The Pi Network price has continued to consolidate since the first week of April as demand from investors wanes. Pi Coin (PI) was trading at $0.60 on Monday, much lower than its all-time high of $3. It has erased over $9 billion in value, with its market cap falling from over $13 billion to $4…
The New XAI Gork price surged on Monday as the weekend rally triggered fear of missing out among retail investors. New XAI Gork (GORK) token jumped to $0.07, continuing a rally that started on Friday when it bottomed at $0.01443. It has soared by almost 400%, giving it a market cap of over $70 million….
XRP at a crossroads: will $2 hold or crumble?
Cryptocurrencies performed well last week, with Bitcoin soaring to its highest level since February and the market cap of all coins jumping to over $3 trillion. The main catalyst for Bitcoin (BTC) and other altcoins this week will be the Federal Reserve interest rate decision on Wednesday. Signs that the Fed will cut rates three…
A recently launched leveraged exchange-traded fund tracking XRP is gaining momentum in terms of asset inflows. The Teucrium 2x Long Daily XRP ETF, whose ticker symbol is XXRP, has had inflows in the last four consecutive weeks. Its assets have moved from zero to over $67 million in this period. The ETF’s performance has also…
The Dogecoin price has consolidated in the past few weeks, even as on-chain data points to whale accumulation. At last check Sunday, Dogecoin (DOGE) was trading at $0.1743, a range it has remained stuck at in the past few days. This price is about 36% above the lowest level this year. On-chain data compiled by…
Cardano price continued to consolidate this week, but the ongoing whale accumulation and its technical pattern points to a rebound. Cardano (ADA), the popular layer-1 network, was trading at $0.70 on Saturday, a level it has remained at in the past few days. There are signs that whales are starting to accumulate as they expect…
Ripple and Ethereum have formed divergent chart patterns, raising the hopes that the former will become the second-biggest cryptocurrency this year. Ethereum (ETH) traded around $1,837 at last check on Saturday, while Ripple (XRP) was stuck at $2.20. Yet, both prices were much higher than their respective year-to-date lows. The two have a market cap…
Sui price is slowly forming a bullish flag and a golden cross, pointing to a strong breakout as its funding rate turns positive and decentralized finance assets jump. Sui (SUI) token was trading at $3.40 on Saturday, up by 94% from its highest level in April this year. Third-party data shows that Sui has become…
Traders turned optimistic this week as Bitcoin surpassed $97,000, paving the way for capital rotation to GameFi, DeFi and Layer 2 tokens. ImmutableX’s IMX token stands out among the rest with double-digit gains on Friday. The native utility token of the gaming platform rallied 10% before erasing gains at the end of the week, and…
