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Dimitar Dzhondzhorov



Articles by Dimitar Dzhondzhorov

Major Ripple Advancements and Top XRP Price Forecasts as of Late

1 day ago

TL;DR
Ripple plans to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum, despite SEC’s criticism.
Meanwhile, XRP’s price is down, but some analysts see the current level as a buying opportunity.

What’s New Around Ripple?
One of Ripple’s latest developments is its upcoming stablecoin pegged to the American dollar, which should serve as a bridge between traditional finance and the crypto industry.
Earlier this week, the company said it will be named Ripple USD (ticker RLUSD) and will be available on the XRP Ledger and Ethereum. The launch is scheduled for 2024, but the exact date remains unknown.
Despite not being live yet, the stablecoin has already received criticism from the United States Securities and Exchange Commission (SEC) which

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ChatGPT Ranks These as the Best Meme Coins to Watch in 2024

2 days ago

TL;DR
Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are expected to stay dominant in 2024 due to their strong recognition and ecosystems.
However, many contenders could steal their thunder this year, assuming certain factors are in place.

Starting With the Leaders
Meme coins have been crypto’s rock stars during this bull cycle, with many experiencing impressive price increases and receiving support from leading exchanges and prominent industry figures. They are also noteworthy for their strong communities and ability to turn into massive trends.
We asked ChatGPT if their progress will continue in 2024 and which meme coins investors should pay special attention to. The chatbot highlighted the potential of six assets, with Dogecoin (DOGE) and Shiba Inu (SHIB) being

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Dogecoin (DOGE) Rally or More Pain for the Bulls: What’s Next for the Meme Coin

3 days ago

TL;DR
Dogecoin (DOGE) has dropped to around $0.14, a 12% decline in a week, but some analysts expect a potential price surge based on technical patterns.
Market analysis shows DOGE has strong support at $0.115 and resistance at $0.16, with an RSI of 48 indicating it is neither overbought nor oversold.

Where’s DOGE Headed?
The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – has been heavily affected by the recent market decline. Its price tumbled to approximately $0.14, representing a 12% plunge on a seven-day scale. 
DOGE Price, Source: CoinGeckoDespite the downtrend, many X users expect new explosive moves from DOGE. An example is CryptoJack, who anticipates a substantial uptick once the asset’s price breaks out from a certain descending pattern.

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Polkadot Ecosystem Recap: Some of the Recent Major Developments

3 days ago

TL;DR
Polkadot has partnered with Heroic and introduced Deloitte’s KYC credential solution through the Polimec Protocol. The community also plans to allocate 3 million DOT tokens to support DeFi activities.
Despite these advancements, Polkadot’s cryptocurrency DOT has declined by 10% weekly, but some analysts are optimistic about its future potential.

What’s New Around Polkadot?
Polkadot continues to make waves due to significant advancements related to its ecosystem and important partnerships. 
Earlier this month, the open-source games launcher Heroic teamed up with the blockchain protocol. As a result, the Polkadot brand will be incorporated into the Heroic jersey design and live stream overlays.
“This collaboration will also bring a fresh wave of excitement to the

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Important Update Regarding Ripple’s Stablecoin: Details

4 days ago

TL;DR
Ripple plans to introduce a stablecoin on the XRP Ledger and Ethereum later this year, aiming to bridge traditional finance and the cryptocurrency sector.
The United States Securities and Exchange Commission (SEC) has labeled the product an “unregistered crypto asset,” continuing its longstanding legal battle with the company.

Here’s the Latest Info
Ripple made the headlines earlier this year when it disclosed that it would launch a stablecoin pegged to the American dollar. CEO Brad Garlinghouse claimed the monetary product could serve as a bridge between traditional finance and the cryptocurrency sector.
In a recent post on X, the team revealed further details, informing that the stablecoin will be called Ripple USD (ticker RLUSD). It will be available on the XRP

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Polkadot Crashes Toward $6 But Some Remain Optimistic, What’s Next? (DOT Price Prediction)

6 days ago

TL;DR
Polkadot (DOT) is trading at around $6.37 amid a market correction, with analysts predicting a potential rise if it surpasses key resistance zones.
The Relative Strength Index (RSI) indicates the asset might be poised for an upward trend, with current levels suggesting it is not overbought.

Bears Might Get Disappointed
Polkadot’s DOT is yet another cryptocurrency heavily affected by the ongoing market correction. It currently trades at around $6.37 (per CoinGecko’s data), representing a 2% decline on a daily scale and 14% on a two-week basis.
One popular analyst who touched upon the asset’s downtrend is the X user Yakuza. He
claimed that last week’s volatility interpreted DOT’s bullish mode but argued that “the party isn’t over yet.”
The analyst outlined an

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Shiba Inu (SHIB) Team With Major Warning to its Community: Details

7 days ago

TL;DR
Shibarmy Scam Alerts warned about fraudulent websites targeting Shiba Inu users, urging verification of site legitimacy.
The Shiba Inu team previously cautioned about fake Dapps and deceptive offers, emphasizing double-checking URLs and avoiding suspicious links.

The Latest Alert
The X account focused on treats surrounding Shiba Inu and its native token SHIB – Shibarmy Scam Alerts – issued a stark warning to the community. The team claimed that multiple fraudulent websites have spread across the crypto space, posing substantial risks to people. Those websites were described as “a scam designed to steal your funds:” 
“There is no website you need to connect your wallet to so it can sync up with the network, refresh your rewards, fix any issues you may be having with

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Shiba Inu (SHIB) Looks Ready to Spike to a New ATH (Analysts)

8 days ago

TL;DR
Shiba Inu has been struggling to catch up with the booming crypto market lately, recording a slight price decrease in the past seven days.
Despite this, some analysts predict a bull run, with potential targets up to $0.00014 toward the end of the year.

The Odds of a New Substantial Rally
Contrary to the overall market resurgence in the past few days, the popular meme coin Shiba Inu (SHIB) has underperformed. Its price is down 8% weekly, while the market capitalization slipped below the $15 billion mark.
Nonetheless, some industry participants believe the following months will be quite successful for the self-proclaimed Dogecoin killer, envisioning impressive increases. 
The X user Mags presented a price chart, according to which the meme coin’s value could shoot to

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Most Recent Ripple (XRP) Price Predictions to Watch

9 days ago

TL;DR
XRP has been trading around $0.52 recently, but analysts predict a potential rise to $0.70 this summer as the token supposedly nears the end of a long consolidation phase​.
While some foresee gains, others predict a possible drop to $0.27.

Is It Time for XRP to Shine?
Ripple’s XRP is one of the few leading cryptocurrencies that have not experienced a substantial price increase in the past few weeks. It has consolidated around the $0.5 mark, while its market cap has been struggling to cross the $30 billion level.
Some analysts, though, think the asset is poised for significant gains in the near future. The content creator using the X handle DustyBC Crypto noted XRP’s progress on a yearly scale, suggesting that an uptick toward $0.70 can occur sometime this summer.

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Ripple v SEC Lawsuit Recap: The Developments After the Trial’s Start

9 days ago

TL;DR
Ripple and the SEC have been in a significant dispute involving key witness testimony from Andrea Fox.
The entities have also clashed over the sealing of certain financial documents, with the regulator viewing this data as critical to the case.

The Clash Over Key Testimony
The infamous legal battle between Ripple and the US Securities and Exchange Commission (SEC) has been ongoing since December 2020. Back then, the regulator accused the firm of raising over $1.3 billion via unregistered securities offering by selling XRP. 
The lawsuit experienced countless ups and downs in the last years before reaching its trial stage on April 23, 2024. Shortly after that date, Judge Sarah Netburn signed a new scheduling order focused on the motion for remedies and entry of final

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Big Troubles for Ripple (XRP)? Jim Cramer Tells Gensler the SEC Already Lost

11 days ago

TL;DR
Jim Cramer suggested the SEC has lost its case against Ripple, sparking mixed reactions due to his past inaccurate crypto predictions.
The lawsuit started in December 2020 over unregistered securities allegations, with the company securing partial court wins in 2023, potentially impacting XRP’s price volatility.

Mixed Feelings Following Cramer’s Claim
Earlier this week, the popular American TV personality Jim Cramer participated in a discussion with the US SEC’s Chairman, Gary Gensler. They touched upon numerous topics, including the ongoing legal battle between the regulator and Ripple.
According to Cramer, the agency has already lost the case. His comments went viral on social media platforms such as X, causing controversial debates among the XRP army.

JIM CRAMER

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This Frog-Themed Meme Coin Eyes a New ATH After a 30% Daily Surge: Details

13 days ago

TL;DR
One frog-themed meme coin that has been rising in popularity experienced a 30% spike on 24-hour scale, nearing a new all-time high price.
However, PEPE remains the biggest asset of that type, with a market cap of over $6 billion.

The Rise of PEPE’s Competitor
The meme coin sector continues spewing new tokens, with some of them turning into real sensations in a short period of time. One example is the frog-themed Brett (BRETT) which saw the light of day three months ago but started making waves towards the end of March due to its exponential price increase.
In the past few weeks, the asset has been one of crypto’s rock stars, with its value hitting an all-time high of over $0.12 on June 2 and its market capitalization surpassing the staggering $1.2 billion.
Despite a

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Is Dogecoin Ready to Reach the $1 Milestone? Analysts With Interesting DOGE Price Predictions

13 days ago

TL;DR
Despite Dogecoin’s recent decline to around $0.15, numerous analysts foresee a significant price increase, with one predicting a 7x rise to over $1.
Ali Martinez notes a key resistance at $0.166-$0.171, suggesting a potential rise to $0.32 if overcome.

DOGE Bull Run in the Making?
The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – experienced a significant resurgence in March this year, with its price spiking to $0.22. Since then, though, it has been on a downfall, currently hovering at around $0.15 (per CoinGecko’s data).
DOGE Price, Source: CoinGeckoThe negative performance lately appears to be of no concern for multiple analysts who have outlined bullish price predictions. 
The X user Mags claimed that DOGE has recently escaped from its

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Polkadot (DOT) Ecosystem Recap: The Recent Advancements

13 days ago

TL;DR
Polkadot Blockchain Academy launched its fifth cohort in Singapore to nurture developer talent with 184 lecture hours and 18 experienced instructors.
Polkadot recently introduced Asynchronous Backing for better block validation and partnered with Founder Institute for a Web3 cohort. Despite those advancements, DOT’s price remains steady at around $7, with mixed future predictions.

The Latest Update
According to a document shared with CryptoPotato, Polkadot Blockchain Academy (PBA) unveiled its fifth cohort in Singapore towards the end of last month. The initiative aims to nurture developer talent in the region and deliver a learning experience for the participants. 
The cohort is led by 18 experienced instructors, and as such, students can expect top-tier guidance

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Top Bitcoin Price Predictions to Watch this June: BTC Rally Incoming?

14 days ago

TL;DR
Bitcoin rose above $69,000 after consolidating around $67,500, with predictions of further gains if key resistance levels are surpassed.
Analysts point to interesting technical patterns and indicators suggesting BTC could reach new highs, potentially up to $85,000.

Bitcoin Price Predictions to Watch
After a brief period of consolidation around the $67,500 mark, the price of Bitcoin (BTC) started a new uptrend today (June 3), soaring above $69,000. Numerous analysts noted the revival, outlining predictions of more substantial peaks in the near future, assuming some important factors are in place.
The X user Ali Martinez argued that a “sustained break” above the resistance zone of $69,330 will send BTC “higher.” On the other hand, he warned that the TD Sequential

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We Asked ChatGPT if Shiba Inu (SHIB) Can Become a Top 5 Cryptocurrency This Year

15 days ago

TL;DR
Shiba Inu (SHIB) saw a price surge earlier this year but has since lost some of its momentum. ChatGPT sees low chances of reaching the top 5 cryptocurrencies despite further growth from Shibarium and a strong community.
Dogecoin (DOGE), backed by Elon Musk and Tesla, has better prospects for entering the elite club, driven by potential celebrity endorsements and market optimism.

Is That a Mission Impossible?
The popular meme coin experienced an impressive revival earlier this year, with its price tapping a two-year high in March. Back then, its market capitalization surged above $25 billion. Despite heading south in the following months, the asset remains one of the hottest topics across the community and one of the 15 biggest cryptocurrencies.
As such, we decided

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Top Ripple (XRP) Price Predictions as of Late

16 days ago

TL;DR
XRP has stayed stable between $0.51 and $0.54 despite market volatility, with analysts predicting a potential rise due to its low RSI ratio.
The upcoming launch of a Ripple stablecoin, a possible XRP ETF, and a settlement in the lawsuit against the US SEC could also drive a price increase.

Is XRP Ready to Spike?
While the cryptocurrency market experienced substantial volatility in the past few weeks, Ripple’s XRP remained relatively unfazed. Its price has recently consolidated in the $0.51-$0.54 range and is currently trading at the lower line. 
Still, many analysts believe the asset will head north in the near future, citing some important factors. The X user EGRAG CRYPTO assumed that XRP could soon turn into a bullish mode due to the low RSI ratio.
The Relative

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Polkadot (DOT) Ecosystem Recap: The Latest Developments

18 days ago

TL;DR
Polkadot has introduced the Join-Accumulate Machine (JAM) upgrade to replace the Relay Chain and launched a 10 million DOT prize to encourage development.
The protocol improved block validation efficiency after a vital upgrade and formed a strategic partnership with the Founder Institute to launch its first Web3 cohort.

The Recent Advancements
Polkadot keeps holding center stage thanks to the developments surrounding its ecosystem and some strategic partnerships. Most recently, founder Gavin Wood revealed that the community has ratified the Join-Accumulate Machine (JAM) Gray Paper as “its next major protocol evolution with a near-unanimous governance vote.”
This technical upgrade is designed to replace the existing Relay Chain (the central chain of the network) with

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Shiba Inu (SHIB) Tops a Prestigious Ranking Following its Latest Price Surge: Details

18 days ago

TL;DR
Shiba Inu (SHIB) experienced a significant price spike earlier this week, briefly surpassing Cardano (ADA) in market cap and becoming a top trend in the crypto community.
However, its price soon dropped amid an overall market correction.

SHIB’s Latest Achievement
The price of Shiba Inu (SHIB) spiked by double digits on May 29, turning into one of the best performers in the sector. Its market cap temporarily crossed the $17 billion mark, and the asset briefly flipped Cardano (ADA) to become the 11th biggest cryptocurrency. 
The rally could be one reason the self-proclaimed Dogecoin (DOGE) killer topped a key ranking. According to the market intelligence platform Santiment, SHIB became the top-trending cryptocurrency, sharing the first spot with another meme coin –

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This Frog-Themed Meme Coin Hit an ATH After a 120% Monthly Surge (Hint: It’s not PEPE)

19 days ago

TL;DR

The price of one frog-themed cryptocurrency rose 130% in the past month, hitting an all-time high of $0.09 and a market capitalization of $900 million.
Analysts predict further gains and a potential market cap surge towards the $1.5 billion mark.

The Next Crypto Sensation?
The ever-evolving meme coin sector spews new tokens quite frequently, with some capturing the attention of industry participants and turning into major trends in a short period of time. One such asset that saw the light of day earlier this year and managed to attract the masses is Brett (BRETT).
The price of the frog-themed meme coin reached an all-time high of over $0.09 today (May 29) after experiencing a whopping 130% surge on a monthly scale.
BRETT Price, Source: CoinGeckoBRETT’s

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Binance Will Temporarily Halt Withdrawals and Deposits on the Ethereum (ETH) Network: Details

20 days ago

TL;DR
Binance will temporarily suspend ETH deposits and withdrawals for two hours during wallet maintenance.
The company regularly updates its platform by adding new trading pairs and delisting certain cryptocurrencies due to security or liquidity issues, continuously aiming to enhance user experience.

The Upcoming Development
The world’s largest cryptocurrency exchange will perform wallet maintenance for the Ethereum (ETH) network on May 29. The process is scheduled to take approximately two hours. 
To support the development, Binance will temporarily suspend deposits and withdrawals on the ETH network and will resume operations once everything is wrapped up. 
The company assured that the trading of assets on the aforementioned ecosystem will not be impacted and promised

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This Why Chainlink (LINK) Could Keep Rising in the Following Months: Analysts Chip in

20 days ago

TL;DR
While the broader crypto market corrected, Chainlink (LINK) rose to nearly $19, marking a 6% daily increase.
Analysts forecast further gains for the asset, supported by rising whale activity and key partnerships. Metrics show large transaction volume and a shift from exchanges to self-custody, indicating reduced selling pressure.

All Eyes on LINK
The cryptocurrency market experienced a correction in the past several hours, with numerous leading digital assets retracing substantially. Bitcoin (BTC), for one, dropped from $70,600 to $67,500 before settling at its current level of around $68K (per CoinGecko’s data).
However, not all cryptocurrencies are in the red. One notable gainer is Chainlink (LINK), whose price neared the $19 mark following a 6% increase on a

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Cat-Themed v. Dog-Themed Meme Coins: ChatGPT Analyzes Which Will Perform Better in 2024

23 days ago

TL;DR
Dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) dominate due to strong communities and endorsements, while cat-themed ones like Popcat (POPCAT) are gaining interest but remain less popular.
Pepe (PEPE) has recently surged and could also become a top meme coin this year with continued community support and strategic developments, though investors should be cautious due to market volatility.

What Are the Expectations?
The meme coin realm has made great strides in the past several months, with its total market capitalization surpassing the $60 billion mark. Dog-themed sector leaders such as Dogecoin (DOGE), Shiba Inu (SHIB), dogwifhat (WIF), Bonk Inu (BONK), Floki Inu (FLOKI), and many others have charted substantial price increases, capturing the

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Bonk Inu (BONK) Flips Floki Inu (FLOKI) Following a 15% Daily Surge: Details

25 days ago

TL;DR
Solana-based meme coin Bonk Inu saw a 15% daily and 45% monthly price increase. Its market capitalization is nearing $2.5 billion, surpassing Floki Inu.
Pepe (PEPE) is another meme coin making the headlines, hitting a new all-time high after a 110% monthly ascent. Its market cap exceeded $6 billion, making it the third-largest in its cohort.

BONK Surpasses its Rival
The cryptocurrency market has been booming lately amid expectations that the US Securities and Exchange Commission (SEC) will give the thumbs up on Ethereum ETFs before the end of this week. Somewhat expectedly, Ethereum (ETH) is among the best performers, registering a 6% increase on a daily scale and 30% over the past month. 
However, it is not the only one well in the green, with other assets even

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Trump or Biden? Cardano’s Charles Hoskinson Outlines the Better Choice for the Crypto Industry

28 days ago

TL;DR
The upcoming US presidential elections feature Trump vs. Biden, with Trump leading in recent polls. Charles Hoskinson criticized both nominees but endorsed independent candidate Robert F. Kennedy Jr. for his friendly stance on the digital asset industry.
Cardano’s founder believes the pro-crypto vote will be crucial, suggesting that millions of Americans support the sector.

‘Crypto is the Decider’
The US presidential elections are scheduled for November this year and promise to be quite contested. The Republicans’ candidate is the former president Donald Trump, while the Democrats’ nominee is the current political leader of the nation – Joe Biden. 
Recent polls have estimated that Trump has the better chance to emerge victorious since he reportedly leads in

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Shiba Inu (SHIB) Burn Rate Explodes by Almost 600%: Details

28 days ago

TL;DR
Shiba Inu’s burn rate increased by 579% in the past 24 hours, with nearly 10 million tokens destroyed.
Other crypto projects also use burning mechanisms to manage their token supply, with recent burns concurring with significant price increases.

The Latest Spike
Shiba Inu’s burn rate has increased by 579% in the past 24 hours, resulting in almost 10 million assets being destroyed. The burned tokens on a weekly scale equal 57.6 million.
The burning mechanism is a strategic approach to manage SHIB’s supply and create potential value appreciation through scarcity. Shiba Inu has a maximum supply of 999,982,363,413,352 tokens, with over 40% already sent to a null address.
The process is rather complicated and involves both automatic and manual burns. Those curious to

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ChatGPT Compares: Which Meme Coin Will Perform Best This Year

29 days ago

TL;DR
Dogecoin and Shiba Inu are top meme coin contenders for 2024, with DOGE benefiting from endorsements and a strong community, while SHIB has shown significant yearly gains.
ChatGPT also outlined the chances of Pepe (PEPE), dogwifhat (WIF), and Bonk Inu (BONK) due to their recent price rallies and solid support base.

DOGE and SHIB Are Among the Contenders
The meme coin sector has captured the attention of industry participants in the past several months, with numerous assets experiencing substantial price surges. The niche witnessed the progress of some recently launched tokens and the success of others that have been part of the industry for years.
Considering the huge interest in the topic, we decided to ask ChatGPT which meme coin will perform the best in 2024. The

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Polkadot (DOT) Ecosystem Recap: The Most Recent Advancements

29 days ago

TL;DR
Polkadot partnered with Founder Institute to launch a Web3 cohort and introduced Asynchronous Backing to enhance scalability.
Some of its parachains, such as Acala Network and Moonbeam Network, have also made notable advancements in security, governance, and community engagement initiatives.

Summary of the Latest Developments
Polkadot’s ecosystem continues to advance due to frequent improvements in its operations and vital partnerships. Most recently, the blockchain protocol shook hands with Founder Institute (a leading business incubator that turns ideas into fundable startups). 
The latter described the collaboration as “groundbreaking,” adding that it marks the start of “an exciting chapter” related to the launch of the first Web3 cohort in its Core Program. “Our

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Can Pepe (PEPE) Become the Biggest Meme Coin in 2024? (ChatGPT Answers)

29 days ago

TL;DR
PEPE hit a new all-time high on May 15 with a market cap nearing $5 billion, making it the third-largest meme coin.
It could become the leading asset in its realm if it maintains its price momentum, gains community support, and receives influential endorsements (according to ChatGPT).

What Are PEPE’s Chances?
The frog-themed meme coin – Pepe (PEPE) – has gained even more popularity in the past few days thanks to its rapid price increase. As CryptoPotato reported, it hit a new all-time high on May 15, whereas its market capitalization neared the $5 billion mark. The surge positioned PEPE as the third-largest in the meme coin realm, trailing behind Dogecoin (DOGE) and Shiba Inu (SHIB). 
We decided to ask ChatGPT whether its rally can continue throughout 2024 and

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The Most Outrageous Ripple (XRP) Price Predictions This Year

May 18, 2024

TL;DR
XRP trades around $0.52, with some analysts predicting potential rises to $5.85, $18.22, and even up to $100, although extreme targets are unlikely.
The ongoing lawsuit between Ripple and the SEC significantly affects the asset’s price, with the company’s partial court wins boosting optimism for a potential bull run.

The Odds of a Ridiculous XRP Rally
Despite a brief price surge above $0.70 in mid-March, Ripple’s XRP has not positioned itself among the best-performing cryptocurrencies this year. It currently trades at around $0.52 (per CoinGecko’s data), which is a minor increase compared to the figure witnessed a month ago. 
Numerous analysts believe the asset can break out of its current price position and head toward somewhat outrageous targets. One example is

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