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Dimitar Dzhondzhorov



Articles by Dimitar Dzhondzhorov

Cardano Price Prediction: Is a Mega Move for ADA on the Horizon?

1 day ago

TL;DR
Cardano’s ADA has significantly declined, currently priced around $0.45, reflecting a broader market downturn.
However, analysts remain optimistic, with forecasts suggesting a rebound to $1 in the near term and possibly reaching higher milestones like $1.70 or even $10 under favorable conditions.

ADA Ready for a Bull Run?
Cardano’s ADA has underperformed in the past few weeks, coinciding with the broader crypto market retreat. Its price currently hovers around $0.45 (per CoinGecko’s data), representing a 22% decline on a weekly scale and 25% in a month.
ADA Price, Source: CoinGeckoThe chart analyst using the X handle Trend River, though, believes ADA may experience a substantial rally in the following months if it mirrors its performance from the past:
“If history

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Here’s Why VeChain (VET) Seems Ready to Hit an ATH: Analyst

2 days ago

TL;DR
Despite a recent dip, VeChain (VET) has seen a nearly 60% increase in its value year-over-year, with speculation about reaching new highs soon.
Analyst predictions are varied, with some expecting short-term rises to $0.06, while others envision a whopping 2,500% rally to $1.
VET Price Gearing up for a Peak?
Despite plunging significantly in the past week, VeChain’s native cryptocurrency – VET – remains among the best performers on a yearly scale, with its price rising by almost 60% (per CoinGecko’s data).
VET Price, Source: CoinGeckoIt currently hovers the $0.04 mark, while some analysts believe a new all-time high above $0.25 could be on the horizon. One example is the popular X user Ali, who thinks VET mimics its price trajectory from June to December 2020.

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Huge Increase in Shiba Inu Burn Rate: Can the SHIB Price Rebound?

3 days ago

TL;DR
The Shiba Inu burn rate exploded again, an effort aimed to reduce the asset’s circulating supply and make SHIB more valuable in time.
However, the price remains deep in red territory amid an overall market collapse. 

SHIB Burn Rate Takes Off
The team behind the popular meme coin – Shiba Inu – keeps removing a substantial amount of tokens from circulation. Data shows that the burn rate has skyrocketed by almost 500% in the past 24 hours and 193% on a weekly scale. This resulted in over 774 million SHIB assets being destroyed.
The program’s ultimate goal is to reduce the coin’s tremendous supply, making it scarcer and potentially more valuable in the future. 
As CryptoPotato reported, the burn rate exploded by 50,000% at one point in April, while the amount of tokens

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Important Binance Announcement Affecting Some Altcoin Traders: Details

3 days ago

TL;DR
Binance will introduce new perpetual contracts with high-leverage options, enhancing its futures trading platform.
Despite these additions, the involved cryptocurrencies face declines in a generally falling market.

What’s New?
The world’s largest cryptocurrency exchange will expand the list of trading options offered on Binance Futures to enhance users’ experience. It will launch the ARB/USDC and NEO/USDC perpetual contracts with up to 50x leverage, while FIL/USDC will allow up to 75x leverage. The three choices will be available to traders from April 18.
Binance warned that it may adjust the specifications of the upcoming options, including the funding fee, tick size, maximum leverage, and initial margin, “based on marker risk conditions.” 
The company will also

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Ethereum (ETH) Tops a Notable Ranking, Surpassing Popular Altcoins and Meme Coins

3 days ago

TL;DR
Ethereum (ETH) leads in a particular ranking following the approval of Ethereum ETFs in Hong Kong.
Despite this success, the asset’s price has recently declined by 5% in 24 hours and 15% weekly, with analysts indicating critical levels for potential recovery in its value.

ETH Ranks First
The market intelligence platform Santiment revealed that Ethereum (ETH) has garnered much attention lately, experiencing the fastest rise in discussion rate in the crypto community. Beam (BEAM) was placed second, while the biggest stablecoin by market capitalization, Tether (USDT), rounded up the top three.
Other popular cryptocurrencies included in the list are Cat in a Dogs World (MEW), Avalanche (AVAX), Toncoin (TON), and Ondo (ONDO).
According to Santiment, the main reason for

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This Popular Trader Buys the Polkadot (DOT) Dip: Details

4 days ago

TL;DR
Polkadot (DOT) remains well in the red on a weekly scale following the latest market decline.
Nonetheless, some analysts are optimistic about the asset’s potential for significant gains in the near future, adding it to their portfolios.

DOT’s Next Possible Move
Polkadot’s native token—DOT—tumbled severely during the latest market correction. Its price is down 20% on a weekly scale, briefly plunging below $6. However, it started recovering in the past several hours and is currently trading at around $7 (a 7% increase in the last 24 hours).
DOT Price, Source: CoinGeckoOne popular cryptocurrency trader who touched upon DOT’s recent price turbulence is the X user FLASH. The analyst argued that the asset’s trajectory is “the ugliest ever,” but the trends might soon

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Essential Shiba Inu Indicator Soars by 80%: Is the SHIB Price Ready for a Rally?

4 days ago

TL;DR
Shiba Inu’s layer-2 solution, has seen a sharp increase in both active accounts and daily transactions, signaling network growth.
Developments in Shibarium may fuel a potential rally for SHIB, which is already recovering alongside other meme coins like MEW and DOGE.

Shibarium Keeps Progressing
Shiba Inu’s layer-2 blockchain solution – Shibarium – once again made the headlines, experiencing a significant revival. 
Latest data shows that active accounts on the network have surpassed 25,000, an 80% increase compared to the number observed the day before and a whopping 3,500% jump since the start of April. Daily transactions have also been on the rise, spiking above 400,000.
Officially launched in August last year, Shibarium aims to foster the development of Shiba Inu

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Ripple Price Predictions Amid the Crash: Where’s XRP Headed?

5 days ago

TL;DR
Ripple’s XRP dropped by 20% following a market downturn, yet some analysts see this as a buying opportunity.
Several other optimistic predictions indicate a bullish outlook for the asset, with potential significant appreciation in its value expected soon.

‘XRP Dips For Buying, Not For Crying’
The cryptocurrency sector experienced a substantial correction on April 14, with its global market capitalization plunging to approximately $2.4 trillion. CryptoPotato reported that the adverse trend resulted in multi-million liquidations, mainly affecting long traders. 
Ripple’s XRP is among the notable losers in the past week, nosediving by 20% to around $0.48 (per CoinGecko’s data).

Source: CoinGeckoHowever, some analysts remain unfazed, viewing this as a buy-the-dip

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ChatGPT Analyzes if XRP Can Flip SOL if Ripple Wins Against the US SEC

5 days ago

TL;DR
The lawsuit between Ripple and the SEC, concluding with a grand trial on April 23, could significantly influence XRP’s price and market capitalization.
The asset’s value growth also depends on market dynamics and adoption by major financial institutions.

Waiting for the Judge’s Decision
The lengthy legal battle between Ripple and the US Securities and Exchange Commission (SEC) will move to a grand trial (scheduled for April 23), which is supposed to be the final chapter of the dispute. Industry participants believe the case’s outcome may significantly impact XRP’s price.
For example, a decisive win for Ripple (which already secured three partial court victories) could boost the valuation of the coin, while the opposite scenario might hamper the industry’s

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We Asked ChatGPT if Bitcoin’s (BTC) Market Cap Can Hit $3 Trillion After the Halving

7 days ago

TL;DR
Bitcoin’s market cap may reach $3 trillion post-halving, driven by several important factors.
Opinions on BTC’s future value vary, with optimistic projections as high as $100K, alongside broader industry growth expectations led by figures like Ripple’s CEO.

The Halving’s Possible Impact
Bitcoin’s market capitalization recently reached an all-time high of over $1.43 trillion, with the figure currently standing at around $1.32 trillion.
The asset’s price performance has been quite impressive in the past month, with many industry participants expecting further gains in the following months based on the upcoming halving. As such, we decided to ask ChatGPT whether BTC’s market cap could hit the $3 trillion milestone once the event takes place.
The popular chatbot said

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Top Recent Shiba Inu Price Predictions: Where is SHIB Headed in 2024?

7 days ago

TL;DR
Shiba Inu (SHIB) has recently dropped in value but is predicted to rebound strongly due to favorable technical signals and recent breakout patterns.
Positive signs for the meme coin include a decrease in exchange netflows, advances in its Shibarium layer-2 solution, and a significant increase in its burn rate.
Where is SHIB Headed?
The cryptocurrency market experienced a severe correction on April 12, with the prices of numerous digital assets dropping to multi-week lows. Shiba Inu (SHIB), for one, has nosedived by 6% on a weekly scale and 20% in a month.
However, there are plenty of analysts who believe the negative trend will soon be followed by a substantial upswing. 
The X user with almost half a million followers – Rekt Capital – recently noted that SHIB’s price

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Ripple (XRP) Ready for a ‘Huge Bullish Tide,’ $1 Incoming?

9 days ago

TL;DR
XRP has seen significant volatility recently, with predictions suggesting a potential surge to $4 by early 2025.
The anticipation of Ripple’s trial with the SEC on April 23 adds to the interest in XRP, with speculations that a favorable outcome for the firm could lead to a significant rally in the asset’s price.

Ripple’s XRP experienced enhanced volatility in the past few days, rising to $0.64 on April 9 before retracing to its current level of approximately $0.60 (per CoinGecko’s data).
The popular cryptocurrency analyst Mikybull Crypto suggested that the ongoing price condition could be the foundation for massive future gains to as high as $4. The X user believes the new ATH could be reached by the beginning of 2025.
Dark Defender outlined a bullish forecast, too,

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Important Binance Announcement Affecting WIF and PEPE Traders

9 days ago

TL;DR
Binance added 18 new cryptocurrencies, including meme coins and established altcoins, to its loan program and introduced new tokens to its VIP Loan section.
Binance Loans allows users to borrow funds using their crypto stash as collateral.

The leading cryptocurrency exchange, Binance, continues implementing amendments to its platform to respond to current market trends and enhance users’ experiences.
Most recently, it added 18 new loanable assets to Binance Loan. Some of the involved cryptocurrencies include the trending meme coins dogwifhat (WIF) and Pepe (PEPE), as well as popular altcoins such as Hedera (HBAR), IOTA (IOTA), Celestia (TIA), and more. 
It also announced the addition of Saga (SAGA) and Tensor (TNSR) to its VIP Loan section. Both tokens saw the light

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Ripple (XRP) Included in This Prestigious List: Details

10 days ago

TL;DR
Ripple’s XRP ranks seventh in discussion volume, likely due to the anticipation around its legal case with the SEC.
The outcome of the lawsuit may significantly influence the entire cryptocurrency market.

These Cryptocurrencies Lead the Pack
The crypto market intelligence platform – Santiment – outlined the top 10 cryptocurrencies that have received the most attention this week. 
Somewhat expectedly, the digital asset sitting at the top position is the largest by market capitalization – Bitcoin (BTC). The interest around it is usually high, but the levels have surged even more due to the halving scheduled to take place less than two weeks from now.
Santiment noted the impressive BTC price performance as of late, claiming that multiple traders are optimistic of “an

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Ripple’s CEO With a Very Bullish Prediction for 2024

11 days ago

TL;DR
Brad Garlinghouse forecasts the crypto market value could double this year, buoyed by pivotal events like the US’s first spot BTC ETF and the Bitcoin halving.
XRP’s performance remains subdued amid Ripple’s ongoing legal fight with the SEC, with the outcome likely to significantly influence the asset’s price volatility and future market dynamics.

Garlinghouse’s Prediction
The cryptocurrency sector has been booming since the beginning of the year, with Bitcoin (BTC) reaching a new all-time high of over $73,500 last month. Currently, the primary digital asset trades at more than $72,000, while the global crypto market capitalization stands at $2.8 trillion (per CoinGecko’s data).
Many industry participants believe the bull run is just starting, envisioning new

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Ripple (XRP) Bull Run to Return? This Level Needs to Fall First According to Analysts

11 days ago

TL;DR
Ripple’s XRP experienced a modest 2% daily increase, currently valued at nearly $0.61.
Analysts believe the asset could surge if it surpasses the $0.75 resistance, with its price also affected by the upcoming Ripple vs. SEC trial.

The cryptocurrency market launched another substantial rally today (April 8), with Bitcoin (BTC) briefly surpassing the $72,500 mark.
Ripple’s XRP has also caught the green wave, albeit charting less impressive gains than its rivals. Currently, the asset is worth almost $0.61, representing a 2% increase on a daily scale.
XRP Price, Source: CoinGeckoSome of the bullish analysts who observe XRP’s movements quite frequently, though, predict this is the starting point for a significant future upswing. The X user EGRAG CRYPTO claimed the

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Important Binance Announcement Concerning Mexican Traders

14 days ago

TL;DR
Binance updates its platform to include additional trading options for Mexican users.
The move coincides with a rising adoption in the region and could drag even more people into the world of crypto.

The world’s largest cryptocurrency exchange continues to update its platform to improve users’ experience and respond to the latest trends.
Most recently, it disclosed that it will open trading and enable Spot Algo Orders Trading Bots services for the USDT/MXN pair. The service will become available on April 10. 
MXN is the symbol of the Mexican peso (the national currency of the North American country). Numerous studies have shown that crypto adoption has been on the rise in the region in the past few years, with most holders aged between 25 and 34.

“Mexico stands

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Which Will be the Top Meme Coins in April? ChatGPT Analyzes

15 days ago

TL;DR
ChatGPT predicts that well-known cryptocurrencies could lead the meme coin sector in April due to their substantial community support, while also highlighting the rising popularity of new contestants.
The chatbot stresses the importance of thorough market research and awareness of the risks involved in investing in such volatile assets.

No Surprises?
The meme coin sector has made serious waves lately, with numerous assets of that type charting impressive price rallies and allowing savvy traders to make substantial profits. As CryptoPotato reported, the surges of Shiba Inu (SHIB) and dogwifhat (WIF) have resulted in multi-million gains (at least on paper) for some people.
The niche keeps evolving, spewing new tokens quite frequently, and some of those experience

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Top 5 RWA Cryptocurrencies to Watch in April

16 days ago

TL;DR
The Real-World Asset (RWA) niche, prominently featuring Ondo (ONDO) as its leader, showcases significant growth and investor interest in blockchain tokenization of physical assets.
Other key players in the cohort, like XDC Network (XDC) and Polymesh (POLYX), exhibit varying performances, from market corrections to impressive gains, underscoring the sector’s dynamic nature.

Ondo (ONDO)
Real-world Assets (RWA) have become quite popular lately. They represent certain physical assets, such as objects, properties, and others, and function on the blockchain through smart contracts. The market capitalization of the niche currently stands at over $8.6 billion, with Ondo (ONDO) being the largest token of that type.
The asset is the governance coin of the New York-based

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Shiba Inu (SHIB) is the Most-Traded Coin in March on The Leading Indian Exchange

16 days ago

TL;DR
Shiba Inu achieved a two-year high in its price last month, topping the list of the most-traded digital assets on one popular cryptocurrency exchange.
Despite a recent price dip, multiple analysts, including prominent figures on social media platforms, predict a bullish future for SHIB, with forecasts ranging from reaching all-time highs to doubling in price.

Shiba Inu’s Success Last Month
The second-largest meme coin experienced a solid rally in March, with its price charting a two-year high at the start of the month. The pump caught the eye of numerous traders, and many jumped on the bandwagon, attempting to make substantial profits.
The hype surrounding Shiba Inu could be one reason why the token topped a prestigious list. The leading Indian cryptocurrency

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Ripple v. SEC Lawsuit: What to Expect in April?

17 days ago

TL;DR
The long-standing lawsuit between Ripple and the SEC is set to enter a critical phase with the start of the grand trial at the end of April.
The company has gained momentum due to partial victories secured in 2023.

The lawsuit between Ripple and the US Securities and Exchange Commission (SEC), which has been ongoing for over three years, will witness several key developments this month.
Perhaps the most important one is the start of the grand trial, scheduled for April 23. Its final resolution could have a positive impact on XRP’s price (in the event of a decisive win for Ripple, of course). The opposite is also very much true.
The crypto community, though, should keep in mind that the trial’s beginning does not necessarily mean the legal case will be over this

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These Bitcoin Fundamentals Remain Bullish Despite Today’s Crash Below $65K

17 days ago

TL;DR
Bitcoin has seen a significant price dip, dropping to almost $65,100.
Despite the recent downturn, there are underlying factors poised to drive a positive turnaround in the asset’s market performance.

Abandoning Exchanges
The price of the primary cryptocurrency has experienced a significant correction in the past several hours, dropping to as low as $65,100. Despite being down 7% on a weekly scale (per CoinGecko’s data), some essential factors hint the trend may not last long.
One such element worth observing is Bitcoin’s exchange netflow. According to CryptoQuant, the indicator has been predominantly in negative territory in the past seven days, charting two massive red candles. Shifting from exchanges toward self-custody methods is considered bullish since it

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The Meme Coin Show Goes On as Degen Chain (DEGEN) Price Explodes

18 days ago

TL;DR
The newly launched Degen Chain and its token DEGEN witnessed substantial growth, with the network registering significant transactional volume and user adoption.
DEGEN-related meme coins have also saw the light of day, experiencing substantial price increases.

The ever-evolving cryptocurrency sector recently witnessed the emergence of a new layer-3 blockchain network called Degen Chain. The latter is built on top of the L2 solution Base and has DEGEN as its native token.
The newly-introduced network has recorded transactional volume of nearly $100 million, onboarded over 130,000 addresses, and has more than 4 million completed transactions.
DEGEN’s price has skyrocketed by more than 210% on a weekly scale, touching the $0.06 mark. Its market capitalization currently

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ChatGPT Analyzes if Dogecoin (DOGE) Can Hit $1 in 2024

21 days ago

TL;DR
Dogecoin’s jump above $0.20 has sparked speculation about its potential to reach $1 in 2024, with multiple factors being crucial for its future value movement.
Shiba Inu (SHIB) has seen a 200% increase in price over a month, raising questions about its ability to surpass Dogecoin.

What Are the Odds?
The largest meme coin – Dogecoin (DOGE) – has been on a roll lately, with its price jumping by 30% in the past week and exceeding $0.20. We asked ChatGPT whether the resurgence could continue throughout 2024 and if the $1 milestone is reachable.
The popular AI-powered chatbot did not rule out that possibility, estimating that it depends on a variety of factors, with the main one being market adoption.
“If Dogecoin continues to expand its use cases and gains wider

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Crypto Sensation WIF Flips PEPE to Become the Third-Biggest Meme Coin: Details

21 days ago

TL;DR
WIF hits a new ATH, while other meme coins such as DOGE and SHIB are also well in the green.
Despite the impressive gains, investors are cautioned to be careful when dealing with assets of that type due to their infamous volatility.

The trending Solana-based meme coin – dogwifhat (WIF) – seems to have no limitations, charting a new all-time high price of $4 (per CoinGecko’s data). Its market capitalization touched a whooping level of $4 billion.
WIF Price, Source: CoinGeckoWIF’s market cap currently stands at approximately $3.7 billion, making it the 40th-biggest cryptocurrency and the third-largest in the meme coin realm. Pepe Coin (PEPE) dropped to the fourth position with a capitalization of around $3.3 billion. 
WIF’s latest resurgence coincides with a

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Ripple (XRP) Bashed by Forbes: Cardano’s Charles Hoskinson Responds

22 days ago

TL;DR
Forbes labeled Ripple’s blockchain as ineffective and its token as purely speculative, questioning its utility and market value.
Charles Hoskinson and crypto supporters defended Ripple, making jokes with the media company’s report.

Forbes Takes Aim at Ripple (XRP)
The global media company Forbes recently published a report called “The Rise of Crypto’s Billion Dollar Zombies,” which touched upon numerous cryptocurrency protocols. It paid special attention to Ripple (the company behind the XRP token) and provided detailed information about its early days.
“To fund their ambitious project, executives at the company created 100 billion XRP tokens and sold $1.4 billion worth to the public. In early 2018, at the height of the first wave of crypto euphoria, XRP was trading

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Shiba Inu (SHIB) Team With Crucial Warning to Its Community

22 days ago

TL;DR
Shibarium’s LUCIE issued a warning to the Shiba Inu community about fraud, advising caution with suspicious links offering unexpected rewards.
Despite potential scams, SHIB’s value increased by 18% weekly amid effective token burns and Shibarium’s advancements.

Shibarium’s Marketing Strategist, using the X handle LUCIE, advised the Shiba Inu community to be utterly careful when clicking suspicious links from prominent individuals or entities “announcing unexpected rewards.”
The SHIB official alerted that those links most probably come from hacked accounts, saying people should refrain from connecting their wallets to dubious websites.
Last month, LUCIE warned the community to beware of potential scams related to SHEboshi NFTs. The digital art was a huge success with

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Important Binance Announcement Concerning FLOKI and BONK Traders

24 days ago

TL;DR
Binance will add new trading pairs and introduce bot services to improve user experience, focusing on certain meme coins.
The service expansion excludes users from the USA, Canada, Japan, and several other regions.

The world’s biggest cryptocurrency exchange will expand the list of services offered on Binance Spot “to enhance users’ trading experience.”
It will add the following pairs BONK/USDC, FLOKI/USDC, FTM/USDC, MKR/TRY, RAY/TRY, and RNDR/BRL trading pairs on March 27. Additionally, Binance will enable trading bot services for the aforementioned from the same date.
However, the upcoming options will be available only to eligible users. The company clarified that clients based in the USA (and its territories), Canada, Japan, Iran, Cuba, North Korea, Syria,

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Shiba Inu (SHIB) Outperforms Ripple (XRP) and Cardano (ADA) in This Essential Metric

24 days ago

TL;DR
Shiba Inu experiences a notable rally, surpassing major cryptocurrencies in trading volume, indicating significant investor interest.
The surge in SHIB and other meme coins underscores the growing profitability and appeal in the sector.

The price of the second-biggest meme coin – Shiba Inu (SHIB) – continues to rally, spiking by 7% in the past hour and 15% on a 24-hour scale. Its market capitalization surpassed $18.5 billion for the first time since mid-March.
SHIB Price, Source: CoinGeckoShiba Inu trading volume generated in the last 24 hours has also headed north. According to CoinGecko’s data, the figure has jumped above $2.3 billion, thus outperforming Ripple’s XRP ($2.1 billion) and Cardano’s ADA ($630 million).
Other SHIB-related metrics that

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Shiba Inu (SHIB) Price Predictions: Is The Bull Run About to Continue?

27 days ago

TL;DR
Shiba Inu analysts remain optimistic that future peaks are just around the corner.
A possible ascent might be fueled by the asset’s burning program and developments in the Shibarium network.

After a few weeks of trading on the downside, Shiba Inu’s price finally headed north this week, increasing by some 9% in that period.
Numerous analysts are forecasting significant rallies in the near future.
The crypto investor and trader, using the X handle SHIB KNIGHT, examined Shiba Inu’s weekly performance and claimed the token had surpassed an important resistance level. 

The analyst believes people have been accumulating SHIB lately, envisioning new peaks for the valuation should they continue buying at the same pace. 
Earlier this month, Xanrox – an analyst on

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