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Dimitar Dzhondzhorov



Articles by Dimitar Dzhondzhorov

This Trader Made Over $6 Million by Selling Shiba Inu (SHIB) Holdings: Details

3 days ago

TL;DR
A whale turned a $3,800 investment in SHIB into over $6 million, with remaining holdings valued at $52 million.
Another trader previously saw a 628x ROI from a $2,500 SHIB purchase, potentially gaining $1.58 million.

The Multi-Million Trade
The meme coin sector is full of tokens that have experienced colossal price increases in the past few years, thus giving savvy traders the chance to make substantial profits. Among the notable examples is Shiba Inu (SHIB), which erased multiple zeroes from its valuation in the last years. 
Lookonchain recently revealed the story of one whale who purchased more than 15 trillion tokens in the summer of 2020. The individual spent a mere $3,800 to acquire the stash.
Not long ago, the trader sold 250 billion SHIB for over $6 million.

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Shiba Inu (SHIB) Drops by 15% in 2 Weeks: These Factors Suggest Extended Correction

4 days ago

TL;DR
Shiba Inu’s price has fallen substantially lately, with declining burn rates and large transaction volumes signaling continued bearish momentum.
On the other hand, reduced exchange reserves and SHIB’s RSI nearing oversold territory suggest that a potential rebound may be on the horizon.

The Bad Days for the Bulls Might Not be Over
The past two weeks have been quite successful for most leading cryptocurrencies. Bitcoin (BTC), for instance, saw its price surging by 10%, while Ethereum (ETH) pumped by 4%.
However, some assets have not performed so well. The popular meme coin Shiba Inu is among the biggest losers, with its valuation plummeting by over 15% for that period. Currently, it trades at around $0.00002575 (per CoinGecko’s data), representing a 6% decline on a

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This Meme Coin Jumps by 50% Following Further Support From Binance

5 days ago

TL;DR
Binance expanded support for Simon’s Cat (CAT) by including it in multiple trading programs.
The token reacted to the news with a rapid price increase.

The Binance-Fueled Pump
The world’s biggest cryptocurrency exchange recently added further support for the meme coin launched on the BNB chain – Simon’s Cat (CAT). First, it included it in its HODLer Airdrops Portal. The program rewards BNB holders with token distributions based on historical snapshots of their balances.
“By subscribing BNB to Simple Earn, users are automatically eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards),” Binance explained.
The company said it will distribute 1,143,000,000,000 CAT (12.7% of the token’s maximum supply) to lucky users.
Shortly after, Binance listed the

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Important Binance Trading Update Concerning Peanut the Squirrel (PNUT) and Other Meme Coins: Details

6 days ago

TL;DR
The exchange will increase collateral ratios for six altcoins, including PNUT, starting December 17.
The squirrel-themed meme coin surged in value after its initial Binance listing and sparked widespread interest due to its backing from prominent people like Elon Musk.

The Involved Assets
The world’s leading cryptocurrency exchange will update the collateral ratio for numerous altcoins under Portfolio Margin from December 17. The effort will be completed within approximately one hour and affect the following assets: Peanut the Squirrel (PNUT), 1MBABYDOGE (1MBABYDOGE), Eigenlayer (EIGEN), Reserve Rights (RSR), Movement (MOVE), and Magic Eden (ME).
The collateral ratios of the aforementioned tokens will be raised by 10% each. PNUT’s ratio will be increased from 35%

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Top Ripple (XRP) Price Predictions as of Late

6 days ago

TL;DR
Analysts forecast a potential rally for XRP, with price targets ranging from $2.72 to $8.76.
Conversely, key metrics, including active accounts and transactions, have declined, signaling reduced network activity and potential demand, which could hinder XRP’s upward momentum.

Where Is XRP Headed Next?
The cryptocurrency market has been booming in the past month, with Ripple’s XRP among the top performers. Its price exploded by approximately 120% for that period, briefly becoming the third-biggest digital asset. 
XRP Price, Source: CoinGeckoIn the past few weeks, though, XRP experienced severe volatility, with its valuation plunging below $2 and later spiking above $2.50. Currently, it is worth around $2.36, which represents a 2.5% decline on a 24-hour scale.

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Very Curious Pi Network (PI) Fact: Details

10 days ago

TL;DR
Pi Network users in South Korea surpass Binance’s user base in the country.
The project’s open mainnet launch awaits final verifications, with updates expected in the following weeks.

Pi Network Outpaces Binance on This Front
The cryptocurrency project Pi Network, which allows individuals to mine digital assets directly from their smartphones, remains one of the most discussed topics in the space. It saw the light of day over five years ago but its open mainnet and native token have yet to go live. 
Despite the surrounding controversy, Pi Network has amassed a multi-million community. Not long ago, the team revealed the project’s application had exceeded the milestone of 100 million downloads.
One country where Pi Network has created a stronghold is South Korea. Wu

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Cardano (ADA) Jumps by 15% Daily: These 3 Bullish Factors Suggest a Further Rally

10 days ago

TL;DR
Cardano’s price soared to as high as $1.17, with market cap surpassing $40 billion amid bullish network indicators.
73% of ADA investors are now in profit, a sharp recovery from August’s lows when the majority of the token’s holders were underwater.

ADA Heads North
The cryptocurrency market experienced a notable recovery in the past 24 hours, with multiple leading digital assets charting impressive gains. Bitcoin (BTC), for instance, jumped above $100,000 again, while Ethereum (ETH) is inching toward the $4K level. 
Cardano’s ADA is also one of the best performers, with its price pumping by almost 15% on a daily scale. At one point, the valuation reached $1.17 before stabilizing at its current $1.14 (per CoinGecko’s data). Meanwhile, ADA’s market capitalization

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Top Ethereum (ETH) Price Predictions: New ATH or Another Severe Correction?

11 days ago

TL;DR
Analysts predict ETH could hit $5,000 or even $10,000, with key resistance at $3,750 signaling a potential breakout.
Rising daily active addresses and positive network growth suggest increasing Ethereum adoption, supporting a bullish outlook.

Where’s ETH Headed Next?
The second-largest cryptocurrency was on a tear last week, with its price briefly surpassing $4,000 on December 6. This was the highest level witnessed since March 2024.
Since then, though, ETH started losing steam, tumbling to approximately $3,500 amid the latest market correction observed at the start of the new business week. In the past several hours, the bulls have prevented a further fall, pushing the price to the current $3,720 (per CoinGecko’s data).
ETH Price, Source: CoinGeckoDespite ETH’s

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Bitcoin (BTC) Price Surge on the Horizon? This Vital Metric Suggests So

11 days ago

TL;DR
After a correction below $94,500, BTC rebounded to almost $99,000, with certain indicators signaling a further push to the north.
Some analysts see BTC’s next targets ranging from $101,000 to $275,000, supported by bullish technical patterns and market sentiment.

New BTC Rally Incoming?
The primary cryptocurrency became the talk of the town at the start of the month when its price finally conquered the $100,000 psychological level. On December 5, it rallied to a new all-time high of over $103,500, triggering huge enthusiasm across the crypto community. In the following days, BTC passed through enhanced volatility, dancing around the $100K mark. 
BTC Price, Source: CoinGeckoThe beginning of this week, though, offered a severe correction that suppressed the valuation

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Shiba Inu’s Shibarium Reaches a New Milestone: Details

13 days ago

TL;DR
Shibarium has processed over 500M transactions and introduced key upgrades to boost the Shiba Inu ecosystem.
Analysts suggest Shibarium’s progress could be one of the factors sparking a SHIB rally.

Shibarium Keeps Progressing
Shiba Inu’s layer-2 scaling solution officially launched in August last year. Since then, it has achieved numerous milestones. As CryptoPotato reported in November, the total number of transactions processed on the protocol has surpassed 500 million. 
According to the latest data, the number of wallet addresses also reached a psychological level, crossing 2 million. Total blocks are on the way of tapping an impressive peak, too, currently standing at approximately 8.3 million.
Shibarium’s ultimate goal is to foster the development of the Shiba

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Key Ripple Metrics Head North: Is the XRP Price Ready for Another Rally?

25 days ago

TL;DR
XRP surged to $1.44 with increased network activity signaling growing interest and potential for further gains.
Analysts predict targets of $2 soon and over $4 by Christmas, driven by bullish momentum.

XRP’s Resurgence
Ripple’s native token has been flying high recently, with its price jumping to a three-year high of $1.60 on November 23. In the following days, it headed south alongside the broader market correction, but the past 24 hours have been more than successful.
Currently, XRP trades at around $1.44, representing a 10% daily increase. Its market capitalization is well above $80 billion, positioning the asset as the sixth-largest in the entire sector.
XRP Price, Source: CoinGeckoThe revival coincides with some important XRP-related metrics that have been on

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Is Cryptoqueen Ruja Ignatova Alive and Hiding in South Africa? (Report)

29 days ago

One of the most popular individuals in the crypto world (and not for good reasons), Ruja Ignatova, also known as the “Cryptoqueen,” is the founder of the fraudulent scheme OneCoin, which embezzled over $4 billion from victims.
Ignatova is considered the mastermind of the scam, but her whereabouts have remained unknown since she was last spotted in Greece in 2017. Many conspiracy theories indicate that she might be dead or hiding on a luxurious yacht in the Mediterranean Sea. The latest investigation suggested that she could have found shelter in Cape Town, South Africa.
The Search Goes on
Ignatova is wanted by multiple law enforcement agencies for her main role in the crypto scam called OneCoin. For instance, the US Federal Bureau of Investigation (FBI) has placed her on

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Top Ripple (XRP) Price Predictions as of Late

November 20, 2024

TL;DR
XRP surged by double digits in the past week, with analysts predicting additional gains of up to $8.
Rumors of SEC Chair Gary Gensler’s replacement with a new pro-crypto leader could aid Ripple’s legal issues, driving XRP’s growth further.

The Potential Journey to a New ATH
Ripple’s XRP was unable to join the massive bull run of the cryptocurrency market following Donald Trump’s win in the US presidential elections. However, in the past week, it followed suit and even outperformed all of the top 20 digital assets. As of the time of this writing, it trades at $1.13 (per CoinGecko’s data), representing a 67% increase on a seven-day scale.
XRP Price, Source: CoinGeckoThe resurgence fueled huge enthusiasm across the XRP community, while multiple analysts predicted

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Important Binance Announcement Affecting Certain XRP, ADA, and DOGE Traders: Details

November 15, 2024

TL;DR
Binance launched a special promotion on specific JPY trading pairs, potentially aiming to attract Japanese traders and boost activity.
This move coincided with a substantial surge in the assets’ prices.

Benefits to These Traders
The world’s biggest crypto exchange launched a zero-fee trading promotion for all users on the ADA/JPY, DOGE/JPY, and XRP/JPY spot trading pairs. The promotion period will run from today (November 15) to November 27.
“The trading volume on ADA/JPY, DOGE/JPY, and XRP/JPY spot trading pairs will be excluded from the VIP tier volume calculation and all Liquidity Provider programs during the Promotion Period, where applicable,” the company explained.
JPY is the symbol of the Japanese national currency (the yen), and Binance’s effort could be

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4 Reasons Why Bitcoin’s (BTC) Price Might See a Short-Term Correction

November 13, 2024

TL;DR
Certain on-chain metrics suggest overbought conditions, flashing the sell signal on BTC.
The Fear and Greed Index is currently in the “Extreme Greed” zone, which could indicate a local top and a subsequent price decline.

The Bearish Signals
Bitcoin (BTC) has been the talk of the town recently. It entered a massive bull run mode since Donald Trump’s win in the US presidential elections last week, with its price reaching a record high of $92,000 on November 13. However, some important factors suggest that it could pull back from these heights.
BTC Price, Source: CoinGeckoThe first element we will focus on is BTC’s Relative Strength Index (RSI). The technical analysis tool measures the speed and change of price movements, varying from 0 to 100.
Readings above 70 show

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XRP at $2 Before 24’s End or the Bears Will Retake Control? (Ripple Price Predictions)

November 12, 2024

TL;DR
XRP saw strong gains in the last 24 hours, with analysts suggesting it could follow Dogecoin’s recent rally toward higher targets.
The SEC lawsuit adds uncertainty to the asset’s performance, but Trump’s win has raised hopes for drastic changes at the regulator.

XRP to Cope DOGE’s Rally?
Many leading cryptocurrencies charted fresh daily gains today (November 12), and this time, Ripple’s XRP is among the best performers. Its price is up 9% on a 24-hour scale, briefly surging to an eight-month high of $0.67 and currently trading at approximately $0.64 (per CoinGecko’s data).
XRP Price, Source: CoinGeckoAccording to numerous market observers, XRP is poised to experience a major bull run soon, similar to other altcoins that have taken center stage lately.
The X user

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This Trending Meme Coin Enters Crypto’s Top 100 Club Following Support From Coinbase

November 7, 2024

TL;DR
One particular meme coin experienced a substantial price boost after Coinbase listed perpetual contracts with the asset.
Its surge contrasts the downtrend observed with some leading memes such as DOGE and SHIB today (November 7).

Pumping Again
The dog-themed meme coin Neiro (NEIRO) saw its price soaring by over 20% in the past 24 hours, reaching a three-week peak of around $0.002. Its market capitalization exceeded $900 million, thus positioning the asset as the 96th-biggest in the entire sector and the ninth-largest in its niche.
NEIRO Price, Source: CoinGeckoThe most probable reason triggering the rally is Coinbase’s decision to allow trading services with the asset. Specifically, the US-based crypto exchange launched NEIRO perpetual contracts.

Our NEIRO-PERP

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This Viral Streamer Lost $700K Worth of BTC Betting on Kamala Harris to Win

November 6, 2024

TL;DR
Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president.
Trump’s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K.

Betting on the Wrong Horse?
The US presidential elections are undoubtedly among this year’s hottest topics. The latest results show that the 47th president of the country will be Republican Donald Trump, who secured vital victories in swing states like Pennsylvania, Georgia, and North Carolina. 
His win led to a massive resurgence of the cryptocurrency market. Therefore, it was cheered by numerous proponents of the asset class and investors. 
However, it is not beneficial to everyone. The popular Canadian online streamer Félix Lengyel, better known as xQc,

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Here’s When the Ripple (XRP) Price Can Say ‘Goodbye’ to $1 for Good (Analyst)

November 6, 2024

TL;DR
XRP lagged behind other assets despite a market rally tied to Trump’s win. However, some analysts remain hopeful for a breakout if it clears key price levels.
Ripple’s CEO Brad Garlinghouse welcomed the Trump victory, calling for changes like replacing SEC Chair Gensler and clarifying Ethereum’s regulatory status.

XRP is Late for the Party… Again
The cryptocurrency market has been on a tear in the past several hours, caused by Donald Trump’s triumph in the US presidential elections. The Republican has presented himself as the right choice for those in favor of the asset class, promising to let bitcoin thrive and hinting at establishing a national BTC reserve. 
Earlier today, the price of the primary cryptocurrency tapped a new all-time high of over $75K, while

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These Altcoins Explode by Over 70% Following Listings on Binance: Details

November 6, 2024

TL;DR
Binance added two new cryptocurrencies to its platform, causing a substantial price rally for the affected ones.
However, those were listed with seed tags, meaning users should be increasingly cautious when entering the ecosystem.

The Price Boost
Binance announced the listing of the altcoins Cow Protocol (COW) and Cetus Protocol (CETUS). The newly introduced trading pairs include COW/USDT and CETUS/USDT, and clients can now start depositing. Withdrawals will be available from November 7. 
Trading Bots & Spot Copy Trading services will be enabled on the same day. “For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings,” the company clarified.
It is

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Major Shiba Inu (SHIB) Warning: Team Sounds the Alarm

November 5, 2024

TL;DR
Community members are advised to follow official sources and avoid interactions with anyone claiming access to exclusive tokens or rewards.
Fake groups and impersonators on Telegram are targeting users, so the team urges caution with linking wallets or sharing personal info.

Another Alert
Shiba Inu’s solid community (comprised of investors, proponents, and developers) is often targeted by bad actors who try to con victims and drain their funds.
Earlier this week, Shibarium Trustwatch (an X account that aims to provide security) warned users that the SHIB-related meme coins SHI and TREAT are not live yet. This means people should not interact with dubious individuals who claim the opposite and offer tempting opportunities. 
The team advised users to follow the

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Top Ripple (XRP) Price Predictions as of Late

November 4, 2024

TL;DR
Analysts foresee a potential XRP rally, envisioning a surge to $0.90 if the asset clears crucial resistance points, despite recent underperformance.
The US presidential election results could fuel enhanced volatility for the entire crypto market and Ripple’s native token particularly.

‘Bearish Outlook or a Strong Bullish Trend?’
Despite its slight resurgence in the past 24 hours, Ripple’s XRP remains one of the poorest performers (from crypto’s top 10 list) on a monthly scale. It currently trades at around $0.51 (per CoinGecko’s data), representing a 4% decline for that period.
XRP Price, Source: CoinGeckoNumerous market observers, though, believe an XRP bull run is incoming. One of those is the X user EGRAG CRYPTO who claimed the asset’s price chart has been

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This Meme Coin Pumps 15% Following Support From Binance: Details

November 4, 2024

TL;DR
Binance’s support for certain tokens drives price surges, as seen with recent additions.
Delistings from the platform often lead to significant drops for affected tokens.

The Binance Effect
Most leading cryptocurrencies have recorded little to no price volatility in the past 24 hours, seemingly preparing for action after the final results of the US presidential elections (set for November 5).
However, some assets still charted substantial gains amid the overall consolidation. One example is the Solana-based meme coin Ponke (PONKE). 
Its price soared by over 15% minutes after Binance launched PONKE/USDT perpetual contracts. The offering allows up to 75x leverage and enables clients to employ other assets (such as bitcoin) as margin.
PONKE Price, Source:

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Bitcoin (BTC) Price to Hit New ATH as Long as It Stays Above This Resistance Zone (Analyst)

October 31, 2024

TL;DR
Analysts share optimistic BTC price predictions. One trader thinks a parabolic increase of $300K is possible sometime next year.
The US presidential election on November 5 may drive BTC volatility due to candidates’ contrasting crypto policies.

New Peak Under This Condition
Bitcoin’s price has been one of the hottest topics in the crypto space in the past few days. It pumped to as high as $73,600 (just $150 away from tapping a new all-time high) on October 29 before slightly retreating to its current $72,200 (per CoinGecko’s data).
BTC Price, Source: CoinGeckoSomewhat expectedly, the impressive performance caught the eye of numerous industry participants, many of whom predicted that a fresh peak might be just around the corner. One of those who chipped in is the

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Ripple’s Larsen Explains Why He Donated $10M Worth of XRP to Harris’ Presidential Campaign

October 30, 2024

TL;DR
Ripple co-founder Chris Larsen endorsed Kamala Harris, citing her pro-innovation stance and connections to the Bay Area tech scene.
The US presidential candidate recently voiced support for a crypto regulatory framework aimed at protecting vulnerable groups but has yet to provide specific policy details.

‘Excited About Harris’ Economic Message’
The US presidential elections are less than a week away (scheduled for November 5), with Republican Donald Trump facing Democrat Kamala Harris. According to many industry participants, the former is the better choice for pro-crypto voters, considering his favorable stance toward the sector (shown over the past several months).
Trump also promised to fire the US SEC’s Chairman, Gary Gensler, if emerging victorious. The agency

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Bitcoin Price Predictions: This Important Metric Suggests Incoming ATH for BTC (Analyst)

October 28, 2024

TL;DR
Analysts anticipate a strong BTC rally, driven by bullish market signals and potential accumulation by large entities.
On the other hand, high profitability among holders may suggest a short-term price correction.

BTC Explosive Rally Incoming?
The leading digital asset traded sideways over the past weekend, ranging from $66,500 to $67,500. However, the start of the new week offered a new resurgence, with BTC soaring well above $68,500.
BTC Price, Source: CoinGeckoMultiple analysts spotted the price increase, envisioning a much more exponential pump in the near future. The popular X user Mikybull Crypto claimed that BTC experienced a “golden cross” several hours ago. The trader noted that such a development was witnessed exactly one year ago and was followed by a

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Barcelona and Real Madrid Legends Accused of Endorsing a €3 Billion Crypto Ponzi (Report)

October 26, 2024

The cryptocurrency sector comprises various legitimate projects and innovations but is also rife with fraudulent schemes.
One such scam reportedly pocketed billions of euros from its unsuspecting clients after using popular football players as backers.
Painful Losses Following the Footballers’ Involvement
El Diario – a Spanish digital newspaper known for its investigative journalism – recently claimed that a dubious cryptocurrency project, called Omegapro, embezzled a whopping €3 billion from hundreds of its clients. The media company described the entity as a typical pyramid scheme that promised enormous returns in just 14 months after investing and used numerous football stars as promoters.
The names include icons like Kaká, Luis Figo, Iker Casillas, Roberto Carlos,

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The Ripple v. SEC Case Resembles Moby Dick: The Company’s CLO Explains Why

October 21, 2024

TL;DR
The SEC continued the legal battle with Ripple by filing an official appeal on a specific summary judgment.
The company’s CLO likened the regulator’s desire to prevail in the case to the tragic end of Captain Ahab from the novel Moby Dick.

What Does the SEC Hope for?
The legal tussle between Ripple and the US Securities and Exchange Commission (SEC) seems nowhere near its end following the latest move by the agency. Recall that it officially appealed a 2023 verdict of Judge Analisa Torres, which determined that the firm’s XRP sales to retail investors on crypto exchanges did not violate US securities laws.
This means that the case will enter a new phase comprised of filings and a briefing process, with its official end most likely delayed for another few years.

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3 Bullish Signs for the Shiba Inu (SHIB) Price to Watch

October 21, 2024

TL;DR
Shibarium-related metrics have headed north lately, while SHIB’s burn rate exploded by triple digits on a 24-hour scale.
However, the recent shift from self-custody methods toward exchanges could be interpreted as a bearish factor for the meme coin’s price.

Good News for SHIB Bulls?
The second-largest meme coin has performed quite well in the past month, registering a 30% price increase. Despite being slightly in the red today (October 21), some important factors suggest that the rally could continue in the short term.
SHIB Price, Source: CoinGeckoOne of those bullish signals is the resurgence of Shiba Inu’s layer-2 scaling solution – Shibarium. Daily transactions on the network have exploded to 324,000 and 242,000 in the past two days. Such high figures were last

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Meme Coin Madness: This Trader Turned $96 Into Over $3 Million in 1 Year

October 20, 2024

TL;DR
A trader turned a $96 meme coin investment into a paper profit exceeding $3 million.
However, investors should pay attention when jumping on the bandwagon due to the infamous volatility of memes, which could lead to devastating losses.

What a Trade…
Meme coins are an exciting part of the cryptocurrency world and have become quite trending during the latest bull cycle. They pop out quite frequently, with some witnessing astonishing price increases in a short period of time. As such, memes have caught the eye of savvy traders who are always on the lookout for quick fortunes.
The blockchain analytics platform Lookonchain revealed the case of one such person who purchased over 600,000 TRUMP tokens in August last year. The asset (linked to presidential candidate Donald

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