Tag Archives: Crypto Bits

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...

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...

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...

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...

Dogecoin appears to be ready to move higher, but the key resistance is still holding. Below is an analysis of a few technical indicators that might provide some insights into why DOGE’s price is up today. Key Support levels: $0.13 Key Resistance levels: $0.21, $0.31 1. Pressure Building Up Sellers appear to be defiant and are still holding the price under the key resistance at 21 cents. However, the pressure is building up under this key level, and it could soon break as...

Dogecoin (DOGE), the first meme coin in the crypto industry, made a huge comeback last week when it crossed the $0.22 mark —a price not seen since November 2021. Data from CoinGecko shows that DOGE’s price has increased 22.3% weekly, and its trading volume has increased more than 50% to 3.17 billion. DOGE is currently trading at $0.20. Its market capitalization remains past $30 billion, well above Cardano (ADA), making it the 8th largest cryptocurrency. Is DOGE Set For...

The hype for Solana meme coins is not cooling down soon after dogwifhat (WIF) hit a milestone on Friday. Meanwhile, another animal-themed token is exploding in price. A new contender in the meme coin sector is catching traders’ attention —”cats in a dogs world” (MEW). Per data from CoinGecko, MEW rallied over 120% on Friday, reaching $513 million in market capitalization in just 48 hours of trading. The weekend saw even more gains, as MEW went as high as $0.008, and its...

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...

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:...

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...