Tag Archives: Crypto Bits

TL;DR Meme coins are in the spotlight due to market changes, and their success in 2024 is uncertain and influenced by various factors. Positive trends in the broader crypto market, including Bitcoin-related developments and social media hype, could impact meme coins’ performance. Newer meme coins like Bonk Inu and dogwifhat have seen growth, with their future potentially linked to the overall performance of Solana. Will Meme Coins Flourish This Year? Meme coins have been...

TL;DR Analysts remain optimistic about Cardano’s ADA, predicting serious gains throughout the ongoing year. Predictions include potential short-term targets of $1 and even higher values, influenced by upcoming market events like the Bitcoin halving. Is It Time for ADA to Shine? Cardano’s ADA has performed quite well in the last quarter of 2023, with some analysts envisioning an even greater rally throughout 2024. The host of the educational YouTube channel Coin Bureau is...

TL;DR Despite a recent price drop, analysts predict a significant rise in XRP’s value, with some forecasting record highs. Indicators like increased XRP transactions and wallet numbers suggest growing adoption. However, a bearish perspective exists, with predictions of a substantial price fall due to regulatory challenges. Will the XRP Army Cheer This Year? Despite recording impressive price spikes in 2023 and giving investors fresh hopes for a massive bull run, Ripple’s XRP...

TL;DR Shiba Inu’s burn rate has significantly increased, contributing to a reduction in SHIB’s circulating supply. The price of Shiba Inu has shown an uptrend, with a 5% increase on a weekly basis. The development of the layer-2 blockchain solution Shibarium is also worth observing. The Latest Burn The second-largest memecoin by market capitalization – Shiba Inu – witnessed a burn rate spike of approximately 400% in the past 24 hours. This resulted in over 16.5 million...

TL;DR Ripple’s XRP saw a significant price rally in 2023, and its future success depends on several factors, including technological advancements in cross-border payments. Legal developments, particularly Ripple’s ongoing lawsuit with the SEC, are critical in determining XRP’s future. The outcome could significantly impact investor confidence and the cryptocurrency market. Analysts and experts have varying predictions for XRP’s future price, with some laying out extremely...

TL;DR Binance has added 10 digital assets, including privacy coins like Monero (XMR) and Zcash (ZEC), to its closely monitored list, with potential risks of delisting based on various criteria. Other exchanges like OKX are also scrutinizing privacy coins, aligning with international regulatory trends concerning these types of cryptocurrencies. Binance to Pay Special Attention to These Cryptocurrencies The world’s largest cryptocurrency exchange – Binance – announced the...

TL;DR Shibarium, Shiba Inu’s layer-2 solution, has seen substantial growth in terms of transaction volume. The network’s advancement could boost SHIB’s price through increased community engagement and investor interest. Despite a slight recovery, SHIB’s overall value is down on a weekly basis. The popular memecoin Shiba Inu (SHIB) has once again made the headlines thanks to its layer-2 blockchain solution – Shibarium. According to Shibariumscan, total transactions on the...

TL;DR Cardano’s ADA experienced an 11% drop recently, but analysts like Captain Faibik see potential for a rally, predicting a rise towards $0.80 by the end of January. ADA’s on-chain trading volume has been on the rise, suggesting increased interest that could lead to a potential uptrend in its value. External factors, including the possibility of a US Bitcoin ETF approval and the upcoming Bitcoin halving, might positively influence ADA’s price, with some analysts...

TL;DR One of the biggest Indian cryptocurrency exchanges noted that Shiba Inu (SHIB) was highly traded on its platform last year, even surpassing Bitcoin and Polygon in February. Shiba Inu introduced Shibarium, a layer-2 blockchain solution, to enhance efficiency and scalability, achieving over 200 million transactions. Despite recent progress, SHIB’s price hasn’t seen substantial gains, with a 12% drop noted on January 3, though trends like negative SHIB exchange netflow...

TL;DR Shifts in Blockchain TVL: The year 2023 saw changes in the total value locked (TVL) rankings among various blockchain platforms, with significant fluctuations and new entries making an impact. Highlights in Blockchain Performance: Certain networks gained popularity and development recognition, outperforming rivals in aspects like Google searches, NFT sales, and on-chain trading volume. Cryptocurrency Value Fluctuations: There were notable increases in the prices of some...