Tag Archives: Crypto Bits

Altcoin analyst Altcoin Gordon told over 400,000 X followers Friday that his year-end target for Ethereum is $11,250. That would be a 3.4X increase compared to current prices. Bitcoin has received plenty of attention from the media since October between the SEC approval of Bitcoin ETFs in January and the upcoming fourth Bitcoin halving in April. Ethereum supply dropping. Ethereum demand increasing. Do you understand? pic.twitter.com/txH5g9Eq4w — Gordon (@AltcoinGordon)...

Crypto analyst Dark Defender has recently conducted an in-depth XRP price analysis and believes the asset could hit an ATH of $18.  The trader used several indicators and chart patterns to gauge XRP’s next price target, concluding with three potential ones. One of those patterns is the ABC Correction, which, in trading, can help traders signal temporary reversals or pullbacks in an asset’s price within a broader trend.  Hi all. We recently checked the #XRP daily frame &...

TL;DR Solana-based meme coins such as Bonk Inu, dogwifhat, and Myro have gained popularity, with their ability to outperform Dogecoin depending on technological advances, community growth, and market acceptance. Their success is closely tied to SOL’s performance, which has recently rallied substantially. What are the Odds? Solana-based meme coins, such as Bonk Inu (BONK), dogwifhat (WIF), and Myro (MYRO), have taken center stage as of late, charting explosive gains and...

TL;DR Analysts predict a short-term increase in XRP’s value, with some viewing the current moment as a “buy-the-dip” opportunity. Long-term forecasts are highly optimistic, reaching up to $594 by 2050, despite ongoing trends and the historical size of the cryptocurrency market. The Most Recent XRP Predictions Ripple’s XRP might have underperformed in the past month, but multiple analysts remain confident its price would thrive in the short term. According to the X (Twitter)...

TL;DR Shiba Inu’s burn rate spiked drastically, significantly reducing its circulating supply. The development aligns with SHIB’s recent price increase amid a general upswing in the cryptocurrency market. The popular meme coin Shiba Inu witnessed a burn rate spike of 1,400% for the past 24 hours, resulting in more than 60 million tokens being removed from circulation. Since the beginning of the year, the number of destroyed assets has surpassed the 9 billion mark. Shiba Inu...

TL;DR Dogwifhat (WIF) has rapidly increased in value in the past several weeks. Its potential to reach $1 depends on numerous factors like favorable market conditions. Short-term predictions suggest a 2024 price range of $0.33 to $0.76, while long-term expectations see it possibly exceeding $2.50 by 2030. Is There a Chance? Despite emerging less than two months ago, the Solana-based meme coin dogwifhat (WIF) managed to get a significant amount of attention. Its price spiked...

TL;DR Analysts predict a potential rally for Ripple’s XRP, with forecasts ranging from $1.40 to over $10. Dark Defender suggests the coin is already on a bullish trend, with predictions of reaching up to $22.50 in the coming months. Crossing the $1 Mark This Year? Despite being on a downfall in the past few months, many analysts remain optimistic about the future of Ripple’s XRP. EGRAG CRYPTO – an X (Twitter) user who regularly presents forecasts – recently suggested that...

TL;DR Some important elements indicate a potential upswing for Shiba Inu in the short term. Developments in SHIB’s layer-2 blockchain solution and a resurgence of the meme coin sector could support this rally. Is it Time for a SHIB Rally? Shiba Inu (SHIB), similar to many other cryptocurrencies, has underperformed in the past several days, with its price plunging by 3% on a two-week scale (per CoinGecko’s data). However, some essential metrics and factors hint that the...

TL;DR Speculation about a spot XRP ETF has risen following the approval of Bitcoin ETFs in the US, but the ongoing Ripple/SEC lawsuit poses a significant obstacle. One expert suggests that the launch of the product might be more likely after 2024, pending clearer regulatory guidance. Are There Any Chances? The historic approval of several spot Bitcoin ETFs in the United States has given the XRP army (a term referring to the enthusiastic community of XRP investors and...

TL;DR The SEC is seeking Ripple’s financial records for evidence in their legal case. The company has previously secured favorable court rulings, including a decision on the nature of some of its XRP sales. The United States Securities and Exchange Commission (SEC) filed a new motion compelling Ripple to hand over essential documents such as the company’s financial statements for 2022 and 2023 and its post-complaint XRP sales contracts. The regulator argued that those records...