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Here’s Why Solana Price at $162 is “Cheap,” SOL Could Hit $1,000 $SOL 🧧🧧 Solana (SOL), a Layer 1 blockchain, has shown varied price movements through the second half of 2024. After an early surge, the cryptocurrency encountered strong resistance near the $200 level, leading to a period of price fluctuation. Recently, SOL’s price appears to be consolidating as analysts hint at a potential breakout. With market experts considering the asset “cheap,” some believe that Solana’s current momentum could set the stage for a significant upward trend, suggesting promising opportunities ahead. The price of SOL is around $162, but it remains significantly below its all-time high of $260.06, which was reached on November 7, 2021. This marks a 37% drop from its peak, suggesting potential for significant upside. With the prospect of a new bull run on the horizon, many experts believe Solana price prediction could revisit its previous highs and potentially surge to even higher levels. Assuming a Trump victory and a stable economic environment, My guess Bitcoin (BTC) to trade between $100,000 and $200,000. Ethereum (ETH) could reach a range of $4,000 to $6,000, while Solana (SOL) might hit between $500 and $1,000. The Whale activity in the Solana market has seen a noticeable shift recently. A substantial portion of stablecoins, valued above $5 million, is now concentrated in whale holdings. This trend coincides with volatility in Solana’s price, suggesting potential market influences. Increased whale holdings may indicate strategic positioning in anticipation of market movements, heightening interest in Solana’s upcoming price trajectory. #priceanalysis #CryptoAMA
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Bitcoin and Ethereum ETFs Are Attracting Great Interest $BTC $ETH $XRP 🧧🧧🧧 Since January, Bitcoin Exchange Traded Fund (ETF) has received net inflows of almost $900 million. Institutional investors' interest in crypto assets continues to increase rapidly. Ethereum (ETH) based ETFs are similarly followed with interest, and these trends give positive signals for the future of the market. These developments in the cryptocurrency ETF market have led other ETF providers to quickly enter the race to offer new products. Canary recently applied for an ETF for Solana (SOL) Coin, while 21Shares applied for an ETF for Ripple's XRP Coin. Ripple has been fighting the US Securities and Exchange Commission (SEC) for years and has achieved a partial victory in the litigation process. The process is progressing very positively because the opinion that XRP is not a security is not appealed according to the statements of Ripple officials. Using the advantage of applying early, 21Shares wants to take advantage of this opportunity if it is approved and take a strategic position in the market. Ripple also plans to continue to strengthen its network through agreements with financial institutions and corporate companies. The functions of XRP, which is XRP's Blockchain network, are also being increased in this process. #ETFNewsUpdate
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🚨 Whale Alert & Price Analysis Dogecoin Price Is ‘Super Bullish’ As Whales Pour An Extra $149M Into DOGE 🐳 🚀 $DOGE 🧧🧧🧧 Dogecoin price looks incredibly bullish as large investors, known as “whales”, have poured an additional $149 million into the meme coin in the last 24 hours. This massive capital influx signals strong confidence among influential market players, boosting optimism about DOGE price recovery. DOGE price increased by 6.9% in the last 24 hours to trade at $0.1764 as of 00:48 a.m. EST. This includes an incredulous 27.8% weekly gain and a 50.9% bi-weekly uptick. Although Bitcoin has played a huge part in the current rally, the upcoming U.S. election is also likely a contributor to the rise of Dogecoin. Data from ITB shows that large investors are betting more on Dogecoin, which is surging higher. Over the last 24 hours, large holder inflow has surged to 861 million DOGE from 3.08 million, signaling whales’ increased confidence in the crypto asset. DOGE price has surpassed the past resistance (1) well and now faces the second resistance (2). This level has been tested once before but still presents a significant hurdle. If Dogecoin breaks above this resistance, the next major barrier is around $0.22, which coincides with the yearly high and marks a 29% increase from the current price. Bears can invalidate the current bullish thesis by pushing the price of DOGE below $0.142 (Resistance 1). This would show market weakness and result in a cascade effect of panic selling, pushing the price further lower to $0.105 support. The crypto-charged U.S. elections are coming up in five days, and the crypto markets, especially Dogecoin, should expect high volatility. #WhalesBuying #whalealert #Priceanalysis
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Fetch AI Completes Network Upgrade , Can FET Price Reach $13? $FET 🧧🧧 Fetch ai has successfully completed its network upgrade under Proposal 33, marking a pivotal moment for the decentralized AI-focused platform. The upgrade seamlessly integrates the Fetch ai mainnet with the CUDOS network, merging all CUDOS tokens and staked assets according to predefined token ratios and a three-month vesting schedule. The integration of the CUDOS mainnet into Fetch ai brings new interoperability and functionality to the Fetch.ai ecosystem. By merging with CUDOS, Fetch.ai has broadened its decentralized computing capabilities, allowing for more efficient and scalable AI and blockchain-based applications. Fetch.ai is also making strides in cross-chain interoperability through a recent partnership with Injective, a decentralized finance (DeFi) protocol. This collaboration allows Fetch.ai to replace its Inter-Blockchain Communication (IBC) protocol light client with Injective’s technology, enabling more efficient cross-chain asset transfers between the Fetch.ai and Injective networks. The recent formation of a “Cup and Handle” pattern, a bullish continuation indicator. If FET breaks out from this pattern with high volume, a significant price rise could follow. The Relative Strength Index (RSI) for FET remains within a neutral range, around 44.68, suggesting that the asset has room for upward movement without being overbought. #Fetch_ai #Cudos #analysis
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Looking to diversify your crypto portfolio? 🧧🧧🧧 $TON $SOL $DOGE Consider these 4 XRP rivals that could turn your $1 into $1000 in 2024: Solana (SOL), Dogecoin (DOGE), Toncoin (TON), and Cardano (ADA). With their rapid growth and promising technology, these coins are worth a closer look. #ANALYSIS #AltcoinStars #2024Trends
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