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3 Coins to Watch in May: $DOGE , $PEPE & $GFOX
Memecoins like Doge, PEPE and $GFOX top investors’ radar in the altcoin landscape.
Utility memecoins like $GFOX aim to build on the foundation created by Dogecoin to transform this sector.
$GFOX is adding features like utility, burning, NFTs and much more to boost value for community members.
Memecoins continue to grow in stature in the crypto landscape. It is a long way from the humble beginnings of Dogecoin as a Bitcoin parody. Now, investors are looking at coins like $DOGE , $PEPE , and $GFOX as top cryptocurrencies with long-term upside potential.
The crypto market has had an impressive start to the year overall, despite the recent pull-back. New entrants like $GFOX play a significant part in this upside, especially after a strong presale that raised over $6 million. This show of force is indicative of investor appreciation of the multiple angles such as P2E gaming, NFT collectibles and staking rewards that the new project offers. It is already among the best cryptocurrencies to buy in a competitive market.
#BTC #CryptoWatchMay2024 #altcoins $DOGE $PEPE #Write2Earn
Memecoins like Doge, PEPE and $GFOX top investors’ radar in the altcoin landscape.
Utility memecoins like $GFOX aim to build on the foundation created by Dogecoin to transform this sector.
$GFOX is adding features like utility, burning, NFTs and much more to boost value for community members.
Memecoins continue to grow in stature in the crypto landscape. It is a long way from the humble beginnings of Dogecoin as a Bitcoin parody. Now, investors are looking at coins like $DOGE , $PEPE , and $GFOX as top cryptocurrencies with long-term upside potential.
The crypto market has had an impressive start to the year overall, despite the recent pull-back. New entrants like $GFOX play a significant part in this upside, especially after a strong presale that raised over $6 million. This show of force is indicative of investor appreciation of the multiple angles such as P2E gaming, NFT collectibles and staking rewards that the new project offers. It is already among the best cryptocurrencies to buy in a competitive market.
#BTC #CryptoWatchMay2024 #altcoins $DOGE $PEPE #Write2Earn
3. A Cat in a Dogs World (MEW
Cat in a Dogs World (MEW), is a new player among meme coins on Solana. While its price of $0.003772 may seem modest, its 113.45% gain since it was recently launched, signals its potential for growth. With a market cap of $335.28 million and a trading volume of $56.66 million, MEW is carving out its own niche in the meme coin ecosystem.
MEW, the cat-themed token, stands out in a dog-dominated market, showcasing the strategic nature of cats. Its tokenomics include burning 90% of liquidity pool tokens to stabilize prices and targeted airdrops to the Solana community for engagement. This approach integrates value, community, and scarcity into MEW’s DNA.
#Memecoins #writetoearn #BTC #CryptoWatchMay2024
Cat in a Dogs World (MEW), is a new player among meme coins on Solana. While its price of $0.003772 may seem modest, its 113.45% gain since it was recently launched, signals its potential for growth. With a market cap of $335.28 million and a trading volume of $56.66 million, MEW is carving out its own niche in the meme coin ecosystem.
MEW, the cat-themed token, stands out in a dog-dominated market, showcasing the strategic nature of cats. Its tokenomics include burning 90% of liquidity pool tokens to stabilize prices and targeted airdrops to the Solana community for engagement. This approach integrates value, community, and scarcity into MEW’s DNA.
#Memecoins #writetoearn #BTC #CryptoWatchMay2024
2. Dogwifhat (WIF)
Dogwifhat, or WIF for short, is another meme coin on Solana that’s been fetching attention. Despite its recent 8.08% dip in the last week, its gain of 139.98% since it was launched on November 20, 2023 is nothing to bark at. Priced at $2.76, Dogwifhat boasts a market cap of $2.75 billion, taking 39th position among cryptocurrencies, according to CoinMarketcap. Its trading volume of $453.42 million indicates a healthy level of interest from investors.
Although most meme coins do not offer returns to investors, Dogwifhat has stood out by entering the market at the right time, building a dedicated community over the years, and capitalizing on the popularity of internet memes.
The transformation from a funny internet trend to a major player in the cryptocurrency market showcases the unexpected and intriguing blend of online culture and financial advancement – demonstrating that in the modern era, even lightheartedness can lead to significant achievements.
$WIF #altcoins #BTC #CryptoWatchMay2024 #Memeoins #writetoearn
Dogwifhat, or WIF for short, is another meme coin on Solana that’s been fetching attention. Despite its recent 8.08% dip in the last week, its gain of 139.98% since it was launched on November 20, 2023 is nothing to bark at. Priced at $2.76, Dogwifhat boasts a market cap of $2.75 billion, taking 39th position among cryptocurrencies, according to CoinMarketcap. Its trading volume of $453.42 million indicates a healthy level of interest from investors.
Although most meme coins do not offer returns to investors, Dogwifhat has stood out by entering the market at the right time, building a dedicated community over the years, and capitalizing on the popularity of internet memes.
The transformation from a funny internet trend to a major player in the cryptocurrency market showcases the unexpected and intriguing blend of online culture and financial advancement – demonstrating that in the modern era, even lightheartedness can lead to significant achievements.
$WIF #altcoins #BTC #CryptoWatchMay2024 #Memeoins #writetoearn
1. BONK
BONK, the first dog-themed coin on Solana dubbed “for the people, by the people” has caught the attention of investors. With a 13.7% increases in its value over the past day, the token has recorded 4003.61% gains in the past year. Trading at just $0.00002564 might seem insignificant, but its market cap of $1.67 billion places it firmly in the spotlight. The volume speaks volumes too, with $507.29 million in trading over the last 24 hours.
What exactly is BONK? Beyond the numbers, BONK represents a community-driven experiment in decentralized finance. The main goal of the team is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The developers aimed to establish a comprehensive community coin for all Solana-based dApps, offering every user an opportunity to engage in the ecosystem with fairness.
With its presence on the Solana blockchain, BONK benefits from the network’s speed and scalability, offering users a seamless experience#BTC #BONK🔥🔥 $BONK #CryptoWatchMay2024 #Memeoins #Write2Earn
BONK, the first dog-themed coin on Solana dubbed “for the people, by the people” has caught the attention of investors. With a 13.7% increases in its value over the past day, the token has recorded 4003.61% gains in the past year. Trading at just $0.00002564 might seem insignificant, but its market cap of $1.67 billion places it firmly in the spotlight. The volume speaks volumes too, with $507.29 million in trading over the last 24 hours.
What exactly is BONK? Beyond the numbers, BONK represents a community-driven experiment in decentralized finance. The main goal of the team is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The developers aimed to establish a comprehensive community coin for all Solana-based dApps, offering every user an opportunity to engage in the ecosystem with fairness.
With its presence on the Solana blockchain, BONK benefits from the network’s speed and scalability, offering users a seamless experience#BTC #BONK🔥🔥 $BONK #CryptoWatchMay2024 #Memeoins #Write2Earn
3 Solana Meme Coins with 10X Gains Potentials in May 2024
Delve into Solana meme coin frenzy: BONK, Dogwifhat, and MEW's promising 10X gains in May await exploration
Meme coins have established a unique niche for themselves. Frequently stemming from online humor or popular trends within a specific group, these assets can occasionally shock individuals with their enormous profits. As May begins, three meme coins on the Solana blockchain show high potential gains that may surprise experienced investors. Let’s explore the world of BONK, Dogwifhat, and MEW.
#Memeoins #BTC #CryptoWatchMay2024 #BullorBear $SOL $BONK
Delve into Solana meme coin frenzy: BONK, Dogwifhat, and MEW's promising 10X gains in May await exploration
Meme coins have established a unique niche for themselves. Frequently stemming from online humor or popular trends within a specific group, these assets can occasionally shock individuals with their enormous profits. As May begins, three meme coins on the Solana blockchain show high potential gains that may surprise experienced investors. Let’s explore the world of BONK, Dogwifhat, and MEW.
#Memeoins #BTC #CryptoWatchMay2024 #BullorBear $SOL $BONK
Top 3 meme coins Dogecoin, Shiba Inu and Bonk: Recovery likely if Bitcoin freefall ends
Dogecoin is likely poised to recover after sweeping liquidity at $0.1201.
Shiba Inu could observe a 17% decline before recovery in the meme coin.
Bonk holders gear up for nearly 28% gains in uptrend.
Meme coins Dogecoin (DOGE), Shiba Inu (SHIB) and Bonk (BONK) look primed for recovery, according to technical indicators, despite the broader crypto market correction prompted by the sharp drop in Bitcoin (BTC) price.
BTC price has plunged around 11% since April 30. If Bitcoin’s decline grinds to a halt, assets in other crypto sectors including meme coins – which are considered more speculative than most digital assets – could reverse their recent downtrend.
Dogecoin poised for recovery
Dogecoin is currently in a downtrend, forming lower lows and lower highs since March 28 top of $0.2288. The meme coin’s daily chart shows a fair value gap (FVG) extending between $0.13959 and $0.13395. DOGE price could tackle this imbalance and fill the gap before correcting further.
The Relative Strength Index (RSI), a momentum oscillator, is at its lowest since October at 33.04. DOGE’s RSI is likely headed to the oversold zone below 30, and an attempt to recover from the drop into this area could generate a buy signal for Dogecoin.
Sidelined traders could enter a trade in the Shiba-Inu-themed meme coin below the FVG and close to the May 1 low of $0.1201, the February 29 low of $0.1113 and the February 28 low of $0.0947.
Shiba Inu could sweep $0.000018 lows before recovery
Shiba Inu is currently exchanging hands at $0.00002210, closer to the midpoint of the Donchian Channel. This volatility indicator helps analysts identify trends in an asset, and also determine optimal points for entry and exit.
There are two entry points for Shiba Inu traders at $0.00002210 and $0.00002057, the first and second entry, with a target of the upper boundary of the channel, or the 20-day high in SHIB price,
#writetoearn #BTC #bitcoin #SHİB #BONK🔥🔥 $BONK $SHIB $DOGE
Dogecoin is likely poised to recover after sweeping liquidity at $0.1201.
Shiba Inu could observe a 17% decline before recovery in the meme coin.
Bonk holders gear up for nearly 28% gains in uptrend.
Meme coins Dogecoin (DOGE), Shiba Inu (SHIB) and Bonk (BONK) look primed for recovery, according to technical indicators, despite the broader crypto market correction prompted by the sharp drop in Bitcoin (BTC) price.
BTC price has plunged around 11% since April 30. If Bitcoin’s decline grinds to a halt, assets in other crypto sectors including meme coins – which are considered more speculative than most digital assets – could reverse their recent downtrend.
Dogecoin poised for recovery
Dogecoin is currently in a downtrend, forming lower lows and lower highs since March 28 top of $0.2288. The meme coin’s daily chart shows a fair value gap (FVG) extending between $0.13959 and $0.13395. DOGE price could tackle this imbalance and fill the gap before correcting further.
The Relative Strength Index (RSI), a momentum oscillator, is at its lowest since October at 33.04. DOGE’s RSI is likely headed to the oversold zone below 30, and an attempt to recover from the drop into this area could generate a buy signal for Dogecoin.
Sidelined traders could enter a trade in the Shiba-Inu-themed meme coin below the FVG and close to the May 1 low of $0.1201, the February 29 low of $0.1113 and the February 28 low of $0.0947.
Shiba Inu could sweep $0.000018 lows before recovery
Shiba Inu is currently exchanging hands at $0.00002210, closer to the midpoint of the Donchian Channel. This volatility indicator helps analysts identify trends in an asset, and also determine optimal points for entry and exit.
There are two entry points for Shiba Inu traders at $0.00002210 and $0.00002057, the first and second entry, with a target of the upper boundary of the channel, or the 20-day high in SHIB price,
#writetoearn #BTC #bitcoin #SHİB #BONK🔥🔥 $BONK $SHIB $DOGE
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Here are possible returns Shiba Inu investors could rake in for committing $1,000 if SHIB reaches lofty price targets such as $0.0007, $0.007, and $0.02.
With Shiba Inu closely following the broader market’s direction, market analysts have continued to project ambitious price targets for when the bull run resumes. As these projections suggest, SHIB currently trades at a discount, and investor interest remains high.
Returns on $1,000 if Shiba Inu Hits $0.0007, $0.007 and $0.02
If an investor commits $1,000 to Shiba Inu at the current price of $0.00002483, the person will procure 40,273,862 (40.27 million) tokens. Interestingly, if SHIB clinches the $0.0007 price, these 40.27 million SHIB would skyrocket to a worth of $28,191, marking an impressive return of over $27K.
Meanwhile, for investors seeking more substantial returns, the $0.007 target could satiate their hunger. Notably, at the $0.007 price, the 40.27 million Shiba Inu would be valued at $281,917, presenting profits of up to $280,917 and a massive ROI of 28,091%.
The $0.02 target is one of the most audacious price projections for Shiba Inu in recent times. Remarkably, $1 invested in SHIB at current prices would reach $805 at $0.02, demonstrating how substantial this target is. Similarly, $1,000 in SHIB now would rise to $805,477 if the $0.02 price materializes.
Consequently, these market participants speculate their returns if SHIB claims some of these targets after committing certain amounts to Shiba Inu investments. This article evaluates these returns for prices such as $0.0007, $0.007, and $0.02
#SHİB #Memeoins #Write2Earrn #BinanceSafetyNet $SHIB #CryptoWatchMay2024
With Shiba Inu closely following the broader market’s direction, market analysts have continued to project ambitious price targets for when the bull run resumes. As these projections suggest, SHIB currently trades at a discount, and investor interest remains high.
Returns on $1,000 if Shiba Inu Hits $0.0007, $0.007 and $0.02
If an investor commits $1,000 to Shiba Inu at the current price of $0.00002483, the person will procure 40,273,862 (40.27 million) tokens. Interestingly, if SHIB clinches the $0.0007 price, these 40.27 million SHIB would skyrocket to a worth of $28,191, marking an impressive return of over $27K.
Meanwhile, for investors seeking more substantial returns, the $0.007 target could satiate their hunger. Notably, at the $0.007 price, the 40.27 million Shiba Inu would be valued at $281,917, presenting profits of up to $280,917 and a massive ROI of 28,091%.
The $0.02 target is one of the most audacious price projections for Shiba Inu in recent times. Remarkably, $1 invested in SHIB at current prices would reach $805 at $0.02, demonstrating how substantial this target is. Similarly, $1,000 in SHIB now would rise to $805,477 if the $0.02 price materializes.
Consequently, these market participants speculate their returns if SHIB claims some of these targets after committing certain amounts to Shiba Inu investments. This article evaluates these returns for prices such as $0.0007, $0.007, and $0.02
#SHİB #Memeoins #Write2Earrn #BinanceSafetyNet $SHIB #CryptoWatchMay2024
5 Best Altcoins to Buy Now: Top Alt Coins in the Crypto Market to purchase in 2024
Top 5 Best Crypto Altcoins to Buy Now
ButtChain (BUTT): ButtChain blends fun with innovative features
Core (CORE): Combines Bitcoin’s consensus mechanisms
Aerodrome Finance (AERO): A decentralized exchange built on the Base blockchain
Artrade (ATR): First eco-responsible NFT platform
Neo (NEO): Dubbed the “Ethereum of China
$NEO #writetoearn #bitcoin #BTC #Write2Earn
Top 5 Best Crypto Altcoins to Buy Now
ButtChain (BUTT): ButtChain blends fun with innovative features
Core (CORE): Combines Bitcoin’s consensus mechanisms
Aerodrome Finance (AERO): A decentralized exchange built on the Base blockchain
Artrade (ATR): First eco-responsible NFT platform
Neo (NEO): Dubbed the “Ethereum of China
$NEO #writetoearn #bitcoin #BTC #Write2Earn
#SHİB $The Solana-based meme coin, Dogwifhat has caught the eyes of the investors, as the WIF price witnessed a slight recovery after witnessing a sharp decline recently. Moreover, the Dogwifhat price surged over $41 on the Bybit app shortly after the spot listing.
Meanwhile, the price of the meme coin has rebounded following a major listing announcement from a prominent crypto exchange, which seems to have sparked optimism among investors. So, let’s explore the key listing details and the recent price performance of the WIF price.
Price Regains Momentum Amid Major Listing Announcement
The meme coin sector has gained notable traction lately, attracting attention from market participants globally. Notably, the surge in interest towards the segment is evidenced by the rally in meme coin prices like WIF, MEW, BOME, and others.
Meanwhile, the surge in the prices of these cryptos suggests that the investors are diversifying their focus on other meme coins as well apart from the major cryptos like Dogecoin, Shiba Inu, and others. Amid this, a recent major listing announcement of WIF has sparked optimism among investors, especially during the recent selloff in the broader crypto market.
Bybit, a prominent crypto exchange, has revealed plans to introduce the meme coin Dogwifhat (WIF) on its platform. According to the announcement, Bybit will list WIF on its Spot trading platform, and the deposit options commenced on April 29, at 8 AM UTC.
Meanwhile, Bybit said that it is listing the meme coin as it meets the liquidity requirements of the platform, and the withdrawals will start a day after on April 30, at 10 AM UTC. In addition, the announcement notes that the users can avail of the deposit and withdrawal options through the Solana network. #learntoearn #Memecoins $WIF #bitcoin #BullorBear
Meanwhile, the price of the meme coin has rebounded following a major listing announcement from a prominent crypto exchange, which seems to have sparked optimism among investors. So, let’s explore the key listing details and the recent price performance of the WIF price.
Price Regains Momentum Amid Major Listing Announcement
The meme coin sector has gained notable traction lately, attracting attention from market participants globally. Notably, the surge in interest towards the segment is evidenced by the rally in meme coin prices like WIF, MEW, BOME, and others.
Meanwhile, the surge in the prices of these cryptos suggests that the investors are diversifying their focus on other meme coins as well apart from the major cryptos like Dogecoin, Shiba Inu, and others. Amid this, a recent major listing announcement of WIF has sparked optimism among investors, especially during the recent selloff in the broader crypto market.
Bybit, a prominent crypto exchange, has revealed plans to introduce the meme coin Dogwifhat (WIF) on its platform. According to the announcement, Bybit will list WIF on its Spot trading platform, and the deposit options commenced on April 29, at 8 AM UTC.
Meanwhile, Bybit said that it is listing the meme coin as it meets the liquidity requirements of the platform, and the withdrawals will start a day after on April 30, at 10 AM UTC. In addition, the announcement notes that the users can avail of the deposit and withdrawal options through the Solana network. #learntoearn #Memecoins $WIF #bitcoin #BullorBear
Will PEPE Overtake SHIBA INU in 2024?
Discover the market dynamics and strategic innovations shaping the meme coin landscape as Pepe (PEPE) challenges Shiba Inu (SHIB) in 2024.
Unexpected developments are common in the cryptocurrency space, and the crypto community is curious about whether Pepe Coin (PEPE) will exceed Shiba Inu (SHIB) in 2024. PEPE has shown a growth of over 1000% this year, leading to predictions that it may overtake Dogecoin and Shiba Inu as the top meme coin in terms of market value. This daring forecast comes from crypto analyst and trader Murad, who suggests that Pepe Coin could surpass SHIB and potentially Dogecoin (DOGE), pointing to PEPE’s devoted community and always timely memes as crucial elements. Murad’s viewpoint resonated with the crypto community, initiating conversations and debates on the potential future of meme coins. Coingape investigates this, exploring the potential outcome.#Memecoins__ #BinanceLaunchpool #BullorBear #bitcoin $PEPE $SHIB #Write2Earn
Discover the market dynamics and strategic innovations shaping the meme coin landscape as Pepe (PEPE) challenges Shiba Inu (SHIB) in 2024.
Unexpected developments are common in the cryptocurrency space, and the crypto community is curious about whether Pepe Coin (PEPE) will exceed Shiba Inu (SHIB) in 2024. PEPE has shown a growth of over 1000% this year, leading to predictions that it may overtake Dogecoin and Shiba Inu as the top meme coin in terms of market value. This daring forecast comes from crypto analyst and trader Murad, who suggests that Pepe Coin could surpass SHIB and potentially Dogecoin (DOGE), pointing to PEPE’s devoted community and always timely memes as crucial elements. Murad’s viewpoint resonated with the crypto community, initiating conversations and debates on the potential future of meme coins. Coingape investigates this, exploring the potential outcome.#Memecoins__ #BinanceLaunchpool #BullorBear #bitcoin $PEPE $SHIB #Write2Earn
SHIB
Lucie, a Shiba Inu content specialist, has reiterated her confidence in the price prediction projecting SHIB to secure a value of $0.01 someday.
Notably, Shiba Inu has been one of the biggest beneficiaries of the latest market uptrend. The asset stalled from Q4 2023 when the pre-bull run phase began but eventually recorded an impressive run from late February to March 5.
Confidence in Shiba Inu Hitting $0.01
This price rally, which pushed Shiba Inu above the $0.000045 high, rekindled optimism among market participants. As a result, predictions of more substantial growth re-emerged, with the $0.01 price target taking center stage.
#SHİB #fomc #Fed #newlistings $SHIB $REZ #writetoearn $BTC
Lucie, a Shiba Inu content specialist, has reiterated her confidence in the price prediction projecting SHIB to secure a value of $0.01 someday.
Notably, Shiba Inu has been one of the biggest beneficiaries of the latest market uptrend. The asset stalled from Q4 2023 when the pre-bull run phase began but eventually recorded an impressive run from late February to March 5.
Confidence in Shiba Inu Hitting $0.01
This price rally, which pushed Shiba Inu above the $0.000045 high, rekindled optimism among market participants. As a result, predictions of more substantial growth re-emerged, with the $0.01 price target taking center stage.
#SHİB #fomc #Fed #newlistings $SHIB $REZ #writetoearn $BTC
Shiba Inu (SHIB) has been among the best-performing crypto assets for the last four years. Since its launch in August 2020, to reaching its all-time high of $0.00008616 in October 2021, SHIB’s price rallied by many million percent. Many early investors made millions of dollars in profit if not billions. However, the asset has more or less struggled since its 2021 high. SHIB is currently down by 72.5% from its all-time high.
#Write2Earn #SHİB #Memecoins $SHIB #BitcoinETFs #BTC
#Write2Earn #SHİB #Memecoins $SHIB #BitcoinETFs #BTC
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Cardano (ADA) Might Be Worth Keeping Eye on, Here's Reason
Cardano (ADA), the 10th largest cryptocurrency by market capitalization, might be worth keeping an eye on, with a metric suggesting that it might be significantly undervalued.
A key indicator pointing to ADA's undervaluation is the "percentage of supply in profit" metric. The percentage of supply in profit is calculated by comparing the acquisition price of each unit of crypto against its current price and then evaluating what ratio of supply is currently in profit.
When an asset has a high supply-to-profit ratio, it usually indicates that the majority of holders purchased the asset at lower prices. These ratios can skyrocket during bull markets, for instance, from October 2023 to March 2024, and a surge is frequently correlated with overbought indicators. However, the supply-in-profit percentage indicator is best used with other metrics, such as whale accumulation and MVRV.
On-chain analytics firm Santiment, in a recent tweet, shared the supply-in-profit percentages for major cryptocurrencies Bitcoin, Ethereum, XRP, Cardano, Dogecoin and Chainlink as 89.9%, 84%, 77%, 51.9%, 76.7% and 78.2%, respectively.
🤑 The percentage of supply in profit is calculated by comparing the acquisition price of each unit of #crypto against its current price, followed by determining what ratio of the supply is currently in profit.Typically, when an asset is seeing a high ratio of supply in profit,… pic.twitter.com/oRzTABgznh
— Santiment (@santimentfeed) April 26, 2024
Santiment recommends keeping an eye on cryptocurrencies with lower-end supply in profits, as they can often indicate undervaluation compared to the rest of the markets. This might apply to Cardano, which is demonstrating a lower supply in percentage compared to other major cryptocurrencies.
card
The supply-in-profit percentage presented suggests that 51.9% of circulating ADA is "in profit." This could indicate an impending price comeback for Cardano.
At the time of writing, Cardano was down 3% in the last 24 hours to $0.453 and down 6.52% in the last seven days. Cardano is also well off its all-time high, down 85.38% from the ATH of $3.10 attained Sept. 2, 2021.
Recent analysis from on-chain analytics firm IntoTheBlock indicates that ADA "stands out" among other Layer 1 networks, with only 35% of holders in profit. Whether this is an opportunity or a warning sign remains unknown.
A key indicator pointing to ADA's undervaluation is the "percentage of supply in profit" metric. The percentage of supply in profit is calculated by comparing the acquisition price of each unit of crypto against its current price and then evaluating what ratio of supply is currently in profit.
When an asset has a high supply-to-profit ratio, it usually indicates that the majority of holders purchased the asset at lower prices. These ratios can skyrocket during bull markets, for instance, from October 2023 to March 2024, and a surge is frequently correlated with overbought indicators. However, the supply-in-profit percentage indicator is best used with other metrics, such as whale accumulation and MVRV.
On-chain analytics firm Santiment, in a recent tweet, shared the supply-in-profit percentages for major cryptocurrencies Bitcoin, Ethereum, XRP, Cardano, Dogecoin and Chainlink as 89.9%, 84%, 77%, 51.9%, 76.7% and 78.2%, respectively.
🤑 The percentage of supply in profit is calculated by comparing the acquisition price of each unit of #crypto against its current price, followed by determining what ratio of the supply is currently in profit.Typically, when an asset is seeing a high ratio of supply in profit,… pic.twitter.com/oRzTABgznh
— Santiment (@santimentfeed) April 26, 2024
Santiment recommends keeping an eye on cryptocurrencies with lower-end supply in profits, as they can often indicate undervaluation compared to the rest of the markets. This might apply to Cardano, which is demonstrating a lower supply in percentage compared to other major cryptocurrencies.
card
The supply-in-profit percentage presented suggests that 51.9% of circulating ADA is "in profit." This could indicate an impending price comeback for Cardano.
At the time of writing, Cardano was down 3% in the last 24 hours to $0.453 and down 6.52% in the last seven days. Cardano is also well off its all-time high, down 85.38% from the ATH of $3.10 attained Sept. 2, 2021.
Recent analysis from on-chain analytics firm IntoTheBlock indicates that ADA "stands out" among other Layer 1 networks, with only 35% of holders in profit. Whether this is an opportunity or a warning sign remains unknown.
f##Fed #Megadrop #writetoearn
3 Best Bet Altcoins to Turn $1 to $100 in May
news-image
Best Bet Low Cap Altcoins For $100% Profit In The Coming Week!
As we approach mid-2024, significant bullish catalysts such as the launch of Bitcoin Spot ETFs and the Bitcoin Halving have occurred. After such moves, Bitcoin and altcoins are now
Struggling to find such coins? Worry not. Coinpedia brings you the Top 3 best bet altcoins to turn $1 into $100 in May 2024. So read our entire analysis below to find out more.
CoinFLEX (FLEX)
FLEX, the native token of the CoinFLEX exchange, is renowned for its physical settlement of futures exchanges. It reports a robust daily trading volume typically between $200 million and $400 million USD.
With a market capitalization of approximately $177.7 million, FLEX positions itself at #305 in the crypto market.
The price performance of FLEX reveals its all-time high at $8.16. Since then, the immense downfall significantly crashed market value by 77.98% to the current price of $1.80. Despite this decline, FLEX has shown some recent recovery, gaining 54.23% over the past week.
Looking ahead, there is immense underlying potential for FLEX, with market analysts and enthusiasts eyeing a possible 10x growth in the upcoming month of May 2024. This anticipated surge is fueled by strategic developments and potential market catalysts within the CoinFLEX ecosystem.
Also Check Out : Top 5 Altcoins to Stack in May for 10x Profits
TRIBE (TRIBE)
TRIBE is the governance token for the FEI algorithmic stablecoin, that innovates the stablecoin market with a decentralized solution. Different from the existing stablecoins that incorporate either fiat-collateralized or crypto-collateralized, Fei presents a novel approach. With a $244.7 million market cap, TRIBE ranks at #244 in the crypto market.
#coincap #Write2Earn $ETH $SHIB $BTC
3 Best Bet Altcoins to Turn $1 to $100 in May
news-image
Best Bet Low Cap Altcoins For $100% Profit In The Coming Week!
As we approach mid-2024, significant bullish catalysts such as the launch of Bitcoin Spot ETFs and the Bitcoin Halving have occurred. After such moves, Bitcoin and altcoins are now
Struggling to find such coins? Worry not. Coinpedia brings you the Top 3 best bet altcoins to turn $1 into $100 in May 2024. So read our entire analysis below to find out more.
CoinFLEX (FLEX)
FLEX, the native token of the CoinFLEX exchange, is renowned for its physical settlement of futures exchanges. It reports a robust daily trading volume typically between $200 million and $400 million USD.
With a market capitalization of approximately $177.7 million, FLEX positions itself at #305 in the crypto market.
The price performance of FLEX reveals its all-time high at $8.16. Since then, the immense downfall significantly crashed market value by 77.98% to the current price of $1.80. Despite this decline, FLEX has shown some recent recovery, gaining 54.23% over the past week.
Looking ahead, there is immense underlying potential for FLEX, with market analysts and enthusiasts eyeing a possible 10x growth in the upcoming month of May 2024. This anticipated surge is fueled by strategic developments and potential market catalysts within the CoinFLEX ecosystem.
Also Check Out : Top 5 Altcoins to Stack in May for 10x Profits
TRIBE (TRIBE)
TRIBE is the governance token for the FEI algorithmic stablecoin, that innovates the stablecoin market with a decentralized solution. Different from the existing stablecoins that incorporate either fiat-collateralized or crypto-collateralized, Fei presents a novel approach. With a $244.7 million market cap, TRIBE ranks at #244 in the crypto market.
#coincap #Write2Earn $ETH $SHIB $BTC
Here is What Shiba Inu Price Will be if It Reaches $100B Market Cap
DATE:
APRIL 30, 2024
freestar
Shiba Inu’s price could skyrocket to the $0.000169 territory if SHIB clinches a market capitalization of $100 billion at its current circulating supply.
The cryptocurrency market has expanded this year owing to the price surges recorded in the first quarter. Last month, the global crypto market cap reached a two-year high of $2.76 trillion, with Shiba Inu contributing to the massive uptrend.
SHIB’s market cap spiked to a high of $21.16 billion on March 5, when the Shiba Inu price reached a yearly peak above $0.000045. At this price and market cap, Shiba Inu eventually overtook Avalanche (AVAX) to secure a spot among the top 10 cryptocurrencies by market cap#SHİB #Write2Earn #Memeoins #CryptoSafetyMatters #Fed
DATE:
APRIL 30, 2024
freestar
Shiba Inu’s price could skyrocket to the $0.000169 territory if SHIB clinches a market capitalization of $100 billion at its current circulating supply.
The cryptocurrency market has expanded this year owing to the price surges recorded in the first quarter. Last month, the global crypto market cap reached a two-year high of $2.76 trillion, with Shiba Inu contributing to the massive uptrend.
SHIB’s market cap spiked to a high of $21.16 billion on March 5, when the Shiba Inu price reached a yearly peak above $0.000045. At this price and market cap, Shiba Inu eventually overtook Avalanche (AVAX) to secure a spot among the top 10 cryptocurrencies by market cap#SHİB #Write2Earn #Memeoins #CryptoSafetyMatters #Fed
#Write2Earn #HKETF #NFP #Memecoins #BTC $DOGE
ALTCOINS DOGECOIN SHIBA INU
2 minute read
Top 3 Meme Coins For 10X Gains To Include In Your Portfolio
Vignesh Karunanidhi
Vignesh Karunanidhi
April 27, 2024
Top 3 Meme Coins For 10X Gains To Include In Your Portfolio
Meme coins have emerged as a popular choice among investors seeking potentially high returns. While these tokens often start as lighthearted projects, some have managed to gain significant traction and build strong communities around them.
In this article, we will explore the top three meme coins that have the potential to deliver 10X gains and could be worthy additions to your portfolio: Dogwifhat (WIF), Shiba Inu (SHIB), and Dogecoin (DOGE).
ALTCOINS DOGECOIN SHIBA INU
2 minute read
Top 3 Meme Coins For 10X Gains To Include In Your Portfolio
Vignesh Karunanidhi
Vignesh Karunanidhi
April 27, 2024
Top 3 Meme Coins For 10X Gains To Include In Your Portfolio
Meme coins have emerged as a popular choice among investors seeking potentially high returns. While these tokens often start as lighthearted projects, some have managed to gain significant traction and build strong communities around them.
In this article, we will explore the top three meme coins that have the potential to deliver 10X gains and could be worthy additions to your portfolio: Dogwifhat (WIF), Shiba Inu (SHIB), and Dogecoin (DOGE).
#write2earnonbinancesquare #wriWhat is Slothana?
The new meme coin combines the words “Sloth” and “Solana”, and aims to attract SLERF holders, a viral Sloth-themed token that despite its initial launch issues, has found success and holds a market cap of just under $200 million today.
The Slothana presale has been been in high demand, raising over $15 million. It uses a simplified presale model that has appealed to investors. By sending SOL tokens from their crypto wallets, users can reserve SLOTH tokens at a rate of 10,000 SLOTH per SOL invested.
They then receive their tokens via airdrop after the presale concludes on April 29. All that remains is to check their decentralized wallet – Phantom, Solflare, Trust, Coinbase Wallet etc. – and import the token to view it.
This straightforward approach has resonated with the community, making it easier for investors to participate in the presale and airdrop.#Megadrop #Write2Earns
The new meme coin combines the words “Sloth” and “Solana”, and aims to attract SLERF holders, a viral Sloth-themed token that despite its initial launch issues, has found success and holds a market cap of just under $200 million today.
The Slothana presale has been been in high demand, raising over $15 million. It uses a simplified presale model that has appealed to investors. By sending SOL tokens from their crypto wallets, users can reserve SLOTH tokens at a rate of 10,000 SLOTH per SOL invested.
They then receive their tokens via airdrop after the presale concludes on April 29. All that remains is to check their decentralized wallet – Phantom, Solflare, Trust, Coinbase Wallet etc. – and import the token to view it.
This straightforward approach has resonated with the community, making it easier for investors to participate in the presale and airdrop.#Megadrop #Write2Earns
LIVEbeliever19_
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Slothana (SLOTH), a Solana-based meme coin, has raised over $15 million in its presale phase, and is set to airdrop tokens over the Solana blockchain on Monday, April 29.
The Slothana.com countdown timer now displays just over 20 hours until launch.#Megadrop #solanaarticle #Write2Earn #Fed
The Slothana.com countdown timer now displays just over 20 hours until launch.#Megadrop #solanaarticle #Write2Earn #Fed
