Avalanche (AVAX) Kicks Dogecoin (DOGE) Out of Top 10

Avalanche (AVAX) has made a splash in the crypto top 10, edging out the popular meme coin Dogecoin (DOGE)

Avalanche (AVAX) has leapfrogged Dogecoin (DOGE) to clinch a spot in the top 10 by market capitalization. As of the latest data, AVAX has been trading at a buoyant $41.24, marking an 18% uptick in the last 24 hours alone.

This rally represents an impressive 85.8% over the month. However, it's worth noting that AVAX is still trailing 71.56% behind its all-time high.

Dogecoin's journey from a lighthearted meme to a serious player in the crypto space has been nothing short of extraordinary.  Bursting into the top 10 in 2021, this "joke" currency peaked at around $0.68, driven by a blend of celebrity tweets and a dedicated community. 

It is worth noting that DOGE also entered the top 5 back in 2016 when the whimsical and novel meme cryptocurrency was valued at only $31 million.    Today, even after slipping from the top tier, DOGE maintains its charm, trading at $0.096815 with a market cap of a whopping $13.8 billion. 

Dogecoin and Shiba Inu (SHIB) are still both in the top 20, according to the latest CoinGecko ranking.   Ranking 18th currently, SHIB is priced at $0.00000972 and has shown an 8.4% growth over the past week. 
#AVAX #avalanche #Priceanalysis #priceprediction #CryptoScoop
$AVAX

Best crypto advice that you learned in 2023?

There is something I really overlooked in 2021. That is using Stablecoins to gain yield and mitigate volatility. In some ways I was lucky to ignore stablecoins because I doged the Luna debacle. But I could have sold some more coins at the top of the market, made interest and bought in the bear market.

There are a variety of trusted Stablecoins like:

▪︎USDT
▪︎USDC
▪︎BUSD
▪︎DAI

For a variety of reasons people need to swap between these different stablecoins. One way to gain yield is to offer liquidity for these swaps. Unlike other pairings this has almost zero impermanent loss while still gaining interest.

I found a Dapp called Grizzly that makes the process very easy. It automatically stakes your earnings in the liquidity pool so you get the most yield possible. You can get rewarded purely in Stablecoins or you can also accept a portion of their token ($GHNY) as a reward. Let me know what you think!

Want to learn more about crypto? Follow me for more.
#CryptoAdvice #cryptoinvestment #CryptoInvesting💰📈📊 #cryptoinvestment #CryptoScoop
$USDC $XRP $SOL

What Really Causes The Rise And Fall Of Cryptocurrencies Prices. (In Simple Terms)

🚀 Every Successful Trader Knows This 🚀

Imagine a tug-of-war, but instead of teams, it's between people who want to buy crypto (because they think it'll be worth more later) and people who want to sell (because they think it'll drop).

When more people pull to buy, the price goes up. When more want to sell, it goes down. That's the main idea behind crypto prices!

Here are some things that can tip the tug-of-war in one direction or the other:

Pull to Buy:

▪︎Hype and excitement: If people suddenly get super interested in a new coin or think the whole crypto thing is gonna take off, everyone rushes to buy, pushing the price up.

▪︎Good news: Updates to a coin's technology, adoption by big companies, or positive headlines can make people more confident and willing to buy.

▪︎Limited supply: Some coins have a built-in limit on how many can exist. As more get mined or used, the remaining ones become more valuable, pulling the price up.

Pull to Sell:

▪︎Panic and fear: If a big hack, bad news, or a general negative outlook on crypto spreads, people panic and rush to sell, sending the price plummeting.

▪︎Competition: New, shiny coins can steal attention and buyers away from older ones, making their prices drop.

▪︎Macro forces: Things like changes in interest rates or the overall health of the economy can also affect how attractive crypto seems as an investment, influencing the tug-of-war.

Remember, crypto is still a wild west compared to traditional markets. Prices can move fast and unexpectedly, so always do your own research and only invest what you can afford to lose!

Hope this helps!
#TradingAdvice #CryptoTradingTip #TradingTactics #TradingMastery #CryptoScoop

🔺️2014- You missed $DOGE
🔺️2015 -You missed $XRP
🔺️2016 - You missed $ETH
🔺️2017- You missed $ADA
🔺️2018 - You missed $BNB
🔺️2019- You missed $LINK
🔺️2020 - You missed $DOT
🔺️2021 - You missed $SHIB
🔺️2022 - You missed $GMX
🔺️2023 - You missed $TAMA
🟢 In 2024, don't miss $____

If you're still interested in exploring potential investment opportunities, I would recommend researching projects in various sectors of the cryptocurrency industry, such as:

▪︎Decentralized Finance: Aave, Uniswap, MakerDAO

▪︎Metaverse: Decentraland, The Sandbox, Axie Infinity

▪︎Gaming: Axie Infinity, Gala Games, Sandbox

▪︎Scalability: Solana, Avalanche, Polygon

Ultimately, the best crypto investment for you in 2024 will depend on your individual goals, risk tolerance, and research. Good luck!
#priceprediction #Priceanalysis #InvestingAdventure #CryptoScoop

Investment of $100 in Shiba Inu Turns Into $37 Million in January 2024

In 2024, Shiba Inu (SHIB), the meme-inspired cryptocurrency that has garnered widespread attention in the crypto community, experienced unexpected developments. Despite not conforming to predictions of a bullish start, the early trading days of 2024 have proven highly lucrative for those who had faith in Shiba Inu’s potential from the outset. In an unforeseen twist, some initial SHIB investors have turned a modest $100 investment into staggering returns, with early adopters reaping profits surpassing a billion dollars.

Early Investments and Remarkable Returns

For those with the foresight to invest $100 in Shiba Inu every week since its all-time high in January 2021, their cumulative investment would total $15,700. Despite SHIB’s price consistently trending downward since its October 2021 peak, interrupted only by sporadic rallies, the $10,900 invested would now be valued at an astonishing $37,591,410.21 in January 2024. This exceptional surge represents an extraordinary increase of approximately 239,335.73%.

Can Shiba Inu Still Generate Millionaires?

SHIB’s price trajectory has seen a decline since its October 2021 highs. While other cryptocurrency projects experienced significant rallies in 2023, meme coins like Dogecoin (DOGE) and SHIB took a back seat. Nevertheless, the SHIB community remains resolute in its pursuit of the “one-cent dream.”

If Shiba Inu manages to achieve a price of $0.01, it would signify a growth of over 100,000%. Although this ambitious target presents challenges, it is not unprecedented for SHIB. From its launch in August 2020 to its all-time high in October 2021, SHIB’s price witnessed phenomenal growth, increasing by several million percent. The potential for 100,000% growth in the future continues to fuel the optimism of SHIB enthusiasts.
#ShibaPriceAnalysys #ShibaInvestment #ShibaBurns #ShibaSurge #CryptoScoop

Manta Token is coming to Binance tomorrow! Get ready to explore the world of decentralized finance with Manta Network. Here's a simple guide to buy Manta Token:

1. Fund Your Binance Account:
Top up your Binance account with your preferred currency using methods like bank transfers, cards, or other cryptocurrencies.

2. Visit the MANTA Trading Page:
On January 18th, 10:00 AM UTC, search for "MANTA" on Binance. Look for trading pairs like MANTA/BTC, MANTA/USDT, MANTA/BNB.

3. Place Your Order:
Choose your trading pair and decide on your strategy. Use a market order for the current price or a limit order for a specific one.

4. Secure Your MANTA Tokens:
After your order, find your MANTA tokens in your Binance wallet. Transfer them to your personal wallet for maximum security.

Bonus Tip: Don't wait! Early adopters often gain more. Remember, crypto investing is risky, so research and invest responsibly.

Join the Manta revolution! Learn more about Manta Network at https://manta.network/ #MANTA #Binancelisting #CryptoScoop

From $12 to $67k: How Bitcoin Halvings Can Make You Rich in 2024.

1st Halving (Nov 2012):

Before halving: $12
One year later: $1,000
Boom! Scarcity seems to be working!

2nd Halving (Jul 2016):

Before halving: $670
One year later: $2,550
Not as immediate, but still a sweet rise.

3rd Halving (May 2020):

Before halving: $9,734
One year later: $67,549
Now that's a sugar rush! Prices skyrocketed.

Imagine you have a limited edition chocolate bar. Everyone wants it, but there's only one. Now, imagine cutting that bar in half and sharing it between two people. That's kind of what happens with Bitcoin during a halving!

But instead of chocolate, we're talking about digital gold: Bitcoin. Every four years, the reward for mining Bitcoin gets cut in half. Suddenly, there's less new Bitcoin entering the market, making it potentially scarcer and, theoretically, more valuable.

So, how has this "digital chocolate-cutting" affected Bitcoin prices in the past? Let's take a bite of history:

While history may rhyme, it doesn't repeat. Predicting future prices is like trying to guess how many licks it takes to get to the center of a Tootsie Roll. Many factors influence Bitcoin, and halving alone isn't a guarantee of price hikes.

But the story doesn't end there! The next halving is estimated for March 2024. What will happen then? Will we see another price explosion, or a price deflation tantrum? Only time (and the complex world of cryptocurrency) will tell.
#BTCHALVING #btchalving2024 #BitcoinHistory #BTC #CryptoScoop

Massive 76 Billion Shiba Inu Burned in 2023. What will be the future of Shiba in 2024.

Despite what appears to be a slow year for the Shiba Inu burn campaign, stats confirm the community burned over 76 billion tokens in 2023.

At Shiba Inu’s current price of $0.00001032, these tokens amount to $788,479.

Data from a chart presented by Shibburn suggests that December welcomed the most burns of 2023. This was due to the massive burns from Shibarium amid the impressive growth in transactions and fees.

January and February saw some of the lowest monthly burns. The Crypto Basic reported a single notable 17 million burn in January.

Burns picked up in March as Koyo Token emerged. The community saw the burn of over 602 million on March 13, 2023, with Koyo Token accounting for 591 million.

Koyo burned another 794 million tokens on March 28 amid a total of 814 million burns. On March 20, 2023, the community confirmed that Koyo had indeed burned 4.63 billion tokens since it jumped on the campaign.

May also saw a massive uptick in Shiba Inu burns. Nine days into May 2023, several projects incinerated 5.6 billion SHIB, with Blaze Token accounting for a massive 3.7 billion tokens.

Blaze burned 2 billion tokens at once on May 2. The project burned another 3 billion on May 15, bringing its cumulative burns to 6.7 billion tokens in two weeks.

Marswap, a Shibarium-based decentralized exchange, contributed to this uptick in August, burning 463 million tokens on August 12 to bring its cumulative burns to 3 billion SHIB.

As Shibarium recorded a surge in daily transactions and fees, the first-ever Shibarium burn came up on Dec. 5, involving 8.2 billion tokens.

For context, the 76.4 billion SHIB burned last year represents only 0.13% of Shiba Inu’s circulating supply of 581 trillion. If this pace continues, the community would only be able to burn 5.81 trillion, or 1% of the circulating supply, in the next 76 years.
#SHIBburn #SHIB💥 #Shibburning #ShibaBurns #CryptoScoop

ALGO Price Exceeds $0.15, Teasing A Bull Run To $0.1717!

The altcoins market enters a high-speed recovery phase as Bitcoin surpasses the $40K mark, reflecting a greed-filled market. Capitalizing on the market boost, as the high demand enters Algorand’s dominion, ALGO price skyrockets to create multiple bullish candles. 

With a trend reversal evidently clear in the daily chart, the ALGO price sustains the bullish trend as it bounces from the 200D EMA. Further, the increasing trend in trading volumes supports the rise in Algorand’s price trend, adding credibility to the uptrend.

Forming four consecutive bullish candles, Algorand capitalizes on the market recovery and gives a range breakout. Rising more than 15% in the last four days, the bullish trend approaches the next resistance at $0.1717.

With the range breakout candle giving a solid closing, the high supply pressure ahead teases a retest to pushback. Further, the higher price rejection in the current daily candle teases a similar hypothesis. 

Currently, Algorand price trades at $0.1548 with an intraday growth of 2.31% following the 2.43% jump last night.  

With the high-speed recovery ready to extend the positive journey, the buyers are ready to prolong the $0.15 breakout rally. With higher high formations, the ALGO price shows the potential to cross $0.15. Therefore, the altcoin shows the potential to cross $0.1717 and attempt a bull run to $0.20. 

On the flip side, a reversal under $0.15 can retest the $0.1277 mark.
#ALGO #ALGORAND #priceprediction #Priceanalysis #CryptoScoop
$ALGO $LUNC $USTC

Will BONK Be the Next SHIB?

BONK is a new meme currency built on the Solana blockchain and took the cryptocurrency world by storm last year. It’s up nearly 910% in the last 365 days making early investors sit on heaps of profits. The new meme currency BONK nearly challenged the oldies in the cryptocurrency sphere Dogecoin and Shiba Inu. BONK almost stole Shiba Inu and Dogecoin’s thunder and tried to reach their pinnacle of fame.

So can BONK meme currency become the next Dogecoin or Shiba Inu? Can it have a sea of die-hard investors who will stick by through thick or thin? In this article, we will highlight whether the Solana-based meme currency BONK can become the next SHIB or not. We are not talking about the price here, this article explains the community attraction between BONK and SHIB.

The answer to the question is plain and simple: BONK cannot become the next Shiba Inu and overtake its fame. Shiba Inu is Shiba Inu, period. It commands a different type of fanfare in the cryptocurrency market where investors connect with it on a personal level. They believe SHIB’s success is their success, and the phenomenon echoes across the community.

The Shiba Inu community is built differently and BONK cannot come an inch closer to it. SHIB investors genuinely celebrate its success, which includes price rises, and product launches such as Shibarium, among others.

When it comes to thrashing the dog-themed token, the hate also comes genuinely from the heart. The SHIB community is open to calling a spade a spade and making the developers correct their mistakes.

Additionally, if investors want to make their voices heard, they will move heaven and earth to achieve it. Remember how they bombarded Robinhood with ‘Hey Robinhood, when SHIB?’ comments in 2021 and 2022? Robinhood was forced to listen to their voices and eventually list SHIB in April 2022. That to you is ‘peak Shiba Inu’ investor behavior which BONK can only dream of achieving.
#BONKCoinGrowth #SHIB💥 #BONK❓ #priceprediction #CryptoScoop

How do I grow $10 in Crypto Trading?

Growing $10 in forex trading can be challenging as forex trading involves a significant amount of risk. However, there are some steps you can take to try to grow your investment:

1. Learn about crypto trading: The first step in growing your investment in crypto trading is to learn about the market. Take time to study the market, learn about different crypto pairs, and understand the basics of trading.

2. Practice with a demo account: Before investing real money, practice trading with a demo account. This will help you get familiar with the trading platform, test different trading strategies, and gain experience without risking real money.

3. Develop a trading strategy: Develop a trading strategy that suits your investment goals and risk tolerance. There are various trading strategies to choose from, such as swing trading, scalping, and day trading. Pick a strategy that suits your investment goals and practice it with a demo account.

4. Start with a small investment: Start with a small investment, such as $10, and trade with caution. You can gradually increase your investment as you gain more experience and confidence.

5. Use stop-loss orders: A stop-loss order is an order to automatically close a trade if it reaches a certain level. This can help minimize losses if the market moves against your position.

6. Manage your risk: It is essential to manage your risk in crypto trading. Don't risk more than you can afford to lose, and be prepared to exit a losing trade.

7. Stay disciplined: Trading with discipline is key to success in crypto trading. Stick to your trading strategy, avoid emotional trading, and don't let greed or fear dictate your trading decisions.

Remember that there are no guarantees in crypto trading, and you should be prepared to accept losses as part of the trading process. With a disciplined approach and a sound trading strategy, you can increase your chances of growing your investment in forex trading.
#cryptocurreny #TradingTactics #TradingOpportunities #cryptotrading #CryptoScoop
$XRP $SOL $1000SATS

Millions of Bitcoin ETF Profits Might Flow Into SHIB

Bitcoin’s (BTC) spot ETF (Exchange Traded Fund) is currently the talk of town within the crypto realm. There is a high probability that the US SEC (Securities and Exchange Commission) will approve one or more spot BTC ETFs very soon. The latest developments around the ETF have led BTC’s price to surge to around $47k. Bitcoin’s (BTC) rally has also brought new life to other cryptocurrencies, such as Shiba Inu (SHIB).

The recent market correction led to Shiba Inu (SHIB) gaining a zero after its decimal, which it had lost in December. Regardless, anticipation of a spot BTC ETF has caused a market-wide rally. SHIB has rallied almost 5% in the last 24 hours. However, the popular memecoin is still down 11.1% in the weekly charts and over 7% since the previous month.

Bitcoin’s (BTC) price has surged by over 180% since January 2023, while Shiba Inu (SHIB) has gained only about 9% in the same time frame. However, if a spot BTC ETF is greenlit by the SEC within the next few days, we may see a surge in crypto prices.

Moreover, BTC usually has a trickle-down effect on the market. If a spot BTC ETF is approved, the original cryptocurrency will likely hit new highs. In this scenario, investors who book profits with Bitcoin (BTC) may pour their gains, which could be in the millions, into other projects, such as Shiba Inu (SHIB) and other popular altcoins. SHIB and the larger crypto market may indirectly enjoy the benefits of a spot BTC ETF as investors diversify their profits.

However, the US SEC is yet to announce its decision. According to Bloomberg analysts, there is a 95% chance that the SEC will approve one or more spot BTC ETFs very soon.
#ShibaPriceAnalysys #ShibaPricePrediction #etf #BitcoinETF #CryptoScoop

Sleepless AI x Binance (AI) Airdrop. Step-by-Step guide on how to claim 🤗🚀

Fellow Binancians, Binance is thrilled to unveil the 42nd innovative project on the Binance Launchpool - Sleepless AI (AI), a dynamic Web3 and AI-driven gaming platform.

This seven-day event allows users to stake $BNB , $FDUSD or $TUSD in specific pools, offering a chance to earn from a 70 million $AI token reward pool, which constitutes 7% of total supply.

Sleepless AI 

Sleepless AI is a groundbreaking gaming platform blending Web3 and AI, offering innovative companionship through its main attractions, HIM and HER. These games give players novel interaction with virtual partners, delivering a blend of personalization and emotional depth.

How To Join The Sleepless AI x Binance ($AI) Airdrop?

Launchpool Rewards - 70,000,000 $AI
Staking Terms - KYC required
Farming Deadline - 3rd January 2024 at 23:59 UTC

Step-by-Step Guide ''Sleepless AI - Binance Launchpool''

1. Sign up or Log in to your Binance account.

2. Stake $BNB ,$FDUSD or  $TUSD to start farming $AI.

User rewards will be updated each hour.

▪️ Binance will list Sleepless AI on January 4, 2024, at 10:00 UTC, applying the Seed Tag. Happy New Year!

Additional ICO information
Total Token Supply - 1,000,000,000 $AI
Blockchain Network - BNB Smart Chain
Binance Listing Date - 4th January 2024 at 10:00 UTC

Disclaimer: This content is for educational and informational purposes only and not financial advice. Conduct thorough research before making any investment decisions (DYOR).
#AirdropDetails #binanceairdrop #SleeplessAI #AirdropMadness #CryptoScoop

Dogecoin and Bitcoin Head to The Moon in Today’s Rocket Launch

The United Launch Alliance has launched its first Vulcan Centaur rocket earlier today. The rocket is carrying the Peregrine lunar lander, a part of NASA’s Commercial Lunar Payload Services plan. However, the lander is not the only cargo the Vulcan Centaur rocket carries. In its payload is a replica of a Dogecoin (DOGE) coin. The Dogecoin Foundation confirmed the development via a post on X.

At the same time, popular crypto exchange BitMex, with founder Arthur Hayes, had also expressed interest in sending a Bitcoin (BTC) replica on the same journey. Hayes called the mission “Bitcoin to the moon.”

The lunar mission will be a historic milestone for the space and cryptocurrency industries. The rocket took off earlier today with no problems during lift-off. Those who are interested can watch a video of the launch on YouTube.

Will Dogecoin and Bitcoin prices go to the moon as well?

A physical Dogecoin (DOGE) going to the moon represents fans wanting a similar outcome for the asset’s price. However, the popular memecoin is struggling to gain momentum. DOGE is currently down by 3.2% in the daily charts, over 13% in the weekly charts, and over 25% over the previous month.

Moreover, since January 2023, Dogecoin’s (DOGE) price has rallied by a mere 8.2%. On the other hand, BTC has surged by over 150% since January 2023.

However, this is not the only Dogecoin (DOGE) “to the moon” mission. Elon Musk’s SpaceX is funding the DOGE-1 satellite, developed by space technology firm Geometric Energy Corporation. The satellite will hit the skies on the SpaceX Falcon 9 rocket. However, many anticipate Musk’s DOGE satellite to give a more significant push to the asset’s price, given that the billionaire is one of the biggest DOGE supporters globally.
#DogecoinPrice #BitcoinPrice2024 #Priceanalysis #PriceProjections #CryptoScoop

Don't Panic, Bitcoin (BTC) Price Can't Fall Below This Level

Bitcoin (BTC) has been on a correction path for some days now, with no signs of stopping. The bearish engulfment of the market suggests that traders are still torn apart on whether or not to resume buying or to keep trading. At the time of writing, Bitcoin is changing hands for $41,523.41, down by 1.88% in the past 24 hours. For the week, the top asset has dropped by 0.53%, dropping as low as $40,234.58.

Despite the gloom on the market, the latest post from top analyst Ali Martinez suggests that there is no reason to panic yet. This is because, according to him, the price of BTC has found solid support between $37,150 and $38,360. At this level, a total of 1.52 million addresses bought 534,000 BTC and thus formed a solid wall that might shield the top coin.

Should the bulls decide to chart another bullish path for Bitcoin, Martinez also shared two major resistance walls to beware of. These are the points at $43,850 and $46,400. These levels, Martinez believes, are poised to keep the BTC uptrend at bay.

Despite the ongoing bearish trends, the price of Bitcoin still has the key fundamentals that drove it from a one-year low of $16,398.14 to a high price of $44,702. This ultimate trigger is the Bitcoin spot Exchange Traded Fund (ETF) sentiment. 

Investors in the U.S. are optimistic that the Securities and Exchange Commission (SEC) will soon greenlight this product after about 10 years since the first application was filed by the Winklevoss twins. With the next approval window coming in January, optimism is high, and investors are likely driving the price to a reasonable discount before a rush is experienced should the product eventually be approved by the regulator and trigger a massive buying storm.
#BTC #BinanceTournament #Priceanalysis #priceprediction #CryptoScoop
$BTC

Trader hits $2M jackpot after putting $62 into a Solana memecoin

On-chain data shows that about $528,000 has already been cashed out, while the remaining tokens worth about $1.5 million remain in the trader’s wallet.

A Solana trader who started with a balance of only 1.5 SOL hit the jackpot after putting one token on a dragon-themed memecoin on the Solana blockchain.

On Dec. 27, blockchain analytics platform Lookonchain flagged a lucky trade where a Solana holder got hold of around $2 million after buying a memecoin. While the trader only had 1.5 SOL at the start, the user caught wind of Silly Dragon (SILLY), a meme token showcasing a “silly dragon” as its mascot, on Dec. 5. 

Five minutes after the memecoin opened trading, the trader exchanged 1 SOL, worth around $62 at the time, for 43 million SILLY tokens. About 22 days later, the tokens were worth around $2 million as the price of SILLY surged to new highs, reaching a market capitalization of over $123 million. 

According to on-chain data, the trader has already withdrawn around $528,000 while leaving around $1.5 million worth of tokens in the wallet. 

While the trade seems impressive, various community members on social media suspected it was an insider trade. Some couldn’t believe anybody would execute the trade without inside information, while others were convinced it was the developer. 
#SolanaTrade #CryptoTradingTip #cryptonews #SolanaGems #CryptoScoop

How can I start trading crypto for profit?
Popular question on the Internet.

Think of how much you want to invest. Picture this amount, and imagine yourself in the future:

▪︎Will you feel comfortable losing your full investment - say $12,000?

▪︎Will you judge yourself severely because you decided to invest? Will you be able to sleep?

This is the very first steps in making money trading cryptocurrency. Answering these questions genuinely will determine if you're going to make Profit or Loss trading crypto.

Remember, don't put all your eggs in one basket and always remember to invest what you can lose.
#InvestWisely #TradingAdvice #CryptoAdvice #InvestingWisdom #CryptoScoop