Nearly 500 Solana tokens were issued in May by the project's developers.

According to analysts from The Block Pro portal, 455,000 tokens were launched on the Solana network last month by developers of various projects.

On the other hand, the BNB Chain issued 39,000 tokens, while the Base network issued 177,000. Ethereum, Arbitrum, and Optimist each had a total of fewer than twenty thousand assets.

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This week, Bitcoin (BTC), the leading cryptocurrency, has promising prospects, as confirmed, among other things, by calculations of AI and machine learning algorithms PricePredictions.

Bitcoin Price Forecast According to the AI tool, Bitcoin has a good chance of consolidating above the crucial $70,000 price mark in the next few days and maybe reaching $75,245.53 by June 30, 2024.

Our 30-day Bitcoin price prediction for the year 2024. According to PricePredictions

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The price of Toncoin (TON) is struggling to break through a key resistance level, but if Notcoin provides support, the situation could change drastically.

Toncoin (TON) can continue its upward trend if investors choose to keep prices rising rather than cash out.

According to the data, Monero (XMR) is trying to break out of its current range by circling close to its 50-day exponential moving average (EMA).

If this trend keeps up, Monero's price will go above $154 very soon.

Kaspa (KAS), an alternative cryptocurrency, is also following this pattern. There has been a consistent flow of capital into the asset market recently.

A new high of 68.37 for the cash flow index (MFI) KAS verifies a pick-up in purchasing activity. The current trend suggests that the price of Kaspa might go above $0.144 in the near future.

Decentraland (MANA), another alternative cryptocurrency, also has promising future prospects. Since April 8, 2024, the asset has been trading near the upper limit of the horizontal channel.

Price targets of $0.47 for MANA are within reach if bulls can maintain their positions for the next week.

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The expansion of JasmyCoin was restarted in early June of 2024. Rumors about the project's collaboration with tech behemoth Apple contributed to the cryptocurrency's positive dynamics.

A story that appeared in Reuters on May 30th was the catalyst. Adding My Number ID cards to iPhones has reportedly been approved by Apple CEO Tim Cook, according to the article. Prime Minister Fumio Kishida of Japan requested this move, and the corporation complied. To put your plans into action, Jasmy Corporation simply offers a service.

The JASMY token gained more than 40% in a week. The cryptocurrency, which goes by the name "Japanese Bitcoin," has the support of many in the crypto industry, who are optimistic about its future.

$JASMY

The acclaimed Web3 gaming project Notcoin has unlocked another achievement. In terms of daily trading volume, the NOT token came in fourth place, behind only Bitcoin (BTC), Ethereum (ETH) and Tether USD (USDT)

According to CoinGecko, NOT trading volume over the past 24 hours was $4.7 billion, up 124% from the previous day.
The Notcoin cryptocurrency is trading at $0.02115, having risen in price by 11.2% over the past 24 hours. The cumulative increase in one week was 280%, and in two - 297%.

NOT cost chart for last week. Source: CoinGecko

$NOT $BTC $ETH

There was a rise in cryptocurrency market activity in May. The market for cryptocurrencies has grown by 17% in the past 30 days, and several coins have hit new highs. But now even declines are being targeted by some altcoins. The recent uptick in pessimism could lead to a temporary reversal of fortunes for Cardano ADAUSDT, Bitcoin Cash (BCH), Axie Infinity (AXS), and Sandbox (SAND).

$ADA $BCH $AXS

Synopsis of the past, present, and future price movement of Mantle (MNT) The price of Mantle (MNT) might move around the $0.94–$1.09 range next week. The coin's price decreased by 1.27% week-to-week, but it rose by 3.6% month-to-month. While in the corrective phase, price action could take one of two paths: either up to $1.17, the closest resistance, or down to $0.86, the nearest support.

Based on our research, we expect Arbitrum (ARB) to trade between $1.01 and $1.32 in the near future. A weekly loss of 6.26% masks monthly gains of 10.28% and quarterly gains of 1.47% for the coin. A combination of a stochastic indicator reading of 29.61 and an RSI of 42.80 suggests that prices may be about to rise. Right now, it looks like a correction is happening, but if we can break through the nearest resistance at $1.44, we could see some rapid growth.

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Render Token (RNDR) analysis and price prediction Render Token (RNDR) is currently trading between $9.21 and $11.32. Support is at $8.43, while $12.65 is the nearest level of resistance. On a 10-day and 100-day basis, the price has averaged $10.03. Stochastic is ranging around 24, MACD is at -0.06, and RSI is at 39.20. The price has gone up 36.38 percent over the past 30 days, but it has gone down 2.00% over the past week. The price of the coin has risen substantially, by 175.51%, in the last six months. The RNDR is currently performing a correctional maneuver.

$RNDR

Evaluation and Projection of the NEAR Protocol (NEAR) Value The current price range for NEAR Protocol (NEAR) is between $7.32 and $8.34. The coin's value has increased by 17% in the last 30 days and by 262% in the last six months. It appears like NEAR is about to have an explosive price increase, with $8.86 acting as an immediate resistance and $6.83 as support. Possible upward movement indicated by the RSI indicator at 37.34 and the MACD reading at -0.06. In an ideal world, the NEAR coin's price would reach $9.50.

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One billion XRP tokens, valued at $520 million, will be unlocked on June 1st through Ripple's XRP Ledger (XRP), a blockchain developer. The monthly sales that Ripple hosts may have a negative effect on the value of XRP in the weeks to come.

Since 2017, the first day of every month has seen Ripple release 1 billion tokens from escrow accounts. From April of this year until then, the "Ripple (22)" and "Ripple (23)" wallets were utilized for this purpose, according to XRPScan metrics.

But these accounts don't have any active contracts that need releasing anymore, and according to Finbold, the business was using two different addresses in May. At the moment, the Ripple (24) and Ripple (25) wallets are holding the monthly escrow funds until January 2025.

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Beacon Chain, a blockchain developed for staking and governance, is scheduled to close in June, which is one of the major events for BNB in May. This was only a temporary decision, and now it's over. The DEX module and all other features of Beacon Chain will be moved to Binance Smart Chain. Moving assets from one network to another is a must for anyone concerned about asset loss. This is also relevant when it comes to reassigning BNB tasks. Binance Smart Chain had received over 95% of staked tokens by May's end. More people may be interested in purchasing Binance Coin if this new feature is introduced.

For the most part, BNB is still a success. Since the FTX cryptocurrency exchange collapsed in November 2022, just eight altcoins have managed to surpass Bitcoin's all-time highs. Among these is Binance's native coin.

$BNB

American regulators at the SEC have decided what to do next. Companies whose spot ether ETF applications were approved are required to complete Form S-1, which is mandatory for all publicly traded companies, by May 31, according to the agency. It is already being done by some organizations. On the same day that it authorized the spot ETFs, VanEck submitted Form S-1; BlackRock did not do so until May 30.

However, not every business was given the go-ahead. The Brazilian Hashdex was one of the unfortunate ones; they applied in November 2023. For the time being, the firm has chosen not to introduce a spot Ether ETF in response to the disapproval of the SEC.

The accumulation of ether by major players has increased once again. Notable cryptocurrency trader Ali Martinez saw the pattern. One seasoned investor in X (previously Twitter) reported that there are now more than 1,000 addresses with 10,000 ETH (more than $37 million) in their accounts. If the value of the second-largest cryptocurrency by market cap doesn't rise, then big money has no reason to hold onto it.

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The analysts at CryptoQuant made a fascinating observation. Many long-term holders started selling their BTC holdings as the price of Bitcoin rose, they noticed. The sell-off ended and accumulation resumed after Bitcoin's price fell to $56,500 in early May. This shows confidence in the future of the cryptocurrency with the largest market cap. According to CryptoQuant, over half of all Bitcoin in circulation went untouched for the last 12 months, despite having been mined or purchased.
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Over the past 24 hours, the cryptocurrency market has seen a small gain of 0.35 percent, reaching $2.53 trillion. In that time, Bitcoin's value increased by 0.7%, Ethereum's value remained relatively unchanged, and many altcoins experienced minor price fluctuations. Bitcoin seems to have found a temporary balance after remaining under the resistance of a descending corridor for 11 days, and it continues to hover there.
While altcoins are a bit more pessimistic. With no change from their 50-day moving averages for more than a week, Litecoin, Cardano, and XRP have all been trending downward. Evidently, the market is taking its time unloading former superstars. This makes sense in theory, but when applied to cryptocurrency, it implies that we haven't entered the "fear of missing out" phase, where all the names add up.

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$XRP
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$ADA

Even though Dogwifhat's (WIF) value took a nosedive recently, a trader going by the name Ponzi Trader thinks the meme-based cryptocurrency's price will go up.

Breaking through the $3.5 support level, which digital asset trader Jack Skipp deemed critical, WIF's price has dropped 11% to $3.34 in the last day. If he is correct, removing this barrier will cause the token's value to plummet, which would be disastrous.

$WIF

The Notcoin rate surged by over 130% in just one week, propelling the project to the 81st spot among the top 100 biggest cryptocurrencies. With a trading volume of nearly $1.29 billion, the coin's capitalization has already surpassed $1.22 billion.

Nearly 70% of the NOT airdrop went to on-chain withdrawals, while 22.87% went toward community incentives. That points to an approach that wants a lot of people to use it.

There is additional hope for the coin's value to recoup thanks to the accumulation of NOT owners and community encouragement. It is possible that the Notcoin rate might eventually go above $1.

$NOT

Respected cryptocurrency expert Ali Martinez claims that the $0.166 to $0.171 price range represents strong resistance for Dogecoin memcoin at the moment. More than seventy-five thousand wallets bought nearly ten billion DOGE within this range.

The level of $0.0322 will be the next "key resistance" for the asset if the price of memcoin departs from this range.

DOGE, according to Martinez's research, is not displaying a bullish reversal since meme coin holders are still under intense pressure from purchases made at $0.166 and $0.171.

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The price of the game token Notcoin (NOT) increased by 30% to $0.012 on May 30. According to CoinGecko, its market cap hit $1.22B with $1.29B in trading volume.

The asset increased in value by nearly 130% in a single week.

The asset is still reclaiming its positions, even though it fell after listing. This dynamic was associated with the NOT distribution model, according to CryptoQuant analysts.

$NOT