The sharp decline in the cryptocurrency market over the past 24 hours has led to widespread losses, with the Bitcoin crash having a major impact on altcoins. Some coins have faced deeper corrections, hitting new all-time lows amid the selloff. BeInCrypto has identified three major coins that have hit new all-time lows despite their prominence in the market.
The Story of Trump's Meme Coin: A How-To Guide for Millionaires How to Lose Money
Every time a new meme coin experiences a meteoric rise, the same scenario repeats itself: a few whales make incredible profits, while individual traders find themselves on the losing end of the equation. The story of the meme coin Trump is no exception, but rather a stark lesson in how mass enthusiasm can be exploited to make quick gains at the expense of small speculators.
America First, Cryptocurrencies Later: Trump Causes Bloodbath and Biggest Liquidation in Market History
Cryptocurrency markets have been plunged into a red bath, after witnessing a sharp decline in the value of most cryptocurrencies by more than 20% in just 24 hours. This was due to new tariffs imposed by US President Donald Trump on Canada and Mexico, which raised fears of a global trade war. This move negatively affected investor sentiment and created a large wave of flight from high-risk financial assets such as stocks and digital currencies, some of which fell in value to return to pre-US election levels.
Storing digital currencies or staking is a popular mechanism in the world of crypto. This is because it helps in earning profits and securing the blockchain. But is staking still a good decision for investing money and earning profits in 2024? Let's find out more in this article. In this article What is cryptocurrency storage? Inflation rate and cryptocurrency storage
TRUMP Price Struggles to Recover After Massive 72% Crash From All-Time High
TRUMP price continues its downward trajectory, currently trading near $21 after a sharp drop of nearly 72% from its all-time high. Over the past 24 hours, the meme coin has dropped another 9%, extending its losses to nearly 30% in a week. TRUMP has lost nearly $10 billion in market cap over the past two weeks, reflecting continued selling pressure. With technical indicators like RSI and CMF remaining weak, the meme coin faces a crucial test to determine whether it can regain momentum or risk further declines.
Solana’s meme coins, WIF and BONK, continue to struggle, mirroring the broader sector’s pullback. WIF dropped to near $1, its lowest level in eight months, while BONK is at risk of testing key support levels as EMA lines point to a continuation of the downtrend. Both coins have suffered sharp losses, with BONK down 40% and WIF down 52% over the past 30 days. While a broader rally in meme coins could spur a recovery, both assets remain under pressure, with declines still on the table.
Analysis: Trump Coin Memecoin tests key support at $23.88, with signs pointing to a potential bullish reversal, although market sentiment remains mixed amid ongoing volatility.
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XRP Ledger Activity Increases as DEX Volume Tops $1 Billion in Q4 2024
Ripple’s Q4 2024 XRP Markets Report Highlights Strong Recovery in On-Chain Activity, Trading Volume, and Institutional Demand. The last fiscal quarter saw a critical turnaround for XRP, as increased adoption and market confidence pushed its performance to new levels. XRPL Hits $1 Billion on DEXs as On-Chain Activity Expands
Analysis: Algorand (ALGO) stock could surge 54% if it manages to break above symmetrical triangle resistance with strong volume, although a breakdown could lead to a bearish move instead, according to the report.
Analysis: New data from OnChain analytics platform CryptoQuant shows that in January 2025, retail Bitcoin investors sent 6,000 BTC to Binance, indicating a belief that the bull market is over, while whales, who contributed just 1,000 BTC, are taking a more cautious approach. $BTC
Analysis: Hyperliquid surpasses Ethereum in daily fees and revenue, reaching $1.93 million on Jan. 28, as the token’s price surges and its weekly fees trend upward.
Breaking: Solana-based ride-sharing app Teleport is shutting down, citing its inability to support business, and will offer additional support until February 28 for users to claim remaining USDC balances and their private keys.
Cyclop says understanding and applying these rules can mean the difference between making big gains and missing out on opportunities. Here are 15 golden rules: Fixing Profits: Cyclop stresses the importance of taking profits at the right time. He advises traders to lock a portion of their profits in stablecoins or fiat currencies, thus truly protecting profits.
Investor Losses Cast a Shadow Over XRP’s Struggle to Reach New Highs
Ripple has been in a consolidation phase for the past two weeks, preventing it from making a new all-time high (ATH). While the altcoin continues to hold above a key support level, it is struggling to gain the momentum needed to breakout. A shift in investor behavior could change this trajectory. XRP Investors Face Losses Losses have dominated Ripple’s trading volume. With a new all-time high still out of reach, investors have started moving their holdings. This trend has led to many Ripple holders facing losses on their trades over the past two weeks, impacting overall market sentiment.