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VeChain Hits 2-Year High, Outperforms Bitcoin, Solana: $0.1 Next? VeChain (VET) has hit a two-year high of $0.7261. The asset last traded above the $0.07 mark in April 2022. VET outperforms major crypto assets such as Bitcoin (BTC) and Solana (SOL). The project’s market cap has also risen to nearly $5.9 billion. VET’s price has surged by 9.1% in the last 24 hours, 79.2% in the weekly charts, 125.6% in the 14-day charts, and 265.5% over the previous month. The asset’s price has also increased by 212.7% since December 2023. Why Is VeChain Rallying? VET’s rally comes amid a general altcoin rally. Other altcoins, such as TRON (TRX), BNB, XRP, and Cardano (ADA), have also surged in the last few days. Market participants may channel their funds into other assets as Bitcoin (BTC) faces significant resistance at the $96,000 level. WisdomTree’s S1 filing for a spot XRP ETF may have led to investors betting on altcoins. Can The Asset Hit $0.1 Next?VET’s price has to rally by nearly 39% to breach the $0.1 mark. According to CoinCodex, VeChain’s (VET) price may consolidate around current levels over the next few weeks. The platform anticipates the asset to rally from early January, hitting the $0.10 mark on Feb. 6, 2025. CoinCodex predicts VET to hit a high of $0.12 on Feb. 20, 2025. Hitting $0.12 from current price levels will entail a rally of about 66.67%. VET is currently down by more than 74% from its all-time high of $0.281. The asset hit its peak in April 2021. It is unclear when VET will reclaim its peak again. If Bitcoin (BTC) breaches the $100,000 level, we may witness another massive market rally. In such a scenario, VET could hit a new all-time high. #VeChain #VET #AltcoinSeason #cryptomarket #CryptoNews
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VeChain Hits 2-Year High, Outperforms Bitcoin, Solana: $0.1 Next?
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Pepe Coin Whales Accumulation Signals 7x Gains For PEPE Looms Pepe Coin whales have continued to accumulate the token heavily, signaling an increase in market pressure for 7x gains in PEPE price ahead. Pepe Coin whales continue to accumulate amid a bullish Q4 sparking optimism. A whale was recorded to bag over 300 billion coins amid the token's recent bull run. PEPE price readies for a potential 7x pump in the coming days. Pepe Coin whales’ constant accumulation of the frog-themed meme token amid a bull cycle has birthed an optimistic wave among investors globally. On Wednesday, on-chain data indicated that a whale continued bagging the meme token, accumulating a total of 337.09 billion PEPE to date. Simultaneously, with other stats indicating heightened market interest in the asset, a potential 7x pump remains much awaited by market enthusiasts across the crypto landscape. Pepe Coin Whale Accumulation Upbeat, Crypto Market Bullish As per data by Lookonchain, Pepe Coin whales continue to accumulate the frog-themed meme token, indicating increased market interest. Notably, the wallet address 0x160…b5B bought 337.09 billion PEPE, worth $6.92 million, from Binance over the past 20 days. This massive accumulation, in turn, set off optimistic waves for the token, flagging heightened buying pressure. Simultaneously, Etherscan data showcased a gradual rise in the asset’s holders at the time of reporting. Per the data, nearly 334,000 addresses held Pepe Coin, sparking optimism amid a bullish Q4 crypto market. Also, it’s worth mentioning that this one of the top meme coins was recently integrated into custody on Coinbase Prime. This enhanced offering further paves the way for money to inflow into the token, attracting a wide range of investors. Simultaneously, the frog-themed meme crypto’s ongoing bull run reflects market bullishness in the wake of the heightened buying and enhanced offerings. #Pepecoin #PEPE #MemeCoinSeason #cryptocurrency #CryptoNews
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Pepe Coin Whales Accumulation Signals 7x Gains For PEPE Looms
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BNB Price Records New All-Time High; First in 6 Months BNB price has experienced a significant rally, recording a new all-time high (ATH) after six months of resistance. This recent price action marks a critical shift for the cryptocurrency, breaking free from the eight-month-long resistance zone between $572 and $619. The altcoin’s breakout has been accompanied by a surge in market activity, signaling strong investor confidence and a continued uptrend. As of now, the momentum remains intact, and BNB is poised to continue its upward trajectory. BNB Aims at New Highs The market sentiment surrounding BNB has been overwhelmingly positive, driven by a 16% surge in its price over the last 24 hours. This uptick has led to significant market liquidations, with $3 million worth of short positions being liquidated. The rally has caught many bears off-guard, as they had anticipated a pullback, only for BNB to invalidate those expectations. The momentum has also created volatility, affecting even the most optimistic traders. In fact, the bullish sentiment has resulted in $2.26 million in long liquidations, showing that the market is currently in a state of intense price action. The liquidations indicate a sharp shift in market sentiment, with both bears and hyper-bulls getting caught in the market’s wild swings. From a macro perspective, BNB’s technical indicators reflect a solid and growing trend. The Average Directional Index (ADX) is notably above the 25.0 threshold, signaling that the current uptrend is gaining strength. This technical signal reinforces the idea that BNB is not just experiencing a short-term rally but is on a path to continued growth. With a strong trend in place, the cryptocurrency is well-positioned to keep pushing toward new highs. The continued upward momentum is also supported by increasing market participation and investor optimism. As the ADX indicator remains above the key threshold, the strength of the uptrend is expected to sustain itself in the coming weeks. #BNB #Binance #altcoin #cryptocurrency #CryptoNews
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