AI Tokens Rally Amid Nvidia's Bullish Sales Report! 🚀
The AI cryptocurrency market has surged to new heights, driven by Nvidia's outstanding Q3 earnings report. Here's a breakdown of the key developments:
📊 Nvidia's Record Earnings:
Nvidia posted an all-time high Q3 sales of $35.1 billion, surpassing estimates of $32.5 billion.
CEO Jensen Huang highlighted a growing demand for the Blackwell chip, with Q4 2025 revenue estimates already exceeding $7 billion.
📈 AI Token Market Cap:
The total market cap of AI-related cryptocurrencies reached an all-time high of $42.19 billion.
Nvidia's success has historically boosted AI coins, and this time is no different.
📌 Top Gainers Over the Week:
NEAR Protocol (NEAR): +20% ($6.67 at press time)
Internet Computer (ICP): +26.4%
Bittensor (TAO): +20.6%
Fetch.ai (FET): +20.4%
SingularityNET (AGIX): +21.7%
🎉 Exceptional Performers:
Qubic (QUBIC): +79.5%
Virtuals Protocol (VIRTUAL): +61%
Grass (GRASS): +58%
Livepeer (LPT): +41.9%
🌐 Why the Rally?
Nvidia’s commitment to generative AI and accelerated computing technologies has attracted significant investor interest.
Policy changes in the U.S., including appointing an “AI czar” to lead transformative technology initiatives, have further fueled optimism.
🔮 Analyst Projections:
Citi analysts predict Nvidia’s stock could climb another 27%, targeting a price of $175, as demand for AI-focused technologies continues to rise.
💡 The Takeaway:
AI coins are riding the wave of Nvidia’s success, showing how closely this sector is tied to advancements in AI hardware and policy shifts. Keep an eye on this space—more innovation and growth are coming!
📢 Do you hold any AI tokens? Share your thoughts in the comments!
🔗 Follow us for more updates:
@vikasjangracrypto #MarketInTheGreen
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🚀 $ENS /USDT Ready for Lift-Off: Precision Targets at $36.34!" 🚀
{spot}(ENSUSDT)
$ENS /USDT is trading at $36.34, showing a significant upward movement and testing resistance levels. With a strong momentum push, this presents a prime opportunity for short-term gains. Resistance is identified at $37.29, while support lies at $35.00. Traders can aim for take-profit levels at $36.70, $37.00, and $37.20 to secure profits. To mitigate risk, set a stop-loss at $35.50. As the RSI indicates a near-overbought condition, monitor the price action closely for potential reversals or a breakout beyond resistance. This is a high-potential setup for traders seeking precise, low-risk entries.
#EthereumAwakening? #BitwiseFiles10ETFa
AI Predicts Shiba Inu’s ($SHIB ) Price for November 30, 2024
{spot}(SHIBUSDT)
Shiba Inu ($SHIB ), the second-largest meme coin, has experienced a turbulent month, slipping from its position in the top 10 cryptocurrencies. Despite this, the asset remains resilient, maintaining its price above the $0.00002500 mark. As November draws to a close, SHIB investors are eager to see if the month will end on a bullish note.
Current Market Status
Market Rank and Capitalization:
SHIB currently ranks as the 14th largest cryptocurrency with a market cap of $15.06 billion, having previously reached the top 10 during its recent rally.
Price Movement:
After reaching a monthly high of $0.00003031 earlier in November, SHIB has retraced, trading at $0.00002557 at press time, reflecting a 4.82% drop in the past 24 hours.
Investor Sentiment:
At its current price, 62% of SHIB holders remain profitable, while 29% are incurring losses, according to data from IntoTheBlock. Despite recent setbacks, SHIB has surged by over 50% this month.
Price Prediction for November 30, 2024
According to CoinCodex, Shiba Inu is expected to witness a dramatic price increase by the end of November:
Projected Price:
SHIB is forecasted to surge by 109%, reaching $0.00005358 on November 30, 2024.
A day prior, the asset is predicted to trade at $0.00005427, suggesting a bullish trend leading into the month’s end.
Market Outlook:
The current bearish sentiment is considered temporary, with SHIB poised for a sharp upward trajectory in the coming days.
Conclusion
Shiba Inu’s recent market fluctuations have kept investors on edge, but AI-based predictions indicate a strong recovery and significant price surge by November 30, 2024. With a robust community and recent gains, SHIB remains a watchlist-worthy asset as it enters a potentially bullish phase.
Investors should remain cautious, as the cryptocurrency market is inherently volatile, but the coming days could present notable opportunities for SHIB holders.
#GameFiOnTheRise #NotPriceSurge
Ethereum's recent surge to $3,600, coupled with a record $22 billion in open interest for $ETH futures, has sparked excitement in the crypto community. This development could potentially trigger an altcoin rally, as Ethereum's momentum often influences the broader market .
Several factors contribute to Ethereum's bullish outlook. The increasing open interest in ETH futures indicates growing investor confidence, while the recent price rally has sparked renewed interest in the cryptocurrency . Additionally, Ethereum's ecosystem is expanding, with the growth of layer-2 networks and decentralized applications (dApps)
While it's difficult to predict with certainty, Ethereum's current momentum could indeed spark an altcoin rally. As investors become more optimistic about Ethereum's prospects, they may also seek opportunities in other altcoins, potentially leading to a broader market upswing.
Key factors to watch:
- Ethereum's price movement : A continued rally could further boost investor confidence and spark an altcoin rally.
- Open interest in ETH futures : Growing open interest could indicate increasing investor confidence and a potential altcoin rally.
- Ethereum's ecosystem growth : Expansion of layer-2 networks and dApps could contribute to Ethereum's bullish outlook and potentially spark an altcoin rally.
#AltcoinMomentum
🌐 AltcoinMomentum: The DeFi Evolution 🌐
Decentralized Finance (DeFi) is revolutionizing the way we think about money. Altcoins are at the forefront of this financial shift.
💡 Top DeFi Projects to Watch:
1️⃣ Aave (AAVE): The king of lending protocols, offering users complete control over their assets.
2️⃣ Uniswap (UNI): Leading the way in decentralized exchanges with seamless token swaps.
3️⃣ Curve Finance (CRV): A go-to platform for stablecoin trading with low fees and high liquidity.
🔎 What’s Driving DeFi?
• No intermediaries = More control.
• Better yields than traditional banks.
• New opportunities in staking, lending, and farming.
💡 Pro Tip: Understand the risks of DeFi—impermanent loss, smart contract vulnerabilities, and market volatility. Always diversify and DYOR!
📣 Are you diving into DeFi? Let’s discuss your favorite projects in the comments!
#AltcoinMomentum #DeFiRevolution #CryptoFinance #AltcoinTrends #Write2Earn! $ETH $SOL $BNB
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$USUAL Breakout Alert – Key Levels in Focus! 🚨
$USUAL is trading near $0.3187, testing resistance at $0.3300 after a sharp rally. The price has formed a rounded bottom, signaling bullish continuation if the resistance breaks.
💡 Trade Setup:
• Long Entry: Above $0.3300, targets are $0.3500, $0.3700, and $0.4000. Set stop loss at $0.3100.
• Short Entry: Below $0.3000, targets are $0.2800, $0.2600, and $0.2500. Stop loss at $0.3200.
📉 Market Move: If resistance holds, expect retracement toward $0.3000. Breakout above $0.3300 may trigger bullish momentum. Watch closely!
{spot}(USUALUSDT)
#EthereumAwakening? #BSCOnTheRise #BitwiseFiles10ETFa #BitwiseFiles10ETFs #BinanceBNSOLPYTH
Based on the displayed data:
• Bitcoin price (BTC/USDT) is rising by +4.29%, reaching 95,909.17, indicating strong current activity.
• Bitcoin dominance (BTC.D) has decreased by -0.68% to 58.18%, reflecting a shift in liquidity from Bitcoin to altcoins.
Explanation:
Whales seem to be moving liquidity toward altcoins in preparation for a potential surge. This suggests the market might witness a significant rise in altcoin prices soon, especially with the decline in Bitcoin dominance.
$BTC
🚀 Crypto creditors rejoice! Celsius, the bankrupt crypto lender, is set to distribute an extra $127 million to its creditors. This comes from the "Litigation Recovery Account" and targets classes 2, 5, 7, 8, and 9.
- Payments will be made via PayPal, Venmo, or Coinbase, with cash as a backup for those without verified accounts.
- Some corporate creditors will also get a slice, but those with convenience claims will miss out.
While some investors are still grumbling about their losses, at least there's a little more crypto cheer to go around this holiday season!
🚀 Exciting times in the crypto world! While Dogecoin's rally to $0.4 has hit a ceiling, a new contender, WallitIQ (WLTQ), is making waves. Currently in presale at just $0.0171, WLTQ combines AI tech with user-centric features, promising sustainable growth and generational wealth. 💡
WallitIQ tackles crypto challenges with advanced security, predictive analytics, and high-yield staking, offering a robust ecosystem for investors. Unlike Dogecoin, WallitIQ is built for long-term success. 🌟
With its innovative tools and attractive presale price, WallitIQ (WLTQ) is a promising alternative in the crypto space!
Celsius, the bankrupt crypto lending firm, is set to distribute an additional $127 million to creditors, as announced on Nov. 28. This payout comes from the "Litigation Recovery Account" and targets creditors in classes 2, 5, 7, 8, and 9, including retail borrowers and users of the "Earn" program. Payments will be made in crypto via PayPal, Venmo, or Coinbase, or in cash if no verified account exists. However, some creditors express dissatisfaction, calling the payments insufficient. Celsius filed for bankruptcy in July 2022, and its former CEO faces fraud charges, with a trial slated for January 2025.
Crypto analyst highlights limited upside for Dogecoin, currently at $0.4, while introducing WallitIQ (WLTQ) as a promising alternative. WallitIQ, priced at $0.0171 during its presale, is designed for sustainable growth and generational wealth creation. It integrates AI and ML for enhanced security and user experience, offering features like biometric authentication and AI-powered Escrow Connect. WallitIQ provides high-yield staking, governance participation, and advanced investment tools, distinguishing itself from Dogecoin's speculative nature. The presale offers a strategic entry point for investors seeking long-term value.
🚀 $AMP /USDT Scalping Alert: Precision Targets for Rapid Gains at $0.00830!" 🚀
{spot}(AMPUSDT)
$AMP /USDT is currently trading at $0.00830, offering a promising scalping opportunity within a high-volatility zone. With resistance at $0.00860 and support at $0.00810, traders can aim for quick profits by targeting $0.00840, $0.00850, and $0.00860 as take-profit levels. To manage risk effectively, set a stop-loss at $0.00810. The tight range and strong momentum make this an ideal setup for short-term gains. Stay sharp and monitor the movements closely to maximize results.
#MarketInTheGreen #BitwiseFiles10ETFs
Gaming Sector Picks Up Steam!
After being deemed an underperforming sector, gaming has finally gained momentum this week. I believe the use case of blockchain in gaming is often underestimated. Gaming is extremely retail-friendly, with most people understanding and engaging with the sector daily.
Mainstream Adoption Potential
Gaming is one of the few sectors with genuine mainstream adoption potential. Unlike AI, which mostly lives off the narrative, gaming has already seen significant traction. Projects like Off The $Grid and $Pixels (built on Ronin) have attracted thousands of users.
Heavy Repricing Ahead? 👀
While I'm bullish on the sector, I predict some heavy repricing among gaming tokens at some point this cycle. My top gaming bag remains $BEAM. $AVAX has established itself as the leading chain for gaming, and with BEAM serving as a subnet tailored specifically to Web3 gaming development and gameplay, I believe it will be among the top gaming performers this cycle.
Other Notable Mentions
PRIME is another interesting gaming coin I've been monitoring, combining both AI and gaming narratives and listed on Coinbase.
What are your thoughts on the gaming sector's potential? 🤔
#Gaming #Crypto #Blockchain #PlayToEarn #Metaverse
$SCR /USDT ALERT: CRITICAL LEVELS IN PLAY – BIG MOVE INCOMING! 🚨
📊 Long Entry: $0.850 – Targets: $0.870, $0.880, $0.900. Stop Loss: $0.830.
📊 Short Entry: $0.820 – Targets: $0.800, $0.780, $0.760. Stop Loss: $0.850.
Next Move: The chart shows consolidation near $0.832 after a breakout attempt. A breakout above $0.850 signals bullish continuation, while failure could lead to a bearish retracement toward $0.800. Watch for volume spikes to confirm direction!
{spot}(SCRUSDT)
#MarketInTheGreen #BSCOnTheRise #BitwiseFiles10ETFa #BitwiseFiles10ETFs #BinanceBNSOLPYTH
$USUAL /AMP/ENS/KDA Alert: Explosive Moves in Play – Trade Setup! 🚨
USUAL: Long above $0.3189, targets at $0.35, $0.40, $0.45. Stop loss: $0.30. Short below $0.30, targeting $0.28, $0.25. Pattern signals consolidation before bullish breakout.
$AMP : Enter long above $0.0081, aiming for $0.009, $0.01. Stop loss: $0.0078. Short below $0.0078, targeting $0.0075, $0.0073. Bullish momentum gaining strength.
$ENS : Long above $36.50, targets at $38, $40, $42. Stop loss: $35. Short below $35, aiming for $33, $30. Chart suggests upside continuation after breakout.
KDA: Enter long above $1.18, targeting $1.25, $1.35, $1.45. Stop loss: $1.12. Short below $1.12, aiming for $1.08, $1.00. Bullish trend strengthening.
📉 Market Next Move: Patterns hint at bullish sentiment across all, with increasing volume. Tight risk management essential!
{spot}(AMPUSDT)
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#EthereumAwakening? #BSCOnTheRise #BitwiseFiles10ETFa #BitwiseFiles10ETFs #BinanceBNSOLPYTH
Cardano (ADA) Sees Momentum for Big Move
Cardano pricing began consolidating around $1.00. ADA is maintaining gains and may rise beyond $1.050.
From $0.8800, ADA price rose.
The price is above $0.950 and the 100-hour SMA.
On the hourly ADA/USD chart, a negative trend line with resistance at $1.020 is formed.
The pair might rise again if it breaks $1.050 barrier.
Cardano Price May Rise
Cardano rose over $0.850 barrier in recent days. ADA stayed bullish like Bitcoin and Ethereum. Above $0.880 and $0.9250 barrier levels.
The price broke the 50% Fib retracement barrier of the $1.150 swing high to $0.8696 low decline. Even $1.00 was reached. However, bears are active at $1.050. On the hourly ADA/USD chart, a negative trend line with resistance at $1.020 is formed.
The trend line approaches the 61.8% Fib retracement level of the $1.150 swing high to $0.8696 low decline. Cardano is above $0.950 and the 100-hour SMA.
The price may encounter resistance at $1.020 on the upside. Initial resistance is about $1.050. The next hurdle may be $1.0840. A closing above $1.0840 barrier might spark a powerful surge. In this situation, the price may reach $1.1500. More increases might lead to $1.20.
Does ADA Support Dips?
If Cardano fails to break $1.050 barrier, it might fall again. Near $0.9650 is immediate downside support.
Near $0.9350 is the next important support. A drop below $0.9350 might touch $0.880. The next significant support is $0.8450, where bulls may appear.
Tech Indicators
Hourly ADA/USD MACD is rising in the positive zone.
Hourly RSI - ADA/USD's RSI is over 50.
Major Support Levels: $0.9650, $0.9350.
Major resistance levels: $1.0200, $1.0500.
#ADA #Cardano $ADA
{spot}(ADAUSDT)
$EIGEN ALERT: Major Move Ahead! 🚨
Current Price: $3.782
📈 Long Entry: Above $3.800 – Targets: $3.90, $4.05, $4.15. Stop Loss: $3.70.
📉 Short Entry: Below $3.700 – Targets: $3.60, $3.50, $3.40. Stop Loss: $3.82.
Market Outlook: The 4H chart suggests bullish momentum after a breakout attempt, but consolidation near $3.78 indicates indecision. A clean break above $3.800 signals continuation upward, while losing $3.700 could spark a bearish pullback.
{spot}(EIGENUSDT)
#EthereumAwakening? #BSCOnTheRise #BitwiseFiles10ETFa #BitwiseFiles10ETFs #BinanceBNSOLPYTH
🚀 Ether's on a roll! Investor demand for leveraged Ether products is soaring, with the VolatilityShares 2x Leveraged Long ETH ETF seeing a 160% boost since Nov. 5. Analysts are eyeing the $4,000 mark, with some even dreaming of $20,000 by 2025. 🤑
- Spot buying and ETF inflows are fueling this rally.
- Stablecoin inflows are adding liquidity, keeping the momentum alive.
- Bitcoin's dance under $100k might just be Ether's cue to shine!
With Ether's cup-and-handle pattern, the crypto world is buzzing with excitement. Keep your eyes peeled for more action!
🚀 Ether's on a roll, folks! With investor demand for leveraged Ether trading products soaring, ETH could soon break the $4,000 barrier. The VolatilityShares 2x Leveraged Long ETH ETF saw a whopping 160% rise in demand since Nov. 5, and it's not just the ETFs fueling the fire.
- Spot buying pressure is also driving Ether's recent gains, hinting at more upward momentum.
- Analysts predict a potential rally above $4,000, with some eyeing a long-term target of $20,000.
- Bitcoin's rangebound dance under $100,000 might just be the catalyst Ether needs to shine.
What do you think? Will ETH hit new heights? Share your thoughts below! 💬
Investor interest in leveraged Ether (ETH) trading is surging, with the VolatilityShares 2x Leveraged Long ETH ETF seeing a 160% increase in demand since November 5. This rise coincides with a broader appetite for risk assets following the recent U.S. presidential election. Analysts suggest Ether could break the $4,000 mark, driven by both ETF inflows and spot buying. Technical patterns hint at a potential rally, with some predicting ETH could eventually reach $20,000. Meanwhile, Bitcoin's price movements may further influence Ether's trajectory, as stablecoin inflows continue to support the crypto market's liquidity.
🚀 Bitcoin's march toward the $100,000 mark is sparking excitement across the crypto landscape! As BTC hovers between $90k and $100k, ProShares UltraShort Bitcoin ETF (SBIT) sees record trading volumes, with over 8 million shares traded on Nov. 13. 📈
The ETF, which offers a leveraged bearish bet on BTC, is gaining traction as investors hedge against potential price pullbacks. Notably, SBIT saw a $17.7 million net inflow recently, the highest since its April debut.
Meanwhile, optimism reigns as spot bitcoin ETFs have raked in over $2.5 billion since Nov. 13. What are your thoughts on BTC's journey to six figures? Let's discuss!
🚀 Bitcoin is buzzing as it flirts with the $100,000 mark! The ProShares UltraShort Bitcoin ETF (SBIT) saw a record trading volume of over 8 million shares on Nov. 13, when BTC hit $90,000 for the first time. Since then, BTC has been dancing between $90,000 and $100,000, with the ETF's daily trading volume averaging over 5 million shares.
- The ETF offers a leveraged bearish bet, rising 2% for every 1% BTC drop.
- Recent inflows suggest bulls are hedging against potential pullbacks.
- Spot bitcoin ETFs have seen $2.5 billion in net inflows since Nov. 13.
What are your thoughts on BTC's next move? Share in the comments!
🚨 Crypto Alert: XT.com Hacked for $1.7M!
- XT.com, a Seychelles-based crypto exchange, has been hacked, losing $1.7 million. The funds were converted to Ethereum (ETH) and moved to a new wallet.
- XT.com assures users that their assets are secure, maintaining reserves 1.5x greater than user assets.
- This incident adds to a growing list of exchange hacks, with BingX and Indodax also suffering significant losses recently.
What do you think about the security of crypto exchanges? Share your thoughts in the comments!