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TOP 10 Meme Coins
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WIF and BONK rise despite market decline WIF is up over 7% as Solana bulls return to the meme currency. BONK followed WIF in defying the negative trend with a 2% increase in 24 hours. If crypto market bearishness continues, meme currencies may suffer. Even though meme currencies were crashing, Solana meme coins dogwifhat (WIF) and BONK gained 7% and 2% on Friday. BONK and WIF refute gloomy trend WIF fell early Friday along with other meme currencies, extending a Wednesday dip. The top Solana meme coin rose 14% in the previous two hours, reversing the trend. After almost two months of silence, WIF bulls are active again. From mid-April to June, WIF steadily declined, erasing profits from the March Solana joke coin bubble. Ethereum-based PEPE entered the top 30 cryptocurrencies by market valuation, surpassing WIF as the third biggest meme currency. After WIF hit a three-month low of $1.58 on June 24, bulls bought the dip, changing its bearish stance. Buyers drove WIF up 43% in a week before market bearishness caused a drop. BONK has gained over 3% in 24 hours after a steep fall on Friday. The second largest Solana meme currency gained 18% in a few hours after a 15% drop, bringing its daily gain to 3%. As the two biggest Solana meme currencies, WIF and BONK may have outperformed the market due to Solana's 1% gain. Other prominent meme currencies including Dogecoin (DOGE), Shiba Inu (SHIBA), and PEPE have failed to break out of market bearishness. Mt. Gox's BTC repayment scheme still has the crypto market reeling. Bitcoin (BTC) and Ethereum (ETH) fell 2.3% and 4.6%, respectively, wiping out $570 million in the crypto market in 24 hours. Meme coins may suffer most if the market collapse continues because to their high volatility and low cap. Meme coins have lost 10.6% of their market valuation while the crypto market has fallen 3.4%. #WIF #BONK $WIF $BONK
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3 Revolutionary Cryptocurrencies to Consider Investing in for Massive Profits Spot Ethereum ETFs, according to many industry watchers, have the potential to attract massive amounts of investment money. New technologies for smooth transactions were recently released by the layer-1 blockchain, according to Solana. The goal of Rich Quack is to provide its holders the opportunity to earn money by investing, building, holding, and winning. Ethereum Trading below its 50-day and 20-day moving averages is a major cause for caution over its poor technical picture. Holding the $3,100 support line will stop a decline to $2,900 in the case of increased volatility. More caution might be on the horizon, given the collective prudence with which investors have responded to last week's decline. Solana Just like Bitcoin, Solana goes up and down with the market. Projects that aim to be "Ethereum killers" sometimes include it because of its popularity and the fact that its transactions are cheaper and quicker than ETH. In terms of developers, its cheap prices and great speed are appealing. The facts also support these opinions, which is crucial. Solana just shown 46 times quicker performance than Ethereum in a real-world test. In light of the growing national debt, you should consider purchasing it for its shown performance and future prospects. RichQuack One such meme token that aspires to reward investors via "frictionless yield generation" is Rich Quack, which is part of the hyper-deflationary Binance Smart Chain (BSC). The staking process and the delivery of fees are both eliminated for holders. The smart contract instantly credits the holder's account with the allocated fees. To get there, RichQuack plans to assemble a group of like-minded individuals who will all pitch in and do their part to realize their shared vision. With any luck, our project will one day be the go-to site for secure fundraising and investment, complete with a jackpot raffle for holding and a lottery that pays out at the top of the hour, day, week, and month. #ETH #SOL #RichQUACK🐤
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Another day of huge Ethereum liquidations as Mt. Gox negative pressure continues Ethereum liquidates over $108 million as Mt. Gox repays creditors. Grayscale Ethereum Trust traded above net asset value as spot ETH ETF debut nears. Ethereum may consolidate as important support becomes essential in coming days. After the Mt. Gox BTC reimbursement, Ethereum (ETH) fell over 5% on Friday, causing over $108 million in liquidations. The repayment's supply fueled Bitcoin's negative trend, which spread to ETH. Daily digest: Mt. Gox headwind, ETHE discount Mt. Gox started repaying creditors today after sending $84.87 million in BTC to Bitbank's hot wallets. The move exacerbated crypto market bearishness as altcoins, headed by Ethereum, fell. Due to the spot ETH ETF debut, many anticipated ETH to be less impacted by market sentiment, but the SEC's delayed approach to greenlight issuers' S-1 drafts certainly provided bearish momentum. On May 23, the SEC accepted spot ETH ETF issuers' 19b-4 forms, but their S-1s must be approved before trading. VanEck, BlackRock, Bitwise, Grayscale, 21Shares, Fidelity, Franklin Templeton, and Invesco may issue. On July 3, YCharts data showed the Grayscale Ethereum Trust (ETHE) trading at 0.31% over net asset value (NAV). However, investors purchased discounted shares aggressively when the SEC approved potential issuers' 19b-4 filings, closing the gap and raising the price. The $9.5 billion ETHE trust will become an ETF when spot ETH ETFs launch. Ethereum technical analysis: Consolidation possible Friday's Ethereum price is $2,984, down roughly 5% in 24 hours. The subsequent slide from Thursday's lows caused massive ETH liquidations, wiping out $134 million in open positions. Long liquidations reached $108.4 million, while shorts were under $26 million. Given these circumstances, ETH may not continue below $2,852 as the weekend approaches. ETH will likely start a horizontal trend around $2,852 to $3,367, where it traded for roughly five weeks (April 12–May 19). #ETH_ETFs_Approval_Predictions #ETH $ETH
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True Bitcoin HODLERS UNfazed: 30%+ Supply Dormant for 5 Years+ Despite the recent meltdown, on-chain data indicates Bitcoin diamond hands held for over five years have remained stable. In a recent article on X, market intelligence site IntoTheBlock discussed the proportion of the Bitcoin supply owned by investors who acquired more than five years ago. Statistically, holders are less likely to move or sell their coins (UTXOs) on the network the longer they are idle. As such, the “long-term holder” (LTH) group bears the market's merciless grip. IntoTheBlock defines LTHs as investors who acquired at least a year ago, therefore the holders under consideration, those who have been quiet for at least five years, are perhaps the most resilient. Coins that age over five years are more likely to be lost. Their keys have been lost or forgotten, so they may never be found again. HODLing still accounts for most of the supply. IntoTheBlock says, “while some of this could be attributed to lost funds, a majority likely belongs to long-term holders.” As seen in the graph above, the supply of diamond hands reduced early in the year, indicating that some investors sold their coins. Since these steadfast LTHs don't selloff, the chart's metric trajectory shows that this occurrence was unusual. However, since the downturn, the indicator has been rising, indicating the cohort's selling appetite has subsided. These veterans have before survived deeper cryptocurrency price drops, therefore the recent meltdown, which has dropped its price to its lowest level since February, has not worried them. “This shows that despite market fluctuations, there is a strong core of Bitcoin believers,” says IntoTheBlock. This region of Bitcoin LTHs controls roughly 30% of the supply, meaning a third hasn't changed in five years. #BTC #Bitcoin #MtGoxJulyRepayments $BTC
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Buy The Dip? XRP Whales Doing That—Next Price Rally? The cryptocurrency market remains unstable, with several digital assets falling in price. XRP seems to be heading in a different direction. While the market is wary, huge investors, known as “whales,” have been secretly buying XRP. Some experts expect XRP to rise in the next months due to whales' bullish behavior and good technical indications. XRP Whales Dive Deep: Confidence or Opportunism? Santiment, a blockchain analytics business, reports that XRP whales (addresses owning over 1 billion tokens) had increased from almost 40% in mid-June to 42% at the time of writing. Whale stockpiling has increased significantly, indicating greater confidence in XRP's future. Recent whale purchases may be seen two ways: It may indicate that they think XRP is undervalued and about to rise. The present downturn may also be a buying opportunity. Despite uncertain goals, whale action has an obvious effect. Massive purchase orders may steady and even rally the price. Analysts warn that whale activity alone cannot maintain price increases. Long-termers Stay Put On-chain research provides additional XRP trajectory data beyond whale movements. Dormant circulation, which records tokens in long-term storage, looks promising. The price of XRP is $0.41. TradingView chart Low XRP dormant circulation indicates that long-term holders are not selling. This implies optimism about Ripple's long-term survival and unwillingness to sell at present levels. Dormant circulation is low, which is good. It shows that long-term investors are keeping onto XRP, which may prevent a price drop. This might provide the groundwork for a price hike. Technical analysis, which examines previous price data and chart patterns, gives XRP supporters optimism. The momentum indicator RSI says XRP is oversold. This may indicate a price comeback. At press time, Coingecko reported XRP at $0.41. This is 4.82% lower than yesterday. Given recent whale activity, the price may level off or rise near $0.45. #xrp #Ripple $XRP
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