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Solana Buyers Outnumber Sellers 2-to-1 —SOL Price to Hit $150?
#sol
Solana on-chain analysis examines how changes in key fundamental growth metrics, and sentiment among network participants could impact SOL price action.
Key Insights:
Solana (SOL) price rose to a historic 20-month peak of $126 on Dec 25, before entering a 12% retracement to $110 on Tuesday morning.
Before the correction on boxing day, Solana had posted 6 consecutive days of bullish price action
Wallets buying SOL currently outnumber those selling 2:1 signaling that the price pullback was not triggered by significant deterioration in the Solana network’s growth fundamentals.
Solana (SOL) price delivered a blistering 18% rally on Christmas day, bouncing from $107 to a peak of $126 within the Dec 25 daily timeframe.
On-chain analysis examines how changes in Solana’s fundamental growth metrics, and the overall sentiment among network participants could impact SOL price action in the days.
#sol
Solana on-chain analysis examines how changes in key fundamental growth metrics, and sentiment among network participants could impact SOL price action.
Key Insights:
Solana (SOL) price rose to a historic 20-month peak of $126 on Dec 25, before entering a 12% retracement to $110 on Tuesday morning.
Before the correction on boxing day, Solana had posted 6 consecutive days of bullish price action
Wallets buying SOL currently outnumber those selling 2:1 signaling that the price pullback was not triggered by significant deterioration in the Solana network’s growth fundamentals.
Solana (SOL) price delivered a blistering 18% rally on Christmas day, bouncing from $107 to a peak of $126 within the Dec 25 daily timeframe.
On-chain analysis examines how changes in Solana’s fundamental growth metrics, and the overall sentiment among network participants could impact SOL price action in the days.
Solana Leads Altcoin Surge Surpassing Binance (BNB) – Will SOL Price Sustain the Bullish Trend?
#sol
The cryptocurrency market is witnessing a seismic shift as Solana (SOL), often called a “Ethereum-killer,” experiences a remarkable surge, outperforming its peers in the altcoin sector. This trend, highlighted in a recent Coin Shares weekly report, indicates a significant movement of investment capital from Bitcoin (BTC) to more diverse altcoin offerings.
Solana’s Impressive Market Performance
Solana’s trajectory has been nothing short of stellar. The platform has seen a more than 700% increase in value since the lows of the recent crypto bear market, further aggravated by the FTX and Alameda Research crisis. A critical factor in this growth is the impressive $1.36 billion total value locked (TVL) in Solana’s decentralized financial (DeFi) platforms. This achievement has garnered attention and attracted substantial support from institutional investors keen on exploring the potential of Solana’s web3 ecosystem.
The Coin Shares report sheds light on the shifting dynamics in cryptocurrency investments. While Bitcoin experienced a cash outflow of $33 million, Solana’s investment products led the altcoin market with an inflow of about $10.6 million. This shift underscores a growing investor interest in alt coins, particularly those with robust technological foundations and promising market prospects like Solana.
#sol
The cryptocurrency market is witnessing a seismic shift as Solana (SOL), often called a “Ethereum-killer,” experiences a remarkable surge, outperforming its peers in the altcoin sector. This trend, highlighted in a recent Coin Shares weekly report, indicates a significant movement of investment capital from Bitcoin (BTC) to more diverse altcoin offerings.
Solana’s Impressive Market Performance
Solana’s trajectory has been nothing short of stellar. The platform has seen a more than 700% increase in value since the lows of the recent crypto bear market, further aggravated by the FTX and Alameda Research crisis. A critical factor in this growth is the impressive $1.36 billion total value locked (TVL) in Solana’s decentralized financial (DeFi) platforms. This achievement has garnered attention and attracted substantial support from institutional investors keen on exploring the potential of Solana’s web3 ecosystem.
The Coin Shares report sheds light on the shifting dynamics in cryptocurrency investments. While Bitcoin experienced a cash outflow of $33 million, Solana’s investment products led the altcoin market with an inflow of about $10.6 million. This shift underscores a growing investor interest in alt coins, particularly those with robust technological foundations and promising market prospects like Solana.
BTC/USD powering north; $45k top eyed amid potential spot BTC ETF approval
Spot BTC Approval?
Following Blackrock, NASDAQ, and the SEC, conducting their second meeting this month to discuss a potentially game-changing Spot Bitcoin Exchange-Traded Fund (ETF), analysts are projecting that approval could come as soon as early January. This, coupled with the Fed’s dovish pivot and the markets behaving accordingly (equities higher; dollar and US yields lower), which was largely based on slowing inflation, BTC/USD will likely continue to welcome bids.
Notably, the technical position for the major crypto remains resolutely positive.
The weekly and daily charts exhibit clear-cut uptrends: a series of higher highs and higher lows. Further, both the 50-day simple moving average and the 200-day simple moving average (SMA) are directed to the upside, currently trading around $38,878 and $31,012, respectively, together with price trading comfortably north of the SMAs, as we write.
Higher Levels Targeted
The upside push today has buyers and sellers now squaring off around resistance on the daily timeframe at $43,828, following a rebound from support at $41,500 earlier in the week. Overthrowing current resistance unearths YTD tops of $45,000 and another layer of daily resistance coming in at $45,525, which happens to sit just south of a major weekly resistance zone between $48,565 and $46,112. Therefore, bulls still have their work cut out for them. However, in light of the Fed’s dovish message and pending approval of a spot BTC ETF, sellers may be few and far between at the above-noted resistances and this could, therefore, prompt any dips to be bought into.
#BTC
Spot BTC Approval?
Following Blackrock, NASDAQ, and the SEC, conducting their second meeting this month to discuss a potentially game-changing Spot Bitcoin Exchange-Traded Fund (ETF), analysts are projecting that approval could come as soon as early January. This, coupled with the Fed’s dovish pivot and the markets behaving accordingly (equities higher; dollar and US yields lower), which was largely based on slowing inflation, BTC/USD will likely continue to welcome bids.
Notably, the technical position for the major crypto remains resolutely positive.
The weekly and daily charts exhibit clear-cut uptrends: a series of higher highs and higher lows. Further, both the 50-day simple moving average and the 200-day simple moving average (SMA) are directed to the upside, currently trading around $38,878 and $31,012, respectively, together with price trading comfortably north of the SMAs, as we write.
Higher Levels Targeted
The upside push today has buyers and sellers now squaring off around resistance on the daily timeframe at $43,828, following a rebound from support at $41,500 earlier in the week. Overthrowing current resistance unearths YTD tops of $45,000 and another layer of daily resistance coming in at $45,525, which happens to sit just south of a major weekly resistance zone between $48,565 and $46,112. Therefore, bulls still have their work cut out for them. However, in light of the Fed’s dovish message and pending approval of a spot BTC ETF, sellers may be few and far between at the above-noted resistances and this could, therefore, prompt any dips to be bought into.
#BTC
#NFP
Binance Launchpool Introduces Its 41st Project NFPrompt (NFP), AI-based UGC Platform
NFPrompt, a cutting-edge Web3 tool, is on a mission to empower ordinary users by transforming them into content creators and reshaping the way they monetize their work using advanced AI tools.
Below are the token details for the Binance NFPrompt (NFP) Launchpool:
Token Name: NFPrompt (NFP)
Total Token Supply: 1,000,000,000 NFP
Launchpool Token Rewards: 110,000,000 NFP (11% of total token supply)
Initial Circulating Supply: 250,000,000 NFP (25% of the total token supply)
Smart Contract Details: NFP Token (NFP)
Staking Terms: KYC required
Hourly Hard Cap per User:
52,380.95 NFP in BNB pool
6,547.62 NFP in FDUSD pool
6,547.62 NFP in TUSD pool
Binance Launchpool Introduces Its 41st Project NFPrompt (NFP), AI-based UGC Platform
NFPrompt, a cutting-edge Web3 tool, is on a mission to empower ordinary users by transforming them into content creators and reshaping the way they monetize their work using advanced AI tools.
Below are the token details for the Binance NFPrompt (NFP) Launchpool:
Token Name: NFPrompt (NFP)
Total Token Supply: 1,000,000,000 NFP
Launchpool Token Rewards: 110,000,000 NFP (11% of total token supply)
Initial Circulating Supply: 250,000,000 NFP (25% of the total token supply)
Smart Contract Details: NFP Token (NFP)
Staking Terms: KYC required
Hourly Hard Cap per User:
52,380.95 NFP in BNB pool
6,547.62 NFP in FDUSD pool
6,547.62 NFP in TUSD pool
$BTC
Bitcoin Spot ETF Biggest Development on Wall Street in Last 30 Years, Says Michael Saylor
A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.
MicroStrategy's Executive Chairman, Michael Saylor, asserts that the upcoming spot Bitcoin exchange-traded funds (ETFs) could be the most significant development on Wall Street in 30 years. Drawing parallels to the impact of S&P 500 ETFs, Saylor highlights the historical absence of a "high bandwidth" channel for mainstream investors to access Bitcoin, a gap he believes will be filled by spot ETFs.
Saylor predicts a dual impact on Bitcoin's market dynamics – a demand surge triggered by spot ETFs and an impending supply shock from the April halving event, reducing daily Bitcoin production from 900 to 450. While anticipating a substantial Bitcoin bull run in the coming year, Saylor refrains from specifying potential price increases.
Addressing concerns about a Bitcoin ETF diverting interest from MicroStrategy, often seen as a Bitcoin ETF proxy, Saylor underscores MicroStrategy's unique position as an operating company. Unlike ETFs, MicroStrategy can strategically leverage its cash flow for Bitcoin accumulation without imposing ownership fees, ensuring its resilience amid evolving market dynamics. In essence, Saylor envisions spot Bitcoin ETFs reshaping the crypto landscape, setting the stage for a significant bull run while emphasizing MicroStrategy's distinct advantage in navigating these changes.
#BTC
Bitcoin Spot ETF Biggest Development on Wall Street in Last 30 Years, Says Michael Saylor
A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.
MicroStrategy's Executive Chairman, Michael Saylor, asserts that the upcoming spot Bitcoin exchange-traded funds (ETFs) could be the most significant development on Wall Street in 30 years. Drawing parallels to the impact of S&P 500 ETFs, Saylor highlights the historical absence of a "high bandwidth" channel for mainstream investors to access Bitcoin, a gap he believes will be filled by spot ETFs.
Saylor predicts a dual impact on Bitcoin's market dynamics – a demand surge triggered by spot ETFs and an impending supply shock from the April halving event, reducing daily Bitcoin production from 900 to 450. While anticipating a substantial Bitcoin bull run in the coming year, Saylor refrains from specifying potential price increases.
Addressing concerns about a Bitcoin ETF diverting interest from MicroStrategy, often seen as a Bitcoin ETF proxy, Saylor underscores MicroStrategy's unique position as an operating company. Unlike ETFs, MicroStrategy can strategically leverage its cash flow for Bitcoin accumulation without imposing ownership fees, ensuring its resilience amid evolving market dynamics. In essence, Saylor envisions spot Bitcoin ETFs reshaping the crypto landscape, setting the stage for a significant bull run while emphasizing MicroStrategy's distinct advantage in navigating these changes.
#BTC
#ACE
Acent’s price at the same time last week was $0.0066. It has moved by 378.28 % in the past week and is currently at $0.03. Infact, in the past 24 hours, ACE has dumped by -16.40 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and ACE could hit $0.0097 in 2024.
The total circulating supply of Acent as of writing this article was $119521619.03 and the market cap of ACE remains at $3,555,379
Acent Price Prediction
Acent has had an eventful 2021. To simplify the latest ACE price prediction, we have divided up the prediction by short term Acent price prediction and long term Acent price prediction. As of writing this article, ACE had a trading volume of 4,667,240. Acent has gone up by 597.30% in the past 30 days.
Acent’s price at the same time last week was $0.0066. It has moved by 378.28 % in the past week and is currently at $0.03. Infact, in the past 24 hours, ACE has dumped by -16.40 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and ACE could hit $0.0097 in 2024.
The total circulating supply of Acent as of writing this article was $119521619.03 and the market cap of ACE remains at $3,555,379
Acent Price Prediction
Acent has had an eventful 2021. To simplify the latest ACE price prediction, we have divided up the prediction by short term Acent price prediction and long term Acent price prediction. As of writing this article, ACE had a trading volume of 4,667,240. Acent has gone up by 597.30% in the past 30 days.
BONK's Surge Elevates Solana Saga Phone Prices to $2K
In an unexpected turn of events, the recent surge in BONK prices has sent shockwaves through the tech market, notably impacting the pricing of the sought-after Solana Saga Phone. Riding the momentum of BONK's rise, the smartphone's value has soared to an impressive $2,000.
The dynamic nature of cryptocurrency markets is once again on display, with enthusiasts and tech followers closely monitoring the convergence of digital currency and tangible tech assets. The Solana Saga Phone, renowned for its cutting-edge features, has found itself at the forefront of this unique trend.
BONK's surge, characterized by market speculation and increased adoption, has become a driving force behind the remarkable appreciation in the Solana Saga Phone's market value. This intriguing interplay between digital currencies and real-world products highlights the evolving dynamics of the digital economy.
Experts are delving into the factors contributing to this surge, exploring the relationship between BONK's market momentum and the smartphone's newfound premium. As the cryptocurrency landscape continues to shape traditional industries, the $2,000 price tag on the Solana Saga Phone signifies a tangible manifestation of this transformative influence.
This instance prompts broader questions about the lasting impact on both the cryptocurrency market and the tech industry. Is the convergence of digital and physical assets a harbinger of future trends, or does it stand as a singular moment in the ongoing evolution of cryptocurrencies?
As stakeholders navigate these uncharted waters, the narrative of BONK's surge and the Solana Saga Phone's price escalation emerges as a compelling storyline. It not only reflects the symbiotic relationship between virtual currencies and tangible products but also underscores the captivating nature of the digital economy's perpetual ebb and flow.
#BONK
In an unexpected turn of events, the recent surge in BONK prices has sent shockwaves through the tech market, notably impacting the pricing of the sought-after Solana Saga Phone. Riding the momentum of BONK's rise, the smartphone's value has soared to an impressive $2,000.
The dynamic nature of cryptocurrency markets is once again on display, with enthusiasts and tech followers closely monitoring the convergence of digital currency and tangible tech assets. The Solana Saga Phone, renowned for its cutting-edge features, has found itself at the forefront of this unique trend.
BONK's surge, characterized by market speculation and increased adoption, has become a driving force behind the remarkable appreciation in the Solana Saga Phone's market value. This intriguing interplay between digital currencies and real-world products highlights the evolving dynamics of the digital economy.
Experts are delving into the factors contributing to this surge, exploring the relationship between BONK's market momentum and the smartphone's newfound premium. As the cryptocurrency landscape continues to shape traditional industries, the $2,000 price tag on the Solana Saga Phone signifies a tangible manifestation of this transformative influence.
This instance prompts broader questions about the lasting impact on both the cryptocurrency market and the tech industry. Is the convergence of digital and physical assets a harbinger of future trends, or does it stand as a singular moment in the ongoing evolution of cryptocurrencies?
As stakeholders navigate these uncharted waters, the narrative of BONK's surge and the Solana Saga Phone's price escalation emerges as a compelling storyline. It not only reflects the symbiotic relationship between virtual currencies and tangible products but also underscores the captivating nature of the digital economy's perpetual ebb and flow.
#BONK
BONK’s Current Status: BONK price is trading at $0.00003067, boasting a $1.8 billion market cap and 60.8 trillion BONK circulating, with a bullish sentiment and notable 58.2% volatility.
Market Performance: BONK price has surged 15,500% since 2023’s start, with significant spikes in recent periods, trading at ATH levels and displaying optimistic sentiment.
Technical Analysis: BONK price is trading well above key indicators, suggesting further upward movement backed by strong community support.
BONK Price Predictions: Expected ranges for 2024 to 2030 show optimistic trajectories based on current bullish momentum.
Future Outlook: Ongoing bullish trends hint at potential short to medium-term growth, buoyed by positive market sentiment and community backing.
BONK is the latest that has gone completely “bonkers” (iykyk). BONK price has rallied nearly 15500% since the beginning of 2023, over 150% in the past seven days, and nearly 110% in the past 24 hours alone (according to data from
BONK price has been rallying, backed by a host of positive news, optimism in the crypto market, and Fed’s dovishness in the recent FOMC meeting earlier this week.
BONK price is currently trading in uncharted territory, creating new all-time highs on every jump and thus has the potential to carry on this rally, as we have seen with other when they create ATHs.
BONK price is trading well above all technical indications, far beyond both its 50-day and 200-day EMAS and also the Fibonacci pivot points. Thus, the sky remains open for this token as long as the community backing it is able to keep up the hype.
Market Performance: BONK price has surged 15,500% since 2023’s start, with significant spikes in recent periods, trading at ATH levels and displaying optimistic sentiment.
Technical Analysis: BONK price is trading well above key indicators, suggesting further upward movement backed by strong community support.
BONK Price Predictions: Expected ranges for 2024 to 2030 show optimistic trajectories based on current bullish momentum.
Future Outlook: Ongoing bullish trends hint at potential short to medium-term growth, buoyed by positive market sentiment and community backing.
BONK is the latest that has gone completely “bonkers” (iykyk). BONK price has rallied nearly 15500% since the beginning of 2023, over 150% in the past seven days, and nearly 110% in the past 24 hours alone (according to data from
BONK price has been rallying, backed by a host of positive news, optimism in the crypto market, and Fed’s dovishness in the recent FOMC meeting earlier this week.
BONK price is currently trading in uncharted territory, creating new all-time highs on every jump and thus has the potential to carry on this rally, as we have seen with other when they create ATHs.
BONK price is trading well above all technical indications, far beyond both its 50-day and 200-day EMAS and also the Fibonacci pivot points. Thus, the sky remains open for this token as long as the community backing it is able to keep up the hype.
$SHIBA INU and DOGECOIN:
The two cryptocurrencies that have taken the biggest chunk of the social media conversations amongst crypto enthusiasts. Due to the low price, Shiba Inu has been the biggest attraction for early investors. So, how high can Shiba Inu go? Will SHIB reach $1? Will it make investors happy? Will SHIB make the investors millionaires or not?
Shiba Inu Price Prediction 2023
Based on our Shiba Inu coin price prediction 2023, the token may trade at a maximum of $0.0000220, while the minimum price may be somewhere around $0.00000885.
Shiba Inu Price Prediction 2025
Based on the past performance and SHIB price prediction, the token will trade in a range of $0.0000227 to $0.0000326, where the former is the potential lowest price and the latter is the potential high value for the entire year.
Shiba Inu Price Prediction 2030
By the time we reach 2030, the SHIB crypto might have reached the maximum price of $0.0001204, while the minimum price may be around $0.0000836, based on our Shiba Inu price prediction.
The two cryptocurrencies that have taken the biggest chunk of the social media conversations amongst crypto enthusiasts. Due to the low price, Shiba Inu has been the biggest attraction for early investors. So, how high can Shiba Inu go? Will SHIB reach $1? Will it make investors happy? Will SHIB make the investors millionaires or not?
Shiba Inu Price Prediction 2023
Based on our Shiba Inu coin price prediction 2023, the token may trade at a maximum of $0.0000220, while the minimum price may be somewhere around $0.00000885.
Shiba Inu Price Prediction 2025
Based on the past performance and SHIB price prediction, the token will trade in a range of $0.0000227 to $0.0000326, where the former is the potential lowest price and the latter is the potential high value for the entire year.
Shiba Inu Price Prediction 2030
By the time we reach 2030, the SHIB crypto might have reached the maximum price of $0.0001204, while the minimum price may be around $0.0000836, based on our Shiba Inu price prediction.
Claim 1 Dollar Gift 🎁 The Bitcoin price is $41,872.96, a change of 1.41% over the past 24 hours as of 9:26 p.m. The recent price action in Bitcoin left the tokens market capitalization at $819,405,104,244.71. So far this year, Bitcoin has a change of 150.57%. Bitcoin is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
Bitcoin is the world’s first decentralized cryptocurrency – a type of digital asset that uses public-key cryptography to record, sign and send transactions over the Bitcoin blockchain – all done without the oversight of a central authority.
The Bitcoin network (with an upper-case “B”) was launched in January 2009 by an anonymous computer programmer or group of programmers under the pseudonym “Satoshi Nakamoto.” The network is a peer-to-peer electronic payment system that uses a cryptocurrency called bitcoin (lower case “b”) to transfer value over the internet or act as a store of value like gold and silver.
Each bitcoin is made up of 100 million satoshis (the smallest units of bitcoin), making individual bitcoin divisible up to eight decimal places. That means anyone can purchase a fraction of a bitcoin with as little as one U.S. dollar.
Bitcoin is the world’s first decentralized cryptocurrency – a type of digital asset that uses public-key cryptography to record, sign and send transactions over the Bitcoin blockchain – all done without the oversight of a central authority.
The Bitcoin network (with an upper-case “B”) was launched in January 2009 by an anonymous computer programmer or group of programmers under the pseudonym “Satoshi Nakamoto.” The network is a peer-to-peer electronic payment system that uses a cryptocurrency called bitcoin (lower case “b”) to transfer value over the internet or act as a store of value like gold and silver.
Each bitcoin is made up of 100 million satoshis (the smallest units of bitcoin), making individual bitcoin divisible up to eight decimal places. That means anyone can purchase a fraction of a bitcoin with as little as one U.S. dollar.
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