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SUI hit $2 price peak 🚀 Expectations have certainly been raised... #Sui
SUI hit $2 price peak 🚀
Expectations have certainly been raised...
#Sui
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DOGE trades near crucial support; Crypto expert eyes major ‘buy’ opportunity
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🟡 2 cryptocurrencies to reach $1 billion market cap in April 🔺 Worldcoin (WLD) Worldcoin (WLD) is on a mission to onboard one billion people into the Web3 space. Its unique distribution model incentivizes global adoption, potentially fueling substantial growth and propelling its market cap beyond $1 billion by the end of April. Significantly, the cryptocurrency has witnessed a surge in its user base, surpassing 10 million users in less than 12 months. Notably, the token benefits from its key selling point of aiming to establish a universal basic income. Users can register their identity using the “World App” by undergoing in-person eye scans. Moreover, the token could attract more users as its parent company recently endeavored to improve relations with regulators. Notably, Worldcoin has taken significant steps to enhance transparency by making much of its code open-source and undergoing a security audit, earning praise from industry stakeholders and alleviating previous concerns. At present, WLD boasts a market cap of $908.96 million. Consequently, the token requires an approximate 10% increase to surpass the threshold. 🔺 Conflux (CFX) Conflux (CFX) is a high-throughput blockchain tailored for various commercial applications. Originating from China, Conflux stands out for its regulatory compliance and potential to bridge traditional finance and the blockchain realm. In its journey toward a $1 billion market cap, Conflux will heavily lean on partnerships, even amidst the possibility of a bullish rally. Notably, the Chinese government initiated a new public blockchain platform dubbed the “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” with Conflux at the forefront. This initiative aims to foster greater collaboration across national borders, which is expected to bolster the token’s adoption. Currently, CFX boasts a market cap of $924.35 million, implying an 8% increase to reach the $1 billion milestone. $WLD $CFX #WLD #CFX
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Can Hong Kong’s spot Bitcoin ETFs boost BTC price?
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🟡 Why is crypto down today? Bitcoin sheds 4.3% in 24 hour trading. Bitcoin (BTC) has declined by 4.3% over the past 24 hours, resulting in a widespread collapse across the broader crypto market, as investors exit the market at breakeven on the back of the recent recovery push. The cryptocurrency market is witnessing a sharp decline following the latest rebound that saw multiple assets record double-digit gains. Bitcoin reclaimed the $66,000 price territory on April 15, with the global crypto market cap surging to $2.384 trillion. However, following the $66,867 high yesterday, BTC witnessed a subsequent collapse, dropping to the higher spectrum of the $61,000 threshold before staging a recovery from this floor. Despite the push above this level, Bitcoin witnessed a 4% decline in the past 24 hours, trading at $63,250 at the time of writing. Consequently, the crypto market has lost over $79 billion in valuation over the past day, with the global crypto market cap currently sitting at $2.243 trillion. One of the primary factors responsible for this sudden pullback is a surge in selloffs, as market participants rushed to exit the market at breakeven upon the rebound. Notably, total volume across the market increased to $121 billion yesterday, representing a growth in trading activity. During a market downturn, a surge in trade volume suggests an increase in selloffs. Despite a slight drop, volume has remained above the $100 billion mark, currently amounting to $112.7 billion. In addition, Coinglass data confirms that Bitcoin derivatives volume has increased by 10.31% in the last 24 hours to $98.1 billion as of press time, with the long/short ratio sitting at 0.9573. This figure indicates a confluence of increased derivatives trades and a predominant bearish sentiment. The prevailing bearish pressure has persisted despite the upcoming halving event, expected to bolster Bitcoin’s price action by reducing the daily inflation rate. $BTC #BTC #bitcoinhalving
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📣 The analyst who reported on the recent crash says XRP is set for a 3,000% rally. That's why On April 1, 2024, the famous cryptanalyst Egrag Crypto posted a tweet about the closing of the XRP Q1 candle. In a tweet, he stated that "Gateway to Valhalla" was above $0.75 and "Door of ValAd" was below $0.44. He also called on the XRP army to “stay stable” and take profits when necessary. On April 14, 2024, Egrag Crypto provided an update on its analysis. In the update, he admitted that his prediction of the range in which XRP could trade was accurate... $XRP #XRP
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