💵 EIGEN = 4 USD EIGEN jest notowany na Binance, obecnie ce | TopCryptoNews na Binance Square

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💵 EIGEN = 4 USD
EIGEN jest notowany na Binance, obecnie cena oscyluje wokół 4 USD.
Ponieważ minimum w pierwszym sezonie wynosiło 100 tokenów, to w zasadzie dobry drop można było zdobyć na farmie kont
#EIGENonBinance  #eigen  

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📣 Is It Altcoin Season? Here’s Why ETH Price Surge Is Crucial Altcoin season speculation mounts as altcoins such as Solana and XRP saw massive price rallies. QCP Capital reports on looming ETH price. Cryptocurrencies like Solana (SOL), XRP, Cardano (ADA), Tron (TRX) are taking charge with 15-90% gains over the past weekend. As Bitcoin and Ethereum moved sideways amid the altcoins pump, it has raised speculation about whether it is altcoin season. However, this rally remains incomplete without the ETH price surge as the world’s largest altcoin takes some rest at $3,000. 🔸 When Will the Altcoin Season Start? The real rally hasn’t yet started! Historically, altcoins have outperformed during consolidation phases following major rallies in BTC and ETH, as profits rotate into smaller-cap coins. QCP Capital noted that BTC dominance currently sits around 60% but would need to drop below 58% to confirm the start of an altcoin season. In its report, QCP Capital shows that the Solana price has witnessed a quick uptick over the last weekend gaining 17%, and is holding up to the crucial resistance of $240. Analysts at QCP noted that the pro-crypto stand of the Donald Trump administration has triggered a euphoria for an impending altcoin season. They also added that the BTC price eyes $100K amid favorable conditions. However, as the Trump administration resumes office in January, the investor appetite for altcoins could increase with the hope of favorable crypto policies. Despite Bitcoin ETF outflows last Thursday and Friday, BTC maintains robust support, driven by institutional interest. Furthermore, top corporations like MicroStrategy and Metaplanet have continued with massive Bitcoin purchases even at $90,000 levels. #Altcoin #Altcoins

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📊 3 Understated Signs Suggest Cardano ($ADA ) Price Risks Falling Below $0.70 Recently, Cardano (ADA) attempted to reach $0.80 but fell short, with its price now at $0.75. This decline has sparked concerns about its short-term prospects. These concerns might be valid, especially as this on-chain analysis suggests that ADA could slip lower than it has in recent times. 🔸 Cardano Liquidity Concentration Goes Lower The liquidation heatmap is one key indicator suggesting that ADA’s price could decrease. For context, the heatmap pinpoints price levels where large-scale liquidations might occur. The indicator also identifies price levels with a high concentration of liquidity. When liquidity is concentrated in a specific area, it often signals that the price is likely to move toward that region. On the liquidation heatmap, this is represented by a color shift from purple to yellow, indicating higher liquidity. Further, the one-week liquidation heatmap for Cardano reveals that the concentration has shifted to $0.69. Based on this observation, ADA’s price could potentially drop from $0.75 to $0.69 in the short term, aligning with the prevailing market conditions. Another indicator supporting the potential decline in Cardano’s price is the drop in trading volume. On November 16, Cardano’s volume was nearly $6 billion. However, according to on-chain data from Santiment, it has since dropped significantly to $1.78 billion. Trading volume measures investor interest by measuring the total value of tokens exchanged within a specific timeframe. Rising volume indicates heightened interest and activity, often leading to an upward price surge. Conversely, a decline in volume suggests waning interest. If reversed, this could have averted another Cardano price decrease. Therefore, the notable drop in Cardano’s volume, combined with its recent price decline, signals reduced demand and increases the likelihood of further price depreciation in the short term. #ADA #Cardano

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🚀 Mantra ($OM ) Secures New All Time High with 191% Surge The crypto market is moderately bullish, with the total market cap settled at $3.09 trillion. The largest cryptocurrency, Bitcoin, trades at $91.8K. The asset’s dominance led the altcoins to surge. While Ethereum (ETH) rests at the $3.1K mark. Investors are focusing on the promising altcoins, as the alt-season is looming. Among the altcoins, MANTRA (OM) has hit its all-time high at $4.47 and is listed in the top five gainers. The asset’s positive outlook with a 25.52% gain drove it to trade higher for the day. As of writing, OM is traded at $4.18 with a market cap of $3.73 billion. During this timeframe, CMC data revealed that Mantra’s daily trading volume was $769 million. Meanwhile, the asset has witnessed a 24-hour liquidation of $7.64 million. Over the past seven days, Mantra has gained over 191%. It began trading at $1.39. The mid-week high is marked at $1.84, and the asset steadily soared to the current price levels. On the other side, a whale has deposited 600K OM worth $2.55 million to Binance. The whale had previously withdrawn 1.49 million OM in June 2023. With 889K Mantra valued at $3.76 million still held, its estimated profit stands at $6.26 million. Notably, whale activity has increased as the asset’s price hikes. As per on-chain data, on Nov 16, a whale withdrew 1.2 million OM from Binance. The whale’s estimated profit now stands at $36.94 million. 🔸 Can OM Keep Its Bullish Trend Alive? OM’s Moving Average Convergence Divergence (MACD) line rests above the signal line, inferred by the four-hour technical chart. It suggests the upside pressure and an impending positive sentiment. Besides, the Chaikin Money Flow (CMF) indicator is located at 0.21, indicating a positive money flow with buyers steering the market. Meanwhile, the trading volume of OM has surged by over 33.85%. According to analysts, if the asset’s positive sentiment remains strong, it can effortlessly break the all-time high. #OM #Mantra

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🐸 PEPE Price Could 10x: Why This Meme Coin is Gaining Traction After closing above the prior all-time high (ATH) last week, frog-themed meme coin, Pepe (PEPE), has confirmed a new rising trend. The mid-cap meme coin, with a fully diluted valuation of about $8.8 billion and daily traded volume of around $4.8 billion, rallied over 150 percent in the last two weeks, thus entering its much-awaited price discovery phase. Having consolidated more than seven months, the PEPE price is now well bolstered to rally exponentially in the coming months. Moreover, the meme coin industry is expected to lead in the upcoming altcoin season, which will be triggered by a major drawback of Bitcoin’s weekly dominance. 🔸 Why is #PEPE Price Moving Ahead of Others? As a top-rated meme coin on the Ethereum ecosystem, with deep liquidity on various DeFi protocols, Pepe has attracted more investors in the recent past. Moreover, Dogecoin (DOGE), the largest meme coin, broke out of a multi-week bearish consolidation, thus signaling the onset of another meme season. Last week, the Pepe community received major support via the listing on top-tier cryptocurrency exchanges led by Coinbase Global Inc. (NASDAQ: COIN) and Robinhood Markets Inc. (NASDAQ: HOOD). 🔸 Short Term Target This leg up looks quite like in February. In just 40 days, price of $PEPE went more than 10x, from $0.000009 to $0.0001 in. If this repeats we might see $0.0009 by December 16. That would be quite a Christmas gift! 📈 With the Pepe shorts having converted to longs, which has strengthened the macro short squeeze, the Ether-based meme coin will continue to rally ahead. From a technical analysis standpoint, the PEPE price could be following a similar bullish breakout to the February 2024 rally. If such a scenario plays out, the PEPE price could easily make a 10x from the recent bullish breakout towards $0.0009. In the 1-hours time frame, Pepe price has been forming a potential bullish pennant, which could yield a rally toward a new ATH. #pepecoin

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📊 Hedera News: Trump’s Pick for SEC Chairman Might Be HBAR’s Own Brian Brooks SEC Chair Gensler, an obstacle to the US becoming a crypto hub, is expected to resign soon just as past SEC chiefs have after elections and to be replaced by Brian Brooks. While Trump committed to fire Gensler on the first day of his second term, he legally cannot do so without justification until Gensler’s term ends in 2026. Conversations surrounding the next U.S. Securities and Exchange Commission (SEC) chair have surged on social media, focusing on possible successors to Gary Gensler. Former Binance CEO, and board member of the Hedera Foundation, Brian Brooks has become a top contender on the increasingly short list for the next SEC Chair. As reported by CNF, Brian Brooks has been a prominent figure in the crypto industry, and has a strong background in financial regulations, having served as the Acting Comptroller of the Currency. In 2021, he briefly became the CEO of Binance.US but left after a few months due to strategic differences. He then joined Bitfury, a leading Bitcoin mining startup, as CEO. Throughout his career, Brooks has advocated for sensible cryptocurrency regulations and uses his expertise to help crypto companies with compliance issues. Other potential candidates to succeed Gary Gensler as SEC Chairman include Dan Gallagher, Chief Legal Officer at Robinhood, former SEC Commissioner Paul Atkins, and lawyer Brad Bondi. While former CFTC Chairman Christopher J. Giancarlo has downplayed rumors of his nomination, the other individuals remain strong contenders for the role, each with relevant experience in financial regulation and law. President-elect Donald Trump promised to remove Gensler on his first day in office if he does not resign by himself at the Bitcoin 2024 conference in Nashville this summer. One notable voice in this discussion is, Crypto Lawyer James Murphy, better known as MetaLawMan stated on X that former SEC leaders have typically announced their resignations within weeks of a new president being elected #HBAR #Hedera

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