As of yesterday, Ripple Labs Inc.'s CEO, Brad Garlinghouse, announced that SEC intends to charge $2 billion in fines and penalties against the company regarding allegations related to trading of XRP. More details will be publicly released over the next month. It seems like XRP is doomed to fail, or majorly underperform compared to other altcoins this cycle. The legal pressure on the token, alongside slow ecosystem developments and up-side for reward/return is low. It has stayed among the Top 10
Don't be fooled into believing that $BOME was the sole success story; that's nonsense. Avoid the regret of not purchasing at launch. Initially, only insiders who are promoting it now had access, and they're likely to sell off now that it's on Tier 1 exchanges. The narrative that there's only one winner is often spun to trap you for future gains at your expense. In reality, when a massive surge occurs, it's not just one but typically 3-5 others that also perform remarkably well – maybe not to th
XRP showcased a bullish continuation pattern, illustrating a classic bull flag formation often seen in strong uptrends. A key confirmation will be its ability to surpass the $0.75 resistance level, a major threshold I've highlighted repeatedly. A breakthrough of $0.75 could swiftly lead to $1.33. March is pivotal for XRP. Anticipate the largest green monthly candlestick this cryptocurrency has ever produced. Once we surge beyond $1, expect widespread FOMO, with discussions on ETFs, its role as a
When Bitcoin surpassed its previous all-time high of $20,000, the Weekly Relative Strength Index (RSI) stood at 87. Over the next four months, it surged by 232%. The initial decline happened after Bitcoin doubled to $40,000, leading to a 30% pullback. Currently, Bitcoin's weekly RSI mirrors this earlier peak at 87. This comparison is promising and should be seen as a positive sign. It's not to suggest that history will repeat itself exactly, but rather to highlight a common oversight: underestim
This is the last few months to accumulate in the bull market before we pop off to ATHs
Being on the sidelines during a bull market can feel extremely disappointing. Yet, there's a convincing argument to be made that it's not too late to engage, particularly for those looking to experience the most dramatic increases of the cycle. The key is to overcome hesitation and act promptly. As of now, Bitcoin's ascent has been impressive, and despite how improbable it may seem, there remains a window of opportunity to enter the market. The necessity for immediate action is underscored, with
ETH surpasses the $3K mark Since before February, this milestone was last achieved in April 2022. Is it possible we'll witness a gradual ascent leading up to the tentative approval date for the ETH ETF on May 31st? Polymarket currently estimates a 45% likelihood of approval. Factoring in Blast rewards and various other airdrops, the first half of 2024 could conclude with significant momentum.
The reduction in ETH supply can be attributed to the implementation of fee burning mechanisms combined
Crypto experienced unprecedented expansion last year, propelled by the introduction of Bitcoin ETF Spot and innovations such as LSDfi, AI, Layer 2 technologies, Airdrop/Retroactive mechanisms, Telegram Bots, and GameFi. As 2024 dawns, marking the advent of a new market cycle and the anticipated Bitcoin Halving in April, speculation abounds regarding the future of the crypto sector. This article outlines five key predictions for the crypto market in the forthcoming year. 1. The NFT sector is expe
7 tips to stop blindly following influencers online especially when it comes to trading
1) Every investment decision you make is your responsibility. Blindly following others' advice without forming your own opinion or applying critical thought is risky. This approach not only prevents you from refining your investment skills but also increases the likelihood of financial losses in the future. 2) There's a noticeable increase in misunderstandings in discussions, and many experienced figures in the community appear worn out, whether they express it publicly or in private. This sugge
Seeing all the recent craze over AltLayer after it's farming on Launchpool, but still don't know why people are buying $ALT ? Here's my ELI5 breakdown of the project!
1. Introduction to AltLayer: AltLayer is a protocol specifically designed for rollups, which are solutions in blockchain technology that help in scaling by handling transactions off the main Ethereum chain (Layer 1) and then posting the data back to it. AltLayer's role is to streamline and enhance this process. 2. AltLayer's Produc
In the upcoming week, Solana is set to witness its largest airdrop to date, focusing on the $JUP token. As the crypto community eagerly anticipates this event, here's an insightful analysis on the potential trajectory of $JUP and strategies for engaging with the airdrop.
Jupiter, since its inception in 2021, has been committed to crafting the finest decentralized trading experience within the Solana ecosystem. It accomplishes this by integrating a variety of DeFi functionalities into a unified
If you're currently experiencing strong emotions, it might be a sign that your belief in your holdings isn't strong enough. True conviction isn't developed by merely mimicking others' investment choices. Gaining conviction is a process that requires time, thorough research, and a well-defined investment thesis. Without this conviction, market volatility will always be a threat, potentially leading you to hastily sell your assets. Experiencing the full benefits of altcoins requires the conviction
Think of this as a reality check, especially if you've been tempted by fleeting trends promoted by key opinion leaders (KOLs). Look at KUJI's chart.
It's often smart to step back, examine important data, and regain a broader perspective to avoid: - Getting unsettled by short-term market fluctuations. - Engaging in risky speculation driven by KOLs' 100x memes, which statistically leaves 90% on the losing side. - Pursuing fleeting gains and incurring significant transaction fees on platforms like
$SOL had its time in the spotlight, but $SEI is the emerging blockchain star, having surged by 700% in just two months. It's still early days for $SEI , and there's tremendous potential for growth, especially with new, low-cap projects on the horizon. Here's a rundown of six $SEI projects that could offer significant returns in 2024: 1. Kryptonite Finance ($SEILOR): This project focuses on Sei Liquid Staking, where you can stake $SEI for $stSEI. With a current market cap of $35M, it has room to
The BRC20 token standard, an experimental protocol on the Bitcoin Blockchain, is gaining traction in the cryptocurrency world. These tokens use ordinals to encode and decode data such as texts and images within Bitcoin transactions. While BRC20 presents exciting possibilities, it currently faces limitations, especially when compared to the more established ERC20 token standard.
BRC20 tokens currently do not support the creation of a decentralized finance (DeFi) ecosystem due to their limited f
Trending RWA Projects That May Launch a Token Soon: How To Get in Early?
Real-world asset (RWA) projects are increasingly gaining traction in the cryptocurrency market, showing promise of capturing a significant market share in the next couple of years. The launch of tokens in these projects during a bull market phase can lead to substantial gains, sometimes ranging from 30 to 100 times their initial value.
The RWA sector is attracting the attention of institutional investors, who have the capability to introduce a large number of new participants into the market.
Missed $WIF and $BONK gains? Here Are Some Memecoins That Could Skyrocket Your Portfolio!
Remember that guy who transformed a mere $300 into a whopping $100,000+ on $WIF? He now has more than that, since WIF increased in price. This remarkable feat highlights the potential of lowcap tokens and memecoins, where fortunes are seemingly conjured from thin air.
During the current frenzy of memecoin trading, missing out isn't an option for the astute investor. Social media is abuzz with anecdotes of individuals who've turned a $1,000 bet into substantial wealth, even if they didn't jump i
INJ at $39 is OVERVALUED: Hype is due to shitcoiners and market manipulation
I compared INJ when it just hit $22 last week, and it is even more wilder now. Let me dive in below, but first, let's explain the context... It is undeniable that there are claims and speculations in the crypto community suggesting that 'INJ is being manipulated by their VCs & market makers.' This perception has raised questions about the current valuation of Injective Protocol ($INJ ), especially when compared with its Total Value Locked (TVL) and the scope of its protocols. With a TVL of merel
Hottest Memecoins That Could Yield You Huge Profits
The impact of memecoins on the market is significant and should not be underestimated. They have demonstrated the potential for enormous returns, as seen in the cases of $BONK , $COQ, and $SATS, where investors have seen returns ranging from 8,600% to 30,000%. The allure of turning a small investment into a substantial sum is quite compelling.
Take, for instance, the case of $BONK . An initial airdrop of 552M tokens, initially valued at around $8, surged to an impressive ~$12,000. Similarly, had
Curious To Know What VCs Are Buying? List of Cryptocurrencies Delphi Digital Are Investing In!
Delphi Digital makes millions by investing in crypto startups. This year alone they invested in 15 companies & tracking their investments helps us spot new narratives. Here is the complete list of Delphi_Digital investments in 2023!
1. Injective_: Injective is one of the most hyped DeFi Ecosystems of this cycle. In January, they raised $150M to accelerate their interoperability & DeFi infrastructure. The money will be used to fund projects building on the Injective -airdrops season incoming?
DePin Ecosystem & Projects To Keep A Look Out for In 2024 - Potential Crypto Narrative
The secret to the next 100x lies in real-world integration! Decentralized Physical Infrastructure is crafted to do just that. Check out some DePIN ecosystem and projects that can bring massive gains in 2024-2025.
➜ DePIN stands for Decentralized Physical Infrastructure Networks It represents a novel approach to constructing and managing physical infrastructure This term encompasses a wide range of systems, including Wi-Fi access points in wireless nets or solar batteries in energy grid.