In the world of blockchain technology and cryptocurrencies, development activities and community interaction are among the important indicators of the success of projects. Here are three altcoin projects that stand out in this context and their latest developments:
Chainlink($LINK ): Technical Advances and Market Performance Chainlink facilitates smart contracts with its decentralized oracle network and is making significant progress in its development efforts. Analysts note that LINK has successfully retested support levels, indicating an optimistic trajectory for the value of the project. Notably, analyst Inmortal sets an ambitious $34 price target for Chainlink.🚀
Cardano($ADA ): Increase in Development Activities and Social Interaction Cardano is showing a significant increase in development activities with its Proof-of-Stake Blockchain structure. There is also a huge rise in social interaction. According to LunarCrush, there has been a 131.7% increase in social creators and a 270.7% increase in social shares about Cardano over the past three months. Cardano's Total Locked Value (TVL) attracts attention by exceeding $600 million.🚀
Polkadot($DOT ): High Aims and Acquisition Opportunities Polkadot continues to attract the attention of both investors and developers with its interoperability and scalable multi-chain architecture. Analyst Trader XO considers Polkadot's current price as a buying opportunity and expresses optimism about the long-term potential of the project. Depending on market resilience and community growth, a rally to $12 or even $20 is predicted for Polkadot.🚀
Please evaluate this information based on your own research and risk tolerance.
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New Price Target for Bitcoin from Standard Chartered: $150,000
Banking giant Standard Chartered announced that it increased its target price for Bitcoin ($BTC ) to $150,000. The company expects this target to be achieved in 2024.
Market Situation and Bitcoin's Rise
The cryptocurrency market continues its recent bull trend. Bitcoin is trying to recover after the fluctuations experienced in recent days. It is currently hovering around $64,000.
Standard Chartered's Previous and Current Forecasts
Standard Chartered had previously predicted a price of $100,000 for Bitcoin. However, the company updated this forecast and predicted that Bitcoin could reach six-digit figures in 2024.
Impact of Spot Bitcoin ETFs
Behind this increase in Standard Chartered's price forecast lies large investments in spot Bitcoin ETFs recently launched in the US. The banking giant states that investments in these ETFs continue and the price of Bitcoin is thus positively affected.
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♦️Liquidation of $628 Million was Seen in the Cryptocurrency Market in 24 Hours. Bitcoin (BTC) liquidations reached approximately 215 million dollars, and Ethereum (ETH) liquidations reached 113 million dollars.
♦️$BNB Exceeds 640 USDT with 6.15% Increase in 24 Hours (Trading at 612 $ )
♦️Ethereum($ETH) Exceeds 3,700 USDT, Decreasing 4.68% in 24 Hours (Trading at 3,730 $ )
♦️The President of El Salvador Added $1 BTC to His Wallet.
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Predicted to Increase by 150% Amid Growing Interest in Shiba and Ecosystem Developments
Shiba Inu ($SHIB ) has attracted great attention recently and a significant price increase is predicted with ecosystem developments. This increase is based on its strong performance and the possibility of a potential break above key resistance levels. Additionally, developments such as the Shibarium layer-2 solution also increase interest in SHIB.
However, the price of Shiba Inu has been decreasing in the last few days. This is consistent with a broader correction in the cryptocurrency market in general. Bitcoin($BTC ), in particular, has fallen below $66,000 after recording all-time highs. This decline has affected many long-term investors. However, many analysts believe that the market will rise again in the near future and consider this correction a typical “buy the dip” opportunity.
Solana ($SOL ) price increased by 14% in the last 24 hours to $ 173.27 and the upward momentum in the cryptocurrency market continues. This impressive gain is part of an uptrend in which the value of SOL has increased significantly over the past month.
With Bitcoin($BTC ) reaching an all-time high, the cryptocurrency industry in general is trending upwards and $SOL is also joining this trend.🚀
The bullish sentiment in Solana's rally has increased investors' confidence in SOL's potential. At the same time, the announcement of the Israeli Shekel-backed stablecoin BILS, which will be launched using token extensions on Solana, further strengthened this bullish momentum.
This uptrend was confirmed by Solana recording a 25-month high📈. Analysts and traders are expressing bullish predictions for SOL, with some predicting a potential rise towards the $250 level.
So what do you think about Solana? Will it be able to surpass the 250💰 level?
Leading cryptocurrency Bitcoin ($BTC ) reached its all-time high (ATH), surpassing $🚀 $72,800. This strong performance added positivity to the crypto market. However, all eyes are now on Ethereum ($ETH ). Can Ethereum, the leader of altcoins, realize ATH in the coming days? Also, will Bitcoin be able to sustain above $70,000? Bitcoin (BTC) has to hold $70,000. Bitcoin, which rose to an all-time high of $72,800, is now trading around $71,700. The advance is still positive and as long as it holds above $70,000, things could go well. Wallets that hold Bitcoin for a long time have increased their profitability rate to over 90 percent. Therefore, a correction is expected for Bitcoin, which has made fresh ATH. In case of a possible correction, $70,000 can be used as a support point. This pullback may give the bulls a renewed appetite. If Bitcoin declines below $70,000, the $68,500 and $67,500 levels could be followed.
Bitwise analyst Year-End Price Prediction for Ethereum
Ethereum ($ETH ), which seems to have been overshadowed by Bitcoin ($BTC ) lately, may experience a significant change in 2024, according to Bitwise asset manager and crypto research analyst Juan Leon. Although Bitcoin has reached record highs, Leon believes the price of ETH could more than double this year. “The price of Ethereum could rise to between $8,000 and $10,000 this year, or even higher,” he said in a recent interview.
Solana (SOL), Pantera Capital offering Surpasses $150 amid surge in memecoin activity.
The price of Solana ($SOL ) jumped 19.5% in a short time, reaching over $150. This exciting surge began with the announcement by Bloomberg of Pantera Capital's plans to purchase $250 million of SOL tokens from FTX holdings. Investors are now wondering if SOL can continue its rapid rise and surpass the psychological barrier of $200.
Meanwhile, as the activity in Solana's DEXs increases, the rise of memecoins does not go unnoticed. Regardless of Pantera's offer, the move only covers a small portion of FTX's $5.9 billion holding of SOL tokens. However, this is increasing interest in Solana SPL memecoins. For example, on March 6, celebrity-inspired and poorly drawn token collections attracted attention in the market. This trend encourages investors to invest in new tokens and pushes developers to provide liquidity for their projects. In short, this fad is increasing the demand for SOL tokens and the usage of the DEX ecosystem.
Shiba Inu ($SHIB ) has had a dazzling performance in the crypto world in recent weeks. This meme coin managed to break into the top ten cryptocurrencies by market cap and briefly threatened to overtake Dogecoin. SHIB stands out as one of the most traded cryptocurrencies, especially during periods when market performance is at its highest.
According to the most recent data on CoinMarketCap, Shiba Inu's $5.5 billion trading volume supports its debut. This volume places Shiba Inu just behind $BTC , ETH , and $SOL in the rankings, excluding stablecoins.
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$100 Billion Claim for SHIBA. Target 500% Explosion!
Shiba Inu (SHIB) is a meme coin that has recently become a favorite of Turkish investors. It showed an incredible performance last month, jumping from $ 0.00001 to the dollar and remaining only 50 percent below its historical peak.
There are crypto analysts who believe that this coin will rise even higher, and I am one of them. Investors in the SHIB market also share this enthusiasm. Even Shytoshi Kusama, Shiba Inu's lead developer, supported an analyst's bullish prediction on social media.
The $AMP coin we shared on 31.12.2023 was able to achieve the rise we expected. At the end of 3 months, we achieved a profit of more than 90% by reaching the price of $AMP 0.006100, which we shared from the price of 0.003500. Congratulations to those who evaluated it. I have no doubt that there will be more to come.
It does not contain investment advice. These are my notes to myself.
I'm glad to talk to you about AEVO. AEVO was announced as the 48th project of Binance Launchpool. This is a great opportunity to bring a new and valuable project to the market and earn AEVO by staking BNB and FDUSD. Let me tell you what AEVO is and how you can join.
AEVO is a decentralized derivatives exchange platform. Supports options, perpetual futures, and other products in a single margin account. Thanks to off-chain matching and on-chain consensus, investors achieve high performance and low latency while benefiting from the security of Ethereum. AEVO offers the products that every type of investor needs. This means users will have a unique experience.
✨️AEVO's maximum token supply is 1,000,000,000 AEVO. ✨️The token rewards to be distributed at Launchpool are 45,000,000 AEVO. ✨️Initial circulation supply is 110,000,000 AEVO. ✨️To earn AEVO, you need to stake BNB or FDUSD. ✨️For staking (authentication) is required. ✨️There is a limit of 30 thousand AEVO for BNB and 7 thousand 500 AEVO for FDUSD. (Max hourly earnings)
Launchpool will start at 03:00 on March 8, 2024 and will last for 5 days. During this period, you will earn AEVO based on the tokens you staked. You can buy the AEVOs you earn hourly or in bulk at the end of the event. Launchpool is a flexible investment. You can start or stop staking at any time. You will automatically join Launchpool with your BNBs in the BNB Vault.
After Launchpool ends, AEVO will be listed on Binance on March 13, 2024 at 13:00. Trading will be opened with AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD and AEVO/TRY trading pairs. You can only buy AEVO from Binance Launchpool or Binance. You cannot get it from Web3 wallet. Beware of scammers trying to sell fake tokens with the same name.
For more information, see Binance's research report. $BNB
$AMP If the MACD level moves upwards from the blue line I have drawn and cuts the MACD signal upwards, the rise time begins. Since MACD is in a downward direction, I follow it. If the MACD moves upwards, a transaction can be considered. If the decline continues, the first support level is 0.003502. If it starts to rise, our first short-term resistance level will be 0.003659. An attempt to break through during the day failed. We are monitoring.