Crypto-Maryam

Crypto market’s weekly winners and losers – TON, RNDR, BONK, CORE

Toncoin, Render, and Akash Network had the biggest gain in the past week.
Core, Bonk, and Pendle were the biggest losers in the past week.
This week, Toncoin [TON] emerged as the top gainer, leading the charge among cryptocurrencies. Other notable gainers included AI and computing-related tokens, which also performed well in the market.

However, the charts indicated that the trend of meme coins has subsided, at least for now.

Bonk [BONK] was highlighted as one of the biggest losers over the past week, signaling a downturn for meme coins in the current market conditions.

Biggest winners

Toncoin

AMBCrypto’s analysis of Toncoin’s price movement revealed a steady climb throughout the week, starting at approximately $5.9 on the 5th of May and reaching around $6.8 by the 11th of May.

CoinMarketCap’s data indicated a 24.35% increase over the past seven days, positioning TON as the top gainer for the week. Toncoin surpassed $7 at one point before settling around $6.8 at week’s end.

As of this writing, TON was trading at around $6.9, boasting a market capitalization exceeding $24 billion.

However, its trading volume has decreased by over 60% and was around $267.5 million at the time of this writing.
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2015 - You missed $XRP
🔴 2016 - You missed $ETH
🔴 2017 - You missed $ADA
🔴 2018 - You missed $BNB
🔴 2019 - You missed $LINK
🔴 2020 - You missed $DOT
🔴 2021 - You missed $SHIB
🔴 2022 - You missed $GMX
🔴 2023 - You missed $BONK
🟢 In 2024, don't miss $____
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🛑News
Coins
BTC Volatility a Sign Traders Are Second Guessing Bitcoin Halving Positions: Beam CEO
Bitcoin volatility is a sign that traders are second guessing whether they've priced in the next BTC halving, said Beam CEO Andy Bromberg.
Much of the recent Bitcoin volatility is a sign that traders are second-guessing whether they've priced in the upcoming halving—and it's entirely normal, Beam CEO Andy Bromberg told Decrypt.
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Binance CEO Richard Teng Reveals End-of-Year BTC Price Prediction, Says Bull Market Just Getting Started: Report
Binance CEO Richard Teng is predicting that Bitcoin (BTC) could reach a new all-time high by the end of this year, according to a Bloomberg report.

The report says that Teng sees Bitcoin exceeding $80,000 after earlier estimating that the flagship crypto asset would close 2024 at around that price.

According to the report, Teng’s bullish prediction for Bitcoin is premised on the fact that supply is falling while demand is “continuing to come through”.

Bitcoin is trading at $63,100, down by around 14% from the all-time high of $73,802 reached earlier this month. Since the start of the year, Bitcoin is up by around 50%.

Per the report, Teng is forecasting that a Bitcoin rally will not occur in a “straight line” and that corrections will be beneficial for the market.

Teng stepped into the top Binance executive role after the crypto exchange’s founder Changpeng Zhao resigned as CEO following accusations of flouting anti-money laundering laws.

Days after taking over from Zhao, Teng disclosed that he intended to position the giant crypto exchange for more growth while ensuring regulatory compliance. At the time, Teng said that the crypto exchange’s business fundamentals were “very strong”.

“Binance continues to operate the world’s largest crypto exchange by volume, our capital structure is debt-free, expenses are modest, and, despite the low fees we charge our users, we have robust revenues and profits.”

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Shiba Inu Burns Millions of SHIB Tokens, Aiming for Rarity Amidst Price Volatility
Recent data from the Shibburn tracker reveals a significant amount of Shiba Inu (SHIB) meme coins has been permanently removed from circulation.

In the last 24 hours, a combined effort from the SHIB community has successfully transferred 28,709,351 SHIB coins to a dead wallet, making them inaccessible and effectively reducing the total supply.

This was accomplished through six dedicated transactions, with the two largest transfers removing 21,657,489 and 6,824,773 SHIB coins respectively.

This action represents a step towards making Shiba Inu a rarer asset in the cryptocurrency market.

The SHIB army’s initiative to burn these coins demonstrates a commitment to increasing the value of their preferred cryptocurrency by decreasing its availability.

In parallel with the coin burn, the Shiba Inu cryptocurrency has experienced significant price movements.
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Pressure Mounts on Biden to Assist in Release of Detained Binance Executives
There has been mounting pressure on the Biden administration to intervene and secure the release of the detained Binance executives.

The administration is facing increasing calls to take swift action in securing the release of Tigran Gambaryan, a Binance executive and former U.S. federal agent, and another Binance executive, Nadeem Anjarwalla, who have been detained by the Nigerian government since February 26, 2024.

The U.S. Chamber of Digital Commerce made an appeal through a blog post on its website on March 15, leading the charge for urgent diplomatic intervention to address what it deems a grave injustice.
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Ethereum (ETH), Shiba Inu (SHIB) and Furrever Token (FURR): A Cryptocurrency Guide to Exceptional Gains
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In the volatile landscape of the cryptocurrency market, Ethereum (ETH) finds itself navigating a minor dip amidst notable whale activity, marking a departure from its recent steep ascent that saw it breach the $4,000 barrier. Concurrently, Shiba Inu (SHIB) experiences pressure, facing a slight downturn and losing 15% of its value over the past week. However, amidst these fluctuations, Furrever Token (FURR) emerges as a beacon of success, as its presale surges forward, breaking records with the swift conclusion of its third stage. This trifecta of developments underscores the dynamic nature of the crypto space, with each token responding uniquely to market forces.

Ethereum (ETH) Faces Downturn Amidst BTC Whales’ Selling Spree, Still Can Recover
Ethereum (ETH) is currently trading around $3,712, marking a modest 1% increase over the past 24 hours. However, this uptick comes amidst a period of decline for ETH, following its recent peak above the $4,000 mark. The downturn in Ethereum’s price trajectory could be attributed to the temporary pause in the rally of Bitcoin (BTC), a key influencer in the broader cryptocurrency market. This pause in BTC’s momentum coincides with reports of whales offloading over $600 million worth of BTC in a relatively short period, adding selling pressure to the market.

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Analysis Company Reveals Identity of Wallet That Continuously Purchases Bitcoin at 100 by 100 BTC
Cryptocurrency analysis company Arkham shared details about a whale whose identity is curious in its statement.

Continue Reading: Analysis Company Reveals Identity of Wallet That Continuously Purchases Bitcoin at 100 by 100
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Here’s why Bitcoin is likely to hit another record high by the end of March.
After Bitcoin attained an all-time high of above $73,000, the market has been on edge regarding the next step.
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Trader Says Large-Cap Ethereum Rival To Explode by Over 180% This Cycle, Updates Outlook on Floki and Chainlink
A widely followed analyst and trader is offering his forecast on three crypto assets. Starting with the fifth-largest crypto asset by market cap, the analyst pseudonymously known as Inmortal tells his 209,800 followers on the social media platform X that Solana (SOL) could replicate its rival Ethereum’s (ETH) explosive rally from early 2020 to late
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🛑🛑Bitcoin Coinbase Premium Turns Deep Red: Reason Behind Crash?
Data shows that Bitcoin Coinbase Premium has plunged into the red territory, which may explain why the asset’s price has crashed to under $68,000. Bitcoin Coinbase Premium Index Has Turned Red As explained by the on-chain analytics firm CryptoQuant in a post on X, the BTC Coinbase Premium Index dropped into negative territory just hours
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Meme Coin Frenzy: PEPE Surges Over 840%, Creating New Millionaires in the Crypto World
As of March 14, 2024, PEPE broke new ground by exiting a consolidation phase it had been in over the past five trading days and hitting a new all-time high at $0.0000108.
In the rapidly evolving cryptocurrency market, meme coins like DOGE, SHIB, PEPE, and others have been capturing significant attention, particularly in a bullish phase.

Among these, PEPE, the third-largest meme coin by market cap, has notably stood out with an extraordinary performance.

In the last month alone, it has seen an astounding surge of over 840%, drawing considerable interest from investors and traders alike.

As of March 14, 2024, PEPE broke new ground by exiting a consolidation phase it had been in over the past five trading days and hitting a new all-time high at $0.0000108.

This breakout led to a further increase of over 14%, with the coin’s price stabilizing around $0.0000105. Experts analyzing PEPE’s market behavior consider it bullish post-breakout, suggesting potential for further gains.

They predict that if PEPE can maintain its position above the $0.0000105 level, it could climb to $0.000014 in the near future.

However, they also caution about the possibility of a correction or consolidation period, considering the coin’s recent substantial gains

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