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New Memecoin Shiba on Cocaine (SHIBCOC) to Skyrocket 18,000% As KuCoin Listing Announced, As Shib...
Shiba on Cocaine is a new meme coin on Solana. It's gaining attention because it's getting listed on KuCoin, a big exchange. This could attract lots of new investors and drive its price way up, maybe even 18,000%. Right now, you can only buy it on Solana exchanges like Jupiter and Raydium. People who invest early could make big profits, like with SHIB and DOGE before they got popular. SHIBCOC already has $6,000 of locked liquidity, which is rare for new meme coins. To buy it early, you need a So
Bitcoin (BTC) Price Will Eventually Pump, and These Altcoins Will Benefit the Most
A cryptocurrency analyst, known as VirtualBacon, is making a bullish case for several altcoins that stand to benefit significantly when Bitcoin’s price begins its next major upswing. In a long X thread, the analyst expanded on the flourishing Bitcoin ecosystem, highlighting innovations such as Runes, BRC-20 tokens, and Ordinals that are poised to gain traction during Bitcoin’s next leg up.
The Rise of Bitcoin’s Programmable Layer
According to VirtualBacon, the Bitcoin ecosystem is currently one
The Rise of Bitcoin’s Programmable Layer
According to VirtualBacon, the Bitcoin ecosystem is currently one
$USDP $BTC $BNB In recent weeks, XRP has increasingly consolidated around the $0.5 mark as investors await a possible breakout.
Notably, amid the dormancy in XRP’s price, new on-chain data indicates that whale investors have been accumulating the token, possibly in anticipation of a rally. Particularly, addresses with at least 100 million coins have been buying more XRP tokens during the dip in the first ten days of June.
Adding weight to this observation is the Mean Dollar Invested Age (MDIA) metric, which provides further insight into investor behavior. As of June 1, the 90-day MDIA for XRP stood at 1,812, indicating investors prefer to hold onto their XRP holdings rather than engage in active trading.
XRP’s next price movement
When looking at the next XRP price target, crypto analyst Dark Defender has suggested that the token might be lining up for a possible rally. In an X post on June 12, the analyst noted that the cryptocurrency had formed a familiar pattern from 2017.
The analyst observed that on the weekly time frame, XRP had positioned itself above a critical support level, echoing past instances where the token demonstrated resilience amid market turbulence.
Moreover, indicators suggest the possibility of a forthcoming reversal, with sentiment teetering on the brink of oversold territory. According to the analyst, crossing above $0.6640 and breaching the $1 resistance mark are pinpointed as pivotal moments that could pave the way for a sustained uptrend.
“The other side of the orange line, the resistance stands around $1. It will be easy above $0.6640 and $1,” the expert said.
At the same time, the expert provided a chart indicating that the price is testing the support line of the ascending channel, an area that has historically provided a good entry point for bullish positions
Notably, amid the dormancy in XRP’s price, new on-chain data indicates that whale investors have been accumulating the token, possibly in anticipation of a rally. Particularly, addresses with at least 100 million coins have been buying more XRP tokens during the dip in the first ten days of June.
Adding weight to this observation is the Mean Dollar Invested Age (MDIA) metric, which provides further insight into investor behavior. As of June 1, the 90-day MDIA for XRP stood at 1,812, indicating investors prefer to hold onto their XRP holdings rather than engage in active trading.
XRP’s next price movement
When looking at the next XRP price target, crypto analyst Dark Defender has suggested that the token might be lining up for a possible rally. In an X post on June 12, the analyst noted that the cryptocurrency had formed a familiar pattern from 2017.
The analyst observed that on the weekly time frame, XRP had positioned itself above a critical support level, echoing past instances where the token demonstrated resilience amid market turbulence.
Moreover, indicators suggest the possibility of a forthcoming reversal, with sentiment teetering on the brink of oversold territory. According to the analyst, crossing above $0.6640 and breaching the $1 resistance mark are pinpointed as pivotal moments that could pave the way for a sustained uptrend.
“The other side of the orange line, the resistance stands around $1. It will be easy above $0.6640 and $1,” the expert said.
At the same time, the expert provided a chart indicating that the price is testing the support line of the ascending channel, an area that has historically provided a good entry point for bullish positions
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