$ICP

Coin news highlights 3 expected cryptocurrencies in 2024

1. Sui (SUI): is a third generation blockchain designed to provide high speed, scalability and security. It has attracted the attention of the crypto community for its ability to process thousands of transactions per second and support complex DeFi applications.
In 2024, Sui (SUI) is expected to continue growing its DeFi ecosystem. The Solend lending protocol is currently being built on the Sui (SUI) blockchain, and many other DeFi applications are also in development.
Based on these factors, Sui (SUI) price forecast for 2024 is between $0.79 and $1.39.

2. Sei (SEI): is a decentralized finance (DeFi) platform that provides lending, savings and trading services. It is built on the Sui (SUI) blockchain and takes advantage of the platform's speed, scalability, and security.
Sei (SEI) has seen significant growth in 2023, and is expected to continue growing in 2024. Analysts predict that the price of Sei (SEI) will range from 0.36 USD to 0.55 USD by the end of 2024.

3. LeverFi (LEVER): is a cryptocurrency lending platform, providing leveraged loans to traders. It uses blockchain technology to provide fast, secure and efficient loans.
LeverFi (LEVER) has seen strong growth in 2023, and is expected to continue growing in 2024. Analysts predict that LeverFi (LEVER) price will range from 0.0015 USD to 0.0033 USD by the end of 2024.

The cryptocurrency market is undergoing significant changes, and the above three cryptocurrencies are expected to have strong price increase potential in 2024.

Does Internet Computer (ICP) have enough strength to reach the $20 mark?

Internet Computer (ICP) is among the coins with the highest transaction growth
According to data from Coinmarket Cap, ICP's 24-hour trading volume increased more than 300% to more than $800 million on Sunday. According to TradingView data, ICP's total transactions increased by 37% as the distributed computing and storage network that supports smart contracts recorded increased user activity.

Is it enough to reach the $20 mark?
Today's price increase is a positive signal for ICP. This strong push could help the currency close a weekly candle above $10 for the first time since May 2022.
If this positive outlook continues and the recovery in the coming weeks includes a retest of support above $15.71, ICP price could target $20. The immediate hurdle above this level could lie around $23.57.
Analysts who are optimistic about this decentralized cloud 3.0 protocol are emphasizing its advantages in this field. Besides its potential to dominate the crypto cloud market, Internet Computer is fully on-chain, scalable, fast, and low-transaction cost.

ICP's price upside potential
There are a number of factors that could drive ICP prices up in the near future, including:
- Increase in user activity: An increase in transactions and total transactions is a sign that ICP is attracting more users. This could lead to increased demand for ICP, which in turn pushes prices higher.
- Potential to dominate the crypto cloud market: Internet Computer has the ability to compete with other cloud platforms such as Ethereum and Solana. If ICP can gain a significant share of this market, it could lead to price increases.
- European subnet launch: The European subnet launch allows developers to create GDPR-compliant dApps. This could open up a huge potential market for ICP in Europe.

Conclude
The strong increase in price of Internet Computer (ICP) is a positive signal for this currency. If the above bullish drivers continue, ICP could reach its $20 target in the near future.

Solana surpasses Ethereum: Is there a future overthrow?

Solana surpasses Ethereum in growth rate
Since January 1, 2023, the market capitalization of Solana (SOL) has increased more than 1,000%, reaching an all-time high of $107. During the same period, the market capitalization of Ethereum (ETH) increased by only about 90%.
Solana has also surpassed Ethereum in terms of transaction volume. On December 22, 2023, Solana's on-chain trading volume peaked at $2.6 billion, surpassing Ethereum at $2.5 billion.
Additionally, Solana dominates in NFT sales volume. In the week ending December 28, 2023, with NFT sales volume reaching $74.9 million, Solana surpassed Ethereum by $72.2 million.

Factors driving Solana's growth
There are several factors that can contribute to Solana's growth such as the scalability of the network. Solana can process more than 50,000 transactions per second, while Ethereum can only process about 15 transactions per second.
Another factor is low transaction costs. Transactions on Solana typically cost just a few cents, while transactions on Ethereum can cost tens of dollars.
Finally, Solana is attracting interest from developers. The network has seen a significant increase in the number of projects built on it, including DeFi applications, NFTs, and games.

Can Solana topple Ethereum?
It is still too early to say whether Solana can topple Ethereum. However, Solana is showing positive signs. With scalability, low transaction costs, and growing interest from developers, Solana could become a formidable competitor to Ethereum in the future.

Conclude
Although there have been significant advances in recent times, Solana has surpassed Ethereum in terms of growth rate. However, Ethereum remains the largest and oldest blockchain platform, with a large community of users and developers. To overthrow Ethereum, in addition to scalability and transaction costs, Solana needs to continue improving the network's features.

Why did Polygon MATIC suddenly increase 20% to surpass the $1 mark?

Polygon MATIC, in the last 24 hours has recorded a growth of 20%, taking the value of the $MATIC token past the $1 mark. A sudden year-end price increase surprised many people.

A few reasons for Matic to increase prices:
1.Growth of the Polygon ecosystem
Polygon is a layer 2 scaling solution for Ethereum, and its ecosystem has seen significant growth in recent times. The number of dApps built on Polygon has increased significantly, and the total value locked (TVL) in the ecosystem has also increased.

2. Interest of organizations
Organizations are increasingly interested in Polygon. Some of the world's largest organizations, such as Meta, Samsung, and Google, have started using Polygon for their projects. This shows that Polygon is being considered by organizations as a reliable and effective scaling solution.

3. Optimistic market sentiment
The cryptocurrency market in general has been in an uptrend recently. This may have contributed to Polygon's price increase.

In addition to the reasons stated above, there are several other facts that may have contributed to the price increase of Polygon MATIC.

- Pump and dump phenomenon
Pump and dump is a speculative strategy in which a group of people buy an asset in large quantities, drive up the price, then sell it and make a profit. However, this tactic can cause losses for retail investors, who may get caught in the trap and buy assets at high prices, then suffer losses when prices fall.
- Wrong information
Misinformation may also have been a contributing factor to Polygon MATIC's price increase. This rumor may have caused many investors to buy into Polygon, pushing the price up.

Recommendations
As with any investment asset class, investors should exercise caution when investing in Polygon MATIC. The sharp price increase in the past 24 hours could be a sign of a pump and dump or misinformation. Investors should research carefully before making investment decisions.

Coin news highlights 3 potential Altcoins under $5

With Bitcoin surpassing the $44,000 mark, the cryptocurrency market is making a strong comeback, opening up opportunities for investors. Let's take a detailed look at 3 potential Altcoins, potential altcoins with prices under $5.

1. Lido DAO (LDO) - Is the leading staking service provider on Ethereum.
Cryptocurrency Market: With the cryptocurrency market in a bullish cycle, LDO benefits from this growth.
Growth: In the third quarter of 2022, Lido's total asset value locked (TVL) increased to $22 billion, an impressive 20% increase compared to the previous quarter.
Community Attention: Strong community support is an important driving force to help Lido develop and attract the attention of new investors.

2. ImmutableX (IMX) - Is an NFT and decentralized trading platform.
Cryptocurrency Market: With the NFT market growing, IMX's price is supported by this strong growth.
Growth: In Q3 2022, ImmutableX added 2 million new users, marking a significant increase of 150% over the previous quarter.
Community Interest: ImmutableX's community of supporters plays an important role in keeping the project growing and attracting the attention of new investors.

3. Render (RNDR) - Decentralized computing network, AI and machine learning.
Cryptocurrency Market: With the cryptocurrency market in a bullish cycle, RNDR is on a positive growth trajectory.
Growth: In Q3 2022, Render added 25,000 new compute power providers, an impressive 100% increase over the previous quarter.
Community Attention: Strong community support, making an important contribution to development and attracting the attention of new investors.

Conclude:

Lido DAO, ImmutableX and Render are 3 potential Altcoins under $5, each project offers unique characteristics and upside potential. However, investors need to continue to research carefully before making investment decisions, and at the same time guard against risks that may appear in the volatile cryptocurrency market.

BONK price decreased by 50%, is there still potential?

After being officially traded on Binance and Coinbase, BONK price plummeted 50%. So does BONK still have potential?

The cryptocurrency market is entering Altcoin season, with the rise of meme coins. BONK is one of the most successful meme coins during this period, with a capitalization exceeding $1 billion in just a few weeks.

However, meme coins often have high liquidity, so investors are often willing to sell off meme coins when they see that the market is no longer good to take profits or cut losses.
BONK price dropped sharply by 50% after being officially traded on Binance and Coinbase exchanges. This may be because investors sold off BONK when they saw the market showing signs of slowing down.
However, investor sentiment may change in the future. If the market continues to recover, investors may return to buying BONK.

Overall, although the price of BONK has dropped sharply, this is still a meme coin with the potential to increase in price in the long term. Here are some factors that could boost prices after the sharp drop in BONK prices:
Solana Growth: Solana is the ecosystem in which BONK operates. If Solana continues to grow and become a large ecosystem, BONK will also benefit from this growth. Popularity of meme coins: Meme coins are becoming more popular in the cryptocurrency community. If this trend continues, BONK may also benefit from this popularity. Development of blockchain technology: Blockchain technology is growing and being widely applied in many fields. If blockchain technology continues to develop, BONK could also be applied in more fields, which could boost the coin's price.
Investors need to carefully consider the above factors before deciding to invest in BONK.
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Chiliz launches SportFi - Should you invest in Chiliz (CHZ) now?

As part of its efforts to bridge the gap between cryptocurrency and global sports, Chiliz has launched SportFi, an ecosystem that helps fans engage more with sports using blockchain technology.
The launch of SportFi is an important step forward for Chiliz in integrating blockchain into the sports industry. This series has the potential to revolutionize the way fans interact with their favorite sports teams.

So should you invest in Chiliz (CHZ) now?
Before launching SportFi, Chiliz had a number of notable collaborations with sports and entertainment teams recently:
- In September 2023, Chiliz cooperated with Tottenham Hotspur, a famous club playing in the English Premier League.
- Chiliz also cooperates with teams of the National Basketball Association (NBA), National Football League (NFL) clubs and Ultimate Fighting Championship (UFC).
This shows that big clubs in particular and the sports industry in general are tending to integrate blockchain technology into their operations. This creates a huge opportunity for Chiliz, as the company is a leader in this field.
If you are looking for an investment that can deliver high returns over the long term, CHZ is a worthy option to add to your portfolio.

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Ripple's victory over the SEC: XRP gains more attention
In a recent interview, Ray Fuentes, Community Director at Linqto, discussed the impact of Ripple's victory against the SEC, which classified XRP as a non-security asset. This development has significantly increased the demand for XRP on the Linqto platform.

XRP received special attention after Ripple's victory against the SEC
Fuentes said that since the ruling on Ripple's victory against the SEC, there has been a notable increase in demand for XRP, which was already available on the Linqto platform. He highlighted the growing interest in Ripple and attributed it to the legal clarity surrounding XRP's non-security status. Fuentes noted that this clarity positions XRP as the only digital asset in the United States with legal certainty, as the SEC cannot appeal the decision.
On July 13, 2023, Judge Analisa Torres of New York issued a ruling in SEC v. Ripple Labs, Inc. SEC accuses Ripple Labs of selling unregistered securities to investors. Ripple argues that its cryptocurrency, XRP, should not be considered a security because it does not meet the criteria for an investment contract under the Howey test.
Fuentes also shared that the platform has seen a significant increase in investments, with an additional $10 million invested in Ripple alone since Ripple's victory over the SEC was announced. Total investments by members on Linqto's site have increased from $285 million to more than $293 million since the ruling.

Conclude
The court ruling that delivered Ripple's victory over the SEC is an important turning point for the cryptocurrency industry. It has helped eliminate some of the risks associated with investing in XRP and has led to a significant increase in demand for the asset. This has the potential to accelerate the growth of the Linqto platform and could lead to the approval of a bitcoin ETF in the near future.

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The Israel-Palestine conflict affects the cryptocurrency market
After a short-term bull run in early October, the cryptocurrency market is back in the red. The Israeli-Palestinian conflict may be one of the reasons for this negative sentiment.
The Israel-Palestine conflict causes investors to turn to safe haven assets
According to observations, the “bullish” trend has plummeted 93% in the past 24 hours. This shows that investors are becoming increasingly pessimistic about the prospects of the cryptocurrency market.
This decline occurred as investors switched from altcoins to Bitcoin (BTC). According to CoinMarketCap data, BTC's market share has reached a three-month high of 50.2%.
Despite the leading cryptocurrency's market share rising, its price has dropped 0.65% in the past day. Bitcoin is trading at $27,665 with a market capitalization of $539.8 billion at the time of writing. The asset's 24-hour trading volume increased by 60%, to 12.1 billion USD.
This investor's behavior shows a sudden shift from altcoins to BTC as conflict intensifies. Investors are looking for safe haven assets during the period of uncertainty following the outbreak of the Israeli-Palestinian conflict.
Binance CEO is optimistic about the prospects of Bitcoin and the cryptocurrency market
On October 9, Binance CEO Changpeng Zhao (CZ) said he expected Bitcoin prices to reach a new all-time high in 2025 as the highly anticipated halving event is set to take place in April 2025. 2024.
Earlier today, a wallet containing nearly 3,000 BTC worth $82.37 million became active again after 9 years of hibernation. The whale then sent 500 BTC to the address bc1q…zgyv and 2,495 BTC to bc1q…wnpu. Both of these addresses are newly created.
Currently, the total global cryptocurrency market capitalization is down 1.46% over the past 24 hours and stands at $1.07 trillion at the time of writing. On the other hand, trading volume across the market jumped 65% to $29 billion, according to CoinMarketCap.
Tintucciin.net - Coin news will continue to update information to you in the near future.

Top altcoins worth buying this month
1. Filecoin (FIL)
Filecoin price has been under pressure over the past few weeks. It fell from a high of $3.44 last week to a low of $3.20. It has also formed a double top pattern, indicating more downside in the short term.
Filecoin is also moving deeper into cloud computing. Developers have launched Filecoin Web Services (FWS), a tool that aims to be a decentralized version of Amazon AWS and Microsoft Azure.
2. Chainlink (LINK)
Chainlink prices have also fallen back recently as the war in Israel began and as bond yields recovered. However, LINK price is likely to recover if there is a strong rally because of its strong utility.
Chainlink has taken the number one spot in several important industries. It is the largest oracle network in the DeFi industry, moreover, Chainlink has taken the number one position in the emerging tokenization industry.
Chainlink has made key partnerships with the likes of Swift, ANZ Bank and other major players in the space, making it one of the best altcoins to buy this month.
3. Hedera Hashgraph (HBAR)
Hedera Hashgraph is a good altcoin at the moment, it is a blockchain project that runs smart contracts. The network is known for its fast execution speed and low transaction costs. It has major partnerships with important companies such as Google, IBM, ServiceNow, and Tata.
And like Chainlink, Hedera Hashgraph is aiming to become one of the leading networks in the tokenization industry. Just this week, Blade Wallet and Diamond Standard got into tokenization by launching the DIAM token.
Hedera Hashgraph has also launched Stablecoin Studio, a platform that provides developers with all the tools they need to build their stablecoins. It is also the only blockchain project in the FedNow ecosystem. It also recently partnered with Flutterwave to bring cost-effective payment methods to Africa.
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AI cryptocurrency tokens have skyrocketed over the past week
Renewed interest in the latest AI efforts, including GPT-4 and the DALL·E 3 Generator model, has led to an increase in the value of AI cryptocurrencies.
Several AI cryptocurrencies increased over the past week
Over the past week, the prices of many AI cryptocurrencies have increased significantly. Here are some examples:
Covalent (CQT), the native cryptocurrency of infrastructure manufacturer Covalent, has increased by more than 42%. Dexcheck (DCK), an innovative cryptocurrency, has almost doubled its market capitalization in 7 last day.Bridge Oracle (BRG), a company that provides Oracle data for DeFi applications, increased by 50%.Trustverse (TRV), a purpose-built AI platform to help enterprises use AI more effectively , nearly tripled its market capitalization in October 2023.Verasity (VRA), a platform that provides video authentication, jumped 70% following the announcement of a token burn event.
There are several reasons for the rise in prices of AI cryptocurrencies. One reason is the growing interest in AI. AI is being applied in many sectors, including healthcare, finance, and retail. This leads to an increase in demand for AI solutions and AI development companies.
Another reason is the rise of new AI cryptocurrency projects. Many new cryptocurrency projects are being developed to solve problems in the field of AI. This leads to an increase in the number of AI cryptocurrencies on the market.
The future of AI cryptocurrency tokens remains uncertain. However, the increase in values ​​over the past week suggests that this sector has growth potential.
Advice for investors
Investors should be cautious when investing in AI cryptocurrency tokens. Many AI projects are still in the development stage and may be at risk. Investors should thoroughly research any project before investing.

Bitcoin price is trying to break out of the $28,000 area
After the Bitcoin price dropped to $27,000 on the morning of October 6, it quickly returned to the $28,000 area the same evening after US jobs data showed a stronger labor market recovery. expected.
Bitcoin price faces many difficulties when trying to break out of $28,000
US nonfarm payrolls (NFP) data showed 336,000 jobs were added in September, much higher than the expected 170,000. However, the unemployment rate also remained unchanged at 3.8%.
These results are, they suggest, the Federal Reserve (Fed) will be more likely to raise interest rates to contain inflation.
“This is both good news and bad news for Bitcoin price because the Fed wants the labor market to lose strength,” famous trader CrypNuevo wrote on Twitter. “With this increase, I am surprised that the unemployment rate remains the same. So I believe the data will be revised down and will be much lower.”
NFP data increased the likelihood that the Fed will raise interest rates by 25 basis points at the November meeting of the Federal Open Market Committee (FOMC). Before the data was published, this likelihood was only 25%.
The market interprets this data as a new threat to Bitcoin price.Conclusion
NFP data shows that the US labor market is recovering strongly. This could lead to the Fed raising interest rates more than expected, which, if it happens, could put pressure on the price of Bitcoin and other risk assets.
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