Trending Cryptocurrency Tokens on Avalanche Chain Today – Snowtomb Lot, Volta Club, Snowball

The crypto bear market is far from over, despite the widely circulated news of impending institutional funds entering the crypto market. Overall, BTC posted a brief recovery yesterday, touching $66k momentarily before a further dump towards the $63k price. The declining price raises mixed feelings across the market, as many investors envisage further decline in the coming days.  However, there are hopes in the low-cap crypto category, with several of these coins making progressive moves to the upside. The top trending cryptocurrencies on the Avalanche chain recorded improved performance over the week. The price action in the ecosystem has helped AVAX hold its ground at the $27 range. Trending Cryptocurrency Tokens on Avalanche Chain Similarly, emerging initiatives like the DICE presale sport increase investors’ participation. At press time, DICE has raised over $1.5 million. Besides, the Mega Dice project is taking several notable initiatives to improve the benefits to early investo

Bitcoin Whales On The Move – Is A $100,000 Price Tag Coming?

Bitcoin keeps catching the attention of investors and analysts with its price changes and big moves. Recently trading at $65,715, Bitcoin’s small increase of nearly a percent in the last 24 hours has sparked some cautious optimism among crypto fans around the world. This newfound confidence is boosted by big whale activity and positive long-term predictions from top analysts. Related Reading 87% Of Bitcoin Hodlers Laughing All The Way To The Bank – Here’s Why 12 hours ago Big Investor Buys $395M Worth of Bitcoin A well-known crypto whale has made headlines by buying 6,070 BTC, worth about $395 million. This is the whale’s first big purchase in over 18 months. Known for smart trading moves, this investor previously bought 41,000 BTC during the 2022 market dip at an average price of $19,000 per BTC. In a brilliant move, the whale sold 37,0

SingularityNET Price Jumps 25% As NVIDIA Becomes World’s Most Valuable Company, But This New AI Token Might Be The Next Crypto To Explode

The SingularityNET price surged 25% in the last 24 hours to trade at $0.6853 as of 03:36 a.m. EST on trading volume that jumped 148% to $278 million. This comes as chip-maker NVIDIA became the world’s most valuable company after its share price climbed to an all-time high (ATH) on June 18. The company is now worth $3.34 trillion, with this price having nearly doubled since the start of this year. The company’s rally is attributed to the high demand for its chips from tech giants such as Microsoft, Meta, and Google, as their graphics processing units (GPUs) are integral to the development of Artificial Intelligence (AI). SingularityNET Price Gearing Up For A Bullish Rally Over The Bullish Pennant AGXUSD Chart Analysis Source: The SingularityNET price has been on a surge in 2024, with the price of SingularityNET soaring through a markup phase to hit its ATH on March 10 of $1.46. However, the AGX price has not yet reclaimed this high, with the token droppi

Is Nvidia's Surge A Bane for Bitcoin?

The market saw a major change in dynamics as Nvidia [NVDA] took over Microsoft [MSFT] as the most valuable firm. The chipmaker recorded a 3.6% surge in its stocks which pushed its market cap to $3.34 trillion. Microsoft’s market value was at $3.32 trillion. The latest rise comes from the increasing demand for its chips that are heavily being used in the AI sector. But this significant spike was believed to be bearish for Bitcoin [BTC]. # Nvidia is now the world's most valuable company, with a market cap of $3.34 trillion, exceeding the GDP of all but 5 countries. Soon only the U.S. & China will have GDPs greater than $NVDA's market cap. Each NVDA GPU contains from .1 to .3 grams of #gold. They contain zero Sats. — Peter Schiff (@PeterSchiff) June 18, 2024 Peter Schiff, a prominent critic of the crypto currency market pointed out how the graphics processing unit [GPU] that was produced by Nvidia had some gold in it. But it did not contain sats. The comparison was

Opinion: What makes a Memecoin successful?

Author: defioasis Note: This article is a reflection on the Meme craze and should not be taken as investment advice or as an endorsement for any project. VCs and retail investors are not passing the buck to each other, and the tension between project teams and community members over airdrops and anti-sybil measures is escalating. Combined with suboptimal liquidity in the industry, Memes have become a solution. Recently, as Bitcoin rebounded to over $66,000, the tokens with the highest trading volumes on Binance were still MEMECOINS, with the top ten by volume being BTC, ETH, PEPE, SOL, FLOKI, WIF, DOGE, BNB, BOME, and SHIB, six of which are MEMECOINS. In the past few days, I have been contemplating those high market cap Memes, such as the original DOGE and the current PEPE, whose popularity stems from but is not limited to these five elements: cultural foundation, simplicity and distinctiveness, entertainment and humor, low barrier to second creation, and the push by super influencers

After Ethereum ETF, Dogecoin; Solana; And XRP Next In Line?

Following the upcoming approval of spot Ethereum ETFs, many experts predict that Dogecoin , Solana , and XRP are next in line. Three of the biggest cryptocurrencies on the market in terms of popularity, DOGE; SOL; and XRP would benefit greatly from being available to trade on the stock market. Recently, Ripple Labs’ president and CEO both made their case for a Ripple XRP ETF, with the CEO saying that multiple other coins are inevitably going to get their ETFs too. “People don’t want just exposure to one commodity,” Garlinghouse said in an interview with Fox Business . He added that it “only makes sense” to add more commodities to the market to give investors more options to trade. Therefore, XRP could be a new competitor to ETH and BTC ETFs on the market, as well as Solana and DOGE. If the SEC works its way through the top cryptocurrencies by market cap, BNB would be the logical contender. However, there is a growing likelihood that XRP, DOGE, and SOL will be favored more. Fur

Cardano Founder’s Pig NIKE Sparks Memecoin Craze, Market Cap Nears $1 Million

A memecoin inspired by Cardano founder Charles Hoskinson’s pet pig Nike has captured the community’s attention. Within just 12 hours of Hoskinson‘s post on X, NIKE’s market capitalization soared close to $1 million, underscoring the volatile and often unpredictable crypto market dynamics. Cardano Founder Sparks New Memecoin The genesis of the NIKE token was a simple, casual tweet by Hoskinson, featuring his pet pig, Nike. The tweet rapidly captured the imagination of the Cardano community, leading to the creation of a new memecoin named NIKE. Fun Fact: I have a pig named Nike — Charles Hoskinson (@IOHK_Charles) June 17, 2024 Within hours of its introduction, NIKE exhibited an astonishing surge in its valuation. According to data from TapTools, the token’s price quickly escalated. Trading metrics painted a picture of frenetic activity: the token’s price increased by an unprecedented 60,200% when it reached $0,00089.