NFT News by Thebittimes.Com

The Mog Coin price has slumped 18% in the last 24 hours to trade at $0.000001414 as of 7 p.m. EST on an 8% drop in trading volume to $50 million. MOG’s plunge made it the biggest loser among the largest meme coins by market capitalization, according to CoinMarketCap. Mog Coin Price Faces Resistance Despite Strong Rally The MOG price has declined from the resistance level of $0.000002363 but is steadily rising within a bullish channel as bulls work to drive the price higher. According to GeckoTerminal, the bulls appear to be regrouping and establishing a solid support zone at $0.0000008109, which aligns with the channel’s lower trendline. If this pattern continues, the price could rebound to the previous resistance level, potentially allowing the bulls to recover their profits. MOGUSDT Analysis (Source: Tradingview) The MOG price is trading below the 50 simple moving averages (SMAs), but remains relatively above the 200 SMA, which gives the bulls an upper hand and a chan

Although Solana (SOL) and the general crypto market are witnessing a capital outflow, an analyst has pointed out that the decentralized finance (DeFi) asset is facing general bullish sentiments. Particularly, in an X post on August 1, Ali Martinez pointed out that Solana appears to be forming a bullish megaphone pattern on its four-hour chart. Notably, the bullish megaphone pattern is characterized by higher highs and lower lows, forming a widening wedge. This pattern is typically indicative of increasing volatility and a potential bullish breakout. Picks for you How much money does Ronaldo make a second? 57 mins ago Machine learning algorithm predicts XRP price on August 31, 2024 1 hour ago

Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Recently, Bitcoin (BTC) has been struggling to get back to $70K and above, and Ethereum (ETH) is striving to stabilize at $3,200. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details of its presale and the performance of the top-per

The Fwog price has soared 98% in the last 24 hours to trade at $0.03207 as of 7:20 a.m. EST on a 15% drop in trading volume to $43 million. Fwog Price Analysis: Bulls Break Out Of The Consolidation Zone The FWOG price has recently broken out of its consolidation phase, showing a steady bullish momentum despite the ongoing struggle between bulls and bears. The bulls have driven the price higher and seem set to reach new highs shortly.  Forming an ascending triangle pattern reinforces this bullish outlook, potentially helping the bulls propel the price to new levels. FWOGUSD Analysis (Source: Dextools.io) FWOG is trading above the 50 and 200 Simple Moving Averages (SMAs), indicating positive momentum.  The Relative Strength Index (RSI) is trading upwards, rebounding from 44 below the 50 midline level. The RSI is currently above the 70 overbought level at 74. This indicates intense buying pressure, helping the bulls fly the price high. Meanwhile, the MACD indicator, altho

The altcoin sector is gaining attention, and various parts of the crypto world are seeing a resurgence in demand. Similarly, Metaverse tokens are picking up speed, hinting at an upcoming bull run and signaling the potential start of an altseason. With expectations of a bull market, altcoins are poised for significant gains this week. Analysts think this might produce more explosive performance for meme coins, too. However, Bitcoin’s dominance has overall gone up this year, showing that the market is mixed. Next Cryptocurrency To Explode Attention in the crypto market in the coming month will be directed toward altcoins and meme coins as the market anticipates a bull run. Investors can capitalize on the moment and take a position in upcoming tokens like the 99Bitcoins token. 99Bitcoins token’s transition from the ERC-20 to the BRC20 token standard enables developers to create a new token standard. This post covers the details of its presale. 1. Stellar (XLM) Today, XLM has seen a