"Uptober" is over but as Zhu Su tweeted earlier today, the crypto market rally could extend through "Upvember, Upcember" and beyond. The month of October was stellar for Bitcoin (BTC) and Ether (ETH) primarily because each hit new all-time highs and even though the prices are consolidating now, traders are still wildly bullish. Uptober, Upvember, Upcember — Zhu Su (@zhusu) November 1, 2021 The steady emergence of the Metaverse is also driving excitment within the crypto sector as it promises to be one of the driving forces behind development in the cryptocurrency space. The concept of a Metaverse is also …
You can’t predict the future, but you can learn from the past. And some crypto tokens are much (much) more predictable than others, when you analyze their historical trading patterns. In fact, five cryptocurrencies in particular have exhibited the kind of trading predictability that could give sharp-eyed crypto traders a huge advantage in the markets. These five tokens have all demonstrated one thing in common: After strong bullish conditions were detected, they averaged an increase in value when measured after 24, 48, and 72 hours After extreme bullish conditions were detected, on average they also rose after 24, 48, and …
The world of decentralized gaming has seen significant growth in 2021 as the rise of play-to-earn (P2E) gaming merged with NFTs to open the first pathway to the Metaverse. Aavegotchi is currently making inroads in the blockchain-based gaming sector with a somewhat novel approach that incorporates features from P2E gaming, NFTs and decentralized finance (DeFi). Data from TradingView shows that since hitting a low of $1.56 on Oct. 1, the price of GHST, Aavegotchi's native token, has rallied 53% to a daily high at $2.40 on Oct. 29 as its 24-hour trading volume spiked 45% to $135.8 million. Three reasons …
This week's surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list of tweets where aspiring traders discuss buying Lambos, quitting their day jobs and becoming a full-time crypto traders. While DOGE and SHIB are receiving a majority of the attention from media and investors, they are not the only low-priced tokens that have seen a spike in price. On all major networks including, the Binance Smart Chain, the value of meme coins has risen, a sign that …
This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether the launch of the first Bitcoin (BTC) exchange-traded fund (ETF) kicked off the next leg of the bull market or if meme-tokens rallying is a top signal. While SHIB, DOGE and Samoyedcoin are the hot flavor of the week, there are other tokens which are equally bullish and posses stronger …
Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves. Interestingly, OriginTrail (TRAC), a logistics and supply-chain management-focused blockchain protocol, has been gaining traction over the past couple of months and this week the project's TRAC token hit a new all-time high. Data from Cointelegraph Markets Pro and TradingView show after hitting a low of $0.278 on Aug. 29, the price of TRAC has vaulted 306% to a new record high …
Dogecoin (DOGE) soared on Oct. 28 amid massive capital rotations out of its top meme coin rival Shiba Inu's (SHIB) market. Notably, the DOGE price rallied by a little over 44% to reach its intraday high of $0.3449. Its gains appeared in contrast to SHIB's losses in the same period. On the other hand, the so-called Dogecoin Killer dropped almost 28% to log an intraday low at around $0.00005700—in the same hour DOGE printed its daily top. The sudden price rally also pushed Dogecoin's market cap over $40 billion, a mettle Shiba Inu achieved hours before, with the two cryptocurrencies …
Meme coins burst onto the scene in early 2021 and helped kickstart the bull market after Dogecoin (DOGE) rallied above $0.01 to new highs while being shilled by the likes of Elon Musk and Mark Cuban. Shortly afterwards, Dogecoin clones and other canine-themed tokens popped up to catch the wave of bullish momentum and Shiba Inu (SHIB) was one of the projects that quickly caught wind and sailed higher. Now that Bitcoin has hit a new all-time high again, it appears that the meme tokens are ready to continue their run and this time they're not waiting for the big-name …
Shiba Inu (SHIB) continued its march upward on Oct. 27 with its price hitting a record high of nearly $0.000060 before correcting lower. SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000 (data from Binance). The latest move upside pushed the token's month-to-date (MTD) returns to approximately 726%, making it the fifth highest-grossing cryptocurrencies entering the final quarter of 2021. SHIB's October gains had slipped to near 606% following a price correction from its record high, still higher than the rest of the top-cap crypto rivals, including Bitcoin (BTC), …
Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. Institutional investor interest is likely a key factor behind Solana’s impressive 490% gain since August. For example, SOL is the fourth largest Bitwise 10 Crypto Index Fund ($BITW) component, which overall is a $1.3 billion over-the-counter tradable market instrument. Traders should remember that this event is not necessarily positive since futures contracts require both a buyer (long) and a seller (short). Nevertheless, …
In the world of technical analysis, any tool that gives the trader insight into the next possible market move is highly valued because an early signal of impending price action can turn an average trade into a multibagger. In a rare occurrence, Cointelegraph Markets Pro just posted a VORTECS™ score of 98, one of the highest scores ever recorded, for an altcoin called. Everipedia (IQ). The project is a blockchain-based encyclopedia that has the vision of creating “a world where all knowledge is available to all people.” While the VORTECS™ Score is simply an indicator and does not guarantee any …
Calls for an altseason continue to grow louder as the price action in the altcoin market has been on the rise for a few days. Meanwhile, Bitcoin continues to consolidate below its all-time high near the $62,000 support level. Oftentimes, moves in altcoins center around one specific sector of tokens such as meme coins or decentralized finance protocols, but the current market is seeing rises across all sectors, which is possibly a sign that altseason is in fact heating up. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Secret (SCRT), Curve …