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Vignesh k

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.

Posts by Vignesh k

Shiba Inu (SHIB) Faces Turbulence as Market Bloodbath Unfolds

Shiba Inu (SHIB) Faces Turbulence as Market Bloodbath Unfolds

The Shiba Inu token (SHIB) has experienced a significant setback, plunging to a new monthly low and shedding 10% in the past two hours. The SHIB price now stands at $0.00000963 per token, failing to gain any traction amidst a broader crypto market bloodbath that has seen losses totaling $500

January 3, 2024 2 mins read
Analyzing ICP And Why It Surged 180%

Analyzing ICP And Why It Surged 180%

The Internet Computer (ICP) has experienced a swift ascent over the past four weeks, reaching an impressive high of $16.30. The surge follows a parabolic trajectory, marked by decisive breakouts from key resistance levels, signaling a significant shift in market dynamics. ICP’s price trajectory has been marked by a break

January 3, 2024 2 mins read
U.S SEC Delays Grayscale's Ethereum Trust ETF Application

Ethereum Supply Surge on CEX Raises Concerns Amid Bull Rally

Prominent institutions, including Celsius Network and Alameda Research, are depositing substantial amounts of Ethereum (ETH) onto centralized exchanges like Coinbase. This strategic shift comes at a time when Ethereum’s performance has lagged behind other major cryptocurrencies, such as Bitcoin and Solana, in the ongoing bullish market. Celsius Network’s Noteworthy Ethereum

January 3, 2024 2 mins read
Crypto Exchange bitFlyer Reportedly Plans to Acquire FTX Japan

Web3 Firms Unite in Crypto Donations for Japan Earthquake Relief

A 7.5-magnitude earthquake struck Japan’s western coast on January 1, 2024, causing destruction across Ishikawa and surrounding prefectures. In the aftermath, prominent Web3 companies based in Japan have taken action to gather cryptocurrency donations to aid relief efforts. Oasys Japan, a major player in the Web3 industry, began accepting donations

January 2, 2024 2 mins read
Dogecoin (DOGE) Price Struggles to Validate Bullish Pattern: Investors Remains Cautious

Dogecoin: How Will DOGE Mint Millionaires In 2024?

Dogecoin (DOGE), the iconic meme coin, is stepping into 2024 with a cloud of speculation surrounding its potential for creating more crypto millionaires. The year ahead holds promise, fueled by a convergence of factors ranging from celebrity endorsements to technical advancements and growing institutional interest. At the heart of Dogecoin’s

January 2, 2024 2 mins read
Shiba Inu Team Launches ShibaSwap on Shibarium, Boosting SHIB Ecosystem

SHIB vs. ICP: A Crypto Showdown Marks the Start of 2024

The Shiba Inu (SHIB) token faced its first significant challenge of the year as it slid from its coveted 16th position to the 17th spot on the list of the largest cryptocurrencies by market capitalization. The usurper of SHIB’s position was none other than the Internet Computer Token (ICP), marking

January 2, 2024 2 mins read
Ripple (XRP) Faces Bull-Bear Showdown in Bid for December Rally

Ripple (XRP) Faces Bull-Bear Showdown in Bid for December Rally

XRP is presently navigating a major tussle between optimistic and pessimistic sentiments as it attempts to finish the year on a positive note. It is currently exchanging hands at $0.6309, reflecting a 1.08% decline over the last 24 hours. In spite of this temporary setback, some XRP enthusiasts are clinging

December 29, 2023 2 mins read
Solana Succumbs to Bearish Pressure Amidst Recent Outage Saga

Solana Surpasses Ethereum in DEX Volumes: Can SOL Dethrone ETH?

Solana has seen significant growth in decentralized exchange (DEX) daily and weekly trading volumes compared to other major blockchain platforms like Ethereum. Recent data shows Solana exceeding $1.447 billion in daily DEX volume and over $10.786 billion in weekly volume. Solana’s weekly DEX volume now exceeds Ethereum’s reported $9.604 billion

December 28, 2023 2 mins read
Is Dogecoin (DOGE) Ready for a Price Breakout in 2024?

Is Dogecoin (DOGE) Ready for a Price Breakout in 2024?

The meme-inspired cryptocurrency Dogecoin (DOGE) appears primed for a price breakout after multiple months of range-bound trading. DOGE has been constrained under a long-term descending resistance trendline since its meteoric rise to fame in early 2021. However, a high-volume breakout in November 2023 allowed DOGE to surge to a new

December 28, 2023 2 mins read
Ripple Analyst Predicts XRP Price to Reach $20 by 2026, Citing Five Factors

XRP Ledger Overloaded By 350% Surge in Activity From New NFT Project

The XRP Ledger experienced a massive spike in on-chain activity over the past day, with the number of daily transactions rocketing 350% to reach approximately 4.11 million. This staggering level smashes the ledger’s previous record high, set in November 2021. Behind the influx lies a controversial new NFT minting project

December 27, 2023 2 mins read