Moo Deng (MOODENG), a meme coin inspired by Thailand’s pygmy hippo star, has seen a dramatic rise and fall in recent days, stirring excitement and concern in the crypto market. After reaching a peak market cap of $322.7 million on September 28, the token has plummeted 50% in just three
Among the novel altcoins available in the market, Rexas Finance (RXS) has been making waves with investors. This token is below $0.09 and is projected to grow by 2025 when holders will be enjoying a 20x appreciation in the price. The growth of the cryptocurrency market will foster the emergence
The crypto market shed millions of dollars and consolidated with negative sentiment. However, the end of Q3 2024 presented the market with bullish cues. Following Binance founder CZ’s release, Bitcoin (BTC) climbed to $64K, catalyzing multiple altcoin rallies. On that positive note, the market marches into Uptober—a bullish October when
Ethereum’s price has dropped to $2,598, marking a 1.90% decline over the past 24 hours. Meanwhile, trading volumes surged, reaching $13.31 billion, which represents a significant 30.23% increase. Additionally, the drop in Ethereum’s market capitalization by 1.49%, now sitting at $316 billion, combined with a steady circulating supply of 120.37
After six weeks of negative withdrawals, spot Ethereum exchange-traded funds based in the US have had their strongest weekly inflows since early August. One of these funds has achieved a historic milestone: a net asset value of more than $1 billion. After six weeks of net weekly withdrawals, US-based spot
Vitalik Buterin, a co-founder of Ethereum, has suggested developing a set of criteria to evaluate projects’ degree of “alignment” with the Ethereum principles. Buterin listed attaining “Ethereum alignment” as a top social challenge facing the Ethereum community in his most recent blog post on September 28. Still, he conceded that
As another week begins, the crypto community resumes its wait for the full-fledged price rally. Contrary to the weekend’s expectations, Bitcoin has receded to the concurrent $64K causing the community to tighten its hopeful reins on the Uptober landmark. Meanwhile, the altcoin Sui has continued its price rally undeterred by
With $3.04 million active addresses per day, Solana is at the top of the list. This statistic sheds light on how active the networks’ users are. The network has gained a lot of attention this year, especially during the meme coin craze, which has increased the number of users. New
The crypto bull market emerged from its shadows after nearly two months of bearish movements. Following the release of prominent community member and Binance founder, Chengpang Zhao, Bitcoin hit $66K momentarily during the day. Subsequently, other cryptocurrencies, influenced by its upward turn, began showing price increases. Notably, community-driven altcoin, Notcoin
In the theatre of Finance, cryptocurrencies, Bitcoin and Ethereum, are emerging as top performers holding audience attention unfettered. The last 24 hours, saw Bitcoin climb to its crucial resistance level – $65K. Following this, Ethereum broke its $2.5K resistance yet again this week. The altcoin, despite its recent price slump,
