As 2024 nears its end, people scrutinizing their crypto holdings are keen on strategies for the upcoming year. Ethereum’s updates bring hope to the broader crypto market, hinting at more institutional participation, while BNB’s price swings with uncertainty. Meanwhile, BlockDAG has amassed 200,000 users on its X1 app, underscoring the project’s credibility and bolstering confidence among its holders. Unlike some other crypto ventures, BlockDAG (BDAG) frequently delivers promising news to its community. The continuous development and consistent updates from BlockDAG ensure that it remains at the forefront of innovation, attracting a steady stream of new users eager to engage with its platform. This proactive approach in adapting and enhancing its offerings helps maintain a vibrant and growing community, setting it apart in the competitive crypto landscape. Ethereum: Rising Institutional Interest Lifts Confidence Ethereum is poised for a period of significant change, with the latest updates focusing on improving scalability and alleviating network congestion. Dubbed “The Purge,” this upgrade aims to boost efficiency by allowing nodes to shed unnecessary historical data, easing their operational burden. The announcement that major financial institutions plan to launch tokenized assets on Ethereum underscores its expanding influence. With ongoing developments, Ethereum’s growing appeal among institutional entities could drive up ETH’s demand and stabilize its price in the long run. BNB Coin at a Crucial Threshold Binance Coin is nearing a pivotal point, with current predictions showing BNB oscillating between $550 and $600. Analysts, like Crypto Yapper, suggest that this could either lead to a surge towards $680 or a decline to around $540, depending on market movements. For those keeping a close watch on Binance Coin, the near future holds key opportunities, as BNB’s price path will likely reflect broader market trends and the ongoing developments at Binance. BlockDAG’s X1 App Hits 200K User Milestone with a Surge of Excitement BlockDAG’s X1 Miner App has achieved a remarkable milestone by attracting over 200,000 active users, demonstrating its rapid acceptance and growing popularity within the cryptocurrency community. This significant surge in user numbers not only highlights the escalating interest in BlockDAG but also its successful fundraising efforts, having raised over $116 million from its presale and selling 15 billion BDAG coins. With a current price of $0.022, BlockDAG boasts a remarkable 2100% surge in value, buoyed by strong community support and rewarding early backers with substantial returns. The app is meticulously designed to prioritize accessibility, making the mining process more user-friendly and scalable for its expanding user base. BlockDAG sets itself apart by focusing on scalability and active user engagement, positioning itself as a formidable competitor against leading cryptocurrencies such as Ethereum and BNB. It offers a high-performance platform that is continuously updated to enhance functionality and ensure network security. Committed to maintaining a user-centric approach and establishing itself as a long-term player in the market, BlockDAG caters to a wide audience, from cryptocurrency novices to seasoned miners. This approach helps to foster a robust and dynamic ecosystem, poised to further enhance its presence and dominance in the cryptocurrency market. Conclusion The final quarter of 2024 is proving to be fruitful for cryptocurrency enthusiasts and the assets they support. Ethereum is at a critical juncture with “The Purge,” and the crypto community is eager to see which direction BNB will head. BlockDAG continues to achieve new heights, now with 200,000 users on its X1 app and over $116 million in funding, drawing in a wave of new participants ready for the next big leap. Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

MEXC, a leading global cryptocurrency exchange, has pledged a €100,000 donation to support relief efforts following the devastating floods that recently struck Valencia, Spain. Heavy rainfall has caused severe flooding across parts of Spain, resulting in widespread damage to communities and infrastructure.To provide assistance to this humanitarian crisis, MEXC has mobilized resources to support affected individuals and contribute to local recovery initiatives Managed by the MEXC Spain Team, the €100,000 donation aims to support immediate relief efforts and provide vital resources to those impacted by the disaster. These funds will assist the Spanish Red Cross in the delivery of essential aid, including food, medical supplies, and emergency shelter, alleviating the suffering of those affected by this disaster. “Our hearts go out to all those impacted. During this challenging time, we are committed to working closely with local partners to understand how we can best support them,” said Tracy Jin, VP of MEXC.“We’re honored to stand alongside our users and the community, doing everything we can to provide a safe space where they can find relief and support as they rebuild and work to keep their loved ones safe.” Since the onset of the crisis, the MEXC Spain team has collaborated closely with local relief organizations to ensure aid reaches where it is most needed. This initiative reaffirms MEXC’s longstanding commitment to supporting communities in times of need, exemplified by its recent efforts during the 2023 Türkiye earthquake, where MEXC contributed 1 million Turkish Lira to aid emergency responses. Partnering with local organizations, MEXC provided essential support to expedite relief efforts and address urgent needs on the ground. MEXC remains steadfast in its dedication to delivering timely, impactful assistance, strengthening resilience and solidarity in the communities it serves. About MEXC Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 30 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Many interesting initiatives are about to cross the $1 barrier as the Bitcoin market gets ready for a possible bull run. Every one of these coins presents special value propositions, practical uses, or cutting-edge technologies ready to propel expansion and attract investor attention. From newly developed distributed markets to coins with known use, this list identifies five cryptocurrencies most likely to surpass the $1 mark shortly. 1.Rexas Finance (RXS) The way we view real-world asset (RWA) tokenization is being changed by Rexas Finance. Rexas Finance is democratizing access to high-value assets by allowing fractional ownership, therefore bringing traditional assets including real estate, art, and commodities onto the blockchain. This platform is inclusive and accessible since it lets everyone invest in usually illiquid assets. Rexas Finance guarantees a safe, open, and quick approach to handling and trading tokenized assets with its integrated ecosystem including an RXS token, smart contracts, artificial intelligence tools, and decentralized finance (DeFi) capabilities. Currently in its fifth presale phase, RXS has already raised approximately $5.45 million in money from more than 112 million tokens sold across several platforms. Upon launch, its listing price is scheduled to be $0.20; as the platform opens on tier-one exchanges, analysts project robust expansion. Rexas Finance is becoming more and more popular, so in a future bull run RXS’s price might easily rise over the $1 mark. This makes it an interesting option for investors seeking projects with sensible use and long-term development potential. 2.Artemis (ARTMS) Often referred to be the “Amazon or eBay of the crypto world, Artemis is carving out its own as a dispersed marketplace fit for bitcoin transactions. Along with Bitcoin and Ethereum, the website lets users purchase, sell, and exchange products and services using cryptocurrencies like its native Artemis Coin (ARTMS). Artemis presents a clear and effective platform by using blockchain technology, smart contracts for safe, automated transactions, and distributed data security by means of distributed storage. Artemis, with a modest entrance price, is positioned as a marketplace with long-term promise especially as the need for crypto-driven e-commerce solutions keeps rising. The platform’s emphasis on a user-friendly interface and support of many blockchain networks improves its attractiveness and scalability, therefore preparing ARTMS to surpass the $1 barrier as the ecosystem grows. 3.VeChain (VET) The leading blockchain initiative with supply chain logistics and product validation is VeChain. Emphasizing sectors such as food safety, healthcare, and luxury goods, VeChain’s blockchain technology tracks commodities and guarantees their authenticity and handling for both consumers and companies. The great transparency and efficiency VeChain’s solutions offer let businesses maximize processes and cut expenses. Unlike many ideas for a blockchain, VeChain is already being applied by multinational corporations. Its real-world use cases and pragmatic application set it apart among blockchain candidates. As blockchain use in supply chain and logistics sectors rises, VET has great potential for expansion now trading under $1. VeChain’s growing use and increasing value could propel VET past the $1 mark, thereby presenting a great opportunity for investors looking for businesses with verified practical use. 4.BlockDAG (DAG) Scalability, speed, and security are three of the key issues of conventional blockchains that BlockDAG is creatively tackling. BlockDAG can handle transactions in parallel using Direct Acyclic Graph (DAG) technology, therefore avoiding the linear blockchain systems’ bottleneck. Faster transactions and increased throughput made possible by this method make it especially appropriate for distributed finance (DeFi) applications and other uses demanding efficiency. BlockDAG presents a balanced approach that’s both safe and scalable by combining the security of Proof of Work (PoW) with the speed and scalability of DAG. Its hybrid consensus technique helps the system to keep strong security and decentralization while handling thousands of transactions per second. Offering a convincing entry point for investors looking for innovative blockchain technology, BlockDAG’s low current price and excellent scalability potential help it to be a strong candidate to exceed the $1 mark as adoption grows. 5.Ripple (XRP). Native currency of the Ripple network, XRP is a well-known cryptocurrency used in international payments. XRP has a specific use case unlike most digital assets: enabling banks and financial organizations to quickly and affordably cross-border transactions. Compared to conventional systems, Ripple’s technology lets financial institutions shift money across borders in seconds, therefore lowering both the time and expenses required. XRP is still a highly sought-after asset in worldwide finance despite U.S. legal obstacles; many analysts think its potential for expansion is really great. XRP is probably going to leap beyond $1 as the regulatory scene gets clearer, particularly considering its accepted use case and acceptance by big financial players. This coin is a good investment choice since it is positioned to gain from rising general acceptance. Conclusion Each of the five coins—Rexas Finance (RXS), Artemis (ARTMS), VeChain (VET), BlockDAG, and XRP—offer special chances for development. From driving innovation in asset tokenization and distributed markets to boosting supply chain transparency and payment efficiency, these projects are the leading edge of blockchain technology development. These coins are positioned to cross the $1 mark since the market is ready for a possible surge, which attracts investors trying to profit from the next wave of crypto development. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

As the crypto industry attracts fresh interest, Ripple (XRP) is showing encouraging indicators of expansion. XRP is expected to skyrocket to $0.75 in Q4 2024 as positive events materialize; it is now trading at $0.5122. The coin is becoming more popular with the possible acceptance of XRP as a payment method among BRICS countries and positive changes in its legal scene. Still, despite these positive forecasts, more and more investors are focussing on a rising competitor: Rexas Finance (RXS). Rexas Finance has rapidly become a top alternative for forward-looking investors with practical uses and an amazing presale performance. Rexas Finance trades at $0.070 and shows potential to reach $12.60 by 2025. Why XRP’s Momentum Isn’t Enough Given XRP gains from increasing use cases and institutional adoption, its possible increase to $0.75 is very fascinating. XRP still mostly pays cross-border transactions, nevertheless. Although this utility is great, many investors are increasingly looking for tokens that use blockchain technology to link actual assets with financial activities going beyond simple transfers. Tokenizing physical objects has piqued interest in Rexas Finance (RXS), a project providing original ideas that make conventional assets traded on the blockchain easily available. Although XRP might witness increases in the next months, Rexas Finance provides a larger scope that attracts a wide spectrum of investors. Worth trillions, the real-world asset (RWA) tokenization industry has a huge potential for development and innovation—a sector in which RXS is actively positioned to seize. Rexas Finance (RXS) Gains Investor Confidence with a Real-World Asset Tokenization Platform Investors ready to profit on an RWA token meant to change asset ownership are attracted to the Rexas Finance presale, which is creating a lot of noise. In just five stages, the RXS presale has been rather successful having raised over $5.65 million and sold more than 112 million tokens. Beginning at $0.030 in Stage 1, RXS has jumped to $0.070 in Stage 5, therefore demonstrating an astounding 163% price rise thus far. Those who join now stand to win from ongoing increases as the presale moves forward; the price is set to be $0.20 at debut in early 2025. Rexas Finance funds from a community-oriented standpoint, avoiding conventional venture capital and instead creating a committed investor base. This approach fits the goal of the project—that of building an all-accessible dispersed platform. Especially, RXS is projected to open on three of the top 10 tier-1 exchanges, so offering great exposure and liquidity. But presently, it boosts presence onCoinMarketCap and CoinGecko. One very notable quality of Rexas Finance is its dedication to accessibility and simplicity. Regardless of technical experience, the user-friendly interface of the platform is meant to suit both people and companies equally. Users may tokenize a variety of assets, from real estate to commodities, therefore enabling ownership and exchange in an open and safe manner. Rexas Finance distinguishes itself from conventional financial models with this simplicity of use and democratization of asset tokenizing. To add to the buzz, Rexas Finance is running a $1 million RXS giveaway with around 176,000 entries thus far. Twenty lucky winners will each get $50,000 in RXS, which will pique more presale demand. By finishing little chores on the Rexas Finance website, participants can raise their chances and help to create a fast-expanding community around the token. Future Growth Projections: Rexas Finance Set to Outpace XRP Although XRP’s expected rise to $0.75 could provide interesting returns, Rexas Finance presents much more growth potential. Based on current forecasts, RXS might soar to an amazing $12.60 by 2025, meaning a stunning 18,000% increase from its presale price of $0.070. Rexas Finance’s position in the RWA tokenizing market fuels this expected expansion since blockchain technology is expected to drastically change asset management. Investors seeking this change from speculative assets to blockchain solutions with useful uses are swarming to Rexas Finance. RXS is rapidly establishing itself as the preferred token for individuals wishing to profit on the next wave of blockchain expansion with its community-driven approach, creative platform, and significant market demand. The Bottom Line XRP’s upward path to $0.75 indicates it still has promise, but Rexas Finance presents a forward-looking substitute with more expansion possibilities to investors. Despite XRP’s expected rally, investors are betting big on Rexas Finance instead as it is poised to rally 18,000% in 2025. Rexas Finance might be the chance you have been waiting for if you are searching for a crypto investment with real-world uses and a strong growth projection. Don’t miss the RXS presale, where early on a project scheduled to reinvent asset ownership and lead the next generation of crypto innovation can be accessed. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Halloween Giveaway: https://x.com/rexasfinance/status/1851983620765852009 Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

Bittensor (TAO) price volatility is palpable, with a recent low of $407 swiftly rebounding to $432. Solana (SOL) is on the rise too, climbing past $167. Both digital currencies are tethered to the broader market, notably Bitcoin’s dramatic price shifts. When Bitcoin climbs, they ascend; when it falls, they plummet. Meanwhile, BlockDAG (BDAG) strides on, undeterred by these external market gyrations. With a presale haul of over $116 million, its focus on technological innovation and community bonding is clear. A standout feature is the TG Tap Miner, capturing the attention of over 70,000 users. This Telegram-based game rewards participants with Tap Points, soon to be exchangeable for BDAG coins at the launch of the main network. BlockDAG’s strategy to harness internal capabilities instead of swaying with market currents marks it as a go-to for those desiring dependable growth and enduring value. Bittensor’s Price Rollercoaster Bittensor (TAO) has witnessed wild swings, nosediving below $500 and moving below its 50-day SMA. The price dropped over 5% to $493 on Wednesday, slid further to $484 by Thursday, and down to $462 on Friday. On Saturday, it tumbled yet again by 5.4%, falling to $437 and bottoming out at $407 on Sunday. Although the trend appeared bearish, the latest uptick may suggest a turn towards stability. Solana’s Ascent Toward $200 As Solana (SOL) gains momentum, recently exceeding $167, the crypto community buzzes with talk of reaching $200. This surge parallels Bitcoin’s rally, igniting widespread optimism. Solana’s significant activity surge on decentralized exchanges (DEX) has seen volumes hitting $11.86 billion weekly, surpassing even Ethereum’s layer-2 volumes. The balanced demand in SOL futures shows robust trading interest. However, Solana’s reliance on the larger market mood means that the pursuit of consistent price gains continues. 70,000+ Users Dive Into BlockDAG’s TG Tap Miner Well-known cryptos like Bittensor and Solana frequently feel the impact of broad market swings and macroeconomic shifts. These fluctuations can often result in frustrating losses, rather than gains, for those involved. For those searching for a more predictable venture, emerging ventures like BlockDAG bring a wave of excitement. Built on a foundation of technological innovation and community involvement, BlockDAG thrives away from the tumult of the external markets. Take, for example, the TG Tap Miner game on Telegram. Participants earn ‘Tap Points’ by catching falling balls, with each point convertible into BDAG coins once BlockDAG’s main network is up and running. This engaging and straightforward game has not only been a fun way for users to increase their holdings but also a social one, as inviting friends boosts their earning potential. This has propelled the TG Tap Miner’s user base beyond 70,000. BlockDAG’s presale has turned heads too. Within just a few months, it amassed over $116 million, distributed 15 billion coins, and yielded a remarkable 2,100% return to its earliest backers. With its focus on community and a robust ecosystem, it’s no wonder that an increasing number of crypto enthusiasts are flocking to BlockDAG, looking for both stability and excitement. Which Crypto Will Take the Lead? While Bittensor is making a slow comeback and Solana continues its steady ascent, their vulnerability to external market conditions makes it a cautious choice for some. BlockDAG, on the other hand, bucks this trend, fostering growth from within its own ecosystem, untouched by the broader market’s fluctuations. Its TG Tap Miner not only captivates users but also strengthens its community. So far, BlockDAG’s presale has not only succeeded in raising over $116 million but has also delivered an astonishing 2,100% return to those who got in early. For those weary of the unpredictability that comes with market-dependent cryptos, BlockDAG offers a stable and invigorating alternative. Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

Analysts see that Ethereum has the potential to reach a new all-time high by December after it achieved its first breakout in three months. Its growth can be attributed to the growing optimistic sentiment on cryptocurrencies fueled by the results of the recently concluded national elections. Ether Breaks The $3,000 Barrier Data has shown that Ethereum experienced a big price hike–a growth that analysts said could be the result of the triumphant victory of Donald Trump in the US elections. Analysts said that the second largest crypto in terms of market capitalization was able to move past the “critical” $2,000 level, peaking at $3,179 on Sunday noon. Ethereum’s price rally is being viewed as an indicator that after a period of stagnation, the digital currency will gain momentum and will be on the road to recovery, which is good news for ETH investors. Many analysts suggested that the growth has something to do with the incoming Trump administration. During the campaign, Trump has already hinted that he is more inclined to have more favorable regulations on cryptocurrencies. Hence, his victory signaled great optimism about the future of crypto under his leadership. Ethereum is among the digital currencies riding on this optimism, resulting in a 20% price hike in the past week. Analysts also note that another major contributor to the bullish momentum is the significant increase in spot Ether ETF inflows. On November 8, data showed that inflows recorded a weekly high of $85.9 million, an indicator that investors are getting more confident about the long-term potential of Ether. An All-Time High Is Possible Market commentators said that many indicators showed that a new all-time high for Ethereum could be just around the corner, saying that it could reach $3,366 any time soon. They added that ETH increased by 8% last Thursday. Analysts predicted that the crypto could hit a new all-time high by December, fueled by a growing demand for the top altcoin. One of these growth indicators is the coin’s open interest which is also on the rise. Reports illustrated that ETH’s futures open interest (OI) experienced a massive uptick. It increased by about 20% to $16.18 billion from $13.05 billion in the last two days. Analysts explained that OI refers to the total number of outstanding contracts in a derivatives market. They added that if OI went up together with prices, it meant new funds were entering the market to fuel an upward trend. If Ethereum’s OI keeps on growing, it might result in a massive price surge, propelling the digital coin to reach a new record high before the year ends. The $10,000 Projection Analyst Ali Martinez forecasted that there is a possibility that Ethereum could reach the $10,000 mark, saying that breaching the $3,000 level is only the start of the upward price movement. Martinez claimed that ETH is on the right trajectory to attain the $10,000 level, comparing the crypto to the S&P 500. Geoffrey Kendrick of Standard Chartered agrees with the prediction, saying that ETH could hit that level soon. Kendrick explained that the anticipation of clearer crypto regulations by the new administration and what is being perceived as a crypto-friendly government could fuel this massive growth. Featured image from OneSafe, chart from TradingView

Ethereum has reached a new local high at $3,219, marking an impressive 35% surge since last Monday. This rapid rise has ignited strong optimism among analysts and investors, who now see Ethereum as primed for further gains as it begins to show strength against Bitcoin. The rally reflects renewed confidence in ETH’s potential, especially as major stakeholders increase their activity. Key data from Santiment supports this bullish outlook, highlighting a significant spike in whale transactions. Increased activity among large ETH holders often signals accumulation, suggesting that influential players see the potential for Ethereum’s continued growth. This uptick in whale transactions is typically seen as a precursor to further price appreciation, as it indicates sustained interest from high-volume investors. As ETH continues to rise, analysts are closely watching its performance against Bitcoin, noting that Ethereum’s recent momentum could indicate the beginning of a more sustained uptrend. Ethereum Bull Phase Starting Ethereum has officially entered a bullish phase after decisively breaking key resistance levels and establishing a positive price structure. Recent data from Santiment confirms this upward trend, as Ethereum is now showing strong growth metrics that suggest further gains may lie ahead. Whale transaction data points to a significant increase in activity from major stakeholders—wallets holding substantial amounts of ETH—who have actively contributed to Ethereum reaching its highest price in over 14 weeks. In addition to heightened whale activity, Ethereum’s transaction volume has surged, reaching as much as $10.4 billion over the past several days. This volume spike is an encouraging sign of rising demand and sustained interest in ETH at its current levels. Large transactions often signal confidence from institutional players and high-net-worth investors, reinforcing the bullish sentiment around Ethereum as they increase their holdings. Santiment analysts suggest that Bitcoin’s performance during this bull run could serve as a catalyst for Ethereum, with profits likely redistributing from BTC to ETH as market participants diversify into top altcoins. This dynamic has historically benefited Ethereum during strong market cycles, potentially setting the stage for ETH to revisit its previous all-time high. Additionally, Ethereum’s network activity appears robust, another key indicator of sustained growth potential. With increased stakeholder participation, high transaction volume, and a healthy network, Ethereum seems well-positioned for continued upward momentum in the current bullish environment. ETH Testing Fresh Supply Ethereum (ETH) is currently trading at $3,170, showing strength after an aggressive move above the 200-day moving average (MA) at $2,955. This breakout above a long-term resistance level signals that bulls are now firmly in control as ETH reaches new supply zones. Holding above the 200-day MA is a positive indicator for sustaining the bullish trend, as this level often supports price action when breached on an upward move. If ETH experiences a pullback, a drop back to the 200-day MA around $2,955 would represent a healthy retracement, potentially setting the stage for further gains. A consolidation at or near this level would likely attract more demand, supporting a continuation of the uptrend. However, the current strong price action combined with fresh demand entering the market could propel Ethereum even higher without a significant pullback. The momentum ETH is building now may help it break through successive supply levels in the near term, pushing toward higher targets. For now, Ethereum’s upward trajectory is supported by solid technical levels and a market environment increasingly favorable for continued gains. Featured image from Dall-E, chart from TradingView

The crypto investment scene is rapidly evolving, incorporating cutting-edge advancements from finance to AI. Investors are rallying behind projects that can swiftly pivot and upscale as the influx of new crypto enthusiasts grows. While Solana might stumble, BlockDAG (BDAG) is sprinting ahead, adeptly overcoming challenges in this very arena. Users have encountered disruptions with Solana, casting doubt on its decentralization claims. Meanwhile, BlockDAG has made quick adaptation and scalability its hallmark. Solana’s Rapid Rise to Fame Launched in 2020, Solana has quickly captured the market with its lightning-fast transaction speeds and minimal fees, becoming the go-to for developers and users who prioritize efficient, high-volume transactions. It leverages Proof of History (PoH) and Proof of Stake (PoS) to accelerate processes, making it perfect for NFTs and gaming apps. Yet, Solana’s remarkable speed is not without its downsides. It has faced occasional network blackouts and decentralization challenges, which have sparked debates about its reliability and resilience. BlockDAG: Shaking Up the Standard BlockDAG has soared in the crypto sphere, largely thanks to its integration of Directed Acyclic Graph (DAG) technology with Proof of Work (PoW), a formula that promises scalability and security. BlockDAG’s DAG configuration allows for the simultaneous processing of multiple transactions, a stark contrast to the sequential approach of traditional blockchains. This capability significantly boosts transaction capacity, tackling a major scalability challenge head-on. PoW adds a layer of security by demanding computational work to verify transactions, defending the network against potential threats while maintaining high efficiency. The overwhelming success of BlockDAG’s presale, amassing over $116 million with 15 billion coins sold and yielding a staggering 2100% ROI for early holders, underscores the burgeoning interest in its technology. Currently in its 25th batch, BlockDAG’s ongoing presale continues to draw buyers, striving to become a frontrunner in blockchain speed and security. Who Faces Greater Scalability Hurdles? BlockDAG’s adoption of the Directed Acyclic Graph (DAG) structure not only distinguishes it in scalability but also enhances its robustness, enabling it to handle large transaction volumes efficiently. Unlike Solana, which claims high transactions per second but has encountered significant operational challenges, including outages and bottlenecks at critical times, BlockDAG’s architecture cleverly avoids such drawbacks. It enables parallel processing of transactions, which significantly boosts its scalability and ensures network stability. This strategic configuration allows BlockDAG to sustain high performance levels as demand escalates, avoiding the operational hiccups that Solana experiences. As BlockDAG’s network grows, its distinctive technology supports a scalable framework that meets the increasing requirements of both users and developers. Questioning Solana’s Decentralization BlockDAG champions decentralization, promoting broad-based participation in securing the network, free from the stringent hardware requirements that platforms like Solana impose. Although Solana is quicker, it demands expensive setup for validators, reducing accessibility and pushing toward a more centralized framework. With only about 2,000 active validators, control within Solana tends to cluster among those who can afford the steep operational costs. In stark contrast, BlockDAG’s use of DAG and PoW supports a more inclusive and decentralized framework, enabling wider participation and bolstering security and resilience by diluting the potential for control by any single entity. BlockDAG’s steadfast dedication to genuine decentralization makes it especially attractive to crypto traders focused on a transparent and equitable network. Key Insights As the crypto landscape swells with new users, developers, and traders, the emphasis on speed and scalability becomes paramount. Solana struggles with efficient scaling, while BlockDAG is engineered for growth from the ground up. BlockDAG emphasizes seamless, continuous operations, steering clear of the stability issues that occasionally hamper Solana. This proactive, future-ready strategy keeps the market buzzing—BlockDAG isn’t just planning for what’s next; it’s preemptively solving potential problems. With BDAG coins priced enticingly at just $0.022 each, it presents an irresistible option for those in search of a network designed to thrive amid growing demand and adapt seamlessly to future market shifts. Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

Bitcoin continues to excite the market, finally breaking the $79k level for the first time, Sunday — and nearing the vaunted $80k level, courtesy of many positive factors, one of which is the US election win of Donald Trump. The cryptocurrency market is having a moment, driven by the results of the US elections and the surge of inflows to Bitcoin ETFs. As Bitcoin rewrites its bullish price narratives, many market watchers and analysts share their opinions and outlook. Bitcoin’s breach of the key $79,000 barrier is just the beginning for many in the industry. On Sunday, November 10th, BTC reached $79.158 on Coinbase, hitting a new all-time high. While some traders look at selling, many analysts recommend playing the market conservatively and “not making any impulsive moves.” Tuur Demeester, a Bitcoin analyst, shared on his Twitter/X post that “HODLing” is the best Bitcoin strategy. Expect A Bullish Trend For Bitcoin, Analysts Say Demeester suggests that Bitcoin’s price rally is just starting, and holding is the best strategy. He further shared that now’s the best time to sit tight and wait for further price action. Demeester’s recent post on Bitcoin echoes the sentiment of other Bitcoin market analysts. Other analysts also shared the same sentiment, saying that although the asset has reached an all-time high, there’s still room for increase, pointing out that Bitcoin’s distance between price and its 200-day average is still cooled off, suggesting more upside. Primed For Price Surge Many crypto traders offer a bolder sentiment on Bitcoin, saying the alpha coin is destined to pump. They added that the price may drop this coming Monday or continue its upside with increasing market demand. Several rallies to new highs punctuated Bitcoin’s recent market performance. After hitting $73,679 on November 5th, the alpha crypto surged to $76k the next day before topping the $77k level on November 8th. Looking Ahead: Bitcoin’s Next Target Is $85k Or Higher Bitcoin isn’t new to market surprises and crazy price runs. Some experts count Bitcoin to hit $82k to $85k or even higher. Analysts like Jan Van Eck, CEO of VanEck, make a bolder claim, suggesting that Bitcoin will hit $300k soon. According to Van Eck, his price target is still conservative, and he expects that coin can easily approximate half of gold’s total valuation. Market data back Van Eck’s analysis and the projections of other analysts. According to recent reports, there is a growing interest in Bitcoin, mainly in US BTC ETFs. On November 8th, the market enjoyed a $293 million inflow into ETFs, although this was a billion lower than its previous day’s performance. Featured image from Ninja Trader, chart from TradingView

Solana, the leading Layer 1 blockchain platform, has at last overcome the critical $200 barrier, giving investors new hope. This milestone feeds expectations of more price increases and marks a turning point following a period of consolidation. Some optimistic market onlookers are viewing this price action as a sort of launching pad for long-term bullish trends. If the price breaks above the $200 level, Rekt Capital pointed out, the months-long downtrend of Solana might finally be over. Additionally, he said, for SOL’s advance to be fully absorbed, it must close the week above $202. Technical Indicators Reinforce Bullish Sentiment Several technical indicators are still confirming the positive tone, which prevails in Solana. Both the 50-day and 100-day Exponential Moving Averages are below the current price, displaying consistent upward movement with strong support in the last retracements, while the bullish crossover provides more significant reasons to continue the short-term up the medium-run channel. Its MACD recently crossed above the signal line, indicating that this upward movement might continue. Momentum is also provided by CMF as it shows a reading of 0.17. It represents the buying pressure, which is strong enough because the capital inflow is more than the outflow and hence indicates that investors are even more interested in the stock. The Relative Strength Index is an additional indicator that supports the present price movement of Solana. This indicates that SOL has adequate leeway for additional growth even if it is nearly at its overbought range. Together, the technical indications should provide a strong basis, indicating that Solana’s upward trend may continue as long as volume and investor sentiment are sustained. Potential Resistance And Future Market Projections While the performance of Solana in recent days looks good, it reaches a possible resistance point close to its former all-time high of $260. Market observers say that if SOL could continue its momentum and surpass this mark, buyers looking for a good entry opportunity for the bullish momentum may return to the market. Analyst CROW finds optimism in this argument and thinks that this may take it as high as $800 in 2024 as Solana has already taken from $25 to $260. However, other analysts recognize a “Bull Flag” pattern in the weekly chart of Solana. This is typical for a breakout following some consolidation. Since SOL broke up above $200, Titan of Crypto might call for a $1,400 target, which speaks well for the strong faith of the market in the long-term performance of Solana. Given all the technical indicators and analyst calls, there may be scope for further upside. With continued investor interest and healthy trade volumes, SOL will most likely test its recent all-time high of $260 or more in the next few weeks. Featured image from SOPA Images / Getty Images, chart from TradingView

Midland, Cayman Islands, November 10th, 2024, Chainwire Suirum, the latest meme-themed sensation on the SUI blockchain, is thrilled to announce the upcoming launch of its $SUIR token on Cetus Protocol, following a presale that has raised over 67,000 $SUI, with a few hours left before the pre sale concludes. Suirum is the first meme coin on the SUI blockchain. Unlike typical meme coins driven solely by hype, Suirum aims to bring innovation, community engagement, and sustainable value to the world of digital assets. The $SUIR token will officially launch on Cetus Protocol at a listing price 50% higher than the presale price. Suirum’s Features Suirum is embracing a community-first approach and offering a unique deflationary mechanism. With every transaction, a portion of $SUIR tokens are burned, reducing the total supply and increasing scarcity. This innovative tokenomics design can encourage long-term holding Additionally, 60% of the total $SUIR supply—equal to 600 million tokens—has been allocated to the presale, making this a community-driven initiative. This presale model has attracted interest, with Suirum raising 67,000 $SUI so far. Suirum Presale Details Token Supply: 1 Billion $SUIR Tokens Presale Allocation: 600 Million $SUIR Tokens (60% of the total supply) Presale Status: 67,000 $SUI Raised, Less Than 7 Hours to Go Listing Platform: Cetus Protocol, at a 50% higher price than the presale price How To Join Suirum Presale Here’s how users can join the presale: Setting Up a Wallet: Starting by setting up a SUI-compatible wallet, such as SUI Wallet or Suiet Wallet. These wallets are necessary for interacting with the SUI blockchain. Buying $SUI Tokens: Users will need $SUI tokens to participate in the presale. $SUI can be acquired from exchanges like Binance, Coinbase, or Bybit. For the Suirum Presale Page: Users can go to suirum.com/sale, click on “Buy $SUIR”, copy the presale address and send $SUI to secure their $SUIR tokens. Tracking the Contribution: Once a user has contributed, they can visit the leaderboard page to track their position. The Top 10 contributors will receive a 20% token bonus upon the end of the presale. Tokens will be distributed within 48 hours after the presale ends. About Suirum ($SUIR) Suirum is a meme project launched on the SUI blockchain. Its $SUIR token represents a new type of meme coins that are built for growth and community involvement. With innovative tokenomics, a deflationary supply model, and a vibrant community, Suirum is set to redefine the memecoin landscape on SUI. The upcoming listing on Cetus Protocol, with a price 50% higher than the presale, is the beginning of this journey. Users can stay up-to-date on Suirum by following on X (Twitter) or joining the community on Telegram and Discord. For the Suirum Presale page: suirum.com/sale. Contact CTO Charles Drimelo Suirum [email protected]

As the crypto bull run gains momentum, investors are on the lookout for affordable altcoins with high potential for explosive growth. Here are five low-cost options you should consider right now: Dogecoin (DOGE) Dogecoin is a meme-based project that has huge potential in the crypto world. Dogecoin is a digital asset that utilizes a custom proof-of-work consensus protocol to enhance instant payments on its ledger. Shiba Inu (SHIB) Shiba Inu aims to develop a huge ecosystem in the crypto industry. Shibarium is a layer-2 blockchain solution that focuses on DeFi applications. In addition, the project has enabled NFTs and staking options, looking to add real-world uses and attract many users. Cardano (ADA) Cardano is a blockchain-crypto project that has huge potential to reach 25X. Moreover, the Cardano team is working continuously on the project’s upgrade. Many developers and DApps, are migrating now to Cardano. This indicates the price of ADA will rise. Tron (TRX) TRON is a decentralized, blockchain-based operating system with smart contract functionality, proof-of-stake principles as its consensus algorithm, and a cryptocurrency native to the system, known as Tronix. Rexas Finance (RXS) Rexas Finance is the user’s gateway to the future of asset management. Rexas Finance enables users to own or tokenize digitally any real-world asset, from real estate to commodities, on a worldwide scale. With Rexas Finance, users can gain a market where asset investment chances are endless. Rexas Token Builder: It is normally used to tokenize their real-world assets and commodities. To make it easy for individuals to get digital ownership and offer access to the global market. Rexas Launchpad: This feature helps the asset owners raise funds for their tokenized assets, offering liquidity and new investment options for the crypto users. Rexas Estate: The project’s one of the most exciting features is Rexas Estate which enables crypto users to co-own the real-world assets and earn passive income in stablecoins. Rexas GenAI & DeFi: It is mainly utilized by artists who can use Rexas GenAI to develop and tokenize digital artworks, while Rexas DeFi allows users to swap digital assets across multiple networks with ease. Rexas Treasury: A multi-chain yield optimizer that enables users to earn compound interest on their crypto deposits, which adds one more layer of financial utility to the project. Despite all these features and benefits, Rexas Finance (RXS) has not reached any Venture Capital for investment, instead, the project began its presale on September 8, 2024. Furthermore, the total supply of RXS tokens is 1 billion. Rexas project has raised over $5.45M until now, with the fourth stage of presale over. This presale program is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization. Moreover, Rexas Finance has been listed on CoinMarketCap and CoinGecko, moreover, it will be listed on top 3 tier 1 exchanges. About Rexas Finance (RXS) Rexas Finance is the user’s gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.

The Dogecoin price action since the beginning of the week has been nothing short of impressive. Notably, the price of Dogecoin has doubled in the past 30 days, with price data highlighting a 115% increase within this time frame. This impressive Dogecoin price rally has seen the meme coin break above $0.22 for the first time since April 1, which is more than seven months ago. Interestingly, this break means the memecoin price is now trading at its highest point so far in 2024. Furthermore, the Dogecoin price rally has seen many more holders crossing into profitability. Dogecoin 7-Month High Pushes Majority Into Profitability Data from IntoTheBlock indicates that the vast majority of DOGE holders are currently in profit thanks to the recent price rally. Particularly, IntoTheBlock’s profitability metric shows that 5.82 million addresses, representing 91.17% of the total addresses, are currently in profit. In terms of a specific buy zone close to the current price, the profitability metric from IntoTheBlock also shows that a majority (62.35%) of addresses that bought between $0.178537 and $0.242947 are making money at the current price. As we enter a new week, the price of Dogecoin faces two paths based on current market dynamics and holder profitability. One scenario is a substantial cool-off in the Dogecoin price rally. Although the price is on a rally streak, the recent attainment of a new 2024 high could see it challenges in surpassing key resistance levels. With a large number of holders now in profit, some may be inclined to sell and lock in their gains, which could introduce downward pressure on the price. If this wave of profit-taking exceeds buying interest, DOGE could experience a significant price pullback. On the other hand, Dogecoin may continue its rally, which would set the stage for further gains in the coming week. If buying momentum continues at this pace, Dogecoin could easily approach its all-time high of $0.7316 before the end of the year. At the time of writing, DOGE is trading at $0.2352 and is up by 11.5% in the past 24 hours. Analyst Says Dogecoin Will Reach $1.17 Soon Only time will tell whether Dogecoin’s price will sustain its upward momentum or enter a consolidation phase. Still in the interest of bullish momentum, a crypto analyst known pseudonymously as Mags (@thescalpingpro) on social media platform X has predicted a continued rally for the coin’s price. According to Mags, we are currently in a meme coin supercycle. Furthermore, the Dogecoin price chart shared by the analyst highlighted an upcoming parabolic rally for Dogecoin, as it looks to break out above a test pump earlier in the year. As such, Mags predicted a Dogecoin price rally with a target at $1.17, which would represent a 400% increase from the current price. “$DOGE pump will melt faces,” the analyst said. Featured image from Marly & Dan, chart from TradingView

Avalanche (AVAX) has surged over 40%, reaching a critical supply level that, if broken, could trigger a substantial rally. The recent surge has captured the attention of traders and investors who recognize the potential of Layer-1 blockchains as AVAX positions itself as a leading contender in the space. Among those following this development closely is top analyst and investor Kaleo, who recently shared a technical analysis with a bullish price target of $420 for AVAX. Kaleo’s optimistic outlook aligns with broader market sentiment as Bitcoin and Ethereum continue to rise, creating a favorable environment for blue-chip altcoins like Avalanche to make significant moves. The next few days will be critical in determining whether AVAX can push through this supply level and confirm its bullish trajectory. As more attention shifts toward AVAX and other high-profile altcoins, an aggressive upward move could soon follow, solidifying Avalanche’s status as a key player in the Layer-1 blockchain sector. Avalanche Rising Above Key Levels Avalanche recently surged above crucial supply levels, breaking through resistance points that had constrained its price for weeks, with the $30 mark emerging as particularly significant. This breakout has bolstered optimism for AVAX’s long-term potential, as it hints at a bullish shift in momentum. Top analyst and investor Kaleo has taken to X to share his technical analysis, displaying a detailed AVAX price chart with key levels highlighted. According to Kaleo, Avalanche’s potential in this cycle could drive its price to an ambitious target of $420, representing a remarkable 1,200% surge from current levels. For this bullish scenario to unfold, AVAX must maintain its current momentum and break past additional resistance. Specifically, the price needs to surpass the last higher high around $33, which would strongly confirm a sustained bullish structure. Clearing this level would likely increase market confidence and attract new investors, as the confirmed uptrend would signal a potential long-term rally. As AVAX continues its upward trajectory, investor interest in Layer-1 blockchain platforms like Avalanche grows, underscoring the broader market’s belief in the value of decentralized networks. If AVAX can successfully consolidate above $30 and break $33, it may open doors for substantial gains in this cycle. AVAX Technical Levels To Watch Avalanche is currently trading at $31.4 after breaking above its 200-day moving average (MA) at $28.1, marking a significant achievement in AVAX’s price structure. This move has brought AVAX into a critical supply zone that has restrained its growth since early June. For bulls aiming to confirm a sustained bullish trend, AVAX needs to exceed the $33 mark and establish it as a reliable support level. Holding this level could signal a stronger uptrend and attract additional investor confidence. However, a healthy consolidation phase could be beneficial at this point. A pullback to test the $29 level as support would reinforce market stability, allowing AVAX to gather momentum before attempting the next major push upward. For now, AVAX’s price action appears strong, and a breakout above $33 could set the stage for a long-term bullish phase in the altcoin market. Featured image from Dall-E, chart from TradingView

The price of Bitcoin showed a highly positive reaction to Donald Trump’s emergence as the next US President, gaining by 9.62% in the past week according to data from CoinMarketCap. Amidst this price rally, Bitcoin established a new all-time high at $77,252 on November 8 but has since retraced by over 0.5%. Commenting on the asset’s potential next movements, analyst Ali Martinez postulates BTC may be set for significant corrections which may present opportunities for reaccumulation. Bitcoin Likely To Fall To $69,000 – Here’s How In an X post on November 9, Martinez predicted that Bitcoin may finally record some significant price pullback, after days of bullish uptrend triggered by US election results and the Federal Reserve’s latest decision to initiate a 25 bps rate cut. Following the premier cryptocurrency’s descent from above $77,000, Martinez explains the price movement indicates a fall from a rising wedge which is a chart pattern that signals a potential reversal in an uptrend due to converging highs and lows. If this signal holds, the popular crypto analyst predicts Bitcoin could fall to around $73,900. Albeit, intense selling pressure could cause a further decline to $71,500, with $69,000 emerging as a strong support level in a worst-case scenario. Interestingly, Ali Martinez shares he has set buy orders at all these support regions as any potential price recorrection by Bitcoin presents a good opportunity for massive purchases at lower prices. This trading strategy emerges from the general belief that the Bitcoin bull season is still in its early phase despite significant price rallies in the past few weeks. Analysts continue to postulate a six-figure price target by the end of 2024, indicating potential for magnanimous price gains in the upcoming year. BTC Leverage Ratio Hits 2-Year High In other news, data from analytics firm IntoTheBlock shows that the ratio of Bitcoin’s Open Interest to its market cap is 5.93%, which is the highest value of this metric since the FTX collapse in November 2022. This development indicates that traders are holding a high level of leveraged positions, which can result in drastic volatility levels upon any minute price changes, thus adding to the growing sentiment around an incoming price correction. At the time of writing, Bitcoin exchanges hands at $76,740 following a 0.70% decline in the past 24 hours. Meanwhile, the assets trading volume is down by 44.63% and valued at $31.87 billion. However, the maiden cryptocurrency continues to retain global headlines following its 27.76% price gain in the last month, resulting in a market cap value of $1.51 trillion.

The emergence of Donald Trump as the president-elect of the United States has been one of the biggest catalysts the crypto market has seen this year. The meme coin market has largely benefited from the recent bullish sentiment in the crypto industry, with the price of Dogwifhat (WIF) also running rapidly to the upside. Although this spurt of bullish momentum has drawn the attention of traders and other market participants, several investors are still treading with caution while anticipating a brief pullback. However, a prominent crypto analyst believes it is time to buy and has come forward with an audacious projection for the price of Dogwifhat. Solana-based Meme Coin Dogwifhat To Rally 20% — Here’s How In a November 9 post on the X platform, crypto pundit Ali Martinez shared an exciting analysis of the WIF price, explaining that the meme coin might not be done just yet. Based on recent price action, the Dogwifhat token appears to be in line for a sustained upward price run. The rationale behind this projection is the formation of a bull flag pattern on the 4-hour chart. A bull flag pattern is a chart formation used in technical analysis and is characterized by a period of steep upward price movement (the flagpole) and a short period of consolidation or slight downward trend (the flag). The bull flag typically acts as a strong continuation pattern for an upward price trend. However, it is important to look out for a price breakout to the upside of the flag in order to confirm the trend continuation prognosis. As shown in the chart above, the price of Dogwifhat appears to be breaking out of the flag, suggesting the potential persistence of the upward trend. Should this breach be successful, it is worth noting that the breakout usually replicates the length of the initial flagpole. Using this first flagpole as a template, Martinez placed the price target for the Solana-based meme coin at $2.84, which represents a 20% increase from the current price point. WIF Price At A Glance As of this writing, the price of Dogwifhat stands at around $2.40, reflecting a 5.9% increase in the past 24 hours. This single-day action has further improved the meme coin’s performance on the weekly timeframe, bringing it up to 14.6% in the past seven days.

According to data from CoinMarketCap, Bitcoin (BTC) has gained by 0.66% in the past 24 hours with its market price now hovering close to $77,000. This slight price increase compounds an impressive performance in the last month during which BTC’s value has risen by 27.82%. As the crypto bull season appears to be kicking off, the popular Bitcoin Stock-to-Flow model has revealed a lofty price target for the largest digital asset. Why Bitcoin May Reach $500,000 In an X post on November 9, a pseudonymous analyst and developer of the Bitcoin Stock-to-Flow model shared a price prediction on the maiden cryptocurrency. For context, the Stock-to-Flow model is a popular market framework that forecasts BTC’s price based on projected scarcity. According to PlanB, data from this analysis model currently suggests that the crypto market leader will attain an average market price of $500,000 over the next four years with a projected price range of $250,000 – $1 million. The analyst explains that the Bitcoin bull season is still at an early stage as indicated by the red dots on the Stock-to-Flow model chart, despite the recent price rally induced by Donald Trump’s electoral victory and even the “fake-out” recorded in Q1 2024 following the Spot Bitcoin ETF launch. Aside from historical data, PlanB states multiple future events indicate BTC’s massive potential to attain the established price target. For example, the pseudonymous analyst references Trump’s intention to establish a National Bitcoin Reserve which may likely be enacted by Senator Cynthia Lummis’s proposed Bitcoin Act that will see the US purchase 200,000 BTC annually for the next five years. PlanB also highlighted Michael Saylor’s Microstrategy recently published objective to purchase $42 billion BTC by 2027. The market analyst explains that both massive acquisition programs would stimulate a high buying pressure on BTC which should translate to sharp price increases. In addition, PlanB states the Spot BTC ETFs have experienced enormous inflows, valued at $2.294 billion, since Trump’s election, which will only go higher in the coming months contributing to BTC’s demand. Importantly, the analyst kicks against doubting the Stock-to-Flow model despite Bitcoin attaining an average price of $34, 000 in the last cycle rather than the predicted $55,000 since the market model revealed a price target range of $25,000-$100,000. BTC Price Overview At the time of writing, BTC trades at 76, 745 reflecting a price gain of 11.85% in the past seven days. However, the asset’s trading volume has decreased by over 40% in the 24 hours reaching $28.33 billion. Related Reading: Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?

The Notcoin price has been in red-hot form in the past day, and a popular crypto analyst on the X platform has offered an exciting update on his bullish prognosis for the altcoin. Is The Price Of NOT Making A Comeback? In a November 5 post on X, prominent crypto pundit Ali Martinez put forward an interesting bullish prediction for the price of Notcoin over the coming weeks. According to the analyst, the Telegram-based altcoin is primed for a rally before the close of 2025. This bullish projection is based on the formation of a falling wedge pattern on the NOT daily price chart. The falling wedge pattern is a technical analysis pattern that often consists of two converging trend lines; one connecting the price highs and lows. The wedge formation, which could be of the rising or falling modality, can signal the reversal or continuation of a price trend, respectively. However, the signal depends on the direction in which a break out of the wedge occurs. Specifically, the descending wedge pattern is formed by prices sliding in a downward trend, and a successful breach of the upper trend line would confirm a trend reversal. On the other hand, a continuation signal can be spotted if the price breaks beneath the falling wedge. As highlighted in the chart above, the Notcoin price has been in a falling wedge pattern over the past few months, suggesting that the downward trend is losing momentum. However, Martinez noted that the altcoin would need to breach a major resistance level at $0.007 to break out of the wedge. In a November 9 update, the price of NOT appears to not have only broken the $0.007 resistance but also out of the falling wedge pattern. While this bodes well for the altcoin’s price over the next couple of weeks, investors might want to watch the close of the weekly candle above $0.07. If the next few weeks do play out as Martinez has postulated, investors could see the Notcoin price to among its highs of July. Martinez pinpointed $0.012 as the target for the altcoin, which would represent a 78% rally from the current price point. Notcoin Price At A Glance As of this writing, the NOT token is valued at around $0.0076, reflecting an almost 25% increase in the past 24 hours. This sudden burst of bullish momentum places the Telegram-based token amongst the best performers in the past day.

SHIB burn rate jumps by 1323%, burning over 34 million tokens in the last 24 hours. 24-hour trading volume surged by 21.91%, reaching $634.89 million. The Shiba Inu burn rate has recently surged by 1323.66%, with 34,912,694 SHIB tokens burned within the last 24 hours. This burn rate spike is a positive indicator for SHIB holders, as reducing supply can lead to increased scarcity, potentially boosting the token’s value. Amid this development, SHIB has shown signs of a price recovery, trading at $0.00001947 and witnessing a 2.36% gain in the last day. As of today, SHIB’s price sits at $0.00001947, representing a 2.36% rise in the past 24 hours. The market capitalization has reached $11.47 billion, marking a 2.28% increase, indicating strong market confidence. SHIB’s 24-hour trading volume has jumped to $634.89 million, a substantial 21.91% surge, reflecting heightened investor interest. The market-cap ratio stands at 5.54%, suggesting that the recent price movements are backed by significant trading activity. What’s Next for SHIB? In the daily chart, SHIB’s 9-day moving average (MA) currently trends above the 21-day moving average, signaling a potential bullish crossover that could drive further price gains. Historically, this crossover pattern suggests upward momentum. The current 9-day and 21-day MAs stand at $0.00001815 and $0.00001805, respectively, both below the present price level of $0.00001947, adding further weight to the bullish sentiment. The RSI value, displayed at 61.19, indicates moderately strong buying pressure. An RSI above 50 typically shows bullish momentum, and if SHIB maintains or surpasses this level, it may continue its upward trajectory. The RSI average of 53.25 further supports a stable buying trend, although the coin is not yet overbought. This level leaves room for additional gains before RSI levels reach the 70 mark, which would indicate an overbought scenario. SHIB faces immediate resistance at the $0.00001950 level, with the next resistance level positioned around $0.00002000. If the price breaks above these key resistance points, it could target $0.00002100, potentially signaling a further rally. On the downside, immediate support is found at $0.00001800. A dip below this support level could bring SHIB down to $0.00001700, which may challenge the current bullish momentum. The burn rate’s massive increase, coupled with rising market participation, points to a strengthening SHIB price. Given the positive crossover in moving averages and an RSI comfortably above 50, the outlook remains cautiously optimistic. However, SHIB needs to breach the $0.00001950 and $0.00002000 resistance levels to maintain upward momentum and confirm a strong breakout. Highlighted Crypto News Today Crypto Founder Behind Bars For $400M Bitcoin Laundering on Darknet

In the last bull cycle, a savvy trader turned a modest $1,250 into a staggering $1,250,000 by carefully picking high-growth assets at just the right time. With the market heating up again in 2024, they’re scouting for the next big opportunities. Their focus? Promising altcoins with strong fundamentals, cutting-edge projects in DeFi, and tokens linked to real-world assets, which are predicted to bridge traditional finance with the crypto ecosystem. Rexas Finance is one of the promising project in the crypto space. Overview of Rexas Finance (RXS) Rexas Finance is the user’s gateway to the future of asset management. Rexas Finance enables users to own or tokenize digitally any real-world asset, from real estate to commodities, on a worldwide scale. With Rexas Finance, users can gain a market with endless asset investment opportunities. Rexas Token Builder: It is normally used to tokenize their real-world assets and commodities. To make it easy for individuals to get digital ownership and offer access to the global market. Rexas Launchpad: This feature helps the asset owners to raise funds for their tokenized assets, offering liquidity and new investment options for the crypto users. Rexas Estate: The project’s one of the most exciting features is Rexas Estate which enables crypto users to co-own the real-world assets and earn passive income in stablecoins. Rexas GenAI & DeFi: It is mainly utilized by artists who can use Rexas GenAI to develop and tokenize digital artworks, while Rexas DeFi allows users to easily swap digital assets across multiple networks. Rexas Treasury: A multi-chain yield optimizer that enables users to earn compound interest on their crypto deposits, which adds one more layer of financial utility to the project. With real-world asset tokenization and sustainable growth potential, $RXS offers more than just hype. Rexas Finance began the presale of the native token RXS on September 8, 2024. The total supply of RXS tokens is 1 billion. Rexas project has raised over $5.45M until now, with the fourth presale stage over. This presale event is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization. Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. With strategic investments, these coins could be the ticket to a massive return during the next market cycle. About Rexas Finance (RXS) Rexas Finance is the user’s gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research.