Dogecoin started a major decline below the $0.3550 support against the US Dollar. DOGE is now consolidating and might struggle to recover above the $0.350 resistance. DOGE price started a fresh decline below the $0.3650 level. The price is trading below the $0.3550 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.3550 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could struggle to start a fresh increase above the $0.3550 and $0.3650 resistance levels. Dogecoin Price Dips Sharply Dogecoin price started a fresh decline from well above $0.400 like Bitcoin and Ethereum. DOGE traded below the $0.380 and $0.3650 support levels. It even spiked below $0.320. A low was formed at $0.30 and the price is now consolidating losses. It recovered some points and climbed above $0.320. It tested the 23.6% Fib retracement level of the downward move from the $0.4096 swing high to the $0.300 low. Dogecoin price is now trading below the $0.3550 level and the 100-hourly simple moving average. There is also a connecting bearish trend line forming with resistance at $0.3550 on the hourly chart of the DOGE/USD pair. Immediate resistance on the upside is near the $0.3250 level. The first major resistance for the bulls could be near the $0.340 level. The next major resistance is near the $0.3550 level or the 50% Fib retracement level of the downward move from the $0.4096 swing high to the $0.300 low. A close above the $0.3550 resistance might send the price toward the $0.3650 resistance. Any more gains might send the price toward the $0.380 level. The next major stop for the bulls might be $0.40. More Losses In DOGE? If DOGE’s price fails to climb above the $0.3550 level, it could start another decline. Initial support on the downside is near the $0.3050 level. The next major support is near the $0.3050 level. The main support sits at $0.30. If there is a downside break below the $0.30 support, the price could decline further. In the stated case, the price might decline toward the $0.280 level or even $0.2620 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.3050 and $0.3000. Major Resistance Levels – $0.3400 and $0.3550.

Dubai, UAE, December 20th, 2024, Chainwire On August 28, 2024, Sixteen members of the MEET48 idol group captivated audiences at WebX 2024 with their singing and dancing performances. By the end of the year, MEET48 will have performed across multiple key markets, including Hong Kong, Dubai, Japan, Singapore, and Thailand, highlighting their increasing influence in the global entertainment industry. Blending the charm of traditional idol performances with emerging Web3 technologies, MEET48 aims to redefine fan engagement through innovative digital platforms and decentralized ecosystems. Mars Protocol Beta Launch Announced for Q4 2024 On November 29, MEET48 announced the Beta testing of its Mars Protocol, a new platform within the BNB Chain ecosystem set to officially launch in Q1 2025. Mars Protocol introduces the first AI-driven idol platform, combining elements of AI-Agent technology with Meme coins. Positioned as a next-generation tool in the Web3 idol economy, it integrates text, image, music, and voice-generation technologies to enable dynamic content creation and fan engagement. Mars Protocol also supports the issuance of Meme coins by virtual idols, providing creators and fans with novel ways to interact and engage in decentralized communities. MEET48.ai and the Future of the AI Idol Ecosystem In January 2025, MEET48.ai will launch with over 250 AI idol agents, each capable of issuing Meme coins through Mars Protocol. The platform enables content creators and KOLs to design and deploy their own AI-driven idols, fostering co-creation and collaboration. MEET48.ai further expands its functionality with the AIShowBox tool, allowing users to create custom content and participate in an active DAO-driven community. With integrated text-to-image, text-to-music, and music-to-dance capabilities, the platform enhances user creativity while driving engagement through incentivized rewards. Building a Decentralized Fan Economy With the global fan economy valued in the trillions, MEET48 leverages Web3 technologies to enable decentralized participation and collaboration. Fans can support their favorite idols by purchasing and trading IDOL tokens on the platform’s decentralized exchange. Token interactions power voting competitions, content releases, and live events, reinforcing the connection between fans and virtual idols. The MEET48 ecosystem has already achieved significant milestones, including a peak of 537,000 daily active users and 702,000 unique wallets during its “2024 GIPR2” event. On July 22, 2024, MEET48 recorded a 24-hour trading volume of $2.83 million. Participation in the MVB Accelerator Program Recognizing MEET48’s strong on-chain performance and innovative approach, the platform was invited to join the 8th season of the MVB Accelerator Program on October 30, 2024. Organized by BNB Chain in collaboration with Binance Labs and CMC Labs, the program supports promising blockchain projects with strategic resources and guidance. How to Cultivate A Virtual Idol MEET48 provides users with the tools to create and develop AI-powered virtual idols on the blockchain. Through the platform’s Mars Protocol, users can design virtual idols, tokenize them, and issue Meme coins for community engagement. These AI idols can participate in entertainment, gaming, and social ecosystems, interacting with fans and generating content. Users can enhance idol visibility and popularity by actively promoting tokens, engaging in community events, and participating in DEX trading. Mars Protocol supports large-scale idol voting events, allowing fans to influence idol rankings. Revenue from these events is reinvested into the ecosystem, funding media production, music videos, live streams, and virtual concerts to further develop the idols’ presence. Innovating at the Intersection of Entertainment and Web3 MEET48’s team brings deep experience in idol entertainment and fan economies, having created one of the largest female idol groups globally. Supported by a $50 million investment in R&D, the team has developed advanced AI models for content creation, including text-to-music and music-to-dance generation. Future applications of MEET48’s technology include gaming products, virtual concerts, and more, further expanding the platform’s influence within the entertainment and Web3 sectors. About MEET48 MEET48 is recognized as one of the largest Web3 application project teams globally, boasting a 500-member technical and R&D team and a regional operations network covering Singapore, Hong Kong, Taipei, Tokyo, Seoul, and Dubai. MEET48 aims to achieve mass adoption of Web3 technology through an AI UGC content ecosystem focused on AIGC (Animation, Idol, Game, and Comics) and a graphical, intelligent metaverse social foundation tailored to Gen Z entertainment trends. Official Website: https://www.meet48.xyz/ Twitter (X): https://x.com/meet_48 Telegram: https://t.me/MEET_48 Discord: https://discord.gg/meet48 Contact Marketing Director Siyu Yang MEET48 [email protected]

XRP price remained stable above the $2.20 support zone. The price is consolidating and might aim for a fresh increase above the $2.40 resistance. XRP price remained stable above the $2.20 zone. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.40 resistance. XRP Price Stays Above $2.20 XRP price remained well-bid above the $2.20 support level, unlike Bitcoin and Ethereum. A low was formed at $2.17 and the price traded in a range below the $2.40 level. There was a minor increase above the $2.25 and $2.30 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $2.720 swing high to the $2.171 low. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.35 level. There is also a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.40 level. The next resistance is $2.45 or the 50% Fib retracement level of the downward move from the $2.720 swing high to the $2.171 low. A clear move above the $2.45 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.620 in the near term. The next major hurdle for the bulls might be $2.80. Are Dips Limited? If XRP fails to clear the $2.40 resistance zone, it could start another decline. Initial support on the downside is near the $2.25 level. The next major support is near the $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.20 and $2.050. Major Resistance Levels – $2.35 and $2.40.

Major North American Bitcoin (BTC) mining company Hut 8 has further expanded its BTC holdings with a $100 million acquisition. This latest purchase has pushed the company’s total reserves to over 10,096 BTC, valued at more than $1 billion at current market prices. Hut 8 Bitcoin Reserves Top $1 Billion The Miami-headquartered cryptocurrency mining firm continues to increase its Bitcoin reserves, undeterred by BTC’s recent price surges. In its latest announcement, Hut 8 revealed the purchase of approximately 990 BTC for $100 million, at an average price of $101,710 per Bitcoin. This acquisition has propelled Hut 8’s total BTC holdings to over $1 billion, with the coins acquired at an average cost of $24,485 per Bitcoin. The move reflects the company’s strategy of combining low-cost BTC production with what it views as strategic market buys to maximize returns and strengthen its reserve assets. Notably, Hut 8’s recent purchase positions it among the top 10 largest corporate holders of Bitcoin globally. MicroStrategy remains the leader on this list, holding more than 250,000 BTC on its balance sheet. Commenting, Asher Genoot, CEO, Hut 8, said: Echoing these sentiments, Hut 8 CFO, Sean Glennan explained that making BTC a reserve asset was a key component of the company’s strategy to deliver “superior returns” to shareholders through strategic treasury management. He added that the company is open to deploying its BTC reserve to support business objectives, such as upgrading its mining fleet. Earlier this month, Hut 8 unveiled a massive $750 million initiative aimed at general corporate objectives, debt repayment, and bolstering its Bitcoin reserve. On a year-to-date basis, Hut 8’s stock has surged by over 102%, trading at $27.11 at the time of writing. 4 Mining Firms Among Top 10 Corporate BTC Holders While companies like MicroStrategy, Tesla, Block, and Coinbase are well-known among the top corporate Bitcoin holders, four Bitcoin mining firms also feature on this prestigious list, namely, Marathon Digital Holdings, Hut 8, Riot Blockchain, and CleanSpark. Last year, Riot Blockchain reported a significant increase in its BTC holdings. At the time of writing, the Bitcoin mining firm holds a total of 8,490 BTC. Similarly, earlier this month, Marathon Digital Holdings purchased another 703 BTC to increase its total reserves to 34,794 BTC. This move aligns with Marathon CEO’s previous statement that institutions are “waiting to buy up” Bitcoin. In October, CleanSpark CEO Zach Bradford predicted that BTC may peak around $200,000 in the next 18 months. At press time, BTC trades at $100,543, down 3.1% in the past 24 hours.

As the cryptocurrency market faces a significant price correction—led by Bitcoin (BTC) and Ethereum (ETH), which have retraced 2.2% and 4.6% respectively—the XRP price shows early signs of a potential explosive surge. Currently trading at $2.21, the XRP price has recorded a nearly 5% gain in the past 24 hours, finding strong support just below its current price. This positions the token favorably for continued upward momentum, particularly since it began an upward trend on November 5, bolstered by President-elect Donald Trump’s re-election. $10.82 Target For The XRP Price Following Historical Patterns Interestingly, analysts are increasingly optimistic about the XRP price, especially considering a key technical indicator: the Bollinger Bands. This volatility indicator, which consists of a moving average and upper and lower bands, is currently tightening on the 12-hour chart. Analyst Steph has noted that the last time the Bollinger Bands exhibited such a pattern, the XRP price experienced a staggering 490% price explosion. If history repeats itself, this could propel XRP to a new all-time high of $10.82, significantly surpassing its previous record of $3.40 set in January 2018, according to the analyst. Adding to the bullish sentiment, another analyst known as Javon on X (formerly Twitter) has pointed out that XRP’s last full bull cycle saw an increase of over 600%. The analyst suggests that if the XRP price performs similarly, it could rise dramatically, potentially exceeding 6,800% to reach approximately $168. This projection hinges on the price moving above the 2.414 Fibonacci Extension level, which was valued at $3,06 during the previous cycle. However, some analysts are adopting a more conservative outlook. Key Levels At $2.42 And $2.92 In Focus DarkDefender has noted a clear break on the daily chart, predicting that the XRP price could retest the $2.42 level before breaking through $2.92. Should it surpass this threshold, targets of $3.43 and $5.85 could be in sight. DarkDefender had recently targeted $2.72, which the XRP price had successfully bounced back from, reaffirming the validity of his analysis. Despite differing views on the potential extent of the surge, consensus among analysts is that the XRP price is likely to reach a new all-time high in the coming months. This optimism is further strengthened by the possibility of regulatory changes under the incoming Trump administration. The President-elect has promised a new regulatory framework for digital assets in the United States, which could pave the way for resolving the prolonged legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) which previously stifled the XRP price, leading to a lengthy period of consolidation. Featured image from DALL-E, chart from TradingView.com

Ethereum price extended losses and dropped below the $3,680 zone. ETH is down over 7% and is showing bearish signs below the $3,550 level. Ethereum started a fresh decline below the $3,680 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it fails to stay above the $3,650 support zone. Ethereum Price Drops Below $3,650 Ethereum price struggled to start a fresh increase above the $3,680 level and extended losses like Bitcoin. ETH gained bearish momentum below the $3,650 level and dived below $3,600. It even dived below $3,550 and spiked below the $3,420 level. A low was formed at $3,324 and the price is now consolidating losses. There is also a key bearish trend line forming with resistance at $3,650 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,550 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $3,510 level. It is close to the 23.6% Fib retracement level of the downward move from the $4,105 swing high to the $3,324 low. The first major resistance is near the $3,650 level. There is also a key bearish trend line forming with resistance at $3,650 on the hourly chart of ETH/USD. The main resistance is now forming near $3,715 or the 50% Fib retracement level of the downward move from the $4,105 swing high to the $3,324 low. A clear move above the $3,715 resistance might send the price toward the $3,800 resistance. An upside break above the $3,800 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,880 resistance zone or even $4,000. More Losses In ETH? If Ethereum fails to clear the $3,650 resistance, it could continue to move down. Initial support on the downside is near the $3,350 level. The first major support sits near the $3,320 zone. A clear move below the $3,320 support might push the price toward the $3,250 support. Any more losses might send the price toward the $3,150 support level in the near term. The next key support sits at $3,050. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,320 Major Resistance Level – $3,650

Bitcoin price extended losses and traded below the $100,000 zone. BTC is struggling and might continue to move down toward the $92,000 support zone. Bitcoin started a fresh decline from the $102,000 resistance zone. The price is trading below $102,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $98,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $95,500 support zone. Bitcoin Price Dips Further Bitcoin price failed to start another increase and extended losses below the $102,000 zone. BTC gained bearish momentum below the $100,000 and $98,000 levels. The price even spiked below $96,500. A low was formed at $95,586 and the price is now consolidating losses. There is also a key bearish trend line forming with resistance at $98,500 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading below $102,000 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $98,500 level. It is close to the 23.6% Fib retracement level of the downward move from the $108,295 swing high to the $95,586 low. The first key resistance is near the $100,000 level. A clear move above the $100,000 resistance might send the price higher. The next key resistance could be $102,000. A close above the $102,000 resistance might send the price further higher. In the stated case, the price could rise and test the $103,400 resistance level or the 61.8% Fib retracement level of the downward move from the $108,295 swing high to the $95,586 low. Any more gains might send the price toward the $105,000 level. More Downsides In BTC? If Bitcoin fails to rise above the $98,500 resistance zone, it could continue to move down. Immediate support on the downside is near the $96,200 level. The first major support is near the $95,500 level. The next support is now near the $93,200 zone. Any more losses might send the price toward the $92,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $95,500, followed by $93,200. Major Resistance Levels – $98,500 and $100,000.

The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period. The surge in these metrics has resulted from the significant price drop for Dogecoin, which is down over 5% in the last 24 hours. Dogecoin Trading Volume And Liquidations Witness Significant Spike CoinMarketCap data shows that Dogecoins’s trading volume is up over 57% in the last 24 hours, with over $6 billion traded during this period. Meanwhile, Coinglass data shows that Dogecoin’s liquidations have crossed $31 million, with $25 million and $5.8 in long and short positions liquidated, respectively. Long positions took the most hit as the Dogecoin price crashed below the $0.4 range. This development came following Jerome Powell’s speech, which painted a bearish picture for the foremost meme coin. As crypto analyst Kevin Capital revealed, Dogecoin’s technical indicators were already bearish, and the macroeconomic fundamentals only did more damage. Powell suggested that the US Federal Reserve will likely pause on the rate cuts next year, which immediately sparked a bearish sentiment among traders and led to a wave of sell-offs. This contributed to the spike in trading volume, as investors looked to offload their coins, considering how the Fed being hawkish is bearish for risk assets like Dogecoin. However, Kevin Capital believes that traders are overreacting to Jerome Powell’s speech. The crypto analyst believes that Dogecoin will recover this price correction, stating that the dip will be bought. However, it is worth mentioning Dogecoin’s correlation with Bitcoin, as Kevin Capital had previously pointed out that DOGE’s next move will depend on BTC. The Bitcoin price has dropped below the $100,000 psychological price level and looks bearish at the moment. As such, the Dogecoin price recovery is unlikely to happen until Bitcoin witnesses a bullish reversal. Increased Volatility Is Not Unusual Crypto analyst Master Kenobi also commented on the Dogecoin price drop, stating that increased volatility at this stage of the bull market is not unusual. However, the analyst suggested that traders should avoid being shaken out and instead hold on to their positions. This came as he claimed that market makers who will inject money into the market would prefer for market participants to walk away with a 90% loss rather than a 10x gain. Bitcoinist recently reported that Dogecoin’s sentiment has turned negative once again, indicating that DOGE holders may be looking to sell their coins even at a loss. Kevin Capital had before now stated that the Dogecoin bull run is far from over, suggesting that there was no need to be bearish at the moment despite the price correction. He advised long-term holders just to sit back and wait for higher prices. At the time of writing, the Dogecoin price is trading at around $0.36, down over 5% in the last 24 hours, according to data from CoinMarketCap.

Bitcoin has experienced significant price movements in the past few days, largely influenced by macroeconomic developments and market fundamentals. Following the Federal Open Market Committee (FOMC) meeting and a speech by Federal Reserve Chair Jerome Powell, Bitcoin’s price dropped sharply below $99,000. However, the leading crypto quickly rebounded, climbing back to $104,000 earlier today before settling at $100,573 at the time of writing. This represents a 3.4% decrease over the past day and a roughly $67 billion reduction in its market cap valuation. Exchange Transactions Hit Record Lows Amid this price performance, CryptoQuant analyst known as Woominkyu provided insights into Bitcoin’s market activity, highlighting declining exchange transaction volumes. According to Woominkyu, historical data suggests a correlation between transaction volume spikes and significant price movements. For example, peaks in exchange transactions coincided with Bitcoin’s dramatic price surges in 2017 and 2021. However, recent data shows a marked decline in transaction volumes on both spot and derivative exchanges, reflecting reduced trading activity compared to previous years. This decrease, according to the CryptoQuant analyst may indicate “waning market participation,” suggesting a “period of consolidation or reduced volatility” in the near term. Bitcoin Key Support Levels and Technical Insights Market intelligence platform IntoTheBlock has shed light on an important support zone forming just below the $100,000 mark. The data shared by the platform reveals that over 1.45 million BTC were accumulated at an average price of $97,500. This accumulation has established a significant demand zone, potentially serving as a “buffer” against further price declines. The importance of this level lies in its ability to provide a foundation for price stability, particularly as Bitcoin navigates its current phase of market correction. It is suggested that a breach below this zone could trigger further downward pressure, while holding above it might boost recovery efforts. Meanwhile, from a technical perspective, insights shared by market analyst Satoshi Wolf highlight the critical nature of Bitcoin’s current price levels. The cryptocurrency recently tested the $100,000 support, aligning with the 100-day Exponential Moving Average (EMA). This level is pivotal as it combines technical indicators with psychological significance. The Moving Average Convergence Divergence (MACD) indicator shows bearish momentum, while the Relative Strength Index (RSI) nears oversold territory, signalling the potential for a price reversal. Wolf suggests that traders monitor for a confirmed breakout above $104,000 or a breakdown below $100,000, with volume confirmation being key to validating either. Featured image created with DALL-E, Chart from TradingView

Bitcoin has observed a plunge during the past day. Here’s the nearest on-chain level that the asset would end up retesting if the drawdown elongates. 1 Week To 1 Month Bitcoin Holders Have Their Realized Price At $97,900 As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, the Realized Price of the 1-week to 1-month-old BTC investors is the closest support for the asset right now. The “Realized Price” here refers to an on-chain indicator that, in short, keeps track of the cost basis or acquisition price of the average holder on the Bitcoin network. When the metric’s value is lower than the spot price of the cryptocurrency, it means the investors as a whole can be considered to be holding a net amount of profit. On the other hand, it being under the BTC value suggests the dominance of loss in the market. In the context of the current topic, the Realized Price of only a particular segment of the sector is of interest: the 1-week to 1-month-old holders. This cohort includes the addresses that have been holding their coins for at least one week and, at most, one month. Now, here is the chart shared by the analyst that shows how the Realized Price of this Bitcoin group has changed over the past year: As displayed in the above graph, the Realized Price of the 1-week to 1-month-old Bitcoin investors has been climbing up alongside the price rally. This is naturally due to the fact that the cohort’s cost basis has been getting repriced to higher levels as new investors have been purchasing at the rally highs. Currently, the indicator’s value sits at $97,900, so these investors would be in profit at the current price. Earlier in the past day, however, the asset came dangerously close to retesting the level as its price saw a brief dip below $99,000. The 1 week to 1 month old investors make up a section of a larger cohort known as the short-term holders (STHs). The STHs are broadly defined as the holders who bought their coins within the past 155 days. Statistically, the longer an investor holds onto their coins, the less likely they become to sell. So, the STHs, and especially the 1-week to 1-month-old segment, would contain the holders with the least amount of resolve in the sector, owing to their low holding time. Because of how fickle they are, the STHs generally show some kind of reaction whenever their average cost basis gets retested by the Bitcoin price. This reaction may come in the form of buying when the retest occurs from above, as these holders could believe the decline to be just a ‘dip.’ As such, the Realized Price of the 1-week to 1-month-old STHs, which is below the current price, could be looked at as a support level for the cryptocurrency. The level has also already helped the asset out once this month. So far, Bitcoin has been making a recovery from the plummet, but should the bearish momentum return, the retest of the line may be to watch for, considering the past pattern. BTC Price At the time of writing, Bitcoin is trading at around $102,200, down almost 3% in the last 24 hours.

The meme coin market never stops delivering surprises. Crypto All-Stars has just wrapped up its presale with an impressive $22.64 million tally, cementing its status as a powerhouse. Meanwhile, BTFD Coin (BTFD) is stealing the spotlight, having raised over $4.2 million in just one month, proving that its presale is one of the hottest on the market. On the flip side, Neiro (NEIRO) is mired in controversy, with debates over which token truly deserves the title of the “official” Neiro meme coin. This is where the world of meme coins gets fascinating—a mix of innovation, drama, and the promise of exponential profits. Over the years, meme coins have evolved from being fun internet experiments to serious players in the crypto space. Their rise has been nothing short of meteoric, driven by vibrant communities and clever use cases. Now, BTFD Coin is poised to take the meme coin game to the next level with its P2E game, referral programme, staking rewards, and loyal fanbase. Let’s dive into what makes BTFD, Crypto All-Stars, and Neiro the best meme coins with 1000X potential. BTFD Coin (BTFD): The Meme Coin Everyone’s Talking About BTFD Coin is creating a buzz that’s impossible to ignore. Launched at just $0.000004, the presale price has climbed to $0.00013 in Stage 12, with over 57 billion coins sold to more than 6,000 holders. The project has raised an impressive $4.2 million so far, and it’s showing no signs of slowing down. With just four stages left, the presale is on track to hit its $0.0006 listing price, offering substantial returns for early investors. What sets BTFD apart? Its ecosystem is built for engagement and rewards. The P2E game isn’t just fun; it’s also a way for users to earn tokens while playing. The referral programme has been a hit, encouraging community growth and offering rewards to participants. And then there’s the staking feature—a 90% APY that’s hard to beat for passive income seekers. Let’s break it down with an example. If you invest $25,000 in Stage 12 at $0.00013 per coin, you’d snag roughly 192.3 million BTFD tokens. Once the coin hits $0.0006 at the end of the presale, that investment balloons to $115,380. It’s the kind of potential that has crypto enthusiasts flocking to this project. Why is BTFD among the best meme coins with 1000X potential? Its explosive presale performance, innovative ecosystem, and strong community support make it a standout in the meme coin arena. With every stage, the price inches higher, so now’s the perfect time to dive in. Crypto All-Stars (STARS): The MemeVault Leader Crypto All-Stars has redefined what it means to be a meme coin. The project’s presale ended with a jaw-dropping $22.64 million raised, and its innovative MemeVault is a game-changer. The MemeVault allows users to stake multiple meme coins, including heavyweights like PEPE, Dogecoin, and Floki, all while earning rewards through the $STARS token. The $STARS token, priced at $0.0016782 during the presale, has been a hit among investors, thanks to its staking rewards of up to 1429% APY. This setup not only incentivises HODLing but also reduces the circulating supply, driving up scarcity and potentially boosting the token’s value. With the $STARS token set to launch on Uniswap next week, anticipation is at an all-time high. What makes Crypto All-Stars special is its ability to unite the meme coin community. By offering a centralised platform for staking, it simplifies the process and creates a sense of cohesion among meme coin enthusiasts. The project’s security measures, backed by a SolidProof audit, further enhance its credibility, making it a trusted choice for investors. Why does $STARS make the list of best meme coins with 1000X potential? Its successful crypto presale, innovative staking platform, and upcoming launch make it a top contender for significant returns. If you missed the presale, the token’s listing on Uniswap offers another opportunity to get in on the action. Neiro (NEIRO): A Controversial Contender Neiro (NEIRO) entered the meme coin scene with a lot of promise but has recently found itself embroiled in controversy. The Own the Doge DAO, dedicated to preserving Doge’s legacy, secured the intellectual property rights for Neiro from Kabosu’s owner, Atsuko Sato. Now, the DAO plans to hold a community vote to decide which Neiro token should be recognised as the “official” one, with Sato retaining veto power to ensure fairness. The stakes are high. One Neiro token, built on Ethereum, boasts a market cap of $663 million, while another, Solana-based token, is valued at just $5 million. The outcome of this vote could dramatically reshape the Neiro memecoin landscape, potentially elevating one token to dominance or leaving the space divided. While the controversy adds intrigue, it also raises questions about the token’s stability and future. For investors, this uncertainty makes Neiro a riskier choice compared to projects like BTFD and Crypto All-Stars, which have clear roadmaps and strong community backing. Still, for those willing to take a gamble, Neiro’s potential for exponential growth remains. Why does Neiro make this list? Its cultural significance and high-stakes community vote keep it in the spotlight, but its controversial nature makes it a more speculative play for investors seeking 1000X returns. The Final Word: Why Are These the Best Meme Coins with 1000X Potential? Based on our research and market trends, the meme coin market is ripe with opportunities for exponential profits. BTFD Coin emerges as the best meme coin with 1000X potential, thanks to its stellar presale performance, innovative features, and strong community support. A $25,000 investment in Stage 12 could grow to $115,380 by the end of the presale, showcasing its immense upside. Crypto All-Stars also stands out, with its MemeVault innovation and successful presale setting the stage for significant returns. Meanwhile, Neiro’s controversy adds a layer of complexity, making it a speculative choice for those willing to embrace the risks. If you’re ready to capitalise on the next big thing in meme coins, now is the time to act. Join the BTFD Coin meme coin presale today and position yourself for exponential profits in the ever-evolving crypto market. Don’t miss your chance to be part of the meme coin revolution. Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin 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.

The cooperation presents a novel method for validating and securely accessing 17 years of internet crawl data. The goal of this launch is to create the industry’s first cryptographically secure and immutable archive of internet data. This is accomplished by using an immutable blockchain network that is based on Constellation and is cryptographically secured. A Web3 ecosystem that has been validated by the United States Department of Defense, Constellation Network, has announced today that it has launched a customized blockchain that was developed in partnership with the Common Crawl Foundation. The goal of this launch is to create the industry’s first cryptographically secure and immutable archive of internet data for the purpose of artificial intelligence training and development. The cooperation presents a novel method for validating and securely accessing 17 years of internet crawl data, which spans over 9 petabytes and is used by 80 percent of Large Language Models (LLMs) for the purpose of training artificial intelligence. This is accomplished by using an immutable blockchain network that is based on Constellation and is cryptographically secured. This revolutionary application-specific network, also known as Metagraph, works to solve important challenges in the development of artificial intelligence while also exploring huge new use cases for blockchain technology in developing sectors. These use cases include ethical sourcing, data provenance, and privacy. Additionally, in order to ensure the safety of the archived internet crawls, the network will make use of the DAG utility asset provided by Constellation. By changing the emphasis from consumer expenses or gas fees, which are common of many other layer-one networks, to an operational expenditure, this marks a substantial development in the utilization of crypto as a mechanism for enterprises to notarize data. Key Technological Innovations Comprehensive Data Archiving: A record of the internet’s history that cannot be altered in any way, offering unparalleled transparency and traceability for artificial intelligence and machine learning datasets. End-to-End Encryption: It is a cryptographic security that guarantees the integrity of data throughout the whole lifecycle of artificial intelligence development. Ethical AI Framework: An ethical artificial intelligence framework is a strong approach that addresses problems around the collection, storage, and use of data in large language models. Alex Brandes, CTO of Constellation Network said: Constellation is a leading blockchain network that is driving innovation via on-chain data security. It is collaborating with major global stakeholders, such as the United States Department of Defense, in order to offer innovations that are revolutionary and of the next generation. Industry Applications The data archive that is enabled by blockchain technology is already garnering the attention of sophisticated artificial intelligence research groups. In order to add immutability, auditability, and proof of authorship to its training models and to develop advanced watermarking technologies, TraceAI, a project that was developed through the National Science Foundation (NSF) and the SBIR program, is currently in the testing stages of developing their own application-specific network, which is built on Constellation. In addition, TraceAI will make use of the Constellation-built solution that Common Crawl has developed in order to further expand their work in blockchain-encrypted artificial intelligence to include monitoring the source origin of data. Kevin Jackson, Vice President of Space Domain Communications & Commercialization for Forward EdgeAI, emphasizes the significance of this breakthrough: Looking Forward Over the course of the next several months, Constellation Network and Common Crawl Foundation will collaborate in order to broaden the scope of solution sets for artificial intelligence developers and better integrate the provision of cryptographically validated access to the crawl as a component of the usual release process. Rich Skrenta, Executive Director of the Common Crawl stated: The Common Crawl Foundation is a 501(c)(3) non-profit organization and is committed to making a copy of the internet available to the general people at no cost. They have a web archive that contains petabytes of data that they have gathered over the course of years of web crawling. This archive is an essential resource for scholars, corporations, and developers all around the globe. It is possible to find evidence of this integration on the transaction viewer that Constellation provides, which is referred to as the “DAG explorer,” and developers may begin leveraging verified historical crawls for artificial intelligence applications. Regarding the further solutions that will be created by Constellation, Forward Edge-AI, and Common Crawl, we ask that you please follow along. Concerning the Forward Edge-AI A revolution in responsible and inclusive artificial intelligence (AI) for the welfare of mankind is being led by Forward Edge-AI, which is at the vanguard of this next revolution. Since the company’s inception in 2019, the objective has been to become the preeminent player in the field of artificial intelligence and to spearhead the revolution associated with the integration of human intellect with cutting-edge technology.

Through the use of Sonic’s HyperGrid infrastructure, Injective and Sonic will run a rollup that is based on Solana. The smooth transfer of assets such as SOL and injective tokens will be made possible via an efficient bidirectional bridge. In the next months, the integration will be implemented in stages, with the first testnet deployment anticipated to take place in the first quarter of 2025. Injective, a WASM-based L1 network, and Sonic, the premier gaming SVM on Solana, made the announcement today that they will collaborate to develop the first cross-chain AI Agent platform. This will include the integration of the Solana and Injective ecosystems via a cutting-edge Smart Agent Hub. In order to establish a dedicated Solana Virtual Machine (SVM) grid, the partnership makes use of Sonic’s HyperGrid technology. This provides a novel architecture for the purpose of facilitating intuitive cross-chain connectivity between Solana and Injective. Through the use of the Inter-Blockchain Communication Protocol (IBC), the artificial intelligence agents that are built on the SVM will combine with the Injective ecosystem in a smooth manner. In order to enable Smart Agent Hub, both teams will collaborate on the development of significant technological advancements. Some of the focal verticals that will be developed include the following: Injective SVM Grid: Through the use of Sonic’s HyperGrid infrastructure, Injective and Sonic will run a rollup that is based on Solana. This will allow for direct communication between the Injective WASM blockchain and Solana through the use of IBC. Cross-Chain Asset Interoperability: The smooth transfer of assets such as SOL and injective tokens will be made possible via an efficient bidirectional bridge that supports both wrapped (CW20) and native token formats. Unified Developer Experience: Developers on Injective have the ability to deploy apps based on Solana by using a single RPC endpoint, track transactions by means of an SVM Explorer, and access complete deployment documentation. Developed with the intention of empowering developers to build, operate, and commercialize artificial intelligence agents within a decentralized ecosystem, the Smart Agent Hub is meant to offer comprehensive tools and frameworks. It offers up new economic prospects via fractional ownership and revenue sharing by allowing agent tokenization and co-ownership, which in turn brings up new economic opportunities. Through the use of applications such as Sonic X, which is a TikTok Applayer created by the Sonic team, distribution methods and platforms will be made available in order to broaden the scope of AI agents’ reach and boost their level of awareness. Additionally, the hub is going to feature on-chain agent capabilities, which will make it possible to train and monetize agents across a variety of products, including Web3 games, DeFi apps, asset tokenization, and more. Eric Chen, CEO of Injective Labs stated: Designed specifically for the development of the most advanced Web3 financial apps, Injective is a layer one blockchain that is both interoperable and lightning fast. Creating decentralized applications (dApps) that are unparalleled is made possible by Injective’s strong plug-and-play modules. Injective and its fast expanding ecosystem are powered by the native asset known as INJ. Binance is the company that is acting as an incubator for Injective, and notable investors like as Jump Crypto, Pantera, and Mark Cuban are backing the project. Chris Zhu, CEO of Sonic, added: The trading volume and user activity on Solana have increased at an exponential rate, which has been made possible by platforms such as pump.fun, which reduce the barriers to entry for creation and experimentation via their platform. On top of that, Virtuals Protocol on Base has verified that there is a need for such tools revolving around artificial intelligence agents. Pump.fun has generated more than $200 million in revenue, while Virtuals Protocol has seen more than $1 billion in trading volume. Both protocols are seeing a good deal of success. Based on the data by CoinGecko, the total market capitalization of the AI Agent vertical, which includes $VIRTUAL itself, is now estimated to be $8.8 billion. The total market capitalization of the DeFi industry is now around $135 billion. The market cap of DePIN is $45 billion, NFT tokens is $42 billion, and the value of gaming is $32 billion. The team is of the opinion that the artificial intelligence agent vertical will eventually become competitive with each of them, and maybe even surpass them. They aim for their Smart Agent Hub to become the hub of activity on Solana. In the next months, the integration will be implemented in stages, with the first testnet deployment anticipated to take place in the first quarter of 2025. Onboarding a wide range of sectors onto the Smart Agent Hub will be a collaborative effort between the two teams. These industries include gaming, entertainment, DeFi, and social platforms such as TikTok and Web3 games. Both https://www.sonic.game/ and https://injective.com/ are good places for developers who are interested in creating cross-chain apps to follow for updates. Sonic is the first SVM chain to debut on Solana, for games and applications. Sonic HyperGrid, a framework for organizing optimistic Solana rollups, is the engine that drives it. Sonic is the home of SonicX, which is the first Web3 TikTok App Layer in the sector. Its purpose is to bring aboard the next billion users.

The web3 game publisher expands memecoin IPs and redefines on-chain interaction by collaborating with top Base memecoins. MemeBattle, a tactical deck building game developed in association with the leading memecoins from the Base ecosystem, such as Brett, Toshi, Keyboard Cat, Dog in Me, Mr. Miggles, Mochi, Ski Mask Dog, and more, will soon be released by Pixelverse as the first phase of this relationship. With more than a million monthly active users, PixelTap is Telegram’s fastest-growing mini-game. Building on its success, Pixelverse is currently developing to provide a new gamified platform to the memecoin community. MemeBattle will onboard users into Web3 gaming by using Base’s scalable infrastructure, affordable fees, and thriving memecoin ecosystem, hence promoting engagement and adoption on-chain. Users may create custom squads, plan combat strategies, and climb leaderboards to earn rewards in MemeBattle, which brings well-known memecoins from the Base ecosystem—including Brett—as well as current partners like Pudgy Penguins, MEW, and Turbo to life as playable characters. The game offers a captivating experience that is suited for Web3 natives by combining humor with tactical gameplay. Kori Leon, co-founder of Pixelverse stated: A Brett spokesperson shared their excitement: Gate.io’s $50 million Meme Fund, which aims to support community-focused initiatives with practical applications and empower meme creators, has provided funds to Pixelverse. Moreover, Pixelverse, one of the first beneficiaries, will utilize this assistance to improve memecoins on Base by using Web3 gaming to turn tokens into gamified ecosystems. The $50 million MEME Gateway Grant from Gate.io is helping to herald in a new age for the meme ecosystem by working with ecosystem funds and public chains to empower meme creators and community growth, which will propel the evolution of the meme landscape. The grant promotes Meme payment solutions to increase offline usability while providing marketing assistance, liquidity, and real-world utlity to creative Meme projects. With the support of top investors like Delphi Ventures, Mechanism Capital, and Merit Circle, as well as tier-1 exchange listings like Bybit, Pixelverse is now changing Web3 gaming engagement by turning its well-known clicker game into a gamified platform for memecoins. Memecoins are being transformed into immersive gaming experiences by Pixelverse, a top game publisher and gamified platform that is transforming Web3. Its debut game, PixelTap, became one of Telegram’s most popular mini-games after going viral with over 75 million registered users and 5 million daily active players. Built on Base and supported by well-known investors such as Galaxy Interactive, Merit Circle, and Delphi Ventures, Pixelverse offers smooth, community-driven gaming. Partnerships with initiatives like Turbo, MEW, and Pudgy Penguins demonstrate its capacity to bring web3 culture together with captivating gameplay. Visit the (https://t.me/pixelverse_xyz']Pixelverse Telegram Channel, follow them on (https://x.com/pixelverse_xyz']Twitter, and watch them on YouTube for further information.

Earlier today, Crypto.com made the announcement that it would be extending its partnership with Formula 1® until the year 2030. The two brands have been working together since 2021, and this renewal demonstrates their continuous dedication to the development and value that the collaboration provides for each of them. Formula One, which now has a cumulative TV audience of 1.5 billion viewers watching its Grands Prix, 750 million global fans, and 96 million followers across social media, as well as Crypto.com, which has grown its user base more than tenfold to over 100 million globally since the beginning of the partnership, have both experienced substantial growth over the course of these years. The extended relationship will allow Crypto.com to concentrate on the development of unique fan experiences and activations at a variety of Grands Prix, as well as the promotion of the brand at important races throughout the season. Steven Kalifowitz, Chief Marketing Officer of Crypto.com said: In addition, Crypto.com has been the Official Title Partner of the Formula 1 Crypto.com Miami Grand Prix ever since the race’s first ever competition in 2022, and they want to maintain their association with the event. Emily Prazer, Chief Commercial Officer at Formula 1 stated: The continuation of this cooperation coincides with a number of key milestones that Crypto.com has reached for itself. In order to become the one brand destination for cryptocurrency and digital finance, the firm has just unveiled the Crypto.com product roadmap for 2025. This strategy involves the deployment of revolutionary services and offerings.

The bull market continues to thrive, propelling altcoins to new heights. Stellar and Uniswap stand out as key crypto coins to watch. The Stellar (XLM) price outlook anticipates a potential high of $3.04. Such a surge would boost XLM by an impressive 537%, while the Uniswap technical analysis suggests a peak could reach $26.17. Amid these dynamic price movements, attention has shifted to BlockDAG’s latest publications, the Whitepaper and Litepaper. These documents explain BlockDAG’s fusion of Bitcoin’s UTXO scalability with Ethereum’s smart contract versatility in a unified DAG-based ledger. With over $169 million already raised in the presale, BlockDAG (BDAG) is on track to potentially hit $1 by 2025. Stellar (XLM) Price Outlook: Where is Heading? Interest in Stellar’s XLM has spiked following exciting price movements and bold predictions. Currently valued at $0.437, it is expected to initially climb to $0.63, eventually reaching as high as $3.04—a substantial 537% gain. Trading volume has seen a 13% decrease, indicating a slowdown in market activity. This drop has introduced caution into the Stellar price outlook, despite $118 million in XLM being moved off exchanges recently, suggesting a bullish trend, though caution is advised due to recent losses. Uniswap Technical Analysis: Will UNI Hit $26.17? Uniswap’s UNI has recovered robustly, surging 35% to $19.54 before stabilizing. Recent Uniswap technical analysis shows this uptick followed a breakout from a descending triangle pattern in late October, buoyed by increased trading volume. Key support is noted at $14.41, with stronger support at $13, essential for maintaining upward momentum. A surge past $19.54 could propel UNI to $26.17, as Fibonacci extensions predict. Still, Uniswap’s technical analysis indicates that the current RSI may signal either a consolidation phase or a further correction before any significant upward movement. BlockDAG’s Latest Innovations Unveiled: A New Era for Blockchain Technology BlockDAG, acclaimed as a pioneering Layer 1 Blockchain, has just released its third Whitepaper and a new Litepaper. These documents present unique solutions to the long-standing issue of merging Bitcoin’s UTXO model, which offers scalability and privacy, with the flexibility of Ethereum’s account-based system. By integrating both models into a single DAG-structured ledger, BlockDAG enables swift, scalable payments reminiscent of Bitcoin alongside smart contracts that are compatible with Ethereum. This dual functionality allows developers to create decentralized applications (dApps) that boast privacy and a robust DeFi ecosystem. The UTXO model enhances privacy and scalability similar to cash transactions, whereas the account model facilitates smooth smart contract operations. With complete compatibility with the Ethereum Virtual Machine (EVM), developers can easily transition their dApps to BlockDAG. BlockDAG’s impressive presale achievements have secured its position as one of the top crypto coins to watch, with over $169 million raised, 17.3 billion BDAG coins distributed, and 26 of 45 batches sold out. Prices have soared 2240% from just $0.001 in Batch 1 to $0.0234 in the current Batch 26. Future projections place BDAG at $1 by 2025, promising a potential 4200% return for early participants. As the presale batches quickly sell out, with Batch 26 nearly gone, it’s clear that BlockDAG is more than just a blockchain; it’s a groundbreaking opportunity unmatched since Bitcoin’s inception in 2009. The Bottom Line Here are the insights—the Stellar (XLM) price outlook and Uniswap technical analysis, showcasing why they are among the top crypto coins to watch. Both Stellar and Uniswap are poised for significant price peaks of $3.04 and $26.17 respectively, though market volatility remains a factor. XLM has seen a 13% decline in trading volume, indicating market hesitancy, and UNI is potentially facing a substantial correction. In contrast, BlockDAG has achieved a remarkable 2240% increase since the first presale batch, demonstrating resilience even during one of the toughest market downturns in 2024. With the release of both the whitepaper and litepaper, BlockDAG provides plenty for both developers and holders to get excited about. Developers are introduced to a platform designed for optimal speed, privacy, and functionality, making it simpler to build dApps. For holders, the ongoing success and the ambitious future valuation suggest significant potential returns, highlighted by the projection of BDAG reaching $1 by 2025. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu 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. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Chainlink whale addresses drop from 558 to 516 since November BBTrend declines from 19.31 to 7.46, indicating weakening momentum Technical support at $26.89 becomes crucial for maintaining uptrend After achieving a three-year high and an impressive 87% monthly gain, Chainlink’s market structure shows signs of strain as key metrics suggest waning momentum. The recent 5% pullback in 24 hours may signal a more significant shift in market dynamics, particularly when viewed alongside changes in whale behavior and technical indicators. Understanding Chainlink Whale Behavior and Its Implications The decline in addresses holding between 100,000 and 1,000,000 LINK tokens tells an important story about institutional confidence. The drop from 558 wallets in November to 516 currently represents more than just numbers – it signals a shift in how large investors view LINK’s risk-reward profile at current levels. Addresses Holding Between 100,000 to 1,000,000 LINK. Source: Santiment The recent acceleration of this trend, with a notable decrease from 524 to 515 wallets between December 14-15, suggests growing caution among major market participants. The BBTrend indicator provides additional context for understanding the current market phase. While maintaining a positive reading at 7.46, the significant decline from its recent peak of 19.31 suggests deteriorating momentum. This technical indicator, derived from Bollinger Bands, helps us understand not just the direction but the strength of price trends. The current reading suggests LINK remains in an uptrend but with notably reduced conviction. The EMAs (Exponential Moving Averages) present an interesting technical picture, with short-term averages maintaining position above longer-term ones but showing signs of potential weakness. This creates a critical juncture where maintaining support at $26.89 becomes crucial for preserving bullish market structure. A failure to hold this level could trigger a cascade toward $22.41 or even $19.56. The convergence of declining whale positions, weakening momentum indicators, and crucial technical levels suggests LINK has entered a period requiring careful monitoring. While the broader uptrend remains intact, the immediate future likely depends on whether current support levels can maintain buying interest and potentially stabilize institutional positioning.

Two days ago, a crypto analyst accurately forecasted a Dogecoin price crash, which has since taken place. According to the analyst’s latest projections, Dogecoin is poised for a steeper decline, with an anticipated 30% crash from its current trading price. Analyst Forecasts 30% Price Crash The Dogecoin price has crashed to $0.35, marking a substantial 14% decrease over the past seven days. Earlier this month, Dogecoin was trading above $0.4 after experiencing a sharp rise driven by the positive market sentiment fueled by Donald Trump’s victory in the US Presidential elections. A TradingView crypto analyst, known as the ‘MMBTrader’ who accurately predicted Dogecoin’s recent price crash, has now updated his forecasts to warn of further potential declines. The analyst shared a chart, analyzing Dogecoin’s price action and potential future movements. Currently trading above $0.3, the DOGE price is slowly approaching a critical resistance, illuminated by the red zone at the $0.438 level. The red arrow on the chart illustrates a potential short-term correction, set to trigger a Dogecoin price crash to the central support zone near the $0.25 mark. This substantial price drop would indicate a 30% decline from Dogecoin’s current price. Additionally, the analyst suggests that this projected price crash is a retracement, aligning with 0.618, the Fibonacci level indicated on the chart. The TradingView analyst has also revealed that if the Dogecoin price can establish strong support at the $0.25 level, it could confirm a bullish trend continuation. Such a development could pave the way for a potential Dogecoin price rally in the near term. Moving ahead, the green arrows in the analyst’s DOGE price chart represent the next potential phase pump. The analyst has predicted that a solid rebound from the $0.25 support level could trigger a new bullish phase for Dogecoin. Additionally, he projects a new bullish target towards the $0.75 area for Dogecoin, marking a significant leap to new price highs. Overall, the TradingView analyst has pinpointed $0.45 as the level to watch out for. Although a drop to $0.25 would mark a 30% crash for Dogecoin, a potential surge to $0.75 would represent a 115% price increase. Dogecoin Price Breakout To $1 Sighted While Dogecoin faces volatility and declines, Trader Tardigrade, a prominent crypto analyst, has expressed confidence regarding the meme coin’s potential shift to the upside. According to the analyst, Dogecoin is currently moving in a defined range between $0.33 and $0.49, highlighted by the purple rectangle in the price chart. Looking at the chart, this range represents a period of consolidation during which the price of Dogecoin appears to fluctuate between resistance and support zones. The analyst has depicted that a breakout above the range’s upper boundary could continue Dogecoin’s rally to new all-time highs at $1.05.

Analyst identifies Dogecoin pattern similarities with 2020/2021 bull run Historical precedent shows potential for multi-thousand percent gains Price targets range from conservative $3-8 to ambitious $30 As Dogecoin experiences a pullback to $0.34 from recent highs above $0.40, market analyst Trader Tardigrade has presented a compelling analysis comparing current market structure to historical patterns. The analysis centers on striking similarities between present conditions and the setup that preceded DOGE’s historic 2021 rally. Examining Dogecoin Historical Price Action The technical analysis reveals fascinating parallels between market cycles. During 2019-2020, Dogecoin formed a double bottom pattern followed by a descending channel, which ultimately led to a breakout. This sequence preceded an extraordinary rally where DOGE surged from $0.002452 to $0.08495, representing a 3,366% increase. The current market structure shows remarkably similar characteristics, with double bottoms formed during the 2022-2023 bear market followed by a comparable descending channel pattern. Perhaps most intriguing is the consolidation phase that followed DOGE’s initial rally in early 2021. After the first major price appreciation, the cryptocurrency entered a period of sideways trading around $0.05 before launching into another 677% surge to $0.43. Tardigrade suggests the current market is following a similar consolidation pattern, potentially setting up for another dramatic move higher. While Tardigrade’s $30 target represents an ambitious 8,158% appreciation from current levels, it’s important to understand the implications. Such a move would value Dogecoin at over $4 trillion market capitalization, a figure that requires careful consideration. More conservative estimates from other analysts suggest targets between $3 and $8, which, while still representing substantial gains, might be more aligned with realistic market dynamics. While historical patterns can provide valuable insight into potential market movements, traders should approach such ambitious projections with appropriate skepticism. The convergence of technical patterns with historical precedent creates an interesting thesis, but proper risk management remains crucial given the speculative nature of such projections.

A significant Shiba Inu (SHIB) transfer has caught the attention of traders today, December 19, as an early and highly profitable SHIB whale moved nearly 400 billion tokens. On-chain analysis service Spot On Chain (@spotonchain) highlighted that this well-known early buyer deposited 399.99B SHIB (worth $9.69 million) to Gemini, building on a history of substantial gains after initially acquiring 15.2 trillion SHIB in August 2020 for a mere 10 ETH. Spot On Chain wrote via X: “This early $SHIB whale with a $108M profit just further deposited 399.99B $SHIB ($9.69M) to Gemini in the past hour. Notably, on Aug 7, 2020, this whale bought 15.2T SHIB for just 10 ETH. Now, the whale still holds 2T SHIB ($48.54M) with an estimated total profit of $107.7M (3.7x return) from SHIB.” This is not the first time such profit-taking has occurred by the anonymous whale. In mid-November, Spot On Chain noted that the same early buyer (address “0xd6b”) was “back to offload tokens after 8 months of inactivity,” depositing 100 billion SHIB (worth $2.81 million at the time) to Gemini. Prior to that, the whale was last active in March, transferring 200 billion SHIB to both Gemini and Crypto.com. Shiba Inu Price Drops Within the last 24 hours, SHIB’s price has declined roughly 6.2%, extending a short-term downward move that saw a 10% drop on December 18. Notably, much of this weakness aligns with the broader crypto market downturn following the recent Federal Open Market Committee (FOMC) press conference. Although the expected 25 bps rate hike was delivered, Fed Chair Jerome Powell’s emphasis on a more restrained approach to interest rate cuts in 2024 resulted in a bearish market response across digital assets. Despite these macro headwinds and the high-profile whale sell-off, Shiba Inu’s higher time-frame technical structure remains relatively stable. In the daily chart, SHIB held key support which is the 100-day EMA which has proven to be a formidable support level for SHIB since the price first ascended above it in late September. Marked by the yellow circles on the chart, this EMA has repeatedly served as a crucial pivot point for price action, sustaining support for the fifth time during the observed period. Currently, the 100-day EMA sits at approximately $0.00002264 Additionally, SHIB remains above the 0.382 Fibonacci retracement level at $0.00002409, another critical threshold currently being watched by analysts. The 0.5 Fibonacci level at $0.00002821 marks a pivotal midpoint from the recent high-to-low range, serving as a psychological test for traders should SHIB attempt a recovery. Beyond that, further upside resistance levels await at the 0.618 Fib ($0.00003234) and 0.786 Fib ($0.00003821), potential barriers if bullish momentum returns.