Michael Saylor’s MicroStrategy is back in the news, with its stock trading at a 25-year high. TradingView’s recent data shows that MicroStrategy (MSTR) hit $235.89 in Thursday’s session. The stock’s price increased by more than 7% on October 25th. MicroStrategy’s price action last Thursday continued its 6-week rally and came ahead of its scheduled Q3 earnings report. This week’s stock performance reflected the company’s consistent growth over the past few years. MicroStrategy has outperformed most of its peers in the S&P 500 index and even outpaced Microsoft’s growth since 1999. According to observers, MicroStrategy is bullish, with market analysts listing $245 as the stock’s next target. MicroStrategy Continues Its Bitcoin Focus MicroStrategy, a Virginia-based Bitcoin development company, is currently the world’s largest corporate holder of Bitcoin, with 252,222 BTC. With Bitcoin’s current price of $67,392, the company holds more than $17 billion in assets. Initially, the company developed software to analyze external and internal data to help decision-making, with IBM Cognos, Oracle Corporation’s BI Platform, and SAP AG Business objects as its primary competitors. However, in August 2020, the company changed its business model to focus on Bitcoin. The company has raised $4.25 billion from its equity offerings, the foundation for growing its Bitcoin holdings. MicroStrategy’s Bitcoin Plan Has Its Costs, Too As part of its Bitcoin plan, it aims to buy BTC at every opportunity. For the most part, Saylor’s strategy was a hit. However, the business plan to focus on Bitcoin came at a cost, and Saylor earned a few detractors and critics along the way. For example, the company has expanded its convertible note offering to raise funds to buy more Bitcoin. However, the bulk of these notes do not mature until 2032. Some market observers also say that MicroStrategy is in a difficult situation, especially during market downturns. Since the company relies on Bitcoin, the company’s future is dependent on crypto’s extreme volatility. Although most criticisms are valid, Michael Saylor remains defiant and has since doubled its BTC investments. Next Target For MicroStrategy Is $245 Market observers are now bullish on Saylor’s company. According to Mark Palmer, the company’s stock has boasted a 17.8% yield since starting its Bitcoin strategy. Palmer and the other analysts now target $245 to address this sudden surge and bullish sentiment. Palmer adds that the company’s share price has increased by 1,600% in the last four years, and more gains are possible. It also helps that Michael Saylor has remained steadfast in his vision and passion for Bitcoin. In a recent Twitter/X post, MicroStrategy’s executive chairman hinted at the company’s next move and made a pitch to Microsoft’s Satya Nadella. Featured image from Dall.E, chart from TradingView

Analysts predicted that Ethereum price could exponentially increase as whales become more interested in the crypto asset, with whale activity hitting a six-week high. Despite the projected growth, an Ethereum insider suggested that the cryptocurrency should address several key issues to ensure that it can continue to flourish. Ethereum: Projected Price Upsurge Analyst Bаsictrаdingtv stated that prices of Ethereum could skyrocket as there is a growing interest among investors to buy the digital asset, saying that a 60% price hike is highly likely to happen. Blockchain data analysis firm Santiment identified a spike in whale activity on the Ethereum network and recommended a potential purchasing spree. According to their recent update, whale activity reached a six-week high, with average holders accumulating Ethereum after the con’s recent price decline. Projections shown by market observers suggested that Ethereum prices could soar and hit the $4,000 mark with some analysts forecasting that it might even breach the $6,000 level. Ethereum price growth could be fueled by its growing appeal to whales as demonstrated in the six-week high whale activity wherein more than 6,400 new wallets were made by large investors. Bаsictrаdingtv also agreed that Ethereum prices could reach the $4,000 level. However, he hinted that the possible bullish breakout would be invalidated if the ETH price dipped to $2,000, saying that this “pricе zonе” is a key indicator that should be kept an eye on. Recalibrating Protocol For Growth Meanwhile, Ethereum co-founder Vitalik Buterin said in a post that there are several issues that the cryptocurrency needs to address to thrive in the ever-evolving crypto space. Buterin explained that one of these issues is to simplify its protocol and ensure its continuous growth, saying that the coin’s protocol has become more complicated and it already undermines Ethereum’s integrity and security. He said that simplification of the protocol could help address the said issue. He explained that Ethereum has already implemented changes in the past, citing the removal of the SELFDESTRUCT opcode as an example. The SELFDESTRUCT opcode was known to complicate interactions among users and posed potential security risks. However, Buterin cautioned that the removal of such features must be conducted in a systematic approach so developers could see the impact of such action before implementing the changes. Solving The Storage Problem Another critical issue raised by Buterin is the storage problem being experienced by the cryptocurrency. Buterin said that Ethereum needs at least 1.1 terrabytes of storage to house its enormous historical data. He suggested the implementation of “cryptographic proofs of the state”, adding that this solution will allow nodes to retain only a fragment of the histories. He added that this approach is the same as the torrent system wherein nodes only keep pieces of data that intersect from one node to another. At the time of writing, Ethereum is being traded аt $2,470, a 2.84% price dip in the last 24 hours. On the other hand, ETH’s trаding volumе went up by more than 30% to nearly $22 billion in only a single day. Featured image from Forbes, chart from TradingView

Bitcoin ETFs ended last week on another positive note with $997.70 million in net inflows and demand reaching its highest level in six months. Undoubtedly, these ETFs have marked the turning point for Bitcoin and other cryptocurrencies since the beginning of the year, as it opened up the cryptocurrency to inflows from every side. Interestingly, data has shown that retail investors are responsible for most of the demand for Spot Bitcoin ETFs, accounting for 80% of the total assets under management. Bitcoin ETFs Changing The Narrative According to Bloomberg data, Bitcoin ETFs have dominated the ETF landscape in 2024, claiming the top four positions for inflows among all ETFs launched this year. Specifically, out of the 575 ETFs introduced thus far, 14 of the top 30 are new funds focusing on Bitcoin or Ethereum. The standout performer is the BlackRock IBIT fund, which has attracted over $23 billion in year-to-date inflows. Last week was another example of the positive performance in Spot Bitcoin ETFs, despite the coin’s consolidation below the $68,000 price level. According to flow data from SosoValue, weekly inflows started on a positive note on Monday, October 21, with $294.29 million entering the funds and ended the week with $402.08 million in inflows on Friday, October 25. Interestingly, Spot Bitcoin ETFs now hold about 938,700 BTC in 10 months since launch and are steadily approaching the 1 million BTC mark. Although these ETFs have opened doors for institutional investors, a recent report from crypto exchange Binance indicates that retail investors are the primary drivers of this surge in demand, accounting for 80% of the holdings in Spot BTC ETFs. Originally intended to provide institutional investors access to BTC, Spot Bitcoin ETFs have now become the preferred choice for many individual investors looking to take advantage of the regulatory clarity they offer. Nonetheless, there has been a steady demand from the institutional side, with institutional holdings rising by 30% since Q1. Among institutional investors, investment advisers have emerged as the fastest-growing party, with their holdings increasing by 44.2% to reach 71,800 BTC this quarter. What’s Next For Spot Bitcoin ETFs? Thanks to the rapid growth of Bitcoin exchange-traded funds, an impressive 1,179 institutions, including financial giants such as Morgan Stanley and Goldman Sachs, have joined the crypto’s cap table in less than a year. For comparison, Gold ETFs were only able to attract 95 institutions in their first year of trading. This upward trajectory of institutional investments in Bitcoin is poised to continue into the foreseeable future, which bodes well for the overall price outlook of Bitcoin. As these ETFs attract more institutional capital, they are likely to produce second-order effects like increased BTC dominance, improved market efficiency, and reduced volatility that could significantly benefit the cryptocurrency ecosystem. At the time of writing, Bitcoin is trading at $67,100. Featured image from Reuters, chart from TradingView

For years, Ethereum has held its place as the second-largest cryptocurrency, ranking just below Bitcoin. Now, its position is being challenged by innovative newcomers promising faster transactions, lower fees, and enhanced capabilities. These emerging platforms could reshape the crypto landscape. Explore the top three contenders aiming to overtake Ethereum in this rapidly evolving market. CYBRO Presale Achieves $3 Million Milestone: A One-in-a-Million Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In an exciting development, CYBRO has also launched a referral program, offering 12% from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are sent weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code. In addition to tokens, CYBRO introduces exclusive Points, providing even greater benefits for investors. These Points grant automatic entry into the CYBRO Airdrop, where the number of tokens you receive is proportional to the Points you hold. Up to 1 million Points are distributed weekly, earned by investing in CYBRO’s DeFi Vaults. Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform. With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million. >>>Join CYBRO and aim for future returns up to 1200%<<< Stellar (XLM): Streamlining Global Payments with Blockchain Stellar (XLM) is a decentralized network that uses blockchain to make moving money fast and affordable. It allows users to transfer any type of currency, including digital versions of national currencies and cryptocurrencies like Bitcoin. Stellar has processed billions of transactions and partnered with major companies. Its goal is not to replace existing financial systems but to connect them, providing a network where they can work together. People can use Stellar apps to send money around the world, and businesses can build blockchain applications or use the network for payments and currency exchange. The Stellar Development Foundation supports the network, promoting its use and maintaining its infrastructure. Exploring Aave: A Decentralized Lending Platform on Ethereum Aave is a cryptocurrency that offers a decentralized lending system on the Ethereum blockchain. It allows users to lend, borrow, and earn interest on crypto assets without the need for intermediaries. Using smart contracts, Aave manages assets through code, providing trust and security. The platform supports lending and borrowing of 17 different cryptocurrencies. Borrowers receive aTokens representing their loans and can earn interest. Aave also introduces flash loans, which are instant and require no collateral but must be repaid within the same blockchain block. AAVE tokens are central to the ecosystem, offering benefits like fee waivers and voting rights on protocol changes. The Safety Module provides a staking mechanism for risk mitigation, enhancing the value of AAVE. Conclusion In conclusion, while tokens like XLM and AAVE offer unique features in the crypto market, their short-term potential appears limited. In contrast, CYBRO emerges as a leading DeFi platform, providing investors with exceptional opportunities to boost their earnings through AI-powered yield aggregation on the Blast blockchain. With benefits such as high staking rewards, exclusive airdrops, and cashback on purchases, CYBRO delivers a top-tier user experience with smooth deposits and withdrawals. Its focus on transparency, compliance, and quality distinguishes it as a standout project. This has attracted strong interest from major investors and influential figures in the crypto community, signaling a promising future for CYBRO. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io

The US-based spot Bitcoin ETFs has produced another impressive performance in the past week recording nearly $1 billion in total inflows. Meanwhile, the spot Ethereum ETFs have struggled to maintain a positive form with outflows dominating the market in the same period. Spot Bitcoin ETFs Attract $3 Billion In 11 Days Following a splendid performance in October’s third week during which the Spot Bitcoin ETFs registered $2.18 billion in market inflows, these institutional funds retained investors’ interest the following week evidenced by a total weekly inflow of $997.70 million. According to data from ETF tracking site SoSoValue, the Spot Bitcoin ETFs recorded a positive netflow on all weekdays except Tuesday, October 22nd, where they experienced $79.09 million in outflows. Meanwhile, the largest inflows came on Friday, October 25, valued at $402.08 million. Of this figure, The dominant BlackRock’s IBIT attracted $291.96 million as its cumulative net inflows moved to $23.99 billion. In a similar fashion, Fidelity’s FBTC emerged in second place recording $56.95 million inflows, while $33.37 million was invested in Ark & 21 Shares’s ARKB. Other ETFs that contributed to Friday’s gain include Bitwise’s BITB, Grayscale’s BTC, and VanEck’s HODL with respective inflows of $2.55 million, $5.92 million, and $11.34 million. Interestingly, these positive net flows recorded on Friday mean the spot Bitcoin ETFs have now recorded over $3 billion in inflows in the last eleven trading days. Commenting on this development, popular crypto analyst Michaël van de Poppe shared the general excitement of the crypto community as such massive inflows indicate significant institutional interest in Bitcoin. Van de Poppe said: As of now, cumulative total net inflows for the Spot Bitcoin ETFs now stand at $21.93 billion, with their total net assets now valued at $65.25 billion which represents 4.93% of Bitcoin market shares. Ethereum ETFs See Negative Returns Again In other news, the struggles of the spot Ethereum ETF market persist, which saw total outflows of $24.45 million over the past week, marking their 11th week of negative returns since debuting on July 26. Total net assets for these Ethereum ETFs currently stand at $6.82 billion but with a cumulative total net outflows of $504.44 million. At press time, Bitcoin and Ethereum traded respectively at $67,077 and $2,484 following a minor decline in both assets in the past day.

The crypto market has been under intense bearish pressure in recent days, with the Ethereum price falling by 6% in the past week. On Saturday, October 26th, the “king of altcoins” experienced an abrupt price downturn before finding support just above $2,400. A popular crypto pundit on X has come forward with an interesting prognosis for the price of Ethereum, saying that the cryptocurrency is set for a rebound. The question here is — how far can the altcoin climb before facing major resistance? TD Sequential Flashes Buy Signal For Ethereum Price Prominent crypto analyst Ali Martinez took to the X platform to share an exciting projection for the Ethereum price in the short term. According to the pundit, the Tom Demark “TD” Sequential has sounded a buy alarm for the second-largest cryptocurrency on its 12-hour chart. For context, the Tom Demark Sequential is a technical analysis indicator designed to pinpoint the exact time of trend exhaustion and price reversal. This indicator features two phases known as the TD Setup (or the momentum phase) and the TD Countdown (or the trend exhaustion phase). The TD Setup phase occurs after a price reversal and comprises a 9-candle count. The TD Countdown phase, on the other hand, is valid only after the Setup phase has been established and is made up of 13 candles (typically of the same polarity). As shown in the chart above, the Ethereum price seems to have completed the TD Setup phase, with figure “9” plotted on the last candlestick. This suggests that the altcoin’s price might have reached a bottom, with a rebound on the horizon. According to Martinez, the case for an Ethereum price rebound is stronger should the support level at $2,412 hold. The analyst noted that the altcoin could travel as high as $2,665 before encountering the next major resistance. After the Ethereum price made a comeback around $2,400, it appears that the $2,412 support did hold strong. As of this writing, the Ether token is valued at $2,478, reflecting a negligible 0.1% dip in the past 24 hours. On-Chain Data: Negative Region According to the latest on-chain data, the ETH coinbase premium continues to lag in the negative territory, falling to -2 in recent weeks. This trend suggests that whales and institutional investors in the United States are selling their Ethereum tokens. With the Ethereum price looking to make a quick comeback, the selling pressure from the US large investors could stall any price growth in the short term. However, the bearish period could provide an opportunity for long-term investors to “buy the dip.”

Following a slight price dip on Friday, Ethereum (ETH) has displayed much resilience climbing by 2.84% in the past 24 hours. Commenting on the altcoin’s possible next movements, crypto analyst Ali Martinez has painted a potential trajectory to a new all-time high at $6,000. Ethereum Now At Critical Support Zone – Here’s Why In an X post on Saturday, Martinez shares that Ethereum is currently testing a key support level at $2,400. Notably, Ethereum slipped to around $2,410 on Friday and has since remained in this price zone following a recent rejection at $2,500. According to Ali Martinez, ETH must maintain support at $2,400 to avoid breaking an ascending channel that stretches as far back as July 2023. Based on the analyst’s trading chart, a successful retest at the specified support zone will allow ETH to surge above the $3,000 mark before experiencing a consolidation between $3,350 – $3,750. Thereafter, another price breakout will occur which should push Ethereum’s price to the upper end of its ascending channel around $6,000, indicating a potential 142% gain on the asset’s current market price. However, If Ethereum bulls fail to hold the support at $2,400, the altcoin could fall by 40% finding a new support level at $1,500. To avoid significant losses in this high “risk to reward” situation, Ali Martinez has advised traders to put a stop loss between $2,150 – $2,300. Coinbase Premium Negative Index Signals Bearish Sentiment For ETH Market In other news, CryptoQuant analyst Darkfost has noted that the Ethereum Coinbase Premium Index is currently at -2 and is highly negative. According to Darkfost, this development indicates that US institutional investors or market whales are currently aggressively offloading their ETH holdings. For short-term traders, this is a strong bearish signal as Ethereum is likely to experience a downtrend in the coming days. However, Darkfost states that long-term traders may want to utilize such price decline as a perfect accumulation opportunity. At the time of writing, ETH trades at $2,473 per unit. While the altcoin might have recorded a minor gain in the past day, a decline of 6.47% and 6.27% in the last seven and thirty days, respectively, still leaves much for investors to desire. In addition, Ethereum’s daily trading volume, valued at $12.22 billion, reflects a 48.27% decline representing a reduced market liquidity and potential heightened price volatility. Featured image from Dribble, chart from Tradingview

Influential investors from the Polygon and Litecoin communities are shifting their attention to a new opportunity. As the Cybro presale accelerates, curiosity mounts. What is drawing these heavy hitters to this emerging platform? Uncover the factors fueling Cybro’s rapid rise and why it is capturing the interest of seasoned crypto enthusiasts. CYBRO: Your Gateway to Unmatched Crypto Gains! Welcome to the world, where CYBRO is redefining the rules of crypto investing and putting GIGA PROFITS within your reach. Built on the revolutionary Blast blockchain, CYBRO maximizes your crypto earnings like never before. Whether you’re farming yield, stacking ETH, or just HODLing for those epic returns, this is the token for those who know how to win. CYBRO’s Presale is Hot and Approaching $3 Million! CYBRO’s presale is skyrocketing and inching toward the $3 million mark — and there’s a reason for that. At just $0.035, you’re getting in at a massive discount before the token hits the market at $0.06. That’s an easy 140% ROI for those who jump in early. Over 9,000 holders have already joined the alpha squad, and they’re stacking rewards like never before! Why CYBRO? Because Winning is the Only Option. Here’s why the community is rallying around CYBRO: Yield Farming: Top-tier user interface with multiple strategies to farm APY and Points. Built on Blast: Native yield with an APY of 4% for ETH and 5% for stablecoins. Effortless Deposits and Withdrawals: Easy in, easy out, so you’re always in control of your funds. AI-Powered: Create AI-tailored portfolios, built for your preferences and optimal performance. Early Investors Win Big Don’t wait until prices soar! By investing now, you’ll not only benefit from immediate growth potential but also unlock weekly ETH rewards and participate in community-driven airdrops. Early adopters are already seeing gains, and you can too! Join CYBRO today and secure your place in this fast-growing ecosystem. The future belongs to those who act now—don’t miss your chance before prices skyrocket! >>Get in Early, Reap the Rewards with CYBRO!<< POL Price Steady Above Support, Potential Breakout Ahead POL, formerly known as MATIC, is trading between $0.37 and $0.39, holding above its support level at $0.35. The 10-day simple moving average is $0.36, while the 100-day average sits at $0.37, showing a stable short-term trend. The Relative Strength Index is at 46.97, suggesting the coin is neither overbought nor oversold. If POL moves past the nearby resistance at $0.40, it could aim for the next level at $0.43, which would be an increase of about 10%. However, if it dips below $0.35, the price might slide to the second support at $0.33. Litecoin Consolidates Near Key Averages: Will It Break Above $83.66 or Drop Below Support? Litecoin (LTC) is trading between $66.85 and $78.96. The price is near its 10-day and 100-day simple moving averages, showing consolidation. The Relative Strength Index is around 52, indicating neutral momentum. The MACD level is slightly positive at 0.05, suggesting possible upward movement. In the past month, Litecoin’s price has risen by over 4%. If it breaks above the nearest resistance at $83.66, it could aim for the next level at $95.76, which would be a significant increase. However, if the price falls below the support at $59.44, it may decline further. Traders are watching these levels closely for signs of a breakout or downturn. Conclusion As the crypto market enters a new bullish phase in 2024, assets like POL and LTC show limited short-term potential compared to emerging platforms. CYBRO, with its advanced DeFi capabilities, presents investors with exceptional opportunities to enhance their earnings through AI-powered yield aggregation on the Blast blockchain. Its features, including generous staking rewards, exclusive airdrops, and cashback on purchases, offer a superior user experience with effortless deposits and withdrawals. By prioritizing transparency, compliance, and quality, CYBRO distinguishes itself as a promising project attracting significant interest from crypto whales and influencers. Site: https://cybro.io Twitter: https://twitter.com/Cybro_io Discord: https://discord.gg/xFMGDQPhrB Telegram: https://t.me/cybro_io

Smart investors are looking for the next great prospects as the bitcoin market recovers and veers in new directions. Three particularly interesting contenders among the coins likely to show a notable increase by early 2025 are Rexas Finance (RXS), Dogecoin (DOGE), and Pepe Coin (PEPE). Different driving forces support each of these currencies, offering investors several options to profit from the next possible bull run. Rexas Finance (RXS) Rexas Finance (RXS) has attracted a lot of interest for its innovative strategy of tokenizing real-world assets (RWA), comprising real estate, artwork, and commodities. Rexas Finance wants to democratize access to usually high-entry-barrier markets by using blockchain technology. The platform allows investors to possess fractional shares of valuable assets, therefore upsetting the traditional scene of asset management.Aimed to bring real-world assets ( RWAs) into the blockchain, Rexas Finance is a new platform. Rexas Finance democratizes access to investment prospects traditionally beyond reach for many by tokenizing tangible and intangible assets including real estate, commodities, and even fine art. Fractional ownership is made possible via the tokenization process, which turns asset ownership rights into digital tokens traded on the blockchain, therefore improving liquidity and providing an open means of asset management.Rexas Finance distinguishes itself for several factors. To expedite asset tokenizing, it combines modern technologies such as blockchain, smart contracts, artificial intelligence, and distributed finance (DeFi). The platform provides easy tools for token production and maintenance, including the Rexas QuickMint Bot, which streamlines Integrated with well-known messaging platforms like Telegram and Discord; this bot lets users rapidly create tokens and handle them without any technical knowledge.With over $4 million thus far and more than 86 million tokens sold in its first three phases, the presale has been a tremendous success. Currently in progress is the fourth stage; RXS tokens cost $0.06. From $0.03 in the first stage, early purchasers have seen a token price rise indicating great investor demand and momentum.Rexas Finance is more easily reachable to a larger audience since its placement on CoinMarketCap (CMC) adds to its legitimacy and visibility. There is a great possibility for a significant price increase as RXS gets ready for its ultimate listing on both centralized and distributed markets. With a projected listing price of $0.20, the present presale price of $0.06 seems to be somewhat below.The demand for RXS is probably going to rise as more assets are tokenized, therefore perhaps driving prices upwards. Rexas Finance offers a good bet for significant returns by early 2025 for investors wishing to have exposure to the expanding realm of tokenized real-world assets. Dogecoin (DOGE) Originally a joke coin, Dogecoin (DOGE) has become somewhat well-known in the crypto industry largely because of its community-driven character and well-publicized sponsorships—most memorably from Elon Musk. With a market valuation of more than $15.9 billion, Dogecoin has far outperformed forecasts multiple times, especially in bull market cycles when meme currencies often find appeal.Market analysts predict a fresh flood of money into the crypto field. With its past of riding Bitcoin’s coattails, Dogecoin is positioned to gain greatly from this trend. Experts have estimated that from its present value, Dogecoin might rise to $2.1 by 2025—a significant increase. This aim would suggest a market cap of more than $320 billion, so DOGE would be among the most valuable altcoins available.Dogecoin appeals because of its simplicity and strong community support, which usually translates into higher trading volumes in a bullish market. Furthermore, the approaching halving of Bitcoin could have a spill-over effect whereby other well-known cryptocurrencies, such as Dogecoin, get additional attention and funding. Should these variables line favorably, DOGE could indeed reach its lofty pricing goal, therefore benefiting long-term holders with significant returns. Pepe Coin (PEPE) Originally introduced as a light-hearted and sarcastic bitcoin, Pepe Coin (PEPE) has rapidly gained prominence in the memecoin market thanks to a significant 1242.2% annual-to-date rise in value. Its popularity stems from the Pepe meme’s broad cultural acceptance as well as the market’s inclination for high-risk, high-reward assets during upward movements.Pepe Coin, trading above notable support levels, has lately gained 8.56%; its price today is $0.057847. Reaching $769.32 million, a recent increase in trading volumes by 53.64% points to a rise in investor interest as traders search for the next major meme currency prospect. Based on analysts’ bullish trend, Pepe Coin’s price might rise by thirty percent to $0.000010 by the end of 2024.Memecoins appeal because they can produce quick and significant gains, particularly in market fluctuations driven by things like reduced interest rates and more liquidity. Meme coins like PEPE should draw speculative money once the larger Bitcoin market gets under control. Moreover, the increasing prominence of “whale” activity—big transactions above $100,000—suggests that major players are collecting PEPE, maybe preparing the ground for more price rises. Which Token Has the Most Potential Overall? Though all three cryptocurrencies—Rexas Finance, Dogecoin, and Pepe Coin—offer convincing arguments for possible 10x profits by early 2025—they appeal to distinct kinds of investors.Particularly in the field of actual asset tokenization, Rexas Finance (RXS) is perfect for individuals wishing to invest in a project with robust foundations. Its platform-oriented value proposition and effective presale stages appeal for long-term development.Dogecoin (DOGE) presents a mix of great visibility, strong community support, and past success riding on Bitcoin-led bull runs. Among its contemporaries, Dogecoin could be the safer choice for people who want a memecoin with a track record.Investors looking for the excitement of quick returns find attraction in Pepe Coin (PEPE). Though Pepe’s recent performance and expanding fanbase point to another spectacular surge, the memecoin market is naturally erratic.Every token has a different story and growth driver, hence diversification across several assets is a possibly profitable approach for investors hoping for maximum profits by early 2025. Although the road to 10x profits has hazards, these three tokens are positioned to ride the next wave of expansion in the crypto market. 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

A fresh wave of investors is looking to more utility-based tokens as meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) start to lose appeal. Leading this change is Rexas Finance (RXS), a project with practical uses that has drawn the attention of serious investors—including those who once concentrated on meme coins. With a developing community and a complete ecosystem, RXS is ready for explosive expansion; projections of a 10,000%+ increase by 2025 might perhaps bring the value to $12. Rexas Finance (RXS): Transforming Real-World Asset Tokenization Targeting the real-world asset (RWA) tokenization market, Rexas Finance (RXS) is not only another token but also a disruptive force in the realm of cryptocurrencies. Under a paradigm that democratizes access to high-value investments, RXS lets people fractionally own real-world assets, including real estate, precious metals, and even enterprises. The RXS Ecosystem Offers: Fractional ownership of real estate assets: Investors can more easily diversify their portfolios free from the conventional constraints of property ownership. Token Builder: To close the gap between conventional banking and the blockchain economy, RXS offers a tool called Token Builder that lets people and businesses tokenize their assets. For their assets on the blockchain, companies or people can create funds or boost liquidity. Launchpad: Rexas provides a launchpad whereby companies may design and distribute their own tokens, simplifying the fundraising and project creation process. Rexas Estate: This provides investors with a special approach to diversifying their portfolios through real-world asset ownership made possible by blockchain technology. Incorporating more real-world assets and tokenizing technologies in the future, the ecosystem is built with scalability in mind, guaranteeing constant innovation and expansion. Already generating over $3.9 million, the Rexas Finance presale is attracting investors to the business in anticipation of its promise. Early adopters have the opportunity to see significant gains when the coin eventually releases on main exchanges, even with its presale stage price of $0.060. The 6x return predictions on presale investments and the possibility of a 10,000%+ gain by 2025 help explain why RXS is starting to be a preferred choice among retail and institutional players. Dogecoin (DOGE): A Fading Meme Power Originally a meme, DOGE saw a spike during the 2021 bull run when its market capitalization topped $50 billion. Its value came mostly from strong community support and social media excitement paired with endorsements from influential people like Elon Musk. But given 10,000 fresh DOGE mined every minute, its inflationary character has started to worry investors looking for currencies with more sustainable development potential.Dogecoin is priced at $0.1445, far below its all-time high. DOGE’s devoted community is still active, but its development potential has been hampered by weak technological foundations and few practical use cases. Many DOGE holders are already diversifying into initiatives like Rexas Finance, which provides not only speculative returns but also practical value. Shiba Inu (SHIB): Meme Coins with Some Use Inspired by Dogecoin, the rising meme coin, Shiba Inu (SHIB) rode on social media and retail investor hype. Originally thought of as a speculative asset, SHIB has evolved towards building a distributed ecosystem with the decentralized exchange ShibaSwap and concepts for NFTs and DAO-based governance structures. Many still consider Shiba Inu to be a high-risk investment, even with these developments.Currently trading at $0.00001922, the coin has some promise for future expansion but is less steady than utility-based ventures since its reliance on community-driven hype causes fluctuations. Originally supporting SHIB, investors are now investigating choices like Rexas Finance, which offers real-world value and more long-term worth. Conclusion: Why Are Investors Switching to Rexas Finance (RXS)? Investors are turning more and more outside speculative tokens like Dogecoin and Shiba Inu as the bitcoin market develops. Although these coins might have brought quick profits in the past, businesses like Rexas Finance have real-world value, scalability, and a tested growth model going forward.RXS is fast becoming the token of choice for serious investors seeking long-term gains with its complete ecosystem and emphasis on real-world asset tokenization. Rexas Finance is one idea with both speculative promise and practical real-world uses in a market that is always changing. RXS is positioned to be one of the most profitable investments accessible today for those hoping to profit from the next significant market boom. 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

Bitcoin has experienced a volatile week, with prices oscillating between a local high of $69,500 and a low of $65,000. After weeks of excitement and upward momentum, the market has cooled off, and BTC is currently consolidating below the critical $70,000 level. This consolidation phase is crucial as traders assess the next potential move for Bitcoin. Analyst Ali Martinez has shared significant data from Binance, highlighting the high risk for short positions at the $68,500 mark. When such risk levels are present, the price often seeks liquidity, which suggests that it may gravitate toward supply zones. This behavior indicates that the market is potentially targeting areas where sellers may be positioned, which could lead to further fluctuations in price. The interplay between these resistance and support levels will determine Bitcoin’s trajectory. A decisive move above these levels could signal Bitcoin’s next phase, making it critical for investors to remain vigilant. Bitcoin Short Squeeze Looms Bitcoin is reaching a pivotal moment, with the market buzzing with expectations for a potential push toward all-time highs. Martinez recently shared crucial data on X, revealing that a significant number of short positions are at risk of liquidation, particularly around the $68,598 mark. The cumulative short liquidation leverage at this price level is approximately $452.36 million, indicating that a substantial amount of capital could be affected if the price continues to rise. This scenario sets the stage for a bullish outlook, as overleveraged short positions suggest that Bitcoin could find liquidity at supply levels. This could trigger a cascade of buying pressure. When the price breaks above the key $69,000 mark, it could lead to a wave of Fear of Missing Out (FOMO) among traders and investors watching from the sidelines. The liquidation of these short positions could propel Bitcoin’s price higher, strengthening the bullish narrative. Market participants closely monitor this critical threshold, as a decisive break above $69,000 could ignite a surge toward previously untested highs. Maintaining awareness of both market dynamics and key price levels is essential for traders looking to navigate the volatility. The next few days could prove crucial as Bitcoin approaches this significant moment, and how it reacts to these overleveraged positions may determine its trajectory in the coming weeks. BTC Liquidity Levels Bitcoin (BTC) is currently trading at $67,100 after a week marked by volatility and uncertainty. The price has pushed above the $66,000 level, signaling strength and hinting at a potential rally in the coming weeks. This upward movement reflects renewed optimism in the market, as investors look for signs of sustained bullish momentum. However, it’s essential for BTC to maintain its position above the $65,000 mark. If the price fails to hold this level, a sideways consolidation may occur, allowing the market to gather liquidity before making its next move. This consolidation phase could set the stage for a surge in buying activity as traders look to capitalize on potential opportunities. A break above the key $70,000 level would further strengthen the bullish outlook, potentially initiating a new uptrend. Such a movement could attract additional investment and excitement in the market, as traders and investors respond to the breakout. Featured image from Dall-E, chart from TradingView

Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the market. The price of the altcoin seems to be recovering nicely after suffering an abrupt decline on Friday, October 26. As of this writing, the value of Toncoin stands around $4.92, reflecting an almost 3% upswing in the past day. However, this single-day action has had minimal impact on the token’s performance on the weekly timeframe. According to data from CoinGecko, the TON price is down by nearly 7% in the past week. What Does The Declining Sharpe Ratio Mean? In a recent Quicktake post on the CryptoQuant platform, an analyst with the pseudonym Darkfost explained the relevance of the “Sharpe Ratio” metric to cryptocurrency price. According to the crypto pundit, the Sharpe Ratio for Toncoin has been in decline in recent weeks, signaling a period of decreased risk. The relevant metric here is the Sharpe Ratio, which assesses the risk-adjusted returns of an investment. This indicator basically measures how much profit an investment offers per unit of risk (considering risk is quantified by volatility). Typically, a rising Sharpe Ratio signals a higher risk-adjusted performance. On the other hand, when this metric is in a downward trend, it implies that the coin is in a “lower-risk zone” and profits are becoming less significant. According to Darkfost, it appears that both volatility and risk are decreasing for Toncoin, as its Sharpe Ratio continues to fall. With the altcoin showing reduced sensitivity to price fluctuations, it offers a more favorable risk-return balance and a less risky market for investors. A less volatile market condition may be ideal for Toncoin investors to accumulate tokens with less exposure to abrupt price movements. The Quicktake analyst, however, warned investors to approach the market with caution as the “lower-risk zone” may not be completely safe. Darkfost specifically advised investors to still watch out for Bitcoin’s price movements, as the market tends to respond to swings from the premier cryptocurrency. Toncoin To Overtake Ethereum In This Metric Before 2025 In a separate Quicktake post, an analyst has projected Toncoin to overtake Ethereum in terms of adoption before the end of 2024. According to Maartunn, the number of TON holders, which currently stands at 112 million, is expected to surpass ETH holders by December 20, 2024. This projection is based on Toncoin’s recent growth spurt, which has seen the network gain an average of 500,000 new holders daily over the past month. According to the Quicktake analyst, the number of TON holders could exceed that of Ethereum (currently 137 million) if this trend continues. However, Maartunn noted that this prediction doesn’t account for the potential of a slowdown in TON’s growth rate and the continuous growth of ETH holders. The analyst acknowledged that while these two factors are only variables, they may still influence the projected dates.

Choosing the right cryptocurrency usually means looking at past prices and where they might go. In this article, we’ll look at three cryptocurrencies that seem promising: Litecoin, Polygon, and BlockDAG. Litecoin has finally moved up after staying the same for six years, with a 12% increase in just two weeks. Polygon is also doing well, keeping steady at $0.36, and experts think it might jump significantly soon. BlockDAG (BDAG) has made a splash with its impressive growth. It has gathered more than $102 million early on and has given a huge 1960% boost to the first people who got on board. Experts think it might reach $600 million soon, and they’re even saying it could be worth $20 per coin by 2027. Litecoin’s Price Climbs as More People Show Interest Recently, Litecoin’s price went up past $73, a first since July. This bump came after being stuck in a tight pattern for almost six years. More big groups and regular folks are getting interested, which has helped the price rise 12% in two weeks. With strong backing at about $59 since August, Litecoin looks like it might break out of its long price freeze. Polygon on the Verge of a Breakout: Could This Mean a New Rally? Polygon’s POL coin looks ready to break out after being in a tight spot at a crucial price level. After a big fall from its highest point in 2021, POL has been steady at $0.36. If POL can break free from its current pattern, it could start a positive rally, possibly reaching $0.70. With experts watching this setup closely, the next few weeks could be key to see if Polygon starts climbing again. BlockDAG Hitting $600M Soon! BlockDAG has quickly become the most talked-about presale of the decade, and it’s not hard to see why. In just a few months, it has already gathered over $102 million, with a whopping 14.5 billion BDAG coins snapped up by eager participants. For the early birds, the rewards have been huge—a coin that began at $0.001 in the first presale has soared to $0.0206 by the 24th batch, giving them a return of up to 1960%. This growth has been steady and consistent, not just a sudden spike, with each new batch of coins marking a step forward in the project’s expansion. Now, with nearly $102 million in the bank and interest increasing daily, experts suggest BlockDAG could pull in $600 million or more in the next couple of months. This could place it among the giants when it comes to presale success. With the current price of BDAG at $0.0206, experts think it could hit an impressive $20 by 2027. For anyone crunching the numbers, this could mean huge gains for those who join now. For those hesitating, here’s the bottom line: BDAG coins won’t be this accessible forever. The chance to get involved is quickly shrinking, and waiting too long might mean missing out on what could be one of the boldest projects in recent times. The Final Word As Litecoin strengthens, underpinned by firm price levels, and as Polygon edges toward a potential breakout, the market is ripe with possibilities. Yet, when picking the top cryptocurrency to get into now, BlockDAG stands out. Its presale is poised to reach $600 million in the coming two months. Even more striking, early participants have already enjoyed a 1960% ROI. With BDAG currently priced at just $0.0206 and demand rising, this opportunity might not be around much longer. If you’re considering jumping in, it might be wise to do so soon before this chance passes by. Learn About BlockDAG – Act Now Before Prices Increase: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

PayPal has made a significant move to bring crypto closer to everyday use by integrating it with Venmo, pushing digital currencies toward mainstream acceptance. Amid this development, two cryptocurrencies are drawing particular attention: Quant (QNT) and BlockDAG (BDAG). Quant’s price has potential, though its future is uncertain with ongoing price volatility making traders wary. BlockDAG, on the other hand, is moving full steam ahead. Having raised over $102 million in its presale, its cutting-edge technology and successful presale are gaining international interest. A newly released brand video showcases its superiority over traditional, slower blockchains. The excitement is peaking in the presale arena, with early participants already enjoying a remarkable 1960% ROI. With the new video generating huge interest, the presale of Batch 24 of BlockDAG is almost sold out. PayPal Crypto Payments Grow with Venmo Integration PayPal has simplified entering the crypto space by enabling Venmo as a new payment method for MoonPay purchases, affecting over 60 million Venmo users in the U.S. to instantly buy cryptocurrencies. Users can now easily add funds to their MoonPay accounts using their Venmo balance, bank account, or debit card. This new feature is a big leap forward, although residents in New York and Texas must wait due to local regulations. PayPal’s effort to make buying crypto simpler mirrors the broader trend of making digital currencies more accessible and user-friendly for everyone. Quant (QNT) Prices Volatile, Caution Advised Quant’s price is currently under strain, trading at about $65.05 following a recent downturn. Investors remain cautious despite encouraging indicators like low exchange reserves and a crowd sentiment score of 2.07. The coin is teetering near a crucial support level at $61.80, and maintaining this could lead to a price rebound. However, a 7.39% drop in open interest indicates traders are reluctant to open new positions. While there is some optimism, particularly among long-term holders, the market appears to be waiting for clearer signals to make substantial moves. BlockDAG’s New Brand Video Showcases Its Breakneck Speed Picture a blockchain that doesn’t just keep up but changes the game—this is BlockDAG. Having recently surpassed the $102 million mark, BlockDAG’s journey has been nothing short of spectacular, with over 14.4 billion BDAG coins snapped up and 23 out of 45 presale batches already sold. Early participants have seen returns up to 1960%, proving BlockDAG’s ability to deliver impressive results. In its latest brand video, BlockDAG’s speed steals the show. Picture Formula 1 car racing, symbolizing other blockchain networks, yet BlockDAG outpaces them all. Thanks to its unique structure that handles multiple blocks simultaneously, it leaves conventional blockchains in the dust, struggling with their scaling and speed limitations. The video quickly grabbed the attention of crypto enthusiasts, driving massive interest in BlockDAG. The presale for Batch 24, at just $0.0206 per coin, is nearly sold out as more people rush to be part of this exciting story. Hitting the $100 million milestone underscores BlockDAG’s significant growth, and interest only continues to soar. With such bright prospects, BlockDAG is at a pivotal moment, and all eyes are on what it does next. As Batch 24 comes to a close, the project is poised to keep up its stellar performance, demonstrating time and again how it has outdone rivals with its modern approach to decentralized tech. Last Say PayPal’s recent efforts to streamline crypto payments and purchases signify a major leap toward bringing digital currencies into the mainstream. While Quant’s price hovers uncertainly, with observers keenly watching its critical support levels, BlockDAG continues its relentless advance. Having raised $102 million and secured over 14.4 billion BDAG coins, BlockDAG is cementing its place in the market. The new brand video showcases BlockDAG’s technical superiority, outstripping traditional blockchains in both speed and scalability. With Batch 24 close to selling out, BlockDAG is fast becoming one of the most notable cryptos to keep an eye on right now. Learn About BlockDAG – Act Now Before Prices Increase: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

Solana is showing strength as it pushes above the critical $171 level—a price that previously acted as supply and now serves as a solid demand zone. This level is relevant for bulls, as holding above could pave the way for a rally in the coming weeks. Crypto analyst and investor Carl Runefelt recently shared a technical analysis indicating that Solana’s current price action remains bullish as long as it sustains support above this mark. Solana’s ability to turn former resistance into a support base reflects increased demand, which could act as a catalyst for further upward momentum. The market is closely monitoring these movements, and the next few days are expected to be crucial for Solana. If SOL maintains its trajectory above $171, it may spark optimism for an extended uptrend. Investors will likely keep a close eye on Solana’s price dynamics, as any shift below this level could alter the short-term outlook for one of crypto’s most promising assets. Solana Testing Liquidity Top investor Carl Runefelt recently shared his insights on X, highlighting the significance of Solana’s head and shoulders pattern. In his analysis, Runefelt noted that a successful neckline retest would confirm the bullish trend’s strength. Runefelt’s chart analysis further indicates that as long as SOL remains above the neckline, bullish momentum is expected to persist, with his target price set at $202 in the short term. This potential upward movement has caught the attention of both investors and traders who are looking at the $202 level as an achievable target if the current bullish trend continues. Runefelt’s analysis underscores that the neckline acts as a critical support level—one that, if maintained, could drive strong buying interest. However, any break below this neckline could shift the momentum, potentially leading to a more cautious outlook. With the head and shoulders structure forming, Solana’s price action will be crucial in the next few days. A successful retest of the neckline could fuel continued growth, possibly pushing SOL to new highs. SOL Price Action Solana (SOL) is trading at $172, steadily climbing as it targets a higher supply zone. To maintain this bullish momentum, SOL bulls need to push the price above the critical $180 resistance level. This $180 mark acts as a key resistance, and breaking it could potentially trigger a wave of FOMO (fear of missing out) buying, which would drive the price even higher. This psychological level may attract increased interest from traders who see a clear breakout as a signal for more gains. However, maintaining this bullish trend is essential. If SOL cannot maintain support above $171, a retracement to lower demand zones is likely. This move could bring SOL back to test support levels closer to previous lows, possibly slowing down the current momentum. For traders and investors watching closely, the next moves around the $171 and $180 levels are key indicators. A strong push past $180 could suggest continued strength in Solana’s price action. A drop below $171 would signal weakness, indicating a temporary pause or pullback in the recent rally. Featured image from Dall-E, chart from TradingView

Bitcoin’s consolidation below $68,000 extended throughout this week, with bulls holding steady above the $66,000 support level. Although the cryptocurrency hasn’t seen a significant push to the upside, its ability to avoid a deeper correction means that Bitcoin remains on track to end October on a bullish note. In support of this outlook, a crypto analyst has highlighted an emerging trend in Bitcoin’s UTXO metric, which suggests a looming breakout in the crypto’s price. UTXO In Loss Reaches Highest Point Ever The number of Bitcoin UTXO in losses recently reached a new peak on September 11, 2024, surpassing levels last seen during the COVID-19 crash in 2020 and the September 2023 market bottom. This metric, known as Unspent Transaction Output (UTXO), refers to the amount of Bitcoin that remains unspent in a Bitcoin wallet after a transaction. When UTXO is measured in loss, it reflects the number of Bitcoin holdings that would currently sell at a loss compared to the last transaction price from the Bitcoin wallet. According to Glassnode data, the number of UTXO in losses spiked massively in September to surpass previous numbers, indicating that a significant portion of active Bitcoin addresses are underwater. However, while this may appear to signal bearish sentiment at first glance, history has shown this isn’t the case. As pointed out by crypto analyst CryptoCon, major spikes in UTXO loss don’t come right before terrible price action, but they mostly come at the end of it. Keeping this trend in mind, the new peak in September most likely was an inflection point for Bitcoin’s price action for the rest of the year. What Does This Mean For Bitcoin Price? Past data reveals a consistent pattern: when UTXO in loss reaches extreme highs, Bitcoin’s price is often near a reversal. For instance, during the COVID-19 crash in March 2020, UTXO in loss spiked significantly, followed by a strong rally that led Bitcoin to new all-time highs in the following months. The last time the UTXO in loss spiked massively was in September 2023, serving as the forerunner for the latest bull market cycle which kicked off in October 2023. This run culminated in a new all-time high for Bitcoin in March 2024, effectively showcasing spikes in the UTXO in loss as a signal of positive market momentum. If history were to repeat itself, the September spike in the UTXO loss numbers could also signal a market bottom, which in turn opens up the stage for a rally in the rest of the year. Interestingly, Bitcoin’s price action has been notably positive since this new peak in UTXO in loss. At the time, Bitcoin was trading around $57,000. Since then, it has experienced a considerable rally, inching closer to the $70,000 price level. At the time of writing, Bitcoin is trading at $66,720. Featured image from Pexels, chart from TradingView

A crypto analyst has forecasted a massive price surge for Dogecoin (DOGE), predicting that the king of meme coins will hit a whopping $24 in the near term. While this price target may seem ambitious with Dogecoin currently trading below $1, the analyst has remained confident, indicating that a surge to this target would shock skeptics. Dogecoin Eyes $24 Price Target The Dogecoin price has been trading below $1 for years now, experiencing significant price fluctuations as it attempts to break out of key resistance levels and move past current bearish positions. In contrast to Shiba Inu (SHIB), its top meme coin competitor which has seen impressive gains recently, Dogecoin has experienced substantial price declines that have left a few investors no choice but to liquidate their holdings. Amidst this bearish trend, a crypto analyst, identified as ‘CEO’ on X (formerly Twitter) has rekindled optimism among Dogecoin community members with a new bullish prediction for the cryptocurrency. The analyst has shared what he describes as the “ultimate Dogecoin chart,” where he projects that the meme coin could reach $24 soon. In the Dogecoin chart, the analyst disclosed the cryptocurrency’s past price movements, highlighting two instances where the meme coin experienced prolonged bearish trends before breaking out into a massive price surge. Based on Dogecoin’s current price action it seems the meme coin is displaying similar historical conditions that suggest that a bull rally might be imminent. And according to the CEO, this potential bull rally could see DOGE hitting $24. Is A $24 Dogecoin Price Increase Possible? Given how lofty a $24 price for Dogecoin might seem, the CEO has acknowledged that many people would doubt such a bullish outcome. Nevertheless, he expressed strong confidence in this prediction, asserting that Dogecoin skeptics will be proven wrong when the meme coin reaches this milestone. With Dogecoin’s price presently trading at $0.13, it’s understandable why many investors would be skeptical of the meme coin reaching a $24 price target. Achieving this ambitious milestone would require the king of meme coins to surge approximately 18,362% from its current price — an extraordinary leap that would likely occur during periods of intense demand and bullish sentiments typically seen during strong bull markets. In addition to this, a $24 price surge for Dogecoin would also require its market capitalization to reach trillions of dollars. As of writing, Dogecoin’s market cap sits at $19.6 billion, meaning it would need to surpass Bitcoin’s market capitalization which is currently $1.3 trillion to hit this price level. Data from CoinMarketCap shows that the Dogecoin price has experienced a 6.41% decrease over the past seven days and another 4.37% decline in the last 24 hours. The cryptocurrency is currently trading at $0.134, with derivatives data from Coinglass showing that the meme coin’s open interest is down by 9.65% but also up by 24.2% in terms of trading volume. Featured image from Newsweek, chart from TradingView

Ethereum has experienced a sharp retrace, dropping over 13% since Monday and stirring concerns among investors who had anticipated a breakout. This sudden pullback, which took ETH as low as $2,380 on Friday, has injected a sense of worry into the market, leaving many to question the strength of its recent rally. However, on-chain data from Santiment reveals an intriguing development—whale activity in Ethereum surged to a six-week high just as the price dipped. This spike in large transactions suggests potential accumulation by whales, a pattern often viewed as a bullish signal when occurring near key support levels. Historically, significant whale buying during downturns hints at confidence in a future recovery, as these large holders tend to seek undervalued assets with high potential. The next few days will be critical for Ethereum as investors await signs of stabilization or further decline. A solid hold above recent lows could set the stage for a rebound, while a failure to maintain support may reinforce bearish sentiment. For now, all eyes remain on Ethereum’s price movements, as well as on whale behavior, which could provide insights into Ethereum’s direction in the near term. Ethereum Preparing For A Rally? Despite Ethereum’s recent price retracement, sentiment among investors and analysts remains bullish for the near future. According to key data from crypto analysis platform Santiment, Ethereum’s whale activity reached a six-week high as the price declined to $2,380 on Friday. Historically, such a spike in activity from whales—large stakeholders with substantial capital—signals accumulation. When whales begin to accumulate, it’s often an indicator of renewed confidence, suggesting these key players see long-term value at current prices. While an immediate price rebound isn’t guaranteed, this pattern is encouraging. Major accumulation phases typically happen in periods of price weakness or extended consolidation, laying the foundation for potential upward movement. Ethereum’s price action has been lackluster in recent months, with ETH struggling to break out despite occasional bullish sentiment. Some analysts suggest this may be due to heavy accumulation dynamics led by institutional or “smart money” investors who gradually increase their holdings during periods of low momentum. As whales increase their activity, it’s a potential sign that Ethereum is gearing up for a stronger move once accumulation is completed. With support from high-cap stakeholders, Ethereum’s price may eventually reflect this renewed confidence. For now, investors are closely watching for consolidation near key support levels, which could provide the basis for a breakout. If whale accumulation continues in the coming weeks, it could drive upward momentum, validating the long-term bullish outlook shared by many analysts and investors. ETH Price Action Ethereum is currently trading at $2,466 after a pullback from the $2,550 level, indicating a struggle to maintain bullish momentum. This retracement has brought ETH closer to its recent local lows but still within a sideways pattern, preserving a slightly bullish outlook as it hovers above key support areas. For Ethereum bulls to regain control, a push above $2,550 is critical. Breaking this level would signal renewed strength and allow ETH to target the 200-day exponential moving average (EMA) at $2,783. Achieving this would mark a new local high, potentially reinforcing bullish sentiment among investors. However, if Ethereum’s price fails to rise in the coming days, the likelihood of prolonged consolidation or even a deeper correction increases. Such a scenario would likely introduce additional bearish pressure, with ETH potentially revisiting previous support levels as traders reassess the market’s direction. For now, Ethereum’s price action is delicately balanced, with the $2,550 level and the 200-day EMA representing crucial milestones for bulls aiming to sustain an uptrend in the near term. Featured image from Dall-E, chart from TradingView

The Bitcoin price could see its price surging dramatically to $200,000, with the formation of a new Cup and Handle pattern. While the pioneer cryptocurrency has been slowly recovering from bearish trends to reach the $70,000 mark, a rally to $200,000 would mark a historical milestone and a new All-Time-High (ATH) for BTC. Technical Pattern Signals $200,000 Rally Ahead Popular crypto analyst, Mags has unveiled a new technical pattern in the Bitcoin price chart. According to his post on X (formerly Twitter), Bitcoin is currently forming “a massive cup and handle pattern,” indicating a potential for a major rally. Mags revealed that the Bitcoin price has just moved past the handle portion in the technical pattern, indicating a positive signal for a breakout that could start a bullish phase. As its name suggests, a Cup and Handle pattern is a key technical chart pattern that resembles a cup and handle. In this chart pattern, the cup is in the shape of a U and is considered a bullish signal, while the handle represents a slight downward drift, which indicates a potential buying opportunity to go long. Mags observed that since Bitcoin has just broken past the handle, the next level is to watch the “neckline” which serves as a resistance point. If Bitcoin can break through the neckline, it’s price could surge dramatically or like the analyst says “go vertical.” This bull rally could see Bitcoin’s price driving towards $200,000, marking a new all time high for the cryptocurrency. Currently, the price of Bitcoin is trading at $66,972, reflecting a slight 2.02% decrease in the past seven days, according to CoinMarketCap. While Mags has projected a $200,000 price increase for Bitcoin, the analyst has also forecasted even higher price targets in previous X posts, suggesting that a $200,000 price level may be conservative for the world’s first and largest cryptocurrency. Bitcoin Price Peak Set At $300,000 In another X post on October 24, Mags disclosed that Bitcoin is about to enter its price discovery, suggesting an imminent breakout to new levels. Price discovery is the process by which an asset’s true market value is determined, and for Bitcoin, it suggests when its price could reach fresh highs. Sharing a historical Bitcoin price chart, the analyst pinpointed instances where the cryptocurrency entered a price discovery before reaching a peak. In 2014, BTC hit a peak, then bottomed out in 2015 before reaching another price high in 2018. A similar price action occurred between 2019 and 2024, with BTC achieving a bottom in 2019 and peaking in 2021. Following this historical price trend, Mags indicated that Bitcoin hit its bottom in 2023 and is now about to enter its price discovery. Once the cryptocurrency does, it could signal a surge to a new all-time high, which Mags has set at an impressive $300,000.

Analysts said that Bitcoin prices could drop slightly in the short term as whale accumulation reached a new record high. Whale’s Bitcoin holdings have reached 670,000 BTC, the largest accumulation of the digital currency in history. Impact Of Whale Accumulation Crypto analysts said that one of the positive impacts of whales buying large volumes of Bitcoin is it helps stabilize the market. As a result, the crypto’s price could go down a little bit or become more stable. Reducing the volume of Bitcoin in the market could possibly make prices less susceptible to volatility. In previous whale accumulations, it was observed that BTC price usually behaves in a specific way, in which on most occasions, BTC goes flat or slightly decreases. This period of BTC accumulation could also signal that whales have no immediate intent to sell their digital assets. It might be an indicator that whales are looking at capitalizing on Bitcoin in the long term so the accumulation phase is a strategic move. Real Indicator Of Bitcoin Growth CryptoQuant said the whale accumulation could be seen as the ‘calm before the storm’ in the long term, saying that Bitcoin prices move sideways or experience a moderate fall during the accumulation phase. However, CryptoQuant noted that there is no doubt that in the long run, this is an ‘optimistic sign.’ The crypto analyst said that the ‘real’ growth in Bitcoin happened after the whales decided to dispose of their holdings and reached a negative percentage change value. According to CryptoQuant, Bitcoin’s price movement during the accumulation phase usually paved the way for significant growth in BTC. “Historically, after whales reduce their holdings and a negative percentage change is reached, a strong surge in Bitcoin prices often follows,” CoinNess Global said in a post. US Elections Could Be A Factor Analysts said that whale activity is a key driver in the crypto market, however, they said that a price shift in BTC does solely rely on whales since several factors have an impact on Bitcoin prices, and the US presidential election is one of them. Many Bitcoin analysts are looking ahead to the US national election, which could be a defining moment for the digital currency market. This is the presidential election wherein crypto-friendly policies have been a key part of the candidates’ political agendas. However, some investors are betting that no matter who wins the coveted seat in the White House, Bitcoin price will experience an upsurge and potentially hit $80,000 by November. Featured image from Harbor Breeze Cruises, chart from TradingView