Category Archives: Bitcoin

Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000

Crypto analyst Benjamin Cowen just lately mentioned the impression of the dying cross indicator, which has appeared once more on Bitcoin’s chart. Due to this indicator, the $62,000 worth stage has grow to be essential to Bitcoin avoiding one other worth crash.

Cowen famous in a video posted on his YouTube channel that Bitcoin is prone to dropping decrease if it fails to carry above $62,000 heading into the Loss of life Cross. Bitcoin had rallied to as excessive as $62,000 after recovering from its worth crash beneath $50,000 on August 5. The rise to $62,000 introduced in regards to the Loss of life Cross, which now threatens decrease costs for the flagship crypto.

The Loss of life Cross And Its Influence On Bitcoin’s Worth

The dying cross indicator is often thought-about bearish and suggests {that a} extended interval of declining costs could also be on the horizon for the asset in query. This dying cross happens when the 50-day transferring common drops beneath its 200-day transferring common. As Cowen revealed, Bitcoin’s 50-day transferring common is at the moment at round $62,000. 

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As such, Bitcoin should reclaim and maintain above the $62,000 worth stage quickly sufficient, or it dangers additional worth declines, with a drop beneath the psychological stage of $60,000 already in sight. The crypto analyst particularly drew comparisons to the Loss of life Cross, which occurred in 2019, to supply insights into what Bitcoin’s subsequent transfer is likely to be. 

He famous that the Loss of life Cross in 2019 marked an area prime for the flagship crypto, because it went on to file decrease highs after then, and its worth was bearish for about 4 months afterward. Nevertheless, Cowen admitted that issues may play out in another way this time, noting that indicators like these are inclined to play out in a “barely completely different manner” all through completely different cycle phases. 

The timing of this Loss of life Cross may additionally present perception into what would possibly occur subsequent for Bitcoin. Cowen famous that September is, on common, the worst month for Bitcoin, suggesting that the flagship crypto may undergo a downtrend that might lengthen into September.

It Boils Down To The Macro Facet

Cowen revealed that no matter occurs subsequent for Bitcoin will primarily rely upon exterior elements slightly than the prevailing situations within the crypto market. This contains macroeconomic elements like inflation and the labor market. Certainly, the macro facet is believed to be liable for the crypto crash on August 5 as fears a couple of recession heightened.

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The US Federal Reserve has to date held off on reducing rates of interest in a bid to convey inflation right down to its desired 2%. Nevertheless, their hesitation has led to projections that the US economic system may quickly enter a recession. 

The July US job reviews additionally confirmed that market contributors have trigger to be nervous because the unemployment charge was greater than anticipated. The macro facet considerably impacts Bitcoin and the crypto market as a result of it largely determines how a lot cash traders are prepared to put money into these threat property.

Bitcoin
BTC buying and selling at $60,625 on the 1D chart | Supply: BTCUSDT on Tradingview.com

Featured picture from iStock, chart from Tradingview.com

6 Best Cheap Crypto to Buy Under 1 Dollar, August 6 – Nervos Network, The Graph, Chiliz, ConstitutionDAO

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Regardless of yesterday’s gloomy market, there was a rise within the worth of some tokens immediately. These tokens stay within the limelight by means of their steady growth and strategic partnerships. Their efficiency and technical excellence have performed a major half in why we now have included them in our greatest low cost crypto to purchase underneath 1 greenback immediately. 

In the meantime, traders proceed to hunt cost-effective entry factors into the market amid the market restoration. Some traders want to safe promising crypto whereas their worth continues to be low. This text compiles a listing of cryptocurrencies that traders ought to watch. 

6 Finest Low cost Crypto To Purchase Below 1 Greenback

This evaluation offers precious insights to merchants attempting to guage the expansion potential of various tokens. A number of cryptocurrencies buying and selling under 1 greenback, together with Nervos Community, The Graph, Chiliz, and ConstitutionDAO, are at present experiencing upward tendencies, giving traders alternatives to enter the market.

99Bitcoin’s presale ended immediately because it prepares for its DEX itemizing. This announcement has seen a last-minute scramble of the token earlier than its worth explodes. The presale demonstrates a major milestone as the primary crypto training presale to generate over $2.6 million in presale. 

1. Nervos Community (CKB)

Nervos Community distinguishes itself as an revolutionary venture that gives a platform that allows safe peer-to-peer exercise for numerous blockchain purposes. It empowers customers with blockchain interoperability, superior knowledge storage options, asset issuance, good contracts, and dApps. The CBK mainnet, which launched in November 2019, launched a dual-layer structure, additional enhancing the community’s capabilities.

Moreover, Messari just lately revealed an in-depth evaluation of the Nervos Community, highlighting its pivotal position in enhancing Bitcoin’s technological capabilities. The report emphasizes Nervos’s use of its Layer-1 blockchain and the RGB++ protocol to handle scalability and programmability challenges throughout the Bitcoin ecosystem. By integrating RGB++, Nervos facilitates the deployment of good contracts and asset issuance instantly on Bitcoin’s blockchain, considerably increasing its performance.

Nervos Network price chart

In the meantime, the token employs a Proof-of-Work (PoW) consensus mechanism and helps the CKByte (CKB) cryptocurrency. This foundational layer ensures community safety and environment friendly useful resource allocation. In the meantime, the computation layer is answerable for executing transactions, working decentralized purposes (dApps), and facilitating good contracts.

CKB’s worth is at present $0.007534, marking a major 15.72% during the last 24 hours and a 47.33% surge year-to-date. The token demonstrates excessive liquidity, highlighted by its volume-to-market cap ratio. An RSI of 58 signifies potential sideways buying and selling. Nevertheless, traders stay optimistic that the token will preserve its stability because the month progresses.

2. The Graph (GRT)

Lately, TalentLayer efficiently built-in its subgraph into The Graph Community to reinforce decentralized entry to on-chain knowledge. TalentLayer is an revolutionary API and open protocol platform that serves as a bridge between a number of marketplaces. It additionally offers builders with the instruments wanted to construct numerous purposes, together with AI-driven recumbent agent platforms and freelance platforms. 

Regardless of the ripple impact of this growth carrying off, the GRT has managed to hold on to a major constructive outlook. Though The Graph noticed a portion of its worth eroded within the prevailing bearish market, it maintained a good 14% uptick within the final 24 hours. This constructive uptrend aligns with the anticipated bullish sentiment and favorable RSI, which factors to an overbought worth.

The Graph price chart

The Graph price chart

Consequently, the Worry and Greed Index rating has surged to 59, implying a rise in token exercise. Additionally, a better scrutiny of GRT’s market efficiency reveals constant development because it was launched. Notably, The Graph token trades properly above its 200-day easy transferring common. 

In the meantime, investor sentiment stays bullish concerning The Graph’s worth trajectory, supported by its buying and selling above the 200-day easy transferring common and substantial liquidity indicated by its market capitalization. GRT has demonstrated resilience, boasting a YTD surge of 30%. These components place The Graph as a compelling selection amongst cryptocurrencies for present funding.

General, The Graph token has displayed important development within the crypto market since its launch. The token has given early traders astronomical returns on funding by leveraging its robust group and distinctive technique. Based on analysts, the longer term outlook for The Graph token Is promising, given its strong efficiency and strategic integration throughout the crypto market.

3. 99Bitcoins (99BTC)

99Bitcoin’s presale ended immediately because it prepares for its DEX itemizing. This announcement has seen a last-minute scramble of the token earlier than its worth explodes. The presale demonstrates a major milestone as the primary crypto training presale to generate over $2.6 million in presale. 

Moreover, because the presale ends, the group has introduced that tokens shall be claimed on Thursday. This information has resulted in a robust incentive for traders to accumulate discounted 99BTC tokens earlier than the worth explodes. These tokens energy the Be taught-to-Earn platform, the place customers earn rewards for gaining data about cryptocurrencies.

New 10x Potential Crypto Presale 99Bitcoins - Flip $1k into $10k?!

In the meantime, the groundbreaking Be taught-to-Earn initiative encourages cryptocurrency fanatics to deepen their data, providing rewards to token holders. 99Bitcoins has additionally launched gamification into Bitcoin training, enriching the training course of. Contributors obtain greater rankings and earn $99BTC tokens by finishing challenges and academic modules.

99Bitcoins tweet

99Bitcoins tweet

Furthermore, the group initiated a giveaway on its platform, providing contributors an opportunity to win free Bitcoin from a considerable $99,999 BTC prize pool, which attracted over 5,000 entries. Furthermore, token holders will proceed to get pleasure from further advantages from holding 99Bitcoins tokens after its launch.

Go to 99Bitcoins Presale

4. Chiliz (CHZ)

The group behind the Chiliz venture just lately introduced a collaboration with Azuro. This strategic partnership is supposed to advertise the adoption of on-chain sports activities prediction markets. Additionally, the alliance seeks to offer customers the instruments to launch equitable and clear prediction apps. 

Moreover, The venture will allow customers to indicate their assist for his or her favourite groups and athletes from anyplace on the planet. Likewise, the strategic partnership with SBI Holdings, catering to thousands and thousands of customers, suggests an optimistic prospect for Chiliz. This collaboration demonstrates SBI’s dedication to strengthening Japan’s leisure and sports activities sectors.

Chiliz price chart

Chiliz price chart

Regardless of a slight dip in worth yesterday, the token has managed to maintain a bullish Investor sentiment. In addition to, Chiliz’s worth trajectory has shaped an attention-grabbing sample on its 50-day Easy Shifting Common. This constructive sample is supported by its buying and selling above the 200-day easy transferring common and an RSI that’s propelling it out of the overbought zone. 

In the meantime, the token demonstrates substantial liquidity, as evidenced by its strong market capitalization. Chiliz has demonstrated resilience, boasting a exceptional post-launch improve of 15.75% to achieve $0.05205. These components place Chiliz as a compelling selection amongst cryptocurrencies for present funding.

5. ConstitutionDAO (PEOPLE)

ConstitutionDAO was a singular crowdfunding effort initiated by a gaggle of Web3 fanatics to buy an unique copy of the U.S. Structure at a Sotheby’s public sale. Regardless of not successful the bid, the initiative paved the best way for the PEOPLE token, which has since remodeled right into a decentralized autonomous group (DAO) with important historic relevance. The PEOPLE token now represents a stake within the ConstitutionDAO group.

Furthermore, the community-centric strategy of the PEOPLE token has considerably pushed its worth upward since its inception.  

In the meantime, the token has exhibited a exceptional 21% improve over the day gone by and a formidable 1209% since its launch. The token’s speedy development and recognition may be attributed to viral advertising campaigns that includes Nicolas Cage memes, listings on main exchanges, and the assist of a passionate group.

ConstitutionDAO price chart

ConstitutionDAO price chart

At the moment, ConstitutionDAO is buying and selling across the $0.0528 mark and has persistently held its features over a chronic interval. Nevertheless, the query stays whether or not the token can proceed its upward momentum and obtain new highs within the second half of 2024. This constructive trajectory could possibly be sustained if bullish traders stay dominant regardless of potential promoting pressures from the broader cryptocurrency market over time.

Regardless of PEOPLE just lately buying and selling under its $0.07 assist degree and encountering difficulties in breaching this threshold over the previous few days, analysts anticipate a rebound for ConstitutionDAO. The token may doubtlessly surpass its all-time excessive with the bullish affect of Spot Bitcoin ETFs. Furthermore, the token’s current optimistic efficiency has boosted its attractiveness as a wonderful funding choice.

6. Shiba Shootout (SHIBASHOOT)

For those who’re an investor pondering of how to put money into tasks that will provide the highest return on funding, then it is best to look into Shiba Shootout. A key spotlight of Shiba Shootout is its “Posse Rewards” referral initiative. This scheme motivates customers to ask their acquaintances to change into a part of the group by providing progressively better rewards for every new member they refer. This strategy fosters a cooperative and fascinating ambiance.

Shiba Shootout New 10X Potential Meme Coin - NEXT SHIBA INU?!?!

“Campfire Story” classes are casual gatherings the place group members alternate their private experiences and insights in regards to the crypto and memecoin sectors. These classes foster networking, data sharing, and a strong sense of group amongst contributors. Tasks that nurture a devoted and engaged group continuously obtain greater success charges, as these loyal customers change into advocates and promoters, thereby boosting adoption and demand for the token.

Moreover, customers have the chance to win precious prizes by means of the “Fortunate Lasso Lottery” by staking their Shiba Shootout tokens. This characteristic creates pleasure and promotes energetic involvement. As extra contributors have interaction with the venture, aiming to safe notable rewards, the demand for $SHIBASHOOT is anticipated to extend, doubtlessly driving a major worth rise. The token is priced at $0.0198 immediately; traders ought to hurry as the worth will increase in 3 days. 

Go to Shiba Shootout Presale

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Bitcoin Bull Run: Analyst Identifies Where We Are In The Bull-Bear Cycle

A crypto analyst has make clear the present phases of Bitcoin’s bull-bear cycle, suggesting that the cryptocurrency could also be transferring previous a bear entice and preparing for substantial bullish rallies towards new highs. 

Was Bitcoin’s Sudden Crash A Bear Lure Or Shake Out? 

BTC’s worth is carefully approaching $62,000 after what some crypto analysts are calling probably the most dramatic bear traps. In an X (previously Twitter) put up on August 8, a crypto analyst recognized as ‘Sensei’ posed the query of whether or not Bitcoin’s current worth crash might have been a “shake out or bear entice.”

A shake-out here’s a basic time period used to explain a brief worth decline in a cryptocurrency geared toward forcing out weaker traders and pushing them to promote their holdings. In distinction, a bear entice happens when the worth of a crypto asset falls dramatically, inflicting traders to imagine that the bear market has begun. 

A BTC shake-out or a Bear entice | Supply: Sensei on X

Sensei has predicted that Bitcoin’s bear entice is ready to finish this weekend, implying that bearish sentiments could also be waning. Within the earlier weeks, BTC underwent a pointy worth decline, falling drastically beneath the $50,000 mark. The cryptocurrency had crashed by greater than 20%, primarily pushed by large-scale market liquidations

Shedding extra mild on Bitcoin’s bull-bear cycle part, crypto analyst, Michael van de Poppe disclosed that Bitcoin’s huge worth correction may finally result in the bear entice this cycle.  Poppe revealed that this worth decline might trigger widespread capitulation, wiping out a staggering $1.2 billion in investments affected by leveraged buying and selling. 

Then again, Sensei has been extremely bullish on Bitcoin’s future outlook for the previous months. He anticipates a robust bull run this yr, forecasting that BTC’s bullish momentum may begin as early as subsequent week. 

Bitcoin
BTC poised for main bull run | Supply: Sensei on X

The analyst has additionally shared a chart depicting Bitcoin fractal factors, indicating a possible for an enormous bull run this cycle. In accordance with the chart evaluation, BTC remains to be on the backside (early phases) of its bull run, underscoring the necessity for stronger worth fundamentals and higher stability to construct extra momentum. 

Analyst Predicts $72,000 Bullish Goal For Bitcoin 

In one other X put up on August 10, Sensei predicted that Bitcoin may surge as excessive as $72,000. Sharing a BTC worth chart that includes two upward development strains, the analyst indicated that present market traits and worth actions recommend that Bitcoin’s worth is prone to rise to new all-time highs

Bitcoin
BTC set to succeed in $72,000 | Supply: Sensei on X

On the time of writing, BTC is buying and selling at $60,741, marking a 1.32% decline over the previous seven days, in response to CoinMarketCap. Regardless of witnessing a decline in its 24-hour buying and selling quantity and its worth, the pioneer cryptocurrency has efficiently reclaimed the $60,000 mark, highlighting a possible for a worth restoration.

Bitcoin
BTC buying and selling at $60,669 on the 1D chart | Supply: BTCUSDT on Tradingview.com

Featured picture from iStock, chart from Tradingview.com

Consolidation Phase Starts As Token Movement Plateaus

After the market’s astonishing restoration, Solana (SOL) has entered one other consolidation section resulting in decrease volatility which supplies the bulls much-needed relaxation after capturing enormous good points. In line with Coingecko, the token is down a measly 2% prior to now 24 hours however remains to be within the inexperienced on the 30-day timeframe at over 9% good points.

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Though SOL gained so much throughout the market’s robust rebound, there was some information that has additionally affected the token’s motion, hampering development whereas shaking some buyers off of the token. 

Main Vulnerability Patched Quietly 

Simply final Thursday, a vulnerability was detected by the Solana Basis, main them to launch a fast patch that resolves the problem. In line with Solana validator Laine, the vulnerability was identified after members of the Solana Basis reached out to them, advising of an upcoming safety patch together with the date and identifier for the incident. 

After 24 hours, a patch was pushed by to GitHub making it accessible to stakers. It included the patch itself together with directions for verifying the downloaded information. All this occurred underneath strict confidentiality. 

Throughout the subsequent 24 hours a number of different core members reached out to substantiate readiness and reiterate the necessity for urgency and confidentiality,” Laine acknowledged on their X put up detailing the incident. 

Solana is at present buying and selling at $154. Chart: TradingView

This led to some members of the Solana group questioning the choice to maintain the incident hush-hush to the broader public which was solely after the incident.

“One other act of centralized management, by Solana. The hot button is to handle to contact sufficient stake to guard the community whereas retaining confidentiality. The ability to pick and get in touch with validators concentrates affect within the arms of only a few. This undermines the community’s decentralization, which is usually a blockchain’s fundamental protection mechanism towards censorship and collusion. What might cease you from doing this identical course of to introduce exploits into the blockchain too?” Dave, a commenter on the put up, stated criticizing the “centralized” determination of the devs and stakers. 

In mild of this, the official X account of Solana posted a “Letter to the Solana Ecosystem,” which appears to be in response to the general public announcement of the safety vulnerability and the following patch. The put up solely reiterates sure occasions inside Solana. 

Hampered Investor Confidence Leads To Slight Dip

The market will not be solely the issue that influences SOL’s worth. The center of the platform and the way it creates and builds worth affect this as properly. That is finest proven by the SOL’s present worth motion which displays the slight lack of confidence by buyers on Solana. 

Associated Studying

As of now, SOL bulls are nonetheless making an attempt to stabilize across the $147.93 and $159.83 worth vary the place they are going to stay till the worry, uncertainty, and doubt dies out. If they’re profitable in taking management of this worth vary, we’d see SOL at a better worth ground, probably reaching $186 within the coming months. 

Traders and merchants ought to monitor Solana’s communication channels to tell apart whether or not different buyers are nonetheless bullish on the platform. 

Featured picture from Mudrex, chart from TradingView

Best Meme Coins To Ad͏d͏ ͏To Y͏ou͏r Po͏rtfoli͏o ͏Now, ͏Tuesda͏y, Aug͏ust 06 – Ponke, Br͏et͏t (Bas͏ed), The M͏e͏me Games, Do͏gwifhat

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Within the quest͏ for the finest m͏eme͏ coin͏, pr͏ojects like͏ The͏ M͏eme Video games are intr͏oducing i͏nnovati͏ve ideas ͏th͏at bl͏finish comp͏etition͏ and gamificat͏ion͏. ͏Do͏gwifh͏at ($W͏I͏F) h͏as emerged as a st͏rong ͏contender, b͏uilt͏ on So͏l͏ana ͏and garneri͏ng att͏e͏ntion fro͏m ma͏j͏or ͏cryptocu͏r͏rency exchanges͏. ͏These dev͏elop͏ments spotlight͏ the develop͏i͏ng sophistica͏t͏ion and ͏di͏vers͏ification withi͏n ͏the me͏m͏e coin s͏pac͏e͏,͏ a͏s p͏rojects stri͏ve to͏ supply extra t͏han simply nov͏e͏lty.

Market respons͏e to ͏thes͏e ͏mem͏e c͏o͏ins͏ h͏as been͏ gener͏a͏l͏ly positi͏ve, with sig͏nif͏ic͏ant pri͏ce i͏ncreas͏e͏s ͏obser͏ved a͏cross th͏e boar͏d. Ho͏we͏ver, ͏it’s͏ imp͏ortant to no͏te͏ th͏at ͏meme͏ co͏ins͏ re͏predominant ͏extremely v͏ola͏til͏e and s͏p͏eculative inve͏stments͏ within the cryp͏to͏currenc͏y͏ market. ͏Because the sector ͏matu͏res, ͏we may even see͏ a shift towards͏s projec͏ts that of͏fe͏r extra ͏u͏ti͏lity͏ ͏and long-͏time period worth ͏propositio͏ns. 

Greatest Meme ͏Co͏ins To Add ͏To Your͏ Portfolio N͏ow

PONKE ͏has change into a sensation in͏ the mem͏e coin ͏ecosystem, ͏attra͏cting ͏make investments͏ors with a 24-h͏our͏ tra͏ding v͏olume reaching an imp͏re͏ssive $60 ͏million. Br͏ett (B͏ased͏) stand͏s out within the meme coi͏n͏ landsc͏ape b͏y cleverly a͏ss͏ociat͏ing itself with͏ the favored PEP͏E me͏me. What units Bre͏tt aside ͏is͏ its commitm͏e͏nt to real-wo͏rl͏d͏ ͏affect, d͏emonstrate͏d via w͏a͏t͏er ͏we͏ll p͏rojec͏ts in v͏unwell͏ages͏ and pa͏rtnershi͏ps i͏n th͏e sports activities world. 

͏The Meme ͏Video games͏ introduces a novel idea by mer͏ging the͏ exc͏itement ͏o͏f m͏eme͏ cash wit͏h͏ t͏h͏e ͏co͏mpetitive spirit of͏ the Olympics. This innovati͏ve͏ ͏a͏pp͏roach o͏ffers͏ pa͏rticipan͏t͏s th͏e likelihood ͏to have interaction with their͏ fav͏o͏ceremony͏ m͏em͏e charact͏ers in ͏a gamifie͏d surroundings. Dogwifhat has ͏eme͏rged as a s͏tandout ͏pl͏aye͏r ͏within the meme ͏co͏in ͏area, providing ͏mo͏re than only a playf͏ul i͏m͏ag͏e of a do͏g sporting ͏a hat. 

1. P͏ONKE͏ ($PONKE) 

Po͏nke, the lates͏t sensation ͏within the S͏o͏lana͏ meme coi͏n universe, ha͏s ca͏ptur͏e͏d t͏he c͏rypto group’s consideration ͏with ͏its uniq͏ue͏ ͏per͏sona.͏ Thi͏s digital ͏asset͏ embodies ͏a deg͏ener͏ate gambler ͏with anger points, but pa͏ra͏doxic͏ally claims t͏o͏ have n͏umerous pals. Regardless of͏ it͏s ͏vo͏latile temperament͏, Pon͏ke ͏in͏sis͏ts it’s a͏ good mon͏key a͏t coronary heart, add͏ing ͏a layer of͏ compl͏exity ͏to its c͏harac͏ter.

Constructed on ͏th͏e strong So͏lana bl͏ockchain, Ponk͏e lev͏erage͏s ͏the networ͏okay’͏s ͏hello͏gh-speed tra͏nsac͏tions and͏ low fe͏es. This ͏tec͏hnological͏ ͏fo͏unda͏tion ͏permits ͏P͏o͏nke to off͏er ͏seamless tr͏adin͏g experi͏e͏nc͏es to its gr͏owin͏g͏ use͏r ba͏s͏e. The cho͏ice of Solan͏a as͏ i͏ts͏ residence blockch͏a͏in ͏ali͏gns w͏i͏th the community͏’s͏ rising reputation͏ within the meme͏ ͏coin s͏ector.

Ponke price chart

Re͏cen͏t developme͏nts h͏ave thr͏ust P͏onke͏ ͏int͏o ͏t͏he spot͏l͏ight, with its͏ 24-͏hour trad͏ing ͏v͏olume hitti͏ng͏ a͏n i͏mpressive $6͏0 mi͏llion. I͏n a outstanding͏ ͏flip͏ of occasion͏s, ͏Ponke has surpassed es͏tab͏lished ͏meme ͏coin͏s lik͏e $͏BOME͏, $MUMU͏, an͏d $͏WI͏F ͏in da͏i͏ly buying and selling͏ ͏v͏olume on Rayd͏ium. This su͏rge in activ͏ity alerts rising inte͏res͏t ͏an͏d a͏dopti͏on a͏mong crypto merchants.

Pon͏ke͏’s rise ha͏sn͏’t gone unnoticed by ma͏j͏o͏r cryptocu͏r͏rency exchan͏ges.͏ The to͏ken has secured listings on se͏veral ͏outstanding platfo͏rms, ͏i͏ncluding͏ Bybit͏, O͏KX, ͏Crypto.͏com, Gate.io͏, HT͏X, and Bitget. Add͏itional͏ companions͏hips͏ wit͏h W͏oox, Pol͏oniex, B͏itMa͏rt, LBan͏okay,͏ Bit͏rue,͏ and M͏EXC have additional expanded Ponke’s attain ͏and l͏iqui͏dity.

The ͏mar͏okay͏et͏ has r͏es͏pond͏ed ͏positi͏vely t͏o ͏Pon͏ke͏’s gr͏owing͏ presence, wi͏th its value presently sitt͏ing͏ at $͏0.35͏62. This͏ r͏epr͏ese͏nt͏s a s͏i͏gn͏ifi͏cant 35͏.73% incre͏ase, re͏flecting ͏the token’s surging͏ ͏po͏pularity amongst͏ ͏tra͏der͏s. Such pr͏i͏ce mov͏em͏en͏t͏,͏ whereas ͏thrilling, a͏lso und͏erscores the unstable nature of meme cash͏ i͏n the crypto͏ market.

2. Bret͏t (Based mostly) ͏($BRETT͏) 

Br͏ett, affectionately͏ identified ͏as Based mostly B͏rett,͏ has em͏er͏ged as͏ PEPE’͏s b͏est fri͏finish on the BASE blockcha͏i͏n.͏ ͏T͏his ico͏nic c͏hara͏cter, o͏riginally͏ f͏ro͏m Matt Furie͏’s Bo͏y͏s’ Cl͏u͏b comedian, has change into͏ a cultural phenomenon i͏n t͏he͏ crypto w͏orld. Now͏ re͏i͏magine͏d as ͏a fa͏n͏ tribu͏te, Brett’s blu͏e hue͏ good͏ly aligns with͏ BASE’s aesthetic, mak͏ing h͏i͏m͏ the unofficial ma͏sco͏t of͏ this inno͏vative blockc͏hain.

͏The technol͏ogy pow͏ering Brett’s͏ ͏d͏igital exi͏stence͏ is the B͏ASE͏ Chain, a c͏utting-edge block͏ch͏ain͏ platform. B͏ASE Cha͏in͏ provides enh͏a͏nced͏ scala͏b͏ility and effectivity, p͏ro͏v͏i͏ding ͏a rob͏ust͏ ͏basis ͏for Br͏ett’s͏ eco͏system.͏ This techn͏ological spine e͏ns͏u͏res clean trans͏act͏ions͏ and ͏interac͏tions for Bret͏t’s gr͏owing communi͏ty of sup͏porte͏rs͏.

Brett price chart

Brett price chart

Latest͏ developments have͏ present͏cased Brett’s dedication to r͏ea͏l͏-͏w͏orld affect and sports activities͏ partnership͏s͏. T͏he p͏roje͏c͏t has complet͏ed its͏ thi͏rd͏ water nicely in ͏Labode Village, a part of͏ a lar͏g͏er ͏ini͏tiativ͏e͏ to ͏supp͏or͏t͏ fiv͏e village͏s͏. Moreover͏, B͏ret͏t has entered the world of Braz͏ilian ra͏cing, p͏artnerin͏g with a high NASCAR Brazil dri͏ver for the present se͏ason͏.

B͏r͏ett’s ͏in͏fluence͏ extends be͏yon͏d the d͏igital realm th͏r͏o͏u͏gh strateg͏i͏c pa͏r͏tnersh͏ips w͏ith maj͏or crypt͏o e͏xchanges. Coll͏aborations w͏i͏th Byb͏it, Kucoin, ͏B͏ithumb͏,͏ and numero͏us oth͏er pl͏atforms͏ ͏have significan͏tly increase͏e͏d Brett’s r͏every ͏and ͏accessibilit͏y. These half͏ner͏s͏hips p͏lay a cru͏cial͏ function in e͏nsuring t͏he venture͏’s lengthy͏-term͏ ͏by way of͏b͏ilit͏y and potentia͏l f͏or ͏progress.

The͏ market has responde͏d pos͏iti͏vel͏y to Bret͏t’s init͏iatives a͏nd partnerships͏. Currentl͏y tr͏ading at ͏$0.͏09713, the tok͏en has s͏een an impr͏essive 33.20% improve. This upward pattern r͏eflects ͏develop͏ing inves͏to͏r ͏co͏nfidenc͏e an͏d curiosity i͏n ͏Br͏ett͏’͏s distinctive ͏p͏o͏sition withi͏n the͏ ͏BASE ecosy͏stem.

3. Meme G͏a͏mes ($MGMES) 

The Mem͏e Video games ͏is ͏a groundbreak͏in͏g venture that comb͏in͏es the competi͏tiv͏e͏ ͏spiri͏t of the ͏Olym͏pics wi͏t͏h͏ the͏ vibrant wor͏ld͏ ͏of meme cash. I͏t’s the f͏irs͏t-ever cr͏y͏pto ͏mem͏e coi͏n olympics, whe͏re m͏eme ͏coin en͏thusiasm ͏meets the ͏e͏xcitemen͏t of the ͏202͏4 Olymp͏ics͏. P͏articipants ca͏n͏ cho͏o͏se th͏eir favor͏i͏te meme cha͏ra͏cter an͏d watch them compet͏e for gold, ͏probably multiplyin͏g their ho͏ldings within the p͏ro͏ce͏ss.

Latest Crypto News Reveals Major Opportunity In Top Meme Coins!

On the he͏artwork͏ of The Mem͏e͏ G͏ames is the $MGM͏ES͏ t͏oke͏n, which se͏rves as a ͏ticke͏t to glory i͏n this distinctive comp͏etit͏ion. The proj͏ect͏ lever͏ages gamificatio͏n ͏te͏c͏hnology͏ to crea͏te an e͏ngagi͏ng͏ and work together͏ive experi͏ence for half͏icipa͏n͏ts. T͏his in͏novative strategy goals͏ to convey a brand new͏ stage͏ o͏f pleasure͏ to ͏the͏ mem͏e c͏o͏in spa͏ce.

Latest͏ developments ha͏ve seen 69 p͏eopl͏e win a 25% b͏onus b͏y͏ selecting $PE͏PE in th͏e Me͏me͏ Video games compet͏ition͏. ͏The venture of͏f͏er͏s ͏individuals͏ the͏ likelihood to decide on ͏fro͏m 5 ͏meme icons, with the ͏pot͏e͏n͏tial to e͏arn a ͏25% bonus on their $MGMES buy ͏if t͏h͏eir c͏hosen character͏ w͏in͏s th͏e͏ ͏race. Th͏is eleme͏nt of chanc͏e and technique a͏dd͏s an ͏further layer͏ of e͏x͏citement to the͏ sport.͏

The Me͏me Video games is presently in its presa͏le pha͏se, ͏wit͏h tok͏ens ͏buying and selling ͏at $0.0͏0915. The p͏resale͏ has͏ alread͏y increase͏d $3͏4͏0,5͏97.88 ou͏t of a $͏1,017,489 tar͏get, indicatin͏g sturdy͏ in͏terest from early ͏traders. As ͏the professional͏je͏ct strikes͏ ahead, pa͏rt͏nerships are se͏t to pla͏y͏ a c͏ruci͏al ͏function in ͏i͏ts ͏nex͏t͏ part of͏ deve͏lopmen͏t.

Go to The Meme Video games Presale 

4. Dogwi͏fhat (͏$WIF) 

͏D͏og͏wifha͏t, have an effect on͏ionatel͏y often known as $WIF͏,͏ has͏ tak͏en th͏e crypto world ͏by st͏orm with its playful but profo͏und conc͏ept͏. Mor͏e tha͏n only a mem͏e of͏ ͏a canine sporting ͏a hat, it͏ r͏e͏presents a͏ f͏orw͏ard-thin͏kin͏g strategy to d͏igi͏tal f͏inance.͏ $WIF stan͏ds͏ as a beacon for inn͏o͏vators and͏ v͏isiona͏r͏ie͏s who ͏see beyo͏nd t͏he floor, embracing the͏ po͏te͏ntia͏l for revolutio͏na͏r͏y͏ chan͏ge on the earth͏ ͏of͏ cryp͏to͏cur͏renc͏ies͏.

Constructed on t͏h͏e͏ lightning-fast Sol͏ana bl͏ockc͏hain, $WIF leverages cutting-edge tec͏hnology to supply pace͏y and͏ ef͏f͏icient͏ tran͏sactions͏. This te͏chn͏ol͏ogical f͏oundation͏ po͏sitions $WIF as a severe c͏onte͏nd͏er within the evolving lands͏cape of digital belongings. The cho͏ice of S͏olana ͏as i͏ts ͏u͏n͏derlyin͏g͏ platform speaks t͏o t͏he professional͏ject͏’s͏ dedication to ͏scal͏abili͏ty ͏a͏nd performanc͏e͏.

Dogwifhat price chart

Dogwifhat price chart

$͏WIF ha͏s cau͏g͏ht͏ t͏he ͏a͏ttenti͏on of͏ main pla͏yers͏ in ͏the cryptocurrency e͏xchange market. ͏P͏artnershi͏p͏s with business giants like Bina͏nce,͏ ͏BYDFi, ͏ZOOM͏EX, OKX, and Bybi͏t have ͏si͏gn͏ific͏antl͏y ͏boosted i͏t͏s visibility and ͏accessibil͏it͏y.͏ The͏se collab͏orations have ͏ope͏ned u͏p new aven͏ue͏s fo͏r tra͏ders and make investments͏or͏s to engag͏e with $WIF,͏ ͏f͏ueling i͏t͏s growi͏ng reputation.

͏The market has responded enthu͏s͏ia͏sti͏cally to $WI͏F’͏s uniq͏ue ͏propo͏s͏i͏ti͏on and͏ ͏strategic pa͏r͏tner͏sh͏ips.͏ Present͏l͏y͏ buying and selling at $1.͏42͏,͏ the token has seen an͏ impres͏sive 17.81% improve ͏in ͏v͏alue. This upwar͏d trajec͏tory ͏r͏eflec͏ts g͏rowin͏g i͏nv͏e͏st͏or co͏nfidenc͏e and curiosity within the ͏p͏r͏oject’s͏ po͏ten͏tia͏l. The pr͏ice m͏ovem͏ent͏ sug͏g͏ests that $͏W͏IF is gaining͏ tract͏ion͏ as mor͏e͏ ͏t͏han ͏j͏ust one other meme coin.

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Crypto Analyst Predicts Dogecoin Price Will Hit $1 If This Happens

A crypto analyst has predicted a serious bullish outlook for fashionable doggy themed meme coin, Dogecoin (DOGE). The analyst has shared compelling the explanation why he believes Dogecoin may surge as excessive as $1 quickly.  

Dogecoin’s Bullish Path To $1

In an X (previously Twitter) put up on August 9, a crypto analyst recognized as ‘Cryptorphic’ disclosed that Dogecoin has the potential to extend its worth by tenfold. Basing his bullish sentiment on a number of technical and market components, the analyst foresees Dogecoin hitting practically $1 sooner or later.

Cryptorphic defined that since February 2021, Dogecoin has been buying and selling inside an outlined long run accumulation channel. Nonetheless it broke out of this vary in February 2024, and is at present retesting this essential degree. This breakout vary is taken into account a robust bullish sign, suggesting that if Dogecoin’s value holds regular, it may result in additional upward momentum. 

Sharing a chart depicting Dogecoin’s value actions from 2021 to 2025, the crypto analyst famous that the meme coin was printing a robust weekly Doji candle. This distinctive technical indicator indicators substantial shopping for stress and is commonly interpreted as an indication of a possible value reversal and uptrend. 

One more reason why Cryptorphic believes Dogecoin may hit nearly $1 quickly is because of the potential for SpaceX and Tesla Chief Govt Officer (CEO), Elon Musk’s affect. Contemplating, Musk’s help has traditionally pushed important value actions for Dogecoin, the analyst speculates that the Tesla CEO would possibly converse favorably on the meme coin following the United States (US) Presidential elections in November.  

Moreover, Cryptorphic factors out that Dogecoin’s value is at present buying and selling above the 200-day Exponential Transferring Common (EMA), and battling to remain above the 100-day EMA. Sometimes, buying and selling above these ranges is perceived as a bullish indicator for a cryptocurrency.

Doge is at present buying and selling at $0.104. Chart: TradingView

Furthermore, Dogecoin’s Relative Energy Index (RSI) is at present under 45, suggesting that the favored meme coin is overbought, and indicating that there was extra room for potential development sooner or later. 

Cryptorphic additional famous that typically, meme cash out there have been outperforming extra strong crypto initiatives and skyrocketing in worth. With Dogecoin being probably the most fashionable cryptocurrencies and largest meme coin by market capitalization, he predicts that DOGE might lead the cost within the subsequent bull run. 

The crypto analyst concluded his Dogecoin evaluation by highlighting that a number of key technical indicators are presently signaling an upcoming bullish transfer, reinforcing his prediction that DOGE is poised to rise near $1.  

The Analyst’s Dogecoin HODLing Technique

Throughout his put up, Cryptorphic revealed his HODLing technique for Dogecoin, underscoring his perception and confidence that the meme-based cryptocurrency is poised to witness a big value improve. The analyst disclosed that he plans to maintain DOGE for the following six months, with a key set off level being a weekly shut above $0.5. 

At the moment, Dogecoin is buying and selling at a value of $0.10, reflecting a steep decline of 8.46% over the previous week, in line with CoinMarketCap. 

Featured picture from CNBC, chart from TradingView

Cardano Eyes $0.3389: Can Bulls Sustain ADA Above This Critical Level?

Cardano (ADA) is approaching a important juncture because it eyes a retest of the important thing $0.3389 assist stage. In latest buying and selling periods, ADA‘s value has beforehand risen above this stage and is presently dropping for a second retest thereby elevating considerations amongst traders and merchants.  

A profitable protection of the $0.3389 assist may sign a possible reversal and renewed bullish momentum, whereas a breach beneath this stage might open the door to additional declines. This text goals to investigate the importance of the $0.3389 assist stage for Cardano and whether or not bullish momentum can maintain ADA above this key threshold by analyzing technical indicators and market sentiment.

With a market capitalization of over $12 billion and a buying and selling quantity of over $240 million, ADA’s value was down by 0.69% buying and selling at round $0.3462 on the time of writing. Over the previous 24 hours, its market cap has decreased by 0.68%, whereas its buying and selling quantity has fallen by 26.44%.

Present Technical Indicators: What They Reveal About Cardano

On the 4-hour chart, Cardano is buying and selling beneath the 100-day Easy Transferring Common (SMA) and is presently experiencing a bearish development towards the $0.3389 mark. Given this bearish sentiment, it’s seemingly that the bears may proceed to exert management and push the value towards this important stage.

A 4-hour Composite Development Oscillator evaluation reveals that each the sign line and the SMA line of the indicator have efficiently climbed above the zero line and are actually approaching the overbought zone This means that the present drop might be non permanent and that the bulls might reclaim management on the $0.3389 mark.

On the 1-day chart, Cardano remains to be buying and selling beneath the 100-day SMA and it’s trying a bearish transfer towards the $0.3389, which implies that the bears are presently in management and will doubtlessly push the value decrease.

Cardano

Lastly, on the 1-day chart, each the sign line and the SMA line of the composite development oscillator have dropped beneath the zero line into the oversold zone. This means that ADA’s value may reverse upon reaching the $0.3389 mark.

Evaluation: Potential Outcomes If $0.3389 Assist Holds Or Fails

An evaluation of potential outcomes signifies that if the value of Cardano reaches the $0.3389 assist mark and this key stage holds, it may begin to rise towards the $0.4233 resistance stage. If the value efficiently breaches this resistance, it might proceed to check larger ranges.

Nevertheless, ought to the $0.3389 mark fail to carry and the value break beneath this stage, the digital asset might proceed to maneuver downward towards the $0.2388 vary. If this stage is breached, the crypto asset might expertise extra value drops towards different assist marks beneath.

Cardano

Arthur Hayes Says Crypto Crash Isn’t Over, Sees Second Wave Coming As “TradFi Over-Leveraged Muppets’’ Surface

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BitMEX co-founder Arthur Hayes mentioned the crypto market crash isn’t over but and warned of an impending second wave as “TradFi over-leveraged muppets” begin to floor.

If there’s going to be a bailout, the market “must ship extra ache by Fri,” he wrote in an Aug. 6 submit on X. “Benefit from the respite for the struggle shall proceed,” he warned.

1,000+ Bitcoin Ethereum Stock Photos, Pictures & Royalty-Free Images - iStock | Bitcoin ethereum litecoin

BTC And ETH Unable To Erase Weekly Losses

The warning from Arthur Hayes comes as markets recuperate from a battering on Monday. The Nikkei 225 index soared greater than 10% within the final 24 hours after it fell 12% throughout yesterday’s buying and selling session.

Equally, the crypto market cap rose over 9% to about $1.9 trillion previously 24 hours.

Crypto market leaders Bitcoin (BTC) and Ethereum (ETH) have been in a position to climb greater than 9% and 12%, respectively, within the final 24 hours. ETH bounced again after a 7-month low yesterday, whereas the flagship crypto reclaimed the $55K help after briefly falling under $50K on August 5.

Nonetheless, BTC and ETH’s features weren’t sufficient to push their weekly performances out of the crimson. Bitcoin’s value was nonetheless down over 16% on the longer-term timeframe, whereas Ethereum was down greater than 24% over the previous 7 days.

ARK Make investments CEO Simply As Cautious As Arthur Hayes

Arthur Hayes shouldn’t be the one influential determine warning about danger within the markets after yesterday’s massacre. Ark Make investments CEO Cathie Wooden famous in an Aug. 6 thread on X that the Fairness Volatility Index (VIX) not too long ago shot as much as 65, its fourth-highest degree in 40 years.

Wooden mentioned that the one durations the index has been greater have been throughout Black Monday in October 1987, the collapse of Lehman Brothers in 2008, and when COVID hit in 2020.

The excessive VIX studying signifies buyers anticipate excessive volatility within the coming 30 days.

Wanting For Protected Havens Amid The Turbulence

Presale meme cash that aren’t but on the mercy of the open market could possibly be one possibility for crypto buyers searching for shelter from this potential storm. 

Amongst analyst favorites proper now are the layer-2 meme coin Pepe Unchained (PEPU), Base chain token Base Dawgz (DAWGZ) and the P2E undertaking PlayDoge (PLAY).

PEPU has already raised greater than $7.4 million and is providing presale consumers a 267% APY, whereas PLAY has moved to inside a whisker of $6 million raised because it revitalizes the viral Tamagotchi sport that was a 90s sensation.

Base Dawgz goals to problem the dominance of the meme coin Brett on the Base blockchain and is providing buyers at this early stage a 956% annual return in the event that they stake their tokens.

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Dogecoin Bulls Show Strength As DOGE Path Toward $0.1144 Solidifies

As bearish momentum intensifies, Dogecoin (DOGE) is dealing with rising upward strain, with latest market developments suggesting a possible improve towards the $0.1144 mark. The value motion displays a continued bullish power, favoring the bulls and elevating considerations about additional good points. Technical indicators and market circumstances level to a rising probability of an increase, focusing on the $0.1144 key resistance degree.

This text gives a complete evaluation of Dogecoin’s present bullish pattern and the probability of a value improve towards the $0.144 degree by analyzing the present market sentiment and key technical indicators pointing to a possible improve.

The value of DOGE has decreased by 0.30%, buying and selling at about $0.1047 within the final 24 hours, with a market capitalization of greater than $15 billion and a buying and selling quantity of greater than $531 million as of the time of writing. DOGE’s market cap and buying and selling quantity had been additionally down by 0.31% and 32.96% respectively.

Technical Indicators: Analyzing Alerts Pointing To A $0.09 Decline

At present, the worth of Dogecoin on the 4-hour chart has been on a bullish transfer advancing above the 100-day Easy Transferring Common (SMA) towards the $0.1144 mark. Since breaching this key resistance degree, the digital asset has skilled a constant upward pattern, suggesting that bulls are taking management and will additional drive the worth greater.

DOGE rises above the 4-hour SMA | Supply: DOGEUSDT on Tradingview.com

Moreover, an evaluation of the 4-hour Relative Power Index (RSI) exhibits that the sign line of the indicator has efficiently risen above 50% and is at present heading to 60%, suggesting that purchasing strain is rising and the asset may expertise additional upward motion.

On the 1-day chart, though Dogecoin continues to be buying and selling under the 100-day SMA, the worth is at present making an attempt a bullish transfer towards the $0.1144 resistance degree, which implies that the bulls are nonetheless in management and will doubtlessly push the worth greater.

Dogecoin
DOGE heading to $0.1144 on the 1D chart | Supply: DOGEUSDT on Tradingview.com

Lastly, on the 1-day chart, the RSI sign line has climbed greater than 40% from the oversold zone and is at present approaching 50%, indicating rising bullish momentum for the cryptocurrency.

Potential Situations: What Occurs If Dogecoin Reaches $0.1144?

As Dogecoin’s bullish sentiment continues to develop, it’s anticipated to method the subsequent key resistance degree at $0.1144. Ought to the worth break and shut above this degree, it might proceed its bullish transfer towards the subsequent resistance level at $0.1293 and doubtlessly advance to even greater areas.

Nonetheless, if DOGE encounters resistance on the $0.1144 mark and experiences a rejection, it might begin to decline towards the $0.0914 degree. On any account the worth break under this help vary, it might sign an extra bearish transfer, resulting in further declines in the direction of the $0.0745 degree and past.

Dogecoin
DOGE buying and selling at $0.10449 on the 1D chart | Supply: DOGEUSDT on Tradingview.com

Featured picture from iStock, chart from Tradingview.com

Bitcoin Set For Critical Price Resistance Encounter

Semilore Faleti is a cryptocurrency author specialised within the subject of journalism and content material creation. Whereas he began out writing on a number of topics, Semilore quickly discovered a knack for cracking down on the complexities and intricacies within the intriguing world of blockchains and cryptocurrency.

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Whether or not by means of his meticulous reporting at NewsBTC or his fervent promotion of equity and fairness, Semilore continues to tell, educate, and encourage his viewers, striving for a extra clear and inclusive monetary future.