The price of the native otken of the XRP Ledger, XRP, has been underperforming the wider cryptocurrency market over the last few months, having dropped around 15.6% so far this year while Bitcoin moved up 57% in the same period. A popular pseudonymous cryptocurrency analyst, however, suggested that the price […]
Category: Altcoin News
Bet Solana-based Memecoin GME Goes Wrong: Trader Capitulates After $122,000 Loss in SOL
A cryptocurrency trader has sold their $GME, a memecoin that saw its price explode on the Solana blockchain after a meme stock frenzy surrounding GameStop resurfaced earlier this month, for a loss of over $122,000 after capitulating. According to data shared by on-chain analysis service Lookonchain, the cryptocurrency trader sold […]
Exit Liquidity? 80% of Binance’s New Tokens Lost Value Despite Market Rally
Investors purchasing the latest cryptocurrency listings on the leading cryptocurrency exchange Binance over the last six months would be down by over 18% in the last six months, despite a wide cryptocurrency market rally over that period, as over 80% of these tokens saw their values drop after listing. According […]
XRP Price Set to Explode? Analyst Sees Potential 3,000% Surge to Over $18 on Horizon
A popular cryptocurrency analyst has recently presented a bullish case for the native token of the XRP Ledger, XRP, suggesting suggesting a significant price increase is on the horizon. The analysis, based on a review of the XRP/USD chart on a monthly timeframe sourced from Binance, highlights a prominent “bull […]
Solana Trader Turns $1,470 into $200,000 in Five-Minute Crypto Windfall
Crypto Staking Yields Tumble for ETH, ADA, SOL and More Despite $1 Trillion Market Boom
The revenue cryptocurrency users can get for staking some of the most popular digital assets has dropping significantly over the past year, with the yield earned for staking Ethereum ($ETH), for example, plunging from over 5% to around 3.18% at the time of writing. That’s according to data from CCData […]
Investors Bet on Solana as SOL Investment Products Lead Altcoin Inflows, Data Shows
Cryptocurrency investment products saw inflows of $130 million over the past week, with Solana ($SOL) leading institutional investment among the altcoins it’s possible to get exposure to via these products. According to CoinShares’ latest Digital Asset Fund Flows weekly, investment products offering exposure to the flagship cryptocurrency Bitcoin saw inflows […]
Ripple Sells $75 Million Worth of XRP Amid Market Downturn, Data Shows
Shiba Inu’s Adoption Soars: Meme Coin Now Accepted at Major Retailers with CoinGate Integration
The popular meme-inspired cryptocurrency Shiba Inu ($SHIB) has recently taken a new step towards broader adoption after its integration with CoinGate, a Lithuanian blockchain payment processor, added support for it on Polygon and the BNB Chain. According to a post from CoinGate on social media, the meme-inspired cryptocurrency can now […]
Cardano ($ADA) Price Could Surge Over 1,500% in Near Future, Analyst Says
A popular cryptocurrency analyst known as Javon Marks on the microblogging platform X (formerly known as Twitter), has recently suggested that the price of the native token of smart contract platform Cardano ($ADA) could surge over 1.500% in the near future. In a post shared with their nearly 40.000 followers, […]