Author: bitcrypto.io
… Will Start Outperforming About The Time We Are Now As meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) rally, analysts are predicting a potential “altcoin season,” hinting at a shift in cryptocurrency market dynamics. What Happened: While Bitcoin has been outperforming smaller tokens, analysts think that the recent market movements suggest this trend could soon change, reported CoinDesk. Analysts from K33 Research noted that historically, altcoins started outperforming around this time. The “tremendous” rally in meme coins like Dogecoin and Shiba Inu could be a “possible early sign” of an altcoin season ahead, they added. “Judging by history, altcoins will…
Currently, investors are running against time to seize the opportunity to buy the native PLX tokens at $0.14, before the curtains are drawn ahead of its official launch and debut on top-tier exchanges, including BitMart. In the midst of market fluctuations, Polygon (MATIC), a top crypto coin, made a notable 12.69% surge in an attempt to surpass the $1 price mark. Similarly, Avalanche (AVAX) strives for a bullish recovery after experiencing a dip from a weekly peak of $43.27. Meanwhile, Pullix (PLX), a new market entrant, is attracting enormous attention as it advances through its 8th and final stage of…
In 2023, decentralised finance (DeFi) experienced a significant boom, notably with platforms like Polygon (MATIC) gaining substantial traction. However, the landscape shifted in 2024 with the emergence of a new contender: Retik Finance (RETIK). Unlike its predecessors, Retik Finance has quickly gained attention by showcasing a remarkable 400% price increase during its presale phase. This surge has enticed investors previously drawn to MATIC and other established DeFi platforms. What factors drive this sudden rise, and why are investors flocking to Retik Finance? Let’s explore the dynamics behind this phenomenon. Retik Finance (RETIK): Top Presale Token Drawing Investors Away From Polygon…
In a strategic move within the decentralized finance (DeFi) landscape, Gauntlet, a prominent DeFi risk management firm, has swiftly transitioned its collaboration from Aave to Morpho. This transition comes days after Gauntlet departed from Aave, a leading DeFi lending protocol. Gauntlet’s shift to MorphoBlue Announced on February 27, the partnership between Gauntlet and Morpho entails the creation of lending products on MorphoBlue, a novel protocol enabling firms to establish their own lending and borrowing pools known as “vaults.” Unlike conventional lending protocols, where firms rely on external risk management advisors, MorphoBlue empowers risk managers like Gauntlet to develop and oversee…
Shiba Inu (SHIB) rose to prominence in 2020 as a memecoin inspired by the popular Dogecoin (DOGE) meme. In the ever-evolving landscape of cryptocurrency investing, investors are faced with a myriad of choices, ranging from meme coins to decentralized finance (DeFi) projects. As the crypto market continues to mature, the debate between memecoins and DeFi tokens rages on, with each offering its own unique set of opportunities and risks. In this article, we’ll explore the differences between memecoins and DeFi tokens, specifically focusing on two prominent examples: Shiba Inu (SHIB) and Retik Finance (RETIK). We’ll examine their respective features, performance,…
A widely followed analyst and trader is offering his insight on two digital assets as the total crypto market cap edges upwards. The crypto analyst pseudonymously known as Bluntz tells his 241,400 followers on the social media platform X that the memecoin dogwifhat (WIF) is displaying bullish divergence on the long time frames. A bullish divergence occurs when the price of an asset keeps forming lower lows while an oscillator, in this case the Relative Strength Index (RSI), is forming higher lows. WIF is trading at $0.952 at time of writing, up by around 229% from a low of $0.289…
Notcoin, Telegram’s gaming sensation, paves the way for a significant shake-up. With over 26 million players, the game is preparing to transition to real cryptocurrency rewards. Yet, players must stay engaged, or they risk the loss of their mined Notcoins. Starting this month, Notcoin developers have warned that accounts inactive for 30 days will see their mined Notcoins vanish. This move aims to maintain high engagement levels among players, especially as the game prepares to launch its on-chain NOT token. “For those who skipped February, the clock is ticking,” the announcement hinted, urging players to keep tapping. Moreover, the impending…
Bitcoin (BTC), the largest and oldest cryptocurrency, has been leading the digital asset rally of late, but there are early signs of a so-called “altcoin season” impending, when smaller tokens are outperforming, analysts said. BTC is already near its all-time high set in 2021, hitting $64,000 this week alongside strong inflows into spot bitcoin ETFs. It’s gained 48% since the start of the year, while the broad-market CoinDesk 20 Index (CD20) was up 33% during the same period, highlighting the underperforming altcoin sector. This could soon change, though, K33 Research analysts said in a Friday market report. “Judging by history,…
Many experts are saying that the world is on the verge of the Fourth Industrial Revolution. Industrial revolutions are characterized by a major shift in the economy. For instance, the First Industrial Revolution marked the transition of the global economy from handcrafted and agrarian goods to machine-made or manufactured products. And now, the world is again transitioning from the Digital Revolution brought about by the Internet to the Fourth Industrial Revolution. This points to the age of emerging technologies like blockchain, artificial intelligence (AI), Internet Protocol version 6 (IPv6), Web 3.0, the metaverse and robotics. What was previously only seen…
Messaging app Telegram has introduced a new ad platform that will exclusively use Toncoin on the Open Network (TON) – a layer-1 blockchain project – to make payouts for channel owners. Telegram channel owners in nearly 100 countries can start receiving 50% of the total advertising revenue the messaging app generates from displaying ads on their channels, Telegram founder and CEO Pavel Durov announced Wednesday. “Similar to our approach with Telegram usernames on Fragment, we will sell ads and share revenue with channel owners in Toncoin. This will create a virtuous circle, in which content creators will be able to…
