Why $DODO is Set to Dominate the Future of DeFi đ„
DODO is making waves in the decentralized exchange (DEX) world with its game-changing innovations and rapid growth. With a strong focus on product evolution, community power, and key partnerships, DODO is primed for explosive success
đč Unique Features Powering DODOâs Rise
âą One-Click Token Issuance: Launch tokens across multiple blockchains with ease
âą Self-Initiated Mining: Create your own liquidity pools, putting control back in usersâ hands
âą Pegged Pools: Trade with more stability by pegging to specific assets
âą Meme Platform (coming soon): A hub for meme-related projects that could skyrocket user engagement
đ„ Real-World Applications
âą Token Launch: Seamless token creation for new projects. âą Liquidity Provision: Earn fees by adding liquidity to various pools. âą Stablecoin Trading: Pegged Pools allow for easier and more stable stablecoin trading. âą Meme Sector: DODOâs upcoming meme platform is perfectly positioned to capture the booming meme coin market
đ DODO + Meme Coin Explosion = Next Big Thing
As meme coins continue to surge, DODOâs tools like its one-click issuance and Meme platform could be the go-to for creators looking to launch and grow fast
⥠Why DODO Stands Out
Backed by top-tier institutions, yet still nimble and growing, DODO has a unique edge over bigger players. Itâs got the credibility and the room to expand fast
The future looks bright for DODOâdonât blink, or youâll miss out on whatâs next
The retest is complete, and we're gearing up for a major move
With the current price hovering at $0.00000724 weâre on the edge of an explosive breakout!
âĄïž Targets to Watch:
- First Target: $0.00000800 â The breakout level. If we breach this, momentum could kick into high gear! - Next Level: $0.00000850 â A push past $0.00000800 could take us to new highs.
âĄïž Key Support:
- Hold Level: $0.00000674 â A must-hold line. Losing this could open the door to more downside
- Critical Zone: $0.00000650 â Dropping below this spells deeper correction territory.
âĄïž Trade Insight:
- Bulls are eyeing $0.00000800 for the next push, while a dip below $0.00000674 could trigger more selling pressure.
This is a high-volatility setup Get ready for fast action, and stay sharp
Leading the pack is $ALPINE , soaring by 19.57% to hit $1.344, showing some serious momentum. Right behind, $AXL is up 11.07%, climbing to $0.6430, and $APT has jumped by 9.40%, now sitting at $8.38, potentially hinting at a bullish run.
$REI and $HMSTR are also making waves with gains of 7.13% and 4.70%, respectively, while $ORN is up 4.16%, reaching $1.151. Keep a close watch on these trends as they could present some short-term opportunities, especially with $ALPINE and $AXL continuing to build momentum
$BTC is entering a pivotal moment, and the market could see some exciting moves soon
Hereâs what to keep an eye on:
Thereâs potential for a brief dip toward the $58,950 level, followed by a steady recovery that could bring it back near $59,700. From there, we might see Bitcoin push upward, potentially hitting $61,850. But donât get too comfortableâa sharper pullback to around $54,000 could be on the horizon after this temporary climb.
Alternatively, we could see some volatility with Bitcoin taking a sharp drop to the $56,700 range, lingering at those levels before the next major shift.
Another scenario is a quick spike up to $61,300, which could force short-sellers to adjust, triggering more significant moves afterward.
As always, Bitcoinâs behavior can change rapidly, so stay on your toes
âą Price: Significant drop of 28.66%. This suggests strong selling pressure and potential negative news or market sentiment surrounding the coin.
âą Possible reasons for the drop: Overall market downturn affecting altcoins Negative news specific to the Pros project. Profit-taking by early investors
âą Considerations: Research what caused this sharp decline. Look for signs of recovery or continued downtrend
- $VITE
âą Price: A drop of 27.77% indicates a significant loss in value within the 24-hour period.
âą Possible reasons: Similar to PROS, a general market downturn or negative sentiment toward altcoins could be a factor. Issues specific to the Vite project, such as development delays, partnership problems, or security concerns
âą Considerations: Analyze trading volume alongside price movement. High volume with a falling price often signals further downside potential
- $KEY âą Price: A decrease of 22.85% indicates a substantial loss
âą Possible reasons: Likely influenced by the broader market trend affecting PROS and VITE. Negative news or developments within the Key project itself
âą Considerations: Examine if the drop is part of a larger downtrend or a short-term correction. Look for potential support levels and whether trading volume suggests a reversal
Analysis: AXL shows a significant price increase in the last 24 hours. This suggests strong buying pressure and potential positive momentum. Without historical data, we can't determine if this is a breakout from a consolidation period, a continuation of an uptrend, or simply a short-term pump. Further analysis would be needed to assess its sustainability. The high percentage increase warrants caution; it could be a temporary spike followed by a correction.
- $ALPINE :
Price: $1.206 24h Change: +8.26%
Analysis: ALPINE also experienced a notable price increase, but less dramatic than AXL. The 8.26% gain suggests positive sentiment but less intense buying pressure. Similar to AXL, we need more information to confirm if this is part of a longer-term trend or a temporary fluctuation. Confirmation using price charts and volume data is required.
$BANANA
Price: $46.59 24h Change: +7.87%
Analysis: BANANA shows the smallest percentage gain among the three. While still positive, the increase suggests less intense momentum compared to AXL and ALPINE. The higher price point compared to AXL and ALPINE suggests it may be a different asset class (e.g., a larger-cap crypto or stock) with potentially lower volatility. Further investigation into its historical price action and trading volume is crucial for better understanding.
$XRP Price Today Meanwhile, XRP price plunged over 10% in the past 24 hours and is currently trading at $0.546. The cryptoâs intraday low and high were $0.5256 and $0.6044, respectively.
XRPâs market cap rested at $30.55 billion today.
$ETH Price Today ETH price rested at $2,397 today, regaining back previous gains. The coinâs intraday low and high were $2,353.96 and $2,491.35, respectively. ETHâs market cap stood at $288.24 billion today.
Meanwhile, spot Ethereum ETFs recorded $14.45 million inflows as of October 3, sparking uncertain market sentiments.
$BTC Price Today BTC price rested at $60,765, down 0.16% in the past 24 hours.
The coinâs intraday low and high were recorded as $59,996.95 and $62,357.69, respectively. Spot BTC ETFs recorded a whopping $91.76 million outflows as of October 3, per Sosovalue data. The coinâs intraday low and high were $59,996.95 and $62,357.69, respectively. BTCâs market dominance stood at 56.80%, down 0.57% over the past day.
The flagship coinâs market cap rested at $1.21 trillion today.
exas Finance (RXS): The $XRP Rival Poised for a Breakout
In the real-world asset (RWA) tokenization market, Rexas Finance (RXS) is becoming a strong competitor. Rexas, which is priced at $0.05, has already earned more than $1.77 million in presale, very close to its $2.75 million Stage 3 goal, and 69.9% of the presale has been completed. Rexas Financeâs novel platform allows users to tokenize assets such as art, commodities, and real estate with a few clicks, bridging the gap between blockchain technology and physical assets. Institutional and individual investors are taking an interest in this democratization of asset ownership. Rexas Finance is aiming for a future value of $15, so early investors could earn returns of six times or more at $0.20, the expected listing price after the presale
The platform has a number of noteworthy features, such as Rexas GenAI, which uses artificial intelligence to produce original digital artwork, and Rexas Token Builder, which makes tokenizing assets simple for users. These attributes, along with the platformâs dedication to decentralization, put Rexas Finance in a competitive position within the expanding RWA market, potentially upsetting more established competitors like XRP
Despite worries about its near-term future with the recent halt in whale activity, Cardano (ADA) has recovered with a 12% increase, returning to the top 10 cryptocurrencies by market value. Although ADA is now trading at $0.38, some believe it may soon hit $3 due to a bullish pattern. The Logarithmic Moving Average Convergence Divergence (LMACD) cross, which traditionally indicates a strong upward movement for the token, is a critical indicator that supports this prognosis. According to analysts, ADA might reach its $3 target by 2025 if the market sentiment remains positive, which would mean substantial gains for long-term holders
Another encouraging move is Cardanoâs shift to a fully decentralized governance mechanism. With the adoption of the Cardano Constitution, the community will have more control over the sustainability and updates of the blockchain, which may bolster investor confidence and encourage future price growth
Called the âking of DeFi,â Ethereum is having a big resurgence right now. Following a successful Dencun upgrade and the adoption of the first-spot Ethereum ETF, analysts are hopeful about Ethereumâs long-term expansion even after jumping over 13% in two weeks. Ethereum has shown resilience against fleeting volatility, with its present price hovering about $2,680. By 2025, according to analysts, ETH may reach $5,000 as institutional investment soars and the networkâs major enhancements gain traction.
Ethereumâs journey to $5,000 isnât without difficulties, though. The results from Ether ETFs have not been encouraging so far, with the total outflow now exceeding $580 million. Ethereumâs journey to $5,000 isnât without difficulties, though. The results from Ether ETFs have not been encouraging so far, with the total outflow now exceeding $580 million.
Additionally, a report revealed that Ethereum ICO participants dropped $8,500 ETH (roughly $22 million) to CEX exchanges in September. Despite these profit-takings, ETH volatility is still modest, with $2,711 serving as resistance and $2,448 serving as support. Technical indicators indicate a bullish mood. Given the increasing interest in Ethereum from both individuals and institutions, the long-term picture for the platform is still very bright
$ETH Selloff Continues As ETH Price Dips Under $2,350
Ethereum (ETH) along with other altcoins continues to face major selling pressure. After ETH wallets linked to Vitalik Buterin sold their holdings last week, an Ethereum ICO-era whale is now selling its holdings.
In the last two days, an Ethereum ICO participant sold a total of 19,000 ETH worth a staggering $47.5 million. During the ICO event back in 2013, this whale had received a total of 150K Ethereum, now worth a staggering $358 million.
This #Ethereum ICO participant sold another 19,000 $ETH ($47.54M) in the past 2 days!
The ETH price has come under strong selling pressure dropping over 8% on the weekly chart. Bitcoin and altcoins are facing a major shakeout ahead of the start of the âUptoberâ rally
Why $XRP Price Fell By 15% Today After Breakout Attempt?
The XRP price fell more than 15% today, amid latest developments in the Ripple SEC case, and other key factors, sparking market concerns over a further decline.
The recent price slump could be attributed to several factors like Ripple SEC case development, market trends, and others. The crypto has recently crossed the brief $0.66 mark, which have sparked widespread market discussions over further rally
XRP price has noted sharp decline today, declining more than 15%, after a recent breakout attempt. This price slump has sparked discussions in the digital assets space, especially amid a downturn momentum noted in the broader crypto market. Notably, market was anticipating a âUptoberâ rally, while the recent picture suggests otherwise, fueling speculations in the sector.
So, here we explore the potential reasons that may have caused recent drop in Rippleâs native crypto today
Why Is XRP Price Falling Today?
There could be several reasons that could have contributed to recent slump in XRP price. Letâs take a look at the top reasons that may have triggered recent selloff in crypto, and see how it is performing now
âą US SEC Files Appeal Notice In Ripple Case âą Broader Crypto Market Downturn
XRP price slipped over 15% today and exchanged hands at $0.5106, indicating the lowering interest of the investors. Its trading volume soared about 16% to $3.21 billion. Notably, crypto has recently touched the $0.6622 level, sparking market discussions over a further rally in the cryptoâs price.
In addition, many market pundits have also shared a bullish outlook on the cryptoâs price, suggesting a potential rally ahead. For instance, one renowned analyst said that XRP is preparing for a rally, potentially hitting $3 by Christmas.
It appears that market participants are seeking further clarity on the legal battle before putting their bets into the crypto
If the crypto market outlook has changed and the historical Q4 performance has kicked in, then a Bitcoin price bounce should happen around $59.4K, which is the yearly VWAP and also critical support. This move would keep the uptrend intact and provide BTC bulls with a foothold to decisively overcome the $64K to $65K hurdle. However, a failure from bulls here could send BTC down the $57.2K to $57.9K support levels, which is the last chance to keep the bull trend dream alive.
Regardless, investors must expect one or two scenarios to play out:
BTC price bounces from $59.4K but fails to overcome the $63K hurdle, leading to a correction to the 50-week Exponential Moving Average (EMA) at $55K or lower. Bitcoin price bounces from $59.4K and overcomes the $65k resistance level, restarting the bull run. Such a development could even see the pioneer crypto revisit the all-time high (ATH) at $73,777
The 30-day MVRV indicator hovers around 0 after dropping from nearly 8% a week ago. This suggests that investors have realized profits. However, it is unlikely that Bitcoin price correction will stop here, considering that the MVRV buy zone is between -8% to -10%.
All in all, Bitcoin price prediction is that the correction is done for now and investors should watch for the aforementioned scenarios to play out
Since the September 27 swing high of $66,498, Bitcoin price has shed 9.50% and trades today at $60.3K. Thursdayâs Asian trading session saw an uptick, but in the London session, BTC is down 2.05%,
Bitcoin price is down 0.65% today
The crypto market was âlooking heavyâ and he âwouldnât rule out a final shakeout.â
I expects another 10% to 20% correction for Bitcoin. Considering the current level of $60.2K, this drop would push BTC down to the $48K to $54K range. The analyst ended his analysis by saying that he was ânot selling my positions, but hedging. Just in case.â
I believes that there could be a bounce I wouldnât mind âbiddingâ BTC between $60.2K and $58K and expect a run up to $61K to $63K. However, he did warn that a new high time frame low could be on the way unless Bitcoin reclaims the $65K level decisively.
RektProof posted his Bitcoin game plan to X and expects a bounce between the $59.2K to $57.2K region. The resulting rally, according to RektProof, should propel BTC price to $70,000 or higher
$ADA Price Analysis Hints Rebound Imminent To $0.5
For over two months, the Cardano price has oscillated between the $0.32 support and the $0.40 resistance. Currently, ADA is trading near the lower end of this range, around $0.339, close to support.
ADA is likely to find support around $0.32. If this level is broken, it could see a further drop toward the next support level, $0.285. On the flip side, the immediate resistance lies at $0.40, which has capped price rallies multiple times in the past months.
The On-Balance Volume (OBV) indicator shows a lack of strong buying pressure, which matches the ranging price action. Thereâs no clear volume breakout, confirming the sideways movement.
Moreover, the relative strength index (RSI) is currently around 33.79, which indicates near oversold conditions. This suggests a potential bounce from the current support level at $0.32.
The most likely scenario is a bounce from the $0.32 support back toward the mid-range or upper resistance around $0.38-$0.40. Beyond this, ADA prices could break out of the range by 20% and reach $0.50.
However, if ADA fails to hold the $0.32 support, a deeper pullback toward $0.285 could follow.
ADA is currently in a consolidation phase between $0.32 and $0.40, indicating sideways price action. While the near-term outlook remains neutral, the market might offer a good buying opportunity at the lower range of $0.32, anticipating a bounce back toward $0.38-$0.40 resistance
$LINK is facing a significant downturn, dropping 5% in the last 24 hours and a staggering 13% over the past week. Currently trading at $10.59, this decline reflects a broader bearish trend in the crypto market, influenced by several key factors.
Technical analysis indicates that LINK is trading below critical support levels, with strong bearish momentum observed across various indicators. The Moving Average Convergence Divergence (MACD) remains in negative territory, and the Relative Strength Index (RSI) is at 30, suggesting that LINK is oversold, which may indicate a potential for price reversal in the near future.
The overall crypto market is experiencing a substantial decline, with major cryptocurrencies like Bitcoin and Ethereum also facing significant losses. Bitcoin is now trading below $61,000, while Ethereum has dropped under the $2,300 mark. This general market decline is creating a ripple effect, impacting altcoins, including Chainlink.
Whale activity is also showing signs of decreased interest, with large transactions (over $100,000) dropping significantly. This decline in whale transactions aligns with LINKâs consistent price decrease over recent months, contributing to the overall bearish sentiment. In mid-May, LINK peaked at around $18, but it has since lost significant ground, now hovering just above $10.
If the bearish trend continues, Chainlink could initially stabilize around the $10 mark, but further declines could see it test lower support levels at $8 and potentially $7 in extreme market conditions. On the other hand, if bulls manage to regain momentum, LINK could bounce back from its oversold state and aim to break through resistance levels near $11.
The recovery will largely depend on the renewed interest from large investors. As always, investors should keep an eye on market developments and technical indicators for signs of potential reversals in the trend.
Stay tuned for updates on LINK and the overall market conditions