With a highly volatile month of May, the crypto market enters June on a positive note after an 11.29% monthly jump. Amidst such a volatile but bullish wave, the altcoins managed to sustain a positive trend and tease an uptrend in June. Further, the bull run is expected to gain momentum with the upcoming ETFs and the U.S. Presidential elections coming closer, bringing dovish comments. With additional momentum and institutional acceptance, some top altcoins are poised to hit all-time-high levels i
As of press time, $ADA trades for $0.4484, reflecting a 0.48% decline for the day. The intraday market cap has decreased by the same percentage, now standing at $16.01 billion. This places $ADA as the ninth largest crypto asset.
AsĀ reported a couple of days ago, the two top-performing assets were from the meme coin niche ā $PEPE and $WIF The former kept rising and charted yet another all-time high, while the latter had gained momentum with a double-digit surge.
The landscape is entirely different now as PEPE has dumped by 14% in a day, while WIF is down by more than 11%. Other larger-cap alts deep in the red include SHIB (-7%), #DOT (-5%), #DOGE (-4.5%), SOL (-3%), NEAR (-4.5%), and more.
One significant strategy involves massive token burns. Shiba Inu currently has a circulating supply of over 589 trillion tokens. This extensive supply stands as one of the major obstacles to a meteoric surge. For instance, at $0.001, $SHIB will have a $589 billion market cap if its circulating supply remains stable.
IfĀ extensive burnsĀ help to significantly reduce the circulating supply, the remaining tokens become more scarce. This scarcity can lead to an increase in the tokenās value. The Shiba Inu community and the ecosystem team have periodically carried out burn events to remove a large number of tokens from circulation.
$SHIB trades for $0.00002488, having increased 2.1% over the past 24 hours. The token is currently down 71.98% from its all-time high. Despite the plunge, market watchers are optimistic that $SHIB could surpass its previous ATH in the current market cycle, withĀ predictionsĀ of $0.0001 making rounds within the Shiba Inu community. Best of luckš #Megadrop #MtGox #EarnFreeCrypto2024 #ETHETFsApproved #altcoins
Will Solana, Ethereum, and Toncoinās 22% Monthly Inflow Halt?
Solana, Ethereum, and Toncoin top crypto monthly gains with bulls and bears debating the direction of assets. Generally, the market has seen a slight bullish sentiment today as Bitcoin (BTC) and other assets inch forward. In the long term, these gains add to wider gains for other crypto assets.Ā Solana, which has become an institutional investor favorite, trades at $171.1, surging 6% in the last 24 hours while maintaining 22% monthly inflows. However, the asset is down 5.4% this week due to the
5 Reasons To Buy And Hold SHIB, FLOKI, BONK Right Now
Hi everyone.. Meme coins SHIB, FLOKI, and BONK have offered investors remarkable gains amid this year's bull cycle. Here's an overview of why one should HODL these tokens. Coinbase Extends Support For SHIB, FLOKI, & BONK Adding to the credibility of investment opportunity, Coinbase, a renowned cryptocurrency exchange, has recently introduced perpetual futures contracts for Shiba Inu (SHIB), FLOKI, and BONK. These contracts are anticipated to inject a significant amount of capital into the coinsā
Thereās no end to theĀ $PEPE priceĀ after its 145% gains this May, setting multiple new all-time high records. Moreover, PEPE is extremely bullish, surging 13% in the last 24 hours, pushing the value to $0.00001705. As a result, $PEPE has become the 18th cryptocurrency onĀ CoinmarketCapĀ with a market cap of $7.17B. The demand for this altcoin is still rising, as the trading volume has increased to $2.93B after a 70% hike.
$BB coin is going up today if are trading on it good if not you are missing the right coin $BB will grow more so don't miss this chance. #furturetrade #EarnFreeCrypto2024 #btc70k best of luck š
Binance is a highly regarded cryptocurrency exchange platform offering numerous benefits to its users.Ā Its key features include low transaction fees, high efficiency, and rapid transaction processing, which appeal to investors.Ā The platformās native token, Binance Coin ($BNB ), provides opportunities for both investment and staking.
Binance utilizes these funds to develop and enhance its ecosystem.Ā As the platformās demand and user base increase, the return on investment (ROI) improves, resulting in staking rewards for those who stake BNB.
Moreover, $BNB offers various earning opportunities, such as in-game rewards.Ā With a significant market capitalization of $43.9 billion and continuous growth, BNB is considered a popular and valuable investment option.
Ethereum, the second oldest cryptocurrency, demonstrates growth patterns akin to Bitcoin but is available at a relatively lower price.Ā While Bitcoin is an excellent long-term investment, its high price can be a barrier for average investors with moderate risk tolerance.
Ethereumās unique value proposition lies in its versatility beyond trading.Ā Ethereum facilitates hosting smart contracts, decentralized applications, and decentralized finance (DeFi) platforms, unlike Bitcoin.
With a market capitalization of $395 billion, Ethereum accounts for 16% of the entire cryptocurrency market.Ā Its extensive utility, robust blockchain infrastructure, and positive sentiment analysis make it popular among developers and investors.Ā These factors position Ethereum as a highly promising altcoin for substantial potential gains.
Shiba Inu will crack unprecedented floor prices should it mirror the trajectory of Bitcoin towards the projected $250K and $777K thresholds.
The crypto market witnessed a brief struggle with bearish forces as Bitcoin re-entered the $70K range this week. In the last two days, Bitcoin experienced a 7.76% dip, retesting the $66K price level. In comparison, Shiba Inu saw a more significant drop, collapsing by 12%.
Meanwhile, Bitcoin has resumed the uptrend, reclaiming a high of $69,220 in the last 24 hours. Altcoins like Shiba Inu have followed suit, with $SHIB rallying 6.25% from its earlier low of $0.00002352 to trade at $0.00002499.
Where to Stake Solana? Best Platforms for Solana Staking
Solflare is a popular non-custodial wallet which is used for interacting with the Solana blockchain. It has features such as support for Solana non-fungible tokens (NFTs) and directĀ staking of $SOL coins. You can easily use it on mobile, web, or on browser through extension.
The annual percentage return (APR) for Solana staking on OKX, a reputed cryptocurrency exchange platform is 6.82%. In Solana, the TVL of $OKX is around $94.92 million because of the huge support to all the investors, where they can begin their investment or trade with the help of just 0.01 SOL.
You can start trading on Kraken with just a small investment of $10 and can easily explore more than 200 cryptocurrencies. The annual percentage yield (APY) for Solana staking on Kraken is between 3-5%, in which payouts take place 1-2 times every week. There are no lock-up periods and you can stake more than 12 assets easily. Kraken offers yearly payouts of up to 26%.
Digital assets have seen prices soar over the years following inflows in most expensive crypto with investors looking to buy.
Bitcoin (BTC)Ā
$BTC BitcoinĀ is the cryptocurrency market leader by price and market capitalization. The asset trades at $68,233 a 2.2% increase in the last 24 hours. Bitcoin dominates the market and is usually described as a gateway asset as most crypto users prefer to get a piece of the asset before diversifying their portfolio.Ā
BTC tops the expensive crypto list and is poised to attract more inflow use to spot Bitcoin ETFs which propelled its price to new all-time highs above $72,000.
Yearn.finance (YFI)Ā
Decentralized finance protocol yearn.finance that allows users to earn a yield on digital assets has seen its native token soar to $6,908. The asset is up 1.2% today although it faces a 22% decline in revenues. Users have become invested in the project because of the utility of yield farming.Ā
Ethereum (ETH)Ā
Popular altcoin and leading smart contract blockchain Ethereum has witnessed increased market activities surging its price. ETH trades at $3,129 ranking among the most expensive crypto in the market. The price ofĀ EthereumĀ is expected to soar amid anticipated spot ETF approval and its staking feature.Ā
PAX Gold (PAXG)Ā
PAX Gold is backed by real gold reserves making its price move with the value of the precious metal. The assets exchange hands at $2,407.29, a slight decline in price and a 58% plunge in trading volumes. Each asset is redeemable for an ounce of gold.Ā
BNBĀ
Binance is the largest cryptocurrency exchange by trading volume and its tokenĀ BNBĀ trades at $576.69, moving sideways in the last 24 hours. BNBās market cap stands at $89.2 billion propelled by the activities on the centralized exchange. In the last 12 months, the assetās price is up 87% as its price makes it among the most expensive crypto assets.Ā
Turn $10 Into $10,000 Investing In AI Meme Coins By June
The meme coin market is booming, with coins like CorgiAI $COMBO Turbo $TRB and $GRT gaining attention. These AI-driven meme coins are showing significant potential for growth. Investors are considering these options to enhance their portfolios and achieve substantial returns.
Investing in AI meme coins can be a game-changer. With the right strategy, a small investment of $10 could potentially grow to $10,000 by June. The increasing popularity and adoption of these coins are driving their value and market presence.
$DOGE coin going up today don't miss this chance to earn few days ago it was going down and my prediction is that it will going more then you though this is your lucky Chance don't miss it $DOGE click on the and earn if you want more details and information follow me #dogeā” #furturetrade #SpaceCryptoCurrency #binance best of luck š
Although bullish sentiment surrounding the $ETH still lingers, $XRP faces resounding volatility. This could explain a 3% correction in 24 hours to $0.5313,Ā CoinGeckoĀ data shows.
An $ETH for XRP could contribute to the coinās anticipated rally in 2024 and 2025. Analysts projectĀ XRP priceĀ to hit a new all-time high and even close the gap to $10 in the bull run.