đ” Dive into the CryptoNews realm with the latest $DOGE Price Prediction! đ If Dogecoin surges above $0.23 and surpasses USDC, whispers of it reaching $1 will resurface. While achieving 5x growth in this bull market might be challenging for Dogecoin, it's not beyond the realm of possibility. Imagine BTC soaring past $100,000, pushing its market cap beyond $2 trillion. For Dogecoin to hit $1, its market cap would only need to grow to around $144 billion, just 7% of Bitcoin's market cap. Let's assume BTC's dominance drops to 40% as its market cap crosses $2 trillion, and the crypto market cap excluding Bitcoin hits $3 trillion. With a market cap of $144 billion, Dogecoin would represent less than 5% of the crypto market cap, excluding Bitcoin. These growth figures aren't far-fetched for the beloved meme coin. In the unpredictable world of crypto, anything is possible. Traders shouldn't dismiss the possibility of $1 Dogecoin in 2024 or 2025. đđ #Dogecoin
Have you heard about the Bitcoin halving? It's a big event in the crypto world, and it can affect the prices of other cryptocurrencies, too. Let's break it down in easy English.
Imagine Bitcoin is a giant gold mine. Every ten minutes, miners find new Bitcoin, like nuggets of gold. But the halving is like hitting a smaller gold vein! Every four years, the amount of new Bitcoin miners get cut in half. So, what does this mean for other cryptocurrencies, also called altcoins? Well, it's a bit of a guessing game. Here's why: Altcoin party after the halving? Sometimes, after a halving, Bitcoin gets more expensive. Investors might then take their profits from Bitcoin and look for other exciting investments, like altcoins. This could cause altcoin prices to rise!
Hold your horses! Not so fast! Investors might also be extra cautious before the halving, putting their money into Bitcoin for safety. This could mean altcoin prices go down temporarily.
The bottom line? Nobody knows for sure what will happen to altcoin prices after a halving. The crypto market is like a wild jungle, full of surprises. Here are some things to remember: Do your research: Don't just follow the crowd! Research any altcoin you're interested in before investing.
Think long-term: Don't get caught up in short-term price swings. Invest in projects you believe in for the long haul. Spread the risk: Don't put all your eggs in one basket! Invest in a variety of cryptocurrencies, including Bitcoin and altcoins, to spread out your risk.
By understanding the Bitcoin halving and staying informed, you'll be better prepared to navigate the exciting world of altcoins. Kindly Follow
Is Dogecoin Copying the 2020 Fractal That Sent DOGE Price Soaring 15,800%?
Dogecoin's (DOGE) ongoing price action mirrors 2020 fractals that saw its price explode by more than 15,800% to a record high of $0.76 in just six months.
Dogecoin price trend in 2024 vs. 2021 The Dogecoin chart fractal below highlights the similarities between DOGE's ongoing price performance and those recording after the completion of the 2018-2020 bear market.
For instance, in 2018-2020, Dogecoin experienced a prolonged sideways movement within the $0.0012 to $0.0056 range. This phase occurred at the chartâs base levels, between the 0.236 and 0.0 Fibonacci retracement lines, underlining a period of relative market equilibrium with low volatility. #write2earnâŠ. #DOGEćČćČćČ
Binance Offers $5th Reward for Insider Trading Tip-offs
Crypto exchange Binance has announced that it will offer a $100,000 to $5 million reward for those who provide them with reports on potential insider trading or corruption within the exchange.
On March 16, Binance announced that it would list the Solana-based memecoin Book of Meme (BOME) on the exchange. The token was paired with Bitcoin (BTC), Tether (USDT), First Digital USD and the Turkish lira. In addition, Binance Futures said that it will also list a USDS-M BOME perpetual contract with up to 50x leverage.
Ahead of the Binance listing, a crypto whale bought 314 million BOME tokens for $2.3 million on the Raydium decentralized exchange (DEX) at an average price of $0.0074. After the listing, the value of the tokens pumped to a high of $0.026, making the tokens worth around $8 million. Book of Meme token price chart. Source: CoinGecko
After the listing, the trade was flagged, sparking community discussions â with some alleging that this was an insider trade. On Reddit, a community member asked if they thought it was a lucky trade or an insider tip, while another floated the idea that the trader could be an insider from Binance. In a statement on X , Binance said it had launched an investigation into the insider trading allegations related to the listing of BOME within the exchange. Binance said that, during its preliminary investigation, the person at the center of the allegations had âno connection with Binance.â Binance announcement on in sider trading investigation. Source: Binance Within the announcement, Binance also urged the community to continue to report any potential insider trading or other misconduct related to the exchange. The trading platform said it would provide a reward of $100,000 up to $5 million to those who send them relevant reports and promised to keep the senderâs identity a secret.
The exchange said that they would thoroughly investigate and make their findings public. #BOME #Write2EarnâŹ
â Book of Meme (BOME) gained traction starting last Friday, and within just three days of its launch, Binance listed the meme coin on its exchange. This move propelled its price up by 3,000% on Saturday.đ„đ„
"Here are some predictions for crypto prices in 2030: - $SHIB: $5 - $PEPE: $39 - $XRP: $2000 - $LUNC: $732 - $DOGE: $2502 Be careful of unrealistic predictions! Many videos claim these values will happen by 2024, but they're often not based on good information. If you're new to investing, be cautious! Make sure to do your own research before investing. Don't get caught up in the excitement or just follow what others say. Educate yourself and be smart about entering the market. It's important to learn from experienced investors to avoid common mistakes. Let's help new investors avoid risky decisions. Share your experiences if you've faced similar challenges. Together, let's create a community focused on making smart investment choices! #HotTrends #SHIB #DOGE $XRP $SHIB #Write2Earn
If you had invested $100 in Dogecoin when Elon Musk first tweeted about the crypto on April 2, 2019, when it was trading at $0.002552, you would have acquired 39,185 DOGE. Today, with Dogecoin priced at $0.08420, your initial $100 investment would be valued at $3,299.38, yielding a hypothetical return of 3,199.4%. đžđ Similarly, if you had invested $100 on July 17, 2020, when Dogecoin reached its highest price of $0.003084 after Musk's tweet, you would have obtained approximately 32,425 DOGE. With the current Dogecoin price at $0.08420, your $100 investment would now be worth $2,730.19, resulting in a hypothetical return of 2,630.2%. đ°đ° During Dogecoin's all-time high in May 2021, reaching $0.7376, those $100 investments based on Musk's tweets would have been valued at $28,902.86 and $23,916.68, respectively. đđ” Remember to like, follow, and tip for more updates! đđđĄ #HotTrends #DOGE $DOGE #write2earnâŠ.
Largest BOME Holder Sells 340 Million Tokens, Profits $3.62 Million
According to Foresight News, the largest holder of BOME tokens, sundayfunday.sol, has sold 340 million BOME tokens. The sale resulted in a profit of 18,660 SOL, with an average selling price of $0.0107 per token, totaling $3.62 million in profit. Despite still holding 900 million tokens, the value of the holder's assets has decreased to $8.38 million due to a 47% drop in BOME's value over the past 24 hours. #write2earnâŠ. #BOME
According to Foresight News, on-chain detective ZachXBT reported that Solana has raised over 655,000 SOL (equivalent to $122.5 million) in 27 recent presales. #write2earnâŠ. #SOLđ„đ„đ„đ„
Meme Coins Going Legit Is the Worst Thing for Meme Coins
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When Elon Musk semi-ironically endorsed dogecoin during the last bull run, most people saw it as a joke: a high-profile business guy playing with the funny money. Nobody is laughing anymore. These days, there are real institutions â from the Avalanche Foundation to Franklin Templeton â willing to say that meme coins are a legitimate use of blockchain tech. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. On Solana, thereâs dogwifhat {{WIF}}, sillycat (SILLYCAT) and popcat (POPCAT). On Ethereum, {{DOGE}} remains top dog. Then thereâs the emerging field of âPoliFi,â short for political finance, with its roster of coins like MAGA (TRUMP), jeo boden (BODEN) and elizabath whoren (WHOREN). These would-be jokes have gained virality in the past year âdue to their unique nature,â the Franklin Templeton Digital Assets team wrote in a recent report. A rally that kicked off in late 2023 has only picked up steam since the release of U.S. spot bitcoin exchange-traded funds (ETFs), the financial giant noted. In some sense, meme coins are reaching escape velocity. The Avalanche Foundation launched a âCulture Catalystâ program that has started buying up meme coins in a bid to support what it believes to be âculturally importantâ Web3 projects. While Franklin Templeton (which for a while sported bitcoiner's laser eyes on Twitter) attributes growing use of Ethereum and Solana in part to these tokenâs âopportunities to make quick profits.â See also: The Memecoin Grift and How It Threatens Ethereum Culture | Opinion And yet, meme coin projects are also seemingly doing everything in their power to self-destruct. While the conventional wisdom about meme coins is that they have âno underlying value,â more and more meme coin creators are investing time and money into making their projects stand out. Itâs a risky trade.
#Ether.Fi's Token Debuts At $4.13 After Airdrop and Binance Launchpad Distribution The stakers that have locked more than $12 billion staked on Binance Launchpad received 20 million tokens.
ETHFI was trading at $4.13 with an FDV of $4.13 billio$n. The initial circulating supply is 115.2 million tokens. ETHFI, the governance token of the largest liquid restaking protocol Ether.Fi, debuted at $4.13 after the token was distributed via an airdrop and to participants of a Binance Launchpad round. At the time of writing, ETHFI was trading at $4.10 on Binance and recorded a trading volume of over $2 million in the first five minutes of trading. The token had a fully diluted value (FDV), the market value of a token if the entire supply ends up in circulation, of $4.13 billion. More than $2 billion worth of the FDUSD stablecoin and 17.3 million BNB ($10 billion) were staked on the Binance Launchpad. Launchpad stakers receive an allocation of ETHFI relative to the amount they staked. Several of the recently-listed tokens on Binanceâs launchpad slumped after release: ARKM dropped from its debut price of 90 cents to 30 cents, while PORTAL fell from $3.60 to $2.08 three after being issued. The max supply of ETHFI is capped at one billion, with 20 million tokens being allocated to the Binance Launchpad and 60 million tokens being set aside for âseason oneâ of the token airdrop, which ended on March 15. An additional 50 million tokens will be distributed after âseason two.â Investors will receive 32.5% of the tokenâs total supply over the course of a two-year vesting schedule, whilst core contributors will receive 23.26% over three years. The initial circulating supply will be 115.2 million tokens. Ether.Fi's total value locked (TVL) has surged 117% in the last 30 days with total deposits approaching $3 billion, according to DefiLlama. Restaking is a strategy used by those that stake ether {{ETH}} and want to generate additional yield. By using a protocol like Ether.Fi, stakers receive a liquid restaking token (LRT) that can be used elsewhere on other protocols.
đ Follow the BOME Adventure! đ đ Are you set for what's coming? đ
đ» Just two hours into its trading life, #BOME saw an anonymous buyer dive in with a whopping $6.45 million for 532.45 million BOME coins, shocking everyone with their instant big-time move. đ đč But that was just the beginning. A mere 10 hours on, they flipped all their BOME stash for $49.5 million, pocketing a massive profit. This rapid trade shook the crypto world, creating waves. đ» đŁ Imagine, in only two days, that trader pocketed a cool $43 million profit! Their quick cash grab is buzzing in conversations for its sheer brilliance. đ» đ„ The buzz spread, and the crypto community is now ablaze with speculation about who this secret trader might be and what lies ahead for #BOME. This standout success story has become a beacon for other investors, highlighting the boundless potential in the crypto realm. đ„ đ$BOME #HotTrends #sol #DOGE #BTC