Posts

Showing posts from November, 2024

Pudgy Penguins NFT Arts To Be Exhibited At Miami Art Basel 2024 – Here’s More Details

Image
Iglo Inc., the digital asset incubation studio and the team behind the Pudgy Penguins non-fungible token collection, has announced that they will attend the annual art event “Art Basel 2024” in Miami, Florida, United States, to exhibit their penguin cartoon arts. The Pudgy Penguins team has prepared an exclusive party, “Pengu Party Miami,” for all its fans who will attend this highly anticipated annual art event. Pudgy Penguins Are Returning To Miami For Art Basel 2024 In a November 21 blog post, Igloo Inc., through its Pudgy Penguins X account, confirmed that it is set to exhibit its popular pudgy penguin non-fungible token arts at the annual art event “Art Basel 2024” in Miami, Florida, United States of America. The highly anticipated annual art event is scheduled to happen next month from December 06, 2024, to December 08, 2024. Pudgy Penguins are returning to Miami for Art Basel. Join us at FunDimension on December 5th for an exclusive night with the Huddle that shouldn’t be m

Crypto kid rugs traders for $30k profit, misses $4 million gains

Image
In another cautionary tale against chasing “greater fool” games, a kid rug-pulled crypto traders for an unexpected $30,000 profit. However, the self-called “degen” market struck back, sending the memecoin up, making the kid miss over $4 million in gains. Interestingly, this recent memecoin rug pull happened live as the kid was streaming the whole process, guided by a mentor. It is notable how euphoric and surprised he gets after selling and collecting the money, giving his middle fingers to the camera after fooling his audience. Kid makes a coin then dumps on people for $30k while live-streaming pic.twitter.com/LoanyydtYX — TTI (@TikTokInvestors) November 20, 2024 According to Lookonchain , the kid sold 51 million $Quant for 128 SOL, worth $30,000, making a $29,600 profit. Yet, the buzz following the rug pull attracted even more liquidity to the memecoin, with the 51 million tokens achieving a $4 million nominal value by Lookonchain posting time.

Ripple: When Will $1000 Worth of XRP Become $500,000?

Image
Ripple’s XRP token has finally overcome the $1 mark. The asset last traded above $1 in November 2021, three years ago. XRP has had a rough few years due to Ripple’s lawsuit with the SEC. The suit was settled earlier this year, and the fintech company paid a $125 million fine. The asset is currently down by about 68% from its peak of $3.40. The popular crypto hit the $3.40 mark in January 2018, nearly seven years ago. The asset failed to hit a new peak during the 2021 bull run, likely due to the SEC lawsuit. With its legal woes over, XRP may be gearing up for another shot at reclaiming its all-time high. Also Read: Amazon: AMZN Eyeing New Heights in 2025 as Stock Could Surge When Will $1000 Worth of XRP Become $500,000? Source – CryptoRank If you purchase $1000 worth of XRP right now, you will receive about 925.92 tokens. For 925.92 tokens to be worth $500,000, the price of each coin has to hit nearly $540. XRP has to rally by 49,900% to hit $540 from current price levels. Also Read: Ji

Ripple: How High Can XRP Surge Before The End Of 2024?

Image
Ripple (XRP) is one of the leading cryptocurrency tokens in the space that has recently garnered heavy attention. The token has recently claimed the coveted $1 mark, marking its ascent into the Web3 bullish realm. While certain predictions made by analysts suggest XRP claiming the $2 mark, here’s how high the token may surge before the end of 2024. Also Read: Bitcoin: MicroStrategy to Raise $1.75B For BTC Purchase XRP Price Predictions: Analysts Take On High Can XRP Go? Source – FXEmpire Ripple is currently one of the leading cryptocurrencies to hold. The fact that XRP is trending on Google searches speaks volumes about its popularity in recent times. Per Egrag Crypto, a notable crypto analyst, XRP has more in store for investors as it may soon break past the $1 price in the coming months. Per the analyst, the current price juncture is crucial for XRP as its current trading is in a psychological zone. The analyst dubbed the token current price pedestal as a “make or break” spot for XRP

Here’s the Key Chart in Crypto Right Now, According to Former Goldman Sachs Executive Raoul Pal

Image
Former Goldman Sachs executive Raoul Pal thinks one chart is a critical representation of the current crypto market. The Real Vision chief executive shares a chart with his one million followers on the social media platform X that compares the layer-1 blockchains Sui (SUI) and Solana (SOL). The macro guru shares a chart suggesting that SUI is primed to outperform SOL. “I keep staring at this chart of SUI/SOL. Probably the key chart in crypto right now to indicate the structure of the market ahead.” Source: Raoul Pal/X SUI is trading at $3.71 at time of writing. The 17th-ranked crypto asset by market cap is down more than 2% in the past 24 hours. SOL is trading at $239.74 at time of writing. The fourth-ranked crypto asset by market cap is up nearly 1% in the past day. Pal also mentions that he eventually plans to shift his proceeds into digital art non-fungible tokens (NFTs) and Bitcoin (BTC) for preservation. The Real Vision CEO also calls the crypto sector

Mexican crypto trading bot scheme disappears with 3,000 users' funds

Around 100 investors in a Mexican crypto trading bot scheme that promised “daily payouts” and claimed to operate its own “crypto credit card” have filed an official complaint with public prosecutors after the firm disappeared, shuttering its physical offices, and blocking withdrawals. As reported by Milenio, Tehuacán and Puebla-based AMG GPT allegedly lured more than 3,000 people into buying trading bots — with prices starting at 400 pesos — “for a set time period” in return for seemingly guaranteed returns. However, while some users initially reported making money from their investments, the regular payouts didn’t last and many started to report “constant delays” when trying to access their funds. They were apparently told by AMG staff that they would need to “pay verification fees” if they wanted to access their money and when users attempted to visit the company in person, they found all four of its offices shuttered . According to Mexican journalist, Carolina Espin

Bitcoin Reclaims The NFT Market Crown, After Ordinals And BRC-20 NFTs Explode In Sales

Image
The non-fungible token market appears to be catching the crypto market wave, with its daily trading sales volume staggering above $20 million for the second consecutive week. In an exciting turn, Bitcoin has seen a sharp increase in trading sales volume, outperforming Ethereum and Solana in the NFT space over the past day. Bitcoin lost the market crown earlier this year after the Bitcoin Ordinal hype faded. Bitcoin Reclaims The NFT Market Crown Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and non-fungible token explorer, shows that Bitcoin has dethroned Ethereum in the non-fungible token market after Bitcoin Ordinals led by BRC-20 NFT collections exploded in trading sales volume. In the past 24 hours, Bitcoin-based NFTs have raised a trading sales volume of $7.2 million, representing a 7.79% surge from the previous day. During this period, Ethereum, the blockchain network renowned in the NFT market for hosting the most blue-chip NFTs, ranks second in

Bitcoin Hits $100K Soon? These 5 Cryptos Could Be Your Next Big Investment

Image
The cryptocurrency market is heating up as Bitcoin edges closer to $100K, with many other coins experiencing impressive rallies. As retail FOMO starts to take over, now is a great time to consider some potential investments that could yield significant gains in the coming weeks. While some coins are already seeing strong upward momentum, others are poised for breakout growth. In this article, we’ll highlight five promising cryptocurrencies, from established tokens like Solana to presale projects such as Pepe Unchained. These tokens could provide excellent opportunities for those looking to capitalize on the current market momentum. With extreme greed setting in and the potential for further price action, it’s an exciting time to explore these coins. Solana (SOL) Solana continues to show strong potential, with its price currently holding steady at $220, indicating a bullish outlook. Despite not yet reaching its all-time high, $SOL has achieved a significant milestone in ecosystem va

Most Viewed Cryptos on GeckoTerminal to Watch – Maya, Moo Deng, Binance Mascot, Litecoin Mascot

Image
Meme coins have experienced significant growth in the past month, coinciding with new highs in the broader cryptocurrency market. According to data from Santiment, these speculative tokens, often themed around animals like dogs or cats, have gained considerable attention. Santiment noted that the current rally is largely driven by speculative assets, with meme coins seeing substantial trends. Similarly, tokens on GeckoTerminal have witnessed price rallies. Insidebitcoins has curated a list of the most viewed cryptos on GeckoTerminal to watch. Most Viewed Cryptos on GeckoTerminal to Watch LESTER is currently valued at 0.1095 on Raydium, reflecting a substantial 1,078.9% rise over the past 24 hours. The presale of Pepe Unchained ($PEPU) has gained significant momentum, raising $30 million, with $1.2 million of that total coming in just the last 24 hours.  Meanwhile, MAYA has been experiencing notable price fluctuations. MOODENG is trading at 0.6734, showing a 44.7% increase over the

Can PEPE Hit A New All-Time High This Weekend?

Image
The cryptocurrency market has been on a rollercoaster lately. Several assets like Bitcoin (BTC) and Pepe Coin (PEPE) managed to hit new peaks during this week. The meme coin market was thriving. Amidst all the dogs in the cryptocurrency market, the frog-inspired meme coin came through. But can PEPE hit a new peak during the weekend? Also Read: Currency: What’s Happening With The US Dollar & Euro? Looking Into PEPE’s Rally The price of the meme coin has increased by nearly 135% in the previous two weeks. During the past seven days, the meme coin rose by 97%. Following Donald Trump’s victory in the US presidential election on November 5, the entire spiked, and so did PEPE. After Coinbase and Robinhood verified PEPE listings on November 14, the token’s price surged even higher, surpassing its previous peak. Source At press time, the asset was trading at $0.0000212 following a 2.93% rise over the past 24 hours. However, it should be noted that PEPE encountered several dips throughout t

Pepe Price Drops 6% After New All-Time High As Investors FOMO Buy Pepe Unchained Before Its Tier-1 Listings

Image
The Pepe price dropped over 6% in the last 24 hours to trade at $0.00002115 as of 11:20 p.m. EST as investors decrease their exposure to the frog-themed meme coin . This drop in the PEPE price comes after the crypto set a new all-time high of $0.00002524 recently. Since establishing this new peak a day ago, the meme coin’s price has undergone a 16% correction. Pepe Price Approaches A Key Support 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price is nearing the support level at $0.00001932 after being rejected by the $0.00002409 resistance in the last 24 hours. If the meme coin breaks below this technical safety net in the coming 24 hours, it could stand the risk of falling even more in the short term. Sellers might then continue exerting pressure on PEPE to  potentially push it down to $0.00001503. However, the Pepe price maintaining a position above $0.00001932 for the rest of today’s trading session might invalidate the bearish thesis. In this alternative scenar