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Showing posts with the label coincodex

VeChain (VET) Rallies 10%: Next Target $0.047

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The cryptocurrency market has further recovered from its recent dip. Bitcoin (BTC) has reclaimed the $85,000 price point. The global crypto market cap has risen 1.3% in the last 24 hours to $2.9 trillion. VeChain (VET) follows BTC’s trajectory as well. VET is up 2.4% in the daily charts and 10.4% over the previous week. Despite the recent rally, VET is down by 9% in the 14-day charts, 19.6% over the last month, and 31.5% since March 2024. Also Read: Pakistan Eyes Cryptocurrency Legalization to Attract Global Investors Source: CoinGecko Cryptocurrencies Climb As Rates Remain Unchanged Source: Watcher Guru The current market rally could be due to the Fed keeping interest rates unchanged after the latest FOMC meeting. The rate of inflation in the US has dipped in the last month. The Fed still intends to have two rate cuts this year. The rally could also be investors buying the dip. VET’s low prices may have attracted new investors to the project. Also Read: Ripple: AI Predicts ...

Cardano: How High Can ADA Rise In March 2025

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Cardano (ADA) is one of the most significant cryptocurrency tokens to exist in the space. ADA has long been fighting a plethora of negative market forces to regain its top spot. For a brief moment, ADA was able to sit at the coveted $1 mark but has plummeted greatly as current market dynamics have pushed the token to encounter further lows. ADA is currently sitting at $0.68. Can it truly rise high in March 2025? Also Read: Ethereum Buyers Pile In as Aya Miyaguchi Takes Over—Will ETH Rebound? Cardano: What’s Happening? Source: Cardano Feed Cardano has lately been gaining immense traction and spotlight due to a singular reason. Grayscale had earlier filed for a Cardano ETF, which has recently been acknowledged by the US SEC. This development has ushered in an enthusiastic moment for the ADA community members to bask in. Many ADA enthusiasts are bullish on the development, adding how the approval of the ADA ETFs can be a huge success for the community and the coin as well. JUST IN: ...

Shiba Inu: How Many SHIB Tokens Were Burned In 2024?

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According to Shiba Inu (SHIB) burn tracker Shibburn, 44.62 billion SHIB tokens were burned in 2024. The value of 44.62 billion SHIB is roughly a little more than $1 million. Also Read: Top 3 Cryptocurrencies To Watch This Weekend https://twitter.com/shibburn/status/1874321149049659822 Did The Burning Of 44.62 Billion Shiba Inu Lead To A Price Increase? Source: Watcher Guru There are about 589 trillion SHIB tokens in circulation. Burning 44.62 billion tokens is barely a dent when compared to the total. The total burns are unlikely to have made any significant difference to SHIB’s price. Most of the burns are likely from transaction fees. SHIB’s burn initiative has destroyed billions of tokens till now. However, the number of tokens destroyed has seldom led to a price spike. Also Read: VeChain (VET) On Pace to Return to $0.1: Here’s When How High Will The Dog-Themed Crypto Go In Q1 2025? According to CoinCodex, SHIB’s price will spike to a new yearly high of $0.00004820 ...

Pepe and Dogwifhat (WIF)  Price Prediction For The Weekend?

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The cryptocurrency market is undergoing waves of transformation. With Bitcoin swaying in between $60K and $63K, the altcoins are also moving back and forth in terms of valuation, making it slightly difficult for investors to determine their future pace. Here’s what the technical portals have to say about Pepe and Dogwifhat’s price by the end of this weekend. Also Read: Shiba Inu: AI Predicts SHIB’s Price For The Weekend Pepe Price Prediction Pepe is currently trading at $0.000009364. The token is down 4% at press time but has been up 9% in the last seven days. As Bitcoin tanked due to rising geopolitical changes, Pepe has dropped drastically, following BTC’s pace. According to CoinCodex, Pepe may finally see a 20% uptick by October 6, 2024, stabilizing at a price of $0.00001122. Image: CoinCodex By the end of October, Pepe may surge by 220% to hit a new ATH of $0.00003058. Image: CoinCodex “According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to...

Solana-Based Popcat Rallies 30% After Binance Listing

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Solana-based meme coins have had an incredible run over the last year. Popcat (POPCAT) is currently one of the best-performing cryptocurrencies, rallying 31% in the last 24 hours and 23.6% over the last week. Source: CoinGecko The meme coin continues to glow red in the other time frames, falling 0.8% in the 14-day charts and 25.5% in the monthly charts. Also Read: Tron (TRX) To Hit $1, Here’s When Factors Driving Popcat’s Rally Source: 99Bitcoins Why is POPCAT Rallying? The Solana-based meme coin’s latest price surge could be due to Binance launching perpetual contracts for the token. Binance’s announcement was followed by KuCoin’s announcement of a POPCAT/USDT trading pair on its platform. Also Read: XRP: Ready to Rocket as Tether Bubble Bursts! According to the data from LookOnChain, a whale withdrew $5.73 million worth of Solana (SOL) from Binance and purchased 10 million POPCAT tokens following the exchange’s announcement. Crazy buying of $POPCAT! Afte...