Altcoin News Daily Official TheBitTimes.com

While altcoins and low-cap tokens have recently faced significant declines compared to their all-time highs, the broader market remains resilient. Optimism among investors is growing that this upward trend will persist in the coming days. Amid these developments, several meme coins are gaining attention for their growth potential. For those interested, the current market conditions present an opportunity to dollar-cost average into the coins listed below. Amaterasu Omikami (OMIKAMI) Amaterasu Omikami is an ERC-20 token that stands out as one of the most secure options on the Ethereum blockchain. It taps into the popular dog meme coin trend, which has been a dominant force in the meme coin market. With a fixed total supply of 1 billion tokens and zero presale team tokens, Amaterasu Omikami ensures there is no token dilution, contributing to its long-term stability. Additionally, 100% of its liquidity is locked on Uniswap, offering further assurance to investors. This coin is curren...

Prominent cryptocurrency analyst Ali Martinez has taken to X, sharing that Dogecoin (DOGE) whales purchased more than 1 billion DOGE in the last 24 hours, worth almost $108.7 million. #Dogecoin whales bought over 1 billion $DOGE in the last 24 hours, totaling roughly $108.7 million! pic.twitter.com/2aSevCd7Lm — Ali (@ali_charts) October 4, 2024 Also Read: Ethereum Drops 15% Amid Middle East Crisis: Key Insights for Traders The buying spree may be responsible for DOGE’s current price spike. The asset has rallied by 6.2% in the daily charts, 1.5% in the 14-day charts, and 12% over the previous month. The original memecoin is also up by 76.6% since October 2023. Despite the rally, the asset is still down by 12.3% in the weekly charts. Source: CoinGecko Reasons Behind Dogecoin’s Rally Elon Musk’s Influence DOGE’s latest rally could be due to Elon Musk reiterating his desire to accept the meme coin for Tesla vehicles. The electric vehicle manufacturer already accepts DOGE f...

In the upcoming week, the crypto market is set to experience significant token-unlocking events, with $213 million worth of digital assets scheduled to be released. These events have raised investor concerns, as token unlockings are often associated with increased selling pressure. Among these tokens is Avalanche, which will be the largest ecosystem releasing tokens during this period. In light of this, investors focus on potential opportunities in the altcoin market, as this occasion can have a ripple effect. With the potential for price fluctuations, now might be an ideal time to buy promising cryptocurrencies at lower prices. Best Crypto to Buy Now Uniswap recently announced that its cumulative front-end fees have surpassed $50 million, highlighting its increasing influence in the decentralized exchange (DEX). Meanwhile, Stacks benefits from positive market conditions, marked by strong buying interest and solid performance indicators. Similarly, STARS has reportedly raised over $...