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The cryptocurrency market rally seems to be dimming out. Bitcoin (BTC) climbed to a new all-time high of $122,838 on July 14, but has since fallen to the $117,000 level. Most other assets are following BTC’s trajectory on the daily charts. Bonk (BONK), however, continues to trade in the green zone across the board. The memecoin is up 10.4% in the daily charts, 26.9% in the weekly charts, 109.7% in the 14-day charts, and 96.9% over the previous month. The coin’s price has also risen by 20.5% since July 2024. Source: CoinGecko Will BONK’s Rally Outshine The Larger Market Upswing? Source: Decrypt It appears BONK has yet to face a dip, while other assets are already in a downtrend. The project’s “memecoin” status may have something to do with its performance pivoting from the larger market. Memecoins are heavily subject to speculation. Online buzz plays a large role in the price swings of meme tokens. BONK’s rally is likely due to the team announcin...

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The cryptocurrency market is currently moving at a mellow pace. The market is yet to embrace that high-end rush, the ones that are known to help Bitcoin and major altcoins to outperform their current price lows. One of the primary reasons that is currently steering the market away from exploring such highs is the low retail interest. While institutional adoption of Bitcoin and major cryptocurrency assets has hit a new high, the retail sentiment, on the other hand, has taken a steep dip as geopolitical tensions continue to weigh on investors’ minds. However, retail is bound to bounce again, and when it does, these two coins will explode, the first to hit new highs, per noteworthy analyst Virtual Bacon. Also Read: XRP Will Not Stop Until It Hits $50: Analyst Spots Unique Ripple Signs Which Two Cryptocurrency Coins Are Delivering Major Gains When Retail Buyback Begins? Source: Reddit Retail sentiment of the cryptocurrency market at the moment is quite mellow. The common investor seem...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The global non-fungible token market has recorded positive growth again this week, recording a trading sales volume of $128 million, up 11% in the past seven days. This growth is likely driven by a combination of increasing mainstream adoption, advancements in technology, and changing consumer preferences. In this article, we shall explore in-depth the full state of the NFT market this week as well as what traders should expect in the coming week and beyond. NFT Sales Rise +11% This Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has surged in trading sales volume again this week. In the past seven days, the NFT market has raised a trading sales volume of $128 million, up 11% from the past month. The NFT market raised a trading sales volume of $115 million last week, up 10% from the previous month. Ethereum, the blockchain network renowned in ...

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” s...

VeChain saw a fantastic run this week after Bitcoin hit an all-time high of $82,379. The broader cryptocurrency market is brimming with positivity as leading altcoins hit new highs this month. VET rallied close to 35% on the heels of the US election result and is currently trading at $0.026. Also Read: Cardano (ADA) Forecasted To Rise 120%, Breach $1: Here’s When Investors who took an entry position days before the U.S. election results made massive profits in VeChain. Now that the markets kick-started a storm, will VET move further up in the charts? In this article, we will highlight whether taking an entry position in VeChain is a good choice. Also Read: Massive XRP Bull Run: Target $1 Before Trump’s Inauguration? Should You Invest in VeChain (VET) Now? Source: Unsplash Leading on-chain metrics and price prediction firm CoinCidex has painted a rosy picture for VeChain. According to the price prediction, VET could reach a maximum high of $0.036 next month in December 2024. That’s...