Markets
Are Crypto Markets About to Explode? – The newest explosive investment options
After a period of price declines, Bitcoin’s value has increased by 14.69% during the last seven days. According to CoinMarketCap, its value is now $70,995.29. Meanwhile, Ethereum’s value has increased by 25.72% over the past week and its value currently stands at $3,664.49. The rise in prices of the two most important cryptocurrencies on the market is now generating claims that cryptocurrency markets are about to explode. This is the reason why many investors rush to prepare by investing in the cryptocurrencies with the greatest potential. This article will cover the newest explosive investment options that investors shouldn’t miss, so let’s get to it!
>>>Buy the best Cryptos here!<<
7 Latest Explosive Cryptocurrencies to Invest in Now
BTC and ETH prices determine how other cryptocurrencies react, and judging by their values, now is the time to prepare. These are the cryptocurrencies that have the greatest potential for explosion in the following period due to the features they offer:
- Dogeverse ($DOGEVERSE)
- WienerAI ($WAI)
- Selana ($SEAL)
- 99 Bitcoins ($99 BTC)
- 5th Escape (5SCAPE)
- Sponge V2 ($SPONGE)
- DogLibre ($DOGL)
Read on to find out more about the reasons behind the massive popularity of these cryptocurrencies!
>>>Buy the best Cryptos here!<<
1. Dogeverse ($DOGEVERSE) – The Multichain Meme Coin About to Hit Exchanges
Dogeverse is a meme coin that shows that it has what it takes to conquer the market and has had a significant impact quickly. Its unique multichain approach, compatible with Polygon, Base, Binance Smart Chain, Ethereum, Solana and Avalanche, sets it apart and makes it highly desirable. This broad compatibility attracts meme coin traders looking to diversify their portfolios.
Another standout feature of Dogeverse is APY staking. Notably, the APY will decrease over time, making early staking crucial for those planning to participate in the presale and purchase Dogeverse tokens. Early investors have already taken advantage of this opportunity, leading to a hugely successful pre-sale that has raised over $15 million to date. Now that the pre-sale is about to end, there is limited time left before the official release of $DOGEVERSE, so time is of the essence for anyone looking to participate. Join the early investors before the price of $DOGEVERSE goes up!
2. WienerAI ($WAI) – The latest dog-themed meme coin on the rise
WienerAI combines the dog theme but presents it in a different light. After many cryptos embrace the Shiba Inu breed, this one is different – it features a wiener dog and pairs it with Al. This meme coin aims to follow in the footsteps of Bonk, Myro, Dogecoin, and Shiba Inu. Currently available through a multi-stage token pre-sale, each stage offers a slightly higher token price than the previous one.
It is best to purchase tokens as early as possible to participate in the pre-sale and secure the lowest token price. To purchase $WAI, visit your Ethereum wallet on the $WAI Inu presale website and use ETH or USDT for the transaction. After purchasing $WAI tokens, you can stake them immediately to enjoy generous staking rewards. The event has already raised over $2.5 million, so invest today for the biggest profits in the future. Stay up to date with the Wiener Dog AI token presale and project developments by following them on X and add it to your portfolio before it’s too late!
3. Sealana ($SEAL) – Meme Coin with Potential to Make Noise
Crypto investing is highly attractive and it is easy to fall into the obsessive search for the next big thing. Sealana shows this with humor by presenting a chubby stamp pasted on the PC, depicting the truth that few of us can face. Inspired by the World of Warcraft guy from South Park, Sealana is the newest SOL meme coin that implements a ‘Send to Wallet’ style presale. Said to be created by the creators of the viral token SLERF, which saw massive gains in March 2024, Sealana is poised to make an impact.
Users can purchase $SEAL through the website widget or by sending SOL directly to the presale wallet. After the pre-sale ends, participants will receive token airdrops. Currently, a $SEAL costs just $0.022, but the price will increase as the pre-sale progresses, so early participation is highly recommended. If you choose to pay by sending tokens directly to Sealana’s wallet, be sure to use a DEX wallet as CEXSealana tokens qualify for airdrop.
4. 99Bitcoins ($99BTC) – Platform that rewards investors for learning
Navigating the crypto market can be challenging because it is relatively new. As the market has potential for explosion, some guidance is necessary for new, inexperienced investors. This is why the 99Bitcoins platform has enormous potential to become an irreplaceable tool for investors. In 2024, 99Bitcoins transitioned to a “learn-to-earn” crypto platform, offering staking rewards, community benefits, and access to trading signals. The native token, $99BTC, recently started its pre-sale campaign. Out of a total supply of 99 billion tokens, 14.85 billion are allocated for presale.
Token holders gain access to VIP groups, allowing them to connect with individuals with similar goals and improve their crypto knowledge. Additionally, $99 BTC holders receive specialized trading signals, keeping them ahead of the curve in the fast-moving markets. The main benefit is access to a comprehensive curriculum of basic and advanced cryptography learning modules. As members progress through the curriculum, complete assessments, and participate in quizzes, they are rewarded with cryptographic tokens. The platform aims to reach a cap of $11 million at the end of the pre-sale and is getting closer to that goal, so join while you can!
5. 5th Scape (5SCAPE) – Cryptography opening doors to virtual reality
5th Scape is transforming the virtual reality (VR) gaming landscape with its innovative Ethereum-based platform, offering an unparalleled immersive metaverse experience. This next-generation platform uses ultra-realistic 3D graphics, precise motion tracking and full-body immersion to redefine virtual entertainment. Catering to diverse gaming interests, 5th Scape has an extensive lineup of games.
People who enjoy adrenaline-filled games will certainly find Cage Conquest’s intense MMA battles appealing, while strategic players can dive into Epic Arena’s medieval combat, showcasing the platform’s versatility.
In addition to gaming, 5th Scape offers premium VR headsets and ergonomic gaming chairs to enhance the user experience. The 5SCAPE token is an integral part of the ecosystem, allowing users to purchase games, access exclusive content and purchase hardware. For those eager to experience the future of gaming and VR technology, 5th Scape offers a compelling opportunity to be part of a cutting-edge platform that seamlessly combines entertainment, education and innovation. This very appealing project is about to grow in the next period, so make the most of it!
6. Sponge V2 ($SPONGEV2) – Updated version of the Meme coin that has already achieved great success
After $SPONGE achieved massive success in 2023, $SPONGEV2 was introduced as an updated version promising to be bigger, better and more absorbent. This is significant considering the original token soared 100x after its launch and reached a market cap of $100 million. The sale of $SPONGE V2 offers substantial benefits to investors. According to the $SPONGE whitepaper, the only way to get V2 tokens is by bridging V1 tokens.
Investors who stake and permanently lock their V1 tokens will receive four years of $SPONGE V2 staking rewards, providing a huge reward for early adopters of the new token. The potential of $SPONGE V2 is enormous. The launch of a new play-to-earn (P2E) crypto game is one of the next steps, with more details available on the SPONGE Discord channel. Additionally, the project aims to list $SPONGE on major exchanges such as Binance and OKX to “absorb moisture throughout.” These listings could have a rocket fuel effect on meme coins, as happened with Binance’s recent $BONK and $MEME token additions, so secure your tokens in time!
7. DogLibre ($DOGL) – Meme Coin Advocates Dog Adoption
Additional utility is becoming a norm when it comes to meme coins. DogLibre is no exception as it is an innovative meme coin dedicated to supporting our furry friends. Through its decentralized cryptocurrency platform, DogLibre aims to promote the adoption of stray dogs across the world. At the heart of the DogLibre ecosystem is $DOGL, its native cryptocurrency.
$DOGL acts as a governance token, supporting dog adoption initiatives, purchasing NFTs, and access to a metaverse environment. A significant advantage of purchasing $DOGL during the pre-sale is the potential for investors to secure a better deal on the asset. Recent meme coins such as Pepe and Bonk have seen substantial returns after presale, showing that this is a meme coin worth considering.
>>>Buy the best Cryptos here!<<
Conclusion
Following the Bitcoin Halving, analysts anticipated a calmer period followed by a bull run. Judging by the prices we can see today, we could be in for an explosive period, so time is of the essence. $DOGEVERSE, $WAI, $SEAL, $99BTC, 5SCAPE, $SPONGE and $DOGL bring something new to the market, so investing in them can be rewarding in many ways. Don’t miss this opportunity and add them to your portfolio!
Markets
Crypto Markets Rebound as Spot Bitcoin ETFs Attract Massive Inflows
This week saw $722 million worth of Bitcoin spot ETF inflows, including the largest daily inflow in a month.
Cryptocurrency markets rallied on Wednesday, driven by inflows into spot Bitcoin exchange-traded funds (ETFs).
The price of Bitcoin (BTC) is up 3% over the past 24 hours to last change hands at $65,200, according to CoinGecko. Ethereum (ETH) is up 2% and is trading at $3,471. Solana (SUN) and Polkadot (POINT) increased by 4%.
Bitcoin spot ETFs saw $422 million in daily inflows on Tuesday, the highest in the past 30 days, according to Far side data, . The all-time record for a single day was $1.05 billion on March 12.
Among Tuesday’s top contributors, BlackRock’s IBIT led with $260 million in inflows, followed by Fidelity’s FBTC with $61 million. This week has already seen more than $722 million in inflows.
Among the top 100 cryptocurrencies by market cap, Worldcoin (WLD) led with a 28% increase, followed by Helium (HNT) with 20% and Lido DAO (LDO) with 15%.
Worldcoin, a decentralized identity project led by OpenAI CEO Sam Altman, announced is extending the lockups for early investors and team members. This means that tokens will be gradually released through 2029, instead of the original 2027 plan. Token unlocks are generally seen as a negative because they increase supply and early investors can sell their tokens for profit.
Meanwhile, XRP, the token of the XRP Ledger network, jumped 8% after the CME and CF benchmarks introduced new indices and reference rates for XRP.
U.S. stocks faced a downturn on Wednesday. The S&P 500 fell 1%, while the Nasdaq Composite and Dow Jones Industrial Average both fell 2%.
Markets
Altcoins on the cusp of a major breakout – WLD, AR, and INJ prices could surge by 20% in the coming days
Crypto markets appear to have been taken over by the bulls as major tokens have surged above their crucial resistance zone. Bitcoin surged above $65,000 while Ethereum was above $3,500, and XRP, which had remained passive for quite some time, surged over 40% in the past few days to hit $0.6. The uptrend has been captured in most altcoins, with Worldcoin (WLD), Arweave (AR), and Injective (INJ) leading the rally. Here’s what to expect for these tokens in the coming days.
Worldcoin (WLD) Price Analysis
O Worldcoin Price has been trading inside a descending wedge since it marked a new ATH near $12 in the final days of Q1 2024. The recent price action helped the price break out of the upper resistance of the wedge, breaking above the crucial resistance zone between $2.21 and $2.39. Market sentiments have changed, but technicals suggest that the bulls may remain passive for a while, which could offer some room for a bearish pullback.
The price broke out of the wedge with a significant increase in volume, but the current volume suggests that the bulls have taken a step back. Meanwhile, the RSI is about to reach the upper boundary, which could attract bearish forces. Additionally, the DMI has undergone a bullish crossover, but the decline in the ADX suggests that the rally may remain consolidated above the gains. Therefore, the WLD price is expected to maintain a horizontal consolidation between $3 and $3.3 and trigger a fresh rally to $4.4 during the next bullish rally.
Arweave (AR) Price Analysis
Arweave formed a strong base around $25, which helped the rally trigger a recovery during the bearish attack. Mt. Gox and German terror forced the price to fall below $20. However, the recent price action has brought the altcoin within the bullish range and raised expectations of maintaining a decent uptrend for a few more days.
AR price has hit one of the major resistances around $30 to $31.5, which could act as a strong base once overcome. The buying volume is slowly increasing, which could keep the bullish hopes for the rally high. Moreover, the supertrend has just flashed a buy signal, indicating a clean reversal of the trend. Therefore, AR price seems primed to maintain a healthy uptrend and rally above $40. However, if the bulls maintain a similar trend, making new highs above $50 may not be a tedious task for the bulls.
Price Analysis of Injective (INJ)
Injective price has been showing sharp strength since the beginning of the year and hence, the recent turnaround is expected to revive a good uptrend going forward. The bears engulfed the rally to a large extent, but the recent price action suggests that the bulls have regained their dominance. Therefore, INJ price is expected to maintain a strong uptrend with a bearish interference on the way down.
INJ price has surged above the lower support zone and has registered consecutive bullish candles. Although the volume is below the required levels, the OBV is maintaining a sharp uptrend. Furthermore, the Ichimoku cloud lead span B is heading towards the lead span A and a healthy crossover indicates the start of a new uptrend. However, INJ price may be out of the bears’ reach once it secures the resistance zone between $30.77 and $32.12, which seems to be on the horizon.
Markets
Ethereum at $3.5K, Exchange Supply Hits 34-Month High
Ethereum (ETH) supply on exchanges has hit a 34-month high as the asset’s price surpassed the $3,500 mark.
ETH has risen 2.3% over the past 24 hours and is trading at $3,490 at the time of writing. The second-largest cryptocurrency — with a market cap of $419 billion — briefly touched an intraday high of $3,517 earlier today.
ETH Price, Whale Activity, RSI, and Exchange Supply – July 17 | Source: Santiment
Ethereum’s daily trading volume also increased by 7.6% to reach $19.8 billion.
According to data provided by Santiment, the supply of Ethereum on exchanges has reached $19.52 million ETH. This level was last seen in September 2021, when the asset was trading around the same price.
On the other hand, data from the market intelligence platform shows that the number of whale transactions has fallen by 12% in the last day — falling from 8,730 to 7,629 unique transactions per day.
The move shows that the supply of Ethereum on exchanges has been increasing with small deposits rather than large transactions from whales.
Additionally, the ETH Relative Strength Index (RSI) is currently hovering at the 60-mark, per Santiment. The indicator shows that Ethereum is slightly overbought at this price point, but it may not be in a critical position due to its large market cap.
One of the main drivers of Ethereum price increase is ETH spot expectations ETFs in the US Investment products are scheduled to start trading on July 23rd.
Markets
Bits + Beeps: How to Play the ‘Trump Trade’ in Cryptocurrencies After the Assassination Attempt
Also, how much will the Fed cut rates (and when)? What will be the inflows into ETH ETFs? And what is the near future for Bitcoin?
Posted on July 17, 2024 at 12:00 PM EST.
Listen to the episode at Apple Podcasts, Spotify, Capsules, Source, Podcast Addict, Pocket molds, Amazon Musicor on your favorite podcast platform.
In this episode of Bits + Bips, hosts James Seyffart, Alex Kruger and Joe McCann, joined by guest Jack Platts, dive into the market reaction to the recent assassination attempt on former President Donald Trump, analyzing how this event will influence the 2024 US presidential election and the cryptocurrency markets.
They also cover potential rate cuts: Could there be a cut in July? How big could the September rate cut be? Could the decision be influenced by the upcoming election?
They also give their predictions on what percentage of BTC ETF inflows the ETH ETFs will reach, and James talks about what he expects for Grayscale’s ETHE (hint: his outlook would be positive for ETH).
Finally, they delve into what’s next for Bitcoin as the German government runs out of BTC and Mt. Gox distributions begin. Just now?
Program Highlights:
- Whether Trump’s shooting decided the election and whether the event caused a “flight to safety”
- How election markets are becoming a place to watch election probabilities and whether cryptocurrencies “lean right”
- Whether rate cuts will occur in July or September and by how much they will cut: 25 bps or 50 bps
- How Joe sees the relationship between global liquidity cycles, rate cuts, and the potential rise of Bitcoin
- What are the new updates about Ethereum ETFs and their expected launch?
- Why Solana Hasn’t Performed Significantly Better Since Trump News
- What Market Breadth Indicates About the Current Market Rally and the Impact of Rates on Small Caps
- Everyone’s predictions on ETH ETF inflows and how much outflow we’ll see on Grayscale’s ETHE
- What’s Next for BTC After German Government Exits Bitcoin and Mt. Gox Giveaways Starting This Week
Hosts:
Guest:
- Jack PlattsCo-Founder and Managing Partner of Hypersphere Ventures
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