Altcoin

NFT Marketplace X2Y2 Token Rallies as Team Refuses to Sell Unlocked Tokens

NFT marketplace X2Y2 announced that it will not sell any of its tokens when they unlock later today. The announcement has sent the value of the X2Y2 token up by 12.2% in the last 24 hours. X2Y2 developers said on Feb. 3 that their refusal to sell showed that their faith in the marketplace remains steadfast and that they are committed to its growth. 🪙Regarding the Upcoming Token Unlock🪙As many are aware, there will be a major token unlock that w...

Bitcoin Dominance Gains Could Be Bad News for ‘Alt Season’

Bitcoin and crypto markets are in retreat today, but BTC dominance has been climbing. This combination spells bad news for altcoins and any hopes of altseason soon. Bitcoin dominance returned to a two-year high over the weekend. The metric, which measures Bitcoin’s market share compared with every other crypto asset, reached 48.77% on April 30, according to Tradingview. Furthermore, it came just below 49% on April 12 but retreated soon after cat...

These Cryptos Could Dump in 2023 as Millions of Tokens Unlock From Vesting Period

The unlocking of millions of dollars worth of DeFi tokens in 2023 could spark a significant selloff as investors dump risky assets during an extended bear market. Several crypto projects, including move-to-earn project Sweatcoin and metaverse-focused Yuga Labs, will release additional tokens into circulation based on a vesting schedule in 2023, despite much of the crypto market still feeling the effects of the collapses of significant crypto fir...

Crypto Winter Takes Solana-Based Everlend Finance Out of Business

DeFi has been making waves in the financial world and one such platform, Solana-based Everlend Finance, was riding the wave until now. The Solana-based lending protocol has announced that it will be shutting down due to the lack of liquidity. Despite the platform’s potential and the team’s belief in Solana as an efficient chain for DeFi, they have decided to close down operations as they believe it would be a gamble to continue in current condi...

Bitcoin vs Altcoins: Which Should You Hold?

Bitcoin vs Altcoins: Since the inception of Bitcoin in 2009, the cryptocurrency market has expanded exponentially. While Bitcoin remains the most well-known and valuable digital currency, numerous altcoins have emerged, each with unique features and growth potential. So what are the differences between Bitcoin and altcoins? What factors should be considered when choosing which to hold? And what are their respective pros and cons? Bitcoin: The Pi...

10 Altcoins That Are Poised to Rally in the Next Few Weeks

Scott Melker recently uploaded a video to YouTube where he shared his altcoin picks. According to Melker, BTC flipping the $28,600 mark into support will trigger an altcoin rally. ETH, BNB, VET, ADA, and XRP are some of the altcoins highlighted in Melker’s video. Scott Melker from the “Wolf of All Streets” account recently uploaded a video to Youtube where he listed some altcoins to watch in the next altcoin bull run. According to the vi...

Recent Data Shows There Is a New ATH for ETH Addresses in Profit

Glassnode tweeted that the number of ETH addresses in profit (7d MA) has reached a new ATH. The tweet was made after the successful launch of ETH’s Shapella Fork. ETH’s price is currently trading at $2,107.05 after a 0.33% drop in the last 24 hours. The blockchain tracking firm, glassnode alerts (@glassnodealerts), tweeted this morning that the number of Ethereum (ETH) addresses in profit (7d MA) just reached an all-time high (ATH) of...

PEPE Price Up 60+% Despite A Whale Selling Billions Of Tokens

A whale recently sold billions of PEPE after the price of the meme coin rose. According to Lookonchain, this particular whale is well-known for selling PEPE when the crypto experiences a price increase. PEPE’s price is up by more than 60% despite the whale selling a huge amount of tokens. The on-chain analysis platform, Lookonchain, shared a post on Twitter yesterday about a particular Pepe (PEPE) whale and his habits during certain...
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