Day: February 11, 2024

Will Shiba Inu Overcome Correction Trend? Cosmos and Dogecoin Challenger Poised for Growth

In the dynamic world of cryptocurrency, investors are always on the lookout for the next big opportunity. With the market experiencing fluctuations and corrections, it’s essential to analyze the potential of various cryptocurrencies to determine their long-term viability. In this article, we’ll delve into the current state of Shiba Inu and explore the growth prospects of Rebel Satoshi ($RBLZ), a challenger in the realm of Dogecoin and Cosmos.

Shiba Inu’s Correction Trend

Shiba Inu (SHIB), known as the “Dogecoin killer,” has been experiencing a correction trend in recent weeks. Despite its significant decline in the daily chart, dropping from $0.00001195 to a recent low of $0.00000845, the cryptocurrency has shown resilience above the $0.0000085 mark. The current stability aligns with the 61.8% Fibonacci retracement and an ascending support trendline, suggesting a strong interest zone for buyers.

As Bitcoin reclaimed the $40,000 level, Shiba Inu‘s downward trend slowed, signaling a possible recovery. If SHIB manages to break above its current resistance trendline, it could confirm a recovery trend and pave the way for a potential rise to $0.0000105, followed by $0.000012. However, a failure to maintain support levels may intensify selling pressure and lead to a further decline in SHIB’s value.

Cosmos: A Growing Contender

Amidst the market volatility, Cosmos (ATOM) has emerged as a promising contender in the cryptocurrency space.

With its focus on interoperability and scalability, Cosmos aims to address the challenges faced by blockchain networks. As the demand for cross-chain communication grows, Cosmos’ innovative solutions position it as a top cryptocurrency to watch for long-term investment.

Rebel Satoshi ($RBLZ): A Rising Star

Rebel Satoshi ($RBLZ) is making waves as a challenger in the competitive landscape of cryptocurrencies. Built on the Ethereum network, $RBLZ offers a unique value proposition with its smart contracts audited by a top auditing firm, Source Hat. This is why it is regarded as the best memecoin. The ongoing presale of $RBLZ has garnered significant attention, with over 123 million tokens sold and close to $1.8 million raised.

With the presale of Rebel Satoshi nearing its conclusion, investors have a prime opportunity to participate in this innovative project. The initial launch price for $RBLZ is set at 0.025 USDT, and previous rounds have sold out quickly, underscoring the high demand for this cryptocurrency. As the cryptocurrency market evolves, Rebel Satoshi remains a top crypto to buy for those seeking exposure to the potential growth of emerging projects.

Invest in Rebel Satoshi ($RBLZ)

In conclusion, the cryptocurrency market presents a myriad of opportunities for investors looking to diversify their portfolios. While Shiba Inu navigates through a correction trend, Cosmos and Rebel Satoshi ($RBLZ) emerge as contenders with significant growth potential. Whether it’s investing in established cryptocurrencies like Cosmos or participating in the presale of Rebel Satoshi, staying informed and strategic is key to navigating the ever-evolving landscape of cryptocurrency investment.

As the Rebel Satoshi presale draws to a close, now is the opportune moment to invest in this promising cryptocurrency. With over 100 million RBLZ tokens sold close to $1.8 million raised, Rebel Satoshi presents a lucrative investment opportunity. Don’t miss out on the chance to be part of the next big thing in the crypto space. Join the presale today and secure your stake in the future of Rebel Satoshi.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

The post Will Shiba Inu Overcome Correction Trend? Cosmos and Dogecoin Challenger Poised for Growth appeared first on CoinJournal.

Mantra, Kaspa price surges as Bitbot token sale hits $507k

Mantra (OM) and Kaspa prices continued their bull run during the weekend as demand for their tokens jumped and as the crypto fear and greed index rose. OM was up by more than 15% in the past 24 hours and by 98% in the past 7 days. Simialrly, Kaspa jumped by 2.7% and 40% in the two sessions, respectively. 

Bitbot token sale crosses $507k

The other big crypto news story of the weekend was that Bitbot finally crossed the $500k mark in its strong token sale. This is a strong performance considering that the sale started a few weeks ago. It makes it one of the fastest-growing token sales in the market.

For starters, Bitbot is a company that wants to change the Telegram trading bot market. It aims to do that by creating a safe trading bot that has additional features like artificial intelligence, wallet integrations, and has advanced track record of performance. 

The platform will be powered by the $BITBOT token, which will have several important utilities in the network. For example, holders will be able to take part in the network’s governance and even earn rewards. They will also take a share of the platform’s profits in the future. 

BitBot joins other successful networks that have raised millions in the past few months. Metacade raised over $10 million in 2023 and is now worth over $15 million. Other successful sales have been AltSignals and Everlodge. You can buy the BitBot token here.

However, it is worth noting that there are risks for investing in presale tokens. The most important risk is that these presales are usually not regulated by leading authorities. Further, there is a risk that the token will not do well when it goes public. 

Therefore, it is always important to use the best risk management practices when investing in these tokens. For example, you should only invest in funds that you can afford to lose and also do your research.

Mantra and Kaspa jump

The other important news was the surge of Mantra and Kaspa. Mantra’s token has surged, giving it a market cap of over $250 million. For starters, Mantrais describes itself as the first vertically integrated and regulated blockchain ecosystem. Its OMniverse is made up of the finance, chain, and DAO segments.

The finance segment is a platform that provides a platform where users can trade, issue, and earn money from crypto and tokenized assets. The chain, on the other hand, allows people to build their own decentralized applications while the DAO allows people to participate in the network. Mantra token has surged as investors cheer its innovative solutions.

Kaspa, on the other hand, has soared because of the ongoing strength of cryptocurrencies. Bitcoin has settled above $48,000 while other coins like Ethereum and Solana have soared. In most cases, cryptocurrencies tend to have a close correlation with each other.

The post Mantra, Kaspa price surges as Bitbot token sale hits $507k appeared first on CoinJournal.

Whales Accumulate $50 Million in $LINK as Price Climbs Higher; $GFOX Presale 98% Sold Out

$LINK’s bullish trend continues, and large-scale investors are responding accordingly. News/events related to the cryptocurrency suggest the sentiment is bullish, and market participants are optimistic about its outlook. $LINK is up by about 40% in the last 30 days, making it another profitable crypto coin like the fast-growing $GFOX. 

Galaxy Fox ($GFOX) is nearing its retail launch, and market participants expect a major price boost at this stage. This makes now a profitable time to purchase the presale token. However, investors eyeing this profit must act fast, as $GFOX is 98% sold out. 

Missed the Early $GFOX Train? You Can Still Get In 

All hope isn’t lost if you miss the first six $GFOX presale stages. The other stages are still profitable entry points, but early participants gain the most. Regardless, Galaxy Fox presale is an excellent opportunity to buy the next token to blow up for cheap, for a potentially high ROI. 

The presale is rounding up the seventh stage, with over 98% sold out. While there are three other stages left, missing this stage means you’ll buy at a higher price in the next stage. 

Meme ICOs have been a safer commitment option over the years, provided you find the right project. Galaxy Fox has all the features of the right projects, as it boasts high profitability and safety. The crypto project passed necessary security tests, and unlike most meme projects, it has tangible utility. 

Galaxy Fox has a stake in the GameFi sector with its P2E runner game. This implies that the GameFi sector’s growth can drive positive price action for $GFOX. This is in addition to its meme utility. The Galaxy Fox ecosystem provides passive earning opportunities for members via P2E gaming, token staking, and holding digital item collections. 

$GFOX functionality in every top sector, particularly the web3 space, makes it susceptible to high adoption. It will increase its prominence and position it as a leading crypto coin. This is why getting a stake in its presale is essential to avoid missing out on potential huge returns. $GFOX is billed to blow up when it gets on top exchanges. Be sure to get in before then. The more the delay, the lesser the potential return. 

Buy Galaxy Fox Presale

Whales Stack $LINK Following Impressive 30-Day Return 

LookonChain analysis reveals that crypto whales have stacked up about $50 million worth of Chainlink ($LINK) in the past few days. The source revealed that a large-scale investor or institution withdrew about $49.9M worth of $LINK from Binance, using 49 new wallets. This came after $LINK set a 22-month high of $19.68. While the wallet’s owner remains unverified, LookChain reveals the wallets hold around $230,000 – $3.5 million worth of LINK each. 

Pundits believe the increasing tokenization of real-world assets is one of the major driving forces behind LINK’s bullish rally. Major platform upgrades and integration of new features like Cross-Chain Interoperability Protocol (CCIP) and Circle’s Cross-Chain Transfer Protocol also played little role in $LINK’s price improvement. The altcoin is looking good by all accounts. It recently crossed the $11 billion market capitalization value. 

While it could not maintain the valuation, it’s still much nearer, at $10.9+ billion. This reflects $LINK’s price improvement in the last month. 

Per Coingecko data, $LINK is up by 0.48% to $18.53, after a decline to $18.43 from $19.24 in 24 hours. The outlook looks great for the cryptocurrency, and it’s expected to set a new all-time high before the year ends. 

As the bullish momentum continues, analysts expect the altcoin to push towards $30 in the coming weeks. $LINK could finish the year with a peak price of $70, making it one of the top crypto coins to watch out for. 

Conclusion 

Crypto whales are piling into $LINK’s bullish trend, and smart investors are taking advantage of the opportunity in the pre-bull market run-up. The cryptocurrency is performing extremely well, with about  40% increase in the last month. 

$LINK hopes to break into the $20+ price zone soon, and a more impressive surge could follow. Galaxy Fox is another altcoin showing exceptional strength. The meme coin has sold 98% of its presale, as enthusiasts anticipate its predicted profit-yielding retail phase rally. Potential investors could make up to 100x profits if they join the presale now. 

Learn more about $GFOX here:

Visit Galaxy Fox Presale | Join the Community

The post Whales Accumulate $50 Million in $LINK as Price Climbs Higher; $GFOX Presale 98% Sold Out appeared first on CoinJournal.

Bitcoin tops $48k for the first time since 2022 as Bitcoin Dogs’ presale commences in three days

Key takeaways

Bitcoin has crossed the $48k mark for the first time since 2022.

Bitcoin Dogs presale will commence in three days and will be the first BRC-20 ICO on the Bitcoin network. 

Bitcoin eyes the $50k mark following its recent rally

The cryptocurrency market has been bullish since the start of the year, with prices soaring to new levels. Bitcoin, the world’s leading cryptocurrency by market cap, has crossed the $48k level for the first time since 2022.

At press time, the price of Bitcoin stands at $48,080 per coin. Bitcoin’s rally has also seen other leading cryptocurrencies reach new levels, with Ether now trading above $2,500 per coin.

What is Bitcoin Dogs?

With Bitcoin leading the market charge at the moment, it is expected that projects launching on the Bitcoin blockchain will take centre stage. One such project is Bitcoin Dogs. 

Bitcoin Dogs is a pioneering project that is leveraging the power of the Bitcoin network. It is a unique project because it is the first BRC-20 token ICO. Bitcoin Dogs is set to offer investors an excellent value proposition because it combines elements of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), and Web3 culture to create an immersive experience for investors and enthusiasts alike.

Bitcoin Dogs will also be launching at a time when Bitcoin’s price is approaching its previous all-time high and the recent launch of spot Bitcoin ETFs in the United States. 

In the last, most presales in the crypto market have been ERC-20 and BNB tokens. However, Bitcoin Dogs is changing the narrative by introducing $0DOG, its native token, as a novel investment opportunity on the Bitcoin blockchain. 

The development team intend to use the token to underscore the potential for growth and adoption within the Bitcoin ecosystem.

Bitcoin Dogs presale commences in three days

The Bitcoin Dogs presale is set to commence in three days and will usher in a new era within the Bitcoin ecosystem. 

$0DOG will be the first BRC-20 token ICO on the Bitcoin network. According to the team, there would be 900 million tokens minted. The project will also offer investors access to an exclusive NFT collection and an immersive gaming ecosystem reminiscent of popular titles like Axie Infinity and Tamagotchi. 

The token could gain massive adoption in the medium to long term thanks to its unique blend of utility and entertainment. The team revealed that the presale will last for only one month. Thanks to the rarity and novelty of BRC-20, investors could record massive profits if the project gains the right level of adoption. 

However, while the tokens will be minted on BRC-20, investors will purchase the tokens on ERC-20, with investors providing a BTC wallet address. The address an investor provides will then receive Bitcoin Dogs tokens. The project will also take advantage of the NFT market by creating an NFT collection. 

Click here to learn more about the Bitcoin Dogs presale. 

Should you buy the Bitcoin Dogs token?

$0DOG could be one of the biggest winners in this Bull Run as it is set to take advantage of the Bitcoin network. 2024 is slated to be the start of a new Bull Run and Bitcoin is already eyeing the $50k mark. 

With the Bitcoin halving in less than three months, altcoins such as $0DOG could rally higher. Furthermore, the US Federal Reserve is expected to cut interest rates over the coming months, pushing more investors into the crypto market. 

With the right level of adoption, Bitcoin Dogs could record massive gains in the coming months and years, similar to the success recorded by Bitcoin Cats (achieved $50M 24-hour trading volumes soon after launch). 

The post Bitcoin tops $48k for the first time since 2022 as Bitcoin Dogs’ presale commences in three days appeared first on CoinJournal.

Arbitrum to Skyrocket 120%, Ethereum’s new daily addresses increases, NuggetRush enters last presale stage

Crypto analyst Michael van de Poppe has predicted that Arbitrum will rise to $3.
Daily new addresses on the Ethereum network will be increased in 2024.
NuggetRush is at the last stage of its token presale, and investors are currently looking forward to its launch.

Top crypto analyst Michael van de Poppe has made a bullish prediction for Arbitrum, projecting a rise of 120% to $3.00. In other news, the Ethereum network has seen a notable uptick in daily new addresses in 2024. 

Meanwhile, NuggetRush has entered the final stage of its crypto ICO presale, with investors awaiting its official launch.

NuggetRush (NUGX) at the last presale phase

NuggetRush (NUGX) is making waves in its blockchain ICO stage, standing out as a fun meme coin that introduces users to play-to-earn gaming. On this platform, players get to enjoy a thrilling mining game where they can make money while having fun.

The game is packed with different challenges, with the coolest NFT rewards up for grabs. Also, players get to run their own mining gigs in NuggetRush, making smart moves and learning more about business management.

Those players who have top-notch equipment have higher chances to win bigger prizes. So, players are advised to upgrade their equipment as they play. NuggetRush also allows players to team up. So, you can join forces with others to search for minerals and carry out other mining challenges.

Meanwhile, the current price of NuggetRush’s NUGX is $0.018, a 20% pump from the previous round. This is the last round of this presale. Smart investors are already getting in and doubling down on their investment before the presale ends.

Analysts are already projecting 50x returns for investors who join now. So, jumping into the NuggetRush presale now is a smart move if you want to grow your assets as this DeFi project expands.

Arbitrum (ARB) likely to rise to $3 

Renowned cryptocurrency analyst Michael van de Poppe is confident that Arbitrum (ARB) could soon attain his earlier forecast of a 120% increase, reaching the $3.00 level. This optimism follows a downturn in the Arbitrum price after an initial 55% surge to its ATH of $2.39 last month.

In a post on X, Poppe pointed out that the recent 35% decrease in Arbitrum’s price might signify the end of bearish trends. With the altcoin price now steady, he believes a rebound in Ethereum’s price could greatly increase Arbitrum’s worth.

Meanwhile, the Arbitrum price chart indicates that the coin is now trading in accordance with analyst expectations. Arbitrum’s price has risen 11.3% and 9.4% over the last 14 and 7 days, respectively, according to CoinMarketCap.

Ethereum (ETH) new addresses continue to grow 

Ethereum (ETH) has steadily increased its usage in 2024, establishing itself as the second-largest cryptocurrency by market capitalization. Interestingly, the number of new Ethereum addresses has increased during 2024. 

Etherscan data shows that the network generated around 3.54 million new addresses in 2024. The daily growth rate of unique Ethereum addresses in 2024 averaged 95,570, with a significant increase of 96,145 addresses on February 6th alone.

The increased number of new addresses could be attributed to a variety of things, including the prospective spot Ethereum ETF and the Decun update. The Decun update promises to lower network transaction expenses by 90%. 

Meanwhile, the ETH price has ranged between $2,264.19 and $2,442.97, with a 7.0% weekly price pump.

Final Thoughts 

Several altcoins are again trading in the green, following a dismal phase in January. FOMO has increased in the market as investors look for promising cryptocurrencies. 

One altcoin on their list is NuggetRush’s NUGX token, which has soared over 80% in recent weeks. Analysts expect NuggetRush to climb like Arbitrum after its inception.

The post Arbitrum to Skyrocket 120%, Ethereum’s new daily addresses increases, NuggetRush enters last presale stage appeared first on CoinJournal.


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