Chain News Daily Official TheBitTimes.com

The Meme Index ($MEMEX) presale has surged past $2.7 million as the project celebrates the one-month anniversary of its fundraising campaign. Crypto’s breakout sector of 2024, meme coins, is making headway to notch another bullish year, with the collective value of all tokens hitting $107 billion as of Wednesday. Respected meme coin advocate Murad Mahmudov even listed his picks for the tokens that will go “ballistic” in 2025, as he anticipates further growth for the sector this year. Thanks to Murad’s picks, the community has begun wondering whether an index has already been created for the industry’s most memetic assets, and the truth is, yes – it’s relatively nascent. Meme Index has developed four baskets of meme coins with varying degrees of risk for investors to choose from. Users have the option to create their own index and include all of Murad’s picks by holding the project’s native token, ...

The Hive AI price has soared 68% in the last 24 hours to trade at $0.07307 as of 3:20 a.m. EST on a 56% pump in trading volume to $56 million. Hive AI Price Breaks Above A Descending Triangle The BUZZ/USD hourly chart highlights a bullish breakout following the formation of a descending triangle pattern. Descending triangles are bearish continuation patterns, but in this case, the price action reversed near the $0.04 support level, leading to a bullish reversal. The breakout was confirmed as the price surged above the descending trendline at approximately $0.073, signalling renewed buying momentum. The 50-period Simple Moving Average (SMA) acts as dynamic support, with the price currently trading above $$0.07307. This indicates a shift in sentiment toward the bulls in the short term. BUZZUSD Analysis Source: Dextools.io The Moving Average Convergence Divergence (MACD) further supports this outlook, with the MACD line crossing above the signal line and positive momentum reflecte...