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The creators of the crypto analytics firm Glassnode are warning that altcoins could lose all bullish momentum following last week’s market correction. Jan Happel and Yann Allemann, who go by the handle Negentropic on the social media platform X, tell their 63,400 followers that “altcoin season,” which they say began in late November, could come to an abrupt end after alts witnessed deep pullbacks over the last seven days. According to the Glassnode co-founders, traders and investors will likely have a risk-off approach on altcoins unless Bitcoin recovers a key psychological price point. “Is This the End of Altcoin Season? Bitcoin dominance is surging after dipping below $100,000, while altcoins are losing critical supports. Dominance has risen and resumed its upward trend, signaling a stronger BTC environment. If BTC stabilizes above $100,00, we might see a pump in altcoins now in accumulation zones. Until then, Bitcoin appears poised to ...

The altcoin market looks promising, and many altcoins are recording gains. Bitcoin (BTC) reached two new all-time highs this month; first above 100K, then 108,319.87. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend. Prices of various altcoins are already showing positive movements, even before the market takes off entirely. That is why today’s article is dedicated to identifying the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Smart investors anticipate a boom in the altcoin market and taking positions in upcoming tokens like the Crypto All-Stars. The project aims to revolutionize the meme coin space with its groundbreaking MemeVault Ecosystem. This post covers the details of its presale. 1. Snek (SNEK) Launching during a challenging bear market, SNEK quickly built a strong and passionate community on the Cardano network. Unlike many p...

Investors who bought the token that “Hawk Tuah” meme star Haliey Welch launched earlier this month are taking legal action against the people behind the project. The price of Welch’s Solana (SOL)-based memecoin HAWK surged shortly after it went live earlier this month, but the token lost more than 95% of its value a few hours later, leading to accusations of a pump-and-dump scheme. A pump-and-dump scheme is a fraudulent practice in crypto that involves artificially inflating the price of a low-value token through hype and misrepresentation. Once the price of the coin goes up, those behind the scheme sell their holdings at a high price, crashing the price of the token. In a post on social media platform X, New York-based Burwick Law says it just filed a federal lawsuit on behalf of investors who bought the HAWK token. “This case involves claims related to investor protections under federal law and the HAWK TUAH memecoin HAWK launched on December 4, 2024.” A...

The recent price action in the cryptocurrency market – both the November and the early December rally and the latest downturn – caused some anxiety among investors about whether it is too late to enter a Bitcoin (BTC) position. Robert Kiyosaki, a prominent investor and the author of the best-selling personal finance book ‘ Rich Dad Poor Dad,’ took the opportunity to alleviate these fears in a pointed X post. Specifically, in a mock conversation, Kiyosaki, in no uncertain terms, opined that it is never ‘too late’ to invest in BTC as the coin ‘is designed to make everyone rich.’ He highlighted in the tweet that this fact applies to ‘those who start late’ as much as to the early investors. Picks for you Crypto market crashes as $310 billion exits total market cap 1 hour ago ...

After what was a dominant December rally, a price correction has hit Chainlink hard, leading LINK to fall a remarkable 15% and threatening what would’ve been a monumental surge arriving in January of next year. However, its recent slide hasn’t led analysts to project a continued decrease for the asset with 2025 nearing. The token has been one of the big surprises of the ongoing crypto market bull rally. Alongside assets like VeChain (VET), Stellar (XLM), Ripple (XRP), and Tron (TRX), LINK was a big winner. Although its recent slide has threatened it to fall below $24, there is still hope for its resurgence before the start of the new year. Source – Phemex Also Read: Chainlink Outperforms Bitcoin, Solana as it Targets Trip to $50 Chainlink Price Correction Continues With Fall Below $25: LINK Is Still Expected to be Early 2025 Winner Since early November, the digital asset market has been surging. With Donald Trump emerging victorious in the 2024 US presidential election...

One of the world’s largest asset managers momentarily delighted Bitcoiners today when it released a three-minute advertisement for bitcoin (BTC). Just 90 seconds into the video, however, delight turned to dismay when viewers spotted Blackrock’s finely printed supply disclaimer overlaid atop an otherwise glowing overview of the currency’s monetary credentials. In the video, which was amplified by MicroStrategy Chairman Michael Saylor, Blackrock disclaimed, “There is no guarantee that bitcoin’s 21 million supply cap will not be changed.” BlackRock explains #Bitcoinpic.twitter.com/X2fPl8tL2s — Michael Saylor️ (@saylor) December 17, 2024 The disappointment at the sighting was palpable.  Bitcoiners labeled it “misinformation,” “FUD,” “underhanded,” “laughable,” and a homophonic euphemism for retarded. The topic immediately trended on X. Unbeknownst to most Bitcoiners, that disclaimer is also present in Bl...

The cryptocurrency market is abuzz with activity as new ICOs (Initial Coin Offerings) with immense potential emerge, attracting the attention of both whales and retail investors. Five projects stand out for their creativity, strong demand, and promising early growth. These range from meme coins trending on social media to cutting-edge blockchain ideas, offering a chance for big gains in the current bull run. Here’s a closer look at these exciting projects. Wall Street Pepe (WEPE) Wall Street Pepe is smashing records with its presale. It raised nearly $500,000 in 24 hours and has now crossed $29.7 million in less than a month. The token is priced at $0.0003648, but the price will increase in 13 hours as the ICO continues. Its staking program offers a 42% APY that decreases as more tokens are staked, giving early stakers better returns. Over 18 billion $WEPE tokens are already staked. The team ensured security with a smart contract audit by Coinsult. Wall Street Pepe isn...

The cryptocurrency sector has been engaged in a monumental bull rally since early November. Indeed, it has led to a return to form for tokens like Ripple (XRP) and VeChain (VET). Yet, it has also led to breakouts from lesser-known assets like Stellar (XLM), which has surged another 23% as 2025 fast approaches. The asset has been on a tear for much of the last two months. Now, all eyes are on whether or not its rally can extend to make the asset a force for the incoming year. Specifically, traders are pondering if Stellar can target a $0.65 as it looks to reach new highs in the coming year. Source – The Economic Times Also Read: Stellar XLM Rockets 180%, Passes Shiba Inu (SHIB) In Market Cap Stellar Continues Suprise Rally as XLM Looks to be Big Player in 2025 Since early November, the cryptocurrency market has been on a tear. The asset class has surged following Donald Trump’s 2024 election win. Bitcoin has certainly led the way, as the token has broken through the six-figur...

A popular crypto analyst is outlining which altcoins he think will shine after Bitcoin’s (BTC) price rally. The trader Ali Martinez tells his 99,500 followers on the social media platform X that the key to betting on altcoins is to invest capital early in projects with strong fundamentals. “Forget the meme coin FOMO and the X chatter about overnight meme millionaires. That’s luck, not strategy. If you’re in this game for sustainable gains, focus on projects with real utility that are building something substantial. Here are a few worth watching: Worldcoin: A fresh project with ambitious goals in identity and global finance. Uniswap: The OG of decentralized exchanges with staying power. AAVE: A DeFi powerhouse, already showing strength. Chainlink: The backbone of decentralized oracles, with consistent adoption. Maker: A key player in stablecoins and DeFi. ONDO: Tapping into the rising narrative of tokenized real-world assets. Solana: Speed, scal...

Binance, the largest cryptocurrency exchange by trading volume, is set to list Pudgy Penguins’ native token $PENGU today, December 17, 2024. The Pudgy Penguins NFT team announced plans to launch their native token “PENGU’ earlier last week. In this article, we shall exclusively explore all that you need to know starting from $PENGU’s official launching time, airdrop, and tokenomics. Tomorrow. $PENGU. pic.twitter.com/80LHuf9vZj — Pudgy Penguins (@pudgypenguins) December 16, 2024 What Is Pudgy Penguins’ $PENGU? By description, $PENGU is the official token of the Pudgy Penguins, the globally acknowledged non-fungible token collection, which Features a limited edition of 8,888 unique cartoons of cute penguins. The Pudgy Penguins NFT collection was launched in July 2021 exclusively on the Ethereum blockchain and has grown into one of the biggest NFT projects in the NFT market. The Pudgy Penguins team announced their native token on December 06, 202...

Aave governance delegate Marc Zeller has aired concerns over the future of the decentralized finance (DeFi) lending platform on Polygon in the wake of a controversial proposal to use funds locked in the network’s bridge to earn yield elsewhere. Aave is the largest protocol on Polygon, accounting for over a third of the chain’s total value locked (TVL) at $467 million, according to data from DeFiLlama. Operation polygon(e) pic.twitter.com/soiN4vBwZ2 — Marc “Billy” Zeller (@lemiscate) December 16, 2024 Read more: Advisors leave Aave as protocol punishes competitors The proposal to create a “Polygon PoS Bridge Liquidity Program” is currently in pre-PIP status and, in the four days since publication, has generated discussion between concerned and yield-hungry users alike. While some point to the potential boon to the ecosystem of the program’s profits being “strategically deployed… to incentivize liquidity and stimulate project growth,” others rais...

Record Bitcoin buy news emerged as MicroStrategy suggested its first Bitcoin purchase above $100,000. This could push its holdings to $50 billion. Their cryptocurrency investment strategy during Bitcoin market volatility shows their path to becoming the first BTC bank. This move sets new standards and shows strong faith in digital money. https://twitter.com/saylor/status/1868277366226841996?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1868277366226841996%7Ctwgr%5E8b57dda5fb55fa4ad491e2e2917242e8ccd0f2f4%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcoinpaper.com%2F6551%2Fmichael-saylor-teases-record-breaking-bitcoin-buy-for-micro-strategy Also Read: Ripple: How High Will XRP’s Price Be 5 Days From Now? MicroStrategy’s Strategy to Become the First Bitcoin Bank Amid Market Volatility Source: CryptoSlate Historic Six-Figure Bitcoin Purchase https://twitter.com/fgthiel/status/1867948767686885548?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1867962670906851461%7Ctwgr%5E8b57d...

AAVE (Aave) has recently experienced impressive bullish momentum, driven by increasing demand within the decentralized finance (DeFi) sector. However, with the current downturn in the broader cryptocurrency market, many are questioning whether AAVE can maintain its upward trajectory and revisit its recent high of $396. AAVE Key Statistics  Current Price : $371 Market Cap : $5.5 billion Trading Volume (24h): $1.32 billion Circulating Supply: 15 million AAVE Total Supply: 16 MILLION AAVE CoinMarketCap Ranking: #28 AAVE has dipped 2.76% from its recent highs over the last 30 and 7 days, yet it has showcased an extraordinary rebound, soaring by 147.49% and 60.88% from its lowest levels in the same periods. This impressive recovery highlights the coin’s growing strength and sustained bullish momentum despite a general downtrend at the time of this Analysis . AAVE/USD Market Key Levels Resistance: $396, $410, $445 Support: $345, $273, $202 AAVEUSD – ...