Following its price increase of more than 12% in the past week to roughly $71.50 on October 16, Litecoin (LTC) is attracting more and more interest. The action followed growing buzz about a planned Litecoin exchange-traded fund (ETF) proposal by Canary Capital Group.
Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?
The price action and momentum were bullish, but the buying volume was tepid. This trend was seen in the mean coin age as well.
The increased activity comes amidst Canary Capital's filing for a Litecoin ETF that aims to offer institutional and retail investors with direct exposure to the altcoin.
A look at the large transaction volumes for SHIB shows that buying pressure from whales has waned.
Leading U.S. exchange Coinbase has been hit by the withdrawal of billions of Shiba Inu (SHIB) tokens over the past 24 hours.
Data shared by the Shibburn tracker shows that this metric has demonstrated an impressive increase both on the 24-hour and weekly time frames. The SHIB army has managed to dispose of a mammoth amount of meme coins lately.
With the crypto market turning bullish, investors are optimistic about altcoins. This attention will most likely end up on AI Crypto or Artificial Intelligence-based cryptocurrencies due to the upcoming NVIDIA earnings in November.
As speculation builds around Donald Trump's potential creation of the Department of Government Efficiency (D.O.G.E.), investors are on the hunt for the next big Dogecoin rival to buy.
Dogwifhat price staged an over 70% rally over the past month as memecoin traders reset their positions.
SHIB bulls beware: here's what signals a possible correction in the short term.
Book of Meme surged in the past 24 hours as meme coins led the crypto market rally on Oct. 18. Following Bitcoin's (BTC) impressive rise above $68k, meme coins have taken the spotlight. Dogecoin (DOGE) jumped 10%, reaching an 11-week high, while other dog-themed tokens like Brett, Bonk, and Popcat also saw significant gains.
Dogwifhat (WIF) has resumed its upward trajectory, with the price approaching the key $2.89 level as bulls take back control. After a period of consolidation, renewed buying pressure has fueled the meme coin's rise, signaling that momentum is once again favoring the bulls.
NEIRO, a newly added meme coin, has been causing a stir after it reached an increase of 5400% in just a month. After being listed at a price of $0.00003109, NEIRO climbed the ranks to $0.001710 on the price charts due to market fervor.
While past Shiba Inu and XRP price surges have made the tokens a darling to most crypto investors, a new AI token has emerged and has already seen a significant price surge in its ongoing presale.
The official SHIB marketing lead who uses pseudonym Lucie has published a tweet on her X account to discuss the issue of increased FUD (a popular acronym within the crypto community that means “fear, uncertainty, doubt”) aimed at the SHIB team and the Shiba Inu ecosystem. Per her tweet, the FUD against SHIB has reached an all-time high.
At 443 trillion tokens, Shiba Inu is trading close to a crucial support level that could act as a solid safety net for the current price threshold. This extensive support zone connected to 1,633 addresses activity provides information about possible market movements.
With the Bitcoin price reaching above $68,000 momentarily, the anticipation of a new altcoin high by the end of the year is increasing. Amid the increasing chances of a bull run following the altcoin rally, the AI tokens quickly grow.
With the Bitcoin price crossing above the $68,000 mark, the close cousins of Bitcoin are making a bullish comeback. The Litecoin price has surpassed a critical $73 mark in the recent crypto rally. With the bullish trend gaining momentum, let's see the chances of the LTC price hitting the $100 psychological mark.
WIF shows bullish potential despite correction, supported by community growth and accumulation.
SHIB whales on the run, Shiba Inu sees its hopes of a rebound swallowed in the ocean of crypto.
On October 17, Kraken introduced Kraken Wrapped Bitcoin (kBTC), a new ERC-20 token aimed at increasing Bitcoin's utility across decentralized applications (dApps) on networks such as Ethereum and OP Mainnet.
Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.
As the crypto market progresses towards Q4 of 2024, investors anxiously await the next big thing to unfold. Among the older reputed players like Litecoin (LTC) and Shiba Inu (SHIB), numerous challenges impede them.
Litecoin price rallied above $73 for the first time since July fueled by rising demand from institutional investors and retail traders.
DOGE bulls capitalized on the "dip" in the previous cycle, delivering a surprising defeat to WIF.
After remaining dormant for the past few months, Litecoin (LTC), the third largest crypto asset that is secured through the legendary proof-of-work (PoW) consensus method, has signaled the onset of its bullish outlook. The mid-cap altcoin, with a fully diluted valuation of about $6.
Shiba Inus whale transactions have sharply decreased, plummeting from typical highs of four trillion SHIB to just 500 billion in the past seven days. This unexpected decline may significantly affect the tokens future price and volatility.
The price of a meme-inspired cryptocurrency Dogwifhat ($WIF) could keepon rising in the near future after enduring a slight correction, with a key technical indicator now flashing a buy signal amid a wider cryptocurrency market recovery.
As it gets closer to forming a golden cross, Shiba Inu is exhibiting indicators of a possible breakout. The 50-day moving average crossing above the 200-day moving average is a bullish pattern that frequently results in a substantial increase in market momentum.
Litecoin (LTC) navigates its price range, analysts are closely monitoring key levels that could indicate substantial upward movement. Currently trading between $60 and $74.9, LTC is demonstrating bullish momentum, and experts believe it may soon climb toward $82, contingent on overcoming certain critical resistance levels.
Shiba Inu is on the cusp of a significant transformation. Lucie (@LucieSHIB), the marketing lead for Shiba Inu, announced via X on October 17 that the Shiba Inu Decentralized Autonomous Organization (DAO) and the Shib Doggy DAO Foundation are “coming soon,” signaling a pivotal shift toward decentralization and community governance.
To the surprise of various community members, the Shiba Inu team has announced the postponement of the highly anticipated ShibaCon conference. Originally, scheduled to take place on November 9, the Shiba Inu team has decided to reschedule the ShibaCon conference till further notice, leaving many in the community wondering what prompted the sudden change.
Shiba Inu (SHIB) price forecasts are turning bullish, with one popular TradingView user predicting a stunning 400% surge in the coming months and weeks.
On-chain metrics unravel a momentum change, but two gargantuan resistance levels loom in Shiba Inu's upward journey.
Shiba Inu (SHIB) price, a popular meme cryptocurrency, is gaining attention as it shows signs of potential value growth. With the broader cryptocurrency market struggling to maintain momentum, SHIB stands out with notable developments.
Kraken, a leading cryptocurrency exchange, launched its own wrapped bitcoin (BTC) token, known as kBTC, on October 17.
The markets are always buzzing with predictions, and the latest one is turning heads. Dogecoin price, a fan favourite, is expected to rally to $1 before December.
The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world's richest man, Elon Musk, who continues to support the foremost meme coin indirectly.
Litecoin (LTC) finds itself at a pivotal moment. With Bitcoin surging past $67,000, Litecoin is also gaining momentum, discussions about whether it can reach the significant $100 mark.
According to a technical indicator, Solana-based meme coin Dogwifhat is gearing up for an upside move. Top analyst Ali Martinez recently shared a bullish perspective for Dogwifhat on social media platform X, with the TD Sequential indicator indicating a buy signal.
SHIB's market cap must rise by approximately 10x for the prediction to come true.
The Kraken's launch of Wrapped Bitcoin will further enhance the mainstream adoption of BTC through Web3 space across different chains.
After a notable rally of over 26%, the popular Solana-based meme coin, Dogwifhat (WIF), has undergone a price correction but is now poised for a massive upside rally. Additionally, the WIF daily chart supports this positive speculation.
It has come to light, thanks to an observation by prominent crypto analyst Ali Martinez, that popular meme cryptocurrency dogwifhat (WIF), based on Solana, could be forming a rising wedge pattern.
If big investors continue buying Shiba Inu, it could boost interest in the market, helping SHIB break through its price limit and rise higher.
Early Bitcoin adopter Jeremie Davinci has taken to his account on the X social media giant (formerly known as Twitter) to share his take on what he believes meme coins, including flagships Dogecoin and Shiba Inu, can reach in this market cycle in terms of market capitalization value.