The meme coin ecosystem is witnessing remarkable development as Dogecoin (DOGE), Shiba Inu (SHIB) and PEPE record a price recovery. This has triggered speculation on the broader market as participants wonder if the current resurgence signals the comeback of meme coins.
TL;DR Avalanche transaction fees dropped by 75% after the December upgrade, making the network more affordable. The number of transactions increased by 38%, reaching an average of 354,691 per day, reflecting a high level of adoption.
The crypto market never stands still. New players are constantly shaking up the game, challenging the old guard.
Avalanche, a decentralized finance (DeFi) focused smart contract blockchain, saw a significant decrease in transaction costs following its December 16th upgrade, known as Avalanche 9,000. This upgrade has successfully reduced usage fees by approximately 75%, making it more affordable for users.
Phantom, a Solana-focused cryptocurrency wallet, has announced the inclusion of Sui, a high-throughput blockchain project, in beta. Sui becomes the fifth cryptocurrency option available on Phantom alongside solana, ethereum, bitcoin, and base.
The global crypto market cap was up 2.6% to over $3.57 trillion on Thursday, with trading volume up 17% to over $130 billion. Upbeat mood continued to dominate as the Asian trading session saw Bitcoin (BTC) hold steady following a bounce to above $105k on Wednesday.
The cryptocurrency market has experienced a trend reversal, recording a 3% surge in market capitalization over the last 24 hours.
After what was generally perceived as a bullish FOMC meeting on Wednesday, Bitcoin (BTC) and altcoins are surging higher. Solana (SOL) and Sui (SUI) are leading the altcoin pack.
The Shiba Inu (SHIB) community has received an urgent security alert after reports surfaced about fake websites impersonating official SHIB platforms.
If more traders experience losses, it could extend Shiba Inu's downtrend.
Sui price saw 12% recovery rally on Thursday as the mood in the crypto industry improved after the FOMC meeting. Another reason for this swift uptick could be the project's integration with the Phantom wallet and its DEX protocols surpassing the $60 billion volume milestone.
The Shiba Inu burn rate again witnessed a remarkable 280% surge on Thursday, igniting bullishness among investors amid a broader market recovery. Latest burn statistics indicated that roughly 12 million coins were taken out of the asset's supply, causing the abovementioned surge.
SUI has surged past the key $3.9 resistance level, sparking renewed optimism among traders and investors. This breakout marks a crucial shift in momentum, signaling that bulls are gaining control after a period of consolidation.
Shiba Inu (SHIB) witnessed a 284.37% upsurge in the deflationary mechanism in the last 24 hours. This occurred following a critical price rebound move by the dog-themed meme coin.
The upgrade was designed to make Avalanche cheaper. It worked.
Shiba Inu shows mixed market signals with a recent 2.7% price increase amid bearish technical indicators, while long-term growth plans focus on token burns, Shibarium adoption, and ecosystem development.
Analysts see potential for SUI and APT to climb to $16 and $22, respectively, by year-end 2025, driven by increasing adoption, network growth, and improving market sentiment.
Litecoin, Cardano, and Sui are the hottest cryptos today, with LTC breaking out of a bull flag, ADA forming a BARR bottom, and SUI eyeing a 140% rally.
Shiba Inu (SHIB) is witnessing one of 2025s most significant price declines, resembling a falling knife pattern. The token has dropped to $0.00001817, with $0.000020 now acting as resistance.
SUI, the native token of the Sui blockchain, has entered a bearish phase amid the ongoing downturn in the cryptocurrency market. Technical indicators suggest that the asset could face a significant decline, with a potential drop of as much as 35% from its current price levels.
Shiba Inu price moved above $0.000018, posting only its second gaining day on Fed rate pause, in 10 trading sessions dating back to Jan 18. Will SHIB rebound above $0.000020 or succumb to an early reversal.
Bitcoin is once again gaining traction, and a discernible increase in trading volume indicates that market volatility is returning. The price is resilient above important support levels, currently trading at about $102,700.
Meme coin Shiba Inu is facing renewed downward pressure, with its price reflecting a decline in both the 24-hour and seven-day timeframes. Furthermore, on-chain data reveals a similar trend of a significant drop in large transactions, raising concerns about waning whale activity.
IntelMarkets is drawing attention from SHIB and SOL investors, with predictions of a 1,800% jump in 2025. #partnercontent
Popular crypto wallet Phantom has launched support for Sui, which joins the likes of Solana, Bitcoin, and Ethereum in the app.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
Web3 wallet service provider Phantom has officially integrated support for the Sui (SUI) blockchain following the announcement made by the Sui Foundation in December 2024. The update, announced Wednesday, makes Sui the fourth Layer 1 (L1) blockchain accessible to Phantom's millions of monthly active users.
TL;DR Phantom Wallet has integrated support for the Sui blockchain, allowing its 15 million users to manage SUI directly from the app. The update facilitates the sending and receiving of SUI, swapping native tokens, and accessing decentralized applications (dApps) such as Suilend and Navi.
Non-custodial crypto wallet Phantom has officially added support for the layer-1 blockchain Sui. Following the initial announcement about a planned Phantom wallet and Sui (SUI) integration in early December, the two platforms have have now confirmed official support.
The market has turned to red again, according to CoinStats.
The SUI blockchain is now the first Move-based chain to get Phantom's complete support. However, is this enough to end the ongoing selling spree in SUI price?
Shiba Inu (SHIB) has registered significant activities in the last 24 hours as investors move strategically amid ongoing price volatility. According to CoinGlass data, over 18 trillion SHIB tokens have been committed in open interest.
Phantom Wallet adds support for Layer 1 Sui blockchain, expanding its multi-chain capabilities.
Sui launches on Phantom Wallet, the only Move-based blockchain on the platform, with TVL at $1.64 billion and growing. The post Sui launches on Phantom Wallet, expanding access to 15 million users appeared first on Crypto Briefing.
Initially launched as a Solana non-custodial wallet, Phantom now also supports the Bitcoin, Ethereum, Polygon and Base blockchains.
While ADA and AVAX are swept up in a market-wide dip, FXGuys is surging forward, promising life-changing gains and great long-term rewards to holders!
Dogwifhat (CRYPTO: WIF) is bouncing back from a prolonged downtrend, prompting traders to speculate whether the popular meme coin has finally found its bottom. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogwifhat (CRYPTO: WIF) $1.35 $1.3 billion +18% -6.4% Dogecoin (CRYPTO: DOGE) $0.3288 $48.6 billion -1.6% -10% Shiba Inu (CRYPTO: SHIB) $0.00001844 $10.9 billion -2.9% -10% Trader Notes: Pseudonymous trader TheFlowHorse sees WIF as a strong play for a potential bounce, while prominent analyst Kevin highlighted to his followers that WIF hit “peak fear” under one dollar.
As Dogecoin and AVAX failed to gain momentum, experts speculate IntelMarkets could surpass these well-established coins with its massive 45,000% growth potential.
Shiba Inu price remains in a freefall, with bulls remaining in the sidelines for now. Its social sentiment score has fallen as demand has largely disappeared.
In a series of updates posted on January 28 via X , Shiba Inu's lead developer, Shytoshi Kusama, signaled that a major new collaboration is on the horizon for the Shiba Inu (SHIB) ecosystem. Kusama also took the opportunity to reiterate the importance of protecting the integrity of SHIB's official communication channels from any misuse.
The Ozak AI token presale has attracted numerous buyers who recognize the value of this new financial tool.
Shiba Inu (SHIB) has long been a favorite among crypto enthusiasts, with many holding onto hopes of a significant price surge.
DTX outperforms Solana and SUI with 200,000 TPS and lower fees. The final presale stage is at $0.16, and the listing is at $0.20.
With the focus switching away from memecoins, Shiba Inu has faded into irrelevance. Traders are paying more attention to Solana and this viral altcoin before listing.
Shiba Inu has finally printed a green candle following a vicious seven-day losing streak, raising questions about whether the downtrend is abating. With strong selling pressure, SHIB has been struggling, dropping below important support levels and hitting its lowest price since October 2024.
Boasting a 1300% increase in its price, the SUI token is one of the most talked about crypto assets of 2024. Sui (SUI) is a layer-1 blockchain that aims to onboard the next billion users in Web3.
Solana, Avalanche, and MOVE are testing crucial technical levels. SOL sees $500, AVAX eyes $100, and MOVE targets a breakout above $0.83.