As Bitcoin's price movement begins to acquire positive bullish momentum, the month of October appears to be promising for altcoins. Historically, when Bitcoin rises in price, this turns out to be a precursor of a bullish wave on the rest of the market, with other altcoins being discharged.
Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.
AAVE has been on a roll recently, showcasing a remarkable increase in value. In the last 24 hours alone, the token appreciated by 4.25%.
The market participants appear to have become pessimistic about the next price action as the volume of most cryptos has depleted. On the other hand, the popular memecoin PEPE has managed to attract significant volume, due to which the volatility of the token has maintained within decent levels.
Aave price remains strong ahead of the launch of Trump's DeFi project, as Donald Trump survived his second assassination attempt in two months at his Florida golf club. The FBI confirmed that Trump is unharmed and quickly apprehended the suspect.
Pepe coin price continues to face hardships as Ethereum price struggles to break above key resistance levels. Pepe coin has a strong correlation with Ethereum.
AAVE has recently posted gains that place it among the market's top performers, but this momentum may be short-lived.
An analyst known for making crypto bottom calls thinks that memecoin Pepe (PEPE) and one Solana (SOL) challenger are gearing up for breakout rallies. Pseudonymous analyst Bluntz tells his 273,500 followers on the social media platform X that PEPE and Sei (SEI) are among the market's leaders after breaking out of bullish reversal patterns.
The Open Interest chart showed that speculators were eager to go long, seeking profits from the PEPE move and showing bullish sentiment.
Bitcoin's rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins.
Vitalik Buterin, the co-founder of Ethereum, has made headlines with his recent investment in the Aave protocol. By depositing 2.27 million USDC and 2,851 ETH—totaling approximately $6.73 million—Buterin has drawn substantial attention to Aave, igniting discussions about its future prospects and potential impact on the broader DeFi ecosystem.
After a recent breakout, PEPE has experienced a notable drop as it moves to retest crucial support levels. This retest is crucial for the cryptocurrency, as it will determine whether the bullish momentum can continue or if the price will struggle to hold above this level.
Cryptocurrencies are largely in the green Saturday as traders anticipate the Federal Reserve will cut interest rates next week and Bitcoin retests the crucial resistance point at $60,000.
PEPE recently dropped to a noteworthy level that has previously been an important demand zone.
Aave (AAVE) has recently surged beyond the $150 mark, achieving a new yearly high. This upward movement has captured the attention of investors and analysts alike, who are now speculating about the possibility of a substantial price rally.
Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing.
As the price of Bitcoin (BTC) retests its important resistance level of $60,000, the crypto market has regained momentum over the past few hours. Moreover, the market has recorded a jump of 1.97% within the past day and is currently valued at $2.09 Trillion.
AAVE bulls find resistance, leading to a mid-week pivot that could be the start of sizable wave of profit-taking.
Dogecoin, Shiba Inu, and PEPE prices surged, each scoring major gains in execcess of $2 billion within the last 7-days, in a rally linked to Donald Trump's latest viral moment.
Pepe (CRYPTO: PEPE) has suffered a 50% from its all-time highs in May, but traders think the meme coin's fortunes may reverse soon. What Happened: Pseudonymous trader CrediBULL Crypto commented on Pepe's decline with the words, “Oh how the mighty have fallen.
PEPE seemed well positioned to outperform SHIB and DOGE if the market rebounds.
Ethereum's Vitalik Buterin has made a move, and it could have some implications.
PEPE whales retreat as consolidation nears potential breakout.
Aave shows strong growth potential with bullish trends as GHO grows as well.
Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin swapped a significant sum of ETH to deposit into a DeFi protocol, with traders predicting a bright future for it. What Happened: Lookonchain data shows that Vitalik Buterin deposited 2.27 million (CRYPTO: USDC) into Aave (CRYPTO: AAVE).
Pepe's (PEPE) price has surged by 956% over the past 365 days. However, despite hitting a new all-time high in May, the meme coin may be poised for further losses.
Bitcoin surged past $58,000 following a rise in U.S. tech stocks and expectations of a potential 25 basis point interest rate cut by the Fed this month. However, Bitcoin ETFs saw outflows of $43 million on Wednesday, breaking a two-day inflow streak. Altcoins have also slipped into the green zone, with hopes of rallying soon.
Three tokens have significant short interest and may see a squeeze of those positions. MANA, GRT and AAVE can extend their gains, erasing the accumulated short positions.
The prices of Dogecoin, Shiba Inu, and PEPE have been on the come-up as the Bitcoin price has recovered. However, at this time, all of their profitability levels remain different, meaning investors in these meme coins are seeing varying levels of profit and losses.
Pepecoin (PEPE) has been a central focus of the meme coin market for much of 2024. Despite an initial surge to an all-time high of $0.000014 in May, the token has since experienced a correction of over 50%.
In the ever-volatile world of cryptocurrency, fortunes can be made overnight. A California millionaire who turned an initial investment of $10,000 into a staggering $750,000 with Pepecoin (PEPE) is now setting his sights on a new meme coin that has the crypto world buzzing: GoodEgg (GEGG).
The memecoin space is gaining strength as the top cryptos are trying hard to rise & sustain above the achieved resistances. The volume over the platform has increased by over 6% and the market capitalization has also risen by nearly 2.5%. While Dogecoin & Shiba Inu have been sustaining above $0.1 and $0.
AAVE has been one of the altcoins that have seen a recovery in both volume and price over the last week. This comes with a jump in positive sentiment associated with the DeFi token, enabling bulls to reclaim control of the price once more.
Aave (AAVE), Decentraland (MANA), and The Graph (GRT) have emerged as three altcoins that could enjoy a price surge as the crypto market rebounds. Onchain analytics platform Santiment highlighted a crucial indicator proving these altcoins are worth watching.
The deployment of GHO has been limited to Ethereum and Arbitrum networks, at least for now.
A wallet linked to Vitalik Buterin made a deposit to Aave in ETH and USDC following a period of ETH sales. Buterin claims some of the sales were part of a previously preset CoW Swap liquidation to benefit a bio-defense organization.
As the crypto market fluctuates, market players seek signals to guide their next moves. Based on their current technical setups and market dynamics, below are critical predictions for three prominent cryptos: PEPE, Pi, and Litecoin.
AAVE, a leading decentralized finance (DeFi) token, has surged by 21% to achieve a new two-year high. This impressive leap has caught the attention of investors and analysts alike, with the $182 mark now appearing to be a realistic target.
Whales are showing increased interest in PEPE, which could be a precursor to an imminent rally.
The Aave community is currently considering supporting Coinbase's upcoming Bitcoin wrapper, cbBTC, in its V3 protocol.
Aave, The Graph and Decentraland could see significant spikes due to notable declines in their funding rates.
Here's what on-chain data reveals regarding the profitability of the different segments of the Dogecoin, Shiba Inu, and Pepe investors. Dogecoin, Shiba Inu, & Pepe Compared In Terms Of Investor Profits In a new insight post, the on-chain analytics firm Santiment has discussed how the three biggest memecoins in the sector, DOGE, SHIB, and PEPE, have been doing in terms of different indicators.
The DeFi lending platform could add support for a much-anticipated token from a leading exchange.
A key classic technical indicator pattern indicates a strong bullish outlook for the PEPE market, suggesting that the Ethereum meme coin could experience a monumental 300% price increase in the fourth quarter of 2024.
With the major cryptocurrencies regaining lost ground against the bears, the market has returned to the $2 trillion market cap level. This led to huge gains in the altcoin market as the tokens rode the bullish wave.
Aave DAO has received a proposal to integrate Coinbase's upcoming Bitcoin wrapper, cbBTC, into its V3 platform on the Ethereum mainnet and Base. In a Sept.
PEPE is making headlines today as many altcoins fight to maintain their recorded uptrend over the past 24 hours. PEPE again slipped as it bucked the negative trend in early market trading.
Cryptocurrency prices and stock indices retreated slightly after the U.S. published encouraging Consumer Price Index data. Uniswap, ICP, AAVE rise, Bitcoin retreats Bitcoin (BTC) retreated to $56,600, while the total market cap of all cryptocurrencies fell to $2 trillion.