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news-imageSeptember 25, 2024

Solana Memecoins Popcat and Dogwifhat Are Soaring In 2024 — One Even Surged 12882% But Why Are Ethereum-Based Shiba Inu And Floki Lagging?

The cryptocurrency market is set to enter the last quarter of the financial year, and memecoins have already been the star performers. What happened: A plethora of tokens inspired by dogs and cats have netted massive returns to their holders year-to-date.
Publisher: Benzinga
Sentiment: Positive
FLOKI
SHIB

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Positive
cover-imageBitcoinist
November 5, 2024

Solana's Network Usage Skyrockets: On-Chain Transfer Volume Reaches New Height

Solana continues to demonstrate its robust stance in the broader blockchain sector following a recent significant increase in on-chain activity, with transaction volumes and user engagement rising massively across its network. Generally, SOL's market performance may benefit from this substantial growth, which could indicate persistent network scalability and health.

Positive
cover-imageBenzinga
November 5, 2024

The Best Post-Election Meme Coins? Not Dogecoin, Not Shiba Inu, But Cats And AI, Traders Say

Pseudonymous crypto trader Nachi has voiced strong confidence in Donald Trump winning the presidential election, resulting in a bullish outlook for AI-driven meme coins, particularly Goatseus Maximus (CRYPTO: GOAT). What Happened: The trader highlighted on X that Solana (CRYPTO: SOL) meme tokens like Popcat (CRYPTO: POPCAT) and Dogwifhat (CRYPTO: WIF) have recently corrected to attractive buy levels.

Negative
cover-imageBitcoinist
November 5, 2024

Spot Solana ETF Proposal Clouded By VanEck's Wash Trading Concerns

VanEck's proposed spot Solana (SOL) exchange-traded fund (ETF) is facing scrutiny due to concerns over wash trading and the nature of on-chain activity. Matthew Sigel, Head of Digital Assets Research at VanEck, published an in-depth analysis on Tuesday, comparing SOL's metrics with those of Ethereum to provide context and clarity.

Negative
cover-imageThe Currency Analytics
November 5, 2024

SHIB's Golden Cross Faces Setback – What Traders Should Know

Shiba Inu (SHIB) has seen its fair share of ups and downs in recent weeks, but one technical indicator that traders have been eagerly anticipating—the golden cross—has faced a significant setback. A golden cross, a widely-followed bullish signal in technical analysis, occurs when a short-term moving average (like the 50-day) crosses above a longer-term moving average (such as the 200-day), signaling potential for price momentum to the upside.

Positive
cover-imageUToday
November 5, 2024

Shibarium Back to Peak Level as SHIB Price Rebounds

The Shiba Inu (SHIB) ecosystem is seeing a positive change as Shibarium, its layer-2 scaling solution, is operating at near-full capacity again. This comeback comes after network struggles and SHIB price rebounds, showing that investors and the wider crypto community are regaining confidence.

Positive
cover-imageBenzinga
November 5, 2024

'Dogecoin Killer' Shiba Inu Up 3%: What Is Going On?

Shiba Inu (CRYPTO: SHIB) is up 3.7% over the past 24 hours as positive news from its community bolster sentiment. What Happened: Pseudonymous lead developer Shytoshi Kusama suggested establishing a blockchain innovation hub in the U.S., inviting presidential candidates to endorse a "Silicon Valley" for the blockchain sector.

Neutral
cover-imageThe Currency Analytics
November 5, 2024

Solana Whale Profits from Strategic Cash-Out and Its Impact on the Market

Solana (SOL) has been on a remarkable upward trajectory, but a recent strategic sell-off by a prominent whale has drawn attention to the cryptocurrency's price dynamics. The whale, who had been accumulating SOL for months, recently sold 265,070 SOL worth approximately $43.96 million, raising questions about how such large transactions affect the broader market.

Neutral
cover-imageUToday
November 5, 2024

Will Shiba Inu (SHIB) Break 6 Trillion Record?

It is possible that Shiba Inu is about to surpass a six trillion SHIB transaction volume, which would indicate increased activity and interest from major holders. The number of large transactions and overall transaction volumes fluctuate according to on-chain data, reflecting periods of interest in SHIB trading activity as well as periods of stagnation.

Neutral
cover-imageThe Currency Analytics
November 5, 2024

Solana's Price Outlook: Will $161 Hold as the Key Level for a Surge to $195

Solana (SOL), one of the leading cryptocurrencies known for its high-speed transactions and scalability, has been making waves in the market as traders and investors alike keep a close eye on its price movements. With the digital asset's current price hovering around a crucial support level, many are wondering: Will Solana's price rise to $195, or is it at risk of falling back?

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