Remixpoint invests millions in Bitcoin, Ether, and other cryptos to bolster its cash management strategy.
Solana price is down 0.83% on this low-volatility Sunday, currently trading at $155.44. The renewed selling pressure can be attributed to substantial selling from the Pump.fun fee account, alongside a natural pullback after a three-week rally.
A cryptocurrency trader has made headlines by achieving an extraordinary return of over 11,500% through trading a newly launched meme coin called MOO DENG.
One of the most incredible returns in the cryptocurrency world is revealed by a recent on-chain report. A user paid just 6 SOL (roughly $815) for 30.1 million MOODENG tokens 17 days ago.
Arthur Hayes, co-founder of the BitMEX exchange, has strategically boosted his meme coin holdings as he anticipates a strong market rally in October—popularly referred to as “Uptober” by traders. According to SpotOnChain data, Hayes has accumulated a staggering 24 billion PEPE tokens, alongside significant investments in Solana-based meme tokens like MOTHER and MOG.
As the Bitcoin price reclaims the $66,000 mark during the early Asian trading hours, the crypto market continues gaining momentum. Following this, the most volatile altcoin, Solana token has held its value above the $150 mark, indicating increased bullish action.
The trajectory of Solana [SOL] hinges on several decisive factors.
A crypto trader has recorded a gain of over 11,500% by trading a Solana meme coin, which has sparked discussions in the broader crypto market. The newly launched meme coin, MOO DENG, has gained notable traction lately and has returned substantial gains to investors in recent days.
The U.S. Securities and Exchange Commission (SEC) has agreed to a settlement with the Solana (SOL)-based decentralized exchange (DEX) Mango Markets over alleged regulatory violations. The SEC alleges that the DEX's decentralized autonomous organization (DAO) skirted registration provisions and deprived investors of critical protections.
Crypto volume staged a strong comeback in centralized and decentralized exchanges as most coins bounced back.
Although new addresses have risen remarkably, the weekly transaction fee was lower than in April 2024.
Data from Solscan.io revealed that an unlucky investor had panic-sold 21M $MOODENG missing out on a chance to cash out at $6.3M. He discovered the memecoin an hour after it launched with a market cap of $210K and acquired the MOODENG for 26 SOL (~$3,537).
In cryptocurrency, a “whale” refers to an individual or entity that holds a large amount of a particular coin or token. These whales have the power to influence market movements due to their ability to make significant trades.
MOODENG's rise underscores the persistent allure and volatility of memecoins, highlighting the speculative nature of the crypto market. The post Solana meme coin Moo Deng maintains over $300m market cap, continues to accumulate appeared first on Crypto Briefing.
The cryptocurrency market witnessed low volatility on Saturday's trading session as Bitcoin price stabilized above $65000. Along with most major altcoins, the Solana price traded sideways and showed a modest dip of 0.37% to $157.
Solana (SOL) has garnered significant attention in the cryptocurrency space, with analysts projecting substantial price growth in the coming months. According to market experts, Solana could potentially reach half of Ethereum's market cap, which would push SOL's price to $330, more than doubling its current value.
Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober” approaches.
Solana, mirroring the performance of Bitcoin and its main competitors, BNB and Ethereum, is firm at press time. Although gains have not been sharp, SOL bulls are shaking off weaknesses.
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Solana (SOL) has seen its price increase by 3%, surpassing the $153 mark and attracting significant market attention. This upward movement comes alongside a research report from VanEck, which suggests that SOL could rally up to $330, discussions about its growing potential in the competitive crypto landscape.
Solana (SOL), like almost every crypto in the top 100, has witnessed a price increase since last week. While the altcoin has displayed impressive momentum lately, indicators reveal a decline could be imminent before further realized gains.
The entities behind Solana DeFi platform Mango Markets have settled securities charges with the SEC following a lengthy investigation.
The cryptocurrency market, in large-scale transactions by whales can significantly impact asset prices. Recent activities involving a prominent Solana (SOL) whale have raised alarms among investors, suggesting a potential price crash could be on the horizon.
Moo Deng (MOODENG), a Solana-based meme coin, has surged by more nearly 100% over the past 24 hours. The token is, of course, inspired by female pygmy hippo Moo Deng, which recently became an internet sensation.
Following the Solana 1,000% run-up in 2023 and its re-entry into the crypto top 10 by market cap, it has been pitched against Ethereum once again. This was further propelled by the fact that Solana saw its blockchain activity surpass Ethereum's, and even bringing in more revenue at a time.
Solana's price rises due to increased memecoin activity and whale investments.
Real Vision analyst Jamie Coutts believes that the crypto market could finish out the year with strong rallies. Coutts says that the TOTAL3 chart on the weekly timeframe appears to be breaking out of a descending trend line and printing a bull reversal pattern.
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XRP has had difficulty gaining any real momentum as it gets closer to the point where its chart displays a symmetrical triangle pattern. This consolidation usually portends a possible breakout, but XRP has not shown any increase in volatility and has instead remained largely stable.
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Solana's rapid growth and technological advancements position it as a competitor to Ethereum. Could it eventually surpass Ethereum in market cap?
The Solana price has given a major breakout above its downward trendline thereby opening the gates for a rally to $205, and further beyond to new all-time highs.
The Solana price is finally getting traction in the market, where it has just created a month-high at $158.74 after surging 4.8% today. The altcoin slowly gained momentum over the last few days before finally jumping out of the week-long consolidation.
The cumulative liq levels delta was positive and could see a minor price dip like it did on Thursday.
The Cardano price has risen by 2.5% in the past 24 hours, moving to $0.4055 as the crypto market as a whole gains by 2% today.
Solana-based meme coins led the charge as the crypto fear and greed index approached the greed zone of 60. LandWolf (WOLF) and Moo Deng (MOODENG) were the best-performing tokens as they rose by over 112% and 56% on Sep. 27.
The cryptocurrency market is abuzz with activity as three notable coins—Shiba Inu (SHIB), XRP, and Solana (SOL)—navigate distinct paths that could shape their futures. After a prolonged period of uncertainty, Shiba Inu is finally showing signs of a bullish trend.
The crypto market has surged this week, with signals of a potential rally in the coming days. The market's bellwether, Bitcoin is near two-month highs and the rest of the crypto assets have tagged along.
The crypto market has rallied this week, with big gains by SHIB and Solana Prices. XRP is a black sheep, but it fits in the top crypto too.
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A widely followed trader is leaning bullish on a mid-cap Real World Asset (RWA) token while offering his insight on three other altcoins.
Solana (SOL) faces a potential 9-11% correction in October due to bearish divergence and a rising wedge pattern. However, VanEck predicts a long-term price target of $330, supported by Solana's superior throughput and favorable macroeconomic conditions.
USDT's anticipated integration into the Lightning Network has been a topic of discussion among crypto enthusiasts for years. Despite the evident advantages Lightning offers—such as instant, low-cost transactions—USDT's transition to this layer has been over and again stalled.
BTC's move past $65,000 comes just ahead of the expiry of over $5.8 billion in options contracts, which analysts believe could increase volatility in the crypto markets. The jump seems to be driven primarily by monetary stimulus in the US and China, which led to crypto markets registering a substantial jump.
Amid increased price action, the Solana price has successfully reclaimed the $155 mark with an intraday jump of ~5% and a trading volume of $2.919 billion. Following this, SOL-based tokens have displayed a similar action by breaking out of their important resistance levels.
Solana is gaining pace above the $150 resistance zone. SOL price is rising and might aim for a fresh increase above the $158 resistance zone.
Solana (SOL) has once again captivated the crypto market, displaying a remarkable flag breakout on its 4-hour chart that hints at a continued bullish run. The altcoin's price briefly breached the psychological $150 mark, signaling a potential rally that could take it to $200 and beyond.