Ethereum mirrors Solana's bullish breakout pattern; indicators suggest strong potential upward movement.
Ethereum has surged over 8% following Donald Trump's election victory, igniting fresh optimism among investors. Despite this rally, ETH still trades below a crucial resistance level, keeping the price in check since early August.
Leading cryptocurrencies gave a thumbs up to Donald Trump's presidential victory in anticipation of a friendlier White House. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m.
Solana experienced massive user growth and increased memecoin activity this year, contributing to its price.
Dogecoin is set for a major rally, with veteran trader Peter Brandt forecasting new all-time highs as Elon Musk's influence and a channel breakout drive momentum.
Solana (SOL) has officially overtaken BNB (Binance Coin) to claim the title of the 4th largest cryptocurrency by market capitalization. This milestone comes as the market experiences a broader surge, driven by Bitcoin's all-time high price.
Andrew Kang, founder and CEO of Mechanism Capital, has shifted his bullish outlook from Dogecoin (DOGE) to First Neiro On Ethereum (NEIRO) following Donald Trump's landslide victory in the US presidential election. In a series of posts on X on Wednesday, November 6, Kang asserted that NEIRO is poised for exponential growth in the coming months.
Solana (SOL) and Ripple (XRP) no longer hug the market spotlight as Propichain's new RWA altcoin is set to take over. Propichain combines several technologies, providing a quality investment platform for the real estate sector. Its PCHAIN altcoin also offers immense profit opportunities following its 800% post-ICO increase.
The Dogecoin price has experienced a massive pump, rising by a whopping 25% to lead current market gains. This notable increase comes on the heels of the United States Presidential election, where many crypto analysts view a potential Donald Trump win as an incredibly bullish outcome for the Dogecoin price.
Among the largest cryptocurrencies by market capitalization, Solana (SOL) has surpassed Binance Coin (BNB) to secure the fourth position. SOL has recently experienced a 14% increase, which has enabled it to surpass BNB.
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Dogecoin (CRYPTO: DOGE) is soaring to new monthly highs, with Donald Trump winning the 2024 presidential election and Elon Musk likely playing a role in the president-elect's return to the White House. A Benzinga poll asks readers to pick which Musk-linked company could have the biggest impact on the meme coin's future.
Solana overtakes BNB in market cap, as Trump's lead sparks hope for Solana ETF approvals in 2025.
Cryptocurrency markets are trading higher as Donald Trump secured a second term in the presidential election. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $75,833.12 +9.5% Ethereum (CRYPTO: ETH) $2,682.34 +11% Solana (CRYPTO: SOL) $188.34 +14.3% Dogecoin (CRYPTO: DOGE) $0.1952 +15.9% Shiba Inu (CRYPTO: SHIB) $0.00001883 +6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses falling by 4.4%.
Shiba Inu (SHIB) recently witnessed a significant increase in its burn rate, surging 3,674% on U.S. presidential election day. Interestingly, this spike has come amid reignited interest in the SHIB price.
Speculation about a better future for crypto has taken hold today.
During Wednesday's trading session, the cryptocurrency market witnessed a surge in buying pressure as Donald Trump secured his victory as the 47th U.S. President. The pioneer cryptocurrency, Bitcoin, surged 8.8% to a new high of $75,400, boosting recovery in the altcoin market.
Veteran trader Peter Brandt says that Bitcoin (BTC) is set to vastly outperform gold after printing a bullish pattern on the longer-term chart. Brandt shares a chart with his 745,000 followers on the social media platform X showing Bitcoin in a clear uptrend when priced in gold (BTC/XAU).
Solana's native token SOL is on a roll today after seeing its price increase by over 10% in the past 24 hours. The latest strong-up move pushed SOL above Binance-affiliated BNB (BNB), making it the fourth-largest cryptocurrency by market capitalization.
Tether (USDT) will be moved from several chains in a chain swap event. The biggest transfer will be of 1B USDT from TRON to Ethereum.
Pumpfun, a platform for Solana-based memecoins, has sold 36,400 SOL tokens worth approximately $6.77 million in its latest transaction. This move comes as the Solana (SOL) token has seen a 10% price increase over the past 24 hours.
Solana (SOL), the world's fourth-largest cryptocurrency by market cap, is poised to reach an all-time high after breaking out from a crucial resistance level. Following the victory of pro-crypto candidate Donald Trump in the U.S.
Are we witnessing a Dogecoin revolution? The second largest Proof of Work network hits over $13B in daily volume.
Dogecoin (DOGE) surged by 20%, reaching $0.19 on November 6, as markets reacted to news of Donald Trump's return to the presidency.
A combination of a Donald Trump win and Elon Musk's central role in his campaign have injected strong momentum could sustain DOGE price rally.
The crypto market has seen a notable surge in recent hours, driven by Donald Trump's victory in the 2024 U.S. presidential election.
Michigan's state pension fund recently described a substantial $10 million investment in Ethereum ETFs, marking a first for U.S. state pension funds. This strategic move underscores a growing interest in digital assets among traditional institutions and highlights Ethereum's rising profile in the world of institutional investments.
Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
The original and biggest meme coin, Dogecoin ($DOGE), is positively soaring today along with most leading cryptocurrencies after the pro-crypto Donald Trump was re-elected as the forty-seventh US President. In the last twenty-four hours, Dogecoin mushroomed 18% to trade at $0.2014. Considering Dogecoin grew 18.
Solana has rallied by 14% today, with the SOL price hitting $185.15 as Donald Trump's election victory boosts the crypto market by 6% in the past 24 hours. The post SOL Price Poised to Soar as Solana Network Usage Reaches Unprecedented Levels appeared first on Cryptonews.
As of November 6, 2024, at 11:05 a.m. UTC, Dogecoin's year-to-date performance is outpacing that of Bitcoin. According to CoinDesk Indices, Bitcoin (BTC) is currently trading at $74,790, showing gains of 7.7% in the past 24 hours, 22.64% over the past month, and 77.34% year-to-date (YTD). Meanwhile, Dogecoin (DOGE) is trading at $0.
Dogecoin (CRYPTO: DOGE) is forecasted to experience a major rally, bolstered by Elon Musk's role in Donald Trump's successful re-election bid. What Happened: Dogecoin is up 9% on the day, trading above $0.19 at the time of writing.
Ethereum (ETH) recovered above $2,600 after the latest crypto rally, but may be facing renewed selling pressures. An ancient ICO whale and a large-scale staker may try to liquidate their holdings.
Dogecoin and the Shiba Inu price have recorded double-digit rallies in the last 24 hours, up 25% and 10%, respectively. The foremost meme coins have witnessed these massive price rallies thanks to developments in the US election, which present a bullish outlook for them.
The world of cryptocurrencies has just taken a significant step forward in the digital payments sector: Solana Pay, the payment system initially built on the Solana blockchain, has expanded its support to include Bitcoin (BTC), Ethereum (ETH), and Layer 2 (L2) solutions.
The price of Dogecoin (DOGE) continued its uptrend on Nov. 6 by breaking above the $0.18 resistance level. Price analysis by Coinidol.com.
Dogecoin has seen a remarkable surge, increasing by more than 20% and reaching highs of $0.2133. With Trump's win how high can the DOGE price go?
Solana and Dogecoin trade at key levels following the US election results and are poised for a potential breakout, while XRP is building positive momentum at lower levels.
Veteran trader Peter Brandt has made a bullish prediction on dog-themed cryptocurrency Dogecoin (DOGE), which has sparked interest within the crypto community.
Ethereum (ETH) is showing signs of a major upward trajectory, with some analysts speculating that the cryptocurrency could see a substantial price surge in the near future. The reason for this optimism?
Ethereum analysts are keeping a close look at the altcoin, which is stuck in a long downtrend. Some call for major upward breakout and others keep a cautious stance, warning to expect this downtrend will continue.
The Raydium (RAY) price has suffered a considerable pullback following an astonishing rally that resulted in a 1000% year-on-year surge that pushed the Solana-based token well over $3.5. Solana (SOL), one of the most popular layer-1 networks, has surged following an 8% crash.
As Bitcoin hauls altcoins further north in the wave of US election euphoria, crypto airdrops provide investors with low-bar entries into early-stage projects without any initial investment.
Following former president Trump's 2024 election victory, the cryptocurrency market has experienced a surge in optimism and buying interest. Ethereum was no exception, with its price spiking by 10% at one point, reaching the critical resistance level of $2.5K.
Ethereum's price rose to $2,596 with a 6.82% gain. The global crypto market cap surged by 8.11%, reaching $2.47T.
Dogecoin (DOGE) has crossed the $0.21 mark, driven by speculation surrounding a possible victory for Donald Trump and Elon Musk's cryptic allusions. This spectacular surge illustrates the growing impact of American politics on the crypto market.
As Bitcoin ($BTC) broke its all-time high, in anticipation of Trump's election victory, some of the major altcoins started to outperform. Ethereum ($ETH), Solana ($SOL), and Sui ($SUI) are among the top movers.