[ad_1] A crypto whale is looking at a massive multi-million dollar gain on a Solana (SOL)-based memecoin after just five days. According to on-chain data tracker Lookonchain, a deep-pocketed investor turned $727 worth of Goatseus Maximus (GOAT) into $2.44 million. “This guy sold all 15.15 million GOAT [October 15th], turned five SOL ($727) into 15,883 SOL ($2.44 million) in just five days, a 3,176x return! Interestingly, he named himself ‘stupidmoney.sol’.” Lookonchain also spotted another savvy investor who is looking at $2.8 million in profits after buying more than 10 million GOAT on October 11th. “This smart money made $2.88 million…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Shiba Inu (SHIB) is now priced at about $0.00001783, just below a key resistance zone which means that the market is in a good mood. Market analysts are ready to witness another possible rally in the meme coin space. Related Reading Crypto influencer Davinci Jeremie noted that during the last bull cycle, Dogecoin (DOGE) reached a market cap of $88.8 billion, while SHIB peaked at $40 billion. The bull run will take the market cap of meme coins to a trillion dollars. Last cycle we saw $DOGE coin hit $88.8 billion market…
[ad_1] There are still reasons to believe that Shiba Inu (SHIB) could be one of the major gainers in this market cycle despite its underperformance compared to other meme coins. These reasons relate to the meme coin’s fundamentals, which paint a bullish outlook for it. Why Shiba Inu Could Be The Best Bet This Cycle Shiba Inu could be the best bet in this cycle because of its burn rate. The number of tokens burned continues to spike, which opens up the possibility of the meme coin becoming more valuable and enjoying significant price rallies. Recently, the burn rate spiked…
[ad_1] Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he…
[ad_1] Polymarket, the predictions market on Polygon, is drawing global attention. Not only is it among the most active dapps without their token, but it is also closely being monitored by pollsters tracking the ongoing presidential campaign in the United States. In the hotly contested campaign, the current vice president, Kamala Harris, is battling with Donald Trump. The former president lost to Joe Biden in 2020 but now wants to take over. Is Polymarket Misleading Punters? Looking at Polymarket, Trump has extended his lead over the past few days. Punters place the probability of Donald Trump winning at 61% versus…
[ad_1] Bitcoin has been steadily climbing since crossing the $60,000 mark and is currently hovering closer to the $70,000 level, a price it hasn’t reached in months. With the market sentiment heating up, investors are wondering whether Bitcoin has the strength to reach new all-time highs or if it will struggle to break past key resistance levels.A Healthy SentimentThe Fear and Greed Index is a useful tool for understanding market sentiment and how traders view the trajectory of Bitcoin. Currently, the index is at a “Greed” level of around 70, which is historically seen as a positive sign but still…
[ad_1] Este artículo también está disponible en español. In another fabulous story from the crypto market, an investor has realized a staggering 3,360% return, transforming an initial investment of $86,000 into approximately $3.9 million. This extraordinary gain was achieved through an investment in the memecoin Goatseus Maximus (GOAT). According to a report by on-chain analysis firm Lookonchain, the investor allocated 603 SOL (worth $86,000) to purchase 10.7 million GOAT tokens six days prior. At its peak, this investment surged to $3.75 million. Within the past eight hours, the investor liquidated 0.7 million GOAT tokens, converting them back into 1,453 SOL…
[ad_1] After reaching new local highs recently, Bitcoin is at a turning point, pushing the market into a cautious yet optimistic mood. Despite the surge, analysts and investors remain wary, as BTC has repeatedly dropped from these levels since March, leading to concerns about another potential decline. The question on everyone’s mind is whether Bitcoin can break through this resistance or if history will repeat itself. Key data shared by a top analyst reveals that many open positions on Binance are shorts, signaling bearish sentiment among traders. This has led to predictions of an impending drop for Bitcoin, further fueling…
[ad_1] A widely followed crypto analyst says that one artificial intelligence (AI)-based altcoin looks strong while updating his outlook on Solana (SOL) and a handful of memecoins. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 224,800 followers on the social media platform X that Fetch.ai (FET) – now a part of the Artificial Superintelligence Alliance – has technical indicators that look extremely promising. “FET. Things look extremely good for now. EMAs (exponential moving averages) on the 1d all tight; key [Fibonacci] levels and S/R (support/resistance) regions. More of a good buy and hold, in my opinion.”…
[ad_1] Este artículo también está disponible en español. All eyes are on Ethereum as the crypto market watches closely following Bitcoin’s recent surge. Analysts and investors are now cautiously waiting for Ethereum to catch up, with some fearing that ETH’s performance in this cycle may fall short of expectations. Related Reading Recent price action for Ethereum has shown signs of strength, giving investors confidence that a potential breakout could be near. Ethereum is currently trading within a bullish pattern that, if broken, could lead to a massive surge in the coming weeks. With Bitcoin leading the way and market momentum building,…