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The chief executive of blockchain intelligence platform CryptoQuant says a structural shift in the accumulation of Bitcoin (BTC) is the culprit behind a delayed altseason. On-chain analyst Ki Young Ju tells his 379,400 followers on the social media platform X that the primary drivers of the current Bitcoin rally are entities not interested in loading up on altcoins. According to the CryptoQuant executive, altcoins now have to come up with a compelling use case as they can no longer rely on Bitcoin’s momentum to see higher prices. “Compared to the last cycle, the nature of capital flowing into Bitcoin has shifted. The current Bitcoin rally is primarily driven by demand from institutional investors and spot ETFs (exchange-traded funds). Unlike crypto exchange users, institutional investors and ETF buyers have no intention of rotating their assets from Bitcoin to altcoins. Moreover, as they operate outside of crypto exchanges, asset rotation becomes inhe...

Shiba Inu is one of the leading cryptocurrency tokens that have charted their own independent identity in the web3 domain. The token is revered for its spectacular 2021 price rally that birthed millionaires and, at the same time, delivered remarkable profits that are still freshly preserved in the history of the cryptocurrency market. Will the token claim a new high before this year ends or before Christmas 2024? Let’s find out. Also Read: Jio Shares Rise 2.5% Today: Gets Buy Call With New Target of 355 Shiba Inu: What’s Happening Before The Year End? Source – Token Metrics Shiba Inu is one of the most popular cryptocurrency tokens that has taken the lead as crypto market momentum turns bullish. The fact that the token has surged nearly 72% in the last month speaks volumes about its unhinged popularity and stance. SHIB is currently sitting at $0.00002953 and is hoping to touch new price highs as it continues to attract significant market momentum. Per the latest Analys...

The new cat meme coin Catslap ($SLAP) saw a whale investor from a Chicago-based proprietary trading house purchase nearly $500,000 worth of tokens, driving its price up to $0.0042 Trading volume in the SLAP/ETH pair has leapt back above $1.4 million in the past 24 hours, and there are now more than 10,000 holders of the $SLAP token.  The token holder count is accelerating, having grown by 2,000 since Friday. Total market capitalization is $35.5 million (undiluted is $18 million), and liquidity is riding high at $4.7 million.  Jump Trading clearly thinks the Catslap price is going places and is using the token’s plentiful liquidity to enter the market at an attractive low-cap price. At the time of writing, $SLAP is trending in sixth place in DexTools’ hot pairs.  $SLAP price is up 31% at $0.0040 in the past 24 hours after the token made steady progress higher over the weekend, and today is further strengthened by strongly bullish...

The Baby BitCoin price surged 108% in the last 24 hours to trade at $0.003116 as of 02:31 a.m. EST on trading volume that skyrocketed 80% to $8.18 million. Baby BitCoin Price Aims For A Continued Upward Surge The BABYBTC/USD chart Analysis on the 4-hour timeframe shows a strong bullish trend, as evidenced by the breakout from a consolidation phase on the $0.0015 range, according to data from GeckoTerminal . The Baby BitCoin price is currently trading significantly above the 50-day and 200-day moving averages, a classic indicator of bullish momentum. BABYBTC price has surged above the 50-day Simple Moving Average (SMA) as a result of the continued uptrend. The Relative Strength Index (RSI) is in the overbought region, currently at 71. This indicates strong buying pressure but also warns of a potential short-term pullback or consolidation. Despite being overbought, RSI near these levels during a breakout can persist in strong uptrends. The Moving Average Convergence Divergence (MAC...

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  Experts suggest investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and pro...