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Showing posts with the label market cap

Bitcoins adds $124 billion to its market cap since the start of ‘Uptober’

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Bitcoin (BTC) has rallied over 10% this week as institutional demand continues to rise, supporting the narrative that September lows are usually followed by strong upward movements. Indeed, historical data shows that October tends to deliver high returns for the cryptocurrency (over 20% on average), earning the month its signature “Uptober” nickname. The situation this year is particularly interesting, as the Bitcoin price has been propped by more than favorable macroeconomic conditions, including the U.S. government shutdown following a failure to pass a funding bill on Wednesday, October 1. Given all the positive factors that are coinciding together, it is not surprising that “digital gold” has seen a noticeable increase in valuation over the past few days. Indeed, since the beginning of the month, Bitcoin market cap has climbed up from $2.276 trillion to roughly $2.40 trillion at press time, Friday, October 3, as per CoinMarket Cap . That marks a $124 billion, or ne...

Avalanche Rises Nearly 10% In 24 Hours: AVAX To Overtake Chainlink?

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The crypto market has entered another bullish leg after Bitcoin’s (BTC) recent climb to a new high. BTC hit a new peak of $111,544 on Thursday, May 22. The global crypto market cap has seen a 2.1% rise in the last 24 hours to $3.61 trillion. Avalanche (AVAX) seems to be following the market trajectory. The project’s market cap is very close to overtaking Chainlink (LINK) as the 15th most valuable cryptocurrency. AVAX has a valuation of $10.47 billion, while LINK has a valuation of $10.85 billion. AVAX is just $37 million away from taking the $15th spot. Also Read: Currency News Today: US Dollar Is On Its Way Down, Says Analyst Source: CoinGecko Avalanche On The Brink Of Overtaking Chainlink Source: Binance Academy If the market continues its current momentum, AVAX could very quickly overtake LINK as the 15th-largest crypto project. Also Read: Pi Coin Price Prediction: $600 Investment Could Make You a Mini-Whale by 2030 AVAX’s price has risen 9.7% in the last 24 hours, ...

Shiba Inu: You Can Now Get 1 Million For $12

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The cryptocurrency market has struggled to gain momentum over the last few months. Despite sporadic rallies, most assets continue to face substantial resistance. Shiba Inu (SHIB) follows the current market trend. The popular dog-themed crypto has faced a 7.7% correction in the weekly charts and a 4.4% correction in the 14-day charts. The asset is also down 5.4% over the previous month and 53.6% since April 2024. SHIB is currently trading at $0.0000123. The low prices mean that you can buy 1 million tokens for just $12. Also Read: Donald Trump Reacts to US Stock Market Crash, The President Says This Source: CoinGecko Can You Become A Millionaire With $12 In Shiba Inu? Source: Watcher Guru $12 will get you 1 million SHIB tokens today. For your investment to be worth $1 million, the price of each token has to hit $1. SHIB’s price has to rally by 8,333,233.33% (8.3 million percent). While the figure may seem significantly large, it is not something the asset has not done before. SHIB...

SHIB to Surpass Cardano? Price Target & Market Cap

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The Shiba Inu cryptocurrency surpassing Cardano remains a pretty speculative topic that fascinates crypto investors, especially as SHIB continues to trade around the $0.000012 mark. At the time of writing, many traders and enthusiasts are wondering about this possibility, and this Analysis explores what price SHIB would need to reach to equal Cardano’s market cap and whether such an ambitious milestone is even achievable in the current market environment. Also Read: BlackRock CEO Says US Dollar is at Risk of Losing Reserve Status to Bitcoin Can Shiba Inu Overtake Cardano? Market Cap & Price Outlook Source: The Daily Hodl Current Market Positions SHIB is currently trading at about $0.00001218, which is down around 12.6% month-to-date and also down 7.49% over the past week or so. The token has actually fallen about 63.41% from its December peak of $0.00003329. Source: CoinCodex According to the latest data, approximately 85.22% of all Shiba Inu holders are currently sitting in loss...

Ethereum: Standard Chartered Drops ETH 2025 Target to $4,000

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In what is certainly a concerning development for the second-largest cryptocurrency by market cap, Standard Chartered Bank has dropped its Ethereum (ETH) 2025 price target to just $4,000. Indeed, the move has seen the bank slash the projection by 60%, falling from its previous $10,000. The bank pointed to several factors, including the growing market share for Base. Moreover, the institution’s analysts have estimated that Base has already removed $50 billion from Etheeum’s market cap. After a concerning start to the year, things don’t look to get much better for ETH. JUST IN: Standard Chartered Bank cuts $ETH year-end price target by 60% from $10,000 to $4,000. — Watcher.Guru (@WatcherGuru) March 17, 2025 Also Read: Standard Chartered Provides 5-Year Bitcoin Forecast: See the Target Ethereum Price Target Cut by 60%, Drops to $4,000 by Standard Chartered Bank Entering the year, there was no shortage of finance experts who were bullish on the cryptocurrency market. Perha...

AI Altcoin Jumps As South Korea’s Largest Crypto Exchange Announces Trading Support

One artificial intelligence (AI)-focused altcoin is surging after going live on South Korea’s largest crypto exchange, Upbit. The information finance (InfoFi) protocol Kaito (KAITO), which is built on the Base network, soared by more than 45% amid the Upbit listing news. Kaito was trading at a low of $1.49, before surging to a high of $2.17. KAITO has since stabilized and is trading for $1.76 at time of writing. With a market cap of $426.8 million, the altcoin is the 168th largest crypto project. Last month, top US crypto exchange Coinbase added support for Kaito with an experimental label. The experimental label was created by the exchange to designate certain digital assets as riskier, lower-liquidity tokens. Binance, the world’s largest crypto exchange by volume, also added support for the digital asset last month. KAITO aims to solve the issue of fragmentation within the crypto space by utilizing AI. Fragmentation is when the crypto markets beco...

SUI Cryptocurrency To Reach $10B Market Cap in March 2025?

The SUI cryptocurrency is down almost 17% in the last 24 hours, with trading volume and its market cap falling dramatically in the same period. Despite the overall crypto market falling today, there is still optimism surrounding the digital asset industry. Currently, 10 cryptocurrencies have market caps over $10M on the market. However, there are several knocking on the door of that number, including the SUI cryptocurrency. SUI is well-positioned to reach a $10 billion market cap, driven by strong institutional adoption and ecosystem expansion, according to some analysts. Last week, the asset attracting $15.5 million in inflows, performing well amid a market downturn. While it seems like that down spell has caught up to SUI, there are still rumblings about it being one of a few altcoins that could see huge gains this Spring. Sui’s derivatives market activity further supports its bullish outlook. While open interest dipped 2.63% to $583.44 million, the long/short ratios remain firmly bu...

Dogecoin Price Prediction: AI Sets DOGE Price For February 25

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The Dogecoin (DOGE) market has experienced several trials over the years. Despite garnering increased support from billionaire Elon Musk, DOGE failed to bring in massive gains for its investors. The asset’s lack of utility was a major shortcoming. The OG meme coin, however, remains within the top ten, as its market cap sits at $37.41 billion. Despite its rally during the last few months of 2024, DOGE struggled to hit $1. Is the asset looking forward to redeeming itself this month? Also Read: How U.S. Industries Could Thrive if Zelensky Had Accepted Trump’s 50% Mineral Deal Has Dogecoin Started Its Recovery Phase? Source: Bitpanda Following a rather bloody weekend, the OG meme coin was seen pocketing gains. The asset was trading at $0.2530 during the time of writing. This comes after a dainty rise of 1% over the past 24 hours. It should be noted that the meme coin also slipped to a low of $0.2426 earlier today. Source: CoinMarketCap In order to reach $1, the meme cryptocurrency wil...

Shiba Inu: How An Investment of $100 in SHIB Turned $18 Million

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Investors who took an entry position in Shiba Inu with a mere investment of $100 in January 2021 could have turned multi-millionaires today in 2025. In just four years, SHIB turned the $100 investment into a massive $18 million. No other asset achieved this much gains in a short period than Shiba Inu lately. Even Bitcoin, Ethereum, XRP, and the broader stock market failed to generate this much returns. Also Read: Shiba Inu: Forget Millionaires, How To Be A Billionaire By 2030? Source: Changelly The latest data from Changelly shows that investors who purchased $100 worth of SHIB on January 17, 2021, made $17.94 million on January 17, 2025. That’s exactly four years with heaven and earth difference between the invested amount and the returns. Getting in early on Shiba Inu could have made all the difference and offered a life of financial comfort to traders. Also Read: Shiba Inu Predicted To Rise By 300%, Here’s When For the uninitiated, SHIB skyrocketed 45,000,000% (45 million perce...

Bitcoin Climbs to $104k: Why is BTC Up Today?

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In a stunning display for the largest cryptocurrency by market cap, Bitcoin has officially climbed above $104k, leading many to wonder why BTC is up today. Like much of the cryptocurrency industry, the asset has not had the greatest start to 2025. However, it has answered concerns with its massive surge as we pass the midpoint of January. Throughout the week, a host of cryptocurrencies have skyrocketed in price. Yet, Bitcoin was left more or less out of the equation as far as surging prices. The token has made up for that Friday, as it enters the last trading day before the inauguration of US President-elect Donald Trump back above the six-figure mark. Now, let’s explore why that could be. JUST IN: $104,000 Bitcoin pic.twitter.com/Y1LMdyP3mm — Watcher.Guru (@WatcherGuru) January 17, 2025 Also Read: Oklahoma Introduces Strategic Bitcoin Reserve Act Bitcoin Surges to Firmly Above $100,000 Level: Why Is It Up Today? There is no denying that Bitcoin had a revolutionary year in 2024. T...

Shiba Inu Officially Launches TREAT: Can It Push SHIB to $0.00004?

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One of the most prominent meme coins on the market has taken the next step in the evolution of the project. Indeed, Shiba Inu is set to officially launch its TREAT token, with all eyes on what it means for SHIB. Specifically, can it push the altcoin above the $0.00004 mark? In a post to X (formerly Twitter), Shiba Inu announced that the TREAT reward token was officially live. They also noted that traders could currently purchase the asset across its various centralized exchange partnerships. With the highly anticipated asset going live, it should be set to have a notable impact on SHIB’s price this month. $TREAT is officially LIVE! Buy it now on our CEX partners! Stay SAFE! ️ Beware of scam links and tokens mimic or replicate $TREAT. Double-check with https://t.co/5knaVPWmJV and our official brand channels for verification. pic.twitter.com/T26aKgOVVB — Shib | TreatYourself Season (@Shibtoken) January 14, 2025 Also Read: How High Will Shiba Inu (SHIB) Surge In January 2025? Shiba I...

AVA AI Price Prediction: AVA Skyrockets 2,621% As Traders Rush To Buy This People’s Meme Coin With Just 8 Days Left

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The AVA AI price skyrocketed 2,621% in the last 24 hours to trade at $15.59 as of 3.45 a.m. EST on trading volume that dropped 69% to $10.23 million. Despite being only a few days old, the token’s price surged, allowing its market cap to hit $15 billion. Its price also hit a new all-time high recently, when it climbed to $16.14. This was then followed by a small correction to the token’s current price, but it is already recovering once more, rushing to re-test the resistance at $16. AVA AI emerged as a new project in the middle of the constantly-growing world of meme coins, seeking to bring “a heartwarming and delightful presence,” embodying “cuteness, innocence, and a sense of joyful community.” In other words, it is a community-oriented project that promotes inclusivity and offers a safe space in the crypto industry. AVA AI Price Prediction The project’s message and goals have clearly resonated with the community, attracting buyers and the...