Altcoin Predictions for 2024

Core (CORE) Crypto analyst Altcoin Sherpa believes Core, a layer-1 altcoin, is poised for significant gains in 2024. He notes its strong performance in recovering from recent losses and recommends buying around $2.20 for a potential dip. Near (NEAR) Altcoin Sherpa predicts a pullback in Near to below $6.50 before a rally to his target…

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Solana Predicted for a “Violent Breakout,” Pepe Deemed the “Best Memecoin”

Solana’s Bullish Pattern Analyst Bluntz believes Solana (SOL) is poised for a significant upward surge. The chart suggests a bullish pattern with higher lows, indicating a potential breakout. Elliott Wave Theory Support Bluntz uses Elliott Wave theory, which predicts a fresh rally after a three-part ABC correction. SOL is believed to have completed this correction…

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Ethereum Whales Buy Big, Signal Bullish Sentiment

Whale Purchases Major crypto investors, known as whales, have been actively buying Ethereum (ETH) recently. According to the crypto tracker Lookonchain, several large withdrawals of ETH from Binance have occurred in the past few days. Significant Transactions A whale wallet, possibly belonging to Tron founder Justin Sun, withdrew 4,666 ETH ($14.91 million) from Binance on…

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Bitcoin’s Path to $100,000

After a rocky start, Bitcoin has rebounded and is now hovering around $66,000. Crypto analysts are predicting a bright future for the coin, with some suggesting it could hit $100,000 soon. Rally to $100,000 Captain Faibik, a crypto analyst, believes Bitcoin has found support at $60,000 and is now on its way back up. He…

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Grayscale’s Bold Move: Ethereum ETF Inches Closer

Grayscale Files S-3 Form Despite fading optimism for Ethereum spot ETFs, Grayscale Investments has filed an S-3 Registration Statement for its Ethereum Trust. This marks a significant step towards converting the trust into an ETF. SEC Approval Pending Grayscale’s Ethereum Trust is already registered with the SEC, allowing them to skip the S-1 form filing…

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Memecoin Alert: Risks and Concerns

The Rise of Memecoins A Dogecoin contributor, @Mishaboar, has issued a warning about the risks associated with investing in memecoins, especially those that are quickly listed on cryptocurrency exchanges. These coins often reach market capitalizations in the millions or billions of dollars within days of their release. Concerns Raised @Mishaboar expressed concerns that these rapid…

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Bitcoin’s Global Impact: IMF Recognizes Its Role in Financial Empowerment

Economic Resilience in Challenging Times In countries like Argentina and Venezuela, Bitcoin has become a lifeline for citizens facing economic turmoil and strict regulations. The International Monetary Fund (IMF) has acknowledged the growing use of Bitcoin in these nations, as individuals leverage it to bypass capital controls and manage their finances. Understanding Bitcoin Transactions The…

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