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Largely followed crypto analyst Altcoin Sherpa believes that one red-hot memecoin has more room to run to the upside despite astronomical gains so far this year. The pseudonymous trader tells his 221,900 followers on the social media platform X that Solana (SOL)-based meme token Popcat (POPCAT) could remain in an uptrend after bouncing off a key level at around $0.64. “POPCAT still looks pretty strong for now, great S/R (support/resistance) retest. If it guns for the highs again, this will be the leading category for memes and also CAT beta.” Source: Altcoin Sherpa/X Popcat is trading for $0.59 at time of writing, up more than 15,000% since hitting a low of $0.00379 in January. Next up, the analyst says that while macro conditions may be bullish for Bitcoin (BTC), the crypto king appears to be flashing mixed signals in the near term. “I don’t know where BTC is at. It’s bearish on the one-day, bearish on the 200-day exponential mov...

Elon Musk and Tesla (NASDAQ: TSLA) have been cleared in a $258 billion lawsuit that accused them of manipulating Dogecoin (DOGE) prices.  Filed in June 2022 by a group of Dogecoin investors, the lawsuit claimed that Musk orchestrated a “Dogecoin Pyramid Scheme” by promoting the meme coin on social media. The investors alleged that Musk’s tweets caused a significant spike and subsequent crash in Dogecoin’s value, leading to substantial financial losses. On August 29, 2024, U.S. District Judge Alvin Hellerstein in New York dismissed the case, ruling that the plaintiffs had mischaracterized Musk’s tweets about Dogecoin. The judge observed that Musk’s statements were “aspirational and puffery, not factual.” Picks for you BlackRock sells Bitcoin for the second time since BTC ETF launch — What’...

The Cloud price rose 35% in the last 24 hours to trade at $0.2433 as of 00:42 a.m. EST, on trading volume that skyrocketed 604% to $17.2 million. Cloud Price To Continue Soaring The Cloud price has been on a tear in the last day, as the bulls won the struggle for dominance around the $0.1682 consolidation zone, pushing the price of Cloud to the $0.2492 resistance zone, according to data from GeckoTerminal . The price movements at this level have formed a double top pattern, encouraging the bears to exert pressure, with CLOUD plunging slightly to the $0.214 support zone. CLOUD then experienced intense buying pressure, with the price of Cloud soaring above the falling channel pattern. The Cloud price now trades well above the 50-day and 200-day Simple Moving Averages (SMAs), confirming the bullish trend to the upside. Furthermore, the Relative Strength Index (RSI) is climbing above the oversold region, currently at 79, indicating that CLOUD is under intense buying pressure as the ...

Leading blockchain-powered poker platform CoinPoker has partnered with PokerCoaching.com, a premier poker training site that has trained over 120,000 players. The new partnership underscores CoinPoker’s commitment to setting new standards in the online poker space. Earlier this month, it became the first platform to demonstrate unprecedented transparency by revealing its proof of reserves (PoR). Now, through this collaboration, CoinPoker offers its users the opportunity to learn from top-tier professional poker players, enhancing and potentially making their gaming experience more lucrative.  In return, PokerCoaching provides its community exclusive access to $2,000 in weekly freerolls via CoinPoker, giving them a chance to play and win with virtually zero risk. Registration for the weekly freerolls is every Sunday, with the next on September 1, 2024. The freerolls begin at 12:00 noon PT, and late registration is permitted until 1 pm PT. ...

The cryptocurrency market seems to be consolidating after its latest dip. Bitcoin (BTC) steadily holds the $59,000 level; other significant assets are also staying put. Shiba Inu (SHIB) has gained 1.6% in the daily charts, and 3% in the 14-day charts, but the asset is still down by 0.1% in the weekly charts and more than 16% over the previous month. Also Read: Ripple: When Will $1000 Worth of XRP Become $1 Million? Current Market Conditions and Investment Opportunities Source: CoinGecko Why Is the Crypto Market In a Slump? It is unclear why the market is slumping, given that the Federal Reserve has announced its first round of interest rate cuts from September 2024. The move should have increased investor confidence and raised risky investments, but market participants might still be clouded by uncertainty. Also Read: Shiba Inu: Here’s When SHIB Can Reach $0.002 The low prices present an excellent opportunity for new investors to enter the crypto market or for older investors to increa...

BRICS member India may consider accepting local currencies for trade and sideline the US dollar only if they are ‘non-binding’, according to sources on the condition of anonymity. The decision to accept native currencies could be taken at the upcoming summit in October in the Kazan region of Russia. India is keen on using local currencies only when they are non-binding. Also Read: Former Russian PM Talks About BRICS Currency For the uninitiated, non-binding means the rules of accepting local currencies must not be legally necessary to obey, and must come out of choice whenever required. BRICS country India does not want to end reliance on the US dollar as its economy is booming and needs the currency to survive. Also Read: BRICS: Russia To Officially Use Cryptocurrency For Trade Settlements BRICS: India Would Want the Rupee & Not the Chinese Yuan For Trade Settlements Source: Reuters / ShutterStock BRICS counterpart China has been pushing for trade settlements among member n...

Shiba Inu has long been coveting the ambitious price mark of $0.0005. As time passes, the SHIB ecosystem is leaving no stone unturned to help SHIB claim its leading position in the sector of cryptocurrencies. Here are the two viable reasons hinting at how SHIB’s price jump to $0.0005 is practically inevitable. Also Read: Shiba Inu: SHIB Is Gradually Rising To Claim $0.00006 – Here’s When? Shiba Inu Whales: The Secret Weapon of Success Shiba Inu has long noted stable price momentum without encountering sharp dips or price hikes. This trend is currently being capitalized by SHIB whales, who have been slowly accumulating SHIB tokens at a rapid pace. The data from Into The Block states how large SHIB transactions (amounting to $100,000) have also noted a sudden spike in the last 24 hours, signalling an impressive 71% in metrics. With heightened whale activity under progress, the trend can indicate a potential bullish price hike, which may send SHIB to new price heights, helping it claim th...

While the price of XRP (XRP) has been flashing red on all of its charts, multiple finance and cryptocurrency experts have shared their views regarding XRP price prediction for the end of this year, suggesting optimism from some and bearish sentiment coming from others. Indeed, since the year’s turn, XRP has recorded largely unimpressive performance, but the recent increase in whale activity, which has seen an accumulation of over 50 million XRP tokens in the past 24 hours, offers hope that a breakout is possible in the near future. Finder’s XRP price prediction 2024 In this context, a panel of 29 fintech experts at Finder has offered their views of the potential XRP price for the future, including at the end of 2024, setting its average price at $0.66 by the year’s turn, as well as $1.05 by the end of 2025 and $2.49 by 2030, as per data on August 19. Picks for you ...

The SUN price dropped 12% in the last 24 hours despite being up 180% in the last week to trade at $0.03132 as of 00:53 a.m. EST on trading volumes that plunged 33% to $280 million. The meme coin frenzy has been remarkable in the Tron Network after the launch of Pump.fun’s rival, SunPum, the new meme coin deployer. Moreover, in the last week, SUN has been on an uptrend after Binance Features announced the launch of the SUNUSDT perpetual contract with up to 75X leverage. #Binance Futures will launch USDⓈ-Margined $POPCAT and $SUN Perpetual Contracts at 🗓️ August 22 2024, 13:00 and 13:05 (UTC) respectively Read more ➡️ https://t.co/peffrLlfqi pic.twitter.com/sE20R7XNVe — Binance Futures (@BinanceFutures) August 22, 2024 SUN Price Aims For A Rebound Despite the uptrend in the last week, the SUN price has been on a downtrend in the last day, trading within a falling channel pattern as it fell from the $0.041 resistance. SUN now trad...

Crypto All-Stars ($STARS) continues to hit big, having already raised over $770,000 in capital through fundraising efforts. This new meme coin introduces the industry’s first unified staking protocol, MemeVault, which allows top meme coins to be pooled together to earn rewards in $STARS. With the upcoming launch of MemeVault, the $STARS token will also be crucial for multiplying the staking rewards that top meme coins can earn. This explains the $STARS buying frenzy that has been underway since the Crypto All-Stars presale kicked off just over two weeks ago. As a result, $STARS has rocketed through five price levels, consistently smashing funding goals in record time. Right now, $STARS is priced at $0.0014078, but it’s set to rise to $0.0014191 in less than 48 hours. Meme Coins Are Down 3.8% In The Past 24 Hours, But Many Have Recorded Strong Gains Over The Last Week Meme coins have had a solid week, with most tokens gaining bu...

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  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Me...