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Showing posts with the label bearish market

Aixbt By Virtuals Price Prediction: AIXBT Plunges 12% As This New Pepe Derivative Raises Over $47 Million – Best Crypto To Buy Now?

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The Aixbt By Virtuals price plunged 12% in the last 24 hours to trade at $0.4264 as of 2:00 a.m. EST on trading volume that plummeted 37% to $99.64 million. Aixbt By Virtuals is a new project that launched in late 2024, giving users the ability to create and co-own AI Agents. The project has performed quite well since its launch in terms of price action, rising from $0.00043398 to an all-time high (ATH) at $0.6602 in only two months. Launched in early November, the crypto traded sideways for about half of that month, only to then surge to $0.20 by Dec. 1, 2024. After seeing increased volatility throughout December, the project finally hit its ATH on Jan. 1, but it failed to breach the resistance at $0.66, which eventually resulted in its price drop. AIXBT found a solid support at $0.40 which allowed it to bounce back up, but is now once again spiraling down toward the technical safety net. Aixbt By Virtuals Price Prediction The token’s price has been dropping for over 24 hours...

Ripple's XRP or Cardano's ADA: Which Will Reach $1 First?

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Ripple’s XRP token and Cardano (ADA) are among the most popular cryptocurrencies in the market. Despite their popularity, both crypto assets have faced substantial headwinds over the last few years. XRP has struggled to reclaim the $1 mark since late 2021, while ADA last traded above $1 in April 2022, over two years ago. Also Read: How High Will Dogecoin (DOGE) Trade 5 Years From Now? Why Have XRP And ADA Struggled? Source: Morningtick.com XRP’s lacklustre performance over the last few years is likely due to Ripple’s lawsuit with the SEC. The financial watchdog recently settled its suit with the fintech company in the US High Court. Also Read: Fed Flags Texas Bank’s Crypto Deficiencies: Impact on Coinbase and ETF Issuers On the other hand, Cardano’s (ADA) poor performance is likely due to the general bearishness that has loomed over the crypto market in the last couple of years. ADA is one of the most developmentally active crypto projects, but it has failed to g...