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Showing posts with the label market

Zcash records double-digit gains as privacy coins demand soars

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Zcash (ZEC) has posted double-digit gains, primarily driven by renewed demand for privacy-focused coins, standing out in a downward cryptocurrency market. As of press time, ZEC was trading at $51.67, up over 10% in the past 24 hours. Over the past month, Zcash has surged more than 40%, pushing its market capitalization to around $860 million, edging closer to the $1 billion milestone. ZEC one-day price chart. Source: CoinMarketCap While most major cryptocurrencies remain under pressure, Zcash’s rally is partly fueled by increased usage of its privacy Features .  A key metric supporting this momentum is the total shielded ZEC supply, which rose by 6,484 ZEC on June 1, bringing the total to 3,119,887 ZEC, worth approximately $161.6 million. That’s a $1.26 million increase in shielded transactions in just one day.  Zcash total Shielded pool. Source: ZeroBits Shielded holdings are a core feature enabling private transactions on the Zcash network. It reflect...

World’s first spot XRP crashes almost 10% in a week

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Summary ⚈ The world’s first spot XRP ETF has dropped 10% in its debut week amid market volatility. ⚈ U.S. SEC has delayed the XRP ETF decision to June 2025, possibly tied to the Ripple case timeline. ⚈ Approval odds sit at 74% as XRP futures ETFs await May launch. The world’s first spot XRP exchange-traded fund (ETF), listed under the ticker XRPH11 on Brazil’s B3 stock exchange, is off to a rocky start, tumbling nearly 10% over the past week. The XRP HASH CI ETF closed the May 5 trading session at R$19.30 ($3.47), ending the day down 3.5%. Over the past five trading sessions, the ETF has dropped by 8.70% amid a broader cryptocurrency market volatility.  XRPH11 all-time price chart. Source: TradingView Despite a promising debut, the ETF has struggled to gain momentum, facing headwinds from the relatively small Brazilian market and mounting selling pressure on XRP.  As of press time, XRP was trading at $2.10, down over 4% in the last 24 hour...

Is Now the Time to Buy Shiba Inu? Here’s What $2,000 Could Turn

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The cryptocurrency industry has been witnessing a massive fall over the past couple of days. Sadly, Shiba Inu (SHIB) is among the most impacted assets of the downtrend. The meme coin recorded a nearly 10% decline during the past few days alone. Just earlier today, SHIB was priced at a high of $0.00001143 before dropping to a low of $0.00001031. While fairly new traders were seen exiting the market, experienced individuals were buying the dip. Will an investment made during the current downtrend bring in notable gains in the next few years? Also Read: Goldman Sachs: Trump Tariffs Put US in ‘Event-Driven’ Bear Market What is Shiba Inu’s Price Today? Source: Watcher Guru The week’s bearish notion was seen persisting. The meme coin was trading at $0.00001094 at the time of writing. This comes after a 3.33% drop over the past 24 hours. There was barely any moment in the SHIB market. The daily trading volume of SHIB declined by 44% and stood at $263.24 million. Source: CoinMarketC...

Dogecoin: How High Will DOGE Rise 5 Years From Now?

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Dogecoin (DOGE), the OG meme cryptocurrency was seen struggling in terms of price. Ever since February 2025 began, the asset’s price has plummeted. DOGE did not continue its pattern into 2025, despite a big surge in the last months of 2024. Back in December 2024, the meme currency reached a high of $0.4835. It peaked in January 2025 at $0.4159, but it quickly fell to a low of $0.2117. The community is still positive and eager for the upcoming years. Also Read: Will GTA 6 Accept Crypto Payments? A Look At Dogecoin’s Current Market Source: Watcher Guru Dogecoin has been riding the bearish wave for a while now. The meme coin was trading at $0.2525 at the time of writing. This came after a 1% drop over the past 24 hours. Throughout the past month alone, DOGE has dipped by 31%. Also Read: Top 3 Cryptocurrencies To Watch If You Like Solana Source: CoinMarketCap While the Shiba Inu (SHIB) ecosystem has been chasing the 1 cent dream, the DOGE network has been waiting to hit $1. Desp...

How High Will Cardano (ADA) & Dogecoin (DOGE) Surge By February End?

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With Bitcoin plummeting to hit $95K in its latest price movement, the altcoin market has taken a new dip, with coins like Cardano (ADA) and Dogecoin (DOGE) plunging to new lows. As the altcoin market awaits a new price high amid thriving market achievements, will ADA and DOGE be able to gain their mainstream momentum back? Let’s find out. Also Read: Jio Financial Shares Spike 2%: Rs 250 Target Next? Cardano Price Prediction for February End Source: Binance Cardano is a leading cryptocurrency coin, known exclusively for its true decentralized element. ADA has long struggled to retain its $1 mark, but as the market slipped to hit a new low, Cardano is currently sitting at $0.73, down 3% in the last 24 hours. The token is vying for a new spot amid a myriad of market changes, including murmurs of Cardano ETF gaining momentum amid the rising ETF hype. Per CoinCodex, Cardano may surge to sit at $0.92 by February end of 2025. Source: CoinCodex ADA may rise to ultimately hit the $0.89 mar...

5 Best Crypto to Buy Now as Bitcoin Eyes a $100K Breakout – $BNB, $ADA, $TRUMP, $LINK, $PEPE

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During the ongoing market downturn, several cryptocurrencies continue to present strong opportunities for investors. While sentiment remains weak and trading volumes on decentralized exchanges have dropped significantly compared to previous months, certain tokens are showing resilience. Bitcoin dominance is increasing, causing altcoins and meme coins to underperform, but a bullish market reversal could reignite interest in these assets. If Bitcoin surpasses $100,000, many altcoins may follow suit, presenting substantial upside potential. BNB (BNB) BNB has demonstrated strong resilience in the current market, maintaining its position despite volatility. The token previously reached a high of $750 this year, yet its market capitalization has not yet surpassed its true all-time high of $110 billion. One of BNB’s standout Features is its low inflation, which contributes to its long-term value. As a key player in the crypto space, BNB operates as a critical part of the Binance eco...

How Much Holding 1K & 5K Dogecoin Would Be Worth if DOGE

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The OG meme cryptocurrency Dogecoin (DOGE) has been making headlines ever since Donald Trump and Elon Musk took office. The asset was expected to witness a massive surge but DOGE was moving in the opposite direction. The meme coin ended 2024 on a great note but poorly started the new year. While some expressed disappointment, a few others were buying the dip. This article dives into how much profit a dainty investment could bring in. Also Read: DeepSeek’s Rise: How China’s $236B Influx Could Crush NVIDIA (NVDA) AI Stocks Looking Into The Current Market of Dogecoin Source: Crypto News Flash Sadly, Dogecoin was one of the biggest losers today. The meme coin was trading at $0.3133, during the time of writing. This came after the asset dipped by a staggering 12% over the past 24 hours. The latest drop pushed DOGE further from its all-time high of $0.7376. DOGE is currently 57% below this price mark. Source: CoinMarketCap Also Read: Top 3 Cryptocurrencies To Watch This Week When Will The Me...

Ripple (XRP) Price Prediction For 2030

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XRP has just begun its journey as it continues to take the cryptocurrency market by great surprise. The token is currently sitting at $3.15, as it is already gaining momentum to hit a new high very soon. That being said, Ripple is at the center of a deep transformative change as it welcomes innovation in the domain and is actively seeking global collaborations to bolster its position. If this strategic plan continues, here’s how high XRP may trade in the year 2030. Also Read: Dogecoin Drops 6% After Logo Removal and Ramawsami Exits D.O.G.E. Ripple is Forging Milestones Source: Blockhead.co Ripple is currently trending high on the cryptocurrency market radar due to the plethora of new things that are waiting in the queue to unfold. First and foremost, the new US SEC regime under Uyeda has decided to formulate a crypto task force. This development intends to bring regulatory clarity to the domain. At the same time, the realm is also expecting the Ripple vs. SEC case that has been pe...

Best Wallet Presale Closes On $8M – Only 17 Hours Left At Current Price

Best Wallet ($BEST) is closing on $8 million in its presale, with only 17 hours left to secure tokens at the current price of $0.0237. The lack of mention of crypto on Donald Trump’s first day back in office caused the market to dip, with Bitcoin ($BTC) dropping to as low as $100,768 intraweek before rising slightly to $104,000 as of press time. Despite this, market observers believe Trump’s second term signals a new “golden age” for crypto – one that will continue to thrive regardless of the “crypto president’s” comments or lack thereof. And to navigate this new era, a next-generation crypto wallet is key. This is why Best Wallet’s daily funding run rate remains over $100,000, as more investors buy $BEST, especially at its current discounted price, to enhance their experience with the Best Wallet app.  In addition to its utility, the $BEST token represents a stake in a new Web3 wallet that is rap...

Can Ripple’s XRP Hit $5 by the End of 2024?

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Ripple has been making strides in the cryptocurrency industry with its latest innovations. This seems to be impacting the price of its very own asset, XRP. But the altcoin’s price was clearly more in sync with the overall market, the community expects to witness a change in its ecosystem. The asset has surged by over 111% throughout the last month. The real question is if XRP could mimic this uptick and reach a new high before the end of this year. Also Read: Fed’s 3rd Rate Cut Due Today: What a 0.25% Drop Means for Crypto Markets XRP’s Latest Dip Source: CoinMarketCap Over the past 24 hours, the asset witnessed a major fall from a high of $2.71 to a low of $2.48. At press time, XRP was trading at $2.51 after recording a 1.40% drop throughout the last day. Unlike several other assets, XRP surged by a notable 10% over the past week. Despite its latest rally, the altcoin is 34% below its all-time high of $3.84. The asset hit this peak back in 2018, which was about seven years ...