In a market dominated by red arrows, one Solana-based meme coin is swimming against the tide. BONK, the self-proclaimed “first Solana dog coin,” has soared a staggering 15% in the past 24 hours, emerging as a beacon of green amidst a sea of plummeting peers. While Dogecoin and Shiba Inu wallow in double-digit losses, BONK…
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AVAX, native token of the Avalanche network, made a resounding entrance into the cryptocurrency markets at the onset of the year, establishing itself as a prominent player and outpacing many other altcoins. The initial enthusiasm surrounding AVAX, however, underwent a notable transformation as the narrative took an unexpected turn. Presently, the token finds itself perched…
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Although the broader market is experiencing a strong start this year, Filecoin has opened the year at a snail’s pace. According to Coingecko, the token is up over 4% in the past 24 hours. However, the week started with FIL bleeding nearly 27%. With investors uninspired by the ongoing broader market rally, FIL might be…
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Maker is making waves as it enters Coingecko’s top gainers list this week with massive bullish pressure on the market. MKR is up nearly 34% in the bi-weekly timeframe, but long-term investors are enjoying bigger rewards as the token is up 205% year-to-date, and currently trading a little above $1,800. The market started the year…
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The first week of 2024 marked a notable milestone in crypto asset investments. Investment products in this particular sector witnessed inflows amounting to $151 million, according to a recent report from CoinShares. Crypto Asset Funds Sees Surge In Inflows This $151 million surge in inflow, as highlighted by James Butterfill, Head of Research at CoinShares,…
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Injective (INJ), the native token of the decentralized exchange protocol Injective Protocol, stands poised for a pivotal moment. On January 21st, a final tranche of 3.66 million INJ tokens will be unlocked, bringing the total circulating supply to a definitive 100 million. Injective Token Unlock: Market Dynamics Shift This marks the culmination of a phased…
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Over the course of a single year, Akash (AKT) – a seemingly unheard of altcoin – exhibited a surprising surge, with its value skyrocketing by over 1,400%, showcasing remarkable resilience and strength in the market. This strong performance not only underscores the asset’s robustness but also positions it as a notable player in the cryptocurrency…
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Ethereum whales have been on a buying spree for a while now, which is an indication of their sustained support for the king of altcoins. These whale buys have particularly increased in the past few weeks. On-chain data from Santiment reveals Ethereum’s largest private wallets now hold an all-time high of 56.25 million ETH, representing…
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On-chain data from whale transaction tracker Whale Alerts has revealed multiple transfers of Dogecoins changing hands between unknown whales and crypto exchanges Binance and Robinhood. Large whale transfers such as this one, which collectively amounted to 1.88 billion DOGE tokens throughout the week, tend to catch investors’ attention over their motives. But this elaborate shuffle…
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According to the latest findings from CryptoDiffer, Cardano (ADA) has significantly outpaced Ethereum (ETH) in terms of average daily developer activity on GitHub over the past month. The data indicates that Cardano has surged ahead with a remarkable 245% lead over Ethereum in this crucial metric. The average daily GitHub commit size for Cardano stands…
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