Author: Sollcrypto

In the cryptocurrency market, making comparisons is a common practice, particularly in light of the intense competition that often unfolds between multiple tokens simultaneously. Therefore, this report will explore a realistic projection of Dogecoin’s price should the meme coin’s market capitalization ever reach the current market capitalization of Bitcoin or Ethereum. Dogecoin Matching Bitcoin’s Market Capitalization Bitcoin, the world’s leading cryptocurrency, boasts a substantial market capitalization of $521 billion. This figure surpasses the market capitalization of the second-largest cryptocurrency, Ethereum, by more than double and represents approximately half of the entire cryptocurrency market capitalization. While these statistics are noteworthy, what…

Bitcoin’s Previous All-Time High: $69,000 in November 2021; It Has Now Been 22 Months Since That Peak. While Speculating on Bitcoin’s Future Price is Valuable, Timing Its Next Peak is Equally Crucial. Past trends indicate that this milestone might still be on the horizon, with analysis pointing to a potential Bitcoin peak occurring towards the close of 2025. Past Iterations Observing Historical Trends: A Consistent Pattern Emerges When analyzing the historical data, a discernible pattern emerges in the timing of previous market peaks and troughs. Notably, the three preceding market bottoms—January 2015, December 2018, and November 2022—all exhibited a consistent…

Blockchain Capital Unveils $580 Million in New Funds for Infrastructure, Gaming, DeFi, and Consumer Technologies Blockchain Capital, a prominent venture capital group, has revealed the successful closure of two fresh funds, amounting to $580 million. These funds are designated for investments across infrastructure, gaming, DeFi, and consumer and social technologies. Among them, Blockchain Capital’s sixth early-stage fund will play a pivotal role, alongside its inaugural “opportunity fund,” designed to engage with companies that have already secured significant funding from other sources. The $580 million in funds will be allocated, with approximately $380 million dedicated to the early stage fund, while…

Ethereum Price Encounters Resistance at $1,650, But Potential for an Upside Move Persists The Ethereum price recently met resistance around the $1,650 mark against the US Dollar. ETH experienced a corrective pullback, finding support at the $1,620 level, which may pave the way for another upward push. Ethereum is currently setting its sights on a significant breakthrough above the $1,650 resistance.The price maintains its position above $1,625, accompanied by the 100-hourly Simple Moving Average.On the hourly chart of ETH/USD (data feed via Kraken), a bearish trend line was breached with resistance near $1,625.If Ethereum manages to close above the $1,650…

Bitcoin Price Maintains Support at $26,400, Potential for Bullish Momentum on Break Above $27,000 Resistance Bitcoin is demonstrating resilience by holding above the crucial $26,400 support zone. This strength in support could pave the way for a bullish uptrend if the cryptocurrency manages to close above the $27,000 resistance barrier. Key points to note include: Bitcoin’s Price Maintains Its Position Bitcoin Price Initiates a Promising Uptick Despite Brief Dip Bitcoin’s price recently embarked on a noteworthy ascent, surpassing the critical $26,200 resistance zone. It even managed to breach the $26,800 threshold, although it struggled to sustain its gains. Following a…

Litecoin’s price encountered significant selling pressure, resulting in a breakdown of the $80 trendline. As a result, LTC has dipped to around the $65 support level. Additionally, LTC has formed a double bottom pattern and is currently attempting to surpass the 20-day EMA in order to recover and potentially reverse its recent losses. However, for the bulls to successfully initiate a reversal, they will need to muster strong momentum to overcome the resilient bears. LTC had made multiple attempts to breach the $100 cluster but faced repeated rejections. The relentless bearish pressure pushed LTC back towards its initial levels and…

Shiba Inu has garnered significant attention. Like any asset, optimism fluctuates, and the pivotal query on everyone’s thoughts remains: Is it feasible for the Shiba Inu price to reach 10 cents? In this analysis, we delve into the possibilities and challenges that lie ahead for Shiba Inu. The Shiba Inu price is significantly below its peak. The remarkable rise of Shiba Inu, particularly in 2021 when it emerged as a leading cryptocurrency, is undeniable. Its trajectory mirrored the broader market dynamics, which witnessed unexpected surges in unconventional stocks and assets. Nevertheless, the situation has shifted since that time, with Shiba…

Bitcoin (BTC) takes a dip, reaching $26,506 and rounding off at $26,500 by the end of the week on September 17. This follows a period of calmer market conditions after hitting new highs earlier in September. Bitcoin reserves its volatility for the weekly closing. Data from Cointelegraph Markets Pro and TradingView indicates that Bitcoin’s price performance remained stable over the weekend. The leading cryptocurrency had previously reached $26,880 just two days ago, marking its highest point of the month thus far. Analyzing the status of the Binance BTC/USD order book, well-known trader and analyst Credible Crypto observed that a cluster…

Solana’s dominant NFT marketplace is causing a stir, boasting nearly as many daily traders as all Ethereum-based NFT platforms combined. This isn’t a mere coincidence; it underscores the remarkable synergy between Solana’s user-friendly, cost-efficient blockchain and the immensely popular realm of NFTs. Why is this significant? Solana’s blockchain isn’t just swift; it’s also remarkably accessible. When you pair this with the universal appeal of NFTs, you create a recipe for widespread adoption. Although Ethereum’s NFT marketplaces are still performing admirably, the sheer magnitude of activity on Solana’s premier NFT platform should capture anyone’s attention. Now, let’s delve into the numbers.…

“NFT analyst Loki The Bird recently posted a troubling update on the purportedly rug-pulled Momoguro NFT project, sharing concerns about the project’s deteriorating status. The X user pointed out that the situation seems to have worsened significantly, marking a stark turn of events just two months after a whistleblower’s initial alerts.” The NFT analyst asserted that Maureen, the CEO of Baobab, made an appearance in an August Discord Ask-Me-Anything (AMA) session in response to persistent community requests. Unfortunately, the session fell far short of the community’s expectations. No community members were allowed to engage or ask questions; it essentially transformed…