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Now could be the best time to buy DOGE, XRP and new trending altcoin
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20 hours agoon
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Analysts highlight Dogecoin, XRP, and Yeti Ouro as top picks, with XRP soaring, DOGE poised for a breakout, and YETIO offering presale discounts for early investors.
Amid a slight pullback to start the week, analysts believe that it could be the best time to invest in Dogecoin, XRP and the new DeFi altcoin Yeti Ouro (YETIO). Dogecoin has had an unimpressive weekly showing and can now be acquired at a slight discount, while XRP has been one of the best performers in that time and is likely to continue soaring. Yeti Ouro is in its first presale stage, where it’s going for a discounted price as well, making it the best time to get in before it explodes.
The XRP show continues; Is DOGE next?
It has undoubtedly been XRP’s bull rally. The token has quadrupled its value since the start of November as it repays investors who have stuck with it during the trying times. XRP price started the week with a 20% rise in just 24 hours. This was even more impressive given it was against the tide, as seven of the other top cryptos were in the red, with Solana leading the dip at 6%. This brought the total gains over the past seven days to 50% for XRP.
Ripple’s XRP price hit a peak of $2.5 on Sunday night, its highest in six years and ten months. The last time XRP was at this level was in mid-January, 2018, during the bull rally, where it set its all-time high at $3.84. At $2.5, XRP’s market cap was a staggering $141.5 billion, which flipped Tether to become the third-largest crypto after Bitcoin and Ethereum. At that market cap, it was more valuable than Japan’s largest bank, MUFG, and American banking giant Citibank.
XRP has since dipped slightly, allowing Tether to reclaim its position. However, its unfazed momentum in the November bull rally indicates that it’s only a matter of time before it cements its claim to the third position, which it held for years before the SEC came in with its bogus lawsuit and obliterated the token’s market.
As XRP soars, Dogecoin has been a mixed bag. It was among the first to surge after the November 5th elections, but since then, it has been trading sideways on most days. In the past week, it has dipped over 5% and is struggling to maintain its price above $0.4093.
The memecoin’s sideways trading has allowed it to consolidate over the past week, which precedes a major upward breakout. It has struggled to rise past the critical resistance level of $0.43, but once it does, it will surge toward the key psychological level of $1.
Investors flock to Yeti Ouro
Investors are also flocking to Yeti Ouro, a new DeFi altcoin that they believe will yield greater returns than XRP and DOGE. Yeti Ouro’s ongoing presale has attracted thousands of investors who have purchased over 70 million YETIO tokens, raising $842,000 for the project.
Yeti Ouro is focused on offering utility through its native YETIO token, setting it apart from most meme coins today which rely purely on speculation. The token powers its Yeti Go play-to-earn racing game, where players pay race entry fees and receive rewards for winning races in YETIO. They can also purchase weapons and customizations in YETIO and stake the tokens to unlock exclusive rewards.
Yeti Ouro has capped the token’s supply at one billion tokens and allocated 5% to the token burning mechanism, further boosting its performance by making it deflationary.
To learn more about Yeti Ouro Community, visit the website, Twitter, Telegram, and Discord.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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SHIB & Bonk poised to race with XRP in 2025 as Lunex Network set to replicate BNB’s ICO
Published
3 days agoon
December 1, 2024By
adminDisclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Investors eye Q1 2025 as Shiba Inu, Bonk, and XRP rival Lunex Network, poised to emulate BNB’s ICO success in the crypto market.
With investors anticipating Q1 2025, the crypto landscape is buzzing with potential. As Shiba Inu and Bonk try to compete with established players like XRP, Lunex Network is making waves aiming to replicate BNB’s ICO success. With advancing market developments and investor interest, Lunex Network might be the next big crypto next year.
Shiba Inu’s token burns to drive SHIB’s scarcity
Shiba Inu, a meme coin community favorite, has skyrocketed from its 2020 debut by an amazing 1,944,604.08%. Today, Shiba Inu has gained over 2% at $0.00002589 within the last twenty-four hours and 212% in 12 months.
However, Shiba Inu hasn’t had a smooth ride. SHIB sits 14th on CoinMarketCap’s crypto rankings with a $15.24 billion market cap after briefly making the top ten. Efforts to boost Shiba Inu’s value include a 5,545.73% burn rate increase, removing over 61 million tokens. This community-driven mechanism aims to limit supply and increase scarcity.
While Shiba Inu aspires to reach $0.01, it needs a staggering 38,530% leap. Nonetheless, experts at CoinCodex predict a possible high of $0.000113 by June 2025, a 337% rise, keeping hopes alive for Shiba Inu enthusiasts.
Bonk is nearing an all-time high after a 100% surge
Bonk has jumped nearly 100% in the past month and has dominated crypto analysts’ interest. As of November 29, Bonk traded at $0.000048, below its record high.
Bonk uses Solana’s low transaction cost and speed to compete with Ethereum-based tokens and this advantage has attracted investors into its ecosystem.
Also, viral social media trends on TikTok and its engaged community have helped Bonk expand. Bonk might continue to trend between $0.0000378 and $0.0000925 in Q4 2024 according to DigitalCoinPrice experts.
Lunex Network: A promising DeFi platform with high potential for growth
Lunex Network (LNEX) is a blockchain-based DeFi exchange supporting over 50,000 assets.. With its advanced smart contract technology, Lunex Network charges low transaction fees and offers lightning-fast swaps to users.
Unlike traditional exchanges, Lunex Network prioritizes privacy. The platform allows fully anonymous trading by eliminating intrusive KYC (Know Your Customer) checks for traders. This focus on security and user anonymity positions Lunex Network as a unique player in the decentralized finance market.
The platform features a revenue-sharing model, distributing a portion of weekly profits to LNEX token holders. This ensures that traders and users enjoy passive income just by holding LNEX. With a capped supply of 8 billion tokens and a deflationary mechanism, Lunex Network creates scarcity that appeals to investors.
For experienced traders, Lunex Pro offers advanced tools like live market data, customizable trading strategies, and faster execution speeds. These features cater to high-volume users seeking precision and efficiency.
Priced at $0.0033, Lunex Network is positioned for growth. A Tier-1 centralized or decentralized exchange listing could increase LNEX’s value to $0.0216, offering a potential 596% return for early adopters.
Lunex Network combines scalability, privacy, and profitability, making it a compelling choice for both new and seasoned investors.
For more information, visit the Lunex Network official website and join the online community for the latest updates.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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Shiba Inu mirrors Dogecoin’s breakout; here’s what to expect
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3 days agoon
December 1, 2024By
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A top analyst sees parallels between Shiba Inu and Dogecoin’s price breakout, with WallitIQ AI token also set for growth.
A leading analyst noticed similarities between the Shiba Inu price chart and the Dogecoin price breakout, stating that history may repeat itself. While the possibility of the Shiba Inu price mirroring the Dogecoin price performance is probable, the emerging WallitIQ AI token could also see fast growth due to its innovative wallet functionalities.
Shiba Inu price set to replicate the Dogecoin price breakout
In a recent post on X (formerly Twitter), a leading analyst, Ali Martinez, observed that the Shiba Inu price behavior closely resembled the Dogecoin price historical trajectory. The Dogecoin price, which surged from $0.1 to $0.4 earlier this month, experienced double-digit gains driven by bullish catalysts such as the US presidential elections and Elon Musk’s influence.
Similarly, the Shiba Inu price appears to be tracing a comparable pattern in its price chart. Martinez noted that between 2021 and 2024, both the Dogecoin price and Shiba Inu price showcased parallel actions, including major rallies, sharp declines, and periods of consolidation.
For instance, the Dogecoin price historic 2021 surge to its all-time high of $0.73 was followed by a drop to $0.05 in 2022. After a recovery above $0.1 in 2023, the Dogecoin price saw steady consolidation and eventually rallied back to $0.4 in 2024.
The Shiba Inu price trajectory aligns closely with this. After reaching an ATH of $0.000083 in 2021, the Shiba Inu price plummeted to $0.000007 in 2022, entered a prolonged consolidation phase, and started recovering in 2024. The Shiba Inu price recently climbed above $0.000044 before retracing to $0.00001.
WallitIQ’s crypto wallet: The driving force behind its rise as a top investment pick
WallitIQ has created a smart wallet system that will outperform standard wallets regarding transaction speed, profit potential, and security. With its unique AI-driven technology, WallitIQ is changing this crypto market and meeting the changing demands of crypto owners.
WallitIQ’s appeal is derived from its wallet, which is powered by AI and machine learning (ML). This wallet combines advanced security with an intuitive, customizable interface designed to improve user experience and address any issues investors may have with current wallets.
Security-wise, WallitIQ monitors account activity in real-time to spot unauthorized access attempts or suspicious activity. With features like fraud detection, biometric authentication, and robust malware protection, WallitIQ offers more than basic security. SolidProof, a leading security and auditing firm, has audited the crypto wallet, boosting investor confidence and guaranteeing the safety of its crypto holdings.
WallitIQ further improves the experience by eliminating the lag of traditional wallets. Its “Scan and Pay QR” feature simplifies transactions. Consequently, transaction fees are paid with its native token, WLTQ, eliminating the stress of converting other assets to offset gas fees.
Thanks to WallitIQ’s special Physical 2 Digital (P2D) wallet feature, crypto wallet users can also effortlessly switch between digital and physical assets while trading. With P2D, users can store their IDs, licenses, documents, and so on.
WallitIQ uses traders’ data and provides behavioral and predictive analysis in real-time, enabling them to trade crypto and DeFi assets profitably. When users are absent, the wallet can also function as a trading robot, allowing them to issue commands and place trades.
Based on in-depth data analysis, the AI wallet also provides smart transactions and sophisticated portfolio management. These AI features improve the wallet experience and help users make better trading decisions.
Still in the first stage of the WLTQ presale, the platform has raised over a million dollars, signaling high investor interest. As a result, investors who have yet to secure their WLTQ tokens are advised to start purchasing them now, as they are still valued at $0.0171 during the current presale.
Conclusion
WallitIQ’s unique wallet features could be a major catalyst in its growth in the DeFi space. Investors can join the WLTQ train now before it leaves the station. The WLTQ token has also been listed on CoinMarketCap.
To learn more about WallitIQ, join the WallitIQ presale and the WallitIQ community
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Crypto whales buy Toncoin and new altcoin sensation for double-digit returns
Published
3 days agoon
December 1, 2024By
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Shiba Inu aims for top 5 in crypto by 2029, with rising interest in Toncoin and Yeti Ouro signaling market shifts.
Shiba Inu (SHIB) has been trending in the crypto space following statements made by the anonymous lead developer Shytoshi Kusama about the future of the coin. Kusama confirmed that he wants to take SHIB from the 15th position among cryptocurrencies to the top 5 within the next five years.
Meanwhile, other crypto projects, including Toncoin (TON) and Yeti Ouro, are also seeing increasing interest from investors, suggesting a shifting dynamic in the meme coin and DeFi sectors.
Shiba Inu’s burning efforts and market impact
The SHIB token has been under increased token burning by the Shiba Inu community. This in turn has led to a decline in the supply of the token. In the last 24 hours alone, the number of SHIB tokens sent to burning has crossed 1.28 billion with a 2,055% rise in the burn rate.
The burning activity is in line with a 5% rise in the SHIB price showing that these efforts are bearing fruits in the market. Shiba Inu coin price currently stands at $0.00002626.
At the same time, the founder of SHIB, Shytoshi Kusama, has shared his plans to bring the cryptocurrency into the top 5 by market capitalization. As of today, SHIB is the 13th most popular cryptocurrency, with an overall market capitalization of $15.27 billion.
To realize such a goal, the token would have to rise in value by 517% in the market, maybe even overtaking BNB which is currently the fifth-largest coin with a market capitalization of $94.23 billion.
Toncoin’s bullish outlook as price targets $10
Similarly, the trading volume of Toncoin has also been rising in the market. At the time of writing, the Toncoin price is trading at $6.32 with 72% of TON holders realizing profit. The price action has been forming a bullish pattern, known as an ascending triangle, indicating that the coin could be heading higher.
If the price is to break the current resistance level it has at the moment, it could go up to $9.00 with other targets suggesting it could rise to $10.
The impressive performance of Toncoin is a cause of interest among investors who are on the lookout for new and potentially profitable opportunities in the altcoin market. Investors are looking for profit-making opportunities as the coin keeps on gaining steam owing to the fact that it is an integral part of the Ton blockchain network.
Yeti Ouro gains momentum with unique DeFi and gaming features
In the course of these developments, a newcomer in the crypto sector in the form of Yeti Ouro (YETIO) has emerged. Launched on the Ethereum network, Yeti Ouro is a blend of meme coin, DeFi, and gaming with the upcoming P2E game, Yeti Go. The game, expected to be released soon, will see the players earning YETIO tokens as they engage in competitive racing to overcome other players.
Yeti Ouro is still in its presale stage and has managed to collect over $730,000. To ensure the scarcity of its token and to provide long-term value for investors, Yeti Ouro has a total supply of 1 billion tokens.
This project has attracted the attention of large investors in the cryptocurrency market, and its Black Friday campaign, which includes a 20% discount on token purchases, is anticipated to increase its popularity further. Highlighting ongoing developments, the team has recently shared a behind-the-scenes video showing the efforts underway ahead of the launch of the ecosystem.
To learn more about Yeti Ouro community, visit the website, X, Telegram, and Discord.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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