Move Over Dogecoin: Solana Overtakes the Memecoin Amid NFT Craze
Driven by the recent NFT and DeFi craze, Solana’s SOL set its all-time high earlier today. According to CoinMarketCap, the cryptocurrency is up 12.62% and 70.86% in the past 24 hours and the past week, respectively. SOL’s explosive growth led to the cryptocurrency’s market capitalization soaring to over $43 billion — surpassing Dogecoin to become […]
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Crypto pundit Investments CEO has provided a bullish case for the Dogecoin price, XRP, and Solana amid this market downtrend. He revealed his price targets for these cryptos, with each target marking a new all-time high (ATH) for them. Dogecoin Price To Hit $1, XRP To $6 And Solana To $1,000 In an X post, Investments CEO predicted that the Dogecoin price will hit $1, while XRP and Solana will reach $6 and $1,000, respectively. These targets would mark a new ATH for the Dogecoin price, XRP, and Solana, whose current highs are $0.74, $3.3, and $294, respectively. Meanwhile, the analyst also....
In a shocking revelation that has stirred the crypto market, the Solana-based memecoin named DJT, initially marketed as a project backed by Donald Trump’s youngest son Barron, has been exposed as a fraudulent scheme. The orchestrator behind this scam is none other than Martin Shkreli, a controversial figure previously known for his provocative maneuvers in […]
As the price of DOGE surged eight-fold within a day, the volume of Dogecoin surpassed Bitcoin's on Binance. Dogecoin (DOGE) briefly surpassed Bitcoin (BTC) in daily volume on Binance at over $5 billion on Jan. 29. This is a first for Dogecoin, and it happened as the price of DOGE surged around eight-fold overnight from $0.012 to over $0.08.DOGE/USDT 15-minute price chart (Binance). Source: TradingView.comWhat was behind the craze around DOGE?The meteoric rally of DOGE was fueled by posts and tweets from WallStreetBets traders on Twitter and Reddit. In fact, the tweet volume also soared to....
Solana (SOL) recently lost its key support zone amid the controversial Libra (LIBRA) token launch and crash. The cryptocurrency has dropped over 12% in the last three days and some analysts suggest it risks a deeper correction to monthly lows. Related Reading: Cardano Price Eyes Impulse Move After Bearish RSI Divergence Was Invalidated, Here’s The Target LIBRA Token Crashes Solana’s Party The Solana network has been the talk of the town this cycle due to the memecoin frenzy, as it has been the go-to chain for these projects. The cryptocurrency has also been one of the leading tokens over....
Amid its breakout, Solana memecoin Dogwifhat (WIF) eyes a reclaim of $1.50 and a continuation of its bullish rally. Some analysts suggest that new highs are bound to come if the token holds above a crucial level. Related Reading: Bitcoin Next Leg Up Loading? Analyst Says BTC Could Trade Sideways For Two Weeks Dogwifhat Reclaims $1.00 Over the past month, dogwifhat has seen a massive 190% surge, climbing back to the $1.00 barrier. The memecoin has been in a downtrend since hitting its Q4 2024 high of $4.19 in November, retracing over 92% in five months. After the TRUMP memecoin and LIBRA....