Expert Says No ‘Magic Switch’ For XRP Price, Here’s What Can Drive Price Abov...
Crypto expert Jake Claver has explained what needs to happen for the XRP price to rally to as high as $2,500. He noted that the projected rally isn’t as easy as some make it out to be, but suggested that it is very much possible despite market cap concerns. How The XRP Price Can Rally Above $2,500 In an interview, Claver stated that there are macroeconomic global events that need to play out to cause a supply shock that would push the XRP price to $2,500. He declared that the projected rally will boil down to supply and demand economics rather than the market cap, which may be alluded to.....
Related News
Pseudonymous crypto analyst and expert Dark Defender is back with another bullish prediction for the XRP price. This time around, the crypto analyst is extending his forecast for the cryptocurrency with the price target sitting considerably higher than his previous prediction. Sending XRP Price To New $5.85 All-Time High In the most recent XRP price […]
An analysis presented by a Bitcoin expert indicates a huge chunk of the currency is now required for retirement in the US. Based on a chart posted by the analyst, “apsk32,” the average American citizen would need around 30 BTC to live comfortably during their retirement. Related Reading: Shiba Inu DEX Just Blew Up—244% Growth […]
An unconfirmed code exploit on the marketplace from TreasureDAO has allegedly caused tens of Smol Brains NFTs to be sold for zero cost. Reports emerged on Thursday of an exploit discovered on the TreasureDAO marketplace nonfungible token (NFT) trading platform that allows a user to buy items at zero cost, no matter the listing price or floor price of the collection.Security specialist for MetaMask and MyCrypo harry.eth tweeted on Thursday around 1:00 am UTC, confirming a flaw in the code on Marketplace, which allows a user to purchase NFTs for 0 MAGIC (MAGIC). At least 28 Smol Brains and....
On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active wallets, and the following day the team announced the DAO roadmap.
The Magic Ticket Airdrop and DAO
According to the developers of the Solana-based Magic Eden NFT marketplace, a DAO is in the making and the fundamentals behind the change. The team detailed that it started distributing....
Since January 31, Bitcoin (BTC) has experienced a significant correction, with the leading cryptocurrency plummeting as much as 27.52%. Currently valued around $79,000, Bitcoin’s price is precariously balanced above a crucial support level dubbed as “the magic line,” which is set at $74,000, pivotal in determining the market’s trajectory—bullish or bearish. A Historical Buffer Against Bear Markets In a recent social media post on X (formerly Twitter), market expert Doctor Profit emphasized that “the magic line” placed at $74,000 in his analysis is not just a number....