Not so safe? SafeMoon’s parabolic rally isn’t sustainable, traders warn
Traders say the Safemoon rally is not sustainable as the token sees massive volatility. SafeMoon, the token on Binance Smart Chain widely recognized as the Tiktok meme coin, is seeing massive volatility after its massive gains in the past week.According to the data from Dex.Guru, which tracks alternative cryptocurrencies on various blockchains, the price of SafeMoon dropped by nearly 50% in the last two days from $0.0000074 to $0.0000045.Does the SafeMoon rally have any strength?SafeMoon is a cryptocurrency on Binance Smart Chain that started out at a low market cap at around $50,000. The....
Related News
XRP has given up a serious percentage of its recent gains, with the cryptocurrency’s parabolic rally fading and showing few signs of strength as sellers rise with full force. The cryptocurrency’s parabolic rally came about shortly after it plunged to lows of $0.23 before rallying to the top of its multi-year trading range around $0.30. […]
What began as a promising effort to apply transparent rules to crypto and stablecoins has run into a serious roadblock. Related Reading: Big Bitcoin Plan: Metaplanet Heads To Miami With $250 Million BTC Strategy On May 4, 2025, ten US Senators came out swinging against the revised version of the “GENIUS Act,” stating that it […]
ZEC has entered a sharp correction phase after a 1,500% rally that pushed the Zcash price to a seven-year high of nearly $744. The coin, which became the top-performing privacy asset in 2025, is now down over 25% from its all-time high as traders question whether its parabolic uptrend has finally peaked. Related Reading: Is The Dogecoin Bottom In? Analyst Explains What Matters Now According to data from TradingView, ZEC began its meteoric rise in early September, breaking through long-term resistance levels at $400. However, analysts now warn that the asset may have reached its cyclical....
Crypto analyst EtherNasyonaL has predicted that the Dogecoin price is well-primed for a parabolic rally. This came as he alluded to the meme coin’s historical performance, while declaring it was “parabolic coded.” Dogecoin Price Eyes Rally To $1 As Analyst Says Meme Coin Is ‘Parabolic Coded’ In an X post, EtherNasyonaL predicted that the Dogecoin price could rally to the psychological $1 level, hinting that the meme coin was well-positioned for a parabolic rally. The analyst highlighted DOGE’s historical performance in the fourth quarter of 2023 and 2024, when it recorded gains of 246% and....
The Water Project, Inc., a nonprofit organization providing sustainable water projects to sub-Saharan African communities, has launched a new bold initiative, with the help of bitcoin. The organization has introduced a new program named "The Water Promise," which combines high-tech remote monitoring with local repair teams to ensure that water is reliable and self-sustainable in the long term. Each bitcoin donation will be allocated to one of 42 new sensor-enabled water projects in Kenya managed by the organization. The Water Project team is looking for donations as little as 0.196 BTC to....