Ethereum scarcity narrative is “equally strong” to Bitcoin in practice, says 1confirmation’s Nick Tomaino, predicting ETH price to surpass $10,000. Ethereum’s (ETH) growth and deflationary supply make $10,000 achievable, says 1confirmation founder Nick Tomaino, citing the network’s dominance in decentralized…
Ethereum scarcity narrative is “equally strong” to Bitcoin in practice, says 1confirmation’s Nick Tomaino, predicting ETH price to surpass $10,000. Ethereum’s (ETH ) growth and deflationary supply make $10,000 achievable, says 1confirmation founder Nick Tomaino, citing the network’s dominance in decentralized finance , stablecoins and developer community as key drivers of long-term value. We bull post ETH because we care about truth and want you to win despite what losers on X tell you. It’s going to $10K+ regardless. Facts: – The best crypto developers are still building in Ethereum just like they have been for the past 7+ years. L2s like Base and are where the… — Nick Tomaino (@NTmoney) December 31, 2024 Tomaino, who was also business developer and marketing lead at Coinbase between 2013 and 2016, argued in a recent X post that Ethereum’s scarcity narrative is “equally strong” to Bitcoin’s in practice, though it’s “not as simple on surface.” “BTC has a simple digital gold narrative that institutions are have bought into: 21M in 2140. ETH scarcity narrative is not as simple on surface but equally strong in practice.” Nick Tomaino You might also like: Ethereum price falls as spot ETF, staking inflows rise Tomaino noted that the “best crypto developers are still building in Ethereum just like they have been for the past 7+ years,” pointing to layer-2 solutions like Coinbase’s Base , which are built atop Ethereum. He also emphasized Ethereum’s role as a sandbox for innovations, explaining that successful use cases often start on Ethereum before being copied by other chains. “Once a new use case works on Ethereum every chain copies it. See NFTs and stablecoins as two examples. Ethereum dominance in these two use cases is undeniable though.” Nick Tomaino Although spot Ethereum ETFs had a slow start, inflows picked up in late 2024 and could grow even more in 2025, Tomaino says, expecting ETFs to boost staking adoption while layer-2 and layer-3 apps will drive ETH’s use as money. As of press time, Ethereum ( ETH ) is priced at $3,329, down 32% from its all-time high of nearly $4,900 in November 2021. Read more: Ethereum could surge to $6K by Q1 2025 as multiple bullish patterns emerge
Donald Trump is about to be sworn in again, and the crypto market is already counting its wins. Bitcoin wrapped up 2024 with a 120% gain, smashing through its own records to hit $108,315 in mid-December. Sure, it dipped a little after that, but let’s not pretend anyone’s crying over a 3.2% drop when the year’s gains were that good. Institutional investors have been recalibrating their portfolios, and retail traders are getting in faster than ever before. Some actually expect Bitcoin to hit $500,000 this year, and while those numbers might seem wild, the momentum is hard to ignore. Crypto has already survived three cycles of booms and busts, so what’s stopping it from breaking new ground in a political climate that’s likely to be the most crypto-friendly one we’ve ever seen? Bitcoin’s institutional grip tightens December saw a $1.8 billion outflow from Bitcoin exchange-traded funds (ETFs) in the U.S. Why? Profit-taking. The Trump-triggered rally had already pushed Bitcoin to dizzying heights, and investors were eager to cash out while the getting was good. Open interest in Bitcoin futures on the Chicago-based CME Group also dropped nearly 20% from its peak. “Bitcoin’s adoption by a wide range of institutions will stabilize spot movements and align volatility closer to equities,” said QCP Capital. “With BTC now broadly adopted by a broad spectrum of institutions—adding university endowment funds to the list this year—allocations are likely to increase, strengthening Bitcoin dominance, stabilizing spot movements, and shifting volatility dynamics closer to equities.” The industry’s biggest headache has always been legal uncertainty, but if the Trump administration delivers the clarity investors are craving, the capital flow between traditional and crypto markets would explode. Imagine Bitcoin becoming as boringly stable as blue-chip stocks—not in price, but in how institutions treat it. That’s the dream, and 2025 might just make it real. Blockchain solutions set to break through Decentralized Digital Identities (DDIs): The dream is simple: store all your personal data on a blockchain in encrypted form, where only you decide who gets to see it. Projects like Polygon ID and World ID are already in the game, but 2025 could be the year they sign up millions of users. If they pull it off, DDIs could disrupt everything from financial transactions to online authentication. No more handing over your life story to centralized databases that leak your data every other week. Oracles: If DDIs are about controlling your data, oracles are about trusting the data you’re given. Platforms like Chainlink and Band have already proven their worth in crypto ecosystems, but they’re still niche. 2025 might change that. Imagine oracles becoming the go-to source for verifiable, trustworthy information online. No more “just trust us” nonsense from traditional media or government agencies. Instead, you get data backed by financial guarantees, where the source pays up if they’re wrong. Zero-Knowledge Proofs (ZKPs): ZKPs have been around for years, but they’re finally stepping out of the shadows. These mathematical marvels let you prove something is true without actually showing the data. Crypto exchanges started using ZKPs to prove solvency back in 2023, but their potential goes way beyond that. In 2025, we could see ZKPs used for everything from verifying social media platforms’ age policies to proving supply chain integrity, especially with trade wars expected. Crypto’s affair with AI and hardware bottlenecks Artificial intelligence and crypto are like two sides of the same coin. AI needs trustworthy data to make decisions, and crypto can provide it. Think oracles and ZKPs feeding bulletproof information into AI systems. On the flip side, AI can supercharge crypto adoption by automating complex processes and making the ecosystem more user-friendly. But here’s the catch: all this tech needs hardware, and lots of it. Crypto is a computing power hog, and so is AI. We’re already seeing chip shortages and data center bottlenecks, and the problem isn’t going away. Governments might step in to regulate who gets access to these resources, which could create winners and losers in the crypto world. Will Amazon hoard all the chips for its own projects? Will independent data centers survive? These are the questions that will define the industry’s trajectory. Let’s not forget the energy issue. Crypto’s critics love to harp on its electricity consumption, and they’re not entirely wrong. But with more capital flowing into renewable energy projects and efficient mining operations, the industry is finding ways to adapt. Bitcoin’s renewable energy usage currently stands at over 56%.
Analysts from across the crypto industry are suggesting that January may herald a new altcoin season, driven by key market indicators. The relative performance of Bitcoin (BTC) against altcoins, particularly
Here's why analysts believe that an altcoin season rebound in January could be sooner than most think.
Printing a closing monthly candle with a $12,000 wick above is not a good look for Bitcoin bulls. With such a candle there are probably going to be some repercussions for the $BTC price, and they could well augur another bearish month. Breakouts and fake-outs Every time it seems that Bitcoin will finally start reversing its sideways and downwards trend, the price is stopped in its tracks. Tuesday’s nice upward price action had broken through the descending trendline, and the breakout looked as though it might reach escape velocity. However, volume did not rise sufficiently with the breakout, and the bears were able to sell the price back down with some alacrity, sending $BTC back under the ascending trendline where it continues to lurk on Wednesday. Therefore, with one fake-out to the upside, and one to the downside, it’s a 1-1 draw up till now. That said, the $BTC price has reached the very apex of the triangle that it is tracking within. What could be a decisive move is about to materialise. More sideways and downwards to come? Source: TradingView The short-term chart for $BTC shows a gradual series of higher lows against a much sharper series of lower highs. After the two fake-outs the price has been forced into a tiny space at the end of the triangle. The next move is either up, down, or sideways. If the move is downward, the ascending trendline that reaches all the way back to 2021 is a good support area. From a technical point of view, given the somewhat nasty looking monthly candle for December, downwards and sideways is probably the more likely option. With not too much happening until later in January when Donald Trump is sworn into office, the market could face some uncertain price action until then. Major trend reversal? Source: TradingView The monthly chart view for $BTC shows the candle in question. If the candle is a shooting star, it would likely herald the beginning of a new downward trend. However, it is debatable whether this is the case, given that a shooting star would generally have a smaller bottom wick. Even so, the size of the top wick is definitely a matter of concern. If the bears do have their way, the $BTC price may be forced below the ascending trendline, with the 0.382 Fibonacci at $85,000 a possible bounce level. Nevertheless, a retest of the new bull market base at the low $70,000s could be the ultimate destination. If the price did get down to this level, buying would be likely to be extremely strong. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DOGEN, with its bold vision and 500% pre-launch growth projections, could be the next big challenger to Bitcoin’s dominance in the crypto market. Table of Contents DOGEN surges ahead in 9th presale stage Bitcoin: The first decentralized digital currency Conclusion Bitcoin remains the market leader in cryptocurrencies, but a new player is capturing attention. Dogen, an emerging digital currency, is being touted as a potential game-changer with forecasts of massive growth this January. Is this the beginning of a shift in the crypto landscape, and could Dogen be set to challenge the reigning champion? DOGEN surges ahead in 9th presale stage DOGEN continues its rapid ascent, entering Stage 9 of its presale with tokens priced at an attractive $0.0013. With a projected 500% pre-launch surge, DOGEN presents a compelling opportunity for investors seeking high-growth prospects. DOGEN’s foundation lies in a bold, forward-thinking community of investors aiming for significant returns. Early participants are rewarded with exclusive perks that drive long-term value, including: Airdrop rewards: Bonus tokens for early adopters. Referral incentives: Earn rewards for expanding DOGEN’s network. Multi-level referral program: Gain up to 20% from network purchases. Staking opportunities: Passive income through staking DOGEN tokens. Exclusive campaigns: Access unique events and initiatives that foster community growth. DOGEN is charting a transformative journey from meme coin status to a functional asset. The upcoming DogeTap app underscores its evolution, adding utility and relevance within the Solana ecosystem. Transparency and rigorous audits further enhance DOGEN’s credibility, making it a standout option in a volatile market. With a well-defined roadmap and growing investor interest, DOGEN is leveraging Solana’s scalability and innovation to carve out its place in the crypto market. For those looking to enter early, DOGEN’s trajectory signals it could be a major player in the upcoming bull run. To learn more about DOGEN, visit the official website. Bitcoin: The first decentralized digital currency Bitcoin (BTC) is the first cryptocurrency, based on blockchain technology. It allows peer-to-peer transactions without a central authority. Created by Satoshi Nakamoto, Bitcoin was introduced to enable an electronic cash system. It operates as a distributed ledger across network nodes, removing intermediaries like banks. Transactions are verified through mining, where miners solve puzzles to validate transactions and earn bitcoins. BTC has achieved a significant milestone, crossing $100k this year. The market cap has surged to $1.95t, and the 24-hour trading volume is $36.72b. Currently priced at 93k, analysts are eyeing the next resistance level at $96k, with support holding firm at $90k. Conclusion BTC and others have less short-term potential, but DOGEN offers exceptional growth. Designed for those seeking success, it’s set for 700% presale growth, with potential for thousand-fold returns this altcoin season. Following tokens like BONK, DOGEN builds a community of leaders, offering real benefits and exclusive perks for early adopters. For more information, visit the official DOGEN website and join the community on X and Telegram . Read more: Solana’s next big thing: DOGEN set to rocket to $10 outshining BONK, WIF Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
DOGEN, with its bold vision and 500% pre-launch growth projections, could be the next big challenger to Bitcoin's dominance in the crypto market. #partnercontent
The Dogefather (Elon Musk) never stops memeing. Even on New Year’s Eve. As most of us were running last pre-celebration errands or sipping (quaffing?) champagne, Musk was doing what he does best. Shitposting on X. Because how you spend New Year’s Eve is how the rest of the year will go. And Musk evidently plans to keep ‘keking .’ Without much explanation, Musk changed his profile picture to an image of Kekius Maximus – a meme featuring Pepe the Frog dressed as a Roman general. Users quickly drew parallels with the new meme coin Kekius Maximus ($KEKIUS) and hopped on a buying spree. $KEKIUS surged by 136%, $KEKE by 893%, and $PEPE by 19%. Some believe 2025 is the Year of the Snake. But degen investors know it’s the Year of the Frog. We hand-picked the best frog-themed tokens to kick off the year with a bang. $PEPE – The OG Frog Coin Is Still Worthy $PEPE is always on the list; this goes without saying. The original frog coin has a $8B market cap. Whenever a new Pepe-inspired token explodes, $PEPE holders see some nice gains. $PEPE comes from the old generation of meme coins that had no utility whatsoever. Still, its strong community of HODLers makes $PEPE a relatively safe investment even now, nearly two years from launch. $KEKIUS – Can Musk’s Choice Become the Meme Emperor? Musk first endorsed Kekius Maximus on December 10, when he reposted an image created by X’s AI Grok. Mere minutes later, the X community created the original $KEKIUS token. The character is a combination of the internet slang word ‘kek’ (meaning ‘to laugh’) and Roman general Maximus Decimus Meridius from the 2000 movie Gladiator . After Musk changed his name and picture to Kekius Maximus on X, the token pumped 136%. It’s still early to judge whether $KEKIUS will sustain its momentum and rule the crypto empire as $PEPE does. But early supporters may still see some upside. $WEPE – A Frog That Rivals Crypto Whales Just as Maximus Decimus Meridius stood against the corrupt Emperor, Wall Street Pepe ($WEPE) stands against whales conspiring in insider trading groups. On a mission to democratize crypto trading, $WEPE is assembling the Frog Army – a community of degen investors – to share knowledge and tested strategies. $WEPE has already garnered impressive traction in its presale, with nearly $39M raised so far. One $WEPE now costs $0.0003662, but the price will increase shortly. $SOLX – The First Solana Layer-2 Network Solaxy ($SOLX) is a meme-meets-utility token that addresses the scalability issues of the Solana main net. Behind its Pepe-themed facade is a proprietary Layer-2 solution that aims to speed up transaction processing and lower fees. In its first month in presale, $SOLX raised $7.5M. Analysts like ClayBro predict it could blast into the stratosphere after listing, so the current price of $0.001586 presents a low entry point into this innovative ecosystem. $MEMEX – Four Meme Coin Baskets to Spread Risk Meme Index ($MEMEX) shows what happens when the thirst for gains blends with distaste for suit-and-tie vultures. The meme coin market is unpredictable. Who would’ve thought $KEKIUS would soar 136% in one day? You can get rich or lose everything in one day. The tricky part is finding the right project to put your money into and when to bail. Meme Index streamlines investing with four meme coin baskets catered to different risk appetites. Its native token, $MEMEX, is currently on presale at $0.0148047. The next price uptick will happen in 22 hours, so there’s no better time to get in than now. Meme Coin Market Cap Leaps to $11B The cumulative frog meme coin market cap surpassed $11B. While $PEPE still reigns supreme, newcomers like $KEKIUS, $WEPE, $SOLX, and $MEMEX have the potential to challenge the status quo. However, there’s no way to tell for sure which token will become the next top frog. That’s why we remind you to do your own research, diversify your portfolio, and only invest as much as you can afford to lose.
Experts predict a notable rise in altcoins during 2025. Bitcoin price movements significantly influence altcoin trends. Continue Reading: Experts Anticipate Significant Altcoin Growth in 2025 The post Experts Anticipate Significant Altcoin Growth in 2025 appeared first on COINTURK NEWS .