The current cryptocurrency landscape is experiencing pivotal moments, particularly with XRP as traders assess its potential for a significant price rebound. Despite recent volatility, XRP’s capacity to recover suggests resilience
On December 23rd, COINOTAG News reported that Binance has acknowledged user feedback concerning the **circulating supply** data showcased on both its app and official website. In a proactive step, Binance
The post Highest Upside Altcoin Already Up 36,000% in 2024: Could Mirror Solana’s Surge From Last Bull Run After Listing appeared first on Coinpedia Fintech News 2024 has kept the cryptocurrency market on fire with explosive price movement and roaring interest from investors. A standout of the performers has to be the DTX Exchange (DTX) token, which has already raised so much traction early on before listing. Market analysts and crypto enthusiasts are now speculating whether DTX could replicate the meteoric rise of Solana (SOL) from the historic 2021 bull run. Let’s explore DTX’s growth, propelled by different market factors like the general market bullish sentiment among investors looking for the next big opportunity, and how it might deliver massive upside potential, much like Solana’s legendary surge. Solana’s (SOL) Meteoric Rise: A Case Study in Crypto Explosions Such have been the standards set by Solana’s bull run, that all the fresh altcoins look to emulate it. The blockchain platform, which is fast gaining prominence for unmatchable transaction speeds and low fees, shot up from under $1 in January 2021 to an all-time high of $264 by November of the same year. That comes to a whopping 26,000% growth in under a year. Among the architects of the SOL price increase were its revolutionary blockchain architecture, rapid developer adoption, and strategic listings on the major exchanges. As Solana’s attraction was built on its understanding of scalability in blockchain, it was viewed as the new darling of DeFi and NFT platforms alike. Years on from that historic period, Solana’s price is currently not at that level, experiencing a severe drop in the past few days and standing at $183. So investors are now eyeing DTX Exchange, which has shown similar growth potential. Could it be the next to go on that type of 2021 Solana run? DTX Exchange’s (DTX) Gains Potential is Through the Roof In a very short time, DTX Exchange is becoming a top trading platform, merging traditional financial assets with cryptocurrencies. This was the first platform with the capability for seamless trading across multiple asset classes – providing over 100,000 trading instruments and privileges up to 1,000 times in leverage. Such a pioneering approach has earned a place for DTX with more than 200,000 members in late 2024. The platform’s innovative features, such as the Phoenix Wallet for multi-asset holdings and plans to tokenize real-world assets (RWAs), set it apart in the crowded crypto landscape. DTX’s presale has been a massive hit, raising around $10 million, generating up to 36,000% as an ICO in 2024. And its potential to generate profit for investors is just as massive. Early investors also benefit from incentives such as profit-sharing and voting rights, further driving demand. The current price of its presale token is 0.12 at its sixth stage, meaning early investors from the first stage have already recorded 500% in profit. And there are speculations putting the token’s price at $0.2 by the time it lists, meaning people who invest from this point could stand to gain by 66%. DTX’s potential after listing is very promising as well, with the token having tons of utility on the trading platform that is fast becoming popular among investors. The platform has passed a detailed SolidProof audit and is listed on CoinMarketCap. That focus on security and transparency boosts investor confidence and positions DTX well to attract institutional investors, much like Solana did. As DTX continues to gain traction, it could very well replicate Solana’s legendary rise, delivering life-changing returns for early investors. For those who missed out on that, DTX offers a second chance to get in early on a project with massive potential. DTX Exchange is not just another altcoin project; it is a transformative platform that bridges the gap between traditional and digital finance. For information about DTX Exchange (DTX), visit these links: Visit Website Buy Presale Join Community
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation, and crosschain capabilities.
TL:DR; Dogecoin was once the top-performing cryptocurrency after Donald Trump’s victory, going from under $0.15 to almost $0.5. Although it has lost its momentum, especially in the past week or so, history shows that its most spectacular price surge during this cycle could still be around the corner. DOGEUSD. Source: TradingView Can DOGE Pull a 2021-Like Rally? Perhaps due to its affiliation with Elon Musk and his upcoming role in Donald Trump’s administration, Dogecoin skyrocketed after the US presidential elections. Its price exploded by more than 200% from its aforementioned bottom to $0.485 on December 8. After these quite impressive gains, though, DOGE started to retrace but still maintained the $0.4 level. However, that all changed last week when the market-wide crash pushed it south hard. In just a few days, DOGE’s price tumbled by nearly 40% to $0.26. Although such a massive correction sounds painful, it is not something unheard of for the crypto market, especially in the ever-volatile meme coin sector. Similar enhanced fluctuations have transpired in the past as well, which could actually suggest a more favorable future for DOGE. Popular crypto analyst Ali Martinez compared the recent crash to similar developments that took place during the bull cycles in 2017 and 2021. In both instances, the largest meme coin surged by triple-digits, retraced by 40-60%, and then shot up by four or even five digits by the end of the respective runs. In 2017, when #Dogecoin began a parabolic run, it surged 212%, retraced 40%, then rallied 5,000%. In 2021, it went up 476%, retraced 56%, then skyrocketed 12,000%. Now, in 2024, $DOGE is up 440% and has retraced by 46%. If history repeats, another parabolic rally is on the way! pic.twitter.com/uhf2kMc0Id — Ali (@ali_charts) December 23, 2024 Can DOGE Soar Above $10? Skyrocketing by 5,000% or 12,000% sounds quite bullish, but let’s look at these predictions more realistically. In 2017 and 2021, DOGE’s price was a lot more modest, and posting such massive gains seemed easier, at least on paper. If the OG meme coin is to surge by similar percentages from now on, its price and market cap would have to go to the stratosphere. For example, a 5,000% increase would put its price at over $13, and the market cap would be at over $1.9 trillion – or bigger than bitcoin’s current one. If DOGE repeats the 2021 gains, then its price would go all the way up to $31-32, and its market capitalization would be north of $4.5 trillion – bigger than Apple’s. Although these numbers sound quite far-fetched and history is no indicator of future price performances, this doesn’t necessarily mean that DOGE has peaked during this cycle. Dogecoin is still far away from its all-time high registered in 2021, and many other assets have managed to break their peaks, so DOGE might still have a lot of room for growth. The post Dogecoin (DOGE) Price Can Skyrocket by 12,000% If History Repeats appeared first on CryptoPotato .
FTX, the cryptocurrency exchange that caused a major collapse for Bitcoin (BTC) and altcoins with its sudden bankruptcy, still remains on the agenda. At this point, Tesla CEO Elon Musk also joined the X speculation that FTX founder SBF could be pardoned early by President Joe Biden. Elon Musk stated in a post on his X account that Sam Bankman-Fried (SBF), the founder of the bankrupt cryptocurrency exchange FTX and one of the largest donors to US Democrats, may receive an early pardon from US President Joe Biden. Musk then said he would be shocked if Biden did not pardon SBF early, adding, “I would be shocked if that doesn't happen.” Rumors that Biden could pardon SBF have caused a surge in the FTX Token (FTT) price. Following the news, the probability that Biden will pardon SBF increased from 5% to 9% on Polymarket. As is known, SBF was sentenced to 25 years in prison for multiple crimes, including fraud. SBF recently filed a court appeal against his fraud conviction, claiming that the judge overseeing his case was unfairly biased against him. However, the appeal was rejected by US authorities. SBF had previously donated $5.2 million to Joe Biden's campaign in 2020 and more than $40 million to Democrats in the run-up to the U.S. midterm election cycle. *This is not investment advice. Continue Reading: SBF's Release Is On The Agenda! Elon Musk's Comment Raises This Altcoin!
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana and BNB race to reclaim their ATH, but new contender Lunex Network threatens to steal the spotlight with smart DeFi solutions. Table of Contents Solana price faces a decline: Can it break ATH before BNB? BNB gets bullish outlook off soaring staking TVL and whale activity Can the new crypto exchange Lunex Network steal the spotlight? Conclusion The battle for crypto dominance is heating up as Solana and BNB enter beast mode, vying to reclaim their ATH. Since the US’s political shift, Solana’s price has been on steroids at the heel of positive ecosystem development and institutional interest. BNB, too, has been exceptionally impressive. BNB clinched a new ATH, and the stakes have never been higher. Which of these DeFi giants will crush its ATH first? Or can this new crypto threaten to disrupt the leaderboard and eventually take the lead? Read on to learn more. Solana price faces a decline: Can it break ATH before BNB? Solana’s price has been impressive all year, and its PoH ecosystem has dominated headlines. But this once high-flying blockchain has hit a stumbling block after recording a 17% dip. The decline in Solana’s price came at the heels of the Federal Reserve Chair’s hawkish decision. But beneath the price slump is a vibrant story of Solana’s brilliance. This year, Solana’s dApp revenue has skyrocketed 15x from DeFi and meme growth. Even TVL reached a new high. Can it harness this momentum to reclaim its ATH before BNB? With resistance at $230 and key support at $190, the race is on. BNB gets bullish outlook off soaring staking TVL and whale activity BNB is getting a bullish outlook on its ecosystem wins, especially the recent BNSOL liquid staking and renewed institutional interest. The BNSOL staked liquidity program recently surpassed $1b in TVL and has solidified Binance’s dominance in DeFi. Like Solana’s price, BNB is in recovery, too. The Fed Reserve decision hit the token hard – a 5% decline in 7 days has pushed prices below $680, but analysts anticipate a sharp rally. The whale and institutional interest that BNB is getting fueled this audacious prediction. Notably, Osprey Funds recently launched the OBNB Chain Trust. Will BNB reclaim its dominance in the race to $1,000? All eyes are on its next move. Can the new crypto exchange Lunex Network steal the spotlight? Decades after DeFi became a reality, it is still getting a monumental upgrade from the mediocre offerings of old DeFi projects. This year, a big twist came along that is threatening BNB and Solana’s dominance: Lunex Network . The new crypto exchange has been revolutionizing DeFi by merging DEXs and CEXs. This platform is rapidly gaining traction as the solution traders have long sought. Lunex Network tackles the liquidity challenge while ensuring robust security through non-custodial wallets. Its versatility is unmatched, offering an expansive selection of over 50,000 trading pairs with seamless cross-chain functionality. Right now, Lunex Network is doing more than stealing the show. While BNB and Solana prices dwindle, Lunex Network has generated massive buzz. nearly $5.5m has been raised, and the token has grown a whopping 300%, thanks to its visionary features and the unique revenue-sharing program that offers DeFi perfection. Conclusion The race to reclaim market dominance and rise to ATH is intensifying. Solana price has shown so much potential to be the next ATH contender, but BNB is also giving the perfect show. However, the real disruptor might just be the new crypto exchange Lunex Network. Its smart solutions and seamless cross-chain trading have fueled presale gains, over 300% growth to $0.0048. To learn more about Lunex Network, visit the website and socials. Read more: Big gains ahead: Filecoin, Monero, and Lunex dominate smart investor portfolios 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.
Solana and BNB race to reclaim their ATH, but new contender Lunex Network threatens to steal the spotlight with smart DeFi solutions. #partnercontent
The post Phoenix Group: UAE’s Crypto Giant Plans Nasdaq Dual Listing in 2025 appeared first on Coinpedia Fintech News Phoenix Group, the first cryptocurrency company in the UAE to list on the Abu Dhabi Stock Exchange, is preparing to dual-list on Nasdaq in the coming year. The move is expected to help the company to expand its business footprint in the global market. Here is everything you should know about the development. Read on! Phoenix Group’s Journey and Achievements Originally established in Abu Dhabi in the year 2017, Phoenix Group is now the largest crypto mining operator in the Middle East and North Africa region. Notably, it, at present, manages more than 765 MW facilities in the United States, Canada and the United Arab Emirates. Importantly, it was in October 2023 that this UAE-based company was listed on the ADX. Dual Listing on Nasdaq by Phoenix Group: A Bold Move Phoenix Group is expected to dual-list on the National Association of Security Dealers Automated Quotations in 2025. Experts believe that the move would help the company expand its business footprint in the global market. Munaf Ali, the CEO of Phoenix Group, highlighted the importance of merging traditional and digital assets, indirectly projecting the company’s commitment to financial technology innovations. Phoenix Group’s Strategic Role in Crypto Mining Phoenix Group is a prominent player in the sector of mining facility operation and distribution. Apart from handling 765 MV of mining facilities across the North American region and the UAE, it is also an exclusive distributor of BTC mining devices in the Gulf Cooperation Council region, Egypt, Kenya and Turkey. UAE’s Position in the Global Crypto Landscape The UAE is known for its welcoming attitude towards the digital economy. It has launched several government-backed digital economy programs, supporting innovation in the field of financial technology. In conclusion, Phoenix Group’s dual listing on Nasdaq in 2025 will mark a significant step in expanding its global reach, solidifying the UAE’s position as a central hub for cryptocurrency innovation, and bridging traditional and digital finance.
Bitcoin’s resilience amid market fluctuations highlights a surge of interest from both institutional and retail investors, underscoring its potential for future growth. Recent data indicates a notable increase in buying