Analyst Javon Marks forecasts that Dogecoin (DOGE) price is poised for a major rally, potentially reaching $20 during the ongoing bull cycle. Marks’ analysis is based on historical performance trends, which have shown progressively larger price gains in Dogecoin’s previous cycles. Current market activities, including a rebound in DOGE price and increased whale transactions, suggest a promising outlook for the meme coin. Will Dogecoin Price Surge to $20? Analyst Predicts Monumental Bull Cycle Ahead In a recent analysis shared on X (formerly Twitter), Javon Marks expressed confidence in Dogecoin’s potential to achieve unprecedented growth during the ongoing bull cycle. His observations highlighted a pattern of progressively larger price gains in Dogecoin’s previous cycles, with the current trajectory suggesting another monumental run. According to Javon’s analysis, DOGE price cycles exhibit exponential growth during bull runs, with significant surges noted in 2017 (90x) and 2021 (306x). Based on these historical patterns, projections for 2024 suggest a potential surge exceeding 306 times, targeting prices above $20. The chart highlights consistent upward trends leading to explosive rallies, driven by market momentum and investor sentiment. If DOGE replicates past performance, the next cycle could see unparalleled highs. Source: X Additionally, Dogecoin price recently rebounded to $0.3226 after touching a weekly low of $0.3097. This movement indicates that the $0.3097 mark could be a potential floor price signaling further upward momentum. These analyses are in line with recent bullish predictions by Galaxy Research , which projects Dogecoin to reach $1 by 2025. The firm highlights key fundamentals like whale accumulation and Elon Musk’s D.O.G.E. initiatives as catalysts for this growth. While Dogecoin faces competition from other memecoins, its historical growth patterns suggest this target is achievable. Whale Activity Boosts Dogecoin Ecosystem The Dogecoin ecosystem has experienced a surge in whale activity, signaling increased interest among large-scale investors. Data from IntoTheBlock revealed that large transactions within the Dogecoin network have risen by 41% in the past 24 hours, with a cumulative transaction value exceeding $23 billion. This uptick in whale transactions is a positive indicator for the meme coin rally, reflecting heightened market participation and liquidity. The sustained activity in this price range could provide the foundation for a stronger rebound in the midterm. According to a recent Coingape report, Dogecoin price is signaling a bullish reversal as DOGE whales have accumulated an impressive 90 million DOGE in just two days. This surge in whale activity reflects growing interest among investors and suggests a meme coin rally. Positive on-chain indicators and increased market activity further support this sentiment. At press time, DOGE price is trading at $0.3224, reflecting a 2.57% increase in the past 24 hours. The meme coin rally market capitalization stands at $47.52 billion, with a 24-hour trading volume of $1.43 billion. The post Will Dogecoin Price Hit $20 On Its Next Leg Up? appeared first on CoinGape .
El Salvador’s recent acquisition of Bitcoin further establishes its role as a significant player in the global cryptocurrency landscape. As of now, El Salvador has amassed a total of 6,000.77
ProShares' Bitcoin-denominated ETFs could accelerate crypto integration in traditional finance, influencing investment strategies and market dynamics. The post ProShares seeks SEC approval for Bitcoin-denominated ETFs tracking S&P 500, Nasdaq-100, and gold appeared first on Crypto Briefing .
El Salvador joins the US, China, the UK, Ukraine and Bhutan as the only countries with Bitcoin holdings currently above 6,000 BTC.
The crypto whale gained significant profits from AI16Z token investments. AI16Z token's market performance indicates strong growth potential. Continue Reading: Crypto Whale Gains 5.66 Million Dollars from AI16Z Token Investment The post Crypto Whale Gains 5.66 Million Dollars from AI16Z Token Investment appeared first on COINTURK NEWS .
Renowned macro investor and Real Vision CEO Raoul Pal has expressed strong optimism about XRP, pointing to a major breakout in its long-term price chart. In a recent market analysis, Pal called its performance on the weekly chart “astounding,” highlighting bullish technical formations forming around the cryptocurrency. According to Pal, XRP has broken out of a seven-year giant wedge formation, a key technical signal that could signal significant upward momentum. “Look at the weekly chart of XRP, it’s astonishing,” Pal said. “This seven-year giant wedge has broken out. Who knows where this chart is going to go?” Related News: Veteran Analyst il Capo Reveals He's Buying More of This Altcoin After Today's Rally Pal noted the repeated wedge formations in XRP’s price history, noting that XRP has consistently formed similar patterns before breaking higher. “We are currently building another wedge ready for the next high,” he added, suggesting that XRP’s rally may still be in its early stages. While XRP is on the rise, Pal noted that other cryptocurrencies like Sui could also outperform XRP in the near-term. Comparing the two, Pal observed that Sui appears to be gaining traction over XRP based on its own charts. *This is not investment advice. Continue Reading: Cryptocurrency Millionaire Raoul Pal Announces Breaking of 7-Year Formation in Giant Altcoin: “Stunning”
In 2024, Kyrgyzstan, a country whose lawmakers are pushing for Bitcoin legalization , faces a surprising setback in its crypto-mining sector. A recent report revealed that the country’s tax revenue from mining operations dropped by 50% compared to the previous year. As the crypto market boomed worldwide, Kyrgyzstan’s mining tax receipts fell sharply, signaling deeper issues within the industry. Kyrgyzstan’s Sudden Decline in Bitcoin Mining Tax Revenue Kyrgyzstan’s mining tax revenue in 2024 amounted to 46.6 million Kyrgyzstan soms, equivalent to $535,000. This represents a significant decline from the previous year’s total of 93.7 million soms, about $1.08 million. This dramatic decline came despite the rise in global cryptocurrency valuations. The decline was evident early in the year, with tax revenues dropping 29.7% during the first seven months of 2024 compared to the same period in 2023. The country’s tax system on crypto mining includes a 10% tax on electricity usage and value-added and sales taxes. This model initially boosted revenue, especially in 2023. Early in the year, Kyrgyzstan reported an impressive increase in mining taxes, bringing in 78.6 million soms ($883,000) in the first few months. This is a sharp rise from the 11.1 million soms ($133,200) collected during the same period in 2022. What Caused the Drop? The reasons behind the sharp drop in tax revenue remain unclear, but several potential explanations exist. Regulatory uncertainty, possibly stemming from unclear or changing policies on crypto mining, may have caused a reduction in mining activity. Additionally, the mining industry could face operational challenges, such as rising costs or changes in energy policies . Kyrgyzstan’s inexpensive hydroelectric power has long been a key factor driving crypto miners to the country. However, recent changes in energy policies or shifts in electricity costs may have impacted mining operations. This could lead to decreased activity and, consequently, lower tax receipts. Kyrgyzstan to Explore Sustainable Solutions for Crypto Mining The drop in mining tax revenue may be a setback. However, it presents Kyrgyzstan with an opportunity to rethink how to support the industry sustainably. Germany’s success with using excess renewable energy for Bitcoin mining offers a potential model for Kyrgyzstan, where hydroelectric power could be better utilized. Countries like Canada and the United States are also exploring ways to integrate crypto mining with the energy grid, reducing carbon footprints. This approach aims to make the sector more sustainable and viable in the long run. Kyrgyzstan could boost revenue by attracting sustainable crypto miners while promoting clean energy. Embracing innovative solutions and new regulatory frameworks could help the country grow its mining sector and sustain its economy in the long term. These global shifts provide valuable insights for Kyrgyzstan as it navigates the complexities of crypto taxation and sustainable growth. The post Kyrgyzstan’s Bitcoin Mining Revenue Takes a Hit in 2024 appeared first on TheCoinrise.com .
The crypto industry is buzzing with fresh opportunities, and 2025 is shaping up to be a year of exciting presales. One standout is Web3Bay ($3BAY), a decentralized e-commerce platform poised to transform global commerce with blockchain technology. With the potential to redefine how businesses and consumers interact online, Web3Bay has quickly become a top contender among the best crypto presales to invest in for 2025. The global e-commerce market is projected to hit $8.1 trillion by 2026, with blockchain integration expected to play a crucial role in enabling borderless transactions, reducing costs, and enhancing transparency. As Web3Bay gears up to bridge the gap between traditional and blockchain commerce, it offers early investors a chance to capitalize on this transformative potential. But Web3Bay isn’t alone in the race. Alongside it, other presales like Crypto All-Stars, Pandana, Metacade, and Aptos have caught the eye of savvy investors. In this article, we’ll explore Web3Bay’s unique features and why it could be the ultimate pick for crypto enthusiasts in 2025. Top Crypto Presales of 2025 With many exciting projects entering the market, 2025 is expected to bring exceptional opportunities for presale investors. Among the frontrunners are Web3Bay, Crypto All-Stars, Pandana, Metacade, and Aptos. These projects showcase unique features and innovative approaches, making them top choices for those seeking the best crypto presales to invest in for 2025. Web3Bay: Transforming Global Commerce Web3Bay stands out as a revolutionary e-commerce platform that combines blockchain technology with traditional payment systems. Unlike conventional marketplaces that impose high fees and rely on centralized control, Web3Bay offers a borderless, decentralized ecosystem where merchants and consumers can interact directly and securely. The platform’s hybrid payment model is a game-changer. While transactions can be made using Web3Bay’s native token, $3BAY, it also supports traditional payment options like PayPal. This flexibility ensures inclusivity, enabling both crypto-savvy users and those unfamiliar with blockchain to participate seamlessly. One of Web3Bay’s most appealing features is its presale structure. Tokens are currently priced at $0.003, with a 15% price increase at each of the 28 presale stages. This setup rewards early investors with the potential for exponential gains, with projected returns exceeding 6430% by the time the platform fully launches. Key Features of Web3Bay: Decentralized Marketplace: Offers a transparent, user-driven platform where participants have full ownership of their data and assets. Lower Transaction Costs: Blockchain integration reduces fees, making e-commerce more accessible for merchants and consumers. Enhanced Security: Smart contracts and decentralized storage ensure trustless transactions and data protection. Community Governance: Plans to transition into a DAO (Decentralized Autonomous Organization) will give users a say in the platform’s future. Web3Bay’s vision of creating a truly borderless digital marketplace has positioned it as one of the best crypto presales to invest in for 2025. Other Notable Presales for 2025 Crypto All-Stars (STARS) Crypto All-Stars is a unique project aimed at revolutionizing the meme coin ecosystem. With its flagship feature, MemeVault, investors can stake popular tokens like Dogecoin and Shiba Inu in one convenient platform. The native STARS token boosts rewards, offering triple staking incentives. With over $9 million raised during its presale, Crypto All-Stars has demonstrated strong community support. Pandana (PNDN) Pandana is a DeFi platform focused on simplifying financial services such as staking, yield farming, and liquidity provision. By offering user-friendly tools and lower fees, Pandana bridges the gap between traditional finance and DeFi. The PNDN token powers the ecosystem, providing governance rights and multi-layered rewards. Its streamlined approach makes it an appealing option for both new and experienced DeFi users. Metacade (MCADE) Metacade is an innovative Web3 gaming platform where users can create, share, and play games while earning rewards. Its native token, MCADE, supports play-to-earn mechanics and NFT trading within the ecosystem. By fostering a community-driven environment, Metacade empowers users to influence the platform’s direction, making it a vibrant hub for gaming enthusiasts and developers. Aptos (APT) Aptos is a high-performance blockchain developed by former Meta engineers. Using the Move programming language, it enhances the security and efficiency of smart contracts. Aptos’ parallel execution enables high transaction throughput, positioning it as a leader in scalability. With its growing user base and innovative technology, Aptos remains a strong contender among the best crypto presales to invest in for 2025. Why Web3Bay Should Be Your Top Choice While all these projects bring unique value to the table, Web3Bay’s focus on solving real-world challenges in e-commerce sets it apart. Its ability to integrate blockchain technology with traditional payment systems ensures inclusivity, while its decentralized governance model empowers users to shape its future. The presale structure provides an opportunity for early investors to reap substantial rewards, with $3BAY tokens projected to deliver exceptional returns. Whether you’re new to crypto or a seasoned investor, Web3Bay offers a compelling combination of innovation, utility, and growth potential. Final Thoughts: Best Crypto Presales to Invest in for 2025 As we approach 2025, crypto presales like Web3Bay, Crypto All-Stars, Pandana, Metacade, and Aptos are creating waves with their unique approaches and transformative potential. These projects represent the next wave of blockchain innovation, offering early investors a chance to capitalize on exponential growth. Among them, Web3Bay shines as a leader in decentralized e-commerce, addressing real-world challenges with its hybrid payment system, reduced fees, and inclusive governance. With its presale in full swing, Web3Bay could be the key to unlocking significant gains in the coming years. If you’re seeking the best crypto presales to invest in for 2025, Web3Bay should be at the top of your list. Join Web3Bay Presale Now: Presale: https://web3bay.io/buy Website: https://web3bay.io/ Twitter: https://x.com/web3bayofficial Instagram: https://www.instagram.com/web3bayofficial/ Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Trump Cyborg could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Cyborg (TRUMPCYB), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days. This is because TRUMPCYB is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Cyborg can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump Cyborg could become the next viral memecoin. Trump Cyborg launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump Cyborg on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet and swap Solana for Trump Cyborg by entering its contract address – 9yaNQ89EaQ2nEDczZpuTZfDwfiYCxbwSYC4JeiWLDE57 – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like TRUMPCYB. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Amid crypto’s legal battles, a surprise contender raises $4M in presale, hinting at shifts in the digital currency landscape. #partnercontent