The post Ripple Mints 10.5 Million RLUSD Tokens as Launch Nears appeared first on Coinpedia Fintech News Ripple Labs has taken another big step in preparing its RLUSD stablecoin for launch by minting 10.5 million tokens on the mainnet. This move is part of a series of tests designed to ensure the stablecoin can handle real-world demands before going live. The testing process includes minting, burning, and transferring RLUSD to evaluate its …
Chainlink price is experiencing a surge in bullish momentum, supported by the formation of an ascending triangle pattern. This technical structure signals potential price gains as LINK breaks through key resistance levels. Market analysts remain optimistic, with projections suggesting further upward movement for the token in the coming weeks. This renewed confidence in LINK’s trajectory The post Will Chainlink Price Reach ATH If It Mirrors Its 2021 Rally? appeared first on CoinGape .
The Dogecoin price has recently exhibited a classic bull flag pattern on its price chart, a technical indicator often signaling continued upward momentum. The Dogecoin price has mostly traded below $0.4 in the past seven days on the back of a continued price consolidation. At the time of writing, Dogecoin is trading at $0.39, sitting firmly within the consolidation phase of this bull flag pattern. KrissPax Identifies Key Target For Dogecoin Price This development of a bull flag pattern was highlighted on the social media platform X by crypto analyst KrissPax, which relays to the current bullish sentiment surrounding the DOGE price. Particularly, this bull flag pattern was highlighted on the 2-hour candlestick chart of the Dogecoin price. Related Reading: Crypto Analyst Predicts 37% Upshoot For Dogecoin Price, Points Out Support Levels A bull flag pattern is characterized by a sharp price increase (the flagpole) followed by a period of consolidation in a downward-sloping channel (the flag). This formation suggests that, upon breaking above the upper trendline of the flag, the asset may resume its prior uptrend. In the case of the DOGE price, the flag pole was created by the Dogecoin price rally from November 8 until it peaked at $0.446. Since then, a consolidation has led to the creation of a flag. As KrissPax noted, a successful breakout to the upside would push the DOGE price toward $0.60. Interestingly, the analyst expects this breakout to happen by Friday. Clean bull flag on the Dogecoin chart – target $0.60. Could we see the start of the next $DOGE breakout on Friday? Meanwhile, Dogecoin still trading right in the middle of the flag at 38 cents. pic.twitter.com/kR6WSxMQI5 — KrissPax (@krisspax) November 22, 2024 Market Expectations For DOGE’s Next Move At the time of writing, Dogecoin is trading at $0.393. A move towards the $0.6 mark would translate to a price increase of about 53% from the current price. Furthermore, reaching the $0.6 price target would put the Dogecoin price at a new 2024 high and a three-year high, but still about 22% from its current all-time high of $0.7326. Related Reading: Bitcoin Price ATH Set To Cross $139,000 According To Previous Election Cycles KrissPax’s $0.6 price target plays into a bullish outlook of the DOGE price among many crypto analysts and traders. Supporting this bullish outlook, other analysts have observed similar patterns. For instance, a report from Bitcoinist noted that the Dogecoin price could rally to its all-time high of $0.73, paving the way for a surge to the much-anticipated $1 level. Furthermore, other analysts have predicted that the DOGE price could reach $2 by the end of the year at the current pace of price growth. This bullish outlook for the Dogecoin price cuts across every part of the Dogecoin ecosystem. On-chain data has shown that Dogecoin whales are taking advantage of the price decline to load up on their holdings. Particularly, Dogecoin whale addresses holding 10 million to 100 million DOGE tokens have bought more than 550 million DOGE over the past week, worth around $214.5 million. Featured image created with Dall.E, chart from Tradingview.com
A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity in North America and Europe is being offset by a surge in
Shiba Inu burns show staggering surge as SHIB price soars 10% in merely two hours
Discover the best coins to hold for the bull run as Qubetics surges, Polkadot eyes $11, and Polygon battles to reclaim investor confidence. Join the crypto revolution! Read original article on coincu.com
The cryptocurrency market experienced a remarkable upswing this weekend, showcasing significant gains led by Cardano (ADA) with a surge of over 25%. This bullish trend reflects renewed investor interest and
Crazy Biden could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Crazy Biden (CRAZBIDE), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because CRAZBIDE 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, Crazy Biden can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to
The post Crypto Experts Says DOGE, WLTQ, And DOT Are 3 Altcoins That Will Shake The Crypto Market In January 2025 appeared first on Coinpedia Fintech News As the crypto market continues to evolve, investors are on the lookout for altcoins like Dogecoin, WallitIQ (WLTQ) and Polkadot (DOT) which are gaining massive traction and have a high potential to generate significant returns. Due to their core functionalities, popularity and potential value, crypto experts have stated that these three standout tokens — Dogecoin, …
Binance is expanding its compliance team, aiming for a 34% growth by the end of 2024, to strengthen its regulatory efforts and ensure a safer platform for its 240 million users. Binance announced plans to grow its compliance team by 34% by the end of 2024. This means they’ll have a workforce of over 1,000