As 2024 draws to a close, Dogecoin (DOGE) has garnered significant attention from investors and analysts, with some forecasting substantial price movements. Analyst Predicts DOGE Surge to $2.28 Analyst Javon Marks projects that DOGE could reach $2.28 by year-end, citing a combination of market sentiment and technical analysis. This optimistic outlook is based on observed … Continue reading "Analyst Predicts Dogecoin (DOGE) Could Reach $2.28 by Year-End" The post Analyst Predicts Dogecoin (DOGE) Could Reach $2.28 by Year-End appeared first on Cryptoknowmics-Crypto News and Media Platform .
A widely followed analyst is suddenly issuing a warning that the crypto market may not be done correcting. Pseudonymous crypto trader Kaleo tells his 675,300 followers on the social media platform X that significant rallies may not resume for Bitcoin ( BTC ) and other digital assets until they first hit lower prices. “Still think there’s a chance we see a little bit lower across the board before we start ripping again. Just appreciate the calm that’s here while it lasts. When we do start moving up again, it’ll be violent. Up only takes a lot more energy than any other phase of the market. Plan accordingly before it’s back.” Other analysts are also weighing in on market conditions with similar near-term bearish predictions. Widely followed crypto analyst Justin Bennett tells his 115,800 followers on the social media platform X that a crypto market correction could continue until bottoming early next year. “This ETH chart I posted [on December 21st] showing $3,541 as weekly resistance was one of my concerns about crypto going into Christmas. Notice where Ethereum struggled this week. Yes, we got a Christmas bounce, but it was low volume and mostly retail. Still looks to me like we could see lower from crypto before we bottom in early 2025.” Source: Justin Bennett/X Ethereum ( ETH ) is trading for $3,367 at time of writing, down 2.8% in the last 24 hours. The analyst pseudonymously known as Rekt Capital tells his 115,800 followers on the social media platform X that Bitcoin may revisit lower levels as its Christmas rally appears to be short-lived. “Looks like that may have been the relief rally. These previously lost supports appear to be acting as resistance for the time being.” Source: Rekt Capital/X Bitcoin is trading for $95,945 at time of writing, down 2.9% in the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Analyst Issues Urgent Crypto Alert, Says There’s a Chance the Market Could Go Lower – Here’s His Outlook appeared first on The Daily Hodl .
Bitget plans to burn 800 million BGB tokens to enhance stability. Quarterly buyback program will utilize 20% of profits for token sustainability. Continue Reading: Bitget Announces Significant Update to BGB Token Strategy The post Bitget Announces Significant Update to BGB Token Strategy appeared first on COINTURK NEWS .
The crypto market surges to $3.33 trillion as meme coins like Pepeto and Pepe drive the altcoin season with explosive growth potential. #sponsored
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market surges to $3.33 trillion as meme coins like Pepeto and Pepe drive the altcoin season with explosive growth potential. Table of Contents Pepe: Resilience amid a bullish market Pepeto: Revolutionizing meme coins for the 2025 bull run Record-breaking presale and a bold road ahead About PEPETO The cryptocurrency market has surged back to a total valuation of $3.33 trillion, reigniting investor enthusiasm as altcoins outpace Bitcoin’s growth. This shift signals the onset of a potential altcoin season, with meme coins emerging as key players in the rally. Meme coin valuations have surpassed $100 billion, with established tokens like Pepe (PEPE) maintaining strong positions. As the market regains momentum, new projects such as Pepeto (PEPETO) are attracting attention, showcasing the meme coin sector’s vitality and its potential for exponential growth. Pepe: Resilience amid a bullish market Pepe continues to solidify its legacy as one of the most valuable meme coins, holding a price of $0.00001736. Over the past year, Pepe has achieved a remarkable 1154% price increase, demonstrating its enduring appeal. While its growth has stabilized in recent weeks, positive funding rates and a history of rapid rebounds suggest potential for further gains. As the third-largest meme coin by market cap, Pepe is a symbol of resilience. However, with much of its explosive growth behind it, investors are now looking toward emerging opportunities like Pepeto, a new contender with a captivating narrative and promising utility. Pepeto: Revolutionizing meme coins for the 2025 bull run Pepeto, often referred to as the God of Frogs, is quickly becoming a standout in the meme coin ecosystem. Its unique narrative, centered on recovering six legendary documents representing Power, Energy, Precision, Efficiency, Technology, and Optimization, sets it apart from other projects. These principles guide Pepeto’s utility-focused ecosystem, which includes a zero-fee exchange, cross-chain bridge, and staking rewards. Priced at just $0.000000098, Pepeto offers early investors an exceptional entry point into a project with significant potential for growth. Adding intrigue to its story, rumors suggest that a former Pepe team member is behind Pepeto, further connecting the two projects and fueling speculation. Pepeto’s smart approach, combined with its growing community and ecosystem, positions it as a transformative player ready to adopt the next wave of memecoins in its exchange. Record-breaking presale and a bold road ahead Having already raised $2.8 million, Pepeto is setting new benchmarks in its presale phase. With plans to roll out its bridge, exchange, and swap utilities, the project is steadily building the infrastructure needed to redefine the meme coin landscape. A robust marketing campaign is also on the horizon, ensuring that Pepeto captures the attention of investors ahead of the anticipated 2025 bull run. 🎄 A Christmas Message from Pepeto, the God of Frogs 🎄 Happy Christmas, Pepeto Army! Enjoy this special time with your loved ones while Pepeto, according to its roadmap, prepares to launch a new marketing campaign with 5 engaging steps and massive rewards. The last two steps… pic.twitter.com/qHyRQxPpKL — Pepeto (@Pepetocoin) December 24, 2024 For investors seeking the next big opportunity, Pepeto combines narrative-driven engagement, practical utility, and a low entry price, offering the potential for substantial returns. As the crypto market gears up for its next chapter, Pepeto is poised to lead the charge. Discover more about Pepeto’s presale and journey at https://pepeto.io . About PEPETO Pepeto is a cryptocurrency project that merges the world of meme coins with a robust utility-driven ecosystem. Designed to support the next generation of tokens, Pepeto integrates a zero-fee exchange, a cross-chain bridge for seamless token swaps, and staking rewards for long-term investors. For more information, visit the official Pepeto presale at https://pepeto.io/ . To learn more, visit the website, Twitter, Telegram, Instagram, TikTok , and YouTube. Read more: Pepeto forecast: Frog meme coin to recover from market crash 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.
As the year nears the end, Bitcoin has set up shop in the middle of East Africa. Ethiopia used its hydroelectric power, produced by the Grand Ethiopian Renaissance Dam (GERD), to facilitate Bitcoin mining. To that end, Ethiopian Electric Power (EEP) has converted latent energy into valuable digital assets, generating a revenue of 18%. Hiwot Eshetu, EEP’s marketing and business development director, asserted that Ethiopia’s grid is not yet developed and that much of the dam’s energy would otherwise go to waste . He added, “ Bitcoin miners have a lot of money to invest, and we need lots of money to develop our grid, so it’s a win-win.” GERD is Africa’s largest dam, and using it for Bitcoin sets up crypto for major adoption within Africa. According to reports, spending $1 billion on Bitcoin mining activities over the past year exceeded the profits generated from exporting power to neighboring countries. In addition, Ethiopia has monetized its surplus of electricity. Over the course of a few months, the country has generated tens of millions of dollars in income. This has been made possible by securing deals with 25 BTC mining enterprises. EEP reported generating over $55 million in revenue in the past 10 months from deals with the mining companies, underscoring the sector’s economic potential. These agreements have also attracted international miners. Ethiopia’s crypto stance and its economic effects Ethiopia’s electricity rates, at about 3.2 cents per kilowatt-hour, are among the lowest in the world. This makes it appealing to miners who are looking for affordable options. The relocation of Chinese miners following Beijing’s prohibition of crypto mining in 2021 has been the catalyst for Ethiopia’s strategic ascent in Bitcoin mining. BitFuFu and BIT mining, both sponsored by Bitmain, are notable investments that have supported Ethiopia’s expanding industry. A 51 MW Bitcoin mine and 17,869 mining machines were recently acquired by BIT Mining for $14.3 million. This is a significant milestone in the sector. Notably, Ethiopia’s mining operations presently consume approximately 600 MW of energy. However, its proportion of the global Bitcoin rate could potentially increase to 7% as a result of this expansion. Ethiopia has entered the rankings of the top Bitcoin mining nations, which include the Czech Republic, China, and the United States. It is anticipated that the country’s share of the global rate will increase as it expands its operations. This will further solidify its position in the crypto industry. However, the development of Ethiopia’s ambitious initiatives also underscores the broader repercussions of Bitcoin mining and its impact on green energy policy. What Bitcoin mining is doing for Africa In other regions of Africa, the integration of Bitcoin mining with renewable energy initiatives has resulted in substantial environmental and social impacts. In Kenya and Zambia, microgrids that operate on renewable energy sources are providing electricity to rural communities. As a result, it is facilitating the development of previously neglected regions. At the same time, the renowned Virunga National Park in the DRC employs Bitcoin mining to fund environmental initiatives. The park generates substantial monthly revenue by using hydroelectric power. This revenue is then allocated to maintaining infrastructure, paying staff wages, and supporting local businesses, such as cacao processing. However, there are apprehensions that wealthy crypto operations will exploit Africa’s emerging power-production capacity. This could happen if governments are attracted to the lucrative financial incentives. In February 2024, Angola enacted a bill prohibiting crypto-mining operations to protect the nation’s energy security. On the other hand, CNF has previously emphasized that public Bitcoin miners worldwide have amassed $5 billion in 2024 and have reinvested $3.6 billion in infrastructure and hardware development. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
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