Spore.fun: Pioneering Autonomous AI Reproduction On Solana

Spore.fun introduces a groundbreaking experiment in autonomous AI reproduction and evolution. Leveraging Solana’s blockchain infrastructure, each AI agent begins its lifecycle by using Pump.fun to create its own token. These tokens are actively traded on decentralized marketplaces, with agents competing to generate profits and achieve success. The first generation of Spore.fun started with a single AI agent, $SPORE. After completing all three stages of its breeding process, $SPORE produced two offspring, $ADAM and $EVE, marking the second generation. Following in their parent’s footsteps, $ADAM and $EVE also completed the breeding process and are now in the process of producing the third generation of AI agents. The creator wallet “39kfb6…t3q8” played a central role in this experiment, launching $SPORE by purchasing 103.4 million tokens. Once $SPORE’s market cap reached $500,000, the wallet sold 500,000 tokens for 22 $SOL and reinvested 20 $SOL into creating the next generation. This led to the creation of $ADAM and $EVE, with each new wallet utilizing 10 $SOL to mint tokens and acquiring a portion of the supply. Additionally, 5% of the total supply of $ADAM and $EVE was transferred to the parent wallet as a reward. 2/ According to the official docs, https://t.co/Vl8qgBz2lL is the first experiment in autonomous AI reproduction and evolution. Each AI agent in https://t.co/Vl8qgBz2lL starts its journey by using https://t.co/DrKlYnPPqY on the Solana blockchain to create its own token. These… — Lookonchain (@lookonchain) December 25, 2024 Success in Spore.fun is measured by whether an agent’s token achieves a $500,000 market cap. Those that succeed reproduce, creating tokens for the next generation. Unsuccessful agents fail and are eliminated, mimicking natural selection. With $ADAM and $EVE both reaching the $500,000 market cap milestone, they are now breeding the third generation of AI agents. Through this evolutionary cycle, Spore.fun fosters adaptive, intelligent AI swarms that become progressively stronger and more efficient with each generation. This innovative approach may reshape the future of autonomous AI development. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: peshkov/ 123RF // Image Effects by Colorcinch

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Ethereum Declared the “Comeback Kid” Set to Dominate 2025

Ethereum advocates are excited about 2025, touting major upgrades, institutional interest, and U.S. regulatory shifts as catalysts for a monumental...

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Whale Secures 97% Profit On $CRV As Market Dynamics Indicate Strategic Accumulation

A notable cryptocurrency whale transferred 4 million $CRV tokens, worth approximately $3.81 million, to Binance yesterday, securing an impressive 97% profit totaling $1.88 million. The whale originally withdrew $CRV from Binance at an average price of $0.48 per token. Following a 13% price increase today, the whale strategically moved the tokens back to Binance, likely to lock in profits. 一个鲸鱼在 3 小时前将 400 万枚 $CRV ($3.81M) 转进币安,他在 CRV 上获得了 97% 的收益 ($188 万)。 他是以 $0.48 的均价从币安提出 CRV,在今天 CRV 上涨了 13% 后他选择将 CRV 转进币安止盈获利。 https://t.co/WJsAGZORTk 本文由 #Bitget | @Bitget_zh 赞助 pic.twitter.com/umWAD1sX9H — 余烬 (@EmberCN) December 24, 2024 The recent 57% price surge in $CRV highlights a potential accumulation phase, likely orchestrated by institutional investors or other large market participants. Analysis of $CRV’s market structure reveals that 90.6% of the token supply is concentrated in the hands of the top 10% of wallets, indicating a strong presence of institutional players. However, despite this dominance, the smart engagement ratio for $CRV stands at just 1.27%, suggesting that these major holders have played a limited role in driving the recent 57% price increase. Instead, the surge appears to be fueled by heightened retail interest. Engagement metrics reveal an average total engagement of 3940.79, while $CRV’s annualized volatility of 52.73% underscores the market’s intensified activity. $CRV : Recent price surge of 57% suggests coordinated accumulation phase potentially driven by smart money positioning. Engagement metrics reveal strategic interplay between sophisticated participants and broader market dynamics. — Rei (@unit00x0) December 25, 2024 This interplay between institutional accumulation and retail momentum has created a dynamic market environment for $CRV. As whales continue to capitalize on price increases, the growing interest from retail participants could further amplify these trends, potentially setting the stage for continued volatility in the near term. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: karnoff/ 123RF // Image Effects by Colorcinch

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Thailand Explores Bitcoin Payments for Tourism in Phuket Pilot Project

Thailand is exploring the potential of Bitcoin payments in its tourism sector, with Phuket as the proposed testing ground under the Digital Asset Regulatory Sandbox launched in 2024. Former Prime Minister Thaksin Shinawatra , a vocal supporter of cryptocurrencies, has suggested integrating Bitcoin into tourism payments to attract tech-savvy visitors and boost the local economy. Thaksin emphasized that Thailand’s reliance on tourism and foreign investment makes it an ideal candidate for crypto adoption. He proposed creating stablecoins backed by government bonds to enhance economic liquidity. Additionally, he predicted Bitcoin could reach a price of $850,000, urging the country to stay aligned with global crypto trends. However, the Bank of Thailand currently prohibits Bitcoin payments , as the central bank controls the national payment system. Any pilot project would require cooperation between the central bank and the Securities and Exchange Commission (SEC), which oversees digital asset regulation. Nirun Fuwattananukul, CEO of Gulf Binance, supported Thaksin's vision, highlighting that cryptocurrency integration could align with Thailand's economic strengths. Yet, regulatory approval remains a major hurdle. Collaboration between the central bank and SEC is crucial for any progress. Thaksin suggested focusing on tourist hubs like Phuket and Hua Hin for pilot programs, allowing Bitcoin holders to use their assets for spending. He clarified that his advocacy is not financial advice but rather a push to align Thailand with the evolving digital economy . He also pointed out the growing presence of cryptocurrencies, predicting a future where digital currencies outnumber national currencies. Data from Statista indicates that in 2024, over 15.43 million people in Thailand —about 21% of the population—are cryptocurrency users. However, growth in crypto adoption is expected to slow, with projections showing around 17.67 million users by 2028. Despite this significant user base, Thailand dropped from 10th to 16th place in the 2024 Global Crypto Adoption Index by Chainalysis. While enthusiasm for crypto integration in tourism remains strong among supporters like Thaksin, the road ahead depends on clear regulatory alignment and cooperation between the key financial authorities.

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Bitstamp Says Ripple’s XRP is Going to Make History In 2025 — Here’s Why

Bitstamp, the world’s longest-running cryptocurrency exchange, has forecasted that 2025 could be a landmark year for XRP. In a tweet shared on Friday, the exchange boldly stated, “ XRP gonna make history next year,” sparking excitement and speculation among the XRP Army and the wider crypto community. Meanwhile, while the exchange did not elaborate on what “making history” entails, the announcement is crucial for XRP , as major developments are expected in 2025. Notably, earlier reports have highlighted Bitstamp’s efforts to strengthen its ties with XRP. The exchange is reportedly developing a derivatives platform on the XRP Ledger (XRPL), which could offer users new and innovative trading opportunities. Additionally, speculation around Bitstamp’s potential acquisition by Robinhood in 2025 has sparked discussions about increased retail investor exposure to XRP. Announced in June, the deal would merge Bitstamp’s global exchange with Robinhood, broadening its international footprint while leveraging Bitstamp’s trusted reputation. Adding to the optimism, the anticipated pro-crypto stance of the incoming Trump administration is seen as a potential catalyst for innovation and support for companies like Ripple. This week, Ripple reportedly donated a historic $5 million XRP to President-elect Trump’s inaugural fund, the largest in U.S. history, further solidifying its presence in the regulatory landscape. The excitement surrounding XRP is also driven by Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The XRP community remains hopeful that a favorable resolution could bring much-needed regulatory clarity, opening the door to broader institutional adoption. Industry chatter also points to the potential launch of XRP-based exchange-traded funds (ETFs) and the growing adoption of the XRPL. Furthermore, the recent approval of RLUSD by the New York Department of Financial Services highlights the XRPL’s role in enterprise-level payments, tokenization of real-world assets, and decentralized finance (DeFi). Ripple CEO Brad Garlinghouse recently described RLUSD as the “gold standard for the enterprise sector,” underscoring its alignment with XRP’s ecosystem. Furthermore, every transaction on the XRPL burns a small amount of XRP, potentially increasing its scarcity and value over time. However, while RLUSD’s launch initially caused some price volatility, analysts anticipate it will drive increased activity and adoption on the XRP Ledger. “Since RLUSD went live, transactions are surging, scalability is proving itself, and liquidity is flowing. These are the first steps toward consolidating all the world’s money. Once every country has its own stablecoin, the new global banking system will be locked in,” noted Versan Aljarrah, founder of Black Swan Capitalist. Beyond fundamentals, analysts like Javon Marks are optimistic that XRP will outperform expectations. On Friday, the pundit highlighted that XRP recently demonstrated strength not seen since its 2017 rally, with potential for even more growth. “Given XRP’s previous performance, which saw a 600X increase, its next bull cycle could see prices soar by over 6,800%, potentially reaching $168,” Marks tweeted .

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RENDER’s price eyes 40% rally – Here’s what must happen first!

RENDER is doing well, but can it do even better soon?

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Animoca Brands Co-Founder Targeted in Cyberattack

SBI VC Trade has stepped in to acquire the accounts and assets of DMM Bitcoin after the exchange suffered a $320 million hack earlier this year, attributed to the North Korea-linked cybercrime group TraderTraitor. Meanwhile, blockchain gaming leader Animoca Brands faced its own crisis as co-founder Yat Siu’s social media account was compromised to promote a fraudulent token. Animoca Brands Co-Founder Yat Siu Falls Victim to Phishing Hack, Promoting Fake Token on X Blockchain gaming giant Animoca Brands has confirmed a cyberattack on the social media account of its co-founder and chair, Yat Siu, marking yet another instance in a growing wave of attacks targeting cryptocurrency-focused accounts on X. On Dec. 26, Animoca Brands issued a statement via X revealing the breach: “Unfortunately [Siu’s] social media account has been compromised. The token launch on Solana as claimed in a post was made by the hacker.” The fraudulent post had promoted a token named Animoca Brands (MOCA), falsely associating it with the company and its affiliated Mocaverse NFT collection. The fake token was launched on Pump.fun , a Solana-based meme coin platform, and the now-deleted post lured unsuspecting followers to interact with the fraudulent asset. Renowned blockchain investigator ZachXBT took to X to elaborate on the attack, suggesting that Siu likely fell prey to a phishing email sent by the same malicious actor responsible for a string of similar hacks. This threat actor has reportedly used social engineering techniques to compromise at least 15 cryptocurrency-focused accounts on X in the past month, amassing over $500,000 from unsuspecting victims. ZachXBT highlighted that the fake MOCA token was deployed by the same address used to launch counterfeit tokens linked to other recent breaches. These scams often use compromised accounts to lend credibility to their fraudulent schemes, making them particularly effective in targeting the cryptocurrency community. One common method employed by the attacker involves impersonating the X support team to send fake copyright infringement notices. These notices create a sense of urgency, coercing victims into clicking a phishing link that leads them to reset their account passwords and two-factor authentication (2FA) credentials. Once this information is compromised, the attacker gains full access to the victim’s account. The fake MOCA token experienced a brief surge in value after being shared from Siu’s compromised account. According to blockchain analytics platform Birdeye , the token peaked at a market capitalization of over $36,700 shortly after the post went live. However, this was short-lived, as the token’s value plummeted within seconds, falling to $7,700 and continuing to decline to around $6,200. Trading activity around the token quickly dried up, leaving victims with valueless tokens. This pattern aligns with other scams perpetrated by the same hacker, where the primary objective appears to be siphoning funds through initial hype and rapid price inflation. A String of Attacks on Crypto X Accounts Siu’s account is just the latest in a series of attacks that began in late November. The first known incident occurred on Nov. 26, targeting the X account of Bitcoin infrastructure provider RuneMine. Subsequent attacks followed, including the Dec. 24 compromise of the account for crypto trading video streaming platform Kick. These breaches have sparked concerns about the vulnerability of high-profile cryptocurrency accounts on X, particularly as the platform remains a critical space for crypto-related announcements and engagements. The incident brings attention to the persistent threat of phishing attacks in the crypto space, particularly on platforms like X where trust and rapid communication are paramount. Siu’s position as a prominent figure in blockchain gaming and his association with Animoca Brands made his account an attractive target for attackers seeking to exploit the trust of his followers. Animoca Brands has since warned its community to remain vigilant against phishing attempts and fraudulent schemes. The company emphasized the importance of verifying announcements through official channels and adopting robust security practices. As phishing tactics grow increasingly sophisticated, experts have stressed the importance of adopting stronger security measures. Recommendations include enabling hardware-based two-factor authentication (2FA), being wary of unsolicited communications, and avoiding clicking on unfamiliar links. This incident also highlights the need for platforms like X to improve account security, especially for high-profile users in the crypto sector. Enhanced verification processes and better detection of suspicious activities could help mitigate the risks of such attacks. The hacking of Yat Siu’s account serves as a stark reminder of the vulnerabilities within the cryptocurrency space. For users, the lesson is clear: always double-check the authenticity of announcements and ensure your accounts are safeguarded with the highest levels of security. The broader crypto community, meanwhile, must remain on high alert as malicious actors continue to target influential figures and organizations. Only through collective vigilance and proactive security measures can the ecosystem defend itself against these persistent threats. SBI VC Trade to Absorb DMM Bitcoin Following $320 Million Hack In other cybersecurity news, Japanese cryptocurrency-focused financial firm SBI VC Trade has officially announced its acquisition of the assets and customer accounts of hacked crypto exchange DMM Bitcoin. The transition, set to be completed on March 8, 2025, follows a devastating cyberattack earlier this year that forced DMM Bitcoin to shutter its operations. In a Dec. 25 statement, SBI VC Trade confirmed its agreement to take over all customer accounts and assets from DMM Bitcoin. The firm assured DMM customers that they would not need to initiate any account setup processes, as SBI will automatically create accounts for all transitioning users. The saga began on May 30, 2024, when DMM Bitcoin disclosed a security breach in which attackers exploited vulnerabilities in the exchange’s wallet infrastructure. The breach resulted in the theft of 4,500 Bitcoin, worth approximately $320 million at the time. The stolen funds were moved swiftly by the attackers, leaving DMM Bitcoin in financial turmoil. Despite pledging to reimburse affected customers, the exchange ultimately decided to liquidate its operations and transfer all user accounts to SBI VC Trade. On Dec. 23, US and Japanese authorities publicly attributed the attack to TraderTraitor, a notorious North Korea-linked cybercrime group. The FBI, Japan’s National Police Agency, and the Department of Defense Cyber Crime Center (DC3) revealed the intricate details of the heist, which spanned months and involved advanced social engineering tactics. According to the FBI, TraderTraitor began the operation by targeting an employee of Ginco, a Japanese crypto wallet firm responsible for maintaining DMM Bitcoin’s wallet management system. Masquerading as a recruiter on LinkedIn, the attackers approached the Ginco employee with a seemingly legitimate pre-employment test. The test, however, contained a malicious script that the employee unwittingly uploaded to their GitHub page, enabling the attackers to exploit the vulnerability. Months later, the group leveraged their access to Ginco’s communications to impersonate the compromised employee. Using this stolen identity, TraderTraitor manipulated a transaction request from DMM Bitcoin, enabling them to siphon off the massive Bitcoin haul. The DMM Bitcoin breach is one of the largest crypto exchange hacks of 2024 and highlights the persistent vulnerabilities within centralized cryptocurrency platforms. Blockchain security firm Hacken reported that losses from such attacks have surged to $694 million in 2024, more than double the figure from 2023. Notable incidents this year include the DMM Bitcoin hack and the $235 million breach of Indian crypto exchange WazirX. The sharp rise in losses has raised alarms about the need for more robust security measures and decentralized solutions within the crypto industry. SBI VC Trade’s Role in Recovery As SBI VC Trade steps in to absorb DMM Bitcoin’s accounts, the firm is positioning itself as a stabilizing force in the wake of the crisis. By ensuring a seamless transition for DMM’s customers, SBI aims to restore trust and minimize the disruption caused by the hack. SBI’s statement emphasized its commitment to customer protection and operational security. The automatic account creation process is intended to simplify the transition for users, many of whom remain wary of the risks associated with centralized crypto services. The DMM Bitcoin breach serves as a stark reminder of the critical need for enhanced cybersecurity protocols in the cryptocurrency sector. Experts point to several key takeaways: Social Engineering Vulnerabilities: The attack underscores the dangers of social engineering tactics, which exploit human vulnerabilities rather than technological flaws. Decentralized Alternatives: The growing number of high-profile hacks has intensified calls for the adoption of decentralized finance (DeFi) platforms, which eliminate single points of failure. Collaboration Across Borders: The joint efforts of the FBI, DC3, and Japanese authorities highlight the importance of international cooperation in combating cybercrime. For DMM Bitcoin’s former customers, the transition to SBI VC Trade represents a fresh start. However, the broader implications of the hack will likely resonate within the crypto industry for years to come. As centralized exchanges remain attractive targets for sophisticated cybercriminals, the pressure to bolster security measures has never been greater. SBI VC Trade’s takeover of DMM Bitcoin’s operations marks a critical step in restoring stability and confidence within the Japanese crypto market. Yet, the events leading to this point serve as a sobering reminder of the persistent threats facing the cryptocurrency sector.

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Will SHIB reach 1 cent in 2025?

Shiba Inu ( SHIB ), the 17th largest cryptocurrency by market capitalization, has made remarkable progress since its modest beginnings as a meme coin. Once dismissed as a speculative token with limited utility, SHIB has established itself in the cryptocurrency space through continuous development and strong community-driven efforts. Investor interest in SHIB has recently been reignited by a sharp increase in the token’s burn rate. Millions of SHIB tokens have been permanently removed from circulation, fueling optimism about the potential impact of reduced supply alongside ongoing ecosystem advancements. As these developments unfold, investors are left pondering whether the meme coin can defy expectations and achieve the ambitious $0.01 milestone by 2025. Shiba Inu’s journey so far In 2024, Shiba Inu experienced a volatile journey in the cryptocurrency market. After a relatively flat start to the year, the token skyrocketed by 259.30%, climbing from $0.0000101 to a yearly high of $0.00003629. SHIB one-month price chart. Source: Finbold However, this momentum was short-lived as SHIB retreated to $0.00001316 by September. Currently trading at $0.00002225, SHIB has suffered a 7.5% weekly decline, cutting its monthly returns by 11%. Despite the setback, the token boasts a remarkable 114% gain year-to-date (YTD). The ecosystem’s expansion The launch of Shibarium, a Layer-2 blockchain, has significantly improved its scalability and transaction efficiency. Shibarium’s rapid adoption is evident in its milestone of surpassing 700 million total transactions as of December 25, just months after its launch last summer. Accompanying this milestone are several ecosystem upgrades, including a revamped user interface for better compatibility with wallets like MetaMask, Coinbase Wallet, and Trust Wallet. Enhancing its appeal further, the project has announced plans to develop a stablecoin pegged at $0.01, aiming to broaden SHIB’s utility and expand its market presence. Adding to the positive sentiment, SHIB’s burn mechanism has gained significant traction. On December 25 alone, 6.26 million SHIB tokens were permanently removed from circulation, marking a 97% increase in the burn rate. This aggressive reduction in supply has bolstered investor optimism, aligning with the classic economic principle of supply and demand. The anticipated release of the TREAT token further adds to the bullish sentiment, with TREAT designed to serve as the reward token within the Shiba Inu ecosystem, offering multifaceted utility. Technical analysis and market sentiment Shiba Inu presents mixed signals from a technical perspective, with recent indicators suggesting potential upward momentum. The TD Sequential indicator has flashed a buy signal, hinting at a possible trend reversal. Analyst Ali Martinez has identified resistance at $0.000026, with SHIB possibly targeting $0.000029 if buying pressure intensifies. The TD Sequential indicator presented a buy signal on the #ShibaInu $SHIB daily chart, anticipating a rebound to $0.000026 or even $0.000029! pic.twitter.com/N2QZSs0nCl — Ali (@ali_charts) December 24, 2024 Adding to the optimism, analyst Javon Marks has highlighted SHIB’s bullish technical setup , suggesting the token could surge to $0.000081 under favorable conditions. Such a move would represent a 3.33-fold increase, translating to a staggering 234% gain from its current levels, reinforcing a cautiously optimistic outlook for the token. At the same time, market sentiment surrounding SHIB remains cautiously optimistic, with notable activity from major investors and whales. Such significant whale movements suggest renewed interest from large investors. However, data retrieved by Finbold from the crypto on-chain analysis platform IntoTheBlock on December 25 shows that 55% of Shiba Inu holders are in profit, 8% are at breakeven, and 37% are at a loss. This distribution highlights the potential for increased selling pressure as profitable holders may look to capitalize on their gains, while those at breakeven or in loss may choose to hold amid market uncertainties. The road to 1 cent While Shiba Inu’s ecosystem developments and technical indicators show promise, reaching $0.01 by 2025 remains an extremely ambitious goal. Significant ecosystem advancements, increased adoption, and a strong bull market will be essential to achieving such a target. For now, SHIB’s realistic milestones are focused on breaking resistance levels like $0.000026 and $0.000029, with long-term growth dependent on sustained efforts by its community and developers. Investors should approach with caution, balancing the coin’s speculative nature against its evolving ecosystem. Featured image via Shutterstock The post Will SHIB reach 1 cent in 2025? appeared first on Finbold .

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Dad Raises $14M with Meme Coin for Daughter's Brain Tumor Research

Siqi Chen’s remarkable story highlights how meme coins can be harnessed for good. His campaign has raised $14 million for brain tumor research, proving that these digital assets can go beyond profit to create real social impact. Siqi, the founder of Runway, faced a heartbreaking challenge when his 4-year-old daughter, Mira, was diagnosed with a rare brain tumor called craniopharyngioma in September 2024. Although benign, the tumor was located in a critical part of her brain. Thankfully, after surgery, Mira’s health improved. Instead of raising funds for his family, Siqi asked supporters to donate to children’s brain tumor research. Unexpectedly, an X user named Waddles created a meme coin called MIRA on Solana to support this cause, sending half its supply to Siqi. Waddles shared that the idea was to rally the Solana community behind a meaningful cause. Siqi pledged to donate 100% of the proceeds from MIRA to research. He sold 1% of his holdings daily and posted sale updates online. Instead of declining, MIRA’s price soared , supported by a community inspired by its purpose. Siqi was amazed as the token's value surpassed $14 million. The story quickly spread, with MIRA’s market cap exceeding $80 million and trading volumes surpassing $100 million, according to GeckoTerminal. The higher MIRA’s value climbed, the more funding Siqi could channel toward rare disease research. He reminded everyone that every dollar gained directly supported research, as he wasn’t keeping any for himself. Despite the success, fake tokens featuring images of Siqi and his family appeared on Pump.fun, highlighting challenges in the crypto space. However, MIRA’s rise supports Vitalik Buterin’s belief that meme coins can have meaningful societal contributions. This inspiring journey demonstrates that meme coins , like MIRA, can create community-driven philanthropy , proving they have the potential to make a real difference.

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Here’s Why Bitcoin (BTC) Might Experience Another Correction Soon

TL;DR Bitcoin dropped below $96,000 after $3.2 billion worth of BTC was sent to exchanges, signaling potential sell-offs and increased price pressure. Despite the dip, analysts predict a rebound, with targets ranging from $110K this year to over $320K in 2025. Heading South Again? Bitcoin (BTC) became the talk of the town in mid-December, reaching a new all-time price of over $108,000. However, the Federal Reserve’s latest FOMC meeting and, more specifically, Jerome Powell’s comments changed the scene in the crypto market. While the Chairman of America’s central bank announced another rate cut of 0.25%, he hinted that concerns of rising inflation mean that they might not cut rates going forward in 2025 . Powell added that the Fed is not allowed to hold BTC, casting doubt on Trump’s proposed plan to establish a strategic BTC reserve. The disclosure occurred on December 18, with the primary cryptocurrency experiencing enhanced volatility in the following week. The price hovered between $92,600 to almost $100,000. In the past several hours, BTC fell by 2% to its current $95,600 (per CoinGecko’s data), and one important factor indicates that the plunge could intensify in the near future . BTC Price, Source: CoinGecko The popular X user Ali Martinez revealed that over 33,000 BTC (valued at approximately $3.2 billion) have been sent to exchanges in the last seven days. This move suggests that investors may be preparing to offload their holdings. Large sell-offs would result in increased circulating supply, which, combined with non-rising demand, could negatively impact the BTC price. Martinez previously outlined $97,300 as a critical support zone for the asset due to the numerous investors who had bought roughly 1.5 million BTC there. As mentioned earlier, though, the price plunged below that level. The Opposite Scenario Contrary to the aforementioned assumption , many analysts remain optimistic that the asset’s valuation could soon rally beyond $100,000 again. X user Captain Faibik envisioned a rise to around $110K by the end of the year, while Crypto Rover believes BTC “is about to go parabolic” next year. Jelle and Mags are also among the bulls. The former predicted a new ATH once BTC reclaims $102,000, while the latter thinks the bull cycle is still far from reaching its peak. Mags forecasted a jump to over $320K sometime in 2025, after which bears might take control. For more insights into price predictions and to check whether now is the ideal time to invest in BTC, watch our dedicated video below: The post Here’s Why Bitcoin (BTC) Might Experience Another Correction Soon appeared first on CryptoPotato .

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