Celebrities swarmed to crypto this year, launching their own meme coins to varying degrees of success. Where does the “celeb meta” go from here?
Bitcoin’s surge towards $100K creates a volatile crossroads for traders eyeing key levels.
PRESS RELEASE. Ethereum has experienced countless innovations since its inception, but few concepts have had the potential to shake the blockchain space like Lightchain AI’s revolutionary approach. With an astounding 5 million tokens sold in their presale, Lightchain AI is introducing a groundbreaking protocol, “Proof of Intelligence” (PoI), poised to redefine decentralized technology. What is
Bitcoin reserves on Binance , the largest cryptocurrency exchange by trading volume, have dropped to their lowest levels since January 2024, sparking renewed optimism about a potential price surge. According to a December 25 report from CryptoQuant analyst Darkfost, the exchange’s reserves fell below 570,000 BTC, marking a significant decline as investors move their holdings into cold storage. Historically, such withdrawals are seen as a bullish indicator, reflecting long-term confidence in Bitcoin’s price. Notably, a similar pattern occurred earlier this year. In January, reserves hit comparable lows, and just two months later, Bitcoin soared to $73,679, achieving a then all-time high. “Periods of significant withdrawals often coincide with positive market momentum,” noted Darkfost. With Bitcoin currently priced at $98,680, some analysts speculate it could follow the same trajectory, potentially reaching $187,500 in the coming months if history repeats itself. Dominance Levels Bitcoin’s dominance in the crypto market now stands at 58.4%, inching closer to the critical 60% threshold. While this level historically signals Bitcoin’s strength, some analysts warn it could also trigger a shift toward alternative cryptocurrencies. Benjamin Cowen, founder of Into The Cryptoverse, predicted earlier this year that Bitcoin would test the 60% dominance level by December, a milestone achieved on October 30. Whether this trend persists remains to be seen as market dynamics evolve. Despite its current strength, Bitcoin has struggled to sustain prices above the psychological $100,000 mark . After hitting a record high of $108,300 on December 17, Bitcoin’s value has been trading below $100,000 since December 19. Future Bitcoin Price Projections Ryan Lee, chief analyst at Bitget Research, attributes Bitcoin’s current downtrend to the seasonal volatility typical of the Christmas period. However, he expects market activity to rebound in the coming weeks as funds reposition themselves ahead of key political events, including Donald Trump’s inauguration. “Post-Christmas, we usually see a spike in trading activity,” said Lee. “Bitcoin is likely to trade within the $94,000 to $105,000 range, with the possibility of exceeding $105,000 once liquidity returns.” As Bitcoin’s price consolidates under $100,000, market participants are watching closely to see if the new year will bring another historic rally. The post Bitcoin Reserves on Binance Hit Yearly Lows, Fueling Bullish Speculation appeared first on TheCoinrise.com .
Draper Associates-backed CUDIS has partnered with UCLA Athletics for a year-long collaboration to promote web3 smart rings among students and athletes. The web3 wellness company CUDIS has announced a one-year partnership with UCLA Athletics, a Californian collegiate sports program, to…
Draper Associates-backed CUDIS has partnered with UCLA Athletics for a year-long collaboration to promote web3 smart rings among students and athletes. The web3 wellness company CUDIS has announced a one-year partnership with UCLA Athletics, a Californian collegiate sports program, to promote its AI-powered smart rings. According to a Thursday press release shared with crypto.news, the collaboration will feature campus activations, where CUDIS will showcase its rings to UCLA students and sports fans. Additionally, CUDIS plans to sign name, image, and likeness agreements with student-athletes from various UCLA teams, including men’s and women’s tennis, golf, basketball, women’s gymnastics, and football, the press release. “This initiative aims to spark conversations around healthy lifestyles, performance tracking, and data ownership, while allowing student-athletes to leverage their image and share the product across their platforms.” CUDIS Under the partnership agreement, CUDIS will also engage with UCLA fans through interactive campaigns, including lucky draw promotions at sporting events, allowing CUDIS to use UCLA Athletics’ branding to connect its smart rings to the university’s athletic culture. You might also like: Lifestyle app STEPN GO expands Adidas partnership with physical NFT sneakers One blockchain ring to rule them all CUDIS chief executive Edison Chen says the collaboration “holds special meaning for us as we give back to the community that helped launch our vision,” adding further that “UCLA is where our journey began.” The company’s smart ring uses blockchain technology to monitor various health metrics, including heart rate, sleep, stress, and calories burned. Built on the Solana ( SOL ) network, the ring gives users full ownership of their health data and offers personalized wellness advice through an AI coach. The wearable also features a dynamic rewards system that encourages users to make healthy choices by earning passive rewards for positive actions. In September, CUDIS raised $5 million in a funding round led by Draper Associates, with additional investment from Skybridge, Penrose, SNZ, Mozaik, NGC, Foresight Ventures, OGBC, Monke Ventures, and DraperDragon. Read more: Public fitness equipment maker Interactive Strength shares rise 11% on Bitcoin treasury strategy
The X account of Animoca Brands co-founder Yat Siu, one of CoinDesk's Most Influential 2024 , was compromised and used to promote a fictitious token, the company said in a post on the social media platform. Animoca, a metaverse and gaming venture capital firm, posted a warning on its own account at 01:36 UTC on Thursday saying Siu's account had been compromised and the company was not introducing an official token or non-fungible token (NFT). The exploit was probably perpetrated through a phishing email that purported to come from X and be related to copyright infringement, according to ZachXBT. The crypto exploit investigator posted on Tuesday about several similar attacks that took place over the past month, allowing the perpetrators to get away with about $500,000 at the time. The false post from Siu's account promoted a token named MOCA on the Solana blockchain, according to a screenshot posted by ZachXBT . Moca Foundation, a "community-owned foundation that aims to supercharge Mocaverse ’s network effects," has its own Moca Coin (MOCA), which it describes as an "omni-chain network token." Mocaverse is an account and ID management system in which both Animoca and Siu personally have a stake , According to a post from Mocaverse, control of Siu's account has been secured by X, which is in the process of verifying ownership. Related accounts remain untouched. "There is no compromise on Animoca Brands, Moca Network or MOCA Foundation official handles, and there are strict security measures in place," it said.
Most exchange-based tokens are defying the odds amid the latest market drops. As they continue to show signs of recovery, BGB leads the current daily surge with 17% gains in the last 24 hours. Despite the recent crackdown across the crypto space, BGB showed signs of strength with a back-to-back gain in the past weeks. It pushed above $5 this week and is now on the verge of taking $7. Looks highly bullish on the daily chart. While the bulls currently appear more formidable amid dominance, the price is expected to close strong this week. Although the current market drop may affect this target price if supply increases. However, it is crucial to note that this ongoing bullish move was mainly initiated in October after a flash crash to the $0.53 level. Looking back from there to where it currently trades, BGB has seen a staggering gain. That said, the daily bias is still considered bullish following a higher high and higher low pattern on the 4-hour chart. Failure to sustain this pattern may result in a major retracement. For now, it remains under the bulls’ radar. Aside from BGB, other centralized exchange – CEX-based tokens included in today’s rally are FTT, OKB and GT – up by 10% today with BNB posting 1% gains in the last 24 hours. BGB’s Key Level To Watch Source: Tradingview Currently, there’s no key resistance on the way up. But the key potential level to consider amid the latest surge is $8, followed by the psychological $10 level. The next levels to watch above it are $12, 14 and $16. If a pullback occurs, the closest line of support is $4.9. The $3.5 level is the next support to consider for drops. A deep correction from there may slide the price to the $2.41 level before rebounding. Key Resistance Levels: $8, $10, $12 Key Support Levels: $4.9, $3.5, $2.41 Spot Price: $6.39 Trend: Bullish Volatility: High 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 !
Recent data reveals significant liquidations among Dogecoin (DOGE) traders, underscoring the volatility and risks inherent in cryptocurrency trading. This trend of liquidations is not unique to DOGE, as other major
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DOGEN, the new alpha meme token, is captivating investors with projected 700% presale growth and potential for thousand-fold returns, redefining the meme coin landscape. Table of Contents DOGEN: The first meme token for alpha males Dogecoin: Meme-based crypto with growing potential PEPE: The deflationary meme coin inspired by Pepe the frog Conclusion As the festive season approaches, a new cryptocurrency is capturing the attention of meme coin enthusiasts. Investors in Dogecoin and PEPE are now focusing on DOGEN, a digital asset rumored to offer monumental returns. Is this the next breakout star with potential for extraordinary growth? The excitement is building as more eyes turn to this emerging coin. DOGEN: The first meme token for alpha males Designed for those who dream big, DOGEN is built for winners who demand the best. According to the team, this isn’t just a token; it’s a ticket to the Alpha DOGEN lifestyle. DOGEN is taking off with a projected 700% surge by the end of its presale, and that’s just the beginning. As meme tokens dominate this altcoin season, DOGEN stands out with the potential for legendary thousand-fold returns. Getting in early is the ultimate power move. While others watch from the sidelines, DOGEN holders will be leading the pack and setting the trends that others can only hope to follow. DOGEN is the new alpha in the Solana meme token ecosystem, joining the ranks of giants like BONK, WIF, and Popcat, all of which have delivered astonishing 1000% gains. Undervalued and under the radar, DOGEN is primed to redefine the narrative and make its mark in the upcoming bull run. The dedicated team behind DOGEN is focused on creating a thriving, long-lasting community of alpha leaders who dominate the crypto space. From exclusive campaigns to early adopter perks, DOGEN provides tangible value to its holders and proves it’s here to stay. DOGEN’s multi-level referral program is as fierce as its vision. Earn 7% from every token direct recruits (1st level) purchase using a referral code, and watch profits multiply as referrals bring in even more users. Investors can now become a part of something that lasts and conquer the market with DOGEN. Dogecoin: Meme-based crypto with growing potential Dogecoin started in 2013 as a fun alternative to traditional cryptocurrencies, featuring a Shiba Inu meme as its logo. Unlike Bitcoin, Dogecoin has no maximum supply, with 10,000 new coins mined every minute. Initially seen as a “meme coin,” it gained significant value in 2021, entering the top ten cryptocurrencies by market cap. This surge was driven by social media influence, especially from Elon Musk, and the broader crypto market boom. Created by Billy Marcus and Jackson Palmer as a joke, Dogecoin shows the power of community and social media. In the current market cycle, its growing popularity and active community might make Dogecoin an attractive option for those interested in cryptocurrency. PEPE: The deflationary meme coin inspired by Pepe the frog PEPE is a deflationary memecoin on the Ethereum network, inspired by the Pepe the Frog meme from the early 2000s. Aiming to emulate the success of Shiba Inu and Dogecoin, PEPE sets itself apart by eliminating transaction taxes and embracing its identity as a pure memecoin without utility. It reached a peak market cap of $1.6 billion in mid-2023, capturing the attention of crypto enthusiasts. The project’s roadmap focuses on increasing visibility through social media trends and listings on major exchanges. PEPE incorporates a burning mechanism to enhance scarcity and rewards long-term holders, contributing to its stability. As an ERC-20 token, it benefits from Ethereum’s security. In the current market cycle, PEPE’s unique features may appeal to those interested in memecoins. Conclusion While DOGE and PEPE have less short-term potential, DOGEN stands out for those seeking luxury and success. With expected 700% growth before presale ends and possible thousand-fold returns, DOGEN follows the success of BONK, WIF, and Popcat. It builds a community of alpha leaders and offers real benefits and exclusive perks to early adopters. For more information, visit the official DOGEN website and join the community on X and Telegram . You might also like: Bitcoin rally signal: XRP, SOL, NEAR, DOGEN, and DOT poised to explode 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.