The past week has been a rollercoaster ride for the cryptocurrency market, as the value of most large-cap assets took a significant hit over the last seven-day period. Specifically, the Bitcoin price fell beneath $80,000 for the first time since that almost vertical surge in November 2024. As expected, the market downturn has led to discussions and commentary about the price of Bitcoin already reaching its top in this cycle. Nevertheless, the latest on-chain data suggests that the premier cryptocurrency might still have room for a final upward rally. How BTC Price Could Go For A Final Peak In This Cycle In a Quicktake post on the CryptoQuant platform, an analyst with the pseudonym Tarekonchain revealed the “truth” behind the current cycle, saying the latest market crash might be an opportunity for investors to buy the dip. This prediction is based on a key on-chain indicator, the MVRV Ratio. Related Reading: Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover? The MVRV (Market Value to Realized Value) ratio is an indicator that tracks the ratio between a coin’s market cap and its realized cap. When the value of this ratio is greater than 1, it implies that more investors are considered to be in profit at the moment. High MVRV ratios are considered price top signals, as traders typically show a propensity to sell off their assets when they are in the green. According to Tarekonchain, the price of Bitcoin peaked in every previous cycle when the MVRV ratio crossed 3.5. However, on-chain data shows that this indicator only reached 2.7 as the price of Bitcoin notched a new all-time high around the $110,000 region. Tarekonchain noted that the Bitcoin price might not have topped out in the current cycle as its MVRV ratio is yet to reach 3.5 as it did in previous cycles. The Quicktake analyst also noted that while BTC’s slump beneath the 365-day moving average is undeniably a bearish signal, the premier cryptocurrency still has an opportunity to rebound from the critical $65,000 support level. “This does not mean the price must reach $65K, but rather that it’s a strong support level,” Tarekonchain added. According to the analyst, the MVRV ratio needs to at least cross 3.0 to be able to confirm the Bitcoin price reaching the cycle top. If the premier cryptocurrency finds support and successfully rebounds, investors could see BTC target new all-time highs — the final peak of this cycle — around $120K–$130K. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $85,000, reflecting no significant movement in the past 24 hours. Related Reading: Is Solana In A Macro Trend Move? Charts Show Potential Shift Featured image from iStock, chart from TradingView
CME gaps revealed a possible opportunity for a market bounceback.
Market Overview: Solana and XRP Experience Corrections Solana(SOL) is trading at $145, reflecting a 3.52% decrease. Similarly, XRP has declined to $2.19, marking a 4.78% drop. In contrast, OFFICIALMAGACOIN is capturing significant attention, with its presale successfully raising over $3.7 million, indicating robust investor confidence. LIMITED TIME ONLY! USE PROMO CODE MAGA50X TODAY FOR A 50% EXTRA BONUS! Top 5 Altcoins with Million-Dollar Potential As seasoned investors in Solana and XRP seek new opportunities, several altcoins have emerged with the potential for substantial returns. Here are five noteworthy projects: OFFICIALMAGACOIN (OMC): With a presale price of $0.0002165, OFFICIALMAGACOIN has garnered significant investor interest, raising over $3.7 million in minutes. Analysts project a potential surge to $1 by 2025, representing a remarkable growth opportunity. citeturn0search0 Solana (SOL): Currently trading at $137.83, Solana is celebrated for its high-speed transactions and ultra-low fees, making it a formidable player in the crypto space. Injective (INJ): Priced at $13.50, Injective offers a decentralized exchange protocol, enabling fast and secure trading across various blockchain networks. Kaspa (KAS): Valued at $0.08549, Kaspa emphasizes high transaction speeds and security, showing steady growth potential. Uniswap (UNI): At $8.07, Uniswap remains a leading decentralized exchange, enabling seamless token swaps on the Ethereum network. Comparative Snapshot Cryptocurrency Current Price Notable Feature OFFICIALMAGACOIN $0.0002165 High growth potential Solana (SOL) $137.83 High-speed transactions Injective (INJ) $13.50 Decentralized exchange protocol Kaspa (KAS) $0.08549 Emphasis on speed and security Uniswap (UNI) $8.07 Leading decentralized exchange Data as of February 27, 2025. Why OFFICIALMAGACOIN Stands Out Record-Breaking Presale: Surpassing $3.7 million in minutes, reflecting strong market trust. Strategic Positioning: Poised to capitalize on current market trends and investor sentiment. Exclusive Bonuses: Early participants can leverage the MAGA50X code for a 50% bonus on investments. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN N OW! As the crypto landscape evolves, while established players like Solana and XRP prepare for potential surges, OFFICIALMAGACOIN presents a compelling case for investors aiming to capitalize on emerging opportunities with high growth potential. Website: officialmagacoin.io X/Twitter: https://x.com/officialMAGAx Continue Reading: Will OFFICIALMAGACOIN Outshine XRP and SOLANA? The Crypto Race to 100X Is On!
This increase has allowed XLM to outpace XRP in recent performance
Solana has been one of the top-performing blockchains in the market in the past few years. The ecosystem has gained recognition for its high-speed transactions, low fees, and ever-evolving upgrades. Due to its scalability, Many DeFi, gaming, meme, and NFT projects continue to migrate to Solana. However, Solana's price action still moves with the market trends, which are majorly influenced by BTC's price action. With Solana price nearing $110, many investors wonder whether now is the right time to exit SOL and buy other high-potential opportunities like Panshibi (SHIBI) . While Solana remains a solid blockchain technology, newer meme projects like Panshibi are drawing investors' interest. Let's discuss Solana’s current market trend and growth potential compared to SHIBI. Which would yield better returns in 2025? Solana Price Nears $110: What’s Next? Solana has consistently ranked among the top blockchain networks, with strong institutional backing and widespread adoption of DeFi, NFTs, and gaming. However, in recent months, SOL's price action has failed to deliver any significant movement to the upside. Despite the Solana price rebound in 2024, several constraints influenced its trajectory. One of Solana’s market strengths is its fast transaction speed with low transaction charges or fees. According to Investopedia , Solana can process 65,000 transactions per second at a fraction of the cost of Ethereum. However, the lack of community-engaging utilities like staking rewards and the quest to earn might have caused community support to have waned off. Although large investors have shown confidence in Solana's price action, retail traders and investors are getting impatient. While the price of Solana is nearing $110, predictions are that SOL's trajectory could be slower than previous years. A significant resistance level near the $120 mark could slow further upside momentum. Market conditions, coupled with regulatory scrutiny, could affect Solana’s performance. The ever-growing competition from Ethereum Layer-2 solutions and new blockchain technology has also limited Solana's dominance. While Solana's price could still increase in the long term, emerging meme coins like SHIBI offer more massive gain potential in a short time frame. Panshibi (SHIBI): A Meme Coin with 100x Potential. As Solana's price nears a key resistance level, investors are looking for high-potential projects to invest in. One of the best projects to invest in is Panshibi (SHIBI) , a meme project that has become a trending topic in crypto forums and discussions. Panshibi is an Asian culture-inspired project with a panda-themed identity that meets meme culture. Panshibi combines Social Fi, Ai, and Defi integrations to offer real utility to its community. Unlike typical meme projects that thrive on trends and community-driven hype, Panshibi offers real utility to its community for long-term sustainability, which includes; ● Staking Rewards - SHIBI Long-term holders can stake their tokens to earn high APYs up to 1200%.● Exclusive Perks - Early/presale buyers can access the Bamboo Private VIP Club.● Quest to earn - The Panshibi community can participate in the quest to earn rewards, incentives, and airdrops. SHIBI is still in the presale stage, trading at $0.005, a low entry point for investors to buy into before the official launch. The presale will happen in 15 stages, and the token price will continue to increase as it advances. SHIBI is expected to surge by 1,200% during the presale, increasing to 145,000% after launch and listing on centralized exchanges. The question is, can SHIBI deliver 100x in a short time frame? Historically, meme coins have delivered up to 1000x in the short term, and with SHIBI's positioning, it is poised to do so. While the current Solana price movement offers a dip opportunity to buy, SHIBI provides the next big 100x opportunity, which SOL cannot deliver. With only a limited time before the SHIBI presale ends, now is the time to buy SHIBI. You can participate in the Panshibi presale here: Telegram: https://t.me/panshibi Twitter: https://x.com/panshibi_ Website: https://panshibi.com Disclaimer: This is a sponsored press release 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.
Some early Dogecoin investors appear to be shifting focus to a rising star called Rollblock . The hush around this new venture has created a swirl of speculation, with some analysts calling it the low-cap blue chip with significant upside potential in the 2025 bull market. Could RBLK’s presale success hint at massive upside potential, reminiscent of how DOGE soared in its early days? Observers remain intrigued, yet few details are confirmed. Something big could be on the horizon, and investors wonder if history will repeat itself. Rollblock drives DeFi innovation through real-world utility Rollblock is quickly gaining traction as a premier GambleFi platform on Ethereum, combining iGaming and decentralised finance. Over 7,000 gaming options, from slots to live sports betting, are integrated, and the ecosystem raised $10.7 million during its presale. The current price of RBLK is $0.06, giving early investors a potentially lucrative entry point. Each week, holders receive dividends through a share of casino profits, boosting passive income. Staking rewards climb up to 30% APY, and the more tokens held, the higher your share of returns. Regular buybacks and burns also propel Rollblock’s scarcity. 60% of repurchased tokens are destroyed, while 40% goes to staking participants. This approach builds sustained value and fosters community trust. Because it relies on Ethereum-backed smart contracts, transparency and security are paramount, and participants see exactly how funds move. Many analysts expect it could outperform large-cap projects, thanks to its real-world utility and forward-thinking tokenomics. Rollblock’s hundreds of casino games and live dealer tables are a magnet for entertainment seekers. Presales historically produce stronger ROI, so early adopters stand to benefit the most. Why does DOGE still dominate the meme space Some fans call DOGE the best meme coin to buy now, partly due to strong whale activity and bullish developments. Despite shifts in on-chain usage, large holders have quietly increased their positions, suggesting continued faith in DOGE. A new partnership with House of Doge aims to improve real-world integration, while regulators have begun acknowledging proposals for a spot DOGE exchange-traded fund. Observers believe such moves may eventually propel the DOGE price upward, especially once mainstream investment channels open. The Department of Government Efficiency, guided by Elon Musk, also plans to modernise systems that could indirectly benefit DOGE adoption. Though the network’s daily addresses have dropped, whales continue to accumulate hundreds of millions of DOGE tokens. This trend indicates long-term optimism despite short-term slowdowns. With major expansions, more advanced mining operations, and potential business partnerships, many see a path for renewed momentum. If a spot ETF gains approval, the resulting market exposure could push the DOGE price to new milestones. In any case, veteran holders remain confident that future improvements will keep this memecoin firmly in the limelight. All eyes are on it. Conclusion Choosing between legacy tokens and innovative newcomers can be tough. While DOGE remains the best meme coin to buy now with strong whale support, Rollblock’s presale numbers and GambleFi focus hint at a powerful growth story. Its extensive token burns and staking rewards could attract investors hungry for real-world utility. With multiple expansions in sight, Rollblock may surpass older meme coins, offering substantial ROI potential. Some say this is where the real momentum lies. With its 50% presale bonus now live, buyers are racing to secure early returns before the token's expected 50x surge. Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io Socials: https://linktr.ee/rollblockcasino Disclaimer: This is a sponsored press release 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.
As the cryptocurrency market navigates a complex landscape, meme coins like Dogecoin are at the heart of a notable recovery phase, sparking interest among traders. Despite recent volatility, Dogecoin has
Dogecoin (DOGE), largest meme cryptocurrency, recovered from $0.1855 to $0.208 today
The cryptocurrency mining industry is facing unique challenges and opportunities, notably highlighted by Marathon Digital Holdings’ recent financial performance. Despite posting a record-high quarterly revenue, analysts remain skeptical about Marathon’s
Cardano price has experienced a slight recovery following a week of market bearishness. Currently, ADA is holding above its support level, showing potential for a bullish trend in the near future. The recent upward movement has sparked discussions about whether Cardano could reach $1 by March 2025, especially with 12.54 billion ADA tokens being accumulated by whales in the past 24 hours. How Whale Accumulation Could Push Cardano Price to $1 by March 2025 The recent accumulation of 12.54 billion ADA tokens by large holders has sparked interest in the potential price movement of Cardano. Over the past month, data shows an increase in whale activity, with significant buys pushing the price upward. As ADA whales continue to accumulate, the overall market sentiment remains optimistic, creating a potential for the price to hit $1 by March 2025. Large whale movements have had a strong influence on the price of ADA, driving its volatility. The ongoing accumulation could create upward momentum as these whales take positions ahead of anticipated market trends. If the buying pressure continues and broader market conditions align, ADA might see a price surge that reaches or exceeds the $1 mark in the coming weeks. Source: Santiment ADA Technical Analysis The ADA price is trading at $0.6349 as of March 1, 2025. The Cardano price market is seeing fluctuations, with the price remaining within a narrow range of $0.6349 to $0.50. This follows the crypto market recovery, with BTC seeing a slight surge. This ADA follows a period of consolidation, with some bullish movements pushing it higher earlier in the month. ADA is facing challenges breaking above $0.700, a resistance level that has been difficult to surpass. The Relative Strength Index (RSI) is at 41, showing that the market is in a neutral state but could potentially shift toward a bullish direction. The Moving Average Convergence Divergence (MACD) indicator suggests mixed signals. The current MACD histogram reading at 0.0043 indicates that there is some bullish momentum, although the histogram’s width is narrowing. The MACD line at -0.0167 signals slight bearish pressure, with the moving averages not diverging sharply. If the price fails to hold above $0.60, the downside risk may grow. Resistance levels are identified at $0.70 and $0.80, while support is holding firm at $0.60 and $0.50. A break above the $0.70 resistance could see the Cardano price prediction test at higher levels. Conversely, failure to hold above $0.60 could lead to a retest of $0.50. Source: TradingView To sum up, the Cardano price could hit $1 by March 2025, driven by whale accumulation and strong buying momentum. However, resistance at $0.70 remains a significant challenge for ADA’s upward movement. The post Will Cardano Price Hit $1 by March 2025 as 12.54B ADA Whales Accumulate? appeared first on CoinGape .