Borderless Capital announced on September 18 that it had launched the third DePIN-focused fund. According to the investment manager, the $100 million fund aims to boost the development of Decentralized Physical Fracture Networks (DePIN).
Musk’s Pet Pepe could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Musk’s Pet Pepe (MUSKPEPE), a new Solana memecoin that was launched today, is poised to explode over 13,000% in price in the coming days. This is because MUSKPEPE 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, Musk’s Pet Pepe can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early
Market may see strong volatility surge in next few days
Cardano's Long/Short ratio, Futures Open Interest, and OI-Weighted Funding Rate are flashing bullish signals.
A crypto strategist known for making timely altcoin calls believes layer-1 protocol Sui (SUI) is gearing up to spark breakout rallies. Pseudonymous analyst Bluntz tells his 274,600 followers on the social media platform X that SUI appears to have ignited a new bullish trend after printing a higher low setup amid the conclusion of an The post Top Crypto Analyst Predicts Rallies for Solana Killer Sui, Says One Memecoin Primed To Move Violently Higher appeared first on The Daily Hodl .
Recent Ethereum price action saw ETH reaching another low of $2,150 on September 6, raising concerns of a more severe drop towards the $2,000 price level. Although these concerns were eased with a subsequent bounce to $2,460 on September 13, Ethereum remains largely in a downtrend, with a triple-bottom price formation now shaping up. Interestingly, this triple bottom formation is not new for Ethereum. As technical analysis points out, the current price action seems to repeat a similar playout in mid-2021. Ethereum Fractal Suggests Rally In Q4 According to a technical analysis by crypto analyst CryptoBullet on social media platform X, Ethereum is shaping up to form a triple bottom price formation on the 1D candlestick time frame. While the third bottom has yet to be fully completed, the analyst draws attention to a similar pattern that unfolded between June and August 2021. Related Reading: Analyst Identifies $0.75 As Most Crucial Target For XRP Price In The Campaign For $1 During those three months, Ethereum’s price fluctuated up and down to create three distinct lows just above the $1,675 mark. After the third low was established, Ethereum experienced a significant bullish rally that propelled it to break through and establish its current all-time high. This upward movement became even more pronounced after a fractal pattern emerged in August 2021, signaling a strong momentum shift. Recent market dynamics have prompted Ethereum to create two bottoms of around $2,150 in August and September. Interestingly, a recent rejection at the $2,450 resistance has seen Ethereum pushing on a decline. This has prompted analyst CryptoBullet to highlight the possibility of a third low in October, thereby completing the triple bottom formation. Price formations in cryptocurrency markets are known to repeat over time, often following patterns that can help traders anticipate future movements. While no two market conditions are exactly the same, studying past price movements provides valuable insights into what may happen in the future. A similar playout of the 2021 price action puts on a similar surge for Ethereum in Q4 2024. Notably, the analyst envisioned a rally towards the $3,700 price level. What’s Next For ETH? At the time of writing, Ethereum is trading at $2,320 and continues to exhibit a weak short-term outlook. If Ethereum fails to clear the $2,340 resistance, it could start another decline towards $2,150. Related Reading: Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout This weak performance and outlook are even more pronounced compared with Bitcoin. As such, Ethereum/Bitcoin is now at its lowest level since April 2021, a staggering 41-month low. Most of this lackluster action has also been exacerbated by selloffs from a few large holders. For instance, Ethereum co-founder Vitalik Buterin recently came under scrutiny for selling $2.2 million worth of Ethereum. Featured image created with Dall.E, chart from Tradingview.com
The makers of Parallel are expanding the Ethereum card battler's universe with Project Tau Ceti, a 3D shooter on Base gaming network B3.
As the cryptocurrency market continues to evolve, many investors are looking for low-cost opportunities with the potential for massive gains. While Bitcoin (BTC) remains the most popular and established digital asset, the focus is now shifting towards promising altcoins that are currently trading under $0.25 but have the potential to deliver significant returns. Among the Continue Reading: The Top 4 Cryptos Under $0.25, Including XRP and Solana, Ready for 150x Gains!
Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising inflation adds weight to concerns about future economic stability. “It’s game over for the Fed,” Schiff stressed.
The lackluster Dogecoin price action could change very soon as on-chain data suggests increased activity behind the scenes. Particularly, on-chain analytics company IntoTheBlock revealed a surge in daily transactions on the Dogecoin blockchain, pushing the count to its highest point since July. DOGE has yet to substantially break above the $0.10 price level as it