Bitcoin Runes have seen increased activity in the past 24 hours. This has pushed the prices of a few of them to new all-time highs. As an analyst with a background in cryptocurrency research and analysis, I find the recent surge in activity and prices of certain Bitcoin Runes tokens intriguing. In the past 24 … Read more
LINK experienced a sharp bearish reversal, losing most of its gains from earlier in the month. There is a decline in trading volume and a predominance of bearish positions in the derivatives market. As a researcher, I have closely observed Chainlink’s [LINK] price action over the past month and cannot help but feel concerned about … Read more
ADA remains in consolidation, with indicators suggesting a bearish short-term outlook. Persistent negative indicators and low engagement hint at continued consolidation without a clear breakout. As a researcher with extensive experience in analyzing cryptocurrency markets, I believe that Cardano [ADA] is currently stuck in a prolonged consolidation phase, and the indicators suggest a bearish short-term … Read more
After launching at a market cap of worth less than $50,000, the market cap jumped to $16.6 million. Allegations of insider trading appeared but 2.4 million MOTHER tokens have been burned. As an experienced analyst, I’m keeping a close eye on the latest developments in the crypto market, particularly when it comes to celebrity-backed projects. … Read more
Dogecoin and PEPE’s prices dropped by 2% in the last 24 hours. Market sentiment continued to remain bearish on both memecoins. As an experienced market analyst, I believe that the recent price drops of Dogecoin and PEPE, with only a 2% decrease for each in the last 24 hours, can be attributed to their unique … Read more
Polygon’s revenue fell in Q1. This occurred despite the growth in its network usage during that period. As a researcher with extensive experience in blockchain and cryptocurrency analysis, I find the data presented in Messari’s report on Polygon’s Q1 performance intriguing. The decline in revenue despite increased network activity is a phenomenon that warrants further … Read more