Pendle, Lido DAO, and Ethereum Name Service were the biggest winners of the past week. zkSync, dogwifhat, and Notcoin were the biggest losers of the week. In summary, Ethereum Name Service (ENS) was the third-biggest gainer of the week with a 7.7% gain despite its price dropping to around $25. This performance made it the … Read more
While both memecoins prices jumped, BONK struggled to maintain market cap dominance. BONK could hit $0.000023, BRETT might reach $0.16, as speculative activity increased. As a researcher with experience in the cryptocurrency market, I have closely observed the price movements and market cap dominance of two popular memecoins, Bonk (BONK) and Brett (BRETT). While both … Read more
Solana continued its downtrend to reach its four-month-long support range. The altcoin’s Open Interest showed signs of a likely reversal. As a seasoned crypto investor, I’ve seen my fair share of market ups and downs. Solana (SOL) was a promising investment earlier this year, but its recent downtrend has left me feeling cautiously optimistic. In … Read more
TON witnessed a massive surge in price, however, its volume declined significantly. Network Growth and Velocity grew as well. As a researcher with experience in the cryptocurrency market, I’ve witnessed firsthand the intricacies of price movements and their correlation with network growth and holder behavior. In the case of Toncoin (TON), the recent surge in … Read more
The STH-SOPR and one other indicator revealed that Bitcoin’s respite is coming. The spike in the Stock to Flow ratio backed the potential price increase. As an analyst with extensive experience in cryptocurrency market analysis, I believe that the recent trends in Bitcoin’s price action, as indicated by the STH-SOPR and the Bulls and Bears … Read more
Solana has experienced a sustained decline in the last seven days. Despite the application of a Solana ETF, negative market sentiment persisted. As a seasoned crypto investor, I’ve witnessed firsthand the unpredictability of the digital asset market. The recent developments surrounding Solana (SOL) have left me both hopeful and cautious. As a crypto investor, I’ve … Read more