In the world of cryptocurrency, there is a constant search for the next big thing. Investors and traders are always on the lookout for tokens that have the potential to skyrocket in value. One such token that has been gaining significant attention lately is FWEN. With a surge of over 1,000% in on-chain trading, FWEN
Analysis
Since its inception in 2009, the cryptocurrency industry has experienced exponential growth in terms of market size and the number of active currencies. As of 2023, there are over 22,932 active cryptocurrencies in the market, highlighting the remarkable expansion of the sector. While most users focus on the top cryptocurrencies, those who engage in trading
Bitcoin, the flagship cryptocurrency, has been defying the macro gloom to showcase a 3% gain and recapturing the $27,000 mark. However, it is Bitcoin Minetrix ($BTCMTX) that has recently raised $200,000 and could potentially be the biggest winner in the market. Despite the gathering storm clouds in the stock and bond markets, Bitcoin is threatening
Terra (LUNA) is experiencing a resurgence after project founder Do Kwon filed court documents opposing his extradition to the United States. Kwon, who is currently detained in Montenegro, is fighting against any attempt to bring him to the U.S. for testimony. This unexpected development in the ongoing legal battle has reinvigorated LUNA price action, with
Leading multichain project Moonbeam (GLMR) has experienced a significant pump of +17% as the crypto markets prepare for the upcoming Moonbeam Ignite program. This incentive program is expected to drive the activity within the Polkadot network to new heights. The ERC-20-compatible Polkadot smart contract parachain has witnessed impressive growth in recent weeks, emerging as the
PEPE, the embattled meme coin, has shown some signs of recovery after reaching a three-month low on September 17th. However, the recent 16% bounce has encountered strong resistance, leaving traders uncertain about the future direction of PEPE. The next move could determine whether the coin continues its upward trend or experiences another decline. In addition,
The market for BANANA coin, a token on the Ethereum Network, has experienced a turbulent day, with significant fluctuations in its value. Despite an initial 18% gain, the coin ultimately settled for a modest 2.57% increase. This raises concerns about the coin’s future prospects and leaves investors uncertain about its short-term and long-term potential. Various
In recent weeks, the cryptocurrency market has witnessed a surge in explosive decentralized exchange (DEX) launched tokens. These tokens, often referred to as meme coins, have gained significant attention and popularity, attracting both experienced investors and retail traders. Among these meme coins, GOLD token and Wall Street Memes (WSM) have emerged as the latest breakout
Toncoin (TON) recently experienced a localised retracement after a significant +44% bounce off its 200-day moving average (DMA) support. However, with the recent drop in price, many are wondering if it is too late to buy Toncoin. The surge in price was fueled by the integration of TON’s wallet Ton Space into the leading messaging
Leading Chinese layer-1 solution Neo Network (NEO) has recently experienced a significant pump, with price action battling upper trendline resistance. This +7% increase in price has sparked the question: is it too late to buy Neo? In order to answer this question, it’s important to consider the wider efforts to grow the ecosystem. Neo Co-Founder
