Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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FLOKI eyes 120% rally as Valhalla launches $10K giveaway after explosive weekly growth

  • Floki Inu’s metaverse game has hit over 100,000 Veras minted since the June 30 launch.
  • Valhalla has announced a $10,000 giveaway for early players.
  • FLOKI’s weekly chart signals an explosive rally after prolonged declines.

Meme coins are stealing the show as Bitcoin tests $109,000, trading at $108,955.

Meanwhile, FLOKI appears poised to lead the potential bull run as its metaverse game, Valhalla, sees explosive growth following the mainnet launch.

The game has seen over 100,000 Veras minted since the June 30 mainnet launch, marking a massive entry into the online gaming sector.

Further, the team has announced a $10,000 reward to celebrate this milestone.

Early players who complete the tutorials qualify for the giveaway.

The official announcement reads:

Valhalla launched with a BANG on opBNB mainnet on June 30th and has just passed the 100K minted Veras milestone. To celebrate, we’re giving away $10,000 in prizes to the earliest players.

These steps are crucial in attracting and retaining participants.

Meanwhile, analysts watch FLOKI’s price charts amidst the optimism.

A potential upside reversal pattern is emerging on the weekly timeframe after extended downtrends.

A confirmation could trigger explosive moves and propel the meme token’s price to the key resistance at $0.00019082.

That would mean an approximately 124% gain from Floki Inu’s current market price of $0.00008452.

Let’s check how FLOKI could attain such a remarkable rally as its ecosystem gains strength amid Valhalla hype.

Floki Inu ushers in utility with Valhalla

Valhalla was among the most-awaited upgrades by the meme token community.

It is beyond a game, representing a key foundation of Floki Inu’s long-term mission to transform into a utility-driven project.

That matches the broader trend, where market participants are opting for crypto ecosystems with real-world utility.

Valhalla gamers gather and battle with Veras, upgrade in-game assets and finally interact with other players.

It leverages opBNB to guarantee smooth gameplay and low fees.

That reduces entry barriers for new participants often turned off by expensive gas charges.

That positions the dog-themed crypto project to grab mainstream attention, which will likely fuel long-term growth.

The Floki Inu team has been consistent in delivering tangible value through launches like Valhalla, and the explosive activity surge shows the plan could be working.

FLOKI price outlook: massive rally impending?

Besides web3 gaming, Valhalla’s impressive growth has renewed sentiments around the native FLOKI.

The meme coin shows signs of life after prolonged dips.

It trades at $0.00008452 after gaining nearly 20% in the past week.

Floki 7D Price Chart

Source – Coinmarketcap

The bullish momentum follows the latest rebound from the support zone at $0.00003996.

Floki Inu used this foothold to support massive rallies in late 2023, and that could be materializing.

Continued Valhalla success and broad market surge could confirm a bullish reversal emerging on FLOKI’s weekly chart.

That might trigger explosive gains toward the first crucial resistance zone at $0.00019082.

That would mean an approximately 124% increase from the alt’s current price.

The next resistance is at $0.00023966, beyond which FLOKI could witness a full recovery to $0.00029775.

However, breaching $0.00003996 may cancel the bullish formation, catalyzing notable dips or sideways actions.

The post FLOKI eyes 120% rally as Valhalla launches $10K giveaway after explosive weekly growth appeared first on CoinJournal.

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Ethereum ascends: Institutional pivot and dormant whale moves signal a new era

  • Bit Digital shifts treasury from Bitcoin (BTC) to over 100K ETH.
  • Dormant Ethereum wallets move millions after 10 years.
  • ETH/BTC bull flag hints at a 35% breakout by August.

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalisation, is stepping into what many believe could be a transformative phase, marked by growing institutional alignment and renewed on-chain activity from long-dormant whales.

Momentum around the asset has intensified in recent weeks, with fresh technical setups, corporate accumulation, and protocol-level proposals all converging to highlight Ethereum’s evolving position as not just a programmable blockchain but also a premier financial infrastructure layer.

Dormant giants awaken

Blockchain analysts have spotted multiple early Ethereum wallets springing to life, with some holding “genesis” coins untouched since 2015.

In one case, a wallet that received 900 ETH when the asset traded below $0.50 moved its holdings after nearly a decade, triggering curiosity across the crypto space.

On the same day, another wallet, also tied to Ethereum’s genesis phase, transferred 240 ETH after remaining inactive for exactly 3,630 days.

While the holders are not technically whales by Ethereum’s classification, such movements often reflect either confidence shifts or strategic repositioning, particularly amid market optimism.

The renewed activity echoes a broader pattern across the digital asset space, where legacy Bitcoin wallets have also been reactivating, in some cases after more than 14 years of dormancy.

These sudden moves by early adopters signal that legacy stakeholders are once again paying close attention to Ethereum’s trajectory, especially as it gains ground on Bitcoin in structural and financial terms.

Institutions turn to Ethereum

Leading this shift is Bit Digital Inc., a Nasdaq-listed company that has effectively gone all-in on Ethereum, making headlines with its aggressive treasury transformation.

According to a publication by the company, it sold 280 BTC and raised $172 million through a public equity offering to accumulate 100,603 ETH, positioning itself as one of the largest corporate Ethereum holders globally.

This dramatic pivot comes alongside the winding down of Bit Digital’s Bitcoin mining operations and the rollout of its Ethereum staking infrastructure, which is already among the most advanced in the institutional market.

CEO Sam Tabar has made it clear that the firm sees Ethereum not just as an asset, but as a foundation for financial reinvention, citing its programmability, staking yield, and growing adoption as core drivers of the shift.

Beyond Bit Digital, other firms like Sharplink Gaming and BitMine are also joining the fray, with BitMine announcing a $250 million ETH acquisition initiative to deepen its exposure.

According to CF Benchmarks, this trend is only expected to accelerate, with institutional ETH and SOL holdings potentially increasing tenfold over the next year.

Ethereum network stability in focus

Vitalik Buterin, Ethereum’s co-founder, has proposed a new gas cap mechanism to help manage network stress during periods of high demand or spam attacks.

The proposed cap would introduce a ceiling on total gas used per block, aiming to protect network performance by prioritising essential transactions over low-priority activity.

If implemented, this strategy could offer greater consistency during congestion while reducing the impact of fee spikes on smaller or new users.

Such upgrades reflect Ethereum’s maturing ecosystem, especially as developers prepare the protocol for future scaling and broader institutional use.

Ethereum price outlook: technical analysis signals a bullish momentum

At press time, Ethereum is trading at around $2,563, up more than 72% over the past three months, with a market capitalisation exceeding $309 billion.

While ETH remains 47% below its all-time high of $4,878, recent developments, including ETF filings, whale reactivations, and corporate realignment, suggest that investor confidence is building once again.

On the technical front, ETH/BTC is showing signs of a major breakout, forming what analysts identify as a bullish flag pattern on the three-day chart.

Should Ethereum break out from its current range, the ETH/BTC pair could climb by as much as 35%, reaching the 0.031 BTC level by August, a potential signal of altseason.

This comes as the total altcoin market cap tests long-term support, with previous bounces from this trendline often preceding explosive rallies across non-Bitcoin assets.

The return of capital rotation toward Ethereum and other Layer 1 platforms underscores a clear shift in trader sentiment, especially as confidence grows around Ethereum’s upcoming technical upgrades.

If the current bullish momentum holds, this may well mark the beginning of Ethereum’s most important ascent yet.

The post Ethereum ascends: Institutional pivot and dormant whale moves signal a new era appeared first on CoinJournal.

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SUSHI price turns bullish as SushiSwap team teases major reveal

  • SushiSwap has hinted at a massive announcement coming this week.
  • The altcoin shows bullish signals at a crucial support barrier.
  • Traders now target the key resistance zone at $0.79- a 30% surge.

Meme coins dominated financial trends with impressive rallies on Monday as Elon Musk launched a pro-Bitcoin political party for Americans.

Meanwhile, the SushiSwap team supercharged SUSHI’s rebound with a cryptic post on X, hinting at a massive reveal in the next few days.

SushiSwap X post

SushiSwap is a DEX that runs on multiple blockchains as an AMM (automated market maker).

It enables users to swap assets and offer liquidity without traditional order books.

Despite the scarce details, the upcoming announcement stirred the crypto community.

While enthusiasts contemplated what the message was about, analysts and traders shifted to the SUSHI price chart.

The altcoin’s current price of $0.6058 places it within the dependable support zone at $0.57 – $0.60.

Buyers have aggressively joined here to catalyze significant uptrends.

A confirmation might send SUSHI’s price to the crucial resistance zone at $0.79.

That would mean an approximately 30% surge from the meme token’s current price.

What to anticipate from SushiSwap?

While the team didn’t disclose the exact nature of the upcoming announcement, SUSHI’s price reaction triggered various speculations.

Enthusiasts could be bracing for strategic collaborations, protocol upgrades, new product launches, or governance overhaul.

Some suspect the project might introduce a new utility functionality for the native token or more integrations with decentralized finance protocols.

Indeed, the DeFi sector has seen increased traction lately, with topics like RWA tokenization, L2 expansions, and staking gaining traction.

Veteran crypto projects like SushiSwap are likely bracing to leverage this growth.

As the team prepares this week’s key announcement, traders are looking to capitalize on the potential momentum.

Coinglass data confirms the enthusiasm. SushiSwap’s volume has rallied 40% to $36.94 million.

Also, the Open Interest is at $30 after a 6% jump. That signals renewed interest in the project.

How could these developments influence SUSHI’s price actions in the near term?

SUSHI price outlook: recovery impending?

The DEX’s governance token displayed bullishness following the announcement, signaling impending rebounds.

SUSHI hovers at a crucial region. It trades at $0.6058, with a technical setup supporting upside continuation.

The alt trades above the foothold at $057 – $0.60, a crucial region that previously attracted significant buying.

Sushi Price Chart

Source – CoinMarketCap

SUSHI bulls are now targeting the nearest resistance at $0.66.

A decisive close beyond this mark could fuel continued upswings.

Overcoming $0.6925 would open the gates to $0.7470, and a potential extension to $0.7925.

That would mean a 30% gain from SUSHI’s current market price.

However, failure to reclaim $0.66 might delay the possible rally.

A sudden selling pressure that plunges SUSHI beneath $0.57 could trigger significant dips or sideways price actions.

Further, broad market sentiments will be vital in shaping SushiSwap’s trajectory.

The post SUSHI price turns bullish as SushiSwap team teases major reveal appeared first on CoinJournal.

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Meme coin news: MOODENG and BONK lead market comeback; SHIB burn rate jumps 1,200%

  • Moo Deng gained over 30% after Upbit listing, with its market cap surpassing $200M.
  • BONK displayed bullish momentum as key signals signal renewed demand.
  • Shiba Inu’s burn rate sees a dramatic jump after dipping.

Cryptocurrencies witnessed quite a volatility today as US labor stats propelled Bitcoin above $110K before retracing to $109K.

While altcoins signaled potential recoveries, meme coins remained in the spotlight, possibly as they set the market tone during every cycle.

In that context, MOODENG, BONK, and Shiba Inu dominate meme crypto trends due to different reasons. Let us find out more.

MOODENG soars on Upbit listing

Moo Deng led today’s gainers as it rallied 35% from $0.1691 to $0.2282.

The robust move followed South Korea’s exchange Upbit confirming it has listed MOODENG against USDT, BTC, and KRW.

The announcement ignited optimism among traders.

Moo Deng’s price gained around 35%, while its market cap surged beyond $200 million from $165 million.

While the market cap has dipped slightly to $188 at press time, Upbit’s listing positions the altcoin for greater liquidity and wider visibility.

MOODENG trades at $0.1901, with its 24-hour trading volume up 428%.

MOODENG price chart

Moreover, the listing’s timing has added to MOODENG’s momentum.

Binance Alpha added the meme crypto in May, whereas the community wait Moo Deng’s upcoming birthday party between July 10 and July 13.

MOODENG is a Solana meme token based on the popular pygmy hippo at Khao Kheow Open Zoo in Thailand.

BONK rebounds on revived demand

BONK has jumped from the opening price of $0.00001464 to $0.00001738 – an 18.72% jump.

Besides the price action, the Solana-based meme grabbed attention as organic demand drove its surge.

Coinalyze data shows BONK recorded a substantial $1.61 trillion buy volume on 3 July, eclipsing the $1.44 trillion sell volume.

Bonk data on Coinalyze

That confirms buyer resurgence and renewed demand for the altcoin.

Notably, the positive buy volume came after selling pressure dominated four successive days, suggesting a potential momentum shift to bullish.

The derivatives market data adds to the optimism.

According to Coinglass, BONK’s OI (Open Interest) jumped by 46% to $17.38 million, whereas futures volume crossed $97 million after a 270% increase.

It trades at $0.00001681 after retracing from intraday peaks.

Continued broad-based recoveries could trigger more uptrends for BONK in the upcoming sessions.

Shiba Inu’s burn rate skyrockets

While MOODENG and BONK stole the show through exchange listings and new capital, dog-themed Shiba Inu made headlines for different reasons.

SHIB has seen a massive 1,200% surge in burn activity, with over 13 million tokens destroyed in the past day.

Notably, SHIB saw sluggish token incineration in the previous five transactions .

The latest burn, which happened ah hour ago, wiped out around 13,152,197 SHIB coins.

Shibburnrate

That has renewed optimism in the meme coin’s deflationary journey.

The meme token trades at $0.00001192, having gained more than 5% the previous week. Also, fundamental data shows a healthy SHIB ecosystem.

IntoTheBlock data shows investors have staked over 4.69 trillion coins, indicating conviction in Shiba Inu’s long-term performance.

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IOTA price signals demand near $0.17 amid latest gains

  • IOTA is trading above $0.16, poised above the key level and likely to continue higher.
  • However, the token remains within a broader descending triangle.
  • A break above $0.17 will signal further gains, but a dip will bring $0.14 into play.

The IOTA token’s price has surged by about 8% in the past 24 hours to break above the $0.16 level amid fresh bullish momentum across the crypto market.

Per CoinMarketCap, IOTA’s daily trading volume has spiked by 55% to over $17.3 million, signalling potential demand for the token.

Significantly, this upward movement aligns with a broader rally across the altcoin market, which could mean a new leg up for the IOTA price.

IOTA bulls mirror top altcoins

As noted, the cryptocurrency market has witnessed a notable altcoin rally, and IOTA is among the top performers.

Over the past 24 hours, IOTA’s price has climbed to around $0.17, rising to levels seen on June 17, 2025.

IOTA’s 8% gain nonetheless outperformed most of the top 10 altcoins, signalling strong market confidence in its near-term potential.

In comparison, leading altcoins have posted between 4% and 8% in 24-hour gains.

Ethereum rose 6% to trade near $2,600 on Wednesday, while Solana (SOL) gained 4% to reach $156. XRP also advanced 4%, climbing to $2.28.

Dogecoin was up 8% at $0.17, and Cardano rose 8.5%, trading above $0.60. Sui was among the top performers with a spike of over 11%.

Gains for IOTA come amid the blockchain platform’s introduction of the toolkit IOTA Notarization.

This toolkit leverages the IOTA network’s Rebased upgrade, reducing transaction fees to 0.005 IOTA and enabling scalable, tamper-proof data recording.

It contrasts with traditional blockchain notarization, which sees costs of $0.05-$1.00 per record.

“IOTA Notarization is not here to replace your current databases or cloud tools. Those are still essential for internal operations and privacy,” said Lautaro Giambroni, product engineer at IOTA. “What we offer is a public, verifiable layer of trust when data needs to be shared across companies or regulators,” he added.

IOTA price forecast

IOTA’s price has broken above the $0.16 level and is now testing resistance near $0.17.

This move positions the token above a key support zone, with market participants eyeing further upside.

A decisive break above $0.17 could confirm a bullish trend reversal, potentially targeting $0.20 or higher.

However, IOTA remains within a broader descending wedge pattern on higher time frames.

IOTA price chart by TradingView

The weekly chart has the Relative Strength Index (RSI) currently approaching neutral territory, sitting at around 44, which indicates likely buying momentum.

However, the Moving Average Convergence Divergence (MACD) shows a recent bearish crossover, with the MACD line moving below the signal line to suggest continued downside pressure.

The descending triangle pattern implies that a failure to break $0.17 could see IOTA retest lower support near $0.14.

On the flipside, upside price action could bring $0.22 and $0.31 into the bulls’ view.

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