Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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3 altcoins that could go ballistic if Bitcoin (BTC) crosses $120,000 mark

Some altcoins are setting themselves up to profit from the positive wave as the crypto market prepares for Bitcoin’s possible breakout above the $120,000 mark. Rexas Finance (RXS), SUI, and Solana (SOL) are being hailed by some industry insiders as particularly outstanding performers and ready to go ballistic during the anticipated Bitcoin rally.

Rexas Finance (RXS): The future of real-world asset tokenization

Rexas Finance provides creative ideas for real-world asset (RWA) tokenization. By letting users tokenize real estate, artwork, and other highly valuable assets, Rexas Finance is changing the crypto scene. The initiative has enormous market potential since the real estate sector alone is valued at around $379.7 trillion.

Rexas Finance attracts retail and institutional investors by lowering transaction costs, improving liquidity, and raising transparency. Rexas Finance, in Stage 6 of its presale, has raised $9.5 million with 166 million tokens sold as of writing, indicating 81.74% completion. In this stage, the token price is $0.080; from its initial $0.03 price two months ago, this shows an impressive 166% increase.

It will list on three tier-1 exchanges at $0.20 post-presale, providing a wider global reach and more potential for gains.  Rexas Finance recently received a Certik audit, which is a sign of security and trustworthiness in blockchain initiatives, improving investor confidence. Furthermore, its inclusion on CoinGecko and CoinMarketCap improves visibility and accessibility. 

The ongoing $1 million giveaway, which offers 20 winners $50,000 in RXS apiece, has piqued investor interest. Based on projections for RXS, price appreciation seems to be strong as adoption rises. Some analysts believe Rexas Finance, with features such as AI integration, DeFi utilities, and yield optimization, could be poised to go ballistic if Bitcoin rallies above $120,000.

SUI: Consistently Hitting new all-time highs

Rising 105% in the past two weeks, SUI is among the top-performing altcoins in the current bull run. As of writing, SUI trades at $3.72, just below its all-time high of $3.94, which it attained last weekend.

Reflecting increased investor demand and confidence, its Open Interest (OI) has lately topped $826 million. The Chaikin Money Flow (CMF) indicator of the token indicates significant inflows, highlighting its positive trend. With a constant tendency to new all-time highs, SUI’s upward trajectory exactly matches market expectations of a possible surge. Driven by its excellent foundations and growing market visibility, SUI is expected to rise sharply if Bitcoin crosses $120,000.

Solana (SOL): Poised for a new all-time high?

Riding a surge of positive momentum, Solana broke past the $240 barrier twice in the current bull run. SOL trading at $246.89 as of writing has increased 59.9% over the past month. With analysts predicting a surge to $600 or more, its market capitalization of $115 billion ranks it among the top four leading cryptocurrencies, recently flipping Binance Coin.

Technical indicators supporting this optimistic view include a declining triangle breakout and a cup-and-handle pattern. Solana-based decentralized exchanges (DEXs), which account for 33.59% of DEX trade activity as of November, support its bullishness even more. So, Solana might see significant inflows if Bitcoin crosses the $120,000 mark, increasing its price to new highs.

Conclusion

Rexas Finance, SUI, and Solana could be ready to go ballistic if Bitcoin surges past $120,000. Each altcoin has unique qualities and solid foundations that guarantee a place of strength in the next positive market phase. Although SUI and Solana present interesting development chances, Rexas Finance distinguishes itself with its innovative RWA tokenizing, unparalleled presale expansion, and rich possibilities.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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JUP price prediction: Analyst says it could mirror SOL

  • JUP price has retested a key resistance line after bouncing above $1.
  • Crypto analyst Rekt Capital suggests holding above support level will help bulls soar.

As Solana price surges above $240 and nears its all-time high, crypto analyst Rekt Capital says Jupiter (JUP) could follow suit.

The native token of the decentralized exchange (DEX) aggregator, which counts as a major ecosystem player for Solana, is attracting attention for its potential.

“Jupiter was able to successfully retest the previous resistance area (red) into new support. In fact, JUP performed a volatile downside retest into the multi-month blue diagonal resistance as well. Continued stability here and JUP could follow SOL,” the analyst wrote on X on Nov. 18.

Here’s the chart the analyst shared, indicating possible support levels for JUP on the weekly time frame.

JUP weekly price chart by Rekt Capital

JUP price at key level

Earlier, the analyst had pointed to JUP’s bullish weekly close above $1.10. Noting that price was “showing initial signs of support,” Rekt Capital said:

“JUP will need to form a base here at the red region to enable a move above $1.29 (black) which needs to be reclaimed for future trend continuation.”

The altcoin rose to above $1.30 on Nov. 17, breaking to highs last seen in May. While profit taking deals have pushed JUP lower to $1.20, sentiment suggests a rebound is imminent. At the time of writing, JUP is hovering above the psychological $1 level, having bounced from lows of $1.04 to retest levels seen in May.

Breaking to the supply zone means a rally riding broader market momentum could see buyers target the all-time high of $2.00 reached in January 2024.

On the downside, the rejection at $1.30 could see bears push JUP beyond the primary support area. A retreat to below the horizontal support near $0.70 will bring the $0.50 area into view.

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Crypto market on a free fall as Iran launches missiles into Israel

  • Crypto market drops as Iran launches missile strikes into Israel.
  • Bitcoin falls to $62k; Ethereum drops below $2,500.
  • The global crypto market cap declines by 2.72% to $2.18 trillion.

The global crypto market has witnessed a sharp decline following reports of Iran firing missiles into Israel.

The heightened geopolitical tensions have sent shockwaves through financial markets worldwide, with crypto assets taking a significant hit.

As news of the missile strikes spread, cryptocurrency markets reacted swiftly. Bitcoin (BTC), the largest cryptocurrency by market capitalization, had dropped to $61,932.92 at press time while Ethereum (ETH), the second largest cryptocurrency, witnessed a 3.42% plunge, with its price dipping below $2,499.30.

Altcoins, often more volatile, experienced even steeper declines, with Arweave (AR), Notcoin (NOT), Gala (GALA), and Worldcoin (WLD) dropping by double digits as investors scrambled to offload risky assets.

As the market plunged, the global cryptocurrency market cap dropped by over 2.72% to $2.18 trillion.

The sudden drop in crypto prices underscores the market’s sensitivity to geopolitical events. Historically seen as a hedge against inflation and economic uncertainty, cryptocurrencies have not proven immune to geopolitical shocks.

Investors, rattled by the fear of broader regional instability and its potential impact on global markets, have moved to safer assets such as gold, which saw an uptick in prices.

The attack marks a severe escalation in the already volatile Middle East region. Iran’s missile launches were reportedly in retaliation for the Israeli operations in Lebanon that have resulted in the elimination of Hezbollah’s leader.

Israel has, however, responded swiftly, vowing to defend its territory, raising concerns of an impending large-scale conflict.

While the full extent of the conflict’s impact remains unclear, the continued volatility in the Middle East is likely to keep the crypto market on edge in the coming days.

Traders and analysts are now closely watching both diplomatic developments and market reactions.

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ChangeNOW Takes a Bold Step with Its New Telegram Mini App — Here’s Why It Matters

  • ChangeNOW recently launched a Telegram Mini App, simplifying crypto transactions for users
  • The platform supports 1,000+ cryptocurrencies with instant swaps and low fees
  • Its non-custodial model ensures user privacy and security during transactions

ChangeNOW, a leading cryptocurrency exchange offering some of the lowest-fee crypto swap services, is making headlines with its recently launched Telegram Mini App, marking a significant milestone in the evolution of cryptocurrency exchanges. 

By leveraging Telegram, ChangeNOW aims to enhance accessibility and simplify crypto transactions for users worldwide seeing that Telegram’s user base is approaching one billion.

ChangeNOW’s history

Founded in 2017, ChangeNOW began its journey as a non-custodial cryptocurrency exchange based in Mahé, Beau Vallon, Seychelles. 

With a mission to promote crypto mass adoption, ChangeNOW has established itself as a simple and effective platform for swapping over 1,000 cryptocurrencies and 60+ fiat currencies. 

The company’s no-signup policy and focus on privacy have attracted a diverse user base, with around 1 million users relying on its services.

ChangeNOW’s founders and team

ChangeNOW was founded by a team of visionaries dedicated to creating a seamless and user-friendly crypto exchange experience.

While specific details about the founders are less publicized, the collective expertise in blockchain technology and financial services has been pivotal in guiding ChangeNOW’s rapid growth.

The team’s commitment to regulatory compliance and security ensures that the platform not only meets user needs but also adheres to the evolving regulatory landscape.

ChangeNOW features

ChangeNOW boasts an impressive array of features that cater to both novice and experienced cryptocurrency users. 

With more than a million cryptocurrency pairs available, the platform offers a fast and efficient exchange service, with an average transaction time of around five minutes. 

Its user-friendly interface allows for easy swaps, and the platform supports transactions as low as $2, with no upper limit.

ChangeNOW boasts an impressive array of features designed to cater to the needs of its users. Key offerings include:

  • Instant swaps: Users can easily swap 1000+ cryptocurrencies with an average transaction time of around 5 minutes, with no account creation or KYC required.
  • Cross-chain swaps: ChangeNOW offers seamless token exchanges across different blockchains, including Ethereum, BNB, Base, Manta, and others.
  • Over 1 million exchange pairs and a wide range of crypto asset classes: ChangeNOW has listed all popular cryptocurrencies, including meme coins, AI tokens, DePIN tokens, RWA tokens, PolitFi tokens, and more.
  • No exchange limits and competitive fees: Exchanges start from as low as $2 and the exchange rates are transparent with no hidden fees policy.
  • Crypto Loans: ChangeNOW allows users to deposit their cryptocurrencies and borrow stablecoins with a competitive loan-to-value ratio.
  • Fiat-to-crypto options: The platform supports over 60 fiat currencies, allowing users to purchase cryptocurrencies easily with credit cards (Visa/Mastercard), or other payment methods including Google Pay, Apple Pay, Revolut, and more.
  • ChangeNOW Pro: This offers enhanced features such as cashback on transactions, crypto loans, and staking options.
  • Non-custodial access: Users retain control of their funds, enhancing security and privacy while eliminating the risks associated with centralized exchanges.
  • Mobile App for iOS and Android: ChangeNOW also features a mobile exchange application that allows users to conduct their business while on the go.
  • Customer support: A responsive customer support team ensures a high-resolution rate for user issues including sending a deposit in the wrong network, creating a transaction with a wrong coin, selecting an amount and then sending a different one, sending more than one deposit for the same transaction and sending a deposit long after the exchange was created or completed, providing peace of mind for swappers.
  • Referral program and affiliate program: The ChangeNOW affiliate program allows users to introduce crypto projects to NOW Solutions and earn up to 25% from their commission. And the referral program allows users to share unique affiliate links on their blogs, web pages, or social media accounts and get paid for every exchange made through the links.

Regulatory compliance and security

ChangeNOW takes regulatory compliance seriously, ensuring its services align with legal standards in the regions it operates. This focus on compliance not only protects the company from potential legal issues but also enhances user trust. 

The non-custodial model ensures that ChangeNOW does not hold user funds, thereby minimizing security risks. 

ChangeNOW has no mandatory KYC, with identity verification initiated only in cases of suspicious activity. Its robust risk prevention system has already proven effective, with over $19 recovered in stolen assets. 

ChangeNOW’s Telegram Mini App

ChangeNOW is expanding its offerings with the recently launched ChangeNOW Telegram Mini App. This innovative application integrates seamlessly with the popular messaging platform, allowing users to buy, sell, and swap cryptocurrencies directly within Telegram. 

By tapping into Telegram’s vast user base, ChangeNOW is making cryptocurrency transactions more accessible and user-friendly.

The Mini App embodies ChangeNOW’s mission to simplify crypto exchanges and enhance the overall user experience. Users can conduct transactions without navigating away from their messaging platform, reducing the barriers to entry for those new to cryptocurrencies. 

This strategic move not only promotes the use of cryptocurrencies but also positions ChangeNOW as a forward-thinking leader in the industry.

The NOW ecosystem

ChangeNOW’s ecosystem encompasses various products and services, enhancing the overall user experience. ChangeNOW’s array of products includes the NOW Wallet, NOW Token, NOW Tracker, NOWPayments, NOW Launchpad, and NOWNodes.

The NOW Wallet allows users to store, buy, sell, and stake cryptocurrencies across multiple platforms, including mobile and desktop. 

The NOW Token, the platform’s native digital asset, offers users benefits such as cashback rewards and staking options, fostering a sense of community among users.

The NOW Tracker allows users to monitor their portfolios effectively.

The exchange also integrates several other NOW services, including NOWPayments, NOW Launchpad, and NOWNodes, to cater to businesses and developers, further solidifying its role within the crypto landscape. 

The ecosystem’s diversity enables users to interact with multiple aspects of cryptocurrency swapping, lending, and staking, all while enjoying the benefits of a non-custodial platform. This interconnected ecosystem not only benefits individual users but also supports the broader growth of the cryptocurrency market.

Additionally, ChangeNOW’s partnerships with various wallets and financial services, including Edge Wallet and Cake Wallet, demonstrate its commitment to providing a seamless and integrated experience for users.

Conclusion

ChangeNOW’s recent launch of the Telegram Mini App is a bold step toward enhancing accessibility and simplifying cryptocurrency transactions. With a rich history, a strong team, and a diverse range of features, ChangeNOW is poised to continue leading the charge in the cryptocurrency exchange space. 

By prioritizing user privacy and regulatory compliance, along with embracing innovative platforms like Telegram, ChangeNOW is not just adapting to the market; it’s shaping the future of how we interact with cryptocurrencies. 

As the digital currency landscape evolves, ChangeNOW’s commitment to providing a seamless, user-friendly experience will undoubtedly play a crucial role in driving mass adoption and transforming the way people engage with crypto.

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Sui (SUI) and Bitcoin Dogs (0DOG) gains attract investors’ attention

  • Sui (SUI) has surged 116.2% in three months.
  • While Bitcoin Dogs (0DOG) has seen a considerable decline since its public listing, key metrics point to a possible trend reveal.
  • Both tokens show growth potential, with SUI’s TVL exceeding $1 billion and rising interest.

Cryptocurrency investors are continuously on the lookout for promising assets that offer significant growth potential and two tokens, Sui (SUI) and Bitcoin Dogs (0DOG), have caught the attention of investors.

Both Sui and Bitcoin Dogs have showcased impressive performance and unique features, making them appealing choices for traders and long-term investors.

Sui price soars by 63% in two weeks amid bullish market sentiment

Sui (SUI) has recently made headlines, witnessing a remarkable price increase of over 116.2% in the past three months, outpacing established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

Currently priced at around $1.77, SUI has demonstrated resilience despite a recent price pullback, suggesting a robust bullish sentiment. Its price has risen by 63.7% over the past two weeks adding to its yearly gains of 277.09%, at press time.

Sui’s TVL recently surpassed the significant milestone of $1 billion, hitting an all-time high of $1.03 billion on September 19. Although the TVL has slightly decreased to approximately $984.85 million according to DefiLlama, this figure still represents a substantial increase from previous metrics, showcasing the growing liquidity and trust in Sui’s decentralized finance (DeFi) ecosystem.

A higher TVL generally indicates greater liquidity, making the protocol more attractive to both investors and developers.

Sui’s trading volume also reflects strong market confidence, with recent spikes reaching over $1 billion, indicating sustained investor interest. The derivatives market mirrors this trend, with volumes reaching $2.49 billion on September 25, a notable 35.57% increase within just 24 hours.

Despite some fluctuations, these figures underscore a high level of participation in the SUI derivatives market, with significant short liquidations suggesting that bearish traders are being squeezed out, paving the way for continued bullish momentum.

In addition to impressive financial metrics, Sui has seen a rise in user engagement, with daily active addresses increasing from 1.24 million to 1.8 million on September 27—a 12.93% uptick in just one day. This surge in user participation signals heightened interest in Sui’s decentralized applications (dApps) and services, which could further enhance the asset’s attractiveness.

Bitcoin Dogs (0DOG): The Rising Meme Coin

Besides Sui, Bitcoin Dogs (0DOG), a relatively new meme coin, is rapidly establishing itself in the meme coin sector. It is currently priced at $0.00661 after a successful presale round and listing on several crypto exchanges including MEXC.

Although 0DOG has experienced notable volatility, including a 64.83% decline over the past month, its long-term prospects remain bullish. This is largely due to its close correlation with Bitcoin’s price movements, positioning it as a leveraged play on Bitcoin, especially as institutional interest in Bitcoin ETFs grows.

What sets Bitcoin Dogs apart is its innovative approach. As the first-ever ICO project on the Bitcoin network, it combines elements of NFTs and play-to-earn (P2E) gaming mechanics. The upcoming launch of its Telegram game is anticipated to provide additional utility, attracting not only meme coin enthusiasts but also gamers and investors looking for innovative blockchain projects.

This unique blend of features positions Bitcoin Dogs as more than just another meme coin; it represents a new frontier in the Bitcoin ecosystem.

Despite recent fluctuations, Bitcoin Dogs has the potential to outperform traditional assets in bullish market conditions.

Analysts predict that the meme coin supercycle is just beginning, with 0DOG expected to capitalize on this trend. Early Bitcoin investors, who have demonstrated market-savvy decisions in the past, are flocking to Bitcoin Dogs, hoping to replicate their initial successes with Bitcoin.

Conclusion

With both Sui and Bitcoin Dogs capturing investor attention through their unique value propositions and strong metrics, they are set to play significant roles in the evolving cryptocurrency landscape. As more participants enter the market, these tokens could pave the way for future growth, making them essential assets to watch closely in the coming months.

Whether you are a seasoned trader or a newcomer to cryptocurrency, SUI and 0DOG offer intriguing opportunities for those willing to explore their potential. For more information about 0DOG, you can visit the project’s website.

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