Kategorie: Altcoin News

• Dogwifhat (WIF) price dips 14.35% to $3.31 in a day; however, still 51% higher than a month ago.
• WIF price is projected to surge to $4.2 if it holds the current support level.
• Algotech’s $ALGT presale raises $3.7M; token priced at 0.08 tether.

Dogwifhat (WIF) has experienced a significant price pullback causing concern among investors.

As WIF retraces, investors are turning to new crypto projects like Algotech that are offering investment opportunities with their presale stages.

Dogwifhat (WIF) price pullback causes concern

Dogwifhat (WIF) has faced a notable downturn, with its price plummeting by 14% within a day, marking the largest single-day price drop over the past seven days.

At present, the token is trading at $3.31, marking a substantial decline from its peak of $4.8189 reached on March 31, 2024.

Despite this pullback, Dogwifhat’s price remains 51% higher than a month ago, showcasing its overall growth trajectory although investors are starting to get worried about what the future holds.

Dogwifhat price prediction

There are mixed sentiments regarding Dogwifhat’s (WIF) price forecast.

While the recent pullback has dampened hopes of the token reclaiming its $4 mark soon, some analysts remain optimistic about its long-term trajectory.

With the broader crypto market undergoing consolidation ahead of the Bitcoin halving, there’s potential for WIF to regain momentum and surpass the $4 threshold again.

Some analysts like Pando believe it is just a matter of time before WIF regains its bullish trend, especially seeing that the RSI indicator is almost at its bottom.

My prediction is, starting tomorrow we will begin to see the rise of $WIF. NFA DYOR. But look at the 4hr graph with the RSI on. RSI starting to reach the bottom. pic.twitter.com/9216aJCXTl

— Pando on Solana (@PandoTrades) April 5, 2024

According to Zer0, the WIF token is sitting in an interesting position and if it holds the $3.5 support level, it could easily hit $4.2 soon.

$WIF sitting in an interesting spot

Retesting previous breakout level

You want $3.5 to hold and get a MSB above $4.2 soon

Study low volume sell-off in price discovery

The hat stays on pic.twitter.com/7kLmbMATeC

— Zer0 🕊️ (@degengambleh) April 4, 2024

However, if bears persist, there are fears that the once very popular Solana-based memecoin could drop to around $2 in the next few days.

$WIF Price Prediction

If WIF breaks to the south of its mid-March highs and 21DMA, a potential drop all the way to support in the $2.0 area is on the cards. That could mean a further near 45% drop from current levels. pic.twitter.com/DAYD10umMP

— Dendy (@tutdenizka) April 5, 2024

Algotech: redefining crypto trading

Algotech emerges as a leading player in the crypto trading sphere, offering a cutting-edge decentralized algorithmic trading platform.

Powered by advanced algorithms and machine learning capabilities, Algotech empowers traders to navigate complex markets with efficiency and precision.

The platform’s native token, $ALGT, serves as a gateway for investors to participate in Algotech’s ecosystem and benefit from its innovative trading solutions.

The $ALGT token plays a crucial role in Algotech’s ecosystem, providing investors with voting governance rights and ownership stakes in the platform. Moreover, early investors in $ALGT stand to receive dividends from the profits generated by Algotech’s trading strategies, which encompass futuristic approaches such as hedging and mean reversion.

This unique model incentivizes investor participation and aligns interests towards the platform’s growth and success.

Algotech presale

Investors have shown significant interest in the ongoing Algotech presale, with the total raised amounting to $3,723,875.680 so far.

The presale presents an opportunity for investors to acquire $ALGT tokens at the current stage price of 0.08 tether, with the price set to increase to 0.10 tether in the next stage.

With a minimum purchase requirement of $25, investors of all levels can participate in Algotech’s vision of revolutionizing trading through cutting-edge technology. The presale accepts various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and others.

Conclusion

As Dogwifhat (WIF) navigates through the current price retracement, investors remain optimistic about its long-term prospects, buoyed by positive price predictions and market dynamics.

Concurrently, Algotech’s $ALGT token presale continues to gather momentum, offering investors an opportunity to participate in the future of algorithmic trading.

With both entities poised for growth and innovation, the crypto landscape awaits exciting developments in the coming months.

The post Dogwifhat (WIF) price forecast amid pullback as Algotech’s ALGT token presale nears $4M appeared first on CoinJournal.

• PEPE price rose more than 50% to lead top meme coins Dogecoin and Shiba Inu.
• The frog-themed meme token is now above Solana-based Bonk in market cap.

Pepe (PEPE) has had the most bullish reaction to Bitcoin’s massive spike on Monday.

The meme coin, which had taken a backseat as Solana-based meme tokens stole the show in late 2023, has overtaken Bonk (BONK) into third spot among largest meme coins by market cap.

PEPE is outpacing Dogecoin (DOGE) and Shiba Inu (SHIB), the top two meme coins that have posted 24-hour gains of 12% and 14% respectively.

Pepe (PEPE): Is the frog token back?

Dogwifhat (WIF) and Floki (FLOKI) have registered 43% and 35% each in the past 24 hours, still off Pepe’s big move.

PEPE has gained as on-chain metrics suggest a resurgence for the frog meme. In the past week, the token’s holders count has increased from 155,735 on February 24 to over 157,600 on February 27. New holder have increased by nearly 2,000 in just three days.

Interest in the meme coin is also likely down to whale activity, with large accounts holding between $100,000 and $1 million in PEPE showing aggressive buying. Also notably, PEPE is among the tokens Robinhood Crypto recently added for availability in select jurisdictions in the EU.

Binance and a few other top exchanges have also highlighted PEPE, with Binance running a 700,000 PEPE promotion in its Simple Earn program.

Pepe (PEPE) currently trades around $0.0000002488.

The post PEPE jumps 54% to lead meme coins as cryptocurrencies rally appeared first on CoinJournal.

TLDR

• $RBLZ offers 150% gains before the upcoming launch.
• INJ is set to continue its bullish trend.
• MATIC could increase toward the $1.05 range.

Rebel Satoshi ($RBLZ) investors await the official launch on DEXes on March 4. Let’s see if this revolutionary meme coin has the potential to compete against Injective (INJ) and Polygon (MATIC) and find out which is the best cryptocurrency to buy today.

Rebel Satoshi Gains Unrivaled Bullish Momentum

Rebel Satoshi is a groundbreaking meme coin project that aims to challenge the stability of centralized organizations and ignite a permanent crypto revolution. In addition, $RBLZ holders play a vital role in the building of the Rebel Satoshi ecosystem and obtain numerous exclusive benefits as Recusants in Rebel Satoshi’s army.

For example, $RBLZ users receive enormous staking rewards and access to as many as 9,999 rare NFTs. On top of that, $RBLZ holders can engage in the platform’s exciting meme culture and embark on various interactive quests.

Top market experts suggest $RBLZ as the best coin to invest in the present market based on Rebel Satoshi’s fantastic growth potential. Furthermore, $RBLZ has completed its Smart Contract Audit and has already raised $2.1 million. 

The token is at the final Recusants Round 5 of the presale, priced at only $0.024. Thus, investors who bought $RBLZ at its Round 1 price of $0.010 are set to receive exceptional 150% gains when $RBLZ soon hits the $0.025 presale target. 

The returns are bound to get substantially bigger after $RBLZ hits exchanges on March 4, so make sure to diversify your portfolio with Rebel Satoshi today!

Injective Bulls Expect Rallies to $43.50

The price of INJ has decreased by 0.87% over the last week, from $35.40 to $35.10. However, Injective bulls are convinced that the recent positive developments in the Injective camp could soon enable INJ to approach the $43.50 threshold. Furthermore, experts praise INJ as one of the best altcoins to buy in 2024 based on Injective’s remarkable surges in terms of Total Value Locked.

As the platform announced on February 15, Injective’s partnership with Solana and Bonfida has resulted in the release of crypto’s first omnichain domain name service. In addition, Mito Finance announced the launch of Mito on the Injective mainnet on February 20.

On the other hand, Injective bears warn that the token’s inability to bounce back above the $40 mark could lead to more significant drops over the next INJ price movements. According to a recent pessimistic INJ price prediction, holders should brace for corrections toward $31.50.

Could Polygon Increase to $1.05?

The price of MATIC has surged by 6.74% within the last week, from $0.88 to $0.95. Polygon bulls claim that MATIC is set to sustain its upward momentum and rise toward the $1.05 level in the upcoming term.

This optimistic MATIC price forecast is based on multiple factors, such as Polygon’s continued surges in terms of daily active users and Polygon’s increased whale activity. For example, Spot On Chain reported on February 17 that a wallet linked to Polygon’s Hermez Network had deposited 3 million MATIC tokens (worth over $2.85 million) to Kraken. 

While Polygon bulls suggest MATIC as the top crypto to invest in 2024, some market analysts have evaluated MATIC as a high-risk investment based on the token’s increased price volatility. As for the latest negative Polygon price prediction, MATIC could decrease to $0.83 in the following weeks.

Analysts claim that $RBLZ is poised to leave opponents like INJ and MATIC far behind in the crypto race. The Rebel Satoshi presale ends on February 29, so don’t hesitate to take action right away! 

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram

The post Buyers Rush Last Opportunity on Rebel Satoshi ($RBLZ) Presale as Injective (INJ) and Polygon (MATIC) Record Gains appeared first on CoinJournal.

• Siacoin (SC) price rose to above $0.02, its highest level since December 2021.
• SC, the native token of decentralized cloud storage platform Sia, was up 55% in the past week and 120% up over the past two weeks.

Siacoin (SC) rose to its highest level since December 2021, breaking above $0.02 to mark a two-year high.

SC, the native token of decentralized cloud storage platform Sia, was among top performers on Friday. With SC/USD changing hands near the intraday highs, the double-digit gains pushed Siacoin’s market cap to above $1 billion. Per CoinMarketCap, Siacoin ranked 70 among largest cryptocurrencies by market cap at the time of writing.

Today’s gains have pushed the weekly upside for the altcoin to 55%, while it’s 120% up over the past two weeks.

Why is Siacoin price up today?

Siacoin’s gains, which put it among top gainers on the day alongside Avalanche DEX platform Pangolin (PNG), comes amid renewed confidence in the future of the project.

A recent update from the Siacoin Foundation injected optimism within the Sia community. According to the platform’s February 2024 update, there’s a lot in the pipeline for the Sia network.

Key milestones set to enhance network stability and performance include an upcoming hardfork dubbed Utreexo. The implementation for the hardfork as set in the RHP4 aims at enhancing network scalability and efficiency.

As SC price rose, the amount of short liquidations increased. According to data from Coinglass, the last 24 hours had seen a total of over $64k in shorts liquidated.

Meanwhile, Open Interest has increased 21% to $12.77 million amid the buy pressure.

The post Siacoin (SC) spikes to 2-year high amid boost in investor confidence appeared first on CoinJournal.