Kategorie: Crypto Analysis

Cryptocurrencies were fairly mixed on Monday as Bitcoin remained stubbornly above the important support level at $90,000. Hedera Hashgraph (HBAR) token surged to a high of $0.1490, its highest level since April 24 and 256% above its lowest point this month. 

Similarly, Citizen (CATI), the popular Telegram game, jumped for four consecutive days, reaching a high of $0.70, its highest point since September. Notably, investors continued to eye Vantard, an upcoming cryptocurrency that seeks to create a meme coin index fund.

Why Hedera Hashgraph and Catizen soared

Hedera Hashgraph token surged after a leading company applied for a spot HBAR ETF in the United States. This application is taking advantage of the recent Donald Trump election, which will likely usher in a new era in the crypto industry. 

Unlike Joe Biden, Trump has comeout in support of the crypto industry since he has a skin the game. As such, there is a likelihood that the SEC will approve new crypto ETFs at a faster pace in the coming year.

Hedera Hashgraph is seen as an ideal candidate for an ETF because of its use case and the fact that it counts influential companies like Google, Mondelez, and IBM as members of its governance council. 

The main issue with Hedera is that it often has low volume and it has not attracted many developers in its ecosystem. As such, even if the ETF is approved, it is unclear whether it will gain popularity among institutional investors. 

Citizen, on the other hand, is a top player in the tap-to-earn ecosystem that has grown rapidly in the past few months. As shown below, its rebound was mostly because of technicals since it had formed a falling wedge pattern before its comeback. There is a likelihood that the token will surge to a record high of $1.2, which is about 60% above the current level.

Vantard token sale is accelerating

Meanwhile, investors have shifted their focus to Vantard, a popular crypto project that is in its token sale. Vantard has raised over $844,000 from investors, a trend that could continue as meme coins jump.

Vantard is based on the idea that meme coins do well over time. Recent data show that meme tokens like Dogecoin, Floki, and Dogwifhat have outperformed major cryptocurrencies like Bitcoin and Ethereum. 

Vantard’s strategy is to create a meme coin index fund that will track the biggest and most promising tokens in the industry. As such, instead of investing in all these coins, one can buy the VTARD token and gain exposure to some of the best coins. 

The developers hope that their tokens will thrive as Trump is set to simplify cryptocurrency laws while the Federal Reserve is expected to continue cutting interest rates through 2025. You cann learn more about Vantard here.

The post Hedera Hashgraph, Catizen prices soar as traders eye Vantard appeared first on CoinJournal.

Key takeaways

• BTC briefly hit the $90,100 level, reaching a new all-time high.
• Vantard’s presale is now approaching $850k

BTC briefly touches the $90k level

Bitcoin has been rallying since Donald Trump won the United States presidential elections last week. The leading cryptocurrency by market cap briefly hit the $90,100 level on Coinbase before retracing below the $88k mark.

At press time, Bitcoin’s price stands at $87,869. There is a massive sell order for Bitcoin around the $90k region and market analysts believe that BTC could range between $90k-$100k in the near term. 

What is Vantard (VTARD)?

The ongoing rally has seen over $700 billion enter the cryptocurrency market in the last seven days. The growing demand for Bitcoin and other major cryptocurrencies is spilling to upcoming altcoins as investors look to diversify their investments. 

Vantard is one of the projects attracting investor interest. It is the world’s first Solana meme coin index and would help investors leverage the growing $45 billion memecoin market. 

In its whitepaper, the team said its native $VTARD token holders can redeem tokens against the Treasury for their proportional percentage of the underlying assets. Vantard will hold a portfolio of top Solana-based meme coins. 

The project will enable investors to broaden their cryptocurrency investment portfolio. This feature is crucial, given the growing importance of meme coins to the cryptocurrency ecosystem. 

Vantard would allow investors to easily leverage the ‘Memecoin Supercycle’ as it delivers exciting new projects to their portfolios. Furthermore, the Vantard index will bridge a significant gap in the market as meme coins have outperformed every other crypto sector in recent years. 

Read more about the Vantard project here. 

Vantard’s presale approaches $850k

The Vantard presale is approaching a significant milestone. The team has raised nearly $820k so far. The seed round comes shortly after the project raised $500k in its pre-seed funding round. 

In this current stage, Vantard is going for $0.00013 per coin, and the price is set to increase to $0.00014 in the next stage. The $VTARD tokens are available to investors via the Vantard website. Accepted forms of payment include USDC, USDT, and Ethereum (ETH) coins. 

Vantard is the first meme coin index to track meme coins on the Solana blockchain. This is crucial given Solana’s position as the leading blockchain for meme coins and DeFi protocols. 

Meme coins have a combined market cap of over $40 billion, which is expected to increase in the coming months and years.

Vantard eliminates a major challenge for investors by picking out the best meme coin projects on the Solana blockchain. Thus giving investors exposure to the best projects and ensuring they don’t invest in scam meme coins. The index lets users ‘Ride the Memecoin Supercycle.’

Should you buy the $VTARD token now?

The ideal times to buy tokens are during the presale and bear market. With Vantard currently in its presale, investors can invest in this project before it launches on crypto exchanges.

The $VTARD token is sold for $0.00013 per coin. However, the price will increase to $0.00014 per coin in the next stage. 

This year, the crypto market welcomed spot Bitcoin and Ethereum ETFs, attracting billions of dollars in institutional investment. Meme coins are attracting interest from investors, and memecoin indices could become very attractive.

As the first Solana meme coin index, Vantard could become one of the top-performing cryptocurrencies in this bullish cycle.

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Cryptocurrency prices jumped sharply as Bitcoin moved close to the important resistance point at $80,000. Other cryptocurrencies like Cardano (ADA), Hamster Kombat (HMSTR), and Catizen (CATI) have all surged by double digits. The market cap of all coins has jumped to over $2.7 trillion. This article looks at top coins like Vantard (VTARD), Cardano, and Hamster Kombat.

Hamster Kombat price forecast

The Hamster Kombat token price has surged hard in the past few days, ending the recent bear market. This rebound happened after the coin formed a falling wedge chart pattern, a popular bullish signs in the market.

The Hamster Kombat token has moved above the 25-period and 50-period Exponential Moving Averages (EMA). Also, the Relative Strength Index (RSI) and the Stochastic Oscillator have all pointed upwards. 

Therefore, the token will continue rising as bulls target the key resistance level at $0.01, which is about 77% above the current level. A drop below the key support level at $0.0040 will point to more downside to the key support at $0.002.

Cardano price prediction

The daily chart shows that the ADA price has surged hard in the past few days. It has risen in the past six consecutive days, reaching its highest level since April 9 of this year. It has crossed the important resistance point at the 50% Fibonacci Retracement level.

Cardano has formed a golden cross pattern as the 200-day and 50-day moving averages have formed a golden cross pattern. Also, the MACD, Relative Strength Index (RSI), and the Stochastic Oscillators have all moved to their overbought levels. 

Therefore, the Cardano price will likely continue rising as bulls target the key resistance point at $1.

Vantard token sale continues

Vantard, an upcoming Vanguard-themed coin, has become one of the best-performing token sales of the year. In less than three weeks, the token is on track to raise over $1 million from investors.

Vantard’s token sale has attracted thousands of investors who believe that it could be the next big thing in the crypto industry. For one, it is a coin that aims to replicate the success made by most meme coins, which have continued to outperform the likes of Bitcoin and Ethereum.

There are a few important catalysts that could do better when it launches its airdrop in the next few months. 

First, most meme coins are expected to keep soaring during this meme coin rally. Second, Donald Trump is expected to implement friendly policies that will support the cryptocurrency industry.

Third, Vantard will do well because of the Federal Reserve, which is expected to continue cutting interest rates in 2025. It has already slashed rates two times – by 0.75% -, a move that will make it better for investors to allocate cash to meme coins. You can buy Vantard token here.

The post Crypto price predictions: Vantard, Cardano, Hamster Kombat appeared first on CoinJournal.

Cardano and IOTA, two of the best-known players in the crypto industry, have underperformed the market over time as they evolved into ghost chains. A ghost chain is a blockchain whose coin is popular, but one that lacks a supportive ecosystem. 

Cardano and IOTA are ghost chains

Cardano is a layer-1 blockchain that became popular in 2021 as a good alternative to Ethereum, which was a proof-of-work network at the time. Its popularity was partly because it was promoted as a peer-reviewed chain that would become a disruptive force in the industry.

Years later, Cardano has no major developers working in its blockchain. For example, there are no popular decentralized exchanges (DEXes) and lending protocols. It has a total value locked (TVL) of less than $350 million. In contrast, newer blockchain networks like Base and Sui have attracted over $1 billion in assets. 

IOTA, on the other hand, became popular for its insistence that it was not a blockchain network. Instead, it is a distributed ledger technology that uses a technology known as tangle. 

IOTA launched Shimmer, its EVM-enabled blockchain network in 2023 with a lot of hype. Many months later, it has also not attracted major developers. 

Therefore, many investors have abandoned ADA and IOTA as their prices have continued to underperform the market. Cardano price has crashed by 60% from its highest level this year, while IOTA has plunged by 75%.

Traders flock to Vantard

At the same time, traders are flocking to Vantard, an upcoming meme coin fund token that is in its presale stage.

Data on its website shows that the developers have now raised $808,240 tokens in less than three weeks. This trend makes it one of the best performing token sales this year. 

The idea of a meme coin index fund is inspired by Vanguard’s success. For over three decades, Vanguard has become a financial juggernaut with over $8 trillion in assets. Most of these funds are made up of mutual funds and exchange-traded funds that track either stocks or bonds.

Vantard hopes to create a fund made up of the top-performing meme coins in the industry. It is based on the view that meme coins do better than other traditional cryptocurrencies, especially during bull markets.

Some of the most notable performers were cryptocurrencies like Popcat, MICHI, Fwog, Gigachad, and Moo Deng. 

Vantard’s performance will also be influenced by the ongoing interest rate cuts by the Federal Reserve. Analysts expect the Fed to slash interest rates by 0.25% on Wednesday this week. It will also hint that it will deliver more cuts in the coming meetingss.

Bitcoin and meme coins like Vantard thrive when the Fed is cutting rates. You can learn more about Vantard and buy the VTARD token here.

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