Kategorie: Crypto Analysis

• The crypto market shed 6.48% (roughly $240 billion) yesterday as Bitcoin’s fall from $101,000 to a daily low of $93,000 sparked $750 million in liquidations.
• Major cryptos have begun to recover, with some alts already logging double-digit price increases.
• Meanwhile, Bitcoin and Ethereum spot ETFs continue to log positive inflows.

Bitcoin bled in yesterday’s trading session, falling from a daily opening price of $101,151 to a low of $94,270 during the US afternoon session before closing higher at $97,314. With a market dominance above 56%, the largest crypto by market cap weighed on the entire market as major altcoins logged double-digit losses.

However, at the start of today’s US trading session, some major altcoins appear to have found support. Ethereum reached a daily low of $3,506 yesterday and is up 5% from that level as of writing, while Solana is up 6.9% from yesterday’s lows.

Is the selling over?

Bitcoin’s price pushed down to a support zone with an upper boundary of $97,463 and while most of the selling pressure appears to have abated, its price still hovers around the support as definitive initiative buy action is yet to occur.

Open Interest trended lower since yesterday as liquidations and taking profit led to more positions being closed. However, a tell-tale sign of a resumption in the uptrend would be mounting open interest combined with positive price action, indicating new positions being opened.

Ethereum’s price action is similar as the second largest cryptocurrency by market cap hovers around a support level awaiting either initiative buy action to push prices higher or sellers to push price lower.

Elsewhere, some altcoins have almost completely shaken off yesterday’s slump, logging double-digit daily gains as of writing. Mantra is a great example of this as its price has climbed 14.11% since yesterday’s close as of writing.

Spot crypto ETF inflows remain steady

Yesterday’s slump is not indicative of a wider bearish sentiment as inflows into US crypto spot ETFs remain positive. US spot Bitcoin ETFs recorded $2.77 billion in inflows last week and $483.60 million yesterday.

Ethereum ETFs followed a similar pattern, recording weekly inflows of $836.8 million and $149.80 million yesterday.

Bitcoin trades at $97,900 as at publishing while Ethereum trades at $3,600.

The post Price Analysis: Bitcoin Finds Support at the $93k Level appeared first on CoinJournal.

Crypto’s total market cap is at $3.67 trillion as extreme greed defines the sentiment in the market. Even with the current profit-taking mood, BTC’s rally past the psychologically crucial zone of $100,000 has sustained the bullish trend across the major coins and meme coins. 

Beyond the Bitcoin-led rallying, XRP’s increased use in cross-border transactions and Dogecoin’s online community have them set to reach the $3 and $5 mark respectively. Besides, there is a new entrant taking over the crypto space by storm. iDEGEN, which is leveraging on the power of AI and social media, offers investors an opportunity to profit from its virality.

XRP charges towards the $3 mark

In the just concluded week, Ripple price edged closer to its multi-year high of $3 as it traded in the green for five consecutive weeks. It has overtaken Solana and Tether to become the third largest crypto by means of market cap as seen on CoinMarketCap. Over the past 7 days, its price has been up by 34.8%. 

Notably, reports that President Donald Trump plans to shift regulatory powers from SEC to CFTC has boosted the crypto. These reports, coupled with the fading impact of SEC’s lawsuit on XRP have benefited the cryptocurrency. 

Besides, Ripple’s demand has continued to rise as it partners with various financial institutions for use in cross-border transactions. While it has since pulled back from its 7-year high, the bulls remain in control and are set to ride on these catalysts to the $3 mark.

iDEGEN’s immense potential lies in its uniqueness 

As AI agents steadily and aggressively take over the cryptocurrency space, one of the projects on savvy investors’ radar is iDEGEN. Indeed, its uniqueness has earned it a top spot on the list of meme coins to consider when building a profitable crypto portfolio in 2026. 

One of iDEGEN’s features that have captured investors’ attention is its unique approach to community engagement. While it has no guard rails, the AI agent posts on Crypto Twitter every 60 minutes. 

Through the power of artificial intelligence, it learns from every comment, tweet, or interaction availed to it by crypto degens. This means that social media is at the core of its development. It is this community that has birthed a huge buzz around the crypto project and a growing number of investors are keen on accumulating some tokens before its value skyrockets. 

Additionally, its unique, high-successful presale model has highlighted the project’s huge potential. As opposed to the usual static presales adopted by mostar crypto projects, iDEGEN has used the route of a dynamic auction. 

To attract more investors, the price of $IDGN tokens changes every 5 minutes depending on the market activity. If an investor buys some tokens within this time frame, the price stays unchanged during the next 5-minutes period. However, purchases in two two consecutive intervals prompts the price to surge by 5%. On the other hand, absence of a purchase within five minutes leads to a price decline of 5%. 

This unconventional approach has been very successful; raising over $3.26 million with more than 617 million $IDGN tokens being sold. As at the time of writing, the price stood at $0.00399. 

The auction, which was launched on 26th November 2024 is set to end in January 2025 before being listed on major cryptocurrency exchanges. As such, investors looking to jump onto this unique opportunity still have time to purchase some $IDGN tokens before it hits the public shelves.   You can buy the iDEGEN token here.

Dogecoin’s 3-year high in focus 

What began as a joke in 2013 has grown into one of the top ten cryptocurrencies with a market cap of $68.34 billion. Notably, it uses a simplified algorithm as rides on its popularity on social networks rather than the concept of scarcity. 

In fact, it has no supply limit; with an additional 10,000 coins mined per minutes. Even so, its online community, led by Elon Musk, has pushed its value up by about 260% since 2021 when its popularity soared. 

Over a span of one month, its price has risen by close to 150% with its price soaring from $0.29 to $0.46 as at the time of writing. As the meme coin continues to trade above the 20 and 50-day EMAs, the current bullish trend is set to continue with its three-year high of $0.50 in focus. 

 

  

 

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Ripple’s XRP increased remarkably in November 2024 with a price surge of 364%. This has fueled market optimism, with a growing number of investors turning bullish. 

But although XRP’s sudden surge is massive, there is a token that some analysts believe could deliver a 10x better return than XRP. Rexas Finance (RXS), a new cryptocurrency, has captured the spotlight – and the attention of many investors. This article will explore the three main factors driving XRP’s success alongside Rexas Finance’s potential to deliver 10x more than XRP.

Donald Trump’s Win and Hope for Friendlier Regulations 

The background factor that started Ripple’s rally was Donald Trump’s win in the U.S. election. Before the election, optimism had been building as the community hoped he would emerge victorious. Unlike President Joe Biden, Trump’s victory signifies the beginning of a crypto-friendly administration. Also, the Securities Exchange Commission (SEC) chair, Gary Gensler, has been long tagged as anti-crypto. After Trump’s win, he announced his retirement, sending waves of optimism in the crypto space. For Ripple, his exit will mean the hope of the Ripple-SEC case getting resolved or dismissed and crypto-friendly regulations. As a result, investors have been positive about Ripple’s future.

Whale Activity Drives the Surge

This positivity has driven whale activities as these large investors have accumulated large amounts of XRP. In the past few weeks, there has been a large trading volume of over 679.1 million XRP worth $1.66 billion. This buying spree has increased XRP’s price and attracted smaller investors. Ripple is a cryptocurrency with good prospects, and investors consider it a good long-term investment opportunity. Investors’ increased buying spree of XRP was the main cause of the 364% surge.

Ripple’s Stablecoin Launch

Ripple is developing a stablecoin that will launch soon. Ripple’s stablecoin is known as Ripple USD (RLUSD). Many investors are showing interest in the stablecoin, which also contributes to the rise of the XRP price. The moment Ripple Labs gets approval from New York’s financial regulator, the NYDFS it will launch its RLUSD stablecoin. RLUSD is created  to tackle the challenges in the stablecoin market, such as trust and regulatory compliance. With its promising prospects, many traders and investors have high expectations for the coin. 

Tokenizing Real-World Assets With Rexas

Rexas Finance (RXS) distinguishes itself by focusing on Real-World Asset (RWA) tokenization. Unlike Ripple, which specializes in cross-border payments, Rexas Finance enables users to tokenize assets like real estate, fine art, and intellectual property. This creates access to investments traditionally reserved for institutions, enhancing liquidity and global opportunities. By integrating blockchain, Rexas Finance makes asset management more inclusive and efficient. With industries increasingly adopting blockchain applications, RXS is positioned to penetrate untapped markets, offering a utility Ripple lacks.

Presale Momentum and Investor Returns

Rexas Finance’s presale performance underscores strong investor confidence. It is currently in the 9th stage and sold 298 million tokens at $0.125. Additionally, Rexas Finance incentivizes its community through initiatives like the Millionaire Giveaway, promising winners $50,000 worth of RXS tokens. Such strategies boost investors’ optimism, highlighting RXS’s profitability and a chance for it to yield massive returns 10x more than Ripple.  

Advancing Through Innovation

The Rexas Finance ecosystem offers advanced tools like the Rexas Token Builder and QuickMint Bot, which enable users to tokenize assets swiftly and securely. The QuickMint Bot, in particular, supports tokenization straight from your smartphone or computer. Rexas Finance also offers other tools, such as the Rexas AI Shield, which provides robust security for smart contracts, and the Rexas DeFi, its decentralized finance platform.This adaptability contrasts Ripple’s focus on payment solutions, demonstrating Rexas Finance’s potential to scale across diverse markets. As DeFi trends evolve, Rexas Finance’s emphasis on innovation and security positions it for long-term success.

Growth Projections: A 10X Increase Potential?

Rexas Finance has already gained visibility by listing on CoinGecko and CoinMarketCap, and it plans to debut on major exchanges by 2025 at an expected price of $0.20. Analysts forecast a potential surge in value that could be 10x more than Ripple’s return on investment. Rexas Finance appeals to investors seeking sustainable value over speculative returns, positioning it as a potential leader in the next crypto bull run.

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

The post 3 factors behind Ripple’s (XRP) 364% rally in November 2024, and 1 token that could deliver 10x more appeared first on CoinJournal.

The long-awaited altcoin season is here, and smart investors are looking for the next big chance to turn their portfolios. Rexas Finance (RXS), Dogecoin (DOGE), Bonk (BONK), and Pepe Coin (PEPE) are some of the standout tokens, according to a growing number of analysts. What appears more interesting is that all these tokens, not just RXS, have the potential to produce massive gains, with some forecasts suggesting the current market cycle could return an unprecedented 8000 percent on investment. Let’s look at why these four altcoins might deserve your attention.

Rexas Finance (RXS): The Future of Asset Tokenization

Rexas Finance is spearheading the development of world-class blockchain in real estate and commodities, such as fine art, by coming up with a platform for tokenization of these tangible assets. This opens up investment channels to a larger population that would have been previously unable to invest due to the high value of such assets. RXS is currently at $0.125 and is in stage 9 of its presale. The project has raised over $20.5 million, and over 291 million tokens have been sold throughout the presale period. Strong interest by investors in the token underscores the likely value of the token once listed in Tier-1 exchanges by the beginning of 2025. RXS will be available for purchase at $0.20 in mid-2025, providing investors with a guaranteed 2X return. Furthermore, there is potential for RXS to reach $5 or more in the long term.

Features Driving Growth

Rexas Finance has a well-integrated ecosystem supported by the following features:

• Rexas Estate: Transforms the real estate sector by making it possible to secure transactions and purchase ownership based on blockchain fractions.
• Rexas Launchpad: Provides new blockchain projects that can offer RXS holders investment securities offline.
• Rexas Token Builder: This makes asset tokenization simple and easy for businesses and individuals without technical knowledge.
• Rexas GenAI: Empowers its users with artificial intelligence to enhance processes and implement effective practices for NFT generation.
• Rexas Treasury: Delivers global usage of yield farming techniques, boosting profits from crypto deposits.

Credibility and Security

Rexas Finance has already achieved listings on CoinMarketCap and CoinGecko, increasing its recognition and credibility. The platform has also gone through a CertiK audit, securing its smart contracts and infrastructure.

$1 Million Giveaway

Rexas Finance is conducting a $1 million giveaway to boost the community and motivate early adopters. Twenty winners will be selected, each receiving RXS tokens worth $50,000 each. To participate, users must visit the Rexas Finance site and perform tasks such as following and sharing social media accounts and posts.

Steps to Purchase RXS

The process of buying RXS tokens is straightforward:

1. Create an ERC-20 compatible wallet, such as Trust Wallet or MetaMask.
2. Buy USDT or Ethereum (ETH) on any popular exchange and send it to your wallet.
3. Visit the official Rexas Finance website, log in to your wallet, and perform a transaction to obtain your tokens.

Dogecoin (DOGE): The Original Meme Coin

Continuously garnering the community’s support, Dogecoin’s price currently sits at $0.4233, with a market cap of $62.23 billion as of writing. Day traders are treating DOGE as a currency rather than a meme. Supported by celebrities and gaining more acceptance for payment purposes, DOGE remains appealing to investors. Analysts believe its growing utility in payments and the community could drive significant growth in the next bull run.

Bonk (BONK): The Meme Coin of Solana

Bonk is becoming the first defining meme coin of the Solana ecosystem. Currently priced at $0.00004599, with a total market cap of $3.46 billion, BONK benefits from Solana’s fast and low-cost transactions. With Bonk, adoption and visibility are expected to increase as Solana’s ecosystem expands. Its community-driven nature and low entry point make it an attractive prospect during altcoin season. In recent months, it has shown impressive movement and growth.

Pepe Coin (PEPE): Viral Growth Potential

Pepe Coin, priced at $0.000002042 and with a market cap of $6.59 billion as of writing, stands out among meme coins. Its virality has made it popular among speculative investors.

Though it heavily depends on market sentiment, trading volume, and interest have put PEPE in a position to potentially deliver significant gains in the next bull run.

Conclusion

With altcoin season in full swing, Rexas Finance, Dogecoin, Bonk, and Pepe Coin are the top tokens to buy. While DOGE and Bonk offer the thrill of meme coins, and PEPE capitalizes on virality, Rexas Finance stands out with its innovative tokenization of real-world assets, a robust ecosystem, and strong presale metrics.For investors looking to capitalize on crypto’s next growth phase, Rexas Finance presents a revolutionary opportunity. Visit the Rexas Finance website to join the presale and position yourself for what could be a life-changing investment.

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

The post Altcoin season: 4 tokens to buy now as some analysts believe they could pump 8000 percent appeared first on CoinJournal.

Bitcoin Price Holds Steady Amid a Probable US Selloff 

BTC/USD has been trading steadily above $90,000 for two weeks now; missing the all-important mark of $100,000 by less than 5 dollars on 22nd November. Even with the range-bound trading, the bullish trend persists. In fact, according to CoinMarketCap, greed continues to define the crypto market space. This week, the index is at an extreme greed level of 80 compared to last month’s neutral of 55. 

Even with the bullish trend, investors appear to be somewhat cautious. Bitcoin price has dropped by over 2% since the start of the weekend. 

As highlighted on sosovalue, BTC ETFs had daily net inflows of $353 million as of 2nd December. Of this number, BlackRock contributed $338 million with Grayscale and VanEck recording outflows of $28 million and $10 million respectively. 

The caution has further been heightened by the US government’s move to transfer Bitcoin worth $1.92 billion to a new address. While the intention is unclear, there are speculations over a possible selloff. In the recent past, countries like Bhutan and Germany have made huge selloffs of their BTC holdings. 

iDEGEN: The Viral AI Experiment Garners Over 100,000% in Gains Ahead of its Launch

In recent years, cat and dog-themed meme coins have redefined the crypto space. While they are still a crucial part of the market, there is a new widely-hyped entrant; AI meme coins. 

At the center of this buzz is iDEGEN, an advanced AI agent born on X and shaped by the cryptocurrency community. So intense is its hype that its auction has already raised over $1 million and yielded gains of over 100800% to the early adopters. Interestingly, it is still at the experiment stage.

As opposed to the usual presale, iDEGEN has chosen a different path; a dynamic auction. To start with, the total IDGN tokens are 11,111,111,111 with the auction being divided into 5-minute intervals.This means that every time there are consecutive buys within a span of 5 minutes, its price rises by 5%. If no bid is placed within two 5-minute periods, the price drops by 5%. 

At the end of the auction, IDGN launching price will be 10% higher than the final price at the auction. At that point, all unsold tokens will be destroyed.  

In addition to this pricing-based excitement, its freeness has further contributed to iDEGEN going viral. Unlike centralized companies like OpenAI, iDEGEN has no guard rails. In fact, the only applicable rule for this AI agent is that it has to post on Crypto Twitter(CT) after every 60 minutes. Between one post and the next, it internalizes the information availed to it by the crypto degens.

This is exactly what the savvy investors are banking on; securing some IDGN tokens before its value skyrockets. Different groups within the CT space will strive to control this AI agent. This push and pull is bound to intestify its virality with the investors being the ultimate beneficiaries. 

Besides, the program’s unconstrained nature means that it can evolve in different ways. This includes trading the existing assets or even creating its own. With this infinite potential, the market’s focus is set to remain on iDEGEN for a long time. You can buy the iDEGEN token here.

HBAR’s Surges to a 35-Month High Amid Heightened FOMO

Hedera Hashgraph (HBAR) has been trading in the green for five consecutive weeks, hitting a level last recorded in January 2022 on 3rd December. Over the span of those five weeks, the crypto has been up by more than 700%. 

As at the time of writing, its market cap stood at $12.49 billion, up by 17%. Besides, its trading volumes were up by 61% over the past 24 hours at $7.55 billion.

The hype around this token has more traders fearing to miss out on a profitable opportunity. As a result, an increasing number of investors are accumulating the HBAR tokens. In fact, 

 

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