Kategorie: Crypto News

Daily crypto headlines and news about bitcoin, ether, ripple, solana, altcoins, nft, market, business, analysis, nft, metaverse, minting and mining.
Veröffentlicht am

2 altcoins to avoid in 2025 and 2 to buy like there’s no tomorrow

While the cryptocurrency market continues to grow, traders must be able to differentiate promising assets in a market of high risk, high reward. Some altcoins are ripe for growth, while others just don’t have the fundamentals for long term value. In this article, we reviewed two cryptocurrencies we think no investor needs to have in their portfolio by 2025, and two others that we believe traders should consider for portfolio diversification.

Cryptocurrencies to Avoid in 2025

Shiba Inu ($SHIB): Meme Appeal, Limited Value

Shiba Inu rose to flourish through meme culture and community driven hype. While it was successful at first, the token faces the challenge of a lack of practical real-world uses. However, as it depends on market sentiment, this choice runs the risk of being a bad one for long term investors.

Not having significant utility and relying so heavily on speculative trading, the token’s price may stall out. Since the market is maturing, traders may move to more concrete applications of projects and $SHIB might suffer from steep declines. Shiba Inu may not stay interesting as a viable option for investment by 2025.

BitTorrent (BTT): Overcrowded Market, Limited Differentiation

The decentralized data-sharing sector that BitTorrent operates in is a very competitive and mature industry: its growth has slowed due to surges in use, while its fundraising has been subject to easy audits and high profile criticism.

Other than that, there’s really not a lot else, and the platform finds itself in a struggle to differentiate itself from others. It provides this lack of innovation challenges to its long term growth. BitTorrent’s strong competition within the sector could reduce market performance, and thus return, for investors. Despite limited adoption and decreasing interest, BTT could turn out to be an ill performing asset. Therefore, traders should think to steer from this cryptocurrency in the years to come.

Cryptocurrencies to Buy Like There’s No Tomorrow

Rexas Finance (RXS): Innovation Meets Real-World Utility

By seamlessly combining blockchain technology with typical financial systems, Rexas Finance is redefining asset tokenisation. The project has made quite an announcement that has been taken very seriously, as it is continuing to move through its presale phases at a rapid pace while delivering impressive market demand. Its growth potential is highlighted by a growing number of analysts, some of whom say it could climb by 3,500% in value.

Rexas Finance’s initial tokenomic design focuses on providing long term scalability and liquidity to support stability with incentive to early investors. There will be structured allocation of the tokens below: 42.5% will go to presale, 22.5% will be used for staking rewards, and 15% will be assigned for liquidity. Also, thanks to the Certik audit and over 463,820 community engagement, the project is certainly credible and really on the road. Real world asset Tokenization becomes the consequent focus for the platform that serves as a transformative force in the blockchain industry. Rexas Finance is a compelling investment to traders who wish to reach their financial milestones by 2025 owing to its innovative approach, strong fundamentals.

XRP: Functional and Established Value

For the most part, XRP is the cryptocurrency behind RippleNet that speeds up cross border transactions with lower fee and quick settlements. Its practical applications have drawn banking partners around the globe thus enhancing its adoption of its value proposition. Its appeal stems partly from a token’s scarcity model, and a portion of XRP is burned every transaction. Ripple’s use of escrow to hold an appreciable quantum of XRP supply stabilizes conditions on the market side. With the adoption growing, XRP is a real tough competition as an option for traders looking to earn reliable returns.

Conclusion

In a volatile crypto market, you need to make an informed decision. By 2025, Shiba Inu and BitTorrent, which have such little utility, and exacerbate competition issues, pose real portfolio risks. However, Rexas Finance and XRP present themselves with their unique ideas and solid fundamentals. In particular, Rexas Finance possesses truly unmatched growth opportunities thanks to its asset tokenization model and structured tokenomics. If you want to invest on the changing face of crypto, investing in XRP and Rexas Finance can be your best bet to become rich.

Website: https://rexas.com

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

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

Telegram: https://t.me/rexasfinance

 

The post 2 altcoins to avoid in 2025 and 2 to buy like there’s no tomorrow appeared first on CoinJournal.

Veröffentlicht am

XRP price pattern signal a fall below $2 but this altcoin could yield 5x gains in 2025

  • Despite rising by over 250% in 2024, XRP price could test $1.96 as 2025 starts.
  • Eyes are on the outcome of the US SEC appeal.
  • Amid the XRP price uncertainties, iDEGEN has emerged as a possible alternative investment.

XRP price analysis suggests a potential decline below the $2 mark as 2024 comes to a close, despite its impressive gains throughout the year.

However, amidst this uncertainty, iDEGEN emerges as a promising alternative for investors eyeing significant returns. With its innovative AI-driven model and dynamic presale strategy, iDEGEN could be on track for substantial growth, potentially offering up to 5x gains by 2025.

A possible 25% XRP price pullback

Ripple (XRP) has been on a rollercoaster this year. Its price has surged over 250% since the start of 2024, reaching above the $2 threshold for the first time since 2018.

Technical analysis and market sentiment hint at a possible correction with the current chart patterns showing signs of exhaustion after such a rapid ascent, with resistance levels at $2.25 and $2.30 proving tough to break through.

Currently trading at $2.06, analysts have noted a possible 25% pullback in early 2025, which could see XRP dropping back towards $1.96 or lower if it fails to hold above $2.

The Relative Strength Index (RSI) for XRP currently sits at around 46, leaning towards a bearish correction if the momentum doesn’t pick up.

Also, there is significant whale activity, with large holders accumulating around 80 million XRP since mid-December, indicating some confidence in long-term holding. However, this doesn’t negate the immediate bearish outlook, especially with the market reacting to broader economic cues and regulatory news.

Eyes are on the ongoing SEC appeal, which, depending on the outcome, could either bolster or hinder XRP’s price. The community is optimistic as Donald Trump’s administration assumes office in January 2025.

iDEGEN emerges as a beacon for high returns

In contrast to XRP’s uncertain trajectory, iDEGEN presents an intriguing investment opportunity. Launched on November 26, 2024, iDEGEN has already raised over $10.6 million during its ongoing presale, with more than 1.131 billion tokens sold.

The project’s dynamic pricing mechanism, which adjusts every five minutes based on market activity, has attracted traders who favour volatility. It creates a unique trading environment where prices can rapidly increase or decrease by 5% based on purchase frequency or lack thereof. This model not only keeps the market active but is also potentially lucrative for those who can time their investments well.

iDEGEN’s integration of AI for community interaction adds another layer of innovation. By adapting based on feedback from the community on X, iDEGEN positions itself not just as a meme coin but as a project with genuine community engagement at its core. This approach could lead to more organic growth and loyalty among holders.

The expected listing price of iDEGEN is set to be 10% higher than the final presale price, providing an immediate profit margin for early investors. Given the current momentum and the project’s unique selling points, there’s speculation that iDEGEN could see 5x gains by the end of January 2025, especially if it capitalizes on the market’s shift away from traditional cryptocurrencies like XRP amidst regulatory challenges and market corrections.

The post XRP price pattern signal a fall below $2 but this altcoin could yield 5x gains in 2025 appeared first on CoinJournal.

Veröffentlicht am

Saylor posts MicroStrategy’s BTC tracker: Another Buy?

  • Michael Saylor, founder of MicroStrategy, has shared the company’s Bitcoin tracker on X.
  • The market expects an annoncement that the company has acquired another chunk of BTC.
  • Bitcoin price hovered near $94,800 at the time of Saylor’s post on Dec. 29

MicroStrategy founder Michael Saylor has posted the company’s Bitcoin (BTC) tracker chart on X again.

In recent months, every such post has been followed by an announcement that the world’s largest corporate holder of the flagship digital asset had acquired another haul.

Industry experts and observers have been quick to point out that MicroStrategy is about to announce another major BTC purchase.

Noticeably, MicroStrategy has acquired additional BTC for billions of dollars in recent months, with these following such hints. The company announced it bought 27,200 BTC worth $2.03 billion on Nov. 10; another 51,780 BTC worth $4.5 billion on Nov. 17 and $5.32 billion for 55,500 BTC on Nov. 24.  The company’s buying spree also saw it add 15,350 bitcoins in mid-December.

MicroStrategy so far holds 444,262 BTC

Most recently, MicroStrategy acquired 5,262 BTC for $561 million, with the acquisition announced on Dec. 23 indicating the company bought at the average purchase price of $106,662 per bitcoin. This brought the total  BTC holdings as of Dec. 22, 2024 to 444,262 BTC, which MicroStrategy has cumulatively acquired for roughly $27.7 billion since 2020.

The average purchase price of this entire haul, its dollar cost averaging, stood at $62,257 per bitcoin at the time of writing. Per Saylor portfolio tracker, the company’s holdings stand at $42.16 billion with Bitcoin price hovering near $94,780. Overall profit is over $14.5 billion.

Here’s Saylor’s latest post on X:

Bitcoin traded above $94k on Dec. 29, holding above the level after bears rejected bulls’ advances near the $100k level. Earlier this month, bulls recovered from lows of $92k – having suffered the massive slump from above the all-time high of $108k.

While BTC price has not skyrocketed amid recent MicroStrategy buys, the market is extremely bullish amid the combination of the buy pressure, spot ETFs demand and other positive catalysts. Analysts say it could rally to $150k-$200k in 2025.

The post Saylor posts MicroStrategy’s BTC tracker: Another Buy? appeared first on CoinJournal.

Veröffentlicht am

THETA surges 10% as AI tokens rally

  • Theta Network, the decentralized cloud platform for artificial intelligence, media and entertainment, is among the top trending projects today in terms of market performance.
  • Analysts predict bullish potential for THETA price, with support expected around $1.8

Data from CoinGecko shows the native Theta Network (THETA) token has surged by more than 10% in the past 24 hours at the time of writing.

Theta‘s price gains on the day come as the broader AI sector records upward momentum. In the past day, several AI-powered projects and meme coins have increased in value as bulls target new forays ahead of a potentially defining few months.

NEAR Protocol (NEAR), Internet Computer (ICP), RENDER (RENDER), Artificial Superintelligence (FET) and Virtuals Protocol (VIRTUAL) were all in the green over the past 24 hours and week. These gains have also seen tokens such as ai16z, aixbt and Fartcoin rally, with the AI meme sector recording even higher returns in the same period as the AI agent market heats up.

What next for Theta Network price?

THETA reached highs of $2.41, retesting the resistance level seen on Dec. 24 and 25. However, the chart pattern formation to watch out for is an ascending triangle. A breakout could see Theta Network price rally nearly 50%, Rose Premium Signals recently shared via X.

If price flips negative, key support levels would be around $2.16 and below that, $1.8. Notably, THETA broke to lows of $1.76 on Dec. 20.

Decentralized cloud AI project Theta is seeing buying pressure amid this overall positive sentiment.Theta Network’s key partnerships and integrations, including recent deals with the University of Oregon’s Distopia Lab and esports platform FlyQuest, are likely catalysts.

In October this year, Dystopia Lab announced it would leverage Theta EdgeCloud in its AI research, specifically in its AI model training. Meanwhile, FlyQuest said it was teaming up with Theta to unveil an AI esports chatbot.

The post THETA surges 10% as AI tokens rally appeared first on CoinJournal.

Veröffentlicht am

VERUM hits new all-time high amid 70% spike

  • VERUM price jumped more than 70% to hit a new all-time high above $3,163.
  • The cryptocurrency’s value has increased amid key wallet integrations.

Verum Coin (VERUM) outperformed the top 500 cryptocurrencies by market cap in the past 24 hours as its price jumped 70% to hit a new all-time high.

The altcoin’s price rose as the broader market experienced a slow Christmas week, with Bitcoin remaining ranged below $95k and Ethereum, XRP and Solana all retesting key levels.

Gains push VERUM price to new high

On Dec. 29, VERUM price hit a new all-time high above $3,163 – a new ATH that meant the token’s value traded at levels over 2,200% higher than its all-time low of $131 reached in June 2024.

Verum Coin had initially plummeted from highs above $2,200 early this month and stagnated around $1,150 over the past week as BTC retraced further after paring gains from the parabolic surge to above $108k.

With the latest moves, VERUM has surged more than 179% in the past week. The current price is $1,723% up over the coin’s value at the same time in the past year.

Why is Verum Coin price up?

Verum Coin has gained amid two major wallet support integrations – likely fueling the upside momentum.

The cryptocurrency revealed Binance Wallet had added support for the token in late November. The Halo Wallet also added Verum Coin (VERUM) this month, with users getting another option to securely store and manage their coins as they explore the crypto space.

Within the Verum Coin ecosystem, the native token serves various purposes.

This includes payments for premium features, tips,  private transactions, and in-game purchases. Users also benefit from rewards, with players of the Verum Runner game able to earn V coins and convert them to VERUM and fiat currency.

The coin has a market cap of over $292 million and has recorded a daily trading volume of over $224k in the past 24 hours.

The post VERUM hits new all-time high amid 70% spike appeared first on CoinJournal.