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Dogecoin experienced a significant bullish momentum, with a 12.30% daily gain and a 21.5% increase over the week, closing at $0.3825. Founder Shibetoshi Nakamoto expressed excitement on social media and discussed the potential of using Dogecoin as a tipping currency, while also calling for a 500% price surge that could see it reach around $2.30. Analysis suggests this target is feasible, referencing past performance metrics.
In early January 2025, global law enforcement intensified efforts against cryptocurrency scams and AI deepfake fraud. Vietnamese police arrested four individuals linked to a crypto-mining scam that defrauded over 200 victims, while Hong Kong authorities apprehended 31 scammers using AI deepfakes to steal approximately $4.37 million from international victims.
A crypto strategist predicts a strong Q1 for Ethereum (ETH), forecasting it could reach a new all-time high of $5,300 by March, up from its current price of $3,646. The analyst also anticipates significant rallies for old altcoins and AI-focused projects, while suggesting that memecoins, particularly Floki (FLOKI), may see exceptional performance, potentially hitting $0.0005.
XRP is currently 83.4% away from surpassing Ethereum in market capitalization. Meanwhile, Shiba Inu (SHIB) has experienced a significant increase in large holder netflows, rising by 1,079%, indicating potential whale accumulation. As the community anticipates the TREAT token launch on January 14, SHIB's price has seen fluctuations, currently sitting at $0.0000237, with key support at $0.00002.
Solana's price is poised for a surge in 2025, potentially reaching $400, driven by optimism surrounding a spot ETF approval and recent market activity. Meanwhile, Ripple (XRP) faces competition from Remittix, a new PayFi solution enhancing cross-border transactions, which is gaining traction and could see a 5,000% increase in value. Analysts predict XRP may also benefit from a potential ETF approval by mid-2025, with expectations of its price hitting $10.
As Bitcoin's price shows bullish momentum, meme coins are gaining traction among investors seeking high returns. Notable coins like Pepe and Dogecoin have demonstrated strong technical breakouts, while new presales such as Wall Street Pepe and Solaxy are attracting significant interest, with potential for substantial growth.
A critical vulnerability in the Virtuals Protocol related to token pair creation on Uniswap V2 was discovered by security researcher Jinu, prompting a swift patch and plans for a bug bounty program to enhance security. The issue stemmed from a lack of validation in the Agent Token.sol contract, allowing potential exploitation of token pairings. In response, Virtuals Protocol implemented validation procedures and acknowledged Jinu's contribution while also addressing recent on-chain movements of its native VIRTUAL token, which has seen significant price increases.
Bitcoin has surged past $98,000, fueled by a significant net inflow into the Bitcoin spot ETF, raising hopes of reaching the $100,000 mark. Dogecoin follows with a 16% increase, driven by a massive purchase from crypto whales, while Fartcoin, an AI-themed meme coin, has skyrocketed by 70% over the past week.Etena Labs has gained attention with its 2025 roadmap and integration with Telegram, and Bioprotocol, a decentralized science project, recently launched its token on Binance. Other notable mentions include Sui, Mog Coin, Solana, and Shiba Inu, all reaching new highs.
Solana-based meme coin Fartcoin surged 70% to an all-time high of $1.60, with a remarkable 700% increase in just a month, reaching a market cap of $1.48 billion. Analysts suggest it could hit $2 if it breaks resistance at $1.67, although a potential pullback may occur due to overbought conditions.
Fartcoin, a Solana-based memecoin, has skyrocketed to a market cap of $1.6 billion in under three months, surpassing over 1,000 companies in the Russell 3000 Index. It has become the top gainer among the top 100 cryptocurrencies, ranking 77th with a remarkable 62% increase in the past week.
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