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Bitcoin's price surged over 40% in 30 days but has since seen a decline of about 3%. Historically, after such rallies, a consolidation phase follows, with an ideal re-entry range between 10% and 20% below recent peaks. Currently, a consolidation between $90,000 and $95,000 could set the stage for a potential rally in 2025.
The Pi Network has delayed its Open Network launch to Q1 2025, raising concerns about its feasibility and eroding community trust. Users report migration issues, including inaccessible funds and wallet discrepancies, leading to allegations of scams and a lack of transparency. Meanwhile, the PI coin price fluctuated around $50, facing resistance levels that could impact future trading.
Justin Sun, founder of Tron (TRX), has dismissed rumors that he sold all of his Ethereum (ETH), stating they are unfounded. He clarified that the recent movement of funds was simply a transfer between wallets and expressed a long-term positive outlook on the Ethereum ecosystem.
Ether has risen over 3% in the last 24 hours, nearing $3,500, while Bitcoin lags behind with a 1% decline. The iDEGEN pre-market auction has surpassed $8.5 million, selling nearly 1.1 billion tokens, as the project aims to merge AI with the memecoin ecosystem. With strong altcoin recovery signals, iDEGEN could emerge as a top performer in the upcoming altcoin season.
Dogecoin has recently shown a bullish signal on its daily chart, indicating a potential parabolic run ahead. Currently trading at approximately $0.32065, the meme coin has experienced a 20% decline over the past week, but a buy signal from the TD Sequential indicator suggests a possible rebound. Analyst Ali Martinez noted that if DOGE mirrors its past price actions from 2017 and 2021, it could see a staggering 5,000% increase, potentially reaching $18.
The Binance AI survey for 2025 highlights significant advancements in blockchain technology, with Solana (SOL) and NEAR Protocol gaining traction. Solana's unmatched speed and low costs make it a preferred choice for decentralized applications, while NEAR's integration with MetaMask enhances its appeal for developers. IntelMarkets is projected to reach a $5 billion market cap, offering innovative trading tools and a dual-chain architecture that caters to both novice and experienced traders.
Aave's price surged 18.05% to $379 following a proposal to integrate Chainlink's Smart Value Recapture (SVR) oracle, aimed at redirecting profits from Maximum Extractable Value (MEV) to benefit DeFi protocols and users. This integration could enhance Aave's ecosystem, with its market cap reaching $5.7 billion and a 65% increase in trading volume to $1.45 billion.
Pepe Buldak ($BUL), inspired by the Korean spicy chicken dish, has raised over $2 million in presale, merging meme culture with Korean cuisine. The project features an "Open Franchise" model, allowing users to stake tokens for franchise operations, while promoting Korean culture globally through innovative Web3 solutions. With a deflationary tokenomics model and completed smart contract audits, Pepe Buldak aims to establish itself as a leading K-meme initiative in the growing market.
Chainlink has introduced a new oracle solution called Smart Value Recapture (SVR) to help DeFi applications recapture non-toxic Maximal Extractable Value (MEV) during liquidations, aiming to reclaim about 40% of lost value. In partnership with Aave, the initial split will favor DeFi protocols at 65% for the first six months. Following the announcement, LINK surged 9%, while AAVE experienced a 15% increase, marking significant price movements in the DeFi sector.
Pepe Buldak ($BUL), inspired by the Korean spicy chicken dish, has raised over $2 million in presale, merging meme culture with Korean cuisine. Its innovative "Open Franchise" model allows users to stake tokens for franchise operations, promoting cultural elements globally while employing a deflationary tokenomics strategy. The project aims to establish itself as a leading K-meme initiative in the growing meme coin market.
Cryptocurrency Trends
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bitcoin consolidation suggests potential rally ahead of 2025
09:56 24.12.2024
pi network delays mainnet launch to 2025 amid user migration issues
09:33 24.12.2024
justin sun denies ethereum sale rumors confirms wallet transfer only
09:25 24.12.2024
ether nears 3500 as altcoins recover and idegen presale exceeds 8 million
09:05 24.12.2024
Dogecoin signals potential for parabolic run amid market pullback
09:01 24.12.2024
blockchain innovations set to thrive in 2025 with solana nears and intelmarkets
09:00 24.12.2024
Aave surges 18 percent following Chainlink SVR integration proposal
08:46 24.12.2024
Pepe Buldak Meme Coin Raises Over 2 Million in Global Presale
08:10 24.12.2024
Chainlink launches MEV recapture solution boosting LINK and Aave prices
08:04 24.12.2024
Pepe Buldak Meme Coin Raises Over Two Million in Global Presale
08:02 24.12.2024
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