Nov 12
🐶📈 Regardless of your take on meme coins, it has been impossible to ignore the ascension of crypto's top meme coin. In the past 4 weeks, there have been 74,885 more wallets holding less than 100K DOGE.
Meanwhile, shark and whale wallets are declining during this time, with a net drop of -350 in this same timeframe. Though 108 have returned in the past couple days to help spark this latest rally over $0.40 for the first in three and a half years.
Ideally, we want to see retail and key stakeholders accumulating speculative-driven coins like DOGE together. The next few days will be telling for sharks and whales to keep this momentum alive. 👀
Nov 11
🧐 Bitcoin's rise (now $87.1K) has been so rapid that traders are now speculating how quickly we see a $100K market value. Though this price was beyond comprehension just 2-3 months ago, the community has quickly changed its tune after a +70% surge since the August 5th crash.
📈 Now reaching an all-time high of $87.4K, Bitcoin is seeing a massive spike in profit taking transactions as traders attempt to sell at the top. Meanwhile, funding rates on Binance and Bitmex indicate aggressive margin and leverage longs looking to capitalize on further rises.
🥳 The crypto community is celebrating Bitcoin's new all-time high, scraping $85K about 20 minutes ago. In the past year, whale & shark wallets with at least 10 BTC have accumulated a total of 234.15K (now worth $19.76B).
Cryptocurrency's ascension can largely be attributed to the continued confidence and accumulation from these large key stakeholders. However, the crowd's consistent FUD, capitulation, and inconsistent faith in crypto (allowing whales to buy cheap) has also contributed to this historic run.
Currently, euphoria is high (though not nearly at the levels of mid-March when Bitcoin was in its previous all-time high cycle). Expect that prices can climb as long as whales continue buying more and the retail crowd keeps selling them their cheap coins during small dips.
Nov 10
📈 Ethereum, currently sitting at $3.12K, is finally showing the growth that helped it climb to the #2 ranked market cap asset in crypto, largely staying in this position throughout the past 8 years.
Whale transaction data indicates a major spike in key stakeholder activity. These addresses played a major part in helping it reach a 14-week high. ETH transaction volume has also climbed as high as $10.4B in recent days.
Expect any growth from Bitcoin, during this bull run, to see profits redistribute into Ethereum and potentially push it toward its own all-time high while its network activity looks very healthy. 👍
Nov 9
📺 Catch our freshly released recap of all this week's historic crypto market performance. We dive into the Trump effect, the FOMC's decision, and which altcoins are seeing the biggest spike in network activity. Enjoy!
Nov 8
📊 Bitcoin's ascension to $77K has rapidly changed the social narrative. When the crowd has gotten to eager about $80K+ BTC, we've seen prices retrace. Use the crowd's FOMO and FUD following an all-time high to your advantage with this updating chart!
#Ethereum ($ETH) is seeing strong bullish sentiment across social media, driven by: 🔹Price Predictions: Targets for ETH range from $3,000 to $10,000+, with optimism fueled by historical trends and anticipation of a breakout.
🔹Institutional Interest: Inflows into Ethereum ETFs signal growing interest from large investors, especially with favorable macro conditions.
🔹Pectra Upgrade: Set for Q1 2025, this upgrade will introduce key EIPs, potentially boosting ETH’s value.
🔹Market Dynamics: As Bitcoin’s dominance falls, ETH and other altcoins gain traction, indicating a shift toward altcoin investment.
🔹Whale Activity: Significant transactions show confidence, as whales position for future gains.
🔹Community Enthusiasm: Engaged ETH supporters express optimism, with phrases like "send ETH to $4k."
🔹Overall, price forecasts, institutional backing, tech upgrades, market conditions, and community support fuel a strong bullish outlook for Ethereum.
🚀 Cardano has been one of the notable surprise altcoins taking flight during this crypto-wide pump. Now up over +25% in the past 3 days, we may be seeing some retail FOMO coming soon. This has been a long time coming for the patient ADA community.