The post 7 Top Cryptocurrency Coins To Invest In For 2024 That Holders Could See Explode appeared first on Coinpedia Fintech News Cryptocurrency investing has become an extremely profitable activity for investors who can pick the right coins. However, with over 10,000 token in existence and more launching each day, it can be challenging to identify the top crypto performers. This article will highlight seven promising cryptocurrencies investors may wish to buy and hold through 2024. 1. Meme Kombat (MK) One of the top crypto coins that could explode in 2024 is Meme Kombat (MK), a gaming platform built on the Ethereum blockchain. Meme Kombat’s main feature is a battle arena where users can watch AI-powered fights between meme characters and bet on their outcomes. Prizes are paid out in MK, Meme Kombat’s native ERC-20 token, which can also be staked to earn high yields. Due to its meme coin branding and unique features, Meme Kombat has attracted massive attention in its presale and raised over $2.2 million. Early investors can buy MK tokens through the presale for $0.214 before their DEX launch in January. 2. Bitcoin ETF Token (BTCETF) Next is Bitcoin ETF Token (BTCETF), designed to speculate on the potential market impacts of a spot BTC ETF being launched in the US. Due to the seismic nature of a spot ETF launch, many early backers believe the BTCETF price could soar – especially given its unique tokenomics setup. Every time an ETF approval milestone is reached, such as an official launch date, 5% of the total BTCETF supply will be burned. In addition, a 5% transaction tax will be implemented on BTCETF transfers, further reducing the total supply over time and potentially enhancing value. Although not yet available on exchanges, would-be investors can buy BTCETF tokens for $0.006 ahead of its IEO through the presale at btcetftoken.com. 3. TG.Casino (TGC) TG.Casino (TGC) is a top crypto casino integrated directly into the Telegram app, allowing users to play casino games and bet on sports markets anonymously. Offering fast deposits/withdrawals and boasting a gaming license from Gaming Curacao, TG.Casino seeks to set itself apart from other projects in the GambleFi space. The casino’s native token, TGC, can be staked to earn impressive yields and is also part of a buyback-and-burn mechanism designed to reduce the total supply. TG.Casino users who gamble using TGC will even receive 25% cashback on their losses. The TGC presale has already raised over $3.1 million in funding, with early investors able to buy TGC tokens at the discounted price of $0.17. 4. Bitcoin Minetrix (BTCMTX) Bitcoin Minetrix (BTCMTX) is another cryptocurrency that could explode in 2024 due to its unique Stake-to-Mine feature. This feature allows users to stake BTCMTX, the ecosystem’s native token, to earn cloud mining credits. These credits can then be burned to earn mining power – used to mine Bitcoin virtually and earn recurring rewards. Users can also stake their BTCMTX tokens to earn yields of 132% per year, thereby creating a dual-earning approach that could prove fruitful over the long term. Like the three projects mentioned previously, Bitcoin Minetrix is still in its presale phase, yet interested investors can buy BTCMTX tokens during the current stage for  5. Solana (SOL) Solana (SOL) is already a top crypto that investors may wish to watch in 2024 due to its potential in the blockchain space, and deep correction from its all-time high ($260 in Nov 2021, now $60 as of late 2023). Boasting fast transaction speeds, low fees, and immense scalability, Solana has become the go-to blockchain for many DApp developers. Additionally, Solana has obtained partnerships with companies like Visa, helping boost credibility and adoption. If integration and innovation continue at their current rate, Solana could be poised to compete with Ethereum next year – which might be great news for the SOL price. 6. Immutable (IMX) Investors seeking a top crypto project may also wish to consider investing in Immutable (IMX), given that it acts as a layer-2 scaling solution for NFTs. Immutable offers benefits like instant trade confirmation, zero gas fees, and carbon-neutral minting. Moreover, Immutable has forged partnerships with the likes of GameStop, helping boost its visibility and create new use cases. With the IMX token now listed on an array of Tier-1 exchanges, there’s a chance it could continue growing in 2024 as layer-2 solutions become more widely used. 7. Celestia (TIA) Lastly, Celestia (TIA) is a modular blockchain network that addresses scalability issues by decoupling execution from consensus. This approach is designed to help Celestia solve the scalability issues facing major chains like Ethereum. Using Celestia, developers can build custom blockchains themselves while benefiting from the security of the main consensus layer. In Q4 2023 TIA has already ranked among the top trending crypto projects, thanks to its recent Coinbase listing. As more developers use Celestia to build, there’s likely to be increased demand for the native TIA token – which could see it explode in 2024. 

XRP chart suggests a rare pattern hinting at potential price surges. The anticipated scenarios point to XRP price reaching $10 or soaring to $50. Some consider $27 stability amid speculative market dynamics. In the dynamic world of crypto, analysts are turning their attention to XRP’s historical candlestick formations, predicting a potential price surge. Notably, the upcoming 17 hours could mark the completion of a rare sequence—three consecutive monthly Green Candles. #XRP's 3 Candle Formation: $10 or Soar to $50? Exploring candle formations offers profound insights into how prices move. #XRP's historical data highlights a fascinating trend: just twice has there been a sequence of 3 consecutive monthly Green Candles. Get ready—within the… pic.twitter.com/TcKVbR2pWo — EGRAG CRYPTO (@egragcrypto) November 30, 2023 With historical data as a guide, the analysis points to two possible scenarios emerging. In detail, the first talks about a 5 month consolidation. In this scenario, past instances show a 1500% surge after a 5-month consolidation. This suggests a potential climb to $10 by April 1, 2024, from the current XRP price. Similarly, the second scenario talks about a 12 month consolidation. Here, the 12-month consolidation preceded an 8000% spike, pointing to a remarkable possibility of XRP skyrocketing to $50 by November 1, 2024. Therefore, XRP enthusiasts, often referred to as the XRP Army, are encouraged to stay steady as the average of these scenarios lands at $30. The anticipation is palpable, more so one response talks about how $27 will likely become the stable price for future rebounds. Considering the highest candle close at $2.8, a 10x leap places XRP at $28. However, the speculative nature of the market introduces risks, with an 80-85% decline possible if utility fails to initiate. On the flip side, if utility gains traction, these prices could become a distant memory. Reflecting on investment strategies, the post prompts readers to consider the stability of $27 as a potential rebound point. The analogy of purchasing Tesla or Amazon at $5 is presented, urging investors to envision the possibilities if utility takes hold in the XRP market.  Disclaimer: The message of making a profit in this article simply reflects the view of one analyst and does not guarantee a profit. Traders are advised to always do their own research before committing to making any financial trades. This article reflects the interpretation of the writer based on the source material of the story and does not reflect the views of CryptoNewsLand. Read Also Bitcoin Price Analysis: What’s Next for BTC in the Next 14 Days? The $10,000+ XRP Scenario: More Than Just a Dream? ETH Shows Mixed Signals During Consolidation XRP’s Potential Soars: Analyst Envisions Nearly $250 Scenario Why Solana and Chainlink’s Trading Patterns are Turning Heads in the Crypto World The post XRP’s Candlestick Analysis: Potential $10 or Soaring to $50 in the Charts appeared first on Crypto News Land.

📈 Bitcoin and Ethereum remain resilient amid news of Binance's $4.3 billion fine settlement, according to K33 Research. Despite challenges, Binance is expected to maintain its position as the largest exchange. 🚀 #CryptoResilience #Bitcoinmarket #EthereumHigh

🚨🚨Top 5 Free Crypto Tools 🚨🚨 There are five free cryptocurrency tools that can be valuable for various purposes, from market analysis to portfolio management: CoinMarketCap: Website: CoinMarketCap Purpose: CoinMarketCap is a widely used platform that provides real-time data on cryptocurrency prices, market capitalization, trading volume, and other relevant metrics. It offers a comprehensive overview of the entire cryptocurrency market. TradingView: Website: TradingView Purpose: TradingView is a versatile charting platform that allows users to analyze and visualize cryptocurrency price movements using a variety of technical indicators. It also provides a social aspect where users can share trading ideas and strategies. CoinGecko: Website: CoinGecko Purpose: CoinGecko is a cryptocurrency data aggregator that provides comprehensive information about cryptocurrencies, including price, trading volume, market capitalization, and fundamental data. It also offers additional metrics such as developer activity and community engagement. CryptoCompare: Website: CryptoCompare Purpose: CryptoCompare offers a range of tools for tracking cryptocurrency prices, historical data, and market trends. It provides in-depth information on various coins and exchanges, making it useful for both beginners and experienced traders. Delta - Cryptocurrency & Bitcoin Portfolio Tracker: Website: Delta Purpose: Delta is a portfolio tracking app that allows users to monitor their cryptocurrency holdings in real-time. It supports a wide range of cryptocurrencies and provides features such as price alerts, news tracking, and portfolio performance analysis. These tools offer a combination of market data, charting capabilities, and portfolio management features, catering to different needs within the cryptocurrency space. Remember that while these tools are free to use, it's important to exercise caution and conduct additional research before making any investment decisions. #ETH #Tools&Analysis #tool #btcnews99 #BTC

Fintech giant SoFi Technologies has decided to part ways with the crypto sector after regulatory pressures started escalating in the United States. California-based company, revealed its plan to shut its crypto services on December 19. This follows a series of setbacks, including the notable collapse of FTX led by Sam Bankman-Fried and is a significant shift in the sector. SoFi’s decision to withdraw from the crypto market is a strategic pivot amid the challenges facing the industry Industry analysts Eligible SoFi customers have been given two options etheurmigrate their accounts to the UK-based platform Blockchain.com or close their accounts entirely from December 19:. However, this migration option is not available to crypto users in New York due to its regulations. SoFi’s strategic alliance with Blockchain.com is a hint of its deliberate effort to engage with a platform operating under a more established regulatory framework in the UK. This move is a calculated step by SoFi to subtly succeed in the crypto market. The decision to exit the crypto space comes just aftet Changpeng Zhao pleaded guilty in a $4.3 billion settlement. Since then he has resigned as thr CEO of Binance and its U.S. arm. Zhao’s plea, highlighted increasing oversight by US authorities on the crypto sector. SoFi’s exit adds to the larger story of regulatory difficulties facing the cryptocurrency sector. The filings for spot Bitcoin exchange-traded funds have spurred a recent increase in investor enthusiasm. However, this is in stark contrast to the ongoing regulatory scrutiny that the industry is still subject to. The post SoFi exits sector as regulatory issues pile up, partners with Blockchain.com appeared first on Todayq News.

Charlie Shrem, the former CEO of BitInstant, shared his story of success and subsequent downfall in a recent episode of Cointelegraph's Crypto Stories. Shrem started his entrepreneurial journey by running a small e-commerce business that sold various products. It was during this time that he discovered Bitcoin and realized the limitations of the existing purchasing methods. This led him to start BitInstant, a company that allowed people to instantly buy or sell Bitcoin. As the company grew, so did the need for more funds to deposit into Mt. Gox, the exchange they used. Despite facing financial challenges, Shrem received capital injections from investors such as Roger Ver, Erik Voorhees, and the Winklevoss twins. BitInstant eventually became responsible for 30% of all Bitcoin transactions. However, Shrem's personal life suffered, and he left the Jewish community he belonged to. Shortly after, he was arrested and charged with money laundering for activities related to BitInstant. Shrem's story continues in Part 2. Read more AI-generated news on: https://app.chaingpt.org/news

The post Ethereum (ETH) at a Crossroads, Yet the Price Could Reach $3000 in the Next Few Months appeared first on Coinpedia Fintech News Being a little different from the Bitcoin price action, the Ethereum price is displaying the possibility of drowning in the current resistance. The price continues to test the crucial diagonal support, which raises concerns over the impending rally. The second-largest token attempted recently to reclaim the resistance, but it appears that a retest of the lower support could be more likely. The daily chart suggests the crypto is closer to triggering a bounce from the lower crucial support that falls within an ascending triangle. The volume has just flipped in a bullish favour but the buying pressure is yet to accumulate. Therefore, if a rebound is validated before the day’s close, then the fresh month’s trade can be expected to start on a bullish note. As mentioned before, the ETH price is testing the lower crucial support, and the day’s trade is constantly flipping between bullish and bearish favour. This indicates serious competition between both of them, which may have a major impact on the upcoming monthly close. Besides, the technical pattern raises some concerns as the DMI is bearish. ADX is heading towards lower support, indicating a decrease in the strength of the rally. Besides, the +Di & -Di are closer to undergoing a bearish crossover. Hence, the probability of a pullback below $2000 could be on the horizon. If the bulls display weakness here, the rally could trigger a drastic drop towards the lower support below $1800. However, the probability of a rebound remains higher as the token has been consolidating below $2200 in the past 1.5 years without any weekly close above these levels. Hence, a popular analyst, Altcoin Sherpa, believes the ETH price could reach $3000 in the next few months. $ETH : This one is so obvious to me. It's going to go to $3000+ within the next few months and there's nothing you can do about it. No 1W close above this $2200 level in 1.5 years, ofc it's going to break it given the landscape. #Ethereum pic.twitter.com/lnhAyj5UKj — Altcoin Sherpa (@AltcoinSherpa) November 29, 2023 Therefore, the Ethereum price is believed to trade within an ascending triangle until it reaches the apex. Further, by the end of the first fortnight, the price is expected to trigger a bullish breakout beyond $2200.

The post Top Crypto That Sets To Skyrocket After Bitcoin Halving  appeared first on Coinpedia Fintech News The cryptocurrency market is experiencing a slight retreat from its recent peaks, but the outlook remains optimistic. Bitcoin has pulled back to around $37,100, a 1% decrease, after surpassing $38,000 last week, while Ethereum has declined 1.5% to about $2,020. Despite these dips, the market sentiment is bullish, with Bitcoin rallying over 30% since early October, fueled by hopes of a U.S. spot Bitcoin ETF approval and a favourable macroeconomic backdrop. Anticipated for the spring of 2024, the forthcoming Bitcoin halving is largely projected to occur around mid-April. Occurring once every four years, these halvings have historically been critical moments for the cryptocurrency market, often igniting significant bull runs. This leads to the question: which cryptocurrencies will emerge as leaders in 2024, both in terms of price growth and resilience? This article explores the hypothesis that mirroring the aftermath of past halvings, the 2024 Bitcoin halving will initiate a bullish trend in prices. However, it’s important to note that such an outcome is not guaranteed, and the past performance is not a reliable indicator of future results, especially in the volatile world of cryptocurrencies. Let’s have a look at the estimates and computations and, maybe,  make a few assumptions on the basis of the most probable outcomes.  In light of the alterations in the industry, keep in mind that smaller projects are more likely to demonstrate remarkable growth. Summary  ScapesMania: Notable presale success in crypto, supported by a strong team. Solana (SOL): Transaction surge, but network and competition issues persist. Chainlink (LINK): Launches Staking v0.2 to enhance ecosystem, market impact uncertain. Cardano (ADA): Nears research breakthrough, growth hinges on practical application. Dogecoin (DOGE): Sees transaction and interest spike, possibly prepping for a rally. Shiba Inu (SHIB): Faces December challenges, but could recover despite price risks. ScapesMania: A New Contender in the Crypto Arena Many crypto experts pick ScapesMania as the best new project of 2023 and beyond. It manages to separate itself from the competition by offering holders a multitude of revenue streams and high potential ROIs during presale.  Companies and individual crypto traders looking for fast potential gains should definitely look into ScapesMania’s proposition. Once the presale finishes, the price will soar, securing possible returns in the range of 400-500%. Right now, there’s an active discount of close to 85%, but it won’t last forever – the clock is ticking and all interested in leveraging this offer need to act fast. When dissecting the tokenomics and other features of ScapesMania, it becomes clear that it’s the best altcoin to hold now. The innovative gaming-related core idea, impressive presale numbers, $150,000 giveaway, undying social media hype, and other positive aspects can guarantee that ScapesMania will continue on its winning journey, so it makes sense to get involved as soon as possible. Solana (SOL): A Surge in Transactions Signaling a Bright Future Solana (SOL) has experienced a significant surge in its daily transaction count, reaching a historic high of 51.63 million transactions. The transaction volume far exceeds those of competing protocols like Ethereum, Polygon, Aptos, and Near Protocol, indicating Solana (SOL) growing prominence in the blockchain space. Solana (SOL) price has responded positively to this surge in transaction volume. Solana (SOL) had increased by 9.37% to $59.88, with a weekly surge of 9.64%. This price movement is supported by a 6% boost in trading volume, bringing Solana (SOL) traded value to $1,637,977,477, ranking it fifth among all cryptocurrencies.  The network’s resilience, demonstrated by its return to pre-FTX price levels, suggests a strong foundation for growth. However, challenges remain, including maintaining network stability and continuing to innovate to stay ahead of competitors. If Solana (SOL) can sustain its transaction momentum and address these challenges, it could see further price appreciation and solidify its position in the market. Chainlink (LINK): Staking and Its Impact on Market Dynamics Chainlink (LINK) launched Staking v0.2, marking a significant development in its ecosystem. This update follows Chainlink (LINK) integration with several chains, including ChainGPT and Beefy Finance, and builds upon previous collaborations across six chains like Ethereum and Polygon. The staking update aims to enhance security, flexibility, and introduce a dynamic rewards mechanism, reflecting Chainlink (LINK) commitment to continuous improvement and innovation. Chainlink (LINK) trading value had seen an increase of 5.27% over the last 24 hours, trading at $14.70. This short-term increase also mirrors a 3.84% growth over the past week.  The introduction of Staking v0.2, with an expanded pool of 45 million Chainlink (LINK) tokens, presents significant prospects for Chainlink (LINK). The staking feature is expected to attract more users and enhance network participation, potentially leading to increased demand for Chainlink (LINK). However, the impact of this update on Chainlink (LINK) price remains to be seen, especially considering the current market conditions.  Cardano (ADA): Celebrating Milestones and Eyeing Future Growth Input Output Global, the creator of Cardano (ADA), is nearing an impressive milestone of 200 peer-reviewed research papers. These papers, accepted at renowned academic conferences, underscore Cardano (ADA) commitment to a research-driven approach in blockchain technology. Cardano’s (ADA) focus on the development and achievement of milestones is likely to foster investor confidence. This could positively influence its market valuation, provided these advancements translate into practical and widely adopted solutions. Cardano (ADA) future looks promising, given its strong emphasis on research and development. With advancements like the integration of Hydra Nodes and the exploration of Artificial Intelligence through the beta launch of Girolamo, an internet-enabled generative chatbot, Cardano (ADA) is poised for further growth. However, the challenge lies in translating these academic achievements into practical, market-driven solutions that can attract users and investors. If Cardano (ADA) can successfully bridge this gap, it could see significant appreciation in its value. Dogecoin (DOGE): Beyond the Meme, a Rising Transaction Tide Dogecoin (DOGE) has seen a notable increase in transactions, largely attributed to the rise in meme coin trading and the activity surrounding Doginals. Doginals, an experiment inspired by Bitcoin Ordinals, allows users to inscribe images and texts on the Dogecoin (DOGE) blockchain. This innovation has brought attention back to Dogecoin (DOGE), despite the mixed performance of DRC-20 tokens, a type of token introduced in the Dogecoin (DOGE) ecosystem for trading. The overall trading volume of Dogecoin (DOGE) has experienced an upward trend. Its volume increased to 606.13 million, with Dogecoin (DOGE) price at $0.080. This represents an 8.68% increase over the last seven days. The increase in Dogecoin (DOGE) holders, now totalling 5.31 million, and the rise in active addresses indicate a growing interest in the coin. If this trend continues, Dogecoin (DOGE) might be poised for another rally. However, the coin’s performance is closely tied to market sentiment and the success of its innovations like Doginals and DRC-20 tokens.  Shiba Inu (SHIB): Bracing for a December of Uncertainty Shiba Inu (SHIB) is facing a critical period as historical data indicates a pattern of price drops in December. This trend, observed since Shiba Inu (SHIB) inception, has seen double-digit percentage declines each December for the past three years.  In the past, December has been a challenging month for Shiba Inu (SHIB), with notable dips such as a 29.5% drop in 2021 and a 13.5% decrease in 2022. The average and median value for Shiba Inu (SHIB) during these months stands at around a 21.5% decline. This historical trend suggests that Shiba Inu (SHIB) could potentially face a downturn, possibly reaching lows around $0.00000653 per token. Despite the historical trend of December downturns, Shiba Inu (SHIB) has shown signs of breaking negative patterns, as evidenced by its performance in November 2023, where it concluded with a gain of 6.83%. This resilience indicates that while Shiba Inu (SHIB) may be bracing for a volatile December, there is potential for the token to defy these trends. Conclusion The cryptocurrency market is navigating through a mixed trend, with Bitcoin and Ethereum going through slight decreases, set against a backdrop of strong investor anticipation for a U.S. spot Bitcoin ETF. In this fluctuating market, cryptocurrencies like Solana (SOL), Chainlink (LINK), Cardano (ADA), Dogecoin (DOGE), Shiba Inu (SHIB), and ScapesMania remain poised for growth, each facing unique challenges and opportunities in the dynamic digital asset landscape. In the event of Bitcoin halving, it seems as if it’s the newcomer, ScapesMania, that has more to gain than any other project mentioned in this text. If positive projections wind up being correct, holders might see even more than x5 ROI after the listing.