The total market capitalization increased by 64.5%
#Bitcoin set a new all-time high at $73,737
Solana and Maker grew by 100% and 132% respectively
#Ethereum increased by 60% due to reduced fees and restaking
The market capitalization of the top 10 meme coins on #Solana reached $9.36 billion
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Now the main thing is that the schoolboy should not repeat the scheme with his dad π ββοΈ
#CryptoNews
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On May 4th, the daily figure approached 15,000. Coincidentally, #Coinmarketcap added 138 meme coins in April, whereas just a year ago, only 18 were added.
Is this a sign of a new trend in meme coins or a springtime surge in scammers?
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However, a SOL ETF might face several difficulties since there are no futures ETFs for SOL yet, and the #SEC has recognized #Solana as a security.
Meanwhile, #ETH has managed to break through $3,900
#CryptoNews
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#Opinion
πͺ Robert Kiyosaki now expects #Bitcoin to reach $350,000 by the end of August. Previously, his forecast was $125,000 by the end of the year.
The author of financial bestsellers (not our opinion β aggregator sites consider it so) stated that he continues to buy #BTC, #Ethereum, and #Solana because he is fully confident in their further growth.
In addition, Robert called the current President of the United States, Joe Biden, incompetent in the matter of cryptocurrencies and urged adding #gold and #silver to one's investment portfolio.
The author of financial bestsellers (not our opinion β aggregator sites consider it so) stated that he continues to buy #BTC, #Ethereum, and #Solana because he is fully confident in their further growth.
In addition, Robert called the current President of the United States, Joe Biden, incompetent in the matter of cryptocurrencies and urged adding #gold and #silver to one's investment portfolio.
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Most of them are #memecoins on the #Solana and #Ethereum blockchains. Additionally, projects in the #TON ecosystem have been gaining popularity recently, further confirming the trend towards memes.
In this regard, we offer you a small tournament in the comments under the post:
Share in the comments the strangest/funniest/trashiest memecoins you know and write why you would invest in these projects
The best authors will receive proper respect and shoutouts from our community π«‘
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#VanEck has submitted an application to launch an exchange-traded fund based on #SOL, where the altcoin is referred to as a commodity, without the possibility of staking.
The coin immediately responded with growth, and analysts from #GSR stated that if spot Solana-ETFs are approved, a 9-fold increase in SOL can be expected.
#CryptoNews
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#Opinion
π #GSR predicts that #Solana could rise to $1300 if an #ETF is launched
Besides the price prediction, market maker specialists analyzed several assets based on technology, financial flows, decentralization, and market demand criteria. They concluded that #SOL has the highest chances for #ETF approval following the launch of an ETF on #Ethereum
Besides the price prediction, market maker specialists analyzed several assets based on technology, financial flows, decentralization, and market demand criteria. They concluded that #SOL has the highest chances for #ETF approval following the launch of an ETF on #Ethereum
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#CryptoNews
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π Weekly news #CryptoDigest:
πͺ BTC.D (Bitcoin Dominance over altcoins) β 56.60%
π§ Fear and Greed Index β 74
πΊπΈ July 31 9:00 PM USD β Fed Interest Rate decision. Forecast β 5.50%; previous number β 5.50%.
πΊπΈ August 2 3:30 PM USD β Unemployment rate (June). Forecast β 4.1%; previous number β 4.1%.
πͺ #Solana has surpassed #BNB in market capitalization, and the price of #SOL is preparing to reach $200.
πͺ A new bill has been introduced requiring the US Federal Reserve to hold #BTC as a strategic reserve asset.
π At #Bitcoin2024, Donald Trump gave a speech promising to fire the head of the #SEC and stated that the US will become the world leader in the crypto industry.
β
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According to #Defillama data for July, the trading volume of #SOL on decentralized exchanges amounted to $55.8 billion, compared to $53.8 billion for #ETH.
#CryptoNews
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π Weekly news #CryptoDigest:
πͺ BTC.D (Bitcoin Dominance over altcoins) β 57.35%
π§ Fear and Greed Index β 25
πΊπΈ August 15 15:30 USD β Number of initial jobless claims. Forecast β 235k, previous value β 233k
π #Matrixport believes that a Bitcoin rally is inevitable after the release of U.S. inflation data
π― #Bitcoin is reducing volatility β this year, there have only been 25 days with significant price movement
π· Gas fees on the #Ethereum network are at an annual low
πͺ A critical vulnerability in the #Solana network has been fixed
πͺ #Ripple has begun testing its stablecoin β Ripple USD (#RLUSD)
πͺ #BTC reserves on exchanges have reached a 5-year low
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#Analytics #SOL
πͺ Currently, experts estimate the potential of #Solana to be in the range of $300 to $1000 per coin. However, on-chain data points to a more likely scenario in the near future β a return to the $190 level.
Among the most significant reasons for SOL's growth are applications for the launch of #Solana-#ETF, the continued interest in meme coins within this ecosystem, the growing competition with #Ethereum in #DEX, and the active efforts of the Solana team to improve the project.
β
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this is not a trading recommendation
Among the most significant reasons for SOL's growth are applications for the launch of #Solana-#ETF, the continued interest in meme coins within this ecosystem, the growing competition with #Ethereum in #DEX, and the active efforts of the Solana team to improve the project.
this is not a trading recommendation
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The 19b-4 proposals submitted by Cboe BZX from potential #Solana ETF issuers have been rejected by the #SEC. The agency reminded that it still considers Solana a security.
Apparently, Tyler Winklevoss β co-founder of Gemini β was not without reason when he called on over 50 million U.S. crypto investors to put pressure on Kamala Harris to fire the SEC chair and end the "war on cryptocurrency"
#CryptoNews
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#TRON has shown a growth of over 17% in the last 7 days. The reason for this success is the launch of the platform on the TRON network for creating meme coins β #SunPump.
#CryptoNews
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A visual comparison of meme coins on the #TRON and #SOLANA blockchains.
The new platform by Justin Sun likely has potentialπ
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The new platform by Justin Sun likely has potential
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