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The non-fungible token market appears to have taken a short recess after experiencing a robust bull run, marked by skyrocketing trading sales volumes and floor price values. The NFT market retested fresh Bull Run last week after Ethereum-based non-fungible token collections led by the globally acknowledged Pudgy Penguins exploded over 70% in trading sales volume and floor price value. NFT Sales Fall 20% In The Past 24 Hours Data compiled by cryptoslam.io, an on-chain crypto assets market aggregator and a multi-chain non-fungible token explorer, shows that the non-fungible token market has slightly tanked again in sales volume. In the past 24 hours, the global NFT sales volume has plunged by 20% to reach $22 million. This light downturn comes after the recent Ethereum NFT bull run, which fueled the global NFT weekly sales volume past $300 million, faded. In a similar context, Ethereum, the same blockchain network powering the famous crypto Ether and renowned in the global NFT market...

The meme coin market has surged significantly in recent months, with several projects showing strong growth potential. From a market valuation of $60 billion in 2021, meme coins are now valued at $130 billion during the current bull run. This rapid rise, fueled by greed and FOMO, has created unique opportunities for new investors to get involved. With the potential for even more growth as February and March approach, it is evident that the coming months could be pivotal for the market. Given the current momentum, meme coin investments are poised for significant upside potential. Here are some of the most exciting meme coin projects that are currently gaining traction. Pepe (PEPE) Pepe is the origin of various Pepe-themed meme coins that are now widespread in the crypto market. With a market cap of $7.4 billion, Pepe continues to be a dominant force in the meme coin sector. Despite experiencing incredible growth over the past several months, many believe there is still significant...

The native token of a decentralized fiat stablecoin-issuing platform is rallying against the dipping crypto markets. Two days ago, the world’s largest crypto exchange by trading volume, Binance, added support for Usual Protocol (USUAL). “Binance is excited to announce that Usual (USUAL) will be added to Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below.” According to a post on the social media platform X from Usual in response to the Binance listing, the team says the protocol aims to usher in a “stablecoin renaissance”. “9 0% for the Community: Usual is built to empower, with the majority of tokens for users. No VC (venture capital)/Team Dumps: Just 10% allocated to insiders, cliffed for one year. 100% Revenue for the DAO (decentralized autonomous organization): Every $ of revenue belongs to USUAL holders” Accordi...

The Bitcoin price plunged 3% in the last 24 hours to trade at $97,637 as of 02:26 a.m. EST on trading volume that surged 13% to $104 billion. BTC has dropped below the $100k mark, which suggests that some of the market’s most seasoned Bitcoin investors are booking record profits after BTC’s strong rally. Bitcoin Price Could Still Soar The Bitcoin price surged out of a long-term accumulation zone (highlighted in purple), which acted as a strong base around the $60,700 level during the summer months, according to data from GeckoTerminal . This breakout was accompanied by higher volume, indicating solid buying interest. Following the breakout, the BTC price has formed a rising channel (yellow lines), which suggests a gradual and sustainable uptrend with higher highs and higher lows. The upper boundary of the channel, near $100,000, acts as resistance, while the lower boundary around $96,000 is key support. The 50-day Simple Moving Average (SMA) at $91,666 aligns closely w...

The Avalanche Foundation’s native cryptocurrency, AVAX, has had a troubling recent week, falling as much as 27%. Following the announcement of the Avalanche Foundation raising $250 million for a blockchain upgrade, the foundation’s native cryptocurrency quickly reversed its momentary surge. Recent AVAX price Analysis reveals rising momentum and improving market conditions despite the recent downturn. With the recent slump, can AVAX still reach $100 in a year? Can AVAX Price hit $100 by 2026? Looking past December, AVAX’s growth potential remains positive. The cryptocurrency market trends indicate a growing interest in layer-1 networks, which benefits the foundation. Previous price predictions were that AVAX could reach $140.86 by 2025. However, that number may not be achieved for a while longer. Indeed, AVAX’s recent price slump has put bullish price predictions into jeopardy. While investors are still hopeful that the asset will rebound, a tumble below $40 was steep...

As interest in digital assets grows, the stablecoin market has expanded significantly, reaching a valuation of $200 billion. These cryptocurrencies, tied to fiat currencies for price stability, have become popular for providing liquidity in crypto trading. Meanwhile, Ripple USD has recently been introduced on major exchanges, with plans for additional listings underway.  With the current bullish market sentiment, this could be an opportune moment for investors to explore high-performing cryptocurrencies with growth potential. This article looks at some of the top cryptocurrencies to invest in now . Top Cryptocurrencies to Invest in Now The SAND token is currently valued at $0.6077, reflecting an 8.08% increase over the last 24 hours. Furthermore, MultiversX continues to demonstrate resilience in the cryptocurrency market, with its token trading at $37.73. The Best Wallet presale has garnered significant attention, raising over $4.9 million. 1. The Sandbox (SAND) The Sandbox is...

A popular crypto analyst thinks that Ethereum (ETH) is on the verge of printing a massive breakout rally also known as a god candle. Pseudonymous analyst Inmortal tells his 221,100 followers on the social media platform X that Ethereum’s two-hour chart looks similar to Bitcoin’s (BTC) price action over the last two weeks. The analyst says that while Ethereum struggles to clear resistance at $4,000, he notes that BTC also had trouble breaching $100,000 for weeks before surging to new all-time highs. “Same price action, but with one difference. God candle after the breakout. ETH.” Source: Inmortal/X Based on the trader’s chart, he seems to predict that ETH will surge close to its all-time high of $4,800 after the breakout. At time of writing, ETH is worth $3,892. The trader also has his radar locked on the memecoin Floki (FLOKI). According to the trader, FLOKI appears to be trading in a symmetrical triangle pattern and is gearing u...

As XRP consolidates above the $2 support zone, whale transactions could provide the much-needed trigger to breach the $3 psychological resistance. Specifically, large holders with addresses containing 100 million to 1 billion XRP acquired 30 million tokens in a 24-hour window, according to on-chain data shared by prominent cryptocurrency analyst Ali Martinez on December 17. XRP whale transaction chart. Source: Santiment/Ali_charts Indeed, this was the second consecutive day of whale accumulation for XRP. On December 16, Martinez also pointed out that the holders acquired 830 million XRP within 24 hours. Picks for you NiceHash relocates to Switzerland to support crypto mining and enhance compliance 33 mins ago Crypto.com announces Moham...

XRP is the leading cryptocurrency that has lately been attracting heavy momentum. The Ripple ecosystem has recently launched its RLUSD stablecoin, which has already been attracting decent volume and paving the way for XRP to secure further momentum. Experts have already started forecasting new price predictions for XRP in this wake, claiming that its spike to a new $3 price mark is inevitable. Here’s how this may happen. Also Read: Cardano (ADA) Risks Crashing Below $1: Bears Take Control XRP to $3: What’s Happening? Source: Coinpedia A seasoned cryptocurrency analyst, Dark Defender, on X, has shared a new interesting price chart for XRP. The analyst shared how XRP is currently following a familiar path, paving its own individual path. Dark Defender had earlier uploaded an XRP prediction in which the analyst claimed that the token may claim the $2.72 soon. The aforementioned prediction was originally uploaded on 15th December. Surprisingly, the said forecast was materialized...

The incoming U.S. President, Donald Trump, has reaffirmed his backing for the blockchain sector. In a video message addressed to the Blockchain Association during their recent Policy Summit gala, Trump emphasized his administration’s dedication to advancing the United States as a leader in blockchain innovation on the global stage.   The Blockchain Association shared the video on X, voicing optimism about the future of blockchain under Trump’s leadership. They highlighted that his presidency could mark the first pro-crypto administration in U.S. history, coinciding with one of the most blockchain-friendly Congresses. In light of this, investors are searching for affordable tokens to capitalize on the current market growth, particularly the best altcoins to buy now . 5 Best Altcoins to Buy Now KuCoin Token (KCS) has displayed notable activity in the past 24 hours, with its value rising by 2.50%. Flockerz (FLOCK), a meme-based cryptocurrency inspired by a “f...