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One Solana (SOL)-based memecoin is rallying after receiving support from Coinbase, the top US-based crypto exchange platform. In a new thread on X, Coinbase says it is adding support for Useless Coin (USELESS), causing the cryptocurrency to post gains. Trading for Useless Coin on Coinbase began on Wednesday, a week after the platform announced the memecoin was added to the platform’s listing roadmap. Being added to Coinbase’s listing roadmap means that the top US crypto exchange is considering rolling out trading support for the asset in the near future. The roadmap was established in 2022 to increase transparency and reduce the possibility of investors frontrunning new trading support announcements. USELESS was trading for a low of $0.188 on the day Coinbase added the digital asset to its listing roadmap, and rallied over the next few days, reaching a local high Sunday of $0.369, a gain of more than 96%. USELESS was trading for a low of $0.246 on Tu...

The crypto strategist who nailed the Bitcoin (BTC) local top in January believes that the memecoin Pudgy Penguins (PENGU) is gearing up for another upside burst. The pseudonymous analyst Bluntz tells his 326,600 followers on the social media platform X that PENGU looks poised for a wave-five surge. The trader relies on Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally, with waves one, three and five serving as upside moves and waves two and four acting as corrective periods. Says Bluntz, “This looks like the PENGU wave four, in my opinion. If you missed the last run up and have been patiently waiting for the pullback, this is a good one to bid. Nice 33% dip after a big run-up is perfectly normal.” Source: Bluntz/X Looking at the trader’s chart, he seems to predict that PENGU will soar above $0.05 before ending its five-wave rally. At time of writing, PENGU is worth $0.0357, up over 7% in the past day. An...

A crypto strategist who nailed the Bitcoin top in January is warning that BTC’s recovery rally may witness an abrupt end. Pseudonymous analyst Bluntz tells his 318,200 followers on the social media platform X that Bitcoin appears to be forming a bearish divergence on the daily chart. The bearish reversal signal suggests that bullish momentum is waning even though an asset’s price is moving higher or sideways. Says Bluntz, “There’s a daily BTC bear div brewing here if it closes red by [today]. It’s unfortunate that it has appeared before fresh all-time highs, but it’s the first one since last year. Be careful with longs in my opinion.” Source: Bluntz/X At time of writing, Bitcoin is trading for $105,546. Turning to gold, the analyst believes that the precious metal is poised to ignite a rally to a new all-time high after completing an ABC corrective wave. Bluntz practices the Elliott Wave theory, which states a bulli...

Cryptocurrency trader and analyst Ali Martinez is leaning bullish on a memecoin built in the Solana (SOL) ecosystem while offering his forecast for Ethereum (ETH) and Chainlink (LINK). Martinez tells his 134,800 followers on the social media platform X that the Official Trump (TRUMP) memecoin could be preparing for a bullish reversal based on the Tom DeMark (TD) Sequential indicator signals on the weekly time frame. The TD Sequential indicator is used to identify potential trend reversal points in technical Analysis . According to the analyst, TRUMP could rally by around 138% from the current level and hit a price target of $17.94 if a breakout is confirmed at around the $11.96 price point. Martinez says that TRUMP currently enjoys a major support level at around the $7.13 price. Source: Ali Martinez/X TRUMP is trading at $7.55 at time of writing, down by 27% over the past seven days. Next up is Ethereum. Martinez says that based on the Analysis of Ethereum o...

Dogecoin (DOGE) has come a long way in its 11-year history. Since its launch in December 2013, DOGE has made quite an impact on the crypto sector. DOGE’s price skyrocketed during the 2021 bull run. The project turned several early investors into multi-millionaires while garnering a loyal fan base. Also Read: 3 Cryptocurrency Orders That Trump May Push On First Day Of His Presidency Just $140 In Dogecoin Would Have Made $1 Million Source: Bitcoinist DOGE was at its lowest on May 6, 2015, and its highest on May 8, 2021. If you invested $140 in the memecoin on May 6, 2015, and sold them when the asset was at its peak, you would have made $1.05 million. Your portfolio would have grown by about 756,179%. Source: Changelly Also Read: Gold Prices Could Hit $3,000 If Trump Puts His Threats to Work DOGE’s price has fallen by 48.5% since its 2021 highs. If you continued to hold the $140 worth of coins till today, the investment would have been worth $549,711. In this scenario, your po...

Dogecoin (DOGE) has had quite a year in 2024. The asset’s price skyrocketed after Donald Trump won the US Presidential election. DOGE’s sudden rise is likely due to Elon Musk’s support for the Trump campaign. The tech billionaire is one of the most vocal supporters of DOGE. Investor confidence in the memecoin increased significantly due to his support of Trump’s presidential campaign. Also Read: Shiba Inu: Can You Turn $1000 Of SHIB Into $1 Million By 2030? Dogecoin’s Price Movements Source: NewsBTC Despite its incredible performance in November 2024, DOGE has faced a significant price correction over the last few weeks. DOGE is down 2.4% in the daily charts, 20.7% in the 14-day charts, and 24.8% over the previous month. The memecoin is still up by 3.4% in the weekly charts and nearly 255% in the yearly charts. Source: CoinGecko Also Read: How High Will Bitcoin Rise In January 2025? DOGE’s latest correction comes amid Bitcoin’s (BTC) descent to ...

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...

In this episode of the podcast, host Shang engages in a deep discussion with Leo, a key player in the Solana ecosystem, covering the factors behind Solana’s success, a technical comparison with Ethereum, how Solana leverages its unique infrastructure and low-cost advantages to attract users and trading volume, particularly in the Memecoin market, where it has seen significant profits. Leo shares insights into Solana’s innovative mechanisms, such as Proof of History (POH) and Solana’s Layer 2 solution, Sonic, and how these are driving the future development of gaming and DeFi. Additionally, Leo elaborates on key infrastructure in the Solana ecosystem, such as Jito and RPC service providers, explaining how they profit through Liquid Staking (LST) and Maximum Extractable Value (MEV), and how they use network effects to improve transaction efficiency and lower costs. Please note: The views of the guest do not represent those of WuBlockchain, and WuBlockchain does not endorse any products o...

Bitcoin’s (BTC) climb to a new all-time high seems to have triggered another bullish outbreak. Pepe (PEPE), one of the fastest growing memecoins, has surged 4.2% in the daily charts, 14.4% in the weekly charts, and 8.4% over the previous month. The memecoin’s price has also risen by an astounding 1625.4% since December 2023. Despite the rally, the memecoin’s price has faced an 8.8% correction over the last week. Source: CoinGecko Also Read: Dogecoin: Can DOGE Hit $0.90 After Bitcoin’s New Peak? Pepe Trader Makes $52 Million With Just $27 Source: CoinGape According to crypto Analysis firm LookOnChain, a Pepe whale that was dormant for 600 days has transferred all 2.1 trillion tokens to a new address. According to the platform, the whale spent 0.0135 Ethereum (ETH), worth just $27, to buy the 2.1 trillion coins. The whale has held onto its coins till now. The 21 trillion PEPE coins are currently worth around $52 million. The rise in value translates to a growth of about...