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The Starknet price dropped 6% in the last 24 hours to trade at $1.8966 as of 00:17 a.m. EST on trading volume that plunged 37% to $1 billion. The STRK price has slumped 20% since its launch earlier this week, a drop that’s most likely attributable to the controversy surrounding its 780 million token airdrop. That blew up when it came to light that the token’s generation event took place in November 2022, with the initial one-year vesting period pushed back to April this year. Stealth launch token onchain, count it as TGE and release token 2 years later but count that as vesting start date. We see a lot of shit in token land, but that has to be one of the sketchiest moves yet. — Adam Cochran (adamscochran.eth) (@adamscochran) February 14, 2024 As such, 13% of the total supply, worth more than $2.6 billion, could be unlocked in April. Starknet Price Breaks Above The Symmetrical Triangle STRKUSD Chart Analysis Source: Tradingview.com The Starknet price is still...

Plans for new rules and regulations for stablecoins and cryptocurrency staking in the United Kingdom (UK) are in the pipeline, according to a Bloomberg report. The report quotes the Economic Secretary to the Treasury Bim Afolami as saying at an event organized by Coinbase crypto exchange in London that the UK government was “pushing very hard” to make the necessary regulations a reality. Afolami is further quoted as saying that the rules designed to govern stablecoins and cryptocurrency could become law before the end of the year. “ We’re very clear that we want to get these things done as soon as possible. And I think over the next six months, those things are doable.” On when the broader crypto regulations could be put in place outside of stablecoins and staking, Afolami says, “ Short answer is, I don’t know. There’s just a huge amount going on, so I don’t want to commit to that now.” The report on the UK government’s plans on stablecoin and staking regulati...

As the majority of assets in the cryptocurrency sector start to reverse the exceptionally bullish gains from previous weeks, some are correcting faster and more intensely than others, including Solana (SOL), which has lost over $3 billion from its market capitalization in a single day. Specifically, Solana’s market cap has declined by over 6% in the last 24 hours, having dropped from $48.58 billion to $45.54 billion during this time, which represents a loss of $3.04 billion to its market value, as per data obtained from the crypto analytics platform CoinMarketCap on February 21. Solana 24-hour market cap chart. Source: CoinMarketCap Solana price analysis In the meantime, the price of Solana has dropped 6.07% in the past 24 hours, adding up to the loss of 10.78% across the last seven days, but nonetheless still clinging to the 16.94% total gain accumulated over the previous month, and currently trading at $103.41. Picked for you Tron (TRX) price prediction amid US...

In the landscape of cryptocurrency, beginners often find themselves overwhelmed by the sheer variety of digital assets available on the market. With numerous options promising high returns and innovative technologies, it can be challenging to determine which cryptocurrencies are worth including in a portfolio, especially during a bull run. However, by focusing on established projects with solid fundamentals and potential for growth, beginners can mitigate risks and maximise their investment opportunities. In this article, we'll explore three cryptocurrencies that every beginner should consider adding to their portfolio during the 2024 bull run: Retik Finance, Shiba Inu, and Dogecoin. Retik Finance (RETIK): Bridging the Gap Between Crypto and Fiat Retik Finance (RETIK) is a revolutionary blockchain project that seeks to bridge the gap between the cryptocurrency and traditional fiat worlds. With its comprehensive suite of financial solutions, Retik Finance aims to provide indiv...

Increasing activities on the polygon chain contributed to the dramatic increase in the price of assets. Despite the recent migration to POL, the assets are one of the tokens to watch this bull run. More importantly, assets in the ecosystems are outperforming market trends as Metal, Algebra, and Argoncoin rank as some of the top trending cryptos on the polygon chain. Trending Cryptocurrency Tokens on Avalanche Chain Also, on the polygon chain, Sponge V2 marks its territory as the token of interest following its recent migration from V1. The exceptional performance and the promises of the deflationary initiative sparked investors’ interest in the asset as many flocked to stake their tokens ahead of the anticipated listings. The details of its latest trends are covered below, along with the performance of other trending tokens on the Polygon chain. 1. Algebra (ALGB) Algebra is a recently launched liquidity solution projected to become an alternative to the Uniswap V4. It claims t...

Feb 20, 2024 at 08:08 // Price Author Coin Idol The price of Litecoin (LTC) is moving sideways, but is above the moving average lines. Price Analysis of Litecoin on February 20, by Coinidol.com. Long-term prediction of the Litecoin price: fluctuating The current value of the cryptocurrency is $70.83. Resistance at $74 and $76 has hindered the price's upward movement since January 3, 2024. On the downside, the bulls have successfully defended the support level of $64. In other words, the Litecoin price has remained reasonably stable between $64 and $7...

The Worldcoin price surged to a new all-time high on February 19 after the number of users on its crypto wallet application, World App, surpassed one million. WLD is among the top crypto gainers over the past week after soaring 190%. The token was trading at $7.35 at 05:44 EST with a market cap of almost $1 billion. The WLD price rally comes after the project revealed the number of users on the World App Crypto Wallet passed the one million milestone. In November last year, it had only around 100,000 daily active users. World App, the first wallet built for the Worldcoin project, passed 1M daily users this week. This community is incredible 🫡 pic.twitter.com/Mf6Y51gscQ — Worldcoin (@worldcoin) February 17, 2024 The Worldcoin project, co-founded by OpenAI CEO Sam Altman, faced regulatory challenges last year after launching, drawing opposition from governments in Hong Kong, India, and Kenya due to privacy concerns. OpenAI Advancements Fuelling WLD Gains WLD and oth...

The Ripple vs. SEC case is back with new developments. Both parties are gearing up for another court hearing, which is scheduled to be conducted on February 20th.  Dubbed a hearing that marks the end of the discovery phase, this particular development has stirred the crypto community up a notch.  Also Read: Ripple vs SEC Lawsuit: A Settlement on the Cards? With several documents and legal paraphernalia up for processing in court, the crypto community is anticipating a solid judgment that could finally put a stop to this two-year-long, intense legal battle.  XRP-SEC: End of Discovery Phase Source – Coinpedia The upcoming February 20th hearing can bring in new developments for the Ripple vs. SEC case. The phase will end its prolonged discovery stage, spearheading new procedural developments. Marked by a new “remedial” stage, this hearing can finally deliver concrete news concerning the case.  The discovery phase, in legal jargon,...

Two artificial intelligence (AI)-focused altcoins are surging as AI research firm OpenAI rolls out its new text-to-video project. In a new thread, tech giant OpenAI announces the launch of Sora, a new model that can generate detailed high-definition videos based on text prompts. “Introducing Sora, our text-to-video model. Sora can create videos of up to 60 seconds featuring highly detailed scenes, complex camera motion, and multiple characters with vibrant emotions.” According to OpenAI’s website, Sora can also generate videos from still images. News of the launch sent two AI-related digital assets – decentralized video streaming network Livepeer (LPT) and blockchain-based marketplace for AI services SingularityNET (AGIX) – skyrocketing. LPT went from a February 15th low of $7.96 to a price of $14.64 just a day later, a staggering rise of 83.9%, while AGIX went from a February 15th low of $0.318 to a peak of $0.418, a gain of 31.4%, during the same time f...

The recent upsurge in the crypto currency market, led by a notable rally in Bitcoin’s value, has stirred optimism among investors. Within this flurry of activity, Shiba Inu Coin (SHIB), the well-known meme crypto currency, has emerged as a standout performer, attracting the attention of traders and enthusiasts alike with its promising upward trend. Over the past fortnight, Shiba Inu has demonstrated a remarkable gain of over 7.27%, climbing from a price of $0.0000088 to $0.0000099. This surge not only highlights the growing interest in SHIB but also signals a prevailing bullish sentiment in the market. As of the latest data, SHIB is trading at $0.000009998, marking a 1.7% daily increase and reaffirming its positive trajectory. Source Also Read: Shiba Inu: How Many Tokens You Need To Make $5M, $10M If SHIB Hits $0.00789? Shiba Inu in February Predicting the price movement of Shiba Inu for February 2024, crypto currency experts foresee an average SHIB rate of $0.00000957...

The VeThor Token price surged by over 42% in the last 24 hours to trade at $0.006267 as of 2.30 a.m. EST on trading volume that soared more than 100% to $352 million. The main driver behind the price surge is believed to have been the liquidation of shorts, which led to a massive rise in open interest. The price went up as traders embraced a FOMO attitude. VTHO was not the only one to be affected, as similar growth also hit VeChain’s VET token. VeThor Token Price Prognosis Despite the VeThor Token price rally, many in the crypto community remain uncertain about what is next on the token’s agenda. The rally came for fundamental reasons, rather than technical, but now that the hype has seemingly reached its peak, traders and investors have found themselves turning to technical indicators to try and deduce where will the token go from here. Looking at its 30-minute chart, it is clear that the token’s Bollinger bands still remain quite wide, especially compared to the...

Shiba Inu (SHIB) has several rags-to-riches stories. Many early investors have made millions in profits and, in some cases, even billions. While some think it is too late to make it big with SHIB, others believe there is still time. According to Changelly, Shiba Inu (SHIB) could hit a maximum price of $0.0002319768 in 2030. The price rise would translate to a growth of over 2330% from current levels. To have one million dollars worth of SHIB at $0.0002319768 per token, you will need a total of about 4312203536.01 (4.31 billion) tokens. The price of 4,312,203,536.01 SHIB right now is about $41,004.74. Also Read: Shiba Inu (SHIB) Rallies 8%: Can It Delete a Zero This Week? Telegaon, on the other hand, is more bullish on SHIB. The platform anticipates the token to hit a maximum price of $0.000712 in 2030, a rise of over 7380% from current levels. To have one million dollars worth of SHIB tokens at $0.000712 per coin, you will need about 1,404,494,382.02 (1.40 billion) tokens. Th...

Widely followed economist Alex Krüger believes one Ethereum (ETH) rival is undervalued as its ecosystem buzzes with activity. In a new interview with Bitcoin Suisse’s podcast Verified, Krüger says that Solana (SOL) has a livelier ecosystem than ETH’s and also greater potential. He predicts long-term upward momentum for SOL. “I think that Solana is absolutely massive and it’s under priced relative to ETH. What’s happening in Solana is absolutely incredible. And I think everybody should be long. It’s the perfect chain for retail risk taking. Let me quantify this. Memecoin WIF is doing about $40-$50 million in daily trading volume. They’re basically making $100,000 a day on fees. That’s all retail and you turn around and you go to ETH and there is not a single memecoin on the ETH side doing more than $3 million a day. It is product market fit. The retail legions, Solana is perfect for them. ETH is absolutely the opposite. There’...

The non-fungible token market continues thriving, following the footprints of the crypto market, which has retested some hype in recent days. The flagship crypto “Bitcoin” is leading the current crypto market rally, trading above $52,000 for the first time this new year. Below, we have listed some of the top-selling NFT collections this week: Source: coingecko.com, top-selling non-fungible token collections 1. Pudgy Penguins NFT Collection Pudgy Penguins, an NFT collection from a now renowned toy brand, Pudgy Penguins, featuring a limited edition of 8,888 cute penguins birds hosted on the Ethereum blockchain network, is this week’s most-selling NFT collection. In the past 24 hours, the Pudgy Penguins NFT collection has recorded a trading sales volume of 1,877 ETH. Pudgy Penguins NFT collection has a market capitalization of $514 million and a floor price of $57,840. 2. Mutant Ape Yacht Club NFT Collection Mutant Ape Yacht Club, an all-time top-selling NFT collect...

Starknet , an Ethereum -based layer-2 originally developed by StarkWare, recently started its ‘Provisions’ Airdrop process. Starknet is transitioning away from using ether to pay transaction fees, instead switching to the new STRK token which is also intended to be used for governance and staking on Starknet .  The Starknet documentation breaks down the approximate intended distribution of tokens as follows:  20% to early contributors 18% to investors 11% to StarkWare 13% to grants 9% each for community provisions and community rebates 10% to Foundation Strategic Reserves While this is the intended distribution of the total 10 billion tokens, the first distribution round was 728 million. The Medium post announcing this claimed that the Starknet Foundation “has allocated a total of 1.8 billion STRK to distribute to the community.” This 18% of the total is likely made up of the community provisions and community rebates categories . The Airdrop of t...