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One Memecoin Could Draft off Dogecoin’s Gains if the Top Meme Asset Rallies on DOGE Day, Predicts Crypto Analyst

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A closely followed crypto strategist believes if Dogecoin (DOGE) takes off, then another memecoin stands to benefit from the hype. Pseudonymous analyst Inmortal tells his 212,500 followers on the social media platform X that Floki (FLOKI) is poised to have a breakout on April 20th, dubbed “DOGE Day” by the memecoin’s supporters. “Will pump DOGE on 4/20? If yes, FLOKI will follow. Confirmation above 0.00016.” Source: Inmortal/X Looking at the analyst’s chart, he suggests a FLOKI breakout would be confirmed if it flips the $0.00016 level into support. FLOKI is trading for $0.0001385 at time of writing, up nearly 2% in the last 24 hours. Next up, the analyst says Bitcoin (BTC) appears to have reached a market bottom. “Maybe we get another sweep, maybe not, but this is starting to feel like a bottom. Bullish divergence. Price at range low (-19% from all-time high). Downtrend is not accelerating.” Source: Inmortal/X Bitcoin is trading for $62,206 at time of

Are Altcoins Done? Trader Issues Alert Amid ‘Scary’ Behavior in Chainlink (LINK) and Others

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A widely followed crypto strategist is warning about the altcoin market as projects like Chainlink (LINK) correct. Pseudonymous analyst Altcoin Sherpa tells his 214,900 followers on the social media platform X that most alt coins may enter a months-long consolidation phase. “It’s quite possible that altcoins are done for the next one to four months. There are certainly going to be outliers, but I think that the majority need time to chill out and consolidate after such a big run.” The analyst says that Chainlink, a provider of decentralized oracle services for smart contracts, is illustrative of other alts. LINK is correcting after 4x gains following a lengthy accumulation phase, according to the analyst. “The scary thing is that many alts didn’t even run that hard over the last few months. Look at coins like LINK. 500-plus days in accumulation and only a 3x-4x gain (depending where you got in) and now price is strongly pulling back.” Source: Altcoin Sherpa/X

Here’s The Bitcoin Whale Who Dumped $1 Billion In BTC On Binance

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Bitcoin has seen its price suffer from the tremendous selling pressure that has filled the market over the last few weeks. However, as investors hope for relief, it seems that the sellers are far from done, with one notable Bitcoin sell transaction in particular sending the market into a frenzy. Whale Dumps $1 Billion Worth Of Bitcoin Whale tracker Whale Alert took to X (formerly Twitter) to inform the crypto community of a large Bitcoin transaction that was participating in the sell-off. The transaction was carrying a total of 16,276 BTC which was worth around $1 billion at the time that the transaction was carried out. Related Reading: XRP Whales Are On The Move Again, But Are They Bullish Or Bearish? While large transactions are not out of the ordinary, their destination is often the determinant of whether it is a bearish or bullish transaction. In cases where the coins are headed away from centralized exchanges and into personal wallets, it can be b

EduTech platform Banksters ready to reward winners of its April airdrop contest

Banksters, an EduTech simulator boasting advanced non-fungible token (NFT) capabilities, is orchestrating an airdrop campaign commencing with a contest offering participants the chance to secure exclusive NFTs based on their in-game activities, as per the information shared with Finbold on April r17.  Between April 3 and April 17, the top 1,000 most engaged Banksters users stand to win NFTs embodying various traits and levels of rarity, collectively valued at 100,000 Tether (USDT).  The NFTs will vest for 60 days following the official game launch subsequent to the impending NFT sale. Picks for you Smart trader names the next 100x crypto opportunity 1 hour ago Here's how much you'd have investing in Gold, Silver, and Bitcoin when R. Kiyosaki said 2 hours ago Surprise surge: This dark horse is racing to the top 3 hours ago How much Bitcoin does ‘Rich Dad’ Robert Kiyosaki own? 3 hours ago Incentivizing user participation Coinciding with

First restaking protocol StakeLayer, raises over $1 million in STAKE pre-sale

London, UK, April 17th, 2024, Chainwire StakeLayer, a leader in pioneering Bitcoin L2 restaking , has successfully raised over $1 million in its pre-sale , marking a significant milestone. The company’s rapid development is becoming increasingly evident within the crypto space. The community is experiencing rapid growth, and it is clear that the Bitcoin account is remarkably robust with the potential for further expansion. Users are welcome to check out the Pre-Sale that is already live here. What is StakeLayer? StakeLayer is looking to introduce a novel approach that expands the functionality of Bitcoin beyond basic transactions and savings, paving the way for new applications within the Bitcoin ecosystem. By leveraging restaking mechanisms on Bitcoin’s L2 applications, StakeLayer aims to enable participants to potentially earn rewards through Proof-of-Stake activities. This innovation broadens the utility of Bitcoin beyond the traditional Proof-of-Work co

Most Trending Cryptocurrencies on Polygon – Defy, Farcana, Pearl

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The Polygon chain leads the layer two crypto category in innovation and efficiency. Recently, It announced a collaboration with OKX exchange, which led to the launch of the X Layer network. The mainnet launch of the X Layer resulted in an OKB price surge as it posted significant gains in the last 48 hours.  Similarly, there’s been a rise in the visibility of the asset in the Polygon ecosystem. Therefore, this post explores the market data of the top trending holdings in the network. It also highlights how increasing visibility affects their short and long-run price.  Next Cryptocurrency to Explode The lingering crypto bear market is threatening the return of the bull market. Older cryptop projects suffer the most impact as they lose the marginal gains they’ve amassed in the bull run. However, the trends are slightly different with presale cryptocurrencies. Projects in the category have recorded an increased influx of funds as investors seek emerging crypto opportunities. Hence, this

MANTRA’s incubation program launched at the Dubai World Trade Center

MANTRA, a security-first RWA Layer-1 blockchain, has announced a new incubation program set to launch at the Dubai World Trade Center (DWTC), fueled by an impressive $11 million funding round led by Shorooq Partners, as per the information shared with Finbold on April 16. This project underscores MANTRA’s commitment to driving innovation in the Real World Asset (RWA) tokenization, particularly in the Middle East and North Africa (MENA). Nurturing new nascent projects in the RWA landscape In collaboration with Virtuzone, a prominent corporate service provider in the United Arab Emirates (UAE), MANTRA aims to nurture emerging projects both within its own ecosystem and the broader RWA landscape by offering financial backing, licensing, as well as banking and administrative services. Picks for you Nimiq Pay to transform the crypto payment landscape 15 mins ago Binance Academy brings Web3 courses to leading European universities 15 mins ago Opportunity? Cardano