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Metaplanet stock price crashed another 12% on Wednesday, hitting the lows of 1,256 JPY as the Bitcoin holding firm kickstarts its “555 Million Plan” with an initial fundraise of $517 million. Over the past week, the stock has corrected nearly 26% from its 12-year high of 1,900 JPY attained last week. On the other hand,
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Despite Bitcoin clocking a fresh all-time high above $111,000, XRP, like many altcoins, continues to struggle to reclaim previous highs. In 24 hours, XRP price has registered a modest 3.6% gain despite a 250M whale move. So, why is the price stalling, and what should traders expect next from XRP? XRP Price Struggles Despite 250M Buying Spree On-chain data shows that on May 21, a whale address moved nearly 250M XRP tokens from the Kraken exchange. In most cases, heavy accumulation by XRP whales often precedes notable gains in price as demand surges and the supply on exchanges drops. XRP Whale Activity However, this was not the case this time around. In the last 24 hours, Ripple price has fluctuated between a daily low of $2.33 and a daily high of $2.43. At press time, XRP has posted the least gains compared to other top altcoins like Solana, Dogecoin, and… Read More at Coingape.com
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Bitcoin is testing range lows, and Ethereum has tapped its lowest price since November 2023 today – so it’s a huge opportunity for traders to secure discounted prices before the next leg up.
But what are the best crypto to buy? This article reviews five promising projects that could have 100x potential this year.
Solaxy is building the first-ever Solana layer 2 blockchain. Using off-chain computation and transaction bundling technology, the project will eradicate Solana’s congestion issue.
It’s a huge leap forward for the Solana ecosystem, making it cheaper, faster, and more reliable. This will open Solana to new users and use cases, potentially creating billions of dollars in new value.
And right now, SOLX is undergoing a presale. It’s a way for investors to join from the start. The presale has raised $25.7 million so far. It’s currently priced at $0.001658, but this will rise throughout the campaign.
Solaxy is at a rare juncture right now. Not only is it opening Solana to new possibilities, but it’s also available to buy from the ground floor. For SOLX presale participants, this setup could give 100x gains.
MIND Of Pepe is a new Pepe-themed AI agent that aims to make its holders money. The agent has a wide range of abilities, including trend analysis, launching tokens, interacting with dApps, and even writing social media posts.
It covers all angles, from identifying trading opportunities to creating them and then shaping social discourse around them.
But its bread-and-butter is trend analysis. MIND Of Pepe will consolidate social media and on-chain data into actionable insights to predict future trends, helping MIND holders know what to buy and when.
Moreover, it can also fill gaps in the market by launching its own tokens. Again, MIND holders will have first access, providing them with the best entry prices.
The project is undergoing a presale and has raised $7.2 million so far.
As MIND Of Pepe seeks to make its community more profitable, the project is positioned to amass significant adoption, which could make the MIND presale a highly lucrative opportunity for traders.
Bitcoin, Ethereum, and XRP are all down today, as are many smaller altcoins. However, Mantra continues to push ahead in what’s becoming a running theme throughout the past year.
While the total crypto market cap is down 3.8% in the past 24 hours, Mantra is up 2.5% in the same window. It’s clear that investors see real value in the Mantra use case.
The reason is that Mantra is a real-world assets-focused layer 1 blockchain, providing a regulatory-adherent environment for institutions to tokenize their assets.
It’s a use case that veers outside the walled garden of normal crypto use cases and penetrates the traditional financial system. And it isn’t just today that Mantra has outperformed the market. Its price has surged by 2,000% in the past year.
Mantra has a $6 billion market cap, so it’s unlikely to give 100x gains this year. However, given its immense strength and focus on institutional adoption, there’s every chance it will become a top-five cryptocurrency and potentially rival XRP and Ethereum in the coming years.
Hedera offers an alternative to traditional blockchain platforms with its Hashgraph distributed ledger technology. Unlike conventional blockchain systems, Hedera’s architecture provides improved efficiency in several key metrics.
The platform processes transactions with fees of approximately $0.0001 USD and confirmation times under five seconds. Hedera’s network can handle more than 10,000 transactions per second, which compares favorably to the 5-20 TPS typical of many proof-of-work blockchains.
HBAR Hedera Hashgraph Crypto Price News Today – Price Prediction and Technical Analysis!
HBAR, the network’s utility token, experienced significant price movement in late November 2024, rising from $0.04 to $0.37 before settling at around $0.20. This price activity reflects growing market awareness of the platform’s capabilities, with the recent downturn being attributed to the general crypto market.
According to crypto analysts at More Crypto Online, HBAR is looking for downturn confirmation between $0.09 and $0.016. However, its mid-term outlook is extremely positive, with potential targets at $0.4 and $0.6.
With a governance structure managed by the Hedera Governing Council and features designed to support enterprise applications, Hedera aims to address practical business needs while maintaining security and decentralization principles. As organizations continue to explore blockchain alternatives, Hedera’s focus on performance and regulatory compatibility may position it for increased adoption.
BTC Bull Token is a Bitcoin-themed meme coin that pays its holders Bitcoin rewards. The idea is to increase Bitcoin ownership among meme coin fans and offset some of the volatility of meme coin investing through airdrops.
Users will receive free BTC and BTCBULL airdrops at key milestones on Bitcoin’s journey to $1 million. At the same time, Bitcoin-related cryptos tend to track Bitcoin’s price, so we can also expect the BTCBULL price to grow as Bitcoin rises.
Users also earn even more via the project’s staking mechanism, which is live now and offering a 123% APY.
BTC Bull Token also has a burn mechanism, which destroys a portion of the total supply at key price milestones.
The project is available to buy via an ongoing presale, which has raised $3.4 million so far.
With Bitcoin rewards at its core and multiple other community reward initiatives, meme coin fans are scrambling to buy BTCBULL. This positions it for significant growth in the coming months.
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Bitcoin is testing range lows, and Ethereum has tapped its lowest price since November 2023 today – so it’s a huge opportunity for traders to secure discounted prices before the next leg up. But what are the best crypto to buy? This article reviews five promising projects that could have 100x potential this year. Solaxy …
South Korean presidential candidates are making Bitcoin ETF approvals a central campaign promise as they compete for the support of the country’s substantial cryptocurrency voting bloc ahead of the June 3 election. Democratic Party leader Lee Jae-myung announced on May 6 his commitment to legalizing spot crypto ETFs, alongside promises to lower transaction fees and enhance consumer protections.
The race to secure support from South Korea’s massive cryptocurrency voting bloc has intensified as presidential candidates recognize the electoral power of the country’s 16 million crypto investors. As per research published by Point Daily, these investors make up almost 36% of the 44.25 million eligible voters in South Korea.
Because of how widely used cryptocurrencies are in South Korea, crypto policy has become a key campaign issue. In Korea, the market value of bitcoin has surpassed 2,600 trillion won. It is currently on par with the total worth of all businesses included in the Korea Composite Stock Price Index (KOSPI).
The ruling People Power Party has shared seven major crypto-related initiatives on its platform. These include eliminating the one-exchange-one-bank arrangement, making it official for corporations to trade virtual assets, allowing spot trading of Bitcoin ETFs within the year, and making South Korea a global center for virtual assets.
Democratic Party leader Lee Jae-myung’s May 6 announcement marked his first mention of cryptocurrency policy during the campaign. Lee framed his crypto-friendly proposals as part of a plan to provide better investment opportunities for Korea’s youth. He stated, “I will create a safe investment environment so that young people can [build] assets and plan for the future,” according to The Korea Economic Daily.
Lee’s Democratic Party currently leads in the polls with 42% support, based on a survey conducted by Korea’s National Barometer Survey between April 24 and 30. The acting president, Han Duck-soo, trails with just 13% support. In addition, with both major parties now actively courting crypto voters, Bitcoin ETF approval has surfaced as a common promise in their respective platforms.
South Korea’s existing regulatory environment for cryptocurrency includes a number of restrictions that both of the top contenders are now vowing to alter. Perhaps the most controversial policy is the “one-exchange-one-bank” policy. This policy restricts cryptocurrency exchanges from relying on a single bank for real-name verification services. The policy has been criticized for inhibiting market competition and restricting user choice.
The People Power Party has also pledged to eliminate this regulation as part of its seven flagship crypto initiatives. Institutionalizing corporate virtual asset trading is also on its agenda. This would allow corporations to deal more directly with the cryptocurrency market.
Lee Jae-myung’s proposals cover spot Bitcoin ETFs, lower transaction fees, and implement stronger consumer protections. His announcement contained limited information on when things will commence.
Commitments by both sides to the approval of spot Bitcoin ETFs would align South Korea with other major economies like the United States, which approved spot Bitcoin ETFs. In addition, this regulatory alignment would most likely trigger institutional investment in cryptocurrencies in South Korea. Crypto ETFs are becoming extremely popular in the United States. As per a recent rumor, Binance founder CZ was reportedly involved in the Binance Coin ETF filing.
In one of the recent filings, Bitwise also filed for a NEAR ETF with the US SEC. This has been a common pattern with the surge in altcoin ETF filings.
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