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Binance founder Changpeng Zhao (CZ) has revealed that his exchange allowed users to buy, hold, and sell XRP tokens amid the Ripple-SEC case. CZ’s latest comments come as Ripple eyes a resolution to the case while institutional interest in XRPL heats up. Binance Did Not Delist XRP, Says Changpeng Zhao As Ripple signals a close
The post Binance Never Delisted XRP During Ripple Lawsuit, CZ Comments appeared first on CoinGape.
The post 3 Undervalued Cryptos Set To Skyrocket: Cardano, Remittix and Dogecoin appeared first on Coinpedia Fintech News
When there’s an altcoin bull market, returns can be astronomical if you position yourself with the right, undervalued crypto. In this article, we’ll look at three alts that we think could perform exponentially. New token Remittix, whose presale has taken the market by storm. Also, older and more established altcoins Cardano and Dogecoin, both of which have potential as mainstream adoption continues. All three have great potential, but let’s see why.
Remittix is already one of the most exciting projects in crypto right, while its presale is still ongoing. Since launching at just $0.015, $RTX has skyrocketed over 400% and has a local price of $0.0781, at time of writing.
With over $15.3 million raised and growing investor interest, Remittix is being touted as a market leader after it launches its mainnet. But what is it about Remittix that’s caught so much attention so early?
The platform is built using a PayFi protocol, which enables users to send crypto to a bank account. Over 40 different cryptocurrencies and 30 different fiat currencies are available and with no FX fees, it’s cheaper and faster, making Remittix a more efficient option compared with existing payment solutions.
With its mainnet launch on the horizon, excitement is building. Analysts have been bullish since it was first announced, but the presale has exceeded all expectations. As the presale nears its final stages, Remittix could be a powerful force in the next wave of crypto adoption, and with it being so early, it could be at least 50X from here.
Cardano is beginning to gain traction ahead of its May 27 update, which will enable Bitcoin DeFi integration. This is expected to make Cardano a serious player in the DeFi space. Founder Charles Hoskinson confirmed, “Taproot enables Bitcoin to generate yields, unlocking new revenue paths for holders.”
This integration will make Cardano a bridge between Bitcoin and smart contracts, which could attract billions in BTC liquidity. The price is responding, as we can see on the daily chart: ADA has formed a textbook Cup and Handle pattern, suggesting continued upside.
The SEC has postponed its ruling on Grayscale’s proposed Dogecoin Trust ETF, citing ongoing caution around altcoins and memecoins. Despite this, however, Dogecoin’s technical setup remains bullish and has broken above a year-long trendline, which could mean a possible long-term trend reversal.
According to analyst Marco Polo, “The breakout from the falling wedge marks a significant shift in trend.”
DOGE currently holds support at $0.217, with short-term targets at $0.27 and $0.30 within sight. Resistance could hit toward $0.35 and $0.45, but if the market remains bullish, then the Dogecoin price could rip.
When alt season kicks in, it’s time to strap in and enjoy the ride. Unlike previous cycles, not every altcoin will rip so making sure you’re positioned with something that offers utility is essential.
Remittix is what DeFi has long promised and is exciting for any investor. Cardano could be the platform that handles Bitcoin DeFi and if it does, then the price might be dwarfed by the cycle peak. Also, never write off Dogecoin because although memecoins are infamous for their lack of utility, Dogecoin boasts brand recognition, which plays a big role in the memecoin space.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
The post 3 Undervalued Cryptos Set To Skyrocket: Cardano, Remittix and Dogecoin appeared first on Coinpedia Fintech News
When there’s an altcoin bull market, returns can be astronomical if you position yourself with the right, undervalued crypto. In this article, we’ll look at three alts that we think could perform exponentially. New token Remittix, whose presale has taken the market by storm. Also, older and more established altcoins Cardano and Dogecoin, both of …
After months of decline, Solana meme coins are regaining bullish momentum. Daily trade volumes are increasing dramatically, and most of the leading tokens are posting notable price gains.
The increasing network activity is also helping Solana to recover after a 12-month low. Most recently, pump-and-dump schemes and tariff chaos rocked the meme coin sector, but speculative assets are regaining momentum as macroeconomic fears start to cool down.
Solana meme coins have been a popular sector of the crypto ecosystem, but a few controversies have taken bites out of the market in recent months.
In addition to pump-and-dumps and the Argentinian LIBRA scandal damaging these assets’ reputations, tariff-related chaos helped draw investors away from these meme assets. Despite this, however, volume is picking back up:
“Meme trading platform Axiom’s daily trading volume exceeded $100 million for the first time on April 14, accounting for about 50% of the market share of Solana Meme trading platform. The number of trading users reached 26,800, a record high,” claimed Colin Wu.
Axiom may represent half of the trading for these assets, but it isn’t the only site with heightened volumes. Pump.fun recently launched Pumpswap, a new decentralized exchange that quickly captured 14% of Solana’s DEX market.
Trading volumes are spiking on PumpSwap, with daily trading volume surging by 50% on Tuesday, April 15.
Data from DefiLlama shows that DEX trading on Solana is starting to recover after a massive drop in March. In other words, Solana meme coins’ growth isn’t isolated to either of these platforms either.
These stats have a long way to go before they recover their all-time high from January, but these signs of regrowth are still very promising.
Additionally, individual Solana meme coins are making huge strides in price performance. In the last week, eight of the ten largest assets in this category posted double-digit gains.
One of the two losers this week was TRUMP, which has been adversely impacted by tariff chaos and the latest token unlock. Nonetheless, it managed to achieve a 4.5% price jump. Most of the top ten had gains of over 20% during this period.
This increased network activity is also reflected in Solana’s price. Last week, it began recovering from a 12-month low and has since rocketed up with 20% price gains.
For now, it seems like Solana meme coins are eyeing a real comeback, at least for the short term. However, another macroeconomic shock could see these risk assets reacting more severely than the wider market.
The post Solana Meme Coins Are Eyeing a Comeback as Trading Volumes Surge appeared first on BeInCrypto.
Onyxcoin (XCN) has jumped 20% this week, marking a double-digit rally that has caught the attention of institutional investors.
As the altcoin’s price climbs, technical analysis reveals a rise in accumulation from large investors, often called “smart money,” signaling increased optimism about the token’s short-term price growth.
The surge in institutional interest is evident in XCN’s climbing Smart Money Index (SMI). As the token’s price rallied over the past week, its SMI has also climbed and currently stands at 0.91.
The SMI indicator tracks the trading activity of institutional investors, often considered the “smart money.” It analyzes intraday price movements, focusing on the first and last trading hours.
When the SMI rises alongside an asset’s price, major investors are accumulating positions, indicating confidence in the asset’s upward trend. This alignment between XCN’s SMI and its price rally is a bullish signal, reflecting strong market sentiment and the potential for a continued price increase.
Moreover, readings from XCN’s Moving Average Convergence Divergence (MACD) indicator support this bullish outlook. At press time, the token’s MACD line (blue) rests above the signal line (orange).
This crossover is typically interpreted as a bullish signal, suggesting upward momentum is gaining strength. It indicates that XCN’s recent buying pressure is outpacing historical averages, which could lead to continued price gains.
On the daily chart, the XCN token rests solidly above its 20-day exponential moving average (EMA). This key moving average forms dynamic support below the token’s price at $0.017.
An asset’s 20-day EMA measures an asset’s average price over the past 20 trading days, giving weight to recent prices. When an asset’s price trades above this indicator, the bulls have market control as buying pressure outweighs selloffs.
If this trend persists for XCN, its price could break above the resistance at $0.023 and climb toward $0.028. Should the bulls flip this level into a support floor, XCN could reclaim $0.033.
However, a surge in profit-taking activity will invalidate this bullish projection. In that scenario, the XCN token value could plunge below its 20-day EMA at $0.017 and fall toward $0.0075.
The post Onyxcoin (XCN) Surges 20% as Smart Money Signals Bullish Momentum appeared first on BeInCrypto.