ZKGROK, a ZKsync-based token, has experienced an incredible overnight surge, skyrocketing 130x in value. This unexpected pump has propelled the token to the third position on DEXtool’s hot pairs. Investors who got in early have reaped substantial profits. However, many are beginning to wonder if the next big thing in the meme coin market could
Analysis
In the world of cryptocurrency, fear of missing out, commonly known as FOMO, possesses extraordinary power. It triggers a frenzy of activity among experienced crypto investors whenever new projects announce their token presales, enticing speculative money in pursuit of exponential gains. The recent price surges of BRC20 projects like Multibit (MUBI) and Rats Ordinals (RATS)
Shiba Inu (SHIB) has been facing a struggling performance recently, with the price falling -11% after being rejected from upper trendline resistance. This has left some bag-holders wondering if SHIB is going to zero. Adding to the uncertainty, large amounts of SHIB have been moving on-chain, with a massive 4.2 trillion SHIB being transferred between
The first ever BRC-20 token Ordinals (ORDI) has recently experienced a significant surge of +32% in price, breaking out of a period of consolidation. This rally is part of a broader trend among BRC-20 tokens, which have witnessed upside momentum due to recent listings on Binance. While the surge in price is undoubtedly enticing, investors
In a promising partnership, Patientory Inc., a healthcare blockchain company, has joined forces with Wharton Impact Venture Associates (WIVA) students in a capital raise agreement. This collaboration aims to tackle the industry’s challenges surrounding data accessibility and advance the development of Patientory’s innovative solutions. Leveraging the power of blockchain technology, Patientory seeks to revolutionize healthcare
The recent $195 million token unlock of Aptos (APT) has led to a significant drop in its price, leaving many investors concerned about the future of the cryptocurrency. With 24.8 million tokens released onto the market, there is now an increased circulating supply, causing hesitation among traders. Furthermore, the drop in developer activity has further
In recent months, there has been a significant trend in explosive rallies of DEX-traded tokens. Among these moon-shots, DONK token has emerged as the latest skyrocket, experiencing a 4.5x price pump. This surge in spin-off tokens can be attributed to the widespread FOMO among retail investors who have joined the meme coin party late. DONK’s
Osmosis (OSMO), the leading decentralized exchange (DEX) on the Cosmos (ATOM) blockchain, has experienced a significant price surge of over 25%. This surge can be attributed to a major development within the Cosmos network, where the merging of the two largest DEXs on the blockchain, Osmosis and Umee, is set to take place. This recent
The crypto market continues to exhibit cautious trading and consolidation after experiencing recent volatility. Bitcoin and Ethereum, the two leading cryptocurrencies, are currently experiencing minor price fluctuations, showing signs of recovery after significant corrections. Bitcoin is currently trading around $41,960, experiencing a slight decrease of only 0.17% in the last 24 hours. On the other
LFNTY Coin, a Solana-based altcoin, has experienced an impressive 20,000% gain in the past 24 hours. This surge has propelled its trading price to $1.6521 on the Orca decentralized exchange. The coin was recently listed on Orca, and within a day, its price skyrocketed from an opening price of $0.005964 to $1.09. One of the
