Altcoins

$DOGEVERSE Presale Raises Over $15M, Altcoins Surpass Stablecoins

Published

9 months ago

13 May, 2024

$DOGEVERSE Presale Raises Over $15M & Is Nearly Done, Altcoins Outperform Stablecoins

$DOGEVERSE Presale Raises Over $15M and Almost Completed, Altcoins Outperform Stablecoins

While serious cryptocurrencies like $BTC and $ETH are falling (-8.72% and -10.42% monthly decrease respectively), meme coins are on the rise.

The price of $TRUMP increased by 21% in the last 24 hours and 40% in the last month; $APU saw a 27% monthly and annual increase of 1,104%. Other altcoins are following suit, including presale tokens like $DOGEVERSE.

THE the first multi-chain meme coin has already raised over $15 milliondegenerate investors rushing to get their share, as less than 15% of the tokens allocated for the presale remain.

Could $DOGEVERSE become the next $DOGE? Why are altcoins outperforming major cryptocurrencies? Let’s break it down.

Centralization and regulatory scrutiny are destabilizing the crypto market

Although the current situation does not yet constitute a bear market, prices of established coins have recently been on a downward trend despite significant gains since the start of the year (BTC has increased by 130%$ETH by 64%and $SOL by 566%).

Ethereum Price Trend

A potential $XRP Robinhood List could be one of the reasons for this change. On the surface, Ripple’s victory against the SEC, its re-listing on major CEXs and the likely introduction of $XRP ETFs should revive investor confidence.

Yet the use of custodians presents a trend toward centralization, in which third-party platforms hold the keys to investors’ coins and therefore control their assets.

Actually, the SEC is now going after Robinhood itselfdelivering him a Well Notice regarding alleged securities violations. Previously, the SEC had targeted UniswapConsensys and several other popular trading platforms.

Add tighten crypto regulations in the United States and beyond, the imprisonment from the former CEO of Binance, and $USDT loses its anchor to the mix, and a perfect storm is brewing.

Recent Research from Deutsche Bank casts an even darker cloud over stablecoins, warning of a scenario in which $USDT Unpegging Could Trigger Huge Losses for Leveraged Traders and destabilize the entire crypto market.

Investors flock to Altcoins amid crypto uncertainty

Given the uncertainty surrounding $BTC and $USDT, the rise of speculative coins is not as surprising.

Investors are flocking to volatile assets that may not show long-term potential, but offer quick returns and help offset losses in established coins.

Meme coins like $WIF and $PEPE do not act as a hedge against inflation and are rarely useful, but they are more attractive to investors in situations where long-term holdings are at risk.

DogWifHat Price Trends

$DOGEVERSE Presale Reaches Its Final Stages

Running simultaneously on Ethereum, BNB Chain, Polygon, Solana, Avalanche and Base$DOGEVERSE provides seamless interoperability and aims to dominate through choice rather than limitations.

Additionally, projects like Dogeverse could change the coin landscape.

Wormhole and Portal Bridge technology allows $DOGEVERSE to secure cross-chain navigation, reduce transaction fees, and provide flexibility to traders.

This approach perpetuates the projectbecause it does not depend on the performance of a single network.

Additionally, early investors can stake their $DOGEVERSE immediately with up to 62% dynamic APY to maximize their returns at the end of the pre-sale. Analysts like Jacob Bury predict that $DOGEVERSE 100x increase after listingbut only time will tell what the future holds.

These factors caused investors to flock to the $DOGEVERSE presale, resulting in a surge over $15 million to date and only one step left until the token is claimed.

💰$DOGEVERSE currently costs $0.00031, so $1,000 can buy over 3 million tokens.

It’s no wonder some investors are buying tens of thousands of tokens.

Dogeverse transaction log

HAS buy $DOGEVERSE, visit the pre-sale site, connect your wallet, select the network, enter the number of tokens you want to buy and confirm the transaction. You can stake your tokens immediately or HODL and receive them at the end of the presale.

⚠️Beware of scammers trying to replicate the project and only use the official pre-sale link.

Final Thoughts

After crossing the $15 million milestone, $DOGEVERSE presents the last chance for investors to obtain tokens at a price lower than the listing price.

Faced with uncertainty surrounding major players and increased regulations, investors are seeking refuge in alternative assets, and memecoins are responding with unexpected resilience.

However, in these volatile times, we must remind you to always DYOR and never invest more than you are willing to lose.

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Altcoins

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Published

6 months ago

29 July, 2024

CoinFlix Staff

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Popular crypto analyst Michael van de Poppe has highlighted his altcoin portfolio approach in light of the new Ethereum ETF. In a recent Youtube videoThe analyst explained the measures he would take for this major market event.

The Ethereum ETF was listed on the stock exchange and it took time to get approval and so far there has been no significant change in price. The analyst pointed out that the long-term effect could be quite significant, comparing it to the situation of the Bitcoin ETF where the initial decline was followed by large inflows.

According to Van de Poppe, the Ethereum ETF’s trading volume on the first day of trading was about 25% of the volume Bitcoin ETF He noted that the first day of trading was marked by low inflation, and said there was a net inflow of $150 million to $160 million, which reduced the available supply.

Altcoins are poised for growth

The analyst said that as Ethereum adoption increases in the future, the supply of Ethereum will decrease, which is a deflationary model. Ethereum is up about 15% since the ETF approval, the broader market reaction has yet to happen as several sell-offs have taken place, including the Grayscale Trust.

Van de Poppe also mentioned other important market events, including the end of Mount Gox The process of repaying creditors initially caused tensions in the markets, but had little effect subsequently. It also highlighted the role of macroeconomic factors, which can lead to Fed rate cuts, which can affect markets.

In this regard, looking at van de Poppe’s strategy, he is still keen to trade within the altcoins of the Ethereum ecosystem. He stated that there is a possibility of short-term price fluctuations that may discourage many people, but the long-term still looks good due to the improvement and adaptation that has been made to Ethereum and its environment.

According to the analyst, substantial inflows could propel Ethereum towards new historic highs with estimates ranging from $5,000 to $7,000. Despite the current market fluctuations, he is confident that macroeconomic changes and greater liquidity will be favorable for altcoins.

He explained that his broad approach to altcoins, especially those associated with Ethereum, will be beneficial because the market will react differently to these events. The basis for his optimism comes from the fact that he believes that Ethereum and all associated projects are still extremely undervalued and have the potential to skyrocket as sentiment changes.

Looking ahead and market adjustments regarding the Ethereum ETF and other macroeconomic factors, the analyst remains bullish on altcoins. He suggested investors stay informed and believe that in the ever-changing world of crypto, they will eventually be rewarded.

Fuente

Altcoins

Altcoins Are Severely Undervalued, Awaiting Ethereum Move | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

IntoTheBlock Releases Report on Institutional DeFi Trilemma

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Altcoins

Altcoins Correct Amid ETH Decline, Grayscale Outflows | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

Disclaimer

Fuente

Altcoins

Epic Altcoin Rally Expected for August and September

Published

6 months ago

28 July, 2024

CoinFlix Staff

Crypto analyst predicts massive altcoin rally similar to Q1 2024, urging patience and accumulation.
Bitcoin’s potential as a reserve asset and its technical patterns suggest that it will drive the rise of the cryptocurrency market.

Captain Faibik, a renowned crypto analyst, has created excitement in the cryptocurrency sector with his latest prediction. He indicated that we are on the cusp of a massive altcoin rally, similar to the one we saw in Q1 2024.

We are on the verge of a massive Altcoin rally, similar to Q1 2024📈

Keep accumulating and hold with patience. (Patience will be rewarded)

The majority of #Altcoins have already hit rock bottom and are about to escape.

In my opinion, August-September is going to be epic for Altcoins.🚀🚀#Crypto pic.twitter.com/cMdHagiaYc

— Captain Faibik (@CryptoFaibik) July 24, 2024

Accumulating and Holding Altcoins: The Path to Potential Profits

He stressed the need to accumulate altcoins and hold them patiently, as it will eventually pay off. According to him, the majority of altcoins have already bottomed out and are about to break it. He believes August and September will be epic months for altcoins.

In a chart posted by Captain Faibik, the overall crypto market cap, excluding Bitcoin and Ether, known as TOTAL3, is approaching the upper boundary of a descending channel pattern.

This context suggests a potential breakout and a significant rally towards the $1 trillion mark. Technically, the decline since mid-March is interpreted as a corrective trend for the value of TOTAL3, signaling a preparation to enter a rally structure.

Bitcoin’s influence and legislative developments suggest good prospects for the future

Furthermore, based on sentiment and technical patterns, Bitcoin, the world’s leading cryptocurrency, appears poised to lead the charge in the cryptocurrency market. Bitcoin’s performance often sets the tone for the market as a whole, and a strong move in BTC could trigger a significant rally in altcoins.

Previously, as we have already said reportedSenator Cynthia Lummis said she plans to introduce a bill at the upcoming Bitcoin conference that would require the Federal Reserve to hold Bitcoin as a reserve asset.

If this law passes, the US will treat BTC as a long-term investment rather than selling huge amounts infrequently, which could disrupt the market.

In addition, asset management firm VanEck has proposed a bold scenario in which Bitcoin Price Could Reach $2.9 Million Per BTC By 2050based on its fundamental outlook. Matthew Sigel, head of digital assets at VanEck, and senior investment analyst Patrick Bush noted that their estimate is based on Bitcoin’s adoption as a global medium of exchange and reserve asset.

As Bitcoin price increases, altcoins are expected to gain popularity, indicating the start of a bullish rally shortly after the BTC halving event.

Meanwhile, at the time of writing, the price of BTC was hovering around $67,007.99up 4.67% over the past 24 hours following a short-term correction.