Key Takeaways: Memecoins have surpassed AI to become the most prominent crypto trend in 2024. They account for 31% of investor interest. Despite still being a major trend, AI performed poorly this year. It fell behind memecoins in terms of investor interest. Blockchain ecosystems like Solana and Base are growing rapidly. They are driven by [&hellip
CoinGecko: Meme Coins Are #1 Trend in 2024, Solana Dominates
2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest. This means every third user favored DOGE and PEPE over BTC. Solana, hosting tokens like BONK, WIF, POPCAT, and PNUT, still dominates the sector. Base is a runner-up with a $2.6B meme coin market cap. Other […]
Bitcoin ETFs See $1.2 Billion Outflow in Just Three Days
Bitcoin ETFs in the U.S. have faced three days of consecutive outflows, totaling nearly $1.2 billion. This streak, leading up to Christmas, included a record single-day outflow of $680 million on December 19. Source: https://unchainedcrypto.com/bitcoin-etfs-explained/ Before this downturn, Bitcoin ETFs […] The post Bitcoin ETFs See $1.2 Billion Out
Bitget Token Surprises the Market by Rising 813% in 2024: Can You Predict Its 2025 Value?
Bitcoin and meme coins have grabbed headlines in the latest crypto rally. However, one token gained 231% in value over the last 30 days and 813% in the past year. Interestingly, it’s not a meme token but is backed by a crypto exchange – the Bitget token (BGB). The rise of the Bitget token has […]
Solana (SOL) Gearing Up: Is a New Surge on the Horizon?
Solana remained stable above the $175 level. SOL price is now recovering losses and facing hurdles near the $200 and $205 levels. SOL price started a fresh increase after it tested the $175 zone against the US Dollar. The price is now trading above $190 and the 100-hourly simple moving average. There was a break […]
DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report
According to a report published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols witnessed a steep decline in exploits in 2024, while centralized finance (CeFi) platforms more than doubled their losses due to security breaches. DeFi Platforms Show Better Security Mechanisms In its annual “Web3 Security Report,” Hacke
XRP Price Battles Key Hurdles: Can Bulls Prevail?
XRP price corrected some losses and climbed above the $2.25 zone. The price is now struggling to clear the $2.350 resistance zone. XRP price is attempting a fresh increase above the $2.250 resistance zone. The price is now trading above $2.25 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming […]
Litecoin’s Quiet Growth: Average Active Users Jumped 10% In 2024
On-chain data shows the Litecoin Daily Active Addresses indicator has seen a significant increase this year as compared to the last one. Litecoin Average Active Addresses Have Been Notably Higher This Year In a new post on X, the market intelligence platform IntoTheBlock has discussed about the year-on-year growth in the Daily Active Addresses for
Ethereum Price Approaches Critical Resistance: A Turning Point?
Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,350 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with […]
Bitcoin Sentiment Still Close To Extreme Greed: More Cooldown Needed For Bottom?
Data shows the Bitcoin market sentiment is still quite close to the extreme greed zone, a potential sign that a further price cooldown may be needed before a bottom. Bitcoin Fear & Greed Index Still Has A High Greed Value The “Fear & Greed Index” refers to an indicator created by Alternative that tells us […]