One savvy memecoin trader is attracting attention for having turned $8,524 into $12,800,000 within weeks. According to blockchain tracking firm Lookonchain, one trader is looking at massive profits after buying and selling memecoin Pepe (PEPE). “jwynn.eth (@JamesWynnReal) spent $8,524 to buy 2.83 trillion PEPE in the early stage and sold 1.81 trillion PEPE for $4.57 million. He currently holds 1.02 trillion PEPE ($8.25 million) in three wallets. The total profit on PEPE is ~$12.8 million, a gain of 1,503x!” Lookonchain also noticed another smart trader made off with big gains by trading Book ..read more

A widely followed crypto analyst is expressing bullish sentiment on Bitcoin (BTC) days after the halving took place. The analyst, pseudonymously known as Bluntz tells his 257,100 followers on the social media platform X that Bitcoin is preparing to break out according to price action on the two-hour chart. Based on the pseudonymous analyst’s chart, Bitcoin appears to form a symmetrical triangle on the two-hour chart. Symmetrical triangle patterns can either be bullish or bearish – bullish if the price breaks out above the upper trend line and bearish if the price breaks down below the lower t ..read more

Top US-based crypto exchange Coinbase is listing a new security-focused Ethereum (ETH) altcoin, along with other major platforms. Coinbase announced via the social media platform X that the crypto project Safe (SAFE) landed a listing on the platform as an “experimental asset.” “Safe is now live on Coinbase.com and in the Coinbase iOS and Android apps with the ‘experimental’ label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” The platform uses the experimental asset label for tokens that pose certain risks such as price swings and canceled orders b ..read more

A widely followed crypto strategist believes that a layer-1 altcoin running on a hybrid consensus mechanism will do big rallies this year. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that he’s bullish on Core (CORE). According to the analyst, CORE looks strong after erasing most of the losses witnessed earlier this month. “CORE: These [Fibonacci levels] have held up extremely well. The chart also looks very solid. I have a bag of this one and think it’s going to do big numbers in 2024. Wouldn’t personally buy around this current $2.70-$2.90 l ..read more

A closely followed analyst is predicting an imminent massive breakout for Ethereum (ETH) competitor Solana (SOL). Pseudonymous analyst Bluntz tells his 256,800 followers on the social media platform X that SOL appears to be printing a bullish pattern on the four-hour chart, setting higher lows. “SOL gearing up for a violent breakout here in my opinion.” Source: Bluntz/X The trader also uses Elliott Wave theory, which states that a bullish asset often witnesses a fresh leg up after a three-part ABC correction. Looking at his chart, the trader suggests SOL completed the ABC correction after a r ..read more

A closely followed crypto strategist believes that one memecoin is ready to witness mostly bullish price action. Pseudonymous analyst Inmortal tells his 212,700 followers on the social media platform X that Floki (FLOKI) looks primed to ignite bursts to the upside. Inmortal shares a chart suggesting that FLOKI had a failed breakdown after the meme token recovered a key support level at around $0.00015. “Price following my squiggly line perfectly. FLOKI pumped on 4/20. Don’t underestimate the power of memes. Now above KEY level, up only soon.”  Source: Inmortal/X Looking at the trader’s c ..read more

The top US-based crypto exchange by volume is listing a new artificial intelligence (AI) altcoin. According to Coinbase via their social media platform X account Coinbase Assets, new crypto project Karrat (KARRAT) will be listed on the platform as an “experimental asset.” “Karrat (KARRAT) is now live on coinbase.com & in the Coinbase iOS & Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” According to Coinbase, the exchange adds the experimental asset label “to certain tradable assets that are eith ..read more

A decentralized cloud computing altcoin is soaring after Korea’s biggest crypto exchange announced support for the digital asset. Akash Network (AKT) shot up Tuesday from a low of $4 to a high of $6.74, a more than 68% increase after crypto exchange Upbit announced support. Source: CoinGecko/X At time of writing, AKT has retraced slightly to $5.30 and is sitting at a market cap of $1.2 billion. Akash Network is a decentralized open-source cloud network that supports decentralized finance (DeFi) applications and organizations, as well as machine learning, blockchains and AI. Last month, A ..read more

A popular crypto analyst says technical indicators are suggesting that the altcoin market is gearing up for a massive breakout. Pseudonymous analyst TechDev tells his 446,400 followers on the social media platform X that the altcoin market cap structure may be repeating a historic bullish pattern. “Altcoin accumulation. The most vertical leg since 2021 appears on deck.” Source: TechDev/X Looking at his charts, the analyst suggests that the crypto market cap, excluding the top 10 digital assets, is repeating a pattern seen during the 2016 and 2021 market cycles when it broke out, retraced and ..read more

A closely followed analyst believes that Bitcoin (BTC) will likely see a new all-time high in the next two weeks. Pseudonymous analyst Bluntz tells his 256,600 followers on the social media platform X that Bitcoin is in the midst of a wave three surge. Bluntz utilizes the Elliott Wave theory in his analysis. The theory states that an asset tends to witness a five-wave rally with wave three being the longest and the strongest move up. Says Bluntz, “Expecting fresh BTC all-time high within the next one to two weeks. From a macro standpoint, I think we’re currently in a wave five of a larger wav ..read more