Cardano (ADA) price is facing critical pressure, trading slightly above $0.90 after significant declines. The cryptocurrency struggles to regain momentum amid broader market corrections. Meanwhile, Bitcoin (BTC) remains below the $95,000 mark, reflecting persistent challenges. Both assets show signs of uncertainty, raising concerns among investors about potential market recovery trajectories in the coming days.

Will Cardano Price Double with Support in Focus?

Cardano price is approaching a crucial support level, sparking discussions about its potential for significant upward movement. The cryptocurrency currently trades within a range of $0.874 to $1.327. This range-bound movement highlights a technical zone pivotal to traders and investors.

The analyst suggests that the top altcoin has consistently formed higher lows since its swing low on December 19. This pattern signals a bullish sentiment as buyers appear to step in at increasingly higher levels. Analysts are closely monitoring the demand zone between $0.829 and $0.879, which presents a favorable entry point for accumulation based on technical indicators.

If Cardano price rebounds strongly from this demand zone, it could initiate a rally toward its short-term price targets. These targets are set at $1.10, $1.32, and $1.60, representing potential areas of resistance. Achieving these levels would require sustained buying momentum and favorable market conditions.

Technical charts further indicate that a clear breakout above the upper range could confirm bullish continuation. Such a move might signal that Cardano has regained market confidence and investment interest. 

At the time of writing, the ADA price is hovering at $0.9443, with a slight surge of 2% in the past 24-hours. Most of the cryptocurrencies are trading in sideways with BTC trading below $95k.

ADA Price Surges Amid Supply Growth

The Cardano price market displayed notable fluctuations, as observed in the chart, with total supply steadily increasing. ADA’s price surged sharply in November, hitting peaks before retracing to stabilize. 

The consistent supply growth highlights network expansion, while price volatility emphasizes market dynamics. Analysts suggest monitoring upcoming developments and market trends for potential opportunities in the cryptocurrency landscape.

Cardano’s price recovery depends on holding critical support levels and overcoming key resistance zones. Sustained momentum and favorable market trends are crucial for potential gains. Investors should remain vigilant and track developments to capitalize on opportunities.

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Dogecoin (DOGE) price, a popular meme-based cryptocurrency, is attracting attention as it shows signs of a potential bullish flag pattern. Despite market corrections, Dogecoin’s performance remains promising, signaling potential gains ahead. Crypto enthusiasts anticipate a strong rally for Dogecoin during the 2025 bull market. Here are three compelling reasons driving optimism for Dogecoin’s price trajectory.

3 Bullish Signals Pointing to Dogecoin (DOGE) Price Gaining Soon

Analyst Observes Bullish Signals for Dogecoin Amid Whale Accumulation and Market Metrics. Dogecoin’s market activity has shown promising signs as analysts highlight three bullish indicators driving optimism. Whales have reportedly accumulated 170 million Dogecoin price, signaling confidence in the cryptocurrency’s future prospects.

Recent data reveals a surge in large transactions exceeding $100,000, particularly during a market dip. This pattern indicates strategic accumulation by investors aiming to capitalize on lower prices.

Whale Activity Points to Confidence in Dogecoin Price

According to blockchain metrics, a sharp increase in whale activity is evident, with significant DOGE movements observed in the past week. Analysts emphasize that these transactions often precede price recoveries, showcasing strong interest from high-net-worth investors.

Charts show notable accumulation by wallets holding between 1 million and 10 million DOGE. This consistent accumulation trend suggests whales are confident about potential market upside.

MVRV Ratio Signals “Opportunity Zone” for Investors

Dogecoin’s 30-day Market Value to Realized Value (MVRV) ratio has entered what analysts describe as an “Opportunity Zone.” Historically, this zone reflects periods of underbought conditions, indicating that short-term holders are capitulating.

The current MVRV reading highlights a favorable entry point for new investors, reducing the risk of overvaluation. Analysts believe this metric further supports bullish sentiment for Dogecoin in the near term.

Supply Metrics Indicate Reduced Selling Pressure

Supply on exchanges has declined, indicating reduced selling pressure from traders. Lower exchange balances often correlate with a rise in long-term holding behavior, bolstering market stability.

Charts reveal a consistent reduction in exchange supply alongside the accumulation activity, reinforcing the notion of a bullish outlook. Analysts are closely monitoring this trend for potential price gains.

DOGE Technical Analysis

At the time of writing, the DOGE price is trading near $0.3340, showing mild bearish momentum. Dogecoin price has remained within a narrow consolidation range between $0.30 and $0.35. The Relative Strength Index (RSI) currently reads 44.21, hovering in the neutral zone. 

​​Dogecoin price prediction faces immediate resistance at $0.35, which aligns with recent failed attempts to sustain upward momentum. Breaking this level could pave the way toward $0.50, a key psychological target. Beyond this, the next major resistance lies at $0.7376, reflecting a historical pivot point from previous market cycles.

On the downside, $0.30 acts as a significant support level, helping to limit selling pressure. If bears breach this zone, the meme coin could revisit lower price levels, potentially retesting $0.20.

Dogecoin’s bullish signals, including whale accumulation, favorable MVRV ratios, and reduced exchange supply, indicate promising price action. Analysts remain optimistic about its future performance, with key resistance and support levels shaping its trajectory in the upcoming market cycles.

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Hamster Kombat has created history with its mind blowing hold over the world. The financial system was revolutionized when Hamster Kombat started climbing the ladder. The coin is expected to show a surge in the coming days, but it would require a technical eye to understand. It is utmost important for any trader to understand the charts and then invest their hard earned money.

In this article, you will learn how Hamster Kombat is anticipated to perform in the coming years. Read the technical analysis and everything you need to know about the coin.

The post Hamster Kombat (HMSTR) Price Prediction January 2025, 2026, 2030, 2040 – 2050 appeared first on coinpress.

Shiba Inu (SHIB) and Dogecoin (DOGE) investors may need to exercise caution as they may face a rough ride ahead as both cryptocurrencies show signs of significant price corrections. Shiba Inu recently dropped by 10% in the past week, while Dogecoin saw a 14% drop in the same period. Whale activity and a shift in investor sentiment are factors that may cause further declines. The fading hype and lack of fundamental strength could spell trouble for these popular meme coins in the near future.

Whale Activity and Market Sentiment Impacting Shiba Inu and Dogecoin

The influence of whales on the meme coin market cannot be overstated. Shiba Inu and Dogecoin have both seen significant movements driven by whale activities, often causing price fluctuations. Recently, Dogecoin whales have been dumping $219 million of DOGE.

This sell-off has contributed to the token’s decline and may trigger a chain reaction as smaller retail investors often follow the actions of large holders. With Dogecoin’s price showing weakness, this could spell trouble for the token if the trend continues.

Similarly, Shiba Inu is also experiencing heightened volatility, with its price swinging wildly over the past week. This has raised concerns that retail investors are engaging in speculative trading, rather than making long-term investments based on solid fundamentals.

The sell-offs by whales, combined with the lack of clear market drivers, could lead to a further erosion of investor confidence in both of these tokens. As the market sentiment shifts from optimism to caution, both meme coins may face challenges sustaining their price levels, which could eventually lead to significant corrections.

The Fading Hype and Fundamental Weaknesses Meme Tokens

Shiba Inu and Dogecoin have thrived on the back of community-driven hype and speculative trading rather than real-world utility. Over the years, both tokens have built massive followings, fueled by social media buzz and endorsements from celebrities like Elon Musk. However, as the novelty of meme coins begins to fade, these assets face growing difficulties in maintaining their value.

Shiba Inu has been increasingly viewed as a speculative asset, driven more by trading activity than by any fundamental development or application. Despite efforts such as the Shib token burn mechanism, the overwhelming selling pressure has continued to weigh on SHIB’s price. Besides, the SHIB token burns also plunged recently, which has weighed on the investors’ sentiment.

Similarly, Dogecoin, while holding a strong position in the top meme coin space, has no real technological advancements to justify its market value. As the crypto market matures, investors may shift their focus to more utility-driven cryptocurrencies. This could lead to price corrections as the market begins to reassess the value of these coins.

However, despite that, some market experts remained bullish on the long-term trajectory of the coins. For context, the phenomenal gains in the assets’ prices over the years have attracted many investors towards the segment. If the momentum continues, the coins may emerge as the leading players shrugging off the bearish trends.

Price Context and Technical Indicators for SHIB and DOGE Token

Both SHIB and DOGE were showing concerning signs in their price charts. Dogecoin price was currently trading at $0.3346, up by 2.09% in the last 24 hours. Notably, the token has experienced a notable 14% drop over the past week and 20% in the last month. With a market cap of $49 billion and trading volume of $2.62 billion.

On the other hand, Shiba Inu price was trading at $0.00002167, showing a slight 2.14% increase in the last 24 hours. However, SHIB has experienced a significant 10% drop over the past week and 24% in the last month. The current market cap for Shiba Inu was $12.93 billion, with a trading volume of $490 million.

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As the crypto market recovers, Pepe Coin (PEPE) price is predicted to surge, potentially delivering an 8x increase. In 2024, PEPE gained over 1,100%, securing its position as a top-performing cryptocurrency. Despite recent corrections, analysts remain optimistic about its growth potential. Investor interest in the meme-based token suggests its upward momentum could continue throughout the new year.

Pepe Coin Price: Could an 8X Surge Be Imminent?

Pepe Coin price has sparked excitement after analysts projected an 8x price increase. The analysis highlights a bullish “u-shaped” recovery pattern within an ascending channel, suggesting the potential for significant upward momentum. 

For Pepe Coin price to reach this ambitious target, its price would need to rise by more than 700%, requiring consistent buying pressure and a breakthrough of key resistance levels. 

Currently, the Pepe Coin price is consolidating near the mid-range of the channel, positioning itself for a potential breakout. The cryptocurrency must also rely on favorable market conditions, including strong investor sentiment and broader market trends. 

With analysts speculating on the possibility of an 8X rally. A major factor fueling this optimism is Bitcoin’s potential climb past $100,000, which could spark a wave of bullish sentiment across the cryptocurrency market. 

Historically, Bitcoin’s performance often serves as a bellwether for altcoins, and a breakout could bring renewed attention to meme coins like Pepe. 

A resurgence in other top meme coins could further strengthen market momentum, driving speculative interest and increasing buying activity. Whale transactions could also play a critical role in Pepe’s potential rally. Large-scale trades or accumulation by influential investors often act as a signal for broader market participation.

PEPE Coin Price Analysis

The value of PEPE is trading at $0.00001781, reflecting a 0.96% decrease in the last 24 hours. The $0.000015 support level continues to act as a critical price floor. The resistance levels at $0.00002 and $0.00003 indicate potential upward targets if buying pressure increases. 

A breakout above $0.00002000 could trigger bullish momentum, driving the PEPE price toward the $0.00003000 resistance level. Conversely, losing support at $0.00001500 could lead to a retest of lower zones.

The Relative Strength Index (RSI) shows a reading of 44, suggesting mild bearish sentiment in the market. The indicator remains below its neutral 50 level, signaling that sellers retain control. However, a move above 50 could confirm a bullish reversal.

The Moving Average Convergence Divergence (MACD) displays bearish momentum as the MACD line trends below the signal line. Despite this, the histogram narrows, hinting at a possible shift toward positive momentum in the near term.

The recent market dynamics show a striking correlation between PEPE’s price movement and whale activity in stablecoin holdings. Whales controlling over $5 million in stablecoins have adjusted their positions, signaling potential market sentiment shifts. PEPE’s price fluctuations align closely with changes in whale dominance, raising bullish speculation among investors. 

The Pepe Coin price potential for an 8X surge hinges on bullish market trends, whale activity, and strong investor sentiment. Key breakout levels, technical indicators, and Bitcoin’s performance remain pivotal in determining whether Pepe coin price can achieve its ambitious upward trajectory.

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The Shiba Inu community has burned a significant number of SHIB tokens in the last 7 days. The objective is to bring down the circulating supply to create scarcity and spike SHIB prices by leveraging the concept of demand supply. It is anticipated that prices of the second-ranked meme coin in terms of market cap will rebound in the coming days.

Shiba Inu Community Burns 87 Million SHIB

In the past week, the Shiba Inu community has burned as many as 87,175,135 SHIB tokens. This translates to 87.17 million tokens in the last 7 days with an increase of 52.74% in burn rate. The X post by Shibburn has further highlighted that the burn rate is down by 90.17% in the last 24 hours. A core objective here is to control the circulating supply of the meme coin to mark upticks in the prices. SHIB’s circulating supply now stands at 589.25 trillion.

As per an early report, Shib burn rate had declined by 72% in a single day. Thereby, triggering speculation over its impact on the price.

Effect on SHIB Price

SHIB prices, so far, have reacted positively to this development by marking an uptick of 1.33% over the last 24 hours. However, SHIB price remain significantly down by 9.52% in the last 7 days and 23.63% in the last 1 month. The 24-hour trading volume has also taken a hit of 10.29% while Open Interest has gained 31.32% of value. Overall sentiments towards SHIB are bearish with an FGI of 69 points and volatility of around 10.09%.

Removing tokens from circulating supply has worked in the past and Bitcoin is a prime example of it. BTC prices are now hovering above $90,000 months after Bitcoin Halving which happened in April 2024. Therefore, the Shiba Inu community is optimistic that the prices of its SHIB holdings will eventually navigate a way for a bull run.

What’s Next for the Shiba Inu Community?

Two factors are at play for the Shiba Inu community, namely drawing speculation for future SHIB prices and experiencing the launch of the TREAT token. SHIB prices, according to Coincodex, may grow by almost 0.52% to touch the value of $0.00002216 in the next 30 days. The nearest speculation is extremely bullish with a growth of 105.39% in the picture. It is important to note that the crypto market is highly volatile and price movements could go North or South at any moment.

Finally, the launch of the TREAT token is scheduled to happen on January 14, 2025. This has been teased as a revolutionary endeavor for the Shiba Inu ecosystem across the world.

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A crypto trader turned $458K into $4.9M in just two weeks with Swarms, an AI-powered meme coin on Solana. The investment grew nearly 10x, showcasing the rapid rise of Solana-based meme coins. Backed by SwarmShield, which offers military-grade encryption and secure communications, the AI token has gained significant attention in the crypto market. However, the swarms token dropped by 25% in the last 24 hours despite its recent surge.

Crypto Trader Makes $4.9M Profit in With Swarms Token

On January 11, Lookonchain revealed that a crypto trader turned a $458K investment into $4.9M in just two weeks by trading swarms. As per Solscan data, the trader initially bought 20 million tokens for $458K. Recently, they sold 5 million for 7,232 SOL, valued at $1.35M, while still holding 15 million tokens worth $4.02M.

Swarms powers SwarmShield, a platform providing military-grade encryption, secure communication management, and auditing for swarm-based multi-agent systems. These advanced features have driven significant interest in AI meme coins, setting them apart from other meme coins. The crypto trader’s profit highlights the growing appeal of innovative tokens combining technology with meme culture, attracting high-profile traders.

Crypto Whale Profit Reflects Growing Interest in Solana Meme Coins

The massive profit of the crypto trader highlights the growing interest in top Solana meme coins like swarms. These coins have received much attention as part of the wider boom of the Solana ecosystem. While the network grows, the increase in meme coin popularity is boosting investor sentiment and boosting Solana market trading activity.

Moreover, a crypto whale holding the AI16Z token recently started buying swarms and invested $12.8K when its market cap stood at $336M. This reflects the rising popularity of AI-powered meme coins within the Solana ecosystem. With SwarmShield’s robust capabilities and increasing market traction, this AI coin has become a standout performer, fueling interest among traders looking to capitalize on Solana’s thriving meme coin market.

A $ai16z whale just bought $12.80K of $swarms at $336.71M MC

— Whale Watch (@whalewatchalert) January 10, 2025

Solana Ecosystem and SOL Price

SOL price was trading at $186, down approximately 3% in the last 24 hours. The token’s 24-hour low and high are $183 and $193, respectively, with a market cap of $90 billion and a trading volume of $3.4 billion. The overall growth of the Solana network reflects the increasing interest in the ecosystem, including meme coins.

However, Swarms price dropped by 25% in the last 24 hours to $0.267 despite the crypto trader’s massive profit. The crypto’s market cap stood at $265 million and trading volume was $212 million. Despite this, the token has surged by 40% in the past week and 70% in the last month.

Solana meme coins are gaining traction, with exponential growth in some tokens over the past month. coinpress reported that crypto whales are making big bets on coins like WIF and POPCAT, further signaling the rise of Solana’s meme coin trend. This continued interest in meme coins within the Solana ecosystem suggests that the momentum will persist, attracting more investors and traders to the network.

The post Crypto Trader Turns $458K Into $4.9M With This Meme Coin In 2 Weeks, Here’s All appeared first on coinpress.

Ethereum (ETH) remains steady at the $3,200 support level despite recent market fluctuations. Looking ahead, a crypto expert predicts a bullish trend for ETH in both the short and long term. While other cryptos struggle to see a rebound, Ether could rally further, encouraged by an emerging ascending channel and technical indicators.

Short-Term Ethereum (ETH) Technical Analysis

The ETH price today trades at $3,234, with a 1% decrease in the past 24 hours as the broader crypto market trades sideways. Ethereum’s short-term outlook hints significant volatility and potential upside.

According to the analyst, if the Ethereum price is accepted into this composite value area zone, the next price targets include $3,400, $3,500 & $3,600. In the case of a massively bullish scenario, projections hint at a target of $4,000 in the short term, potentially at the end of January 2025.

The analysis favors a bullish outlook due to the double purge setup. This technical formation features a liquidations of a long position as price crashes. This drop attracts short positions, which are also liquidated as price bounces after tagging key support levels. The double purge previously acted as a strong buy signal, leading to a quick rally to $3,800.

However, rejection at the composite’s lower level, where Ethereum currently trades, could trigger a pullback to two key support levels of $3,100 and $3,000, respectively.

On-chain Data Shows It is a Good Time to Buy ETH

Ethereum’s 30-day MVRV ratio suggests a high probability of a price reversal at current levels. The MVRV ratio has served as a key metric for identifying overbought or oversold conditions in the market. When the ratio aligns with significant support levels, it often signals potential accumulation by large investors.

Supporting this observation, multiple indicators are reportedly converging, reinforcing the likelihood of increased buying activity. These conditions highlight a possible accumulation phase, with analysts pointing to whale activity as a precursor to upward momentum. This aligns with prior market trends where MVRV dips were followed by significant rebounds.

#ETH‘s 30-day MVRV history shows the probability of reversal here is high!

If this isn’t proof enough, three more indicators are in confluence, hinting MASSIVE WHALE ACCUMULATION! pic.twitter.com/smDndpfEYF

— MAXPAIN (@Mangyek0) January 10, 2025

Ethereum’s Long-term Outlook Forecasts Price Could Hit $6,000

Ethereum price trajectory suggests a potential rebound at $2,800, possibly acting as a launchpad for a $6,000 target. Analysts highlight an ascending parallel channel, indicating a critical support zone near $2,800. 

If the trend persists, the Ethereum price prediction could see significant upside potential, aligning with bullish market sentiment. 

In summary, the Ethereum price is poised for growth, with short-term targets at $3,600 and $4,000 if current levels holds. In the long term, the $6,000 milestone appears achievable, supported by technical setups and ascending trend. With its bullish trend, ETH might see more gain soon. 

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Spot Bitcoin ETFs, a year after their approval, remain the talking point of the town. However, the outflow recorded on the last day of this week is causing worry. That marked the second outflow day with BlackRock’s IBIT leading the pack with a massive amount of outbound movement.

US Bitcoin ETF Records Outflow

This week ends with an outflow from US Bitcoin ETF according to a report by Farside Investors. The total outward movement stands at $149.4 million with BlackRock’s IBIT leading the pack. The issuer of the US Crypto ETF noted $183.6 million worth of outflows to its name followed by Bitwise’s BITB at $1.6 million.

Several issuers didn’t report their numbers but others did show positive sentiments. This includes Fidelity’s FBTC, Ark’s ARKB, and Grayscale’s GBTC. Their flows were $16.6 million, $5.7 million, and $13.5 million, applicable in the same order. It remains to be seen if interest in Spot Bitcoin ETFs will change in the coming days, or maintain a similar momentum till Donald Trump takes the US Presidential office.

Effect on BTC Price

The significant outflows from the US Bitcoin ETF have had little impact on the BTC price today. The flagship cryptocurrency has been down slightly by 0.18% in the last 24 hours but has traded in green for most of the hours. The price has also been down by 4.03% and 6.40% in the last 7 days and 1 month, respectively, potentially demonstrating a correction after it achieved the milestone of $100,000. The market cap of Bitcoin tokens has plunged by 0.26% and the 24-hour trading volume has taken a hit of 10.13%. Open Interest is down by 0.95% amid the volatility of approximately 3.62%.

A few factors show that the BTC rally will eventually get back to mark upticks. Dips in the prices of Bitcoin tokens are being looked at as a chance to accumulate more BTC at a discounted price. Another factor includes the nomination of Paul Atkins as the SEC Chair to replace Gary Gensler who is preparing to step down when Donald Trump assumes the office.

Besides, the latest US job data also appears to have encouraged investments which would fuel a rally for Bitcoin and altcoins in the coming days. What’s still a concern is the size of the rate cut which is anticipated to be 25 bps in the next FOMC.

What’s Happening to Spot Ether ETF?

Amid the Bitcoin ETF outflux, it is worth noting that the sentiment of outward movement is mutually shared with Spot Ether ETF except, it’s Fidelity’s FBTC leading the chart. The issuer recorded an outflow worth $65.4 million on January 10, 2025, as no data from BlackRock made its way to the surface. The only other issuer that reported its number was Bitwise’s ETHW which was $3.1 million.

Total outflows stood at $68.5 million taking the historical cumulative inflow to $2,456.3 million. Spot Ether ETFs, too, marked the second day of outflows after January 08, 2025, when the negative flow was $159.4 million.

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Crypto prices today remained steady, with Bitcoin (BTC) trading near $94K and Ethereum (ETH) holding firm after the release of U.S. jobs data. The global crypto market cap saw a slight increase of 1%, reaching $3.29 trillion, despite a 7% drop in trading volume to $144 billion. Grayscale, a leading crypto asset management firm, boosted market sentiment by revealing plans to consider 39 cryptocurrencies, including popular altcoins like Dogecoin (DOGE), BNB, Hedera (HBAR), Kaspa (KAS), and Aptos (APT).

Among major altcoins, Bitcoin SV (BSV) emerged as the top gainer, recording a 15% rise in the last 24 hours, highlighting strong performance in an otherwise stable market.

Crypto Prices Today: BTC Crosses $94K, XRP Gains Over 2%

Crypto prices today showed stability as Bitcoin (BTC) rebounded past $94K after making a low of $92K. Ripple’s XRP recorded a notable gain of over 2%, contributing to the overall market’s positive momentum. Meme coins also followed the BTC trend. Dogecoin (DOGE) and Shiba Inu (SHIB) both gained over 2% in the last 24 hours, reflecting renewed interest in the altcoin market.

Bitcoin Price Today

Bitcoin price today was trading at $94,203, up by 1% at the time of writing. The 24-hour low and high for BTC stood at $92,235 and $95,755, respectively.

As per Farside Investors data, Bitcoin ETFs recorded an outflow of $149 million. The major outflow was because BlackRock sold $183 million in ETF. Fidelity led the purchases with an investment of $16.6 million, while Grayscale added $13.5 million to its BTC ETF holdings.

Ethereum Price Today

Ethereum price today was trading at $3,234. The 24-hour low and high for ETH stood at $3,196 and $3,321, respectively.

ETH ETFs saw an outflow of $68 million, with Fidelity offloading $65 million. Fidelity has been consistently selling ETH ETFs for the last three days. Meanwhile, BlackRock’s data on ETH ETFs is still awaited, keeping investors watchful.

XRP Price Today

XRP price today was trading at $2.33, recording a 2.7% gain over the last 24 hours. The 24-hour low and high for XRP stood at $2.256 and $2.364, respectively.

According to a report by coinpress, data insights from Santiment revealed that the number of HODLers for XRP and other cryptocurrencies has grown during the early days of this new year.

Solana Price Today

Solana price was down by 1.5% in the last 24 hours, trading at $186. The 24-hour low and high for SOL stood at $183 and $192, respectively.

Top Cryptocurrency Gainer Prices Today

As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:

Bitcoin SV (BSV)

Price: $59.56
24-hour gain: +15%

IOTA (IOTA)

Price: $0.335
24-hour gain: +10%

Fantom (FTM)

Price: $0.699
24-hour gain: +8%

Algorand (ALGO)

Price: $0.364
24-hour gain: +6.5%

Bitget Token (BGB)

Price: $6.82
24-hour gain: +6%

Top Cryptocurrency Loser Prices Today

As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:

ai16z (AI16Z)

Price: $1.33
24-hour loss: -13%

Virtual Protocols (VIRTUAL)

Price: $0.98
24-hour loss: -8%

SPX6900 (SPX6900)

Price: $1.10
24-hour loss: -6.87%

Hyperliquid (HYPE)

Price: $20.14
24-hour loss: -6%

Ethena (ENA)

Price: $0.8851
24-hour loss: -5.15%

Meme Crypto Prices Today

As per crypto prices today, meme coins have mirrored Bitcoin’s price movement. The top meme coin, Dogecoin (DOGE), rose by 2.3% and is currently trading at $0.3324. Shiba Inu (SHIB) also saw a 1% increase, trading at $0.0000215. Grayscale has recently considered DOGE, HBAR, and other cryptocurrencies for future investment products which shows bullish behaviour in the these altcoins.

Other notable meme coins, including PEPE, PENGU, and WIF, experienced declines of 1 to 2% in the last 24 hours.

Additionally, the hourly chart shows a slight bearish trend, with BTC down by 0.2% in the last hour. Major altcoins followed suit, showing bearish behavior. However, Bitcoin SV (BSV) stood out, gaining 1% in the past hour.

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Despite the recent crypto market volatility, Ripple’s XRP price has been trading around $2.30, showcasing resilience. In the past few weeks, the token is getting squeezed into a pennant, suggesting an imminent breakout. Although pennants don’t necessarily have a breakout basis, this consolidation hints at that the bias is skewed in favor of bulls.

XRP Price Edges Closer to Bull Flag Breakout

The analyst illustrates an XRP price analysis focusing on a symmetrical triangle pattern with key targets marked in yellow. If the price breaks through these levels, it could lead to a bullish trend, starting the Bullish Pennant pattern. 

Post-breakout, the analyst indicates potential price targets. If the breakout is upward, as suggested by the bullish pennant, the first target is around $2.55, with further targets at higher resistance levels of $2.91, $3.77, and possibly up to $3.55.

The XRP price surged with increased social media buzz. The correlation between price fluctuations and social volume highlights the significant influence of public sentiment on XRP’s market performance.

Ripple Price Analysis

The Ripple price is currently at $2.31, showing a modest increase of 2%. Ripple has established a resistance level near the $2.60 mark. The price has struggled to break this threshold over the past few days, indicating a strong resistance area. 

Conversely, a support level has formed around the $2.20 mark, providing a baseline below which the price has not fallen.

The Relative Strength Index (RSI), a key technical indicator, sits at 52.24, suggesting a neutral market sentiment. 

If XRP can sustain momentum and push beyond the $2.60 resistance, the next target could be around the $3.00 level. 

Should the price fail to ascend and instead break below the support at $2.20, it might test lower supports near $2.00.

Ripple Prepares for Potential Price Breakout

Ripple price is positioned within a symmetrical triangle, signaling a potential breakout. Bollinger Band Width trends towards a minimum, hinting at an impending volatile move. 

The setup shows no directional bias, indicating a possible shift in any direction. Moreover, a pronounced bullish divergence suggests a likely upward breakout. This analysis infers a critical juncture in Ripple’s price trajectory.

$XRP TA

– price squeezed in symmetrical triangle = preapring for breakout

– Bollinger Band Width (BBW) = Approaching local low = breakout imminent

– but symmetrical triangle = no bias = could breakout in any direction

– exaggerate bullish divergence = breakout likely bullish pic.twitter.com/g4uGjS5pLB

— MAXPAIN (@Mangyek0) January 10, 2025

XRP’s market exhibits strong support above $2.30, with a bullish pennant suggesting an upward price breakout. Investors should monitor resistance levels and market sentiment closely, as these will be crucial in determining XRP’s short-term price movements.

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The crypto market faces challenges as SEC Chair Gary Gensler plans to step down on January 20, 2025. Bitcoin struggles to maintain momentum, trading below $100,000. Market uncertainty looms as regulatory shifts are anticipated following Gensler’s departure. Investors are advised to reconsider positions in volatile assets. Below are five crypto to sell that might warrant caution before this transition.

Crypto to Sell Now: Dogecoin (DOGE)

Dogecoin (DOGE), a major meme-based cryptocurrency, has experienced a significant price decline over the past 30 days. The downturn aligns with broader bearish trends in the crypto market. At the time of writing, the DOGE price is trading at $0.3353. Investors are advised to reassess their holdings ahead of potential market shifts.

Dogecoin appears to be forming a selling climax bottom, signaling potential recovery. It continues to hold above a critical support trendline. This secondary test reinforces the structure’s stability, with a possible sign of strength expected soon.

THORChain (RUNE)

THORChain (RUNE), a decentralized liquidity protocol, facilitates secure cross-network cryptocurrency trades, including Bitcoin and Ethereum, without requiring users to relinquish control of their assets. 

Currently, the RUNE price is at $3.49, reflecting a daily decline of 7.07%. This downturn mirrors broader market trends. If the downward pressure continues, RUNE could potentially drop to $3.00 in the short term. This positions RUNE as a significant underperformer in today’s market, marking it as one of the crypto to sell now to sidestep losses before Gary Gensler’s departure.

Bittensor (TAO)

Bittensor, an open-source blockchain protocol for decentralized machine learning, has experienced a recent price dip. The TAO price today stands at $444.63, marking a 0.56% decrease within the past 24 hours. 

As the broader crypto market faces recovery challenges, investors are re-evaluating their portfolios. Experts highlight potential risks, listing Bittensor among five crypto to sell now to avoid losses before Gary Gensler’s departure impacts the regulatory landscape.

Helium (HNT)

Helium (HNT), a decentralized blockchain network for Internet of Things (IoT) devices, was launched in July 2019. Its mainnet enables low-powered wireless devices to communicate and share data across a distributed network of nodes. 

Over the past week, HNT’s price dropped by 10%, reflecting the ongoing bearish trend in the crypto market. In the last 24 hours, the price declined further to $5.63, ranking it among the top losers in today’s market. Helium is now considered a crypto to sell before Gary Gensler’s farewell to mitigate potential losses.

SPX6900

SPX6900, an innovative blockchain cryptography token, offers limitless potential for scientific applications. Currently priced at $1.19, it reflects a 2.71% daily decline. This decrease aligns with the broader bearish market trend, as Bitcoin trades below $100,000. 

Analysts suggest SPX6900 is among the top five cryptocurrencies to sell now, ahead of Gary Gensler’s departure, to avoid potential losses.

Gary Gensler’s exit introduces uncertainty, with possible regulatory changes affecting the crypto market. Investors should assess positions in vulnerable assets to mitigate potential risks.

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Coinbase has announced that it will suspend trading for Fantom across its two platforms. This has led to speculation that the suspension of FTM-PERP from the crypto exchange platform will lead to price dips in the times to come. It is interesting to note that the development is happening amid the CFTC scrutiny of the platform in the Polymarket investigation.

Coinbase to Suspend Fantom Trading

In a recent X post, Coinbase announced that it has decided to suspend trading for Fantom-PERP effective January 24, 2025, from around 10:30 AM UTC. Termination of FTM-PERP trade will be applicable across Coinbase International Exchange and Coinbase Advance, based on a pre-decided way to settle the final price.

Coinbase has clarified that the final settlement price will be calculated by considering the average index price 60 minutes before the suspension of trading sessions. The leading crypto exchange platform has also said that the funding rate will be set to zero before the final settlement concerning the final funding period. Then, it will automatically settle open positions, if any, at the time of suspension.

What’s Next for FTM Price?

This development has left FTM traders worried about the future price of Fantom tokens. FTM is currently being traded at $0.6953 which is up by 6.09% in the last 24 hours. However, the FTM price has plunged by 11.80% in the last 7 days and 41.62% in the last 30 days.

FTM prices seem to be recovering from the recent losses, as is evident from market cap and 24-hour trading volume. Both have soared by 6.56% and 0.35%, applicable in the same order, while FTM runs on bearish sentiments with a volatility of approximately 22.52%.

The next few days will see FTM rebrand itself to Sonic with a swapping ratio of 1:1. This transition is tentatively slated to happen on January 13, 2025, with Binance being one of the supporters. The said platform will open deposits of Sonic on January 16, 2025, along with trading pairs at around 08:00 UTC.

Coinbase’s CFTC Scrutiny

The suspension of FTM and speculation for FTM price coincide with the US CFTC issuing a subpoena to Coinbase. It is linked to the Polymarket investigation, and the US Commodity Futures Trading Commission has sought information about customers from the crypto platform. The company has sent an email to its customers mentioning that it may have to share information related to their accounts with authorities but no immediate action is required from customers’ side.

What happens next in the Polymarket investigation and CFTC’s scrutiny of Coinbase should be interesting to note. Joe Biden will soon bid adieu to the Presidential position, and Donald Trump will take over the office. Also, the current CFTC Chair Rostin Behnam is reportedly stepping down on January 20, which has also fueled investors’ optimism.

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Cloud mining has enabled people who cannot afford heavy equipment to dabble in the craft of cloud mining. While the promises of profits are many, only a few cloud mining ecosystems have proven themselves to be worth the attention. Cloud companies with high-end mining rigs should be a priority, and that’s why Cryptokeying has been generating a lot of buzz among prospective miners.

Running what arguably are the most advanced data centers in the world, Cryptokeying promises that users will be able to leverage diversifying computing power. Per the website, members can mine a range of cryptocurrencies, with a particular focus on mining Solana, Dogecoin, Bitcoin, and other assets.

What are the key factors that are making people talk about this cloud mining ecosystem?

The Primary Reason Cryptokeying is Getting Traction

Upon analysis of the official website and the offers available, we found that the following are the reasons why Cryptokeying is getting so much attention from investors.

Simplicity and Environmental Consciousness

Cryptokeying asserts that it has let go of the complex nuances that stopped people from trying out cloud mining. Instead, it has reportedly opted for a simpler style. Setting up the account is simple, per the claims, and one account will allow users to interact with mining rigs located in one of the 80 mining farms around the world.

There are said to be 100,000 mining equipment in total, all of which are reportedly powered by renewable sources. This approach is admirable since it brushes off energy-related concerns that have gotten so many environmental activists up in arms about crypto mining.

Security Features

Cryptokeying claims that it has also put special emphasis on security of users’ data. Once a mining contract has been made and the process is initiated, users won’t have the trouble of losing funds. Depending on the chosen rig, investors will receive daily income in terms of crypto they have decided to mine.

This can potentially bring high value to customers who are wary of actively trading crypto in a market that is getting increasingly volatile.

Multi Crypto Support

Unlike most cloud mining ecosystems that limit users’ redemption options to one cryptocurrency, Cryptokeying lets users choose between 8 different tokens. In addition to the standard assets like Bitcoin, Ethereum, Solana, USDC, USDT, and Bitcoin Cash, these cryptos even include meme coin like Dogecoin along with DeFi tokens like XRP.

Affiliate Program

Cryptokeying has also created an affiliate program, allowing users to become kind of like thought leaders for the project. By sharing the link they acquire upon registration, users can ask other people to join. Now, depending on the number of people that a user successfully is able to onboard, they can potentially earn a monthly salary of up to $20,000.

Platform advantages:

⦁Get a $10 instant bonus after registration (you can get $0.6 for daily check-ins).

⦁High profit level and daily payouts.

⦁No other service fees or management fees.

⦁The platform uses more than 8 cryptocurrencies (such as DOGE, XRP, BTC, ETH, SOL, USDC, USDT, BCH) for settlement

⦁The company’s affiliate program allows you to refer your friends and get up to $20,000 in referral bonuses.

⦁McAfee® security. Cloudflare® security. 100% uptime guarantee and excellent 24/7 human technical online support.

Step 1: Register an account

In this example, we choose cryptokeying as our cloud mining provider. Go to the provider of your choice and register to create a new account. Cryptokeying provides a simple registration process, and all you need to participate is to enter your email address and create an account. After registration, users can start mining Bitcoin and other cryptocurrencies immediately.

Step 2: Purchase a mining contract

Currently, cryptokeying also offers a variety of mining contract options, such as $100, $500, and $1000 contracts, each with a unique ROI and a specific contract period.

You can earn more passive income by participating in the following contracts:

⦁【Experience Contract】: Investment amount: $100, total net profit: $100 + $6.6.

⦁【WhatsMiner M30S+】: Investment amount: $500, total net profit: $500 + $36.6.

⦁【Bitcoin Miner S19k Pro】: Investment amount: $1,000, total net profit: $1,000 + $183.4.

⦁【WhatsMiner M66S】: Investment amount: $5,000, total net profit: $5,000 + $2,142.

⦁【WhatsMiner M63S+】: Investment amount: $8,000, total net profit: $8,000 + $5,409.

⦁【Mining Box 40ft】: Investment amount: $3,0000, total net profit: $3,0000 + $30030.

(For more new contracts, visit the official website of cryptokeying platform: cryptokeying.com)

 You can get the profit the next day after purchasing the contract. When the profit reaches $100, you can choose to withdraw it to your crypto wallet or continue to buy other contracts

Conclusion

Cryptokeying is one of the many new cloud mining operations to have entered the market. However, the distinguishing aspects, such as using renewable resources, make it suitable for those concerned about the environment. Add to that, the ease at which users can mine can potentially allow them to generate good profits on a regular basis.

For more details, visit the official website of the platform: https://cryptokeying.com/

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As the crypto market faces challenges, Shiba Inu price holds firm above the $0.00002 support level. Despite recent corrections, including Bitcoin (BTC) falling below $100,000, SHIB remains resilient. In 2024, it saw significant gains driven by bullish trends. As January 2025 approaches, investors speculate on SHIB’s potential for a new rally amid market recovery efforts.

Can Shiba Inu Price Hit New Highs in January 2025?

The Shiba Inu price has recently faced a downturn, recording a 20% decline over the past month, which has stirred concerns among its community about the potential outlook for 2025. 

Despite this recent setback, SHIB investors remain optimistic, as the token’s performance surged by over 130% in 2024. This impressive rally raises the possibility of SHIB reaching new heights in January 2025.

Market analysts suggest that a resurgence in BTC, potentially surpassing the $100k mark, could spark a broader rally across the cryptocurrency market, including Shiba Inu.

 Additionally, increasing activities by SHIB whales purchasing more tokens during the dip could indicate a preparation phase for an upcoming rally. These large-scale purchases often signal significant upcoming price movements.

Furthermore, the momentum in other leading meme coins such as Dogecoin, Pepe, Pingu, and WIF could also contribute to SHIB’s rise. The community is also buzzing with excitement about new developments, including the launch of governance tokens and the upcoming TREAT initiative, which aims to enhance the token’s blockchain utility.

With the U.S. presidential inauguration set for January 20th, the political climate may also play a role in the crypto market dynamics, potentially influencing Shiba Inu’s price trajectory as the month progresses.

Analyst Predicts Continued Surge for SHIB Price

Crypto analysts indicate that the Shiba Inu price is still in a significant breakout phase, with potential gains not fully realized yet. 

The current price action suggests a future target of $0.000081, over 261% higher than current levels. This gradual climb could extend the currency’s upward trajectory, with $0.0001553 as the next potential milestone if the trend continues upward.

Will SHIB Price Hit $0.00005 This Month?

As of Friday, January 10th, the SHIB price hovered at $0.00002168, struggling to gain momentum with a slight increase of 3.04%.  

The Relative Strength Index (RSI), currently at 42, suggests that SHIB is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) indicates a bearish trend, as evidenced by the histogram moving below the signal line.

Market analysts point to crucial resistance and support levels that could influence SHIB’s short-term trajectory. The immediate resistance lies at $0.000025, while support is found at $0.000021. 

A break beyond these boundaries could dictate the next significant move for SHIB in the coming weeks. If bulls gain more power, the Shiba Inu price prediction could hit $0.00005 in the near term.

If market conditions remain favorable, especially with potential boosts from Bitcoin’s performance and political influences, Shiba Inu might set new records in January 2025. This scenario presents a bullish outlook for SHIB as the new year unfolds, potentially reaching unprecedented highs.

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The market participants are anticipating more US Crypto ETF additions to the list after the approval of Spot Bitcoin ETF and Spot Ether ETF last year. Some more crypto ETFs that may see the light in 2025 are XRP ETF and Solana ETF, considering a lot of applications have been filed by issuers in November last year. That said a new wave of ETFs is now expected to emerge as Donald Trump prepares himself for the upcoming Presidential inauguration.

Next Wave for US Crypto ETFs

According to a Reuters report, as many as 16 applications have been filed by issuers like VaEck, Canary Capital, and 21Shares. They are trying to get approval for exchange-traded products that would track crypto indices or tokens like XRP and SOL.

This next wave of US Crypto ETFs, which is also likely to include Litecoin ETF and HBAR ETF, stems from two core factors. These are the nomination of Paul Atkins as a successor to Gary Gensler for the SEC Chair and lighter regulations. Gary Gensler has always been seen as an anti-crypto figure who was ‘forced’ to approve Spot Bitcoin ETFs in January last year. Lighter regulations are based on Donald Trump’s commitment to draft crypto-friendly regulations and frameworks that would support the cryptocurrency as well as the technology sphere.

SOL And XRP Price

Anticipation of the next wave of crypto ETFs in the US has had a mixed impact on SOL and Ripple’s XRP. SOL prices today are $191.04, which is up by 0.88% in the last 24 hours. There is also a notable surge in market cap despite a dip in the 24-hours trade volume which is down by 5.29%. Sentiments for SOL are bearish with Open Interest down by 2.15%.

Price movement for XRP is more or less the same. XRP price today is $2.32 which is up by 0.76% in the last 24 hours. The market cap has gained 0.80% with a slip of 31.08% in 24-hours trading volume. Sentiments for XRP are neutral amid the anticipation for the next wave of US Crypto ETFs with Open Interest slightly up by 0.39%.

Flows for Current Crypto ETFs

Amid the anticipation of XRP, Litecoin, HBAR, and SOL ETF, Spot Bitcoin ETF and Spot Ether ETFs recorded heavy outflows on January 08, 2025. Spot Bitcoin ETFs saw an outward movement of $568.8 million with Fidelity’s FBTC leading the chart. It saw an outflow of $258.7 million followed by Ark’s ARKB which recorded an outflow of $148.3 million.

Interstingly, Fidelty’s FETH led outflows for Spot Ether ETFs as well, recording an outward movement of $147.7 million. Grayscale’s ETHE and ETH followed with an outflow of $8.3 million and $3.4 million, respectively.

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Binance, one of the largest crypto exchanges, announced the listing of aixbt by Virtuals (AIXBT), ChainGPT (CGPT), and Cookie DAO (COOKIE) in its spot market.

Following the announcement, the prices of these AI coins skyrocketed, with AIXBT surging by 40%, CGPT climbing by 70%, and COOKIE rising by 56%. These significant gains highlight strong market interest in the newly listed tokens, showcasing their impact on crypto market trends.

Binance Announces AIXBT, CGPT, and COOKIE AI Coins Listings

On January 10, Binance announcement reveals its decision to list three new tokens: Virtuals, ChainGPT, and Cookie DAO in its spot market. This move reinforces the exchange’s ongoing efforts to expand its trading offerings and provide users with access to innovative AI projects.

The new listings include six trading pairs: AIXBT/USDC, AIXBT/USDT, CGPT/USDC, CGPT/USDT, COOKIE/USDC, and COOKIE/USDT. Deposits for these tokens have already been enabled, allowing traders to prepare for active trading.

The crypto exchange said users can withdraw these AI coins from January 11. Notably, these tokens were previously available on Binance’s Alpha Market, a feature designed to support early-stage projects while helping users discover emerging cryptocurrencies.

The platform has also announced the integration of Spot Algo Orders for these tokens, which will enable traders to execute automated strategies. Within 24 hours of listing, Spot Copy Trading and trading bots will also become available, allowing users to include these pairs in their portfolios by updating their Spot Copy Trading preferences, confirmed Binance.

These listings are expected to attract substantial interest, given the tokens’ utility in sectors like AI, data indexing, and crypto market intelligence. Its commitment to fostering innovation remains evident through this latest expansion.

Trading Eligibility and Regional Restrictions

While Binance’s new listings of AIXBT, CGPT, and COOKIE have generated significant market interest, trading for these tokens is subject to regional restrictions. The top crypto exchange asserts that residents from certain countries, including Canada, the Netherlands, the United States, and restricted areas like Crimea, North Korea, and Syria, are ineligible to trade these pairs.

These restrictions are enforced due to compliance with regional regulations and exchange trading policies. Eligible users must also complete account verification to participate in trading these tokens. The platform emphasizes the importance of adhering to local laws while enabling global users to access diverse trading opportunities.

Price Surge Following Binance Announcement

The market responded positively to Binance’s announcement, with CGPT price making the biggest move, trading at $0.34 and surging 70% in the past 24 hours. Its 24-hour low and high were $0.20 and $0.36, respectively, with a market cap of $279 million and trading volume reaching $96 million.

COOKIE price rose by 56% and is currently trading at $0.7196. Its 24-hour low and high were $0.439 and $0.765, with a market cap of $214 million and $78 million in trading volume.

AIXBT price gained 40%, trading at $0.5773. Its market cap reached $494 million, and its 24-hour trading volume was $141 million, with a low of $0.384 and a high of $0.593.

Binance is actively adding new pairs and tokens to expand its database, enabling more users to trade and invest. Recently, Binance also expanded support for Phala Network (PHA), Steem (STEEM), and Usual (USUAL), solidifying its commitment to providing diverse trading opportunities.

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Dogecoin price stabilized around $0.33 on Friday, halting a market downturn that saw a 15% decline over four days. Currently, the market struggles to rally. A resurgence in support from Elon Musk for DOGE could be imminent under certain conditions.

Elon Musk Ready to Back Dogecoin price Again? What Needs to Happen

In 2021, Elon Musk declared his willingness to fully back Dogecoin’s price contingent on major stakeholders scaling down their investments to combat the disproportionate concentration of wealth. 

The call for action aimed to foster a more equitable distribution of Dogecoin among its holders. Despite the initial buzz around Musk’s statement, recent trends show that wealth concentration is still a significant issue within the Dogecoin community.

If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo.

— Elon Musk (@elonmusk) February 14, 2021

The Gini, a statistical measure of distribution used to gauge inequality, has continued to climb, indicating that wealth among Dogecoin holders is increasingly concentrated.

In Dec 2021, the coefficient was recorded at 0.987 and has since edged closer to a perfect inequality score of 1, sitting at 0.995 in recent assessments. This rise suggests that despite broader market dynamics, the wealth disparity among Dogecoin investors is intensifying.

Analysis of Dogecoin wallets reveals varying trading behaviors, particularly among those holding between 1k and 1m coins. Notably, accounts with tens of millions of DOGE have consistently bought more during market dips and sold during highs. This strategy underscores a persistent accumulation trend among the largest holders, challenging the decentralized Dogecoin aims to promote.

Will Dogecoin Price Revist ATH?

In November, the meme coin experienced a notable surge, primarily driven by Elon Musk’s enhanced influence and direct involvement in the D.O.G.E. initiative. His engagement has sparked renewed optimism about Dogecoin overcoming key resistance levels.

At the time of writing, the DOGE price hovered at $0.33604, marking a slight 0.9% increase. The Relative Strength Index (RSI), currently at 46, indicates that Dogecoin is neither overbought nor oversold, presenting a neutral market sentiment.

As the Dogecoin price prediction approaches the $0.35 mark, traders might look for signs of sustained momentum. If it breaches this level, a test of higher resistance near the $0.50 range could be imminent. 

If bulls mount more pressure, the DOGE price could revisit the ATH seen in the 2021 bull run, which could surge by more than 54%. Conversely, a drop below current support levels might see it retreat to lower thresholds around $0.28.

In conclusion, Dogecoin’s stabilization and the prospect of Elon Musk’s support hinge on reduced concentration among major holders. If this shift occurs, DOGE might once again capture market enthusiasm and revisit its peak prices.

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Cryptocurrency prices today reflect a bearish trend as Bitcoin (BTC) hit a low of $92,000, while major altcoins like Ethereum (ETH) and XRP saw declines of around 2.51% and 3%, respectively. The global crypto market cap dropped by 1.68% to $3.25 trillion, with trading volumes falling 11% to $155 billion. These declines come as markets anticipate U.S. jobs data, which could impact interest rate expectations and crypto valuations. The Fear and Greed Index remains at 43, indicating neutral market sentiment amid ongoing volatility.

Crypto Prices Today: BTC, ETH, XRP, and SOL Struggle to Hold Key Levels

Bitcoin (BTC) dropped to $92,000, continuing its bearish trend, while Ethereum (ETH) fell by 2.51%. XRP declined by 3%, and Solana (SOL) recorded losses amid overall market weakness. Meanwhile, CleanSpark announced that it has mined over 10,000 BTC in its treasury, showcasing resilience despite market volatility.

Bitcoin Price Today

Bitcoin (BTC) price was trading at $93,433 after hitting a low of $91,231 earlier in the day. The leading cryptocurrency was down by 1% at the time of writing. Its market cap has once again fallen below the $2 trillion mark, now standing at $1.85 trillion. As per Coinglass data, in the last 12 hours, Bitcoin saw a liquidation of $43 million, with $33 million from long positions and $9 million from short positions.

Ethereum Price Today

Ethereum (ETH) was trading at $3,245, down 2.55% in the past 24 hours. Its 24-hour low was $3,159, while the high touched $3,341. Crypto prices today remained bearish, but a coinpress analyst suggested ETH could potentially hit its all-time high, as Fidelity deposited 103 million ETH into Coinbase, sparking fresh market interest.

XRP Price Today

XRP was trading at $2.28, reflecting a 3% drop in the last 24 hours. Its 24-hour low stood at $2.23, while the high reached $2.36. In other news, on-chain data revealed that Ripple Labs transferred 300 million XRP to an anonymous wallet, sparking concerns of a potential sell-off in the market.

Solana Price Today

Solana (SOL) was trading at $188, down by approximately 4% in the last 24 hours. Its 24-hour low was $182, while the high reached $195. The coin is facing some downward pressure, continuing the bearish trend in the broader market.

Top Cryptocurrency Gainer Prices Today

As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:

Kaia (KAIA)

Price: $0.21
24-hour gain: +3%

Litecoin (LTC)

Price: $103.93
24-hour gain: +2.15%

BitTorrent (BTT)

Price: $0.000001161
24-hour gain: +2.06%

Movement (MOVE)

Price: $0.88
24-hour gain: +2%

KuCoin Token (KCS)

Price: $10.60
24-hour gain: +1.67%

Top Cryptocurrency Loser Prices Today

As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:

THORChain (RUNE)

Price: $3.27
24-hour loss: -17%

SPX6900 (SPX)

Price: $1.17
24-hour loss: -10%

Bittensor (TAO)

Price: $430.80
24-hour loss: -7.15%

Dogwifhat (WIF)

Price: $1.57
24-hour loss: -6.84%

Virtual Protocols (VIRTUAL)

Price: $3.21
24-hour loss: -6%

Meme Crypto Prices Today

Meme crypto has shown a mixed reaction as Bitcoin touched the $92K mark. Dogecoin (DOGE) was down by approximately 4%, trading at $0.326, while Shiba Inu (SHIB) was trading at the same price as yesterday, with a slight gain, now at $0.00002129.

Other top meme coins such as PEPE, PENGU, and BONK are down by approximately 4% in the last 24 hours.

U.S. Non-farm Payrolls Report: Key Market Trigger for Crypto Prices Today

The market now braces for the U.S. Non-farm Payrolls report, expected to highlight December’s job growth figures. Crypto analysts DegenDePraga predict a payroll increase between 100,000 and 125,000 jobs, which could signal that the Federal Reserve might hold interest rates steady. However, figures outside this range could trigger market volatility.

Same as the 3-day retrace on $BTC from 102k to 91k wasn’t the start of a bearmarket, this relief to 94k is not a bullish rebound.

Wait for the NFP job data at 8.30am NY time.

How to read Non-Farm Payrollls the data:

– 100-125k = very gud
– 50k-200k (outside of 100-125k) =…

— DegenDePraga (@thy_crypto) January 10, 2025

Analyst cautioned traders, saying, “whatever the number, there will be volatility first as trading bots get triggered sweeping liquidity (potentially both ways). Wait for the dust to settle. If we get 100-125k or close to that number, we may go up straight away short-term.”

On a more positive note, the hourly chart suggests some recovery, as Bitcoin and major altcoins are in the green in the last hour. AI16Z has been the top performer, up by 2% in the past hour.

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Solana (SOL) price, one of 2024’s top-performing cryptocurrencies, has surged over 100%, showcasing bullish momentum on long-term charts. With rising retail investor interest and speculation surrounding a potential U.S.-based Solana exchange-traded fund (ETF), the cryptocurrency is positioned for further growth in 2025.  These developments could fuel a significant price rally, solidifying Solana’s status as a key player in the crypto market.

Solana Price Surge Anticipated with US ETF Adoption

Solana price recently slipped below the critical $200 mark, experiencing a weekly decline of over 7%. However, analysts predict a potential rebound in the coming months, driven by key developments. 

The anticipated approval of a Solana-focused Exchange-Traded Fund (ETF) in the United States could significantly boost the demand for altcoin. With five firms, including VanEck and Grayscale, vying for ETF approval, optimism among investors is rising. 

Market experts believe the approval, likely under President-elect Donald Trump’s incoming administration, will catalyze retail participation. Despite current corrections, Solana is expected to lead a market recovery by 2025, fueled by growing investor interest and increasing retail demand.

SOL Price Analysis

The latest SOL price is trading at $191.07, marking a 0.60% decline over the past 24 hours. After failing to sustain its recent upward momentum, Solana has slipped below key support levels, signaling potential further downside.

The Relative Strength Index (RSI) currently stands at 31, indicating oversold conditions in the short term. While this could point to a potential relief rally, sustained bearish pressure could push the RSI deeper into oversold territory, dampening recovery efforts.

The Moving Average Convergence Divergence (MACD) indicator highlights a strengthening bearish trend. The MACD line is below the signal line, accompanied by widening bearish histograms. This setup suggests that selling pressure may persist in the coming sessions.

Upside resistance is visible at $200, a psychological level that could trigger buying interest if reclaimed. Beyond this, the next resistance zone lies near $220, aligning with the recent failed breakout level. On the downside, a breach below $190 may accelerate selling, with $160 emerging as a significant support target for Solana price prediction.

The potential approval of a U.S.-based Solana ETF could drive significant investor interest. While current conditions indicate short-term challenges, Solana’s strong fundamentals and growing demand position it for a potential price rally in 2025. 

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