XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope
With about 16% of its value lost in October 2024 alone, XRP, the native coin of Ripple, has been under heavy assault this month. The US Securities and Exchange Commission’s (SEC) fresh appeal in its continuous action against Ripple is driving the price drop. Investors are left wondering about XRP’s future as the legal question…
Starknet: Long Positions Liquidated Lead To 16% Losses
Starknet (STRK) faces huge losses as it follows the market-wide correction phase that shook investor portfolios. The unexpected movement caused the token to fall by nearly 16% causing a whopping $87k wipeout of STRK long positions in the past 24 hours. The market’s current positioning puts many investors at risk with big losses for the…
Bittensor (TAO) Soars 130% – What’s Behind The Altcoin’s Recent Surge?
Bittensor (TAO) has been garnering attention for its exceptional performance, surpassing Bitcoin and the broader cryptocurrency market. TAO has experienced a 15% increase in the past 24 hours, and it has appreciated by over 130% in the past 30 days. This extraordinary expansion has established TAO as one of the most successful altcoins, attracting the…
Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%
The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud. As of writing, the token has lost over 20% in value, representing a massive flip in investor sentiment. The market has not been faring any better as it lost nearly 2%…
Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner?
Shiba Inu is making waves after wrapping up an astounding 1,000% increase in its burn rate, Shibburn data shows. This has occurred simultaneously with a nearly 7% increase in the value of the meme coin. Market observers are investigating what this may potentially mean for the future of SHIB, especially in light of the increased…