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Altcoins

Latest News: Bitgert Coin is expected to gain +400% in value this week!

TokenTalk Staff

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Latest News: Bitgert Coin is expected to gain +400% in value this week!

Following the latest altcoin market news, there will likely be a turn of events from the sideways movement over the past few weeks. However, one essential piece to watch out for is the Bitgert piece, which has received rave reviews from speculators in recent weeks. But what is even more impressive is the speculation of a considerable price rise for the Bitgert coin. The altcoin season is about to get a lot better for investors on Bitgert coin, as an increase of up to 400% is expected in price growth this week. Let’s talk in detail about this upcoming push.

If you followed the Bitgert piece Over the past few weeks, price action and team action might have shown you the sign that a huge rally is coming. For what? Increased adoption, innovative features, and community expansion top the list of causes for hopes of higher prices. To make it more explanatory, let’s pick these points one after the other to see how this could soon portend an explosive price movement. Let’s start with its adoption rate.

Increased adoption of Bitgert in EVM-enabled projects

The first thing to mention here is that Bitgert offers a wide range of features that make using the Bitgert channel more efficient for Web3 developers. However, starting a project again before being able to take advantage of Bitgert’s features can seem too stressful for developers. It allows you to port your project from Ethereum to make this easier.

The Bitgert chain is EVM compatible, which means that even though it runs a better network, you can quickly move your Ethereum-dependent project to Bitgert. This lets you enjoy zero gas fees, incredibly fast transaction speed, and more.

Bitgert’s growth through innovation

Innovation has been a major factor in Bitgert’s growth and popularity since its launch. This includes 100,000 GST, zero gas charges, innovative consensus and a strong focus on network security. Through these innovations, it has grown as a major utility-focused altcoin, with many traders taking advantage of its features, making it cheaper and easier.

The community has also contributed immensely to the discovery and positive sentiment of the coin over the past few weeks. There are currently more than 600,000 members who actively engage and disseminate information on the networks. But the more this news spreads, the more the price climbs. And with how quickly news about Bitgert’s innovations and effectiveness has spread lately, we could expect a massive price increase.

To learn more about Bitgert, visit https://bitgert.com.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Altcoins

Arthur Hayes Doubles Down on Dogecoin (DOGE) and One DeFi Altcoin Amid Crypto Downturn

TokenTalk Staff

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Arthur Hayes Doubles Down on Dogecoin (DOGE) and One DeFi Altcoin Amid Crypto Downturn

BitMEX Co-Founder Arthur Hayes Increases His Bullish Sentiment on Dogecoin (DOGE) and Pendle (PENDLE) despite the sudden slowdown in crypto.

Hayes tell its 524,900 followers on social media platform

“I love this choppy downward trend in shitcoin prices. I add PENDLE and DOGE to my bags.

DOGE is trading at $0.12 at the time of writing, up more than 2% in the last 24 hours. Meanwhile, PENDLE is trading at $5.65 at the time of writing, up almost 13% on the day.

Hayes, who is also an advisor to the Pendle project, was recently spotted will lock $8.4 million worth of PENDLE tokens until September 5 this year.

PENDLE, the platform’s native token, can be used to earn rewards by those who provide liquidity to the protocol. The PENDLE token lock can last up to two years and allows users to vote on governance proposals while earning 3% of all yield accrued by its Yield Bearing Tokens (YT).

Another project that Hayes said he is optimistic about is Ethereum (ETH) competitor Aptos (APT). Hayes predicted that the Aptos layer 1 (L1) smart contract blockchain will surpass Solana (GROUND) this market cycle in one to three years.

Aptos is trading at $6.81 at the time of writing, up more than 2% in the last 24 hours.

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Altcoins

The ALTcoin market has an incomplete impulse cycle

TokenTalk Staff

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The ALTcoin market has an incomplete impulse cycle

https://news.google.com/./articles/CBMiXWh0dHBzOi8vd3d3LmJhcmNoYXJ0LmNvbS9zdG9yeS9uZXdzLzI2OTM3NDcyL2FsdGNvaW4tbWFya2V0LWhhcy1hbi1pbmNvbXBsZXRlLWltcHVsc2l2ZS1je WNsZdIBAA?hl=en-US&gl=US&ceid=US%3Aen

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Altcoins

Is the crypto market ready to explode?

TokenTalk Staff

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Is the crypto market ready to explode?

The price of Bitcoin seems to have found its footing and is starting to rise again after a recent decline. Crypto trading expert Michael van de Poppe is among those supporting the argument that Bitcoin has reached its lowest point and is now on an upward trajectory. This change also has a positive impact on other cryptocurrencies.

Here’s an overview of current trends in the cryptocurrency market!

Recent Bitcoin Performance

Nowadays, Bitcoin is trading at $66,155. Recently, its price has been fluctuating between $63,000 and $65,000, indicating that it may have reached its lowest level. According to Michael van de Poppe, this range likely marked the lowest point for Bitcoin, which is now expected to rise further.

Bitcoin Market Indicators

The 1-day candlestick chart for Bitcoin/USD now shows a large green candle, signaling bullish momentum for Bitcoin. This is a positive sign that the price of Bitcoin is starting to rise from its recent low.

Impact on Altcoins

As the price of Bitcoin increases, other cryptocurrencies also see their performance improve. On June 6, 2024, the altcoin market capitalization peaked at $1.39 trillion. Today, June 20, 2024, it stands at $1.21 trillion, which is an improvement from yesterday’s $1.18 trillion. This suggests a recovery in the altcoin market alongside the resurgence of Bitcoin.

Bitcoin Dominance and Recent Movements

The dominance of Bitcoin The value is currently at 51.8%, close to its 6-month high of 52.47% reached on June 18, 2024. Earlier this month, on June 5, the price of Bitcoin was above $71,000. Since then, it has continued to decline, with a current opening price of around $64,915. Over the past 30 days, the price of Bitcoin has fallen by 6.9%. Over the last 7 days it has changed by -2.5%, but over the last 24 hours it has increased by 1.4%.

In conclusion, the fall in the price of Bitcoin seems to have stopped and it is now starting to rise again. This upward trend is also benefiting other cryptocurrencies, suggesting a positive change in overall market sentiment. The recovery in altcoin market capitalization further underlines this optimistic outlook.

Bitcoin’s rebound could signal a further surge in the crypto market, pointing to a more optimistic future for cryptocurrency traders and investors.

Read also: MicroStrategy Completes $800 Million Convertible Note Offering, Acquires 11.9K Bitcoin for $786 Million

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Here’s Altcoins’ Next $100 Billion Opportunity

TokenTalk Staff

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Here’s Altcoins’ Next $100 Billion Opportunity

The last bull market saw several altcoins surpass the $100 billion mark, but four years later the blockchain landscape has changed. With innovative technologies, expanded use cases, and growing mainstream acceptance, some altcoins are poised to unlock $100 billion in market potential. This new era promises not only substantial returns, but also transformative impacts on the financial landscape. Here are 4 altcoins this could reach a market cap of $100 billion during the next bull run.

1. Altcoins – Shiba Inu (SHIB)

Shiba Inu is one of the best dog-themed altcoins today, with hundreds of replicants and wannabes. Trading around $0.00001874, SHIB has a market cap of $11 billion. The Shiba Inu market cap chart indicates that the total asset value is decreasing with the next support level around the $8.3 billion mark.

At an all-time high, SHIB reached a market capitalization of $41.1 billion, the highest ever. piece of money (apart from Dogecoin) never succeeded. During this race, Shiba Inu was just a coin. But over time, developers have built a tangible technology, utility, and ecosystem around the token that could catalyze the $100 billion surge this time around.

Data shows that there are 40 protocols built on the Shibarium network, 10 of which are liquid staking protocols and 11 of which are decentralized exchanges. There are also 2 decks and 5 wallets in the list, which transforms Shiba Inu from being a simple coin into a serious blockchain competitor, perhaps even more serious than Dogecoin.

2. Toncoin (TON)

Toncoin is a layer 1 blockchain specifically designed to support cross-chain interoperability. Blockchain is the brainchild of Telegram, the famous messaging application with more than a billion users worldwide. The TON Foundation was then created and the development of the network was entrusted to this organization.

For crypto newbies, TON is not a new altcoin. It has been around since 2021 and trades at very low prices, below $1. TON’s popularity has increased over the past few months as the gaming ecosystem has shifted towards Telegram mini-apps.

Toncoin’s highest ever market capitalization was $25.2 billion in April 2024. This coincides with the launch of Notcoin (NOT), the Tap-to-Earn game that launched on the network and onboarded many users, not only to crypto but also to the TON blockchain.

This market capitalization is expected to increase as the Telegram mini-app ecosystem has exploded since then, with many projects promising to launch on the TON network. Toncoin is sure to surpass $100 billion in the next bull run.

3. XRP (XRP)

Ripple and XRP are enigmas in cryptography. XRP is the oldest cryptocurrency on this list and, although like Litecoin (LTC), Monero (XMR) and Bitcoin Cash (BCH), it has not lost its place in the top 10, the suppression of prices of assets over 5 years continues. to blow the minds of the XRPArmy.

Unlike others on the list, XRP has tasted heaven with its market cap of over $100 billion. Between January 2 and 3, 2018, XRP rose from $95 billion to $121 billion, ultimately culminating the 2020-2021 bull run at $131 billion on January 7.

The value of XRP collapsed during the bear market and has not recovered, even as other cryptos have recovered. The same thing happened in the March 2024 mini-bull season, as the token only managed to reach $39 billion.

The price of XRP has been largely reduced by the ongoing battle with the SEC, which began in late 2020.

The recent settlement between the SEC and Terraform Labs (TFL), as well as the dropping of investigations into Ethereum 2.0, has raised hopes within the XRPArmy that Ripple could soon receive similar relief. Ripple recently won a significant victory against the SEC, reducing its penalties from $2 billion to $106 million. Keeping this in mind, XRP can easily surpass $100 billion again, if a bullish scenario plays out.

4. Altcoins to Buy – Chainlink (LINK)

Chainlink is the hardworking but unnoticed child of the family. Founded by Sergey Nazarov, Chainlink built the blockchain’s TCP/IP protocol, the Cross Chain Interoperability Protocol (CCIP). As of January 2023, more than 1,600 blockchain protocols have been integrated. Chain link technology (and the CCIP mainnet had not yet launched). Since then, 657 additional protocols have joined the ranks, including 148 in 2024.

Chainlink’s market capitalization currently stands at around $8.6 billion, down from its yearly high of $12.11 billion on March 11. Link ever reached $22 billion in May 2021 before starting to retrace. Strong support lies around the $8 billion market and has been tested repeatedly since November 2023.

Given that LINK Price value reached $22 billion with fewer customers and a relatively smaller bull run than the incoming one, you can expect this overlooked child to surprise many when the full-fledged bull run begins.

Conclusion

Industry executives expect the next bull run to be the biggest in crypto history. Regulators have approved two ETFs so far, and industry executives are discussing the possibility of creating more. These altcoins could likely reach a market cap of $100 billion or more.

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