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Solana’s Tumultuous Week: $SOL Falls Out of the Top 5 Amid LIBRA Scandal and BNB Surge

The past week has brought Solana ($SOL) a series of unfortunate events that have taken a toll on its standing in the crypto world, not to mention the health of its ecosystem. And while it might seem like Solana has a target on its back, its problems appear to be the result of a perfect storm of events. From the shocking LIBRA crypto scam to the top-of-the-charts performance from Binance Coin (BNB), one area of Solana's life isn't making up for the lack in any other area. For the first time in quite a while, Solana finds itself outside the top five by market cap. Let's break down the series of events that have made for some chaotic times for the Solana team. The LIBRA Scandal and Its Fallout Solana suffered its worst setback with the exposure of the LIBRA […]

Will Izuchukwu February 20, 2025

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Market Analysis

RAYDIUM PRICE ANALYSIS & PREDICTION (February 18) – Ray Forms New Bearish Pattern, Sets For a Massive Crackdown

Advancing bearish this week, Ray posted a huge loss in the past hours and now poise for more drops as it forms a classical head-and-shoulder pattern. It currently approaches a key support level for a breakdown. Last week saw Ray through a recovery after dropping steadily in the preceding week. However, the momentum was short-lived due to a sharp rejection and the price fell back, closing near the opening price. That triggered a serious drop since yesterday and the price dipped below $5. It is approaching a crucial support level, which has been suppressing bearish pressure for the past three months. If this support holds well, we can anticipate a bounce back. However, things might change this time. Looking at the latest price actions, which appear more like a classical head-and-shoulder (H&S) pattern on the daily chart, Ray may collapse […]

Michael Fasogbon February 18, 2025

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BNB Chain Revolutionizes Web3 in 2025: Faster, Smarter, and More Accessible

Significant advances are planned for BNB Chain in 2025. They are setting the stage for a faster, more effortless, and intelligent Web3 experience. New upgrades and innovations are putting BNB Chain in the conversation as a leader in the blockchain space. They are optimizing for speed, efficiency, and user experience. The changes afoot reflect a larger vision: to make Web3 applications as accessible and scalable as their more familiar predecessors, thus transforming the way users and developers interact with decentralized technologies. 2025: A Year of Major Upgrades and Advancements for BNB Chain The upgrades for 2025 at BNB Chain are focused on four main areas, which are aimed at taking the overall experience up a notch for both users and developers of decentralized applications: 1. Transaction speed: This is a critical area that not just BNB Chain, but all blockchain […]

Will Izuchukwu February 14, 2025

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Market Analysis

BINARYX PRICE ANALYSIS & PREDICTION (February 13) – BNX Taps $1 After Exploding By Over 400% in a Week, Briefly Lost Buzz

After witnessing a back-to-back drop for six months, BNX found a solid support and exploded massively to a new monthly high. It has currently lost buzz due to slight rejection. The past months painted a serious bearish scenario for BNX as it failed to push above the $1.7 level in the third quarter of 2024. Things got uglier as the crypto broke heavily below the key $1 level. Losing over 80% from that key level, it found a threshold at $0.13 during a major market crash last week and hold that price level as temporal support. It bounced back and close that week on a strong note. Continuing the positive actions this week, BNX surges consistently until the price hit $1 yesterday, retesting the broken key level as resistance. This marked a staggering 700% from the bottom, but the buying […]

Michael Fasogbon February 13, 2025

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News

Crypto Rollercoaster: The Rise and Fall of $CAR and the Cost of FOMO

The cryptocurrency market is unstable; this was recently demonstrated when $CAR, a new token, made a splash in the digital asset space. What started as an exciting new launch quickly became a tale of warning, highlighting the perils of speculative investing and the possibly even greater costs of getting swept up in the Fear Of Missing Out (FOMO) rush. The Rise, Crash, and Current Situation of $CAR The cryptocurrency $CAR, a relatively obscure digital currency, was met with excitement when its official announcement emerged just days ago. The token saw an immediate and impressive surge in value, with its market cap shooting from a tentatively $1 million to a heady $900 million in just a few hours. For many investors, this was an incredible opportunity, and the path of the digital asset made it seem as if it were set […]

Will Izuchukwu February 12, 2025

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Market Analysis

TRON PRICE ANALYSIS & PREDICTION (February 11) – TRX Return to Key Trading Level After a Week of Recovery, Can It Breakthrough?

Tron's native token is up by 6% today as the global crypto market continues to increase daily. While the price is trading back at a pivot level after a week of recovery, we may see an upsurge soon. After dipping to $0.2 last week, TRX found solid support and bounced back quickly. This led to a slight price increase and the crypto traded back at around the important $0.25 level at the time of writing. This trading level has been a barrier level for the bulls for over a month. Now that they are back at this important level again, we may see a major breakthrough if they show strong commitment. Otherwise, it may continue to hover around this trading level until a surge occurs. While it is still providing a discount on the short-term, we can expect a massive […]

Michael Fasogbon February 11, 2025

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News

The Sandbox Transfers Millions in $SAND Tokens Amid Price Decline: What’s Behind the Recent Movements?

In a notable development for the gaming community and the blockchain world, The Sandbox, one of the top decentralized gaming platforms, shifted around 5 million $SAND tokens worth nearly $2.06 million to the Binance exchange just an hour ago. This move has created quite a stir among the investment and analytical crowd, particularly with the timing in mind—$SAND’s value has plummeted about 41% in the past month. Yet, this transfer seems to be part of a much larger financial operation that engages several different addresses along with The Sandbox’s multi-signature wallet. https://twitter.com/ai_9684xtpa/status/1887150594798076273 A Deeper Look at The Source of Funds and Token Movement The transaction that deposited 5 million $SAND tokens into Binance can be traced back to blockchain address 0x010...fCc90, which has recently become a hotspot for Blockchain activity. This address received a sizeable endowment of 15 million $SAND […]

Will Izuchukwu February 7, 2025

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News

Murad Mahmudov’s Portfolio Plummets 53% in Two Weeks Amid Market Turmoil

The portfolio of Murad Mahmudov in recent weeks has suffered as sharp a downturn as any in the cryptocurrency market. Once worth $61.4 million, his holdings now stand at $28.8 million. This marks a stratospheric 53.1% drop in just two weeks. Overnight, his portfolio lost $10 million, and over the previous few weeks, it has lost $25 million in overall valuation. https://twitter.com/giottus/status/1886389365720457550?t=P5snwHFm6TyAa71DlAa_Wg&s=19 This sharp decline brings up two crucial things we need to think about: Whether his memecoin-focused investment strategy is sustainable; and whether these assets—they're definitely not safe investments—can come back. A High-Stakes Bet on Memecoins Murad Mahmudov, a Princeton alum with a traditional finance background, has for some time been a respected name in the crypto community. He started out as a Bitcoin analyst—using his finance acumen to understand and explain the trends driving the cryptocurrency market. In […]

Will Izuchukwu February 3, 2025

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