• arrow_back Home
  • keyboard_arrow_rightprofit

profit

Results 11-17 of 17 remove Page 2 of 2

Category filter keyboard_arrow_down
trending_flat

News

The Rollercoaster Ride of $JAILSTOOL: Will Patience Pay Off or is It Another Gamble Gone Wrong?

There's nothing new for the cryptocurrency world regarding volatility, but the recent enthusiasm around tokens such as $JAILSTOOL, $TST, and $BIGBALLS has taken the market's erratic behavior to newfound levels. These digital assets appear to be engaging in a well-rehearsed pre-ICO (initial coin offering) price pump and dump. Yet, even by that risky standard, the tokens do not seem to be doing well; they have not catalyzed much trading activity at genuine crypto exchanges, suggesting that if they're following any trend, it's a "Christmas tree" pattern. A Classic Crypto Frenzy: The Rise and Fall of $JAILSTOOL The cryptocurrency community was recently captivated by $JAILSTOOL, a token that shot up to an incredible market cap of over $200 million. Investors, apparently captivated by its rapid growth, were all set to capitalize on what seemed like a probably token that could reach […]

Will Izuchukwu February 12, 2025

trending_flat

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

trending_flat

News

Whales Dive Into $HYPE: What’s Next for Hyperliquid’s Future Growth?

Hyperliquid, a decentralized exchange (DEX) renowned for its groundbreaking method of on-chain trading, is seeing a newfound wave of activity—largely the work of "whales" making big moves in its native token, $HYPE. Recent action has involved hefty deposits being funneled into the Hyperliquid platform, prompting guesswork not just about what the money might be for but also about where Hyperliquid as a whole might be headed. Pundits have also begun to speculate on the "underpriced" nature of $HYPE given what seem to be some imminent, transformative developments in the Hyperliquid ecosystem. Big Whale Moves: $HYPE Surge and Market Interest In recent days, whales have been actively buying the $HYPE token, expressing strong confidence in Hyperliquid. Address 0xfD7A...Ea8d deposited $3 million in $USDC into Hyperliquid just hours ago and used it to purchase 130,422 HYPE tokens, worth about $2.96 million. This […]

Will Izuchukwu February 8, 2025

trending_flat

News

Ethena Labs Set to Revolutionize Digital Finance with Launch of iUSDe

Emerging as a leader in the world of digital finance, Ethena Labs is set to introduce its next big thing later this month: the yield-bearing synthetic dollar, iUSDe. This new addition looks to bolster Ethena’s offerings around its flagship stablecoin, USDe, and up its game in institutional finance. Unlike your run-of-the-mill neobank, Ethena's ambition is to fully populate and capitalize on the digital space, disrupting decentralized finance (DeFi) solutions at the same time. Here’s how that ambition plays out in a live revenue model. https://twitter.com/Bullrun_Gravano/status/1887218361508999670?t=RgCLFRsA3z2jGBcWwZjwxQ&s=19 iUSDe: The Next Step in Digital Finance The introduction of iUSDe comes as Ethena aims to broaden its reach in the fast-expanding stablecoin market. With USDe already holding the position of the third-largest dollar-pegged stablecoin in the crypto space, iUSDe is set to further reinforce Ethena's standing in the financial ecosystem. Whereas most stablecoins simply […]

Will Izuchukwu February 7, 2025

trending_flat

News

Insider Trading Suspicions Rise as Wallet 3VR8r…wZz4j Profits $3.94M in Minutes from ENRON Trading

The cryptocurrency market is still witnessing trading activities that are nothing short of amazing, with certain transactions now even raising the eyebrows of regulators and compliance officers. A case in point is the trading wallet 3VR8r...wZz4j and its recent foray into trading the token ENRON. With a $1.2 million investment, this trading address saw its net worth swell to $3.94 million in just 12 minutes, according to the website in another news story within this issue. A Profitable ENRON Trade in Just 12 Minutes According to on-chain data, a trader ordered an aggressive buy. The order was placed in the very first minute that ENRON existed. For the sum of $1,200,000 USDC, the trader purchased 10,750,000 tokens at an average price of $0.1487 per token. This price gave the appearance of being the low point. The trader perfectly executed what […]

Will Izuchukwu February 5, 2025

trending_flat

News

Whale ARC Keeps On Buying Even When Floating Losses Exceed $1 Million

A significant investor in the ARC token is showing no signs of slowing down despite facing substantial unrealized losses. Over the past nine hours, the second-largest holder of ARC has kept on accumulating, adding another $1.495 million worth of tokens to their position. This most recent purchase brings their total holdings to 17.2 million ARC, which means they are still confidently holding the asset even though its price is well below their average entry cost. Whale Accumulation Continues Despite Losses The first accumulation of ARC by the investor happened on December 26, 2024. Since then, they have strategically purchased the token in three separate batches. Their average acquisition price is $0.3153 per token. However, ARC is currently trading at $0.2417, which means that they have a sizable unrealized loss of 23.3% on their holdings. In total, though, their floating loss […]

Will Izuchukwu February 4, 2025

trending_flat

News

Jupiter Protocol Allocates $50 Million for JUP Token Buyback to Drive Long-Term Growth

Aiming to foster long-term value for its native token, $JUP, Jupiter Protocol has made a strategic announcement: 50% of the protocol's fee income will go toward repurchasing $JUP tokens. Given the protocol's substantial revenue growth forecast for 2024, this buyback plan signals a near- and long-term commitment to improving the token's market dynamics and its standing in the Solana ecosystem. Exceptional Revenue Growth in 2024 Over the last year, Jupiter Protocol has grown tremendously, racking up $102 million in total revenue for 2024. That achievement has given it the 7th place spot among decentralized applications (DApps) on the Solana blockchain when it comes to income. Most of that revenue comes from Jupiter Perps, the protocol's perpetual futures platform, which boasts an impressive 84% market share among perpetual decentralized exchanges (PerpDEX) on Solana. One of the most striking aspects of 2024 […]

Will Izuchukwu January 27, 2025

Login to enjoy full advantages

Please login or subscribe to continue.

✖

Go Premium!

Enjoy the full advantage of the premium access.

✖

Stop following

Unfollow Cancel

✖

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation

✖