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Trader Says Altcoin That’s Ripped 222% in a Month Still Has Room To Run, Updates Outlook on SOL-Based Memecoin

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A closely followed crypto analyst believes one red-hot meme token operating on Solana (SOL) may continue soaring even higher. Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that artificial intelligence (AI)-based Fartcoin (FARTCOIN) may increase by more than 47% from its current value. “Would rather buy higher (break of $1) or lower ($0.70) for Fartcoin. This is either charging up for a big move up to $1.25 or it’s going to pullback, I don’t have a clue where it goes in the short term. What I do know, however, is that this thing is going to go higher later on.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests FARTCOIN make another attempt to break through resistance at $0.96. However, he says the meme asset may first return to the .382 Fibonacci retracement level at $0.70. Fartcoin hit a low of $0.265 on March 18th and is trading for $0.8542 at time of writing, up 222% in a ...
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Weekly Project Updates: SOL Reaches New All-Time High, Magic Eden to Hold TGE on December 10, 10 Trillion BONK Tokens Set for Destruction, etc

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1. SOL Hits New All-Time High, Cboe Submits 4 Solana Spot ETF Applications to SEC link Bloomberg ETF analyst James Seyffart shared that Cboe has filed applications with the SEC for four Solana spot ETFs, with issuers being VanEck, 21Shares, Canary Capital, and Bitwise. If the SEC does not reject these applications, the final decision deadline is expected in early August of next year. On Friday, Solana (SOL) surged past $260, setting a new all-time high with a 24-hour increase of 12.11%. The previous record was $259.9, achieved on November 6, 2021, making it 1,100 days since SOL last hit a historical peak. Solana’s Total Value Locked (TVL) has also exceeded $9 billion, marking the highest level since December 2021. The top five protocols by TVL are currently Jito ($3.706 billion), Kamino ($2.441 billion), Raydium ($2.407 billion), Jupiter ($2.373 billion), and Marinade ($2.083 billion). 2. USDS Stablecoin Launches on Solana, Sky Ecosystem Offers Over 500K USDS in Weekly Rewards link The...
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Cryptocurrency: 3 Coins Under $0.1 With Top Growth Potential

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The cryptocurrency market is gearing up for a rally with the SEC on the path to approving the Spot Bitcoin ETF. Bitcoin climbed above the $45,000 mark with speculations that the SEC could approve the BTC ETF this month in January 2024. The broader cryptocurrency market is experiencing significant gains due to the development and reaching new weekly highs. Now that the cryptocurrency market is in the green, leading altcoins have better chances of gaining traction and rallying in the indices. In this article, we will highlight the top 3 cryptocurrencies under $0.1 that have top potential for strong growth. Also Read: Top 3 Most Discussed Cryptocurrencies in the World Cryptocurrency: 3 Altcoins Under $0.01 With Strong Potential For Growth Dogecoin (DOGE) Source: CryptoPotato Dogecoin is currently hovering around the $0.07 mark and has more chances of climbing above the $0.1 level in the next leg-up. If the SEC approves the Spot Bitcoin ETF, Dogecoin could rally and dele...
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