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XRP Price Spikes 16%, Could Flockerz and Crypto All-Stars be the Next Altcoins to Explode?

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XRP has rebounded after a period of bearish momentum, jumping 16% in the past 24 hours.

That’s the largest one-day gain in the past nine days.

However, XRP isn’t the only crypto turning heads.

Many traders are eyeing up-and-coming presale projects Flockerz and Crypto All-Stars as candidates for even greater returns.

XRP Rebounds & Reaches Highest Price in Over Three Years

XRP is now trading at $1.66, which is a price that hasn’t been seen since May 2021.

The token’s price chart has been flashing bullish for weeks, and recently formed a bull flag pattern on the 4-hour timeframe.

XRP has now broken out of that pattern – and is on track to make it four green weeks in a row.

So, why all the positivity?

For starters, investors are buzzing about the upcoming changes at the SEC.

Gary Gensler will be leaving his post in January, and that has everyone hoping for a regulatory environment that’s a bit more crypto-friendly.

In addition, XRP is seeing massive trading volumes on South Korean exchanges, suggesting strong institutional demand in Asia.

But the real catalyst is the amount of XRP flowing into long-term storage wallets.

Whales are settling in for the long haul, taking a lot of XRP out of circulation.

This move suggests they think XRP’s price will keep rising.

Low-Cap Gem Flockerz Could Deliver Higher Gains Than XRP as Presale Hits $3.7M

XRP is bullish right now, but smaller-cap cryptos often have more room for upside during periods of positive market momentum.

That potential for massive gains has everyone scanning for the next big thing – the hidden gems that could outpace XRP and other top altcoins.

That’s where Flockerz (FLOCK) comes in.

This project is offering a brand-new approach to community governance.

The team has built a Flocktopia DAO setup, which basically turns FLOCK token holders into decision-makers.

And because the DAO has a Vote-to-Earn system, Flockerz actually rewards its community members with extra tokens for voting on proposals.

That includes everything from marketing strategies to which exchanges FLOCK will list on.

Unsurprisingly, the community is hyped about this approach.

Flockerz’s presale has been on fire, raising over $3.7 million in early funding before the token’s official launch.

FLOCK tokens are currently on offer in presale for just $0.006175 each.

Some big names are excited about the token’s prospects, including ClayBro, who said it is “set to soar” after it hits the open market.

So, although XRP is getting all the attention right now, Flockerz looks primed to make a significant impact as well.

New Meme Coin Project Crypto All-Stars Also Impresses in Presale & Receives Analyst Backing

Flockerz is doing its thing with governance, but Crypto All-Stars (STARS) is shaking up the meme coin space in a different way.

Their main feature, the MemeVault, solves a problem that’s been plaguing the space forever: how to actually earn from those tokens just sitting idle.

The idea is simple.

MemeVault lets users stake their meme coins, like PEPE and FLOKI, and earn STARS tokens as a reward.

It’s like those meme coins suddenly have utility and can generate passive income.

Since utility coins are expected to become popular again in 2025, Crypto All-Stars looks well-positioned to benefit.

And the project is already seeing huge demand in presale.

At the time of writing, the STARS presale has raised over $6.8 million and has only 21 days before it ends.

That means investors have one last chance to snag STARS for just $0.0016384 each.

Like with Flockerz, several top crypto experts have endorsed Crypto All-Stars, including Mr. Flo.

He released a video earlier this week discussing how bullish he is on the Crypto All-Stars ecosystem.

With the hype building and the first exchange launch approaching, STARS could be another low-cap crypto set to follow or perhaps even exceed XRP’s gains.

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

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Cryptocurrency

Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off?

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TL;DR

  • Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals.
  • Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July.
  • Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading.

Large Withdrawals and Whale Activity

Ethereum (ETH) has seen heavy movement from major wallets over the past few days. On-chain data from Lookonchain shows a newly created wallet pulled 17,591 ETH, worth $81.62 million, from Kraken in just two hours. 

Over three days, two new wallets withdrew a combined 71,025 ETH, valued at $330 million, from the exchange.

One of these wallets, address 0x2A92, has withdrawn 53,434 ETH, worth $242.34 million, in two days. This includes a recent purchase of 30,069 ETH, valued at $138.46 million, during a market drop.

Major ETH Holders Offload Millions Amid Price Rally

In contrast, several separate entities have been disposing of some ETH holdings. A wallet tied to a hacker address 0x17E0 sold 4,958 ETH for $22.13 million at $4,463, securing a profit of $9.75 million. Earlier this year, the same address sold 12,282 ETH at $1,932 and later bought back part of the amount at higher prices.

A different whale sold 20,600 ETH for $96.55 million over the past two days, generating a profit of more than $26 million after holding the position for nine months. 

Meanwhile, an Ethereum Foundation-linked wallet, 0xF39d, sold 6,194 ETH worth $28.36 million in the last three days at an average price of $4,578. 

Recent sales from the same wallet included an additional 1,100 ETH and 1,695 ETH for over $12.7 million combined.

Network Activity on the Rise

CryptoQuant data shows Ethereum’s total tokens transferred have been climbing since August 9. After ranging between 1 million and 3 million ETH through late July and early August, transfers have risen to 4.6 million ETH, approaching the monthly high of 5.2 million recorded in mid-July. This increase has occurred alongside a price rally from about $3,400 to $4,600.

Ethereum (ETH) Tokens Transferred (Total)
Source: CryptoQuant

Interestingly, staking inflows generally stayed between 20,000 and 80,000 ETH per day over the past month. On August 14, inflows jumped to 247,900 ETH, the highest in the period. 

At the time, ETH was trading near $4,600. Large staking deposits reduce the amount of ETH available for immediate trading, as staked coins are locked for a set period.

Ethereum (ETH) Staking Inflow Total
Source: CryptoQuant

In the meantime, ETH trades at $4,647 with a 24-hour volume of $68.25 billion, down 2% on the day but up 19% over the week.

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Cryptocurrency

Massive DOGE Whale Activity Hints at $1 Breakout

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TL;DR

  • Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins.
  • A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements.
  • DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark.

Price and Market Moves

Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the past day but still showing a 2% gain for the week. Daily turnover came in at about $6.18 billion. 

Meanwhile, the broader crypto market saw over $1 billion in liquidations. Hotter-than-expected US Producer Price Index data pushed traders to scale back expectations of a near-term Federal Reserve rate cut. DOGE had roughly 290,500 coins liquidated during the sell-off.

On the two-week chart, analyst Trader Tardigrade notes that DOGE has cleared a downward-sloping resistance line after completing what appears to be a “wave V” in an Elliott Wave sequence. Similar setups in the past, where prolonged declines stayed within falling channels before breaking higher, have been followed by sharp rallies.

Momentum gauges are also turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading higher. Previous reversals from this zone have coincided with sustained upward moves. The current formation points to a possible run that could carry DOGE past the $1 mark.

Heavy Whale Buying and Large Transfers

As reported by CryptoPotato, blockchain data shows large investors have added two billion DOGE in the past week, spending just under $500 million. That brings their holdings to about 27.6 billion coins, or 18% of the supply. The buying streak has prompted speculation within the community. 

Recently, Whale Alert flagged a 900 million DOGE transfer worth about $208 million into Binance. The tracking indicates that it originated from a wallet connected to the exchange, likely as an internal activity. The address involved holds 2.88 billion DOGE, one of the largest balances on the network.

Ali Martinez also reports that transactions above $1 million reached a one-month high, with activity building since early August and peaking as DOGE traded at $0.25.

Sentiment Building

Analyst Gordon described the current setup as “a nice bit of consolidation” before a potential breakout, adding, 

“This will be one of the first coins normies FLOCK to & the pump will be MASSIVE.”

With whale accumulation rising, high-value transfers increasing, and a bullish technical pattern in play, DOGE is positioned for a potential push toward $1 if momentum holds.

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Ripple Price Analysis: XRP at Risk as Key Support Levels Could Trigger Sharp Drop

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XRP has recently entered a consolidation phase after a strong rally earlier this summer, with the price action now hovering around key resistance levels on both its USDT and BTC pairs. Yet, while momentum has slowed, the charts still indicate a generally bullish structure, with multiple key support levels remaining firmly in place.

Technical Analysis

By ShayanMarkets

The USDT Pair

On the XRP/USDT daily chart, the price is currently trading near the $3.10 mark, facing a strong resistance zone around $3.40. This follows a breakout above the $2.70 range in July, which has now flipped into a support area.

Both the 100-day and 200-day moving averages are also trending upward and recently formed a bullish crossover around $2.45, reinforcing the medium-term bullish sentiment. If the $3.40 resistance breaks, a push toward the critical $4.00 range becomes likely.

However, the RSI hovering near the neutral 50 level suggests a lack of strong momentum for now, meaning a short-term pullback into the $2.80 support zone is still possible.

This zone will be key for maintaining the bullish structure. Losing it could open the door for a deeper correction toward the 200-day moving average located around the $2.40 mark. Yet, as long as the price stays above the moving averages, the broader trend remains bullish.

The BTC Pair

Looking at the XRP/BTC chart, the pair has recently pulled back after hitting the 3,000 SAT resistance, with the price currently around 2,600 SAT.

This follows a clean breakout above the long-term descending channel and a successful retest of its upper boundary, which coincided with the 200-day moving average and the 2,400 SAT support zone. This confluence remains a key bullish technical factor, as holding above it could attract renewed buying pressure.

That said, RSI levels around 48 show that momentum has cooled after the sharp July rally, meaning XRP may continue ranging between 2,400 SAT and 3,000 SAT in the near term. A decisive close above 3,000 SAT would likely open the path to the 3,400 SAT zone, while losing 2,400 SAT could shift the bias back toward 2,000 SAT support. For now, the structure still favors the bulls as long as higher lows remain intact.

 

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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