Author: Benjamin Lee
A widely followed crypto analyst says one under-the-radar altcoin is about to break out while updating his outlook on the top two digital assets by market cap. In a new strategy session, crypto trader Michaël van de Poppe tells his 763,900 followers on the social media platform X that Clearpool Protocol (CPOOL), a decentralized marketplace where institutions can obtain loans, is on the cusp of a new upward trend. “What a bounce on CPOOL. 70% from the lows. I think it’s in for a new leg upwards. They’ve been classified as ‘most innovative real-world asset (RWA) [protocol]’ in CoinMarketCap’s 2024-2025…
An Ethereum (ETH)-competitor is printing gains after receiving support from the world’s largest crypto exchange by volume. In a new announcement, Binance says it will be adding support for Sonic (S), formerly known as Fantom (FTM), to many of its programs. “Binance is excited to announce that Sonic will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures.” News of the addition helped push Sonic’s price up, as the digital asset went from a weekly low of $0.68 on January 13th to a peak of $0.835 on January 15th, a gain of…
A memecoin named after Coinbase co-founder Brian Armstrong’s cat is surging after the top US crypto exchange added the digital asset to its listing roadmap. Toshi (TOSHI), a memecoin built on the Ethereum (ETH) layer-2 scaling solution Base, soared by triple percentage points as Coinbase made the announcement. A day before the listing, TOSHI hit a low of $0.00001161 and then surged to a high of $0.0003679 after the news, a 216% gain. The memecoin has since retraced. TOSHI is trading for $0.0002953 at time of writing. With a market cap of $126.5 million, TOSHI is the 507th largest crypto…
A widely followed cryptocurrency analyst and trader is leaning bullish on a large-cap Ethereum (ETH) competitor. The analyst pseudonymously known as Sherpa tells his 239,200 followers on the social media platform X that Solana (SOL) has more upside potential, even as the Ethereum challenger sits around 30% below the all-time high of about $263 reached in November of 2024. “SOL pretty neutral chart overall in the short term but I still think SOL is going to go much higher later. To be determined if it’s going to outperform Bitcoin and Ethereum over long stretches like it has but it’s still…
A popular crypto strategist thinks an altcoin in the decentralized finance (DeFi) space looks strong against the US dollar and Bitcoin (BTC). Pseudonymous analyst Bluntz tells his 308,500 followers on the social media platform X that DeFi lending platform Aave (AAVE) is flashing multiple bullish signs on the eight-hour chart. “AAVE [is] one of my favorite looking alts here, clear ABC down on the eight-hour chart, clear five waves within the C wave AND a cracking eight-hour bullish divergence brewing. T1 (tier-one) setup in my opinion.” Source: Bluntz/X Bluntz follows the Elliott Wave theory, which states that a bullish asset…
The Ethereum (ETH) layer-2 protocol developed by consumer electronics and entertainment giant Sony Group is now live. Sony Group says the Soneium Mainnet, which is developed by Sony Block Solutions Labs and powered by Optimism Foundation’s Superchain technology, is now operational. The Japanese conglomerate announced the development of Soneium in August of 2024. The consumer electronics and entertainment giant says Soneium’s goal is to “provide use cases that creators and fans can benefit from” through the open and global blockchain technology. “In this early phase, we aim to maximize creators’ creativity, benefits, and fan engagement onchain. By protecting content rights…
Prominent analytics firm Santiment says a handful of low-cap altcoins are seeing a drastic rise in the count of new wallets created over the past week. In a thread on the social media platform X, Santiment says the artificial intelligence (AI) related crypto project IQ.wiki (IQ) leads the pack after seeing a massive rise in network growth, with a 2,500% surge in new wallets created in the last seven days. IQ bills itself as the “primary source of objective, high-quality knowledge on the internet today for everything related to blockchain and cryptocurrencies.” The project uses AI to scale its content and…
Blockchain analytics and visualization platform Bubblemaps is announcing the launch of a new native token alongside the release of new features aimed at turning investors into investigators. In a new announcement on the social media platform X, Bubblemaps introduces the Bubblemaps Token (BMT), the platform’s first native coin. “ANNOUNCING BMT The official Bubblemaps Token – powering the upcoming Intel Desk. Soon.” Bubblemaps, which launched in 2021, visualizes blockchain data by representing digital wallets as interconnected bubbles, which aims to allow users to spot potential red flags, such as concentrated token holdings that could indicate market manipulation risks or other signals.…
A Solana (SOL)-based memecoin is surging after gaining support from top US crypto exchange Coinbase. In a post on the social media platform X, Coinbase announces the addition of Peanut the Squirrel (PNUT) to its platform for spot trading. Amid the news, Peanut the Squirrel is up 26.9% on the day. PNUT is trading for $0.62 at time of writing, and with a market cap of $627.9 million, the memecoin is the 165th largest crypto project. Coinbase signaled last month that a PNUT listing would occur at some point after adding the digital asset to its listing roadmap. Coinbase uses…
A widely followed cryptocurrency trader is warning that several large-cap memecoins are printing bearish price patterns. The trader pseudonymously known as Altcoin Sherpa tells his 239,100 followers on the social media platform X that memecoins like Pepe (PEPE), Bonk (BONK) and dogwifhat (WIF) are printing lower highs and lower lows on their price charts. He suggests that top memecoins may still witness rallies over time, but they may not outperform the market like they did early last year. “Big-cap memes don’t look great overall, but this isn’t the place to be shorting in my opinion. PEPE [on the daily chart]…