TL;DR Analysts predict a major surge for Dogecoin, with targets ranging from $2 to $15, driven by historical performance and the potential approval of a DOGE ETF by Bitwise and other firms. The newly established Department of Government Efficiency (D.O.G.E.), led by Elon Musk, briefly boosted the meme coin’s price with one of its recent moves, while industry participants expect additional interactions. Major Rally on the Horizon? Dogecoin witnessed a significant pump a few days before Donald Trump’s inauguration as America’s 47th President, with its price briefly climbing to as high as $0.43. Most recently, though, it has been on a downtrend and currently trades at around $0.35 (per CoinGecko’s data). DOGE Price, Source: CoinGecko Despite the plunge, many analysts believe it has yet to shine during this bull cycle. Some of the optimists include the X users JAVON MARKS and Trader Tardigrade. The former envisioned a rise above $2, citing the asset’s historical performance, while the latter assumed DOGE could reach $4 in the following months. Ali Martinez also chipped in , making an even more bullish forecast. He believes DOGE could explode to a whopping $15 per coin, assuming the SEC approves Bitwise’s filing to launch a Dogecoin exchange-traded fund (ETF). The firm submitted its application to the Delaware Department of State’s Division of Corporation on January 22. Prior to that, REX Advisors and Osprey Funds jointly filed to introduce an ETF that includes exposure to the biggest meme coin. While the potential approval of such an investment vehicle might indeed positively impact the price of DOGE, the depicted target of $15 seems quite unlikely. After all, it would push the asset’s market cap to above $2 trillion. Currently, the capitalization of the entire cryptocurrency industry is approximately $3.6 trillion, with DOGE accounting for a little over $50 billion. Whales and D.O.G.E. Earlier this week, Martinez revealed that Dogecoin whales bought 590 million tokens (worth over $215 million at the time) in the span of 24 hours. Those actions reduce the circulating supply of the meme coin and could lead to a price rally (in case demand doesn’t head south). Another element that could positively influence the valuation is the newly established Department of Government Efficiency (D.O.G.E.). Besides having the same abbreviation as Dogecoin, the entity recently featured the meme coin’s logo on its official website, which resulted in a double-digit price spike for the asset. Moreover, the division is led by Elon Musk, a firm proponent of the OG meme coin. Many crypto community members expect his involvement in politics to be highly beneficial for DOGE, but only time will tell whether the entity will continue endorsing the token. The post Could Dogecoin (DOGE) Hit $15? Analysts Point to This Key Factor appeared first on CryptoPotato .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Solana Daily Active Addresses Surge Past 9 Million: A New Milestone
The Solana blockchain has reached an all-time high in daily active addresses , surpassing 9 million , according to data from Copper, a British cryptocurrency investment solutions provider. This remarkable achievement highlights Solana’s growing adoption and its position as a leading blockchain network. The recent surge in activity is believed to be heavily influenced by the launch of the Trump memecoin (TRUMP) , which debuted ahead of President Donald Trump’s inauguration. The memecoin, built on Solana, has attracted significant user engagement, contributing to the network’s historic milestone. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on the latest news, where we delve into the most promising ventures and their potential. Factors Behind Solana’s Record-High Activity Trump Memecoin Launch The introduction of the Solana-based Trump memecoin has sparked immense interest, leading to increased wallet activity and transactions on the network. High-Performance Blockchain Solana’s reputation as a fast and cost-efficient blockchain continues to attract developers and users. With transaction speeds reaching up to 65,000 transactions per second (TPS) and low fees, Solana is an ideal platform for high-traffic applications. Ecosystem Expansion Solana’s ecosystem is rapidly growing, with projects spanning DeFi, NFTs, gaming, and now meme tokens. This diversification drives sustained engagement across its network. What Does 9 Million Daily Active Addresses Mean? The milestone of 9 million daily active addresses signifies several key trends: Growing Adoption : More users are transacting and engaging with Solana-based dApps, tokens, and services. Increased Scalability : Solana has proven its ability to handle a large volume of transactions without compromising speed or cost. Strong Ecosystem Demand : The network’s ecosystem of projects and integrations continues to expand, appealing to a wide audience. Solana’s Competitive Edge in Blockchain Solana’s ability to achieve record activity highlights its competitive edge in the blockchain industry: Scalability : Solana’s architecture supports high throughput, enabling seamless user experiences even during peak demand. Cost-Effectiveness : With transaction fees averaging less than a cent, Solana remains one of the most affordable blockchain solutions. Ecosystem Growth : The network’s ecosystem is robust, with thousands of projects spanning DeFi, NFTs, and Web3 applications. Trump Memecoin: A Catalyst for Growth The launch of the Trump memecoin has played a pivotal role in boosting Solana’s daily active addresses. Key factors include: Community Engagement : Memecoins often attract enthusiastic communities, driving transaction volumes. Network Utility : The Trump memecoin’s activity showcases Solana’s ability to handle high-demand events without congestion. Broader Appeal : The association with a high-profile figure like Donald Trump has drawn attention to the Solana network. Challenges Ahead for Solana While Solana’s growth is impressive, it faces several challenges: Network Stability : Solana has experienced occasional outages in the past, which could undermine user confidence if not addressed. Regulatory Scrutiny : The launch of high-profile tokens like the Trump memecoin may attract regulatory attention. Rising Competition : Rival blockchains like Ethereum, Binance Smart Chain, and Avalanche continue to innovate, posing challenges to Solana’s dominance. The Road Ahead for Solana Solana’s record-breaking activity is a testament to its scalability, efficiency, and growing ecosystem. To sustain this momentum, the network must: Enhance Reliability : Address any potential network stability issues to maintain user trust. Expand Partnerships : Continue collaborating with developers and organizations to fuel ecosystem growth. Drive User Education : Educate users and developers about the benefits of building and transacting on Solana. Conclusion Solana’s surge to 9 million daily active addresses underscores its emergence as a top-tier blockchain network. Powered by its scalability, affordability, and diverse ecosystem, Solana is well-positioned to attract both developers and users. The launch of the Trump memecoin has further highlighted Solana’s ability to handle high-demand use cases, cementing its status as a blockchain for the future. While challenges like network stability and regulatory scrutiny remain, Solana’s impressive growth trajectory suggests a bright future for this innovative platform. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on the latest news, where we delve into the most promising ventures and their potential. FAQs What is the significance of Solana surpassing 9 million daily active addresses? This milestone highlights Solana’s growing adoption, scalability, and its ability to handle high transaction volumes efficiently. What role did the Trump memecoin play in Solana’s activity surge? The Trump memecoin launch drove significant user engagement and transactions, contributing to Solana’s record activity. Why is Solana considered a high-performance blockchain? Solana supports up to 65,000 TPS with low transaction fees, making it an ideal choice for developers and users. What challenges does Solana face moving forward? Key challenges include network stability, regulatory scrutiny, and competition from rival blockchains like Ethereum and Binance Smart Chain. How can Solana sustain its growth? Solana can maintain its momentum by improving network reliability, expanding partnerships, and educating users about its benefits. What makes Solana a preferred blockchain for developers? Solana’s fast transaction speeds, low costs, and robust ecosystem make it an attractive platform for building decentralized applications. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries. Crypto Potato
Best Crypto Presales to Buy Now for 100x — Larry Fink’s $700K Bitcoin Prediction
BlackRock, one of the biggest investment companies in the world, has given crypto enthusiasts a new reason to be excited. Its CEO, Larry Fink, has said that Bitcoin can be expected to make huge price moves, potentially reaching the $700K mark soon. The BlackRock CEO explained how political and economic instability is acting as a catalyst for Bitcoin, which serves as an internationally recognized currency free from any local fears. What’s more, Bitcoin is still holding steady above $104K, with a 12% uptick in the last month. With all the signs looking positive for BTC, and keeping in mind that the overall crypto market follows Bitcoin’s footprints, now is one of the best times to be a crypto investor. To help you out, here are 5 crypto presales that can offer up to a 100x return. 1. Wall Street Pepe ($WEPE) – Overall Best Crypto Presale for First-Time Investors Wall Street Pepe ($WEPE) has undoubtedly been one of the best crypto presale performances to date. Launched just over a month ago, $WEPE’s presale has already raised over $57.5M, with both retailers and whales gobbling it up at a breakneck pace. The presale ends in 24 days, so this could be your last chance to grab one of the best meme coins . What makes Wall Street Pepe stand out is its personal vendetta against crypto whales, who have been abusing insider information to manipulate the crypto market and feast on innocent retailers. The project aims to eliminate this lopsidedness by creating a frog army of retail investors and providing them with unique market insights, trading strategies, and real-time alpha calls. If you, too, want to beat the market and become a profitable crypto investor, join the $WEPE army for just $0.0003665 per token. For more, here’s how to buy $WEPE . 2. Solaxy ($SOLX) – World’s First-Ever Layer 2 Solana Ecosystem Solaxy ($SOLX) has been created to unlock the full potential of Solana, which currently struggles with issues like network congestion, failed transactions, and limited scalability. Solaxy has set aside a healthy 30% of its total token supply to resolve these issues. After raising $350K in the first 24 hours, the $SOLX presale is still going strong, with the total presale purse reaching over $13M. Don’t miss out on one of the next 100x meme coins , and get some for only $0.001612 each. Here’s a guide on how to buy $SOLX . 3. Mind of Pepe ($MIND) – AI Agent Offering Crypto Investment Advice MIND of Pepe ($MIND) is a self-sovereign AI agent with the ability to adapt and form his own opinions, as well as drive conversations and trends on dApps and online platforms such as X. $MIND uses hive-mind analysis to identify market trends before anybody else. He’ll then share his insights and access to new investment opportunities on his X and Telegram channels, giving token holders a real edge in the market. You can grab the best AI agent coin for just $0.0031762 if you get in now — here’s how to buy $MIND . Prices increase in the next 11 hours, so interested investors should hurry up. 4. Rexas Finance ($RXS) – Transforming Real-World Asset Tokenization $RXS is the native currency of Rexas Finance, an interesting crypto project that’s tokenizing real-world assets, such as real estate, gold, art, and commodities. The biggest benefit of this platform is that it simplifies investments. Investing in gold and other precious metals, for instance, will no longer be difficult and will involve just a few clicks. Plus, token holders will get to participate in fractional ownership. For example, let’s say there’s a massive mansion spread across multiple acres of land, and you don’t have enough funds to buy it all by yourself. In that case, you can use Rexas to own a fraction of the property for a fraction of the price. Speaking of $RXS’s presale, it’s coming to an end, meaning prices aren’t as low as they were, say, a couple of months ago. However, they’re still the lowest you’ll ever get them for. Each token is priced at $0.200, with the total presale funding at $43M so far. Out of the 500,000,000 total token supply, 434,925,318 have already been sold. 5. LuckHunter ($LHUNT) – Online Casino Where You Can Create a Custom Metaverse $LHUNT is the official token of the LuckHunter online casino. The platform itself is like any other: you can play casino games, bet, and win. However, what makes it unique is it lets you create a metaverse of your own digital casinos that you can rent. These casinos will be based in different cities, Las Vexus and Utlantic City (modeled after the real Las Vegas and Atlantic City), and you can lease the tables at your virtual casino for short-term or long-term profits. You can also customize the tables and ambiance and create your own gaming rules. What’s more, you can even host VIP events involving high-stakes games and special tournaments to earn luxurious rewards. 1 $LHUNT is currently available for $0.00138, but the price will increase by 10.5% as it enters the next stage of presale in just a couple of hours from now. Having already raised $1.1M in its ongoing presale, $LHUNT’s official website mentions that its potential listing price will be $0.005, which is more than 260% of the current price. Bottom Line While there’s little doubt that the above-mentioned crypto presales can go to the moon in 2025, it’s important to mix caution with chaos and only invest an amount you’re comfortable losing. There will be ups and downs, so make sure you do enough cardio to prepare your heart! Also, none of the above is financial advice, and we highly recommend doing your own research (DYOR) before investing. Crypto Potato