The cryptocurrency derivatives market has witnessed a massive $306 million in liquidations over the past 24 hours as Bitcoin and other major altcoins rallied. Long and Short Traders Equally Impacted According to CoinGlass, the liquidations were evenly split, with $154 million in long positions and $151 million in short positions wiped out. This suggests that … Continue reading "Crypto Market Sees $306M Liquidations as Bitcoin Hits $104K" The post Crypto Market Sees $306M Liquidations as Bitcoin Hits $104K appeared first on Cryptoknowmics-Crypto News and Media Platform .
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We Asked ChatGPT if Shiba Inu (SHIB) Can Become a Top 10 Cryptocurrency This Year
TL;DR Shiba Inu’s potential return to the top 10 hinges on expanding its ecosystem, like the continued progress of its L2 scaling solution, Shibarium. However, it faces growing competition from other meme coins. Dogecoin (DOGE), which seems poised for a good year due to Musk’s involvement in politics , remains its biggest rival. The Necessary Factors The popular meme coin performed quite well in 2024, and at one point, it had secured a position among the top 10 largest cryptocurrencies by market capitalization. Over the past several months, though, many of its rivals surpassed it. The self-proclaimed Dogecoin killer is currently the 19th-biggest digital asset, and we asked ChatGPT whether it can return to the top 10 club in 2025. The AI-powered chatbot said this is possible but requires several vital factors to be in place. First, it claimed that SHIB could climb the crypto ladder if its ecosystem continued to expand this year. One example is the further progress of the layer-2 scaling solution, Shibarium. The protocol, whose ultimate goal is to foster the development of the meme coin, recently reached a new milestone. As CryptoPotato reported , the total transactions processed on the network exceeded 800 million. Next on ChatGPT’s list is the potential growth of SHIB’s community in the next 12 months. The SHIB Army consists of millions of investors, developers, and proponents, and their collective actions, both positive and negative, can affect the token’s market performance. Third, the chatbot estimated that SHIB’s eventual rally this year would also depend on the overall crypto market conditions. The current bullish environment and the upcoming pro-crypto president of the United States – Donald Trump (according to his presidential campaign) – suggest that the following months could be beneficial to the industry. However, only time will show whether this will be the case. The Competition It is important to note that SHIB’s competitors and other new entrants may challenge SHIB to get a top position. Some examples include Pepe (PEPE), Pudgy Penguins (PENGU), ai16z (AI16Z), and more. Shiba Inu’s bigges t rival remains the largest meme coin in terms of market capitalization – Dogecoin (DOGE). According to many industry participants, the OG meme coin may also experience a great year. After all, Elon Musk – one of its biggest fans – will enter the US political scene. He will lead a designated agency called the Department of Government Efficiency (D.O.G.E.). Its main goal will be to reduce government spending and solve the problem of “the suffocating massive federal bureaucracy. “ However, many Dogecoin proponents have noticed that the division’s abbreviation is the same as their favorite coin, envisioning good days ahead for the dog-themed token during Musk’s leadership. The post We Asked ChatGPT if Shiba Inu (SHIB) Can Become a Top 10 Cryptocurrency This Year appeared first on CryptoPotato . Cryptoknowmics
Ethereum’s $10K Potential: Why Solana and These Cryptos Are Must-Haves
A well-known Bitcoin billionaire who once built their fortune on Bitcoin’s meteoric rise is now turning their attention to a new altcoin, predicting an astonishing 150x return. While Bitcoin (BTC) remains a stronghold, the billionaire’s shift in focus has intrigued many in the crypto community. BigBossInu, along with established names like Cardano (ADA), Solana (SOL), Kaspa (KAS), and Arbitrum (ARB), is emerging as one of the most promising altcoins in 2025. Let’s dive into why these altcoins are capturing attention and why BigBossInu might be the next big thing in the cryptocurrency market. BigBossInu: Shaking Up the Crypto World with a Powerful Presale BigBossInu is making waves in the crypto space, thanks to its dynamic and l presale that is drawing significant attention from investors. Investors are flocking to the project for its high-reward potential, driven by an ambitious vision and trailblazing technology. With a roadmap designed for scalability and growth, BigBossInu is well-positioned for significant returns in the near future. BigBossInu : $100,000 raised in minutes! Celebrate with a 50% EXTRA BONUS using code EXTRA50X for a limited time only. >> Cardano (ADA) has consistently been one of the top-performing cryptocurrencies due to its focus on sustainability, scalability, and security. Cardano’s methodical, research-driven development process ensures that it remains at the forefront of blockchain innovation. Solana (SOL) continues to be a leader in high-speed blockchain transactions, with its network capable of handling thousands of transactions per second at low costs. Its ability to handle a high volume of transactions has made it a go-to platform for building decentralized projects. Kaspa (KAS) is gaining attention for its innovative approach to Proof-of-Work (PoW) consensus, offering fast, energy-efficient transactions. With increasing adoption, Kaspa (KAS), currently priced at a modest $0.05, making it one of the altcoins to keep an eye on for high returns. Arbitrum (ARB) is a decentralized application (dApps) and DeFi projects continue to flock to the Ethereum network, solutions like Arbitrum are becoming more essential. Arbitrum’s potential for high returns makes it a strong contender for investors looking to capitalize on Ethereum’s continued success. >>>> Conclusion As the cryptocurrency market evolves, BigBossInu has emerged as a top pick for investors seeking explosive growth, with one Bitcoin billionaire predicting a 150x return. While established altcoins like Cardano (ADA), Solana (SOL), Kaspa (KAS), and Arbitrum (ARB) remain strong contenders for significant gains for 2025. To learn more about BigBossInu and its Presale visit: Presale: https://bigbossinu.com/buy-token Website: https://bigbossinu.com Telegram: https://t.me/bigbossinu X/Twitter: https://x.com/BigBossInu Continue Reading: Ethereum’s $10K Potential: Why Solana and These Cryptos Are Must-Haves Cryptoknowmics