The creators of the crypto analytics firm Glassnode are warning that altcoins could lose all bullish momentum following last week’s market correction. Jan Happel and Yann Allemann, who go by the handle Negentropic on the social media platform X, tell their 63,400 followers that “altcoin season,” which they say began in late November, could come to an abrupt end after alts witnessed deep pullbacks over the last seven days. According to the Glassnode co-founders, traders and investors will likely have a risk-off approach on altcoins unless Bitcoin recovers a key psychological price point. “Is This the End of Altcoin Season? Bitcoin dominance is surging after dipping below $100,000, while altcoins are losing critical supports. Dominance has risen and resumed its upward trend, signaling a stronger BTC environment. If BTC stabilizes above $100,00, we might see a pump in altcoins now in accumulation zones. Until then, Bitcoin appears poised to lead, leaving altcoins lagging behind.” Source: Negentropic/X The Bitcoin Dominance (BTC.D) chart tracks how much of the total crypto market cap belongs to BTC. In the current state of the market, a surging BTC.D suggests that altcoins are losing value faster than Bitcoin. At time of writing, BTC.D is hovering at 59%. Looking at Bitcoin itself, the Glassnode executives say long-term Bitcoin holders are massively unloading their holdings as other investor cohorts pick up the slack. “The Board Keeps Shifting. As BTC continues flowing out of exchanges during this dip, long-term holders are exiting forcefully, while short-term holders step in without hesitation. Whales quietly accumulate, miners remain neutral, and selling pressure has merely reshuffled the board. New hands are absorbing the sales.” Source: Negentropic/X At time of writing, Bitcoin is worth $97,246. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post End of Altcoin Season? Glassnode Co-Founders Warn Alts in Danger of Lagging Behind After Last Week’s Correction appeared first on The Daily Hodl .
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Regret Not Buying Solana (SOL) at $0.50? Here Are 2 Tokens That Look Like SOL Before It Took Off
The post Regret Not Buying Solana (SOL) at $0.50? Here Are 2 Tokens That Look Like SOL Before It Took Off appeared first on Coinpedia Fintech News Solana started small, at $0.50. However, the coin has grown rapidly and ranks sixth in market capitalization among the most successful cryptocurrencies. Market capitalization has increased, reaching fifth position thanks to the SOL token, which has grown tremendously. Meanwhile, SOL is currently trading for $214, a 42000% increase over the last four years. However, the price of the coin has increased tremendously, its constant workings have made it one of the most recognized coins, cutting out the competition. This remarkable growth has made SOL an icon. Yet, investors who missed out on the token can’t turn back the hands of time. However, they still have another chance to see such a parabolic surge. Two tokens— Rexas Finance (RXS) and Sei (SEI)—are showing early bullish potential and might just be the next Solana. Rexas Finance (RXS): The Rising Star of Cryptocurrency Rexas Finance is a new entrant into the crypto market that has leveraged the popular real-world asset sector. The project tokenizes real-world assets like real estate and fine arts, turning them into digital fractions. Through tokenization, Rexas Finance breaks down barriers to entry and allows smaller investors to get involved in real-world assets. This process not only makes investing more transparent but also boosts liquidity. Using blockchain technology, Rexas Finance simplifies asset management and stands out as a leader in this growing space. As more industries adopt blockchain, Rexas Finance is set to grow into a pioneer of real-world asset tokenization. The platform simplifies complex financial systems for individuals and institutions through user-friendly tools like the Rexas Token Builder and Rexas Estate . Rexas Finance has allocated 42.5% of its tokenomics to its public presale, which has been successful and has drawn investors. The presale is currently in stage ten, selling for $0.150. The next stage will increase the price to $0.175; the token’s launch price is expected to be $0.20. The token will skyrocket by 566% before its official launch. Crypto experts are optimistic about its post-launch potential, suggesting that RXS could become a major asset for investors. The project also did a CertiK audit to double-check its security and reliability. The coin is also listed on CoinMarketCap and CoinGecko, where users can track it in real time, enhancing its visibility and transparency. Additionally, Rexas Finance plans to launch on three major exchanges to reach a broad audience. Rexas Finance achievements and its focus on cutting-edge technology position Rexas as a significant player in the financial space. With its remarkable presale performance and ambitions, RXS is preparing for massive growth. Analysts speculate that it will likely surge past $20 after its launch. In the long run, it could reach more ambitious heights, delivering exponential gains similar to Solana. Thus, investors must refrain from sleeping on this opportunity. Rexas Finance also runs a $1 million giveaway to foster community engagement. Twenty lucky participants will have a chance to win $50,000 worth of RXS tokens each. Sei (SEI): Poised For A Strong Future Sei is a high-performing Layer 1 blockchain launched in September 2023 at $0.14. Since then, it has shown a remarkable increase. SEI reached an all-time high of $1.14 in less than a year, a stunning 714% rise from its starting price. At press time, SEI trades at $0.5. However, it’s still poised to do more, possibly mirroring SOL’s ascent. SEI’s current technical performance suggests a promising future. It also gains social engagement, indicating a rise in community interest in the token, which is a vital foundation for future growth. Sei has gained three million new users in the past three months alone. Investors’ confidence in Sei is also boosted by its dedication to improving its ecosystem. A recent announcement revealed that DEX Screener has been integrated into the network, giving users access to real-time chart tracking and trading insights. This move improves usability and shows Sei’s dedication to providing practical solutions for its users. SEI’s breakout performance and increasing use cases show its potential to become a significant player in the blockchain space. SEI is strategically aligning itself with the broader trend of tokenized assets, a sector gaining global momentum. Sei’s ability to adapt to and thrive in this evolving environment gives it a competitive edge. Sei’s innovative approach and growing adoption suggest it could carve out a lasting role in the blockchain landscape that will help it gain a strong position and reimagine Solana’s momentum in the crypto space. Conclusion If you missed out on the massive profits that investing early in Solana offered, you have another chance to invest in Rexas Finance (RXS) and Sei (SEI), which have great potential like SOL. Rexas Finance will launch at $0.20. It has the potential to grow fast and continue surging to greater heights like Solana. Thus, it offers the best opportunity for those seeking SOL-like gains in 2025. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance The Daily Hodl
Whale Moves: $29.93 Million Profit and Recent 31.52 Million USDT Deposit into Binance
COINOTAG reports on December 23rd that a notable cryptocurrency whale, identified as @ai_9684xtpa, has successfully realized a profit of $29.93 million through strategic trading since May 2023. This market participant The Daily Hodl