23 days ago
A widely followed crypto strategist believes it’s only a matter of time before top memecoin Dogecoin ( DOGE ) erupts. Pseudonymous analyst Bluntz tells his 301,200 followers on the social media platform X that DOGE only needs to take out its diagonal resistance at around $0.50 to ignite rallies to a fresh all-time high. “When DOGE finally breaks this three-week range, the upside move will be violent, just like the last one, in my opinion. Tick tock.” Source: Bluntz/X Looking at the trader’s chart, he seems to predict that DOGE can surge to a new record high above $0.90. At time of writing, DOGE is worth $0.422. Bluntz also thinks that December will be an incredibly bullish month for crypto with the top memecoins leading the charge. “Let the Santa rally begin… DOGE, PEPE and SHIB all doing more volume than Solana [Monday] despite being, in some cases, 1/10th of the market cap. If you think the meme meta is dead, I’m sorry but you’re not going to make it.” Source: Bluntz/X Bluntz also says that retail traders are now pouncing on crypto and are more interested in coins that emerged during the 2017 market cycle, known as “dino” coins. “After observing retail finally coming back and deciding to start bidding…. ‘drum roll’ the same cr*p they bid last cycle. Makes me think when the memecoin bid inevitably comes back on they’re going to bid on dino memes as well. Obviously DOGE, but ALSO SHIB, FLOKI, etc.” 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: Midjourney The post ‘Let the Santa Rally Begin’: Top Trader Predicts Massive Rally to New All-Time for Dogecoin – Here’s His Target appeared first on The Daily Hodl .
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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.
USV Transfers $54.56M In $UNI To Coinbase Prime Amid Increased Institutional Interest
Union Square Ventures (USV) has continued its active movement of $UNI tokens, transferring 578,000 $UNI (valued at $8.45 million) to Coinbase Prime just eight hours ago. This marks the latest in a series of transactions that began on December 6. Over the past three weeks, USV has transferred a total of 3.511 million $UNI tokens, worth approximately $54.56 million, to Coinbase Prime. These tokens, originally acquired through USV’s investment in 2020, have an average transfer price of $15.53 per token. Despite these substantial transactions, USV still holds an impressive 10.364 million $UNI tokens, valued at $149.66 million, further cementing its position as a significant $UNI holder. USV 在 8 小时前继续向 Coinbase Prime 转移了 57.8 万枚 $UNI ($8.45M)。 USV 从 12/6 开始将 2020 年通过投资获得的 UNI 转移至 Coinbase Prime，目前在三周时间里累计转移了 351.1 万枚 UNI ($54.56M)，均价 $15.53。 现在 USV 地址还持有的 UNI 数量为 1036.4 万枚 ($149.66M)。… https://t.co/ULpXyrgLJb pic.twitter.com/o9uqdyj7Pd — 余烬 (@EmberCN) December 25, 2024 Meanwhile, Grayscale’s DeFi Investment Fund, established in 2021, has also turned its attention to $UNI. The fund has recently begun promoting its holdings, which currently include tokens worth $6.7 million. Of this, a significant 57%—approximately $4 million—is allocated to $UNI, underscoring the growing institutional confidence in the token’s potential. 灰度的这支defi 投资基金 是21年的时候就建立了，直到最近开始推广这只基金股，目前管理价值670万美元的token，其中57％的资金是购买 $UNI 大概400万美元的代币！ 后续一定会稳步增长，看好DEFI就买 $UNI 就对了！ pic.twitter.com/J4RKLrzZ9r — 以太坊老张.eth (@ytflzyyds) December 24, 2024 These developments signal a bullish outlook for $UNI, as major players like USV and Grayscale continue to show strong interest. The consistent activity from institutional investors highlights the token’s prominence within the DeFi space and suggests that $UNI is poised for steady growth in the near future. This rising institutional engagement could serve as a catalyst for further adoption and price appreciation. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! The Daily Hodl
SBI Holdings Collaborates with DMM Bitcoin Following Cyber Attack
SBI Holdings partners with DMM Bitcoin to secure user accounts after a cyber attack. The cyber attack resulted in a significant theft of Bitcoin and user compensation plans. Continue Reading: SBI Holdings Collaborates with DMM Bitcoin Following Cyber Attack The post SBI Holdings Collaborates with DMM Bitcoin Following Cyber Attack appeared first on COINTURK NEWS . The Daily Hodl
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