The co-founder of fintech giant Ripple, Chris Larsen, has made the first documented cryptocurrency donation to U.S. Presidential candidate and current Vice President Kamala Harris, sending $1 million worth of XRP to a Political Action Committee (PAC) supporting her. According to Fox Business journalist Eleanor Terrett, the donation was made to one of the leading
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Genius Trump Solana Memecoin to Skyrocket 19,000% Ahead of Exchange Listing, While BONK and DOGE Lag
Genius Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Genius Trump (GENTRUMP), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because GENTRUMP is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Genius Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to CryptoGlobe
Celestia (TIA) Leads Crypto Market With 16% Surge, Will It Hit $7 This Month?
Celestia (TIA) has displayed a remarkable performance over the week, swiftly recovering from the early October crash. The token is now leading the crypto market’s recovery in the daily timeframe, suggesting a possible continuation of its bullish momentum before the month ends. Related Reading: ‘Cardano Isn’t Dying’: Charles Hoskinson Defends Project Amid ADA Price Criticism Celestia Leads The Crypto Market TIA, the native token of modular blockchain Celestia, has seen a 7.3% surge in the past week. The cryptocurrency recovered from the October 3 lows, moving from the $4.5 support level to trade above the $5 mark this Friday. Celestia has been on a downtrend since hitting its March all-time high (ATH), suffering a brutal 80% correction from $20 to $4 in the past six months. September’s retrace dragged TIA below the $4 mark, registering its lowest price since early November 2023. However, the token’s Q3 retraces didn’t alarm many investors who considered Celestia’s on-chain developments a potential bullish sign. Since then, the cryptocurrency has seen a 40.1% monthly increase, fueling the bullish sentiment among the community. Today, TIA registered eight hourly consecutive green candles, propelling the price 14% from the $4.9 zone to the $5.6 resistance level before retracing to the $5.5 mark. Throughout the morning, the token has hovered between $5.50-$5.55, recording a 16.3% surge in the past 24 hours. This performance crowned Celestia as the largest gainer among the top 100 cryptocurrencies by market capitalization, only followed by Worldcoin (WLD), Dogwifhat (WIF), and Popcat (POPCAT). Is A Big Move Coming For TIA? Several market watchers note Celetia’s performance, suggesting that the cryptocurrency’s chart hints a breakout may be around the corner. To crypto analyst Yuriy, TIA’s performance indicates a “big move is coming,” remarking that its open interest (OI) significantly increased in the past month. Meanwhile, crypto analyst Poseidon noted TIA’s 80% correction, asserting that we might be near the end of the “brutal downside trend.” To the analyst, the price’s 4-month range between $4-$7 looks like a potential bottom, which could signify the ongoing bullish momentum will continue. However, Poseidon asserted that TIA must reclaim the 50-day and 200-day exponential moving average (EMA) to call the trend shift. Similarly, crypto trader Bluntz previously suggested that the cryptocurrency had bottomed, displaying an inverted head and shoulders pattern after the weekly recovery. Related Reading: Experts Discuss What Made Solana Memecoins The Cycle’s Top Narrative Youtuber Crypto Jack noted that Celestia’s bounce from the $4.5 support zone targets the upper trendline of its 4-month consolidation range. To the analyst, the bullish momentum could send TIA above the $7 resistance level this month. Other analysts called it one of “the most tempting altcoins to buy,” setting targets above $10 for Celestia. Nonetheless, some noted that the upcoming token unlocks, set to start on October 30, could negatively impact TIA’s price. Featured Image from Unsplash.com, Chart from TradingView.com CryptoGlobe