The stock market had a bull run this week, with the S&P 500 making gains in four of the days and jumping 3.4% over the five-day trading period, its best numbers since the 2024 presidential election. Market players reacted positive to favorable inflation data for December, strengthening expectations of the Fed easing its monetary stance, and better-than-expected results from major banks as the fourth-quarter earnings season began. The next week will be dominated by Donald Trump`s inauguration, with many bracing for a slew of policies and tariffs in the early days of his second administration. For this week, however, these were some of the stocks trending in the market: Novo Nordisk ( NVO ) was in the news on Friday after it announced that its obesity drug semaglutide led to 20.7% weight loss over 72 weeks at a higher dose in a late-stage trial. However, the drugmaker still ended the week in red, dropping -6.8% while competing Eli Lilly ( LLY ) also ended -8% after forecasting Q4 revenues below analysts’ expectations. Taiwan Semiconductor Manufacturing ( TSM ) rose 4.3% this week, helped by a higher-than-expected capex for 2025. The jump in the world’s biggest chip supplier led to rally across U.S. chip equipment makers. UnitedHealth ( UNH ) dropped nearly -5%, pulled dt543wn by its Q4 revenue miss. The largest U.S. health insurer was hurt in 2024 by rising medical expenses and one of the largest healthcare data breaches in the year. Intel ( INTC ) surged 13.5% this week on renewed takeover speculation after a SemiAccurate report said it was being targeted for a complete acquisition. The chipmaker was last in the center of takeover rumors in September, when The Wall Street Journal and Bloomberg reported separately that rivals Qualcomm ( QCOM ) and Broadcom ( AVGO ) were eyeing the company. Symbotic ( SYM ) jumped 17.5% on its $200M acquisition of Walmart`s ( WMT ) Advanced Systems and Robotics business for $200M. The transaction would increase its future backlog by more than $5B and mark a step toward developing an integrated automated supply chain. Sage Therapeutics ( SAGE ) dropped 8.3% in the week, after seeing a jump the previous week on news of a nonbinding acquisition offer from Biogen ( BIIB ). This week it reportedly sued Biogen over enforcement of a standstill agreement in the wake of the takeover bid. Moderna ( MRNA ) plunged more than -24% on Monday but managed to recover over the course of the week to end 2.4%. The company started the week with a pared down FY2025 revenue guidance over weaker-than-expected demand for its COVID and RSV vaccines. Plug Power ( PLUG ) dropped nearly -14% in a week during which it received a $1.66B loan guarantee from the U.S. Department of Energy to fund up to six projects for zero- or low-carbon hydrogen production at scale, and agreed to supply 3 GW electrolyzer capacity to an upcoming Australian green hydrogen-to-ammonia plant. Target ( TGT ) shares dropped -4.3% despite posting strong holiday sales numbers on Thursday. The retailer saw 2024 holiday season sales rise 2.8% and post record-high sales during Black Friday and Cyber Monday, well ahead of expectations. Bitcoin ( BTC-USD ) and other crypto-related stocks rallied this week on a report that Trump may sign an executive order prioritizing crypto in the first days of his term. The benchmark crypto token was up nearly 10% this week. MicroStrategy ( MSTR ), the largest corporate holder of bitcoin, surged nearly 28%. Other linked stocks that made gains were Coinbase Global ( COIN ), Robinhood Markets ( HOOD ), MARA Holdings ( MARA ), Riot Platforms ( RIOT ), Hut 8 ( HUT ), Bitfarms ( BITF ), HIVE Digital Technologies ( HIVE ), Ether ( ETH-USD ), Pepe ( PEPE-USD ), Shiba Inu ( SHIB-USD ), MarketMove ( MOVE-USD ), Litecoin ( LTC-USD ) and Dogecoin ( DOGE-USD ). Rigetti Computing ( RGTI ), D-Wave Quantum ( QBTS ), and Rivian Automotive ( RIVN ) were among the most traded stocks in the U.S. market this week. More on the trending stocks. Taiwan Semiconductor`s Rich FY2025 Guidance Signals A Multi-Year Data Center Boom Taiwan Semiconductor: Strong Growth, Strong Outlook TSMC Q4 Earnings: An Exceptional Report Bulls vs. Bears: Intel revisited amid buyout rumors BofA’s best financial, consumer stock ideas for 2025: WFC, SBUX, more
Seeking Alpha
You can visit the page to read the article.
Source: Seeking Alpha
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.
Analyst Says Top Ethereum Rival Is Starting To ‘Look Good Again,’ Outlines Path Forward for Bitcoin and Stacks
A closely followed crypto strategist and trader thinks one Ethereum ( ETH ) competitor is gearing up for a breakout. Pseudonymous analyst Inmortal tells his 223,100 followers on the social media platform X that Solana ( SOL ) may be forming a bullish pattern on the daily chart and could surge more than 18% from its current value. “If you ask me, SOL is starting to look good again. Only thing we need now is a higher high [price] to confirm a break in MS (market structure.)” Source: Inmortal/X Looking at his chart, the trader suggests SOL will surge to $240 and retrace to around $210 before resuming its uptrend to around its all-time high of $263. Solana is trading for $219 at time of writing, up 4.7% in the last 24 hours. Next up, the trader weighs in on Bitcoin after BTC reclaimed the $100,000 range this week, following a correction to $89,000 on Monday. “Are you telling me it was as easy as just wait?” Source: Inmortal/X Looking at his chart, the trader suggests Bitcoin may correct down to as low as $95,000 later this month on the eight-hour chart before surging to as high as $127,000 in February. Bitcoin is trading for $104,569 at time of writing, up 5% in the last 24 hours. Lastly, the analyst says that the Bitcoin layer-2 project Stacks ( STX ) may have just witnessed a swing failure pattern (SFP) after bouncing from $1.40 on the daily chart. SFPs are often looked for by traders as potential reversal points. “You don’t need to be a genius to realize STX chart looks bottomed. SFP + demand tested + [inverse head and shoulders pattern]. Could take some time but it’s a high probability setup for me.” Source: Inmortal/X Looking at his chart, he suggests STX may surge to about $2.80. STX is trading for $1.68 at time of writing, up 7.9% in the last 24 hours. 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 Analyst Says Top Ethereum Rival Is Starting To ‘Look Good Again,’ Outlines Path Forward for Bitcoin and Stacks appeared first on The Daily Hodl . Seeking Alpha
6 Meme Coins That May 100x and Follow in DOGE’s Pawprints
Dogecoin is no longer the sus-looking dog meme we once knew it as; it’s now one of the most profitable investment opportunities available to those in the crypto space. With Elon Musk set to take charge as the administerial head of D.O.G.E. (Department of Government Efficiency) and integrate Dogecoin into X Money’s payment platform, $DOGE could very well become a mainstream, everyday cryptocurrency, which would spiral its price upwards. What’s more, there’s also news of DOGE possibly becoming a government-backed cryptocurrency, thanks to Musk’s and Trump’s pro-crypto stance. All in all, the market sentiment towards DOGE is extremely positive at the moment, and it’s reflected in the coin’s price. DOGE has made huge gains recently, with no slowing down in sight. It’s currently at the critical $0.40 level, with several technical indicators hinting at a pending upside momentum. It’s also worth noting that it’s not just DOGE that has been rising, as the entire crypto market has been green across the board in recent times. With that said, you must be thoughtful while picking meme coins for your 2025 crypto portfolio. We’ve done the hard yards for you; here are 6 meme coins that may 100x and follow Dogecoin to the moon. 1. Wall Street Pepe ($WEPE) – Overall Best Meme Coin for First-Time Investors Wall Street Pepe ($WEPE) is one of the most trending meme coins at the moment. What makes this project so much more special is that it’s trying to make profitable crypto investing accessible to all by giving retail traders like you and me access to the same insights and tools that pro Wall Street investors have. Furthermore, $WEPE aims to create a community of like-minded small investors to protect them from the crypto whales who have a history of turning a token upside down by suddenly mass-selling their holdings, driving the coin’s price into the ground and destroying the small man’s portfolio. As a $WEPE token holder, you’ll get unique market insights, signals, and alpha trading calls, allowing you to finally outsmart institutional investors. Wall Street Pepe is currently in presale, which has been record-breaking. It has raised more than $50M in just a little over a month, and it shows no signs of slowing down. The final stage of the $WEPE presale has begun, with only 29 days to go until all the tokens are sold out. If the current price of $0.0003665 interests you, check out our step-by-step guide on how to buy $WEPE . 2. Solaxy ($SOLX) – Solana Layer-2 Token Offers Fast and Reliable Transactions Solaxy ($SOLX) is the native currency of the Layer-2 network that Solaxy has built for Solana. This new network will do away with all the problems of the previous network, such as traffic congestion and slow transactions. Solaxy’s presale, as one of the hottest presales in January 2025 , has raised more than $11M so far. Currently, each token is priced at $0.001604, but with the price expected to increase in just a few hours from now, interested buyers should hurry up. Experts are predicting that SOLX might be the next 100x token for two main reasons. For starters, the platform is offering amazing staking rewards (317% at the time of writing). Secondly, it’s a transaction platform, meaning investors will most likely hold onto their tokens even after the launch, keeping the prices stable. 3. Mind of Pepe ($MIND) – Unlock Real-Time Intelligence with Hive-Mind Analysis MIND of Pepe ($MIND) is a revolutionary AI crypto project that offers self-evolving AI agents that deliver real-time actionable insights to help investors navigate the complex crypto ecosystem. It interacts with influencers and other people on Twitter (X) and other platforms, analyzing their opinions, forming its own, and then churning out unique trade ideas. Basically, it helps you cut through all that excess information and filter out only what matters. No wonder it’s the best AI agent coin right now. You can grab $MIND for just $0.0031509 per token right now. Apart from its potentially huge listing gain, early investors will also benefit from a whopping 880% APY staking reward. What’s more, the project has allocated 15% of tokens to rewards and 10% to listing. This will keep the prices stable even in the face of external inflation and market conditions. 4. Flockerz ($FLOCK) – Unique V2E Mechanism & Rewarding Staking APY Flockerz ($FLOCK) is the official token of Flockerz, a revolutionary platform that vests power in the hands of the project’s investors with its unique vote-to-earn approach. Under this, every user gets a few tokens as a reward for sharing their opinions. For example, if the platform asks which exchange the token should be listed on once it’s launched and you happen to share your opinion on it, you’ll receive free tokens regardless of what the final decision is. $FLOCK has raised more than $10M so far and is also in the final stage of its presale with just 3 days to go. This means that the current price of $0.0066883 per token is the cheapest you can get $FLOCK for. Don’t miss it, folks! 5. Bonk ($BONK) – Listed Meme Coin Ready to Take Off Launched in December 2022, Bonk ($BONK) is the first dog-themed meme coin on the Solana network. More than 50% of its total coin supply has been distributed for free on Solana, which caused the initial excitement and enthusiasm around it and also led to a 34% jump in its value in just 48 hours. Its first massive price jump took place in January 2023, when its value rose by around 2,000%. However, with the launch of Solana ETFs just around the corner, Bonk is expected to ride the momentum and boast some fantastic returns. Secondly, BONK will also benefit from DOGE’s rise, and we’ve already started seeing glimpses of this. For instance, while DOGE has shot up by around 17% in the last week, BONK has outperformed it by giving investors a 25% return in the same timeframe. 6. Pudgy Penguins ($PENGU) – Combines a Fun NFT Ecosystem with Solana’s Infrastructure $PENGU is the official token of the Pudgy Penguins NFT collection, which is a database of over 8,888 unique cartoons of adorable penguins. For those of you who aren’t well-versed with the Pudgy Penguins NFT collection, it’s a project on the Ethereum blockchain that grew into one of the largest NFT collections over the years. $PENGU has also experienced similar growth. Launched on the Solana blockchain, it soon overtook $BONK (the former largest meme coin on Solana) to become the bossiest meme coin on the network. Similar to $BONK, $PENGU is likely to see a sizable increase in its price with the launch of Solana ETFs. Although its price has fallen a bit in recent times, that can be a good thing for interested buyers as it offers them a better entry point. Conclusion Although DOGE is one of the most exciting success stories in the crypto space, there are a bunch of tokens offering similar potential. The above-mentioned 6 meme coins that may 100x in the near future provide you with the opportunity of a lifetime. With that said, it’s important to DYOR (do your own research) before investing your hard-earned money. After all, the crypto market can be pretty volatile. Also, please bear in mind that although we’re nothing but honest about our opinions, they’re not to be considered financial advice. Seeking Alpha