Author: Benjamin Lee
A closely followed analyst thinks that one emerging crypto sector will witness astronomical growth in the coming years. Pseudonymous analyst Pentoshi tells his 847,300 followers on the social media platform X that he thinks the real-world assets (RWA) crypto sector will hit a $1 trillion market capitalization by 2030 or sooner. RWA is a nascent crypto category that aims to tokenize real-world assets such as bonds and real estate on-chain. The process also enables fractional ownership of assets, allowing individuals to purchase smaller, more affordable units. Says Pentoshi, “Everything will be on-chain and tokenized. The foundation for it already exists.”…
President Trump’s crypto project World Liberty Financial (WLFI) has now acquired over $388 million worth of digital assets, according to on-chain data. Blockchain “de-anonymizing” platform Arkham reports that World Liberty Financial boosted its crypto holdings after making large Ethereum (ETH) and Tron (TRX) purchases late on Friday. “DONALD TRUMP’S PROJECT WORLD LIBERTY FI BUYS AND STAKES 4,700 ETH ($15 million), PURCHASES $2.65 MILLION TRX AS TRUMP PLEDGES TO DEVELOP NATIONAL DIGITAL ASSET STOCKPILE.” Source: Arkham/X The project recently joined the top 0.1% of all Ethereum stakers with its aggressive ETH accumulation spree. On the day of Trump’s inauguration, World Liberty…
A chart pattern suggests one altcoin operating on the real-world assets (RWA) crypto sector looks ready for an upside burst, according to a popular analyst. The trader Ali Martinez tells his 118,700 followers on the social media platform X that the RWA project Ondo Finance (ONDO) “appears to be breaking out of a bull flag.” A bull flag is typically viewed as a bullish pattern, suggesting that an asset is consolidating before kicking off on a new rally. Martinez says the bull flag suggests ONDO could be targeting $3.40, which would represent a 141% increase. Source: Ali Martinez/X ONDO is trading…
Cryptocurrency trader Michaël van de Poppe is leaning bullish on a top-10 altcoin by market cap while outlining a path forward for blockchain oracle Chainlink (LINK) and the native asset of the layer-1 blockchain Sui (SUI). Starting with the third-largest crypto asset by market cap, Van de Poppe tells his 767,000 followers on the social media platform X that payments altcoin XRP could skyrocket by 213% from the current level. According to the widely followed trader and analyst, the “optimal” entry level for a long opportunity on XRP is below $2.80. “Is $10 possible? Yes.” Source: Michaël van de Poppe/X…
A popular crypto analyst thinks one top-30 altcoin is gearing up for a parabolic rally. The pseudonymous analyst known as Altcoin Sherpa tells his 240,200 followers on the social media platform X that HYPE, the utility token of decentralized perpetual futures exchange Hyperliquid, may more than double in value this cycle. “The pump to $50 will be glorious for HYPE. Hyperliquid. One of my bags.” Source: Altcoin Sherpa/X Looking at his four-hour chart, the trader suggests that HYPE is looking bullish as it has been trading in a range with a lower bound of $18.53 and an upper bound of…
Two widely followed crypto traders say President Trump may have made one of the biggest financial blunders in modern history moments before taking office. In a new video on the state of the markets, pseudonymous analysts DonAlt and Cred say the launch of Trump’s official memecoin (TRUMP) potentially squandered a massive fortune for the 47th President. After its initial launch on January 17th, TRUMP soared to a $72 billion fully diluted market cap in a couple of days, making it among the top 20 crypto assets in existence – with Trump and his affiliates holding 80% of the supply. Then,…
A new “culture coin” is rolling out on Binance. The top global crypto exchange airdropped Animecoin (ANIME) to qualified users this week and then listed the asset for trading. Animecoin is the sixth project launched via Binance’s HODler Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. Animecoin bills itself as a way for fans to own a piece of the anime industry. “ANIME is a true Culture Coin – a movement that transforms the anime fandom of 1 billion fans into a community-owned network of creativity. Where passion becomes power, cultural energy becomes…
The co-founders of market intelligence platform Glassnode are identifying two catalysts that need to line up for altcoin season to officially kick off. In a new thread on the social media platform X, Glassnode and Swissblock co-founders Jan Happel and Yann Alleman – who together share the handle Negentropic – say that based on historical precedent, altcoin season could start if Bitcoin’s (BTC) dominance levels start to fell and its price stabilizes above $100,000. “Flashback to February 2021. In the last cycle, February kicked off altcoin season. Could it happen again? Two key factors must align: 1) Bitcoin dominance must…
Blockchain tracking firm Lookonchain says one crypto trader is looking at multi-million dollar profits after trading the official memecoin of Melania Trump, wife of US President Donald Trump. According to Lookonchain, the trader scooped up 5.2 million Melania (MELANIA) at just $0.13 per coin right after the digital asset’s launch on Sunday – the day before Trump’s presidential inauguration. Four days later, the trader had sold off every MELANIA token for a gain of 6,208% on the initial investment of $688,000, racking in a $42.7 million profit. “This guy has sold all MELANIA, making a total profit of $42.7 million…
Ethereum (ETH) founder Vitalik Buterin is concerned about the rise of “political coins,” memecoins such as MELANIA and TRUMP. Buterin says the crypto sector has spent the past year entering “a new order” where people cheer on the idea of creating a token for anything at any scale. “And so now is the time to talk about the difference between sugar-high short-term fun that is unwise to recommend to newbies, and long-term fulfillment and wealth-building. It is not about ‘fun is bad’, it is about the equivalent of modern hyperaddictive cellphone games, versus chess or World of Warcraft. Now is…