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Shiba Memu presale was extended for the second time, with the final date now December 30. Interest in the project has been huge, with over $4.37 million raised so far. The Shiba Memu price could rise sharply when the token launches on top exchanges next year. Crypto traders and investors are sizing up the market for what could be defining opportunities in this bull cycle. Although the flagship cryptocurrency Bitcoin is expected to lead the new bull market, a few projects are emerging to challenge established altcoins for the breakout coin or token this cycle. One of these could be Shiba Memu (SHMU), whose presale just got extended as demand pushed total investment raised to over $4.37 million. What is Shiba Memu? Shiba Memu seeks to become one of the top cryptocurrencies in the market when it launches next year. Per the project’s whitepaper, the new meme coin has integrated AI to create a marketing powerhouse. In this case, Shiba Memu will have a 24/...

Although they don’t make headlines as often as some of the market’s bigger projects, altcoins are a great way to profit in the DeFi space. Altcoins like Optimism and Polygon have offered great returns in the past few years, and are more affordable than projects like Bitcoin. But how do they compare to Tradecurve? Optimism Is Up 7% In July Optimism has experienced a sharp price rally going into July, increasing in value by 7.02% in the last five days. Optimism is now trading at $1.33 and its daily trading volume has spiked to over $100 million as investors eagerly await additional price increases. On the 30th of July, Optimism will also unlock more of its token supply. In total, 24.16 million Optimism tokens will be released, which are valued at around $32 million. At the time of writing, 16% of the total Optimism supply has been released, and an additional release is being met with mixed reviews. Some experts believe that this move could help to build the Optimism ec...

Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well. Altcoins offer diverse, innovative features, promising technological advancements, and potentially lucrative investment opportunities. Many-a-time specific altcoins post handsome gains that surpass Bitcoin (BTC), popularly known as altcoin season. However, K33 Research analysis shows over the long-term, ‘Bitcoin only’ has been a better investment strategy than an altcoin portfolio. Altcoin portfolio underperformed Bitcoin over the long run Bitcoin has had three consecutive bull and bear market cycles, starting in 2013 with the latest one coming in 2021. In each cycle, Bitcoin’s price rose parabolically in a very short span, usually a few months, after surpassing the peak of its previous cycle. In 2013, BTC peaked around $1,175 and after that followed a downtrend for two years. At the time, the altcoin market was in its nascent ...

XRP is currently at a crossroads, according to Egrag, as its next trajectory from this point could propel it to $3.3 or lead to a massive $250 price. Egrag, a skilled chartist and prominent analyst, recently called attention to XRP ’s delicate position. Building on a previous Analysis , the market watcher emphasized that XRP ’s next line of action from here is extremely important, as it could either result in a surge to $3.3 or a pump to a massive $250 price point. XRP Trapped in Gaussian Channel As previously reported by The Crypto Basic, two weeks back, Egrag pointed out that, in the current cycle, XRP has registered multiple closes above the Gaussian Channel – an analytical indicator leveraged by traders to filter out lag in an asset’s price movements. This is done with the use of statistical data and historical patterns. According to Egrag, historical data suggests that XRP typically reaches the end of a bear market when it prints multiple closes abo...

Hamilton said the newly discovered SEC emails might hurt the commission’s case against Ripple. Matt Hamilton, former Director of Developer Relations at Ripple , has taken to Twitter to react to the latest discovery of an internal SEC email. Notably, the document suggests that XRP does not satisfy all prongs of the Howey test. In a recent tweet, Hamilton noted that the latest discovery looks “pretty bad” for the United States Securities and Exchange Commission. Hamilton made this known in response to a question about his take. Looks pretty bad for the SEC’s case. — Matt Hamilton (@HammerToe) May 21, 2023 Hamilton Says SEC Might Win According to Hamilton, while most XRP community members know that the recent finding does not bode well for the SEC, the commission could win the lawsuit against Ripple. “In our hearts, we all knew this, but alas, that doesn’t reflect the vagaries of the US regulatory and legal system. We could still be right, but the SEC could still...

Shiba Inu (SHIB) has made a lasting im PR ession on the cryptocurrency world with its meme-inspired appeal, loyal community, and expansion into the DeFi ecosystem. As this canine-themed currency continues to thrive, it’s vital to recognize emerging competitors with the potential to disrupt the market. In this article, we’ll introduce you to one such contender – Tradecurve.io – an innovative PR oject poised to challenge the might of Shiba Inu. Why is Shiba Inu (SHIB) faltering? While Shiba Inu (SHIB) has garnered significant attention and popularity in the crypto market, there are a few factors that may contribute to its faltering: Market Volatility: The cryptocurrency market is inherently volatile, and SHIB, being a meme coin, is particularly susceptible to dramatic price fluctuations based on investor sentiment and market trends. Competition: The rise of new cryptocurrencies and DeFi projects, offering innovative solutions and unique features, is increasing...

Prague – The Polkadot ecosystem comes together at the NFTs in Prague event to explore the expanding world of NFTs. The NFTs in Prague event is set to take place on the 4th of June during Prague Blockchain Week. This immersive conference will bring together NFT enthusiasts, artists, and experts from around the globe, at the state-of-the-art venue, Paralelni Polis, in Prague. Curated by KodaDot, a prominent Polkadot NFT marketplace, the NFTs in Prague event will offer attendees an unparalleled experience, diving deep into the fast-paced world of NFTs. With an extensive range of topics designed to captivate a diverse audience, the conference will explore NFTs in gaming and fashion, sustainability, online identities, and other exciting areas. Conference Highlights Event NFTs In Prague The NFTs In Prague event’s comprehensive agenda features various engaging elements, including: Learn from Industry Leaders: Gain invaluable knowledge where some of the brightest minds in the indus...

2022 has been hard on many cryptos, including Chainlink (LINK) and ApeCoin (APE). While Chainlink (LINK) lost about 70.86% of its value, ApeCoin (APE) after rallying in the beginning few weeks of 2023 is on the decline. With the highly volatile crypto market, investors turn to projects in their presale that offer promising growth potential, like Uwerx. As per analysts, Uwerx can increase by 6,000% in 2023. Here is an in-depth Analysis of these three cryptos. Chainlink (LINK) Chainlink (LINK) is a decentralized network that enables the efficient linking of smart contracts with external data sources. Built on the Oracle network, Chainlink (LINK) helps blockchains to interact securely with external data feeds, payment methods, and events. The current price of Chainlink (LINK) is $7.33 with a 24-hour trading volume of $211,946,048. As per experts, the future outlook for Chainlink (LINK) is not good due to its poor performance in 2022. Uwerx (WERX) Uwerx is a crypto project in its pr...