With a diverse range of tokens gaining traction, the market is ripe with opportunities for those willing to dive into the depths of blockchain technology and its myriad applications.

45 Days Until Altcoin Season

According to renowned analyst Rekt Fencer, altcoin season might be around the corner. This optimistic outlook suggests it is now the time to select the right low-cap cryptocurrencies, aiming for the elusive 100x returns that many dream of.

For this reason, it is crucial to understand the sequence of a typical bull run. Ran Neuner, a South African entrepreneur, explained that altcoin season traditionally starts with a surge in the price of Bitcoin. This is followed by Ethereum and then high-cap cryptocurrencies such as Solana and Avalanche.

“[Bitcoin is] attacking the all-time high with huge momentum. Now, the reality is that as soon as that all-time high is breached [again], and it could happen as soon as today, it is like the gun goes off for altcoins, and the race begins,” Neuner said.

Neuner pointed out that becuase Bitcoin surpassed its previous all-time high, altcoins could also reach new highs about 70 days later. It is worth noting 22 days following Bitcoin’s peak, altcoins often undergo a correction period.

Read more: Which Are the Best Altcoins To Invest in April 2024?

The crypto market is currently 14 days into this correction phase, and the market is beginning to recover. This pattern suggests that if the cycle continues as it has historically, altcoins season could start in approximately 45 days.

“To see how far [altcoins] have to go between now and hitting the all-time, that means that altcoins need to go up by 50%. Do you understand how violent a move of 50% in the next 45 days is going to be? It’s face melting,” Neuner emphasized.

Meanwhile, Rekt Fencer highlighted that the low-cap coins and meme coins could benefit the most, albeit the higher risk. He said that achieving 2x to 10x gains is common, especially, in the early stages of altcoin season.

The Cryptocurrencies to Watch

To navigate altcoin season, investors are advised to build a diversified crypto portfolio, stick to their investment narratives, and exercise patience.

Rekt Fencer shared a list of six under-the-radar altcoins that may have significant potential. Leading the pack is Polyhedra Network (ZK), a project focused on Web3 interoperability, scalability, and privacy through zero-knowledge proof technology. With a market cap of $286.3 million and a current price of $3.14, Polyhedra presents an interesting entry point.

Not to be overlooked, the quirky meme coin Wolf Wif Ballz (BALLZ) continues to charm its way through the Solana ecosystem. With its blend of humor and investment potential, BALLZ, priced at $0.05 and boasting a $50.2 million market cap, exemplifies the unpredictable nature of meme coins.

Portal (PORTAL) emerges in the GameFi space, offering a cross-chain gaming ecosystem that bridges disparate blockchain networks. Coupled with staking rewards, PORTAL, at $2.07 and a $306.6 million market cap, is crafting a new narrative for gamers.

Read more: 11 Best Altcoin Exchanges for Crypto Trading in March 2024

Meanwhile, Boson Protocol (BOSON) enables the tokenization, transfer, and trade of physical goods as NFTs. BOSON, priced at $0.68 with an $83.1 million market cap, aims to revolutionize the perception of value and ownership in the digital age.

Finally, the market of artificial intelligence in crypto is led by pioneers such as VoluMint (VMINT) and Monai (MONAI). These projects leverage AI to enhance trading activity and integrate LLMs with blockchain protocols, respectively.

In preparing for the upcoming altcoin season, investors should conduct thorough research, consider diversifying their portfolios, and remain cognizant of the risks associated with cryptocurrency investments. With the right strategy and a bit of patience, the next few months could be transformative for the savvy crypto investor.

The post Altcoin Season Begins in 45 Days, Prominent Analyst Reveals appeared first on BeInCrypto.

This potential consolidation could create an entity with a fully diluted value estimated at a staggering $7.5 billion, signaling a significant shift in the decentralized artificial intelligence (AI) market.

SingularityNET, Fetch.ai, Ocean Protocol Eye ASI Token

The trio of AI-crypto firms, known for their efforts in developing blockchain-based AI solutions, are in advanced discussions about this merger. Sources close to the negotiations reveal that an announcement could be made as early as March 27. Still, this is contingent upon the respective communities’ approval.

This strategic move aims to foster the development of a decentralized AI platform, a vision shared by all parties.

Despite the merger of their tokens into the ASI token, SingularityNET, Fetch.ai, and Ocean Protocol will maintain their operational independence. However, they will collaborate under the umbrella of the Superintelligence Collective. This new coalition will be led by Ben Goertzel, the founder and CEO of SingularityNET.

Meanwhile, Fetch.ai’s CEO, Humayun Sheikh, noted for his early investment in DeepMind before its acquisition by Google, will be the chairman of this emerging collective.

The convergence of these entities reflects the escalating race among AI-oriented platforms to pioneer decentralized AI technology. It is worth noting that decentralized AI seeks to democratize access to AI technologies. The goal is to move away from the control of tech giants like Alphabet and Microsoft and ensure that corporations do not solely prioritize shareholder interests.

The native tokens of SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) have seen a significant uptick following the announcement. AGIX, FET, and OCEAN surged 15%, 16%, and 30%, respectively, as investors anticipate further gains.

“It was the right decision to develop AI based indicator! It will keep pumping,” crypto analyst Yaroslav Krasko said.

Read more: Top 9 Artificial Intelligence (AI) Cryptocurrencies in 2024

The proposed merger of SingularityNET, Fetch.ai, and Ocean Protocol into the ASI token represents a bold step towards a more inclusive and decentralized future. It exemplifies the innovative spirit of the AI and blockchain sectors, highlighting the importance of collaboration.

The post SingularityNET, Fetch.ai, and Ocean Protocol Could Merge Into One: ASI Token appeared first on BeInCrypto.

Fencer’s strategy, centered on the concept of ‘sniping’ new token launches, is allegedly profitable even for those with investors modest capital.

Secrets to Trading Meme Coins

Fencer explained one of the easiest methods to achieve significant returns with meme coins. This approach, while controversial, has shown to be effective for him in a market where timing and information are everything.

The key to Fencer’s method lies in meticulous pre-analysis and constant monitoring of the market for new listings. By utilizing resources like DEX Screener, traders can identify trending narratives and potential catalysts that could drive the price of newly listed meme coins.

“The longer the narrative in the Top Gainers, the stronger it becomes,” Fencer noted

Read more: 7 Hot Meme Coins and Altcoins that are Trending in 2024

Moreover, Fencer shed light on the critical role of sniper bots in executing this strategy. These bots are designed to buy tokens as quickly as possible at launch. Therefore, they can significantly increase the chances of securing a token before its value skyrockets.

Among the recommended tools are BONKbot for Solana on-chain trading, BananaGun for Ethereum and Solana, and Unibot, a popular choice for EVM and soon Solana.

“To buy tokens as fast as possible, you need to use sniper bots. There isn’t a universal bot that works perfectly for every chain. Each bot has its own customization instructions. Mastering this skill isn’t easy, but the rewards that follow will more than compensate for your efforts,” Fencer added.

Read more: 13 Best AI Crypto Trading Bots To Maximize Your Profits

However, Fencer’s method is not without its risks. The volatile nature of meme coins and the potential for crypto scams underscore the importance of diligence and risk management. Investors are advised to verify the security of tokens through platforms like Rug Check and Coin Scan. Traders must also be prepared for the possibility that not every investment will yield the anticipated returns.

Despite the inherent risks, Fencer’s strategy offers a tantalizing glimpse into the potential rewards of cryptocurrency trading. By combining thorough research, strategic use of technology, and an understanding of market dynamics, traders can position themselves to capture significant gains.

The post Altcoin Trader Reveals Strategy For the Meme Coin Mania appeared first on BeInCrypto.

The partnership focuses on the Alibaba Cloud Singapore Innovation Accelerator. It designates AIOZ Network as the main blockchain partner, focusing on providing technological and financial support to selected Web3 projects. 

AIOZ Network Joins Forces With Alibaba

The collaboration aims to extend beyond financial and technical assistance. Strategic plans aim to establish a DePIN Alliance in Southeast Asia. This initiative seeks to improve infrastructure services related to AI, storage, and streaming. These are crucial components for the development and deployment of Web3 technologies. 

Furthermore, AIOZ Network and Alibaba Cloud plan to organize a series of hackathons and gatherings to bolster the Web3 community throughout the Asia-Pacific region.

“This collaboration with Alibaba Cloud represents a significant step forward. We are excited to foster and support groundbreaking innovations from the next generation of developers,” Erman Tjiputra, founder of AIOZ Network, said.

At the core of this alliance is a shared commitment to nurturing emerging talent and equipping developers with the necessary tools and resources to innovate within the Web3 space.

AIOZ Network brings to the table its decentralized private infrastructure network (DePIN). It focuses on leveraging a global network for the storage, transcoding, and streaming of digital media content. However, stakeholders will measure the true impact of this collaboration by its success in supporting innovative projects.

The cryptocurrency community has warmly embraced this collaboration, underscoring a unified endeavor to bolster Web3 infrastructure and offerings across the Asia-Pacific region. A pseudonymous analyst known as Corleone has emphasized the significant promise of artificial intelligence (AI) when synergized with cryptocurrency technologies.

“AI holds immense potential, finding its place in numerous facets of our lives. The combination of AI and crypto has the potential to create a market valued in the trillions,” Corleone said.

Read more: Top 9 Artificial Intelligence (AI) Cryptocurrencies in 2024

In addition, technical analyst Rekt Fencer has projected an optimistic outlook for the AIOZ token, suggesting that following a minor price correction, it could potentially escalate to $1.6, $2.6, or even $4, marking significant milestones for the cryptocurrency’s valuation.

The post AIOZ Network Makes Strides in Asia, Partners With Alibaba appeared first on BeInCrypto.

According to recent blockchain analytics by Santiment, Chainlink, Cardano, and Polkadot lead the pack with the most significant github activity over the past 30 days. This metric, an indicator of non-redundant project contributions and enhancements, positions these digital assets as key players in the blockchain innovation race.

Chainlink, Cardano, Polkadot Stand Out

Chainlink, known for its decentralized oracle network facilitating smart contracts, has shown remarkable development efforts.

Analyst Michaël van de Poppe highlighted Chainlink’s recent successful retest of support levels, suggesting an optimistic trajectory for its value. Echoing this sentiment, analyst Inmortal set an ambitious $34 price target for Chainlink, underlining the high expectations from its technological advancements and market performance.

Cardano, with its robust Proof-of-Stake (PoS) blockchain, has not only seen a surge in development activities but also a significant uptick in social engagement.

LunarCrush reported a 131.7% increase in social creators and a 270.7% jump in social posts about Cardano over the last three months, leading to a 33.1% rise in total social interactions. This heightened social buzz complements Cardano’s substantial growth in Total Value Locked (TVL), which has recently hit the $600 million mark.

Read more: Which Are the Best Altcoins To Invest in March 2024?

Crypto analyst Lark Davis pointed out that despite being overlooked in the current cycle, Cardano’s increasing TVL signifies its growing utility and adoption.

Polkadot unique interoperability and scalable multi-chain architecture have caught the eye of investors and developers alike.

Trader XO expressed interest in Polkadot’s price holding between $6-$8 as a buying opportunity. He remains bullish on its long-term potential, suggesting a possible rally to $12 or even $20, contingent on its market resilience and community growth.

Read more: 11 Best Altcoin Exchanges for Crypto Trading in March 2024

These developments underscore the vibrant ecosystem of altcoins beyond the dominant Bitcoin and Ethereum narratives. Chainlink, Cardano, and Polkadot, with their cutting-edge technologies and growing communities, are shaping the future of blockchain and offering promising investment opportunities.

The post Chainlink, Cardano, Polkadot Amongst Most Developed Altcoins appeared first on BeInCrypto.

As of the latest update, SSS’s market value has dropped to $0.000000000002239, marking a devastating 99% decrease. Likewise, its 24-hour trading volume spiraled down to $9,570.9.

Altcoin Super Sushi Samurai (SSS) Exploited

The breach was first detected and announced by Certik, a leading security firm specializing in blockchain technology. According to Certik, the Super Sushi Samurai token experienced a critical incident on the Blast platform. It led to a substantial loss of approximately $4.6 million.

Despite the alarming nature of the breach, Certik clarified that the incident involved a white hat rescue operation. The firm suggested that the actions taken were aimed at preventing further damage rather than exploiting the system for malicious gain.

The Super Sushi Samurai team quickly responded to the crisis by halting all token transfers and launching a thorough investigation into the exploit, which was identified as related to the minting process.

“Pausing token transfers and investigating. We have been exploited, it’s mint related. We are still looking into the code,” the team disclosed.

Read more: Identifying & Exploring Risk on DeFi Lending Protocols

Efforts to communicate with the exploiter are currently underway. This incident has rattled the cryptocurrency market, reminding investors of the paramount importance of security.

The post Altcoin Super Sushi Samurai (SSS) Plummets After Security Breach appeared first on BeInCrypto.

The community searches for the next hot crypto trend as Bitcoin’s price surge approaches the all-time highs.

Solana, Chainlink, and Polkadot to Lead the Altcoin Rally

Solana (SOL) stands out as Brian Kelly’s top pick for investment rotation from Bitcoin and Ethereum. Its solid technological foundation and practical applications make it an attractive option for investors looking for growth beyond the market leaders. Indeed, Solana’s potential has not gone unnoticed, with its functionality and speed drawing significant interest.

“I am actually doing a rotation from Bitcoin and Ethereum into Solana,” Kelly told CNBC.

Furthermore, Chainlink captures the spotlight with its recent adoption by Ark Invest and 21Shares for the ARKB Bitcoin ETF. This integration of Chainlink’s Proof of Reserve platform aims to enhance transparency and security for investors. Consequently, Chainlink’s price witnessed an encouraging surge, signaling growing investor confidence in its technology.

Chainlink’s strategic partnerships underscore the crypto industry’s move towards more secure and transparent investment products. This boosts Chainlink’s market presence and enhances the crypto market’s overall credibility.

Moreover, according to The Motley Fool, Polkadot presents a compelling case as an undervalued asset in the crypto space. Its focus on interoperability and its pivotal role in Web3 infrastructure suggest substantial growth potential. Despite its modest gains compared to Bitcoin and Ethereum, Polkadot’s innovative approach positions it as a key player in the future of decentralized internet.

Read more: 13 Best Altcoins To Invest In February 2024

Polkadot’s undervaluation, contrasted with its significant contributions to Web3, presents a unique opportunity for investors. Its interoperability focus is crucial for developing a decentralized internet, marking it as an asset with long-term value.

Transitioning to these altcoins reflects a broader market trend towards diversification and strategic investment in projects with solid fundamentals. As Bitcoin and Ethereum continue to lead the market rally, the emerging interest in Solana, Chainlink, and Polkadot highlights their potential to offer innovative solutions and attractive investment opportunities.

The post Altcoin Season: These 3 Crypto Are Poised to Break Out as Bitcoin Soars appeared first on BeInCrypto.

These additions to the Korean Won (KRW) and Bitcoin (BTC) markets have stirred significant interest and speculation among investors and crypto aficionados.

Altcoins Give Double-Digit Gains on Upbit Listing

At 09:00 UTC on February 27, 2024, ALT’s BTC pair entered the Upbit market. Upbit has decided to support ALT exclusively on the Ethereum network for deposits. With this decision, the exchange aims to offer a streamlined and secure trading environment. Moreover, it is important to note that this ALT is distinct from ArchLoot (ALT), which is traded on other platforms.

Similarly, Pyth Network (PYTH) was listed against the KRW and BTC trading pairs, with its trading kicking off alongside ALT. By supporting PYTH through the Solana network, Upbit underlines its dedication to facilitating reliable transactions.

Upbit has implemented specific guidelines and limitations to ensure market stability. For instance, initial buy orders are closely regulated, with predetermined thresholds for sell orders. These measures aim to prevent market manipulation and excessive volatility. Therefore, they reflect Upbit’s proactive approach to safeguarding its trading environment.

The inclusion of ALT and PYTH highlights the potential of these altcoins. ALT, with its Rollup as a Service (RaaS) and Actively Validated Service (AVS infrastructure), offers a new paradigm for projects aiming to develop rollups without deep blockchain knowledge. Meanwhile, PYTH is pioneering by connecting off-chain financial data with on-chain Dapps, enriching the DeFi ecosystem.

The market’s response to these listings has been overwhelmingly positive. For example, PYTH saw a surge of over 40% on the announcement day and an overall rally of more than 110% in February. ALT also demonstrated strong performance, with a 25% increase on the day of listing and an 80% rally within the month.

“PYTH is moving as planned. I guess we’re definitely smashing above a dollar sooner than I expected,” DeFi analyst Dave Spike said.

Read more: 13 Best Altcoins To Invest In February 2024

These trends reflect the significant impact Upbit’s listings can have on crypto asset valuations. However, amidst the excitement, a word of caution remains relevant. The crypto market’s inherent volatility, speculative demand, and regulatory shifts present risks that investors must consider carefully.

The post The Largest Crypto Exchange in Korea Listed These Two Altcoins appeared first on BeInCrypto.

This decision highlights Coinbase’s ongoing effort to broaden its asset portfolio, offering its users a more varied and dynamic trading experience.

Coinbase Could Soon List Two New Altcoins

Coinbase has revealed plans to expand its altcoin offerings by including two new assets: Akash Network (AKT) and Ronin (RON).

Akash Network, known for its decentralized cloud computing marketplace, and Ronin, an Ethereum sidechain developed specifically for blockchain games, represent significant additions to Coinbase’s platform. These listings align with the company’s roadmap, prioritizing transparency and informed trading for its clientele.

The announcement via Coinbase’s official Twitter account has sparked interest among investors and traders eager to explore these new assets. Indeed, AKT has experienced a 15% price increase in the last 24 hours, while RON has risen by 2.39%.

Read more: Top 10 Cheapest Cryptocurrencies to Invest in February 2024

Coinbase’s criteria for listing new assets are rigorous, focusing on legal compliance, technical security, and the project’s adherence to the platform’s standards rather than market cap or popularity. This approach ensures that only high-quality, secure assets make it to the platform, reinforcing the trust and credibility Coinbase has established within the cryptocurrency community.

It is important to note that transfers and trading for AKT and RONIN will not be supported until an official listing announcement is made. Coinbase has warned users against depositing these assets into their accounts prematurely, as doing so may result in a permanent loss of funds. This cautionary advice highlights the importance of adhering to official channels and announcements.

Read more: Coinbase vs. Coinbase Pro: Which Is Right for You?

In addition to introducing new assets, Coinbase has also mentioned the possibility of applying an “Experimental” label to newly listed assets. This label aims to provide traders with additional information, helping them make more informed decisions while navigating the complexities of the crypto market.

The post Coinbase Announces Intention to List These Two Altcoins appeared first on BeInCrypto.

The goal is to offer users access to a broader range of innovative cryptocurrencies.

Coinbase International Exchange Lists 3 Altcoins

This strategic expansion is set to initiate with the opening of DOT-PERP, ICP-PERP, and NEAR-PERP markets. Consequently, it highlights Coinbase’s vision to diversify its offerings. The launch, scheduled for no earlier than 10:00 UTC on February 22, 2024, marks a significant milestone in the exchange’s journey to embrace altcoins.

Despite the importance of Coinbase’s announcement, Polkadot, Internet Computer, and NEAR Protocol have suffered a steep decline in the last 24 hours. The prices of DOT, ICP, and NEAR have dropped by 2.69%, 4.05%, and 4.99%, respectively.

Read more: 13 Best Altcoins To Invest In February 2024

Coinbase International Exchange’s decision to support these altcoins is a testament to their potential. It also indicates the exchange’s foresight in recognizing the importance of innovation in the crypto market. Still, it remains to be seen if the inclusion of DOT, ICP, and NEAR in Coinbase’s offerings will be reflected in their prices.

The post These 3 Altcoins Will Be Listed on Coinbase International Exchange appeared first on BeInCrypto.

Will the price sustain this increase, or was the movement just a relief rally? Let’s find out.

BONK Breaks Out From Resistance

The technical analysis of the daily time frame shows the BONK price broke out from a descending resistance trend line on February 7. Before the breakout, the trend line had existed for 55 days.

More specifically, the trend line had existed since the all-time high on December 15, 2023. Today, BONK reached a high of $0.000014 before falling slightly. 

The daily Relative Strength Index (RSI) gives a bullish reading. Traders utilize the RSI as a momentum indicator to assess whether a market is overbought or oversold and whether to accumulate or sell an asset.

If the RSI reading is above 50 and the trend is upward, bulls still have an advantage, but if the reading is below 50, the opposite is true. The indicator exceeded 50 once the price broke out, legitimizing the breakout.

BONK Price Prediction: Will the Breakout Be Sustained?

The six-hour chart gives a more undetermined trend than the bullish daily time frame readings. This is because of conflicting readings from the price action and the Relative Strength Index (RSI).

The price action shows that BONK broke out from a horizontal and Fib resistance at $0.000014.

However, the six-hour RSI shows a pronounced bearish divergence (green). Such divergences occur when a momentum decrease accompanies a price increase. They often lead to bearish trend reversals.

So, whether the BONK price bounces or closes below the $0.000014 area can determine the future trend’s direction.

A successful bounce can catalyze an 18% BONK increase to the next resistance at $0.000016, while a breakdown can cause a 14% drop to the closest support at $0.000012.

For BeInCrypto‘s latest crypto market analysis, click here.

The post Analyzing BONK’s Rise: Is the Price Increase Here to Stay? appeared first on BeInCrypto.

Has PEPE begun a new bullish trend that will take it to new highs, or is this just a relief rally? Let’s find out!

PEPE Reclaims Resistance

The technical analysis of the daily time frame shows that the PEPE price has fallen under a descending resistance trend line since December 2023. The downward movement led to a low of $0.00000086 on February 5, 2024. 

PEPE has increased since, reclaiming the $0.00000100 horizontal area. The price also broke out from a descending resistance trend line, reaching a high of $0.00000131 today.

The daily Relative Strength Index (RSI) gives bullish signs. Market traders use the RSI as a momentum indicator to identify overbought or oversold conditions and to decide whether to accumulate or sell an asset.

Readings above 50 and an upward trend indicate that bulls still have an advantage, whereas readings below 50 suggest the opposite. The indicator is above 50 and increasing, indicating a bullish trend.

What Are Analysts Saying?

Cryptocurrency traders and analysts on X positively view the future PEPE trend.

Reed Cars posted a bullish chart, suggesting the PEPE price will increase shortly.

James Wynn is decisively bullish about the future trend. 

“We’re all gonna make ungodly amounts of money this bull run. Not IF, but WHEN $PEPE goes onto do Shiba Inu ATH numbers ($42bn).. A lot of people are going to make life changing, and even generational wealth. Take profits, and enjoy the fruits of your hard work” Wynn stated.

PEPE Price Prediction: How Long Will Increase Continue?

A closer look at the Elliott Wave count suggests the upward movement will continue. Technical analysts employ the Elliott Wave theory to identify recurring long-term price patterns and investor psychology, which helps them determine the direction of a trend.

The most likely wave count suggests the PEPE price has completed a five-wave upward movement and ensuing A-B-C correction.

If the count is correct, PEPE has begun a new upward movement. Giving both increases the same length will lead to a high of $0.00000200, 60% above the current price.

Despite this bullish PEPE price prediction, closing below $0.00000100 will invalidate the bullish count. Then, PEPE can fall 50% to the closest support at $0.00000060.

For BeInCrypto‘s latest crypto market analysis, click here.

The post Is PEPE Price Ready to Increase After Breaking Resistance? appeared first on BeInCrypto.