Coinedition
PNUT has surged a massive 3,000% in the past month. XRP is back above $1 price level while surging 101.97% in the past week. HBAR has surged 40.95% in 24 hours while surging 120% in the last week.
Matrixport confirmed that new money is flowing into the stablecoin market. The firm used the 7-day stablecoin minting indicator. More money is expected to flow in the crypto market in Q1, 2025.
SHIB burn rate skyrockets 6200%, destroying over 290K tokens in a single day. Symmetrical triangle formation signals a potential 25–50% breakout. Traders eye a bullish surge as market supply drops significantly.
Dogecoin forms a second bull pennant, signaling a potential breakout towards $0.90. MVRV ratio at 45.65% indicates DOGE has room for growth before reaching overbought levels. Analysts note possible short-term correction, but long-term trend remains bullish.
Justin Sun predicts TRX could soar to $20, a 9,665% increase, in the current bull market. TRX has been trading below its all-time high for seven years, with analysts expecting a major breakout. A $20 TRX would make the asset worth over $1.7 trillion, positioning it as a potential trillion-dollar token.
Polkadot’s breakout signals a potential rally, targeting $8.80–$9.00 upside. ORDI’s breakout suggests a strong upward trend, aiming for $100.00 target price. Continued momentum for DOT and ORDI relies on maintaining key support levels.
The cryptocurrency market has experienced a notable surge in the past two weeks. The post-election surge has plunged the crypto market into an Extreme Greed situation. Analysts predict a potential price correction following the crypto market’s situation.
