In the recovering marker, some cryptocurrencies outperformed not only other altcoins but also their investors’ expectations, and one of them was Compound [COMP]. The DeFi Lending protocol token marked a massive rise, provoking investors to make equally massive moves. Compound impresses… The reason why this altcoin has impressed investors is due to its native tokenContinue reading “Compound [COMP]: A 103% rally to its credit, but here’s why there’s always a but”

Bitcoin’s [BTC] standing revolves around investors and HODLers, but it also depends on BTC miners. As opposed to just relying on broader market cues, Bitcoin enthusiasts should also pay attention to miners’ behavior. At the moment, miners are responsible for creating the environment that may be required to sail the king coin through the bearContinue reading “Bitcoin [BTC]: Miners may be capitulating, but is that all there is to it”

The recent market crash hasn’t been easy on anyone. Investors across all cryptocurrencies have been equally spooked. However, Avalanche’s investors were particularly more frightened than investors of any other altcoin. This to the extent that they resorted to disappearing. Avalanche goes cold The impact of the May and June crashes has resulted in almost halfContinue reading “Did Avalanche [AVAX] investors go AWOL after the 43% crash”

Along with the rest of the market, NEAR climbed up the price charts and managed to seal a sizable growth. However, the network of late has been observing unfavorable changes. NEAR closer to profits? Investors are not waiting for a moment before making a move. According to on-chain data, NEAR’s bridge with Ethereum has notedContinue reading “NEAR bridge users withdraw $2.3m ETH amid 17% rise but here’s the catch”

Axie Infinity, over the last 24 hours, was one of the best-performing assets not just in GameFi or DeFi but amongst every major cryptocurrency. With the overall growth observed over the week, AXS was successful in invalidating some of the bigger losses this month. Axie Infinity takes back control Apart from June noting one ofContinue reading “Axie Infinity traders should know this reason behind 40.66% rally of AXS”

The global crypto market cap on 24 June stood at $937.07B, below the $1T mark. However, there was a 3.11% increase over the last day. But the chances of overall recovery looked grim. Even though most of the altcoins are performing better, they are nowhere close to recovering the losses observed since the beginning ofContinue reading “Is Decentraland’s [MANA] 7.73% spike a start of 592% recovery”

The recovering market has allowed many cryptocurrencies to go on an uptrend, something that has elated investors considerably. However, what must be remembered is that most altcoins have been on a downtrend since May 2021, making recent rallies nothing more than a speck in their price action. Enjin-s on! The community management platform’s native token,Continue reading “Enjin-s on – A 25% rally, investors’ balances, and whatnot”

The Sandbox is not an exception when it comes to the broader market trend. Thus, when the market crashed, SAND too fell sharply. Likewise, as the market recovered in the last few days, the metaverse token has also posted gains. In fact, even on 22 June, countering the green candles from 21 June, SAND isContinue reading “Assessing if The Sandbox’s NYC event can bring SAND to $1”

 Shiba Inu like all the other altcoins has been following the broader market cues. And, its volatility has always been a matter of concern for investors. However, one interesting thing to note about SHIB’s volatility is the fact that it sometimes helps SHIB register more gains. Thus, it tends to make the market. At otherContinue reading “Can Shiba Inu burning help traders see morning start on the price chart”

The largest decentralized exchange is set to upgrade with NFTs as Uniswap announced that the platform will be integrating an NFT marketplace aggregator in fall 2022. The integration will allow users to discover and trade NFTs across most platforms. Naturally, the market was bound to react positively, and it did. However, the question here is,Continue reading “Assessing if arrival of NFTs on Uniswap can initiate a 78% rally for UNI”

The presence of the AAVE protocol and token in the DeFi space has been prominent since its launch. And, with its third iteration, AAVE has cemented itself as a top lending protocol. Regardless, its native token is yet to outperform its counterparts. At press time, AAVE was the #50 biggest cryptocurrency in the world byContinue reading “AAVE traders caught in dilemma should take a look at these metrics for clarity”

Lido DAO may not be the most famous protocol or token in the crypto space, but at one point, it was worth much more than any other DeFi asset. Currently, the altcoin is exhibiting similar traits by leading the DeFi market out of the bears’ territory. What is Lido DAO? It has been a risingContinue reading “Did Lido DAO’s 42% rally trigger the DeFi market’s recovery”