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The non-fungible token market sales have tanked again this month, following the footprints of its parent crypto market, which has also lost its initial traction in recent days. In this article, we shall assess in depth the full market health of the non-fungible token market this month: NFT Sales Fall 46% In June 2024 Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, indicates that the non-fungible token market has fallen again in trading sales this month. Last month, the NFT market sales fell 54%, marking the lowest sales since October 2023. The NFT market has shrunk again in trading sales volume this month, with many blue-ship non-fungible token collections shielding more than 20% of the floor price value. In the past 30 days, the NFT market has amassed a trading sales volume of $478 million, representing a 46% plunge from the past month. Ethereum, the blockchain network powering Ether crypto and renow...

Shiba Inu [SHIB] has been a favorite among many. The asset has proved to be much more than a meme coin over the past several days. It looks like SHIB has been getting the attention it deserves. Grayscale, a prominent crypto asset management firm put SHIB under the top cryptocurrency networks by market capitalization. The company tweeted a list of the market’s most valued assets on X, [formerly Twitter]. The post recorded weekly, monthly, annual, and year-to-date returns for the top 10 cryptocurrency assets. About six assets saw negative weekly returns. This included XRP, Bitcoin, and Shiba Inu. Solana, Toncoin, and Tron, on the other hand, had significant increases and emerged as the top performers. The SHIB market was not without its challenges. Over the past few weeks, there has been a significant decline in the asset. SHIB suffered the most loss as its price fell by 34.8% between May 26 and June 26. Shiba Inu’s rival Dogecoin, saw a monthly loss of 24.9% for its invest...

The cryptocurrency market is on the brink of an anticipated upturn, marked by a potential bull run and altcoin season looming ahead. Presently, the market shows stability with mounting anticipation. Altcoins are trading at relatively down trends, suggesting they are primed for potential surges in value. This period presents a distinct opportunity for substantial profit potential. This Analysis identifies altcoins poised for growth, offering insights that could uncover significant investment opportunities. Top Crypto to Invest in Right Now Investors are increasingly eyeing digital assets demonstrating strong performance and promising growth prospects. Understanding market dynamics, such as recent price movements, trading volumes, and community interest, provides valuable insights for strategic investments. The Stack token has demonstrated notable upward momentum, accompanied by increased network activity.   Meanwhile, Avalanche has recently forged a strategic partnership w...

One widely followed crypto analyst says one low-cap artificial intelligence (AI) token is poised to come to life. Crypto trader Michaël van de Poppe tells his 722,600 followers on the social media platform X that the 346th-largest crypto by market cap, Covalent (CQT), is primed to rally. “CQT is currently back to the levels of November 2023. A harsh correction since the peak in February. Expecting to see the price of Covalent rally up significantly, since their recent new updates.” Source: Michaël van de Poppe/X CQT is worth $0.163 at time of writing, up 2.2% on the day. Looking at Bitcoin (BTC), Van de Poppe warns the crypto king may drop lower before rising again. “This would likely be the case for Bitcoin. Preferably we sweep the $60,000 area where a bullish divergence kicks in. Reversal coming from next week with the impending Ethereum ETF (exchange-traded fund) listing.” Source: Michaël van de Poppe/X BTC is worth $61,487 at t...

The largest dogwifhat (WIF) holder is adding more to his holdings while other memecoin whales are selling off, according to on-chain data. Blockchain tracking firm Lookonchain reports that the top dogwifhat holder has more than 23 million WIF after suddenly buying 2.3 million additional tokens. “The largest holder of WIF spent 4.65 million USDC to buy 2.3 million WIF at $2.03 [June 25th]! He currently holds 23.39 million WIF ($49.6 million), with a profit of ~$83 million on WIF! He is also the one who spent 86,738.1 SOL ($8.65 million) to buy 17.22 million WIF in one trade.” Source: Lookonchain/X WIF is trading for $2 at time of writing, down nearly 3% in the last 24 hours. Meanwhile, another WIF whale who had racked up massive losses trading the memecoin just bought more, according to Lookonchain. “This whale, who lost $4.63 million on WIF, spent 3.77 million USDT to buy 2.06 million WIF back after the WIF price rose. His average buying pri...

Achieving good returns in a strong market involves monitoring the top cryptocurrencies and preparing Altcoins for growth. Yet, spotting the next prominent cryptocurrency can be challenging because many investors focus on already popular assets. This article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  Today’s Analysis details the performance of the cryptos that investors should add to their watchlist. It also includes a special mention of Sealana, a Solana meme coin that introduces Features and widgets to accommodate different investor preferences. The details of its presale and the performance of the top-performing crypto ...

The advent of crypto welcomed a lot of people to the millionaires club. Cryptocurrency can be the simplest path to becoming a millionaire but coins like Dogecoin and Bonk have made it risky. But not all is lost because of meme coins like MoonBag. The world of cryptocurrency is brimming with opportunities, and MoonBag ($MBAG) is making significant waves with its presale. The reason for MoonBag’s unprecedented success is its predictability and stability, which coins like Dogecoin and Bonk lack.  This makes it the best meme coin choice for investors right now as they drop unstable coins and move towards a rewarding and stable future. MoonBag presale is literally the ticket to the moon. Dogecoin: A Risky Investment for 2024? The original meme coin, Dogecoin (DOGE), has enjoyed a surge in interest that was mainly spurred by Twitter endorsements and the power of the people. However, the coin is more a hype than a real asset. Analysts predict high risks, and prospective...

Ava Protocol, a Web3 automation platform, has acquired Openstory, a leading data streaming platform specializing in on-chain data and analytics, according to the latest updates shared with Finbold on June 26.  The integration of Openstory will significantly boost Ava Protocol’s ability to deliver precise insights into Ethereum Virtual Machine (EVM) chain activities via real-time data streaming and analytic capabilities.  Coupled with several key appointments, the acquisition is another major milestone in Ava Protocol’s expansion . Picks for you R. Kiyosaki: Hang on tight as Bitcoin lifts off into the ‘Banana Zone’ 21 mins ago AI predicts Ethereum for price for July 1, 2024 53 mins ago ...

In a new video titled “If I Had To 10X My Money, I’d Only Hold These 4 Alt coins !” aimed at shedding light on potential bull market leaders, renowned crypto analyst Miles Deutscher dissected the crypto landscape to pinpoint four alt coins that he believes could significantly outperform the market. His insights came in response to a query from his Discord channel about potential 5x to 10x gains during the current bull market. Deutscher believes that success in the crypto markets doesn’t necessarily come from holding a vast array of coins but rather from carefully selecting a few that have strong potential narratives. He articulated this during his presentation, stating, “You don’t need to own 30, 40, 50, 60 alt coins in order to get your desired returns. In fact, if you select the right coins and pick the right narratives, you could potentially succeed in this market with three, four, or five alt coins .” He also provided strategic insigh...