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Despite being seen as the pro-crypto candidate of the 2024 election, thus far, Donald Trump’s second presidency has had its fair share of controversies regarding the cryptocurrency market. Perhaps the most significant of these was the launch of Official TRUMP (Trump), the president’s very own meme coin. Released on January 17, just days before the inauguration, TRUMP quickly skyrocketed, reaching an all-time high (ATH) price of $44.28 per token on January 21, as well as a market capitalization of roughly $14.7 billion. The frenzy was short-lived. By the end of January, Official TRUMP was changing hands at a price of $24.05, and has been on a steady downward trajectory ever since. At press time on March 28, the president’s meme coin was trading at a price of $10.18. Picks for you Crypto market erases $100 billion in 24 hours ...

A large entity is reportedly accumulating Uniswap’s native token UNI, according to blockchain tracking firm Lookonchain. Citing data from on-chain “de-anonymizer” Arkham, Lookonchain reports that an unknown deep-pocketed investor has begun withdrawing UNI from Binance, the largest crypto exchange in the world. “A giant whale is accumulating UNI! This whale has withdrawn a total of 1.7 million UNI ($15.54 million) from Binance in the [past days].” According to Arkham’s data, the whale also holds $15.8 million in Tether’s USDT in the same wallet which was created only about two weeks ago. Uniswap is the second-largest decentralized exchange (DEX) in the world, according to CoinGecko, and UNI is its governance token. Uniswap is the top DEX operating on Ethereum (ETH). At time of writing, UNI is trading for $9.22, up over 50% in the past year. Lookonchain also reported two whales loading up on HYPE, the native token for th...

Cardano’s price is at $0.45 after a bearish flip this past month.  Santiment analysts say ADA could see a potential bullish flip as whale activity spikes. KangaMoon (KANG) is a new crypto project attracting a lot of attention in its presale.  Cardano (ADA) has dipped below a key level and could face new downside pressure as Bitcoin struggles to reclaim $64k. However, on-chain data shows a spike in whale activity to suggest a potential reversal. This article looks at the price prediction for Cardano, and what the broader market outlook means for KangaMoon (KANG). What is KangaMoon? KangaMoon is a new cryptocurrency that combines meme coin culture with the emerging SocialFi and GameFi elements of the crypto market. The project’s strong pull is down to the rapid growth of the meme coin sector and the utility and appeal of play-to-earn (P2E) gaming. KangaMoon’s native token offers access to these components of the market, with early...

Shiba Inu is a prominent meme. Over time, it has emerged as the second-largest meme coin. SHIB has also earned a supportive community over the years. Thanks to the surge in price and various developments, SHIB has acquired a supportive SHIB army. According to the latest data from IntoTheBlock, there has been a massive inflow of large Shiba Inu holders, aka whale s, which has shown a 3,770% spike in activity over the last seven days. Also read: Bitcoin Below $30k, Altcoins Retract After Positive Ripple News The surge in large-holder inflows indicates possible buying activity. This activity is also a likely indication that the whale s are buying in bulk as the price is bottoming. Source: Mid-Day Shiba Inu burn rate drops by -71%, despite increase in whale activity Data from Shibburn has revealed that the burn rate has plummeted by -71.16% in the last 24 hours. Additionally, during this timeframe, only 26.4 million SHIB were burned. Source; Shibburn ...