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The Pudgy Penguins price surged 31% in the last 24 hours to trade at $0.03798 as of 9:34 p.m. EST on trading volume that skyrocketed 117% to $1.4 billion. PENGU jumped to a $2.3 billion market capitalization, flipping Dogwifhat (WIF) at $2 billion to become the 5th-largest meme coin, according to CoinGecko .  Pudgy Penguins Price On A Sustained Bullish Rally The Pudgy Penguins price on the 1-hour chart displays a parabolic rally, surging from a low near $0.02552 on December 23 to its current level of $0.03798, reflecting an impressive short-term bullish trend. The chart shows the Pudgy Penguins price respecting a rising trendline (dotted line), and strong bullish candles support the upward momentum. A flag-like structure is visible in the latter part of the chart, suggesting a potential continuation of the rally if the PENGU price breaks above resistance. The 50-day Simple Moving Average (SMA) (green line) at $0.03094 is trailing behind the price, indicating a healthy upward t...

Author | Jason Jiang & Hedy Bi In the early hours of today, Federal Reserve Chairman Jerome Powell made it clear during a press conference following the monetary policy meeting that the Fed has no intention of participating in any government plan to accumulate Bitcoin. He emphasized that such matters fall under the jurisdiction of Congress, and the Fed has no plans to seek a change in existing laws to allow for Bitcoin holdings. Powell’s statement immediately shook the market, causing Bitcoin’s price to quickly pull back from its high earlier in the week. According to the prediction market Polymarket, the likelihood of a Bitcoin Strategic Reserve dropped from a peak of 40% on the 18th to 34% after Powell’s speech. The cryptocurrency market’s total market value also plummeted, with a loss of approximately 7.5%. This statement not only left the market uncertain about the prospects of a “Bitcoin Strategic Reserve” (BSR), but it also refocused attention on a deeper question: Does the F...

Investing in the crypto market can be both thrilling and rewarding, especially when you keep an eye on top gainers that showcase exceptional growth potential. These tokens often reflect market trends, innovative developments, and rising investor confidence, making them prime opportunities for investors. Whether you’re exploring decentralized finance, blockchain infrastructure, or unique ecosystem advancements, today’s top crypto gainers offer exciting opportunities. These selected tokens showcase the diverse and lucrative possibilities the crypto space has to offer.   Biggest Crypto Gainers Today – Top List Today, we’ll delve into Aave, JUST, Chainlink, and Nervos Network. First, Aave takes the lead with its decentralized lending and borrowing protocols, reshaping the DeFi space. JUST shines with its robust ecosystem on the TRON blockchain, offering stablecoin lending and decentralized exchanges. Chainlink’s decentralized oracle network powers smar...

MicroStrategy’s Michael Saylor has unveiled a new Bitcoin reserve plan worth $81 trillion. The plan targets changes in the cryptocurrency market. It aims to push Bitcoin adoption forward while dealing with regulatory uncertainty. Saylor wants to make the US the leader in digital assets. Also Read: Experts Predict 3,000% Surge for These Altcoins—XRP Not Included Exploring Saylor’s $81T Bitcoin Reserve: How It Could Address Crypto Risks and Revolutionize Financial Stability Source: Forbes Strategic Vision for Digital Asset Policy Source: Watcher Guru / Michael Saylor The Bitcoin reserve plan splits digital assets into six types. These include Bitcoin, digital securities, currencies, tokens, NFTs, and asset-backed tokens. “A strategic digital asset policy can strengthen the US dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy,” Saylor stated in December. Streamlined Compliance and Cost Structure The...

The Solana price plunged 7% in the past 24 hours to trade at $183.50 as of 8:13 p.m. EST on trading volume that slumped 42% to $6.9 billion, according to CoinGecko.  Solana On A Bearish Trend The SOL/USDT chart on a 12-hour timeframe shows that the Solana price initially exhibited an uptrend, as seen by a series of higher highs and higher lows that peaked around its all-time high of $264.35 level. However, after reaching this high, the price began a clear downtrend, marked by consistent lower highs and lower lows. One notable feature is the Fair Value Gap (FVG) marked in red, indicating a potential liquidity zone around $155–$165. The Solana price is currently retracing toward this zone, which could act as support, offering buyers a potential area of interest. Additionally, the price of Solana has recently broken below both the 50-day and 200-day Simple Moving Averages (SMAs), a bearish signal that suggests further downside momentum in the short to medium term. The Relat...

Branded as the first Solana Layer-2 solution, Solaxy (SOLX) has already secured over $3.8 million through its presale funding. Solana has delivered an impressive performance in 2024, surpassing Ethereum and reinforcing its status among top Layer-1 blockchains. However, issues like spam transactions and network congestion have hindered its high throughput, raising concerns about Solana’s long-term prospects. To address these challenges, Solaxy is stepping into the market with its Layer-2 solution, aiming to offer Solana users a more scalable and dependable experience. Solaxy Boosts Solana’s Performance with Advanced Layer-2 Rollup and Multi-Chain Access Solaxy promises significant improvements in performance, scalability, and customization. Solaxy combines the power of Solana with innovative rollup architecture to enhance the user experience for both developers and end-users. As blockchain adoption increases, so does the pressure on existing networks, with Solana often fa...

The world is moving towards de-dollarization by making local currencies the first choice of payment. The US dollar is receiving stiff competition from developing countries looking to cut ties with the greenback. The battle to uproot the USD from the world’s currency has begun, and the first step is to de-dollarize their economies. The central banks of developing countries are diversifying their reserves by adding gold and other currencies to their kitty. Also Read: De-Dollarization: 2 Countries Settle $37 Billion in Local Currencies The goal is to slowly yet steadily end dependency on the US dollar and boost the de-dollarization agenda. However, there are difficulties in making the de-dollarization initiative a reality, as the US dollar is a stronger force to reckon with. It’s arduous to dethrone the greenback as its roots are placed worldwide for all financial transactions. This article will highlight the top three difficulties in achieving the de-dollarization agenda. Also...

In the fast-paced world of cryptocurrency, finding the next big opportunity requires more than luck – it demands a sharp eye for innovation, community, and value. While many meme tokens grab attention with hype and flashy marketing, few manage to deliver lasting returns or a meaningful mission. Enter BEER BEAR ($BEAR) , the token that stands out by combining transparency, community rewards, and a roadmap built for long-term success. As the crypto market evolves, BEER BEAR is setting itself apart as a project that’s not only fun but also fundamentally strong. Let’s dive into what makes $BEAR the perfect recipe for massive crypto gains. BEER BEAR: The Legendary Bar Where Winners Gather 🤩 In the crowded world of crypto bars, most tokens are like bad beer – flat, flavorless, and full of empty promises. You sip them once, and they leave a bitter taste, offering little to no rewards. But BEER BEAR? It’s the perfectly brewed token that stands above the ...

The Unicorn Fart Dust price surged over 534% in the last 24 hours to trade at $0.1781 as of 6:20 a.m. EST as investors FOMO buy the new meme coin. 15 hours ago someone bought $336 $UFD and now about $1.1M in profit. Sold $259,000 so far. 🤖 https://t.co/QYUjB0vpbU pic.twitter.com/CkRFLZKYKv — Kakashi (@kkashi_yt) December 18, 2024 What was initially intended to be a joke crypto to show how out of control the meme coin market is, the new token has entered the market with a bang. The surge seen in the UFD price even surprised the project’s creator, who is known to invest in more traditional assets like gold and silver. Unicorn Fart Dust Price Challenging Resistance 1-hour chart for UFD/USD (Source: DEX Screener ) The Unicorn Fart Dust price has formed a technical resistance level at $0.1833, which it is currently trying to break above. Clearing this obstacle could give the meme coin the foundation needed to keep climbing in the following 24 hours. UFD might ...