Latest news with #Cryptonews
Yahoo
27-05-2025
- Business
- Yahoo
Dogecoin Rebounds 5.5% as Whale Accumulation Fuels Bullish Momentum
The cryptocurrency market is navigating choppy waters as geopolitical tensions and trade disputes create headwinds for digital assets. Despite broader market uncertainty, Dogecoin has demonstrated remarkable resilience, recovering from a significant dip to $0.220 and establishing strong support at the $0.222 level with nearly double the average 24-hour trading volume. This price action has formed a clear higher low pattern, suggesting bullish momentum is building despite macroeconomic challenges. Technical Analysis Highlights DOGE recovered from a significant dip to 0.220 at 01:00 on May 27th to reach a high of 0.232 by 13:00, representing a range of 0.012 (5.45%). Price action formed a clear higher low pattern after the volume spike at 01:00, establishing strong support at the 0.222 level with nearly 393M in volume—almost double the 24-hour average. Subsequent hours showed consistent buying pressure with price maintaining above the 0.227 resistance level since 07:00. The 13:00 candle demonstrated exceptional strength with 558M volume, suggesting institutional accumulation and potential for continued upward momentum. In the last hour, DOGE continued its bullish momentum with a significant price surge from 0.228 to 0.232, peaking at 13:19 with a high of 0.232175. Notable volume spikes occurred at 13:08-13:10 (75M combined) and 13:13 (21M), indicating strong institutional interest. A minor pullback began at 13:33, with price retracing to 0.228 support level by 13:51, before recovering to 0.229 by session close. This consolidation above the 0.228 support level suggests the uptrend remains intact despite profit-taking, with the 0.232 resistance now established as the next key level to watch. External References "Breakout Above This Pattern Could Send Dogecoin to $3, Analyst Says", The Crypto Basic, published May 26, 2025. "Dogecoin is About to Explode 225% – Chart Signals a Major Move Incoming", Cryptonews, published May 27, 2025. "Dogecoin Breakout Incoming? $3 Target On The Horizon—Analyst", NewsBTC, published May 27, 2025.
Business Mayor
02-05-2025
- Business
- Business Mayor
Best Wallet Token ICO Nears $12M as Analyst Predicts 100X Gains: Best Crypto Presale?
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content. Best Wallet Token ($BEST) is set to shake up the $11 billion crypto wallet industry with a new super app that lets you meet all your blockchain needs from one dashboard. The project is currently undergoing a presale where it has raised $11.9 million so far, reflecting immense appeal among investors. This presale event will finance Best Wallet's development while granting investors an opportunity to buy $BEST at a ground floor price. Its early success reflects deep market interest, which, when combined with its innovative use case, is stirring considerable optimism among industry experts. Several top traders have said $BEST will explode when it lists on the open market, with some forecasting that 100x gains could follow the exchange launch. Prospective investors can buy $BEST at its current presale price of $0.02495, but this will rise as the presale advances. The next increase will occur in under two days, meaning those seeking the most upside potential should not wait around. Best Wallet's multichain support and instant cross-chain swaps While wallets such as MetaMask and Phantom are tied to a small number of blockchains, Best Wallet supports a staggering 60 different networks. This includes Bitcoin, Ethereum, Solana, XRP, Cardano, and Sui. What's more, the project also has a built-in cross-chain decentralized exchange. No more manual bridging or hunting for the best swap rates, Best DEX aggregates liquidity from over 200 exchanges so you can execute instant cross-chain swaps and are guaranteed the best price. Beyond that, Best Wallet also presents features such as a crypto debit card, a presale aggregator, and advanced fraud protection. The last point is crucial. Scams are rife in crypto, especially once you venture outside the garden walls of a centralized exchange. But Best Wallet grants you all the benefits and opportunities of decentralized crypto storage, while providing security measures that exceed those of a top centralized exchange. It uses cutting-edge Fireblocks MPC and allows users to create cloud backups to their multi-chain crypto wallets without managing seed phrases. It's a setup that greatly enhances the user experience while ensuring funds are always safe. With serious advancements in wallet technology, experts believe Best Wallet Token could provide substantial returns. For instance, analysts from Cryptonews said the price could rally by 100x after listing on exchanges. Considering its early stage and powerful use case, 100x gains certainly should not be ruled out. Maximize profitability with Upcoming Tokens and aggregated staking There has been a vibe shift in crypto recently, with Bitcoin and altcoin prices rallying again after months of adversity. Now, investors are hungry for opportunities that could compound their wealth – and the Best Wallet app offers exactly that. It offers users two core money-making features capable of delivering substantial returns in bullish periods. The first is Upcoming Tokens, a presale aggregator that allows investors to research, buy, and track all the top crypto presales from one dashboard. This feature has already proven useful, having provided a 10x gain on Pepe Unchained and 50x gain on Catslap during December, which was the last time the market was bullish. Currently, projects like Solaxy, MIND of Pepe, and BTC Bull Token are available to buy. And with market conditions on the rise, it appears that these could also provide huge returns after listing on exchanges. Second is its staking aggregator. This feature allows users to deposit a range of different cryptocurrencies and generate passive yields. Best Wallet covers all bases ranging from multi-chain support to crypto launches and staking – it's compiling the multi-trillion dollar crypto industry into one smartphone app. Best Wallet Token unlocks powerful ecosystem perks Holding the Best Wallet Token unlocks special perks inside the app such as trading fee discounts, higher staking yields, governance rights, and access to promotions on partner projects. It's not just a token to speculate on Best Wallet's growth; it's a key that unlocks game-changing utility. Despite being newly launched, Best Wallet already boasts over 250,000 users. It's proving highly popular, and as its demand increases, as will the demand for $BEST. This, in turn, could cause its price to surge and potentially realize the 10x price target set by Jacob Bury. But with price increases occurring throughout the ICO, potential investors shouldn't wait to get involved. Follow Best Wallet on X or join its Telegram for updates. Alternatively, visit its website to buy tokens. Visit Best Wallet Token Presale
Business Mayor
22-04-2025
- Business
- Business Mayor
Solaxy Presale Rockets Past $30 Million – Best Crypto ICO to Buy Now?
The crypto market appears to be bouncing back, with green candles lighting up across key assets like Bitcoin and Ethereum. Amid this recovery, investors are looking for high-potential projects—and one that's making major waves is Solaxy, a Solana-based project that has already raised over $30 million in its presale. Solana has established itself as one of the fastest and most cost-effective blockchains in the crypto space. However, its rapid adoption has brought challenges, particularly in network performance. The increased number of users and growing on-chain activity have led to network congestion, causing transaction delays and failures. This has made user experience less predictable, especially during peak hours when demand outpaces network throughput. Despite its strong fundamentals and robust ecosystem, this congestion problem remains a critical concern that projects like Solaxy are aiming to solve by improving scalability and stability for everyday users. With a market cap of $67 billion, Solana's price surged by $130. The token's 21% increase over the past seven days has led experts to predict it could reach $250 by the end of 2025. For those who believe in Solana's long-term vision, Solaxy offers an indirect way to gain exposure to its growth, especially with Solana's RSI recently entering oversold territory—an indicator that it may be undervalued and ready for a rebound. Source – Cryptonews on YouTube Solaxy pioneers a revolutionary advancement in blockchain technology, delivering the first-ever Layer 2 solution designed exclusively for the Solana ecosystem. This project aims to transform how users interact with Solana by dramatically enhancing scalability, reducing failure rates, and maintaining seamless performance even during periods of high network demand. Leveraging a rollup-based architecture, Solaxy offers off-chain transaction processing that eliminates bottlenecks commonly experienced during traffic spikes, which have historically caused disruptions and financial losses on the Solana network. By optimizing speed and throughput, it positions itself as a future-proof, high-performance infrastructure layer designed to support the next wave of decentralized applications. Despite its advanced utility, Solaxy is packaged with the charm of a meme coin, capitalizing on the growing popularity of frog-themed tokens that are predicted to dominate the meme landscape in 2025. Source – Solaxy Twitter It's also built to be cross-compatible with both Ethereum and Solana networks, ensuring broad utility and liquidity for its multi-chain token. On March 25th, Solaxy shared a development update highlighting key improvements to its network performance and user experience. The team has been focused on enhancing transaction throughput and boosting transactions per second (TPS). A major upgrade includes the integration of a new sequencer from the Sovereign SDK to enable soft confirmations—offering users quicker transaction validation prior to full rollup processing. The updated sequencer also allows seamless switching between basic and soft confirmation kernels. To further optimize rollup performance, Solaxy is working closely with Sovereign on a new caching mechanism and refining serialization processes to reduce overhead. Additionally, collaboration with Hyperlane continues to improve the validator setup for the Bridge UI, strengthening security and delivering a more stable and production-like experience even on testnet. The Solaxy presale is live, offering $SOLX tokens at $0.001694 each. Investors can purchase these tokens using cryptocurrencies such as $ETH, $BNB, and $USDT, or through bank card payments. The project is integrated with Best Wallet, a rapidly growing crypto wallet platform that enables users to easily view their purchased tokens, staking amounts, and rewards—helping simplify the onboarding process for new crypto participants. Staking with Solaxy offers a competitive 135% APY, which, while lower than some extreme meme coin yields, remains a strong incentive for early adopters. The token generation event will unlock staked tokens and presale purchases, coinciding with its debut on both centralized and decentralized exchanges. Solaxy's social media presence is growing quickly, with over 84k combined followers on X and Telegram. This increase in engagement reflects growing interest in the project and recognition of its potential. As the presale passed the $30 million milestone, anticipation rises for what many view as the next breakout crypto. By addressing the long-standing need for a dedicated Layer 2 solution for Solana, Solaxy not only improves technical performance but also taps into the current meme coin frenzy, suggesting the possibility of explosive growth. With early signs of strength in the bull market, Solaxy could be one of the best ICOs to invest in now. To take part in the $SOLX token presale, visit
