Altcoins. Photo by BeInCrypto The crypto market continues to remain unpredictable with some altcoins forming new ATHs while others decline. Among these is Saros (SAROS) which has remained afloat this week, near its ATH. BeInCrypto has analysed two other altcoins that could likely form a new all-time high this week as the market improves. Saros (SAROS) SAROS price is trading at $0.402, holding firmly above the $0.401 support level. This support has remained intact for over a week, indicating strong inves ...

Core Insights - Pudgy Penguins has experienced a significant resurgence, achieving a 14% rally and reaching a market capitalization of over $2.4 billion, positioning it among the top 50 cryptocurrencies [1] - Analysts are optimistic about the potential for a 40% breakout to a new all-time high above $0.06, driven by institutional interest and favorable market conditions [1][2] Institutional Exposure - On September 17, Bullish, a New York-listed company, showcased Pudgy Penguins and the $PENGU token to high-net-worth investors during its Q2 earnings report, enhancing the brand's institutional appeal [2] - Pudgy Penguins has become the only NFT/memecoin project consistently featured by Wall Street ventures, indicating growing institutional interest [2] Viral Marketing and Engagement - In June, Pudgy Penguins garnered significant attention, averaging 850 million daily interactions across platforms like Tenor and Giphy, and served as the crypto mascot for the NASDAQ opening bell ceremony [3] - The brand has been featured in various mainstream contexts, including Walmart, arcades, ETF commercials, gaming, and TV shows, contributing to its viral expansion [3] Product Launch and Performance - The Pudgy Party mobile game launched globally on the App Store and Google Play Store at the end of August, achieving over 100,000 downloads and a 4.1 rating within 30 days [4] - The game's success has earned it recognition as one of Apple's "New Games We Love," further enhancing the brand's visibility [4] Market Potential and Technical Analysis - Analysts suggest that PENGU has triggered a bullish retest, with potential price targets around $0.09, representing a 150% increase from current levels [5] - Technical analysis indicates a completed Elliott Wave pattern, suggesting the possibility of a significant rally, with targets of up to $0.065, reflecting a 67% increase [6][7]

Group 1 - Chainlink's native token (LINK) surged 6% over the past 24 hours, crossing $24.5, as crypto prices increased with altcoins outperforming [1] - The price increase is attributed to large-cap altcoins leading the market in anticipation of spot-based ETFs potentially being approved by the SEC [1] - Caliber (CWD), a public wealth management firm, purchased $6.5 million worth of LINK tokens as part of its digital asset strategy [2] Group 2 - The Chainlink Reserve acquired an additional 43,000 LINK tokens, valued at $1.05 million, as part of its initiative to buy tokens using revenue from protocol integrations and services [3] - Since August, the Chainlink Reserve has accumulated a total of 323,116 LINK tokens, worth $7.9 million [3] - Technical analysis indicates LINK is gaining momentum, with strong support at $22.82 and high-volume confirmation of 5.56 million units [4] Group 3 - Multiple resistance levels have been breached, including $24.16 and $24.42, indicating sustained purchasing pressure [4] - Ascending low formations throughout the recovery phase suggest consistent upward momentum for LINK [4]

Dogecoin price rose 5% on Thursday, cleanly breaching the $0.25 level for the first time in nearly a month. The main bullish catalyst was the imminent Dogecoin ETF nearing approval after months of pushback and a long-running review process by the US Securities and Exchange Commission (SEC). On Thursday, Bloomberg Chief ETF Analyst Eric Balchunas confirmed that a Dogecoin ETF filing by Rex Osprey under the ticker DOJE is now set to resume trading on Friday, after a 24-hour delay. Dogecoin’s 5% price gains ...

Key Points Dogecoin has continued to gain ground on expectations that an ETF built around the token could launch this week. Rex Shares and Osprey Funds have submitted a prospectus to the SEC, requesting approval of a Dogecoin ETF under a different legislative framework. The launch of Dogecoin ETFs could create meaningful positive catalysts for the token. 10 stocks we like better than Dogecoin › Dogecoin (CRYPTO: DOGE) is posting another round of strong gains in Tuesday's trading. The crypto token ...

I have been looking to find income alternatives to invest in the crypto asset class this year because the crypto market has grown to over $2 trillion. A market of such size should be able to offer attractive investment opportunities for income. RoundhillAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in YBTC over ...

Group 1: Institutional Support for Solana - Institutional inflows are favoring Solana, with the SEC accelerating the approval process for Solana ETFs, potentially leading to approvals before Halloween [2] - Anticipation of these approvals has already resulted in significant capital movement, with newly listed Solana ETPs attracting $78 million in a single week [3] - In contrast, Dogecoin's potential ETF approval lacks the same institutional interest due to its meme coin status and absence of yield or development roadmap [4][6] Group 2: Growth of Tokenized Assets on Solana - Solana's on-chain tokenized stock market has seen rapid growth, increasing from $15 million to $48 million in just two weeks, indicating strong demand for tokenized equities [7] - The influx of tokenized assets enhances Solana's reputation and generates settlement fees, as asset managers transition real-world assets onto its blockchain [9] - Dogecoin is unable to compete in this area due to its lack of smart contract capabilities and regulatory compliance features [10] Group 3: Performance and Development Advantages - Solana boasts a maximum theoretical throughput of 65,000 transactions per second, with real-world throughput peaking above 5,000 TPS, providing a superior user experience [11] - The network has led in developer activity among its peers for three consecutive months, resulting in significant upgrades and enhancements [12] - Dogecoin's stagnation in developer activity limits its potential for new features and growth, reducing its attractiveness to investors [13] Group 4: Future Outlook - Assuming timely ETF approvals and continued growth in tokenization, Solana is expected to see improvements in transaction counts, fee revenue, and overall market narrative, positioning it to outperform Dogecoin both in the short and long term [14]