Cardano

Bitcoin

Elon Musk

<div class="finbold">
 <p class="paragraph">In the past seven days, the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency market, predominantly led by Bitcoin (BTC), has primarily maintained a consolidated stance as investors await any significant breakout. Overall, the market remains on the edge, anticipating a sustained bullish run, particularly with the impending Bitcoin halving event awaited for April.&nbsp;</p>
 <p class="paragraph">Notably, a few <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies have captured attention, largely owing to their distinct underlying fundamentals. Against this backdrop, the following three <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies warrant close observation from investors this week.</p>
 <h2 class="wp-block-heading" id="h-dogecoin-doge">Dogecoin (DOGE)</h2>
 <p class="paragraph">Dogecoin (DOGE) investors anticipate another week of possible bullish sentiments to propel its price surge. It is worth noting that recent on-chain metrics and community discussions point to potential advancements in the token’s valuation, particularly with significant interest in its integration with X (formerly Twitter) for <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> payments.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Andrew Tate reveals his Bitcoin DCA strategy <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    3 cryptocurrencies to avoid trading next week <span class="self-center text-xs text-slate-500">19 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Got $500? Buy these cryptos <span class="self-center text-xs text-slate-500">22 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Short squeeze alert for next week: Two cryptocurrencies with potential to skyrocket <span class="self-center text-xs text-slate-500">23 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">Fueling speculations, prominent Dogecoin developer “Mishaboar” sparked conversations about integrating DOGE into X’s payment system. Since Elon Musk acquired the social media platform, discussions regarding DOGE’s incorporation have flourished. While the timeline remains uncertain, Mishaboar, in an X post on March 28, hinted at potential collaborations with exchanges or brokerage platforms to facilitate seamless integration.</p>
 <p class="paragraph">At the same time, on-chain analysis indicates a surge in the DOGE transaction count, signaling heightened investor activity and a growing demand for the meme coin. Data from crypto analysis platform <em>Santiment</em> indicates transactions skyrocketing from 1.22 billion to 9.20 billion DOGE within a mere 48 hours as of March 27.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">@santimentfeed data suggests a significant increase in #Dogecoin transaction volume, rising from 1.22 billion to 9.20 billion in a 48-hour period. While the reason behind this surge is still unclear, it is a noteworthy development for the #memecoin .$DOGE #Crypto pic.twitter.com/Lqj4Tu9pCz</p>— 山丨ㄥㄥ Trader_Kamikaze (@trader_kamikaze) March 27, 2024
   </blockquote>
  </div>
 </figure>
 <p class="paragraph">However, amid the excitement, attention remains on whether DOGE can sustain its recent price gains, with the token having reached one of its highest levels since December 2021, and investors are closely monitoring its ability to maintain this momentum.</p>
 <p class="paragraph">As of press time, DOGE was trading at $0.21, with daily losses of about 2.5%. Nonetheless, over the past seven days, the token has surged by almost 30%.&nbsp;</p>
 <figure class="wp-block-image aligncenter size-full"><img decoding="async" width="1012" height="570" src="https://cdn.thebittimes.com/images/2024/03/30/653a2d7dca0e98e22f3352bebb2397f9.webp" alt class="wp-image-164986" srcset="https://cdn.thebittimes.com/images/2024/03/30/653a2d7dca0e98e22f3352bebb2397f9.webp 1012w, https://cdn.thebittimes.com/images/2024/03/30/653a2d7dca0e98e22f3352bebb2397f9.webp 300w, https://cdn.thebittimes.com/images/2024/03/30/653a2d7dca0e98e22f3352bebb2397f9.webp 768w" sizes="(max-width: 1012px) 100vw, 1012px">
  <figcaption class="wp-element-caption"><em>DOGE seven-day price chart. Source: CoinMarketCap</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-xrp-nbsp">XRP&nbsp;</h2>
 <p class="paragraph">XRP braces for a pivotal week driven by both on-chain metrics and regulatory dynamics that could significantly impact its valuation. Despite the broader market trends, XRP has notably failed to keep pace, remaining in a consolidated phase below the $0.70 mark.</p>
 <p class="paragraph">Investor attention zeroes in on XRP this week as its parent company, Ripple, gears up to unlock 1 billion tokens on April 1. This routine sell-off, part of Ripple’s monthly schedule since 2017, raises concerns about potential downward pressure on XRP’s price in the near term.</p>
 <p class="paragraph">Adding to the uncertainty is the shift in token release methodology, with Ripple employing different accounts for this month’s unlocking. This move amplifies existing questions about XRP’s price trajectory and its impact on the ongoing consolidation phase.</p>
 <p class="paragraph">Furthermore, notable activity has been observed on the network, particularly in terms of whale transactions. A recent transfer of 210 million XRP between unknown whale wallets, valued at $128.9 million, has fueled speculation, further heightening anticipation regarding XRP’s movement.</p>
 <p class="paragraph">In tandem with these developments, Ripple continues its legal battle with the U.S. Securities and Exchange Commission (SEC), which seeks hefty penalties against the company.&nbsp;</p>
 <p class="paragraph">Allegations of conducting unregistered XRP offerings have led to a proposed penalty of $1.95 billion. Ripple’s CEO, Brad Garlinghouse, and Chief Legal Officer, Stuart Alderoty, have strongly criticized the SEC’s actions, signaling that any developments in the case could sway XRP’s price.</p>
 <p class="paragraph">As of press time, XRP was trading at $0.62, marking slight weekly gains of just above 1%.&nbsp;</p>
 <figure class="wp-block-image aligncenter size-full"><img decoding="async" width="1025" height="600" src="https://cdn.thebittimes.com/images/2024/03/30/e52a62d93c0d0217cbac39078def41d6.webp" alt class="wp-image-164987" srcset="https://cdn.thebittimes.com/images/2024/03/30/e52a62d93c0d0217cbac39078def41d6.webp 1025w, https://cdn.thebittimes.com/images/2024/03/30/e52a62d93c0d0217cbac39078def41d6.webp 300w, https://cdn.thebittimes.com/images/2024/03/30/e52a62d93c0d0217cbac39078def41d6.webp 768w" sizes="(max-width: 1025px) 100vw, 1025px">
  <figcaption class="wp-element-caption"><em>XRP seven-day price chart. Source: CoinMarketCap</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-cardano-ada">Cardano (ADA)</h2>
 <p class="paragraph">Cardano (ADA) has asserted its prominence in the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency market with sustained network development aimed at establishing itself as a formidable competitor to entities like Ethereum (ETH). Spearheaded by IOHK, recent updates underscore significant progress across various aspects of the platform.</p>
 <p class="paragraph">Notably, data released for the week ending March 29 revealed substantial efforts towards integrating the latest node release, v.8.10.0-pre, into SanchoNet for governance testing. Additionally, the ledger team has advanced in enhancing test frameworks and data quality, reinforcing Cardano’s pursuit of stability and reliability.</p>
 <p class="paragraph">The platform’s expanding ecosystem is evident through notable project metrics, including 163 projects launched, 6,449 smart contracts deployed, and a remarkable 88.1 million transactions recorded by the week ending March 29.</p>
 <figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="574" src="https://cdn.thebittimes.com/images/2024/03/30/2fddb6ff52c33c7390035464321e7dd6.webp" alt class="wp-image-164988" srcset="https://cdn.thebittimes.com/images/2024/03/30/2fddb6ff52c33c7390035464321e7dd6.webp 1024w, https://cdn.thebittimes.com/images/2024/03/30/2fddb6ff52c33c7390035464321e7dd6.webp 300w, https://cdn.thebittimes.com/images/2024/03/30/2fddb6ff52c33c7390035464321e7dd6.webp 768w, https://cdn.thebittimes.com/images/2024/03/30/2fddb6ff52c33c7390035464321e7dd6.webp 1429w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>Cardano weekly development report. Source: IOHK </em>
  </figcaption>
 </figure>
 <p class="paragraph">This week, all eyes are on ADA’s potential to approach the $1 mark. The network’s activity serves as a critical factor in propelling the token towards this milestone, with its ability to sustain prices above the $0.6 support level being closely monitored.</p>
 <p class="paragraph">As of press time, ADA was trading at $0.65, boasting weekly gains of over 4%, signaling growing investor confidence in Cardano’s trajectory.</p>
 <figure class="wp-block-image aligncenter size-full"><img loading="lazy" decoding="async" width="1021" height="569" src="https://cdn.thebittimes.com/images/2024/03/30/b6fdd85cc50b7b490a41ee487f5cdd8e.webp" alt class="wp-image-164989" srcset="https://cdn.thebittimes.com/images/2024/03/30/b6fdd85cc50b7b490a41ee487f5cdd8e.webp 1021w, https://cdn.thebittimes.com/images/2024/03/30/b6fdd85cc50b7b490a41ee487f5cdd8e.webp 300w, https://cdn.thebittimes.com/images/2024/03/30/b6fdd85cc50b7b490a41ee487f5cdd8e.webp 768w" sizes="(max-width: 1021px) 100vw, 1021px">
  <figcaption class="wp-element-caption"><em>ADA seven-day price chart. Source: CoinMarketCap</em>
  </figcaption>
 </figure>
 <p class="paragraph">In summary, it’s worth noting that the mentioned <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies remain susceptible to other market sentiments beyond their underlying fundamentals.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em>&nbsp;The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/here-s-why-you-should-watch-this-3-crypto-this-week-tbt83968.html">https://thebittimes.com/here-s-why-you-should-watch-this-3-crypto-this-week-tbt83968.html</a></p>

Here’s why you should watch this 3 crypto this week

목차

TheBitTimes

2024년 3월 30일에 게재된 다른 기사

Litecoin Ascends Above $100 as Market Cap Shines

Litecoin’s Recent Market Performance and Technical Outlook

Ripple Faces Potential Hefty SEC Fine

Harga SHIB Diprediksi Melesat ke US$0,0001, Ini Faktor Penyokongnya

Q2 outlook: DeeStream set to excel as Cardano, Solana, struggle

Litecoin Rallies with Strong Market Interest and Miner Accumulation

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!