Category: Cryptocurrency News

Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs meeting the same criteria. Furthermore, since Nov. 1, 2023, the collective value of DAO treasuries has expanded by more than $20 billion across a period […]

In a thread on X (formerly Twitter), the popular crypto analyst known as cyclop (@nobrainflip) delivered a bold forecast to his substantial following of 394,000. He proclaimed, “We are close to the biggest altseason in history. Everyone will make x50-x100 on their entire portfolio. $5k portfolio will be around $250k-$500k in 2025. All you need is to buy the right lowcaps.” This assertion hinges on a strategic selection of low market capitalization cryptocurrencies, which, according to Cyclop, are poised for an exponential surge in value. Cyclop elucidates his strategy by detailing the liquidity flow typically observed during a bull market phase, a sequential process starting with Bitcoin (BTC) and cascading down to meme coins. He explains, “Here is a typical bull run liquidity flow: 1: BTC pump 2: ETH pump 3: High cap alts pump 4: Low caps pump 5: Memecoin pump.” Importantly, he highlights that high cap memecoins have already experienced their growth phase, suggesting that “lowcap/lowcap memecoins – next” are primed for significant value appreciation. Related Reading: What is Macro/Crypto Summer? Don’t Miss Out, Says Expert Within this framework, Cyclop underscores the potential for staggering returns without the necessity for professional day trading expertise. “It’s cause each coin has its maximum, and if its MC is already high, it’s not so far away. But when the market cap is almost at zero, the potential is enormous,” he advises, promoting a hands-off investment strategy focused on the ‘right’ coins. Crypto Watchlist: Top-10 Lowcap Coins Cyclop’s watchlist is a selection of ten recently launched projects with low market caps and, in his view, substantial growth potential: #1 Wolf Wif (BALLZ): A meme coin that took the Solana blockchain by storm, achieving a $75 million market cap within a day of its launch. Despite a subsequent correction, Cyclop views this as an optimal entry point, confidently stating, “I’m holding my BALLZ tight.” #2 Entangle (NGL): Positioned as a potential leading messaging infrastructure for the Web3 space, Entangle aims to enhance liquidity within the ecosystem. It offers secure, flexible, and interoperable solutions for blockchain data communication, positioning itself as a critical infrastructure for dApps and builders. #3 StarHeroes (STAR): This esports-centric, multiplayer third-person space shooter game is making waves with its dynamic and competitive gameplay. Cyclop sees this as a revolutionary blend of gaming and blockchain technology, offering intense gaming emotions and a new avenue for esports within the crypto realm. #4 Heroes of Mavia (MAVIA): A blockchain strategy game that allows players to build bases, engage in battles for cryptocurrency rewards, and form partnerships with landowners. Cyclop highlights its potential in the play-to-earn space, marking it as a standout project. #5 VoluMint (VMINT): This project introduces a decentralized, AI-driven market-making service, aiming to redefine market-making in the era of blockchain. Cyclop is bullish on its ability to unlock the potential of crypto projects, emphasizing its innovative approach. #6 SatoshiVM (SAVM): As a decentralized Bitcoin ZK Rollup Layer 2 solution, SatoshiVM bridges the gap between Bitcoin and Ethereum’s EVM, using BTC as gas. This project aims to combine the value and security of Bitcoin with the programmability of Ethereum, creating a powerful ecosystem for decentralized applications. Cyclop notes, “SAVM’s unique positioning as a bridge between BTC and EVM ecosystems presents a groundbreaking opportunity for growth.” Related Reading: STX Brushes Off Sluggish Crypto Market As It Shoots Up By 30% #7 Graphlinq Chain (GLQ): Offering a no-code interface for automating blockchain tasks, Graphlinq Chain simplifies the creation and deployment of blockchain automations. Its suite of tools, including an IDE, App, Engine, and Marketplace, is designed to make blockchain automation accessible to a wider audience. “GraphLinq Protocol demystifies blockchain automation, paving the way for innovative applications and efficiencies,” Cyclop remarks. #8 zKML (ZKML): This project addresses the pressing need for privacy in digital transactions and communications. By combining zero-knowledge proofs, homomorphic encryption, and multi-party computation (MPC), zKML offers a secure and private framework for blockchain interactions. “ZKML’s focus on privacy-enhancing technologies is timely and critical, offering a secure haven for digital transactions,” observes Cyclop. #9 Monai (MONAI): Monai stands out for its development of uncensored generative AI tools, integrated with its blockchain, Monad. It features an advanced, unrestricted Large Language Model as its flagship product, aiming to revolutionize the way we interact with AI. “Monai’s pioneering approach to generative AI within the blockchain space is a game-changer, offering unparalleled possibilities,” Cyclop asserts. #10 EMC Protocol (EMC): Dedicated to AI applications, EMC Protocol is a blockchain network that includes a computing power consensus mechanism. It aims to facilitate the execution of AI tasks within a decentralized framework, including validator, smart router, and computing power nodes. “EMC’s innovative approach to integrating AI and blockchain could redefine the landscape of decentralized applications,” Cyclop concludes. At press time, cyclop’s top pick – BALLZ – traded at $0.04231, down almost 50% from its alltime-high. Featured image from Shutterstock, chart from TradingView.com

On Monday, bitcoin’s value soared back to the $70,000 mark after a decline to just under $60,000 the previous week. Over the last 24 hours, its value against the U.S. dollar has increased by 7%, reaching a peak of $70,645 for each unit. Bitcoin’s Swift Comeback For the first time since March 14, 2024, bitcoin […]

Cryptocurrency expert and analyst Doctor Profit has identified regions that are vital for Bitcoin (BTC) presently, which could possibly propel the crypto asset’s price to unprecedented heights at a very fast pace. For the most part, the cryptocurrency community is concerned about the way that Bitcoin’s price has performed during the last week. Nonetheless, Doctor Profit’s latest weekly update on the crypto market and Bitcoin has provided optimism for investors within the crypto space. Bitcoin For A Massive Leg Up To $100,000 In his analysis, Doctor Profit explores the Life Cycle Assessment (LCA), psychological analysis, and technical analysis (TA) of Bitcoin’s recent performance.  Drawing attention to the previous Sunday report, the analyst predicted a sideways movement for Bitcoin in the longer term. However, the largest cryptocurrency asset is currently moving in the indicated sideways region, as he points out. Related Reading: Bitcoin ‘Real Pump’ Nears New All-Time Highs, Analyst Says The expert claims that some people are unable to see the wider picture playing out within the sideways movement. Due to this, they fail to understand that price fluctuations in the 20% range are normal and even beneficial for moves in big market caps.  Thus, Bitcoin is preparing for its next big move, which will push prices over $80,000 and hit $100,000 at high speed. He noted that this bullish sideways movement is referred to as an accumulation area in trading terminology.  During this stage, a convergence of profit-taking, incoming investment, and undecided money, practically leads to a mid-term consolidation. Consequently, he is bullish about the sideways trend and anticipates a looming upward surge.  Furthermore, Doctor Profit underscored the significance of Bitcoin’s recent breakout above its previous all-time high (ATH) of $69,000, and the necessity of exercising patience as the coin consolidates close to its peak level. He stated: What many fail to understand is that Bitcoin just broke through its all-time high (ATH) in the last few weeks and is now slowly building support near the ATH region. People don’t realize that this is a process that takes weeks. Doctor Profit asserts that before continuing to rise and entering the super cycle, the market would spend weeks in the area of the Golden Bull. “After confirmation at $72,500, it won’t be long until BTC rises beyond $70,000 and enters the super cycle,” he added. Recent Retest Pattern Aligns With Past Trends Doctor Profit seems to be pleased with Bitcoin retesting its previous ATH level in the $60,000 range. He highlights the potential of Bitcoin and the slow transformation of the $60,000 resistance level into a solid support point, paving the way for the upcoming super cycle similar to other ATH breakouts. Related Reading: Bitcoin Pre-Halving Dip Expected: Will BTC Rally Before US Fed Decision? “Bitcoin now appears mature enough to withstand this pressure at $60,000 and maintain its above-average price without any difficulty,” he stated. Despite ongoing corrections, the analyst has urged investors to be confident, citing the Bitcoin Halving as a catalyst for an impending upward surge. Featured image from iStock, chart from Tradingview.com

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