Thursday, August 14, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Top 3 Cryptocurrencies to Watch This Weekend

Simon Osuji by Simon Osuji
December 15, 2023
in Business
0
Top 3 Cryptocurrencies to Watch This Weekend
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The crypto market saw increased volatility, with Bitcoin (BTC) taking the lead. Ethereum (ETH) and Ripple (XRP) also displayed strength in response to heightened market activity. This surge in market movements was instigated by the release of the Federal Open Market Committee (FOMC) minutes. The Federal Reserve Chair Jerome Powell hinted at the potential for more rate cuts than initially expected. The 1-year interest rate outlook decreased from 5.1% to 4.6%, prompting shifts across the cryptocurrency landscape.

Top 3 Crypto to Watch This Weekend Amidst Market Volatility

Cardano (ADA): Notable Performance

Cardano has distinguished itself as a top-performing cryptocurrency among the top ten, boasting a significant 18% gain. As of the latest update, Cardano (ADA) is valued at $0.66, with a substantial market cap of $23.1 billion. What sets Cardano apart is its adeptness at absorbing selling pressure, resulting in an impressive 47% weekly gain. Throughout December, the crypto has consistently outpaced its counterparts, showcasing gains exceeding 65%.

Remarkably, whales have actively engaged in the Cardano network. ADA experienced a surge in substantial transactions, surpassing $1.5 billion in the last 24 hours, according to insights from on-chain analytics platform IntoTheBlock.

Also Read: Cardano (ADA) Forecasted to Rally 6000%, Hit $33: Here’s When

Solana (SOL): Steady Uptrend and Positive Sentiment

Positive sentiment has propelled Solana’s price to briefly touch $74, marking its highest point since May 2022. Despite a slight retraction, the crypto continues to trade above $70 at press time. It further indicated a daily rise of 10%. Santiment attributes the increase in positive sentiment to a series of airdrops planned by new projects on the Solana network.

Source

BONK: Coinbase Listing Sparks Rally

The Solana-based meme coin BONK experienced an impressive 40% surge in the past 24 hours following Coinbase’s announcement of listing the token. This development positions BONK as the third-largest meme crypto on the platform, following in the footsteps of Dogecoin (DOGE) and Shiba Inu (SHIB). Subsequent to the announcement, BONK traded at $0.000014 on Thursday morning, accompanied by a substantial trading volume exceeding $235 million.

In the past, Coinbase listings have frequently led to short-term price increases for listed tokens, imparting a sense of legitimacy and confidence in the selected projects. The addition of the crypto contributes to the excitement in the meme coin space, as traders eagerly anticipate the impact of Coinbase’s selective listing on its value over the weekend. Investors are advised to stay vigilant and closely monitor these top-performing cryptocurrencies, considering the ongoing market responses to external factors and events.

Also Read: Solana-Based Memecoin BONK Hits All-time High, Rallies 648%

Related posts

Egypt issues a stern warning to Ethiopia, promising to take action under international law

Egypt issues a stern warning to Ethiopia, promising to take action under international law

August 13, 2025
Shiba Inu Price Target Surges as Shibarium Hits $1.5B

Shiba Inu Price Target Surges as Shibarium Hits $1.5B

August 13, 2025

Source link

Previous Post

‘For All Mankind’ Deserves 7 Seasons

Next Post

The cloud stock rally could help inch open the IPO window in 2024

Next Post
The cloud stock rally could help inch open the IPO window in 2024

The cloud stock rally could help inch open the IPO window in 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

SA Navy chief grateful for efficient new inshore patrol vessels, but says more are needed

SA Navy chief grateful for efficient new inshore patrol vessels, but says more are needed

2 years ago
Inside an Afro-Indian Community with Sayan Dey!

Inside an Afro-Indian Community with Sayan Dey!

2 years ago
4 steps to follow to renew resident entry permit in 48 hours

4 steps to follow to renew resident entry permit in 48 hours

2 years ago
Hydro Dams Are Struggling to Handle the World’s Intensifying Weather

Hydro Dams Are Struggling to Handle the World’s Intensifying Weather

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.