Author: AltCoinDrops.com

After a terrible start to its launch back in July this year, the PUMP token has finally found its spark, managing to lead the recent market recovery. The Pump.Fun native token rose by over 140% over the last month, featuring prominently at the top of the gainers’ list during this time. A slowdown has since rocked the altcoin after this, but it may not be the end of the story. Pump.Fun Surpasses Hyperliquid In Daily Revenue In an interesting turn of events, Pump.Fun, the native platform behind the PUMP token, has overtaken Hyperliquid in terms of daily revenue. Hyperliquid, an…

Bitcoin has observed a recovery surge toward $117,000 as on-chain data shows Binance users have been making consistent withdrawals recently. Binance Bitcoin Netflow Has Been Negative Recently As pointed out by CryptoQuant community analyst Maartunn in a Quicktake post, BTC has been flowing out of Binance recently. The on-chain indicator of relevance here is the “Exchange Netflow,” which keeps track of the net amount of Bitcoin that’s entering into or exiting out of the wallets connected to a given centralized exchange. When the value of this metric is positive, it means the inflows are overwhelming the outflows on the platform.…

Shiba Inu continues to struggle with downside pressure but appears bullishly positioned amid fresh chatter around a potential exchange-traded fund and the Federal Reserve’s interest rate decision. Summary Shiba Inu price hovered around $0.00001306 as bulls attempted to mirror gains across crypto. Excitement around exchange-traded funds and Fed’s rate cut could be key catalysts. Price is also above the level seen during that dip to a low of $0.00001170 last week. However, a 12% decrease in trading volume to $177 million suggests indecisiveness for bulls and bears.  Shiba Inu poised above $0.000013 After a volatile swing to lows of $0.00001295,…

Kraken, the cryptocurrency exchange preparing for a potential public listing in the U.S. early next year, has seen the departure of four senior executives from the institutional side of the business, according to a person familiar with the matter.Those who have recently left Kraken are: David Olsson, global head of institutional sales; Shannon Kurtas, head of exchanges and a VP of product and the Pro service; Jeff K, a director of OTC trading and Sanjay K, OTC trading lead for Americas, the person said, who declined to be identified.Kraken declined to comment on the departures, none of whom immediately responded…

Bitmine chairman Tom Lee has predicted that Ethereum has significant upside potential from its current price. Here’s how high it can go by 2035. Since joining Bitmine Immersion Technologies, the largest Ethereum treasury company by holding, Lee has relentlessly pushed the bullish Ethereum narrative. He believes that the Ether ecosystem would benefit immensely from the developing trends in the financial market, predicting ambitious price targets for the altcoin leader. Ethereum Supercycle: Here’s the Possible Target In a recent commentary, Austin Arnold, the founder of Altcoin Daily, highlighted Lee’s bullish Ethereum outlook, predicting where the digital currency could end up over…

Wormhole has moved beyond its distribution phase, initiating a new strategy. By allocating on-chain and off-chain protocol revenue to a dedicated treasury, the cross-chain protocol is creating a direct link between its commercial success and the value of its native token, W. Summary Wormhole launched W 2.0 tokenomics with a new strategic reserve funded by protocol revenue. The upgrade introduces a 4% base yield for governance stakers and smoother bi-weekly token unlocks. The reserve ties W’s value directly to ecosystem growth, while changes aim to reduce market shocks and strengthen long-term alignment. According to an announcement on September 17, the…

Sharps Technology has announced plans to stake a portion of its treasury in BONK. This has led to bullish projections from experts, as a crypto analyst projects a parabolic rally for the token. Sharps Technology To Stake SOL Holdings In BONK In a recent press release, Sharps Technology announced it will allocate a portion of its recently acquired 2 million SOL into BonkSOL, BONK’s liquid staking token (LST). The initiative would be funded by a private investment deal led by Cantor Fitzgerald & Co.  This is designed to generate staking yields while supporting liquidity within the meme coin and Solana…

MYX Finance price went parabolic again as the recent short-squeeze resumed. However, the formation of a double-top pattern and the funding rate point to an eventual crash in the coming days. Summary MYX Finance price surged again on Wednesday. The funding rate plummeted, pointing to more downside in the near term. It has formed a double-top pattern on the daily chart. MYX Finance (MYX) came in the spotlight earlier this month as it jumped from $1 to nearly $20 within a days. This surge pushed the token’s fully diluted valuation to over $20 billion. Some cryptocurrency analysts noted that the…

A popular analyst has predicted that Bitcoin, Ethereum, and the crypto market could crash after the Federal Reserve starts cutting interest rates on Wednesday.  Summary Bitcoin and Ethereum prices may crash after the FOMC decision. An analyst believes that the rate cut has already been priced in. He expects the coins to rebound after the initial crash. Top expert predicts Bitcoin and Ethereum prices to cash In an X post, Ash Crypto, a popular pundit with over 2 million followers, predicted that the Bitcoin (BTC) price will crash towards $100,000. He expects Ethereum (ETH) to plunge from $4,500 to $3,800…

Pi Coin is struggling to register any bullish momentum, and all indicators suggest this might continue into the foreseeable future. Since its launch, the Pi Network price has crashed by about 88%, which has left many early supporters and holders worried about its future. Recent market data shows that the decline can be attributed to massive token unlocks and weak liquidity on crypto exchanges. Furthermore, new developments show that unless market dynamics improve, Pi Network may face even more declines in the coming months. Heavy Selling Pressure Pi Due To Token Unlocks Pi’s price action has been full of downtrends,…