Cardano dropped 10.23% intraday to $0.82, becoming the second-worst performer among top cryptocurrencies as traders took profits following ADA’s recent climb to four-month highs at $0.93.
Dogecoin rallied 7% to $0.28 following Bit Origin’s disclosure of purchasing 40.5 million DOGE tokens at $0.2466 average cost as part of its new Treasury Strategy backed by $500 million capital facility.
Cardano’s ADA token jumped to a four-month high of $0.92 following founder Charles Hoskinson’s announcement of an independent treasury audit to address fraud allegations involving 318 million ADA tokens.
Cardano extended its bullish momentum on Thursday, gaining 5.98% to close at $0.8101 while breaking above the critical 200-day moving average for the first time since March.
Shiba Inu climbed 2% to $0.000014, its highest level since May, driven by Ethereum’s 16% weekly surge. On-chain data shows average transaction size increased 350% in ten days, indicating growing trader confidence and larger bet sizes.
Pengu token rallied 70% over three days to reach $0.023 as Bitcoin’s breakthrough above $118,000 sparked massive capital rotation into Solana memecoins, with the sector now valued at over $12.8 billion amid heightened risk appetite.
Litecoin price jumped to $92.87 following Bitcoin’s rally above $113,000, with on-chain data revealing an 88% correlation between the two cryptocurrencies over the past month.
Bitcoin surges past $113,700 to new all-time highs amid macro optimism and Trump’s rate cut calls. Massive short liquidations of $579M signal strong bullish momentum as price discovery continues toward $120,000 target.
BNB Chain’s 32nd quarterly burn removes $1 billion worth of tokens from circulation, driving price surge above $670. Derivatives markets show renewed capital inflows as bulls target the $700 resistance zone.
Dogecoin trades at $0.1758 after breaking $0.17 psychological resistance, forming a triple bottom pattern with $0.40 breakout potential. Open interest surged $130 million as long/short ratios favor bullish continuation across major exchanges.
Hedera’s HBAR token gained over 5% following Grayscale’s inclusion in its Smart Contract Platform Fund, representing 5.8% of the portfolio. Technical analysis suggests potential for further gains to $0.28 if key resistance levels are breached.
The Cardano Foundation unveiled Reeve, an enterprise-grade financial reporting tool for ESG institutions and public agencies to publish auditable records on-chain.
Litecoin jumped 8% in 48 hours, reaching $92 for the first time since mid-June amid renewed whale accumulation and altcoin strength. Technical indicators show a Golden Cross formation suggesting further upside potential.
Tron climbed to a 20-day high of $0.29 on Thursday, outperforming major cryptocurrencies as stablecoin deposits on the network exceeded $80 billion for the first time.
Bitcoin’s breakout above $110,000 has reignited interest in meme coins, with BONK and WIF leading technical rallies through key resistance levels.