COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Cryptocurrency Market Trends: Bitcoin Climbs, Meme Coins Break Out, and Blockchain Gaming Tokens Face Sell-Off
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > Cryptocurrency Market Trends: Bitcoin Climbs, Meme Coins Break Out, and Blockchain Gaming Tokens Face Sell-Off
Altcoin News

Cryptocurrency Market Trends: Bitcoin Climbs, Meme Coins Break Out, and Blockchain Gaming Tokens Face Sell-Off

In Brief

  • Bitcoin price closes above $72,000 for the first time.

  • Shiba Coin shows signs of breaking out after a long lull.

  • GALA Coin holds support, but faces potential sell-off pressure.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

Bitcoin price has closed above $72,000 for the first time and is currently trading at $72,300. In the last 24 hours, BTC reached as high as $72,800, thus bolstering the rise of altcoins. Notably, the ongoing altcoin rallies have started to take a pause for some profit-taking.

Contents
The Future of Shiba CoinThe Future of PEPE CoinThe Future of GALA Coin

The Future of Shiba Coin

As one of the largest meme coins by market value, Shiba Coin finally breaks upward after a prolonged period of stagnation. With a daily increase of about 5%, the price seems eager to reach higher levels.

Shiba Coin peaked at $0.000045 during the week of March 4, creating a long upper wick as investors took profits. However, its refusal to drop below $0.0000306 reflects investors’ appetite for further increases. If the price continues to linger in the current range, it could reach the ATH region after surpassing the $0.0000477 and $0.0000591 peaks.

The peak for Shiba Inu (SHIB) on the Binance exchange is at $0.0000885. However, Shibarium data is not supportive for SHIB. Daily active users nearly reached 2,000 on March 4 but dropped below 150 yesterday. Despite last year’s excitement, Shiba’s layer2 solution is underperforming on its most crucial days.

The Future of PEPE Coin

Launched during a bear market, PEPE Coin quickly reached a volume of over $1 billion. Even today, this volume equates to around $20 billion, marking a strong start for PEPE Coin.

In three weeks, it surged by 639%, pushing its all-time high even higher. Elon Musk‘s response to a PEPE-themed post hints at future speculative growth potential. Despite profit-taking, there’s no significant loss. As long as the $0.0000085 region is maintained, the price could move to $0.00000994 to drop another zero. Beyond that, it will seek peaks above $0.00001.

The Future of GALA Coin

Blockchain-based gaming offers one of the strongest alternatives. It could become the Web3 world’s Epic Games, but there’s still a long way to go. It was one of the fastest-growing altcoins recently, but now it’s facing sell-off pressures.

GALA Coin is currently holding above the $0.07 support level, and if it surpasses $0.0867, it could reach $0.1. However, if the sell-offs continue, it could potentially drop back to $0.043.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

South Korean Crypto Enthusiasts Lead the Charge with XRP and Dogecoin Trades

Rug Pull Schemes Drain Investors: Solana Altcoin Projects Collapse

See BNB Surge as Crypto Factors Align!

Seize Opportunities in the Crypto Market with Strategic Investment Approaches

Bitcoin Drives Altcoins to New Heights: Market Surge Analysis

COINTURK NEWS 12 March, 2024 - 3:42 am 12 March, 2024 - 3:42 am
Share This Article
Facebook Twitter
Share
Previous Article Insights on the Rising Appetite for Cryptocurrencies and AVAX Price Movements
Next Article Bitcoin Analyst Shocks with Prediction: $20,000 Price Possible
Leave a comment

Leave a Reply Cancel reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

South Korean Crypto Enthusiasts Lead the Charge with XRP and Dogecoin Trades
Altcoin News
Coinbase Chooses Conservative Strategy Over Bold Bitcoin Investments
Coinbase
Bitcoin Surges Towards New Heights as Market Dynamics Shift
Bitcoin (BTC)
Ethereum Price Surge Thrills Millions as Profit Threshold Nears!
Ethereum (ETH)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?