Altcoin
EIGEN, PEPE, & SUI Markets To Rally on This Binance Announcement?
Binance cryptocurrency exchange has announced the introduction of trading bot services for three new trading pairs: EIGEN/TRY, PEPE/FDUSD, and SUI/FDUSD. Scheduled to commence on October 11, 2024, at 08:00 UTC, these services will offer more diverse trading options on the exchange platform. More so, including these new pairs with the bot feature will significantly boost EigenLayer, Pepe Coin, and Sui prices.
Binance Launches Trading Bots for EIGEN, PEPE, and SUI Pairs
According to a recent blog post, Binance has expanded its trading bots services to include EIGEN/TRY, PEPE/FDUSD, and SUI/FDUSD trading pairs. This move is part of the platform’s broader strategy to provide users with advanced tools that support effective trading strategies. Trading bots are automated programs that execute trades according to pre-set parameters. They have become increasingly popular among traders for their efficiency and ability to capitalize on market movements without constant manual oversight.
Furthermore, the introduction of the said services enable traders to utilize systematic trading on more forms of asset. The above inclusion will help address a new market of Binance users who seek fully automated trading systems. It also goes well with the exchange’s continuous push to make improvements to its customers’ experiences while furthering its services in a growing crypto space.
Notably, the exchange revealed that the accessibility of these new trading pairs is dependent on the geographic location. Because of these restrictions, traders from the US, Canada, and Netherlands among others, will not have access to these trades. This highlights the increasing cryptocurrency trading regulations across the globe.
Impact on EIGEN, PEPE, and SUI Prices
Upon the activation of trading bots for these pairs, volumes of EIGEN, PEPE, and SUI trades are expected to rise. Such systems can be expected to produce a higher number of trades, which is useful in enhancing improved liquidity. This liquidity is essential in narrowing the market spread and presenting asset price stability which in turn would encourage more people to use Binance platform.
Subsequently, the crypto tokens Sui, Pepe Coin, and EigenLayer exhibited market fluctuations after the announcements. Sui is currently priced at $1.84 and it has achieved a weekly increase of 7.01% with a total market capitalization of $5.08 billion. Similarly, EigenLayer at $3.75 went up about 2% in the last 24 hours, with a trading volume surge to $23.430 million.
On the other hand, Pepe Coin price stands at $0.059386, experiencing a slight daily increase of 0.46%, supported by a trading volume of $739.78 million. Despite the minimal price surge, recent Pepe Coin price predictions have hinted at a potential rally to a new all-time high this month.
In addition to the current enhancements, the crypto exchange is also expanding support for other popular tokens. Recent developments have seen a significant uptick in Chiliz (CHZ) price following Binance’s increased support.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Robinhood Crypto EU, a digital assets trading platform, sparked noteworthy market optimism for the AI token Render Network on Friday. As the trading platform revealed listing for RENDER, bullish market sentiments enveloped the digital asset’s long-term prospects. Simultaneously, the AI coin’s price soared over 2% in the past 24 hours, further solidifying optimism over future movements in light of the listing announcement.
Robinhood EU Lists Render Network Igniting Bullish Market Sentiments
In an official X post dated October 11, Robinhood Crypto EU revealed that Render Network is available for trading starting today. The trading platform unveils its new batch of assets, showing that RENDER trading is now supported for EU users.
The announcement has promptly gained significant traction across the broader crypto market, paving the way for increased money inflow for the AI token. Notably, as one of the top crypto exchanges offers support to the AI coin, market watchers anticipate a bullish impact on price ahead.
Render Network is a decentralized GPU rendering platform offering users the leverage of unused computational power and the ability to rent it to other users across the ecosystem. RENDER is the ecosystem’s utility token and is used for node operator payments for GPU power renting.
AI Coin’s Price Soars
Simultaneously, RENDER price noted a remarkable 2% uptick in the past 24 hours and is currently sitting at $5.25. Its intraday low and high were recorded as $4.91 and $5.24, respectively. Today’s upswing falls in line with Robinhood’s listing announcement, as enhanced regional offerings magnetize users. This phenomenon, bringing additional buying pressure to the asset, could propel a rally to $10 ahead.
Moreover, Coinglass data pointed out a 5% increase in the AI coin’s futures OI to $60.95 million today. Also, the derivatives volume jumped nearly 8% to $79.37 million, underscoring increased investor interest in the asset. Coupled with the coin’s recent price upswing, data hints that the coin currently rides bullish waves and is on an uptrend. Altogether, market watchers anticipate further gains ahead in light of the coin’s listing. Meanwhile, it’s also worth noting that the abovementioned trading platform also listed Optimism (OP) recently, igniting bullish sentiments on the token as well.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
XRP whales nabbed significant investor attention on Friday, moving millions of coins after Ripple filed a cross-appeal against the U.S. SEC in the XRP lawsuit. Recent on-chain data suggests that nearly 81 million coins were sent to crypto exchanges over the past day, raising market concerns despite the recent filing that supports the American blockchain payments firm. Meanwhile, the payments firm’s native coin traded dominantly in the green recently, sparking contrasting sentiments among investors amid recent developments.
XRP Whales Dump 81M Coins Raising Market Concerns
According to data revealed by the blockchain tracking platform Whale Alert on October 11, XRP whales dumped 81.56 million coins to crypto exchanges despite the recent optimistic filing of a cross-appeal by Ripple. As per the data, the unknown whale address rGd..p1k moved 52 million coins, worth $27.83 million, to the crypto exchange Bybit.
Simultaneously, the address …Rzn shifted 29.56 million coins, worth $15.62 million, to Bitso. These transactions, underscoring a bearish market sentiment for the asset, raise investor speculations as Ripple contrarily bolsters its case in recent lawsuit developments. The American blockchain payments company filed a cross-appeal against the U.S. SEC regarding the final judgment in the lawsuit, CoinGape Media reported. This legal maneuver, bringing support for the firm’s native coin, contrasts with the recent whale movements that bring selling pressure.
On the other hand, cryptocurrency derivatives exchange Bitnomial sued the US SEC in another legal chronicle over the regulator’s jurisdiction over XRP futures contracts. Altogether, recent market events hint that Ripple’s native enjoys legal maneuvers in its favor.
Coin Price Rises
At press time, XRP price noted gains worth 1% over the past day and is now trading at $0.5357. The coin’s intraday low and high were recorded as $0.5239 and $0.5432, respectively. Today’s rising movement comes despite the abovementioned XRP whale dumps, mirroring optimism in light of the blockchain payments firm’s cross-appeal filing.
Further, Coinglass data indicated that the coin’s futures OI soared nearly 4% over the past day to $711.55 million. Even the derivatives volume surged 85% to $1.30 billion, underlining rising investor interest in the asset. This data has reverberated optimism for the crypto’s long-term prospects in the wake of abovementioned developments.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Dogecoin Millionaire Picks the Best Altcoins To Get Rich, RCOF Leads the Pack With Upcoming 6000% Run In 2025
People who became insanely wealthy off of tokens like Dogecoin (DOGE) are now seen bidding on the RCO Finance (RCOF) presale. Moves like this show that many seasoned crypto investors believe that RCOF is one of the best altcoins for getting rich in 2025.
Crypto experts and analysts support this sentiment and add that RCO Finance can revolutionize the crypto space, ushering in utility like we’ve never seen before.
Thus, not only does RCOF have the ability to generate massive ROI, but it also has everything to become a powerful long-term player in the market. This only adds further to its bullish thesis and to the list of reasons why experts deem this project one of the best altcoins to get rich off of in 2025.
Are Dogecoin Investors Losing Confidence?
Dogecoin is one of the most popular and memorable memecoins ever to exist, no doubt about it. However, as is typical for most large-cap memecoins, DOGE is slowly slipping on the charts, and Dogecoin investors are losing confidence and interest in the token.
The loss of confidence and interest in DOGE can be seen through the increase in high-volume Dogecoin transactions, which, coupled with a rise in exchange netflow, has signaled an increased lack of confidence in Dogecoin from DOGE holders.
Also, Dogecoin traders have suffered massive losses holding long DOGE positions, which has added even more fuel to the fire.
Analysts say that Dogecoin’s decrease in confidence and interest will continue. Many large Dogecoin investors have been seen rotating into RCO Finance to make back what they’ve lost. They also turned to this new project to repeat their gains when they caught DOGE early.
The open interest indicator by Coinglass clearly shows a decrease in interest, with interest for DOGE decreasing by 1.71% in just 24 hours. DOGE is currently trading around the $0.1078 level, marking a decrease of over 8% in the past seven days.
With confidence and interest in Dogecoin decreasing, analysts expect more dips for DOGE in the coming weeks, even months. Thus, Dogecoin is not among the best altcoins to get rich off of this year, and next.
RCOF Is One of the Best Altcoins To Get Rich in 2025, With a 6,000% Run on Its Horizon
Trading on a wide range of financial markets has never been more profitable and accessible, thanks to a new AI and ML-based financial platform called RCO Finance.
With RCO Finance, one of the best altcoins to get rich in 2025, new traders and investors can access lucrative and data-driven investment strategies, while seasoned players can improve their existing strategies and make life-changing returns.
All of this is possible via RCO Finance’s AI Robo Advisor. This advanced AI and ML technology uses your financial goals, risk tolerance, and market preference, as well as real-time and historical financial data, to create a tailored investment strategy for you.
It also digests real-time financial data from Bloomberg and Reuters to improve further and update your strategy as time passes. This ensures you’re always ready for new trends, market fluctuations, and increased volatility.
Furthermore, the Advisor allows you to have a competitive edge over other traders, as you’ll always invest in line with the newest possible data, while traditional traders need time to figure out what’s happening on the market and adjust to it. Also, RCO Finance’s Advisor removes the emotions from trading, making you even more successful.
Thus, paired with a lucrative and data-driven strategy, access to over 120,000 assets, and 1,000x leverage, you can use RCO Finance to truly make unprecedented profits.
Turning Thousands Into Millions: All Possible With RCOF
It’s no surprise that there’s a 6,000% rally on the horizon for RCOF, given the immense utility and money-making opportunities the RCO Finance platform offers. It is currently available at $0.0343 in Stage 2 of its public presale, giving an excellent opportunity to get in early and maximize your returns by simply holding the coin.
RCOF will launch at $0.4-$0.6, marking 1,600% of presale gains for Stage 2 investors. After the launch, experts say it will go on a 6,000% rally, which can turn a few thousand dollars invested into millions by 2025, making RCOF one of the best altcoins to get rich off of in the coming months.
The confidence that seasoned investors and crypto experts have in RCOF is massive. It is further backed by RCO Finance’s dedication to the project, with RCO Finance having already been audited by a leading security firm, SolidProof.
For more information about the RCO Finance Presale:
Robinhood Lists Render Network, RENDER Price To $10 Ahead?
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