XRP Price Prediction: Analysts Say God Candle Will Push Price Up to $57 Cryptocurrency analyst Amonyx has made an extremely optimistic price prediction for XRP, predicting that the CryptocurrencyToken may reach double digits at some point. Despite the conclusion of the case between Ripple and the U.S. Securities and Exchange Commission (SEC), XRP's performance remains poor. Crypto analyst Amonyx mentioned in a post on X (formerly Twitter) that a huge god candle is loading, which will push the price of XRP to $57. According to the chart shared by the analyst, Crypto Assets will rise to this price level at some point next year, possibly at the peak of this market cycle. The analyst failed to provide any insights as to what caused XRP to reach such ambitious price targets. However, a recent post by the analyst suggests that the potential launch of Spot XRP ETF could propel this encryptionToken to unprecedented heights. Spot XRP ETF is a catalyst mentioned by other cryptocurrency analysts (such as Common Sense Crypto), explaining why the price of XRP may even reach three digits. XRP ETF will undoubtedly lead to new funds flowing into the XRP ecosystem, causing the price to soar. However, it is still uncertain whether such a fund can push XRP to such a high level. After the recent settlement between Ripple and the SEC, the possibility of launching a Spot XRP ETF seems higher. However, members of the XRP community may have overly high hopes for the launch of such funds and their impact on the XRP price, especially after seeing the performance of Token after the end of the lawsuit. The resolution of the case between Ripple and the SEC is expected to act as a catalyst, pushing XRP to $1 in the short term. However, XRP has not shown signs of reaching this price level in the short term, as it has failed to break the 0.6 dollar resistance level even after Judge Analisa Torres' recent ruling. Cryptocurrency analyst Javon Marks has made a more optimistic prediction for XRP's price, stating that a bullish breakthrough based on the logarithmic tracking indicator could push the CryptocurrencyToken to $263. The analyst added that this bullish breakthrough is entirely possible and pointed out that XRP is approaching a convergence point of '7-year consolidation/pattern development'. He added that the cryptocurrency also shows multiple bullish signals, indicating that this bullish breakthrough may occur at some point. According to the data, at the time of writing this article, the trading price of XRP is about $0.56, which has dropped by more than 2% in the past 24 hours. (Data Source: Scott Matherson)

Dogwifhat (WIF) pump 21%, analysts expect its stock price to be 4.5 US dollars Dogwifhat (WIF), wearing a knitted hat, has once again become the focus of attention in the world of cryptocurrency. After a price big dump in April, WIF has reignited its meme magic and skyrocketed 21% in the past week, reigniting the dream of a $5 target price. A combination of factors has contributed to this rise. The renewed interest of spot and derivatives market traders has driven WIF's daily trading volume to an astonishing $507 million. The surge in liquidity indicates that the market is eager to rejoin the Dogwifhat trend. This feast has also extended to the derivatives sector, with a surge in trading volume of 53.9%. The indicator of leveraged holdings - open interest (OI) has also shown a healthy growth of 25%, indicating that traders are placing heavy bets on the future of WIF. It's like dogs being let out after a long nap. The suppressed demand for WIF has finally been released and is triggering a frenzy of buying. Can this dog-themed meme coin sustain its upward trend? Maybe it can. Maybe it can't. Given the recent hype around WIF, analysts are busy adjusting their price targets. Popular cryptocurrency forecasting companies have revised their forecast to a conservative $4.50 for WIF in the next bull market. However, some analysts have even bolder predictions. A cryptocurrency prophet who accurately predicted the bottom of WIF in June is now setting a target price in the double digits. Bluntz cites the technical analysis tool Elliott Waves and believes that WIF is poised for a significant pump. Analysts say that the recent uptick is the market's first impulsive pump in several months, and could be the beginning of Dogwifhat's truly epic journey. While technical indicators and charts paint an optimistic picture, it is crucial to remember the core and soul of Dogwifhat: its vibrant community. Behind WIF, an enthusiastic army continues to maintain the relevance of meme coins by constantly releasing funny dog-themed internet memes and community airdrops. This unwavering support has created a powerful force that cannot be ignored in the often whimsical world of meme coins. Meanwhile, according to the data, the forecast for Dogwifhat (DWFH) is very bullish, with a projected price increase of 223% by July 31, 2024, reaching $7.30. Market sentiment and technical indicators support this bullish outlook. The current market sentiment is bullish, reflecting optimism in the short-term outlook, while the fear and greed index is 53, indicating a neutral market environment. This neutrality suggests market stability, with market participants awaiting further signals. In the past month, Dogwifhat's performance has been mixed, with a 37% increase. The price has moved in a positive direction for 11 days out of the 30 days, with a high volatility of 22.27%. This high volatility indicates that the price fluctuates greatly, which is attractive to short-term traders but poses risks to long-term investors. (Data Source: Christian Encila)

Toncoin (TON) has daily active users surpassing Ethereum, driving a price prediction of $10. The native token of the Open Network, Toncoin (TON), has dropped by 12% in the past week, following the overall market adjustment led by Bitcoin (BTC) from its recent all-time high of $7.76. However, despite the temporary setback, the optimistic sentiment surrounding TON and its network has led cryptocurrency analysts to speculate that this stagnant upward trend may continue, with some even predicting that the TON price will break current record levels and reach double digits. Crypto analysis firm has made an interesting observation that the daily active addresses of TON have surpassed Ethereum (ETH) for the first time. The surge in activity is attributed to Telegram's massive user base of 900 million behind TON's social media platform. Delphi Digital realizes that TON's success is dependent on leveraging Telegram's distribution capabilities. In a recent social media post, a renowned analyst known as the 'King of Cryptocurrency' and decentralized finance (DeFi) recommended that newcomers explore TON, emphasizing its ultra-fast and user-friendly blockchain infrastructure. The analyst also emphasized the credibility of the TON development team, which is the same team behind Telegram. Crypto King believes that the price of TON may soar significantly and reach $10 in the coming weeks. Market expert Alex Clay also holds a similar view, pointing out that despite the market downturn, TON maintains a bullish structure and is expected to achieve double-digit growth. Clay suggests that TON could reach $10, with short-term target prices possibly at $10.5 and $11.6. Clay also mentioned the presence of a daily cup handle pattern, which further enhances the optimistic outlook for TON. Token Terminal data reveals key indicators that suggest a long-term bullish outlook for the TON blockchain. Over the past 30 days, the fully diluted market capitalization has grown by 3.6%. However, the token's volume has declined by 11.6% during the same period. On the other hand, the number of token holders has increased by 76.3%. In terms of revenue and expenses, there has been a positive growth of 26.0% each in the past 30 days. Interestingly, the active user base of the TON network has grown by 245.1%, with approximately 5.42 million monthly active users. Despite positive growth in all indicators over the past 30 days, the price of Toncoin has fallen by 3% during the same period, resulting in the current trading price of $6.82. In the short term, bullish investors need to closely monitor the recent support level of $6.80 to effectively prevent further token decline. On the other hand, the recent resistance level is $7.53, which is the last obstacle Toncoin may retest before reaching its historical high. (Data Source: Ronaldo Marquez)

On June 6, Jinshi Data reported that the World Semiconductor Trade Statistics Organization (WSTS) announced an upward revision of this year's global semiconductor output forecast, estimating a 16% annual increase, and optimistic about the 12.5% continuous growth in the storage and logic industry driving output in 2025. WSTS raised its spring 2024 forecast, with the market estimated at $611 billion in 2024. Two categories of integrated circuits will drive this year's growth, with double-digit increases: logic growing by 10.7% and storage growing by 76.8%. In contrast, other categories such as discrete components, optoelectronic components, sensors, and analog semiconductors are expected to decline by single digits.

On June 3, according to Javier Blas, a well-known oil and gas analyst, OPEC+ seemingly extended its complicated cumulative production cut measures until 2025. However, there are some differences in the details of the agreement upon careful reading. OPEC+ will be able to release more supply to the market starting from October and will see a significant increase next year. According to the path disclosed by Saudi officials, OPEC+ production will increase by over 500,000 barrels per day by December and by around 1.8 million barrels per day by mid-2025. Although OPEC+ stated that the production increase will depend on market conditions, the current agreement is just an expression of intention. However, the organization is conveying a message of desire for production increase, which will have an impact on market sentiment. OPEC+'s pursuit of oil prices has transitioned from three digits to two digits. Giving up the pursuit of triple-digit oil prices is not a mistake. Increasing production now may be advantageous: short-term pain can be exchanged for long-term benefits.

Golden Finance reported that the number of new accounts opened by Victory Securities in April and May was three times that of March. In addition, the proportion of virtual asset turnover in Victory Securities has reached double digits this year. By the end of this year, revenue related to virtual assets is expected to account for a quarter of the entire Victory Securities. Victory Securities is currently applying for a virtual asset exchange license, and its Security Token Offering (STO) business is expected to debut by the end of the year at the earliest.

According to data from the Ministry of Industry and Information Technology on May 21, telecom business revenue has grown steadily, and the total growth rate of telecom business has remained in double digits. From January to April, the total revenue of telecom business reached 592.4 billion yuan, a year-on-year increase of 4%. The total volume of telecom business calculated at the same price as last year increased by 12.5% year-on-year.

Golden Finance reported that according to the on-chain analyst Yu Jin's monitoring, 25 minutes ago, a group of scammers successfully phished 1155 WBTC through a wallet address with the same first and last digits, using 0x20c.

The driving force behind the rise in gold prices has changed. What could be the factor that will "boost" the gold price next? Geopolitical risks are still significant, and oil prices may still soar to three digits. The USD/JPY pair is likely to test the 160 level again soon.

In March 2024, the wholesale volume of passenger cars reached 2.195 million units, with double-digit growth both year-on-year and month-on-month. After the Spring Festival, consumer spending has recovered, and the price war among car companies has quickly heated up, resulting in a significant wait-and-see attitude among consumers. In addition, there is attention towards some new cars and expectations for the policy of replacing old cars with new ones. The car market this month has shown a slow start, with an overall increase in market heat by 0.1 percentage points. Overall, the overall market's product competitiveness increased by 1.5 percentage points month-on-month.

According to Lookonchain's data, a cryptocurrency trader found himself in a precarious situation after hastily trading two newly launched tokens. The prices of these two tokens skyrocketed by double digits but then experienced a decline. The trader's strategy exhibited typical "fear of missing out" (FOMO) behavior, resulting in 6 losses and a total loss of 125.52 SOL, which is equivalent to over $20,000 based on the current Solana price. Lookonchain sees this analysis as a teachable moment, reminding investors of the dangers of impulsive trading during market frenzy.

WIF fell by 12% in the past 24 hours - How do traders interpret all of this? Due to the prevailing bearish sentiment in the market over the past 24 hours, the price of DogWIFhat [WIF], a meme coin based on Solana, has dropped by double digits. According to CoinMarketCap, it is now one of the biggest losers in the market during this period. At the time of writing, the value of this altcoin is $2.69, depreciating by 12% in the past 24 hours. During the same period, the daily trading volume also decreased by 38%. WIF traders are starting to lose bullish confidence. Evaluating the market activity of WIF shows that negative sentiment has increased in the past few days. In fact, according to Santiment's data, the weighted sentiment of this meme coin is -0.546. The negative value of this indicator indicates that bearish sentiment outweighs bullish sentiment among WIF market participants. Confirming this bearish trend, the funding rate of WIF is also negative. According to Coinglass, the funding rate for this token in cryptocurrency exchanges is -0.0009%. This is the second time the funding rate of this token has been negative since February 8. The funding rate is a mechanism used in perpetual futures contracts to ensure that the contract price is close to the spot price. When the funding rate of an asset is positive, the contract price is higher than the spot price, and traders holding long positions pay fees to traders shorting the asset. Conversely, when the contract price is lower than the spot price, the funding rate becomes negative, and short traders pay fees to traders holding long positions. When the funding rate of an asset is negative like this, more traders hold short positions. This means that more traders anticipate a price drop in the asset rather than buying it in the hope of selling at a higher price. In addition to the negative funding rate, the open interest of WIF futures has also steadily declined since April 9. According to the data at the time of writing, its value is $302.45 million, a decrease of 41%. Due to the continuous decline in the price of WIF, there have been more forced liquidations of long positions than short positions in the past week. In fact, as of April 26, the total value of forced liquidations for long positions is $1.7 million, while for short positions, it is only $1 million.

On April 27, Jinshi Data reported that MediaTek CEO Cai Lixing stated that the revenue of each product category of MediaTek this year will grow compared to the previous year, with the growth of mobile phone revenue higher than other categories. This is because of the strong market share expansion in the flagship smartphone market, coupled with the higher average unit price of flagship smartphone chips. MediaTek is confident that its annual mobile phone revenue growth will be higher than double digits, and the revenue of flagship smartphone chips is expected to grow by more than 50%. The first quarter exceeded the operating target range, mainly due to better-than-expected demand for replenishing inventory from mobile phone, broadband, and TV customers.

coin Frontier.com reports: The price of Wormhole's W-Token has soared in the past 24 hours, reaching a pump of 14.07% to $0.6154. This brings W's market capitalization to $1,107,632,132, placing it in 76th place in the Crypto Assets rankings. The volume also increased by a significant 181.75% to $295,402,125, taking 27th place. The key factors behind this price action are Wormhole's announced plans for Native Token Transfers (NTT) and longest chain support for W Token. With the widespread adoption of W and the enhancement of its features, its value and adoption rate may be further increased in the future.

Tracking the next move of the Shiba Inu after Bitcoin Halving, the immediate target of the SHIB could be $0.00003 Pumping or falling BTC prices will have a greater impact on the Crypto Assets market, as altcoins usually follow BTC. Shiba Inu [SHIB], one of the top memecoins, may also be affected by this incident. The past few weeks have not been in the best interest of investors, as the value of the memecoin has fallen by double digits. However, the situation has changed over the past few days as the price of SHIB has pumped. According to the data, the price of the Token has soared by 18% in the last 24 hours. At press time, it was trading at $0.00002736 and had a market capitalization of more than $16 billion. Sudden price changes cause the price Volatility of the Token to rise sharply by 1w. As can be seen from the decline in the weighted sentiment index on April 17, the market sentiment of SHIB turned negative. The falls indicate an increase in the falling sentiment around the memecoin. Its social volume has also decreased slightly in the past few days. Although the Shiba Inu price falls on April 15, investors took the opportunity to buy the dips. Analysis of on-chain data shows that the supply of SHIB on exchanges has dropped significantly. At the same time, the supply outside the exchanges increased last week, indicating that there is more buying pressure on SHIB. In addition, SHIB remains a favorite of whales. According to the data, SHIB was the volume largest Token among the 100 Ethereum[ETH] Whale before April 18. However, despite the largest volume, the total amount of SHIB holdings held by Whales has not changed much, as can be seen from the supply held by top-tier Addresses. High buying pressure on SHIB could quickly turn the Token bullish. AMBCrypto examines its liquidation heatmap to see where SHIB could be targeted if Bull Market Rebound occurs. Heading north, since the memecoin has already touched $0.000027, the immediate target for SHIB could be $0.00003. IF IT MANAGES TO BREAK ABOVE THIS LEVEL, SHIB COULD HIT $0.000035 BEFORE THE PRICE CORRECTION. However, if the situation turns falling, the price of SHIB could fall to support levels near $0.000021 or $0.000017. The weekly chart of SHIB was then analysed to look for more ambitious targets when things turn positive after BTC Halving. Bull Market Rebound in the coming days could see SHIB hit March 2024 highs. Further north, the memecoin's next target could be $0.000045, which could be reached before breaking through all-time highs in the coming months. (Source: Dipayan Mitra)

"Odaily Planet Daily News: Jigsaw, a DeFi project focusing on dynamic collateral, recently announced the completion of a new round of financing on the X platform. Tempo, Manifold, Rarestone Ventures, Space Whale Capital, Duplicate Capital, Pastel Alpha, Perridon Ventures, Digits Ventures, and DCD participated in the investment, but the specific amount of financing has not been disclosed."