Knock Knock… Bitcoin keeps hitting resistance
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By XTRAVAGANZA · Posted
While established players like Binance held steady market share, Bitget has shown impressive growth in Q1 2024. Their derivatives market share jumped from 9% to 12% in just two months, pushing them to the number 3 spot, surpassing OKX. This surge coincides with a significant increase in their user base, reaching 25 million. The exchanges’ growth isn’t limited to market share. Their spot trading volume also saw explosive increases throughout the quarter, culminating in March’s staggering $95 billion. This impressive performance has seen Bitget overtake several competitors, solidifying their position as a leading exchange for both experienced and new crypto traders. -
By CryptoSaint · Posted
SOL is on the move! Keep your eyes peeled as it approaches key resistance at $148.27. Further ceilings await at $148.98 and $151.86. However, a breakthrough could signal a stronger bullish phase. Support levels stand firm at $141.17, with even stronger foundations at $133.73 and $128.71. These are critical in case of any selling pressure, offering potential buying opportunities on dips. Feeling bullish? Traders might consider long entries on pullbacks to major support levels, with stop-loss orders placed below $133.73 to manage risk. If SOL struggles, short positions could be in play with targets set at subsequent support levels. -
In last couple of years, there has been debate over the top memecoin investment with centre of discussion around DOGE, SHIB, FLOKI, PEPE and a host of others. Personally, I feel comparing any contender to DOGE feels akin to comparing altcoins to BTC. DOGE, being the pioneer memecoin, boasts an impressive $22 billion market cap, towering over its closest competitor, SHIB, with a $13 billion market cap. Its unique endorsement by Elon Musk further solidifies its position. The fervent backing from its vast online and offline community serves as a blueprint for other memecoins to follow. Thus, it's no surprise that DOGE emerged victorious in a recent Bitget poll, where enthusiasts competed to showcase their community's strength in honor of DOGE DAY 2024. With DOGE predictably clinching the win, ten fortunate participants stand to each receive $300 worth of DOGE through the event's gleam completion. Let's seize this opportunity to bolster our crypto portfolios.
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