Cryptocurrencies Price Prediction: Dogecoin, Toncoin & Crypto – European Wrap 2 September

FXStreet Team FXStreet

Top 3 meme coins Dogecoin, Shiba Inu, Pepe: On-chain metrics show undervalued valuations amid rising activity

Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) prices rise slightly on Monday. The three meme coins’ on-chain activity shows a slowdown in whale activity, while DOGE, SHIB, and PEPE remain undervalued.

Traders looking for an entry into the meme coin could open a position in DOGE, SHIB, and PEPE as the assets remain undervalued.

Toncoin price is poised for rally if key support holds at the key level

Toncoin (TON) price is retesting on Monday a crucial support zone, trading broadly stable at around $5.20 in the European early session. Recent moves from large-wallet investors suggest that if Toncoin is able to hold above this key technical level, a rally for the Telegram-related token could be on the horizon.

Crypto near August bottom

Crypto market capitalisation has fallen to $2 trillion, hitting lows since 8th August and losing almost 10% over the past seven days. The decline has slowed since the second half of last week, but the downtrend persists. The Cryptocurrency Fear and Greed Index fell to 26 (fear).

Author

FXStreet Team

FXStreet

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

Legal Text

Markets move fast. We move first.

Editor's Picks