TRENDING:
EUR/USD
GBP/USD
XAU/USD
Trade War
USD/CAD
AUD/USD
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Floki, Chainlink & Ethereum – American Wrap 6 November

Cryptocurrencies Price Prediction: Floki, Chainlink & Ethereum – American Wrap 6 November
FXStreet TeamFXStreet TeamFXStreet

FLOKI staking TVL explodes, hits $54.4 million within a week

FLOKI, one of the largest meme coins in the crypto ecosystem, hit a key milestone early on Saturday. The token’s total value locked hit $54.4 million and catalyzed a price rally in the meme coin. FLOKI price climbed over the weekend, hitting $0.00003132 on Binance. 
FLOKI staked in the staking program
Chainlink, the token of a decentralized blockchain oracle network, is likely to get a boost from the blockchain’s adoption by financial institutions in Hong Kong. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) technology is being used for value exchange in Hong Kong’s Central Bank Digital Currency (CBDC) trials. 
LINK/USDT one-day price chart on Binance
Ethereum witnessed a spike in the holdings of large wallet investors in the network. Supply of the altcoin held by large addresses, as a percentage of the total supply has climbed consistently between May and November 2023.
ETH supply held by top addresses vs price
 

Author

FXStreet Team

More from FXStreet Team
Share:

Markets move fast. We move first.

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

By subscribing you agree to our Terms and conditions.

Editor's Picks

Hyperliquid price forecast: Bullish interest builds amid user recovery

Hyperliquid price forecast: Bullish interest builds amid user recovery

Hyperliquid (HYPE) trades at $25 at press time on Monday, holding the 3% gains from the previous day. The perpetual exchange sees a recovery in active users, while weekly fees collected decline to the lowest level so far this month.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple eye breakout for fresh recovery

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple eye breakout for fresh recovery

Bitcoin, Ethereum, and Ripple are approaching key technical levels on Monday as the broader crypto market stabilizes. Market participants are closely watching whether BTC, ETH, and XRP can sustain breakouts and achieve decisive daily closes above nearby resistance levels.

Top Crypto Gainers: Audiera, Midnight, MemeCore sustain weekend gains

Top Crypto Gainers: Audiera, Midnight, MemeCore sustain weekend gains

Audiera (BEAT), Midnight (NIGHT), and MemeCore (M) recorded double-digit gains on Sunday and remain top performers over the last 24 hours. Audiera extends the rally while Midnight takes a breather, and MemeCore struggles at a crucial moving average. 

Cardano Price Forecast: ADA suffers from $900 million loss realization as prices bounce near $0.34

Cardano Price Forecast: ADA suffers from $900 million loss realization as prices bounce near $0.34

Loss realization among Cardano (ADA) holders increased sharply in December, marking one of its heaviest capitulation months since 2023. Since the beginning of the month, investors have realized over $900 million in losses as of Friday.

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

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: 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.