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IOST price surges amid $21m raise to accelerate RWA growth
NFT Gaming

SEI price surges as Wyoming selects Sei Network for WYST stablecoin

by admin June 19, 2025



Sei price has spiked more than 13% in the past 24 hours amid news that the Wyoming Stable Token Commission has selected Sei “as a candidate blockchain” for the state’s upcoming stablecoin.

On June 19, as top coins led by Bitcoin (BTC) looked to rebound from the recent downturn, Sei (SEI) outpaced the top 100 cryptocurrencies by market cap. The SEI price jumped over 13% to hit an intraday high of $0.19, its highest level since June 12.

Why is SEI price up?

Sei Network’s native token appears to have surged following a key announcement from the blockchain project’s team.

Sei posted via X that the Wyoming Stable Token Commission had selected Sei as one of two candidate blockchains for the state’s fiat-backed stablecoin, WYST. 

Wyoming’s WYST is a fiat-backed stablecoin set to be deployed via LayerZero in July.

LayerZero Labs will be the issuance partner, with WYST issued via the interoperability protocol’s Omnichain Fungible Token standard.

The Wyoming state began testing the U.S. dollar-backed stablecoin in March, with testing across several blockchains. Apart from Sei, the other candidate blockchains, as indicated on the Commission’s WYST page are Aptos, Arbitrum, Avalanche, Base, Ethereum, Polygon, Optimism, Stellar, Solana, and Sui.

Sei Network is a layer-1 blockchain backed by Circle, Delphi Digital, Multicoin Capital, and Coinbase, among others.

Bullish sentiment around SEI surged following the Wyoming news, with daily trading volume up more than 91% to $175 million. Sei’s market capitalization climbed past $1 billion. The token reached its all-time high of $1.14 in March 2024.

Per data from DeFiLlama, the total value locked currently stands at $1.03 billion, while its stablecoin market cap sits at $213 million.



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June 19, 2025 0 comments
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Tech Deals cover image featuring a 3D resin-printed spaceman and a 1kg sachet of resin
Product Reviews

Less than half price! Grab 52% off 1KG of MatterHackers Pro Series resin for 3D printing

by admin June 19, 2025



If you’re into the resin 3D printing hobby space and need more resin for your prints, then this huge 52% saving on a large 1kg of MatterHacker’s Pro resin is just the ticket. The resin comes in various colors, but this deal is specifically on the White and Yellow variants. Resin is the best format for printing items like miniatures for tabletop gaming, thanks to its superior detailing in the prints and reduced visible markings compared to traditional filament 3D printing.

MatterHackers has this resin deal listed as a clearance item, and you can pick up both the white and yellow colors of the 1kg MatterHackers Pro Series resin for just $33. This is an amazing 52% price reduction on the usual listing price of $71, resulting in a savings of $38. A deal not to be sniffed at.

The Pro Series resins from MatterHackers let you choose from a variety of primary colors, and thanks to the design of the resin, provide a stable base if you want to mix the colors for your own individual color prints. The Pro Series resin cures within a UV wavelength of 380-405 nm. You can store the resin in a cool environment for up to two years under ideal conditions, so it’s okay to buy in bulk and store some for later use.

For more information on the Pro Series resin and its printing properties, please refer to the product page, which can be accessed using the links above. For more 3D printing products from printers, to filaments, to resins, check out matterhackers.com for everything you’d need for this fantastic hobby.

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June 19, 2025 0 comments
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Why is Story crypto price down today?
Crypto Trends

Why is Story crypto price down today?

by admin June 19, 2025



IP token continues its decline as initial launch and listing hype slowly dies down.

Story (IP) continues to lose steam following its initial post-launch rally. On Thursday, June 19, the IP crypto price was down 8.74%, contributing to a 35.51% decline over the past 30 days. A combination of broader market sentiment and investor profit-taking is exerting significant bearish pressure on the token.

Crypto markets have been under pressure over the past month, especially since the onset of the Iran-Israel conflict. Still, despite broader headwinds, major crypto assets have shown relative resilience. Bitcoin (BTC) lost 1.2% over that period, while Ethereum (ETH) was up 0.49%. However, this was not so for smaller altcoins.

Bitcoin, Ethereum, and other altcoins’ share of the total crypto market cap | Source: CoinMarketCap

In June, altcoin dominance steadily declined. Altcoins excluding Ethereum fell from 27.2% to 2.6%. At the same time, Bitcoin dominance rose, while Ethereum stayed flat. A lower risk appetite, both due to macroeconomic and geopolitical risk, is taking the steam out of the altcoin market.

IP crypto price tanks as initial hype vanes

IP token was up more than 500% in two weeks after its launch, to an all-time high of $7.33. Since then, the token has trended downward, losing 65% by June 19 of its value since its ATH. A combination of profit taking and declining hype contributed to the price drop.

The Story Protocol debuted as a layer-1 blockchain aiming to bring the $61 billion intellectual property market on-chain. Backed by notable investors including a16z and Samsung Next, the project raised $140 million.

The protocol allows IP holders to register and tokenize content on the blockchain, with features for custom licensing rules to support flexible monetization. However, adoption remains limited in terms of network activity and ecosystem metrics.

Story Protocol’s TVL, chain fees, and app revenue | Source: DefiLlama

According to DeFiLlama, the protocol’s total value locked has declined to just $11.25 million. Meanwhile, on-chain fees and app revenue are negligible, pointing to a lack of user engagement. For IP’s price to recover, the Story Protocol ecosystem will need to attract significantly more users.

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June 19, 2025 0 comments
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Lifetime Subscription to Ad Blocker AdGuard Is Now Near-Zero in Price, Over 90% Off With Code
Gaming Gear

Lifetime Subscription to Ad Blocker AdGuard Is Now Near-Zero in Price, Over 90% Off With Code

by admin June 19, 2025


If you could wave a magic wand and eliminate all ads from your online browsing — pop-ups, banners, videos, all of them — would you? Of course you would — everybody hates intrusive online ads, and they’re getting more clever and harder to elude or close every day.

Thankfully, the only magic wand you need to banish them forever is a lifetime subscription to AdGuard’s Family Plan, and the only magic word you need is FAMPLAN, the code you use at checkout to give you this sweet deal for just $16 at StackSocial. That gets you a lifetime license that works across Windows, macOS, iOS, and Android, and you can install it on up to nine devices.

See at StackSocial

More Than an Ad Blocker

The name is AdGuard, but it does far more than keep your browsing free from annoying ads. AdGuard is also an ideal tool for hiding your data from trackers and activity analyzers, and protecting your devices from malware and phishing attempts. Whether you’re using a desktop, laptop, smartphone, or tablet, AdGuard is the way to maintain your privacy and keep harmful bugs away from your devices.

The third component of AdGuard’s Family might be the most important if you have kids — its powerful and comprehensive Parental Controls feature. AdGuard allows you to restrict access to objectionable content, so you can keep your kids’ online experiences free from harm. It’s very customizable, so you can manually add specific sites and types of content to one kid’s restrictions while having different settings for another.

Easy to Use Your Way

AdGuard is not a VPN, although they do also make a VPN that you can find at StackSocial. It’s an ingenious software and app that is equally effective across platforms and devices. It’s also highly customizable, with simple and intuitive interfaces on whatever device you’re using it on. You can create and use your own filters, and if an ad makes it through your defenses — and they will, because they’re constantly evolving — you can manually add it to your filter and never see it again.

The real blow-away part of this StackSocial deal is the price — a lifetime subscription to AdGuard’s Family Plan for a one-time fee of just $16 when you use the code FAMPLAN at checkout. You get up licenses for up to nine devices — desktops, laptops, tablets, smartphones, Macs, PCs, Android — AdGuard is universally compatible, and it’s the best way to keep your own browsing free from annoying ads and your family’s online experience free from objectionable or harmful content.

See at StackSocial



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June 19, 2025 0 comments
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3 Reasons Why Ethereum Price Could Soon See a 'Violent Move' Above $2.8K
Crypto Trends

3 Reasons Why Ethereum Price Could Soon See a ‘Violent Move’ Above $2.8K

by admin June 19, 2025



Key takeaways:

  • Spot ETH ETF net inflows totalled $861.3 million over the last two weeks.

  • Total ETH staked and accumulated are at all-time highs.

  • ETH price could rally toward the bull flag’s target of $4,100 if a key trendline breaks.

Ether’s (ETH) price rose to a four-month high at $2,880 on June 11, before correcting to the current value at $2,550.

Several analysts said a key resistance remains at $2,800, and the price needs to flip this into support to trigger a “violent move upward.”

“Ethereum price price action is compressing right below this big $2.8K level,” said popular crypto analyst Daan Crypto Trades in a June 16 post on X 

The trader asserted that a decisive close above this level would be a “good setup” for a move higher. 

“If we see a convincing break above $2.8K and hold there, that would be a good setup for a move to the cycle highs around $4K.”ETH/USD two-day chart. Source: Daan Crypto Trade

Fellow analyst Jelle shared a chart showing ETH price compressing a tight range below a key resistance level above $2,800 and said:

“Generally speaking, these structures only end in one way; a strong and violent move.”

Several bullish signs suggest that ETH is well-positioned to break above $3,000 in the following days or weeks.

Continued spot ETF inflows back ETH upside

One factor supporting Ether’s bullish argument is persistent institutional demand, reflected by significant inflows into spot Ethereum exchange-traded funds (ETFs).

Related: Ether price stable near $2.4K as crypto investors bet on long-term growth

Spot Ether ETFs saw a 19-day inflow streak before it broke on June 13, but rebounded with three consecutive days of fresh inflows between June 16-18, including over $19 million on Wednesday. These investment products have seen net inflows totaling $861.3 million over the last two weeks, as per data from Farside Investors.

Spot Ethereum ETF flows. Source: Farside Investors

As Cointelegraph reported, these inflows have been the highest since January 2025 and reflect growing confidence among traditional finance players, despite initial market panic from the Israel-Iran conflict.

Staked ETH and accumulation addresses hit new highs

Ether staked increased by more than 500,000 ETH between June 1 and June 15, pushing the total locked amount to a new all-time high of over 35 million ETH.

This growth signals rising confidence and a continued drop in liquid supply. This creates scarcity that can drive prices up if demand holds or grows.

ETH: Total value staked. Source: CryptoQuant

In a June 16 QuickTake, CryptoQuan’s analyst OnChainSchool also pointed out that Ether’s accumulation addresses (holders with no history of selling) have also reached an all-time high, now holding 22.8 million ETH worth approximately $58 billion at current rates.

This signals strong investor confidence and minimal selling pressure, often a precursor to price rallies.

The analyst said:

“These two metrics combined position Ethereum as one of the strongest crypto assets in terms of long-term fundamentals and investor conviction.”

ETH price needs to flip the 200-day SMA trendline

Data from Cointelegraph Markets Pro and TradingView shows that ETH price is stuck between two key levels: the 200-day simple moving average (SMA) at $2,600 acting as resistance and the 50-day SMA at $2,450 as support.

ETH bulls were required to reclaim the 200-day SMA to ensure a sustained recovery toward $3,000 and beyond.

The last time the BTC price broke above this trendline, it rallied 40% from $3,130 on Nov. 9, 2024, to its multi-year high of $4,100 on Dec. 15, 2024.

ETH/USD daily chart. Source: Cointelegraph/TradingView

The bull flag pattern, on the other hand, indicates a potential breakout toward $3,900, as shown in the chart below.  

ETH/USD daily chart. Source: Cointelegraph/TradingView

As Cointelegraph reported, Ether’s breakout from a cup-and-handle chart pattern could result in 51% gains to $4,200.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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June 19, 2025 0 comments
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DOGE Price Prediction for June 19
NFT Gaming

DOGE Price Prediction for June 19

by admin June 19, 2025


Most of the cryptocurrencies are coming back to the bullish zone, according to CoinStats.

DOGE chart by CoinStats

DOGE/USD

The price of DOGE has gone up by 0.42% over the last 24 hours.

Image by TradingView

On the hourly chart, the rate of DOGE remains near the $0.1694 level. If bulls cannot seize the initiative shortly and the candle closes around the support, traders may witness a breakout, followed by a test of the $0.1690 range by tomorrow.

Image by TradingView

On the longer time frame, the situation is neither bearish nor bullish as the price of DOGE has not accumulated enough strength for a sharp move.

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In this case, sideways trading around the $0.17 zone is the more likely scenario

Image by TradingView

From the midterm point of view, one should focus on the weekly candle’s closure. If it happens far from the support of $0.1642, there is a possibility of seeing a local bounce back to the $0.18 zone.

DOGE is trading at $0.1702 at press time.



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June 19, 2025 0 comments
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Trump slams Powell’s rate stance as BTC price flatlines
NFT Gaming

Trump slams Powell’s rate stance as BTC price flatlines

by admin June 19, 2025



President Trump slams Fed Chair Jerome Powell for refusing to cut interest rates, leaving America’s monetary policy unchanged again. As a result, Bitcoin has seen minimal price movement ever since.

In a recent post shared to Trump Media & Technology Group-owned social media platform Truth Social, President Donald Trump did not hold back from harshly criticizing Fed Chairman Jerome Powell’s unwavering stance towards interest rates.

“Too Late—Powell is the WORST. A real dummy, who’s costing America $Billions!” wrote Trump in his post.

Not only that, he also included a link to an article published on the National Mortgage News site, which quoted an analysis from Fannie Mae’s and Freddie Mac’s regulator who called for the Federal Reserve Chairman to quit if he continues to maintain the current interest rate.

Although the decision to keep the interest rates steady at a range of 4.25% to 4.5% range, it has left Bitcoin (BTC) at a standstill. Ever since it was announced that the Fed unanimously voted to maintain its current policy in June, Bitcoin has been stuck around the $104,000 floating around the mark, seeing weak gains of only 0.28% to as low as 0.1%.

It appears that the Fed’s cautionary stance has triggered a pause in Bitcoin’s previous rally, much to the dismay of traders and the President of the U.S. himself. In the past two weeks, the largest cryptocurrency has seen a slight increase of 0.3%.

Price chart for Bitcoin after Jerome Powell’s interest rate speech, June 19, 2025 | Source: crypto.news

Why has Jerome Powell refused to cut interest rates?

On June 18, the Federal Reserve came to a unanimous decision to maintain a “wait-and-see” approach to the current monetary stance in June.

According to a CNBC report, Federal Reserve Chair Jerome Powell said in a press conference that policymakers are “well positioned to wait” before moving further on rates. He also said that the market is beginning to see the effects of Trump’s tariffs on inflation.

“We have to learn more about tariffs. I don’t know what the right way for us to react will be,” said Jerome Powell, as quoted by CNN Business from the press conference.

“I think it’s hard to know with any confidence how we should react until we see the size of the effects,” he continued.

Maintaining interest rates in the 4.25% to 4.5% is considered restrictive by many, considering that it led to a fall in investor confidence. Moreover, Bloomberg reported that the Fed has also revised its economic growth forecast, showing a decline for 2025. Lower GDP projections could suggest less consumer spending, weaker investment, or global headwinds.

The inflation forecast for 2025 has been raised to 3%, which is above the Fed’s 2% target. This signals that inflationary pressures may be more persistent than previously expected.

After the Fed refused to cut interest rates and foreshadowed a bleaker economic outlook, the U.S. stocks took a dive.

According to a report by Reuters, the Dow Jones Industrial Average fell by 0.10% compared to the previous day. Meanwhile the S&P saw a decline of 0.03%. In contrast to the two exchanges, the Nasdaq Composite actually rose by 0.13%.

However, overall stock prices were generally higher before the Fed’s announcement.

On the crypto side of the market, the overall crypto market cap fell by 2.3% in the past 24 hours. The current crypto market cap stands at $3.3 trillion, after major tokens like Bitcoin, Ethereum (ETH) and Solana (SOL) saw declines ranging from 1.6% to 0.2%.

Even the overall crypto trading volume suffered a 15% fall following the Fed announcement, from an initial $120 billion to $101 billion on June 19.

Additionally, the CBS reported that the central bank expects inflation to worsen in the coming months. It also foresaw two interest rate cuts by the end of this year. This prediction is the same as its previous projection back in March.

“For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance,” said Jerome Powell.

The Fed’s decision goes against increasing pressures from the White House to lower interest rated by two points. Just hours before the announcement, Trump said that “stupid” Fed Chair Jerome Powell will likely keep the rates at their current levels. The remarks were part of his ongoing attacks on the Fed.



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June 19, 2025 0 comments
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New Record, Bitcoin (BTC) Price Trapped Now, Here's When XRP Price Explodes
NFT Gaming

New Record, Bitcoin (BTC) Price Trapped Now, Here’s When XRP Price Explodes

by admin June 19, 2025


  • Bitcoin possible breakout 
  • XRP aims high

Dogecoin recently set a regrettable record: the longest run of losses in its recent history, with seven consecutive red daily candles. It makes sense that many investors are alarmed by the meme coins’ dismal short-term technical outlook due to its prolonged decline.

The chart shows that DOGE has now fallen below the 50, 100 and 200 EMAs, the three main moving averages confirming a bearish bias across all of the main trend indicators. After its prior attempt to regain the $0.22 zone, the asset has been unable to sustain upward momentum and has fallen to the $0.16 area.

DOGE/USDT Chart by TradingView

The decline in trading volume is more concerning as it highlights the market’s lack of bullish commitment. Though it is not yet at the point where sharp bounces usually occur, the RSI is circling 34, which is close to the oversold zone. One possible bright spot amid all of this negativity is that Dogecoin is currently trading at a psychological support level of $0.16, which is historically high.

This range has served as a turning point on several occasions in the past, acting as support and resistance based on the mood of the market. With the larger cryptocurrency markets exhibiting slight indications of stabilization, a technical rebound is not impossible if bulls intervene.

A rebound might be possible, but it is unlikely to stop the overall trend unless it is accompanied by a sharp rise in volume and a return above the $0.18-$0.19 range. DOGE is still stuck in a bearish structure with little support until then.

Bitcoin possible breakout 

The tightening range in which Bitcoin is currently trading suggests a possible breakout that could cause a big market shift. The chart shows that Bitcoin is wedged between two important moving averages, the 50 EMA serving as support and the 26 EMA serving as resistance. As traders build up positions in expectation of a breakout, this kind of consolidation frequently occurs before a spike in market activity.

The current price action indicates selling pressure from the top, with a string of lower highs and the 50 EMA below offering a strong level of support after serving as a springboard for previous upward moves. When the market gathers momentum, this squeeze formation between convergent EMAs usually results in a strong directional move. 

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With the RSI hovering just above 50, the market is neutral — not oversold but also lacking any strong bullish momentum. Bitcoin might return to the $110,000 range if it breaks above the 26 EMA and the descending resistance trendline, which would probably indicate the return of bullish dominance.

A drop below the 50 EMA and the psychological support at about $103,000, on the other hand, might pave the way to a more severe correction toward the $98,000-$95,000 range. In general, Bitcoin is in a traditional pressure cooker configuration. Although it is currently trapped, the range is getting smaller, and a spike in volatility seems likely.

Volume confirmation and a clear break of the resistance or support lines are indicators that investors should keep an eye out for. The trend of Bitcoin into the upcoming quarter will probably be determined by whichever direction prevails.

XRP aims high

With its price action coiling into a tight symmetrical triangle, one of the most telling technical patterns when it comes to predicting volatility, XRP is getting close to a critical inflection point. A major breakout, or breakdown, is imminent, as indicated by this triangle that is made up of a sequence of lower highs and higher lows. It also shows a consistent contraction of momentum.

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With several moving averages closely encircling it, XRP is currently trading at about $2.13. Short-term bullish momentum is capped by the 26 and 50 EMAs converging above the 200 EMA (black line), which remains a strong base of support. The chart’s declining volume supports the implication of this pattern, which is that traders are holding off in anticipation of a clear move.

Symmetrical triangles usually do not show direction on their own. However, the closeness to the 200 EMA and the string of recent higher lows indicate that the bulls are still active in the case of XRP, albeit cautiously. If XRP is able to overcome the triangle’s descending upper boundary and overcome resistance at roughly $2.25-$2.28, it may spark a quick rebound back toward $2.50 and possibly higher.

Conversely, if support around $2.09-$2.10 is not maintained, there may be a deeper pullback with possible downside targets close to the $1.95-$2.00 region. Around 46, the RSI is neutral, meaning it can move either way. The main conclusion is that the volatility of XRP is compressed and getting close to a breakout point.

Regardless of who prevails in this stalemate, the price movement will almost certainly explode. Watch volume spikes for early indications of directional confirmation and be ready for increased activity.



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June 19, 2025 0 comments
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Dogecoin Price Flashes Similar Patterns To 2020 Before The 36,000% Bull Run
NFT Gaming

Dogecoin Price Flashes Similar Patterns To 2020 Before The 36,000% Bull Run

by admin June 19, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Dogecoin has been trading within a relatively narrow descending range over the past few days, showing signs of gradual strength building underneath the surface. Although the broader crypto market has been a mix of consolidations and breakout attempts, Dogecoin has maintained support above $0.17 and is attempting to form a higher low on the weekly price chart. This current price action coincides with the appearance of a lower low for one technical indicator that preceded a rally in 2020.

ADX Pattern Repeats For Possible Dogecoin Breakout

According to crypto analyst Trader Tardigrade, Dogecoin’s weekly Average Directional Index (ADX) is showing a very similar setup to the one that occurred just before Dogecoin’s monumental 36,000% rally in 2020. The chart shared on the social media platform X highlights a series of ADX movements: two mid-level peaks followed by a sharp drop to a new low.

This structure, now repeating again in 2024 and 2025, looks like the same ADX pattern observed in the months leading up to Dogecoin’s breakout from under $0.01 to above $0.70 during the last bull cycle.

Source: Trader Tardigrade on X

This repetition is revealed in the weekly candlestick price chart below, which shows how each of these lower low dips on the ADX curve, following twin mid-range tops, marked the end of price accumulation phases and the beginning of explosive directional moves. The latest ADX dip, again shown by a purple arrow in the chart below, aligns with the same phase of compression seen in late 2020, shortly before Dogecoin surged past many resistance levels.

Price Target For DOGE

Although past performance doesn’t guarantee future outcomes, the visual and structural similarity between Dogecoin’s current ADX pattern and that of 2020 is difficult to ignore. Trader Tardigrade’s chart highlights this by drawing a vertical dotted line from the ADX low in mid-2020 to the beginning of Dogecoin’s historic rally, which eventually carried the price to an all-time high of $0.7316 in May 2021. That move followed a nearly flat ADX curve, which then curved sharply upward, exactly the kind of movement now taking shape again in the present cycle.

A second dotted line has been placed from the most recent ADX low on the current chart, and a similar trajectory could play out. This time, the projected target extends well beyond previous highs, pointing to a price above $4.50. Although not exactly a repeat of the 36,000% rally, the implied directional strength could still result in a powerful breakout.

At the time of writing, Dogecoin is trading at $0.1708. Should it follow the projection and reach the $4.50 price target, this would be a 2,540% increase from current price levels.

DOGE trading at $0.16 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 19, 2025 0 comments
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RESOLV price crashes after initial rally: what’s going on?
Crypto Trends

Onyxcoin price plummets 11%: what triggered the decline?

by admin June 18, 2025



The token fell from $0.01421 to $0.01319 during Wednesday’s Asian evening session. The 10.98% plunge came without any clear news catalyst, suggesting a reaction to broader crypto market weakness and a technical retest of key support.

According to CoinMarketCap data, Onyxcoin (XCN) saw a volatile 10.98% correction during Wednesday’s Asian trading session, plummeting from its daily high of $0.01421 to a swing low of $0.01319 within hours.

As of press time, Onyxcoin had recovered slightly to trade at $0.01339, with the partial rebound coinciding with Bitcoin’s bounce above $104,000. XCN now faces immediate resistance at the $0.01380 breakdown point, while sustained buying pressure could see a retest of the $0.014 psychological level.

Why XCN price plunged

Several key factors help explain Wednesday’s tumble. Over the past week, XCN’s 24-hour trading volume has fluctuated between $24 million and $27 million, relatively modest compared to mid-cap peers, but still liquid enough for small order imbalances to cause sharp swings.

That backdrop means even modest order imbalances, whether profit‑taking by insiders or stops activated by bots, can trigger outsized moves. Despite the absence of any negative news, the broader altcoin sector has been under pressure as Bitcoin’s recent indecision and macro uncertainty weigh on sentiment.

In XCN’s case, the $0.01330–$0.01340 range acted as a short-term support zone. The token stabilized around $0.01339 in early U.S. hours as buyers stepped in to absorb recent liquidations.

Beyond market structure and sentiment, Onyxcoin’s fundamentals may also be contributing to fragility. The project’s ambitious shift toward Layer-3 infrastructure is now facing its first serious stress test, as the token struggles to hold critical support levels.

With less than two weeks remaining before crucial DAO votes conclude, traders are closely watching for updates. Draft proposals reviewed by crypto.news suggest a potential doubling of staking rewards—a move that could either provide short-term price support or trigger another wave of profit-taking.

For now, Onyxcoin remains caught between its long-term technical promise and the market’s short-term realities, a precarious position that’s become increasingly common for altcoins navigating 2025’s unpredictable crypto landscape.



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June 18, 2025 0 comments
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