Close Menu
Cryprovideos
    What's Hot

    Wells Fargo’s Chief Economist Warns US Financial system Is ‘Skating Fairly Near a Recession’ – Right here’s His Outlook – The Each day Hodl

    June 6, 2025

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025

    Securitize and VanEck Launch Tokenized Treasuries on BNB Chain

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto information and costs: Algorand (ALGO), Ivy Dwell (IVY), and Phantom
    Crypto information and costs: Algorand (ALGO), Ivy Dwell (IVY), and Phantom
    Crypto News

    Crypto information and costs: Algorand (ALGO), Ivy Dwell (IVY), and Phantom

    By Crypto EditorDecember 26, 2024No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    How are the cash Algorand (ALGO), IVY, and Phantom performing throughout the crypto market? On this article, we have a look at the newest updates on costs and the information that sees them as protagonists. 

    The value of the crypto Algorand as compared with IVY and Phantom

    The latest drop within the worth of Algorand (ALGO), which has seen a decline of 20% within the final week, has caught the eye of merchants and buyers.

    Regardless of the multi-year excessive reached at $0.613 in the beginning of the month, the worth has now settled at $0.371, highlighting a major development reversal. This decline is accompanied by a sequence of market dynamics that affect the general sentiment.

    An attention-grabbing facet is the rise in lively addresses, which have virtually doubled in simply 24 hours, going from 104,000 to 190,000. 

    This enhance might be attributed each to merchants liquidating their positions to scale back losses and to new operators seeking to capitalize on the speculative market motion. 

    Nonetheless, the rising exercise has not translated into an enchancment in sentiment, because the profitability of lively addresses has collapsed from 57% to 16% in simply two weeks. 

    This decline means that many members within the earlier rally at the moment are promoting to restrict losses or protect income, thus contributing to fueling the bear sentiment.

    The technical context additionally highlights rising promoting stress. Indicators such because the Chaikin Cash Stream (CMF) and the on-balance quantity (OBV) replicate a predominance of gross sales over purchases, with the worth transferring inside a descending channel. 

    A violation of the decrease line of the channel might speed up additional declines, whereas a break above the resistance would provide hopes of restoration.

    Within the meantime, the DeFi ecosystem of Algorand has skilled a major setback, with the full worth locked (TVL) dropping from 245 million {dollars} to 165 million in three weeks. 

    This decline amplifies the damaging sentiment, because the drops in TVL are likely to replicate a lower in confidence within the ecosystem.

    In different phrases, till indicators of restoration are noticed in DeFi or profitability, the outlook for Algorand stays strongly bear.

    Ivy Dwell (IVY): worth decline and market outlook

    Within the final 24 hours, Ivy Dwell (IVY) recorded a buying and selling quantity of $4,637.63, marking a lower of -3.50% in comparison with the day before today, reflecting a lower in market exercise. 

    At present, the worth of IVY is 84.80% beneath its all-time excessive of $0.00001322, reached on August 24, 2023. 

    Regardless of this, the present worth is considerably larger by 1.336,61% in comparison with the all-time low of $0.061399, recorded on July 2, 2024.

    The absolutely diluted valuation (FDV) of IVY, calculated assuming the complete issuance of all 500 billion tokens out there, quantities to $1,005,051. 

    Nonetheless, the complete achievement of this FDV might take years, relying on the velocity of token distribution.

    By way of latest efficiency, IVY has skilled a decline of -18.90% within the final week, underperforming each the worldwide cryptocurrency market, which recorded a decline of 11.60%, and the BNB Chain ecosystem, which remained steady.

    This development displays a vital second for Ivy Dwell, with the market requiring indicators of restoration to regain confidence and stimulate investor curiosity.

    Phantom Pockets integrates with the Sui community: a step ahead for the multichain ecosystem

    In a strategic transfer, the Sui Basis introduced that Phantom Pockets, one of many main non-custodial multichain wallets, will formally help the Sui community. 

    With roughly 7 million lively month-to-month customers and over 560 million on-chain transactions recorded this yr, Phantom stands out as a pacesetter within the Web3 panorama. 

    Because of superior options equivalent to staking, in-app token exchanges, help for NFT, integration with Ledger {hardware} pockets, and full multichain help, the mixing with Sui represents a important milestone.

    This collaboration marks a pivotal second for the Sui blockchain, which joins Solana, Bitcoin, and Ethereum as a community supported by Phantom. 

    Jameel Khalfan, World Head of Ecosystem of the Sui Basis, said the next: 

    “The mixing of Phantom Pockets represents an enormous step for the Sui ecosystem, providing customers a first-class pockets expertise.”

    Accessible as a browser extension and cellular utility, Phantom will provide Sui customers a safe and versatile resolution. 

    The CEO of Phantom, Brandon Millman, praised Sui’s progressive strategy to scalability and developer help, highlighting the mutual dedication to high-performance blockchain.

    The mixing highlights the rising curiosity in multichain options, with a market worth of Sui that has risen over 100% within the final month. 

    Issue that led the blockchain to a TVL of 1.5 billion {dollars} and consolidated it as probably the most promising networks within the Layer 1 panorama.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025

    Trump Crypto Pockets Goes Darkish Following Stop and Desist – Decrypt

    June 6, 2025

    Chaos Erupts Over Unapproved Trump-Branded Crypto Pockets: Right here is the Fact – BlockNews

    June 6, 2025

    Solaxy Raises $44 Million for Solana Layer 2: Greatest Crypto Presale? – CryptoDnes EN

    June 6, 2025
    Latest Posts

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025

    Palantir Is Violating Its Personal Rules By Avoiding A Bitcoin Treasury

    June 6, 2025

    Michael Saylor’s Technique ups Bitcoin wager with $1B inventory providing

    June 6, 2025

    Bitcoin Worth Might Drop Beneath $100,000: Right here’s Why It’s Seemingly Regardless of Rising Accumulation

    June 6, 2025

    Bitcoin May Crash by Double-Digit Proportion Factors in a ‘Fast Transfer’ if This Assist Stage Fails, Warns Crypto Dealer – The Each day Hodl

    June 6, 2025

    Bitcoin Bombshell: Ulbricht Donor Linked To AlphaBay Kingpin

    June 6, 2025

    Bitcoin Sinks, Tesla Shares Plunge Amid Elon Musk-Trump Conflict

    June 6, 2025

    Breaking: Metaplanet Publicizes Objective to Maintain 210,000 Bitcoin by 2027

    June 6, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    ZachXBT Hyperlinks 188 BTC From Coinbase Hack to THORChain: Ought to Permissionless Protocols Care?

    May 22, 2025

    Crypto Massacre on Commerce Conflict, Largest Liquidations ever, Altcoins down 50%+ – Decrypt

    February 4, 2025

    Binance CEO Points Main Warning on AI 'Face Assaults'

    April 30, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.