Over the past 24 hours, dogwifhat’sWIF/USD price has fallen 7.67% to $2.46. This is opposite to its positive trend over the past week where it has experienced a 7.0% gain, moving from $2.31 to its current price.
The chart below compares the price movement and volatility for dogwifhat over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
The trading volume for the coin has decreased 34.0% over the past week, while the overall circulating supply of the coin has decreased 0.51% to over 998.93 million. This puts its current circulating supply at an estimated 100.0% of its max supply, which is 998.93 million. The current market cap ranking for WIF is #42 at $2.45 billion.
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Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen per BTC. With this acquisition, Metaplanet’s total bitcoin holdings now stand at 639.503 bitcoin. The cumulative amount […]
On Friday night, cryptocurrency scammers briefly hacked the LEGO website to promote a fake Lego token that could be purchased with Ethereum.
During the breach, the hacker replaced the main banner for the official LEGO website with an image showing crypto tokens branded with the “LEGO” logo and text stating, “Our new LEGO Coin is officially out! Buy the new LEGO Coin today and unlock secret rewards!”
According to LEGO Reddit moderator “mescad,” the breach took place at 9 PM EST and lasted approximately 75 minutes until 10:15 PM ET, when the site was restored.
Unlike many cryptocurrency scams, this one did not promote a malicious site with a crypto drainer that stole your assets when you connected your wallet.
Instead, clicking the “Buy now” link brought visitors to the Uniswap cryptocurrency platform, where you could purchase the LEGO scam token using Ethereum.
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LEGO website hacked to promote crypto scam Source: mescad
LEGO confirmed the breach to BleepingComputer but would not share details on how the threat actors gained access to their website.
“On 5 October 2024, an unauthorised banner briefly appeared on LEGO.com. It was quickly removed, and the issue has been resolved,” LEGO told BleepingComputer.
“No user accounts have been compromised, and customers can continue shopping as usual. The cause has been identified and we are implementing measures to prevent this from happening again.”
Overall, the attack was a failure, with only a few people purchasing the LEGO token for a few hundred dollars.
For such a high-profile site like LEGO, it is surprising that the threat actors would waste their access on a crypto scam.
Website breaches are instead more commonly used to inject malicious JavaScript into web pages to stealthily steal customer information and credit cards.
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This data is then used to extort companies for high payouts, sold on darknet marketplaces, or used to make fraudulent purchases online.
The cryptocurrency market often shows elements of versatility, favoring different coins at different stages or phases within the Web3 domain. The one thing that remains constant throughout is its ability to favor the boldest coins available in the market.
The market assesses user demand, transactions, and volumes to help a particular token take center stage. Considering these metrics, here’s what AI thinks about predicting the top 3 coins bound for major October gains.
Also Read: US Stocks: Amazon Emerges As The Next Best Share, May Hit $224 Soon
1. Bitcoin (BTC)
Source – Bitcoin.com
Bitcoin is currently the top trading coin in the crypto world. Per AI, BTC sets the tone for the entire market, making it a valuable investment to explore and interact with. As the world continues to encounter major geopolitical changes and economic downturns, BTC’s value is bound to skyrocket sooner rather than later.
According to CoinCodex, BTC may surge to hit $88K by October 2024.
Image: CoinCodex
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 39.14% and reach $88,485 by November 6, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 50 (neutral). Bitcoin recorded 19/30 (63%) green days with 5.22% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”
2. Ethereum (ETH)
Dubbed the second largest cryptocurrency by market cap, Ethereum is also paving its own way by capitalizing on Bitcoin’s surge and carving its own personal ecosystem. Per AI, ETH’s role as a leading smart contact platform, with the consistent tinkering in its later 2 solutions, could help bolster its price in the Web3 domain.
According to CoinCodex, Ethereum may surge by 6% to hit a new price high of $2654.
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Image: CoinCodex
According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 6.59% and reach $2,654.77 by November 6, 2024. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 50 (neutral). Ethereum recorded 17/30 (57%) green days with 5.43% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a bad time to buy Ethereum.
Also Read: Malaysia’s Local Currency Ringgit Outperforms the US Dollar
3. Solana (SOL)
Source – Coinpedia
Solana is the latest addition to this list. SOL is growing rapidly, with the token’s use demand skyrocketing. Per AI, SOL cryptocurrency demand has seen a remarkable surge, primarily due to its fast transactional output and low fee mechanisms.
According to CoinCodex, Solana may reach a new high of $171 by the end of October 2024.
Image: CoinCodex
“According to our current Solana price prediction, the price of Solana is predicted to rise by 14.04% and reach $171.24 by November 6, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 50 (Neutral). Solana recorded 17/30 (57%) green days with 6.44% price volatility over the last 30 days. Based on the Solana forecast, it’s now a good time to buy Solana.”Image: Gemini
Also Read: Cryptocurrency: Neiro Hits All-Time High Today, Will It Continue?
Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen per BTC. With this acquisition, Metaplanet’s total bitcoin holdings now stand at 639.503 bitcoin. The cumulative amount […]
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