Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
CryptoIntelligence 2025-01-10 20:34:22

Crypto Markets Enter “Banana Zone” Toward “Banana Singularity”

Crypto Markets Enter “Banana Zone” Toward “Banana Singularity”

Crypto markets are in the “Banana Zone” and heading toward a “Banana Singularity,” a phase where “everything goes up,” according to Real Vision co-founder and CEO Raoul Pal. The “Banana Zone,” coined by Pal, refers to periods of significant upward price movement. “Yes, we are still in the Banana Zone,” Pal said on X on Jan. 10, adding that the first phase of this bull market began with a breakout in November last year. This phase was followed by consolidation, similar to the 2016–2017 cycle, which Pal noted “won’t last long.” Pal predicted the next stage, the “Banana Singularity,” as an altcoin season “when everything goes up, followed by a bigger consolidation.” Altcoin seasons typically follow declines in Bitcoin (BTC) dominance, which currently remains high at 58%, per TradingView. DeFi researcher 0xNobler appeared to agree with Pal, writing on X that “Bitcoin just entered the acceleration phase” and forecasting a dramatic rise to $500,000, which could “ignite the biggest altseason in history.” Futures trader CoinMamba, however, offered a more skeptical take, saying, “This sell-off is so bad that we will have an altseason just by prices going back to what it was one week ago.” Pal described the third and final phase of the Banana Zone as the “concentration phase,” where “core winners explode on to make much higher highs.” Despite recent corrections, crypto markets have risen 90% year-over-year in total market capitalization, growing from $1.8 trillion to $3.4 trillion after most of 2024 was spent consolidating. Total market capitalization reached an all-time high of $3.9 trillion on Dec. 17, marking a 27% increase over the previous cycle’s peak.

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.82%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.