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🔥💥Elon Musk Hints at Dogecoin Payment Option for Tesla During his recent visit to the Tesla Berlin Gigafactory, Elon Musk was asked about the possibility of buying Tesla vehicles with Dogecoin. Musk's response? “I think we need to take action at some point.” This announcement should not come as a surprise, as it is in line with the innovative approach of Tesla, which has previously flirted with paying with cryptocurrencies. The Latest Price Performance of #Dogecoin It's getting stronger beyond the potential adoption of Tesla. The market capitalization of the meme coin has grown to about $ 28 billion, approaching the market capitalization of Ripple's xrp ( ), which is currently $ 33 billion. Dogecoin fans and fans are increasingly calling for doge to 'spin' xrp, surpassing xrp in market value. when you look, the #DOGE is preparing for the exit. After reaching the $0.20 value area on December. Between December 28, it consolidated just below the Dec.0.20 level.the levels of 0.1895 and $ 0.1998. There is a resistance cluster between the Deceleration of the 50% Fibonacci at $0.205 and the extension of the 161.8% Fibonacci at $ 0.207. During this week's transactions, a symmetrical triangle formation developed, which disappointed both the bulls and the bears. Unfortunately for both bulls and bears, a break in either direction may not turn into a fake exit. The Composite Index and Trendless Price Oscillators are in neutral conditions and this could be a big driving force behind any break due to this neutral stance and could cause Dogecoin's performance to lead memecoin in both directions on Sunday. #elonmusk #binance #Memecoins

🔥💥Elon Musk Hints at Dogecoin Payment Option for Tesla

During his recent visit to the Tesla Berlin Gigafactory, Elon Musk was asked about the possibility of buying Tesla vehicles with Dogecoin. Musk's response? “I think we need to take action at some point.” This announcement should not come as a surprise, as it is in line with the innovative approach of Tesla, which has previously flirted with paying with cryptocurrencies.

The Latest Price Performance of #Dogecoin

It's getting stronger beyond the potential adoption of Tesla. The market capitalization of the meme coin has grown to about $ 28 billion, approaching the market capitalization of Ripple's xrp ( ), which is currently $ 33 billion. Dogecoin fans and fans are increasingly calling for doge to 'spin' xrp, surpassing xrp in market value.

when you look, the #DOGE is preparing for the exit. After reaching the $0.20 value area on December. Between December 28, it consolidated just below the Dec.0.20 level.the levels of 0.1895 and $ 0.1998. There is a resistance cluster between the Deceleration of the 50% Fibonacci at $0.205 and the extension of the 161.8% Fibonacci at $ 0.207.

During this week's transactions, a symmetrical triangle formation developed, which disappointed both the bulls and the bears. Unfortunately for both bulls and bears, a break in either direction may not turn into a fake exit. The Composite Index and Trendless Price Oscillators are in neutral conditions and this could be a big driving force behind any break due to this neutral stance and could cause Dogecoin's performance to lead memecoin in both directions on Sunday.

#elonmusk #binance #Memecoins

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🔥💥Shiba Inu Takes Center Stage With Dedicated Payment Page On Binance Pay payment service by Binance, has recently introduced a dedicated page to facilitate #ShibaInu (#SHIB ) payments. This new feature opens up a host of opportunities for SHIB holders, streamlining the process for businesses and individuals to transact with this increasingly popular token. Binance Pay Launches Dedicated Page For Shiba Inu The newly launched page is designed to simplify the acceptance of SHIB payments, according to a report by ‘The Shib Daily’. Hence, this demonstrates Binance Pay’s commitment to enhancing the utility of cryptocurrencies in everyday transactions. Binance Pay supports seamless payments with over 80 tokens, including SHIB. Moreover, it offers users a convenient and secure method to utilize their crypto assets. A standout feature of using SHIB through Binance Pay is the absence of gas fees, which have historically been a significant barrier to crypto spending. By eliminating these fees, Binance Pay has significantly boosted Shiba Inu’s transaction volume. This elevates it to one of the most popular tokens on the platform. This ‘fee-free’ environment encourages more frequent and varied transactions, making SHIB a more attractive option for both consumers and merchants. Beyond facilitating payments, Binance Pay extends its versatility with the Binance Marketplace, a hub where users can purchase a variety of products and services using Shiba Inu. The marketplace is particularly appealing due to its exclusive deals, discounts, and token rewards, providing added value to SHIB holders. This integration enhances the practical application of SHIB, transforming it from a speculative asset to a viable medium of exchange. Furthermore, Shiba Inu’s integration into Binance Pay underscores the platform’s broader strategy to expand the everyday utility of cryptocurrencies. Meanwhile, the SHIB price surged amid the broader market rally today. #binance #Memecoins
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😱🦈🦈Dogecoin: Whales' $130 million entry could lead to another rally Whale Investors Bought 820 Million DOGE in May 2024. At the time of writing, #DOGE has risen by over 0.15%, erasing last week's losses. While the retail campaign surrounding Gamestop has dominated the headlines of the crypto media, on-chain data shows that whale investors are imitating the #Dogecoin rally behind the scenes. The Centimeter graph below shows the cumulative balances held in whale wallets with a minimum balance of 1 million DOGE (~$150,000). This measurement mainly provides information about real-time fluctuations in the buying and selling trend of whale investors. As can be seen above, whales had a total of 57.06 billion DOGE in their possession as of May 1, 2024. On May 16, 2024, the assets of these whales had jumped to 57.9 billion DOGE. This means that crypto whales have achieved 822 million DOGE since the beginning of May 2024. Judging by current prices, whales has invested an additional $130 million, taking advantage of the bullish headwinds from Dogecoin's recent tie-ups with Tesla and Gamestop. The fact that whales make such large purchases during a rally usually intensifies the upward price movement for two main reasons. For one, the positive sentiment surrounding the whales' upward trend may encourage potential buyers who have been standing on the sidelines to join the fray. In addition, large volume purchases from these whales add a significant amount of liquidity to the markets and allow early profit Octobers to exit the market without dragging down Dogecoin prices. #Memecoins #binance
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😱🇹🇷 The draft law regarding the legalization of crypto assets in Turkey will be presented to the Parliament today. The crypto law is being submitted to the Turkish Grand National Assembly today The AKP will present its legislative proposal for the identification of #crypto assets to the Turkish Grand National Assembly today at 15.30. Treasury and Finance Minister Mehmet Simsek stated that crypto assets will be legally defined for the first time with this proposal. The AKP will present its law proposal on the identification of crypto assets to the Turkish Grand National Assembly today at 15.30. Treasury and Finance Minister Mehmet Simsek stated that crypto assets will be legally defined for the first time with this proposal. The AKP will submit its law proposal containing the legal definition of crypto assets to the Turkish Grand National Assembly Presidency. AKP Group Chairman Abdullah Güler will announce the details about the "Proposed Law on Amendments to the Capital Markets Law" at a press conference to be held at the Turkish Grand National Assembly at 15.30. Treasury and Finance Minister Mehmet Simsek stated that crypto assets will be legally defined for the first time with the proposal to be presented today. This arrangement also includes the last condition required for #Turkey to exit the gray list. Crypto assets will be defined as "intangible assets that can be created and stored electronically using distributed ledger technology or similar technology, distributed over digital networks, and can express value or rights". The FATF, which oversees the compliance of countries in the fight against financial crimes, had placed Turkey on the gray list in 2021 because it was insufficient in the fight against money laundering and the financing of terrorism. Turkey is compatible with 39 out of 40 standards and this regulation aims to eliminate the last deficiency in the crypto field. #Binance #BTC
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