Recently PEPE has brokendown the symmetric Triangle with a strong volume candle , indicating a bearish movementum in PEPE.
There is likely possible that PEPE will go to retest the breakdown of the triangle and that will be a great entry for the short (0.013500 - 0.014000 )
And currently it's on support of recent move so if the price fell below the support then we can short it from here (0.011600 - 0.011850 ) instead of waiting for retest of breakdown.
Target is mentioned in the picture.
NOTE: Do your own research and you can plan your entry according to your stragedies.
🔥 5 Cryptocurrencies Set to Explode in 2024: Contenders Aiming for $1 🔥
Which cryptocurrency will hit $1 in 2024? In this post, we’ll look at five promising options, from new entrants like Pikamoon to established names like Dogecoin. Let's dive in!
LUNAR Token - Project Type: Native token of the MoonPrime Games ecosystem. - Highlights: Strong integration within the MoonPrime Games, offering unique utility across all platforms. LUNAR has a total supply of 1,000,000,000, 100% locked liquidity, and is poised for growth in the booming Web3 gaming market. - Potential: With the rapid expansion of blockchain gaming, early investors in LUNAR have the potential to see substantial returns.
$PIKA: Pikamoon - Project Type: Native token of a Play-to-Earn (P2E) game. - Highlights: Beta version attracted over 10,000 players. Transparent founding team with a strong development studio. - Potential: Market cap is 30-40 times lower than some competitors, enhancing its growth potential.
Book of Meme ($BOME) - Project Type: Meme coin. - Highlights: Surged 58,000% after launch on Solana's Raydium DEX. Saw another 450% rise after being listed on Binance. - Status: Currently in a consolidation phase.
Other Top Contenders:
1. Dogecoin (DOGE) - Project Type: Meme coin. - Highlights: Strong community, widely accepted, influential backers like Elon Musk. - Potential: Has seen significant price surges before; could rise again with social media events.
2. Shiba Inu (SHIB) - Project Type: Meme coin. - Highlights: Large community and diverse projects. - Potential: Could hit $1 target with more use cases and projects supporting it.
3. VeChain (VET) - Project Type: Blockchain-based supply chain management. - Highlights: Real-world applications and major partners. - Potential: Could see significant price increases if it continues to expand its current partnerships.
These cryptocurrencies have significant potential to reach the $1 milestone in 2024. Stay tuned as we uncover more contenders!
PEPE Trader Turns $83 into $79.4 Million, Achieving a 958,580x Profit 🎯
The PEPE token recently exceeded all expectations, hitting an all-time high and generating phenomenal profits. A trader managed to turn an initial investment of $83 into $79.4 million through strategic acquisitions, achieving an astounding 958,580x return.
Click Here To Go To Feed Post For FDUSD
A detailed analysis by a blockchain analytics firm revealed that the trader operated through three interconnected wallets. Initially, the trader bought about 6.44 trillion PEPE tokens using just 0.041 ETH (approximately $83).
Through a series of savvy investments and trades, this modest investment ballooned into a substantial fortune.
The remarkable success of the PEPE token has garnered widespread attention, showcasing the potential for massive profits in the cryptocurrency market. With more investors entering the space, the prospects for the PEPE token remain promising.
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Binance Launches Platform for Users to Bet on Future Token Listings
Nominate your token to the next pool...
Binance announced on Thursday (March 7) the launch of Futures NEXT, an initiative designed to reward users who bet on which tokens will be listed in the future on Binance Futures, its service focused on derivatives.
"Through a prediction-based mechanism, users are rewarded for accurately predicting which tokens will be listed on the Binance Futures USD-M market," the brokerage note explains, emphasizing that it is not a voting process — USD-M are margin contracts based on the US dollar.
According to Binance, to participate, traders will need to interact with the NEXT Pool, an integral part of Futures NEXT, where a selected collection of tokens will be displayed. Users can nominate up to three tokens at a time as potential future listings.
"This user-centered nomination process ensures that the pool accurately represents the community's perspective and understanding of promising tokens for the future USD-M market," states an excerpt from the announcement.
Once nominated, any trader can place bets on these assets and, if successful, will be rewarded with future trading bonus vouchers or trading fee discounts.
If the token is successfully listed, a 1.2 multiplier will come into play. "Consequently, instead of a simple 100 USDT bonus voucher based on a 1:1 ratio, you will receive a bonus voucher worth 120 USDT," the note explains.
"The reward vouchers will be distributed within 10 days after the successful listing of the predicted tokens."
The note also clarifies that Futures Next is not a voting platform and that the team will continue to use the current process for asset listings.
"Futures Next operates independently from the Binance listing process, focusing on rewarding accurate market predictions rather than influencing token listings," it concluded. #TrendingTopic #Launchpool