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🪙 Crypto News (May 23, 2024): 1️⃣ Lookonchain: An anonymous investor earned over $3.4 million through investments in the meme coin Pepe Coin (PEPE). Experts report that on April 15, 2023, this trader bought 324.9 billion #PEPE for 0.22 ETH (worth $462 at the time). On May 21, 2024, they sold 182.9 billion PEPE for $3.4 million. This impressive move increased their investment by 7368 times in just over a year. 📈💰 2️⃣ The Block: Matter Labs, the company behind the EVM-compatible layer-two solution zkSync, plans to hold a #TGE this week. The token launch and airdrop are set to occur within 30 days following the TGE. The total supply of the new tokens will be 21 billion. Asset distribution is scheduled for June 13, and the company has emphasized that this airdrop will take place before a similar event by Blast, planned for June 26. 📅📦 3️⃣ Notcoin: The Web3 gaming project Notcoin has announced a new competition with a total prize pool of 20 million NOT, valued at approximately $100,000. The Notcoin team is launching the #NOT ART contest, inviting all "non-artists" — those who don't fit the traditional art mold — to participate. 🎨🏆 4️⃣ deBridge: The EVM-compatible cross-chain protocol deBridge has launched its governance token DBR. The total issuance of #DBR coins on the Solana SPL standard will be 10 billion, with an initial market supply of 1.8 billion. The community will receive 20% (2 billion DBR) through an airdrop. The development team will receive another 20%, and 17% will be allocated to strategic partners. 🌉🔗 5️⃣ Circle: #Circle has announced a new media campaign titled "Money Is Now Open". The campaign aims to promote greater transparency and openness in the financial sector for everyday users. 💵🔓 👍 If you haven't subscribed yet, please do so, leave a like, or comment below!

🪙 Crypto News (May 23, 2024):

1️⃣ Lookonchain: An anonymous investor earned over $3.4 million through investments in the meme coin Pepe Coin (PEPE). Experts report that on April 15, 2023, this trader bought 324.9 billion #PEPE for 0.22 ETH (worth $462 at the time). On May 21, 2024, they sold 182.9 billion PEPE for $3.4 million. This impressive move increased their investment by 7368 times in just over a year. 📈💰

2️⃣ The Block: Matter Labs, the company behind the EVM-compatible layer-two solution zkSync, plans to hold a #TGE this week. The token launch and airdrop are set to occur within 30 days following the TGE. The total supply of the new tokens will be 21 billion. Asset distribution is scheduled for June 13, and the company has emphasized that this airdrop will take place before a similar event by Blast, planned for June 26. 📅📦

3️⃣ Notcoin: The Web3 gaming project Notcoin has announced a new competition with a total prize pool of 20 million NOT, valued at approximately $100,000. The Notcoin team is launching the #NOT ART contest, inviting all "non-artists" — those who don't fit the traditional art mold — to participate. 🎨🏆

4️⃣ deBridge: The EVM-compatible cross-chain protocol deBridge has launched its governance token DBR. The total issuance of #DBR coins on the Solana SPL standard will be 10 billion, with an initial market supply of 1.8 billion. The community will receive 20% (2 billion DBR) through an airdrop. The development team will receive another 20%, and 17% will be allocated to strategic partners. 🌉🔗

5️⃣ Circle: #Circle has announced a new media campaign titled "Money Is Now Open". The campaign aims to promote greater transparency and openness in the financial sector for everyday users. 💵🔓

👍 If you haven't subscribed yet, please do so, leave a like, or comment below!

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📈 Prediction (TON and SOL): 😘 TON/USDT - #Toncoin is attempting to break above a key resistance level. This time, the breakout might be successful as investors are showing bullish sentiments, preferring to hold onto their assets rather than take profits. According to the active deposits on exchanges metric, active deposits of #TON have reached a two-month low. This indicates that holders are expecting a price increase. Forecast: The last time the price of Toncoin surpassed the $6.5 barrier, it rose to $7. Although the altcoin was unable to sustain above this level, it confirmed it as a critical resistance and support level. If the next breakout attempt succeeds, TON is likely to reach a new high and head towards the next resistance at $7.67. However, failure to hold above the key level will send the price of Toncoin back to $6.0. If this support is also lost, the altcoin is expected to drop to $5.4. 😍 SOL/USDT - The price of Solana's token has fallen to $166 at the time of writing, dropping below the critical mark of $169. This has intensified the bearish sentiment. Additionally, the altcoin has a very high correlation (0.93) with Bitcoin. This can be both an advantage and a disadvantage for SOL. A BTC rally benefits Solana. However, if BTC declines, #SOL may also be at risk. Currently, the latter scenario seems more likely. This is because Bitcoin recently lost its critical support at $68,500 and may continue to fall. Forecast* The price of Solana may either stabilize or drop to a low of $156, and from there head towards $137. However, if the overall market signals turn positive and Bitcoin's price recovers, #Solana could also benefit. This could counteract the current bearish sentiment for SOL and lead to consolidation between $169 and $156. Market optimism could eventually lead to a breakout above $169 and a rise to $200, nullifying the bearish scenario. 👍 Please share this review with others!
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