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🎈How Crypto Airdrops Work🎈
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Crypto airdrops are promotional events where a cryptocurrency project distributes a specific amount of its tokens or coins to a targeted audience for free. The primary goal is to generate buzz, build a community, and increase adoption. Here's how they typically work:

1. Eligibility: Airdrops often target specific groups, such as:
- HOLDERS: Existing holders of a particular cryptocurrency.
- FOLLOWERS: Social media followers of the project.
- USERS: Active users of a specific platform or service.
2. Registration: Interested participants register for the airdrop by providing their cryptocurrency wallet address and other required information.
3. Token distribution: The project distributes a predetermined amount of tokens to eligible participants, usually via a smart contract.
4. Conditions: Some airdrops may require participants to complete specific tasks, such as:
- Following social media accounts.
- Sharing posts or content.
- Completing surveys or quizzes.
- Referring friends.
5. Token utility: Airdropped tokens can be used for various purposes, such as:
- Trading on cryptocurrency exchanges.
- Participating in the project's ecosystem (e.g., staking, governance).
- Accessing exclusive services or features.

Airdrops can benefit both the project and participants:

- Projects gain exposure, build a community, and stimulate engagement.
- Participants receive free tokens, potentially valuable, and get introduced to new projects.

However, be cautious of scams and always research the project thoroughly before participating in an airdrop.

PEPE Reports Over 50% Gain in 30 Days: What’s Next?

PEPE has shown impressive price growth, increasing by 6.47% in the last 24 hours and by 51.28% over the past 30 days.
Trading volume for PEPE surged by 20.78% to $1.65 billion, driven significantly by activity on OKX and Bitget exchanges.
Open interest in PEPE rose by 4.06% to $140.63 million, indicating heightened market speculation and participation.
PEPE’s current trading price stands at $0.00001314, showing a notable 6.47% increase over the past day alone. This uptrend is part of a broader bullish trend for PEPE, with its price skyrocketing by 51.28% over the past 30 days, highlighting its strong performance in the market.

In addition to its price gains, PEPE has defied the overall market trend which has been largely bearish. Despite downward pressure attributed to factors such as the upcoming Consumer Price Index (CPI) report and Federal Reserve meetings, PEPE has continued to attract attention and investment.

This resilience is underscored by a surge in trading volume, which has risen by 20.78% to reach $1.65 billion within 24 hours. Major exchanges like OKX and Bitget have notably contributed to this trading volume, further emphasizing PEPE’s current market momentum.

Moreover, open interest in PEPE has also experienced an increase of 4.06%, now totaling $140.63 million. Open interest serves as an indicator of market speculation and participation, suggesting growing confidence and activity surrounding the meme coin.

Analysts attribute PEPE’s recent rally to heightened speculative trading, increased community engagement, and strategic investments made in anticipation of future market movements. With the current bullish sentiment surrounding PEPE, there is optimism that its upward trajectory could continue, particularly if the broader market stabilizes following key economic reports and meetings ahead.
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ChatGPT-4o predicts Bitcoin price as U.S. CPI inflation cools

Bitcoin (BTC) gained $1,500 in seconds as the May print of the Consumer Price Index (CPI) showed inflation cooling faster than expected.

The most awaited U.S. Consumer Price Index (CPI) data today revealed that inflation remained unchanged at 0.3% in May, surpassing market estimates.

Notably, market watchers were eagerly anticipating this crucial inflation data for insights into the current economic health and the potential stance of the U.S. Federal Reserve with their policy rate plans.

The cooling inflation figures have significantly boosted market sentiment, causing Bitcoin and other altcoins to surge. Following the CPI data release, Bitcoin surged 3.60%, reaching $69,411.30.

Altcoins like Ethereum (ETH) and Solana (SOL) also saw substantial gains, rising nearly 3% and 4%, respectively. This positive market reaction underscores the critical role of inflation data in shaping investor expectations and market dynamics.

ChatGPT-4o Bitcoin price prediction
With the upcoming Federal Open Market Committee (FOMC) meeting, traders and investors are keenly focused on potential interest rate decisions. In this context, Finbold provided technical analysis and market projections to ChatGPT-4o for a one-month BTC price prediction.

This period is chosen to capture the immediate aftermath of the FOMC meeting and the typical short-term market response to significant economic events.

Considering the cooling CPI data and its impact on market sentiment, ChatGPT-4o forecasts a favorable environment for Bitcoin.

If the FOMC maintains the current rates, Bitcoin is likely to trade between $70,000 and $73,000. However, in the less likely scenario of a rate cut, Bitcoin could see more pronounced gains, trading between $73,000 and $75,000
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XRP Will Hit $250 In This Market Cycle

Steingraber mentioned in an X (formerly Twitter) post that XRP will reach $250 by 2025, which he believes will represent the market top for the crypto token in this bull run. He made this prediction while stating that Bitcoin and Ethereum will hit $250,000 and $25,000 in 2025, which will also be their market top.
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Steingraber has previously provided several reasons why he is so bullish on XRP and believes the crypto token could attain such heights. He once alluded to a potential XRP ETF as one factor that could trigger significant price surges for XRP. He explained that an XRP ETF would give the crypto token an added utility as fund issuers for the XRP ETFs will direct their assets into an institutional liquidity hub.

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He believes an XRP ETF will drive more demand for the crypto token, ultimately driving up its price when a supply shock occurs. Steingraber also believes that the Securities and Exchange Commission’s (SEC) lawsuit against Ripple is one of the factors suppressing XRP’s price up until now.

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He had earlier claimed that XRP’s price wasn’t going up because new money wasn’t flowing into its ecosystem and affirmed that the crypto token would likely see an influx of new money once the SEC’s case against Ripple is over. Steingraber isn’t the only one who believes that XRP’s price could skyrocket and climb to three figures once the lawsuit ends.

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Crypto analyst JackTheRippler also predicted that XRP would rise above $100 once the case ends. The analyst even gave a more bullish prediction than Steingraber’s, stating that XRP hitting $10,000 was achievable after the lawsuit. Crypto analyst CryptoBull also predicted that XRP could reach three figures, rallying 28,900% to $154.
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Here's when XRP will hit $5, according to ChatGPT-4oHere's when XRP will hit $5, according to ChatGPT-4o

Catalyst behind XRP’s push to $5
ChatGPT-4o acknowledged that historically, XRP reached its peak of approximately $3.84 in January 2018 but has since experienced notable volatility without revisiting such highs.

Regulatory developments, particularly the outcome of the Securities Exchange Commission (SEC) lawsuit against Ripple Labs, significantly influence XRP’s price. ChatGPT-4o noted that a favorable resolution could instill confidence among investors and drive the price upward.

Furthermore, increased adoption of Ripple’s technology by financial institutions and broader utilization of XRP as a bridge currency could positively impact its price. Market trends, often influenced by Bitcoin’s performance, play a pivotal role in shaping the trajectory of altcoins like XRP.

When will XRP hit $5?
Assuming favorable regulatory outcomes, heightened adoption rates, and a bullish market trend, ChatGPT-4o suggested that XRP could potentially achieve the $5 mark during the next major bull run, which historically occurs every three to four years. Considering these factors and the current market landscape, it appears plausible to anticipate XRP hitting $5 around the year 2025 or 2026, provided favorable conditions XRP price analysis
At the time of reporting, XRP was trading at $0.50, showing signs of recovery from the flash crash experienced on June 7. Over the past 24 hours, XRP has seen nearly a 1% increase, while on the weekly chart, the token has declined by almost 4%In the meantime, for XRP to reach $5, the token needs to reclaim $1, as any #TopCoinsJune2024
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India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto

India's election results are underwhelming for Prime Minister Narendra Modi's ruling party.

If Modi is able to persuade his allies to stay, the government will continue, albeit with less power.

Crypto was at best a negligible issue for voters and certainly not a political talking point during campaigning in the world's largest democracy.

India's voters sprung an election surprise on Prime Minister Narendra Modi's party, awarding it a smaller share than forecast in preliminary results, sending stock markets crashing and likely pushing crypto legislation further into the future.

While Modi's Bharatiya Janata Party (BJP) and its allies are poised to return to power, they didn’t hit the supermajority mark of 370 plus seats in India’s 543-seat lower house of parliament, which they predicted. In fact, the BJP alone did not hit the halfway mark of 272, which it had comfortably crossed in the 2019 election. The result hands kingmaking power to his allies, and the opposition led by the Indian National Congress could attempt to lure them away.

On June 1, exit polls had predicted a comfortable victory for the BJP and its allies, resulting in record highs for the country's stock markets. As results trickled in on Tuesday, stocks lost more than $350 billion in value in a matter of hours. The Nifty and the Sensex sank as much as 8.5% at one stage, before recouping some of the declines.

"The election results were a true black swan event that no one saw coming," said Rajagopal Menon, vice president of Indian cryptocurrency exchange WazirX. "In the short term, markets will remain jittery as they despise instability. Once the new government takes office, things should return to normal."
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💹🔥Crypto Analyst PlanB: Bitcoin Set for $100,000 Surge, $500,000 Long-Term Target

👑Cryptocurrency analyst, PlanB has identified a developing trend in the Bitcoin cycle following the recent halving event. In a video upload, PlanB used multiple chart indicators, including his proprietary Bitcoin Stock-to-Flow model (S2F), to compare BTC’s trend with past bull cycles.

Using the S2F model, PlanB demonstrated that Bitcoin is primed for the next leg of the bull run, having completed an initial phase shortly after last April’s halving event. Per the analysis, closing last month slightly above $67,000 confirms the start of the new cycle. The analyst predicts Bitcoin will surge similarly to the previous halving cycle, forecasting a $500,000 target for the flagship cryptocurrency in the upcoming bull cycle.

Meanwhile, PlanB shared details of the Bitcoin Market Cycle indicator, confirming the market has entered a bull cycle. However, he advised his followers to remain patient until the price begins to rise rapidly. Similarly, he noted a Relative Strength Index (RSI) increase that resembles the indicator’s performance ahead of the 2012 bull run. PlanB highlighted that the RSI signal is in an early stage and provides valuable information to traders.

Continuing his analysis, PlanB posted the Bitcoin 200 Week Moving Average (WMA), showing it is in a rising trend that he expects to continue. The analyst showed how the 200 WMA trend coincides with a bull market signal to confirm the potential Bitcoin surge. He believes that the signal is enough to push Bitcoin to $100,000 soon.

Using the Bitcoin Realized Price indicator, PlanB further supported his bullish prediction for Bitcoin. He compared the indicator’s trend with historical data, showing that its current level suggests the imminent start of a Bitcoin rally. He used the indicator’s behavior to predict Bitcoin would not drop below $64,000 before embarking on the expected price increase.
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🚀🚀The DOG•GO•TO•THE•MOON (DOG) cryptocurrency has surged as much as 14% over the past 24 hours.

According to CoinMarketCap data, its valuation currently stands at $886 million. This comes less than two months after the meme coin was airdropped to the holders of the Runestone Bitcoin Ordinal in late April.

One of the hottest meme coins has also seen a 65% jump in trading volume over the past 24 hours. It is so far available only on such minor exchanges as Gate.io and Bitget.

As reported by U.Today, DOG's success has managed to revive interest in Runes Protocol, a new token standard that allows creating fungible tokens on the biggest blockchain.

Runes Protocol, which went live right after the halving event, initially managed to generate a lot of enthusiasm while pushing Bitcoin fees significantly higher. However, this hype started to wane quickly. Now, it is benefiting from the ongoing meme coin bonanza, with DOG leading the charge.

Ordinals developer Leonidas recently suggested that Satoshi Nakamoto himself might be aware of the ongoing meme coin hype.

If DOG manages to join the ten-digit club, it will be among such well-established meme coins as Solana-based BONK, Floki, and Pepe.

Dogecoin and Shiba Inu are the two biggest cryptocurrencies by market cap ($23.1 billion and $14.5 billion, respectively). That said, Leonidas recently suggested that DOG might be undervalued. "An $825M market cap for $DOG is an absolute joke. SHIB on Ethereum has a market cap of $15B. Bitcoin is 3x the size of Ethereum. Do the math," he said on the X social media network.
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⚠️Attention Alert Alert Big News for binance user ⚠️

⚠️💹Attention! New Method from Hackers! This is How 1 Million Dollars of Binance User Was Stolen! Here are the Details

Binance users are being warned about possible security breaches after reports emerged that accounts were compromised due to a Google plugin called Aggr, promoted by Key Opinion Leaders (KOL).

Binance Users Warned About Security Breach Via Google Plugin Aggr
The plugin has been linked to many cases of significant theft of funds from user accounts.

A Chinese Binance user reported having $1 million stolen after using the Aggr plugin. The funds were stolen through cross-trading mechanisms, indicating a sophisticated attack.

Hackers use compromised cookies to bypass standard security measures such as passwords and two-factor authentication (2FA). This method allows unauthorized access to users' Binance accounts, allowing the theft of significant amounts of money.

Binance users are strongly advised to avoid downloading and using unverified third-party add-ons, especially those promoted through KOL channels.

Users should remain vigilant and monitor their accounts for unusual activity. Regularly updating security protocols and ensuring robust 2FA can provide an additional layer of protection.

Suspicious activity or possible violations should be reported to Binance support for immediate action.

Recent breaches underscore the importance of cybersecurity in the rapidly evolving digital asset landscape. While Binance and other platforms work to protect users, the community is called on to adopt best practices for online security.

*This is not investment advice.
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This Week in Crypto Games: 'Notcoin' Hits $1 Billion, 'Hamster Kombat' Token, Tickle-to-Earn

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in!

Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games.

Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few of our original stories from the week.

Biggest news
Notcoin surges: Telegram-based clicker game Notcoin (NOT) reached a $1 billion market cap last week, according to CoinGecko. This came after it surged 50% following the launch of “earnings missions” that enabled players of the game to passively earn crypto rewards.

The viral clicker game had tens of millions of users fervently tapping a digital gold coin to earn crypto ahead of its token launch. When NOT launched on The Open Network, it immediately became the largest crypto gaming token launch of 2024. Now it's one of the top 100 coins on the planet.

Hamster Kombat token: Another Telegram-based game that closely mirrors Notcoin's approach, Hamster Kombat, announced Friday that it will launch its own token on The Open Network. No timeline has been set for the launch or the planned airdrop to players.

While built around the same kind of tap-to-earn premise, Hamster Kombat takes the theme of putting players in charge of a crypto exchange, letting you grow your empire by investing in upgrades, marketing, and more over time. And all of those earned coins should convert into a token airdrop in time.

Tickle-to-earn: Aptos, a layer-1 blockchain network, logged two consecutive days of huge daily transaction tally gains—totaling over 115 million transactions in one day—all thanks to a “tickle-to-earn” cat game.
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Here are some common trading profit strategies used on Binance:

1. *Day Trading*: Buy and sell cryptocurrencies within a single trading day, taking advantage of short-term price movements.
2. *Swing Trading*: Hold positions for a shorter period, usually a few days or weeks, to profit from medium-term price movements.
3. *Long-Term Investing*: Hold cryptocurrencies for an extended period, riding out market fluctuations to profit from long-term growth.
4. *Range Trading*: Identify a range in which a cryptocurrency is trading and buy/sell based on expectations of price movements within that range.
5. *Breakout Trading*: Buy/sell when prices break through established resistance/support levels, anticipating continued price movement in that direction.
6. *Trend Following*: Identify and follow the direction of market trends to profit from sustained price movements.
7. *Arbitrage*: Exploit price differences between two or more markets to profit from the spread.
8. *Diversification*: Spread investments across multiple cryptocurrencies to minimize risk and maximize potential gains.
9. *Leverage Trading*: Use borrowed funds to amplify potential gains (but also increases potential losses).
10. *Technical Analysis*: Use charts and indicators to identify patterns and predict price movements.
11. *Fundamental Analysis*: Research a project's underlying value, news, and market trends to estimate its potential.
12. *Scalping*: Make a large number of small trades in a short period to take advantage of small price movements.

Remember, each strategy carries unique risks, and it's essential to understand and adapt them to your individual trading style and risk tolerance. Always do your own research and consider consulting a financial advisor before making investment decisions.
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👑👑JasmyCoin Hits New High, Nears Key $0.037 Resistance: Will It Hit $0.30 in June?🚀🚀

🚀JasmyCoin surged 71% this week, hitting a new peak of $0.036.
Technical signs hint at a potential peak near resistance at $0.037.
A correction may follow, with the next support at $0.024.
JasmyCoin has seen a remarkable surge in price, climbing nearly 71% in the past week and achieving a new yearly peak of $0.036, a 696% yearly surge. This notable increase positions JasmyCoin as the week’s top performer in the cryptocurrency market, where it now ranks 59th by market capitalization.
🚀Market Dynamics and Price Movement

Since the beginning of 2024, JasmyCoin has shown significant bullish momentum. The cryptocurrency formed a higher low in July and accelerated its gains, leading to a previous high of $0.027 in March. After a period of correction over two months, the price initiated another robust climb, culminating in today’s peak.

Currently, JasmyCoin is nearing a critical resistance point at $0.037. This level has been a significant barrier since early 2022, and the price’s approach signals a potential inflection point for future movements.

However, technical indicators hint at emerging weaknesses. Notably, bearish divergences in the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) suggest that while the trend remains bullish, a peak may be imminent.
🚀Implications of Current Trends

Should JasmyCoin reach the anticipated top near $0.037, a substantial correction could follow. The next significant support level is established around $0.024, marked by previous yearly highs. Hence, investors and traders should monitor these technical levels closely as they will play crucial roles in JasmyCoin’s price trajectory in the coming months.
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⚠️Shiba Inu Alert⚠️
🔥🔥Shiba Inu Warns SHIB Holders Against Investing in Celebrity-Led Crypto Projects🔥

🚀🚀The team behind the Shiba Inu ecosystem warns its community members to be wary of new crypto projects launched by celebrities.

Shiba Inu marketing lead Lucie conveyed the warning via an X post titled “Crypto and Celebrities.” In the post, Lucie admitted to being initially captivated by celebrities’ recent involvement in crypto due to her love for musicians and celebrities.
However, after conversing with a friend and her recent analysis of X posts, she recognized the need to conduct due diligence on celebrity-led projects.

According to Lucie, while seeing popular celebrities get involved with crypto is exciting, it is imperative to understand that not all their ventures are trustworthy. The Shiba Inu marketing expert asserted that most of these celebrities have questionable behavior.

Nonetheless, she noted that even though some new crypto entrants may be genuine, SHIB enthusiasts must remain wise and vigilant.

Tips to Stay Safe
Interestingly, the marketing expert issued two pieces of advice that could protect members of the Shiba Inu community from incurring losses via celebrity-led crypto projects.

First, she highlighted the importance of DYOR, a popular crypto acronym that implies “Do Your Own Research.” This suggests that investors should conduct due diligence and adequate research on a project before investing.

DYOR involves analyzing everything about a project before investing. It requires investigating the background of the project’s founders to determine their credibility.

Lucie recommended that Shiba Inu enthusiasts invest responsibly. This entails investing a small amount of capital that an investor can afford to lose if things don’t go as planned.

“Just because someone makes music you love doesn’t mean they know crypto well. This is a friendly reminder for all of us, including myself,” she remarked.
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🚀🚀Urgent update about Pepe 🚀🚀
🔥👑Pepe Feels Lonely in Green as Crypto Market Experiences Pullback🎉🎉

Pepe (PEPE) is currently the only cryptocurrency in the green among the top 20 biggest coins, according to data provided by CoinMarketCap. It is up by a mere 0.91%, but this allows it to stand out in a sea of red.

The red-hot meme coin has raced above Litecoin (LTC), with its market cap surpassing $6 billion.

Meanwhile, Shiba Inu (SHIB) is one of the biggest laggards in the top 20. After slipping by 4% over the past 24 hours, it has dropped out of the top 10. It is now below Toncoin (TON) and Cardano (ADA).

For comparison, Dogecoin (DOGE) is also down 3% despite strong buying activity from whales.

The Near Protocol (NEAR) is the worst-performing coin in the top 20, slipping by more than 4%.

Pepe's big month
According to data provided by IntoTheBlock, a staggering 96% of all Pepe holders are in profit. It has managed to become the most profitable bet among major meme coins.

On May 27, the meme cryptocurrency reached a new all-time high of $0.00001717. It slipped more than 12% since that headline-grabbing peak.

Pepe has now come a long way since entering the top 100 for the first time in May 2023. Despite growing competition in the meme coin sector, it has become the third-biggest meme coin with a valuation of over $6.3 billion.

Meanwhile, Polymarket users are betting on whether Pepe will manage to beat Solana-based dogwifhat to reach $10 billion first.
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