🐸 Memecoin Whale’s Patience Ended: Months Later, He Disposed of It All With 976 Percent Profit
While the cryptocurrency market is in a general upward wave today, it was noteworthy that a whale made a large amount of profit from a popular memecoin.
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According to Onchain data, a giant PEPE whale deposited a large amount of PEPE tokens to Binance. Although it is not possible to determine with certainty whether the deposit is for sale or not, considering that the whale has been storing its tokens in a cold wallet for a long time, it is highly likely that this transaction is for sale.
The PEPE whale in question purchased 365.96 billion tokens on the cryptocurrency exchange MEXC on December 13 and 16, 2023, which corresponded to 494 thousand dollars at that time.
Balina wallet transferred the same amount of PEPE tokens to Binance in its deposit today. This time the value of the tokens was $5.3 million. In other words, the whale wallet turned 494 thousand dollars into 5.3 million dollars in less than 6 months.
The total profit amount of Balina wallet was 4.82 million dollars and the profit rate was 976%. Although the PEPE price has fallen by approximately 8% in the last week, it has seen an impressive rise of 65% in the last month.
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I hope everyone of you got some amount from it by staking $BNB or $FDUSD .
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so let's Talk about it price prediction for the month of June 🛑
currently it's trading above $4 at the time of writing . it's is almost increased 7636% 💹 but Soon we will see a drop in it because those who got it in Airdrop
they've start selling and price will go below $4 even $3.5! but after correction we will see a good increase In it !
For now in the end of this month it will be traded between $3 to $3.5.
🚀 Blum Community in Telegram Becomes Fourth Largest in the World by Number of Subscribers
Blum, recognized as one of the most promising and discussed crypto projects, has reached another important milestone in social media development. Recently, it was announced that the Blum community on Telegram surpassed 9.8 million subscribers and is rapidly approaching 10 million.
According to “blumies” themselves, this number has placed them in the 4th position by the number of subscribers on Telegram. It is also known that besides the main community, Blum supports 19 additional communities in various languages.
The popularity of Blum is hard to overestimate: the project by former Binance executives in Russia and the CIS, Gleb Kostarev and Vladimir Smerkis, is considered one of the most “hyped” this year.
According to the founders, Blum is expected to cause a stir in cryptocurrency trading, offering clients a completely new user experience. It is also known that Blum is on the list of the most promising projects of the latest Binance Launchpad. Currently, Blum attracts new users through an actively promoted farming program.
Users can send invites to their contacts to expand their referral network. Additionally, users should remember that the referral network is not the only way to accumulate points. Launch the Blum app daily to complete tasks and earn rewards
😱🚀🚀2 Altcoins with big breakout potential under $1
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Cardano is a top pick for the bull run
Cardano (#ADA ) is an open-source, peer-to-peer blockchain praised for its speed, scalability, efficiency, and developer-friendly ecosystem groomed for builders to build innovative web3 dApps. Cardano ($ADA ) employs a proof of stake protocol known as Ouroboros, one of the first successful blockchain protocols based on peer-reviewed research. Cardano (ADA) serves the purpose of governance and is instrumental in facilitating peer-to-peer blockchain transactions on the network.
Recently, experts have speculated that Cardano (ADA) is poised to surge to $0.49, based on their prediction on key metrics that put it among the altcoins seeing momentum in the bull run. However, Cardano (ADA) currently trades at $0.43, ranking 11th in the crypto market according to Coingecko.
$DOGE : Memecoins are still the best altcoins? #DOGE is a meme coin that started as a joke payment but transitioned into one of the most formidable altcoins by developing inherent value. The meme coin was able to do this by expanding its ecosystem into the defi sector and developing several Dapps like Dogechain, a layer 2 scaling protocol, and a web3 noon-custodial wallet.
Dogecoin has also gained added recognition and adoption in the blockchain industry leading up to the bull run. In March 2024, Coinbase derivatives, an arm of US-based exchange Coinbase, announced the launch of a Dogecoin futures product.
Further, Dogecoin has gained support from Tesla CEO Elon Musk, who recently integrated the memecoin into its website as a supported payment option. According to Coingecko, Dogecoin ($DOGE ) currently ranks 9th in the crypto market and exchanges hands at $0.14.
We have written about this several times, but let’s discuss about it for the sake of our new followers and friends out there
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$IO has pumped over 6000% and it is currently trading at $3.69
If you want to buy IO for long term hold then this is not the best time for you to buy into it
Remember, any project that pumps over 6000% must dump down to
5000%
3000%
1000%
500%
300%
100%
50%
-10%
If you buy now, what would be your fate by the time it has dumped down to -10% ?
Right now its all pump and pump, and everyone is excited but soon whales and investors would start selling off so they can buy back cheaper and by then you have already bought the top and you have been used to pump their bags and as exit liquidity Give the market time to get stable, let the pressure calm down a bit
Believe us, investors and whales would sell off at huge profits just so they can buy back cheaper If you buy now, you might not be happy in the next 2-3 days
Even if the market pumps to $4, we must surely see some dips and dumps, so be careful Please be patient
Not a financial Advice 🐈
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We are dropping a post on the ongoing Airdrops that can earn you a reasonable amount of money today, see you over there
📣 2 Cryptocurrencies to Reach $25 Billion Market Cap in the Second Half of the Year
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The cryptocurrency market remains volatile, heavily influenced by broader economic factors. Recent U.S. job growth data exceeded expectations, indicating the economy is coping well with higher interest rates.
🔸Dogecoin ($DOGE )
Dogecoin's (DOGE) current market cap stands at $21 billion. Recently, the price of Dogecoin dropped below $0.15 for the first time in June 2024 due to severe bearish pressure. However, recent blockchain activity suggests this decline might be temporary.
Significant whale activity has been observed on the Dogecoin blockchain. Crypto analyst Ali Martinez reported over 150 DOGE transactions, each worth over $1 million, in a single day. This surge in whale transactions, the highest since mid-April, indicates that major investors are acquiring Dogecoin at current prices, setting the stage for a potential price recovery.
Although the meme coin sector has faced intense selling pressure, technical analysis projects DOGE could surpass $1 per coin. Despite a recent 7% decline in value on the weekly chart, Dogecoin’s substantial market cap and strong community support could drive it towards the $25 billion mark.
🔸Toncoin ($TON)
Unlike broader market trends, Toncoin, a Layer-1 cryptocurrency closely linked to Telegram, has rallied by over 6.5%. As of now, Toncoin is trading at $7.18, with a market cap of $17.4 billion and trading volumes exceeding $354 million.
This surge follows Telegram’s announcement of a new in-app currency, Stars, linked to Toncoin. Stars will facilitate the purchase of digital goods and services across all mini-apps on Telegram, creating a crypto-backed ecosystem. Users can purchase Stars with fiat currency or directly within Telegram, using them to buy digital products within Telegram mini-apps.
1. Log in to your Binance account. 2. Click on "Exchange" in the top menu. 3. Select the cryptocurrency you want to convert from (e.g., Bitcoin) and the cryptocurrency you want to convert to (e.g., Ethereum). 4. Enter the amount you want to convert. 5. Review the conversion rate and fees. 6. Click "Convert" to complete the transaction.
Steps for Conversion on Binance Mobile App:
1. Open the app and log in. 2. Tap "Convert" on the bottom menu. 3. Select the cryptocurrency you want to convert from and the cryptocurrency you want to convert to. 4. Enter the amount. 5. Review the conversion rate and fees. 6. Tap "Convert" to complete the transaction.
Important Notes:
- Ensure you have sufficient funds in your account to complete the conversion.
- Be aware of the conversion fees and rates, as they may vary depending on the cryptocurrencies involved.
Pi Network DeFi is a decentralized cryptocurrency project aimed at generating passive cryptocurrency income for its holders. It features an automatic dividend mechanism that distributes 1% USDT to the community, sourced from token transaction fees.
Supported on the Binance blockchain, Pi Network DeFi’s cryptocurrency, Pi, is tradable with other BEP-20 tokens. The price of Pi is influenced by transaction volume and other trading factors, as well as the network’s burn protocol, which stabilizes the token by periodically burning tokens. Updated Pi prices are available on Binance.
🔥🔥🔥 Is #Ethereum (ETH) Going to Lose $4,000? #Solana at $170: Was It Fakeout? $XRP Remains Stable
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Ethereum appears to be facing challenges near the $4,000 mark, showing a lack of momentum to surpass or even reach this level. Currently, Ethereum is trading within a tightening range, typically indicative of consolidation preceding a potential breakout. Key levels to monitor are approximately $3,900 as resistance and $3,626 as support.
The $3,626 support level has been tested repeatedly, with bullish momentum requiring a decisive breakthrough of the $3,900 resistance. Low trading volumes suggest limited buying pressure. Ethereum's RSI at 65.88 reflects a neutral stance. A breach of $3,626 could lead to a drop towards the 50-day moving average at $3,298, while surpassing $3,900 might drive Ethereum towards $4,000 and beyond.
Solana Nears $170
Solana is approaching the $170 threshold, potentially aiming to surpass it soon. Currently, Solana is trading within a narrow range, with $165.84 serving as immediate support after retracting from $170. Key support levels to monitor are $156.52 and $151.66, historically significant for providing support.
If Solana maintains support above $165.84, it might attempt another push towards $170. However, breaking below $156.52 could indicate a bearish trend, possibly leading to a decline towards $150 or lower.
XRP Exhibits Stability
XRP has demonstrated remarkable stability lately, consistently hovering around $0.52. Currently in a consolidation phase, XRP maintains the $0.50 support level, while resistance levels stand at approximately $0.55 and $0.57.
The moving averages offer additional insights, with the 50-day acting as support and the 200-day and 100-day serving as resistance levels. Consistent trading volumes indicate sustained interest, while the RSI at 51.89 suggests a relatively stable market.