cryptobro
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I’m not that bearish but we might see a wick this weekend. Fundamentally might be needed to take some liquidity before we can go higher and normal market behaviour. Seeing resistance here and the big bear case is down to lows again before a big breakout. Holding for the long term. #cryptobro
The people have spoken and $POL is moving on in the #cryptobracket . I must say I’m a little surprised the degens didn’t win. Who will be voted the best #altcoin for the bullrun? #cryptobro
Miranda Criptos:
Uma barra compradora monstra dessa vai ser ignorado mesmo só no seu sonho. $ETH bate 4k daqui a pouco.
$ETH has a very clear rejection from the trend and will need to show sign of strength and not exhaustion #cryptobro
Next up in the #cryptobracket we have the battle of A.I. Who will perform better in the bull run, $NEAR or $FET ? #cryptobro
NEAR
FET
2 hr(s) left
$ETH is just screaming here. See what happens but looking stressed. #cryptobro
Yasir ali - 804:
It will come down in the next few days
Things are showing strength. We may get a drop down to 85k on $BTC . Cyclically speaking, we should see dominance drop and the other coins run so even if btc drops we will see some more upside, hypothetically. I also believe we are getting into a new age for #crypto so our old beliefs and patterns may not be true anymore. What would that mean? No drop in Dominance and j growth all around, hopefully only the “good “ projects survive. Everything we think we knew about crypto might be changing. #cryptobro
My end state there is only 200 coins so we need to lose about 50000. #cryptobro
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U.today
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Binance Founder CZ Breaks Silence on 'Weird' Meme Coin Cycle
Meme coins are a big deal in the crypto industry at the moment. However, Binance cofounder Changpeng "CZ" Zhao has spotlighted the wild west nature of the ecosystem. Taking to his official X account, CZsaid that though he is not against memes, he claims "meme coins are getting 'a little' weird now."
Meme coin super cycle
The grand meme coin revolution started with Dogecoin (DOGE) but soon expanded to Ethereum and other blockchain protocols. Currently, protocols like Solana have Pump Fun, a meme coin launchpad that makes it easier for anyone to launch meme coins.
I am not against memes, but meme coins are getting "a little" weird now.Let's build real applications using blockchain.
— CZ 🔶 BNB (@cz_binance) November 26, 2024
card
LikePump Fun, the Tron ecosystem also has Sun Pump, with other layer-1 outfits looking to get in the game. The explosion in meme coin adoption has helped Solana achieve an impressive transaction count milestone over Ethereum.
To CZ, these meme coins are derailing the market from the general goal of blockchain technology. In offering his recommendation, he said that now that the weirdness is visible, it is time to "build real applications using blockchain."
The CZ post has garnered many reactions, with community members attesting to the weirdness in the sector. One commenter, @IncomeSharks, noted that memes "went from being fun, then being funny, to being extremely weird and desperate."
Promising projects recommits
The backlash for the meme coin ecosystem partly stems from abusing the Pump Fun launchpad’s livestream feature. Meme coin launchers have been committing online offenses to pump liquidity into their tokens.
Amid this backlash, Shiba Inu lead developer Shytoshi Kusama has recommitted to staying ahead of the pack.
card
Already, Shiba Inu has proven its affinity for building with the launch ofShibarium, an Ethereum L2, to develop usable applications. Beyond SHIB, other projects, including BONK andPEPE, have grown a dedicated community that has earned them a huge market capitalization.
With the growing call, it remains to be seen what the future holds for the meme coin ecosystem or whether the longevity of established projects will be retested.
Meme coin super cycle
The grand meme coin revolution started with Dogecoin (DOGE) but soon expanded to Ethereum and other blockchain protocols. Currently, protocols like Solana have Pump Fun, a meme coin launchpad that makes it easier for anyone to launch meme coins.
I am not against memes, but meme coins are getting "a little" weird now.Let's build real applications using blockchain.
— CZ 🔶 BNB (@cz_binance) November 26, 2024
card
LikePump Fun, the Tron ecosystem also has Sun Pump, with other layer-1 outfits looking to get in the game. The explosion in meme coin adoption has helped Solana achieve an impressive transaction count milestone over Ethereum.
To CZ, these meme coins are derailing the market from the general goal of blockchain technology. In offering his recommendation, he said that now that the weirdness is visible, it is time to "build real applications using blockchain."
The CZ post has garnered many reactions, with community members attesting to the weirdness in the sector. One commenter, @IncomeSharks, noted that memes "went from being fun, then being funny, to being extremely weird and desperate."
Promising projects recommits
The backlash for the meme coin ecosystem partly stems from abusing the Pump Fun launchpad’s livestream feature. Meme coin launchers have been committing online offenses to pump liquidity into their tokens.
Amid this backlash, Shiba Inu lead developer Shytoshi Kusama has recommitted to staying ahead of the pack.
card
Already, Shiba Inu has proven its affinity for building with the launch ofShibarium, an Ethereum L2, to develop usable applications. Beyond SHIB, other projects, including BONK andPEPE, have grown a dedicated community that has earned them a huge market capitalization.
With the growing call, it remains to be seen what the future holds for the meme coin ecosystem or whether the longevity of established projects will be retested.
Just doing a little look at the charts, I see a 20% downside and multiple times upside from here. Readjust if or when we hit that level. 1 unit now, -10% 2 units , -20 % 2 units. -30% 2 units . I will use a Dca plan like this. 1unit would be 1/100 of total trading pool. $BTC #cryptobro
$SHIB update . Battling this trend line . Still room for over more down swing but looks primed, price target would be insane. #cryptobro
CryptoMinnow:
When you see these hanging flags on the weekly it’s usually bullish that there is no selling pressure down.
The Trump Special society of tokens is $XRP $XLM $HBAR $ADA and $DOGE . There is rumours floating of them meeting and having and inside line with the next president. Probably on the outside looking is world coin. #cryptobro
Pulled out the old $ATOM chart. You can see the major breakdown in the trend and that was then you know it’s probably over. Going to extend that line and see what the upper side of this run can be. Just a premise for now but going to keep it in mind. Average on atom around 5. Seeing the top here around 20. We almost hit 10 yesterday. And hypothetically we want to see it burst through this and get back on trend. #cryptobro
qianya:
还不如波卡了
First red day, I bet there are a lot of nerves today. I’m taking a breath and staying convicted in my trades. Not much retail here yet, seeing a big inflow, who would it be? Probably big institutions who were offside because they faded #crypto for so long. Seeing crypto searches pick up so there should still be more to come and these levels still should be early for gains in this run. Retail, didn’t pump a trillion into crypto in the last month or however much we have gone up, but it’s a lot. This will be the first cycle we really could have a constant buying pressure from institutions and the corporate side, giving us a better base and less volatility. Pick top coins, hold them for a while and sell them for gains. That’s the best model I have found for gains. Next Friday is Black Friday and it could be interesting but I’m staying bullish and see more up. #cryptobro
CryptoMinnow:
Stonks
Well $WBTC just showed us the bottom. You won’t always get that indicator but hey, they closed the gap for us so who is to complain. If I’m not mistaken that was the bottom cme gap. Quite the wick there😂 #cryptobro
CryptoMinnow:
Because it was a new chart I think it was just a function and probably wasn’t filling anyone. Essentially clearing the chart, probably showing we never go there actually.