Market is on SALE right now What's the best coin to buy in this situation? Here's my pick :
1. SOL, currently nearing support area at 100, RSI indicator is oversold. If it reaches 100-120 is good area to buy. You can potentially double your portfolio if SOL reaches 200 again
2. ETH, finally you have the opportunity to buy again below 3k. ETH Spot ETF has started trading at Hongkong. Literally the only altcoin that has spot ETF. Institutions money will come sooner or later
3. BTC of course, demands below 60k is HUGE. Once those orders are filled BTC will be unstoppable. Right now post halving we have a lot of miners shorting BTC as hedge. Soon those sell pressure will gone and thus the bull run of 2024 will start
Stay safe, don't panic, always see corrections are opportunity Be greedy when others are fearful!
Usually I sell every Launchpool tokens on listing day but Lista is different Lista is the first Binance project that using new mechanism to prevent devs and VCs to dump their holdings
And this is one of a few Coins that directly invested by Binance labs I predict Lista can potentially to break above 2.1$
If it's trading below 1.5$ it's an opportunity to accumulate And of course don't sell your $BNB New Launchpool and Megadrop will be released in several weeks. Just keep accumulating if it's below 600$
Market is on SALE right now What's the best coin to buy in this situation? Here's my pick :
1. SOL, currently nearing support area at 100, RSI indicator is oversold. If it reaches 100-120 is good area to buy. You can potentially double your portfolio if SOL reaches 200 again
2. ETH, finally you have the opportunity to buy again below 3k. ETH Spot ETF has started trading at Hongkong. Literally the only altcoin that has spot ETF. Institutions money will come sooner or later
3. BTC of course, demands below 60k is HUGE. Once those orders are filled BTC will be unstoppable. Right now post halving we have a lot of miners shorting BTC as hedge. Soon those sell pressure will gone and thus the bull run of 2024 will start
Stay safe, don't panic, always see corrections are opportunity Be greedy when others are fearful!
$BNB Binance just announce they will list Low caps for Launchpools and Megadrop in the near future
It's the best time to accumulate more BNB right now. Altseasons is about to start I will change my strategy to keep holding the qlts I earned through Launchpools and Megadrops
$BTC confirmed a bull flag in weekly pattern! Bitcoin just closed new weekly candle with a breakout over 67.000 After forming a green Hammer candle, a bullish reversal pattern is imminent
Any dip is buying opportunity until it's proven otherwise BTC will remains strong during Q3. A known period of bull in Crypto market
1) $SAGA is a horizontal technology, not a vertical technology. If I want to publish my own game, I don’t need to use SAGA. I can use the SDK to publish my own chain and use my own tokens as gas fees. 2) $DYM TIA COSMOS is a vertical technology. If I publish my own game, I need to use the data layer (DA for TIA), settlement layer (settlement for DYM), SDK (SDK for cosmos), then I use DYM, TIA and Cosmos technology is necessary.
My thoughts on SAGA:
1) I think $SAGA is redundant technology. The games that have been announced on SAGA so far don’t have many followers on their official Twitter. Airdrops may not be valuable.
2) SAGA’s current circulation is 200M, with unlimited printing. This is not like a chip game, but more like a one-sided slaughterhouse. VCs stake without a vesting period and are able to sell their rewards. At current prices, VC is still profitable at nearly 18x. It was listed in April. According to calculations, VCs only need to sell rewards for one month in a row to make back their capital.
3) SAGA's current airdrop is itself, which may cause the price to drop, and requires loyalty, encouraging people to stake rather than sell. This is more of a scam, making investors an ATM. 4) There are differences within SAGA’s team.
5) Anyone can say they are an adviser to Biden, but whether to do so publicly is another matter. I don't believe in the identity of the CEO, Rebecca Liao.
6) The team established a rat position and they had no funds to protect the market. SAGA will be in shock for at least 2-3 months. Whether it will rise significantly is another matter and needs to be based on market analysis. And there are no market makers.
Despite market volatility, $BNB remains stable in 3 month chart Compared to $BTC $ETH it's clear BNB outperform them And SOL dropped from 200 made people losing money
In every cycle May generally is not a good month However BNB still remains strong and continue outperform other Bigcaps
In 3 months CZ will be released, and hopefully bringing more confidence to the BNB market
$BNB is guaranteed to go 800$ according to Cointelegraph Analyst
BNB (BNB) price is trading below $600 after a two-day rally saw it increase its value by 5.5% to reach a high of $605 on May 9.
Even with today’s pullback, data suggests that BNB price remains bullish on the longer timeframe. The layer 1 token has soared 83% over the last 30 days and 91% in 2024 alone to reach a multi-year $645 on March 16. This rally brought BNB within a 7% reach of its all-time high of $690 reached on May 10, 2021.
Since then, BNB has been consolidating within a wide range, stretching from $500 to $620, leaving many traders wondering when the token will break out toward its all-time highs. Let’s look at the factors that could potentially send BNB higher.
Binance exchange still leads in trading volumes and market share
Binance remains the top crypto exchange in terms of market share, even with its reduced trading activity in April.
After a wild legal ride in 2022 that ended with the former Binance CEO Changpeng Zhao receiving a four-month prison sentence and a $4.3 billion fine for the exchange, Binance managed to recover its market share, which climbed for five consecutive months between October 2023 and March 2024 to more than 40%.
This is $BNB weekly chart BNB remains the strongest Bigcaps despite BTC volatility
If you look at it closely, BNB remains strong above 580 Everytime it go below it always bounce back to 580
BNB demand in those area is huge, however it's also having hard time to break 620 resistance If those resistance are broken, we can expect BNB to break ATH in a flash You don't want to miss the pump
So why haven't you hold BNB? If Binance announce new Megadrop project it can break those resistance easily. You don't want to miss those moments, or else you will be too late to buy
We still have 500 days for Bitcoin Bull Run since halving 60k seem to be the perfect area for accumulating Bitcoin
Though I recommend to invest on bigcaps. Because Alts are starting to reclaim it's dominance. Always study the previous trends and history. It's technical data we can't simply ignore
$BNB is having hard time to break 620 barrier even though we have launchpools Here's my Analysis :
If BNB want to break ATH, Binance need to restructure Launchpool The problem about current format is the % allocation for BNB
I did complained about previous 80% allocation for BNB (You can check my very first post) And Binance did listen, they increase it to 85% for BNB holders
If we're calculating using USD, you're going to surprised staking FDUSD can be more beneficial in Launchpools. Staking using stable coin is safer because you aren't subject to market fluctuations
Staking using BNB gives you slightly more reward, but the fluctuations after Launchpool can be harmful to your portofolio
While BNB price keep increasing means barriers to entry for Launchpools also increasing. Launchpools aren't profitable for Retail Investors
If somehow BNB went above 620. Staking using FDUSD generally more safer If you don't believe me go try invest 1k in both asset. And see what happen with your portofolio after Launchpool ended
Launchpools actually making BNB harder to break ATH Because if BNB price kept increasing, Launchpool will be harder to enter for Retail Investors
Solution to this problem :
BNB should be the only coin to stake for Launchpools so we're not calculating based on USD
Megadrop actually using a better format where BNB is the only coin to hold
But if FDUSD is still present the allocation should be : 95% BNB 5% FDUSD
Let's hope Binance listen, because they did listen to increase the reward from 80 to 85%
Top 6 Memecoins according to VanEck If you're Memecoin fan this 6 is a must have in your portofolio
1. DOGE 2. SHIB 3. PEPE 4. WIF 5. FLOKI 6. BONK
VanEck's digital asset research director, Matthew Sigel, has announced the launch of a Meme Coin Index under the company's MarketVecto brand. The index includes six types of tokens with a cap of 30%. This move signifies VanEck's recognition of the growing popularity and influence of meme coins in the digital asset market.
BNB crossed 600 mark again. There's a big chance this could be a hint for new Launchpool or Megadrop
Im currently Bullish for BNB but if Launchpool is happening this is Bearish for previous Launchpools token like REZ SAGA OMNI
Historically new Launchpool is a good news for BNB but bad news for previous Launchpool coins. This is because big holders will sell those Launchpool coins to buy BNB to participate for the next Launchpool project
So my strategy is selling those coins and accumulate more BNB
Korea is one of the biggest crypto industry in the world
South Korea’s left-wing Democratic Party plans to request financial regulators to review the currently banned spot bitcoin exchange-traded funds, according to a South Korean news report. This signifies the party’s next step in its initiative to make spot bitcoin funds locally accessible
If it approved it will be one of the biggest player in the Bull tun#