**XRP Faces Volatility Amid Legal Uncertainty**
The U.S. regulator's latest appeal in its case against Ripple is stirring the pot for XRP investors. Despite not directly challenging the ruling that XRP isn't a security, the appeal seeks a review of Ripple's XRP sales and those by its top execs.
Crypto analyst Ryan Lee from Bitget predicts XRP's price could swing between $0.50 and $0.80 by year-end, hinging on regulatory outcomes. This legal limbo might keep XRP's price volatile, with its highest this year being $0.71 in March. Currently, XRP trades at $0.55.
Ripple's legal battles could drag on until mid-2025, adding to the uncertainty. A favorable ruling might boost XRP, while a negative one could dent its value. Investors are advised to stay cautious as the regulatory landscape remains murky.
$TRX is on Fire! 🔥🔥🔥 Messari recently dropped their Q3 2024 report on #TRON , and it's packed with good news.
Let's break it down: 💻👀👇
▶️ Growth, growth, and more growth: TRON's market cap, revenue, DeFi TVL, stablecoin market cap, and DEX volume all saw significant increases in Q3. 📈
▶️ Revenue records shattered: TRON hit an all-time high for revenue in USD, and the revenue in TRX also climbed. 💵🚀
▶️ SunPump is a hit: This new #memecoins launch platform has been a major success, with over 89,000 tokens deployed in just two months. 🌞
▶️ Staking is up: More people are staking #TRX than ever before, contributing to the network's security and stability.
▶️ USDT domination: TRON continues to be the go-to network for USDT, with over half of all #USDT in circulation residing on the platform. 🤖
In short, TRON is doing amazing things. 💪🌕 Its deflationary token model, increased network activity, and thriving ecosystem are driving its success. 🍕🍺
Want to know more? Check out the full Messari report for a deep dive into TRON's Q3 performance. 🙏
What are your thoughts on TRON's recent growth? Let us know in the comments! 👇DYOR! #Altcoins
📊 3 cryptocurrencies to avoid trading next week
“Uptober” is playing out for Bitcoin (BTC) and altcoins, with indicators suggesting crypto’s bull market is back after seven months. Yet, some cryptocurrencies will perform better than others, bearing significant risks that pose a threat that traders should avoid.
🔸 Avoid trading Metars Genesis (#MRS ) next week
First, Metars Genesis (MRS) will unlock $15.60 million of 10 million MRS next week, destined to AI Partnership Funding.
Metars Genesis is a low-cap cryptocurrency with less than $150 million in capitalization, increasing the relevancy of such an unlock. The 10 million MRS these partnerships could soon sell represents a nearly 12% supply inflation for the token.
🔸 ApeX (#APEX )
ApeX (APEX) is another cryptocurrency that will face a massive supply dilution next week and should be avoided.
Notably, the protocol will unlock 9.62 million APEX, worth $14.34 million, in the next seven days. This event represents an even higher supply inflation than MRS, adding 20% new tokens to the circulating supply.
On the tokens’ distribution, early investors will receive over one-third of the unlocks, while the team will get the majority.
🔸 Cryptocurrencies to avoid: Solidus Ai Tech (#AITECH )
Finally, the last of the three cryptocurrencies to avoid trading next week is Solidus Ai Tech (AITECH). This project tries to navigate the artificial intelligence (AI) boom dominating all finance markets. For example, Finbold reported how uranium can shine in the commodity market while AI-related stocks are among the most popular investments for 2024.
AITECH will add 7.6% more circulating supply to its ecosystem, unlocking 80.18 million tokens worth $8.08 million.
However, token unlocks and supply inflation do not necessarily mean a poor future price performance. According to basic economics, an asset’s value—translated into price—is determined by the relation between supply and demand.
Catch this bull market, and you’ll never worry about money again.
This bull run is the rate-cut bull market, set to last until November 2025. In October, we’ll lead the crew to exit at the top.
1. Meme coins are the only narrative running through the entire bull market. Their rise follows a path similar to DeFi in the last bull cycle—moving from chain to chain, starting with Solana, migrating to Sui, and now settling on Ethereum. Smart money follows these shifts.
2. Ordi and Sats on Bitcoin’s ecosystem? They’re just meme coins in disguise.
3. In the last bull run, Doge and Shib were endgame exit pumps. This time, meme coins are driving the wealth creation from day one—a huge shift from previous cycles.
4. Beyond meme coins and ETFs, only a few sectors like AI and RWA are showing strength. Most altcoins are still stuck at the bottom from the last bear market.
5. Asset issuance could ignite a market boom, fueling the bull run further, and the meme coin narrative has been alive from the start of this cycle.
6. Let go of biases—don’t get stuck using old frameworks to judge meme coins. This cycle is different. If you think like it’s still the end of the last bull run, you’ll miss out on the wealth opportunities this time.
7. Meme coins come with high risk—only use money you can afford to lose. Every bull run crowns new meme kings. Find the leader, and you’ll unlock life-changing profits.
Monday, we’ll line up some potential moonshots—doubling up will be easy. We’ll also keep an eye on Solana’s meme coins, holding them until the bull run ends next year. A 10x return is just the beginning.
🚨 Big news in the crypto world! 🚨 Last week, the U.S. Department of Justice charged several entities, including Gotbit and CLS Global, for wash trading and defrauding investors. This isn’t a new issue, but it’s a significant market signal.
Alexey Andryunin, co-founder of a company that made small-cap cryptos appear active, was arrested in Portugal. The FBI even created a fake token, NexFundAI, to track these activities.
What are your thoughts on these charges? 🤔 Drop your comments below and let’s discuss! #CryptoNews #Blockchain
Read more: [link]
🚀 Bitcoin on the Rise Again!🚀
Bitcoin is making headlines once more as it continues its upward trajectory, currently trading around $67,000[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://thecurrencyanalytics.com/bitcoin/bitcoin-price-forecast-recent-rally-fuels-uptober-hopes-142254?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). After an impressive 7.5% rally earlier this week, the enthusiasm around Bitcoin is building, especially with the resurgence in demand[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://thecurrencyanalytics.com/bitcoin/bitcoin-price-forecast-recent-rally-fuels-uptober-hopes-142254?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
October has traditionally been a strong month for Bitcoin, and this year is no exception[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://thecurrencyanalytics.com/bitcoin/bitcoin-price-forecast-recent-rally-fuels-uptober-hopes-142254?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). Analysts are optimistic, with some predicting Bitcoin could reach new all-time highs in the near future[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://thecurrencyanalytics.com/bitcoin/bitcoin-price-forecast-recent-rally-fuels-uptober-hopes-142254?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
Stay tuned with Binance for the latest updates and insights on Bitcoin's journey to the top! 📈💡
#BitcoinRally #CryptoNews #Binance #CryptoTrends
📊 $PEOPLE
{spot}(PEOPLEUSDT)
/USDT Technical Analysis: Time to Watch These Key Levels!PEOPLE is making moves with a current price of $0.08528, up +8.71% in the last 24 hours. The market is heating up, and traders are eyeing three key targets. 🎯🎯 Target 1 - $0.09000:
This level serves as the immediate resistance. A breakout here could spark further upward momentum, potentially attracting short-term traders.🎯 Target 2 - $0.09200:
If the bulls manage to push past $0.09000, this level comes into play as a psychological barrier. Watch out for volume surges, as hitting this point could signal strength in the trend.🎯 Target 3 - $0.09500:
Breaking $0.09200 opens the door to this ambitious target. Hitting $0.09500 would indicate a bullish rally with potential for sustained growth.Support Levels:
Keep an eye on the support at $0.07800—this level could act as a safety net if selling pressure increases.