Pi Network has announced the release of Pi Node Version 0.5.0, setting the stage for the transition to Mainnet by updating all nodes to ensure seamless operation on Testnet2. This update is a critical step towards the much-anticipated Mainnet launch, allowing node operators to switch between Testnet and Mainnet effortlessly. As of October 17, 2024, Pi Network is gearing up for full-scale operations, with enhancements in node functionality and an extended KYC deadline to November 30, 2024, for user verification. #PiNetwork #MainnetLaunch #CryptoUpdate #Write2Earn
Today, the top assets from Binance's 'New Listing' show varying performances across the board.
$EIGEN leads with an impressive +11.22% gain, signaling strong early interest from traders. $1MBABYDOGE follows closely with an +11.27% rise, making it a potential asset to watch for further upward momentum. $CATI also performs well, up +4.56%, indicating steady growth potential in the short term.
Other assets, like Binance Staked SOL #BNS (+1.24%) and Hamster Kombat (+1.34%), show smaller gains, suggesting more cautious optimism. However, #NEIRO and #TURBO are both down, with NEIRO dropping -3.54% and TURBO falling -4.52%, signaling possible corrections after previous gains.
Overall, EIGEN and 1MBABYDOGE are the top performers, while NEIRO and TURBO may need closer attention for potential rebounds. These assets are worth monitoring for trading opportunities as market sentiment evolves.
Pepe Coin Price Prediction: Analyst Hints âBuy The Dipâ Ahead of a Bullish 2025
A crypto analyst recently shared an X post highlighting that his Pepe coin price prediction, hinting that it may be nearing a significant buy zone.
The post indicates that the current price of the memecoin is approaching a âbuy the dipâ level around $0.00000777, which aligns closely with the 50% Fibonacci retracement level. According to the analyst, this zone could offer traders an attractive entry point.
The latest PEPE price has seen a slight uptick of 2.35% over the past 24 hours, reaching a value of $0.00001041. The cryptocurrency experienced a low of $0.000009663 and a high of $0.00001054 during this period. Despite the recent gain, the coin is still down 39.37% from its all-time high of $0.00001718, recorded in May 2024.
The Moving Average Convergence Divergence (MACD) indicator suggests that the asset remains in a neutral zone. The MACD line has intersected with the signal line multiple times, with the current movement indicating a slight bullish divergence.
The Ethereum-based coin has shown significant growth over recent weeks, with a 10% surge in the past seven days and an impressive 42% rise in the last month. If this bullish trend continues and key resistance levels are maintained, the PEPE price could hit price targets between $0.000015 and $0.00002 in the near future.
Pepe Coin price shows promising signs of a bullish trend, with analysts suggesting a key âbuy the dipâ zone is approaching. As the coin nears crucial support levels, traders may find favorable entry points. With a positive outlook for 2025 and current market trends aligning, PEPE could experience significant growth.
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$INJ
{spot}(INJUSDT)
$PEPE
{spot}(PEPEUSDT)
$FET
{spot}(FETUSDT)
#MemeCoinTrending #TeslaTransferBTC #BTCSoarsTo68K #BTCSoarsTo68K #Write2Earn!
đ Exciting times in the crypto world! Book of Meme (BOME) just skyrocketed by 60%! đ But wait, some smart investors are rethinking their portfolios. đ€ As BOME's gains might cool down, the buzz is shifting to the next big thingâGoodEgg (GEGG)! đ„đĄ
Are you riding the meme coin wave or eyeing new opportunities? Share your thoughts and strategies in the comments! Let's discuss the future of DeFi, BTC, ETH, and altcoins together! đđ #CryptoNews #DeFi #BTC #ETH #Altcoins
Tesla, one of the largest corporate holders of bitcoin, has transferred its entire $760 million worth of the cryptocurrency to unknown wallets. This move has sparked speculation that the electric car manufacturer might be selling its bitcoin holdings.
Crypto data firm Arkham Intelligence reported that wallets associated with Tesla began moving funds to unknown wallets on Tuesday. Tesla is currently the fourth-largest holder of bitcoin among publicly traded U.S. companies, following MicroStrategy, Marathon Holdings, and Riot Platforms, according to BitcoinTreasuries data.
Tesla initially purchased $1.5 billion worth of bitcoin in February 2021 but has since sold most of its holdings. As of March, when Arkham Intelligence added Tesla's bitcoin wallet tracking feature to its dashboard, the company held approximately 11,509 bitcoin, valued at around $770 million.
Elon Musk, Tesla's CEO, had previously announced plans to accept bitcoin payments for Tesla vehicles. However, these plans were abandoned due to environmental concerns. While some of Musk's companies, including Tesla and SpaceX, hold bitcoin on their balance sheets, it remains unclear how much Musk personally believes in the cryptocurrency. In a July interview broadcast on YouTube, Musk mentioned that he sees some merit in bitcoin and other cryptocurrencies but expressed a particular fondness for dogecoin.
$DOGE $BTC
XAGUSDT analysis shows a bullish trend, mirroring XAU/USD's movement, which has broken through the $2,700 psychological level and reached a new all-time high.
This surge is driven by the increased prospects of global easing, with central banks accelerating their monetary easing cycles by cutting interest rates. The European Central Bank's recent decision to lower its deposit rate by 25 basis points is a significant turning point in this trend.
Key Levels to Watch:
- Primary Support: $2,700 (key level)
- Primary Resistance: $2,750 (significant round number)
- Secondary Support: $2,685 (September high)
The Relative Strength Index (RSI) is currently overbought, advising long-holders not to add to their positions due to the increased risk of a pullback. However, silver's strong overall uptrend suggests that any corrections are likely to be short-lived, and the bull trend will resume.
Fundamental Drivers:
- Central banks' easing cycles: The European Central Bank, Bank of England, and Bank of Canada are expected to cut interest rates, making silver more attractive.
- US data: Strong US retail sales and initial jobless claims data may limit the upside for silver.
- Global economic uncertainty: Silver is known to be a safe-haven asset, expected to increase its value in times of volatility and economic uncertainty.
Keep in mind that cryptocurrency and commodity markets are highly volatile, and analysis is subject to change. Always do your own research and consider multiple sources before making investment decisions.
#silvertrader $ETH
{future}(ETHUSDT)
What can you do with $96?
This guy made over $3M with only $96, a 32,000x return!
He spent only 0.052 $ETH($96) to buy 608,650 $TRUMP on Aug 12, 2023, and started selling $TRUMP for a profit 6 hours ago.
So far, he has sold 6K $TRUMP for 11.4 $ETH($30K), leaving 594,564 $TRUMP($3.06M).
#BinanceTurns7 #WeAreAllSatoshi #Trump2024 #BinanceSquareFamily #BTCâ
đČUSDT DOMINANCE ANALYSISđ
USDT Dominance, which measures the ratio of USDT's market capitalization to the total cryptocurrency market capitalization, is currently at 7.4%. This indicates that USDT's market share has decreased slightly.
Key Observations:
1. Decreasing trend: USDT Dominance has been declining since its peak in 2022, indicating growing interest in alternative stablecoins and cryptocurrencies.
2. Competition from other stablecoins: USDC, BUSD, and DAI have gained market share, challenging USDT's dominance.
3. Correlation with Bitcoin: USDT Dominance tends to decrease when Bitcoin's price increases, suggesting investors are shifting to more volatile assets.
Technical Analysis:
- RSI: 43.6 (neutral)
- MACD: Bearish crossover
- Moving Averages: USDT Dominance is below its 50-day and 200-day moving averages
Fundamental Drivers:
1. Regulatory environment: Clarity on stablecoin regulations could impact USDT's market share.
2. Market sentiment: Investor appetite for riskier assets may reduce USDT's dominance.
3. Competition: Emergence of decentralized stablecoins and central bank digital currencies (CBDCs) could challenge USDT.
Trade Ideas:
- Long USDT Dominance: Entry at 7.0%, target 8.5%
- Short USDT Dominance: Entry at 7.8%, target 6.5%
Keep in mind that cryptocurrency markets are highly volatile, and analysis is subject to change. Always do your own research and consider multiple sources before making investment decisions.
$USDC
{future}(USDCUSDT)
#BTCSoarsTo68K
How High Can Ethereum Price Go?
The daily Ethereum price chart shows a clear inverse head-and-shoulder setup, a bullish pattern that forecasts a reversal of the downtrend. A move above the declining trend line connecting the lower highs formed since August 24 will signal a breakout. This technical formation contains three distinctive swing lows, with the central one lower than the rest. The one in the center is called the head and the ones on either side are the shoulders.
The target is obtained by adding the distance between the left peak and and the headâs lowest point to the breakout point as shown in the below chart. Based on this, Ethereum price forecasts that a breakout above the neckline aka declining trend line could see ETH rally 17% to $3,164.
Based on the inverse head-and-shoulders setup, the highest Ethereum price can reach in October is $3,164.
A closer look at on-chain data shows that investors are interested in Ether at the current levels and are likely investing.
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đ„*GOLD/XAUUSD AT ALL TIME HIGH*đđȘ
XAUUSDT is looking bullish today, breaking through the $2,700 psychological level and reaching a new all-time high.
This surge is largely driven by the increased prospects of global easing, with central banks accelerating their monetary easing cycles by cutting interest rates. The European Central Bank's recent decision to lower its deposit rate by 25 basis points is a significant turning point in this trend.
Key Levels to Watch:
- Primary Support: $2,700 (key level)
- Primary Resistance: $2,750 (significant round number)
- Secondary Support: $2,685 (September high)
The Relative Strength Index (RSI) is currently overbought, advising long-holders not to add to their positions due to the increased risk of a pullback.
However, gold's strong overall uptrend suggests that any corrections are likely to be short-lived, and the bull trend will resume.
Fundamental Drivers:
- Central banks' easing cycles: The European Central Bank, Bank of England, and Bank of Canada are expected to cut interest rates, making gold more attractive.
- US data: Strong US retail sales and initial jobless claims data may limit the upside for gold.
Overall, XAUUSDT's bullish trend is expected to continue, driven by global monetary easing and central banks' decisions.
However, investors should be cautious of potential pullbacks and keep an eye on key levels and fundamental driver.
#GOLD_UPDATE $BTC
{future}(BTCUSDT)
đš Craig Wright vs $XRP Community: The Clash Intensifies!
In yet another heated exchange, Craig Wright, the self-proclaimed Satoshi Nakamoto, has targeted XRP and its community, reigniting a long-standing feud. In a recent tweet on October 17, Wright slammed XRP as nothing more than a "speculative vehicle" rather than a genuine innovation. He criticized the cryptocurrency for its lack of real-world utility and dismissed its potential as "smoke and mirrors."
As expected, the XRP community wasted no time hitting back, with Ripple CTO David Schwartz calling Wright's comments "slop." The battle is heating up, and this clash could escalate further. Will Craig Wright's ongoing attack on XRP make waves, or will the community continue to stand strong?
Whatâs your take? Drop your thoughts below and stay tuned for more updates! đ
{spot}(XRPUSDT)
#XRPcryptowolf #XRPGoal #XRP_ETF #EmperorMajesty #USRetailSalesBoost
đ Ethereumâs DApp Activity Drops Despite Price Stability:
Despite Ethereum's recent price stability đ, DApp activity on the network has dropped by 23%. This has raised concerns about the sustainability of the network's growth đ, especially with declining ETF interest. However, Ethereum remains a key player in the DeFi space as developers focus on scalability solutions đ ïž. đ Ethereumâs DApp Activity Drops Despite Price Stability:
Despite Ethereum's recent price stability đ, DApp activity on the network has dropped by 23%. This has raised concerns about the sustainability of the network's growth đ, especially with declining ETF interest. However, Ethereum remains a key player in the DeFi space as developers focus on scalability solutions đ ïž. đ»
Ethereum's decentralized application (DApp) activity has taken a hit, dropping 17-23% despite the stability in its price. This decline has sparked concerns about the network's overall health and potential impact on its value.
The price of Ether (ETH) has shown strength, jumping 9.4% from October 10 to October 15, reaching a two-week high of $2,687. However, this upward momentum hasn't translated to increased DApp activity. In fact, the Ethereum network saw a 23% decline in on-chain DApp volumes over the past seven days.
Key Factors Contributing to the Decline:
- Weak Spot Ether ETF Flows: A decrease in exchange-traded fund (ETF) flows may be contributing to the decline in DApp activity.
- Lack of Breakthrough Above $2,450: ETH's struggle to break above the $2,450 resistance level may be impacting investor confidence.
Despite this downturn, some experts remain optimistic about Ethereum's long-term prospects. However, the current decline in DApp activity warrants close monitoring to understand its implications on the network's growth and stability.
$ETH
{future}(ETHUSDT)
#BNBRisesTo600
Polymarket : est-ce que l'engouement autour de la plateforme crypto est exagĂ©rĂ© ? đ€
Bien que la popularitĂ© de Polymarket ait Ă©tĂ© boostĂ©e par les Ă©lections prĂ©sidentielles amĂ©ricaines đșđž, avec plus de 1,5 milliard de dollars đ° de paris, certains membres de la communautĂ© #crypto critiquent la transparence de la plateforme concernant l'open interest de ce marchĂ© spĂ©cifique.
Ils estiment que @Polymarket cherche à gonfler son importance et que les médias contribuent à cet effet en utilisant ses données à la place de sondages traditionnels.
MalgrĂ© ces critiques, Polymarket reste un outil influent dans l'Ă©cosystĂšme crypto, notamment pour suivre les tendances liĂ©es Ă des Ă©vĂ©nements importants comme les Ă©lections đłïž
đ° @dropdotmoney raises $4M in a Seed funding round led by @coinfund_io. Other investors in the round include @cmsholdings, Bitscale Capital, @ChorusOne, @anagramxyz, @BreederDAO, @interopvc, @kahunahq, Orthogonal Labs and @CosmostationVD.
#Drop is a liquid staking protocol for Interchain assets. Built as an Integrated Application on @Neutron_org, Dropâs protocol is providing trust-minimized liquid staking services and scale with minimal additional overhead and risk.
đ
đ” Referendum is complete, and the new Spartan council has taken over voting
đ” Main website, governance website, and documents website are all being updated with new Spartan Council
đ” Treasury Council and Ambassador Council assets and wallets have begun to be handed over
đ” Public weekly calls to resume next week
đ” Team is shipping well, rallying around the longer term roadmap
đ” Absolutely packed few weeks coming up with significant improvements, launches, integrations, and announcements
đ Exciting News for Solana Enthusiasts! đ
The Solana-based Wukong memecoin project has launched a unique zero-transfer airdrop campaign! Simply send 0.00001 SOL to a designated address and receive 288 Wukong tokens. This offer is limited to the first 100,000 participants, so act fast! đââïž
- Campaign Duration: 72 hours
- Verify eligibility within 48 hours on the official website
- Special rewards for every 8,888th participant, including an NFT and 88,888 Wukong tokens!
The Wukong team is also planning the largest airdrop in Solanaâs history, targeting over 300,000 people. An NFT launch is set for October 23rd.
Join the conversation and share your thoughts in the comments! đ