After I posted this yesterday: Can BNB be the next ETF? The BNB price was made as a new ATH. Many people analyzed price action, saying that is driving BNB to that price surge. I don't see it this way. I think something big is being cooked that we don't know yet. Of course, the #Megadrop and the #Airdrops are helping, but I think something else is happening. Can it be the ETF for BNB? Can it be something related to Binance? Or is something new coming to Binance Smart Chain? In the Crypto space, we often say, "BUY on the rumors, SELL on the news." In any case, the price may fall now for investors to cash in profits, but I think $800$ is around the corner. What is your opinion?
After the ATH on June 2nd, the price made a normal correction from around 0.03 to 0.02. Today, at the time of writing, it is up 25% to 0.026, meaning that it has already recovered +50% from the fall. The H4 chart shows that the stock RSI is pointing up. The next move would be to break 0.03; if it does, it can rise to 0.04 in the next 24 hours. The volume looks good, also.
đŁđ„đŁ $BNB can be the next #ETF đŁđ„đŁ
After the $ETH was approved, everyone started to talk about the following ETF. Could it be SOLANA? Could it be XRP? I say, why not BNB? BNB is not just #Binance coin. It is the base of BSC, a solid Blockchain with a bigger Market Cap than $SOL or XRP. Please read my article about it: BNB to become an ETF
What do you guys think? Where could the price go if BNB would become an ETF? 1k? 2k? Let's share this post to get it Viral to Binance Leaders think about it.
Lista DAO provides a robust platform that combines liquid staking and decentralized stablecoin functions, supported by solid governance and incentive mechanisms. Integration with major platforms like Pancake Swap, Venus, APX, and Magpie enhances its utility and accessibility, making it a versatile and efficient solution for modern decentralized finance (DeFi) needs. Lista DAO is set to transform how users interact with liquid staking and stablecoins in the DeFi space by democratizing access to high-yield opportunities and maintaining a dynamic governance framework. What is Lista? Lista DAO is a comprehensive liquid staking and decentralized stablecoin protocol designed to enhance the utility and profitability of user assets. Users can participate in both staking and liquid staking on the platform and borrow the decentralized stablecoin lisUSD using various forms of collateral. This creates a flexible and efficient financial ecosystem. LISTA is the governance token of Lista DAO and serves multiple functions. Token holders can vote on significant governance decisions, ensuring the protocol evolves according to community needs. Additionally, users can earn LISTA tokens as rewards for borrowing lisUSD against collateral or participating in liquidity farming in the lisUSD and slisBNB pools. This encourages active participation and helps maintain the protocolâs liquidity and stability. Users can vote on which collaterals should be used to mint lisUSD and which liquidity pools should receive higher emissions by locking their LISTA tokens. This voting indicator system keeps the protocol dynamic and responsive to user preferences. Furthermore, users who lock their LISTA tokens for veLISTA are entitled to fee sharing, providing an additional incentive to participate in governance and decision-making processes. The main components of Lista DAO include the BNB liquid staking token (slisBNB) and the decentralized stablecoin (lisUSD). Users can stake BNB to receive slisBNB, which can be used for various financial activities within the ecosystem. The decentralized stablecoin lisUSD can be minted against various collaterals, providing stability and liquidity within the protocol. Lista DAO has made significant strides in business and commercial development through key partnerships. Pancake Swap supports on-chain liquidity and trading for lisUSD and slisBNB, enhancing their accessibility and usage. wBETH has been integrated as collateral for borrowing lisUSD, expanding the range of usable assets. Venus allows users to deposit lisUSD or slisBNB as collateral to borrow other listed assets, increasing the utility of these tokens. APX, a decentralized perpetual futures exchange, enables users to deposit lisUSD as a margin for perpetual futures trading. Magpie, a platform focused on yield and veTokenomics enhancement services, further boosts the yield of lisUSD and slisBNB pools on Pancake Swap and Lista. Remember that the Megadrop is only available on the mobile app. $LISTA Megradrop will be open until the 20th of June.
With the acceptance of $ETH ETFs, the market began to speculate which would be next, as the SEC's opening to ETFs other than $BTC sets a precedent for others to aspire to become ETFs. SOLANA was one of the names that came up, but my question is, why not $BNB ? BNB (Binance Coin) is a cryptocurrency created by Binance, one of the world's largest cryptocurrency exchanges. Here are some key points about BNB: Origin and Purpose: BNB was launched as an ERC-20 token on the Ethereum blockchain during Binance's ICO (Initial Coin Offering) in July 2017. It was created to be used as a utility token on the Binance platform, primarily to pay for trading fees, with users receiving discounts for using BNB.Binance Chain and Binance Smart Chain: In April 2019, Binance launched its blockchain, Binance Chain, and migrated BNB from the Ethereum blockchain to its own chain. Later, Binance also introduced Binance Smart Chain (BSC), a parallel blockchain that supports smart contracts and is compatible with Ethereum's ecosystem. BNB is the native coin on both Binance Chain and Binance Smart Chain.Use Cases: BNB has several use cases within the Binance ecosystem:Trading Fee Discounts: Users can pay for trading fees on Binance exchange at a discounted rate using BNB.Transaction Fees on Binance Chain and BSC: BNB is used to pay for transaction fees on both Binance Chain and Binance Smart Chain.Token Sales: BNB can be used to participate in token sales on Binance Launchpad.Payments: BNB can be used for payments in various online and offline services that accept it as a payment method.Staking and DeFi: BNB can be staked in various DeFi (Decentralized Finance) applications on Binance Smart Chain.Token Burn: Binance regularly conducts token burns, where a portion of BNB supply is permanently removed from circulation. This process is intended to reduce the total supply of BNB and potentially increase its value over time. The burns are funded by a portion of Binance's profits and are done quarterly.Market Position: BNB is one of the top cryptocurrencies by market capitalization and plays a significant role in the broader cryptocurrency ecosystem due to its utility and the extensive use of the Binance exchange. Overall, BNB is more than just a digital asset; it's integral to the functionality and growth of the Binance ecosystem. Besides, BNB has a bigger Market Cap than Solana or Ripple (XRP), another name that was spoken to become the next ETF. What is your opinion?
Last week, I spoke about $NOT and what could happen. This weekend, after reaching 0.03, it broke back to 0.02.
That is a typical move. I think the price will reach 0.1$ in a couple of weeks. Of course, it will have strong resistance at the 0.05 level, but once it breaks, it can move to the 0.1$ level.
Why do I think the price will move to 0.1?
It is a strong community, the basis of a success story. Currently, the Notcoin community is the strongest one, so I do not doubt that if everything keeps working (without any significant issues, like hacking and stuff), the price will still have a lot of room to grow.
What will happen now that it has made the move I explained yesterday?
1âConsolidate the 0.5-0.55 target to create strong support. To do this, it is expected to stay within this level for a while to break the ATH and then move towards 1$. It may take a while to get to 1$ since there are several steps: 0.6, 0.7, and so on. 2âIt can also get down to 0.45 or even 0.4 levels to gain the strength to move up. If it breaks down to 0.4, it will return to 0.3 levels, but I don't believe it will go under 0.4. My only question is how long it will take to reach the 1$... weeks or months?
This is not Financial Advice. Do your own DYOR. Follow Me and Share: the more followers I have, the more analysis I will publish.
BounceBit is the first-ever native $BTC Restaking chain. The BounceBit network is secured by staking both Bitcoin and BounceBit tokens. BounceBit's PoS mechanism introduces a unique dual-token staking system that leverages native BTC security with full EVM compatibility. In a groundbreaking move, BounceBit introduces the mixed DeFi and CeFi yield mechanism, allowing BTC holders to earn yields through native validator staking, DeFi ecosystem, and a CeFi mirroring mechanism powered by Ceffu and Mainnet Digital.
After a week of falls, BB is seeing a substantial rise. What happened, and where is the price going? For all projects where there are #Airdrops, it is normal for the price to drop in the days following their launch. Anyone who receives free tokens sells at any cost and will always make a profit, as they did not pay for them. BounceBit, despite being a project with immense potential, went through the same path. After this initial phase, where could the price go? For now, the price faces two resistances that, being close, are important to pass and confirm: - The $0.50 level - The ATH was $0.55 When the price consolidates around $0.50, creating strong support, it will move towards the new resistance, which will be at $1. The price will likely continue rising now that the platform is in operation (staking, etc.).
Why $PEPE is bullish? Pepe price consolidated for 66 days between March 14 and May 19, building up orders. On May 20, the frog-themed meme coin breached the $0.0000058 to $0.0000108 range to the upside and kicked-started its 65% rally. According to Santiment, the 24-hour Active Addresses, the wallets interacting with the Pepe blockchain, have spiked from 3,600 to 12,000 between May 21 and 22. This sudden uptick is similar to the spike in active addresses in mid-May, when PEPE shot up 36%. This metric shows that the investors are interested in Pepe at the current price levels. Pepe is benefiting from the $ETH #ETF and the #FOMO that currently exists. The price could reach the $0.00002 level soon and rise to $0.00005 within some time. However, it is possible that along the way, several substantial corrections will occur.
Not Financial Advice. Do your own DYOR. Follow Us and Share.
$ETH How to trade now? With the recent news about the future ETH #ETF the market reacted as expected. ETH is up +20%. How to trade now? In my opinion, ETH will still go up at least until $4000, but it has a margin to go up to 4500 in the next 72 hours. However, I would trade using the pair $ETHBTC since it is the safest not to be out of the market, and it will allow us to win from ups and downs on this pair.
Several days ago, I wrote this: NOT PRICE PREDICTION
So far, nothing has changed, and from my point of view, the fall due to the Airdrop will soon be over. I think that the token will hold the 0.005 as support. I'm cashing out some of the profits from the last days in other assets (except $BNB and $ETH) and starting to buy this one.
Notcoin is a Telegram-based game that allows users to earn in-game tokens by clicking on coin images. Notcoin's goal is to try and attract the masses into cryptocurrency by appealing to them and removing the complex barriers to handling coins.
Telgram Group: 6.2M Players: 35M X: 1,8M
The trading is starting at the same time in: Binance, OKX, Bybit, Kucoin, Gate, Bitget, Bitfinex, and others.
This is the type of project, that after an initial dump due to the Airdroped tokens, it may be a very interesting project with a future boom on the tokens value.
Crypto Market Buzz: How it Makes or Breaks New Tokens (including Airdrops)
The world of cryptocurrencies is a whirlwind of innovation and volatility. New tokens constantly emerge, each vying for a piece of the digital pie. But what separates a groundbreaking project from a flash in the pan? A big factor is the overall mood of the crypto market, also known as sentiment. Bullish Belief Breeds Success Imagine a vibrant market abuzz with optimism. Investors are pouring money in, fueled by positive news and exciting potential. This bullish sentiment creates a fertile ground for new tokens. Here's why:
Increased Investment: When the market is on a tear, investors are more likely to take a chance on innovative projects. This influx of capital can propel a new token to new heights. Hype and Attention: A favorable market attracts a broader audience. New tokens can leverage this buzz to gain traction and build a strong community.
Beware the Bearish Blues However, crypto winters can be harsh. When the market takes a downturn, negativity spreads like wildfire. This bearish sentiment can significantly impact new tokens:
Investor Aversion to Risk: In a bear market, investors become cautious and prioritize established tokens, making it harder for new projects to secure funding. Reduced Hype: During a bear market, the overall excitement around cryptocurrencies diminishes, which can leave new tokens struggling to get noticed.
Navigating the Cryptocoaster So, how can new token projects navigate this emotional rollercoaster? Here are some tips:
Solid Fundamentals: Regardless of market sentiment, a vital project with a clear purpose and a competent team is more likely to weather the storm. Building a Community: Fostering a loyal community of believers can provide invaluable support during tough times. Transparency and Communication: Open and honest communication with investors is key to building trust, especially during a bear market. The Bottom Line Crypto market sentiment undeniably plays a significant role in the success of new tokens. However, it's not the sole deciding factor. By focusing on building a solid foundation and fostering a supportive community, new projects can increase their chances of thriving, even in the face of a bearish market.