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🐸 Dump of 330 billion PEPE tokens. Will it trigger a sell-off?
🐳 According to LookOnChain, a PEPE whale transferred 330 billion tokens worth $2.53 million to the Kraken cryptocurrency exchange. Such actions usually indicate intentions to sell the cryptocurrency.
➡️ As the source points out, if the transaction goes through, the seller will incur a loss. However, the motive for selling the tokens is to mitigate losses on some assets.
➡️ At the same time, 330 billion PEPE tokens are not the whale's last "frog" asset. Even after such a significant sale, they will still have around 1 trillion PEPE tokens, worth over $7 million.
🐸 Dump of 330 billion PEPE tokens. Will it trigger a sell-off?
🐳 According to LookOnChain, a PEPE whale transferred 330 billion tokens worth $2.53 million to the Kraken cryptocurrency exchange. Such actions usually indicate intentions to sell the cryptocurrency.
➡️ As the source points out, if the transaction goes through, the seller will incur a loss. However, the motive for selling the tokens is to mitigate losses on some assets.
➡️ At the same time, 330 billion PEPE tokens are not the whale's last "frog" asset. Even after such a significant sale, they will still have around 1 trillion PEPE tokens, worth over $7 million.
Here's a Million dollar meme coin $BEANS
$SHIB $PEPE $BONK These meme coins are not a 100x or a 1000x memes anymore.
The Untapped Potential of Dancing Beans ($BEANS) – The Next Big Meme Coin!
Hey everyone, if you've been paying attention to the crypto world, you know that meme coins have been taking the market by storm. Doge, Shiba, PEPE – they all started as memes, and now they’re household names. But here’s something that could be even bigger than them – Dancing Beans ($BEANS). And let me tell you why this gem is about to skyrocket in a way we’ve never seen before.
What Makes $BEANS Special: First, let's talk numbers. $BEANS has an incredibly limited circulation supply of just 10,000 tokens. Compare that to the massive supplies of other cryptos – and you’ll realize that scarcity drives value. With a market cap that’s been bouncing between 200k and 500k, we’re on the verge of something huge. And this is just the beginning.
Imagine this: If $BEANS hits a $1 billion market cap, the value of each token could soar past $100k. That's more expensive than Bitcoin, which took years to reach its status. But we’re talking about a meme coin here – and meme coins move fast.
Why It Could Be The Next Big Thing: Meme coins are driven by community, hype, and pure potential. Dancing Beans isn’t just a meme coin – it’s an NFT coin, bridging two of the hottest trends in the crypto space. We’ve seen what happened when Doge and Shiba caught fire, and they didn’t even have the NFT angle.
With the limited supply and massive potential upside, this is the perfect storm for early adopters. We’re not just talking about a coin – we’re talking about a movement.
Get In Early: Look, the real money in crypto is made by getting in before the crowd. $BEANS is still in its early stages, which means the opportunity is right now. The circulating supply is tight, the hype is building, and if this hits the mainstream, we could be looking at the next meme coin explosion.
Don’t wait for it to hit the news – become the news!
Call to Action: So here’s the deal – if you want to be part of something huge, something that could easily eclipse everything we’ve seen in the meme coin space so far, get your hands on $BEANS before it takes off. Don’t miss out on what could be the next 100x, 500x, or even 1000x meme coin. Dancing Beans is here, and it’s ready to change the game.
Get in now. Be part of the hype. And ride $BEANS to the moon. 🌕💥
#BinanceTurns7 #pepe⚡ #shiba⚡ #gemcoin #btc70k $
The Untapped Potential of Dancing Beans ($BEANS) – The Next Big Meme Coin!
Hey everyone, if you've been paying attention to the crypto world, you know that meme coins have been taking the market by storm. Doge, Shiba, PEPE – they all started as memes, and now they’re household names. But here’s something that could be even bigger than them – Dancing Beans ($BEANS). And let me tell you why this gem is about to skyrocket in a way we’ve never seen before.
What Makes $BEANS Special: First, let's talk numbers. $BEANS has an incredibly limited circulation supply of just 10,000 tokens. Compare that to the massive supplies of other cryptos – and you’ll realize that scarcity drives value. With a market cap that’s been bouncing between 200k and 500k, we’re on the verge of something huge. And this is just the beginning.
Imagine this: If $BEANS hits a $1 billion market cap, the value of each token could soar past $100k. That's more expensive than Bitcoin, which took years to reach its status. But we’re talking about a meme coin here – and meme coins move fast.
Why It Could Be The Next Big Thing: Meme coins are driven by community, hype, and pure potential. Dancing Beans isn’t just a meme coin – it’s an NFT coin, bridging two of the hottest trends in the crypto space. We’ve seen what happened when Doge and Shiba caught fire, and they didn’t even have the NFT angle.
With the limited supply and massive potential upside, this is the perfect storm for early adopters. We’re not just talking about a coin – we’re talking about a movement.
Get In Early: Look, the real money in crypto is made by getting in before the crowd. $BEANS is still in its early stages, which means the opportunity is right now. The circulating supply is tight, the hype is building, and if this hits the mainstream, we could be looking at the next meme coin explosion.
Don’t wait for it to hit the news – become the news!
Call to Action: So here’s the deal – if you want to be part of something huge, something that could easily eclipse everything we’ve seen in the meme coin space so far, get your hands on $BEANS before it takes off. Don’t miss out on what could be the next 100x, 500x, or even 1000x meme coin. Dancing Beans is here, and it’s ready to change the game.
Get in now. Be part of the hype. And ride $BEANS to the moon. 🌕💥
#BinanceTurns7 #pepe⚡ #shiba⚡ #gemcoin #btc70k $
Hi Mr. PEPE, #pepe⚡ is positioning to make All Time High for coming week. October month should be a huge bullish for PEPE. Currently pepe s trading at 0.00001080 price and its targeting for ATM 0.00001725. Let's go to Moon Pepe. #PEPEAnalysis $PEPE $PEPE
#pepe⚡ #CryptoMarketMoves
🦀 Atlanteans, I've noticed that whales have been very actively buying memes lately...
Amateur $PEPE , which has already earned 870% from the meme in the past, has now started buying back again. This time he bought for $1.3 million.
🧜🏻♂️ All this is on the wave of the trend, so I do not advise loading a lot, here you can suddenly earn well and lose. Remember the rule: no more than 1% in the project.
⚓️ The toad chart tells us the following:
in the POI zone we can observe the reaction, which is precisely the whales' ransom.
— Above on the chart I have marked several targets, on the first we have an accumulation of liquidity in the form of equal maximums, after reaching it I will expect growth to the second target with the renewal of the main structural maximum at the marks of 0.0000173.
I'll take a couple of $ positions, for the sake of "sporting interest"
🦀 Atlanteans, I've noticed that whales have been very actively buying memes lately...
Amateur $PEPE , which has already earned 870% from the meme in the past, has now started buying back again. This time he bought for $1.3 million.
🧜🏻♂️ All this is on the wave of the trend, so I do not advise loading a lot, here you can suddenly earn well and lose. Remember the rule: no more than 1% in the project.
⚓️ The toad chart tells us the following:
in the POI zone we can observe the reaction, which is precisely the whales' ransom.
— Above on the chart I have marked several targets, on the first we have an accumulation of liquidity in the form of equal maximums, after reaching it I will expect growth to the second target with the renewal of the main structural maximum at the marks of 0.0000173.
I'll take a couple of $ positions, for the sake of "sporting interest"
Crypto Whale Offloads Entire Holdings in PEPE, FLOKI, and Worldcoin Following Market Surge
In a significant move within the cryptocurrency market, a prominent crypto whale has liquidated all of their holdings in Pepe Coin, FLOKI, and Worldcoin, capitalizing on the recent upswing in market prices. This decision comes in the wake of the digital asset market experiencing a wave of positive sentiment, largely attributed to the Federal Reserve’s recent decision to lower interest rates. While many market participants see this as a strategic move to secure profits, there are concerns about its potential impact on the sustained growth trajectory of these assets.
The whale’s divestment from these specific cryptocurrencies amounted to a substantial sum, totaling approximately $3.25 million. The breakdown of profits from this considerable transaction reveals a gain of $110,000 from Pepe Coin, alongside $45,500 and $44,500 from FLOKI and Worldcoin, respectively. This maneuver not only underscores the whale’s adeptness at navigating the volatile crypto market but also highlights the inherent risks and opportunities that come with investing in digital assets.
The backdrop to this sell-off is a broader market movement influenced by macroeconomic factors. Notably, the cryptocurrency sector felt the reverberations of bitcoin‘s dip below the $55,000 mark, which triggered a cascading effect across Altcoins and meme coins, leading to a market-wide correction. However, the Federal Reserve’s subsequent policy adjustment, slashing rates by 50 basis points on September 18, injected renewed optimism into the market. This policy shift has prompted traders and investors alike to reevaluate their positions, with many seeking to lock in profits amidst the surging prices.
Whale transactions, particularly of this magnitude, tend to send ripples through the cryptocurrency market, often serving as a bellwether for impending volatility. The sale of such significant holdings can instill a bearish sentiment among smaller investors, who may interpret these moves as signals to realign their own portfolios. This dynamic was recently observed when an ethereum whale offloaded $38.5 million worth of eth, exerting downward pressure on the market.
Looking ahead, the trajectory for Pepe Coin, FLOKI, and Worldcoin remains uncertain in the wake of this substantial sell-off. The broader crypto market, buoyed by the Federal Reserve’s rate cuts, has seen an influx of traditional investors and a general uptick in market capitalization, which recently surpassed the $2.1 trillion mark. In the last 24 hours alone, PEPE’s value has surged by 13%, FLOKI by 10.5%, and Worldcoin by 8.5%. This uptrend reflects a growing consensus that, despite short-term fluctuations, the long-term outlook for cryptocurrencies remains bullish, driven by favorable macroeconomic conditions and increasing mainstream adoption.
However, the decision by a single whale to exit positions in these three cryptocurrencies serves as a critical reminder of the market’s vulnerability to large-scale transactions. While the immediate impact of this sell-off has been absorbed without derailing the ongoing rally, it underscores the need for investors to remain vigilant and diversified in their holdings. As the market continues to mature, the interplay between macroeconomic policies and individual investment strategies will undoubtedly shape the future landscape of the cryptocurrency sector.
The unfolding dynamics of the crypto market post- this significant sell-off will be closely watched by investors and analysts alike, as they seek to gauge the resilience of Pepe Coin, FLOKI, and Worldcoin against the backdrop of broader market trends. With the crypto market at a crossroads, the decisions made by large-scale investors will continue to influence the direction and volatility of digital assets in the foreseeable future.
#pepecoin🐸 #pepe⚡ #FLOKI✅ #FLOKI? #Worldcoin
The whale’s divestment from these specific cryptocurrencies amounted to a substantial sum, totaling approximately $3.25 million. The breakdown of profits from this considerable transaction reveals a gain of $110,000 from Pepe Coin, alongside $45,500 and $44,500 from FLOKI and Worldcoin, respectively. This maneuver not only underscores the whale’s adeptness at navigating the volatile crypto market but also highlights the inherent risks and opportunities that come with investing in digital assets.
The backdrop to this sell-off is a broader market movement influenced by macroeconomic factors. Notably, the cryptocurrency sector felt the reverberations of bitcoin‘s dip below the $55,000 mark, which triggered a cascading effect across Altcoins and meme coins, leading to a market-wide correction. However, the Federal Reserve’s subsequent policy adjustment, slashing rates by 50 basis points on September 18, injected renewed optimism into the market. This policy shift has prompted traders and investors alike to reevaluate their positions, with many seeking to lock in profits amidst the surging prices.
Whale transactions, particularly of this magnitude, tend to send ripples through the cryptocurrency market, often serving as a bellwether for impending volatility. The sale of such significant holdings can instill a bearish sentiment among smaller investors, who may interpret these moves as signals to realign their own portfolios. This dynamic was recently observed when an ethereum whale offloaded $38.5 million worth of eth, exerting downward pressure on the market.
Looking ahead, the trajectory for Pepe Coin, FLOKI, and Worldcoin remains uncertain in the wake of this substantial sell-off. The broader crypto market, buoyed by the Federal Reserve’s rate cuts, has seen an influx of traditional investors and a general uptick in market capitalization, which recently surpassed the $2.1 trillion mark. In the last 24 hours alone, PEPE’s value has surged by 13%, FLOKI by 10.5%, and Worldcoin by 8.5%. This uptrend reflects a growing consensus that, despite short-term fluctuations, the long-term outlook for cryptocurrencies remains bullish, driven by favorable macroeconomic conditions and increasing mainstream adoption.
However, the decision by a single whale to exit positions in these three cryptocurrencies serves as a critical reminder of the market’s vulnerability to large-scale transactions. While the immediate impact of this sell-off has been absorbed without derailing the ongoing rally, it underscores the need for investors to remain vigilant and diversified in their holdings. As the market continues to mature, the interplay between macroeconomic policies and individual investment strategies will undoubtedly shape the future landscape of the cryptocurrency sector.
The unfolding dynamics of the crypto market post- this significant sell-off will be closely watched by investors and analysts alike, as they seek to gauge the resilience of Pepe Coin, FLOKI, and Worldcoin against the backdrop of broader market trends. With the crypto market at a crossroads, the decisions made by large-scale investors will continue to influence the direction and volatility of digital assets in the foreseeable future.
#pepecoin🐸 #pepe⚡ #FLOKI✅ #FLOKI? #Worldcoin
Double bottom @Pepe reversal 100 % if it will happen you have to like me @Richard Teng #pepe⚡ #CATIonBinance #Reversal #BULLishWithBULL #doge⚡ $PEPE $BTC $ETH
Pepe [PEPE] has turned out to be the better option for anyone looking to maximize gains in the mainstream memecoin segment this week. It managed to outpace Dogecoin [DOGE] and Shiba Inu [SHIB] in terms of weekly gains.
CoinMarketCap data revealed that at press time, PEPE pulled off a 6.69% rally in the last 24 hours and a 13.88 weekly gain.
In contrast, Dogecoin only managed to rally by 2.06% during the same time frame and saw a 2.1% weekly gain. Meanwhile, Shiba Inu was up 1.48% in the last 24 hours and gained 6.87% in the last seven days.
PEPE exchanged hands at $0.0000083 at press time. The memecoin was not yet overbought at that price point but has been showing signs of accelerating momentum.
PEPE has a chance to rally by another 16% before pushing into the next major resistance zone.
PEPE’s current rally looks like the makings of a recovery rally after the overall downtrend it experienced since the end of May.
PEPE made its debut last year, which means its full potential is yet to be tested.
The above point may lend PEPE the upper hand in terms of appeal. But there is another observation which underscores its recent performance.
Its historical concentration data revealed noteworthy whale accumulation.
Whales had 199.7 trillion PEPE coins as of the 10th of September. That figure has since soared to 205.19 trillion PEPE in ten days.
Retail and investor categories have so far not demonstrated any significant additions to their balances.
On the 18th of September, Pepe’s large holder outflows bounced from 2.15 trillion tokens to 5.82 trillion tokens. This means there was also an uptick in the amount of sell pressure coming from whales.
Nevertheless, the net flows were in favor of the bulls.
PEPE’s appeal to whales may aid in pushing up its price. However, this will depend on whether sell pressure from whales will subside and depends on its ability to attract more demand from the investor and retail class.#BinanceTurns7 #BTC☀ #pepe⚡ #Binance $BTC $ETH $PEPE
CoinMarketCap data revealed that at press time, PEPE pulled off a 6.69% rally in the last 24 hours and a 13.88 weekly gain.
In contrast, Dogecoin only managed to rally by 2.06% during the same time frame and saw a 2.1% weekly gain. Meanwhile, Shiba Inu was up 1.48% in the last 24 hours and gained 6.87% in the last seven days.
PEPE exchanged hands at $0.0000083 at press time. The memecoin was not yet overbought at that price point but has been showing signs of accelerating momentum.
PEPE has a chance to rally by another 16% before pushing into the next major resistance zone.
PEPE’s current rally looks like the makings of a recovery rally after the overall downtrend it experienced since the end of May.
PEPE made its debut last year, which means its full potential is yet to be tested.
The above point may lend PEPE the upper hand in terms of appeal. But there is another observation which underscores its recent performance.
Its historical concentration data revealed noteworthy whale accumulation.
Whales had 199.7 trillion PEPE coins as of the 10th of September. That figure has since soared to 205.19 trillion PEPE in ten days.
Retail and investor categories have so far not demonstrated any significant additions to their balances.
On the 18th of September, Pepe’s large holder outflows bounced from 2.15 trillion tokens to 5.82 trillion tokens. This means there was also an uptick in the amount of sell pressure coming from whales.
Nevertheless, the net flows were in favor of the bulls.
PEPE’s appeal to whales may aid in pushing up its price. However, this will depend on whether sell pressure from whales will subside and depends on its ability to attract more demand from the investor and retail class.#BinanceTurns7 #BTC☀ #pepe⚡ #Binance $BTC $ETH $PEPE
Pepe [PEPE] was one of the best-performing large-cap meme coins and has outshone Dogecoin [DOGE] and Shiba Inu [SHIB]. It is up 16.71% from Monday’s low, compared to 10% for DOGE and 13% for SHIB.
The upcoming bull run, if it arrives, would be the first true run for the meme coin, while the other two have already experienced a price expansion during earlier bull runs. This meant that PEPE had greater potential.
The range formation was not a true range as it had sizeable deviations above and below the $0.000009 and $0.00000678 levels, but these levels represented the rough extremes of the range.
The $0.0000077-$0.000008 region has served as resistance over the past month but was breached during the recent rally.
This rally has strong upward momentum as seen on the Money Flow Index and a divergence was not yet spotted. Hence, the MFI has not yet shown a sell signal.
The A/D indicator has trended higher over the past two weeks to reflect increased buying pressure behind Pepe.
It was likely that the price would advance to the $0.000009-$0.0000095 local resistance zone before the bulls were driven back. Swing traders already in a long position can use a retest of this region to take profits.
The liquidation heatmap revealed that $0.000009 and $0.000006 were the primary magnetic zones in the coming weeks. A sweep of either liquidity pool would likely result in a trend reversal.
This is not a guarantee, as strong market-wide sentiment can push Pepe prices well beyond the range extremes. However, until such conviction seizes the market, traders can continue to anticipate a range-like price action.#BinanceTurns7 #BTC☀ #pepe⚡ #doge⚡ #shiba⚡ $BTC $ETH $PEPE
The upcoming bull run, if it arrives, would be the first true run for the meme coin, while the other two have already experienced a price expansion during earlier bull runs. This meant that PEPE had greater potential.
The range formation was not a true range as it had sizeable deviations above and below the $0.000009 and $0.00000678 levels, but these levels represented the rough extremes of the range.
The $0.0000077-$0.000008 region has served as resistance over the past month but was breached during the recent rally.
This rally has strong upward momentum as seen on the Money Flow Index and a divergence was not yet spotted. Hence, the MFI has not yet shown a sell signal.
The A/D indicator has trended higher over the past two weeks to reflect increased buying pressure behind Pepe.
It was likely that the price would advance to the $0.000009-$0.0000095 local resistance zone before the bulls were driven back. Swing traders already in a long position can use a retest of this region to take profits.
The liquidation heatmap revealed that $0.000009 and $0.000006 were the primary magnetic zones in the coming weeks. A sweep of either liquidity pool would likely result in a trend reversal.
This is not a guarantee, as strong market-wide sentiment can push Pepe prices well beyond the range extremes. However, until such conviction seizes the market, traders can continue to anticipate a range-like price action.#BinanceTurns7 #BTC☀ #pepe⚡ #doge⚡ #shiba⚡ $BTC $ETH $PEPE
Pepe [PEPE] resumed its downtrend after the bullish 1-day market structure break on the 23rd of August. The structure flipped bearishly on the daily once more after Bitcoin [BTC] fell below the $56k support.
The correlation matrix highlights how closely the price movement of PEPE correlates to Bitcoin but also the other major meme coins, especially Shiba Inu [SHIB].
This also implied that it has been quite difficult for the meme sector to break from the bearish trend of Bitcoin in the past month.
Crypto examined the daily active addresses chart, which showed that the new addresses and active addresses were down by 30.88% and 12.47% respectively in the past week. This meant that activity and adoption were declining.
This was not just a short-term trend. In May, these Pepe metrics formed a respectable high, with active addresses reaching 9.85k. However, since then it has been a steady decline, with the current value at 2.22k.
At the same time, the zero balance addresses have also declined, which usually is a signal of network health and increased participation but in this instance is overshadowed by the other network metrics.
Similarly, over the past month the number of addresses holding PEPE in the short-term, designated as traders, has decreased by 25.03%. The increase in the holder’s numbers was a slight encouragement.
The liquidation heatmap showed that the $0.00000588-$0.00000619 zone is a target for September.
A revisit to this liquidity pool would likely see a trend reversal and can be a good buying opportunity for investors.
However, if Bitcoin continues to face losses and sentiment does not begin to shift in the coming weeks, these liquidity clusters might not be enough to halt the bearish price advance.
#BTC #Binance #pepe⚡ #shiba⚡ #pepecoin🐸 $BTC $PEPE $SHIB
The correlation matrix highlights how closely the price movement of PEPE correlates to Bitcoin but also the other major meme coins, especially Shiba Inu [SHIB].
This also implied that it has been quite difficult for the meme sector to break from the bearish trend of Bitcoin in the past month.
Crypto examined the daily active addresses chart, which showed that the new addresses and active addresses were down by 30.88% and 12.47% respectively in the past week. This meant that activity and adoption were declining.
This was not just a short-term trend. In May, these Pepe metrics formed a respectable high, with active addresses reaching 9.85k. However, since then it has been a steady decline, with the current value at 2.22k.
At the same time, the zero balance addresses have also declined, which usually is a signal of network health and increased participation but in this instance is overshadowed by the other network metrics.
Similarly, over the past month the number of addresses holding PEPE in the short-term, designated as traders, has decreased by 25.03%. The increase in the holder’s numbers was a slight encouragement.
The liquidation heatmap showed that the $0.00000588-$0.00000619 zone is a target for September.
A revisit to this liquidity pool would likely see a trend reversal and can be a good buying opportunity for investors.
However, if Bitcoin continues to face losses and sentiment does not begin to shift in the coming weeks, these liquidity clusters might not be enough to halt the bearish price advance.
#BTC #Binance #pepe⚡ #shiba⚡ #pepecoin🐸 $BTC $PEPE $SHIB
📈💯ALL coins will #Pump like Crazy
My Followers Got Huge PROFITS Check My Previous Posts Every Coin I Said Now Up by atleast 20%
Next Things
Altcoins Gonna Pump Like Crazy ,
1st Preference Will Be $BTC , Then Sol , ETH
And Others
Memecoins Also Got Pumped Like PEPE , FLOKI , BONK
You can Choose Any For Short Term
for LOng Term Choose Bitcoin It will Go Upto 70k$ In Upcoming Week Easily
📈📈 BTC $SOL $PEPE BONK ETH FLOKI
all are pumping and will pump Like Crazy
#AltSeasonComing #BTC☀ #SolanaStrong #pepe⚡
My Followers Got Huge PROFITS Check My Previous Posts Every Coin I Said Now Up by atleast 20%
Next Things
Altcoins Gonna Pump Like Crazy ,
1st Preference Will Be $BTC , Then Sol , ETH
And Others
Memecoins Also Got Pumped Like PEPE , FLOKI , BONK
You can Choose Any For Short Term
for LOng Term Choose Bitcoin It will Go Upto 70k$ In Upcoming Week Easily
📈📈 BTC $SOL $PEPE BONK ETH FLOKI
all are pumping and will pump Like Crazy
#AltSeasonComing #BTC☀ #SolanaStrong #pepe⚡
Memecoins attracted great market interest after Bitcoin’s [BTC] surge to $60k over the last 48 hours. In fact, on Saturday, the memecoin category was ranked second in terms of Open Interest (OI), with a 6% hike according to Coinglass. This can help the segment, including Bonk [BONK].
However, other memecoins like dogwifhat [WIF] and Pepe [PEPE] enjoyed higher volumes than BONK. This could delay a strong push for BONK, especially since it hit a long-term roadblock on the charts.
After BONK’s downtrend in Q2, the memecoin has struggled to clear its key long-term trendline support. The attempted recovery in July and August was reversed at the resistance. At press time, September’s relief rally re-encountered the roadblock at $0.000018.
BONK’s recovery uncertainty was further confirmed by the overbought conditions flashed by the stochastic RSI and neutral reading from the RSI. If BTC remains below $60k, the roadblock could trigger another BONK price rejection.
If so, a price rejection at the obstacle could drag the price to $0.000015 support.
However, BONK could see potential gains of 16% if it breaks above the trendline resistance and surges to the supply zone above $0.000020.
BONK’s OI declined from July’s high of $13 million and has been hovering below $10 million in August and September. This illustrated a decline in interest, followed by flat demand from the Futures market.
Apart from the muted demand, the memecoin also saw massive outflows in August and September from spot markets. This further reinforced investors’ risk-off approach and lack of strong demand from spot buyers.
During the last seven trading days, the memecoin has seen nearly $8 million in outflows from centralized exchanges.
The muted demand could weigh BONK and complicate bulls’ prospects of clearing the long-term hurdle.
If so, the immediate support area at $0.000015 could offer discounted buys for speculators eyeing a possible market rebound from October.
#pepe⚡ #BONKCoinGrowth #WIF🔥🔥 $BONK $PEPE $WIF
However, other memecoins like dogwifhat [WIF] and Pepe [PEPE] enjoyed higher volumes than BONK. This could delay a strong push for BONK, especially since it hit a long-term roadblock on the charts.
After BONK’s downtrend in Q2, the memecoin has struggled to clear its key long-term trendline support. The attempted recovery in July and August was reversed at the resistance. At press time, September’s relief rally re-encountered the roadblock at $0.000018.
BONK’s recovery uncertainty was further confirmed by the overbought conditions flashed by the stochastic RSI and neutral reading from the RSI. If BTC remains below $60k, the roadblock could trigger another BONK price rejection.
If so, a price rejection at the obstacle could drag the price to $0.000015 support.
However, BONK could see potential gains of 16% if it breaks above the trendline resistance and surges to the supply zone above $0.000020.
BONK’s OI declined from July’s high of $13 million and has been hovering below $10 million in August and September. This illustrated a decline in interest, followed by flat demand from the Futures market.
Apart from the muted demand, the memecoin also saw massive outflows in August and September from spot markets. This further reinforced investors’ risk-off approach and lack of strong demand from spot buyers.
During the last seven trading days, the memecoin has seen nearly $8 million in outflows from centralized exchanges.
The muted demand could weigh BONK and complicate bulls’ prospects of clearing the long-term hurdle.
If so, the immediate support area at $0.000015 could offer discounted buys for speculators eyeing a possible market rebound from October.
#pepe⚡ #BONKCoinGrowth #WIF🔥🔥 $BONK $PEPE $WIF
Crypto market’s weekly winners and losers – STRK, HNT, DOGS, and ATOM
Starknet, Helium, and SUI had the biggest gains of the past week.
DOGS, Cosmos, and Beam were the biggest losers of the past week.
DOGS came out blazing, well, almost, as it ended up being one of the crypto market’s biggest losers in the past week. Helium led the gainers’ chart in the week before now, and this past week, it came second, making sure to remain among the biggest winners.
Biggest winners
Starknet [STRK]
Analysis of the Starknet [STRK] price trend indicates an eventful week. It started at around $0.35 and saw consecutive price increases, reaching $0.44 by the end of the week.
According to data from CoinMarketCap, STRK was the highest gainer in the past week, posting a notable 23% increase.
Additionally, the trading volume saw significant spikes during the week. Volume initially surged to over $120 million; later in the week, it exceeded $160 million.
However, as of this writing, the volume has slightly declined to around $119 million, reflecting an 11% decrease. The market capitalization of Starknet currently stands at over $776 million.
Helium [HNT]
For the second consecutive week, Helium [HNT] has appeared among the biggest winners in the cryptocurrency market. In the previous week, HNT was the top gainer, increasing by over 5%.
This past week, it continued its strong performance, becoming the second-biggest winner with a 16.6% increase.
At the start of the week, Helium was trading around $7. It saw some upward movement, but its price significantly increasedAdditionally, the trading volume saw significant spikes during the week. Volume initially surged to over $120 million; later in the week, it exceeded $160 million.
However, as of this writing, the volume has slightly declined to around $119 million, reflecting an 11% decrease. The market capitalization of Starknet currently stands at over $776 million.
Helium [HNT]
For the second consecutive week, Helium [HNT] has appeared among the biggest winners in the cryptocurrency market. In the previous week, HNT was the top gainer, increasing by over 5%.
This past week, it continued its strong performance, becoming the second-biggest winner with a 16.6% increase.
At the start of the week, Helium was trading around $7. It saw some upward movement, but its price significantly increased momentum around 4th September.
By 6th September, HNT reached a high of $8.6. By the end of the week, it was trading at around $8. As of this writing, HNT is still trading at around $8, with a market capitalization of approximately $1.2 billion.
However, its trading volume has declined by over 50% in the last 24 hours, currently at around $16.3 million.
Sui [SUI]
Analysis of Sui [SUI] on a daily chart shows that it started the week trading at around $0.76, experiencing an initial decline of over 4%. The price movement was choppy throughout the week, with the short-moving average (yellow line) acting as resistance.
However, consecutive uptrends on the 6th and 7th of September flipped this resistance into support. During these two days, SUI saw price increases of over 5% and 6%, respectively, and by the end of the week, it was trading at around $0.90.
Data from CoinMarketCap indicates that SUI increased by over 16%, making it the third-highest gainer for the week.
The price rise shifted SUI from a bearish to a bullish trend, as confirmed by its Relative Strength Index (RSI), which crossed above the neutral line and was approaching 60 as of this writing.
SUI is trading with an additional 3% increase, and its market capitalization stands at approximately $2.4 billion. Its trading volume, however, has declined by almost 30%, with the current volume at around $301.7 million.
Despite the volume decrease, the recent price action and trend shift suggest continued bullish momentum for SUI.
Biggest losers
DOGS [DOGS]
DOGS recently caused a spike in activity on the Ton network due to massive transactions, but it has since experienced significant declines after the initial hype subsided.
According to data from CoinMarketCap, DOGS was the biggest loser of the past week, with a decline of over 18%.
At the start of the week, DOGS was priced at around $0.0012 but faced substantial declines throughout the remaining days. By the end of the week, it was trading at approximately $0.0010.
As of this writing, its market capitalization is around $527 million, reflecting a nearly 3% decline.
Additionally, DOGS’ trading volume has dropped by approximately 35%, with the current volume at around $350.6 million.
Cosmos [ATOM]
An analysis of Cosmos (ATOM) on a daily chart reveals a downward price trend over the past week. The chart indicates that ATOM experienced gains only once during the week, with a rise of over 3%, while negative trends marked the rest of the week.
Data from CoinMarketCap shows that ATOM’s price declined by over 18%.
The recent price declines have strengthened the bearish trend, and analysis of the Relative Strength Index (RSI) shows that it has dropped below 30, indicating that ATOM is now in oversold territory.
ATOM’s market capitalization is approximately $1.4 billion as of this writing. Its trading volume has also decreased significantly, dropping by over 33%, with the current volume at around $112 million.
Beam [BEAM]
Beam (BEAM) took the spot as the third-biggest loser of the week, with a decline of over 14%, according to data from CoinMarketCap. An analysis of its price trend shows that BEAM started the week trading around $0.014 but saw consistent declines.
By the end of the week, its price had dropped to approximately $0.011.
As of this writing, BEAM’s market capitalization stands at around $596 million, and its trading volume has fallen by over 30%, with the current volume at approximately $6.3 million.
Conclusion
Here’s the weekly recap of the biggest gainers and losers. It’s crucial to bear in mind the volatile nature of the market, where prices can shift rapidly.
Thus, doing your own research (DYOR) before making investment decisions is best.
#BTC #Binance #dogs #pepe⚡
DOGS, Cosmos, and Beam were the biggest losers of the past week.
DOGS came out blazing, well, almost, as it ended up being one of the crypto market’s biggest losers in the past week. Helium led the gainers’ chart in the week before now, and this past week, it came second, making sure to remain among the biggest winners.
Biggest winners
Starknet [STRK]
Analysis of the Starknet [STRK] price trend indicates an eventful week. It started at around $0.35 and saw consecutive price increases, reaching $0.44 by the end of the week.
According to data from CoinMarketCap, STRK was the highest gainer in the past week, posting a notable 23% increase.
Additionally, the trading volume saw significant spikes during the week. Volume initially surged to over $120 million; later in the week, it exceeded $160 million.
However, as of this writing, the volume has slightly declined to around $119 million, reflecting an 11% decrease. The market capitalization of Starknet currently stands at over $776 million.
Helium [HNT]
For the second consecutive week, Helium [HNT] has appeared among the biggest winners in the cryptocurrency market. In the previous week, HNT was the top gainer, increasing by over 5%.
This past week, it continued its strong performance, becoming the second-biggest winner with a 16.6% increase.
At the start of the week, Helium was trading around $7. It saw some upward movement, but its price significantly increasedAdditionally, the trading volume saw significant spikes during the week. Volume initially surged to over $120 million; later in the week, it exceeded $160 million.
However, as of this writing, the volume has slightly declined to around $119 million, reflecting an 11% decrease. The market capitalization of Starknet currently stands at over $776 million.
Helium [HNT]
For the second consecutive week, Helium [HNT] has appeared among the biggest winners in the cryptocurrency market. In the previous week, HNT was the top gainer, increasing by over 5%.
This past week, it continued its strong performance, becoming the second-biggest winner with a 16.6% increase.
At the start of the week, Helium was trading around $7. It saw some upward movement, but its price significantly increased momentum around 4th September.
By 6th September, HNT reached a high of $8.6. By the end of the week, it was trading at around $8. As of this writing, HNT is still trading at around $8, with a market capitalization of approximately $1.2 billion.
However, its trading volume has declined by over 50% in the last 24 hours, currently at around $16.3 million.
Sui [SUI]
Analysis of Sui [SUI] on a daily chart shows that it started the week trading at around $0.76, experiencing an initial decline of over 4%. The price movement was choppy throughout the week, with the short-moving average (yellow line) acting as resistance.
However, consecutive uptrends on the 6th and 7th of September flipped this resistance into support. During these two days, SUI saw price increases of over 5% and 6%, respectively, and by the end of the week, it was trading at around $0.90.
Data from CoinMarketCap indicates that SUI increased by over 16%, making it the third-highest gainer for the week.
The price rise shifted SUI from a bearish to a bullish trend, as confirmed by its Relative Strength Index (RSI), which crossed above the neutral line and was approaching 60 as of this writing.
SUI is trading with an additional 3% increase, and its market capitalization stands at approximately $2.4 billion. Its trading volume, however, has declined by almost 30%, with the current volume at around $301.7 million.
Despite the volume decrease, the recent price action and trend shift suggest continued bullish momentum for SUI.
Biggest losers
DOGS [DOGS]
DOGS recently caused a spike in activity on the Ton network due to massive transactions, but it has since experienced significant declines after the initial hype subsided.
According to data from CoinMarketCap, DOGS was the biggest loser of the past week, with a decline of over 18%.
At the start of the week, DOGS was priced at around $0.0012 but faced substantial declines throughout the remaining days. By the end of the week, it was trading at approximately $0.0010.
As of this writing, its market capitalization is around $527 million, reflecting a nearly 3% decline.
Additionally, DOGS’ trading volume has dropped by approximately 35%, with the current volume at around $350.6 million.
Cosmos [ATOM]
An analysis of Cosmos (ATOM) on a daily chart reveals a downward price trend over the past week. The chart indicates that ATOM experienced gains only once during the week, with a rise of over 3%, while negative trends marked the rest of the week.
Data from CoinMarketCap shows that ATOM’s price declined by over 18%.
The recent price declines have strengthened the bearish trend, and analysis of the Relative Strength Index (RSI) shows that it has dropped below 30, indicating that ATOM is now in oversold territory.
ATOM’s market capitalization is approximately $1.4 billion as of this writing. Its trading volume has also decreased significantly, dropping by over 33%, with the current volume at around $112 million.
Beam [BEAM]
Beam (BEAM) took the spot as the third-biggest loser of the week, with a decline of over 14%, according to data from CoinMarketCap. An analysis of its price trend shows that BEAM started the week trading around $0.014 but saw consistent declines.
By the end of the week, its price had dropped to approximately $0.011.
As of this writing, BEAM’s market capitalization stands at around $596 million, and its trading volume has fallen by over 30%, with the current volume at approximately $6.3 million.
Conclusion
Here’s the weekly recap of the biggest gainers and losers. It’s crucial to bear in mind the volatile nature of the market, where prices can shift rapidly.
Thus, doing your own research (DYOR) before making investment decisions is best.
#BTC #Binance #dogs #pepe⚡