Top Blockchain Games with Highest Social Engagements on #BNB

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The Binance Coin price pattern breakthrough predicts $1,000 per BNB. Binance Coin consolidates in a Bullish Pennant. BNB could rise 63% to $1,005 with this configuration. A daily candlestick close below $526 disproves bullishness. BNB has traded in a range for about 11 weeks. BNB is squeezed further with each daily candlestick closure, indicating a continuous drop in volatility. Compressive price actions usually lead to a major breakout, which BNB will experience. Price of Binance Coin may breakout Binance Coin rose 63% between March 6 and 16, peaking at $646. BNB's fast rise from $394 to $646 in 10 days was followed by a consolidative phase on Saturday. The Binance Coin price movement from March 6 to June 1 forms a Bullish Pennant. The 63% rally is the flag pole, and the sideways movement with lower highs and higher lows is the pennant. Add the flag pole's height to the breakout point to get this setup's prediction. If Binance Coin breaks out at $616, the flag pole's height indicates a Bullish Pennant goal of $1005. This ambitious goal is 45% from the record $692.90. If the market outlook worsens and Bitcoin (BTC) drops below $60,000, Binance Coin may break its positive pattern and breakout bearishly. This would break the bullish pennant. BNB might fall 9% and test $526. If a daily candlestick closure turns this support into resistance, a downturn may begin. #BNB #Binance #btc70k #BinanceLaunchpool $BNB

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Dogecoin Whales Spent 700 Million DOGE Shopping. Dogecoin whales have net bought a lot in the previous three days, according to on-chain statistics. Dogecoin Whales' Holdings Have Increased DOGE whales recently accumulated a lot. The Santiment analytics firm's “Supply Distribution” tracks the entire Dogecoin supply held by wallet groups on-chain. The addresses or investors are separated into various cohorts by their coin balance. The 1 to 10 coins category comprises all addresses with 1 to 10 DOGE. The Supply Distribution would measure the entire supply held by investors meeting this requirement. Bitcoin-Gold Correlation Is Rising: What It Means In this topic, “whales” are important. These holders have 100 million to 1 billion DOGE. The current Dogecoin conversion rate makes the two extremes of this range $16.1 million and $161 million. Whales are huge, which makes them important in the network. These investors' supply trends may be used to follow their activity. The graph shows that Dogecoin whales have increased their holdings. Over the last three days, these massive holders have acquired 700 million DOGE (worth roughly $113 million). This purchase coincides with a modest bitcoin price drop. These investors seem to think the coin's present values are lucrative entry locations. Naturally, large money investors expressing interest in the asset is optimistic. Related: PEPE Falls 15%, Leaves Top 20 Crypto List The purchasing frenzy increased this group's supply to 30.91 billion DOGE. This indicates whales control 21.4% of memecoin circulation. DOGE's whale purchasing has improved, but SHIB's hasn't. In another X post, Ali noted that centralized exchanges had received $103 million in SHIB in recent weeks. Because investors deposit to these platforms for selling, these high deposits may indicate Shiba Inu whales are selling or ready to sell. #altcoins #DOGE #memecoins $DOGE

#MarketSentimentToday Market Analysis: Will Mt. Gox's Bitcoin Distribution Impact Crypto Prices? Some investors worry about Bitcoin pricing after Mt. Gox distributes $9 billion worth of Bitcoin. Industry experts and large creditors think BTC's long-term optimistic potential will overcome its short-term volatility. After US spot Bitcoin ETFs are approved, many market professionals expect the market to absorb the new tokens. Nobuaki Kobayashi, Mt. Gox's Japanese trustee, revealed intentions to distribute Bitcoin and Bitcoin Cash to creditors, Most applicants should get tokens by October. However, Bitcoin's price may be affected by this large-scale dispersion. Despite worries, major creditors and long-time market players believe Bitcoin will survive, Bloomberg reports. Many want to keep the allocated coins for price appreciation. Adam Back, CEO of blockchain technology startup Blockstream and a creditor, calls selling early in a bull market “illogical”. After a decade, Back shows waiting longer may provide better profits. CEO Brian Dixon says other creditors, such Off the Chain Capital, would sell Bitcoin only when “better investment opportunities arise,” citing Bitcoin's recent success as the best-performing asset. Dixon emphasizes the Bitcoin market's maturity following Mt. Gox's collapse. Despite its magnitude, he believes the distribution will not affect pricing. Pantera Capital portfolio manager Cosmo Jiang says the sum is large, but the distribution will take time, making it less market-actionable. Distributed tokens should be absorbed without disturbance due to $26.6 billion in daily Bitcoin trade. Mt. Gox BCH Sales in Distribution? Creditors don't expect the same token allocation to all claims. Instead, they anticipate the trustee to issue coins in tranches, maybe favoring earlier claims. This may reduce immediate market pressure. Galaxy Research forecasts that credit funds with 20,000 BTC will not sell large amounts. Their limited partners (LPs) should get Bitcoin in kind. #MtGox #btc70k #BTC $BTC

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