Carpenter Earned $415 Million from Tesla, Only to Lose It All 💔
Christopher DeVocht, a carpenter from Vancouver Island, transformed his $88,000 investment into an astonishing $415 million fortune by making bold bets on Tesla stock options back in 2019.
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According to DeVocht, his advisers at RBC Dominion Securities urged him to keep all his funds invested in Tesla, celebrating his “incredible wealth” but failing to alert him to the potential dangers. When Tesla’s stock plummeted in 2022, his fortune disappeared almost instantly.
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Now, DeVocht is taking legal action against RBC and Grant Thornton, alleging they provided reckless advice that led to his financial collapse. Just imagine, amassing hundreds of millions, only to watch it vanish in less than a day.
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#MarketDownturn #Altcoins
Crypto Trader Turns $58K Into $7M with GOAT: Smart Strategy or Insider Edge?
A crypto trader recently made headlines by transforming an initial $58K investment into a staggering $7M profit through trading the Solana meme coin Goatseus Maximus (GOAT). This impressive feat has stirred speculation about whether it was due to a sharp trading strategy or potential insider knowledge.
Astounding Gains: A trader leveraged strategic timing with GOAT to amass $7.5M in profits.
Incredible ROI: The investment of $58K yielded a remarkable return, spotlighting GOAT's potential for substantial gains.
Bullish Market Response: GOAT surged nearly 400% this month, fueling optimism among investors.
In a major market event, a crypto trader captured widespread attention after making $7 million from Goatseus Maximus (GOAT), Solana’s trending meme coin. Blockchain analysis by Arkham on November 2 shows the trader initially invested $58K, acquiring 1.5% of GOAT's total supply. Over the last month, GOAT rallied by nearly 400%, reinforcing a bullish outlook. The massive profit has many questioning whether this success reflects insider access or simply sharp trading acumen.
The Trader’s Strategy with GOAT
Data from Arkham reveals the trader bought large amounts of the Truth Terminal-backed token approximately one month ago, preceding a flurry of GOAT listings on major crypto exchanges. This helped drive its price upward, and the trader’s account now holds 13.35 million GOAT coins. Notably, this address previously accumulated the DADDY token, although it hasn’t yielded the same success, adding a layer of intrigue to this investment.
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ETH is currently in a downtrend, with bearish pressure evident from the moving averages and high sell volume. If ETH can hold above the 2,470.00 support, there may be a chance for a rebound. However, if it breaks below this level, traders may look for further downside targets.
Immediate Support: 2,470.00 USDT. A break below this level could open the door for further declines.
Immediate Resistance: 2,500.00 USDT. ETH needs to break above this level to regain some bullish momentum and test the next resistance level.
Trade Here $ETH
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BTC is experiencing strong volatility and currently faces short-term bearish pressure. A move below $69,390 could indicate further declines, while a breakout above $69,861 could push BTC toward the $71,632 resistance level.
Immediate Support: Around $69,390 (recent low).
Immediate Resistance: The price faced resistance at $69,861.
If BTC breaks below the $69,390 level, it may drop further to test the next support zone near $68,820. Conversely, if BTC surpasses $69,861, it could potentially target the recent high at $71,632.
Trade Here $BTC
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🚨Next week will have big ups and downs for #crypto .
After the #election , the market may pull back to around 65,300 before moving up.
If #trump wins, it could hit 74,000-75,000.
If #Harris wins, it might drop to 63,000-60,000.
Are you prepared for the changes?
Bitcoin update
1) Major event upcoming is November 5 us election, till Bitcoin will consolidate
2) Afterthat bothside stophunt then it's move in way upside probably Alltime high. Expansion higher
3) liquidity heatmap shows 73-74k area for short liquidition
4) weekend probably nothing we can expect from btc , no big moves
📢Disclaimer: The information provided here is for general informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments are subject to market risks, including the potential loss of principal. Past performance is not indicative of future results.
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#BitcoinETFUpdate
Top 3 Altcoins to Buy During This Market Dip 🚀
Best Altcoins for the Upcoming Altcoin Season
This week, the cryptocurrency market has seen a sharp downturn, with major tokens experiencing significant declines. Bitcoin (BTC) hit a low of $68,779, raising concerns about the market's stability.
Is this a good time to invest in altcoins? Here are the top 3 altcoins that could see a strong reversal soon.
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Worldcoin ($WLD )
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Worldcoin dropped 8.24% in the past week but has gained around 19% over the last month, indicating potential long-term growth.
Analysis: In the daily timeframe, the SMA serves as resistance, while the MACD indicator shows a neutral trend, signaling uncertainty.
Outlook: If bulls regain control, WLD could retest its resistance at $3.30. Otherwise, it may drop to the support level at $1.35.
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Cat in a Dogs World (MEW)
After an 11% weekly drop, MEW rose 4.96% in the past 24 hours, with a trading volume of $132.7 million, indicating heightened activity.
Analysis: The RSI is above neutral, while the SMA shows a negative trend, suggesting mixed sentiment.
Outlook: If bullish momentum grows, MEW could retest resistance at $0.0120. If bearish pressure continues, it might fall to the support at $0.0070.
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Celestia ($TIA )
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TIA surged 4.68% in the last 24 hours, with a trading volume of $224.3 million and a market cap of $1.934 billion, ranking it 46th in the market.
Analysis: The MACD histogram remains red, and the 50-day EMA acts as resistance, implying a bearish outlook.
Outlook: A bullish push could drive TIA to the resistance at $7.43, while a bearish move might pull it to support at $3.925.
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Simple Ways to Earn 3 USDT on Binance 🌀
1. Staking & Farming
Utilize Binance’s staking and farming features for USDT and other cryptocurrencies. Lock your USDT to earn passive rewards, and check out the Binance Earn section for current staking and farming pools.
2. Lending
Earn interest by lending USDT to other users directly. Go to Binance Lending, set your desired interest rate, and create a lending offer based on your preferred duration.
3. Liquidity Provision
Provide USDT to liquidity pools on Binance DEX to earn a share of trading fees. Contributing to USDT trading pairs allows you to benefit from high trading volumes.
4. Referral Program
Invite others to join Binance using your referral link, and earn commissions from the trading fees of those you refer. It’s a straightforward way to build passive income by expanding your referral network.
5. Binance Launchpad & Launchpool
Get early access to new tokens through Binance Launchpad or earn tokens by staking on Launchpool, which can later be traded for USDT. These platforms provide opportunities to access project tokens with growth potential.
6. Trading
Experienced traders can trade USDT against various cryptocurrencies using Binance’s trading tools to develop strategies. This method suits those with trading expertise, offering a way to generate income.
Important Reminder
Always do thorough research, understand the risks involved, and manage funds responsibly. To diversify your income, stay informed about Binance’s latest products and updates.
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#Launchpool #Altcoins
PEPE On The Verge of a Major Breakout: Bullish Signals Abound🐸
The momentum is building for Pepe ($PEPE ), with on-chain indicators suggesting a potential breakout. PEPE ($PEPE) is showing signs of a substantial rally, with some projections hinting at gains up to 300% in the medium term. Following a considerable dip, PEPE is catching investor attention once again, marked by rising transaction volumes and increased whale activity.
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Transaction Volume Surges – A Bullish Indicator
In the past 24 hours, PEPE’s transaction volume surged by 14.13%, reaching 791.15 million, sparking renewed optimism. Many investors view this as a prime entry point into the popular memecoin. With rising interest, PEPE seems ready to challenge upcoming resistance levels, potentially setting the stage for further growth. The increased volume could even eliminate another decimal from PEPE’s price if positive market sentiment holds, drawing more investors to the asset.
Whales Making Big Moves in PEPE
Excitement around PEPE has intensified as whale transactions increase. On October 28, one major player moved around $11.5 million in PEPE tokens, sparking speculation. Such high-stakes moves often signal strong interest from large investors, hinting at a potential price surge. With Bitcoin’s bullish impact spreading across the market, PEPE is feeling the ripple effect, with whale actions boosting growth expectations.
A Turning Point for PEPE’s Growth
Recent on-chain data has bolstered investor confidence, especially among institutional players monitoring whale behavior. With transaction volumes and whale activities on the rise, PEPE appears ready for a significant ascent. Many are closely watching PEPE’s price action, as this momentum could make it a defining moment for the memecoin.
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#Memecoins #Bullish2025
💪 I keep thinking about the #Blockchain fundamentals. #Decentralization is the superpower that allows us to move from #web2 to #Web3 . Web2 systems are inherently centralized, which means they cannot offer the benefits of Web3. Users just have to trust companies to do the right thing.
In reality, we know that trust is misplaced. Systems go down, platforms are #Hacked , data is leaked and sold, users are exploited.
We put so much emphasis on decentralization in Web3 because without it, we’d still be Web2.
You may also think about it sometimes 🤔
📉 IO on the Move!
$IO is currently tracing a classic triangle pattern, inching closer to its support zone. 🌟 For those eyeing new entries, watch the Support Area: $1.30-$1.40 closely.
This could be your green light to buy in! 📈 Conversely, keep an eye on the #Resistance Area: $1.80-$1.85 for potential sell signals.
Remember, trading carries risks, but with patterns like these, opportunities might just be knocking! 🚪💰
#iousdt #IO