Major price drop for coins COS and AVA | Syed Omer Hussain on Binance Square

Trending Articles

Bookmarked and Liked

Syed Omer Hussain

--

Major price drop for coins COS and AVA 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

COS

0.00879

-5.63%

AVA

1.6069

-3.40%

9.8k

0

Replies 5

Quote 2

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Syed Omer Hussain

@Square-Creator-26c90bb0aae8

Explore More From Creator

Binance Triggers 50% NEIRO Crash With Controversial Listing, But Is This An Opportunity? #downfall #NEIRO⏰🤫 The Neiro Ethereum (NEIRO) meme coin has been caught in a whirlwind of controversy after a Binance spot listing led to the crypto exchange having two different coins by the same name on the platform. As a result, the initial Neiro Ethereum (NEIRO) meme coin listed by the crypto exchange suffered an over 50% crash. This has led to panic selling by investors, but not everyone is looking at this as a reason to exist. Crypto analyst Weslad has proposed that this could, in fact, be an opportunity to get a great entry on the cryptocurrency. NEIRO Setup For Further Price Gains Crypto analyst Weslad has pointed to the NEIRO price decline as a possible opportunity to enter into the meme coin. The analysis which was posted on the TradingView website shows the path of the decline since its began. In addition, it also shows a possible bottom before the next leg-up begins from here. Related Reading: Crypto Pundit Shuts Down Predictions Of XRP Price Hitting $1,000 If the analyst is correct, then the NEIRO price may not be done with its crash. So far, the meme coin’s price has gone from as high as a $190 million market cap to below $80 million market cap. Weslad’s analysis predicts a further dump to $0.055. If this happens, it would mean another 28.5% crash from the current level. However, this level, which the analyst predicts would be the bottom, would be a prime area for accumulation. As the analyst explains, the NEIRO price has been able to breakout from its downtrend that began with the Binance controversy and is already looking toward a recovery. This is why the crypto analyst believes that it might be time to start accumulating the meme coin in preparation for the next NEIRO price pump. “Our plan is to accumulate in the immediate buy-back zone and hold the position until reaching the final setup area, which is anticipated to be a strong sell-off zone,” Weslad stated.

--

Bitcoin ETFs Record USD 10B Inflows, Floki Makes News With Launch Of Debit Card While New Viral Token Gains Investor Attention With the bull market in full swing, several major developments are shaping where crypto is going forward. For one, institutional investment in Bitcoin has reached new highs, a bullish signal for the entire market. At the same time, Floki revealed a major development, while a new viral token Cutoshi is gaining attention thanks to its presale. Bitcoin Institutional Investment Surges The changing regulatory environment in the US is boosting Bitcoin (BTC) to new highs. The biggest coin on the market reached its all-time high of $103,900 in December, as major institutions are buying it up. Recently, Bitcoin spot exchange-traded funds (ETFs) have seen record inflows. Since the November 5 elections in the US, the figure reached a staggering $10 billion. The figures suggest that banks, investment funds and other institutions are significantly increasing their Bitcoin exposure. The reasons for the change are many. Most notably, the incoming administration under Donald Trump has already signaled its pro-crypto policies. This shift in regulation means that banks, traditionally very concerned about regulatory risk, are more likely to invest. At the same time, Bitcoin is increasingly seen as a counter-cyclical asset and a hedge against inflation. This means that Bitcoin plays a similar role in a diversified portfolio to gold. This is a significant factor, as even before the elections, ETF inflows in Bitcoin were on the rise. In October, net inflows reached $479 million in a single day. The increase in institutional investment is key for Bitcoin's long-term growth, due to the huge capital reserves banks and financial institutions have. Floki Debit Card Lets You Spend Crypto Like Cash Floki Inu (Floki) recently came into the spotlight after unveiling major news for its users. The new Floki crypto debit card just launched, which allows traders to spend their crypto like cash.

--

$NEIRO i feel to buy Neiro as it’s looking way to low, with a possible stop loss at 0.001000

--

Will Cardano (ADA) Reach $2 Before Dogecoin? This Viral Altcoin Eyes a 4,000% Surge Cardano (ADA) recently broke past the $1 mark after a prolonged struggle, sparking fresh speculation about its potential to hit $2 before Dogecoin (DOGE), which has also seen notable price swings. While these established coins battle for dominance, Lunex Network is capturing attention with its extraordinary growth potential. Promising a staggering 2,000% surge, Lunex Network is emerging as a standout player. $LNEX’s ongoing ICO has already raised over $4 million, signaling strong investor confidence. Cardano (ADA) Eyes a 66% Surge in December: Can It Hit $2 Soon? Cardano (ADA) is primed for a potential 66% surge in December, mirroring its historical bullish trend during the month. According to Cryptorank data, Cardano has consistently delivered an average December growth rate of 66.8%, positioning it for a strong end to the year. Currently trading at $1.14, Cardano recently gained 6.60% within 24 hours, while its trading volume skyrocketed by 214.52% to $4.29 billion, signaling renewed investor enthusiasm. This positive momentum aligns with bullish patterns from prior December. In 2021, for instance, peaked at $1.72 in December, just months after nearing its $3 all-time high. Analysts are optimistic that Cardano could repeat such a rally, particularly if its current upward trend holds. Fibonacci projections even suggest ambitious price targets, with $2.453 and $8.30 emerging as key levels. Cardano’s fundamentals further bolster its prospects. Innovations like Quantum Hosky and the Chang hard fork update have fueled hype, enhancing its potential to outperform peers like Dogecoin (DOGE). Dogecoin (DOGE) Struggles to Maintain Momentum Amid $2 Hype Dogecoin (DOGE) has surged by an impressive 177.21% this month, largely fueled by Elon Musk’s mentions on X and excitement surrounding the Department of Government Efficiency’s nods to the meme coin. As of now, Dogecoin trades at $0.4292, gaining 1.85% in the last 24 hours and 1.64% over the past week.

--

XRP Price Slips. Why the Crypto Is Selling Off Today. XRP has rallied over 400% since President-elect Donald Trump won the election, but Investors should brace for more volatility. XRP fell early Wednesday after Tuesday’s crypto rally saw the price of the digital token soar double digits. Investors should brace for more volatility. XRP is down 5.3% over the last 24 hours to $2.57. It dropped from its high of $2.73 on Tuesday afternoon, as investors were likely taking profits. Cryptocurrencies across the board got a boost Tuesday after Ripple, the payment platform that issues XRP, announced the beginning of trading of its new stablecoin RLUSD. “RLUSD is already being viewed as a highly promising stablecoin, comparable to USDT and USDC , and is even considered a potential competitor to them,” said Arthur Azizov, CEO at the crypto business B2BinPay. Boosted by hopes that RLUSD will cement Ripple’s position as a key player in the crypto space, XRP could reach a price range of between $5 and $7 in the first half of 2025, Azizov added. While crypto bulls will be bulls, there’s reason to be cautious around Ripple and its digital tokens. First, unlike other cryptos XRP isn’t mined by supercomputers solving complex problems. Instead, its supply is finite and Ripple controls most of it to ensure market stability, which has both advantages and drawbacks. Second, investors would also be right to question if its sensible that a currency with such a limited use case (XRP can only be used to settle payments on the Ripple platform) has a market value of $147 billion. Third, Ripple’s stablecoin RLUSD, which, unlike XRP, is pegged to the U.S. dollar and backed by the same amount of cash-equivalents according to Ripple, could struggle to keep its value on par with the dollar. That has been the case for Tether , the biggest stablecoin on the market, which in 2022 saw its value slip below its $1 peg.

--

Latest News

Mad Lads NFTs Sold Below Market Value

--

MicroStrategy Plans to Leverage Fixed Income Securities for Bitcoin Purchases

--

Fidelity's FBTC and FETH Show No Capital Movement

--

Solana Network Surpasses Major Blockchains in Transaction Volume

--

Musk to Attend Meeting with Trump and Bezos

--

Cookie Preferences

ba-one-trust-cookie