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NerveNetwork is landing on Zksync ecosystem! We're glad to announce that #NerveNetwork will support #Zksync projects & users with its full suite of products, which includes NerveBridge, NerveSwap, and NerveFarm #Binance #crypto2023 #BTC

NerveNetwork is landing on Zksync ecosystem! We're glad to announce that #NerveNetwork will support #Zksync projects & users with its full suite of products, which includes NerveBridge, NerveSwap, and NerveFarm

#Binance #crypto2023 #BTC

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A Signal to Buy? Bitcoin Facing Pressure, But Whales Own More Than $331 Billion in BTC! The on-chain data reveals something different, even if Bitcoin prices are stuck in a tight range and are struggling to gain momentum. One expert points out that the biggest cryptocurrency holders, known as "whales," are aggressively amassing the coin with the greatest market value, which brings us to X. Bitcoin Extremavors Amassing Wealth Despite Market Decline When this information was made public, Bitcoin whales had 5.1 million BTC, which was worth an incredible $331 billion. That there is still demand when the coin moves in a narrow range flies in the face of recent market weakness and skeptics betting on even more price dumps. The current price of Bitcoin is between $60,000 and $73,800, firmly within a range. Even after the Halving on April 20, the currency has not been able to climb further, failing to breach beyond $70,000 despite general market optimism. Prices may be solid, but the lack of action after April 21 and 22 suggests they are weak. If the price of BTCUSDT were to break over the middle BB, the market may see a dramatic explosion. The coin's momentum may take it to new heights if the recent surge is supported by good underlying developments. When sellers start buying again, however, Bitcoin's price can fall considerably more. A negative signal was given by the strong rejection of bulls on April 24. So, this may trigger a series of lower lows, bringing the currency down to its April 2023 lows or perhaps lower. Fearful Traders Record Massive Losses Two of the largest cryptocurrency exchanges in terms of trading volume, Binance and OKX, have seen panic sellers unload 5,137 BTC worth of cryptocurrency at a loss over the last two weeks, according to data from parallel markets. Prices have been swooping downward over this period, according to the statistics, and bulls have been unable to halt the selloff, particularly after two consecutive losses on April 12 and 13. #bitcoinhalving #BTC #Whale $BTC
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By April, can BNB reach $700? The race begins! Despite the crypto market's decline, Binance's major cryptocurrency, BNB, has grown. BNB rose 18.4% to $607 after bottoming at $512 on April 17. This extraordinary comeback puts BNB in a strong position for a bullish pennant breakthrough and a higher token price. The current developments surrounding BNB are one reason for its positive outlook. WuBlockchain announced the BNB Foundation's 27th quarterly token burn on Twitter. This burned 1,944,452.51 BNB tokens, worth $1.17 billion. This Foundation staking plan shows their commitment to a deflationary objective that promotes BNB's long-term development and prosperity. According to the BNB price estimate, BNB's technical aspect bodes well. Critical indicators like EMA and DMI indicate a steady rise. BNB has received significant support from the 50-day EMA, and the bullish DMI crossing indicates rising trader confidence. Financial professionals and analysts watch the BNB price chart's pennant formation, a technical pattern linked with strong upward movements. This often leads to an increasing trend that might drive prices higher. BNB might reach $775 if it overcomes this configuration. However, several experts are focusing on whether BNB will break $650 before month's end. Maintaining its current positive trends will be crucial to achieving this goal. Instead, they may be external market movements or supply-related spikes. This may deviate from the trend and delay consolidation. Investors in this circumstance must be vigilant and analyze their trading techniques due to market volatility. Other Binance network upgrades indicate a bright future and entice investors. BNB's rising use in online retail and decentralized banking shows its growing integration into the cryptocurrency and financial scene. Its connection with the Ethereum Virtual Machine (EVM) and minimal operating and transaction costs make the Binance Smart Chain (BSC) popular among developers. As a result, Ethereum-based dApps have proliferated. #BinanceLaunchpool #BNB $BNB
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PEPE Coin rises 50% with whale support—what next? With meme cryptocurrency PEPE rising almost 50% in seven days, the market pullback is welcome. With PEPE at $0.00000738, the bullish trend may continue. This gain is attributed to its loyal investors, notably whales, who have large holdings and have lately increased their stakes. To far, these notable wallet holders have amassed 3.3 trillion PEPE worth $24.3 million in two weeks. The most accurate Pepe price estimate shows their holdings at 46.96 trillion tokens. These players showed their belief in this cryptocurrency's huge potential. In the current upswing, whales' aggressive purchasing has driven the coin's price higher. BC.Game PEPE is mostly interesting since it can turn most pennies into pricey stuff. Their determination has given meme coin the strength to rise. More than 92 trillion PEPE are reaching profitability for their investors, thus this price growth is expected to continue. Over $686 million in supplies was purchased for $0.00000700 to $0.00000890. At $0.00000738 per meme coin, this PEPE supply might be turned for profit. They choose to hold their assets due to the higher return potential and expanding number of investors. Prices will undoubtedly rise further. Keep in mind that PEPE still has several technical issues. After bouncing off a falling wedge pattern, it confronts opposition at $0.00000826, a crucial level that has been a support and resistance zone. This turning moment from opposition to support is crucial. If it succeeds, it will increase the likelihood of profiting from the 92 trillion PEPE and drive the digital asset to test higher resistance levels, notably at $0.00001007, if successful. This stage has 60% growth potential following a wedge pattern breakout. However, these risks must be considered. PEPE may retreat and consider lower support if it fails to break the resistance level. This would set the currency's initial value at $0.00000633, which would significantly damage coin optimism. It might even drop to $0.00000474. #PEPE #Memecoins $PEPE
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#MarketSentimentToday The supply of stablecoins reaches more over $50 billion in Q1 of 2024, while #TRON experiences a 10% rise The first quarter of 2024 saw a quantity of stablecoins on TRON exceeding $50 billion. Gains were seen in TRON's market capitalization, revenue, average DEX volume, and total value locked. Since the start of 2024, the $TRX token has had a 10% rise. According to a research by Messari, the blockchain-based digital platform TRON (TRX) saw growth in the first quarter of 2024. Several measures, including market capitalization, revenue, and total value locked (TVL), showed rises for TRON. Stablecoins bring in $50 million for TRON in the first quarter of 2024. Messari, a crypto intelligence tracker, found that in the first quarter of 2024, TRON's blockchain had significant growth across many important indicators. Currency Tether (USDT) on Tron surpassed $50 billion in Q1, according to the research. Since stablecoin traffic usually signifies fiat onramps, this is significant for market players. Increases in both the demand for assets and the inflow of money (from fiat to crypto via stablecoin) are signs of a growing market for stablecoin. Effect on the pricing of TRON @Justin Sun孙宇晨 The circulating supply of TRON is one of the measures that might influence the price of the token. Token burn and TRX payouts affect the supply that is circulating. All user transaction fees are burned by the protocol, which reduces the quantity of TRON in circulation. The circulating supply of TRON dropped from 88.2 billion to 87.7 billion in Q1 2024, according to data from Messari's report. The yearly inflation rate for TRON is -2.6%. The token's price has risen because of this, among other things. Since the start of 2024, the price of TRON has increased by 10%. The current price of the token on Binance is $0.1184. #BTC #BullorBear
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