2024.BTC is high, how much profit can you get? 8.28 market analysis: The first stage of the decline, the historical support level is 55769, and the second stage is 0.618 of 52443. You can hold 20% in the first stage, 80% or 50% in the second stage. You can set a stop loss instead of a take profit! Follow me, follow the bullet and win!
Is it possible to do the reverse operation? According to previous predictions, this wave of trend will not pull back, and will gradually rise to $53,000. The current price is still around $44,000, and there is still a chance to pull up about $10,000, and then there may be a big pullback, falling below $40,000, and may even fall to between $35,000 and $37,000, forcing those leveraged traders out. Then, it will rise all the way, break through $70,000, hit $100,000, and enter a real bull market.
If I were a dealer, the current $44,000 pullback would give the bears a chance to breathe, but there would be no pullback next. Before, the bears were accustomed to doing swings around $37,000, shorting when it rose and going long when it fell. Now most of the bears are holding orders, and if the price falls further, it will give them a chance to get out. Therefore, it must first be pulled to around $52,000, close to the previous high, completely defeat the bears, and then fall. Everyone should know how to do the reverse operation, right?
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Ripple sells 150 million XRP from its July reserve, putting pressure on XRP price
On July 9, Ripple sold another 150 million XRP from its reserve, worth about $64.5 million. As the largest holder of XRP, Ripple's move is expected to weigh on market sentiment. Ripple sells XRP: the driving force behind market volatility
Sales in July
On July 1, Ripple released 1 billion XRP from its monthly escrow account. 200 million of these were transferred to the company's treasury, and the remaining 800 million were deposited into a new escrow account. Ripple also transferred 100 million XRP to the sale reserve, for a total of 300 million XRP to be sold.
Ripple typically transfers tokens from the "Ripple (1)" account to the unlabeled "rP4X2hTa" account to increase the circulating supply. Currently, there are 100 million XRP in this account, and 50 million have been transferred to the "rhWt2bhR" account, which may then be sent to a centralized exchange.
Whale Movements On July 8, WhaleAlert reported that a large holder transferred 35.35 million XRP, worth about $16 million, to the Bitstamp exchange. This move has sparked speculation about the possible actions of large XRP holders, especially in the context of the SEC case.
Ripple's regular sales usually lead to a drop in the price of XRP. In 2024, the price rose on only 5 of the 14 days of sales, indicating its huge impact on the market. In the first half of this year, XRP performed poorly in four of the six months, and the total supply increased by 3.10%.
Currently, XRP is trading at $0.43, down 30% this year and 17% since the sharp sell-off on June 7.
Ripple's legal dispute with the SEC remains an important factor affecting market sentiment.
The pending ruling will determine the fine, with the SEC advocating a $2 billion fine and a ban on future institutional sales, while Ripple proposed a $10 million fine. Fred Rispoli, a pro-cryptocurrency lawyer, speculated that the final judgment could be made by July 13 or the end of the month, and the fine is expected to be less than $25 million, with no refunds
Ripple's sales and whale activities have caused market sentiment to fluctuate, and coupled with legal disputes, the future of XRP is full of uncertainty. Investors need to pay close attention to these developments to make wise decisions.
background Shiba Inu (SHIB) has performed well recently. Its destruction rate and market value have increased significantly, showing a significant recovery. The destruction rate soared by 781% and the price also increased significantly, attracting the attention of the market.
Burn rate and price performance Over the past day, the Shiba Inu burn rate has spiked a staggering 781%, with over 18 million SHIBs destroyed. SHIB's price was up 16% at the latest data, having risen a further 11% in the past 24 hours. This price recovery has breathed new life into the Shiba Inu community and highlighted its potential for growth.
Influencing factors Shiba Inu’s recovery has been influenced by improving sentiment in the overall cryptocurrency market. Crypto-assets such as SHIB have benefited from increased trading activity as investor confidence increases and market conditions stabilize. Additionally, positive sentiment among the Shiba Inu community may have contributed to the spike in destruction rates and prices.
Market Outlook Looking ahead, the market will be closely watching how the Shiba Inus performs in the coming weeks. Currently, Shiba Inu bulls are challenging a key price level, with 23,330 addresses holding 422.29 trillion SHIB at an average price of $0.000017. If the bulls manage to break above this crucial level, SHIB price could move closer to $0.00002.
A sustained move above the 50 and 200-day moving averages ($0.0000193 and $0.00002125) could signal further bullishness.
1. **Destruction rate**: More than 18 million SHIB were destroyed in the past 24 hours, and the destruction rate surged by 781.73%. 2. **Price Performance**: SHIB price rose 16% the previous day and continued to rise 11% over the past 24 hours. 3. **Market Sentiment**: Increased investor confidence and stable market conditions have fueled SHIB’s recovery. 4. **FUTURE OUTLOOK**: If the bulls manage to break above the key price level, SHIB price could rise further towards $0.00002.
in conclusion Shiba Inu (SHIB)’s recent burn rate and market cap surge suggest strong recovery potential. As market sentiment improves and investor confidence increases, SHIB prices are expected to continue rising.
PEPE's crazy roller coaster ride: up, down, and down again
The popular memecoin project PEPE has been on a roller coaster ride recently, experiencing a violent drop in the past 24 hours. PEPE fell below its previous support level, down 15.15% during the European trading session, and is now priced at $0.000008054. What will happen to PEPE next?
All-time high to a sharp drop PEPE hit an all-time high of $0.00001718 in May this year, but then fell all the way and has fallen more than 53% so far. Since its launch in April 2023, PEPE has experienced a sharp rise and fall, breaking through multiple key support levels in recent weeks and stabilizing at a low of $0.000008. It is currently fluctuating between $0.000008 and $0.000012, and the market outlook is unclear. This unpredictable trend shows that PEPE has pulled back 36% this month, showing a bearish trend, and the price has fallen 45%.
Market environment impact Today's cryptocurrency market is generally under pressure, including major assets such as Bitcoin, Ethereum and Solana, which have all seen significant declines. Other memecoin projects such as Floki, Dogecoin and Shiba Inu have not been spared, exacerbating the overall market's bearish sentiment.
PEPE chart analysis - **Uptrend**: If the market turns better, PEPE may rise to the resistance point of $0.000009, indicating signs of recovery. If it stabilizes at this point, it may rise to $0.00001 by the end of July. - **Bullish sentiment strengthens**: PEPE is expected to break through the $0.000005 threshold. - **Negative trend continues**: The price may fall to the support level of $0.000008, or even further to $0.000007, facing greater pressure. - **Market oversold**: If the bears continue to exert pressure, the price may drop to $0.000005.
The future of PEPE is full of uncertainty, whether it is a small rebound or a continued sharp drop. Dear coin holders, please fasten your seat belts, PEPE's crazy journey continues! If you are troubled by the ups and downs of the market? Don't know how to avoid risks, sell high and buy low, share for free, 👇See +\/: Y⭐U⭐S⭐S⭐1⭐6⭐ Find me on 🚗, or follow the official account: Web Mountain Wanxiang. Take you to get big results, lie down and eat meat!
AVAX plunges on questionable whale trades: What now?
Avalanche (AVAX) dropped 10% in just a few hours, largely due to heavy whale trading. A well-known entity transferred 1.96 million AVAX worth $54.2 million to major exchanges Coinbase, Binance, and Gate, as well as via THORChain.
AVAX is in trouble. Its 50-period moving average (MA) has fallen below the 200-period MA, forming a bearish signal commonly referred to as a "death cross."
At press time, AVAX price was hovering near the 200-period MA with key resistance around $25.73. Volume increases significantly during major price drops, especially when the price drops from around $28 to below $26. This indicates active selling pressure in the market.
Still, there's hope for a quick recovery for AVAX. The data shows a significant reduction in investment from "in-the-money" investors, suggesting these holders have sold off their positions and may have suffered losses. If the number of “out-of-the-money” addresses continues to decline or stabilizes, while the number of “in-the-money” addresses increases, AVAX may be in for a sustained period of recovery. However, external market factors or another massive sell-off could derail this.
Market sentiment is currently mixed. While whales may bring stability and increase investor interest, retail selling pressure may still have a negative impact.
AVAX has experienced a sharp decline, primarily due to selling pressure triggered by whale trading. However, the market is not all hopeless, and if the number of “in-the-money” addresses increases, AVAX may see a period of recovery. Investors should remain vigilant and pay close attention to market trends and changes in external factors.
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XRP's true value should be between $8 and $20, predicting that this goal will become a reality by 2026. Moreover, working with XRP is the most comfortable trade he has ever made.
As of this writing, XRP is trading at $0.4927. To achieve the lower end of Pantoja's prediction, XRP would need to surge 15 times, while reaching the $20 target would require a more challenging 3,959% increase. Pantoja points out five factors that support this ambitious outlook.
Five Factors Supporting XRP's Rise to $20 1. XRP's Historical Performance: - In January 2017, XRP was trading at just $0.006031. A year later, it hit an all-time high of $3.84, a price surge of 63,571%. Although prices have declined since the peak, this explosive growth trajectory is the cornerstone of analysts' predictions of XRP's future potential. 2. Potential institutional adoption: The prediction that XRP will reach $20 by 2026 is based on its potential institutional adoption. In particular, the community expects a well-known asset management company to list an XRP spot ETF in the US market starting next year. 3. Market trend push: The broader market trend will drive XRP's price up. As the adoption and utility of the cryptocurrency market increases, XRP can benefit from it. 4. XRP's role in future financial services: - XRP has practicality in facilitating cross-border remittance and settlement services, which will meet the needs of future financial services. Its technological advantages give it an important position in the global financial system.
Although the current price of XRP is only $0.4927, if these factors develop as expected, XRP is expected to achieve significant growth in the next few years. Although this goal seems out of reach, in the cryptocurrency market, anything can happen.
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An important price chart from September 30 may make your eyes light up. This chart compares the performance of Solana and Ethereum, and although Solana has been declining against ETH in September, things are changing.
In September, Solana's performance was significantly behind Ethereum, which means that ETH has outperformed Solana. But recent events have sparked speculation of a reversal.
When comparing Solana and ETH on a weekly basis, the chart shows a stable and potential upward trend. However, when comparing Solana's performance with the US dollar (USD), the situation is different. Solana has performed well and continues to trend upward despite the changing market environment.
Solana is trading above the 50-day EMA and the 200-day EMA, indicating a bullish trend, which strengthens its resilience. On the other hand, the SOL/ETH chart shows the relative performance of the two assets. Although Solana has performed well against the US dollar, it has not performed well against Ethereum. However, the latest chart shows that Solana seems ready to exert its strength in the recovery against ETH. If Solana can break through the important resistance level against Ethereum, the market dynamics may change.
If Solana and Ethereum start to rise at the same time, their respective performances will interact greatly. Solana's performance against Ethereum will determine whether it can regain lost ground; however, its strength against the US dollar may lay the foundation for a strong rise. As each asset builds on the momentum of the other, the simultaneous rise of the two may bring huge benefits to investors.
In summary, although Solana's performance in September was not as good as Ethereum, its strong performance against the US dollar and recent trend changes may indicate an upcoming recovery opportunity. Investors, you may wish to pay more attention to this dynamic, and you may have unexpected gains!
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Notcoin Price Prediction: Not Dropping to Zero as Bearish Momentum Grows?
Notcoin (NOT), a Telegram-based cryptocurrency, has seen a significant price decline as the market generally corrects. According to the data, Notcoin is currently trading at $0.01534, with the price seeing a massive 14.64% drop over the past day.
Notcoin ranks 50th in terms of market capitalization and is currently around $1.575 billion. Despite the price drop, trading volume surged more than 5% in the past 24 hours to about $770 million.
Notcoin price has fallen by more than 4% over the past week, suggesting investors may be bearish on its future direction. Despite this, Notcoin is up around 130% overall over the past month.
Currently, most cryptocurrencies are experiencing declines. Bitcoin, the largest cryptocurrency by market capitalization, fell below the $66,000 mark for the first time in months. Other major cryptocurrencies such as Ethereum and XRP have also shown similar downward trends, which have further impacted altcoins such as Notcoin.
Notcoin is showing a strong downward trend amid the current bear market backdrop. If market sentiment remains depressed, Notcoin could find support at $0.015, but a prolonged downturn could see the price fall to around $0.012 or even $0.01.
However, if bullish sentiment strengthens, Notcoin may soon enter a rebound phase, breaking the $0.019 resistance and potentially reaching $0.05 in the foreseeable future.
Notcoin is facing huge challenges from the market correction. Although the recent price decline shows bearish sentiment, Notcoin may still rebound if market sentiment reverses. Investors should pay close attention to market dynamics and technical indicators to make informed investment decisions.
Price crash leaves (ADA) and (SOL) facing millions of dollars in liquidations
Two DeFi giants Solana (SOL) and Cardano (ADA) have seen significant price declines amid broader market volatility and whale activity. The tokens are trading below key resistance levels and are expected to see further declines as bearish sentiment dominates.
With the hype of Chang Fork coming soon, Cardano (ADA) may transfer $681.9 million in funds to ADA holders to encourage user participation. Despite recent updates and market optimism, many are calling Cardano (ADA) a “stablecoin” due to its historically lackluster performance.
Currently, ADA is trading at $0.41 and could fall below the $0.4 threshold if bulls fail to regain momentum.
Cardano (ADA) has seen a 2.9% drop in market cap and a significant capital outflow. Technical indicators such as the 90-day MCA show a decline in buying pressure and long-term holdings, adding to market uncertainty.
Despite the growing Solana (SOL) ecosystem in the DeFi space, its price has been volatile due to the overall market slowdown and investor selling.
Currently, Solana (SOL) is trading just above the $140 support level, down 11% on the monthly timeframe. With Solana (SOL) announcing the v.18 upgrade, its price could recover quickly in the coming days.
DTX Exchange (DTX): The Next Cryptocurrency with 100x Potential The hybrid platform offers traders 1000x leverage, allowing them to gain higher market positions with minimal capital.
The project raised $700,000 in the second phase of its presale, and there are no signs of stopping anytime soon. With the project going live, the DTX token is expected to surge above $2, marking this as a prime time to buy the next DeFi leader token.
Overall, despite the downward pressure on Solana and Cardano, the enthusiasm of investors for DTX Exchange is high, indicating that this emerging platform could be the leader of the next DeFi bull run. Follow us and check out our homepage!
Notcoin encounters first adversity, PlayDoge pre-sale performs strongly
Notcoin has been under tremendous selling pressure amid massive liquidations in the cryptocurrency market. Shorts have taken the lead. According to reports, long positions lost more than $400 million in the past 24 hours, while short positions lost only $50 million. Worryingly, more than $200 million in long liquidations occurred in the past four hours.
This situation is caused by unfavorable macroeconomic conditions. Last week, the Federal Open Market Committee meeting in the United States, although the market expected a rate cut, the committee chose to pause the rate hike. In addition, the outflow of funds from Bitcoin ETFs has exacerbated the disappointment, with issuers withdrawing $580 million from the market last week.
As a result, the total cryptocurrency market value fell 2.8% today, reflecting the reduced risk caused by poor market conditions. Notcoin's 14% retracement reflects its higher perceived risk. However, Notcoin's outlook on the longer time frame remains strong.
Prices fell only 2% this week and rose 134% this month. Well-known analyst Crypto Patel expects a deeper retracement before the upward trend continues. The deviation between Notcoin price and the CVD (Cumulative Volume Depth) indicator indicates a bearish outlook.
While Notcoin and the broader cryptocurrency market are in turmoil, the new Play-to-Earn cryptocurrency PlayDoge is moving forward with aplomb. The project is currently in presale and has raised over $4.6 million in just three weeks.
The concept of PlayDoge is simple: users take care of their virtual pets as if they were real pets. As long as the pet is happy and healthy, users will earn XP, which will increase their ranking on the game leaderboard. The higher the ranking, the more $PLAY they will get. $PLAY is the game's native utility token, which is used for staking and in-game purchases. Players must also hold the token to receive rewards.
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FLOKI price plunges, could it fall another 80% in the future?
Since its all-time high, FLOKI price has fallen 51%. According to analysis, FLOKI could fall another 80% in the coming days.
FLOKI is a popular dog-themed meme coin that impressed investors with its early gains, rising to an all-time high of $0.0003462 on June 5. However, this rally did not last long and the price plummeted almost immediately, falling 51% since then.
At the time of writing, FLOKI is priced at $0.0001691 and has been falling for several days. The price has fallen 11% in the past 24 hours and is at its lowest point this month. Meanwhile, the market capitalization has also fallen to $0.0001691. In contrast, the 24-hour trading volume reached $309,291,946 after surging 41%, suggesting that the possibility of a recovery is slim.
FLOKI has been quite bullish in the previous weeks, but now the situation has taken a 180-degree turn and bearish signals have prevailed. The Relative Strength Index (RSI) is 34.11, indicating bearish behavior among holders. Previously, FLOKI was valued higher due to the overbought nature of the meme coin. Now, it is in the oversold zone according to the Stochastics (20,3) and Williamson %R (14). On the other hand, the MACD (12,26,9) is in the neutral zone. In a bear market, all short-term moving averages (5, 10, 20, 50, 100 days) indicate that FLOKI is in a completely bearish zone, except for the 200-day moving average.
The FLOKI price will fall sharply, which may wipe out all the gains of the last month. According to his analysis, the FLOKI chart has entered a bearish iCH, which may create an internal correction. The forecast shows that FLOKI will fall by 80% and its value will drop to $0.00006.
The price of FLOKI has started to rise slowly and may see a small recovery, but it is uncertain whether it will rise sharply immediately. Currently, both technical indicators and moving averages indicate a bear market. Once this meme coin follows the bull market, an upward trend will occur, as predicted by analysts.
In summary, FLOKI is currently in a downward trend, and technical indicators show that it may continue to fall in the future. Investors need to remain vigilant and pay close attention to market dynamics and technical indicators.
Surprisingly, despite the recent sluggish performance of the entire cryptocurrency market, the meme coin Dogwifhat (WIF) on the Solana blockchain has bucked the trend and surged by more than 5%. The rebound is a refreshing change at a time when the market has been experiencing a period of stagnation.
WIF has been climbing steadily since the market fell to a low of $2.20 last Friday. Bitcoin fell to its lowest price in nearly a month, triggering a series of liquidations of long positions in the cryptocurrency.
It rose 5.16% in the past 24 hours to $2.53, hitting an intraday high of $2.55. If it closes higher today, WIF may rise for the second consecutive day.
Solana’s meme token currently ranks 41st in the cryptocurrency market cap rankings, with a total market value of $2.52 billion. Meme coins often fluctuate based on news and hype cycles;
As Dogwifhat continues to rise, it may encounter resistance near higher price points, especially the daily SMA 50 at $2.94, especially if the overall market sentiment does not change. It remains to be seen whether Dogwifhat can maintain its momentum as the situation develops, or whether this surge is only temporary.
Overall, despite the overall slump in the crypto market, Dogwifhat's performance has undoubtedly brought new hope and expectations to investors and market observers. The next few days will witness whether this interesting meme coin can continue its upward momentum.
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2.7 Trillion Shiba Inus (SHIB) Dead in 24 Hours: What Really Happened?
In the past 24 hours, approximately 3 trillion Shiba Inus coins (SHIB) were transferred, which at first glance would appear to indicate a significant amount of activity on the chain.
In the past day, the number of large SHIB transactions increased significantly from a 7-day low of 101 to 127. This increase would seem to indicate an increase in network attention or activity, but the actual reason may not be that simple.
Approximately 2 trillion tokens were exchanged in these transactions, and while this number sounds staggering, it is not an abnormal spike when compared to weekly patterns. In fact, the 7-day peak on June 11 was 21 trillion SHIB, which is twice as high as the current daily transaction volume. Therefore, the current surge is just a small fraction of the normal activity of the network.
Despite these large transfers, the price of SHIB has remained largely stable, with only minor changes on the chart. The fact that prices remain stable during such large transfers may indicate that these transactions are more likely internal transfers or wallet reorganizations rather than market drivers.
While these major transfers may indicate future market changes, the stability of the current situation suggests different underlying reasons. Investors should pay close attention to any further information or clarifications from significant holders or exchanges.
Overall, while it may appear that the Shiba Inu Coin network activity has increased, it is actually just part of normal activity. Investors should remain vigilant and wait for more information to better understand the real driving force behind this phenomenon.
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Bitcoin price rebounds to $66,000, and its impact on meme coin market dynamics and analysis
Recently, Bitcoin price rebounded to $66,000 and found buyers at $66,350. This rebound has attracted widespread attention in the market.
Given the rapid volatility of BTC, it is not surprising that speculative assets like meme coins are so volatile. Next, let's take a look at the latest situation of FLOKI, BONK, MEW, and GME Coin.
We mentioned earlier that a break below the $0.000217 level will trigger a deeper correction. Now, FLOKI Coin is struggling to maintain the $0.000190 support level due to the break below the $0.00023 support level.
If this support level is lost, the price may continue to fall to $0.000153 and $0.000123. The key level for short-term rise is $0.000112. It is worth noting that FLOKI Coin has formed 6 red candles in the past 7 days, indicating that many investors who were waiting for a new all-time high (ATH) have now lost hope.
BONK Coin also suffered a sharp drop, falling below $0.0000292 and also lost $0.0000258. After breaking below the middle area of the parallel channel, BONK may fall to the bottom of $0.0000215 again in the next few days or hours. If it falls below this bottom, the support level will be at $0.0000135. If it can reclaim the upper limit of the parallel channel, BONK may return to the peak of $0.0000415.
MEW Coin is one of the newly popular meme coins. With the listing on OKX, the price climbed to $0.00746, but returned to the base point of $0.00338 on June 14. Currently, the key support level is $0.00425. If the support level holds, the target will be the resistance level of $0.00475.
GME Coin is a highly speculative altcoin that has no relationship with GameStop Corporation. Since its launch on June 2, GME Coin has been active as MEME Coin. The current support level is $0.0103, and the price may make a speculative attempt towards $0.02052.
Overall, the recovery of Bitcoin has played a positive role in promoting the market, but the meme coin market is still full of uncertainty. If you are troubled by the ups and downs of the market? Don't know how to avoid risks, sell high and buy low, share for free, pay attention, and find me at the top of the homepage 👆!
A 441% surge this week – does this herald a new era for the SHIB community?
The blockchain network pegged to the Shiba Inu coin (SHIB) has been on a roll lately! This week, the SHIB community has been excited by Shibarium’s incredible on-chain performance.
Over the past week, Shibarium’s daily transactions have surged by a staggering 441%, from 2,990 at the beginning of the week to 13,191 today.
This surge is great news for the SHIB community! More transactions mean more SHIB tokens are destroyed, reducing the total supply and potentially increasing the value of the remaining tokens. Shibarium operates by using BONE tokens as gas fees, with each transaction converting a portion of BONE and burning a portion of SHIB.
Not only that, the number of active accounts on Shibarium has increased from 798 to 836 over the same period. Although the growth of new accounts has slowed down a bit, the participation of existing users in the network has increased significantly, driving the dynamic growth of the network.
Shibarium's performance is like a rocket that soars into the sky, bringing a lot of confidence and hope to the SHIB community. Whether you are an old SHIB fan or a novice who has just entered the pit, the development of this blockchain network is worth our continued attention. Are you ready for this new era? Let's wait and see!
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Is XRP’s price set to surge higher? This bullish pattern could be the key…
Most cryptocurrencies have performed poorly this week, with the weekly chart showing a sea of red, and XRP has not been immune. While the price drop has sparked panic among investors, there could be signs of a reversal in the coming days as a bullish pattern appears to have formed on XRP’s daily chart.
XRP investors did not take profits last week as the coin’s price fell by over 4%. At press time, XRP is trading at $0.4775 with a market cap of over $26.5 billion. Due to the price drop, XRP’s profit supply has also dropped drastically, with only 69.8 billion tokens in profit. However, investors should not lose hope as XRP could be preparing for a surge.
A bullish falling wedge pattern has emerged on the coin’s chart. XRP’s price entered the pattern after a sharp drop in mid-April. Since then, the coin has been consolidating inside the falling wedge. At press time, it is preparing for an uptrend that could result in a breakout from the pattern. A successful breakout could allow XRP to recoup its April losses. If all goes well, XRP could soon retest its March highs.
XRP’s price has hit the lower limit of the Bollinger Bands, which typically leads to higher prices. In addition, both its relative strength index (RSI) and Chaikin Money Flow (CMF) have seen a small rise. These indicators suggest a high probability of a bullish trend reversal.
However, the MACD remains in favor of sellers, suggesting a bearish edge across the market. This requires investors to be cautious, as sentiment remains volatile despite the overall bullish trend.
Although XRP’s recent price drop has raised concerns among investors, technical analysis and on-chain data suggest that the likelihood of a bullish rebound is increasing.
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8 Cryptocurrencies to Avoid as Token Unlocks Loom This Week
Over the next week, $182.2 million worth of tokens will be unlocked. Here is a quick overview of eight cryptocurrencies that will stand out in the limelight.
ARB is currently trading at $0.9227, down 2.99% over the past day, but still tops the list. 96.13 million ARB tokens worth $86.23 million, or 3.32% of the circulating supply, will be unlocked on June 16. This raises concerns about ARB's future price action.
ID is trading at $0.5654, down 4.15% over the past day. On June 22, the cryptocurrency will unlock 78.49 million ID tokens worth $44.37 million, or 18.23% of the circulating supply. This massive unlock could cause ID's price to plummet.
PIXEL's price plunged 3.84% today to $0.3621. 54.38 million PIXEL tokens worth $19.65 million, or 7.05% of the circulating supply, will be unlocked on June 19.
APE is currently trading at $1.05, down 2.78% from yesterday. 15.6M APE tokens worth $16.35M, or 2.48% of the circulating supply, will be unlocked on June 17th. This has investors concerned about the future price action of APE.
MANTA is trading at $1.27, having pulled back 8.49% in the past day. 7.87M MANTA tokens worth $10.8M, or 2.42% of the circulating supply, will be unlocked on June 18th.
RNDR is down 2.56% today, currently trading at $8.05. 760.57K RNDR tokens worth $6.12M, or 0.20% of the circulating supply, will be unlocked on June 16th.
NYM is down 1.58% today, trading at $0.1366. 2.96M NYM tokens will be unlocked on June 17th, or 0.37% of the circulating supply.
EUL tokens will unlock 88.98K tokens on June 19, worth $3.8616 million, accounting for 0.48% of the circulating supply.
As you can see, unlocking more than 1% of the circulating supply often has a significant impact on prices. Are you ready for market turmoil? Wait and see!
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Make a million from a beer? $BEER early investor nets $1.3M
The crazy stories in the cryptocurrency market are always jaw-dropping, and early investors in the $BEER meme token are one notable example. According to Blockchain’s report, the investor made more than $1.3 million through clever strategies and precise market timing. Let’s take a look at how this investor achieved financial freedom through $BEER.
The investor initially spent 301.2 $SOL (approximately $50,000) to participate in the $BEER pre-sale and received 3.38 billion $BEER tokens. Just on May 26, he exchanged 5.45 billion $BONK (worth $192,000) for an additional 1.86 billion $BEER tokens. What a rhythm of spending a lot of money to make a lot of money!
After $BEER was listed on Gate.io, the investor immediately deposited 240 million $BEER tokens, worth $120,000 at the time, into the exchange and began his profit-taking operation. Recently, he sold an additional 4.6 billion $BEER tokens for $1.34 million. Despite these sales, he still holds 400 million $BEER tokens worth $109,000.
This investor’s initial $50,000 investment has multiplied several times, illustrating the high-risk and high-reward environment in digital asset trading.
This case proves that strong returns can be achieved through early investment and strategic trading of meme tokens. However, it also reminds us of the risks and volatility inherent in such assets. This investor’s success story is a vivid illustration of the unpredictability and dynamics of the cryptocurrency market.
So the next time you hear someone talking about meme tokens, think about the crazy story of $BEER. Who knows, maybe you will be the next millionaire? But please remember that the market is risky and investment needs to be cautious! If you're bothered by the ups and downs of the market? I don’t know how to avoid risks, buy or sell when the price rises, share with rabbit fees, 👇Look\/: T🚗C🚗R🚗 6🚗0🚗7🚗2 on🚗 It’s not easy to write a post. If you have time, please like, leave a message, or comment! I will definitely reply separately! grateful! ❤️
Bitcoin (BTC) remains in a historic consolidation phase and predicts a massive breakout in a few months.
X told his 476,600 followers on social media platform that based on historical precedent, Bitcoin’s consolidation phase could last another three months.
“Bitcoin has been consolidating in this re-accumulation range for three months. History suggests this could continue for another three months. So it would not be surprising if the price breaks above the range high resistance… If history repeats itself, Bitcoin will break out of the re-accumulation range in September 2024.”
Bitcoin is trading at $66,681, down slightly over the past 24 hours. Despite the short-term price volatility, analysts believe this consolidation phase is healthy and could set the stage for a strong rally in the coming months.
Bitcoin’s prolonged consolidation phase would bring it back in sync with the historical halving cycles, signaling a bull run ahead. This view encourages investors to remain patient and look forward to a potential breakout and price rally in Bitcoin in the coming months. Keeping an eye on these analyses will help make smarter investment decisions as market dynamics change.
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It’s not easy to write a post, please like it, leave a message, or comment if you have time! I will definitely reply individually! Thank you! ❤️