๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต A lucky $PEPE investor turned $460 into a massive $3.4 million! They bought 324.9 billion PEPE tokens in April 2023 and recently cashed out entirely on Binance. This incredible gain coincides with a PEPE price surge and a broader crypto market rally fueled by ETF speculation. The investor, known for chasing memecoin trends, has profited before with PEPE and likely other memecoins. This story highlights the potential windfalls (and risks) of memecoin investments.#pizzaday #altcoins #PEPEโ #ETHETFS #altcoins
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ฐ๐ฐ๐ต๐ต๐ต๐ต๐ต DeFi's hottest trend just got $LINK -powered! Liquid Staking (LSTs) and Restaking (LRTs) are on fire, but keeping them secure and scaling them for massive growth? That's where #Chainlink ๐ตโป๏ธsteps in as your DeFi guardian *๐ฅ๐
Read more!! ๐๐
Chainlink's got a suite of services to empower LST/LRT issuers and DeFi projects:
๐ต Rock-solid Data Feeds: Get accurate pricing and market data for flawless DeFi integration of LSTs/LRTs.
๐ต Cross-Chain Powerhouse: Chainlink CCIP unlocks seamless LST/LRT movement across blockchains, maximizing accessibility and liquidity.
๐ต Proof of Transparency: Chainlink PoR guarantees the security of reserves backing LSTs/LRTs, mitigating risk for DeFi protocols.
๐ต Automated Efficiency: Chainlink Automation keeps LST/LRT smart contracts running smoothly with secure and timely management.
The Chainlink Effect: By integrating Chainlink, LST/LRT issuers gain access to a massive DeFi network, boosting adoption for everyone! ๐๐ฅ๐
Meme Coins Waking Up, But Struggling Hard to Leave the Rest of the Crypto Market in the Dust ๐ต๐ต๐ต๐ต๐ต๐ต๐ฐ๐ฐ๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต Memecoins like Dogecoin, Shiba Inu, and Pepe are currently experiencing weak price recovery, diverging from the recent downward momentum seen in the cryptocurrency market. According to data from CoinGecko, the total market capitalization of memecoins has fluctuated by about 4-7% in the last 24 hours, leaving crypto watchers hanging in the balance. Phewwwww!๐ธ
Among the notable gainers, Pepe (PEPE) made the sharpest recovery with a 21% rise, followed by Floki (FLOKI) with a 14% surge, and DogWifHat (WIF) riding up by 8%.
Even the leading meme token, DOGE, saw a 7% increase, bringing its market cap to ~$22 billion. Impressively, DOGE still commands a significant chunk, nearly 41%, of the memecoin market share.๐ธ
Its competitor, SHIB, is also facing a bullish correction, up 6% on the day, with its market cap now at ~$14 billion, securing its spot as the second most popular memecoin.
What's driving the recently witnessed downturn in memecoins?
1. Weak Altcoin Market Structure: Traders have been cashing in profits, especially as the Relative Strength Index (RSI) signaled overvaluation.๐ธ
2. Declining Memecoin Trading Volumes: Data from Dune indicates a significant drop in memecoin transaction volumes across all blockchains. This suggests a diminishing interest or confidence among traders. Individual memecoins like DOGE, SHIB, and PEPE have seen drastic declines in trading volumes, indicating a waning enthusiasm in the sector.๐ธ
3. Market Sentiment Shifts: The recent US Federggesting a decreased likelihood of interest rate cuts in 2024 has sparked a risk-off sentiment in the crypto market. With the US economy showing signs of strengthening, investors are turning towards safer assets like U.S. Treasuries. Consequently, investors may be reallocating profits from memecoins to other sectors within the crypto ecosystem.๐ธ
$SNX โ 170% Price Increase Forecast ๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ฐ๐ฐ๐ต๐ต๐ต๐ต๐ต๐ต๐ต Our latest Pattern AI Forecast of SNX predicts a price increase of almost 170% over then next 7 days.
๐ก The AI model searches for similar patterns in terms of price, indicators, volume, and many other aspects.
๐ In case of $SNX the algorithm found 8 similar patterns. The average correlation of the pattern is 0.965 (1 would be to perfect correlation).
The algorithm then checks the price development during the following 7 days.
๐ฅ Here's the interesting part: On average, the price increase by 170% during the next 7 days.
When looking at the indicators we can also see some signs of a reversal since SNX has been facing a considerable downtrend. However, especially momentum indicators have turned green.๐ฐ
Since AI models still have their weaknesses it would be reasonable to closely watch the price action and open a trade once a reversal starts playing out.๐ฐ
๐จ Important: Our AI Forecast incorporates a vast amount of historical data. However, it cannot foresee external factors that might arise during the forecasted period. Therefore, it is important not solely to rely on AI forecasts when trading.๐ฐ๐ธ #altcoins #BinanceLaunchpool #BlackRock #BTC #BTC
๐ต๐ต๐ต๐ต๐ต๐ธ๐ต๐ต๐ต๐ธ๐ต๐ต๐ต๐ธ๐ต๐ต ๐ฅ๐ฅThe Founder of Binance responded to the new allegations as follows: "But no one who tries this can even come close to me ..." she said.๐ฐ
While the news of the Wall Street Journal from the US media made a mark on the crypto world today, #Binance responded to the allegations, #YiHeBinance , one of the founders of the stock exchange, said, "There is a struggle full of Deceptions among market makers. The person who gives the money can get any advertisement he wants. But anyone who tries this can't even get close to me..." he said.๐ฐ
The claim that Binance fired a manager of the crypto tracking team on the grounds that he detected some manipulations was answered by Yi He, one of the founders of the exchange.๐ฐ
โWe are very strict about thisโ
Stating that they have no stance against any fund, Yi He used the following statements:
โWe are closely monitoring the Deconfliction between the market makers. We are very strict about this. We do not have a prejudicial stance against any fund. The struggle between market-making companies is very Deceptive and involves suspicious movements. The person who gives the money can make the advertisement he wants, the way he wants. You can buy whatever you want, but no one can come to me with these. They can't even get close... We, ourselves, will continue to behave fairly and ensure that there is confidence in this justice. We will also transfer all the facts to the authorities.โ๐ฐ #BinanceLaunchpool #altcoins #buythedip #BTC #bitcoinhalving
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต This Bull Season Will Make You Rich Forever
Bitcoin will break $100,000
ETH will break $10,000
We will see a 100x Altseason
Global Institutions are buying millions worth of Bitcoin and ETH everyday.
Donโt ignore the signs, we are so early.
You are seriously not bullish enough.
Next 12 months will be life changing.
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โจ๏ธ COMMENT
๐ซRemember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.๐ฐ #altcoins #BlackRock #buythedip #CryptoWatchMay2024 #BTC
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต ๐ Over the past 3 months, @Ton Network has emerged as the blockchain with the most contracts deployed, at 12.2 million!
Big change in Bitcoin: It is at its lowest level in the last 10 years! ๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ธ๐ธ๐ต๐ต๐ต๐ต๐ต๐ต Bitcoin's entry into the stock exchanges fell to its lowest level in 10 years after its all-time high of $ 74 thousand.
Latest data shows that foreign exchange inflows have reached lows not seen in almost a decade. Data from onchain analysis platform CryptoQuant shows that daily BTC inflows have decreased significantly since Bitcoin's all-time high of $73,800.
What does the critical statistic in Bitcoin indicate?
Bitcoin investors are not in the mood to keep cryptocurrencies ready for quick sales on exchanges. According to CryptoQuant, April and May 2024 saw the lowest daily inflows into major foreign exchange accounts in the last 10 years. On April 20, when BTC/USD was at the level at which this news was written, only 8,400 BTC was moved to the exchanges.
Such small transfers were last observed when Bitcoin was trading below $1,000. Cryptotracks numerous spot and derivative exchanges to compile data.
The figures reflect a significant shift in hodler sentiment this year as Bitcoin investment enters a nenstitutional participation.
Mignolet refers to whale assets holding between 1,000 BTC and 10,000 BTC. An accompanying chart showed the spent output age ranges of on-chain transactions.
The post added that whales โmay not be willing to sell yet because the cycle is not over.โ
โThere may be demand outside of exchanges, particularly in the OTC market, that has the capacity to absorb large sales volumes even without depositing money into exchanges following ETF approval,โ Mignolet wrote.๐ฐ
But while commenting on the current market landscape, Checkmate, lead analyst at data firm Glassnode, said new spot Bitcoin exchange-traded funds are likely shaping the numbers.
โThe data around these assets is notoriously noisy, and I can almost guarantee that the big โwhaleโ wallets you are tracking are ETFs and exchanges,โ he told his followers in part of a post on X. #altcoins #BlackRock #bitcoin #BTC #Memecoins
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ธ๐ธ๐ต๐ต๐ต๐ต๐ต๐ต๐ต 1,100 ETH robbery from crypto hacker: What's going on?
The transfer transactions of the hacker who attacked the cryptocurrency exchange Poloniex created panic in the users.๐ฐ
According to onchain data from security firm PeckShield, the hacker responsible for last year's Poloniex attack transferred 1,100 #Ethereum (ETH), worth approximately $3.4 million, to US-sanctioned cryptocurrency mixer Tornado Cash in an attempt to launder the stolen funds.๐ฐ
Poloniex was emptied of $100 million during an attack on one of its hot wallets in November last year. Services like Tornado Cash are often used by cybercriminals to hide the trail of stolen cryptocurrency.๐ฐ
This attack is widely accepted to be the work of North Korea's Lazarus Group, a notorious state-sponsored hacking organization that has previously carried out high-profile attacks including a $600 million hack on the Ronin sidechain. In an earlier onchain message, Poloniex offered the attacker a 5 percent reward (about $5 million) to return the remaining 95 percent of the stolen funds.๐ฐ
In a separate transaction involving Tornado Cash, an attacker linked to the $26 million hack at Kronos Research transferred 200 ETH today, PeckShield noted. Notably, Kronos Research also fell victim to the attack in November last year, but it remains unclear whether the two incidents are directly linked.๐ฐ
We're probably facing the biggest Altseason in at least 4 years. ๐ต๐ต๐ต๐ต๐ต๐ต๐ฐ๐ฐ๐ต๐ต๐ต๐ต๐ต๐ต๐ต And the beauty of it? If you look at the history, it won't be long before it starts.
Just accumulate some best projects of $ETH $BNB and $SOL ecosystem, sit back and watch your portfolio multi folding!๐ฐ
๐๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐๐ป I lost 90% of my net worth because I was stupid and didn't take profits
Cryptoo Man 1h ใป 12.3k views In my first bull run, I lost 90% of my net worth because I was stupid and didn't take profits...
Many can tell you when to buy, but nobody says when to sell.
I spent months studying how to sell crypto at its ATH.
Here's my ultimate strategy
๐๐งต
Every crypto bull run tends to follow the same pattern: 99% of people either lose everything or simply leave the market at break-even.
This happens because the crypto market is a prime example of human emotions at play, driven by FEAR, GREED, and our "dear" friend called FOMO. #Megadrop #BullorBear #Memecoins #BTC #bitcoin
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต $SOL is really weak, next stop is $105 ๐
โ๏ธ #Solanaโฉ was the most overhyped crypto over the last half-year. Token skyrocketed from $25 to $185 and bring +710% to its holders
โ๏ธ But now, due to cryptocrash and the popularization of the new "memecoin networks" such as base, $SOL already lost - 35% of its local maximum
โ๏ธ When BTC falls below $60K, Solana inflation will accelerate. The next strong support level for $SOL is $105. It could be the next long-term price for the token #BinanceLaunchpool #BullorBear #Memecoins #SHIB #SHIB
๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต๐ต What now? Is the crash over? I don't think so! The halving event is in a few days, and huge volatility is expected. The problem is that below the current price, we have a double bottom pattern, and there is a lot of liquidity that whales need for their huge buy orders. It's really very likely that the market is going to go down! What's more, we have a fair value gap below the current price as well, and usually these gaps tend to be filled sooner rather than later.
It's always important to do an Elliott Wave analysis before making such statements.
If we take a close look at the price action, we can see that the impulse wave 12345 was completed and we are in a corrective phase. We need to complete this ABC correction before going higher to an all-time high! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.#BTC_CRASH_UPDATE #btc #BinanceLaunchpool #BullorBear #WIF #SHIB