What is the DOGS meme coin? DOGS is a meme coin built on the TON blockchain and inspired by Spotty - the beloved mascot created by Pavel Durov. Launched in 2024, DOGS aims to create a vibrant community and popularize meme tokens.
DOGS sets itself apart by combining the fun and community-driven aspects of memecoins with a charitable mission. The project supports orphanages and children’s homes, which adds a sense of social responsibility that many other memecoins lack. DOGS Background and History DOGS is a deflationary memecoin that combines a unique spiritual and cultural identity with a charitable aspect. The project continues Spotty's legacy by supporting orphanages and children's homes.
Attention! The Supreme Court has issued another announcement! After the Supreme Court listed "transactions through virtual currency" as one of the money laundering activities last time, it has once again issued a "research on the issues of virtual currency involved in the case" as a major topic! #加密市场急跌
From skeptic to crypto whale! Trump launches fourth NFT token!
Trump’s shifting stance on cryptocurrencies
In a recent interview with Bloomberg Businessweek, Trump highlighted that his previous NFT initiative sold out quickly, which sparked a lot of interest in the cryptocurrency industry. This is a sharp departure from his previous stance, in which he called cryptocurrencies a "disaster waiting to happen" and a "fraud."
Trump has now acknowledged the importance of digital assets around the world and warned that if the United States does not accept cryptocurrencies, countries like China could end up controlling the market. Trump launches fourth NFT token series
The cryptocurrency market has been a roller coaster ride for investors, and the world’s largest cryptocurrency by market cap, Bitcoin (BTC), is no exception. As of now, Bitcoin is trading at around $58,983, showing a significant decline over the past few days.
In fact, Bitcoin is down a little over 9% over the past three days, highlighting the challenges it faces in the current market environment. With a 24-hour trading volume of $38.9 billion and a market cap of nearly $1.17 trillion, Bitcoin remains a key indicator of the overall health of the crypto market. The role of macroeconomic factors
The cryptocurrency world will also have its own Wukong! These altcoins are expected to rise 10-20 times in the bull market!
Wukong! The popularity of Wukong in the cryptocurrency circle has attracted the attention of all walks of life. It not only allows us to see the many dilemmas faced by the crypto industry today with a shortage of traffic and innovation, but also allows us to truly feel the impact and enlightenment brought by traditional industries. I believe that soon we will see a new generation of blockchain games like "Black Myth" quickly go viral, shocking the entire network and leading Web3 to break through to 1 billion users!
These altcoins are expected to increase 10-20 times in the future bull market! $AAVE Aave is a decentralized cryptocurrency platform that enables users to borrow and lend digital assets. The platform relies on smart contracts to automate transactions, setting rules for fund allocation, collateral management, and fee calculation.
What impact will the 2024 rate cut have on the crypto market? 1. Will the rate cut directly benefit the crypto market? While many believe that rate cuts will increase market liquidity, reduce borrowing costs, and potentially boost cryptocurrency prices, economic uncertainty during rate cuts may prompt investors to turn to safe-haven assets such as Bitcoin, however, concerns about a potential recession remain! Institutions generally believe that the market may experience significant volatility during rate cuts. During the 2008 financial crisis, even the Fed's initial rate cuts failed to prevent the market from falling sharply after a brief rebound. The crisis stemmed from the bursting of the Internet and real estate bubbles, which led to a severe economic recession. Whether the current rate cuts will repeat the same mistakes and trigger crises such as the artificial intelligence bubble or the US debt crisis, dragging down the crypto market, remains to be seen. In the short term, global central bank rate cuts, including those by the Federal Reserve, are a shot in the arm for global financial markets and crypto markets. Expectations of rate cuts will boost market liquidity and optimism, which may trigger a rebound in the crypto market and provide investors with opportunities for quick profits. In the long run, crypto market trends are affected by more complex factors. 2. Price fluctuations are not driven by a single factor, but require a comprehensive analysis: Market trends depend on the strength of economic recovery. If interest rate cuts stimulate economic growth, the crypto market may benefit; on the contrary, if the recovery falters, market sentiment will weaken, which will affect cryptocurrencies. Secondly, we need to consider the factor of inflation. The central bank's interest rate cuts are aimed at stimulating the economy and boosting consumption, but they may also lead to inflation risks such as rising prices. Subsequently, rising inflation may in turn prompt the central bank to raise interest rates, thereby exerting new pressure on the crypto market. #美联储何时降息?
Why do the Fed's interest rate cuts have such a significant impact?
(1) What is the Fed?
The Fed is the central banking system of the United States, consisting of 12 regional Federal Reserve Banks.
Its goal is to stabilize prices and maximize employment through monetary policy adjustments. Inflation and employment data are important indicators of economic health and are closely watched by investors and market participants to gauge economic prospects and investment risks.
As the central bank of the United States, the Fed has a significant impact on financial markets.
(2) How does it exert this influence?
The main monetary policy tool is to adjust interest rates, that is, to raise or lower interest rates:
Raising interest rates increases the cost of borrowing between banks, thereby raising loan interest rates for businesses and individuals. When the Fed raises interest rates, the deposit rate of the US dollar will rise, attracting capital into the United States, reducing investment in other countries, and may worsen economic conditions and increase unemployment. Higher interest rates also increase borrowing costs and increase the risk of corporate and individual defaults, which may lead to corporate bankruptcy.
Lowering interest rates will have the opposite effect, lowering deposit rates and borrowing costs. When the Fed cuts interest rates, the deposit rate of the US dollar will fall, prompting capital to flow out of banks and flow to other countries, thereby promoting global investment and economic recovery.
Attention! Virtual asset transactions are listed as a method of money laundering!
On August 19, the Supreme People's Court and the Supreme People's Procuratorate announced that the "Interpretation" will list "virtual asset" transactions as a method of money laundering. It is clear that the transfer and conversion of criminal proceeds and their benefits through "virtual asset" transactions and financial asset exchanges can be identified as "covering up and concealing the source and nature of criminal proceeds and their benefits by other means" as stipulated in Article 191, Paragraph 1, Item 5 of the Criminal Law.
Dogecoin ambassadors are making a move! Musk released a video in the official media saying "I am willing to work for the government efficiency department", which directly caused DOGE to soar above 0.1u and is now around $0.104.
Tears wet the pork leg rice! Swear to make money in the cryptocurrency circle! El Salvador still insists on investing 1 Bitcoin every day, and currently holds more than 5,846 Bitcoins On August 19, according to the official website of the Salvadoran government, El Salvador still insists on investing 1 Bitcoin every day, and currently holds 5,846.7584 Bitcoins, worth about 342 million US dollars. The Salvadoran government website wrote: "El Salvador has been reborn as a place of economic freedom. But this is just the beginning. Come and help us build the future you want to see." Even a country insists on investing in the cryptocurrency circle every day, what reason do you have not to work hard! For sharing and communication in the cryptocurrency circle, you can see the introduction of the note page! #BinanceSquareCreatorAward #BTC走势预测 #加密市场反弹
Breaking news! Thunder! Market selling pressure! The US government address currently still holds 203,200 bitcoins, equivalent to about $12 billion! The address marked as "US government" currently still holds: 203,200 BTC, about $12 billion; 50,200 ETH, about $130 million; 750.7 wBTC, about $44.41 million; and several other tokens. The total value of the current holdings of this address is about $12.4 billion.
The cryptocurrency market is seriously U.S.-like! U.S. stocks rose slightly! The cryptocurrency market is warming up! Against the backdrop of the Fed's rate cut cycle and the small backdrop of the $BTC ETF, I don't think it will fall so deeply, because there is no driving force for such a deep fall for the time being; Back to the current market, if 73777→49000 is the first part of the adjustment, then we are now in the second part of the adjustment. Before falling below 54250, we assume that the second part of the adjustment will continue; The corresponding operation is that if you are buying the bottom below 54250 and want to bet on a big wave, then 54000 is a good stop loss point; At present, there is no driving force for an upward reversal, so it is assumed that after this wave of rebound is over, there will be another wave of adjustment; At the morphological level, there is no breakthrough at present, so my choice is to rise to a larger macro level, the event level to observe and wait, waiting for the variable that is sufficient to trigger a change in the current market trend to appear, whether it is an event or a new story, it has not appeared yet. #BinanceSquareCreatorAward #BTC走势分析 #加密市场反弹
Understand the most powerful airdrop artifact in one article! The real airdrop phone! The most powerful Web3 phone-UP Mobile #BTC走势预测 #BinanceSquareCreatorAward
An epic disaster movie is staged! CPI data has fallen for four consecutive months! Back to the "2-digit"! 3% lower than the market expectation, The market seems to be slightly disappointed with this data! The monthly rate was 0.2%, in line with market expectations; The unadjusted core CPI annual rate in July was 3.2%, It fell for the fourth consecutive month, the lowest level since April 2021; The monthly rate was 0.2%, both in line with market expectations. #美国CPI数据连续第4个月回落 #美联储何时降息?
This old man is almost a puppet! Live interview with Musk in the morning! He read from the script the whole time! And he didn't mention cryptocurrency or Bitcoin at all! #美国CPI数据即将公布 #马斯克特普朗谈话
Attention! Tomorrow will be announced! July CPI data! The market will fluctuate again! Everyone remember to manage your positions! Adjust in time! Recently, the cryptocurrency market has been greatly affected by US stocks! #加密市场反弹 #BTC走势分析
MoveMent airdrop artifact! Web3 abstraction layer Up Network will launch the Movement smartphone that integrates AI and blockchain technology. The phone is powered by the Move programming language and uses facial recognition and fingerprint data for secure digital authentication through zero-knowledge proof technology to enhance privacy. It also integrates a large language model to provide users with personalized assistance in tasks such as scheduling and shopping. The phone is also EVM/MoveVM compatible, with a smart wallet, account abstraction dApp store, and DePIN suite.
Super big hair! Binance-funded Movement will launch -UP Network! Easily surpass Solana mobile!
What is UP Network? SAN FRANCISCO—Up Network has launched the Up Mobile, the world’s first smartphone to integrate advanced AI and blockchain technology, powered by Facebook’s Move programming language. This groundbreaking device promises to improve user security and privacy while delivering innovative Web3 experiences.Up Network is building the largest smart mobile node network through a strategic partnership with Movement Labs, connecting mobile devices and blockchain through a Web3 abstraction layer, seamlessly integrating blockchain into the daily mobile experience. The partnership with Movement Labs, which recently raised $38 million in Series A funding, consolidates Up Mobile's capabilities. Movement's AI-driven execution layer ensures scalability during peak demand periods, overcoming traditional blockchain adoption barriers.
#BTC 💥This wave of Bitcoin's hearty rise💥First look at 69,000-70,000! This time, we can also see the sharpness and ferocity of the main force's manipulation! Wait for Bitcoin to rise to the 69,000-70,000 range, and observe the aggregated order book pending order data. If the long army eats up all the active selling orders, then this wave of rise will be a good show and a big market will explode! Wait patiently! #加密市场反弹
⚡️⚡️An arrow pierces the clouds! ⚡️⚡️ ⚡️⚡️A huge army is coming to meet! ⚡️⚡️ A big positive line! Straight into the sky! The market picks up again in the morning! #加密市场反弹