Prepare for turbulence as we enter the second phase of the bear market. The funds allocated for bottom-fishing are nearly depleted, and existing resources are running dry. We should anticipate a persistent downward or stagnant trend.
Despite the hopeful predictions of a major bull run, the reality is sobering: daily declines and unsustainable price spikes are becoming the norm. The market is being inundated with high-value, low-circulation VC coins, requiring billions to be absorbed.
PEPE Investor, Who Increased 45 Thousand Dollars to 26 Million Dollars, is Back!
The whale, which earned tens of millions of dollars thanks to PEPE, one of the most popular meme coins, returned after months.
According to the post of blockchain analysis platform Spot On Chain, an altcoin investor named dimethyltryptamine.eth returned after not making any transactions with PEPE for 10 months.
According to Spot On Chain's post, the whale sold 10 billion PEPE in exchange for 32.73 Ethereum (ETH) last night. The investor earned approximately 112 thousand dollars in dollar terms.
PEPE, an Ethereum-based token, is the third biggest name in the meme coin category, according to CoinGecko data. In front of hi are Dogecoin and Shiba Inu.
The return of the whale increased the sellingpressure on PEPE. PEPE price dropped 5.9% in the last 24 hours to $0.00001077.
According to past transaction records, this name was one of the names that invested in #PEPE in the early periods when it entered the market.
The name, which invested only 45 thousand dollars in PEPE, obtained a total of 26.7 million dollars with the increase in the price of the meme coin.
PEPE is currently valued at $0.0000112, marking a 3.3% decrease since the previous day. Over the last week, its value has declined by 11.3%. The cryptocurrency previously encountered resistance at $0.0000135 and is now approaching the next resistance level at $0.0000120. It's crucial for PEPE to stay above the key support level of $0.0000089 to avert a downward trend. The Relative Strength Index (RSI) stands at 34, reflecting a neutral to slightly bearish market sentiment. Despite this, PEPE whales have been purchasing during this dip, viewing it as an opportunity. Should the current trend reverse and momentum build, PEPE's value could potentially rise to $0.000012. #US_Inflation_Easing_Alert #IntroToCopytrading #VanEck_SOL_ETFS #BinanceTournament #CPIAlert
bought thousands of #Bitcoins for less than a penny each, spending just $10. As Bitcoin's value soared, Wei's investment turned into a fortune worth billions. By 2017, Wei had amassed a staggering 99,000 $BTC . However, in early 2018, a sophisticated phishing attack breached the security of Wei's #crypto margin exchange, CryptoLeap, which he had built in 2014. Hackers stole Wei's entire #BTC fortune, then valued at a jaw-dropping $6 billion. The incident led to the collapse of CryptoLeap and Wei's resignation. Despite the catastrophic loss, Wei channeled his experience into #cybersecurity, becoming a mentor and advocate for stronger protections in the crypto industry.
Wei's hard-learned lessons now serve to protect future investors from similar attacks $BTC $USDC
After BTC have correction in this three days. Following is the data of % of profit if you buy right now the AI Coin and they can achieve their ATH and their current FDV:
1. GRT+1129% ($2.52B)
2. TAO = +139.9% ($6.68B)
3. THETA = +928.3% ($1.58B)
4. FET +105.4% ($4.46B)
5. AGIX = +171.1% ($1.38B)
6. WLD +283.7% ($31.33B)
7. OCEAN = +185.1% ($961.57m)
8. RLC +581.9% ($198.61m)
9. POND +1608% ($178.23m)
10. ΑΙ = +375.9% (757.39m)
11. NMR = +741.8% ($219.84m)
12. IQ +4849% ($132.08m)
13. PHB +104.5% ($126.49m)
14. NFP +288.7% ($353.56m)
15. CTXC = +881.7% ($73.81m)
16. MDT +1583% ($50.81m)
If you still have idle capital, which coin that you will invest right now? Give your opinion. #btcpizza #BTC #BTCFOMCWatch
• Consensys has announced that the SEC is closing its investigation into Ethereum 2.0, confirming that sales of ETH are not considered securities transactions.
• With the potential ETH ETF launch on July 2 approaching (not confirmed), Major ETH-Beta are gaining market attention. $LDO $ENS $SSV
• CB will suspend trading for $COVAL, $RAI, $wAMPL, and $SNX (only in NY) on July 19
• $AR - Arweave has hinted at an announcement on June 20, details about• $AR - Arweave has hinted at an announcement on June 20, details about "AI on AO" will be revealed.
• $ENA - According to @tokenterminal, Ethena is projected to overtake MakerDAO in fees.
• $GEL - Fox Corporation has announced that Verify's beta version will transition to a dedicated ZK blockchain using Polygon CDK, with Gelato as the provider.
• $NMR - Numerai has launched Numerai Crypto, a new prediction platform for the crypto market.
• $REZ - Renzo raised $17M to expand its services. The funding was led by Galaxy Ventures and Nova Fund.
• $PIXEL - Pixels has launched Chapter 2, enhancing gameplay and introducing new sustainability systems.
Sell pressure decreased and a bottom seems to be forming on a monthly support! If the price manage to break the multi days downtrend, then it could fly 15 - 20% easely today!
In 2010, a Chinese named Wei Zhang invested $10 in Bitcoin, acquiring thousands of coins when they were worth less than a penny. As Bitcoin's value skyrocketed, Wei's investment turned into a small fortune. With his newfound wealth and technical prowess, Wei built the world's first crypto margin exchange, CryptoLeap, in 2014.
By 2017, Wei had accumulated 99,000 BTC, worth billions. However, in early 2018, a sophisticated phishing attack compromised CryptoLeap's security. Hackers stole Wei's entire Bitcoin fortune, now valued at $6 billion. The incident led to the collapse of CryptoLeap and Wei's resignation.
Despite the catastrophic loss, Wei channeled his experience into cybersecurity, becoming a mentor and advocate for stronger protections in the crypto industry, ensuring his hard- learned lessons would protect future investors.
$SURE has confirmed the support at 0.005$ and now it is all set to cross 0.013$ in a shorter timeframe. This is a hidden gem that can take a rally anytime. Hope Bitcoin remains Bullish in this period. We've tracked 910% gains in the previous rally.
Musk First Tweeted About The Crypto, Here's How Much You'd Have Today
Dogecoin traded a $0.002552 on April 2, 2019, around the time of Musk's first tweet mentioning Dogecoin. If you bought $100 in Dogecoin at that time, you would have 39,185 DOGE today. The value of the $100 investment would now be $6,496 based on a current Dogecoin price of $0.1658 at the time of writing. This represents a hypothetical return of 6,396%
Dogecoin traded at $0.003084 on July 17, 2020, at its highest price. A $100 investment on that day could have bought 32,425 DOGE. The value of the $100 investment would have grown to $5,236 today. This represents a hypothetical return of 5,136%
Dogecoin hit an all-time high of $0.7376 in May 2021. At its peak, these $100 investments in Dogecoin based on Musk's tweets would have been worth $28,902.86 and $23,913.
$ALGO is indicating a lack of strength, approaching the next critical 0.14$ support amid ongoing bearish sentiment. Expect a reversal, with Algorand likely to emerge as a key player alongside $BTC in the upcoming bull rally cycle.
The S&P 500 and Nasdaq closed at new record highs for the fourth consecutive session on Thursday, gaining 0.2% and 0.3% respectively. This was driven by the rise in technology stocks, while the Dow Jones index lost 65 points. Investors compared cooler- than-expected inflation data with the Federal Reserve's moderate rate cut expectations. The latest PPI report indicated continued easing of inflationary pressures, reviving the possibility of multiple rate cuts this year. Broadcom shares surged 12.8% after raising revenue forecasts for AI chip sales and announcing a stock split, while Nvidia shares rose 3.5%. Tesla shares gained 2.7% after shareholders approved Elon Musk's $56 billion pay package and news of plans to relocate the company to Texas. Conversely, Virgin Galactic shares fell 14.2% following news of a reverse stock split.
Bitcoin Stalls: Consolidation or Calm Before the Storm?
#Bitcoin seems stuck in neutral, continuing its sideways movement. While this may feel uneventful, consolidation periods can be crucial for future price action. Here's what we're watching:
Support Test Incoming: Analysts anticipate a potential retest of the $64,500-$65,000 support zone. How $BTC reacts at this level could be a key indicator of the next directional move.
Accumulation Phase? Some view this sideways movement as an opportunity for accumulation, potentially by long-term holders anticipating a future breakout.
Be Prepared: Having some spare USDT ready could allow you to capitalize on a potential in the price.