The coin could pump back though | Kiel10 on Binance Square

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The coin could pump back though

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Bitcoin $BTC held steady during Friday's Asian session, trading above $104,000 despite the Bank of Japan's (BOJ) decision to raise interest rates to a 17-year high and an upward revision of inflation forecasts. The Japanese yen gained 0.6% to 155.12 against the U.S. dollar, but risk assets, including Bitcoin and S&P 500 futures, remained largely unaffected. Meanwhile, Donald Trump’s official memecoin turned out to be highly profitable for early investors, with 60 whales pocketing over $10 million each. The token has drawn fresh interest to the Solana blockchain, with 50% of holders being first-time Solana investors. However, wealth concentration remains a concern, as 40 whales hold 94% of TRUMP and MELANIA tokens. In other news, Binance Futures announced the listing of #VINE and PIPPIN on USDT-margined perpetual contracts, set to go live on January 24, 2025, at 10:00 UTC for VINE and 10:15 UTC for PIPPIN, offering leverage of up to 25x. While VINE has already been listed on several exchanges, BingX is currently running an airdrop event where traders can earn between $5–$200 in VINE, making it an attractive opportunity. #BinanceAlphaAlert #TrumpCryptoOrder

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Algorand seems to be facing some resistance after its recent highs, with the price settling around $0.4165. The increase in transactions and fees suggests growing activity on the network, but it hasn't translated into sustained price momentum yet. Given the overall market conditions and external factors like Trump's inauguration, it's not surprising to see a period of consolidation. On the other hand, World Liberty Financial's continued interest in TRX could provide some short-term support for the token, especially after their recent multi-million dollar purchases. It's interesting to see how these political narratives intersect with crypto investments. As for Animecoin, its recent price movement and exchange listings like Binance, BingX, and OKX are a good sign for liquidity, but long-term viability will depend on how well the project engages its target audience. The $ANIME niche has potential, but as always, sustainability and execution are key factors. The token's 43% rise in the past day shows interest, but volatility remains high, typical for projects in this category. #AnimecoinOnBinance #BinanceAlphaAlert

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Bitcoin is facing resistance near its all-time high of $109,588, but the steady hold by buyers suggests confidence in the broader trend. MicroStrategy’s recent purchase of 11,000 BTC at an average of $101,191 reflects ongoing institutional interest in the asset. XRP attempted to break past $3.40 met resistance, indicating selling pressure at higher levels. Meanwhile, Solana found support at the $232 level, showing buying interest. A sustained move above $260 could pave the way for a retest of its all-time high at $295, with the possibility of further gains if momentum holds. While, Jambo is working towards building a global on-chain mobile network powered by its crypto-native JamboPhone, with over 700,000 mobile nodes across 120+ countries. BingX has introduced an event around its listing, featuring a 20,000 J token reward pool and there are others events on J by several CEX. #BinanceAlphaAlert

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The cryptocurrency market saw $195 million in liquidations over the last 24 hours, nearly split between long positions ($97.96M) and short positions ($97.38M). Bitcoin led with $58.16M liquidated, followed by Ethereum at $22.35M. $VTHO spiked near 0.007712, with over a 200% pump yesterday, supported by significant volumes hinting at possible further movement. Similarly, Doge is showing early bullish signs, sparking interest. Network3 continues advancing its DePIN and AI-driven goals, holding its ground despite market volatility. With a 150,000 N3 reward listing carnival on BingX, some may see this as an opportunity worth exploring. #VeThorOnBinance

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BNB Chain Memecoin Solution seems like an interesting move, especially with the no-code approach making it easier for people to launch their own projects. It's a clear push to bring more users into Web3, and with memecoins still having a strong presence, it makes sense. It’ll be interesting to see how many serious projects come out of it versus just short-lived hype. On another note, MicroStrategy adding another 11,000 $BTC isn’t surprising at this point. They’ve stayed consistent with their strategy, and it feels like they’re doubling down even more now. It does make me wonder how their long-term vision plays out, especially with how regulatory landscapes keep shifting. As for Yuliverse, the concept sounds refreshing, mixing gaming, social elements, and a player-driven economy is a combination that could resonate with a lot of people I included. Seeing BingX offer a $YULI Launchpool is a nice touch for those looking to get early exposure. If the game delivers on its promises, it could carve out a solid spot in the Web3 space.

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