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Dogwifhat whales are selling in large quantities to book profits. Has the price of WIF peaked?
The Dogwifhat whale dumped a large amount of tokens, pocketing $7.5 million in profits, sparking speculation that WIF’s price may have broken out.
A Dogwifhat smart whale made a splash in the cryptocurrency space on Friday by dumping a massive amount of the dog-themed meme token. Recent on-chain statistics indicate that the smart whale traded up to 850,000 tokens, making a healthy profit of $7.5 million. The trading strategy attracted widespread attention as WIF prices plunged more than 15% intraday, sparking uncertainty among investors as to whether the token may have peaked in a bull run.
A Dogwifhat smart whale made a splash in the cryptocurrency space on Friday by dumping a massive amount of the dog-themed meme token. Recent on-chain statistics indicate that the smart whale traded up to 850,000 tokens, making a healthy profit of $7.5 million. The trading strategy attracted widespread attention as WIF prices plunged more than 15% intraday, sparking uncertainty among investors as to whether the token may have peaked in a bull run.
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Bitcoin fell after Powell's hawkish comments! Ambush 3 cryptocurrencies and rebound up to 100 times!
Good morning, brothers. Bitcoin fell after hitting $90,000 yesterday. I think this is normal. The financial market does not always rise or fall. It is normal and healthy to have both rises and falls.
Reason for Bitcoin's decline: Fed's Powell made a "hawkish statement"
Data was released yesterday showing that the US Producer Price Index (PPI) rose 2.4% year-on-year in October, slightly above expectations of 2.3%.
After the data was released, Fed Chairman Powell told reporters that the central bank did not need to "rush" to further cut interest rates. Investors withdrew from the "Trump trade" betting on interest rate cuts, and the three major U.S. stock indexes fell. At the close, the S&P 500, Dow Jones and Nasdaq all closed down, down 0.60%, 0.47% and 0.64% respectively.
Reason for Bitcoin's decline: Fed's Powell made a "hawkish statement"
Data was released yesterday showing that the US Producer Price Index (PPI) rose 2.4% year-on-year in October, slightly above expectations of 2.3%.
After the data was released, Fed Chairman Powell told reporters that the central bank did not need to "rush" to further cut interest rates. Investors withdrew from the "Trump trade" betting on interest rate cuts, and the three major U.S. stock indexes fell. At the close, the S&P 500, Dow Jones and Nasdaq all closed down, down 0.60%, 0.47% and 0.64% respectively.
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The meme heat on one chain will dissipate, but the memes of other chains will rise.
There is no mainstream narrative for market value, meme is the mainstream, sol chain, ETH chain, Bitcoin chain, and emerging public chains will all have meme trends.
Pay attention to other chains in advance and eat the leader!
#BTC冲破9万
There is no mainstream narrative for market value, meme is the mainstream, sol chain, ETH chain, Bitcoin chain, and emerging public chains will all have meme trends.
Pay attention to other chains in advance and eat the leader!
#BTC冲破9万
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US inflation data causes Bitcoin to pull back, what are the obstacles to rising to $100,000
Bitcoin traded 4.1% lower on November 14 after U.S. inflation data came in slightly above market expectations. The decline mirrored the S&P 500 futures, which fell from 6,023 to 5,980 in four hours.
As a result, traders are now beginning to question the extent of this correlation and when Bitcoin’s inflation-hedging properties might provide some protection in an environment of persistent inflation.
S&P 500 futures (left) vs. Bitcoin/USD (right). Source: TradingView
Although the US Producer Price Index (PPI) rose 2.4% year-on-year in October, slightly above the consensus of 2.3%, this did not change the consensus outlook for a 0.25% rate cut by the Federal Open Market Committee (FOMC) in December. However, doubts are growing about the Fed’s ability to maintain its rate-cutting trajectory until 2025.
As a result, traders are now beginning to question the extent of this correlation and when Bitcoin’s inflation-hedging properties might provide some protection in an environment of persistent inflation.
S&P 500 futures (left) vs. Bitcoin/USD (right). Source: TradingView
Although the US Producer Price Index (PPI) rose 2.4% year-on-year in October, slightly above the consensus of 2.3%, this did not change the consensus outlook for a 0.25% rate cut by the Federal Open Market Committee (FOMC) in December. However, doubts are growing about the Fed’s ability to maintain its rate-cutting trajectory until 2025.
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Yesterday, the market sentiment experienced a surge in the morning (PNUT rushed to 3u) and a decline in the afternoon (PNUT fell below 2u). Now many people have begun to doubt the market.
1. BTC is fluctuating at a high level, and no one seems to pay attention to the price of Bitcoin. Everyone is rushing to memecoin madly.
2. The ETH exchange rate has fallen all the way again. I don’t understand what changes it can make;
3. SOL is as stable as Mount Tai. No matter how everyone rises or falls, it can stay stable and not fall. It can keep up with the rise.
As the memecoin craze continues to drive network activities, Solana supports 89% of new token issuance
#美国初请失业金人数创2024年新低
1. BTC is fluctuating at a high level, and no one seems to pay attention to the price of Bitcoin. Everyone is rushing to memecoin madly.
2. The ETH exchange rate has fallen all the way again. I don’t understand what changes it can make;
3. SOL is as stable as Mount Tai. No matter how everyone rises or falls, it can stay stable and not fall. It can keep up with the rise.
As the memecoin craze continues to drive network activities, Solana supports 89% of new token issuance
#美国初请失业金人数创2024年新低
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👑 BTC: Who else can be the biggest MEME? Come and fight me if you don’t agree!
🐶 DOGE: I am known as the “second” in the world, who has any objection?
🐸 PEPE: I am firmly in the third position, no objection, right?
💩 SHIB: Hey, you guys, have you forgotten me?
🌶️ LTC: Stop arguing! Actually, I am also half a MEME!
💎 ETH: That… what about me?
BTC, DOGE, SHIB, PEPE, LTC: You are just a playboy!
#PNUT走高
🐶 DOGE: I am known as the “second” in the world, who has any objection?
🐸 PEPE: I am firmly in the third position, no objection, right?
💩 SHIB: Hey, you guys, have you forgotten me?
🌶️ LTC: Stop arguing! Actually, I am also half a MEME!
💎 ETH: That… what about me?
BTC, DOGE, SHIB, PEPE, LTC: You are just a playboy!
#PNUT走高
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Binance expands product range of ACT, PNUT, NEIRO, sparking optimism
As Binance expands the range of trading products for these cryptocurrencies, the prices of ACT, PNUT, and NEIRO have seen impressive gains, sparking optimism for further gains in the future.
To further boost market sentiment, leading cryptocurrency exchange Binance announced on Thursday that it will expand the offering of three tokens. The cryptocurrency exchange revealed that it will list new pairs of The AI Prophecy (ACT), Peanut The Squirrel (PNUT), and First NEIRO on Ethereum tokens, sparking investor curiosity. Meanwhile, the prices of the listed tokens surged 3%-32%, indicating that the broader market reacted positively to the listing announcement.
To further boost market sentiment, leading cryptocurrency exchange Binance announced on Thursday that it will expand the offering of three tokens. The cryptocurrency exchange revealed that it will list new pairs of The AI Prophecy (ACT), Peanut The Squirrel (PNUT), and First NEIRO on Ethereum tokens, sparking investor curiosity. Meanwhile, the prices of the listed tokens surged 3%-32%, indicating that the broader market reacted positively to the listing announcement.
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At present, the entire market revolves around $BTC and various memes.
Mainly $pnut squirrel series, $doge Musk series, AI series, etc.
This wave of meme narratives has been accompanied by the rise of $doge, and the ceiling has been completely opened, so everyone should have imagination and can still be a little more creative.
As for when the meme market will end, one reference is that major public chains or institutional VCs come out to make memes. At this time, the market will basically end. At present, many institutions are still looking for entry points to enter the meme market.
When they come in, they should consider converting most of the meme funds to the mainstream.
For example, $btc, $bnb, etc., this round of $bnb has not risen much, but the platform transaction volume on binance has skyrocketed, so there is still a lot of room.
This round of $BTC has been purchased by overseas institutions and central banks, so everyone sees that it is late to rise. Binance has not yet wiped out the premium of cb, which is enough to prove one thing, that is, the big trend has come.
This round of $BTC has been purchased by overseas institutions and central banks, so everyone sees that it is a late rise. Binance has not yet wiped out the premium of cb, which is enough to prove one thing, that is, the big trend has come. #BTC何时破9万？
Mainly $pnut squirrel series, $doge Musk series, AI series, etc.
This wave of meme narratives has been accompanied by the rise of $doge, and the ceiling has been completely opened, so everyone should have imagination and can still be a little more creative.
As for when the meme market will end, one reference is that major public chains or institutional VCs come out to make memes. At this time, the market will basically end. At present, many institutions are still looking for entry points to enter the meme market.
When they come in, they should consider converting most of the meme funds to the mainstream.
For example, $btc, $bnb, etc., this round of $bnb has not risen much, but the platform transaction volume on binance has skyrocketed, so there is still a lot of room.
This round of $BTC has been purchased by overseas institutions and central banks, so everyone sees that it is late to rise. Binance has not yet wiped out the premium of cb, which is enough to prove one thing, that is, the big trend has come.
This round of $BTC has been purchased by overseas institutions and central banks, so everyone sees that it is a late rise. Binance has not yet wiped out the premium of cb, which is enough to prove one thing, that is, the big trend has come. #BTC何时破9万？
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Looking back at the recent gain list, 70% are MEME sectors, from Doge to Neiro at the beginning, they belong to the Doge series; then to PEPE, WIF and PNUT, they belong to the non-Doge series and SOL series, and then to today's ACT, which is considered AI series.
MEME sectors will still rotate, so it would be a good choice to find stagflationary MEME sectors/targets at this time.
#新币挖矿你参加了吗？
MEME sectors will still rotate, so it would be a good choice to find stagflationary MEME sectors/targets at this time.
#新币挖矿你参加了吗？
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Bitcoin enters "euphoria phase" and may see profit-taking correction within 10 days
Last night (13th), the United States released CPI data that was in line with expectations, adding momentum to the rise of the cryptocurrency market. Bitcoin once hit a high of $93,477.11, soaring more than $7,000 during the day, but then fell by more than $5,000, resulting in the liquidation of more than 250,000 people. Investors are wary of possible corrections in the cryptocurrency market at any time.
Glassnode: Bitcoin may correct within 10 days
On the 12th, the latest report released by Glassnode provided clues to the possible timing of the correction. The report pointed out that Bitcoin has entered a new round of price discovery after a new high, and all circulating supply is in a profitable state. Historically, this "euphoric" stage lasted about 22 days, after which the market corrected, causing more than 5% of the supply to fall back below the original purchase price.
Glassnode: Bitcoin may correct within 10 days
On the 12th, the latest report released by Glassnode provided clues to the possible timing of the correction. The report pointed out that Bitcoin has entered a new round of price discovery after a new high, and all circulating supply is in a profitable state. Historically, this "euphoric" stage lasted about 22 days, after which the market corrected, causing more than 5% of the supply to fall back below the original purchase price.
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Interpreting Binance Launchpool’s latest project Usual: RWA decentralized stablecoin
This afternoon, Binance announced that it will launch the 61st project Usual (USUAL) on Launchpool at 18:00 Beijing time on November 19, and start pre-market trading. Users can lock BNB and FDUSD to participate in mining, and the mining period is from 00:00 on November 15 to 8:59 on November 19, 2024, Beijing time. As soon as the news came out, the price of BNB once hit $660 in the short term, and temporarily reported $648, with a 24-hour increase of more than 6%.
Next, Planet Daily will be the first to let you know about Binance Launchpool’s latest project Usual and its token economic model.
Next, Planet Daily will be the first to let you know about Binance Launchpool’s latest project Usual and its token economic model.
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Litecoin says it is ‘now recognized as a Memecoin’, LTC price surges 15%
Litecoin recently hinted at joining the memecoin bandwagon via a humorous tweet, causing LTC’s price to surge by a massive 15% in an instant.
Litecoin has likely shown interest in joining the meme coin space following the recent market frenzy, as one post stated “I now consider myself a memecoin due to current market conditions”. Dogecoin responded by welcoming the post and asked fans to suggest mascots. Traders immediately responded to the posts, sparking a 15% increase in the LTC price.
Litecoin Now Joins the Meme Coin Field?
Litecoin, a decentralized peer-to-peer cryptocurrency inspired by Bitcoin, sparked a massive discussion on the X platform on November 14. The post stated, “Given the current market conditions, I now define it as a memecoin.”
Litecoin has likely shown interest in joining the meme coin space following the recent market frenzy, as one post stated “I now consider myself a memecoin due to current market conditions”. Dogecoin responded by welcoming the post and asked fans to suggest mascots. Traders immediately responded to the posts, sparking a 15% increase in the LTC price.
Litecoin Now Joins the Meme Coin Field?
Litecoin, a decentralized peer-to-peer cryptocurrency inspired by Bitcoin, sparked a massive discussion on the X platform on November 14. The post stated, “Given the current market conditions, I now define it as a memecoin.”
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4 Potential Coins That Will Help You Become a Millionaire During the Bull Market Are Ready to Take Off!
The rise of Bitcoin is within expectations. The next point is around 96,000. It has risen too fast, and most of the altcoins did not follow. Previously, institutions bought frantically and saw a 10% increase, with a net inflow of more than 10,000 Bitcoins. Yesterday, statistics showed that ETFs had a net inflow of more than 1,000 Bitcoins, which also rose by 10%. If it is the institutions that are making the move, I am not worried. If it is not the institutions, the funds will probably flow from two sources: the market makers pulling the market, and retail and large investors buying. If it is the latter, the risk is greatly increased, and risk control is needed.
If Bitcoin goes up, will the alt season come? If it goes up like this, the alt season can only be the season of individual coins. The principle behind it is the problem of capital inflow. Only when Bitcoin's profit-taking is sold, will funds flow into the alt. Let's understand it this way. In 2021, the dealers who pulled the market bought most of the funds into Bitcoin. Bitcoin is booming. If they don't sell Bitcoin, they will have no funds to pull up the alt. If they sell, Bitcoin will pull back, and the alt will pull back more. At that time, they can pull up the alt. At that time, the bloodshed in the alt is also a good time to enter the market.
If Bitcoin goes up, will the alt season come? If it goes up like this, the alt season can only be the season of individual coins. The principle behind it is the problem of capital inflow. Only when Bitcoin's profit-taking is sold, will funds flow into the alt. Let's understand it this way. In 2021, the dealers who pulled the market bought most of the funds into Bitcoin. Bitcoin is booming. If they don't sell Bitcoin, they will have no funds to pull up the alt. If they sell, Bitcoin will pull back, and the alt will pull back more. At that time, they can pull up the alt. At that time, the bloodshed in the alt is also a good time to enter the market.
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Is Musk going to start shouting $DOGE again? This wave of publicity is even more awesome than the previous one about DOGE going to Mars. This year, DOGE may be very high. Just look at the price of 1u, it is really awesome.
The current price is $0.4. When Trump takes office, DOGE is expected to break through $1. Go for it, DOGE!
#doge
The current price is $0.4. When Trump takes office, DOGE is expected to break through $1. Go for it, DOGE!
#doge
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Musk suddenly made a shocking statement! The market fluctuated violently: PNUT soared more than 277% and Dogecoin rose above $0.4
Donald Trump announced that billionaire Elon Musk will lead the new U.S. government Department of Efficiency (D.O.G.E). When the necessity of the department's existence was questioned, Musk responded that the United States was saved by a squirrel and meme coins, stimulating the PNUT token to surge by more than 277%, becoming a newly emerging meme coin. The old Dogecoin also rose above $0.4.
Ashley St. Clair, a well-known opinion leader on Twitter, wrote: "If it is not designed for entertainment, then please explain how we set up a department dedicated to firing half of the government officials by posting spam. This department is called DOGE (Department of Government Efficiency) and is led by Elon Musk and Vivek Ramaswamy during President Trump's term." Musk, who is regarded as the "father of Dogecoin", personally responded: "A squirrel and a meme coin saved America."
Ashley St. Clair, a well-known opinion leader on Twitter, wrote: "If it is not designed for entertainment, then please explain how we set up a department dedicated to firing half of the government officials by posting spam. This department is called DOGE (Department of Government Efficiency) and is led by Elon Musk and Vivek Ramaswamy during President Trump's term." Musk, who is regarded as the "father of Dogecoin", personally responded: "A squirrel and a meme coin saved America."
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Pepe Coin Whales Sell $500 Billion, Prepare for Meme Coins Dump
Pepe Coin whale sells 500 million tokens as on-chain data warns of a potential sell-off in meme coins like DOGE, WIF, and FLOKI.
The price of Pepe Coin (PEPE) surged 75% in the 24 hours following its listing on Coinbase and Robinhood. However, on-chain data suggests whales may have taken profits, leading to a sell-off of the meme coin. One Pepe Coin whale dumped nearly 500 billion coins while pocketing nearly $45 million in profits.
Pepe Coin whales dump holdings in large quantities
Early PEPE investors and whales have begun to take profits. According to Lookonchain on November 14, a PEPE whale sold 500 billion PEPE tokens worth $11.8 million. Smart investors accumulated 2.01 trillion PEPE tokens between May 5 and September 10 last year, when the initial outlay was 1,170 ETH, worth $2.12 million.
The price of Pepe Coin (PEPE) surged 75% in the 24 hours following its listing on Coinbase and Robinhood. However, on-chain data suggests whales may have taken profits, leading to a sell-off of the meme coin. One Pepe Coin whale dumped nearly 500 billion coins while pocketing nearly $45 million in profits.
Pepe Coin whales dump holdings in large quantities
Early PEPE investors and whales have begun to take profits. According to Lookonchain on November 14, a PEPE whale sold 500 billion PEPE tokens worth $11.8 million. Smart investors accumulated 2.01 trillion PEPE tokens between May 5 and September 10 last year, when the initial outlay was 1,170 ETH, worth $2.12 million.
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Bitcoin breaks through $90,000 for the first time in history! 3 altcoins gain 100 times in bull market!
Good morning, brothers, the bull market is really here! Bitcoin has broken through $93,000 for the first time in history!
Last night, the U.S. Department of Labor released data on the evening of the 13th showing that the U.S. CPI (Consumer Price Index) in October rose 2.6% from the same period last year and rose slightly by 0.2% from September this year. Both were in line with previous expectations.
At the same time, the core CPI, excluding food and energy, remained the same as in September at 3.3%, with an annual increase of 3.3%, both in line with market expectations.
With the release of CPI data, expectations of further interest rate cuts in December were reinforced. Bitcoin once again gained momentum last night, breaking through the $93,000 mark in the early hours of today (14), reaching a high of $93,263.
Last night, the U.S. Department of Labor released data on the evening of the 13th showing that the U.S. CPI (Consumer Price Index) in October rose 2.6% from the same period last year and rose slightly by 0.2% from September this year. Both were in line with previous expectations.
At the same time, the core CPI, excluding food and energy, remained the same as in September at 3.3%, with an annual increase of 3.3%, both in line with market expectations.
With the release of CPI data, expectations of further interest rate cuts in December were reinforced. Bitcoin once again gained momentum last night, breaking through the $93,000 mark in the early hours of today (14), reaching a high of $93,263.
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Ethereum's rally weakens: A short-term pullback may be expected
Negative sentiment in the cryptocurrency market is gradually heating up again, with major digital assets such as the second-largest cryptocurrency Ethereum experiencing notable setbacks, causing their renewed upward price momentum to slow down. Due to the sudden drop, some crypto analysts believe that altcoins may soon face a long-term bearish trend.
Ethereum is about to enter a correction phase
Information platform IC News has delved into Ethereum’s current price action and provided insights into its recent performance. After a comprehensive analysis, the platform highlighted that ETH may be in a temporary correction phase as market momentum cools after the recent gains. The platform’s prediction is due to signs of overbought conditions and profit-taking by retail and institutional investors, which could affect the stability of the crypto asset’s value.
Ethereum is about to enter a correction phase
Information platform IC News has delved into Ethereum’s current price action and provided insights into its recent performance. After a comprehensive analysis, the platform highlighted that ETH may be in a temporary correction phase as market momentum cools after the recent gains. The platform’s prediction is due to signs of overbought conditions and profit-taking by retail and institutional investors, which could affect the stability of the crypto asset’s value.
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Will holding on to SHIB make you financially free in 2025?
Can holding SHIB make us financially free in 2025? This question really makes many people feel anxious and entangled.
Let's first talk about the recent popularity of SHIB, which is really rising like a rocket. A while ago, this "Shiba Inu Coin" set off a storm in the cryptocurrency market, and many people were shocked by its rise. This sudden surge is like a big pie falling from the sky, hitting those who held SHIB early1. For a time, social media was full of discussions about SHIB, and some people excitedly posted screenshots of their earnings, feeling like they had found a gold mine1.
Let's first talk about the recent popularity of SHIB, which is really rising like a rocket. A while ago, this "Shiba Inu Coin" set off a storm in the cryptocurrency market, and many people were shocked by its rise. This sudden surge is like a big pie falling from the sky, hitting those who held SHIB early1. For a time, social media was full of discussions about SHIB, and some people excitedly posted screenshots of their earnings, feeling like they had found a gold mine1.
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Bottom-fishing? How to operate now?
Sol waited for a day and finally reached the 200 mark, which is a breakthrough and retracement. I think 198-200 are good opportunities to get on board.
ETH is just as we expected. On the 12th, the good news was exhausted and it began to pull back. I am still satisfied with the pullback to 3110 today, but it would be the most perfect trend to reach around 3070. You can actively enter the market. I will update the specific operations in real time in the community.
After the wave of pullback and consolidation, a new round of rise will begin. The next target of Bitcoin is 100,000 US dollars!
But I think the rise is indeed a bit fast now. It was 90,000 in mid-November. Maybe it will be 100,000 by the end of the month. How much will it go in December? I think it should not be that fast. The consolidation in the middle may last a little longer, which just gives everyone the opportunity to cover their positions. You have to cherish it.
I think the craziest increase should appear in the two weeks before Trump's inauguration on January 20. At that time, Bitcoin is expected to reach 100,000-120,000 US dollars. It will only be a month. Let's wait and see! #BTC何时破9万？
Sol waited for a day and finally reached the 200 mark, which is a breakthrough and retracement. I think 198-200 are good opportunities to get on board.
ETH is just as we expected. On the 12th, the good news was exhausted and it began to pull back. I am still satisfied with the pullback to 3110 today, but it would be the most perfect trend to reach around 3070. You can actively enter the market. I will update the specific operations in real time in the community.
After the wave of pullback and consolidation, a new round of rise will begin. The next target of Bitcoin is 100,000 US dollars!
But I think the rise is indeed a bit fast now. It was 90,000 in mid-November. Maybe it will be 100,000 by the end of the month. How much will it go in December? I think it should not be that fast. The consolidation in the middle may last a little longer, which just gives everyone the opportunity to cover their positions. You have to cherish it.
I think the craziest increase should appear in the two weeks before Trump's inauguration on January 20. At that time, Bitcoin is expected to reach 100,000-120,000 US dollars. It will only be a month. Let's wait and see! #BTC何时破9万？