solanasummer
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Hope you all had an amazing weekend! Prices didn't move much until Sunday night, just a few hours ago as Monday begins. The week is starting with a slight move down, most coins down 2-5%. Since we do have a pretty volatile week ahead with CPI and all, let's see what direction market gives first. It's the type of market where we could see a mid week reversal similar to last week with FOMC. I think we do get a move down first followed by a nice retrace higher, but I do acknowledge the bearish trend we are currently forming. I would recommend to exercise caution in the medium term, the next week or two may be difficult. I will post a chart tomorrow with more thoughts. The weekly watchlist was posted as usual, make sure to read up. Have a good week and trade carefully!!!
#ETHETFS #BTC #eth #solanasummer
#ETHETFS #BTC #eth #solanasummer
Insights from UBS: Solana's Struggles Amidst FTX's Decline.
In a recent advisory, Swiss banking titan UBS urges circumspection in the digital currency realm, citing broader economic uncertainties alongside sector-specific challenges.
Analysts at UBS highlight the ramifications of central banks' moves to counter inflation through interest rate hikes, which have dampened growth prospects and investment enthusiasm, particularly impacting assets tethered to volatile tech stocks like digital currencies.
They note a concerning uptick in the synchronization of Bitcoin's price movements with these tech stocks throughout the year, indicating heightened susceptibility to broader market shifts.
The report chronicles the turmoil in the digital currency market triggered by key events, including the collapse of Terra Luna, setting off a chain of bankruptcies across the industry. Major platforms such as Celsius and investment funds like Three Arrows Capital found themselves engulfed in this wave of insolvencies. Furthermore, the November 2022 collapse of FTX, once the world's second-largest digital currency exchange, and its affiliated trading firm Alameda, exacerbated the sector's woes.
FTX's bankruptcy had far-reaching consequences due to its extensive network and prior support for distressed firms, amplifying the impact on associated entities like Genesis, which faced a financial exposure of $175 million.
UBS delves into the aftermath, scrutinizing Solana's challenges within the venture capital landscape. Notably, Alameda's direct investments in various digital currency projects, including Solana, took a hit. Prior to the collapse, Alameda disclosed SOL's valuation at over US$1 billion, representing an estimated 10% of the total market capitalization.
The UBS report underscores the interconnectedness and vulnerabilities within the crypto ecosystem, highlighting the ripple effects of FTX's downfall on Solana and the broader digital currency landscape. $SOL
#BTC #altcoins #solanasummer #SolanaInvesting #Memecoins
In a recent advisory, Swiss banking titan UBS urges circumspection in the digital currency realm, citing broader economic uncertainties alongside sector-specific challenges.
Analysts at UBS highlight the ramifications of central banks' moves to counter inflation through interest rate hikes, which have dampened growth prospects and investment enthusiasm, particularly impacting assets tethered to volatile tech stocks like digital currencies.
They note a concerning uptick in the synchronization of Bitcoin's price movements with these tech stocks throughout the year, indicating heightened susceptibility to broader market shifts.
The report chronicles the turmoil in the digital currency market triggered by key events, including the collapse of Terra Luna, setting off a chain of bankruptcies across the industry. Major platforms such as Celsius and investment funds like Three Arrows Capital found themselves engulfed in this wave of insolvencies. Furthermore, the November 2022 collapse of FTX, once the world's second-largest digital currency exchange, and its affiliated trading firm Alameda, exacerbated the sector's woes.
FTX's bankruptcy had far-reaching consequences due to its extensive network and prior support for distressed firms, amplifying the impact on associated entities like Genesis, which faced a financial exposure of $175 million.
UBS delves into the aftermath, scrutinizing Solana's challenges within the venture capital landscape. Notably, Alameda's direct investments in various digital currency projects, including Solana, took a hit. Prior to the collapse, Alameda disclosed SOL's valuation at over US$1 billion, representing an estimated 10% of the total market capitalization.
The UBS report underscores the interconnectedness and vulnerabilities within the crypto ecosystem, highlighting the ripple effects of FTX's downfall on Solana and the broader digital currency landscape. $SOL
#BTC #altcoins #solanasummer #SolanaInvesting #Memecoins
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🛰️Alert🛰️
🔥Major market players have kept prices low in recent days, manipulating investors' hopes. The current rise is not the expected recovery, but a strategy to encourage purchases at high prices. They then intend to cause prices to fall again, leading to loss-making sales, and thus increasing their own stock of cryptocurrencies.
🌀Be careful with your current investments. For day trading, volatility can provide opportunities, but risks remain high.
#Binance #solanasummer #BTC🔥🔥🔥🔥🔥 #PEPE❤️ #MATIC
🔥Major market players have kept prices low in recent days, manipulating investors' hopes. The current rise is not the expected recovery, but a strategy to encourage purchases at high prices. They then intend to cause prices to fall again, leading to loss-making sales, and thus increasing their own stock of cryptocurrencies.
🌀Be careful with your current investments. For day trading, volatility can provide opportunities, but risks remain high.
#Binance #solanasummer #BTC🔥🔥🔥🔥🔥 #PEPE❤️ #MATIC
BOME/usdt $BOME #BOMEUpdate
Buy to market price
Targets
0.011000
0.012000
0.013000
0.014000
0.015000
StopLoss
0.009600
#bomeusdt #SolanaStrong #solanasummer
Buy to market price
Targets
0.011000
0.012000
0.013000
0.014000
0.015000
StopLoss
0.009600
#bomeusdt #SolanaStrong #solanasummer
Solana Labs announced a collaboration with Google Cloud on Thursday to bring its blockchain game development platform GameShift to Google Cloud's ecosystem, aiming to drive mainstream adoption of blockchain technology in gaming.
GameShift abstracts away blockchain complexity by providing game developers an easy-to-use API for seamless user onboarding on Solana, along with in-game digital asset minting, branded in-game NFT marketplaces, credit card payments and payouts, and more.
#BTC #solanasummer
GameShift abstracts away blockchain complexity by providing game developers an easy-to-use API for seamless user onboarding on Solana, along with in-game digital asset minting, branded in-game NFT marketplaces, credit card payments and payouts, and more.
#BTC #solanasummer
Hello👋 Everyone ✳️ 🎁 Follow and share ✳️🎁
✳️ 🎁 free 300$SOL gift ✳️🎁#SOLGIVEAWAY #solanasummer
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✳️ 🎁 free 300$SOL gift ✳️🎁#SOLGIVEAWAY #solanasummer
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Solana Reclaims $150: How High Can SOL Trade This Week?
Solana, one of the leading crypto coins ruling the space at the moment, is back on track. The token is gaining considerable market momentum again after dropping to $143 last week.The bullish onset of the market, coupled with the thriving network activity, has borne fruit for SOL, helping the token trade at $151. Per several analytical platforms, Solana may yet again deliver a stellar price rise this week, which may assist the token in ascending to new price highs. According to CoinCodex, Solana may note a modest price surge this week, adding 0.85% valuation to its price.
The token may be exchanged at $153.42 or $153.78 by May 13. Similarly, SOL could gain a shy uptick of 0.94% by May 17. “The Solana price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $154.57 on May 17, 2024, gaining 0.94% in the process.”
#solanasummer #buythedip #altcoins #Memecoins #MicroStrategy
Solana, one of the leading crypto coins ruling the space at the moment, is back on track. The token is gaining considerable market momentum again after dropping to $143 last week.The bullish onset of the market, coupled with the thriving network activity, has borne fruit for SOL, helping the token trade at $151. Per several analytical platforms, Solana may yet again deliver a stellar price rise this week, which may assist the token in ascending to new price highs. According to CoinCodex, Solana may note a modest price surge this week, adding 0.85% valuation to its price.
The token may be exchanged at $153.42 or $153.78 by May 13. Similarly, SOL could gain a shy uptick of 0.94% by May 17. “The Solana price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $154.57 on May 17, 2024, gaining 0.94% in the process.”
#solanasummer #buythedip #altcoins #Memecoins #MicroStrategy
🚀 Newly Launched Project Analysis!🌟 #DeFi x #RWA #Solana Ecosystem Project PARCL (PRCL) 📈
🏠 Experience the Future of Real Estate Trading with Parcl (PRCL) 🏠
🚀 Let's dive into key features and potential of #PARCL in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Parcl, a Solana-based decentralized real estate trading platform, introduces a novel concept by combining real estate market trading with blockchain technology. The PRCL token serves as the backbone of the Parcl Ecosystem, providing governance rights, data access, and network incentives.
2️⃣ Technology and Features: Parcl revolutionizes real estate trading by enabling leveraged trades on real-world real estate prices. With perpetual futures for real estate markets, users can go long or short, creating a liquid market for the world’s largest asset class. It specializes in perpetual futures, allowing users to speculate on real estate markets worldwide.
3️⃣ Whitepaper Analysis: Parcl v2 is a protocol for getting perpetual exposure to synthetic assets using an AMM architecture. Key features include isolated pools, long-short trading, and stable execution prices. Powered by the Parcl Price Feed, it bridges real estate with blockchain technology, providing data-driven solutions for modern investors.
4️⃣ Use Case: The PRCL token serves multiple functions within the Parcl ecosystem, providing governance control, data access, and participation in future incentive programs. It governs specific Protocol and dApp features, serving as a gateway for accessing high-quality real estate data.
5️⃣ Team and Leadership: Led by Trevor Bacon (CEO), Kellan Grenier (COO), and Jason Lewris (CDO), the Parcl team is instrumental in the project’s development and success.
6️⃣ Partnerships: While specific partnerships were not found, Parcl has made significant strides in its vision of becoming the global standard for real-time real estate pricing and liquidity.
7️⃣ Security and Audits: Parcl’s smart contract has been audited, ensuring platform security. OtterSec audited parcl-v3 before launch in 2023. OtterSec did a follow-up audit of parcl-v3 in 2024.
8️⃣ Tokenomics: With a total token supply of 1 billion PRCL, the initial community supply is 7-8%. The PRCL token governs aspects of the Protocol & the decentralized trading application.
9️⃣ Exchanges: PRCL tokens can be traded on centralized crypto exchanges, with HTX & Gate.io being the most popular. Other options include Bybit, KuCoin and many more.
🔟 Conclusion: Parcl (PRCL) is set to revolutionize real estate trading, offering a unique value proposition for investors worldwide. Leveraging blockchain technology, it provides a seamless platform for speculating on real estate prices globally.
If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🚀 #rwa #RWA! #Solana #solanasummer $SOL $ETH $BTC
🚀 Let's dive into key features and potential of #PARCL in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Parcl, a Solana-based decentralized real estate trading platform, introduces a novel concept by combining real estate market trading with blockchain technology. The PRCL token serves as the backbone of the Parcl Ecosystem, providing governance rights, data access, and network incentives.
2️⃣ Technology and Features: Parcl revolutionizes real estate trading by enabling leveraged trades on real-world real estate prices. With perpetual futures for real estate markets, users can go long or short, creating a liquid market for the world’s largest asset class. It specializes in perpetual futures, allowing users to speculate on real estate markets worldwide.
3️⃣ Whitepaper Analysis: Parcl v2 is a protocol for getting perpetual exposure to synthetic assets using an AMM architecture. Key features include isolated pools, long-short trading, and stable execution prices. Powered by the Parcl Price Feed, it bridges real estate with blockchain technology, providing data-driven solutions for modern investors.
4️⃣ Use Case: The PRCL token serves multiple functions within the Parcl ecosystem, providing governance control, data access, and participation in future incentive programs. It governs specific Protocol and dApp features, serving as a gateway for accessing high-quality real estate data.
5️⃣ Team and Leadership: Led by Trevor Bacon (CEO), Kellan Grenier (COO), and Jason Lewris (CDO), the Parcl team is instrumental in the project’s development and success.
6️⃣ Partnerships: While specific partnerships were not found, Parcl has made significant strides in its vision of becoming the global standard for real-time real estate pricing and liquidity.
7️⃣ Security and Audits: Parcl’s smart contract has been audited, ensuring platform security. OtterSec audited parcl-v3 before launch in 2023. OtterSec did a follow-up audit of parcl-v3 in 2024.
8️⃣ Tokenomics: With a total token supply of 1 billion PRCL, the initial community supply is 7-8%. The PRCL token governs aspects of the Protocol & the decentralized trading application.
9️⃣ Exchanges: PRCL tokens can be traded on centralized crypto exchanges, with HTX & Gate.io being the most popular. Other options include Bybit, KuCoin and many more.
🔟 Conclusion: Parcl (PRCL) is set to revolutionize real estate trading, offering a unique value proposition for investors worldwide. Leveraging blockchain technology, it provides a seamless platform for speculating on real estate prices globally.
If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#CryptoSimbhaGems🦁🚀 #rwa #RWA! #Solana #solanasummer $SOL $ETH $BTC
Our job is done when the community is filthy rich 🚀 it’s just the beginning .🫀
Come join Us buy and hold and be one of this amazing community 🟢🎯 x100 is here for sure 💼💼💼💼💼💼💼💼💼💼💼💼💼💼💼💼
We grow together guys ! Our target is 1M and more , step by step .
Join us & be one of our family $MCAT
Let’s make a success 🔥🔥🔥
CA: Dr3q5XSEPqeWQCayZzGKAJecG4xv184WDHXSETUkwPrd
$SOL #Memecoins #altcoins #BinanceLaunchpool #solanasummer
Come join Us buy and hold and be one of this amazing community 🟢🎯 x100 is here for sure 💼💼💼💼💼💼💼💼💼💼💼💼💼💼💼💼
We grow together guys ! Our target is 1M and more , step by step .
Join us & be one of our family $MCAT
Let’s make a success 🔥🔥🔥
CA: Dr3q5XSEPqeWQCayZzGKAJecG4xv184WDHXSETUkwPrd
$SOL #Memecoins #altcoins #BinanceLaunchpool #solanasummer
Chart setups for $SOL
Many traders might consider buying SOL at its current position, to me it’s risky because the 200-day moving average suggests it will dip to our Entry Position at $143.60.
Let’s see how it unfolds.
TP1: $152.17
TP2: $162.19
SL: $138.40
#altcoins #solanasummer #SolanaInvesting #Memecoins #BinanceLaunchpool
Many traders might consider buying SOL at its current position, to me it’s risky because the 200-day moving average suggests it will dip to our Entry Position at $143.60.
Let’s see how it unfolds.
TP1: $152.17
TP2: $162.19
SL: $138.40
#altcoins #solanasummer #SolanaInvesting #Memecoins #BinanceLaunchpool
