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Three Reasons Why the Crypto Market Is Dropping Today 📉 Election Uncertainty. With just two weeks left until the U.S. elections, the optimism surrounding a potential Trump victory and positive remarks from Harris had previously pushed cryptocurrencies higher. Now, as the race nears its end, many investors are shifting away from risky assets. Federal Reserve Rates. It is expected that the Fed will take longer to lower interest rates than initially anticipated. This forecast has strengthened the U.S. dollar and increased treasury bond yields, making cryptocurrencies less attractive. Gold as a Safe-Haven Asset. Amid the pressure on cryptocurrencies, gold has gained the attention of investors. Its price has reached a record high of $2,725.81, with its market value nearing $18.38 trillion.
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Where to Look Before Buying Altcoins Team: If the developers have experience and successful past projects, the chances of the coin's growth increase. For example, the founders of Aptos and Sui previously worked at Meta. Utility: Is the technology useful now, and will it be in demand in the future? Meme tokens don’t fit here; they thrive on hype. Partnerships: Even one strong partnership with the real sector can push the coin to a new ATH, but only if it's legitimate. Many projects boast partnerships with giants like Google or BlackRock, and often, these companies have no idea they exist . Liquidity: A small purchase might cause a pump in an illiquid coin, but what happens next? Imagine a pump happens, but you can't sell to lock in profits. Market Cap: Larger projects are easier to predict, but with less risk comes lower profit potential. Save this and reread before buying altcoins 🆗
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🔥5 Chinese tokens for this Bull Run Conflux (CFX): is an innovative L1 blockchain protocol with Proof of Useful Work (PoUW) & the integration of zero-knowledge proof technology, both of which are expected to enhance network performance+security Filecoin (FIL): aims to provide scalable & safe data solutions as it broadens its impact in the decentralised storage space Vechain (VET): is making waves in global trade while focusing on solving real-world problems like product authenticity, transparency, & sustainability Sun (SUN): SUN serves as the utility token for Sun Pump, a meme coin launch platform on the Tron network, similar to Solana’s Pump.fun memecoin deployer Neo (NEO): NEO is one of the earliest Chinese narrative blockchains aiming to compete with ETH, the platform is building a “smart economy” through which users can manage their assets+digital identities
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👀Cryptocurrency Watchlist for the Upcoming Week: - $BTC – HBO's documentary, releasing on October 8, is said to reveal the identity of Satoshi Nakamoto. - $FTT – A court hearing on October 7 will determine the distribution of $16 billion in FTX funds. - $STX – Stacks will announce the launch date of the Nakamoto upgrade on October 10, which will significantly speed up the network. - Macro – U.S. Consumer Price Index data will be released on October 10. - $OM – Mantra is planned to go live on the mainnet this month. Mantra is an L1 blockchain designed for real-world assets. - $APT – $100 million worth of APT will be unlocked on October 11. Want more lists like this? drop an emoji
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You remember our BTC analysis, right? Everything is going exactly according to plan. Now, while we wait for it to play out, we’ve checked 19 altcoins with specific dates for you! The list will provide a range of dates for accumulating these coins. We’ll notify you when it’s time to sell. Be prepared to hold them for a couple of months, but it will be worth it!🗓 Here’s the list of coins (name month/date): 1. ETH: 10/04 - 10/09 2. PEPE: 10/06 - 10/12 3. COMP: 10/03 4. OP: 10/03 - 10/14 5. ARB: 10/05 - 10/11 6. DOT: 10/03 - 10/16 7. NOT: 10/04 - 10/19 8. DOGS: 10/02 - 10/19 9. TON: 10/02 - 10/10 10. ZK: 10/08 - 10/22 11. ROSE: 10/06 - 10/28 12. DYDX: 10/15 13. ATOM: 10/10 14. LTC: 10/17 - 10/26 15. SOL: 10/15 - 10/16 16. XCH: 10/14 - 10/11 17. XRP: 10/15 - 10/13 18. TRY: 10/14 19. ICP: 10/15 - 10/10 Get rich! We’re looking forward to your reactions! Turn on notifications for our channel and recommend it to your friends! We're just starting to make a whirlwind in this market!✔️
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