$1MBABYDOGE REACHED ITS ATH ON BINANCE 🚀 📊 But here's som | The Crypto Anatomy on Binance Square

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Bullish

$1MBABYDOGE REACHED ITS ATH ON BINANCE 🚀
📊
But here's some bad news.
It has formed a double top as well. 🙃
Stay away from longs at this moment. Won't be a wise thing to do.
#BABYDOGEUSDT #1MBabyDogeCoin 

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Scroll’s SCR Token Debuts on Binance, Staking Begins Now. 📊 Of the 1 billion SCR tokens, 15% will be reserved for airdrops, with the first airdrop scheduled for October 22, 2024. Scroll, a prominent Ethereum Layer 2 network, is set to launch its native token, SCR, with Binance being the first exchange to provide pre-market trading for the token. The announcement on Tuesday revealed that users will have access to trade SCR before its official spot market listing. Starting from October 9th, users can participate in Binance’s Launchpool farming event, where they can stake BNB and FDUSD to farm SCR tokens. Binance has capped farming pools, allowing a maximum of 97,395 SCR staked in the BNB pool and 17,187 SCR in the FDUSD pool. A total of 55 million SCR tokens, representing 5.5% of the 1 billion total supply, will be allocated for Launchpool rewards. The circulating supply of SCR will be 190 million tokens (19% of the total supply) when it is listed, ensuring a sizable initial market presence. Binance has yet to disclose the duration of the pre-market phase or when the token will be available for full-market trading. Scroll’s SCR token marks a crucial step toward the decentralization of the platform. The token will play a vital role in governance, proving, and sequencing within the Scroll ecosystem. Of the 1 billion SCR tokens, 15% will be reserved for airdrops, with the first airdrop scheduled for October 22, 2024. A significant portion (35%) is allocated to ecosystem growth, and 23% is reserved for Scroll’s core contributors. Investors will receive 17% of the total supply, unlocking tokens over four years. Start staking now📈🥰 #SCRLaunchpoolStarts!

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How Will FTX Refund Affect Bitcoin and Cryptocurrencies? Let's Understand. 🔔 The infamous FTX incident which dragged the Bitcoin (BTC) and cryptocurrency markets into a collapse in 2022, and Delaware District Bankruptcy Court Judge John Dorsey approved the restructuring plan at the hearing. While this approval paves the way for refunds to be made to FTX creditors, analysts argued that these refunds could be positive for Bitcoin and the crypto market. According to The Block, analysts at K33 Research said that approximately $2.4 billion in repayments to creditors could return to the crypto market after a U.S. bankruptcy judge approved FTX’s restructuring plan. K33 analysts Vetle Lunde and David Zimmerman have predicted that payments will begin by the end of this quarter and the beginning of the first quarter of 2025. That date remains unclear, but analysts said they expect them to begin in mid-November. 📈 The big question for FTX payout bulls is how many of the refunds are likely to re-enter the market. Analysts have made a gradual distinction on this issue. At this point, analysts have noted that out of the total claims of $14.4 billion to $16.3 billion, $3.9 billion consists of loan funds, and they say that this $3.9 billion is unlikely to return to the market. Analysts said they found a total of $8 billion after subtracting other items, and they expect 20% to 40% of this to be invested back into the crypto market. “Because FTX’s investor base was comprised of aggressive risk takers, we expect these creditors to reinvest their money back into the market. However, this will likely happen in multiple waves over the next year, meaning the overall impact on the crypto market could be soft,” analysts said. #FTT/USDT #FTXAuction

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$STX Just thought of reminding the fam before the setup concludes and heads towards some explosion 💥 📈 You just witnessed the same with Neiro and now one more caught in the act. I'm dead inside 💠 Even after drawing this and knowing this was coming, I didn't enter 😭😭 Don't know what I was thinking. 🙄 Anyways I'll think later about Neiro. As of now I'll see if this lad is going down to test support at $1.70. Will be a good price to enter. If it retraces further it'll test the lower trendline and will reverse from there. Will mention the Targets 🎯 in the next one. #NeiroOnBinance #Stacks

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$NEAR The bounce back to the bearish FVG and multiple retests at the resistance. 📈 The chances of a possible breakout from this range as the huge fair value gap left quite a hefty vacant zone to be filled. Also the current price action forming an ascending triangle pattern could fuel this surge. We have the next resistance at $5.5 marking the supply zone to have this impact leading towards a retracement again. Although it is holding the price above the pivotal resistance of $5 and going with today's surge which is above 7% of the day, this could be a turning point for Near. #NEAR🚀🚀🚀

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$SUI THE GIANT MONSTER IS WAKING UP 💥 Some were saying it's the Solana killer of this season and few were saying it's the new Solana or Solana 2.0 I'm saying this will be the first SUI. This Layer1 will break numerous records this bull run and will set the stage for the rest to follow. The entry in the top 10 is loading ▪️◾◼️ #SUI.智能策略库🥇🥇 #SUI🔥

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