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Bitcoin’s perpetual futures markets are currently experiencing high funding rates, signaling a premium for long positions and further correction for spot prices, according to the “Bitfinex Alpha” report’s latest edition. The rising Bitcoin CME futures open interest, reaching $11.4 billion as of June 4th, parallels the March all-time highs before a notable price correction. Traders appear to be leveraging the basis arbitrage opportunity, shorting Bitcoin on the open market while gaining spot exposure through ETFs, aiming to profit from futures and spot market price discrepancies#BTC #LearntoEarn
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Cheap Cryptos Under $1 To Buy Right Now Cheap Cryptos Under $1 — Top Picks We have created a list of the top cheap cryptos under $1 to buy right now, which include the following: Dogeverse (DOGEVERSE) — The crypto industry’s first multichain meme coin Sealana (SEAL) — A seal-based cryptocurrency running on Solana’s network WienerAI (WAI) — A highly innovative meme coin that also doubles as your trading companion Mega Dice (DICE) — A new casino token that holds great potential 99Bitcoins (99BTC) — The first-ever Learn-To-Earn token 5th Scape (5SCAPE) — A VR/AR project serving as a gateway into the next big thing of the decade Sponge V2 (SPONGE) — A new version of a 2023 token that saw a 100x pump Smog (SMOG) — A dragon-based meme coin that offers a great opportunity Slothana (SLOTH) — A sloth-based meme coin that attracted massive attention Cat in a dogs world (MEW) — A cat-based meme coin that emerged to challenge the rule of dog coins #Write2Earn #MemeWatch2024 #BinanceLaunchpool #BTC
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ChatGPT Suggests Top 5 Altcoins Under $0.01 for a $1,000 Investment Electroneum (ETN) The last recommendation in the list is Electroneum (ETN). It boasts a market cap of $53.97 million, ranking it as the 589th-largest cryptocurrency. According to ChatGPT, investors with a $1,000 capital can allocate $100 to ETN. At the current rate of $0.003, one can purchase 333,333 ETN tokens with an investment of $100. Siacoin (SC) ChatGPT highlighted Siacoin as the fourth altcoin under $0.01, which is suitable for an investor with a capital of only $1,000. For the uninitiated, Siacoin is the native token of the prominent blockchain-based cloud storage crypto project Sia. BitTorrent (BTT) Launched in 2001, BitTorrent is a decentralized data-sharing platform. In 2018, Tron acquired BitTorrent, which has since bolstered its decentralization. ChatGPT highlighted BitTorrent’s native token, BTT, as the third altcoin under $0.01 suitable for an investor with a $1,000 capital. Holo (HOT) Holo (HOT) is the second recommendation on ChatGPT’s list of crypto assets under $0.01 for a $1,000 investment. For context, Holo is an ERC-20 token redeemable for the upcoming HoloFuel token, which will be used to pay costs for services within the Holochain. Of the $1,000 capital, ChatGPT recommended that the investor should invest $250 into HOT. #BinanceLaunchpool #bitcoin #MemeWatch2024 #Write2Earn
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$befeRiches await: Experts predict BEFE Coin’s $100 to $200,000 transformation With the cryptocurrency market looking up once again, the memecoin fever is back, and BEFE is in the limelight. While the market can never have enough of these meme tokens (have you seen the Wall Street stocks being traded as memecoins lately?), there are some tokens that can be a good catch this bull season. BEFE’s price prediction is that a $100 investment in the token will yield a $200,000 investment. The prediction may seem far-fetched, but in the world of memecoins, the possibilities are immense, and it is always prudent to examine the token, its dynamics, and the community to gauge the fruition of any prediction. #Write2Earn #BTC
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Shiba Inu’s Shibarium Completes Its Hard Fork, Pepe Traders Flock To New Meme Coin Sensation As meme coins continue to rise, the Shiba Inu (SHIB) Shibarium network completed its hard fork. On the other hand, traders from the Pepe (PEPE) community started looking at a new meme coin – KangaMoon (KANG). Many analysts hint that this Stage 5 presale star may evolve into the next 100x meme coin in 2024. Let’s see why. Shiba Inu Price May Rise After Shibarium Hard Fork Shiba Inu (SHIB) has recently been making waves in the meme coin space. Notably, the L2 solution for Shiba Inu, Shibarium announced it has completed its new hard fork. This hard fork will enable transactions that are “lightning quick” and gas fees that are “reliable.” According to the Shiba Inu team, this hard fork was necessary to tap into its hidden functionality. This development may trigger a rally for this meme coin. Over the past year, the Shiba Inu price surged 130% while its market cap held at $13.40B. Additionally, over 16 technical indicators are flashing buy signals for the Shiba Inu coin. Because of this, experts have made a bullish Shiba Inu price prediction—$0.000035 before Q2 of 2024 ends. Pepe Trading Volume Continues Rising Meanwhile, Pepe (PEPE) is another meme coin showing bullish signs. Now ranked 9th among the top ten cryptocurrencies by trading volume, this meme coin has left XRP in its dust. Pepe’s trading volume increased over $1.4B while XRP’s sat at $1B #SHİB #LearntoEarn #BTC $SHIB
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