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1. Binance Pay Campaign

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3. Binance Locked Products

4. Binance Web3 Megadrop

5. Binance Square

6. Binance Trading

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Will Bonk Recover After $10 Million Open Interest Drop? BONK's Open Interest shows that investor confidence has plummeted due to its price decrease. OI decreased from $24 million to $16 million, somewhat rebounding to $17.27 million. OI fell sharply, suggesting pessimistic sentiment despite a positive funding rate favoring long contracts. If investor confidence drops, prices may fall further. BONK is now at $0.00003323, with technical indications suggesting support and resistance levels. BONK Investors Losing Confidence as Open Interest Falls Open Interest shows BONK's price fall is affecting investor confidence. On Saturday, OI declined $8 million from $24 million to $16 million. However, it rose 0.09% to $17.27 million on Sunday. The funding rate is positive, suggesting a majority of long contracts, but the substantial decline in OI shows BONK is bearish. This OI fall might lower prices if investor confidence doesn't recover. Key Points: Open Interest: $8 million down in 48 hours. Open Interest: $16 million, now over 17 million Funding Rate: Positive, favoring lengthy contracts. Open Interest (OI)—What Does It Mean for You? Open Interest (OI) is the number of unsettled derivative contracts like futures and options. It shows asset liquidity and trading activity. A lower OI implies falling market interest, whereas a greater OI shows increased interest. The recent dip in OI from $24 million to $16 million, despite a minor rebound to $17.27 million, suggests diminished investor confidence, which might hurt BONK's price. Bonk Price Forecast The 4-hour chart shows BONK at $0.00003323. The green line represents the pivot point at $0.00003536. Resistance is $0.00003802, $0.00004013, and $0.00004261, whereas support is $0.00003240, $0.00003014, and $0.00002787. Bonk Price Forecast Tradingview: Bonk Price Prediction The 50-day Exponential Moving Average (50 EMA) is $0.00003482, and the Relative Strength Index (RSI) is 39.79, suggesting oversold circumstances. #BONK #altcoins #StartInvestingInCrypto $BONK
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Can PEPE Surpass SHIB To Become No.1 Memecoin 👑 Click Here To Collect FDUSD PEPE is expected to lead the meme coin market in this bull run, potentially reaching a market value of $100 billion—a 100-fold increase. Many investors are buying PEPE regardless of cost, but new leading meme coins could emerge, so staying updated on market trends is crucial. If you missed PEPE, FLOKI might be the next big opportunity. Here are three key reasons: 1. **Linkage Effect**: When PEPE's price rises, FLOKI often follows. FLOKI is poised to break key resistance levels, potentially reaching new highs. 2. **"The People's Cryptocurrency"**: FLOKI, backed by Musk and named after his Shiba Inu, aims to transform the memecoin industry by emphasizing practicality and providing staking services. Despite recent volatility, FLOKI is rising with the market's recovery. 3. **Token Destruction**: FLOKI's community recently destroyed 15.246 billion tokens, reducing circulation and potentially increasing value, signaling confidence in the project. FLOKI's strong performance, ecosystem with over $550 million in TVL, and close linkage with PEPE make it a compelling investment. Don't miss the opportunity in FLOKI. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #PEPE #SHIB #StartInvestingInCrypto
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Shiba Inu News You Might Have Missed This Week This week was full of meme currency developments in the Shiba Inu (SHIB) ecosystem. These events again showed conflicting emotions about Shiba Inu (SHIB), which might fall lower. Shibarium's Total Value Rises Locked DeFiLlama data reveals that Shibarium's layer-2 network TVL increased this week, reaching at $2.45 million on May 30. The Shiba Inu ecosystem is gaining investor trust. It's also good news as Shibarium's TVL dropped after reaching a record $3.9 million in March. This week, the Shibarium network processed 5 million blocks. Since its inception last year, the layer-2 network has seen strong demand and acceptance. Over 4 million transactions and approximately 2 million addresses have been handled by Shibarium. The Shiba Inu team and community worry about the Shibarium network's declining everyday transactions. The network had less than 20,000 daily transactions most of May, except for May 3. The amount of Shiba Inu token burns has also decreased due to this. Shibburn reports a 44% decline in token burns in the last week. After the meme coin's price adjustment, IntoTheBlock estimates that 65 trillion SHIB tokens might be traded. The 65 trillion tokens were acquired for $0.000025–$000027. The wallet addresses that bought Shiba Inu at this range may sell their tokens in fear of a further price drop, driving its price plummeting. Crypto expert said that over 4 trillion SHIB ($103 million) had been transmitted to crypto exchanges in the previous two weeks, putting Shiba Inu under pressure. The transfer of these tokens to exchanges frequently indicates that holders are selling their holdings. Shiba Inu History Highlight Shiba Inu's official X (previously Twitter) account noted that Vitalik Buterin burnt 410 trillion SHIB tokens (nearly half of the meme coin's supply) three years ago. Ryoshi delivered the Ethereum co-founder 500 SHIB tokens, including these torched tokens. Vitalik's action changed the Shiba Inu environment forever. #ETHETFsApproved #SHIB #altcoins $SHIB
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2 Cryptocurrencies to Reach $1 Billion Market Cap in the First Half of 2024 💯 Click Here To Collect BNB As the first half of 2024 approaches, the cryptocurrency market has faced significant sell-offs, impacting many assets. However, some cryptocurrencies show strong growth potential, driven by solid fundamentals and increasing community interest. **Synthetix (SNX)** - Synthetix is a decentralized protocol on Ethereum for issuing and trading synthetic assets. - Current price: $2.93; market cap: $959,783,821. - Recent surge in trading activity, with a 208% increase in derivatives trading volume and a 17.1% rise in open interest. **Notcoin (NOT)** - Initially a reward token for a Telegram game on The Open Network (TON). - Current price: $0.00949; market cap: $957,457,791. - Experienced a 115% rally from May 24 to May 28. - Technical indicators show bullish momentum, with important support levels at $0.0072 and $0.0066 and potential resistance at $0.010. Both cryptocurrencies are poised to reach the $1 billion market cap if market sentiment improves, driven by their unique applications and increasing investor interest. **Disclaimer:** This content is for informational purposes only and not investment advice. Investing involves risk, and you should conduct your own research. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #EarnFreeCrypto2024 #StartInvestingInCrypto
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