After a remarkable 500% rally in 2024, XRP has entered a consolidation phase, sparking intense speculation. With the Ripple token hovering around $2.5, just shy of its all-time high (ATH), investors are eagerly anticipating its next move.

$XRP tumultuous past, marked by a prolonged SEC vs. Ripple battle, makes its current resurgence even more remarkable. Having achieved its ATH of $3.85 in January 2018, the token is now poised for a potential breakout.

A surge to $3 could trigger an unprecedented wave of short liquidations, with traders who have been waiting for this moment for years poised to reap heavy profits. However, those hoping for further gains will likely incur losses, as approximately $320 million worth of shorts would be liquidated.

#pengu #vana

Shiba Inu's price has taken a hit, dropping over 10% today and 22% in the last week. This decline is largely attributed to early SHIB whales cashing out their profits in meme coins, including Shiba Inu.

According to on-chain data, there's been an 83% decline in $SHIB whale transactions exceeding $100,000 between December 9 and December 18. This significant decrease in whale activity has reduced market liquidity and weakened investor confidence, potentially leading to further sell-offs and price corrections.

The current price of Shiba Inu is around $0.0000241, with immediate resistance at $0.00002874 and support at $0.00002561. If SHIB fails to hold above this support level, it may trigger further sell-offs, potentially driving the price down to $0.00002200.

7 days ago, the crypto market was on a high, with many investors feeling euphoric. However, as we've seen time and time again, sentiment in the crypto market can shift rapidly.

Fast forward to today, and we're seeing a different story. The market has taken a downturn, with many coins experiencing significant losses.

Today's market update:

Top losers: $BTC (-5%), $ETH (-7%), $LTC (-10%)
Top gainers: $FARTCOIN (+22.28%), $GEAR (+31.6%), $AIXBT (+17.31%)
High-volume coins: $LDO, $AAVE , $EIGEN

The rapid shift in sentiment is a reminder of the crypto market's volatility. As investors, it's essential to stay informed, adapt to changing market conditions, and make informed decisions to manage risk.

#BTC

Several alt coins have shown significant gains in the market today:

$FARTCOIN: 22.28% surge
$GEAR: 31.6% increase
$AIXBT: 17.31% gain
$BGB: 13.17% rise

These gains are a positive sign for the alt coin market. Let's keep an eye on how these coins perform in the coming days.

$VANA $VELODROME $1000CAT

Today's Market Trending Coins (December 18, 2024)

As promised, I'm excited to share today's market updates with you.

Top gainers include $FARTCOIN with a 22.28% surge, $GEAR with a 31.6% increase, $AIXBT with a 17.31% gain, and $BGB with a 13.17% rise.

The following coins have seen high trading volumes: $LDO (Lido DAO), $AAUVE (Aave), and $EIGEN (EigenLayer).

The top 5 trending coins on Binance are currently $USUAL , $UTK , $VELODROME , and $UTK

Hyperliquid is a decentralized finance like $UNI , $1NCH, $JUP and other DeFi platforms on $ETH and $SOL network. This is the ideal time to benefit from the candybomb event to earn HYPE airdrops when users deposit and trade on Bitget.

According to recent market data, $BTC current price is $104,575.13, with a 2.71% decrease, while $ETH current price is $3,859.06, with a 3.67% decrease. Meanwhile, El Salvador's Central Reserve Bank has granted Bitget a Bitcoin Service Provider (BSP) license. This license allows Bitget to provide Bitcoin-related services in the country. The development comes as El Salvador's Bitcoin holdings have reportedly generated a significant unrealized profit.

These are the list of top 5 trending coins in the past 24 hours.

$XMR
$VELODROME
$FARTCOIN
$ZENT

Solana NFTs have reached new heights with the creation of tokens. A notable milestone is the recent launch of $PENGU meme token, marking a significant achievement in the Solana NFT space. Meanwhile Nifty Island is a free-to-play social game world where players can build and customize their own islands, play games with friends, and integrate their #NFTs . Bitget is offering its users a unique opportunity to participate in the $ISLAND airdrop. By locking their $BTC BTC through PoolX event, users can receive a share of the airdrop.

Pudgy Penguins' token, $PENGU , is gaining attention in the crypto market. Initially an NFT project, PENGU has seen remarkable 100x growth since 2022.

Impressive growth among animal-themed meme coins like $PNUT , $MOG, $WIF and $POPCAT. Pudgy Penguins community is highly influential in the crypto space.

Among the top gainers for today is $PENGU
which surge +629.88%, $SDEX +35.60%, $AURORA +25.42% , $ZRC +17.59% and the least which is $RON +12.02%

The cryptocurrency market is showing bullish momentum as $BTC  surge 2.45%. Major altcoins have posted gains of 3% to 6% over the past 24 hours, with $RWA at 27.33% , $HYPE at 5.8% $XRP  is up by 7.34%, while $TRX  has seen a 3.57% increase.

Fuel Network, a modular execution layer, boosts blockchain scalability and efficiency with fraud-proof mechanisms and parallelization. Now, users can access Fuel through Bitget's newly launched LaunchX platform, which streamlines token distribution and offers an efficient gateway for supporting innovative web3 projects.
#BTC $BNB

they are not joking

Good morning!!

MicroStrategy is doubling down on Bitcoin!

They've just acquired 15,350 BTC for $1.5 billion, averaging $100,386 per Bitcoin.

When conviction meets financial muscle, history is made!

#Bitcoin #CryptoNews $BTC

WHY DOES IT FEELS LIKE THE MARKET IS ALWAYS AGAINST YOU ?

You buy, and the price drops. You sell, and it surges. It's frustrating, but it's not just bad luck.

There are a few key factors at play here. First, there's the herd mentality. When everyone's excited about a particular stock or cryptocurrency, the price tends to rise. And when everyone's panicking, it falls.

Then there's market volatility. Cryptocurrencies, in particular, are known for their wild price swings. Even experienced traders can't always predict what's going to happen next.

Finally, there are the big players – institutions, bots, and hedge funds. They've got advanced tools and algorithms that help them stay one step ahead of the game. They can track crowd behavior and make trades that take advantage of emotional decisions.

So, what can you do to avoid getting caught up in all this? The key is to break free from the herd mentality and focus on your own strategy.

Here are a few tips:

- Take a step back and breathe. It's easy to get caught up in the excitement or panic of the moment, but it's essential to keep a clear head.
- Stick to your plan. Don't get caught up in chasing trends or making impulsive decisions.
- Know when to take a break. If the market is getting too chaotic, it's okay to step away and come back when things have calmed down.

Remember, the market rewards those who can keep their cool. Stay focused, stay disciplined, and trust your strategy.
$BTC $SOL $VANA

$BTC  has broken out from an ascending triangle, confirming a classic bullish continuation pattern. This technical development sets the stage for a strong upward move. $BTC  may continue its ascent from current levels. A potential retest of the breakout zone could validate the move, attracting more buyers.

I won't mind if you share me a good spot calls

good one.
thanks for quoting.

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