Price Analysis 9/4: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Weakness in US stock markets led to a decline in crypto markets on September 3. Selling in crypto markets continued on September 4, but the one positive is that the lows are attracting buyers. Trading firm QCP Capital told Telegram channel subscribers that Bitcoin (BTC) and Ether (ETH) could enter a period of high volatility. $XRP Many analysts believe that the expected interest rate cut by the US Federal Reserve on September 18 will be positive for risk assets. However, Bitfinex analysts have a different view, expecting Bitcoin to fall between 15% and 20% after the price cuts. In a note on September 2, they said that Bitcoin could be anywhere between $40,000 and $50,000.
Bitcoin price estimation on October 31 depends on many variables, but I will try to provide an estimate based on current trends and general expectations.
1. **Current Market Trends**: Bitcoin has seen significant increases over the past years, and these increases are often followed by corrections. If the upward trends continue, the price by the end of October 2024 could range between **$30,000 and $50,000**.
2. **Technological and Regulatory Developments**: If major countries continue to adopt cryptocurrencies and provide a supportive regulatory framework, this could boost demand for Bitcoin and push the price towards the upper end of the mentioned range, and perhaps higher. On the other hand, if there are strict regulations or negative developments, this could lead to a price decline.
3. **Global Economic Influences**: Any global economic deterioration or escalation of geopolitical crises could push investors towards safe assets such as Bitcoin, which could push the price higher.
Based on these factors and potential fluctuations, the price on **October 31, 2024** can be estimated to be in the range of **$40,000 to $60,000**, keeping in mind that this is an estimate based on current conditions and may change if new factors emerge. $BTC #BinanceBlockchainWeek
$SUI Based on current data, estimates about the price of SUI next week can be influenced by several factors:
1. **Technical Analysis**: Technical analysis can indicate short-term trends based on historical price patterns. Indicators such as moving averages and support and resistance levels can provide some indications about potential future movements.
2. **News and Developments**: News related to network updates, new partnerships, or technical issues can significantly impact the price of the coin. Following news and updates about SUI can give an idea of āāthe potential direction.
3. **General Market Trend**: The price movements of other cryptocurrencies and the overall market trend can also affect the price of SUI.
It is important to make investment decisions based on careful analysis and continuous monitoring of the markets, and also to be aware of the risks associated with investing in cryptocurrencies.
$COTI **COTI** (Currency of the Internet) is a project focused on providing decentralized payment solutions that improve the speed, cost, and security of digital payments. Founded in 2017, the project is built on DAG (Directed Acyclic Graph) technology instead of traditional blockchain technology, allowing thousands of transactions per second with low fees.
### Key Features of COTI: 1. **Technology**: COTI is based on the DAG structure that enables high scalability and fast transaction processing, as the system can process more than 100,000 transactions per second.
2. **Ecosystem**: COTI is not just a digital currency, but an integrated ecosystem that includes a digital wallet, a payment platform, and a stability protocol that enables the issuance of stablecoins.
### Uses: - **Digital Payment**: COTI can be used as an effective payment solution on e-commerce platforms.
### Market Outlook: With its robust infrastructure and focus on digital payment solutions, COTI is expected to remain well positioned for future growth, especially as digital payment technologies increase adoption globally.
$RSR **Reserve Rights Token (RSR)** is the token used in the **Reserve Protocol** system, a project that aims to create a stable digital currency backed by various assets. RSR plays a dual role within the system: first, as a currency to stabilize the price of the stablecoin (RSV), and second, as a governance token that allows users to participate in system decisions.
### Key Features: - **Stability**: The primary goal of RSR is to support the stability of RSV by allowing RSR holders to buy and sell the currency on the market to stabilize prices. - **Decentralization**: In the long term, the project aims to completely transfer the management of the system to RSR holders, meaning that the community will decide future policies.
### Uses of RSR: - **Governance**: RSR holders can vote on system improvement proposals. - **Speculation**: The value of RSR can increase as RSV usage and adoption of the system as a whole increase.
### Market Predictions: The price of RSR can be affected by various factors such as system updates, project developments, and competition in the stablecoin market. Although the coin has experienced volatility in the past, the continued development of the system and the increasing adoption of stablecoins may push the price higher in the long run.
If you want to follow the coinās price developments and predictions, you can check out cryptocurrency analysis platforms such as CoinMarketCap or CoinGecko.
$PEPE PEPE coin price prediction for the next week indicates that the price fluctuations are likely to continue, as it is greatly influenced by supply and demand in the market. Currently, the price of the coin is hovering around $0.00000837 with expectations that the price will range between $0.0000055 and $0.00001273 until the end of 2024.
The next weekās predictions may indicate small price fluctuations due to the ongoing selling pressure and some investors who may re-enter the market. If interest in the coin continues and the supportive communities remain active, the price could see a slight increase. However, it may be difficult to expect a strong movement without new fundamental factors supporting the coin.
It is important to follow the news and developments about the coin to more accurately predict its movement in the short term #MarketDownturn
As LayerZero gains payments, will ZRO price take a bullish break?
LayerZero has grown significantly, with the number of users exceeding 55,000, and the number of active messages reaching over 13,000. Optimism leads the list with 2,228 messages, followed by Arbitrum with 1,920, and Polygon with 1,663. The top source chains include Arbitrum, BNB, and Polygon, while Arbitrum, Polygon, and BNB lead the way as the main destinations. Also, Avalanche and Status are competing strongly with BNB.
ZRO price is showing stability, struggling to recover after a 48% drop, with a bounce from the $2,880 support. Despite the priceās attempt to rise, it remains in a sideways range between $3.23 and $3.665. Currently, the Relative Strength Index (RSI) is indicating a possible upward move, while the MACD is showing a continuation of the downtrend.
The main question is whether ZRO price will break the $4.228 barrier upwards or will decline below the support level at $2.880.
Web3 gaming continues to evolve, with tap-to-earn games emerging as a dynamic genre that combines easy gameplay with the opportunity to earn cryptocurrencies. These games arenāt just about tapping on a screen; theyāre immersing you in fantasy worlds where player actions lead to real-world rewards. Whether youāre tapping hamsters, managing robots, or running a virtual cat cafe, these games offer a fun way to earn while you play.
Here are the best games to try in 2024:
1. **TapCGPT**: A game that combines resource management and AI development, where players can win over $1 million in CGPT rewards.
2. **Notcoin**: A game that lets players earn NOT tokens by participating in Web3 projects and completing in-game tasks.
3. **Hamster Kombat**: A game that focuses on building a virtual business by tapping digital hamsters and winning HMSTR coins.
4. **Catizen AI**: A game where you run a virtual cat cafe with a withdrawal mechanic that adds a strategic aspect to the gameplay.
5. **Yescoin**: A simple game that allows players to earn crypto rewards by withdrawing coins on the screen.
'Anchored Coins' warns of potential problems for AEUR amid Flowbank collapse
#AEUR $AEUR The stablecoin issuer said there could be a risk to AEUR holders due to the bankruptcy of FlowBank in June. Flowbankās bankruptcy could have repercussions for the stablecoin AEUR, after the digital asset company said it had āallocated a portion of its reserves as collateralā to the Swiss bank. In a notice posted on its website, Anchored Coins said that while the bank guarantee issued by Flow Bank had not been terminated, the AEUR collateral was part of the bankās property āwithout any lien.ā
Notcoin (NOT) Launches Story-Driven Telegram Game as Analysts Reveal Best Pre-Airdrop Happening Now
$NOT Notcoin (NOT) has unveiled an exciting new story-driven Telegram game in collaboration with social venture team TON Lost Dogs Co and NFT trading platform Getgems. The latest project builds on Notcoinās previous success as a pioneer of the click-to-earn model, capturing the attention of 35 million players. The gameās popularity led to a massive $1 billion airdrop on the TON blockchain, cementing Notcoinās place in crypto gaming.
As Notcoin continues to innovate with its new game, investors are increasingly turning their attention to MoonBag (MBAG), the best crypto pre-sale. The MoonBag presale offers exceptional opportunities for high returns, with features like an impressive 88% APY on Imad and a lucrative referral program, making it a great option for those looking to maximize their investments in the crypto space.
Notcoin Jumps 15% in 2 Hours After Dogs Token Listing
$NOT Notcoin has been making headlines with an impressive 15% surge in just two hours, currently trading at $0.01257. This surge boosts its market cap to $1.28 billion, with a robust 24-hour trading volume of $223.62 million. Over the past day, Notcoin's value has risen by nearly 14%, sparking excitement across the crypto community.
TON Foundation Alumni Just Launched a New $40 Million Venture Firm Ian Wittkopp and Inal Kardan, two former members of the TON Foundation, have unveiled their venture capital firm, TON Ventures. The duo launched the for-profit firm with a notable $40 million in inaugural fund.
Wittkopp served as the director of the TON Foundationās TON Accelerator, while Kardan served as the game lead. The former alumni intend to invest in startups building on the open network, the TON blockchain.
Wittkopp Tight on Investors
According to the Block, the $40 million fund could be expanded if more partners join. Speaking about the funding, Wittkopp explained that it took some time to raise it in an informal setting. They had to be patient with the process because they needed conviction to start independently. The former TON Accelerator director said the $40 million goal was reached about a month ago.
The cryptocurrency market is witnessing notable signs of a potential altcoin rally. Bitcoin (BTC) dominance has peaked at 57.67%, indicating a potential cycle peak, raising expectations for an imminent altcoin season. Investors are increasingly focusing on high-volume altcoins as this anticipated season approaches.
Notcoin Teams Up With NFTs to Launch Story-Driven Web3 Game
$NOT In 2024, Notcoin, a simple clicker game, gained significant attention in the web3 gaming space. Although the game was initially met with modest expectations, it quickly gained a huge following, with millions of players joining within just a month of its launch. Its success, built on its straightforward gameplay, highlighted an unexpected demand for such experiences in the crypto gaming world. Notcoinās rapid rise is particularly notable given its platform ā Telegram. Telegram is primarily known as a popular messaging app within the crypto community, and has not been widely viewed as a gaming platform. However, Notcoinās success on Telegram suggests that there is potential for more crypto games to flourish on the platform. This has led to increased interest in Telegram-based games, as investors are keen to explore new opportunities in this emerging market.
$NOT Technology Innovation Institute Leads a New Revolution in the Field of Artificial Intelligence Linguistic Artificial Intelligence The Technology Innovation Institute, the research arm of the Advanced Technology Research Council in Abu Dhabi, has announced the launch of its latest achievement in the field of generative artificial intelligence, the Falcon Mamba (7P) large language model. This model represents a quantum leap in the field of large open-source language models, outperforming its peers in performance and efficiency, according to the latest global rankings. In doing so, the Institute strengthens its leading position in the development of advanced artificial intelligence technologies and provides valuable tools for the scientific and technical community alike. In this regard, His Excellency Faisal Al Bannai, Secretary General of the Advanced Technology Research Council and Advisor for Strategic Research and Advanced Technology to the President of the United Arab Emirates, commented: āThe Falcon Mamba (7P) model represents the fourth consecutive AI model launched by the Technology Innovation Institute, which strengthens Abu Dhabiās position as a global hub for research and development in the field of artificial intelligence, and this achievement highlights the UAEās unwavering commitment to innovation.ā
$NOT Most Searched Cryptocurrencies: Investors Focus on Toncoin (TON), BlastUP (BLASTUP), and Notcoin (NOT)
Investors are focusing on several popular cryptocurrencies that show potential for significant growth. This article delves into the growing interest around Toncoin, BlastUP, and Notcoin. These digital assets are lighting up search engines, indicating burgeoning opportunities. Keep an eye out for coins that could be on the cusp of a major breakout.
Tether to Double Its Workforce to 200 by Mid-2025: Report
$SOL The worldās largest stablecoin issuer, Tether, is reportedly planning to double the size of its workforce by mid-2025, with a particular focus on its compliance team.
The plan will see the stablecoin issuer increase its staff. USDT tickers down $1.00 Tether Holdings Ltd., to about 200 people, Chief Executive Officer Paolo Ardoino told Bloomberg in an interview on Aug. 8, saying: