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I've initiated a long position on PEOPLEUSDT.P with the following details:
### Trade Details:
- **Asset:** PEOPLEUSDT.P - **Entry Range:** Buying between 0.08340 and 0.08440 - **Target Prices:** Aiming for 0.08600 to 0.09300 - **Stop Loss:** Set at 0.08235
### Trade Rationale:
- **Technical Analysis:** Identified a bullish setup with potential for upward movement. - **Entry Strategy:** Buying within the specified range to optimize entry price. - **Target Goals:** Targeting a price range of 0.08600 to 0.09300 for profit-taking. - **Risk Management:** Stop loss set at 0.08235 to manage downside risk.
### Why This Trade?
- **Potential Upside:** Significant upside potential towards the target range. - **Risk-Reward Ratio:** Favorable risk-reward setup with a defined stop loss. - **Market Outlook:** Positive sentiment and technical indicators support the bullish outlook.
### Stay Updated:
I'll keep you updated on the progress of this trade. Remember to manage your risk and trade responsibly.
Floki is a digital meme coin launched by an anonymous developer and later adopted by the Shiba Inu1 community. This coin represents the Floki environmental community and bears the name of Elon Musk's dog, and is part of the meme category that is popular in the cryptocurrency market.
Regarding the analysis of FLOKI coin, the current price of FLOKI coin isย $0.0001932, and its market capitalization is aroundย $1.84B USD2.ย The coin has shown the formation of a rounded bottom pattern in the 4-hour time frame chart, which is a well-known bullish reversal pattern that could intensify the underlying buying momentum3.
It is important to note that meme currencies like Flugy have high price volatility and can be greatly influenced by trends and news in social media. Therefore, investors must be careful and conduct the necessary research before investing in this type of currency.ย Investing in cryptocurrencies carries high risks and should be done after careful consideration and evaluation of the potential risks. ๐
$ETHFI Fam, Level Up Your Liquid Restaking Knowledge! ๐ป๐ช
๐ฃ Calling all ETHFI Hodlers! ๐จโ๐ Ever wondered how ETHFI picks the best security guards for your staked assets? ๐ Look no further than Gauntlet Network's latest article! (link to Gauntlet Network's article in a comment below)
This article dives deep into how platforms like ETHFI choose the most reliable Actively Validated Services (AVSs) within the EigenLayer ecosystem. Think of AVSs as the security guards keeping your staked crypto safe! ๐ช๐ซ
So, what are some key things Gauntlet considers when picking an AVS? ๐ข Reputation & Track Record: A good AVS has a history of keeping things secure. Think of it like a bodyguard with a black belt! ๐ข Slashing Risk: This means how likely it is for the AVS to accidentally lose your staked assets (ouch!). Lower slashing risk is obviously better. ๐ข Yield: Everyone loves juicy returns, right? The framework also considers the potential yield offered by the AVS. After all, you deserve to be rewarded for staking your crypto!
Now, let's talk about ETHFI's choice!๐ค๐ช Currently, #ETHFI puts a lot of trust in EigenDA, the biggest AVS within EigenLayer. But why EigenDA?
There could be a few reasons: ๐ฃ Market Leader: EigenDA is currently the king of the AVS hill, with a massive amount of crypto locked up. This can be attractive to ETHFI because it allows them to tap into a larger pool of potential users. ๐ฃ Security & Trust: Maybe EigenDA has a stellar reputation for keeping things safe. A good security record is essential for any AVS! ๐ฃ Other Factors: There could be other reasons, like a lower slashing risk or even a strategic partnership between ETHFI and EigenDA.
The important takeaway? While ETHFI's choice of EigenDA seems like a good one, it's always a good idea to DYOR. ๐ช
Stay informed, ETHFI fam! The world of Liquid Restaking is exciting, but it's important to be aware of the risks and make informed decisions.๐คท๐ป #ETHETFS #altcoins
Who is coming for Binance Clubhouse? ๐๐ปโโ๏ธ Weโre giving away 10 tickets to Binance Clubhouse Unlocked Breakfast session on 18th April! All youโll need to do is:
1. Comment on this post telling us why you want to attendย 2. Share this post on your social mediaย
Do note that this will only grant you access to the Unlocked Breakfast session on 18th April and does not include flights, accommodation or Token2049 tickets.ย
Activity period: 11 April to 15 April 2024 0900 (UTC)
Terms and conditions:ย
1. Only KYC-verified Binance users will be eligible to participate and qualify for rewards in this activity. 2. Winners will be notified via a push notification under Creator Center > Square Assistant.ย 3. This campaign may not be available in your region. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this campaign, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.
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Invest and Hold Cryptocurrencies:๐ฅ๐ฅ๐ฅ
One of the simplest ways to earn with Crypto Binance is to invest and hold cryptocurrencies, often referred to as "HODLing" in the cryptocurrency community. Hereโs a straightforward guide:๐๐๐
1. Sign up for a Crypto Binance account. 2. Deposit funds into your account. 3. Choose the cryptocurrency you want to invest in. 4. Buy the cryptocurrency and hold onto it. 5. Keep an eye on its value as it rises. 6. Sell the cryptocurrency for a profit.
๐ฅHowever, it's important to remember that investing in cryptocurrencies carries risks. Prices can be highly volatile, with fluctuations happening rapidly.
Binance Launchpad:๐๐๐
Binance Launchpad acts as a platform for introducing new cryptocurrencies. By investing in a new cryptocurrency through Binance Launchpad, you could potentially earn significant returns if the project succeeds.
Binance Futures is proud to announce a new promotion to reward the community!
All new Binance Futures Futures traders and Copy Traders can participate in this promotion to share a total prize pool of 300,000 ENA in token vouchers.
Saga is a Layer 1 protocol that allows developers to automatically start parallel, interoperable dedicated chains "Chainlets" for various virtual machines, bringing unlimited scalability to applications
๐ What are the great features of Saga?
โข The Saga ecosystem already has more than 350 projects, 80% of which are game projects
โข Cooperate with Polygon, Avalanche, MarbleX, Com2uS, Celestia
โข Launch Saga Origins, which is responsible for the distribution of games and provides various services and support
๐ The functions of the Saga mainnet are also great:
โข It consists of a security chain and a platform chain, which keeps the entire network safe
โข Chainlets have unlimited scalability and provide the advantages of cost-free transactions and low fees
๐ฐ The Saga protocol has a lot of financial support:
โข The Saga protocol successfully raised $15 million in funds, and investors include Placeholder, Maven11, Longhash and other institutions
โข $SAGA is the native token of the Saga protocol, with an initial supply of 1 billion, and Binance pool has mined a total of 45 million SAGA, isnโt it super awesome?
$BTC $BNB $SOL #BinanceLaunchpool
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