This August, the cryptocurrency market experienced a sharp decline that resulted in huge losses for investors around the world. Bitcoin, which has long been considered "digital gold," lost almost 30% of its value in just a few weeks. This decline was also followed by other altcoins such as Ethereum, Binance Coin, and Solana which also fell drastically.

The economic and social impacts of this decline have had a significant impact on many parties. First, Investor losses, many investors, especially those who are new to the crypto world, have experienced huge losses. Some even lost their entire investment. This decline in the value of crypto has also affected the financial market as a whole, with several stocks of companies related to blockchain technology and cryptocurrency also plummeting.

Economic Uncertainty, this decline increases economic uncertainty, making investors more careful in making investment decisions in the future. With the psychological impact on investors, this price drop causes fear and panic among investors, which has an impact on overall market sentiment.

As an anticipatory step, several steps have been taken to respond to this decline, the first is Tighter Regulation. Several countries are starting to consider stricter regulations to regulate cryptocurrency trading in order to protect investors and maintain market stability. Then investor education, the importance of education for investors regarding the risks and volatility of the crypto market is increasingly emphasized to avoid unwanted losses.

Lastly, the most important thing is psychological support, several organizations offer psychological support for investors who are emotionally affected by this decline. Although the current market conditions are unstable, experts remain optimistic that cryptocurrency has significant long-term potential. However, investors are expected to remain careful and always consider the risks before investing.

#MarketDownturn

This August, the cryptocurrency market experienced a sharp decline that resulted in huge losses for investors around the world. Bitcoin, which has long been considered "digital gold," lost almost 30% of its value in just a few weeks. This decline was also followed by other altcoins such as Ethereum, Binance Coin, and Solana which also fell drastically.

The economic and social impacts of this decline have had a significant impact on many parties. First, Investor losses, many investors, especially those who are new to the crypto world, have experienced huge losses. Some even lost their entire investment. This decline in the value of crypto has also affected the financial market as a whole, with several stocks of companies related to blockchain technology and cryptocurrency also plummeting.

Economic Uncertainty, this decline increases economic uncertainty, making investors more careful in making investment decisions in the future. With the psychological impact on investors, this price drop causes fear and panic among investors, which has an impact on overall market sentiment.

As an anticipatory step, several steps have been taken to respond to this decline, the first is Tighter Regulation. Several countries are starting to consider stricter regulations to regulate cryptocurrency trading in order to protect investors and maintain market stability. Then investor education, the importance of education for investors regarding the risks and volatility of the crypto market is increasingly emphasized to avoid unwanted losses.

Lastly, the most important thing is psychological support, several organizations offer psychological support for investors who are emotionally affected by this decline. Although the current market conditions are unstable, experts remain optimistic that cryptocurrency has significant long-term potential. However, investors are expected to remain careful and always consider the risks before investing.

#marketdownturn

My ETH price prediction on 15-08-2024 is $2,692.56

The reasons for my prediction are as follows:
Ethereum has created history with its tremendous influence in the world. The financial system has been revolutionized when Ethereum started to climb. The coin is expected to show a surge in the coming days, but it requires technical understanding to understand it. It is very important for every trader to understand the charts and then invest their hard-earned money.

In this post, you will learn how Ethereum is anticipated to perform in the coming years. Read the technical analysis and everything you need to know about the coin.

Ethereum (ETH) Technical Analysis

As of August 9, 2024, Ethereum price is trading at $2,637.10 with a market cap of $317,054,286,934. The technical chart on the weekly time frame shows that ETH price is developing a bullish reversal pattern called a rounding bottom.

This chart pattern is generally interpreted as the bottom of a downtrend as investors show renewed buying interest. Under the influence of this pattern, buyers should challenge the all-time high resistance at $4,864 and provide better confirmation of a bull run.

that's my eth price prediction .

#CryptoExplorerFiesta #PrediksiHargaETH

The crypto market has experienced significant volatility over the past month. As we enter the second month of the third quarter (Q3) 2024, a number of major developments are anticipated to occur.

This can have a substantial impact on the market and prices of crypto assets. Some of the effects are positive, while others are negative.

Bitcoin Price Ready to Set New ATH Record

Bitcoin is ready to reach an all-time high (ATH) price record. The price currently sits less than 13% below the US$73,800 mark. With strong momentum and positive sentiment surrounding the leading crypto asset, there is a chance that Bitcoin will soon surpass its previous price peak.

The BTC price was sitting at US$62,133 at the time of writing. At the same time, this asset is already in a bullish broadening descending channel pattern. This pattern projects a 21% rally, and while BTC may not rise very far, an ATH breakout could potentially materialize.

My prediction for the price of BTC on 08/08/2024 will be at $69,016

#CryptoExplorerFiesta #PrediksiHargaBTC

Polygon Ready to Transform: MATIC Coin Migration to POL

Polygon (MATIC) is on the verge of a major transformation as it prepares to migrate to its new native coin, POL, starting September 4.

This transition marks a significant moment for Polygon fans and investors, signaling a change in how transactions and staking will operate within Polygon's Proof-of-Stake (PoS) framework.

MATIC Coin Migration to POL

the migration from MATIC to POL will make the latter the primary gas and staking crypto on Polygon's PoS network.

These changes are expected to simplify operations and increase efficiency across the network, offering new opportunities and challenges for coin holders and stakeholders.

In particular, MATIC holders on Ethereum, zkEVM Polygon, and various exchanges, as well as stakers and delegators, need to take action to adapt to the dynamics of this new coin.

The migration to POL is designed to optimize network functionality, reduce transaction costs and increase staking rewards.

This move is expected to deliver a more robust and scalable ecosystem, making Polygon a more competitive player in the blockchain space.

However, this transition also brings its own challenges, especially for existing coin holders who must navigate the coin exchange process.

Price Analysis and Prediction

Currently, MATIC is experiencing a bearish trend in its price movement, with the latest decline placing it at around US$0.5337. This downward trend reflects a decline of 3.80 percent in the last 24 hours, highlighting the cautious market sentiment towards the upcoming transition to POL.

MATIC price is currently near support at US$0.5330, with resistance mapped at US$0.5548. Analysts suggest that a drop below support could pressure prices further, while a rebound may signal a potential recovery.

$MATIC
#MATIC #polygon

😍😍
$MBL#MovieBloc#MBLi#Web3#NFT#Binance#binancesquare#RWA#Investasi#Pendanaan#Independentfilm#filmmakers#DAO#event#Crypto

XRP Price Rises 26 Percent: Speculation of SEC Investigation Closing Heats Up

The price of

This surge created a stir in the crypto community, with investors and analysts watching this development closely.

Bullish Signs on XRP Price

On the weekly chart, the Fisher Indicator shows a very bullish reversal. According to analyst Dark Defender, XRP has managed to break through initial resistance at US$0.4623.

Currently, the coin is testing the interim Fibonacci level of US$0.5286, with experts predicting a strong close above US$0.53 this week. This bullish momentum suggests that XRP could continue to rise.

Next week, there is a strong possibility that XRP will test the second intermediate resistance at US$0.6044. It is important not to underestimate a key fundamental level on XRP, which is trading at US$0.6649. Passing this level could trigger a significant price spike, which analysts call Heaven's Stairway.

This bullish momentum comes amid growing speculation that the US SEC may close their investigation into Ripple, signaling a potentially major regulatory shift.

A move like this could classify XRP as a non-security, representing a major win for Ripple and potentially causing further increases in XRP prices.

Fueling the furor further, US regulators recently held closed-door meetings as part of their regular discussions on key issues.

$XRP #Xrp🔥🔥 #XRPUSDT🚨 #XRPnews

A series of meme coins outperformed Bitcoin (BTC) price performance in the first half (H1) of 2024. This asset class recorded profits of two to three digit percentages.

Bitcoin prices have risen 61% since the 2024 low of US$38,555 recorded on January 23. This price spike occurred amidst broader market optimism. Back then, the crypto industry celebrated the monumental approval of a spot Bitcoin ETF.

List of Best Performing Meme Coins in H1:

as many as four meme coins were able to outperform BTC during the first half of 2024.dogwifhat (WIF), Pepe (PEPE), Floki (FLOKI), and Shiba Inu (SHIB) recorded price increases of 1,300%, 800%, 418%, and 67%. As for the Bitcoin meme coin, namely Dogecoin (DOGE), it was only able to climb 35%. Which means, it failed to surpass the performance of BTC which is up 61% on a year-to-date (YTD) basis.

meme coin was among the top gainers in the crypto market during the first half of 2024. The report reveals changes in investor sentiment as well as market interest as meme coins start to become a bona fide asset class. For your information, VanEck and BitMEX Exchange have launched a tracking index for this sector.

meme coin is a “crypto asset inspired by memes and internet jokes. They have little or no fundamental value.” Interestingly, tokens in this sector thrive and plummet proportionally depending on market sentiment. This shows the strong role of the crypto community.

The reputation of meme coins as an investment option for speculative liquidity positions them to achieve significant gains in 2024. Evidently, this comes during a bullish H1 period for crypto, driven by various positive narratives.

$WIF $PEPE $SHIB

#MemeWatch2024 #memecoin🚀🚀🚀 #Memecoin2024

zkSync (ZK) Market Status

zkSync (ZK) is currently experiencing a significant monthly decline of 24.07%. The market capitalization stands at $817,347,043, positioning it at#80on CoinMarketCap. This drop highlights the recent bearish trend despite the overall interest and investment in zkSync's Layer 2 scaling solution.

The volume to market capitalization ratio reached approximately 98%, indicating that almost the entire market capitalization was traded in a 24-hour period. This high ratio indicates strong market activity and interest in zkSync, often seen in volatile markets. Investors should be aware of the ratio as it reflects token market dynamics and potential price volatility.

The circulating supply of zkSync is 3,675,000,000 ZK, for a total supply of 21,000,000,000 ZK. The difference between circulating supply and total supply indicates the potential for future issuance, which can affect the market value of the token. Overall, zkSync shows strong trading activity and market presence, positioning it as an important player in the crypto space.

zkSync (ZK) Price Analysis: Money Flow Index (LKM)

As a result, the Money Flow Index (MFI) on the 30-minute chart for zkSync (ZK) shows a value of 71.19. This indicates that the market is approaching overbought conditions, indicating that buying pressure has become dominant but may soon face resistance as the market could be considered overvalued at this level.

Additionally, an MFI above 70 usually signals a potential price correction if buyers start to pull back. This indicator, coupled with steady price movement, suggests that while buying momentum is strong, traders should be wary of potential volatility or reversals.

Any significant move above the current level could further strengthen the overbought signal, increasing the likelihood of a pullback. Likewise, a decline in MFI may precede price normalization, aligning them more closely with fundamental market conditions.

$ZK #zkEVM #ZK #zksync

hold lever for 2-4 hours from now..
Those who want to make a lot of money, please...

$LEVER

#Lever #LeverFi #LeverPro #Binance

5 Crypto Coins Have the Potential of 50,000% Profit, So Hurry, Smart Investors

1. Solana (SOL): DeFi Giant with 625% Growth

 

Solana, ranked fifth with a market capitalization of $75.51 billion, is an open-source blockchain project focused on DeFi solutions. Although the price (SOL to IDR) fell 0.89% in the last 24 hours, it is currently $164 with an increase of more than 625% in a year. The increase in total value locked in its DeFi applications further strengthens Solana's position.

2. GameStop (GME): From Stock Phenomenon to Crypto

 

GameStop (GME), which once soared and rocked Wall Street with its short squeeze in 2021, now exists as a cryptocurrency in the Solana ecosystem. At the current price of $0.009878, GME has surged 152% in 24 hours and an astonishing 1,745% in a month. The market capitalization of $67 million and ranking 567th on CoinMarketCap shows that there is still huge growth potential.

3. Polygon (MATIC): Ethereum's savior

Polygon (MATIC) improves Ethereum's scalability and interoperability without changing its structure. With sidechains, MATIC significantly reduces transaction costs. Since launch, the price (MATIC IDR) has jumped 15,436%. Currently, MATIC is trading at $0.7025 with a market cap of $6.96 billion, Polygon (MATIC) ranks 18th on CoinMarketCap.

4. Notcoin (NOT): The Telegram Game That Made Billions.

Originally a viral game on Telegram, Notcoin (NOT) is now ranked 48th on CoinMarketCap with a market capitalization of $2.32 billion, with a market cap of IDR 40,520,832,498,163. There is a circulating supply of 102,719,221,714 NOT coins and a max. supply 102,719,221,714.

5. Immutable (IMX): Ethereum Layer-2 NFT solution

Immutable (IMX) is the leading layer-2 NFT scaling solution on Ethereum, addressing scalability, UX, and market liquidity issues. With a price increase (IMX IDR) of 0.8% to $2.24 and a 175% jump in a year, IMX is predicted to rise up to 50,000%, making it a major player in the NFT space.

$SOL $MATIC $NOT

#polygon #solanainfo #NOT🔥🔥🔥

The Rise of Meme Coin: Shiba Inu (SHIB) and Pepe Coin, Gauging the Potential of Furrever Tokens After PEPE Sets an All-Time High Record

The revival of meme coin was recorded again, after PEPE touched a new ATH and scored a return of 1000 percent in a year. What about SHIB and the opportunities for Furrever Token (FURR) as a new entrant?

The rise of meme coins is marked by various things, one of which is Pepe Coin (PEPE), which recently managed to set a new all-time high (ATH) record. On the other hand, Shiba Inu (SHIB) is increasingly attracting attention because it continues to remain in second place in the global meme coin market according to Coinmarketcap. Meanwhile, there is a new meme coin that is still in the presale stage, namely Furrever Token, which claims to have the potential to achieve high ranking in the challenging meme coin sector.

Meme coins are a special sector in the crypto market that has its own fans. Typically it is a cryptocurrency inspired by memes and popular culture circulating on the Internet, starting from Dogecoin (DOGE) which is inspired by the famous dog Kabosu which is a Shiba Inu breed from Japan to Pepe Coin (PEPE) which carries the theme of the popular character Pepe the Frog by Matt Furie.

$SHIB $PEPE
#MemeWatch2024 #MemecoinWatch2024 #memecoin🚀🚀🚀

Notcoin (NOT) Rises 370%, Breaks into Top 50 Crypto

Notcoin (NOT), a token integrated in the TON blockchain ecosystem, managed to attract the attention of investors with a significant price surge since its launch via airdrop in mid-May 2024.

In the last 24 hours, the price of NOT continued to soar with an increase of up to 43%, reaching a value of US$0.02488 with a trading volume of US$145 million. On a weekly basis, this altcoin recorded an increase of up to 370%, reaching a record high (ATH) of US$0.02836 on June 2.

Field of Profit for NOT Holders

According to data from Lookonchain, a Notcoin whale earned unrealized profits of US$862k from his investment in NOT tokens.

The whale previously invested US$278 thousand to buy 46.4 billion wNOT before the launch of the NOT token. Please note, 1000 wNOT can be exchanged for 1 NOT token.

"On May 21, he exchanged all 46.4 billion wNOT for 46.4 million NOT and held it until now, making a profit of around US$862 thousand," said Lookonchain in a post on X, Monday (3/6/2024).

#NOT🔥🔥🔥 #Notcoinnews #NOTCOINBEST #NOTCOİN
$NOT

Fetch.AI (FET): Building a Decentralized Network for the Online Transactions of the Future

Fetch.AI is an ambitious project that aims to transform the way we conduct online transactions through the application of artificial intelligence and blockchain technology. By building an open-source, distributed machine learning network, Fetch.AI develops solutions to decentralize and simplify digital transactions, promising increased efficiency and a better user experience.

 

Although FET price (FET IDR) is currently at $2.25, with a 1.5% drop in the last 24 hours, its long-term potential cannot be ignored. Fetch.AI has reached 57th place in global market capitalization with a value of nearly $1.9 billion. Even more encouraging, the token has recorded an incredible growth of 710% in the last year, and even 15% in the last month. This impressive performance makes Fetch.AI one of the leading AI - altcoins which is predicted to lead its investors to reach millionaire status by the end of 2024.

$FET
#fetch #Binance #Web3

Get to know Floki Inu Crypto, One of the Biggest Meme Coins in the World

Floki Inu (FLOKI Coin) is a dog-themed meme coin, which calls itself not a meme coin but "a movement". It is a crypto asset born from fans and members of the Shiba Inu (SHIB) community 

The uniqueness of Floki Inu

Floki Inu wants to differentiate itself from other meme coins by combining memes with utility.

The team's long-term vision is to create an autonomous, decentralized ecosystem, including partnership strategies, building utility on the token itself, and developing use cases for the Floki Inu brand through NFTs, gaming, and decentralized finance features.

$FLOKI

#flokibtc #FlokiEcosystem #FLOKI🔥 #FLOKI/USDT