FLOKI: Double-Bottom Pattern â Next Big Investment with 20% Surge?
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FLOKI, the fifth-largest meme coin, is experiencing a price surge and bullish breakout despite bearish market sentiment. Letâs dive right in and see if we can make some profit!
A bullish double-bottom pattern has been confirmed for FLOKI. This pattern often signals a potential trend reversal.
Thankfully, FLOKI is now trading above its 200-day Exponential Moving Average (EMA) on the daily timeframe. This is generally seen as a bullish indicator.
Some analysts predict a possible 20% surge to $0.00019 in the coming day. So we better be prepared!
FLOKIâs Open Interest has risen significantly. Itâs up 8% in the last four hours and 18% over the previous 24 hours. This surge in interest could lead to a price surge. If FLOKI reaches $0.000165, about $1.08 million of short positions might be liquidated.
Whales hold 73.47% of the total FLOKI supply. Investors own 13.14%, while retail traders have 13.40%. This concentration of holdings could influence FLOKIâs price movements now and in the future. It all depends on how these numbers will be in a year from now.
Current Price Analysis and Trading Volume
FLOKI is currently trading near $0.000158. Its price surge has been over 2.5% in the last 24 hours. Trading volume has increased by 71% in the same period, which is an amazing feat. This indicates higher trader participation and supports the bullish breakout scenario.
Potential Risks and Considerations for FLOKI
FLOKIâs performance lately looks promising, but we recommend you donât jump to conclusions. Doing so prematurely can mean losses. The market is as volatile as ever, and future crypto regulations might come into play.
#Floki #FlokiInu #Memecoins #CryptoNews #TON $FLOKI $TON $BTC
Investor Nets $200K While Another Loses $1M in Fake MBAPPE Token Scam
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On Thursday, hackers hijacked the Twitter account of French football star Kylian MbappĂ©, using it to promote a fraudulent token named MBAPPE.Â
This incident marks yet another instance of high-profile social media accounts exploited to execute crypto scams. Following the hack, the market value of the MBAPPE token surged briefly before crashing, leaving some investors in profits and others in financial peril.
Within minutes of the promotional tweets, the market cap of the MBAPPE token skyrocketed, reaching tens of millions. However, this spike was short-lived as the tokenâs value plummeted to zero, resulting in significant losses for many investors.
Among those who managed to profit, a user reportedly invested 2 SOL, approximately $286, and sold at the tokenâs peak, securing a remarkable return of around 1,398 SOL, equivalent to $200,000.
Another trader, who frequently invests in meme coins, achieved a 4,330x return by spending 0.2 SOL, around $29, on MBAPPE and selling it just three minutes later for 866.13 SOL, roughly $125,160.
Substantial Losses Amidst Brief Profits
Despite the few who profited, an investor faced severe financial losses as the MBAPPE tokenâs value crashed. A notable example is an investor who created a new wallet to invest 7,156 SOL, worth $1.03 million, into the token.
#MBAPPE #Memecoins #TON #DOGSONBINANCE #BNBChainMemecoins $BTC $ETH $SOL
Exciting Developments in Crypto: Polygon Solves L2 Interoperability Issue, Solanaâs Firedancer Upgrade And Others
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The crypto industry is known for various innovations and moves to provide new solutions and meet the needs of users. Some popular blockchains like Polygon, Solana, NEAR Protocol, and others have some interesting developments that the DeFi Investor mentioned in an X post.
Some Major Developments Within the Crypto Ecosystem
Letâs look at some of these developments and what they aim to achieve:
Fluid DEX
The crypto analyst started by noting that Fluid will launch its Fluid decentralized exchange, which will allow users to borrow funds by using their automated market maker liquidity as collateral. This is aimed at making the use of collateral for DeFi borrowing more efficient.
Next Meme Coin to Explode? Look No Further If You Are Looking for the Next PEPE or POPCAT
Meet PandaWorld, the new meme coin currently selling at discounted presale prices! The project was inspired by the adventures of six panda siblings, utilizing their unique abilities to bring together gaming, staking, and other features.
Show more +
Avalanche and California DMV
The California DMV is using the Avalanche blockchain to digitize millions of car titles. This is showing how useful blockchain can be for real-world applications.
Zero1 Labs and Cypher
Zero1 Labs is also developing Cypher. This will be an AI-focused blockchain that will help with AI model training and protect data privacy. The AI and blockchain industries are two fast-growing industries, and such a solution shows how they can be interconnected in use.
Polygonâs Agglayer
Polygon Network is building Agglayer. The solution will be solving the problems associated with cross-layer-2 (L2) interoperability. This is a major step in improving communication within L2 networks.
#SOLANA #DEFI #Altcoins #CryptoNews #TON $SOL $BTC
URGENT UPDATE REGARDING $DOGS $RARE $MBOX
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DOGS (Dogs)
The 1hr chart shows a bullish trend, with a potential resistance level at $0.0016. If this level is broken, we may see a retest of $0.0017. The macro time frame looks promising, with a potential breakout above the ascending channel. Next targets are $0.0016 (rebound), $0.0018 (breakout), and $0.0020 (bullish). Key levels to watch: support at $0.0014 (strong) and $0.0013 (moderate), resistance at $0.0017 (moderate) and $0.0018 (strong).
RARE (SuperRare)
The 1hr chart indicates a pullback to the $0.175 level, which may act as support. If this level fails, we may see a retest of $0.170. However, the macro time frame still looks bullish, with a golden cross formation on the daily chart. Next targets are $0.180 (rebound), $0.185 (breakout), and $0.190 (bullish). Key levels to watch: support at $0.175 (strong) and $0.170 (moderate), resistance at $0.180 (moderate) and $0.185 (strong).
MBOX(MBOX)
The 1hr chart shows a bullish trend, with a potential resistance level at $0.185. If this level is broken, we may see a retest of $0.190. The macro time frame looks promising, with a potential breakout above the descending channel. Next targets are $0.185 (rebound), $0.195 (breakout), and $0.200 (bullish). Key levels to watch: support at $0.175 (strong) and $0.170 (moderate), resistance at $0.190 (moderate) and $0.195 (strong).
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#TelegramCEO #Write2Earn! #dogs #BinanceLaunchpoolDOGS #BNBChainMemecoins
Powell konuĆmasında, merkez bankasının EylĂŒl ayında faiz oranlarını dĂŒĆĂŒrmeye baĆlayacaÄının neredeyse kesin olduÄunu ima etti. Tarihsel olarak, dĂŒĆen faiz oranları, devlet tahvilleri gibi daha gĂŒvenli yatırımlara kıyasla daha iyi getiri saÄladıkları dĂŒĆĂŒnĂŒldĂŒÄĂŒ için kripto paralara fayda saÄlamıĆtır. Bitcoinâin fiyatı Powellâın yorumlarından sonra baĆlangıçta yĂŒkseldi ancak o zamandan beri tĂŒm bu kazançları sildi.
FxPro analisti Alex Kuptsikevichâe göre, Bitcoinâin fiyatındaki son dĂŒĆĂŒĆ, piyasaların genellikle yavaĆladıÄı AÄustos ayı sonlarında sık görĂŒlen bir durum olan iĆlem hacmi eksikliÄine de baÄlanabilir. Kuptsikevich sabah yayınladıÄı bir araĆtırma notunda, âPiyasa, hafif iĆlem saatlerinde otomatik durdurma emirleri tarafından bĂŒyĂŒk ölĂ§ĂŒde aĆaÄı çekilmiĆ gibi görĂŒnĂŒyorâ dedi ve ekledi:
âBu tĂŒr satıĆlar genellikle kaldıraçlı yatırımcıları dıĆarı iter ama aynı zamanda daha dĂŒĆĂŒk fiyatlardan alım yapmak isteyen uzun vadeli alıcıları da çekebilir.â
DOGS Token Surges by 20%, Outperforming Top 100 Cryptos
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DOGS saw a 20% surge in 24 hours, reaching a $2.37B market cap and $789.9M trading volume.
Launch of DOGS triggers TON blockchain congestion with 20M transactions in 48 hours.
The token gained 17M Telegram subscribers and 3.9M followers on X, as per familiar sources.
The DOGS token has emerged as the leading performer among the top 100 cryptocurrencies, experiencing a significant rise in value. Over the last 24 hours, DOGS has surged by over 20%, positioning itself at the forefront of market gains. The tokenâs price has seen a notable increase of 4.5% in a short period, coupled with a 23.1% rise over a longer duration, reflecting its growing market presence.
Market Performance and Volume Analysis
DOGS boasts approximately $2.37 billion in market capitalization, signaling its substantial influence within the cryptocurrency market. The tokenâs trading volume has reached $789.9 million, indicating high liquidity and active trading.Â
These figures suggest a strong and sustained interest in DOGS among investors, further supported by the visible price movement chart, which displays a significant upward spike followed by minor fluctuations. The surge in price has contributed to the recent volatility, though the overall trend remains positive.
The launch of DOGS had considerable effects on the TON blockchain, causing unexpected congestion and a temporary network outage. The overwhelming demand for the token led to a surge in the on-chain activity, straining the blockchainâs capacity.
On Tuesday night, TONâs official X account reported a disruption in block production due to an âabnormal load,â citing the processing of approximately 20 million transactions within 48 hours.
#DOGS #DOGSONBINANCE #TON #TelegramCEO #CryptoNews $DOGS $TON $BTC
$ONT /USDT
Certainly! Here's a 200-word post on the topic of identifying support and resistance levels in trading:
---
**Understanding Support and Resistance in Trading**
Support and resistance levels are crucial concepts in technical analysis, helping traders make informed decisions. **Support** refers to a price level where an asset tends to find buying interest, preventing it from falling further. It's like a floor that price struggles to break through. Conversely, **resistance** is a price level where selling pressure is strong enough to prevent the price from rising further, acting as a ceiling.
Identifying these levels involves analyzing historical price data. Support is often found at previous lows, where buyers stepped in, while resistance is typically near previous highs, where selling increased. These levels aren't exact numbers but rather zones where price action is likely to react.
Traders use support and resistance to anticipate price movements. For instance, if a stock approaches a known support level, a trader might expect a bounce and consider buying. On the other hand, if the price nears resistance, selling or shorting might be considered.
Breaking through support or resistance can lead to significant price moves. A breach of support could signal a downtrend, while breaking resistance might indicate an upward trend. Thus, understanding these levels is key to crafting effective trading strategies.
---
Let me know if you need any adjustments!#TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole
{spot}(ONTUSDT)
The Gravity Alpha Mainnet, launched by Galxe in June 2024, represents a significant milestone in the evolution of Web3. This new Layer 1 blockchain is designed for omnichain experiences and full-chain abstraction, addressing the growing complexities of cross-chain interactions within the crypto ecosystem. Powered by the Arbitrum Nitro stack, Gravity enables seamless and efficient transaction settlements across multiple blockchains, enhancing both security and user experience.
Key features of the Gravity Alpha Mainnet include its EVM compatibility, high throughput capabilities, and near-instant finality provided by its cutting-edge execution layer, Reth, and consensus algorithm, Jolteon (AptosBFT). Additionally, the platform integrates a robust Proof-of-Stake mechanism driven by G token native staking and re-staking protocols, which contribute to its security and scalability.
The launch of Gravity is part of a phased rollout, with the full Gravity Mainnet expected in Q2 2025. This future development will further extend the capabilities of the platform, including the introduction of re-collateralization features and enhanced support for developers.
For Binance users and investors, the introduction of Gravity is a game-changer, promising a more streamlined and efficient way to interact with the Web3 ecosystem. Stay tuned for more updates as Gravity continues to evolve and shape the future of blockchain technology.
#GravityAlphaMainnet #Gravity #Write2Earn! #TraderRai @Gravity $G
đš Breaking News: Trump's NFT Series 4 Sees Massive Success đš
$BTC $BNB $PEPE đ‎ïžđȘ
{spot}(PEPEUSDT)
{spot}(BNBUSDT)
{spot}(BTCUSDT)
Donald Trump's fourth series of NFT trading cards, "Series 4: The America First Collection," has achieved remarkable sales on the Polygon network, with over 22,000 sales generating $2.17 million in revenue. This latest drop has been highly anticipated, and the numbers reflect the enduring popularity of Trump's brand.
đ„ Key Factors Contributing to Success:
1. *Loyal Supporter Base*: Trump's dedicated fan base has driven demand for the NFTs, with many buyers eager to own a unique piece of his legacy.
2. *Innovative Marketing*: The use of NFTs has allowed Trump to connect with his audience in a new and engaging way, creating a sense of exclusivity and community.
3. *Polygon Network*: The choice of platform has ensured a smooth and efficient user experience, facilitating the high volume of sales.
đ Noteworthy Details:
1. *Non-Tradable Until 2025*: Despite the NFTs being locked until January 31, 2025, buyers are willing to hold onto them, anticipating their value to increase over time.
2. *Revenue Generation*: The $2.17 million revenue demonstrates the potential of NFTs as a new revenue stream for public figures and brands.
This success highlights the power of NFTs in creating engaging experiences and fostering community. As the NFT market continues to evolve, we can expect to see more innovative uses of this technology, including new applications in politics, entertainment, and beyond. Stay tuned for further developments! đ
đ Telegram CEO Pavel Durov's quick release on bail has Polymarket bettors scratching their heads! đ€ French authorities released Durov on Aug. 28 after he posted a $5.6M bond, surprising many who bet on a longer detention. Bettors missed out on $270,000, with the odds initially favoring a release before October.
Kudos to user Champ, who correctly predicted Durov's August release, pocketing a cool $26,138! đ°
What do you think about Durov's legal saga? Drop your thoughts below! đ #CryptoNews #Blockchain #Polymarket #Telegram
đ±đšMbappe X account was hacked: Hacker earned 200 thousand dollars from fake tokensâ ïž
Kylian #Mbappe , who transferred to Real Madrid at the beginning of the season, had his X account hacked. Hackers also released a token on MBAPPE that had nothing to do with the player. A person spent 2 SOL on the token and earned 1398 SOL worth $200,000 in a few hours. The token was later deleted.
Real Madrid's world-famous football player Kylian Mbappe's X account was hacked. A token called MBAPPE was also announced on the account. The market value of the released token reached worldwide in minutes and then returned to zero. The token was deleted. Mbappe later got his account back.
He earned $200,000 The hacker himself or an account known to belong to the group earned $200,000 in a short time. This person or persons who invested 2 SOL worth approximately $285 for the MBAPPE token registered on the Solana network, made a big profit with 1398 SOL worth approximately $200 thousand.
There is also a loss of 1 million units Another person bought 1 million units of the same token. This person who spent 7156 #SOL for the MBAPPE token lost most of his money in a draw with the decrease of approximately 1 starting price.
The year 2024 continues to be recorded as the year of meme coins, Solana-based meme coins also attracted great attention. While WIF, BONK and BOME are at the top of these, thousands of tokens have been issued on the Solana network.
#altcoins #binance
**News Flash: Telegram CEO Arrest Sparks Global Privacy Concerns**
French prosecutors have indicted Telegram CEO Pavel Durov on charges including drug trafficking and complicity in child pornography. Durov, who faces a âŹ5 million bail and travel restrictions, has ignited a global debate on privacy and governmental overreach.
This incident raises questions about the responsibilities of tech CEOs in managing user data and the balance between privacy and law enforcement. Similar challenges have been faced by major tech firms like Meta, Google, Apple, Amazon, and Microsoft, all of which handle sensitive user information and navigate complex legal landscapes regarding data requests from governments.
Donald Trump releases "Series 4: The America First Collection" #NFT trading cards on Aug 27.
In 24 hours, over 22,000 sales on @0xPolygon totaled $2.17M, but only 6% of the 360,000 possible NFTs have been minted.
Trading on secondary markets is locked until Jan 31, 2025.
#donaldtrump #DonaldTrumpNFT #trump #TrendingTopic
$SHIB $FLOKI
**URGENT ALERT: IT'S TIME TO FACE THE FACTS AND CUT YOUR LOSSES**
[Give me VOTE and follow Ayera Queen đđ](https://app.binance.com/uni-qr/cpro/Square-Creator-aad516798824?l=en&r=908662770&uc=app_square_share_link&us=copylink)
Investing and trading can be tough, especially when it comes to admitting your losses. On Binance Square, I often see posts telling people to "Hold on! This crypto will bounce back! Just wait, itâll rise again!"âespecially for popular tokens like $SHIB and $FLOKI.
But here's the hard truth: you need to stop listening to those who say you should hold onto your investments forever. These people donât have any more insight than you do. Theyâre often trying to convince themselves that their investments arenât doomed because they bought into these cryptos during hype and are now dealing with the fallout.
The idea that "If I havenât sold, I havenât lost" is a dangerous myth. If you realize one of your investments is failing and likely to keep dropping, itâs not smart to hold onto it just because you're already at a loss. The market is full of new opportunities, and clinging to a sinking asset can make you miss out on better ones.
Think of it this way: if you own a property that gives you a 10% return each year, but someone offers you another property with a 30% return, would you refuse the new opportunity just because your current investment isn't doing well? Holding onto a bad investment out of pride is not only unproductive, but it also means you could miss out on bigger gains. Admit your mistake, learn from it, and move on.
This is just my opinion. Thank you for reading. If you found this advice useful, please like, comment, and share this post. Your support helps me continue educating others about the crypto market. Tips are also appreciated as they help sustain these efforts. Many thanks to those who contribute.#shiba⥠#FLOKISKYROCKET