🚀 **Telegram's NFT Boom: A Gamer's Paradise!** 🎮
- **NFT Frenzy:** Telegram users are diving into Web3, with NFT activity skyrocketing by 400% in Q3 2024, says Helika.
- **Wallet Wonderland:** Unique wallets transferring NFTs daily jumped from under 200K in July to over 1M in September.
- **Game On:** Telegram gamers are not just creating wallets but actively buying, sending, and using NFTs.
- **Hamster Kombat Hype:** The viral game, with 300M users, plans to integrate NFTs in its Season 2 this November, teasing players with CEO simulations.
Stay tuned for more NFT adventures! 🚀
🚨 $DIA /USDT COLLAPSES AFTER A SHARP SPIKE – IS A REVERSAL NEAR? 🚨
The DIA/USDT pair is displaying high volatility, making waves with a 22.95% price surge. But beware! After hitting a 24-hour high of 1.2633 USDT, the price dramatically plummeted to 0.9484 USDT, now sitting at 0.9653 USDT.
💡 MARKET SUMMARY: The chart shows that after a failed rally to 1.1750 USDT, DIA has entered a heavy correction phase, finding short-term support at 0.9484 USDT. The momentum seems to be losing strength, with increasing volume suggesting panic sellers entering the market.
💡 CRITICAL Levels to Watch:
Resistance Zone: 1.0202 USDT – A recovery could see DIA test this level, but failing to break above could confirm more downside.
Key Support: 0.9484 USDT – This support is crucial. A break below could trigger a further drop.
⚠️ LONG-TERM OUTLOOK:
Short Signal: If the price fails to reclaim 1.0202 USDT and drops below 0.9484 USDT, expect a bearish breakdown toward 0.7750 USDT. Short positions targeting 0.8500 USDT with stops above 1.0202 USDT are recommended.
🚀 SHORT-TERM OUTLOOK:
Long Signal: A recovery toward 1.0202 USDT could ignite a mini-rally back to 1.1750 USDT. Go long on breakouts above 1.0202 USDT, with a target of 1.1750 USDT, and set a stop-loss at 0.9650 USDT for risk management.
Fantom (FTM) has experienced a notable downturn, losing 3.27% against the US Dollar in the last 24 hours. The cryptocurrency also underperformed against Bitcoin (BTC) and Ethereum (ETH), decreasing by 4.00% and 3.54%, respectively. Despite a 26.27% gain in the past month and a 311.31% increase over the past year, FTM is currently trading 18.74% below its predicted price for October 23, 2024. The market sentiment remains bullish with a Fear & Greed index reading of 73 (Greed), but the overall market conditions suggest caution as FTM trades below key moving averages, indicating potential bearish trends ahead.
Ethereum's Price Consolidation Won't End Soon Amid Mixed Market Signals
✨ Ethereum struggles under $2,800, stuck in a consolidation phase, unable to break key resistance levels.
✨ Optimistic sentiment shown by NUPL reduces chances of sell-off, but CMF signals increasing selling pressure.
✨ $ETH remains in a tight range; breaching $2,700 resistance is crucial for any significant upward momentum.
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Arthur Hayes, Who Sold All His Altcoins Except One, Revealed His Bullish Scenario For Bitcoin!
Arthur Hayes, who recently announced that he sold all of his altcoin positions except one following the tension between Iran and Israel in the Middle East, explained the conditions for Bitcoin's rise.
BitMEX co-founder Arthur Hayes said that Bitcoin prices will rise if rising tensions in the Middle East push up oil and energy prices.
Hayes argued that if Iran enters into a direct conflict with Israel, particularly by targeting its large oil and gas fields, this could lead to a significant increase in oil prices and the BTC price could also increase.
"Oil and energy prices will skyrocket," said Hayes, continuing:
"Bitcoin is energy stored in digital form. What happens to the fiat price of Bitcoin if oil and energy prices go up? It will go up.
At this point, if energy prices go up, Bitcoin will be more valuable."
Hayes finally stated that even if Iran or Israel remove oil from the Middle East market, the Bitcoin blockchain will continue to function and its price will maintain its value against energy and will definitely rise in fiat terms.
Lumia (LUMIA): A Hidden Gem Ready to Explode
How to Easily Multiply Your Portfolio with This Token
In the bustling crypto market, where new projects emerge daily, it's easy to get lost in the noise. However, there's a hidden gem that's quietly gaining momentum, poised to deliver substantial returns. Introducing Lumia (LUMIA), a project that's redefining the possibilities of blockchain technology.
A Modest Token with Massive Potential
Lumia is not just another token; it's a carefully crafted ecosystem designed to revolutionize the way we interact with decentralized applications (dApps). With a focus on user-friendliness, security, and interoperability, Lumia is poised to become a cornerstone of the blockchain world.
Key Features of Lumia
Intuitive Interface: Lumia's user-friendly platform makes it accessible to everyone, regardless of technical expertise.
Unparalleled Security: Built on a robust security infrastructure, Lumia safeguards user data and funds, providing peace of mind in the volatile crypto market.
Interoperability: Lumia's ability to connect with various blockchains fosters collaboration and innovation, unlocking new possibilities for decentralized applications.
A Thriving Ecosystem: Beyond the token itself, Lumia offers a range of tools and features to enhance the user experience, from secure password management to seamless file storage.
The Bull Run is Here
As the crypto market continues to heat up, Lumia is positioned to experience a significant surge in value. With its unique combination of features and a growing community, Lumia is poised to become a top performer in the coming months.
Don't Miss Out
If you're looking to diversify your portfolio and capitalize on the potential of blockchain technology, Lumia is a project you can't afford to ignore. Invest in Lumia today and join the thousands of investors who are already benefiting from its growth.
#Lumia #Lumia #dyor #Orion #TrendingTopic $LUMIA @BuildOnLumia @Orionplay007 @EliteDaily
{spot}(LUMIAUSDT)
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🚀 Crypto Market Overview - October 18th, 2024 🌐
Popcat (SOL) leads the top gainers with +9.81%, followed closely by Dogecoin and Cat in a Dog's World. On the losing side, Maker drops -5.10%, with Injective and THORChain also seeing declines. 📉 The Fear & Greed Index is high at 73, reflecting a strong 'Greed' sentiment. 🟢
🔥 Trending projects include AI Companions, Klaus, and Bitcoin. In today's news, the SEC's Ripple appeal doesn’t challenge XRP’s non-security status, and the UAE is introducing a legal framework for DAOs. 🌍
Stay on top of the latest crypto market movements! 🚀
#CryptoNewss #MarketUpdate #Bitcoin #Altcoins👀🚀 #Blockchain
Just three hour ago, a long-time BTC holder cashed out 199 BTC for $13.55M. This trader originally withdrew 801 BTC ($8.25M) from HTX at $10,297 five years ago and has sold 500 BTC for $32.13M over the past month.
Currently, they hold 301 BTC, valued at $20.42M, with an overall profit of an impressive $44.28M!
Address:
1JA46eiDpfx589wawn5RvtEXgwc518QfhZ
#BTC $BTC
{future}(BTCUSDT)
{future}(BTCUSDT)
Messari Announced! Memecoin Craze Took This Altcoin to a Record!
While the memecoin wind has been blowing in the markets lately, memecoins enabled the popular altcoin Tron to break a record.
According to Messari's report, the new memecoin launch platform SunPump helped Tron reach this record.
Sun Pump led to a massive 487% increase in activity with over 90,000 tokens launched.
This surge brought Tron's Q3 revenue to a record $151.2 million, up 30% from the previous quarter. The vast majority of this revenue came from SunPump, which led to a massive three-month surge in DeFi transactions with over 90,000 tokens released between August 12 and September 30.
"TRON experienced a sharp increase in revenue in Q3, driven by the popularity of SunPump, a token launch platform designed for memecoins. SunPump activity began to increase on August 16 and progressed parabolically over the following two-week period.”
Messari also noted that over 270 million TRON (TRX) tokens were burned between August 16-31, generating approximately $42 million in revenue from burning tokens, equivalent to approximately 27% of Tron's Q3 revenue.
The report stated that the memecoin named SunDog (SUNDOG) was the largest memecoin to emerge from SunPump with a market value of $217 million, and that, apart from SUNDOG, memecoins named Tron Bull (TBULL) and Invest Zone (IVFUN) also reached high transaction volumes.
Finally, it was stated that Tron's average daily transaction number increased by 14.4% to 7.2 million in the third quarter, and the average daily active address number increased by 6% to 2.1 million.
Tron (TRX) continues to trade at $0.159 at the time of writing.
Gasless transactions are now live on @zksync for Venus users, following the integration of the @Zyfi_org paymaster.
All on-chain actions on Venus—including approvals, supplying, withdrawing, borrowing, repaying, and XVS Vault operations—are now free for the Venus community.
To try it out, go to: https://t.co/fQzdxGP9jJ
To read more about this integration, please visit the official Venus documentation: