PancakeSwap plans v4 update following $836B trading volume milestone
PancakeSwap announces its v4 update to improve liquidity provision, interoperability, and scalability, aiming to resolve AMM shortcomings.
Decentralized exchange PancakeSwap has reported $836 billion in cumulative trading volume and a total value locked (TVL) of about $1.72 billion in four years of operation.Â
PancakeSwap held about $1.72 billion in total value locked as of Sept. 20, which has decreased over the years, from an all-time high of $7.16 billion on May 4, 2021, according to DefiLlama. On March 30, PancakeSwapâs TVL was about $2.42 billion and has been dropping since.
The exchange, which operates on an automated market maker (AMM) model, said it serves over 43 million cumulative unique addresses.Â
PancakeSwap v4 update to tackle automated market maker shortcomingsÂ
PancakeSwap announced it will release PancakeSwap v4, a major update expected to enhance user experience and scalability. v4 aims to build on PancakeSwapâs foundation with liquidity provision and interoperability improvements.Â
Speaking to Cointelegraph, Chef Kids, head of PancakeSwap, explained:
âWith PancakeSwap v4, we aim to tackle major shortcomings in existing automated market makers, inflexible pricing models, limited trading features compared to centralized exchanges, impermanent loss for liquidity providers, and high on-chain gas fees.â
Traders are expected to benefit from dynamic fee tiers, advanced trading tools, and reduced gas fees, improving their overall experience and lowering trading costs, Kids said.
$BTC
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#DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #Write2Earn!
đ Big news in the crypto world! The Artificial Superintelligence (ASI) Alliance is considering adding Cudos to its team, aiming to boost its computing power for AI development. đ§ đĄ
**Key Points:**
- Voting is open until Sept. 24 to decide if Cudos (CUDOS) will join the ASI Alliance.
- Current members include SingularityNET, Ocean Protocol, and Fetch.ai.
- The merger could bring $200 million in computing hardware, scaling the alliance's mission for humanlike AI.
**Why It Matters:**
- This could be a game-changer for decentralized AI, potentially outsmarting Big Tech.
What do you think? Will Cudos make the cut? Share your thoughts below! âŹïž
**News Flash: ASI Alliance Eyes Cudos Merger to Boost AI Power**
The Artificial Superintelligence (ASI) Alliance is looking to expand its computing power by potentially merging with cloud computing and blockchain platform Cudos. Voting on this merger, which began on September 19 and ends on September 24, allows the community to decide on integrating Cudos' native token, CUDOS, into the alliance.
Key members of the ASI Alliance, including SingularityNET, Ocean Protocol, and Fetch.ai, believe this move could add $200 million in computing hardware. Despite this, the alliance still trails behind giants like OpenAI, which uses around $1 billion in computing power for its GPT-4 model.
SingularityNET CEO Ben Goertzel remains optimistic, highlighting Cudos' NuNet as a solution to scale computing power by leveraging devices globally. He believes decentralized AI initiatives can outperform Big Tech, offering smarter solutions through collective innovation.
"Trade Like a Pro: The Magic of Mental Rehearsal!
Mental rehearsal is a super powerful tool for optimizing your trading performance.
I've used this with numerous traders and they are always surprised just how much of a positive impact it can have!
What Is Mental Rehearsal?
You mentally rehearse everything that could happen during your trading day and practice dealing with it in the way you want.
So when you do come to the charts you are prepared for whatever happens because you have already rehearsed everything.
It's kind of like an actor rehearsing their lines for a play.
There are a lot of high performers who have used this technique to outperform their competitors.
Top-notch performers such as:
Kobe Bryant, Conor McGregor, and Arnold Schwarzenegger
Have all sworn by this method as a key to their success!
The Research Behind It:
Neuroscience suggests that when you vividly imagine performing an action, the same brain regions responsible for executing that action are activated.
It's linked to the brain's mirror neuron system, which fires both when you perform an action and when you observe or imagine that action.
When you repeatedly visualize a specific activity, it strengthens the neural pathways associated with that activity, making your brain more adept at performing it.
So let's get into how to do it.
1) Find a quiet place:
Find a quiet and distraction-free place where you can focus.
2) Relax your mind and body:
Take a few deep breaths and relax your mind and body. Release any tension or stress from your body and clear your mind.
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$IO /USDT
Spot resistance refers to the level in technical analysis where an asset's price faces a challenge to continue rising, often encountering selling pressure. Traders and investors closely monitor these levels as indicators of potential price reversals or pauses in upward trends. When an asset reaches a resistance level, it indicates that the market views this price as overvalued, prompting many to sell their positions. As a result, the price struggles to move higher and may begin to reverse direction.
Spotting resistance is crucial in trading, as it helps traders make informed decisions. By identifying resistance levels on a price chart, traders can set exit points to lock in profits or place stop-loss orders to limit losses if the asset's price falls after hitting resistance. Moreover, when the resistance level is broken, it may signal a new upward trend, often resulting in increased buying activity as confidence grows.
However, resistance levels aren't always permanent. Strong market momentum, news events, or positive fundamentals can push prices above resistance, leading to a breakout. Knowing how to spot and react to resistance levels can significantly improve trading strategies, allowing for better timing in both entry and exit positions.
#DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #FOMC #NeiroOnBinance
The #Ethereum Foundation sold 300 $ETH , worth about $760,000, at an average price of $2,543.
Since the beginning of September, the #Ethereum Foundation has sold 950 $ETH ($2.27 million) at an average price of $2,392, with a sale every 4-7 days. #Crypto
$DODO price analysis whatâs next??? BUY OR SELL đšâïž
The chart highlights a significant change as the price bounced off a crucial demand zone around $0.10, marked by the grey area. This area acted as a strong support level where buying pressure increased, leading to a reversal. As the price moved up, it broke through several equal highs (EQH), which are usually areas of resistance and liquidity. Breaking above these levels suggests a shift in market sentiment with buyers now in control.
The most recent price action shows a strong upward move, indicating a potential breakout and trend reversal. This surge past the EQH levels suggests that the market has taken out key resistance zones, triggering stop-loss orders and fueling further buying The current level of around $0.1423 could serve as a staging point for further gains if the bullish momentum continues.
Looking forward, the immediate target for the price could be around the $0.15 level, which serves as a psychological resistance and potential area for profit-taking If the price manages to hold above the previous resistance now turned support, it could signal the continuation of the upward trend. However, traders should be cautious of potential pullbacks as the market tests these new highs.
Overall, the chart suggests a bullish outlook in the short term, with the possibility of further gains if current momentum is maintained. The previous demand zone remains a key level to watch in case of any retracements.
#DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #FOMC #NeiroOnBinance
Why Is the Crypto Market Up Today?
âš The total crypto market cap surged by $64 billion, reaching $2.14 trillion, with $2.18 trillion as the next key resistance level.
âš $BTC rose 3% to $63,562, aiming to breach $65,292, but risks falling back to $61,725 if momentum falters.
âš $CORE surged 14.5%, nearing $1.110 resistance. A breakout could target $1.254, but failure risks invalidating the bullish outlook.
(Don't forget to BOOKMARK for later)
đš RED ALERT! $ETH /USDT â RETEST COMPLETED! â ïž MAJOR MOVE INCOMING! â ïž
$ETH has completed a critical retest, setting the stage for an explosive breakout! đ„ Traders, brace yourselves â the next big move could happen in a flash! đȘïž Stay alert as the market is poised for action! âĄ
đ Current Price: $2,545
đŒ BREAKOUT TARGET â HIGH UPSIDE POTENTIAL:
đ Take Profit (TP1): $2,600 â Eyes on this level as the breakout target. A move to this zone could spark major momentum.
đœ SUPPORT LEVELS â DANGER ZONE AHEAD:
đ„ Strong Support: $2,450 â A crucial level to hold. A break below here could bring further downside pressure.
â ïž TRADE SETUP â WARNING OF EXTREME VOLATILITY:
Bullish Scenario (Long Trade): After the successful retest, prepare for a breakout above $2,600, targeting further upside momentum. đ
Bearish Scenario (Short Trade): If ETH dips below $2,450, downside pressure could intensify, targeting lower levels.
đ MARKET INSIGHTS â TIME TO MOVE:
ETH completed a vital retest, signaling that the market is preparing for a significant breakout. A move above $2,600 may trigger a rally, while failure to hold support could lead to a correction.
đš FINAL CALL â HIGH-RISK, HIGH-REWARD OPPORTUNITY:
This is a critical moment for $ETH â the market is on the edge. Big swings are expected, so trade smart and stay on your toes! đŁ Donât miss out on the next breakout!
#NeiroOnBinance #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #Write2Earn! #ETHETFsApproved
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$POL $POL $POL
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PRICE INCREASE â
Pol is Polygonâs new native token, allowing users to access thousands of dApps across its blockchains. It also helps secure the network through staking.
In short, POL will replace the MATIC token. MATIC has been Polygonâs native token since the project started and has undergone some rebranding over the years. Due to Polygon's popularity, MATIC has been widely adopted and is held by over 600,000 people, as seen on-chain.#Write2Earn! #Polygone #Write2Earn! #PolkadotRevolution #Write2Earn!
MicroStrategyâs Genius Bitcoin Strategy
MicroStrategy, the second-largest institutional holder of Bitcoin, has cracked the code for booking profits. Hereâs how they do it đ:
Back in August 2020, under the leadership of Bitcoin maxi Michael Saylor, MicroStrategy started buying BTC. Fast forward to now, and they hold 245k BTC â thatâs about 1.2% of Bitcoinâs circulating supply, worth a cool $15.6 billion at todayâs prices.
Hereâs their brilliant strategy:
1ïžâŁ Raise capital by selling debt and convertible notes
2ïžâŁ Use the capital to buy BTC, driving up its price
3ïžâŁ Watch the value of their BTC holdings skyrocket as Bitcoinâs price increases
4ïžâŁ Mark-to-market gains, boosting their reported profits
5ïžâŁ Higher profits = higher share price đ
6ïžâŁ Rinse and repeat, buying even more BTC!
In short, theyâre using fiat (which has infinite supply) to stack Bitcoin (which has a fixed supply), and guess what? Bitcoinâs appreciated by 45% over the past 5 years! đ„
No wonder theyâre sitting on billions in unrealized gains! Genius, right? đ€Ż
P.S. How has no one thought of this before?!
Liked this post? Hit that â»ïž Repost button and share the wisdom!
#MicroStrategŃ #BTCâ #DODOEmpowersMemeIssuance
$SUI *Profit Shilling Analysis:đâ
I have shared my analysis on #SUIUSDT
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from that it gives 30%-32% massive move đ€©đ
I HOPE YOU GUYS HAVE CAUGHT THAT MOVE AND MADE GAINS FROM ITđ°â
Short-Term Outlook: Bullish
The SUIUSDT is experiencing a strong uptrend, with a potential breakout above the resistance level of $2.80. The Relative Strength Index (RSI) indicates a bullish position at 72.15.
Key Levels:
- Support: $0.8824
- Resistance: $1.1621
Technical Analysis:
- RSI (14): 72.15 (Bullish)
- Stochastic %K (14, 3, 3): 85.71 (Buy)
- MACD (12, 26): 0.045 (Buy)
- Bollinger Bands: Expansion (Increased Volatility)
Recommendation: Buy on dips, targeting $3.00 and $3.50.
Caution: Cryptocurrency markets are highly volatile. Always conduct thorough research and consider multiple sources before investing.
Next Update: Monitor for potential retracement to support levels and adjustment of trade ideas accordingly.