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Follow me on Twitter : @BULLUNIVERSE1 Coin name: Algo Short Price: 0.1700 10x leverage isolated Sl: 0.1812 Target: 1)0.1631 2)0.1600 3)0.1500
Now algo daily time frame breakdown the support line and it will go down now.
Btc looks bearish so alts will dump
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Predicting which cryptocurrencies might reach $1 in 2024 involves analyzing several factors, such as their market potential, utility, community support, and recent developments. Here's a deeper look into each of the mentioned contenders:
### LUNAR Token Project Type: Native token of the MoonPrime Games ecosystem Highlights: - Integration within the MoonPrime Games platform. - 100% locked liquidity ensures stability. - The Web3 gaming market is expanding rapidly, creating growth opportunities.
Potential: As blockchain gaming grows, LUNAR could benefit significantly. Early adopters in this space might see substantial returns, especially if the ecosystem gains more users and developers.
### $PIKA: Pikamoon Project Type: Native token of a Play-to-Earn (P2E) game Highlights: - Beta version already engaged over 10,000 players. - Backed by a transparent founding team and a strong development studio. - The market cap is significantly lower than some competitors, indicating high growth potential.
Potential: Given the popularity of P2E games and the current market cap disparity, Pikamoon has a strong chance to grow if it attracts a larger player base and continues to develop its platform.
### Book of Meme ($BOME) Project Type: Meme coin Highlights: - Initial surge of 58,000% post-launch on Raydium DEX. - Experienced a 450% rise after being listed on Binance. - Currently in a consolidation phase.
Potential: Meme coins often experience volatile price movements driven by community interest and hype. $BOME could see another surge if it gains renewed interest or further listings.
### Dogecoin (DOGE) Project Type: Meme coin Highlights: - Strong and active community. - Widely accepted for transactions. - Backed by influential figures like Elon Musk.
Potential: Dogecoin's history of significant price surges, combined with ongoing community support and media attention, makes it a perennial candidate for reaching higher price targets.
### Shiba Inu (SHIB) Project Type: Meme coin Highlights: - Large and active community. - Involved in various projects, including a decentralized exchange and NFT ventures.
Potential: Shiba Inu's diversification into different projects could bolster its value. Reaching $1 is ambitious given its large supply, but substantial use case expansion could drive significant price appreciation.
### VeChain (VET) Project Type: Blockchain-based supply chain management Highlights: - Real-world applications with major partners. - Solutions that improve supply chain transparency and efficiency.
Potential: VeChain's success hinges on its ability to secure and expand partnerships with major companies. As blockchain technology becomes more integral to supply chain management, VET could see a significant price rise.
### Conclusion Reaching the $1 milestone is more feasible for tokens with lower market caps and higher utility within expanding markets, such as LUNAR and $PIKA. Established meme coins like DOGE and SHIB also have potential due to their large communities and media influence, though their paths to $1 are more challenging given their current prices and supply dynamics. VeChain stands out for its practical applications and real-world partnerships, making it a strong contender if it continues to grow its ecosystem.
The meme coin phenomenon remains a captivating aspect of the crypto world, and 2024 promises to be a thrilling year for these playful yet potentially profitable tokens. From the established Dogecoin and Shiba Inu to rising newcomers, these meme coins are positioned for potential significant gains. Stay informed and find out which meme coins could create a buzz in the coming year! 🌟🐶💰
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A victim of a phishing scam who lost 1,807 liquid staked Ether (ETH), valued at $6.91 million, on May 26 has reportedly recovered 80% of the stolen assets. The phishing group, Inferno Drainer, allegedly returned the majority of the funds, retaining a 20% bounty. The theft occurred through a permit phishing attack, where an off-chain authorization signature was exploited to transfer tokens from the victim's wallet without their consent. Blockchain analytics firm SlowMist advises using tools like RevokeCash and Scam Sniffer's Permit2 to detect and cancel any suspicious authorizations to prevent such incidents.
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💰 After 3.5 years of holding, a whale sold $SHIB for a massive profit. On February 1, 2021, he spent 2 $ETH ($2,625) to buy 48.09B #SHIB. Recently, he sold it for 278.7 $ETH ($1.1M), netting a 419x return!
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Binance to Support Neo ($NEO ) Network Upgrade and Hard Fork
Binance, the world's leading cryptocurrency exchange, has announced its support for the upcoming Neo (NEO) network upgrade and hard fork. To facilitate this process, Binance will temporarily suspend deposits and withdrawals for NEO tokens starting on May 27, 2024, at 08:00 (UTC).
The upgrade and hard fork are scheduled to take place at block height 5,450,000. During this period, Binance assures its users that all technical requirements will be managed smoothly, and trading of NEO tokens will continue without interruption.
Binance will handle all aspects of the upgrade, ensuring users do not need to take any additional steps. Deposits and withdrawals for NEO tokens will resume once the network upgrade is confirmed to be stable. Users are advised to plan accordingly and stay informed about the progress to avoid any inconvenience.
This move highlights Binance's dedication to providing a seamless and reliable trading experience for its users.
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Vitalik Buterin, the creator of Ethereum, publicly admitted to selling 70,000 ETH at its all-time high in 2018, which amounted to $95,550,000. In contrast, Satoshi Nakamoto, the creator of Bitcoin, has never sold a single $BTC
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Portal coin will breakout soon in 1 day time frame so portal can hard .
We will see gainers portal soon
So if you want safe buy spot in $PORTAL and target will be 2$
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Here I can see bearish chart pattern in shorter time frame in meme coin pepe
A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend. Rising wedge patterns indicate the likelihood of falling prices after a breakout through the lower trend line.
Now pepe hit the upper trendline it will go down trendline.
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🚀 Tune in to my LIVE STREAM for exclusive PREMIUM SIGNALS! 🚀👈🏻👈🏻👈🏻 The falling wedge pattern occurs when the asset's price is moving in an overall bullish trend before the price action corrects lower. Within this pull back, two converging trend lines are drawn. The consolidation part ends when the price action bursts through the upper trend line, or wedge's resistance.
Already breakout in 1 hour shorter time frame so trb will pump 20-30% .
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What is a Descending Triangle? A descending triangle refers to a bearish chart pattern used in technical analysis that is characterized by a descending upper trendline and a second, flatter horizontal trendline, which is lower than the first.
Now descending triangle breakout and retest successfully so it will go upside.
### Top 3 AI Cryptos Poised to Skyrocket in June 2024: RNDR, GRT, and NEAR Predictions
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#### Render ($RNDR ) Render (RNDR) aims to revolutionize the creation and rendering of digital data, making it more affordable and accessible globally. Despite a recent 1.5% drop in price, bringing it to $10.07, RNDR's robust fundamentals and expanding user base suggest a potential price surge in June. The coin's 24-hour trading range of $10.33 to $11.82 indicates a reasonably volatile market, hinting at future gains.
#### The Graph ($GRT ) The Graph (GRT) is crucial for indexing and querying blockchain data, playing a key role in the blockchain and AI ecosystem. Its importance as an infrastructure provider for AI initiatives, coupled with strong partnerships and increasing adoption, is expected to drive a price rise in June. Currently trading at $0.3272 with a modest 0.9% gain over the past day, GRT's trading range of $0.3317 to $0.3572 suggests a relatively stable market with potential for growth.
#### Near Protocol ($NEAR ) Near Protocol (NEAR) is renowned for being a developer-friendly, high-performance, and interoperable blockchain platform within the blockchain and AI sectors. With a recent 1.9% price increase to $8.12, NEAR's 24-hour trading range of $7.76 to $8.24 shows market stability. As more AI projects are built on the Near Protocol blockchain, demand for NEAR tokens is expected to rise sharply in June.
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$BB is poised to attract significant liquidity from other coins, with many whales expected to invest heavily. I foresee a bright future for it, particularly as new coins often see substantial gains during bull runs. It's still early, but the potential is immense, much like what we witnessed in the last bull run. Patience is key; don't be swayed by those advising you to sell—they might be envious of your potential profits or trying to drive the price down for their own gain. The cryptocurrency market is heavily influenced by emotions, leading many to sell prematurely when faced with negativity, only to regret it later. Set your goals based on thorough research and remain patient. Look at the market cap and review how older coins performed in the previous bull run to see the incredible milestones achieved. Signs of a new bull run are emerging, so stay focused, ignore negative comments from envious individuals, and aim for your targets. I wish everyone gains and a peaceful, happy life.
Upcoming token unlock events in the cryptocurrency market are noteworthy for investors, as they can significantly impact token prices. Here are the details of several projects with token unlocks in the next six days:
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1. **Yield Guild Games ($YGG )** - Price: $1.01 - Market Cap: $376.40M - Circulating Supply: 371.57M - Total Unlocked: 62.1% - Upcoming Unlock: $16.89M (4.49%) - Date: May 27
📉 Coin: #POLYX/USDT $POLYX 🚀 Tune in to my LIVE STREAM for exclusive PREMIUM SIGNALS! 🚀👈🏻👈🏻👈🏻
The 1-day chart for POLYX indicates a head and shoulders pattern, signaling a possible trend reversal and a bullish outlook. With the RSI showing strong upward momentum and the coin breaking through its resistance line, the bullish sentiment for POLYX is reinforced. All signs point to a potential bullish move for POLYX.
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1. **BONK (Solana Meme Coin)**: BONK is showing remarkable profit potential this June, with its price soaring 45% in just a week to $0.00003715. The coin is currently only 20% below its all-time high of $0.00004704, which was set three months ago. After a period of correction, BONK is now on a bullish trend and could potentially reach a new all-time high in June.
2. **NEAR Protocol (NEAR)**: NEAR Protocol, driven by AI technology, is gaining considerable traction among investors. The coin has seen a 10% increase over the past month and is currently trading at $7.94. With ongoing advancements in AI and growing demand, NEAR is poised to aim for a new all-time high of $20.42 by next month.
3. **dogwifhat ($WIF )**: After experiencing a correction last month, Dogwifhat is making a comeback. Previously peaking at $4.85 in March, it now trades at $2.94. Analysts predict that, given the current market conditions, $WIF could surge to $10.
4. **Chainlink ($LINK )**: Chainlink is currently on a bullish trajectory, making it a standout altcoin for June. With a 20% gain this week, LINK is trading at $16.71 and is targeting resistance levels at $18.39 and $19.18, with ambitions to reach $22.
5. **MoonPrimeGames ($LUNAR)**: MoonPrime Games has recently launched the trailer for their web3 game, Ronin Awakening, with the official game launch happening this week. $LUNAR, the utility token that integrates the MoonPrime Games ecosystem, is expected to see significant interest and potential gains. #buythedip #altcoins
An investor in the memecoin $PEPE turned a modest $460 investment into an astounding $3.4 million. This dramatic profit came from purchasing 324.9 billion PEPE tokens in April 2023, which they recently sold entirely on Binance. The timing of this gain coincided with a significant price surge in PEPE and a broader rally in the cryptocurrency market, driven by speculation around ETFs. Known for capitalizing on memecoin trends, this investor has previously profited from PEPE and likely other similar coins. This story underscores both the enormous potential rewards and the inherent risks of investing in memecoins.
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### 3 Altcoins to Avoid Trading This Week Due to Imminent Token Unlocks
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**Optimism (OP)** - Current price: $2.541, down 0.37%. - On May 31, $79.61 million worth of OP tokens will be unlocked, representing 2.88% of its circulating supply.
**DYDX** - Current price: $2.084, up 2.97%. - On June 1, $69 million worth of DYDX tokens will be unlocked, constituting 11.9% of its circulating supply.
**SUI** - Current price: $1.0641, down 1.34%. - On June 1, $68.79 million worth of SUI tokens will be unlocked, equating to 2.8% of its circulating supply.