The heat from Tap-to-earn applications has passed, The Open Network and Toncoin ($TON ) are showing signs of waning user enthusiasm. However, TON network is still the most active network in the market.
This could open up opportunities for Toncoin (TON) investors to buy TON at a better price.
Toncoin (TON) Dominance Rate Has Dropped Sharply Over the Past 8 Months
Looking at the dominance of TON (TON.D) in the total market capitalization will help assess investors' preference for TON in choosing a portfolio. The chart shows that TON.D has continuously decreased sharply since May, from 1.1% to nearly 0.4%.
If we compare it with the $TON price, we can see that TON.D when the TON price is at $1.2 is the same as TON.D when the TON price is at $5.5, both are 0.4%. The reason may be that even though the TON price is increasing, investors have more options when allocating their portfolios in the late 2024 period. This is a sign that TON is losing momentum.
Daily Active Wallet Addresses on TON Have Dropped Sharply in the Past Three Months
Artemis data shows that the number of daily active addresses (DAA) on TON has dropped by 90%, from 2.5 million in September to around 250,000 today. The decline in DAA reflects a decrease in demand for TON, as well as a lack of appeal for the network, causing users to temporarily leave.

DAA’s decline may be due to the lack of excitement from Telegram Mini Apps. A recent report from BeInCrypto said that Tap to Earn games are losing players due to boredom and lack of motivation to stay after the token has been launched and listed.
Data from defillama also shows that TON’s total value locked (TVL) has dropped from a high of $770 million to $248 million in December. TVL of leading TON protocols such as Tonstakers, STON.fi, bemo, DeDust have also recorded a decline of 10% to 22% in the past week.
These signs warn of capital outflows from the TON ecosystem and may cause TON’s price to lose momentum.
Telegram is still a potential land to attract new users for TON
The growth of the TON network in recent times is closely linked to the growth of Telegram users. Telegram users are the biggest advantage that $TON has over other blockchains. Telegram CEO Pavel Durov recently shared that 2024 is the year Telegram records profits after 3 years of promotion.
“2024 has been a very good year for Telegram. For the first time in its 3-year history of optimization, Telegram has become profitable. During the year, the number of Telegram Premium subscribers tripled, surpassing 12 million. Our advertising revenue also increased several times. As a result, Telegram's total revenue in 2024 exceeded $ 1 billion, and we ended the year with more than $ 500 million in cash reserves, not counting crypto assets,” Pavel Durov said.


#Mr_Pips #ChristmasMarketAnalysis #TON

$XRP Dominates Altcoin Market in December on Binance.
XRP is making headlines as it became the most traded altcoin on Binance in December.According to CryptoQuant analyst JA Maartunn, XRP reached over $116.6 million in trading volume on Binance Futures, surpassing other altcoins.
Outstanding Trading Volume
According to CryptoQuant, XRP maintained its leading position in altcoin trading throughout December, especially as its price climbed to a three-year high before falling sharply.
Maartunn shared :
“$XRP is the most traded altcoin on Binance Futures, with a volume of 116.6 billion, and the month is not over yet. Keeping track of the most traded coins on Binance is important when investing in altcoins.”

Fluctuation and Recovery
According to CoinGecko, the price of $XRP dropped to an intraday low of $2.18, down more than 1%.Since December 3, when its price reached a multi-year high, XRP has fallen more than 25%, in line with the general trend of leading cryptocurrencies.
However, Maartunn notes that XRP is recovering faster than other altcoins:
XRP open interest reaches $1.90 billion, of which Binance accounts for nearly 50%.The number of active XRP wallets has increased significantly, thanks to clarification on the token's legal status.
Impact of Legal Decisions
In July 2023, the US SEC declared XRP not a security, fueling growth in the number of holders and transactions.Ripple has since filed a Form C to defend its arguments in the cross-appeal.
Impressive Figures
In the past two years :
The number of wallets containing XRP increased by 5.75 million, equivalent to a 28% increase.Other cryptocurrencies such as Bitcoin increased by 27%, Ethereum increased by 47%, and Tether increased by 66%. XRP alone increased by 253% in price over the past year, demonstrating increased investor confidence and interest.

#Mr_Pips #ChristmasMarketAnalysis #xrp

As we know, public debt has always increased over the presidential terms without decreasing, and the public debt ceiling has always been approved by both houses of Congress, meaning more money is printed for spending, and then debt continues.
To deal with this debt problem for so many years, it is basically impossible to rely on the annual GDP income of the US.
Imagine this, your income is 20 million/month, but your bank debt is 20 billion, then basically working 8 hours/day, or 16 hours/day, your whole life cannot handle all that debt. And there is only one way to increase income, which is "Investment".
Trump has a logical plan to deal with that debt, but no president has paid attention to it and done it, because the debt is too high, so they always ignore this issue and consider it obvious.
First, Trump created the DOGE department led by Elon Musk, to reduce budget spending reasonably.
The second is to increase revenue by proposing a plan to use the federal gold reserve fund to buy 1 million bitcoins in 5 years. That is, each year, buy at least 200k BTC, and lock it up and hold it for 10-20 years. This amount will be used to handle the current huge public debt.
(I thought of this perspective and handling direction, and shared it with you a year ago, when Trump had not yet officially run for election)
Currently, the US government owns 27k BTC, from the source of confiscation from criminal organizations, and Trump requires all states to return this amount to the federal strategic department to hold for 10 years.
This bill initially received opposition from Congress, due to the lack of safety when using the annual gold reserve fund to buy BTC, which is no different from selling real gold and holding something that is not real, which is too risky.
But Trump has come up with an extremely interesting plan. He reissued "Gold Certificates"
Currently, the US owns 8,133 tons of gold, and has been increasing imports every year. They have been buying and storing since 1973, and the average import price is $42.22. Compared to all those years, it still hasn't increased as much as Bitcoin.
1934 was the last time the US issued this gold certificate. Vietnam had done the same thing before, even during the time of Bau Kien.
The Gold Certificate, which Trump intends to revive, is as follows.
Use the annual fund to buy gold to buy BTC, but don't need to sell any real Gold.
- Gold from the people will be sent to the Bank, as a form of lending to the government, and they will receive a piece of paper recognized by the government as owning gold, and can exchange real gold at any time.
- Then, if it is gold, it will be sent to the federal fund, if it is USD, it will be used to buy BTC.
So on one hand, it sucks gold and dollars from the people, on the other hand, it uses that money to invest in BTC and pay interest according to the growth of the Gold price, because BTC has a 4-8 year growth margin that is much better than Gold.
This plan does not affect the national budget balance sheet at all, so it is almost 100% certain that Congress will agree.
In addition, when the US implements this plan first, it will create a tsunami of BTC price increases in the market.
When BTC increases in price, it will attract more crowds to speculate, meaning that foreign currency flows in other countries will be lost abroad, forcing the governments of these countries to tighten, and make clearer rules of the game, to collect taxes, because in reality, even if it is banned, it cannot be completely banned like China has done, the attraction of BTC's continuous price increases is too great.
And certainly, there will be many countries following the US, and implementing this plan, because the problem of how to mobilize gold and foreign currency domestically is always the biggest headache for slow or developing countries.
Because when mobilizing, you are forced to steer that source of money to increase faster than the growth rate of Gold, otherwise you will not be able to pay interest on the huge amount of money mobilized
Obviously, the US government has the power to manipulate and push up the price of BTC, so their choice to speculate in BTC is no different than blowing the whistle and playing football at the same time.

#Mr_Pips #ChristmasMarketAnalysis

Mantra ($OM ) price is facing a critical technical phase as multiple indicators point to potential bearish pressure. The DeFi token has fallen 13% over the past seven days, continuing its correction from its all-time high reached on November 18, with the current price down 21% from that peak.
Technical indicators show a mixed picture, with the RSI remaining neutral while the Ichimoku Cloud suggests increasing bearish momentum. Adding to the uncertainty, a potential death cross pattern is emerging, which could accelerate the downtrend if confirmed.
OM's RSI has been neutral since December 3
The Relative Strength Index (RSI) for $OM has maintained a relatively neutral reading of 38.3, indicating minimal volatility since December 3. The RSI is a momentum oscillator that ranges from 0 to 100, with readings below 30 indicating oversold conditions and above 70 indicating overbought conditions. The range between these levels, especially around 40-60, typically indicates a neutral market state where neither buyers nor sellers have control over the decision.

With the current Mantra RSI at 38.3, the asset is slightly below the neutral point of 50, indicating mild bearish pressure but not enough to indicate oversold conditions. This extended neutral RSI phase could indicate a consolidation phase, with a potential move in the direction of the indicator breaking clearly above 50 (bullish) or below 30 (bearish).
The current reading suggests that traders may be waiting for a stronger signal before making significant moves, although the slight bearish bias at 38.3 warrants attention to potential downside risks.
Ichimoku Cloud shows bearish trend for $OM
The Ichimoku Cloud chart for $OM shows a developing downtrend over the past week. The green line (Chikou Span) has crossed below the price action, while the blue line (Conversion Line) has fallen below the red line (Base Line), forming a bearish crossover around December 19.

The cloud itself has turned from green to red, indicating a shift from bullish to bearish sentiment. The price is currently trading below both the cloud and all the major Ichimoku lines, indicating strong bearish momentum. However, as all the lines begin to converge near the current price, this could signal an upcoming period of consolidation or trend change.
OM Price Prediction: $3.31 Support Level Is Fundamental
The short-term moving average for OM is currently holding above the long-term one, albeit with decreasing momentum suggesting a possible Death cross. If this bearish signal occurs with the short-term MA crossing below the long-term one, Mantra price could face increased selling pressure pushing it towards the $3.31 support, with a potential drop to $3.03 if the first support fails.

Conversely, if $OM price can regain bullish momentum before the death cross forms, the price could target the immediate resistance at $3.76. A successful break of this level could pave the way for extended gains towards $4.25, although this scenario would require a clear change in the current market sentiment and possibly a new rally in the real-world asset (RWA) narrative.

#Mr_Pips #om

Dogecoin ($DOGE ) has fallen more than 30% from its yearly high of $0.48 earlier this month. The decline has been accompanied by a number of negative signals, raising the possibility that the price will continue to fall.
As the year comes to a close and bearish pressure builds, technical indicators suggest that DOGE could continue to decline, potentially below $0.20. Here’s why.
Dogecoin's Bearish Patterns Put It at Risk
A “Death cross” pattern has formed on the DOGE/USD chart for the day. This is a bearish pattern that forms when an asset’s short-term moving average (usually the 50-day moving average) crosses below its long-term moving average (usually the 200-day moving average), indicating a change in market sentiment from positive to negative.

A reading from the $DOGE /USD chart shows that DOGE’s 50-day MA crossed below its 200-day MA on December 18, 2024, and the price of the meme coin has fallen by 20% since then. This crossover is a negative signal, indicating that the trend is weakening, with recent declines outweighing longer-term gains.
Furthermore, negative readings from DOGE’s Super Trend indicator confirm the possibility of further downside. At the time of writing, DOGE’s price is below the red line of this indicator.

The Super Trend indicator tracks the overall direction and strength of an asset's price trend. It appears as a line on the price chart, changing color to reflect the trend direction: red for a downtrend and blue for an uptrend. When the asset's price is below the Super Trend line, it indicates a downtrend, suggesting that the negative momentum is likely to continue.
DOGE Price Prediction: Heading Below $0.20
On the daily chart, $DOGE is trading below the resistance at $0.33. Continued selling pressure at this level could push the price down to the support at $0.28. If this support fails to hold, the next important level for DOGE is $0.23. If buyers fail to defend this level, the meme coin could slide below the $0.20 zone, potentially reaching $0.17.

On the other hand, if it successfully clears the $0.33 resistance, DOGE could move towards the yearly high at $0.48.
#Mr_Pips

Cow Protocol's $COW token has surged more than 30% after World Liberty Financial (WLFI), a DeFi project linked to Donald Trump, made a 2.5 million USDC transaction to buy 759.36 ETH through the platform.
Currently, World Liberty Financial holds around 16,400 ETH, worth $53.73 million.
World Liberty Financial Continues to Influence Altcoins
According to data from Arkham, the project has been actively buying various assets, including ETH, WBTC, AAVE, LINK, ENA, and ONDO. These tokens have suffered losses in recent days, coinciding with broader market volatility due to the Federal Reserve's rate cuts and inflation forecasts.
Meanwhile, WLFI's continued use of the CoW Protocol has attracted attention, fueling speculative interest in the platform. The $COW token is up nearly 35% today, approaching $1.

WLFI’s investment models have fueled market rallies throughout December. Earlier this month, the project spent over $45 million, including purchases of Ethereum, Ondo (ONDO), and Ethena (ENA), pushing COW to $1.02, its highest value in over a year.
Other transactions this month included purchases of $AAVE and Chainlink’s LINK token, sending LINK’s price soaring to $28, its highest in three years. Additionally, WLFI and Ethena Labs recently added sUSDe as collateral on WLFI’s Aave v3, boosting its functionality.

The project also recently swapped $10.4 million worth of cbBTC to WBTC, after Coinbase delisted cbBTC. Justin Sun, a major investor and advisor to WLFI, has publicly supported WBTC, arguing that it has stronger governance and transparency than cbBTC.
Despite these developments, Trump’s World Liberty Financial has faced many challenges since its launch. The project reduced its presale target from $300 million to $30 million, a 90% reduction. WLFI tokens remain non-transferable and are limited to non-US and accredited US investors. These restrictions are contributing to the project’s early sales difficulties.

#Mr_Pips #ChristmasMarketAnalysis

Bitcoin ($BTC ) fell 15% in the third week of December, marking its biggest weekly decline since August. Experts attributed the decline to the impact of global macroeconomic factors, warning that Bitcoin could continue to decline if these pressures increase.
However, Bitcoin also has intrinsic factors to balance the negative impact from the macro economy.
Global liquidity has fallen sharply in the past two months
According to The Kobeissi Letter, Bitcoin’s price has historically shown a 10-week lag in correlation with the Global Money Supply (Global M2). Over the past two months, Global M2 has decreased by $4.1 trillion, signaling the possibility that Bitcoin’s price could continue to decline if this trend continues.
Global M2 is a key economic indicator that measures the total money supply in the global economy, including cash, demand deposits (M1), time deposits, and other liquid assets. Movements in Global M2 often affect both the stock and cryptocurrency markets.
“When the global money supply hit a new record of $108.5 trillion in October, the Bitcoin price hit an all-time high of $108,000. However, over the past two months, the money supply has fallen by $4.1 trillion to $104.4 trillion, the lowest level since August. If this relationship holds, this suggests that the Bitcoin price could fall as low as $20,000 in the coming weeks.”

A month ago, Joe Consorti, Head of Growth at Bitcoin custody firm Theya, warned of a 20%-25% correction in Bitcoin based on similar metrics. That prediction appears to be coming true.
André Dragosch, Head of Research at Bitwise, echoed the same sentiment. He predicted that Bitcoin would continue to be pressured by tightening liquidity in the United States. However, he highlighted an intrinsic factor in Bitcoin that could counterbalance this liquidity squeeze: Bitcoin’s growing illiquid supply.

Higher illiquid supply indicates increased scarcity of Bitcoin, which can support its price according to supply-demand dynamics.
“Bitcoin is currently balancing between a) rising macro headwinds due to the US and global liquidity crunch and b) on-chain tailwinds due to the strong BTC supply shortage. Ultimately, the on-chain tailwinds will likely outweigh the negative macro headwinds but this could create some volatility in early 2025 (and possibly some attractive buying opportunities).”
At the time of writing, Bitcoin is trading around $94,000, with data from BeInCrypto showing it has dropped nearly 6% over the weekend.
#Mr_Pips #ChristmasMarketAnalysis #BTC

$BTC

Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and might continue to move down toward the $91,200 support zone.
Bitcoin started a fresh decline from the $100,000 resistance zone.The price is trading below $98,000 and the 100 hourly Simple moving average.There is a key bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could start a fresh increase if it stays above the $92,000 support zone.
Bitcoin Price Dips Again
Bitcoin price failed to start another increase and extended losses below the $100,000 zone. $BTC gained bearish momentum below the $98,000 and $96,500 levels.
The price even spiked below $92,250. A low was formed at $92,159 before there was a recovery wave. However, the bears were active near the $100,000 level. A high was formed at $99,575 and the price started another decline. It traded below the $96,500 level.
There was a clear move below the 50% Fib retracement level of the recovery wave from the $92,159 swing low to the $99,575 high. There is also a key bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair.
Bitcoin price is now trading below $98,000 and the 100 hourly Simple moving average. It is also testing the 76.4% Fib retracement level of the recovery wave from the $92,159 swing low to the $99,575 high.
On the upside, immediate resistance is near the $95,000 level. The first key resistance is near the $95,850 level. A clear move above the $95,850 resistance might send the price higher. The next key resistance could be $97,800. A close above the $97,800 resistance might send the price further higher.

In the stated case, the price could rise and test the $98,500 resistance level. Any more gains might send the price toward the $100,000 level.
More Downsides In BTC?
If Bitcoin fails to rise above the $95,850 resistance zone, it could continue to move down. Immediate support on the downside is near the $93,800 level.
The first major support is near the $92,500 level. The next support is now near the $91,200 zone. Any more losses might send the price toward the $90,000 support in the near term.
Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.
Major Support Levels – $92,500, followed by $91,200.
Major Resistance Levels – $95,850 and $97,800.
#Mr_Pips

With a $10 budget and the current $SHIB price at $0.00002209, you can implement a small-scale, low-risk trading strategy focusing on profit accumulation from small price fluctuations (scalping) or mid-term trading based on technical analysis. Here’s a detailed plan:
1. Capital Allocation
Total capital: $10
Allocation:
70% ($7) for primary trading.30% ($3) as a reserve for dollar-cost averaging if the market dips.
Amount of SHIB you can buy with $10:
10/0.00002209≈452,525SHIB10 / 0.00002209 ≈ 452,525 SHIB10/0.00002209≈452,525SHIB
2. Trading Plan
A. Short-Term Trading (Scalping)
Objective: Capitalize on small intraday price movements (2–5%).
Tools:
RSI (Relative Strength Index).EMA10 and EMA50 (Exponential Moving Averages).
Strategy:
Buy Signal:RSI < 30 (oversold).Price crosses above EMA10 from below.Sell Signal:RSI > 70 (overbought), or price achieves a 3–5% profit target.Stop-Loss:Set 2% below the purchase price to limit risk.
B. Mid-Term Trading
Objective: Hold SHIB for 1–2 weeks, anticipating larger upward moves.
Strategy:
Buy Signal:Price approaches a strong support zone (identified via technical analysis such as Fibonacci retracements or historical price levels).Sell Signal:Price hits a resistance zone or achieves a 10–20% profit target.Stop-Loss:Set at 5% below the support zone if it breaks.
3. Key Considerations
Avoid All-In: Always keep 30% as a reserve for averaging down if prices drop.Stay Updated: Monitor $SHIB news, especially announcements from developers or large investors ("whales").Manage Emotions: Don’t panic during price drops; patience is critical.
Example Trade
Buy:
SHIB Price = $0.00002209Use $7 to buy approximately 316,968 SHIB.
Sell for 5% Profit:
SHIB Price rises to $0.0000232.Value of SHIB = $7.35Profit: $0.35 (5%).
Reserve Allocation:
If $SHIB drops to $0.0000210, use $3 to buy an additional ~142,857 SHIB and wait for price recovery.
Summary
By applying this strategy, you can optimize your small capital while minimizing risk. Adjust profit targets and holding durations based on market conditions for better flexibility.
#Mr_Pips

$XRP
CZ (Changpeng Zhao), CEO of Binance, has issued a warning about a dangerous cryptocurrency scam that continues to trap unsuspecting users.
How Hackers Operate
Sending Private Keys or Hardware Wallets:Hackers provide victims with free private keys or preloaded hardware wallets.The unsuspecting recipients are unaware that these keys or wallets are already compromised.Waiting for the Victim to Take the Bait:Victims begin using the wallet, unaware of the danger, to store their cryptocurrency.Once the wallet accumulates a substantial balance, hackers use the private key to drain the funds without the victim realizing it.
Why Do People Fall for This Scam?
Lack of Awareness:Many do not understand that a private key is the sole control mechanism for accessing all assets in a wallet.Greed:Free offers or seemingly lucrative opportunities lower the victim's defenses.Sophisticated Tactics:Hackers often disguise their schemes and build trust, making victims feel secure before the attack.
How to Protect Yourself
Never Use a Private Key Provided by Others:A private key is an absolute secret. Only the legitimate owner of the wallet should have access to it.Buy Hardware Wallets from Official Sources:Avoid purchasing wallets from unknown vendors or second-hand sources.Verify Promotions or Free Offers:Scrutinize the legitimacy of any promotional events or giveaways.Educate Yourself on Crypto Security:Understand that anyone with access to your private key can control and steal all assets in your wallet.
Conclusion
Although this is not a new type of attack, hackers continue to exploit user ignorance and complacency to steal assets.
Remember: If you do not own your private key, you do not truly own your cryptocurrency.
Stay vigilant and safeguard yourself in the volatile crypto market! 🚨
#Mr_Pips

Ahead of the EU’s Markets in Crypto Assets (MiCA) regulation, European exchanges are delisting Tether (USDT) en masse, which could severely hamper the ability to capitalize on the crypto bull market in the EU.
Donald Trump’s election in the US has benefited Tether along with the broader crypto industry, but market turmoil in the EU could disrupt investment.
Tether Prepares for MiCA
It has become clear over the past few months that Tether’s USDT, the largest stablecoin, has failed to meet MiCA’s requirements. According to a new report, EU exchanges have until December 30 to delist the asset. However, concerns are growing in the European crypto community, as Tether’s withdrawal could have a major impact on the region:
“I understand why this is being done to some extent, but it is quite exclusionary and restrictive for EU clients themselves because [USDT] is the most liquid stablecoin,” said Usman Ahmad, CEO of crypto trading firm Zodia Markets Holdings Ltd.
Essentially, Tether is a very useful stablecoin for crypto businesses in the EU and an important source of liquidity. Despite the high level of development and interest in the region, some European financial products are overshadowed by the US-centric market. Overall, crypto investments in the EU have declined in 2024 compared to other regional markets, and MiCA could cause them to decline further.

Tether has been preparing for MiCA by scaling back its services in Europe and instead investing heavily in new stablecoins that meet EU compliance requirements. However, some key competitors see this as a crucial opportunity to reduce Tether’s dominance in the market.
Meanwhile, there are concerns that potential regulatory chaos in the EU is occurring at a time when other regional crypto markets are booming. The country’s crypto industry has flourished since Donald Trump won the US presidency. Tether’s allies are receiving new appointments under Trump, and the company is making significant gains in the space.
European investors will have to hope that the turmoil surrounding MiCA and Tether’s withdrawal does not derail overall investment. Cryptocurrencies are entering a new level of institutional and regional adoption around the world, but Europe may still be missing out.
$BTC $ETH $XRP

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