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🚀🚀🚀 #NEAR🔔 Price Prediction: Near Protocol Pushes Past $4 Barrier – Is It Too Late to Buy? 🚀🚀🚀 NEAR Protocol has surged above $4 with a 24-hour trading volume of $75 million, holding a strong rank at #22 with a market cap of $4.18 billion. With over 1 billion NEAR coins in circulation, its technical outlook reveals a pivot point at $4.01 and bullish indicators, including an #RSI of 65. Resistance is at $4.53, $4.79, and $5.01, while support lies at $3.78, $3.51, and $3.23. Trading above the 50-Day EMA signals a short-term bullish trend, supported by an upward channel and a hammer candlestick pattern. NEAR Protocol is poised for potential upward movement, presenting opportunities for traders. Sponge V2 has emerged as a new player in the meme coin realm, succeeding Sponge V1's success. The unique staking approach and Play-to-Earn (P2E) integration set Sponge V2 apart, with exclusive $SPONGEV2 token earnings through $SPONGE staking. The ecosystem offers bonus rewards, yielding a starting 40% APY for staked $SPONGE tokens. The focus shifts permanently to V2 post-launch, presenting an opportunity for investors to stake $SPONGE and earn exclusive Sponge V2 tokens with limited availability (16,461,035,615). The integration of a P2E game enhances the user experience, making Sponge V2 a notable project in the evolving meme coin landscape. Source - Arslan Butt @arslan-butt Website - Cryptonews #CryptoNews🔒📰🚫 $NEAR #CryptoForecast #BinanceSquare

🚀🚀🚀 #NEAR🔔 Price Prediction: Near Protocol Pushes Past $4 Barrier – Is It Too Late to Buy? 🚀🚀🚀

NEAR Protocol has surged above $4 with a 24-hour trading volume of $75 million, holding a strong rank at #22 with a market cap of $4.18 billion. With over 1 billion NEAR coins in circulation, its technical outlook reveals a pivot point at $4.01 and bullish indicators, including an #RSI of 65. Resistance is at $4.53, $4.79, and $5.01, while support lies at $3.78, $3.51, and $3.23. Trading above the 50-Day EMA signals a short-term bullish trend, supported by an upward channel and a hammer candlestick pattern. NEAR Protocol is poised for potential upward movement, presenting opportunities for traders.

Sponge V2 has emerged as a new player in the meme coin realm, succeeding Sponge V1's success. The unique staking approach and Play-to-Earn (P2E) integration set Sponge V2 apart, with exclusive $SPONGEV2 token earnings through $SPONGE staking. The ecosystem offers bonus rewards, yielding a starting 40% APY for staked $SPONGE tokens. The focus shifts permanently to V2 post-launch, presenting an opportunity for investors to stake $SPONGE and earn exclusive Sponge V2 tokens with limited availability (16,461,035,615). The integration of a P2E game enhances the user experience, making Sponge V2 a notable project in the evolving meme coin landscape.

Source - Arslan Butt @arslan-butt

Website - Cryptonews

#CryptoNews🔒📰🚫 $NEAR #CryptoForecast #BinanceSquare

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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🔥🔥🔥 #Solana⁩ Rolls Out #update to Tackle Network Congestion The Solana network has been grappling with congestion issues in recent months, exacerbated by a surge in activity driven by the meme coin frenzy, resulting in unprecedented demand. Solana developers have announced a new software update aimed at addressing the congestion problem on the popular #Blockchain . According to a post on X, the v1.17.31 release is now recommended for general use by MainnetBeta validators. This update includes enhancements designed to alleviate the ongoing congestion on the Solana Network. Validators, the entities responsible for running nodes or software that confirms transactions and secures the blockchain network, are urged to upgrade their nodes to the latest release to address any issues that may arise. The surge in user activity, fueled by the meme coin frenzy, led to congestion on the network, with transactional volumes reaching as high as $4 billion in March, a significant increase from the usual figures of under $500 million per day in 2023. One of the contributing factors to the congestion was the increased use of bots, which resulted in a spike in "failed" transactions on the network. These "fail" transactions occurred when smart contracts flagged certain transactions as "bad requests," despite being successfully submitted to the Solana network. The final version of the update prioritizes transactions from validators with a substantial stake to node leaders, where transactions are confirmed. This prioritization ensures that validators with higher stakes receive a higher quality of service, preventing lower-quality validators from maliciously flooding the network with transactions. Source - coindesk.com #CryptoNews🔒📰🚫 #BinanceSquareTalks $SOL
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🔥🔥🔥 #shibaInu : Five Rules To Invest in Shibarium Projects From Lucie The Shiba Inu ecosystem's official representative, Lucie, has recently released a set of guidelines for assessing investment in projects geared towards building Shibarium, the ecosystem's specialized #Layer2 #Blockchain . In a recent announcement on X, Lucie, a content marketing specialist, introduced five new policies aimed at guiding her support for Shibarium projects. These policies focus on the projects' contributions to enhancing the Shiba Inu ecosystem. Lucie emphasized that these policies are her own and do not necessarily reflect the views of the Shiba Inu development team. - The Five New Policies Lucie highlighted the significance of $SHIB burn in Shibarium projects, making it one of the primary factors she considers before investing. She evaluates the extent to which a project contributes to burning SHIB tokens. Lucie reviews the project's treatment of BONE gas tokens, assessing whether they are burned or utilized to enhance their appeal. She also examines the usage of Doge Killer (LEASH) and whether there are plans for integration with the Shiba Inu Metaverse. Moreover, Lucie evaluates the project's positive contributions backed by blockchain evidence within the Shibarium ecosystem. Lucie emphasized that these policies are her own and do not constitute financial advice for investors. Lucie highlighted Shiba Inu projects adhering to her new policies. WoofSwap was commended for contributing to SHIB token burning via the inscription tokens market and now focuses on burning BONE tokens through DAMN meme coin. Shib Dream and Shib CoOp were acknowledged for their contributions to the SHIB Metaverse. Other projects like K9 Finance, LumiBots, Mantra Protocol, Nest XNFT, Shib CoOp, and DEX MARSWAP also play vital roles across the Shibarium ecosystem, including liquidity staking, adoption promotion, NFT adoption, and Shiboshis staking. Source - thecryptobasic.com #cryptocurrency #BinanceSquareTalks
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👉👉👉 Bitcoin miners could dump $5B in $BTC after #halving : 10x Research According to market analyst Markus Thielen from 10x Research, Bitcoin miners could potentially sell up to $5 billion worth of BTC in the months following the halving event, which is expected to occur around April 20. Thielen suggests that this selling pressure could persist for four to six months, mirroring patterns observed in previous halving cycles. Thielen points out that Bitcoin prices tend to experience sideways movement in the aftermath of halving events, as witnessed in 2020 when prices remained range-bound between $9,000 and $11,500 for five months post-halving. He anticipates a similar scenario this year, with Bitcoin potentially facing a "summer lull" amid significant miner selling. Historically, miners tend to accumulate BTC leading up to the halving, creating a supply-demand imbalance that often results in a price rally. This trend has already been observed in 2024, with Bitcoin surging 74% to reach an all-time high of $73,734 in March before undergoing a correction to below $63,000 in mid-April. Thielen also highlights the potential impact on #altcoins , suggesting that they could bear the brunt of the situation. Despite some predicting an altcoin rally correlated with the halving, Thielen emphasizes that historical evidence indicates that such rallies typically begin approximately six months later. In summary, Thielen's analysis suggests that Bitcoin may experience sideways movement in the coming months due to miner selling pressure following the halving event. Additionally, altcoins may face challenges in the near term, with any potential rally likely to occur after a significant time lag following the halving. Source - cointelegraph.com #cryptocurrency #BinanceSquareBTC #CryptoNews🔒📰🚫
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#Ethereum Price Reclaims $3K But Can $ETH Continue Higher? Ethereum experienced a sharp decline of over 10%, dipping below $3,000 before finding support near $2,550. The #cryptocurrency has since bounced back above $3,000 but faces several obstacles around the $3,200 mark. Currently, Ethereum is in the process of initiating a recovery phase from the crucial $2,550 support area, mirroring Bitcoin's recent movements. After surpassing the resistance levels at $2,800 and $3,000, it breached the 50% Fibonacci retracement level of the downward swing from $3,615 to $2,537. However, Ethereum is currently trading beneath $3,250 and the 100-hourly Simple Moving Average. Resistance is evident around the $3,200 level, along with the 61.8% Fib retracement level from the recent swing high to low. Additionally, a rising channel has formed with resistance at $3,200 on the hourly chart of ETH/USD. The primary resistance lies near $3,250, followed by $3,300 and $3,360. Surpassing these levels could pave the way for Ethereum to test $3,500 and even aim for the $3,620 zone. On the downside, initial support is anticipated around $3,080, followed by the crucial $3,000 level. Further down, the $2,880 support zone comes into play, with a breach potentially leading to a decline towards $2,750 or even $2,550. Technical indicators show the MACD for ETH/USD is losing momentum in the bearish zone, while the hourly RSI has climbed above the 50 level. In summary, Ethereum's price action in the near term will likely be influenced by its ability to overcome resistance levels and maintain support, with $3,000 serving as a critical level to watch. Source - newsbtc.com #CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency
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🔥🔥🔥 #PeterSchiff Reveals Key Support Level for Bitcoin ($BTC ) Peter Schiff, a vocal advocate of gold and skeptic of Bitcoin, has once again made a bold prediction regarding Bitcoin's future price direction, identifying $60,000 as a crucial support level. He suggests that a significant breach below this point could indicate the formation of a 'triple top' pattern, potentially leading to a decline to $20,000. Such a drop would entail substantial losses for companies like MicroStrategy, known for their sizable Bitcoin investments. However, Schiff's forecast of a plummet to $20,000 seems somewhat disconnected from current market trends and the increasing institutional backing that Bitcoin has garnered, particularly after the approval of the first #BitcoinETF💰💰💰 . Given Schiff's history of inaccurate Bitcoin predictions, his assessment may not carry the same weight as that of other analysts. While MicroStrategy has indeed faced unrealized losses during market downturns, the company's approach typically leans towards long-term investment, with CEO #MichaelSaylor consistently advocating for Bitcoin as a groundbreaking asset class. Despite Bitcoin's volatility, its price remains relatively robust. While there has been a downward movement towards the $60,000 level identified by Schiff, the narrative does not necessarily imply an imminent drop to $20,000. Key support levels at the 50-day EMA (around $58,000) and the 200-day EMA (around $49,900) offer significant backing for the price. Should Bitcoin maintain its position above these EMAs, it could invalidate Schiff's triple top scenario. A resurgence above $60,000 has the potential to reignite bullish sentiment, while a breakthrough above recent highs near $67,500 would signal market recovery and potentially revive bullish sentiment across the #cryptocurrency market. Source - u.today #BinanceSquareBTC
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