$STG with 66% rise up 🤑 | YourCryptoGuru on Binance Square

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$STG with 66% rise up 🤑

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Elon Musk buys 100 thousand chips for 40 thousand dollars! Here's why Elon Musk can't stop. This time, Musk is purchasing 100 thousand chips for his new artificial intelligence initiative $XAI . Musk announced that he raised $6 billion in funding for xAI, which he founded last summer. So, what will this huge budget be used for? Let's examine this exciting news in detail. Elon Musk is buying 100 thousand Nvidia-branded chips for his artificial intelligence company xAI This $6 billion raised will be used to bring xAI company's first products to market, create advanced infrastructure, and accelerate research and development of future technologies. So far, xAI has introduced a chatbot called $Grok, which it developed as a rival to OpenAI's #ChatGPT . Grok is currently only available to X Premium subscribers. This funding round included giant investors such as Andreessen Horowitz, Sequoia Capital, and Saudi Arabian Prince Al Waleed bin Talal. Last year, xAI announced it was seeking equity investment of up to $1 billion. However, a few months ago, The Financial Times reported that xAI was seeking $6 billion, and Musk denied the report at the time. Now we see that $6 billion has actually been collected. Developing artificial intelligence is not cheap. Nvidia's upcoming Blackwell B200 AI graphics cards range from $30,000 to $40,000 each. According to a report last week, xAI will require 100,000 of #Nvidia's existing H100 chips to power the upgraded version of its #Grok AI chatbot. #Musk told investors they plan to launch the new data center in the fall of 2025. Major technology giants such as Google, Apple, Amazon, Microsoft and Meta spend billions of dollars on artificial intelligence projects. Microsoft has formed a multibillion-dollar partnership with OpenAI. Musk, on the other hand, is suing OpenAI, claiming that it has deviated from its mission to benefit humanity. $XAI follow for more @YourCryptoGuru #ElonMuskUpdates #XAIUSDT #BinanceSquareFamily

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DONALD TRUMP GUILTY!! As I've said in the past, I don't want to get into political merit, but a former USA president running for this year's presidential election found guilty of all 34 counts is news that has no precedent in history. I'm no one to say that what has been decided is true or false, but the circumstances are strange.. The world has been divided into two, West and East, we are on the brink of WW3 and there are those who say that it has already began and the most important election in the worl are being conditioned by this legal process. I and those who follow me are investors and we therefore have to ask ourselves only one question: What will this mean for the markets? $BTC @Bitcoin ? It's hard to say, but for now we know that probably until election day the markets will continue to follow their trend. Always remember, the markets talk to us, they give us the information we need to understand what will happen even before the news comes out. You just need to know how to read. follow for more @YourCryptoGuru

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Differences between; Marlin ($POND ) , Polkadot($DOT ) and Cosmos ($ATOM ) Marlin, Polkadot, and Cosmos are all Layer 0 protocols, but they have different approaches and designs. Here are some key differences: ➖Marlin: 1. Focuses on scalability and interoperability 2. Uses a novel consensus algorithm called "Proof of Participation" (PoP) 3. Aims to enable high-speed transactions and interactions between blockchain networks 4. Has a dual-token economy (POND and MPOND) ➖Polkadot: 1. Focuses on interoperability and scalability 2. Uses a relay chain architecture to enable communication between blockchain networks 3. Enables the creation of independent parachains, each with their own consensus algorithm 4. Has a token (DOT) used for governance and bonding ➖Cosmos: 1. Focuses on scalability, usability, and sovereignty 2. Uses a modular architecture, allowing developers to build custom blockchain modules 3. Enables the creation of independent zones, each with their own consensus algorithm 4. Has a token (ATOM) used for governance and bonding 🏌️‍♂️3 Key differences: ⛳Consensus algorithms: Marlin uses PoP, Polkadot uses relay chain, and Cosmos uses modular architecture ⛳Scalability approaches: Marlin focuses on high-speed transactions, Polkadot uses relay chain, and Cosmos uses modular architecture ⛳Token economies: Marlin has a dual-token economy, Polkadot has a single token (DOT), and Cosmos has a single token (ATOM) These differences reflect the unique design choices and priorities of each project, and the best choice will depend on the specific use case and requirements. What is your opinion on this layer 0 protocol ? follow for more @YourCryptoGuru

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5 Reasons to Buy and Hold $SHIB , $FLOKI , $BONK Now Meme coins #shiba⚡ , #flokithebest , and #BONKKILLER have driven market optimism during this year's bull cycle. Here are five reasons to consider buying and holding these tokens: 1. Coinbase Support: Coinbase has introduced perpetual futures contracts for SHIB, FLOKI, and BONK, expected to boost their ecosystems. 2. Whale Accumulations: Large-scale investors are increasing their holdings of SHIB and FLOKI, signaling confidence in their future price movements. 3. Positive Derivatives Data: Coinglass data shows a significant increase in open interest for SHIB, FLOKI, and BONK futures, indicating a bullish market sentiment. 4. Impressive Price Movements: SHIB has gained 192.80%, FLOKI 622%, and BONK an astounding 8822% this year. 5. Meme Coin Popularity: Meme coins have garnered significant attention, offering high returns and engaging in token-burning activities, further enhancing their appeal. Meme coins continue to capture the spotlight, promising potential for substantial returns amidst ongoing market trends. follow for more @YourCryptoGuru

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$STG / USDT Perpetual Trading Signal Analysis Current Price: 0.7768 USDT Price Change: +53.67% 24h High: 0.8966 USDT 24h Low: 0.4813 USDT 24h Volume: 620.35M STG / 399.98M USDT Date and Time: 2024-03-04 05:30 Technical Analysis: STG/USDT is experiencing significant upward momentum, currently trading near its recent high. The RSI is at 72.08, indicating overbought conditions which could signal a potential pullback or consolidation. The EMA(T) is 0.5851 USDT, and EMA(25) is 0.5934 USDT, both showing the recent bullish trend. The KDJ indicators (K: 40.60, D: 30.60, J: 60.62) suggest a bullish trend with possible continuation. Candlestick Analysis: Recent candlestick patterns show a strong bullish trend, with STG closing near the upper range of its trading session, indicating strong buying pressure. SMC Analysis: Smart Money Concepts (SMC) suggest that institutional investors are accumulating STG, as indicated by the recent high trading volumes and strong price movement. Fundamental News: STG has recently announced a series of strategic partnerships and upgrades, significantly boosting its market presence and utility. This news has contributed to the strong bullish sentiment. Market News: The broader crypto market is showing strong performance, with many assets experiencing significant gains. This overall positive market sentiment is likely contributing to STG's rise. Long Trading Signal: - Entry: Near 0.7768 USDT (current price) - Target: 0.8966 USDT (24h high) - Stop-Loss: 0.6810 USDT (support level) Short Trading Signal: - Entry: Near 0.8966 USDT (24h high resistance) - Target: 0.6810 USDT (support level) - Stop-Loss: 0.9200 USDT (above recent highs) Smart Money Entry: - Long Entry: 0.6810 USDT (support level accumulation) - Short Entry: 0.8966 USDT (resistance level distribution) Stay tuned for more updates and trade responsibly @YourCryptoGuru #signalsfutures #BinanceEarn #BullRunAhead

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