Altcoins bullish soon? READ ON đœ
With CZ's return from prison and the recent ETF news, we can expect more upside from late September to November.
Personally, I'm focusing on accumulating between now and September 27th.
Based on an on-chain analysis report shared by @santimentfeed, a slight price drop in Bitcoin led to a significant decrease in total open interest on exchanges.
Bitcoinâs price declined by 2.2% in the last 24 hours, while open interest on exchanges dropped significantly by 7.5%.
This decrease in $BTC indicates that investors are reducing their risks and exposure to Bitcoin amid market uncertainty.
In contrast, stable open interest in ETH and SOL suggests these assets are less affected by Bitcoin's price fluctuations this month.
The slight decline may indicate that major investors are shifting capital from Bitcoin to altcoins, seeking higher returns and diversifying their risks.
Bitcoin's open interest is dropping, hinting traders think the rally is over and are selling at peak.
BTC is now about $62,444, and ETH around $2,621.
Bitcoinâs drop in open interest is pushing investors towards altcoins like Ethereum and Solana. As BTC dominance fades, these altcoins are expected to gain more attention, so get ready to accumulate!
Source Image: @santimentfeed
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Tectum, often described as "the fastest blockchain," is redefining the standards of digital transactions. With its unique blend of speed and security, Tectum offers a robust platform that surpasses many existing blockchains. The introduction of SoftNote by Tectum is set to further elevate its status.
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Tectum is a cutting-edge blockchain designed to facilitate high-speed transactions with unparalleled security. Known for its exceptional throughput, Tectum ensures that transactions are processed at lightning speed.
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What sets Tectum apart from other blockchains is its ability to process an extraordinary number of transactions per second (TPS), far exceeding the capabilities of many established networks. This speed, combined with its robust security features, ensures that users can rely on Tectum for both personal and business transactions without the fear of security breaches.
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SoftNote is more than just a cryptocurrency; itâs a revolutionary tool that connects the traditional financial system with the decentralized world. By enabling feeless transactions, SoftNote eliminates the barriers typically associated with cross-border payments. This innovation is crucial for developing economies.
For more Details:
https://Softnote.com
https://tectum.io
#Tectum #SoftNote #TelegramCEO
DOGS Meme Coin Faces High Volume and Selling Pressure?
[Visit my profile and Vote for me](https://app.binance.com/uni-qr/cpro/Crypto_Eagles?l=en&r=49665798&uc=app_square_share_link&us=copylink)
Upon its market debut, DOGS recorded an impressive trading volume exceeding $2.17 billion, ranking it as the 7th highest among all cryptocurrencies. This reflects the strong initial interest from traders and investors in the meme coin. However, the anticipated surge in DOGSâ prices did not happen as expected.
In a significant Token Generation Event (TGE), 502.48 billion DOGS tokens were released, accounting for 91.4% of the total supply. This release added to the selling pressure and led to the price drop.
Further, analysts suggest that if this trend continues, the price could potentially fall another 20%, testing support levels as low as $0.0009.
However, according to the DOGS price chart, the sharp decline appears to be slowing. If $DOGS maintain a price above the $0.001 support level, there could be a recovery, with possible upward targets of $0.0032 or even $0.005 for optimistic buyers.
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #EaglesFam
[VOTE AND EARN 2 DOLLARS](https://app.binance.com/uni-qr/cpro/HolaItsAk47?l=en&r=119894150&uc=app_square_share_link&us=copylink)
Hold On to Your $DOGS : A Strategic Approach to Maximizing Gains đ¶đ
The recent Binance listing has sent $DOGS soaring, but is it time to cash out? While the temptation is strong, history suggests that holding off could lead to bigger rewards.
Many airdrop coins experience a post-listing sell-off due to a surge in selling from airdrop hunters. However, $DOGS' unique advantages and strong backing could buck this trend.
Key reasons to hold:
A strategic approach:
- Durov's support: The backing of Telegram CEO Durov adds significant credibility and potential for growth.
- Community-driven ownership: A dedicated community is a powerful force in driving a coin's success.
A strategic approach:
- Gradual selling: Consider dividing your DOGS into three parts and selling them over the next 3-5 months to ride out market fluctuations and potentially capitalize on significant growth.
Remember, patience and a well-thought-out strategy could lead to more substantial rewards in the long run.
Gradual selling: Consider dividing your $DOGS into three parts and selling them over the next 3-5 months to ride out market fluctuations and potentially capitalize on significant growth.
Remember, patience and a well-thought-out strategy could lead to more substantial rewards in the long run.
Floki Announces Partnership for Valhalla as an Official Sponsor of University of Miami Athletics for the 2024-25 Season
Weâre excited to announce a powerhouse multi-year partnership between #Floki and the University of Miami Athletics thatâs set to dominate the 2024-25 season!
This major collaboration will put #Valhalla, our groundbreaking Play-to-Earn MMORPG blockchain game, right in the middle of the action across the University of Miamiâs most high-profile sports â football, menâs basketball, and womenâs basketball. đđ
@MiamiHurricanes / @univmiami boast a legacy of success with 21 team national championships and 85 individual national championships. Just as the Hurricanes have proven themselves as champions, $FLOKI is deeply committed to setting new standards in the cryptocurrency and gaming industries. This partnership aligns two forces that strive for greatness and push the boundaries of whatâs possible.
Visibility Across Key Sports:
Valhalla will be featured prominently across Miami Hurricanes football, menâs basketball, and womenâs basketball. From social media to in-stadium displays, Valhalla will be everywhere Hurricanes fans look.
Driving Impact with Every Play:
For every field goal scored by the Hurricanes, Floki will make a contribution to Canes Connection, the official NIL Collective of the Miami Hurricanes. This initiative ensures that every game has a lasting impact, supporting student-athletes and enhancing the fan experience.
Miami Hurricanes fans, get ready for a season like no other! Floki is here, and Valhalla is taking over! đ„
đ±đ„Binance's best trader was appreciated for his Altcoin basket
Sui (#SUI ) Sui $SUI Move programming language with the amount of layer-1 blockchain Sui (SUI) has come to the fore with the work carried out in the field of smart contracts. Trader Eugene added SUI to the first place of his stock.
CoinGecko systems SUI's market value is at $ 2.3 billion. SUI, which has recorded a transaction volume of $ 300 million in the last 24 years, is traded at $ 0.89.
Sei ($SEI ) #SEI altcoin Layer-1 blockchain Sei (SEI) is shown as a competitor to Solana and Avalanche games. Sei, which wins day by day thanks to its fast and low execution transactions, creates a sustainable ecosystem by supporting contract smart popular ones. Eugene is known as one of the names that believe in SEI the most.
SEI's market value is at $ 1.076 billion. SEI, which has recorded a transaction volume of $ 217 million in the last 24 years, is traded at $ 0.32.
Ethena ($ENA ) Ethena #ENA altcoin Ethena (ENA), a decentralized finance (DeFi) project launched on the Ethereum blockchain, is in the Binance trader's repository. Traditional banking, including Ethena, is gaining interest day by day with its USDe stablecoin.
It was claimed that Eugene added ENA to his basket for a possible ETH rally.
ENA, which has a market structure of $ 530 million, recorded a trading volume of $ 79 million in the last 24 hours. The popular cryptocurrency is trading at $ 0.29.
LayerZero (#ZRO ) LayerZero Zro altcoin LayerZero (ZRO), an interoperability protocol that enables transactions and details of data between different blockchains, is among the altcoins that have entered the trader's radar. ZRO, which was launched in 2024, managed to do this in a short time.
Having realized a transaction volume of $95 million in the last 24 years, ZRO draws attention with a market of $429 million. ZRO is traded at $3.87.
{spot}(ENAUSDT)
{spot}(SUIUSDT)
{spot}(SEIUSDT)
#altcoins
The next DAO Talk is on Thursday, August 29th, 2024 at 16:00 UTC.
đhttps://t.co/kf5JQA0SB4
Topic: Streamlining DAO governance with AI
â We invited over one of our OG guests, @deeparocks, to talk about the role of AI in making DAO governance more manageable, engaging, and rewarding for the average DAO member. She has written about AI in DAOs and always has an interesting perspective.
Join and bring questions!
As always, there will be a $DEXE raffle among listeners đ