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😱🔥Justin Sun is collecting Ethereum: Will Altcoins take off? SpotOnChain reports that a questionable budget from TRON founder #JustinSun has led to declines in Ethereum (#ETH ) purchases. Justin Sun reportedly purchased 1,614 ETH at $3,097. Sun spent approximately 5 million USDT to make this purchase. This is a noteworthy development for ETH because the decline has stabilized. Moreover, Justin Sun is an unprecedented personality in the crypto world. Sun's movements of this kind can leave a strong impact. Impact of Ethereum price -SpotOnChain revealed the TRON founder's constant purchase of ETH. Allegedly, 362,751 ETH have been purchased since February 8. Three different budgets were allocated to purchase these coins at a daily level of 3,047. The estimated cost of these ETH purchases is approximately $1.11 billion. It looks like Justin Sun isn't done with Ethereum yet. According to SpotOnChain, he recently deposited approximately 45 million USDT to crypto exchange Binance. This move suggests that he can use this amount of USDT to buy more Ethereum within days. These potential purchases are expected to increase ETH. As mentioned above, significant purchases by market financiers like Sun can have a positive impact on a coin. In the case of Ethereum, Sun already has a large presence because more coins can be purchased. This could have a positive impact on the long-term ETH price and the broader crypto market. At the time of writing this article, Ethereum was trading at $3,126.54, up 1.5 percent in the last day. While this remains a small relief, it is still a positive move as ETH continues to mount a recovery. #altcoins #binance #TRON
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😱🚀🚀3 Altcoins with big breakout potential Altcoins To Watch Out: Aptos (#APT ) With a massive crash in 2024, the $APT price action reveals a double top in the weekly chart. Taking rejection from the massive supply at $20, the altcoin drops near the crucial support level of $5. However, this week's rapid reversal of 11.45% results in an abrupt end to the decline, signaling a potential reversal of the trend. If APT price remains above $4.72, the possibility of a double bottom reversal could lead to a trend reversal. Buyers may reclaim the $10 mark as the altcoin regains bullish momentum. InvariableX (#IMX ) Similar to most altcoins, the $IMX price trend reveals an ongoing correction, accounting for a 65% decline from yearly highs. The weekly chart reveals a head and shoulders breakout rally that has led to new lows this quarter. The decline below the psychological level of $ 1.50 receives support at $ 1,162 at the 78.60% Fibonacci level. The altcoin is currently trading at $1.25 and is signaling a rebound with a morning star pattern. With a possible retest of the bearish pattern, the altcoin price could rise to the 50% retracement level of $2. Optimism (#OP ) The decline on the daily chart leads to a falling wedge formation in the $OP price action. The bearish bull cycle, which has increased by 28% in the last 4 days, signals a potential trend reversal. With the bullish divergence in the MACD indicator, buyers are ready to challenge the 23.60% retracement level and the overall trend line. The bullish sentiment could lead to an breakout rally as the market's broader recovery gains momentum. According to Fibonacci levels, the breakout run can reach the 50% Fibonacci level at $3. #altcoins
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🤩🫡I have been supporting #Binance voluntarily for 5 years and have always been happy about it. Binance is now 7 years old and these special gifts I received today are very nice, I will continue to support and develop Binance from now on. 💪🚀 @Binance @Richard Teng 🤩💪 #BNB #BTC #BinanceTurns7
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😱🚀These 5 altcoins attracted attention with their strong stance: Demand is increasing!🚀😱 With Bitcoin (BTC) lasting for 60 thousand, which names came to the fore in altcoins? Bitcoin, which has been in an upward trend since $ 53,500, approached the 60,000 level during the day. The leader of the cryptocurrencies, which was around $ 59,500, later dropped to $ 57,500. During this period, many altcoins moved in an upward direction and some projects saw more demand. So which are these projects? 5 altcoins that crypto investors are turning to in recent days MOG, the recently popular name of Memecoin, ranked first with an increase of 15.53 percent. zkSync (#ZK ), which disappointed its users with the second-place airdrop, gained a place with an increase of 11.10 percent. Fantom (#FTM ) ranked third with a performance of 7.62 percent. In fourth place was Optimism (#OP ), the popular alcoin of the Tier-2 category, with an increase of 7.08 percent. Fifth, Stacks (#STX ), which is Bitcoin Layer-2, gained 6.56 percent. The fact that memecoin, Ethereum Layer-2 and Bitcoin-2 Layer-2 projects were on the list attracted the attention of crypto investors. Layer-2s, which demonstrate the equality of spot BTC and spot ETH ETF, seem to be talked about for a while longer. #altcoins $ZK
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😱🚀🚀Solana Meme Coin Bonk Will Increase by 227%, According to Analysis: That's When #BONK Surpasses WIF in a New Development The cryptocurrency market is known for its volatility and the element of unpredictability. In the wake of this, $BONK has recently established a new price milestone for flipping DogWifHat in terms of market cap metrics. These two meme coins are the only ones trending in green throughout the bearish onset of the market. While WIF is sitting at a price pedestal of $1.71 at the moment, Bonk, on the other hand, is trading at $0.00002579, up 22% in the last 24 hours. BONK To Surge 200% According to a notable cryptocurrency platform, CoinCodex, Solana’s BONK is now inching towards establishing a new price ATH. The token may surge to hit $0.00008175 by the end of July, surging 233% in the process. According to our current Bonk price prediction, the price of Bonk is predicted to rise by 233.12% and reach $0.00008175 by August 8, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 27 (fear). Bonk recorded 15/30 (50%) green days with 10.18% price volatility over the last 30 days.” While several crypto tokens bleed through the market as Bitcoin dips to hit a new low of $56K, meme coins like BONK are acing the current crypto scene by trending in green. The platform has categorized BONK in a bullish phase, claiming that it might be fruitful for investors to purchase the token. When will the coin hit $1? The $1 price mark is the most coveted price pedestal for any crypto token. To achieve the mark, BONK will have to surge by a whopping 3,795,013.81. “Bonk would need to gain 3,795,013.81% to reach $1. According to our Bonk prediction algorithm, the price of Bonk will not reach $1. The highest expected price our algorithm estimates is $0.001221 by January 1, 2049.” #solana #memecoins #binance
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