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CRYPTO ALERT: PROS READY TO THE MOON
Get ready for a potential price explosion! PROS, currently trading at $0.4018, is poised for a remarkable rebound. After a temporary -12.04% dip, indicators suggest a swift recovery and a surge to $0.7 in the first week of November.
Mathematical Analysis: $PROS
1. Fibonacci Retracement: The current price is hovering near the 61.8% Fibonacci support level, a historically strong bounce point.
2. Relative Strength Index (RSI): PROS' RSI has dipped to 32.5, indicating oversold conditions and a likely reversal.
3. Moving Averages: The 50-day MA ($0.45) and 100-day MA ($0.51) are converging, signaling a breakout.
4. Volume Analysis: Decreasing volume during the dip suggests bearish exhaustion.
Projection:
Based on these indicators, we predict a 75% price increase to $0.7 within the next week. This would represent a:
$0.4018 (current) → $0.7 (projected)
= 74.57% increase
Key Levels:
Support: $0.38
Resistance: $0.55
Target: $0.7
Disclaimer:
Cryptocurrency markets are volatile. This analysis is for informational purposes only, not investment advice.
#Skyrockets
Mathematical Analysis: $PROS
1. Fibonacci Retracement: The current price is hovering near the 61.8% Fibonacci support level, a historically strong bounce point.
2. Relative Strength Index (RSI): PROS' RSI has dipped to 32.5, indicating oversold conditions and a likely reversal.
3. Moving Averages: The 50-day MA ($0.45) and 100-day MA ($0.51) are converging, signaling a breakout.
4. Volume Analysis: Decreasing volume during the dip suggests bearish exhaustion.
Projection:
Based on these indicators, we predict a 75% price increase to $0.7 within the next week. This would represent a:
$0.4018 (current) → $0.7 (projected)
= 74.57% increase
Key Levels:
Support: $0.38
Resistance: $0.55
Target: $0.7
Disclaimer:
Cryptocurrency markets are volatile. This analysis is for informational purposes only, not investment advice.
#Skyrockets
🟢SCR PRICE SURGE ALERT: 46% GAIN IMMINENT🟢
Current Price: $0.829 (-9.10%)
Projected Price: $1.21 (46% increase)
Timeframe: Next 24 hours
Analysis:
1. Rebound Potential: After a 9.10% drop, SCR may experience a bounce-back effect.
2. Technical Indicators: RSI (34.5) suggests oversold conditions, favoring a price reversal.
3. Chart Patterns: Potential inverse head-and-shoulders formation, indicating a bullish reversal.
4. Market Sentiment: Shift from bearish to bullish, driven by speculative buying.
Investment Strategy:
1. Buy SCR at current price ($0.829).
2. Set target price at $1.21 (46% gain).
3. Consider stop-loss at $0.75 (9% below current price).
Risks and Considerations:
1. Market volatility.
2. Unpredictable price movements.
3. Potential false breakout.
Action Plan:
1. Monitor SCR price movements closely.
2. Adjust investment strategy according to market changes.
Disclaimer:
Cryptocurrency markets are highly volatile. This analysis is for informational purposes only. Invest wisely!
$SCR #Skyrockets
#newcard
Current Price: $0.829 (-9.10%)
Projected Price: $1.21 (46% increase)
Timeframe: Next 24 hours
Analysis:
1. Rebound Potential: After a 9.10% drop, SCR may experience a bounce-back effect.
2. Technical Indicators: RSI (34.5) suggests oversold conditions, favoring a price reversal.
3. Chart Patterns: Potential inverse head-and-shoulders formation, indicating a bullish reversal.
4. Market Sentiment: Shift from bearish to bullish, driven by speculative buying.
Investment Strategy:
1. Buy SCR at current price ($0.829).
2. Set target price at $1.21 (46% gain).
3. Consider stop-loss at $0.75 (9% below current price).
Risks and Considerations:
1. Market volatility.
2. Unpredictable price movements.
3. Potential false breakout.
Action Plan:
1. Monitor SCR price movements closely.
2. Adjust investment strategy according to market changes.
Disclaimer:
Cryptocurrency markets are highly volatile. This analysis is for informational purposes only. Invest wisely!
$SCR #Skyrockets
#newcard
CEOS! Watch out #HMSTR The millionaire mindset.
Hamster Kombat's price could surge to $0.07 in early 2025 due to a combination of viral marketing, celebrity endorsements, and limited-time offers. #Skyrockets
If Hamster Kombat achieves a viral coefficient of 2, a 50% increase in sales from celebrity endorsements, and a 30% increase from limited-time offers, it could reach a market demand of approximately 0.036 units for $0.07. #HMSTRProfitHunt
#MillionaireMindset
Hamster Kombat's price could surge to $0.07 in early 2025 due to a combination of viral marketing, celebrity endorsements, and limited-time offers. #Skyrockets
If Hamster Kombat achieves a viral coefficient of 2, a 50% increase in sales from celebrity endorsements, and a 30% increase from limited-time offers, it could reach a market demand of approximately 0.036 units for $0.07. #HMSTRProfitHunt
#MillionaireMindset
🚀 Hamster Kombat Token Multiplier: Transforming 1,300 into 50,000 and Beyond! 🐹💰
Congratulations on holding 1,300 Hamster Kombat ($HMSTR ) tokens! Are you ready to embark on an exciting journey to potentially grow your holdings to an impressive 50,000 tokens? This strategic guide will help you navigate the crypto landscape and maximize your profits. Let’s dive in!
Phase 1: Research and Preparation (Before Investing) #Skyrockets
1. Stay Informed: Keep a close eye on $HMSTR news, developments, and market trends. Understanding the project’s progress can give you valuable insights.
2. Market Sentiment: Analyze the overall sentiment of the crypto market. Identify growth drivers like major events or partnerships that could propel $HMSTR forward.
3. Set Clear Goals: Define your targets clearly—aim for 50,000 tokens and establish a desired profit margin. Having a goal gives you direction and motivation.
Phase 2: Token Accumulation (Short-Term) #TrumpDeFi
1. Buy the Dips: Take advantage of market dips by holding and accumulating more HMSTR tokens. Every little bit counts toward your goal!
2. Dollar-Cost Averaging: Consider investing smaller amounts regularly to reduce the impact of volatility. This strategy helps you buy tokens consistently, regardless of price fluctuations.
3. Monitor Your Portfolio: Regularly review and adjust your portfolio to stay aligned with your investment strategy. Adaptability is key in the crypto world!
Phase 3: Strategic Investing (Mid-Term) #USStockEarningsSeason
1. Spot Opportunities: Identify potential partnerships, updates, or events that could significantly boost $HMSTR ’s value. Knowledge is power!
2. Diversify Your Investments: Explore investing in complementary cryptocurrencies to build a more resilient portfolio. This diversification can mitigate risk and open new growth avenues.
3. Earning Passive Income: Consider staking or yield farming with your HMSTR tokens. This can generate passive income while you hold your assets.
Phase 4: Trading and Scaling (Long-Term) #BinanceLabsInvestsLombard
1. Develop a Trading Strategy: Whether it’s swing trading or scalping, create a strategy that suits your risk tolerance and goals. A clear plan will enhance your trading efficiency.
2. Risk Management: Use stop-loss and take-profit orders to safeguard your investments. Protecting your gains and limiting losses is essential in the volatile crypto market.
3. Scale Your Investments: As HMSTR grows, reinvest your profits to accumulate more tokens. The compounding effect can significantly enhance your holdings.
Turning 1,300 into 50,000 Tokens
Imagine the possibilities with a 100x growth from $0.015 to $1.50! Here’s a breakdown of your potential journey:
Initial Investment: 1,300 tokens x $0.015 = $19.50
Potential Value at $1.50: 1,300 tokens x $1.50 = $1,950
To Reach 50,000 Tokens: Use your profits wisely, continue to accumulate more tokens, and repeat the process.
⚠️ Disclaimer:
Cryptocurrency investments carry inherent risks. This guide is not investment advice. Always conduct thorough research, consult with experts, and invest only what you can afford to lose.
---
Patience and strategic decision-making are crucial in your Hamster Kombat token journey. With the right approach, turning 1,300 HMSTR into 50,000 tokens is not just a dream—it's a potential reality! Best of luck, and let’s make those profits soar! 🌟🐹 #HMSTRRecovery #Binance #CryptoJourney
Phase 1: Research and Preparation (Before Investing) #Skyrockets
1. Stay Informed: Keep a close eye on $HMSTR news, developments, and market trends. Understanding the project’s progress can give you valuable insights.
2. Market Sentiment: Analyze the overall sentiment of the crypto market. Identify growth drivers like major events or partnerships that could propel $HMSTR forward.
3. Set Clear Goals: Define your targets clearly—aim for 50,000 tokens and establish a desired profit margin. Having a goal gives you direction and motivation.
Phase 2: Token Accumulation (Short-Term) #TrumpDeFi
1. Buy the Dips: Take advantage of market dips by holding and accumulating more HMSTR tokens. Every little bit counts toward your goal!
2. Dollar-Cost Averaging: Consider investing smaller amounts regularly to reduce the impact of volatility. This strategy helps you buy tokens consistently, regardless of price fluctuations.
3. Monitor Your Portfolio: Regularly review and adjust your portfolio to stay aligned with your investment strategy. Adaptability is key in the crypto world!
Phase 3: Strategic Investing (Mid-Term) #USStockEarningsSeason
1. Spot Opportunities: Identify potential partnerships, updates, or events that could significantly boost $HMSTR ’s value. Knowledge is power!
2. Diversify Your Investments: Explore investing in complementary cryptocurrencies to build a more resilient portfolio. This diversification can mitigate risk and open new growth avenues.
3. Earning Passive Income: Consider staking or yield farming with your HMSTR tokens. This can generate passive income while you hold your assets.
Phase 4: Trading and Scaling (Long-Term) #BinanceLabsInvestsLombard
1. Develop a Trading Strategy: Whether it’s swing trading or scalping, create a strategy that suits your risk tolerance and goals. A clear plan will enhance your trading efficiency.
2. Risk Management: Use stop-loss and take-profit orders to safeguard your investments. Protecting your gains and limiting losses is essential in the volatile crypto market.
3. Scale Your Investments: As HMSTR grows, reinvest your profits to accumulate more tokens. The compounding effect can significantly enhance your holdings.
Turning 1,300 into 50,000 Tokens
Imagine the possibilities with a 100x growth from $0.015 to $1.50! Here’s a breakdown of your potential journey:
Initial Investment: 1,300 tokens x $0.015 = $19.50
Potential Value at $1.50: 1,300 tokens x $1.50 = $1,950
To Reach 50,000 Tokens: Use your profits wisely, continue to accumulate more tokens, and repeat the process.
⚠️ Disclaimer:
Cryptocurrency investments carry inherent risks. This guide is not investment advice. Always conduct thorough research, consult with experts, and invest only what you can afford to lose.
---
Patience and strategic decision-making are crucial in your Hamster Kombat token journey. With the right approach, turning 1,300 HMSTR into 50,000 tokens is not just a dream—it's a potential reality! Best of luck, and let’s make those profits soar! 🌟🐹 #HMSTRRecovery #Binance #CryptoJourney
Top Meme Coins WIF, PEPE, SHIB, FLOKI, and BONK Skyrocket Triple Digits
DOGE sees an increase of 70% over the week, a modest rise compared to its meme token counterparts.
Despite Bitcoin's slight decline to just under $62,000, meme tokens have stolen the spotlight with astonishingly high returns, with Dogwifhat (WIF) spearheading the trend.
Though there was a minor drop in the total cryptocurrency market value in 24 hours, it has surged by over $100 billion within the week.
With renewed vigor, the crypto bull market charges ahead as previously under-the-radar assets amass significant value. Dogecoin, the original meme token icon, reenters the top 10 largest cryptocurrencies with a 70% increase, nearing $0.14.
Shiba Inu, a fierce DOGE competitor, outshines with an impressive 130% weekly increase. To understand the reasons behind its rise, one can explore further details.
While BONK also doubles in value over the week, PEPE, FLOKI, and particularly WIF have seen even more dramatic rises.
PEPE soars by 240%, reaching a several-month high, while FLOKI climbs back into the top 100 after a 270% weekly leap, and WIF continuously hits new all-time highs, inflating nearly 400% in a week, with its price approaching $1.7.
The entire cryptocurrency market displays remarkable gains over the week as noted in the attached graph, accounting for a $120 billion increase in market cap since the previous Sunday.
Bitcoin ended February on a high note with an unprecedented rise from $42,000 to $64,000, before settling at $62,000.
In just one week, Bitcoin saw a significant rally from $51,000 to almost reach its historic peak, yet it has recently struggled to cross the $62,000 threshold. Bitcoin's market capitalization maintains a stronghold above $1.2 trillion despite a small pullback, ranking it among the top 10 financial assets by market cap. Nevertheless, its dominance has diminished slightly by more than 1% and is now just below 50% according to CoinGecko.
#MemeCoinKing #Skyrockets #SHIBA✅🚀 🚀 #BONK ❓ #PEPE
DOGE sees an increase of 70% over the week, a modest rise compared to its meme token counterparts.
Despite Bitcoin's slight decline to just under $62,000, meme tokens have stolen the spotlight with astonishingly high returns, with Dogwifhat (WIF) spearheading the trend.
Though there was a minor drop in the total cryptocurrency market value in 24 hours, it has surged by over $100 billion within the week.
With renewed vigor, the crypto bull market charges ahead as previously under-the-radar assets amass significant value. Dogecoin, the original meme token icon, reenters the top 10 largest cryptocurrencies with a 70% increase, nearing $0.14.
Shiba Inu, a fierce DOGE competitor, outshines with an impressive 130% weekly increase. To understand the reasons behind its rise, one can explore further details.
While BONK also doubles in value over the week, PEPE, FLOKI, and particularly WIF have seen even more dramatic rises.
PEPE soars by 240%, reaching a several-month high, while FLOKI climbs back into the top 100 after a 270% weekly leap, and WIF continuously hits new all-time highs, inflating nearly 400% in a week, with its price approaching $1.7.
The entire cryptocurrency market displays remarkable gains over the week as noted in the attached graph, accounting for a $120 billion increase in market cap since the previous Sunday.
Bitcoin ended February on a high note with an unprecedented rise from $42,000 to $64,000, before settling at $62,000.
In just one week, Bitcoin saw a significant rally from $51,000 to almost reach its historic peak, yet it has recently struggled to cross the $62,000 threshold. Bitcoin's market capitalization maintains a stronghold above $1.2 trillion despite a small pullback, ranking it among the top 10 financial assets by market cap. Nevertheless, its dominance has diminished slightly by more than 1% and is now just below 50% according to CoinGecko.
#MemeCoinKing #Skyrockets #SHIBA✅🚀 🚀 #BONK ❓ #PEPE
*DASH* 💸
Signal Type [Spot] 🚀
Entry ： 36 to 38
Sell : _|40 |42 |44| 46 |48|_
*Can hold for $60+*
SL : 35
Enjoy Free VIP Signal .
Thank You🌹
#btc #HotTrends #Skyrockets #dash #signal
Signal Type [Spot] 🚀
Entry ： 36 to 38
Sell : _|40 |42 |44| 46 |48|_
*Can hold for $60+*
SL : 35
Enjoy Free VIP Signal .
Thank You🌹
#btc #HotTrends #Skyrockets #dash #signal
$NOT price today is $ 0.016382 with a 24-hour trading volume of $ 1.70B, market cap of $ 1.68B, and market dominance of 0.07%. The NOT price increased 1.24% in the last 24 hours, it bullrun start soo 🤞🏻
#Notcoinnews
#Skyrockets
#Notcoinnews
#Skyrockets
$DOGE
The recent news about adding the coin as payment method!!! This will skyrocket the coin ..
Let us watch and learn 😅😅😅
#EloneMusk #doge #Skyrockets
The recent news about adding the coin as payment method!!! This will skyrocket the coin ..
Let us watch and learn 😅😅😅
#EloneMusk #doge #Skyrockets
🚫REFINANCING DEMAND SKYROCKETS AS MORTGAGE RATES DROP 🚫
Mortgage rates have dipped, sparking a 35% surge in refinancing applications last week, according to the Mortgage Bankers Association (MBA).
Overall mortgage demand rose 15%, driven by this spike in refinances, while purchase applications only increased by 3%.
Year-over-year, refinancing demand soared 118%, with VA loan applications up 77%.
Experts caution this might be a temporary boost as mortgage bond prices fluctuate.
#Skyrockets #Mortgage #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn
Mortgage rates have dipped, sparking a 35% surge in refinancing applications last week, according to the Mortgage Bankers Association (MBA).
Overall mortgage demand rose 15%, driven by this spike in refinances, while purchase applications only increased by 3%.
Year-over-year, refinancing demand soared 118%, with VA loan applications up 77%.
Experts caution this might be a temporary boost as mortgage bond prices fluctuate.
#Skyrockets #Mortgage #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn
$1000SATS Ready To 9 Series Wait and Watch
Hold Sats #Memecoins #SATS1000 #BinanceLaunchpool #Skyrockets Purchase near 53
Hold Sats #Memecoins #SATS1000 #BinanceLaunchpool #Skyrockets Purchase near 53
#MyFirstSquarePost Hello, Binance Square! Hello Binance! Don´t miss out to check on our their friend #LUNA I always keep some hold of it in my #wallet🔥 ^^ In case it #Skyrockets #Write2Earn :)
$SHIB Burn Rate #Skyrockets After Crucial SHIB Upgrade Announcement
Shibburn, a popular wallet tracker, has released an update on a crucial Shiba Inu metric it closely monitors. Following the announcement of a significant Shibarium upgrade scheduled in less than a week, there has been a notable surge in the SHIB burn rate, accompanied by a substantial transfer of meme coins out of the circulating supply.
Surge in SHIB Burn Rate
- In the past 24 hours, the SHIB community has diligently burned 45,168,738 million Shiba Inu meme coins, resulting in an impressive 88.32% increase in the overall daily SHIB burn rate. Among the largest burns recorded are transactions totaling 35,852,170, 6,261,928, and 1,000,000 SHIB, all directed to unspendable blockchain addresses.
- Overall, the SHIB community has successfully burned a staggering 410,726,100,388,767 SHIB, while the total circulating supply remains at 582,881,498,855,693 SHIB.
- Notably, 419 trillion meme coins have been permanently locked in the SHIB burn wallet, holding the largest-ever amount of SHIB, according to a recent report by the Arkham Intelligence platform.
- Furthermore, 6,392,400,755,539 SHIB are currently locked in staking #DEFI platforms and exchanges, representing "temporarily burned" coins as they are not in circulation in the market.
Upcoming Hard Fork Announcement
- In recent announcements, the official Twitter/X account of the Shiba Inu token revealed that a hard fork of the Shibarium chain is scheduled for May 2. This major upgrade aims to significantly enhance the speed of new block production and ensure predictable transaction fees, leveling the playing field for all users.
- The hard fork is expected to unlock new possibilities for Shibarium users and streamline engagement with this Layer-2 blockchain. Additionally, the SHIB team has raised $12 million for the development of a Layer-3 blockchain on top of Shibarium, aimed at bolstering security and privacy for users and their transactions.
Source - u.today
#CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency
Shibburn, a popular wallet tracker, has released an update on a crucial Shiba Inu metric it closely monitors. Following the announcement of a significant Shibarium upgrade scheduled in less than a week, there has been a notable surge in the SHIB burn rate, accompanied by a substantial transfer of meme coins out of the circulating supply.
Surge in SHIB Burn Rate
- In the past 24 hours, the SHIB community has diligently burned 45,168,738 million Shiba Inu meme coins, resulting in an impressive 88.32% increase in the overall daily SHIB burn rate. Among the largest burns recorded are transactions totaling 35,852,170, 6,261,928, and 1,000,000 SHIB, all directed to unspendable blockchain addresses.
- Overall, the SHIB community has successfully burned a staggering 410,726,100,388,767 SHIB, while the total circulating supply remains at 582,881,498,855,693 SHIB.
- Notably, 419 trillion meme coins have been permanently locked in the SHIB burn wallet, holding the largest-ever amount of SHIB, according to a recent report by the Arkham Intelligence platform.
- Furthermore, 6,392,400,755,539 SHIB are currently locked in staking #DEFI platforms and exchanges, representing "temporarily burned" coins as they are not in circulation in the market.
Upcoming Hard Fork Announcement
- In recent announcements, the official Twitter/X account of the Shiba Inu token revealed that a hard fork of the Shibarium chain is scheduled for May 2. This major upgrade aims to significantly enhance the speed of new block production and ensure predictable transaction fees, leveling the playing field for all users.
- The hard fork is expected to unlock new possibilities for Shibarium users and streamline engagement with this Layer-2 blockchain. Additionally, the SHIB team has raised $12 million for the development of a Layer-3 blockchain on top of Shibarium, aimed at bolstering security and privacy for users and their transactions.
Source - u.today
#CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency
🔥🔥🔥 #ETHBTC Ratio #Skyrockets 🚀🚀🚀 From Three-Year Low As Open Interest Records $14.68 Billion! What’s Next For $ETH Price?
Ether Surges Over 20% Amidst ETF Speculation
- Eric Balchunas' bullish remarks from Bloomberg propelled Ether's price up by over 20%, shifting the likelihood of an Ethereum exchange-traded fund (ETF) approval from 25% to 75%. This news also rejuvenated the ETHBTC ratio, bouncing back from a three-year low. Simultaneously, Ethereum futures open interest soared to a remarkable $14.68 billion, suggesting potential further upticks in the near future.
Record-Breaking Open Interest
- Ether (ETH) futures have surged in popularity due to optimism about potential U.S. spot ETH ETF approval. Notional open interest jumped 25% to $14.6 billion, indicating significant bullish capital influx. Ether's price rose by 17.5% to $3,700, confirming the upward trend.
#ETFApproval Optimism
- Bloomberg's ETF analysts raised the likelihood of SEC approval for spot ETH ETFs from 25% to 75%. The SEC's call for expedited updates to 19b-4 filings suggests a faster approval process, fueling hopes in the crypto community.
Market Analysis and Outlook
- Crypto analyst Van De Poppe suggests a bullish reversal for Ethereum as the ETHBTC ratio rebounds, indicating weakening bearish momentum. Attention is on ETH options expiries with $3.22 billion open interest by May 31 on Deribit. The SEC's decision on the VanEck spot ether ETF by May 23 is pivotal for the market.
What's Next for ETH Price?
- Ether faces resistance at $3,720, yet remains supported above the 20-day EMA at $3,300. #Bulls aim to breach resistance to confirm an uptrend, targeting $4,100 and possibly $4,500. Bears seek to push below the 20-day EMA and $3,000 support, risking a decline towards the channel's support line.
- As of writing, ETH price trades at $3,665, reflecting an 18% surge in the last 24 hours. Bulls and bears are poised for a decisive battle, shaping Ethereum's short-term trajectory.
Source - blockchainreporter.net
Ether Surges Over 20% Amidst ETF Speculation
- Eric Balchunas' bullish remarks from Bloomberg propelled Ether's price up by over 20%, shifting the likelihood of an Ethereum exchange-traded fund (ETF) approval from 25% to 75%. This news also rejuvenated the ETHBTC ratio, bouncing back from a three-year low. Simultaneously, Ethereum futures open interest soared to a remarkable $14.68 billion, suggesting potential further upticks in the near future.
Record-Breaking Open Interest
- Ether (ETH) futures have surged in popularity due to optimism about potential U.S. spot ETH ETF approval. Notional open interest jumped 25% to $14.6 billion, indicating significant bullish capital influx. Ether's price rose by 17.5% to $3,700, confirming the upward trend.
#ETFApproval Optimism
- Bloomberg's ETF analysts raised the likelihood of SEC approval for spot ETH ETFs from 25% to 75%. The SEC's call for expedited updates to 19b-4 filings suggests a faster approval process, fueling hopes in the crypto community.
Market Analysis and Outlook
- Crypto analyst Van De Poppe suggests a bullish reversal for Ethereum as the ETHBTC ratio rebounds, indicating weakening bearish momentum. Attention is on ETH options expiries with $3.22 billion open interest by May 31 on Deribit. The SEC's decision on the VanEck spot ether ETF by May 23 is pivotal for the market.
What's Next for ETH Price?
- Ether faces resistance at $3,720, yet remains supported above the 20-day EMA at $3,300. #Bulls aim to breach resistance to confirm an uptrend, targeting $4,100 and possibly $4,500. Bears seek to push below the 20-day EMA and $3,000 support, risking a decline towards the channel's support line.
- As of writing, ETH price trades at $3,665, reflecting an 18% surge in the last 24 hours. Bulls and bears are poised for a decisive battle, shaping Ethereum's short-term trajectory.
Source - blockchainreporter.net
$JASMY doesn’t need hype.
The community is much stronger..🔥🚀🔥
#JasmyCoinJourney #jasmyrocket #Skyrockets #BULLishWithBULL
The community is much stronger..🔥🚀🔥
#JasmyCoinJourney #jasmyrocket #Skyrockets #BULLishWithBULL
It was probably nothing.
$NOT a coin.
So it has no limits.
💎🚀🐂
#NOT🔥🔥🔥
#Notcoinnews
#Notcoin👀🔥
#Skyrockets
$NOT a coin.
So it has no limits.
💎🚀🐂
#NOT🔥🔥🔥
#Notcoinnews
#Notcoin👀🔥
#Skyrockets
🚀🚀🚀 Solana ($SOL ) #Skyrockets 1,966% in Fund Flows: Is Solana ETF Possibility?
Solana (SOL) has recently witnessed an extraordinary surge in fund inflows, experiencing a remarkable increase of 1,966% within just a week. This surge firmly positions SOL as a standout leader in alternative #cryptocurrency -focused investment products, marking a significant milestone in its trajectory.
According to the latest report from CoinShares, an impressive $5.9 million has been directed towards SOL-related products during this short timeframe. This surge not only underscores SOL's dominance but also represents a nearly twenty-fold increase in inflows into Solana ETPs, amounting to a noteworthy $17 million since the beginning of the year.
While SOL experiences this notable uptrend, the broader market landscape tells a different story. Although investment products for digital assets saw a commendable $130 million inflow, volumes for ETPs witnessed a significant decline, dropping from April's $17 billion to $8 billion.
This trend indicates a decreasing involvement of ETP investors in the cryptocurrency ecosystem, now accounting for only 22% of the total volume on reputable global exchanges.
Speculation Surrounding a Solana ETF
- With the growing interest from traditional investors in SOL, speculation arises regarding the possibility of a Solana ETF.
- However, the feasibility of such an ETF closely hinges on the fate of the #EthereumETF . Given the regulatory obstacles it faces, the path to a Solana ETF appears equally challenging.
- Notably, regulatory uncertainty looms over the status of the Ethereum ETF, compounded by the SEC's classification of SOL as an unregistered security in last year's case against the Kraken exchange, further adding to the ambiguity.
- As investors eagerly await clarity on the ETF front, the potential for a Solana ETF remains speculative, contingent upon regulatory developments and the resolution of Ethereum's ETF dilemma.
Source - u.today
#CryptoNews🔒📰🚫 #BinanceSquareTalks
Solana (SOL) has recently witnessed an extraordinary surge in fund inflows, experiencing a remarkable increase of 1,966% within just a week. This surge firmly positions SOL as a standout leader in alternative #cryptocurrency -focused investment products, marking a significant milestone in its trajectory.
According to the latest report from CoinShares, an impressive $5.9 million has been directed towards SOL-related products during this short timeframe. This surge not only underscores SOL's dominance but also represents a nearly twenty-fold increase in inflows into Solana ETPs, amounting to a noteworthy $17 million since the beginning of the year.
While SOL experiences this notable uptrend, the broader market landscape tells a different story. Although investment products for digital assets saw a commendable $130 million inflow, volumes for ETPs witnessed a significant decline, dropping from April's $17 billion to $8 billion.
This trend indicates a decreasing involvement of ETP investors in the cryptocurrency ecosystem, now accounting for only 22% of the total volume on reputable global exchanges.
Speculation Surrounding a Solana ETF
- With the growing interest from traditional investors in SOL, speculation arises regarding the possibility of a Solana ETF.
- However, the feasibility of such an ETF closely hinges on the fate of the #EthereumETF . Given the regulatory obstacles it faces, the path to a Solana ETF appears equally challenging.
- Notably, regulatory uncertainty looms over the status of the Ethereum ETF, compounded by the SEC's classification of SOL as an unregistered security in last year's case against the Kraken exchange, further adding to the ambiguity.
- As investors eagerly await clarity on the ETF front, the potential for a Solana ETF remains speculative, contingent upon regulatory developments and the resolution of Ethereum's ETF dilemma.
Source - u.today
#CryptoNews🔒📰🚫 #BinanceSquareTalks
