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🐸🐶🐕Meme Coin Craze Shiba Inu, Dogecoin, Dogwifhat and PEPE Support Billion Dollar Bull Wave Memecoins led by #ShibaInu and #Dogecoin , the two largest memecoins by market capitalization, have emerged as unexpected leaders, enjoying an unprecedented increase in returns amid the recent rise of the crypto market. The data released by CoinGecko on Wednesday showcased the average return of memecoins of a staggering 1,312% in the first quarter of 2024, a feat that has surpassed the gains achieved by traditional crypto assets such as Bitcoin, Ethereum and Solana. According to a blog of the firm, the surge of memecoins is the 1st of 2024. It underlined their dominance as the most profitable crypto narrative in the quarter. The firm stated that meme coins are the most profitable crypto expression, noting that they provide an average return of 1,312.6% among the top tokens in this category Dec In particular, the rise of meme coins was supported by the introduction of new tokens, including the MEME BOOK, which contributed to the solid performance of the narrative. In particular Oct, the viral sensation surrounding the Solana-based meme coin dogwifhat (WIF) has fueled the ongoing enthusiasm surrounding meme coins, increasing its gain of 2,721.2% year to date. The extraordinary profitability of meme coins has highlighted their dominance in the Sunday by providing a striking contrast with other crypto narratives. The firm also said that meme coins are 33.3 times more profitable than the Layer 2 narrative, and this year's 1. He stressed that the lowest return was achieved in the quarter. #Memecoins #pepe

🐸🐶🐕Meme Coin Craze Shiba Inu, Dogecoin, Dogwifhat and PEPE Support Billion Dollar Bull Wave

Memecoins led by #ShibaInu and #Dogecoin , the two largest memecoins by market capitalization, have emerged as unexpected leaders, enjoying an unprecedented increase in returns amid the recent rise of the crypto market.

The data released by CoinGecko on Wednesday showcased the average return of memecoins of a staggering 1,312% in the first quarter of 2024, a feat that has surpassed the gains achieved by traditional crypto assets such as Bitcoin, Ethereum and Solana.

According to a blog of the firm, the surge of memecoins is the 1st of 2024. It underlined their dominance as the most profitable crypto narrative in the quarter. The firm stated that meme coins are the most profitable crypto expression, noting that they provide an average return of 1,312.6% among the top tokens in this category Dec

In particular, the rise of meme coins was supported by the introduction of new tokens, including the MEME BOOK, which contributed to the solid performance of the narrative. In particular Oct, the viral sensation surrounding the Solana-based meme coin dogwifhat (WIF) has fueled the ongoing enthusiasm surrounding meme coins, increasing its gain of 2,721.2% year to date.

The extraordinary profitability of meme coins has highlighted their dominance in the Sunday by providing a striking contrast with other crypto narratives. The firm also said that meme coins are 33.3 times more profitable than the Layer 2 narrative, and this year's 1. He stressed that the lowest return was achieved in the quarter.

#Memecoins #pepe

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🐸🦈PEPE Price Rises as Whale Accumulates 4 Trillion Pepe Coins At what stages as a bullish event in the cryptocurrency environment, a #PEPE whale attracted global attention today, May 3, by accumulating large amounts from the frog-themed meme token. The transaction, which occurred in the midst of the token's nearly 9% price increase, ignited a Deceleration of optimism among crypto market participants. Whale Data Gives Hope to Pepe According to the data announced by the in-chain analysis platform Whale Alert, an astonishing accumulation of 4.04 trillion pepe was recorded today on May 3. The accumulation, which came with Pepe's price increase of about 9%, was carried out by an unknown wallet via the cryptocurrency trading platform Paribu. Further underscoring the confidence in the asset, this huge accumulation reflects a potential bullish path for the upcoming frog-themed token. October Deceleration By the way, it is worth noting that if the pressure for further purchases continues, as in the above-mentioned transaction, the bulls could potentially take control of the token and push for additional gains. a meme coin whale has accumulated huge amounts of Pepe Coin futures, contributing to the token's upward trend in the market. Collectively, the whale data hovering above the crypto horizon pointed to a potentially ongoing price increase for the token over the long term, and the on-chain data underscored the market bullish trend at press time. #PEPEUSDT #memecoins #binance
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🔥💥Cardano Price Analysis: Bottom Formation at $0.4 Allows $ADA to Rise by 15% #Cardano Price Analysis: #ADA the domestic cryptocurrency of the Cardano ecosystem, has stopped the correction trend with support at $ 0.428. The demand pressure on this floor is evidenced by the multiple low price rejection candles on the daily chart observed over three weeks. Will the Bitcoin price try to regain $60000, will it support the ADA price in such a way that it offers a sustainable bottom above $0.4 and will it return to the recovery trend? The near-term trend in the Cardano price is still bearish, as evidenced by the bearish trend on the daily chart. This dynamic resistance reduced the altcoin value from $ 81 to $ 0.39, recording a 50% loss. However, the ADA price witnessed an increase in demand pressure above $ 0.4, which prevented further correction of the asset. With the reversal of the Bitcoin price from $ 56500, the ADA price bounced back from 9% to reach the current trading price of $ 0.456. Moreover, a recent tweet from the famous cryptocurrency trader alicharts discussed a potentially bullish trend for Cardano (ADA). Alicharts drew attention to a buy signal on the ADA daily chart using the TD Sequential indicator, which is respected for its ability to identify turning points in price trends. This indicator indicates a possible end to the latest corrective phase of the ada and a recovery in the price may occur in the next one to four days. Thus, a daily candle closing above the general trend line will support the recovery theory and allow buyers to challenge the $0.52 barrier. Technical Indicator: Relative Strength Index: The high low pattern on the daily RSI slope highlights the rising bullish momentum for the ADA price around the $0.4 level. BB Indicator: The narrow December of the Bollinger band indicator highlights an increase in market uncertainty or potential consolidation before the next directional move. #altcoins #binance
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🚀🚀 🚀 XRP News: Analyst Predicts XRP to Reach $1.88 Amid Price Surge #XRP , a cryptocurrency backed by Ripple Labs, attracted the attention of investors today as its price recovered after a significant move in the red. Interestingly, in the midst of this upward movement initiated by the #Ripple -backed token, a famous crypto analyst shared an optimistic forecast for the future price of XRP. The prediction, which indicated that XRP's $1.88 price target was achievable, quickly attracted a lot of attention in the broader crypto Sunday. Let's take a closer look at Dark Defender's XRP price analysis, which predicts that the token will reach $ 1.88 in the near future. Dark Defender Says $1.88 Price Target Is 'Getting Closer' In a recent post, the analyst draws attention to a detailed analysis of the weekly time frame of XRP and shows that, according to the Elliott Wave theory, the cryptocurrency is approaching its target of $ 1.88. The analysis highlights the vital Fibonacci levels and XRP manages to maintain its position above the critical 38.20% level at the $0.4623 level. Although the last Fibonacci Level was $ 0.3917 while XRP was in correction, the current movement of the token is creating a bullish trend among investors. Dec. In addition, attention was drawn to the formation of a potential Triangle with $ 0.5286, which is defined as an important support zone (Blue Support) for the token. Moreover, the analysis shows that after exceeding $ 1, according to the rules of Elliott theory, $ 5.85 and $ 18.22 tokens with a scale of 3. He suggests that wave targets could expand even further. These Decrees seem to have ignited a feeling of frenzy among crypto market participants globally, but it's also worth noting that Dark Defender claimed that XRP would reach $1 in April, but this did not happen. However, the analyst continues to declare that the $ 1 target is definitely ahead for XRP, which arouses great interest. #binance #XRPUSDT
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😱 🇺🇲US data brought big rise in Bitcoin in seconds Non-agricultural employment data for April in the US has been announced. The number of new job entrants was 175 thousand and the unemployment rate was 3.9%. After the announcement of the figures, there was an increase in #Bitcoin close to $ 1000. The highly anticipated non-agricultural employment data in the US seems to have come as investors wanted. In an environment where the #Fed expects the economy to cool down for an interest rate cut, the number of people entering work came in below expectations, and the unemployment rate came in above expectations. The non-agricultural employment figure expected as 243 thousand for April came in at 175 thousand, and the unemployment rate expected as 3.8% came in at 3.9%. After the official announcement of the data, Bitcoin exceeded 60 thousand dollars with a rise of more than a thousand dollars. #BTC #binance
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😱😱😱Dogecoin Breaks Out Of Descending Triangle Like It Did In 2021, Analyst Sets $6 Target The analyst believes that everything is still fine with Dogecoin, and the crypto asset is only preparing for a bull run into new price zones. #Dogecoin Repeats Behavior From Previous Bull Run According to a recent analysis by popular crypto analyst Ali Martinez, Dogecoin's current price action is preparing for a potential bull run despite the cryptocurrency's ongoing price correction. His analysis is based on interesting patterns in the Dogecoin price chart. Although they are a very volatile asset class, patterns are an interesting way to predict the future movement of cryptocurrencies. Now, Dogecoin seems to be repeating some of the same patterns that led to a major breakout in 2017 and 2021. Specifically, #DOGE emerged from the descending triangle pattern in the last quarter of 2023, which is apparently an emerging trend and the first step for the cryptocurrency. As Martinez noted, the first time this breakout happened was in 2017. However, DOGE went into a 40% correction before resuming a bull run of 982% soon after. Again, a similar breakout of a descending triangle in 2021 saw the crypto retreat by 56% before skyrocketing by 12,197% to reach an all-time high of $0.7316. Now, the recent DOGE correction after exiting a descending triangle last month means that the crypto could be preparing for a similar bounce. According to the DOGE price chart shared by Martinez, the first step is to break above the resistance at $ 0.224. If it can block this level, it will run back to the high of 2021 and provide a push towards the initial target of about $ 1.2. Looking further ahead, Martinez's chart shows an eventual price increase above $6 in this bull cycle. For this to happen, Dogecoin will need to gain momentum and recover over 4,700% from current levels in the coming months. Although this price point may seem too successful, Dogecoin has staged epic rallies before, rising over 12,000% at some point in 2021 alone. #memecoins #binance
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