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🔹 Record low commissions on the Ethereum blockchain On May 11, gas fees on the Ethereum blockchain dropped to 6 Gwei. The last time the indicator was at this level was in January 2020. 🗣 At these values, exchanging coins would cost an average of $6.2, selling NFTs would cost about $10.5, borrowing would cost $5.7, and cross-chain transfer would cost $2. 👍 A decrease in network fees began to occur after the launch of the Dencun hard fork. $ETH #ETH #Ethereum #DencunUpgrade

🔹 Record low commissions on the Ethereum blockchain

On May 11, gas fees on the Ethereum blockchain dropped to 6 Gwei. The last time the indicator was at this level was in January 2020.

🗣 At these values, exchanging coins would cost an average of $6.2, selling NFTs would cost about $10.5, borrowing would cost $5.7, and cross-chain transfer would cost $2.

👍 A decrease in network fees began to occur after the launch of the Dencun hard fork.

$ETH #ETH #Ethereum #DencunUpgrade

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Coin : GALA / USDT - SHORT SIGNAL 📉 Time Interval: 1h 🕗 Price : 0.04165 ------------- Based on the financial indicators for GALAUSDT on the 1-hour timeframe, I recommend selling. The price is currently below the SMA and EMA levels, indicating a bearish trend. Additionally, the RSI is below 50, suggesting potential further downward movement. 🟢 Take Profit: 0.039 🔴 Stop Loss: 0.043 Remember to monitor the price closely as it approaches the stop loss level and consider adjusting your position accordingly. $GALA #GALA #signals
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⭐️ Investors Trust Shiba Inu and Dogecoin Shiba Inu and Dogecoin have maintained their popularity among cryptocurrency enthusiasts, despite recent declines in their market sentiment and prices. The sentiment towards these meme coins dropped, prompting investors to reconsider their investment strategies and potential reinvestment opportunities. 🔸 Why Are Investors Interested in Meme Coins? The Fear and Greed Index, a tool used to gauge market sentiment, has revealed a notable shift in how investors view Shiba Inu and Dogecoin. This scale shows that a high score signals strong investor interest, while a low score indicates caution. The recent rebound in the cryptocurrency market has pushed the sentiment for both coins into the ‘extreme greed’ category, capturing the attention of potential investors. According to CFGI data, Shiba Inu’s sentiment score has skyrocketed to 83, signaling extreme greed. Dogecoin follows closely with a score of 78. This data suggests that investors are actively purchasing these meme coins, driven by the heightened market sentiment. 🔸 What Is the Price Outlook for DOGE and SHIB? The rising sentiment for DOGE and SHIB has also positively influenced their prices. Dogecoin’s price surged by nearly 12% in 24 hours, reaching $0.1661, accompanied by a significant increase in trading volume. Ranking 8th in market volume, DOGE saw its market volume rise to $24 billion, with a 24-hour trading volume exceeding $1.5 billion after a 98% spike. Shiba Inu also experienced a price increase, climbing 9.71% in the same period to $0.000026. With a market volume of $15.3 billion, SHIB ranks 12th, just behind AVAX. Its trading volume surged by 118%, reaching $749 million, making it the 18th most traded cryptocurrency. $SHIB $DOGE #SHIB #DOGE
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🔥 3 Top Altcoins That Will Turn Your $100 into Good amount in 2024 🔸 Optimism (OP) Price Movement and Forecast Optimism coin currently sits between $2.27 and $2.63. It's been a bit quiet over the last week, dropping just a quarter of a percent. But last month, it saw a good jump of almost 13%. Over half a year, it's done even better, climbing almost 60%. It's close to the middle line in terms of both the RSI and Stochastic, which suggests neither overbought nor oversold conditions. The price seems to be moving in a steady pattern instead of making big jumps or drops. With prices hovering near the simple moving averages, Optimism could be gearing up for its next move. If it breaks past $2.81, we might see it aim for $3.17. But if it falls, it could find a cushion at $2.10. 🔸 Aptos (APT) Price Momentum: What to Expect Next? Aptos (APT) is currently between $7.65 and $8.66. In the last week, there hasn’t been much change in price, but over the last month, the price has gone down by about 11%. Still, if we look at the past six months, it’s up over 23%. Right now, Aptos seems to be moving in a calm pattern, not jumping too high or dropping too low. The price might face a hurdle around $9.20, and if it falls, $7.18 could be where it finds some support. With indicators like RSI and Stochastic showing middle range values and the MACD just below zero. 🔸 NEAR Protocol Price Rally: Will It Keep Rising? NEAR Protocol, commonly known as NEAR, has seen a significant increase in price, with a 15.28% jump in the last week and an impressive 41.62% rise over the past month. In the last six months, the coin has soared by over 354%. Currently, NEAR is trading between $6.71 and $8.69. The coin shows a strong upward momentum, indicating moves that are more impulsive in nature. With the RSI at a moderate 52.48, NEAR isn't overbought, suggesting there could be room for growth towards the nearest resistance at $9.59. If the upward trend continues, NEAR may even push towards the second resistance level at $11.56. #APT #NEAR #OP
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💵 Gala Games Faces $200M Security Breach Gala Games, a blockchain gaming platform, has been struck by another security breach. Around $200 million worth of $GALA tokens were minted and systematically sold by a rogue Gala Games admin address. According to on-chain movements, tokens worth $200 million were being exchanged for ETH. More use of decentralized systems would help prevent such exploits. However, this is not actually the first security breach for GALA; back in 2021, the platform suffered a loss of $130 million. The scammers impersonated the Gala Games official X platform profile to promote a fake token migration event. Gala Games’ endless security breaches show the need for critical and secure security measures and, most importantly, the use of decentralized systems within the gaming industry to protect users and maintain trust. #GALA
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📈 Ethereum Soars 20%, Lifting Arbitrum and Optimism Rumors of a potential approval of Ethereum spot ETFs have fueled a full day of gains for the Ethereum ecosystem, with the price of ETH skyrocketing 20% intraday to just shy of $3,700—trading at $3,687 at time of writing—and sister tokens Arbitrum (ARB) and Optimism (OP) both notching gains of 18% on Monday. The optimistic mood had already spread to other cryptocurrencies, including Solana (SOL) and Avalanche (AVAX), which are peaking above $40 and $188 respectively, as of this writing, representing more than 25% gains over the last seven days for both. The sudden rally to start the week was sparked moments after two Bloomberg ETF analysts—Eric Balchunas and James Seyffart—revealed their joint prediction that the Securities and Exchange Commission could approve Ethereum spot ETFs when its first major deadline comes later this week. Their updated odds were 75%, a huge upgrade from their prior estimate of 25%—which was already more pessimistic than other analysts who placed the chances at 50-50 earlier this year. 💬 Update: JSeyff and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied). — Eric Balchunas Crypto oddsmakers are certainly shifting their views, with the collective probability of an Ethereum spot ETF approval by the end of the month leaping from 10% yesterday to 61% as of this writing. As with the long and meandering Bitcoin spot ETF approval process, the SEC has systematically delayed making a decision on the Ethereum equivalents. Hopes for approval have steadily dimmed, with fears peaking that this week's deadline would prompt the federal regulator to outright declare Ethereum a security, decisively separating it from the commodity status enjoyed by Bitcoin. $ARB $OP $ETH #ARB #OP #ETH
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