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⚠️ DOGE Community Reacts to New X Payments Promise to Launch This Year An insider from the X and Dogecoin teams who signs his messages as “DogeDesigner” on the X platform has revealed that the X Payments service is expected to launch later in 2024. The Dogecoin army immediately responded to that tweet along with non-crypto users — both are looking forward to the release of this much-anticipated feature on Elon Musk’s popular “free speech” platform. 💬 Wen $DOGE ? — Crypto Rand May 17, 2024 🔸 Elon Musk does not confirm plans to add DOGE to X so far This is not the first announcement made by @cb_doge this year by far. Each time, the crypto community, with many DOGE-themed accounts among them, has reacted to them with a large wave of enthusiasm as they hope to finally see their beloved meme cryptocurrency to be finally integrated into the platform. Still, the celebratory X owner Elon Musk has not made any statements about the future of DOGE as an official currency of X yet. But that does not discourage the DOGE army anyway. What Musk did confirm several times, making it “super clear,” is that neither X nor any other of his companies plan to create their native cryptocurrencies. That was Musk’s response to multiple scams, offering “X coin” to unaware and enthusiastic investors and rumors about plans for such a cryptocurrency to be built and released in the future. This is likely to do with the current witch-hunt that the U.S. Securities and Exchange Commission is leading against altcoins and various crypto wallets and crypto exchanges that list them for trading. 🔸 DOGE army's hard-to-kill hope In the meanwhile, X Corporation continues to secure licenses that will allow it to process payments in various U.S. states, including, curiously, payments conducted in cryptocurrencies. Therefore, the hopes of the Dogecoin army seem to be based on pure hopes that Elon Musk will eventually confirm his status of DOGE lover and make this OG meme crypto one of the payment options on his social media network. #DOGE

⚠️ DOGE Community Reacts to New X Payments Promise to Launch This Year


An insider from the X and Dogecoin teams who signs his messages as “DogeDesigner” on the X platform has revealed that the X Payments service is expected to launch later in 2024.

The Dogecoin army immediately responded to that tweet along with non-crypto users — both are looking forward to the release of this much-anticipated feature on Elon Musk’s popular “free speech” platform.

💬 Wen $DOGE ? — Crypto Rand May 17, 2024

🔸 Elon Musk does not confirm plans to add DOGE to X so far

This is not the first announcement made by @cb_doge this year by far. Each time, the crypto community, with many DOGE-themed accounts among them, has reacted to them with a large wave of enthusiasm as they hope to finally see their beloved meme cryptocurrency to be finally integrated into the platform.

Still, the celebratory X owner Elon Musk has not made any statements about the future of DOGE as an official currency of X yet. But that does not discourage the DOGE army anyway.

What Musk did confirm several times, making it “super clear,” is that neither X nor any other of his companies plan to create their native cryptocurrencies. That was Musk’s response to multiple scams, offering “X coin” to unaware and enthusiastic investors and rumors about plans for such a cryptocurrency to be built and released in the future. This is likely to do with the current witch-hunt that the U.S. Securities and Exchange Commission is leading against altcoins and various crypto wallets and crypto exchanges that list them for trading.

🔸 DOGE army's hard-to-kill hope

In the meanwhile, X Corporation continues to secure licenses that will allow it to process payments in various U.S. states, including, curiously, payments conducted in cryptocurrencies.

Therefore, the hopes of the Dogecoin army seem to be based on pure hopes that Elon Musk will eventually confirm his status of DOGE lover and make this OG meme crypto one of the payment options on his social media network.

#DOGE

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👀 FLOKI Launches Bullish Crypto Adoption Campaign in Nigeria, Can FLOKI Price Surpass $1 This Cycle? ● FLOKI announces the launch of its promotional campaign in Nigeria. ● Nigeria has a huge crypto adoption rate and FLOKI is expecting to welcome new users. ● The price of FLOKI is set to explode if FLOKI adoption rate grows after this campaign. Floki announces the start of its bullish promotional campaign in Nigeria. This extensive marketing initiative aims to bring the FLOKI name to mainstream adoption in the world’s biggest continent, Africa. 🔸 Floki Moves Into Nigeria to Embrace Africa's Crypto Capital 💬 Our intensive marketing initiatives aimed at bringing $FLOKI into the mainstream have always been marked by extensive preparation and strategic testing. Today, we are excited to announce our latest venture: #FLOKI is.. — FLOKI Since the beginning, FLOKI has been on a mission to become the most loved and most popular cryptocurrency in the world. It aims to be a household crypto that everyone is pleased to use and with every successful campaign FLOKI gets closer to achieving this mission. Since the last crypto bull cycle, FLOKI has been hard at work in realizing this dream by launching many bullish ecosystem upgrades and promotional campaigns across the world. Of these massive campaigns, the most prominent is the New York Times Square campaign. FLOKI has also taken its CSR role in good stride by opening schools in different parts of the world. The latest of this venture is India where FLOKI will build a school and is looking for NGO and similar institutes to help them on this journey. With this latest initiative in Nigeria, FLOKI is pleased to confirm its presence in the country. Nigeria is home to the highest crypto awareness in the world. The country has embraced crypto and the interest grows every day. FLOKI may see a massive price surge by growing its presence in the African market, and specifically in Nigeria.
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🤔 Solana: Can Reclaiming the $155 Mark Invalidate the Downtrend? Solana’s price faces selling pressure but could rebound if it surpasses $155.A break below $135 might drive SOL towards $100, with sellers actively adding short positions.Current trading at $144.25 shows slight neutrality, with an oversold RSI and declining trading volume indicating short-term weakness. Solana’s (SOL) price is experiencing significant pressure, but there is potential for a rebound. If Solana can regain momentum and surpass the $155 mark, it could reinvigorate buyers and invalidate the current downtrend. Recently, Solana’s price fell below the critical $150 support zone, highlighting intense selling pressure. Despite a notable rebound from the $120 mark last month, sellers remain active, attempting to push SOL below the trendline support to extend the downturn. A decisive break and close below $135 could accelerate this selloff, potentially driving SOL toward the $100 mark in the coming weeks. Since the beginning of the month, sellers have been adding to their short positions, contributing to the price decline. At the time of writing, Solana is trading at $144.25, reflecting a slight intraday increase of 0.06%. This neutrality is evident on the charts, with a monthly return ratio of -9.20% and a yearly return of 8.43%, indicating short-term weakness. In the SOL/BTC pair, the price stands at 0.00218 BTC, and Solana’s market cap is approximately $66.64 billion. Analysts remain neutral, suggesting that SOL may experience volatile price swings in the near future. The RSI has dipped into the oversold region, while the MACD indicator has shown a bearish crossover with red bars appearing on the histogram. Additionally, trading volume has decreased by 54.34% to $969.27 million, indicating a decline in investor interest. One key support level at $141 is showing a buy signal on the daily chart, suggesting that if this support holds, SOL could see a rebound over the next one to four days. $SOL #SOL #Solana
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⚠️ Investors Analyze Cryptocurrency Trends On Sunday, June 16, the cryptocurrency market showed relative calmness with Bitcoin (BTC) trading at $66,599. Some altcoins also displayed positive momentum. Although investors faced significant turbulence following the recent Federal Reserve meeting, the impact may be short-lived. Should leading indicators of inflation boost optimism, buyers could return to the market, anticipating the continuation of recent low data trends. So, what insights does analyst Benjamin Cowen provide? 🔸 When Will the Altcoin Bull Run Happen? Despite Bitcoin reaching its all-time high, most altcoins remain below their peak levels, though many hover around critical support zones. According to cryptocurrency analyst Benjamin Cowen, those looking forward to a substantial altcoin rally should temper their expectations. Cowen’s latest assessment suggests that a significant altcoin bull run will not commence until the Federal Reserve reduces interest rates. Historically, altcoins have outperformed Bitcoin post the Fed’s interest rate cuts. Cowen points out, “A majority of altcoins are declining, causing the advance/decline index to fall once again, similar to the period before the Fed’s rate cut in 2019. The index dropped sharply back then, and the Fed began cutting rates in July. It is crucial to monitor this, as calls for an altcoin season and their dominance over Bitcoin might be premature until the Fed lowers rates.” 🔸 Should You Buy Altcoins? According to Cowen, it might be wise for investors who missed the bottom in November 2022 and are currently hesitant to avoid purchasing altcoins. However, it’s essential to recognize that analysts can be incorrect and cannot predict future market movements with certainty. If they possessed such predictive power, they likely wouldn’t share their insights on platforms like YouTube for ad revenue. #Altcoins
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📈 Solana Meme Coin Dogwifhat (WIF) Skyrockets 5% Amid Market Lull In a surprising move, Dogwifhat (WIF), a meme coin on the Solana blockchain, has surged by over 5% despite a general slowdown on the broader cryptocurrency market. This surprising rebound comes as a breath of fresh air as the market witnesses a period of stagnation. The cryptocurrency market is currently experiencing a lull, with many major assets showing little to no movement. Bitcoin and Ethereum, the market leaders, have held steady in their price, setting the tone for other cryptocurrencies. Market performance remains mixed, with a handful of cryptocurrencies posting losses in a 24-hour time frame. However, amid this market's lackluster action, Dogwifhat has managed to capture attention with its notable price increase. WIF has been steadily climbing since hitting a low of $2.20 in Friday's market decline, which saw Bitcoin fall to its lowest price in nearly a month, prompting a flurry of crypto long position liquidations. At the time of writing, Dogwifhat was extending its rebound, up 5.16% in the last 24 hours to $2.53, having hit intraday highs of $2.55. If today closes in the green, WIF might mark its second consecutive day of gains. The Solana meme coin currently ranks as the 41st largest cryptocurrency with a market valuation of $2.52 billion. Meme coins often experience volatility based on news and hype cycles; Dogwifhat's surprising rebound might have been aided by a recent memetic statement made by Galaxy Digital CEO Mike Novogratz on X that indirectly alluded to Dogwifhat. In a tweet, Novogratz enquired: "Anyone know where I can buy one of the hats from the dog? Perfect gift for someone I know." An X user responded "dogwifhatstore" to which Novogratz responded "Gracias." As Dogwifhat continues to rise, it may encounter resistance around higher price points mainly at the daily SMA 50 at $2.94, particularly if the overall market sentiment does not change. As the scenario evolves. $WIF #WIF #Dogwifhat
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🚀 This Altcoin Continues to Soar While the Entire Market Falls – What’s its Secret? In a recent statement, Flow, an analyst at cryptocurrency platform SwissBorg, examined the reasons for the recent increase in the altcoin value of Toncoin (TON), despite the decline in most of the market. Flow began by noting a few important observations. Total Value Locked (TVL) on the Ton Blockchain continues to reach all-time highs (ATHs) and the number of daily active addresses continues to break new records as well. When token transaction volume and number of holders are examined, a strong upward trend is evident. Flow noted that technically, TON is in a long-term uptrend and has just emerged from a bullish consolidation. Additionally, according to the analyst, TON is showing significant relative strength against BTC. Flow shared some thoughts on TON's performance. “TON has overcome many technological and regulatory hurdles to be here today,” the analyst said, adding: “The chain and ecosystem are starting to attract real interest from users, developers, and institutional investors.” Flow stated that TON has its own advantages in being able to transform 900 million Telegram users into the ecosystem. “This alone warrants taking TON seriously,” the analyst added. However, according to the analyst, although there are some promising applications in the ecosystem, these applications are still developing. Flow also emphasized the importance of Tether integration. #TON #TonCoin
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