Will Polygon Get Back To $1? Or Are Rollblock and DOGE More Likely To Break The Dollar Mark?
#MemeWatch2024 #CMEBitcoinSpotTrading #BinanceLaunchpool #buythedip #BTC Polygon has been one of the worst-performing cryptocurrencies over the last year. Its value has plummeted by 20%, and Polygon’s (MATIC) trading volume has crashed as investors lose confidence. With a potential bull run incoming, investors are asking if Polygon will recover or if Dogecoin (DOGE) and Rollblock (RBLK) could be stronger investments. At first glance, Dogecoin and Rollblock appear to be better options, having both seen strong returns over the past month.

Polygon Continues To Crash Despite Trading Volume Increases

Polygon’s trading activity increased dramatically during the first two weeks of May. Whale transactions were up by 2% and Polygon’s daily trading volume was also rising. However, following a fortnight of disappointing returns, investors are losing confidence in Polygon. Over the last month, Polygon’s price has decreased by 3.07%. This decrease has worsened over the past week, with an additional 1.91% decline while other altcoins have started to rally. With Polygon now trading at $0.6692, experts fear additional decreases could take MATIC as low as $0.60.

Dogecoin Breaks Key Resistance

Cryptocurrency analyst Kevin recently predicted that Dogecoin needs to break above its $0.153 resistance level to gain any additional momentum. Following a 2.12% increase over the last 24 hours, Dogecoin has broken this level and is now trading at $0.159. This could trigger an additional rally over the next week, pushing Dogecoin up an additional 10%.Over the past 24 hours, Dogecoin’s daily trading volume is up by 10.07%, suggesting that a bullish sentiment could be building around the meme coin. With this in mind, many investors are buying Dogecoin (DOGE) to capitalize on a potential upcoming rally.

Worldcoin Consolidates Below $5 Amid New SMPC System, Deletes Iris Codes - Can It Trigger Bullish Breakout Amid Regulatory Hurdles?#CMEBitcoinSpotTrading #MemeWatch2024 #BinanceLaunchpool #BTC #MicroStrategy In a move to enhance data privacy and security, the Worldcoin Foundation has unveiled a new open-source system based on Secure Multi-Party Computation (SMPC) for handling biometric information more safely. This development comes amid increasing regulatory scrutiny and concerns around biometric data and personal data protection.As of press time, Worldcoin is trading at $4.89, down 1.94% in the last 24 hours. It has a market cap of $1 billion and a 24-hour volume of $181 million, a 31% drop in the same 24 hours.

Worldcoin has faced probes in various countries, including Germany, Argentina, as well as a ban in Kenya. Recently, regulators in Spain and Portugal alleged that children were allowed to submit to eye scans and obtain a blockchain-based identity, leading to orders to stop collecting data.

Worldcoin has been compelled to continue building new technologies that align with stringent data protection measures. The foundation, in collaboration with TACEO, has successfully applied the new SMPC system for Machine Learning to Iris codes, enabling the establishment of an individual's uniqueness while prioritizing data security.

As part of this transition, the Worldcoin Foundation has successfully deleted the previously collected iris codes while retaining the ability to establish uniqueness among individuals. The new open-source software is currently available in the GitHub repository, allowing interested developers to use and improve the system. By open-sourcing the SMPC system, Worldcoin aims to establish a new standard for data security and encourage transparency and collaboration within the developer community.the Worldcoin Foundation made several significant announcements, including the opening of applications for Wave 1 of the Worldcoin Foundation Community Grants Program and the introduction of World Chain, a new designed specifically for humans.

Floki Inu surges 21.75% in 7 days: Should you sell or wait for more gains?
#notcoin #MemeWatch2024 #altcoins #BinanceLaunchpool #BTC FLOKI’s price surged significantly over the past week as interest in the token grew.Network growth declined, indicating a waning interest from new users.Floki Inu [FLOKI] has been one of the memecoins that has been competing for the top spot for quite some time.

FLOKI dominates the market

Despite FLOKI’s attempts to grow, new and popular entrants have continued to take away market share from the FLOKI token. However, the tides for FLOKI changed over the last week.According to CoinMarketCap’s data, FLOKI witnessed a 21.75% surge in price over the last seven days. It was the third-highest cryptocurrency that appreciated so much during this duration.

Since the beginning of May, the price movement of FLOKI has largely been positive. It has shown multiple signs of higher highs and higher lows, indicative of an upcoming bullish trend.

If FLOKI manages to test the $0.00023076 levels again, it could surge past the resistance and aim for the $0.00025780 level in the future.Despite the surge in FLOKI’s price, the CMF (Chaikin Money Flow) for the FLOKI token had fallen significantly to -0.12 levels. This indicated that the money flowing into FLOKI had fallen significantly.The RSI (Relative Strength Index) for FLOKI had declined materially as well, implying that the bullish momentum around the token had taken a hit.Despite the surge in price, it was seen that it was mostly long positions that were getting liquidated. This could be attributed to traders taking highly leveraged bets on FLOKI. Due to this, the sentiment of traders turned negative. According to Coinglass’ data, the number of short positions taken against FLOKI had surged in the last few days.This indicated that there was a rise in bearish sentiment, and traders were expecting FLOKI’s price to drop. Even though the price of FLOKI had surged, the Network Growth had declined significantly, suggesting that the number of new addresses using FLOKI had fallen.

Why Ethena (ENA) Is Up By 10% Today !!

#notcoin #ETHETFS #altcoins #BinanceLaunchpool #BTC Ethena (ENA) experienced a significant surge in price today, of more than 10%, At the moment of writing this article, ENA is trading at $0.78, with a total market cap of almost $1.2 billion. On May 16, Ethena Labs shared that to date, the sUSDe contract has received protocol yield attributable to assets backing staked USDe, with the protocol retaining the remainder going to the sUSDe contract.

They noted that as a result sUSDe APY is 37.2%.
To date the sUSDe contract has received protocol yield attributable to assets backing staked USDe, with the protocol retaining the remainder
As of today, the retained portion is reduced to 20%, with the remainder going to the sUSDe contract.

The team noted that currently only 15% of USDe is staked in sUSDe. If the entire protocol backing generates about 7%, transferring returns from assets backing unstaked USDe to the staking contract, this will increase effective sUSDe APY to 37%.

Ethena Labs notes that if the average protocol return since launch of 23%, the implied sUSDe yield would increase to about 125%. This is a direct result of the low percentage of sUSDe being stakes and as the stake rate increased, the potential increase in sUSDe will be reduced. The team also noted that as of the beginning of June, the Ethena Governance Committee will be in place with several of the leading risk management advisory businesses in the space, and at that point, the governance will play a more involved role in deciding the ongoing retention of the protocol returns.Ethena launches on Bybit next week, where USDe can be used across the platforms as collateral.
BitMEX founder, Arthur Hayes recently shared his belief that ENA will reach $10.Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument – the Internet Bond.

Worldcoin (WLD) Price Plummets Amid Bearish Flag Pattern: Will Support Hold ?
#notcoin #ETHETFS #altcoins #BinanceLaunchpool #BTC Worldcoin (WLD) has been in a bearish trend in the last 24 hours, experiencing a 0.63% decline to settle at $4.89 as of press time. The price touched a support level around $4.70, indicating a potential floor where buying interest re-emerges, while resistance was observed near $5.00, suggesting increased selling pressure at this level. Throughout the day, Worldcoin fluctuated, hitting an intraday low of $4.8521 and a high of approximately $4.9215. This fluctuation within a narrow range highlights the ongoing consolidation phase. The trading volume saw a substantial drop of 41.68%, decreasing to $309,208,509. This significant reduction in volume indicates waning interest or possibly a consolidation phase, contributing to the overall bearish sentiment.

The Worldcoin price chart indicates a bearish flag pattern, a continuation pattern suggesting the potential for further downward movement. Currently priced at $4.899, the coin has been consolidating within a defined range. The bearish flag is characterized by parallel, downward-sloping trendlines, which typically form after a steep initial decline. Significant support levels are identified at $4.50 and $4.00, which have been tested multiple times, indicating strong buyer interest at these points. Conversely, resistance levels are around $6.00 and $7.00. The price has struggled to break above these levels, suggesting persistent selling pressure. A breakout above these resistance levels could signal a potential reversal, but the prevailing pattern indicates more downside risk.
indicators provide additional insights into the bearish trend. The Relative Strength Index (RSI) is at 49.74, indicating neutral momentum. This suggests that the market is neither overbought nor oversold, but the RSI’s position points towards caution among traders. In addition, the Money Flow Index (MFI), standing at 39.88, reflects relatively low buying pressure.

Terra Luna Classic Proposal Is Inconsistent With Binance !!!
#notcoin #altcoins #BinanceLaunchpool #BlackRock #BTC Terra Luna Classic developer cautioned about the proposal to transfer endpoints to the top validator platform Allnodes for accurately providing LUNC circulating supply data. The proposal under voting aims to secure an official organization or platform to host the endpoint preventing individuals from making unauthorized changes to Terra Classic supply without approval from the community.

Ex-Terra Rebels developer and Hexxagon co-founder Raider took to X on May 17 to clear the air about the situation related to API created and hosted by him to track circulating supply. He revealed that Binance asked Terra Rebels for an API to provide details on the total supply and circulating supply of Terra Luna Classic.They were provided with the official LCD and FCD endpoints for supply calculation, which at the time were hosted by TFL. CoinMarketCap rejected the official endpoints and Binance asked to create an API consistent with the circulating supply definition of CoinMarketCap.

“The changes I have made to the API configuration since October 2022 were made to keep the circulating supply figure as close to the CMC definition as is possible with information that was currently publicly available at the time,” said Raider.

He added that the API will continue to exist as CoinMarketCap is using it. Furthermore, he has no intention to challenge the proposal to let Allnodes host official endpoints. The community will be required to persuade Binance and CoinMarketCap to a totally different API for total supply and circulating supply.LUNC price is currently up 0.5% over the last 24 hours, with the price currently trading at $0.0001077. The 24-hour high and low are $0.0001058 and $0.0001091, respectively. However, the trading volume has decreased by 35% in the past 24 hours.On the futures front, LUNC and 1000LUNC continue to see selloff pressure. Total LUNC futures are down nearly 1% in the past 24 hours, with futures on Binance fell almost 2%.

Worldcoin Open Sources Security System to Keep User Data Safe !!
#notcoin #altcoins #BinanceLaunchpool #BlackRock #BTC Worldcoin’s new open-source SMPC system offers advanced protection for biometric data, highlighting how open-source approaches improve security.

Worldcoin Foundation launched and open-sourced a new SMPC system.Open Source enhances security through transparency.Worldcoin hopes to align with global security regulations. Worldcoin, a crypto project co-founded by Sam Altman of OpenAI, has been facing criticism over its practices around user data protection. As the firm handles sensitive biometric data of its users, security is key, and the company has already faced a security breach in the past.In response to these criticisms, Worldcoin has taken steps towards better security. Most recently, the company has launched and open-sourced its secure multi-party computation (SMPC) system, aiming to boost the security of biometric data. 

Worldcoin Goes Open Source with Its Security System

On Wednesday, May 15, the Worldcoin Foundation launched its secure multi-party computation (SMPC) system, now available as open-source software on GitHub. This system is designed to bolster the security of biometric data, such as iris codes, by dividing secrets into multiple parts managed by different parties. 
This method ensures that no single entity can decrypt the entire secret, protecting it against unauthorized access. To further boost security, Worldcoin has deleted the old iris codes after migrating to the new SMPC system. Worldcoin collaborated with technologists from TACEO and Tools for Humanity to overcome the typical scale and cost constraints associated with SMPC systems. This new implementation makes SMPC viable for large-scale biometric data protection. 

Bonk Price Prediction: Can Bithumb Exchange Listing Trigger 16% Move In BONK Price !!
#ETHETFS #altcoins #BinanceLaunchpool #BTC #bitcoinhalving Bonk, a meme coin in the Solana ecosystem made a sudden move in the early hours of Thursday, its listing on South Korea’s leading exchange Bithumb. The token trading at $0.00002532, boasts a 7% surge in value in 24 hours hours. Based on the Bonk price prediction, the rally has the potential to continue and top the all-time high of $0.000047.

Bonk Price Prediction As Bithumb Exchange Extends Support
According to a report by CoinGape, Bithumb exchange has announced support for various BONK pairs with the Korean won, starting May 16. The exchange said the development follows “an excessive number of requests” from users.
Deposits are supported on the Solana network. Moreover, the exchange said it “will give an airdrop to all members who trade BONK” on the platform.
The announcement has triggered immense excitement leading to massive trading activity as investors and traders move swiftly to book early entries. This underscores the positive impact of exchange listings on tokens in the market.
Bonk spent nearly four weeks oscillating between support at $0.00002 and resistance at $0.000028. An ascending trendline reinforced the support, allowing bulls to put up a strong fight and prevent further losses.However, their efforts weakened on encountering the seller congestion at $0.000028, hence the doldrums.BONK’s support on Bithumb comes at a time when Bitcoin price is breaking out towards $70,000. This means that investors are willing to take up more positions in altcoins, including volatile assets like meme coins.Although retracing below $0.000025, Bonk still shows potential for a larger breakout in the coming sessions or a few days.The Relative Strength Index (RSI) shows traders’ intent to take profits after the sudden uptick in the price. Should the RSI drop below the midline at 50, the path of least resistance could flip downwards, leaving BONK defenseless against the sellers.

Solana Price Prediction: Can SOL Reach $250 in the Next Bull Run ?
#ETHETFS #altcoins #BinanceLaunchpool #BlackRock #BTC Solana price prediction: SOL experienced a significant rise in market value recently, increasing over 4% in the last 24 hours. The Solana price surged past the $160 resistance level and currently stands at $168, demonstrating strong positive momentum in its trading pattern.

The market capitalization has also seen an upward movement, now standing at $75 billion, which marks a 3.21% increase. However, trading volume over the past 24 hours has declined by 18.18%, totaling $3.5 billion. The circulating supply of Solana is reported to be 448 million SOL out of a total supply of 576 million SOL. In the past week, Solana has experienced a 9% surge despite some minor declines, highlighting its volatile nature. The price fluctuated between $150 and $168 over the past few days, reflecting a general uptrend. Solana has surged from $130 support level to the current prie above $160, over the past week, indicating ascending trend.Recent data from Tiexo shows a slight rise in Solana NFT volumes, mainly driven by these collections. The number of unique wallets has surged by 159% in the last seven days, reaching about 180,000. The most notable growth came from first-time wallets, which jumped by over 39% to surpass 56,000. This uptick in activity signals growing interest and participation in the Solana NFT ecosystem, highlighting the platform’s expanding appeal among new users

With the current bullish trend, SOL Price could break the $170 resistance, signaling a revival in bullish activity. This breakout may push the valuation close to $190. An eventual move toward the $200 resistance level is possible, and with increased bullish pressure, SOL might hit $250 in the next run

a market downturn could see the coin retract to the $155 support line. If bearish trends dominate, the price may drop to $150, marking a bearish shift. Despite potential, current recovery trends suggest the altcoin is poised for further gains, indicating a promising outlook for Solana

How High Can PEPE Coin Price Go In May 2024?

#Memecoins #altcoins #BinanceLaunchpool #MicroStrategy #buythedip PEPE Meme Coin has again outshined the rest of the cryptocurrencies with its recent gains in the market. The frog meme coin has set a new ATH of $0.00001156 even in this declining market, becoming the most profitable meme coin. Not only did PEPE leave Dogecoin and Shiba Inu behind but also the top cryptocurrencies of the market, like Bitcoin, in terms of profit percentages. The gains were so huge that a trader made $46 Million with only $3K of investment.
Moments after its launch, PEPE gained more than an insane surge as it became the most favoured coin for investors. PEPE Meme Coin repeated this surge at the beginning of this year, which continued for weeks. It gained a high of $0.000009977, but with the market fall, that came to rest until now.

PEPE created a new all-time high of $0.00001156 just a few hours ago after a 104% gain in a month and a 45% this week. Also, PEPE has had a profit of almost 2000% from its launch and might grow 10x next. At the time of writing, it is trading at $0.00001127 with a market cap of $ 4.74 billion and a trading volume of $3.56 billion. If the surge continues, the PEPE will become part of the top 20 cryptocurrencies based on the market cap.

The PEPE Meme Coin appears to continue its bullish rally for now, as the MACD and moving averages still indicate a strong buying spree for this meme coin. The number of PEPE holders is continuously rising, providing an extra push to the PEPE price, but that is still not enough to push the value to $1.Until now, only a few meme coins that started their journey with lower prices and high quantities, like PEPE, could surge near $1. Even Dogecoin has yet to succeed in surging anywhere near $1, which makes it clear how unrealistic this target of $1 for PEPE is.Moreover, PEPE Meme Coin has a circulating supply of 420.69 Trillion. Imagine the chaos when the PEPE price reaches $1, and the market cap will come to 420 Trillion, way more than the GDP of all countries combined.

Internet Computer Introduces ckUSDC, Algorand Emerging Challenger Captures Market Focus !!
#altcoins #BinanceLaunchpool #BlackRock #MicroStrategy #buythedip The crypto industry is an evolving sector, where novel and disruptive technologies are coming to the market on a regular basis. Internet Computer (ICP) latest offering is ckUSDC, a significant stride in the stable coin world. At the same time, while Borroe Finance ($ROE), which is a disruptive and highly innovative DeFi platform, is gaining more and more traction in the community. Internet Computer's ckUSDC: A New Approach to Stablecoins

Foundation is a blockchain which has the purpose of changing the Internet by providing a decentralized and scalable platform for smart contracts and applications.

The most recent stablecoin is an intermediary token to enable interaction and exchange between decentralized applications and traditional financial systems, hence, providing uninterrupted connectivity and interaction.

cryptOMC is the cryptographic protocol that is designed to let canisters (Internet Computers and smart contracts) interact with the USD Coin (USDC) stablecoin. The chain-key signatures are the way of interaction that allow canisters to create their own Bitcoin addresses and to launch a valid transaction. The chain key tokens such as the chain-key-bitcoin (ckBTC) is an important element as it provides a simple and fast channel of assets between many different blockchains. economics and governance mechanism of Internet Computer. ICP token performs different functions in the platform: the voting rights, the SNS transactions, the buying cycles in dApps development and the payments to the providers of computational resources.

The brain of the Internet Computer, which is NNS (Network Neural System), conducts all the self-organizing and self-governing activities of the ICP (Internet Computer Protocol) DAO (Distributed Autonomous Organization). This allows the local community to participate in decision-making processes on a transparent basis through community stakeholder governance.

Important Shiba Inu Metric Explodes by 2,300% as the SHIB Price Rises !!
#Memecoins #altcoins #BinanceLaunchpool #MicroStrategy #buythedip Shiba Inu experienced a significant increase in transaction volume and price, supported by improvements in its blockchain technology and increased token burns.
SHIB’s adoption as a payment method by CoinGate further enhances its utility and exposure in the cryptocurrency market. This SHIB Indicator Took off.The second-biggest meme coin in terms of total market capitalization – Shiba Inu – made the headlines today (May 14) thanks to the rise of one major metric related to its ecosystem.

According to IntoTheBlock data, SHIB aggregated daily volume, where each transaction exceeded $100,000, has reached $223 million. This represents a staggering 2,300% increase compared to the figure observed the day before. Daily active addresses and transaction volume have also headed north, albeit not as substantially.

The rise of the aforementioned metrics coincides with a SHIB price rally. The asset is among the best performers in the market today, registering a 7% increase on a 24-hour scale. Some of its rivals in the meme coin niche, though, have witnessed even more significant gains. Such examples are PEPE (23%), POPCAT (27%), TRUMP (22%), FLOKI (12%), and more. The team behind the meme coin destroyed over 200 million tokens in the past seven days. The rate is over 100% in the past 24 hours, resulting in an additional 30 million assets sent to a null address. The mechanism’s ultimate mission is to reduce SHIB’s circulating supply, making it scarcer and possibly more valuable in time.

Worldcoin takes 18% hit following revelation from DeFi analyst !!
#Memecoins #altcoins #BinanceLaunchpool #MicroStrategy #buythedip WLD is crashing rapidly, down more than 18% in past 24 hours.
Worldcoin has experienced more than $4 million in long liquidations.
DeFi analyst compares Worldcoin's low float to SBF's playbook and says the project has no connection to OpenAI.
Worldcoin (WLD) experienced huge dumps on Tuesday following a recent accusation in an X post by DeFi analyst DefiSquared against the Worldcoin team and insiders.

WLD sheds 18% of its value
Worldcoin suffered a hit on Tuesday as its price steadily declined, suffering about a 18% decrease, according to data from CoinGecko. WLD crashed from a high of $6.23 to $4.64 in the past 24 hours.
The price cash has triggered about $4 million in long liquidations across derivatives traders as WLD faces increased bearish pressure. WLD is being devalued by 0.6% daily through emissions of grants and operator claims, "which are sold almost immediately based on on-chain analytics." The analyst also mentioned that WLD's supply would begin inflating by 4% daily when its team and VC unlocks begin vesting in 70 days. He highlighted that the Worldcoin Foundation would be selling $200 million worth of tokens — 18% of the circulating supply — which was initially assigned to community allocations. "The manipulative low float / high FDV design is straight out of the SBF playbook, and directly enriches insiders as they hedge their locked allocations at high valuations pre-unlock via perps / OTC," said DefiSquared.
Furthermore, he stated that Worldcoin has no affiliations with OpenAI, and Sam Altman has no active involvement in the project. However, Bloomberg reported in April that both companies were eyeing a partnership.

FLOKI Price Soars 14% Amid Revolut Listing, Rally To Continue ?
#Memecoins #BinanceLaunchpool #altcoins #buythedip #MicroStrategy FLOKI, the meme coin sensation, has surged by nearly 14% today, signaling a renewed frenzy among investors. This surge comes on the heels of a major listing announcement on Revolut Business, Europe’s largest neobank and retail trading app, stirring up anticipation for further price appreciation.

However, it’s worth noting that the meme coin has noted significant traction lately, amid a flurry of listing and other related developments.
The FLOKI price has noted a surge of almost 14%, indicating a resurgence of interest among market participants.Meanwhile, the announcement of FLOKI’s listing on Revolut Business comes amid a flurry of listing announcements, underlining the meme coin’s escalating popularity and global reach. Notably, FLOKI recently secured listings on the Thailand arm of Binance, the leading crypto exchange, accentuating its traction in diverse geographic regions, including the Asian markets.
On the other hand, the FLOKI crypto has also gained traction by joining Bitpanda’s Meme Coin Leaders Index, contributing to the burgeoning optimism within the market. Bitpanda, a prominent multi-asset exchange based in Europe, confirmed the inclusion of Floki Inu into its renowned index.

Notably, the Bitpanda index is designed to showcase a diversified portfolio of the leading meme coins based on market capitalization. This listing on the index signifies a significant milestone for FLOKI, as it not only enhances its visibility but also underscores its growing prominence within the meme coin ecosystem.Meanwhile, as of writing, the voting for the token burn proposal commenced on May 14 and will extend until May 16, with an overwhelming 99.8% of votes currently in favor of the burning initiative. Notably, the token burns serve as a mechanism to reduce the overall supply of a cryptocurrency, often leading to increased scarcity and heightened demand, thus potentially fueling further price appreciation for FLOKI in the days.

Coinbase Eyes Terra Luna Classic Relisting, Igniting Community Optimism !!
#Memecoins #BinanceLaunchpool #BlackRock #BTC #bitcoinhalving Coinbase, a leading cryptocurrency exchange, is reportedly considering the relisting of Terra Luna Classic (LUNC), as per recent reports circulating on Crypto X. This development has sparked optimism within the LUNC community, with many anticipating that it could drive the price of LUNC to new highs.

It all started in 2022 when Terra Luna (LUNA) experienced a significant collapse alongside its algorithmic stablecoin, TerraUSD. The fallout from this collapse resulted in the delisting of LUNA from several exchanges, causing investors to suffer losses exceeding $60 billion. However, in response to this crisis, Terraform Labs, led by Do Kwon, initiated a fork of the original chain, preserving the Terra (LUNA) identity while rebranding the original chain as Terra Luna Classic (LUNC).

Despite the challenges it faced post-collapse, the LUNC community has shown immense faith in the project. However, the relisting will end all the woes the token has suffered, which also marks a positive signal for the project’s prospects.

Crypto Reaction

The news of Coinbase’s potential relisting of Terra Luna Classic has generated a bullish sentiment within the community. At the time of reporting, the price of LUNC had increased by 1.10% in the past 24 hours, reaching $0.0001054.This upward trend coincides with other positive developments within the LUNC ecosystem, such as proposals to engage Allnodes as an official organization to manage the endpoint for circulating supply. In the meantime, the price of USTC has dropped 2% in the past 24 hours and is now $0.0227. The 24-hour low is $0.02233 and the 24-hour high is $0.02389.

Pepe’s Price Forecasted To Surge 200%: Here’s When ?
#Memecoins #BinanceLaunchpool #altcoins #BTC #bitcoinhalving In the crypto-verse, meme coins and tokens have made much noise lately due to Solana’s recent blockchain activity, giving the tokens a much-needed energy boost. With Solana meme coins DogWifHat and Maneki charting out their unique price paths, Ethereum’s Pepe is also leaving no stone unturned to rise to the top of the meme coin game. Pepe surged nearly 40% last month, trading at $0.000008386 at press time. Here’s how Pepe will surge in May 2024. The meme coin frenzy remains afresh within the crypto community as several crypto enthusiasts continue to trade and interact with multiple meme tokens.

PEPE’s rife trading activity may help the token surge to new highs. The platform forecasts Pepe to spike by nearly 200% in May, trading at $0.00002887 by the end of the month. The platform further adds to how PEPE’s technical indicators look healthy, with pointers denoting the token’s trading momentum in green.

According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to rise by 229.06% and reach $0.00002887 by June 11, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 56 (greed). Pepe Coin recorded 18/30 (60%) green days with 17.78% price volatility over the last 30 days. Based on the Pepe Coin forecast, it’s now a good time to buy Pepe Coin.”

“The Pepe Coin price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Pepe Coin projections, PEPE will be changing hands at $0.00001305 on May 19, 2024, gaining 48.76% in the process.The beloved frog-themed Internet meme turned token, Pepe, has long been trading into a bullish realm. The token has continued to breach several price milestones and may hit a new price threshold by the end of 2024. Per Coincodex, the token may hit $0.00004161, surging nearly 300% in the process.

Pepe Price Prediction: Is PEPE Ready to Ride the GME Wave ?
#Memecoins #BinanceLaunchpool #BlackRock #BTC #bitcoinhalving #PEPE price has surged approximately 130% in the last 30 days, hitting a new all-time high on May 13th.Chart analysis shows bullish reversal at $0.0000050, forming a rounding bottom with neckline at $0.000010, suggesting potential upward movement.As buyers break through the psychological resistance at $0.000010, the uptrend gains momentum.Falling channel breakout and inverted head and shoulders pattern hint at a notable rally in the meme coin's price.

Confirmation of inverse head and shoulders indicates potential breakout from $0.00000972 to $0.000013, marking a 50% target from neckline.
With ongoing bullish momentum, PEPE's likely price target ranges from $0.0000150 to $0.0000184, supported by 1.61 external Fib retracement.
As per Coingabbar Price prediction, Exercise caution as RSI exceeds 70, indicating overbought conditions. A breach may induce bearish reversal, testing $0.0000073 EMA support.

KEY LEVELS :

RESISTANCE LEVEL : $0.000013000-$0.000018000

SUPPORT LEVEL : $0.000009000-$0.000007300

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

FLOKI Price Prediction: As FLOKI Soars 21% To Outperform SHIB, BONK, And WIF !!!
#Memecoins #altcoins #BinanceLaunchpool #BTC #bitcoinhalving The FLOKI price soared 21% in the last 24 hours to trade at $0.0001946 as of 11:43 p.m. EST on trading volume that surged 408% to $437 million.
The jump has allowed FLOKI to outperform market titans like SHIB, BONK, and WIF, which rose 8%, 9%, and 11%, respectively. The FLOKI price surge comes as meme coins rally on news that Roaring Kitty, the personality behind the GameStop stock saga in 2021, resurfaced on X.
The development ignited a meme coin rally led by GME, with the sector’s market cap soaring 5% to $53.6 billion.

The FLOKI price has been on a downtrend since April, which saw FLOKI drop to the support zone around $0.0001267 in mid-April, data from Geckoterminal shows. This support allowed the bulls to push the price steadily to the resistance level around $0.0002080, and the price fluctuations within this range formed an ascending triangle pattern.With FLOKI crossing the lower boundary of the triangle, the bulls are aiming to continue with this breakout to push the price over the upper boundary of the triangle.FLOKI trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish stance to the upside.Moreover, the Relative Strength Index (RSI) trades upwards at level 68 as it heads to the 70-overbought region. If the bullish stance is sustained, the RSI could easily cross into the overbought region, showing continued investor optimism.Additionally, the green bars on the histogram extend over the neutral line, an indication that FLOKI is currently on a positive momentum.

FLOKI Price Prediction

The FLOKI price analysis indicates that the price is poised to rally above the upper boundary of the ascending triangle pattern, with the bulls aiming for prices above $0.000290.
The major price indicators, including the RSI and the MACD, indicate positive sentiments. FLOKI also forms a golden cross at $0.0001741, which could propel the price even higher.

FLOKI Price Soars 10% As Token Burn Proposal Gains Majority Support !!
#Memecoins #BinanceLaunchpool #BTC #bitcoinhalving #MicroStrategy Floki Inu (FLOKI), a renowned dog-themed meme coin within the crypto space, has gained significant traction today, May 14, as its price rallied nearly 10%. Leading the meme coin sector alongside prominent meme crypto such as Pepe coin, the Floki has promptly emerged on crypto investors’ radar as another bullish event for the meme coin appears to be in the pipeline.
Floki DAO, the decentralized autonomous organization behind Floki Inu, has recently issued a token burn proposal, aiming to permanently remove slightly above 15 billion tokens from circulation. This announcement has fueled optimistic market sentiments for the meme coin’s price action ahead.
In an official statement released by the meme coin’s community on X, it was pointed out that the DAO’s proposal aimed to burn a whopping 15.24 billion FLOKI tokens. In context, the DAO suggested burning tokens recovered from a blacklisted wallet, with the exception of returning 1% to the affected wallet as a goodwill gesture.Concerning this, 15.40 billion FLOKI, worth $2.8 million, was transferred to the Floki multisig, and in turn, 1% of the tokens were proposed to be returned to the affected wallet. Simultaneously, the proposal aimed to burn 15.24 billion tokens and return 154 million tokens.

It’s worth noting that the proposal gained 99.84% votes in favor at press time, with ‘no’ votes totaling 0.16%. This potentially paves an optimistic path for the proposal’s greenlight ahead.

FLOKI Price Springs

While writing, Floki Inu’s price noted an uptick of 10.37% in the past 24 hours and is currently trading at $0.0001917. The meme crypto’s 24-hour trading volume saw a rise of 328.22% to $506.27 million, further pushing optimistic market sentiments.
As seen before, FLOKI token burning chronicles appear to have a profoundly positive effect on the token’s price action, fueling in an upward momentum.

Bonk Price Prediction as Meme Coins Bounce After Sell Off – Is Now the Time to Buy?
#altcoins #BinanceLaunchpool #BlackRock #BTC #bitcoinhalving The Bonk price has crept up by 0.7% in the past 24 hours, reaching $0.00002312 while the market as a whole posts a 2.5% gain today.This move doesn’t do enough to clear BONK’s 16% loss in a week, although the Solana-based meme token remains up by 35% in the last 30 days.

Even more impressively, the coin has also gained by a whopping 5,400% in the past year, making it one of the best-performing top-100 tokens over this period.BONK’s chart is showing signs of recovery, and what’s particularly bullish is that this recovery has only just begun, meaning that more gains are in store in the near term.

Its 30-day average (orange) has only just begun rising again for example, meaning that the coin’s price has plenty of time left to rise before the 30-day overtakes the 200-day (blue) and rises significantly above.At the same time, BONK’s relative strength index (purple) has risen from just under 30 very early this morning to around 60 as of writing, signaling a strong surge in buying pressure and momentum.Such momentum should carry the meme token for several more days yet, with the coin’s volume only just beginning to recover.

Also bullish is the fact that the coin’s resistance (red) and support (green) levels are honing in on each other, implying that the price is likely to be squeezed suddenly in either direction.

Given that BONK has spent more than a week declining, it’s likelier that a big move will be more towards higher levels.BONK is likely to rise in step with the wider market, which after a difficult couple of months (relative to the highs of early March) is looking ready to return to growth.Such growth will speed up once financial markets gain a strong suspicion that the Fed will cut interest rates, which have so far remained at high levels this year.More generally, Bonk’s particular situation looks good insofar as it’s a rare example of a deflationary meme token.