** FUNDAMENTALS **
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) focused on investing in non-fungible tokens (NFTs) used in virtual worlds and blockchain-based games. Here are some key fundamentals about YGG coins:

1. **Purpose and Vision**:
- YGG aims to create the largest virtual world economy by optimizing its community-owned assets for maximum utility and sharing profits with its token holders.
- The project focuses on leveraging the play-to-earn model, enabling players to earn real-world income through gaming.

2. **Governance**:
- YGG is governed by its community through the YGG DAO. YGG token holders can propose and vote on key decisions and the direction of the organization.
- This decentralized governance model ensures that the community has a direct influence on the project's development and asset management.

3. **Staking and Rewards**:
- YGG tokens can be staked to earn rewards. These rewards can come from the profits generated by the DAO's assets, such as in-game NFTs that are rented out to players.
- Staking provides an incentive for holders to participate actively in the ecosystem and contribute to its growth.

4. **Partnerships and Ecosystem**:
- YGG has formed partnerships with various blockchain games and virtual worlds to acquire in-game assets that generate revenue.
- The organization collaborates with developers, guilds, and other stakeholders in the blockchain gaming space to expand its ecosystem.

5. **Revenue Model**:
- The DAO earns revenue from its in-game assets through activities like renting NFTs to players (scholars) who use them to participate in play-to-earn games.
- A portion of the earnings generated by scholars is shared with the DAO, which in turn distributes rewards to YGG token holders.

6. **Community and Growth**:
- YGG has a strong and active community of gamers, investors, and blockchain enthusiasts.
- The project emphasizes community engagement and education to onboard more users into the play-to-earn model and the broader blockchain gaming space.

JUP analysis:

Price has reached the major support area. There might be some accumulation around the support area before the next move. You can place buy orders in this zone with a tight stop loss.

Support Area: $0.837-$0.893

Resistance Area: $1.14-$1.23

There is no liquidity left on the downside, and the majority of long positions have been liquidated. A large cluster of short position liquidations is around $68,800, indicating a bounce is expected soon.

The altcoin market cap (TOTAL2) is now approaching the trendline. A bounce may occur after a retest, making it a good time to accumulate your favourite altcoins on the dip.

Support Area: $1.00-$1.05 Trillion

Bitcoin was unable to break above the $70,000 level and was strongly rejected from there. The price is now dropping, and if BTC is unable to hold the $67,000 support area, we may see a decline towards the $64,500-$65,500 support area. Keep an eye on the market.

The Bitcoin futures market is seeing a significant change. Margined futures open interest using BTC as collateral has dropped from 70% in early 2021 to less than 20% by mid-2024, according to Glassnode.

This indicates a growing preference for using more stable collateral like USD or stablecoins to mitigate Bitcoin's price volatility risks.

SKL analysis:

Price has now reached a major resistance area. A bounce may occur, so consider opening a small long position with a tight stop loss.

Support Area: $0.063-$0.0662

Resistance Area: $0.0718-$0.0732

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ETH is currently holding the support area, indicating a positive trend.
- There might be some accumulation before the next upward movement.

Recommendation:

- If you missed entering earlier, consider opening a long position at the support area.

Key Levels:

- Support Area: $3640-$3720
- Resistance Area: $3950-$4000

Analysis:

- If ETH breaks out above the resistance area, the next target could be $4100-$4200.
- However, if ETH fails to hold the support area, the next downside target could be $3500-$3600.

Please note that this is a hypothetical analysis and not a real-time market recommendation. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always do your own research and consult with a financial advisor before making investment decisions.

Bitcoin moved upward when the US market opened but failed to break above the resistance area. Another attempt to move towards the resistance area may occur. BTC needs to surpass the $70,000 mark to gain bullish momentum.

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GHST pumping hard and made a high of $2.22 today. That is more than 41% profit from our entry. This is the power of a good TA+FA signal. Pin our channel on top to never miss a signal.

FRONT broke the downtrend line and the price is moving up. Price is giving a good rally in anticipation of the migration event coming close. We may see a dump in price on 6 June after the launch of the Selfchain mainnet. So you can book profit or use a tight stop loss.

📈 Bitcoin Percent Supply in Profit Update:

Closed May 2024 at 90.71%! This means 90 out of 100 BTC investors are currently profitable.

According to Glassnode, a level of 95% and above is considered the "Hot Zone."

TON analysis:

Price is bounced from the support area and we may see a move towards the resistance line. You can open a long position around the support area with tight stop loss.

Support Area: $6.00-$6.25

Resistance Area: $7.25-$7.40

#Megadrop #MtGox #StartInvestingInCrypto

📢Japanese crypto exchange DMM Bitcoin was hacked, losing 4,502.89 $BTC , worth $305M.

🟠According to lookonchain: Currently, the hacker has transferred the 4,502.89 $BTC to 10 addresses.

🔗Source: Click here

ETH has again dropped to the support area and taken liquidity from there. The price has bounced from there, indicating a positive sign. We might witness a continuation of the upward movement now.

$GHST about to make a big move!🚀

Don't miss out on this explosive opportunity😊

ETH has rebounded from the support area as expected, signalling a positive trend for the altcoin market. ETH often leads the way for altseason. We may expect further upward movement, with the major resistance level at $4000. A break above $4000 will be bullish.

MEME has broken the triangle pattern in an upward direction, and the price is now testing the resistance area. Meme coins are showing strong upward movement, and we expect a breakthrough of this resistance area. You can consider opening a long position after a break and a candle close above the resistance area.

Resistance Area: $0.0316-$0.033

#Megadrop #MtGox #EarnFreeCrypto2024 #ETHETFsApproved

Bitcoin broke the triangle pattern in an upward direction but was unable to sustain the upward movement. The price is currently holding above the $67,000 support area, which is a positive sign. If the price breaks below this support area, we may see a move toward the $65,000 support area.

STRK is currently breaking out of the falling wedge pattern. The price is now retesting the trendline, and if it can hold above this level, we may see a good upward rally. Consider opening small long positions here with a tight stop loss.

Major Resistance Area: $1.675-$1.805

#ETHETFsApproved #FIT21 #EarnFreeCrypto2024 #PEPE‏