📊 $PEOPLE
{spot}(PEOPLEUSDT)
/USDT Technical Analysis: Time to Watch These Key Levels!PEOPLE is making moves with a current price of $0.08528, up +8.71% in the last 24 hours. The market is heating up, and traders are eyeing three key targets. 🎯🎯 Target 1 - $0.09000:
This level serves as the immediate resistance. A breakout here could spark further upward momentum, potentially attracting short-term traders.🎯 Target 2 - $0.09200:
If the bulls manage to push past $0.09000, this level comes into play as a psychological barrier. Watch out for volume surges, as hitting this point could signal strength in the trend.🎯 Target 3 - $0.09500:
Breaking $0.09200 opens the door to this ambitious target. Hitting $0.09500 would indicate a bullish rally with potential for sustained growth.Support Levels:
Keep an eye on the support at $0.07800—this level could act as a safety net if selling pressure increases.
Why Shiba Inu May Be Best This Cycle
Despite underperforming other meme currencies, Shiba Inu (SHIB) may be a significant gainer in this market cycle. A strong view for the meme currency stems from its fundamentals.
Why Shiba Inu May Be Best This Cycle
Due to its burn rate, Shiba Inu may be best this cycle. Since the number of tokens burnt keeps rising, the meme currency may appreciate and see price rises. Burn rates increased by approximately 7,900% recently, which might drive prices to $0.00008.
The team's purposeful use of deflationary techniques to remove as many coins as possible would increase Shiba Inu's burn rate. The company uses basic transaction fees on layer-2 network Shibarium to acquire and burn SHIB tokens.
Shibarium's poor network activity hasn't stopped SHIB's burn rate from rising. Once the layer-2 network gains momentum again, the burn rate might skyrocket. Peak network activity in December saw Shibarum burn over 33.8 billion SHIB tokens.
The upcoming introduction of the privacy-focused layer-3 network in the Shiba Inu ecosystem gives SHIB a bright outlook. As more people join the meme currency ecosystem, its usefulness and acceptance will expand. Like Shibarium, the Shiba Inu team may create a SHIB buyback and burn mechanism on the layer-3 network.
Big Things Are Ahead For SHIB
The meme coin's positive view from the Shiba Inu team is another reason it may be a good investment this cycle. The team made numerous important announcements recently, boosting SHIB. Shiba Inu Exec Lucie announced the Shib DAO and Foundation debut.
SHIB, BONE, LEASH, and TREAT token holders will participate in ecosystem choices via the Shib DAO, decentralizing Shiba Inu. This will make the meme currency ecosystem more appealing because community members make decisions.
Lucie just announced Shiba Inu's Mass Finance cooperation. For Shiba State, the finance corporation will be the “financial layer”. This alliance should speed acceptance and expand Shiba Inu ecosystem engagement.
#SHIB #Shibarium $SHIB #MemeCoinTrending
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$MANA
{spot}(MANAUSDT)
/USDT Technical Analysis: Breaking Key Levels!
MANA/USDT is currently trading at $0.3412, showing a sharp 16.05% rise in the past 24 hours. After touching a high of $0.3440, MANA has pulled back slightly but remains strong. Here’s what to watch next:
🎯 Target 1: $0.3500
This immediate resistance level has already been tested, and a clear breakout could lead to further bullish momentum. Keep an eye on volume spikes for confirmation of strength.
🎯 Target 2: $0.3700
If $0.3500 is decisively broken, the next target will be $0.3700. This is a significant psychological level and could attract increased buying interest if MANA maintains its upward trajectory.
🎯 Target 3: $0.4000
This key level marks a strong bullish zone, and reaching it could signal a major trend reversal. Traders will likely take profits here, so watch for potential consolidation if the price reaches this point.
Stay tuned as MANA continues to show signs of growth. Let's see how the price action unfolds!
🚨 $CELO /USDT ON A ROCKET TRAJECTORY – EXPLOSIVE GAINS AHEAD? 🚨
The CELO/USDT pair has been on a rapid ascent, posting an impressive +11.47% gain in the last 24 hours, currently trading at $0.8622 USDT. The bullish sentiment in the market is palpable, with a surge in volume reflecting strong interest. Could this be the start of a powerful uptrend, or are we approaching overbought levels that might see a reversal?
💡 Market Trends Overview:
24h High: $0.8728 USDT
24h Low: $0.7586 USDT
Current Price: $0.8622 USDT
Volume (CELO): 19.48M
Volume (USDT): 16.04M
The price recently touched a high of $0.8728, but faced a quick rejection, signaling potential exhaustion near resistance. Still, buyers are stepping back in around the $0.8542 level, holding the price just under the resistance.
📉 Long-term Outlook: The bullish momentum could drive the price above $0.8728. If CELO breaks and holds this key resistance, we may see it shoot toward the next target around $0.91-$0.92. However, volume needs to sustain for this momentum to carry forward. Bulls must protect $0.8542 for a long-term continuation.
Long Signal: Entry on breakout above $0.8728 with a target at $0.91 and stop loss at $0.8542.
⚠️ Short-term Caution: Should the price fail to break above $0.8728, a short-term pullback is likely. A breakdown below $0.8542 could lead to testing the lower support zone around $0.8328, where bears might take control.
Short Signal: Entry on rejection at $0.8728 or loss of $0.8542 with a target of $0.8328 and stop loss at $0.8728.
🔥 Conclusion: CELO is sitting at a critical inflection point. A breakout past $0.8728 could ignite another bullish leg, but a failure to push higher risks a retracement. Keep a close eye on volume and momentum at key levels!
#MemeCoinTrending #MemeCoinTrending #SCRSpotTradingOnBinance #USRetailSalesBoost #Therapydogcoin
Tron’s memecoin launchpad SunPump pushed the blockchain’s Q3 revenue to a record $151.2 million, up nearly 30% from the previous quarter, Messari reports.
{spot}(TRXUSDT)
A frenzy saw 89,000 tokens launched on SunPump between mid-August and September, spiking decentralized finance transactions by 487%.
$TRX remained deflationary with 587.6 million tokens burned. However, new token launches dropped significantly in September. SunDog became the top memecoin with a $217 million market cap.
Despite strong Q3 growth, Tron’s Total Value Locked (TVL) slipped to $6.98 billion, down 32.8% from its March 2024 high.
Source: CoinPedia
🚀 Jim Cramer’s latest take on the market! 🌐
- Cramer criticizes the semiconductor sector's recent sell-off, blaming Wall Street's short-sightedness.
- He believes advanced graphics chips in AI will keep demand high.
- Cramer sees potential in sectors like healthcare, climate change, and autonomous driving.
- Tech stocks, especially in the Nasdaq 100, need to push past July peaks for a broader rally.
- Huntington Bancshares (NASDAQ:HBAN) gets a nod for its solid growth and 4.2% yield.
What are your thoughts on Cramer's insights? Comment below! ⬇️ #StockMarket #Investing #TechStocks
Tapioca DAO successfully stopped an additional $2.7 million theft after a major exploit drained $4.4 million in Ethereum and other crypto from the platform.
The exploit affected its smart contracts, but quick actions by the team helped recover 1,000 ETH by moving it to a safe address. However, despite their fast response, the hack left the TAP token's price severely impacted.
The investigation points to possible involvement of North Korean hackers, likely the infamous Lazarus Group, known for a series of high-profile crypto attacks.
The U.S. government has been closely tracking similar incidents, as the Lazarus Group has been involved in several hacks in the crypto space, including attacks on platforms like Stake.com
🚨 MAJOR ALERT: TOPT (x-Empire, Major, and Blum) NEARING BINANCE LAUNCHPOOL! ⚠️
The crypto world is about to witness another major development, and traders need to be on their toes! TOPT, backed by x-Empire, Major, and Blum, is soon to debut on Binance Launchpool – one of the most sought-after platforms for new tokens.
💡 Why is this Important? 💡
Binance Launchpool is known for launching top-tier projects, giving early access to significant opportunities. Participating in these pools can often lead to huge gains, but the volatility can also present considerable risks. With TOPT set to make waves, both early adopters and cautious investors should be prepared for potential rapid price movements.
💥 What You Need to Know 💥
The backing of Major players like x-Empire and Blum adds credibility and confidence to TOPT’s prospects. However, as we’ve seen before, listings on Launchpool can lead to massive initial surges, followed by sharp corrections once the hype settles. This is where careful analysis and risk management come into play. It’s crucial to stay updated on the project’s developments, tokenomics, and market sentiment.
⚠️ Proceed with Caution ⚠️
While the upside potential is promising, you should always be mindful of the potential for price swings. These early phases are often marked by unpredictable volatility, especially with such high-profile backers in the mix. Ensure you’re making informed decisions, and don’t get caught up in the FOMO (Fear of Missing Out).
Be smart, stay informed, and make your move when the time is right!#TeslaTransferBTC #BNBRisesTo600 #SCRSpotTradingOnBinance #USStockEarningsSeason #GrayscaleConsiders35Cryptos
U.S banks are facing unrealized losses estimated to be 7 times higher than during the 2008 financial crisis, highlighting significant financial stress within the banking sector. 📉 #BankCrisis #FinancialStability #USFinance
- Current Sentiment: X posts reflect a mix of alarm and analysis regarding the health of U.S. banks, with many users drawing comparisons to the 2008 financial crisis, suggesting a potential for broader economic implications.
- Data Points: While exact figures might differ slightly across sources, there's a consensus on the magnitude of unrealized losses being significantly higher than in 2008, pointing towards increased financial risk due to various economic factors like rising interest rates.
- Economic Implications: This situation could lead to tighter regulatory scrutiny, potential government interventions to stabilize the financial system, or adjustments in monetary policy. The conversation also hints at broader economic impacts like inflation or liquidity issues.
- Public Reaction: On platforms like X, there's a noticeable concern about the stability of the financial sector, with some users advocating for alternative investments like silver and gold, indicating a lack of confidence in traditional banking stability.