THIS TOKEN IS SHOWING INTENTIONS TO HOLD ITS PRICE UNTIL...
If you're looking for tokens that aren't highly valued but is holding its monthly and yearly lows. Then, you're in the right place.
As the market continuously gives room for crypto enthusiasts to find more opportunities. We're also continuously identifying the altcoins that will aid in a trader's growth. Although, all of the analysis, insights and as well as beyond the market identification aren't always 100% correct. Hence, the best way to find opportunity will be taking advantage of market downturns and as well as excitement.
#EGLD have a great chance to hold this key level and even if it doesn't. It will find a new monthly low to hold its price. Thus, a bounce will still most likely happen. If you will be patient enough in waiting for the price to move, for the buyers and sellers' intention to show and to gain more insights on its overall market structure. You will surely benefit from these actions.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
#GAINERSPACK #TRADEANDEDUCATE #EARNINGDAILY
WHY IS ALTCOINS NOT MOVING AS ANTICIPATED?
Altcoins not moving as anticipated can be attributed to several factors. One major reason is the current market sentiment, which is heavily influenced by Bitcoin's price movements. When Bitcoin's price corrects, altcoins tend to follow suit, leading to a decline in their value.
Another reason is the lack of significant adoption and use cases for many altcoins. Without real-world applications and a strong developer community, it's challenging for altcoins to gain traction and sustain price growth.
Additionally, the altcoin market is highly volatile, and prices can fluctuate rapidly. This volatility can make it difficult for altcoins to maintain a steady price movement, leading to disappointment for investors who anticipate significant growth.
It's also worth noting that some analysts believe altcoin seasons will be weaker moving forward, suggesting that the market may be shifting away from altcoins and towards more established cryptocurrencies.#BTCNewATH
COULD SOLANA DETHRONE ETHERUM?
Solana's been making waves in the crypto world, and some experts think it could potentially dethrone Ethereum. One reason is Solana's faster transaction speed and lower fees, making it an attractive option for developers and users alike.
Key Areas Where Solana is Gaining Ground
Decentralized Exchange (DEX) Volume: Solana's DEX volume has surpassed Ethereum's, with $67.43 billion in trading volume, compared to Ethereum's $52.37 billion.
App Fees: Solana generated $322.8 million in app fees, outpacing Ethereum's $311.1 million.
Blockchain Activity: Solana's blockchain activity has been breaking records, with retail traders flocking to the platform for memecoin trading.
While Ethereum still has a massive lead in developer support and ecosystem size, Solana's momentum is undeniable. If Solana keeps up this pace, it could continue to pressure Ethereum and potentially even dethrone it.$ETH $SOL
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Massive Ripple (XRP) transfer scares: Profit sales may come!
#Ripple ($XRP ), which has increased along with the rise in #Bitcoin , has caused concern with the whale transfer.
Onchain data platform Whale Alert attracted attention with a huge $XRP transfer sharing. Approximately $200 million worth of XRP was transferred to the crypto exchange Binance. Following this development, there was a 9 percent increase in the price of the popular altcoin. It came to mind that the whale could make this transfer for profit sales.
According to the data shared by Whale Alert, an unidentified whale transferred a total of 69,300,000 XRP to the Binance exchange about two hours ago. The value of this amount was calculated as $175,875,867 at the time the transfer took place. While the community wondered about the reason for this huge transfer, different interpretations were put forward. While some investors stated that the whale was preparing for a sharp rise, other investors evaluated this move as profit sales.
Ripple-focused analytics platform Bithomp confirmed that this transfer was actually an internal transaction between wallets belonging to Binance. The platform also reported that 800 million and 120 million #XRP were withdrawn from #Binance on Monday. These amounts were worth $1.9 billion and $283 million, respectively.
As of the writing of the news, XRP, which changed hands at $2.66, has increased by 11.38 percent in the last 24 hours. With this rise, it has surpassed the market value of $150 billion. Despite the increase in Bitcoin dominance, the rising major coin has given hope for the upcoming bull season. The bull run in Ripple may accelerate with the positive onchain data. In such a scenario, a movement towards $3 can be expected.
Amidst a strategic refocus, Lido announces the discontinuation of its polygon staking services
Leading liquid staking system Lido has announced that its Polygon staking services will be discontinued. Users have been given the deadline of June 16, 2025, to withdraw their coins. Holders of LDO tokens voted on the matter in a governance vote after lengthy community debates.
In 2021, Shard Labs put up a proposal that started the protocol's voyage on Polygon with much anticipation. Nevertheless, this strategic retreat is the result of other obstacles, such as low user engagement, inadequate incentive generation, and resource-intensive maintenance needs.
The demand for liquid staking solutions on Polygon POS has decreased due to the changing DeFi ecosystem, especially the increasing emphasis on zkEVM solutions.
There is a well-organized schedule for the termination procedure. New stakes cannot be accepted via the Lido user interface after December 16, 2024. After that, there will be a six-month transition period when customers may access their money via the Lido on Polygon UI.
The GOOSE and reGOOSE efforts, which highlight a strategic emphasis on Ethereum, are part of Lido's recent governance actions, which are in line with this decision. The protocol had difficulties in establishing itself as a fundamental DeFi building piece inside an ecosystem that was less than expected, as seen by its experience on Polygon.
To ensure a smooth withdrawal process before the June 2025 deadline, users are advised to go over the withdrawal instructions given by Lido. To make sure customers can still access their money when frontend support ends, the protocol has promised to keep the explorer tools' withdrawal capability.
#LDO #BTCNewATH #Bitcoin110KNext? #BTCNewATHAgain $BTC $ETH $XRP
Happy Birthday, The Graph Network!
4 years ago today, The Graph began with a vision of bringing open data to everyone.
Today, The Graph Network has grown to become one of the largest ecosystems in web3.
🌐 10,000+ Subgraphs
⚙️ 100+ Indexers
🤝 170,000+ Delegators
🔍 800+ Curators
👥 7 Global Communities
🏗️ And thousands of developers using The Graph to build applications, shaping the future of web3.
Happy Birthday to The Graph Network!
#FourYearsofTheGraph
Whale Alert: 5.8 Billion Dogecoin Reactivated! 🐋
Got a whale alert here homies, read up!!
In the last 24 hours, 5.8 BILLION dormant $DOGE tokens sprang to life, sending shockwaves across the crypto community. What’s going on?
Let me break it down:
On-Chain Data Highlights:
Age Consumed Spike: Dormant tokens have moved, this means whales may be repositioning.
Circulation Boom: Daily DOGE movement surged from 1.67B to 5.8B tokens.
{spot}(DOGEUSDT)
Why's this important:
Historically, dormant DOGE activation often precedes big price moves. Case in point? November saw a similar trend, followed by a 234% surge in DOGE’s value within weeks.
Current Price: $0.3991 (down 2% in 24 hours). With Bitcoin stabilizing at $106K, could DOGE be gearing up for another breakout?
Pro Tip: Are whales taking profits, or is this the calm before the DOGE storm? 🌪️ Keep your eyes peeled! It might still be a good time to accumulate before the next moonshot.
👉 What’s your take? Let’s discuss! 👇