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⚡️ Le monete di intelligenza artificiale più popolari del giorno in base all'attività sociale.
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Catizen excited with its user count: Airdrop could be valuable. Catizen, one of Telegram’s most popular games, has made its mark on the industry by growing very quickly. Catizen, the tap-to-earn Telegram mini-app, announced on September 7 that it reached a total of 34 million users in its first six months. Catizen claimed in a post on the X social media platform that it has 800 thousand paid users on Telegram and earns an average of $33 per user. This rise in the popular tap-to-earn game has naturally increased airdrop expectations. According to a press release shared with Cointelegraph, Catizen’s publisher, PLUTO Studio, recently received an undisclosed investment from The Open Platform, the largest developer group on the TON network. Catizen was set to launch in early 2024 as Pluto’s first publishing venture. It has since received support from Hashkey and Binance Labs. This partnership marks HashKey’s entry into the TON ecosystem, while Catizen becomes the company’s first Web3 partner. HashKey Global’s managing director Ben El-Baz attributed HashKey’s involvement to the rapid growth in the number of developers on the TON blockchain. According to El-Baz, this signals a growing era for the ecosystem. Another Telegram-based game, Hamster Kombat, recently surpassed 300 million users. The company behind the game, Hamster Foundation, is announcing the largest airdrop in history. However, to achieve this, it will need to surpass Uniswap’s 2020 airdrop, which distributed $6.43 billion. Although this airdrop seems difficult for now, Telegram players continue to keep their expectations high. The platform’s constant user acquisition, coins such as #NOT , #HMSTR , and #DOGS reaching high market values, and #TON remaining on the agenda in some way may be among the factors that will make the Catizen airdrop valuable.
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“Historical data points to a bull run for Bitcoin” Crypto analyst Bittel Julien expects a rally for #Bitcoin (BTC), which has fallen by 10.85 percent in the last month. Leading cryptocurrency $BTC defied all market predictions last month. Despite crypto investors’ bullish expectations, BTC, which has been declining since August, fell to $52,000. Bullish expectations began to decline as the Fear and Greed Index showed the “Fear” level. Crypto analyst Julien likened the declines to the 2019 cycle. Bittel Julien, who discussed the price movements of Bitcoin (BTC) in 2019, claimed that history would repeat itself. Underlining the current consolidation phase, Julien stated that the volume loss in question lasted 175 days. “As in the 2019 cycle, BTC is stuck in a similar consolidation phase,” said the analyst, arguing that if $BTC continues the same scenario, it will make a significant increase. The analysis showed that BTC rose from $ 7,200 to $ 10,000 in 2020 after a long consolidation. AMBCrypto, which supports Julien’s bullish scenario based on the historical cycle, said the following: “Market behavior shows accumulation, which indicates the investor’s confidence in potential future price gains. This is a bullish signal, and increasing accumulation results in buying pressure that pushes prices up.” The analysis stated that long-term investors still hold #BTC despite the price declines, and that this situation gives an important signal about “belief.”
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Is Bitcoin (BTC) on the mend? The famous analyst commented. A technical indicator called the Chande Momentum Oscillator (CMO) is signaling a potential price reversal for BTC. #Bitcoin (BTC), which has experienced a significant 10 percent drop in the past two days, is now preparing for a reversal, as shared by a crypto expert. On September 7, 2024, crypto analyst Trader Alan shared a post on X (formerly Twitter) stating that the technical indicator called the Chande Momentum Oscillator (#CMO ) is signaling a potential price reversal for Bitcoin. According to the indicator, BTC could rise to $57,500 in the coming days and then to $65,000. After reaching an all-time high of $73,777 in March 2024, BTC has been moving in a descending channel pattern ever since. The analyst noted that when #BTC reached the bottom of the channel pattern, the technical indicator CMA touched the recovery trigger zone, and the price of BTC began to recover significantly and rise. Looking at the cyclical price movements, it seems that $BTC is likely to rise to $57,500 and $65,000 in the coming days. As of writing, #BTC is trading at $54,480, up 0.8 percent in the last 24 hours. In addition, trading volume fell by 25 percent in the same period, indicating that traders are cautious due to the recent market sell-off. BTC’s open interest has remained stable over the last 24 hours. However, it has been steadily decreasing since September 3, 2024, indicating a decrease in investor interest.
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Elon Musk’s DOGE signal: Dogecoin bull may be near. Elon Musk surprised everyone by sharing a post coded as “#DOGE ” based on the US presidential elections. Elon Musk may come up with the idea of representing himself as the head of a new government agency if former US President Donald Trump is elected president in the November 2024 elections. As expected, Musk shared the idea on the X social media platform using an ambiguous expression referring to cryptocurrency and politics. The post featured an AI-generated image of Musk sitting behind a desktop sign with the letters “$DOGE ” on it. The image was accompanied by the text “Department of Government Efficiency.” Dogecoin reached a 24-hour peak in the hours following Musk’s post. However, as of the writing of the news, it has remained below the peaks of previous weeks for the last seven days. Trump recently promised to establish a government efficiency commission. Musk retweeted the video of Trump’s remarks with his own commentary, saying “this is needed.” The billionaire tech mogul appeared to have promised to contribute to the political committee, but refrained from saying he would accept an official government position. It is currently unclear whether #Musk is seriously considering a government position. The US presidential election in November will be very important for cryptocurrencies. Donald Trump’s positive outlook on the sector could trigger a new bull run.
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Ethereum (ETH) critical data: All eyes on altcoins! ETH liquidity on US exchanges has fallen by as much as 40 percent since spot $ETH ETFs began trading. Ether liquidity has fallen by 20 percent in US markets since the launch of nine ETFs in July. The drop in liquidity raises concerns and, more importantly, indicates greater sensitivity to large orders. With shallow market depth, it follows that even small transactions can cause large price changes. Jacob Joseph, a research analyst at CCData, said liquidity is still better than at the beginning of the year, but has fallen by almost 45 percent since its peak in June. This is mainly due to weak market conditions and seasonal effects, as fewer transactions occur in the summer months. Spot #ETH ETFs were expected to increase liquidity, as did Bitcoin ETFs launched earlier this year. However, this did not happen. Ether ETFs have seen cumulative outflows of over $500 million since their launch. This has contributed to an overall decrease in liquidity, making markets even more volatile. The decrease in liquidity is actually a challenge for both investors and traders. In low liquidity situations, slippage (the opening of the price range for buying and selling) is much higher. The big problem is that institutional investors want their markets to be stable and have good liquidity. If the number of transactions from these big players decreases, a vicious cycle of even lower liquidity and prices can begin. For now, #ETH is trading at around $2,258, down more than 4% in the last 24 hours.
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Ultime notizie
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BitGo Expands Wrapped Bitcoin To BNB Chain And Avalanche
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US 10-Year Treasury Yield Falls to Lowest Level Since June 2023
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Solo Miner Wins $181,000 Bitcoin Block Reward
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