Approfondimenti di DevMak(@Square-Creator-DevMak)

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#CryptoAMA  ciao

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DevMak

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$PEPE https://merchant.binance.com/en/how-to-accept/PEPE

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$PEPE LP Tokens Burned: Liquidity Provider (LP) Tokens: When you provide liquidity to a decentralized exchange (DEX) like Uniswap or PancakeSwap, you receive LP tokens in return. These tokens represent your share of the liquidity pool. Burning LP Tokens: This means the project team has permanently destroyed these tokens. This action is seen as a positive sign because it shows that the team is committed to the project's long-term success and isn't planning to rug pull (suddenly withdraw liquidity and abandon the project). Contract Ownership Renounced: Smart Contract: A self-executing contract with the terms of the agreement directly written into code. Renouncing Ownership: This means the project team has given up control over the smart contract. They can no longer make changes to the code or withdraw funds from it. This is another security measure to prevent rug pulls and ensure the project's transparency. Why are these important? Both actions, burning LP tokens and renouncing contract ownership, demonstrate the project's commitment to transparency, security, and long-term sustainability. By taking these steps, the project team shows that they are not looking for a quick profit but are genuinely interested in building a sustainable and trustworthy project. https://www.pepe.vip/

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$PEPE PEPE coin does not have a deflationary mechanism built into its protocol. This means that there is no automatic burning or destruction of tokens over time, which would reduce the total supply and potentially increase the value of the remaining tokens. Instead, PEPE coin operates on an inflationary model, with a fixed maximum supply of 420.69 trillion tokens. This means that as more tokens are traded and held, the overall supply remains constant, potentially leading to decreased value per token over time

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$PEPE circulation supply still on 420.69 T no modification yet. it's really self deflationary coin????

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$YGG Overall Trend: Short-Term (15 minutes): The chart indicates a clear downward trend in the short term. The price has been consistently declining over the past 15 minutes. Intermediate-Term (1 hour): There seems to be a slight upward trend in the intermediate term. However, the price is still below its recent high, suggesting a potential downward correction. Long-Term (1 day): The long-term trend is also slightly downward. The price has been consolidating below a key resistance level. Key Indicators: Moving Averages: The 5-day moving average is below the 20-day moving average, which is a bearish signal. Bollinger Bands: The price is currently below the lower Bollinger Band, indicating oversold conditions. This could potentially lead to a rebound. MACD: The MACD line is below the signal line, suggesting a bearish momentum. Potential Scenarios: Downward Continuation: If the selling pressure persists, the price could continue to decline. Key support levels to watch are the recent lows. Rebound: The oversold conditions and the slight upward trend in the intermediate term suggest a potential rebound. However, the downward pressure from the short-term trend could limit the upside. Consolidation: The price could consolidate within a range for a period before resuming its trend. Additional Considerations: Volume: The volume is low, which could indicate indecision among traders. News and Events: Any news or events related to YGG could significantly impact the price. Disclaimer: This analysis is based on the chart and is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions

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