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今が#OM. コインを購入するのに最適な時期です🪙🪙。その価値は0.21ドルです。この絶好のチャンスをお見逃しなく、guy#Write2Earn #TrendingTopic #Mantra(om) #Mantra 

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Artificial intelligence determined the price of bitcoin as of Aug. 1 After bitcoin (BTC) recovered sharply - its price rose from $55,000 to $65,000 - the price outlook for the major cryptocurrency looks quite positive. According to advanced artificial intelligence algorithms on the PricePredictions platform, bitcoin will continue to increase its price by August 1, 2024, eventually reaching $68,953.45 (almost $69,000). If this prediction, based on the interplay of various technical indicators such as Bollinger Bands (BB), Moving Average Convergence and Divergence (MACD), Average True Range (ATR), etc., turns out to be correct, it will lead to a 6.16% increase in bitcoin's price relative to current values. Renowned cryptocurrency trading expert Michael van de Poppe recently noted that bitcoin is “consolidating nicely over a four-month range” and is “very likely to continue rising” as long as it holds above $60,000. He also noted that bitcoin's NVT ratio, an important indicator of the major cryptocurrency, has reached “its lowest negative value in 2.5 years,” accordingly, the correction is over. $BTC

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Polygon Price Forecast: MATIC sees end of corrective trend Despite Wednesday's market decline, Polygon's price forecast shows a rise of more than 2% to $0.55. This bullish momentum, which has been sustained in recent weeks, is now challenging the multi-month resistance of the descending wedge pattern. On the back of the recovery trend, the launch of Plonky3 Polygon could lead to increased demand for MATIC as a native token. But is it enough to avoid a 4-month correction? Polygon price forecast: will Plonky3 improve MATIC's market performance? Over the past four months, Polygon's price has shown a steady downtrend under the influence of a descending wedge pattern. Two converging trend lines as dynamic resistance and support have fallen, the asset price fell from $1.29 to $0.42, recording a loss of 66.8%. However, MATIC price started an immediate reversal to $ 0.55 as recovery sentiment resumed in the market in July. The V-shaped recovery recorded a gain of nearly 30%, while Polygon's market capitalization jumped to $5.5 billion. The bearish crossover between the daily EMAs (50, 100 and 200) indicates that the path to the lowest resistance is still down. However, the rising price recently retraced the 20-day EMA as the first sign of a recovery attempt. Amid the bullish market sentiment, Polygon Labs announced the launch of Polygon Plonky3, an advanced zero-disclosure (ZK) verification system now ready for production. This new system, based on its predecessor Plonky2, is modular and customizable, allowing for the creation of custom ZKVMs or ZKEVMs for specific applications. $MATIC

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51.59 billion XRP: XRP mega-holders reach a major milestone Data online reveals an interesting trend among XRP mega-holders, in this context referring to addresses that own more than 100,000 XRP tokens. These large holders, referred to as “whales” and “sharks,” have been slowly increasing their holdings as the price of XRP consolidated before its current spike. Data from network analytics firm Santiment highlights a growing accumulation trend among large holders of XRP, as these organizations, which own at least 100,000 XRP coins, have steadily increased their holdings since last August. Santiment noted a notable turning point in supply accumulation since that period. Following the historic July 2023 Ripple-SEC lawsuit ruling that finally declared XRP not a security, XRP jumped to $0.95 before declining in the following weeks. XRP would later hit a low of $0.44 the following August; however, according to Santiment, whales took this as the perfect opportunity to begin a long period of accumulation stretching over months. This ongoing accumulation trend has led to a new asset high for these XRP mega-investors. Large holders of XRP hit a new high with 51.59 billion XRP holdings According to Santiment, XRP wallets holding more than 100,000 tokens now hold 51.59 billion XRP, representing a new all-time high and 85% of total supply. After days of consecutive price increases, XRP hit a high of $0.62 in today's trading session as bullish predictions for its price emerged. As reported, XRP is depicting a “golden cross” on its four-hour charts, confirming the current bullish surge. At the time of writing, XRP has trimmed some of its intraday gains and is up 4.7% over the past 24 hours to $0.61. After a weekly gain of more than 40%, XRP has regained the sixth spot on the market with a market value of $33.99 billion. $XRP

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Solana will be the next cryptocurrency for ETFs after Ethereum According to Bloomberg analyst Eric Balchunas, after the launch of an Ethereum-based exchange-traded fund, a Solana-ETF will appear just next week. According to him, this will happen due to a “dam bursting”. Keep in mind that after launch... I'm sure ETH-based products will be added, then Solana-based, and then... it will probably never end. The dam will be broken,” the Bloomberg analyst noted. The Ethereum-ETF is believed to be officially launched on July 23. The SEC sent final instructions to Ethereum ETF issuers during the latest negotiations. Thus, the launch date for the ETH product has been set for July 23. This event should have a huge impact on the asset's price, as it did with bitcoin. Having launched in January, BTC reached a record high of $73,000 just three months later. Interestingly, GSR Markets also concluded that SOL is the most likely contender for the next ETF. In their opinion, this is due to increased demand as the token has “established itself in the big three cryptocurrencies.” $SOL

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On July 16, Institutionalists and whales invested $278 million in cryptocurrency The cryptocurrency market is once again filled with optimism, which is accompanied by a significant inflow of capital from crypto whales and institutional investors. In particular, three prominent whales have invested more than $278 million. They transferred USDT from a Tether Treasury wallet to two anonymous addresses and a Cumberland wallet. Later, they sent steiblecoins for the said amount to the crypto exchanges Kraken, Coinbase, OKX and Binance. Notably, $198.7 million of the $278.7 million in USDT was issued on the Tron network, while $80 million came from the Ethereum (ETH) blockchain. This suggests that organizations are buying USDT directly from Tether, injecting money into the crypto ecosystem in order to acquire other cryptocurrencies. Interestingly, Tether issued $1 billion in USDT just one day before the activity of these cryptocurrencies and institutional investors. On July 15, an additional billion in stablecoins were added to the Tron network. Tron founder Justin Sun revealed that over $60 billion worth of USDT has been issued on its network. $ETH $TRX

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