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🔹 イーサリアムブロックチェーンの手数料が過去最低に 5月11日、イーサリアムブロックチェーンのガス料金は6グウェイに下がりました。この指標が最後にこのレベルにあったのは2020年1月でした。 🗣 これらの値では、コインの交換には平均6.2ドル、NFTの販売には約10.5ドル、借入には5.7ドル、クロスチェーン転送には2ドルかかります。 👍 Dencunハードフォークの開始後、ネットワーク手数料の減少が始まりました。 $ETH #ETH #Ethereum #DencunUpgrade

🔹 イーサリアムブロックチェーンの手数料が過去最低に

5月11日、イーサリアムブロックチェーンのガス料金は6グウェイに下がりました。この指標が最後にこのレベルにあったのは2020年1月でした。

🗣 これらの値では、コインの交換には平均6.2ドル、NFTの販売には約10.5ドル、借入には5.7ドル、クロスチェーン転送には2ドルかかります。

👍 Dencunハードフォークの開始後、ネットワーク手数料の減少が始まりました。

$ETH #ETH #Ethereum #DencunUpgrade

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⭐️ Here’s when the XRP price could hit $0.62 As Ripple Labs nears the conclusion of its legal battle with the U.S. Securities and Exchange Commission (SEC), the cryptocurrency community is closely monitoring the potential impact on XRP‘s price. With the lawsuit drawing to a close and key economic reports on the horizon, analysts are optimistic that a favorable outcome could push XRP’s price to $0.62. The culmination of Ripple’s prolonged SEC lawsuit, paired with the upcoming release of the Consumer Price Index (CPI) data on May 15, is poised to play a critical role in shaping XRP’s market valuation. As stakeholders anticipate the legal resolution and economic indicators, the market is speculatively poised for a shift from the current price range of $0.46 to $0.57, potentially reaching a higher stable level amidst regulatory clarity and economic stimuli. 🔸 Technical analysis and price movements Currently, XRP trades in a range between $0.46 and $0.57. This price band indicates a delicate equilibrium of supply and demand. A crucial observation was made on May 7 when XRP’s price dipped below the 20-day exponential moving average (EMA) of $0.52, signaling potential bearish dominance in the market. The next significant support level is at $0.46, where a robust defense by buyers could stabilize the price and prevent further declines. For a bullish scenario to emerge, XRP needs to sustain a breakout above the $0.57 resistance level. Such a movement would suggest that the market correction might be concluding, potentially setting the stage for an ascent towards the $0.62 target. 🔸 The role of CPI data in XRP’s price trajectory The upcoming Consumer Price Index (CPI) report, scheduled for May 15, is another critical factor to consider. Matthew Dixon, CEO of the crypto rating platform Evai, highlights that a weaker-than-expected CPI could act as a catalyst and awaken XRP, which he described as a “sleeping giant.” XRP has been lagging lately but like many other tokens, weaker CPI next week should awaken the sleeping giant and propel $XRP #XRP
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🐋 Crypto Whales Sell $5.46 Million Worth of Tellor (TRB): Price Impact In a noteworthy series of moves by crypto whales, a total of $5.46 million worth of Tellor (TRB) tokens were recently moved to centralized exchanges. This indicates potential sales impacting the token’s market dynamics. The Tellor whales’ activities coincide with TRB’s significant price volatility, suggesting potential profit-taking. 🔸 Can TRB Hit $232 Despite Crypto Whales Selling? Spot On Chain, an on-chain analysis platform, tracked a significant transaction where a crypto whale wallet 0xf2b deposited 10,582 TRB (approximately $1.32 million) to Coinbase. The crypto whale made the transaction at a price of around $124. Previously, this wallet withdrew the tokens at an average price of $57.7. Hence, he will realize an estimated profit of $706,000—a 116% gain in nearly two months. Additionally, several other crypto whales replicated this pattern of buying low and selling high between early March and May 2024. 💬 “Lastly, please note that this is the sixth whale that withdrew TRB from Coinbase between early March and May and then deposited all tokens back to the CEX for profits in the past 3 days after the price surged up to 108%,” Spot On Chain said. For instance, another crypto whale wallet, 0xeb1, deposited 10,486 TRB (valued at about $1.38 million) to Coinbase. The crypto whale withdrew TRB at an average price of $76.59. He held the tokens for over two months, securing a profit of $581,000, representing a 72.4% return. Moreover, a third crypto whale wallet, 0xb4b, engaged in a similar strategy, selling TRB tokens worth approximately $1.4 million to achieve a profit of $488,000 (54.5%). Also, another crypto whale – 0xfac, deposited 10,375 TRB ( ~ 1.36 million) to Coinbase to realize an estimated profit of $461,000. These strategic trades underscore a common approach among crypto whales to maximize returns within relatively short trading periods. $TRB #TRB #Tellor
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⚠️ Impact on Cryptocurrency Market Trends Recent turbulence in the financial markets, especially in the United States where efforts to combat inflation seem to be faltering, has had a pronounced effect on cryptocurrency investments and the Securities and Exchange Commission (SEC) has been increasingly active with new lawsuits in the crypto sphere. This shift has raised questions about the current status and the future direction of cryptocurrencies, particularly Bitcoin and altcoins. 🔸 Current Bitcoin Market Conditions Bitcoin’s price demonstrated a slight decrease over the last 24 hours, recording a price of $60,600 after a high of $61,190. The trading volume across exchanges dipped below $40 billion, indicating a potential hesitance among investors. This apprehension might lead to more pronounced losses in altcoins should Bitcoin’s price drop rapidly. 🔸 What’s Next for Altcoins? The market value of altcoins excluding the top ten has seen an 18% decline in the past month, dropping to a market cap of $264 billion. This substantial decrease highlights widespread panic selling among investors. Crypto analysts have mixed views, with some predicting a turn towards an upward trend soon based on historical market behaviors and key technical indicators like EMA20 and RSI. 🔸 Key Insights for Investors ▫️ Monitoring EMA20 and RSI for potential bullish signals in the altcoin market. ▫️ Paying attention to Bitcoin’s market dominance as its reduction might favor altcoins. ▫️ Considering the impact of SEC’s actions and macroeconomic factors on market sentiment. Analysts remain cautiously optimistic about a recovery, pointing to potential indicators that could herald the beginning of a rally. However, Bitcoin’s dominance at 54.7% needs to decrease to give room for altcoins to thrive. The market’s next moves will be critical in determining the trajectory for the near future of cryptocurrencies. $BTC #BTC #altcoins
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⚠️ Terra Luna Classic (LUNC), USTC Removed From Luna Foundation Guard Terra Luna Classic ecosystem tokens recorded a massive surge in prices on Saturday as 1.85 billion USTC and 222 million LUNC tokens in the Luna Foundation Guard were removed from the circulating supply. LUNC price skyrocketed over 10% and USTC price rose 18% within a few hours, but pared earlier gains soon. 🔸 Luna Foundation Guard’s LUNC and USTC Circulating Supply 1.85 billion USTC and 222 million LUNC tokens were taken out of Luna Foundation Guard’s wallet address ********szx3nw. The move comes as the account has been dormant for almost 2 years. As a result, USTC circulating supply is now down to 7.1 billion. Crypto assets held by team, foundation, treasury, escrow funds are not counted in circulating supply. “Assets that are locked (via smart contracts or legal contracts), allocated to insiders (e.g. teams or private investors), or not sellable on the public market are generally not regarded as circulating, regardless of whether they are unlocked,” as per CoinMarketCap. These numbers reflect adjustments and not actual removals from circulation. Some LFG funds were miscounted as belonging to circulating supply. 🔸 LUNC and USTC Prices Skyrocket LUNC and USTC prices skyrocketed as the news sparked buying in the community due to a decrease in supply. But as the developments became clear to the community the prices started to pullback. The Terra Luna Classic community seeks to burn USTC and LUNC in the LFG wallet to reflect in total supply, but it was just adjustments and not actual removals from circulating supply. LUNC price is currently up 4%% over the last 24 hours, with the price currently trading at $0.0001062. The 24-hour high and low are $0.0001020 and $0.0001129, respectively. Meanwhile, USTC price also jumped 7% in the last 24 hours, with the price currently trading at $0.0235. The 24-hour low and high are $0.0215 and $0.0251, respectively. Moreover, the trading volume has increased by 118% in the past 24 hours. $LUNC #LUNC #TerraLabs
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