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@CZ says ; 👉btw, we moved the goal post a little bit again since a few weeks ago. We are starting at a much earlier age now, 2-3 year olds. 👉Start at the beginning, instead of somewhere in the "middle", and hopefully keep growing with our community, for 18 (or more) years... 👉Initially, our dev capacity may lag behind a bit, but we intend to catch up once we get to the scaling phase. #GiggleAcademy

@CZ says ;

👉btw, we moved the goal post a little bit again since a few weeks ago. We are starting at a much earlier age now, 2-3 year olds.

👉Start at the beginning, instead of somewhere in the "middle", and hopefully keep growing with our community, for 18 (or more) years...

👉Initially, our dev capacity may lag behind a bit, but we intend to catch up once we get to the scaling phase.

#GiggleAcademy

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What Caused The 6,000% XRP Long Liquidation Spike Compared To Shorts? XRP bulls were in the news lately when $1.27 million was liquidated from their long bets. This 6,350% jump in long liquidations may be attributed to XRP's recent price movement, indicating ecosystem sentiment. $1.27 Million Longs Liquidated The previous 24 hours saw $1.27 million in long holdings liquidated, according to Coinglass. Compared to the $19,220 liquidated in short positions, this is huge. In the previous 24 hours, XRP decreased 3.85% to $0.51, which may have caused this. The strong reversal in Bitcoin's price, which dropped below $62,000 again, may have triggered XRP's price collapse. Trading activity in the XRP futures market has plummeted by nearly 26%, suggesting pessimistic sentiment in the ecosystem. Over 46% less options trading volume. Since bears are winning, these numbers imply XRP investors are staying away. The plus side is that open interest has increased, indicating that bulls are still betting on the crypto coin. Since crypto experts expect big changes for XRP, these bulls may have a motive to risk. Recently, crypto researcher Jonathan Carter said XRP may reach $0.93 and $1.68. Many believe XRP is ripe for a rally, which might happen shortly. The XRP Rally Could Come With the SEC-Ripple legal fight nearing its finish and a verdict likely shortly, XRP may rise. Crypto expert JackTheRippler claimed the coin might reach $100 after this case. XRP might potentially rise further from this price level, as Judge Analisa Torres' judgment that the crypto coin wasn't a security helped it rise. According to CoinMarketCap, XRP is selling at $0.51, down in the previous 24 hours. #CryptoWatchMay2024 #altcoins #xrp #Ripple $XRP
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3 Cryptos With the Potential to Shake Up the Financial Sector NULS : The NULS DeFi ecosystem is open to users, and these DeFi protocols provide a variety of staking choices. Cardano: Cardano's blockchain technology gives various reasons to gamble on it, with an emphasis on sustainability. Avalanche: This organization will see significant long-term benefits from the blockchain platform's remarkable scalability characteristics. NULS Besides being an open-source community blockchain project that spans the globe, NULS is also a blockchain infrastructure that focuses on providing services that can be tailored to each individual user. Smart contracts, cross-chain technology, and ChainBox's quickness in establishing chains, lowering development costs, and launching blockchain business apps quickly all contribute to this. By using micro-services, a fundamentally modular architecture may be created. Cardano Cardano , created by a co-founder of Ethereum, is a cryptocurrency that aims to compete with Ethereum by prioritizing efficiency, scalability, and sustainability. One of the biggest complaints from crypto firms has always been the amount of energy needed to process blockchain transactions. By marketing itself as an environmentally friendly blockchain, Cardano hopes to address an issue that has dogged the sector for quite some time. To do this, the business has integrated a Proof of Stake (PoS) mechanism onto its platform. Many believe this approach to be far more energy efficient than blockchain systems' standard Proof of Work (PoW) protocol. Avalanche Avalanche is similar to other companies that are making money off of the Proof of Stake process. Like other cryptocurrencies, Avalanche is building a blockchain to address issues with scalability, decentralization, and security. To do this, the business relies on its open-source network, which lets customers build very scalable applications on its platform. $NULS #CryptoWatchMay2024 #altcoins #NULS #cardano #avalanche
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VanEck debuts MarketVector “MEMECOIN” index for BONK, FLOKI, DOGE, PEPE, WIF, and SHIB tokens VanEck created a meme coin index of top and worst performers. The asset manager states that “coins are intended for entertainment purposes.” A cat may appear in this index as MEW and POPCAT continue to dominate. Bitcoin ETFs monitor BTC price, but $90 billion asset manager VanEck established MEMECOIN to track the sector's top and worst performances. VanEck tracks meme coins with a specific index. VanEck has created an index to compare the top meme coins, Bonk Inu (BONK), Floki Inu (FLOKI), and Dogecoin (DOGE), to the worst, Pepe, Dogwifhat, and Shiba. Popular for its HODL ETF, VanEck's MarketVector meme coin index, MEMECOIN, analyzes the sector's six biggest players' market capitalization. This weighted technique ensures market value-based holding selection. Respective coin weightings will be restricted at 30% for risk diversification. DOGE (30.64%) and SHIB (28.01%) lead index weightings. PEPE (14.18%), WIF (13.29%), FLOKI (7.17%), and BONK (6.21%) also appeared. Knowing meme coins are a worldwide shelling point for speculative liquidity, the asset manager disclaims that “The coins are intended for entertainment purposes.” This shows the sector's volatility and market sentiment-driven price changes. Because of this, some think cat-themed tokens might enter the index shortly. However, VanEck's MEMECOIN index shows that meme coins are increasing popularity. Justin Sun, Tron creator and Huobi Global adviser, addressed meme currencies at Token 2049. His follow-up article on X noted, “Meme coins may seem unconventional, but they highlight the power of community in crypto.” The area is becoming a bitcoin specialty. In late 2023, Avalanche Foundation will invest in sector tokens, bolstering this rise. In December, the organization announced intentions to acquire "select Avalanche-based meme coins to create a collection" to expand its portfolio "to embrace a more complete spectrum of possibilities." #Memecoins #altcoins #CryptoWatchMay2024 $SHIB
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🚀🚀🚀Bitcoin price drops, offering cheap purchasing chance before 20% upside🚀🚀🚀 Bitcoin price has been gently falling to test support. BTC holders with 100–1000 are purchasing more. Bitcoin price might rise 20% with a falling wedge formation. Late or sidelined bulls might enter Bitcoin (BTC) around $61,000. Pioneer coin seems to have a 20% upside. Standard Chartered expects bitcoin prices to rise due to lighter regulation and US spot ETFs. Bitcoin price movement is dropping in a wedge. Featuring two converging trendlines that slope downward as they reduce the price range, this technical pattern is pushing holders with 100–1000 BTC to purchase more. New buyers are few, and “hodlers” don't see this cycle finished. The market may grind between the specified trading range. The entities may acquire additional Bitcoin during price drops to diversify their portfolio or average down their cost base. Over time, this method might lower their average buying price. BTC ETFs continue to influence and accelerate market activity. Wintermute, a prominent worldwide algorithmic trading business in digital assets, will expand heavily in Asia, particularly Hong Kong. Wintermute, OSL, and HashKey will offer liquidity for Hong Kong's new spot BTC and Ether ETFs via a strategic cooperation. Wintermute's engagement attempts to attract institutional and ordinary investors by improving market liquidity, which ETFs need. Bitcoin price might rise 20% if it breaks out of its falling wedge formation. According to momentum indicators, BTC may fall further before filling the bullish reversal technical shape. Bitcoin price might fall to $60,660 or below, offering another purchasing opportunity around $50,000. If $60,660 holds as support, Bitcoin price may rebound here before breaking above the pattern's top trendline. A definitive candlestick close above $63,871 after the breakout might trigger a 20% upsurge to the falling wedge profit objective at $76,166. Bitcoin may reclaim $73,777 in a positive scenario. #CryptoWatchMay2024 #BTC $BTC #buythedip
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