The story of Didier Somnuke, a Thai Bitcoiner, and his journey through Bitcoin.
#BTC☀ $BTC In the rapidly expanding global Bitcoin community, Western biases often dominate the narrative, overlooking diverse stories from around the world. One such story belongs to Didier Somnuke, a small business owner in the heart of Bangkok, a city known for welcoming 22.8 million international tourists in 2023, surpassing cities like Paris, London, and New York City. Although Thailand has experienced a massive spike in household debt, reaching 16.37 trillion baht (US$463 billion) or 90.8% of the national GDP, up from less than 14 trillion baht in 2019 to.
Didier Somnuke, born in Yala province, where geopolitical conflict is a harsh reality. Southern Thailand is one of the poorest parts of Thailand with a poverty rate of 34% compared to the national average of 6%, according to the World Bank, has been plagued by instability. Since 2004, this turmoil has claimed over 7,000 lives and injured 13,500 people.
As a Thai saying goes, (Reclaim the right to a better life), In 2012, Didier left his conflict-ridden hometown for Bangkok, where pursuing higher education was a beacon of hope for a better life. At that time, Bitcoin and financial concepts were distant ideas in Didier's universe. Navigating the vibrant streets of Bangkok, Didier completed his master's degree and joined the workforce, taking up a typical 9-to-5 job. For a domestic migrant, this was a significant achievement. Reflecting on his journey, he recalled his teacher’s words, “When you are old, you have time and money, but you will lack the energy to start a business. If you want to do it, just do it.” With this advice in mind, Didier resigned from his monotonous corporate job after a year and opened a new chapter in his life.
Didier borrowed 50,000 THB (approximately 1,500 USD) from his brother to begin a street burger shop. He chose to start a burger business because he believed it was easy to launch with a small investment. Driven by his ambition and inspired by the bustling energy of Bangkok, a city that never sleeps. He spent about a year developing the recipe and began the business in 2015. In the first three to four years, he managed everything on his own as a solo entrepreneur, and his income was lower than the wage he earned in his corporate job. He often wondered if he had made a mistake by quitting his job to start a business that generated less income. However, after five years, everything started to improve. Sales at the shop began to increase, and Didier started hiring employees. He admitted, "I entered the crypto market with greed; all I wanted was to get rich quickly." In 2017, he and his friends pooled their resources to buy three ASIC miners from Bitmain to try mining Bitcoin and altcoins like Litecoin and Dogecoin. They saw a return on their investment within six months. Didier bought his first Bitcoin in early 2017 to purchase those ASIC miners but didn't know how to transfer his Bitcoin, so he ended up using a bank transfer instead.
Reflecting on his early experiences, he recalled, "My first Bitcoin were slowly converted to shitcoins during the bull market. I was so lucky. I got a 100% profit almost immediately whenever I bought something." Despite having zero knowledge about cryptocurrency, he gained confidence and became a super shitcoiner, paying very little attention to Bitcoin.
In mid-2017, he learned about leverage and trading. His profits skyrocketed due to leverage. Although luck was not always on his side forever, in early 2018, the market crashed, and he lost over 1 million Thai baht (almost 30,000 USD), while his initial capital was just about 100,000 Thai baht (about 3,000 USD). On top of that, he also lost his shitcoins from the mining pool. He had kept all of his shitcoins in the mining pool's custody, and one day, when he checked his account, every shitcoin he owned, worth 10,000 USD were gone. The notice on the mining website, "Hash-to-Coin," stated that if coins were kept with them for more than three months, they would be considered a donation.
$BAKE #AirdropGuide #BTCFOMCWatch #ETHETFsApproved #BTC BakeryToken Price Prediction 2024 In the first week of January 2024, BakeryToken reached $0.57 when it dropped below $0.28 for the first time since January 2021. According to the investors and market exports, BakeryToken is on its way to passing the $0.99 mark by the end of this year. Before $0.99, it may break its mark of $8.48 and reach. According to the investors, exporters, and market leaders, BakeryToken will break its previous all-time high of $8.48 and hold between $0.94 and $0.99 soon. As of now, on 16 June 2024, BakeryToken is trading at $0.45, and its 24-hour trading volume is around 133.47M, and it makes number 369 currency in the whole crypto world.
BakeryToken Price Prediction 2025 There is a possibility that BakeryToken can break through the $1.17 barrier and hold the market by the end of 2025.The lowest BakeryToken price will be between $0.97 to $1.17, and the most likely BakeryToken price will be steady at around $1.14 by the end of 2025.Despite BakeryToken's wild swings in value and the controversy surrounding its environmentally unfriendly energy usage, billionaire venture capitalist Tim Draper is sticking to his prediction that BakeryToken will reach $1.17 by the end of 2025 or early 2025.
$NOT Notcoin, a popular Telegram-based cryptocurrency, has experienced a notable price surge over the past 24 hours. This surge comes with an impressive increase in trading volume, surpassing that of SHIB. With a 128.51% jump in trading volume to $1.3 billion, highlighting a growing interest from investors.
Notcoin Surge In Market Cap Notcoin is a unique gaming project on Telegram, where users earn NOT tokens by tapping a virtual coin. This simple yet engaging game has attracted over 35 million participants and led to Notcoin’s listing on major crypto exchanges like Binance, Bybit, and OKX.
The game’s success has inspired similar applications, boosting user engagement in the crypto market. With its recent surge, Notcoin’s market cap has reached $2 billion, making it the 49th largest cryptocurrency.
This puts it in close competition with VeChain (VET), Maker (MKR), and Optimism (OP), which have all seen a price drop recently.
Notcoin Price Analysis Notcoin is experiencing a notable increase, indicating the potential for a bullish period ahead. The Relative Strength Index (RSI) is at 58, suggesting that Notcoin is neither overbought nor oversold. The cryptocurrency is poised to test the resistance level at $0.03 soon.
If this trend continues, Notcoin’s price could climb toward $0.05 and potentially reach $0.1 by the end of Jun. As of now, Notcoin is trading at $0.0198, reflecting a 4.5% drop in price over the last 24 hours, with a market cap of $2 billion.
$NOT Exploring Notcoin’s Market Position In the grand theater of the cryptocurrency market, Notcoin has carved out its niche. At first glance, Notcoin appears to be a quiet player, with a market capitalization of a modest USD 6.74 million. It is not a figure to scoff at when considering its financial weight in the market. Indeed, this market cap hints at a digital currency punching above its weight class, poised to leave an indelible mark on the crypto market landscape.
A closer look at Notcoin’s pre-market valuation of vouchers, where transactions average 70 TON for 10 million NOT, hints at an undercurrent of interest that could potentially ignite a flurry of activity. While a current 24-hour trading volume of 0 USD might imply a lull, the burgeoning cryptocurrency market’s overall growth trend serves as a reminder that silence precedes the storm. Notcoin today might be quiet, but the stage is set for a notable performance in the market’s symphony.
Notcoin’s Price Trajectory: Historical Data Review
The dance of digits, which is Notcoin’s price movement, can often seem erratic, but looking into the mirror of history may reveal patterns of a choreographed routine. By examining historical data, we can gain insights into the factors influencing notcoin’s price movement, such as investor enthusiasm, market supply and demand, and overall sentiment. Like Bitcoin, with its rollercoaster of value, the Notcoin price could similarly experience tumultuous twists and turns steered by these factors.
Periods of euphoric ascents and gut-wrenching declines in Bitcoin’s history refer to the possible price behavior of Notcoin. External economic events, such as the COVID-19 pandemic, have been shown to dramatically alter Bitcoin’s price, a precedent that could foretell Notcoin’s response to future global shifts. Moreover, the advent of financial products like Spot Bitcoin ETFs has had a notable impact on Bitcoin’s price, suggesting that similar innovations could also influence Notcoin’s valuation in the years to come. Source:
#BNBAnalysis $BNB Sheldon The Sniper, a crypto enthusiast, predicts a bullish trajectory for Binance Coin (BNB), suggesting it reaches the $1000 mark after exceeding its all-time highs. As the coin gains momentum, recent developments shed light on factors driving its surge.
Sheldon’s anticipation aligns with BNB’s current performance, trading at $703.55 with a 24-hour trading volume of $2.68 billion. Moreover, Binance’s latest initiative, the Binance World Championship, offers traders a chance to win 1 BNB by trading $100 across Convert, Spot, and Futures platforms. The promotion, running until June 30, 2024, aims to engage users and drive activity.
BNB’s upward trajectory is evidenced by its utility within the Binance ecosystem, where it serves as a primary token for transactions, fees, and staking. As Binance continues to innovate and expand its offerings, BNB’s demand will likely soar, consolidating its position as a leading cryptocurrency. This could potentially lead to BNB surpassing Sheldon’s $1000 target.
As Notcoin (NOT) prepares for its trading debut, the buzz around its price prediction grows. Originating as a viral Telegram game, Notcoin quickly evolved into a community token that rewards users for exploring, playing, and contributing to the web3 ecosystem. With the Binance Launchpool and Telegram integration further boosting its visibility, investors and enthusiasts alike are eager to understand the potential value and implications of Notcoin in the rapidly changing cryptocurrency landscape.
This Notcoin (NOT) Price Prediction article ahead will delve into the tokenomics of Notcoin, examining its supply, distribution, and how these factors might influence its price prediction. Drawing on comparative analyses with other play-to-earn cryptos and taking a closer look at Notcoin’s future developments, including its farming period, the discussion aims to equip you with a well-rounded perspective on Notcoin’s market position and investment potential.
Notcoin’s Launchpool Debut on Binance
Notcoin’s ascent in the crypto world was marked by its introduction as the 54th project on Binance Launchpool, a significant milestone that highlights its potential and scalability within the cryptocurrency ecosystem. The project, which integrates a unique tap-to-earn mining mechanic, offers a fresh entry point into web3, attracting a broad user base through its simple yet engaging approach.
The excitement around Notcoin was further amplified with Binance’s announcement that users could stake BNB and FDUSD to farm NOT tokens over a concise three-day period, starting from May 13, 2024. This limited window for token farming added an element of urgency and exclusivity, fueling interest and participation
#SolanaUSTD is currently trading at $161.58 after losing -2.26% in the last 7 days. According to our price prediction, the price of SOL will rise by 0.87% in the next 7 days and reach $159.98. The long-term forecast for Solana is bullish, as our Solana price prediction estimates that the SOL price will reach $266.88 1 year from now, which would represent a 68.26%
Comparing the size of the cryptocurrency market to the money supply can provide an interesting perspective. The predictions in this section are based on comparing the total cryptocurrency market cap with the size of different money supply types: M0, M1 and M2. If a greater percentage of money flows into crypto, Solana would likely be worth the indicated amount (assuming it maintains its current market share).
Price can increase to $97.43
The M0 money supply is the total of all physical currency, plus accounts at the central bank which can be exchanged for physical currency. Currently, the total cryptocurrency market cap is at 23.64% of the M0 money supply. If the crypto market cap were equivalent to 32% of the M0 supply and Solana had the same share of the cryptocurrency market as today, SOL would be trading at $97.43.
$NOT coin (NOT) Price Analysis When writing this Notcoin (NOT) price prediction on 6 June 2024, the NOT coin price was $0.02201. With a market capitalisation of $2,248,130,908, Bitcoin ranked #53 on CoinMarketCap. It had a circulating supply of 102,719,221,714 NOT coins and a maximum supply of 102,719,221,714 NOT coins.
The highest price of Notcoin (NOT) reached $0.02896 on 2 June 2024, while its lowest price was $0.004605 on 24 May 2024. The price has increased in the past 24 hours by $0.0024370, marking an 11.33% rise (stats as of 6 June 2024). Over the past week, Notcoin's price surged by $0.014300, a 148.47% increase. The price change in the last 30 days was $0.022931, representing an impressive 2,293.10% increase.
Notcoin (NOT) technical analysis With the current bullish trend, NOT crypto shows upward solid momentum, indicating a potential entry into a bullish phase. The cryptocurrency is poised to challenge the $0.03 resistance level soon, and if this momentum continues, its price could rise toward $0.05, potentially reaching $0.10 in the next bull run.
However, a shift in market sentiment towards negativity might see Notcoin finding support around $0.026. A prolonged downturn could push the price to approximately $0.025, indicating a bearish trend.
The RSI at 72 indicates that Notcoin is overbought territory, while the Awesome Oscillator at 0.006770 and the Chaikin Money Flow indicator at 0.15 suggest strong buying pressure.
According to the forecasts for July, the value of HIGH token may vary between $6.45 and $6.69. The average price of the token for this month could be $6.57. The price prediction of HIGH depends on various factors that affect its demand and supply. Highstreet Price Prediction for August In August, the forecasts suggest that the HIGH price could fluctuate between $6.57 and $7.18 in value. The price prediction for that month is based on various factors that affect its demand and supply. The HIGH token might have an average price of $6.88. Highstreet Price Prediction for September The forecasts indicate that the value of the HIGH token in September may range from $7.06 to $7.30. The average price of the token for that month is estimated to be $7.18. The price prediction of the HIGH token is contingent on various factors that influence its demand and supply. Highstreet Price Prediction for October According to the forecasts for October, the value of HIGH token may vary between $4.91 and $5.83 The average price of the token for this month could be $5.37. The price prediction of HIGH depends on various factors that affect its demand and supply. Highstreet Price Prediction for November In November, the forecasts suggest that the HIGH price could fluctuate between $5.52 and $7.37 in value. The coin’s price prediction for that month is based on various factors that affect its demand and supply. The HIGH token might have an average price of $6.45. Highstreet Price Prediction for December The forecasts indicate that the value of the HIGH token in December may range from $7.06 to $7.98. The average price of the token for that month is estimated to be $7.52. The price prediction of the HIGH token is contingent on various factors that influence its demand and supply.
Tron’s price trading at $0.118 observes several bullish cues, primarily from investors. This is evident in the Funding rate of the asset. The funding rate in crypto refers to a fee paid between traders to balance the market.
Positive funding rates hint at the traders making bullish bets, i.e., a rise in the long contracts, while negative funding rates show traders favor a decline. In the last 24 hours, the TRX funding rate shot up, considerably suggesting Tron enthusiasts are pushing for a rally.
This rise in price could occur since the technical analysis indicators are signaling a high potential for a rise.
Tron’s price trading at $0.118 failed to close above the $0.121 resistance level for the second time this month. The cryptocurrency will likely bounce back from the $0.116 support level that has remained unbroken for the past two weeks.
Breaching the $0.121 resistance will increase the altcoin to $0.125. This could occur in the coming days based on the broader market cues and investors’ bullishness.
However, Breaching $0.121 has been difficult for Tron’s price. A failure to do the same for a third time will likely push TRX below $0.116. This would invalidate the bullish outcome, sending the altcoin to $0.112.
Notcoin Price Prediction 2024 Notcoin is one of the hottest tokens of 2024, which is saying a lot in a year that’s been extremely bullish for the crypto market. The token’s trading volume and the fact that it has attracted more than 35 million users to its trending play-to-earn game is hard to ignore. Most important, these signals indicate that Notcoin’s meteoric rise is likely to be more than a short-lived pump.
We think that Notcoin has the potential to keep rising on its current momentum. While trading volume has declined from $4.3 billion to $2.2 billion, that’s still an enormous amount of volume and represents nearly the entire market cap of $NOT being traded on a daily basis.
On top of that, Notcoin has an important catalyst still ahead of it: listing on Binance and Coinbase, the world’s two largest exchanges. Research has shown that Binance listings typically generate a sustained 41% gain for tokens, and the gain for $NOT could be even bigger considering how much attention the coin has gotten already. Listing on Coinbase could propel $NOT even higher.
Another reason we’re bullish on $NOT is that the token has only tapped into a fraction of its potential audience so far. Although 35 million people currently play the Notcoin game—a huge number—Telegram has more than 700 million users. That means Notcoin could potentially attract 20 times more players than it currently has without migrating onto a new platform.
All of this encourages us that Notcoin has a lot of potential to keep growing in 2024. We predict an average price of $0.050, just over double the token’s price today, with a possible high price of $0.085—a 3.5x gain from today’s $NOT price.
Here’s a breakdown of our Notcoin price prediction for each month in 2024:
2024 Price June $0.032 July $0.037 August $0.041 September $0.044 October $0.046 November $0.049 December $0.050
executed the purchase of 447.67 billion PEPE tokens ($5.48 million) from Binance, marking their initial foray into PEPE investment. With the current value of the tokens showing a floating profit of $262,000 (+4.8%), Nascent’s strategic move appears to be yielding early returns.
PEPE now holds the top position in Nascent’s portfolio, surpassing MKR, with the total profit from their investments standing at an impressive $2.45 million (+248%).
Analysis of PEPE’s Price Movement and Market Dynamics
Despite Nascent’s bullish investment, PEPE’s price has experienced a downturn, with the token currently trading at $0.00001309 and a 24-hour trading volume of $1,358,976,503.13. This represents a notable -8.59% price decline within the past 24 hours and a -14.26% decrease over the last 7 days. Additionally, PEPE’s Open Interest has seen a significant drop of 17.63%, reflecting a cautious sentiment among investors.
Despite these challenges, PEPE maintains a substantial circulating supply of 420 trillion tokens, contributing to a market capitalization of $5,516,806,172. This analysis sheds light on the complexities of the crypto market, where despite strategic investments such as Nascent’s, price fluctuations and market dynamics continue to influence asset valuations and investor sentiment.
hBitcoin has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency has support at points 67700 and resistance at points 71200. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The currency is overall assessed as technically slightly positive for the short term
Medium term Bitcoin is in a rising trend channel in the medium long term. Rising trends indicate that the currency experiences positive development and that buy interest among investors is increasing. The currency is testing resistance at points 72000. This could give a negative reaction, but an upward breakthrough of points 72000 means a positive signal. The RSI curve shows a falling trend, which is an early signal of a possible trend reversal downwards for the price as well. The currency is overall assessed as technically slightly positive for the medium long term.
Long term Bitcoin shows strong development within a rising trend channel in the long term. This signals increasing optimism among investors and indicates continued rise. The currency is testing resistance at points 70000. This could give a negative reaction, but an upward breakthrough of points 70000 means a positive signal. The currency is assessed as technically neutral for the long term.
The Dogecoin price is $0.15855463, a change of -1.88% over the past 24 hours as of 10:07 p.m. The recent price action in Dogecoin left the tokens market capitalization at $22.93B. So far this year, Dogecoin has a change of 80.01%. Dogecoin is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
Doge is the native cryptocurrency of dogecoin, a parody cryptocurrency based on a viral internet meme of a Shiba Inu dog. At first, the crypto project was created purely as a mockery of other cryptocurrency projects that were being launched at the time. The cryptocurrency is essentially a direct copy of Litecoin’s code and can be used to transfer value over the internet like all other digital assets. Doge was never designed to have any real-world utility beyond being a simple blockchain-based payment system; however, it quickly amassed a diehard community of fans who found and developed new use cases for it. Those included a third-party online tipping service, which led to doge becoming a leading tipping coin on social media platform Reddit and crowdfunding charitable causes using dogecoin.
Unlike the case with many other cryptocurrencies, the founders of dogecoin didn’t launch a public sale or “premine” coins prior to the token’s launch. Instead, a total supply limit of 100 billion coins was set and anyone with a laptop or smartphone could begin mining doge immediately. What was also unique about dogecoin was its block reward schedule. Copying another project’s schedule called LuckyCoin, doge block rewards were completely random, meaning miners could receive anything from 0 to 1 million doge for mining a single block. The range of coins available for block rewards was tapered every 100,000 blocks until 2014 when the project’s founders decided to change the block reward system to a fixed schedule. After that point, successful miners received 10,000 doge per block for their efforts.
Bitcoin (BTC) may be setting up for a rise to $83,000 as it completes a major bullish price pattern on the daily chart, according to technical analysis by 10x Research.
A price move above $72,000 would confirm a breakout from an inverted head-and-shoulders pattern, characterized by three price troughs, with the middle one being the deepest.
"It is only a matter of time until bitcoin makes a new all-time high. The head-and-shoulders formation suggests a rally towards 83,000 soon, with the resistance line likely broken within the next few days. The ideal time for this resistance to break is either today, Friday, June 7, or next week, Wednesday, June 12," Markus Thielen, founder of 10x Research, said in a note shared with CoinDesk.
According to technical analysis theory, the inverted head-and-shoulders pattern usually forms after a downtrend and reverses the trend upwards after a breakout. The pattern rarely appears in an upward-trending market, signaling a bullish continuation.
The breakout above $72,000 hinges on the U.S. nonfarm payrolls data scheduled for release on Friday at 12:30 UTC.
According to Bloomberg, economists' consensus estimate is that the economy created 180,000 jobs in May, nearly matching April's 175,000 gain. The unemployment rate is expected to remain at 3.9% in May. The median estimate for average hourly earnings is a 0.3% increase, a tick above April's pace, leading to a 12-month wage growth of 3.9% for the second consecutive month.
Weak data may strengthen the case for Fed rate cuts, adding to upward momentum in risk assets, including cryptocurrencies. Some investment banks already expect the central bank to pivot to renewed liquidity easing via a rate cut in July