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🚀 Worldcoin Drops the 'Coin' and Rebrands to 'World'! 🌍
- Sam Altman, founder of the newly minted "World," announced the rebranding on Oct. 17.
- The company also launched a new, more powerful version of its Orb biometric scanner.
- New identity verification options include NFC-enabled passports and World ID Deep Face, which claims to solve deepfakes.
- Partnerships with FaceTime, WhatsApp, and Zoom are on the horizon.
- 15 million users have signed up for the World app, with 7 million verified.
Stay tuned for more updates in the ever-evolving world of blockchain!
🚀 **CryptoPunk Nostalgia: gmoney's Wild Ride!**
- Back in Jan 2021, gmoney snagged Ape Punk #8219 for 140 ETH ($150K). Thought he bought the top? Spoiler: He didn’t! 🎢
- From Fortnite skins to NFTs, gmoney’s journey started in 2017, but 2020 was his "big brain unlock" for digital ownership.
- Now, he's a proud owner of 271 Chromie Squiggles, multiple CryptoPunks, and more.
- His onchain clothing brand, 9dcc, is a hit with celebs and athletes, blending cool tech with killer design.
- Advice from gmoney: No leverage, love the art, and be patient!
🚀 **gmoney's Wild Ride: From Fortnite Skins to NFT Millions!** 🎮
Back in Jan 2021, gmoney snagged Ape Punk #8219 for 140 ETH ($150K). Fast forward, he’s now a top NFT influencer with a treasure trove of digital art. His journey began with Fortnite skins during the pandemic, realizing digital scarcity's potential.
From CryptoKitties to CryptoPunks, gmoney's collection boasts 271 Chromie Squiggles, Beeples, and more. Today, he’s pioneering onchain fashion with 9dcc, blending tech and style.
💬 What's your take on digital ownership? Drop your thoughts below! 👇
#NFTs #CryptoPunks #DigitalArt
**NFT Pioneer gmoney Reflects on CryptoPunk Purchase and NFT Journey**
Back in January 2021, gmoney made headlines by purchasing Ape Punk #8219 for 140 ETH ($150,275). This move came just before Beeple's $69M sale and highlighted the growing interest in NFTs. Despite a market dip soon after, gmoney's investment philosophy remained long-term.
A former traditional finance professional, gmoney dove into crypto in 2017 and NFTs in late 2020. His collection includes 271 Chromie Squiggles, multiple CryptoPunks, and works by Beeple and Justin Aversano.
Today, gmoney focuses on his onchain lifestyle brand, 9dcc, which merges fashion with digital ownership, appealing to both crypto enthusiasts and mainstream consumers.
“TURBO must defend this key level!”
TURBO, which has increased by nearly 140 percent since October 3, has retreated to an important support level.
Bitcoin’s ($BTC ) positive price structure has paved the way for altcoins. Many altcoins have managed to reach all-time highs. TURBO, one of the altcoins in question, has shown a striking performance since the beginning of October.
The memecoin, created through the artificial intelligence chatbot ChatGPT, has retreated to an important support level of $0.01 after its bull run. In the analysis prepared by AMBCrypto, it was stated that the memecoin could show a strong rise if it protects $0.01.
TURBO, one of the pioneers of the memecoin craze, has made remarkable gains in recent days.
TURBO, which excites investors and is discussed whether it will be the next SHIB, has lost nearly 10 percent in the last 24 hours. It has been suggested that the decline in the popular memecoin is a correction of the bull run it has been carrying out since the beginning of the month.
AMBCrypto commented on the pullback in TURBO as follows;
“According to the current outlook, TURBO's pullback from the $ 0.013 level is a temporary setback. The popular memecoin will be in an uptrend as long as it does not fall below the $ 0.01 level. If this support level is broken, investors may face a major decline.”
According to the graphic analysis created in the AI-themed memecoin, if the price starts to rise, the $ 0.013434 resistance can be tested. Breaking this resistance can carry the price to $ 0.01515.
On the other hand, losing the $ 0.01 support can drop the price to $ 0.008918 in a short time. The intermediate support zone of $ 0.008918 can determine whether the uptrend will continue.
#CryptoDeNostradame #ParrotBambooCrypto
**News Flash: Worldcoin Rebrands to "World" and Unveils Major Updates**
Blockchain-based identity verification company Worldcoin has rebranded to "World." Founder Sam Altman announced the change during a keynote speech on Oct. 17. The event, live-streamed on YouTube, also showcased several new updates:
- **New Orb Device**: The updated biometric scanner, powered by Nvidia, is more efficient and powerful.
- **Identity Verification**: Users can now verify their identity using NFC-enabled passports.
- **Deepfake Solution**: World ID Deep Face claims to detect AI-generated fake videos.
- **User Growth**: 15 million users have signed up, with 7 million verified.
Stay tuned for more updates from World!
2. Some best trading strategies
Actually, we don’t have any best trading strategy at specific time because it depends much more on market volatility and trending. But after a long time researched and experience, we made a well working strategy following:
How to take profit:
sell 60% at target 1
sell 20% at target 2
sell 20% at target 3.
In bad market status, you should take all (100%) profit at target 1.
How to put stoploss:
Trailing stoploss (move your stoploss to each targets after reached) (recommended)
How to enter (buy):
If the current price is far higher from the buy price, do not enter (do not fomo). Please wait it to meet the buy price and buy at that price.
Maybe you can buy a little higher from buy price (2-3%).
How to diversify your investment:
Join from 3-6 signals at the same time. Do not all in 1 signal. You can divide into 2 hold, 4 scalp. It’s the best diversification.
Put no more than 20% your money for 1 signal. And no more than 10% if enter a signal during bad market.
Noted:
We will not make any assurance about your loss or your capital. Cryptocurrency is a risky investment and you should take your own risk.
**Bitcoin Staking on Solana: Solv Protocol’s New Yield Token**
- Solv Protocol has launched SolvBTC.JUP, a Bitcoin staking token on Solana, aiming to attract BTC holders with juicy yields. 🍊
- This liquid staking derivative (LSD) generates BTC-denominated yield from transaction fees on Jupiter Exchange, a top Solana DEX.
- Solv targets a 12% APR on BTC, outshining the low single-digit returns of Bitcoin L2s.
- The higher yield comes with risks, but Solv uses a delta neutral strategy to hedge against volatility.
- Jupiter Exchange boasts $1.3 billion in TVL, making it a significant player in Solana’s DeFi ecosystem.
Stay tuned for more crypto thrills!
**Memecoin Mania: The Supercycle Theory**
- Investor and memecoin analyst Murad Mahmudov's "memecoin supercycle" theory is gaining traction among traders.
- The theory suggests that meme-centric cryptocurrencies could enter an unending supercycle, driven by community, emotion, and the promise of wealth.
- Unlike traditional cryptos, memecoins thrive on camaraderie and rapid gains, not fundamentals.
- Kyle Kemper argues this shift doesn't kill fundamental analysis but changes the metrics to KOL influence and chart performance.
- Basel Ismail notes that veteran traders prefer memecoins over utility tokens, viewing them as more honest and less deceptive.
- Critics like Jameson Lopp and Angel Versetti warn that this frenzy is unsustainable and driven by collective delusion.
- Despite skepticism, Mahmudov's hefty $24M in memecoins shows he's betting big on his own theory. 🚀
🚀 **Memecoin Mania: The Supercycle Theory** 🚀
Investor Murad Mahmudov's memecoin supercycle theory is gaining traction! He suggests that meme-centric cryptocurrencies could experience an endless supercycle, driven by community spirit, emotion, and the promise of wealth. 🤑
Unlike traditional cryptos, memecoins thrive on camaraderie and quick gains. Kyle Kemper argues this shift doesn't kill fundamental analysis but changes the metrics to KOL influence and chart performance.
Basel Ismail notes veteran traders are wary of utility tokens, seeing memecoins as a safer bet. What do you think? Share your thoughts below! 💬
**News Flash: Memecoin Supercycle Theory Gains Traction Among Traders**
Investor and memecoin analyst Murad Mahmudov's theory of a memecoin supercycle is catching on among traders. This theory suggests that a blend of factors will create a continuous boom for meme-centric cryptocurrencies. Unlike other cryptos, memecoins thrive on community, emotion, and the allure of quick wealth.
Kyle Kemper, creator of political memecoins, notes that this trend shifts focus from traditional analysis to factors like project popularity and market performance. Basel Ismail, CEO of Blockcircle, attributes this rise to seasoned traders who have learned from past market cycles and now prefer the straightforward nature of memecoins over utility tokens.
However, critics like Jameson Lopp and Crypto Rand argue that the memecoin frenzy is unsustainable and driven by hype. They caution that such investments are more akin to gambling than long-term financial strategies.
Despite skepticism, Mahmudov has reportedly profited significantly from this trend, suggesting he has a vested interest in its continuation. As the debate continues, the memecoin phenomenon highlights the evolving dynamics of the cryptocurrency market.
**Solv Protocol Launches BTC Staking Token on Solana**
Solv Protocol has introduced a new Bitcoin (BTC) staking token on the Solana network, aiming to attract BTC holders with lucrative yield opportunities. Named SolvBTC.JUP, this liquid staking derivative (LSD) promises to generate BTC-denominated yield from transaction fees on Jupiter Exchange, a leading decentralized exchange (DEX) on Solana.
Currently in its pilot phase, SolvBTC.JUP targets an impressive 12% annual percentage return (APR), significantly higher than the low single-digit APRs typically offered by BTC staking on layer-2 scaling chains (L2s). Solv employs a delta neutral strategy to mitigate risks associated with volatile token prices in Jupiter’s liquidity pool.
Jupiter Exchange, a key player in Solana’s DeFi ecosystem, boasts around $1.3 billion in total value locked (TVL), according to DefiLlama. As competition for BTC liquidity intensifies, Ethereum’s EigenLayer has also added wrapped Bitcoin to its restaking protocol, further enticing BTC holders.
This move underscores the growing trend of integrating Bitcoin into decentralized finance, with various networks vying to offer the best yield options for BTC stakers.
$ADA
{spot}(ADAUSDT)
{future}(ADAUSDT)
Moving Averages200 SMA: Positioned at 0.3588, which is above the current price at 0.3433. This suggests a bearish sentiment, as the price remains below the 200 SMA, indicating that sellers are in control of the trend.
Volume-Weighted Average Price (VWAP)VWAP: Positioned at 0.3480, slightly above the current price. This level could serve as short-term resistance, indicating that recent average trading prices have been higher than the current price, suggesting selling pressure.
Support and Resistance LevelsResistance Zone: The 200 SMA at 0.3588 acts as an immediate resistance level. A break above this level would be needed to shift the sentiment toward bullishness.
Support Zone: Key support lies near 0.3300. A move below this support level could lead to further declines, with potential targets around 0.3100 or lower if selling pressure intensifies.
Bullish ScenarioA move above the 200 SMA and sustained trading above 0.3588 could signal a potential trend reversal. If the price can hold above this level, it may attract buyers and push the price toward 0.3700 as the next resistance target.
Bearish ScenarioIf the price continues to face resistance at the 200 SMA and breaks below the 0.3300 support, it could indicate further downside potential. This scenario could lead to additional selling pressure, with possible targets around 0.3100 or lower.
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Always conduct thorough research before making investment decisions.