Forever Crash? The Truth About Polygon's Ecosystem Token (POL)🙄🤔🧐
$POL
Remember Cardano last year? Remember how Cardano became weak during the second part of 2024 and continued to be weak for so long? How did it all end? It ended with a very strong bullish wave.
After the bearish phase, Cardano ended up being one of the strongest moving pairs. The same can happen in this upcoming cycle with POLUSDT. The following is also true for Notcoin (NOT).
The lower it goes, the stronger it grows when the time is right.
This pair right now is bleeding massively but this shouldn't be a cause for concern. The market moves in cycles and within these cycles we have waves.
A bearish wave is followed by a bullish wave. A bullish wave is followed by a bearish wave.
The positive side of a bearish phase is the fact that you can't have a forever down-wave. If it is bearish now, it will turn bullish next.
The last peak was hit in early December 2024, more than two months ago. A Cryptocurrency trading pair, within a bull-market year, can go bearish for 2-3 months, not more. This means that POLUSDT is getting very close to producing a reversal, very close to a change of trend.
The market has been going down. We saw some bullish action but this action wasn't a bullish trend. It was simply a "bounce" within the broader decline, here starting March 2024.
The great news is that the next rise won't be a bump, it will be an uptrend and an uptrend produces higher highs and higher lows. We are set to experience long-term growth.
Right now it might be hard, but patience is key.
The market can be red, shy and weak now, but everything will change within weeks.
Believe it or not, the time to buy is now. We are in the accumulation phase.
When the first move starts, it will be too late for low prices; there will be opportunities to enter and to enjoy massive growth. But only those with a vision can buy and accumulate when prices are low.
It will be a life changing bull-market. It will be the biggest bull-market in the history of the Altcoins. Bitcoin will be really strong but standard. The Altcoins will blow-UP.
Nvidia To Expand Production Of Blackwell Chips In Q4 Amid High Demand
According to BlockBeats, on September 12, Nvidia CEO Jensen Huang revealed during a technology discussion organized by Goldman Sachs that there is strong demand for the latest generation of Blackwell chips. Nvidia plans to expand production in the fourth quarter to meet this demand.
Huang emphasized that the demand for Blackwell chips is overwhelming, with all companies eager to be the first to acquire them and maximize their production capacity. He highlighted Nvidia's advantages in algorithm optimization and architectural consistency, which significantly enhance customers' total cost of ownership and competitiveness.
Huang also predicted that the pace of innovation in the AI computing field will continue to accelerate. By developing a variety of chip and technology combinations, Nvidia aims to achieve substantial performance improvements every two years, maintaining its leadership position in the market.
DWF Labs Receives 10 Million FET Tokens From Fetch Foundation
According to Odaily, blockchain analytics firm Lookonchain reported that DWF Labs received 10 million FET tokens from the Fetch Foundation approximately one hour ago. The transaction is valued at around $11.8 million.
I hope ya all doing well , so today assets showed a bit recover and i would like to celebrate 🎉 this with you.. claim random amount of $BONK for 20 lucky users
According to BlockBeats, on August 26, the Memeland team announced on their social platform that they have used treasury funds to purchase $1 million worth of TON on the open market. The team plans to hold these assets until Durov is released.
Previously, it was reported that DWF Labs founder and Zhu Su have adopted similar methods to support Durov.
«Given the information available at the moment: he is accused, apparently, simply of not "moderating" and not disclosing user data, this looks very bad and alarming». #TelegramCEO $TON $NOT $BANANA
Unveiling the Scammer's Playbook: How to Extract $150,000 from Solana's PumpFun Platform
Solana's PumpFun has been making headlines lately, especially with its innovative platform, SunPump. But behind the scenes, a more sinister narrative is unfolding—one that even seasoned traders might find hard to believe. In this article, we'll reveal a method scammers use to extract over $150,000 daily from PumpFun, a tactic that’s both highly effective and difficult to detect.
The Rise of PumpFun Launched in January 2024, PumpFun quickly became a popular platform on Solana, enabling users to create and trade memecoins with just a few clicks. Its rapid adoption has resulted in nearly $6.3 million in revenue in just the past week, outpacing established projects like Solana’s layer 1 network, Aave, and MakerDAO. Despite its success, PumpFun’s dark side has become increasingly apparent, with only 1.4% of tokens surpassing the $60,000 market cap and getting listed on Raydium, according to Dune Analytics.
The Anatomy of a Scam PumpFun, like many other platforms in the meme coin industry, is a haven for scammers who exploit the platform’s vulnerabilities to pull off sophisticated rug pulls. Here’s how they do it:
Step 1: Launching and Inflating The scam begins with the launch of a new token by a deployer using a brand-new wallet with no transaction history. This wallet is typically funded through centralized exchanges or mixers, making it difficult to trace. The scammer then uses dozens, eventually hundreds, of wallets funded through privacy-focused tools like Elusiv or Solnado. These wallets appear legitimate, creating the illusion of genuine buyers on PumpFun.
Step 2: Deceiving Bubblemaps Scammers go to great lengths to deceive Bubblemaps, a popular tool for identifying connections between wallets. By using multiple wallets and avoiding suspicious links, the token appears ordinary on Bubblemaps, with no red flags or large supply concentrated in a single wallet. Step 3: Hyping and Inflating Volume Once the token gains some traction, scammers manipulate trading volume to inflate its market cap. They achieve this by executing wash trades—trades made by the same entity using different wallets—to create artificial volume. With the token now trending on platforms like DEX Screener, scammers pay influencers to promote it, further boosting its credibility.
Step 4: The Rug Pull With the token’s market cap artificially inflated, scammers consolidate the entire supply into one wallet and execute a massive sell-off. This rug pull extracts far more value than was initially invested in influencers and fake trades, leaving unsuspecting traders with worthless tokens.
How to Spot a Rug Pull: A Cheat Sheet Detecting these scams requires vigilance and an understanding of the telltale signs. Here are some red flags to watch out for: - 🚩 Limited Activity: If the PumpFun page shows little to no activity, and the comments section seems botted, it's a red flag. - 🚩 Suspicious Wallets: Many buyers will have no prior interactions with PumpFun—no likes, no followers, no coins held. - 🚩 Wash Trading: Constant wash trading with identical amounts is a common tactic used to inflate volume. - 🚩 New Wallets: The majority of buyers’ wallets are often funded from unknown centralized exchanges or mixers the same day the coin was deployed, with their first transaction being with that coin. Conclusion While SunPump and PumpFun offer significant opportunities in the Solana ecosystem, they also present risks, especially for those who fail to conduct thorough research. The methods described here showcase the lengths to which scammers will go to exploit the platform’s features. As always, DYOR (Do Your Own Research) is essential to navigate this rapidly evolving landscape safely.
Войдите, чтобы посмотреть больше материала
Последние новости криптовалют
⚡️ Участвуйте в последних обсуждениях в криптомире