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Technical Jafar
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Mind Network is a Zero Trust Layer (Zero Knowledge Proofs #ZKP + Fully Homomorphic Encryption #FHE ) aiming to bring the next billion users and trillion dollars to Web3. Join Now ☺️ https://zealy.io/c/mindnetwork4781/invite/5wJhobcUAb5JSWKDA2VJF

Mind Network is a Zero Trust Layer (Zero Knowledge Proofs #ZKP + Fully Homomorphic Encryption #FHE ) aiming to bring the next billion users and trillion dollars to Web3.

Join Now ☺️

https://zealy.io/c/mindnetwork4781/invite/5wJhobcUAb5JSWKDA2VJF

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😱🤯 Is history repeating itself? A top analyst hints at a major bull run on the horizon for the #Altcoin market. The recent fluctuations in the altcoin market have sparked discussions, especially after analyst Mikybull Crypto suggested a potential upswing. Let's delve into this analysis to uncover what's brewing in the crypto sphere. Is the Altcoin Market Poised for Growth? In a recent study by MikybullCrypto, focus shifted to the Altcoin Market Value excluding Bitcoin and Ethereum. This metric has garnered attention for its resemblance to past trends during the 2021 altcoin season. Mikybull Crypto's charts depict a familiar pattern: a brief dip in altcoin market capitalization followed by an upward trend. This pattern, reminiscent of previous cycles, has stirred speculation among traders and investors. Altcoin-Bitcoin Dominance Dynamics Further analysis unveils an intriguing correlation between altcoin market capitalization and Bitcoin dominance. As altcoins gain traction, Bitcoin's dominance is anticipated to decline. Altcoin dominance has surged to 11.75%, contrasting with Bitcoin's 55.65%, signaling a potential altcoin season on the horizon. This correlation mirrors historical trends where altcoin surges coincided with drops in Bitcoin dominance. Symptoms of Altcoin Enthusiasm Another indicator of an impending altcoin season is the uptick in trading volumes across various altcoins. The heightened trading activity reflects increased market engagement and liquidity, setting the stage for heightened price fluctuations and potential profit avenues. Are You Noticing the Signs? In the dynamic cryptocurrency realm, significant price upticks often herald the onset of an altcoin season. Altcoins like #Solana have recently grabbed attention by surpassing critical resistance levels. #BullorBear #binance 🚀
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😱 Dogecoin (DOGE) is on edge: A word of caution for investors! The tense moments continue for #Dogecoin (#DOGE), facing a downturn as Bitcoin (BTC) sharply dropped to $60,500. The crypto market, impacted by the Iran-Israel conflict, has stirred panic among investors. Notably, the heightened sell-offs observed in memecoins have drawn significant attention. Dogecoin, a prominent name in memecoins, experienced a 35% loss in value within a mere two days, disappointing its holders. Can this beloved coin, currently reacting to a critical region, sustain its upward trajectory? What benchmarks should DOGE investors keep in mind? The key levels for Dogecoin have been put to the test! DOGE, riding high on the Memecoin craze for a while, took a different turn amidst geopolitical tensions affecting the crypto sector. DOGE, witnessing increased sell-offs starting April 12, plunged by 35.33% to $0.12885. The popular coin, sought after from a crucial support zone, is now trading at $0.15572 at the time of this update. Factors like the resolution of global issues or BTC surpassing $70,000 could potentially drive DOGE upward again, targeting $0.17565, $0.19229, $0.20668, $0.21957, and eventually $0.23920. However, ongoing Iran-Israel tensions, BTC staying below $65,000, or a rise in BTC dominance might push DOGE to lower levels, possibly reaching $0.15068, $0.12212, $0.10058, and even down to $0.08377. #Memecoins #binance 🚀 #cpi
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🩸🤯 The cryptocurrency market faced significant upheaval after Iran's airstrike on Israel, resulting in sharp declines across the board. #Bitcoin plunged to $60,660, while numerous altcoins saw substantial losses exceeding 30%. The derivative market bore the brunt, experiencing an astounding $870 million in losses. The news of Iran's airstrike worsened the ongoing market decline that commenced on Friday, triggering a rapid and considerable sell-off. #BTC's retreat to $60,660 was accompanied by double-digit drops in many altcoins, with losses ranging from 20% to 30% within minutes. Ethereum slipped below $3,000, and XRP, hitting $0.43, fell to levels not seen in a year. Among the top 100 cryptocurrencies, ORDI experienced the most significant loss of 30%, followed by EOS and AAVE, both down 24%. According to Coinglass data, over 230,000 leveraged positions were liquidated at a loss in the past 24 hours, totaling more than $870 million in losses. Conversely, PAXG, a token pegged to the price of one ounce of gold, surged dramatically, surpassing $3,000. This surge occurred as the price of an ounce of gold closed at $2,344 on Friday. #BullorBear #binance #altcoin 🚀
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😱 Altcoin investor reset $1 million: “I lost everything” 🤯 The sharp downturn in the cryptocurrency market, particularly affecting leveraged traders, led to significant losses for many investors, including this individual who was invested in #PEPE . Known as "Crypto Nerd" on X, this investor had over $1 million in assets in PEPE, a popular meme coin. They entered a long position with 3 times leverage, expecting PEPE to rise. However, when the market turned, they lost their entire balance of $1.148 million. Expressing their shock and disappointment, they shared their experience on X, mentioning their long history in crypto since 2017. This incident serves as a cautionary tale about the potential pitfalls of leveraged trading, emphasizing the importance of risk management and financial caution in the volatile cryptocurrency market. #Memecoins #BullorBear #binance
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