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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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😪RESCUE GOES WRONG - how RELIEF can transform to IMMEDIATE PAIN - ALMOST LIKE A LIQUIDATION in TRADING
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💦 $WATER - $41 MILLION RAISED in PRESALE within a few Minutes - Water MEME Coin makes HUGE WAVES on SOLANA! 🐳 In an astonishing feat, the WATER Meme Coin, a highly risky meme coin, raised a staggering $41 million within just a few minutes of its launch. This rapid fundraising has captured the attention of the cryptocurrency world, highlighting both the allure and the potential dangers of investing in meme coins. Water meme Coin's meteoric rise is fueled by its humorous and irreverent branding, tapping into the meme culture that has previously propelled other tokens like Dogecoin to fame. The project's website, watercoin .wtf, emphasizes its playful nature and the community-driven approach behind the coin's development. The team seems to have innovative and new ideas. So I decided to get into it with the maximum of 200 SOL on the PRESALE with my personal Phantom Wallet: Mende.sol WATER is made by the same team that created the $BEER coin, so I guess they know what they're doing. However, as you saw, BEER crashed a bit with the collective drop of all the coins in the recent week. However, potential investors should exercise caution! Meme coins are highly speculative and can be extremely volatile. Water Meme Coin ABSOLUTELY showcases the market's appetite for high-risk, high-reward investments but also underscores the need for research and risk management. Despite the risks, Water Meme Coin's early success is a testament to the power of community and meme culture in the cryptocurrency space. Whether it will sustain its momentum or fizzle out remains to be seen, but for now, Water Meme Coin's is riding the wave of viral popularity. 💥 The TOKEN is not trading as of TODAY 💥 DO NOT BUY it on DEXES such as Radyum or Jupiter. These are all fake Solana WATER tokens made by scammers! Once $WATER starts trading, you will from their official website or Telegram: watercoin.wtf - I will update here too! 💦 Good luck to me and all the other high-risk maniacs 😍 Professor Mende #MEMES #MemecoinWatch2024 #shib #water #pepe WaterCoin
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🚀🌐 STABLECOINS = 10% OF GLOBAL MONEY IN NEXT DECADE 🌐🚀 Circle CEO Jeremy Allaire has expressed his bullish outlook on the future of stablecoins, predicting they could account for 10% of global economic money over the next decade. This optimistic view is based on several factors that could drive exponential growth in stablecoin adoption. 📈 Factors Driving Stablecoin Growth: Widespread Adoption by Payment Companies: "Most of the world’s largest payments companies are actively using this technology and exploring how to expand their usage," Allaire explained in a June 19 X post. Addressing Market Needs: Digital dollars on blockchains can fulfill promises such as banking the unbanked, lowering remittance costs, and enabling seamless cross-border commerce. Increasing Acceptance: Stablecoins are becoming a widely accepted form of digital money, poised to occupy a significant portion of the world’s $100 trillion market for electronic money by 2025. Potential for Onchain Credit Markets: Allaire envisions a future where credit intermediation moves from traditional banking to onchain credit markets, driven by stablecoin adoption. 💡 The Future of Stablecoins: Allaire's bold prediction sees the stablecoin market growing to 10% of global economic money within the next decade. Currently, the $162 billion stablecoin market is only 0.2% of the $80 trillion money market, according to World Population Review data. For his prediction to come true by 2034, the stablecoin market would need a compounded annual growth rate of 47.7%. Current Market: USD Coin (USDC), issued by Circle, boasts a $32.8 billion market cap, making it the second-largest stablecoin behind Tether (USDT). 👇 Do you think stablecoins are the future? I think so a lot!! Drop your opinion and follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more! #stablecoins #Crypto #Blockchain #USDC #USDt $usdt $btc $eth
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⚠️ DID GERMANY CRASH THE BITCOIN PRICE? ⚠️ 🔻 Crypto Market Plunges: Between June 20 and June 21, the total cryptocurrency market cap plummeted by 3.9%, nearing a five-week low at $2.34 trillion. Bitcoin (BTC) fell 4.2%, Ether (ETH) dropped 4%, and BNB (BNB) faced a 4.2% correction, dragging the entire market into a bearish sentiment. 🔍 Germany's Bitcoin Sell-Off: Rumors suggest that a large Bitcoin sale by the German government contributed to the market downturn. According to Arkham, a wallet linked to the German government transferred 6,500 BTC (worth $425 million) to exchanges on June 19. These funds, seized from the pirated movie site Movie2k, reportedly went to Kraken, Bitstamp, and Coinbase, suggesting a significant sell-off. 💰 MicroStrategy's BTC Purchase: Contrary to this, MicroStrategy announced on June 20 that it had purchased an additional 11,931 BTC for $786 million, effectively countering the German sell pressure. This purchase should have offset the two-day $292 million net outflow from U.S. spot Bitcoin ETFs. 📊 Macroeconomic Concerns: The real issue might lie in the traditional finance sector. Negative macroeconomic data has shaken investor confidence, with the U.S. stock market nearing a "triple witching" event where $5.5 trillion in derivatives are set to expire. This, coupled with weak economic indicators from the U.S., France, Germany, and the UK, has spooked traders. 📉 Conclusion: While Germany's Bitcoin sale might have played a role, the broader market turmoil seems driven by global economic concerns. As traders navigate these turbulent waters, the focus remains on macroeconomic indicators and traditional market influences. Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more updates! #Bitcoin #CryptoMarket #BTC #MARKETINSIGHTS #TRADING $BTC $DOGE $FLOKI
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⚠️ WILL BITCOIN DROP BELOW $60K? ⚠️ 🔻 BTC Falls Below Key Level: Bitcoin's price recently fell below $64,000, breaking through its short-term holder realized price (STH-RP), which has raised alarms about a potential further decline. CryptoQuant reports that trading below this critical support level of $65.8K suggests a possible correction towards $60K and lower. 📉 Potential Correction Ahead: CryptoQuant highlighted in a June 21 X post that Bitcoin trading under $64K could lead to an 8%-12% correction. This would bring Bitcoin to levels not seen since May 3, when it was trading around $59,122 according to CoinMarketCap data. 🔍 Critical Support Breached: On June 22, Bitcoin dipped 2% to $63,442, falling below the STH-RP of $64,230. The STH-RP is a significant indicator as it represents the aggregate cost basis of more speculative Bitcoin holders, those who have held BTC for 155 days or less. Historically, this level has acted as strong support during upward trends. 📊 Market Sentiment: The recent breach has caused concerns among traders about further declines. Crypto trader Crypto Caesar noted the importance of STH-RP as support in bullish markets. Meanwhile, LookIntoBitcoin founder Phillip Swift emphasized the need to monitor if this support level holds. 💸 **Potential Liquidation Impact:** A move down to $60,000 could result in liquidations worth $1.64 billion in long positions, according to CoinGlass data. This highlights the volatility and risk involved in the current market scenario. 📈 **Future Prospects:** Ki Young Ju, CEO of CryptoQuant, suggests that Bitcoin's network fundamentals could support a market cap three times its current size compared to previous cyclical peaks. He pointed out that if the current price-to-hashrate-to-market-cap ratio continues to grow, it could potentially sustain Bitcoin's price up to $265,000. #Bitcoin #Crypto #BTC #MarketAnalysis #CryptoNews $BTC $PEPE $SHIB
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🤯 99% of Crypto Projects DON’T Need a Token! Here's Why They're Still Thriving Without One! Did you know that 99% of crypto projects don't actually need a token to succeed? Look at Base, Arbitrum, LayerZero, and Wormhole (before their token launches) - all fantastic, fully functioning products. In fact, Base is still thriving without a token! But wait, there's more nuance to this story! Sure, there are strong arguments for having a token - decentralization, governance, bootstrapping, liquidity, and community building are all important factors. However, from a retail perspective, it's crucial to understand that these often come secondary to a simpler principle: raising capital and extracting profits is much easier with tokens than with traditional revenue models. Many crypto products wouldn't be able to raise funds or build at all if it weren't for this dynamic, as they wouldn't be profitable enough through revenue alone. So, do these products NEED tokens to function? No. But does the industry rely on new tokens to innovate? Absolutely. There are some downsides, like retail extraction through private to public market arbitrage, token dilution, and liquidity fragmentation. However, the big pro is that more innovation happens because teams can raise capital to build, and developers are incentivized to create new products and dApps. I'd love to see more infrastructure products introducing dynamic token utilities, similar to what we've seen in the DeFi market. Regulation may limit this, but it's a fascinating topic that impacts value accrual. What do you think? Makes sense? Your @Professor Mende - Founder of BONUZ Project - in Dubai UAE #TOKEN #utilization #btc #fomo #infra
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