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🚀🚀😱BNB made ATH: It is on the rise with Launchpools😱🚀🚀 According to data on the market, $BNB , the fourth largest cryptocurrency, made ATH, reaching there towards 716, with an increase of 12 percent in the last 24 hours. BNB is the native token of the #BNB chain ecosystem. The entire previous ATH of the token was recorded as $690 in May 2021. Approximately 3.3 billion dollars of volume occurred in BNB in the last 24 hours. The token currently has a market value of 107.2 billion units. BNB's rally was supported by the popularity of Binance Launchpool. The platform requires users to stake BNB to participate in Launchpools. Launchpools reduce the circulating supply of BNB Last month, Binance Launchpool announced that it had registered Notcoin. Notcoin, which can be earned in a Web3 game on Telegram, has gained a market value of $2.2 billion since its launch. Meanwhile, Bitcoin's value rose 2.89 percent to over $71,000 in the past day, and most other altcoins were also in the green. By increasing the amount of active users with Launchpools, Binance directly affects the circulating supply of BNB. The characteristics of users who stake BNB for a period of time also reduce the selling pressure on the parity. In addition, Bitcoin breaking $ 70,000 was a driving force for BNB. Binance's token, which quickly moved in the 716 direction after exceeding $ 700, renewed ATH for the first time after May 2021. #BinanceLaunchpool #binance #btc70k

🚀🚀😱BNB made ATH: It is on the rise with Launchpools😱🚀🚀

According to data on the market, $BNB , the fourth largest cryptocurrency, made ATH, reaching there towards 716, with an increase of 12 percent in the last 24 hours.

BNB is the native token of the #BNB chain ecosystem. The entire previous ATH of the token was recorded as $690 in May 2021. Approximately 3.3 billion dollars of volume occurred in BNB in the last 24 hours. The token currently has a market value of 107.2 billion units.

BNB's rally was supported by the popularity of Binance Launchpool. The platform requires users to stake BNB to participate in Launchpools.

Launchpools reduce the circulating supply of BNB

Last month, Binance Launchpool announced that it had registered Notcoin. Notcoin, which can be earned in a Web3 game on Telegram, has gained a market value of $2.2 billion since its launch. Meanwhile, Bitcoin's value rose 2.89 percent to over $71,000 in the past day, and most other altcoins were also in the green.

By increasing the amount of active users with Launchpools, Binance directly affects the circulating supply of BNB. The characteristics of users who stake BNB for a period of time also reduce the selling pressure on the parity. In addition, Bitcoin breaking $ 70,000 was a driving force for BNB. Binance's token, which quickly moved in the 716 direction after exceeding $ 700, renewed ATH for the first time after May 2021.

#BinanceLaunchpool #binance #btc70k

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😱🇺🇲What you need to know before Fed interest rate decision A crucial moment for Bitcoin🇺🇲😱 The #US Federal Reserve (#Fed ) will announce new interest payments this evening at 18 UTC. While it is certain that the Fed will keep interest rates constant, the statements made by the head of the institution, Jerome Powell, are eagerly awaited. When Powell's interest rate cuts may start and the interest rate cuts of the Bank of Canada and the EU Central Bank will also be distributed in the world. Money, stock and cryptocurrency markets around the world are eagerly awaiting the Fed's interest rate decision today and the statements of its chairman, Jerome Powell. In fact, it is out of the question for the Fed to cut or increase interest rates, but Powell's statements after the decision is announced are of great importance. In fact, interest rate cuts have been expected in the market since the systematic banking storage last year, but Powell and the Fed store presidents stated that it was much more important to keep the interest rates stable and continuous for a long time if inflation did not fall sufficiently. The expectation is not even 1% According to the "CME FedWatch Tool" used by analysts and economists to predict short-term interest rates, the probability of a rate cut tonight is not even 1%. Markets predict that the Fed will keep interest rates constant at 99.4% this evening. New dot chart will be announced On the other hand, the dot chart, where all surgical procedures and the Fed's predictions about the interest rate course can be seen, will be updated this evening. Dot plots are announced in 4 of the 8 meetings held annually. In this evening's update of the chart for March, June, September and December, it will be seen when the Fed is expected to cut interest rates early. In the last dot-plot chart (March), it was seen that most of the members expected a 5 percent decrease in interest amounts for 2024. However, members' interest rate reduction predictions for 2024 will come true due to regularly high inflation. #BTC #binance
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🚀🚀😱PEPE and BONK heading for a Bull Run as the market crashes😱🚀🚀 The volatility is peaking as the crypto market crashes with the FOMC meeting and the inflation report coming on June 12th. However, certain meme coins like the PEPE and BONK are resurfacing as the optimistic eyes expect a recovery in this segment. With the #PEPE price jumping 5.41% last night and the #BONK ready for a morning star, the meme coins are ready for a trend reversal. Will this reversal rally lead to a broader market comeback this month? Let’s examine the price chart and technical analysis of $PEPE and $BONK to learn more. PEPE Plans Meme Coin Segment Reversal With a pullback phase in the daily chart, the PEPE price trend shows a retest of the 50D EMA. Following the retest, the meme coin price trend takes a lateral shift with no decisive move in the past four days. However, with the recent overnight jump of 5.41% along with an intraday move of 1.04% today, the PEPE price trend reveals a potential comeback move. Furthermore, the MACD and signal lines plan for a bullish crossover in the positive territory. Hence, if the broader market recovers post-FOMC meeting, the PEPE price could surge to its all-time high levels. Optimistically, the bull run can lead the meme coin to break $0.000018 and reach the psychological mark of $0.000020. A Morning Star Bull Run For BONK? With a negative cycle in the rising channel pattern, the BONK price drops under the 50D EMA. Further, the meme coin loses the critical level of 50% Fibonacci level and the $0.000030 psychological mark. The BONK price action reveals a bullish failure of the rounding bottom pattern and tests the support zone at the 38.20% Fibonacci level at $0.00002679. With the bullish recovery, a morning star pattern forms at a crucial level of support, teasing a comeback rally. If the buyers undermine the selling pressure to reverse the trend polarity, the uptrend in the meme coin can reach $0.00003756. #memecoins #binance
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