$BNB 4 made a trend break on the hourly chart. When I look at LTF;
Reception point: 540.4
Stop: 532.1
Take Profit 1: 554.0
Take Profit 2: 559.2
Take Profit 3: 567.9
3.29R
#YTD #PriceActionAnalysis

Let me give you a little #BNB buying tactic. Especially after sudden and large increases, a significant amount of $BNB is sold immediately and a massive decline occurs within minutes. This decrease, which lasts for a few minutes, can sometimes reach 4-5%. This pin is a good opportunity to buy because someone (😉😅) wants to reverse the leveraged long positions that are open or have been opened suddenly very recently. This is none of our business. When the needle becomes apparent, those who buy will be up min. in a few hours at the latest. They will see 4-5% movement. Those who do not believe can look at the 15 and 1 minute charts to examine.

Of course, #YTD

#SolanaMemeCoins Outperform Ethereum by 800% #YTD

Meme Coins Surge in CoinMarketCap's H1 2024 Report
CoinMarketCap's H1 2024 report highlights meme coins as the leading asset class, commanding a 22% market share. The Solana (SOL) ecosystem is at the forefront, followed by Ethereum ($ETH ) and AI tokens.

Solana Leads Meme Coin Growth

- The Solana ecosystem has gained significant traction, holding a 9.64% market share in the meme coin sector. Meme coins have shown consistent stability and growth over the past week.

Dogwifhat ($WIF ) Tops Meme Coin Performance

- Dogwifhat (WIF) is the standout performer, with a 12.34% increase in the last 24 hours and a 40.17% rise over the past week. This follows a period of decline, making WIF a leading meme coin.

Solana Memes Outperform Ethereum Memes

- Solana-based memes, launched in late 2023 and early 2024, have achieved an average return of 8,469%, far surpassing the 962% return of Ethereum-based memes. The surge is driven by WIF and $BONK , boosting interest in Solana memes.

Billy (BILLY) Reaches $100 Million Market Cap

- Billy (BILLY), a meme coin on Solana's Pump.fun platform, recently exceeded a $100 million market cap, rising from $72 million to $117 million. Despite the developer's quick exit, the community's support has driven its success. Pump.fun has also surpassed Ethereum in daily revenue.

Celebrity Influence and Scams

- Celebrity endorsements have fueled the rise of Solana meme coins but also attracted scams. Hackers recently used Sydney Sweeney’s account to promote a fake meme coin, highlighting ongoing fraud risks.

Michi’s Popularity

- The Solana meme coin Michi surged 18% after Ariana Grande’s Instagram post featuring the coin.

Billy Surpasses DADDY

- Billy has overtaken Andrew Tate-endorsed DADDY, which has dropped to a $71 million market cap. Billy is now the second-largest Pump.fun token, trailing only Michi, which has a $130 million market cap.

Summary

The rise of meme coins in the Solana ecosystem is shifting market dynamics and drawing attention from both investors and scammers.