In the last month, every single #cryptocurrency hit its floor level. Then, just 10 days ago, everything skyrocketed! What we’re seeing now is a nightmare for small investors with limited funds and those just getting into #crypto trading. Prices aren’t at maximum or super high, but at the same time they are far-far from the floor levels we saw just 3-4 weeks ago; up to anywhere from 40% to 100% higher than just 2-3 weeks ago!
If you see someone complaining about a loss, it’s often a sign that they are beginners who likely invested just a day or two ago without much understanding of cryptocurrency or trading. Many of these individuals lack financial literacy and tend to invest money they can’t afford to lose money meant for basic survival needs.
They’re often influenced by exaggerated stories, such as hearing about someone turning 24$ in $PEPE into millions within minutes. For them, any time frame longer than a few minutes feels like an eternity, and if their investment doesn’t turn their last 7.68$ into a fortune, they perceive it as a catastrophe. A slight dip, even a loss of 47 cents, feels disastrous!
While this example might seem exaggerated, unfortunately, it’s not far from reality. This behavior highlights the importance of financial planning and understanding the risks involved in crypto trading.
On the other hand, anyone who invested in cryptocurrency a month ago, or was trading for a longer period, regardless of the coin they bought/HODL, has likely seen significant gains and at least doubled their money - EVERYONE did it!
Anyway, if you have spare cash and are willing to invest for the long term, there is a possibility of making a profit. By “long term,” I mean waiting for 2-3 years down the road.
For those looking for quick money and fast profits, forget about crypto for now. You’d be better off literally gambling on football, basketball, or other sports or even hitting the #casino
The “get rich quick” space in #crypto is gone for the time being - #HODL

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Hamster Kombat (HMSTR) boasted 11 Million on-chain token holders, positioning it just behind Aptos, yet surpassing others like Immutable (IMX), Mantle (MNT), Cardano (ADA), Starknet (STRK), Polkadot (DOT), and Injective (INJ) in terms of holder count.

Hamster Kombat community on X equated the base of holders to filling over 239 Yankee Stadiums, illustrating the massive community belief and support in HMSTR’s value.

With such a vast and committed user base, HMSTR was clearly a force in the crypto world. Remarkably, 73% of the CoinMarketCap community expressed bullish sentiments toward HMSTR, signaling widespread optimism about its future prospects.

11 million! 11 million on-chain $HMSTR holders! You know HOW MUCH this is?It’s over 239 Yankee Stadiums full of Hamsters holding the tokens and believing in its value!And they’re not alone. 73% of the CoinMarketCap community is bullish on $HMSTR.You know why?… pic.twitter.com/vt0gCIF1LA— Hamster Kombat (@hamster_kombat) November 14, 2024

This enthusiasm was rooted in the concept that ‘Hamsters are the new whales,’ suggesting that small but numerous investors can collectively wield substantial influence over the market.

This massive backing could very well set the stage for HMSTR to lead a new wave in the cryptocurrency space.
As enthusiasm continues to build, HMSTR could be poised for potential explosive growth, aiming to soar to unprecedented heights, ‘to the moon,’ as the community could say.

This rallying cry encapsulated the fervor and high expectations surrounding HMSTR as it gears up to shake up the crypto market.

HMSTR Potential Wedge Breakout
HMSTR showed signs of a potential breakout on the lower time frames (LTFs) from a falling wedge pattern. The pattern, typically known for its bullish implications, suggests that HMSTR might be gearing up for a significant price movement.
If the price strongly flips above the wedge’s resistance line, it could set off a bullish rally. Notably, there has been an uptick in volume, indicating growing momentum and interest from traders.

This increased activity and the current market structure hint that HMSTR could be on the verge of reclaiming its all-time high (ATH).
Investors and traders should keep a close eye on whether HMSTR can maintain this momentum and break through the resistance.
A successful breakout and hold above this level could confirm the bullish sentiment, potentially propelling the price toward new highs.

Social Volume For Top Coins
HMSTR also led the charts among coins with a market cap under $1 Billion, in terms of social volume and activity.

Hamster Kombat registered the highest social volume with 12K posts, far surpassing other contenders such as ApeCoin (APE) with 10K, MultiversX (EGLD) at 9.5K, Holo (HOT) with 7K, and PAAL at 6K.

In terms of interactions, Hamster Kombat again was second to PAAL AI (PAAL) which had a remarkable 7 Million interactions compared to HMSTR’s 6 Million, demonstrating significant community engagement compared to ApeCoin (2M), EGLD (2M), and Holo (737K).

The engagement was a clear indicator of the community’s active involvement and belief in Hamster Kombat’s potential.Moreover, HMSTR showed impressive social dominance, holding 0.87% of the conversation across social platforms.This was only slightly higher than ApeCoin’s 0.73%, and significantly more than Elrond’s 0.55%.This social dominance noting HMSTR’s influential presence in crypto discussions, potentially signaling more growth and adoption in the near future.Such strong social metrics could indicate Hamster Kombat could reclaim its high as community support often precedes price rallies.

#hamster #memecoin #cryptocurrency #CryptoNews

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Robert F. Kennedy Jr, Trump’s nominee for U.S. health secretary, says Bitcoin will be the American middle class’s secret weapon against inflation. The 2024 independent presidential candidate asserted that Bitcoin is the key to financial independence for the American populace.

RFK Jr (Bobby) said Bitcoin will be the best remedy against the dollar’s downgrade from the world’s reserve currency. He added that it will also be the offramp from a devastating national debt. According to Bobby, Howard Lutnick is the strongest advocate for Bitcoin and Trump’s best choice to head the U.S. Treasury compared to Scott Bessent.

Bitcoin will level the playing field for everyday, middle-class Americans
Bitcoin is the currency of freedom , a hedge against inflation for middle class Americans,a remedy against the dollar’s downgrade from the world’s reserve currency, and the offramp from a ruinous national debt. Bitcoin will have no stronger advocate than Howard Lutnik.— Robert F. Kennedy Jr (@RobertKennedyJr) November 16, 2024

RFK Jr said on X that Bitcoin is a currency of freedom that will help America’s middle class combat inflation. His sentiments echoed his previous remarks at the Bitcoin 2024 conference, where he stated that Bitcoin is a technology for freedom, optimism, independence, and transparency. He pointed out that transactional independence is just as important as freedom of speech.

Bobby claimed that Bitcoin gave the middle class a shot at holding their ground in an economy that has been hard against them. He also said that he’d have liked to see small Bitcoin transactions exempted from taxation to protect the “overburdened” middle class.

RFK Jr stressed that Bitcoin takes control away from the government and the monopolistic banking system that shifts wealth upward to billionaires while impoverishing regular Americans.

Kennedy, who took the ‘we’re all in this together’ approach, said he was happy with Trump’s commitment to BTC. He revealed back in May that he had bought 21 BTC, including three for each of his children.

RFK Jr sides with Lutnick as Trump looks to appoint Treasury Secretary

Kennedy claimed that Lutnick will be a better U.S. Treasury Secretary appointee compared to Bessent. He was responding to Bass, who insisted that Bessent is eminently more qualified than Lutnick to run the U.S. Treasury.

According to Bass, Bessent is better than anyone else he has interacted with, and markets are already anticipating Bessent as the choice for the position. Bass explained that Bessent has a better understanding of geopolitics, markets, people, and economics while declaring that Lutnick is not Trump’s answer.

RFK Jr emphasized that Lutnick supports Trump’s policies more while pointing out that the Cantor Fitzgerald chair and CEO will be a far stronger advocate for Bitcoin and crypto in general. The Bitcoin Conference official X page also expressed support for Lutnick, pointing out that they couldn’t wait to invite him to the Bitcoin 2025 conference in Las Vegas.

Musk also weighed in on the matter, saying that Bessent’s appointment to the position will be “business as usual.” Musk supports Kennedy’s views, adding that there is a need for real change since “business as usual” is bankrupting America.

RFK Jr hopes to resurrect Lutnick’s declining chances by discrediting his rival Scott.

#RobertKennedyJr #Bitcoin #cryptocurrency #CryptoNews

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The broader market sentiment is extremely bullish, with the XRP price reclaiming the $1 mark. Amid such conditions, the meme coins segment anticipates a massive rally with the improving chances of Bitcoin topping $100,000.
So, are you wondering which altcoin to buy among the plethora of community-driven altcoins? Worry not, as Coinpedia has a list of high-potential top 3 meme coins that will turn $100 to $1000 by the end of November.
Top 3 Meme Coins to Turn $100 to $1,000:Simon’s Cat (CAT)
With a market cap of $354 billion, Simon’s Cat is currently trading at $0.00005256. Over the last seven days, it has increased by nearly 50% and is trading at a 15% discount from its all-time high.
As it reclaims the $0.000050 psychological mark, the bullish trend momentum in the meme coin has significantly increased. Currently, it is sustaining above the psychological mark and anticipates a bull run ahead.
Using the Fibonacci tool, the bull run anticipates the altcoin price to hit $0.00075 by the end of November. Hence, with a massive upside of more than 10x, this meme coin could turn $100 into $1000 by the end of November.
ACT 1: The AI Prophecy (ACT)With a market cap of nearly $700 million, the ACT token is trading at $0.7315. Over the last 7 days, it has increased by more than 3000%, with its recent listing over Binance.
The listing gains, being the crucial driving factor in the meme coin, have led to consecutive bullish candles. It is currently struggling to reach the $1 psychological mark, as it has formed a high of $0.9534.
Despite the short-term bullish exhaustion, the meme coin is expected to gain momentum by listing other major crypto exchanges. Hence, with the sky’s limit potential, the ACT token could easily turn $100 into $1000 by the end of November if the broader market sustains its bullish momentum.
Check out Coinpedia’s Dogecoin price prediction to learn about the biggest meme coin, DOGE, targets in 2024.
Osaka Protocol (OSAK)With a market cap of $225 million, Osaka Protocol currently trades at $0.000002997. Osaka has massive upside potential as a growing meme coin with a minute market cap.
In the daily chart, the meme coin is currently testing the 38.20% Fibonacci level. As per the Fibonacci levels, the bullish reversal in the daily chart, the Osaka meme coin could reach the $0.000001494 mark.
However, the uptrend might face a minute resistance, nearly 78.60% Fibonacci level, resulting in a minor pushback. Hence, the price action traders could anticipate the breakout as an entry opportunity. This will result in lesser returns but will provide a safer entry opportunity.
#MEMECOİNS #MemeCoinSeason2024 #cryptocurrency #CryptoNews

Gary Gensler Resigns: XRP Price Up Amid Hints of SEC Chair Departure
In a surprising turn of events, the XRP price has surged following recent remarks by SEC Chair Gary Gensler, who hinted that he may resign soon. Gensler's tenure has been marked by controversy, particularly around cryptocurrency regulation, leaving XRP investors hopeful for a more favorable legal landscape.
Did Gary Gensler Resigned? 
During the 56th Annual Institute on Securities Regulation, hosted by the Practising Law Institute (PLI), Gary Gensler statement hinted at his possible departure. In his concluding remarks, Gensler expressed gratitude for his tenure, which many interpreted as a farewell. "It’s been a great honor to serve with them, doing the people’s work, and ensuring that our capital markets remain the best in the world," he stated. The full speech is available on the SEC's official website.
Impact on XRP Crypto Price
XRP, along with its parent company Ripple Labs, has faced significant challenges under Gensler's leadership. The SEC has argued that XRP is an unregistered security, leading to a prolonged legal battle and regulatory uncertainty. Many in the crypto community believe that Gary Gensler resign could lead to a more lenient approach towards digital assets, potentially easing the regulatory pressure on XRP and other cryptocurrencies.
Following Gary Gensler resignation hint, the XRP price surged as investors speculated on a potential shift in regulatory stance. At the time of writing, the XRP price was trading at $0.7961, marking a 15% surge in a day. The market cap stood at $45.32 billion, with a 24-hour trading volume of $11.26 billion. Investors are hopeful that Gary Gensler news will pave the way for clearer and more supportive crypto regulations.

Source: CoinMarketCap
The market’s positive reaction underscores how sensitive crypto prices are to regulatory news. Investors are optimistic that a new SEC chair might adopt a more balanced approach, fostering a friendlier environment for cryptocurrencies. Moreover, XRP price prediction hints the token to hit $2 by 2025 and $5.00 by 2030.
Future of Crypto Regulation
Gensler’s tenure has been tumultuous, with a strong focus on regulating the crypto industry. His enforcement actions have led to significant litigation costs, estimated at $426 million since 2021, as highlighted by the Blockchain Association. Critics argue that the SEC's lack of clear policies under Gensler’s leadership has stifled innovation.
With the 2024 election results potentially triggering changes in leadership, there is hope for a shift in the SEC’s approach. SEC Commissioner Mark Uyeda, a known critic of Gensler's enforcement-heavy tactics, is among those considered as a possible successor.

Visit: CoinGabbar
#GaryGensler #cryptonews #cryptocurrency #coingabbar

🥲Revenge Trading is like Arguing With A Woman 👩🥶
😐When you incur losses, it can feel like the end of the world, mainly because you might have been risking more than you can afford.
🥴As I always emphasize, IF YOU START TRADING WITH THE INTENTION OF GETTING RICH QUICK, YOU'RE LIKELY TO LOSE EVERYTHING.
♨️That's why we continually stress the importance of PROPER RISK MANAGEMENT to ensure you never risk more than you can comfortably lose.
Make sure to always set a STOP LOSS.
By the way, remember that the move which triggered our stop loss also affected many other traders.
This is the nature of crypto trading; it's rife with unexpected price swings.
I don't have control over the market; we are merely small participants.
While it's natural to feel frustration when you incur losses, take a breather and approach the market with a cool head, following sound RISK MANAGEMENT practices...
Do not act impulsively, and do not seek revenge against the market.
#BinanceTournament #Crypto2024
#TradeNTell #cryptocurrency #BTC🔥🔥