$EIGEN best time to short | Syed Omer Hussain on Binance Square

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Syed Omer Hussain

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$EIGEN best time to short 

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Will LINK’s Coinbase Partnership Spark a Bull Rally? LNEX Soars By 283% As Bonk Dips to a Critical Zone Chainlink’s partnership with Coinbase’s Project Diamond aims to deliver essential data and enable comprehensive lifecycle management of the newly tokenized assets on the platform. This move could propel an upward trend in Chainlink’s price movement, which has dipped by over 7% in a week. Similarly, Bonk’s price has dropped over 10% in a week. The price stopped at the 50-day SMA, now a key support level. Lunex Network, on the other hand, continues to enjoy a bullish outlook, surging by over 283% to $0.0046. This impressive gain has seen the project raise over $5.2 million in revenue as investors anticipate more gains before the year ends. Lunex Network Surges By Over 283% Lunex Network presale continues to create more excitement by providing exceptional privacy and security. Each transaction in Lunex Network will be safely executed on-chain without the need for personal information. This will allow traders to confidently engage in trading activities, knowing their investments are secure. However, this is not all. Lunex Network employs an aggregator protocol, procuring liquidity from many exchanges and guaranteeing optimal pricing. This function helps enhance the trading efficiency and fluidity of both seasoned and novice traders in the crypto market. It also delivers sophisticated analytics directly to data enthusiasts. By utilizing real-time data and predictive market research, Lunex Network will provide its traders with the needed skills to make the best choices. These features have already made Lunex Network stand out, with a presale revenue of over $5.2 million, the LNEX price has recorded an impressive gain, with an over 283% surge to $0.0046. Chainlink Price Prediction: Will LINK Partnership with Coinbase Lead to A Bullish Outlook? Chainlink’s collaboration with Coinbase will enable financial institutions to utilize verifiable data via LINK, enhancing their operations. This move could help Chainlink regain a bullish outlook.

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#BTCNewATH $SUI rolled back After Reaching NEW Highs M SUI pulled back without reaching the psychological level of 5.00. Instead of making a new higher high, the price formed a double top and rolled back. I anticipate that the market may pull back toward the support level around 4.00. If the price bounces off this support level or creates a trend continuation pattern, I expect the market to continue moving higher. My goal is resistance zone around 5.00

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$FET (Artificial Superintelligence Alliance) 🔹 Signal: 📈 Buy Signal 🔹 Price: $1.66 🔹 Open Position: Buy 🔹 Take Profit (TP): $1.80 📊 🔹 Stop Loss (SL): $1.55 ⚠️ 🔹 Reason: Strong momentum with a 3.64% daily change and continuous uptrend. #BURNGMT #Write2Earn! #MarketMajorComeback #BinanceSquareFamily

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XRP surges 370% post-Trump victory: What’s driving the rise? XRP has jumped an astonishing 370% since Donald Trump’s U.S. election win, far outpacing other major cryptocurrencies. Bitcoin rose just 46% during the same period, while XRP overtook Solana to become the third-largest cryptocurrency, behind only Bitcoin and Ethereum. XRP was created in 2012 as the token for the XRP Ledger, which powers Ripple’s international payment systems. Even though Ripple focuses on global payments, most of its business 95% happens outside the U.S. Ripple owns a big chunk of XRP, which has raised concerns with regulators over the years. Ripple has been in a long legal fight with the SEC (Securities and Exchange Commission). Last year, a judge ruled that XRP isn’t a security when sold to regular investors but is an unregistered security when sold to big institutions. Recently, XRP has been gaining momentum thanks to several positive developments. Edul Patel, CEO of Mudrex, noted, “XRP has gone up close to 300% in just a month, driven by growing interest in banking tokens. The recent approval of Ripple’s stablecoin - RLUSD provided another boost to XRP’s price, taking it over the $2 mark.” He added that a pro-crypto SEC chair is also expected to bring a friendlier stance to cases like Ripple’s, further boosting market sentiment. This week, XRP reached a market capitalization of $140 billion, outshining global companies like Sony ($128.6 billion), Nike ($115.57 billion), Starbucks ($112.6 billion), Spotify ($97.51 billion), PayPal ($90.23 billion), Dell ($86.75 billion), and Ferrari ($80.92 billion). The rally follows Ripple’s regulatory approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin. Ripple CEO Brad Garlinghouse celebrated the milestone on X (formerly Twitter), saying, “We have final approval from @NYDFS for $RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from @Ripple first.”

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MicroStrategy to eclipse Starbucks, Nike market cap if Bitcoin rallies to $138K MicroStrategy’s (MSTR) stock prices are up 546% for the year, with its market cap currently at $99.4 billion. Its Bitcoin (BTC) reserve is a major reason for its significant year-to-date yields, as the organization added 249,850 BTC in 2024, taking its total tally to 439,000 BTC. With its market cap on the brink of breaking the $100 billion threshold, MicroStrategy will take over major American companies if Bitcoin hits higher price targets. MicroStrategy’s market cap will eclipse Starbucks and Nike if BTC hits $138K With 439,000 BTC in its treasury, MicroStrategy is the largest corporate holder of Bitcoin, surpassing Marathon Digital’s tally of 40,435 BTC by 985%. Thus, monitoring BTC’s price gives a direct outlook of MSTR’s market cap potential. Based on MicroStrategy’s net asset value (NAV) worksheet, its fully diluted market cap is $114 billion, with the derived MSTR NAV at around $40 billion. With respect to MicroStrategy’s BTC holding, every time the crypto asset moves $1,000 in either direction, MSTR’s market cap gains approximately $440 million. Starbucks's current market cap is $105.5 billion, and Nike's is $115 billion. Therefore, a mere 11% rally for Bitcoin to $118,810 will allow MicroStrategy’s market cap to surpass Starbucks in the valuation rankings. A 32% uptick to $140,000 per BTC would take MSTR’s market cap ahead of Nike. Surpassing Nike’s market cap assumes that MicroStrategy does not add to its current BTC holdings. Related: MicroStrategy buys 15.3K Bitcoin for $1.5B, holdings reach 439K BTC MicroStrategy will go bankrupt if an asteroid hits Earth, says analyst MicroStrategy’s Bitcoin playbook effectively entails buying Bitcoin at a higher level, where the company issues debt and utilizes the proceeds to buy Bitcoin, which drives BTC price higher. MicroStrategy’s method does have detractors, one being Chainlink advocate Zach Rynes, who said he was “deeply uncomfortable” with the organization's “debt-based acquisition.”

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