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February 26, 2024 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap: $2 Trillion 24h Volume: $51 Billion BTC Dominance: 50.7% ETH Dominance: 18.7% 🔸BK® Health Standard: 4.9 (1 to 10) 🔸BK® Sentiment: 41% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. XVG: +66% 2. ALICE: +29% 3. CKB: +24% Top Losers 1. JASMY: -11% 2. RNDR: -6% 3. UFT: -5% BINANCE FUTURES: Top Gainers 1. XVGUSDT: +67% 2. ALICEUSDT: +29% Top Losers 1. JASMYUSDT: -10% 2. RNDRUSDT: -6% LARGEST VOLUME (24h) 1. BTC/USDT ($14300m) 2. ETH/USDT ($13600m) DAILY OUTLOOK SVG, ALICE, and CKB have emerged as the top gainers in the market, demonstrating significant upward movement. Meanwhile, Bitcoin (BTC) is displaying notable strength and momentum, indicating a bullish sentiment. The decline in BTC dominance (BTC.D) further underscores the potential for altcoins to flourish, signaling a favorable environment for alternative cryptocurrencies. ➖➖➖➖➖➖➖ #TrendingTopic #market_tips #Write2Eam

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#Alert!! 3 Cryptocurrencies To Avoid Trading This Week👇 🔺Avoid Trading dYdX (DYDX) Amid Massive Unlock 🔺Optimism (OP) Token Unlock 🔺Echelon Prime (PRIME) 1. Avoid Trading dYdX (DYDX) Amid Massive Unlock First, dYdX (DYDX) amounts to nearly 45% of the total unlocked tokens next week, and speculators should avoid trading it. The decentralized exchange protocol will release 33.34 million DYDX on February 29, worth $130 million by press time. Private investors will receive the most of it, 18.49 million tokens worth $72.10 million, which suggests profit realization. Further, the team will receive the remaining 14.85 million, which may also go through a sell-off. 2. Optimism (OP) Token Unlock Second, crypto investors should avoid trading Optimism (OP) as next week’s second-largest unlock. The layer-2 protocol for Ethereum (ETH) will release 24.16 million OP earlier on February 29, worth $86.73 million. Interestingly, the distribution will be similar for the team (‘Core Contributors’) and private investors. The former will receive 12.75 million OP, while the latter will receive 11.41 million tokens. 3. Echelon Prime (PRIME) Finally, Echelon Prime (PRIME) will unlock $20.44 million worth of 1.66 million PRIME a day before the other two, on February 28. 912,040 PRIME will go to the Parallel Studios reserve and 750,000 to its private investors. Thus, the Web3 gaming studio native token is another cryptocurrency to avoid trading next week for investment protection. #Note - However, these cryptocurrencies can still perform well in the following days despite the expected sell-offs. The cryptocurrency market is highly volatile and unpredictable, meaning everything can happen in the short term. #Write2Earn #dYdXChain #Optimisim #Prime

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🔴In the dynamic landscape of cryptocurrencies, the past week has seen a flurry of activity with particular tokens making headlines. Shiba Inu tokens have experienced an uptick in market activity, with a heightened burn rate suggesting a bullish trend for the meme-based digital asset. Concurrently, Worldcoin’s valuation has seen a near tripling in response to factors like whale accumulation and project adoptions. The Terra Classic community has also been a focal point for investors, as it faces a critical voting outcome that could shape its governance structure. Enthusiasm Around Meme Token Shiba Inu👇 Shiba Inu’s ecosystem buzzed with excitement, marked by an increased demand that led to a boosted supply of SHEboshis ahead of their market debut. The sheer velocity of sales for the DN404 test token highlighted the community’s engagement. This was further complemented by an aggressive token burning strategy implemented by the Shiba Inu community, which bolstered its market optimism. Worldcoin’s Price Surge and Terra’s Governance Hurdle Worldcoin, the brainchild of Sam Altman, enjoyed a significant upswing in its value. The currency, which marries artificial intelligence with blockchain, benefited from strategic whale purchases and broader adoption. Turning to Terra Classic, a pivotal vote emerged with implications for the network’s staking and governance, aiming to mitigate spam through required deposit adjustments for new proposals. Simultaneously, Terraform Labs Co-founder Do Kwon’s legal skirmish with the U.S. Securities and Exchange Commission (SEC) entered a new phase, with the scheduling of preliminary court proceedings. Additionally, the Terra Classic community is closely watching the Tax2Gas proposition, which could be rejected based on current voting trends, igniting further intrigue among crypto market followers. Overall, these developments have kept the cryptocurrency market abuzz, with investors and enthusiasts closely monitoring these and other tokens for indications of the market’s direction. #Write2Earn #SHIBA_INU

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BTC: Funding rate wave is green. Bulls dominate the market💪 #Write2Earn #BTCHALIVING #BTC‬

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🔺JPMorgan Predicts Bitcoin Halving Already Priced In, Is A Major Correction Ahead?👇 🔸JPMorgan said that strong retail buying led to BTC price rally to $52,000. 🔸Bitcoin selling pressure puts it at the risk of first weekly negative closing in a month's time. 🔸Analysts predict Bitcoin to top between $54K-$58K pre-Bitcoin halving #Write2Earn #BTC‬ #BTCHALIVING

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