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VIKAS JANGRA
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The US ๐บ๐ธ Senate has proposed a 1% WEALTH TAX on #Bitcoin holdings that exceed $500,000.
#BTC๐ช๏ธ
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#BTC
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VIKAS JANGRA
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๐ฅ BONK's Bold Move: 1 Trillion Tokens to Burn & Massive Price Target! ๐ฅ The Solana-based meme token BONK is making waves with its ambitious BURNmas campaign, aiming to burn 1 trillion tokens and achieve a jaw-dropping price target of $0.11. Here's everything you need to know about this exciting development: โ 1 Trillion Burn Milestone: Over 810 billion BONK tokens have already been burned since the campaign launched on November 15th. The community is rallying to hit the 1 trillion tokens burned milestone by December 24. โ Community-Driven Scarcity: Every tweet using the hashtag #LetsBONK contributes 100k tokens to the burn. This unique blend of community engagement and scarcity economics is driving optimism and excitement in the market. โ Market Impact So Far: BONK surged 30% in the last 24 hours, fueled by its Robinhood listing on December 20. Current price: $0.0000339, with a 328,000% potential gain if it hits the ambitious $0.11 target. Market cap: $2.57 billion, with trading volume reaching $851 million in the last 24 hours. โ Unmatched Momentum in the Meme Coin Space: BONK is the only top 10 meme coin to see 30% growth in the past 24 hours. Its futures open interest is up 28%, with Bybit contributing a whopping $311 million to trading volume. This bold initiative is not just about reducing supply; itโs about creating long-term value for BONK holders while proving its relevance in the fiercely competitive crypto space. ๐ Whatโs Next? The founders, Nom (@TheOnlyNom), predict BONK reaching $0.11, which would mark an incredible 328,000% gain. With strong community support and major exchange listings, BONK is gearing up to make a significant impact. Are you ready to join the BURNmas movement? Letโs see where this journey takes us! ๐ Follow, like, and comment your thoughts on BONKโs rise. Donโt forget to use the #LetsBONK hashtag to contribute to the burn! And if you love this update, hit the โTipโ feature to support @VIKAS JANGRA .
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๐ BTC Dominance Update: Whatโs Next for Altcoins? ๐น Current BTC Dominance: 58.80% BTC dominance has been moving within an ascending parallel channel since 2023, reflecting Bitcoin's growing influence in the crypto market. However, there have been significant developments recently that could shift the dynamics. ๐น Key Observation: For the first time in November 2024, the dominance broke below this channel. Fast forward to December 2024, and it has now returned to retest the lower boundary of this channel. ๐น Why This Week is Crucial: The current weekly candle will play a pivotal role in deciding the future direction of BTC dominance. A rejection at this retest point could mean the dominance will continue downward. ๐น What Does This Mean for Altcoins? If BTC dominance drops after the retest: โ We could see a massive rally in altcoins, as capital flows out of Bitcoin into alternative cryptocurrencies. If BTC dominance reclaims the channel: ๐ซ Altcoins may face pressure, with Bitcoin continuing to dominate the market. ๐น Our View: There is a high probability that BTC dominance will decline this week, as the current structure aligns with a bearish retest. This could mark the beginning of a significant altcoin season. ๐ก Actionable Tip: Stay vigilant and keep an eye on this weekly candle. A successful rejection of BTC dominance could create opportunities for significant gains in the altcoin market. Let us know your thoughts in the comments! Do you think this is the start of an altcoin rally? ๐ป Follow us for more updates and insights! ๐ป Like, comment, and use the Tip feature to support us. @VIKAS JANGRA
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๐จBREAKING: Michael Saylor suggested Amazon founder Jeff Bezos to buy $600M worth $BTC๐ธโ๏ธโ๏ธ $BTC
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๐จ Bitcoin Weekly Update: Critical Levels to Watch! ๐จ ๐ Current Market Analysis:$BTC Bitcoin has broken below the trendline support, a concerning signal for the short term. However, there's still hope as BTC holds steady at the $92K-$94K critical support zone. ๐ What This Means: If Bitcoin stays above this range and reclaims the trendline next week, the bullish trend could continue. This would bring optimism back into the market. However, if Bitcoin breaks below $92K, it could trigger additional selling pressure across the crypto market. โ ๏ธ Key Takeaway: The next week will be a make-or-break moment for Bitcoin. Traders and investors should keep a close eye on price movements to determine whether the bullish momentum persists or if the bears take control. ๐ก Your Move: Stay updated, manage your positions wisely, and prepare for both scenarios. The crypto market can be unpredictable, so risk management is key! ๐ Follow us for more timely updates on Bitcoin and the crypto market. @VIKAS JANGRA Your support means a lot! Like, comment, and use the 'Tip' feature if you find this post helpful.
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๐บ๐ธ President Trump nominates pro #Bitcoin ๐ฐ Stephen Miran to lead his Council of Economic Advisers. ๐ We are going parabolic after trump taking charge ๐ช๐๐๐ฐ
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