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Crypto De Nostradame
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sidechain Merlin Chain (
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What is MANTRA (OM)? MANTRA (OM) coin is the token of the MANTRA network and is used in decentralized finance (DeFi) applications and blockchain-based governance systems. #OM allows users to participate in decision-making processes in the ecosystem by offering opportunities such as staking, lending, voting, and access to new Decentralized Autonomous Organization (DAO) tokens. It also increases community engagement by offering incentives such as rewards and airdrops to $OM coin holders. MANTRA (OM) is a comprehensive blockchain platform for the DeFi and Web3 ecosystems. Founded in 2020, MANTRA offers a variety of DeFi services to enable users to conduct financial transactions securely and transparently. It is designed to comply with real-world regulations as a security-focused Layer-1 blockchain network. The platform is backed by industry veterans such as fintech researcher John Patrick Mullin, blockchain entrepreneur Will Corkin, and Rodrigo Quan Miranda. One of the main areas that MANTRA focuses on is the tokenization of digital assets and the management of these assets in accordance with legal regulations. In addition, #MANTRA aims to create a more sustainable and transparent blockchain ecosystem by providing a strong infrastructure and compliance tools for Web3 projects and DeFi developers. OM coin, which forms the basis of the MANTRA ecosystem, is the platform's native cryptocurrency and performs a number of functions such as governance, staking, and rewards. MANTRA allows users to earn passive income by staking their OM coins, while also allowing them to take an active role in governance processes. This coin also offers opportunities such as coin distribution among DAOs and airdrops of new projects. These opportunities make MANTRA an attractive platform for both individual investors and institutional users.
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Analysts' Dogecoin (DOGE) target: It can rise to $4! Dogecoin ($DOGE ) price has sparked speculations about the $4 target with its recent rise. While whale activity and strong bull momentum support DOGE, can the popular memecoin reach $4 this cycle? As of November 19, Dogecoin is performing strongly and analysts say it could exceed $4 this cycle. Crypto analyst Zer0 stated that the $4 target for DOGE is not too far-fetched. #DOGE is currently trading at $0.3874 and has increased by 3.7 percent in the last 24 hours. Crypto analyst Zer0 predicts that Dogecoin could rise above $4. The analyst thinks that the DOGE price is low and the story behind it could push the price even higher. If Dogecoin reaches $4, its market value will reach $584 billion. Although the Elon Musk effect and the establishment of projects such as the Department of Government Efficiency (D.O.G.E) make it possible to reach this valuation, this goal seems very difficult in the short/medium term. Another analyst, Bluntz, predicts that DOGE will rise, but it will be a slow process. Based on Elon Musk's X post, Bluntz gave a target of $ 1 for Dogecoin, which excited his followers. The elements to watch out for for the popular memecoin will be Elon Musk and D.O.G.E. Musk's continued social media posts about Dogecoin could push the price even higher.
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Time is running out for Ethereum (ETH): Will it rise? Bitcoin, which has been hovering above $90,000 for a few days, continues to give confidence to the crypto market. However, ETH's weak course has begun to upset altcoin investors. Despite BTC's peaks being renewed every day, ETH has not even exceeded $3,500 yet. According to research conducted by crypto analysis platform Amberdata, there is a 10 percent probability that ETH will exceed $4,000 in the short term. While investors expect Bitcoin to exceed $100,000 and make new highs, they predict that $ETH will continue to lag behind. According to Amberdata, the probability that the price will rise above $4,000 before the December 27 options expire is evaluated as only 10 percent. According to the company, weak economic fundamentals underlie this bad outlook for ETH. Greg Magadini, Director of Derivatives at Amberdata, said, “ETH is facing an inflationary supply due to the intense trading in Layer-2s. This is suppressing the ETH price.” In addition, the data from spot ETFs does not give much hope for Ethereum. Although things are going well on the Bitcoin side, net inflows into Ethereum are currently insufficient for a volume increase. If this situation reverses, the price exceeds $3500, or BTC dominance decreases, $ETH can be expected to rise. The critical level will be $4000. Weekly closes above this level may pave the way for ATH.
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A rare signal for Bitcoin: A rally is imminent! On-chain analysis platform CryptoQuant has claimed that Bitcoin (BTC) has formed a rare bullish formation. Although the impact of the US elections is slowly fading, the BTC price is trading above $90,000. While #Trump is expected to take office on January 20, the crypto market is expected to remain positive during this process. A rare breakout has emerged in #BTC price chart measurements. CryptoQuant stated in its analysis published on November 18 that Bitcoin is blinking at a “strong rally.” According to the analysis, the BTC price is approaching the breakout line in the “Puel Multiple” indicator. It is estimated that the price will increase by nearly 90 percent if the breakout occurs. Analyzing the results of the Puel Multiple over the last five years, CryptoQuant discovered that the metric has crossed its 365-day moving average only three times. #BTC made a significant increase in all three of these breakouts. CryptoQuant analyst Burakkesmeci, who made statements on the subject, said; “Puell Multiple helps us understand market cycles from a mining perspective.” It was stated that $BTC increased by 76 percent in January 2024, when the Puell Multiple metric was last seen. In January 2020, when the metric showed an upward break, the BTC price increased by 113 percent. The third and last data was in March 2019. On the said date, the $BTC price increased by 83 percent after the golden intersection created by Puell Multiple. The analysis touched on the following; “All these data points and the macroeconomic framework indicate that a strong bull rally may be on the horizon”
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Bitcoin on the way to $100,000: Analysts' target is too crazy! #Bitcoin is approaching a historic milestone. The leading cryptocurrency, currently trading around $90,000, is gradually approaching the long-awaited $100,000. However, according to BCA Research analysts, this is just the beginning. According to analysts' estimates, Bitcoin could exceed $200,000. The prediction is based on technical analysis and Bitcoin's increasing importance in global finance. BCA Research draws attention to a metric called the "260-day fractal." This fractal tracks 260-day price movements. According to analysts, when the value in the relevant metric falls below 1.20, the market has reached the peak of the bull cycle. Currently, this value is still well above this threshold level. #BCA analysts state that the current rally is still in its early stages. #BCA Research's $200,000 forecast has given hope to crypto investors. This prediction emphasizes Bitcoin's growing influence in the global financial ecosystem. The flagship of cryptocurrencies is increasing its potential for growth day by day as it approaches the $100,000 milestone. In particular, net inflows from spot ETFs and Donald Trump's positive statements about Bitcoin may push the target even higher. However, it is necessary to pay attention to the $100,000 band in this process. This level may bring psychological selling pressure. A weekly close above $100,000 will further accelerate the BTC rally.
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