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#DOGS Full Analysis…
$DOGS is currently trading at $0.0010425, with a significant daily trading volume of $1.5 billion. Despite recent dips, DOGS remains one of the top meme coins, holding a market cap of $531 million. Here’s the key insight:
$DOGS touched a significant low but has shown a solid recovery, bouncing off key support areas, suggesting a potential upward trend.
A recent breakout from its downtrend shows a change in momentum, possibly gearing up for a rally.
However, it’s still showing some volatility, with price movements between $0.0009979 and $0.001149 in the last 24 hours.
Outlook:
Short-term: If $DOGS can hold above the $0.0010500 level, we could see a move toward $0.0013000. However, dipping below could result in further declines.
Long-term: With strong trading volume and a stable position in the market, DOGS has room to grow. If it can maintain support above critical levels, a 45% rise is plausible, driven by growing market interest and investor activity.
This analysis suggests that DOGS could soon be in for an exciting move. Keep a close watch

-Analysts Anticipate Altcoin Outperformance and Bullish Q4 -
Bitfinex’s analysts anticipate a potential shift in cryptocurrency market dynamics. With bitcoin’s dominance decreasing and altcoins showing resilience, they suggested that altcoins could outperform bitcoin in the coming months, especially if macroeconomic conditions improve. They discussed altcoin market capitalization growth, bitcoin’s declining dominance, and speculative exhaustion in altcoins as key indicators of this trend.
Analysts Expect Altcoin Outperformance in Late 2024
The Bitfinex Alpha report, released on Monday, offers some predictions about the potential performance of the cryptocurrency market, particularly regarding altcoins. As bitcoin’s dominance declines and altcoins show resilience, the report suggests a potential shift in market dynamics.
“As the sell-off took hold last week, bitcoin dominance, which measures the market capitalization of BTC against the rest of the crypto market decreased by 1.3 percent. In comparison, the market cap of all other crypto assets (excluding the top 10) increased by 4.4 percent,”
Bitfinex’s analysts explained, asserting:
Dare we say it, but the shift hints at a potential regime change where investors are exploring value in altcoins, diverging from the typical pattern of flocking to bitcoin.
The analysts further detailed that altcoin open interest has declined by 55% from its all-time high, signaling reduced speculation and possible seller exhaustion. The ETH/BTC ratio remains below its 365-day Simple Moving Average, indicating broader underperformance of ETH since the Merge.
The report adds:
If bitcoin dominance has indeed reached a local top, we may see a period of altcoin outperformance in the coming months, potentially setting the stage for a bullish Q4 should macroeconomic pressures ease.
#Binance #Bitcoin #ETH #BNB #btc

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News flash! 📢 Bitcoin (BTC) seems to be following the same path as after the 2016 halving event. According to crypto traders, one indicator indicates that it could be near its local low and another indicates that it could reach $350,000 during "the peak" of this cycle. Currently, Bitcoin is trading below $61,081, which is the re-accumulation range at this point in the cycle. According to Timothy Peterson, founder and investment manager at Cane Island Alternative Advisors, the current price of Bitcoin could increase almost sixfold by early 2025. What do you think? Is this the time to invest in BTC? Comment below!#Bitcoin#Investments#Crypto💰

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$sol and $BNB are in profits now

We shall win very big

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My open positions,

ENA - Long
ETH - Long
REZ - Long

Please share your positions.

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Last year i started trading… i made 1000$ from 100$ in first week. Then lost it all. I was impatient. I was new and wanted profit fast. This is not how it works.
After one year i decided to try again but this time with discipline and patience.
I guess it has worked out. First 2 months and i have bulit bankroll over 10k$. Yes i started with 100$ again.
Sometimes i want to make something stupid again with a hope of huge fast profit but fortunatelly thia time my mind is choosing right and stick to the plan that is slow but effective.$BTC $ETH

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🔥Hold Your Crypto! Bank of America Says Don't Sell Just Yet🖖

Bank of America (BoA) is urging investors not to sell their crypto despite the upcoming Consumer Price Index (CPI) report. With inflation numbers for April 2024 set to be released soon, the bank's message is clear: HODL and keep an eye on the market.

What to Expect from the Upcoming CPI Report
The US Bureau of Labor Statistics is releasing the latest inflation data on May 15, and it's likely to shake things up. Analysts predict that headline inflation will increase by 0.4% and core inflation by 0.3%, keeping prices high above the Federal Reserve's 2% target.

What This Means for Crypto
Historically, summer has been a strong season for stocks, especially during presidential election years. BoA notes that the S&P 500 tends to rally between June and August, with average gains of 3.2%. In election years, this jumps to 7.3%, with the S&P 500 gaining 75% of the time. Bitcoin also shines in these years, boasting an average return of 23.68%.

Don't Sell!
BoA advises against selling right now, pointing out that the market has a tendency to heat up during summer, particularly in election years. This historical trend might mean a boost not just for stocks but for Bitcoin and other cryptocurrencies as well.

Crypto is not just for retail investors anymore. Major institutions like Susquehanna International (holding $1.2 billion in Bitcoin across ten ETFs) and Hightower (with $68 million in Bitcoin through six ETFs) are showing their faith in Bitcoin. This kind of institutional backing could mean that BTC & other cryptos are seen as a hedge against inflation.

Bottom Line: Keep Calm and HODL
While the upcoming CPI report could bring market volatility, BoA advises caution and patience. Don't rush to sell your crypto; historical data suggests that the market could be set for a summer rally, especially with election year trends in the mix. .

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FACT: If you bought a new 📱 iPhone every year since 2011, you spent $8,337.

But if you took that same amount of money you spent then and bought💸Bitcoin instead, you would have 33.9146 #Bitcoin, which would be worth $2,117,257 today.

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Crypto Hacker Returns $14 Million to Victim in Unprecedented Move! 🤯

In a surprising turn of events, a hacker who stole $71 million worth of crypto assets returned $14 million to the victim last Friday! 💸

The hacker, who pulled off one of the biggest fraudulent link attacks in recent cryptocurrency history, sent 4676 ETH back to the victim in multiple transactions. 📊

The incident occurred when the victim attempted to send 1155 WBTC to a newly created address, but the hacker created a similar address with the same starting and ending letters, tricking the victim into sending the funds to the wrong account. 🤦‍♂️

This copy-paste style transaction resulted in a staggering $71 million loss, highlighting the importance of double-checking addresses before making transactions. 💡

While it's unclear if the hacker will return the remaining funds, this unexpected refund has left the crypto community in shock. Stay vigilant and always verify addresses to avoid falling prey to such scams! 🔒 #crypto #hackers #security "

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Donald Trump relies on crypto investors in his election campaign.

Former US President Donald Trump, who previously criticized the crypto industry and viewed Bitcoin as a fraud, seems to have changed his mind recently.

While the growth of the crypto industry has accelerated in recent years, names that had previously criticized the industry began to change their minds. The latest example of this is Donald Trump, and it is mentioned that the presidential candidate's election promises include the promise to support crypto assets. In addition, Trump will also accept donations to his election campaign in crypto assets.

Trump criticizes current administration over crypto regulations
Donald Trump also criticized the Biden administration's approach to the crypto industry. Promising to protect the rights of crypto investors, Trump criticized the current administration for its lack of understanding of the crypto industry and for being slow on regulations.

In his previous statements, Trump stated that he would not support cryptocurrencies, saying that he saw them as a threat to the US dollar. However, at this point, the former US President, who seems to accept the value of cryptocurrencies, is now promising to support crypto investors.

Among Donald Trump's initiatives for the sector, the NFT collection released in his name recently made a big impact. Trump's current action is his attempt to accept election campaign donations with crypto assets.
$BTC $ETH

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🐋 8 whales withdrew $3.56 million in profits from $TRB  after its price surged by over 100% in the last week!
These whales collectively withdrew 82,849 TRB from Coinbase at just ~$80.2 each from March to May, then deposited TRB at ~$123 (+53.6%) after holding for roughly 2 months.
Be cautious as even more whales may withdraw TRB from Coinbase to take profits

Binance Big Giveaway 🎁🔥
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#BTC
$BTC

Top-5 tomorrow events, 3 May:
claim rewards here
1. Synthetix Network (SNX) — Synthetix Snapshot Vote

2. Arbitrum (ARB), Bridged Arbitrum (Lightlink) (ARB.E) — STIP Bridge Vote

3. Tenset (10SET) — SolarX IDO

4. LUKSO [OLD] (LYXE), LUKSO (LYX) — Net Gala

5. IQ (IQ) — Bitkub Listing

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🤖🤖My realistic targets for 2024
$SOL 1000$
$INJ 300$
$TATSU 250$
$NEAR 35$
$TON $65
$FET 20$
$ARB 15$
$FTM 10$
$RNDR 45$
$AEVO 28$
$DOGE $1
$FLOKI 0.05$
$BONK 0.003$
$PEPE 0.07$
#BinanceLaunchpool #bitcoinhalving #NFP