LIVEMeinya Spotlight
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Top Coins to Watch in Altcoin Season. (Part 1: Memes)
The final days of 2024 are getting more interesting as the US presidential election takes place. The race between Harris and Trump is getting more and more intense as the G hour approaches. At the same time, the cryptocurrency market is becoming more exciting than ever as it is the center of debates between billionaire Donald Trump and his billionaire supporter - Elon Musk. The world's focus on the future of cryptocurrency is a sign of an upcoming altcoin season. Let's take a look at some of the prominent meme coins with Meinya Spotlight channel.
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🚀Every day that passes, dozens of coins increase in price one after another. Continuously buying and selling to capture opportunities will prevent you from accurately assessing risks. And greed will lead you to devastating losses in a bull market.
💎Patience is the most important piece in investing. No one will get rich after sleeping, investing is a long process that includes success and failure.
"If you can't hold, you won't be rich" - #CZ
🔔Follow Meinya Spotlight to get information on profits, relaxation and safety🔔
#Meinya #MeinyaSpotlight #BullRun🐂 #halving
$BNB $DYM $FIL
💎Patience is the most important piece in investing. No one will get rich after sleeping, investing is a long process that includes success and failure.
"If you can't hold, you won't be rich" - #CZ
🔔Follow Meinya Spotlight to get information on profits, relaxation and safety🔔
#Meinya #MeinyaSpotlight #BullRun🐂 #halving
$BNB $DYM $FIL
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The mining cost of $BTC has been steadily increasing each day despite market fluctuations.
On Sunday, November 1, 2015, the average mining cost per BTC was 177.28 USD.
After 9 years, on Thursday, October 31, 2024, the average mining cost per BTC is 77,682.6 USD. An increase of approximately 438.19 times.
Source of the chart below: MacroMicro
#Meinya #MeinyaSpotlight #CryptoPreUSElection #btcmining #NovCryptoOutlook
On Sunday, November 1, 2015, the average mining cost per BTC was 177.28 USD.
After 9 years, on Thursday, October 31, 2024, the average mining cost per BTC is 77,682.6 USD. An increase of approximately 438.19 times.
Source of the chart below: MacroMicro
#Meinya #MeinyaSpotlight #CryptoPreUSElection #btcmining #NovCryptoOutlook
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I see the market just recovered a bit. After fiddling around for a while, I was about to go to sleep when I opened it up and saw $BTC making a vertical column down. Haizz... closing my eyes to sleep, who knows I might be rich tomorrow. Hahaha 😄
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$ENA is showing strong momentum at the 0.35 USD area and building a decent support level. My Entry 1 (purple) and Entry 2 (green) areas are still performing quite well.
The support area has been established so currently, the Entry 1 (purple) zone is relatively safe for buying. The view of adjusting once more to the Entry 2 (green) zone from the previous post does not seem to happen as the ENA force is still strong (only dropping to 0.32-0.33 USD). It is advisable to monitor current market information due to the upcoming US elections and ongoing wars.
With this trend, I believe the price will soon surpass 0.5 USD in the near future, unless there are negative news that impact the market.
#MeinyaSpotlight #Meinya #Uptrend #dyor
The support area has been established so currently, the Entry 1 (purple) zone is relatively safe for buying. The view of adjusting once more to the Entry 2 (green) zone from the previous post does not seem to happen as the ENA force is still strong (only dropping to 0.32-0.33 USD). It is advisable to monitor current market information due to the upcoming US elections and ongoing wars.
With this trend, I believe the price will soon surpass 0.5 USD in the near future, unless there are negative news that impact the market.
#MeinyaSpotlight #Meinya #Uptrend #dyor
LIVEMeinya Spotlight
--
Bullish
Hello, I would like to update the previous price forecast of $ENA .
+Basically, the price has returned to the Entry 2 area that I gave earlier at 0.27 -0.3 USD (green area in the picture) and then bounced back strongly along with the general market movement. The peak of the recent increase was at 0.46 USD.
+Regarding the movement direction, the price has now been adjusted back to the Entry 1 area (purple area) along with the market sentiment when BTC moved near the 68,000-70,000 USD area.
+Regarding the new update, I will post a separate article about ENA later to share detailed views as well as some new information about this project.
-In general, ENA's trend is still increasing in the medium-long term, temporarily adjusting to the short-term buying zone. So everyone does not need to panic. I will update the latest information later. Currently, BTC is hovering, so if you want to buy ENA, you should wait for it to fully adjust to Entry 2, otherwise skip it. Those who have bought at Entry 1 and 2 can continue to hold and buy more when it reaches Entry 2.
#MeinyaSpotlight #buythedip #BTCUptober #dyor #Meinya
+Basically, the price has returned to the Entry 2 area that I gave earlier at 0.27 -0.3 USD (green area in the picture) and then bounced back strongly along with the general market movement. The peak of the recent increase was at 0.46 USD.
+Regarding the movement direction, the price has now been adjusted back to the Entry 1 area (purple area) along with the market sentiment when BTC moved near the 68,000-70,000 USD area.
+Regarding the new update, I will post a separate article about ENA later to share detailed views as well as some new information about this project.
-In general, ENA's trend is still increasing in the medium-long term, temporarily adjusting to the short-term buying zone. So everyone does not need to panic. I will update the latest information later. Currently, BTC is hovering, so if you want to buy ENA, you should wait for it to fully adjust to Entry 2, otherwise skip it. Those who have bought at Entry 1 and 2 can continue to hold and buy more when it reaches Entry 2.
#MeinyaSpotlight #buythedip #BTCUptober #dyor #Meinya
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Scroll: From the first Pre-Market star to a major disaster.
$SCR is currently "plummeting downhill without brakes" and becoming a comet of the Pre-Market. Before the wave of boycott from suspicions of fraud, SCR lost about 60% of its value from its peak price, in just 20 days. And the decline seems to show no signs of stopping, from a personal perspective, the bottom could drop to around 0.5 USD or even lower until there are signs of recovery.
#PreMarketSpot #ScrollOnBinance #dyor
$SCR is currently "plummeting downhill without brakes" and becoming a comet of the Pre-Market. Before the wave of boycott from suspicions of fraud, SCR lost about 60% of its value from its peak price, in just 20 days. And the decline seems to show no signs of stopping, from a personal perspective, the bottom could drop to around 0.5 USD or even lower until there are signs of recovery.
#PreMarketSpot #ScrollOnBinance #dyor
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Former CEO of Binance, speaker Changpeng Zhao (#CZ ) will give his speech around 6:55 PM (UTC +7) at #BinanceBlockchainWeek . 😍
You can follow along via Binance Live at the link:
CZ is going live soon.
You can follow along via Binance Live at the link:
CZ is going live soon.
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$KAIA is currently trading around 0.13 USD, with a market capitalization of about 800 million dollars. You might be wondering: "Should I FOMO in?".
Personally, I say NO. Fundamentally, the market is currently waiting for BTC to break the old ATH of 73,777 USD and for BTC.d to decrease. If these two conditions cannot be met, the altcoins may drop significantly, and new coins without support will free fall.
#Meinya #MeinyaSpotlight #newlistings #Dyor2024
Personally, I say NO. Fundamentally, the market is currently waiting for BTC to break the old ATH of 73,777 USD and for BTC.d to decrease. If these two conditions cannot be met, the altcoins may drop significantly, and new coins without support will free fall.
#Meinya #MeinyaSpotlight #newlistings #Dyor2024
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Tether Drama Could Send Major Shockwaves Through Entire Crypto Market. Is It Just a Doubt?
USDT is one of the leading stablecoins in the cryptocurrency market, pegged to the value of fiat currencies such as the USD. Recently, on October 25, according to the Wall Street Journal citing anonymous sources, the US government is investigating Tether. Because of suspicion that the leading cryptocurrency company Tether (USDT) is likely to violate sanctions and anti-money laundering regulations. There are also rumors about funding illegal activities such as drug trafficking, terrorism, hackers, money laundering....
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Although the selling pressure of most altcoins has decreased, the buying pressure is still not there. There are no clear signs of reversal from most altcoins.
The FUD of "lack" of anti-money laundering measures from Tether has not been resolved yet. $ETH is stuck below $3000, so it is difficult for altcoins to have a path to lead the wave. $BTC alone rushed to $71,000. Sigh... have to wait again.
The FUD of "lack" of anti-money laundering measures from Tether has not been resolved yet. $ETH is stuck below $3000, so it is difficult for altcoins to have a path to lead the wave. $BTC alone rushed to $71,000. Sigh... have to wait again.
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Ethena Labs officially denies all recent rumors. $ENA will soon return to the race.
#Ethena #MeinyaSpotlight #Meinya
#Ethena #MeinyaSpotlight #Meinya
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Ethena Labs
--
We are aware of questions circulating in Discord and X as to whether investors or the Ethena team are earning Ethereal rewards via sENA using locked tokens.
We would like to categorically confirm to our community that absolutely no locked team or investor tokens are staked as sENA earning any rewards, including Ethereal.
This was confirmed in Discord publicly last week per the screenshot below.
Any ENA that was sent out of the wallets in question are unlocked following the exact vesting schedule outlined in the original token distribution blog post.
The wallets in question contain unlocked foundation tokens that would fit under the eligible criteria. Nevertheless, the foundation has confirmed to us that these tokens will *NOT* be recipients of any airdrop or related rewards from Ethereal.
A section will be added to the UI this week to clarify the total sENA eligible for future airdrops, which also excludes the undistributed sENA sitting in Liquifi contracts, to make this more clear to users.
We would like to categorically confirm to our community that absolutely no locked team or investor tokens are staked as sENA earning any rewards, including Ethereal.
This was confirmed in Discord publicly last week per the screenshot below.
Any ENA that was sent out of the wallets in question are unlocked following the exact vesting schedule outlined in the original token distribution blog post.
The wallets in question contain unlocked foundation tokens that would fit under the eligible criteria. Nevertheless, the foundation has confirmed to us that these tokens will *NOT* be recipients of any airdrop or related rewards from Ethereal.
A section will be added to the UI this week to clarify the total sENA eligible for future airdrops, which also excludes the undistributed sENA sitting in Liquifi contracts, to make this more clear to users.
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I think monitoring the movement of $ORDI is necessary. A breakthrough of $BTC will lead the wave for memes, and then altcoins will follow.
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Sometimes we focus too much on the events affecting the market at the present moment and forget this... A very strong upward trend of BTC in the long term.
#Uptrend #BTCETFDemandSurge #BullRunAhead #Meinya #MeinyaSpotlight
#Uptrend #BTCETFDemandSurge #BullRunAhead #Meinya #MeinyaSpotlight
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Why should I choose Spot over highly leveraged futures trading?
Every day I see dozens of loss reports with futures contracts from individual investors.
Every month, I see several Binance Square KOLs/Creators who specialize in giving high leverage Long/Short signals announce that they are ceasing operations.
Every now and then, I see news of big whales/project owners announcing to cut losses on Futures orders worth millions, even tens of millions of dollars.
Their knowledge, experience and courage are certainly there, even much more than me and you, I would like to emphasize that it is a lot. But the only thing they lack is patience. I wrote this article simply to share with new traders, individual investors,... a safer direction in managing their capital.
Every month, I see several Binance Square KOLs/Creators who specialize in giving high leverage Long/Short signals announce that they are ceasing operations.
Every now and then, I see news of big whales/project owners announcing to cut losses on Futures orders worth millions, even tens of millions of dollars.
Their knowledge, experience and courage are certainly there, even much more than me and you, I would like to emphasize that it is a lot. But the only thing they lack is patience. I wrote this article simply to share with new traders, individual investors,... a safer direction in managing their capital.
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The market crash on the morning of October 26, 2024 came unexpectedly for the following reasons:
-Direct impact from the worsening political situation in the Middle East
-BTC has just experienced a test of the 68,000-70,000 USDT area and has not been successful, leading to a short-term bearish trendline.
-Drama related to Tether with suspected violations related to sanctions and anti-money laundering regulations. (according to The Wall Street Journal). These are serious dramas for the largest stablecoin in the crypto world.
However, currently, Bitcoin price is showing signs of strong resistance to the above negative news and is maintaining a price above 67,000 USDT. This shows that the bulls are gradually regaining their "reins" and leading the price to continue testing the 70,000 USDT resistance zone once again. The Uptrend is expected to remain stable in the long term if there is no further negative news. The uptrend will remain stable until the US election results are out.
#Meinya #MeinyaSpotlight #Uptrend #MarketDownturn #dyor
-Direct impact from the worsening political situation in the Middle East
-BTC has just experienced a test of the 68,000-70,000 USDT area and has not been successful, leading to a short-term bearish trendline.
-Drama related to Tether with suspected violations related to sanctions and anti-money laundering regulations. (according to The Wall Street Journal). These are serious dramas for the largest stablecoin in the crypto world.
However, currently, Bitcoin price is showing signs of strong resistance to the above negative news and is maintaining a price above 67,000 USDT. This shows that the bulls are gradually regaining their "reins" and leading the price to continue testing the 70,000 USDT resistance zone once again. The Uptrend is expected to remain stable in the long term if there is no further negative news. The uptrend will remain stable until the US election results are out.
#Meinya #MeinyaSpotlight #Uptrend #MarketDownturn #dyor
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Israel begins retaliatory strikes against Iran.
According to Reuters, loud explosions were heard in Iran and near the Syrian capital early on the morning of October 26.
Praying for peace in the Middle East, praying for war to end...
According to Reuters, loud explosions were heard in Iran and near the Syrian capital early on the morning of October 26.
Praying for peace in the Middle East, praying for war to end...
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"Patience is the most important piece of the puzzle in investing. No one will get rich overnight, investing is a long process that includes success and failure." ~Meinya Spotlight~
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Historical data has never been wrong. Is Uptober just a joke or a market guide?
I would like to give the notable milestones from 2020 to present and the period from October to March of these years, so that everyone can better visualize the content of the article. Thank you.
1. Uptober is historic.
It can be seen that in the 12 years of Bitcoin's operation, October has always been the greenest month. With a total of 9 times of growth, 2 times of slight decline, and the remaining 1 is October this year, which has not yet shown any results. In the seasonal performance of Bitcoin in 2012, 2016 and 2020, this cryptocurrency increased by 9%, 59% and 171% respectively in the fourth quarter.
1. Uptober is historic.
It can be seen that in the 12 years of Bitcoin's operation, October has always been the greenest month. With a total of 9 times of growth, 2 times of slight decline, and the remaining 1 is October this year, which has not yet shown any results. In the seasonal performance of Bitcoin in 2012, 2016 and 2020, this cryptocurrency increased by 9%, 59% and 171% respectively in the fourth quarter.
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The ENA decline as it is now was accurately warned by me in my previous post. It is a general market correction as BTC approaches the $70,000 area.
Basically, the bull flag is still dominating on the daily chart of $ENA . Now it just needs a push from the market to move forward. Patience is the key to success.
#Meinya #MeinyaSpotlight #Ethereal #USDe #dyor
Basically, the bull flag is still dominating on the daily chart of $ENA . Now it just needs a push from the market to move forward. Patience is the key to success.
#Meinya #MeinyaSpotlight #Ethereal #USDe #dyor
LIVEMeinya Spotlight
--
Bullish
Hello, I would like to update the previous price forecast of $ENA .
+Basically, the price has returned to the Entry 2 area that I gave earlier at 0.27 -0.3 USD (green area in the picture) and then bounced back strongly along with the general market movement. The peak of the recent increase was at 0.46 USD.
+Regarding the movement direction, the price has now been adjusted back to the Entry 1 area (purple area) along with the market sentiment when BTC moved near the 68,000-70,000 USD area.
+Regarding the new update, I will post a separate article about ENA later to share detailed views as well as some new information about this project.
-In general, ENA's trend is still increasing in the medium-long term, temporarily adjusting to the short-term buying zone. So everyone does not need to panic. I will update the latest information later. Currently, BTC is hovering, so if you want to buy ENA, you should wait for it to fully adjust to Entry 2, otherwise skip it. Those who have bought at Entry 1 and 2 can continue to hold and buy more when it reaches Entry 2.
#MeinyaSpotlight #buythedip #BTCUptober #dyor #Meinya
+Basically, the price has returned to the Entry 2 area that I gave earlier at 0.27 -0.3 USD (green area in the picture) and then bounced back strongly along with the general market movement. The peak of the recent increase was at 0.46 USD.
+Regarding the movement direction, the price has now been adjusted back to the Entry 1 area (purple area) along with the market sentiment when BTC moved near the 68,000-70,000 USD area.
+Regarding the new update, I will post a separate article about ENA later to share detailed views as well as some new information about this project.
-In general, ENA's trend is still increasing in the medium-long term, temporarily adjusting to the short-term buying zone. So everyone does not need to panic. I will update the latest information later. Currently, BTC is hovering, so if you want to buy ENA, you should wait for it to fully adjust to Entry 2, otherwise skip it. Those who have bought at Entry 1 and 2 can continue to hold and buy more when it reaches Entry 2.
#MeinyaSpotlight #buythedip #BTCUptober #dyor #Meinya
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