$BTC DUMP as Market Shows Negative Trend.. $BTC/USDT chart reflects a 1.11% decline, with Bitcoin currently trading at $$ 61.796. The market is showing signs of bearish momentum, with the price falling to a 24-hour low of $$ 61.773.22, while the 24-hour high reached $$ 63.200. Despite the strong trading volume, with 18,578 BTC and 1.16B USDT traded, the recent sharp decline signals caution for traders.
If the price drops further below the $$ 61.773 support, a deeper correction could occur. However, any signs of stabilization around this support could provide an opportunity for a potential recovery. Watch key levels closely to make informed trading decisions.
Ethereum is a decentralized blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). Its native cryptocurrency is called Ether ($ETH ETH), which is used to pay for transactions and interactions within the network.
The main difference between Ethereum and Bitcoin is its ability to program smart contracts, which are self-executing codes that run automatically when certain conditions are met. This enables the creation of a variety of applications, such as decentralized finance (DeFi), non-fungible tokens (NFTs), and more.
In addition, Ethereum recently underwent a significant update, called Ethereum 2.0, which brought improvements in scalability, security, and sustainability, changing the consensus mechanism to Proof of Stake (PoS), reducing energy consumption.
This flexibility and widespread developer adoption make Ethereum one of the most influential cryptocurrencies in the blockchain ecosystem.
🚨🚨I don't trust these cryptocurrencies because most of them are with their creator and he can liquidate this part at any time, thus causing the asset to plummet 🚨🚨
DOGS, a dog-themed meme coin built on The Open Network (TON) blockchain, has gained significant attention due to its unique distribution strategy and listing on Binance Launchpool. Inspired by Spotty, a character created by Telegram founder Pavel Durov, DOGS has a total supply of 550 billion tokens, with over 516 billion already in circulation. The coin’s distribution was primarily based on user activity on Telegram, with 81.5% allocated to the community with no vesting or lock-up periods. The remaining tokens are reserved for the DOGS team, future project development, and liquidity on centralized and decentralized exchanges. Eligible users received an average of 9,500 DOGS tokens during the airdrop, which concluded on August 14, 2024. Users can still claim their DOGS airdrop via the official DOGS bot on Telegram. DOGS has achieved notable market presence, ranking among the top 100 cryptocurrencies by market cap. However, its value and long-term sustainability remain uncertain, typical of meme coins. The Binance Launchpool listing on August 21, 2024, further boosted DOGS’s exposure and liquidity. Investors should exercise caution as meme coins can be unpredictable. In conclusion, DOGS is a unique meme coin deeply connected to Telegram, combining charity, crypto, and meme culture. While it has gained attention, investors should be aware of the risks involved.
Delisting ALERT ALL 🚨 ‼️ 🚨 ALERT ALL Upcoming Binance Delisting Report: What Users Need to Know Click here to VOTE on my profile On August 26, 2024, Binance will delist the following cryptocurrencies from its platform: ForTube (FOR), Ellipsis ($EPX), Voyager Token (VGX), PowerPool ($CVP), and Reef ($REEF). This decision is part of Binance’s routine review to ensure that all listed assets continue to meet its high standards of performance and compliance. Users holding these assets are advised to take the necessary actions prior to the delisting date. Coins to be delisted - ForTube (FOR): Currently priced at 0.00905 USDT, FOR has seen a significant decline, with a 24-hour change of -39.51%. ForTube is a decentralized finance (DeFi) platform that offers lending and lending services. However, due to market performance and other factors, Binance has decided to delist it. - Ellipsis (EPX): With a current price of 0.0000739 USDT and a 24-hour decline of -34.60%, EPX is another DeFi-related token focused on stablecoin trading and liquidity provision. Declining performance and reduced user interest contributed to its delisting.
CAUTION 🚨🚨🚨🚨CRITICAL WARNING TO ALL INVESTORS 🚨 ⚠️ IT’S TIME TO FACE THE FACTS AND MAKE TOUGH DECISIONS One of the biggest challenges in investing and trading is dealing with losses. On Binance Square, I often see advice telling people to “Hold on tight! This cryptocurrency will bounce back soon!” — especially regarding well-known tokens like $BTC , $ETH , and $DOGS . While these messages may seem comforting, it’s vital to hear this: don’t blindly follow those who urge indefinite patience. Their perception is no better than yours. Many of these individuals are simply hoping to convince themselves that their investments are not lost, having gotten in during the excitement of the hype cycles and are now struggling with the consequences. The notion that “I’m not lost until I sell” can be misleading and dangerous. If you see that one of your investments is going downhill with little chance of recovery, it is not wise to hold on to it just because it is in the red. The cryptocurrency market is full of new opportunities, and holding on to a losing asset could cause you to miss out on better prospects. Think about it this way: if you were given a property that was returning 10%, but were given another property that had a potential gain of 30%, would you keep the underperforming one? Refusing to let go of a poor investment out of pride or fear is not only counterproductive, but also a missed opportunity for greater profits. Accept the setback, learn from it, and refocus on new opportunities. This post reflects my personal opinions. If you found this advice valuable, I would appreciate it if you would like, comment, and share. Your support is essential to help me continue providing insights into the world of cryptocurrencies. Tips are also welcome and greatly appreciated, as they help me sustain this work. Thank you in advance to everyone who contributes!
A sudden drop in the cryptocurrency market often points to a phenomenon known as a “whale trap.” This tactic is employed by influential investors, or “whales,” who hold enough capital to influence market dynamics in their favor. Here’s how they typically execute this strategy: 1. Mass selloff: A whale triggers a significant selloff, which causes widespread alarm among smaller investors. Seeing the price drop dramatically, retail traders begin to unload their assets, fearing further losses. 2. Cascade effect: As more investors rush to sell, downward pressure intensifies, leading to a sharp decline in prices. This panic-induced selling creates a snowball effect, driving the market even lower. 3. Reaccumulation: Once the market has bottomed out and prices are low enough, the whale returns, buying assets at a discount. This move restores momentum to the market and allows them to increase their holdings. This tactic is designed to capitalize on emotional reactions, shaking off less experienced traders while allowing the whale to acquire more assets at bargain prices. It is a familiar pattern in unregulated and highly volatile markets, particularly in the cryptocurrency space, where such manipulation often goes unchecked.
$DOGS - 40 BILLION TOKENS DISTRIBUTED IN JUST 48 HOURS - WHAT'S NEXT???? Price jumped 8% to $0.001088 - The token's market cap rose to $563 million, and trading volume increased by 23%
The $TON meme coin, $DOGS, has been ranked as one of the worst performing cryptocurrencies and has dropped to the 100th position at the time of writing this post. This is due to the following reasons; (Not financial advice, do your own research!!!) • The arrest of Telegram CEO may have had a major impact on the $TON Blockchain, causing panic in the minds of investors regarding TON blockchain projects. • The network outage was mainly caused by the surge in blockchain activities triggered by the DOGS airdrop announcements. This affected other important TON services. • Some users were unable to claim airdropped coins due to the outages and hence the interest in the token decreased drastically. The $DOGS capitalization has dropped from $$ 2.5 billion after growing from $$ 900 million prior to its launch. Other reasons could be due to macro factors such as Fear & Greed Index, Bitcoin Dominance… etc. So you think $DOGS fun is over?
BTC Huge Bullish Trap Again... Bitcoin($BTC)Bullish Trap.. Investors may be setting a trap for buyers. The price of B$BTC is currently US$ 58.200 and may rise a bit, but the EMA indicator suggests a warning sign. The medium-term EMA line is still crossing the short-term EMA line, indicating a potential bullish trap. This means the price may drop soon. Don't get caught off guard, be prepared for a potential price drop. The current trend may be misleading, so be cautious with your investments. A price drop is likely, so stay alert.
$DOGS Pump-and-Dump Alert With centralized exchanges (CEXs) holding significant amounts of $DOGS and no lockup periods in place, the risk of a pump-and-dump scheme is high. Investors beware! The concentration of DOGS on CEXs raises red flags, suggesting the possibility of market manipulation. Proceed with caution and make informed decisions before investing. Transparency is key — demand clarity from $DOGS about their tokenomics and sale plans to protect your investments from potential pitfalls. Don’t get caught up in the hype without knowing the risks. Stay vigilant! --- But that’s not all, here’s some exciting news for you, too, fam! 🎮 **Get ready to revolutionize your earnings with dappOS!** 🤑💻 Imagine earning yield while keeping your crypto fully available for DeFi action — **dappOS** makes it possible! This innovative platform allows you to earn passive income without locking up your assets, changing the game of how you interact with blockchain. **Why dappOS is a game changer:** - **Lockless**: Keep your crypto at your disposal while you earn. - **Maximum Power**: Play and earn with unprecedented flexibility. - **Backed by giants**: Backed by Binance Labs, Sequoia, and top-tier partners. With dappOS, you’re not just using a new tool; you’re part of a Web3 revolution that promises to redefine the boundaries of blockchain technology. Don’t miss out on this chance to be at the forefront of innovation! Who’s excited about the future of Web3? Leave a comment below and let us know if you’re ready to jump into the revolution
$SUN and $DOGS coins have recently attracted significant attention on Binance, reflecting increased trading activity. For SUN/USDT, the current trading price is around $$ 0.03255. Traders are closely monitoring the resistance level at $$ 0.03317, which could signal a potential breakout. If the price breaks above this resistance, entering a long position could be advantageous, with targets set at $$ 0.03470 and $$ 0.03511. Conversely, if the price breaks down, strong support is located at $$ 0.03117. A break below this support could open the door for a short position, targeting $$ 0.03117 and $$ 0.03050. In contrast, $DOGS/USDT, which was just launched on Binance, is trading near $$ 0.00127. The crucial resistance point to watch is $ 0.00129. Breaking above this level could lead to further gains, with target prices at $ 0.00142 and $ 0.00153. However, if the price breaks below $ 0.00117, traders may consider a short position with potential targets of $ 0.00112 and $ 0.00110. Both coins offer intriguing trading prospects depending on the market direction. Traders are advised to remain vigilant and consider these key levels when planning their trades to ensure informed decisions in the dynamic cryptocurrency market.
The financial movement of vitalic bultrin draws attention. I have always said that $ETH is not a trustworthy cryptocurrency because 50% of the entire capitalization of this crypto is in the hands of its creator and it can go bankrupt at any time when he wants to sell. Stay tuned.
With the crypto market down, it is important to remain calm and not act impulsively. A good tip is to use this period to review your investment strategy, diversify your portfolio and consider buying assets at a discount, taking advantage of purchasing opportunities when prices are lower.
When Bitcoin is in a period of flatness, we often see the price oscillating within a relatively narrow price range for an extended period of time. This may reflect a lack of clear direction in the market, with traders waiting for confirming signals before making significant decisions. During these periods, it is important to maintain a long-term perspective and watch support and resistance levels to determine possible entry or exit points.
Correction in the price of BTC is a common occurrence in the cryptocurrency market, often reflecting natural adjustments after periods of intense growth. These corrections can provide opportunities for investors to enter the market or rebalance their portfolios, but it is important to be aware of the risks and volatility associated with Bitcoin and cryptocurrencies in general.
Bitcoin's all-time high is a reflection of the growing recognition and adoption of cryptocurrency as a store of value and an alternative form of investment. However, it is important to remember that the cryptocurrency market is highly volatile and can be affected by a variety of factors, including government regulations, geopolitical events, and changes in investor perceptions.