Experienced crypto technical analyst on Binance with a proven track record of successful market analysis and trading strategies. Proficient in chart analysis.
🚨 BREAKING: Bitcoin Miners Sell-Off Frenzy! 🚨 Over 30,000 $BTC , worth a staggering $2B, have been dumped by miners since June. This historic sell-off marks the fastest pace in over a year, as miners scramble to adapt to the post-halving landscape. The halving event, which reduced mining rewards, has squeezed profits, forcing miners to liquidate their holdings. As a result, miners' reserves have plummeted to their lowest levels in over 14 years. The sell-off has sent shockwaves through the crypto market, with Bitcoin's price taking a hit, dropping from $71,907 at the beginning of June to $63,378.89 by the end of the month. But it's not just #Bitcoin feeling the heat. #Altcoins have also experienced significant declines, with some dropping by over 20%. The market is in turmoil, and the future remains uncertain. Will this sell-off trigger a #domino effect, causing further price drops? Or is this the end of the miners' capitulation, paving the way for a potential market recovery? Only time will tell. 🕰️ #BitcoinMiningNews
Notcoin on Binance Launchpool - Price Prediction & Growth Potential!
Curious about the potential of Notcoin? Read this post and don’t miss your chance to invest in one of the biggest stories of this year!
#NOTCOINLAUNCHPOOL
I. What is Notcoin? What is Notcoin? How does it work? Notcoin ($NOT), a play-to-earn game and token integrated as a mini-app on Telegram, is trending on X amid major cryptocurrency exchanges preparing to list the token.People can access Notcoin by downloading and opening the Telegram messaging app. The clicker game lets you earn tokens by performing simple tasks and tapping on the coin icon. Each tap results in one Notcoin being added to your account. As you tap, your energy limit depletes. However, the energy limits will refill during times when you’re not tapping. Achievements: Rapid User Acquisition: The game experienced significant user growth, reaching 550,000 during its closed beta and referral phase. Within just 10 days of its official release, it skyrocketed to an impressive 6.3 million users, highlighting its rapid adoption rate.Massive User Base: Notcoin boasts a substantial user base of over 35 million players. Additionally, it's noteworthy that one in three Telegram Premium members actively engages with the game, indicating its widespread popularity within the TON ecosystem.
Launchpool & Token Information
Token Name: Notcoin (NOT)Launchpool Token Rewards: 3,081,576,651 NOT (3% of max token supply)Initial Circulating Supply: 102,719,221,714 NOT (100% of max token supply)Smart Contract Details: EQAvlWFDxGF2lXm67y4yzC17wYKD9A0guwPkMs1gOsM__NOTFarming Period: 2024-05-13 00:00 (UTC) to 2024-05-16 23:59 (UTC). (3 days)Supported Pools: Stake $BNB: 2,619,340,153 NOT in rewards (85%) Stake $FDUSD: 462,236,497 NOT in rewards (15%)
$NOT is a community token:
Explore: Users earn when discover web3 productsPlay: Users participate in new games and get more Contribute: Users earn by adding value to the ecosystemOffer: Web3 builders can offer their products to the community via Notcoin campaigns
Don’t fade on Notcoin, participate in the launchpool now 👇
Join NOTCOIN Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 Trade Now With a Permanent 10% Reduced Fee
III. Price Prediction & Our POV Price Prediction Total Supply: 102.7BOTC Price on Getgem: 0.0022$ ~ $230 Millions Market Cap
Considering all the information above, $NOT price could be around 0.002$ - 0.003$ at the listing ATH price and traded mostly around 0.004$ with market cap around $400M - $500M
Our POV Pros: Community Token: NOT is a community-driven token, which means it has a dedicated user base actively involved in its development and promotion. Limited Selling Pressure: The token rewards from Launchpool constitute only 3% of the total, leading to minimal selling pressure from Binance users. This could potentially stabilize the price. Demand for Staking: There's significant demand for purchasing NOT to stake and earn rewards. This demand could potentially drive up the value of the token.Large Holder Base: With over 35 million holders, NOT already has a considerable user base, indicating its popularity and potential for growth. Strong Community Engagement: Being one of the top 5 largest Telegram communities suggests a high level of community engagement and support, which is crucial for the success of any cryptocurrency project. Burn Mechanism: The burn mechanism can help reduce the token supply over time, potentially increasing its scarcity and value.
Cons: In-Game Token with No Max Supply: $NOT being an in-game token with no maximum supply could lead to concerns about inflationary pressures on the token's value over time. Without a cap on supply, there's a risk of dilution. Primarily Community-Driven: While community support can be a strength, relying too heavily on community sentiment and engagement could make the token more susceptible to volatility and manipulation.
Given these pros and cons, investing in NOT could be a high-risk, high-reward proposition. It's essential to carefully assess your risk tolerance and do thorough research before making any investment decisions. If you believe in the strength of the community, the potential for staking rewards, and the token's burn mechanism to mitigate supply concerns, NOT could be worth considering as part of a diversified investment portfolio. However, be mindful of the risks associated with its status as an in-game token and its lack of a maximum supply.
→ In our view, setting buy orders within the range of $0.0015 to $0.0002 (based on our price prediction) seems reasonable.
Don’t fade on Notcoin, participate in the launchpool now 👇 Join NOTCOIN Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 Trade Now With a Permanent 10% Reduced Fee
$CAKE Pancakeswap token's bullish trend could be attributed to several factors:
Market Sentiment: Positive sentiment among traders and investors regarding Pancakeswap's future prospects could be driving demand for the token.
Platform Developments: Updates, partnerships, or new features on the Pancakeswap platform may be enhancing its utility and attracting more users, thereby increasing demand for the token.
DeFi Sector Growth: The overall growth of the decentralized finance (DeFi) sector, of which Pancakeswap is a prominent player, could be contributing to the token's bullish momentum.Yield
Farming Incentives: If Pancakeswap offers attractive yield farming incentives or rewards for liquidity providers, this could incentivize users to hold and acquire the token, driving up its price.
Technical Analysis: Positive technical indicators, such as price breaking through resistance levels or bullish chart patterns, may be fueling investor confidence and attracting more buying interest.
Explanation: The combination of positive market sentiment, platform developments, growth in the DeFi sector, yield farming incentives, and favorable technical analysis could be driving the bullish trend observed in Pancakeswap token. Investors and traders should continue monitoring these factors to assess the sustainability of the trend.
A hacker attacked 2 wallets of @Jihoz_Axie and stole $10.46M assets, including:
3.2M $RONIN ($9.53M) 282.32 $WETH($834K) 160K $PIXEL($87K) 2.76M $SLP($10K) 2,042 $USDC 164 $AXS($1,272) All assets were exchanged for 3,249 $ETH($9.6M) and deposited into #Write2Earn
$AXS Isn't a pump and dump memecoin. AXS is the ownership of the Axie Revenue, the Axie IP and the means of Production of Axies.
We might have pumped, don't say I didn't warn you, but at the end of the day, AXS is going to do things never seen in crypto.$BTC #ETH $ETH #AXS2023 #AxieInfinity
If we close below this trend on weekly close this could be serious alt season incoming
This whole year we have seen alts rally on BTCs rally . This shows how alts can out perform BTC for the next few weeks!#BTC #BinanceWish #DOGE #NEAR #sol $BTC $SOL $ETH