What is a Cryptocurrency Burn? Today, the group is making waves with its plan to burn $4 million in coins to
đ„ Today, the $$DOGS team is making waves with plans to burn $4 million in tokens at 1pm (UTC)! But what exactly is a crypto burn and why is it such a big deal? Burning cryptocurrency is the process of permanently removing a certain amount of cryptocurrency from circulation. This is done by sending tokens to a special âburnâ address, a wallet that no one can access. Once the coins are sent there, they are gone forever, never to be retrieved! This burn address is public but does not have a private key, ensuring that the coins are locked away forever.
Arbitrum (ARB) price fell 2.07% to $0.5483, indicating a brief pause in its uptrend. The tokenâs technical indicators show a temporary loss of momentum, with the RSI (14) dropping to 44.50 and the MACD (12, 26) indicating a bearish crossover. Key support levels to watch are $0.50, $0.45, and $0.40. On the other hand, ConstitutionDAO (PEOPLE) is holding steady, up 0.16% to $0.07445. Its technical indicators point to consolidation, with the RSI (14) at 53.20 and the MACD (12, 26) neutral. This stability could pave the way for a potential breakout.
$PEPE Can PEPE Hit All-Time High$PEPE Can This Coin Go to the Moon
PEPE coin has once again captured the attention of the crypto world with its recent price action. But is it really going to the moon again? Letâs analyze the main factors driving this hype: 1. The power of community đȘ PEPE is one of the most popular meme coins, backed by a strong and passionate community. In the world of cryptocurrencies, a loyal fan base can drive prices sky high, as we have seen with Dogecoin and the Shiba Inu.
AAVE / USDT - update: Neutral Zone [HTF]âïž Price is still stuck below the downtrend and uptrend [HTF] (retest). Major Support to Hold: $137.50 - $138.00 The important levels are on my daily chart. It is safer to wait for a trend breakout before entering a buy order. #AAVE#TradingShot#AAVEUSDTâĄïžâĄïž #AaveProtocol #AlertđŽ
Here are some popular trading tips to help you navigate the market effectively: 1. Research (DYOR): Before making any trade, thoroughly research the asset you are interested in. Understand its fundamentals, use cases, and market trends. 2. Set clear goals: Set specific goals for each trade, such as entry and exit points, as well as clear risk/reward ratios.
đšđïžImportant Noticeđïžđš A prominent crypto industry player, Moonbix, has made an interesting announcement that is sure to create a buzz in the community. As part of its latest airdrop campaign, the platform will be giving away 150 million $DOGS tokens and 20 million $NOT tokens on October 16. Considering the growth rate of cryptocurrency airdrops, this airdrop seems to stand out for its simplicity and effectiveness. Participants can receive their benefits quickly and easily thanks to the concise and simple design of the airdrop.
đ„ Bitcoin Price Regains Its Attraction Bitcoin price formed a support base above the $60,000 area. BTC started to rise again above the $61,200 and $62,000 resistance levels. Buyers even pushed the price above the $63,000 resistance level. The price traded as high as $63,949 and is currently consolidating its gains. It seems that the price is showing signs of a new rally above $63,500. BTC is above the 23.6% Fib retracement level of the rally from the $62,324 swing low to $63,949 high.
NEURO NEIRO has achieved a 50% increase! Previous update: Yesterday we added positions in NEIRO at: 1. 0,00095-0,00097 2. 0,00109 Current update: NEIRO has skyrocketed over 50%! Recommendation: For those still considering joining: 1. Enter with appropriate stop loss. 2. Place stop loss below 0.00105 (previous support level). 3. Be patient; avoid anticipating reversals.