Can Dogecoin turn things around? Can DOGE break through $0.15 in October and become the dark horse of the crypto market?
The cryptocurrency market was hit with a sell-off on Wednesday as Bitcoin fell below $60,000. Most major altcoins followed suit, but Dogecoin remained resilient, gaining 0.4% intraday. Looking at the candlestick pattern, DOGE is still moving sideways, but whale accumulation and an impending breakout of the triangle pattern suggest that it could rally to $0.15.
So, will the Dogecoin price break through $0.15 by the end of October? During the Iran-Iraq war, the price of Dogecoin fell significantly, falling from US$0.132 to US$0.1, a drop of 19%, resulting in a market value of US$15.75 billion. Looking at the daily chart, this pullback is a bearish move within a symmetrical triangle pattern.
The latest interview with the new "meme traffic king" Murad: How to find the thousand-fold golden dog in the meme super cycle?
In this article, Murad shares how he entered the cryptocurrency space and gradually formed his Meme investment thesis. He discusses how to choose Meme, why he thinks Meme launched in 2023 will be better, and how he tests and verifies his investment strategy. Murad emphasizes the connection between NFT and Meme, and believes that Meme will have a huge upside in 2025, and puts forward the view that belief is more important than short-term trading.
TL;DR:
Murad's journey into crypto: He came into contact with crypto while studying in China, and believes that 2025 will be a year of great opportunities in the crypto field, especially Meme. Meme is, to some extent, a counterattack against VC.
What is the estimated price of FIL in 2024? [FIL Market Outlook]
【Star-studded: FIL Market Outlook】 1. Macroeconomic impact: As blockchain technology is increasingly used and accepted around the world, it is expected that by 2024, the market demand for FIL (Filecoin), as a leader in the field of distributed storage, will rise sharply. If the global economy continues to rise steadily, the price of FIL is expected to rise driven by supply and demand. 2. Technological innovation: The continuous technological innovation and ecological construction of the Fil project team will become the key factors supporting its value. If the filecoin network makes breakthrough progress in data storage security, efficiency, and decentralization, it may have a positive effect on the market price of FIL.
The recent rise of Meme coins is really fierce. The new coin $Moodeng has skyrocketed by tens of thousands of times, and the new "Dog King" $Neiro has once again pulled up the market by more than 50%! If you also want to dig deep into the cryptocurrency circle and maximize your investment returns, but you can't recognize the market, then no matter how good the opportunity is, it has nothing to do with you. Follow me on the homepage, and I will share spot codes, bull market layout strategies, and 100-fold potential coins for free every day! A well-known crypto KOL posted a post at the end of September saying that the group members made nearly $1 million in profits on the new currency $Moodeng. Based on the transaction screenshots, it can be estimated that this lucky person made 7 million RMB in 10 days, which is an astonishing profit...
What to expect from Bitcoin today ahead of US CPI release?
Explore what investors are expecting from Bitcoin ahead of the release of September U.S. inflation data, or CPI. Will BTC rise or crash?
Investors expect volatility to increase as the U.S. Consumer Price Index (CPI) will release its September data at 8:30 a.m. ET. The September U.S. inflation data will set the stage for the Federal Reserve’s upcoming interest rate decision and affect risk assets such as Bitcoin, Ethereum, and stock markets. Bitcoin (BTC) has plunged 5% over the past ten days, shocking cryptocurrency investors who had expected a bullish breakout in October. This price action proves that history doesn’t always repeat or rhyme. However, Bitcoin’s directionality could change with this macroeconomic event.
The Fed meeting minutes show divergent views on rate cuts, BTC tests $60,000 again! The US CPI will be announced tonight, can Bitcoin come back to life?
Bitcoin suddenly encountered selling pressure in the early hours of this morning (10th), and the price plunged from $62,400 to a low of $60,302. Although it has rebounded to $61,000 at the time of writing, it still fell by 2.09% in the past 24 hours, causing many investors to panic again.
Bitcoin has fallen sharply again, why this time? The U.S. Federal Open Market Committee (FOMC) released the minutes of its monetary policy meeting from the 17th to the 18th of last month last night (9th). The minutes showed that all Fed officials agreed to cut interest rates, but there were still differences on whether to cut by 1 basis point or 2 basis points.
TIA Price Analysis: TIA price sparks bearish momentum TIA price analysis shows a bearish trend below $5. TIA has resistance at $6 TIA/USD has support at $4.47 TIA price analysis on October 10 confirms that TIA is facing bearish pressure around the $4.8 level. However, buyers are aiming for a quick breakout of the immediate resistance channel. TIA Price Analysis 1-Day Chart: Bulls attempt to meet buying demand Analyzing Celestia’s daily price chart, TIA’s price has seen a bearish bounce after sellers pushed the price to $4.5. TIA’s price has been trending steadily downwards over the past 24 hours as buyers lost confidence in the purchase, and the price is currently targeting a stay below $5. The 24-hour trading volume surged to $6.1 million, increasing interest in today’s trading activity. TIA’s price is currently trading at $4.8, down more than 1.1% over the past 24 hours.
Bitcoin and Ethereum are about to go in the wrong direction! Will it rise or continue to fluctuate? US CPI inflation data is coming tonight! Can Bitcoin hold $60,000? The second wave of chip distribution is underway
After the Fed's meeting minutes, the probability of no rate cut in November has increased. The probability of a 25 basis point rate cut is still the mainstream. Economists believe that as long as the labor market remains stable, the Fed is unlikely to cut interest rates again. With strong employment, the only factor that can make the Fed continue to cut interest rates is milder CPI inflation data. Later today, we will get the US CPI inflation data for September, and the market expects the inflation rate to fall further, from the previous 2.5% to 2.3%, which will also bring volatility to the Bitcoin price.
Will the Fed continue to cut interest rates in November? Is Bitcoin's $60,000 price going to fail?
Oh my, I'm so angry, those old guys at the Federal Reserve are such bastards.
The market was clearly on the verge of moving, but these bastards said a few words last night and it pulled back slightly.
These old guys really deserve a beating just like those monkeys in Mount Emei.
The Federal Reserve now really wants to be a whore and pretend to be a saint at the same time.
It is obvious that the economy has already entered a recession, so we have to start a cycle of interest rate cuts, and we have already entered this cycle.
As a result, they are still pretending to be serious and telling everyone shamelessly: "Our current economic situation has eased, and we can lower interest rates or not in the future."
Uncovering the secrets of the US government’s $32 billion “fine”: The long road to compliance for cryptocurrencies
The mystery of the cryptocurrency giant’s “settlement money”: the truth behind the $32 billion As digital currencies surge, disputes between cryptocurrency companies and regulators have become more and more noticeable. Recently, a set of data disclosed by Coingecko is shocking: the total amount of settlements between cryptocurrency companies and US regulators has soared to a staggering $32 billion! What secrets are hidden behind this number? Today, let us unveil the mystery of this "settlement money" puzzle. If you also want to dig deep into the cryptocurrency circle and maximize your investment returns, but you can't recognize the market, then no matter how good the opportunity is, it has nothing to do with you. Follow me on the homepage, and I will share spot codes, bull market layout strategies, and 100-fold potential coins for free every day!
Once the bull market starts in 2024, these cryptocurrencies will have the potential to bring 100% excess growth!
The price of the pie has fallen back from a high of around 64,500 and is once again approaching the key psychological point of 60,000. After touching the high pressure of 2520, Ethereum fell back to the support area of 2350. Although it was close to 2470 twice yesterday, creating an atmosphere that it may enter a new downward trend, it is worth noting that despite yesterday's significant decline, the trading volume However, no simultaneous surge has been seen. This phenomenon may be regarded as a positive signal. Similar to the previous shrinking increase that was followed by short counterattacks, the current shrinking decline may indicate a potential opportunity for bulls to counterattack. Taken together, although market sentiment is cautious, there is no need to panic excessively.
The market continues to fluctuate, will the change depend on CPI? A mysterious fund is about to enter the currency market! With the election approaching, here are some Memecoins worth ambush
After Bitcoin ended its correction in September, it has now entered a period of high-level shock adjustment. There are many factors that affect the market, which may change every day, such as the situation in the Middle East, the trend of A-shares, or the views of senior Fed officials, but these will not change the general trend. A real breakthrough for Bitcoin requires an opportunity, such as a continued large-scale interest rate cut in November or Trump's victory in the US election. Without these catalysts, the market will still be dominated by adjustments. However, we are still confident about the market outlook for November and December. Hold on to your stocks, be patient and you will see the rewards.
币圈叙事乏力,MEME成为主流!在各种猫猫狗狗的真真假假和中本聪的炒作之后,随着11月大选的临近,政治叙事似乎正悄然升温。PEOPLE PEOPLE代币源于去中心化自治的理念,与ConstitutionDAO相关。该代币旨在通过众筹购买最后一份公开拍卖的美国宪法副本,体现“共同拥有”的人权和去中心化精神。PEOPLE带有左翼色彩和一定的Meme属性,吸引了众多支持者和资金。Binance已于5月上线PEOPLE的现货交易对。目前,PEOPLE的FDV为3.859亿美元,价格为0.07618美元。 MAGA (Trump)他是以前美国总统特朗普及其竞选口号“Make America Great Again”命名的代币。项目创建者曾赠送特朗普580,000个代币,目前已积累189万美元的捐款,成为特朗普主题Memecoin中市值最大的代币。自特朗普遭遇刺杀后,TRUMP的价格曾短暂暴涨。MAGA于2023年8月11日创建,并在2024年6月1日达到了17.66美元的历史高点。目前,FDV为2.287亿美元,价格为4.97美元,链上持有者地址达到37,960个,前10大持仓占比约30%。
MAGA MAGA Hat是以特朗普的红帽子为灵感的Memecoin,受“让美国再次伟大”口号影响,具有较强的传播性和Meme属性。该代币于2023年8月11日创建,目前FDV为7050万美元,价格为0.0001706美元,链上持有者地址达到21776个,前10大持仓占比约36%,主要筹码集中在Gate交易所。
Crypto market volatility intensifies! How to seize the opportunity of a new round of wealth distribution?
Yesterday, the crypto market fluctuated slightly during the day. The main market changes occurred after the opening of the U.S. stock market. Bitcoin once rose to around 63,200, but then fell back to around 61,800. Ethereum performed similarly. After the opening of the U.S. stock market, it rose to around 2,450, and then fell back to the 2,400 support level. This morning, with the unfavorable opening trend of A-shares, the market opened low and went low, and many profit-taking orders were sold. This adjustment is normal after the market has risen sharply. After all, A-shares rose from 2,700 points to 3,700 points, and falling back to 3,200 points is a good entry opportunity for investors.
MEME kicks off a bull run in the cryptocurrency world. What will be the next coin that can increase 10,000 times?
The current situation is this: when fund managers of institutional investors realize that Memecoin can become an asset class and can be reasonably allocated to their investment portfolios without making mistakes (when they can explain it to their bosses and LPs), the market value structure of the entire Memecoin will undergo a subtle change; 1) The current total market value of Memecoin is about 48 billion US dollars, and the top 8 Memecoins account for about 50% of the total market value;
2) If we know that Dogecoin will return to its previous high, and if we know that PEPE will challenge Dogecoin based on its previous high, then the weighted number of half of Memecoin MC will increase by at least 10 times;
China suddenly reported a major market news! USDT/RMB flashed a "negative premium". Are investors turning from Bitcoin to A-shares?
On Wednesday (October 9), Bitcoin continued to fluctuate weakly at $62,300. The Chinese market flashed the phenomenon of "negative premium" of USDT stablecoin, with USD/RMB at 7.06, but the Chinese over-the-counter transaction on the Binance platform showed that USDT/RMB was quoted at 6.92. The negative premium indicated that investors were turning from Bitcoin and the broad cryptocurrency market to A-shares.
According to Google, the USD/RMB exchange rate is temporarily reported at 7.06.
Binance's USDT China OTC price is quoted at approximately 6.92, with a negative premium rate of 1.878%, and even once reached over 2.5%.
USDT premium refers to the market price of USDT being higher or lower than the market price of its real dollar. Usually a "negative premium" means greater selling pressure in the market.
Sui skyrocketed! Is Solana's killer narrative working? Sui's ecological potential Meme coin at a glance:
Which projects/currencies should we pay attention to in SUI?
background
Since September, the market has almost only two main focuses:
The first is the continuous iteration and update of the meme track: Lowercase Neiro continues to rise after listing on Binance; Little Hippo MOODENG continues to surge on Solana and Ethereum. Meme coins continue to create wealth effects.
The second focus is SUI: As a Layer 1 that appeared at the end of the previous cycle, its token distribution method is different from the above-mentioned meme that focuses on fair issuance of assets. It is the most criticized typical VC Token in this cycle.
However, SUI has been performing strongly in recent times, rising from $0.76 at the beginning of September to a high of $2.16, approaching its all-time high of $2.18, a surge of about 185% in a month and a half.
Bitcoin is experiencing a volatility storm, and a bull market rebound is imminent! Be wary of these four key support levels, as future trends hold thousands of opportunities!
This week’s focus:
Economic data releases:
On October 10, the minutes of the Federal Reserve meeting were released. US inflation data for September was released.
Financial giants' financial reports:
On October 11, BlackRock, JPMorgan Chase and other institutions released their third-quarter financial reports. Middle East Situation: Pay attention to the development of the situation in the Middle East, which may have an impact on the crypto market. FTX compensation plan: On October 7, the Delaware Bankruptcy Court approved FTX’s bankruptcy reorganization plan.
98% of creditors will receive at least 118% compensation (settled in cash), and the FTT value is deemed to be zero.
Market Sentiment:
Although the crypto market is in a bull market, the market conditions are flat, and some investors have turned to the A-share market.