I want to share my analysis right away on Bitcoin #BTC dominance and the potential onset of altcoin season this summer.
🔤Bitcoin dominance in the market continues to decline after breaking out of the ascending wedge, indicating a possible approaching altcoin #AltcoinInvesting season. Current market conditions suggest that altcoins may begin to rise if Bitcoin remains at roughly the same level or above $70,000.
🔤This situation creates favorable conditions for portfolio diversification with an increased share in altcoins. However, it is important to consider market volatility and monitor key support and resistance levels. If Bitcoin fails to stay above $70,000, altcoins may face a correction.
🔤Therefore, it is recommended to closely monitor Bitcoin's price movements and be prepared for potential changes in market dynamics to timely adapt your trading strategy.
How I was scammed $106 twice... I joined this very platform through Instagram after seeing their page and testimonies, I click on a link on Instagram and I was directed to their page on Telegram... The guy convinced me that within few minutes I will make profits. After the first payment I was told to make another payment that the first premium is over... I'm attaching a screenshot of the page to this post. I don't want anyone to fall victim of this scam because I'm really sad 😔. After this incident #scammers. #BTC #ETH #TRON200M #BinanceFreeCrypto
$AEVO Is a cheat coin... So my $576 on spot wallet gradually reduces to $185. I'm patiently waiting for this coin to raise back to $1 😔 😔 😔 😔. This coin is ruining me 😢 😢 😭
$AEVO Clown 🤡... I thought it will rise up to $1 but here you come again 0.4. It's a Ponzi scheme it will only pretend to raise for few minutes then boom back to the lowest possible point. I lost all my money on this coin AEVO its really sad I still can't recover half of my money.
$AEVO It's very easy for this coin to fall by %90 within 3weeks, is it possible for it to raise by 90% within 3weeks?... If the answer is no then this coin is a scam 😔 😔 😔 😔. All my savings is down 😔
$AEVO I need advice on this coin AEVO, I purchased $460 at 0.986 now am having $269 at 0.561... What's going on with this project?... Should I consider it as a lose coin
$BTC The Bitcoin network on Friday evening completed its fourth "halving," reducing the rewards earned by miners to 3.125 bitcoins from 6.25.
The price of bitcoin has been volatile ahead of the event, and fell about 4% this week to trade around $64,100, according to Coin Metrics.
Mechanically, the halving itself shouldn't affect the price of bitcoin in the short term, but many investors are expecting big gains in the months ahead, based on the cryptocurrency's performance after previous halvings. After the 2012, 2016 and 2020 halvings, the bitcoin price ran up about 93x, 30x and 8x, respectively, from its halving day price to its cycle top. Bitcoin halvings and cycle highs The table shows the price of bitcoin at its three halvings, along with the maximum price for each cycle. Table with 5 columns and 3 rows. Halving date Price at halving Cycle max price Max return Cycle 1 (2012 Nov 28 $12.50) ($1,163 2013 Nov 29) 93x Cycle 2 (2016 Jul 9 $638.51 ) ($19,333 2017 Dec 15) 30x Cycle 3 (2020 May 11 $8,475.00) ( $68,982.20 2021 Nov 10)
A significant announcement has come from the Pi Network team: the Pi Mainnet is scheduled to launch later this year. With the Open Mainnet launch, exchanges may decide to list Pi. As known, Pi tokens are used to buy and sell goods and services within their ecosystem.
This marks a crucial milestone in the Pi Network journey, which has been under the spotlight since its inception. With this step, Pi is inching closer to its vision of becoming a widely adopted digital currency used for everyday transactions.
Pi users and blockchain industry players are eagerly anticipating the arrival of the Pi Mainnet. It's not just about the technical launch but also about building a solid foundation for a sustainable ecosystem.
We will continue to monitor these developments and provide further updates as the launch date approaches. Stay connected with the Pi community to get the latest information on this exciting project.
The top 7 meme coins highlighted in this article—ORDI, PEPE, FLOKI, BONK, MEME, Shiba Inu (SHIB), and Dogecoin (DOGE)—stand out as the ones to watch in 2024. Each, with its unique proposition and market performance, promises potential for significant gains. The meme coin sector, driven by a bullish rally and a market cap surpassing $46 billion, sets a vibrant stage for these contenders.
While the prospect of hitting the $1 mark by 2024 paints an optimistic future, investors should proceed with caution. Market sentiments, while currently favorable, are subject to rapid changes. This analysis serves as a comprehensive guide to navigating the meme coin market but does not guarantee future returns. Investors are advised to conduct their due diligence, considering the inherent volatility and risks associated with cryptocurrency investments.#PEPE #DOGE #ORDIUSDT #SHIB #BONK❓