SCP (DeepSpace) is the native cryptocurrency of the DeepSpace network, a decentralized data storage and sharing platform. Here are some key points about SCP coin:$sc
1. _DeepSpace network_: DeepSpace is a decentralized data storage and sharing platform that utilizes blockchain technology.
2. _Tokenomics_: SCP tokens are used for:
- Paying for data storage and sharing services
- Participating in governance and voting
- Incentivizing network participants
3. _Supply_: The total supply of SCP tokens is capped at 100 million.
4. _Consensus algorithm_: DeepSpace uses a proof-of-capacity (PoC) consensus algorithm.
5. _Use cases_:
- Decentralized data storage and sharing
- Data encryption and security
- Content creation and sharing
6. _Availability_: SCP tokens are listed on various cryptocurrency exchanges, including Uniswap and PancakeSwap.
7. _Partnerships_: DeepSpace has partnerships with other blockchain projects and platforms, expanding its ecosystem and use cases.
SCP is a key component of the DeepSpace network, enabling decentralized data storage, sharing, and monetization.
Would you like to know more about DeepSpace, SCP, or decentralized data storage solutions? I'm here to help!
đ„BTC Futures Got That Steady Glow: No FUD, Just Pump Vibes Ahead đš
Bitcoin futures are cruising on an upward grind across all the big dogs - Binance, Bybit, Deribit, Huobi, and OKX - showing that everyoneâs on the same page: BTCâs futureâs looking lit.
Contracts are kicking off around $60K, climbing steadily into 2025.
The marketâs vibing with stability and that bullish energy post-halving.
MTL (Metal) is the native cryptocurrency of the Metal Pay platform, a financial services platform that rewards users for buying and selling cryptocurrency. Here are some key points about MTL coin:$MTL
1. _Metal Pay_: Metal Pay is a financial services platform that offers a cryptocurrency rewards program, payment processing, and other financial tools.
2. _Tokenomics_: MTL tokens are used for:
- Rewarding users for buying and selling cryptocurrency
- Paying transaction fees
- Participating in governance and voting
3. _Supply_: The total supply of MTL tokens is capped at 66.5 million.
4. _Consensus algorithm_: Metal uses a proof-of-stake (PoS) consensus algorithm.
5. _Use cases_:
- Cryptocurrency rewards program
- Payment processing
- Decentralized finance (DeFi) applications
6. _Availability_: MTL tokens are listed on various cryptocurrency exchanges, including Binance, Coinbase, and Kraken.
7. _Partnerships_: Metal has partnerships with other financial institutions and cryptocurrency platforms, expanding its ecosystem and use cases.
MTL is a key component of the Metal Pay ecosystem, enabling cryptocurrency rewards, payment processing, and decentralized finance applications.
Would you like to know more about Metal Pay, MTL, or cryptocurrency rewards programs? I'm here to help!
ARB (Arbitrum) is the native cryptocurrency of the Arbitrum network, a layer 2 scaling solution for Ethereum that enables fast and low-cost transactions. Here are some key points about ARB coin:$ARB
1. _Layer 2 scaling solution_: Arbitrum is a layer 2 scaling solution that enables faster and cheaper transactions on the Ethereum network.
2. _Tokenomics_: ARB tokens are used for:
- Paying transaction fees
- Participating in governance and voting
- Incentivizing validators
3. _Supply_: The total supply of ARB tokens is capped at 10 billion.
4. _Consensus algorithm_: Arbitrum uses a proof-of-stake (PoS) consensus algorithm.
5. _Use cases_:
- Fast and low-cost transactions on Ethereum
- Decentralized applications (dApps) scaling
- Decentralized finance (DeFi) applications
6. _Availability_: ARB tokens are listed on various cryptocurrency exchanges, including Coinbase, Binance, and Uniswap.
7. _Partnerships_: Arbitrum has partnerships with other blockchain projects and platforms, expanding its ecosystem and use cases.
Arbitrum aims to enhance the Ethereum network's scalability and usability, enabling faster and cheaper transactions for users and developers.
Would you like to know more about Arbitrum, ARB, or layer 2 scaling solutions? I'm here to help!
#RUNEUSDT is showing strong potential for a bullish continuation . #RUNE as it moves through a falling wedge patternâa setup that often signals an imminent breakout.The internal minor resistance at $5.050 .$RUNE
If #RUNEUSDT holds strong at this resistance, we could be on the cusp of a significant bullish rally, reminiscent of past explosive market moves. A successful breakout above the key resistance at $7.130could open the doors to higher resistance zones, potentially driving the price even further.
However, caution is crucial here. If momentum weakens at this critical demand zone, we might see a pullback to the lower demand area, ranging between $2.000- $2.260.
#TON #BNBChainMemecoins
đ Bitcoin Enthusiasts, Keep Your Eyes on the Prize! đ
Despite the buzz around Nvidia's stellar Q2 earnings, the broader crypto market, including Bitcoin, has taken a hit. Nvidia's revenue soared to $30 billion, but crypto markets, led by Bitcoin, saw a decline, with BTC falling back to $58,000.
But fear not, Bitcoin believers! While AI tokens like NEAR and FET have been riding high, the overall market dip is just a blip. With Nvidia's earnings now behind us, all eyes are on September and potential interest rate cuts in the U.S. for a possible BTC boost.
Stay optimistic, Bitcoiners! đđȘ #Bitcoin #Crypto #BTC
Top Altcoins to Buy Now Before They Explode
đ Dive into the latest crypto trends with these five altcoins poised for exponential growth:
1ïžâŁ Aptos (APT) Pioneering blockchain innovation with its layer-1 protocol and Move programming language. Aptos aims to enhance security and performance in decentralized applications. Currently priced at $6.77 with a market cap of $3.2B.
{spot}(APTUSDT)
2ïžâŁ JasmyCoin (JASMY): Revolutionizing data sovereignty by integrating IoT with blockchain, allowing secure data sharing globally. Priced at $0.02012, market cap $994.91M, JasmyCoin is gaining traction beyond Asia.
{spot}(JASMYUSDT)
3ïžâŁ WorldCoin (WLD): Co-founded by Sam Altman, WorldCoin aims to establish a global ID and financial network with iris scanning for identity verification. Priced at $1.51, market cap $586.9M, poised for significant growth.
{spot}(WLDUSDT)
4ïžâŁ Ethereum (ETH): Holding strong as a top cryptocurrency, Ethereum powers smart contracts and dApps, currently priced at $2,462.18 with a market cap of $296.2B. Experts foresee its potential to reach $5,000.
đ Keep an eye on these altcoins as crypto whales bet big on their future growth! Which one intrigues you the most? đđĄ
#Wld #JasmyCoin #APT #ETHETFsApproved
Exciting Announcement!
Following the success of $DOGS , Binance might be gearing up to introduce $BLUMon the Launch Pool in the upcoming months! Prepare yourself for this remarkable chance!
Have you discovered the hidden gem, the Gravity G Token from Galxe Quests?
Unveiling the Potential of Gravity Token (G)
Exclusive Benefits for G Holders
Owning the Gravity token (G) opens the door to a range of unique privileges and advantages:
đž Governance: As a G holder, you play an active role in guiding the future direction of the #Gravity and Galxe ecosystems through the G DAO. This decentralized governance model allows you to vote on significant decisions, including protocol enhancements, fee adjustments, and the introduction of new features.
đž Staking Rewards: By staking your G tokens, you can earn rewards in the form of additional G tokens or other assets. Staking not only strengthens the network but also contributes to the overall vitality of the ecosystem.
đž Special Access: G stakers may gain exclusive rewards and benefits within apps built on the Galxe platform, including early access to new features, reduced fees, or invitations to exclusive events.
đž Utility: Serving as the native gas token of the Gravity chain, G is crucial for covering transaction fees for all on-chain activities, giving holders a direct investment in the networkâs prosperity.
The Future of the Gravity Chain
The Gravity chain is on track to become a premier platform for cross-chain interactions within the Web3 domain. Key drivers of its potential success include:
đč Scalability: Gravityâs omnichain design and effective consensus mechanism enable it to manage high transaction volumes, scaling to accommodate the expanding demands of the Web3 environment.
đč Interoperability: Gravityâs seamless blockchain connectivity provides a significant edge. As more projects and protocols integrate with the platform, it could become a pivotal hub for cross-chain communication and collaboration.
#GravityAlphaMainnet #Gravity #TelegramCEO
đ#ETH rebound has been achievedâïž
đ§ From a structural point of view, we started the rebound after building a double bottom bullish structure near the buying zone. Currently, the goal of this structure has been achieved and it has reached the resistance zone, so we should lock in the main profits before looking forward to more , to prevent unforeseen circumstances from occurring and causing a sharp retracement of profits.
âĄïžSo we have locked in the main profit and look forward to more without risk. If the future development is relatively strong, we should be able to see good room for growth. Congratulations to the friends who followed Wolf King to print money and received generous returns.đ°đ»
đ€If you like my analysis, please like đand share itđŹ
đ Follow me so you don't miss out on any signals and analyze đŻ
#Wolf_king88 $ETH
{future}(ETHUSDT)
TON-Based Memecoin DOGS Becomes Top 100 Largest Gainer With 30% Jump
đ DOGS Memecoin Surges 34% Despite Market Volatility! đŸ
Amid a turbulent market, DOGSâlaunched on The Open Network (TON)âhas defied the odds, surging 34% in just 24 hours! This TON-based memecoin, featuring the dog mascot "Spotty," created by Telegram's founder Pavel Durov, recently caught fire with a massive airdrop and listings on major exchanges like Binance, OKX, and Bybit.
đ„ What Happened?
- The DOGS airdrop distributed 440 billion tokens out of the 550 billion total supply, primarily to the Telegram community.
- The network saw **20 million transactions in two days**, causing temporary disruptions.
- Despite market dips and TON network issues, DOGS rocketed to a market cap of **$843M**, now standing strong at $800M.
đ Why It Matters
While Bitcoin and most cryptos slipped, DOGS became the largest gainer among the top 100 tokens. It's a strong sign of the growing influence of memecoins, even in a volatile market.
Keep an eye on this one! đ #DOGSUSDT #ToncoinSurge #Crypto2024 #MemeCoinsSeason
đ Altcoin Alert! đ
Crypto trader Luke Martin is buzzing about altcoins, suggesting we're in a prime accumulation phase. He shared a buy signal that hasn't been this low since January 2021. Last time Bitcoin was at this level, it skyrocketed from $10k to $60k in six months! đ
Meanwhile, trader Mags sees a bullish pattern forming in the altcoin market cap, hinting at a potential breakout. Despite recent declines, cautious optimism remains.
Toncoin (TON) took a 15.31% hit after Telegram CEO's arrest, while Solana (SOL) and XRP also saw drops.
Stay tuned, crypto enthusiasts!
Recent movements in dormant Bitcoin wallets have raised concerns about potential further declines in the cryptocurrency market. On August 27th, a total of 83,016 bitcoins, aged between 1 month and 6 months, were transferred after a long period of inactivity. The following day saw the transfer of 22,544 bitcoins, including those aged between 1 week and 2 years. On August 29th, 40,568 bitcoins, some aged up to 7 years, were moved.
The movement of these long-dormant bitcoins often precedes selling activity, which can negatively impact Bitcoin prices. Continuous monitoring of these transfers is crucial for market participants to anticipate potential downturns. Despite these developments, the long-term outlook for Bitcoin remains optimistic, given its historical resilience and growing institutional interest.
Recent Bitcoin Movements Signal Potential Market Decline
The latest phase of Bitcoin's decline has been marked by significant movements of dormant bitcoins, raising concerns about further drops. On August 27th, 7,788 bitcoins aged 1-3 months and 75,228 bitcoins aged 3-6 months were transferred, signaling potential market instability.
On August 28th, 19,067 bitcoins aged 1 week to 1 month, 1,863 bitcoins aged 1-3 months, and 1,614 bitcoins aged 18 months to 2 years were moved. The trend continued on August 29th with the transfer of 23,345 bitcoins aged 1 week to 1 month, 1,220 bitcoins aged 6-12 months, and 16,003 bitcoins aged 5-7 years.
These movements often precede selling, contributing to market declines. However, the market's resilience and long-term potential remain strong.
**Crypto Market Update: Altcoins in Prime Accumulation Phase**
A well-known crypto trader, Luke Martin, suggests that altcoins might be in a prime accumulation phase, pointing out a rare buy signal not seen in over three years.
- Martin highlighted that the last time this signal appeared was in January 2021, leading to a significant price surge.
- Another trader, Mags, noted a bullish pattern in the altcoin market cap, predicting a potential breakout.
Currently, the altcoin market cap stands at $195.07 billion, still 47% down from its peak in November 2021.
- Toncoin (TON) saw a 15.31% drop following Telegram CEO Pavel Durovâs arrest.
- Solana (SOL) and XRP (XRP) have also experienced notable declines.
Investor sentiment remains cautious, with the Crypto Fear and Greed Index at a "Fear" score of 29. Bitcoin dominance is slightly down at 57.20%, with analysts predicting it could peak at 60%.
This article does not contain investment advice. Always conduct your own research before making financial decisions.
Bitcoinâs long-term holders have been on a major buying spree! Over the past month, these seasoned investors have added a remarkable 262,000 $BTC to their portfolios. đŒ Now, they command an impressive 14.82 million BTC, which makes up 75% of the total Bitcoin supply. Such a concentrated ownership showcases their unwavering confidence in Bitcoinâs long-term potential. đȘ
This significant accumulation by long-term holders could lead to shifts in market dynamics. With a substantial portion of Bitcoin now firmly held, the available supply is tightening, potentially setting the stage for a value increase. The confidence displayed by these holders might just be a key indicator of Bitcoin's future trajectory. đ
#CryptoMarketMoves #Write2Earn! #BinanceBlockchainWeek #BlackRockETHOptions #BNBChainMemecoins
What's Good Bitcoin? Bottom For Now?
Bitcoin shows vital signs of bottom buildingâat least on lower timeframes. Looking at the 1H chart, the price entered a sideways channel based on support at 58.9k.
Even on the 4-hour chart, the price is about to enter a consolidation based on the VMA indicator.
Accordingly, I expect a retest of the 61/62k level as the next step if the price enters a VMA uptrend. In case the VMA turns bearish again, a test of the previous low at 57.8k or even 56k becomes likely.
Although the market is rather weak, here's one positive aspect: If Bitcoin reverses here, it creates another higher low. If it continues to follow this structure, the next (mid-term) move should send the price to >66k (see the second attachment).
$BTC #bitcoinâïž
đš Breaking News: TON Network Resumes Operation đš
$TON $DOGS $NOT đ‎ïžđȘ
{spot}(NOTUSDT)
{spot}(DOGSUSDT)
{spot}(TONUSDT)
The TON network, a blockchain platform developed by Telegram, experienced a temporary block interruption earlier today at UTC+8. However, the issue has been resolved, and the network is now fully operational again đ€Ł.
This news brings relief to users and investors, ensuring uninterrupted access to the TON ecosystem đ. The technical team worked swiftly to address the issue, demonstrating the network's resilience and potential for long-term success đȘ.
The TON network's ability to quickly recover from interruptions showcases its robustness and capacity to handle challenges đ. This is crucial for building trust and confidence among users and investors, essential for the network's adoption and growth đ.
As the TON network continues to evolve, it's essential to stay informed about updates and developments đ±. Following the official Telegram Wallet channel ensures access to the latest news and announcements đ.
The TON network's future looks promising, with potential applications in various industries, including finance, gaming, and social media đ€. As the network continues to grow and mature, it's exciting to think about its potential impact and innovations đ.
In conclusion, the TON network's swift recovery from the block interruption demonstrates its strength and potential for long-term success đ. Stay tuned for further updates and developments on this exciting blockchain platform đ±!
đ Ethereum Whale Struggles with $ETH Sales Timing Amid Market Lows
In the fast-paced and complex crypto trading world, not every trading strategy yields the anticipated results. The well-known on-chain analytics firm Lookonchain revealed that a noteworthy Ethereum whale, popular for arbitrage proficiency, has recently made less effective efforts at ETH selling with a consistent sale of ETH throughout the past month. The analytics platform disclosed the attempts of the whale on its official social media account. At the moment, $ETH is changing hands at $2,464.32
đŹ This whale is good at arbitrage but not good at selling ETH!
He sold 19,667 ETH ($47.3M) in the past month, and sold near the bottom every time!
He obtained ETH through MEV bot arbitrage. â Lookonchain
An Effective Arbitrage-Conducting Ethereum Whale Struggles with ETH Selling
Lookonchain disclosed that, despite a resilient track record concerning arbitrage, the whale has struggled with market timing. In this respect, the whale has sold ETH near its local bottoms during the last month. Over this period, the whale has reportedly sold a cumulative 19,667 ETH with a value of up to $47.3 million. Nonetheless, instead of capitalizing on the likely price peaks, the whale has made unfruitful efforts.
đž All #ETH Selling Attempts of the Whale Occur Near the Bottom
According to the analytics firm, the ETH sales of the whale have taken place near the price dipsâ bottom. The respective pattern has raised significant concerns among the crypto community. It highlights the challenges that the traders experience while attempting to precisely time the market.
The respective experience of the whale plays the role of a reminder of the crypto tradingâs inherent risks. Additionally, it also illustrates that the efficiency in one zone like arbitrage does not mean a necessarily successful execution in the other area. Lookonchian added that the whale utilized the MEV bot arbitrage to obtain Ethereum ETH.
{spot}(ETHUSDT)