$PEPE is gaining momentum and could be on the verge of breaking through key resistance levels. After recently escaping a descending channel, the coin surged 11% following its listing on the Upbit exchange. Now, all eyes are on $PEPE as it approaches the 20-day EMA, signaling a potential upward trend.
The technical analysis paints a promising pictureâPEPE has been climbing steadily since February, smashing through both horizontal and diagonal resistance barriers. If this bullish trajectory continues, we could see even more impressive gains on the horizon.
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{spot}(PEPEUSDT)
đžđ„What is the CoCo project that has been talked about a lot lately?đ±đ„
Chinese name of #CoCo : Virus Frog is an innovative project combining meme culture, social media and digital currency. At present, participants come from 2,800 regional cities in more than 170 countries around the world, and have attracted 52.59 million users' attention.
Total issue: 34.2 billion pieces
80.41% donated airdrops
10.23% initial flow cell
9.36 Airdrop Marketing
Slippage: buying and selling 1%
10% operation and maintenance
30% returned to ambassador CoCo
60% rewards direct sharers.
(Transfer between wallet addresses can be bound into a recommendation relationship)
Altonomy, the world's top market maker, manages the market value, Floki operation team participates in the operation, a billion-level super-strong financial team, and authoritative audit certification.
Fair launch at the opening, lock the pool at the opening, no authority, no white list, openness and transparency, and the world's top advertisements are announced.
Contract address:
0xF563E86e461dE100CfCfD8b65dAA542d3d4B0550
Official website: https://www.cocoin.tech.
Telegraph: https://t.me/cococoinfi
Twitter: https://x.com/cococoinbsc
#memecoins #binance #BSC
đšđšIf youâre looking to make $3,000 a month in cryptocurrency without diving into trading, there are several exciting and legitimate ways to achieve your goalđšđš
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1. Investing in Cryptocurrency:Putting your money into top cryptocurrencies like Bitcoin or Ethereum can be a rewarding venture. But remember, investing comes with its share of risks. Do your homework, focus on projects with solid fundamentals, and be patientâsometimes the biggest rewards come with time.
2. Staking: Staking is like putting your crypto to work for you. By holding a certain amount of a cryptocurrency in your wallet, you help secure the network and, in return, earn extra tokens. Itâs a popular way to generate passive income with minimal effort.
3. Cryptocurrency Mining:If youâre tech-savvy and up for a challenge, mining might be your thing. This involves solving complex problems to validate transactions on the blockchain, earning you crypto rewards. Just be aware that it requires specialized hardware and can be resource-intensiveâso weigh the costs and potential gains carefully.
4. Decentralized Finance (DeFi) Projects:The DeFi world is buzzing with opportunities to earn. From lending your assets for interest to providing liquidity on decentralized exchanges and earning fees, the possibilities are vast. The DeFi space is rapidly expanding, making it an exciting avenue for passive income.
5.Freelancing in the Crypto Space: With the rise of blockchain technology, thereâs a growing demand for experts in the crypto field. Whether youâre a writer, marketer, developer, or consultant, leveraging your skills in the crypto industry can lead to lucrative opportunities.
Stay tuned for more tips and insights.
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About Flow (FLOW)
Flow (FLOW) is a decentralized blockchain network developed primarily as a foundation for Web3 and metaverse operations. It is known as an interactive network that supports the creation and scaling of decentralized apps (DApps), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and more.
Dapper Labs, the team behind Flow, has reportedly worked on projects and decentralized ecosystems like CryptoKitties, NBS Top Shot, and NFL All Day.
Flow was developed using the programming language Cadence. While opportunities for developers to build on the decentralized network are currently live, the Flow mainnet itself is still in its Beta phase at the time of writing. Validators on the Flow network can assist in transaction validation in exchange for rewards and stake FLOW to satisfy the blockchainâs proof-of-stake (PoS) consensus model. #FLOW $FLOW
URGENT UPDATE REGARDING $RARE $SUN $TRX
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1ïžâŁ RARE
RARE is experiencing a slight decline of 0.55% to 0.2546, indicating a minor correction. To regain momentum, RARE must break above the 0.26 level and close above 0.27. Failure to do so could lead to further consolidation.
2ïžâŁ SUN
SUN is witnessing a remarkable surge of 31.36% to 0.02312, showcasing significant buying pressure. To sustain this trend, SUN must break above the 0.024 level and close above 0.025. Achieving this could lead to further gains.
3ïžâŁ TRX
TRX is experiencing a moderate increase of 0.91% to 0.1552, indicating a gentle upward trend. To build upon this momentum, TRX must break above the 0.16 level and close above 0.17. Success in doing so could lead to further growth.
KEY LEVELS TO WATCH:
- RARE: 0.25 (support), 0.26 (resistance)
- SUN: 0.022 (support), 0.024 (resistance)
- TRX: 0.15 (support), 0.16 (resistance)
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Altcoins Rally Alongside Bitcoin đ
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As Bitcoin gains momentum, the altcoin market is riding the wave. Polygon (MATIC) has surged by an impressive 11%, breaking past the $0.50 mark. Not to be outdone, Chainlink (LINK) and Uniswap (UNI) have also posted strong gains, contributing to the overall bullish sentiment in the crypto market.
With the total crypto market cap bouncing back to $2.25 trillion, the stage is set for a potential altcoin season. Historically, when Bitcoin rallies, altcoins often follow suit, leading to significant price movements across the board. Could this resurgence signal the beginning of a new altcoin season? Investors are watching closely, as the next few weeks could be pivotal for altcoins to shine.
#Altcoins ! #CryptoNews #Binance
C.R.E.A.M. Finance is a decentralized DeFi lending platform, enabling financial services to a broad range of entitiesâfrom individuals to institutions. As an integral part of the yearn.finance family, it aims to differentiate itself with its open-source, permissionless nature and compatibility with multiple blockchains, including Ethereum, BNB Chain, Polygon, and Fantom. Users holding assets like Ether or wBTC and seeking avenues to optimize them, can position these assets onto C.R.E.A.M. to earn yields.Â
Emerging from its origins as a fork of Compound Finance, C.R.E.A.M Finance's vision revolves around fostering an inclusive network development. It plans to achieve this by providing yield farming incentives to its user base.
The intriguing acronym, C.R.E.A.M., encapsulates the ethos of "Crypto Runs Everything Around Me." Its inception on the Ethereum network was a rather spontaneous event, materializing on August 3, 2020, through the YOLO liquidity pool. A month later, in September 2020, the protocol marked its footprint on the BNB Chain. At the core of its functionalities, the CREAM token has multifaceted uses. It is designed to empower users to lend, borrow, and stake assets. Furthermore, it's instrumental in the governance of the network, granting users the autonomy to vote on potential assets for listing or removal. #CREAMUSDT
Ethereum Set for a Turnaround? â analysis by AMBCrypto
Market activity for Ethereum (ETH) has been subdued, showing only a slight increase of 2.45% in price, now trading around the $2,600 level.
This kind of price behavior is typical when an asset is trading within a symmetrical triangleâa pattern characterized by converging diagonal upper and lower lines.
Previous instances of such trading patterns have often led to significant price movements, either upwards or downwards.
Momentum among Ethereum traders is increasing, as indicated by the Moving Average Convergence and Divergence (MACD).Â
This tool tracks the relationship between two moving averages of ETHâs price, helping to spot changes in momentum and direction.Â
Recently, the MACD signaled a bullish crossover, suggesting that buyers are actively entering the market and may continue to push the price upward.
Additionally, Ethereumâs momentum has been on the rise, with the MACD trending toward positive territory. This suggests a strong likelihood of continued price increases.
The Chaikin Money Flow (CMF) also supports this bullish outlook. It has been rising since the 18th of August, indicating that buying pressure was mounting.Â
If this trend persists, it could further propel ETHâs price higher to the $2,800 target.Â
#MtGoxRepayments #PowellAtJacksonHole #BinanceLaunchpoolDOGS #CryptoMarketMoves #ETHđ„đ„đ„đ„
$ETH
$AVAX Enters a Pre-Bull Run Accumulation Zone - CoinPedia Analytics
Hence, the positive market sentiments have lit up as the AVAX price makes a bullish move towards the interim resistance zone between $28.29 and $30 from the lows below $20. However, the price is believed to have entered a preparation period which could be followed by a massive upswing.Â
The long-term price action suggests the price is heading towards the end of the accumulation phase. The token has undergone a similar consolidation that it displayed before the beginning of the 2021 bull run. Hence, a breakout from the current range could attract massive bullish attention, eventually triggering a fine rise, which may further transform into a bull run. However, the target remains slightly elevated, as the bulls do not appear to be well in position at the moment.Â
The Bollinger bands have begun to converge but are not showing the possibility of an expansion, which indicates a breakout. Besides, the levels of the DMI are approaching each other for a bullish crossover, which may consume some more time. Therefore, the AVAX price may continue to maintain an ascending consolidation and surpass the interim resistance zone. However, after surpassing the average bands of the Bollinger and rising above 0.236, this may validate a surge above the bearish influence.Â
The role of investors and the lessons of the NFT hype cycle
Despite the impressive growth of Magic Eden, it is essential to reflect on the lessons of the recent past in the bull and bear market of NFTs.Â
Between 2021 and 2022, the NFT market experienced an unprecedented hype cycle. With collections like CryptoPunks and Bored Apes gaining enormous traction.
However, this euphoria was followed by a sharp decline, with the market capitalization of NFTs dropping drastically from a peak of 526 billion dollars in May 2022 to only 18 billion dollars in August 2023, a 97% decrease in value.
This collapse has highlighted the risks associated with investing in NFT. With a report from dappGambl from September 2023 revealing that 95% of NFT collections, among the 73,257 analyzed, had a market capitalization of zero Ether.Â
These data show how volatile and unpredictable the NFT market is. Furthermore, they highlight the need for more sustainable and long-term approaches, such as the one proposed by the Magic Eden Foundation with the ME token.
Exponential growth of the Magic Eden platform
The growth of Magic Eden has been impressive, and the launch of the ME token represents a further step forward in its expansion.Â
The platform has surpassed 6 billion dollars in total trading volume, a figure that represents over 60% of all revenue generated by NFTs.
This success was partly due to Magic Edenâs ability to surpass its competitors, such as Blur and Yuga Labs, with a volume of NFT trades that reached 756.5 million dollars in March 2023.Â
Marking therefore an increase of 194.4% compared to the previous month.Â
This significant increase in trading volume has not only solidified Magic Eden as a leader in the NFT market, but has also demonstrated the robustness of its infrastructure and the trust of users in the platform.Â
Want to build wealth? Consider holding onto these cryptocurrencies.
#CryptoNews
Hereâs a list of 10 digital assets with strong growth potential that could significantly boost your earnings in the future:
1. Bitcoin ($BTC ): The original and most prominent cryptocurrency in the market.
2. #Ethereum (ETH): A leading platform for smart contracts, driving the DeFi revolution.
3. **Polkadot (DOT):** A protocol enabling seamless communication between different blockchains.
4. Solana ($SOL ): Known for its speed and scalability, it's gaining traction in the DeFi space.
5. Cardano (ADA): A proof-of-stake blockchain focused on delivering secure and scalable solutions.
6. Chainlink ($LINK ): A decentralized network that provides reliable data to smart contracts.
7. Stellar (XLM): An efficient network designed for fast and affordable cross-border transactions.
8. VeChain (VET): Tailored for enterprise use, this blockchain is revolutionizing supply chain management.
9. Avalanche (AVAX): A high-performance blockchain tailored for DeFi and enterprise applications.
10. Cosmos (ATOM): A decentralized ecosystem of independent, yet interconnected blockchains.
A few things to keep in mind:
- Cryptocurrency investments come with risks.
- Always research and understand the fundamentals, use cases, and potential of each project.
- Diversify your investments to spread risk.
- Never invest more than you can afford to lose.
- Stay updated on market trends and new developments.
Remember, historical performance doesnât guarantee future returns. Itâs essential to make informed decisions based on your research and risk appetite.
#Write2Earn! #BinanceBlockchainWeek #CryptoMarketMoves #PowellAtJacksonHole
Bored Ape NFT Creator Yuga Labs Tests Its First Poker Tournament On Otherside Metaverse
Yuga Labs, the digital asset incubation studio and the team behind a variety of non-fungible token collections, including the Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs, has successfully tested its first poker tournament on its metaverse gaming venture, Otherside. The digital asset firm tested its poker tournaments yesterday night.
Yuga Labs Tests First Poker Contest In The Otherside Metaverse
In an August 22 blog post, Yuga Labs, through its Otherside X account, confirmed that it has successfully tested its first poker tournament on Otherside. Capetain Trippy, an NFT investor and ApeChain advisor, has emerged as the winner in the recent poker tournament. Yuga Labs has pledged $45,000 to the winnerâs charity of choice
Established in April 2021, Yuga Labs is the leading web3 lifestyle and media company offering creative brand IP/NFT projects, gaming, and community experiences. Yuga Labs is home to some of the leading NFT collections, including the Bored Ape Yacht Club, Mutant Ape Yacht Club, 10KTF, CryptoPunks, Meebits and Bored Ape Kennel Club.
During the 2021-2022 historic bull run, Yuga Labs made headlines as one of the first companies to release IP licenses to their NFT holders and released rights to other top collections. At the time, the digital asset firm made web3 history with record-breaking synchronized player participation in Otherside.
Otherside Mataverse Explained
The Otherside metaverse is a world-building metaverse platform based on the Ethereum blockchain network. Otherside is one of the most ambitious interactive metaverse projects to date, combining the possibilities of MMORPGs like the World of Warcraft and blockchain metaverses like the Sandbox and Decentraland.
Rarible NFT Marketplace Adds Support For Aptos NFT Collections
Rarible, a multi-chain digital assets market platform that lets users buy, sell, and create non-fungible tokens, announces that it has integrated Aptos-based NFTs into their platform. Rarible has launched a new non-fungible token collection to commemorate the arrival of Aptos NFTs on its NFT market platform.
Rarible Adds Support For Aptos NFTs
In an August 22Â press release, Rarible confirmed that it has integrated the Aptos blockchain network on its market platform. To usher the new blockchain network on its market platform, Rarible has launched a new NFT collection called âMovement.â The new NFT collection is minting free for three days on a first-come, first-serve basis.
Launched in 2020, Rarible is a premier decentralized non-fungible token marketplace where users can create, buy, and sell digital assets. The NFT market platform facilitates the creation, sale, and purchase of ownership rights to digital works of art via non-fungible tokens. NFTs are one-of-a-kind crypto assets used to represent unique items such as collectibles and works of art.
The Rarible NFT marketplace links sellers (typically content creators such as digital artists, model creators or meme makers) with buyers who can select pieces they wish to purchase. The NFT marketplace is based on the Rarible Protocol, an open-source multi-chain community-governed NFT Protocol. Rarible has rapidly grown to become one of the leading NFT market platforms. It serves 1.6 million users and has a trading value of over $270 million.
Rarible And Aptos Integration
Rarible has now integrated Aptos, a fast and affordable Layer 1 blockchain, on its market platform. Aptos is a quick, cheap and independent Layer 1 blockchain platform focused on safety and scalability, driving growth within a decentralized network and developer ecosystem. Aptos features an emerging NFT community that uniquely grasps web3 culture. The platform is committed to bringing decentralization to the masses.
Under the new integration, Rarible anticipates combining.
Pepe Coin Price Amid Soaring Daily Profit Ratio..
Pepe Coin price has surged over the last seven days, and the asset is approaching the end of a potential breakout pattern. The direction of the breakout will depend on several market factors, but currently, it looks like whales are taking the sidelines and traders are preparing to drive the market up. The price of PEPE is up 2% in the last 24 hours to trade at $0.00000813.
PEPE Traders Locked on 18% Gains
Pepe Coin price is in a symmetrical triangle pattern, commonly known as a consolidation or continuation pattern, following a sharp downtrend. This type of pattern indicates indecision in the market, with buyers and sellers reaching equilibrium. The formation suggests that a breakout is imminent, with the price coiling tighter towards the apex of the triangle.
Since traders are currently neutral to bullish, PEPE price has a slightly higher chance of breaking to the upside, where it may encounter resistance around 0.00000959. A breakout above this level would be a bullish signal, and further resistance can be expected at around 0.00001000, and beyond that, it is 0.00001200.
The Chaikin Money Flow (CMF) indicates a slight inflow of capital into the market, while the Coppock Curve shows a buy signal after a significant downtrend. This supports a potential bullish breakout.
If the daily candle closes above 0.00001000 with increased trading volume, it may confirm the breakout for a longer-term bullish trend with targets around 0.00001200 and beyond, considering the bullish indicators.
If bears prevail, Pepe Coin price may find immediate support at the lower boundary of the triangle pattern around 0.00000807. A breakdown below this level could signal a bearish move to 0.00000700, invalidating the bullish thesis.
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