Chris Larsenâs Massive XRP Transfers Spark Hack Fears and Binance Speculation
Earlier this month, Chris Larsen initiated a large transaction involving 50 million XRP. This transaction stirred the market as it was the first major movement from this wallet, which was created in 2013. The funds were distributed to new addresses, with one receiving 20 million XRP, followed by smaller batches of 5 million XRP.
The history of the receiving wallet, which currently holds 20 million XRP, suggests that it is likely to release these assets soon. This is raising concerns among investors due to its potential impact on the price of XRP. Market watchers are closely monitoring these activities, trying to understand whether these moves are a strategic market move or a routine transfer of assets.
The large-scale transfers have sparked discussions about a possible connection to Binance. Historically, addresses associated with such large transactions have moved significant amounts of $XRP to Binance, suggesting that there may be a pattern. The lack of any immediate communication from Larsen contrasts with previous hacking incidents, lending credence to this theory.
During these turbulent events, Vice President Kamala Harris has initiated talks with crypto advocates to explore avenues for regulation and growth in the sector. In particular, Chris Larsen and other prominent industry figures have supported these conversations, highlighting the increasing regulatory focus on digital assets. This political support represents a significant step toward mainstream acceptance and structural oversight of the cryptocurrency market.
The trend toward tokenization of real-world assets continues to accelerate, with major players like Anthony Scaramucci emphasizing its transformative potential for the blockchain industry. This shift toward tokenized assets is seen as a significant development that promises improved transaction verification and new uses for blockchain technology.
#KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
$ONG /USDT Market and Technical Analysis
The current market analysis for ONG/USDT indicates a notable upward trend, with a current price of $0.3485, reflecting a gain of 17.50% over the past trading period. This price is slightly below the 7-day moving average of $0.3494, suggesting bullish momentum. The coin has recorded a 24-hour high of $0.3899 and a low of $0.2957, with trading volumes of 72.74 million ONG and 26.11 million USDT, indicating strong market interest.
Resistance levels to watch are at $0.3945 and $0.3899, while key support levels are located at $0.3485, $0.3273, and $0.2983. The significant trading volume, particularly in ONG, signals heightened activity and interest among traders. Overall, while the bullish sentiment is clear, itâs crucial for market participants to exercise caution and implement prudent risk management strategies, especially given the current proximity to resistance levels.
#DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #FOMC
{spot}(ONGUSDT)
đŽ Essential Update
Why isn't my investment growing?
A woman recently wondered why her $40 investment on Binance hadnât increased in value. She was focused on #Bitcoinâ but mistakenly assumed USDT, a stablecoin, would perform similarly. Understanding the distinction between stablecoins, altcoins, and Bitcoin is crucial. Stablecoins like USDT are designed to maintain a fixed value.
Hereâs a prime opportunity...
DODO: A Pioneer in Decentralized Trading and Meme Coin Innovation!
$DODO is reshaping decentralized finance with its cutting-edge Proactive Market Maker (PMM) algorithm. This tech brings efficient on-chain liquidity, reduces risks of impermanent loss, and offers highly competitive pricing. By breaking down barriers to token issuance and providing powerful tools like cross-chain trading and customizable liquidity pools, @DODO is quickly becoming a leader in Web3 asset management.
DODOâs Multi-Chain Token Launch and the Future of Meme Coins
$DODO is revolutionizing DeFi with its multi-chain, single-click token launch system. As meme coins grow in popularity, DODO streamlines the creation process, making it the top choice for creators and enthusiasts. Supporting over 16 major blockchains, DODO empowers users to launch meme coins effortlessly.
Advanced Tools like Instant Token Creation and Self-Mining
@DODO_official offers a suite of features ideal for developing BTCFi assets and meme coins. The one-click token creation tool allows anyone to issue tokens without any technical expertise. Once created, these tokens can be immediately listed on the platform.
$DODOâs Massive Growth Potential
With a relatively modest market cap and backing from industry powerhouses like Binance Labs, Pantera Capital, and Coinbase Ventures, DODO holds immense growth potential. Its innovative features and expanding role in decentralized finance place it in a prime position for future expansion.
#DODOEmpowersMemeIssuance #Dodo #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC
$BNB /USDT Price Prediction: Bullish Trend Ahead?
The BNB/USDT trading pair has shown a positive momentum over the past 24 hours, with the current price sitting at $585, a +3.19% increase from its previous value. The 24-hour high reached $587.6, while the 24-hour low dropped to $566.0, suggesting significant volatility. The market is seeing high trading volume, with 196,198.08 BNB traded in the last 24 hours, amounting to approximately 113.47M USDT.
BNB has been holding steady above the $580 mark, which could indicate further upward movement. Considering this bullish trend, there is potential for the price to test higher levels if it can break through immediate resistance levels around $589.4. Short-term support is found at $564.0.
Given the strong demand and high trading volumes, especially on platforms like Binance, it looks like BNB could experience further gains in the near future. Traders are advised to monitor key levels and volume data for signs of continued bullish momentum.
$DODO â A Revolutionary Force in Decentralized Finance
@DODO_official is shaking up the DeFi space... As I previously mentioned, itâs set to become the top project of the year. The platformâs innovative token issuance system allows projects to seamlessly launch tokens across various blockchains, breaking down barriers for new entrants.
This cutting-edge feature streamlines the token launch process, making it easy and accessible for everyone. Another notable offering is DODOâs decentralized liquidity mining, empowering users to create their own liquidity pools and earn rewards while actively participating in the ecosystem. The Pegged Pool feature adds stability to trading, making it especially attractive for stablecoin transactions.ji
#DODOEmpowersMemeIssuance #DODOtokens #BinanceLaunchpoolHMSTR #NeiroOnBinance #moonbix
#catizen Token Price 2 Plausible Scenarios $DOGE or $NOT
As $CATI becomes the third TON token to launch on Binance, we identify two potential price trajectories, drawing inspiration from its predecessors:
Scenario 1: The NOTCOIN Path
NOTCOIN's price initially dipped as market makers and large investors acquired tokens from players. This was followed by a dramatic 500% surge, fueled by speculation, and subsequently, a gradual decline. NOTCOIN's genuine value proposition attracted significant attention, sparking a remarkable price increase.
Scenario 2: The DOGS Trajectory
Conversely, #DOGS, primarily a memecoin, garnered community enthusiasm but struggled to win over large investors due to its limited fundamental value. As a result, its price barely touched pre-market levels and has since consistently declined by 45% from its peak.
Which path will CATI follow? Will it emulate NOTCOIN's remarkable growth or mirror #dogs struggles?
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đBitcoin Analysisđ
SEPTEMBER 21st, 2024
âââââ
âȘïžTECHNICAL (H4)
The price action on the H4 timeframe successfully squeezed out 2/3 of the upper-side liquidity levels đ.
Another liquidity level is marked at $64,990 đ°, which is expected to be squeezed out as well đ
âȘïžWRAP-UP (VIP)
The price action is holding its horizontal support region between $62,956 and $62,430 đ. To maintain a continuation pattern, this support level must hold.
All EMAs are providing support đ, and we can expect a further bounce back đïž only after a successful retest of this level.
$BTC DAILY RANGE:
đUpper Limit: $64,990
đLower Limit: $61,298
(+-6.08% based on moving average volatility open/endpoints)
đSCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
đ”LONG
đČ63,060
đŽSHORT
đČ64,491
âââââ
$BTC #btcusdt
đšđ„As I told you $DODO will hit 1000$ before September end đ„đš
#DODOtokens on continuous rise once we cross the 1$ resistance 1000$ will be easy target
because hyoe is real
DODOâs Key Features:
1. PMM Algorithm: This algorithm adapts asset prices based on market conditions, ensuring balanced liquidity pools and reducing impermanent loss, providing better capital efficiency than other DEXs.
2. DODO X: A cross-chain platform that pulls liquidity from DODO pools, Uniswap, and aggregators like 1inch and 0xAPI, giving users the best rates and smooth cross-chain transactions.
3. DODO Toolbox: Provides tools for token creation and liquidity mining. Users can easily create ERC-20 tokens, while Liquidity Mining allows setting up staking or liquidity pool campaigns tailored to various risk preferences.
4. Crowdpooling: This feature combines crowdfunding with liquidity pool creation, safeguarding liquidity and providing equal opportunities for investors, unlike traditional methods that can be manipulated by bots.
5. Stable Pool and Private Pool: The Stable Pool (DSP) optimizes liquidity for stablecoins and synthetic assets, increasing capital efficiency, while the Private Pool (DPP) is designed for professional market makers to control liquidity and dynamically adjust pool settings.
#DODOEmpowersMemeIssuance #Dodo/Usdt $DODO
$CTK /USDT Market Update: CTK is gaining strong upward momentum with a current price of $0.6568, marking a 23.85% rise in the last 24 hours. The price reached a 24-hour high of $0.7080 and a low of $0.5296. Trading volume remains robust with 17.45M CTK traded and 11.02M USDT exchanged. Key moving averages indicate positive short-term sentimentâMA(7) at $0.6703, MA(25) at $0.6269, and MA(99) at $0.5694.
As a Launchpool gainer, CTK is seeing increased attention and volatility, with resistance at $0.7162 and support at $0.5961. Traders should keep an eye on these levels as the market could see further upward momentum. Stay informed for potential breakout opportunities and updates on CTK's performance.
#DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #FOMC #BinanceLaunchpoolHMSTR
{spot}(CTKUSDT)
$BNB , $BTC , #ETH , #CATI , and #XRP prices are displaying mixed movements. BNB is at $585.6 (+3.35%), BTC at $63,267.99 (+0.52%), ETH at $2,576.38 (+1.27%), CATI at $0.9167 (-3.68%), and XRP at $0.6016 (+3.26%).
The green arrows next to BNB, BTC, ETH, and XRP indicate upward trends, while the red arrow next to CATI reflects a decline. The values represent price changes within the trading session.
Trade signals suggest long positions for BNB, BTC, ETH, and XRP, as their values are rising, while CATI may trigger a short trade based on its declining price.
$DODO â A Revolutionary Force in Decentralized Finance.
@DODO_official is shaking up the DeFi space... As I previously mentioned, itâs set to become the top project of the year. The platformâs innovative token issuance system allows projects to seamlessly launch tokens across various blockchains, breaking down barriers for new entrants.
This cutting-edge feature streamlines the token launch process, making it easy and accessible for everyone. Another notable offering is DODOs decentralized liquidity mining, empowering users to create their own liquidity pools and earn rewards while actively participating in the ecosystem. The Pegged Pool feature adds stability to trading, making it especially attractive for stablecoin transactions.
Today, DODO is on a bullish run, surging over 220% and reaching new all-time highs. The current price stands at $0.1210, reflecting a 14.95% gain, with a peak of $0.1301 before a slight correction. Trading volume has exploded, with 64.21M DODO traded following a rebound from a 24-hour low of $0.1035. The breakout trend is strong, and it appears poised to hit new highs soon.
With its cross-chain capabilities, DODO is transforming token creation, especially within the fast-growing meme coin market. As the meme coin phenomenon gains momentum, DODOâs user-friendly features are positioned to fuel the next wave of meme coin projects.
#DODOEmpowersMemeIssuance #BTCReboundsAfterFOMC
đ Coinbase's cbBTC is heading to Solana! đ
- At Breakpoint 2024, Coinbase's Singapore director, Hassan Ahmed, announced plans to bring cbBTC, a wrapped Bitcoin asset, to the Solana network.
- No launch date yet, but excitement is through the roof! Solana fans gave a big round of applause.
- cbBTC is already a hit on Ethereum and Base networks, backed 1:1 by Bitcoin held by Coinbase.
- In just seven days, cbBTC became the third most popular wrapped Bitcoin, outpacing long-time competitors.
- Sky community is even considering cbBTC as a WBTC alternative.
Stay tuned for more crypto fun! đ
Shiba Inu Expects Major Rally, Can Price Reach $0.00004?
Several on-chain measures suggest a big rise for meme currency Shiba Inu (SHIB). Shiba Inu adoption is growing again, as seen by layer-2 network Shibarium daily transactions.
These Positive Metrics Could Help Shiba Inu Rally.
Meme coins with positive stats like Shibarium daily transactions may see a price increase. According to Shibariumscan, Shiabrium's daily transactions on September 19 reached 11,360, up from 3,090 the day before. Since network activity had been sluggish for a long, that day's 11,360 daily transactions were the most in over a month.
However, Shibarium's daily transactions are rising, suggesting investors are returning to the Shiba Inu ecosystem, which might boost the meme coin's price. Daily transactions have increased since the Fed rate decrease, which has strengthened investors' trust in risk assets like SHIB.
Thus, the Shibarium network may become more popular and everyday transactions rise. Additional Shiba Inu burns from increased network activity will lower the meme coin's price.
An automated burn mechanism converts certain layer-2 transaction costs to SHIB and burns them.
With more SHIB investors in profit, the âIn the Moneyâ measure has become positive. The meme currency may encounter less selling pressure, making investors more confidence about holding when profitable. Losing holders always sell to limit their losses.
Can Shiba Inu Hit $0.00004?
They show that Shiba Inu may hit $0.00004 and are optimistic for the meme currency. Based on technical research, crypto specialists like Javon Marks say the meme currency is primed to breakout. Marks said the meme currency may reach $0.00008.
Meanwhile, crypto expert Pat said meme coin higher time frame charts are looking âbloody lovely.â As an example, he used Shiba Inu to show that the meme currency may reach $0.00004 if it confirms the chart deviation.
According to CoinMarketCap, Shiba Inu is trading at $0.000014, down over 2% in 24 hours.
#SHIB FOMC #BTCReboundsAfterFOMC $SHIB
{spot}(SHIBUSDT)