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DePIN, AI & WHY INVESTORS ARE "ALL IN" IN THIS NEW SECTOR 🔥🚀👇 The intersection of DePIN and AI is promising to revolutionize the web3. The integration of AI with DePIN networks enables smarter, more efficient and adaptive infrastructure solutions that can better serve the needs of users and businesses. An example I often use to make it simple is the following: Imagine a smart city that uses DePIN networks with AI. The sensors (DePIN) collect data about traffic and energy. AI analyzes this data in order to make traffic flow smoother, save energy and keep the air clean. For example, it changes traffic lights to ease congestion and predicts when roads need fixing to prevent accidents. AI also suggests different travel options based on what people like. This makes the city smarter and better for everyone. DePIN infrastructure plays a crucial role in supporting and enhancing AI applications by providing reliable data sources. DePIN's mission is to ensure quality data to the AI systems. From the other hand, AI reads data from DePIN networks for insights and optimization. The reason why DePIN + AI are massively appreciated by businesses is because they act like a bridge between the digital realm and the integration of the "Hardware". That's a tangible utility that will be largely used in the real world! STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝 #DePIN #artificialintelligence #AITokens #altcoins2024 $RNDR
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$ARB , $OP & $BASE ARE FLYING! 🚀 $MATIC Red Flag 🚩👇 According to the on chain data, Arbitrum takes the first place in terms of active users growth, followed by Optimism and Base. Polygon Matic is losing positions, but that's because of new direct competitors that have entered the market. That's an important metric because the more active users a chain has, the more transactions it executes! This can attract more developers and investors because they see that the chain is "healthy" and thus they bet on its success by funding it! STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #BlockchainActivity #ArbitrumARB #PolygonMATIC #Altcoins2024 #AltcoinsToTheMoon
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IS THE MEMECOIN SEASON OVER? 🤔 Here Is The Answer 👇 Memecoins like Dogecoin, $FLOKI and $BONK are losing value as Bitcoin's dominance increases. In fact, the total market cap of memecoins has dropped by 2.65% to $55.45 billion! The reasons about this decline are several: the altcoin market structure, the decrease of trading volumes and the investor's uncertainty regarding the recent news of U.S macroeconomic data. In my opinion, this 'memecoins sell-off' is a sign that investors are losing their confidence in this sector and as a consequence, they will look for cryptos with stronger fundamentals like BTC and ETH. That's also explains why the Bitcoin's dominance keeps increasing. If the trend continues like that, we may see a prolonged period of consolidation or a decline in memecoins prices. Remember, the altcoin/memecoin season is exptected when BTC loses its dominance! STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝 #MemeCoinsSeason #memecoins2024 #Altcoins2024
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$STRK BREAKOUT IS INEVITABLE! 🚨 37.5% Potential Upward Gap 👇 Starknet has finally found support on S2 and according to the chart, a breakout should happen in hours! STRK is currently trading at $1.3 while gathering liquidity for its potential upward trend with potential gap of 37.5%. However, STRK's price is just below the EMA 20 but RSI is suggesting an oversold situation. Currently the situation looks bullish with an exception; May 16, 64 million STRK tokens will be released (8.8% of the circulating supply) which are valued at $82 million. If this unlock is already priced in, then I won't be bothered; instead, if it isn't, then STRK's price may revisit S1. So, my strategy according this situation will be: Strategy + Hedge Short Position: Stop Loss on $1.28, entry price on S2 (1.31 to 1.34). First TP on R1 (25%), Second TP R2 (25%) and Third TP on R4 (50%). If the market goes against me, I'll open a short position on $1.28 with stop loss on $1.32. TP on S1 (100%) STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝 #StarknetUpdate #STRKpriceanalysis #StarkNetTradingSignal #Altcoins2024
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$BTC HALVING ALERT! 🚨 1464 Days Left! Meantime 👇 The recent surge in Bitcoin's price has been attributed to various factors, including institutional adoption and the recent halving event, which reduces the rate at which new coins are created. Miners are now rewarded 3.125 BTCs per block and in 1464 Days they will be rewarded for 1.5625. Currently, I see Bitcoin's future still split between optimism and caution. In fact, since its inception, Bitcoin has faced both highs and lows. To determine the next BTC's trend, I would put the attention on the following macro factors: 1) Can Miners Afford Their Current Expenses? 🤔 If miners can't afford expenses and new environmental laws comes in, they might sell BTC and consequently causing prices to drop drastically 2) Will China Join The Run BTC ETFs? 🐲 There are rumors that in the future, thanks to Hong Kong (first mover), Chinese whales might soon access spot BTC ETFs. This event could attract massive inflows in the crypto market. 3) How Long Tension In Israel, Ukraine & North Korea Will Last? 🪖 The expansion of wars could shake up the market even more and make people fall in FUD. This it translates into selling BTC for Gold, Silver and food 4) How Hard Will The Next Wave Of Regulations Hit? 🫵 Any new regulations, bans or restrictions imposed by major economies like the US, China or the EU could drastically affect the investor sentiment and thus the BTC's price. I believe Bitcoin's long-term prospects will be positive only if miners switch to renewable energy (or find cheaper energy), regulators allow Chinese investors access to Bitcoin ETFs, geopolitical conflicts are resolved peacefully and there's active communication between industry players and policymakers! STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝 #BitcoinHalvingEvent #BitcoinMining #BitcoinNews #BitcoinPricePredictions
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