🧨🧨🧨TVL #Solana reached $1.65 billion, a record in the la | Irma Korkia on Binance Square

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🧨🧨🧨TVL #Solana  reached $1.65 billion, a record in the last 15 months since the collapse of #FTX.  

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📉💸 Traders Bet Against Toncoin ( $TON ) Recovery as Price Drops Under $5 📉 Toncoin Drops Below $5 On November 1, Toncoin (TON) fell under $5 after holding steady for several days. Traders are betting on further declines as broader market sentiment turns bearish, with Bitcoin and other cryptocurrencies also facing losses. Recovery may be challenging for TON, even if the overall market rebounds. 📊 Bearish Market Sentiment Data from Coinglass shows Toncoin’s Long/Short ratio has dropped to 0.88, indicating a bearish outlook. About 53% of traders are shorting TON, while 47% are long, reflecting a pessimistic market view. 📈 On-Chain Data Santiment reports a rise in Toncoin’s Mean Dollar Invested Age (MDIA), suggesting most TON tokens have remained inactive. This could hinder a price surge as dormant tokens indicate reduced market activity. 📉 TON Price Outlook Currently priced at $4.87, Toncoin has fallen below key Exponential Moving Averages (EMAs), signaling a continued downtrend. If the bearish trend persists, TON could drop to $4.46. However, a retest of the 23.6% Fibonacci retracement level could push the price back up to $6.20.

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📉💰 Bitcoin Prices Decline as Market Faces Uncertainty 📉 Bitcoin Price Decline Bitcoin, initially at $69,018, has dropped to $67,670 following a rapid increase. The upcoming election has caused uncertainty, with Bitcoin weakening as key support levels are lost. Profit-taking has intensified, and altcoins have suffered losses exceeding 5%. 💰 Bitcoin Dips As the U.S. presidential election approaches, traders are reducing risk across cryptocurrencies. Bitcoin, which surged above $73,000, saw over $2 billion in short-term investor sales. Trump's declining odds in prediction markets have contributed to Bitcoin’s downtrend. 📊 U.S. Government Spending and Bitcoin Rising U.S. debt and increased government spending, up 9.7% in Q3 2024, could impact cryptocurrencies. Warren Buffet’s cash reserve strategy, aimed at preparing for a recession, signals a less favorable outlook for crypto. Some experts suggest Bitcoin could test between $64,000 and $66,000 in the coming days.

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🚀📈 3 Crypto Picks for Big Gains: Solana, Bitcoin Cash, and Rollblock 💥 Solana, Bitcoin Cash, and Rollblock are gaining attention in the crypto space. While Solana and Bitcoin Cash are well-established, Rollblock is an up-and-comer, making waves with its GambleFi potential. 🎰 Rollblock (RBLK) is in stage 7 of its presale, priced at just $0.033 per coin. It’s generating buzz with a predicted 880% surge and a unique revenue-sharing model. Rollblock allows copy-betting strategies, supports 20+ cryptocurrencies, and offers 7,000 games. Its revenue-sharing system burns 60% of repurchased tokens, pushing value up while rewarding holders with up to 30% APY. Analysts predict a 100x price explosion, positioning Rollblock as a top buy in the $540 billion gambling market. 🚀 Solana (SOL) continues to perform, known for its speed and low transaction costs. Solana’s price is up 17.35% over the last month, reflecting steady growth. Compared to Rollblock’s rapid rise, Solana offers a more stable investment. 💸 Bitcoin Cash (BCH), a spin-off of Bitcoin, offers larger block sizes and handles more transactions quickly. BCH has risen 9.24% in the past month, but its growth is slower. It’s ideal for stability, while Rollblock appeals to those seeking fast, high gains in the gaming market. 📈 Conclusion: Solana, Bitcoin Cash, and Rollblock are making waves for different reasons, but Rollblock stands out with its potential for rapid gains in GambleFi. Some even say it's the best crypto to buy now!

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📈📉 Crypto Market’s Weekly Winners and Losers – $RAY , $DOGE , $IMX , $MEW 🐕 Raydium (RAY) has continued its positive momentum, leading the weekly winners' chart. It started with a 14% spike and closed with a 5% overall gain, trading at around $3.49 after a slight pullback. RAY remains bullish, trading above both the 50-day and 200-day moving averages. A recent “golden cross” and strong MACD confirm this sentiment, though the RSI at 70.35 suggests a potential short-term pullback. 🚀 Dogecoin (DOGE) took second place among gainers, with a 9% rise, reaching over $0.17 mid-week before closing at around $0.16. Despite the price rise, volume dropped 30% over 24 hours, with its market cap down by 6%, standing at $22.3 billion. 📊 Mantra (OM) posted a 7.3% gain, narrowly beating Maker (MKR). OM surged 16% early in the week, but by week’s end, it declined 4%, trading at around $1.38. OM's volume and market cap also dropped, reflecting a cooling off after early gains. 🐱 Immutable X (IMX) led the weekly losers with a 16% decline. Trading at $1.122, IMX remains below both the 50-day and 200-day moving averages, confirming a bearish trend. The RSI indicates IMX is nearing oversold territory, hinting at a possible reversal if buying interest picks up. 🔻 Cats in Dogs World (MEW), once a gainer, saw a 14% decline, closing at $0.008. MEW suffered significant losses in both volume and market capitalization, making it the biggest loser among memecoins. 📉 Helium (HNT) recorded a 13.7% drop, falling below $6. Its market capitalization shrank by 5%, with a 30% drop in trading volume, marking a challenging week for HNT. 💡 Conclusion: The crypto market remains volatile, with significant shifts in prices for both winners and losers. Stay informed and cautious as trends can change quickly.

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🚨 WIF at Risk of Crash? Dogwifhat Support Collapse 🐕 Dogwifhat ( $WIF ), the popular Solana-based meme coin, has turned bearish after Bitcoin (BTC) breached its crucial support level. This shift has influenced the broader cryptocurrency market, pushing sentiment towards a downtrend. 📉 Technical Analysis shows WIF has fallen below its key support at $2.10 and is close to closing a daily candle under this level. If WIF closes below $1.97, there’s potential for a 35% decline. The meme coin is also trading below the 200 EMA, signaling further bearish momentum. 📊 On-chain metrics back this negative outlook. Coinglass reports a WIF long/short ratio of 0.88, reflecting a strong bearish sentiment. Open interest has dropped by 7.9%, suggesting traders are liquidating positions as the price falls. 💰 Current Price: WIF is trading near $1.98, down 6.9% in the last 24 hours, with trading volume up 13%, indicating increased activity despite the decline.

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