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🐸🚀🚀PEPE gives a Bullish signal, could it be on the verge of a big rally soon? 😱🔥 On August 8, 2024, the overall cryptocurrency market is looking bullish, as top assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have experienced a massive upside rally. Amid this uptrend, $PEPE (#PEPE ) the world’s third biggest meme coin is gaining significant attention from the crypto community as its chart looks super bullish. PEPE’s bullish chart Additionally, PEPE’s bullish chart is also being shared by crypto experts. Recently, a prominent trader made a post on X (Previously Twitter) noting that back in April 2024, PEPE experienced a remarkable upside rally following the breakout of a consolidation zone after its price decline. A similar kind of consolidation has been observed in PEPE’s chart after the recent decline. He noted that we may see a similar kind of rally once this consolidation area breaks. PEPE price performance At press time, PEPE is trading near $0.0000085 and has experienced a price surge of over 14% in the last 24 hours. Despite this impressive price surge, PEPE’s trading volume declined by 11% during the same period. This decline in trading volume might indicate fear and lower participation from traders. As of now, PEPE’s open interest (OI) is increasing. In the last 4-hours, its OI has increased by 8%, and over the last 24 hours, it is up by 14%, according to an on-chain analytic firm CoinGlass. PEPE price prediction According to expert technical analysis, PEPE is at a crucial resistance level of $0.0000084, 0.0000069 andnear the 200 Exponential Moving Average (EMA) on a daily time frame. Additionally, it has been consolidating within a tight range for four consecutive days, between $ $0.0000085 levels. If PEPE gives a breakout of both the consolidation zone and the resistance level, there is a high chance it could soar 50% to the $0.0000126 level or even higher in the coming days. #memecoins #PEPEUSDT #binance
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😱🔥Putin signs bill legalizing cryptocurrencies #Russian President Vladimir Putin has signed the cryptocurrency bill that was recently passed in parliament. The bill regulates many issues related to cryptocurrencies, especially mining. Russian President Vladimir Putin has signed the bill that legalizes the trading and mining of cryptocurrencies. The bill determines the procedures and principles for the circulation of cryptocurrencies as well as the conduct of mining activities. Russian companies and individual entrepreneurs registered in the Ministry of Digital Development registry will be able to mine. Russian citizens who do not have the status of individual entrepreneurs will be allowed to mine cryptocurrencies without being registered if they do not exceed the energy consumption limit determined by the state. On the other hand, cryptocurrencies will also be free to buy and sell on Russian blockchain platforms. In addition, cryptocurrencies can be used in international payments on an experimental basis. The law will enter into force 10 days after its official publication. The effective date of most mining-related regulations is November 1, 2024. #binance #Putin #BTC
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😱🚀🚀Bitcoin inspires confidence: These 5 Altcoins are taking the market by storm 1- Ripple (#XRP ) Since the case between Ripple and the SEC is nearing its final stage and there is no indication that XRP will be classified as a security, $XRP has increased by 20 percent in the last 24 minutes. While acquiring XRP in the first place of listening after a long time, it especially made Turkish cryptocurrency investors happy. 2- Toncoin (#TON ) The popular altcoin, which stepped on the gas with Binance's listing of TON in spot transactions, has increased by 11 percent in the last 24 hours. $TON , which rose by standing firm with the excitement created by the mini games, excited its ecosystem. 3- Sui (SUI) SUI, which broke the downward trend in the short term, made a good start. The altcoin, which showed a performance of 8.30 percent in the last 24 minutes, was included in the list from the third place. Expectations from SUI may increase if technical support works well. 4- Bittensor ($TAO ) #TAO , which has almost escaped the Bitcoin meltdown, is rising from the last few pieces. The popular artificial intelligence coin, which increased by 6.80 percent in the last 24 hours, may look at even higher levels as the trend continues. Data from the artificial intelligence field will be important in this process. 5- Helium (#HNT ) The public HNT of crypto miners increased to 5.20 percent in the last 24 hours. HNT, which reacted quickly in the transition of the market rise, did not surprise this time either. Activities carried out to expect downward movements in HNT may play an important role. #altcoins
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🔥💥GERBI.io Unlock the Future of Automated DEX Trading🚀🚀
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😱🚀🚀Victory belongs to Ripple: XRP winked at the bulls with its sharp rise The #XRP price has jumped 26% as the lawsuit between Ripple and the SEC nears its final stages, with no signs that XRP will be classified as a security. The $XRP price has jumped 26% as a federal hearing in New York nears the end of a three-year securities lawsuit against Ripple Labs. Executives are calling the case a “victory” for the industry. On August 7, a judge ordered Ripple Labs to pay a $125 million fine, saying the firm was “permanently barred and prohibited” from violating U.S. securities laws in a lawsuit filed by the Securities and Exchange Commission (SEC). The high praise for Ripple (XRP) from the authorities brings the lawsuit, which has been filed with the SEC since Ripple first filed a regulated lawsuit in December 2020, to its final stages. According to CoinMarketCap performance, XRP rose 26 percent on the news, trading at 0.63, a much faster pace than the August 5th breakout. “The outcome of the lawsuit is a victory for the industry and the legal community. The SEC’s entire XRP-bashing negativity is gone,” Ripple Labs CEO Brad Garlinghouse said in an X post shortly after. “The SEC’s lopsided campaign against us is over. Let’s all hope this ends this Administration’s war on crypto,” Ripple Labs co-founder Chris Larsen added. “Overall, a big win for Ripple. While I was surprised by the $125 million fine, Ripple managed to win this in just 5 minutes with the price action in XRP,” crypto lawyer and Hodl Law founder Fred Rispoli wrote in an X post on August 7. #binance #ripple #altcoins
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