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FLOKI Price Rises 21% in 24 Hours: Major Breakout? Market expansion has sent the FLOKI price up 21% today, with meme coins up 4.82%. After a reversal, FLOLKI is primed for more increases. FLOKI is up 13.08% in 24 hours after a modest retracement from its early morning spike. This increase has helped FLOKI grow 22.11% since last Monday, outpacing most other cryptocurrencies. However, it has failed to recoup from its 11.51% month-long loss. Indeed, this spike has boosted trading interest in FLOKI. Last day, the coin's trading volume rose 181.99% to $488.19 million. Does FLOKI Price Retest Key Support Level: Surge Over? Detailed charts indicate that FLOKI's correction is ending. Most importantly, FLOKI's relative strength index dropped from 90 to 50 after 8 hours. This change implies an overbought to neutral condition. A steep decrease is indicative of a correction as FLOKI cools before its next rise. Most importantly, Floki held above the $0.00017717 (orange) support level at the hour's high. This may indicate that the correction is ending, allowing for additional upside. These signs offer a strong precedent for near-term market movement, but trends will show where the price is going. Most importantly, the 30DMA is steeply ascending, easily above the 200DMA, which has followed suit. This shows that short-term momentum may change the trend from sideways. The 30DMA has supported FLOKI throughout its rise. Floki should have additional potential. #FLOKI #BinanceTournament $FLOKI
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Major Squeeze That Sent XRP Price Soaring 60,000% Returns; Will History Repeat? Matt “The Great Mattsby” Hughes, a crypto expert, found an indication that shows XRP might grow like it did in 2017. After a long consolidation, the market is optimistic that the XRP price might achieve big gains. Price Gain of 60,000% Possible for XRP Hughes said on X (previously Twitter) that XRP has one of the tightest monthly Bollinger Band squeezes in its history and the crypto market. XRP gained 60,000% the previous time its Bollinger Band tightened this much, the analyst added. Hughes said XRP may reach $250. A repeat of XRP's 2017 price rise of over 60,000% would catapult the crypto asset to such heights. Crypto researcher Crypto Bitlord has projected that XRP might reach $589. Hughes concurs with crypto experts like Mikybull Crypto that XRP might repeat its 2017 success. Mikybull Crypto said XRP's price behavior may mimic its 2017 rise. He believed XRP may grow to $4, but he set a cautious price objective. Dark Defender and Javon Marks predicted XRP will regain its 2017 price gains. Dark Defender projected the crypto coin may reach $18 then. Like Hughes, Marks anticipated XRP would gain 39,000% to $200. In a recent X article, Mikybull Crypto predicted a significant XRP price move. He said XRP's rise is only beginning and would likely mirror the 2017 cycle. Given its underperformance before the year started, many crypto experts believe XRP should make that move after the market recovers. Armando Pantejo said XRP would “absolutely” reach $20. He said that the recent rapid breakout above the upper Bolliger Band suggests a parabolic advance. He reiterated that XRP would reach $20 when, not if. Pantejo encouraged market players to prepare for launch. Crypto expert Crypto Michael predicted one of the “biggest pumps of the year” for XRP once it breaks over $0.56. According to CoinMaketCap, XRP is trading at $0.55, up over 4% in 24 hours. #XRP #Ripple $XRP #Whale.Alert
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Bullish Return: Institutional Investors Deposit $1.44 Billion In Crypto Week Crypto investment products saw another week of inflows to build on the previous week. According to CoinShares, digital asset investment products had $1.44 billion inflows last week, indicating a revival of positive momentum in the crypto business. This raises the two-week inflow to $1.881 billion following three weeks of outflows. With last week's data, crypto investment fund inflows this year are at a record $17.8 billion. Institutional Crypto Investors Gain Crypto investment products are reflecting market mood, according to recent research. According to CoinShares' latest weekly report, this positive mentality has helped digital investment goods exceed the $10.6 billion bull market inflow from 2021. The 5th highest weekly inflow on record was $1.44 billion last week. Naturally, Bitcoin attracted the most investment. Bitcoin, the first and biggest crypto asset, has always been the center of attention. Since Spot Bitcoin ETFs launched, the cryptocurrency has been in the limelight for months. Bitcoin received $1.35 billion last week, its fifth-largest weekly inflow ever, due to positive momentum. The German State of Saxony's selloff of over 45,000 BTC raised worries about selling pressure. In contrast, short-Bitcoin products lost $8.6 million. Short Bitcoin goods are for investors expecting a price drop. The removal of short positions indicates a decreasing pessimistic stance among institutional investors. Ethereum dominated the altcoin market with $72 million in net inflow, reversing its year-to-date net inflow from a negative $15 million to $57 million. Solana exchange-traded products followed with $4.4 million net inflow, down 270% from $16.3 million the week before. At press time, Solana had received $62 million this year. Litecoin, XRP and Cardano had $1.2 million, $1.0 million, and $1.2 million inflows. Investment products with several assets also received $17.2 million. #ETH_ETF_Approval_23July #ETH_ETFs_Approval_Predictions $ETH $BTC
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1 million users joined Baby Doge's new Telegram game in less than 9 hours! A plethora of dog-themed currencies have entered circulation ever since the charming Shiba Inu memecoin Dogecoin became viral. Baby Doge is one of several who are trying to figure out how to remain popular. With a recent milestone of $10M Total Locked Value, MemeFi's token locker is back with a bang. New Telegram game "BabyDoge PAWS" by Baby Doge has broken all kinds of records for player growth. One million players joined the game in a mere eight hours, thirty-five minutes, and twelve seconds. The Deliberate Action of Baby Doge Users may enjoy a straightforward gaming experience with the newly created "BabyDoge PAWS" game on Telegram. Players battle for the top positions on the scoreboard and earn PAWS by tapping and improving cards. A recommendation system and daily assignments further encourage participation and the expansion of the community in the game. The engaged and passionate community of Baby Doge is evident from the quick adoption. Baby Doge has discovered a method to keep users interested and maybe even get new fans by making an easy-to-use game that integrates directly into their ecosystem. A lot of records have been broken by the community's reception to the game. In less than nine hours, the game gained over one million players, solidifying its status as the fastest-growing program ever. In the future, Baby Doge intends to launch new card combinations every day and provide incentives for buying random cards. With the massive success of Hamster Kombat, tap-to-play games have been on the rise. The success of Baby Doge will ensure the project's continued support from its users. Despite the game's success, its pricing has been a major letdown. Baby Doge Coin has lost 0.5% of its value in the last day, according to statistics compiled by Coinmarketcap. #BABYDOGEUSDT #BabyDogeCoin #memecoins #Whale.Alert @BabyDogeCoin Official
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Binance's BNB Chain launches optimism-powered layer-2 testnet. Binance-founded layer-1 blockchain BNB Chain expects their layer-2 chain will solve its “scalability challenge.” BNB Chain released opBNB, a testnet, on June 19. Binance claims the new layer-2 scaling solution, based on the Optimism OP Stack, would increase security and scalability. The Ethereum Virtual Machine (EVM)-compatible layer-2 chain supports Ethereum-based smart contracts, networks, and ERC-20 tokens. Blockchains experience network congestion and hefty fees during peak usage. BNB Chain reports 2,000 transactions per second for $0.10. The statement states that opBNB can process over 4,000 transfer transactions per second at less than $0.005. It also mentioned that opBNB optimizes data accessibility, the caching layer, and the submission process algorithm for simultaneous operations. This raises the gas restriction to 100 million per block from 30 million in Optimism. Binance said opBNB is their “answer to the scalability challenge that has limited the mass adoption of blockchain technology.” Optimism scales transactions by automatically assuming transaction data processed off the root chain is legitimate unless proved otherwise via Optimistic Rollups. It said that the RPC (remote procedure call) service layer's user-friendly interface facilitates integration. Developers may “focus on building applications without worrying about the complexities of Layer 2 scaling,” it noted. Adam Cochran of Cinneamhain Ventures questioned BNB Chain's scalability “because they centralized an Ethereum fork and turned up the gas limit to an unsafe level.” Since there were alternative choices, such as joining Optimism as a “superchain,” becoming a layer-2 directly on Ethereum, or becoming a layer-3 on Optimism or Arbitrum, creating a fork “made no sense” he said. BNB Chain has the third-most DeFi total value locked, after Ethereum and Tron, according to DefiLlama. #Binance #BNB $BNB #BinanceTurns7
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