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🥳 4 月 20 日狗狗币日 !!! 4 月 20 日不仅对 BTC 来说是重要的一天，因为减半，对庆祝其节日的 DOGE 来说也是如此。 🗣 DOGE 日是狗狗币社区创建的节日，时间为 4 月 20 日。在这一天，所有 DOGE 投资​​者都会密切关注其价格，因为在过去几年中，DOGE 在这一事件前后表现出活跃的走势。 🐶 根据经典，每个人都会期待 Elon Musk 的祝贺，他之前经常推高 DOGE 的价格，我不知道这次会发生什么。 $DOGE #DOGE #elonMusk #Dogecoin‬⁩

🥳 4 月 20 日狗狗币日 !!!

4 月 20 日不仅对 BTC 来说是重要的一天，因为减半，对庆祝其节日的 DOGE 来说也是如此。

🗣 DOGE 日是狗狗币社区创建的节日，时间为 4 月 20 日。在这一天，所有 DOGE 投资​​者都会密切关注其价格，因为在过去几年中，DOGE 在这一事件前后表现出活跃的走势。

🐶 根据经典，每个人都会期待 Elon Musk 的祝贺，他之前经常推高 DOGE 的价格，我不知道这次会发生什么。

$DOGE #DOGE #elonMusk #Dogecoin‬⁩

免责声明：含第三方内容，不构成财务建议，并且可能包含赞助内容。 详见《条款和条件》。
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💥 12.4 Billion Dogecoin (DOGE) in 24 Hours, Price Reacts Dogecoin (DOGE) is yet to recover from the tribute Elon Musk paid to Kabosu, the dog that inspired the creation of the meme coin. Since Musk’s posts relating to DOGE are a major growth booster, the coin has seen a bump in some of its key metrics. At the time of writing, Dogecoin is changing hands for $0.167, up by 3.67% in the past 24 hours, growth coming at a time when Bitcoin’s price has entered consolidation mode, however, with a 2.67% surge to $69,218.58. The Dogecoin growth over the past week has not followed a uniform pattern. In this time span, the coin has soared 7.72% despite seeing a slip in its trading volume. At the moment, DOGE boasts of a 37.3% slip in trading volume to $2,026,640,330. This traded volume implies a total of 12.4 billion DOGE changing hands in a day. Despite the slight slump in this metric, the positive price reaction shows the hidden hunger in the price. Dogecoin remains highly susceptible to posts from Elon Musk and other influencers to rally. This has been showcased prominently throughout its lifespan as Dogecoin saw a massive uptick when Elon Musk changed the X logo at some point to the DOGE mascot. Amid the sustained legacy of Dogecoin, one crucial expectation is that the proposed X Payments will integrate DOGE payments and provide a unique utility for the coin across the board. While neither Elon Musk nor the platform has officially confirmed this, the affinity the billionaire has for the coin might make him enlist DOGE should crypto payments feature in the everything app he is building. Amid the growing push in the DOGE ecosystem, the ultimate price expectation is that Dogecoin will return back to the $0.2 price mark in the midterm and $0.7 in the longer term. $DOGE #DOGE #Dogecoin
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⭐️ 3 cryptocurrencies to avoid trading this week 🔸 Avoid trading Optimism (OP) First, investors should avoid trading Optimism (OP), the popular second layer for Ethereum (ETH), amid a potential sell-off incoming. On May 31, the protocol will unlock 31.34 million OP tokens currently worth $80.23 million. Optimism’s unlock represents a nearly 3% supply inflation that repeats every month with slight variations, as previously reported by Finbold. Core contributors to the protocol will receive 16.54 million OP worth $42.35 million, while private investors will get $37.89 million to realize their monthly profits over retail buyers. 🔸 dYdX Protocol (DYDX) The decentralized exchange protocol DYDX is again featured among cryptocurrencies to avoid trading due to its unlocks. Finbold reported a similar warning for April 27 and, previously, for March 31, with 33.34 million tokens unlocked – worth $70.33 million and $117.33 million, respectively. On February 29, we also reported the unlock of the same amount, worth $130 million. The gradual loss of purchasing power evidence the nefarious effects of supply inflation on cryptocurrencies and the “avoid trading” alert. Now, the protocol will put the same amount of DYDX in circulation on June 1, currently worth $70 million. This represents a nearly 12% monthly inflation likely to affect DYDX investors. As of this writing, the token trades at $2.10. 🔸 Sui Network (SUI) Another cryptocurrency to avoid trading due to recurrent monthly token unlocks is Sui Network (SUI). The competing layer-1 blockchain developed by former Meta Platforms (NASDAQ: META) engineers will inflate its supply by 2.8% this month. On June 1, the protocol will unlock 65.08 million SUI for private investors, the development team, and the Mysten Labs treasury. Notably, private investors will receive 39.16 million SUI for over 60% of the total $70 million worth of unlocks. $OP $DYDX $SUI #OP #DYDX #SUI
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🔥 Analysts Discuss Potential Solana ETF in the US In the United States, discussions continue about which cryptocurrency will have the third exchange-traded fund (ETF) after Bitcoin and ETH. Recently, while XRP was frequently mentioned, attention has suddenly shifted to Solana (SOL). This shift occurs amid growing expectations surrounding the potential approval of a spot ETF for Ethereum (ETH). Industry leaders believe Solana’s strong market presence and increasing popularity position it favorably for an ETF following Ethereum. 🔸 Will a Solana ETF Arrive? Brian Kelly, founder of the digital currency investment firm BKCM, commented on the approval process of Ethereum spot ETFs by the SEC in an interview with CNBC before the SEC’s approval. Shifting his focus to the next option, Kelly highlighted the potential of Solana, often referred to as the Ethereum killer in cryptocurrencies. In the later minutes of the interview, Kelly stated, “Bitcoin, Ethereum, and Solana will likely be the top three cryptocurrencies for this cycle.” James Seyffart, a well-known ETF analyst from Bloomberg Intelligence, also made statements parallel to Kelly’s views. Seyffart added that regulatory hurdles, such as a futures market regulated by the CFTC. Based on this situation, Seyffart indicates that the Solana ETF might not enter the market until 2026 at the earliest. Additionally, he mentions that recently accepted legislation favoring cryptocurrencies could expedite the ETF process faster than expected. 🔸 Is an XRP ETF Possible? Although XRP appears to operate in a clearer regulatory framework compared to Solana, Seyffart emphasized that XRP faces a longer path towards an ETF. One of the biggest obstacles remains the ongoing legal battle between Ripple Labs, the issuer of XRP, and the US Securities and Exchange Commission (SEC). Additionally, the lack of a futures market regulated by the CFTC on the XRP side is cited as another hurdle. Seyffart notes that even if these challenges are overcome, a potential XRP ETF cannot be guaranteed in the near future. $SOL #Sol #Solana
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📊 Analyst Predicts Terra Classic Price Surge Cryptocurrency market analyst Javon Marks has recently forecasted a substantial price surge for Terra Classic (LUNC), envisioning a rise to $0.00139, translating to a 1,134% increase. This optimistic prediction stems from the recognition of a robust bullish technical pattern within LUNC’s price trajectory. Marks highlighted that this anticipated price is still far from the all-time high of $0.00005922 achieved in 2022. 🔸 What Fuels LUNC’s Bullish Prediction? Since October 2023, LUNC’s price trend has shown a distinctly bullish behavior, rebounding from a low of $0.00005506, the weakest level since June 2022. This rebound has coincided with a partial rally in the broader crypto market during the fourth quarter of 2023, serving as a catalyst for LUNC’s price uptrend. 🔸 Why Are Technical Indicators Important? A significant technical indicator supporting the bullish forecast is the ascending trend line in LUNC’s chart, characterized by a series of higher lows. This pattern suggests the likelihood of continued upward momentum. Marks emphasized this trend line as a pivotal factor for the projected price movement. 🔸 Important Considerations for Investors – Monitor the trend line closely; maintaining this support is crucial for sustained growth. – Initial target: $0.00058046, representing a 414% increase from current levels. – Historical data indicate a potential surge to $0.00098584 and possibly $0.001391. – Critical support level: $0.00010747; key resistance level: $0.00011498. – Staying above these levels is essential for near-term price continuation. To achieve the bullish projections, LUNC must hold above the $0.00010747 support level. Additionally, overcoming the resistance at $0.00011498 is critical to sustain the upward momentum and approach the predicted targets. $LUNC #LUNC
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🚀 Why Are Traders Heading Back to Dogecoin? Is This a Fleeting Drift? Dogecoin is again receiving attention, as the volume has soared by over 35% since the early trading hours. This has caused a marginal rise in the price, which has surged by nearly 5% above $0.16. Besides, the market sentiments have also flipped to bullish ever since the launch of the spot Ethereum ETF. Therefore, now the question arises of why traders have jumped in favour of the DOGE price rally. 🔸Does the price initiate a breakout above the critical resistance or just trap the bulls at the local highs? Ever since the beginning of the 2021 bear market, which kicked off following the SNL event where he termed DOGE as a ‘Hustle’, the traders have lost their interest in the token. Although the price received some bullish push, it remained a short-term rally. However, the trend appears to have changed in recent times as the volume has been surging since the beginning of March, which has raised the volatility of the token.  🔸 Will the bulls hold the DOGE price above the gains? Will it hit $0.2 before the end of the month? After the recent pullback from the yearly highs above $0.22, the DOGE price has been maintaining an ascending trend and could reach the edge of the consolidation soon. This has triggered a rebound from the average levels of the Gaussian channel, which is still under bearish influence. Besides, the RSI is maintaining a decent upswing, which may compel the prices to reach the upper resistance of the channel.  The technicals and the chart patterns do not indicate the recent breakout will be short-lived, but the price is expected to hit new yearly highs above $0.25. However, the traders usually remain impatient and squeeze profits following minor jumps. Hence, if the bulls receive the required pressure in the form of volume, then the Dogecoin (DOGE) price may keep up the bullish trend, withstanding all the bearish pressure. Therefore, a rise above $0.3 appears to be imminent in the first few weeks of H2, which may ensure a bullish close for the year 2024. $DOGE #DOGE
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