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#TopCoinsJune2024 #Binance will list @ionet ( #IO ) tomorrow at 12:00 UTC or 5:30 pm IST. The IO Ecosystem has experienced significant improvements recently, establishing it as one of the largest DePIN projects in Web3. #BnbAth has reached a new all-time high, undoubtedly thanks to the recently announced Launchpool and #megadrop events. 1. ⁠Head over to the launchpad page 2. You will see IO, click on it. 3. ⁠You have to stake $BNB or $FDUSD in any of the pools to farm $IOTA IONET is a decentralized AI computing and cloud platform. By aggregating GPU resources, it creates an infrastructure that allows machine learning to access unlimited computing power at a fraction of traditional cloud costs. **Investors:** The team has raised $30 million from numerous TIER1 investors. Notable names among the investors include Delphi Digital, Animoca Brands, Multicoin Capital, OKX Ventures, and Solana Ventures. **Price Expectation:** At the time of listing, 95 million IO tokens will enter circulation. Comparing the project to its competitors and previous Binance Launchpool listings, I believe it will easily surpass a market value of $400 million and expect the listing to start at a minimum of $4 per token. #IOprediction

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💥💥💥 #CryptoMarket tumble seen as quick shakeout, traders expect 'bullish' rebound Bitcoin ($BTC ), Ether ($ETH ), and the wider altcoin market faced a downturn post the release of robust U.S. employment data on June 7. This unexpected turn was viewed by traders as a temporary "shakeout" before resuming the upward trend. Pseudonymous crypto trader il Capo of Crypto noted on June 7 a "strong sell-off into support," especially impacting altcoins, interpreting it as a market shakeout, where simultaneous selling occurs due to uncertainty. The U.S. Employment Situation Summary Report revealed higher-than-expected job growth, contrary to analysts' predictions, potentially affecting decisions on inflation and Bitcoin's trajectory. Markus Thielen, head of research at 10x Research, speculated that a weaker report could prompt rate cuts, while attention turns to the upcoming CPI inflation report. Despite the unexpected data, Thielen suggested the employment report didn't directly trigger the crypto market drop, describing the data as "mixed," with an increase in part-time workers. Traders are monitoring key support levels, with il Capo of Crypto suggesting a bullish continuation if these levels hold. Bitcoin dipped 1.99%, Ether 3.22%, and altcoins suffered more significant losses, like Pepe ($PEPE ) dropping 10.54%. Other traders saw the downturn as a buying opportunity, expressing optimism about the market's long-term prospects. They view the recent dip as a precursor to a real bullish phase, indicating readiness to buy the dips for a potential quick turnaround trade. Despite the market's reaction to the employment data, many traders anticipate a bullish continuation once the current shakeout stabilizes. Source - cointelegraph.com #ETHETFsApproved #altcoins #BTC #bitcoin

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Ethereum Whale Moves $33.55 Million in ETH to Coinbase: Details. An Ethereum (ETH) whale has transferred 8,710 ETH, valued at approximately $33.55 million, to Coinbase, one of the leading cryptocurrency exchanges. The transaction was highlighted by Whale Alert, a service that tracks large crypto transactions. The transfer has sparked speculation that this whale might be preparing to sell a large portion of their holdings. Such moves are closely watched by the crypto community, as they can significantly impact market dynamics. Given the recent rally in Ethereum's price, it is plausible that the whale intends to capitalize on the gains. Over the last 30 days, the ETH price has surged by 22.15%, and it is currently trading at $3,849, up 1.20% in the past 24 hours. Market context and implications. Ethereum's recent price performance has been robust, driven by a confluence of factors, including market optimism and broader adoption trends. The approval of spot Ethereum ETFs (exchange-traded funds) has been a major catalyst. These ETFs are expected to begin trading in the coming weeks, and many analysts believe that their introduction will further fuel Ethereum's price appreciation. The approval of these ETFs marks a significant milestone for the leading altcoin, providing traditional investors with a new avenue to gain exposure to the cryptocurrency. This could potentially lead to increased demand and higher prices. Analysts are bullish on Ethereum's outlook, predicting that the price could surge as these ETFs launch and attract more institutional and retail investment. Whale transactions, particularly those involving large amounts of cryptocurrency being moved to exchanges, are often seen as precursors to market volatility. Historically, large sell-offs have sometimes led to short-term dips in price, but the overall upward trajectory is driven by strong fundamentals, and increasing adoption tends to mitigate long-term concerns. #StartInvestingInCrypto #ETHETFsApproved #altcoins #BTC #bitcoin

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