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⭐️ WIF the Popular SOL Memecoin Dominates as Top Gainer Boosting Solana’s Market Position ● WIF memecoin is the top gainer among top 100 cryptocurrencies in the past 24 hours. ● Solana holds a 9.64% market share in the memecoin space, outperforming Ethereum. ● Memecoins represent 22% of the overall cryptocurrency market, with WIF contributing significantly to Solana’s success. Solana’s WIF memecoin has risen to become the top gainer among the top 100 cryptocurrencies in the last 24 hours. This tremendous rise highlights WIF’s outstanding performance and its influence on the Solana ecosystem. 🚨 LATEST: @Solana Official memecoin $WIF becomes the Top Gainer among the top 100 cryptocurrencies in the past 24 hours.— SolanaFloor As per the most recent CoinMarketCap 2024 H1 report, Solana’s success can be attributed to WIF’s remarkable surge. Memecoins have emerged as the most popular asset type, comprising 22% of the entire market. Solana has a 9.64% market share in this sector, with WIF playing an important role in its success. Over the last eight months, WIF has shown outstanding stability and consistent growth. This has established it as a dominant player in the market, with significant growth in 2024 pointing to a bright future for the Solana ecosystem. As the cryptocurrency market evolves, more buyers are likely to be drawn to WIF’s stability and strength. This would further reinforce its position as a key asset in the Solana ecosystem. The good trend of WIF demonstrates its potential for long-term success. It also highlights the Solana platform’s ability to support high-performance assets. The outstanding performance of WIF demonstrates both its potential and the wider range of capabilities available from Solana-based assets. WIF’s position in the market is expected to rise as it gains more traction, presenting greater chances for investment and growth. #SOL $SOL #WIF

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🔥 2024 Trump Presidency: The Catalyst for a Historic Bitcoin Surge? A Financial Times report suggests that a victory for Donald Trump in the U.S. presidential election could spark a Bitcoin rally in late 2024. The report cited Trump’s public support for the crypto industry and engagement with the technology as potential catalysts for a Bitcoin surge if he wins. Some crypto investors are backing the former president’s re-election campaign, aligning with his pro-crypto stance. Trump has even dubbed himself the “crypto president” and pledged to support the digital asset industry if re-elected. He claims his election would usher in a new era of crypto in finance. Bitcoin surged in early 2024 following the approval and launch of several spot Bitcoin ETFs, reaching a new record high of $73,794 in March. Other ETF applications have since followed, including the recently approved Ethereum ETF and pending applications for Solana ETFs. The optimism surrounding Trump’s potential impact on Bitcoin stems from his being the more pro-crypto candidate in the upcoming election and the assumption that his policies would make crypto more attractive globally. Trump already accepts cryptocurrencies like Bitcoin, Ethereum, and SHIB for campaign donations. Trump recently posted on his Truth Social platform that Bitcoin is the United States’ last defense against Central Bank Digital Currencies (CBDCs). The former president has also garnered open support from prominent figures in the crypto industry, including Gemini Crypto Exchange founders Cameron and Tyler Winklevoss, who recently donated $2 million in Bitcoin to his campaign. As the 2024 U.S. presidential election looms, Trump’s staunch support for digital assets and his promise of a pro-crypto administration could help make the U.S. a global leader in cryptocurrency adoption with regulations. $BTC #BTC #Trump

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📊 Will Terra Classic Price Lose $0.00006 Support Amid Market Sell-off? #LUNC completes a bearish descending triangle pattern, falling 73.6% since March to $0.0000673. Despite intense selling pressure and significant liquidations, buyers defend lower price levels, aiming for a breakout from the resistance trendline to regain control. The supply pressure in the cryptocurrency market intensified this week following the Bitcoin correction. Amid the liquidation from the Mt. Gox exchange and the German government, the BTC price to a 4-month low of $53550. As bearish momentum spread to the altcoin market, the Terra Classis Price dropped below 7-month support, to bolster further downfall. An analysis of the daily time frame shows the Terra classic completion of a bearish continuation pattern called a descending triangle. In theory, the technical setup is often spotted in an established downtrend and lower high formation indicates the bearish momentum accumulating for prolonged correction. Under the influence of the pattern’s declining trendline, the LUNC coin entered its current correction in early March as the price reverted from $0.00025. The bearish turnaround tumbled the asset 73.6% down to currently trade at $0.0000673, while the market cap fell to $368.7 Billion. Amid this downfall, the Terra Classic coin recently dropped below the 7-month neckline to provide sellers with another resistance to restrict price recovery. As per the data from Coinglass, the LUNC’s long position holder witnessed $400 Million liquidation in the last 48 hours. The cryptocurrency market has witnessed significant capital outflows in recent months, as highlighted by renowned trader Ali (ali_charts) in a recent tweet. According to Ali, the market’s realized net position change has plummeted from over $110 billion in March to a mere $20 billion today. This dramatic decline underscores the intensified selling pressure and capital flight from the crypto sector. With sustained selling, the LUNC price could plunge another 22% to hit the August 2023 low of $0.000052.

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⭐️ Fetch.ai (FET) Attracts Whales Ahead of ASI Transformation Fetch.ai’s (FET) price is no longer Fetch.ai’s price; it is the price of the Artificial Superintelligence Alliance. As Ocean Protocol (OCEAN) and SingularityNET (AGIX) merged into Fetch.ai (FET), their collective identity has been converted into ASI. 🔸 Whales Welcome Fetch.Ai’s Conversion Into ASI Fetch.ai’s price was expected to rise ahead of July since the token merger commenced this week, with a projected completion by mid-July. The Artificial Superintelligent Alliance will trade under the FET ticker during this transition. With a current market capitalization nearing $3 billion, it has emerged as the second-largest asset in the AI token market. FET whales noted the profit opportunity this presented and jumped to accumulate as much as they could. Within a week, the addresses holding between 100,000 and 10 million FET added more than 62 million FET worth close to $73 million. These investors expect a price surge following the merger’s completion, resulting in profits. However, optimism is not limited to whales; it is also shared by retail investors. The weighted sentiment has been largely positive, with Fetch.ai noting mentions across social media platforms. 🔸 FET Price Prediction: Breaking out of the Consolidation Fetch.ai’s price was expected to reap the bullishness arising out of the merger, but the broader market cues countered this. As a result, FET is still consolidated between $1.7 and $1.0, and it has been continuing for nearly a month now. This consolidation will continue in the coming days as well until the merger is completed, and the resulting bullishness will help FET break out of it. Although the altcoin has shown signs of potential decline and losing the lower limit of $1.0, it cannot be ruled out completely. If this happens, the bullish thesis would be completely invalidated. $FET #FET

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👀 MATIC’s bear phase confirmed! Is $0.40 next for the altcoin? MATIC finding it difficult to find its footing after almost all its holders fell out of profitsMVRV indicator revealed that the token was in a bear phase and would need a 13% hike to escape Things have gone from bad to worse for Polygon [MATIC] after the latest market correction. To be very specific, the price of the token plummeted to $0.43 on 5 July. To put this into perspective, the last time MATIC hit this level was back in July 2022. At the time, the crypto market was in a full-blown bear phase. MATIC’s recent decline has been in line with that of the broader market. However, on a singular front, it seemed to be all on its own. Now, one normally expects most or at least some of the top 20 cryptos’ holders to be in some form of profit at some point in time. Is that really the case with MATIC though? 🔸 Polygon finally leaves “green land” Well, the bad news is that MATIC cannot boast of the same thing. According to IntoTheBlock, 97% of the project’s active addresses are out of the money now. In simple terms, this means that they are holding the token at a loss. The remaining 3% are not in profit, but are at breakeven point, meaning that no MATIC active holder has unrealized gains. In March, the price of Polygon’s native token had reached a yearly-high of $1.27, putting many holders in the money. Since then, however, it has been all down for the altcoin. At press time, the cryptocurrency was able to find its way back to $0.46. However, it was yet to face a huge sell-wall at a minimum price of $0.49. In this zone, 550 addresses bought 20.47 million MATIC. Thus, if the price approaches this level, there is a high chance that investors would be willing to sell. Should this be the case, the value of the token might drop again to $0.43. However, should in case buying pressure increases, bulls might attempt to break this wall. If that is successful, MATIC might retest $0.51 on the charts. For the time being though, that is an unlikely possibility. $MATIC #MATIC

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