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🔥 TODAY’S QUICK MARKET SNAPSHOT 👇
🔹 Liquidity increasing across multiple networks
🔹 Stablecoins showing inflows → bullish
🔹 Retail sentiment warming up
🔹 More builders active across ecosystems
Crypto is slowly preparing for its next major move.
Patience + information = advantage.
#MarketSnapshot #CryptoInsights #trendingtoday
🔹 Liquidity increasing across multiple networks
🔹 Stablecoins showing inflows → bullish
🔹 Retail sentiment warming up
🔹 More builders active across ecosystems
Crypto is slowly preparing for its next major move.
Patience + information = advantage.
#MarketSnapshot #CryptoInsights #trendingtoday
Dear Expert Viewers
NEED YOUR INSTRUCTIONS
IS IT A GAME WITH US?
OR
REAL A GAME FOR US ?
""
1. Go to 1$ Game
2. Pay the price 1$ Fee
3. Wait for the prize 💲500 USDT💥
""
Waiting your comments
#BinanceMissions #trendingtoday
#1 $game
NEED YOUR INSTRUCTIONS
IS IT A GAME WITH US?
OR
REAL A GAME FOR US ?
""
1. Go to 1$ Game
2. Pay the price 1$ Fee
3. Wait for the prize 💲500 USDT💥
""
Waiting your comments
#BinanceMissions #trendingtoday
#1 $game
IMPORTANT UPDATE/ANALYSIS
#BTC / USDT
Bitcoin hit our 67900$ Target Area✔
Now the range of 68000$ to 69000$ is heavy resistance.
We can expect rejection again from here.
Next target will be downside upto $600000$ Expecting this Move soon.
Keep an eye on it.
$BTC #trendingtoday #trending #Signal #halving
#BTC / USDT
Bitcoin hit our 67900$ Target Area✔
Now the range of 68000$ to 69000$ is heavy resistance.
We can expect rejection again from here.
Next target will be downside upto $600000$ Expecting this Move soon.
Keep an eye on it.
$BTC #trendingtoday #trending #Signal #halving
💥 MomoAI Airdrop
🔹 Get your free alien tree
🔹 Explore, plant and upgrade to get $MTOS airdrop
🔗Airdrop Link: https://rb.gy/cv7x3w
MOMO's launch & growth is important to accumulate & engage MetaOasis' early users. Learn more about #MOMO and benefit as our Founding Users!
#trendingtoday #Write2Earn
🔹 Get your free alien tree
🔹 Explore, plant and upgrade to get $MTOS airdrop
🔗Airdrop Link: https://rb.gy/cv7x3w
MOMO's launch & growth is important to accumulate & engage MetaOasis' early users. Learn more about #MOMO and benefit as our Founding Users!
#trendingtoday #Write2Earn
Polkadot’s Manta Network raises $28.8M during Squad Game token event
Manta Network, Polkadot’s (DOT/USD) DeFi privacy stack, sold 80 million $MANTA utility tokens during its Squad Game token generation event hosted by Tokensoft, Invezz learned from a press release.They were worth $28.8 million and grant holders on-chain community-governance rights in addition to rewards for MantaPay and MantaSwap usage fees. The tokens are deflationary and burned through network usage.Wide support from Manta communityThe token sale was welcomed by the community and accounted for 8% of the 1 billion fixed supply of $MANTA tokens. This will facilitate progress towards the next development stage as Polkadot parachain auctions start.The positive outcome of the token generation event marks yet another milestone for the protocol. It closed a $5.5 million funding round led by CoinFund and ParaFi Capital and a $1.1 million round led by Polychain Capital last year.Privacy protocols designed to add a layer of anonymityManta Network has developed several different platforms and protocols to improve the security and privacy of the DeFi ecosystem. The ultimate goal is to make on-chain privacy a utility through scalability and interoperability. Its DeFi-oriented privacy protocols are aimed at adding a layer of anonymity to DeFi transactions by concealing user addresses.This is done by applying zero-knowledge proofs known as Groth16 and zk-SNARKS proofs. This can help hide portfolio management activities for users transacting in large amounts.Protocols cover multiple areas of DeFi ecosystemManta Network represents one of the pioneering platforms seeking to deliver these attributes in a layer-1 format solution with privacy becoming an increasingly important aspect of blockchain activity. The platform’s protocols cover multiple areas of the DeFi ecosystem, including Mantapay, a payment protocol with embedded privacy, and MantaSwap, an automated market maker decentralized exchange (DEX).Platform scrapped IDO for Calamari networkBy scrapping an IDO for its Calamari canary network, the platform has demonstrated its highly democratic nature. Now, the upcoming Polkadot parachain auctions represent the next stage of development for Manta Network.Users have currently pledged $130 million to its crowdloan initiative as these auctions begin. Holders of the DOT token can make their contribution with $MANTA rewards.#MANTA #trendingtoday #Launchpool #tia $SOL $BNB $ETH
[4th Low Cap Altcoin Revealed]
I'm talking about a low cap coin that's getting attention from big investors like Coinbase Ventures. They've put in $28 million, showing they believe it has potential. I'm quite sure it will grow in value, possibly doubling or even quintupling.
My plan is to sell a portion when it hits around $9 - $11. However, it has genuine potential to grow 30X by this bull run considering It's previous ATH around $50.
It will become more popular due to its involvement in the Base ecosystem and its limited availability, making it a strong choice for those interested in digital art markets. It's also easy to buy on platforms like Coinbase, Mexc and Uniswap. The currency I'm discussing is $Rari or Rarible.
The cryptocurrencies I previously recommended, including FET, ARKM, DATA, and VIRTUAL, have generated returns ranging from 40% to 500% in just a few days to three months. For well-researched and dependable investment insights, consider following me.
#trendingtoday #HotTrends
I'm talking about a low cap coin that's getting attention from big investors like Coinbase Ventures. They've put in $28 million, showing they believe it has potential. I'm quite sure it will grow in value, possibly doubling or even quintupling.
My plan is to sell a portion when it hits around $9 - $11. However, it has genuine potential to grow 30X by this bull run considering It's previous ATH around $50.
It will become more popular due to its involvement in the Base ecosystem and its limited availability, making it a strong choice for those interested in digital art markets. It's also easy to buy on platforms like Coinbase, Mexc and Uniswap. The currency I'm discussing is $Rari or Rarible.
The cryptocurrencies I previously recommended, including FET, ARKM, DATA, and VIRTUAL, have generated returns ranging from 40% to 500% in just a few days to three months. For well-researched and dependable investment insights, consider following me.
#trendingtoday #HotTrends
#MANTA #trendingtoday #ALT #XAI #BTC
futures signal
-------------------
entry $3.25.....cross 20×
---------------
1.Target price $3.05
2.Target price $2.94
3.Target price $2.70
4.Target price $2.56
--------------------------
Stop loss $3.31
---------------------
don't let it skip....👍
futures signal
-------------------
entry $3.25.....cross 20×
---------------
1.Target price $3.05
2.Target price $2.94
3.Target price $2.70
4.Target price $2.56
--------------------------
Stop loss $3.31
---------------------
don't let it skip....👍
#AcePriceAnalysis #ACE/USDT #Update #trendingtoday #Signal🚥
Huge Accumulation currently going on for $ACE
I wouldn't miss it. Expecting atleast 50% pump here soon once people are done accumulating
Huge Accumulation currently going on for $ACE
I wouldn't miss it. Expecting atleast 50% pump here soon once people are done accumulating
$MINA {Update }
Current Outlook
Although it hasn't managed to hold above the horizontal resistance, the chart is still in good shape.
With a potential rise, it will target the upper band of the rising channel in the short term.
Continue to patiently wait.
@cryptobreakout_trader #cryptocurrency #cryptocurreny #HOTTRENDS #TrendingTopic #trendingtoday $ETH $BNB
Current Outlook
Although it hasn't managed to hold above the horizontal resistance, the chart is still in good shape.
With a potential rise, it will target the upper band of the rising channel in the short term.
Continue to patiently wait.
@cryptobreakout_trader #cryptocurrency #cryptocurreny #HOTTRENDS #TrendingTopic #trendingtoday $ETH $BNB
🚀 Unlocking the Future: 3 Tokens Poised for 30X Growth in 2024! 🌐💸
As we navigate the dynamic world of cryptocurrencies in 2024, opportunities for substantial gains are abound. Let's explore three tokens that stand out with the potential for a jaw-dropping 30X growth: Retik Finance ($RETIK), Shiba Inu ($SHIB ), and PancakeSwap ($CAKE ).
1. Retik Finance ($RETIK): Bridging the Gap for Decentralized Excellence! 🌍🚀
Retik Finance is reshaping the decentralized finance (DeFi) landscape, aiming to bridge the gap between crypto and fiat realms. With its comprehensive ecosystem, including the Retik Wallet, DeFi Debit Cards, and Retik Pay, it seamlessly fuses digital and traditional finance. The ongoing presale success, credible listings on platforms like CoinMarketCap and CoinGecko, and its unique positioning to enhance security and privacy make Retik Finance a compelling choice. Will it achieve a remarkable 30x growth? Keep an eye on its transformative journey!
2. Shiba Inu ($SHIB ): Meme Magic and Explosive Potential! 🐕✨
Shiba Inu (SHIB) takes center stage with its meme-based charm and the anticipation of a substantial surge. Trading at $0.000000001092 and eyeing the deletion of a zero, SHIB's affordability and speculative appeal make it an intriguing option. Positive trends in the broader crypto market, coupled with the SEC's Spot Bitcoin ETF approval, add to the optimism surrounding SHIB. For risk-tolerant investors seeking explosive growth, SHIB could be the meme magic that turns into a reality of 30x growth in 2024!
3. PancakeSwap ($CAKE ): Baking Success on Binance Smart Chain! 🥞🚀
PancakeSwap (CAKE) emerges as a DeFi powerhouse on the Binance Smart Chain, offering a decentralized exchange (DEX) experience with a strategic edge. The AMM model, lower fees, and faster transactions position PancakeSwap favorably against Ethereum-based counterparts.
🌐 Stay Informed, Stay Ahead! Follow The Blockopedia for Crypto Insights! 🚀📰
#tokensale #CryptoUpdate #trendingtoday #cryptocurrency #crypto2024
As we navigate the dynamic world of cryptocurrencies in 2024, opportunities for substantial gains are abound. Let's explore three tokens that stand out with the potential for a jaw-dropping 30X growth: Retik Finance ($RETIK), Shiba Inu ($SHIB ), and PancakeSwap ($CAKE ).
1. Retik Finance ($RETIK): Bridging the Gap for Decentralized Excellence! 🌍🚀
Retik Finance is reshaping the decentralized finance (DeFi) landscape, aiming to bridge the gap between crypto and fiat realms. With its comprehensive ecosystem, including the Retik Wallet, DeFi Debit Cards, and Retik Pay, it seamlessly fuses digital and traditional finance. The ongoing presale success, credible listings on platforms like CoinMarketCap and CoinGecko, and its unique positioning to enhance security and privacy make Retik Finance a compelling choice. Will it achieve a remarkable 30x growth? Keep an eye on its transformative journey!
2. Shiba Inu ($SHIB ): Meme Magic and Explosive Potential! 🐕✨
Shiba Inu (SHIB) takes center stage with its meme-based charm and the anticipation of a substantial surge. Trading at $0.000000001092 and eyeing the deletion of a zero, SHIB's affordability and speculative appeal make it an intriguing option. Positive trends in the broader crypto market, coupled with the SEC's Spot Bitcoin ETF approval, add to the optimism surrounding SHIB. For risk-tolerant investors seeking explosive growth, SHIB could be the meme magic that turns into a reality of 30x growth in 2024!
3. PancakeSwap ($CAKE ): Baking Success on Binance Smart Chain! 🥞🚀
PancakeSwap (CAKE) emerges as a DeFi powerhouse on the Binance Smart Chain, offering a decentralized exchange (DEX) experience with a strategic edge. The AMM model, lower fees, and faster transactions position PancakeSwap favorably against Ethereum-based counterparts.
🌐 Stay Informed, Stay Ahead! Follow The Blockopedia for Crypto Insights! 🚀📰
#tokensale #CryptoUpdate #trendingtoday #cryptocurrency #crypto2024
🚀350% Surge Predicted for Solana: Arbitrum and RebelSatoshi Show x150 Growth Potential 💥💰
In the dynamic realm of cryptocurrencies, a tidal wave of excitement is building, and three standout players are gearing up for an extraordinary journey. 🌐 Solana, the shining star, is projected to surge by a jaw-dropping 350%, while Arbitrum and RebelSatoshi (RBLZ) are not far behind, showing a potential x150 growth.
1. Solana's Stellar Surge: 350% on the Horizon! 🌟
Solana's trajectory in the crypto market has been nothing short of phenomenal, and the best is yet to come. A recent analysis by a renowned cryptocurrency expert predicts a staggering 350% surge for Solana. Rooted in robust technology offering high scalability and speed, Solana is not just a number; it's a revolution in blockchain efficiency.
2. Arbitrum: Unveiling the Dark Horse in DeFi! 🚀
Arbitrum, the unsung hero in the decentralized finance (DeFi) space, is making waves with its layer-2 solution for Ethereum. Tackling scalability issues, Arbitrum is gaining attention for reducing transaction fees and boosting transaction speeds.
3. RebelSatoshi (RBLZ): Memecoin with a Mission! 🚁
In the memecoin arena, RebelSatoshi (RBLZ) stands tall as a blend of humor and purpose. More than just a viral trend, RBLZ represents a rebellion against traditional financial systems. Positioned as the best memecoin, RebelSatoshi combines community engagement with market value growth.
With a strong community backing and a commitment to challenging the status quo, RBLZ emerges as a top crypto for investors seeking a crypto with a message.
📈 Don't Miss the Crypto Revolution: Invest Wisely! 💡🌐
As Solana, Arbitrum, and RebelSatoshi gear up for stellar performances, seize the opportunity to diversify your digital asset portfolio. Stay ahead of the game and ride the crypto wave! 🚀💰
🌐 For real-time updates and expert insights, follow The Blockopedia!
#CryptoSurgeTrend #CryptoSurge #trendingtoday #cryptocurrency #crypto2024
In the dynamic realm of cryptocurrencies, a tidal wave of excitement is building, and three standout players are gearing up for an extraordinary journey. 🌐 Solana, the shining star, is projected to surge by a jaw-dropping 350%, while Arbitrum and RebelSatoshi (RBLZ) are not far behind, showing a potential x150 growth.
1. Solana's Stellar Surge: 350% on the Horizon! 🌟
Solana's trajectory in the crypto market has been nothing short of phenomenal, and the best is yet to come. A recent analysis by a renowned cryptocurrency expert predicts a staggering 350% surge for Solana. Rooted in robust technology offering high scalability and speed, Solana is not just a number; it's a revolution in blockchain efficiency.
2. Arbitrum: Unveiling the Dark Horse in DeFi! 🚀
Arbitrum, the unsung hero in the decentralized finance (DeFi) space, is making waves with its layer-2 solution for Ethereum. Tackling scalability issues, Arbitrum is gaining attention for reducing transaction fees and boosting transaction speeds.
3. RebelSatoshi (RBLZ): Memecoin with a Mission! 🚁
In the memecoin arena, RebelSatoshi (RBLZ) stands tall as a blend of humor and purpose. More than just a viral trend, RBLZ represents a rebellion against traditional financial systems. Positioned as the best memecoin, RebelSatoshi combines community engagement with market value growth.
With a strong community backing and a commitment to challenging the status quo, RBLZ emerges as a top crypto for investors seeking a crypto with a message.
📈 Don't Miss the Crypto Revolution: Invest Wisely! 💡🌐
As Solana, Arbitrum, and RebelSatoshi gear up for stellar performances, seize the opportunity to diversify your digital asset portfolio. Stay ahead of the game and ride the crypto wave! 🚀💰
🌐 For real-time updates and expert insights, follow The Blockopedia!
#CryptoSurgeTrend #CryptoSurge #trendingtoday #cryptocurrency #crypto2024
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#BTC #ARB #ETH-ETF #Solana-SOL #trendingtoday
$BTC $SOL $BONK
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Athene Network - Download the app and using the code: {403a3e00d775} for free token rewards (Android/iOS)
Register using the code {403a3e00d775} and get extra tokens.
Claim Now.🎁🎊💶💶💵
Listing in binance soon.💹💹💹
So dont be late.
playStore Or App store (Athene Network)
Great opportunity get yourself register and claim your free tokens and huge rewards.
#BTC #ARB #ETH-ETF #Solana-SOL #trendingtoday
$BTC $SOL $BONK
hurry up friends 100% profit awaiting 💯
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Last day! Day 7 #GuessTheBinancePic and Win 500 USDT🎉
Earn points with each correct answer, the faster you answer correctly the higher the points, and get additional bonus points if you join in enlivening this game by participating in posting fun with the creative hashtag#GuessTheBinancePic on your Binance Square!
The top 50 with the highest points will win a shared prize of $500!
Remember to answer your guesses in the comments until 23.59 WIB today.
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#Write2Earn #trending #trendingtoday
Earn points with each correct answer, the faster you answer correctly the higher the points, and get additional bonus points if you join in enlivening this game by participating in posting fun with the creative hashtag#GuessTheBinancePic on your Binance Square!
The top 50 with the highest points will win a shared prize of $500!
Remember to answer your guesses in the comments until 23.59 WIB today.
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#Write2Earn #trending #trendingtoday
buy $UNFI 7.950
lev 10x
#UNFI/USDT #UNFI #Write2Earn #trending
lev 10x
#UNFI/USDT #UNFI #Write2Earn #trending
🚀 Gold’s 350% Surge After ETF Approval: Is Bitcoin Next in Line for $150,000 Boom?📈🌐
Exciting times ahead for crypto enthusiasts as Bitcoin ETFs secure regulatory approval from the SEC! 🎉 Similar to the transformative impact gold ETFs had on precious metals, Bitcoin ETFs are poised to revolutionize cryptocurrency investing, potentially propelling BTC to new heights. Let's delve into the parallels and possibilities.
1. Gold's ETF Success Story: A Glimpse into Bitcoin's Future?
Two decades ago, gold ETFs reshaped the precious metals market, introducing a new era of accessibility and simplicity for investors. The approval of gold ETFs triggered a remarkable surge, with gold prices soaring more than fourfold in just seven years. Fast forward to today, over $100 billion is invested in gold ETFs in the United States alone.
2. Bitcoin's Potential Double-Up: Eyes on $100,000!
Drawing parallels between gold's historical surge and the potential impact of Bitcoin ETFs, financial experts, including Standard Chartered, foresee a doubling of Bitcoin's price to reach $100,000. The swift development of the BTC ETF market suggests that these gains could unfold over a shorter period.
🔍 Analogy Insight: Bitcoin ETFs and Gold ETFs
Both democratize investing, making assets accessible to a broader audience.
Gold's historical surge post-ETF approval mirrors potential BTC price dynamics.
Swift development in the BTC ETF market hints at accelerated gains.
📈 Are You Ready for the Bitcoin Boom? Invest Wisely! 💡💰
As Bitcoin stands at the brink of a potential surge, savvy investors are eyeing the opportunities. With the approval of Bitcoin ETFs, institutional and retail investment is expected to flood into the crypto space. Brace yourselves for a transformative journey in the world of digital assets!
🌐 Stay ahead in the crypto game. Follow The Blockopedia for the latest market insights!
#ETFsApproval #BitcoinETFapproved #trendingtoday #cryptocurrency #crypto2024
Exciting times ahead for crypto enthusiasts as Bitcoin ETFs secure regulatory approval from the SEC! 🎉 Similar to the transformative impact gold ETFs had on precious metals, Bitcoin ETFs are poised to revolutionize cryptocurrency investing, potentially propelling BTC to new heights. Let's delve into the parallels and possibilities.
1. Gold's ETF Success Story: A Glimpse into Bitcoin's Future?
Two decades ago, gold ETFs reshaped the precious metals market, introducing a new era of accessibility and simplicity for investors. The approval of gold ETFs triggered a remarkable surge, with gold prices soaring more than fourfold in just seven years. Fast forward to today, over $100 billion is invested in gold ETFs in the United States alone.
2. Bitcoin's Potential Double-Up: Eyes on $100,000!
Drawing parallels between gold's historical surge and the potential impact of Bitcoin ETFs, financial experts, including Standard Chartered, foresee a doubling of Bitcoin's price to reach $100,000. The swift development of the BTC ETF market suggests that these gains could unfold over a shorter period.
🔍 Analogy Insight: Bitcoin ETFs and Gold ETFs
Both democratize investing, making assets accessible to a broader audience.
Gold's historical surge post-ETF approval mirrors potential BTC price dynamics.
Swift development in the BTC ETF market hints at accelerated gains.
📈 Are You Ready for the Bitcoin Boom? Invest Wisely! 💡💰
As Bitcoin stands at the brink of a potential surge, savvy investors are eyeing the opportunities. With the approval of Bitcoin ETFs, institutional and retail investment is expected to flood into the crypto space. Brace yourselves for a transformative journey in the world of digital assets!
🌐 Stay ahead in the crypto game. Follow The Blockopedia for the latest market insights!
#ETFsApproval #BitcoinETFapproved #trendingtoday #cryptocurrency #crypto2024
Bitcoin is Now Aiming for $50K 🎯
Bitcoin is poised to reach the $50,000 mark, driven by substantial capital inflows into various Bitcoin ETFs.
Get Free Crypto Here
The price trajectory of Bitcoin closely correlates with the robust performance and significant capital influx observed in ETFs. On the last trading day of the week, February 9, the price surged to $48,200, reflecting an almost 6% increase over seven days. This positive trend suggests that Bitcoin's approach to the $50,000 milestone is increasingly likely in the near future, bolstered by the strong and consistent performance of Bitcoin ETFs.
BitMEX data reveals that capital inflows into Bitcoin ETFs surged from around $68 million at the week's start to $541 million by Friday, marking the largest capital inflow since the ETF's inception. BlackRock remains at the forefront, concluding the week with a capital influx exceeding $250 million. Fidelity and ARK Invest closely follow with capital inflows of $188 million and $136 million, respectively. Grayscale's ETF, however, experienced a record low with over $51 million in capital inflows in a single day.
Bitcoin ETFs have now amassed over $10 billion in assets, with BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund leading the way, each managing Bitcoin holdings valued at over $3 billion.
Additional factors warrant consideration, including the anticipated recovery post-halving events, the Federal Reserve's monetary policies, and supply-demand dynamics. Currently, all indicators suggest that Bitcoin is entering a bullish price cycle.
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#Write2Earn #trending #trendingtoday #BTC/Update
Bitcoin is poised to reach the $50,000 mark, driven by substantial capital inflows into various Bitcoin ETFs.
Get Free Crypto Here
The price trajectory of Bitcoin closely correlates with the robust performance and significant capital influx observed in ETFs. On the last trading day of the week, February 9, the price surged to $48,200, reflecting an almost 6% increase over seven days. This positive trend suggests that Bitcoin's approach to the $50,000 milestone is increasingly likely in the near future, bolstered by the strong and consistent performance of Bitcoin ETFs.
BitMEX data reveals that capital inflows into Bitcoin ETFs surged from around $68 million at the week's start to $541 million by Friday, marking the largest capital inflow since the ETF's inception. BlackRock remains at the forefront, concluding the week with a capital influx exceeding $250 million. Fidelity and ARK Invest closely follow with capital inflows of $188 million and $136 million, respectively. Grayscale's ETF, however, experienced a record low with over $51 million in capital inflows in a single day.
Bitcoin ETFs have now amassed over $10 billion in assets, with BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund leading the way, each managing Bitcoin holdings valued at over $3 billion.
Additional factors warrant consideration, including the anticipated recovery post-halving events, the Federal Reserve's monetary policies, and supply-demand dynamics. Currently, all indicators suggest that Bitcoin is entering a bullish price cycle.
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#Write2Earn #trending #trendingtoday #BTC/Update
See original
It has been discovered FLOKI withdrawal From Binance with a very large amount of $FLOKI What will happen?
stay alert to the market.
#Write2Earn #trendingtoday #TrendingTopic
stay alert to the market.
#Write2Earn #trendingtoday #TrendingTopic
SOL experienced a correction alongside the broader crypto market sell-off, but data suggests more concerning reasons for the price drop.
Solana's native token, SOL, priced at $464, witnessed a 9% dip on January 18, hitting a low of $91.40. The continuous rejection at the $100 level persisted over the last 15 days. However, this shouldn't be a cause for extreme concern, considering that the total cryptocurrency market value failed to sustain above $1.6 trillion throughout 2024. Despite the recent setback, SOL recorded an impressive 84% gain in December, leading to investor concerns about the lack of positive momentum in the price.
FOMO surrounding Solana SPL token listings and airdrops fades away.
The FOMO (fear of missing out) that drove SOL's surge in December 2023 was triggered by the appreciation of Solana SPL token airdrops, including Jito (JTO), BONK, and Dogwifhat (WIF). This movement boosted demand for the Solana Saga token as some projects offered exclusive deals to these users. However, the tide seems to have turned, as BONK faced a 15% correction between January 17 and 18, while JTO experienced a 19% drop in the same period.
Another factor contributing to SOL's recent correction was the excessive optimism caused by the anticipation of airdrops. Some launches took longer than expected, while others provided only a temporary and short-lived boost to their decentralized applications (DApps), fading after the respective airdrop snapshots. Analysts and influencers created lists of the most promising opportunities, but almost none of the tokens achieved significant valuations and volumes.
In a December 12, 2023, X social media post, IcedKnife mentioned some expected releases in the Solana ecosystem, including Kamino, Drift, Tensor, Jupiter, Parcl, Marginfi, and many others.
#Solana-SOL #sol #Dapps #trendingtoday #TrendingTopic
Solana's native token, SOL, priced at $464, witnessed a 9% dip on January 18, hitting a low of $91.40. The continuous rejection at the $100 level persisted over the last 15 days. However, this shouldn't be a cause for extreme concern, considering that the total cryptocurrency market value failed to sustain above $1.6 trillion throughout 2024. Despite the recent setback, SOL recorded an impressive 84% gain in December, leading to investor concerns about the lack of positive momentum in the price.
FOMO surrounding Solana SPL token listings and airdrops fades away.
The FOMO (fear of missing out) that drove SOL's surge in December 2023 was triggered by the appreciation of Solana SPL token airdrops, including Jito (JTO), BONK, and Dogwifhat (WIF). This movement boosted demand for the Solana Saga token as some projects offered exclusive deals to these users. However, the tide seems to have turned, as BONK faced a 15% correction between January 17 and 18, while JTO experienced a 19% drop in the same period.
Another factor contributing to SOL's recent correction was the excessive optimism caused by the anticipation of airdrops. Some launches took longer than expected, while others provided only a temporary and short-lived boost to their decentralized applications (DApps), fading after the respective airdrop snapshots. Analysts and influencers created lists of the most promising opportunities, but almost none of the tokens achieved significant valuations and volumes.
In a December 12, 2023, X social media post, IcedKnife mentioned some expected releases in the Solana ecosystem, including Kamino, Drift, Tensor, Jupiter, Parcl, Marginfi, and many others.
#Solana-SOL #sol #Dapps #trendingtoday #TrendingTopic
𝟯 𝘁𝗵𝗶𝗻𝗴𝘀 𝘆𝗼𝘂 𝗺𝘂𝘀𝘁 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗯𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝗻 𝟮𝟬𝟮𝟰
1. From a demand perspective, the potential approval of a spot bitcoin ETF by the SEC is poised to facilitate the entry of numerous new investors looking to incorporate bitcoin exposure directly into their traditional investment portfolios. This approval eliminates the need for navigating the complexities of crypto exchanges, allowing investors to utilize a familiar investment vehicle – an ETF. Consequently, this development is anticipated to enhance liquidity and stability in bitcoin's price. Moreover, the SEC's green light signifies a significant milestone in establishing bitcoin's legitimacy within mainstream financial institutions.
2. Turning to the supply side, the scarcity of bitcoin undergoes an increment roughly every four years through halving events. During these events, the reward for Bitcoin miners is halved, resulting in a 50% reduction in the rate of new bitcoin issuance. With the upcoming halving expected in April 2024, the block reward is set to decrease from the current 6.25 BTC to 3.125 BTC.
3. Since the last halving on May 11, 2020, which reduced the block reward from 12.5 BTC to 6.25 BTC, bitcoin has demonstrated a compound annual growth rate of 52%.
Taken together, these factors present a compelling investment proposition for bitcoin and indicate a potential entry point. The implied value is approximately $62,000 per bitcoin in April 2024, reflecting a roughly 34% increase relative to the current price.
Source: Synthetic
#BTC #trendingtoday #Halving2024 #BitcoinETFapproved #BitcoinPrice2024
1. From a demand perspective, the potential approval of a spot bitcoin ETF by the SEC is poised to facilitate the entry of numerous new investors looking to incorporate bitcoin exposure directly into their traditional investment portfolios. This approval eliminates the need for navigating the complexities of crypto exchanges, allowing investors to utilize a familiar investment vehicle – an ETF. Consequently, this development is anticipated to enhance liquidity and stability in bitcoin's price. Moreover, the SEC's green light signifies a significant milestone in establishing bitcoin's legitimacy within mainstream financial institutions.
2. Turning to the supply side, the scarcity of bitcoin undergoes an increment roughly every four years through halving events. During these events, the reward for Bitcoin miners is halved, resulting in a 50% reduction in the rate of new bitcoin issuance. With the upcoming halving expected in April 2024, the block reward is set to decrease from the current 6.25 BTC to 3.125 BTC.
3. Since the last halving on May 11, 2020, which reduced the block reward from 12.5 BTC to 6.25 BTC, bitcoin has demonstrated a compound annual growth rate of 52%.
Taken together, these factors present a compelling investment proposition for bitcoin and indicate a potential entry point. The implied value is approximately $62,000 per bitcoin in April 2024, reflecting a roughly 34% increase relative to the current price.
Source: Synthetic
#BTC #trendingtoday #Halving2024 #BitcoinETFapproved #BitcoinPrice2024
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