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yes. your Analysis is good but you missed to mention the stop loss area ..
crypto_sis
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congratulations #BNB smashed its new All time High and currently trading above $1000 will bnb compete with Ethereum coin???? $BNB #BNBBreaks1000 #BNBChainEcosystemRally #BinanceHODLerBARD #ALTCOİNS #GoldHitsRecordHigh
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yes bacuse all are wise now....
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Why The crypto Market is Crashing Badly? I am sure everyone is worrying about this recent crash. Billions of dollars wiped out from Crypto Market in 24 Hours. There are 2 reasons of Cryptocurrency Market crash. 1. U.S imposed the 25% tax on the imports from Mexico and Canada and China. Goods from these countries will be subject to tariffs of 25% which can led to Trade war. Investors are taking out their investment from crypto and Stock Market and thinking to invest other safe assets like bonds. 2. Kraken to Delist USDT Stable coin Kraken cryptocurrency Exchange, is planning to remove tether usdt along with PayPal usd ( PYUSD) Euro tether ( EURT) TRUEUSD ( TUSD) and Terra classic USD ( UST) on 31st March. These 2 Negative news trigger the selling pressure into the market and people are seeking for safe assets. What do you think, will US Negotiate about this issue with Mexico, Canada and China? #BitcoinVsTariffs #crypto #cryptocrash #USDT #altcoins @Binance Square Official $BTC
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What are Crypto Rug Pulls? How to Avoid Meme Coin Rug Pulls? Just Imagine, You have invested in any meme coin but suddenly all of your investment become zero. This is the clear sign of Rug pull where 99% and sometimes 100% of your money vanish within couple of seconds. In this post, I will explain you how can we identify the rug pulls before investing in any cryptocurrency. Major Signs of Rug Pulls. Invesment Disappeare within seconds You are in front of your mobile screen and dreaming about big profit because you just invested in meme coin. But all of sudden your invesment gone and you are surprised, what happened? The answer is, You have become the victim of Rug Pull. Lack of Liquidity. You are watching the meme coin price is going high and You just pressed the sell Button but you are unable to sell it because there is no buyer in the market and your funds become devalue. This is called lack of liquidity or No Liquidity. How to identify Rug Pull Traps High Token Holding Sometime creator/team hold large quantity of coins. They can sell it for profit. Once they sell large portion of the coins then panic selling starts and you funds start to loose its value. Mintable Tokens Creator of the token enable the option to mint unlimited tokens in future while creating the token. They mint more and more tokens over the time and value of your investment decrease. Tax Manipulation in buy and sell. You spent 100 dollars to buy token. Order executed but you got the tokens worth of 20 dollars or less. What does it means? Creator of the token can modify the tax percentage anytime and your funds evaporates How to Avoid Rug Pull Always check the liquidity, smart contract, maximum and supply of the tokens. You can check it through rugcheck or bireye tools. You must check the number of wallets who are holding the coins. if few wallets are holding large chunk of the coins then this is a red alert Check the presence on social media platfrom like twitter, instagram or youtube of meme coin. If there is not active community then avoid it @Binance #Binance
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Solana VS Ethereum: Could Solana overtake Ethereum in 2024? Everyone is talking about Solana now a days. In the bearish cycle Solana is performing well than Ethereum which is most popular cryptocurrency and currently ranking at 2 by its market cap. Many Market experts are believing if Solana coin price jumps above $200 then Solana price will become unstoppable. On the other hand volume is also increasing in both crypto assets Ethereum and Solana which shows institutional investors are having interest in both of them. Well who will wins this race in 2024? Let's see the technical aspects of both cryptocurrencies. Solana VS Ethereum Solana was launched in 2020 while Ethereum was born in 2015. Both platform support smart contracts but both have different strengths and weakness. Let's dive Into it Transaction Speed ( sol VS Eth) Ethereum handles 45 transactions per second while Solana can handle up to 29,000 TPS. Here Solana wins Transaction Fees Transaction fees for Ethereum can be several dollars while Solana transaction fees is few cents. Solana again stand up here. Consensus Mechanism Ethereum uses PROOF OF stake and Solana uses the POH ( proof of history) + POS mechanism. Solana has a upper hand here too Ecosystem Here Ethereum wins, Ethereum has a large, well established ecosystem and Solana is a growing blockchain and usually focus on speed and low cost Stability Ethereum blockchain is generally stable, but Solana has to experienced downtime sometime. As we can see both have their own strength and weakness. Let's see their price actions Solana and Ethereum Price Action. Solana's Current price is $154 and Ethereum is currently trading at $2650. In this long bearish cycle, Solana is recovering rapidly in term of price than Ethereum. Market Analyst believe, if Solana price break above $200 then next Target can be above 350 dollars in 2024 while Ethereum is having stiff resistance at $2950. Solana can outperform in 2024. Both Crypto Assets are available for trading on Binance Exchange. @Binance
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