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thesocialchronicles · 7 days ago

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A crypto trader known for predicting XRP’s surge past $1 now eyes Bonk and Yeti Ouro as the next big DeFi opportunities, with substantial growth potential on the horizon. A crypto trader who accurately predicted XRP’s recent rally past the $1 mark is now focusing on two promising DeFi assets, Bonk (BONK) and Yeti Ouro (YETIO). With XRP’s price action showing signs of continued bullish momentum, this trader’s focus has shifted to these emerging projects that could see substantial growth soon. XRP bullish momentum continues, rally to ATH? After predicting the XRP to break past $1, the trader has remained quite optimistic about the future of the digital asset. XRP rallied by 30% to break through its 2021 high of $1.96, which was successfully tested. This price action, along with the formation of a major ‘W’ pattern on the monthly chart, has opened up the possibility of XRP rising to $30 to $35 by 2025. Source X At press time, XRP was trading at $2.42, with many analysts predicting further upward movement. The trader urges holders to exercise vigilance and not fall prey to the price rise of XRP, suggesting that holders capitalize on the rally. ”As they say, there are no certainties in crypto, but the possibility of XRP hitting $35 by 2025 appears to be quite probable,” the trader said. Bonk rally: Is a breakout looming? Alongside XRP, the trader is also interested in Bonk, a Solana-based meme coin that has seen a surge in popularity in the last few months. Bonk has seen its price rise by over 100% since its listing on Coinbase due to high community engagement and a bold token distribution strategy. According to the experts, the price might rise even higher, with a short-term forecast at $0.0000545 and a long-term forecast at $0.000137. Source X The ongoing growth of Bonk’s Decentralized Exchange (DEX), known as BonkSwap, and its strategic position in the Solana ecosystem remain positive. Data from on-chain shows that whales have started paying attention to Bonk, as there has been massive outflow from exchanges, which is considered as a bullish signal. Yeti Ouro gains investor confidence during presale Concurrently, amid these rallies, another coin that has attracted the attention of holders in the crypto community is Yeti Ouro, a DeFi token with a gaming element integrated. The presale of the project has collected more than $1.15 million, with stage one sold out ahead of time, early investors are enjoying over 40% ROI. The tokens now sell for $0.017, with incentives for investors through staking rewards, token burn, and limited supply. The P2E game YetiGo, developed by Yeti Ouro, enhances its already strong appeal by being developed on Unreal Engine 5. It is a racing game that allows players to race and win and get incentives in the process. The development team behind the project consists of individuals who have previously worked on games such as Call of Duty and Spider-Man; they have focused on such aspects as fluid controls, destructible environments, and interactivity to make the game enjoyable to play. As there are only a few days left before the presale price increases, there is increased demand for YETIO tokens among holders. Analysts have projected that YETIO could reach $2.50 to $3.00 in 2025 as the ecosystem continues to expand. To learn more about Yeti Ouro community, visit the website, X, Telegram, and Discord. Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. 2024-12-16 12:30:00 https://crypto.news/app/uploads/2024/12/crypto-news-XRP-option01-1.webp

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shillingnft · 25 days ago

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Analyse Memecoins (+Make Thousands) How To Use Dexscreener to

Memecoins can be a wild ride in the crypto world. Some, like Dogecoin (DOGE) and Shiba Inu (SHIB), have experienced explosive growth in the previous crypto bull run back in 2021–2022.

Website Link https://coinvirally.com/

It is predicted that in 2024 there will be another bull run in crypto markets after the bitcoin halving happening on April 21, 2024. But before even the bull run began some meme coins like PEPE, DOGWIF, BONK, and FLOKI has shown significant growth benefiting most investors who bought the coins when they launched.

Investing in meme coins is a high risk since most can become shitcoins or rug pulls in a short time. If you’re interested in meme coins as well as altcoins, as much as we are then from here on out we will talk about how to mitigate risk by applying a couple of simple steps using Dexscreener which can be beneficial for you.

Website Link https://coinvirally.com/

What is Dexscreener?

Dexscreener is a web platform that gets data from various decentralized exchanges (DEXs) across different blockchains such as Ethereum, Solana, and Base. It allows you to track new token launches, view charts, analyze liquidity, analyze market cap, perform technical analysis, and see trading activity for memecoins and other tokens.

Steps to Analysing Memecoins

I know that it is almost useless to use technical analysis for meme coins since the rarely follow the technical analysis strategies. But there are some patterns and things such as fundamental analysis that you can perform using Dexscreener. These steps we’ve listed below will help you identify new memecoins with potential and mitigate the risk of getting into shitcoins that can be rug pulled anytime.

Finding New Memecoins

It’s true that every day more than over a hundred memecoins and shitcoins get listed or added to the world. However, some of these coins do have the potential to be groundbreaking. Here are the steps you can use to find a newly listed memecoin on Dexscreener.

Website Link https://coinvirally.com/

New Pairs: Click on “New Pairs” to see a list of recently launched tokens across all supported blockchains. You can sort this list by age (newest first) to find the latest meme coin launches. Filtering the List: Be cautious, as not all new coins are legitimate. To narrow down your search and focus on potentially more established

coins, you can use the following filters:

Age: Filter by a specific timeframe (e.g., 6–24 hours) to find memecoins that have been around for a little while and might have some traction.

Liquidity: Look for coins with a higher liquidity amount. This indicates a more established coin with more money available for trading. Platform: If you prefer a specific blockchain like Solana, you can filter by the platform to see only meme coins launched on that chain. Analyzing the Charts

Once you’ve identified a potentially interesting memecoin, take a closer look at its chart on Dexscreener. Here are some key things to consider:

Website Link https://coinvirally.com/

Liquidity Lock: Look for a green lock symbol next to the liquidity on the chart. This indicates that the liquidity is locked, preventing developers from rug-pulling the coin (suddenly selling all their coins and crashing the price).

Volume: Healthy volume is crucial. Look for coins with increasing or consistent volume bars at the bottom of the chart. This suggests a growing interest in the coin.

Price Trend: Avoid coins with a sustained downward price trend. Ideally, you want to see a coin that’s either consolidating or experiencing an upward trend.

Technical Analysis: While not covered in detail in the video, some users leverage technical analysis indicators on the chart to identify potential entry and exit points.

Website Link https://coinvirally.com/

Additional Research

Dexscreener provides a starting point, but further research is vital before investing. Look for the following:

Whitepaper: Does the coin have a well-defined purpose and roadmap? Then most likely it is going to be a good project. For instance, take Shibainu, they had a whitepaper and they are still

around and fighting to go up.

Audit: A crypto audit is a detailed report on the project, which only a few memecoins hold. This can state issues in the project and give an overall score for the project which can build confidence. Having an audit and receiving a good score is a good signal, especially for a memecoin project.

Website Link https://coinvirally.com/

#marketing agency #marketing automation #marketing #marketing strategy #marketing tips #100 days of productivity #business growth #business #branding #marketing digital

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shillingnftgrowth · 25 days ago

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Analyse Memecoins (+Make Thousands) How To Use Dexscreener to

Memecoins can be a wild ride in the crypto world. Some, like Dogecoin (DOGE) and Shiba Inu (SHIB), have experienced explosive growth in the previous crypto bull run back in 2021–2022.

Website Link https://coinvirally.com/

What is Dexscreener?

Steps to Analysing Memecoins

Finding New Memecoins

Website Link https://coinvirally.com/

coins, you can use the following filters:

Age: Filter by a specific timeframe (e.g., 6–24 hours) to find memecoins that have been around for a little while and might have some traction.

Once you’ve identified a potentially interesting memecoin, take a closer look at its chart on Dexscreener. Here are some key things to consider:

Website Link https://coinvirally.com/

Volume: Healthy volume is crucial. Look for coins with increasing or consistent volume bars at the bottom of the chart. This suggests a growing interest in the coin.

Price Trend: Avoid coins with a sustained downward price trend. Ideally, you want to see a coin that’s either consolidating or experiencing an upward trend.

Technical Analysis: While not covered in detail in the video, some users leverage technical analysis indicators on the chart to identify potential entry and exit points.

Website Link https://coinvirally.com/

Additional Research

Dexscreener provides a starting point, but further research is vital before investing. Look for the following:

Whitepaper: Does the coin have a well-defined purpose and roadmap? Then most likely it is going to be a good project. For instance, take Shibainu, they had a whitepaper and they are still

around and fighting to go up.

Website Link https://coinvirally.com/

#marketing #marketing agency #marketing automation #business growth #marketing digital #marketing strategy #business #agatha all along #agatha harkness #branding

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coinvirally · 25 days ago

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Analyse Memecoins (+Make Thousands) How To Use Dexscreener to

Memecoins can be a wild ride in the crypto world. Some, like Dogecoin (DOGE) and Shiba Inu (SHIB), have experienced explosive growth in the previous crypto bull run back in 2021–2022.

Website Link https://coinvirally.com/

What is Dexscreener?

Steps to Analysing Memecoins

Finding New Memecoins

Website Link https://coinvirally.com/

coins, you can use the following filters:

Age: Filter by a specific timeframe (e.g., 6–24 hours) to find memecoins that have been around for a little while and might have some traction.

Once you’ve identified a potentially interesting memecoin, take a closer look at its chart on Dexscreener. Here are some key things to consider:

Website Link https://coinvirally.com/

Volume: Healthy volume is crucial. Look for coins with increasing or consistent volume bars at the bottom of the chart. This suggests a growing interest in the coin.

Price Trend: Avoid coins with a sustained downward price trend. Ideally, you want to see a coin that’s either consolidating or experiencing an upward trend.

Technical Analysis: While not covered in detail in the video, some users leverage technical analysis indicators on the chart to identify potential entry and exit points.

Website Link https://coinvirally.com/

Additional Research

Dexscreener provides a starting point, but further research is vital before investing. Look for the following:

Whitepaper: Does the coin have a well-defined purpose and roadmap? Then most likely it is going to be a good project. For instance, take Shibainu, they had a whitepaper and they are still

around and fighting to go up.

Website Link https://coinvirally.com/

#blockchain #business #branding #marketing #marketing agency #marketing automation #bnb #telegram #coin #crypto

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coineagle · 1 month ago

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Bitcoin’s Reign Declines to 60%: Will DOGE and XRP Ignite the Altcoin Surge?

Key Points

Bitcoin’s dominance has fallen to 60%, failing to retest the $93,000 mark.

Altcoins such as Dogecoin, Ripple, and Bonk are gaining traction as Bitcoin’s price stalls.

Bitcoin’s dominance was expected to reach 65% on November 15th, but it fell short of retesting the $93,000 mark, causing a shift in market focus.

The stalling of Bitcoin’s price has led to altcoins, which have long been overshadowed by Bitcoin, to start gaining momentum. The question now is whether Bitcoin’s dominance will continue to decline as altcoins begin to rally.

Altcoins Gaining Traction

Bitcoin’s dominance has dropped to 60% at the time of writing, casting doubt on bullish predictions of a near-term $100,000 breakout. The RSI of 76 suggests that Bitcoin is in an overbought zone, which could signal an upcoming correction.

In contrast, altcoins are on the rise, as indicated by the Altcoin Season Index’s increase from 33 to 39. Top performers such as Ripple [XRP], Dogecoin [DOGE], and Bonk [BONK] are driving market interest.

Altcoin Market Momentum

As Bitcoin’s dominance drops to 60%, there’s a surge in momentum in the altcoin market, hinting at a potential shift towards an altcoin season. Tokens like Dogecoin, XRP, and Bonk have seen significant gains, as shown in the comparative performance chart.

Dogecoin has risen over 114.5%, spurred by increased trading volumes and renewed community enthusiasm. Ripple’s 100.6% rally reflects its sustained momentum post-legal clarity, positioning it as a top performer in the altcoin space. Bonk, a rising memecoin, has outperformed both with a 127.3% surge, demonstrating the power of speculative assets in driving market interest.

This rally across popular memecoins suggests growing confidence in altcoins as Bitcoin faces potential correction risks. If this trend continues, altcoin enthusiasts could witness a full-fledged rally, mirroring past cycles where Bitcoin corrections triggered a capital rotation into high-performing altcoins.

The Crypto Fear & Greed Index, currently at 83 (Extreme Greed), reflects heightened optimism in the market. Historically, such levels of extreme greed often precede corrections, as exuberant sentiment can lead to overbought conditions.

With Bitcoin’s RSI also suggesting potential overextension, the convergence of these signals indicates that the short-term price action might lean towards a pullback. In this environment, altcoins could further benefit as traders rotate capital away from Bitcoin to seek gains in assets showing relative undervaluation.

If Bitcoin struggles to reclaim its dominance, the current market dynamic may fuel an early-stage altcoin season, setting the stage for broader diversification in crypto portfolios. Navigating these market conditions will require a careful balance of optimism and caution, particularly for Bitcoin bulls anticipating a $100,000 breakout.

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tokenlauncher · 3 months ago

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Should You Invest in Someone Else's Token or Make Your Own Memecoin?

Introduction

Should You Invest in Someone Else's Token or Make Your Own Memecoin? This question is becoming increasingly relevant as memecoins gain traction in the cryptocurrency landscape. Memecoins like Dogecoin, Shiba Inu, and BONK Coin have surged in popularity, attracting investors with their humorous origins and vibrant communities.

Understanding the investment options and risks associated with memecoins is crucial. These assets are known for their high volatility and speculative nature, making informed decision-making essential for any investor.

The Solana blockchain is a great platform for both launching and trading memecoins. Its fast transaction speeds and low fees make it an attractive choice for those looking to capitalize on the memecoin trend.

Understanding Memecoins

Memecoins are a unique category of cryptocurrency inspired by internet memes. They often feature humorous and light-hearted themes, distinguishing them from traditional cryptocurrencies like Bitcoin and Ethereum.

Key Characteristics of Memecoins:

Community-Driven: Memecoins thrive on active community engagement and support.

High Volatility: Prices can fluctuate dramatically based on social media trends and public sentiment.

Low Intrinsic Value: Unlike many traditional cryptocurrencies, most memecoins lack real-world utility or intrinsic value.

Popular Examples:

Dogecoin

One of the earliest memecoins, Dogecoin started as a joke but gained significant popularity due to endorsements from celebrities like Elon Musk.

Shiba Inu

Often dubbed the "Dogecoin killer," Shiba Inu has built a strong community with its own decentralized exchange, ShibaSwap.

BONK Coin

A newer entrant in the memecoin market, BONK Coin has quickly garnered attention for its engaging community initiatives and viral marketing campaigns.

These examples highlight how memecoins leverage community impact and unique features to stand out in the crowded cryptocurrency market.

The Risks of Investing in Established Memecoins

Investing in memecoins comes with its own set of challenges and risks. Here are some key factors to consider before diving into this market:

1. High Volatility

The memecoin market is known for its extreme price fluctuations. These tokens can experience rapid increases or decreases in value, often influenced by social media trends, celebrity endorsements, and community hype. This volatility makes it difficult to predict returns and increases the risk of significant financial loss.

2. Lack of Intrinsic Value

Unlike traditional cryptocurrencies that may offer real-world utility or technological advancements, most memecoins lack intrinsic value. Their worth is primarily determined by community sentiment rather than any underlying assets or technology. This reliance on public opinion creates an unstable investment environment where emotions drive price movements.

3. Pump-and-Dump Schemes

The memecoin market is also susceptible to pump-and-dump schemes. In these schemes, dishonest individuals artificially inflate a token's price through misleading promotions or coordinated buying efforts, only to sell off their holdings at the peak, leaving unsuspecting investors with worthless assets. Falling victim to such manipulative tactics can result in substantial financial losses.

Understanding these risks is crucial before investing in established memecoins. While the potential for high returns may be enticing, it's important to balance this excitement with an awareness of the pitfalls involved. By considering these factors and conducting thorough research, you can make more informed investment decisions in this volatile market.

Advantages of Investing in Established Memecoins on Solana Blockchain

Investing in established memecoins on the Solana blockchain offers several compelling advantages. Here are some key points to consider:

1. Community Engagement

Being an active participant within a meme-based community on the Solana blockchain can be incredibly rewarding. Communities around memecoins like Dogecoin or BONK Coin tend to be highly engaged, providing a sense of belonging and shared purpose. This community engagement is a significant aspect of the memecoin investing experience.

2. Potential for Quick Profits

The low entry prices offered by established memecoins can lead to substantial returns if timed correctly. Many investors have seen significant gains by buying in early and riding the wave as the coin gains popularity. This potential for quick profits is especially notable with certain cat-themed memecoins that have gained traction recently.

3. Influence of Social Media Trends

Social media trends play a crucial role in the price movements of popular Solana-based tokens. Viral marketing campaigns and endorsements from influencers can drive rapid price increases, offering opportunities for savvy investors to capitalize.

Engaging with well-established memecoins on Solana also opens up opportunities such as participating in a Solana Airdrop. These events can distribute free tokens to holders, adding another layer of potential profit and engagement.

By understanding these factors, you can better navigate the unique landscape of Solana memecoins, which includes exploring top Solana meme coins for investment opportunities

Creating Your Own Successful Memecoin on Solana Blockchain: A Comprehensive Guide

Technical Aspects of Token Creation with Solana Token Creator Tool

Creating your own memecoin on the Solana blockchain is an exciting venture that offers several distinct advantages. The process can be streamlined using various tools available, particularly the Solana token generator and similar platforms.

Key Tools for Token Creation

Solana Token Creator: This tool simplifies the token creation process, allowing you to generate a new token with minimal technical knowledge. It provides an intuitive interface where you can define the basic parameters of your token, such as name, symbol, and total supply.

Instant Token Generators: Platforms like these are designed to be user-friendly, offering a quick setup for launching your memecoin. They automate many of the complex steps involved in token creation, making it accessible even for beginners.

Development Frameworks: For those with programming experience, frameworks like Solana's Anchor and Rust libraries offer more control and customization over the token's functionality and features. If you're interested in learning Rust in context to better utilize these libraries, resources such as this Reddit thread might be helpful.

Benefits of Using Instant Token Generators

Speed and Efficiency: Instant token generators significantly reduce the time required to launch a new token. What traditionally might take days or weeks can now be accomplished in a matter of minutes.

User-Friendly Interface: These tools are designed to cater to users with varying levels of technical expertise. Simplified interfaces guide you through each step, from setting up your wallet to deploying your token on the Solana blockchain.

Cost-Effective: Developing a custom token from scratch can be expensive due to development costs. Instant token generators offer a budget-friendly alternative without compromising on essential features.

Creating a memecoin involves not just technical aspects but also strategic planning around community engagement and marketing efforts.

Building a Strong Community Around Your Memecoin Project

Creating a vibrant community is crucial for the success of your memecoin. Effective marketing strategies play a significant role:

Social Media Campaigns: Leverage platforms like Twitter, Reddit, and Telegram to engage with potential investors. Use memes and viral content to attract attention.

Influencer Partnerships: Collaborate with influencers who align with your memecoin's brand.

Community Events: Host AMA (Ask Me Anything) sessions and giveaways to foster loyalty.

Transparent Communication: Regular updates about the project's progress keep the community informed and engaged.

Utilizing the Solana token generator tool in conjunction with these strategies ensures a robust foundation for your project.

Comparing Investment Strategies: Existing Tokens vs. Creating Your Own Memecoin on Solana Blockchain

When evaluating the investment strategies of investing in existing tokens versus creating a memecoin strategy, there are several factors to consider.

Investing in Established Solana-Based Tokens:

Pros:

Lower Risk: Established tokens often have a track record, making it easier to gauge their reliability and community support.

Liquidity: Popular tokens usually have higher trading volumes, offering better liquidity for quick entry and exit.

Passive Investment: You can participate in the market without the need for active management or extensive marketing efforts.

Cons:

Limited Control: You have no control over the token’s development or its community direction.

Market Saturation: Many established tokens face stiff competition, which can limit growth potential.

Creating Your Own Memecoin:

Pros:

Full Control: You can steer the project’s development, marketing strategy, and community engagement.

High Potential Returns: A successful memecoin can offer exponential growth, especially if it goes viral.

Innovation Flexibility: You have the freedom to introduce unique features and utilities that set your memecoin apart.

Cons:

High Initial Effort: Token creation demands significant time and technical expertise.

Marketing Challenges: Building a loyal community requires intensive marketing and constant engagement.

Higher Risk: New projects can fail to gain traction, resulting in financial loss.

Conclusion: Making Informed Decisions in the World of Memecoins

Investing in memecoins, whether established tokens or creating your own, requires thorough research and informed decision-making. The volatile nature of meme-based cryptocurrencies offers both lucrative opportunities and significant risks.

Always consider the community impact, market trends, and potential for manipulation when deciding "Should You Invest in Someone Else's Token or Make Your Own Memecoin?" Balancing these factors will help you navigate this dynamic market more effectively.

FAQs (Frequently Asked Questions)

What are memecoins and why are they popular in the cryptocurrency market?

Memecoins are a type of cryptocurrency that often derive their value from community engagement and viral marketing rather than intrinsic value. Popular examples include Dogecoin, Shiba Inu, and BONK Coin. Their popularity is largely attributed to social media trends and the unique communities that form around them.

What risks should I be aware of when investing in established memecoins?

Investing in established memecoins involves several risks, including high market volatility and the speculative nature of these assets. Many memecoins lack intrinsic value and rely heavily on community sentiment for price fluctuations. Additionally, investors may fall victim to market manipulation tactics such as pump-and-dump schemes.

What advantages does investing in established memecoins on the Solana blockchain offer?

Investing in established memecoins on the Solana blockchain can provide benefits such as community engagement, potential for quick profits due to low entry prices, and the influence of social media trends on price movements. Being part of a meme-based community can also enhance your investment experience.

How can I create my own successful memecoin on the Solana blockchain?

To create your own successful memecoin on the Solana blockchain, you can utilize tools like instant token generators. The process involves understanding token creation, engaging your target community, and implementing effective marketing strategies through social media campaigns to foster loyalty.

What are the pros and cons of investing in existing tokens versus creating your own memecoin?

Investing in existing tokens can offer immediate access to established communities and potentially quicker returns; however, it comes with risks inherent to market volatility. Creating your own memecoin allows for innovation and community building but requires more effort in terms of development and marketing.

Why is informed decision-making crucial when entering the world of memecoins?

Informed decision-making is essential in the volatile realm of meme-based cryptocurrencies because it helps investors understand the risks involved. Thorough research enables individuals to make educated choices about whether to invest in existing tokens or create their own, ultimately increasing their chances of success.

#investment #solana #defi #bitcoin #dogecoin #blockchain #crypto #token creation #token generator #currency

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blockchainfeed · 4 months ago

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Range-bound trading was not accompanied by steady BONK accumulation Momentum was bearish at press time and buyers would need to wait for a deeper dip before trying to go long BONK was unableThe post BONK price prediction - Identifying where the b #Blockchain #Crypto

#Blockchain #Crypto

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vophuocthien · 5 months ago

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Ethereum ETF Approval Sparks BUSAI and Market Frenzy

The crypto market gears up for a critical decision on the Spot Ethereum Exchange-Traded Fund (ETF), with particular focus on AI, meme, and prediction market assets. In this context, BUSAI, with its unique position in the market, stands to benefit from the surging optimism.

Ethereum ETF Decision: A New Era for Crypto Investment

The SEC’s recent approval of spot Ethereum ETFs marks a significant milestone for the cryptocurrency market. Beginning July 23, 2024, major U.S. exchanges will list these ETFs, providing mainstream investors with easier access to Ethereum.

Analysts forecast that these ETFs could drive Ethereum prices higher and attract up to $15 billion in new assets. This move follows the earlier approval of Bitcoin ETFs, which significantly impacted Bitcoin’s price and market participation. Ethereum ETFs are predicted to capture a portion of the inflows seen by Bitcoin ETFs, potentially driving Ethereum’s price to new highs.

Crypto Market Surge Ahead of Ethereum ETF Decision

The excitement surrounding the Ethereum ETF decision has triggered a notable rally in several crypto sectors. Tokens related to Artificial Intelligence (AI), meme coins—including cat-themed and Solana-based variants—and prediction market assets have all experienced impressive gains.

Within the AI token category, assets like CorgiAI (CORGIAI), Turbo (TURBO), Grok (GROK), and Kitten Haimer (KHAI) have demonstrated exceptional performance. CORGIAI has led the pack with a 43.8% increase, followed by TURBO and GROK with 25.6% and 5.9% gains, respectively. These tokens have sustained their positive momentum over the past week, reflecting the growing interest and investment in AI-driven crypto assets.

Similarly, cat-themed meme coins such as Popcat (POPCAT), Mog Coin (MOG), Cat in a Dog's World (MEW), and Wen (WEN) have enjoyed significant boosts. MOG and WEN, in particular, have seen notable gains of 40% and 10% over the past seven days, underscoring their growing appeal among investors.

Solana-based meme coins, including Dogwifhat (WIF), Bonk (BONK), BOOK OF MEME (BOME), and Myro (MYRO), have also contributed to the market rally. These tokens have registered impressive gains in the past 24 hours, with BONK and BOME sustaining their value over the past week.

The Fear and Greed Index, a sentiment analysis tool, reflects a state of "extreme greed" in the market. This heightened optimism is driving the rally but also suggests that investors should be cautious of potential market corrections or bubbles.

BUSAI's Strategic Position in a Growing Market

Currently, BUSAI is uniquely positioned to harness the surge in market enthusiasm. Combining the cultural appeal of meme tokens with cutting-edge AI investments, BUSAI effectively taps into two of the hottest trends in the crypto world.

By integrating AI technology with the attraction of meme culture, BUSAI not only attracts a diverse investor base but also stands out in a crowded market. As the popularity of AI tokens and meme coins continues to rise, BUSAI’s strategic focus aligns perfectly with these trends.

This innovative combination is expected to significantly enhance BUSAI’s value, capturing the interest of visionary investors who foresee a bright future for this dynamic coin. The presale has already garnered substantial attention, and many forward-thinking investors have eagerly joined.

The Phase 1 presale of BUSAI has concluded, but don’t worry — Phase 2 is coming soon. Be sure to seize this upcoming opportunity, as this phase promises to offer even more chances to engage with and benefit from BUSAI’s growth trajectory.

The Official Channel: Website | Twitter | Telegram

#digitalcurrency #ai #cryto #memecoin #blockchain

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harinibw · 6 months ago

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Ondo (ONDO) has seen a decline, trading at around $1.1768. It faces resistance at $1.2440, the 50% Fibonacci retracement level, and support at $1.1165, the 0.236 Fibonacci level. The MACD shows a bullish crossover, hinting at a potential positive shift, while the RSI at 53.46 indicates a balanced market. Traders should watch these Fibonacci levels for insights into support and resistance zones. A break above $1.2440 could test the $1.3822 level, suggesting a bullish reversal.

Despite a 1.26% decrease in ONDO’s value to $1.18, trading volume surged by 11.63%, with a market cap of approximately $1.64 billion, ranking it 56th. Analyst Crypto Jack sees a bullish breakout for Bonk (BONK), currently at $0.00002669, predicting a surge if it maintains momentum above a critical support level. Bonk’s price increased by 12.99%, with trading volume rising 87.25% to about $371.22 million.

#crypto #ondo #bullish #macd

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solanachain · 8 months ago

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Dogwifhat Coin Drops 10% as Experts Predict It Could Follow in the Footsteps of Bonk or Slerf

Dogwifhat Price Falls 10% as Meme Coin Market Faces Pressure The price of Dogwifhat (WIF) fell by 10% in the last 24 hours, trading at $2.93 as of 11:44 p.m. EST, with a 16% drop in trading volume to $575 million. This downward trend aligns with the overall meme coin market slump, as other prominent tokens like DOGE, SHIB, and PEPE also saw declines of 4%, 3%, and 3%, respectively. The market…

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bitcoincables · 11 months ago

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Arthur Hayes Reveals Altcoin Picks and Predicts Bitcoin Correction

Arthur Hayes, the former CEO of BitMEX, believes that Bitcoin's price will continue to decline and is prepared to invest in specific altcoins if that happens. He suggests that Bitcoin could experience a 30% correction from its recent high of $48,000 and expects a potential support level of around $33,600. Hayes has already made strategic moves, acquiring $35,000 strike puts and selling positions in Solana and Bonk. He believes that cryptocurrencies offer better insights into shifts in dollar liquidity compared to traditional financial markets and plans to engage in "bottom fishing" if Bitcoin falls below $35,000. Hayes mentioned his interest in investing in Solana and Dogwifhat, a meme asset on Ethereum's rival network. Currently, Dogwifhat has shown a 50% increase in the past 24 hours, while Solana has increased by 5.5%. However, the future price of Dogwifhat is uncertain as technical indicators are not providing clear signals.

Read the original article here.

Tags: Bitcoin, Altcoins, Cryptocurrency, Investment

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coinsavvy · 1 year ago

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What’s New in Cryptocurrency Today?

The cryptocurrency market is constantly evolving, with new developments, innovations and challenges emerging every day. In this blog post, we will highlight some of the most important and interesting news stories that happened in the crypto space today.

Central Bank of Nigeria Lifts Crypto Ban Following New SEC Regulation The Central Bank of Nigeria (CBN) has reversed its ban on dealing with companies involved in digital tokens, following the introduction of a new regulatory framework by the Securities and Exchange Commission (SEC). The SEC has classified cryptocurrencies as securities and has mandated registration and compliance for crypto service providers. This move is expected to boost the adoption and innovation of crypto in Nigeria, which is one of the largest markets for digital assets in Africa.

Bitcoin Price Prediction: BTC Dips Amid Market Moves and Satoshi Identity Revelations Bitcoin, the leading cryptocurrency by market capitalization, has experienced a minor dip, trading at $43,623 with a 0.83% decrease on Saturday. This shift in Bitcoin's price coincides with a rise in stocks and a decline in the dollar value as the long holiday weekend approaches. Moreover, some speculation has emerged about the identity of Satoshi Nakamoto, the anonymous creator of Bitcoin, after a website claimed to reveal his name and location. However, many experts and enthusiasts have dismissed this claim as another hoax.

People’s Bank of China Stresses on Global Regulation for Crypto and DeFi Markets China’s central bank has called on global financial authorities to regulate the digital asset and decentralized finance (DeFi) markets in its recent financial stability report. The People’s Bank of China (PBoC) has warned that crypto and DeFi pose risks to financial stability, consumer protection, anti-money laundering and cross-border capital flows. The PBoC has also reiterated its stance on cracking down on crypto mining and trading activities within its jurisdiction.

Multiple Crypto Influencers Struck By SIM Swap Attacks – Here Are The Details SIM swappers are beginning to target crypto influencers ahead of the holidays, with some taking control of their high-profile accounts on Twitter. Some include the accounts of crypto investment firm Manifold Trading and its founding partner, Jae Chung. SIM swapping is a type of cyberattack that involves transferring a victim's phone number to a new SIM card, allowing the attacker to access their online accounts. Crypto influencers are often targeted by SIM swappers who seek to steal their funds or scam their followers.

New Cryptocurrencies Listed Today And This Week | CoinMarketCap CoinMarketCap, one of the most popular platforms for tracking crypto prices and data, has added new cryptocurrencies to its list in the last 30 days. These new listings can offer a variety of opportunities for those interested in the space. Some of the new cryptocurrencies include Fluid (FLUID), Fuzion (FUZN), Aki Network (AKI), Blue Kirby (KIRBY), Felix 2.0 ETH (FELIX), SANTA CHRISTMAS INU (SANTA), Lemon Terminal (LEMON), Bonkinu (BONKINU), Grok Father (GROK FATHER), Cash Flash (CFT), Solabrador (SOBER), Solana Shib (SSHIB), analoS (ANALOS), Analysoor (ZERO), The Gm Machine (GM), Baby Bonk (BABYBONK), Eggdog (EGG), Syncus (SYNC), Baby Bob (BABYBOB), MainnetZ (NETZ), BABY CAT INU (BABYCAT), PAW (PAW), Wecan Group (WECAN), Papa Grok (PGROK), bemo staked TON (STTON), GrapeCoin (GRAPE), Bitcoin Cats (1CAT) and Eclipse Fi (ECLIP).

These are some of the most relevant and exciting news stories that happened in the crypto world today. Stay tuned for more updates and analysis on this fast-paced and dynamic industry.

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