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🤩We are excited to announce that we are getting Binance 6th Anniversary gifts 🎁 Thanks a lot #binance team What’s in the box📦 ~ Mini Luggage ~ Hoodies ~ Yoga Mat ~ Zipper Pouch #Binanceturns6
🤩We are excited to announce that we are getting Binance 6th Anniversary gifts 🎁

Thanks a lot #binance team

What’s in the box📦

~ Mini Luggage

~ Hoodies

~ Yoga Mat

~ Zipper Pouch

#Binanceturns6
ترجمة
Kamala Harris Responds to Biden’s Exit; A Look at Her Career and Running MatesAfter President Joe Biden announced he is stepping down from the 2024 race, Vice President Kamala Harris thanked him on X and expressed her goal to win the nomination. As the first female, Black, and South Asian Vice President, she could make more history. Let’s explore her career and possible running mates. Kamala Harris: A Journey Through Her Career and Heritage Kamala Devi Harris was born in California to Shyama Gopalan, a Tamil biologist from India, and Donald J Harris, a Jamaican-American professor. After her parents’ divorce, she lived with her mother and sister in various places before attending Howard University, where she earned a degree in political science and economics. Harris began her legal career after graduating from law school and became a member of the bar association in 1990. She started as a deputy district attorney in California and was elected as the district attorney of San Francisco in 2003. Later, she served two terms as California’s Attorney General, beginning in 2010. In 2017, Harris was elected as a US Senator from California, making her the second African American and first South Asian woman to serve in the Senate. She was known for her work on tax and health reforms, immigrant citizenship, and gun control laws. In 2020, Harris ran for the US presidential elections but withdrew to support Democratic nominee Joe Biden, who selected her as his Vice President. Kamala Harris’s Presidential Bid: Potential Running Mates and Key Factors Kamala Harris now faces former President Donald Trump in her bid for the presidency. If she wins both the nomination and the election, she would make history as the first Indian-origin and first woman President of the United States. Her Indian heritage is expected to be a significant factor in the election, particularly as Republican Vice Presidential nominee JD Vance’s wife, Usha Vance, is also of Indian origin. With Harris entering the presidential race, speculation has begun about her choice for a Vice President. One potential running mate is Arizona Senator Mark Kelly, who, following Biden’s endorsement of Harris, expressed support on X, stating, “Kamala Harris is the right person to defeat Donald Trump and lead the country into the future.” Kelly, elected in December 2020 to complete John McCain’s term, is a Navy veteran and former NASA astronaut. Another possible choice is North Carolina Governor Roy Cooper, who has also endorsed Harris. Cooper, a lawyer by training, served as Attorney General before becoming Governor in 2016 and winning re-election in 2020. He has focused on tackling the opioid crisis and establishing children’s health insurance in North Carolina. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.

Kamala Harris Responds to Biden’s Exit; A Look at Her Career and Running Mates

After President Joe Biden announced he is stepping down from the 2024 race, Vice President Kamala Harris thanked him on X and expressed her goal to win the nomination.
As the first female, Black, and South Asian Vice President, she could make more history. Let’s explore her career and possible running mates.
Kamala Harris: A Journey Through Her Career and Heritage
Kamala Devi Harris was born in California to Shyama Gopalan, a Tamil biologist from India, and Donald J Harris, a Jamaican-American professor. After her parents’ divorce, she lived with her mother and sister in various places before attending Howard University, where she earned a degree in political science and economics.
Harris began her legal career after graduating from law school and became a member of the bar association in 1990. She started as a deputy district attorney in California and was elected as the district attorney of San Francisco in 2003. Later, she served two terms as California’s Attorney General, beginning in 2010.
In 2017, Harris was elected as a US Senator from California, making her the second African American and first South Asian woman to serve in the Senate. She was known for her work on tax and health reforms, immigrant citizenship, and gun control laws.
In 2020, Harris ran for the US presidential elections but withdrew to support Democratic nominee Joe Biden, who selected her as his Vice President.
Kamala Harris’s Presidential Bid: Potential Running Mates and Key Factors
Kamala Harris now faces former President Donald Trump in her bid for the presidency. If she wins both the nomination and the election, she would make history as the first Indian-origin and first woman President of the United States. Her Indian heritage is expected to be a significant factor in the election, particularly as Republican Vice Presidential nominee JD Vance’s wife, Usha Vance, is also of Indian origin.
With Harris entering the presidential race, speculation has begun about her choice for a Vice President. One potential running mate is Arizona Senator Mark Kelly, who, following Biden’s endorsement of Harris, expressed support on X, stating, “Kamala Harris is the right person to defeat Donald Trump and lead the country into the future.” Kelly, elected in December 2020 to complete John McCain’s term, is a Navy veteran and former NASA astronaut.
Another possible choice is North Carolina Governor Roy Cooper, who has also endorsed Harris. Cooper, a lawyer by training, served as Attorney General before becoming Governor in 2016 and winning re-election in 2020. He has focused on tackling the opioid crisis and establishing children’s health insurance in North Carolina.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
ترجمة
WazirX Offers $23M Reward to Recover $230M Stolen in Wallet BreachIndian cryptocurrency exchange WazirX has introduced a $23 million bounty program to recover $230 million lost in a recent wallet breach. The breach impacted their multisig Ethereum wallet, causing significant losses and forcing the exchange to halt withdrawals and trading. To tackle this, WazirX is asking white hat hackers, blockchain experts, and cybersecurity professionals around the world to assist in retrieving the stolen funds. WazirX Launches $23M Bounty Program for Crypto Recovery WazirX’s bounty program has two main components: “Track & Freeze” and “White Hat Recovery.” The “Track & Freeze” initiative offers rewards of up to $10,000 in USDT for information that leads to freezing the stolen assets. The “White Hat Recovery” initiative promises ethical hackers a 10% reward of the recovered amount, which could be as high as $23 million, making it one of the largest bounties in the crypto industry. The program will run for three months, with possible adjustments depending on progress. Those interested in participating should email bounty@wazirx.com with their intent, contact details, and a detailed submission including addresses, transactions, and methods used for tracking and recovering the stolen funds. WazirX’s Ongoing Efforts to Recover Stolen Funds Despite the hurdles, WazirX is dedicated to recovering the stolen assets. Co-founder Nischal Shetty emphasized that their top priority is to reclaim the lost funds. The company initially claimed that the breached wallet was managed by Liminal’s digital asset custody and wallet infrastructure. However, Liminal disputed this, stating their investigation found the hack stemmed from three compromised devices at WazirX’s end. Recovering the stolen funds is challenging due to blockchain’s anonymity and irreversible transactions. The stolen assets were quickly converted into Ethereum and other cryptocurrencies, then spread across multiple addresses. Privacy tools like Tornado Cash further obscure the transactions, making it extremely difficult to trace the stolen funds. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #wazirX

WazirX Offers $23M Reward to Recover $230M Stolen in Wallet Breach

Indian cryptocurrency exchange WazirX has introduced a $23 million bounty program to recover $230 million lost in a recent wallet breach. The breach impacted their multisig Ethereum wallet, causing significant losses and forcing the exchange to halt withdrawals and trading.
To tackle this, WazirX is asking white hat hackers, blockchain experts, and cybersecurity professionals around the world to assist in retrieving the stolen funds.
WazirX Launches $23M Bounty Program for Crypto Recovery
WazirX’s bounty program has two main components: “Track & Freeze” and “White Hat Recovery.” The “Track & Freeze” initiative offers rewards of up to $10,000 in USDT for information that leads to freezing the stolen assets. The “White Hat Recovery” initiative promises ethical hackers a 10% reward of the recovered amount, which could be as high as $23 million, making it one of the largest bounties in the crypto industry.
The program will run for three months, with possible adjustments depending on progress. Those interested in participating should email bounty@wazirx.com with their intent, contact details, and a detailed submission including addresses, transactions, and methods used for tracking and recovering the stolen funds.
WazirX’s Ongoing Efforts to Recover Stolen Funds
Despite the hurdles, WazirX is dedicated to recovering the stolen assets. Co-founder Nischal Shetty emphasized that their top priority is to reclaim the lost funds.
The company initially claimed that the breached wallet was managed by Liminal’s digital asset custody and wallet infrastructure. However, Liminal disputed this, stating their investigation found the hack stemmed from three compromised devices at WazirX’s end.
Recovering the stolen funds is challenging due to blockchain’s anonymity and irreversible transactions. The stolen assets were quickly converted into Ethereum and other cryptocurrencies, then spread across multiple addresses. Privacy tools like Tornado Cash further obscure the transactions, making it extremely difficult to trace the stolen funds.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#wazirX
ترجمة
Chainlink Aims for $14.6 Breakout; $33 TargetChainlink (LINK) is currently re-accumulating around $14.8, which suggests a potential breakout is on the horizon. This re-accumulation phase indicates a significant move could be forthcoming, with target prices set at $26.5 and $33. LINK’s strong fundamentals and growing adoption support its bullish outlook, positioning it for a possible breakout. Chainlink Poised for Potential Breakout Chainlink (LINK) is showing promising signs of a potential breakout. Currently, LINK is re-accumulating at a key resistance zone of $14.8 on the daily chart. This setup suggests that LINK is poised for significant upward movement, with analysts noting that breaking above this level could trigger a substantial rally. The $14.8 resistance zone has been crucial for LINK. According to Whale Crypto Trading, profit targets are set at $26.5 and $33. During the re-accumulation phase, investors consolidate their positions in preparation for the next major move, which often precedes a breakout, as seen in previous market cycles. The anticipation of a breakout is supported by Chainlink’s strong fundamentals and increasing adoption. Chainlink, a decentralized oracle network, allows smart contracts to securely interact with real-world data. This unique functionality has established Chainlink as a critical component in the blockchain ecosystem, driving its demand and value. Chainlink’s Breakout Potential and Key Resistance Levels The daily chart for Chainlink (LINK) reveals a clear pattern of higher lows, signaling strong buying interest at lower levels. The resistance at $14.8 has been tested several times, and each test increases the likelihood of a breakout. Investors are closely monitoring LINK’s price action, as a breakout above $14.8 could lead to a swift rise toward the profit targets. The first target of $26.5 represents a notable gain from current levels, while the second target of $33 suggests even greater upside potential. Currently, LINK is trading at $14.3, with a trading volume of $417.8 million in the past 24 hours. Chainlink has seen daily and weekly price gains of 4.13% and 1.83%, respectively. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #LINK #Chainlink

Chainlink Aims for $14.6 Breakout; $33 Target

Chainlink (LINK) is currently re-accumulating around $14.8, which suggests a potential breakout is on the horizon. This re-accumulation phase indicates a significant move could be forthcoming, with target prices set at $26.5 and $33.
LINK’s strong fundamentals and growing adoption support its bullish outlook, positioning it for a possible breakout.
Chainlink Poised for Potential Breakout
Chainlink (LINK) is showing promising signs of a potential breakout. Currently, LINK is re-accumulating at a key resistance zone of $14.8 on the daily chart. This setup suggests that LINK is poised for significant upward movement, with analysts noting that breaking above this level could trigger a substantial rally.

The $14.8 resistance zone has been crucial for LINK. According to Whale Crypto Trading, profit targets are set at $26.5 and $33. During the re-accumulation phase, investors consolidate their positions in preparation for the next major move, which often precedes a breakout, as seen in previous market cycles.
The anticipation of a breakout is supported by Chainlink’s strong fundamentals and increasing adoption. Chainlink, a decentralized oracle network, allows smart contracts to securely interact with real-world data. This unique functionality has established Chainlink as a critical component in the blockchain ecosystem, driving its demand and value.
Chainlink’s Breakout Potential and Key Resistance Levels
The daily chart for Chainlink (LINK) reveals a clear pattern of higher lows, signaling strong buying interest at lower levels. The resistance at $14.8 has been tested several times, and each test increases the likelihood of a breakout.
Investors are closely monitoring LINK’s price action, as a breakout above $14.8 could lead to a swift rise toward the profit targets. The first target of $26.5 represents a notable gain from current levels, while the second target of $33 suggests even greater upside potential.
Currently, LINK is trading at $14.3, with a trading volume of $417.8 million in the past 24 hours. Chainlink has seen daily and weekly price gains of 4.13% and 1.83%, respectively.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#LINK #Chainlink
ترجمة
BNB Chain Burns $970M in Latest Token EventBNB Chain has burned 1.64 million BNB, valued at $971 million, which has boosted the token’s value. This quarterly burn reduces the supply of BNB, enhancing its scarcity and overall value. The $971 million burn underscores BNB Chain’s commitment to its tokenomics strategy. BNB Chain recently completed its 28th quarterly token burn, removing 1,643,698.8 BNB from circulation. Worth about $971 million, this is one of the largest burns in the network’s history. BNB Chain Completes 28th Quarterly Token Burn BNB Chain has completed its 28th quarterly BNB token burn, removing a total of 1,643,698.8 BNB, valued at approximately $971 million. This burn is a key part of BNB Chain’s economic model, aimed at reducing the total supply of tokens and increasing the value of those remaining. The quarterly burns are conducted following a well-established protocol designed to enhance scarcity and promote long-term price appreciation. Token burns are not random; they are meticulously planned to benefit the BNB community and investors. By lowering the total supply, BNB Chain creates a deflationary effect that could boost the token’s value over time. Despite market fluctuations, BNB has remained resilient and continues to be one of the top cryptocurrencies by market capitalization. The $971 million burn highlights the network’s dedication to its tokenomics strategy and its confidence in BNB’s future. Binance Emphasizes Token Burns and BNB Chain’s Expansion Binance, the company behind BNB Chain, has consistently stressed the significance of its token burns. CEO Changpeng Zhao (CZ) frequently highlights how these burns contribute to driving value for token holders. The transparency and regularity of these burns have built trust and optimism within the BNB community. In recent months, BNB Chain has introduced several upgrades and partnerships aimed at broadening its utility and adoption. The platform has been expanding its offerings across DeFi projects and NFT marketplaces, attracting a diverse range of developers and users. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #BNBChain⚡️ #Burn

BNB Chain Burns $970M in Latest Token Event

BNB Chain has burned 1.64 million BNB, valued at $971 million, which has boosted the token’s value. This quarterly burn reduces the supply of BNB, enhancing its scarcity and overall value. The $971 million burn underscores BNB Chain’s commitment to its tokenomics strategy.
BNB Chain recently completed its 28th quarterly token burn, removing 1,643,698.8 BNB from circulation. Worth about $971 million, this is one of the largest burns in the network’s history.
BNB Chain Completes 28th Quarterly Token Burn
BNB Chain has completed its 28th quarterly BNB token burn, removing a total of 1,643,698.8 BNB, valued at approximately $971 million. This burn is a key part of BNB Chain’s economic model, aimed at reducing the total supply of tokens and increasing the value of those remaining. The quarterly burns are conducted following a well-established protocol designed to enhance scarcity and promote long-term price appreciation.
Token burns are not random; they are meticulously planned to benefit the BNB community and investors. By lowering the total supply, BNB Chain creates a deflationary effect that could boost the token’s value over time.
Despite market fluctuations, BNB has remained resilient and continues to be one of the top cryptocurrencies by market capitalization. The $971 million burn highlights the network’s dedication to its tokenomics strategy and its confidence in BNB’s future.
Binance Emphasizes Token Burns and BNB Chain’s Expansion
Binance, the company behind BNB Chain, has consistently stressed the significance of its token burns. CEO Changpeng Zhao (CZ) frequently highlights how these burns contribute to driving value for token holders. The transparency and regularity of these burns have built trust and optimism within the BNB community.
In recent months, BNB Chain has introduced several upgrades and partnerships aimed at broadening its utility and adoption. The platform has been expanding its offerings across DeFi projects and NFT marketplaces, attracting a diverse range of developers and users.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#BNBChain⚡️ #Burn
ترجمة
Solana Aims for $250 After 40% JumpSolana’s price action shows a double bottom pattern with a key level at $180. The rising ADX line in the DMI indicator indicates growing momentum in the trend. If Solana’s price breaks above $180, it could rise to $250. As the crypto market recovers and aims for a new all-time high in 2024, the altcoin sector is becoming increasingly active. With Bitcoin trading at $67,913, the overall market could soon regain its $3 trillion valuation. During this recovery, the Solana ecosystem is growing quickly, and the SOL price might soon break above the $200 mark. The question now is whether Solana will have a breakout rally and surpass $200 in July 2024. Solana’s Price Surge and Breakout Potential In the past two weeks, Solana’s price has surged by 40%, climbing from $131 to $184. It has recently pulled back slightly by 1.69%, now trading at $181. Solana holds the #5 spot with a market cap of $84.25 billion and ranks #3 in the DeFi sector with a total value locked (TVL) of $5.39 billion. The price recovery from the $130 demand zone has created a double bottom pattern, with the neckline at $185. Given the recent streak of four bullish candles, a breakout rally above $200 is highly likely. The 75% increase in trading volume, reaching $3.25 billion, adds strength to the potential for further gains. The daily RSI has reached a borderline overbought zone due to a significant recent jump. However, the absence of bearish divergence suggests that the uptrend could continue, supported by strong demand in the recovering market. The DMI indicator shows an uptick in the ADX line following a bullish crossover of the VI lines, further enhancing Solana’s breakout prospects. Solana’s Path to $250: Key Technical Levels Examining the correction phase with Fibonacci levels reveals that the double bottom neckline is just 15 points below the $200 level. The current recovery trend is poised to break through this neckline, potentially unleashing momentum that could push the price above $200. Based on Fibonacci levels and the double bottom pattern, the uptrend in Solana’s price has the potential to reach $250. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #SOL #Solana

Solana Aims for $250 After 40% Jump

Solana’s price action shows a double bottom pattern with a key level at $180. The rising ADX line in the DMI indicator indicates growing momentum in the trend. If Solana’s price breaks above $180, it could rise to $250.
As the crypto market recovers and aims for a new all-time high in 2024, the altcoin sector is becoming increasingly active. With Bitcoin trading at $67,913, the overall market could soon regain its $3 trillion valuation. During this recovery, the Solana ecosystem is growing quickly, and the SOL price might soon break above the $200 mark. The question now is whether Solana will have a breakout rally and surpass $200 in July 2024.
Solana’s Price Surge and Breakout Potential
In the past two weeks, Solana’s price has surged by 40%, climbing from $131 to $184. It has recently pulled back slightly by 1.69%, now trading at $181. Solana holds the #5 spot with a market cap of $84.25 billion and ranks #3 in the DeFi sector with a total value locked (TVL) of $5.39 billion.

The price recovery from the $130 demand zone has created a double bottom pattern, with the neckline at $185. Given the recent streak of four bullish candles, a breakout rally above $200 is highly likely.
The 75% increase in trading volume, reaching $3.25 billion, adds strength to the potential for further gains.
The daily RSI has reached a borderline overbought zone due to a significant recent jump. However, the absence of bearish divergence suggests that the uptrend could continue, supported by strong demand in the recovering market.
The DMI indicator shows an uptick in the ADX line following a bullish crossover of the VI lines, further enhancing Solana’s breakout prospects.
Solana’s Path to $250: Key Technical Levels
Examining the correction phase with Fibonacci levels reveals that the double bottom neckline is just 15 points below the $200 level. The current recovery trend is poised to break through this neckline, potentially unleashing momentum that could push the price above $200.
Based on Fibonacci levels and the double bottom pattern, the uptrend in Solana’s price has the potential to reach $250.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#SOL #Solana
ترجمة
New ETF Combining Bitcoin; Ethereum and Solana Launching SoonThe President of The ETF Store has indicated that issuers might soon apply for a new ETF combining Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Solana, now the fifth-largest cryptocurrency by market cap, is increasingly seen as part of the crypto industry’s Big Three alongside Bitcoin and Ethereum. With Bitcoin and Ethereum either having or about to have spot ETFs, it’s likely that Solana will also receive this treatment. Such an ETF could have a significant impact on Solana’s market, potentially even more so than the effects seen with Bitcoin and Ethereum’s ETFs. Surge in Spot Crypto ETFs Boosts Market and Investor Interest This year has seen a dramatic rise in spot crypto ETFs, drawing billions from investors. The approval of spot Bitcoin ETFs on January 11 rekindled optimism in the market and paved the way for similar products for Ethereum. The success of Bitcoin ETFs has not only heightened interest in Ethereum but also driven Bitcoin prices up to $74,000. With Bitcoin and Ethereum ETFs already launched, the possibility of additional crypto exchange-traded products, including a potential ETF for Solana, is now on the horizon. The initial success of these ETFs demonstrates a strong investor demand for diverse options and managed crypto investments. New Spot ETFs for Major Cryptocurrencies May Be on the Horizon In a recent tweet, Nate Geraci, president of The ETF Store, suggested that issuers might soon apply for spot ETFs combining major cryptocurrencies such as Bitcoin, Ethereum, and Solana. This development is anticipated to provide investors with diversified exposure to top-performing digital assets, highlighting the growing interest and maturity in the crypto market. Geraci also pointed out that the ETF industry is rapidly moving towards adopting both index-based and actively managed cryptocurrency ETFs. This shift reflects an increasing demand for diversified and strategically managed crypto investment options. By merging key cryptocurrencies like Bitcoin, Ethereum, and Solana into a single ETF, investors could gain access to a broader range of assets. This approach could potentially lower risk and enhance the appeal of crypto investments. Crypto ETFs Signal Major Shift in Investment Perspective The rise of crypto ETFs represents a significant change in how cryptocurrencies are perceived, transitioning from being viewed solely as speculative assets to becoming an integral part of investment portfolios. Increased involvement from financial institutions is adding credibility to crypto assets and validating their place in traditional investment strategies. This positive shift has had a notable impact on the crypto market. Currently, Bitcoin is trading at $67,878, Ethereum is around $3,514, and Solana is valued at $181. This boost reflects the growing acceptance and stability of cryptocurrencies within the broader financial landscape. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Ethereum #Solana #BTC

New ETF Combining Bitcoin; Ethereum and Solana Launching Soon

The President of The ETF Store has indicated that issuers might soon apply for a new ETF combining Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Solana, now the fifth-largest cryptocurrency by market cap, is increasingly seen as part of the crypto industry’s Big Three alongside Bitcoin and Ethereum. With Bitcoin and Ethereum either having or about to have spot ETFs, it’s likely that Solana will also receive this treatment. Such an ETF could have a significant impact on Solana’s market, potentially even more so than the effects seen with Bitcoin and Ethereum’s ETFs.
Surge in Spot Crypto ETFs Boosts Market and Investor Interest
This year has seen a dramatic rise in spot crypto ETFs, drawing billions from investors. The approval of spot Bitcoin ETFs on January 11 rekindled optimism in the market and paved the way for similar products for Ethereum. The success of Bitcoin ETFs has not only heightened interest in Ethereum but also driven Bitcoin prices up to $74,000.
With Bitcoin and Ethereum ETFs already launched, the possibility of additional crypto exchange-traded products, including a potential ETF for Solana, is now on the horizon. The initial success of these ETFs demonstrates a strong investor demand for diverse options and managed crypto investments.
New Spot ETFs for Major Cryptocurrencies May Be on the Horizon
In a recent tweet, Nate Geraci, president of The ETF Store, suggested that issuers might soon apply for spot ETFs combining major cryptocurrencies such as Bitcoin, Ethereum, and Solana. This development is anticipated to provide investors with diversified exposure to top-performing digital assets, highlighting the growing interest and maturity in the crypto market.
Geraci also pointed out that the ETF industry is rapidly moving towards adopting both index-based and actively managed cryptocurrency ETFs. This shift reflects an increasing demand for diversified and strategically managed crypto investment options.
By merging key cryptocurrencies like Bitcoin, Ethereum, and Solana into a single ETF, investors could gain access to a broader range of assets. This approach could potentially lower risk and enhance the appeal of crypto investments.
Crypto ETFs Signal Major Shift in Investment Perspective
The rise of crypto ETFs represents a significant change in how cryptocurrencies are perceived, transitioning from being viewed solely as speculative assets to becoming an integral part of investment portfolios. Increased involvement from financial institutions is adding credibility to crypto assets and validating their place in traditional investment strategies.
This positive shift has had a notable impact on the crypto market. Currently, Bitcoin is trading at $67,878, Ethereum is around $3,514, and Solana is valued at $181. This boost reflects the growing acceptance and stability of cryptocurrencies within the broader financial landscape.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ethereum #Solana #BTC
ترجمة
LUNC Rallies Despite Website RejectionDespite the Terra Classic community voting against creating a new independent website, the LUNC token saw a significant price increase. This rally is likely due to positive news from Terraform Labs’ bankruptcy proceedings, such as a token burn and the reopening of a key bridge. While Terra Classic is performing well now, there’s uncertainty about future price movements, with some signs suggesting a possible correction ahead. Terra Classic Community Rejects New Website Proposal, LUNC Token Surges The Terra Classic community recently voted on a proposal to create an independent website similar to Bitcoin.org. The site was intended to enhance community cohesion through design processes and concept workshops. However, the proposal garnered minimal support: only 4% of votes were in favor, over 21% were against, and a significant 63% vetoed the idea, with 12% abstaining. Despite the proposal’s rejection, the LUNC token experienced a surprising rally, rising by about 5%. This increase reflects the resilience of the Terra ecosystem and is likely driven by recent positive developments from Terraform Labs. Currently, LUNC has risen by 4.65% to $0.00009108, peaking at $0.00009153 in the past 24 hours, and has gained nearly 30% over the past week, showing strong market interest. Similarly, USTC saw a 4% increase to $0.02047, with a notable 60% surge in one-day trading volume, indicating significant trading activity. Data from Santiment highlighted that the LUNC bull rally positively impacted its social metrics, with a rise in Social Volume reflecting growing interest. Additionally, Binance’s involvement in LUNC burns has contributed to this positive momentum. Despite these encouraging signs, the Weighted Sentiment remains negative, indicating ongoing bearish sentiments in the market. LUNC Tests Resistance Amid Mixed Signals and Positive Updates Terra Classic (LUNC) is currently testing a crucial resistance level that it must surpass to maintain its rally. The MACD indicator shows a bullish trend, suggesting positive momentum, while the RSI’s slight decline indicates potential challenges ahead. Additionally, significant liquidations at the $0.000086 level hint at a possible price correction, which might lead to a consolidation phase. The recent rally in LUNC’s price is closely tied to developments in Terraform Labs’ (TFL) Chapter 11 bankruptcy proceedings. A recent court order has allowed the reopening of the shuttle bridge and authorized a major burn of 150 million LUNA. These updates have sparked renewed interest and optimism within the Terra Classic community. The reopening of the shuttle bridge is a key development, enabling the movement of large amounts of LUNC and USTC. The bridge currently holds 275.7 billion LUNC and 178.4 million USTC. The community plans to keep the bridge open for one month; any funds not withdrawn during this time will be burned, potentially reducing the circulating supply and increasing the token’s value. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.

LUNC Rallies Despite Website Rejection

Despite the Terra Classic community voting against creating a new independent website, the LUNC token saw a significant price increase. This rally is likely due to positive news from Terraform Labs’ bankruptcy proceedings, such as a token burn and the reopening of a key bridge.
While Terra Classic is performing well now, there’s uncertainty about future price movements, with some signs suggesting a possible correction ahead.
Terra Classic Community Rejects New Website Proposal, LUNC Token Surges
The Terra Classic community recently voted on a proposal to create an independent website similar to Bitcoin.org. The site was intended to enhance community cohesion through design processes and concept workshops. However, the proposal garnered minimal support: only 4% of votes were in favor, over 21% were against, and a significant 63% vetoed the idea, with 12% abstaining.
Despite the proposal’s rejection, the LUNC token experienced a surprising rally, rising by about 5%. This increase reflects the resilience of the Terra ecosystem and is likely driven by recent positive developments from Terraform Labs. Currently, LUNC has risen by 4.65% to $0.00009108, peaking at $0.00009153 in the past 24 hours, and has gained nearly 30% over the past week, showing strong market interest.
Similarly, USTC saw a 4% increase to $0.02047, with a notable 60% surge in one-day trading volume, indicating significant trading activity.
Data from Santiment highlighted that the LUNC bull rally positively impacted its social metrics, with a rise in Social Volume reflecting growing interest.

Additionally, Binance’s involvement in LUNC burns has contributed to this positive momentum. Despite these encouraging signs, the Weighted Sentiment remains negative, indicating ongoing bearish sentiments in the market.
LUNC Tests Resistance Amid Mixed Signals and Positive Updates
Terra Classic (LUNC) is currently testing a crucial resistance level that it must surpass to maintain its rally. The MACD indicator shows a bullish trend, suggesting positive momentum, while the RSI’s slight decline indicates potential challenges ahead. Additionally, significant liquidations at the $0.000086 level hint at a possible price correction, which might lead to a consolidation phase.
The recent rally in LUNC’s price is closely tied to developments in Terraform Labs’ (TFL) Chapter 11 bankruptcy proceedings. A recent court order has allowed the reopening of the shuttle bridge and authorized a major burn of 150 million LUNA. These updates have sparked renewed interest and optimism within the Terra Classic community.

The reopening of the shuttle bridge is a key development, enabling the movement of large amounts of LUNC and USTC. The bridge currently holds 275.7 billion LUNC and 178.4 million USTC. The community plans to keep the bridge open for one month; any funds not withdrawn during this time will be burned, potentially reducing the circulating supply and increasing the token’s value.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
ترجمة
Toncoin Faces Challenges as Price Struggles to Hold SupportToncoin (TON), the cryptocurrency associated with Telegram, has faced difficulties maintaining the $7.50 support level and has lost its previous upward momentum.The Relative Strength Index (RSI) reflects a lack of buying interest, staying below 50, which signals weakened demand. Additionally, there has been a 42% drop in active addresses, with investors holding onto their profits rather than selling, which could exacerbate any potential decline. After reaching a new all-time high last month, TON attempted to repeat this achievement in early July but failed. The ongoing struggles and failed recovery attempts this month have reduced investor enthusiasm. Toncoin Faces Uncertainty: Price Likely to Move Sideways or Decline Toncoin’s (TON) price is expected to either move sideways or experience a slight decline in the coming days due to rising uncertainty, as indicated by the Relative Strength Index (RSI). The RSI suggests that buying pressure has diminished, with the index remaining below 50, pointing to weakening momentum and a potential shift towards bearish sentiment in the market. Additionally, Toncoin has seen a 42% drop in active addresses, reflecting a significant decrease in market participation. This decline could further impact TON’s price dynamics by reducing market activity and liquidity. Investors currently in profit are holding back from trading to avoid pushing the price down and to protect their gains. Their cautious behavior aims to stabilize the price and prevent further declines. The reduced number of active addresses indicates a lack of confidence in the short-term market direction, potentially leading to lower liquidity and increased price volatility for Toncoin. This situation suggests that investors are adopting a wait-and-see approach, seeking to safeguard their profits while navigating the uncertain market conditions. Toncoin Price Movement: Consolidation Zone and Future Outlook Since early July, Toncoin’s (TON) price has been oscillating between $7.53 and $7.07, testing these levels as resistance and support. This ongoing movement has created a consolidation zone, with Toncoin struggling to break out of this range. Given the current market conditions, Toncoin is likely to continue its sideways movement or potentially slip below the $7.07 support level. If the price falls further, it could drop to around $6.50. Conversely, a breakout above $7.53 could drive Toncoin closer to its all-time high of $8.28. Although the chances of reaching this level are currently low, such a breakout would not only set a new all-time high but also invalidate the bearish outlook for the altcoin. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #TON #Toncoin

Toncoin Faces Challenges as Price Struggles to Hold Support

Toncoin (TON), the cryptocurrency associated with Telegram, has faced difficulties maintaining the $7.50 support level and has lost its previous upward momentum.The Relative Strength Index (RSI) reflects a lack of buying interest, staying below 50, which signals weakened demand.
Additionally, there has been a 42% drop in active addresses, with investors holding onto their profits rather than selling, which could exacerbate any potential decline. After reaching a new all-time high last month, TON attempted to repeat this achievement in early July but failed. The ongoing struggles and failed recovery attempts this month have reduced investor enthusiasm.
Toncoin Faces Uncertainty: Price Likely to Move Sideways or Decline
Toncoin’s (TON) price is expected to either move sideways or experience a slight decline in the coming days due to rising uncertainty, as indicated by the Relative Strength Index (RSI). The RSI suggests that buying pressure has diminished, with the index remaining below 50, pointing to weakening momentum and a potential shift towards bearish sentiment in the market.

Additionally, Toncoin has seen a 42% drop in active addresses, reflecting a significant decrease in market participation. This decline could further impact TON’s price dynamics by reducing market activity and liquidity. Investors currently in profit are holding back from trading to avoid pushing the price down and to protect their gains. Their cautious behavior aims to stabilize the price and prevent further declines.

The reduced number of active addresses indicates a lack of confidence in the short-term market direction, potentially leading to lower liquidity and increased price volatility for Toncoin. This situation suggests that investors are adopting a wait-and-see approach, seeking to safeguard their profits while navigating the uncertain market conditions.
Toncoin Price Movement: Consolidation Zone and Future Outlook
Since early July, Toncoin’s (TON) price has been oscillating between $7.53 and $7.07, testing these levels as resistance and support. This ongoing movement has created a consolidation zone, with Toncoin struggling to break out of this range.
Given the current market conditions, Toncoin is likely to continue its sideways movement or potentially slip below the $7.07 support level. If the price falls further, it could drop to around $6.50.

Conversely, a breakout above $7.53 could drive Toncoin closer to its all-time high of $8.28. Although the chances of reaching this level are currently low, such a breakout would not only set a new all-time high but also invalidate the bearish outlook for the altcoin.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#TON #Toncoin
ترجمة
Fetch.ai (FET) Faces Consolidation Amid ASI Token LaunchFetch.ai (FET) is currently undergoing price consolidation as it nears the launch of the ASI token. This week, around 748 million FET, worth $1.06 billion, entered profitable territory. This is the first instance in a month where 70% of the total FET supply is in profit, which could lead to potential selling. Despite showing bullish momentum, the recent increase in profits might encourage investors to take some profits, which could result in the price pulling back to approximately $1.04. Fetch.ai (FET) Faces Potential Profit-Taking After Recent Surge Fetch.ai (FET) has experienced a significant rise in profits recently. According to the Global In/Out of the Money (GIOM) indicator, approximately 748 million FET, valued at over $1.06 billion, turned profitable this week. This supply, acquired between $1.22 and $1.37, constitutes about 27% of the total circulating supply of FET. The increase in profitable FET is partly due to the recent migration of OCEAN and AGIX, which has led to a higher amount of FET-bearing profits. The ongoing merger of Fetch.ai, Ocean Protocol, and SingularityNET, resulting in the creation of the Artificial Superintelligence Alliance and its token ASI, has further influenced these dynamics. With the first phase of migration completed, the second phase, including the ASI launch, is expected by the end of July. However, this surge in profits raises the risk of profit-taking. This week, about 70% of the total FET supply became profitable, up from 42% previously. Typically, selling tends to occur around the 80% mark of profitable supply, but given that this is the first significant profit for these investors in a month, selling might commence earlier. This potential profit-taking could put downward pressure on the FET price. Fetch.ai (FET) Price Dynamics: Support and Resistance Levels Currently, Fetch.ai (FET) is trading at $1.44 and is working to establish $1.40 as a support level. However, if profit-taking becomes significant, the altcoin may struggle to maintain this support. A strong sell-off could push the FET price down to $1.20 or even $1.04. With $1.04 and $1.71 marking the current consolidation range for FET, the altcoin might remain rangebound. If the $1.40 support holds, FET could rebound towards the $1.71 resistance. Successfully breaking through this resistance would challenge the bearish outlook and potentially lead to a price rally. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Fetch.ai #FET

Fetch.ai (FET) Faces Consolidation Amid ASI Token Launch

Fetch.ai (FET) is currently undergoing price consolidation as it nears the launch of the ASI token. This week, around 748 million FET, worth $1.06 billion, entered profitable territory. This is the first instance in a month where 70% of the total FET supply is in profit, which could lead to potential selling.
Despite showing bullish momentum, the recent increase in profits might encourage investors to take some profits, which could result in the price pulling back to approximately $1.04.
Fetch.ai (FET) Faces Potential Profit-Taking After Recent Surge
Fetch.ai (FET) has experienced a significant rise in profits recently. According to the Global In/Out of the Money (GIOM) indicator, approximately 748 million FET, valued at over $1.06 billion, turned profitable this week. This supply, acquired between $1.22 and $1.37, constitutes about 27% of the total circulating supply of FET.

The increase in profitable FET is partly due to the recent migration of OCEAN and AGIX, which has led to a higher amount of FET-bearing profits. The ongoing merger of Fetch.ai, Ocean Protocol, and SingularityNET, resulting in the creation of the Artificial Superintelligence Alliance and its token ASI, has further influenced these dynamics. With the first phase of migration completed, the second phase, including the ASI launch, is expected by the end of July.
However, this surge in profits raises the risk of profit-taking. This week, about 70% of the total FET supply became profitable, up from 42% previously. Typically, selling tends to occur around the 80% mark of profitable supply, but given that this is the first significant profit for these investors in a month, selling might commence earlier. This potential profit-taking could put downward pressure on the FET price.

Fetch.ai (FET) Price Dynamics: Support and Resistance Levels
Currently, Fetch.ai (FET) is trading at $1.44 and is working to establish $1.40 as a support level. However, if profit-taking becomes significant, the altcoin may struggle to maintain this support. A strong sell-off could push the FET price down to $1.20 or even $1.04.

With $1.04 and $1.71 marking the current consolidation range for FET, the altcoin might remain rangebound. If the $1.40 support holds, FET could rebound towards the $1.71 resistance. Successfully breaking through this resistance would challenge the bearish outlook and potentially lead to a price rally.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Fetch.ai #FET
ترجمة
PONKE Soars 7100% in 2024: A Historic Milestone for Solana’s Meme CoinSolana’s meme coin, PONKE, has experienced an extraordinary rise of over 7,100% in 2024, reaching a new all-time high. This remarkable surge is largely driven by its increasing popularity on social media and growing investor interest. The crypto market continues to see astonishing developments, with PONKE’s historic milestone drawing significant attention from both investors and enthusiasts. Analysts are now evaluating the potential and risks associated with investing in meme coins like PONKE. PONKE Hits New All-Time High with 7,173% Increase Recently, PONKE reached a new all-time high of $0.67440 after a 70% increase over the past week. This surge represents a remarkable 7,173.4% rise from its all-time low of $0.00928 on January 3, 2024. With this latest performance, PONKE now ranks sixth among Solana-based meme coins, following WIF, BONK, POPCAT, BOME, and MEW. Launched earlier this year, PONKE quickly captured attention on social media. Its appealing design and humorous memes resonated with users, leading to increased trading and speculation around the cryptocurrency. PONKE’s Surge Attracts Investor Interest and Expert Opinions An influx of investors has greatly amplified PONKE’s initial momentum. Driven by its potential for high returns and viral popularity, investors have flocked to buy PONKE, propelling its price to unprecedented levels. Crypto analysts are taking note of PONKE’s recent rally, seeing it as a significant investment opportunity. Notably, prominent crypto trader Bluntz has highlighted the meme coin’s bullish structure. According to Bluntz, PONKE broke out of an ascending channel and turned the upper boundary of this channel into a support level. Bluntz also remarked, “So many meme charts are now putting in structures that we saw in SOL shitters that 100x’d earlier in the cycle I’ve mentally bookmarked as extremely bullish ones,” indicating strong positive sentiment towards PONKE’s future prospects. Evaluating Risks and Potential of Meme Coins: Insights from Jonas Dovydaitis Despite the excitement surrounding PONKE’s recent surge, its ability to sustain this rally remains uncertain. As with most meme coins, PONKE’s rise is driven by viral trends and internet memes. Jonas Dovydaitis, Co-Founder & CEO of PAiT, warns that assessing meme coins requires a different approach compared to more established cryptocurrencies. He emphasizes understanding the community and narrative behind a meme coin, as these factors can offer insights into its potential longevity and stability. Dovydaitis explains, “While traditional cryptocurrencies generally solve specific problems, giving value to their solutions, meme coins derive value from hype, attention, and the network effect this creates. Predicting which meme coin will go viral is akin to guessing the next viral video.” He also acknowledges the appeal of meme coins for investors seeking high rewards despite their volatile nature. Investors often adjust their risk appetite when dealing with meme coins, investing smaller amounts to mitigate potential losses while aiming for higher returns. Investing in meme coins carries significant risks, and thorough research is essential. Understanding the associated risks and the dynamics of the meme coin market is crucial for anyone considering these investments. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #MemeCoinsDebate #TechnicalAnalysis

PONKE Soars 7100% in 2024: A Historic Milestone for Solana’s Meme Coin

Solana’s meme coin, PONKE, has experienced an extraordinary rise of over 7,100% in 2024, reaching a new all-time high. This remarkable surge is largely driven by its increasing popularity on social media and growing investor interest.
The crypto market continues to see astonishing developments, with PONKE’s historic milestone drawing significant attention from both investors and enthusiasts. Analysts are now evaluating the potential and risks associated with investing in meme coins like PONKE.
PONKE Hits New All-Time High with 7,173% Increase
Recently, PONKE reached a new all-time high of $0.67440 after a 70% increase over the past week. This surge represents a remarkable 7,173.4% rise from its all-time low of $0.00928 on January 3, 2024. With this latest performance, PONKE now ranks sixth among Solana-based meme coins, following WIF, BONK, POPCAT, BOME, and MEW.
Launched earlier this year, PONKE quickly captured attention on social media. Its appealing design and humorous memes resonated with users, leading to increased trading and speculation around the cryptocurrency.
PONKE’s Surge Attracts Investor Interest and Expert Opinions
An influx of investors has greatly amplified PONKE’s initial momentum. Driven by its potential for high returns and viral popularity, investors have flocked to buy PONKE, propelling its price to unprecedented levels.
Crypto analysts are taking note of PONKE’s recent rally, seeing it as a significant investment opportunity. Notably, prominent crypto trader Bluntz has highlighted the meme coin’s bullish structure. According to Bluntz, PONKE broke out of an ascending channel and turned the upper boundary of this channel into a support level.
Bluntz also remarked, “So many meme charts are now putting in structures that we saw in SOL shitters that 100x’d earlier in the cycle I’ve mentally bookmarked as extremely bullish ones,” indicating strong positive sentiment towards PONKE’s future prospects.

Evaluating Risks and Potential of Meme Coins: Insights from Jonas Dovydaitis
Despite the excitement surrounding PONKE’s recent surge, its ability to sustain this rally remains uncertain. As with most meme coins, PONKE’s rise is driven by viral trends and internet memes. Jonas Dovydaitis, Co-Founder & CEO of PAiT, warns that assessing meme coins requires a different approach compared to more established cryptocurrencies. He emphasizes understanding the community and narrative behind a meme coin, as these factors can offer insights into its potential longevity and stability.
Dovydaitis explains, “While traditional cryptocurrencies generally solve specific problems, giving value to their solutions, meme coins derive value from hype, attention, and the network effect this creates. Predicting which meme coin will go viral is akin to guessing the next viral video.”
He also acknowledges the appeal of meme coins for investors seeking high rewards despite their volatile nature. Investors often adjust their risk appetite when dealing with meme coins, investing smaller amounts to mitigate potential losses while aiming for higher returns.
Investing in meme coins carries significant risks, and thorough research is essential. Understanding the associated risks and the dynamics of the meme coin market is crucial for anyone considering these investments.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#MemeCoinsDebate #TechnicalAnalysis
ترجمة
Dogecoin’s Surge Enhances FLOKI’s PotentialDogecoin’s recent price surge is significantly boosting FLOKI’s potential, especially with the backing of Elon Musk. As Dogecoin continues to rise, it’s increasing interest in FLOKI, thanks to their historical correlation and FLOKI’s limited supply along with its buy-burn mechanism, which helps stabilize its price. FLOKI’s Price Potential Linked to Dogecoin Surge The positive impact of Dogecoin’s rally is extending throughout the memecoin market. Elon Musk sees this trend as a significant opportunity for other dog-themed cryptocurrencies, including FLOKI. Historically, FLOKI has followed Dogecoin’s movements, and this trend is expected to continue. Currently, a quarter of FLOKI’s circulating supply, or 2.39 trillion tokens, is locked, which reduces the number of tokens available for trading. FLOKI’s ecosystem also includes a bot that collects fees and uses them to buy and burn tokens. This mechanism further reduces the supply of FLOKI, potentially supporting its price. The strong correlation between Dogecoin and FLOKI is well-established. When Dogecoin sees a significant price increase, FLOKI often experiences a similar rise. FLOKI’s Growth Potential Amid Dogecoin’s Surge Investors often seek out related assets for the next big opportunity, creating a ripple effect in the market. FLOKI, with its distinctive features and strong community support, emerges as a promising candidate for growth. Elon Musk’s endorsement adds considerable weight to this sentiment. Known for his influence on cryptocurrency markets, Musk’s social media comments have historically impacted prices. His recent post has highlighted the potential for significant gains in FLOKI, reigniting interest and investment. FLOKI’s price potential is further supported by its locked supply and buy-and-burn mechanism. With a portion of the supply locked away and more tokens being burned, the remaining FLOKI becomes more valuable. This, combined with increased demand driven by Dogecoin’s rally, creates a favorable outlook for FLOKI. Dogecoin’s impressive rise sets a bullish tone for FLOKI and other memecoins. The historical correlation, reduced supply, and influential endorsements all contribute to a promising future for FLOKI. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #MemeCoinsDebate #DOGE #FLOKI

Dogecoin’s Surge Enhances FLOKI’s Potential

Dogecoin’s recent price surge is significantly boosting FLOKI’s potential, especially with the backing of Elon Musk.
As Dogecoin continues to rise, it’s increasing interest in FLOKI, thanks to their historical correlation and FLOKI’s limited supply along with its buy-burn mechanism, which helps stabilize its price.
FLOKI’s Price Potential Linked to Dogecoin Surge
The positive impact of Dogecoin’s rally is extending throughout the memecoin market. Elon Musk sees this trend as a significant opportunity for other dog-themed cryptocurrencies, including FLOKI.

Historically, FLOKI has followed Dogecoin’s movements, and this trend is expected to continue. Currently, a quarter of FLOKI’s circulating supply, or 2.39 trillion tokens, is locked, which reduces the number of tokens available for trading.
FLOKI’s ecosystem also includes a bot that collects fees and uses them to buy and burn tokens. This mechanism further reduces the supply of FLOKI, potentially supporting its price.
The strong correlation between Dogecoin and FLOKI is well-established. When Dogecoin sees a significant price increase, FLOKI often experiences a similar rise.
FLOKI’s Growth Potential Amid Dogecoin’s Surge
Investors often seek out related assets for the next big opportunity, creating a ripple effect in the market. FLOKI, with its distinctive features and strong commu