7 Crypto to Buy Before the Next Bull Run in 2024

Timing is crucial when it comes to investing in cryptocurrencies, and with the next potential bull run in 2024 on the horizon due to Bitcoin halving, you need a strategic approach.

1. Pikamoon (PIKA) – The Next GameFi Token Set To Explode
Current Price: $0.0007
Market Cap: 10 Million
PIKA is the 1000x GameFi coin you don’t want to miss. That’s why I’ve placed it first on my list of the best crypto for the next bull run.

2. ETHEREUM (ETH)
Current Price: $981.22M
Market Cap: $429 Billion
Both a cryptocurrency and a blockchain, Ethereum is a favourite of ours for multiple reasons.

3. SOLANA (SOL)
Current Price: $200
Market Cap: $89 Billion
Ethereum’s competitor, Solana, is a close third on our list. It can process over 50,000 transactions per second with low gas fees and high security.

4. AAVE (AAVE)
Current Price: $124
Market Cap: $1.8 Billion
The world’s most popular decentralised finance (DeFi) lending platform reached an all-time high of $661.9 in the last bull run. It can easily outperform this time around and surprise yet again.

5. Avalanche (AVAX)
Current Price: $60
Market Cap: $22 Billion
The multi-chain smart contract platform for launching decentralised apps (dApps) holds immense potential as one of the best crypto for next bull run.

6. DOGECOIN (DOGE)
Current Price: $0.1479
Market Cap: $21 Billion
The world’s first meme coin, Dogecoin, has the potential (and a passionate community) to push its price beyond $1 in the next bull run.

7. HEDERA (HBAR)
Current Price: $0.113
Market Cap: $3.8 Billion
On the last spot, I have HBAR – A public network that uses unique Hashgraph technology to provide fast, secure, and reliable online transactions for mainstream markets.

#BuytheDips #CryptoWatchMay2024 #BULL-RUN $HBAR $AVAX $AAVE

3 Meme Coins to Sell in May Before They Crash & Burn

Prevent your crypto wallet from being wiped out by refusing to store funds in these tokens.

ApeCoin (APE-USD):
Bored Ape Yacht Club (BAYC) is facing declining investor interest and internal struggles, signaling a potential downturn.

Shiba Inu (SHIB-USD):
The limited usefulness of a speculative asset requires caution in periods after the hype cycle.

Bonk (BONK-USD):
Rapid growth in a bull market has a downside—a sharp decline from the pressure of more innovative and active competitors.

The long-awaited Bitcoin (BTC-USD) halving did not meet the expectations of many memecoin holders. Instead of a multiple rise, the crypto market witnessed a decline of varying depth. The market capitalization of tokens from the “Meme” category has fallen and is now around the $56 billion mark. With the total market capitalization remaining relatively unchanged, this indicates an outflow of funds. The loss of support levels leads to the fact that investors are already making a list of meme coins to sell. They realize that it is not worth staying in a loss-making asset just because previously they earned money using this token.

Amid a market-wide correction and growing FUD, the balance of risks and possible rewards is changing. During the bull market, meme coins managed to grow in value and become more massive players. If the flow of capital from a certain group of meme coins to projects with a more developed technological base is confirmed, these coins will find themselves in a crisis.

#Memecoins #altcoins #MemeCoinCrash
$BONK $APE $SHIB

Wallet recovery firms buzz as locked-out crypto investors panic in bitcoin boom

May 15 (Reuters) - The recent surge in bitcoin prices has the phones at crypto wallet recovery firms ringing off the hook, as retail investors locked out of their digital vaults make frantic calls to regain access to their accounts.

Cryptocurrencies exist on a decentralized digital ledger known as blockchain and investors may opt to access their holdings either through a locally stored software wallet or a hardware wallet, to avoid risks related to owning crypto with an exchange, as in the case of the former FTX.

Losing access to a crypto wallet is a well-known problem. Investors forgetting their intricate passwords is a primary reason, but loss of access to two-factor authentication devices, unexpected shutdowns of cryptocurrency exchanges and cyberattacks are also common.

Wallet passwords are usually alphanumeric and the wallet provider also offers a set of randomized words, known as "seed phrases", for additional security - both these are known only to the user. If investors lose the passwords and phrases, access to their wallets is cut off.

#buythedip #MicroStrategy #Market_Update
$BTC $BNB $ETH

Bitcoin rebound imminent? Analysis of May 15, 2024

After experiencing downward pressure to $60,000, Bitcoin is showing signs of buyer interest. Let’s analyze together the future prospects for the BTC price.

Bitcoin (BTC) Price Situation

After rebounding 15% from $57,000, Bitcoin encountered selling pressure at $65,000. Following this rise, the price gradually moved towards $60,000. Recently, there has been renewed buying interest at this price level, which seems to be defended to this day. Thus, the cryptocurrency is currently in a period of indecision.

At the time of writing this text, Bitcoin is trading around $62,000. Although the underlying trend remains bullish, the position of the Bitcoin price below its 50-day moving average casts doubt on the continuation of this trend, at least in the short term. Oscillators show a stabilizing Bitcoin dynamic. Despite its current weakness, this could indicate a potential return of the bullish dynamic for the leading cryptocurrency.

The current technical analysis was carried out in collaboration with Elie FT, a passionate investor and trader in the cryptocurrency market. He is currently a trainer at Family Trading, a community of thousands of prop traders active since 2017. You will find Lives, educational content, and mutual support around financial markets in a professional and friendly atmosphere.

#BEARISH📉 #BullishMay #Market_Update
$XRP $FLOKI $SHIB

Top 10 Cryptocurrencies Of May 2024

From bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, which can make it overwhelming when you’re first getting started in the world of crypto. To help you get your bearings, these are the top 10 cryptocurrencies to invest in based on their market capitalization or the total value of all the coins currently in circulation.

Best Crypto To Buy Now

1. Bitcoin (BTC)

Market cap: $1.3 trillion

Year-over-year return: 128%

2. Ethereum (ETH)

Market cap: $369.0 billion

Year-over-year return: 65%

3. Tether (USDT)

Market cap: $111.0 billion

Year-over-year return: 0%

4. Binance Coin (BNB)

Market cap: $87.4 billion

Year-over-year return: 86%

5. Solana (SOL)

Market cap: $69.4 billion

Year-over-year return: 625%

6. U.S. Dollar Coin (USDC)

Market cap: $33.2 billion

Year-over-year return: 0%

7. XRP (XRP)

Market cap: $29.6 billion

Year-over-year return: 23%

8. Dogecoin (DOGE)

Market cap: $22.6 billion

Year-over-year return: 109%

9. Toncoin (TON)

Market cap: $20.6 billion

Year-over-year return: 196%

10. Cardano (ADA)

Market cap: $16.1 billion

Year-over-year return: 21%

#altcoins #Memecoins #cryptoupdates2024
$XRP $USDC $ADA

Why Is The Crypto Market Down Today?

The cryptocurrency market experienced a downturn, with the total market capitalization dropping to $2.21 trillion from $2.49 trillion in the last one month as of May 3, 2024. Bitcoin, the largest cryptocurrency, is currently trading at $60,692, 5.25% down over the past seven days but reflecting a 3.37% increase in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at $3,032, down by 2.81% in the last seven days.

The cryptocurrency market is down today as investors await news on the Federal Reserve’s interest rate policy and the stall in spot BTC ETF inflows is affecting Bitcoin’s price.

How is the Crypto Market Performing?

The cryptocurrency market is exhibiting significant volatility, with prices fluctuating unpredictably. Currently, there is a downturn after Bitcoin surpassed its all-time high multiple times in March and the Bitcoin halving did not bring the surge that the market anticipated. As of the latest update, the Fear and Greed index stands at 48.67, indicating neutral state.

The largest cryptocurrency by market capitalization, Bitcoin, has fallen nearly 5.76% and is trading at $60,632 as of May 3, 2024. On the other hand, Ethereum almost dipped by
3.28% and is trading at $3,033.
#BinanceWatch #CryptoWatchMay2024 #Market_Update
$FLOKI $SHIB $DOGE

North Korea laundered $147.5 million in stolen cryptocurrency: UN

North Korea laundered $147.5 million through virtual currency platform Tornado Cash in March after stealing it last year from a cryptocurrency exchange, according to confidential work by United Nations sanctions monitors seen by Reuters on Tuesday.

The monitors told a UN Security Council sanctions committee in a document submitted on Friday that they had been investigating 97 suspected North Korean cyberattacks on cryptocurrency companies between 2017 and 2024, valued at some $3.6 billion.

That included an attack late last year where $147.5 million was stolen from HTX cryptocurrency exchange before being laundered in March this year, the monitors told the committee, citing information from crypto analytics firm PeckShield and blockchain research firm Elliptic.

In 2024 alone, the monitors said they had been looking at “11 cryptocurrency thefts ... valued at $54.7 million,” adding that many of those “may have been conducted by DPRK IT workers inadvertently hired by small crypto-related companies.”

#BTC #BinanceLaunchpool #Memecoins
$BTC $BNB $ETH

Bitcoin braces for Fed's Powell as trader says $65K key BTC price level

BTC price volatility continues within a narrow range — but some BTC price data shows the path toward all-time highs.

Bitcoin
BTC

tickers down
$61,900

saw flash volatility to bottom near $61,000 during May 14 as United States inflation data rolled in.

U.S. PPI conforms ahead of Powell speech:

Pro and TradingView charted ongoing choppy BTC price conditions into the Wall Street open.

The April print of the Producer Price Index (PPI) came in according to expectations at 2.2% — still a third consecutive monthly increase.

“For the 12 months ended in April, prices for final demand less foods, energy, and trade services increased 3.1 percent, the largest advance since climbing 3.4 percent for the 12 months ended April 2023,” an official press release from the U.S. Bureau of Labor Statistics confirmed.

While crypto markets avoided the implications of a significant PPI miss, the picture remained unfavorable to risk assets.

“PPI inflation is now up for 3 straight months for the first time since April 2022,” trading resource The Kobeissi Letter wrote in part of a response on X (formerly Twitter).

“Yet another sign the Fed can't cut rates.”
#Bitcoinblockchain #bitcoinhalving #MicroStrategy
$ADA $AVAX $ATOM

BTC TO USD: Today’s Bitcoin price in Dollar on 15 May, 2024

As of May 15 , the Bitcoin to USD exchange rate stood at $62631.40. Bitcoin’s value in dollars reflects the dynamic nature of the cryptocurrency market. Investors and enthusiasts closely monitor these fluctuations to make informed decisions regarding buying, selling, or holding Bitcoin.

Bitcoin price in Dollar Today
Bitcoin to USD Rate: 62,932.2900 US Dollar

The price of Bitcoin fluctuates constantly due to various factors such as market demand, investor sentiment, regulatory changes, and macroeconomic trends. The crypto community closely monitors these fluctuations as Bitcoin remains a prominent player in the financial landscape.

#bitcoinhalving #Btcpricealert #buythedip
$ETH $BNB $SOL

Price analysis 5/13: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin's strong rebound of the $60,000 level is encouraging but it still could be a hint that BTC's range-bound action could continue for some time.

Traders prefer a trending market rather than a range-bound one. Sometimes, when there is uncertainty about the next directional move, traders step to the sidelines, and that seems to be the case with Bitcoin 

BTC



$61,981

. 

According to research firm Santiment, “fear and indecision” could be the factors that have led to a drop in Bitcoin’s on-chain activity toward historic lows. The firm clarified that it does not necessarily mean that Bitcoin will fall more.

Bitcoin’s consolidation is giving opportunities to investors to load up on Bitcoin. Japanese investment firm Metaplanet said it had made a “strategic shift” in its treasury management strategy to follow a Bitcoin-only approach in response to a sustained decline in the Japanese yen. Metaplanet announced a purchase of 117.7 Bitcoin at an average price of $65,000.

Generally, a consolidation near a lifetime high is a positive sign as it shows that traders are holding onto their positions as they anticipate the uptrend to continue. However, even after repeated attempts, if the overhead resistance is not crossed, traders may dump their positions, starting a sharp pullback.

#altcoins #BlackRock #MicroStrategy
$XRP $DOGE $ADA

Bitcoin bottomed at $56K? BTC price chart hints at breakout within days

Adding to the bullish technical formation, Bitcoin's distribution 'danger zone' has officially ended, according to popular analyst Rekt Capital.

A popular Bitcoin chart formation suggests that Bitcoin's
BTC

tickers down
$61,863

price could break out from its current range. However, this week's macroeconomic news could also significantly impact the price. Can Bitcoin break out to the upside?

Is a Bitcoin breakout imminent?
On the four-hour chart, Bitcoin price printed an inverse head and shoulders pattern, a formation used by technical analysts to predict the reversal of a previous downtrend.

Based on the technical formation, Bitcoin could rally to the upside if a break above the trendline occurs, according to a May 13 X post from crypto investor Quinten Francois, who wrote:

“Inverse head and shoulders pattern spotted on the $BTC chart. Not the most beautiful iH&S I've ever seen, but I'll take it. Different ways to draw the neckline too, but this way makes the most sense to me. Break the neckline for further price recovery!”

#bitcoinhalving #Bitcoinblockchain #bitcoinupdate2024
$ETH $BNB $SOL

5 Top Solana Meme Coins To Buy To Quickly Turn $800 Into $80,000

The article highlights five prominent Solana meme coins to buy including Dogwifhat, BOOK OF MEME, Bonk, Myro, and Popcat, offering the potential for substantial financial growth for investors.

1. Top Solana Memes Coin To Buy- Dogwifhat (WIF)
Dogwifhat (WIF), a cryptocurrency built on the Solana blockchain, has recently experienced a notable increase in its market value. The WIF price has climbed by over 5%, hitting a new high of $3.11.

2. BOOK OF MEME (BOME)
BOOK OF MEME (BOME), a cryptocurrency operating on the Solana blockchain, has become a standout investment. Its blend of meme culture, decentralized storage, and advanced trading features has propelled its popularity. In the last year alone, BOME’s value has skyrocketed by 1093%, positioning it as a top choice for turning a modest investment into substantial gains.

3. Bonk (BONK)
Another Solana-based meme coin making headlines is Bonk (BONK). Known for its dog-themed branding, Bonk gained traction by distributing half of its tokens to Solana blockchain users. This strategy significantly boosted its market value.

4. Myro (MYRO)
Myro (MYRO), a meme coin on the Solana network, has quickly captured the attention of cryptocurrency enthusiasts. Inspired by Solana’s creator’s pet, Myro launched in January 2024 and has seen a phenomenal 4,297% growth.

5. Popcat (POPCAT)
Popcat (POPCAT), built on the Solana blockchain, has captured significant attention with a remarkable price surge of 2765% since its launch. This surge has positioned Popcat as the top gainer in its category, attracting investors eager to turn $800 into $80,000.

#Memecoins #memecoin🚀🚀🚀 #buythedip
$BONK $BOME $WIF

SHIB, PEPE, FLOKI, BONK: Meme Coins Amid Best Performers

As cryptocurrency market optimism surges, largest meme cryptocurencies lead way.

Meme cryptocurrencies are surging on increased trading volume, while digital assets are recovering from a choppy weekend. Pepe (PEPE), one of the most popular meme coins on Ethereum (ETH) and Arbitrum (ARB), almost reached double-digit gains.

PEPE, SHIB, FLOKI outperfom top 100 benchmark:

Today, on May 13, 2024, out of all of top 100 cryptocurrencies by market capitalization, the largest meme coins demonstrate the best 24-hour performance. Pepe (PEPE) is the undisputed leader with almost 10% growth.

Floki (FLOKI), another popular dog-themed cryptocurrency, demostrates a similar growth rate, while Shiba Inu (SHIB) managed to add 7.4% overnight.
Dogecoin (DOGE), the largest meme crypto by capitalization and the only "dog coin" in the top 10 biggest cryptocurrencies, has surged by 5.6%. Its capitalization exceeded $21 billion.
The upsurges of Bonk (BONK) and Dogwifhat (WIF) should also be mentioned: the coins surged by 6.7% and 3.6%, respectively.

#Memecoins #MicroStrategy #buythedip
$PEPE $SHIB $FLOKI

Cardano (ADA) Forms First 2024 Death Cross

This technical event occurs against backdrop of market uncertainty, adding to speculation about ADA price action

Cardano (ADA), the 10th largest cryptocurrency by market value, has formed what is known in technical analysis as a "death cross." This event marks the first occurrence of such a pattern for ADA in the year 2024.

A death cross is a technical chart pattern that occurs when an asset's short-term moving average crosses below its long-term moving average. This pattern is often interpreted as a bearish signal that could precede a downward trend.

Cardano's ADA witnessed its 50-day and 200-day SMAs cross bearishly over the weekend, confirming the first death cross in 2024.

The last time ADA witnessed a death cross event was in June 2023, when prices briefly rose for weeks before declining. However, Cardano would bottom out four months later before beginning a month-long rally that concluded in highs of $0.76 in March 2024. In the process, Cardano created another golden cross in November 2023.

#altcoins #Bitcoinblockchain #ADABullish
$ADA $BONK $MEME

Machine learning algorithm predicts Bitcoin price on May 31, 2024

After generating seemingly endless enthusiasm following its skyrocketing to a new all-time high near $73,000 in March and around the highly-anticipated halving event in April, Bitcoin (BTC) has fallen off somewhat.

The world’s premier cryptocurrency has, in more recent weeks, been struggling with lackluster performance and a string of violent corrections that saw it, at times, plummet as low as $57,000.

Though the most recent trading trends have been positive, as BTC is 3.18% in the green on the 24-hour chart and Bitcoin price today stands at $62,907, but a shadow casts large given its weekly and monthly shakiness.

Hoping to provide a modicum of clarity on whether Bitcoin is now set to surge toward previously predicted highs or if more bearish experts are correct and the current cycle has already topped, Finbold decided to consult the AI-driven machine learning algorithms of a platform specializing in forecasting asset prices – PricePredictions.

#bitcoinhalving #BinanceLaunchpool #buythedip
$FLOKI $ADA $SHIB

10 Cryptocurrencies with the best tokenomics

Crypto tokenomics are important metrics when picking your crypto investments. Here are some of the best cryptocurrencies by their tokenomics.

Best tokenomics crypto list:-

1. Bitcoin
Price: $62,994.0000
24HR Change: 2.86%
Market Cap: $1.24T
Total Volume: $25,866,091,365
Market Cap: 19.70M

2. Ethereum
Price: $2,970.7400
24HR Change: 1.19%
Market Cap: $356.66B
Total Volume: $11,759,727,197
Market Cap: 120.11M

3. Cardano
Price: $0.44653400
24HR Change: 1.06%
Market Cap: $15.78B
Total Volume: $325,846,385
Market Cap: 35.35B

4. Binance Coin (Wormhole)
Price: $600.8100
24HR Change: 2.09%
Market Cap: $0.00
Total Volume: $59,182
Market Cap: 0.00

5. Litecoin
Price: $81.8200
24HR Change: -0.13%
Market Cap: $6.09B
Total Volume: $312,539,371
Market Cap: 74.53M

6. Solana
Price: $147.0100
24HR Change: 1.32%
Market Cap: $65.51B
Total Volume: $2,146,886,558
Market Cap: 448.54M

7. XRP
Price: $0.50710400
24HR Change: 0.55%
Market Cap: $28.02B
Total Volume: $870,334,945
Market Cap: 55.36B

8. Avalanche
Price: $33.3900
24HR Change: -1.00%
Market Cap: $12.74B
Total Volume: $337,916,743
Market Cap: 381.53M

9. Polkadot
Price: $6.7600
24HR Change: 0.35%
Market Cap: $9.16B
Total Volume: $165,154,285
Market Cap: 1.36B

10. Chainlink
Price: $13.5600
24HR Change: 0.29%
Market Cap: $7.96B
Total Volume: $283,058,110
Market Cap: 587.10M

#altcoins #buythedip #CryptoWatchMay2024
$BTC $ETH $ADA

Top 5 Altcoins To Stack For The Upcoming Week!

With the increase in the price volatility for the market leader, Bitcoin, and top altcoins in the crypto space, investors’ interest has switched toward the mid-cap and low-cap altcoins to maximize their profits during this time of uncertainty in the crypto industry.

With this, in this article, we have covered the top 5 altcoins that have the potential to outperform top altcoins by recording a significant gain during the upcoming week in the cryptocurrency industry.

1. Frontier (FRONT):
Built on the Ethereum chain, the Frontier is a Decentralized financial (DeFi) chain-agnostic aggregator. With an aim to add DeFi support to several blockchains, including BandChain, Ethereum, and Binance Smart Chain (BSC).

2. Livepeer (LPT):
Launched in the year 2017, LPT was the first completely Decentralized live video-streaming network protocol. The platform aims to become a vital blockchain-based in the cryptocurrency ecosystem.

3. Aleph.im (ALEPH):
Built on Ethereum, the Aleph.im is a Decentralized cloud storage, computing platform, and database and is compatible with other blockchains and adapts to their language. With an aim to be the infrastructure layer of the Decentralized Finance (DeFi) ecosystem, the ALEPH token is on a path to supercharge the ecosystem.

4. Venus BNB (vBNB):
The Venus BNB operates on the BNB Smart Chain (BEP20) platform. Moreover, its platform Venus Prime rewards its dedicated users for their lending and borrowing activities.

5. Tellor (TRB):
The Tellor project is an Oracle-based Decentralized protocol that supplies data to smart contracts. It works on a permissionless network, allowing wide participation in its data reporting and validation. Further, it supports various types of data, including market data.

#altcoins #buythedip #BlackRock
$TRB $LPT $FRONT

It’s ‘clear’ the US government is going after Tether — Ripple CEO

Brad Garlinghouse said he views Tether as an important part of the ecosystem and that its fate will be an “interesting one to watch.”

Ripple CEO Brad Garlinghouse says it is “clear” that the United States government is “going after” stablecoin issuer Tether — which could have an unpredictable impact on the crypto markets.

Garlinghouse said on a May 10 episode of the World Class podcast there would “100%” be another crypto-related black swan event like the collapse and subsequent uncovering of fraud perpetrated by FTX’s executives.

“The U.S. government is going after Tether, that is clear to me,” he said without elaborating and stopping short of suggesting any possible U.S. action against Tether would be the next black swan. He instead called it an “interesting one to watch.”

“I view Tether as a very important part of the ecosystem,” the Ripple boss said. He added he doesn’t know how to predict what impact potential U.S. regulatory action against Tether would have on the crypto ecosystem.

Garlinghouse’s comments come as Ripple plans to launch its own stablecoin in 2024.

Tether Holdings is the parent company of a web of similarly named subsidiaries incorporated worldwide responsible for various operations in issuing and managing the Tether
USDT

tickers down
$1.00

stablecoin — the world’s largest by market capitalization.

#USDollarWarning #TetherTreasury #RippleUpdateV
$XRP $FLOKI $SHIB

Top 3 Altcoins To Turn $1 to $10 By End of May

With the bearish influence growing over the market, the 14% drop in Bitcoin in April continues this month. Certain altcoins are preparing for a bullish takeoff as BTC price struggles near the $60,000 psychological milestone.

Ready to swim against the bearish tide in the broader market, these altcoins could explode this month to new unprecedented heights. Further, will a bullish turnaround in Bitcoin fuel the rally in these altcoins or increase the supply with BTC prices slipping under $60,000?

Top 3 Altcoin Bets For 10x Profit by End of May

1. Velo (VELO)
Velo Labs is revolutionizing financial transactions with its innovative federated credit exchange network powered by the Velo Protocol. It facilitates digital credit issuance and borderless asset transfers through a robust smart contract system.

2. LeverFi (Lever)
LeverFi offers a groundbreaking platform that seamlessly combines trading and yield farming, enabling traders to leverage their investments more effectively. Users can deposit various types of collateral, including Bitcoin, Ethereum, and liquidity provider tokens from Curve and Uniswap, to unify and trade on larger scales.

3. Highstreet (HIGH)
HIGH Token is the backbone of Highstreet, a play-to-earn metaverse that blends decentralized commerce with VR support. Further, this ecosystem allows for a fluid currency exchange between the physical and virtual worlds. It offers a unique marketplace where in-game items are valuable within the game and can be redeemed for real-world products.

#altcoins #buythedip #notcoin
$HIGH $LEVER $VET

BTC, XRP, DOGE Communities Abuzz Over Elon Musk's X Message

Tesla CEO Elon Musk's tweet sparks reaction from crypto community

A recent tweet by Elon Musk has garnered significant attention from the Bitcoin (BTC), XRP and Dogecoin (DOGE) communities. In his characteristic style, Tesla and SpaceX CEO Elon Musk made a tweet on X prompting speculation and interpretation among his followers.

The tweet, which offered a perspective on the workings of the Federal Reserve, has sparked a reaction from the crypto community. In a compelling tweet, Musk drew an analogy between the United States Federal Reserve and the popular board game Monopoly.

Musk compared the Federal Reserve's ability to create money to the Monopoly game's rule that allows the bank to never go bankrupt, implying that, like the game, the Fed can always print more money. This metaphor emphasizes concerns about the Fed's quantitative easing (QE) program and its impact on inflation and currency value.

In the aftermath of Musk's X post, cryptocurrency communities like Bitcoin, XRP and Dogecoin responded in a variety of ways, offering their perspectives.

In response to Musk's post, financial analyst Michaël van de Poppe advocates Bitcoin, silver and gold, predicting that QE might be reintroduced.

#bitcoinhalving #altcoins #BinanceLaunchpool
$DOGE $XRP $FLOKI