🚀 YOU WILL LOSE ALL YOUR INVESTMENT! 🚀 Unless You Understand The Psychology of the Crypto Market

Bitcoin hits $69k and the next halving is just 41 days away! 🌙

Experts predict a new bull run peaking in late 2025 - That is 12-18 months from the Halving in April 2024.💰

Ready to ride the wave? I hate to state this but many are still going to f>ck this up.🤷 For real.

Let's break down the psychological phases:

🚀 PHASE 1 - Accumulation 💰
During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers. To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.

📈 PHASE 2 - Momentum 📈
Here, as we are currently witnessing, prices climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.😍👻💵

🚀 PHASE 3 - Euphoria/Excess 🚀
Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, when ever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont see👀 the crash coming.

⤵️ PHASE 4 - Massive Crash/Long Reeeeed candles😭😭 ⤵️
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Noobies are left holding the 💰 for another two-three years -- the worst position to be in. DON'T DO THAT!

Tips for Success:
✅ Invest wisely and patiently.
✅ Dollar-cost average.
✅ Take profits on the way up.
✅ Diversify and avoid overexposure.
✅ Be cautious of hype and scams.
✅ Watch for market sentiment changes.
✅ Hedge positions strategically.
✅ Keep cash reserves for opportunities.

The coming months bring excitement, risks, and rewards. Navigate wisely, and you could be on your way to life-changing wealth in this crypto revolution! 🌐💸
#TrendingTopic
#BTC #ETH #sol #SHIB
>CryptoBullRun >Bitcoin <InvestWisely 🌟

Current distribution of #BTC #bitcoin

Betting Big on Meme Coins for 15X Returns, Says Will Clemente

Meme coins, once considered a playful corner of the cryptocurrency world, are now seen as high-potential investments. Will Clemente, co-founder of Reflexivity Research, sees Meme tokens as a unique opportunity for massive gains, despite their inherent risks.

Clemente notes a significant shift in the crypto market. In 2020, high-beta altcoins were a plain way to outperform Bitcoin. Today, many of these altcoins have lost ground against Bitcoin, signaling a maturing market. “In 2020, you could invest in high-risk altcoins and watch them soar. Now, many altcoin-to-Bitcoin pairs have been declining for months,” Clemente says.

In contrast to the struggling altcoins, meme coins have been on a meteoric rise. According to Clemente, these coins reflect current market sentiment and the growing sophistication of investors.

“We’ve seen dramatic outperformance in AI coins, but meme coins have done even better,” he adds.

Meme coins typically have fair and transparent launches, releasing their entire supply at the start. This approach appeals to retail investors, offering them a more level playing field.
“Retail investors have a chance to capture significant gains, sometimes turning small investments into millions in days,” Clemente observes.

Clemente likens investing in meme coins to gambling, with minimal reliance on fundamentals. Despite this, they attract many, particularly younger investors seeking high returns in volatile markets.

“The average retail investor has a better chance of seeing 10x or 15x returns with meme coins,” he notes.

Clemente’s investment strategy balances stability and risk. He holds Bitcoin for its long-term potential, invests in stocks like Coinbase as a proxy for the crypto market, and actively trades meme coins. “My portfolio includes Bitcoin in cold storage, Coinbase for broader market exposure, and meme coins for active trading,” Clemente shares.
#DOGE #SHIB #PEPE #FLOKI #WIF $SHIB $PEPE $FLOKI

🥺Premature End of Altcoin Season! Here's Why AltSeason Maybe Fizzling Out FAst

The crypto market is shifting, and it’s casting a shadow over the potential for an altcoin season.

Altcoin season, or "altseason," is when altcoins outperform Bitcoin significantly. This shift is tracked by Bitcoin’s dominance in the market and the price performance of altcoins.

Bitcoin dominance measures Bitcoin's share of the total cryptocurrency market cap. During altseason, this dominance drops as investors move capital into altcoins. A significant drop in Bitcoin dominance signals an altcoin season.

Earlier this year, Bitcoin's dominance fell from 54% to 50% in January. However, it has since rebounded, reaching 55% last month—the highest since the March 2021 crash, when dominance fell from 70% to 40%.

Altcoins usually see substantial price increases during altseason, often outpacing Bitcoin. Altseason is typically active when 75% of the top 50 altcoins outperform Bitcoin over three months.

In the last 90 days, only eight cryptocurrencies have outperformed Bitcoin. Even the meme coin hype and spot Ethereum ETF buzz failed to lift altcoins significantly.

Several factors contributed to the premature end of altseason:
1. Bitcoin’s Strength: The rising demand for Bitcoin, especially after the successful launch of a spot BTC ETF, has overshadowed altcoins.
2. Market Conditions: Bearish market trends and broader macroeconomic factors have dampened investor enthusiasm for altcoins.

Predicting the next altseason is tricky due to the inherent volatility of the crypto market. However, a pattern has emerged since 2022:
- August 2022: Second-to-last altseason.
- Six months later: Bitcoin season began.
- January 2023: Most recent altcoin season started.
- Five months later: Bitcoin season again.

If this pattern continues, we might expect the next altseason in approximately seven to eight months, around February 2025.

Looking like crypto degens wont be getting rich quick in 2024!😭😭
#BTC #bitcoin #altseason #altcoins $BTC $ETH

🔥Top 10 Public Companies with Massive Bitcoin Holdings

Discover the companies leading the Bitcoin revolution with billions in cryptocurrency assets. Michael Saylor’s personal BTC holdings will shock you—read on to find out!

10. Bitcoin Group SE
This German venture capital firm holds 3,830 BTC, valued at $275m. The firm’s investments include Germany’s first crypto bank, formed by merging a crypto exchange and a bank.

9. CleanSpark
This US-based mining firm, holds 6,154 BTC, worth $439m. The company is rapidly expanding, adding new mining facilities to boost its capacity.

8. Block, Inc
Block holds 8,027 BTC, valued at $573m. CEO Jack Dorsey has led the company in various Bitcoin-related initiatives, including developing mining technology and offering Bitcoin conversion services.

7. Galaxy Digital Holdings
Galaxy owns 8,100 BTC, worth nearly $578m. Founded by Michael Novogratz, the firm is heavily involved in the crypto space and manages a US spot Bitcoin ETF.

6. C0inbase Global, Inc.
C0|nB8se, holds 9,000 BTC, valued at $642m. The company went public in 2021 & remains a major Bitcoin holder.

5. Riot Platforms, Inc.
Riot has 9,084 BTC, worth $643m. The company continues to expand its mining operations in Texas.

4. Hut 8 Mining Corp
Hut 8 holds 9,109 BTC, worth $644m. The firm leverages its Bitcoin reserves through yield accounts, enhancing shareholder value.

3. Tesla
Tesla owns 9,720 BTC, worth $677m. Despite an on-and-off relationship with Bitcoin, Elon Musk’s company remains a significant player in the crypto market, having initially invested $1.50 billion in 2020.

2. Marathon Digital Holdings
This major Bitcoin mining company holds 17,631 BTC, valued at around $1.23 billion. In 2024, the firm aims to be North America’s largest Bitcoin miner.

1. MicroStrategy
MicroStrategy leads the pack, holding a staggering 214,400 BTC, worth $14.8 billion as of May 2024. CEO Michael Saylor personally owns 17,732 BTC, and has turned Bitcoin into the firm’s primary reserve asset.

These companies are shaping the future of digital finance.
#BTC #bitcoin

C👀uld Bitcoin Plunge Below $50,000? Crypto Analyst Predicts a Sharp Drop😕

Bitcoin's price has stalled at $71,000, creating uncertainty about its next move. Crypto analyst Alan Santana shares insights on whether a significant downturn could be imminent.

Alan Santana's analysis delves into Bitcoin's performance over the past year. He notes that Bitcoin has enjoyed a bullish trend for 479 days, from November 2022 to March 2024. However, prolonged bullish waves often precede sharp downturns as investors start selling off their holdings.

Santana explains that bearish waves tend to be 2-2.5 times faster than bullish ones. “When the market rises, people buy gradually, building up their positions. But during a correction, they either prepare in advance or sell off quickly once they sense the peak is reached,” he says. This quick selling can accelerate the downward movement.

Santana predicts a sharp drop for Bitcoin, potentially more than 30% from its current price of $71,000. He suggests an initial decline to around $60,000, with the crash potentially bottoming out at $47,943. This would represent a roughly 33% decrease, which could significantly impact the broader crypto market.

As Bitcoin hovers at a critical point, investors should brace for possible volatility.
#BTC #bitcoin #IOprediction #Binance200M #TopCoinsJune2024 $BTC

Tron (TRX) Rockets Past Resistance: What’s Next?

Tron (TRX) is on a tear, breaking above the $0.1150 resistance against the US Dollar. With TRX outpacing Bitcoin, could it soon surpass $0.1180?

Key Highlights:
- Tron breaks $0.1150 resistance, trading above $0.1155 and the 100-hour simple moving average.
- Bullish trend line support at $0.1160 on the TRX/USD hourly chart (Kraken data).
- Potential targets: $0.1200 and $0.1220.

While Bitcoin and Ethereum dipped below $68,500 and $3,750, Tron held firm above $0.1120, then surged past $0.1150. TRX climbed over 3%, hitting a high of $0.1170 and stabilizing above the 23.6% Fib retracement from $0.1102 to $0.1170.

Currently, TRX is trading above $0.1160 and the 100-hourly SMA, with a bullish trend line at $0.1160.

Immediate resistance is at $0.1170, with major resistance at $0.1180. A break above $0.1200 could propel TRX to $0.1225 and potentially $0.1320, targeting $0.150.

Support Levels:
If TRX faces rejection at $0.1200, look for support at $0.1160. Major supports are at $0.1150 and $0.1140, with further downside possible to $0.1136.

Technical Indicators:
- Daily MACD: Bullish momentum.
- Daily RSI: Above 50, indicating strength.
Support Zones: $0.1160, $0.1150, $0.1136.
Resistance Zones: $0.1180, $0.1200, $0.1220.

Tron’s impressive rally places it ahead of other altcoins. Keep an eye on key resistance levels to gauge the next big move.
#IOprediction #Binance200M #TopCoinsJune2024 #BTC #TRON $TRX

🔥5 Token Unlocks to Watch This Week: DOn't Become Exit Liquidity for VCs

Token unlocks release previously restricted tokens, often impacting market dynamics. Here are five key token unlocks happening this week.

Aptos $APT

- Unlock Date: June 12
- Tokens Unlocked:** 11.3 million APT
- Current Circulating Supply: 437.9 million APT
Despite its success, the Aptos project faces criticism for its venture capital-influenced tokenomics. The new tokens will go to the foundation, community members, core contributors, and investors.

Immutable $IMX

- Unlock Date: June 14
- Tokens Unlocked: 25.5 million IMX
- Current Circulating Supply: 11.48 billion IMX
Immutable, a Layer-2 solution for scaling NFTs on Ethereum, raised significant funds through token sales and investments, and will use the new tokens to further develop the Immutable ecosystem.

Cyber $CYBER

- Unlock Date: June 14
- Tokens Unlocked: 886,120 CYBER
- Current Circulating Supply: 22.3 million CYBER
This unlock represents nearly 4% of its circulating supply. These tokens will support the purchase of CyberIDs, voting on protocol improvements, and paying transaction fees.

Starknet (STRK)
- Unlock Date: June 15
- Tokens Unlocked: 64 million STRK
- Current Circulating Supply: 1.3 billion STRK
Starknet, developing a ZK-Rollup Layer-2 solution for Ethereum, will release 64 million STRK tokens.

Arbitrum (ARB)
- Unlock Date: June 16
- Tokens Unlocked: 92.6 million ARB
- Current Circulating Supply: 2.9 billion ARB
This unlock, valued at approximately $92.59 million, will be distributed to the team, advisors, and investors.

Other notable unlocks next week include Moonbeam (GLMR), dYdX (DYDX), and Render (RNDR), with a total value exceeding $232.53 million. While token unlocks can be seen as bearish, a strategic release schedule can enhance a project’s long-term success by motivating teams, boosting community engagement, and fostering ecosystem growth.
#BTC #bitcoin #altcoins #TopCoinsJune2024 #Binance200M

Bitcoin Volatility Hits Historic Low: A Massive 500% Rally Ahead?

Bitcoin is back above $70,000 after weeks of stagnant prices. This calm period could be a precursor to one of Bitcoin’s biggest bull runs yet. Here’s why.

Volatility often has a negative connotation, but in financial markets, it measures how quickly and significantly prices move. Analysts use historical volatility to compare past price movements.

Currently, Bitcoin's 2-week historical volatility is at its lowest ever. Historically, such lows have preceded massive rallies. The last two times Bitcoin was this calm, it surged over 9,000% and 2,000%, respectively, with the 2017 rally making Bitcoin a household name, rising from $1,000 to nearly $20,000.

Volatility is cyclical. After periods of low volatility, explosive price movements usually follow. While exact predictions are challenging, the pattern suggests a significant price surge could be imminent.

While Bitcoin might not see another 9,000% or 2,000% surge, a 200-500% rally is possible. This could mean Bitcoin reaching $140,000 to $350,000 from its current $70,000.

Although higher multiples are less likely due to diminishing returns, the potential for a substantial rally is high.
#bitcoin #BTC #BullRunAhead #TopCoinsJune2024 #Binance200M $BTC

Is Manipulation Affecting Bitcoin's Price or Is the ETF Inflows' 'Small' Impact a Coordinated Strategy?

Bitcoin ETFs have seen record inflows, with 17 consecutive days of net additions. On one notable Tuesday, ETFs saw $886.6 million in inflows, the second-highest single-day amount since their inception. The following day, inflows continued with $488.1 million, fueled by major players like Fidelity ($220.6 million), BlackRock ($155.1 million), and Ark ($71.4 million). Despite this massive capital influx, Bitcoin's price has only slightly increased, moving from $68,000 to $71,000 last week.

This muted price reaction has puzzled many. Typically, such inflows would push Bitcoin prices significantly higher. However, analysts suggest other factors are countering the upward pressure.

Crypto analytics platform The Kingfisher explained on X that a carry trade strategy might be influencing Bitcoin's price. They noted, “The BTC ETF inflows didn’t affect the price as much as you hoped it would? It might be due to a carry trade being loaded up. Short Futures + Buy Spot/ETF.”

A carry trade involves shorting Bitcoin futures while buying spot Bitcoin or Bitcoin ETF shares, hedging against price volatility and exploiting price discrepancies.

JJ the Janitor (@JLabsJanitor) elaborated, suggesting that big players use this strategy to fill spot orders by selling futures contracts. Once filled, they close the shorts, impacting the price correlation.

His follow-up, “Market manipulation or savvy investment strategy….what’s the difference?” raises ethical questions about these tactics.

X user Sahra critiqued the practicality of the carry trade, pointing out, “Carry trade should suppress funding rates naturally... these rates are far too low to justify a carry IMO.”

The Kingfisher acknowledged this anomaly, suggesting other factors like bullish sentiment or additional buying pressures might be offsetting the expected downward pressure from the carry trade.

What do you think?
#BTC #bitcoin #Binance200M #TopCoinsJune2024
#altcoins $BTC

🚀AI Tokens Set to Surge as Social Sentiment Hits Record Highs, Says Santiment

Blockchain analytics firm Santiment reports a potential rise in AI-focused crypto projects due to increasing social interest. CoinMarketCap data confirms this surge, showing an 80% increase in trading volumes for AI digital assets in the past day, despite an average sector decline of 7%.

The spike in social interest coincides with major advancements in AI. Nvidia briefly became the world’s second most valuable publicly traded company, with its market value exceeding $3 trillion. Bloomberg ETF analyst Eric Balchunas noted that Nvidia’s shares often traded higher than the combined volume of the top 20 US shares.

Nvidia’s stock has cooled off but remains a symbol of AI investment enthusiasm. Venture capitalist Nic Carter described Nvidia as “the most important company in the world today,” noting its staggering growth and its impact on pulling capital from other tech stocks.

AI startup CoreWeave Inc. attempted a takeover of Bitcoin miner Core Scientific after announcing a partnership expected to generate $3.5 billion in revenue. Core Scientific will provide 200 megawatts of capacity to power CoreWeave’s GPUs.

Decentralized AI projects Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) plan to merge into the Artificial Superintelligence Alliance (ASI). This merger, set to complete this month, aims to advance decentralized AI infrastructure and create a token with an estimated market cap of $6 billion, fueling further community interest.

These significant developments have driven up social volume for AI tokens. Historically, such heightened interest often leads to price increases, and crypto experts predict that AI-focused tokens could see substantial gains.
$FET $AGIX $OCEAN #AITokens #BTC #bitcoin #TopCoinsJune2024

Ripple Dumps $78 Million in XRP Tokens: What’s Next for Prices?

Ripple has offloaded 150 million XRP tokens worth $78 million, averaging $0.52 per token.

Ripple recently sold 150 million XRP tokens, totaling $78 million and representing 0.25% of XRP’s market cap. This follows the company’s earlier transfer of 3 billion XRP, worth nearly $1.5 billion, from its escrow wallet within 30 minutes.

This significant sale has sparked fears of a price impact, especially given Ripple's history of influencing XRP’s price with such moves. Speculation is mounting that Ripple might be gearing up for its biggest monthly XRP dump since 2017.
“Supply shock causes XRP to dip,” noted Coach K Crypto on X.

Despite these concerns, XRP's price remains relatively stable. BeInCrypto data shows XRP trading at $0.51, down 1.26% in the last 24 hours, aligning with broader market trends.

XRP is showing a bullish trend on the daily chart, maintaining higher lows. However, this trend is fragile as the price hovers just above the ascending trendline. A drop below this support could trigger panic selling.

The Relative Strength Index (RSI) is below the signal line, indicating increased selling pressure and a potential continuation of the price decline. Traders often view this as a signal to sell or short the asset.

The Parabolic Stop and Reverse (SAR) indicator supports this bearish outlook, tracking the XRP price from above. As long as this continues, the market sentiment will remain bearish.

With the RSI below 50, bears are in control, and a breakdown seems imminent. Losing support at the ascending trendline could send XRP tumbling to the $0.50 psychological level.

In a worst-case scenario, the price could fall to $0.4784, an 8% drop from current levels. Failing to hold this support could see XRP plummet further to $0.45, levels last seen on April 13. If the trendline support holds, XRP could rebound. A stable close above $0.5432 would attract buyers and invalidate the bearish outlook, potentially pushing the price to $0.65.
#XRP #BTC #bitcoin $XRP #altcoins

Bitcoin Plunge Explained: 4 Reasons Behind The Big Bitcoin Dump

Today, Bitcoin took a major hit, dragging the entire crypto market down with it. Here are the four main reasons behind the crash.

1. US Unemployment Report
The latest unemployment report revealed a rise to 4%, sparking fear and causing Bitcoin to plummet from $72K to $68K, triggering a market-wide selloff.

2. Mt. Gox Bitcoin Transfer
Concerns arose as $9 billion worth of Bitcoin was moved from the defunct Mt. Gox exchange. The uncertainty over these funds potentially hitting the market spooked investors.

3. Slowing Bitcoin ETF Inflows:
Spot Bitcoin ETFs saw slowing growth, signaling investor caution and hesitation to invest heavily in the current market conditions.

4. Panic Selling & High Greed Levels:
Investor panic coupled with a high greed index of 74 led to massive sell-offs by both SPOT ETF investors and smaller traders.

The market might see a slight recovery, but another sudden drop could push Bitcoin down to the $67K support level.
#bitcoin #BTC #altcoins #BnbAth #TopCoinsJune2024

$BTC

Why the Market is Down! US Jobs Report Sparks Major Bitcoin Dip, Wipes Out $500 Million in Open Interest

The latest US jobs report sent shockwaves through the cryptocurrency market, erasing over $500 million in Bitcoin open interest.

The US Bureau of Labor Statistics reported mixed employment data for May. While the establishment survey showed an increase of 272,000 new hires, the household survey revealed a rise in unemployment to 4.0%, the highest since January 2022. Average weekly hours remained unchanged at 34.3, signaling a sluggish economy, and average hourly earnings increased by 0.4% in May, a 4.1% rise from the previous year.

Private sector hiring averaged just over 200,000 new jobs per month over the last three to six months, up from 155,000 at the end of last year. The index of aggregate weekly payrolls for private-sector workers rose by 5.4% over the past year, down from the previous 6%-6.5% range, aligning with 2018’s highs.

Following the report, Bitcoin’s price corrected by 2%, dropping from $72,144 to $70,668, leading to substantial liquidations. IT Tech noted, “Over $500 million of Bitcoin open interest wiped out within minutes. Shorts and longs were liquidated.”

The mixed signals from the job report caused significant market fluctuations. An increase in hiring suggests economic strength, while rising unemployment and steady weekly hours point to underlying weaknesses.

Charles Edwards, founder of Capriole Investments, commented on the market’s reaction, noting, “Unemployment just hit the highest level since COVID, and markets whipsawed down. Often, the first move on these announcements is the wrong one. Time will tell. But it for sure looks like unemployment has bottomed now, which suggests US liquidity will need to rise and rise soon. Rate cuts incoming.”

Based on the latest jobs report, Bitcoin and other digital assets are expected to remain volatile. Exercise caution. If a long-term holder, probably do nothing. Don't freak out! Stick to your strategy.
#bitcoin #BTC #altcoins #TopCoinsJune2024 $BTC

Is a Price Crash Incoming From Arthur Hayes's Unstaking of $9.41M in PENDLE Tokens?

BitMEX co-founder Arthur Hayes has unstaked 1.55 million PENDLE tokens worth $9.41 million, sparking speculation about potential market moves.

The crypto community is abuzz after on-chain tracker Lookonchain revealed Hayes's transaction an hour ago. Hayes still holds 1.69 million PENDLE, valued at $10.26 million, with an average purchase price of $2.24 per token, yielding an unrealized profit of $6.46 million.

Data from LookOnChain indicates that Hayes’s transactions often align with PENDLE price spikes, suggesting strategic timing. His actions have historically influenced the token’s market dynamics, prompting discussions about potential profit-taking.

Pendle Finance, an Ethereum-based protocol, allows users to trade tokens while earning yields up to 47% on underlying assets. This innovative approach has significantly boosted PENDLE's market value.

While Hayes’s exact motives remain unclear, PENDLE’s recent market activity shows a slight dip of 0.7% to $6.06. The token’s market cap stands at $935 million with a fully diluted valuation of $1.57 billion and a 24-hour trading volume of $55 million.

As Hayes’s actions continue to stir market interest, investors should watch for potential price fluctuations. His significant holdings and strategic transactions suggest further market movements ahead.
#MarketSentimentToday #PENDLE #Binance55thProject(IO) #ETHETFsApproved #BTC $PENDLE

💥Central Banks Slash Interest Rates: Boost for Crypto?🚀

The European Central Bank (ECB) and the Bank of Canada (BoC) have cut interest rates, potentially energizing the crypto market.

The ECB trimmed its key rate to 3.75% from 4%, a move anticipated by the market despite persistent inflation in the eurozone. The BoC followed suit, lowering its key policy rate to 4.75% from 5%, marking the first G7 nation to reduce rates in this cycle.

The ECB's decision, driven by updated inflation forecasts, aims to ease monetary restrictions after a period of steady rates. Christine Lagarde, ECB President, stated the need to adjust policies based on inflation expectations and economic conditions.

The BoC's cut is designed to alleviate pressure on heavily indebted consumers. BoC Governor Tiff Macklem noted that future rate decisions will depend on continued trends in inflation.

Lower interest rates typically decrease borrowing costs, spurring consumer spending and business investment. This increased liquidity can boost investments in higher-yielding assets like cryptocurrencies. With traditional savings offering lower returns, investors may flock to riskier assets, potentially driving up crypto prices.

Both the ECB and BoC emphasize that future rate cuts will be data-dependent, reflecting a cautious approach in uncertain economic conditions. Economists predict the ECB may wait until September for another cut, while the BoC could act again in July.
#MarketSentimentToday #Binance55thProject(IO) #BnbAth #BTC #ETHETFsApproved $BTC $ETH $BNB

Crypto Influencers Report Mysterious Follower Freeze on X: Time to Migrate to Binance Square?

Prominent crypto influencers like PlanB, Raoul Pal, Crypto Rand, and Randi Hipper have noticed a puzzling halt in their follower growth on X (formerly Twitter), sparking concerns about potential shadow banning by the platform’s algorithm.

Shadow banning involves making a user's content less visible or invisible to others without notifying the user. While users can still post and engage, their content might be hidden, reducing its reach and engagement. This technique helps platforms moderate content discreetly, but can leave users feeling confused and unfairly targeted.

Influencers Speak Out
- PlanB, known for his stock-to-flow Bitcoin model, recently highlighted the issue, suggesting his follower growth has stalled inexplicably.

- Raoul Pal, founder of Real Vision and a former hedge fund manager, shared that his follower count has been stuck at 1.045 million for months. He described this stagnation as unusual given his account's historical growth rate.

- Crypto Rand mentioned his account has been stagnant at 300,000 followers for a year and a half, a stark contrast to its previous rapid growth.

- Randi Hipper expressed her frustration, noting she used to gain thousands of followers weekly, but now her follower count barely moves.

Bitcoin Archive offered an alternative perspective, suggesting the stagnation might reflect broader market trends rather than platform policies.

These influencers' experiences raise important questions about X’s policies and algorithms. Whether due to shadow banning or market conditions, the struggle to grow an online presence is real for many in the crypto community. This situation underscores the complexities of maintaining engagement and visibility in the ever-evolving world of social media.
#binance #Binance55thProject(IO) #BnbAth #ETHETFsApproved #BTC $BTC
$BNB

Major Whale Scoops Up $10 Million in Shiba Inu (SHIB) – Is Meme Coin Mania Back?

A major player in the meme coin world just made waves by purchasing a whopping $10 million worth of Shiba Inu (SHIB). This significant investment marks a growing trend of high-stakes moves in the volatile meme coin market.

Recent data from Spot On Chain reveals that the wallet 0x520 exchanged 1,593 Wrapped Ethereum (WETH) for 234.136 billion SHIB, valued at $6.07 million at an average price of $0.00002593. Interestingly, this wallet is tied to other major SHIB players: 0x761 and 0x913.

- 0x761: Acquired 5.16 trillion SHIB in March 2021 for just 45 Ethereum ($63,700). Later transferred 165.36 billion SHIB to 0x520, sold in October 2021 for a substantial profit.

- 0x913: Swapped 1,000 WETH for 149.3 billion SHIB ($3.83 million) today and previously received SHIB from 0x761 in 2021.

These coordinated purchases highlight a possible strategy or shared ownership among these wallets, driving nearly $10 million in SHIB acquisitions today. Consequently, SHIB's price surged by 8.45% in the past 24 hours.

Institutional interest in meme coins is also on the rise. A Bybit report noted a 226% increase in institutional investments in meme coins from February to March 2024, peaking at $293.7 million. Though a sell-off followed, the initial spike underscores a growing appetite for these speculative assets.

Adding to the momentum, DWF Labs, a prominent Web3 market maker, recently invested $12 million in Floki (FLOKI) and $5 million in Milady Meme Coins (LADYS). These moves reflect the increasing attention and investment in the meme coin sector.

Why This Matters
- Big Moves: The substantial investments by major crypto wallets indicate a renewed interest in meme coins.
- Market Impact: The recent surge in SHIB's price and other meme coins shows potential for high gains.
- Institutional Backing: With notable investments from big players like DWF Labs, meme coins are gaining credibility.

Beware of Whale manipulation!
#SHIB $SHIB #ETHETFsApproved #BTC #bitcoin #altcoins $PEPE $WIF

Top 5 Low-risk, High-reward Altcoins to Watch by Crypto Analyst Miles Deutscher

Renowned crypto analyst Miles Deutscher has spotlighted key altcoins poised for growth following a significant bullish signal from Bitcoin. As Bitcoin surged past $71k, Deutscher shared his top altcoin picks that could benefit from the positive momentum.

$ETH
Ethereum remains a top choice. ETH's ETF approval makes it more accessible to institutional investors, likely to drive its price higher. Ongoing improvements in scalability, security, and energy efficiency further enhance its appeal.

$BNB
Deutscher sees strong potential in Binance Coin, the native token of the Binance ecosystem. BNB has demonstrated resilience, achieved new all-time highs & is integral to the Binance Smart Chain (BSC), which is popular for its lower transaction fees and faster processing times compared to Ethereum. As more projects launch on BSC, the demand for BNB is expected to rise, boosting its value.

$FLOKI
Floki, a meme coin, has caught Deutscher’s attention due to its breakout potential. Like PEPE, FLOKI could see a possible 20% or more increase.

#Cake
PancakeSwap’s CAKE token is also on Deutscher’s radar. CAKE is reclaiming major support levels and breaking through significant moving averages. As the leading DEX on BSC, PancakeSwap benefits from the overall growth of the DeFi sector.

#ONDO‬⁩
Ondo Finance stands out in the real-world asset (RWA) sector. Deutscher highlighted ONDO’s strong performance and bullish price action. Ondo Finance focuses on tokenizing physical assets like real estate and commodities, increasing their liquidity and accessibility.

Deutscher’s analysis considers broader market dynamics, institutional inflows and improving sentiment. He noted BTC’s performance & strategic moves by major financial players like BlackRock & Citadel are driving current bullish sentiment. These institutions are pushing the RWA narrative, which could further boost interest in altcoins associated with RWAs.
#BTC #TopCoinsJune2024