BinanceLaunchpool
Binance is excited to announce the 53rd project on Binance Launchpool - Renzo (EZ), a liquid restaking protocol. Users will be able to stake their BNB and FDUSD into separate pools to farm EZ tokens over six days, with farming starting from 2024-04-24 00:00 (UTC).
Hot
Latest
Introducing Renzo (REZ) on Binance Launchpool! Farm REZ by Staking BNB and FDUSD
IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trading starting at 2024-04-30 12:00 (UTC). Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.
Fellow Binancians,
Binance is excited to announce the 53rd project on Binance Launchpool - Renzo (REZ), a liquid restaking protocol. The webpage is estimated to be available in 5 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm REZ tokens over six days, with farming starting from 2024-04-24 00:00 (UTC).
Listing
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
REZ Launchpool Details:
Token Name: Renzo (REZ)Max Token Supply: 10,000,000,000 REZ Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)Smart Contract Details: EthereumStaking Terms: KYC required Hourly Hard Cap per User: 147,569.44 REZ in BNB pool26,041.67 REZ in FDUSD pool
Supported Pools:
Stake BNB (webpage will be available in around 5 hours): 212,500,000 REZ in rewards (85%) Stake FDUSD (webpage will be available in around 5 hours): 37,500,000 REZ in rewards (15%)Farming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).
REZ Farming Accumulation
Dates (00:00:00 - 23:59:59 UTC each day)Total Daily Rewards (REZ)BNB Pool Daily Rewards (REZ)FDUSD Pool Daily Rewards (REZ)2024-04-24 - 2024-04-2941,666,666.6735,416,666.676,250,000
Read about Renzo (REZ) in our research report here, which will be available within 1 hour of publishing this announcement.
Project Links
Renzo WebsiteWhitepaperX
Please note:
Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour. Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.Tokens staked in each pool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.Binance BNB Vault and Locked Products will support the Launchpool. Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool, and receive new token rewards.If there are more than one Launchpool projects running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and allocated into each project equally unless otherwise specified.BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits.
Participation in Launchpool is subject to eligibility based on the user's country or region of residence. Please refer to the instructions on the Launchpool page.
Please note that the list of excluded countries provided below is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. Users need to complete their account verification and also be from an eligible jurisdiction to participate in farming REZ.
Currently, users residing in the following countries or regions will not be able to participate in farming REZ: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine
This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-04-23
Note: This announcement was last updated on 2024-04-23 to update the ticker of Renzo from EZ to REZ and amend the corresponding smart contract address.
Fellow Binancians,
Binance is excited to announce the 53rd project on Binance Launchpool - Renzo (REZ), a liquid restaking protocol. The webpage is estimated to be available in 5 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm REZ tokens over six days, with farming starting from 2024-04-24 00:00 (UTC).
Listing
Binance will then list REZ at 2024-04-30 12:00 (UTC) and open trading with REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading pairs. The Seed Tag will be applied to REZ.
REZ Launchpool Details:
Token Name: Renzo (REZ)Max Token Supply: 10,000,000,000 REZ Launchpool Token Rewards: 250,000,000 REZ (2.5% of max token supply)Initial Circulating Supply: 1,050,000,000 REZ (10.50% of max token supply)Smart Contract Details: EthereumStaking Terms: KYC required Hourly Hard Cap per User: 147,569.44 REZ in BNB pool26,041.67 REZ in FDUSD pool
Supported Pools:
Stake BNB (webpage will be available in around 5 hours): 212,500,000 REZ in rewards (85%) Stake FDUSD (webpage will be available in around 5 hours): 37,500,000 REZ in rewards (15%)Farming Period: 2024-04-24 00:00 (UTC) to 2024-04-29 23:59 (UTC).
REZ Farming Accumulation
Dates (00:00:00 - 23:59:59 UTC each day)Total Daily Rewards (REZ)BNB Pool Daily Rewards (REZ)FDUSD Pool Daily Rewards (REZ)2024-04-24 - 2024-04-2941,666,666.6735,416,666.676,250,000
Read about Renzo (REZ) in our research report here, which will be available within 1 hour of publishing this announcement.
Project Links
Renzo WebsiteWhitepaperX
Please note:
Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour. Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.Tokens staked in each pool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.Binance BNB Vault and Locked Products will support the Launchpool. Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool, and receive new token rewards.If there are more than one Launchpool projects running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and allocated into each project equally unless otherwise specified.BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits.
Participation in Launchpool is subject to eligibility based on the user's country or region of residence. Please refer to the instructions on the Launchpool page.
Please note that the list of excluded countries provided below is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. Users need to complete their account verification and also be from an eligible jurisdiction to participate in farming REZ.
Currently, users residing in the following countries or regions will not be able to participate in farming REZ: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine
This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-04-23
Note: This announcement was last updated on 2024-04-23 to update the ticker of Renzo from EZ to REZ and amend the corresponding smart contract address.
Binance announces the completion of the 27th quarterly $BNB burn with 1,944,452.51 $BNB burned, representing a value of approximately $1.17 billion.
This is why I say it's very, very important to have BNB in your wallet.
Just look at the utility of BNB today
- Launchpool
-Launchpad,
-gas fees...
BNB is definitely going to skyrocket, guys.
#BinanceLaunchpool
#BNB
This is why I say it's very, very important to have BNB in your wallet.
Just look at the utility of BNB today
- Launchpool
-Launchpad,
-gas fees...
BNB is definitely going to skyrocket, guys.
#BinanceLaunchpool
#BNB
Things are not looking good for the crypto community in Nigeria
The central bank of Nigeria CBN is after P2P Merchant and the platforms they are engaged with .
Bybit
OKX
Binance
Kucoin
exchanges under massive threat & restricted from p2p services.
This is very embarrassing from the govt trynna make things difficult for youths while they fight for their lives.
#BinanceLaunchpool
The central bank of Nigeria CBN is after P2P Merchant and the platforms they are engaged with .
Bybit
OKX
Binance
Kucoin
exchanges under massive threat & restricted from p2p services.
This is very embarrassing from the govt trynna make things difficult for youths while they fight for their lives.
#BinanceLaunchpool
Certainly, let's talk about $PEPE . Despite its meme coin status and the hype surrounding it, achieving $1 seems improbable due to its substantial circulating supply. However, reaching $0.001 is plausible given the volatility of the crypto market. It's important not to solely bank on predictions of hitting $1; instead, considering long-term investment strategies could still result in profitable returns.
#BinanceLaunchpool
#BinanceLaunchpool
A big investor spent a lot of a cryptocurrency called $SOL, which is worth around $1.49 million, to buy almost 3 million $SLERF coins in the last two days. This investor has a history of buying $SLERF when the price is high and selling when it's low. You've done 7 transactions with $SLERF, 5 of which lost money, totaling a loss of about $5,862 in $SOL. Do you think this investor will make a profit this time?
#BinanceLaunchpool $USDC
#BinanceLaunchpool $USDC
FREE MONEY AFTER ONE WEEK OR ONE MONTH?
Which One Do You Prefer Renzo Protocol Available On Binance Launchpool & GEMS Token available on Private Sell?
To earn free Money On Renzo you need to stake BNB or FDUSD while on the side of GEMS Token you buy at the current price of $0.07 and then after one month round 4 you double your money after the price selling at $0.14
That is the important of doing your own research when you decide to invest in crypto space because it is a game of chance to those who take action at the earliest stages😋😇 If you want to know more about GEMS Token please DM @ Kasonso Tel
Do your own research!
#BinanceLaunchpool
Which One Do You Prefer Renzo Protocol Available On Binance Launchpool & GEMS Token available on Private Sell?
To earn free Money On Renzo you need to stake BNB or FDUSD while on the side of GEMS Token you buy at the current price of $0.07 and then after one month round 4 you double your money after the price selling at $0.14
That is the important of doing your own research when you decide to invest in crypto space because it is a game of chance to those who take action at the earliest stages😋😇 If you want to know more about GEMS Token please DM @ Kasonso Tel
Do your own research!
#BinanceLaunchpool
Despite Bitcoin's stagnant rate, the fluctuation of meme tokens suggests potential for significant movement if Bitcoin rises. Speculation suggests meme tokens could reach:
- $BTC: $100k
- $SHIB: 0.001
- $BONK: 0.001
- #pepe: 0.0001
This isn't financial advice; please conduct your research.
#BinanceLaunchpool #BitcoinHalving
- $BTC: $100k
- $SHIB: 0.001
- $BONK: 0.001
- #pepe: 0.0001
This isn't financial advice; please conduct your research.
#BinanceLaunchpool #BitcoinHalving
Do not buy $BNB to stack it in the launchpool!
Here's Why 👇
The price is quite high and there is no guarantee that you're gonna sell it back in the same price for a while!
If there's a bitcoin correction and that's a must to get back over 70k again the BNB should take a while to pump again.
$BNB #BinanceLaunchpool #launchpod #rezlaunchpool
Here's Why 👇
The price is quite high and there is no guarantee that you're gonna sell it back in the same price for a while!
If there's a bitcoin correction and that's a must to get back over 70k again the BNB should take a while to pump again.
$BNB #BinanceLaunchpool #launchpod #rezlaunchpool
#pepe Will easily hit more then 1$ - because Every buy,sell or trade with coin #pepe burn some amount of coins.
To today’s date they already burned 8,2 trilion coins of 420 trillion and #pepe is only 1 year old.
This amount of burned coins will only increase in the time.
Easy math.📈💸
#BinanceLaunchpool #bitcoinhalving #PepeToRunTheBull
To today’s date they already burned 8,2 trilion coins of 420 trillion and #pepe is only 1 year old.
This amount of burned coins will only increase in the time.
Easy math.📈💸
#BinanceLaunchpool #bitcoinhalving #PepeToRunTheBull
⚠️ Bitcoin update (continuous) ⚠️
🔸Bitcoin is still trading inside the rising wedge pattern.
🔸The price attempted to break above the trendline resistance but was rejected.
🔸Once we break the lower trendline, we may see a downward move in Bitcoin.
🔸The immediate support area is $63,000.
Stay tuned!
$BTC #BinanceLaunchpool #cryptoease
🔸Bitcoin is still trading inside the rising wedge pattern.
🔸The price attempted to break above the trendline resistance but was rejected.
🔸Once we break the lower trendline, we may see a downward move in Bitcoin.
🔸The immediate support area is $63,000.
Stay tuned!
$BTC #BinanceLaunchpool #cryptoease
🎉📢📢Pepe's value is expected to exceed $1 easily due to its deflationary mechanism. With every buy, sell, or trade of coin #pepe, a portion of coins is burned. Currently, they've already burned 8.2 trillion coins out of 420 trillion, and Pepe is just one year old.
This ongoing reduction in supply will likely drive up its value over time. It's simple math and a compelling reason to share this with friends! 📈💸
#BinanceLaunchpool
#Memecoins
#pepe
#HotTrends
#signaladvisor $PEPE
This ongoing reduction in supply will likely drive up its value over time. It's simple math and a compelling reason to share this with friends! 📈💸
#BinanceLaunchpool
#Memecoins
#pepe
#HotTrends
#signaladvisor $PEPE
peace to all of you once again
Bitcoin rate is stuck at one place And if we look at the mem tokens, the mem tokens are fluctuating with each other. So this suggests that if Bitcoin goes up even a little bit then no one will stop the mem token. Whatever price the experts have told for Over Mem Token, it will definitely meet the target.
As I think this means tokens can reach like this
$BTC 100k
$SHIB 0.001
$BONK 0.001
#pepe 0.0001
This is not my opinion, it is not a crypto advice, please do your research.
#BinanceLaunchpool #bitcoinhalving
Bitcoin rate is stuck at one place And if we look at the mem tokens, the mem tokens are fluctuating with each other. So this suggests that if Bitcoin goes up even a little bit then no one will stop the mem token. Whatever price the experts have told for Over Mem Token, it will definitely meet the target.
As I think this means tokens can reach like this
$BTC 100k
$SHIB 0.001
$BONK 0.001
#pepe 0.0001
This is not my opinion, it is not a crypto advice, please do your research.
#BinanceLaunchpool #bitcoinhalving
𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗼𝗻 $𝗘𝗡𝗔 𝗮𝗻𝗱 𝗪𝗶𝘀𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀
If you purchased $ENA at various prices around $1.52, $1.50, and $1.48, your average buying price is approximately $1.49. Considering selling?
If your purchase was below $1.10, holding onto it might be wise.
Whales and significant investors may seek to deter easy profits, potentially buying when others sell at a loss.
With Binance as an investment partner, $ENA holds strong potential. Whether to trust in its future profitability is ultimately your decision.
Note: These are third-party opinions, not financial advice. Share with friends to spread the insights! 📈
#ENA #BinanceLaunchpool #bitcoinhalving #Megadrop #BullorBear
If you purchased $ENA at various prices around $1.52, $1.50, and $1.48, your average buying price is approximately $1.49. Considering selling?
If your purchase was below $1.10, holding onto it might be wise.
Whales and significant investors may seek to deter easy profits, potentially buying when others sell at a loss.
With Binance as an investment partner, $ENA holds strong potential. Whether to trust in its future profitability is ultimately your decision.
Note: These are third-party opinions, not financial advice. Share with friends to spread the insights! 📈
#ENA #BinanceLaunchpool #bitcoinhalving #Megadrop #BullorBear
Memecoins are starting to make their explosive move for memecoin season round 2.
$BONK and $PEPE have kickstarted their move.
$FLOKI will follow aggressively IMO.
With 23% of supply staked for up to 4 years, several strong catalysts this year, and a brand recognized by billions, I believe #Floki will lead this memecoin season!
#BinanceLaunchpool #bitcoinhalving #Megadrop
$BONK and $PEPE have kickstarted their move.
$FLOKI will follow aggressively IMO.
With 23% of supply staked for up to 4 years, several strong catalysts this year, and a brand recognized by billions, I believe #Floki will lead this memecoin season!
#BinanceLaunchpool #bitcoinhalving #Megadrop
"My Favorite MEME Trends and Real Forecasts for 2025
Here are my top picks for MEME trends and their predicted price changes for 2025:
1. $PEPE: +233.67%
2. $BOME: +227.77%
3. $BONK: +235.13%
4. $SHIB: +229.64%
5. $PIKA: +229.54%
6. $TOSHI: +224.68%
7. $FLOKI : +231.69%
8. $MEME : +229.76%
9. $DOGE: -13.63% (note: this one is a bearish prediction)
10. $WIF : +30.89%
Please keep in mind that these predictions are based on current trends and may not necessarily come to pass. Cryptocurrency markets can be highly volatile and unpredictable."#Memecoins #BinanceLaunchpool #Megadrop
Here are my top picks for MEME trends and their predicted price changes for 2025:
1. $PEPE: +233.67%
2. $BOME: +227.77%
3. $BONK: +235.13%
4. $SHIB: +229.64%
5. $PIKA: +229.54%
6. $TOSHI: +224.68%
7. $FLOKI : +231.69%
8. $MEME : +229.76%
9. $DOGE: -13.63% (note: this one is a bearish prediction)
10. $WIF : +30.89%
Please keep in mind that these predictions are based on current trends and may not necessarily come to pass. Cryptocurrency markets can be highly volatile and unpredictable."#Memecoins #BinanceLaunchpool #Megadrop
Did you see guys Pepe coin
My favorite crypto coin is Pepe and Pepe is doing his job very great iwill buy Pepe on 0.00000333 and hold it for long no it will go to 0.00000800 a massive profit I can earn now Iam selling my half Pepe coin and half Pepe iwill hold it please follow my page
#BinanceLaunchpool #bitcoinhalving #Megadrop #Token2049 #BullorBear $PEPE
My favorite crypto coin is Pepe and Pepe is doing his job very great iwill buy Pepe on 0.00000333 and hold it for long no it will go to 0.00000800 a massive profit I can earn now Iam selling my half Pepe coin and half Pepe iwill hold it please follow my page
#BinanceLaunchpool #bitcoinhalving #Megadrop #Token2049 #BullorBear $PEPE
After advising to hold onto your coins despite market skepticism during the halving, I took my own advice and held on. Now, I've sold 50% of my coins because my analysis suggested a market downturn, but it hasn't materialized yet, and the market is even trending upward. If my analysis is proven wrong in the next 24 to 48 hours, I apologize. I suggested selling 50% of your coins and holding the rest, then buying back during a dip with the proceeds. It's difficult to express my feelings as I remain convinced, based on my analysis, that the market will fall. Remember to research thoroughly before investing in cryptocurrencies.#BinanceLaunchpool #bitcoinhalving #BullorBear $SOL
#BinanceLaunchpool "Unlock Your Path to Becoming a Crypto Millionaire in 2024-2025!
Take control of your financial future and learn effective trading strategies to succeed in the DeFi market. Here are 7 potential opportunities:
1. $LINK: 7x to 10x returns
2. $UNI: 6x to 8x returns
3. $GRT: 10x to 12x returns
4. $AAVE: 12x to 15x returns
5. $RUNE: 15x to 19x returns
6. $ROSE: 25x to 35x returns
7. $JUP: 7x to 10x returns
Remember, investing in cryptocurrency carries risks, and it's essential to do your research and consider your risk tolerance before making any investment decisions."
Cryptocurrency investments carry risks and require thorough research and consideration.
Take control of your financial future and learn effective trading strategies to succeed in the DeFi market. Here are 7 potential opportunities:
1. $LINK: 7x to 10x returns
2. $UNI: 6x to 8x returns
3. $GRT: 10x to 12x returns
4. $AAVE: 12x to 15x returns
5. $RUNE: 15x to 19x returns
6. $ROSE: 25x to 35x returns
7. $JUP: 7x to 10x returns
Remember, investing in cryptocurrency carries risks, and it's essential to do your research and consider your risk tolerance before making any investment decisions."
Cryptocurrency investments carry risks and require thorough research and consideration.
BUYING SIGNAL FOR SPOT
$SEI
Entry: $0.65-$0.5
Exit: $0.8-$1-$1.5
It's down 60% from the previous high, through which this is a significant zone of interest to be going for. if you are looking for long term investment and want 1-2x in return go for $SEI .
#BinanceLaunchpool #BTC
$SEI
Entry: $0.65-$0.5
Exit: $0.8-$1-$1.5
It's down 60% from the previous high, through which this is a significant zone of interest to be going for. if you are looking for long term investment and want 1-2x in return go for $SEI .
#BinanceLaunchpool #BTC
Analysis: Forecasting Shiba Inu (SHIB) Price Movement for April 25, 2024🤯💥
Shiba Inu (SHIB), a prominent cryptocurrency, is currently experiencing a notable downturn in its price trajectory. Over the past week, SHIB has declined by 21%, followed by decreases of 18.6% and 9.6% in the 14-day and monthly charts, respectively.
This recent dip in SHIB's value appears to be closely linked to Bitcoin (BTC) dropping below $62,000. Furthermore, escalating geopolitical tensions, particularly the recent conflict between Iran and Israel, are contributing to investor apprehension, potentially precipitating a broader market decline.
The utilization of artificial intelligence (AI) in predicting SHIB's price movement offers insights into its future trajectory. According to CoinCodex, SHIB is poised to reverse its current trend, with a projected price of $0.00003160 on April 25, 2024, reflecting a potential increase of 44.62% from present levels. Additionally, CoinCodex forecasts a bullish trend for SHIB extending at least until mid-May, with a projected price target of $0.00007668 on May 17, 2024. Should SHIB sustain a price point of $0.00007, the possibility of achieving a new all-time high is plausible, given its current 74.5% decrease from its peak of $0.00008616 in October 2021.
Changelly echoes CoinCodex's optimistic outlook, projecting a price of $0.00003310 for SHIB on April 25, 2024, and anticipating a further increase to $0.00007558 by May 16, 2024.
The alignment of forecasts from both platforms underscores the prevailing sentiment surrounding SHIB's potential for growth. Additionally, the imminent halving cycle of BTC is poised to catalyze a market-wide rally, further propelling SHIB's price.
As investors navigate these dynamic market conditions, it is essential to stay informed and exercise prudent decision-making. The insights provided by AI-driven predictions offer valuable guidance in navigating the intricacies of cryptocurrency investments.
#BinanceLaunchpool #bitcoinhalving #Memecoins
Shiba Inu (SHIB), a prominent cryptocurrency, is currently experiencing a notable downturn in its price trajectory. Over the past week, SHIB has declined by 21%, followed by decreases of 18.6% and 9.6% in the 14-day and monthly charts, respectively.
This recent dip in SHIB's value appears to be closely linked to Bitcoin (BTC) dropping below $62,000. Furthermore, escalating geopolitical tensions, particularly the recent conflict between Iran and Israel, are contributing to investor apprehension, potentially precipitating a broader market decline.
The utilization of artificial intelligence (AI) in predicting SHIB's price movement offers insights into its future trajectory. According to CoinCodex, SHIB is poised to reverse its current trend, with a projected price of $0.00003160 on April 25, 2024, reflecting a potential increase of 44.62% from present levels. Additionally, CoinCodex forecasts a bullish trend for SHIB extending at least until mid-May, with a projected price target of $0.00007668 on May 17, 2024. Should SHIB sustain a price point of $0.00007, the possibility of achieving a new all-time high is plausible, given its current 74.5% decrease from its peak of $0.00008616 in October 2021.
Changelly echoes CoinCodex's optimistic outlook, projecting a price of $0.00003310 for SHIB on April 25, 2024, and anticipating a further increase to $0.00007558 by May 16, 2024.
The alignment of forecasts from both platforms underscores the prevailing sentiment surrounding SHIB's potential for growth. Additionally, the imminent halving cycle of BTC is poised to catalyze a market-wide rally, further propelling SHIB's price.
As investors navigate these dynamic market conditions, it is essential to stay informed and exercise prudent decision-making. The insights provided by AI-driven predictions offer valuable guidance in navigating the intricacies of cryptocurrency investments.
#BinanceLaunchpool #bitcoinhalving #Memecoins
$ENA recent performance indicates a concerning trend. After breaking a strong support level at 0.992, it has struggled to surpass the 1.0 mark. Currently trading below 0.99, it's likely to head towards its next support level at 0.944. If this level is breached, there's limited support before reaching 0.81. Fibonacci analysis confirms the break below the golden ratio of 0.618, signaling further bearish momentum. Traders should exercise caution as ENA's downward trend shows no signs of reversal.
This is not financial advice, please do your own research (DYOR).
#BinanceLaunchpool #bitcoinhalving #Megadrop #BullorBear
This is not financial advice, please do your own research (DYOR).
#BinanceLaunchpool #bitcoinhalving #Megadrop #BullorBear
