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Gorilla defi is all set to launch within 24 hours, world's biggest presale staking protocol #gorilladefi

Gorilla defi is all set to launch within 24 hours, world's biggest presale staking protocol #gorilladefi

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Bitcoin halving anticipation causing crypto market recovery: After Bitcoin's price briefly broke past $72,000 for the first time in April, several altcoins posted gains, breaking out of the general crypto market stalemate. For example, Ethereum (ETH), XRP, Toncoin (TON), Cardano (ADA), and Avalanche (AVAX) are all up 8.4%, 4.8%, 17.7%, 4.7% and 3.1%, in the past twenty-four hours, respectively. The recent price surge comes off growing anticipation for the fourth Bitcoin halving, which is eleven days away. The Bitcoin halving, which will reduce the inflationary rate of Bitcoin by 50%, will see miners facing a depletion in mining rewards. After every halving event, Bitcoin usually records substantial price increases. Due to its high correlation with other assets in the crypto market, several altcoins also follow suit and see significant price growth. Data from CoinGecko shows that Bitcoin and altcoins' prices usually grow to new highs after halving events. Hence, Monday's buying spree in Bitcoin and altcoins may represent investors' preparation for another potential post-halving bull run. This coincides with a recent prediction by Ripple CEO Brad Garlinghouse, who expects the crypto market to double in size to $5 trillion by the end of the year. However, Glassnode and Coinbase analysts have said that the halving effect may already be priced into Bitcoin as the largest digital asset broke its previous all-time high for the first time before a halving event.
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Bitcoin, Ethereum, and Ripple Price Predictions: Bitcoin's Price Outlook: With the BTC halving approaching in two weeks, there's a potential buying opportunity as Bitcoin may retest the supply zone between $58,375 and $65,518. BTC is currently overbought, indicated by the falling Relative Strength Index (RSI) and decreasing histogram bars on the Awesome Oscillator (AO). While consolidation around $69,000 on the weekly timeframe suggests a pullback before a bullish breakthrough, a close above $69,000 could signal further upward movement towards $73,777 or even $75,000. Ethereum's Potential Move to $4,000: Ethereum (ETH) maintains its position above the ascending parallel channel and trendline, aiming for the $4,000 psychological level. However, this target depends on Bitcoin's ability to reclaim ground above $69,000. XRP's Outlook at $0.5000: Ripple (XRP) might decline further towards the psychological level of $0.5000 if it closes below $0.5783. The RSI below 50, negative MACD, and bearish AO histogram indicate a bearish sentiment, suggesting potential exits by XRP holders to avoid losses.
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Chainlink price gains could extend riding on bullish on-chain metrics
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Over the past week, over $1.6B in liquidations, primarily affecting long positions. ๐Ÿ“‰๐Ÿ’ธ | Check out the top exchanges for both longs and shorts liquidations. #Crypto #Liquidations #Markets ๐Ÿš€
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๐Ÿ˜Žย  GORILLA DeFiย  Presents: The Worldโ€™s Biggest Crypto Giveaway!๐Ÿ˜Ž ๐ŸŽ๐ŸŽ๐ŸŽ๐ŸŽ 10 MILLION$ USDC ๐ŸŽ๐ŸŽ๐ŸŽ๐ŸŽ ๐Ÿš€ Launching on January 23rd โ€” Get Ready for the Ultimate Staking Experience! ๐ŸŒ Swap to Win Your Share of $10 Million USDC! โœจ๏ธโœจ๏ธ How to Participateโœจ๏ธโœจ๏ธ ๐ŸŽ—ย  Mark Your Calendar: The staking protocol kicks off on January 23rd. Donโ€™t miss out on the crypto event of the year! ๐ŸŽ— Swap with Ease: Swap your $USDC for $GOD and vice versa using our Intelligent Dynamic Order Queue System (IDOQS). Minimum swap starts at 50 $GOD. ๐ŸŽ— Earn Lucrative Rewards: The more you swap, the more you earn! Check out the amazing rewards for every swap: ๐Ÿ†Swap 10,000 $GOD โžก๏ธ Reward: 500 $USDC ๐Ÿ†Swap 5,000 $GOD โžก๏ธ Reward: 250 $USDC ๐Ÿ†Swap 1,000 $GOD โžก๏ธ Reward: 50 $USDC ๐Ÿ†Swap 500 $GOD โžก๏ธ Reward: 25 $USDC ๐Ÿ†Swap 100 $GOD โžก๏ธ Reward: 5 $USDC ๐ŸŽ—No Limit, More Rewards: Thereโ€™s no cap on the number of swaps you can make! Dive into the Gorilla DeFi and multiply your rewards. ๐ŸŽ—Claim Your Prize :After swapping, send us a screenshot of your $GOD holdings along with your wallet address. Once verified, youโ€™ll receive your well-deserved $USDC rewards. ๐ŸŽ—. Maximize Your Gains: Feel free to swap $GOD back to $USDC or stake it for even more rewards. The choice is yours! ๐Ÿ’ฐ Total Reward Pool: $10 Million USDC โ€” Grab Your Share Before Itโ€™s Gone! ๐Ÿ“… Limited Time Offer: Act fast! Once all the rewards are allocated, the giveaway comes to an end. Donโ€™t miss your chance to be part of history! ๐Ÿ‘‰ Important Note: The $GOD token is fixed at a 1:1 ratio with $USDC. Every $GOD is equal to $1 USDC. ๐ŸŒ Powered by Gorilla DeFi: Join us in reshaping the future of decentralized finance! ๐Ÿš€ Unlock the Potential โ€” Swap, and Win Big with Gorilla DeFi! ๐Ÿš€
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