I beg you, stop buying XRP, for the love of God, this is going to be a bloodbath!
The chart is terribly overvalued... there is no support at all, it is just going up... when it falls, it will fall hard, thousands will be liquidated. Many new investors will lose all their savings in this.
Look at the Bollinger bands (20, 3), it broke the upper in a violent manner in the Monthly, Weekly and Daily. Anyone who understands Bollinger knows that the asset will fall to find support in the moving average (middle line), it will be a bloodbath.
It is better to get out now than to be stuck at the top for years!
BONK, WIF, and PEPE Slump Double-Digits While $GFOX Looks Unstoppable
The post BONK, WIF, and PEPE Slump Double-Digits While $GFOX Looks Unstoppable appeared first on Coinpedia Fintech News
Disappointing US inflation data triggered caution across the cryptocurrency market, hitting meme coins particularly hard. $BONK, $WIF, and $PEPE all experienced double-digit losses as investors shield away from highly volatile assets. However, $GFOX stands out. It has stunned analysts and investors by demonstrating the ability to surpass most popular cryptocurrency coins in terms of growth.
$BONK Slumps 35% From All-time High. Can It Rebounce?
$BONK meme coin, dubbed the ‘dog coin’ of the people, began as a free airdrop to the Solana community back in 2022. Its immediate popularity sparked a buying frenzy, resulting in a 30% price surge within the first 48 hours.
Earlier in the month, $BONK price continued to surge amidst the bull rally, reaching a new all-time high of $0.00004704 and shattering its previous record of $0.00003419.
However, $BONK Slumped by 35% from its recent all-time high, signifying a massive market correction. As the market adjusts to the price plunge, $BONK remains a strong contender. Analysts expect that it could still rally again to new heights.
$WIF Faces Major Turbulence, Slumps 12% as Investor Confidence Wanes
After the release of last month’s US inflation data, the resulting market turbulence seems to affect meme coins significantly. This is evident in the 12% drop experienced by $WIF within 24 hours. It now trades at $2.85. The performance of the meme coin sector mirrors a broader market downturn that has also shaved 6% off Bitcoin’s (BTC) price. Despite reaching an all-time high earlier, BTC now trades at $68,118.
The sudden bullish momentum on Tuesday, March 12th, fizzled out by Thursday. With $WIF’s Relative Strength Index (RSI) near 50, a significant decline seems unlikely unless Bitcoin weakens. Even then, WIF should find solid support at $2.
$PEPE Struggles to Maintain Foothold Amidst Market Pressures
The price of $PEPE fell sharply by 17% after rising to an all-time high of $0.0001064. This correction was probably caused by a mix of whale profit-taking, an overextended rally, and Bitcoin’s decline below $70,000.
The price of $PEPE is currently hovering around the 38.2% Fibonacci retracement level. Should there be continued selling pressure, it can breach the 38.2% support level and drop as low as $0.000006. A breach of this crucial horizontal support, which corresponds to the 50% retracement level, could indicate decreasing buyer strength.
Given the current positive market sentiment, the token’s price is likely to rise. This optimism is fueled by rising volumes of Bitcoin ETFs, the potential for Ethereum ETFs, and the approaching Bitcoin halving. Based on this, enthusiasts anticipate a bright future.
$GFOX: New Meme Token with Great Potential
Galaxy Fox is a web3 based platform with special functionality. $GFOX is the native token of Galaxy Fox, which also doubles as a play-to-earn platform with an exciting explorative runner game.
$GFOX is not just a memetoken, it’s a cryptocurrency with a lot of functionality and use cases. Despite the meme market’s recent decline, $GFOX is increasingly getting more popular and reaching significant milestones in its presales which is currently at the last stage.
With more than $3.4 billion tokens sold and over $5 million generated, $GFOX has cemented its place as one of the most profitable presales in the history of memetokens. As it stands early investors in the token are in course to reap a maximum ROI of about 450% by the time it launches on exchange platforms.
The Galaxy Fox ecosystem uses $GFOX as its in-game currency, which is essential for incentivizing players. Players receive incentives based on how well they perform in games. As a reward, they receive points that they can exchange for $GFOX tokens. Additionally, 50% of the money made via the sale of in-game assets goes to the top 20% of players.
There is also a reward for staking the tokens, this reward comes from Galaxy Fox’s Stargate which is the central reward hub in the Galaxy Fox ecosystem. Also, with every transaction within its ecosystem, Galaxy Fox takes 6% tax and royalties in which 2% goes into the liquidity pool, 2% to the treasury, and 2% into the staking pool.
Conclusion
Dissatisfying US inflation data has dampened investor enthusiasm for some crypto assets, leading to a sharp decline in the meme coin sector. $BONK, $WIF, and $PEPE all experienced double-digit losses. However, $GFOX continues to defy expectations with a thriving presale. Galaxy Fox, with its innovative strategy and increasing community, is already disrupting the meme coin landscape.
There’s a 15% discount if you join the Galaxy Fox ecosystem right now. Visit the website to buy $GFOX tokens and join the telegram community for latest updates!
$FUEL is valued at $400M and is ready to reward us! It's gonna be bigger than Celestia. Cost: FREE
Fuel has raised $81.5M in investment from The Spartan Group, CoinFund, Blockchain Capital, and other major funds.
Celestia & Fuel:
The founder of Celestia is also the founder of Fuel, which has conducted a successful airdrop.
Let's compare: Celestia airdropped $1,500+ and raised $55M / Fuel secured $88M and has a higher valuation.
1/ Download the wallet
• Go to wallet.fuel.network/docs/install • Click on "Install Fuel Wallet". • Сreate a wallet.
2/ Faucet Fuel
• Go to faucet-beta-5.fuel.network/ • Paste your wallet address. • Click on "Give me ether".
3/ Faucet Sepolia
• Go to sepoliafaucet.com • Paste your wallet address. • Click on the "Send Me ETH".
4/ Send
• Open your Fuel wallet. • Copy your wallet address. • Click on "Send". • Paste your address. • Enter the amount. • Click on "Confirm".
Send your address in the comments, to make more transactions.
5/ Bridge
• Go to app.fuel.network/portal/bridge?from=eth&to=fuel • Connect your MetaMask & Fuel wallets. • Enter the amount. • Click on "Deposit". • Send ETH from Sepolia to $FUEL. • Send ETH from $FUEL to Sepolia.
6/ Mint NFTs
• Go to thundernft.market/marketplace • Connect your Fuel wallet. • Interact with any NFT.
7/ Guild
• Go to guild.xyz/fuel • Connect your wallet. • Complete all tasks. • Take away all the roles.
8/ Discord
• Go to discord.com/invite/xfpK4Pe • Verify your account. • Stay tuned for updates.
I hope my article was helpful. If so, please do not hesitate to :
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On Binance it was listed from $0.2 to $7.7 but on HTX the maximum value was from $0.3 to $4.4. Why this difference?
LIVE
CRYPTO_APE
--
🛑$STRK: Cautionary Tale , Several individuals experiencing substantial losses, with many selling at a deficit .
🛑 My followers shared losses of $210, $180, $70, $500. A regrettable situation.
🛑 As previously advised, avoid purchasing #strk above $4 under any circumstances. My recommendation was to buy around $2.5 or a maximum of $3, then wait, sell, and take profits.
🛑However, current fluctuations are part of trading. Nevertheless, consider selling 50% at approximately $4; it's likely to reach that point again. Given its market cap exceeding $2 billion, there's potential for an upward trend. Hold and wait. If you find it risky, consider selling 50%. Always #Write2Earn
Welcome to the universe of Galaxy Fox, an exhilarating web3 game where you can embark on an extraordinary journey of collecting, nurturing, and engaging in thrilling battles with your very own Galaxy Fox NFTs.
ASTRONOMICS
Total Token Supply (5,000,000,000)
5% Competitions and prizes (250,000,000)
10% Liquidity pool (500,000,000)
5% Team tokens (250,000,000)
10% Ecosystem (500,000,000)
70% of tokens sold via public sale (3,500,000,000)
TOKENS $GFOX is a groundbreaking token that combines play-to-earn mechanics with meme culture. Earn rewards by engaging in gameplay, staking your tokens for passive income, and benefiting from the burning feature.Join $GFOX today for a world of meme-driven fun and lucrative opportunities.
Staking Pool In the Galaxy Fox ecosystem, we believe in recognizing and rewarding our dedicated supporters! For every transaction, 2% of Galaxy Fox tokens are contributed to the staking rewards.
Treasury In Galaxy Fox, the Treasury fuels the staking pool, supports token deflation, drives development, and maintains liquidity for seamless user engagement
Burn Within the cosmic realm, the Galaxy Fox embraces token burn, initiating a deflationary process. As a result, our fixed max supply steadily diminishes, fostering scarcity in the circulating supply of GFOX tokens.
🚨 $GRASS Airdrop Confirmed! Deadline 8 March 2024 🚨
Snapshot not taken. Two simple steps to be eligible.
Cost: $0 Potential Average: $4000
Step-by-step guide 👇🦥
2/ Quote this thread 🔎 before we begin.
Already quoted? Thanks, bro! Now, follow @Mbeyaconscious because without his help, this thread wouldn't exist.
3/ Token
Point System
4/ Project and Raised
➜ @getgrass_io raised $4,5 million from @polychain and others.
➜ Grass will allow you to sell your view of the internet to companies that are carefully vetted by Wynd Network. With Grass, you earn Grass Points, eventually converted into a stake in the network.
➜ Grass uses up to 0.3% of your bandwidth, so it won't affect your internet speed. It operates when you're not using your full bandwidth. Internet bandwidth is needed by commercial businesses in a huge number of industries, but more and more, the answer is AI labs.
5/ Social score
✅ @TweetScout_io = 883 ✅ @Twiter_score = 50
➜ This is a good score, and it tells us that this project is interesting to the crypto community.
➜ We see that the project is followed by people from tier-1 funds (@a16z, @Delphi_Digital, @Polychain, @Binance), large crypto influencers(@milesdeutscher), founders of top crypto projects(@aeyakovenko, @iamjosephyoung, @loomdart), as well as popular ecosystem projects(@Solana).
6/ Airdrop Strategy
» Write your referral code in the comments » Cost $0 » We register, download the application and farm points
7/ Register and earn points
Go to: app.getgrass.io/register?referralCode=AV8g7Dp2jrxOUz3
» Enter your email » Create a password » Enter Referral Code: AV8g7Dp2jrxOUz3 (another code can be found in discord) » Click ''Register''
» Click ''Connect'' » Add to Chrome Grass Extension » Login to Grass Extension » As long as you are logged in, there will be a point farm. » To stop the farm Click "Logout"
8/ Final
» Write your referral code in the comments » Now, our task is to earn points.
Missed $PYTH $10.000 airdrop? Don't Miss out on the $PHANTOM Airdrop! Potential Gain: $15,000
2/ Project
Phantom is a digital wallet reimagined for DeFi, making it safe and easy to store, send, receive, collect, and swap tokens on the Solana blockchain. Wallet.
3/ Funding
Phantom Wallet has raised $118M in funding from @a16z, @paradigm, @solana, @jumpcapital, @variantfund and more.
4/ Airdrop strategy
Create a Account: phantom.app/download
• Download Phantom Wallet • Create a new wallet • Create a password • Save your Phrase Key
• Buy SOL from any CEX like Binance or OKX • Open your Phantom wallet • Click on "Deposit" Button & Copy the SOL address • Withdraw From CEX to Your Phantom wallet
6/ Swap
• Go to the Swap section • Make Some Swaps
Note: Aim to achieve $10,000+ volume
VIDEO guide: https://x.com/Blum_OG/status/1754796324158156859?s=20
7/ Don't miss the sequel! Turn on notifications because this thread is just a taste of a larger guide.
I hope my article was helpful. If so, please do not hesitate to :
1. Follow me for more alpha content 2. Like & Repost to motivate me to continue
$JUP given $800M worth of airdrop, and a lot of users receive it.
I've discovered tokenless Solana protocols, that might reward us.
1/ → @Parcl
Parcl is a synthetic asset protocol built on Solana. It allows you to invest in digital square feet/meters of real estate around the world. It has raised $11.6M from Coinbase Ventures, DragonFly Capital, Solana Ventures, and others.
→ TVL
Parcl takes 13th place by TVL with $50M on the Solana network.
Users actively stake & trade their assets to receive points in return. Because Point Season 2 has started.
→ Step-by-step strategy:
• Go to app.parcl.co/points. • Connect your wallet. • Add liquidity. • Make trades
→ Point System:
Entering "batcher"code earns you a 5% points boost forever. • 1 point per 1 USD LENDING/24 hours. • 4 points per 1 USD BORROW/24 hours.
2/ → @Kamino_Finance
Kamino Finance was created to offer users the easiest possible way of providing liquidity and earning yield on-chain.
The UI provides industry-leading analytics, performance information, and position details.
→ TVL
Kamino takes 4th place by TVL with $286M on the Solana network. Points Season 1 started, and a lot of people participated in it, to receive upcoming airdrop.
→ Step-by-step strategy:
• Go to app.kamino.finance. • Connect your wallet. • Go to Borrow & Lend. • Choose any asset, put in the desired amount • Borrow it.
3/ → @marginfi
Marginfi is a decentralized lending protocol on Solana that prioritizes risk management to provide a safe and reliable solution for users.
The protocol is a fully permissionless suite of smart contracts deployed on a blockchain.
→ TVL
Marginfi takes 4th place by TVL with $286M on the Solana network.
Users actively stake their assets to receive points. Point Season 1 is live now!
→ Step-by-step strategy:
• Go to mfi.gg/points. • Connect your wallet. • Stake $SOL or any other token. • Farm points, to later get airdrop for them.
→ Point System:
• 1 point per 1 USD LENDING/24 hours. • 4 points per 1 USD BORROW/24 hours.
4/ → @DriftProtocol
Drift brings on-chain, cross-margined perpetual futures to Solana. Making futures DEXs the best way to trade.
Raised $3.8M led by Multicoin Capital.
→ TVL
Drift takes 9th place by TVL with $127M on the Solana network.
Users actively stake their assets to receive points. Drift Point Season is live now!
→ Step-by-step strategy:
• Go to app.drift.trade • Connect your wallet. • Deposit USDC/USDT/SOL. • Trade & make volume (be better to make at least $5-10k total volume).
5/ → @ZetaMarkets
Zeta's mission is to become the world's leading decentralized derivatives exchange. It has raised $8,5M from leading funds.
→ TVL
Zeta takes 25th place by TVL with $13,3M on the Solana network.
Users actively stake their assets to receive points. Z-Point Season is live now!
→ Step-by-step strategy:
• Go to dex.zeta.markets/trade/SOL-PERP. • Connect your wallet. • Trade $SOL or any other token. • Farm points, to later get airdrop for them.
→ Point System:
• 1 point per 1 USD Traded.
6/ → @sanctumso
Sanctum is Solana’s on-chain stability protocol. Sanctum unlocks staked SOL to be used throughout DeFi by providing a backstop of SOL liquidity.
Backed by VCs, and launch is expected in Q1 2024.
I hope my article was helpful. If so, please do not hesitate to :
1. Follow me for more alpha content
2. Like & Repost to motivate me to continue #TrendingTopic
Tapioca DAO is the first omnichain protocol on LayerZero, providing seamless interaction across different networks.
@tapioca_dao received a $6M investment from @LayerZero_Labs, Fisher8, and others.
Airdrop strategy
➠ Head to: faucet.triangleplatform.com/arbitrum/goerli ➠ Request test ETH tokens on the Arbitrum Goerli network.
Faucet Matic
➠ Head to: mumbaifaucet.com ➠ Request test MATIC tokens on the Polygon Mumbai network.
Faucet Fantom
➠ Head to: faucet.fantom.network ➠ Request test FTM tokens on the Fantom network.
Bridge
➠ Head to: testnet.cashmere.exchange/swap ➠ Since I couldn't find a working faucet for Avax, we'll get around this by replenishing Avax through a bridge from the Fantom network. ➠ Connect your wallet and send 1 FTM token to Avax.
Mint tokens
➠ Head to: beta.tapioca.xyz/testnet ➠ Connect your wallet and claim all available tokens from the list across all networks.
Deposit task
➠ Head to: beta.tapioca.xyz/mint ➠ Make a deposit of 30-40% in AVAXM tokens
Borrow task
➠ Head to: beta.tapioca.xyz/borrow ➠ Take USDO tokens as collateral for AVAXLM at 30-40%.
Lend task
➠ Head to: beta.tapioca.xyz/lend ➠ Deposit USDO tokens into the lending pool, also around 30%. Again, I'm doing everything in the AVAX test network.
Bridge task
➠ Head to: beta.tapioca.xyz/teleport ➠ Perform transactions from one network to another, for example, from Avax to Fantom, and then from Fantom to Arbitrum, and so on.
Role in discord
➠ Head to: guild.xyz/tapiocada0 ➠ Complete tasks and earn a Role on Discord.
Important information: if you're running low on test tokens for fees, I'll tell you what to do.
➠ Head to: bnbchain.org/en/testnet-faucet… ➠ Request test tokens on the BNB Chain, then send them through the bridge to the network where they're needed. ➠ Head to: testnet.cashmere.exchange/swap