LIVESilentrocket
@Silentrocket
Crypto insights & hot trends! We cover projects like LINK, HBAR, ENA, Layer 2 & more! Follow to navigate the crypto world!
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Big $CRV movement on Binance! 📣🔥
Yesterday (June 13) a whopping 125.35 million CRV tokens got yanked out of $BNB , with an average price of just $0.29 each.
Now, this is interesting because last time there was a big CRV withdrawal from Binance, the price actually jumped 9.29%! 🚀 📈 Could this be a sign of things to come? 🤷
Right now, #CRV is sitting at $0.29, which is a 4% gain in the last 24 hours. But interestingly, the trading volume is down by half. So, while the price is ticking up, things seem a bit quieter overall.
Whatever's going on, it's worth keeping an eye on CRV. 👀 This could be a chance for a price surge, or it could just be a blip on the radar. 🤐 DYOR before making any moves, but this is definitely something to be aware of! Stay tuned, crypto crew! 💪🌞
Not sure or understand why Exchange Flow matters? Check out our recent article below to dive deeper into why these big token movements can be a signal! 😎👇
DYOR! #altcoins #CPIAlert #TopCoinsJune2024
Yesterday (June 13) a whopping 125.35 million CRV tokens got yanked out of $BNB , with an average price of just $0.29 each.
Now, this is interesting because last time there was a big CRV withdrawal from Binance, the price actually jumped 9.29%! 🚀 📈 Could this be a sign of things to come? 🤷
Right now, #CRV is sitting at $0.29, which is a 4% gain in the last 24 hours. But interestingly, the trading volume is down by half. So, while the price is ticking up, things seem a bit quieter overall.
Whatever's going on, it's worth keeping an eye on CRV. 👀 This could be a chance for a price surge, or it could just be a blip on the radar. 🤐 DYOR before making any moves, but this is definitely something to be aware of! Stay tuned, crypto crew! 💪🌞
Not sure or understand why Exchange Flow matters? Check out our recent article below to dive deeper into why these big token movements can be a signal! 😎👇
DYOR! #altcoins #CPIAlert #TopCoinsJune2024
LIVESilentrocket
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ETH Fans!! Why Keeping an Eye on Exchange Flow Matters
Ever wonder why tracking the flow of cryptocurrencies in and out of exchanges is important? 🤷 We recently dug into data from The Block that analyzes daily net exchange flow for #ETH - and it turns out, this metric can be a valuable tool for crypto enthusiasts! 💻👍
So, what exactly is net exchange flow? 🤔👇
Imagine exchanges are like bank accounts for your crypto. Net flow tells us whether more money is flowing into these accounts (deposits) or out (withdrawals). In the case of daily net exchange flow, we're looking at the difference between $ETH deposited to exchange wallets and the amount withdrawn in a single day.
Why is this important for ETH?
Here's where things get interesting: 😉👇
Net Outflow = Potentially Higher Prices? A negative net flow (more ETH leaving exchanges than entering) could indicate a decrease in circulating supply on exchanges. This can, in theory, lead to higher prices due to scarcity. 🚀
But Demand Matters Too! Just because there's less ETH on exchanges doesn't guarantee a price surge. If not enough people are interested in buying, the price might not change much.
On the contrary, Net Inflow can be a signal for price drop!!? 👊💥 Let's look at a real-world example: On June 6, ETH actually recorded a significant net inflow worth over $319 million on Binance Exchange. ETH's token price dropped over 10% during that same period (June 6 -12).
However, net flow is just one piece of the puzzle. Other factors like news events, regulations, and overall market trends can also affect ETH's price.
Here's where it gets even more interesting:
The Rise of Re-staking: Re-staking your ETH allows you to earn extra rewards on top of your initial staking rewards. This often happens on DeFi platforms outside of exchanges. 🔥Off-Exchange Activity = More Net Outflow: When users move their ETH to re-stake, it contributes to the overall net outflow we see on The Block. This highlights the growing influence of DeFi on crypto movement.
So, what can we learn from this?
Monitoring net flow gives us a glimpse into investor sentiment (bullish or bearish) and potential future price movements for ETH. However, it's not a crystal ball! 😅Always consider other factors like news events, regulations, and overall market trends before making any investment decisions. 🙏💻👀
Stay tuned for more crypto insights! DYOR and Invest Responsibly! #altcoins #ETHETFsApproved #BTC $BTC $BNB
So, what exactly is net exchange flow? 🤔👇
Imagine exchanges are like bank accounts for your crypto. Net flow tells us whether more money is flowing into these accounts (deposits) or out (withdrawals). In the case of daily net exchange flow, we're looking at the difference between $ETH deposited to exchange wallets and the amount withdrawn in a single day.
Why is this important for ETH?
Here's where things get interesting: 😉👇
Net Outflow = Potentially Higher Prices? A negative net flow (more ETH leaving exchanges than entering) could indicate a decrease in circulating supply on exchanges. This can, in theory, lead to higher prices due to scarcity. 🚀
But Demand Matters Too! Just because there's less ETH on exchanges doesn't guarantee a price surge. If not enough people are interested in buying, the price might not change much.
On the contrary, Net Inflow can be a signal for price drop!!? 👊💥 Let's look at a real-world example: On June 6, ETH actually recorded a significant net inflow worth over $319 million on Binance Exchange. ETH's token price dropped over 10% during that same period (June 6 -12).
However, net flow is just one piece of the puzzle. Other factors like news events, regulations, and overall market trends can also affect ETH's price.
Here's where it gets even more interesting:
The Rise of Re-staking: Re-staking your ETH allows you to earn extra rewards on top of your initial staking rewards. This often happens on DeFi platforms outside of exchanges. 🔥Off-Exchange Activity = More Net Outflow: When users move their ETH to re-stake, it contributes to the overall net outflow we see on The Block. This highlights the growing influence of DeFi on crypto movement.
So, what can we learn from this?
Monitoring net flow gives us a glimpse into investor sentiment (bullish or bearish) and potential future price movements for ETH. However, it's not a crystal ball! 😅Always consider other factors like news events, regulations, and overall market trends before making any investment decisions. 🙏💻👀
Stay tuned for more crypto insights! DYOR and Invest Responsibly! #altcoins #ETHETFsApproved #BTC $BTC $BNB
⏰ 5 Days Left for the #LISTA Megadrop!
The LISTA Megadrop on $BNB is blasting off in just 5 days! 💥Don't miss your chance to grab some sweet rewards before the official launch and airdrop on June 20. 💪
Still on the fence? Here's why you should join: 😉👇
🔥 Free LISTA tokens: Get rewarded just for participating. Easy peasy!
🌞 No brainer: It's a great way to get started with DeFi and explore a new project.
Head over to Lista Megadrop page and join it before it's too late! Share this post with your friends so they don't miss out! DYOR! #Megadrop #BNB #BinanceTournament #BTCFOMCWatch
The LISTA Megadrop on $BNB is blasting off in just 5 days! 💥Don't miss your chance to grab some sweet rewards before the official launch and airdrop on June 20. 💪
Still on the fence? Here's why you should join: 😉👇
🔥 Free LISTA tokens: Get rewarded just for participating. Easy peasy!
🌞 No brainer: It's a great way to get started with DeFi and explore a new project.
Head over to Lista Megadrop page and join it before it's too late! Share this post with your friends so they don't miss out! DYOR! #Megadrop #BNB #BinanceTournament #BTCFOMCWatch
LIVESilentrocket
--
Calling all Crypto Enthusiasts! Binance Megadrop Launches with Lista (LISTA)! 🚀🔥💥
Exciting news! Binance is launching a brand new platform called Binance Megadrop. It's your chance to get early access to rewards from hot new Web3 projects before they hit the exchange!
Here's how it works: 💻👇
Lock your BNB in Locked Products on Binance Earn. Complete interactive Web3 quests in your Binance Web3 Wallet.
The more you participate, the higher your score and the better your airdrop rewards from the featured project!
First up on Binance Megadrop is LISTA, a revolutionary liquid staking and decentralized stablecoin protocol. Stay tuned for more details on how to participate and claim your share of LISTA tokens!
Bonus Track: What is Lista DAO? 👀
*Lista DAO is a game-changer for crypto holders! It's an open-source liquidity protocol built on the BNB Chain that lets you:
(1) Earn yields on your crypto assets ($BNB , $ETH , stablecoins, and more) by supplying them as collateral.
(2) Borrow lisUSD, Lista's innovative decentralized stablecoin (also known as a "Destablecoin").
Think of it as a supercharged version of the $MKR model, allowing for instant conversions, collateralization, borrowing, yield farming, and more – all in a secure and decentralized way.**
Don't miss out on this exciting opportunity! Head over to Binance to learn more about Megadrop! #BNB #LISTA
Exciting news! Binance is launching a brand new platform called Binance Megadrop. It's your chance to get early access to rewards from hot new Web3 projects before they hit the exchange!
Here's how it works: 💻👇
Lock your BNB in Locked Products on Binance Earn. Complete interactive Web3 quests in your Binance Web3 Wallet.
The more you participate, the higher your score and the better your airdrop rewards from the featured project!
First up on Binance Megadrop is LISTA, a revolutionary liquid staking and decentralized stablecoin protocol. Stay tuned for more details on how to participate and claim your share of LISTA tokens!
Bonus Track: What is Lista DAO? 👀
*Lista DAO is a game-changer for crypto holders! It's an open-source liquidity protocol built on the BNB Chain that lets you:
(1) Earn yields on your crypto assets ($BNB , $ETH , stablecoins, and more) by supplying them as collateral.
(2) Borrow lisUSD, Lista's innovative decentralized stablecoin (also known as a "Destablecoin").
Think of it as a supercharged version of the $MKR model, allowing for instant conversions, collateralization, borrowing, yield farming, and more – all in a secure and decentralized way.**
Don't miss out on this exciting opportunity! Head over to Binance to learn more about Megadrop! #BNB #LISTA
LIVESilentrocket
--
Terraform Labs and Do Kwon just got slapped with a $4.5 billion fine by the SEC for their role in the whole TerraUSD (UST) collapse. This includes paying back profits, interest, and penalties. Good riddance! 😬
But here's the real question: ❓️🤔 Will any of this money go back to the people who lost everything, especially those outside the US? That's not entirely clear yet. 🤐👀
A lot of folks, especially those chasing those super high yields (remember the 20-30% APY on UST?), got burned real bad in this crash. 💸🫣 It would be nice to see them get some compensation, but the details on how (or even if) that will happen are still up in the air. 🔎🤷
Share your thoughts with us and stay tuned for more updates! DYOR! #TopCoinsJune2024 #altcoins $LUNA $LUNC
But here's the real question: ❓️🤔 Will any of this money go back to the people who lost everything, especially those outside the US? That's not entirely clear yet. 🤐👀
A lot of folks, especially those chasing those super high yields (remember the 20-30% APY on UST?), got burned real bad in this crash. 💸🫣 It would be nice to see them get some compensation, but the details on how (or even if) that will happen are still up in the air. 🔎🤷
Share your thoughts with us and stay tuned for more updates! DYOR! #TopCoinsJune2024 #altcoins $LUNA $LUNC
$HIGH Still Mum on Recent Attack... But Wants You to Subscribe to Their Newsletter? 😫
#HIGH tweeted 14 hours ago, but it wasn't the update we were all waiting for. Instead of addressing reasons behind recent price decline, they're just asking people to sign up for their newsletter. 🤦🤐
Come on, HIGH! The community deserves some answers, not a sales pitch. 😫🙈 #altcoins
#HIGH tweeted 14 hours ago, but it wasn't the update we were all waiting for. Instead of addressing reasons behind recent price decline, they're just asking people to sign up for their newsletter. 🤦🤐
Come on, HIGH! The community deserves some answers, not a sales pitch. 😫🙈 #altcoins
LIVESilentrocket
--
Hold onto your hats, 📣📍 $HIGH Big Heads!!
This recent price drop for HIGH might be more than just market blues! ✋️🥶 Reports surfaced about a malicious attempt to dump a massive 20 million HIGH tokens (approximately $60 million), 🧟👀 potentially causing the sharp decline. 😱
Luckily, the Highstreet team and some savvy investors stepped in to buy up 8 million tokens, limiting the damage. 😤
It seems the attackers might have bought HIGH on other exchnage and then used the BSC bridge before dumping.
Here's why this might be connected: 🔎👇
Remember how HIGH went from almost $10 to $3 in just 4 days recently? 📉🤮🤦 This massive dump attempt could be a contributing factor to that rapid price decline.
While we can't say for sure, the timing of the reported dump lines up with the price drop. The team's quick action to buy back tokens likely helped prevent an even steeper fall. 😮💨 #altcoins #HIGH #BTCFOMCWatch #TopCoinsJune2024
One last thing...
Big thanks to Crypto AI Digest for getting the info out there! 🙏 But where's the official word from Highstreet? This silence is deafening! 🤨 Highstreet fam deserves some answers. 🤡
This recent price drop for HIGH might be more than just market blues! ✋️🥶 Reports surfaced about a malicious attempt to dump a massive 20 million HIGH tokens (approximately $60 million), 🧟👀 potentially causing the sharp decline. 😱
Luckily, the Highstreet team and some savvy investors stepped in to buy up 8 million tokens, limiting the damage. 😤
It seems the attackers might have bought HIGH on other exchnage and then used the BSC bridge before dumping.
Here's why this might be connected: 🔎👇
Remember how HIGH went from almost $10 to $3 in just 4 days recently? 📉🤮🤦 This massive dump attempt could be a contributing factor to that rapid price decline.
While we can't say for sure, the timing of the reported dump lines up with the price drop. The team's quick action to buy back tokens likely helped prevent an even steeper fall. 😮💨 #altcoins #HIGH #BTCFOMCWatch #TopCoinsJune2024
One last thing...
Big thanks to Crypto AI Digest for getting the info out there! 🙏 But where's the official word from Highstreet? This silence is deafening! 🤨 Highstreet fam deserves some answers. 🤡
$XRP vs. SEC Update: XRP Fans, Here's What You Need to Know! 🔥
Looks like the Ripple vs. SEC battle is heating up again! ⚔️😤 Ripple's lawyers are pointing to the recent Terraform Labs case to argue for a much lower penalty in their own lawsuit.
Remember, Terraform just agreed to pay a $4.47 billion fine for their role in the UST collapse. 👀
Here's the breakdown: 💻👇
🔵 Ripple thinks their fine should be around $10 million, not the $2 billion the SEC wants. They say the SEC's proposed penalty is way out of line compared to other similar cases.
🔵 Ripple argues that Terraform's fine shows the SEC is being unreasonable. After all, Terraform is accused of fraud, while Ripple maintains #XRP sales weren't illegal.
🔵 There's still no word from the SEC.
What does this mean for XRP? 🤔
It's too early to say. This legal battle is still dragging on, 🐢 but this recent move could be a sign that Ripple is feeling confident. We'll have to wait and see how the judge reacts to their arguments.
Stay tuned, XRP fam! We'll keep you updated! DYOR! #altcoins #CPIAlert #TopCoinsJune2024 #CPIAlert
Looks like the Ripple vs. SEC battle is heating up again! ⚔️😤 Ripple's lawyers are pointing to the recent Terraform Labs case to argue for a much lower penalty in their own lawsuit.
Remember, Terraform just agreed to pay a $4.47 billion fine for their role in the UST collapse. 👀
Here's the breakdown: 💻👇
🔵 Ripple thinks their fine should be around $10 million, not the $2 billion the SEC wants. They say the SEC's proposed penalty is way out of line compared to other similar cases.
🔵 Ripple argues that Terraform's fine shows the SEC is being unreasonable. After all, Terraform is accused of fraud, while Ripple maintains #XRP sales weren't illegal.
🔵 There's still no word from the SEC.
What does this mean for XRP? 🤔
It's too early to say. This legal battle is still dragging on, 🐢 but this recent move could be a sign that Ripple is feeling confident. We'll have to wait and see how the judge reacts to their arguments.
Stay tuned, XRP fam! We'll keep you updated! DYOR! #altcoins #CPIAlert #TopCoinsJune2024 #CPIAlert
Terraform Labs and Do Kwon just got slapped with a $4.5 billion fine by the SEC for their role in the whole TerraUSD (UST) collapse. This includes paying back profits, interest, and penalties. Good riddance! 😬
But here's the real question: ❓️🤔 Will any of this money go back to the people who lost everything, especially those outside the US? That's not entirely clear yet. 🤐👀
A lot of folks, especially those chasing those super high yields (remember the 20-30% APY on UST?), got burned real bad in this crash. 💸🫣 It would be nice to see them get some compensation, but the details on how (or even if) that will happen are still up in the air. 🔎🤷
Share your thoughts with us and stay tuned for more updates! DYOR! #TopCoinsJune2024 #altcoins $LUNA $LUNC
But here's the real question: ❓️🤔 Will any of this money go back to the people who lost everything, especially those outside the US? That's not entirely clear yet. 🤐👀
A lot of folks, especially those chasing those super high yields (remember the 20-30% APY on UST?), got burned real bad in this crash. 💸🫣 It would be nice to see them get some compensation, but the details on how (or even if) that will happen are still up in the air. 🔎🤷
Share your thoughts with us and stay tuned for more updates! DYOR! #TopCoinsJune2024 #altcoins $LUNA $LUNC
Uh oh, $CRV taking a tumble! 🤮Looks like CRV prices are in a nosedive today! On top of that, some crypto news outlets are buzzing about a big wig (supposedly the founder himself, Egorov) who almost got liquidated on all his CRV position.
Here's the tea: 😤👇
⛔️ CRV price is way down - not a good look for hodlers.
⛔️ Egorov, the guy behind Curve Finance, apparently borrowed a bunch of stablecoins.
⛔️ This risky move with borrowed funds almost got his whole #CRV position liquidated (close call!)🔪
So, why would Egorov borrow stablecoins in the first place? 🤔
There are a few possibilities:
🔥 Playing with fire - leverage trading: Maybe Egorov was trying to juice his returns by leveraging his CRV holdings. This can be a gamble, with big potential gains but also huge potential losses (like we're seeing now).
💵 Yield farming with a twist: Perhaps he borrowed to deposit the stablecoins and chase some sweet DeFi yields. But again, this strategy can backfire if the market tanks.
🔒 Locked CRV, unlocked needs: It's also possible that a significant portion of Egorov's CRV holdings are locked due to token vesting. In this scenario, he might not have been able to directly sell CRV to raise cash, so borrowing stablecoins using his CRV as collateral became the alternative.
Whatever the reason, 🤷 this whole situation is a reminder that crypto can be a wild ride! Be careful out there, folks, and always DYOR before making any risky moves. 💻👀#BTCFOMCWatch #altcoins #TopCoinsJune2024
Here's the tea: 😤👇
⛔️ CRV price is way down - not a good look for hodlers.
⛔️ Egorov, the guy behind Curve Finance, apparently borrowed a bunch of stablecoins.
⛔️ This risky move with borrowed funds almost got his whole #CRV position liquidated (close call!)🔪
So, why would Egorov borrow stablecoins in the first place? 🤔
There are a few possibilities:
🔥 Playing with fire - leverage trading: Maybe Egorov was trying to juice his returns by leveraging his CRV holdings. This can be a gamble, with big potential gains but also huge potential losses (like we're seeing now).
💵 Yield farming with a twist: Perhaps he borrowed to deposit the stablecoins and chase some sweet DeFi yields. But again, this strategy can backfire if the market tanks.
🔒 Locked CRV, unlocked needs: It's also possible that a significant portion of Egorov's CRV holdings are locked due to token vesting. In this scenario, he might not have been able to directly sell CRV to raise cash, so borrowing stablecoins using his CRV as collateral became the alternative.
Whatever the reason, 🤷 this whole situation is a reminder that crypto can be a wild ride! Be careful out there, folks, and always DYOR before making any risky moves. 💻👀#BTCFOMCWatch #altcoins #TopCoinsJune2024
$IO is SOARING on Binance ! 🔥🚀
Out of the 5 newest tokens on $BNB , IO is the clear winner! 🥇 No crazy price dips here - just steady gains. Unlike some (cough cough $NOT 😬 and other) that took forever to find their footing, IO is all business, until now!! 😶🌫️
In fact, IO is trading at $6.2 (+50%) right now 📈👀, only 3% shy of its all-time high from just 10 hours ago! It's also the top gainer on Binance 👑, with a massive trading volume of almost $2 billion (up 52% in the last 24 hours).🔥
Wanna know how IO is changing the game in AI and compute DePINs? Check out our post for all the juicy details! 👇💪 DYOR! Invest Responsibly!! #IO #altcoins
P.S. We still love you #NOT , don't worry! 🤝
Out of the 5 newest tokens on $BNB , IO is the clear winner! 🥇 No crazy price dips here - just steady gains. Unlike some (cough cough $NOT 😬 and other) that took forever to find their footing, IO is all business, until now!! 😶🌫️
In fact, IO is trading at $6.2 (+50%) right now 📈👀, only 3% shy of its all-time high from just 10 hours ago! It's also the top gainer on Binance 👑, with a massive trading volume of almost $2 billion (up 52% in the last 24 hours).🔥
Wanna know how IO is changing the game in AI and compute DePINs? Check out our post for all the juicy details! 👇💪 DYOR! Invest Responsibly!! #IO #altcoins
P.S. We still love you #NOT , don't worry! 🤝
LIVESilentrocket
--
$IO fans!! **we just read an article called "Compute is the new oil" by Shoal Research and it blew our mind! ** 🤯💪
It dives deep into the world of AI and how renting out unused computer power can be a game-changer. The article talks about something called "compute DePINs" which basically create a giant network of computers anyone can access. This is where #IO Net comes in and plays a HUGE role! 👀💪🔥
Don't have time to read the whole article? No worries, we got you covered! Here's the gist:💻👇
🔘 Forget oil, the future is about computing power for AI!🤖
🔘 DePINs connect people with unused computer power to those who need it.🤝
🔘 IO Net is like Uber for computing power - rent it out or rent what you need, all on a massive global network! 😎
🔘 IO Net is already up and running with tons of users and impressive results!🚀
If you're interested in the future of AI, this is definitely worth checking out! 👍 Check out the full article by Shoal Research for all the juicy details! DYOR! #altcoins #IOprediction
It dives deep into the world of AI and how renting out unused computer power can be a game-changer. The article talks about something called "compute DePINs" which basically create a giant network of computers anyone can access. This is where #IO Net comes in and plays a HUGE role! 👀💪🔥
Don't have time to read the whole article? No worries, we got you covered! Here's the gist:💻👇
🔘 Forget oil, the future is about computing power for AI!🤖
🔘 DePINs connect people with unused computer power to those who need it.🤝
🔘 IO Net is like Uber for computing power - rent it out or rent what you need, all on a massive global network! 😎
🔘 IO Net is already up and running with tons of users and impressive results!🚀
If you're interested in the future of AI, this is definitely worth checking out! 👍 Check out the full article by Shoal Research for all the juicy details! DYOR! #altcoins #IOprediction
Hold onto your hats, 📣📍 $HIGH Big Heads!!
This recent price drop for HIGH might be more than just market blues! ✋️🥶 Reports surfaced about a malicious attempt to dump a massive 20 million HIGH tokens (approximately $60 million), 🧟👀 potentially causing the sharp decline. 😱
Luckily, the Highstreet team and some savvy investors stepped in to buy up 8 million tokens, limiting the damage. 😤
It seems the attackers might have bought HIGH on other exchnage and then used the BSC bridge before dumping.
Here's why this might be connected: 🔎👇
Remember how HIGH went from almost $10 to $3 in just 4 days recently? 📉🤮🤦 This massive dump attempt could be a contributing factor to that rapid price decline.
While we can't say for sure, the timing of the reported dump lines up with the price drop. The team's quick action to buy back tokens likely helped prevent an even steeper fall. 😮💨 #altcoins #HIGH #BTCFOMCWatch #TopCoinsJune2024
One last thing...
Big thanks to Crypto AI Digest for getting the info out there! 🙏 But where's the official word from Highstreet? This silence is deafening! 🤨 Highstreet fam deserves some answers. 🤡
This recent price drop for HIGH might be more than just market blues! ✋️🥶 Reports surfaced about a malicious attempt to dump a massive 20 million HIGH tokens (approximately $60 million), 🧟👀 potentially causing the sharp decline. 😱
Luckily, the Highstreet team and some savvy investors stepped in to buy up 8 million tokens, limiting the damage. 😤
It seems the attackers might have bought HIGH on other exchnage and then used the BSC bridge before dumping.
Here's why this might be connected: 🔎👇
Remember how HIGH went from almost $10 to $3 in just 4 days recently? 📉🤮🤦 This massive dump attempt could be a contributing factor to that rapid price decline.
While we can't say for sure, the timing of the reported dump lines up with the price drop. The team's quick action to buy back tokens likely helped prevent an even steeper fall. 😮💨 #altcoins #HIGH #BTCFOMCWatch #TopCoinsJune2024
One last thing...
Big thanks to Crypto AI Digest for getting the info out there! 🙏 But where's the official word from Highstreet? This silence is deafening! 🤨 Highstreet fam deserves some answers. 🤡
$HIGH caught a breather today! 😅 Down only 1% thanks to a market bounce and some good news (CPI 3.3% YoY) Right now, HIGH is chilling around $3 a token.
Funny thing about that $3 price point..😤 Back in April, HIGH went on a tear, climbing from $3 to almost $10 (+200%) in over 40 days.🐢 But guess what? 🤦 It only took 4 days to come crashing back down. ⚡️ 📉🫣 Crypto life, right?
DYOR!! Invest Responsibly #HIGH #altcoins
Funny thing about that $3 price point..😤 Back in April, HIGH went on a tear, climbing from $3 to almost $10 (+200%) in over 40 days.🐢 But guess what? 🤦 It only took 4 days to come crashing back down. ⚡️ 📉🫣 Crypto life, right?
DYOR!! Invest Responsibly #HIGH #altcoins
LIVESilentrocket
--
$HIGH is down another 17% today, trading around $2.95 a token. 🤮 This is a tough pill to swallow, especially for anyone who bought in hoping for a quick bounce back.
Zooming out, it's even worse - HIGH is down over 50% in the last week! That's a scary drop! 🤯👎
To make matters worse, the HIGH team has been pretty quiet lately. Their last tweet was way back on June 7. 🙈 This radio silence is freaking some people out! 😤👊
Here's hoping the HIGH team wakes up and addresses the community's concerns. In the meantime, stay strong, HIGH hodlers! DYOR!! Invest Responsibly. #altcoins #HIGH #Metaverse
Zooming out, it's even worse - HIGH is down over 50% in the last week! That's a scary drop! 🤯👎
To make matters worse, the HIGH team has been pretty quiet lately. Their last tweet was way back on June 7. 🙈 This radio silence is freaking some people out! 😤👊
Here's hoping the HIGH team wakes up and addresses the community's concerns. In the meantime, stay strong, HIGH hodlers! DYOR!! Invest Responsibly. #altcoins #HIGH #Metaverse
LIVESilentrocket
--
Big whoops to the paperhands who ditched $IO yesterday!? 🤪
Team Sell!! 😜 Looks like they missed the rocket - #IO is blasting off over $4 now! 🙈
Friends don't be FOMO!! this post is just for FUN. Happy day and always DYOR!! 💪
Team Sell!! 😜 Looks like they missed the rocket - #IO is blasting off over $4 now! 🙈
Friends don't be FOMO!! this post is just for FUN. Happy day and always DYOR!! 💪
Ripple ( $XRP )'s stablecoin is officially RLUSD! 🔥
Brad Garlinghouse, Ripple's CEO, unveiled the name "RLUSD" (or "Real USD... Ripple USD" as he likes to call it) at the XRP Ledger APEX 2024 event. 👀😅
This is a major step for Ripple as they enter the stablecoin market! DYOR!! #Ripple #Stablecoin #XRP
Brad Garlinghouse, Ripple's CEO, unveiled the name "RLUSD" (or "Real USD... Ripple USD" as he likes to call it) at the XRP Ledger APEX 2024 event. 👀😅
This is a major step for Ripple as they enter the stablecoin market! DYOR!! #Ripple #Stablecoin #XRP
Big whoops to the paperhands who ditched $IO yesterday!? 🤪
Team Sell!! 😜 Looks like they missed the rocket - #IO is blasting off over $4 now! 🙈
Friends don't be FOMO!! this post is just for FUN. Happy day and always DYOR!! 💪
Team Sell!! 😜 Looks like they missed the rocket - #IO is blasting off over $4 now! 🙈
Friends don't be FOMO!! this post is just for FUN. Happy day and always DYOR!! 💪
LIVESilentrocket
--
#IO Token: Binance Listing in less than 2 Hours! Hold or Fold? 💥🔥
The clock is ticking, IO fam! $BNB listing is just around the corner (like, 2 hours around the corner). But with great listings comes a tough decision: Sell or Hold? 😖🤷
Let's see who's got the diamond hands (or the itchy trigger fingers!) in this poll. 👇#IOprediction #BinanceLaunchpool
The clock is ticking, IO fam! $BNB listing is just around the corner (like, 2 hours around the corner). But with great listings comes a tough decision: Sell or Hold? 😖🤷
Let's see who's got the diamond hands (or the itchy trigger fingers!) in this poll. 👇#IOprediction #BinanceLaunchpool
ETH Fans!! Why Keeping an Eye on Exchange Flow Matters
Ever wonder why tracking the flow of cryptocurrencies in and out of exchanges is important? 🤷 We recently dug into data from The Block that analyzes daily net exchange flow for #ETH - and it turns out, this metric can be a valuable tool for crypto enthusiasts! 💻👍
So, what exactly is net exchange flow? 🤔👇
Imagine exchanges are like bank accounts for your crypto. Net flow tells us whether more money is flowing into these accounts (deposits) or out (withdrawals). In the case of daily net exchange flow, we're looking at the difference between $ETH deposited to exchange wallets and the amount withdrawn in a single day.
Why is this important for ETH?
Here's where things get interesting: 😉👇
Net Outflow = Potentially Higher Prices? A negative net flow (more ETH leaving exchanges than entering) could indicate a decrease in circulating supply on exchanges. This can, in theory, lead to higher prices due to scarcity. 🚀
But Demand Matters Too! Just because there's less ETH on exchanges doesn't guarantee a price surge. If not enough people are interested in buying, the price might not change much.
On the contrary, Net Inflow can be a signal for price drop!!? 👊💥 Let's look at a real-world example: On June 6, ETH actually recorded a significant net inflow worth over $319 million on Binance Exchange. ETH's token price dropped over 10% during that same period (June 6 -12).
However, net flow is just one piece of the puzzle. Other factors like news events, regulations, and overall market trends can also affect ETH's price.
Here's where it gets even more interesting:
The Rise of Re-staking: Re-staking your ETH allows you to earn extra rewards on top of your initial staking rewards. This often happens on DeFi platforms outside of exchanges. 🔥Off-Exchange Activity = More Net Outflow: When users move their ETH to re-stake, it contributes to the overall net outflow we see on The Block. This highlights the growing influence of DeFi on crypto movement.
So, what can we learn from this?
Monitoring net flow gives us a glimpse into investor sentiment (bullish or bearish) and potential future price movements for ETH. However, it's not a crystal ball! 😅Always consider other factors like news events, regulations, and overall market trends before making any investment decisions. 🙏💻👀
Stay tuned for more crypto insights! DYOR and Invest Responsibly! #altcoins #ETHETFsApproved #BTC $BTC $BNB
So, what exactly is net exchange flow? 🤔👇
Imagine exchanges are like bank accounts for your crypto. Net flow tells us whether more money is flowing into these accounts (deposits) or out (withdrawals). In the case of daily net exchange flow, we're looking at the difference between $ETH deposited to exchange wallets and the amount withdrawn in a single day.
Why is this important for ETH?
Here's where things get interesting: 😉👇
Net Outflow = Potentially Higher Prices? A negative net flow (more ETH leaving exchanges than entering) could indicate a decrease in circulating supply on exchanges. This can, in theory, lead to higher prices due to scarcity. 🚀
But Demand Matters Too! Just because there's less ETH on exchanges doesn't guarantee a price surge. If not enough people are interested in buying, the price might not change much.
On the contrary, Net Inflow can be a signal for price drop!!? 👊💥 Let's look at a real-world example: On June 6, ETH actually recorded a significant net inflow worth over $319 million on Binance Exchange. ETH's token price dropped over 10% during that same period (June 6 -12).
However, net flow is just one piece of the puzzle. Other factors like news events, regulations, and overall market trends can also affect ETH's price.
Here's where it gets even more interesting:
The Rise of Re-staking: Re-staking your ETH allows you to earn extra rewards on top of your initial staking rewards. This often happens on DeFi platforms outside of exchanges. 🔥Off-Exchange Activity = More Net Outflow: When users move their ETH to re-stake, it contributes to the overall net outflow we see on The Block. This highlights the growing influence of DeFi on crypto movement.
So, what can we learn from this?
Monitoring net flow gives us a glimpse into investor sentiment (bullish or bearish) and potential future price movements for ETH. However, it's not a crystal ball! 😅Always consider other factors like news events, regulations, and overall market trends before making any investment decisions. 🙏💻👀
Stay tuned for more crypto insights! DYOR and Invest Responsibly! #altcoins #ETHETFsApproved #BTC $BTC $BNB
$IO fans!! **we just read an article called "Compute is the new oil" by Shoal Research and it blew our mind! ** 🤯💪
It dives deep into the world of AI and how renting out unused computer power can be a game-changer. The article talks about something called "compute DePINs" which basically create a giant network of computers anyone can access. This is where #IO Net comes in and plays a HUGE role! 👀💪🔥
Don't have time to read the whole article? No worries, we got you covered! Here's the gist:💻👇
🔘 Forget oil, the future is about computing power for AI!🤖
🔘 DePINs connect people with unused computer power to those who need it.🤝
🔘 IO Net is like Uber for computing power - rent it out or rent what you need, all on a massive global network! 😎
🔘 IO Net is already up and running with tons of users and impressive results!🚀
If you're interested in the future of AI, this is definitely worth checking out! 👍 Check out the full article by Shoal Research for all the juicy details! DYOR! #altcoins #IOprediction
It dives deep into the world of AI and how renting out unused computer power can be a game-changer. The article talks about something called "compute DePINs" which basically create a giant network of computers anyone can access. This is where #IO Net comes in and plays a HUGE role! 👀💪🔥
Don't have time to read the whole article? No worries, we got you covered! Here's the gist:💻👇
🔘 Forget oil, the future is about computing power for AI!🤖
🔘 DePINs connect people with unused computer power to those who need it.🤝
🔘 IO Net is like Uber for computing power - rent it out or rent what you need, all on a massive global network! 😎
🔘 IO Net is already up and running with tons of users and impressive results!🚀
If you're interested in the future of AI, this is definitely worth checking out! 👍 Check out the full article by Shoal Research for all the juicy details! DYOR! #altcoins #IOprediction
Retail investors on a $BTC buying spree! 👀
According to Hyblock, 70% of accounts on $BNB are "LONG" on Bitcoin right now - that's way up from yesterday! 😵
Looks like everyone's trying to catch that falling knife! 🔪✋️🤐 Invest Responsibly. DYOR!! #BTC #TopCoinsJune2024
Thanks Hyblock for info!! 🙏👍
According to Hyblock, 70% of accounts on $BNB are "LONG" on Bitcoin right now - that's way up from yesterday! 😵
Looks like everyone's trying to catch that falling knife! 🔪✋️🤐 Invest Responsibly. DYOR!! #BTC #TopCoinsJune2024
Thanks Hyblock for info!! 🙏👍
EYO $ENA fam! Big updates this week!! 🌞👊👇
Cross-chain magic: ENA teamed up with LayerZero to move your USDe and other Ethena goodies across blockchains securely. Think of it like a crypto bridge guarded by staked ENA tokens! This is just the first step in some exciting ENA infrastructure plans.
Staking pools coming soon! Get the lowdown on staking and a broader #ENA tokenomics update on June 17. Mark your calendars! 👀💥
Risk Radar Update: 🤖Things are lookin' stable, fam! Here's a quick snapshot: 👇💻
(1) USDe/DAI Peg: Still rockin' the "Generally Stable" zone. 💪
(2) Price Deviation: Cruisin' in the green zone (1.000-1.002).🟢
(3) USDe Supply: Up to a whopping $3.44 billion! 🔥🔼
(4) Backing Assets: $3.44 billion in backing. 🔼 💪
(5) Reserve Fund: Healthy at $43.3 million and climbing! 🔼
We'll be switching to bi-weekly updates for the Risk Radar since things are lookin' pretty stable. Remember, DYOR and invest responsibly! 😉🌞 #altcoins
Cross-chain magic: ENA teamed up with LayerZero to move your USDe and other Ethena goodies across blockchains securely. Think of it like a crypto bridge guarded by staked ENA tokens! This is just the first step in some exciting ENA infrastructure plans.
Staking pools coming soon! Get the lowdown on staking and a broader #ENA tokenomics update on June 17. Mark your calendars! 👀💥
Risk Radar Update: 🤖Things are lookin' stable, fam! Here's a quick snapshot: 👇💻
(1) USDe/DAI Peg: Still rockin' the "Generally Stable" zone. 💪
(2) Price Deviation: Cruisin' in the green zone (1.000-1.002).🟢
(3) USDe Supply: Up to a whopping $3.44 billion! 🔥🔼
(4) Backing Assets: $3.44 billion in backing. 🔼 💪
(5) Reserve Fund: Healthy at $43.3 million and climbing! 🔼
We'll be switching to bi-weekly updates for the Risk Radar since things are lookin' pretty stable. Remember, DYOR and invest responsibly! 😉🌞 #altcoins
$IO crushing it on Binance launch! Unlike some other tokens (looking at you $OMNI !), IO isn't having a dramatic first day dip.
Sure, it hit a high of $4.622 before finding its footing around $3.837 now. But hey, that's crypto! 🤷😅
The coolest part? The trading volume is crazy - over $1 billion in the last 24 hours! 🔥
There might be some folks selling (around $2 million worth), but the big boys seem to be buying in (almost $1.5 million!). 👊😎
This could be a good sign for IO's future.?! Keep an eye on it! 💻👀 DYOR! #IO #altcoins
Sure, it hit a high of $4.622 before finding its footing around $3.837 now. But hey, that's crypto! 🤷😅
The coolest part? The trading volume is crazy - over $1 billion in the last 24 hours! 🔥
There might be some folks selling (around $2 million worth), but the big boys seem to be buying in (almost $1.5 million!). 👊😎
This could be a good sign for IO's future.?! Keep an eye on it! 💻👀 DYOR! #IO #altcoins
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