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CharlieCrypto
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Conventional wisdom can only help you navigate so far. One can always count and even bank on the mobs penchant for greed and fear.
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While it entails some risk, you could consider entering ENA at 0.770-0.780 and hope for a temporary rebound, known as a "dead cat bounce," allowing you to exit around 0.810-0.820. Recently, there has been strong support at the .770 level. This plan assumes there won't be another BTC liquidation event before the Federal Reserve meeting tomorrow. $BTC $ENA #written2earn
The most enduring trait of ADA is its remarkable ability to always disappoint. If BTC goes up, maybe ADA will as well, but if BTC goes down, ADA will spiral down by at least one and a half percentage points of BTC's loss. For those who can stomach the roller coaster of pain, entry prices of $0.5850 and $0.5925 should be a disappointment-free zone.
#ADA #write2earn🌐💹
#ADA #write2earn🌐💹
So, Elon Musk made an April 1st tweet, and this raised eyebrows for investors interested in Cardano. Subsequently, the price plunged remarkably the day after. It was also noted that he then pumped some money into meme coins. However, it's hard to decipher the signal here. At an entry price point of say 0.5650 ADA, it would seem to be a safe bet. Long-term prospects seem favorable. #ADA/USD #ElonsMusk #LongHold
The expected target recovery price for Bnb is around $600, with a potential price close to $700 before the "having" event. One reason for the coin's currently depressed price is that Bitcoin (BTC) and other cryptocurrencies were likely affected by the Federal Reserve's announcement of a "wait and see" approach, which created fear and tightened lending markets, resulting in less liquidity.
#Bnb #Write2Earrn
#Bnb #Write2Earrn
BNB sell-off before ENA listing is ongoing. Order book shows more sellers than buyers, likely aiming to break even, but excess sellers depressing price momentarily. Shorting BNB could be profitable, but no BNB available to borrow due to successful launch pool. Possible BNB could dip to $575-$580 range. Early indicators suggest significant price correction pre-launch and slightly post-Launchpad event.
#BinanceLaunchpool #BNB #ENA #Write2Earrn
#BinanceLaunchpool #BNB #ENA #Write2Earrn
BNB may surge before the ENA listing due to latecomers seeking farming opportunities, but could plunge as the listing goes live, as investors need liquidity for the new project. Expect volatility, increased volume, but a notable price decline. However, a spike is also possible driven by trading activity during the selloff. Projections suggest a momentary fluctuation between $610-$625.
On April 2, 2024, ENA trading begins, and the Binance farming period ends. With 17,854,618.9111 BNB staked, those tokens will re-enter circulation within 22 hours, creating a surplus. Some will be liquidated for ENA, potentially creating more sellers than buyers, driving BNB's price down short-term.
Historical Examples:
SushiSwap's 2020 fork of Uniswap saw liquidity migration from Uniswap, leading to a UNI price drop.
Similarly, PancakeSwap and SyrupBar caused a temporary CAKE price decline.
Ultimately, the long-term market sentiment towards BNB is expected to be favorable.
This should not be considered financial or trading advice.
#BinanceLaunchpool #BNB #ENA #ENALAUNCHPOOL #Write2Earrn
On April 2, 2024, ENA trading begins, and the Binance farming period ends. With 17,854,618.9111 BNB staked, those tokens will re-enter circulation within 22 hours, creating a surplus. Some will be liquidated for ENA, potentially creating more sellers than buyers, driving BNB's price down short-term.
Historical Examples:
SushiSwap's 2020 fork of Uniswap saw liquidity migration from Uniswap, leading to a UNI price drop.
Similarly, PancakeSwap and SyrupBar caused a temporary CAKE price decline.
Ultimately, the long-term market sentiment towards BNB is expected to be favorable.
This should not be considered financial or trading advice.
#BinanceLaunchpool #BNB #ENA #ENALAUNCHPOOL #Write2Earrn
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BURNGMT
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$LUNC
🚨 LUNC TOKEN PRICE CRASHED 🚨
👀 LUNC Token price dumped 20.89% in just 24 trading hours . 😱
👀 LUNC TOKEN lost almost it's all bullish candles that was gained in previous weeks bullish Trend & according to my research it's best time to entry in market .
🔥🔥🔥 VOTING BURN MECHANISM AND GMT LOCKING EXPLAINED: 😮
The Voting Burn Mechanism is a novel approach designed to engage token holders in the governance and reward structure of the GMT ecosystem. At its core, this mechanism allows users to burn (permanently remove) their GMT tokens to participate in ecosystem decisions and earn rewards. Here's how it works:
1. 60-Day GMT Lock: When participants decide to take part, they must lock their GMT tokens for a period of 60 days. This lock-up ensures commitment to the ecosystem and prevents short-term speculative behavior. During this period, locked tokens cannot be traded, but participants retain the opportunity to influence ecosystem governance by voting on proposals.
2. 100M GMT Reward Pool: A substantial incentive pool of 100 million GMT tokens is set aside to reward participants. Rewards are distributed proportionally based on the number of tokens locked and the level of engagement in the voting process. The pool not only incentivizes active participation but also ensures fairness by rewarding committed users who contribute to ecosystem development.
3. Burning Mechanism: To enhance token scarcity and long-term value, participants are required to burn a portion of their GMT tokens during the process. This reduces the circulating supply, potentially increasing the token's value over time.
This innovative mechanism blends governance, user incentives, and tokenomics to create a sustainable and participatory ecosystem. It benefits both the users, who earn rewards, and the GMT network, which gains value and strengthened governance.
#BURNGMT @GMT DAO $GMT
#BinanceNextWave #2024WithBinance #Share1BNBDaily #Write2Earn! $ME
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