LIVECrypto_Jo_ZAR
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No more meme coins for me, from accidental burns, to insider trading investigation - No thank you ... I'll stick to BTC and the top 10 thank you.
#Fintech #Bitcoin #BitcoinEducation #BTC #MemeCoins
$BTC $BOME $SOL
#Fintech #Bitcoin #BitcoinEducation #BTC #MemeCoins
$BTC $BOME $SOL
Insider Trading? Binance Reward of $100000 for info 💹 #BOME $BOME Your Thoughts?
LIVEBLOCKCHAIN NEWS
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Binance is offering a reward of $100,000 to $5 million for reports on potential insider trading or corruption within the exchange. This comes after the recent listing of Solana-based memecoin Book of Meme (BOME) sparked allegations of insider trading. A crypto whale purchased 314 million BOME tokens for $2.3 million before the listing, and their value surged to $8 million after the listing. Binance has launched an investigation into the allegations and encourages the community to report any misconduct related to the exchange. The platform aims to maintain a transparent trading environment and prevent market manipulation.
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#CryptoVerse 6: Looking to the Future
Bitcoin's introduction has sparked a wave of innovation, leading to the creation of thousands of other cryptocurrencies, each attempting to improve or offer different capabilities than Bitcoin. Beyond financial transactions, blockchain technology is exploring uses in secure voting systems, supply chain management, and even in creating decentralized internet services.
Engaging Thought: Imagine a future where you can vote securely from your smartphone, trace the entire journey of your coffee from bean to cup, or own a piece of digital land in virtual worlds. Bitcoin's underlying technology is making these ideas more plausible every day.
As we've seen, @Bitcoin and its underlying blockchain technology has set the stage for a potential revolution in how we handle digital transactions, ownership, and trust. Whether you're interested in the financial aspect of cryptocurrencies or the broader applications of blockchain, there's no denying that we're only at the beginning of exploring what these innovations can do.
#Fintech #Bitcoin #BitcoinEducation #BTC $BTC
Bitcoin's introduction has sparked a wave of innovation, leading to the creation of thousands of other cryptocurrencies, each attempting to improve or offer different capabilities than Bitcoin. Beyond financial transactions, blockchain technology is exploring uses in secure voting systems, supply chain management, and even in creating decentralized internet services.
Engaging Thought: Imagine a future where you can vote securely from your smartphone, trace the entire journey of your coffee from bean to cup, or own a piece of digital land in virtual worlds. Bitcoin's underlying technology is making these ideas more plausible every day.
As we've seen, @Bitcoin and its underlying blockchain technology has set the stage for a potential revolution in how we handle digital transactions, ownership, and trust. Whether you're interested in the financial aspect of cryptocurrencies or the broader applications of blockchain, there's no denying that we're only at the beginning of exploring what these innovations can do.
#Fintech #Bitcoin #BitcoinEducation #BTC $BTC
#CryptoVerse 5: The Challenge of Scalability
As Bitcoin's popularity grew, so did the challenge of scaling the network to accommodate more transactions. The original design has its limits on how many transactions can be processed at a time, leading to potential delays and higher fees during busy periods.
Innovative Solutions: Technologies like the Lightning Network are being developed as a layer on top of Bitcoin to enable faster and cheaper transactions. It's similar to building express lanes on a highway to allow for more traffic to flow smoothly.
#Fintech #CryptoEducation #Bitcoin #EmergingMarkets $BTC
As Bitcoin's popularity grew, so did the challenge of scaling the network to accommodate more transactions. The original design has its limits on how many transactions can be processed at a time, leading to potential delays and higher fees during busy periods.
Innovative Solutions: Technologies like the Lightning Network are being developed as a layer on top of Bitcoin to enable faster and cheaper transactions. It's similar to building express lanes on a highway to allow for more traffic to flow smoothly.
#Fintech #CryptoEducation #Bitcoin #EmergingMarkets $BTC
#CryptoVerse 4: Bitcoin's Economic Model
Bitcoin introduced an economic model where the total supply is capped at 21 million coins, mimicking scarce resources like gold. This scarcity could potentially make Bitcoin a hedge against inflation as traditional fiat currencies can be printed without limit.
Curiosity Point: Think of Bitcoin as a digital form of gold mining. Instead of physically digging into the earth, miners solve complex mathematical puzzles to "mine" new bitcoins, adding them to the circulating supply until the cap is reached.
#BTC #Fintech #CryptoEducation💡🚀 #Bitcoin $BTC
Bitcoin introduced an economic model where the total supply is capped at 21 million coins, mimicking scarce resources like gold. This scarcity could potentially make Bitcoin a hedge against inflation as traditional fiat currencies can be printed without limit.
Curiosity Point: Think of Bitcoin as a digital form of gold mining. Instead of physically digging into the earth, miners solve complex mathematical puzzles to "mine" new bitcoins, adding them to the circulating supply until the cap is reached.
#BTC #Fintech #CryptoEducation💡🚀 #Bitcoin $BTC
#CryptoVerse 3: The Concept of Digital Ownership
The Bitcoin Whitepaper introduces a way to prove digital ownership without duplication or fraud, using cryptographic keys. Each bitcoin is tied to a digital signature, making it uniquely yours, much like a digital fingerprint.
Real-World Example: Imagine owning a digital painting that, through blockchain, is indisputably linked to you, making it as uniquely yours as a physical painting hanging in your living room.
#Fintech #Bitcoin #BitcoinEducation #BTC $BTC
The Bitcoin Whitepaper introduces a way to prove digital ownership without duplication or fraud, using cryptographic keys. Each bitcoin is tied to a digital signature, making it uniquely yours, much like a digital fingerprint.
Real-World Example: Imagine owning a digital painting that, through blockchain, is indisputably linked to you, making it as uniquely yours as a physical painting hanging in your living room.
#Fintech #Bitcoin #BitcoinEducation #BTC $BTC
#CryptoVerse 2: Securing Transactions with Cryptography
Bitcoin ensures the security of transactions using something called proof of work. Each transaction is locked with a complex mathematical puzzle that requires significant computational effort to solve. This effort confirms the transaction is legitimate and adds it to the blockchain.
Curiosity Point: This mechanism is akin to solving a highly complex Sudoku puzzle that guards your money; only those who have put in the effort to solve it can access and transfer the funds.
#Fintech #CryptoEducation💡🚀 #Bitcoin #EmergingMarkets
Bitcoin ensures the security of transactions using something called proof of work. Each transaction is locked with a complex mathematical puzzle that requires significant computational effort to solve. This effort confirms the transaction is legitimate and adds it to the blockchain.
Curiosity Point: This mechanism is akin to solving a highly complex Sudoku puzzle that guards your money; only those who have put in the effort to solve it can access and transfer the funds.
#Fintech #CryptoEducation💡🚀 #Bitcoin #EmergingMarkets
#CryptoVerse 1: The Power of Decentralization
At the heart of Bitcoin is a revolutionary idea: transactions can occur directly between two parties without the need for a trusted third party, like a bank. This is made possible through a technology called blockchain, which acts like a public ledger. Imagine a global spreadsheet that records every transaction in such a secure way that once something is added, it cannot be changed or removed. This creates trust not from a central institution, but from the system itself, which is maintained by a network of computers around the world.
Real-World Example: It's like sending an email directly to a friend without having to go through a post office that checks and approves each message. This level of direct control could redefine how we think about sending and receiving money.
#Fintech #CryptoEducation💡🚀 #Bitcoin #EmergingMarkets
At the heart of Bitcoin is a revolutionary idea: transactions can occur directly between two parties without the need for a trusted third party, like a bank. This is made possible through a technology called blockchain, which acts like a public ledger. Imagine a global spreadsheet that records every transaction in such a secure way that once something is added, it cannot be changed or removed. This creates trust not from a central institution, but from the system itself, which is maintained by a network of computers around the world.
Real-World Example: It's like sending an email directly to a friend without having to go through a post office that checks and approves each message. This level of direct control could redefine how we think about sending and receiving money.
#Fintech #CryptoEducation💡🚀 #Bitcoin #EmergingMarkets
Let's explore the groundbreaking ideas introduced by the Bitcoin Whitepaper in a way that's accessible to everyone, especially if you're just beginning your journey into the world of cryptocurrency. This exploration is not just about Bitcoin itself but about the ripple effect it has had on technology, finance, and how we perceive value in the digital age.
I'll be sharing a few posts exploring this labelled #CryptoVerse
#DigitalMarketer pioneering the #CryptoVerse community to explore the crypto frontiers together.
#Fintech #CryptoEducation💡🚀 #Bitcoin #EmergingMarkets $BTC
I'll be sharing a few posts exploring this labelled #CryptoVerse
#DigitalMarketer pioneering the #CryptoVerse community to explore the crypto frontiers together.
#Fintech #CryptoEducation💡🚀 #Bitcoin #EmergingMarkets $BTC
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#BOME analysis: what's next?
LIVE
CoinEdition
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Solana-Themed Meme Coin BOME Produces $30.2 Million for Biggest Buyer
The pre-sale participant took $3.66 million in gains out of a possible $30.2 million.
Bulls took advantage of sellers’ fatigue, and are attempting to drive the price to $0.030.
While the market cap dropped to $1.01 billion, volatility remained extreme.
Three days after turning $72,000 to $30.2 million, sundayfunday.sol, the largest presale participant of Solana-based meme coin BOOK OF MEMES (BOME) took some profits. According to Lookonchain, the participants spent 421 SOL to buy 1.43 billion BOME.
After the price pumped and the market cap surpassed $1 billion, he sold 190 million BOME for $3.66 million. As of this writing, the trader still had 1.24 billion BOME, valued at $26.57 million left.
sundayfunday.sol turned $72K into $30.2M in just 3 days on $BOME!😱sundayfunday.sol is the largest $BOME pre-sale participant, spending 421 $SOL($72K) to participate in the pre-sale of $BOME and received 1.43B $BOME($30.6M currently).He sold 190M $BOME for 19,646 $SOL($3.66M)… pic.twitter.com/4m3spvkI72
— Lookonchain (@lookonchain) March 17, 2024
On March 16, Coin Edition reported how the meme coin caught the attention of Binance as the exchange announced the listing of its perpetual contract. Moments later, the price of BOME rallied to $0.0264.
However, a ton of the early investors seemed to have taken profit off the pump. As a result, the meme coin’s price dropped. At press time, CoinMarketCap data showed that BOME changed hands at $0.0198.
BOME Price Prediction
On the 1-hour BOME/USDT chart using TradingView, bulls seemed ready to help the price retest $0.0264. At press time, sellers seem to have been exhausted at $0.0178. Consequently, bulls took advantage of the fatigue and revered the trend upwards.
However, in the build up to $0.0264, BOME might encounter an overhead resistance at $0.0226. A successful breach of this resistance might send the token to $0.030. But if the token experiences rejection at this level, the price might reverse below $0.020.
Furthermore, the Bollinger Bands (BB) showed that volatility around the cryptocurrency remained extreme. A bullish scenario with this kind of volatility might produce another 5x for the meme coin.
In a highly bearish condition, the price of BOME might plunge back to $0.0178. Meanwhile, the Relative Strength Index (RSI) remained above the neutral zone. This indicates that the token still had some bullish momentum left despite the selling pressure it recently experienced.
BOME/USDT 1-Hour Chart (Source: TradingView)
Despite the recent drawdown, BOOK OF MEMES has remained a top 100 cryptocurrency. At press time, it was ranked number 97 with a market cap of $1.01 billion. The meme coin is the third Solana-based token to rise into the top 100 after Bonk (BONK) and dogwifhat (WIF).
However, both WIF and BONK have experienced major nosedives lately as it seems liquidity from there moved to BOME. In the last 24 hours, WIF’s price decreased by 12.92%. BONK, on the other hand, lost 19.72% of its value.
The post Solana-Themed Meme Coin BOME Produces $30.2 Million for Biggest Buyer appeared first on Coin Edition.
Bulls took advantage of sellers’ fatigue, and are attempting to drive the price to $0.030.
While the market cap dropped to $1.01 billion, volatility remained extreme.
Three days after turning $72,000 to $30.2 million, sundayfunday.sol, the largest presale participant of Solana-based meme coin BOOK OF MEMES (BOME) took some profits. According to Lookonchain, the participants spent 421 SOL to buy 1.43 billion BOME.
After the price pumped and the market cap surpassed $1 billion, he sold 190 million BOME for $3.66 million. As of this writing, the trader still had 1.24 billion BOME, valued at $26.57 million left.
sundayfunday.sol turned $72K into $30.2M in just 3 days on $BOME!😱sundayfunday.sol is the largest $BOME pre-sale participant, spending 421 $SOL($72K) to participate in the pre-sale of $BOME and received 1.43B $BOME($30.6M currently).He sold 190M $BOME for 19,646 $SOL($3.66M)… pic.twitter.com/4m3spvkI72
— Lookonchain (@lookonchain) March 17, 2024
On March 16, Coin Edition reported how the meme coin caught the attention of Binance as the exchange announced the listing of its perpetual contract. Moments later, the price of BOME rallied to $0.0264.
However, a ton of the early investors seemed to have taken profit off the pump. As a result, the meme coin’s price dropped. At press time, CoinMarketCap data showed that BOME changed hands at $0.0198.
BOME Price Prediction
On the 1-hour BOME/USDT chart using TradingView, bulls seemed ready to help the price retest $0.0264. At press time, sellers seem to have been exhausted at $0.0178. Consequently, bulls took advantage of the fatigue and revered the trend upwards.
However, in the build up to $0.0264, BOME might encounter an overhead resistance at $0.0226. A successful breach of this resistance might send the token to $0.030. But if the token experiences rejection at this level, the price might reverse below $0.020.
Furthermore, the Bollinger Bands (BB) showed that volatility around the cryptocurrency remained extreme. A bullish scenario with this kind of volatility might produce another 5x for the meme coin.
In a highly bearish condition, the price of BOME might plunge back to $0.0178. Meanwhile, the Relative Strength Index (RSI) remained above the neutral zone. This indicates that the token still had some bullish momentum left despite the selling pressure it recently experienced.
BOME/USDT 1-Hour Chart (Source: TradingView)
Despite the recent drawdown, BOOK OF MEMES has remained a top 100 cryptocurrency. At press time, it was ranked number 97 with a market cap of $1.01 billion. The meme coin is the third Solana-based token to rise into the top 100 after Bonk (BONK) and dogwifhat (WIF).
However, both WIF and BONK have experienced major nosedives lately as it seems liquidity from there moved to BOME. In the last 24 hours, WIF’s price decreased by 12.92%. BONK, on the other hand, lost 19.72% of its value.
The post Solana-Themed Meme Coin BOME Produces $30.2 Million for Biggest Buyer appeared first on Coin Edition.
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#trees
LIVENhico Trading tips
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Bullish
$BOME buy now the support resistance is hit please buy only 30% of your money trade dont put all it once ang do your own research
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