How to Become a Millionaire from New Currencies on Web3?
Recently, I started noticing coins with global names like Chrome and Google, and now the Google AI coin, which had a very limited supply of only 1000 pieces! This means that the price is high from the start due to its scarcity.
I entered the coin at a price of $6000 per piece, and in just 45 minutes, I was able to make $20,000 thanks to rapid speculation. But let me clarify something very important:
📌 What is happening here? ✅ These coins rely on pump and dump, where liquidity is quickly attracted and then suddenly sold off, causing the price to collapse. ✅ Limited supply creates an illusion of high value, but it does not guarantee price stability. ✅ Some of these coins can be very profitable if you are quick to sell, but they are risky for those who enter late.
🚨 Important Advice: ✔️ If you see a coin with the name of a well-known brand, do not assume it is official; check the smart contract and the developers' history. ✔️ Do not invest an amount you cannot afford to lose, as these coins can crash within minutes. ✔️ Use tools like DEX Screener and GeckoTerminal to monitor liquidity before making any decisions.
💬 Have you tried trading on Web3? Share your experience in the comments! 🔹 Follow me to know about upcoming opportunities and the risks to avoid! #Web3
Trump Administration Launches 'Digital Fort Knox' for Bitcoin and Announces New Strategic Reserve for Digital Assets Arincen - The administration of President Donald Trump announced on Friday an executive order to establish a strategic reserve for Bitcoin, in a move described as the 'Digital Fort Knox for digital gold.' This announcement comes as the White House continues plans to enhance the status of digital assets in the global financial arena, considering Bitcoin a distinguished currency deserving of 'special treatment' due to being the first and most secure cryptocurrency.
Senior officials in the administration explained that Bitcoin has a number of unique advantages, such as the scarcity of the currency and the availability of the highest levels of security, having not been subject to any cyber attack since its launch. They also noted that the protocol governing Bitcoin sets a cap of only 21 million coins, which enhances its value as a rare digital asset.
In a related context, officials pointed out that the new strategic reserve will be free from tensions related to short-term market fluctuations, just as previous U.S. administrations treated gold as a strategic asset. It was also added that the reserve will include other digital assets that the United States may acquire through seizures, but without the treasury purchasing more of these assets.
Federal Reserve Chairman Jerome Powell indicated on Friday that the central bank may continue to adopt a patient approach regarding interest rates as the economy remains in good shape despite rising uncertainty.
Chairman Jerome Powell said on Friday in prepared remarks at the American Monetary Policy Forum hosted by the Booth School of Business at the University of Chicago: "We are not in a hurry and we are in a good position to wait for clarity [on whether monetary policy will be adjusted]."
The Federal Reserve's insistence on not signaling any hints of a future monetary policy decision comes at a time when many feel uncertain.
The Fed chairman stated that although recent indicators "suggest a potential moderation in consumer spending," the economy is still in good shape and "the Fed does not need to do anything at this time."
Meanwhile, Powell noted that the labor market remains "strong and broadly balanced," citing several indicators, including the monthly jobs report released on Friday.
The path to 2% inflation has been bumpy and we expect that to continue."
Regarding the tariffs imposed by the Trump administration, which have created an atmosphere of economic uncertainty.
The impact of the tariff policies imposed by the Trump administration is still difficult to assess, according to Federal Reserve Governor Adriana Kugler. During her talk on Friday, Kugler emphasized the challenges in understanding these policies, especially in a context where they could potentially contribute to increasing inflationary pressures.
Kugler highlighted the prevailing uncertainty regarding the payment of tariffs, noting that this uncertainty may hinder economic activities that could have taken place. She made these remarks during a meeting organized by Banco de Portugal.
In addition to the potential slowdown in economic activities, Kugler warned that tariffs could lead to rising inflation and ultimately result in slower growth. Her comments underscore the complex and far-reaching implications of the tariff policies followed by the Trump administration.
A level close to the current price, and if it is broken, we may witness a stronger upward movement.
Resistance 2: 1.80 - 1.85 USDT
This is the level where the price previously faced rejection, so it may be a tough barrier.
Strong Resistance: 2.00 - 2.10 USDT
If the price manages to break this level, the overall trend may turn bullish.
Summary: If the price breaks 1.70 USDT with high trading volume, we may see a movement towards 1.80 USDT, and if it breaks 1.85 USDT, there will be a possibility of reaching 2.00 USDT.
A level close to the current price, and if it is breached, we may witness a stronger upward movement.
Second resistance: 1.80 - 1.85 USDT
This is the level where the price has previously faced rejection, so it may be a tough barrier.
Strong resistance: 2.00 - 2.10 USDT
If the price successfully breaks through this level, the overall trend may shift to bullish.
Summary: If the price breaks 1.70 USDT with high trading volume, we may see a move towards 1.80 USDT, and if it breaks 1.85 USDT, there will be a possibility of reaching 2.00 USDT.