The cryptocurrency $TRUMP is a meme coin that just days before Trump's second presidency, and at its launch it went up more than 300% in a single night. The novelty is here! It is the token $WLFI from the company World Liberty Financial, also linked to the Trump family. It started trading on Binance and other platforms, and although it started strong, it has also had some very volatile price movements. We need to keep an eye out and stay alert so we don't just watch the signals! It could be a new Boom. Follow us to stay updated. #WFLI #Binance
Have you bought CR7's crypto? šØ Be careful with scams
āAttention! Fake tokens named āCR7ā associated with Cristiano Ronaldo have been detected. There is no token officially backed by him⦠only his NFTs with Binance.ā Based on Binance's clarification: Ronaldo has not launched any token, only NFT collections. (binance.com) What happened? A token was created pretending to have Ronaldo's backing, which peaked at a market cap of $143 million in just minutes, before dropping 98% in less than 15 minutes ā a typical rug pull scam. (ainvest.com, coincentral.com, tradersunion.com) This was part of a coordinated campaign by influencers who promoted the token and then deleted their posts after the drop. (99bitcoins.com, cryptorank.io)
Why does this happen? They took advantage of Ronaldo's legitimate connection with Binance (NFTs since 2022) to lend credibility to the fake token. (ainvest.com, cryptorank.io) However, there is no official confirmation from Ronaldo or Binance about the creation of a CR7 token. (binance.com)
Lesson for the community
Unverified rumors Always verify through official sources (Binance, Ronaldo, his team)
Influencer hype Be wary if promotions disappear after the launch.
Unrealistic promises and extreme growth These are classic indicators of pump-and-dump schemes.
āDonāt be swayed by viral rumors. These types of scams exploit celebrity names and FOMO (fear of missing out) to steal. Always do your own research (DYOR) and trust only verified sources.ā#CriptoSegura #cr7 #Binance
šØ Market Pullback in Cryptos: Opportunity or Trap?
The pullback in cryptos like $BTC , $ETH , $BNB or even memecoins like $SHIB and $DOGE, does not always mean a change in trend. A good trader understands that it is an opportunity to reposition within the main trend.
Many traders see a pullback and think the market has changed direction⦠mistake! The pullback is nothing more than a pause or temporary retracement within the main trend. If the trend is bullish š, the pullback is usually a breather before continuing to rise. If it is bearish š, it is a bounce before continuing to fall.
The important thing is to differentiate a pullback from a reversal: Pullback = short movement, returns to the trend. Reversal = real change of trend.
Pro tip: Always confirm with volume and key levels (supports/resistances or Fibs). A good trader is not afraid of the pullback: they use it to enter better positioned.
Weekly Update. Crypto Scams: Binance Freezes +$250 Million in Scams
The T3 FCU initiative ācomposed of TRON, Tether, TRM Labs, and Binanceā announced that it has frozen over USD 250 million in cryptocurrencies related to āpig butcheringā scams and romance fraud. Additionally, the firm Chainalysis, in collaboration with North American authorities through Operations Atlas and Avalanche, added another USD >50 million, reaching a total of over USD 300 million frozen. Binance committed against crypto fraud, š„
Notcoin ($NOT) started as a simple game within Telegram where millions of users mined by tapping a virtual coin. What seemed like just a viral strategy quickly became one of the largest cases of mass adoption in Web3. In just a few weeks, over 35 million people joined the mining, generating a global community around The Open Network (TON) ecosystem.
As of May 16, 2024, Notcoin is a real cryptocurrency listed on Binance and other top exchanges. The $NOT token is now part of the market, and many investors are watching its future projection, viewing it as a potential "new Dogecoin" or even as the gateway to a new generation of crypto games integrated into Telegram.
With future initiatives like missions, staking, and new utilities within the TON ecosystem, Notcoin is shaping up to be more than just a simple meme-token. Its viral origin gave it strength, but its community and projection could solidify it as one of the surprises of the next bull cycle.
šø Do you already have your $NOT? šø Do you think it can reach 10x in the next bullrun?
Leave me your opinions š #Notcoin #Binance #CryptoGaming #TON #Web3 #Telegram
š¶š„ Although many see $SHIB as a memecoin, some reports indicate that the Ministry of Energy and Infrastructure of the United Arab Emirates may have signed a memorandum to use the ShibOS⢠operating system (based on Shibarium) in government services and infrastructure projects.
Some sources like CoinDesk and The Defiant covered it as a breakthrough in Web3 adoption, although users on social media warn that the official announcements were deleted and urge caution. Ā Is it a real step towards utility or just Do you think Shiba is really evolving or is it all smoke? š