🟡 Justin Sun Has Exactly 1 Billion Dollars: Here Are The Altcoins He Holds

The crypto portfolio of Tron (TRX) founder Justin Sun, perhaps one of the most controversial names in the cryptocurrency world, attracts attention.

Sun, whose blockchain network is the most popular network for sending stablecoin Tether (USDT) in the world, has a large number of altcoins on different chains.

The total value of Sun's known cryptocurrency wallets at the time of this writing is $1.03 billion. The biggest part of this amount, $276 million, is its own stablecoin USDD. Then comes the fact that he is the founder with 238 million dollars.

In third place is the cryptocurrency project Bittorrent (BTT), which it bought a while ago for 117 million dollars.

Justin Sun's entire cryptocurrency portfolio is listed as follows:

USDD – $276 million
TRX – $238 million
BTT – $117 million
BTC – $98 million
USDJ – $91 million
WSTETH – $58 million
AETHUSDT – $18 million
AETHUSDC – $12 million
SHIB – $11.56 million
ETH – $9.22 million
USDT – $9 million
NFT – $8 million
WIN – $8 million
FLOKI – $5.63 million
CRV – $2.92 million
MATIC – $2.22 million
LINK – $2 million
ZRX – $1.79 million
JST – $1.61 million
HTX – $1.48 million
PEPE – 888 thousand dollars
LPT – 723 thousand dollars
SUN – 722 thousand dollars
STRX – $598 thousand
BABYDOGE – 596 thousand dollars

There has been a decrease of approximately $55 million in Sun's portfolio in the last week. At its peak, Sun's portfolio stood at approximately $7 billion.

#JustinSun @Justin Sun孙宇晨

⚡️ If you are interested in ZK Proof Technology , then #MANTA is for you, don't miss the BIG chance !!

🔸 Manta’s new CeDeFi product is off to a bullish start, with the project attracting more than $120 million in assets within its first week.

Data from DeFiLlama shows Manta CeDeFi boasting $121.5 million in total value locked (TVL) following its debut on May 19. The impressive growth is likely spurred by Manta offering a two-month points program qualifying early adopters who deposit assets before the product surpasses a $500 million TVL for monthly MANTA airdrops.

However, Manta CeDeFi’s user base appears heavily concentrated so far, with Colin Wu, a blockchain reporter, flagging that two whale wallets are responsible for nearly $100 million worth of CeDeFi's deposits.

🔸 Exploring Zero-Knowledge Proofs (ZK)

Zero Knowledge Proofs helps provide proof about the statement without revealing any information. Many blockchain networks are using ZK Proof because it can validate multiple transactions in a single proof without compromising privacy and security. Zero Knowledge Proofs are quite complex and require some cryptographic expertise to develop a ZK-based application. Manta Network also understands the massive potential of ZK proof, but in most cases, developing ZK-based applications is not user-friendly and has lots of complexity. Manta Network solves this problem by introducing Universal circuits, a ZK-based library through which users can easily develop ZK-based applications.

🔸 Understanding Manta Network

Manta Network is designed to address some of the most pressing challenges in the blockchain and DeFi space — privacy, security, and interoperability. Its purpose is to provide a robust infrastructure for zero-knowledge applications, enabling a new era of privacy-preserving yet transparent applications in the web3 ecosystem. Manta Network’s unique approach combines the speed and decentralization of Layer 1 solutions with the scalability and EVM compatibility of Layer 2 solutions.

$MANTA #MantaRWA @MantaNetwork

🔥 $WAFFLES Solana Memecoin 🔥

Waffles is a memecoin on the solana blockchain based on Davinci Jeremie’s (the guy who told you to buy Bitcoin in 2013) cat Waffles, Waffles went live on Raydium on April 8th 2024. The goal of the development team and community was to gain Davinci Jeremies attention via posting on twitter and instagram, they accomplished this goal on the 10th of April only 2 days after going live on Raydium, the team then organised a call with Davinci himself and began to onboard him.

Currently at the time of this article being wrote waffles is sitting at a 40 Million market cap, an outstanding jump from the 14 Million market cap just two days prior, currently Waffles is listed on a single CEX being Toobit, but the team plans to list on many more Tier 1 exchanges as soon as possible. The team is also in the stages of hiring a professional videographer to film quality content of Waffles constantly, Waffles is also aiming to be one of the top memecoins with utility, currently their DEX (http://Waffleswap.xyz) one can purchase and swap Waffles plus other memecoins, there is a 0.95% fee that is used to buy and burn Waffles tokens with the raised amount so far being 30,000 USD and the first burn to commence on June 15.

Davinci himself is constantly talking about Waffles on all his social’s and also holds 10% of the total supply of Waffles on this wallet " 4ekSqR4pNZ5hp4cRyicji1Yj7ZCphgkYQhwZf2ib9Wko "
Davinci himself is active in the Waffles community and has been of great help to the team with CEX listings and much more, Davinci himself has stated that he will not be selling any of his Waffles until 1 Billion market cap at which point he will sell a portion to build something that requires to hold Waffles!

⚠️ Marketing Content

#Waffles #Meme #Memecoin #SOL $SOL  

🎁 Claim Your Crypto Box My "𝗙𝗢𝗟𝗟𝗢𝗪𝗘𝗥𝗦"

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Answer & Claim ⬇️

#giveaway  #GIVEAWAY🎁  #CryptoBox

📊 Robert Kiyosaki Promotes Three Cryptocurrencies

The renowned author of “Rich Dad Poor Dad,” Robert Kiyosaki, continues to advocate for the accumulation of scarce assets, including certain cryptocurrencies. With his bestselling book translated into 51 languages and over 41 million copies sold, Kiyosaki’s opinions carry substantial weight. He has consistently criticized the unlimited money printing by governments, predicting it will eventually lead to significant economic problems. In his latest recommendations, Kiyosaki urges his followers to invest in Bitcoin, Ethereum, and Solana.

🔸 Why Cryptocurrency?

Kiyosaki has long been a proponent of investing in “God’s money,” referring to gold and silver. Recently, he expanded his investment advice to include cryptocurrencies due to their limited nature. Describing Bitcoin as a promising asset, Kiyosaki has also emphasized Solana (SOL) and Ethereum (ETH) in his recent advisories. He firmly believes that the rising external debt and economic mismanagement will make these digital assets highly valuable in the near future.

🔸 Predictions for 2024

Kiyosaki predicts that Bitcoin could reach a price of $350,000 by August 2024. While he admits that this is speculative, he stands by his belief. His confidence in the continued rise of Bitcoin, Ethereum, and Solana prices is rooted not in the assets themselves but in his distrust of current economic leaders. He refers to President Biden, Treasury Secretary Yellen, and Fed Chairman Powell as incompetent, advising people to protect themselves by investing in gold, silver, and these cryptocurrencies.

🔸 Key Actionable Insights

– Consider diversifying your investment portfolio to include Bitcoin, Ethereum, and Solana.

– Monitor economic policies and external debt levels as indicators for cryptocurrency investment.

– Keep an eye on predictions and market analyses to stay informed about potential price surges.

$SOL $ETH $BTC #SOL #ETH #BTC #robertkiyosaki

🏛️ Ripple President Says XRP ETF Would Make a Lot of Sense

During a recent interview with CNBC, Ripple President Monica Long said that an XRP exchange-traded fund (ETF) would make "a lot of sense."

"If you think about it, only XRP and Bitcoin have regulatory clarity on status in the U.S. XRP has been a top 10 asset by market cap and is about the top 5 if you look at daily traded volume. So, I think that it will make a lot of sense," she said.

Long's statement comes after Ripple CEO Brad Garlinghouse recently predicted that the launch of a spot XRP ETF was seemingly "inevitable." During a recent CNBC interview, he clarified that approving several altcoin ETFs would make sense since investors typically do not want to have exposure to a single coin. At the same time, he believes that the upcoming Ethereum ETFs will be very successful.

Long expects to see even more institutional interest in the space. Sophisticated players are entering the relatively nascent crypto market with the help of Bitcoin ETFs or tokenized assets.

🔸 Ripple's stablecoin is expected this year

The yet-to-be-named stablecoin project is expected to go live by the end of 2024 according to Long.

"We are working on all the things you need to do in order to bring a product like this to market," she said.

Long claims that there will still be a need for the XRP token even after Ripple launches its stablecoin project since the former will still be able to serve as a bridge asset.

The Ripple executive has pointed to various projections showing that the stablecoin market could reach more than $3 trillion in cumulative market cap within the next five years.

Stablecoins are seeing great demand since they provide easy access to US dollars in various parts of the world. Moreover, stablecoins are convenient for conducting payments.

$XRP #XRP #Ripple

🔥 Shiba Inu Soars: Daily Transactions Hit $135M, Price Surges

● SHIB’s daily transactions surged by 99%, exceeding $135 million, signaling heightened investor activity.

● A burn rate exceeding 10,000% on June 4 removed about 370 million SHIB tokens from circulation, potentially boosting the token’s value.

● Shibarium, processing over five million blocks by May’s end, has enhanced SHIB’s transaction speed, reduced fees, and improved scalability since its summer launch.

Shiba Inu (SHIB) has witnessed a significant surge in its price today, marking a notable 10% increase and positioning itself among the leading altcoins in the current market climate. 

Latest data indicates that SHIB is now trading at around $0.00002612 per token. This surge coincides with a substantial rise in transaction volume, with SHIB’s daily transactions surpassing $135 million, representing a remarkable 99% surge compared to the previous day. Concurrently, the coin’s price has surged by over 6%, indicating a growing interest among investors.

This surge in transaction volume suggests a notable increase in whale activity within the SHIB ecosystem, signaling substantial transactions and heightened involvement from major investors. This resurgence has led to positive returns for many investors, with a significant portion now finding themselves in profitable positions. Notably, approximately 73% of SHIB’s circulating supply is currently under the control of these influential market players.

The recent price rally in SHIB can be attributed to several key factors propelling momentum within the ecosystem. The token burn mechanism has experienced heightened activity, with an exceptionally high burn rate recorded on June 4th. This activity resulted in the removal of approximately 370 million SHIB tokens from circulation last month alone, effectively reducing the token’s supply and potentially enhancing its long-term value.

$SHIB #SHIB

🤯 Expert Predicts Solana’s Value Could Skyrocket by 47x from Recent Lows

● Raoul Pal predicts Solana could rise up to 47 times its previous lows, targeting $750 to $1,000.

● Solana has increased over 600% this year, with recent gains driven by advances like the “Fire Dancer” solution.

● Market data shows Solana’s open interest is up 7.69% to $2.62 billion and active addresses exceeding 1 million.

A prominent financial analyst foresees a highly optimistic future for Solana (SOL), predicting that its value could potentially increase up to 47 times from its previous lows.

Solana, currently trading at $174, has experienced a staggering rise of over 600% since the start of the year, with a 5.1% increase in the last 24 hours and a 0.8% uptick over the past week.

Raoul Pal, founder and CEO of Real Vision and Global Macro Investor, has underscored the promising future of Solana. Pal envisions SOL prices climbing to between $750 and $1,000, citing the cryptocurrency’s resilience and the significant technological strides it has made, such as the “Fire Dancer” scalability solution. He believes that Solana, along with Bitcoin and Ethereum, has demonstrated its robustness in the volatile cryptocurrency market.

Pal draws comparisons to Ethereum’s bull run in 2020, suggesting that Solana might follow a similar pattern, potentially leading to substantial price growth. He also highlights the impact of non-fungible tokens (NFTs) on Solana’s market, pointing out the platform’s cost-effective NFT creation and the potential for innovative new uses for NFTs in the future.

Current market data aligns with Pal’s positive outlook. Solana’s open interest, an indicator of futures market liquidity, has increased by 7.69%, reaching a value of $2.62 billion, alongside a 20% increase in trading volume. Additionally, the number of active Solana addresses has grown from under 800,000 to over 1 million in the past month, signaling increased user engagement and adoption. However, despite Solana surpassing Ethereum in active addresses.

$SOL #SOL #Solana

📣 SEC Chairman Gensler weighs in on approving more token ETFs

Gensler cites lack of investor protection in crypto markets amid ETF discussion.

SEC’s Chairman Gary Gensler was questioned today on CNBC’s Squawk on the Street about the possible approval of exchange-traded funds (ETF) indexed to tokens such as Osmosis (OSMO) and Bonk (BONK) in the US. Jim Cramer, one of the show’s hosts, highlighted how multiple tokens registered millions in trading volume “this very morning,” and questioned if the US shouldn’t have “some sort of products” to capture this volume.

💬 “Let me say something more broadly about crypto markets: right now, without pre-judging anyone, these tokens, whether the ones Jim listed or other tokens, have not given you the disclosures that not only do you need to make your investment decisions, but also are required by the law,” said Gensler.

He adds that the SEC’s role is to guarantee investors have disclosure and that exchanges are properly regulated to prevent fraud, market manipulation, and avoid trading against their customers.

💬 “And these crypto exchanges, Jim, are doing things we would never allow this New York Stock Exchange to do. Our laws don’t allow you to trade against your customers.”

Furthermore, Gensler mentions bankruptcy cases in crypto. Although he doesn’t name specific companies or their former executives, the SEC Chairman hints that his remarks apply to Do Kwon, former Terraform Labs’ CEO, who is facing an extradition case after being arrested in Montenegro.

💬 “Some of the leading lights in this field are either in jail, or about to go to jail, or waiting for extradition […] It’s a suboptimal situation for investors. You are investing in a field right now that you are not getting the proper disclosure,” concludes Gensler on the next crypto ETFs topic.

#gensler

🔻 Notcoin Price Prediction: Reasons Meme Coin Crashing Suddenly

The meme coin that surprised investors last week, rising by more than 4x to $0.02836 is in the red, as bulls fight to secure support at $0.02.

Crypto’s most viral meme coin is back in the red after leading a profound rally since last week. Notcoin sellers are gradually trimming the 302% fortnight gain, leaving bulls gasping for air.

The token still sustains a 120% increase in value in the last seven days but the last 24 hours have been intensely bearish, with declines reaching 12% during US business hours on Wednesday.

Before the correction, NOT surged to achieve a new all-time high of $0.02836. Investors who purchased the viral tap-to-earn meme coin at an all-time low of $0.004611 are up more than 300% on their initial investment.

🔸 Why Is Notcoin Falling?

Profit-taking is one of the major factors causing instability in the market. Early investors are quick to cash out for profit, which they are likely to distribute to Bitcoin and other established altcoins.

Following the incredible rally last week, headwinds were expected. Now, Notcoin as an uphill battle to prove to investors that it can hold its value. This will attract interest from traders who are likely to bet on the next breakout to a new all-time high.

Amid the volatility, Notcoin hovered at $0.02116. The technical structure hints at the downtrend continuing in the coming sessions.

Similarly, investors seem to have turned to more established meme coins, some of which spiked in double digits on June 5. Floki hit a new all-time high, and is sustaining a 17% surge in the last 24 hours.

🔸 Can Bulls Fight For Recovery?

The path of least resistance is strongly inclined downwards, especially with NOT price sliding below the 20-day Exponential Moving Average (EMA) in blue. Backing the bearish outlook is a vivid sell signal from the Moving Average Convergence Divergence (MACD) indicator.

Increasing red histograms is another bearish sign to consider when intending to trade NOT.

$NOT #NOT #NotCoin

🚀 Terra Luna Classic: LUNC Breaks Out; Bulls Eye 50% Gains

After Binance’s token burn and the v3.0.1 upgrade, the LUNC price broke out of a key market structure, with bullish investors aiming for potential 50% gains.

Genuine Labs, a Terra Luna Classic development team, upgraded the chain to v3.0.1 on June 2, 2024. The community had been anticipating this upgrade, and LUNC’s price surged on May 30, following the classic “buy the rumor, sell the news” pattern. As of Wednesday during European business hours, LUNC was priced around $0.00012, up 2.2% in 24 hours and 0.6% over the past week.

🔸 Terra Luna Classic’s Bullish Momentum and Potential Price Targets

The Terra Luna Classic (LUNC) price is currently trending above the 50-day and 200-day simple moving averages (SMA), indicating a bullish outlook for the asset. Over the past 48 days, the bulls have been in an accumulation zone, forming an ascending triangle.

On May 30, 2024, LUNC’s price broke upward and soon retested the upper boundary of the ascending triangle. Now, the price may be preparing to bounce off this resistance-turned-support level.

If LUNC rallies higher, it could reach $0.0001760, a 50% increase from its current price. However, the journey upwards might encounter resistance around $0.000136 and $0.000154. In a bearish scenario, LUNC’s price may find support around $0.000105 and $0.00009.

🔸 Future of LUNC Hinges on Community and Legal Developments

The price of Terra Luna Classic (LUNC) largely depends on the future direction of the blockchain, driven by the community. Investors are keeping a close watch on the markets, as the lawsuit involving Do Kwon and Terraform Labs could significantly impact LUNC’s price.

“There’s been a lot of uncertainty since the end of the trial. Like always with these things I’ve had to stay quiet while I work out the details. I’m hopeful that I’ll be able to share what I’ve been working on by early next week at the latest.”

$LUNC #LUNC

📈 FLOKI Price Could Face Correction After Hitting All-Time High

Floki’s recent surge to an all-time high has certainly turned heads, riding a strong upward trend. Much credit for this momentum goes to Bitcoin’s own recovery journey from its $56,000 price level, inching closer to its record high of $73,000.

Floki, known for its wild swings and meme status, has been in the spotlight.

🔸 More Upside for Floki?

The market capitalization is hovering around $3.1 billion. Given its significance as an important psychological threshold, the next resistance zone could potentially be at $4 billion.

Interestingly, amidst this surge, the price has found considerable support at key exponential moving averages, particularly in the 1-hour and 4-hour timeframes. This underscores the resilience of Floki’s upward trajectory.

During the uptrend, the EMA 50 and 100 played crucial roles as support levels. These levels play a crucial role as support and resistance points.

The volume profile highlights significant support and resistance ranges, with the 4-hour profile currently indicating a weak resistance zone at current prices. A potential correction might bring the price back to around $0.00028 before resuming its upward trend towards new all-time highs.

Observing the volume profile, it becomes evident that our present prices are associated with a notably weak resistance zone. This suggests the market has struggled to maintain higher prices in this area, indicating a potential barrier to upward movement.

Considering this, it’s reasonable to anticipate a corrective movement in the price. A likely target for this correction could be around the $0.00028 level. This would allow the market to readjust before potentially resuming its upward trajectory.

It’s important to note that corrections are a natural part of market movements and often serve to establish healthier price dynamics. Therefore, a pullback to the $0.00028 level shouldn’t necessarily be interpreted as a negative development.

$FLOKI #Floki

🔥 4 Altcoins for NOW !

🔸 Polygon (MATIC) Price Overview: Bearish Trend and Key Levels to Watch

Polygon (MATIC) is trading in the $0.67 to $0.73 range. The price is in a corrective phase, with a one-week decline of 6.04% and a one-month drop of 4.11%. The nearest resistance level is $0.78, while the nearest support is $0.64. With the RSI at 42.15 and a bearish MACD, MATIC shows potential for further downside. The six-month price dip stands at 14.63%.

🔸 Cosmos (ATOM) Price Struggles to Gain Momentum

Cosmos (ATOM) is currently in a price range of $8.01 to $8.74. The coin faces resistance at $9.19 and $9.92, with support at $7.73 and $6.99. Its 10-day and 100-day simple moving averages are close, sitting at $8.34 and $8.35, respectively. The RSI is 42.89, and the Stochastic is 21.87, indicating weak momentum. MACD is slightly negative at -0.01. The price has dropped by 4.10% in the past week, 4.34% in the last month, and 14.66% in six months, showing corrective moves.

🔸 Chainlink (LINK) Price Overview: Current Trends and Predictions

Chainlink’s (LINK) current price range is between $16.96 and $19.28. The coin is in a corrective move. LINK recently saw a one-week price drop of 6.46% but had a one-month rise of 22.49%. The six-month change is 14.95%. It’s near a support level of $15.76, with resistance at $20.42. With an RSI of 39.21, Stochastic at 37.79, and MACD at -0.11, prices are below the 100-day SMA of $18.14, indicating a potential stabilization zone.

🔸 Stellar (XLM) Price Overview: Eyes on Resistance Levels

Stellar (XLM) is trading between $0.10 and $0.11. Over the past week, XLM has dropped by 6.63%. For the past month, it’s down by 6.98%, and over six months, it has fallen by 17.50%. Indicators show a corrective move, with RSI at 37.74 and Stochastic at 9.96. If the support at $0.10 holds, a push to $0.11 could be next.

$MATIC $LINK $ATOM #XLM #LINK #ATOM #MATIC

🚀 JASMY Will Hit $17 According to JasmyCoin CFO and CEO, an Expectation for when JASMY Hits 107 Million Users

JasmyCoin CFO and CEOs share bullish expectations for JASMY price.They expect JASMY to hit $17 when the platform sees over 107 million users.This price is expected to be reached tentatively by 2026, JASMY remains bullish.

JasmyCoin continues its upward climb as more interest flocks to the project. The asset known as the Bitcoin of Japan began its journey in the far east and is slowly making its way to the west and the rest of the world.

JASMY’s CFO Hara San and CEO Ando & Sato say that as JASMY hits 107 million users then the price target for the altcoin will go up to $17. This is their expectation by 2026. As former SONY executives this is no small claim adding to the fact that it is likely a conservative one.

Jasmy for CFO Hara San & CEO’s Ando & Sato to say 107 million users price target $17 by 2026 for a Japanese former SONY executives to make that claim for them it would be a conservative one , we now learned Jasmy is not just going to take place in the Asian region ; it’s going… — TheDeacon

This statement paired with the latest JASMY and Apple partnership via Japan’s My Number Card has taken the world by storm. JASMY will soon enter iPhones starting next Spring to facilitate the identity feature likely affecting JASMY price in a bullish manner.

Just after the announcement about the Apple collaboration JASMY price shot up by 40% and the JASMY community has been bullish ever since. This much support and rapid adoption for JASMY points to the fact that when it does go live on iPhones the price spike could be explosive.

So far all price predictions have varied between $1, $5, and $10 for JASMY ranging before and after the Apple announcement. Now with JASMY leadership expecting a $17 high for JASMY the expectations for a high JASMY price will likely go further.

Presently, JASMY is on track to enter iPhones, perhaps soon other smart devices will become JASMY devices as speculated in the post above.

$JASMY #JASMY #JasmyCoin

📈 Binance Coin (BNB) Skyrockets to New All-Time High, Market Cap Bigger Than UBS, Starbucks

The native token of the world’s largest cryptocurrency exchange has somewhat been on the sidelines during the 2024 bull run, but has finally managed to emerge as a top performer by soaring past $700 and tapping a new all-time high.

Its market cap has gone on a tear as well, exceeding $100 billion and surpassing companies like UBS, Dell, Starbucks and others.

Binance has been in a legal spat in several jurisdictions, with the most recent and active one against Nigerian authorities. Local company execs were detained while the company is trying to free them, which is not going well for now.

However, the biggest blow against Binance came at the end of last year, when the exchange agreed to pay $4.3 billion in a settlement deal with the US Department of Justice without admitting guilt to failing to incorporate proper anti-money laundering rules.

Moreover, its founder and then-CEO, Changpeng Zhao, had to step down and was later convicted to spend several months in US prison.

Amid these regulatory issues, Binance Coin remained sluggish and failed to take the main stage as BTC did in March when it broke its 2021 all-time high or as ETH did a few weeks back when the US Securities and Exchange Commission approved spot Ethereum ETFs.

Additionally, the current bull run has been dominated by old and newly popping meme coins, so the focus has been far from BNB.

However, that started to change in the past day or so as the fourth-largest cryptocurrency skyrocketed by nearly $100 from $625 to a new all-time high of $715 market earlier today.

Despite retracing slightly since then, BNB still stands above $700 and its market cap is close to $110 billion.

As such, BNB has surpassed some giants of the traditional world like UBS, State Bank of India, Dell, Hitachi, Starbucks, and AirBNB in terms of market cap.

$BNB #BNB #BNBCrossing660

🦄 UNI soars nearly 23% following cryptic social media post

● UNI posted a 23% gain as investors await a potential bullish announcement from its mystery social media post.

● UNI had earlier suffered a decline after postponing its fee mechanism vote.

● UNI could see a correction following increased exchange net inflows after the price rise.

Uniswap's (UNI) price spiked on Tuesday after its cryptic social media post increased bullish sentiment among investors. The rise comes off the back of an earlier decline following the postponement of UNI's fee mechanism vote.

🔸 UNI recovers from decline with 23% surge

UNI skyrocketed nearly 23% after a cryptic post on X hinted at a key announcement, urging community members to "get ready for something super."

UNI had earlier declined more than 9% after postponing its fee mechanism vote, which was scheduled for May 31. Several community members who had accumulated UNI in anticipation of the event were left disappointed after the postponement.

As a result, it could have triggered selling pressure, especially from short-term holders aiming to speculate on UNI's potential rise after the vote.

The fee mechanism proposal aimed to distribute part of Uniswap's revenue to UNI token holders who have staked their tokens and delegated them for governance. Uniswap hoped the proposal would incentivize participation in governance and key protocol.

Many users expect the announcement to be a new date for the fee mechanism vote or a potential Uniswap v4 launch.

However, an X user speculated that the announcement could be the potential launch of an NFT mystery box collaboration between Uniswap and fashion NFT figure KidSuper.

💬 so everyone is expecting the uniswap announcement to be
- uni V4
- L2
- uni launching on ZK
-fee switch [1% chance]
this is obv not 100% confirmed, can still get liquidated shorting this — hyuk

If the announcement isn't as bullish as anticipated, UNI could see a correction in the coming hours, as exchanges have seen over 430.9K UNI net inflow in the past 24 hours.

$UNI #UNI #Uniswap

🐋 XRP Holds Steady at $0.51 Amidst Whales’ Moves: What’s Next?

● Binance observes a substantial withdrawal of 25.23 million XRP, valued at $13.16 million.

● The transfer to an undisclosed address raises questions about market sentiment and investor behavior.

● XRP stabilizes around $0.51 per token, historically a pivotal support level.

XRP has seemingly found stability around the $0.51 mark per token amidst notable movements by whales in the market.

Recent reports indicate that Binance has witnessed a substantial withdrawal of 25.23 million XRP, valued at approximately $13.16 million. This sizable transfer, shrouded in mystery as it was directed to an undisclosed address, has stirred curiosity among crypto enthusiasts.

Traditionally, such withdrawals from exchanges have been interpreted as bullish signals for the market. This trend suggests that significant investors may be acquiring digital assets on these platforms and subsequently transferring them to private wallets for secure storage.

However, the specifics of this recent transaction reveal intriguing details. The transfer, initiated by a specific address known as “rDAE53,” points to a destination wallet labeled “rfQ9,” which currently holds 4.167 million XRP. Interestingly, this destination address has been previously associated with withdrawals from Binance earlier in the year.

Moreover, the timing of this substantial XRP withdrawal aligns with notable price action for the cryptocurrency. Following a downward trend since May 21st, XRP has seemingly stabilized around the crucial support level of $0.51 per token. Historically, maintaining this price level has often preceded significant price upswings, while breaching it has led to substantial declines.

Based on CoinCodex’s latest analysis, projections indicate a potential upward trajectory for XRP’s price. Forecasts suggest a significant increase of approximately 20.78%, with the cryptocurrency poised to reach $0.638372 by July 4, 2024.

$XRP #XRP

⭕️ Bitcoin ‘Zombies’ Awaken: Dormant Coins Move For First Time In Years, What’s Going On?

According to recent data from on-chain analytics platform CryptoQuant, in recent weeks, the Bitcoin market has witnessed a fascinating phenomenon: long-dormant BTC, untouched in wallets for up to a decade, are suddenly springing into action.

This movement coincides with Bitcoin’s price once again reclaiming the $70,000 mark, a dynamic that has not only captured the attention of investors but also sparked analysis from on-chain analytics experts.

🔸 Revival Of The Sleeping Giants

The data revealed by CryptoQuant illuminates a surprising trend: on June 2 alone, roughly 2,800 BTC that had been idle for two to three years were transferred. The following day, a movement of 4,500 BTC, dormant for four to five years, outstripped this.

The activity didn’t stop there; even BTC that had not moved for over a decade—210 BTC, to be precise—changed hands. This phenomenon, referred to as “old coins moving” by a CryptoQuant author, Maartunn, suggests an “allocation” phase, where long-term holders begin to release their coins back into circulation.

Particularly, according to Maartunn, old coins moving indicates a potential shift from holding to “distribution,” a sign often seen in mature bull markets. This resurgence of old BTC is notable, as it aligns with historical price peaks, including BTC’s previous rally to a new peak in March.

💬 And another 2,123 $BTC with the same age.
Old coins moving, after old coins moving, after old coins moving. In other words, distribution. — Maartunn

🔸 A Signal Of Bullish Trends

The movement of these long-dormant coins is more than a mere statistic; it reflects a broader sentiment among Bitcoin holders.

According to another CryptoQuant contributor, Onchained, during bullish market phases, it is common for long-term holders to offload parts of their holdings as prices rise. This pattern is currently evident as Bitcoin continues to test major resistance levels.

#BTC #Bitcoin

🚀 BNB Bulls on the Rise: Will $750 Resistance Be Conquered?

● BNB’s potential breakthrough at $750 represents a significant milestone, indicating an upward trend in its valuation.

● Technical indicators, including the EMA 50-day and RSI, suggest a bullish sentiment and favorable outlook for BNB’s price.

● The sustainability of BNB’s upward trajectory hinges on the continuation of bullish momentum.

Should bullish momentum persist, BNB is primed to challenge its resistance level of $750. This potential breakthrough signifies a significant milestone for the cryptocurrency, indicating a possible upward trend in its valuation. 

Following a bullish streak in its initial months, BNB entered a consolidation phase, trading within the range of $660 to $750. This period was marked by notable fluctuations, highlighting the inherent volatility of the altcoin market.

A closer examination of BNB’s price analysis reveals intriguing insights. Technical indicators, such as the EMA 50-day, consistently provide support to the coin’s price chart, fostering a bullish sentiment in the 1D timeframe. Concurrently, the RSI demonstrates a notable uptick, reflecting increased buying pressure within the crypto sphere. These metrics, coupled with a steady rise in averages, suggest a favorable outlook for BNB’s valuation in the foreseeable future.

The pivotal question for investors revolves around the sustainability of BNB’s upward trajectory. Should the bullish momentum continue, the token is positioned to not only test but potentially surpass its resistance level of $750. Such a feat could pave the way for a retest of its all-time high (ATH) of $800, further validating its potential as a profitable investment.

However, amidst the backdrop of market unpredictability, there exists the looming possibility of a bearish reversal. In such a scenario, BNB may encounter downward pressure, potentially retracing towards its crucial support level of $600 in the weeks ahead.

$BNB #BNBCrossing660 #BNB