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😱🦈🦈5 Crypto Whales Are Aggressively Accumulating PEPE, LINK, and More A number of cryptocurrency "whales" have significantly increased their positions by buying a large number of #PEPE #LINK #UNI MKR and ENS. This feature was quite noticeable in the recent deals of large organizations during the operations on Binance. Market analysts and participants pay close attention to these movements, as they tend to precede large price changes and can signal overall market sentiment. One notable transaction involved an anonymous investor identified only by the wallet address "0X1A2E". This investor moved a remarkable 2.78 billion PEPE from Binance, amounting to about $ 322.48 million. This move signals that PEPE has taken a strong and bullish stance and will gain potential value in the future. The timing and scale of this transaction may be an indicator of insider confidence in the asset's performance. Moreover, “aavebank.another important actor using the pseudonym ”eth" was involved. This investor withdrew large amounts of money from Binance in just six hours. The assets consisted of 500,000 UNI ($3.75 million), 183,799 LINK ($2.62 million), 1 71 MKR ($500,000) and 31,139 ENS ($483,000). This kind of hybrid portfolio withdrawal means strategic investment in different crypto assets. Market Whales Are Betting On the Valuation of Crypto Value The withdrawal of a significant amount of cryptocurrency by whales can create a material liquidity shortage and destabilize prices. These investors can increase the price if demand remains stable or increases with a decrease in supply on the stock exchanges. Indeed, the actions of whales are often perceived by these large whale owners as signals of long-term value. The withdrawal of many assets from the stock exchanges shows that these whales expect positive results from the assets they hold. They seem to be trying to take a long-term approach instead of short-term profits. These withdrawals symbolize their confidence in the continued appreciation of the value of these cryptocurrencies. #binance

😱🦈🦈5 Crypto Whales Are Aggressively Accumulating PEPE, LINK, and More

A number of cryptocurrency "whales" have significantly increased their positions by buying a large number of #PEPE #LINK #UNI MKR and ENS. This feature was quite noticeable in the recent deals of large organizations during the operations on Binance. Market analysts and participants pay close attention to these movements, as they tend to precede large price changes and can signal overall market sentiment.

One notable transaction involved an anonymous investor identified only by the wallet address "0X1A2E". This investor moved a remarkable 2.78 billion PEPE from Binance, amounting to about $ 322.48 million. This move signals that PEPE has taken a strong and bullish stance and will gain potential value in the future. The timing and scale of this transaction may be an indicator of insider confidence in the asset's performance.

Moreover, “aavebank.another important actor using the pseudonym ”eth" was involved. This investor withdrew large amounts of money from Binance in just six hours. The assets consisted of 500,000 UNI ($3.75 million), 183,799 LINK ($2.62 million), 1 71 MKR ($500,000) and 31,139 ENS ($483,000). This kind of hybrid portfolio withdrawal means strategic investment in different crypto assets.

Market Whales Are Betting On the Valuation of Crypto Value

The withdrawal of a significant amount of cryptocurrency by whales can create a material liquidity shortage and destabilize prices. These investors can increase the price if demand remains stable or increases with a decrease in supply on the stock exchanges. Indeed, the actions of whales are often perceived by these large whale owners as signals of long-term value.

The withdrawal of many assets from the stock exchanges shows that these whales expect positive results from the assets they hold. They seem to be trying to take a long-term approach instead of short-term profits. These withdrawals symbolize their confidence in the continued appreciation of the value of these cryptocurrencies.

#binance

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😱🫨Cardano Creator Says Joe Biden Is Trying to 'Kill Crypto' A fight over a non-binding resolution passed in the US House of Representatives has turned into a broader battle, pitting the crypto industry against the Biden administration. ”The Biden administration has made a coordinated effort to kill crypto," #Cardano creator #charleshoskinson wrote on Twitter. Yesterday, the White House said the US President. #JoeBiden ,H.J. Res., who demanded that the Securities and Exchange Commission (SEC) withdraw a staff newsletter related to digital asset retention accounting. he would veto resolution 109. The resolution won a bipartisan vote of 229-193, Decrying the Sec's views as impeding American innovation in the digital asset space. Hoskinson declared the move only the latest in what he called "Operation Chokepoint 2.0."" ”This November, if you vote for Joe Biden as a cryptocurrency holder, please understand that the goal of this administration is to destroy the American cryptocurrency industry," he said in a Twitter livestream late Wednesday. "Understand this. It's obvious.” The White House argued that the decision would harm the Sec's efforts to protect investors in crypto markets and protect the broader financial system. But crypto enthusiasts don't see it that way - and many believe that former president Donald Trump will be a better option in the November elections. ”The [Trump] administration has had problems, but for the most part it has ignored our industry," Hoskinson said. "The executive is tone deaf and continues to pursue the same policy, which has cost tens of thousands if not hundreds of thousands of American jobs, as well as the loss of a trillion-dollar industry," Hoskinson said. #binance #BTC
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🫨🔥Elon Musk Enables Dogecoin (DOGE) Payment For Tesla, Is DOGE Integration Imminent for X Too? #elonMusk has strongly supported DOGE for several years, dating back to his first tweet about the token in 2019. Since then, Musk has made multiple moves to incorporate DOGE into his various business ventures. Most recently, he has enabled #DOGE as a form of payment for #Tesla merchandise and is securing payment licenses for his social media platform, X. These moves signal that Musk is intent on providing DOGE payments on X, which could have a huge impact on the cryptocurrency industry In early May 2024, Musk and Tesla quietly enabled DOGE payments on the Tesla website. The new feature came after Musk visited the Berlin gigafactory, where he was asked about enabling DOGE payments. "We should enable that," Musk responded. Tesla customers can now send DOGE to the Tesla wallet in exchange for merchandise. Though Tesla did not formally announce the change, DOGE enthusiasts were quick to spot it and the price of DOGE rallied more than 20% in the following days. Additionally, Musk and X have been acquiring payment licenses in U.S. states. At the time of this report, they hold 25 licenses, and the count is growing monthly. These licenses are necessary for enabling peer-to-peer (P2P) payments, similar to how Venmo and Cash App operate. Also, an interesting anecdote from Musk's biography notes that he had dreamed of offering DOGE as a form of payment on a social media platform long before he even acquired X. So, the money transmitter licenses could indicate that the X team is moving closer toward DOGE payments on the platform. This idea was furthered by a retweet from Musk that had a picture of the old X.com logo next to the current X.com logo with the caption "The Everything App." The post was originally tweeted by a DogeDesigner on X. The account says that they work for DOGE, doing UX/UI design. Musk commented on the retweet saying, "The circle will be complete." The post currently has over 65 million views and 126,000 likes. #memecoins #binance
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🐸🐸🐸Pepe Mid-May Price Forecast: Will Zero Be Deleted This Month? Pepe, one of the most iconic internet memes that turned into cryptocurrency, has been trending on CoinMarketCap recently by charting the price path. The token has been the center of global interest and activity since its launch and has adopted the bullish market flow to surpass new price levels. According to Coinmarket, the token is at the highest level in the index, outperforming its contemporaries. The token is currently trading at $0.00000781, up 7% in the last week. However, the constant question still remains valid: will #PEPE be able to reach a new price peak by lowering the zero this time? Pepe Mid-May Forecast: What's the Situation? Launched as a tribute to the PEPE the Frog internet meme, the token has come a long way since its launch in 2023. The frog-inspired meme token broke many records after its launch, skyrocketed to new price levels, and then created several millionaires. According to COINCODEX, the token could increase by up to 70% by May 20 and trade at $0.00001297. Pepe is expected to increase by 200% by the end of May 2024 and reach a price level of $ 0.00002635 It is estimated that the Pepe Coin price will increase by 229.30% and reach $ 0.00002635 by June 7, 2024. According to our technical indicators, the current expectation is bullish, while the Fear and Greed Index shows 64 (greed). Pepe Coin has recorded 18/30 (60%) green days with a price fluctuation of 16.50% in the last 30 days.” Pepe 2024 Price Forecast According to COINCODEX, the frog-themed token is aggressively moving towards its goal and is moving forward to create a new price peak. The token could increase by up to 300% by the end of 2024 and trade at a staggering $0.00003797. "Pepe Coin is expected to trade in the December range of $0.08001 to $0.00003797. If it reaches the upper price target, PEPE can increase by 381.67% and reach $ 0.00003797.” #PEPEUSDT #binance #memecoins
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🫨💥Shiba Inu: If 50 Trillion SHIBs Are Burned Every Year, Could SHIB Reach $0.1? #ShibaInu (#SHIB ) is one of the most popular cryptocurrencies on the market. The asset turned many early investors into multimillionaires. Since its launch in August 2020, the price of SHIB has increased by millions of percent. However, the popular dog-themed cryptocurrency has had a difficult time gaining momentum after its peak in 2021. One of the main obstacles to the price of SHIB is the large supply. There are about 589 trillion SHIB tokens in circulation. If the price of the asset rises too much, the market value of the project becomes too large to be realistic. Therefore, the project needs to reduce its supply in order to be able to target higher prices. Despite the fact that Shiba Inu (SHIB) is a burning portal, it does not burn as many tokens as necessary to achieve higher prices. However, 2 of the SHIB. with the launch of the layer network Shibarium, there is a lot of talk about the increase of burns. Shiba Inu: What Happens If 50 Trillion SHIB Tokens Are Burned Every Year? If Shiba Inu (SHIB) burns 50 trillion tokens a year, it can eliminate 90% of the tokens in circulation in a few years. The asset will have about 49 trillion tokens in circulation on the market. This can only help SHIB to reach a price point of about US$0.0001 to US$0.0003 Dec. In addition, SHIB's chief developer Shytoshi Kusama said that the burns alone will not raise the price of the asset. The asset also requires an increase in demand. Low supply and high demand are the trick to raising prices. However, although this task is difficult, it is not impossible. Shiba Inu (SHIB) has come a long way in its two and a half year history. It's a young project that still has a lot of room to grow. On the other hand, SHIB's competitor Dogecoin (DOGE) has been on the market for more than a decade. #memecoins #binance
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🔥💥VanEck launches MarketVector “MEMECOIN” index to track BONK, FLOKI, DOGE, PEPE, WIF and SHIB tokens VanEck enters the memecoin space with a special tracking index VanEck entered the meme coin arena with an index to track how the best performing Bonk Inu (#BONK ), #Floki Inu (FLOKI) and Dogecoin (#DOGE ) performed against the worst performing Pepe (PEPE), Dogwifhat (WIF) and Shiba Inu (SHIB). Vaneck's MarketVector meme coin index MEMECOIN, popular for its HODL etf, tracks how the industry's six bigwigs are performing on market cap metrics. This weighted methodology will allow the business selection to be measured based on market value parameters. As a risk diversification strategy, the weights of the relevant coins will be limited to 30%. DOGE (30.64%) and SHIB (28.01%) lead the weight of the index. PEPE (14.18%), WIF (13.29%), FLOKI (7.17%) and BONK (6.21%) also took part. Aware that meme coins are a global bombardment point for speculative liquidity, the asset manager issued a disclaimer that “The coins are for entertainment purposes.” This underlines the volatility of the sector and the ease of price fluctuations based on market sentiment. Because of this quality, some believe that cat-themed tokens may soon enter the index. However, Vaneck's MEMECOIN index in itself is an indicator that meme coins are gaining recognition and acceptance in the space. During Token 2049, Tron founder Justin Sun discussed meme coins. In a follow-up post about X, he said, “Meme coins may seem unusual, but they highlight the power of community in crypto.” The sector is steadily turning into a real bona fide cryptocurrency Apr niche on its own. Avalanche Foundation's plans to start investing in the sector's tokens at the end of 2023 have reinforced this rise. #pepe #SHIB
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