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⭐️ How meme coin sniping works Friends, hello everyone. I see your strong interest in meme coins, so let's understand more about the field of sniping. Let's go! 📑 Sniping is an attempt to frontrun (pre-purchase) any coin. It is extremely profitable, but at the same time dangerous and unpredictable type of earning. For example, I have a contract of a coin that has not yet been released to open trade. I naturally want to buy it first at the lowest price. But my counterparty does not know the contract of this coin. He's sitting in X waiting for the announcement when I already have everything. By making a frontrunner I can use a bot to automatically buy the coin.  🐸 By making a frontrunner I can use a bot to automatically buy the coin as soon as it becomes available (literally in a second) and then sell it to the counterparty who will start buying it manually 1 minute after me. All the snipers work is done through the bot. There are specific bots for each blockchain. Personally, we are trading on the Solana blockchain right now. #meme #memecoins #memecoin🚀🚀🚀

⭐️ How meme coin sniping works

Friends, hello everyone. I see your strong interest in meme coins, so let's understand more about the field of sniping. Let's go!

📑 Sniping is an attempt to frontrun (pre-purchase) any coin. It is extremely profitable, but at the same time dangerous and unpredictable type of earning.

For example, I have a contract of a coin that has not yet been

released to open trade. I naturally want to buy it first at the lowest price.

But my counterparty does not know the contract of this coin. He's sitting in X waiting for the announcement when I already have everything. By making a frontrunner I can use a bot to automatically buy the coin. 

🐸 By making a frontrunner I can use a bot to automatically buy the coin as soon as it becomes available (literally in a second) and then sell it to the counterparty who will start buying it manually 1 minute after me.

All the snipers work is done through the bot. There are specific bots for each blockchain. Personally, we are trading on the Solana blockchain right now.

#meme #memecoins #memecoin🚀🚀🚀

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⚠️ Solana (SOL) Skyrockets 1,966% in Fund Flows: Is Solana ETF Possibility? As became known, Solana (SOL) has experienced an unprecedented surge of 1,966% in fund inflows in the past week, firmly establishing itself as a standout leader in alternative cryptocurrency-focused investment products over the past week. According to the latest report from CoinShares, a substantial $5.9 million was directed toward SOL-related products within this short time frame. This surge not only reaffirms SOL's dominance but also marks a nearly twenty-fold increase in inflows into Solana ETPs, totaling an impressive $17 million since the beginning of the year. Contrary to this notable uptrend in SOL, the broader market landscape paints a different picture. While investment products for digital assets witnessed a commendable $130 million inflow, volumes for ETPs experienced a significant decline, dropping from April's $17 billion to $8 billion. 🔸 When Solana ETF? Amid growing interest from traditional investors in SOL, speculation arises regarding the feasibility of a Solana ETF. However, the potential for such an ETF is closely tied to the fate of the Ethereum ETF. With it facing regulatory obstacles, the path to a Solana ETF appears equally challenging. Notably, regulatory ambiguity surrounds Ethereum ETF status, with the SEC's classification of SOL as an unregistered security in last year's case against the Kraken exchange adding to the uncertainty. As investors await clarity on the ETF front, the prospect of a Solana ETF remains speculative, contingent upon regulatory developments and the resolution of Ethereum's ETF dilemma. $SOL #SOL
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📉 Polygon (MATIC) May Witness Further Downside as Demand Declines Polygon (MATIC) is at risk of extending its losses as demand for the altcoin continues to fall among market participants. If bearish pressure mounts, MATIC is expected to continue its ongoing downtrend, which might send it below $0.65. 🔸 Polygon Battles Low Demand MATIC trades at $0.67 at the time of writing, logging a 13% price decline in the last month. The drop in the price of the altcoin is due to the steady fall in demand in the past few weeks. Assessed using a 30-day moving average, the count of the daily active addresses that have completed at least one MATIC transaction has trended downward since April 20. As of May 12, this was 356,000, representing a 16% decline in the number of addresses involved in MATIC transactions in the month. The period under review has also been marked by a decrease in the demand for MATIC. MATIC’s Network Growth, which tracks the daily number of new addresses created to trade MATIC, has declined since April 20. Between April 20 and May 12, new demand for MATIC dropped by 15%. When an asset’s network activity declines in this manner, it means that fewer market participants are buying and selling the asset, resulting in less trading volume. With fewer traders in the market, the market becomes less liquid, putting bearish pressure on the asset’s price. 🔸 MATIC Price Prediction: More Losses for Holders? MATIC’s Relative Strength Index (RSI), which sat below the neutral line of 50.0 at the time of writing, signaled that market participants favored token distribution over accumulation. This indicator is a momentum oscillator that measures the speed and change of price movements. It typically ranges from 0 to 100, with levels above 70 indicating overbought conditions and below 30 signaling oversold conditions. At 39 and in a downtrend, MATIC’s RSI shows that selling activity outpaced buying activity as demand for the altcoin continues to plummet. $MATIC #MATIC
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📈 Pepe Coin Price: Upsurge In Whale Activity Props PEPE For $0.000013 In May? The meme coin craze carries on even as Bitcoin and major altcoins like Ethereum, Binance Coin, Solana, and more battle to find direction. As discussed earlier, Shiba Inu price analysis revealed that meme coins are likely to get more attention, especially from traders searching for alternative assets to avoid the lethargic overall price action in the market. Pepe Coin price prediction, for instance, portrays the potential to uphold the uptrend targeting a new record high. 🔸 What’s Next As PEPE Surges In Double-Digits Pepe Coin stands out as one of the trending cryptocurrencies on CoinMarketCap on Monday. Its value increased by more than 11% in 24 hours to trade at $0.0000972 during US business hours. The uptick in price was accompanied by a notable increase in the trading volume by 142% to $1.06 billion, propelling PEPE into the top ten most traded coins. A subsequent surge in the overall market value by 10% to $4.08 billion reinforced the tight bullish grip. This analysis seeks to assess PEPE’s technical and fundamental structure amid the hope for a breakout to $0.000013 in May. Altcoins, especially those known for being highly volatile are likely to stage price movements during this time as Bitcoin consolidates. While such movements could be limited within key ranges, they indicate the potential for increased value growth in the coming weeks. 🔸 Pepe Coin Price Prediction: How To Navigate PEPE’s Volatility Therefore, the ongoing surge in Pepe Coin has the potential to reach the highest level in Q1 of $0.00001083. Note that the frog-themed token holds above several key levels, starting with the 200-day Exponential Moving Average (EMA) at $0.000004437, the 50-day EMA at $0.0000072 and the 20-day EMA at $0.00000801. Sitting above bull market indicators as observed signals the potential to uphold the uptrend. $PEPE #PEPE #memecoin
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📊 Binance trading volumes spike 72% despite market decline 🔸 In April, derivatives trading volume on the largest exchanges decreased by 1.4% month-on-month. However, futures trading volumes on Binance, the largest centralized exchange (CEX), rose more than 72% in April compared to March. According to the Wu Blockchain team, the sharp increase in trading volume is due to Binance introducing a time-limited fee discount for USDC perpetual contracts, which led to a rise in trading volume for perpetual agreements. However, excluding this, the total trading volume in April decreased by 26.6% compared to the previous month. The three largest declines in futures trading volumes were the exchanges Bitget at 16.1%, Crypto.com at 15.6%, and HTX at a 13.4% decline. Spot trading volume fell even further, down nearly 38% month-on-month. Of all exchanges, Gate was the only one to see an uptick in activity at 13.7%. The exchanges that took the biggest hits were Kucoin at 70.8%, Upbit with a 57.5% decline, and Bitfinex with a 47.7% decrease. In early April, Binance Futures introduced a trading fee discount for all USDC-margined perpetual contracts. During the promotion, all Binance users received discounts when trading any USDC-margined perpetual contracts. The promotion began shortly after Binance founder Changpeng Zhao was sentenced to four months in prison due to violating the Bank Secrecy Act, and the exchange was fined $4.4 billion as a result. 🔸 Zhao pleaded guilty and made a deal with the investigation, resigning as CEO of Binance and agreeing to pay a $50 million fine. #binance #bnb $BNB
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🔥 Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days Over the previous 68 days, since March 5, 2024, Ethereum’s transaction fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction.This move is similar to Bitcoin’s on-chain fees, which have also recently seen a significant decline.  🔸 Declining Ethereum Fees: A 68-Day Overview Transacting on the Ethereum blockchain has become significantly more affordable this week, with the average cost now at approximately 0.00065 ETH, or $1.91 per transaction, as reported by bitinfocharts.com.  Additionally, executing a basic ETH transfer currently costs between 4 and 7 gwei, or $0.18 to $0.37 per transfer, according to data collected by etherscan.io’s gas tracker. This weekend, engaging in a decentralized exchange (dex) swap on Ethereum can cost an estimated $4.16 and $7.28, while conducting an NFT sale may range from $7.03 to $12.31.  Over the last 50 days, Ethereum has averaged just over one million transactions daily. The busiest day was March 22, 2024, recording 1.324 million transactions, while the slowest was April 4, 2024, with 1.091 million transactions.  The average daily transaction count over this period stands at approximately 1.212 million. 🔸 Inflationary Ether and $12.5 Billion Ethereum Burned According to figures from ultrasound.money, Ethereum is currently experiencing an inflation rate of 0.895% annually.  However, had Ethereum not shifted from a proof-of-work (PoW) system to a proof-of-stake (PoS) framework, the annual issuance rate under PoW would have been 3.923%. On top of the issuance rate, it has been 1,010 days since the London fork on August 5, 2021. The London upgrade essentially introduced the Ethereum Improvement Proposal (EIP)-1559.  This amendment changed the gas fee structure from a first-price auction model to a more stable base fee that is burned, eliminating it from circulation forever. Since this implementation, 4.29 million ETH, valued at $12.51 billion, has been burned to date.  $ETH #ETH #Ethereum
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