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BONK flips FLOKI, rises 103% – More gains coming ! #BinanceLaunchpool #bitcoinhalving #Memecoins #BullorBear #Memecoins BONK [BONK] witnessed a massive surge in interest over the last few weeks, causing it to flip Floki Inu [FLOKI] in terms of market cap. Since testing the resistance levels of $0.00001934 on the 14th of April, the price of BONK almost doubled and surged by 103%.In the month of March, the price of BONK had exhibited a double top pattern before witnessing a decline in terms of price.After this, the price of BONK continued to fall and showcased multiple lower lows and lower highs. This was indicative of a bearish trend that had emerged.Despite these factors, BONK was able to accumulate a large bullish momentum, causing a surge in price which was enough to break past the initially established lower lows.Even though the trend wasn’t completely reversed it seemed more likely that BONK may be able to push past the $0.00002946 level in the future. If BONK does succeed in doing so, it could target the $0.00003654 level going forward.However, at the time of writing, the CMF(Chaikin Money Flow) for BONK had declined significantly in the last few days and had dropped to the -0.17 levels. This meant that the money flow for BONK had significantly fallen in the last few days, which could be attributed to some holders indulging in profit-taking.The RSI(Relative Strength Index) for BONK had also fallen during to 47.68 in the last few days. So, momentum towards BONK had turned neutral at press time, which could suggest some sideways movement The social volume around BONK had also grown significantly in the last few days, suggesting that its popularity across social media platforms had grown. However, the Weighted Sentiment around the token had declined, which could mean that negative comments were outnumbering the positive ones at the time of writing. FLOKI on the other hand, witnessed a decline in social volume compared to BONK and also observed a large decline in weighted sentiment. At press time, FLOKI was trading at $0.0001689 and had fallen by 6.58%
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WORLDCOIN AIMS FOR TECH PARTNERSHIPS DESPITE REGULATORY STRUGGLES !! #BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Tools for Humanity, the company behind Worldcoin, doesn’t shy away from its critics. The main concern regarding regulation and privacy is the company’s quest to register as many as possible to get the digital tokens through iris scan. Worldcoin central operation, aims to interact with leading partners in tech world space like OpenAI a company that is leading in artificial intelligence and it also possesses a famous ChatGPT application. Alex Blania, CEO of Tools for Humanity, claims that some of the methods of cooperation are being worked out. Blania stated that nothing has been revealed so far, but there are some natural things about how they might and will work together. Along with the exposure of Altman as the OpenAI chief, this could be one of the Blania hypotheses for the emerging importance of the project to people. As for the problems mentioned, he said they were not of great concern. He pointed out that the company had been granted the go-ahead to consult regulators on the matter, hence its viability. To respond to the negative feedback from the Spanish and Portuguese regulators, who said that the organization was against the child privacy laws by allowing children to be listed on the database, Worldcoin implemented a self ID verification method,Blania pointed out the need for complying adding that the company is making some adjustments to make sure all its regulatory requirements are fulfilled. This is very crucial given that it still continues with their global expansion plans, which include offering the iris-scanning orb in different colors and launching the orb worldwide as well.The company is moving beyond branding and expanding its product suite. It is planning a layer-2 blockchain called World Chain, which Blania thinks is a less politically charged phrase. Furthermore, the current iris-scanning orb is described as a prototype, with Blania revealing plans for upgrades.
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MATIC Price Revival Chances Decline With Continuous Dip: Sell or HODL ? #BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC MATIC, a popular token launched by the Polygon network, has been continuously declining, breaking the investor’s expectations. There was a time when it was among the top ten best-performing cryptocurrencies on CoinmarketCap, but its recent MATIC price defeats have shifted the token to the 18th position. This is the state of the Polygon network token, where the network has been known for its faster transactions and cheaper gas rate. MATIC’s performance over the last years has continuously disappointed the traders as no positive growth has happened. The MATIC price has reduced by 30% this month, and the same is for the year, with a few minor peaks in between. In the last few hours, MATIC has declined almost 4% and is currently trading around $0.701 with a market capitalization of $6,939,275,403 after a drop of 4.66%. This declining nature has been continuously pushing MATIC’s position in the market, and in continuation, the token will be out of the top 20 cryptocurrencies as well. MATIC had a decent surge in March, where the price rose to a year-high of $1.2714. A similar surge might be expected if the token could break breakout to $0.77 or more. However, the continuous dip has been restricting it for days now. The breakout also seems contradictory for now, as the crypto market isn’t on its best performance. The global crypto market cap is resting at $2.31 Trillion, with a 24-hour trading volume of %57.19 Billion. As the fear and greed index has reported a neutral zone, MATIC charts are moving sideways with no improvement. This is because the buying and selling pressure is balanced, providing no benefits to any side. Despite the current falls, MATIC has a history of performing well in the market. The token has gained quite a community over the years, supporting its value for years, even in losses. Presently, 410,564,568 addresses have been holding the MATIC token, which is still decent after its continuous falls.
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Cardano price prediction: $0.50 is near, but bears can pull ADA down to… #BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Cardano has a bearish market structure after recently slipping below $0.45. The imbalance immediately overhead could rebuff the buyers’ attempts at recovery. Cardano [ADA] saw its DeFi and NFT sectors decline in value last month. User activity was also in a downtrend alongside the price of ADA. The token formed a range between the $0.45 and$0.685 levels.The Cardano price prediction from AMBCrypto was bearishly biased. There is a good chance of a short-term range formation over the next week or two around the $0.5 mark.Until $0.568 is flipped to support, the bulls have little power in the market.On the one-day chart, the range formation of the past five months was evident. The chances of ADA trending higher in Q2 2024 were shot down when the price fell below the critical $0.568 support level. This is the same level that marks the mid-range value. At press time, the price was near the range lows once again after facing rejection at the imbalance (white zone).The RSI has been below neutral 50 for nearly six weeks now.It indicated firm downward momentum. Additionally, the OBV also slipped below a key support level (dotted white) and signaled strong selling pressure.Taking these factors together, the Cardano price prediction is more downside, with $0.4 likely to be a key demand zone.The liquidation heatmap showed that the $0.483 and $0.527 were the next areas of interest. Now that the liquidity at $0.45 was taken, a move toward the $0.5-$0.52 region appeared likely. To the south, the $0.41 level also possessed a considerable concentration of liquidation levels. Therefore, the $0.41-$0.51 levels would likely be the ones within which Cardano is likely to trade this week.
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Chainlink & Terra Investors Zone in on Fezoo Exchange Presale, Eyeing High-Yield Opportunities Amidst Shifts !! #BinanceLaunchpool #bitcoinhalving #BullorBear #Memecoins #BTC Traditional investors and cryptocurrency traders seek new experiences and opportunities that offer better gains and user-friendly interfaces. Investors in Chainlink and Terra are closely monitoring the ongoing Fezoo exchange presale. They anticipate leveraging high-yield opportunities as market dynamics evolve. Chainlink: Advancing the DeFi Movement In recent years, Chainlink’s popularity has increased dramatically. The company that provides DeFi protocol and smart contracts is interested in crypto ecosystem solutions. Despite not being a trade token, its function in the DeFi market has encouraged investors to look into alternative cryptocurrency investment opportunities outside the DeFi space. Chainlink is a key player in the decentralized finance ecosystem. It has a market value of over $9 billion and a daily trade volume of over $300 million. At $14.83, it has decreased by 2.3% in the last 24 hours. Some analysts are predicting a very high price target for Chainlink, with estimates reaching $120. However, for investors seeking assets with a potential 10x return on their investment, even this ambitious target might be difficult to achieve. Chainlink is still a long-term project, so investors must exercise some patience Following the collapse of LUNA and TerraUSD, the Terra ecosystem saw difficulties. Its perseverance nevertheless resulted in a revitalized vision and the resuscitation of its native emblem. Its blockchain-based payment system enables developers to create decentralized applications for reliable and easy-to-use payment interfaces, but it remains a disruptive force in cryptocurrency With $32 million in daily trading volume, Terra has a $487 billion market capitalization. At $0.6425, its price currently reflects a 4.8% decrease in the last 24 hours. However, Terra remains a key player in the cryptocurrency industry as it continues to attract many traditional investors
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