Search
Home Blog Page 4

Is It Too Past due To Purchase TON? Toncoin Value Is Most sensible gainer On Crypto Bubbles After 20% Pump Amid Catizen GameFi Enlargement And This Would possibly Be The Subsequent Crypto To Explode

Peter
-
0
Is It Too Past due To Purchase TON? Toncoin Value Is Most sensible gainer On Crypto Bubbles After 20% Pump Amid Catizen GameFi Enlargement And This Would possibly Be The Subsequent Crypto To Explode


Join Our Telegram channel to stay up to date on breaking news coverage

The Toncoin price has surged 20% in the past 24 hours to trade for $7.2793 as of 08:23 a.m. EST on trading volume that skyrocketed 210%.

It comes amid hype around the Catizen GameFi expansion after an announcement from Fanton. Based on a post on X, Fanton, a P2E-game, and Catizen, a cat-themed metaverse, are coming together in a collaboration that will benefit TON.

With this surge, TON has earned a place on Crypto Bubbles’ top gainers’ list. It is also at the helm of WEEX crypto futures trading platform’s list of top gainers.

From a technical perspective, the Toncoin price is primed for more gains as buyer momentum continues to grow. The volume profile shows large spikes in the nodes, pointing to strong bullish sentiment in the TON market.

The Relative Strength Index (RSI) also shows higher lows, suggesting rising buying momentum. In the same way, the Moving Average Convergence Divergence (MACD) is also treading above the orange band of the signal line. This, coupled with the green histograms of the MACD in positive territory solidifies the uptrend for the Toncoin price.

Increased buying pressure above current levels could see the Toncoin price reclaim the $7.8556 range high. This level was last tested on April 11.

Toncoin

GeckoTerminal: TON/USDT 1-day chart

Converse Case

On the flip side, if profit taking becomes the order of the day, the Toncoin price could drop. A loss of the 61.8% critical Fibonacci retracement level as support would be detrimental. However, for the bullish thesis to be invalidated, the bears must haul the TON price below $4.5848. Besides producing a lower low, such a move would also confirm a reversal of the trend.

Traders looking to take short positions on TON may want to consider waiting for a candlestick close below this level.

While the TON train looks to have already left the station, Mega Dice token DICE is just getting started. Crypto YouTuber Michael Wrubel explains why he is bullish on the project, adding that it could be the next big thing as it offers a remarkable revenue sharing opportunity.

Promising Alternative To Toncoin

DICE is a new token on the Mega Dice ecosystem, serving as the utility token for the platform to enable users to access premium content. It also provides holders with exclusive benefits, including staking rewards, NFTs, revenue share, referral bonuses, and airdrops.

A rapidly growing global crypto casino brand, Mega Dice boasts upwards of 50K players who wager more than $50 million every month.

Advertising itself as a veteran in the casino landscape, the project focuses on growth and adding value to players. This is best seen in the introduction of $DICE, the new, leading GameFi token on the Solana blockchain.

Mega Dice’s DICE token runs on the Solana network, which makes SOL the preferred currency for the presale. The project also accepts Ethereum (ETH) and Binance Chain (BNB), which ensures accessibility for most crypto investors.

Mega Dice Casino also accepts TON for both website and Telegram casino transactions. TON stands out for its reliability, eco-friendly nature, and lightning-fast transactions.

Following the presale, Mega Dice will distribute the tokens to investors simultaneously with the initial exchange listing. This listing will take place on a decentralized exchange supporting SOL tokens, such as Jupiter or Raydium.

Buy Mega Dice In The Presale

More than 13.538 million DICE tokens have been snapped up so far for a total that’s fast approaching $1 million.

Mega Dice

Each DICE token is currently selling for $0.069.

Visit the official Mega Dice website and buy DICE here.

Also Read:

Mega Dice – Newest GambleFi Token

Mega Dice
  • Established Crypto Betting Brand
  • Featured In Cointelegraph – First Licensed Telegram Casino
  • Presale Live Now – megadicetoken.com

Mega Dice


Join Our Telegram channel to stay up to date on breaking news coverage



Bitcoin Value Caught In Key Vary, What May Spark Main Transfer?

Peter
-
0
Bitcoin Value Caught In Key Vary, What May Spark Main Transfer?


Bitcoin price managed to stay above the $60,000 support. BTC recovered and is now facing hurdles near the $63,500 resistance zone.

  • Bitcoin seems to be trading in a range between $60,000 and $63,500.
  • The price is trading above $61,800 and the 100 hourly Simple moving average.
  • There was a break above a major bearish trend line with resistance at $61,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could rally if it clears $63,500 or might revisit the range support at $60,000.

Bitcoin Price Trims Gains

Bitcoin price extended its decline below the $60,800 support zone. However, the bulls were active above the $60,000 support zone. A low was formed at $60,220 and the price started a recovery wave.

There was a move above the $61,000 and $61,200 levels. Besides, there was a break above a major bearish trend line with resistance at $61,400 on the hourly chart of the BTC/USD pair. The pair rallied and revisited the main hurdle at $63,500.

A high was formed at $63,400 and the price is now consolidating gains. It traded below the 23.6% Fib retracement level of the upward move from the $60,220 swing low to the $63,400 high.

Bitcoin is still trading above $62,000 and the 100 hourly Simple moving average. Immediate resistance is near the $62,800 level. The first major resistance could be $63,000. The next key resistance could be $63,500. A clear move above the $63,200 resistance might send the price higher.

Bitcoin Price

Source: BTCUSD on TradingView.com

The main resistance now sits at $63,500. If there is a close above the $63,500 resistance zone, the price could continue to move up. In the stated case, the price could rise toward $65,000.

Another Decline In BTC?

If Bitcoin fails to climb above the $63,200 resistance zone, it could start another decline. Immediate support on the downside is near the $62,200 level.

The first major support is $61,800 or the 50% Fib retracement level of the upward move from the $60,220 swing low to the $63,400 high. If there is a close below $61,800, the price could start to drop toward $61,200. Any more losses might send the price toward the $60,250 support zone in the near term.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level.

Major Support Levels – $61,800, followed by $61,200.

Major Resistance Levels – $63,200, $63,500, and $65,000.

Is It Too Overdue To Purchase WIF? WIF On ETH Worth Soars 43,887% As Analysts Say This May Be The Subsequent Meme Coin To Explode

Peter
-
0
Is It Too Overdue To Purchase WIF? WIF On ETH Worth Soars 43,887% As Analysts Say This May Be The Subsequent Meme Coin To Explode


Join Our Telegram channel to stay up to date on breaking news coverage

The WIF On ETH price has surged 43,887% in the last 24 hours to trade at $0.002913 as of 7:10 a.m. EST and is trending in second place on Dextools.io.

WIF On ETH Price Trades Within The Rising Channel

The WIF price shows a battle between the bulls and bears trying to control it, resulting in a rising channel pattern. This pattern suggests strong buying pressure.

WIF On ETH price

WIFUSD Analysis. Source: Dextools.io

Despite the bears’ recent correction, the bulls are poised to drive the price higher and push it above the $0.003508 all-time high, indicating a bullish trend reversal on the lower trendline of the rising channel.

Moreover, the price currently trades above the 50 and 200 simple moving averages (SMA), indicating support for the WIF’s upward trajectory and reinforcing general bullish market sentiment.

The MACD line is above the signal line, and a green histogram indicates growing investor interest. 

Moreover, the Relative Strength Index (RSI) indicates a rebound from the midline level of 50, indicating strong buying pressure for the WIF price.

WIF price bulls are determined to push the price above the rising channel, offering the bulls the opportunity to fly the price from the $0.001813 support zone. This sustained increase in its price suggests it might hit a new high soon, marking a significant recovery.

Conversely, if the bears continue the downturn, a slip below the rising channel could drive the price to the $0.0008847 support level.

The Next 100X Opportunity?

Meanwhile, some analysts say WienerAI, a new dog-themed meme coin with AI features, might be the next meme coin to explode. It has already raised over $1.6 million in its presale as investors are drawn to its combination of two of the hottest niches in crypto: meme coins and AI.

WienerAI is one of the few new meme coins that includes an AI element, which introduces a level of utility not commonly associated with these fun cryptos.

Equipped with cutting-edge AI investment models, WienerAI detects potential trading opportunities and thus assists users in making wiser investment choices.

In addition, the WienerAI ecosystem includes a seamless swap protocol and MEV protection. What’s more, all of these capabilities come with zero fees.

Investors also can stake WAI tokens for an annual return of 577%. As staking yields decline over time, it’s always best to get in early. 

Analyst and YouTuber Crypto Gains, with more than 180k subscribers, says WienerAI might be the next big 100x opportunity.

Wiener AI tokens are currently priced at $0.000706 each. But with a price hike coming in less than 16 hours, it’s best to buy soon if you are attracted to the project.

Buy WAI tokens on the official website here using ETH, BNB, USDT, or a bank card.

Related Articles

Smog (SMOG) – Meme Coin With Rewards

Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Discount – smogtoken.com

Smog token


Join Our Telegram channel to stay up to date on breaking news coverage



Analyst Who Predicted Solana’s 1,100% Transfer Unearths The place The Altcoin Is Headed Subsequent

Peter
-
0
Analyst Who Predicted Solana’s 1,100% Transfer Unearths The place The Altcoin Is Headed Subsequent


Crypto analyst Javon Marks has provided insights into the future trajectory of Solana (SOL) after it hit a 1,100% return. The analyst is known to have called the crypto token’s previous high correctly, which is one reason his latest prediction is worth keeping an eye on.  

Solana Could Rise To As High As $453

Marks mentioned in an X (formerly Twitter) post that despite its recent pullback, Solana’s price may be getting ready for another price rally. He noted that a move of over 54% may already be in the pipeline and that such a price move could open up room for another run of over 93%, which would send Solana to $453. 

Related Reading: Cardano Ready For 15x Move, Crypto Analyst Reveals The Major Drivers

Solana

Source: X

Marks predicted last year that Solana would climb above $200, which it eventually did this year, peaking at a year-to-date (YTD) high of $202. Although the crypto token has dropped significantly from that price level, Marks’ recent prediction confirms that Solana’s run isn’t done yet and will still surpass its current all-time high (ATH) of $260.

Solana rising to $453 looks more feasible considering that crypto analysts like Altcoin Sherpa have predicted that the crypto token could rise above $500 by year-end. Crypto analyst Hansolar also predicted that Solana could climb to $600 in this market cycle. Meanwhile, Crypto YouTuber Jake Gagain predicted that Solana will rise to $750, although he mentioned that it will likely happen in 2025. 

SOL Could Become The Third-Largest Crypto Token

Solana’s rise to as high as $500 could lead to the crypto token becoming the third largest crypto asset by market cap, only behind Bitcoin and Ethereum. This is possible, as a rise to $500 is almost double Solana’s current ATH. Crypto analyst Chris O also previously predicted that this would likely happen as he predicted Solana and ADA would battle for the position. 

Meanwhile, asset manager Franklin Templeton also sounded confident in Solana’s potential to become the third-largest cryptocurrency. In a recent analysis, the asset manager highlighted the factors that could lead to this development. One is Solana’s technology, which they think will be perfect for the sectors that will drive the next wave of crypto adoption. 

Related Reading

Franklin Templeton also alluded to the upcoming airdrops on the Solana network, which could bring more liquidity into the ecosystem and possibly cause a surge in Solana’s price, just like when the Jito and Pyth airdrops occurred. The asset manager also noted that meme coin activity on the network isn’t slowing, which could contribute to Solana’s rise to becoming the third-largest cryptocurrency. 

Solana has become the foremost network for trading meme coins, which has led to an influx of new investors into the ecosystem. Therefore, a sustained network expansion will likely reflect positively on Solana’s price sooner or later. 

At the time of writing, Solana is trading at around $144, up in the last 24 hours, according to data from CoinMarketCap. 

Solana price chart from Tradingview.com

SOL price at $144 | Source: SOLUSD on Tradingview.com

Featured image from DL News, chart from Tradingview.com

The SEC Has Warned Robinhood Crypto of Criminal Motion

Peter
-
0
The SEC Has Warned Robinhood Crypto of Criminal Motion




Highest Meme Cash To Purchase These days Sunday, Would possibly 12 – Kek, MongCoin, Brett, Sponge V2 

Peter
-
0
Highest Meme Cash To Purchase These days Sunday, Would possibly 12 – Kek, MongCoin, Brett, Sponge V2 


Join Our Telegram channel to stay up to date on breaking news coverage

Meme coins are witnessing increased adoption as investors are starting to see their potential. With Tesla now accepting Dogecoin as a means of purchase, they are set to see more adoption in the future. Also, as digital assets, in general, continue to gain traction, the crypto space is seeing an influx of new investors. 

Similarly, new meme tokens and presales are entering the cryptocurrency market. While some of the tokens offer potential market upsides, selecting the best asset worthy of portfolio addition poses a challenge. To ease this hurdle, we curated a list of some of the best meme coins for investors to consider.  

Best Meme Coins to Buy Now

MongCoin has developed a strategic partnership with DOE, an NFT platform. This collaboration has led to the development of a new game, DOE Rangers, on the MongCoin platform. Meanwhile, Sponge V2 has continued to post impressive performances and attract investors’ interest.

In other news, even though crypto prices are in the red zone, investors continue to back the resurgence of meme coins. Presently, meme tokens are generating bullish waves across the crypto market. Also, the ripple effect of the Bitcoin-halving event is set to ensure this uptrend is sustained.

1. MongCoin (MONG)

MongCoin is a deflationary coin deployed on the Ethereum blockchain. The token draws inspiration and value from the renowned NFT collection MONGS NFT. This NFT collection comprises over 10,000 unique NFTs, each featuring a distinct mongoose. Holders of these NFTs receive rewards in the form of MONG coins.

Moreover, this innovative linkage brings a fresh perspective to the meme coin landscape, offering a unique twist. The project’s mission revolves around incentivizing NFT holders with MONG tokens. It also seeks to promote engagement and participation within the community.

MongCoin price chart

Furthermore, the token incorporates several use cases into its ecosystem. One notable example is JuiceBOT, a Telegram trading bot that is fast, secure, and user-friendly. The trading bot enables users to farm MONG for points and earn rewards. Moreover, the project plans to introduce a new token, $JUICE, to fuel JuiceBOT. These new utilities have contributed to the token’s recovery from a price slump and kickstarted an upward rally.

Meanwhile, MongCoin has developed a strategic partnership with DOE, an NFT platform. This collaboration has led to the development of a new game, DOE Rangers, on the MongCoin platform. The game integrates the DOE and MONG NFT Collections, turning them into playable in-game characters. Players can acquire power-ups using $KDOE and $MONG tokens.

MongCoin’s recent impressive price surge of 10% in the last 24 hours outperformed the global cryptocurrency market. Investors are currently bullish on the coin, trading above its 200-day average. Also, the token has shown 16 green days in the last 30 days while posting a 382% price increase since its launch at $0.00000001302.

2. Sponge V2 (SPONGE)

Sponge V2 builds upon the legacy of the Sponge token. The V2 token was launched to strategically expand and build on the success of the Sponge meme coin.  It seeks to complement the initial 40.4 billion token supply. 

The token exhibits remarkable resilience, with a surge of 93.68% since its launch. The token trades at $0.001779, indicating a 3% uptick in the last 24 hours. This upward trajectory is significant, especially considering the token’s recent pullback phase, during which its price experienced a slight decline.

The launch of V2 demonstrates the token dedication to developing new technologies. The innovative token bridges the supply and provides new tokens in the pool. Moreover, it leverages the robust community of V1 to become a top meme coin in the market.

Sponge V2 represents an expansion in the SPONGE journey. It offers a unique approach to token supply and utility. Investors have shown positive sentiment toward the introduction of the token, as seen in its trading activity. 

Visit SPONGE V2

3. Brett (BRETT)

Brett, the first meme coin on Base Chain, draws inspiration from the legendary character reminiscent of Matt Furie’s comic creation, Boy’s Club. The token benefits from Base Chain’s rapidly expanding ecosystem. Brett’s continuous project launch, innovative applications, and dedicated following position it for success.

Brett’s expanding ecosystem offers resources and expertise to its users. Its team of experts is also dedicated to ensuring that the token continues to grow and diversify its offerings. As Base Chain expands further, Brett’s potential for thriving and expanding its utility only continues to increase.

Brett price chart

The BRETT token was launched with a fair distribution, devoid of pre-allocated tokens for the team or insiders. Its immutable smart contract ensures transparency and trust by preventing alterations to its code after deployment. Emphasizing community involvement, the project aims to cultivate a robust and engaged following around the meme.

As a utility token, $BRETT facilitates transactions within the BASE Chain ecosystem. It also serves as a means of tipping creators on a BASE Chain-based social media platform. Moreover, token holders enjoy governance rights within its Decentralized Autonomous Organization (DAO). The project plans to develop a “GambleFi” ecosystem centered around BRETT.

Brett has strategically partnered with prominent companies in the crypto space, bolstering its long-term viability and growth prospects. It has partnered with a renowned gaming company to support its proposed GameFi ecosystem. This collaboration aims to integrate gaming elements into Brett’s platform for enhanced user engagement and utility.

Despite a bearish sentiment, the token has experienced a 2.86% price increase in the last 24 hours. It is currently priced at $0.0305. The token’s greed index of 71 (greed) and a perfect 30 green days in the previous 30 days show its potential for increase in the coming days. 

4. Kek (KEKE)

KEK – The Kekenian Empire of Kek operates on the Ethereum blockchain and recently extended its presence to the Binance Smart Chain through a bridge. It represents a unique endeavor merging meme culture with digital currencies to unlock the potential of memes. Positioned as a community-driven project, it features a DAO platform enabling token holders to vote on decisions and voice their opinions.

This innovative project incorporates a range of utilities, including staking, farming, a Launchpad, an NFT marketplace, and engaging gambling games into its ecosystem. Holders of $KEKE currency can actively engage by staking, earning rewards, contributing to KEK’s growth, and launching new initiatives. The top cryptocurrency exchanges for trading KEK stock include DigiFinex, BitMart, IndoEx, SuperEx, and MEXC.

The KEK project boasts a transparent and sensible tokenomics structure, with no taxes imposed on $KEKE transactions. Out of the total supply of 77,777,777,777,777 tokens, a significant 92.3% are allocated to the liquidity pool, with the LP tokens burnt and the contract renounced. The remaining 7.7% is held in a multi-sig wallet for future centralized exchange listings and liquidity pools.

Kek price chart

The token has established a strategic partnership with Magic Eden, a highly respected platform among NFT investors. Additionally, discussions are underway with an experienced team renowned for successfully promoting NFT collections on Magic Eden. Collaborating with Magic Eden enhances the project’s financial resources and creates opportunities for listings on Centralized Exchanges (CEXs) like KuCoin, Gate.io, and OKX.

Although market sentiment around KEK is bearish, the coin’s Fear and Greed Index shows 82 (Extreme Greed). The token has also displayed 27 green days in the last 30 days and is currently trading near the market high, providing a perfect entrance for new investors. KEKE is trading at $0.00000003857, which indicates that it is still 43% higher than its launch value. 

Learn More

Smog (SMOG) – Meme Coin With Rewards

Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Discount – smogtoken.com

Smog token


Join Our Telegram channel to stay up to date on breaking news coverage



Analyst Issues Out Stage To Beat If Bitcoin Is To Succeed in $76,000

Peter
-
0
Analyst Issues Out Stage To Beat If Bitcoin Is To Succeed in $76,000


Crypto analyst Ali Martinez has highlighted what needs to happen for Bitcoin to climb to $76,000. If that doesn’t happen, he noted that the flagship crypto risks dropping significantly to levels not seen since the start of the year. 

How Bitcoin Could Rise To $76,000

Martinez mentioned in an X (formerly Twitter) post that Bitcoin will likely rise to $76,610 if it can reclaim $64,290 as support. However, if it fails to climb above $64,290, the crypto analyst added that Bitcoin might retest support at $51,970. Martinez drew this conclusion based on MVRV (Market Value To Realized Value) extreme deviation pricing bands, which showed $51,970 as the all-time mean. 

Related Reading

Bitcoin has recently maintained a tepid price movement and isn’t showing any sign that it can reclaim $64,290 as support for now. Instead, the flagship crypto looks likelier to retest the $51,970 price level, seeing as it is looking to break down below $60,000. However, despite Bitcoin looking to have a bearish outlook, crypto analyst Mikybull Crypto maintains that Bitcoin’s price action is bearish. 

In an X (formerly Twitter) post, he mentioned that BTC is having a “simple retest to weary the impatient trader.” “Nothing bearish as bears seem to amplify it,” he added. The analyst had previously predicted that Bitcoin could climb to $73,000 once it clears the $67,000 price level. 

BTC May Soon Resume Its Upward Trajectory

Meanwhile, crypto analyst Rekt Capital suggested that Bitcoin may soon be out of the clear, revealing that the Post-halving “Danger Zone” officially ends on May 13. The analyst had previously explained that this Danger Zone is the downside wick that Bitcoin experienced approximately 21 days after the Halving in 2016. 

In another X post, the analyst revealed that Bitcoin had repeated the “2016 history perfectly, offering a downside wick below the bottom of its current Re-Accumulation range within a three-week window after the halving.” Therefore, with this retracement out of the way, the flagship crypto looks primed for an upward trend. 

Related Reading

However, this move might not happen so soon since Rekt Capital mentioned the Reaccumulation period, which usually occurs after the Bitcoin halving. The crypto analyst noted that this period usually lasts up to five months. He added that this time could be different since this re-accumulation would develop around a new all-time high (ATH) area. 

While it is uncertain when this price rally might come, Rekt Capital suggested that Bitcoin might not drop below the $60,000 price level again. He claimed that a weekly close above $60,600 for Bitcoin “would continue to solidify this price level as a base of the Re-Accumulation Range. 

At the time of writing, BTC is trading at around $61,100, up in the last 24 hours, according to data from CoinMarketCap. 

Bitcoin price chart from Tradingview.com

BTC bulls fail to hold $63,000 | Source: BTCUSD on Tradingview.com

Featured image from AMBCrypto, chart from Tradingview.com

UQUID Advances Cryptocurrency Buying groceries with $USDT on Ton Blockchain

Peter
-
0
UQUID Advances Cryptocurrency Buying groceries with $USDT on Ton Blockchain


Join Our Telegram channel to stay up to date on breaking news coverage

UQUID Shop, a trailblazing online marketplace serving cryptocurrency enthusiasts, has recently integrated $USDT on the Ton blockchain. This development not only amplifies the utility of UQUID Shop but also optimizes the shopping experience by leveraging the Ton Network’s rapid and cost-efficient transaction capabilities. This move underscores UQUID’s commitment to improving the ease and affordability of cryptocurrency transactions in e-commerce.

Streamlining Transactions with the Ton Network

The incorporation of USDT into the Ton blockchain allows UQUID Shop to provide its customers with the dependable stability of Tether along with the added advantages of lower processing fees and quicker transaction speeds offered by the Ton Network. This integration significantly enhances the practicality of using cryptocurrencies for regular purchases, marking a notable advancement in the usability of digital currencies in everyday transactions.

Enhancing the E-commerce Experience for Crypto Users

This strategic enhancement aligns with the increasing consumer demand for effective crypto-payment solutions in online shopping, where the speed of transactions is crucial for a superior user experience. By adopting USDT on the Ton blockchain, UQUID Shop enhances its service offering, ensuring that transactions are not only swift but also more economical compared to traditional banking solutions, particularly for international purchases.

Broadening Market Reach and Reducing Costs

UQUID Shop boasts an expansive selection of over 160 million products ranging from electronics to home goods, making it one of the most extensive marketplaces available online. It supports transactions in more than 200 countries, truly establishing itself as a global platform. The integration of USDT on the Ton blockchain significantly diminishes transaction fees, thereby facilitating more accessible and affordable global shopping experiences.

A Milestone for Cryptocurrency E-commerce

The decision by UQUID Shop to list $USDT on the Ton blockchain is a pivotal step forward in the world of cryptocurrency e-commerce. This strategic move not only improves the shopping experience by providing faster and less expensive transactions but also highlights UQUID’s role as an innovator in adopting new technologies to meet the evolving demands of the global crypto community.

WienerAI Presale: A Fresh and Humorous Crypto Investment Opportunity

The WienerAI presale marks a unique entry into the cryptocurrency market, blending humor with advanced technology, supported by a vibrant community ethos. This presale offers investors an early chance to buy WAI tokens at favorable prices, setting the stage for potential growth thanks to strong community backing.

Distinctive for its combination of a dog-themed meme coin with elements of artificial intelligence—humorously depicted as part sausage—WienerAI appeals to both casual enthusiasts and serious investors. The project narrative, featuring tales of a futuristic scientist, adds depth and encourages community involvement.

WienerAI’s success is bolstered by its dynamic community, essential for the longevity of any meme coin. This active support base not only funds the project but also boosts its market presence significantly. Furthermore, WienerAI offers lucrative financial incentives, including staking rewards with APYs exceeding 1900%, aimed at encouraging long-term holding and price stability.

As an ERC-20 token on the Ethereum blockchain, WienerAI provides a secure and flexible investment option, compatible with many decentralized applications. Overall, the WienerAI presale offers an engaging opportunity for investors looking to add a uniquely themed and potentially lucrative asset to their cryptocurrency portfolios.

Visit WienerAI Presale

Related News

Smog (SMOG) – Meme Coin With Rewards

Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Discount – smogtoken.com

Smog token


Join Our Telegram channel to stay up to date on breaking news coverage



Bitcoin Worth Indicators Bearish Continuation, Why BTC May just Drop Beneath $60K

Peter
-
0
Bitcoin Worth Indicators Bearish Continuation, Why BTC May just Drop Beneath $60K


Bitcoin price started a fresh decline from the $62,000 resistance zone. BTC is declining and remains at a risk of more losses below the $60,000 level.

  • Bitcoin started a fresh decline after it failed near $62,000.
  • The price is trading below $61,000 and the 100 hourly Simple moving average.
  • There was a break below a bearish flag pattern with support near $60,950 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could gain bearish momentum if there is a close below the $60,000 level.

Bitcoin Price Signals Breakdown

Bitcoin price found support near the $60,250 zone and started a recovery wave. BTC was able to recover above the 23.6% Fib retracement level of the downward move from the $63,217 swing high to the $60,250 low.

However, the bears were active near the $61,800 resistance zone. They defended the 50% Fib retracement level of the downward move from the $63,217 swing high to the $60,250 low. There was a fresh bearish reaction below the $61,200 support zone.

There was a break below a bearish flag pattern with support near $60,950 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $61,000 and the 100 hourly Simple moving average.

Immediate resistance is near the $61,200 level. The first major resistance could be $62,000 or the 100 hourly Simple moving average. The next key resistance could be $62,500. A clear move above the $62,500 resistance might send the price higher.

Bitcoin Price

Source: BTCUSD on TradingView.com

The main resistance now sits at $63,500. If there is a close above the $63,500 resistance zone, the price could continue to move up. In the stated case, the price could rise toward $65,000.

More Downsides In BTC?

If Bitcoin fails to climb above the $61,200 resistance zone, it could continue to move down. Immediate support on the downside is near the $60,500 level.

The first major support is $60,000. If there is a close below $60,000, the price could start to drop toward $58,500. Any more losses might send the price toward the $56,650 support zone in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $60,500, followed by $60,000.

Major Resistance Levels – $61,200, $62,200, and $62,500.

Knowledgeable Insights from Alessio Rastani and Gareth Soloway

Peter
-
0
Knowledgeable Insights from Alessio Rastani and Gareth Soloway


Join Our Telegram channel to stay up to date on breaking news coverage

In a recent discussion on the future of Bitcoin, traders Alessio Rastani and Gareth Soloway shared their expert analyses on the cryptocurrency’s current trends and future possibilities. Their conversation offers valuable insights for investors looking to understand the complexities of Bitcoin’s price movements and market dynamics.

The Interplay Between Bitcoin and the Stock Market

Gareth Soloway began by addressing the correlation between Bitcoin and the broader stock market, specifically the S&P 500. He expressed concerns about the potential impact of a significant downturn in the stock market on Bitcoin prices. This correlation suggests that despite Bitcoin’s decentralized nature, it is not entirely immune to the fluctuations seen in traditional financial markets. Soloway’s perspective sheds light on the macroeconomic factors that could influence Bitcoin’s stability and growth.

Trading Perspectives and Long-Term Outlook

Both Soloway and Rastani emphasized the importance of adaptability in their trading strategies. Soloway described his approach as flexible, alternating between long and short positions based on Bitcoin’s performance and broader market signals. This strategy highlights the necessity of adjusting to market volatilities rather than adhering to a fixed bullish or bearish stance. Rastani echoed this sentiment, stressing that a trader’s ability to navigate short-term fluctuations while maintaining a long-term perspective is crucial.

Technical Analysis and Predictive Insights

Delving into technical analysis, Soloway discussed the formation of a “sideways channel” after Bitcoin reached its peak of around $75,000. He interpreted this pattern as a bullish channel, indicating that the cryptocurrency is in a phase of consolidation with potential for an upward breakout. Soloway pinpointed $70,000 as a critical resistance level; a stable break above this threshold could signal a substantial rally, possibly propelling Bitcoin towards $100,000 in the next six to twelve months.

Rastani contributed to the analysis by pointing out the importance of the MACD indicator and other technical tools in identifying overbought conditions, which can precede corrections or pullbacks. Both analysts agreed that while technical indicators are valuable, they must be complemented by other factors such as market sentiment and economic indicators to form a comprehensive trading strategy.

The Role of Market Sentiment and Analyst Perceptions

Soloway also touched on the influence of public perception on market analysis. He noted that unrealistic expectations from the crypto community could lead to misinterpretations of analytical insights. The desire for Bitcoin to rise indefinitely is at odds with the natural market cycles of corrections and rallies. Both he and Rastani lamented the challenges of communicating complex market dynamics in an environment where many participants have a vested interest in seeing prices move in only one direction.

Preparing for Market Fluctuations

A significant part of the discussion revolved around the importance of preparedness for potential downturns. Soloway warned that a drop below significant support levels like $50,000 could lead to further declines, emphasizing the need for investors to be ready for any scenario. This preparedness is essential not only in safeguarding investments but also in capitalizing on potential buying opportunities that arise during market lows.

About Alessio Rastani

Alessio Rastani is a well-known financial trader and commentator who has garnered attention for his straightforward and educational approach to trading and market analysis. He offers insights into various financial markets, including stocks, currencies, and cryptocurrencies, with a focus on technical and fundamental analysis. Rastani is recognized for his ability to break down complex market behaviors into understandable terms, making his advice accessible to both novice and experienced traders. He frequently appears in media interviews and maintains a strong online presence where he shares trading strategies and market predictions. Rastani’s approach often emphasizes the importance of psychological factors in trading, advising traders on how to manage risk and develop discipline to achieve long-term success.

Gareth Soloway

Gareth Soloway is a seasoned trader and chief market strategist known for his expertise in technical analysis and his pragmatic view of the financial markets. He has extensive experience trading stocks, commodities, and cryptocurrencies, and is highly regarded for his ability to forecast market movements based on chart patterns and economic indicators. Soloway is the President and CFO of InTheMoneyStocks.com, where he provides in-depth training and trading alerts to help both novice and experienced traders optimize their trading strategies. His analytical work emphasizes not just the potential for profit but also the mitigation of risks, making him a trusted voice among investors seeking to navigate the often turbulent financial markets.

 

SLOTH
SLOTH

Slothana’s Meteoric Rise: A New Meme Coin Phenomenon on Solana

Slothana, the latest meme coin sensation on the Solana blockchain, has recently caught the attention of crypto enthusiasts with a significant price surge. The $SLOTH token, after a successful presale that garnered an impressive $15 million last month, has seen its value skyrocket by 107% within just 24 hours, reaching a new all-time high of $0.032. This rapid ascent was reported by DexTools, reflecting a burgeoning interest in the coin among investors.

The Slothana coin ($SLOTH) officially debuted on the market following the completion of its token airdrop, which occurred earlier this month. Trading kicked off on the Solana-based decentralized exchange, Raydium, immediately after the airdrop. The team behind Slothana has been actively pursuing broader market engagement, evident from their recent submissions for listing on prominent crypto aggregators CoinMarketCap and CoinGecko.

Adding to the excitement, Slothana introduced a novel burn mechanism designed to enhance the coin’s scarcity by burning a million times the dollar amount in tokens for every cent increase in the $SLOTH price. This strategic move aims to boost the coin’s value further and fuel more aggressive future rallies.

Trading patterns over the past week demonstrate a strong bullish trend for $SLOTH, particularly after the airdrop concluded on May 8. The trading chart shows steep climbs and short periods of consolidation, typical of a vigorous market response. Currently, with a Relative Strength Index of 59, the market conditions suggest that $SLOTH is not overbought, presenting a balanced scenario for potential buyers.

The growing trading volume, which recently hit $11.57 million with a market cap of $54 million, indicates a robust trading activity. This surge has prompted two more exchanges, XT.com and Poloniex, to start listing $SLOTH, enhancing its accessibility and liquidity.

Slothana’s backstory contributes to its appeal, particularly among a niche audience. With its counterculture vibe and connections to cannabis culture, symbolized through its 4:20 clock hands and red, hazed eyes, Slothana stands out in a crowded field of Dogecoin-inspired meme coins. It represents a diverse and rich sector within the crypto meme world, following in the footsteps of earlier coins like Slerf ($SLERF).

The coin’s presale success and the strategic timing of its market entry have positioned Slothana favorably within the crypto community. As the crypto market continues to evolve, influenced by significant events like Bitcoin’s halving, Slothana and the broader Solana ecosystem seem poised for potential growth and more widespread adoption, signaling an exciting phase for new and innovative meme coins.

You can visit Slothana’s official website here

Related News

Smog (SMOG) – Meme Coin With Rewards

Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Discount – smogtoken.com

Smog token


Join Our Telegram channel to stay up to date on breaking news coverage



1...345...213Page 4 of 213

https://cryptodaytrading.online// is a Crypto-Related Website. I Created This Website To Share My Knowledge and Experience To Other People. We Bring The Latest News Every Day Here In This Website You Will Find Tons Of Articles And the Latest News. If You Are Interested To Know More About Crypto . Then Here on this website, you will find many articles related to Crypto.

Latest articles

Popular Categories