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*Important Announcement*
Possible Market Manipulation Ahead! 🐋💼
🙄🚨
It looks like we're seeing some unusual activity in the crypto market. 👈Large holders, known as "whales," might be playing games again. Here's what could be happening: 🙄🚨
📊@RazaTrader
#writetearn
#AirdropGuide
#Write2Share
$BTC
Possible Market Manipulation Ahead! 🐋💼
🙄🚨
It looks like we're seeing some unusual activity in the crypto market. 👈Large holders, known as "whales," might be playing games again. Here's what could be happening: 🙄🚨
📊@RazaTrader
#writetearn
#AirdropGuide
#Write2Share
$BTC
Hi Guys,
It's Big & Big #alert About $PEPE Next Plan !!!
$PEPE
-11.18%
Nascent Snatches 447.67 Billion PEPE Tokens Amid PEPE Price Dip, What’s Next?
Nascent Ventures makes a strategic purchase of 447.67 billion PEPE tokens amidst a crypto market downturn.
Venture Capital Nascent made a significant move in the crypto space by acquiring 447.67 billion PEPE tokens for $5.48 million.
By leveraging this strategic acquisition, Nascent has not only secured a potentially lucrative investment but has also elevated PEPE to a prominent position within their portfolio, signaling confidence in the token’s future prospects despite the current market conditions.
Nascent’s Acquisition Details and Portfolio Performance
Spot On Chain monitoring reveals that Nascent executed the purchase of 447.67 billion PEPE tokens ($5.48 million) from Binance, marking their initial foray into PEPE investment.
With the current value of the tokens showing a floating profit of $262,000 (+4.8%), Nascent’s strategic move appears to be yielding early returns.
PEPE now holds the top position in Nascent’s portfolio, surpassing MKR, with the total profit from their investments standing at an impressive $2.45 million (+248%).
Analysis of PEPE’s Price Movement and Market Dynamics
Despite Nascent’s bullish investment, PEPE’s price has experienced a downturn, with the token currently trading at $0.00001309 and a 24-hour trading volume of $1,358,976,503.13.
This represents a notable -8.59% price decline within the past 24 hours and a -14.26% decrease over the last 7 days. Additionally, PEPE’s Open Interest has seen a significant drop of 17.63%, reflecting a cautious sentiment among investors.
PEPE maintains a substantial circulating supply of 420 trillion tokens, contributing to a market capitalization of $5,516,806,172.
This analysis sheds light on the complexities of the crypto market, where despite strategic investments such as Nascent’s, price fluctuations and market dynamics continue to influence asset valuations and investor sentiment.
#writetearn #BTC☀
It's Big & Big #alert About $PEPE Next Plan !!!
$PEPE
-11.18%
Nascent Snatches 447.67 Billion PEPE Tokens Amid PEPE Price Dip, What’s Next?
Nascent Ventures makes a strategic purchase of 447.67 billion PEPE tokens amidst a crypto market downturn.
Venture Capital Nascent made a significant move in the crypto space by acquiring 447.67 billion PEPE tokens for $5.48 million.
By leveraging this strategic acquisition, Nascent has not only secured a potentially lucrative investment but has also elevated PEPE to a prominent position within their portfolio, signaling confidence in the token’s future prospects despite the current market conditions.
Nascent’s Acquisition Details and Portfolio Performance
Spot On Chain monitoring reveals that Nascent executed the purchase of 447.67 billion PEPE tokens ($5.48 million) from Binance, marking their initial foray into PEPE investment.
With the current value of the tokens showing a floating profit of $262,000 (+4.8%), Nascent’s strategic move appears to be yielding early returns.
PEPE now holds the top position in Nascent’s portfolio, surpassing MKR, with the total profit from their investments standing at an impressive $2.45 million (+248%).
Analysis of PEPE’s Price Movement and Market Dynamics
Despite Nascent’s bullish investment, PEPE’s price has experienced a downturn, with the token currently trading at $0.00001309 and a 24-hour trading volume of $1,358,976,503.13.
This represents a notable -8.59% price decline within the past 24 hours and a -14.26% decrease over the last 7 days. Additionally, PEPE’s Open Interest has seen a significant drop of 17.63%, reflecting a cautious sentiment among investors.
PEPE maintains a substantial circulating supply of 420 trillion tokens, contributing to a market capitalization of $5,516,806,172.
This analysis sheds light on the complexities of the crypto market, where despite strategic investments such as Nascent’s, price fluctuations and market dynamics continue to influence asset valuations and investor sentiment.
#writetearn #BTC☀
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BNB Technical Analysis October 24
BNB has dipped below the 20-day EMA ($585), which is a support level to watch in the short term.
BNB/USDT Daily Chart | Source: TradingView
If the price closes above the 20-day EMA, it will indicate that the bulls are defending this level. This will increase the possibility of a move to the $635 resistance zone, but this will also act as a strong barrier.
If the price closes below the 20-day EMA, it will indicate that the bulls have booked profits. The BNB/USDT pair could then drop to the 50-day SMA ($565) and then the strong support at $527, suggesting that BNB will remain range bound between $460 and $635.
BNB/USDT Daily Chart | Source: TradingView
If the price closes above the 20-day EMA, it will indicate that the bulls are defending this level. This will increase the possibility of a move to the $635 resistance zone, but this will also act as a strong barrier.
If the price closes below the 20-day EMA, it will indicate that the bulls have booked profits. The BNB/USDT pair could then drop to the 50-day SMA ($565) and then the strong support at $527, suggesting that BNB will remain range bound between $460 and $635.
Important Report on Upcoming Binance Delistings: What You Need to KnowOn August 26, 2024, Binance will be delisting the following cryptocurrencies: ForTube ($FOR R), Ellipsis ($EPX ), Voyager Token ($VGX X), PowerPool (CVP), and Reef (REEF). This decision is part of Binance’s regular review process to ensure all listed assets meet their stringent performance and compliance standards. If you hold any of these assets, it's crucial to take action before the delisting date.
Why Binance is Delisting These TokensBinance’s decision to delist these assets is likely influenced by several factors:Low Trading Volume: Declining trading volume indicates reduced community interest, making it unsustainable for Binance to continue supporting these tokens.Lack of Development: Tokens that don’t show ongoing development or improvements often fall behind in the fast-evolving crypto space.Regulatory Issues: Compliance concerns may arise, particularly if a token no longer meets Binance’s regulatory standards.Poor Market Performance: Significant price drops and declining market caps can signal unsustainable projects, prompting delisting.#writetearn #Delisted #BinanceTurns7 #MtGoxJulyRepayments
Why Binance is Delisting These TokensBinance’s decision to delist these assets is likely influenced by several factors:Low Trading Volume: Declining trading volume indicates reduced community interest, making it unsustainable for Binance to continue supporting these tokens.Lack of Development: Tokens that don’t show ongoing development or improvements often fall behind in the fast-evolving crypto space.Regulatory Issues: Compliance concerns may arise, particularly if a token no longer meets Binance’s regulatory standards.Poor Market Performance: Significant price drops and declining market caps can signal unsustainable projects, prompting delisting.#writetearn #Delisted #BinanceTurns7 #MtGoxJulyRepayments
#not is very good coin after #pepe Just buy and Hold Don't listen to any Fake news just Hold.
#EarnFreeCrypto2024
#writetearn
#EarnFreeCrypto2024
#writetearn
New Spot Trade SETUP
#ENA/USDT
ENTRY PRICE
0.72 to 0.78
DCA at 0.7 to 0.65
TARGETS
0.95
1.0
1.1
1.2
1.5
🚀🚀🚀
Margin 25% to 40%
HOLDING TIME Almost 1month
This trade give you 1x to 2x profit
For Future Traders
In future use inly 5% Margin and 3x Leverage
future entry price is 0.75 to 0.72
proper Risk Management ky sath future mai trade lena zero liquidation ky sath
📊@RazaTrader
#Write2Earn!
#writetearn
#Write2Share
#ENA/USDT
ENTRY PRICE
0.72 to 0.78
DCA at 0.7 to 0.65
TARGETS
0.95
1.0
1.1
1.2
1.5
🚀🚀🚀
Margin 25% to 40%
HOLDING TIME Almost 1month
This trade give you 1x to 2x profit
For Future Traders
In future use inly 5% Margin and 3x Leverage
future entry price is 0.75 to 0.72
proper Risk Management ky sath future mai trade lena zero liquidation ky sath
📊@RazaTrader
#Write2Earn!
#writetearn
#Write2Share
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TOTAL 2:
+ On the daily timeframe, altcoin market capitalization has formed a base between $0.95 and $1.25 trillion.
+ Currently, it is near the lower boundary of this range. Below this base, there is a strong support zone between $0.87 and $0.91 trillion, but Ngoc doesn't think we will reach that level.
+ Currently, the critical level is $1 trillion and I believe the capitalization will start to gain momentum in the near future.
+ Ethereum will certainly contribute to this (when ETF trading begins). Many altcoins will support growth, but not all of them ==> So it is important to determine exactly which coins are worth investing in.
With the above comment, the T7 market will recover, but this is just a personal opinion (for reference).
#Write2Win #writetearn #writetoearn
$BTC $ETH $BNB
+ On the daily timeframe, altcoin market capitalization has formed a base between $0.95 and $1.25 trillion.
+ Currently, it is near the lower boundary of this range. Below this base, there is a strong support zone between $0.87 and $0.91 trillion, but Ngoc doesn't think we will reach that level.
+ Currently, the critical level is $1 trillion and I believe the capitalization will start to gain momentum in the near future.
+ Ethereum will certainly contribute to this (when ETF trading begins). Many altcoins will support growth, but not all of them ==> So it is important to determine exactly which coins are worth investing in.
With the above comment, the T7 market will recover, but this is just a personal opinion (for reference).
#Write2Win #writetearn #writetoearn
$BTC $ETH $BNB
$PEOPLE Target 1 , 2 &3 Successfully 🎯 Hits
200% Profit Done ✅
📊@RazaTrader
#writetowin
#writetearn
#altcoins
200% Profit Done ✅
📊@RazaTrader
#writetowin
#writetearn
#altcoins
$PEOPLE /USDT
SHORT 🛑🛑🛑
Entry Perfect (0.13 to0.12)
Market Price
Leverage 5x to 20x Cross
Take profit Target's
0.1100
0.1080
0.1050
0.1000
0.09900
0.09500
SHORT 🛑🛑🛑
Entry Perfect (0.13 to0.12)
Market Price
Leverage 5x to 20x Cross
Take profit Target's
0.1100
0.1080
0.1050
0.1000
0.09900
0.09500
🟢LONG #BTC☀
ENTRIES - 64K to 63k
TARGETS
66000$
68000$
70000$
72000$
75000$
80000$
85000$
🔴STOP LOSS - 59100 DAILY CLOSING
5X to 20X LEVERAGE
&
5% to 10% MARGIN
SWING SETUP -
THE DCA WILL BE -61,000$ -
LET'S RIDE THE GAME .
*Raza Trader*
📊@RazaTrader
$BTC
#AirdropGuide
#Write&Earn
#writetearn
#Write2Share
ENTRIES - 64K to 63k
TARGETS
66000$
68000$
70000$
72000$
75000$
80000$
85000$
🔴STOP LOSS - 59100 DAILY CLOSING
5X to 20X LEVERAGE
&
5% to 10% MARGIN
SWING SETUP -
THE DCA WILL BE -61,000$ -
LET'S RIDE THE GAME .
*Raza Trader*
📊@RazaTrader
$BTC
#AirdropGuide
#Write&Earn
#writetearn
#Write2Share
Today's market analysis reveals notable price movements across several tokens. G showed the most significant gain, surging by 44.06% to $0.06104, indicating strong bullish momentum. $VIC followed with an 8.31% increase, reaching $0.4146, reflecting positive market sentiment. $MBL saw a 7.39% rise to $0.002716, while PEOPLE advanced by 6.73% to $0.08624. ARK experienced a 5.73% uptick, now valued at $0.395. Lastly, $SAGA climbed 5.34%, with its price at $1.8021. These movements suggest potential opportunities for traders, highlighting the importance of monitoring market trends and price action for informed decision-making.#writetowin #writetearn #BinanceTournament #US_Job_Market_Slowdown
🚨 Don't Lose Your HMSTER for the Wrong KYC Upgrade! 🚨 Upgrading your KYC card in Hamster Combat
🚨 Don't Lose Your HMSTER for the Wrong KYC Upgrade! 🚨
Upgrading your KYC card in Hamster Combat to level 25 requires a massive 2.61B coin investment, yet it only yields 633 coins per hour. With such a low return compared to other cards, is it worth sinking your hard-earned coins into this upgrade?
Why the KYC Card?
While it may offer long-term income stability, the KYC card’s low hourly return at such a high cost raises serious concerns about its efficiency. Other cards could provide much better returns for a smaller investment.
Why the Huge Cost?
The massive upgrade cost could mean hidden benefits or potential synergies with other cards, though these advantages aren't immediately visible. Games often inflate upgrade costs to encourage careful resource management and strategic spending.
Strategic Insights:
At 633 coins per hour, it could take ages to recoup the 2.61B investment—over 4,000 hours, to be exact! For players swimming in resources, the upgrade might pay off in the long run, but if you're short on coins, you might want to focus on more cost-effective cards.
Long-Term vs Short-Term:
Sure, the KYC card might eventually bring in steady profits, especially if it syncs with other cards. But before committing, make sure to explore other options that could give you a faster ROI and boost your gameplay sooner.
Final Verdict:
Don’t rush into upgrading the KYC card—evaluate your strategy, resources, and potential gains from other cards. Maximizing efficiency is key to dominating Hamster Combat!
🛑 Thrilling Tip: Be strategic, calculate the ROI, and always explore better alternatives before upgrading.
Upgrading your KYC card in Hamster Combat to level 25 requires a massive 2.61B coin investment, yet it only yields 633 coins per hour. With such a low return compared to other cards, is it worth sinking your hard-earned coins into this upgrade?
Why the KYC Card?
While it may offer long-term income stability, the KYC card’s low hourly return at such a high cost raises serious concerns about its efficiency. Other cards could provide much better returns for a smaller investment.
Why the Huge Cost?
The massive upgrade cost could mean hidden benefits or potential synergies with other cards, though these advantages aren't immediately visible. Games often inflate upgrade costs to encourage careful resource management and strategic spending.
Strategic Insights:
At 633 coins per hour, it could take ages to recoup the 2.61B investment—over 4,000 hours, to be exact! For players swimming in resources, the upgrade might pay off in the long run, but if you're short on coins, you might want to focus on more cost-effective cards.
Long-Term vs Short-Term:
Sure, the KYC card might eventually bring in steady profits, especially if it syncs with other cards. But before committing, make sure to explore other options that could give you a faster ROI and boost your gameplay sooner.
Final Verdict:
Don’t rush into upgrading the KYC card—evaluate your strategy, resources, and potential gains from other cards. Maximizing efficiency is key to dominating Hamster Combat!
🛑 Thrilling Tip: Be strategic, calculate the ROI, and always explore better alternatives before upgrading.
LTC/Short manage your risk
Entry 87.88 TO 87.00
Sl 89.63
Tp
86.75 ,
86.25 ,
85.50 ,
84.50 ,
83.00 ,
81.00
Always Use a Trading Plan
Treat Trading Like a Business
Use Technology to Your Advantage
Protect Your Trading Capital
Become a Student of the Markets
Risk Only What You Can Afford to Lose
Develop a Methodology Based on Facts
Always Use a Stop Loss
Know When to Stop Trading
Keep Trading in Perspective
#writetoearn #write2earn #pizzaday #ETHETFS #PEPE
Entry 87.88 TO 87.00
Sl 89.63
Tp
86.75 ,
86.25 ,
85.50 ,
84.50 ,
83.00 ,
81.00
Always Use a Trading Plan
Treat Trading Like a Business
Use Technology to Your Advantage
Protect Your Trading Capital
Become a Student of the Markets
Risk Only What You Can Afford to Lose
Develop a Methodology Based on Facts
Always Use a Stop Loss
Know When to Stop Trading
Keep Trading in Perspective
#writetoearn #write2earn #pizzaday #ETHETFS #PEPE
Buy #BIGTIME/USDT
SPOT
ENTRY 0.145
TARGET
0.30
0.45
0.80
SL - 0.10
In future use 1x to 2x Leverage
📊@RazaTrader
#writetearn
#Write2Share
SPOT
ENTRY 0.145
TARGET
0.30
0.45
0.80
SL - 0.10
In future use 1x to 2x Leverage
📊@RazaTrader
#writetearn
#Write2Share
New Future/Long Trade
$MATIC
Entry Price
0.6 to0.63
TARGETS
0.7
0.8
0.9
1.0
🚀🚀🚀🚀
SL
0.45
MARGIN in Future 5%
Margin in Spot 35%
Leverage 5x to 10x
📊@RazaTrader
#writetearn
#Write2Share
$MATIC
Entry Price
0.6 to0.63
TARGETS
0.7
0.8
0.9
1.0
🚀🚀🚀🚀
SL
0.45
MARGIN in Future 5%
Margin in Spot 35%
Leverage 5x to 10x
📊@RazaTrader
#writetearn
#Write2Share
See original
#MoneyFlow
The cash flow is getting bigger every year, especially #Altcoin has 709 days of accumulation. Previous cycles approximately every 750 days accumulate and the Alt session begins.
$BTC and the capitalization of #Altcoin in the direction of technical analysis are having clearer confirmation steps.
Hello, I'm Two, currently the CEO/Co-Fouder of Degen Traders.
If you want to know more details, follow and share the article. I just created a community where good traders and researchers participate.
Items we are developing:
- Degen Gems: Analyze the future of quality projects from xnxx profit potential that you never knew. We are confident that we understand clearly and will be the first area we share directly in Vietnam.
- Degen Lead Copy Trade (Binance): If you want to make a profit without spending too much time.
- Degen Futures and Degen BOT: We have been researching the market for more than 6 years and understand the algorithmic logic to develop a personal BOT for both the futures contract field and the upcoming safe Swing Trade. .
- Degen Chat: Where you discuss and share knowledge.
We have just started marketing, please share if you find it useful and profitable in the long run.
Contact: maianhtu0105
#EarnFreeCrypto2024 #writetearn
The cash flow is getting bigger every year, especially #Altcoin has 709 days of accumulation. Previous cycles approximately every 750 days accumulate and the Alt session begins.
$BTC and the capitalization of #Altcoin in the direction of technical analysis are having clearer confirmation steps.
Hello, I'm Two, currently the CEO/Co-Fouder of Degen Traders.
If you want to know more details, follow and share the article. I just created a community where good traders and researchers participate.
Items we are developing:
- Degen Gems: Analyze the future of quality projects from xnxx profit potential that you never knew. We are confident that we understand clearly and will be the first area we share directly in Vietnam.
- Degen Lead Copy Trade (Binance): If you want to make a profit without spending too much time.
- Degen Futures and Degen BOT: We have been researching the market for more than 6 years and understand the algorithmic logic to develop a personal BOT for both the futures contract field and the upcoming safe Swing Trade. .
- Degen Chat: Where you discuss and share knowledge.
We have just started marketing, please share if you find it useful and profitable in the long run.
Contact: maianhtu0105
#EarnFreeCrypto2024 #writetearn
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$NOT $JASMY
Notcoin price skyrocketed 216% in a week
Notcoin (NOT), the hot new cryptocurrency game on Telegram, is exploding! Just this week, Notcoin's price skyrocketed more than 216%, leaving the rest of the crypto market in the dust. While things were generally quiet this weekend, Notcoin was not slowing down, rising another 40% on Sunday and hitting a record high of $0.027. Currently, it is trading around $0.021 with a market capitalization of $2.3 billion.
This, combined with the general buzz surrounding the Telegram cryptocurrency, has got investors excited. NOT's trading volume has exploded to over $4.2 billion, and as long as the Telegram mini app craze continues to grow, Notcoin's price may continue to rise.
“My Digital Card” Rumor Fueled the Rally: JasmyCoin Up 96%
JasmyCoin (JASMY) is having an outstanding month, up over 95% in the past thirty days! JasmyCoin's surge comes after speculation that it would be integrated with Japan's My Number Card on iPhones and a wave of positive regulatory changes in the country.
The integration of “My Number Card”, confirmed by the Japanese Prime Minister himself, will be a big deal. It is believed that JasmyCoin will be at the forefront of technological innovation and in a position to play a key role in Japan's digital future.
This, combined with recent regulatory reforms allowing venture capital to invest in cryptocurrency projects, has got investors excited about JASMY. This has boosted confidence
#StartInvestingInCrypto #writetoearn #Write2Earrn #writetearn
Notcoin price skyrocketed 216% in a week
Notcoin (NOT), the hot new cryptocurrency game on Telegram, is exploding! Just this week, Notcoin's price skyrocketed more than 216%, leaving the rest of the crypto market in the dust. While things were generally quiet this weekend, Notcoin was not slowing down, rising another 40% on Sunday and hitting a record high of $0.027. Currently, it is trading around $0.021 with a market capitalization of $2.3 billion.
This, combined with the general buzz surrounding the Telegram cryptocurrency, has got investors excited. NOT's trading volume has exploded to over $4.2 billion, and as long as the Telegram mini app craze continues to grow, Notcoin's price may continue to rise.
“My Digital Card” Rumor Fueled the Rally: JasmyCoin Up 96%
JasmyCoin (JASMY) is having an outstanding month, up over 95% in the past thirty days! JasmyCoin's surge comes after speculation that it would be integrated with Japan's My Number Card on iPhones and a wave of positive regulatory changes in the country.
The integration of “My Number Card”, confirmed by the Japanese Prime Minister himself, will be a big deal. It is believed that JasmyCoin will be at the forefront of technological innovation and in a position to play a key role in Japan's digital future.
This, combined with recent regulatory reforms allowing venture capital to invest in cryptocurrency projects, has got investors excited about JASMY. This has boosted confidence
#StartInvestingInCrypto #writetoearn #Write2Earrn #writetearn
Don't Be Fooled: The Truth Behind Profit Screenshots
In the crypto world, it's common to see impressive profit screenshots, especially with lesser-known coins. However, beware, these images can be deceiving. Anyone can manipulate numbers or create fake screenshots.
The Reality Check
Even if those millions were genuinely earned, there's a crucial factor to consider: liquidity. Suppose a coin has only $3 million in available trading funds. Selling a significant portion of that coin can lead to:
- Selling Problem: Mass sell-offs cause the coin's price to plummet.
- Liquidity Crisis: Insufficient market funds to support large transactions, causing prices to crash.
For instance, holding a $1 million worth of coin with only $3 million in market liquidity means:
- You can't sell your share without drastically reducing the price.
- The market lacks sufficient funds to absorb large transactions.
Stay Vigilant
When encountering profit screenshots, remember:
- Verify authenticity through reputable sources.
- Consider market liquidity and potential selling challenges.
- Be cautious of manipulated or fabricated claims.
In the crypto space, skepticism is key. Don't rely solely on screenshots; dig deeper to uncover the truth.
Stay informed stay safe.
#Write2Earn #writetearn #BNBSUPPLY
The Reality Check
Even if those millions were genuinely earned, there's a crucial factor to consider: liquidity. Suppose a coin has only $3 million in available trading funds. Selling a significant portion of that coin can lead to:
- Selling Problem: Mass sell-offs cause the coin's price to plummet.
- Liquidity Crisis: Insufficient market funds to support large transactions, causing prices to crash.
For instance, holding a $1 million worth of coin with only $3 million in market liquidity means:
- You can't sell your share without drastically reducing the price.
- The market lacks sufficient funds to absorb large transactions.
Stay Vigilant
When encountering profit screenshots, remember:
- Verify authenticity through reputable sources.
- Consider market liquidity and potential selling challenges.
- Be cautious of manipulated or fabricated claims.
In the crypto space, skepticism is key. Don't rely solely on screenshots; dig deeper to uncover the truth.
Stay informed stay safe.
#Write2Earn #writetearn #BNBSUPPLY
In the upcoming 12 months, I eagerly anticipate:
- The emergence of innovative new use cases and the continuation of groundbreaking developments
- Improved user experiences and greater retail adoption, making crypto more accessible
- The institutionalization and mainstream acceptance of cryptocurrencies, integrating them into mainstream finance
- Enhanced regulatory frameworks providing clearer guidance and greater security
There's so much more on the horizon! We're still in the early stages of this exciting journey. 💪
#writetearn #VanEck_SOL_ETFS #SOFR_Spike #Ethereum_ETFs_Expected_Date
- The emergence of innovative new use cases and the continuation of groundbreaking developments
- Improved user experiences and greater retail adoption, making crypto more accessible
- The institutionalization and mainstream acceptance of cryptocurrencies, integrating them into mainstream finance
- Enhanced regulatory frameworks providing clearer guidance and greater security
There's so much more on the horizon! We're still in the early stages of this exciting journey. 💪
#writetearn #VanEck_SOL_ETFS #SOFR_Spike #Ethereum_ETFs_Expected_Date
Binance Delisting Impact and BNB Trends
Binance's recent decision to delist six altcoins—Ellipsis ($EPX ), PowerPool ($CVP ForTube ($FOR R), Reef (REEF), Loom Network (LOOM), and VGX Token (VGX)—has resulted in substantial double-digit declines in their respective values. The delisting, effective from August 26, 2024, has led to a sharp drop in trading volumes and market liquidity for these tokens, reflecting a negative market sentiment. Conversely, Binance's native cryptocurrency, BNB, has shown a modest rise of 0.835% to $520.37. However, despite this increase, the Relative Strength Index (RSI) for BNB remains below the neutral level of 46, suggesting ongoing bearish sentiment. This divergence indicates a potential for continued volatility in the market as Binance shifts its focus to new assets like Toncoin (TON).
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