🔺The weekend ended in the red zone: BTC was falling significantly, but managed to close the week with a green candle at +0.5%. Most of the TOPs also dipped by -5..10%, however, a number of coins (HYPE, Layer, and DRIFT) grew by +20% for the week. The market is also turning red now: BTC and ETH are losing -0.5%, dragging all the altcoins down with them.
🔺This week a number of important economic events are expected. Key events include: on Wednesday (May 7) - the Fed will announce its decision on the key interest rate, and on Thursday (May 8) - the unemployment data for the US for April will be published. The markets will be shaken! I have outlined all the main events in the chat.
🔺Elon Musk and Trump had fun all weekend: first, Trump published an AI-generated image of himself as the Pope, which caused the newly created meme coin POPE to surge by hundreds of percent, and Elon pumped the GORK token, changing his Twitter name to gorklon rust. It's not worth getting into these tokens: the scammers have already closed off the crowd.
🔺The World project (formerly Worldcoin) announced the installation of 7,500 ORB (a device for scanning the retina) by the end of 2025 across the United States. Users who have passed KYC receive WLD tokens and a digital World ID passport, which allows the system to recognize and track all actions of crypto users in the World ecosystem. The future has already arrived... but the WLD token is not reacting yet: -14% for the week.
🔺The largest token unlocks this week. Be careful: possible manipulations with coin prices👇
