#crypto
Top Altcoins to Watch This Month on Binance
1. Toncoin (TON):
Telegram-based integration is expanding, boosting user adoption. Toncoin recently broke key resistance at $7, with strong volume backing the move.
2. Notcoin (NOT):
A new listing on Binance with massive hype from Telegram's mini-app games. Volatility is high—ideal for short-term momentum traders.
3. Arbitrum (ARB):
Leading Layer 2 solution on Ethereum. Expect higher traction ahead of expected ecosystem announcements and DApp expansions.
4. SUI:
Continues to attract dev activity and DeFi TVL growth. Binance support and consistent upgrades make it a mid-cap to watch.
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Binance Launchpad Projects: Are They Still Worth It?
Recent Trends:
Projects like Saga (SAGA) and Portal (PORTAL) saw initial 2–5x gains post-listing. However, many retraced over 40% within 2 weeks.
Short-Term Gains:
Still worthwhile for fast ROI if sold during the first trading day. Participation requires BNB staking, but risk is relatively low.
Long-Term Viability:
Performance depends on token utility and community traction. Only a few Launchpad tokens sustain performance after the initial hype fades.
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On-Chain Metrics Binance Traders Should Watch
1. BTC/ETH Exchange Flows:
BTC is flowing out of Binance, signaling accumulation. ETH inflows have picked up, hinting at potential sell pressure ahead of ETH ETF news.
2. Funding Rates (Binance Futures):
Moderately positive across BTC/ETH, suggesting bullish leverage is in play. High funding could signal overheating soon.
3. BSC TVL Growth:
PancakeSwap and BNB Chain DeFi platforms are slowly recovering, hinting at cautious user re-engagement.
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BTC/ETH Technical Analysis – Weekly Outlook (May 6–12, 2025)
Bitcoin (BTC):
Support: $59,200
Resistance: $64,800
Outlook: Consolidation phase—MACD shows a bullish crossover, but volume needs confirmation.
Ethereum (ETH):
Support: $2,850
Resistance: $3,280
Outlook: RSI recovering from oversold. Watch for breakout above $3,100 to confirm upward momentum, particularly ETF
