The tanking of ALTS going on with $BTC swings. It's time to | The Last Fund on Binance Square

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The tanking of ALTS going on with $BTC swings. It's time to watch the synchrony than to jump in.
$Kilo $$USUAL $KAVA 

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BTC

103,614.56

-0.97%

KILO

Alpha

0.019352

-10.87%

KAVA

0

%

282

0

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$USUAL makes history with 10 consecutive red candles on daily chart. The irony is the fate of this stablecoin issuer's token when there's an unprecedented institutional race for stablecoin. The all time high is now around 30x. Can't imagine the pain of those stuck high. Will come up shortly with how the tokenomics and reward mechanism is fueling this continuous decline. @Usual Official

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$IOST locked fresh funding in millions. Price shooted only to fall back more. $SEI selected for stable coin issuance in Wyoming. Price showing only subtle rise and may not sustain. $USUAL launches new product ETh0. Price is dropping to new lows. $Ach to launch its own blockchain and stable coin. Price experienced upcoming developments but faded instantly. No news on project expansions and developments, new funds incoming and fostering new partnership is affecting the price in anyway. Not even the Genius bill developments BTC rise slightly pushes alts up that is dropped more with slight drop in BTC. The result is spiralling fall in Alts prices. If it remains so for couple of few weeks more we may see many alts fading permanently. Liquidity seems constrained. War FUD is still there. Many eyeing for Fed Rate cuts in August now. Confidence is diluting. While many ALTs are nosediving in search of new lows, the worst part is BTC is oscillating in 105k range, it hasn't bottomed as recent dip a few months before.. And no one knows what price action we may see when BTC falls below 100k. But there's a strong institutional demand growing that can provide good support for BTC. At this juncture, I feel tempted to buy the good alts at more discounts but I am looking for either BTC to remain sideways or fall further before it rallies up. it's quite a difficult time to make decisions. And trading in confusion has obvious risks. Your suggestions can be very helpful.

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some resilient tokens in this dip-dip season: $ckp $qst $JellyJelly but don't know when they may succumb too

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Investments should let you peace. if you're panicking think twice before investing. You may be putting your funds and mental health at risk. $BTC #MyTradingStyle

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PCS $CAKE has eaten most BSC dex $BSW , $Kilo

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