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Give me the Correct 7 letter word of the day Binance. ??? #WORDOFTHEDAY✅
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Will XRP repeat its 70% rally? Price nears classic fractal breakout. XRP is repeating technical patterns from its early 2025 rally, pointing to a potential surge toward the $3.75–$4.00 range. XRP is mirroring a bullish fractal that led to a 70% rally earlier this year. Price eyes a 20% breakout from a falling wedge, targeting $3.75 in August. XRPL growth and stablecoin activity bolster the case for a move toward $4. XRP falling wedge hints at 20% rally in August Between December and January, XRP consolidated inside a falling wedge pattern while holding firm above its 50-day exponential moving average (50-day EMA; the red wave). The pattern resolved with a breakout to the upside in early January, reclaiming the 20-day EMA (the purple wave) as support and fueling a 70% price surge — from around $2 to above $3.39 — within weeks. As of August, XRP is once again consolidating within a falling wedge after a steep rally, while bouncing from its 50-day EMA and flipping the 20-day EMA back into support. In both cases, XRP’s relative strength index (RSI) pulled back sharply from overbought levels and stabilized near 50, a reset that preceded a breakout in January. The similarities between the two patterns suggest that XRP could be on the verge of another strong move upward. As of Tuesday, the cryptocurrency is testing the wedge’s upper trendline for a potential breakout toward $3.75, up by over 20% from the current price levels, in August. A rejection at the upper trendline could delay the breakout, with XRP likely retesting the 50-day EMA as support. A close below this level risks a drop toward the wedge apex near the 200-day EMA around $2.34. Some analysts expect XRP to break above $4 this cycle, owing to whale accumulation and a potential Federal Reserve rate cut in September that may fuel risk appetite overall. #xrp #XRPPredictions
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Pi Network Adjusts Mining Rate to All-Time Low, Issues Lock-Up Reminder to Users On August 1, Pi Network reduced its mining rate by 8%, from 0.0030165 π/h to 0.0027746 π/h. Pi Core Team reminded users of voluntary lock-up options to potentially boost mining rewards by up to 200%. Some community members see recent app updates as filler content while the Core Team delays more important developments. The Pi Network has implemented a fresh reduction in its mining rate and issued new guidance encouraging community members to lock up tokens. The team made the change to maintain the ecosystem’s sustainability in the face of market volatility. Pi Network Slashes Mining Rate by 8% On August 1, the mining rate of the Pi Network was reduced by 8%, from 0.0030165 π/h to 0.0027746 π/h. This figure represents the lowest rate ever recorded since the network started mining. It shows a continued effort to reduce token emissions while supply increases. Woody Lightyear, a Pi community lead, pointed out this reduction in a recent X post. Furthermore, the Pi Core Team reminded users of the Lock-Up option designed to strengthen network stability and incentivize long-term participation. Users can voluntarily lock up Pi either before or after migrating to the mainnet. For those who haven’t migrated yet, pre-migration lockups can be configured in the app under the “Mainnet” tab. Post-migration lockups, set within the Pi Wallet, apply directly to already transferred Pi. In addition to protecting the ecosystem, these lockups give users rewards by raising their mining rate. Both types follow the exact reward calculation mechanism, as detailed in the 2021 whitepaper. Once committed, lockups cannot be reversed. They reflect the project’s core philosophy of encouraging pioneers to think long-term rather than focusing on short-term price movements. In a separate message, the Pi Core Team advised users to enable two-factor authentication, the third item on the Mainnet checklist, to ensure a seamless migration. #PiNetwork #pi
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Crypto: Pi Network In Free Fall Threatens To Break A Very Critical Historical Threshold.
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Pi Network News: Wallet “Buy” Feature Fails as Pi Token Transactions Stall: Pi Coin price is trading around $0.42, down nearly 4% today as sentiment weakens across the community. The dip follows widespread reports of failed Pi token transactions via the Pi Wallet’s new “Buy” feature. The timing is indeed critical for investors who are already cautious due to a large token unlock scheduled for August, and now the wallet glitch is shaking confidence further. Users Complain: “Where Are My Pi Tokens?” Since the launch of the “Buy” button, powered by Onramp Money, users in Vietnam and other regions have reported that their fiat was debited, but no Pi tokens appeared in their wallets even after four days. This prompted growing anxiety, with many assuming something had gone wrong at the backend or fearing their funds were lost Onramp Clears the Air: “Integration Still Ongoing” Onramp Money released a statement today confirming that the Pi Wallet integration is still in progress. The company asked users to stop making new purchases until the official launch, expected in the second or third week of August. They promised that all pending transactions will be processed once the system goes live and assured users that updates will be shared only through verified channels. Buy Feature Went Live Too Soon? The issue started after Pi Network quietly activated the “Buy” button inside its wallet, allowing users to purchase Pi using credit cards, Google Pay, and more via Onramper and Banxa. While the feature was seen as a step toward real-world usability, many criticized Pi for rolling it out before backend integration was fully ready. Some believe the buy option should have remained inactive until the August launch. Despite the hiccups, Pi Network is pushing forward. Its partnership with Onramp Money enables pioneers to convert Pi into 25+ local currencies, including INR, VND, NGN, MXN, TRY, and EUR. The goal is to turn mined Pi tokens into spendable value and bring crypto closer to traditional banking ease. #pi #PiNetwork
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