SYRUP Token Soars 22% as Airdrop, Buyback Vote, and Whale Activity Drive $393M Volume Surge
SYRUPUSDT has experienced a notable 22.17% price increase over the past 24 hours, currently trading at $0.5841 on Binance, with a 24-hour open of $0.4781. The surge in price and trading volume can be attributed to several recent developments: the completion of a 228,000 SYRUP token airdrop on Bitget, heightened community engagement around the upcoming MIP-018 vote to increase token buybacks to 25%, and the launch of Bitget Wallet’s "Fomo Thursdays" staking event featuring SYRUP. Additionally, Maple Finance’s strong real-world asset performance and a new all-time high in assets under management have contributed to increased investor interest and whale accumulation. The 24-hour trading volume reached approximately $393.55 million, reflecting a 223.40% increase, and the token’s market capitalization stands at around $713.1 million, placing it among the top 100 cryptocurrencies by market cap.
💣 $BTC /USDT – Bearish Setup Playing Out! 📉
TP1 ✅ Hit at $116,200 — Bears in Control! 🐻💥
$BTC faced heavy rejection from the $119,900–$118,350 supply zone, confirming a bearish breakdown amid negative market vibes and macro uncertainty 🌪️📊
{future}(BTCUSDT)
🔻 SHORT Entry Zone:
💀 $119,900 – $118,350 (Confirmed rejection zone)
🎯 Take Profit Targets:
1. ✅ $116,200 (HIT)
2. 🎯 $114,300
3. 🎯 $112,500
4. 🎯 $110,800
5. 🎯 $108,700
🛑 Stop Loss:
$120,600 (Above previous wick & structure)
📊 Technical Breakdown:
⚠️ Bearish RSI Divergence still active
📉 Clean breakdown from $118,350 with strong red candle
📊 Volume favors continued downside
🧱 Next major support: $114,300
🚨 Pro Tip:
Unless BTC reclaims $118,350 with strong volume, expect deeper downside. 📉 Watch for reaction at TP2 zone for potential bounce!
#BTC #Bitcoin #BearishTrend #CryptoAnalysis #ShortSetup
Trump's latest statement on Elon Musk is definitely a breath of fresh air.🧐
By confirming he has no plans to cut subsidies for Musk's companies, like Tesla and SpaceX, and instead wants them to "THRIVE like never before", it's clear Trump is taking a pro-business stance 🚀.
This move seems to alleviate concerns over government support for Musk's ventures.
The big question is, is this purely a pro-business move or a strategic political play 🧐?
While we can't read Trump's mind, his emphasis on making U.S. businesses thrive suggests he's prioritizing economic growth.
There have been past rumors about Trump and Musk discussing significant federal spending cuts, but Trump's latest assurance to Musk indicates he's choosing to support key players in the U.S. economy right now.
What do you think? Is this a genuine pro-business stance or a clever political strategy?
IDEX Token Surges 31% After Xchain Layer 2 Launch on Polygon, Margin Update Fuels Momentum
IDEXUSDT experienced a significant 24-hour price increase of 31.48%, rising from 0.01960 to 0.02577 USDT. This surge is primarily attributed to heightened trading activity following the launch of IDEX's 'Xchain' Layer 2 network on Polygon, which has generated positive sentiment and increased market participation. Additionally, anticipation surrounding the upcoming margin update scheduled for July 25 may have contributed to the recent bullish momentum. Technical analysis indicates a bullish reversal pattern, supported by increased trading volume and a breakout above key resistance levels, although some indicators suggest potential for short-term correction due to volatility.
Currently, IDEXUSDT is trading at 0.02577 USDT with a 24-hour trading volume ranging from $4.89 million to $51.93 million, a market capitalization between $18.05 million and $23.61 million, and a circulating supply of approximately 959.59 million tokens out of a total supply of 1 billion.
💰 $M /USDT
🔽 SHORT
✳️ ENTRY - 3355, 3450
🎯 TARGETS - 3325, 3290, 3242, 3199, 3130, 3000, 2800
🀄️ LEVERAGE - cross 20x
🔴 STOPLOSS - 3660