Top unlocks for the upcoming week: Cheelee - $43.12M STEPN | theanabioz on Binance Square

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Top unlocks for the upcoming week:Cheelee - $43.12M
STEPN - $28.34M
Ethereum Name Service - $13.00M
KAP Games - $10.18M
Myria - $6.91M
ChainGPT - $6.56M
Hashflow - $5.29M

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📍llkThe market has entered an irrational phase, where arguments abound, but the momentum is driven more by hindsight. At the beginning of the year, there were many reasons to target $60,000 for BTC, with optimism around a vitalizing ETF and a Federal Reserve rate cut. The discussions included miners and hash rates, yet the market didn't surge as it does now. In the current phase, it seems arguments are unnecessary; it's simply about buying. The Coinbase glitch likely triggered yesterday's Flash Crash. However, users on Binance, ByBit, and OKX may not have experienced the same intensity seen on smaller exchanges, especially decentralized ones offering leveraged trading. In DEX platforms where oracles and liquidity pools shape the market, significant drops occurred; PEPE fell by 70%, MINA by 64%, and many others suffered. Trading halts with peculiar rules added complexity. DEX incidents bring to mind traditional exchanges like the Moscow Exchange (MMVB) with its "planks" and manual interventions. Amid squeezes, order chaos, oracle errors, predicting all scenarios in a smart contract becomes challenging. ✔️News Macroeconomics currently seems irrelevant to the cryptocurrency market. Positive inflation statistics had no impact, whereas the stock market reacted positively to similar data. The major SHIDO hack resulted in scammers taking almost half of the project's tokens, causing an immediate 95% drop in its value. ✔️Baseline Scenario Anticipate growth to historical BTC highs, followed by a substantial correction. ✔️Today's Long Ideas Meme coins, including longstanding GameFI tokens like MANA and SAND, might be among the first to undergo corrections. Yesterday's idea for Solana was excellent, but given the powerful squeeze, holding stops might be challenging. Today's suggestion: Buy BLZ Break-even at $0.415, Stop at $0.33447, Take-profit at $0.48103. Not a trading recommendation. #cryptoreview

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Summary of the cryptocurrency market 26.02.2024 📍ETH showed significant growth, with Justin Sun (founder of Tron) purchasing over $47 million worth of ETH this week. BTC continues to experience outflows from exchanges, with remaining BTC on exchanges at the lowest levels in 2022 – typically a bullish signal as holders prefer keeping BTC in wallets. Altcoins exhibited high volatility today, creating a favorable environment for speculation. Worldcoin is approaching a $100 billion market capitalization. Derivatives open interest is soaring, but due to a strong AI trend, a shoulder reset is anticipated. Open interest exceeds $300 million, potentially leading to a sharp 10-15% surge or a 15-20% correction. BLUR surged recently amid expectations of increased marketplace fee sharing with BLUR token holders and the upcoming Blast launch related to BLUR. The $0.85 mark poses a significant resistance level. ✔️ News: Uniswap awaits SEC reaction to its fee initiative, noting that Uniswap is registered in the USA. The upcoming week may see a slowdown in UNI growth. ✔️ Base Scenario: Expecting BTC at $51,000 and ETH below $3,000 tomorrow. Selective altcoins may continue hitting new highs. Attention should shift to local stories to understand the drivers behind the growth. ✔️ Today's Long: NEAR demonstrated strong weekend growth and is likely to outperform the market next week. ARB-related projects will announce news, making ARB a better choice. ✔️ Short: Closed API3 short at a breakeven stop. Holding a FIL short with a small loss, involving partial closure and additional purchases within specified levels. ✔️ Today's Idea: Short AR when reaching $16.709, move stop to breakeven at $15.2, stop at $18.254 (beyond November 2023 high), take-profit at $13.812. Not a trading recommendation. #cryptoreview #market

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CoinGecko has calculated the optimal time for selling airdrop tokens.

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Tom Lee, co-founder of the analytical firm Fundstrat, predicts that by the end of 2024, the price of Bitcoin will reach $150,000. He expressed this opinion in an interview with CNBC. According to Lee, despite the near-term prospects that do not anticipate corrections in the cryptocurrency market, in the long term, he reaffirms his January forecast for Bitcoin, stating that digital gold will reach $500,000 within a five-year period. He also emphasizes that Bitcoin is reliable money, proving its usefulness as a store of value and a risky asset that remains incredibly secure12. In 2024, the quotes for the first cryptocurrency are expected to reach the $150,000 mark, as predicted by Tom Lee, co-founder of the analytical firm Fundstrat. Lee explains that factors such as ETF demand, halving reducing supply, and monetary policy easing support risky assets and Bitcoin. He also reiterates his long-term forecast of Bitcoin reaching $500,000 within five years. Lee underscores that Bitcoin is reliable money and serves as an excellent store of value while remaining remarkably secure. Notably, there has not been a single fraudulent transaction on the blockchain since the creation of the first cryptocurrency. Earlier, Matrixport analysts predicted Bitcoin’s rise to $63,000 in March, and Pantera Capital specialists forecasted digital gold at $147,000 in 2025. Bitcoin pioneer Tuur Demeester speculated that by 2026, the first cryptocurrency would reach the $600,000$BTC

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The volume of non-fungible tokens (NFTs) sold on the Solana network has reached a milestone of $5 billion over its entire history. Of this, $217 million was traded in the last 30 days, according to CryptoSlam. December 2023 became the second-highest month in NFT sales volume on Solana’s history, following October 2021 with sales of $365 million and $373 million, respectively. According to CryptoSlam, the network has seen over 2.2 million buyers and 1.6 million sellers of NFTs. The total number of NFT transactions has exceeded 43 million. These metrics surged at the end of 2023 due to the growth of the Solana cryptocurrency, which reached above $118. As of now, the SOL token is trading at $102, and the project’s market capitalization stands at $45 billion, according to CoinGecko. In early 2024, the daily transaction volume on the Solana blockchain surpassed $40 billion, reaching the highest level since October 2022. It’s worth noting that on February 6, there was another network outage. Experts attributed these periodic issues to the blockchain’s inability to handle the growing transaction volume.

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