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12 Cheap Cryptos Under US$1 Worth a Look !!!
There are various affordable cryptocurrencies under $1 worth considering amid the positive crypto market speculation, driven by the increasing likelihood of SEC approving several Spot Bitcoin ETF proposals in January 2024 and the anticipated Bitcoin Halving around mid-2024. The Fed is also expected to maintain a dovish stance in this month's FOMC, likely keeping benchmark interest rates steady.As we approach the end of the year, the altcoin market is bustling with activity. Many cryptocurrencies under $1 are gaining momentum, making December 2023 an ideal time to carefully monitor these promising assets. Amid the plethora of affordable cryptocurrencies available, it's crucial to filter out the noise and focus on those with solid fundamentals and a growing ecosystem.This article will explore several leading altcoins, including XRP, Cardano (ADA), Dogecoin (DOGE), Shiba Inu (SHIB), Stellar (XLM), Vechain (VET), The Graph (GRT), Algorand (ALGO), Cronos (CRO), Tezos (XTZ), KAVA, and IOTA. These affordable cryptocurrencies are not only budget-friendly but also possess strong utility and vibrant communities.Affordable cryptocurrencies XRP, XLM, and CRO serve as pioneers in the payment space. XRP, being the oldest among them at the time of this article, is trading around $0.614 with a market capitalization of $33.09 billion. It stands out for its potential to decentralize payments and provide a viable alternative to mainstream options. With regulatory clarity in the U.S. and growing institutional adoption, XRP's affiliation with XRPL enhances its prospects, especially after Ripple Labs recently secured a partial victory against the SEC in the U.S.Stellar (XLM), sharing a similar value proposition with XRP, is currently priced at $0.1201 with a market capitalization of $3.37 billion. Meanwhile, CRO, affiliated with Crypto.com, trades at $0.09081 and has a market capitalization of $3.37 billion. These affordable cryptocurrencies, with their stability and growth potential, may be worth considering for long-term investment.ADA, SHIB, and ALGO showcase diverse use cases.Cardano (ADA), known for its high development activity and impressive innovation, stands as a Layer-1 blockchain with the potential to compete with Ethereum. Priced at $0.3871, it holds a market capitalization of $13.66 billion. ADA is renowned for its enthusiastic community and continuous progress.Shiba Inu (SHIB), transitioning from a meme coin to a smart contract hub, is valued at $0.000008377 with a market capitalization of $4.94 billion. This evolution underscores its future potential. Algorand (ALGO), despite a volatile start to the year, has transformed its situation. Currently priced at $0.1425 with a market capitalization of $1.14 billion, it's worth monitoring, especially as it recently entered India to expand its influence.Affordable cryptocurrencies DOGE, VET, and GRT.Dogecoin (DOGE), one of the oldest cryptocurrencies and still considered an affordable option, has a history dating back to 2013. Currently valued at $0.08398 with a market capitalization of $11.93 billion, DOGE has showcased what a meme coin can achieve.Supported by the world's richest entrepreneur, Elon Musk, Dogecoin has a dedicated investor community. There are no limits to what DOGE can achieve in the long term. Notably, there are reports that in January 2024, the mini DOGE-1 satellite will be launched and will orbit the moon. This planned satellite, announced in 2021, is set to be launched with a rocket from SpaceX.XTZ (Tezos), KAVA, and IOTA are pioneers in innovation and partnerships.Tezos (XTZ), known for its functional and unique PoS protocol and strong partnerships, is currently valued at $0.8545 with a market capitalization of $821.95 million. Tezos is renowned for its upgradeable blockchain.KAVA might be a relatively less familiar name compared to the mentioned altcoins, but it offers a distinctly different ecosystem within the Cosmos network. This affordable cryptocurrency is in the range of $0.8547 with a market capitalization of $777.19 million, and its scalable protocol makes it a promising token to keep an eye on.Disclaimer : Dyor, Nfa#cryptocurrency #crypto2023 #Altcoins #BinanceSquare #Follow
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Reveals 10 Top Altcoins To Watch This Week, Will Pump ?!
The altcoin market has seen a revived surge in confidence, thanks to the leading cryptocurrency, Bitcoin. This renewed optimism has led to a bullish trend across the top 100 cryptocurrencies, all influenced by Bitcoin's resurgence.Nevertheless, the market is currently undergoing a correction as Bitcoin and Ethereum encounter setbacks in breaking upper resistance levels. Despite this adjustment, analyst Miles Deutscher provides insights, pointing out various altcoins that could potentially see substantial gains.SOL Stands out as a secure haven amidst the correction in the cryptocurrency market.Solana has shown impressive expansion amid a general market correction. Recording a 0.5% increase in the last 24 hours, SOL's potential for additional upward movement is noteworthy.According to Deutscher, SOL might continue to capitalize on the ongoing shift of investments from alternative Layer-1 solutions such as Avalanche (AVAX) and Fantom (FTM).Thorchain (RUNE) has witnessed a notable upward trend, prompting investors to consider purchasing during substantial corrections. The primary decentralized exchange (DEX) on Thorchain, THOR, has also displayed positive movement, reinforcing its growth potential.Polygon (MATIC) has recently demonstrated strength, sparking discussions in the crypto community regarding a potential zero-knowledge (ZK) narrative. If this narrative materializes, MATIC, as a prominent player, could attract significant positive attention.In the context of the ZK narrative, altcoins like Dusk Network (DUSK), Loopring (LRC), and Mina Protocol (MINA) stand to benefit. Deutscher suggests that each altcoin brings unique strengths and value propositions, and their performance hinges on the robustness of the emerging ZK narrative.Soteria (SEI) has garnered notice by entering the top 10 for volume traded by pairs on Upbit. Regarded as a "new coin," SEI shares fundamentals akin to the next altcoin on the watchlist.Tidal Finance (TIA) is a relatively recent token reminiscent of the early days of Aptos (APT). The market tends to favor novel and innovative tokens, and while TIA's rally may be tempering, it still carries significant potential. With a current market capitalization of $700 million, TIA presents an intriguing opportunity for investors.Disclaimer on : Do your own research, Not financial Advice#solana #BTC #cryptocurrency #crypto2023 #Follow
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The United States financial authority, the Securities and Exchange Commission (SEC), will reportedly reject all Bitcoin Spot ETF applications. This is what made the crypto market red today
Matrixport analyst Markus Thielen said this happened because there were important criteria that were considered ineligible. According to him, the SEC sees that crypto still needs more precise regulation before there is a Spot Bitcoin ETF.
If this happens, he predicts massive liquidations worth billions of dollars will occur in the crypto market. He also predicts that the price of Bitcoin will fall to the level of US$36 thousand-US$38 thousand.
On the other hand, the crypto market is currently red. In fact, 8 out of 10 coins with the largest market capitalization in the world went red, from Bitcoin, Ethereum, Solana, Cardano, to Dogecoin.
Matrixport analyst Markus Thielen said this happened because there were important criteria that were considered ineligible. According to him, the SEC sees that crypto still needs more precise regulation before there is a Spot Bitcoin ETF.
If this happens, he predicts massive liquidations worth billions of dollars will occur in the crypto market. He also predicts that the price of Bitcoin will fall to the level of US$36 thousand-US$38 thousand.
On the other hand, the crypto market is currently red. In fact, 8 out of 10 coins with the largest market capitalization in the world went red, from Bitcoin, Ethereum, Solana, Cardano, to Dogecoin.
5 Potential Altcoins Worth Watching in 2024 !!!
As 2023 draws to a close, it's time to prepare for the crypto market in 2024.
There are various events that the crypto community is looking forward to in 2024, one of which is the Bitcoin halving. The halving is expected to bring not only the price of Bitcoin, but also the price of other altcoins up.
This article discusses five potential altcoins in 2024 that have been researched from various data sources by Coinvest analysts. This article is for information and education purposes only, not investment advice.
Celestia (TIA)
Celestia is a modular blockchain crypto project, an innovative development of existing blockchains (monolithic blockchains). Modular blockchains are claimed to work more efficiently than monolithic blockchains such as Ethereum.
Not many modular blockchain projects exist today, and Celestia is the first in this sector. Just as Ethereum pioneered blockchain with smart contracts, Celestia is pioneering modular blockchain. So, this project is worthy of attention.
TIA coin holders can utilize their coins to earn passive income through staking with an annualized yield range (APR) of 16.98%. Staking can also be done on LSD protocols on Celestia networks such as MilkyWay, so that holders can use TIA in a liquid manner.
The TIA coin has risen about +500% from its post-airdrop listing price of around US$2 to a price of US$12. This shows that TIA holders' confidence in the project is high, even though airdrops usually cause selling pressure.
Arbitrum (ARB)
Arbitrum is a layer-2 project on the Ethereum network developed by the company Offchain Labs. Based on L2beat data, Arbitrum is the largest layer-2 in terms of total value locked (TVL), accounting for about 46% of the overall layer-2 TVL.
However, in terms of market capitalization, the ARB token is still below its closest competitor, Optimism (OP), with OP's market capitalization of US$3.44 billion while ARB is only US$2 billion.
In terms of Marketcap vs. TVL ratio, ARB's ratio value is somewhat smaller so that the current ARB price can be said to be undervalued. However, there is a large unlock event in March 2024 equivalent to US$1.47 billion which may make ARB's price correct. However, after this unlock, the price of ARB has the potential to be bullish.
Arbitrum is worth watching as it is undervalued against its competitors, and the layer-2 narrative with the EIP-4844 Proto Danksharding upgrade will make layer-2 cheaper and more efficient.
Ronin (RON)
Ronin is a sidechain of the Ethereum network focused on the GameFi ecosystem developed by Sky Mavis, the company behind the Axie Infinity game. The RON token is a gas fee token for transactions on the Ronin network.
GameFi seems to refuse to die from the 2022 bear market. As proof, from only having Axie Infinity in 2021, now the Ronin ecosystem has many other games such as: Pixels, Tribesters, Zoids Wild Arena, The Machines Arena, and Wild Forest.
One of its games, Pixels, is widely played with an average daily active wallet reaching 100 thousand wallets. With the return of GameFi, it is expected that there will be many in-game token transactions so that the demand for RON tokens will increase.
Pendle (PENDLE)
Pendle is a DeFi protocol with innovations in yield management through a tokenization process. What makes this platform interesting is that users can speculate on yields before they are paid out.
This allows users to earn extra yield without having to have large initial assets.
The year 2023 has been a good development year for Pendle with TVL consistently increasing from the beginning of 2023. In addition, Pendle brings several potential narratives in one platform, namely real world assets (RWA) and liquid staking tokens (LST) through products on its platform.
Radiant Capital (RDNT)
Radiant Capital is an omnichain lending platform on Arbitrum, Binance Chain, and Ethereum networks with RDNT as the protocol's governance rights token.
Radiant introduces a dynamic liquidity pool (dLP) mechanism that allows users to lock in dLP and earn protocol revenue returns.
Throughout 2023, Radiant Capital's TVL has increased significantly. Interestingly, Radiant's Marketcap vs. TVL ratio is only 0.19. When compared to lending protocols such as Aave with a ratio of 0.26 and Compound with a ratio of 0.44, the RDNT price is undervalued.
#crypto2023 #cryptocurrency #Altcoins #BinanceSquare #Follow
There are various events that the crypto community is looking forward to in 2024, one of which is the Bitcoin halving. The halving is expected to bring not only the price of Bitcoin, but also the price of other altcoins up.
This article discusses five potential altcoins in 2024 that have been researched from various data sources by Coinvest analysts. This article is for information and education purposes only, not investment advice.
Celestia (TIA)
Celestia is a modular blockchain crypto project, an innovative development of existing blockchains (monolithic blockchains). Modular blockchains are claimed to work more efficiently than monolithic blockchains such as Ethereum.
Not many modular blockchain projects exist today, and Celestia is the first in this sector. Just as Ethereum pioneered blockchain with smart contracts, Celestia is pioneering modular blockchain. So, this project is worthy of attention.
TIA coin holders can utilize their coins to earn passive income through staking with an annualized yield range (APR) of 16.98%. Staking can also be done on LSD protocols on Celestia networks such as MilkyWay, so that holders can use TIA in a liquid manner.
The TIA coin has risen about +500% from its post-airdrop listing price of around US$2 to a price of US$12. This shows that TIA holders' confidence in the project is high, even though airdrops usually cause selling pressure.
Arbitrum (ARB)
Arbitrum is a layer-2 project on the Ethereum network developed by the company Offchain Labs. Based on L2beat data, Arbitrum is the largest layer-2 in terms of total value locked (TVL), accounting for about 46% of the overall layer-2 TVL.
However, in terms of market capitalization, the ARB token is still below its closest competitor, Optimism (OP), with OP's market capitalization of US$3.44 billion while ARB is only US$2 billion.
In terms of Marketcap vs. TVL ratio, ARB's ratio value is somewhat smaller so that the current ARB price can be said to be undervalued. However, there is a large unlock event in March 2024 equivalent to US$1.47 billion which may make ARB's price correct. However, after this unlock, the price of ARB has the potential to be bullish.
Arbitrum is worth watching as it is undervalued against its competitors, and the layer-2 narrative with the EIP-4844 Proto Danksharding upgrade will make layer-2 cheaper and more efficient.
Ronin (RON)
Ronin is a sidechain of the Ethereum network focused on the GameFi ecosystem developed by Sky Mavis, the company behind the Axie Infinity game. The RON token is a gas fee token for transactions on the Ronin network.
GameFi seems to refuse to die from the 2022 bear market. As proof, from only having Axie Infinity in 2021, now the Ronin ecosystem has many other games such as: Pixels, Tribesters, Zoids Wild Arena, The Machines Arena, and Wild Forest.
One of its games, Pixels, is widely played with an average daily active wallet reaching 100 thousand wallets. With the return of GameFi, it is expected that there will be many in-game token transactions so that the demand for RON tokens will increase.
Pendle (PENDLE)
Pendle is a DeFi protocol with innovations in yield management through a tokenization process. What makes this platform interesting is that users can speculate on yields before they are paid out.
This allows users to earn extra yield without having to have large initial assets.
The year 2023 has been a good development year for Pendle with TVL consistently increasing from the beginning of 2023. In addition, Pendle brings several potential narratives in one platform, namely real world assets (RWA) and liquid staking tokens (LST) through products on its platform.
Radiant Capital (RDNT)
Radiant Capital is an omnichain lending platform on Arbitrum, Binance Chain, and Ethereum networks with RDNT as the protocol's governance rights token.
Radiant introduces a dynamic liquidity pool (dLP) mechanism that allows users to lock in dLP and earn protocol revenue returns.
Throughout 2023, Radiant Capital's TVL has increased significantly. Interestingly, Radiant's Marketcap vs. TVL ratio is only 0.19. When compared to lending protocols such as Aave with a ratio of 0.26 and Compound with a ratio of 0.44, the RDNT price is undervalued.
#crypto2023 #cryptocurrency #Altcoins #BinanceSquare #Follow
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Bitcoin, the digital currency with the largest market capitalization in the world, fluctuates in price within a week. Reported by Coinmarketcap, Wednesday (27/12), the price fell by 2.88% in the last weeks of 2023.
The price, in fact, touched US$41,676 yesterday, Tuesday (26/12). This happened because investors took profit at the end of the year, which made it difficult for prices to rise.
This action is reflected in the number of Bitcoin transactions which touched an all-time high of 633 thousand and a trading volume of US$28 billion. As a result, there was liquidation of up to US$44 million, US$38 million of which was in the short position and US$6 million in the long position.
#bitcoin #BTC🔥🔥 #cryptocurrency #crypto2023 #Follow
The price, in fact, touched US$41,676 yesterday, Tuesday (26/12). This happened because investors took profit at the end of the year, which made it difficult for prices to rise.
This action is reflected in the number of Bitcoin transactions which touched an all-time high of 633 thousand and a trading volume of US$28 billion. As a result, there was liquidation of up to US$44 million, US$38 million of which was in the short position and US$6 million in the long position.
#bitcoin #BTC🔥🔥 #cryptocurrency #crypto2023 #Follow
Lets talk about SEI ECOSYSTEM🚢
@SeiNetwork #fastestlayer1
Its about my personal experience
First from Wallet 💸:
There so many wallet who support Sei chain , but as far as i try i most used
1. @keplrwallet
2. @leap_cosmos
3. @coin98_wallet
This is my own pict about sei ecosystem
#sei #SEINetwork #cryptocurrency #crypto2023 #Follow
@SeiNetwork #fastestlayer1
Its about my personal experience
First from Wallet 💸:
There so many wallet who support Sei chain , but as far as i try i most used
1. @keplrwallet
2. @leap_cosmos
3. @coin98_wallet
This is my own pict about sei ecosystem
#sei #SEINetwork #cryptocurrency #crypto2023 #Follow
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The Federal Reserve, the central bank of the United States, is known to maintain its benchmark interest rate at 5.25%-5.5%. This is done to maintain inflation stability and labor absorption in Uncle Sam's country.
Bitcoin also responded to this policy and its price has reached US$42 thousand. Not only that, Ethereum has also experienced an increase and is currently at US$2,274 per chip or up 0.6% in the last 24 hours.
On the other hand, crypto market players have been waiting for this policy. The reason is, historically Bitcoin has been sensitive to the Fed's policies, the lower the interest rate, the higher this coin will fly. The lower the interest rate, the higher the turnover, the higher the funds going into crypto.
#bitcoin #crypto2023 #cryptocurrency #BinanceSquare #Follow $BTC
Bitcoin also responded to this policy and its price has reached US$42 thousand. Not only that, Ethereum has also experienced an increase and is currently at US$2,274 per chip or up 0.6% in the last 24 hours.
On the other hand, crypto market players have been waiting for this policy. The reason is, historically Bitcoin has been sensitive to the Fed's policies, the lower the interest rate, the higher this coin will fly. The lower the interest rate, the higher the turnover, the higher the funds going into crypto.
#bitcoin #crypto2023 #cryptocurrency #BinanceSquare #Follow $BTC
Bitcoin is set to break its latest All-Time High by touching US$80,000 per piece next year. This projection is based on stablecoin transactions that will overtake the world's payment giant, Visa.
For information, in the third quarter of this year alone stablecoin transactions have touched US$5 trillion. While Visa's transactions are in the US $ 9 trillion position.
"Stablecoins are one of the crypto 'killer apps', growing from effectively zero to a $137 billion market in the last four years, and we think 2024 will be a big growth year," tweeted Bitwise Researcher Ryan Rasmussen on X on Wednesday (13/12).
Bitwise is not alone, Circle CEO Jeremy Allaire also said that demand for stablecoins will increase in the coming years.
#bitcoin #crypto2023 #cryptocurrency #BinanceSquare #Follow
For information, in the third quarter of this year alone stablecoin transactions have touched US$5 trillion. While Visa's transactions are in the US $ 9 trillion position.
"Stablecoins are one of the crypto 'killer apps', growing from effectively zero to a $137 billion market in the last four years, and we think 2024 will be a big growth year," tweeted Bitwise Researcher Ryan Rasmussen on X on Wednesday (13/12).
Bitwise is not alone, Circle CEO Jeremy Allaire also said that demand for stablecoins will increase in the coming years.
#bitcoin #crypto2023 #cryptocurrency #BinanceSquare #Follow
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BONK Token Rises 1000% In A Month and Touches ATH, Community Is Key!!!
Bonk token is attracting attention today with a rise of more than 100% in the last 24 hours. The price jumped from US$0.000015 to US$0.00003416, setting a record high in history. When this article was published, BONK was trading at US$0.00003117. The rise in value of the BONK token has pushed its market capitalization to two billion USD, ranking it 42nd by market capitalization, ahead of Mantle, Render, and AAVE. One factor that may have triggered this latest increase is BONK's inclusion in spot trading on Binance. On December 15, Binance announced the opening of BONK trading with trading spot pairs, namely BONK/USDT, BONK/FDUSD, and BONK/TRY. BONK LIST BINANCE Starting December 16, BONK withdrawals will be available, and the listing fee will be eliminated at 0 BNB. Additionally, Binance has plans to add BONK as a borrowable asset in its Isolated Margin program on December 17. Although BONK has been listed on the Binance platform, users are reminded that this token carries higher risks and may experience high price volatility. Binance emphasized the importance of implementing careful risk management, conducting fundamental research regarding BONK, and understanding the project before deciding to trade. Apart from Binance, Coinbase has also incorporated BONK into its platform, providing additional support for the increase in the value of this token. Disclaimer On : DYOR, NFA#bitcoin #cryptocurrency #crypto2023 #BONK #Follow
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FTX and Alameda Research are known to have transferred assets worth US$23.59 million or the equivalent of Rp. 384 billion. The transferred assets are in various types of crypto such as 3,150 Ether to 59.6 million Aleph.
Blockchain analyst Spot On Chain reported that the accumulated transfers had amounted to IDR 9.22 trillion. Total assets that have been transferred as of August 24 to various exchanges such as Binance, Coinbase, and OKEx.
For your information, FTX has indeed been ordered to recover investor assets. The reason is, the exchange is known to carry out money laundering, crypto theft, and securities fraud.
Blockchain analyst Spot On Chain reported that the accumulated transfers had amounted to IDR 9.22 trillion. Total assets that have been transferred as of August 24 to various exchanges such as Binance, Coinbase, and OKEx.
For your information, FTX has indeed been ordered to recover investor assets. The reason is, the exchange is known to carry out money laundering, crypto theft, and securities fraud.
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The government of El Salvador, a country in Central America, is increasingly rolling out the red carpet for anyone who wants to invest in Bitcoin in their country. Most recently, El Salvador promised to provide citizenship to those who are able to invest US$1 million or the equivalent of Rp. 15 billion in BTC.
This figure is considered very high. The reason is, the United States only sets a price of US$100 thousand or the equivalent of Rp. 1.5 billion. This program is the result of collaboration with Tether and is given the name 'El Salvador Freedom Visa'.
This program is certainly nothing new. Vanuatu, a country in the Pacific Ocean, has done the same thing and is claimed to generate millions of dollars every year through the 'Citizenship-by-Investment Program'.
#bitcoin #crypto2023 #cryptocurrency #BinanceSquare #Follow
This figure is considered very high. The reason is, the United States only sets a price of US$100 thousand or the equivalent of Rp. 1.5 billion. This program is the result of collaboration with Tether and is given the name 'El Salvador Freedom Visa'.
This program is certainly nothing new. Vanuatu, a country in the Pacific Ocean, has done the same thing and is claimed to generate millions of dollars every year through the 'Citizenship-by-Investment Program'.
#bitcoin #crypto2023 #cryptocurrency #BinanceSquare #Follow
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JPMorgan CEO Jamie Dimon Chase Strictly Criticizes Bitcoin!!!
JPMorgan Chase CEO Jamie Dimon, in his recent statements to the US Senate Banking Committee, has reinforced his critical views on cryptocurrencies, including Bitcoin. Dimon responded to a question from Massachusetts Senator Elizabeth Warren, who claimed North Korea had funded much of its missile program using “crypto crime proceeds” in addition to funding Hamas. She argued that these digital assets serve illegal activities, such as money laundering and funding for terrorist activities. Dimon suggested that if he had government power, he would choose to shut down the crypto sector. “The real use cases [of crypto] are criminals, drug dealers, money laundering, tax evasion,” Dimon told lawmakers during a Senate Banking Committee hearing on Wednesday. Dimon Calls Bitcoin a Fraud Dimon's scathing comments on crypto and Bitcoin are not the first time this has happened, Previously in 2017 he even called Bitcoin a fraud and criticized his son for buying the asset. He has also questioned whether Bitcoin's supply will be limited to 21 million coins, saying: “It will probably hit 21 million and Satoshi's image will come out and laugh at you all.” Despite criticizing Bitcoin and decentralized cryptocurrencies, Dimon praised the underlying technology and his bank has used blockchain for projects such as JPM Coin, a digital coin that runs on a permissioned blockchain (a distributed ledger that is not publicly accessible like Ethereum or Bitcoin. Meanwhile, Dimon's opinion quickly sparked a reaction in the crypto community at X. They highlighted how many times JP Morgan and other banks have been fined by regulators for breaking the rules. The community also firmly rejects Bitcoin being used by criminals, highlighting the fact that Bitcoin, in particular, operates on a transparent ledger and transactions can be easily traced. Several government officials in the past , most notably former CIA Director Michael Morell, argue that Bitcoin is actually a “godsend” for law enforcement, given how transparent it is.#bitcoin #crypto2023 #cryptocurrency #Follow #BinanceSquare
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Bitcoin has now recovered from the biggest scam in the crypto market that occurred during the bear market.
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ETH price can reach US$2,200
Ethereum managed to stay above US$2,000 for three consecutive days since November 28, 2023. The price managed to break through the US$2,055 resistance zone. This price coincided with the price chart breaking above the main contraction triangle. Interestingly, the price of US$2,055 also coincides with the 50% Fibonacci resistance level.
On the upside, the price faces resistance around US$2,095 or the 76.4% Fibonacci level. The first key resistance is around the US$2,100 level followed by the next resistance located at US$2,120. A clear movement above the US$2,120 level has the opportunity to push the price towards the US$2,200 resistance zone.
However, it should be noted that as of the writing of this article (1/12/23), the RSI indicator shows the number 74.38 which in theory is an overbought signal. Therefore, there is a possibility of a correction first to the level of US$2,075, and continuing the increase after that.
If Ethereum fails to break the US$2,100 resistance, this may signal another decline. Initial support on the downside is at the US$2,055 level. The main support is around US$2,000. A break below US$2,000 would probably result in a further decline to the key support level around US$1,920.
Disclaimer on : Dyor, Nfa
#Etherium #ETH #crypto2023 #cryptocurrency #Follow
Ethereum managed to stay above US$2,000 for three consecutive days since November 28, 2023. The price managed to break through the US$2,055 resistance zone. This price coincided with the price chart breaking above the main contraction triangle. Interestingly, the price of US$2,055 also coincides with the 50% Fibonacci resistance level.
On the upside, the price faces resistance around US$2,095 or the 76.4% Fibonacci level. The first key resistance is around the US$2,100 level followed by the next resistance located at US$2,120. A clear movement above the US$2,120 level has the opportunity to push the price towards the US$2,200 resistance zone.
However, it should be noted that as of the writing of this article (1/12/23), the RSI indicator shows the number 74.38 which in theory is an overbought signal. Therefore, there is a possibility of a correction first to the level of US$2,075, and continuing the increase after that.
If Ethereum fails to break the US$2,100 resistance, this may signal another decline. Initial support on the downside is at the US$2,055 level. The main support is around US$2,000. A break below US$2,000 would probably result in a further decline to the key support level around US$1,920.
Disclaimer on : Dyor, Nfa
#Etherium #ETH #crypto2023 #cryptocurrency #Follow
Is it worth buying crypto now? 💸
Prices plunged in 2022, so if you are planning to invest in crypto, it's important to go into it with your eyes open. Cryptocurrency is an extremely high risk investment, so don't invest unless you're prepared to lose all the money. You are unlikely to be protected if something goes wrong.
👀 keep your eyes on investment
Disclaimer : Dyor, Nfa
#cryptonews #cryptocurrency #crypto2023 #Follow #BTC
Prices plunged in 2022, so if you are planning to invest in crypto, it's important to go into it with your eyes open. Cryptocurrency is an extremely high risk investment, so don't invest unless you're prepared to lose all the money. You are unlikely to be protected if something goes wrong.
👀 keep your eyes on investment
Disclaimer : Dyor, Nfa
#cryptonews #cryptocurrency #crypto2023 #Follow #BTC
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AKASH POTENTIAL TO BE LISTED ON BINANCE ?!
AKASH
What is Akash coin?
Akash Network Token (AKT) is the native utility token of Akash Network. AKT is used as the primary means to govern the network, secure the blockchain, incentivize participants, and provide a default mechanism to store and exchange value.
Coin that has the potential to be listed on Binance in my opinion.
Akash Network is like a supercomputer that introduces a new way of using cloud computing. They use blockchain technology to create a market cloud that everyone can access. So, you can use cloud computing quickly, cost-effectively, and hassle-free.
They also sell GPUs using Blockchain technology.
Then what's the use?
It's for infrastructure, for example to run the AI Image generator,
Akash is already available on some markets, is it going to binance next?
Disclaimer : Dyor, Nfa
#akash #BTC #crypto2023 #cryptocurrency #Follow
What is Akash coin?
Akash Network Token (AKT) is the native utility token of Akash Network. AKT is used as the primary means to govern the network, secure the blockchain, incentivize participants, and provide a default mechanism to store and exchange value.
Coin that has the potential to be listed on Binance in my opinion.
Akash Network is like a supercomputer that introduces a new way of using cloud computing. They use blockchain technology to create a market cloud that everyone can access. So, you can use cloud computing quickly, cost-effectively, and hassle-free.
They also sell GPUs using Blockchain technology.
Then what's the use?
It's for infrastructure, for example to run the AI Image generator,
Akash is already available on some markets, is it going to binance next?
Disclaimer : Dyor, Nfa
#akash #BTC #crypto2023 #cryptocurrency #Follow
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Get to know Richard Teng, the new CEO of Binance from Singapore
Changpeng Zhao, officially resigned as CEO of Binance following the legal case against him. In his post on X, Zhao introduced the new CEO of Binance, Richard Teng.
According to Zhao, Teng is a highly qualified leader and will ensure Binance realizes its next phase of security, transparency, compliance and growth.
Richard Teng joined Binance in 2021, this man from Singapore served as CEO of Binance Singapore from August to December 2021.
Within five months in that position, he received a promotion to regional head of Binance for the Middle East and North Africa (MENA) region for the 2021-2022 period.
After 11 months of carrying out this task, his responsibilities increased by managing the European region from 2022 to 2023, in the end he held responsibility for Binance in all regions except the US, before officially becoming CEO of Binance in November 2023.
Changpeng Zhao, officially resigned as CEO of Binance following the legal case against him. In his post on X, Zhao introduced the new CEO of Binance, Richard Teng.
According to Zhao, Teng is a highly qualified leader and will ensure Binance realizes its next phase of security, transparency, compliance and growth.
Richard Teng joined Binance in 2021, this man from Singapore served as CEO of Binance Singapore from August to December 2021.
Within five months in that position, he received a promotion to regional head of Binance for the Middle East and North Africa (MENA) region for the 2021-2022 period.
After 11 months of carrying out this task, his responsibilities increased by managing the European region from 2022 to 2023, in the end he held responsibility for Binance in all regions except the US, before officially becoming CEO of Binance in November 2023.
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This is cool, $ZEPH on CoinMarketCap was just yesterday, but it's already up 40X from September! 👀 Zephyr Protocol has a very unique way of managing its assets:
▪️ There is a triple asset model: $ZEPH (real currency), $ZSD (USD-like stable coin), and $ZRS (reserve token).
▪️ They use Monero code for privacy and stability features.
▪️ Don't spontaneously create base coins, so stabilize $ZSD through scheduled emissions from $ZEPH.
▪️ Very different from fiat stable coins in terms of structure, issuance process, decentralization and transparency.
▪️ The protocol opens global access without regional restrictions or regulations.
▪️ @zephyr_org is in the private net test stage, already 90% complete, wants to go to the public net test stage as soon as possible.
▪️ The long-term steps are: revolutionize the stable coin industry, promote anonymous transactions, and make $ZSD a pair.
#cryptocurrency #crypto2023 #BTC #bitcoin #Follow
▪️ There is a triple asset model: $ZEPH (real currency), $ZSD (USD-like stable coin), and $ZRS (reserve token).
▪️ They use Monero code for privacy and stability features.
▪️ Don't spontaneously create base coins, so stabilize $ZSD through scheduled emissions from $ZEPH.
▪️ Very different from fiat stable coins in terms of structure, issuance process, decentralization and transparency.
▪️ The protocol opens global access without regional restrictions or regulations.
▪️ @zephyr_org is in the private net test stage, already 90% complete, wants to go to the public net test stage as soon as possible.
▪️ The long-term steps are: revolutionize the stable coin industry, promote anonymous transactions, and make $ZSD a pair.
#cryptocurrency #crypto2023 #BTC #bitcoin #Follow
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