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Open Trade
High-Frequency Trader
2.5 Years
I'm giving my best to share my experience and thoughts about daily trading. I'll provide you future trade signals every day.But I'm not your financial advisor.
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Referral Code for HAHM: yjblbdxblm
link : https://hahm.cc/auth/register/yjblbdxblm
$BTC Technical Analysis
$BTC
1. Price Action and Trend
Recent Drop: BTC experienced a sharp decline from around $95,733 to a low of $93,600, indicating strong selling pressure.
Current Price: It’s currently trying to stabilize around $93,980, showing a slight rebound attempt.
Candlestick Pattern: The recent long red candles suggest panic selling, but the small green candle indicates some buying support.
2. Moving Averages (MA)
MA(7): $94,554.89 (Yellow) — Price is trading below the 7-period moving average, signaling short-term bearish momentum.
MA(25): $94,966.67 (Pink) — Price is also below the 25-period MA, suggesting a medium-term bearish trend.
MA(99): $95,810.96 (Purple) — The price being below the 99-period MA signals long-term bearish sentiment.
Conclusion from MAs: The downtrend remains intact unless BTC can reclaim the MA(7) and MA(25) levels.
---
3. RSI (Relative Strength Index)
Current RSI: 15.50 — The RSI is extremely oversold (below 30), indicating that selling pressure might be overextended and a short-term bounce could occur.
Interpretation: While a bounce is possible due to oversold conditions, it does not guarantee a trend reversal.
---
4. MACD (Moving Average Convergence Divergence)
DIF: -181.99, DEA: -45.98, MACD: -136.02 — The MACD is in negative territory, with the histogram showing strong bearish momentum.
Signal Line Cross: The MACD line is significantly below the signal line, indicating that bearish momentum is still dominant.
Conclusion from MACD: Bearish trend remains strong, and recovery might take time.
---
5. Volume
There was a significant spike in volume during the sell-off, showing strong participation in the downward move.
Current smaller green volume bar suggests buyers are attempting to step in, but confidence is still weak.
---
Prediction & Key Levels
1. Support Level: $93,600 — If BTC breaks below this level again, further downside could test the next support around $92,000.
2. Resistance Level: $94,550 (MA(7)) — If BTC can reclaim this level, it might attempt to retest $95,733.
Short-Term Outlook:
A small bounce might occur due to oversold RSI, but unless BTC reclaims the $94,550 level, the bearish trend will likely continue.
Watch for confirmation signals like stronger green candles with rising volume and a crossover in the MACD.
Risk Management Note: Always use stop-
loss orders, and be cautious when trading against strong bearish trends.
1. Price Action and Trend
Recent Drop: BTC experienced a sharp decline from around $95,733 to a low of $93,600, indicating strong selling pressure.
Current Price: It’s currently trying to stabilize around $93,980, showing a slight rebound attempt.
Candlestick Pattern: The recent long red candles suggest panic selling, but the small green candle indicates some buying support.
2. Moving Averages (MA)
MA(7): $94,554.89 (Yellow) — Price is trading below the 7-period moving average, signaling short-term bearish momentum.
MA(25): $94,966.67 (Pink) — Price is also below the 25-period MA, suggesting a medium-term bearish trend.
MA(99): $95,810.96 (Purple) — The price being below the 99-period MA signals long-term bearish sentiment.
Conclusion from MAs: The downtrend remains intact unless BTC can reclaim the MA(7) and MA(25) levels.
---
3. RSI (Relative Strength Index)
Current RSI: 15.50 — The RSI is extremely oversold (below 30), indicating that selling pressure might be overextended and a short-term bounce could occur.
Interpretation: While a bounce is possible due to oversold conditions, it does not guarantee a trend reversal.
---
4. MACD (Moving Average Convergence Divergence)
DIF: -181.99, DEA: -45.98, MACD: -136.02 — The MACD is in negative territory, with the histogram showing strong bearish momentum.
Signal Line Cross: The MACD line is significantly below the signal line, indicating that bearish momentum is still dominant.
Conclusion from MACD: Bearish trend remains strong, and recovery might take time.
---
5. Volume
There was a significant spike in volume during the sell-off, showing strong participation in the downward move.
Current smaller green volume bar suggests buyers are attempting to step in, but confidence is still weak.
---
Prediction & Key Levels
1. Support Level: $93,600 — If BTC breaks below this level again, further downside could test the next support around $92,000.
2. Resistance Level: $94,550 (MA(7)) — If BTC can reclaim this level, it might attempt to retest $95,733.
Short-Term Outlook:
A small bounce might occur due to oversold RSI, but unless BTC reclaims the $94,550 level, the bearish trend will likely continue.
Watch for confirmation signals like stronger green candles with rising volume and a crossover in the MACD.
Risk Management Note: Always use stop-
loss orders, and be cautious when trading against strong bearish trends.
$SUI
Is Sui at best to short it?
#WorldLibertyXChainlink #NextMarketMoves #BTCBreaks93k #BinanceSquareFamily #DOGSONBINANCE
Is Sui at best to short it?
#WorldLibertyXChainlink #NextMarketMoves #BTCBreaks93k #BinanceSquareFamily #DOGSONBINANCE
Check My prediction . And verify it with latest price of $ETH . Follow and like for more.
$ETH Profit
There's a possibility that Eth will go 3000 or 3500 if market pumps.But remember to book some of your profit.#Trump47thPresident
There's a possibility that Eth will go 3000 or 3500 if market pumps.But remember to book some of your profit.#Trump47thPresident
$BNB I'm buying BNB at 594. It has not given the actual pump yet. Moreover if binance starts any launchpool , BNB can give a sudden pump. DYOR always. Never invest more than 10% of your wallet in a single trade . Be happy and Don't forget to like and follow for more signals. $BNB
#BNBAnalysis #Trump47thPresident #ScrollOnBinance #FutureSignals11
#BNBAnalysis #Trump47thPresident #ScrollOnBinance #FutureSignals11
$ETH Profit
There's a possibility that Eth will go 3000 or 3500 if market pumps.But remember to book some of your profit.#Trump47thPresident
There's a possibility that Eth will go 3000 or 3500 if market pumps.But remember to book some of your profit.#Trump47thPresident
Crypto Trader Turns $1,700 into $873,000 in Two Days Using Meme Coin
An anonymous crypto trader has transformed an initial investment of $1,795 into an impressive $873,000 within two days by trading the meme coin Comedian (BAN) on the Raydium platform. This substantial profit was made on the BAN/SOL trading pair and was tracked by the on-chain analysis tool Lookonchain.
The trader adopted a calculated approach by selling portions of their holdings during price peaks. Initially, they sold 12 million BAN for $56,900, followed by a second sale of 6.13 million BAN for $80,700 as prices surged again. This strategy allowed them to secure over $137,000 before BAN’s price climbed further, boosting the value of their remaining holdings to a total of $873,000.
The surge in BAN's price is linked to a renewed interest in the “Comedian” artwork, a banana taped to a wall, which sparked widespread social media debate on consumerism and art. A recent announcement by Sotheby’s to resell a version of the artwork has contributed to increased interest in the BAN meme coin, as has its new listing on the Poloniex exchange.
However, with multiple new tokens named “Comedian” appearing on various networks, including Ethereum, the risk of fraudulent schemes has risen. Investors are advised to stay vigilant against potential scams or “rug pulls,” which are common in the meme coin market, known for its high volatility.
An anonymous crypto trader has transformed an initial investment of $1,795 into an impressive $873,000 within two days by trading the meme coin Comedian (BAN) on the Raydium platform. This substantial profit was made on the BAN/SOL trading pair and was tracked by the on-chain analysis tool Lookonchain.
The trader adopted a calculated approach by selling portions of their holdings during price peaks. Initially, they sold 12 million BAN for $56,900, followed by a second sale of 6.13 million BAN for $80,700 as prices surged again. This strategy allowed them to secure over $137,000 before BAN’s price climbed further, boosting the value of their remaining holdings to a total of $873,000.
The surge in BAN's price is linked to a renewed interest in the “Comedian” artwork, a banana taped to a wall, which sparked widespread social media debate on consumerism and art. A recent announcement by Sotheby’s to resell a version of the artwork has contributed to increased interest in the BAN meme coin, as has its new listing on the Poloniex exchange.
However, with multiple new tokens named “Comedian” appearing on various networks, including Ethereum, the risk of fraudulent schemes has risen. Investors are advised to stay vigilant against potential scams or “rug pulls,” which are common in the meme coin market, known for its high volatility.
Top 3 Altcoins Likely to Surge in 2025
$LINK , $SUI , and $NEAR
Chainlink, Sui, and Near Protocol are gaining attention as they connect blockchain applications with essential real-world data. These projects hold significant potential for investors looking toward the next crypto bull run.
Chainlink (LINK)
As a decentralized oracle network, Chainlink plays a critical role by linking smart contracts to real-world data, making it valuable in fields like finance and insurance. Its ability to gather data from diverse sources makes it an essential tool for industries adopting blockchain, positioning Chainlink to meet the rising demand for reliable data connections.
Sui (SUI)
Sui Blockchain recently hit a record high of $2.35, with substantial growth and a current market cap exceeding $5.9 billion. Despite market volatility and rumors of insider trading, Sui has gained strong investor trust, which is evident in its total value locked (TVL) surpassing $1 billion.
Near Protocol (NEAR)
Near Protocol is thriving with rapid growth in daily active users, reaching 3 million due to AI-powered applications and increased dApp use. Its recent price surge and the potential for further growth make it a promising choice for investors.
These three altcoins are well-positioned for the upcoming bull market as blockchain technology continues to evolve, offering opportunities for investors to consider.
#2025Outlook #altcoins #binance #BullRun2025
Chainlink, Sui, and Near Protocol are gaining attention as they connect blockchain applications with essential real-world data. These projects hold significant potential for investors looking toward the next crypto bull run.
Chainlink (LINK)
As a decentralized oracle network, Chainlink plays a critical role by linking smart contracts to real-world data, making it valuable in fields like finance and insurance. Its ability to gather data from diverse sources makes it an essential tool for industries adopting blockchain, positioning Chainlink to meet the rising demand for reliable data connections.
Sui (SUI)
Sui Blockchain recently hit a record high of $2.35, with substantial growth and a current market cap exceeding $5.9 billion. Despite market volatility and rumors of insider trading, Sui has gained strong investor trust, which is evident in its total value locked (TVL) surpassing $1 billion.
Near Protocol (NEAR)
Near Protocol is thriving with rapid growth in daily active users, reaching 3 million due to AI-powered applications and increased dApp use. Its recent price surge and the potential for further growth make it a promising choice for investors.
These three altcoins are well-positioned for the upcoming bull market as blockchain technology continues to evolve, offering opportunities for investors to consider.
#2025Outlook #altcoins #binance #BullRun2025
XRP Set to Transform Japan’s Banking System by 2025
$XRP is gaining importance in Japan’s financial system. A top bank’s CEO, Yoshitaka Kitao of SBI, recently claimed that every bank may use XRP by 2025. This statement shows growing acceptance of XRP as a potential mainstream currency.
#Xrp🔥🔥 #ScrollOnBinance #XRPPredictions
#Xrp🔥🔥 #ScrollOnBinance #XRPPredictions
$PEPE
Entry Price : 0.0000084-87
Take Profit: 0.000009250
Leavarage : 5-10 X
(Never use more than 10% of your wallet in a single trade . Always do your own research also. )
If you make an entry then wait and hold for exit and add margin if needed.
$PEPE #PepeCoinToTheMoon #ScrollOnBinance
Entry Price : 0.0000084-87
Take Profit: 0.000009250
Leavarage : 5-10 X
(Never use more than 10% of your wallet in a single trade . Always do your own research also. )
If you make an entry then wait and hold for exit and add margin if needed.
$PEPE #PepeCoinToTheMoon #ScrollOnBinance
Why People Lose Money in Cryptocurrency Trading
(Read complete article to understand the reasons of your losses and avoid that mistakes)
Cryptocurrency trading offers incredible potential for profit, but many people still lose money in the process. The high volatility, lack of understanding, emotional decision-making, and market manipulation all contribute to traders’ losses. Understanding these pitfalls is essential for anyone looking to navigate the crypto space successfully.
1. Lack of Knowledge and Research
Cryptocurrency is a complex market, and many traders jump in without fully understanding it. Lack of research leads to poor decision-making, such as investing in unknown coins or following unreliable advice. Success in crypto requires knowledge about blockchain technology, market trends, and the specific coins one is investing in. Without this foundation, people often lose money on poor trades.
2. Market Volatility
Cryptocurrencies are infamous for their volatility, with prices fluctuating dramatically within short periods. Traders often get caught up in these rapid changes, making impulsive buys or sells. For example, a trader might buy a coin at a high price during a surge, only to watch its value drop sharply afterward. This volatility can lead to substantial losses, especially for those who don't have a risk management strategy.
3. Emotional Trading
Emotional reactions often drive losses. The fear of missing out (FOMO) can cause people to buy when prices are high, while panic selling during market dips leads to losses. Successful trading requires a cool head, with traders sticking to a strategy rather than reacting emotionally to price changes. Unfortunately, many find it challenging to separate emotions from their trading decisions, resulting in avoidable losses.
4. Lack of a Trading Plan
A clear trading plan with set goals, risk management, and an exit strategy is crucial. Many new traders start without a defined plan, reacting to the market impulsively rather than strategically. This often leads to inconsistent decisions and losses. A solid plan helps traders know when to enter or exit trades, manage risks, and stay disciplined in the face of market fluctuations.
5. Overleveraging and Excessive Risk-Taking
Many traders use leverage to amplify their potential returns, but this also increases risk. Leverage means borrowing funds to trade, and while it can magnify profits, it can also lead to significant losses. Overleveraging is a common mistake that leads traders to lose more than they can afford. Without a well-calculated approach, even small market moves can lead to liquidation, wiping out entire accounts.
6. Scams and Fraud
The crypto market, being relatively new and less regulated, has attracted scammers. From fraudulent coins and Ponzi schemes to phishing scams, there are numerous ways people can lose money. New traders are particularly vulnerable as they may not know how to identify scams. Investing in legitimate, well-known projects and using trusted platforms like Binance is essential to avoid such pitfalls.
7. Ignoring Risk Management
Risk management is fundamental to trading success. Many traders risk too much capital on a single trade, hoping for big returns, only to lose their investment. Setting stop-losses, limiting the amount of capital at risk, and diversifying investments are crucial practices that many traders overlook. Proper risk management minimizes potential losses and preserves capital for future trades.
8. Market Manipulation
Cryptocurrencies are sometimes subject to market manipulation, with "whales" or large investors influencing prices. They may execute large buys or sells to create panic or excitement, manipulating prices in their favor. Smaller investors may get caught in these moves, buying or selling at the wrong time and ending up with losses. Staying informed and cautious about unusual market activity can help traders avoid these traps.
9. Unrealistic Expectations and Greed
Many people enter the crypto market expecting quick, massive returns. Greed leads them to take unnecessary risks or ignore prudent trading practices in pursuit of profits. This often backfires, as they hold onto positions too long or chase high-risk trades. Having realistic expectations and focusing on sustainable growth rather than quick gains can help traders avoid losses.
10. Failure to Adapt to Market Conditions
The crypto market is constantly evolving, and strategies that worked yesterday may not work today. Successful traders are adaptable, continuously learning and adjusting their strategies. Many people lose money because they fail to adapt to market conditions, sticking to outdated methods. Staying updated with market trends and learning from mistakes can help traders keep up with the dynamic nature of the crypto space.
Cryptocurrency trading can be highly rewarding but is equally challenging. Avoiding common pitfalls requires thorough research, emotional control, a clear trading plan, risk management, and staying vigilant against scams. By understanding these factors, traders can minimize their losses and improve their chances of success in the ever-changing crypto market.
$BTC $ETH $BNB
#TetherUnderInvestigation #LearnTogether #FirstlearnThentakeaction
Cryptocurrency trading offers incredible potential for profit, but many people still lose money in the process. The high volatility, lack of understanding, emotional decision-making, and market manipulation all contribute to traders’ losses. Understanding these pitfalls is essential for anyone looking to navigate the crypto space successfully.
1. Lack of Knowledge and Research
Cryptocurrency is a complex market, and many traders jump in without fully understanding it. Lack of research leads to poor decision-making, such as investing in unknown coins or following unreliable advice. Success in crypto requires knowledge about blockchain technology, market trends, and the specific coins one is investing in. Without this foundation, people often lose money on poor trades.
2. Market Volatility
Cryptocurrencies are infamous for their volatility, with prices fluctuating dramatically within short periods. Traders often get caught up in these rapid changes, making impulsive buys or sells. For example, a trader might buy a coin at a high price during a surge, only to watch its value drop sharply afterward. This volatility can lead to substantial losses, especially for those who don't have a risk management strategy.
3. Emotional Trading
Emotional reactions often drive losses. The fear of missing out (FOMO) can cause people to buy when prices are high, while panic selling during market dips leads to losses. Successful trading requires a cool head, with traders sticking to a strategy rather than reacting emotionally to price changes. Unfortunately, many find it challenging to separate emotions from their trading decisions, resulting in avoidable losses.
4. Lack of a Trading Plan
A clear trading plan with set goals, risk management, and an exit strategy is crucial. Many new traders start without a defined plan, reacting to the market impulsively rather than strategically. This often leads to inconsistent decisions and losses. A solid plan helps traders know when to enter or exit trades, manage risks, and stay disciplined in the face of market fluctuations.
5. Overleveraging and Excessive Risk-Taking
Many traders use leverage to amplify their potential returns, but this also increases risk. Leverage means borrowing funds to trade, and while it can magnify profits, it can also lead to significant losses. Overleveraging is a common mistake that leads traders to lose more than they can afford. Without a well-calculated approach, even small market moves can lead to liquidation, wiping out entire accounts.
6. Scams and Fraud
The crypto market, being relatively new and less regulated, has attracted scammers. From fraudulent coins and Ponzi schemes to phishing scams, there are numerous ways people can lose money. New traders are particularly vulnerable as they may not know how to identify scams. Investing in legitimate, well-known projects and using trusted platforms like Binance is essential to avoid such pitfalls.
7. Ignoring Risk Management
Risk management is fundamental to trading success. Many traders risk too much capital on a single trade, hoping for big returns, only to lose their investment. Setting stop-losses, limiting the amount of capital at risk, and diversifying investments are crucial practices that many traders overlook. Proper risk management minimizes potential losses and preserves capital for future trades.
8. Market Manipulation
Cryptocurrencies are sometimes subject to market manipulation, with "whales" or large investors influencing prices. They may execute large buys or sells to create panic or excitement, manipulating prices in their favor. Smaller investors may get caught in these moves, buying or selling at the wrong time and ending up with losses. Staying informed and cautious about unusual market activity can help traders avoid these traps.
9. Unrealistic Expectations and Greed
Many people enter the crypto market expecting quick, massive returns. Greed leads them to take unnecessary risks or ignore prudent trading practices in pursuit of profits. This often backfires, as they hold onto positions too long or chase high-risk trades. Having realistic expectations and focusing on sustainable growth rather than quick gains can help traders avoid losses.
10. Failure to Adapt to Market Conditions
The crypto market is constantly evolving, and strategies that worked yesterday may not work today. Successful traders are adaptable, continuously learning and adjusting their strategies. Many people lose money because they fail to adapt to market conditions, sticking to outdated methods. Staying updated with market trends and learning from mistakes can help traders keep up with the dynamic nature of the crypto space.
Cryptocurrency trading can be highly rewarding but is equally challenging. Avoiding common pitfalls requires thorough research, emotional control, a clear trading plan, risk management, and staying vigilant against scams. By understanding these factors, traders can minimize their losses and improve their chances of success in the ever-changing crypto market.
$BTC $ETH $BNB
#TetherUnderInvestigation #LearnTogether #FirstlearnThentakeaction
$DOGE price analysis
The bulls are trying to maintain Dogecoin
tickers down $0.1331 above the breakout level from the symmetrical triangle pattern.
Buyers will have to quickly drive and maintain the price above the $0.15 overhead resistance to signal the resumption of the up move. The DOGE/USDT pair could travel to $0.17 and subsequently to $0.19.
Conversely, if the price continues lower and re-enters the triangle, it will indicate that the markets have rejected the breakout. That could pull the price to the 50-day SMA ($0.11).
#USJoblessClaimsDip #ScrollOnBinance #DogecoinCommunity
The bulls are trying to maintain Dogecoin
tickers down $0.1331 above the breakout level from the symmetrical triangle pattern.
Buyers will have to quickly drive and maintain the price above the $0.15 overhead resistance to signal the resumption of the up move. The DOGE/USDT pair could travel to $0.17 and subsequently to $0.19.
Conversely, if the price continues lower and re-enters the triangle, it will indicate that the markets have rejected the breakout. That could pull the price to the 50-day SMA ($0.11).
#USJoblessClaimsDip #ScrollOnBinance #DogecoinCommunity
Toncoin price analysis
The bears are trying to strengthen their position by pulling Toncoin
$TON
Average Support level : $4.87 below the immediate support at $5.
If they do that, the TON/USDT pair could slide to the $4.72 to $4.44 support zone. This is a crucial zone to watch out for because a break and close below it will complete a bearish head-and-shoulders pattern. The pair could then start a downtrend to $3.50.
On the contrary, if the price rebounds off the support zone, it will suggest demand at lower levels. A break and close above the moving averages will indicate that the bulls are on a comeback.
$TON
Average Support level : $4.87 below the immediate support at $5.
If they do that, the TON/USDT pair could slide to the $4.72 to $4.44 support zone. This is a crucial zone to watch out for because a break and close below it will complete a bearish head-and-shoulders pattern. The pair could then start a downtrend to $3.50.
On the contrary, if the price rebounds off the support zone, it will suggest demand at lower levels. A break and close above the moving averages will indicate that the bulls are on a comeback.
Alert 🚨🚨 Binance Will delist following tokens
Binance to Delist $KP3R , $OOKI ,$IDRT and $UNFI Following Asset Review
Binance has updated its policy on delisting after reviewing the tokens available on its platform. The platform has decided to remove Rupiah Token ($IDRT), Keep3rV1 ($KP3R), Ooki Protocol ($OOKI), and Unifi Protocol DAO ($UNFI).
This represents a continuous improvement by Binance in terms of the quality of the digital assets listed on its platform and properly regulating the market. Binance shared details of the recent delisting through its official web page, outlining its strategies and reasons behind the decision.
Details of the Asset Delisting
Binance has provided the schedule for stopping all spot trading for the specified tokens, which will take place on 2024-11-06 at 03:00 (UTC). The affected trading pairs include KP3R/USDT, OOKI/USDT, UNFI/BTC, UNFI/TRY, and USDT/IDRT. Open orders will be cleared once trading ends.
The exchange has also shared timelines for depositing and withdrawing these tokens. Deposits will no longer be credited after 2024-11-07 at 03:00 (UTC), but withdrawals will remain available until 2025-02-06 at 03:00 (UTC). Conversion options to stablecoins may be offered later, though this is not guaranteed, and further details will be announced in due time.
Impact on Binance Services
Binance’s decision will affect several services, including Binance Margin, Futures, Simple Earn, and Buy & Sell Crypto. Isolated margin borrowings for these tokens will be suspended by 2024-10-25 at 06:00 (UTC), with automatic settlement and position removal scheduled for 2024-10-31 at 06:00 (UTC).
Additionally, Binance Futures will close all positions on UNFIUSDT USDⓈ-M Perpetual Contracts by 2024-10-30 at 09:00 (UTC), and the Funding Rate Arbitrage Bot for UNFI/USDT will also be disabled. Users are advised to manage their wallets, positions, and related services ahead of time to avoid losses.
Binance remains committed to protecting users and promoting a healthy trading environment. Regular reviews of listed assets ensure that the platform adheres to evolving market standards and minimizes risks. Users are encouraged to follow Binance’s recommendations to safeguard their assets during this delisting process.
#ScrollOnBinance #DelistingNotice #BinanceBlockWeek2024 #FollowMeAndGetReward
Binance has updated its policy on delisting after reviewing the tokens available on its platform. The platform has decided to remove Rupiah Token ($IDRT), Keep3rV1 ($KP3R), Ooki Protocol ($OOKI), and Unifi Protocol DAO ($UNFI).
This represents a continuous improvement by Binance in terms of the quality of the digital assets listed on its platform and properly regulating the market. Binance shared details of the recent delisting through its official web page, outlining its strategies and reasons behind the decision.
Details of the Asset Delisting
Binance has provided the schedule for stopping all spot trading for the specified tokens, which will take place on 2024-11-06 at 03:00 (UTC). The affected trading pairs include KP3R/USDT, OOKI/USDT, UNFI/BTC, UNFI/TRY, and USDT/IDRT. Open orders will be cleared once trading ends.
The exchange has also shared timelines for depositing and withdrawing these tokens. Deposits will no longer be credited after 2024-11-07 at 03:00 (UTC), but withdrawals will remain available until 2025-02-06 at 03:00 (UTC). Conversion options to stablecoins may be offered later, though this is not guaranteed, and further details will be announced in due time.
Impact on Binance Services
Binance’s decision will affect several services, including Binance Margin, Futures, Simple Earn, and Buy & Sell Crypto. Isolated margin borrowings for these tokens will be suspended by 2024-10-25 at 06:00 (UTC), with automatic settlement and position removal scheduled for 2024-10-31 at 06:00 (UTC).
Additionally, Binance Futures will close all positions on UNFIUSDT USDⓈ-M Perpetual Contracts by 2024-10-30 at 09:00 (UTC), and the Funding Rate Arbitrage Bot for UNFI/USDT will also be disabled. Users are advised to manage their wallets, positions, and related services ahead of time to avoid losses.
Binance remains committed to protecting users and promoting a healthy trading environment. Regular reviews of listed assets ensure that the platform adheres to evolving market standards and minimizes risks. Users are encouraged to follow Binance’s recommendations to safeguard their assets during this delisting process.
#ScrollOnBinance #DelistingNotice #BinanceBlockWeek2024 #FollowMeAndGetReward
Solana vs Ethereum: Why SOL is Winning in Speed, Users, and Adoption
$SOL
Solana’s massive comeback
Solana, a leading blockchain network, has had a rollercoaster ride in recent years. After peaking at $260.61 in 2021, the token plummeted following the FTX collapse in 2022, reaching below $10. By 2024, however, Solana rebounded, with its price hitting $168 by October, marking a significant recovery from its lows.
Solana’s 2024 developments: a surge in growth, adoption, and stability
2024 has been a breakout year for Solana. Its Total Value Locked (TVL), a key DeFi metric, has risen from $1.4 billion at the start of the year to $6.20 billion by October, a 342% increase. In contrast, Ethereum's TVL declined to $48 billion.
Solana DEX volume
Solana has also overtaken Ethereum in decentralized exchange (DEX) volume, commanding over 30% of the market, compared to Ethereum's 16%. Solana's fast blockchain processes thousands of transactions per second, making it more efficient for trading than Ethereum, which suffers from congestion and high fees.
Blockchain performance
Solana processed 476 million transactions in the last 30 days, with 95 million unique active wallets, showing a 40% increase. Ethereum, on the other hand, processed just 7 million transactions with 1.66 million active wallets. Despite this, Ethereum still dominates in terms of Dapp volume, handling $108 billion in the past month compared to Solana’s $4 billion.
Decoding the Solana Surge
A surprising factor behind Solana's rise is the growth in meme coins, which have boosted network activity and liquidity. Analysts suggest that Solana is becoming the platform of choice for high-risk, speculative trading due to its speed and scalability.
Where could Solana go from here?
Analysts predict that Solana could rise to $195-$202 if current bullish patterns hold. However, staying above the $171 level is crucial for further upward movement. While short-term prospects are promising, caution is advised due to the market's volatility.
#scrollonbinance #article #solana #priceprediction
Solana’s massive comeback
Solana, a leading blockchain network, has had a rollercoaster ride in recent years. After peaking at $260.61 in 2021, the token plummeted following the FTX collapse in 2022, reaching below $10. By 2024, however, Solana rebounded, with its price hitting $168 by October, marking a significant recovery from its lows.
Solana’s 2024 developments: a surge in growth, adoption, and stability
2024 has been a breakout year for Solana. Its Total Value Locked (TVL), a key DeFi metric, has risen from $1.4 billion at the start of the year to $6.20 billion by October, a 342% increase. In contrast, Ethereum's TVL declined to $48 billion.
Solana DEX volume
Solana has also overtaken Ethereum in decentralized exchange (DEX) volume, commanding over 30% of the market, compared to Ethereum's 16%. Solana's fast blockchain processes thousands of transactions per second, making it more efficient for trading than Ethereum, which suffers from congestion and high fees.
Blockchain performance
Solana processed 476 million transactions in the last 30 days, with 95 million unique active wallets, showing a 40% increase. Ethereum, on the other hand, processed just 7 million transactions with 1.66 million active wallets. Despite this, Ethereum still dominates in terms of Dapp volume, handling $108 billion in the past month compared to Solana’s $4 billion.
Decoding the Solana Surge
A surprising factor behind Solana's rise is the growth in meme coins, which have boosted network activity and liquidity. Analysts suggest that Solana is becoming the platform of choice for high-risk, speculative trading due to its speed and scalability.
Where could Solana go from here?
Analysts predict that Solana could rise to $195-$202 if current bullish patterns hold. However, staying above the $171 level is crucial for further upward movement. While short-term prospects are promising, caution is advised due to the market's volatility.
#scrollonbinance #article #solana #priceprediction
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5 Best Altcoin To Buy Now – Top Cryptos for October 2024 to Buy now
We have analysed hundreds of cryptocurrencies’ fundamentals and technical aspects to select these handful of best altcoin to buy now. These altcoins have the potential to deliver maximized gains to yourr crypto portfolio if you make a timed investment.
1. 5thScape (5SCAPE)
2. Ethereum (ETH)
3. Tether (USDT)
4. Binance Coin (BNB)
5. Cardano (ADA)
5thScape, apart from its unique and breakthrough VR/AR Metaverse, has various utilities, making its coin suitable for passive income and increased scope for trading. Similarly, other coins have diverse reasons, making them the best altcoin to buy now. Let’s dig into the details!
Ethereum is the second oldest cryptocurrency and even the second largest by market capitalization. However, unlike Bitcoin, Ethereum isn’t merely a currency and has some potential use cases. Developers can deploy dApps, DeFi, and smart contracts on its blockchain.
Ethereum earlier functioned majorly on its layer-1 blockchain, which had limitations, including low latency and a speed of merely 15 transactions per second. Thus, many large-scale applications switched to other blockchains. Therefore, Ethereum launched its layer two blockchain solution to address this issue, which provides high throughput, low latency, and reduced gas fees. This increased the bullish sentiments for its native ETH token.
Besides, it has become the first cryptocurrency after Bitcoin to get approval for Spot ETFs. This benefited Ethereum and even projects built on it, like 5thScape, which topped the charts for this reason.
#ScrollOnBinance #bestcointohold #ETH🔥🔥🔥🔥
5 Best Altcoin To Buy Now – Top Cryptos for October 2024 to Buy now
We have analysed hundreds of cryptocurrencies’ fundamentals and technical aspects to select these handful of best altcoin to buy now. These altcoins have the potential to deliver maximized gains to yourr crypto portfolio if you make a timed investment.
1. 5thScape (5SCAPE)
2. Ethereum (ETH)
3. Tether (USDT)
4. Binance Coin (BNB)
5. Cardano (ADA)
5thScape, apart from its unique and breakthrough VR/AR Metaverse, has various utilities, making its coin suitable for passive income and increased scope for trading. Similarly, other coins have diverse reasons, making them the best altcoin to buy now. Let’s dig into the details!
Ethereum is the second oldest cryptocurrency and even the second largest by market capitalization. However, unlike Bitcoin, Ethereum isn’t merely a currency and has some potential use cases. Developers can deploy dApps, DeFi, and smart contracts on its blockchain.
Ethereum earlier functioned majorly on its layer-1 blockchain, which had limitations, including low latency and a speed of merely 15 transactions per second. Thus, many large-scale applications switched to other blockchains. Therefore, Ethereum launched its layer two blockchain solution to address this issue, which provides high throughput, low latency, and reduced gas fees. This increased the bullish sentiments for its native ETH token.
Besides, it has become the first cryptocurrency after Bitcoin to get approval for Spot ETFs. This benefited Ethereum and even projects built on it, like 5thScape, which topped the charts for this reason.
#ScrollOnBinance #bestcointohold #ETH🔥🔥🔥🔥
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