USELESS rises by 15%, approaching its all-time high of $0.382, with momentum indicating a potential breakout towards $0.449 if support continues.
REKT rose by 14%, targeting resistance at $0.000000686, with potential for additional gains if it surpasses this level; a retreat below $0.000000563 could reverse the trend.
Meme Coin Total Market Cap: $39.51B (-3.6%) Here is our list of the best established and new meme coins for September 2024: Pepe Unchained (PEPU) — The world's first Pepe meme coin on its own chain Crypto All-Stars (STARS) — A New Cryptocurrency Trading Platform with Generous Returns Base Dawgz (DAWGZ) — A multi-chain meme coin with share and earn rewards
In your opinion, how do you view the market now? Is it time to buy or wait for the reversal point to occur? What currencies do you think can be traded in these circumstances? $PEOPLE
September Token Launches: What to Expect in the Crypto Market?
Data from TokenUnlocks indicates that approximately $418.53 million of this month’s token launches are classified as cliff launches. In the context of token launch events, cliff refers to tokens that are scheduled to be released on a more regular schedule than daily, such as weekly, monthly, or yearly. Since token launches introduce previously unavailable tokens into trading, investors and traders watch these events closely because they impact the market environment. While some see these events as opportunities for growth, they also carry the risk of increased selling pressure. Analysts at TokenUnlocks warn that the idea that “launches are bullish” is not always accurate.
For Beginners Top 5 Cryptocurrency Traders to Follow in September 2024
In the cryptocurrency market, staying ahead of the curve requires more than just superficial knowledge. It often involves following the best crypto traders who offer insights that regular investors might miss. Some traders have managed to navigate this highly volatile market with skill and precision. As we enter September, here are five of the best crypto traders to watch.
Are Low Liquidity and Weak Attraction Threatening Shiba Inu’s Rise? :$SHIB One major concern is the recent spike in the bid-ask spread for Shiba Inu, which indicates increased liquidity for the coin.
The bid-ask spread, a crucial liquidity measure, measures the difference between the buy and sell prices.
A low spread indicates a liquid market, while spikes, as is the case with SHIB, indicate low liquidity, leading to short-term losses for traders.
This spike, coupled with the recent price drop, could lead to sharp volatility unless the spread narrows. Currently, SHIB is priced at $0.00001379. If the liquidity issue persists, the price could see further declines. $SHIB
If the price holds above the support level at $0.00000774, it is likely to continue its upward trend targeting $0.00000931 and above, while traders should watch these levels for potential upside opportunities.
While targeting $1 for Pepe coin seems very ambitious, the ongoing momentum and positive sentiment suggest that it could make huge gains in the near term.
Why Pepe Unchained is a Valuable Addition to Your Investment Portfolio? Aside from the PEPE hype, meme coins seem to be gaining a lot of attention in the crypto market. Among the newcomers, Pepe Unchained (PEPU) has been grabbing attention with its strong growth potential. Staking Advantage: Investing in PEPU IPO could bring you lucrative returns according to prominent crypto analysts like Jacob Crypto Bury. Opportunity to earn effortless income: The 499% annual staking return rate is a golden opportunity to earn effortless income, making this coin a fierce competitor in the sector. Investor Confidence: 321 million PEPU tokens have been staked, indicating investor confidence in the project’s long-term prospects. $PEPE