As is known, Pavel Durov is currently held captive by the French government, and any movement is carried out only with permission from the immigration authorities.
Recently, presidential elections took place in Romania, where the losing side traditionally accused the winners of all mortal sins, but that is not what interests us.
In this electoral race, Pavel Durov managed to infiltrate. Recently, he stated that French intelligence had demanded he influence the elections using Telegram and is already ready to testify about this.
Regardless of whether he is right or not - France will definitely not like this arrangement, and it is HIGHLY likely that it will throw some kind of "black swan" at TON holders.
To the great sorrow of many hamster pokers, the L1 token on which this whole wonder worked is experiencing a severe crisis [I'm talking about TON]
Below I provide a screenshot of a message from one of the largest holders of TON.
Why is this happening? - Large token unlocks (too large) - Infinite issuance - Price pressure from Durov himself (prohibition to accept anything other than stars in Telegram bots) - Sharp decline in the number of active users - Total scam It could go on for a long time.
It is important to consider that makers are actively eliminating the majority, and simply shorting will not work
Since the start of trading, this cryptocurrency has fallen by about 90%
The coin's liquidity continues to rapidly hit rock bottom
The creator Alexander Plotvinov himself said that the model on which notcoin T2E was created has died.
What notcoin is currently trying to flirt with the gift market on Telegram looks pathetic
Seeing the complete failures of cryptocurrency projects in the TON network, exchanges have halted listings of new tokens in this network, and the risk of delisting looms ever clearer on the horizon.
$ETH Latest news: SEC approves application for Spot Ethereum ETF
In a landmark decision on May 23, the US Securities and Exchange Commission approved several applications for spot Ethereum ETFs.
On May 21, Ethereum experienced a significant price surge of 18% amid new rumors that applications for an Ether spot ETF could receive regulatory approval by the May 23 deadline.
The launch of the Ethereum spot ETF is expected to increase investor demand and liquidity in the Ether market. This opens the door for both retail and institutional investors to gain access to Ethereum price performance through a regulated exchange product.
$NOT On the chart of this cryptocurrency at the moment you can see a large accumulation of liquidity at the level of 0.0059 - 0.006 in the amount of several million usdt
There is a high probability that we will reach this level in the near future.
However, I want to warn you that trading such assets is extremely risky and you can lose all your money
Everyone knows that notcoin was distributed to everyone and had a very low entry threshold, which provided it with such a large audience.
When the listing took place, a wide audience began to dump assets because they did not want to understand the market, but simply wanted to make a profit. And at this moment, many big players also began to dump assets, anticipating the actions of a wide audience.
At the same time, whales are in no hurry to invest in the asset, most likely waiting until the majority of the general audience takes profits and leaves the market.
And yesterday (05/20/2024) the daily candle closed in positive territory for the first time. This may mean that sales are slowly ending and gives a signal to big players.
What do you think? Is this a signal for growth or just white noise on the chart?