Simranjit Singh Virdi
Open Trade
3.1 Years
Independent trader
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Meme Coins 🤔
$DOGE
$SHIB
A meme coin is a type of cryptocurrency that is based on internet jokes, memes, or pop culture. Unlike serious cryptocurrencies like Bitcoin or Ethereum, meme coins usually start as a fun or humorous project.
✅ Simple Explanation:
Meme coins are joke-based cryptocurrencies. They become popular mainly through social media hype and online communities. Most of them don’t have real use cases or strong technology behind them.
🔥 Examples:
Dogecoin (DOGE): Started as a joke but became famous, partly due to Elon Musk.
Shiba Inu (SHIB): Created as a “Dogecoin killer” and gained popularity online.
⚠️ Important:
Meme coins are very risky to invest in.Prices can rise fast—and crash just as quickly.They're fun, but you should do your research before buying.In short: A meme coin is a fun, internet-inspired crypto token that’s driven more by community and trend than by real value.
$SHIB
A meme coin is a type of cryptocurrency that is based on internet jokes, memes, or pop culture. Unlike serious cryptocurrencies like Bitcoin or Ethereum, meme coins usually start as a fun or humorous project.
✅ Simple Explanation:
Meme coins are joke-based cryptocurrencies. They become popular mainly through social media hype and online communities. Most of them don’t have real use cases or strong technology behind them.
🔥 Examples:
Dogecoin (DOGE): Started as a joke but became famous, partly due to Elon Musk.
Shiba Inu (SHIB): Created as a “Dogecoin killer” and gained popularity online.
⚠️ Important:
Meme coins are very risky to invest in.Prices can rise fast—and crash just as quickly.They're fun, but you should do your research before buying.In short: A meme coin is a fun, internet-inspired crypto token that’s driven more by community and trend than by real value.
NEW LISTING $RESOLV
#NewListing
Resolv is a protocol maintaining USR, a stablecoin natively backed by Ether (ETH) and Bitcoin (BTC) and pegged to the US Dollar.
The protocol's main features include:
Issuance and redemption of USR against other tokens;
Maintaining sufficient backing by ETH and BTC at all times. This is achieved by hedging ETH, BTC price with short perpetual futures positions;
Maintaining RLP (Resolv Liquidity Pool), a liquid insurance pool designed to keep USR overcollateralized.
Both USR and RLP can be minted and redeemed by users in exchange for collateral deposited on 1:1 basis.
#NewListing
Resolv is a protocol maintaining USR, a stablecoin natively backed by Ether (ETH) and Bitcoin (BTC) and pegged to the US Dollar.
The protocol's main features include:
Issuance and redemption of USR against other tokens;
Maintaining sufficient backing by ETH and BTC at all times. This is achieved by hedging ETH, BTC price with short perpetual futures positions;
Maintaining RLP (Resolv Liquidity Pool), a liquid insurance pool designed to keep USR overcollateralized.
Both USR and RLP can be minted and redeemed by users in exchange for collateral deposited on 1:1 basis.
Guppy Multiple Moving Averages (GMMA)
#gmma #Indicators
**Guppy Multiple Moving Averages (GMMA)** is a smart trend-following indicator created by trader **Daryl Guppy**. It gives traders a clearer view of market strength by combining multiple exponential moving averages (EMAs) to track both short-term and long-term behavior.
What Makes Up GMMA?
GMMA uses **two distinct sets of EMAs**:
Short-term EMAs (for active traders):** 3, 5, 8, 10, 12, and 15 periodsLong-term EMAs (for investors):** 30, 35, 40, 45, 50, and 60 periods
These lines appear as two “ribbons” on a price chart. The short-term group reflects quick trader reactions, while the long-term group shows the confidence of bigger market players.
How to Read It
When **both groups are moving upward and widely spaced**, it signals a strong and healthy uptrend.If the **short-term EMAs start rising and separate from the long-term ones**, it could mean the start of a bullish move.If the **short-term EMAs flatten or cross below the long-term EMAs**, it may suggest weakness, consolidation, or a possible trend reversal.
Why Use GMMA?
Helps confirm the **strength and direction of a trend**Clearly shows when traders and investors **agree or disagree**Useful for spotting **entry and exit points** in trending markets
Final Thoughts
GMMA offers a visual and reliable way to understand market momentum by blending short- and long-term perspectives. Whether you're a trader or an investor, it can add depth to your technical analysis and improve decision-making in trending environments.
$ETH $BTC
**Guppy Multiple Moving Averages (GMMA)** is a smart trend-following indicator created by trader **Daryl Guppy**. It gives traders a clearer view of market strength by combining multiple exponential moving averages (EMAs) to track both short-term and long-term behavior.
What Makes Up GMMA?
GMMA uses **two distinct sets of EMAs**:
Short-term EMAs (for active traders):** 3, 5, 8, 10, 12, and 15 periodsLong-term EMAs (for investors):** 30, 35, 40, 45, 50, and 60 periods
These lines appear as two “ribbons” on a price chart. The short-term group reflects quick trader reactions, while the long-term group shows the confidence of bigger market players.
How to Read It
When **both groups are moving upward and widely spaced**, it signals a strong and healthy uptrend.If the **short-term EMAs start rising and separate from the long-term ones**, it could mean the start of a bullish move.If the **short-term EMAs flatten or cross below the long-term EMAs**, it may suggest weakness, consolidation, or a possible trend reversal.
Why Use GMMA?
Helps confirm the **strength and direction of a trend**Clearly shows when traders and investors **agree or disagree**Useful for spotting **entry and exit points** in trending markets
Final Thoughts
GMMA offers a visual and reliable way to understand market momentum by blending short- and long-term perspectives. Whether you're a trader or an investor, it can add depth to your technical analysis and improve decision-making in trending environments.
$ETH $BTC
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