- *Token Details*: TREE is an ERC-20 token with a total supply of 1 billion tokens, and only 18.6% (186.12 million) are currently in circulation. - *Utility*: TREE serves multiple functions within the Treehouse ecosystem, including staking to support DOR Panelists via Pre-Deposit Vaults, participating in governance for protocol upgrades, and earning protocol rewards. - *Pre-Deposit Vaults*: Token holders can earn a guaranteed 50-75% APR by staking TREE to support rate forecasting Panelists ¹ ².
*Market Performance:*
- *Price*: TREE's price has crashed over 50% since its launch, currently trading at $0.53. - *Trading Volume*: Despite the price drop, trading volume has surged to $350 million, indicating strong selling pressure. - *Market Sentiment*: The Bull Bear Power indicator shows strong seller dominance, suggesting TREE could drop toward $0.30 if bearish momentum continues. However, the Relative Strength Index (RSI) has bounced back from oversold levels, indicating a possible shift in sentiment ³ ⁴.
*Airdrop and Listing:*
- *Binance Airdrop*: Binance launched a two-phase airdrop campaign, allowing select users to claim up to 100 TREE tokens. - *Listing*: TREE is listed on major exchanges, including Binance, Coinbase, OKX, and more ⁴.
*Potential Future Performance:*
- *Price Prediction*: If buying pressure builds, TREE may attempt a short-term rebound toward $0.76, with a further upside target of $1. - *Risks*: Increasing trading volume alongside a declining price often indicates growing selling pressure, which may strengthen the ongoing downtrend ³.
The world of cryptocurrency is booming, but so are crypto scams! 🚀 According to recent reports, crypto scam revenue is projected to surge past $12 billion by 2025, driven by sophisticated fraud schemes and the increasing use of generative artificial intelligence (AI) ¹.
*Types of Crypto Scams to Watch Out For:*
- *Pig Butchering Scams*: Scammers build trust with victims through fake investments, often beginning with innocent-seeming chat conversations. - *Deepfake Impersonations*: AI-powered deepfakes are used to impersonate trusted individuals or organizations, making scams more convincing. - *Phishing Attacks*: Scammers try to steal user credentials or sensitive information through fake emails, messages, or websites. - *Fake Investment Schemes*: Scammers promise unusually high returns or guaranteed profits, but it's all a ruse to steal your money. - *Romance Scams*: Scammers pose as romantic partners to emotionally manipulate victims into sending money or investing in fake *How to Protect Yourself:*
- *Do Your Research*: Verify the legitimacy of investment opportunities and platforms. - *Be Cautious*: Watch out for high-pressure tactics, unsolicited messages, and promises of unusually high returns. - *Use Secure Wallets*: Ensure your crypto wallets are protected with strong passwords and two-factor authentication. - *Stay Informed*: Keep up with the latest crypto news and trends to avoid falling victim to scams. - *Use Reputable Exchanges*: Stick to well-known, regulated cryptocurrency exchanges with strong security measures ².
*The Stats Are Alarming:*
- $9.3 billion lost to crypto scams in 2024, with a 66% increase from the previous year. - 83% of crypto investors have fallen victim to scams or hacks at least once. - Average loss per victim: $2,622 per incident. - Senior citizens are disproportionately affected, with average losses of $83,000 per victim ³ ⁴.
Stay vigilant, and don't let scammers get the best of you! 💪 Stay informed, stay safe, and invest wisely. 🤝 ² ³
#Bitcoin Position in Binance Current Price The current price of Binance Bitcoin (BTCB) is around $116,150, with a 24-hour trading volume of $99.76 million. This represents a -1.56% price decline in the last 24 hours.
Key Levels to Watch - *Support Level*: $116,289 - $116,773 is a critical zone. If it fails, we could see a drop toward $113,000 - $113,713. - *Resistance Level*: $120,538.6 is a key level to watch for a potential long position. - *Next Target*: $137,000, followed by $155,000, according to some analysts.
Market Sentiment The market sentiment is currently neutral, with some analysts predicting a potential correction before the next upward move.
Prediction for Next Week Based on technical analysis, some predictors expect Bitcoin to: - Reach $122,733, which could be the first target for a long position. - Experience a significant correction, potentially dropping to $112,600 or lower. - Continue its upward trend, with some analysts predicting prices above $160,000.
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These predictions are based on current trends and analyst opinions .thanks
#Bitcoin Position in Binance Current Price The current price of Binance Bitcoin (BTCB) is around $116,150, with a 24-hour trading volume of $99.76 million. This represents a -1.56% price decline in the last 24 hours.
Key Levels to Watch - *Support Level*: $116,289 - $116,773 is a critical zone. If it fails, we could see a drop toward $113,000 - $113,713. - *Resistance Level*: $120,538.6 is a key level to watch for a potential long position. - *Next Target*: $137,000, followed by $155,000, according to some analysts.
Market Sentiment The market sentiment is currently neutral, with some analysts predicting a potential correction before the next upward move.
Prediction for Next Week Based on technical analysis, some predictors expect Bitcoin to: - Reach $122,733, which could be the first target for a long position. - Experience a significant correction, potentially dropping to $112,600 or lower. - Continue its upward trend, with some analysts predicting prices above $160,000.
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These predictions are based on current trends and analyst opinions..Thanx