If Dogecoin implements deflation, will DOGE's price soar?
Recently, the Dogecoin community has exploded with news that one of the founders, Billy Markus, revealed on the X platform: Dogecoin is going to implement deflation! This news has stirred up a storm in the cryptocurrency world. However, the authenticity of the news is still uncertain and needs official confirmation. Deflation, simply put, means making money more valuable. For example, if a small cake used to cost 10 yuan, after deflation it would only cost 5 yuan, increasing the purchasing power of money. If Dogecoin wants deflation, developers need to submit key changes on GitHub, but the community members and miners must also agree, after all, this is everyone's 'treasure'. Currently, there are about 146.78 billion Dogecoins in circulation, with an additional 5 billion added each year, and the growth rate will gradually slow down. Unlike Bitcoin, which has a fixed supply, theoretically, Dogecoin's supply is continuous. However, Billy Markus stated that Bitcoin's rules can also be changed and predicted that Dogecoin might be more reliable than legal tender in the future.
Can DOGE rise to 1 dollar? You'll understand after reading this article!
How to know if DOGE can quickly break through 1 dollar, let’s analyze:
Current market situation DOGE is currently selling for about 0.32 dollars each, with a total of 14.73 billion coins in circulation. This adds up to a market value of approximately 9.8 billion dollars.
What happens if DOGE rises to 1 dollar If DOGE wants to rise to 1 dollar, its market value would need to be 140 billion dollars. That's no small amount, it would surpass BNB and XRP, becoming the third in the cryptocurrency space.
Why DOGE can rise First of all, DOGE has a particularly large fan base, including many KOLs and big players cheering for it. This makes everyone quite interested in it. Secondly, if DOGE can be used more for purchases, such as Tesla accepting it, or more platforms using it, people will want it even more. Finally, if the market is as hot as it was from the end of 2020 to the beginning of 2021, then the price could soar.
The outcome of this year's U.S. presidential election seems to play a key role in changing the fate of meme coins, with the upcoming pro-cryptocurrency government under Trump indicating a significant shift in regulatory attitude. Musk's continued support for DOGE remains a strong emotional driving force. Technical analysis confirms a bullish trend, with key indicators like the "golden cross" showing significant upward potential. Analyst Mikybull compared the current pattern with previous bull market cycles of Dogecoin, during which the token achieved nearly a 7,000% increase. Similarly, well-known crypto trader Javon Marks holds a similar view, predicting that if this momentum continues, DOGE could rise to 3 dollars or more.
Just a few days ago, a whale bought 90 million dollars worth of DOGE in forty-eight hours.
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The pancake suddenly rebounded from 89000 to above 94500 overnight. Although the price seems unchanged, the drastic fluctuations still cannot conceal the inability to rally.
The current coin price is nearing the upper small resistance level of 96000.
Current price 95500, enter short in batches.
Looking down at 94000, after breaking through, aim for 93000.
On January 7, 2025, Farside Investors reported total net Bitcoin ETF flows of $52.4 million. Specific flows included a massive inflow of $596.1 million from IBIT, indicating strong investor interest in the ETF. Conversely, ARKB saw significant outflows of $212.6 million and GBTC withdrew $125.4 million, suggesting that investor sentiment may be shifting away from these ETFs towards other opportunities in the market. FBTC recorded an outflow of $86.3 million, while BITB and EZBC saw outflows of $113.8 million and $5.6 million respectively. BTCO, BRRR, HODL, BTCW, and BTC recorded no flows, indicating that these funds were stable during this period.
The trading implications of these ETF flows are manifold. Significant inflows into IBIT can be interpreted as a bullish signal, reflecting increased investor confidence in its underlying asset. Instead, outflows from ARKB and GBTC may reflect a reallocation of capital or a shift in sentiment toward other opportunities in the Bitcoin ETF space. These changes may be affected by Bitcoin market conditions or broader macroeconomic factors. Despite outflows from certain funds, overall net inflows of $52.4 million indicate that the Bitcoin ETF remains positive.
The market activity surrounding these ETFs must be considered when analyzing the day's technical indicators and trading volume. Inflows and outflows indicate each fund's different levels of liquidity and volatility. For example, large inflows into IBIT may correspond to an increase in trading volume, indicating rising interest and possible upward price pressure. Conversely, outflows from ARKB and GBTC could indicate reduced liquidity or possible downward price pressure. These ETF flows can serve as important indicators, helping traders identify which funds are gaining traction and which are losing favor, impacting market strategies. Traders should monitor these flows closely in conjunction with traditional technical indicators such as moving averages and the Relative Strength Index to better understand market dynamics and make informed trading decisions. #ETH $ETH
The third phase of Binance Megadrop is live, from January 7 to January 17, lasting 10 days. This time, it is necessary to stake $BNB regularly to receive the SOLV airdrop. This SOLV airdrop is divided into two tasks like before. The first task is to stake BNB in fixed investment to earn points; the more you have and the longer the investment period, the more points you earn. The second task is to complete tasks in the web3 wallet to earn corresponding points; the more points you have, the more airdrop tokens you will receive. #币安MegadropSOLV
Binance Announcement
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Solv Protocol (SOLV) Megadrop Now Open: Purchase BNB Periodic Products or Complete Web3 Tasks to Participate!
IMPORTANT: Binance will be the first platform to list this token. Any claims of selling this token before the stated timeline are false advertising. Please do your own research to ensure your funds are safe! This is a general announcement and the products and services mentioned here may not be available in your area. Dear User: Binance launches the third Megadrop project - Solv Protocol (SOLV), a Bitcoin staking protocol focused on building a financial ecosystem with Bitcoin at its core. Users can participate in the SOLV Megadrop from 08:00:00 (ET) on January 7, 2025. The Solv Protocol (SOLV) Megadrop App is expected to be launched within approximately twelve hours of this announcement.
Dogecoin Future Market Analysis Dogecoin DOGE real-time price increased by 3.01% to $0.37213, in an upward trend with strong upward momentum, but the Williams indicator shows it is in an overbought state. Here is a comprehensive analysis of Dogecoin's market in the coming days:
Technical Analysis
According to NetEase news, Dogecoin's Ichimoku chart shows bullish momentum, with DOGE breaking through the red cloud and green cloud indicating further upward movement. The DMI reflects an strengthening trend, with an ADX of 21.5 and +DI dominating, indicating that strong buying activity is driving the upward trend. Meanwhile, a golden cross may be forming, which is a positive bullish signal. Once it successfully breaks through the resistance level of $0.36, DOGE's price may continue to rise to higher resistance levels of $0.387 and $0.415. However, if the upward trend loses momentum and the market reverses, DOGE's price may test its current support level of $0.30. If it fails to maintain this level, the price may drop further, with the next solid support level being $0.26.
Market Sentiment Analysis
Recently, the rise of Dogecoin has attracted more investors' attention, leading to increased market activity. Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment. However, it is also important to note that when the market is in an overbought state, it often means that the risk of a pullback is increasing.
Risk Factors Analysis
Dogecoin is a meme coin, lacking strong technical support and practical application scenarios. Its price increase is largely driven by market sentiment, making it highly volatile and posing high investment risks. Additionally, the cryptocurrency market is subject to strict regulation, and changes in policies may have a significant impact on Dogecoin's price.
In summary, Dogecoin is currently in an upward trend, but due to market uncertainties and its own risk factors, there are significant variables in the market in the coming days. Investors should closely monitor the breakthrough of key resistance levels and changes in market sentiment, and make investment decisions cautiously.
#bio# will be officially listed on Binance trading at 6 o'clock tonight. This coin is currently destined to be in a state of crazy high valuation.
1. Comparison of airdrop funds and valuation There is a significant gap between Bio’s airdrop volume and market valuation. Based on the air investment capital of US$1.4 billion and the amount of Bio airdrop of 100 million, if calculated based on the annualized rate of return, the return rate of the airdrop is 1%, which is a profit of US$140 million. This calculation assumes that the market pushes Bio’s value to $1.4, which means Bio’s valuation reaches $1.82 billion ($1.4 * 1.3 billion in circulation). But this is obviously a very high valuation, especially compared with similar projects (such as Usual stablecoin, with a current market value of US$470 million), which seems unreasonable.
The DeSci section #BIO driven by CZ and Vitalik will be listed on Binance in two hours! The launch may directly become the leader of the DeSci track
It came into people's attention because CZ and Vitalik jointly participated in an offline meeting on the theme of DeSci in Bangkok, which made this track regain the attention of the market
Financing: BIO Protocol currently has a total financing of $30.2 million, led by Binance Labs
Related information: ●Co-founder and CEO: Paul Kohlhaas ● Total: 3.32 billion ●Initial circulation: 1.296 billion ●10% of the total amount is used for airdrops ●Current Sesame pre-market trading: $0.98, market value: 1.27 billion $BTC ●European/Italian call auction will be held 45 minutes before the opening
Market makers: Binance and METEORA
Benchmark currencies VITA: $140 million RSC: $120 million
Suggestion: According to the amount of financing, the pre-market trading market value is too high. According to the current futures price of Bio, it is $0.87, which is lower than the expected airdrop price of $1.4. I suggest that it is worth a try if the market value is 400-500 million.
The following is some analysis of BTC's market in the next few days:
Short-term (next 1-3 days)
• Technical aspect: On January 3, some opinions believed that BTC was in a rebound and repair market. If it could break through 98,000 points, it is expected to further rush up to the 100,000-102,000 range, with the key point near 108,000. However, some analysts pointed out that according to the 4-hour K-line analysis at 16:00 on January 2, the MACD histogram continued to be positive and gradually became shorter, the strength of the bulls weakened, and the KDJ indicator showed overbought.
• Market sentiment: The market is more optimistic about the market on January 3. Some people believe that Bitcoin will break through 98,000 points and rush up to 100,000 again, and altcoins will also follow the rise. However, there is still some uncertainty in the overall market sentiment, and investors have different opinions on whether to chase highs.
• Funding: There is no obvious sign of a large inflow or outflow of funds, but some believe that with the possible injection of $15 billion of funds from FTX on January 6, there will be a wave of buying preheating and speculation.
Medium-term (next 4-7 days)
• Macroeconomics: The United States will release unemployment data on January 10. Although the data is expected to perform well, there may be panic and risk aversion in the market before the official release, which will affect the price of BTC. In addition, Trump will officially take office on January 20. The market generally expects that there will be some policy changes after he takes office, which may have an impact on BTC, but the specific direction and extent of the impact are still uncertain.
• Market cycle: Some analysts believe that the downward trend of Bitcoin at the end of 2024 may continue until 2025. Referring to historical patterns, there is a risk of continued decline, but once buyers enter the market, it is expected that Bitcoin will rebound after the New Year and regain the lost ground of $95,400.
• Regulatory policy: There is still uncertainty in the current regulatory policy of the Bitcoin market. If the United States introduces a supportive regulatory framework, it will play a crucial role in the performance of Bitcoin prices. However, if the regulatory policy becomes stricter, it may exert greater downward pressure on BTC prices.
At 6 PM this afternoon, Binance will launch BIO, let's see how its potential is!
Currently, the highest multiple of private placement participation in BIO has reached 92 times, while the lowest in public offerings is nearly 15 times. According to Binance's research report, the BIO Protocol has raised a total of $30.2 million through public and private placements. There were two rounds of private placements, raising a total of $2.3 million, with valuations of $35 million and $69 million respectively; and three rounds of public offerings (the BIO Genesis auction), raising a total of $27.9 million, with valuations of $85 million, $142 million, and $219 million in the three rounds. Introduction to BIO The BIO protocol is the financial layer of DeSci, aimed at accelerating the inflow of capital and talent into on-chain science. It creates shared intellectual property ownership among members. BIO DAO can raise funds using the auction contracts of the BIO protocol, directly using the funds for research projects, IP assets, and other biotechnology organizations.
January 2, 2025 The market is consolidating, while the AI sector on-chain is exploding. According to CoinGecko, the total market capitalization of AI sector tokens has surpassed $48.7 billion, with a 24-hour increase of 13.3%, marking the first shot in the rising sectors of 2025. Key focus: VIRTUAL has surged over 18% in 24 hours, currently priced at $4.72, with a market capitalization rising to $4.72 billion, setting a historical high. ZEREBRO has surged over 16% in 24 hours, priced at $0.72, with a market capitalization rising above $700 million, setting a historical high. AI16Z has surged over 31%, currently priced at $2.37, with a market capitalization that once exceeded $2.5 billion, setting a historical high.
Awesome! Elon Musk's avatar has been directly changed to Pepe, and it quickly surpassed the price level I mentioned before. It seems that the probability of Pepe becoming the second dog is quite high. The leading meme in this bull market should be Pepe. $PEPE
小马vV
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The PEPE craze is on the rise again. Will $0.0000191 be its take-off price?
The PEPE craze is on the rise again. Will $0.0000191 be its take-off price?
Let’s take a look at the latest information first: The address "Smart Money that has earned $4.92 million through PEPE swings in the past six months" added another $2.79 million of PEPE in the early morning, and the current swing position has increased to 817.9 billion PEPE. In the past week, he has withdrawn a total of $14.25 million worth of PEPE from Kraken, with an average price of $0.00001742. It is currently the top-ranked asset held by the address, with a floating profit of $695,000.
A whale sold its $PEPE when the market fell on December 19, making a profit of $11.7 million. In the following 6 days, the whale bought another 1.42 trillion $PEPE after the market correction, with a total value of approximately $24.5 million.
Will Desci Become the Hottest Sector Leading the Crypto Market in 25 Years?
The Origin and Rise of the Desci Concept Promoted by CZ and Vitalik!
The Initiator of the Desci Concept: The concept of DeSci (Decentralized Science) was proposed by Jason Fang, Managing Partner of Sora Ventures, in 2022.
What is DeSci?
It is a movement that utilizes Web3 technology to build public infrastructure for scientific research, aiming to promote fairness, transparency, and openness in scientific research through decentralization. DeSci involves integrating blockchain technology into scientific research, with the goal of fundamentally changing the traditional scientific ecosystem by enhancing transparency, decentralization, and collaboration.
The Rise of the Desci Concept In November 2024, the concept of DeSci was further promoted through discussions between Binance founder Zhao Changpeng and Ethereum founder Vitalik Buterin at a small meeting after the Bangkok summit. During this period, CZ expressed hope to see 1,000 such projects listed by 2025, gaining widespread attention in the cryptocurrency market. Currently, the DeSci market is still in its early stages, with speculative hype being its main driving factor.
Next, let's take a look at the hottest concept token in the Desci sector, BIO.
BIO is a decentralized science (DeSci) management and liquidity protocol.
In terms of staking returns, for the same staking amount, the yield from the FDUSD pool is higher than that from the BNB pool, as the BNB pool has more participants and total amount, resulting in relatively lower mining returns. Binance's 63rd Launchpool is ongoing, where you can stake BNB or FDUSD to earn BIO for free.
The first round presale of the BIO token was $0.025, and the final round was $0.066. Currently, it is trading pre-market at $0.96, with an increase of more than twenty or thirty times. The market capitalization is $1.2 billion, and the current number of participants in Binance's staking airdrop is 1.73 million, widely regarded as a top project, and it will be listed on Binance exchange at 18:00 on the 2nd of next month.
BIO is deployed on the Ethereum chain, with an initial total supply of 3.32 billion tokens and no maximum supply. In the future, it may be decided through community voting whether to increase the supply. The mechanism for increasing the supply requires deploying a new token contract to replace the current BIO token. Additionally, BIO also plans to airdrop BIO to URO and RIF token holders to enhance the visibility of the DeSci ecosystem. #DeSci热度上涨
As expected of a king, this sharing is very useful
加密无缺_King
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The Origin and Rise of the Desci Concept Boosted by CZ and Vitalik!
Initiator of the Desci Concept: The concept of DeSci (Decentralized Science) was proposed by Jason Fang, Managing Partner of Sora Ventures, in 2022.
What is DeSci? It is a movement to build public infrastructure for scientific research using Web3 technology, aiming to promote fairness, transparency, and openness in scientific research through decentralization. DeSci involves integrating blockchain technology into scientific research, with the goal of transforming the traditional scientific ecosystem by improving transparency, decentralization, and collaboration.
The Rise of the Desci Concept: In November 2024, the concept of DeSci was further promoted through discussions between Binance founder Zhao Changpeng and Ethereum founder Vitalik Buterin at a small meeting after the Bangkok summit. During this period, CZ expressed a desire to see 1,000 such projects listed by 2025, attracting widespread attention in the cryptocurrency market. Currently, the DeSci market is still in its early stages, and hype is its main driving factor.
Some Concept Coins of Desci: 49405310952: Will be listed on Binance on the 2nd of next month at 18:00, currently pre-trading at $0.91, market cap $1.2 billion, current number of participants in Binance staking for airdrop: 1.73 million, widely considered a top-tier coin.
86321395354: Market cap $196,175,352,446, number of holding addresses: 29,800 (daily average $1.1 has been tested three times, recently expected to break through the new high of $1.36, if BIO continues to rise on Binance, RSC will inevitably follow) widely considered a second-tier coin.
#hpo : Market cap $22 million, number of holding addresses: 3,760. #VITA : Market cap $160 million, number of holding addresses: 5,840. #LAKE : Market cap $16.7 million, number of holding addresses: 9,800.
URO and RIF are highly volatile, currently not judging!
The popularity of DeSci cannot be separated from the backing of Binance! I predict that DeSci and AI Agents may become the hottest sectors in 2025. The year 2023 is for inscriptions, 2024 is for MEME, and DeSci and AI Agents are expected to achieve significant growth in 2025 and lead the cryptocurrency market.
Follow me for daily new knowledge and accurate coin picks!
The PEPE craze is on the rise again. Will $0.0000191 be its take-off price?
The PEPE craze is on the rise again. Will $0.0000191 be its take-off price?
Let’s take a look at the latest information first: The address "Smart Money that has earned $4.92 million through PEPE swings in the past six months" added another $2.79 million of PEPE in the early morning, and the current swing position has increased to 817.9 billion PEPE. In the past week, he has withdrawn a total of $14.25 million worth of PEPE from Kraken, with an average price of $0.00001742. It is currently the top-ranked asset held by the address, with a floating profit of $695,000.
A whale sold its $PEPE when the market fell on December 19, making a profit of $11.7 million. In the following 6 days, the whale bought another 1.42 trillion $PEPE after the market correction, with a total value of approximately $24.5 million.
In the past hour, 800 million BGB, worth 5.2 billion dollars, has been burned through 5 multi-signature addresses at the BGB deployment address. Three days ago, BGB released a new version of the white paper: it will first burn 800 million BGB, accounting for 40% of the total supply, and it seems that the burn has been completed. This move may impact BGB's market value and performance, and is worth continued attention. From the daily chart perspective, after continuously reaching new historical highs, BGB experienced a pullback, showing two consecutive days of declines with increased trading volume, likely due to profit-taking sell-offs. However, the trend has not been broken, and there is support at MA10 below, so in the short term, a pullback to around 6 seems to be basically in place. After the adjustment, it is expected to continue to challenge the previous high of 8.5. For those who like to bottom fish or increase their positions, the 6 level is a good opportunity to buy BGB spot, cherish the intraday pullbacks. #BGB #加密ETF申请热潮涌现
A Must-Read for SHIB Holders! Will the Next Moment Disrupt the Crypto World?
Shiba Inu (SHIB) is a meme coin inspired by Dogecoin but built on the Ethereum blockchain. SHIB was launched in August 2020 by an anonymous developer named Ryoshi, initially possessing trillions of tokens. Half of the tokens were sent to Ethereum co-founder Vitalik Buterin, who donated and burned a large number of tokens, increasing the visibility of SHIB. Unlike Dogecoin, SHIB's Ethereum base supports applications like ShibaSwap (a decentralized exchange). Plans for an NFT platform and a DAO-based governance system are in place. Integration with the Ethereum ecosystem gives SHIB the potential for broader use cases. In the current market cycle, SHIB's development may attract attention due to its continuously expanding features.
It's Rising! It's Rising! It's Rising! AI concept tokens are experiencing a general increase, with AIXBT, FAI, and other coins reaching new highs.
According to GMGN market information, today AI tokens are generally rising, with AIXBT, FAI, and other coin prices reaching new highs, among which:
AIXBT reached a historic high of $0.4856 before retreating, currently quoted at $0.4809, with a 24-hour increase of 28.9%;
FAI reached a historic high of $0.0299 before retreating, currently quoted at $0.0293, with a 24-hour increase of 27%;
The AI framework protocol ARC is currently quoted at $0.2946, with a 24-hour increase of 22%;
The AI multi-agent collaboration protocol SWARMS reached a new high of $0.03882 during trading before retreating, currently quoted at $0.03736, with a 24-hour increase of 49.5%.
How much do you know about #DOGE Dogecoin? Relevant data:
◓ Unlimited issuance: Did you know? Dogecoin is being issued every minute, increasing by tens of thousands, which amounts to 5 billion new coins a year. At the current price, this can increase Dogecoin's market value by 200 million annually, with an increase of about 3%.
◓ Co-founders: Billy Markus and Jackson Palmer founded it on December 6, 2013, with an initial issuance price of $0.00059. People could mine it using their computers. Billy Markus sold his Dogecoin in 2015 to buy a used Honda Civic.
◓ Dogecoin's market makers: Mainly includes Binance and Robinhood.
◓ Coin holders/wallet addresses: 7.5 million coin holder addresses, 93.5 million wallet addresses, with the top ten holding over 42% in total.
◓ Lost and dormant: Statistics show that since its inception, about 11.2% of Dogecoin has been permanently lost, approximately 200 billion coins, and about 19% has been dormant for over a year, approximately 380 billion coins.
◓ Musk's influence: In 2021, Musk promoted $DOGE with a 400% increase in one day, but the power gradually weakened. Dogecoin to the moon: up 238%. Acquisition of Twitter: 163%. 2023 Twitter profile picture change: up 30%. During this period: Dogecoin subscription to Twitter: up 10%. Dogecoin payments for SpaceX: up 11%. Buying Tesla merchandise: up 30%. Claiming it is the people's currency: up 90%. Most increases quickly fell back; once he called Dogecoin a scam in an interview, it dropped 34%. This year he supported Trump and mentioned Dogecoin multiple times, leading to a 400% increase.
◓ Payment scenarios: In over 100 countries, its payment scenarios are second only to BTC. After Musk's endorsement, it became more widely known, even high school girls know about it, and KTV princesses hold it!
The general sentiment in the market for #DOGE is optimistic, with the prospect of breaking $1 in the future. Tonight is Christmas Eve. Throughout history, the crypto space has been tumultuous multiple times, and currently, mainstream and altcoins have been consolidating around the moving averages for nearly 5 days. In the coming days, a direction must be chosen! Try to avoid high leverage! Altcoins continue to experience large drops and buys, and small drops and buys!
On December 25, Ethereum (ETH) turned downward from the 20-day EMA ($3,540), and on December 27, the bear market thwarted its rebound attempt.
The ETH/USDT currency pair may fall to the recent support level of $3,200. This is a key support level to watch in the near term, as if this support level fails, the currency pair could drop to $3,000 and eventually to $2,850. Buyers are expected to fiercely defend the $3,000 to $2,850 range.
Bulls must push and maintain the price above the 20-day EMA to indicate that selling pressure is decreasing. The currency pair is likely to gain momentum above $3,555 and rebound towards the strong resistance level of $4,094. #ETH走势分析