KAKOS TRADER
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The creation of Matt Furie, Toki the dragon is a dynamic and devoted guardian of the mysterious trio Mystery, Vot and Hoodrat. With scales that sparkle with yellow sapphires and rubies, Toki is as charming as she is powerful. She is a fierce protector of her friends, combining a playful spirit with unwavering courage. Whether soaring through the skies or releasing a fiery breath, Toki ensures the safety of her companions and protects their magical world from any threat. Her bond with Mystery, Hoodrat and Vot is unbreakable, and together they embark on adventures filled with humor, heartfelt emotion and the charm of Furie's imaginative art. #FutureListing #TelegramCrypto
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Ethereum (ETH) extended its streak of underperformance against Bitcoin (BTC). The token fell below 0.029 per BTC during the latest market correction.
Ethereum (ETH) has yet to stop its sliding trend against Bitcoin (BTC). The token has now fallen to 0.027 per BTC, testing levels not seen since 2020. ETH had already crossed the threshold of 0.030 BTC, which was its benchmark level just before the bull market of 2021.
ETH has now completed a round unwanted value against BTC, after peaking at 0.085 BTC in December 2021. The downward trend of ETH has found little relief since the 2022 market crash, continuing to slide despite the increasing utility of the token.
The biggest problem for ETH is that none of the use cases over the last five years have been good enough to establish the token's influence against BTC. At one point, the NFT boom, the expansion of Web3, blockchain gaming, and DeFi were the most popular developments in the crypto space. However, none of those developments had a significant effect on the price of ETH, even though the chain remains key to most current crypto activities.
ETH had a dynamic trading day on February 3, dropping as low as $ 2.080 with the highest number of liquidations and sales since August 2024. Within hours, smart money began buying again, pushing the token up to $ 2.900. ETH then stabilized around $ 2.709.72, although it still raised questions about its potential to reclaim the level of $ 4.000 and move to a higher price range.
Ethereum (ETH) has yet to stop its sliding trend against Bitcoin (BTC). The token has now fallen to 0.027 per BTC, testing levels not seen since 2020. ETH had already crossed the threshold of 0.030 BTC, which was its benchmark level just before the bull market of 2021.
ETH has now completed a round unwanted value against BTC, after peaking at 0.085 BTC in December 2021. The downward trend of ETH has found little relief since the 2022 market crash, continuing to slide despite the increasing utility of the token.
The biggest problem for ETH is that none of the use cases over the last five years have been good enough to establish the token's influence against BTC. At one point, the NFT boom, the expansion of Web3, blockchain gaming, and DeFi were the most popular developments in the crypto space. However, none of those developments had a significant effect on the price of ETH, even though the chain remains key to most current crypto activities.
ETH had a dynamic trading day on February 3, dropping as low as $ 2.080 with the highest number of liquidations and sales since August 2024. Within hours, smart money began buying again, pushing the token up to $ 2.900. ETH then stabilized around $ 2.709.72, although it still raised questions about its potential to reclaim the level of $ 4.000 and move to a higher price range.
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Ethereum is gaining momentum ahead of the upcoming Pectra update. Vitalik Buterin has revealed key details about the update, one of which is the confirmed date of March 2025.
In addition to the confirmed date, the co-founder of Ethereum
Pectra, expected in March, will raise the BLOB target from 3 to 6, doubling the capacity of L2S.
In my opinion, we should also make the Blob target voted on by Stakers, so it can increase support for technological improvements without waiting for hard forks.
- Vitalik.eth (@vitalikbuterin) February 4, 2025
This announcement came after statistics showed that Ethereum's gas limit had surpassed 32 million. The increase in the gas cap is significant because it allows validators to handle more transactions in each block.
The good news is that almost half, 49.5%, of Ethereum blocks show support for raising the gas cap.
The co-founder of Ethereum also mentioned significant progress on Ethereum Improvement Proposal (EIP) 4444. The proposal will make old data expire and move towards a stateless system. It will introduce a new binary tree plan.
The Pectra Update - Details
The update focuses on helping Ethereum users. It is apparently intended to make the Ethereum network faster, more scalable, and easier to use. Additionally, tools like Verkle Trees and Peerdas would reduce costs.
Now to the technical part. For the state, this update involves up to 20 changes called Ethereum Improvement Proposals (EIPS). The update has been divided into two parts.
Pectra is temporarily alleviating scaling issues by increasing the number of blobs for data availability from three to six.
Mallesh Pai, a senior research head at Consensys, says that the plan to double the blobs was not considered just six months ago. However, even with this change, it will not be enough to handle the high demand for L2S.
In addition to the confirmed date, the co-founder of Ethereum
Pectra, expected in March, will raise the BLOB target from 3 to 6, doubling the capacity of L2S.
In my opinion, we should also make the Blob target voted on by Stakers, so it can increase support for technological improvements without waiting for hard forks.
- Vitalik.eth (@vitalikbuterin) February 4, 2025
This announcement came after statistics showed that Ethereum's gas limit had surpassed 32 million. The increase in the gas cap is significant because it allows validators to handle more transactions in each block.
The good news is that almost half, 49.5%, of Ethereum blocks show support for raising the gas cap.
The co-founder of Ethereum also mentioned significant progress on Ethereum Improvement Proposal (EIP) 4444. The proposal will make old data expire and move towards a stateless system. It will introduce a new binary tree plan.
The Pectra Update - Details
The update focuses on helping Ethereum users. It is apparently intended to make the Ethereum network faster, more scalable, and easier to use. Additionally, tools like Verkle Trees and Peerdas would reduce costs.
Now to the technical part. For the state, this update involves up to 20 changes called Ethereum Improvement Proposals (EIPS). The update has been divided into two parts.
Pectra is temporarily alleviating scaling issues by increasing the number of blobs for data availability from three to six.
Mallesh Pai, a senior research head at Consensys, says that the plan to double the blobs was not considered just six months ago. However, even with this change, it will not be enough to handle the high demand for L2S.
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At the time of writing, the price of ETH is trading at $2,816, with daily gains of 8%, weekly losses of 10.8%, and monthly losses of 22%.
The cryptocurrency market in general is experiencing a recovery after the sharp drop last weekend.
ETH stands out with a significant rebound that has captured the attention of several investors. Among them is Eric Trump, son of Donald Trump and participant in the Word Financial Liberty project, who expressed his opinion on X about the current moment of the token:
In my opinion, it’s a great time to add $ETH.
— Eric Trump (@EricTrump) February 3, 2025
"In my opinion, it’s a good time to add ETH," stated the former president's son.
Why is the price of ETH recovering?
The price of ETH is recovering strongly due to two main factors that have influenced both the macroeconomic environment and the infrastructure of the Ethereum network.
On one hand, the tariff policy of the U.S., implemented by Donald Trump, has shown signs of easing. As affected countries reach agreements with the U.S. government, such as Mexico, the markets have reacted positively.
The cryptocurrency market in general is experiencing a recovery after the sharp drop last weekend.
ETH stands out with a significant rebound that has captured the attention of several investors. Among them is Eric Trump, son of Donald Trump and participant in the Word Financial Liberty project, who expressed his opinion on X about the current moment of the token:
In my opinion, it’s a great time to add $ETH.
— Eric Trump (@EricTrump) February 3, 2025
"In my opinion, it’s a good time to add ETH," stated the former president's son.
Why is the price of ETH recovering?
The price of ETH is recovering strongly due to two main factors that have influenced both the macroeconomic environment and the infrastructure of the Ethereum network.
On one hand, the tariff policy of the U.S., implemented by Donald Trump, has shown signs of easing. As affected countries reach agreements with the U.S. government, such as Mexico, the markets have reacted positively.
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For investors of ether (ETH), the native currency of Ethereum, who are disappointed by the weak performance of the asset in this bullish cycle, there are still signs indicating the possibility of a rebound in the short or medium term.
In fact, Ali Martínez, a financial markets analyst, projects that ETH still has a chance to reach 7,000 dollars.
To support his claim, he shared a chart showing an "inverted head and shoulders" pattern and adds: "ETH must stay above 2,700 dollars to maintain its bullish structure."
In the previous chart, the dotted lines labeled "left shoulder," "head," and "right shoulder" highlight a trend reversal pattern, meaning it could be changing its bearish direction to a bullish one.
In fact, Ali Martínez, a financial markets analyst, projects that ETH still has a chance to reach 7,000 dollars.
To support his claim, he shared a chart showing an "inverted head and shoulders" pattern and adds: "ETH must stay above 2,700 dollars to maintain its bullish structure."
In the previous chart, the dotted lines labeled "left shoulder," "head," and "right shoulder" highlight a trend reversal pattern, meaning it could be changing its bearish direction to a bullish one.
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Ethereum has long been the undisputed king of smart contract platforms. However, as 2025 rolls on, cracks have begun to appear in its foundation.
The Ethereum Foundation (EF), a non-profit organization tasked with overseeing blockchain development, is facing one of its most turbulent times yet.
ETH: Conflict of Interest and Transparency Issues
Leadership changes, internal conflicts, and a controversial $165 million investment in DeFi have raised concerns about Ethereum’s governance and neutrality. These struggles have come at a critical time. The crypto market is changing, and new contenders are emerging as serious challengers to Ethereum’s position as the second-largest cryptocurrency.
Vitalik Buterin recently confirmed a shakeup within the Ethereum Foundation to address long-standing governance issues. This reform was prompted by controversies such as the EigenLayer scandal, where two Ethereum Foundation researchers, Justin Drake and Dankrad Feist, took on highly lucrative advisory roles
The Ethereum Foundation (EF), a non-profit organization tasked with overseeing blockchain development, is facing one of its most turbulent times yet.
ETH: Conflict of Interest and Transparency Issues
Leadership changes, internal conflicts, and a controversial $165 million investment in DeFi have raised concerns about Ethereum’s governance and neutrality. These struggles have come at a critical time. The crypto market is changing, and new contenders are emerging as serious challengers to Ethereum’s position as the second-largest cryptocurrency.
Vitalik Buterin recently confirmed a shakeup within the Ethereum Foundation to address long-standing governance issues. This reform was prompted by controversies such as the EigenLayer scandal, where two Ethereum Foundation researchers, Justin Drake and Dankrad Feist, took on highly lucrative advisory roles
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how interesting
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BTTC Token Supply Countdown:
As $BTTC approaches its supply cap of 990 billion tokens, traders should be prepared for potential price movements driven by scarcity and market sentiment. Here is a pure prediction and steps to consider:
Prediction:
Given the approaching supply cap and the historic surge in token releases, the price could surge due to rising demand as traders rush to secure their positions before supply becomes even more limited. However, keep in mind that market conditions or unexpected delays in the final token release could create short-term volatility. If the scarcity narrative gains traction, it could attract more investors looking to capitalize on future price appreciation.
What Traders Should Do Now:
1. Accumulate Positions: Given the limited supply and potential price increase, traders should look to buy and hold $BTTC tokens, especially if they believe in the long-term growth and adoption of the peer-to-peer network.
2. Watch Market Trends: Keep an eye out for any sudden changes in demand or shifts in market sentiment that could trigger rapid price movements. Being one step ahead will allow you to act quickly.
3. Diversify Your Portfolio: While $BTTC represents an opportunity, diversifying across multiple assets will help mitigate risk, especially if volatility increases as the token supply approaches its limit.
4. Stay Updated: Keep track of any network changes, partnerships, or supply updates that may impact the price dynamics of $BTTC. Any news related to its real-world use or adoption could significantly influence its market value.
As $BTTC approaches its supply cap of 990 billion tokens, traders should be prepared for potential price movements driven by scarcity and market sentiment. Here is a pure prediction and steps to consider:
Prediction:
Given the approaching supply cap and the historic surge in token releases, the price could surge due to rising demand as traders rush to secure their positions before supply becomes even more limited. However, keep in mind that market conditions or unexpected delays in the final token release could create short-term volatility. If the scarcity narrative gains traction, it could attract more investors looking to capitalize on future price appreciation.
What Traders Should Do Now:
1. Accumulate Positions: Given the limited supply and potential price increase, traders should look to buy and hold $BTTC tokens, especially if they believe in the long-term growth and adoption of the peer-to-peer network.
2. Watch Market Trends: Keep an eye out for any sudden changes in demand or shifts in market sentiment that could trigger rapid price movements. Being one step ahead will allow you to act quickly.
3. Diversify Your Portfolio: While $BTTC represents an opportunity, diversifying across multiple assets will help mitigate risk, especially if volatility increases as the token supply approaches its limit.
4. Stay Updated: Keep track of any network changes, partnerships, or supply updates that may impact the price dynamics of $BTTC. Any news related to its real-world use or adoption could significantly influence its market value.
#Solana
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Elon Musk predicts that the cryptocurrency market could fall by 90%: reality or deception?
In a recent statement, Elon Musk –CEO of Tesla and SpaceX– shocked the cryptocurrency community by expressing his concern about the possibility of this market undergoing a significant correction. "If the inflation of the dollar is addressed, the dollar value of cryptocurrencies will actually decrease, all else being equal," he said.
Musk's forecast: the market could drop sharply
Musk's comments focused on the relationship between inflation and the value of cryptocurrencies when converted to US dollars. With falling inflation and a rising dollar, cryptocurrencies –considered a hedge against the devaluation of fiat currencies– could lose some of their appeal. This scenario could lead to a significant correction, with the value of some digital assets dropping by up to 90%.
The main reason for the prediction.
Global economic stability: if central banks successfully control inflation, confidence in fiat currencies will increase, reducing the need to invest in decentralized assets like Bitcoin or Ethereum.
Overvaluation: The cryptocurrency market has repeatedly witnessed sharp corrections after periods of significant growth, and this could happen again.
Effects of economic policy: stricter regulations on cryptocurrencies from major countries like the United States, China, or the European Union could also put pressure on market values.
High volatility of cryptocurrencies
The cryptocurrency market is known for its unpredictable volatility, where sharp price increases or decreases often occur in just a few days. However, experts also warn that Musk's comments –while noteworthy– should be considered with caution.
In a recent statement, Elon Musk –CEO of Tesla and SpaceX– shocked the cryptocurrency community by expressing his concern about the possibility of this market undergoing a significant correction. "If the inflation of the dollar is addressed, the dollar value of cryptocurrencies will actually decrease, all else being equal," he said.
Musk's forecast: the market could drop sharply
Musk's comments focused on the relationship between inflation and the value of cryptocurrencies when converted to US dollars. With falling inflation and a rising dollar, cryptocurrencies –considered a hedge against the devaluation of fiat currencies– could lose some of their appeal. This scenario could lead to a significant correction, with the value of some digital assets dropping by up to 90%.
The main reason for the prediction.
Global economic stability: if central banks successfully control inflation, confidence in fiat currencies will increase, reducing the need to invest in decentralized assets like Bitcoin or Ethereum.
Overvaluation: The cryptocurrency market has repeatedly witnessed sharp corrections after periods of significant growth, and this could happen again.
Effects of economic policy: stricter regulations on cryptocurrencies from major countries like the United States, China, or the European Union could also put pressure on market values.
High volatility of cryptocurrencies
The cryptocurrency market is known for its unpredictable volatility, where sharp price increases or decreases often occur in just a few days. However, experts also warn that Musk's comments –while noteworthy– should be considered with caution.
Announcement
Support Center
Announcement
New Cryptocurrency Listing
Solv Pr...cipate!
Solv Protocol (SOLV) Megadrop Is Now Open: Subscribe to BNB Locked Products or Complete Web3 Quests to Participate!
2025-01-06 03:34
IMPORTANT: Binance will be the first platform to list the token mentioned herein. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce the 3rd project on Binance Megadrop - Solv Protocol (SOLV), a Bitcoin staking protocol, building a Bitcoin-centric financial ecosystem. Users can start participating in the SOLV Megadrop from 2025-01-07 00:00:00 (UTC). The SOLV Megadrop page is estimated to be available on the Binance App in 12 hours.
Binance will then list Solv Protocol (SOLV) at 2025-01-17 10:00 (UTC) and open trading with SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY trading pairs. The seed tag will be applied to SOLV.
SOLV Megadrop Period:
2025-01-07 00:00:00 (UTC) to 2025-01-16 23:59:59 (UTC)
BNB Locked Products Snapshot Period:
To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2025-01-07 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.
Web3 Quest Period:
Users may complete Web3 Quest(s) during the Quest Period.
Web3 Quest 1: “Stake 0.0001 BTCB on Solv Protocol” (Tutorial)
2025-01-17 06:00:00 (UTC)
Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Account.
SOLV Megadrop Details:
Token Name: Solv Protocol (SOLV)
Max Token Supply: 9,660,000,000 SOLV (dynamic, may increase via network governance for Bitcoin Reserve Offering)
Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply)
Megadrop Token Rewards: 588,000,000 SOLV ( 7.00% of genesis token supply,
Support Center
Announcement
New Cryptocurrency Listing
Solv Pr...cipate!
Solv Protocol (SOLV) Megadrop Is Now Open: Subscribe to BNB Locked Products or Complete Web3 Quests to Participate!
2025-01-06 03:34
IMPORTANT: Binance will be the first platform to list the token mentioned herein. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce the 3rd project on Binance Megadrop - Solv Protocol (SOLV), a Bitcoin staking protocol, building a Bitcoin-centric financial ecosystem. Users can start participating in the SOLV Megadrop from 2025-01-07 00:00:00 (UTC). The SOLV Megadrop page is estimated to be available on the Binance App in 12 hours.
Binance will then list Solv Protocol (SOLV) at 2025-01-17 10:00 (UTC) and open trading with SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY trading pairs. The seed tag will be applied to SOLV.
SOLV Megadrop Period:
2025-01-07 00:00:00 (UTC) to 2025-01-16 23:59:59 (UTC)
BNB Locked Products Snapshot Period:
To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2025-01-07 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.
Web3 Quest Period:
Users may complete Web3 Quest(s) during the Quest Period.
Web3 Quest 1: “Stake 0.0001 BTCB on Solv Protocol” (Tutorial)
2025-01-17 06:00:00 (UTC)
Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Account.
SOLV Megadrop Details:
Token Name: Solv Protocol (SOLV)
Max Token Supply: 9,660,000,000 SOLV (dynamic, may increase via network governance for Bitcoin Reserve Offering)
Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply)
Megadrop Token Rewards: 588,000,000 SOLV ( 7.00% of genesis token supply,
See original
Beware of TON and its ecosystem! 🚨
Toncoin (TON) and the projects launched on its network are leaving many with a bad taste in their mouths. 😕 Although it had its moment of glory, the reality is that those who trusted the first projects are facing losses greater than 50%. 💸
The reason? Many of these projects seem to be designed to make quick gains and leave investors stuck with worthless tokens. From games like Hamster Kombat to other tokens, the story repeats itself: big promises, disappointing results. 😤
I must admit that at one point TON seemed like an interesting network for personal projects. 🤷♂️ But seeing how things are developing, I continue to search for the best network to work with. In the meantime, the effort continues, because there are always better options out there. 💡✨
🔥 My advice: Think twice before trusting this ecosystem. Look for projects with transparency and solid development. Don't get carried away by the hype. 🛑
Do you have an experience with TON or its projects? Share with us in the comments. 📉🗨️ #TonChain #CryptoAlert #InvestWithCaution
Legal notice: Contains opinions from third parties. This does not constitute financial advice. It may include sponsored content. Please consult Terms and Conditions.
Toncoin (TON) and the projects launched on its network are leaving many with a bad taste in their mouths. 😕 Although it had its moment of glory, the reality is that those who trusted the first projects are facing losses greater than 50%. 💸
The reason? Many of these projects seem to be designed to make quick gains and leave investors stuck with worthless tokens. From games like Hamster Kombat to other tokens, the story repeats itself: big promises, disappointing results. 😤
I must admit that at one point TON seemed like an interesting network for personal projects. 🤷♂️ But seeing how things are developing, I continue to search for the best network to work with. In the meantime, the effort continues, because there are always better options out there. 💡✨
🔥 My advice: Think twice before trusting this ecosystem. Look for projects with transparency and solid development. Don't get carried away by the hype. 🛑
Do you have an experience with TON or its projects? Share with us in the comments. 📉🗨️ #TonChain #CryptoAlert #InvestWithCaution
Legal notice: Contains opinions from third parties. This does not constitute financial advice. It may include sponsored content. Please consult Terms and Conditions.
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Warning: Is $TRX (Tron) a Risky Investment?
If you own $TRX, it may be time to reconsider! Despite its flashy marketing, here's why this coin could be problematic.
---
⚠️ Reasons to Think Twice About $TRX
1️⃣ Founder Reputation & Controversies
👨💻 The founder of Tron, Justin Sun, has faced multiple controversies, including allegations of market manipulation and deceptive practices. His actions have raised doubts about the integrity of the project.
2️⃣ 📉 Lack of Innovation
Tron has been touted as the "Ethereum killer," but where is the innovative technology? 🚀 Instead of innovation, it has focused on flashy acquisitions like BitTorrent.
3️⃣ ⚖️ Centralization Concerns
Claiming to be decentralized, Tron operates with only 27 Super Representatives, creating a centralized power structure. This goes against the decentralization ethos of blockchain.
4️⃣ 🤔 Questionable Partnerships
Although Tron has announced partnerships, many seem to be short-term marketing tricks. Its ecosystem remains small, with no clear path to mass adoption.
5️⃣ 💸 Investment Risks
Tron's market capitalization is inflated by hype and speculation. Without solid fundamentals or a better governance model, long-term success seems unlikely.
---
🔥 Final Verdict
$TRX may seem appealing, but it's a risky bet. Projects with true innovation and solid use cases are better investments. 🚀
---
📜 Legal Disclaimer:
This is not financial advice! Always do your own research before making investment decisions.
What do you think? Is $TRX really sinking, or does it have a chance to rise again?
#BitcoinHashRateSurge #BIOOpenonBinance
Legal notice: Contains third-party opinions. This does not constitute financial advice.
If you own $TRX, it may be time to reconsider! Despite its flashy marketing, here's why this coin could be problematic.
---
⚠️ Reasons to Think Twice About $TRX
1️⃣ Founder Reputation & Controversies
👨💻 The founder of Tron, Justin Sun, has faced multiple controversies, including allegations of market manipulation and deceptive practices. His actions have raised doubts about the integrity of the project.
2️⃣ 📉 Lack of Innovation
Tron has been touted as the "Ethereum killer," but where is the innovative technology? 🚀 Instead of innovation, it has focused on flashy acquisitions like BitTorrent.
3️⃣ ⚖️ Centralization Concerns
Claiming to be decentralized, Tron operates with only 27 Super Representatives, creating a centralized power structure. This goes against the decentralization ethos of blockchain.
4️⃣ 🤔 Questionable Partnerships
Although Tron has announced partnerships, many seem to be short-term marketing tricks. Its ecosystem remains small, with no clear path to mass adoption.
5️⃣ 💸 Investment Risks
Tron's market capitalization is inflated by hype and speculation. Without solid fundamentals or a better governance model, long-term success seems unlikely.
---
🔥 Final Verdict
$TRX may seem appealing, but it's a risky bet. Projects with true innovation and solid use cases are better investments. 🚀
---
📜 Legal Disclaimer:
This is not financial advice! Always do your own research before making investment decisions.
What do you think? Is $TRX really sinking, or does it have a chance to rise again?
#BitcoinHashRateSurge #BIOOpenonBinance
Legal notice: Contains third-party opinions. This does not constitute financial advice.
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How to Identify Buying and Selling Moments with StochRSI on Binance.
The StochRSI is a key indicator to know if a cryptocurrency is at a favorable point to buy or sell. In this article, you will learn how to set it up and use it, with a practical example based on specific colored lines: %K in yellow and %D in purple, ideal for traders looking for clarity in their analysis.
What is StochRSI and why use it?
The StochRSI combines the RSI and the Stochastic Oscillator to identify overbought and oversold zones:
Oversold (
iv>
Overbought (>0.8): Signal of possible sale.
How to Set Up StochRSI on Binance
1. Open a chart on Binance and select the cryptocurrency of your interest.
2. Go to Indicators, search for "StochRSI" and activate it.
3. Customize the colors:
%K: Yellow (represents fast signals).
%D: Purple (slower signal, for confirmation).
How to Interpret StochRSI
1. Buy in oversold (
iv>
When the yellow line (%K) crosses upwards the purple line (%D) in the green zone, it may be a good time to enter.
2. Sell in overbought (>0.8):
When the yellow line crosses downwards the purple line in the red zone, consider exiting.
Practical Example
Imagine you are watching the LDO/USDT pair:
The StochRSI shows yellow %K crossing upwards purple %D in the green zone (0.15).
This suggests that the price may rise, and it would be a time to buy.
Then, when the indicator reaches 0.85 and yellow %K crosses downwards purple %D, it would be a time to sell.
Final Suggestions
Combine StochRSI with other indicators, such as Bollinger Bands.
Do not make decisions based solely on a crossover; always check the overall trend.
The StochRSI is a key indicator to know if a cryptocurrency is at a favorable point to buy or sell. In this article, you will learn how to set it up and use it, with a practical example based on specific colored lines: %K in yellow and %D in purple, ideal for traders looking for clarity in their analysis.
What is StochRSI and why use it?
The StochRSI combines the RSI and the Stochastic Oscillator to identify overbought and oversold zones:
Oversold (
iv>
Overbought (>0.8): Signal of possible sale.
How to Set Up StochRSI on Binance
1. Open a chart on Binance and select the cryptocurrency of your interest.
2. Go to Indicators, search for "StochRSI" and activate it.
3. Customize the colors:
%K: Yellow (represents fast signals).
%D: Purple (slower signal, for confirmation).
How to Interpret StochRSI
1. Buy in oversold (
iv>
When the yellow line (%K) crosses upwards the purple line (%D) in the green zone, it may be a good time to enter.
2. Sell in overbought (>0.8):
When the yellow line crosses downwards the purple line in the red zone, consider exiting.
Practical Example
Imagine you are watching the LDO/USDT pair:
The StochRSI shows yellow %K crossing upwards purple %D in the green zone (0.15).
This suggests that the price may rise, and it would be a time to buy.
Then, when the indicator reaches 0.85 and yellow %K crosses downwards purple %D, it would be a time to sell.
Final Suggestions
Combine StochRSI with other indicators, such as Bollinger Bands.
Do not make decisions based solely on a crossover; always check the overall trend.
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Here is how high XRP and Dogecoin could reach in 2025
predictions from two experts! 😱👀
they revealed their views on the price targets for XRP and Dogecoin in the 2025 bull run.
The cryptocurrency market begins the year 2025 at its peak, with the leading altcoins XRP and Dogecoin among the cryptocurrency assets attracting the most attention.
Earlier today, XRP traded above $2.50, marking a new high for the new year after trading at $1.90 in the last days of December.
In other words, XRP has recovered more than 30% in the last week. Two expert predictions for XRP $5 by the end of the 2025 bull run.
According to him, this is the ceiling for XRP in this cycle. Given that XRP is trading at $2.45, reaching $5 would mean a 104% return for those buying today.
Interestingly, Ash Crypto, a popular expert with 1.4 million followers on X, also shared a similar sentiment on Altcoin Daily.
He projected that the target for XRP in the next six months is to trade between the price range of $3 and $5.
Notably, Ash did not mention whether he sees $5 as the peak for XRP in this cycle.📢
FUTURE GOAL OF BINANCE: TO DRIVE GLOBAL CRYPTOCURRENCY ADOPTION!
Binance aims to lead the global adoption of cryptocurrencies through innovation, education, and accessibility. Its goals include advanced trading tools, fiat-to-crypto gateways, and sustainable blockchain solutions.
By bridging traditional finance with digital assets, Binance empowers users worldwide, ensuring a secure crypto experience while expanding its global community.
$XRP $DOGE
predictions from two experts! 😱👀
they revealed their views on the price targets for XRP and Dogecoin in the 2025 bull run.
The cryptocurrency market begins the year 2025 at its peak, with the leading altcoins XRP and Dogecoin among the cryptocurrency assets attracting the most attention.
Earlier today, XRP traded above $2.50, marking a new high for the new year after trading at $1.90 in the last days of December.
In other words, XRP has recovered more than 30% in the last week. Two expert predictions for XRP $5 by the end of the 2025 bull run.
According to him, this is the ceiling for XRP in this cycle. Given that XRP is trading at $2.45, reaching $5 would mean a 104% return for those buying today.
Interestingly, Ash Crypto, a popular expert with 1.4 million followers on X, also shared a similar sentiment on Altcoin Daily.
He projected that the target for XRP in the next six months is to trade between the price range of $3 and $5.
Notably, Ash did not mention whether he sees $5 as the peak for XRP in this cycle.📢
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$BIO Market Shakeup: $41 Million Liquidated in One Hour
Massive Sell-off: In an unexpected move, $41 million worth of $BIO was sold in just one hour, sending ripples through the market.
Soft Response: Despite the magnitude of the sell-off, major stakeholders appeared indifferent, with minimal reaction observed.
Market Impact: The significant outflow has triggered a sharp decline in the value of $BIO, raising concerns of an imminent crisis.
Investor Anxiety: Fear and uncertainty dominate investors as they monitor the developing situation.
Hopes for Recovery: Amidst the chaos, some hold onto hope for market stabilization in the near future.
Conclusion: The future of $BIO remains uncertain—brace for increased volatility ahead.
#CryptoReboundStrategy
#bitcoin
#USStateBuysBTC
Legal Disclaimer: Contains third-party opinions. This does not constitute financial advice. It may include sponsored content. See Terms and Conditions.
14.5k
Massive Sell-off: In an unexpected move, $41 million worth of $BIO was sold in just one hour, sending ripples through the market.
Soft Response: Despite the magnitude of the sell-off, major stakeholders appeared indifferent, with minimal reaction observed.
Market Impact: The significant outflow has triggered a sharp decline in the value of $BIO, raising concerns of an imminent crisis.
Investor Anxiety: Fear and uncertainty dominate investors as they monitor the developing situation.
Hopes for Recovery: Amidst the chaos, some hold onto hope for market stabilization in the near future.
Conclusion: The future of $BIO remains uncertain—brace for increased volatility ahead.
#CryptoReboundStrategy
#bitcoin
#USStateBuysBTC
Legal Disclaimer: Contains third-party opinions. This does not constitute financial advice. It may include sponsored content. See Terms and Conditions.
14.5k
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