#Binance its anticipated launch on May 30th, 2024, is generating significant excitement, especially within the Nigerian market. While its listing date remains uncertain, the community eagerly awaits its availability for trading on exchanges. The potential for Tapswap to outperform Notcoin adds to the anticipation. As for whether to sell immediately upon listing or hold, that's a strategic decision for each investor to consider based on market conditions and personal goals. $
$BTC The Shiba Inu coin continued to oscillate in a wide channel for 45 days. Support at $0.00002 kept SHIB within acceptable levels, preventing panic selling among investors. Another stronger support has been established along the uptrend line. Moreover, the Shiba Inu's position above the 200-day Exponential Moving Average (EMA) supports the upside despite the correction from the first quarter peak at $0.000038. Now that the Shiba Inu coin has risen above two other crucial EMAs – 20 days and 50 days, the path of least resistance is gradually turning to the upside. The Bollinger Bands indicator indicates a breakout in the coming days. However, given the lack of immediate liquidity amid high volatility and profit-taking, SHIB could continue to range before a breakout. If the price breaks the first solid hurdle around $0.000028, a stronger breakout above $0.00003 will be seen. Investors sitting on the sidelines may flood into the market, triggering FOMO and escalating the breakout eyeing $0.000035. The Shiba Inu coin could make a new milestone above the first quarter peak in June, setting the pace for the rally. #SHIB, #SHIB, #shbi👍
#bitcoin 2024 In light of the rapid development of digital currencies, it has become necessary for investors and those interested in this field to learn about the best digital currencies for long-term storage. In this article, we will discuss some of the most prominent cryptocurrencies that are considered an excellent option for future storage. Bitcoin $BTC It is not possible to talk about digital currencies without mentioning Bitcoin, as it is the first and most famous digital currency in the world. Bitcoin is characterized as a decentralized, encrypted, and secure currency, which has made it a preferred choice for many for long-term investment and storage. Despite the price fluctuations that Bitcoin has experienced over the years, it is still considered one of the safest and most reliable digital currencies.#Ethereum(Ethereum) $ETH Ethereum
#USDT A digital asset with a market capitalization of $0. Pepa Inu's value ranges according to the global cryptocurrency market classification and has an average daily trading volume of $2K. Currently, its price is $0.00, and in the last 24 hours, the price has changed 6.105%. The current available supply of these coins is estimated at 0. According to famous trader Andrew Kang, PEPE, a digital coin inspired by a frog, is poised to outperform market expectations in 2024-2025. This prediction comes amid a rally in the cryptocurrency market, with leading digital assets such as Bitcoin reaching all-time highs and cryptocurrencies achieving triple-digit percentage increases every month.
$BNB It is seeing significant growth, but it will likely decline soon. Many investors who bought the coin at $0.01 are still holding it, hoping to recover their losses. In addition, those who bought at a lower price and whose stock price has already risen by approximately 50% will likely want to lock in their dividends. I think $0.012 will peak at $NOT in this bull market before it experiences a downturn. what do you think? $NOT
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#BTC 💥💥💥 Watch Out: 15 #Altcoins👀🚀 Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour List This week, the #cryptocurrency market surged after Ethereum Spot ETFs were approved, with numerous top 100 altcoins ending positively, some with double-digit gains. Next week will see several token unlock events for various altcoins. Here’s the token unlock schedule: Token Unlock Schedule (All times in UTC+3 Türkiye time) 1. 1inch (1INCH) - Market Cap: $483.59M - Unlocking Amount: $30.98M (6.40%) - Date: 27 May 2024, 07:00 2. Axle (AXL) - Market Cap: $636.04M - Unlocking Amount: $23.48M (3.69%
#bitcoin volatile given its meme coin status, predictions are generally more uncertain: 1. Speculative Nature: PEPE’s future price heavily depends on market hype and social media trends. WalletInvestor, for instance, often provides short-term forecasts that highlight the significant price volatility expected for meme coins . 2. Community and Trends: PEPE’s growth will largely rely on its community and the broader trends in the meme coin market. If the current interest and engagement continue, PEPE could see substantial short-term gains. However, without sustained interest, its price could drop significantly. Summary Overall, BNB is expected to experience moderate growth with potential fluctuations due to regulatory issues, while PEPE remains a highly volatile asset with its future largely dependent on social media and market trends. For
The token has a different structure than other stablecoins that will be listed on Binance today. For example, for a stablecoin like Tether, a one-dollar collateral is deposited to the bank for each unit.
If Tether is subject to legal sanctions, its financial security may be completely eliminated.
The token, on the other hand, has a structure in which one dollar is not secured as one dollar in the bank$ENA . Instead, assets such as ETH, BTC are held as collateral in a common pool along with SOL tokens.
This shows that the ENA token opens a different door for stable coins in the crypto world by eliminating the relationship and liability with banks. ENA aims to provide stable coin and dollar access for the crypto world without being subject to legal sanctions.
Ethena is a synthetic dollar protocol built on Ethereum and operates alongside the 'Internet Bond', a globally accessible dollar-denominated savings instrument for coins that does not rely on traditional banking system infrastructure.
Ethena Labs is the creator of USDe, a synthetic dollar protocol built on Ethereum.
This protocol is supported by institutions such as BinanceLabs, OKX, BYBIT, Deribit.
With these features, ENA brings a new perspective to the current stablecoin understanding in the crypto ecosystem and aims to offer a more independent financial structure in the crypto world.