CONGRATULATIONS TO ALL PAKISTANIS. PAKISTANI HAS FINALLY LEGALIZED CRYPTO WHICH CAN BE BENEFECIAL FOR PAKISTAN IN MANY WAYS. GOOD LUCK TO LAL OF YOU THAT CRYPTO AND BLOCK CHAIN TECHNOLOGY CAN HELP SURGE PAKISTAN GDP.
THANK YOU WAQAR ZAKA #pakistanicrypto #Pakistan #Waqar_Zaka_must_be_appointed_as_Cheif_Advisor_to_
**Pakistani Rupee Briefly Strengthens to 140 PKR/USD on February 3, 2025**
On the night of February 3, 2025, the Pakistani Rupee (PKR) saw an unexpected and sharp appreciation, briefly trading at 140 PKR per US Dollar (USD). This was a significant departure from the usual exchange rate of around 279 PKR/USD.
### Factors Behind the Sudden Appreciation
**Market Speculation:** Currency markets are highly sensitive to speculative activities. Rumors or expectations of favorable economic developments may have driven traders to purchase large amounts of PKR, pushing up its value.
**Government Intervention:** The State Bank of Pakistan (SBP) may have taken measures to temporarily strengthen the PKR, such as adjusting interest rates or purchasing the currency directly to stabilize its value.
**Technical Error or Data Glitch:** Occasional technical issues or misreported data on trading platforms can lead to sudden and temporary mispricing of currencies.
### Implications of the Brief Spike
**Investor Confidence:** Such abrupt fluctuations can create uncertainty, impacting investors' trust in the market's stability.
**Trade and Commerce:** A stronger PKR makes imports more affordable and exports less competitive. Even a short-lived change can disrupt pricing and trade agreements.
### Conclusion Despite its notable surge to 140 PKR/USD, the appreciation was short-lived. The exchange rate soon returned to typical levels, highlighting the influence of market dynamics, potential regulatory actions, and possible technical mishaps on currency valuations.
#MELANIA has seen a steep drop of nearly 50%, now trading at $5.329 after reaching a 24-hour low of $4.403. This sharp decline has raised questions about whether the token is finding its bottom or if further losses are in store. Early signs of stabilization around this level suggest a potential recovery could be on the horizon.
Key Levels to Monitor:
Resistance: A breakout above this point may indicate the start of a rebound.
Support: Holding this level is critical for recovery momentum.
What’s your take—bounce-back or more downside? Share your thoughts!
If they are beginner which they need half an hour to realease USDT. Then they should avoid to be a merchant. Because of this shitty process people get liquidate
Naeem Adrees
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Bullish
In Pakistan, one major issue with P2P transactions is the frequent freezing of bank accounts. Here’s what usually happens:
When a verified merchant asks for identity documents like ID cards, selfies, videos, or any additional proof, many Pakistani users get offended. They think, "I’ve already done my KYC, why are they asking for this again?" They assume the merchant is accusing them of being a scammer.
However, the reason merchants ask for these documents is to ensure the buyer is not involved in fraudulent activities. If a merchant’s account gets blocked due to a suspicious transaction, it creates a chain reaction. Everyone who receives payments from that scammer could face account blocks too.
The biggest issue here is the lack of patience. People don’t wait even for an hour. "Oh, the merchant hasn’t replied in 15 minutes? Let’s file an appeal!" This impatience makes things worse. Please, give the merchant at least one hour to respond before raising any dispute. They might be handling multiple orders at once.
Another problem is people ignoring the merchant's terms and starting unnecessary arguments in the chat. This creates extra pressure for merchants, who are already juggling multiple buyers.
In short, patience and understanding are key. Read the merchant’s terms carefully, cooperate with the verification process, and wait for a reasonable time before filing appeals. This will help reduce issues like bank account blocks for everyone.