⁃ Global banana supply disrupted ⁃ Causing panic among American companies ⁃ Global market recession ⁃ Key allies being alienated ⁃ Triggering retaliatory tariffs ⁃ Then retreating... to declare victory ⁃ This is Trump's summary strategy.
#JELLYJELLYFuturesAlert Recently, it has been attracting significant attention in the cryptocurrency community, particularly related to events surrounding the JELLYJELLY token and its futures trading.
Specifically, a trader opened a short position worth 6 million USD, then pumped the token price on-chain to force the liquidation of their own position, causing an unrealized loss of about 12 million USD for the Hyperliquidity Provider (HLP) reserves. This prompted Hyperliquid validators to intervene, voting to remove the contract and committing to refund most users (except flagged addresses) in the coming days.
In this chaotic context, centralized exchanges like Binance and OKX quickly listed the perpetual futures for JELLYJELLY, with leverage up to 50x on Binance. This move is seen as capitalizing on price volatility, as the token experienced sharp rises and falls—for instance, from 0.07 USD to 0.022 USD in just a few minutes. Some posts on X even indicated negative funding rates on futures, suggesting a potential short squeeze, which could drive the spot price higher as market makers adjust.
Trump posted on Truth Social with the content: "I LOVE TRUMP— SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!". This post immediately caused a storm in the cryptocurrency community, causing TRUMP to surge from around 10.9 USD to a high of 12.24 USD within a few hours, equivalent to an increase of about 10-12%. Trading volume also exploded, reaching 1.22 billion USD in one day, an increase of 288% compared to before, making TRUMP the most traded meme coin in the 24 hours at that time.
Strategy and development from Binance: Binance is implementing major moves to strengthen BNB's position: - Memecoin and liquidity: Binance uses memecoins to attract cash flow to the BNB Chain, creating incentives for the ecosystem. - Financial support: Binance received 2 billion USD from MGX to enhance organizational strength. - Technological improvements: The Pascal Hardfork upgrade is being implemented to enhance performance and compatibility with Ethereum, while also supporting smart wallet functionality.
Key points to remember: The “Delisting Voting” mechanism, newly introduced and driven by the community, will enhance the management of token listings on Binance. The first trial run of the “Delisting Vote” will take place from March 21 to March 27, 2025, allowing users to vote for tokens with a “Monitoring Tag.” Community votes will be considered, but the final delisting decision will depend on Binance's evaluation process and criteria.
The Ministry of Finance of Vietnam is expected to finalize regulations on cryptocurrency by the end of this month, including the testing of a licensed cryptocurrency exchange. This indicates that Vietnam is also keeping up with international trends, including movements from the SEC.
DeFi is a project that has been around for a long time in the industry. This application has been developed for over 5 years and has more than 3 million users. It has support from major exchanges such as Binance, Coinbase, and OKX.
Recently, significant collaboration opportunities have been mentioned in the United States and the interest of Donald Trump Jr. in this project is attracting attention. His tweets and the following of the DeFi account further strengthen these rumors. If these developments become clear, this could be a pivotal moment for DEFI.
Of course, everyone must make their own decisions; I'm just sharing what I see and think. So always research, analyze the market developments thoroughly, and act according to your own strategy.
What I say is not investment advice; always do your own research before investing.
$CAKE : The Development of the Binance Smart Chain (BSC) Ecosystem
PancakeSwap is the leading decentralized exchange (DEX) on BSC, and any growth of this ecosystem can drive the value of CAKE. Recently, BSC continues to attract users thanks to low transaction fees and fast processing speeds, especially when compared to Ethereum. If trading volume on BSC increases, PancakeSwap typically benefits directly, leading to increased demand for CAKE.
The recent growth of TON is linked to news about Pavel Durov, the founder of Telegram, who is reported to have been allowed to leave France for Dubai after a period of restricted movement. This has created a positive sentiment among the investment community, reinforcing confidence in the development of The Open Network (TON) – the blockchain associated with Telegram.
$TON It is no surprise to see $TON increase in value after Durov was released. With this attention, it is certain that Telegram's airdrop may return. The true strength of the Community lies in unity!
#StablecoinSurge 🚀 Stablecoin surge = big news for cryptocurrency! VanEck says more stablecoins could mean higher liquidity and stability for Bitcoin and digital assets. More options, less volatility = happier investors. What do you think about this market shift? 💡
$USDC 🚀 Exciting news in the world of cryptocurrency! Circle's minting of USDC on Solana has officially reached an incredible milestone of 10 billion dollars by 2025! 🌍 This milestone highlights the rapid growth and adoption of stablecoins in decentralized finance. Are you ready to embrace the future of finance? 💪
Whether Bitcoin will truly "bounce back" depends on many factors: technical analysis (support/resistance levels), market news (for example: moves from major institutions or governments), and the overall sentiment of investors. Based on recent data from forums, there are opinions suggesting that the current correction is only temporary, but the possibility of prices continuing to drop further before recovering cannot be ruled out.
#BotOrNot Trading bots allow for automated trading 24/7, eliminating emotional decision-making and increasing efficiency. However, they require monitoring, fine-tuning, and come with risks, including market volatility and potential errors.
The cryptocurrency market can indeed be exhausting for investors. To improve your mood during this period, I have a few suggestions based on a practical and psychological approach:
1. Temporarily take your eyes off the charts: If you are continuously checking prices, try disconnecting for a bit. Go for a walk, watch a movie, or do something unrelated to crypto to relax your mind.
2. Revisit long-term goals: Cryptocurrencies often have cycles of ups and downs. If you are investing because you believe in the technology or future potential (like blockchain, DeFi), remind yourself that short-term fluctuations do not change the bigger picture.
3. Find small joys in research: Instead of just focusing on prices, try to learn more about a project you love.