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CKB analysis: The price is currently trading within a downtrend channel and is reacting to the established support and resistance levels. It has tested the lower support line, and we may see a movement toward the resistance line in the coming days. Consider opening a long position near the support area, but be sure to set a tight stop loss. Support Area: $0.003780-$0.003850 $CKB
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Optimism is maintaining support above the broken descending channel on the daily chart. A strong bounce from current levels suggests bullish continuation ahead. Explosive movement could push the price toward targets at $0.80, $0.93, $1.18, and $1.61đŻ $OP
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Plasma token sale â what you need to know đ° Plasma is a new blockchain purpose-built for stablecoins. Backed by the CEO of Tether, the project aims to solve key problems existing chains canât: high fees, failed transactions, and centralization. đ€ If stablecoins are going to scale, they need infrastructure built around them â not retrofitted. Thatâs the angle here. The $XPL token sale is happening through Sonar, a new launchpad. How the sale works (FAQ): âș Sale starts June 9 at 13:00 UTC on this page âș 10% of XPL supply is being sold at a $500M valuation âș You deposit stablecoins into a vault on Ethereum âș The vault cap is fixed at $250M, and the per-wallet deposit limit is $50M. You can withdraw during the deposit phase, but doing so reduces your points âș After the deposit period, youâll need to re-commit stablecoins during the public sale. Vault deposits are not used automatically to buy tokens. If you donât commit, you wonât get any XPL âș After the sale, your stablecoins are bridged to Plasma Mainnet Beta âșKYC is required (done via Sonar/Echo) This sale will likely be oversubscribed. If the vault ends up 5x full, a $5K deposit might translate to ~$1K in guaranteed allocation â assuming early entry and full-time participation đ€ Itâs rare to see a new chain launch focused only on stablecoins â with real backing, real product focus, and a massive TAM. If they even take a small slice of USDT volume from Tron, the upside could be big. đ€ Plasma is selling tokens at a $500 million valuation, nearly 55 times cheaper than Tron current MC. The Tron chain is valued at $26.4 billion, yet its only real use case is to handle USDT transfers đ Let me know if youâre joining or sitting this one out đŹ $BTC $BNB $SOL
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Bitcoin Cash is retesting the broken resistance zone on the daily timeframe. The price is showing strong bullish momentum after a successful retest of the key level. Expect upward movement toward $650đ $BCH
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$THEÂ Next Target : 2$ #THEÂ ZON LONG : 1) 0.22$ 2) 0.21$ Target : 1) 0.82$ 2) 1.4$ 3) 2$ ST : 0.17$ $THE
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