Why Is The ApeCoin Price Up 100% Today?
ApeCoin (APE), a fundamental asset within the Yuga Labs ecosystem, has witnessed a remarkable price surge of over 100% today. This increase in value is attributed to the recent launch of new technological advancements and incentive programs that will enhance user engagement and expand utility across its network.
ApeCoin Price Skyrockets Due to LayerZero Integration
ApeCoin has recently upgraded its smart contract to integrate with Layer Zeroโs Omnichain Fungible Token (OFT) standard. This development allows APE to function as a utility and governance token and as the native gas on its blockchain, ApeChain.ย
More so, the integration ensures that APE can transfer across ApeChain, Ethereum, and Arbitrum. This sets a new standard for token interoperability and functionality.
Moreover, the introduction of a Native Yield mechanism, developed in collaboration with Decent.xyz, is another notable enhancement. It enables ApeCoin holders to automatically earn yields on their tokens without manual intervention.ย
This feature is the default for all externally owned accounts (EOAs), where yields accrued are added directly to the userโs balance with each new block.
Market Response and Liquidity Boost
The market has responded positively to these updates, with ApeCoinโs trading volume surging over 6,400% to reach $1.84 billion. The positive market response and ApeCoin price surge is reflected in its market cap, which has crossed the $1 billion mark increasing over 100% in 24 hours.ย
In addition, the liquidity on ApeChain has been boosted by the introduction of bridges that facilitate the migration of APE, ETH, and various stablecoins between networks. This capability has enhanced the fluidity of asset movement, attracting both developers and investors to the ecosystem.
Similarly, ApeChainโs performance since the update has been impressive, with over $25 million in volume trade within the first 12 hours.
Key point:-Ape Express, a one-click token issuance platform supported by ApeCoin, was launched on the ApeChain. The platform is described as the 'ApeChain version of pump.fun,' allowing users to issue a Meme coin within a minute
Soon the rank of $APE is going to be below 30.
Valuable Lessons from this Chart:
1. At the peak, retail traders often believe the upward trend will persist, but the market can reverse rapidly - as seen in this 2-day retracement.
2. Never say 'never' in the financial market, especially in crypto, where volatility reigns.
3. Remain open to all scenarios; avoid being bias.
4. Approximately 95% of retail traders struggle with or fear shorting or hedging.
5. Secure your profits; otherwise, the market will reclaim them.
#Traderworld๐
#ETHFI/USDT has broken out of a symmetrical triangle pattern with impressive volume๐
The successful retest above the breakout level confirms the bullish momentum๐
Ichimoku Cloud indicators are flashing bullish signals, supporting the upward trend๐บ
With this strength, we could see ETHFI climb towards $1.84, $2.26, and $2.80 in the near future๐จโ๐ป
$SUI breakout. Set bids 2.0486 to 2.109. Target 2.3441. S/L as always.
ะงะธัะฐัั ะฟะพะปะฝะพัััั…Hereโs a more refined and engaging version of your update:
Greetings Frens, ๐ Today was a busy and tiring day for me! Apologies for being a bit inactive, but even so, we printed gains today. Letโs recap our past trades:
$ONDO hit our 3rd target with a solid 20% unleveraged moveโthis was the perfect sniper trade! โค๏ธ
$GALA hit our 2nd target with a 13% unleveraged moveโanother sniper bottom entry for you! ๐ฏ
$FTM Swing Call reached our first target with a 20% unleveraged move from the average entryโpatience rewarded! ๐ช
Letโs analyze the market and, as always, weโll only operate at the key levels.
Cheers! ๐ฅ
#TraderGauls ๐ญ
Ready for #Bitcoin Dump as per SMC chart Analysis ?
$BTC is trading at $66,000, and I see a Bearish Order Block hereโhigh chances of rejection. If BTC rejects from $66K, we might revisit $63K
Note: If price breaks $66K & any 4H candle closes above $66,250, I'll close my short position.
Support: $63K / $60K
Resistance: $66K
Greetings, frens! ๐ Wishing you all a wonderful weekend ahead! ๐
Before I drop some fresh trades, letโs quickly recap our previous successes:
๐ฅ $SAGA smashed the 3rd target with an impressive 28% unleveraged move!
๐ฅ $ONDO hit the 2nd target, delivering a solid 12% unleveraged gain!
๐ฅ $BTC also smashed the 2nd target, securing a 5% unleveraged move!
Congratulations once again for believing in the process and the plays! ๐๐
#TraderGauls ๐ญ
$SEI Buying Setup:
๐ฅ Entry: Adding a bit at CMP or 4315, with a major limit order at 0.4149
๐ฏ Targets and stop-loss are clearly marked on the chart for guidance
Observing the weekly level, itโs shaping up to be a flip level, showing strong potential for an upside move. With added confluence from EMA support, weekly support, and a potential deviation below the daily level, this setup looks even more powerful. So, Iโm taking this play with a tight stop-loss as per the Risk-Reward ratio.
Letโs see how it plays out! โก๏ธ
#TraderGauls ๐ญ
Imagine if you had listened to Gauls when he shared this analysis โ> ๐คฏ
Youโd be amazed by the results weโve achieved:
โ ๏ธ $FET โ +9% up
โ ๏ธ $TAO โ +36% up
โ ๏ธ $PHB โ +21% up
โ ๏ธ $SOL โ +9% up
โ ๏ธ $SEI โ +13% up
โ ๏ธ $FTM โ +10% up
โ ๏ธ $SAGA โ +23% up
โ ๏ธ $BIGTIME โ +15% up
โ ๏ธ $GALA โ +15% up
โ ๏ธ $OM โ +20% up
โ ๏ธ $PENDLE โ +8% up
โ ๏ธ $ONDO โ +11% up
โ ๏ธ $WIF โ +32% up
โ ๏ธ $PEPE โ +22% up
Congratulations on every gain weโve achieved so far, and get ready because you know the upcoming days are looking even more profitable! ๐ฐ๐น Let me share whatโs coming up next in just a little while! Stay tuned! ๐
||||
#TraderGauls ๐ญ
#ONDO LONG SETUP
๐ Entry :0.71662
๐ SL : 0.67657
๐ Final TP : 22%
๐ Targets mentioned in chart
๐ Risk : $100
๐ Lev : 20x
Ondo looks super good here now
Weekend again choppying both the sides, we may need to close Avax. Iโll update you soon.
#Cool_Challange
SPOT CHALLANGE ๐จ
Trade 1 : #FET Buy Setup
๐ Entry 1 : $1.40
๐ Entry 2 : $1.33
Invest $5k now & $5k at second Entry if market allows us
I'll update you regarding SLs & also about the Profit Booking Areas manually
โ ๏ธ Donโt get misunderstood, Spot Trades are only for Spot Challange. Please donโt take it as Leverage Trades
#TraderCool ๐ฅถ
Trader cool starting a new challenge 10k$ to 100k$ , you can follow this challenge with 1k$ to 10k$ .
For more information contact @leaksowner
$BURGER Scalp Buying Setup:
๐๐ป Entry: CMP & 0.4285
๐๐ป TPs and SL mentioned in Chart
๐๐ป Going with very tight SL
Just flipped the Res and some factors supporting the breakout let's see
#NOT Buy setup
Entry 1 - 0.00807 (30%)
Entry 2 - 0.0076 (30%)
Entry 3 - 0.0067 (40%)
Targets - 0.00893 - 0.00994 - 0.0115 - 0.0145 - 0.0173 - 0.23
Stoploss - 0.00645
Iโm sorry, but by now, everything else has become uninteresting to me except BTC and gold. I gave you the perfect entry at $56,000 and the perfect TP zone.
Here is some good news: right now, they are trying hard to keep the price under $68k to avoid big liquidations. The Bitcoin price is being strongly influenced by the ETFs at the moment, and I can tell you that the big players are buying a lot. Even bigger players are looking to join in.
You can clearly see that the price is being pushed back down below $68k right away. Luckily, the recent inflows in the last few days were pure spot buys, not leveraged trades. I will explain more about that later...
Anyway, if the big players push the price down again to buy cheaper, I will show you my third buy order. The first one is already 20% in profit we bought at $56,000, and many missed that entry. At least we managed to buy the second order at $61,500.
Let the show begin
#BTC UPDATE ๐จ
Get ready for a Big Green Candle soon (in my case "Purple") ๐ฉ
Time Period ? May be within few days ๐ค
#TraderCool ๐ฅถ
Watch this
A very clear rejection at 68k
Itโs not out of the table that market visits 63,400 to retest the last important resistance I have been mentioning
$ETHFI major breakout is here!
https://www.tradingview.com/x/1Y6nKebX/
#Scalping
#SIGNAL (WIF/USDT)
๐ Open LONG at price between $2.833 - $2.864 with X25 leverage on OKX with 2% of your deposit.
๐ Targets:
1๏ธโฃ Close the order at the price $2.887
2๏ธโฃ Close the order at the price $2.899
3๏ธโฃ Close the order at the price $2.924
4๏ธโฃ Close the order at the price $2.952
5๏ธโฃ Close the order at the price $2.996
โ๏ธ STOP LOSS: $2.739
$GALA Buying Setup:
๐ฅ Entry: Start with a bit at CMP and the main entries within the box (values provided)
๐ฏ Targets and stop-loss levels are clearly marked on the chart
๐ก SL is set at just 2-3% for tight risk management
Cheers, and enjoy your weekend! ๐
||||
#TraderGauls ๐ญ
โก๏ธ SHORT BTCUSDT
โ๏ธ Entry: 63840.00000000 - 65755.20000000
โ๏ธ Target 1: 61924.80000000
โ๏ธ Target 2: 60009.60000000
โ๏ธ Target 3: 58094.40000000
โ๏ธ Target 4: 56179.20000000
โ Stoploss: 66741.52800000
๐ซ Leverage : 5x
#IO is forming a promising symmetrical triangle on the daily chart๐
Price action suggests growing potential for an upward breakout soon๐จโ๐ป
If confirmed, we could see a significant bullish wave targeting $3.80 in the midterm๐ฏ
Free access:- /channel/+1sKGxrZqmEZjMDZl
SPOT CHALLANGE UPDATE ๐จ
Don't worry, i didn't forget anything
Told you to keep patience only ๐
#FET TRADE UPDATE
๐ +17% Gains Till Now from 2nd Entry
๐ Profits = $1400 or Nearby
I'm looking for a zone to close, we can close it now but i've a different plan.
Btw i'll update you. Don't worry
#TraderCool
Keep our trade at 56k open, as it perfectly hit the first take profit zone. After this volatile weekend filled with FUD, we might have another chance to secure a new perfect entry. #BTC
ะงะธัะฐัั ะฟะพะปะฝะพัััั…$XAI
One of the "10x down from peak" altcoin and accumulation phase is being made, to me, this one has very good R/R for any trading strategy.
https://www.tradingview.com/x/N2HNvmfs/
SUI Update โ 116% Unleveraged Gain ๐ฅ
SUI is reminding me of my PEPE call from the bottom, and just like back then, Iโm sticking to my plan. This is the key lesson I want to share with you allโpatience and discipline pay off.
Every loss Iโve taken over the past two years has been more than recovered by SUI, and itโs brought back even greater rewards.
Stay focused and trust the process.
Cheers to all!
#TraderCash ๐ฐ
#PENDLE Short Setup
i will open a Short postion on Pendle as it got rejectetd from the vWAP also got the Entry on the 3rd Target for a Long position
Entry: cmp
SL Tight: 3.9883
TP1: 3.7184
TP2: 3.5243
TP3: 3.3439
for the Long Position i will edit this post in few Minutes.
Cheers
#TraderCash ๐ฐ