Meme Coins Set to Take Over Crypto Markets
The meme coin revolution has continued to grow in the cryptocurrency world with Pepe Coin, Floki, and Shiba at the forefront. Pepe Coin, for example, has attracted a passionate community thanks to its engaging tokenomics. Meanwhile Shiba Inu or $SHIB is seen as the "Dogecoin Killer" and boasts an extensive and dedicated user base. With projects such as ShibaSwap - a decentralized exchange - and a focus on community-driven growth, it's no surprise that these meme coins are proving popular amongst enthusiasts. There's no doubt that the meme coin revolution is here to stay.
Sentiment: Positive
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BREAKING‼️ +$100m gold stolen from Canadian airport in BIGGEST gold heist ever in North America - Bloomberg
Читать полностью…BNB/USDT Update:
$BNB is currently trading at $334, up 82% from the recent bottom.
My analysis suggests that $BNB will hit $400 before the next leg down, and after hitting $400, we may see a new low/bottom.
The bottom for this bear market could be between $100-$120.
In the long term, $BNB is very bullish, as per the bull flag in the weekly chart.
My target for the next bull run is $1000-$1500
Remember to DYOR before investing in any coins.
-This is just my POV
⚡️ EU Parliament approves world-first comprehensive crypto law, MiCA, in a 517-38 vote.
Alongside, Transfer of Funds regulation passes with a 529-29 vote to combat money laundering.
New rules to be implemented in 2023, ensuring consumer protection & market stability.
Next steps:
➖ final vote May 16
➖ MiCA publication 20 days after
➖ Entry into application June 2024 for
e-Money Tokens (Stablecoins)
My plan for Bitcoin.
As already Bitcoin getting rejection from the past resistance of $32K
so here you can see upcoming scenario for BTC. Right now, it is lying in the Supp-resistance zone if goes down from here than we can see a direct fall towards 19.8K.
which is not good news for us. but let's see what happens next. we will keep updating you.
🔵🟢 The U.S. House of Representatives has released a new draft bill to provide a comprehensive regulatory framework for stablecoins like USDC and Tether.
👉🏻 This comes ahead of a hearing on Wednesday by the committee's new panel focused on digital assets and fintech 🇺🇸
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The Kucoin gem is $NWC! 🚀
- If we see the price historically. We had already seen a huge pump pastly when price touches back at our strong support zone. The same scenario is gonna occur again.
- The price broke all of the existing resistances below $0.20, and I think it's not stopping. With $BTC keeping the uptrend, $NWC can achieve a new ATH in a month or two.
Why am I bullish on $NWC?
- Their big announcement is just around a corner and I know it's not a small announcement (https://twitter.com/NwcPublic/status/1646453709365211137?s=20)
- Their copy trading platform, MercuryTrade, is soon going live with the mainnet and they have major partnerships with Tier1 exchanges and big CryptoTwitter traders
- 30 % of the revenue made from the MercuryTrade will go to the burning of the $NWC token - deflationary!!! (projections are they are going to be burning $100.000 worth of $NWC 3 months after the official launch)
- They have been on the market from 2019, totally self-funded, no VCs, which means no token unlocks
- They have existing partnerships with big projects like Polygon, Chainlink, Elrond, Travala and more
- They also have entered the AI space way before the AI hype even began. They started their AI expansion in 2021 and now they’re expanding their AI ecosystem with AI traders on MercuryTrade
I am market buying right now! I really believe in this project!
You can buy it here: https://www.kucoin.com/trade/NWC-USDT
Hong Kong’s biggest virtual bank, ZA, will provide fiat on-ramps and bank account services for the city’s 💰 Bitcoin and crypto sector - Bloomberg
Читать полностью…-BTC Bulls still holding the $27.2K crucial support...
-If Bulls successfully defend the Support & Bitcoin Bounces back, it could potentially test the $31.8K Resistance.
🇺🇸 Texas House of Representatives passes bill requiring Bitcoin exchanges to provide proof of reserves
Читать полностью…BTC/USDT Chart overview 📉
$BTC currently trading at $28250. As per the chart, Bearish divergence played out and dumped $3000 in BTC price.
Now, the small support level has also been broken, so there's a chance it might be bearish towards $24000.
However, there is good liquidity at $27200-$27800, so if there is a bounce in that area, it could be very good.
The retest level is around $29300.
Keep an eye on the liquidity area of $27200. So, if there is a breakdown in the liquidity area, then be prepared for $24000.
🇺🇸 Inflation will take 2 years to fall below 2% and that will lead to higher unemployment over 4% - US Fed official John Williams.
Читать полностью…Market is looking great right now! Alts are starting to take off, altseason is just behind the corner.
We should not miss the altseason, that is why I will share today an altcoin that I think has 20x and more potential to the end of this year.
It's listed on Kucoin. Get your funds ready. I'll post in an hour.
LFG 🔥🚀
Today Event:
CPI DATA - 12:30 UTC
FOMC MINUTES - 18:00 UTC
ETHEREUM SHANGHAI UPGRADE - 23:30 UTC
$MANA getting a rejection in bullish flag good opportunity to play shorts🔥🚀
(Free-call)