Crypto VIP Signal

25 Mar 2024 13:36

BONK analysis:

The price is currently forming a descending triangle pattern, which indicates an upcoming breakout. If the breakout happens upwards, the price will head towards the resistance area. On the other hand, if the breakout happens downward, the price will head towards the next support area. You can consider opening a small long position at the current support area, but make sure to use a tight stop loss.

Current Support Area: 1880-2120

Next Support Area: 1300-1400

Resistance Area: 2650-2800

Crypto VIP Signal

25 Mar 2024 06:34

Bitcoin has successfully surpassed the $65,000 level and is now moving upwards. We may likely observe a push towards the $70,000 level soon. The overall market sentiment is optimistic, and we can expect to see a continuation of the upward trend when the US market opens today. If Bitcoin manages to break above the $70,000 level, we can expect to see the price reach new all-time highs.

Crypto VIP Signal

24 Mar 2024 15:37

Educational Post

What are Real-World Assets (RWA) in DeFi?

Real-world assets transformed into digital tokens and stored on a blockchain or other distributed ledger technology are tokenized real-world assets. These include real estate, art, commodities and even intellectual property. Greater liquidity, transparency and accessibility are made possible by this digitization of physical assets, and it is frequently thought of as a way to modernize and democratize conventional financial markets.

Enhanced liquidity is one of the most important benefits of tokenizing real-world assets. Unlike traditional markets with set trading hours, cryptocurrency exchanges allow for 24/7 trading of these tokens, giving traders more freedom. Moreover, investor confidence is increased by the transparency built into blockchain technology, which further lowers the possibility of fraud and ownership conflicts.

Additionally, tokenization lowers the costs associated with asset management, such as paperwork, intermediaries and legal fees, by removing many of the entry barriers prevalent in traditional financial markets. Investor fees may be reduced as a result of this cost reduction.

However, tokenized real-world assets do have drawbacks, including regulatory considerations that differ by jurisdiction. Any tokenization project must adhere to local laws and regulations. Due to the vulnerability of digital assets to fraud and hacking, security is another crucial issue. To preserve these assets, effective custody solutions and security measures are required.

Despite these difficulties, tokenized real-world assets are a promising financial industry innovation that provides more inclusive investing options. Tokenization adoption is still in its early stages, and it might take some time to become widely accepted in traditional finance. Nonetheless, technology can change how we deal with and invest in physical assets.

Crypto VIP Signal

24 Mar 2024 11:17

DOGE analysis:

The price is currently trading in a triangle pattern and is approaching the resistance line. If the price is rejected from the resistance line, it will move towards the lower support area. It is advisable to wait for a breakout or rejection signal before opening new positions.

Support Area: $0.146-$0.151

Crypto VIP Signal

23 Mar 2024 20:16

ADA is now testing the support area and we may see some accumulation here. If you have missed earlier then you can accumulate some ADA here. We may see a move towards the resistance area in the coming days.

Support Area: $0.588-$0.60

Crypto VIP Signal

23 Mar 2024 10:36

Over 80% of Bitcoin Has Remained Dormant for the Past 6 Months. The trend shows investors are holding their coins for long term gains.

Crypto VIP Signal

22 Mar 2024 19:33

BNT analysis:

The price is currently attempting to hold the support area. We'll need to observe whether the candle will close above this area. If the price breaks below this level, it will be considered bearish and may push the price back towards the major support area. It's recommended to wait for a while before making any new entries.

Support Area: $0.79-$0.817

Major Support Area: $0.615-$0.665

Crypto VIP Signal

22 Mar 2024 15:44

Educational Post

What is Issuance in Crypto market?

The basic definition of issuance is to create something and make it available. But in the crypto space, issuance refers to the generation of new cryptocurrency tokens or coins and this process can occur in a variety of different ways, according to the parameters specified by the creators of the project.

In the case of Bitcoin, the issuance is done through a process called mining, where mining nodes invest a lot of resources to validate new blocks of transactions and then generate brand new Bitcoins as a reward for their work. While Bitcoin issuance is dependent on mining and on the Proof of Work consensus algorithm, there are some other cryptocurrencies that are not mineable and, therefore, have a different form of issuance (for example, a gradual issuance over time or a pre-mine generation of coins).

In some cases, the cryptocurrencies are offered to investors as tokens through Initial Coin Offering sales, right after being generated by a startup or company. The issuance of the tokens is defined by a smart contract that determines beforehand what will be the max supply and initial total supply of that particular token. Investors then may choose to participate or not in the sale based on the token economics presented by the project.

Crypto VIP Signal

22 Mar 2024 10:24

WRX can hold the trendline and the daily candle close above it. You can open a long position when the price retests the support area. We will see a move towards the resistance area in the coming days.

Support Area: $0.253-$0.26

Resistance Area: $0.30-$0.307

Crypto VIP Signal

21 Mar 2024 19:19

TLM analysis:

The price is currently attempting to rise above the resistance area. If the daily candle closes above this level, the upward movement will likely continue. You can monitor this situation and consider opening new long positions if the daily candle closes above the resistance area.

Resistance Area: $0.023-$0.0244

Crypto VIP Signal

21 Mar 2024 09:24

As expected, QTUM has rebounded from the support area, resulting in a quick 16% profit. It is recommended to increase your stop loss and hold on to your long position.

Resistance Area: $5.00-$5.50

Crypto VIP Signal

21 Mar 2024 04:30

Wallet Maintenance for Tron Network (TRX) - 2024-03-25
https://www.binance.com/en/support/announcement/bf55e6a2d4e0406a88fc7ae08e08a860

Crypto VIP Signal

20 Mar 2024 14:49

Educational Post

What is SPL?

SPL stands for Solana Program Library (SPL). It is a set of rules and protocols governing how tokens behave and interact on the Solana network. In other words, it is a collection of predefined protocols and specifications that dictate how tokens function within the Solana blockchain.

This standardization ensures consistency, interoperability, and ease of integration across various applications and platforms within the Solana ecosystem.

Similar to ERC-20, BEP-20, and other token standards, the SPL token standard serves as a blueprint for developers looking to create, manage, and deploy tokens on Solana, providing a cohesive framework for the Solana blockchain's evolving token ecosystem.

Key Features of SPL

1. Interoperability: SPL promotes interoperability by defining a common set of rules for tokens. This ensures that tokens adhering to the SPL standard can seamlessly interact with Solana wallets, decentralized applications (DApps), and other smart contracts on the network.

2. Composability: Composability is a crucial aspect of SPL, allowing developers to create innovative and complex applications by reusing existing SPL-compliant components. This accelerates the development process and encourages the exploration of new use cases within the Solana ecosystem.

3. Efficiency: SPL enhances the efficiency of token-related operations on the Solana blockchain. Smart contracts and decentralized applications can interact with SPL-compliant tokens more effectively, thanks to the standardized features and functions provided by the SPL token standard.

4. Native Token (SOL): The native token of the Solana blockchain, SOL, adheres to the SPL standard. This means that SOL tokens exhibit interoperability with Solana wallets, DApps, and other components of the Solana ecosystem, contributing to a seamless user experience.

Implementation of SPL

Developers on Solana can leverage the SPL token standard to create a wide range of tokens, each tailored to specific use cases. These tokens can represent anything from fungible assets like stablecoins to unique non-fungible tokens (NFTs) such as digital collectibles. The adherence to SPL ensures that these tokens share a common language, allowing for smooth integration and interaction within the Solana blockchain network.

Crypto VIP Signal

20 Mar 2024 09:27

Bitcoin Dominance is currently situated between its support and resistance areas. Due to the instability of BTC, altcoins have experienced a decline in value. Altcoins are now near the support zone, indicating that there may be an opportunity for market accumulation before the next upward movement. If you're looking to invest in altcoins, it may be wise to establish your positions near the support zone. Please note that the support and resistance levels for BTC.D remain unchanged.

Crypto VIP Signal

20 Mar 2024 06:16

Bitcoin has been struggling to hold the $64,000 support area and is slowly moving towards a major support area. We may see some sideways movement until we reach the support area. We need to wait and see how BTC reacts when it reaches this support area. If it breaks below, the market will turn bearish in the short term, leading to heavy selling.

Crypto VIP Signal

25 Mar 2024 09:26

The marketcap of altcoins (TOTAL2) is approaching a significant resistance area. It remains to be seen how the price will respond to this area. If TOTAL2 breaks above the resistance, we can expect a positive upward trend in altcoins. For those who are holding altcoin positions, it is important to use proper risk management and set up a stop loss.

Crypto VIP Signal

24 Mar 2024 19:59

APE analysis:

Price tested the support area and bounced from there. APE is now moving towards the resistance area. You can open long positions near the support area with tight stop loss.

Support Area: $1.75-$1.82

Resistance Area: $2.00-$2.12

Crypto VIP Signal

24 Mar 2024 13:37

SHIB analysis:

The price has recently broken the downtrend line and is currently moving sideways. We may see a move towards the resistance area. Let's observe if the price can break above this resistance area. At the moment, you can open a small long position and add more if the price moves towards the support area.

Support Area: 2300-2450 (zeroes not mentioned)

Resistance Area: 3000-3150 (zeroes not mentioned))

Crypto VIP Signal

24 Mar 2024 06:39

Bitcoin has struggled to maintain its position above the $65,000 mark and is currently trading in its vicinity. This crucial level must be surpassed for the upward momentum to persist. Expect sideways movement until Monday, when the US market reopens and activity resumes. The key support zone remains unchanged at $59,000-$60,000.

Crypto VIP Signal

23 Mar 2024 15:32

Educational Post

What Is EigenLayer?

Ethereum transitioned from a Proof-of-Work (PoW) model to a Proof-of-Stake (PoS) system through a series of upgrades. In PoS, users stake their ETH tokens to secure the network. Essentially, they become validators who verify transactions and ensure network integrity. In return for their contribution, stakers earn rewards.

However, staked ETH is temporarily locked, limiting its accessibility. This is where EigenLayer steps in with its innovative approach. This article provides a quick overview of EigenLayer, its core functionalities, pros and cons, and the key differences between traditional staking and EigenLayer staking.

EigenLayer is a protocol built on top of the Ethereum blockchain. It introduced a concept called "restaking collective," allowing ETH stakers to support applications within the Ethereum ecosystem.

EigenLayer creates a dynamic marketplace for decentralized trust. Developers can benefit from the security provided by the collective pool of stakers, while stakers can support the development of their projects.

Crypto VIP Signal

23 Mar 2024 08:02

Bitcoin is showing good buying pressure with some wicks. The price is now approaching $65,000 and it remains to be seen how it will react. Market sentiment is still bullish, but there may be some sideways movement over the weekend.

Crypto VIP Signal

22 Mar 2024 19:12

Hey fellas!! Great news for y'all 🥳

Due to a lot of request from our community for a massive Pancakeswap GEM call. We have decided to share next Guaranteed 5x-10x PancakeSwap GEM call for you guys. Our Team is validating Bunch of amazing projects which are so undervalued but have best potential.

Note : some key points if you want us to validate your project.
- CMC and CG list
- Liquidity lockup’s
- Token lockup’s.
- Project Idea , Team and Development
- Dex and Cex exchange listing
- Roadmap Implementation
- Upcoming events
- Product Market Fit
- FA & TA.

Meanwhile you can transfer a little fund in BNB or USDT(BEP20) on MetaMask or TrustWallet! so you don't miss this great opportunity because this pancakeswap GEM is going to list on tier1 exchanges in upcoming days.

Date & time of Pancakeswap GEM call : 4pm UTC,March 28

Exchange: Pancakeswap

Stay tuned. Happy trading 😊

Crypto VIP Signal

22 Mar 2024 12:26

MANTA recently tested the support area and successfully bounced back. For those with open long positions, consider adjusting your stop loss and holding firm. Currently, MANTA has surged approximately 24% from the support zone. Consider accumulating more near the support area for potential future gains.

Crypto VIP Signal

22 Mar 2024 06:07

Bitcoin has retested the trendline and bounced from there. We may see a move towards the resistance area again. Overall market sentiments are bullish and we may see a continuation of the upward movement.

Crypto VIP Signal

21 Mar 2024 11:52

Since the Merge, we've noticed a fascinating trend: a potential decrease in Ethereum issuance. This reduction could result in a net decrease in the Ethereum supply, primarily driven by the burning of more ETH through transaction fees than the issuance of new ETH. Remarkably, our observations reveal a net reduction of -410k ETH in the total circulating supply since the Merge.

Crypto VIP Signal

21 Mar 2024 06:09

Bitcoin tested the support area and grabbed liquidity from there. The price pumped hard due to the FOMC meeting, and interest rates remain unchanged. The resistance area is $69,000-$70,000, and the support area is $64,000-$65,000

Crypto VIP Signal

20 Mar 2024 18:10

WRX Analysis :

WRX is been retesting the trendline and given a close below candle of the major Support area around $0.25. Price a shallow candle close and expected to reach lower. There're bit of chances for the price to move from the supporting trendline. Its better to wait the price to develop further price action and take the setup as its very risky at the moment.

Crypto VIP Signal

20 Mar 2024 12:27

1INCH just heavily dropped below the lower with the market scenario and reached the Support. This can be a short scalping opportunity to us and can be risky also. Take it accordingly with short targets

Crypto VIP Signal

20 Mar 2024 07:07

Binance Will Delist DREP, MOB, PNT on 2024-04-03

https://www.binance.com/en/support/announcement/1e531578a30c46eebf52c8dae3c56092

Crypto VIP Signal

19 Mar 2024 19:02

ORDI analysis:

The price has broken the long uptrend channel, and it remains to be seen whether this is a fakeout or not. It would be prudent to wait for a candle close for confirmation. If the price is unable to close above the trendline, then we can expect a move towards the major support area. This zone presents an opportunity for new entries.

Major Support Area: $40.80-$44.50

Resistance Area: $62.5-$65