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🌌This channel publishes fresh and interesting NFT projects, art and much more on the topic of non-interchangeable tokens Admin: @creatorcrypt

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🚀 As Bitcoin Rockets Towards 100K, Altcoins Struggle to Find Their Groove 📉 The altcoin market is feeling the heat as Bitcoin steals the spotlight once again. With a drop in market cap and a lack of fresh narratives, the mega altseason remains a distant dream. ⏳ Analyst Crypto Ash notes that we're back to December 2023 levels, and for altcoins to shine, they need Bitcoin to hit that magical $100K mark. 💰 While retail interest may be low, smart investors are quietly accumulating undervalued utility tokens, preparing for the next wave of gains. 🌊 Crypto Distilled adds that stablecoin liquidity and the performance of Smart Contract Platforms could be key indicators for an altcoin resurgence. 📈 However, with Bitcoin hogging the limelight and altcoins like XRP struggling, it seems like this cycle might be all about the king of crypto. 🔍 Keep an eye on those indicators and remember: in this ever-changing market, adaptability is key!
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📉 Cardano Faces Resistance at $0.44-$0.49: Will ADA Drop to $0.42? 🔍 Cardano [ADA] has seen a slight setback, with a 6.11% decline in the past month. But, there's more to worry about, as the Global In/Out of Money (GIOM) indicator suggests a potential downturn. 🐻 ADA bears are lurking as 402,720 addresses hold a significant amount between $0.44 and $0.49, indicating a possible resistance level that could trigger a drop to $0.42 or even $0.40. 💼 Despite an 11.32% surge in large transactions, it's important to note that this might not translate into increased buying pressure; it could simply be token movement or sell-offs. 📉 A decline in active addresses on the Cardano network from 35,000 to 32,100 further hints at a retracement, suggesting that new buyers might be hesitant to enter Cardano's realm. 📊 The correlation between network activity and ADA's price is evident, making it crucial to consider the decrease in Open Interest (OI), which implies traders closing positions and potentially pushing ADA below $0.42. ✔️ As Cardano faces this critical resistance zone, investors and traders should closely monitor these indicators for potential market movements.
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🚀 Vitalik Buterin Slams Celebrity Memecoins, Calls for "Better Direction" ☄️ A Discontented Ethereum Co-Founder In the ever-evolving world of cryptocurrency, Vitalik Buterin isn't thrilled about the rise of celebrity-endorsed memecoins. While stars like Iggy Azalea and Caitlyn Jenner jump on the crypto bandwagon, Buterin believes it's time for a more meaningful approach. 🌐 Beyond Financialization Buterin isn't against financial innovation, but he emphasizes that it should serve a greater purpose. He says, "Healthcare, open source software, art – these are worthy causes." It's not just about making a quick buck; it's about making a difference. 🎬 Stoner Cats vs. Shallow Tokens Comparing the current memecoin frenzy to Ashton Kutcher and Mila Kunis' webcomic success, Buterin highlights the importance of substance. "At least there was an actual show being funded," he remarks. It's time to move beyond empty hype and focus on projects with real value. 💡 A Call for Improvement Buterin doesn't just criticize; he offers solutions. To steer celebrity-backed ventures in the right direction, he suggests a focus on public benefit, engaging content, and long-term sustainability. It's time to level up the game and make crypto count.
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🚀 Notcoin Rockets Past Solana and BNB with $4.54B Volume: Is $0.1 on the Horizon? 💥 In a stunning turn of events, Notcoin [NOT] has left heavyweights like Solana and BNB in the dust, boasting a whopping 24-hour trading volume of $4.54 billion! This meteoric rise has caught the attention of crypto enthusiasts worldwide. 📈 Despite a slight dip to $0.021, Notcoin has been on a rollercoaster ride, surging an impressive 287% in just seven days. While it briefly touched $0.028 earlier this month, the current price still holds promise. 🔄 Meanwhile, BNB and Solana clocked in at $1.75 billion and $1.72 billion respectively, highlighting the massive influx of capital into Notcoin's corner. It's clear that this underdog is attracting some serious attention. 📈 The back-to-back jumps for Notcoin are particularly noteworthy considering its relatively recent launch. What was once plagued by selling pressure is now gaining traction, even making its way into the coveted top 100 market cap club.
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📉 AVAX enters a slump: Will $36.9 break or make its market? 🐻 Bears and bulls in a tug of war: AVAX is caught in a battle between buyers and sellers, with no clear winner emerging just yet. 📊 Consolidation phase: AVAX is trading within a tight range, with the MA50 acting as resistance at around $36.97 and the MA200 offering slight support at $36.81. ➡️ Neutral stance: The RSI sits at 49.63, indicating a lack of strong momentum in either direction. 🔍 Key levels to watch: A decisive close above the MA50 could signal a breakout, while a dip below $36.50 may lead to further declines. 📉 Declining social volume: AVAX's reduced social engagement suggests a temporary lull before potential upward movement. 💼 Open interest mirrors sentiment: The open interest level on exchanges reflects the cautious sentiment surrounding AVAX. ✔️ Keep an eye on your portfolio and consider using the AVAX Profit Calculator to assess your gains or losses during this uncertain period.
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🚀 Ethereum Rockets Towards $4k! Can the Bullish Momentum Last? 📈 Ethereum (ETH) is on a thrilling ascent, brushing against the coveted $4,000 milestone. While it retreated slightly to $3,947, the bulls are still in control. 🔍 Technical analysis reveals promising signs. The moving averages indicate a bullish trend, and the RSI suggests strong momentum without being overbought. ⏳ However, a brief pause near $3,940 signals a temporary hurdle. If Ethereum can hold above the MA200 line and capitalize on the current optimism, we might witness a sustainable breakthrough today. 💼 The derivatives market echoes this enthusiasm with increased trading volume and open interest. Top traders on Binance and OKX are leaning heavily towards long positions. 🐂 This alignment of factors, coupled with a Fear and Greed Index at 66% (reflecting "Greed"), paints a picture of confident investors eyeing new heights for Ethereum. 📊 All indicators point to an imminent surge past $4k. Brace yourself for an exciting ride – it could happen today or at the latest, tomorrow! Remember, as always in the crypto world, things can change rapidly. Stay tuned for updates on this exhilarating Ethereum rally! 🎢
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🚀 Bitcoin's Price Dips, but On-Chain Data Hints at a Bargain! 📉 Bitcoin, the trailblazing cryptocurrency, may have slipped to $67,197 amidst a 3.3% dip, but don't let that fool you. The bigger picture reveals a 2.3% weekly surge. ⚡️ Miners' Woes and Market Metrics: Behind the scenes, mining dynamics and trader behavior are shifting. But here's where it gets interesting – the Bitcoin Puell Multiple, a nifty on-chain tool, is flashing an "undervalued" sign. 💰 Miner Revenue Meets Halving Impact: This metric tracks miner earnings against historical averages. With the recent halving event slicing rewards in half, it's no wonder the Puell Multiple is now below 1. ⏳ Timing is Everything: As Bitcoin consolidates its price and network activity revs up with a hash rate surpassing 600 EH/s, this dip in valuation metrics could be a timely opportunity for savvy investors. ☀️ So, is Bitcoin a steal at $67K? The data suggests there might just be some hidden value waiting to be uncovered in the world of digital gold. Keep an eye on those on-chain indicators!
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🚀 BONK Steals the Spotlight from Solana: A 5x Hike Incoming? ⚡️ The price of Bonk [BONK] surged by a whopping 20.04% in just 24 hours, inching closer to its all-time high at $0.000032 on May 21st. ⬇️ Although BONK dipped slightly to $0.000031 recently, it's hard to ignore how this memecoin outshone Solana [SOL] by a significant margin. 🪙 SOL serves as the foundation for BONK, but with SOL seeing a modest 2.58% increase during the same period, is the memecoin now leaving Solana in its dust? 📊 Examining BONK's social volume, it's clear that interest is growing, but we're not quite at the FOMO stage yet. A reading of 9 pales in comparison to the frenzy when BONK hit $0.000038. 💡 However, there might be more room for growth! If history repeats itself and BONK continues to defy expectations, a potential 5x surge could catapult its market cap to a staggering $10 billion. 💰 With a current market cap of $2 billion, this means BONK's price could potentially reach $0.000155 if supply remains constant – an ambitious target that might take time but isn't entirely outlandish. ⏳ While we can't predict the future, if the bull market roars on for another two quarters, don't be surprised if this memecoin makes some serious waves. 🔄 Yet, let's not forget that even as BONK aims high, it still relies on Solana's stability. Should SOL stumble, BONK might stumble too. But the potential for a 5x surge remains tantalizing, even in the months ahead.
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Crypto Strategy

All the latest news from the world of cryptocurrencies and much more For questions about advertising - @danablackwhite

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📊Ethereum Price Prediction as Daily Trading Volume Surpasses $13.5 Billion – Are Whales Accumulating ETH? 🔼The Ethereum (ETH) price is under pressure on Thursday, having now fallen 3.3% on the back from above $3,040 to current levels around $2,930, amid high daily trading volumes of $13.5 billion, as per Yahoo Finance data. 💥Ether has now all but erased Wednesday’s post US CPI gains, weighed as bearish sentiments creep back into the market. 🖥Following a recent death cross in the ETH/BTC pair, the Ether price is just hit new three-year lows. 🔔In a Wednesday note, Coinbase research analyst David Han gave a few reasons for ETH’s underperformance. 🗣️“The approval of spot bitcoin ETFs in the US has reinforced bitcoin’s store-of-value narrative and its status as a macro asset”. 💬“On the other hand, open questions about ETH’s fundamental positioning within the crypto sector remain,” he continued.
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