Ordinals have lost thier hype for now. I am not sure what will happen in the future. NFT is still going strong but the fees on Ethereum are not helping. I think AI projects will be the next trend in crypto. The advancement in AI and what Elon did will lead to new projects. If you are not aware what Elon did then let me tell you he releases code for his AI chatbot Grok. This incident will open doors to many crypto projects that were planning to use AI as an utility. |
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Hot? Yes. Strong? I don’t think so. There is not much information I can find on
the internet regarding the coin so do correct me if there’s any confusion. I hope
you had provided some information and credible and legit websites
about this coin so we know we are on the same page. Anyway, This seems to
be another memecoin that is hyped a little too late. It has been increasing in the past
24h but i think it’s all hype or maybe even a rugpull so take advantage as much as you can
but if you are thinking of long-term holding forget about it .
That is the problem, not much information available on the internet. OP forgot that we are humans and not bots who can self derive by one liner what OP wants to know. Without more information none of us can help him with his concern. |
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Why do they have two websites with different domain name. The one they have with thier business name is not in english. They should have created a single website with english as the primary language and they should use the same website to collect funds. This type of activity doesn't look good when your objective is to ask funds for the project. It would be nice if you don't ask other about any project as multiple replies would confuse your opinion. Always do your own research and then invest in your money. The forum doesn't allow refferal links or code, please remove it from topic.
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The meme coin trend is not going to end soon. Earlier they were using the Ethereum blockchain and now they have started using Solana blockchain. There have been a few meme coins that have seen success on Solana. Now the new trend is to launch a meme coin on Solana. The shift is more or less due to the high transaction fee on Ethereum. We will surely witness many more meme coins on the Solana blockchain. I feel there will be a time when Solana will be known for meme coins.
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There is not much demand for altcoins and that is why they are not pumping the way they did in 2021. Except Bitcoin and meme coins none of the altcoins are doing that great. They all are still below their ATH and they will continue to perform in the same manner unless there is a demand. I saw BNB and SOL still doing better than the top 50 altcoins as per coinmarketcap. I think we would need to wait for the halving event to end and after that, we might see a rally in altcoins.
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What is the use of a telegram bot that you do not trust and have no knowledge of? There are so many bots available in telegram and most of them charge for using them. Why pay the money when you have CEXs that are offering trading bots for free and they are from trusted exchanges? A trading bot won't do any miracles and you still will need to apply your strategies to make it work. It is not that these bots have the ability to decide when to buy and when to sell you would need to give those commands. I think it is better to ignore such bots in the future as they are no longer required.
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About a year ago this project was quite famous with the launch of a mining model using a cellphone, PC, or even on a smart TV, which was quite famous at that time because of how easy it was to do mining. But after that, the miners started not talking about it anymore. But recently it has started to be talked about again because the meson network project has been announced and even announced by the Binance Twitter account, where this project will carry out developments in the field of AI and Depin.
Mining using a cellphone, PC, and Smart TV is a big red flag for me as with a PC, I can accept but the other two pieces of equipment cannot be used as mining equipment as they won't have enough computational power. I follow Binance on X.com and I have not seen any announcement about them. Please share the tweet so that we all can check. This tweet has been deleted. |
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Many new meme coins are suddenly appearing on the Solana blockchain and most have been successful. Solana will be known as a blockchain only for meme coins in the future if this trend continues in the same manner. I am not against any meme coin project, but I would prefer a crypto with utility and not an image to invest in. Good luck with your endeavor.
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Yeah it went down to $64,000s yesterday. I figured the lowest price would be hit on the weekend, since the weekend doesn't have that extra boost of hundreds of millions of dollars coming in from ETFs. Of course it could always dip lower, but its now back up like $3500 since last night, back over $68k. Unless sellers are planning another big round of dumping, I think we'll see it head back over $70k this week. Though I certainly wouldn't mind a chance to do a little DCA under $65k.
Anyway this dip is very healthy for the market. Going almost straight from $51k to $73k wasn't healthy. Getting even just a few days under $70k helps prime the pump for a move over $75k in the near future.
Your analysis was correct the price of Bitcoin is going down and looks like it is heading towards a major correction. Do you think it will break the $60k mark and go below it? I have been reading a few articles that are speculation about a major price shakeup. You are right that for the healthy market such correction is needed and hopefully after it is done we might see Bitcoin creating a new ATH. |
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It is already below the $61k price point and by the 22nd it should reach $59k. Then there can be a bounce back but it was on the card as it did pump very fast. Price correction was supposed to happen and the price always takes a dip before halving. This would have been the first time a small bull run happened before the halving, all because of the ETF. The demand for Bitcoin is not as much as it was earlier when ETFs were approved and there is news that the demand will gradually go down. |
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some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
That is a very wrong approach as without health investment is of no use. The priority should always be to stay healthy and happy over anything. If a person is healthy then he will be in a zone where his investment decision will be correct. With correct investment that person will get good profit. Whereas an unhealthy person won't be able to take the right decision. It is imperative to take care of your health first than thinking about investment. |
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I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
Bitcoin price correction was going to happen and it has already started. Don't sell your Bitcoin and buy altcoins because Bitcoin will cause a big correction in price of altcoins. ImA correction of 30% or more can happen and if you sell your Bitcoin and buy altcoins you will be in loss. Continue to hold Bitcon and after halving it will again pump. |
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The current investor sentiment in the crypto market is more towards meme coins. FTM is a good cryptocurrency but in the small bull run these crypto did not perform as well as expected from them. Currently the price of 1 FTM is significantly lower to its ATH and at present it is falling due to Bitcoin price going into red. Whatever gains it got in the small bull run will be again lost if the market keeps going into red. I think it is time for anyone interested in this token to accumulate more and wait.
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The hype was alway present after 2021 what we are noticing is the gree effect. All meme coins have been doing well in the market. After Bitcoin price crashed a few meme coins like PEPE are still in green. I don't know whether it is whale manipulation or in genuine investors are accumulating more coins. As again when Bitcoin price will go up these meme coins will deliver good returns. I am not looking into new ones as the older ones have shown good potential.
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I don't think anyone here would require VPN. Yesterday, I got a notification from Binance app to upgrade to the new version. When I clicked on update it took me to blank page of my mobile browser where I was asked by the browser whether I want to download the APK file. I selected yes that led to the download and next installation of the file. After it was done I opened up the Binance app and it was working normal. I did check after everything whether my app was updated or not and it got updated. I think there won't be any issues with other exchange app if we can download the APK file from their website in case the app needs to be updated to the latest version.
Since the app not available on Play Store they bypassed update via app itself which will work as usual until government announces another warning or ban their servers too and can completely shutdown the app because Indian government did that to many Chinese apps in the past few years. As said previously, using Binance now is a risk but if it's worth that 1%TDS then continue using it. I know the risk and I do understand how they are doing it but it is better than local exchanges. The amount of discrepancy with INR pair these exchanges have is unbelievable. TDS is one of the factors which still makes me trade on Binance. I am not a day trader so it doesn't affect me if Binance gets cancelled completely. I don't hold mry funds on exchange wallet, I only use the exchange to buy altcoins then transfer them to my self custody wallet. |
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Hi All!
I’m fairly new to the crypto world. I’m still trying to learn how to trade. Where do u guys trade? Which sites do u suggest have a reputable “copy trade” option?? I don’t mind fees or commissions. I just want to try the copy trade option while I’m still learning. Thank u!
What country are you in? These days it makes a big difference, since so many are afraid to do business in the USA, for example. Hello, I’m in US. The most reputable cryptocurrency exchanges in the US are Coinbase, Kraken, and Gemini. I do not think Binance is available for the US and I am not aware whether the named exchanges have a copy trade option. I am only aware of Binance which provides a copy trade option but it does not operate in the US. You would need to learn to trade and for that, you can either do a Google search or go through this thread and you will find books recommended for beginners on trading. |
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There was a time before 2021 when everyone was heavily investing projects that had utility. After 2021 things have changed a lot where meme coins that doesn't have any utility is preferred investment. In the current market these coins have given more than 10 x returns in a single day. I haven't seen such craze back in 2021 like now on these coins. A lot of new meme coins are now using Solana blockchain due to less fee and most of them are making big waves. As an investor if anyone wants to grab this opportunity then you will need to have USDT parked on an exchange to buy them before a big listing.
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It is an ongoing issue with the Ethereum network wherein the transaction fee is high. They developers have tried reducing the transaction fee but the demand of ETH increases the transaction fee. I doubt you would find any CEX or a DEX where you will pay less fee as it is the problem of the network. That is the reason the l 2 solution was created to avoid the congestion and high transaction fee.
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This is the same SOL which had crashed a few month earlier and got to the lowest point of its price point. The current resilience indicates that the market has a positive outlook for Solana than other major crypto. There is demand for SOL which stopping it from following Bitcoin blindly. Both ETH and BNB took a massive hit when the price of Bitcoin suddenly went down. I won't be surprised to see SOL taking the position of USDT in terms of market capitalisation if it continues to move upwards in few months.
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I feel AI would take over gaming in sometime now. The amount of innovation coming up in AI everyday is mind blowing. I have seen crypto projects generally follow what is trending globally. The next narrative will be AI and we will see a lot of new cryptocurrency related to AI trending in the market.
Can these three narratives or the AI one beat the existing trend of meme coins or NFTs? I am not sure as these two are currently most hyped and selling like anything in the market.
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