Crypto VIP Signal

17 октября 2024 08:06

BTC moving good and gave a strong Daily closure with a retest. The Chances are higher to move to wards the $70,000 mark.

Local Support : $6,6,000 - $66,200.

Crypto VIP Signal

16 октября 2024 15:32

Educational Post

What is Fungibility?

An asset is considered fungible when its units are interchangeable with one another, meaning they are indistinguishable. In other words, an asset class is fungible when each unit of the asset has the same validity and market value. For example, a pound of pure gold is equal to any other pound of pure gold, regardless of the shape. Other examples of fungible asset classes may include commodities, fiat currencies, bonds, precious metals, and cryptocurrencies.

However, an equal exchange of a fungible asset does not necessarily mean exchanging of two identical units. As long as the transaction happens between instruments of the same kind and that share the same functionality, it can be considered as an equal exchange. For instance, a five-dollar bill can be exchanged with five one-dollar bills, but they have the same validity. In this example, the US dollar is the fungible asset, while the bills merely represent their underlying value.

In general, most cryptocurrencies are considered fungible assets. For example, we may consider Bitcoin fungible because each unit of BTC is equivalent to any other unit, meaning they have the same quality and functionality. So it doesn’t really matter in which block the coins were issued (mined), all Bitcoin units are part of the same blockchain and have the same functionality. Note that if someone forks the blockchain and create a new Bitcoin, those coins won’t be considered original as they would be part of another network.

It has been pointed out that due to the inherent traceability of BTC and similar cryptocurrencies, some coins might be less desirable than others - especially if they have been previously used in dubious or illicit activities. This means that some merchants or service provides may deny receiving Bitcoins as payments if they believe those particular coins were used by criminals in the past.

Unlike some tend to believe, however, this fact doesn’t remove Bitcoin’s property of fungibility. Traceability and fungibility are two different things and, despite their transactional history, each Bitcoin is still the same in terms of quality, technology, and functionality. Similarly, the US dollar is still a fungible asset, although criminals have been using it for illicit activities for many decades.

Crypto VIP Signal

16 октября 2024 11:30

IOTA is now on retracement move and but gave a decent 17.5% in profits. Currently, price is dumping due to market correction happened, we can expect it to move higher back to old highs and eventually resistance at $0.15

Crypto VIP Signal

16 октября 2024 09:02

BTC gave a quick move up and had a very quick retest. Price still trying to move higher towards the new highs and expected to retest of $70,000 mark.

Crypto VIP Signal

15 октября 2024 15:57

#BTC 67,000 🚀

Crypto VIP Signal

15 октября 2024 11:30

CKB still holding the support level and moved in a big consolidation range. A breakout will lead the directional move in the market and both side have a good 20% - 30% trading range.

Crypto VIP Signal

14 октября 2024 20:15

AST Analysis :

AST rejected hard from the resistance area and goes into the consolidation again between the major support zone and resistance. Long looks good at the support zone with TP at resistance.

Major Support : $0.073 - $0.080

Resistance : $0.097 - $0.010

Crypto VIP Signal

14 октября 2024 11:14

ADA still holding the trendline and kinda looking bullish too. Price now need to see a close above the resistance mark, then we have clean range to the left for a short-term move towards the resistance area.

Resistance Area: $0.40-$0.417

Crypto VIP Signal

13 октября 2024 20:14

SXP Analysis :

SXP had a very sharp rally of the strong resistance area and now holding over the zone as support. Price is expected to move higher if bitcoin remains the same as here o move higher.

Strong Resistance : $0.26 - $0.27

Crypto VIP Signal

13 октября 2024 12:31

IOTA moved 11.6% in profits and gave a shallow break of the resistance but still a rejection too. Price is bullish so we can expect the price to make the new Highs and from higher.

Crypto VIP Signal

12 октября 2024 18:53

#GFT Strong bullish divergence spotted on the daily timeframe—momentum is building for an epic pump 🚀

Crypto VIP Signal

12 октября 2024 18:49

Gifto is a Web3 blockchain solution launched in 2017 offering a crypto wallet with growing features such as to create, store, and gift blockchain presents to friends and loved ones e-cards, PFPs, generative art or red envelopes.

Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here.

Targets: $0.0195 - 0.024 - 0.030 - 0.040

Crypto VIP Signal

12 октября 2024 17:43

Educational Post

What Is Binance Megadrop?

Binance Megadrop is a token launch platform that combines elements of Binance Simple Earn and the Binance Web3 Wallet to create an innovative airdrop experience. The platform is designed to provide users with early access to new token projects and a variety of ways to earn rewards. With Binance Megadrop, users can subscribe to fixed-term products, complete Web3 quests, and receive token rewards proportional to their accumulated scores.

Key Features of Binance Megadrop

1. Early access to token projects

One of the main features of Binance Megadrop is giving users early access to selected Web3 projects before their official listing on the Binance exchange. This allows users to get involved in promising projects at an early stage, potentially benefiting from future growth and development.

2. Integration with Binance Simple Earn

Binance Megadrop is closely integrated with Binance Simple Earn, a feature that allows users to earn rewards by locking their BNB in fixed-term products. By subscribing to these locked products, users accumulate points that determine their reward allocation in the Megadrop program. The longer the lock period and the more BNB locked, the higher the score and potential rewards.

3. Engagement through Web3 quests

Another significant aspect of Binance Megadrop is the inclusion of Web3 quests. These quests are designed to engage users and encourage them to learn more about the blockchain ecosystem. By completing tasks within their Binance Web3 Wallet, users can boost their scores and earn additional rewards.

Crypto VIP Signal

11 октября 2024 20:21

AERGO analysis:

Price is currently trading within the support and resistance area, indicating a neutral zone. It is advisable to wait for clearer market conditions before considering new entries.

Support Area: $0.0.75-$0.0834

Resistance Area: $0.118-$0.

Crypto VIP Signal

11 октября 2024 14:17

Each cycle sees higher prices and more resilient holders. This current phase of minimal losses indicates that long-term holders (LTHs) are firmly positioned for the long run—stronger, less fearful, and prepared for Bitcoin's next big move as we approach 2024.

Crypto VIP Signal

16 октября 2024 21:25

BOME Analysis :

BOME made a successful flip of the key level and now retesting the zone as support. Also, price broke through the Falling wedge pattern which indicating the sign of bullishness. If Daily candle hold the zone then we can anticipate the market to push higher towards the $0.014.

Crypto VIP Signal

16 октября 2024 13:56

Market corrections often drive new investors to sell at a loss, with short-term holders being especially sensitive to volatility. The alignment of MVRV and SOPR by Age indicators shows new investors are both underwater and stressed enough to realize losses. This parallel behavior suggests we're at a critical point for short-term Bitcoin holders, potentially signaling a significant market sentiment shift.

Crypto VIP Signal

16 октября 2024 10:10

Binance Will Support the Kaia (KLAY) Rebranding to Kaia (KAIA)
https://www.binance.com/en/support/announcement/f75f933759ee49d0af1dfbce7e32144c

Crypto VIP Signal

15 октября 2024 20:59

MANTA Analysis :

MANTA is been facing resistance from the structural area and nearly to its resistance too. Market look bullish and healthy at the point and can move higher into the resistance. Taking long are look good anticipating the break of zone.

Resistance : $0.85 - $0.89

Crypto VIP Signal

15 октября 2024 14:59

The current consolidation phase has pushed the spot price below the cost-basis of several short-term holder sub-cohorts since late Jun 2024 (MVRV Ratio <1). This highlights how recent investors have been under financial pressure, nursing increasingly larger unrealized losses.

However, despite many new investors being underwater on their holdings, the magnitude of their unrealized losses are notably less severe than the mid-2021 sell-off, and the March 2020 COVID crash.

Crypto VIP Signal

15 октября 2024 09:02

BTC given a strong break tot he resistance area which is healthy for the market. Price now reacting from the minor resistance, and retraced a bit into the zone as support. NY open might come in play with the market moving higher.

Crypto VIP Signal

14 октября 2024 14:31

Bitcoin's recent journey: After March highs, price momentum ⬛️ cooled faster than capital flows 🟧 slowed. While money kept trickling in (just slower), prices took a steeper dive. In crypto-speak: the HODL spirit's still alive, but the market's feeling a bit queasy.

Crypto VIP Signal

14 октября 2024 08:29

BTC tapped into the resistance area and kinda rejecting and now. Its a Daily TF, to need to wait for the closure. Market Turning slowly bullish, so we can expect a break by this week.

Crypto VIP Signal

13 октября 2024 14:59

With price action confined to a well-defined range over the past six months, volatility is tightening, resembling a coiling spring. After an extended period without significant macro movements, expectations for increased volatility are rising.

We can assess market volatility compression by measuring the percent range between the highest and lowest price ticks over the last 180 days. Currently, only August 2023 and May 2016 show a tighter 180-day price range, underscoring the relative tightness of the current market structure.

Crypto VIP Signal

13 октября 2024 10:15

Bitcoin gave a liquidity hunt previous week and had a break a of structure and now a pullback is expected before moving any up.

Strong Resistance : $64,400 - $65,200

Crypto VIP Signal

12 октября 2024 18:50

Buying #GFT here🚀

Chart indicating a strong bounce from weekly support

We can set target for atleast 20-40% from here in short term✍🏻

Crypto VIP Signal

12 октября 2024 18:48

#GFT/USDT gaining momentum from the demand zone and looks ready for the bullish ride 🚀

Buy on MEXC: https://www.mexc.com/exchange/GFT_USDT

Buy on Binance: https://www.binance.com/en/trade/GFT_USDT

Short term targets: 10%-30%-50%

Crypto VIP Signal

12 октября 2024 08:01

Bitcoin has rebounded after creating a wick below the support area and is now slowly moving upwards. We might see another test of the resistance area and let's see if it can break this level this time. Low volatility is expected over the weekend.

Crypto VIP Signal

11 октября 2024 15:23

Educational Post

What Is opBNB?

opBNB is a layer-2 scaling solution designed to amplify the performance of the BNB Smart Chain. Introduced as part of the BNB Chain's commitment to efficiency, opBNB leverages the Optimism OP Stack to deliver high throughput, low transaction fees, and streamlined transaction processing.

At its core, opBNB acts as an important layer-2 scaling solution, which strategically offloads transaction processing and resource usage from the BNB Smart Chain. This architectural approach enables opBNB to provide scalability that extends beyond the constraints of layer-1 solutions. With the capacity to support over 4,000 transactions per second (TPS), opBNB opens up possibilities for large-scale Web3 applications, ensuring a seamless and responsive user experience.

opBNB Advantages

Gas efficiency

One of the key advantages offered by opBNB is its focus on gas efficiency. Gas fees have been a significant factor in blockchain networks, often impacting the cost and speed of transactions. In the case of opBNB, the average gas fees can be as low as $0.001, making transactions not only cost-effective but also contributing to an enhanced overall user experience.

Scalability

The integration of opBNB into the BNB Chain ecosystem reflects a strategic move toward addressing the scalability challenges often faced by blockchain networks. By acting as a layer-2 solution, opBNB optimizes the performance of the BNB Smart Chain, making it more suitable for the demands of large-scale applications and high-frequency transactions.

Development

Developers within the BNB Chain ecosystem now have access to a powerful tool that facilitates the execution of complex and resource-intensive operations. As the Web3 landscape continues to evolve, the importance of layer-2 scaling solutions like opBNB becomes increasingly evident, ensuring that blockchain networks can meet the demands of a growing and dynamic user base.

Crypto VIP Signal

11 октября 2024 12:56

The TOTAL cryptocurrency market cap is currently trading above a key level, indicating a potential bounce towards the resistance area. A strong rally in all coins is anticipated.