Despite the aggressive distribution from April to July, the spot price has continued to trade above the Active Investor Cost Basis, which represents the average acquisition price of active coins in the market.
The Active Investor’s Cost-Basis can be considered as a key threshold delineating bullish and bearish investor sentiment. Since the market managed to find support near this level speaks to a degree of underlying strength, suggesting investors are generally still anticipating positive market momentum in the short-to-medium-term.
#BTC got it seller reaction, and back inside the consolidation range and into support too. Market again into a fear mode and again rejecting the support. Its a crucial point and need to see break in structure.
Читать полностью…What Is Smart Treasury (Balancer)?
In traditional finance, share repurchase – or buyback – is a method of transferring profits earned by a company into the hands of its shareholders, an alternative to paying out dividends directly. It is mainly done via purchasing outstanding shares on the market, which then become treasury stock – not entitled to receive dividends and removed from governance participation. It is held by the company and can be later resold on the open market to reacquire capital.
In decentralized finance (DeFi), projects often use a similar scheme of buying back their native tokens from the market, which tends to provide a lower bound on those tokens’ valuation and market capitalization, increasing the overall health of the ecosystem. Smart treasury is a mechanism that automates and optimizes these token buybacks.
Smart treasuries are closely related to automated market makers (AMMs) – which, in turn, are a result of the emergence of decentralized exchanges (DEXs).
Smart-contract-enabled blockchains, such as Ethereum (ETH), have allowed the cryptocurrency industry to build decentralized exchanges. These exchanges allow market participants to trade assets directly between each other and are operated by computer programs, with little need for human administration.
While an improvement in some ways over their centralized counterparts, DEXs are associated with several inherent downsides, one of them being the problem of providing 24/7 liquidity in an environment devoid of a centralized authority that could pool all the trades. AMMs – smart contracts for the management of crowdsourced liquidity pools – have been adapted by the DeFi industry as a solution to this problem.
AMMs receive digital assets from liquidity providers and use those pooled resources to enable constant trading between otherwise asynchronous buyers and sellers. Liquidity providers usually earn liquidity pool tokens in return for parking their capital at an AMM.
The smart treasury concept, initially proposed by the Balancer AMM protocol, allows AMMs to manage – in addition to the above responsibilities – the process of buying back a project’s native tokens from the market, increasing the efficiency of buybacks. The tokens stored in a smart treasury can also be used as an issuance and liquidity pool, allowing for the eventual reintroduction of the treasury tokens back into the DeFi ecosystem, just as it works with treasury shares in the traditional stock markets.
#GOLD UPDATE :
#GOLD perfectly moved to the upside and expected and exactly made a strong bullish move to the upside near to the All-Time Highs. Now, market looks again weak and taking support, but still we can expect new #ATH from here. Go with your additional confluence and confirmation.
Here's the Analysis of #TON :
#TON formed a strong consoldiation range and approaching towards the support zone of $4.60 - $4.92. #TON have a huge potential in upcoming month and expect a bounce from the support and eventually a bullish break to this range.
#US30 UPDATE :
#US30 did made a pullback and grabbed strong liquidity from the market, and again moved up towards the resistance area around 41,350. Potential retest are would be 40,990 area as support to move higher.
#ETH gave a perfect breakout now with the market movement and now on the way for a retest. Price needs to have a strong upmove from here, but we can expect some sort of short-term pullback.
Читать полностью…The coin we are pumping tonight is: JWIF
https://www.mexc.com/exchange/JWIF_USDT
Buy and hold for massive profits🚀
Dear members,
3 hours left until the biggest pump we have ever done on MEXC!
- Our target will be 50X-100X gains today. We will be using the MEXC exchange to pump.
- We will be using the USDT pairing to buy, make sure you have USDT in your account to buy the coin.
- Hundreds of thousands of traders will be buying at once, make sure you buy early before outsiders do.
- If you plan to use your whole balance, you can buy using 75% of your balance initially at market price, use the remaining of your balance to place buy orders!
- When you buy the coin and it's time to sell, never sell on the buy supports! Instead sell slowly in parts as the price goes up.
- After buying, we highly suggest to place buy orders below the market price as the price moves up.
📣 6 hours remaining until our pump on MEXC! Our pump will be free for all and everyone will receive the signal at the exact same time. A few tips before we begin : Buying early and fast is very important! Make sure to be active during the pump. If you buy and sell for a profit we suggest adding a buy order at a lower level afterwards to ride the waves and help support the pump, never sell on the buy supports! Instead sell slowly in parts as the price goes up. We are aiming at 50X-100X gains today possibly even more, make sure you have “USDT” in your “MEXC wallet” before pumping.
Читать полностью…Exactly 12 hours left for the biggest MEXC Mega Pump we’ve ever seen, expect profits of no less than 5,000% and a volume never seen before, our big whales will be pushing price up for hours after our initial signal, getting the biggest volume from outside traders, and making sure all our members make huge profits again!
Make sure you have “USDT”in your “MEXC wallet”before pumping. Be ready at 4pm GMT today.
Dear members,
Exactly 24 hours left for our biggest MEXC pump signal in history!! We expect the maximum number of participants in this pump, reaching millions of traders from every corner of the world. The whales we have on our team for this pump are the biggest we’ve ever had, We’ll be constantly pushing the price higher, not likely seeing many retracements. Buying and holding as soon as the signal is announced will be the most profitable strategy. Our goal in this pump is to guarantee all our members the biggest profits possible, aiming at a minimum of 5000%!! Big reminder that we are doing the mega pump on MEXC.
#TOTAL2 MARKETCAP UPDATE :
#TOTAL2 is started the recovery and nearly to its major resistance area of $940B - $956B. In case of rejection here, we can expect some sort of short-term correction. A break and close above will be the good sign, for the market as it will turn the market bullish.
#RARE broke the triangle to the downside and gave a shallow break too. Price had good sell-off of more than 20% - 25% in favor. Price approaching the area of $0.13 where price could reverse from.
Читать полностью…Here's the Analysis of #WIF :
#WIF is been moving back and forth of the major support zone of $1.49 - $1.55 and broken the a triangle pattern too. Price again falling back towards the zone and expected a bounce from there. You can have strong bias once price tap into.
Accessing the 7-day change in LTH supply as a tool to assess rates of change in their aggregate balance.
We can see substantial LTH distribution, typical of macro topping formations, into the March ATH. Fewer than 1.7% of trading days have ever recording a larger distribution pressure. More recently, this metric has returned to positive territory, indicating that the LTH cohort are expressing a preference for holding onto their coins.
As expected, seller are standing strong and price gone for a retracement or we can see a short-term pullback. Structural area is at $61,100 and low, were potential bounce could come.
Читать полностью…The Accumulation Trend Score (ATS) metric assesses a weighted balance change across the market. This metric also suggests there is a shift back towards accumulation dominant behavior.
The aforementioned shift towards accumulation has contributed to the ATS recording its highest possible value of 1.0, suggesting significant accumulation throughout the last month.
#BTC enters the sell area and tapped in into the drawn resistance zone. Price rejected twice from the zone, showing the area sellers standing strong. Its need to see some sort of break as it formed a new range now.
Читать полностью…#JWIF/USDT Mega Signal Recap! 🚀
Amazing signal with around 200k USDT in volume and peak of 26X. Hundreds of thousands of MEXC traders took notice of our call on #JWIF as it climbed the 'Top Gainers' list, Congratulations to those who managed to make profits on this one, everybody that had a good internet connection and was fast enough had the opportunity to book loads of profit during 2nd minute candle.
This was an amazing signal as we promised our whales supported our coin and we're glad everyone participated. We are receiving many messages of appreciation and we are glad many of you managed to turn a massive profit on this signal! the upcoming one will be a long lasting pump and we will make sure to reach again +10000% gains on MEXC. Stay tuned for our next signal announcement!
Keep buying, our whale will support market buy!🚀
https://www.mexc.com/exchange/JWIF_USDT
2 hours left until the mega pump on MEXC! Things are looking great for us and we will definetly be expecting a very nice pump!
Here is a list of things you need to know before the pump:
- The faster you buy the more profit you will make, buying early is the most important factor that will determine your profits.
- If you are using market buy , using the 100% option won't work , instead use between 75% and below.
- The pump will be free for all and on MEXC, the signal will be given on all our telegram groups at the same time
#DXY UPDATE :
#DXY going perfectly with the analysis, did break of the support zone and near to its a very old low. Monday Market open will cause more bullishness in the market, with a minor retracement in the market.
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, did harder push tot he upside again breaking the resistance area. Price need to have some strong closing over the $60,000 with nearly no wick on the top.
Here's the Analysis of #RARE :
#RARE had a 300% jump in the past days and reached it major resistance area around $0.30 - $0.31 and now forming the triangle formation and breakout is still pending yet. A Breakout will lead in the directional move f the market and take the setup with retest.
Since the Bitcoin price ATH was established in March, the market faced an extensive period of supply distribution, with participation by wallets of all sizes. Over the last few weeks, this trend is showing early signs of reversing, particularly for the largest wallet sizes which are often associated with ETFs. These large wallets appear to be returning to a regime of accumulation.
Читать полностью…#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, had a flip of the zone and gave a good close. Price had a retest and move higher hits nearly $65,000, and minor retracements can done before moving any up.