What is #CPI ?
A Consumer Price Index (or CPI) is a type of index: a basket of assets whose price is tracked to gain insights into market segments. Examples of indices include the S&P 500, the NASDAQ Composite, and the DJIA (all of which measure the performance of the major stocks).
There’s no single CPI – the term refers to any type of index designed to track the prices of consumer goods, services, and household products. Suppose that we have a basket made up of the following expenses: groceries, hygiene products, travel costs, rent, etc. Basically, we can do this with anything you’d expect the average consumer to spend on.
We’ll note down the total cost of the items in that basket, typically using weighted averages to give more “weight” to more important items. Then we’ll note the year/month/period, too. By doing this at set intervals, we can get an idea of how the index is performing over time.
Why is CPI used?
A Consumer Price Index is a powerful benchmark for measuring developments in the economy. Specifically, it’s used to monitor the impact of inflation or deflation. This is useful for many reasons – governments can gain insights into their monetary policy decisions and calculate how much should be given to those with subsidized incomes.
#TOTAL2 (Altcoin MarketCap) :
#TOTAL2 is been gone as per plan and is been dipped down towards the Major Support Zone of $490B - $496B and took a hard rejection. Well, Most altcoins are consolidating or creating a Bearish Continuation Pattern.
Here's the Analysis of #OP :
#OP is been strongly rejected from the major support zone of $1.363 - $1.419 with a Trendline confluence. Price is expected to reachout the resistance area of $1.55 - $1.59 and fall-off. Wait for the price to move as per plan.
Dear members,
1 hour left until the MEXC pump!
A massive 3000%-5000% pump is about to happen in only 60 minutes. We will be using USDT for this call, make sure you have “USDT”in your “MEXC wallet”before pumping.
On a comparative basis, #Options markets have seen a significant uptick in dominance and growth, with open interest more than doubling over the last 12-months. Options now rival futures markets in terms of open interest magnitude.
#Futures open interest on the other hand has been in steady decline since late 2022 (when #FTX collapsed), and has only seen a slightly increase in 2023.
#BTC played perfectly inclined with other HTF charts. We've a huge bearish candle after the rejection and going as expected. Well, next week we can expect some retracements and over have to reach out the support zone around $25,000 and below ($24,150 - $24,500).
Читать полностью…Here's the Analysis of #THETA :
#THETA performed same as other altcoin in the market and reached the major support zone of $0.554 - $0.595 and kinda getting rejection from it. Well, if you took buys then its ok, anyways it will be risky at this point. Better wait for the price to form resistance for shorting opportunities.
Difference Between Total Supply vs Circulating Supply vs Max Supply ?
Total Supply, Circulating Supply, and Max Supply are crucial concepts in the world of cryptocurrencies, each offering distinct insights into a digital asset's characteristics.
Total Supply : This refers to the overall quantity of coins or tokens that a cryptocurrency protocol has the potential to generate. It encompasses all coins that have already been mined and those yet to be mined. However, it might include coins that are locked, unreleased, or reserved for various purposes. Total Supply provides a broad view of the asset's potential availability.
Circulating Supply: This represents the number of coins or tokens that are currently accessible and actively circulating in the market. It excludes coins held in reserve, locked, or otherwise not available for trading. Circulating Supply gives a more accurate reflection of the asset's liquidity and how much is readily tradable.
Max Supply : Max Supply is the upper limit of the number of coins or tokens that will ever exist within a cryptocurrency's protocol. Once this limit is reached, no more coins will be created. Max Supply sets an ultimate cap on the availability of the asset and plays a role in determining its scarcity and potential long-term value.
Understanding the distinctions between these supply metrics is essential for evaluating the market dynamics, investment potential, and fundamental attributes of a cryptocurrency.
Here's a quick guide to learn support and resistance. This guide is really helpful to understand what actually it is and why does it work.
Читать полностью…Dear members,
Exactly 48 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 3000%-5000!! Big reminder that we are doing the pump on MEXC.
In last 24Hours, More than $1B Liquidated, This Reason why you should use stoploss in every trade and read market sentiments.
Читать полностью…#BTC made a huge crash and rejection some sort of support zone. We're already indicating from long time, sign of bearishness. Price nearly tapped out the major support zone of $24, 670 - $24,880. Well, Wait for the market to settle down as its strongly volatile at this moment.
Читать полностью…Hello everyone, 3 days left until our next free for all pump on MEXC. We can guarantee that this upcoming pump will have amazing results, we are expecting at least a minimum of 3000% and more on the initial spike and multiple waves to follow through. This pump will have alot of support from our team. As we get closer to the pump, more details will follow , stay tuned!
Читать полностью…#BTC is pretty much less volatile at this moment, as is been consolidating above the $25,000 mark/ support zone. A breakout will decide the next direction of the move. Mostly we might see a fakeout in these cases.
Читать полностью…#FRTN pump summary:
Amazing signal with around 130k USDT in volume with a peak of +6500%. Hundreds of thousands of MEXC traders took notice of our call on #FRTN as it climbed the 'Top Gainers' list, resulting in massive profits for all! As we promised our whales supported our coin and we managed to go beyond our profit expectation perfectly and we're glad everyone participated. Our team managed to hold the price high enough with nice multiple 10x-15x waves, doing so allowed everyone to make maximum profits. Overall, we can safely say that this signal was a huge success and our whales will have much bigger volume in upcoming one and we will make sure to reach again 5000%-7000% gains on MEXC.
We are receiving many messages of appreciation and we are glad many of you managed to turn a massive profit on this signal! Stay tuned for our next big signal announcement!
Keep buying, our whale will support market buy!
https://www.mexc.com/exchange/FRTN_USDT
The coin we are pumping tonight is : FRTN
https://www.mexc.com/exchange/FRTN_USDT
Buy and hold for massive profits
3 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
Dear members,
6 hours left until the biggest pump we have ever done on MEXC!
- Our target will be 3000%-5000% 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 hundreds 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.
📣 12 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 3000%-5000% gains today possibly even more, make sure you have “USDT” in your “MEXC wallet” before pumping.
Читать полностью…Exactly 24 hours left for the biggest MEXC Mega Pump we’ve ever seen, expect profits of no less than 3,000% 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 tomorrow.
#BITCOIN DAILY TF UPDATE :
#BITCOIN played in HTF exactly as expected, price made a sharp drop over the market and is been near reached the support zone nearby $25,000. Price mostly slow down after these strong moves, and Weekend is on, so wait for the Global to open and see where it drives.
Here's the Analysis of #LINK :
#LINK is been strongly dumped with the market conditions and reacted from the strong support zone of $5.75 - $5.80 and expected to reach around major support zone of $5.39 - $5.53. Its a strong volatile move, so wait for a retracement for short-sells opportunities.
Types of Max Supply ?
Fixed Max Supply: It is the most common type and is implemented in most cryptocurrencies. It is a predetermined number of coins that can never be increased or decreased, regardless of demand. Bitcoin is an example.
Deflationary Max Supply: A deflationary maximum supply is one that is designed to decrease over time. This type of supply is usually implemented in cryptocurrencies to reduce the inflation rate and boost its scarcity. Ethereum hopes to become a deflationary max supply coin.
Dynamic Max Supply: A dynamic maximum supply is one that changes according to predetermined parameters, such as supply, demand and inflation. This type of supply is designed to be more flexible and adaptive to market conditions.
No Max Supply: Some cryptocurrencies have no maximum supply, meaning that the number of coins can increase indefinitely. This type of supply is often seen in utility tokens, where the supply is not limited by the number of coins but by the number of users.
#ALGO made a easy drop as per plan and made a low around $0.0820, which makes around 20.3% in profits. I hope you secured some with the market moves. We can again go for a retest is price reaches $0.0103.
Читать полностью…Here's the Analysis #RUNE :
#RUNE is been consolidating below the strong resistance zone of $1.682 - $1.711, where price nearly tapped into it. Well, the structural support is near at $1.40 - $1.44 and nothing we can do until it breaks out either side. Potential buys can go from support till resistance, so take it accordingly.
What is Max Supply ?
Max supply represents the highest projected quantity of coins that will ever be in circulation for a cryptocurrency throughout its existence. Once this upper limit is reached, no further coins will be created or added. The determination of max supply is typically guided by the specific rules and protocols of each cryptocurrency. For instance, Bitcoin's max supply is fixed at 21 million coins. However, not all cryptocurrencies adhere to a predetermined fixed supply model, as is the case with Ethereum.
It's important to differentiate max supply from total supply. While max supply encompasses both the coins that have already been mined and those that remain to be mined, total supply takes into account the coins that have been lost in addition to the mined ones. The concept of max supply is integral to understanding the potential scarcity and long-term dynamics of a cryptocurrency's ecosystem.