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Top Trader Issues Warning on Memecoins, Says Trade Idea Already ‘Consensus’ and Getting Saturated

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A veteran trader known for timely crypto calls is issuing a warning over memecoins as he suggests the sector may have reached peaked popularity. Pseudonymous trader The Flow Horse tells his Telegram channel that memecoins may soon fade as another crypto sector ascends. “Let me stress this: nothing in this market – or in life, for that matter – is permanent. Some things stay in the spotlight much longer than others, but the longer something remains in the spotlight, the more people forget that everything outside of it still exists. That overlooked space, which seems dark and empty, is where opportunity lies. And remember, nature abhors a vacuum. Memes are an amazing momentum trade, but let’s be clear – they are absolutely a consensus trade now.” Meanwhile, the trader says real-world asset (RWA) project Ondo Finance (ONDO) may start attracting interest from market participants looking for projects other than memecoins. “In reference to my Twitter post, I think OND
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Crypto trader turns $80k into $2 million in 6 days

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As was the case with many savvy cryptocurrency investors during the 2024 bull market, one trader made a small fortune with meme coins within just a few days. Specifically, one investor spent 603 Solana (SOL) – worth approximately $86,000 – on October 11 to purchase 10,7 million $GOAT. On October 17, the same trader offloaded some 700,000 $GOAT making about $222,000.  Interestingly, the cryptocurrency investor missed an opportunity to sell the Solana-based meme coin at its peak. Indeed, at one point, the 10.7 million $GOAT was worth as much as $3.75 million. Picks for you Orderly Network launches the first omnichain orderbook on Solana 1 hour ago AI Chatbot set to be a millionaire after $500k Solana meme coin success
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Equivalent of Entire US Population Has Now Received Tether’s USDT On-Chain in New Milestone for Firm

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New data from Tether reveals that the number of people who have adopted the firm’s USDT is now equivalent to the entire population of the United States. In a new blog post, Tether says the largest dollar-pegged digital asset by market cap now has over 330 million users, not including those that solely use it on centralized exchange platforms such as Coinbase or Binance. “USDT has seen significant adoption, with 330 million on-chain wallets and accounts, a proxy for users, ever receiving USDT by the end of Q3 2024 – that is equivalent to the population of the USA. And this does not include people that only use USDT on centralized platforms, of which there are several tens of millions more according to our partners.” Source: Tether According to Tether, the adoption rate of USDT is accelerating as the last four quarters have shown an average increase rate of 9%. “The remarkable growth in users keeps on accelerating, with every quarter adding more users than the
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QuickShock.io - Best Agency to Grow your Crypto Project in 2024. Successful Marketing Strategies at Dubai Event 

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In a week's time, the best cryptocurrency agency QuickShock will be hosting a VIP networking event in Dubai that you definitely can't miss, but why not? The event will bring together all the top people in the crypto industry, who you will be able to chat with in a relaxed atmosphere. In addition, QuickShock has prepared a lot of interesting and important information for you, which will be useful for all those who want to develop in the crypto industry. The QuickShock event is an opportunity to gain new knowledge in a pleasant and extremely useful way.  Why do you need to be at the QuickShock.io event?  The agency's team has prepared several of its own case studies, detailing how QuickShock was able to raise $1 million for its clients over the course of several months. It's rare for companies to share such details, but QuickShock has this opportunity, which the project team will be sharing with everyone who attends the VIP event.  If you have your own project or
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Traders Are Dumping Dogecoin (Doge) To Find Quick Pump Alternatives

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Dogecoin, one of the leading tokens in the cryptocurrency world, is undergoing a rough patch. Doge has failed to impress investors by displaying dormant price activity for long, compelling them to look for better coins. This has sparked massive doge dumping activity, leading the token to note further price fall. Also Read: Amazon Inks New AI Partnership: AMZN Set for October Surge? Dogecoin Dump: What’s Happening Source – Token Metrics Dogecoin is undergoing a massive dumping haul. The token is yet to impress the crypto audience and investors and continues to note significant price decline, which has compelled its investors to search for better alternatives. Per a recent post by Santiment, Dogecoin holders have started to decline steadily since October 8th, 2024. The phenomenon is now rapidly growing, with the portal reporting stating how there has been a net drop of 106.6K non-empty wallets. One of the primary reasons for the recent doge dumping spree has been attributed to the coin’s
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5 Best Cheap Crypto to Buy Now Under 1 Dollar – BOOK OF MEME, Beam, Ondo, Jupiter

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CryptoQuant’s recent Analysis highlights that Bitcoin’s price is continuing to follow historical patterns, with its market cycles typically featuring two distinct bullish phases. The platform noted that long-term investors saw substantial profits during both of these upswings, drawing from previous cycles in 2013 and 2020 Meanwhile, TON has seen a surge in popularity throughout 2024, with its token holder count increasing by 2400%. By October 2024, the platform reached over 90 million $TON holders, reflecting its rapidly expanding community. The growth in TON holders has been consistent from January to October 2024, with a major spike occurring in June. By October, the number of token holders had surpassed 84 million. Given these developments, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar , which requires time and effort. 5 Best Cheap Crypto to Buy Now Under 1 Dollar  BOOK OF MEME (BOME) is currently at $0.010013, reflec
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Daily NFT Sales Jump 30% As Ethereum & Bitcoin NFTs Explode In Sales Volume

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The global non-fungible token market has surged in trading sale volume today after non-fungible token collections created on the Ethereum and Bitcoin blockchain networks exploded in sales volume. In the past 24 hours, the Ethereum and Bitcoin NFT trading sales volume has surged +25%, showcasing that the global NFT market is still staged for higher volumes before the end of 2024. NFT Sales Pump 30% In The Past 24 Hours Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and non-fungible token explorer backed by crypto billionaire Mark Cuban, shows that the NFT market has recorded +ve growth today. In the past 24 hours, the NFT market has recorded a trading sales volume of $15 million, up 30% from the previous day. This surge may be attributed to a recent surge in Ethereum and Bitcoin NFTs. During this period, the NFTs created on Ethereum and Bitcoin have exploded in trading sales volume. In the past 24 hours, the Ethereum NFTs have recorded a trading sale vo
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Is It Too Late To Buy MAGA? MAGA Hat Price Pumps 8% And This Might Be The Next Crypto To Explode

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The MAGA Hat price surged 8% in the last 24 hours to trade at $0.0001701 as of 3 a.m. EST on trading volume that dropped 14% to $12.78 million. The project has seen strong price fluctuations in the last week, going up and down between a support at $0.00015 and a resistance at $0.00020. Even so, it started seeing some strong hype lately, as the US presidential election day approaches. Just recently, the project reminded the community that the election is only a little over three weeks away. US ELECTIONS IN 23 DAYS! 🗳️ We will make America Great Again with @realDonaldTrump! 🇺🇸 A vote for #TRUMP is a vote for $MAGA! 🔥 pic.twitter.com/3se5xEbkvw — MAGA Coin (@MAGACoinX) October 13, 2024 What followed was a series of token purchases that pushed MAGA to become a trending crypto on multiple platforms, seeing an initial price surge of over 15%. It reported being the #1 trending coin on CoinGecko first. $MAGA continues to be #1 Trending coin on @coingecko. Uptober is the month o
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Sell time? Overbought cryptocurrency signals a bearish reversal

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The Sui Network (SUI) has escalated the cryptocurrency market ranks at an impressive speed and price performance amid growing demand. This, however, raised multiple ‘Overbought’ statuses in different time frames, together with bearish divergences that could signal a selling opportunity. Overall, SUI’s momentum is strong, and the crowd’s sentiment is dominantly bullish as the token tests a new all-time high. Yet, this makes the perfect opportunity, liquidity-wise, for whales and early investors to sell and realize massive gains. The fundamental problem with an all-time high is that most holders are in profit and more likely to sell. SUI currently accumulates 184% gains year-to-date, most of which it acquired in the last 30 days, up 118%. Picks for you Realize profits: Millionaire sales take over the market as price surges
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4 Cryptocurrencies Under $1 That Can Secure 120x Gains For Investors This Bull Market

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  The crypto market offers profitable gems like Neiro (NEIRO), Notcoin (NOT), Celo (CELO), and ETFSwap (ETFS) that lurk under $1 worth. These cryptocurrencies have immense potential and can secure 120x gains for investors in this bull market. ETFSwap (ETFS) is making waves among these cryptocurrencies, especially as it unveiled its beta phase with advanced ETF trading features.  ETFSwap's (ETFS): Cheap Crypto Presale Moves Robustly Towards 120x Gains This Bull Market  ETFSwap (ETFS) ranks as the top blockchain cryptocurrency under the $1 price mark, set to secure massive gains for investors over 120x. A surge in participation in the ETFSwap (ETFS) presale in the bull market has been observed as the project shows momentum. The presale has raised over $4.4 million in just three stages from selling millions of tokens.  Early investors of this ETFSwap (ETFS) project will soon pocket over 120x returns and counting in this bull market. The tokens are available at $0.03846 in
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