Cardano has been moving similarly to Bitcoin over the last few months and is currently consolidating around the $1 mark. Yet, if BTC corrects in the coming weeks, ADA will likely perform even worse. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the asset has been consolidating around the $1 mark after getting rejected by the $1.3 resistance level earlier. At the moment, the price is once again dropping toward the $0.75 support level and could break it to the downside and target the 200-day moving average, which is located around the $0.55 mark. The BTC Paired Chart The ADA/BTC chart presents a similar picture, as the price has been consolidating for a couple of months. However, if the 900 SAT level breaks down to the downside, further decline toward the 200-day moving average, located around the 700 SAT mark, and even lower could be expected. Therefore, if the overall trend of the crypto market and Bitcoin remains bearish in the short term, ADA is likely to enter a chopping downward phase. The post ADA Risks Dumping to $0.55 After Losing $1 Support: Cardano Price Analysis appeared first on CryptoPotato .
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Ripple Case: SEC’s Upcoming Report Sparks Unease Among XRP Traders
The SEC will present its report on the Ripple case by January 15. Discussions arise over Ripple`s growth following a dinner with Donald Trump. Continue Reading: Ripple Case: SEC’s Upcoming Report Sparks Unease Among XRP Traders The post Ripple Case: SEC’s Upcoming Report Sparks Unease Among XRP Traders appeared first on COINTURK NEWS . Crypto Potato
Flockerz presale hits $9M, anticipates more gains in the final two weeks
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Flockerz presale anticipates more gains in its final two weeks after successfully raising $9 million. Table of Contents Flockerz’s V2E model FLOCK could land on a top exchange How to join the FLOCK presale The new Vote-to-Earn (V2E) meme coin Flockerz (FLOCK) recently hit $9 million in its presale. With just a couple of weeks left before it prepares for its official listing, investor traction around this new coin has grown massively. Flockerz puts decision-making in the hands of its community — every holder has a say, with opportunities for receiving additional tokens by voting on community topics. This has many calling Flockerz the “people’s meme coin.” Flockerz’s V2E model Flockerz’s V2E model aims to transform how meme coins work by aligning community incentives with project growth. Instead of top-down decision-making, everything is handled through Flocktopia, a decentralized autonomous organization (DAO). This DAO will ensure that no single entity can hijack the protocol or divert investor funds. The meme coin space has seen many projects where founders vanish, leaving the community empty-handed. Flockerz aims to prevent such scenarios by distributing power among holders. If any significant changes are proposed, the community weighs in via the V2E system. This dramatically reduces the risk of rug pulls and creates a stable environment for growth. ????There are 3 things the flock loves???? 1. Community 2. Voting 3. EARNING ???????? pic.twitter.com/76GRTfvrep — Flockerz (@FlockerzToken) December 18, 2024 FLOCK could land on a top exchange A listing on a tier-1 crypto exchange like Binance often skyrockets a token’s price soon after launch. These price surges were seen throughout 2024. For instance, Neiro’s market cap surpassed $352 million after its Binance listing. Typically called the “Binance Effect,” these listings often result in a 41% average gain in the first 24 hours of launch. It’s worth noting that Flockerz is listed in Best Wallet’s ‘Upcoming Tokens’ section. This leading Web3 wallet has a reputation for listing some of last year’s hottest meme coin launches. A great example is Pepe Unchained (PEPU). It started with a presale price of $0.008 and saw triple-digit gains, peaking at $0.068576 during launch. Similarly, Catslap, a trending meme coin, saw over 4,000% jump after its recent launch. Analysts like ClayBro believe a 100% gain or higher is possible for FLOCK, especially since the project looks set to raise well over $10M before its presale conclusion. How to join the FLOCK presale With nearly two weeks left for the presale, early buyers have a limited time to buy FLOCK before it hits exchanges this January. Notably, the platform has completed a smart contract audit with Coinsult . To buy the tokens, go to the official Flockerz presale page and connect a crypto wallet to the website’s interface. The tokens can also be bought directly through the Best Wallet app . FLOCK can be acquired using ETH, BNB, USDT, or a bank card. The current presale price is $0.006531 per token, but will soon increase. Buyers can also stake their FLOCK tokens for a high APY of over 300% at the time of writing. For more information on Flockerz, visit their website , X , or Telegram group . Read more: Binance Research monthly report presents important insights into the crypto market Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Crypto Potato