Rapid Holder Growth for Memecoins on Solana & Ethereum. Mem | MiconCrypto on Binance Square

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Rapid Holder Growth for Memecoins on Solana & Ethereum.
Memecoin Supercycle is in its early stages.
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POPCATUSDT

Perp

1.3331

+14.37%

PEPE

0.00000994

+8.39%

WIF

2.702

+17.02%

801

0

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Details of Monthly and Annual PPI Data from the U.S. The monthly PPI showed a decline from a previous rate of 0.2% to 0.0%, falling below market expectations of 0.1%. The annual PPI decreased from 1.9% to 1.8%, yet it still exceeded the expected rate of 1.6%. These figures suggest less than anticipated drops in producer costs and indicate potential implications for final consumer prices. Examining the monthly Core PPI, it decreased from 0.3% to 0.2%, aligning with expectations. The annual Core PPI rose from 2.6% to 2.8%, remaining above the forecast of 2.7%. Due to its exclusion of volatile items like food and energy, Core PPI is regarded as a more stable inflation indicator, making it particularly significant for market assessments. Follow Us Like Share comment Repost

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Justin Sun Becomes Prime Minister of Liberland and Promotes Libertarian Ideals Justin Sun, a prominent figure in the cryptocurrency world, was elected as the Prime Minister of Liberland on October 6. In a post on the social media platform X, Sun expressed that his election is a great honor for him and emphasized the principles of freedom, minimal state intervention, and individual autonomy. He pointed out that Liberland represents not only a country but also a model embodying this philosophy. According to Sun, this approach is the most effective path to achieving economic prosperity. Follow Us Like Share Comment Repost

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PEPE SUPER PREDICTION WATCH OUT 🎤🎤🎤🎤 Can PEPE Price Rally to New ATH? The PEPE price has surged 24% in the past month and 10% in the past week after a bullish sentiment spread through the market. However, recent trading activity shows a minor decline of 3.97% in the last 24 hours, bringing its price to $0.00009123. The Pepe coin price movements have fluctuated between a daily low of $0.0000909 and a high of $0.00009503, reflecting a volatile trading session. Despite this short-term setback, PEPE remains significantly higher than its all-time low of $0.00002764 from April 2023, marking a remarkable 33114% increase. However, it is still down by 46.56% from its all-time high of $0.00001718 recorded in May 2024, indicating that recovery is still underway. Pepe’s price is currently encountering resistance around the $0.00001 mark. If buying momentum increases, the top altcoin could target a higher level of $0.00001718. If the price surpasses the crucial $0.000015 barrier, a stronger rally might follow, potentially setting the stage for a substantial uptrend. This breakout could result in significant gains, possibly an 88% increase from current levels. The Average Directional Index (ADX) stands at 17.13, signaling that the trend might gain further strength if the level continues to rise. The whale activity surrounding Pepecoin has notably influenced its price movements throughout 2024. Mid-May saw a sharp increase in PEPE’s price, which aligned with a significant spike in whale transactions exceeding $100,000. This surge points to large investors playing a crucial role in driving the price upward during that period. With Bitcoin hovering above $60,000 and whale activity driving market dynamics, PEPE could see a significant rally if momentum builds. Reclaiming its ATH may still be within reach, contingent on overcoming key resistance levels. Follow Us Like Share Comment Repost

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Fed Ends Tight Monetary Policy with First Rate Cut !!!!!!¡!!!!!! Details from Fed Minutes..... The meeting that initiated interest rate hikes has historically resulted in negative outcomes for the cryptocurrency market. Now, we will review the specifics from the meeting where the first rate cut occurred. Comments from members regarding the potential for faster rate reductions and other positive aspects may bolster risk markets. The Fed is expected to lower rates by 100 basis points this year, and the median forecasts from members were revised accordingly in the last meeting. Significant downward revisions in rate predictions are seen as positive. Key takeaways from the minutes can be summarized as follows: Fed minutes have been released. Participants emphasized the importance of conveying that decisions depend on economic development and risk balance rather than following a predetermined path. A few participants noted that a 25 basis point cut could signal a more predictable normalization path. Many Fed officials stressed the importance of indicating that quantitative tightening may continue for some time, even if rates are lowered. While Fed officials predict the economy will remain strong for the September meeting, growth forecasts for the second half of 2024 have been revised downward to reflect weaker labor indicators. The likelihood of a 50 basis point cut in November has increased. Follow Us Like Share Comment Repost

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Dogecoin Predictions BTC is experiencing a downturn while DOGE finds buyers around the $0.11 mark, reflecting a 2% increase. Maintaining support at $0.105 is necessary for further upward attempts. Trader Tardigrade suggests we might soon witness an upward breakout after a long consolidation period similar to that of 2021 for Dogecoin $0.109762. “DOGE has shown a convergence pattern after breaking a long downtrend, resembling the final consolidation before the Great Bull Run of 2021.” If proven correct, price target of $1.8 could repeat the previous cycle’s peak, with upward momentum potentially increasing at $0.5. Follow Us Like Share Comment

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