Projects that are based on long term display a gradual but consistent ascent. However some projects including Neiro has made crypto world more of a gamble which is actually not the essence. People normally trust more long term assets.
š A fake list of 5 tokens supposedly added to Binance Alpha was circulating on Telegram. One of them was #eliza, and thatās where the chaos began. š
š¤¦āāļø One eager trader acted fast:
1ļøā£ Sold 1.76M $ARC (~$170,000). 2ļøā£ Bought 1.42M $ELIZA. 3ļøā£ Then realized... it was a mistake! It was lowercase letters, not uppercase. š
šø Trying to fix this, the trader sold $ELIZA, losing $59,600, and rushed to buy $eliza. But alas! The token's price plummeted after the pump. š¤·āāļø
š¢ In the end, he sold those tokens too, losing another $43,000. Total damage? A whopping $102,000 in 12 minutes.
On the list of my favorite coins, I can see bullish signals on virtually all the coins. Though we can't call it a market rebound because most tokens are yet to get back to the entry point of most traders.
Don't be in a hurry to sell. We must make profit on every sale. Like I said in my previous post, while we're in the festive season, keep you eyes on the chart. š
Quite disheartening that users had to suffer great loss and there wasn't any form of compensation from Binance. $ACX was a major culprit of this kind of manipulation. š¢
Binance Announcement
--
Important Updates on Token Supply Information
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, We deeply value our communityās feedback and strive to provide the most useful and transparent information possible. Recently, weāve received feedback regarding the circulating supply data displayed on the Binance App and the website, and we would like to share our plans to address user feedback and provide users with the best possible support. Current Circulating Supply Data Methodology At present, Binance sources circulating supply data from CoinMarketCap (CMC). CMCās methodology of calculating circulating supply excludes allocations to insiders. For more details, please refer to the CMC website. Upcoming Changes: New Metrics from CMC As CMC introduces two new metrics, Unlocked Market Capitalization (UMC) and Unlocked Circulating Supply (UCS), Binance will also integrate these new data points to the token info section. For more details, please refer to this announcement. We thank the community for their feedback and kindly ask for your understanding and patience as we work towards implementing these two new metrics. Thank you for your support! Binance Team 2024-12-23
On point š"it looks good for long-term". Let's be patient. I saw it at 0.03 and I didn't load my bag. Now I'm buying at any price. š
nirvanacobain Square-Creator-2a58fbbf4
--
$UTK now i am getting so bored with this token , would reach 0.10 and fall back quickly , i bought at 0.11 š.looks good fora long term but i am starting to get annoyed because its not pumping s mucha as i wished .
Recall I mentioned this yesterday. Never sell your assets when the market is down. Rebound might be immediate.
You can imagine some folks who sold during yesterday's correction, are now buying back at a higher cost. Trade strategically. The bulls are still in charge. š
This coin is a pure scam. The team manipulated the circulating supply from the first day it was listed on Binance. Surprisingly, Binance did nothing & it users paid the price. š
Abdulwahabkiani
--
This coin has dipped so much that it has reached below the launched price ā¦ is it now a dead coin?
For newbies in the crypto space, $BTC dominance often drives the direction of the market. If it is red, most alt coins will be red, and vice versa.
Set your mind at ease, it's probably going to dip but no one can exactly predict how low it will go. However, one thing is certain, it's going to rebound. The bulls are still in charge. Remember that something significant will happen by January next year. š
Everywhere is red! Some portfolio are down by more than 50%. š
But do not panic, do not sell at a loss. You will be surprised at the speed at which the market will rebound after many sales from weak hands.
And guess what? The Whales are loading their bags.
If you still have some USDT in your portfolio, make sure you buy each dip of your favorite coin. š¤ So when the market returns to your initial purchase price, you will have some profit. š¤