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AIRDROP

In-Depth Arbitrum Analysis: Current Trends & Insights✨Welcome to my channel. Here, we conduct a daily analysis of crypto projects and forex pairs. 📅Let's dive into today's analysis, focusing on the crypto market and the Arbitrum project. 🗂 About the Project : Arbitrum is a blockchain project in the crypto space, known for being one of the popular Layer 2 Ethereum solutions. It helps reduce transaction fees and increases speed and security. Arbitrum launched as a Layer 2 blockchain in August 2021 and also conducted a major airdrop, which significantly boosted its popularity over its competitors. 📦 Arbitrum Airdrop : In March 2023, Arbitrum introduced the ARB token and simultaneously airdropped 12.75% of the tokens to its users. This large distribution excited many in the crypto community. 🏅 Airdrop Impact : The airdrop significantly increased trust in the blockchain. Currently, Arbitrum has around $3 billion in TVL (Total Value Locked) and ranks fifth in the market. Its token has a market cap of $2.3 billion and holds the 41st position on CoinMarketCap. 🌱 Project Ecosystem : Given the high TVL, Arbitrum's ecosystem is very active. Major platforms like AAVE, GMX, UNISWAP, PENDLE, and RENZO support this blockchain. There are also specialized platforms that operate solely on Arbitrum, such as Camelot, a DEX that has greatly contributed to the project's growth. 🗡 Camelot Project : As mentioned, Camelot is one of the exclusive projects in the Arbitrum ecosystem. It is a DEX where you can swap tokens in a decentralized manner and become a Liquidity Provider to earn rewards. 📈Here is the chart for the GRAIL token, Camelot's official token. Camelot rewards you with this token for providing liquidity. As you can see, after hitting the resistance at 2675 and breaking the upward trendline, the price entered a downtrend, dropping to 709 and forming key levels at 1008, 1252, and 1418, which could act as strong barriers to price growth. ⚡️Now that we have reviewed the project and its ecosystem, let's analyze the ARB token chart from a technical perspective. 📅 Weekly Timeframe In this timeframe, after the token launch and airdrop, the price pumped initially and corrected to the 0.7654 level. Alongside Bitcoin, it started an uptrend reaching 2.1782. The price tested this resistance several times but failed to establish above it. Following the entry of selling volume, the chart exited the Distribution Zone and started to drop, now even losing the 0.7654 support and reaching 0.6482. 🛒If you had already bought this token, I hope your stop-loss was triggered. If not, I hope you managed your investment well to avoid significant losses. For spot purchases, I would wait for the RSI to break above 34.79 to confirm that the downward momentum is out of the market. Afterward, we can buy based on our personal strategy once the price stabilizes above key levels. 📅 Daily Timeframe In this timeframe, after reaching the 0.6216 support, the price is correcting upwards with decreasing volume, indicating the strength of the downtrend. Despite the RSI losing the 40.13 resistance, upward momentum has not entered the market. This is because the SMA25 is directly above the price, serving as a major resistance. 📉If the SMA25, which coincides with the 0.7654 resistance, pushes the price down, it could reach the S1 pivot monthly level. Should the price continue to make lower highs and drop further, the 0.4826 level (S2 pivot) would be a logical target. 📈If the price stabilizes above the SMA25 and breaks through the 0.7654 level, with increased buying volume and upward momentum, we can confirm an uptrend in this timeframe. 🔑 Key levels in the daily timeframe for ARB are: Supports at 0.6216 and 0.4826 Resistances at 0.7654, 0.9264, 1.2669, and 2.1782 ⌛️For short-term analysis of this token, let's move to the 4-hour timeframe for more detailed insights. 🔍In the 4-hour timeframe, we can observe a Low Wave Cycle. After hitting the 0.6263 support, the price has made higher highs and lows twice. According to Dow Theory's definition of an uptrend, we can say this timeframe is in an uptrend. However, we must also consider another crucial point. According to Dow Theory, volume should confirm the trend and align with the price. As seen in the chart, volume diverges from the price, so we cannot declare an uptrend in the 4-hour timeframe as it lacks the primary Dow Theory confirmation. 📈For an uptrend, I suggest waiting for the price to stabilize above 0.7654, a significant level observable in the daily timeframe. Additionally, buying volume should increase to gain Dow Theory confirmation, allowing us to trust the price rise. If the trend becomes bullish, the resistances ahead are 0.8449 and 0.9264. 📉For a market downturn, since higher timeframes are bearish, we can use riskier triggers to confirm the entry of downward momentum, as these risky triggers align with the trend and are more reliable. The risky trigger level is 0.6822, and the main support is 0.6263. Note that the 0.6822 trigger, being risky, is not entirely reliable, and there's a higher probability of fake moves and traps. If the market turns bearish, the target, as seen in the daily timeframe, would be 0.4826. ⚠️Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
by itsparham96
1
zkSync(ZK) will Drop at least -10%The airdrop of the zkSync(ZK) project was done less than 3 days ago. The ZK token, which was recently airdropped by zkSync, saw a massive sell-off. Almost half of the original recipients sold their entire token allocation, causing the price of this token to fall by more than -30% within a day. Despite complaints about unfair distribution, data shows that almost half a million wallets have received their share of tokens. What is zkSync(ZK)!? zkSync Era is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech. Our mission is not only to merely increase Ethereum's throughput, but to fully preserve its foundational values – freedom, self-sovereignty, decentralization – at scale. --------------------------------------------- zkSync(ZK) succeeded in breaking the lower line of the Parallel Channel and Support zone($0.2170_$0.2100). I expect zkSync(ZK) to drop at least -10% and continue to drop at least until the Support zone($0.1970_$0.1850). Note: An important point you should always remember is capital management and lack of greed. zkSync Analyze (ZKUSDT), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
4
Blum Project Analysis!!!Today, I want to introduce you to another Tap-To-Earn project and see if it is worth your time. In the previous articles, I explained Notcoin and the Hamster Kombat project. If you have time, take a look at these articles. The name of this project is Blum . Please stay with me. ----------------------------------------------------------------------- What is Blum? The Blum Token is a cryptocurrency associated with the Blum Crypto Project on Telegram . While specific details about the creators and core team might be limited, the project focuses on community engagement, utility, and promoting blockchain adoption. The token serves various purposes within the project’s ecosystem, from facilitating transactions to enabling governance and rewarding community participation ----------------------------------------------------------------------- Now, let's check the Blum project with the help of SWOT ( Strengths-Weaknesses-Opportunities-Threats ). What is the SWOT !? SWOT (Strengths-Weaknesses-Opportunities-Threats) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning. SWOT analysis assesses internal and external factors, as well as current and future potential. 🔸 Strengths : The game's style makes it difficult for the bot to jam every token_The active Telegram community currently has 11 million followers Blum selected by Binance labs team as featured airdrop 🔸 Weaknesses : No whitepaper _ Poor website _ Boring game _ The total number of tokens is not clear - the distribution method may not be fair _ the development team is unclear_The goal of the project is very general_ Low number of followers compared to other competitors on X platform _ Currently, you can become a member by invitation only_ It only has roadmap until the end of 2024_ The game environment is very simple. 🔸 Opportunities : Hard Forks to improve the Blum project_ Willingness of big investors to invest _ Improving the website and white paper_ Improve the game environment 🔸 Threats : High number of miners _ Emergence of Whales _Unspecified fee_ Hackers _ Competitors_Laws and regulations of countries Can you add other parameters to the options above or not!? ----------------------------------------------------------------------- Conclusion : Due to the fact that there are more Tap-to-Earn games these days, we should be a little careful in choosing the game, because no matter what you like, you will eventually have an income for the time you spend. According to the description above, if you want to enter the BLUM project, you should only consider it a hobby and not spend a lot of time on it because it has many ambiguities and weaknesses. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Education
by pejman_zwin
14
Arbitrum | ARB What Is Arbitrum and Why Is It a Big Deal ? The price of Arbitrum is $1.40 today with a 24hour trading volume of 1 billion dollar. This represents a 2.7% price increase in the last 24 hours and a 4% price increase in the past 7 days Arbitrum is a rollup chain designed to improve the scalability of Ethereum. It achieves this by bundling multiple transactions into a single transaction, thereby reducing the load on the Ethereum network. a rollup chain is a layer 2 solution that aggregates and processes transactions off-chain, before submitting a single transaction to the Ethereum mainnet. This means that users can enjoy faster and cheaper transactions, while still benefiting from the security and decentralization of the Ethereum network.Arbitrum's native token is called the Arbitrum token, or ARB for short. The token is used to pay for transaction fees on the Arbitrum network and also serves as a means of governance for the protocol. Holders of ARB can participate in decision-making processes, such as proposing and voting on protocol upgrades or changes. Smart Money Accumulating ARB ! The ARB airdrop, as expected culminated in a sell-the-news narrative, with token holders cashing out in large numbers. However, the token’s fundamentals have not faltered amid an influx of funds from institutions and other large-volume buyers – smart money. Following the announcement of the airdrop on March 16, tokens within the Arbitrum ecosystem exploded including Magic (MAGIC), GMX (GMX) Radiant Network (RDNT), and Gains Network (GNS). ARB has launched into an ecosystem with strong fundamentals, which are likely to cool off the token’s downside in the coming weeks. Moreover, accumulation among investors, taking advantage of the dump after the airdrop could provide the necessary momentum for ARB to rally again. next targets are 1.45 and 1.5$
Long
by moonypto
The value of HAMSTER in futerehello guys... let's read about hamster coin and not coin 1- hamster introduction: Hamster Kombat is a Telegram-based tap-to-earn game that has captivated over 1 million players within 11 days of its launch. This rapid success highlights the growing demand for innovative gaming experiences in the crypto space, combining accessibility, entertainment, and financial incentives. Leveraging blockchain technology for transparency and security, Hamster Kombat offers players the opportunity to earn digital coins through simple yet engaging gameplay. Its rise underscores a broader trend towards decentralized gaming platforms, illustrating the potential of Web3 technologies to transform the gaming industry by giving players greater control and rewards. Here are some stats to blow your mind: · 78,000,000 CEOs are playing our game overall (CEO is the name of the player) · 31,000,000 users are actively playing every day · 6,500,000 gamers are simultaneously online I suppose the stats will be like this after a month: Total players: 666,887,569 Daily active users (DAU): 265,029,116 Simultaneously online: 55,573,943 2- NOT coin introduction Notcoin originated as a viral Telegram game, introducing numerous users to web3 through a tap-to-earn mining mechanic . The GETTEX:NOT token serves as a community currency where users can earn by exploring web3 products, participating in new games, contributing value to the ecosystem, and web3 builders can offer their products to the community through Notcoin campaigns. .users: 15,000,000 . If we assume every user gets 300$ from airdrop the total cap when the airdrop happened was $4,500,000,000 ___________________________ based on the project I assume the hamster value will be 3 times more valuable than the ton coin! so the total value when the airdrop happens will be $13,500m. and if all users get 100m coin on average, so the total coin becomes 66600000000000000 and the price of every coin becomes $0.000000202. SO if you have 100m coins right now it becomes almost 20$ in the future!
by melikatrader94
8
Arbitrum | ARB ( Whales buy the dip )The price of Arbitrum is $1.48 today with a 24hour trading volume of 818 million dollar. This represents a 12.50% price increase in the last 24 hours with a circulating supply of 1.3 Billion ARB. Whales buy the dip! but why ? after Arbitrum started distributing governance tokens to eligible decentralized autonomous organizations, some whales have been adding to their stacks. Earlier today, one address holding 1.95 million Arbitrum governance tokens, worth roughly $2.7 million, received nearly 200,000 dollar in ARB from Binance at the time, the price of one token was 1.38 Not long before, a second address holding 1.78 million governance tokens ,worth 2.5 million dollar, spent 80 ETH on buying roughly 146,000 worth of ARB at 1.34 dollar per token. Arbitrum, the leading Layer 2 network on Ethereum, began distributing governance tokens to DAOs earlier this week. Its core team previously designated 1.13% of the overall 10 billion governance token supply, equivalent to 113 million ARB with a current value exceeding 145million, to be distributed among qualifying projects in the Arbitrum ecosystem. he distribution of governance tokens to DAOs is intended to help bootstrap activity on the Arbitrum network. The tokens may be allocated to projects' treasuries or used for other objectives, as determined by the respective DAOs. Projects receiving governance tokens include Uniswap, Sushi, Aave, GMX, Hop Protocol, Radiant Capital, Balancer, Synapse, MakerDAO, Curve, Layer Zero and 1inch. next targets are 1.5 and 1.5$
Long
by moonypto
3
ALT newly airdroped shiny coin, a risky betHello fellow gambler, I think we are going to $0.49. Holding my long from 0.34$. I know I know its dangerous for such a new airdroped coin, but market is just too hot right now. Everything new coin is growing like hell, then dump. many people got $300-$50k worth of NASDAQ:ALT , its literaly free money, I just got 162,402 NASDAQ:ALT about $50k dumped at $0.31 cents. Can’t wait till a few other projects drop that i have farmed with hundreds of accounts. How to check ✔️ 1️⃣Go to airdrop.altlayer.mobi 2️⃣Input your address to check NASDAQ:ALT CRYPTOCAP:BTC CRYPTOCAP:ETH
Long
by hunterdrop
3
Market Update - September 22, 2023 Bitcoin has an up-and-down week as Mt. Gox delays repayments: Bitcoin (BTC) started the week off rallying from $26.5k USD to $27.4k USD before paring its gains by Friday. Mt. Gox trustees delayed repayment of more than 140,000 BTC and other cryptos by a year, extending the deadline to October 2024. Fed holds rates steady as one more hike expected this year: In line with expectations, the US Federal Reserve held its target benchmark interest rate at 5.25%-5.5%. One more hike is expected by the end of 2023, with interest rate cuts anticipated starting next year. Judge blocks the SEC from immediately reviewing Binance.US software: The SEC faced a setback in its case against Binance.US, as a judge blocked the agency from immediately reviewing the exchange’s software. A follow-up hearing is slated for October 12. Optimism completes third community airdrop and plans private sale: Optimism (OP) airdropped ~19.4 million OP tokens (~$27 million USD) to eligible users. The team also announced a private sale of 116m OP tokens (~$162 million USD) to seven buyers. 🪂 Topic of the Week: Crypto Airdrops ➡️ Read more here
GEMINI:BTCUSD
by Gemini
BTC/USDT Technical Analysis: Bearish Trend ContinuesBTC/USDT Technical Analysis: Bearish Trend Continues Bitcoin (BTC) is currently trading at $27,500, showing strong rejection from the retest level at $30,000 as per the chart. In our previous analysis, we recommended opening short or closing long, and we hope you followed our advice. Yesterday, we opened a short position for scalping and booked a good profit. What's Next? According to the chart, BTC is still bearish in the higher time frame (HTF), so we can expect it to reach $24,000 in the short term. However, it's essential to keep an eye on the $27,000 support level, which has become a strong support level. Liquidity is also good at the $27,000 level, providing chances for a possible pump from here. However, if the support level breaks down, the next liquidity area is around $20,000. The strong support after the $27,000 level is at $24,000, while the resistance level is at $30,500. The 50-day moving average indicates a bearish trend as BTC is currently trading below it. On the other hand, the 200-day moving average is around $22,350, and the support is around $22,500-$24,000 levels. Conclusion To sum it up, BTC is currently in a bearish trend, and we expect it to reach $24,000 in the short term. However, keep an eye on the $27,000 support level, which has become a strong support level. Liquidity is good at this level, providing chances for a possible pump. Remember to always do your research before investing in any coins. Follow us for More Quality Content. Thank you.
Short
by CryptoPatel
6
Gala Air Drop Pump?We have been a long time supporter of gala but the tokenomics have made it hard to invest hard. Outside of the token issues this project seems to have it all including a very low price. The word air drop in this case is a little deciving as nothing new of value will be received but rather a relacement token at 1 to 1. After the airdrop the original gala token will no longer be supported by gala. Either way they are using the word air drop will pull alot of attention. This is a daily line chart showing the several moving averages. We are getting awfully close to a major brake out if price continues to consolidate at these levels. Bullish
GLong
by Degen-Dynasty
COTI is in an symmetrical triangle#COTI is in a very nice symmetrical triangle, I would enter now as we seem to have bounced off the bottom. I also expect long term holders to enter now as the end of the Airdrop period nears. Given that a lot of tokens will be locked for ~180 days, I fully expect the token to keep going up. Because of the upcoming airdrop, I am not planning on exiting but I do have a few days to observe if we reach the SL. If we do then I will sell and reconsider if I have time to re-enter, but I would be surprised if we did drop off. Entry: Now (100%) TP1: 0.1050 (50%) TP2: 0.0879 (50%) SL: 0.0716
Long
by crypthal
Stargate is rocketed.Hi to you. Today I edit some basic lines, on daily timeframe. I have some stakes into it. That would be also air drop. Usually, I am not paying to much attention here. Actually, with pump cca +40% Stargate has confirmed higher resistance of the ascending channel. This should probably follow some retracement, too keep and eye on. Also because of Bitcoins are close to 4th wave ending. Because nobody knows where and why... Always with care and ready, Emvo. *This is not any financial advice.
by Emvo10
3
$XLM/$AQUA AirDrop - 15th Jan Interesting project - $AQUA - Liquidity provision for $XLM network - $XLM stands to gain from expansion of Crypto to remittances market - *AIRDROP#2* Key Info: 15th Jan - 00:00 UTC - Snapshot of all relevant wallets. Eligibility critera participants will need at time of snapshot: Min 500 x $XLM in private wallet that allows claimable balances (Recommended wallets are LOBSTR, StellarX, StellarTerm, NiceTrade, Account Viewer, or Stellar Laboratory) AND Min 1x $AQUA Participant will get share of 15 Billion $AQUA Distribution will start on Feb 1, and be divided into equal portions and delivered over 3 yrs.
by Flyte-X
4