Nft
TRX Surging: Sun’s $6.2M Banana Purchase Sparks Market BuzzJustin Sun Buys "Comedian" for $6.2M
In a move that blends art, memes, and crypto culture, Justin Sun, the founder of TRON, has acquired Maurizio Cattelan’s iconic artwork, *Comedian*, at a Sotheby’s auction for $6.2 million. The infamous banana duct-taped to a wall has sparked debates in both the art and cryptocurrency communities. Sun described the artwork as a “cultural phenomenon” and plans to honor its quirky legacy by eating the banana 🍌 in the coming days.
This purchase, according to Sun, symbolizes a bridge between traditional art and the digital revolution, showcasing TRON’s innovative spirit and cultural relevance.
TRX: Riding the Momentum
The news of this high-profile purchase appears to have given CRYPTOCAP:TRX a boost in the market. The token is up 2.76%, trading within a bullish channel. The technical indicators point to a strong upward momentum:
- RSI: At 69, TRX is edging toward the overbought zone, signaling strong buying pressure.
- Chart Pattern: A bullish engulfing pattern suggests continued upward movement.
- Moving Averages: TRX is comfortably trading above key MAs, adding to the bullish sentiment.
A Stable Anchor in Volatile Waters*
Justin Sun’s strategic moves have helped CRYPTOCAP:TRX maintain stability amid market fluctuations. By aligning the token with headline-grabbing cultural events, Sun ensures TRON remains relevant and appealing to investors.
As CRYPTOCAP:TRX continues to trade within a stabilized threshold, it seems poised to attract more attention from both crypto enthusiasts and art lovers. The innovative combination of art and blockchain could lead to more institutional interest in the token.
Final Thoughts
Whether it’s a $6.2M banana or blockchain innovation, Justin Sun knows how to keep the spotlight on TRON. With CRYPTOCAP:TRX maintaining a strong technical position and benefiting from renewed attention, the token could see further gains in the coming weeks.
Will the banana become the spark for TRON’s next big rally? Stay tuned.
#AXSUSDT #1D (Bybit) Big falling wedge breakoutAxie Infinity regained 50MA support after a long downtrend, looks ready for mid-term recovery towards 200MA resistance.
⚡️⚡️ #AXS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.6%
Current Price:
5.202
Entry Targets:
1) 4.854
Take-Profit Targets:
1) 6.947
Stop Targets:
1) 3.805
Published By: @Zblaba
NYSE:AXS BYBIT:AXSUSDT.P #Axie #NFT #P2E axieinfinity.com
Risk/Reward= 1:2.0
Expected Profit= +86.2%
Possible Loss= -43.2%
Estimated Gaintime= 1-2 months
BTCUSD Rejecting Downward Trend @ $57k - Watch What Happens NextThis is a followup video to my earlier BTCUSD analysis - suggesting BTCUSD would find support near $57 and rally (eventually) to over $90k.
I found it interesting that I received a few comments on that last video - some in support and others thinking I was wrong. But, now, with BTCUSD clearly attempting to reject any further downward price action near the $57k level - we get to see how this plays out in REALTIME.
Watch this video to learn why I believe the big move for BTCUSD won't happen till after August 15, 2024 (a +$6k move). Then, we'll have to wait till later in September for the major FLAG pattern to complete - leading to an even bigger upward price breakout.
I love this type of analysis and I love sharing it with everyone. Watch my other videos if you want to learn more about what I do and how I help traders prepare for the biggest opportunities.
Watch this play out in realtime with BTCUSD. If I'm right, we'll see $62k again before August 20th, then move into a broader FLAG formation before the next big breakout happens.
Go get some.
Arweave (AR)Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as a collectively owned hard drive that never forgets
the Arweave network uses a native cryptocurrency AR, to pay miners to indefinitely store the network's information
Meta is now using Arweave to permanently store digital collectables from Instagram which is a good news for AR holders
Arweave price today is $16.6 with a 24 hour trading volume of 360 million dollars, AR price is up 60% in the last 24 hours too
AR next targets are 17, 19 and 21
GME (Gamestop) - The Markets Most Underestimated CompanyGamestop is NOT a brick & mortar store.
Gamestop is a Tech company.
Throughout history it has always been Gaming & Arts that have driven the adoption of new technologies and inspired new communities by pushing the boundaries of imagination.
GameStop has cemented itself as a pioneer by becoming the first household name to embrace blockchain technology and explore the realms of Web3 Gaming, NFT's & Crypto.
Web3, NFT's & Crypto empower creators & gamers allowing them to participate in the development of the metaverse where they can share & exchange their in-game assets.
NFT's allow for verifiable ownership of in-game assets which opens doors for gamers to monetize the time they put into gaming and create markets for their in-game assets.
----
Lets use Call of Duty as an example.
A game filled with all kinds of weapons & different levels of power & accuracy.
Imagine if there was a gun that had 100% accuracy & 100% power from any distance.
Now imagine if there was only 10 verifiable copies of this gun in the game.
How much is this gun worth?
Now lets assume a viral streamer like Ninja were to own a copy of this gun.
How much is this gun worth now?
Answer : A lot.
---
GameStop is positioned at the front line of this movement and has sparked a massive wave of innovation encouraging companies & gamers to explore new possibilities that will transform the gaming industry and force other companies to adapt or be left behind.
I repeat
Gamestop is a Tech Company.
Call me crazy, $WOJAKMEXC:WOJAKUSDT
Wojak is the OG of meme culture. MS PAINT DAYS.
The coin itself was created in mid-23; Liquid is locked by contract until the year 2100. It's held a multi-million-dollar market cap, released NFT art and has maintained its commitment to X awareness.
It looks like right now you have some coiling going on, trying to see if history will repeat itself as you see with my green circles. Pump? Maybe, Long hold; 100%,
New high-potential play. Get in early?$BUBBLE just launched across Bybit, Gate.IO, HTX, MEXC and a bunch of other exchanges.
Looking at it's litepaper: bubble.imaginaryones.com , it seems like a possible high-potential play for the next big gami-fi project, with already tons of credible Listed companies backing it and collaborating with it.
A look at the charts:
TGE: 14th May, 10:00 UTC. Price spiked to 0.06.
- 1 hour after, price started to dip till 0.01
- A look at its open see saw that out of 8888 listed NFTs, 10% were not staked. As holders received token airdrops (101010 tokens per NFT), this TGE dip is expected from holders who are in to make a quick buck.
- Post TGE, 90% NFTs remained staked
- 15th May 02:00 UTC8, mini spike pushing the price up to form higher-lows, despite total market dip
- By TA + Investors strength from $BUBBLE Litepaper, we should expect a gradually climb with market, follwed by a couple of pumps with their phased out partnership release over the next few months.
*Do expect liquidity grabs from the minority pool of opportunist.
Overall: Looking at potentially 2000% growth on investments to $0.2 by EOY, from the current $0.01
APE: stop buy📊Analysis by AhmadArz:
🔍Entry: 1.315
🛑Stop Loss: 1.257
🎯Take Profit: 1.345 -1.419 -1.536
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
DEFROGS. Unlock NFT Liquidity. 600% gain awaiting Hello, it's me again. Today I want to talk about an interesting technology that reveals liquidity of NFTs at any given time. Owning top NFT collections, you need to wait or accept an offer for sale (if there is one), which indicates a significant waiting time or the impossibility of selling in principle. Now there is an opportunity to use the full potential of NFT technology.
Regarding the price - me await 600% gain in medium term.
The Road to $66 for STXUSDT (Stacks)$STXUSD has now beautifully broken out of the triangle after an impressive textbook correction at the 0.618 Fibonacci retracement.
This type of correction is a typical feature of wave 2 in an Elliot wave count, which indicates that $STXUSDT is now ready to embark on its third impulsive wave, often referred to as the most explosive one.
Considering the increasing volume, an explosive surge in the number of transactions on the network, and the oscillators, we can expect a swift development in the price towards the following resistance levels:
— 0.57
— 1.06
— 2.85
— 5.96
— 8.16
— 13.17.
#stxusdt #stxusd #BNS #DeFi #BitcoinNFTs #Stacks
IMMUTABLE X is definitely being added for the next cycle!#GAMING layer 2 technology for #ethereum
already doing volume for Gods unchained and the like.
zero gas technology
I think this will be a winner
"Every time you list an asset with ImmutableX it is instantly distributed to multiple marketplaces
True scale for games
ImmutableX supports up to 9,000 transactions per second, with zero gas fees when you mint, transfer, or trade"
Sony Seeks Patent for Super-Fungible Gaming TokensSony's latest patent application shows how PlayStation could use blockchain gaming tech to let players own their unique assets.
A recently published patent application from tech Giant Sony, the maker of PlayStation, detailed the concept of “super-fungible tokens” for games, which would be stored on a distributed ledger (DLT) and transferable from player to player.
Many gamers have had experiences where they get really into a video game, spend a bunch of money on in-game skins or battle passes, and eventually get tired of the game. When this happens in traditional “Web2” games, players are forced to accept the money spent on in-game assets as a sunk cost, and move on. You typically can't sell those assets.
But blockchain gaming changes all of that, and the recent patent application—filed in 2022 but just published to the public last week—from Sony ( NYSE:SONY ) about super-fungible tokens hints that the tech giant might want to get in on the shift.
The patent application outlines a process of tracking a set of gaming assets associated with a player on an “electronic device” and generating metadata based on those assets. The metadata would then be used to create a super-fungible token—essentially a bundle of various NFTs—where the token is created by the storage of said metadata on a distributed ledger (DL) that is “associated with the gaming application.”
The application implies that Sony ( NYSE:SONY ) is considering allowing NFTs in its games. While the patent does include the term “Distributed Ledger Technology,” (DLT) aka a blockchain, it does not specify whether or not it would be a private or public ledger. Sony ( NYSE:SONY ) does specify that the distributed ledger in question would be “associated with the gaming application,” which suggests that Sony may plan to launch its own chain for such an endeavor.
However, whether or not Sony launches NFTs on a public blockchain like Ethereum or Solana, or on a private chain of its own making, NFT adoption from such a big player in the gaming industry would be a huge leap forward for blockchain enthusiasts.
In practice, super-fungible tokens are essentially a bundle of unique in-game assets—such as skins, weapons, vehicles, etc. that are tokenized as NFTs—that can be used within video games. If Sony ( NYSE:SONY ) were to pursue using this patent, it would mean that one of the largest gaming companies in the world is potentially interested in allowing players to own their own in-game assets.
At the end of the day, it’s up to Sony how much financialization it allows. If Sony ( NYSE:SONY ) chooses to pursue this framework on a private chain that it controls, then the gaming giant could impose all sorts of restrictions—but there’s no indication yet that Sony actually plans to roll out this functionality any time soon, if ever.
DexCheck DCK - time to move fast?DexCheck - one of my high conviction high risk play.
Fast development, big community, exchange listings and strong bullish chart.
DCK still have low market cap...
Bigger staking gives bigger IDO-allocation - what will happened to price soon???
I see price around 0.092 as a floor before a big explosion.
This is not a financial advice, just telling you to keep an eye on DCK.
BLUR - Bull Market Target of $3This chart shows #NFT's will still do a thriving business in the crazy part of the crypto cycle :)
Inverse Head & Shoulders... not the prettiest but it's there.
I do expect that $3 to be hit...
which gives Blur a Fully diluted value of $9 billion dollars
Sounds "reasonable" :)
Enjin to 16k Satoshi by August 2022This is a fun chart that I actually made into an NFT on the Enjin chain. The idea is simple. As you can see, ENJ is trapped in a certain zone. The future direction depends on where it breaks off towards. If ENJ breaks above the descending curve, then my prediction is at least 16k Satoshi by August 2022. It could take one of two paths up there. On the other hand, if it fails in the near term and breaks the zone downwards, then it would follow the curve down back into January 2021 levels.
You can view this chart here .
1CAT target 0.0151h time frame
-
1CAT is creating a potential rounding bottom, there is an obvious accumulation zone around 0.004, and will complete the structure once 1CAT break and retest 0.0075. So we can split fund into two parts, first one is buy 1CAT below 0.004, next is the timing that 1CAT retest 0.0075 after breaking it up. Also, according to a standard rounding bottom, target is set at previous high around 0.015.
Will SOLANA hit $300 in Next Bull Market ? #SOLANA Analysis
#SOL/USDT is currently trading near the Weekly Resistance area. If it breaks, we could see it testing the Monthly Resistance level at $30-$33. After this, a retracement of 40-50% is expected, with the best entry point being at $14-$18.
In the long term, the target for #SOL is set at $100/$200/$300. Don't miss out on the potential gains! #cryptotrading #investing
Join us for more updates and analysis on #cryptocurrencies. Let's ride the crypto wave together!
BLUR Cryptocurrency potential Sell-Off soon!BLUR serves as the governance token for Blur, a non-fungible token (NFT) marketplace and aggregator platform.
BLUR Market Cap is $813Mil
BLUR Fully Diluted Market Capitalization is $1,96 Billion!
49.46M $BLUR(about $32.50M) was unlocked yesterday and they will be unlocking more coins next month!
I have a rival to study for comparison, Rarible and its token RARI.
Rarible operates as an NFT marketplace and issuance platform with a focus on empowering creators. The platform leverages the RARI token to reward users engaged in active interactions with the protocol.
RARI Market Cap is $32Mil
RARI Fully Diluted Market Capitalization is $35Mil!
In 2021 RARI was trading at $63.53 and its fully diluted Mk cap was $1.57 Billion! Sounds familiar?
Then the DILUTION started!
And now is trading 45X lower, at $1.4!
In case it will follow RARI`s rule, my price target for BLUR is $0.015.
Now it`s trading at $0.657!
WorkX new Gem looking goodHello Guys,
I have not shared an idea in a while.
This new project has me feeling Verasity early vibes all over again, read my tagged idea and click on the play button of the chart.
Will this gem see the same price action? This is of course a guess.
Only a few months from the first listing, on Kucoin. Well-established staking program with the WorkX genesis NFT. Hard-working team. WorkX is listing on Gate.io tomorrow 30-01-24. Let's go!
On the chart, everything seems good. We have seen a break out of the downward channel. A symmetrical triangle formed and broke upwards, after a short bear trap. I am expecting a small retest of previous resistance, but it could also break free without a retest like these small market-cap gems can do generally.
As always: Trade safe and do your due diligence, please.
Greetings, Corné
#NFP/USDT 2h (ByBit) Falling broadening wedge breakoutNFPrompt looks good for bullish continuation after regaining 200MA support, it also has formed a morning star on 4h TF.
⚡️⚡️ #NFP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.4%
Current Price:
0.6873
Entry Targets:
1) 0.6853
Take-Profit Targets:
1) 0.9377
Stop Targets:
1) 0.5588
Published By: @Zblaba
NEWCONNECT:NFP BYBIT:NFPUSDT.P #AI #NFT nfprompt.io
Risk/Reward= 1:2.0
Expected Profit= +73.7%
Possible Loss= -36.9%
Estimated Gaintime= 3-6 days