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MASk USDTMask Network is flashing some bullish signals! We have a descending wedge formation that has confirmed breakout. We must now see follow through with confirmed volume to increase chances of this being a new bull run! Secondly we can also see a massive cup and handle formation that suggest a projected price of MASK Network to reach up to 30$+ target! As of now, due to the a falling wedge breakout, i am leaning bullish and also firmly believe MASK trades at 20$ in the near future. Please note this is not financial advice and i am not a financial advisor. Trade at your own risk.
Long
by Oroboros-
NFTs and Private Clubs for SHIB - Social Spaces for Crypto CoinsWhat’s fueling the rise of SHIB? There’s some evidence that they’re engaged in a marketing blitz right now, which is fueling the dramatic price increase we’ve been seeing in the last few days. Will it last, though, is the question. (Video version below, btw.) I took a dive into Shiba Token’s websites and announcements, looking for something resembling an actual product. Their NFT-based “social club” was the closest thing I could find -- basically using a SHIB-based NFT as a “ticket” of admission to their own “private clubs”. (Hence the fancy top hat and suit -- and developing a smoking habit too, apparently, lol.) Crypto Apes and a few other NFT projects out there have done similar things, with much success -- people seem to like hanging out with like-minded folks, apparently. shiboshis.shibaswap.com Regardless of what you think of the project itself, I do think that the fact that even SHIB is getting into the “NFT as a social signal” market shows that this is probably where crypto will be moving towards in the near future. It’s often not about the NFT itself (NFT of a rock? Who cares?) but what the act of buying something signals to the rest of the world (I am someone with an ironic sense of humor -- let’s hang out!). Best not to take this market too literally, imo. So, what does this mean for projects like Dogecoin, who’s probably feeling the pressure right now? One thing DOGE fans don’t like to talk about is the fact that their coin’s main selling point (stable, useful) actually runs counter to the idea of their coin “mooning”, making everyone rich. It doesn’t seem like they’ve come to terms with that, yet. But they do have the advantage of having a strong community backing with real developer support, so the upcoming DOGE-ETH bridge and DOGE-based meme-NFT markets could be their saving grace. In my opinion, what will “save” DOGE from falling into obscurity is the community support behind DOGE-minted NFTs, which will be very tough for other coins to compete with since the energy behind it won’t even be close. But the way for DOGE fans to get rich off of this stuff would be through the NFT market, not the coin itself. SHIB itself is pretty clear that it's a coin made for speculation -- whereas DOGE has taken the nobler route of making a coin that might actually be useful for people to use. You can't have it both ways, though, and we're going to see this dynamic play out internally as the two coins start to compete with each other.
COINBASE:SHIBUSD
by RyanTanaka
3
NFTs and Private Clubs for SHIB - Social Spaces for Crypto CoinsWhat’s fueling the rise of SHIB? There’s some evidence that they’re engaged in a marketing blitz right now, which is fueling the dramatic price increase we’ve been seeing in the last few days. Will it last, though, is the question. (Video version below, btw.) I took a dive into Shiba Token’s websites and announcements, looking for something resembling an actual product. Their NFT-based “social club” was the closest thing I could find -- basically using a SHIB-based NFT as a “ticket” of admission to their own “private clubs”. (Hence the fancy top hat and suit -- and developing a smoking habit too, apparently, lol.) Crypto Apes and a few other NFT projects out there have done similar things, with much success -- people seem to like hanging out with like-minded folks, apparently. shiboshis.shibaswap.com Regardless of what you think of the project itself, I do think that the fact that even SHIB is getting into the “NFT as a social signal” market shows that this is probably where crypto will be moving towards in the near future. It’s often not about the NFT itself (NFT of a rock? Who cares?) but what the act of buying something signals to the rest of the world (I am someone with an ironic sense of humor -- let’s hang out!). Best not to take this market too literally, imo. So, what does this mean for projects like Dogecoin, who’s probably feeling the pressure right now? One thing DOGE fans don’t like to talk about is the fact that their coin’s main selling point (stable, useful) actually runs counter to the idea of their coin “mooning”, making everyone rich. It doesn’t seem like they’ve come to terms with that, yet. But they do have the advantage of having a strong community backing with real developer support, so the upcoming DOGE-ETH bridge and DOGE-based meme-NFT markets could be their saving grace. In my opinion, what will “save” DOGE from falling into obscurity is the community support behind DOGE-minted NFTs, which will be very tough for other coins to compete with since the energy behind it won’t even be close. But the way for DOGE fans to get rich off of this stuff would be through the NFT market, not the coin itself. SHIB itself is pretty clear that it's a coin made for speculation -- whereas DOGE has taken the nobler route of making a coin that might actually be useful for people to use. You can't have it both ways, though, and we're going to see this dynamic play out internally as the two coins start to compete with each other.
COINBASE:SHIBUSDLong
by RyanTanaka
$30 is inevitable for $ALICEHello and welcome to this quick update: Timing is very important in order to trade tokens like $ALICE and $AXS The future of NFTs is bullish, at least in short term, so lets catch the big moves together. $ALICE is locating at a very good support today, we have 21D EMA, and the lower line of a bullish pattern. Targets for ALICE are from fibonacci extension levels, I draw it from the latest correction (from $24 to $8). IMHO $30 is very achievable for $ALICE, share your insights and ideas with me in comment section and let me know what do you think about this GEM.
Long
by CryptoSep
8
Reddit may be preparing to launch its own NFT platform with btcOther social media platforms including Twitter and Facebook have been working to support NFTs, if not create a competitor to major marketplaces.Social media platform Reddit appears to be hiring workers to support the design, build and maintenance of a nonfungible token (NFT) platform.According to a Greenhouse job posting, Reddit is looking for a senior backend engineer for a platform responsible for “millions of users to create, buy, sell and use NFT-backed digital goods.” The position requires at least five years of experience in backend development as well as the ability “to design and implement complex distributed systems operating under high load.”“If there is one thing we’ve noticed with NFTs, they too have an incredible power to create a sense of participation and belonging,” said the job posting.“With every new NFT project, a vibrant community of owners pops up with it. Fans of today’s biggest creators and brands are now flocking to buy digital goods directly from them — to support them, to gain exclusive access, and to feel a greater sense of connection with them. Over time, we believe this will only grow, and NFTs will play a central role in how fans support their favorite creators and communities.”Reddit has acted as a medium to bring together crypto users for years, with the platform’s subreddits largely responsible for pumping prices of tokens including Dogecoin (DOGE). Users can also earn the platform’s Community Points — digital currency-like tokens in the form of Moons or Bricks — by posting certain content to earn rewards.
EASYMARKETS:BTCUSDLong
by Krista79492
Something Special Brewing for NFTYesterday was the highest volume day for this coin since the first day it launched. And today's volume is even more massive, with 8 hours to go till daily close! Daily MACD has taken support on the zero line, and crossed over, thanks to this massive volume. Looks like the whales are taking a lot of interest. And best of all, we just had a breakout from the massive downtrend with this high volume. If you zoom into the 15 minute chart, you can see that the breakout looks decisive. If breakout confirms, we could see massive price explosion over the coming days and weeks. NFTs have many other use cases than just the art application most people are aware of. I suggest you read this article on that topic: finance.yahoo.com Disclaimer No Investment Advice Provided Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Post/Idea or in connection with it are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. This Post/Idea should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions. Opinions, market data, recommendations or any other content is subject to change at any time without notice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. I do not recommend the use of technical analysis as a sole means of trading decisions. I do not recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS
Long
by kkarmayogi
10
Solana to make a 70% or 100% move in the coming weeks. New money can't afford $ETH, fees are high, NFTS are expensive. Meanwhile Solana offers basically free NFT minting, a large ecosystem with powerful backers, great projects on the top of it, but mainly higher rewards with pretty much the same risk. If the market remains bullish (and looks like it will) I guess its safe to assume that a lot of new capital will flow into $SOL soon. From a technical perspective its been ranging in the rising channel since January 2021, the ma are heading up, the volume is rising again, on the daily it broke out of a symmetrical triangle within an uptrend and the move was pretty strong, so I guess we will see more upside in the coming weeks. Potentially a 70% and a 100% move over the course of the next month. However, it looks like its the 5th Wave of the Elliot cycle so there might be an ABC correction once it hits the top of the channel. I know that markets can stay irrational for a long time especially in the case of Solana, but the resistance in 350-400$ area should be strong.
BINANCE:SOLUSDLong
by Tradeonesia
MetaHero. Second to noneHello! This will be little different update. I couldn't find an chart of this crypto but I want my followers to be aware of this project. It is called MetaHero (Hero) . They will bring a possibility for people to make of them selfs an avatar, 3D model (kind of nft) which then can be used in virtual reality. The technology is already there partnered and designed by Wolf Studio. This is something that no one else has. Most of the cryptos are fighting in the same areas. This isn't Metaskanner takes an picture of the person, item or what ever you want to take picture of and makes an 3D Ulta-HD model of it. These models will ofc cost to make. This is part of their business model and will work as a marketing rocket. Think about it. Someone famous takes this Ultra-HD 3D model and uploads it to their channel, this will bring masses aware of this. It is genius if you ask me. CEO is Robert Gryn -Youngest self-made entrepreneur to make the Forbes 100 Richest list in Poland -Former CEO of Codewise, the 2nd fastest growing company in Europe. Years 2017, 18 and 19. That ain't an easy thing to accomplish. -Sold Codewise he shifted 100% of his attention and focus to crypto metahero.io www.youtube.com (Inside the metaskanner) If you will participate in this only use the amount you are willing to lose This is not an advertisement or a financial advice Take care :) -Jebu
BITSTAMP:BTCUSDLong
by PalenTrade
6