TONCOiN $1.60 | Elon Loves Huge Communities @ $40bn CapTwitter at early seed stage
driven by community to rule all blockchains present and future
could be the Google in the next 50 years
Truth Social’s Troubles: A Hectic Quarter and Tumbling ShareTrump Media and Technology Group ($TMTG), the parent company of Truth Social, has faced significant challenges in recent months, reflected starkly in its latest financial results. The second quarter of 2024 brought troubling news for TMTG, as the company reported a substantial net loss of $16.4 million and generated a modest $837,000 in revenue. This loss and revenue decline have had a notable impact on the company's stock, trading under the DJT ticker, which saw a nearly 38% drop from its mid-July highs.
Financial Struggles and Cost Pressures
The financial report reveals that legal expenses associated with the company's March SPAC merger, which facilitated its transition to a public entity, were a significant contributor to the losses. Additionally, substantial investments were made in IT and software development for the Truth+ streaming service, with over $3 million allocated to these areas. While Truth+ is expected to begin generating revenue next year, the current financial strain highlights the hurdles TMTG faces.
Despite the company's ambitious plans to expand and enhance its platform, including potential mergers and acquisitions, the results have been less than encouraging. Revenue for the second quarter has decreased from $1.2 million in the same period last year, raising concerns about the platform’s growth trajectory.
Ties to Trump’s Political Future
TMTG’s fortunes are intricately linked to the political fortunes of its chairman, Donald Trump. The company’s prospectus underscores that its success is partially dependent on Trump’s popularity and public perception. With Trump engaged in a fiercely competitive presidential race, the impact of his campaign's performance on TMTG’s stock remains uncertain.
Trump’s recent reactivation on X/Twitter, where he resumed posting after a period of absence, adds another layer of complexity. His activity on multiple social media platforms may influence public perception and, consequently, the value of TMTG’s assets.
Market Reaction
The market has responded negatively to TMTG’s financial disclosures. Shares of the company fell approximately 5% on the day of the report, closing at $24.88. This decline is compounded by the broader 38% drop in share price from July’s highs, reflecting investor concerns about the company’s long-term viability and the broader political climate impacting its success.
In summary, Truth Social’s performance in the second quarter highlights ongoing financial difficulties and a challenging market environment. As TMTG looks through this diffculties, its future will likely be shaped by both its financial management and the evolving political landscape. Investors and observers alike will be closely watching to see how these factors unfold in the coming months.
PULTE GROUP (PHM), THIS DUDE GIVES AWAY LOTS OF MONEYYou can follow the ceo on twitter.
He often has live streams where he obviously talks about his company among other things.
He also gives away a lot of money. It seems he genuinely cares and enjoys giving away money. It seems partly for his image, but imo, he created a win/win. With the amount of money he has given away, he's earned some good publicity.
(I've never received money as a disclaimer, I mention this because a lot of his twitter feed is about giving)
He talks about GME and BBBY often.
Flys a chopper.
Won't give me a ride.
For his stock.
Honestly, he seems awesome, but his stock is getting to the scary zone.
Now, I say this because even though it is a scary zone, there is a lot of potential upside momentum can carry the price to.
So, earnings on the 23th is important to note.
It will likely have an effect on price. I assume from the looks of things, price might see a decent upside movement to 125-145 range and then see a significant downside before recovery.
I think I labeled most of the important things on the chart.
GBLEF Penny Stock WinnerThis chart demonstrates a new direction for Global after settling at new lows a buyer decides to buy 2 Million shares at 4 cents and now owns 14%. No one has to be a rocket scientist to see that something has changed and a new direction in the company has started.
Yes it is penny stock and yes it is risky but you maximum loss is 4 cents and your upside ? I don't know they can put everything in order and make money but they control substantial mining assets.
This is high risk sstock
DOGE Building Pressure To MoonMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here DOGE has not fully mooned yet there is still time to buy on DIPS . The ALTCOIN market has just hit a critical level in this bullish structure and dips are buys, when these dips happen DOGE can start its move higher . This needs to be watched carefully.
DOGE To The MOON
Please watch the video for more information
Delta: Is the DeltaIf an unlisted Lottery King can give 1000's of crores, al the political parties are lap dog of such industry, then definitely its raking in moolah.
For Delta too, both technical & fundamental is getting rosy.
Keep an eye.
#Dogecoin idea update vs #BTCI posted this #DOGEBTC chart a long time ago
Well we are seeing the fractal that I thought was forming appear to be well underway
which is great not only for Doge but #Altcoins as well
Over the years Doge has been fantastic at generating more BTC
and quite literally a unicorn in making higher highs and higher lows through multi cycles
The coin that sparked a whole industry
But often times its best to bet on the market leader
think Coke v Pespi
Apple V Samsung
A $80k BTC puts Doge at over $2 using this projection
will it get there... ? tough to say But at least we have a roadmap
Inverse H&S on #DBI...On the RSI indicator
pointing towards the 70 level
The mood around this coin has definitely shifted with the return of the dev in his viral style videos..
Big twitter accounts continue express interest around the main character including altcoin daily and Kraken
Tech-Media Stocks: Macro Fib SchematicsThese Tech Media/Entertainment companies are among the biggest and most influential. Their Fib Schematics are somewhat similar but a few are unique. Twitter is newer than the rest so it takes up less room. We may see Twitter keep this support and continue onto its new schematics.
As for every single chart, we can see the monthly candles respecting these s/r lines. One must not need me to tell them which way we are suppose to go, rather they must look deep inside the chart and understand weather it is on support, on resistance, or pushing away from one of them. We can see this in ever single one.
Unfortunately, this is a 2 month chart but it still definitely works! 100 percent will still work no matter the timeframe. Its just that the structure gets more defined the lower the timeframe.
Front runs, rejections, and clear supports can be spotted here.
For me, AT&T looks like a buy because of multiple frontuns above. T-Mobile looks like a buy to resistance and then short sell. The others are too complex to put into mere words.
Will Dogecoin Become the Pawsome Payment Method on X?"Elon Musk's Crypto Quest:
In the ever-evolving landscape of cryptocurrency, a new chapter may be unfolding with the recent announcement of payment functionalities on the social network platform, X. This revelation has sparked a renewed interest in meme coins, particularly Dogecoin ( CRYPTOCAP:DOGE ), Floki ($FLOKI), and Shiba Inu ( CRYPTOCAP:SHIB ). The crypto community is buzzing with excitement, speculating that Elon Musk, the tech mogul and proponent of meme coins, might introduce CRYPTOCAP:DOGE as an official payment method on the platform.
The Surge in Enthusiasm:
The surge in enthusiasm for meme coins is evident in the significant increase in futures open interest, suggesting a growing anticipation among crypto enthusiasts. Despite the heightened trading volumes, the prices of these coins have remained relatively stable, leaving many to wonder about the underlying catalysts.
Elon Musk's Potential Role:
Speculation about Elon Musk's involvement has taken center stage, fueled by the entrepreneur's past experiments with cryptocurrencies, particularly his flirtation with Dogecoin. Musk has hinted at the possibility of incorporating cryptocurrencies into the new payment system on X, drawing parallels with his endeavors at Tesla. The billionaire's previous statements indicate a keen interest in exploring the potential use of cryptocurrencies as part of the platform's payment ecosystem.
XPayments and the Potential Launch:
The recent introduction of an official account named XPayments on social media platforms, adorned with a golden verification badge and featuring the X company logo, has further fueled the anticipation. While the company has not explicitly confirmed cryptocurrency payments, the account's creation signals a potential launch of payment services on the platform. Elon Musk, in a December interview with Ark Invest CEO Cathie Wood, revealed plans for the X app to roll out payment services by mid-2024, adding to the excitement surrounding the platform's future developments.
Regulatory Steps and Licensing:
In a strategic move, the company has reportedly obtained a Rhode Island license for cryptocurrency payments and trading services in the United States. This regulatory step could pave the way for a more robust and compliant integration of cryptocurrencies into the platform. While the specifics of cryptocurrency payments remain unclear, Elon Musk seems to be actively steering X towards becoming an "everything app."
The Road Ahead:
As the crypto community eagerly awaits further announcements and developments, Elon Musk's ambitious goal of turning X into an "everything app" adds a layer of intrigue to the unfolding narrative. Whether Dogecoin and other meme coins will find a permanent home as payment options on X is a question that only time will answer. Nevertheless, the convergence of Musk's vision, regulatory steps, and the crypto community's enthusiasm sets the stage for a potential revolution in how we perceive and use cryptocurrencies in everyday transactions.
Conclusion:
The integration of meme coins as payment methods on X could mark a significant turning point in the cryptocurrency space. Elon Musk's influence, coupled with the platform's regulatory groundwork, suggests that the future of payments on X might be more decentralized and dynamic than ever before. As the countdown to mid-2024 begins, all eyes are on X and its potential to redefine the landscape of cryptocurrency transactions.
DOGE Dogecoin New All Time High after X Payments integration???The recent launch of X payments has generated excitement around $DOGE.
There's speculation about whether Elon Musk will fulfill his promise to accept #Dogecoin payments on X.
The unveiling of a new payments account by X opens up the possibility of #Dogecoin becoming a payment option.
The GitHub account of X (Twitter) Developers apparently includes code mentioning CRYPTOCAP:DOGE , as confirmed by XPayments today.
If an integration with X payments materializes, things could become very intriguing and fast-paced for Dogecoin and other dog-themed meme coins. 🚀
I am optimistic about the potential for Dogecoin to achieve a new all-time high!
Elon Musk’s X Explores Amazon PartnershipIn the ever-evolving landscape of social media, Elon Musk’s platform, X, faces a pivotal moment. Recent discussions reveal a potential collaboration with Amazon, a move that could reshape the platform’s advertising dynamics.
Meanwhile, as advertisers depart in the wake of controversies, X seeks strategic alliances to revamp its image and attract a new wave of businesses.
X In Talks With Amazon
Elon Musk’s social media platform, X, is in early discussions with Amazon to integrate the platform into the e-commerce giant’s ad-buying software. The primary objective of the partnership is to empower small businesses to showcase their products directly on X, tapping into Amazon’s expansive user base.
Notably, as X engineers strive to enhance the ad platform, the focus remains on refining direct response ads, crucial for luring small business advertisers akin to industry giants like Meta Platforms, formerly known as Facebook.
According to a WSJ report, the deal, if finalized, could attract numerous small and midsize businesses on the e-commerce giant’s platform, ranging from office supplies to home goods. However, the report also suggested that the discussions are in the early stages and may not result in a final agreement.
Meanwhile, X CEO Linda Yaccarino is leading the charge to diversify the advertiser base. In addition, talks with other ad platforms, including Google and PubMatic, underscore the platform’s commitment to exploring new avenues. Notably, a deal with Google earlier this year marked a significant step forward.
The Social Media Platform’s Shift in Advertiser Landscape
Elon Musk’s foray into the social media realm, marked by the acquisition of X in 2022, has triggered a seismic shift in its advertiser landscape. The departure of major brands like Apple, IBM, and others, prompted by controversies and brand safety concerns, has paved the way for a surge in small and medium-sized businesses seeking advertising opportunities on the platform.
Meanwhile, X’s adaptation strategy involves honing performance ad products tailored to its new target audience. Aiming to compete with industry giants like Meta and Google, X faces an uphill battle, with challenges ranging from content moderation to proving ad effectiveness. Talks with potential partners like Amazon signify a strategic move, requiring assurances regarding content policies to assuage the concerns of advertisers.
As X ventures into uncharted territory, the outcome of these discussions holds the key to its resurgence in the competitive social media landscape.
DOGE UPWARD TREND LONGif DOGE breaks this trend it will go down otherwise good potential for long with good RR.
Not financial advice. Always do ur own TA
TWT/USDT Secondary trend. Wedge. Pivot Zone. 08 2023Logarithm. Time frame 3 days.
🟡Secondary trend. All this downtrend has formed a descending wedge in the secondary trend, which is conditionally a bullish formation. Important levels breakthrough and consolidation of which depends on the development of the trend is indicated by arrows. Also showed the percentages from the reversal zone, if we go in a bullish direction.
This is how this wedge looks like on a linear price chart.
🔴Local trend . It is worth noting that if the resistance at 0.9697 is not broken and there is an impulse by triggering a lot of stop-losses to long under the support at 0.8186, then the triangle may reformat into a double bottom with a flat top, provided that the zone of previous local lows is held.
Major trend . Time frame 1 week.
TWT/USD Main trend. Huge triangle 10 2022
Also on the chart in the main trend, the fractality of the pamp/dump of the so-called pamp zone can be seen.
This is how the main trend now looks on the linear price chart.
TWITTER: $32 | where deals are made on and off books organic and solid.. still undervalued relative to the rest
intentionally under dog to keep off secret billionaires taking over the board...
----
twtr... the app that gets the other apps to the moon
raw power sustainable over time across the space..
--
lines are key levels for new recruits to exit Jack's pals aka early investors...
twtr (twitter) projectiontwitter (X) is ready for small move up then all the way down towards given area . trade always with care and with confirmation
Big accumulating for Massive Move??? Weekly Chart
455 days that is accumulating phase until now
Doge's touched 3 times and bounced back from support
Daily Chart
Zoom out to easily this accumulating phase
Chart 4H TF
Now, Doge is trading around 0.0616x
BINANCE:DOGEUSDT has resistance zone around 0.0667 and support around 0.0575 if Doge's downed
If BINANCE:DOGEUSDT can break and close above resistance, I expect Doge will go up 0.08
Otherwise, Doge's downed...0.03 is support
Time will tell
DANGER for #DOGE2 pennies is definitely on the the cards as potential target ...
The bigger question COULD
#DOGECOIN collapse to levels WELL BELOW a PENNY
Log scale Head and Shoulders target 1/3rd of a penny
taking it back to price levels and congestion zone of the previous bear market
THIS could potentially be life changing opportunity if you could fill your doggy bags down there.
EURUSD... Bearish-BATWe have XABC, and almost D.
Lets set a limit order.
SL: 15 pips.
TP: 15, 30, 45, 60 pips.
What is the Bat harmonic pattern?
The pattern is a 5-point retracement structure that was discovered in 2001 by Scott Carney. It has particular Fibonacci measurements for every point within its structure. It is necessary to note that D is not a point, but rather a zone in which price is probably going to reverse. This zone is known as the Potential Reversal Zone (PRZ).
The B point retracement of the primary XA leg has to be lower than a 0.618, preferably a 0.50 or 0.382. The PRZ is made up of 3 converging harmonic levels:
0.886 retracement of the primary XA leg
Extended AB=CD chart pattern, mostly 1.27 AB=CD
Minimum BC projection is 1.618
Info by patternswizard
Wait until 2 hours.
Then, if it reaches the price, wait another 5 hours for closing.
See you soon.
JB.-
DOGEUSDTHello Traders,
Based on the chart provided, we're potentially looking at a situation where there could be a rise in prices and increased market activity, possibly resulting in significant gains. Additionally, it's important to consider the possibility of the market maintaining a stable range.
A crucial factor to keep in mind is that any notable price surge and the associated gains would likely hinge on a substantial uptick in trading volume.
It's also noteworthy to pay attention to the price trends on the abbreviated chart positioned above the main chart, highlighted in black.
Furthermore, it's worth mentioning that Twitter user X recently highlighted that this place is dog-friendly ;D
Target 0.075
Feel free to share your insights in the comments section below. Thank you.
BTC/USD Gematria, Dump, Twitter, PumpAs u can see, all twitter posts was before the market movements.
Check gematria for ORANGUTAN, GORILLA, SCORPION and ONE SIX.
Also u should know the language of numbers.
Follow my twitter and lets begin the GAME
A STRANGE GAME.
THE ONLY WINNING MOVE IS
NOT TO PLAY.
HOW ABOUT NICE GAME?)
🔥 DOGE Bullish Channel Bounce Signal: Growth ExpectedDOGE has been trading inside this bullish channel for nearly a month. Note that the top resistance of the channel is a direct copy of the bottom support line, making it a perfectly parallel channel.
Stop just below the most recent low, target at the top of the channel.
🔥 DOGE Breaking Out Of A 2-Year Downtrend - Twitter Hype!Last week I made an analysis on DOGE and the fact it was about to break through a 2-year downtrend. As of recently, DOGE has finally broken out, helped by Twitter's highly anticipated payment system.
The hype is mainly based on Musk's earlier comments that he wishes to make Twitter part of the global financial system and that he sees DOGE tokens as a way to make financial transactions with.
IF DOGE will be announced to be part of Twitter's financial system, we can expect the demand for DOGE tokens to soar to new all-time highs.
Exciting times for DOGE investors.
