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SPEEDY is going PARABOLIC! What's NEXT for this Meme Coin Super Cycle?!
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Thanks to Speedy for Sponsoring this Video!
Contract address for Doing your own research (DYOR)
0xc8F69A9B46B235DE8d0b77c355FFf7994F1B090f
NONE OF THIS IS EVER FINANCIAL ADVICE. THIS IS MY PERSONAL OPINIOON AND REVIEW.
CRYPTOCURRECNCY AND MEMECOINS ARE EXTREMLY RISKY AND WE COULD LOSE ALL OF OUR MONEY. NEVER INVEST MORE THAN YOU CAN COMFORTABLY AFFORD TO LOSE
*****************************************************************************
Speedy is a new meme coin on Ethereum that has flown from10 million Dollar Market Cap! It formed a cup and handle we discussed using technical analysis in the first video and is now at 30 million market cap.
Will Speedy continue in the footsteps of recent new meme coins such as Neiro on Ethereum or even OG such as Turbo Toad Token?
The cryptocurrency market is heating up and as Murad said at Token 2049 he believes there will be a MEMECOIN SUPER CYCLE. I agree, now I could be completely wrong, but I am a degen at the end of the day.
GROK from X AI Crypto Market Up Date:
Here's an update on the cryptocurrency market as of October 20, 2024, based on the information available up to this point:
Market Sentiment: The crypto market shows a mix of slight gains and dips, indicating a volatile but generally positive sentiment. For instance, Bitcoin (BTC) has seen a small increase, while other cryptocurrencies like Dogecoin (DOGE) experienced more substantial gains, suggesting a varied performance across different altcoins.
Price Movements:
Bitcoin (BTC) is trading around $67,926.68, with a slight increase noted recently. This positions Bitcoin as still a significant player with a market dominance around 57.70%, indicating its robust standing in the crypto market.
Ethereum (ETH) is around $2,623.06, showing a slight rise, which might reflect ongoing developments or expectations in the DeFi and smart contract space.
Solana (SOL) has been noted at about $153.35, with minor fluctuations, possibly due to its high scalability and performance attracting developer interest.
Regulatory and Institutional News:
The introduction of Markets in Crypto-Assets (MiCA) in the EU is setting a regulatory framework, which might be influencing market strategies, especially for entities like Coinbase preparing for compliance. This could lead to increased legitimacy and adoption but also might impose new operational costs or compliance challenges for crypto businesses.
There's mention of significant crypto holdings and settlements in the US, indicating growing acceptance or at least engagement by regulatory bodies, which could be a bullish sign for market stability and trust.
Market Dynamics:
The total crypto market cap has been reported around $2.31T, with a slight decrease in the last day, but the volume indicates active trading. The volume in DeFi and stablecoins remains substantial, suggesting robust activity in these sectors.
Discussions around bearish and bullish scenarios suggest that while there's optimism, there's also caution, particularly around buying at resistance levels, which might reflect trader sentiments towards overvalued assets or market tops.
Political and Macroeconomic Influences:
Political events, like the US elections, are being watched for their potential impact on crypto markets. Speculation on how different political outcomes might affect regulation and adoption in crypto is rife, with some analysts suggesting a Republican sweep could be particularly bullish for crypto due to potentially favorable policies.
Technological and Sector-Specific Developments:
Innovations like stablecoins gaining approval in regions like the UAE, alongside significant phishing scams, highlight the dual nature of crypto's growth - increased legitimacy alongside persistent security challenges.
**************************************************************************
Sign Up for FREE at the Official Broker for Freeman Finance and Crypto Below! It really helps the Channel!
**********************************************************************
Get 10% off of YOUR TANGEM Wallet using Promo Code "FREEMAN"!!
**********************************************************************
Follow me on X!
**********************************************************************
*THIS IS NOT FINANCIAL ADVICE AND IS MY PERSONAL OPINION. I AM NOT A FINANCIAL ADVISOR AND THIS IS ONLY FOR ENTERTAINMENT PURPOSES! Please consult your financial advisor BEFORE you make any investment decisions and do your own research. *
NOTE: This video description contains affiliate links. If you purchase a product through one of these links, I may receive a commission (at no additional cost to you).
Thank you for supporting my channel!
Contract address for Doing your own research (DYOR)
0xc8F69A9B46B235DE8d0b77c355FFf7994F1B090f
NONE OF THIS IS EVER FINANCIAL ADVICE. THIS IS MY PERSONAL OPINIOON AND REVIEW.
CRYPTOCURRECNCY AND MEMECOINS ARE EXTREMLY RISKY AND WE COULD LOSE ALL OF OUR MONEY. NEVER INVEST MORE THAN YOU CAN COMFORTABLY AFFORD TO LOSE
*****************************************************************************
Speedy is a new meme coin on Ethereum that has flown from10 million Dollar Market Cap! It formed a cup and handle we discussed using technical analysis in the first video and is now at 30 million market cap.
Will Speedy continue in the footsteps of recent new meme coins such as Neiro on Ethereum or even OG such as Turbo Toad Token?
The cryptocurrency market is heating up and as Murad said at Token 2049 he believes there will be a MEMECOIN SUPER CYCLE. I agree, now I could be completely wrong, but I am a degen at the end of the day.
GROK from X AI Crypto Market Up Date:
Here's an update on the cryptocurrency market as of October 20, 2024, based on the information available up to this point:
Market Sentiment: The crypto market shows a mix of slight gains and dips, indicating a volatile but generally positive sentiment. For instance, Bitcoin (BTC) has seen a small increase, while other cryptocurrencies like Dogecoin (DOGE) experienced more substantial gains, suggesting a varied performance across different altcoins.
Price Movements:
Bitcoin (BTC) is trading around $67,926.68, with a slight increase noted recently. This positions Bitcoin as still a significant player with a market dominance around 57.70%, indicating its robust standing in the crypto market.
Ethereum (ETH) is around $2,623.06, showing a slight rise, which might reflect ongoing developments or expectations in the DeFi and smart contract space.
Solana (SOL) has been noted at about $153.35, with minor fluctuations, possibly due to its high scalability and performance attracting developer interest.
Regulatory and Institutional News:
The introduction of Markets in Crypto-Assets (MiCA) in the EU is setting a regulatory framework, which might be influencing market strategies, especially for entities like Coinbase preparing for compliance. This could lead to increased legitimacy and adoption but also might impose new operational costs or compliance challenges for crypto businesses.
There's mention of significant crypto holdings and settlements in the US, indicating growing acceptance or at least engagement by regulatory bodies, which could be a bullish sign for market stability and trust.
Market Dynamics:
The total crypto market cap has been reported around $2.31T, with a slight decrease in the last day, but the volume indicates active trading. The volume in DeFi and stablecoins remains substantial, suggesting robust activity in these sectors.
Discussions around bearish and bullish scenarios suggest that while there's optimism, there's also caution, particularly around buying at resistance levels, which might reflect trader sentiments towards overvalued assets or market tops.
Political and Macroeconomic Influences:
Political events, like the US elections, are being watched for their potential impact on crypto markets. Speculation on how different political outcomes might affect regulation and adoption in crypto is rife, with some analysts suggesting a Republican sweep could be particularly bullish for crypto due to potentially favorable policies.
Technological and Sector-Specific Developments:
Innovations like stablecoins gaining approval in regions like the UAE, alongside significant phishing scams, highlight the dual nature of crypto's growth - increased legitimacy alongside persistent security challenges.
**************************************************************************
Sign Up for FREE at the Official Broker for Freeman Finance and Crypto Below! It really helps the Channel!
**********************************************************************
Get 10% off of YOUR TANGEM Wallet using Promo Code "FREEMAN"!!
**********************************************************************
Follow me on X!
**********************************************************************
*THIS IS NOT FINANCIAL ADVICE AND IS MY PERSONAL OPINION. I AM NOT A FINANCIAL ADVISOR AND THIS IS ONLY FOR ENTERTAINMENT PURPOSES! Please consult your financial advisor BEFORE you make any investment decisions and do your own research. *
NOTE: This video description contains affiliate links. If you purchase a product through one of these links, I may receive a commission (at no additional cost to you).
Thank you for supporting my channel!
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