Howdy crypto investors, bounty hunters, and degens. We have a new batch of all sorts of useful goodies for you. And they refer to Litecoin, !fun Fridays, and FLOW.
Litecoin will soon have a halving at the end of July 2023. This will be a significant event for the Litecoin network. Every halving historically pushes prices to new records after some time.
But the situation is actually even more interesting. In May, the new LTC20 standard was launched, which leads to a gradual increase in the intensity of transactions on the blockchain, effectively creating a new market similar to BRC20.
Traditionally, Litecoin has shown patterns that were then repeated in Bitcoin, so halving LTC is worth taking a closer look at. Those who want to try to speculate on the halving should start entering LTC, because bigger speculators will start entering the coin as the event approaches.
The brand new newsletter with insights, market analysis and daily opportunities.
Let’s grow together!
To understand what opportunities halving gives, let’s look at the dynamics in the example of BTC:
FLOW/USDT is forming a bottom in the area of $0.742, according to RLinda analysts. After numerous attempts to break through the trend resistance, it succeeded. A consolidation is forming, which could push $FLOW up.
The level of $0.742 is the key support at the moment. The bulls’ task is to keep the price above this area.
Over the past month, $FLOW has been forming a decline in volatility and moving into a consolidation phase.
The cryptocurrency pair FLOW/USDT has accumulated the potential for a breakdown of resistance. In the case of breakdown of local resistance areas, it may start the phase of realization of accumulated energy.
Strong support: the previously broken wedge boundary, the level of $0.742.
Strong resistance: $0.800, MA-50, MA-200, $1.000.
If bullish support is successful, FLOW will continue to strengthen towards $1.000 and $1.800.
During the Mint.fun event, you could mint an NFT pass and make NFT purchases through their service. This earned points, for which you can now mint NFTs from artist numo with a refund of the ETH spent on gas, as part of the !fun Fridays event.
How to participate:
With the current gas price, the commission per mint comes out to about $5. And at the end of the week, you will get a gas refund, but if you miss at least 1 day, they won’t do it (so you can use Streak Saver).
A drop from Mint.fun is possible, and there is a very good chance that it will be for these NFTs. So there’s a point to keeping them.
U.S. Senators Elizabeth Warren and Bill Cassidy are taking action to combat the use of…
A unique turn of events unfolded for pre-order holders of Solana's 'Chapter 2' mobile phone,…
A recent advisory from the Federal Bureau of Investigation (FBI), advising against the use of…
In a move to tackle money laundering, the European Parliament has approved new regulations imposing…
Since its introduction following Bitcoin's halving event on April 20, Runes, a novel token standard…
Following the euphoria of Bitcoin's recent halving event, miners are now grappling with a stark…