Currency Forecast

On the fateful day of August 11th, the police, with a dramatic flair one might associate with a Victorian detective, announced the arrest of the chief architect and his accomplices. These individuals, through their websites FMCPAY.com and AFF2024.com, had orchestrated an intricate multilevel marketing (MLM) operation, masquerading as a crypto investment platform. They seduced thousands of unsuspecting victims, both within Vietnam and beyond its borders, with promises of monthly returns ranging from 5% to 9%, along with the tantalizing prospect of additional commissions for recruiting others. 🕵️‍♂️💰

Cardano’s price is now flirting with the $1.0 resistance level, a flirtation that could lead to a serious relationship-a 100% rally, according to market analysts. This latest price surge follows a strong week of ADA whale accumulation, a sure sign that the big boys are betting on a bright future. 🐳

Currently, 10 wallets are still hoarding about 26.8 million XRP each, while another 42 wallets are holding a modest 16.8 million XRP. In one of the latest shenanigans, 16.69 million XRP (worth a cool $54.83 million-enough to buy a small island or a really nice sandwich) was shuffled from Coinbase Cold Wallet 155 to Coinbase Cold Wallet 10. Internal transfer, they say. Sure, Jan. 🤷♂️

Behold, several tantalizing tidbits from August are stoking the fires of optimism among DOGE enthusiasts. Shall we indulge? 😌

Let’s rewind. ADA’s been stuck in this double bottom pattern, bouncing off the $0.51 level like a trampolinist who’s had one too many espressos. In July, it tried a breakout but fizzled out like a deflated balloon. Now, though, it’s back with a vengeance-breaking above $0.86 with a candlestick so big, it makes your average birthday cake look anemic. 🐱

ADA price has decided to throw a party, confirming a bull flag breakout and eyeing a 100%-150% upside. 🎉

Should LINK bravely stumble across the menacing $25 border, what awaits at $47 is not merely a number but perhaps the fiery embrace of destiny. Or just more breathless tweets, which in these times, is nearly the same thing.

As reported by the illustrious crypto.news, our dear OKB, the darling of the OKX exchange, has experienced a meteoric rise, its market cap swelling to a staggering $7.4 billion. Yet, as the sun sets on its glory, it finds itself shedding gains like a snake in the spring. 🐍

« Les Japonais ont un problème d’inflation… Ils sont à la traîne, il faut augmenter les taux ! » a-t-il déclaré avec toute la teinte d’un prophète de malheur sur Bloomberg TV. Ah, la douce ironie !

Hyperliquid (HYPE) is trading at $47, creeping ever so closely to its peak of $50. After a 20% nosedive earlier this month, the token has clawed its way back from the $34-$35 range, now poised above the $44.70 support level. Market sage McKenna opines that the surge is “led by spot buying” with the AF (Activity Factor) ratio above 5%, signaling that sellers have run out of steam. He also forecasts “more than $5 million per day in buybacks” to soak up the supply above $50 in the coming weeks.