Now, meme coins are typically as predictable as a Blandings pig in charge of a tea party-prone to unexpected tantrums and sudden dashes. But our dear Floki? It’s been playing the long game, patiently bulking up its muscle before that much-anticipated breakout. If the upward pressure keeps up, we might well witness a spectacle that would make Aunt Dahlia drop her lorgnette.
On August 28, the company filed its petition-not with a quivering hand, but with the steely resolve of one who wishes to fold digital assets into the ancient machinery of traditional finance. The third-party banks, those parasitic creatures, would become redundant. Fees throttled, settlement times chopped down, and operational labyrinths demystified-all with a hopeful federal seal of approval. Investors might then crowd in, emboldened as if by the altar’s blessing, legitimizing what some still whisper about in basements: crypto banking inside the American system itself.
Ah, the Bitcoin Exchange Supply Ratio on Binance-once a rather plump fellow-has sadly slimmed down to a dainty 0.029. Imagine counting coins, but discovering that many have sneakily slipped off the exchange to parts unknown, like mischievous children evading their chores. This measure, which tells us how many Bitcoins are just waiting to be swapped, has somehow become a ghost town as BTC flirted its way toward a staggering $117,000, only to be politely asked to step down slightly.
Yes, you read that right. Kevin Durant can touch his bitcoin again after almost ten years of digital exile. Meanwhile, BTC was busy skyrocketing, leaving many of us screaming into pillows. 💸
Pray, consider the advantages this affords the XRP holder! No longer must they part with their cherished assets to engage in the intricacies of borrowing, liquidity provision, or the pursuit of yield across the vast expanse of DeFi. A truly emancipating prospect, is it not? 🤑💼
Is it here yet? 🧐
Let’s take a closer look at this sensational rise, shall we?
Whale Spot Average Order Size showed accumulation, making $1.30 resistance the next decisive level for sustained recovery. Because who needs clarity when you can have a “maybe” level? 🤷♂️
The blockchain, that cold, unfeeling record keeper, whispers of these transactions: a chunk here, a chunk there – 3,247, 3,258, 4,494… each a slap in the face to those who toil for a single coin. They move these numbers around like pawns on a board, these masters of the universe.
The gentlemen of trade are observing the $0.2698 support and $0.2914 resistance levels with the keenest of eyes. Alas, over-leveraged short positions dominate, much like a room full of gossiping spinsters. 😏