Category: AI

Dogecoin’schartshowsanimpendinggoldencross,apotentialbullishindicatorfortraders. PastgoldencrossesinDogecoinhaveledtonotablepricesurges. Analystscautionthatwhileagoldencrosssignalspotentialgains,broadermarketfactorsmustbeconsidered. ThecurrentmarketchartofDogecoinalsopointsthattherecanbeatechnicaleventhappeningsoon.Expertshavenotedapossibilityofforminga‘goldencross’,apopularbullishsignal.Thisdevelopmenthasbeencloselyfollowedbyinvestorsandtradersforsignsofwellaboveaverageupwardmovementwhichhasbeenmirroredinapreviouscycle. UnderstandingtheGoldenCrossandHistoricalPatterns Agoldencrosshappenswhentheshorterperiodmovingaveragewhichisfiftycrossesthehigherperiodmovingaveragewhichistwohundred.Itisthereforedescribedwidelyas‘bullish’duetoitspotentialtosuggestthatthedirectionofflowmaybeturninginfavorofthebuyers.ThechartprovidedanindicationofagoldencrossinformationsimilartowhatfollowedbyasteeppriceincreaseinDogecoin. $DOGE Goldencrossisabouttohappenfolksasitsimilarlydidinthepreviouscycle. Aterrificgodcandleisabouttocomenext.https://t.co/gByBNpVU2Dpic.twitter.com/ZwM0tQ5QxS —Mikybull🐂Crypto(@MikybullCrypto)November3,2024 ThelastapparentgoldencrossatDOGE/USDconfirmedthefurthergroundsofpriceincrease.Thispatterntogetherwiththepriceconsolidationsabovesomesignificantresistancelevelshavebeeninstrumentalintheworkofanalyststodeterminethepossibilityofanupwarddirection.Thisisduetothethinkingthatcarriesforwardthetechnicalformationtendstogenerateinterestsincemoreofthesameisdeemedlikelytoproduceasimilarresultinthefuture. PotentialMarketReaction Peoplearealreadywatchingoutfora‘godcandle’–whichisanepicmoveinpricetypicallytriggeredbyatechnicalindicator.Agoldencrossformationalsosuggeststhatastockisunderaccumulationandonceitformsandsustains,youwillgethighervolumesandmorerapidstockprices.Thispotentialshiftcomesatatimewhenotheraspectsoftheoverallmarket,andpublicsentimentingeneral,regardingcryptocurrencieshavebeenchoppybutstillsteadfast. Whilesuchtechnicalindicationsasthegoldencrosscanoffersubstantialhelpininvesting,itiscrucialtohavemanyfactorsinmindandmanystrategiesinmindforsucceedingintheever-changinglandscapeofthemarketandthefutureofDogecoin. cryptonewsland.com

Maker(MKR)pricehasbeendecliningwithinafallingchannelpatternandwasedgingclosertotriggeringabullishreversal.IthascompleteditsElliottsecondbearishwaveandispoisedtoformathirdrisingwave.Thatcouldtriggera20%surgeahead. TheEMAlinesarestillinabearishalignment,thoughabullishcrossovermaybeonthehorizon.Ifbuyingpressurestrengthens,theMakerpricecouldbreakthroughthecrucialresistanceof$1280inthecomingsessions. Therecentreboundfromthe$1000markgiveshopeamongthemarketparticipants.TheyanticipatethattheMKRcryptomaybreachthedecliningtrendlineof$1200.However,ithasstruggledtosustainitselfbeyondthe20-dayEMAmark. -Advertisement- MarketAnalystsSpeakOut:Here’sTheirTake Amidsttheongoingdowntrend,cryptoanalystswereguidingabullishoutlook.Theysuggestedatrendreversalahead.AnalystAliMartinezrecentlypostedatweetonX,sayingthattheTomDemark(TD)sequentialindicatorflashedabuysignal. TheTDSequentialjustflashedabuysignalonthe#Maker$MKR3-daychart!RSIisinoversoldterritory,StochRSIshowsabullishcrossover,andtheMACDisonthevergeofturningbullish.pic.twitter.com/MTyypqZ38F —Ali(@ali_charts)October28,2024 TheStochRSIshowedabullishcrossover,andtheMACDindicatorwasonthevergeofturningbullish.ConsideringtheTDsequentialbuysignal,Makercryptoreboundedfromthechannel’slowerterritory.Thetokenmayretesttheupperendofthechannel. Likewise,AltCryptoTalkisalsobullish.HementionedinhispostthattheMKRcryptotooksupportnearthelowerendofthedescendingchannel.Itmaygotoward$1250closetotheupperendofthechannel. $MKR–@MakerDAO TheDifferenceMaker!😎 The$1,000supportlevelalignswiththelowerboundofthedescendingorangechannel. Forabullishshiftinmomentum,abreakabovetheupperredtrendlineandtherecentmajorhighat$1,250isrequired.🚀 Fullanalysisofthe…pic.twitter.com/PEs7FqRgA9 —AltCryptoTalk(@AltCryptoTalk)November1,2024 TheMakerpricehasretestedthe23.6%supportzonepertheFibretracementlevels.Itcangotowardthe38.2%supportzone. Maker’sSharpeRatiorevertedfromthenegativeregion.Itwasinchingclosertothezeroline.BuyingMakercryptoatcurrentpricelevelsoffersabetterrisk-to-rewardratiotocapturesignificantgainsintheupcomingsessions. SharpeRatio|Source:Messari TheSharpeRatiowascurrentlynotedaround-3.42.Thathighlightedanongoingbearishtrend. MKRPricePrediction:IsaTrendReversalImminent? Makerpricepredictionhighlightedthatthealtcoinhasdoneitscorrectionphase.Itwitnessedabouncefromtheoversoldregion.Recently,thebullshaveattemptedtocrossthe20-dayEMAmarkforabullishbreakthrough. Acloserlookatthedailytimeframedeterminesthebullishreversal.However,acloseabovethe20-dayEMAwouldconfirmthereversal.TheMakerpricewastradingat$1186.90.Itnotedanintradaydeclineofover2.74%. Onthebullishside,thepriceactionreversedthelowertrendlinesupport.TheRelativeStrengthIndex(RSI)linewasstillbelowthemidlineregion,42atpresstime. Meanwhile,theChaikinMoneyFlow(CMF)readingwasstillbelowthezeroline.Thismeantsignificantliquidityexitfromthemarket. MKRPriceChart|Source:TradingView Meanwhile,theOpenInterest(OI)hasdroppedover4.30%to$84.95Million.Itdepictedalong,unwindingmoveoverthepast24hours.TheimmediatesupportzonesforMKRwere$1120and$1100.Ontheotherhand,theupsidebarrierswere$1220and$1280. thecoinrepublic.com

Ethereum’srecentpricemovementsrevealastrongsellerpresence,particularlyaroundthecriticalresistanceregionatthe100-daymovingaverage. Thispriceactionsuggestsincreaseddownwardpressure,withacorrectiveconsolidationexpectedinthenearterm. TechnicalAnalysis ByShayan TheDailyChart Ethereumrecentlyencounteredheightenedsellingactivityatthe$2.6Kresistancearea,alignedwiththe100-daymovingaverage.Thisledtoarejection,pushingtheassetbacktowardthedynamicsupportatthechannel’smiddletrendlinenear$2.3K.Thepresenceofsellersatthisresistancezonesuggestsitremainsasignificantbarrierforbuyers,atleastforthemiddleterm. Currently,ETHistradingwithinaconfinedrangebetweenthechannel’smiddlesupportboundaryandthe100-daymovingaverage.Anewuptrendcouldbeunderwayifthepricesuccessfullybreaksabovethe100-dayMAandconfirmsapullback. Inthisscenario,Ethereum’stargetswouldbethe200-dayMAat$2.9Kandthechannel’supperboundarynear$2.8K.However,ifsellingpressureintensifiesandETHbreaksbelow$2.3K,itmayrevisitthe$2.1Ksupport,likelyleadingtofurtherretracements. The4-HourChart Onthe4-hourchart,Ethereum’srecentsurgemetsignificantsellingpressurearoundtheresistancezonebetweenthe0.5and0.618Fibonaccilevels($2.6K-$2.8K).Thisareahasservedasastrongbarrier,indicatingasupplyconcentration.Ashifttowardabullishtrendwilldependonpriceactionaroundthiszoneandaconfirmedbreakout. Currently,Ethereumisholdingnearthelowerboundaryoftheflagat$2.4K.Abreakbelowthissupportcouldtriggeraliquidationcascade,potentiallydrivingthepricetoward$2.1K.However,themorelikelyscenarioinvolvesaconsolidationphasearoundthissupportlevel,withETHpotentiallyreboundingtowardthe0.5Fibonaccileveluntiladecisivebreakoutoccurs. OnchainAnalysis ByShayan Ethereum’spricehasbeenconsolidatingwithinanarrowrange,signalingmarketindecision.However,futuresmarketinsightsrevealthatabreakoutcouldleadtoasubstantialliquidationevent,likelyamplifyingtheprevailingtrend. Basedonthechart,liquidityhasconcentratedbelowthe$2.4Klevel,suggestingthispricerangemaybepivotalintheshortterm.Significantliquiditypoolsbelow$2.4Kindicatethatadownwardbreakoutcouldattractmoresellersandtriggerlongbuyerstoclosetheirpositions,intensifyingthebearishmomentum. Thisscenarioraisesthepossibilityofalongsqueeze,whereacascadeofliquidationscoulddriveEthereum’spricedowntothe$2.1Ksupportlevel.Forsellers,theareabelow$2.4Kisanattractivethresholdforloweringprices.Conversely,itrepresentsacrucialdefenselineforbuyers,whoseactionsnearthislevelwillbecriticalfordeterminingthebroadermarkettrend. IfETHbreaksbelow$2.4K,itcouldquicklydroptoward$2.1Kduetothecascadingeffectoflongliquidations.Alternatively,intensebuyingpressureatornear$2.4Kcouldhelpstabilizetheprice,potentiallyavertingfurtherdeclines. Ultimately,Ethereum’spriceactionnearthe$2.4Kthresholdwillbedecisivefortheshort-termtrend,andanymovementbeyondthisrangecouldsignalamoredecisivedirectionalshift. cryptopotato.com

Solana(SOL)iscurrentlytradingatacrucialdemandlevelnear$163,followingaretracefromlocalhighsaround$183.ThispriceisacriticalsupportareathatcoulddeterminethedirectionofSOL’supcomingpriceaction.Losingthislevelcouldsignaladeepercorrection,whichwouldintensifysellingpressureandpotentiallypushSOLtoretestlowersupportlevels. However,topanalystDaansharedatechnicalanalysissuggestingthatifSOLcanholdthis“greenzone”around$160,itcouldpavethewayforarebound.Daannotesthatinthemostoptimisticscenario,SOLcouldholdthissupportandstartagradualclimb,ultimatelyaimingtotestthedowntrendlinethathaskeptitincheck.ThissetupwouldkeepSOL’sbullishstructureintact,creatingapotentialentrypointforinvestorseyeingabounce. WiththebroadercryptomarketshowingvolatilityandSolanafacingthispivotallevel,thenextfewdayswillbecrucial.Tradersandinvestorsarecloselywatchingtoseeifthisdemandzonecansupportareversal,potentiallyleadingSOLbacktowardrecenthighs. SolanaHoldingStrongDespiteUncertainty Solana(SOL)hasmanagedtoholdabovethekeysupportlevelaround$160,despitetherecentmarketvolatilityanduncertainty.ThisleveliscrucialforSOL’spricestructure,asit’sastrongdemandzonethatcouldactasafoundationforthenextupwardmove. CryptoanalystDaanrecentlysharedhisperspectiveonX,revealingthatSOL’s“mostbullishcase”wouldbeforittoholdthis“greenzone”around$160,allowingittograduallygrindbackuptowardthedescendingtrendlinethathascappedrecentgains. InDaan’sview,thenextattemptatthistrendlinecouldlikelyresultinasuccessfulbreakout,withthepotentialtopushSOL’spriceabove$200.Hesuggeststhatwaitingforconfirmationofthisbreakoutcouldbeasoundstrategyforcautiousinvestors,asthereisstillampleroomforupsideevenafteraconfirmedreversal.HisanalysishighlightsaconfidentoutlookonSOL’spotentialrecovery,seeingthisaccumulationzoneasapromisingbuyingopportunity. However,Daanalsoacknowledgesthatthere’sstilladegreeofdownsiderisk.IfSOLfailstoholdabovethis$160level,adeepercorrectioncouldfollow,potentiallydrivingSOLtotestlowersupportlevels. Fornow,themarketwillwatchthissupportlevelcloselyasacriticalindicatorofSOL’sshort-termtrend.Holdingaboveitwouldsignalstrengthandopenthedoorforapotentialrally,whileabreakdowncouldleadtoamoreextendedbearishphase.Astheoverallmarketsentimentremainsmixed,Solana’snextmoveswillbecriticalfortradersandinvestorsalike. SOLPriceAction Solanaiscurrentlytradingat$163aftertaggingthe4-hour200exponentialmovingaverage(EMA),acriticalindicatorofshort-termstrength.HoldingabovethisEMAsignalsabullishoutlookforSOL,suggestingthatbuyersaresteppingintosupportthepriceatthislevel.IfSOLcanmaintainmomentumabovethe200EMA,itcouldbuildafoundationforapotentialrallytonewlocalhighs,possiblychallengingtherecentpeakaround$183. However,the$160levelremainsacrucialsupportarea.Losingthissupportwouldlikelytriggersignificantsellingpressure,potentiallydrivingSOLdowntothe$150range,wherefurtherdemandmayemerge.Thiszonewouldbecloselywatchedbyinvestorslookingforpotentialaccumulationopportunities,asadipcouldprovidefavorableentrypointsforlong-termholders. Incontrast,astrongpushabovethecurrentdemandlevelwouldconfirmrenewedbullishmomentum,pavingthewayforSOLtotargetandpossiblysurpassrecenthighs.AsSOLhoversaroundthiskeytechnicalzone,traderswillbewatchingforanydecisivemovementthatcouldsignalthenextdirection,whetheritbeacontinueduptrendoraretracementtolowerdemandlevels. FeaturedimagefromDall-E,chartfromTradingView newsbtc.com

Thecryptocurrencyworldwasexcitedwiththeexpectationofanewall-timehighpricerecordafterBitcoinroseabove$73,000thisweek.However,therecorddidnotcomeandBTCexperiencedsomedeclinefromitspeak.Inaddition,assetsonthealtcoinsidedidnotliveuptoexpectations. However,manyaltcoineventsandeconomicdevelopmentsthatwillaffectthecryptocurrencyworldareexpectedinthenewweek. HereisthecryptocurrencycalendarwehavepreparedspeciallyforyouasBitcoinsistemi.com. (AlltimesarestatedasUTC+3Türkiyetime) Monday,November4th SingaporeDigitalAssetsWeek SCR–OKXlistsSCR. SKY–VotingbeginstoconverttheSKYbrandtotheformerMakerDAObrand. Tuesday,November5th USPresidentialElections TIA–GingerupdatewillbemadeonTestnet. PUPS–DeadlineforTokenSwap. Wednesday,November6 SingaporeFintechFestival Thursday,November7th ThefirstmeetingofthecryptocurrencycommitteewillbeheldinSouthKorea. KP3RandUNFI–WillbedelistedbyBinance. MILE–WillbelistedbyBybit. 15:00–UKtoannounceinterestratedecision.(Expectationisfora25basispointcut) 16:30–USInitialJoblessClaims(Expected:220k,Previous:216k) 22:00–FEDInterestRateDecision(Expectationisfora25basispointreduction) 22:30–FEDChairmanJeromePowell’sPressConference Friday,November8th DESO–WillbedelistedbyCoinbase. ReviewofChina\'s$1.4trillionfiscalpackage. *Thisisnotinvestmentadvice. en.bitcoinsistemi.com

MANTRA(OM)pricehasretestedthe50-dayEMAmarkandwasatitspivotaljuncture.Recently,thealtcoinhitafreshall-timehighof$1.62andhasretracedover15%. Currently,thepositioningoftheMANTRAtokenhighlightedabullishbiasasitstaysabovethe61.8%Fibonacciretracementlevel.ThetokenremainedneartheupperBollingerband. TheabilityoftheOMpricetobreaktherecentATHwouldsignalasignificantshiftinitsmarkettrajectory.Thiscouldindicateafurtherbullishcontinuationtocapturethe$2markahead. -Advertisement- Thepriceretracementcomesasitsdailytradingvolumedeclinedover40%.Thathintedatalackofsellerinterest.Recently,MANTRAcryptohaslauncheditsmainnet.Itaimstobringreal-worldassets(RWAs)on-chain,makingasignificantstepinblockchaintechnology. Despitethemainnetlaunch,theOMtoken’spriceremainedflatataround$1.37.Itnotedanintradaypricedeclineofover2.19%andaweeklysurgeofover7.39%. OMPriceAnalysis:IsaSurgeToward$2MarkNext? ThetechnicalanalysisofOMcryptointhedailytimeframerevealedamixedcue.IftheOMpriceexceeds$1.50,thereisalikelihoodofasignificantupwardmovementtowardthe$2mark. Ithasretestedthe50-dayEMAmarkandaimsforarebound.Ithascontinuedtosurgewithintherisingwedgeformationforthepastfewweeks.Theshort-termbullishtrendwasintact.Also,areboundfromthe$1.30markislikely. OMPriceChart|Source:TradingView TheRelativeStrengthIndex(RSI)curvewasclosetothemidlineregion,around47.ItmirrorsaconvergenceofthesignallinewiththeRSIline.Itresembledindecisivenessamongthemarketparticipants. Afteramassivepricerallyofover80%inthelastthreemonths,aminorprofitbookingatthehigherlevelswasusual.However,thebullarmymaintainedtheirupperhandandeyestocatchthe$2markahead. MANTRABrightOutlook:AnalystWeighsinonFavorableFactors InarecenttweetonX,ImZiaulHaquehighlightedmultiplepositivefactorsabouttheOMprice.ThecurrentpositioningofOMinRealWorldAsset(RWA)isconsiderable.WithaTotalValueLocked(TVL)of$5.95Billion,expertsweighabullishoutlook. MANTRA $OM: The RWA That Gave +7000% Return! Experts project that the RWA sector could reach…

SouthKorea’slargestcryptocurrencyexchangeUpbithasrecordeddramaticincreasesintradingvolumesforseveralaltcoins. Thesenotableincreasesobservedontheone-hourandfour-hourtradingchartsindicatehighactivity,whichcontrastswithtrendsonglobalplatformslikeBinance. OneofthenotablemoveswasseenonBeam(BEAM).Onitsfour-hourchart,BEAM’stradingvolumeonUpbitskyrocketedto$63million,a212.77%increasefromits50-periodaverageof$20million.However,thepicturewasquitedifferentonBinance,whereBEAM’svolumedroppedby39.80%fromanaverageof$6millionto$4million. AnothertokenthatcaughtourattentionwasLayerZero(ZRO).Ontheone-hourchart,ZROsawanexplosive365.80%increaseonUpbit,withtradingvolumesreaching$190,000comparedtoanaverageof$41,000.Binancesawamoremodest45.63%increase,withvolumesrisingfrom$97,000to$141,000. BounceToken(AUCTION)alsosawasignificantincreaseintradingvolumeonUpbit,rising246.49%fromanaverageof$3,000to$11,000ontheone-hourchart.Again,themovementonBinancedifferedsignificantlywitha56.76%decreaseinvolume,fallingfromanaverageof$4,000tojust$2,000. ThetaFuel(TFUEL)followedatrendofsignificantvolumeincreasesonUpbit,rising339.14%inaone-hourperiod,fromanaverageof$418,000to$2million.OnBinance,volumeslightlydecreased,dropping3.38%to$471,000fromanaverageof$488,000. StargateFinance(STG)contributedtothispatternwitha165.54%increaseintradingvolumeonUpbit,risingfrom$137,000to$363,000inaone-hourtimeframe.Meanwhile,Binancesawa19.60%drop,withSTGvolumesfallingfrom$175,000to$140,000. *Thisisnotinvestmentadvice. en.bitcoinsistemi.com

Blockchaininfrastructurehasevolvedtoencompassanecosystemoflayer-1andlayer-2networks. Inthisarticlewe’llexplorethedifferencebetweenthetwo,andhowlayer-2networksandotherscalingmethodslikesidechainsattempttoaddressthescalabilitychallengesoflayer-1blockchains. Whatarelayer-2networks? Simplyput,layer-2networksareblockchainnetworksthatliveatopalayer-1networksuchasEthereum,withthelayer-1networkprovidingthebaselayerofinfrastructureandsecurityfornetworksbuildingonit,validatingtransactionsandachievingconsensus. Thelayer-2networksuseavarietyoftechnologiestoaddressscalabilitybottlenecksonthelayer-1blockchain,whicharecausedbythroughputandtransactioncosts. Ethereum,forexample,currentlyhandlesaround14transactionspersecond(TPS),perblockchainexplorerEtherscan.Visa,bycomparison,processesaround65,000transactionspersecond. Scalabilityissuesaremostpronouncedduringperiodsofhighnetworkactivity,whenblockchainnetworksfaceincreasedtransactionfees(alsoknownasgasfees),alongwithnetworkcongestionandreducedtransactiontimes. In2017,EthereumcreatorVitalikButerinidentifiedthe“scalabilitytrilemma”forblockchains,arguingthattheyfacethechallengeofprocessingthousandsoftransactionspersecondwhileremainingsecureandadheringtotheethosofbeingdecentralized,thatis,runwithouttheneedforcentralizedcontrol. The\"scalabilitytrilemma.\" Thetheory,importedfromcomputerscience,isthatanetworkcanonlyeverfocusontwooftheseprinciplesbymakingconcessionsattheexpenseofthethird. Ethereum’ssolutiontotheproblemofscalabilityistofocusonmakingitsownlayer-1blockchainnetworkassecureanddecentralizedaspossible,whileoutsourcingscalingtolayer-2networksbuiltatopitsinfrastructure. Howdoscalingnetworkswork? Scalingnetworksdeployavarietyofdifferentsolutionstohelpaddressthescalabilitychallengesofthelayer-1network. Thesenetworksincludebundlingtransactionsorprocessingtransactionsoff-chain,usingsidechainsorlayer-2rollups. Sidechains Sidechainsareblockchainsthatrunindependentlyofthelayer-1chain,withtheirownconsensusmechanismandtoken. Theyconnecttothelayer-1blockchainbymeansofabridge,whichusesasmartcontractto“lock”assetsfromthelayer-1chainandmintamirrorimageofthosetokensonthesidechain,withthevalueofthosetokenspeggedtothelockedasset. Thesemirroredtokensarethenusedtoperformtransactions,afterwhichtheycanbedestroyed,releasingthelockedtokensonthelayer-1chain. Rollups Rollupstakeadifferentapproach,byrollingup(hencethename)multipletransactions,presentingthemtothelayer-1blockchainasasingletransactionthatcanbeprocessedmuchmorequicklythantheindividualtransactions. Therearetwomaintypesofrollups:optimisticrollupsandzero-knowledge(zk)rollups. Optimisticrollupsassumethatalloftherolled-updataisvalid,allowingpeopletocontesttransactionsafterthefacttodeterminewhetherthey’relegitimateornot.Thecontestedtransactionissubmitteddirectlytothelayer-1networktosettlethedispute,withbothpartiesstandingtolosestakedtokensshouldtheybeprovedwrong. Zero-knowledgerollupsemployzero-knowledgeproofs,acryptographictechniquethatcanbeusedtoprovethatsomethingisknownwithoutrevealingtheknowninformationdirectly.Transactionsarerolledupintobatchesthatareexecutedoff-chain,withthecompletedbatchsubmittedtothelayer-1chainusingazk-proofthatdemonstratestheproposedstatechangesarecorrect. Ethereumscalersyouneedtoknow Thereareanumberofdifferentlayer-2andsidechainnetworksbuildingatoporalongsideEthereum,eachwiththeirownpreferredtechnologicalsolutiontoscalethelayer-1.PerCoinGeckodata,thefollowingarethelargestEthereumchainsbytotalvaluelocked(TVL),asofNovember2024. Base IncubatedbycryptoexchangeCoinbase,BaseisbuiltatopEthereumscalingsolutionOptimism.Itquicklyestablisheditselfasaleadingplayerinthelayer-2spacefollowingitslaunchinAugust2023,surgingtooveronemillionaddressesinjust11days.AccordingtoCoinbaseCEOBrianArmstrong,theexchangehasnoplanstolaunchatokenforBase,andisattemptingtomakeBase“somethingthat’smuchbroader”thanaCoinbase-ledproject. Arbitrum CreatedbyOffchainLabs,ArbitrumleveragesoptimisticrollupstoscaleEthereum,withaclaimed40,000tpsversusEthereum’smorestately14tps.InMarch2023,ArbitrumlauncheditsnativeARBtokenforgovernance,handingcontroloftheprojectovertoadecentralizedautonomousorganization(DAO)madeupofcommunitymembers. Polygon…

ThecryptocurrencymarketisgearingupforamassivebullrunamidpositiveanticipationoftheU.S.presidentialelectionresult.Thebullishscenariocouldbesuitableforhigh-performingassetslikeTONtoreplenishtherecoverymomentum.HerearethreebullishchartshintingataprolongeduptrendfortheToncoinprice.

Globalblockchaininteresthasplummetedby58%inthreeyears,withindustryattentionincreasinglyshiftingtowardAIadvancements.AccordingtodatafromGoogleTrends,blockchaininteresthassettledat30,downfrom71onNovember3,2021,whileAIinteresthassurgedbymorethan560%overthesameperiod. Nigerialeadsblockchainwebsearchlevels AccordingtoGoogleTrends,theterm‘blockchain’wassearchedthemostfromFebruary14toFebruary20,2021,witha100scoreinthelast5years.However,sincethenitsinterestlevelshavedroppedstarkly.OnNovember3,2021,blockchaininterestslumpedto71,andcurrently,websearchlevelsaredowntoonly30,markinga58%fallinjustthreeyears. AsofNovember3,Nigeriahadthehighestinterestinblockchaintechnologyregion-wise,at100.FollowingitareSt.HelenaandGhana,boasting60and45searchlevelsonthebrowser,respectively.CameroonandChinamakeuptheremainingtopfivecountrieswithhighblockchaininterestlevels,withscoresof40and35,respectively. WhileblockchaintechnologysearchesmayhavebeentiedtoBTCpricecorrelations,thepersistingtrendsshowotherwise.Thisyear,thehighestblockchainwebsearchlevelswereat58,achievedfromMarch3toMarch9,2024,whentheBTCpricewas$73000. However,GoogleTrendsshowsthatwebsearchesonBitcoinhavebeenonadownturndespiteitsbullishpricerallyinrecentweeks.OnAugust3,2024,Bitcoininterestlevelswereonlyat62,andthisfiguresoonplummeteddrasticallyto34onNovember3,culminatingina45%dropinjustthreemonths. GlobalAIinterestspikesinNovember2024 AsofNovember2,2024,AIwebsearchhadspikedto99,risingby52%year-on-yearand560%inthelastthreeyears,andthisfigurehassurgedslightlyto100today. Source:GoogleTrends VietnamandChinaaretheleadingcountrieswithhighinterestinAIlevels,withscoresof100and73,respectively.Romania,Italy,andMyanmartrailthem,withscoresof60,52,and50,respectively. Additionally,AInewssearchlevelswereat83pointsasofNovember2;however,thisfiguredroppedto62byNovember3,2024,a25%fallinjustoneday. cryptopolitan.com