Monday, May 24, 2021

DIP HAPPENS.... ...And when it does, be confident in weathering the storm with a crypto project/team/community that was built to withstand the Dipstorms: #CreamPYE - a hot new crypto token with a purpose and future! 🔥

Like many of you I found myself checking my portfolio balance many times a day during the recent dip event.... or what the “establishment” kept telling me was “crypto industry crashing. Everywhere I turned on social and mainstream media there was FUD being dropped and shade being thrown towards the crypto community:

“Bull run over!” “Bitcoin is done.” “Crypto is no longer viable...” “Cash out now!” “Major institutions are backing out” “Holders are selling bitcoin” “Bitcoin is tied to everything” “Whales are dumping” On and on and on...

Through all of the “noise” I stood strong on my crypto investments - knowing that my money was invested in solid projects that are built for long term success - especially CREAMPYE.

CreamPYE isn’t your typical crypto currency, and I love that. It’s a project/company with a solid team and product/s: experienced and transparent to a level that most crypto’s and BSC smart Chain project have achieved. The CreamPYE team is developing an ecosystem in crypto that is going to disrupt the space and change the future for the better.

The name may catch your attention... and If you go to their website CREAMPYE.com you’ll see that #CreamPYE (Or $PYE) is the real deal Holyfield - check the white paper, check the road map, check the plans for the future and you’ll be amazed at how much commitment and passion has gone into what I think is crypto’s sleeping giant.

The project launched publicly in April and has steadily grown in a positive direction, I am attracted to the fact that this token/coin hasn’t grown like meme coins or pump and dump campaigns of other recent crypto currencies - instead, the team has taken a conservative approach of “under promise and over deliver” to ensure milestones and met and objectives are competed before tooting the horn and ringing the bells. They keep the community update every step of the way with three weekly AMA’s on twitch/YouTube. With everything moving along on the way it is, I feel like CreamPYE has a swagger of a true winner - not worried about our-shining the competition and letting the project speak for itself.... while the community steps in to share the good news :)

Speaking of community- you won’t find many out there as creative and supportive of the CreamPYE community... in fact many of the recent additions to the CreamPYE staff are community members who believe so much in the future of CreamPYE and crypto that they’ve found their calling in getting on board.

There is so much to be confident about with CreamPYE that when the dips happen I don’t flinch when it comes to my $PYE investment... In fact, to be honest, my only heartache was not being able to invest more when the price was “on sale” lol

All in all - thank you for checking out my post - if you’re still here I want to invite you to join the CreamPYE community here on Reddit, and also on Telegram, Twitter, INSTAGRAM, and other social platforms.

If you already hold PYE drop an upvote/comment and let’s continue to be positive and enjoy our favorite crypto project together!

To meet the team and Learn more at CreamPYE.com - and consider adding more confidence to your portfolio with #CreamPYE and be ready for the next time that “DIP HAPPENS”


Where could I share my opinion of Elon Musk?

I can take himout of my head and I need to rant, after all the bitcoin related events and how people have killed themselves for loosing their investments in the past, he fell out of the pedestal where I will never be able to look at him the same way I did, but I don't want a circle jerk with the everyone hates elon club, while the r/rant was a racist/incel safe heaven last time I checked, I want to vent but I also want discussion, not just a place to hate something.


Litecoin crash from a TA perspective in relation to Bitcoin

Hope everyone had a wonderful weekend. I want to try to explain the most recent drop using TA and hope it helps anyone who is looking at learning this stuff. I don't usually post my TA but since this was such a huge event it's nice to have a discussion about this stuff. Sorry it can't be concise since there's so much going on and details help those that are interested in learning. So here goes...

First off, to be clear, the momentum was already in place for Bitcoin to drop hard well before the bad news started to come out. I believe the news merely put in place the worst case scenario and accelerated the drop. Anyone can speculate if a combination of whale movements and manipulation also helped push it down whether it be in the form of news, tweets, or sell/buy walls. This post isn't to cover that. I also won't cover the psychology of the market here but it was very reminiscent of the peak euphoria I've seen in Btc and alts in both 2013 and 2017.

Moving on. Ltc and Btc are intrinsically connected and have been since 2013. You cannot trade Ltc without having an idea where Btc is heading. So, Btc first.

Btcusd 3d

When Btc on the 3d chart above broke out of the 42k zone this was the start of wave 5 (if you believe in Elliot). However, the push was not overly strong. It started ranging while forming an absolutely massive rising wedge that, anyone following Elliot knows, is a sign of a possible top. During this wedge formation we saw a bearish RSI divergence as seen with higher highs in the price but lower highs on RSI.

Btc 12hr

Zooming in on the 12hr above. RSI was forming a resistance area and we can see that when Btc broke 62k, RSI broke up too. But, Btc immediately turned back down and RSI broke back down as well on April 16 (this is important for LTC). This was the first sign that the wedge could breakdown which it finally did a day later on April 17. We then got a throwback in both price and RSI peaking on May 9 on the 3d. This was the critical moment for BTC and for any trader the best place to sell.

Ltcbtc 1w

Ltcusd 3d

Moving onto Ltc since that is what really matters. Everyone probably remembers that 2 year Ltcbtc trend line break up, it was all everyone was talking about. Well that trend broke up with force on, you guessed it, April 16. On that break Ltcbtc was clearly strong but since Btcusd was dropping from the wedge then Ltcusd would drop too. If you go back to Btcusd on the 12hr this was a great place to sell Ltc.

This was the moment something wasn't right across the market though. Btc was weak but Ltc was strong as seen on Ltcbtc. There has never not been a RSI throwback in Btc. So one can suspect we should get a bounce and the next is an entry into Ltc due to the strength seen there. A good entry is the lower trend on Ltcusd.

On the Btc throwback, Ltc finally made its move (and it was long overdue). Ltcusd broke up strong and above it's rising trend line it had been forming over the last several months. However, Ltcbtc had a much stronger resistance zone that would hold Ltcusd back. There is a massive 3 year trend to break that no body has been talking about. At the time, it sat at exactly 0.007 which coincidentally also had been massive support in 2018 and 2019. Ltcbtc grazed exactly 0.007. But due to the weakness in Btc, and with Ltcbtc hitting resistance, coupled with the breakdown of the Ltcusd trend line, we had the signal we needed to move to cash soon. And that my friends, happened on May 9. Just like Btc, Ltc also had a throwback in both price and RSI that turned out to be an excellent exit point.

Now we wait. The RSI throwback was complete, Btc was showing a lot of weakness, hell even the laggy MACD had been red for a couple months already. Btc was due for the downturn and that meant Ltc was going down with it.

Btcusd 2hr

All eyes on Btc again for this one on the 2hr above. Think of every support line like the legs of a chair, the more it attacks the legs, the more likely it is to fall down. 46k was first support but it had been tested before on the 3d and was likely to break down.

42k was the first real support area as seen on the 3d as it was the January top and I don't think this was a surprise for anyone. Ltcusd was holding above that lower trend line and Ltcbtc was holding strong (it even shot above 0.007 briefly). This Btc and Ltc move wasn't a surprise and a good support area. I thought maybe Ltc could break 0.0007 but with Btc being bearish it didn't make sense to move to Ltc at this time. Then Btc hit 42k three times and it was ready to fall. I've always suspected we had to test the 38k support zone to wash out the buyers from the Tesla pump. And maybe overshoot it a bit into the 36k zone putting Ltcusd into the 240 area at the bottom of that lower trendline on the 3d. But then I saw this....

Btcusd Shorts

We were in for something big when shorts went up 3x on May 17. Btc was going to drop hard. What nobody could predict was how fast this went or how deep it went. This was so much like the March 2020 drop though. 29k to 30k was the next support and boy did we get there fast. As a hard rule, when Btc drops hard, alts get demolished and boy did Ltc get destroyed. All those open shorts closed too.

As Btc consolidated, alts did exactly what they always do after they get smashed... they bleed out. Ltc went and bounced off the upper 150 support area. But the more it hit it the more likely it was to break down too. Last line of defense was 120 which also happens to be the 78.6 fib line as seen on the 3d (March 2020 drop was an anomaly in a lot of ways and I prefer 40 Ltcusd as a starting point but this could be debated).

If you look back at the 2hr Btcusd chart above we had a bullish divergence and an excellent entry point. Ltc was a better choice over Btc since Ltcbtc bounced beautifully off that trend line that everyone was talking about a month ago. Btcusd 3d chart finally hit 30 RSI and any shorter timeframe we were very oversold, alts even more so.

So there it is, the crash explained from a TA standpoint. Could we go lower? Sure we could. Btc is full of surprises.

As a final point, you're probably wondering where we could go. I'm long Ltc and my bags are packed. As long as Ltcbtc stays strong then Ltc is the play. If that shows weakness then I'll likely exit. My bet is Btc either relentlessly recovers upwards or it forms some kind of upper trend line/triangle that breaks upwards. If would be very unusual for Btc not to test the 78.6 fib around 57k or at the very least the 61.8 fib at 51k, after a 40% drop. That area is a very heavy zone for the last several months. That puts Ltc around 255 to 295 which works out to the 50 to 61.8 fib (Ltc always likes to stay 1 fib line under Btc). If we're headed for a bear market that would be the place to reverse back down. But I also don't think we are done the bull market just yet. Time will tell. For now let's wait for something magical when Ltcbtc breaks up of that last final trend line. Then chikun can finally flap its wings.

For fun here's my trades. I dollar average out and in so these are averages and the dates I make the calls..

Sell Ltc at 310 on April 17.

Buy Ltc at 230 on April 24.

Sell Ltc at 375 on May 12.

Buy Ltc at 150 on May 23.

Also put 50k on a 10x leveraged long at 122 as a fun risky play (that was a rush at the time).


Bitcoin address activity appear to mirror GME price movements

I am but a simple primate with a brain not too dissimilar in structure to a pebble you might use to skip into the ruddy waters of a small creek you grew up next to.

What follows is highly likely to be nothing more than evidence of my early onset dementia and it is certainly not any kind of advice, but I felt compelled to share it in the event it is a useful puzzle piece to anyone whose has been wondering about a possible relationship between hedge funds and crypto holdings, the sort that have been circling the rumor mill lately.

I stumbled upon u/itsblockchain's post about a particular BTC address and, on a whim, decided to have a little look-see. A few hours later, here's what I know:

The collosal whale in question has mostly been in BTC accumulation mode only since early-2019 with its tidy initial investment of some $4 million. The whale has the unique distinction of selling their crypto (now valued at $4 billion) at points that appear to coincide with the price action of large GME movements over the last 4 months. I've been trying to map everything to lineup with options expiries, buys, etc., but it's absolutely too much for my velvety-smooth frontal lobes. More on that in the conclusion.

Before I share these screen grabs, it's worth noting that what makes this address so special is that these are the only times they sell from January onward this year. Another interesting point is that virtually all of their sell-off events are in multiples of 1500BTC lots. (This last point may just make for easy accounting since the underlying value has changed so much, but feels worth pointing out).

Okay, onto the data:

  • On January 11th, GME begins its ascent from $19.94 to a high of $347.51 on January 27th. Our whale sells three lots of 1500BTC, totaling $144,194,982.18.

Jan 11 sell-offs.

  • On January 28th, GME drops to $193.60. Our whale sells two lots of 1500BTC, totaling $97,863,593.77.

Jan 28th sell-offs.

  • On January 29th, GME rockets back to $325. At the same time, our illustrious whale appears to have taken a liking to krill-flavored, gold-plated, gourmet FunyunsR and promptly liquidates a whopping $336,754,682.47 of BTC in 3 lots.

Jan 29th sell-offs. Probably a coincidence.

  • By February 4th, GME has come down to $53.50, then rises to $63.77 and falls again to $60 over a 4-day period that resembles what professional investors call a "nipple". The whale liquidates $121,945,686.75 over the same period.

Early February sell-offs.

What follows are 3 more sales of BTC, all in the same 1500BTC lots:

  • April 11th and 13th - 3000 BTC worth $183,717,827.45.

Yawn.

  • May 4th and 6th - 3000 BTC worth $167,099,254.90.

Nothing to see here.

  • May 8th - 3000 BTC worth $175,510,763.61.

Surely not related to liquidity issues.

To be completely fair, it's worth pointing out that correlation does not equal causation. We don't know who this account belongs to other than that they are:

  • an entity that has been fortunate enough to funnel hundreds of millions, nay billions in crypto in 2 years,
  • that they pretty much only accumulate, but
  • when they do spend, it's for who knows what that just so happens to coordinate with massive price movements in a totally random stock.
  • Also, their selloffs correlate inversely to in-progress or the beginnings of BTC price rallies which would be the worst time to sell off unless you absolutely needed to.
    • Jan 27th - BTC begins rising from its low of $30,432.55 to $57,539.95 on Feb. 21st.
    • April 11th - BTC is in the middle of another of its attempts to reach its zenith that comes at $63,503.46 on April 13th.
    • May 4th - BTC goes from $53,333.54 to $58,803.78 on May 8th.
  • Also, that their timing is impeccable. In the last two cases, they are able to time the high for the period after which are massive declines in BTC price, the latter of which has not yet been recovered from. This seems to indicate cutting edge Market Whisperer-like abilities of the sorts that are available to those at investment banks.

To wrap this up, I want to reiterate that I wrote this because both our sub and crypto's are beginning to speculate on the relationship between the two. What we can and can't say is important and worth pointing out.

At this point, what I think we need, barring access to some government-grade analysis tools like Elliptic.co, is a way to analyze the blockchain a bit better. It would be helpful if we could, for example, compare similar addresses that only have spending dates that correlate with price movement of a particular publicly available stock as this one does in our simple illustration. This would bypass address and routing obfuscation often used by exchanges and stablecoins and allow us to make some best guesses without having to actually care about specifically naming names at this point.

It's also worth trying to figure out what the other handful of pre-2021 sell-offs were a part of, if such a thing can be intimated at. Ditto for the April/May sell-offs and if there is any relationship to margin calls or known liquidity issues on the part of the hedgies.

CAN ANYONE LEND A HAND?

It bears repeating: I am an exquisitely smooth-brained ape.

Feedback and comments welcome as this is my first quasi-aspirational DD. #buy and #hodl

Edit 1: grammar and an additional question in the follow-up section.


Crypto Daily News from ZBG Exchange

1. Market Wrap: DeFi Token Yearn.Finance Pops 76% as Bitcoin, Ether Make Double-Digit Gains

Opportunities in the crypto market this month have led to gains on decentralized and centralized exchanges.

Cryptocurrencies opened the week jumping big, a reversal from a weekend market dive.
Yearn.Finance (YFI) trading around $50,951 as of 21:00 UTC (4 p.m. ET). Jumping 76% over the previous 24 hours.
Ether (ETH) trading around $2,668 as of 21:00 UTC (4 p.m. ET). In the green 34% over the previous 24 hours.
Ether’s 24-hour range: $1,970-$2,668
Bitcoin (BTC) trading around $39,801 as of 21:00 UTC (4 p.m. ET). Gaining 19% over the previous 24 hours.
Bitcoin’s 24-hour range: $33,141-$39,801
The decentralized finance, or DeFi, sector of the cryptocurrency market is making major performance jumps Monday. The token of lending protocol Yearn.Finance is up over 76% as of press time. In addition, UNI, the token of the leading decentralized exchange by volume, Uniswap, has climbed 54% as of press time.
According to charting software TradingView, so far in 2021 both yearn and uniswap have made triple digit percentage gains, but volatility in the market has actually sapped some of their juicy returns. For example, in early May Uniswap was up over 700% before a precipitous fall, then rebounded with Monday’s bull crypto market.
“DeFi tokens, like most altcoins, are lower market capitalized, possess lower liquidity and thus have higher volatility,” said Brian Mosoff, chief executive officer of investment firm Ether Capital. “This past week saw a sharp decline, with these types of assets being hit harder than blue-chip crypto, such as bitcoin and ether. But as things seem to be rebounding the lower liquidity leads to a faster bid up on price.”
The trading volume numbers for Ethereum-based decentralized exchanges are hitting record highs in May, with the total trading tally well over $100 billion, according to data aggregator Dune Analytics. Leading the way is bellwether Uniswap with a whopping $61 billion in volume this month.

2. Bitcoin Rises to Near $40K After Musk Tweets About BTC Mining’s ‘Promising’ Renewable Usage

Elon Musk continues to tweet about bitcoin.

The price for bitcoin (BTC, +12.3%), already up on the day, received an extra boost from a new tweet by Tesla CEO Elon Musk on bitcoin mining’s “promising” renewable usage, as it’s near a key resistance level at $40,000 during U.S. trading hours on Monday.
The news takes on added significance as it was Musk’s comments on May 13 regarding bitcoin’s environmental impact that started a dramatic sell-off in the crypto market that gathered force last week and continued through this past weekend with bitcoin dropping to just above $31,000 Sunday.
Monday’s quick recovery came as demand from wealthy investors appears to have brought relief to the battered cryptocurrencies, as reported earlier.
Adding support to bitcoin’s price Monday was Bridgewater Associates founder Ray Dalio, who said he owns some bitcoin. He mentioned that during an interview recorded on May 6 and broadcast during the first day of CoinDesk’s Consensus 2021 conference.
The oldest cryptocurrency by market value extended its gains Monday afternoon after Musk tweeted about bitcoin mining’s “promising” renewable usage.
“Spoke with North American Bitcoin miner,” Musk wrote in a tweet. “They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.”
Michael Saylor, the founder and CEO of MicroStrategy, appeared to have joined the meeting with Musk along with several bitcoin miners in North America, as Saylor implied in a follow-up tweet from Musk’s post.
“The miners have agreed to form the Bitcoin Mining Council to promote energy usage transparency & accelerate sustainability initiatives worldwide,” Saylor wrote.
During last week’s market crash, Saylor announced that his business intelligence firm has purchased another 229 BTC for $10 million in cash.
According to Saylor, executives from Argo Blockchain, Galaxy Digital, Blockcap, Hive Blockchain, and a few other mining companies based in North America, were at the meeting.
Several factors led to the market crash last week including China’s latest news about tightening crypto regulations.

3. 5 Big Takeaways From Day 1 at Consensus

From Ray Dalio on bitcoin to a Federal Reserve chair indicating the need for CBDC research. Here’s what you need to know from Consensus Day 1.
The first day at Consensus 2021 was packed with news and insight, from Ray Dalio speaking freely on the coming debt crisis to a Federal Reserve chair indicating that the central bank “wants a seat at the table” in the development of cross-border solutions. Here are the five need-to-know takeaways from Monday’s events.

1. Competition is driving CBDC research

Federal Reserve Governor Lael Brainard didn’t exactly give a forward projection for the agency’s policy this morning, but she did say the Fed is more interested in central bank digital currencies (CBDCs) than previously known. Brainard said it’s important to follow the rise of private money and CBDC pilots in antagonistic nations like China closely. “The issuance of a CBDC in one jurisdiction … does potentially have significant effects across the globe,” she said. To that end, the Boston Federal Reserve and MIT Digital Currency Initiative plan to publish a U.S. digital dollar white paper this summer.

2. Inflation will wane over time: Federal Reserve

Asked about inflation, Brainard cited April’s Consumer Price Index (CPI) report, showing a 4.2% increase in prices year-over-year. This is a worrying figure in-and-out of the cryptocurrency industry because it shows a real impact on everyday shoppers. Brainard poured cool water on the heated talking point when saying a rise in inflation was to be expected as the U.S. economy continues to reopen. This is a continuation of what Fed Chair Jerome Powell has been saying for months, including that the central bank will let the economy run hot. Brainard added these inflationary forces will “subside over time.”

3. Dalio prefers BTC to bonds

Ray Dalio, the founder of the world’s largest hedge fund, predicts that the U.S. dollar is on the verge of devaluation and could lose its position as the global reserve currency. Fearing rising inflation and the preponderance of debt in the economy, Dalio expects the Federal Reserve to resort to the new usual: more money printing to pay down debts. Under this inflationary scenario, the Bridgewater founder said he’d “rather have bitcoin (BTC, +11.96%) than a bond,” if looking for an attractive hedge. What’s more, Dalio admitted for the first time he’s already a holder. In a bit of a Catch-22, Dalio also said “bitcoin’s greatest risk is its success.” Though it may be bitcoin’s time to shine (over gold) during a coming inflation rout, if it cuts into the government’s ability to raise funds through bonds, a swift ban might be expected.

4. Dalio isn’t the only hodler

Wyoming Governor Mark Gordon revealed he owns cryptocurrencies while discussing the early successes of his state’s efforts to attract cryptocurrency companies and projects. “People often look to New York or Miami or Delaware before they look at Wyoming. But a lot of the pioneering work has been done here,” Gordon said. Indeed, Wyoming has set out some of the nation’s most favorable crypto laws, most recently a bill that would recognize decentralized autonomous organizations (DAOs, or, bits of code) as legal entities. Does it pay to be early? Gordon listed off some of the big names that opened branches in the Cowboy State: Kraken, Ripple Labs and IOHK, the company behind Cardano. A $60 billion broadband expansion program also didn’t hurt in attracting these digital natives.

5. Holding bitcoin is a “fiduciary” duty

Inflation was one of the common themes throughout the day’s panels. Nowhere was that more on display than during a roundtable featuring MicroStrategy CFO Phong Le, whose company has become synonymous with the buy and hold mentality. Since August, MicroStrategy has purchased $2.3 billion worth of BTC, in an attempt to get cash — a depreciating asset — off its balance sheets. Today, Le gave a little more insight. “I’m not saying you should put all of your corporate treasury in bitcoin,” he said. “But if you’re not putting any of it into bitcoin, I don’t think you’re doing your fiduciary responsibility, which is maximizing shareholder value.”

4. DeFi Is Rising in Chicago

In the wake of regulatory issues elsewhere, Chicago’s crypto industry has been thriving, particularly in DeFi.

Chicago’s DeFi scene is thriving, and it has New York to thank.
That was the message from Colleen Sullivan, co-founder and CEO of Chicago-based venture capital firm CMT Digital, when she spoke on a panel exploring the state of the crypto industry in the Windy City as part of Consensus 2021, CoinDesk’s annual conference that brings together influencers and experts in crypto, finance and more.
She puts it down to New York’s BitLicense, the state’s regulatory framework that debuted in 2015 and requires startups to obtain a license for cryptocurrency activities. It got 22 applications in its first round, while 15 companies closed down. Between 2015 and 2020, only 25 firms were approved. New York’s loss was Chicago’s gain and the result has turned the city into a hotbed of crypto collaboration.
The DeFi Alliance is a prime example, Sullivan said. Based in Chicago, it provides a six-week accelerator program for DeFi startups, with backing from digital asset venture capital firms also headquartered there, including Jump Capital, Volt Capital and CMT. By connecting established crypto investors with startups, it means entrepreneurs can access liquidity and seed funding, in addition to networking and mentoring.

5. Hedge Fund Billionaire Ray Dalio Has Officially Bought Bitcoin

A big shift from one of finance’s biggest names, plus a recap on the latest China-Bitcoin intrigue.

This episode is sponsored by Nexo.io and Bitstamp.
Today’s episode of “The Breakdown” is split into two parts. In part one, NLW recaps the latest out of China, including:
Interpretations of Friday’s surprise targeting in a speech by the Vice Premier
A weekend market crash, the second of the week
Miner selling and the motivations behind it
What to watch for in the coming days
In part two, he puts in context the news that Bridgewater’s Ray Dalio owns bitcoin, looking at the larger institutional pattern that has driven the bitcoin bull and Dalio’s specific concerns about currency devaluation.

https://preview.redd.it/cn4jt16q76171.png?width=1457&format=png&auto=webp&s=5d40d9e97eeaf0ae2b83284bdd88ec084ba9ea19

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May 25, 2021


$MOJO - MoonJuice || MMA Fighter Sponsorship || 100xCoin Partnership || SaveTheWorld Partnership || MoonJuice + Miami Bitcoin Conference || "Top Gainer" on CMC + CoinGecko Listed || 19M Market Cap - Over 30K Holders

With all the tension in the air, the $MOJO team has been persistently working behind the scenes and they show no chance of stopping. With a real line of physical energy drinks coming by the end of June to bridge the gap between retail and crypto, it's no doubt that MoonJuice will continue to come out on top!

  • MoonJuice Sponsored MMA Fighter!

MoonJuice just officially announced that they are sponsoring MMA fighter Brian Maxwell who has a match before the Logan Paul / Mayweather fight in Miami next month! Brian will be taking on former NFL player Chad 'Ochocinco' Johnson.

There's only 3 matches before the main event so it's likely to draw a lot of eyes. This will be huge as it will bring in a ton of new retail investors that love MMA and most likely energy drinks!

  • MoonJuice Has Officially Partnered With 100xCoin!

100xCoin is another Binance Smart Chain project founded by Ken The Crypto. They've just revealed that they're going to be a Launchpad as well as they're building their own Mobile App - Altbase - "that allows alt-coin purchases on BSC from debit and credit cards."

How will this partnership benefit MoonJuice? My guess is that users will be able to purchase $MOJO tokens from the $100x app Altbase, which will further increase the reach that MoonJuice has to acquire more holders. Basically, this means number go up!

  • MoonJuice Has Officially Partnered With SaveTheWorld!

SaveTheWorld is a project that aims to be the defining charity token on the Binance Smart Chain by helping the World through its donations. The partnership was officially announced live on the $SAVE livestream where they also completed another donation on stream.

To me this partnership could mean possible collaborative energy drink cans in the future where a percentage of the proceeds would go to charity. This would be awesome because it would tie MoonJuice to a charitable cause, attracting more people to want to join the $MOJO community!

  • MoonJuice Coming To The Miami Bitcoin Conference!

The Miami Bitcoin Conference is just around the corner, and MoonJuice team will all be there to spread those $MOJO vibes! The Bitcoin 2021 Conference is happening on June 4-5, and the team will be coming with a surprise - the second iteration of their drinks!

The team clearly has a ton of unique ideas on ways to implement blockchain tech right into the hands of mainstream adoption, and they are going full force

Currently trending as a "Top Gainer" on CoinMarketCap, MoonJuice was just recently listed on both CoinMarketCap and CoinGecko, which skyrocketed the growth of their community! They also just doxxed their third developer BSC Chad, who turns out to be Patrick Sutton! He is officially the CEO of MoonJuice and he for sure looks like a chad! Here's a medium post revealing the chad himself: moonjuiceenergy.medium.com/oh-hello-patrick-261108d26202

You can check out the rest of the doxxed developers on their website!

🚀 Q2 Road Map 🚀

  • First Audit ✅

  • Unveiling Prototype ✅

  • Partnership Announcement ✅

  • Phase 2 Marketing [In Progress]

  • Exclusive NFT Drops [In Progress]

  • Deploying V2 of Website [In Progress]

Their full roadmap can be found on their website!

🔥 Tokenomics 🔥

10% Tax on ALL transactions

5% Automatically contributes to the liquidity

5% Equally redistributed to all holders

Initial liquidity burned forever

Slippage At least 11%

❓ Frequently Asked Questions - notion.so/MOJO-FAQ-8fbae02568594f9992fb4b8618a07989

✔️ Buy On MojoSwap! - mojotoken.app/

🥞 Use V1 PancakeSwap - v1exchange.pancakeswap.finance/#/swap?outputCurrency=0x8087e4c1735c1373f0d04b88d4dbe1fae1149123

📈 Chart - charts.bogged.finance/?token=0x8087E4c1735C1373F0D04b88d4Dbe1FAe1149123

🔎 BscScan - bscscan.com/token/0x8087e4c1735c1373f0d04b88d4dbe1fae1149123

🔥 Burned Liquidity - bscscan.com/token/0x44c59fbd1e59cAE9b7c662ffc22117F20B0b653d#balances

🖥 Website - moonjuice.app/

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BTC miners closed door meeting organised by Twitter manipulator billionaires - this might not be a good idea.

I know that you all love Saylor right now, and he is advocating hard on BTC but let's not forget the leassons learned from Elon and generally that these people are ruthless and have their own agendas. This is my opinion on the subject and mostly a call to discussion.

Why should this meeting have been open to the public (not in terms of participation but of discussion/minutes)? Miners are after all for-profit private companies.

Because this directly affects and is related to the bitcoin network. It is against the open source and decentralised ethos of the project and sets a bad precedent. I believe that back room involvement of billionaires acting as regulators - with the public's blessing - is definitely a slippery slope and can only have a positive impact on the short to medium term price movement (if at all).

As a final note, members of the bitcoin industry, including major miners and developers were set to meet in California in June 2016. This was a closed door social event and in order to protect the ethos of the project the following statement was issued:

Participants recognize that because bitcoin consensus rules are decided by the users based on the software the choose to run, so proposed changes must be discussed in public with input from the whole bitcoin community. For these reasons, there will be no agreements or roundtable consensus coming out this event.

While the recent closed door meeting is indeed of different nature, having two billionaire Twitter manipulators in the middle of it begs a lot of questions and is problematic. Don't forget, miners get to influence devs and vice versa.

What are your thoughts?