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$MICKEY: Breaking Records and Taking Public Domain to new Heights $MICKEY coin, inspired by the iconic "Steamboat Willie" version of Mickey Mouse, has reached an impressive milestone, breaking through the $10 million market cap and achieving a value of $0.01 per coin. This significant achievement is a testament to the coin's innovative approach and the strong community that has rallied around it. The Backstory of $MICKEY $MICKEY's journey began with the entry of Mickey Mouse's "Steamboat Willie" into the public domain. Seizing this opportunity, a visionary development team created $MICKEY coin, leveraging the widespread recognition and nostalgia associated with this classic character. The coin was envisioned as a way to merge the charm of old-world animation with the cutting-edge possibilities of blockchain technology, creating a unique proposition in the cryptocurrency market. Art and Community: The Pillars of $MICKEY The success of $MICKEY is deeply rooted in its community and the art that defines it. The vibrant designs featured on their Twitter and in their NFT collections have attracted a diverse group of people, from crypto enthusiasts to art lovers. This engagement with art has not only added an aesthetic appeal to the coin but has also helped in creating a strong, supportive community. A Supportive and Growing Telegram Community Within the $MICKEY Telegram group, members share a spirit of camaraderie and mutual support. This environment of positivity and assistance has been crucial in nurturing the community, making it a welcoming space for both newcomers and seasoned crypto enthusiasts. Join the $MICKEY Community To become a part of the $MICKEY story and to stay updated on its progress, follow these platforms: Twitter: Stay connected with the latest artistic showcases and community updates by following $MICKEY on Twitter. @ SBWMickeyERC Telegram: Join the $MICKEY Telegram group to engage with a supportive community, get real-time updates, and be part of the conversation. @ sbwmickeycoin Official Website: For comprehensive information about $MICKEY, including its roadmap, team, and more, visit the official website. steamboatwilliecoin.xyz Conclusion: $MICKEY - A Symbol of Collaborative Innovation $MICKEY's remarkable journey from concept to a significant player in the crypto market is a story of innovation, community, and nostalgia. Its successful blend of a beloved character with the dynamic world of digital assets is a model for future endeavors in the cryptocurrency space. Be a part of this exciting movement by joining the $MICKEY community today.
#BRC20 Trending Tokens#6 cryptocurrencies to avoid trading this week Bitcoin (BTC) has reached a new multi-year high at $45,922 on January 2, 2024. Following its leadership, some cryptocurrencies have been trading at higher prices. While most people wait for strong price action to deploy capital into a given cryptocurrency, smart money avoids trading overextended speculative assets as part of a good risk management strategy. Notably, investors can find cryptocurrencies to avoid trading this week using fundamental and technical analysis. In particular, meme coins with poor fundamentals and ‘overbought’ coins according to the Relative Strength Index (RSI). Avoid trading memecoins in 2024 Memecoins like Dogecoin (DOGE) were initially created as a tool for having fun with digital money. After Elon Musk’s support of DOGE and the surge of Shiba Inu (SHIB), memecoins have become popular among cryptocurrency traders.Interestingly, Pepe (PEPE) and Bonk (BONK) are examples of meme coins that benefited from speculator’s greed in 2023. BONK was the year’s biggest gainer, but its investors could face a similar fate to PEPE’s and most of these micro financial bubbles. Savvy investors should avoid trading meme coins this cycle, specifically PEPE and BONK. Overbought cryptocurrencies to avoid trading this week On another perspective, Finbold also spotted four non-meme coin cryptocurrencies with high RSIs using CoinGlass’s heatmap. In particular, Filecoin (FIL), Internet Computer Protocol (ICP), BitcoinSV (BSV), and Perpetual Protocol (PERP). The ‘overbought’ status of these projects increases the odds of price retracement and massive liquidations. However, even an overbought asset can continue to rise in such an uncertain market as is crypto’s. Filecoin (FIL) First, FIL scores are 72.28, 78.58, and 86.33 in the 4-hour, 24-hour, and 1-week RSI. They all mark an overbought status to Filecoin, trading at $7.77 by press time, up 5.55% in 24 hours.Internet Computer Protocol (ICP) In the meantime, ICP has a higher weekly RSI of 91.66 while showing a similar overbought 78.3 in the daily chart. The Internet Computer Protocol’s native token started its short-term correction, down 1.47% at $13.50, with 64.49 4-hour RSI.Avoid trading BitcoinSV (BSV) BitcoinSV also joins this week’s cryptocurrencies to avoid trading with 76.03 24-hour RSI, trading at $98.33. The most centralized Bitcoin network remains overbought despite losing a massive 7.22% in the last 24 hours.Perpetual Protocol (PERP) Finally, PERP is changing hands by $1.50 at the time of publication, surging $22.52 on January 2, 2024. Meanwhile, Perpetual’s token is overbought on all time frames, registering 84.35 in the weekly RSI and 77.4 in the 4-hour and the daily charts.All things considered, knowing which cryptocurrencies to avoid trading is crucial in investing. Traders should always monitor relevant indicators and understand their trading projects to increase an already unfavorable odds from a highly speculative market.
#The market bounces back hugely. BTC breaks out $45,000.#Ethereum, Chainlink and Arbitrum Are Among Top 5 Altcoin Closely followed crypto strategist and trader Michaël van de Poppe is naming the top five altcoins he is bullish on in 2024. In a new strategy video, Van de Poppe tells his 162,000 YouTube subscribers that his first top altcoin choice this year is the smart contract platform Ethereum (ETH).The trader believes that money will soon flow from Bitcoin to ETH after BTC‘s significant rally to close out 2023.Looking at his chart, the trader suggests that ETH will rally to cross $3,400 later this year. He also suggests that ETH against BTC (ETH/BTC) appears to have carved out a market bottom at around 0.0491 BTC ($2,221).The ETH/BTC pair is trading for 0.05322 BTC ($2,377) at time of writing. He also believes that if a spot market exchange-traded fund (ETF) is approved for Bitcoin, an Ethereum spot market ETF will soon get the nod and that would serve as a catalyst for an ETH rally. Lastly, he suggests that ETH’s deflationary nature, brought about by its switch to a proof-of-stake consensus mechanism, is not yet priced in by the market. Next up, the trader believes that ETH layer-2 scaling solution Arbitrum (ARB) is printing a bullish pattern against Bitcoin (ARB/BTC), putting in higher highs and higher lows.ARB/BTC is trading for 0.0000393 BTC ($1.78) at time of writing. Looking at his chart, the trader suggests that Arbitrum will soar to 0.0000647 BTC ($2.93). His next pick is another layer-2 scaling solution, Optimism (OP). He predicts that OP will correct down to the $2.78 range after its big rally and then bounce beyond the $4.50 level in the coming months.Optimism is trading for $4.01 at time of writing, up 4.3% in the last 24 hours. The fourth altcoin on the trader’s list is the decentralized oracle network Chainlink (LINK). He says LINK is starting to show strength against Bitcoin (LINK/BTC), printing a bullish pattern of higher lows and higher highs. He is closely watching to see if LINK/BTC breaks through a key resistance level at 0.000450 BTC ($20.36), which he says would indicate a massive breakout is underway.LINK/BTC is trading for 0.0003472 BTC ($15.71) at time of writing. Lastly, the trader picks the newer ETH rival Sui (SUI). He says SUI has the potential to perform as strongly as Fantom (FTM), Avalanche (AVAX) and Polygon (MATIC) did in 2021. At time of writing, SUI is worth $0.865.
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