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Price Analysis 8/9: The Only Thing More Useless Than These Coins Is the Life Choices of Their Diehard Holders

Crypto NewsHackNFTs 4 Barry Thompson August 16, 2024

An illustration of a bear in a boxing ring with its arms raised high after knocking out an opponent; however, another boxer is seen entering the ring through the ropes while still holding onto the rope and looking determined, symbolizing that despite one side's victory there may be more battles to come. The background has torn curtains hanging from broken hooks indicating chaos and turmoil in financial markets. A faint image of a price chart can be seen on the wall behind the bear with red lines tracing downward representing falling prices.

Oh boy, crypto bros still don’t get it! They think they can just keep buying up worthless tokens like Dogecoin (DOGE) and Toncoin (TON), hoping for a miracle rebound? Newsflash: those coins are DOA

Source: cointelegraph

Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
https://cointelegraph.com/news/price-analysis-8-9-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib
Bitcoin (BTC) is close to completing a death cross, where the 50-day simple moving average (SMA) falls below the 200-day SMA. Although the death cross is believed to be bearish, analyst Timothy Peterson said in a post on X that Bitcoin has recorded a median return of 18%, two months after the eight death cross occurrences since 2015. Bitcoin whales also seem to be sensing a bullish outlook. Whales with […]

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Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

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About the author

Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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