Total number of oil rigs in the U.S. for the week ending June 27

Crypto analyst Poppe reveals his 5 favorite altcoins for the first quarter of 2024 Michael Van De Poppe, a name known for his cryptocurrency analysis on social media, announced his 5 favorite altcoins for the first quarter of 2024 in his latest post and explained why he prefers these altcoins. Michael Van De Poppe first talked about the theory in altcoin trading, mentioning that assets such as Solana and Injective, which are rising very quickly, are fueled by external factors. Evaluating the excitement in the market over these two altcoins, the analyst advised investors to be careful at this point. So much so that the entry into these altcoins at high levels involves a high risk compared to the possibility that profit-taking activity will start in the assets at some point, he said. Poppe also mentioned a spot he made about the altcoin rally. Emphasizing that the vast majority of investors started to buy in the last 10% - 20% rise in assets, the analyst attributed this to the FOMO effect and said that this group constitutes a large audience. He added that this move allows smart money investors who enter the market early to make larger amounts of profit. As a result, projects such as Michael Van De Poppe, SOL, and INJ were skeptical of fast-rising altcoins, questioning why they should continue to invest in these assets when they have risen significantly and other altcoins have opportunity costs. However, emphasizing that these assets contain a high amount of risk compared to less rising altcoins, Poppe also recommended turning to large altcoins instead of altcoins with lower capital value. He explained this with the thesis that chasing high returns is no different from gambling, and that large altcoins are more suitable for generating compound returns with good timing. Michael Van De Poppe first talked about the theory in altcoin trading, mentioning that assets such as Solana and Injective, which are rising very quickly, are fueled by external factors. Evaluating the excitement in the market over these two altcoins, the analyst advised investors to be careful at this point. So much so that the entry into these altcoins at high levels involves a high risk compared to the possibility that profit-taking activity will start in the assets at some point, he said. 5 altcoins that crypto analyst focuses on for the upcoming period Accordingly, Poppe said that he will focus on 5 altcoins for the next quarter. Michael Van De Poppe's first favorite altcoin is Ethereum. Stating that he believes that the largest altcoin will outperform Bitcoin in the coming period, Poppe reminded that spot ETH ETFs will also be on the agenda after the Bitcoin ETF. Poppe's other favorite altcoins include Optimism and Arbitrum. He attributed the reason for this to his belief that the Ethereum ecosystem will perform better. Because OP and ARB are the native assets of two projects that work very efficiently as layer-2 projects on the Ethereum network. The crypto analyst's 4th favorite altcoin is Chainlink (LINK). Emphasizing that LINK has been in a bear market against USDT for the last 2 years, but has been declining against BTC for 3 years, Poppe thinks that the crypto currency will continue to rise due to the seasonality effect. Poppe, who expects a DeFi rally in the altcoin industry in 2024, stated that this is why he added LINK to his portfolio. The analyst also said that he cares about assets outside the Ethereum ecosystem, including adding SUI to his portfolio. As an alternative to SUI, which is an alternative layer-1 network token to Ethereum, he emphasized that assets such as SEI, RUNE, ATOM and DOT can also be evaluated in this process. Michael Van De Poppe listed the portfolio allocation as Ethereum 40%, LINK 20%, ARB 15%, OP 15%, and SUI 10%. Poppe, who believes that assets such as Bitcoin and Ethereum should always make up the largest part of the portfolio, said that he has created the portfolio at decreasing rates according to similar thinking. #ContentStar# #GateLive# #BountyCreator# #GateioBountyCreator# #HotTopicDiscussion# #Gate post Highlights# #BRC 20 tokens# #比特币# #ContentMining# #İçerikYıldızı#

#Which Memecoins have a strong community?# Exciting Development for Shiba Inu! Will the SHIB Community Heed This Warning? Lucie warned about conscious investment by making a post. It can be seen that the SHIB team focuses on transparency and community protection. There has been a 18% decrease in Shiba Inu burning rates. The world of cryptocurrency can be defined as a rapidly growing and evolving ecosystem. However, there are certainly some risks for inexperienced investors in this exciting new field. Yesterday, Lucie, one of the leading figures in the Shiba Inu community, issued a warning. This warning is noteworthy for all SHIB supporters. What's in the Details of the Warning? Lucie's message seems to be inspired by the famous physicist Albert Einstein. His call encourages SHIB supporters and developers associated with Shibarium to stay away from negative effects. Additionally, Lucie notes that such individuals often see problems where others find solutions. This warning actually reflects a concern about the increasing number of new scams targeting inexperienced investors in the growing cryptocurrency market. The SHIB team is actively working to protect the community from such dangers. There was a sharp drop in SHIB Burning Rates. Another important issue is the sharp drop in the SHIB burning rate. There has been a decrease of 18.78% in the last 24 hours. However, despite this decline, approximately 8,748,598 SHIB tokens were burned to reduce the circulating supply. In terms of market performance, the SHIB recently experienced a fall of 8.4%. This fall was characterized by three consecutive red candle, reflecting negative sentiment in the overall cryptocurrency landscape. SHIB Team's Warnings Aim to Protect Investors The warnings and updates from the SHIB team, which is the number two in the meme coin world, underline their determination to maintain transparency and community protection. By addressing issues such as decreasing burn rates and price fluctuations, the meme coin SHIB aims to empower its supporters with timely information necessary for informed decision-making. These steps and, frankly, their communication skills being open ensure the Shiba Inu community's strong commitment to the project. Therefore, the SHIB cryptocurrency community will continue to remain vigilant against external threats and market fluctuations under the guidance of team members advocating caution and resilience. This is certainly important to protect investors in a rapidly evolving and speculative market. At the same time, it is also important to protect the project.

BCA Research Says "Bitcoin Is Running to $100K", Explains the Reason That Has Never Been Mentioned BCA Research, one of the leading independent providers of global investment research, predicted in a recent report that Bitcoin could eventually rise above $100,000. The firm attributes this potential rise to Bitcoin's 'impregnability' feature, which has made it look like gold. According to Dhaval Joshi, Chief Strategist at BCA Research, Bitcoin and gold are conceptually linked because their shared value stems from their irresistibility. This value is immune to inflation, bank failure, and even government nationalization in the case of Bitcoin. Joshi argues that Bitcoin's controlled supply protects it from being confiscated by inflation. In addition, the bankruptcy of banks or other financial institutions does not cause the investor to lose their cryptocurrencies. Even if a government bans Bitcoin, it does not amount to a confiscation as long as there is a global network of Bitcoin holders who value their tokens due to their non-seizability. "The price of Bitcoin will rise as high as $100,000 as the market cap given for non-seizability increases substantially and Bitcoin's share of this market grows significantly," Montreal-based BCA Research said. Bitcoin hit an all-time high of over $73,000 on March 14 and is up over 70% this year. The launch of U.S. spot Bitcoin ETFs this year and the contraction of Bitcoin's supply ahead of the 'halving' at the end of April have been major factors in BTC's price surge. Meanwhile, gold also experienced a record rise. Gold bullion prices hit a record high of $2,365.09 on Tuesday. Gold bullion is seen by some investors as a hedge against inflation and geopolitical uncertainties. The recent sharp rises in both gold and Bitcoin reflect that the market has suddenly increased the value of impregnability. This shows that the ability of both assets to maintain their value in the face of external factors is increasingly recognized. #ContentStar# #Gate post Highlights# #HotTopicDiscussion# #BountyCreator# #GateLive# #NewsMessenger# #BTC#

#MANTA# DIS# #DIS# WILL BE IN THE BEST POSITION. GREEN TREND

#ULD# ULD ready to shoot up 20%+ in the next few hours. Bullish formation in sight! For those who have lost a lot, it's a good opportunity to recover or at least buy the dip! Buy the dip while everyone else is panicking!