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50 Cent Targeted by Hackers Pushing Fake Cryptocurrency 🧑‍💻

MicroStrategy’s BTC play has pushed its stock up more than 1,000%, Dogwifhat Falls Out of Top 50, -38% Over Past Week, Gainers & Newbies, BTC Heatmap, and more!

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Traci Smith & Mike Cullison
June 24, 2024

GM 💡 Happy Monday! We experienced a TON of movement over the weekend. Let’s recap and start this week off strong! 👍

In Today’s Crypto World:

  • MicroStrategy’s BTC play has pushed its stock up more than 1,000% 🚀 

  • Dogwifhat Falls Out of Top 50, -38% Over Past Week 😨

  • 50 Cent Targeted by Hackers Pushing Fake Cryptocurrency 🧑‍💻

  • Gainers & Newbies 👀

  • Wolverine #1 Drop 🐺

  • BTC 200 Week Moving Average Heatmap 🗺️

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

MicroStrategy’s bitcoin play has pushed its stock up more than 1,000% since 2020

MicroStrategy’s stock has been one of the best performing equities in the U.S., since it adopted bitcoin as its primary treasury reserve asset four years ago.

finance.yahoo.com

Dogwifhat falls out of top 50, tumbles 38% over past 7 days

Dogwifhat (WIF) falls out of the top 50 cryptocurrencies with a 38% price drop over the past week. Market cap declines as Fantom (FTM) overtakes Dogwifhat. Trading sentiment weakens.

cointelegraph.com

50 Cent targeted by hackers pushing fake cryptocurrency

Some of 50 Cent's fans were duped into a pump-and-dump scheme. As investors poured in, the value of a fake token called GUNIT soared... only to plummet to $0.00016 after the scammers jettisoned their holdings.

crypto.news

DEGEN PLAYS
GAINERS & NEWBIES 👀 

*Market insights are updated daily.

VEVE & NFT
WOLVERINE #1 DROP 🐺

CHART OF THE DAY
BTC 200 WEEK MOVING AVG 🗺️

Indicator Overview

In each of its major market cycles, Bitcoin's price historically bottoms out around the 200 week moving average.

This indicator uses a color heatmap based on the % increases of that 200 week moving average.

Depending on the month-by-month % increase of the 200 week moving average, a color is assigned to the price chart.

Note: this is a slightly modified version of a concept created by @100trillionUSD.

How It Can Be Used

The long-term Bitcoin investor can monitor the monthly color changes. Historically, when we see orange and red dots assigned to the price chart, this has been a good time to sell Bitcoin as the market overheats. Periods where the price dots are purple and close to the 200 week MA have historically been good times to buy.

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - WHAT ARE SMART CONTRACTS? 🔦

HOOT’S OF ENLIGHTENMENT
WHAT IS DOT? 💡

DOT is the native cryptocurrency of Polkadot, a pioneering multi-chain blockchain platform designed for scalability and interoperability. Key points include:

  1. Interoperability: Polkadot connects multiple blockchains, allowing them to communicate and share data seamlessly.

  2. Scalability: Its unique sharding mechanism, known as parachains, enables high throughput and efficient transaction processing.

  3. Security: Polkadot’s shared security model ensures robust protection for all connected chains.

  4. Governance: DOT holders have a say in network upgrades and governance, promoting decentralization.

  5. Developer-Friendly: The Substrate framework simplifies building and deploying custom blockchains.

These features make DOT an innovative and versatile asset, driving the future of decentralized, interconnected blockchain networks.

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Brought To You By: DailyGainsCrypto.com 

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.05/31/202406/12/