🦉 Memecoin Supercycle

Crypto Adoption on Track to Hit 8%, Bybit Expands Ecosystem Token Pools, and More!

GM 🦉 Let’s start the week strong with your up-to-date crypto news. A 5-minute read strengthening your Daily Gains!

In Today’s Crypto World:

  • Memecoin Supercycle 🔄

  • Crypto Adoption on Track to Hit 8% by 2025 đź’Ş

  • Bybit Expands Ecosystem Token Pools 🥳

  • Gainers & Newbies đź‘€

  • King in Black 🕷️

  • Bitcoin 200-Wk Moving Average 🔬

OWLGO’S NEWS NEST
3 TRENDING HEADLINES đź’ˇ

DEGEN PLAYS
GAINERS & NEWBIES đź‘€

*Market insights are updated daily.

VEVE & NFT
KING IN BLACK 🕷️

CHART OF THE DAY
BITCOIN 200-WK MOVING AVERAGE 🔬

If you are looking to predict the price of Bitcoin or forecast where it may go in the future, the 200WMA heatmap can be a useful tool as it shows on a historical basis whether the current price is overextending (red dots) and may need to cool down. It can also show when Bitcoin price may be good value on a historical basis. This can be when the dots on the chart are purple or blue.

Over more than ten years, $BTC has spent very little time below the 200 week moving average (200WMA) which is also worth noting when thinking about price predictions for Bitcoin or a Bitcoin price forecast.

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - CRYPTO COIN VS TOKEN 🔦

HOOT’S OF ENLIGHTENMENT
WHAT IS NEAR? đź’ˇ

NEAR Protocol is an innovative blockchain that offers a highly scalable, secure, and user-friendly platform for decentralized applications (dApps).

What makes NEAR amazing is its sharding technology, called “Nightshade,” which enhances scalability by splitting the blockchain into smaller fragments. This allows for faster transaction processing and lower costs compared to many other blockchains.

NEAR also focuses on developer and user experience with features like human-readable addresses, eliminating the need for complex wallet keys.

Additionally, its strong ecosystem, cross-chain capabilities, and low environmental impact make NEAR a promising platform for the future of decentralized finance and applications.

OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀

OWLGO’S LOLS
DAILYMEMES 🤣

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/