Ultimate Investment Guide: Furrever Token Set to Achieve Bitcoin and Ethereum-Level ROI in 2024
Bitcoin
(BTC)
has
fallen
below
$68,000,
trading
at
$67,183
with
a
3%
decrease
in
the
last
24
hours,
raising
concerns
of
a
potential
downtrend.
Meanwhile,
Ethereum
(ETH)
remains
stagnant
at
$3,800
despite
the
approval
of
eight
spot
Ethereum
ETFs,
showing
no
significant
uptrend.
On
the
other
hand,
Furrever
Token
(FURR) captivates
investors
with
its
promising
presale,
nearing
$1.1
million
raised,
and
potential
for
a
1500%
increase
in
value
post-launch.
BTC
Falls
Below
$68,000
–
Will
the
Decline
Persist?
Investors
and
traders
are
especially
showing
new
interest
to
Bitcoin
strategies
now
that
its
current
position
and
price
fluctuations
are
driving
this
new
found
wave.
Bitcoin
which
was
trading
at
$/$67,183
began
to
decrease
by
3.
3%
in
the
last
24
hours,
has
a
transaction
volume
of
36$,
a
monthly
volatility
of
4%,
a
monthly
average
price
of
350$
and
a
Year
to
date
return
of
19%.
7
billion.
Analyzing
the
global
market,
it
is
possible
to
say
playing
a
Capstone
project
budget
of
$1.
2.3
Q
It
is
worth
mentioning
that
bitcoin
remains
the
most
valuable
coin
in
the
market
of
cryptocurrencies
with
the
worth
of
more
than
3
trillion.
Bitcoin
(BTC/USD)
is
down
3%
to
67,183
from
its
price
earlier
today.
While
analyzing
the
overall
price
fluctuations
of
this
token,
users
are
going
to
observe
that
in
the
last
24
hours
3%
price
swing
indicates
a
bearish
trend.
Yet,
these
figures
$68,263,
especially
emphasizing
the
pivot
point
belong
to
the
direction
of
the
current
increase
trend.
The
50-day
Exponential
Moving
Average
(EMA)
is
located
at
$68,615,
which
forms
a
resistance
level
near
the
pivot
point.
Technically,
Bitcoin
is
trading
below
the
pivot
point,
indicating
a
potential
downtrend.
As
an
entry
strategy,
selling
below
$68,263,
targeting
a
take
profit
level
of
$66,357
and
setting
the
stop
loss
at
$70,029
could
be
recommended.
This
strategy
can
enable
investors
to
take
advantage
of
possible
further
declines
while
managing
risk.
How
Did
Ethereum
Price
React
After
Approval:
Has
the
Expected
Rise
Come?
Following
the
approval
of
eight
spot
Ethereum
ETFs
by
the
SEC
last
night,
ETH
price
remained
stagnant
at
$3,800
and
showed
no
signs
of
a
significant
uptrend.
Despite
this,
ETH
experienced
a
significant
increase
of
over
30%
last
week.
Investors
are
currently
taking
a
cautious
stance
and
are
watching
to
see
if
this
development
will
result
in
a
“news
sell”
event.
Ahead
of
the
US
SEC
announcing
its
Ethereum
ETF
approval
decision,
ETH
price
witnessed
some
sharp
fluctuations.
In
the
tense
hours
before
official
approval,
ETH
initially
fell
to
$3,500
during
the
traditional
US
market
close.
It
later
approached
$3,900
after
initial
unconfirmed
reports
emerged
pointing
to
confirmation,
and
ultimately
settled
above
$3,800
after
confirmation.
In
the
midst
of
these
huge
price
swings,
it
turned
out
that
a
whale
made
a
staggering
sale
of
7,900
ETH
worth
$29
million.
During
the
turbulent
period,
liquidation
of
leveraged
crypto
derivatives
positions
reached
over
$350
million
throughout
the
day,
the
highest
figure
since
May
1,
according
to
CoinGlass
data.
The
majority
of
these
liquidated
positions
were
long
positions
anticipating
price
increases
and
totaled
approximately
$250
million.
This
shows
that
traders
who
had
overextended
themselves
with
leverage
were
surprised
by
the
sudden
price
drop.
Among
those
affected,
ETH
traders
bore
the
brunt,
with
$132
million
in
liquidations.
Approval
of
spot
Ethereum
ETFs
could
bring
inflows
of
more
than
$500
million,
as
analysts
estimate.
However,
it
may
take
some
time
for
this
to
happen
and
the
uptrend
to
begin.
Some
on-chain
indicators
suggest
that
Ethereum
could
form
a
base
above
$4,000
and
continue
to
rise
to
$5,000-6,000
by
August
this
year.
While
the
approval
of
Bitcoin
ETFs
has
led
to
strong
institutional
inflows,
it
will
be
interesting
to
see
whether
the
ETH
ETF
launch
will
lead
to
greater
institutional
adoption.
Furrever
Token:
The
Upcoming
Game-Changer
in
Meme
Coins
Furrever
Token
is
poised
to
capitalize
on
the
growing
interest
in
meme
coins
with
its
charming
cat-themed
imagery.
Currently
in
the
final
phase
of
its
presale,
the
token
has
already
raised
over
$1.1
million,
aiming
to
reach
$1.9
million
before
its
official
launch
on
PancakeSwap.
The
potential
for
a
1500%
increase
in
value
post-launch
positions
Furrever
Token
as
a
highly
attractive
investment.
Early
presale
participants,
with
tokens
priced
at
$0.000648,
stand
to
benefit
significantly
from
this
anticipated
growth.
Furrever
Token’s
engaging
approach,
featuring
cat-themed
stickers,
visuals,
and
community
challenges,
promotes
a
vibrant
community.
Additionally,
the
project’s
commitment
to
security
and
transparency,
evidenced
by
its
audited
smart
contract
and
a
one-year
lock
on
team
tokens,
reassures
investors
about
its
long-term
prospects.
With
nearly
4,000
active
members
in
its
Telegram
channel,
Furrever
Token
demonstrates
robust
community
support
and
engagement.
As
the
presale
concludes,
now
is
an
opportune
time
for
investors
to
get
involved
with
the
Furrever
Token
community
and
potentially
secure
significant
returns.
Visit
furrevertoken.com
to
secure
your
tokens
and
join
this
exciting
venture.
Investors
interested
in
this
opportunity
are
advised
to
contact
only
the
official
support
at
[email protected]
to
avoid
potential
scams.
Join
Furrever
Token
Presale
Now:
Furrever
Token
Official
Website
Join
$20,000
Furrever
Token
Giveaway
Join
Official
Telegram
Group
Follow
Official
X
Account
Media
Contact:
Robert
Smith
https://furrevertoken.com/
[email protected]
Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
Comments are closed.