Inflation in the USA as deep as in March 2021 - how does the cryptoma market react?
Inflation in the USA as deep as in March 2021 - how does the cryptoma market react?
inflation in the USA falls to 3.1 % - effects on the cryptoma market?
Yesterday new data on inflation were published in the United States, and it turns out that it is 3.1 % as deep as in March 2021. You might think that this could be a bullish signal for the Bitcoin and the rest of the cryptom market. However, the core inflation remains persistent, and the members of the US Federal Reserve's US Federal Reserve have already clarified that further interest rate adjustment is required to stop the devaluation of money. Overall, the Bitcoin seems to be very impressed by yesterday's numbers.
Nevertheless, investors are looking forward to the start of sales of the new SHITCOINS Mr. Hankey Coin ($ Hankey), whose presale begins in a few hours. In view of the uncertainty in connection with the efforts of the SEC (Securities and Exchange Commission) against Binance and Coinbase, Bitcoin was able to win almost 50 % market share in the entire cryptom market. This value, also known as Bitcoin dominance, is around 50 % as high as it has not been in over a year. Ethereum, on the other hand, has reached 19 % of the total value of all cryptocurrencies. Before the uncertainties regarding a possible classification of ether as securities, Ethereum was able to win 20 % of the share.
The uncertainty on the market remains, although inflation is slowly contained. At the next interest decision at the end of July, a further increase is expected to be 0.25 %, but this should already be priced in the course of the bitcoins and will probably not have a significant effect on his course. An important step for the bulls would be to overcome the resistance at $ 32,000, which would possibly quickly lead to the next psychologically significant hurdle of $ 35,000.
While the top coins are in a consolidation phase, there is again space for speculations outside the top 100. Meme coins in particular have been experiencing a heyday for months. After Pepe has almost reached the $ 2 billion brand, investors are looking for the next X100 Coin, and this could now have been found with Mr. Hankey Coin ($ Hankey).
The Shitcoin $ Hankey managed to go viral before the pre -sale start and already appears in numerous international media. He has already built up a significant supporter on social media. The pre-sale of the $ Hankey token begins in a few hours and is limited to just $ 500,000. Therefore, only a few investors will have the opportunity to acquire the coin before the start of trade. Those who buy it in Presale could benefit from a possible course leap before the trade starts on uniswap.
meme coins are strongly dependent on the community that promotes, and Mr. Hankey ($ Hankey) seems to bring the best prerequisites for a successful start with his international media presence and high demand. The low market capitalization and high liquidity that the team provides for the trade start offer a lot of space for a possible course jump.
Although nothing is guaranteed, much indicates that Mr. Hankey Coin ($ Hankey) could be a success. The hype about the launch is already almost inevitable, and the memes around the coin are already flooding the Twitter feeds.
However, it is important to note that investing is always speculative and can be associated with risks. This website is not available for use in countries in which the trade described or the investments described are prohibited. Investors should carry out their own diligence and be aware that their system may not offer the same protection as in their own country or residential state. The use of this website is free of charge, but commissions can be obtained from companies. Always stay up to date and find out about the risks before investing in cryptocurrencies.About the author: Manuel Lippitz is an entrepreneur and investor and has specialized in cryptocurrencies and NFTs in recent years. As an enthusiastic landlord and crypto enthusiast, he has experience in various industries and shares his knowledge on his real estate blog and other platforms. He operates his own mining stations and pursues the possibilities that the cryptoma market offers.
Note: This article does not constitute investment advice and only serves for information purposes. Every trade or investment is associated with risks, and it is recommended to find out thoroughly beforehand.