Kucoin Mega Bull Call update:

start price = $0.1238
peak price = $0.3618
gain = 200%

#BNC rose to a nice 200% before facing some unexpected resistance at our peak of $0.3618. Our signal was clean with 0 prepump and 0 prebuying leading to some nice profits for our members. Our team has tried to keep the price up but was unsucessful due to unusual sell pressure from arbitrage bots our volume and peak were below our expectations.

In the next call we will make sure we pick a coin that we know for sure can be pumped to more than 1000% and our team will make sure that we will reach that target once again without facing any issue.

For now we will focus on growing so we will take a little break which is very much needed before the next Kucoin Mega Bull Call to ensure our growth and market conditions allow for it.

Stay tuned for the best call ever in only a short time from now.

Educational Post:

What Is Tokenomics and Why Does It Matter?

Tokenomics is a term that captures a token’s economics. It describes the factors that impact a token’s use and value, including but not limited to the token’s creation and distribution, supply and demand, incentive mechanisms, and token burn schedules. For crypto projects, well-designed tokenomics is critical to success. Assessing a project’s tokenomics before deciding to participate is essential for investors and stakeholders.

Let’s look at bitcoin as an example. The total supply of bitcoin is pre-programmed to be 21 million coins. The way bitcoins are created and entered into circulation is by mining. Miners are given some bitcoins as a reward when a block is mined every 10 minutes or so. 

The reward, also called block subsidy, is halved every 210,000 blocks. By this schedule, a halving takes place every four years. Since January 3, 2009, when the first block, or the genesis block, was created on the Bitcoin network, the block subsidy has been halved three times from 50 BTC to 25 BTC, 12.5 BTC, and 6.25 BTC currently.

Based on these rules, it’s easy to calculate that around 328,500 bitcoins will be mined in 2022 by dividing the total number of minutes of the year by 10 (because a block is mined every 10 minutes) and then multiplying by 6.25 (because each block gives out 6.25 BTC as rewards). Therefore, the number of bitcoins mined each year can be predicted, and the last bitcoin is expected to be mined around the year 2140.

Key elements of Tokenomics

As a catch-all term for a wide range of factors influencing a cryptocurrency’s value, “tokenomics” refers first and foremost to the structure of a cryptocurrency’s economy as designed by its creators. Here are some of the most important factors to consider when looking at a cryptocurrency’s tokenomics. 

Token supply

Supply and demand are the primary factors impacting the price of any good or service. The same goes for crypto. There are several critical metrics measuring a token’s supply. 

Token Utility

Token utility refers to the use cases designed for a token. For example, BNB’s utility includes powering the BNB Chain, paying transaction fees and enjoying trading fee discounts on the BNB Chain, and serving as community utility token on the BNB Chain ecosystem. Users can also stake BNB with various products within the ecosystem to earn additional income.

Analysing token distribution 

Aside from supply and demand, it’s essential to look at how tokens are distributed. Large institutions and individual investors behave differently. Knowing what types of entities hold a token will give you insight into how they are likely to trade their tokens, which will in turn impact the token’s value. 

Tokenomics is a fundamental concept to understand if you want to get into crypto. It’s a term capturing the major factors affecting the value of a token. It’s important to note that no single factor provides a magical key. Your assessment should be based on as many factors as possible and analyzed as a whole. Tokenomics can be combined with other fundamental analysis tools to make an informed judgment on a project’s future prospects and its token’s price.

#ETH breakout of thr zone then break below too. The it creates a Consolidation range and moving back and forth of the zone. Expecting thr price to took out buy-side liquidity till resistance $1330 - $1350 and drop. Anticipating altcoins movement with this only ✅.

#BTC didn't mover alot since yesterday and made another consolidation range slightly below it. It's weekend now, and there will be low volume in the market, so expected the sideways to continue. Monday market open will give a breakout to either side, so keep an eye on range break.

There is a symmetric triangle on the hourly chart and we will see a break in this pattern soon. If BTC breaks the triangle in an upward direction then we see a move toward the $20,000 level. If the price broke the triangle in a downward direction then we see a test of the major support area of $15,000-$15,500.

#EOS cand back to the retest area but not that deep down, which were expecting. Price currently forming a triangle pattern, in which price rejects from the resistance line. There's is very less range price to move up, if breakout is on upside. Break below can open the opportunity for short-sell 📉. Keep stops orders accordingly.

XRP retested the trendline after the breakdown. We may see a continuation of the downward movement in the coming days. The local support is $0.36 and the major support is $0.32 area.

#AAVE nearly rejects from the just after the upside. Price unable for tap it, by which entry is missed. Now, market structure turns bearish, so price is expected to dip down till major support. Price may break the major support if the downtrend continues.

MASK analysis:

MASK broke the uptrend line and continue the downtrend. The next support is $2.78-$2.84 area and major support is $2.20-$2.40 area. This is no trade zone and waits for better entry.

Here's the analysis of #VET :

#VET building a potential head & shoulder pattern but not much clear yet. Price already took a bounce from the weekly refined support around $0.0171 - $0.0173 and buildup a resistance at $0.0193 - $0.0195. Price breaking above will be bullish but not enough range to hodl. Scalping is possible until $0.0204 and $0.0211.

BTC UPDATE:- No changes in BTC yet. Good thing is that BTC is still holding the $17k support level. As long as BTC holds this support we can expect to reach $18k-$19k level by the year end. CPI data will release after two days so we can expect some big movement on that day. Let's see how market reacts in the next few days. We will keep updating you.

Stay tuned and pin our channel at the top.

#BTC give a breakout below the consolidation range as mentioned in previous chart. Other coins drive with that. Price reaching the hourly support area again around $16,750 - $16,850. If price breaks this area then a further drop might come till major one. Daily TF, hodl a new picture in itself, we'll update with it soon ✅.

Bitcoin broke the symmetric triangle in downward direction. Keep tight stop loss in all trades as we may see more downward movement. Price need to go above $17,000 to get some strength.

#VET unable to break the resistance and rejects as #BTC dumped too. Price nearly reached the minor support already. Breaking will the open gates for major support zome of $0.0171 - $0.0173. Still, scenario is same for the range, so scalping is only possible.

BAND is testing the support level and need to hold above this. You can open small long positions near the support with tight stop loss. We expecting a bounce from here.

#EOS moved perfectly with the market. Price broke below the triangle pattern and given a smooth drop in our favor around 5.9%. Market is bit choppy, so scalping is highly recommended. Price already reaching strong support, so lock-in your profits.

SXP again tested the resistance area and rejected from there. We will now see continuation of the downtrend. The major support is $0.202-$0.209 and this is the zone we are looking for new entries.

Here's the analysis of #DOGE :

#DOGE is been rejected from the major resistance zone of $0.106 - $0.110. Price already break below the obstacle/ minor support around $0.0887. You can expect a price drop till support around $0.0750 - $0.0766. This is a pullback unless 4H bearish candle start breaking it own low. Take entries accordingly.

OCEAN analysis:


OCEAN pumped hard after the breakout of the resistance area. The next resistance is the $0.206-$0.209 area. Don't FOMO and enter now, wait for a better entry around the $0.14-$0.15 area.

New Cloud Mining Products Launched (2022-12-13)

https://www.binance.com/en/support/announcement/5095bd746ee74aedbe7f7e9aba70d53a