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The price of the scale has decreased by 77 % in the past 24 hours of trading at $ 0.01891 from 11:30 am EST, driven by an increase of 70 % in trading volume to 1.59 billion.
Al -Mizan currency was initially supported in a tweet that was now equipped by Argentina President Javier Millie and exploded after the listing. It has been launched on what is claimed to help the country’s economy to grow and finance small companies.
But when it was shattered, the following pulled his support. This prompted allegations on X to pull the rug.
Javier Miley only destroyed memecoin market:
Hours ago, Argentine President Millie Melikoin launched, $ LibraFor the “growth of their economy”.
Within 5 hours, more than $ 4.4 billion was erased from the maximum market.
Is this the largest clouds rug in history?
(topic) pic.twitter.com/t4t69r851d
Kobeissileter’s message February 15, 2025
The price of the scale sees very volatility, and it is disrupted after the sharp collapse
The balance/US dollar has witnessed a significant increase in prices and its collapse in a short time frame, highlighting the fluctuations of the market. The price initially increased from $ 4.00, backed by what appears to be a powerful momentum force and potential speculation trading.
However, the penetration did not last long, as it reflected a wave of qualifiers quickly, which led to an aggressive sale. The price has decreased, almost all the upward movement, and now Trading about $ 0.1620And it is a level that appears to be working as great support.
Huge boxes pay the sudden price collapse
The rapid increase in price may be driven by merchants trying to benefit from the upscale collapse, perhaps due to a news event, liquidity injection or speculation interest.
However, with a high price, excessive positions in the records have led to forced positions, creating a series of sale pressure. With limited purchase orders at higher levels, the price has risen at the speed that it rose, which reflects the structure of an unstable market with low liquidity.
Currently, the price stabilized about $ 0.1620, with a $ 0.1562 session, which represents an important support zone. This region is very important for short -term expectations. If so, there may be a possible reflection, and attract buyers who are looking to enter the levels of sale. However, if the support fails, the price may continue in its landfill in search of new liquidity areas.
Source Libra analysis: Dextools.io
Despite the sharp decrease, technical indicators indicate that recovery can be on the horizon. MACD (moving average rapprochement) -0.5159, reflects a continuous declining momentum. However, if the MACD line starts to bend up, it may indicate the reflection of the direction. And most importantly,
RSI is in 15.83, and it is deep in the sales lands. The RSI is less than 30, indicates that assets are emerging with less than their value and may be due to a recovery, which means that traders may start buying in anticipation of price recovery.
What is the next?
With this extreme volatility, merchants must be careful, as prices cannot be predicted to a large extent. If the support level persists 0.16 dollars, the USD may see a reversal, it is possible that it will recover the main resistance levels. However, if this level fails, the movement of the additional negative side will be possible, which may lead to a lower price withdrawal before finding a stable floor.
Merchants should monitor any signs to renew the purchase pressure or basic stimuli that can pay the next main step. Given the recent extremist fluctuations, the US dollar/dollar is likely to remain very volatile.
Solana Layer-2 Pressale rises to $ 21 million-Crypto Next explosion?
like The scale price continues to discharge, Solana Layer-2 Meme Coin Solaxy (SOLX) He continues to pump, exceed $ 21 million Teacher in the previous period.
The project comes in a timely manner for Solana, which faces high congestion caused by the high demand for the Sol. This has greatly tense Mainnet and layer 1 in the risk of delay and possible interruption.
The benefits of Solaxy can bring a tear to your eyes …$ Solx Strongly strike! 🛸🪐 pic.twitter.com/yquijimnys9
– Solaxy 𝕏 (SolaxyToken_ht). February 7, 2025
Using Layer-2 Sidechain, Solaxy will reduce this burden by processing, collecting transactions outside the chain, and then present them to the Solana 1 layer to check health. This approach enhances the efficiency of the network, reduces transaction fees, increases productivity, and places a Solaxy mode as a promising limitation solution for Solana.
An analyst of 99bitcoins, a famous YouTube encryption channel with more than 724,000 subscribers, expects that the Solx code can rise 100x when launch.
Investors looking for negative encryption bonuses can also join the Solaxy’s Presale Stoke, which provides a 196 % huge annual return.
Currently, the price of Solx 0.001636 is a dollar and can be purchased using Crypto or a banking card via a purchase tool on the project site.
Those who want to secure the distinctive SOLX symbols should act at the lowest rate of the race before a price increase in more than one day occurs a little.
Buy Solx codes here.
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