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šŸ‘»šŸ’„šŸ‘» - Top 10 in Crypto this week. Plus our token pick for the week!

Issue #71

Issue: 71

Good Morning Cryptonauts. Weā€™re changing things up a bit here. Instead of starting with a few articles, we list 10 important highlights over the past week that you should know about. Then, we will list 3 specific tokens that we believe you should buy now. Then weā€™ll finish with the usual memes. Keep it simple. By the way, weā€™re also about to launch the presale for our upcoming meme coin. Stay tuned.

Have trading bots making money for you while you sleep.

Updated 08/15/24

Here are the top 10 things that happened in the crypto space over the past week:

Bitcoinā€™s Price Rollercoaster: Bitcoin decided to play coy, flirting around $59,000 while teasing us with resistance at $60,000. Because who doesnā€™t love a good game of ā€œwill it or wonā€™t itā€? šŸŽ¢

Ethereumā€™s Little Boost: Ethereum managed to gain a whopping 2.5% in value. Bravo, Ethereum! Itā€™s like watching your friend finally get off the couch after a week of binge-watching. šŸš€

U.S. Economic Data Drama: The latest U.S. economic data dropped, and surprise, surpriseā€”everyoneā€™s still obsessing over inflation. Who knew numbers could be so riveting? šŸ“ˆ

BTC and ETH: The Dynamic Duo: Bitcoin and Ethereum continued their love affair, with BTCā€™s mood swings dictating ETHā€™s every move. Itā€™s like a soap opera, but with more volatility and fewer commercial breaks. šŸ¤

Market Volatility, Again: The crypto market is as stable as ever, with Bitcoinā€™s price fluctuations sending other cryptocurrencies into a tizzy. Just another day in the wild world of crypto.

Altcoin Antics: Altcoins are still trying to find their footing, with some gaining ground while others take a nosedive. Itā€™s like a high-stakes game of musical chairsā€”good luck finding a seat!

Stablecoin Superstars: Stablecoins are hogging the spotlight, making up a good chunk of the crypto marketā€™s trading volume. Stability is the new cool.

Economic Woes: Disappointing U.S. economic data, including a drop in manufacturing and rising unemployment claims, has everyone on edge. Nothing says ā€œinvest with confidenceā€ like a looming recession.

Ethereum Futures Fiasco: ETH futures are still causing a stir, influencing market dynamics like a dramatic plot twist in a mediocre thriller. Canā€™t wait to see how that unfolds!

Institutional Interest is Back: The SECā€™s approval of spot Ethereum ETFs is expected to lure in institutional investors. Because nothing screams ā€œtrustworthy investmentā€ like a government stamp of approval!

Altcoin Pick of the Week:

TRON (TRX) - Yes, we know itā€™s not a sexy pick. Itā€™s our very first asset we bought way back in 2016, and if we had just kept buying, we would be a multi-millionaire off that alone by now. However, weā€™ve had a gut feeling that itā€™s still going to do big things. Hereā€™s a rundown of the on-chain activity:

Transaction Frenzy šŸŽ‰: TRON is on fire with a 29% increase in daily transactions, hitting a whopping 202.6 million in June. Everyoneā€™s bored and looking for something to do!

Address Boom šŸ’„: Active addresses jumped 31% to 2 million. Itā€™s like everyone just remembered they had a TRON wallet!

New Address Trend šŸ”¢: New addresses are on the rise for the third consecutive quarter. Apparently, starting fresh is all the rage.

Market Cap Winning Streak šŸ“ˆ: TRON's market cap has been climbing for six quarters. Are numbers going up? Shocking!

DApp Domination šŸ†: With over $8.2 billion in dApps TVL, TRON is flexing hard. Who needs market fluctuations when you can build a dApp fortress?

User Activity Explosion šŸƒā€ā™‚ļø: 181 million active addresses prove TRON is more than just a phaseā€”it's a full-blown lifestyle.

Global Crypto Transfers šŸŒ: TRON is making waves in global crypto transfers, expanding its reach beyond just crypto enthusiasts. World domination, anyone?

Future Plans šŸš€: TRON aims to integrate Bitcoin Layer 2 and offer gasless stablecoin transfers. Because why not remove all barriers to blockchain?

Justin Sun's Legacy šŸŒ: Founded by Justin Sun, TRON has gone fully decentralized and even partnered with the Commonwealth of Dominica. Just another day in the blockchain fairytale!

TRON is clearly on a roll, whether the world is ready for it or not!

šŸ‘» Spooky Crypto Memes

KLLR is coming. Watch for the Presale to get in before it goes to exchanges. This could be your chance to Lambo.

Share Ghost Financial Media with your friends/family who want to learn more about crypto and investing. Send them this link: ghostfi.beehiiv.com

DP

*DISCLAIMER: None of this is financial advice. This newsletter is strictly for educational and entertainment purposes; it 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 research.

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