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Home > News
Published: 07/03/2024
-
Author: Leexim
XRP Price Plummeted as Volume Peaked
Even though XRP experienced a price pullback on March 5, the 30-day MVRV still shows it remaining in profit territory. What is worth noting is that after the price increased again and reached the price range of 0.6 USD, the market showed positive elasticity.
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Table of Contents
XRP retreated after a recent string of gains, causing its price to surge and peak at $0.60. It is worth noting that there has been a significant increase in trading volume, and over the past 24 hours, there have been notable fluctuations in total supply and profits.
XRP drops more than 8%
XRP daily price trend
Source: Trading View
During March 5, XRP experienced a major price drop, falling more than 8% from its start at $0.64 to around $0.59. This is the largest correction in over six months, highlighted by the Relative Strength Index (RSI) taking XRP out of overbought territory.
However, at the time of writing, XRP price has recovered, increasing more than 3.8% and returning to the price range of 0.6 USD, trading around 0.61 USD. The RSI, after falling below the 60 level during the bearish phase, is now stabilizing near the 60 level.
XRP volume spikes to 6-month high
XRP volume
Source: Santiment
Another notable point is that XRP’s trading volume has skyrocketed to its highest level in the last 6 months. This increase is demonstrated by analysis of Santiment’s volume metrics, which show sharp ups and downs over several weeks, but with a consistent upward trend over the past 48 hours.
On March 5, XRP trading volume reached approximately $4.02 billion. In the latest update, this value has increased to around 4.3 billion USD, with indicators on the chart even reaching 4.9 billion USD.
This increase shows that during the March 5 sale, volume was mainly influenced by sellers. However, in the latest analysis, control over volume has shifted to the hands of buyers, contributing to an increase in value as trading volume increases.
MVRV and profit supply indicate profitability
Ethereum total supply in profit
Source: Santiment
MVRV and yield supply ratio represent the profitability of XRP. Before the price cut on March 5, the total profit supply reached nearly 90%. However, after the price adjustment, this ratio has dropped to about 84% at the time of writing.
Related: XRP Poised for a Significant Price Surge
The yield supply chart shows about 84 billion XRP in profit, compared to nearly 90 billion before the halving. Examining the 30-day MVRV ratio also shows volatility, from about 11% before March 4, falling to about 1% after the price drop. However, at the time of writing, it has rebounded by around 5%, highlighting just how remarkable and quick the market’s reaction to recent price movements has been.
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4.7/5
(3 votes)
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Anonymous
07/03/2024 at 11:32 am
能涨那么多吗，应该多买点，，。🇨🇳
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Home > Airdrops
Published: 07/03/2024
-
Author: Kane
Receive BTC Airdrop on BingX
BingX exchange launches a program to reward up to 1 BTC for all traders. Read more details here!
Table of Contents
Welcome Bitcoin breaking its previous all-time high 3 years ago, the cryptocurrency exchange BingX has launched a program named “Start Your BingX Journey with BTC Airdrop” with rewards paid in BTC. The total prize pool is up to 1 BTC equivalent to around $65,000.
Participants only need to complete simple tasks to receive a $30 BTC reward into their wallets.
Register on the BingX exchange to have the opportunity to participate (for new users) and receive thousands of incentives from us and BingX here.
Register to join the event “Start Your BingX Journey with BTC Airdrop” here.
The event runs from 2024-03-05 12:00 to 2024-03-15 11:59 (UTC).
Task details on BingX
Event Aidrop Btc Bingx
Make an Initial Net Deposit of 100 USDT or more & Earn: $5 BTC (limited to the first 7,000 participants).
Achieve a Trading Volume of 2,000 USDT or more & Earn:
$5 if the Trading Volume reaches over 5,000 USDT (limited to the first 7,000 participants).
$20 if the Trading Volume reaches 20,000 USDT (limited to the first 7,000 participants).
Complete all tasks to share a prize pool of 1 BTC.
Related: WX Listing Carnival on BingX
Event Rules
Event Period: From 12:00 on 05-03-2024 to 11:59 on 15-03-2024 (UTC).
During the event, new users who register and complete all tasks will have the opportunity to share 1 BTC, with no limit on the number of participants. For example: During the event period, if there are already enough participants for deposit and trading activities, you can still participate in the celebration event to share 1 BTC by completing deposit and trading tasks.
The event is only available for new users who sign up during the event period.
Users must register for the event to participate.
All tasks are independent of each other. Users can receive rewards from each task respectively. Please note that only on-chain deposits are counted (exclude Buy Crypto with Cards and P2P Trading). Any withdrawals during the event will affect users’ qualifications to receive rewards.
Rewards are limited to the first 7,000 new users.
Only trades held for over 1 minute are included in the statistics of this event.
Rewards will be issued within 72 hours after the event.
BingX reserves the right to disqualify trades deemed to be wash trades or from illegally bulk registered accounts, as well as trades that display self-dealing or market manipulation attributes.
BingX reserves the right to the final interpretation for this event.
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#Airdrop
#BingX
#btc
4.8/5
(37 votes)
Avatar of M Javed
M Javed
07/03/2024 at 7:18 am
Excited
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Avatar of okaforeugene30@gmail.com
okaforeugene30@gmail.com
07/03/2024 at 7:36 am
Super impressive 🚀
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Avatar of Jumari
Jumari
07/03/2024 at 7:40 am
Projects yang bagus dan keren 🎉👍🥰
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Avatar of Nafisa Muntala
Nafisa Muntala
07/03/2024 at 7:41 am
Azcoin is the best
Like Reply Share
Avatar of
Anonymous
07/03/2024 at 12:21 pm
This app is wonderful
I love it
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Avatar of PAPAYAB
PAPAYAB
07/03/2024 at 7:46 am
nice
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Avatar of stevanus arbiantoro setiawan
stevanus arbiantoro setiawan
07/03/2024 at 7:46 am
good..project
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Avatar of PAPAYAB
PAPAYAB
07/03/2024 at 7:46 am
niceeeee
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Avatar of Balmukund
Balmukund
07/03/2024 at 7:48 am
This is very nice app AZC
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Avatar of Kenneth N Amalebo
Kenneth N Amalebo
07/03/2024 at 9:34 am
Good one
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Avatar of SERME Nicaise Dioma
SERME Nicaise Dioma
07/03/2024 at 10:54 am
BTC est la meilleure
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Avatar of Syed umar Shah
Syed umar Shah
07/03/2024 at 7:49 am
Nice initiative keep it up
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Avatar of M.ismaeel noor
M.ismaeel noor
07/03/2024 at 7:51 am
Btc is a king coins
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Avatar of IRADUKUNDA Eric
IRADUKUNDA Eric
07/03/2024 at 7:56 am
Thanks for giving the Airdrop
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Avatar of Muhammad sajid ali
Muhammad sajid ali
07/03/2024 at 7:57 am
nice app
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Avatar of Óscar
Óscar
07/03/2024 at 7:59 am
Muy buena la propuesta
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Avatar of Rudra prasad phuyal
Rudra prasad phuyal
07/03/2024 at 8:02 am
Yes I needs
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Avatar of Mohammed Arshad
Mohammed Arshad
07/03/2024 at 8:07 am
Btc is life ❤️ style
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Avatar of vhiezadevammarpasha
vhiezadevammarpasha
07/03/2024 at 8:13 am
Great airdrop
Like Reply Share
Avatar of Billi Sue
Billi Sue
07/03/2024 at 8:16 am
None of these work for people in usa
Like Reply Share
Avatar of Imam syafii
Imam syafii
07/03/2024 at 8:18 am
Gimana cara ikuti airdrop nya?
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Avatar of Hein Soe Htun
Hein Soe Htun
07/03/2024 at 8:22 am
I waiting airdrop This project successful
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Avatar of Sufyan
Sufyan
07/03/2024 at 8:23 am
BingX is the good exchange for trading is have a best team to operate for all this.
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Avatar of Maqeelnasir05
Maqeelnasir05
07/03/2024 at 8:28 am
❤❤
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Avatar of
Anonymous
07/03/2024 at 9:05 am
Very good
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Avatar of
Anonymous
07/03/2024 at 9:08 am
Very good 💯
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Avatar of Sangga
Sangga
07/03/2024 at 9:23 am
Nice
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Avatar of MD MAHFUZER RAHMAN
MD MAHFUZER RAHMAN
07/03/2024 at 9:08 am
ok
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Avatar of Ravi Kumar
Ravi Kumar
07/03/2024 at 9:35 am
Nice App
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Avatar of Ohonsi Isaac Omon
Ohonsi Isaac Omon
07/03/2024 at 10:08 am
I need good achievement in this project.
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Avatar of Olowo Ahmed Damilare
Olowo Ahmed Damilare
07/03/2024 at 10:43 am
Very good 💯👌🏾
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Avatar of Laksh Man
Laksh Man
07/03/2024 at 11:34 am
Just registered with AZC referral link 🚀
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Avatar of Aazar
Aazar
07/03/2024 at 12:04 pm
Nice
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Avatar of
Anonymous
07/03/2024 at 12:09 pm
Azc is best
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Avatar of Jerome Beniga
Jerome Beniga
07/03/2024 at 1:11 pm
Nice Project 💯🙂
Hope to see this good opportunity
Love to see what will happen 🤠
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XRP Price Plummeted as Volume Peaked
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BTC Coin BTC
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Home > News
Published: 07/03/2024
-
Author: Leexim
Telegram Shares 50% of Advertising Revenue, TON Increases Nearly 40%
With the new policy, Telegram is now on par with platforms like YouTube and X in sharing advertising revenue with users.
Azcnews (5)
According to an announcement from Pavel Durov, founder of the Telegram application, it is expected that Telegram’s advertising network will open to advertisers in March. Notably, Telegram plans to share up to 50% of the revenue. advertising with the channel owner, as revealed by Durov on his official channel a week ago.
All payments and withdrawals will be processed on The Open Network (TON) blockchain, a system built by the company for the Telegram app since 2020, but currently maintained entirely by independent developers. In July 2023, Telegram reported 800 million monthly users.
Immediately after this information, the price of TON token – the native coin of the TON Network – increased sharply, nearly 40% from 2,155 USD to more than 2.92 USD. However, the price has since dropped and currently remains at $2.69.
Toncoin Price
Toncoin Price
Telegram has not yet responded to a request for comment from CoinDesk via their official media channel. Previously, Telegram announced plans to share revenue with some channel owners, according to information on their website. Channels on Telegram serve as one-way feeds where channel creators can post content to an unlimited number of registered users.
On his channel, Mr. Durov shared that “Popular channels on Telegram reach a total of 1,000 billion views per month, but only 10% of them are currently using Telegram Ads to make money, an advertising tool. The report is designed with privacy in mind.”
Telegram công bố chia sẻ 50% doanh thu quảng cáo với người dùng, giá đồng coin TON tăng vọt gần 40%- Ảnh 1.
Mr. Durov continued to announce, “In March, the Telegram Ad Platform will officially open to all advertisers in nearly a hundred new countries. Channel owners in these countries will start receive 50% of the revenue Telegram earns from ads appearing in their channels.”
Related: What is Toncoin and How Does It Work?
With this new announcement, Telegram will join the list of platforms like YouTube and X (formerly Twitter), which share advertising revenue with users. In the YouTube Partner Program, YouTube shares 55% of advertising revenue with content creators, while X has started sharing revenue with users from July 2023. Meta has also tested a payment model New payment for our Reels Ad monetization program.
Read More
4.8/5
(26 votes)
Avatar of Naveedmarwat
Naveedmarwat
07/03/2024 at 7:42 am
Az are the best
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Anonymous
07/03/2024 at 8:29 am
This is good project
I’m like this
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Avatar of Muhammad Sajid Arain
Muhammad Sajid Arain
07/03/2024 at 8:29 am
No doubt telegram is becoming leading social media network
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Olowo Ahmed Damilare
07/03/2024 at 10:36 am
Az is the Best
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Khalidkuf1
07/03/2024 at 1:47 pm
Telegram is the best leading social media network in the world
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Azcnews Breaking
News | Altcoin | Editor Choice 07/03/2024
Spain Suspends Worldcoin Operations
Spanish authorities have decided to temporarily halt Worldcoin's data collection through the "Orbs" eye-scanning sphere due to privacy risks associated with citizens' personal information.
Azcnews Breaking
Airdrops | Altcoin | Editor Choice | News 07/03/2024
Receive BTC Airdrop on BingX
BingX exchange launches a program to reward up to 1 BTC for all traders. Read more details here!
Azcnews (3)
News | Altcoin | Editor Choice 07/03/2024
XRP Price Plummeted as Volume Peaked
Even though XRP experienced a price pullback on March 5, the 30-day MVRV still shows it remaining in profit territory. What is worth noting is that after the price increased again and reached the price range of 0.6 USD, the market showed positive elasticity.
Azcnews Breaking
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Copyright 2024 © AZ Coinernleashes 1 Billion USDT
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Cryptocurrency Exchanges in Korea Surge Amidst Bitcoin Rally
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What is Portal? Information about PORTAL Token?
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Taiko Raises an Additional $15 Million in Series A Round
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