For those of you who are scratching your heads, the “pig” metaphor in the world of investing is actually a term of endearment for those disciplined souls who gradually build their positions and take reasonable profits. It’s a far cry from the “hogs” who take on excessive risks, often too late, and usually end up as the main course at the market’s dinner table. 🍗
“Sunsetting support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement,” said Paolo Ardoino, CEO of Tether, in a statement. Like, who doesn’t want to focus on the new hotness? 🌞
The token breached the $0.60 sloping resistance, reaching its highest level since mid-June. 📈
Instead of ChatGMT, let me explain how it translates market signals into trading strategies. It helps organize entry points, exit strategies, and risk management factors by considering both the technical and economic aspects of the market.
You may recall that our dear DonAlt, with his 670,000 followers on the X social media network, had previously foretold of a major rally in July. And lo and behold, his words came to pass! 🔮
Indeed, our canine friend has recently turned its fortunes, breaking past the $0.15 threshold—a place once deemed a mere doormat of its range. Following a revelatory engulfing candle, the market, having rallied with a refreshing volume spike, has indeed found its footing, reclaiming what noble traders call the point of control. All of this brings us to our present contemplation, hovering on the brink of resistance like an overzealous squirrel, unsure whether to leap or remain safely nestled in the trees.
Last Thursday, in a spectacle worthy of a Gogolian farce, the S&P 500 closed triumphantly at 6,280.46 points, parading a year-to-date gain of 7%. But hark! When tallied in the mystical currency of Bitcoin (BTC), this titan of finance has stumbled by 15% in 2025, as noted by the ever-wise market oracle known as The Kobeissi Letter.
Yes, indeed! The Ripple lawsuit is still tap-dancing about after that elusive SEC meeting. The Commissioners seem to be playing a game of limbo with their decisions—as if the bar of whether to drop the appeal is set just too low! XRP folks were clutching their pearls, hoping for a vote that might send the appeal packing. Alas, it appears their hopes have gone up in smoke, just like a delicious chocolate cake left out in the rain.
Alas, since the month of March in the year of our Lord 2024, SHIB has been ensnared within the gloomy grip of a downtrend! It did, at one point, bestride the lofty heights of $0.000045, only to plummet like a forgotten farce to a closing act of $0.000030. It has danced within a descending triangle pattern, a wretched merry-go-round, swaying under the heavy hand of bearish forces.
According to the esteemed DefiLlama, LetsBonk has generated a whopping $1.04 million in revenue, doubling Pump.fun’s paltry $533,412. It’s a veritable coup, and one that has left the memecoin community in a state of utter bewilderment. 😱
