Tesla Faces Turbulence as SAP Withdraws, Piper Slashes TargetsTesla (NASDAQ: NASDAQ:TSLA ), the electric vehicle juggernaut led by Elon Musk, witnessed a sharp decline of nearly 6% in its stock value on Monday. This downturn was triggered by a dual blow – German software firm SAP's decision to cease its purchase of electric cars from Tesla ( NASDAQ:TSLA ) and Piper Sandler's reduction in the stock price target. As the electric automaker's shares plummeted to $177.27, marking their lowest point since May 2023, concerns loom over Tesla's ( NASDAQ:TSLA ) market capitalization, with potential losses reaching a staggering $34 billion if the downward trend persists.
SAP's Decision and Delivery Woes:
The catalyst for the stock plunge came with the revelation that SAP, a prominent German software firm, has opted to no longer source company cars from Tesla ( NASDAQ:TSLA ). Citing reasons such as delivery delays and price fluctuations, the move by SAP has added fuel to the fire, accentuating the challenges faced by the electric car giant. The German publication Handelsblatt reported the decision, sending ripples through the market and contributing to Tesla's already tumultuous week.
Piper Sandler's Grim Outlook:
Adding to the woes, Piper Sandler, a reputable brokerage, slashed its stock price target for Tesla ( NASDAQ:TSLA ), citing lower delivery expectations for the year. The brokerage now expects Tesla ( NASDAQ:TSLA ) to deliver 1.93 million vehicles in 2024, representing a modest growth rate of approximately 7%. This figure pales in comparison to the ambitious 50% growth target set by Elon Musk three years ago. The brokerage's concerns extend beyond the immediate future, expressing apprehension about potential price cuts due to an aging product lineup. As Tesla ( NASDAQ:TSLA ) grapples with these challenges, the stock price target was reduced from $295 to $225, intensifying the bearish sentiment surrounding the company.
Market Dynamics and Valuation
Tesla's price-to-earnings ratio of 57.75 times its 12-month forward earnings estimates is significantly higher than its peers such as Meta Platforms and Amazon.com, which have ratios of 24.10 and 40.97, respectively. This raises questions about the sustainability of Tesla's ( NASDAQ:TSLA ) current valuation, given recent setbacks and the overall market dynamics.
Elon Musk's Warning and Consumer Demand:
CEO Elon Musk's warning about sluggish consumer demand due to high interest rates adds another layer of complexity to Tesla's ( NASDAQ:TSLA ) challenges. Despite refreshing the styling and features of the Model 3 compact sedan, concerns linger about the impact of interest rates on consumer preferences, potentially impacting the demand for Tesla's offerings.
Conclusion:
As Tesla ( NASDAQ:TSLA ) grapples with a confluence of challenges – from SAP's withdrawal to Piper Sandler's grim projections – the electric vehicle giant finds itself at a crossroads. The stock's recent downturn prompts investors and industry observers alike to closely monitor how Tesla navigates these turbulent waters. Whether the company can regain momentum, address delivery issues, and rekindle investor confidence remains to be seen, but one thing is clear – the road ahead for Tesla ( NASDAQ:TSLA ) is anything but smooth.
Elonmusk
tesla ---> short position hello guys...
I had previously signaled the Tesla shorts, but the previous series reached $102:
as you can see tesla engulfed two supply and demand zones and it is so possible if it touche next one! ($70 level)
now the price is on the descending trendline and QML as well
I believe the downward is so probable!
let's see what happens,
by the way, the first target is $107
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
DOGE Dogecoin and the XPayments integration!If you haven`t bought the dip on DOGE here:
Then you need to know that it potentially has a significant upcoming catalyst!
The recent launch of XPayments has generated excitement around $DOGE.
There is speculation about whether Elon Musk will fulfill his promise to accept #Dogecoin payments on X.
The unveiling of a new payments account by X opens up the possibility of #Dogecoin becoming a payment option.
The GitHub account of X (Twitter) Developers apparently includes code mentioning DOGE.
If an integration with X payments materializes, things could become very intriguing and fast-paced for Dogecoin and other dog-themed meme coins. 🚀
I am optimistic about Dogecoin's potential to achieve a new all-time high!
Looking at the chart, it seems that DOGE has reached the institutional support of the 0.618 Fibonacci retracement level, from which I expect to see at least a technical rebound soon.
My next price target is $0.11!
BTC Bitcoin Potential Rally soon!!I told you about the 'buy the rumor, sell the news' strategy on the Bitcoin ETF approval in the last article
We approached the price target of 39K last Friday, and I believe that was the last dip for now!
With the stock market at an all-time high, I anticipate crypto assets to follow suit.
Elon Musk is likely to implement Bitcoin and DOGE on his new platform, X Payments.
So, yes, exciting times ahead!
According to Elliott waves, the next price target for BTC is $43,500.
Tesla's $55.8 Bil Pay Package Voided: A Legal Blow to Elon Musk
In a legal setback for Tesla ( NASDAQ:TSLA ) CEO Elon Musk, a Delaware judge has invalidated the astronomical $55.8 billion pay package awarded to him by the electric vehicle giant in 2018. The ruling, following a shareholder lawsuit, not only impacts Musk's financial standing but also prompts questions about corporate governance and executive compensation practices. As Bernard Arnault surpasses Musk to become the world's richest person, the court decision sheds light on the intricacies of Musk's compensation, revealing a flawed process and raising concerns about the board's susceptibility to Musk's influence.
The Contested Compensation:
The $55.8 billion pay package, granted to Musk in 2018, faced scrutiny when shareholder Richard Tornetta filed a lawsuit, alleging its excessiveness and lack of alignment with shareholders' interests. During the week-long trial, Tesla ( NASDAQ:TSLA ) directors defended the massive payment, arguing it was crucial to retain Musk's dedication to the company. However, Judge Kathaleen McCormick highlighted the board's vulnerability to Musk's "superstar appeal" and the extensive personal ties between Musk and the officials negotiating the package.
Judge's Ruling and Criticisms:
In a 200-page ruling, Judge McCormick described the $55.8 billion sum as "unfathomable" and criticized the flawed process leading to its approval. The judge emphasized Musk's influential position within the company, citing his "Superstar CEO" status and the close relationships between Musk and the officials responsible for negotiating the compensation. The ruling not only voids the compensation package but also prompts a reevaluation of the corporate governance practices at Tesla ( NASDAQ:TSLA ).
Market Impact and Musk's Response:
Following the court decision, Tesla's ( NASDAQ:TSLA ) share price experienced a more than three percent decline in after-hours trading. Musk, responding on X (Formerly Twitter) (x.com), advised against incorporating companies in Delaware, the state where Tesla ( NASDAQ:TSLA ) is incorporated. The market's response indicates the potential ripple effects of this legal blow on Tesla's valuation and raises questions about the company's future leadership and strategic decisions.
Implications for Corporate Governance:
The court ruling raises broader questions about corporate governance practices within Tesla ( NASDAQ:TSLA ). Judge McCormick's critique of the flawed negotiation process and Musk's extensive ties with the decision-makers highlights the need for transparent and independent decision-making in corporate boardrooms. The case serves as a cautionary tale for companies relying heavily on charismatic leaders and emphasizes the importance of rigorous governance structures.
Conclusion:
The voiding of Elon Musk's $55.8 billion pay package by a Delaware judge sends shockwaves through the corporate world, prompting discussions about executive compensation, corporate governance, and shareholder interests. As Tesla ( NASDAQ:TSLA ) navigates the aftermath of this legal blow, the case serves as a reminder for companies to reevaluate their compensation practices and governance structures to ensure transparency, independence, and alignment with shareholder interests in an era where corporate leadership is under increasing scrutiny.
it's time to going up for TSLAbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
*************************************************
if you want to enter in this position:
Enter Price: 237.90
Target1: 253.88
Target2: 272.02
Target3(Final Target): 289.90
Stoploss: 212.99
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
please do comment and like my idea
If you like my idea show me in comment section
doing and living in the best quality
thanks of all of you dear's ;)
it's time to going down for USDT.DUSDT.D it connected to cryptocurrency market directly...
if it goes down cryptocurrency market is bullish and if it goes up own cryptocurrency market is bearish
*************************************************
Enter Price: 6.22
Target1: 6.12
Target2: 6.00
Target3(Final Target): 5.88
Stoploss: 6.34
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
please do comment and like my idea
If you like my idea show me in comment section
doing and living in the best quality
thanks of all of you dear's ;)
Dogecoin's Explosive Growth: New Addresses Surge 1100%Dogecoin ( CRYPTOCAP:DOGE ), the beloved meme coin, is making headlines once again as it experiences an unprecedented surge in growth, leaving enthusiasts optimistic about the possibility of a substantial rally. Renowned crypto analyst Ali Martinez recently shared a chart revealing a staggering 1,100% increase in new Dogecoin addresses over the past week. This surge has sparked speculation within the crypto community, with many anticipating a potential CRYPTOCAP:DOGE price rally to the much-awaited $0.1 mark. We'll delve into the factors behind Dogecoin's recent growth, explore the impact on its price, and examine the broader context of its rising popularity.
Dogecoin's Address Growth Breaks Records:
Ali Martinez's analysis highlights a remarkable surge in new Dogecoin addresses, reaching an all-time high on January 29 with 247,240 new addresses created in just one week. This astonishing 1,100% increase in network expansion has captivated the Dogecoin community and triggered speculation about its potential influence on CRYPTOCAP:DOGE prices. The sustained uptrend in new addresses, if maintained, could pave the way for positive price movements, according to Martinez.
CRYPTOCAP:DOGE Price Amid Rising Popularity:
Market analysts and enthusiasts are closely monitoring Dogecoin's trajectory, with many eyeing the significant milestone of $0.1. Ali Martinez's positive outlook has added fuel to this speculation, generating curiosity and interest among investors. The dynamic nature of the crypto market is evident as discussions abound regarding the potential catalysts behind Dogecoin's recent surge.
Institutional Acceptance and Influential Figures:
Dogecoin's popularity surge is not without external influencers. Tesla CEO Elon Musk, a vocal supporter of Dogecoin, recently announced a new "Payments" account through his company X, prompting discussions about its potential impact on CRYPTOCAP:DOGE 's performance. Additionally, Dallas Mavericks owner Mark Cuban confirmed ongoing support for Dogecoin as a payment method for the NBA team. This reaffirms the growing acceptance of cryptocurrencies in mainstream sports partnerships, signaling broader adoption beyond the crypto community.
Inherent Volatility and Investor Alertness:
As of the latest data, Dogecoin's price has experienced a 3.13% increase over the last 24 hours, trading at $0.08114, with a trading volume surge of 140.03% to $566.98 million. The crypto market's inherent volatility is keeping investors on high alert, ready to capitalize on potential gains amid the Dogecoin frenzy. The price fluctuations, coupled with the increased adoption by influential figures and institutions, contribute to an environment of excitement and anticipation within the crypto community.
Conclusion:
Dogecoin's( CRYPTOCAP:DOGE ) recent surge in new addresses, coupled with influential endorsements and institutional acceptance, has fueled optimism among enthusiasts. The prospect of reaching the coveted $0.1 milestone has become a focal point of discussions within the crypto community. As Dogecoin's popularity continues to soar, investors remain vigilant, navigating the volatile market landscape in anticipation of potential gains amidst the Dogecoin frenzy. The coming days will undoubtedly be crucial as the community eagerly awaits whether this momentum will indeed translate into the anticipated $0.1 price tag for Dogecoin.
BEST TIME TO BUY GROK?As i was taught, the best time to buy is when others are fearful and the masses have sold their losing positions and walked away with their tail between their legs
Only then will you see a true reversal occur
This move down looks manipulated to me and is likely a move to stop out over leveraged long traders and get rid of the jeets that do not like to hold on to losing positions understandably, that is how the human brain thinks and reacts based on trading psychology
Seeing as Bitcoin and other tokens are in the green today i can see this making a break to the upside in spectacular fashion over the next few days/weeks/months
Taking note of the time of the month too we are 1 day away from a monthly candle close so a wick seems very likely
Selling pressure is decreasing, we have a bullish divergence on the RSI indicator and we have just tapped the 61.8% golden fibonacci ratio which more often than not gets lots of support from early buyers re buying the dip
If this fibonacci fails to hold then i would be looking at GROK possibly heading to make a new low or a double bottom at its all time low on this chart
All depends on the fundamentals too, we have to remember GROK is a meme coin with no roadmap and no team, their twitter account was suspended not long ago, and a while back ZachXBT exposed their twitter account for having launched a crypto scam previously
They have an extremely toxic community which is very bad for a supposed COMMUNITY DRIVEN project too which is not ideal in this situation
Make sure to keep up to date with everything you can and the liquidity pool is also handy to have on watch in case of sudden large removals
Thanks for reading!
GROK BULL RUN STILL POSSIBLEGood morning traders
A few days ago i posted about GROK and the potential it has of starting its bull run
We seen a heavy sell off last night back down to a previous support level that was set in the previous weeks
If we take a look at the volume it shows that it could be a measured move for traders to add more to their bags at lower prices before the bull market resumes
I am still very bullish on GROK at this time and the cup and handle pattern is still valid
An invalidation would be shown when the bottom of the cup pattern is breached and closed lower
Until then i will continue to add to my GROK holdings at a discount
Another thing to point out is we have now started to form a bullish ascending triangle pattern on all higher timeframes and we could be in for a bit of sideways action until around 4th February 2024 by which time i do believe we can break to the upside depending on other fundamental factors involved
Thanks for reading and if you could leave a like and a follow i would be very grateful as this helps me reach more users with my market analysis
MY TAKE ON COMMUNITY...
Do not join their telegram channel as if you ask any questions they will mute you pretty quickly and the moon kids will give you abuse for not living in pure hope alone, I found their community very toxic from the off and i left within 5 minutes, not a good luck for them as a team of mods with selective punishment based on their moon boy energy
Don't become a moon boy, it is not logical to invest in to something based on hope, do your own due diligence and more if you can to make yourself comfortable with your investment decisions
Enjoy the rest of your day!
Cathie Wood's Ark Invest Accumulates more Tesla Stock Cathie Wood's Ark Invest has once again made headlines with strategic moves in the financial markets. This week, the asset management firm not only increased its position in Bitcoin ETFs but also continued its buying spree for Tesla ( NASDAQ:TSLA ) shares, defying recent market fluctuations. Let's delve into the details of these notable transactions and explore the potential implications for investors.
Ark Invest's Bitcoin ETF Accumulation:
One of the standout moves by Ark Invest is its substantial investment in the Ark 21Shares Bitcoin ETF (ARKB). Recent reports reveal that Ark Invest added 127,435 ARKB units to its portfolio, bringing the total purchase this week to an impressive $51 million. This follows last week's acquisition of 1.04 million ARKB units worth $43 million, resulting in a cumulative investment of nearly $95 million. With ARKB boasting a market value of $529.18 million in Bitcoin as of January 26, Ark Invest's conviction in the cryptocurrency market remains steadfast.
The decision to increase ARKB holdings comes as Ark Invest systematically reduces its exposure to the ProShares Bitcoin Strategy ETF (BITO). The move indicates a strategic shift in Ark Invest's approach, possibly driven by changing dynamics in the evolving landscape of cryptocurrency investments.
Market Response to Bitcoin ETFs:
Notably, the prices of both BITO and ARKB ETFs experienced a boost following the release of PCE data showing a 2.9% inflation rate. ProShares Bitcoin Strategy ETF (BITO) closed 5.62% higher at $20.30, while Ark 21Shares Bitcoin ETF (ARKB) closed 5.39% higher at $42.02. This market response underscores the potential influence of macroeconomic factors on cryptocurrency-related assets.
Tesla ( NASDAQ:TSLA ) Stock on Ark Invest's Radar:
In addition to the bullish stance on cryptocurrencies, Ark Invest continues to show strong confidence in Elon Musk's Tesla ( NASDAQ:TSLA ). Following a $32 million investment in Tesla ( NASDAQ:TSLA ) stocks on Thursday, Ark funds doubled down with an additional $33 million worth of shares. Despite a 13.67% drop in Tesla's ( NASDAQ:TSLA ) stock price this week, Ark Invest's commitment to the electric vehicle giant suggests a long-term vision that transcends short-term market fluctuations.
Conclusion:
Cathie Wood's Ark Invest remains a trailblazer in the investment landscape, strategically navigating the complexities of both the cryptocurrency and traditional stock markets. The firm's emphasis on Bitcoin ETFs and unwavering confidence in Tesla ( NASDAQ:TSLA ) reflects a forward-looking investment strategy. As markets continue to evolve, investors will be keenly watching Ark Invest's moves for insights into emerging trends and potential opportunities in the ever-changing financial landscape.
Tesla's $50 Bil Plunge: Navigating Challenges & the Road Ahead
In a shocking turn of events, Tesla ( NASDAQ:TSLA ), the world's most valuable electric carmaker, saw its stock plummet by over 12%, wiping out a staggering $50 billion in market capitalization. The nosedive came on the heels of disappointing Q4 earnings, where Tesla ( NASDAQ:TSLA ) reported a 40% decline in earnings per share and warned of potentially lower growth in 2024. CEO Elon Musk attributed the slump to a price war with a Chinese-made rival, impacting the company's bottom line.
Challenges and Margin Pressures:
Tesla's fourth-quarter earnings fell short of analysts' expectations, with a gross margin of 17.6%, compared to 23.8% a year earlier. Automotive gross margin, a closely watched figure, dropped to 17.2%, reflecting a price war-induced strain. Musk acknowledged the challenges, particularly the pressure on profit margins, and warned that the company does not have a clear picture of how margins will evolve in 2024.
Redwood Initiative:
In a bid to revitalize growth, Musk announced an ambitious initiative to launch a new mass-market electric vehicle code-named "Redwood" by mid-2025. Described as a compact crossover, this move is crucial for Tesla ( NASDAQ:TSLA ) as it seeks to stay competitive and navigate the evolving landscape of the electric vehicle market. The announcement, however, raised questions about the timeline and potential impact on Tesla's ( NASDAQ:TSLA ) overall strategy.
Market Reaction and Investor Sentiment:
Unsurprisingly, Tesla's stock experienced a 12% decline, reaching $181.70 in Thursday's market action. With Musk's recent push to increase his stake from 13% to 25%, and his ambitious vision for Tesla ( NASDAQ:TSLA ) to become a leader in AI and robotics, investor sentiment has become a focal point. Musk's demand for more shares and voting power adds another layer of complexity to the company's future trajectory.
2024 Outlook and Uncertainties:
As Tesla ( NASDAQ:TSLA ) braces for a year of potential challenges, Musk emphasized the importance of executing key projects such as the next-generation vehicle, energy storage, and full self-driving. However, uncertainties linger, including the impact of ongoing price cuts, supply-demand dynamics in the electric vehicle market, and the evolving regulatory landscape.
Conclusion:
Tesla's recent financial turbulence underscores the inherent volatility of the electric vehicle sector. The Redwood initiative, though promising, adds an element of uncertainty to the company's future. As Tesla ( NASDAQ:TSLA ) navigates the challenges posed by a price war, shifting profit margins, and the impending launch of Redwood, stakeholders will be closely watching to see how the electric car giant adapts to this pivotal moment in its journey. The unfolding narrative of Tesla ( NASDAQ:TSLA ) in 2024 promises to be a story of resilience, innovation, and strategic decision-making.
TSLA is 2nd most oversold everThere was a plethora of PUT SELLING on NASDAQ:TSLA yesterday and the sellers must not be happy today. OUCH Most of the contracts were at least 6 months plus so they have time unless #Tesla stock gets put to them.
Weekly shows selling for last few weeks & the downtrend stopping all advances.
(not shown here, pls see profile for more info)
Daily, it's @ 2nd most oversold & the 1st was last year. It was not the norm until last year for Tesla to get this oversold.
Tesla - Make It Or Break ItHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
In 2020 we saw a major triangle breakout on Tesla which was followed by an incredible pump of +1.500%. Since 2021 Tesla has been again trading in a triangle pattern with support at the $120 level and at the $200 level. If Tesla breaks above the trendline mentioned in the analysis, I am looking for long setups. But Tesla could still also break below the $200 support area.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
TSLA Tesla Options Ahead of EarningsIf you haven`t bought the dip on TSLA stock:
nor sold the regional top:
Then analyzing the options chain and the chart patterns of TSLA Tesla prior to the earnings report this week,
I would consider purchasing the 220usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $7.05.
The stock is also oversold on the Daily timeframe. Looks primed for a rebound!
Elon Musk's xAI Secures $500 Million: The Race for AI Supremacy
In a bid to propel artificial intelligence to new heights, Elon Musk's startup xAI has recently secured a staggering $500 million in funding, aiming for a valuation between $15 to $20 billion, according to a Bloomberg report. The infusion of capital adds fuel to the already intense competition in the AI space, particularly between Musk's xAI and OpenAI, the company he co-founded. This development comes against the backdrop of Musk's persistent warnings about the potential risks and transformative impact of AI on humanity.
The Funding Race and Valuation Ambitions:
Musk's xAI had initially signaled its intent to raise $1 billion in funding through an equity offering, as revealed in documents submitted to the U.S. Securities and Exchange Commission. With Musk having already secured over $134 million at the time of notification, the recent injection of $500 million further underscores the significance and potential of xAI. The company is eyeing a substantial valuation between $15 to $20 billion, although terms remain subject to change. Musk has yet to publicly comment on the recent funding round.
The Musk-OpenAI Rivalry:
The race for AI supremacy has intensified since the launch of OpenAI's GPT-4 last year. Musk, always known for his ambitious endeavors, has been in direct competition with the company he co-founded, aiming to bring the next generation of generative AI to the market. Before the launch of Grok, xAI's AI model, Musk boldly claimed it to be the best currently available, emphasizing its real-time knowledge of the world through its connection to Twitter.
The Verbal Sparring and AI's Future Impact:
The rivalry between Musk and OpenAI reached new heights after the launch of Grok, with Musk and OpenAI's Sam Altman engaging in a public exchange of insults through their respective AI creations. Beyond the banter, Musk has consistently expressed both excitement and caution about the future of AI. He has warned that AI has the potential to threaten humanity by taking control of global computer and weapon systems. In a less alarming prediction, Musk also foresees AI eventually replacing humans in the workforce, reaching a point where no job is needed as AI systems become capable of performing every task.
Conclusion:
As xAI secures a substantial funding boost, the landscape of artificial intelligence becomes increasingly competitive. Elon Musk's ambitions for xAI, coupled with his cautionary remarks about the transformative power of AI, paint a picture of a future where technology may reshape industries and the very nature of work. The ongoing rivalry between Musk and OpenAI adds an intriguing dynamic to the narrative, underscoring the stakes involved in the race to develop and deploy the most advanced AI technologies. The recent funding injection into xAI amplifies the conversation around the evolving role of AI in society, prompting us to consider both the promises and perils that lie ahead in this rapidly advancing field.
BabyElon - First Major Correction Seems to be CompletedGreetings,
It feels like BabyElon may have completed the first major correction of it's life and is consolidating around the strong support of $0.0(11)800. If this support breaks we don't have much support until all time low.
If the consolidation succeeds, we can expect a breakdown soon specially with team expected to have a big announcement tomorrow. Once it starts to move up, previous levels of support will act as new levels of resistance.
1st target - $0.0(10)2300
2nd target - $0.0(10)3500 (beyond this we will start a new price discovery)
3rd target - $0.0(10)5000 (this will be a psychological resistance)
4th target - $0.0(9)10000 (we can potentially see another major correction at or before this level)
This coin is still very new but team has been avoiding the noise and doing their work as they should therefore in the long run it should keep growing but time will tell.
Please FOLLOW to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
DOGE Dogecoin New All Time High after X Payments integration???The recent launch of X payments has generated excitement around $DOGE.
There's speculation about whether Elon Musk will fulfill his promise to accept #Dogecoin payments on X.
The unveiling of a new payments account by X opens up the possibility of #Dogecoin becoming a payment option.
The GitHub account of X (Twitter) Developers apparently includes code mentioning CRYPTOCAP:DOGE , as confirmed by XPayments today.
If an integration with X payments materializes, things could become very intriguing and fast-paced for Dogecoin and other dog-themed meme coins. 🚀
I am optimistic about the potential for Dogecoin to achieve a new all-time high!
it's time to going up for SHIBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
*************************************************
if you want to enter in this position:
Enter Price: here
Target1: 0.000010219
Target2: 0.000010866
Target3(Final Target): 0.000011544
Stoploss: 0.000009090
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
please do comment and like my idea
If you like my idea show me in comment section
doing and living in the best quality
thanks of all of you dear's ;)
it's time to going up for USDT.Dbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
*************************************************
if you want to enter in this position:
*(enter price and stoploss will be active after breakout red line)*
Enter Price: 6.02-5.90
Target1: 5.81
Target2: 5.76
Target3(Final Target): 5.64
Stoploss: 6.10
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
please do comment and like my idea
If you like my idea show me in comment section
doing and living in the best quality
thanks of all of you dear's ;)
Flitpay Embrace Propels Dogecoin ($DOGE) into New Heights
the canine-themed memecoin Dogecoin ( CRYPTOCAP:DOGE ) has once again grabbed the spotlight as it gains exposure with a new listing on the Indian cryptocurrency exchange, Flitpay. This move not only marks a significant milestone for Dogecoin but also sets the stage for potential price surges in the near future.
Flitpay Listing:
The announcement of Dogecoin's availability on Flitpay was met with enthusiasm, as the exchange confirmed the news through a post on the X app. Users can now seamlessly deposit and withdraw CRYPTOCAP:DOGE on Flitpay, with an added incentive of a 1% assured bonus for those making deposits. To further promote the listing, Flitpay is encouraging users to share the news, offering up to 20 CRYPTOCAP:DOGE tokens as rewards. This development adds to the growing list of achievements for Dogecoin in recent months.
Binance Margin Trading Pairs:
In a series of strategic moves, leading cryptocurrency exchange Binance introduced new margin trading pairs for Dogecoin alongside other prominent cryptocurrencies like Cardano (ADA), Avalanche (AVAX), and Polygon (MATIC). The December announcement resulted in a significant surge in Dogecoin's price, marking the most substantial increase since the Q3 rally commenced in October.
Ecosystem Activity Surge:
The Dogecoin ( CRYPTOCAP:DOGE ) ecosystem experienced a surge in activity, witnessing up to five million addresses with balances and a substantial increase in transactions. This sudden spike in activity is believed to have triggered the notable price jump. Despite a recent minor fluctuation in price, experts posit that the dip suggests a considerable percentage of Dogecoin holders are currently in a profitable position, a scenario not observed since November 2023. This could indicate an expanding range of use cases and adoption for Dogecoin.
Market Overview:
As of the latest data, Dogecoin boasts a market capitalization exceeding $11.41 billion, securing its position as the tenth-largest cryptocurrency. The coin is currently valued at $0.07804, reflecting a 3.16% decrease in the past 24 hours. Despite this slight dip, market analysts foresee a potential reversal rally with a promising 30% upside potential, fostering optimism for bullish trends ahead.
Whale Activity and Future Predictions:
While predictions abound regarding new highs for the memecoin, it's worth noting that Dogecoin whales have been actively managing their sizable holdings. This dynamic adds an element of intrigue to the overall outlook, leaving enthusiasts and investors alike on the edge of their seats as they anticipate the next moves within the Dogecoin ecosystem.
Conclusion:
The listing on Flitpay marks a fundamental development in the Dogecoin narrative, hinting at a bright future for the meme-inspired cryptocurrency. With a series of strategic partnerships, increased ecosystem activity, and a potential reversal rally on the horizon, Dogecoin continues to defy expectations and capture the imagination of the crypto community worldwide. As enthusiasts eagerly watch the charts, the embrace by Flitpay serves as a testament to the evolving and expanding influence of Dogecoin in the ever-dynamic world of cryptocurrency.
The Bullish Case for TESLAOne of the biggest misconception on Tesla is that it is just an Electric Vehicle Company but that is not the case. Tesla is also a Robotics, AI and energy company. If you look at it from that lens, TESLA is undervalued and has a great future!!
TESLA recently bounced off the $212 Support level and believe this is the start of a bullish trend. Targeting the $300 Price point and we may even see $300 by the end of 2024.
For context Elon recently tweeted this on TESLA
"I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I can't be overturned.
Unless that is the case, I would prefer to build products outside of Tesla. You don't seem to understand that Tesla is not one startup, but a dozen. Simply look at the delta between what Tesla does and GM. As far as stock ownership itself being enough motivation, fidelity, and other similar stakes to me, why don't they show up for work?"
In this tweet, Elon Musk expresses his desire for greater control over Tesla's direction as the company expands into AI and robotics. He believes that his current 13% stake in the company is not enough to make significant decisions in these areas.
Tesla has a great future and as long as Elon is the captain, this ship will continue to go to mars and beyond. cheers