Bitcoin (BTC) and Ethereum (ETH) are surging as Furrever Token (FURR) offers a chance to earn $10,000
Furrever token
New York City, NY, May 4, 2024 (GLOBE NEWSWIRE) —
Amid the recent turmoil in the crypto markets, which was marked by a brief period of uncertainty, Bitcoin (BTC) and Ethereum (ETH) have proven to be beacons of resilience and are reaching new heights. But in the midst of this rapid development Furrever Token (FURR) has sparked a new wave of excitement by revealing a lucrative opportunity for investors: the chance to reap a sizable $10,000 reward. As BTC and ETH continue their upward trend, the allure of FURR's tantalizing competition adds an additional layer of intrigue to the already exciting world of cryptocurrency investing.
Bitcoin (BTC) shoots to $62,000 amid fresh bullish momentum
Amid a turbulent period in cryptocurrency markets, Bitcoin (BTC) is enjoying an impressive rally, rising almost 5% to around $61,857.26. This bounce follows a sharp decline below $57,000, with BTC up 5.2% in the last 24 hours. Market analysts are keeping a close eye on the critical $62,000 level, which has been identified as a key resistance point on BTC's daily chart. While some traders expect a bullish breakout, others warn of a strong rejection and emphasize the importance of sustained volume and a candle close above this threshold.
Technical indicators and on-chain data suggest various resistance levels and potential targets, with some analysts eyeing $82,000 as an initial target. Amid signals of stronger bullish momentum, Bitcoin's price action continues to attract attention, with a possible bull flag formation on the weekly chart signaling further upside potential towards all-time highs and beyond.
Ethereum (ETH) faces regulatory hurdles as an SEC decision looms
Amid regulatory uncertainty, the price of Ethereum (ETH) is currently around $3,081.29, up 3.5% since yesterday. As the deadline for the US Securities and Exchange Commission's decision on Ethereum exchange traded funds (ETFs) approaches, industry experts are expressing skepticism about the approval. Analysts such as Michaël van de Poppe and MicroStrategy CEO Michael Saylor doubt the likelihood of Ethereum spot ETF approval in May this year. Three prominent applicants, VanEck, Ark 21 Shares and Hashdex Nasdaq, face hurdles as the SEC examines underlying securities issues, potentially leading to postponements rather than outright rejections.
Concerns are being raised that Ethereum could be classified as a security by the SEC, a move that could impact not only Ethereum but other major cryptocurrencies and ETF applicants. In contrast, the Hong Kong crypto market is seeing significant growth with weekly inflows of nearly $300 million following the launch of Bitcoin and Ethereum ETFs. This departure from the US market, where spot Bitcoin ETFs are facing significant outflows, highlights the changing dynamics of global crypto investing.
The story goes on
Furrever Token (FURR): A whimsical journey through pre-sale success and cute crypto innovation
Furrever Token (FURR) is poised to captivate investors and accelerate them through the remaining pre-sale phases by leveraging a unique blend of charm and innovation. With a mission to bring an adorable dose of cuteness to the crypto space, FURR goes beyond traditional use cases and offers users an irresistibly charming experience.
In a market dominated by reputable blockchain projects, FURR stands out for cultivating a warm and friendly community centered around the universal appeal of adorable cat images. FURR's tokenomics is designed to incentivize participation with 65% of tokens available during the presale, creating numerous opportunities for early investors to secure their share of this whimsical ecosystem. Additionally, the team's commitment to transparency and longevity is demonstrated by the allocation of 10% of tokens that are locked for one year, reinforcing their commitment to the community.
Launching on a decentralized exchange (DEX) like PancakeSwap further improves accessibility and liquidity, ensuring a seamless experience for investors. The competition takes place on the Gleam platform and lasts seven days. Participants have the opportunity to collect points by completing various tasks. At the end of the frenzy, three lucky winners will each win a share of the prize pool of $10,000 in FURR tokens. The stakes are high: the first place winner will receive $5,000 worth of FURR, followed by $3,000 for second place and $2,000 for third place. The competition begins on May 2nd, 2024 at 12:00 p.m. (UTC +1) and ends on May 9th, 2024 at 12:00 p.m. (UTC +1). So put your skills to the test and take part in our chance to secure your place among the ultimate Furrever winners!
Participate in the Furrever token presale now:
Furrever Token official website
Visit the Furrever token presale
Join the Furrever Token Bonanza Contest
Join the official Telegram group
Follow the official X account
Media contact:
Robert Smith
https://furrevertoken.com/
[email protected]
Disclaimer: The information provided in this press release does not constitute a solicitation of investment nor is it intended as investment advice, financial advice or trading advice. It is strongly recommended that you exercise due diligence, including consulting with a professional financial advisor, before investing or trading in cryptocurrencies and securities.
CONTACT: Robert Smith Support at furrevertoken.com
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