Viewpoint: Meme coin is becoming a 'retail exploitation tool', violating the decentralized spirit of cryptocurrency

The current price of HTX-BTC is $82046.72, a decrease of 2.76% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 16.64 million US dollars, with multiple orders being the main liquidation. BTC liquidation amounted to 8.81 million US dollars (52.96%), and the data is for reference only.

BTC's perpetual current price is $82284.60, with a momentary dip and a possibility of price increase. Please pay attention to your position situation. Data for reference only Pin warning is monitored by AiCoin's custom indicators. Click "Sync Warning" on the PC to immediately receive the same pin warning!

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The 2-hour cycle K-line shows that although the current price is above the EMA24 and EMA52 moving averages, the latest K-line shows a cross star and gyro pattern, indicating an increase in market hesitation. Based on member indicators, there have been three consecutive large market sell orders in the past hour, with a cumulative sell of $12 million. However, the buying force has significantly weakened, and the main funds have shown signs of outflow, indicating that there may be short-term pressure. Further observation shows that the buying and selling forces have been basically balanced recently, but large transactions are concentrated around the key point of $83600, indicating fierce competition for this position. Combined with the convergence signal of KDJ index, the trend may reverse at any time. Open membership, track major large transactions, and gain early insight into market fluctuations! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.

Hayden Davis, the self-proclaimed”facilitator” of the controversial LIBRA token associated with Argentinian president Javier Milei, reportedly launched another memecoin which crashed 99% from its peak market cap of $40 million after its launch on March 8, according to blockchain analytics platform Bubblemaps. An Argentine prosecutor has asked a judge to issue an Interpol Red Notice for Davis, Fortune recently reported.