The Stacks bearish trend continues strongly. Having dropped below the $1.53 neckline, STX has plummeted 62% from its peak. Conversely, a significant ENS whale influence with a whopping $9.15 million deposit has triggered a 1041% spike in network inflows.
Web3Bay’s Stage 1 investors are positioned for a 6,430% ROI at launch, with the 3BAY token expected to jump from $0.003 to $0.1959. Beyond merely connecting buyers and sellers, Web3Bay aims to revolutionize the trillion-dollar e-commerce sector by granting its token holders governance and staking benefits.
Stacks Bearish Pattern Hints at Further Decline Below $1
Stacks, the layer-2 Bitcoin network token, has fallen 62% from its high of $3.86, now at $1.45. Despite a brief recovery, the current Stacks bearish pattern signals more losses ahead. The token has formed a head and shoulders pattern, typically a precursor to further decline after breaching the “neckline.”
Currently, the neckline is set at $1.53, already surpassed by the Stacks bearish pattern, with $1 being the next crucial support level. While the long-term view remains hopeful due to the foundational strengths highlighted by the Stacks founder, the immediate future seems uncertain.
ENS Whale Influence Sparks 1041% Jump in Inflows
A massive injection of 282,365 Ethereum Name Service (ENS) tokens, valued at $9.15 million, into Binance by a whale has caused a 1041% explosion in ENS inflows in just 24 hours. This move by the ENS whale, originating from the ENS DAO: Community Reward Funds wallet, netted the investor a $4.36 million profit amid favorable market conditions.
The price of ENS, now at $34.41, has rebounded from a recent low of $28.00, with increased buying activity counteracting selling pressures. The RSI at 50.86 indicates a balanced trend, with $32.00 as the support and $38.00 as potential resistance.
Did You Miss Web3Bay’s 6,430% ROI? There’s Still a 4,200% Gain Available!
Stage 1 investors in Web3Bay were poised for a remarkable 6,430% ROI upon its debut, underscoring the revolutionary shift it’s bringing to e-commerce. Initially offered at just $0.003 in the first presale, the 3BAY token has advanced to presale stage 4, now priced at $0.004562625, with an anticipated final price of $0.1959 at launch.
This Web3 cryptocurrency aims to overturn the conventional e-commerce framework. Shoppers benefit from an environment that values transparency, security, and adaptability, without hidden fees or data misuse. Sellers experience unparalleled freedom, unburdened by intermediaries or constrictive platform rules.
Beyond its role in transactions, the native 3BAY token provides purchase discounts and staking rewards, enhancing its utility and profitability. This melding of practical use and community governance positions this Web3 cryptocurrency as an investment that merges financial gains with real benefits.
With over $1000,000 amassed in presale funds and 260 million tokens distributed worldwide, Web3Bay is carving its niche in the trillion-dollar e-commerce market.
If you regret missing Stage 1 of Web3Bay’s presale, there’s still a chance to get involved. Even at the current Stage 4 price, a formidable 4,200% ROI by the launch is achievable. However, each presale stage raises prices and diminishes potential returns, making timely participation crucial.
Quick Overview
As the Stacks bearish pattern holds and STX price hovers at $1.45, investors wonder if the decline will stop or intensify. Simultaneously, the ENS whale influence exposes a harsh truth: smaller investors are often at the whim of larger market players who can sway market trends.
Contrastingly, Web3Bay’s decentralized platform promises to democratize e-commerce, offering early backers a possible 6,430% ROI at launch.
While Stage 1 investors of this prominent Web3 cryptocurrency are on track for massive returns, it’s not too late for newcomers. Currently priced at $0.004562625, Stage 4 participants can still achieve a potential 4,200% ROI at launch. But as stages advance, potential profits wane, so acting swiftly is key.
Join Web3Bay Presale Now:
Presale: https://web3bay.io/buy
Website: https://web3bay.io/
Twitter: https://x.com/web3bayofficial
Instagram: https://www.instagram.com/web3bayofficial/
This article is not intended as financial advice. Educational purposes only.
