Ultron AI Quantitative Trading News Report!!!!
Investors are skeptical about the memecoin of the American medalist
American media personality and Olympic gold medalist Caitlyn Jenner has her own memecoin, which she promotes through her account on the social network X. The token, called JENNER, was launched on the Solana-based Pumpfun decentralized exchange. Immediately after publishing a series of tweets about the new memecoin, some of Jenner's followers said that the celebrity's account was most likely hacked by scammers. American rapper Rich the Kid even found similarities with the hacking of his account. User X, who goes by the nickname CodeXBT, said that the same attacker from the AVAX ecosystem, called Sahilsays, was behind the fake cryptocurrency ads of the two celebrities. Caitlyn Jenner and her manager Sophia Hutchins assured the crypto community that the account had not been hacked and that the tweets were written by the celebrity herself.
A well-known analyst in the cryptocurrency community warns that altcoin season is already here. This is what the latest whale actions suggest, points out an analyst with the username Cyclop on X (formerly Twitter). Analyst Predicts Altcoin Season According to Cyclop's analysis, many altcoins could generate 100x returns in the upcoming season. He believes that it is crucial to understand strategic positioning, as well as: identify the best entry point; know when to sell at all-time highs (ATH). Typically, bullish trend phases last about three months. This has happened in all previous cycles and is likely to happen again in 2024.
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