🐶 Exploring DOGE's potential to shock the market

Yo, crypto bros and blockchain babes! 🤙 What's crackin' in the cryptoverse? Ready to make those altcoins dance and send those bears packing? Let's flip some sats and ride those green candles to infinity and beyond! 💸 Stay bullish, stay fly, and let's make it rain Bitcoin confetti! It’s your buidlbee crypto community team here, and here is what we have prepared for you today:

• New business surveys on crypto;

• Guessing what growth potential Dogecoin has;

• Technical analysis of Lido DAO ($LDO);

• How to get on Over Protocol's waitlist.

And first, the traditional top stories of the day:

• A court in Singapore has labeled cryptocurrencies as property in general.

• Binance is withdrawing its application for a license in Germany.

• Metamask added the L2 Linea network launched by ConsenSys to its wallet.

• Coinbase has opened trading services for 8 tokens for German residents, including HNT, BLUR, ARB, EGLD, 00, AUDIO, LDO, and ATA.

• The Supreme Court of England and Wales has ruled that self-proclaimed Bitcoin creator Craig Wright must forfeit $516K in costs. He had requested a complete ban on the promotion of BTC through trading platforms and the recovery of $500B in compensation.

• SlowMist has reported about a new malware called Realst, which mainly targets Apple macOS systems and spreads via fake blockchain games, including Brawl Earth, WildWorld, Dawnland, Destruction, Evolion, Pearl, Olymp of Reptiles, and SaintLegend.

• The top three richest crypto guys are: CZ (CEO of Binance) - $10.2B; Brian Armstrong (CEO of Coinbase) - $4.1B; and Chris Larsen (co-founder of Ripple) - $2.6B.

❗ More news from the U.S. economic

Another rate hike from the Fed is expected tomorrow, with the market predicting a near 100 percent chance of it happening.

Also of interest is that the SEC has labeled artificial intelligence "a threat to financial stability". Apparently, Henry Gensler wants to ban everything related to technology and progress in general.

🗺 Surveys show crypto's penetration into the real world

The Crypto Trends in Business report from Ripple analyzes the impact of the cryptocurrency and blockchain industries on traditional businesses and the financial sector.

• According to the document, more than 90% of global financial leaders believe blockchain will have a significant impact in the next three years.

• More than 70% of leaders confirmed that their confidence in the industry has increased markedly, with half of them planning to use cryptocurrency for payments.

• 79% of business leaders expressed interest in using cryptocurrencies in their professional activities, and 44% of financiers chose cryptocurrency as the best option for cross-border payments.

This survey once again shows a steady increase in the loyalty of ordinary businesses towards crypto, which is gradually leading to mass crypto adoption.

💲 Ideas

[1] 🔔 Amazing future for Dogecoin?

Elon Musk publicly states that payments will be integrated into X "later this year". Those looking to catch the future Dogecoin hype can start gathering the asset now. Given Elon's plans to make ex-Twitter the biggest financial hub, one should reconsider their flippant attitude towards DOGE.

After the rebranding, Musk changed his Twitter location to "𝕏Ð" which sparked rumors. "𝕏" represents the new "X" branding, while "Ð" stands for the iconic Dogecoin symbol. Is this a direct hint at a future symbiosis?

And so yesterday, Dogecoin posted its biggest one-day gain in 4 months, with open interest in its futures exceeding $500 million (indicating that many are reconsidering their attitude towards this meme coin). But this dog show hasn't really started yet; there is still time to decide whether to include Dogecoin in your portfolio.

[2] 🔔 Is there a silver lining? Analysis of Lido DAO ($LDO)

Lido DAO is a decentralized autonomous organization (DAO) that offers staking infrastructure for multiple blockchain networks.

At the time of writing, $LDO is at the level of $1.9. However, if the support level of $1.85 is broken, further decline is possible, with the lower range reaching around $1.40. Yet, historically, when the token reaches this level, there is a possibility of a positive reaction and rebound, according to MonoCoinSignal analysts.

So, here are two crucial support levels to watch for this token: The first support is at $1.61. If the price falls below that, the second support level is at $1.40. These support levels are considered important because they are associated with potential demand for the stock, and past behavior indicates a potential recovery from the $1.40 level.

*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.

[3] 🔔 Joining the Over Protocol waitlist

Over Protocol is a new Layer 1 blockchain. The development team has raised $8M from Schmidt, Naver Z, and others.

You can currently get on the whitelist for this project.

What to do:

• Go to the link,

• Click Drop me -> Take me,

• Click Join the waitlist now,

• Go through registration (nothing complicated),

• Invite friends.

Catch ya on the flip side, and may your wallets stay stacked with moon-worthy coins! Peace out and stay bullish, our fellow crypto heads! ✌️