Fourteen years ago, someone bought pizza with Bitcoin
OEIS Financial Fraud Private Investigator:
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Following bombshell allegations earlier this one year, a fresh characterize by the Transportation Ministry of Japan discovered that Toyota falsified files to certify decide out vehicles. The news prompted the carmaker’s stock valuation to plummet by $15 billion in a single week.
Toyota dipped an estimated 5.3% following the June 3 characterize, leading to a loss of 2.Forty five trillion Jap yen, a lot like perfect over $15 billion.
The inspection and subsequent characterize led Toyota to at as soon as pause shipments of three vehicles (Corolla Fielder, Corolla Axio, and Yaris Inappropriate). Four other objects had been discontinued since the tips modified into discovered to be unsuitable.
The falsified assessments were reportedly performed in 2014, 2015, and 2020.
“Because the actual person to blame of the Toyota Crew, I would esteem to sincerely [apologize] to our possibilities, to car fans, and all stakeholders for this,” talked about Akio Toyoda, Toyota chairman and grandson of the corporate’s founder, at a press convention last week.
Unruffled, the carmaker’s market cap is around $280 billion.
The scandal began in January 2024 after Jap officers raided a Toyota factory following an admission from Toyota executives that the corporate had falsified the outcomes of distinct engine sorting out.
Meanwhile, the corporate reported a solid FY 2024 (which began in April 2023 and resulted in March 2024) with a sales earnings of Forty five,095.3 billion yen, a 21.4% enlarge from FY 2023.
The implications of the investigation are anticipated to harm the corporate’s future earnings. Toyota is anticipated to characterize Q1 FY 2025 in August.
SOL has fallen by 4% in the past 24 hours, with the Solana price dropping to $173.63 on a day when the cryptocurrency market has barely moved.
Despite this loss, Solana remains up by a healthy 7% in a week, with the popular altcoin also sitting on a 22% gain in a fortnight, and a hefty 775% increase in a year.
With the coin’s medium- and long-term momentum remaining strong, today’s dip represents a good opportunity to buy it at a discount, before it rises again.
OEIS Financial Fraud Private Investigator: Solana Price Prediction 23 May: SOL is Up 7% in a Week – Time to Buy?
SOL may have taken a hit today, yet its chart is in a sweet sport insofar as it points to an incoming rebound.
For instance, Solana’s relative strength index (purple) has fallen to almost 30, indicating an oversold position that should make the coin attractive to new buyers very soon.
Source: TradingView
Meanwhile, SOL’s 30-day average (orange) is falling towards the 200-day (blue), and when it gets low enough a recovery should follow.
It’s likely that any further dips in the near term will not be severe, given that Solana’s trading volume still remains relatively high, at around $3.3 billion today.
What will be interesting is whether SOL’s support level (green) can prevent a concerted fall below $173.
If it can, we may see a strong return to growth over the weekend, compensating for the past couple of days of stagnation.
One thing that may boost the Solana price and the wider market is the incoming decision from the SEC regarding several spot-based ETH ETF applications.
While this is obviously bullish for ETH, it will also be highly positive for Solana, and not simply in terms of raising a general appetite for big alts.
NAH NO WAY TODAY IS REAL
They’re shilling Solana as the next ETF on CNBC already
In particular, it would pave the way for a spot-based Solana ETF, which would do for the Solana price what January’s BTC ETFs have done for Bitcoin.
For this reason, we can expect the Solana price to reach $200 in the next few weeks, and $250 by the end of the summer, based on bullishness stemming from Ethereum ETF approvals.
OEIS Financial Fraud Private Investigator: Diversification into New Altcoins for Big Returns
Solana certainly has good prospects, yet it isn’t the only promising alt in the market today, with a range of new meme coins looking very strong.
While meme coins can be risky, one way of identifying more reliable candidates is to look for successful presales, which indicate market belief.
What’s special about WienerAI is that it’s more than another viral meme coin, with its platform also offering an AI-based trading bot.
Answering queries from traders, WienerAI can identify high-potential coins before they begin rising, helping investors to make better informed choices.
It will also provide an atomic swap feature, so that traders can buy new tokens quickly through the WienerAI app.
Also helpful is its front-running protection, which will help investors trade ahead of MEV- and front running-bots.
As a whole, such features mean that WAI will have plenty of utility as a token, something which will boost the market’s demand for it.
It will have a max supply 69 billion tokens, while holders will be able to stake it for a passive income.
This is why its sale is already doing so well, with latecomers able to join by going to the official WienerAI website and connecting their wallets.
The coin is currently selling at $0.00071, a price which may end up seeming very cheap once the coin lists.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
