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Welcome to the 36th edition of the Crypto Chronicle, brought to you by <a href="https://imperialwealth.com/consultation/crypto/coinstash" rel="noopener noreferrer" target="_blank">Imperial Wealth</a>.You can listen to todays episode <a href="https://open.spotify.com/episode/3TSjzFF9ZD1LRmH3CD2WHq?si=jj1W58SaQrqzHV7hRQgalg" rel="noopener noreferrer" target="_blank">here</a><a href="https://open.spotify.com/episode/0b39ruuit7QjyYV999i7xq?si=xHOfeQv-TH6UV2Y0Zg4oag" rel="noopener noreferrer" target="_blank">.</a><h2>News</h2><h3>US Legislators Push SEC for Bitcoin Options Trading Approval</h3>US lawmakers are pressing the SEC to allow Bitcoin options trading, aiming to end discrimination against cryptocurrency funds.&nbsp;Options grant buyers the right to buy or sell assets like Bitcoin at a fixed price by a set date. Flood and Nickel stress SEC approval’s importance for investor protection.&nbsp;The SEC is currently reviewing the impact of Bitcoin options on market stability and surveillance. Meanwhile, the SEC is delaying decisions on applications from major exchanges.&nbsp;Nasdaq, Cboe, and NYSE are seeking approval for Bitcoin options trading. The SEC invites stakeholders to provide feedback by May 15th and rebuttals by May 29th.Read more here:&nbsp;<a href="https://imperialwealth.com/news/us-legislators-push-sec-for-bitcoin-options-trading-approval" rel="noopener noreferrer" target="_blank">https://imperialwealth.com/news/us-legislators-push-sec-for-bitcoin-options-trading-approval</a><h3>Grayscale’s GBTC Bitcoin Exchange-Traded Fund Bounces Back with First Positive Inflows Since Launch</h3>Grayscale Investments marks a milestone with its first day of positive net inflows for the Grayscale Bitcoin Trust ETF, following four months of consecutive outflows since its transition to a spot Bitcoin ETF.&nbsp;On May 3, GBTC recorded $63 million in inflows, contrasting with $17.5 billion in outflows since the launch of spot Bitcoin ETFs. Franklin Templeton’s Bitcoin ETF saw record inflows, while others also experienced notable increases.&nbsp;The high fees of GBTC, at 1.5%, compared to alternatives, contributed to the outflows, along with selling pressure from bankrupt crypto firms.&nbsp;Investors express varied opinions, anticipating potential shifts in BTC’s trajectory. Exciting developments lie ahead.Read more here:&nbsp;<a href="https://imperialwealth.com/news/grayscales-gbtc-bitcoin-exchange-traded-fund-bounces-back-with-first-positive-inflows-since-launch" rel="noopener noreferrer" target="_blank">https://imperialwealth.com/news/grayscales-gbtc-bitcoin-exchange-traded-fund-bounces-back-with-first-positive-inflows-since-launch</a><h3>Former Binance CEO Changpeng Zhao Receives Four-Month Prison Sentence</h3>Changpeng Zhao, former CEO of Binance, has been sentenced to four months in prison for violating anti-money laundering regulations.&nbsp;Prior to sentencing, Zhao expressed remorse for his actions and emphasized his efforts to improve compliance at Binance during his tenure.&nbsp;US prosecutors depicted Zhao as negligent, facilitating illegal transactions worth over 100,000. Despite appeals for leniency, prosecutors sought a 36-month prison term, double the federal maximum.&nbsp;Zhao’s supporters highlighted his altruistic endeavors and portrayed him as a committed family man.&nbsp;The case underscores the importance of regulatory compliance in the cryptocurrency industry and the consequences of non-compliance.Read more here:&nbsp;<a href="https://imperialwealth.com/news/former-binance-ceo-changpeng-zhao-receives-four-month-prison-sentence" rel="noopener noreferrer" target="_blank">https://imperialwealth.com/news/former-binance-ceo-changpeng-zhao-receives-four-month-prison-sentence</a><h3>MicroStrategy Set to Introduce Bitcoin-Backed Decentralised ID Solution</h3>MicroStrategy, a major holder of Bitcoin, plans to launch a decentralised identity solution, MicroStrategy Orange, on the Bitcoin network.&nbsp;This initiative, presented by executive chairman Michael Saylor, aims to provide trustless and secure identities using only the Bitcoin blockchain.&nbsp;The system, comprising Orange Service, SDK, and Applications, enables users to issue and manage decentralized identifiers (DIDs).&nbsp;An example app, “Orange For Outlook,” enhances email security. Despite reporting a $53.1 million net loss for Q1, traditional accounting methods overlook the 65% increase in MicroStrategy’s Bitcoin value, valued at $15.2 billion.&nbsp;The company aspires to expand its applications across various sectors.Read more here:&nbsp;<a href="https://imperialwealth.com/news/microstrategy-set-to-introduce-bitcoin-backed-decentralised-id-solution" rel="noopener noreferrer" target="_blank">https://imperialwealth.com/news/microstrategy-set-to-introduce-bitcoin-backed-decentralised-id-solution</a><h3>Block, Led by Jack Dorsey, to Allocate 10% of Bitcoin Earnings for Monthly BTC Purchases</h3>Jack Dorsey’s company, Block, will invest 10% of its Bitcoin product gross profit monthly. They’ve held Bitcoin since Q4 2020 and Q1 2021, with 8,038 BTC worth $573 million as of March 31.&nbsp;Q1 2024 saw Block’s Bitcoin gross profit soar by nearly 60% to $80.1 million, while Bitcoin revenue surged 26% to $2.73 billion.&nbsp;Dorsey highlights Bitcoin’s importance for global financial empowerment but notes only a small fraction of resources are allocated to Bitcoin projects.&nbsp;Despite this, Block launched Bitkey Bitcoin wallet and plans a Bitcoin mining system.&nbsp;Dorsey believes the internet will adopt a native currency eventually.Read more here:&nbsp;<a href="https://imperialwealth.com/news/block-led-by-jack-dorsey-to-allocate-10-of-bitcoin-earnings-for-monthly-btc-purchases" rel="noopener noreferrer" target="_blank">https://imperialwealth.com/news/block-led-by-jack-dorsey-to-allocate-10-of-bitcoin-earnings-for-monthly-btc-purchases</a>Bitcoin Hits 1 Billion TransactionsThe Bitcoin network achieves a significant milestone, processing its billionth transaction after 15 years.&nbsp;<a href="https://d3vyioym9096bm.cloudfront.net/uploads/2024/05/06115734/6e4a6c53-e528-4b47-9ac8-7524293e92a6.jpg" rel="noopener noreferrer" target="_blank"><img src="https://d3vyioym9096bm.cloudfront.net/uploads/2024/05/06115734/6e4a6c53-e528-4b47-9ac8-7524293e92a6.jpg"></a>Transaction number 1,000,000,000 was recorded in block 842,241 on May 5, 15 years and four months after Bitcoin’s launch.&nbsp;Daily average transactions stand at 178,475 over 5,603 days. However, Lightning Network transactions are not included, estimated at 6.6 million in August 2023, suggesting hundreds of millions since 2018.&nbsp;Bitcoin’s daily transactions peaked at 926,000 during its fourth halving in April.&nbsp;The Runes protocol launch drove demand, yet daily transactions fell to 660,260 on May 4.&nbsp;Ethereum has processed over 2 billion transactions since July 2015.&nbsp;Bitcoin’s current price exceeds $64,000.Read more here:&nbsp;<a href="https://imperialwealth.com/news/bitcoin-hits-1-billion-transactions%E2%80%A6" rel="noopener noreferrer" target="_blank">https://imperialwealth.com/news/bitcoin-hits-1-billion-transactions…</a><h3>MoonPay broadens cryptocurrency choices through PayPal integration</h3>MoonPay expands its cryptocurrency options by integrating PayPal transactions, enabling US users to buy and sell Bitcoin and over 110 other cryptocurrencies via MoonPay.&nbsp;CEO Ivan Soto-Wright highlights the partnership’s significance, emphasizing its superiority over platforms limited to Ether or PayPal USD. The integration aims to improve conversion rates, leveraging PayPal’s broader acceptance compared to traditional banks.&nbsp;Established in 2019, MoonPay facilitates fiat-to-crypto transactions through various payment methods.&nbsp;Supported by Tiger Global, MoonPay collaborates with industry giants like Mastercard and BinanceUS.&nbsp;The PayPal integration initially targets MoonPay’s direct-to-consumer products, with plans for wider adoption among partners and expansion into UK and EU markets.Read more here:&nbsp;<a href="https://imperialwealth.com/news/moonpay-broadens-cryptocurrency-choices-through-paypal-integration" rel="noopener noreferrer" target="_blank">https://imperialwealth.com/news/moonpay-broadens-cryptocurrency-choices-through-paypal-integration</a><h3>Vodafone Explore Integration of Cryptocurrency Wallets With Sim Cards</h3>Vodafone, a UK-based telecom provider, plans to integrate blockchain into smartphones via SIM cards with cryptocurrency wallets.&nbsp;This aligns with Vodafone Idea’s financial strategy, involving significant debt and stakeholding. David Palmer, Vodafone’s Blockchain Lead, anticipates over 20 billion phones by 2030, with 8 billion being smartphones. He predicts 5.6 billion crypto wallets by then.&nbsp;Meanwhile, Vodafone pursues partnerships like the 10-year Microsoft alliance for AI services, highlighted by CEO Satya Nadella.&nbsp;This trend isn’t new; in 2019, VaultTel aimed to merge mobile tech with blockchain via physical wallets.&nbsp;Read more here:<a href="https://t.co/NsYYtm2cFF" rel="noopener noreferrer" target="_blank">&nbsp;https://imperialwealth.com/news/vodafone-explore-integration-of-cryptocurrency-wallets-with-sim-cards…</a><h3>Cryptocurrency Venture Capital Funding Reaches $1 Billion for Second Consecutive Month</h3>Cryptocurrency venture capital funding surpassed $1 billion for the second consecutive month in April, totalling $1.02 billion across 161 investment rounds, slightly down from March’s $1.09 billion.&nbsp;Notable raises included BlackRock’s $47 million investment in Securitize and Monad’s $225 million backed by Paradigm and Coinbase Ventures.&nbsp;Blockchain infrastructure startups received the most funding in 2024 at $1.7 billion, while decentralised finance protocols secured $626 million.&nbsp;Despite a pullback, the industry saw over $3.67 billion invested across 604 rounds, inching closer to 2023’s $9.3 billion. Pantera Capital and Paradigm aim to raise $1 billion and $850 million respectively.Read more here:<a href="https://t.co/DpEBDJzg0z" rel="noopener noreferrer" target="_blank">&nbsp;https://imperialwealth.com/news/cryptocurrency-venture-capital-funding-reaches-1-billion-for-second-consecutive-month…</a><h2>Technical Analysis</h2>So much has happened this week!To summarise:<ul><li>Bitcoin was at $63.2k after putting in a triple bottom</li><li>To round out the month of April, and all its bearish fundamentals (war fears, TGA, TPs, outflows of ETFs, blah blah), we had one last dip into the $57-$59k liquidity zone that sat under range lows</li><li>We dipped as low as $56.3k, spending about 24 hours consolidating in between mainly $57k and $59k, before reclaiming prior range lows and sending it back into our range</li><li>Since, we have reclaimed $61k and bullish price action has ensued, with BTC recently reaching as high as mid $65k’s, before filling a CME gap that was produced via weekend price action, and now we trade just south of $64k</li></ul>In last weeks chronicle I stated:“….There are two serious areas of liquidity on either side of this range now:To the downside, you can see our triple bottom formed around $60k, with our utmost range low yet to be tested/grabbed. I am not ruling out if we see a few more bearish days/weeks that this area can’t be visited. This would hit a HUGE liquidity zone around $57,000-$59,000/USD which would mark a new range low, take out all liquidity to the long side, and could present a very bullish reversal. I would be buying here and dollar-cost-averaging (DCAing) if so. I would also trigger some short term trades/leverage plays with strict invalidation (stop losses) below this level…”This is exactly what has happened since we last spoke.We have taken out range lows, grabbed all of that liquidity, and had a very bullish reversal.Please see the chart below:<a href="https://d3vyioym9096bm.cloudfront.net/uploads/2024/05/07151253/BTCUSD.P_2024-05-07_15-12-42_04fe4.png" rel="noopener noreferrer" target="_blank"><img src="https://d3vyioym9096bm.cloudfront.net/uploads/2024/05/07151253/BTCUSD.P_2024-05-07_15-12-42_04fe4.png"></a>This was the exact same chart shown in last weeks Chronicle.I am hoping for bullish continuation into next week.My sights are on reclaiming $67k first, then all-time-highs from there.It’s important to note we are currently playing out the Fractal I have provided in the past.Please see the chart below:<a href="https://d3vyioym9096bm.cloudfront.net/uploads/2024/05/07150827/BTCUSD.P_2024-05-07_15-08-06_681b3.png" rel="noopener noreferrer" target="_blank"><img src="https://d3vyioym9096bm.cloudfront.net/uploads/2024/05/07150827/BTCUSD.P_2024-05-07_15-08-06_681b3.png"></a>Even more important we hit the exact level of interest I have been sending out for 2-3 months.Please see the chart below:<a href="https://d3vyioym9096bm.cloudfront.net/uploads/2024/05/07150729/BTCUSD.P_2024-05-07_15-07-20_f9b21.png" rel="noopener noreferrer" target="_blank"><img src="https://d3vyioym9096bm.cloudfront.net/uploads/2024/05/07150729/BTCUSD.P_2024-05-07_15-07-20_f9b21.png"></a>Any further major levels hit below, I trade!Any dips, I will eat!The trading academy got some buys out, short term trades, and I want to quickly run back over what that service now entails:<ul><li>SHORTER TERM TRADES (NO LEV)</li><li>SHORT TERM LONGS (LEV)</li><li>SHORT/LONG TERM SHORTS (HEDGING)</li><li>VIDEO CONTENT/LIVESTREAMING</li><li>RESEARCH REPORTS</li></ul>These are huge new additional features that have been added to our premier Cryptocurrency service.If this interests you,&nbsp;<a href="https://imperialwealth.com/consultation/crypto" rel="noopener noreferrer" target="_blank">feel free to book a free online consultation here!</a>Or shoot Taylor or I a message on Discord!<h2>Cryptocurrency Mining</h2>Btc has seen a drop back in hashrate which was expected, the average now sits at 614eh but the live rate is as low as we have seen since pre March at 518eh.&nbsp;This is the drop we were waiting for. Difficulty is set to drop by 5%, 2 days out from an adjustment which is welcome relief.&nbsp;Block fees are still varying, we saw a brief run up to 0.8btc per block additional which was over the weekend, now has dropped back to 0.3-0.4Btc.&nbsp;Around the networks:Doge and LTC has seen some significant drops in difficulty, ranging from 10-18% in the past 7 days with a Doge 8% jump in price which gives increased profitability.&nbsp;Kaspa remains consistent with a 4% jump this week in difficulty.&nbsp;CKB was the big mover with a 37% drop in difficulty.&nbsp;Dash has seen a 20% jump in difficulty due to more D9s becoming available.

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Crypto Chronicle - 07/05/24

<h1>NEXA Trading Competition</h1>Coinstash is excited to announce a new NEXA trading competition.Simply trade A$250 in NEXA tokens to be entered into a draw for a chance to win up to $5,000 USDT.&nbsp;Increase your chances of winning: get one ticket per A$250 traded, and five tickets for every A$1,000.Campaign Period: 2 May 2024, 12:30 AEST – 15 May 2024, 23:59 AEST<h2>How to participate:</h2><ol><li>Sign up or sign in to <a href="https://coinstash.com.au/auth/signin" rel="noopener noreferrer" target="_blank">Coinstash</a>.</li><li>Buy, sell or trade at least A$250 worth of <a href="https://coinstash.com.au/nexa/buy" rel="noopener noreferrer" target="_blank">NEXA</a>.</li><li>Enter the draw and stand a chance to win up to $5,000 USDT.</li></ol>Total Reward Pool: $5,000 USDTThree lucky winners will be chosen through a random draw using a number generator. Each will receive a share of the $5,000 USDT reward pool, allocated according to the prize distribution table provided below:

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<h2>Terms and Conditions</h2>Promotion Terms and Conditions can be found <a href="https://help.coinstash.com.au/en/article/nexa-trading-competition-2024-18zfrhk/?bust=1714522995989" rel="noopener noreferrer" target="_blank">here</a>.

Disclaimer: This article and its contents are intended for informational purposes only, and do not constitute financial advice from TWMT Pty Ltd, trading as Coinstash AU ("Coinstash"). Coinstash is not a licensed financial advisor and does not provide financial advice. You should consider seeking financial, legal, tax or other professional advice to check how the information relates to your unique circumstances. Coinstash shall not be held responsible or liable for any losses, whether due to negligence or otherwise, stemming from the use of, or reliance upon, the information provided directly or indirectly in this article.

NEXA Trading Competition

<h1>How to Buy Coq Inu (COQ): A Step-by-Step Guide</h1><h2>Key Takeaways</h2><ul><li>Buying Guide: Follow our five-step guide to purchase COQ easily and safely.</li><li>Introduction to Coq Inu (COQ): Understand what COQ is and how it works.</li><li>Platform Overview: Discover why Coinstash is the best place to buy COQ in Australia.</li></ul> When it comes to buying cryptocurrencies like Coq Inu (COQ) in Australia, it's important that you use a secure exchange platform. As one of Australia's most trusted cryptocurrency exchanges, Coinstash makes it safe and simple to buy, sell and trade COQ. Here’s a step-by-step guide on how to buy COQ through our platform.<h2>How to Buy Coq Inu (COQ) in Five Simple Steps</h2>1) Create Your Free Coinstash Account:To get started with Coinstash and buy COQ, simply <a href="https://coinstash.com.au/auth/signup" rel="noopener noreferrer" target="_blank">sign up</a> to create your account. It’s free and only takes a few minutes to complete!2) Verify Your Identity: After creating your account, you will then need to verify your identity. This process is crucial to comply with Australian regulations and ensure a safe trading environment. Identity verification typically takes just a few minutes, and you will be notified once your identity is successfully verified.3) Add Funds To Your Account: You can easily add funds to your account using one of our various deposit methods, including bank transfers and Pay ID. For immediate funding, we recommend using Pay ID services for instant deposits.4) Enter the Amount You Want to Buy:On the Coinstash app or website, type "Coq Inu" into the search bar and select <a href="https://coinstash.com.au/coq/buy" rel="noopener noreferrer" target="_blank">COQ</a>. Then, using the number pad, input the amount of COQ you wish to purchase in AUD. Alternatively, you can use the arrow buttons to toggle and enter the equivalent amount of COQ you'd like to buy.5) Finalise Your Purchase of COQ:When you’re ready to buy, tap the ‘Preview Buy’ button. This will show you the details of your purchase, including the trade fee. Once you’re happy everything looks good, swipe on the ‘Buy Now’ button to complete your purchase. That’s it, it’s that simple!<h2>Alternative Ways to Trade Coq Inu (COQ)&nbsp;</h2><h3>Convert Crypto to COQ Token with Coinstash Swaps</h3>Coinstash also allows you to swap other cryptocurrencies to buy COQ. Here’s a simple three-step guide to swap other cryptocurrencies for COQ:1) Log In and Select Swap: Access your Coinstash account, choose the cryptocurrency you want to swap from in your portfolio, then navigate to the 'Swap' section on the dashboard.2) Choose COQ as Your Target Currency: In the swap interface, select COQ as the cryptocurrency you want to acquire. This will set up your transaction to convert your chosen cryptocurrency into COQ.3) Confirm and Execute the Swap: Enter the amount of cryptocurrency you wish to swap, review the transaction details including any trade fees, and then confirm the swap. Your new COQ holdings will be updated in your Coinstash account almost instantly upon completion of the transaction.<h2>Coq Inu (COQ) Overview</h2><h3>What is Coq Inu (COQ)?</h3>Coq Inu (COQ) is a meme coin themed after a rooster, taking its name from the French word "Coq." It was launched on the Avalanche blockchain on December 7, 2023. Since its launch, COQ has significantly increased in value and gained prominence as one of the leading meme coins in 2024, capturing the interest of the cryptocurrency community.<h3>How Does Coq Inu (COQ) Work?</h3>Coq Inu (COQ) operates on the Avalanche C-Chain and has rapidly become a prominent meme coin in this ecosystem. Unlike other cryptocurrencies developed to solve specific financial or technological issues, Coq Inu is created solely for its meme appeal and does not have functional utility or intrinsic value.<h2>Why is Coinstash the Best Platform to Buy Coq Inu (COQ)?</h2>Safe. Compliant. Trusted: Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. We are 100% Australian, owned, operated, and AUSTRAC registered. Our <a href="https://coinstash.com.au/security" rel="noopener noreferrer" target="_blank">industry-leading security</a> practices provide the highest level of protection, with all assets fully backed 1:1.User-Friendly: Coinstash's intuitive and user-friendly interface simplifies investing and trading, regardless of your experience level. Once you're registered, buying your first cryptocurrency is just a few taps away.Low Fees:Coinstash offers some of the lowest trading rates in Australia for thousands of assets, allowing you to buy, sell, and swap COQ at minimal cost.Expert Customer Support: With our experienced locally-based customer support team available to address any questions or concerns, you'll never be left in the dark.&nbsp;<h2>Buy Coq Inu (COQ) with Coinstash</h2>If you're ready to take the next step and purchase COQ, then get started with Coinstash today!

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<h2>Frequently Asked Questions</h2>

CompactFAQ

Disclaimer: This article and its contents are intended for informational purposes only, and do not constitute financial advice from TWMT Pty Ltd, trading as Coinstash AU ("Coinstash"). Coinstash is not a licensed financial advisor and does not provide financial advice. You should consider seeking financial, legal, tax or other professional advice to check how the information relates to your unique circumstances. Coinstash shall not be held responsible or liable for any losses, whether due to negligence or otherwise, stemming from the use of, or reliance upon, the information provided directly or indirectly in this article.

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Follow these steps to buy COQ on Coinstash easily and securely.

How to Buy COQ on Coinstash

Create Your Free Coinstash Account

To get started, sign up for a free Coinstash account. It only takes a few minutes.

Verify Your Identity

After creating your account, verify your identity to comply with regulations.

Add Funds to Your Account

Choose a deposit method and add funds to your Coinstash account.

Enter the Amount You Want to Buy

Search for COQ on the Coinstash app or website and input the desired amount in AUD.

Finalize Your Purchase of COQ

Review your purchase details, including trade fees, and complete the transaction.

How To Buy Coq Inu (COQ) in Australia 

<h1>Coq Inu (COQ): The Trending Avalanche Meme Coin of 2024</h1><h2>Key Takeaways</h2><ul><li>Coq Inu (COQ) is a rooster themed meme coin that launched on the Avalanche blockchain in December 2023.</li><li>It has a total supply of 69.420 trillion tokens, with no presale or fixed allocations for investors.&nbsp;</li><li>Like most meme coins, COQ has no utility beyond its status as a meme, and is a purely speculative asset.</li></ul><h2>What Is Coq Inu (COQ)?</h2>Coq Inu (COQ) is a meme coin, designed around the theme of a rooster and named after the French word for rooster, "Coq." Launched on the Avalanche blockchain on December 7, 2023, it has since surged in value, emerging as one of the most prominent meme coins in 2024, captivating the attention of the cryptocurrency community.&nbsp;<h2>How Does Coq Inu (COQ) Work?</h2>Coq Inu (COQ) runs on the Avalanche C-Chain and has quickly risen to prominence as one of the leading meme coins in this ecosystem. Unlike many cryptocurrencies that are developed to address specific financial or technological challenges, Coq Inu is designed purely for its meme appeal, lacking functional utility or intrinsic value.&nbsp;COQ is uniquely community-driven, with no allocations for founders, no presales, and imposed taxes. The team has committed to a decentralised vision by fully renouncing control over its contract and locking its liquidity permanently, ensuring fairness and transparency in its operations.<h3>Coq Inu (COQ) Tokenomics&nbsp;</h3>Like many meme coins, COQ’s tokenomics feature a playful nod to popular numeric jokes, with a fixed total supply of approximately 69.42 trillion coins. These tokens were made fully available at the time of launch, with no presale or pre-allocations to investors.&nbsp;<h2>Why is Coq Inu (COQ) so Popular?</h2>COQ has surged in popularity primarily due to its engaging and viral nature, a hallmark of meme-driven cryptocurrencies. Drawing inspiration from a French rooster and the Japanese word 'Inu', meaning dog, COQ plays into the successful trend set by other dog-themed meme coins like <a href="https://coinstash.com.au/shib/buy" rel="noopener noreferrer" target="_blank">Shiba Inu</a>. These coins capture the fascination of enthusiastic online communities and often offer a low cost of entry, making them particularly attractive despite their volatile and speculative nature.&nbsp;COQ’s launch in late 2023 was well-timed, coinciding with a bullish turn in the crypto market. This timing, combined with a surge in value shortly after its release, fueled extensive media coverage and social media buzz. Stories of traders turning modest investments into significant gains further fueled interest, propelling the token's price upward. The ongoing attention and discussion surrounding COQ by influential crypto personalities have kept it in the spotlight, sustaining its popularity well beyond its initial surge.<h2>How to Buy COQ Inu (COQ) With Coinstash</h2>Buying <a href="https://coinstash.com.au/coq/buy" rel="noopener noreferrer" target="_blank">COQ</a> with Coinstash is easy and safe. Simply <a href="https://coinstash.com.au/auth/signup" rel="noopener noreferrer" target="_blank">create your Coinstash account</a> for free and verify your personal details in just a few minutes.&nbsp;Once registered, log into your account, deposit funds using one of our various deposit methods, and then you're ready to make your first COQ purchase.<h2>Should You Buy Coq Inu (COQ)?</h2>COQ has quickly become a prominent meme coin within the Avalanche (AVAX) ecosystem, experiencing a price increase of over 6,000% in just a few months. This remarkable growth underscores its popularity in the crypto space. However, it’s crucial to recognise that COQ is a highly speculative asset with no inherent value.The appeal of meme coins like COQ often comes from their potential for high returns, but these assets are also prone to significant volatile price fluctuations. While the possibility of substantial profits can be attractive, the risk of sudden financial losses is equally real. Investors should approach meme coins with caution, only investing what they are willing to lose.&nbsp;<h2>Closing Thoughts</h2>As the cryptocurrency landscape continues to evolve, meme coins like Coq Inu will remain a fascinating phenomenon to watch. While they offer an interesting blend of humor and investment potential, it's crucial for investors to approach these assets with caution and conduct thorough research before participating in the meme coin market. <h2>Frequently Asked Questions</h2>

What is Coq Inu (COQ) Meme Coin?

<h1>Deposit &amp; Trade to Earn 0% Trading Fee Rewards</h1>Celebrate the Year of the Dragon with Coinstash by participating in our special Lunar New Year Promotion.​Deposit and trade to earn 0% trading fee rewards. The more you deposit and trade, the more days of fee-free trading you unlock.<h2>How to Enter:</h2>Deposit and trade with your Coinstash account from now until 25 Feb 2024, 11:59 AEST, to enjoy 0% trading fee rewards.*1) Sign up or Login: To participate in this promotion, you must sign up or login with a verified Coinstash account.2) Deposit: Add AUD to your account using the reference 'LUNAR' in the deposit description.3) Trade: Trade any coin or Bundle to boost your 0% trading fee rewards.<h2>Deposit &amp; Trade to Unlock Higher Rewards</h2>The more you deposit and trade, the more days of 0% trading fee rewards you unlock.

<h2>Bonus Task: HODL</h2>At the end of the campaign period, Coinstash will take a snapshot of the account balances of all participants. If your balance meets the thresholds outlined below, you'll receive additional benefits:≥ $100,000 AUD: Get upgraded to Platinum membership and enjoy 60% off trading fees for an additional 30 days.≥ $250,000 AUD: Get upgraded to Diamond membership and enjoy 75% off trading fees for an additional 30 days.≥ $500,000 AUD: Get upgraded to Black membership and enjoy 85% off trading fees for an additional 30 days.<h2> </h2><h2>Terms and Conditions</h2>Promotion Terms and Conditions can be found <a href="https://help.coinstash.com.au/en/article/coinstash-lunar-new-year-promotion-2024-1cuxjju/?bust=1707360041385" rel="noopener noreferrer" target="_blank">here</a>.

Lunar New Year Promotion

Deposit & Trade to Earn 0% Trading Fee Rewards

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Deposit & Trade to Unlock Higher Rewards

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