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The heated discussion between members of the SHIB Army bore fruit in the accelerated #SHIB daily burn rate. According to the official SHIB burning tracker, 182 million Shiba Inu tokens were set ablaze in the last 24 hours, catapulting the SHIB burn rate by 1222.6%. This sums up to 16 billion SHIB tokens burned since last month. Members of the SHIB Army managed to shatter the yearly record twice in one month, with Blaze Token’s 3.6B burning deed currently taking the first place. #shibarmy #shibarium

The heated discussion between members of the SHIB Army bore fruit in the accelerated #SHIB daily burn rate. According to the official SHIB burning tracker, 182 million Shiba Inu tokens were set ablaze in the last 24 hours, catapulting the SHIB burn rate by 1222.6%.

This sums up to 16 billion SHIB tokens burned since last month. Members of the SHIB Army managed to shatter the yearly record twice in one month, with Blaze Token’s 3.6B burning deed currently taking the first place.

#shibarmy #shibarium

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#MarketSentimentToday AI makes $XRP price prediction The continuing legal conflict between Ripple Labs and the Securities and Exchange Commission (SEC) prevented XRP from taking advantage of the 2024 cryptocurrency market boom. Despite many breakout attempts, XRP was unable to achieve considerable increase due to regulatory pressure. Today, April 18, XRP is trading at around $0.494, a gain of about 0.47% from the previous day. Nevertheless, this little advantage is nullified by the fact that the token's market cap has dropped significantly over the last week, dropping from over $33 billion to below $28 billion, a 19.01% decline in price. At the time of publishing, the token's market capitalization reached $27.270 billion, thanks to the recent decline. In the meanwhile, on April 17, the cryptocurrency specialist going by the name of CoinsKid voiced his gloomy opinion on XRP. According to the analyst, XRP's recent price action indicates a failed bullish breakout leading into a possible substantial decline. The analyst presents evidence of a bearish outlook by noting that XRP did not reach a new price peak during the attempted upswing and that it did not reach a new price bottom during the recent dip. Important XRP price levels to keep an eye on At this juncture, when XRP is trading around important support and resistance levels, the situation is pivotal. At $0.438 you may find the nearest support, while at $0.550 you can find a more hopeful resistance. Models generated by AI systems indicate that XRP will likely have a negative trend over the long run, with a price goal of $0.432 by May 1 and a forecast decline of 12.55%. Machine learning algorithms have identified a negative trend in the near future, suggesting that there may be a little uptick in the next hours. #bitcoinhalving #BullorBear #Ripple #xrp
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#MarketSentimentToday The Price of $BNB Could Have Another Opportunity To Go On a Bullish Streak BNB Price Could Continue Rising. BNB price is trying to rise from $515. If price breaks $572 barrier, positive momentum may develop. After finding support at $515, BNB price rose again. The price is below $555 and the 100 SMA. BNB/USD broke above a negative trend line with resistance at $540 on the 4-hour chart. If it breaks $572 barrier, the pair may rise. BNB Price Struggles BNB price found support at $515 after a drop below $550. Like Ethereum and Bitcoin, the price recovered from $513.6. Above $525 and $530 resistance levels. Bulls broke the $540 pivot level and 23.6% Fib retracement level of the decline from the $630 swing high to the $513 low. The 4-hour BNB/USD chart also broke above a negative trend line with resistance at $540. Price remains below $550 and the 4-hour SMA. Resistance around $555 is immediate. The 50% Fib retracement level of the decline from the $630 swing high to the $513 low is $572, the next resistance. A decisive break over $572 might boost prices. In this situation, BNB may reach $600. A closing over $600 might lead to a stronger move above $630. Any more increases may test $650 in the coming days. Another Fall? BNB may decrease if it fails to break $572 barrier. Near $532 is first downside support. Near $520 is the next big support. The major funding is $515. If the price breaks below $515, it might fall below $500. More losses might cause a drop to $465. Tech Indicators 4-Hour MACD – BNB/USD MACD is falling in the positive zone. 4-Hours RSI – BNB/USD's RSI is below 50. Major Support Levels: $532, $520, $515. Major Resistance Levels: $555, $572, $600. #bitcoinhalving #BNB #Binance
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#MarketSentimentToday Does #Solana recover from its tumble and reach $150? Solana's price has fluctuated according to bitcoin market developments in recent days. First, it rose from $128 to $142 owing to the assumption of halving Bitcoin, which shapes the crypto market. This momentum accelerated. After Hong Kong approved Bitcoin and Ethereum ETFs and Solana resolved network congestion problems, Solana reached $155 on April 15. Prices were yet to stabilize. The price dropped to $136 on April 16, then to $128 before climbing to $142. It's approximately $130, reflecting bitcoin market volatility. These patterns cause crypto asset volatility, according to CoinMarketCap. Solana may return to $150. SOL's return to $150 depends on market conditions and internal Solana system projects. With recent updates like Helium and congestion fixes, the Solana platform has shown its endurance. These modifications enhance its attractiveness and practicality, perhaps raising prices. Besides Solana's recovery, macroeconomic factors and the crypto regulatory environment will affect market sentiment. Expected Bitcoin halving in 2024 may boost crypto market movements like Solana. Since halving cuts bitcoin supply by half, prices rise. This increases crypto speculation and investment, raising prices. Over $130 is Solana's current pricing. SOL predicts it will rise to $150 if market circumstances remain fair and investors trust Solana's technology and development potential. The market's reaction to incoming macroeconomic numbers and the Bitcoin halving will determine Solana's short-term destiny. Will solana prices rise soon? Solana's long-term pricing projection is marginally positive, reflecting market trends and system technology. The extensive upgrades already performed and the addition of Helium may raise Solana's price if they attract new investors. Since Solana will stay same, Bitcoin's 2024 halving will help the whole crypto industry. Halves have decreased the quantity of new bitcoins available, which might boost the price of other cryptocurrencies #WIF #sol $SOL
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#Bitcoin Miners Accumulating Like 2020: Is BTC Ready For $100,000? A curious tendency is appearing among miners as the highly anticipated Bitcoin halving event approaches on April 19. Miners accumulate, bucking pre-halving sell-offs before the 2016 and 2020 Halvings. Miners Buying Bitcoin Using CryptoQuant data, one analyst on X writes that miners' total BTC balance has climbed by 12,100 BTC since 2024, to 217,000 BTC. This is in sharp contrast to 2016 and 2020 before the network cut miner incentives. According to research, most miners were downsizing in anticipation of post-Halving income drops. Protocol-level halving reduces miner block rewards from 6.25 BTC to 3.125 BTC. This would need miners to use more resources to get the same money as before. In anticipation of increased competition, several small miners liquidate and leave. However, larger miners with greater resources could sell coins and acquire more efficient miners to remain competitive. Miners sold BTC after halving in 2016, according to the graphic. Despite selling pressure, prices increased substantially in 2017, hitting at $20,000 before dropping in 2018. The post-halving hash rate shows that Bitcoin and crypto usage increased after the 2017 ICO boom, making the ecosystem more liquid and attracting more miners. Different from 2016, the 2020 halving was pivotal. As Bitcoin values rose to historic highs, miners held onto coins, as seen in the graphic. This accumulating tendency means miners may expect a price spike. Is BTC Ready For $100,000 Bull Run? This change in mining behavior may boost prices. Miners, supposed to adapt and improve after April 19, are holding a vote of confidence despite the decline. After Halving, daily BTC emissions will decrease, miners will accumulate, and institutions will invest in spot Bitcoin ETFs, which might boost prices. The rate of price increases is unknown. Bitcoin is bearish and under heavy selling pressure after April 13 losses. A bullish breakthrough over $74,000 might lead to advances beyond $100,000. #bitcoinhalving #BullorBear #Memecoins
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