PEPE has been performing well on the charts, even as the rest of the market fought to defend support levels or sank into a short-term downtrend. In fact, since hitting its lows on 1 May, the altcoin has bounced by 35% at press time.
Its network growth has also hiked, implying greater usage and demand for the memecoin. The metrics AMBCrypto analyzed underlined accumulation and reduced sell pressure over the past week.
WLD announced that it will launch its own public chain, which is expected to be launched in May or June this summer. WLD combines AI and Layer2 technology. Once the market value and circulation are launched, they may double and rise rapidly.
The total volume in DeFi is currently $7.26B, 11.31% of the total crypto market 24-hour volume. The volume of all stable coins is now $58.84B, which is 91.68% of the total crypto market 24-hour volume. Bitcoin's dominance is currently 53.11%, a decrease of 0.43% over the day.
Trader speculation: Bitcoin dominance could rise or fall in accordance with the appetite for altcoins. If dominance rises along with the price of Bitcoin, it tends to be bearish for altcoins, while falling dominance with an increasing BTC price tends to be bullish for altcoins.
Technical indicators suggest a mild bullish trend ahead.
Resistance breakthrough could signal further gains for SHIB.
SHIB price prediction: Shiba Inu, the second-largest meme cryptocurrency, has notably increased from last week’s bottom. The popular meme coin has surpassed the resistance level at $0.000024. Moreover, in recent hours, SHIB price experienced substantial price volatility initially climbing to a peak of $0.00002567 before facing a steep decline.
#altcoins#BTC🔥🔥🔥🔥🔥 Our results in *Premium* last week (29april-5may) *Loom* bought at 0.0895 take profit at 0.0912 *W* buy limit not filled *Pbux* (kucoin) buy at 0.206-0.19 pumped till 0.24 *Matic* bought at 0.708 with Dcaing it down Pumped till 0.74 two tps hit *Ada* bought at 0.451 and 0.42 dca it take profit at 0.46& *0.47
Btc* bought at 60500-58000 now it's in front of you how it pumped Some gem coin Sol pumped 15% Trb pumped 50% Avax pumped 7% Rei pumped 21% Ordi pumped 3% Icp buy limit not filled *Sol* bought below 130 and pumped to almost 150$ *Core* bought at 1.93 tps achieved and pumped towards 2.12 *Zrx* buy limit not filled just missed from cents *Wld* bought at 4.92 and pumped UpTo 5.8 *Bome* longed from 0.0095 tp acheived at 0.965 *Dusk* Bought at 0.32 Tp 1&2 achieve at 0.33 *Ator* kucoin bought at 2 and pumped towards 2.43 will give more inshallah in next month *Btc short* for future Buy at 59509 stoploss hit at 61200 sl hit *Imx* Bought at 2.26 tp hit 2.29 *Alt* Bought at 0.392 Tp 1 done at 0.399 *Bome* hit Our swing setup with 15% gain *Ckb* trade not executed *Auction* bought at 16 tps 1 hit at 16.61 and pumped towards 16.9 *Alt* bought again at 0.375 pumped towards.392 now running in profits still not closed *Jup* waiting to fill limit *Jsmy* missed our buy limit just from cents It's all from the last week *Total signals given* 28 *Take profit in* 22 *Stoploss hit* 1 *Buy limit missed* 5 Some coins like *TRB* *sol* *ordi* *Ator* give us almost 100% cash back in just spot trading Overall good week
#SHİB#SHIBDreams#Shibalnu Shiba Inu Coin: Over 81 Mln SHIB Destroyed As Burn Rate Spikes 4000%, What’s Next?
Shiba Inu noted a staggering 4000% upsurge in its burn rate today as nearly 81 million coins were destroyed. SHIB's price traded in the green, aligning with the surge in burn rate.
#altcoins#PEPE❤️ Doctor Pepe (DOCPEPE) to Explode 12,000% Ahead of MEXC Listing, as Shiba Inu, Dogecoin and Bonk Lag
Doctor Pepe (DOCPEPE), a newly launched Solana memecoin, is poised to explode over 12,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.
#pepe#altcoins#Memecoin2024 Pepe Price Prediction: PEPE Pumps 17% As The Dogeverse ICO Offers A Last Chance To Buy After $13 Million Raise
The Pepe price has pumped almost 6% in the past 24 hours and 17% in a month to trade at $0.000008776 as of 6:35 p.m. EST on an 8% plunge in trading volume to $1.2 billion.
Pepe Price Signals a New Bull Rally Above The Bullish Pennant
PEPE seems ready to continue its upward momentum. Its current price is trading below its all-time high of $0.00001064. Some encouraging signs indicate a potential recovery into the bullish pennant pattern, suggesting Pepe’s positive trend could continue.
Pepe indicates a rebound on the pennant’s lower trendline, as the bulls seem resilient, driving the price upwards to the pennant’s upper trendline.
The post Shiba Inu Coin: Here’s Why Shiba Inu Price Is Surging Today appeared first on Coinpedia Fintech News
The Shiba Inu cryptocurrency (SHIB) has experienced a notable 10.4% surge in its price over the past 24 hours, bringing it close to $0.000026. This rise has caught the attention of analysts and traders alike, sparking discussions about its underlying causes.
However, some attribute this jump mainly due to SHIB’s burn rate increasing by 1000% and positive market sentiment following Bitcoin’s price recovery. While others speculate that this price surge may be influenced by different reasons.
$SHIB
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