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💥💥💥 Here Are Top 10 #Memecoins🤑🤑 to Watch This May April posed challenges for altcoins, and May commenced with a pronounced bearish sentiment, particularly impacting meme coins. However, market analysts see a potential market recovery on the horizon, spurred by Bitcoin's drop to $56K, signaling a possible end to the recent downturn. Anticipating this recovery, the #CryptoCommunity eyes meme coins to lead the bullish narrative. Notably, X account @SharkyCoins highlighted ten meme coins to watch closely during the expected market turnaround this month. #Dogecoin‬⁩ (DOGE) stands out with its $18.4 billion market valuation, trading at $0.1282 with a 4% gain in the last 24 hours. Despite being 15% below its price seven days ago and experiencing a 30% decline in the past month, DOGE's current value presents a significant buying opportunity. #shibaInu (SHIB), DOGE's closest rival, is up 5% in the last 24 hours, trading at $0.00002213. However, SHIB has lost 16% over the past month, dropping from the $0.00003 range. Historical data indicates a 90% profitability rate for SHIB in May over the last three years, suggesting potential gains for investors in May 2024. PEPE, Dogwifhat (WIF), and BONK were notable meme coins leading the bull market frenzy earlier this year. Despite recent dips, they still hold substantial gains from the first quarter. For instance, WIF saw a quarter-to-date gain of 2,721%, while PEPE is up 660% in the last 90 days, trading at $0.000006984. Solana meme coin BONK retains a 117% gain in its 90-day trajectory, valued at $0.00002299. The other half of SharkyCoins' recommendation comprises Solana-based meme coins with million-dollar market caps, including MEW, MYRO, WEN, MANEKI, and DUKO. These assets are expected to leverage the positive sentiment surrounding #Solana⁩ meme coins during the bullish market trend. Remember, investing in cryptocurrencies is highly speculative and involves a significant risk of loss. You should never invest more than you can afford to lose also do your own research. Source - thecryptobasic.com

💥💥💥 Here Are Top 10 #Memecoins🤑🤑 to Watch This May


April posed challenges for altcoins, and May commenced with a pronounced bearish sentiment, particularly impacting meme coins. However, market analysts see a potential market recovery on the horizon, spurred by Bitcoin's drop to $56K, signaling a possible end to the recent downturn.

Anticipating this recovery, the #CryptoCommunity eyes meme coins to lead the bullish narrative. Notably, X account @SharkyCoins highlighted ten meme coins to watch closely during the expected market turnaround this month.

#Dogecoin‬⁩ (DOGE) stands out with its $18.4 billion market valuation, trading at $0.1282 with a 4% gain in the last 24 hours. Despite being 15% below its price seven days ago and experiencing a 30% decline in the past month, DOGE's current value presents a significant buying opportunity.


#shibaInu (SHIB), DOGE's closest rival, is up 5% in the last 24 hours, trading at $0.00002213. However, SHIB has lost 16% over the past month, dropping from the $0.00003 range. Historical data indicates a 90% profitability rate for SHIB in May over the last three years, suggesting potential gains for investors in May 2024.

PEPE, Dogwifhat (WIF), and BONK were notable meme coins leading the bull market frenzy earlier this year. Despite recent dips, they still hold substantial gains from the first quarter. For instance, WIF saw a quarter-to-date gain of 2,721%, while PEPE is up 660% in the last 90 days, trading at $0.000006984. Solana meme coin BONK retains a 117% gain in its 90-day trajectory, valued at $0.00002299.

The other half of SharkyCoins' recommendation comprises Solana-based meme coins with million-dollar market caps, including MEW, MYRO, WEN, MANEKI, and DUKO. These assets are expected to leverage the positive sentiment surrounding #Solana⁩ meme coins during the bullish market trend.


Remember, investing in cryptocurrencies is highly speculative and involves a significant risk of loss. You should never invest more than you can afford to lose also do your own research.

Source - thecryptobasic.com

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👉👉👉 Is A #bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities Bitcoin's price has stalled after reaching the $71,000 mark, lingering in a state of indecision. Such periods often precede a significant move, but predicting the direction is challenging. Crypto analyst Alan Santana has examined the Bitcoin chart to provide insight into its potential trajectory. Bitcoin Could Be Headed Downward - Alan Santana’s analysis reviews Bitcoin's performance over the past year to forecast future movements. According to Santana, Bitcoin has been in a bullish wave for over a year—479 days to be exact—since November 2022 through March 2024. - Persistent bullish waves often lead to anticipated downturns as investors sell off holdings. Santana notes bearish waves typically move faster than bullish ones. After a 16-month bullish wave, the following bearish wave could unfold 2 to 2.5 times faster. - Santana elaborates: “When the market is rising, people are buying gradually, building up positions & enjoying profits as everything grows. This is not the case when the market turns.” He adds, “When a correction happens, people either prepare in advance or sell when they realize that the upward potential has been exhausted. Instead of gradually building a position, when the majority realizes the wave is over, they tend to close their entire positions quickly, accelerating the downward movement.” Potential Bitcoin Price Movements - Santana anticipates a sharp Bitcoin crash, impacting the broader market. He predicts an initial drop from $71,000 to $60,000, followed by further decline. - At the bottom of this bearish wave, Santana suggests Bitcoin could reach $47,943. This implies a potential crash of approximately 33%, signaling a highly bearish period for the market. In summary, Santana’s analysis suggests that Bitcoin could be poised for a significant downturn after its prolonged bullish run, with potential cascading effects on the wider #cryptocurrency market. Source - newsbtc.com #CryptoTrends2024 #BinanceSquareBTC
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🔥🔥🔥 #Chainlink Chain Reaction: Analyst Sets Sights On $33 Target Chainlink (LINK), the oracle network driving decentralized applications (#dApps ), is on an upward trajectory with analysts predicting a potential price surge to $33. Currently, LINK trades at $16.27, reflecting a 6.4% decline over the past 24 hours and an 11.0% drop over the past week, according to Coingecko. Bullish Trends and Support Levels - LINK recently broke through a key resistance level, now acting as a support zone, indicating a strong bullish trend. Over the past month, LINK’s price has risen by 25%, boosting investor confidence. Analysts, including Crypto Yapper, anticipate a retest of this new support level, which, if held, would confirm the ongoing uptrend. Price Predictions and Market Sentiment - Forecasts suggest a 30% increase in LINK’s price, potentially reaching $21.71 by July 7, 2024. Despite this, short-term market sentiment remains bearish, with the Fear & Greed Index at 77 ("Extreme Greed"), hinting at possible overconfidence and a potential market correction. LINK has experienced a 50% rate of green days and a volatility rate of 10.73% over the past 30 days. The Road Ahead - The coming weeks will be pivotal for Chainlink. Successfully overcoming technical challenges and achieving price targets could signal a broader market resurgence for the #cryptocurrency sector. This summary is for informational purposes only and is not investment advice. Source - newsbtc.com #CryptoTrends2024 #BinanceSquareTalks
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💥💥💥 #shibaInu Needs to Break This 29 Trillion Resistance to Reach $0.00006 In the current market, altcoins like Shiba Inu (SHIB) are struggling to regain momentum despite #Bitcoin's strong performance. On June 5th, SHIB saw a surge, peaking at $0.00002633, driven by Bitcoin's rise and positive market sentiment. However, it faces significant resistance at the $0.000026 level, where a major sell wall exists, hindering further gains. Data shows that 64,320 addresses hold 69.74 trillion SHIB at an average price of $0.000026, contributing to selling pressure when SHIB approaches this level. Despite attempts to maintain support above $0.000025, SHIB has retraced its recent gains. To surpass the $0.000026 resistance, SHIB needs to confidently close above $0.000027. However, it faces additional hurdles on its way to $0.00006, encountering five more supply walls. The largest of these walls involves 140,260 addresses holding 19 trillion SHIB tokens between $0.00003 and $0.000036. Despite these challenges, SHIB maintains a significant number of addresses in profit, representing 63.43% of total holders. This is attributed to SHIB's spike beyond $0.00001 earlier this year. Presently, SHIB trades at $0.00002534, with efforts ongoing to reclaim $0.00003. In summary, SHIB faces formidable obstacles in its recovery journey, with multiple sell walls impeding progress. However, bullish momentum driven by Bitcoin's resurgence and positive market sentiment could fuel SHIB's ascent if these obstacles are effectively overcome. Source - thecryptobasic.com #CryptoTrends2024 #BinanceSquareTalks #cryptocurrency
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