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#NerveNetwork is a #decentralized crosschain protocol, and Nerve virtual banks are always open to the community! To increase network security in the future, we will be inviting firms with top-level security protection to become our virtual bank nodes.

#NerveNetwork is a #decentralized crosschain protocol, and Nerve virtual banks are always open to the community! To increase network security in the future, we will be inviting firms with top-level security protection to become our virtual bank nodes.

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#MarketSentimentToday In May, $SHIB Should Reach New ATH Changelly predicted Shiba Inu's price from May to End of 2024 on Wednesday, April 24. Shiba Inu fell 14.06% after reaching record highs of $0.00004, according to CoinMarketCap. Changelly analysts expect Shiba Inu prices to surpass all-time highs next month. They forecast the cryptocurrency to rise slowly to $0.000312 in April before exploding to $0.000087 by May. Changelly expects May Shiba Inu prices to average $0.000034 and drop to $0.0000061. Analysts say Shiba Inu has been rising 22.22% in recent days due to good pricing fundamentals. The cryptocurrency dropped sharply in March due to declining demand for meme coins. Changelly expects Shiba Inu to climb 11.97% by April 26, 2024. According to CoinMarketCap, the coin is trading at $0.000025, up 1.35% in 24 hours and 12.58% in 7 days. Changelly boldly stated that Shiba Inu may become a “solid asset” in the volatile cryptocurrency industry if it breaks adverse trends and rises to projected levels. Price Will Fall After Bullish Surge Due to price swings, Changelly expects Shiba Inu to fall after its positive price projection in May. Crypto exchange analysts expect a June decrease of $0.00005, with a low of $0.000024 and a high of $0.000075. Shiba Inu may fall to $0.000025 by July 2024. From August to October, Shiba Inu prices are expected to rise to over $0.00008. Changelly has warned that the cryptocurrency may plummet in December despite its positive forecast. Shiba Inu may reach new lows of $0.000014 on average, with a minimum and highest trading value of $0.000014 and $0.000013. #SHIB #Memecoins #BTC
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Crypto Analyst: #Dogecoin Could Rally 2,500%, Possible Targets Crypto researcher says Dogecoin (DOGE) might climb 2,500% in bull cycle. He identified meme coin bull run price goals in his study. Dogecoin may rise beyond $3, since it consistently exceeds the 1.618 Macro FIB extension from past bull and bear market highs (previously Twitter). He said that DOGE's 1.1618 FIB on its chart is $3.80, suggesting it might overcome this price level. The crypto researcher said Dogecoin may struggle to reach similar heights in this bull run “due to the market cap and capital saturation,” with more meme currencies on the market. He added that Dogecoin's history suggests it's doable. Kevin also suggested $0.95 and $1.35 as “notable” price objectives for the meme currency if it doesn't reach $3 based on its previous performance. Kevin's opinion is more positive for Dogecoin, which some crypto experts expect to reach $1 this cycle. Kevin is positive on Dogecoin despite its poor price performance. He predicted the meme currency would overcome its downturn but said it still needs “multiple weeks of upward price action away from achieving this bull market milestone.” Recently, the crypto researcher said Dogecoin needs a monthly close over $0.16 to validate its bullish continuance. He said a closure above that level “would confirm a perfect retest of the previous bear market accumulation range” and boost “monthly momentum strongly for more upside.” Current crypto market cap: $2.2 trillion. TradingView chart Dogecoin Price Action: A Different View Australian exchange Swyftx head analyst Pav Hundal cautioned that Dogecoin may not reach $1 as many expect. He added that crypto investors who acquired DOGE at its all-time high (ATH) of $0.73 at the pinnacle of the previous market cycle may sell it before it reaches that price level. These investors may try to break even if Dogecoin achieves a new ATH, which might derail its $1 ascent. Hundal, like Kevin, mentioned meme coin market saturation and how Dogecoin may lose popularity. #DOGE #elonMusk $DOGE #BTC
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#MarketSentimentToday Bitcoin's Bull Flag Spurs $100,000 Demand Bitcoin's bull flag suggests a trend reversal shortly as the flagship crypto achieves substantial gains. Crypto analyst: The crypto might reach $100,000 when it makes that move. Zivoe Finance Head of Product Denis Baca remarked that Bitcoin's daily bull flag pattern typically indicates more gains. He said the bullish trend is “shaping up nicely” and Bitcoin might reach $100,000 once volume declines. Baca said that Bitcoin might dip below $60,000 before exponential growth. He said that the crypto coin usually retests the 20-week SMA in May. This may lower Bitcoin to $56,000, he said. Current crypto market cap: $2.2 trillion. TradingView chart Baca said such price drops might be “healthy” for Bitcoin before a reversal. He said that these drops “offer solid buying opportunities,” which might boost Bitcoin to record highs. Crypto analyst Mikybull Crypto also discussed Bitcoin's bullish tendency. He said the structure supports Bitcoin's bull run and precludes a negative reversal. According to Wyckoff's rule of cause and effect, “the longer the consolidation, the more explosive the markup will be.” He warned that the next step up may be huge. Bitcoin Needs A Catalyst To Rise Nexo Head of Prime Brokerage Andrey Stoychev said Bitcoin prices won't climb without a trigger. He said the flagship crypto asset has robust support near $64,000, but without a trigger, it will trade around $67,000. The Spot Bitcoin ETFs, which drove Bitcoin's price increases, have seen falling interest. Significant net outflows this month prompted fund issuers to sell Bitcoin to meet redemptions. However, Stoychev believes Bitcoin won't go below $60,000. He expects Bitcoin to retrace to this level only if high interest rates last longer than projected, which might damage crypto asset sentiment. Bitcoin is now selling at $62,900, down over 2% in 24 hours, according to CoinMarketCap. #bitcoin #BTC $BTC
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Bitcoin Bull Run to Return Following US Liquidity Spike of $1.4 Trillion, According to Crypto Billionaire Arthur Hayes If crypto investor Arthur Hayes is correct in his prediction that next week the economy will see liquidity return as a result of Janet Yellen's policies Bitcoin might see a bull run revival. Potentially reviving Bitcoin's fortunes are recent changes in the US economy. According to Hayes, Bitcoin and altcoins should now be watching Treasury Secretary Janet Yellen rather than the Federal Reserve's decision to keep interest rates unchanged. Bitcoin Bull Run: Hayes's Thoughts on "Ignoring the Fed" The US Treasury is scheduled to issue its quarterly refunding documents, which include liquidity management methods, on April 29. Within this paperwork, Hayes stresses the significance of two liquidity sources the Reverse Purchase Agreement (RRPS) and the Treasury General Account (TGA). According to Hayes, Yellen is in a pivotal position within his hypothesis that calls for more money creation in the US before, during, and after the next presidential election. A possible $1.4 trillion infusion of liquidity might be generated by a $1 trillion outflow of TGA and $400 million in RRPs, which he brought forth. Hayes predicted that the crypto bull market will re-accelerate and stock prices would rise if any of the three scenarios played out. "You should respect Yellen because she is a bad person and the Fed is unimportant." The cryptocurrency's price has been rising steadily since its introduction to the public. Even if Bitcoin ETFs had the most successful launch ever there is still room for development. Eric Balchunas an ETF analyst for Bloomberg, views the current decline in investment in BlackRock's iShares Bitcoin Trust (IBIT) as an inevitable development. According to Balchunas "IBIT currently ranks 2nd in YTD flows" among all 10,698 registered funds in the USA, which includes ETFs, mutual funds and CEFs. Cathie Wood, CEO of ARK Invest, thinks Bitcoin may go over $1 million and expects additional increases in this current trend. #BTC #bitcoin
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