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#Memecoins #BullorBear #BinanceLaunchpool WIF hit $4 today, with a market capitalization of $4 billion. PEPE has become the third largest MEME in terms of market capitalization, behind DOGE with $30.5 billion and SHIB with $18.2 billion. The soaring price of WIF has also caused WIF's largest individual/institutional currency holding address wifto100billy.sol (2Fcm...PE6d) to have a floating profit of US$134 million (+1440%)😱: He started purchasing WIF through the address 5qYu....k3bf on 2023/12/13, and has spent a total of $9.33M to buy 37.62 million WIF (3.76% of the total WIF), with an average purchase price of $0.248. Then transfer all the purchased WIF to the wifto100billy.sol (2Fcm...PE6d) address for storage. The sale of profit-taking has not yet started. Address: 2Fcm8Z3wxjcwjhXiS3mSXeHQY62TYHhNK65zExFWPE6d

#Memecoins #BullorBear #BinanceLaunchpool WIF hit $4 today, with a market capitalization of $4 billion.

PEPE has become the third largest MEME in terms of market capitalization, behind DOGE with $30.5 billion and SHIB with $18.2 billion.

The soaring price of WIF has also caused WIF's largest individual/institutional currency holding address wifto100billy.sol (2Fcm...PE6d) to have a floating profit of US$134 million (+1440%)😱:

He started purchasing WIF through the address 5qYu....k3bf on 2023/12/13, and has spent a total of $9.33M to buy 37.62 million WIF (3.76% of the total WIF), with an average purchase price of $0.248.

Then transfer all the purchased WIF to the wifto100billy.sol (2Fcm...PE6d) address for storage. The sale of profit-taking has not yet started.

Address: 2Fcm8Z3wxjcwjhXiS3mSXeHQY62TYHhNK65zExFWPE6d

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1.5 Trillion Shiba Inu (SHIB) in 24 Hours: Comeback Mode? Shiba Inu has seen a massive 1.5 trillion SHIB tokens moving in large transactions within the last 24 hours. These whale-tier transactions occur amid the substantial volume surge we saw on the market in the last 48 hours. Shiba Inu might finally attempt to enter reversal mode. Notable movers in these transactions include major exchanges like Binance, Coinbase, Kraken, Gate.io and Robinhood. The volume of SHIB transactions ranged from 42.6 billion SHIB to 397 billion SHIB, valued in millions of dollars. Key movements. Binance Hot Wallet sent 357.4798 billion SHIB worth $7.82 million, indicating substantial movement likely related to exchange operations or large-scale trades. Coinbase Hot Wallet was involved in multiple transactions, receiving 808 billion SHIB worth $1.88 million. This suggests significant accumulation, potentially by retail investors or institutional players. Cumberland DRM executed several transfers, including sending 112 billion SHIB worth $2.67 million and receiving 105 billion SHIB worth $2.49 million. Robinhood processed a transfer of 208 billion SHIB worth $5.09 million, likely reflecting retail interest or platform-driven movements. These substantial movements, while impressive, do not necessarily guarantee immediate price spikes or drops. Shiba Inu's price. The SHIB/USDT daily chart shows SHIB is currently trading at approximately $0.00002398. The price is consolidating within a descending triangle pattern, which is typically a bearish continuation pattern. However, SHIB has recently tested the upper level of the formation. The price is getting squeezed between 50 and 100 EMAs, indicating a potentially upcoming surge of volatility. A break above the 50-day EMA at $0.000024 could signal a bullish reversal, while failing to break this level may lead to further consolidation or a decline.#ETHETFS #BinanceLaunchpool #BTC
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Shiba Inu (SHIB) Suddenly Gains 7% in Hour, Here's What's Happening. In a surprising turn of events, Shiba Inu (SHIB) experienced a significant 7% increase in value within a single hour, standing out in a broader crypto market rebound. This rise is particularly noteworthy as it occurred without the influence of major news or announcements over the weekend, pointing to technical factors as the primary catalyst. Technical analysis plays a pivotal role on the cryptocurrency market, where price movements can often be attributed to patterns, trends and indicators rather than fundamental news. In the case of SHIB, the 7% rise appears to be athe result of such technical factors. Traders and analysts alike have observed that SHIB's price bounced sharply off a key support level, a sign that the token was oversold in the very short term. SHIB's price has largely lulled since last week as traders eagerly awaited a decisive move. As seen on the hourly chart, Shiba Inu recorded three massive green hourly candlesticks after the price hit support at lows of $0.00002155. In the last hour, Shiba Inu posted a gigantic green candlestick, the largest in the recent four hours with the price reaching highs of $0.00002395. At the time of writing, SHIB was up 5.52% in the last 24 hours to $0.00002357. The overall crypto market is showing signs of recovery, with several major cryptocurrencies regaining lost ground. This rebound has created positive sentiment among investors, which may have contributed to SHIB's rapid price increase. The market's optimism, combined with SHIB's technical indicators, created a perfect storm for the token's value to surge. As SHIB continues to chart its course, traders are intently watching price movements for the next resistance levels amid speculation over how far SHIB can rise in the days ahead. This week, the United States will disclose significant CPI data for April, a macroeconomic event that may cause volatility on the cryptocurrency markets.$BTC #bitcoinhalving
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A recent tweet from Tesla and SpaceX CEO Elon Musk has sparked significant buzz within the Bitcoin (BTC), XRP, and Dogecoin (DOGE) communities. Known for his influential posts, Musk's latest message on X (formerly Twitter) discussed the Federal Reserve's monetary policies, drawing a parallel to the board game Monopoly. In his tweet, Musk likened the Fed's ability to print money to Monopoly's rule that prevents the bank from going bankrupt. This analogy highlighted ongoing concerns about the Federal Reserve's quantitative easing (QE) measures and their implications for inflation and currency value. Following Musk’s provocative post, responses varied across cryptocurrency communities. Financial analyst Michaël van de Poppe suggested that in light of potential QE reintroduction, assets like Bitcoin, silver, and gold could be prudent investments. Bitcoin enthusiasts saw Musk’s comments as an endorsement of the need for robust monetary policies and appreciated Bitcoin's attributes as a deflationary asset with a capped supply and predictable issuance. The phrase "Bitcoin fixes this" became a rallying call, emphasizing Bitcoin as a solution to inflationary pressures. Dogecoin responses included remarks from co-founder Billy Markus, aka "Shibetoshi Nakamoto," and notable community member "Sir Doge of the coin," who echoed the sentiment, "Dogecoin fixes this." Meanwhile, XRP influencer "XRP crypto wolf" advised followers to protect themselves with XRP and other cryptocurrencies, highlighting the broader sentiment in the crypto community about finding financial refuge in digital assets.#bitcoinhalving
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BPCKAPX OWB BPET9 QKDXN BP QZ2FM5X9 Shiba Inu, or SHIB, is projected to reach $0.000058 in 2024. In the most bearish scenario, SHIB's value might drop to $0.000018 in the same year. Previously, Shiba Inu hit its all-time high on October 28, 2021, when it was priced at $0.000086. Last week, SHIB was trading at $0.000024 and has since shifted by 6.79%, currently sitting at $0.000023. Over the past 24 hours, SHIB has decreased by 2.13%. There's a mild bearish sentiment in the crypto market currently, though the long-term outlook remains bullish with predictions suggesting SHIB could reach $0.00011 by 2025. The total circulating supply of Shiba Inu at the time of this writing was 589,263,175,318,158.50, and its market cap is $13,999,396,437. SHIB Price Prediction: Key Points 1. Primary Support and Resistance Levels: On a weekly basis, SHIB's lowest support level is at $0.000007, and its highest resistance might be around $0.000053. 2. Market Sentiment: Market conditions as of April 2024 indicate weakening bullish momentum. 3. Predictive Forecasts: According to AI/ML model predictions, SHIB's average price could reach $0.0001 by 2031 and increase further to $0.0003 by 2035. Stay informed with SHIB through comprehensive weekly technical analysis and future forecasts. SHIB Technical Analysis: Battling Bearish Reversals Analysis of SHIB’s weekly charts indicates fluctuating prices, revealing potential future trends for 2024. Initially, the token faced resistance at $0.000011. Repeated efforts to break this in April ended in declines, eventually dropping below the lowest support of $0.000007 in June. Although bulls temporarily reclaimed this level, the rise was short-lived, and by September, prices had fallen back to the lowest support. Following a brief drop below this support in October, bulls made another recovery attempt, challenging resistance in December only to be pushed back. However, SHIB did not return to previous lows. $SHIB #BinanceLaunchpool
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