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Exploring the Unprecedented Price Surge of SHIB ,BONK , WIF Cryptocurrencies: Key Factors and Insights
The cryptocurrency market has recently seen a substantial price increase in several tokens, including Shiba Inu (SHIB), Bonk (BONK) and Dogwifhat (WIF).
This surprising rally follows weaker-than-expected April jobs data, prompting speculators to shift their bets into riskier assets, including cryptocurrencies.
Following the news, traders priced in a high probability of two interest rate cuts before the end of 2024.
#Shibalnu 🔥🔥 price action
Dog-themed cryptocurrency Shiba Inu (SHIB) rose by 8% following the data release. At the time of writing, SHIB was up 5.88% in the last 24 hours to $0.00002382. If Shiba Inu ends higher today, it will be the third consecutive day of advances since May 1. The token’s market capitalization has risen, indicating a larger recovery on the cryptocurrency market. The price increase also coincides with the completion of the Shibarium hard fork.
#BONK🔥🔥 price actionSolana dog coin Bonk (BONK) initiated a bullish reversal from lows of $0.00002062 on May 1. The asset is currently on a recovery path, riding a wave of bullish momentum sweeping the broader crypto market. At the time of writing, BONK was up 12.41% in the last 24 hours to $0.000028 and is set to mark its third consecutive day of gains.
#WIF price action
#dogwifhat (WIF), a meme coin based on Solana, has also seen a price increase, rising 9% in the last 24 hours to trade at $2.94 as of press time. WIF began a rebound from its lows of $2.29 on May 1 and has maintained bullish momentum. If today closes in green, WIF will mark its third day of gains. In positive listing news, the Kraken crypto exchange has listed new margin pairs for WIF alongside Shiba Inu on its advanced trading platform. (by COINOTAG)
$SHIB $BONK $WIF
The cryptocurrency market has recently seen a substantial price increase in several tokens, including Shiba Inu (SHIB), Bonk (BONK) and Dogwifhat (WIF).
This surprising rally follows weaker-than-expected April jobs data, prompting speculators to shift their bets into riskier assets, including cryptocurrencies.
Following the news, traders priced in a high probability of two interest rate cuts before the end of 2024.
#Shibalnu 🔥🔥 price action
Dog-themed cryptocurrency Shiba Inu (SHIB) rose by 8% following the data release. At the time of writing, SHIB was up 5.88% in the last 24 hours to $0.00002382. If Shiba Inu ends higher today, it will be the third consecutive day of advances since May 1. The token’s market capitalization has risen, indicating a larger recovery on the cryptocurrency market. The price increase also coincides with the completion of the Shibarium hard fork.
#BONK🔥🔥 price actionSolana dog coin Bonk (BONK) initiated a bullish reversal from lows of $0.00002062 on May 1. The asset is currently on a recovery path, riding a wave of bullish momentum sweeping the broader crypto market. At the time of writing, BONK was up 12.41% in the last 24 hours to $0.000028 and is set to mark its third consecutive day of gains.
#WIF price action
#dogwifhat (WIF), a meme coin based on Solana, has also seen a price increase, rising 9% in the last 24 hours to trade at $2.94 as of press time. WIF began a rebound from its lows of $2.29 on May 1 and has maintained bullish momentum. If today closes in green, WIF will mark its third day of gains. In positive listing news, the Kraken crypto exchange has listed new margin pairs for WIF alongside Shiba Inu on its advanced trading platform. (by COINOTAG)
$SHIB $BONK $WIF
#LEVER in binance Gainer List last 2 day 🚀🚀
Many airdrop news coming from team as near future....
Dont know why but like i can say super bullish about LEVER. They are trying to something huge on DEFİ area. My best LONG term project
$LEVER
Many airdrop news coming from team as near future....
Dont know why but like i can say super bullish about LEVER. They are trying to something huge on DEFİ area. My best LONG term project
$LEVER
How Far Will the Bitcoin Price Decline Continue? Price Drop to $50,000 Next? Three Experienced Analysts Explained. (Feel free to share your opinions on comments)
Bitcoin (BTC) is experiencing a significant sell-off, with losses potentially rising after falling below $57,000. Focusing solely on price charts, analysts suggest that the situation may get worse before it gets better.
The downtrend intensified today as Bitcoin fell below the $60,000 level for the first time since February. This decline is attributed to persistent inflation and uncertainty surrounding the Fed's interest rate policy, which continues to weigh on markets.
""According to Oppenheimer analyst Ari Wald, the $60,000 mark was a key support level for Bitcoin, representing the approximate convergence of the March low and the 100-day moving average. Speaking to CNBC, Wald said, “We see countertrend risk up to the $49,000 support, which marks both the February breakout, the March 2022 peak, and the 200-day average.”
""Standard Chartered's Head of Digital Asset Research, Geoff Kendrick, echoed this view, stating that Bitcoin's “proper breakout” below $60,000 “reopens the path to the $50,000 to $52,000 range.”
""Wolfe Research's Rob Ginsburg suggested that $60,000 Bitcoin looks “vulnerable” and $50,000 could be in play. Bitcoin has been trading in a range between $60,000 and $74,000 since mid-March, when its price reached new records, and has failed to break out multiple times.
“We expect short-term weakness ahead of a strong move towards all-time highs later in 2024.”
By Bitcoin Sistemi EN
#BTC_MARKET_UPDATE #BTC🌪️ #MarketSentimentToday
$BTC
Bitcoin (BTC) is experiencing a significant sell-off, with losses potentially rising after falling below $57,000. Focusing solely on price charts, analysts suggest that the situation may get worse before it gets better.
The downtrend intensified today as Bitcoin fell below the $60,000 level for the first time since February. This decline is attributed to persistent inflation and uncertainty surrounding the Fed's interest rate policy, which continues to weigh on markets.
""According to Oppenheimer analyst Ari Wald, the $60,000 mark was a key support level for Bitcoin, representing the approximate convergence of the March low and the 100-day moving average. Speaking to CNBC, Wald said, “We see countertrend risk up to the $49,000 support, which marks both the February breakout, the March 2022 peak, and the 200-day average.”
""Standard Chartered's Head of Digital Asset Research, Geoff Kendrick, echoed this view, stating that Bitcoin's “proper breakout” below $60,000 “reopens the path to the $50,000 to $52,000 range.”
""Wolfe Research's Rob Ginsburg suggested that $60,000 Bitcoin looks “vulnerable” and $50,000 could be in play. Bitcoin has been trading in a range between $60,000 and $74,000 since mid-March, when its price reached new records, and has failed to break out multiple times.
“We expect short-term weakness ahead of a strong move towards all-time highs later in 2024.”
By Bitcoin Sistemi EN
#BTC_MARKET_UPDATE #BTC🌪️ #MarketSentimentToday
$BTC
Former Binance CEO Changpeng Zhao Sentenced To Four Months In Prison 🥺🥺
Judge Richard Jones of the U.S. District Court for the Western District of Washington delivered the sentence.
The prosecution had initially sought a three-year prison term for Zhao, citing serious lapses in regulatory compliance during his tenure at Binance.
Zhao’s defense argued for probation, emphasizing his lack of direct knowledge of the illicit activities allegedly conducted through the platform.
In the courtroom, Judge Jones acknowledged the absence of evidence directly linking Zhao to specific illegal acts. This reduced the sentence from the recommended 18 months to four months.
Since his resignation, Zhao has shifted his focus to educational initiatives, founding Giggle Academy, which aims to educate young people about cryptocurrency and blockchain technology.
That's why I have endless respect for this man.always continues to build great things for the crypto world.I will miss him too much during these 4 months. my heart is with you @CZ
#FreeCZ
Judge Richard Jones of the U.S. District Court for the Western District of Washington delivered the sentence.
The prosecution had initially sought a three-year prison term for Zhao, citing serious lapses in regulatory compliance during his tenure at Binance.
Zhao’s defense argued for probation, emphasizing his lack of direct knowledge of the illicit activities allegedly conducted through the platform.
In the courtroom, Judge Jones acknowledged the absence of evidence directly linking Zhao to specific illegal acts. This reduced the sentence from the recommended 18 months to four months.
Since his resignation, Zhao has shifted his focus to educational initiatives, founding Giggle Academy, which aims to educate young people about cryptocurrency and blockchain technology.
That's why I have endless respect for this man.always continues to build great things for the crypto world.I will miss him too much during these 4 months. my heart is with you @CZ
#FreeCZ
Can Ethereum Crack $4,000? On-Chain Activity and Price Pattern Suggest So 💥💥
Amid whale accumulation, the rising Ethereum price is poised to challenge the chart pattern leading the current correction trendline, Enter this breakout?
Since the completion of the fourth Bitcoin halving on April 19th, the Ethereum Price has maintained a steady recovery evidenced by the new higher low formation in daily charts.
While the broader market is still limited by the growth in Ether, the coin price managed to rebound from $2870 to $3335 recording a 17% growth. An analysis of the daily chart shows the ETH price is close to a pivotal point amid the development of a falling wedge pattern.
Ethereum Price to Regain Momentum If Buyers Break This Resistance 👀
The short-term outlook for #Ethereum suggests a bearish trend, as evidenced by the price movement within the descending trendline of a falling wedge pattern. However, the chart setup is known for recruiting bullish momentum and resuming the prevailing rallies.
According to on-chain data analyzed by Lookonchain, prominent investor James Fickel has been actively accumulating Ethereum (ETH) while maintaining a long position on the ETH/BTC trading pair. 🚀
Source: Coinpage
#EthereumPower #eth
$ETH
Amid whale accumulation, the rising Ethereum price is poised to challenge the chart pattern leading the current correction trendline, Enter this breakout?
Since the completion of the fourth Bitcoin halving on April 19th, the Ethereum Price has maintained a steady recovery evidenced by the new higher low formation in daily charts.
While the broader market is still limited by the growth in Ether, the coin price managed to rebound from $2870 to $3335 recording a 17% growth. An analysis of the daily chart shows the ETH price is close to a pivotal point amid the development of a falling wedge pattern.
Ethereum Price to Regain Momentum If Buyers Break This Resistance 👀
The short-term outlook for #Ethereum suggests a bearish trend, as evidenced by the price movement within the descending trendline of a falling wedge pattern. However, the chart setup is known for recruiting bullish momentum and resuming the prevailing rallies.
According to on-chain data analyzed by Lookonchain, prominent investor James Fickel has been actively accumulating Ethereum (ETH) while maintaining a long position on the ETH/BTC trading pair. 🚀
Source: Coinpage
#EthereumPower #eth
$ETH
Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools 🤑🤑
Bitcoin (BTC) bounced past $64,000 ahead of the April 28 weekly close as altcoins sought a recovery.
Altcoins set for boost on waning Tether 👀🚀
dominanceData from Cointelegraph Markets Pro and TradingView tracked stronger BTC price momentum over the weekend.
After putting in weekly lows of $62,400, #BTC/USDT: reversed and managed to maintain higher ground, circling $63,500 at the time of writing.
Altcoins also performed well for “out-of-hours” trading, with the total altcoin market cap up around 1% on the day.
“Alts bounced very nicely but still have to break the trend of setting week highs around monday to tuesday,” popular trader Skew responded on X , referencing recent market patterns.
Skew nonetheless suspected that sell-side pressure would step in on Bitcoin around range highs, keeping bulls from advancing much higher....
#TOTALMARKETCAP #BullMarket2025
$BTC $ETH
Bitcoin (BTC) bounced past $64,000 ahead of the April 28 weekly close as altcoins sought a recovery.
Altcoins set for boost on waning Tether 👀🚀
dominanceData from Cointelegraph Markets Pro and TradingView tracked stronger BTC price momentum over the weekend.
After putting in weekly lows of $62,400, #BTC/USDT: reversed and managed to maintain higher ground, circling $63,500 at the time of writing.
Altcoins also performed well for “out-of-hours” trading, with the total altcoin market cap up around 1% on the day.
“Alts bounced very nicely but still have to break the trend of setting week highs around monday to tuesday,” popular trader Skew responded on X , referencing recent market patterns.
Skew nonetheless suspected that sell-side pressure would step in on Bitcoin around range highs, keeping bulls from advancing much higher....
#TOTALMARKETCAP #BullMarket2025
$BTC $ETH
DOGE, SHIB, WIF, PEPE: Meme Coins Price Analysis...
DOGE slipped from the $0.15 support but the coin might soon be oversold, and a bounce could be next.
The 1.618 golden ratio suggested that SHIB could climb toward $0.000025.
WIF might trade sideways but PEPE looked set to collapse to $0.0000064.
In the last seven days, most meme coins registered significant declines except for Pepe ( #PEPE❤️ ) and Shiba Inu ( #SHİB ). SHIB, which is now ranked 11th on the market cap standings, managed a 7.24% increase. For PEPE, its price rallied by 36.19%.
On the opposite side of the divide were dogwifhat (WIF) and Dogecoin (DOGE). While WIF’s price dropped by 6.38%, DOGE tumbled by almost the same ratio at 6.99% within the last week. Here’s an analysis of the factors that led to the performance, and an assessment of where the prices could go in the coming days.
#Dogecoin ( #DOGE )
At press time, DOGE changed hands at $0.14. From the 4-hour chart, it was observed that bulls attempted to drive the coin past $0.16 on April 23 but a quick rejection at that point forced the price back.
As a result, DOGE lost hold of the $0.15 support. Furthermore, the Relative Strength Index (RSI) was down to 33.37, suggesting a solid bearish …
$PEPE $DOGE $SHIB
DOGE slipped from the $0.15 support but the coin might soon be oversold, and a bounce could be next.
The 1.618 golden ratio suggested that SHIB could climb toward $0.000025.
WIF might trade sideways but PEPE looked set to collapse to $0.0000064.
In the last seven days, most meme coins registered significant declines except for Pepe ( #PEPE❤️ ) and Shiba Inu ( #SHİB ). SHIB, which is now ranked 11th on the market cap standings, managed a 7.24% increase. For PEPE, its price rallied by 36.19%.
On the opposite side of the divide were dogwifhat (WIF) and Dogecoin (DOGE). While WIF’s price dropped by 6.38%, DOGE tumbled by almost the same ratio at 6.99% within the last week. Here’s an analysis of the factors that led to the performance, and an assessment of where the prices could go in the coming days.
#Dogecoin ( #DOGE )
At press time, DOGE changed hands at $0.14. From the 4-hour chart, it was observed that bulls attempted to drive the coin past $0.16 on April 23 but a quick rejection at that point forced the price back.
As a result, DOGE lost hold of the $0.15 support. Furthermore, the Relative Strength Index (RSI) was down to 33.37, suggesting a solid bearish …
$PEPE $DOGE $SHIB
Told u multiple times to @LeverFi team working hard... İts like investment to team u know. Many of u was paniced on previous dump. But told u ı m buying more for every dip...😉
#LEVER Almost 2x from dip so it was easy money guys and if u follow me long time then u know LEVER and one more in my LONG term bag.... Yeah will sell a bit profit after 0.042$ but lets see how its goes... İf BTC goes well then LEVER can be next #COTI (Which we all did 4x)
$LEVER
#LEVER Almost 2x from dip so it was easy money guys and if u follow me long time then u know LEVER and one more in my LONG term bag.... Yeah will sell a bit profit after 0.042$ but lets see how its goes... İf BTC goes well then LEVER can be next #COTI (Which we all did 4x)
$LEVER
## Unleash the Power of Ethereum with #Renzo #Binance 53rd launchpool project and Reimagine Ethereum Staking with Renzo!🚀🚀😍
What makes $REZ and it's ecosystem revolutionary:
Tired of locked ETH & complex staking? Renzo is the Liquid Staking Token (LRT) solution for EigenLayer, offering:
* Higher Yields than traditional ETH staking
* Flexible Staking - earn rewards without locking your ETH
💥Simplify Your DeFi Journey
Renzo acts as the bridge to EigenLayer, the next level for Ethereum. It abstracts away complexity, allowing you to:
* Effortlessly collaborate with EigenLayer node operators
* Enjoy a seamless DeFi experience on Ethereum
💥The Future of Ethereum is Permissionless
Renzo champions EigenLayer's vision of unrestricted innovation on Ethereum. It fosters:
* Decentralized security for Actively Validated Services (AVSs)
* Programmatic trust for a thriving EigenLayer ecosystem
💥Join the Renzo Revolution!
Renzo is built to accelerate the widespread adoption of EigenLayer. Be part of the future of Ethereum:
## Ready to Farm $REZ on Binance Launchpool? Here's Your Guide!
- Join Binance: Don't have a Binance account yet? Get started here with few sipmle steps:
- Choose Your Stake: Decide if you want to stake BNB with 147,569.44 REZ in reward or FDUSD with 26,041.67 REZ in rewards.
- Head to Launchpool: Navigate to the Launchpool tab on Binance and find the REZ pool.
- Start Staking: Follow the instructions to stake your chosen crypto and start farming REZ tokens!
Farming ends on April 30th at 09:00am UTC. Don't miss out on this exciting opportunity to be part of the next big thing in crypto.
#RENZOLAUNCHPOOL
What makes $REZ and it's ecosystem revolutionary:
Tired of locked ETH & complex staking? Renzo is the Liquid Staking Token (LRT) solution for EigenLayer, offering:
* Higher Yields than traditional ETH staking
* Flexible Staking - earn rewards without locking your ETH
💥Simplify Your DeFi Journey
Renzo acts as the bridge to EigenLayer, the next level for Ethereum. It abstracts away complexity, allowing you to:
* Effortlessly collaborate with EigenLayer node operators
* Enjoy a seamless DeFi experience on Ethereum
💥The Future of Ethereum is Permissionless
Renzo champions EigenLayer's vision of unrestricted innovation on Ethereum. It fosters:
* Decentralized security for Actively Validated Services (AVSs)
* Programmatic trust for a thriving EigenLayer ecosystem
💥Join the Renzo Revolution!
Renzo is built to accelerate the widespread adoption of EigenLayer. Be part of the future of Ethereum:
## Ready to Farm $REZ on Binance Launchpool? Here's Your Guide!
- Join Binance: Don't have a Binance account yet? Get started here with few sipmle steps:
- Choose Your Stake: Decide if you want to stake BNB with 147,569.44 REZ in reward or FDUSD with 26,041.67 REZ in rewards.
- Head to Launchpool: Navigate to the Launchpool tab on Binance and find the REZ pool.
- Start Staking: Follow the instructions to stake your chosen crypto and start farming REZ tokens!
Farming ends on April 30th at 09:00am UTC. Don't miss out on this exciting opportunity to be part of the next big thing in crypto.
#RENZOLAUNCHPOOL
🚀🚀🚀Hong Kong News: Bitcoin & Ether ETFs Trading Begins On April 30 🚀🚀🚀
Hong Kong’s Securities and Futures Commission (SFC) finally approved spot Bitcoin and Ethereum ETFs; trading will begin on April 30.
Spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have finally been approved by Hong Kong’s SFC and will begin trading on April 30. It will offer institutional investors and retailers a convenient and safer way to invest in digital assets. Unlike US spot BTC ETF, Hong Kong’s motive is to deliver in-kind creation models that assist in creating new ETF shares.
Hong Kong Spot BTC And ETH ETF Trading
On April 24, the official approval for Spot BTC and ETH ETFs trading joyfully filled Hong Kong crypto enthusiasts. After successfully approving the ETFs, Hong Kong is now ready to arrange its first batch of trading, scheduled for April 30.
According to SFC, The ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs were approved on April 23. Additionally, Bosera Asset Management’s ETF will be managed by HashKey Capital.
Approval of the ETFs showcases a successive step in Hong Kong’s creation of a model for ETFs that assists in developing new ETF shares using BTC and ETH. The in-kind ETF creation model holds the potential to spike assets under management (AUM) and trading volume for ETH and BTC.
Thomas Zhu, ChinaAMC’s head of digital assets, expressed his views on spot BTC and ETH ETF approval.
“The spot Bitcoin and Ether ETFs offer retail and institutional investors a safe, efficient, and convenient means to invest in virtual assets in a regulated framework,” said Zhu.
He added that the demand for ETFs in institutional asset allocation and retail trading is gradually increasing in Hong Kong, and we expect the same for our offerings.
#ETF✅ #HongKong
$BTC $LEVER
Hong Kong’s Securities and Futures Commission (SFC) finally approved spot Bitcoin and Ethereum ETFs; trading will begin on April 30.
Spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have finally been approved by Hong Kong’s SFC and will begin trading on April 30. It will offer institutional investors and retailers a convenient and safer way to invest in digital assets. Unlike US spot BTC ETF, Hong Kong’s motive is to deliver in-kind creation models that assist in creating new ETF shares.
Hong Kong Spot BTC And ETH ETF Trading
On April 24, the official approval for Spot BTC and ETH ETFs trading joyfully filled Hong Kong crypto enthusiasts. After successfully approving the ETFs, Hong Kong is now ready to arrange its first batch of trading, scheduled for April 30.
According to SFC, The ChinaAMC, Harvest, and Bosera HashKey Bitcoin and Ether ETFs were approved on April 23. Additionally, Bosera Asset Management’s ETF will be managed by HashKey Capital.
Approval of the ETFs showcases a successive step in Hong Kong’s creation of a model for ETFs that assists in developing new ETF shares using BTC and ETH. The in-kind ETF creation model holds the potential to spike assets under management (AUM) and trading volume for ETH and BTC.
Thomas Zhu, ChinaAMC’s head of digital assets, expressed his views on spot BTC and ETH ETF approval.
“The spot Bitcoin and Ether ETFs offer retail and institutional investors a safe, efficient, and convenient means to invest in virtual assets in a regulated framework,” said Zhu.
He added that the demand for ETFs in institutional asset allocation and retail trading is gradually increasing in Hong Kong, and we expect the same for our offerings.
#ETF✅ #HongKong
$BTC $LEVER
Solana Holds Above $150 Amid Mixed On-Chain Metrics: Here’s The Next Price Level For SOL
Recently, Solana (SOL) has attracted considerable interest as its price has consistently recovered from previous lows. This positive trend followed Bitcoin’s recovery toward the $66,000 mark. Despite this bullish market sentiment, Solana has experienced a decline in its crucial on-chain metrics. However, several metrics continue to build strong buying demand for Solana, creating a mixed sentiment in the market.
New SOL Addresses Decline By Several Thousands
Currently, the market is experiencing a battle between buyers and sellers as they both try to set a clear price trend for Solana (SOL), which is currently trading within a range-bound ascending channel. As buyers are now gaining advantage, there’s a rise in significant liquidations.
Recent figures from Coinglass reveal that Solana have seen total liquidations close to $6.8 million. Of this total, buyers have faced liquidations amounting to about $2.5 million, whereas sellers have experienced liquidations totalling around $4.3 million.
What’s Next For SOL Price???
If the price advances past the moving averages and $162, it signals a potential comeback by the bulls. In this scenario, the SOL/USDT pair may aim for a rally towards the next major resistance at $192.
If the price declines from the moving averages, it indicates surging negative sentiment and that traders are selling during price rallies. This could lead the price to drop towards the solid support level at $126. If it breaks below this threshold, there could be a further decline to $100.
$SOL
#SolanaInvesting
Recently, Solana (SOL) has attracted considerable interest as its price has consistently recovered from previous lows. This positive trend followed Bitcoin’s recovery toward the $66,000 mark. Despite this bullish market sentiment, Solana has experienced a decline in its crucial on-chain metrics. However, several metrics continue to build strong buying demand for Solana, creating a mixed sentiment in the market.
New SOL Addresses Decline By Several Thousands
Currently, the market is experiencing a battle between buyers and sellers as they both try to set a clear price trend for Solana (SOL), which is currently trading within a range-bound ascending channel. As buyers are now gaining advantage, there’s a rise in significant liquidations.
Recent figures from Coinglass reveal that Solana have seen total liquidations close to $6.8 million. Of this total, buyers have faced liquidations amounting to about $2.5 million, whereas sellers have experienced liquidations totalling around $4.3 million.
What’s Next For SOL Price???
If the price advances past the moving averages and $162, it signals a potential comeback by the bulls. In this scenario, the SOL/USDT pair may aim for a rally towards the next major resistance at $192.
If the price declines from the moving averages, it indicates surging negative sentiment and that traders are selling during price rallies. This could lead the price to drop towards the solid support level at $126. If it breaks below this threshold, there could be a further decline to $100.
$SOL
#SolanaInvesting
Shiba Inu Raises $12M Through Treat Token Sale 🤑🤑
💎Shiba Inu team secures $12 million via TREAT token sale to non-U.S. investors like Polygon Ventures.
💎The lead developer, Kusama, clarifies the investor base amid queries about U.S. involvement.
💎TREAT is a utility and governance token for Shiba Inu’s Layer 3 blockchain.
The team behind the Shiba Inu memecoin has secured $12 million by selling its unreleased token, TREAT, to non-U.S. venture capital investors. The fundraising campaign, which started several months ago, witnessed participation from investors such as Polygon Ventures,
Mechanism Capital, Big Brain Holdings, Woodstock Fund, and DWF Ventures,
Questions arose regarding the involvement of U.S.-based investors such as Mechanism Capital and Shima Capital. However, Shytoshi Kusama, the lead developer, clarified that despite appearances, none of the investors are based in the U.S., although full entity names remain undisclosed.
Kusama refrained from providing specific details regarding the valuation but indicated that the fundraising was conducted in tranches. According to a source familiar with the matter, these tranches occurred at valuations of $75 million, $100 million, and $200 million, respective…
Source ; Coin Edition
#SHİB #ShibaAwakening
$SHIB
💎Shiba Inu team secures $12 million via TREAT token sale to non-U.S. investors like Polygon Ventures.
💎The lead developer, Kusama, clarifies the investor base amid queries about U.S. involvement.
💎TREAT is a utility and governance token for Shiba Inu’s Layer 3 blockchain.
The team behind the Shiba Inu memecoin has secured $12 million by selling its unreleased token, TREAT, to non-U.S. venture capital investors. The fundraising campaign, which started several months ago, witnessed participation from investors such as Polygon Ventures,
Mechanism Capital, Big Brain Holdings, Woodstock Fund, and DWF Ventures,
Questions arose regarding the involvement of U.S.-based investors such as Mechanism Capital and Shima Capital. However, Shytoshi Kusama, the lead developer, clarified that despite appearances, none of the investors are based in the U.S., although full entity names remain undisclosed.
Kusama refrained from providing specific details regarding the valuation but indicated that the fundraising was conducted in tranches. According to a source familiar with the matter, these tranches occurred at valuations of $75 million, $100 million, and $200 million, respective…
Source ; Coin Edition
#SHİB #ShibaAwakening
$SHIB
🚀🚀Surge in Meme Coin Market: Analyzing the Rise of Shiba and BONK Coins 🚀🚀
Recently, the cryptocurrency market has witnessed a notable rise in the value of meme coins, with Shiba and BONK coins experiencing significant gains. This surge is partly attributed to the broader recovery in major cryptocurrencies, such as Bitcoin, which has indirectly boosted investor interest in altcoins. Specifically, meme coins like DOGE and SHIB have seen their values increase, with some recording double-digit gains.
Shiba Coin’s Current Market Trajectory💥
Shiba Coin has demonstrated a robust performance by climbing over 14% in its recent trading sessions, positioning itself as one of the top-performing meme coins. This uptick is riding on the back of a buoyant market sentiment, where Bitcoin’s stabilization above $64,000 has played a crucial role. Shiba Coin has successfully held its ground, with its price significantly higher than where it was nearly one and a half months ago. The coin shows potential for further gains if it breaches new resistance levels.
BONK Coin’s Market Performance and Prospects 💥
Similarly, BONK Coin has rebounded well after a period of losses, underpinned by the recovery in the broader altcoin market, including SOL Coin. The coin’s price has maintained strong support levels and is poised to target higher price points if it continues to close above certain thresholds. BONK has outperformed other top 100 cryptocurrencies in terms of daily percentage gains, signaling a powerful comeback and possibly the beginning of a new all-time high journey.
#MemeCoinsToTheMoon #Memecoins🤑🤑
$BONK $SHIB
Recently, the cryptocurrency market has witnessed a notable rise in the value of meme coins, with Shiba and BONK coins experiencing significant gains. This surge is partly attributed to the broader recovery in major cryptocurrencies, such as Bitcoin, which has indirectly boosted investor interest in altcoins. Specifically, meme coins like DOGE and SHIB have seen their values increase, with some recording double-digit gains.
Shiba Coin’s Current Market Trajectory💥
Shiba Coin has demonstrated a robust performance by climbing over 14% in its recent trading sessions, positioning itself as one of the top-performing meme coins. This uptick is riding on the back of a buoyant market sentiment, where Bitcoin’s stabilization above $64,000 has played a crucial role. Shiba Coin has successfully held its ground, with its price significantly higher than where it was nearly one and a half months ago. The coin shows potential for further gains if it breaches new resistance levels.
BONK Coin’s Market Performance and Prospects 💥
Similarly, BONK Coin has rebounded well after a period of losses, underpinned by the recovery in the broader altcoin market, including SOL Coin. The coin’s price has maintained strong support levels and is poised to target higher price points if it continues to close above certain thresholds. BONK has outperformed other top 100 cryptocurrencies in terms of daily percentage gains, signaling a powerful comeback and possibly the beginning of a new all-time high journey.
#MemeCoinsToTheMoon #Memecoins🤑🤑
$BONK $SHIB
Dogecoin’s Market Rally on Its Special Celebration Day
The cryptocurrency community witnessed a significant event as Dogecoin‘s dedicated celebration, Dogecoin Day, coincided with Bitcoin‘s halving event. This alignment brought double the usual excitement and attention to the crypto market.
On #DOGE Day, enthusiasts engage in various activities aimed at boosting the cryptocurrency’s value and visibility through widespread social media campaigns.Dogecoin Day’s Impact on Market Dynamics
#Dogecoin , known for its origin from a popular internet meme, has built a robust community of followers since its introduction in 2013. The community’s efforts intensified on Dogecoin Day, which coincided with the significant event of Bitcoin halving. This doubled the festive spirit and market activity. During a 12-hour trading window, Dogecoin demonstrated strong market performance, maintaining its upward trajectory above key technical indicators like the 200-day Simple Moving Average (SMA).
Technical Analysis: Breakpoints and Growth Potential
With positive indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) pointing upwards, Dogecoin faced resistance at $0.1718 level near the 100-day SMA. If it surpasses this, the next significant resistance is at the $0.1830 mark near the 50-day SMA. Overcoming these could push Dogecoin towards the $0.20 mark, a potential 33% increase from its current position.
Considered Points
If Dogecoin breaks the $0.20 resistance level, it could invalidate the current rising wedge formation, indicating a strong bullish trend.
Amidst these technical scenarios, Dogecoin remains a top contender in the cryptocurrency space, illustrating how community-led events and technical analytics interplay to influence market movements. As the Dogecoin community celebrates, all eyes are on these potential price movements and the outcomes of this unique convergence with Bitcoin’s halving.
#DogecoinDay
$DOGE $SHIB
The cryptocurrency community witnessed a significant event as Dogecoin‘s dedicated celebration, Dogecoin Day, coincided with Bitcoin‘s halving event. This alignment brought double the usual excitement and attention to the crypto market.
On #DOGE Day, enthusiasts engage in various activities aimed at boosting the cryptocurrency’s value and visibility through widespread social media campaigns.Dogecoin Day’s Impact on Market Dynamics
#Dogecoin , known for its origin from a popular internet meme, has built a robust community of followers since its introduction in 2013. The community’s efforts intensified on Dogecoin Day, which coincided with the significant event of Bitcoin halving. This doubled the festive spirit and market activity. During a 12-hour trading window, Dogecoin demonstrated strong market performance, maintaining its upward trajectory above key technical indicators like the 200-day Simple Moving Average (SMA).
Technical Analysis: Breakpoints and Growth Potential
With positive indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) pointing upwards, Dogecoin faced resistance at $0.1718 level near the 100-day SMA. If it surpasses this, the next significant resistance is at the $0.1830 mark near the 50-day SMA. Overcoming these could push Dogecoin towards the $0.20 mark, a potential 33% increase from its current position.
Considered Points
If Dogecoin breaks the $0.20 resistance level, it could invalidate the current rising wedge formation, indicating a strong bullish trend.
Amidst these technical scenarios, Dogecoin remains a top contender in the cryptocurrency space, illustrating how community-led events and technical analytics interplay to influence market movements. As the Dogecoin community celebrates, all eyes are on these potential price movements and the outcomes of this unique convergence with Bitcoin’s halving.
#DogecoinDay
$DOGE $SHIB
Bitcoin halving 2024 — Done so What to expect for btc price?🕵️
The system will continue until roughly 2140 when all Bitcoin is mined. 👀
The landmark occasion sees a reduction in Bitcoin miner rewards, dropping from 6.25 BTC per mined block to 3.125 BTC.
Bitcoin has successfully gone through its fourth-ever halving event after posting its 840,000th block, the point at which mining rewards are slashed in half once again.
The event has the crypto community eagerly awaiting what’s next for Bitcoin’s price, with some predictions reaching as high as $250,000.
At the time of publication, Bitcoin’s price is $63,960, up 1.16% over the past 24 hours, as per CoinMarketCap data.
From today onwards, Bitcoin miners will receive 3.125 BTC per mined block, down from the previous 6.25 BTC.
It is a programmed process in the Bitcoin protocol that happens every 210,000 blocks mined, which equates to roughly every four years.
The last three halvings occurred in 2012, 2016 and 2020, leading to significant drops in mining rewards over time. The first Bitcoin halving occurred in 2012 when the reward for mining a block was reduced from 50 to 25 BTC.
The main purpose behind the Bitcoin halving is to manage scarcity and regulate the inflationary supply of Bitcoin. The mechanism was built into the code by Bitcoin’s pseudonymous founder operating under the name Satoshi Nakamoto.
By cutting mining rewards in half, this process effectively slows down the rate at which new Bitcoin is created.
#bitcoinhalving #btchalvingcarnival
$BTC
The system will continue until roughly 2140 when all Bitcoin is mined. 👀
The landmark occasion sees a reduction in Bitcoin miner rewards, dropping from 6.25 BTC per mined block to 3.125 BTC.
Bitcoin has successfully gone through its fourth-ever halving event after posting its 840,000th block, the point at which mining rewards are slashed in half once again.
The event has the crypto community eagerly awaiting what’s next for Bitcoin’s price, with some predictions reaching as high as $250,000.
At the time of publication, Bitcoin’s price is $63,960, up 1.16% over the past 24 hours, as per CoinMarketCap data.
From today onwards, Bitcoin miners will receive 3.125 BTC per mined block, down from the previous 6.25 BTC.
It is a programmed process in the Bitcoin protocol that happens every 210,000 blocks mined, which equates to roughly every four years.
The last three halvings occurred in 2012, 2016 and 2020, leading to significant drops in mining rewards over time. The first Bitcoin halving occurred in 2012 when the reward for mining a block was reduced from 50 to 25 BTC.
The main purpose behind the Bitcoin halving is to manage scarcity and regulate the inflationary supply of Bitcoin. The mechanism was built into the code by Bitcoin’s pseudonymous founder operating under the name Satoshi Nakamoto.
By cutting mining rewards in half, this process effectively slows down the rate at which new Bitcoin is created.
#bitcoinhalving #btchalvingcarnival
$BTC
🚨BREAKING🚨
ANOTHER $1 BILLION USDT JUST GOT MINTED TODAY AT TETHER TREASURY. PUMP IS COMING🔥🆙🆙🆙🆙
Tether minted $1 billion worth of USDT u know what its means...
In other words, with 1 billion USDT in circulation, the market is buzzing, suggesting an acceleration of growth and an expansion of investment opportunities in the near future.
#TetherUSD #Binance
$BTC $ETH
ANOTHER $1 BILLION USDT JUST GOT MINTED TODAY AT TETHER TREASURY. PUMP IS COMING🔥🆙🆙🆙🆙
Tether minted $1 billion worth of USDT u know what its means...
In other words, with 1 billion USDT in circulation, the market is buzzing, suggesting an acceleration of growth and an expansion of investment opportunities in the near future.
#TetherUSD #Binance
$BTC $ETH
Good to get a follow up from the @CZ 👀😍
It's an honor to be followed by the boss... Saying CZ in crypto means a lot to me also its same for ırl too cause u know. We learned a lot from him to be honest.
I still sometimes remember his words on spaces... I also sometimes spend time reading old posts he published on x.Today has been a very enjoyable day for me... Thank you Hero
It's an honor to be followed by the boss... Saying CZ in crypto means a lot to me also its same for ırl too cause u know. We learned a lot from him to be honest.
I still sometimes remember his words on spaces... I also sometimes spend time reading old posts he published on x.Today has been a very enjoyable day for me... Thank you Hero
Have altcoins hit the bottom? Bitcoin price bounces 5% from $59.7K low 👀🚀
Bitcoin is attempting to reclaim support after dipping below $60,000, while traders dare to dream of an altcoin rebound.
Bitcoin tapped $63,000 before the April 18 Wall Street open as modest BTC price strength boosted the mood of traders.
Analysis: BTC price lows may be "tricking” investors...
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $63,095 on Bitstamp, up 5.5% versus the prior day’s lows.
At $59,700, these represented Bitcoin’s lowest levels since early March.
While various forecasts saw the need to clear liquidity at $57,000 and even far lower going forward, some saw reason for mild optimism.
Among them was popular trader and analyst Rekt Capital, who reiterated that BTC/USD was in a “re-accumulation range” with price behavior to match.
“One of the key things to note about Bitcoin’s Re-Accumulation Ranges throughout this cycle is this: Downside wicks below the Range Lows tend to occur to trick investors into a fake-breakdown (black circles) before resuming into an uptrend,” he wrote alongside a chart on X.
Altcoins battle brutal downtrend...
Continuing, Michaël van de Poppe, founder and CEO of trading firm MNTrading, predicted that sideways BTC price moves would continue even after the upcoming block subsidy halving.
Related: Bitcoin dominance hits 3-year high as BTC price dip pressures altcoins
Altcoins bore the brunt of the latest crypto market correction and could now have seen the worst of their shake-out.
“The period of boredom for Bitcoin, which is eager to consolidate here,” he explained.
“Overall, I’m expecting this won’t change for the coming months, but I think we’re at the altcoin bottom.”
Source; Cointelegraph
#Altcoinseason2024 #Dominance
$BTC
Bitcoin is attempting to reclaim support after dipping below $60,000, while traders dare to dream of an altcoin rebound.
Bitcoin tapped $63,000 before the April 18 Wall Street open as modest BTC price strength boosted the mood of traders.
Analysis: BTC price lows may be "tricking” investors...
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $63,095 on Bitstamp, up 5.5% versus the prior day’s lows.
At $59,700, these represented Bitcoin’s lowest levels since early March.
While various forecasts saw the need to clear liquidity at $57,000 and even far lower going forward, some saw reason for mild optimism.
Among them was popular trader and analyst Rekt Capital, who reiterated that BTC/USD was in a “re-accumulation range” with price behavior to match.
“One of the key things to note about Bitcoin’s Re-Accumulation Ranges throughout this cycle is this: Downside wicks below the Range Lows tend to occur to trick investors into a fake-breakdown (black circles) before resuming into an uptrend,” he wrote alongside a chart on X.
Altcoins battle brutal downtrend...
Continuing, Michaël van de Poppe, founder and CEO of trading firm MNTrading, predicted that sideways BTC price moves would continue even after the upcoming block subsidy halving.
Related: Bitcoin dominance hits 3-year high as BTC price dip pressures altcoins
Altcoins bore the brunt of the latest crypto market correction and could now have seen the worst of their shake-out.
“The period of boredom for Bitcoin, which is eager to consolidate here,” he explained.
“Overall, I’m expecting this won’t change for the coming months, but I think we’re at the altcoin bottom.”
Source; Cointelegraph
#Altcoinseason2024 #Dominance
$BTC
Bitcoin halving impact on altcoins... We all eyeing altcoins that have the potential to skyrocket post-halving. 👀💎
Altcoins may react differently to the Bitcoin halving depending on various factors, including tokenomics, value proposition and its overall contribution toward financial freedom.
Bitcoin’s growing dominance over the last 15 years signifies the importance of the mechanisms creator Satoshi Nakamoto devised to overcome the shortcomings of the fiat ecosystem — one of them being halving.
Nakamoto invented the Bitcoin halving mechanism, which reduces the BTC rewards for mining over time to slow down the issuance of the limited 21 million BTC. The Bitcoin halving in 2024—like the previous three halving events—is set to leave a long-lasting impact on Bitcoin as well as the countless altcoin ecosystems it helped create over the years.
Altcoins will react differently to the Bitcoin halving depending on various factors, including tokenomics, value proposition and its overall contribution toward financial freedom. The Bitcoin Halving 2024 will put five key dimensions of altcoins to the test — market sentiment, market price, technology stack, blockchain forks and allocation of reserves.
Bitcoin’s stellar price appreciation and retention across 2024 have boosted investors’ confidence. As a result, current market sentiment suggests that many investors are anticipating an altcoin boom.
Speaking to Cointelegraph, the BNB Chain core development team echoed the market sentiment, stating that “The Bitcoin halving is known for triggering shifts in market sentiment within the Web3 ecosystem.”
Sourec; Cointelegraph
#BTCHalvingApril2024
$BTC
Altcoins may react differently to the Bitcoin halving depending on various factors, including tokenomics, value proposition and its overall contribution toward financial freedom.
Bitcoin’s growing dominance over the last 15 years signifies the importance of the mechanisms creator Satoshi Nakamoto devised to overcome the shortcomings of the fiat ecosystem — one of them being halving.
Nakamoto invented the Bitcoin halving mechanism, which reduces the BTC rewards for mining over time to slow down the issuance of the limited 21 million BTC. The Bitcoin halving in 2024—like the previous three halving events—is set to leave a long-lasting impact on Bitcoin as well as the countless altcoin ecosystems it helped create over the years.
Altcoins will react differently to the Bitcoin halving depending on various factors, including tokenomics, value proposition and its overall contribution toward financial freedom. The Bitcoin Halving 2024 will put five key dimensions of altcoins to the test — market sentiment, market price, technology stack, blockchain forks and allocation of reserves.
Bitcoin’s stellar price appreciation and retention across 2024 have boosted investors’ confidence. As a result, current market sentiment suggests that many investors are anticipating an altcoin boom.
Speaking to Cointelegraph, the BNB Chain core development team echoed the market sentiment, stating that “The Bitcoin halving is known for triggering shifts in market sentiment within the Web3 ecosystem.”
Sourec; Cointelegraph
#BTCHalvingApril2024
$BTC
