Shiba Inu (SHIB) and Dogecoin (DOGE) Price Predictions

1. Shiba Inu (SHIB):
Analysts have predicted optimistic price targets for SHIB, including the possibility of reaching $0.001. This would require a 5,000%+ surge from its current levels (around $0.00001337). The anticipated breakout is tied to the reduction in SHIB's circulating supply through burns and its continued ecosystem developments, such as Shibarium and DAO governance enhancements. Factors like increased adoption and new product launches are also expected to support this growth, though achieving such a target remains highly speculative​​​​.

2. Dogecoin (DOGE):
Predictions for DOGE suggest a more gradual rise compared to SHIB. By the end of 2024, estimates place DOGE between $0.21 and $0.35, with further growth possible in 2025 as developments from the Dogecoin Foundation take shape. Speculation around its integration into Elon Musk's "X App" as a payment method could act as a catalyst in the future. However, DOGE's inflationary nature and concentration of holdings in a few wallets might limit its long-term price potential​​.

While these projections highlight potential, both coins are highly speculative. The targets rely heavily on market conditions, ecosystem upgrades, and broader cryptocurrency trends. Investors should exercise caution and conduct thorough research.

#BSCOnTheRise #MarketInTheGreen #EthereumAwakening? $SHIB $DOGE

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Loosing trust in crypto

$PEPE is gaining momentum and appears primed for a breakout. Bitcoin’s bullish trend is providing strong support, while the growing buzz around memecoins like $SHIB and $DOGE is further driving enthusiasm. Traders, stay alert—$PEPE could be on the verge of a significant surge.

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Bitcoin

Japanese Lawmaker Proposes National Bitcoin Reserve
A Japanese lawmaker has asked the government to create a national Bitcoin reserve, following similar calls by lawmakers in Argentina and Russia. Satoshi Hamada, an MP from the Party to Protect the People from NHK, made the proposal. Hamada presented a written request to the Japanese government regarding the creation of a reserve for cryptocurrencies. The lawmaker pointed out similar plans have been proposed in Brazil and the United States, where Treasury officials could hold Bitcoin (BTC) as a strategic reserve. The lawmaker asked the government to consider converting part of its foreign exchange reserves into cryptocurrencies like BTC.

Hamada pointed out that BTC is less susceptible to the influence of countries and institutions, and its neutrality and decentralized nature allow it to support economic activity without relying on a specific currency. The government will present Hamada with a written response, which is also likely to be published on its website.
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XRP’s Bullish Breakout Imminent? Analyst and Whale Activity Point to Potential Upside
Currently trading around $2.43, Ripple (XRP) is up 3% this week, attracting attention from traders and analysts due to three bullish patterns on the 4-hour chart. Analyst Ali Martinez noted the importance of XRP testing the $2.25 support level. At the same time, Peter Brandt, who was previously critical, now sees positive signs on the weekly chart and believes a breakout is likely.

While Brandt is cautious about price predictions, Martinez proposes a potential rise to $48 after a breakout, with a conservative target of $8. Additionally, whales have taken advantage of XRP’s recent decline, purchasing 100 million tokens valued over $200 million. This dip may offer a buying opportunity, with a target of $4.40 aligned with the bullish patterns
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Dogecoin’s Bullish Momentum: Can It Reach $0.50?
Dogecoin (DOGE) regained the $0.40 mark earlier this week and is currently trading at $0.41, reflecting a 3.6% increase over the past 14 days. This sharp increase is driven by new investors capitalizing on the recent Dogecoin price dip, coinciding with favorable reactions to a U.S. inflation report released on Wednesday.

About 60,000 new Dogecoin wallets were created last week, raising the total to 6.86 million. This indicates increased trader interest during price dips, boosting short-term demand. Key resistance is $0.46; a breakout could push Dogecoin toward $0.50, a level not seen in previous gains.
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Algorand (ALGO) Price Analysis
Algorand (ALGO) has been experiencing significant volatility since reaching an intraday high of $0.613 last Tuesday. The price plummeted after reaching that level and had dropped to $0.45 by Thursday. Despite the prevailing selling pressure, ALGO recovered on Friday, rising almost 11% to $0.499. The price moved past $0.50 on Saturday, rising to $0.509 despite considerable selling pressure. Sellers re-established control on Sunday as ALGO fell below $0.50 after a drop of just over 2% and settled at $0.498.

Source: TradingView

Bearish sentiment intensified on Monday as ALGO plummeted over 16%, falling to a low of $0.352 before settling at $0.417. The price dropped to an intraday low of $0.370 on Tuesday as sellers sought to retain control. However, ALGO recovered from this level to register an increase of 1.52% and settle at $0.423. ALGO continued to push higher on Wednesday and registered a rise of 7.04% to settle at $0.453. The current session sees ALGO up just over 3% and trading at $0.467 as buyers look to build momentum and retest the $0.50 level.
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Chainlink (LINK) Price Analysis
Chainlink (LINK) started the previous week with a staggering increase of over 33.16% as it surged past $20 and settled at $25.22. However, buyers lost momentum after reaching this level as LINK registered a drop of 4.35% on Tuesday and settled at $24.12. Buyers attempted a recovery on Wednesday as LINK reached an intraday high of $26.52. However, it fell back after reaching this level and registered a marginal drop to settle at $24.10. Sellers retained control on Tuesday as LINK fell almost 4% to $23.12. However, it recovered on Friday, surging nearly 12% to go above $25 and settle at $25.88.

Source: TradingView

LINK had a mixed weekend as it registered a drop of over 4% on Saturday and rose by 5.23% on Sunday to settle at $26.10. However, sentiment changed dramatically on Monday as LINK plummeted from an intraday high of $27.36 to an intraday low of $19.78. LINK ultimately settled at $22.31 after registering a drop of 14.53%. LINK experienced significant volatility on Tuesday as buyers and sellers struggled to establish control. Sellers ultimately gained the upper hand as LINK registered a marginal drop to settle at $22.13. LINK recovered on Wednesday as it rebounded from an intraday low of $21.16, registering an increase of 8.16% and settling at $24.06. Bullish sentiment has intensified significantly during the current session, with LINK up a staggering 21% as it looks to go above $30.
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Uniswap (UNI) Price Analysis
Uniswap (UNI) faced a substantial drop last week, falling from an intraday high of $17.24 on Thursday to $14.38 before settling at $15.04. The price recovered on Friday as it surged almost 17% to go above $17 and settle at $17.58. Buyers retained control over the weekend as UNI registered an increase of 2.43% on Saturday and 3.30% on Sunday to settle at $18.61. However, sentiment changed abruptly on Monday as UNI fell sharply, registering a drop of almost 14%, falling to an intraday low of $13.99 before recovering to climb above support levels and settle at $16.05. Sellers retained control on Tuesday as UNI dropped over 5% to $15.24. Sellers had driven the price to a low of $14.04.

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However, it recovered on Wednesday, rising over 12% and settling at $17.15. The current session sees UNI up almost 8% as it looks to move past the resistance at $19.

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$USUAL
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Ripple (XRP) Price Analysis
Ripple (XRP) registered a sharp decline last week despite starting on a bullish note. By Thursday, XRP had dipped from a low of $2.90 to $2.24 as bearish sentiment intensified its grip significantly. Despite the prevailing bearish sentiment, XRP recovered on Friday, registering an increase of over 8% and settling at $2.42. Buyers retained control on Saturday as XRP jumped by 7.55% to move past $2.50 and settle at $2.61. However, sentiment changed on Sunday as buyers lost momentum. As a result, XRP registered a marginal drop to slip to $2.60.

Source: TradingView

Bearish sentiment intensified significantly on Monday as markets crashed. As a result, XRP fell almost 15%, plummeting to a low of $2.02. However, buyers prevented a further decline and propped the price up to $2.21. XRP faced considerable selling pressure on Tuesday as sellers drove it to a low of $1.90. However, it recovered from this level to register an increase of over 7% to reclaim $2 and settle at $2.37. XRP saw increased volatility on Wednesday as buyers and sellers struggled to establish control. Buyers ultimately gained the upper hand, and XRP registered an increase of 0.91% and settled at $2.39. The current session sees XRP up just over 2% as it attempts to reclaim $2.50.
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Solana (SOL) Price Analysis
Solana (SOL) has rebounded strongly from a low of $203 as it looks to move above the 20-day SMA and the resistance at $240. SOL faced considerable volatility almost all of last week as it attempted to move above the 20-day SMA but was repeatedly pushed back. SOL reached an intraday high of $244 last Thursday as it briefly went past the 20-day SMA. However, buyers lost momentum after reaching this level, and SOL fell back, dropping to $236 and registering an increase of 2.84%. Friday saw SOL push above the 20-day SMA again, but it fell back to $237, registering only a marginal increase.

Source: TradingView

With resistance persisting at this level, SOL could only register a marginal increase on Saturday before dropping on Sunday to settle at $237 after a drop of 0.48%. Bearish sentiment intensified considerably on Monday as SOL plummeted 8.55%, driven by a broader market crash. As a result, the price dropped to an intraday low of $205 before settling at $216. Sellers retained control on Tuesday as SOL dropped 1.47% and settled at $213. However, it recovered on Wednesday, rebounding from the 50-day SMA to register an increase of 6.38% and settle at $227, going beyond the immediate resistance at $220. The current session sees SOL up by 1.41% as buyers look to move above the 20-day SMA and reclaim $240. A move above these levels could see SOL retest the resistance at $250
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Ethereum (ETH) Price Analysis
Ethereum (ETH) is looking to go above the resistance at $4,000 as it makes a strong recovery from Tuesday’s low of $3,521. ETH experienced significant volatility on Thursday as it rose to an intraday high of $3,957 and fell to an intraday low of $3,644 before settling at $3,787, registering a decline of 1.48%. However, it recovered on Friday, registering an increase of almost 6% to climb above $4,000 and settling at $4,003. ETH registered a marginal drop on Saturday, slipping below $4,000 and settling at $3,999. However, it reclaimed $4,000 on Sunday after a marginal increase pushed the price to $4,007.

Source: TradingView

ETH could not remain above this level as bearish sentiment intensified on Monday after a sudden crash in the market. As a result, ETH dropped over 7% to an intraday low of $3,504 before recovering to climb above the 20-day SMA and settle at $3,716. Sellers retained control on Tuesday as the price dropped to a low of $3,521 before settling at $3,630 after a drop of 2.32%. ETH made a strong recovery on Wednesday, rising almost 6% and moving to $3,834. The current session sees ETH up nearly 3% as buyers look to push it above $4,000. A move above this level could see ETH push towards $4,400.
#MajorAirdropWatch $ETH

US Bankers Remain Cautious On BTC
US bankers remained cautious about Bitcoin (BTC) and other cryptocurrencies when speaking at the Reuters NEXT conference held in New York earlier this week. The cautious tone comes despite the expectation of a crypto-friendly administration under the incoming Trump administration. Trump secured the backing of major players from the crypto ecosystem by promising to be a “crypto” president and end the Biden administration's crackdown on the sector. However, despite the assurances, banks remain cautious about dealing with an inherently volatile asset and market. Goldman Sachs Chief Executive, David Solomon, stated,

“The regulatory framework has to evolve, and everyone’s speculating as to how that regulatory framework will evolve, but it's still unclear. But, for now, our ability to act in these markets is extremely limited.”

Solomon added that if the rules change, Goldman Sachs will evaluate dealing in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). BNY recently began offering custody of crypto assets held by exchange-traded products. The bank is also investing in an array of digital assets. However, its CEO believes anything new must be done with appropriate guard rails and tested through a few macroeconomic cycles.

During the Biden administration, regulators made it difficult for lenders to hold crypto tokens. They also issued accounting guidance, making it costly for banks to offer crypto custody services. However, that is expected to change once Trump enters the White House, with the crypto industry pushing for several policies to promote the adoption of digital currencies. Trump announced he would make former PayPal executive David Sacks the White House Crypto Czar and nominate pro-crypto attorney Paul Atkins as SEC Chair.
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Crypto Markets Recover
Bitcoin (BTC) climbed above $100,000 for the first time since it set a new all-time high of $103,900. BTC’s rally also pulled up other altcoins, with most registering substantial gains. Crypto stocks also registered a sharp jump, with Coinbase and MicroStrategy registering gains of 3% and 9% respectively. The crypto markets got a boost thanks to the November consumer price index numbers, which came in as expected. The consumer price index numbers registered an increase of 0.3% from October and a 2.7% increase from a year ago.

However, despite the recent price jump, investors expect BTC to struggle around the $100,000 mark in the short term but remain optimistic that its value could double by the end of the year.
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TOP LOOSERS IN THE PAST 24HOURS. Here's the breakdown:

1. ME:

Last Price: $5.116

24h Change: -8.69%

This cryptocurrency has experienced a significant drop in the past 24 hours.

2. PAXG (PAX Gold):

Last Price: $2,703

24h Change: +0.86%

A gold-backed token showing a modest increase in value.

3. DEGO:

Last Price: $3.215

24h Change: +1.48%

This asset is slightly up over the last day.

4. OM:

Last Price: $4.1732

24h Change: +1.56%

It shows a small positive growth in price.

5. MOVE:

Last Price: $0.6997

24h Change: +1.92%

A low-cost token that has risen moderately.

6. DEXE:

Last Price: $9.861

24h Change: +2.42%

This asset has shown the highest percentage increase among the listed tokens.
$ME $DEGO $OM

TOP GAINERS IN THE PAST 24 HOURS:

1. XVG (Verge)

Last Price: $0.016373

24h Change: +46.66%
Verge is known for its focus on privacy and anonymous transactions, leveraging technologies like Tor and stealth addresses. This significant price jump could indicate renewed interest or developments within the project.

2. AAVE

Last Price: $351.67

24h Change: +32.01%
AAVE is a leading DeFi protocol enabling users to lend and borrow assets. The spike in price may be linked to increased adoption or updates within the ecosystem.

3. BB

Last Price: $0.4746

24h Change: +31.83%
Without additional context, BB could represent several projects, but the jump suggests a major announcement or partnership, driving demand.

4. SUI (Sui Network)

Last Price: $4.8138

24h Change: +30.31%
Sui is a Layer 1 blockchain focused on scalability and user-friendly applications. The recent rise might reflect network upgrades or broader adoption of its tools.

5. CETUS (Cetus Protocol)

Last Price: $0.4201

24h Change: +29.30%
Cetus Protocol focuses on decentralized trading and liquidity solutions, often linked with ecosystems like Sui. This price rise suggests increasing activity or support in its network.

6. LINK (Chainlink)

Last Price: $28.60

24h Change: +27.51%
Chainlink is a widely-used oracle network connecting blockchain projects to real-world data. Its consistent price performance and this surge could be attributed to new integrations or partnerships.

#BTCReclaims101K #MarketMajorComeback $XVG $AAVE $BB

🚀 #BTCReclaims101k! Bitcoin is proving its dominance once again, smashing through the $101k barrier and fueling excitement across the crypto market. With institutional adoption rising and retail interest booming, are we witnessing the start of the next bull cycle? 🌕📈 Let’s talk about what’s next for BTC and the broader crypto ecosystem! 💎🔑

#BTCReclaims101K $BTC

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#BTCReclaims101k 🔥 | Bitcoin Back on Top!
After weeks of volatility, Bitcoin surges past $101,000, reclaiming its dominance. The bull run is back! 🚀

What’s next for the market? 🌐

#Bitcoin101k #CryptoComeback #BTCtoTheMoon #CryptoNews

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How’s that? Would you like any adjustments or additional focus?
$BTC