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The Shiba Inu price is $0.00002208, a change of -1.33% over the past 24 hours as of 5:00 a.m. The recent price action in Shiba Read more... The shiba inu coin, or SHIB, is an ERC-20 token that fuels the Shiba ecosystem. #SHIB💥 #Megadrop #Token2049 #bitcoinhalving #BullorBear

The Shiba Inu price is $0.00002208, a change of -1.33% over the past 24 hours as of 5:00 a.m. The recent price action in Shiba Read more... The shiba inu coin, or SHIB, is an ERC-20 token that fuels the Shiba ecosystem.

#SHIB💥 #Megadrop #Token2049 #bitcoinhalving #BullorBear

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Dogecoin Breakout: Analyzing Indicators for Potential Upside The Dogecoin price chart has witnessed a significant breakout, surpassing the crucial level of $0.156. This level had previously acted as a resistance zone, confining its price movements within a specific range for an extended period. The successful breach of this barrier opens up new possibilities for further price appreciation. Dogecoin has also reached the upper Bollinger Band level. A decisive move above this level could signal a more robust bullish sentiment among traders, potentially propelling the price towards the $0.20 mark. Dogecoin’s Relative Strength Index (RSI), represented by the purple line, has moved from yesterday’s reading of 30 to just over 50, suggesting growing investor interest. Furthermore, Dogecoin’s price exceeds the 50-day and 200-day Simple Moving Average (SMA) lines. These moving averages act as crucial support levels, and Dogecoin’s position above them signifies a potentially sustained uptrend. An intriguing observation is the recent over 280% uptick in Dogecoin’s trading volume. This brings the 24-hour trading volume to nearly $3 billion. While this signals an uptick in trading activity, it remains uncertain whether it results from whales selling off coins to take profits.  Moreover, recent data suggests that whales have been offloading their Dogecoin holdings rather than accumulating more. On May 19, WhaleAlert shows that 120,000,000 DOGE tokens ($18,555,179) have been moved from an unknown wallet to a Robinhood exchange. This could delay a substantial rebound in the short term. #DOGE🔥🔥
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Why is crypto up today? The crypto market has seen a significant rise over the past 24 hours. The global cryptocurrency market capitalization increased by 7.5%, totaling $2.75 trillion. At the time of writing on Tuesday morning (UTC), only four coins among the top 100 are down. Arweave (AR) fell the most among these four: 7.3% to $45.27.It is followed by GALA’s 3%, Zebec Protocol (ZBC)’s 2%, and Jupiter (JUP)’s less than 1%. On the other hand, the best performer in this category today is Lido DAO (LDO). It’s up 30.5% to $2.3. Pyth Network (PYTH) and Ethena (ENA) are up over 20%. Nearly 30 other coins have recorded double-digit increases. Furthermore, all top 10 coins per market cap are up today. At the top of this category we find Lido Staked Ether (STETH) and Ethereum (ETH). They are up 18.4% each. Dogecoin (DOGE) is the next best performer, having gone up 8.5% to $0.16348. Solana (SOL)’s is the smallest increase. It’s up 3.2% to $182.93. Bitcoin (BTC) appreciated 6.6%, surpassing the $70,000 mark again, now trading at $71,163. Bitcoin has also achieved all-time highs against local currencies in several countries across Asia and South America. Meanwhile, Ethereum, as said, went up 18.4%, currently changing hands at $3,659. The odds for Ethereum exchange-traded fund (ETF) approval seem to have increased, as the US Securities and Exchange Commission (SEC) asked exchanges to update their spot Ethereum ETF filings. #ETHETFS #btc70k #altcoins #BinanceLaunchpool #BlackRock
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