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As sellers pull back, Dogecoin (DOGE) and Shiba Inu (SHIB) might see more increases from investors The meme coins are being amassed by Dogecoin and Shiba Inu regular investors, while whales are distributing their holdings. Meme coin sales may decelerate if less than half of DOGE and SHIB wallets are making a profit at the moment. On Wednesday, DOGE and SHIB both added around 2% to their gains. As selling pressure on meme currencies like Dogecoin (DOGE) and Shiba Inu (SHIB) decreased on Wednesday, their gains were extended. Less than half of the wallet addresses holding these meme currencies are now lucrative, according to data from the on-chain intelligence tracker IntoTheBlock. Doge and SHIB have seen less selling pressure according to this statistic. As the market rebounds from the recent downturn, the meme coin category has seen a jump in market value. The on-chain metrics of Dogecoin and Shiba Inu contribute to success. Meme coins with a canine motif On Wednesday, after a widespread downturn in the cryptocurrency market, Dogecoin and Shiba Inu extended their gains. Crypto intelligence tracker IntoTheBlock reports that at $0.1093, 49.70% of DOGE wallet addresses are lucrative, while 32.26% of SHIB wallet addresses are profitable at $0.000017. At the present price levels, less than half of investors are making a profit. This means that more traders are underwater, meaning they have unrealized losses. This means that there will not be a lot of selling pressure on meme coins, because traders who are underwater are less likely to sell their assets to get to breakeven. The attitude among Dogecoin and Shiba Inu dealers on Wednesday is indifferent, according to IntoTheBlock statistics. Correlations between DOGE and SHIB and Bitcoin are 0.94 and 0.88, correspondingly. On Binance, Dogecoin's gains are extended by 2.12% while Shiba Inu's rally is 2.08% on Wednesday. The current market prices for DOGE and SHIB are $0.1098 and $0.000016, respectively. #DOGE #SHIB #BTC_Bounce_Back_to_57k $DOGE $SHIB
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Technical indicators reveal positive divergences, positioning BOME for a price surge Price action for Book of Meme is centered around a critical level of $0.0071, suggesting a possible rally soon. There was a reversal signaled by the positive divergence that the RSI and AO indicators created. If the daily candlestick closes below $0.0071, the bullish thesis would be rendered invalid. Near the crucial milestone of $0.0071, the price of Book of Meme (BOME) has leveled off. Bullish divergence between the Relative Strength Index (RSI) and the Awesome Oscillator (AO) suggests a possible reversal and higher trend in the near future. The recent price movement of Book of Meme indicates a positive trend. On Monday, the price of Book of Meme found support around $0.0071, which is the low from April 13. Its price is $0.0078 on Wednesday, up 3% from the previous day. Also, the daily chart shows that the Relative Strength Index (RSI) had higher highs on July 5 and a lower low on July 6. This change, known as a bullish divergence, often causes the trend to reverse or has a brief upswing. With a 7% increase to $0.0083, BOME might retest its daily resistance level if the $0.0071 support level holds. Additionally, BOME has the potential to retest its daily high of $0.0103 on July 1 if it closes above $0.0083, extending an additional 23% gain. But, a lower daily low would be produced by the Book of Meme price if the daily candlestick closes below $0.0071. This might indicate a change to negative market conditions. An 11% drop in BOME price, back to its July 5 daily low of $0.0063, would be caused by this shift in market structure, which would cancel out the optimistic prediction. #BOME #BinanceTournament $BOME
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#MarketSentimentToday 🔥🔥🔥Solana's JANI memecoin takes on the industry's leading meme currencies Leading meme currencies like as DOGE, SHIB, PEPE, BRETT, and MOG are targets for the newest crypto phenomenon, Jani Memecoin (JANI). I am certain that JANI will shake up the memecoin scene with her one-of-a-kind combination of comedy and community involvement. The Jani Memecoin project is more than meets the eye; it is a grassroots effort that brings together the lighthearted spirit of memes with the deep emotional connection felt by its backers. The tech-savvy duck leader Jani exemplifies creativity, resilience, and a strong sense of community. JANI is inspired by her cybernetic eye patch and futuristic armor. Amazing debut: JANI, which debuted on pump.fun just two days ago, saw a staggering rise of 24,900% from its initial market value of $4,000 to $1 million. Community on the rise: Jani's Telegram group has 1,000 members after just 2 days, a testament to the enthusiasm and development around JANI. To provide a safe space for its investors and guarantee stability, JANI has torched its liquidity. As of right now, JANI's market cap is 600,000. With a market valuation of $4,328,454,473, $PEPE ranks lower. JANI stays entertaining and current because it is community-driven in both decision-making and growth. The robotic and futuristic nature of Jani gives it a distinct identity and makes it stand out from other memecoins. Goals: JANI wants to be the best meme currency ever, surpassing DOGE, SHIB, PEPE, BRETT, and MOG. The crypto world is about to become quacky due to JANI's strong community, new features, and unique theme approach. #JANI #RichQUACK🐤 #memecoins
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Let's see how Memecoin trader turned $300 into $80,000
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A New Era of Affordable AI: How nuco.cloud is Leveling the Computing Power Playfield ⭐The groundbreaking decentralized cloud computing platform known as nuco.cloud was developed with the intention of making high-performance computing power more accessible to the general public. nuco.cloud, in contrast to standard cloud services, makes use of the idle processing capacity of ordinary devices all around the globe. This results in the creation of a broad and efficient network that lowers costs and increases accessibility. ⭐Built on blockchain technology, nuco.cloud guarantees security, transparency, and scalability, making it an excellent alternative for enterprises and academics that demand considerable computing resources but do not want to pay a heavy price tag for them. The ability to rent computing power on demand, with users only paying for what they really use, is ideal for a wide range of applications, including scientific simulations, machine learning, and processing of large amounts of data, among others. ⭐It is easy to use nuco.cloud because it provides a user interface that is straightforward and straightforward, which simplifies the process of accessing and managing computing resources. Furthermore, the platform emphasizes the importance of environmental sustainability by maximizing the use of pre-existing devices rather than depending on data centers that need a significant amount of energy. ⭐When it comes to meeting your computing requirements, nuco.cloud offers a method that is both cost-effective and scalable, regardless of whether you are a small company, a startup, or a huge organization. By embracing the future of cloud computing with Nuco.cloud, you will be able to enjoy unprecedented levels of flexibility, efficiency, and safety in your computational endeavors. #nucocloud #NCDT #BTC_Bounce_Back_to_57k #DePIN
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