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It sounds like you're keeping a close eye on the market trends and potential opportunities. Considering the hints from #UltiverseDAO 's official account and past patterns with #MegadropLista and $FDUSD , it's wise to proceed cautiously and evaluate the risks before making any investment decisions. It's essential to consider both potential gains and potential losses in any investment strategy. #EarnFreeCrypto2024

It sounds like you're keeping a close eye on the market trends and potential opportunities. Considering the hints from #UltiverseDAO 's official account and past patterns with #MegadropLista and $FDUSD , it's wise to proceed cautiously and evaluate the risks before making any investment decisions. It's essential to consider both potential gains and potential losses in any investment strategy.

#EarnFreeCrypto2024

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### #shibaโšก Inu in the Market: Analyzing Just open the box ๐ŸŽ and collect your free 1usd ๐ŸŽ๐Ÿ’ต SHIB's Price Relationship with Bitcoin and Ethereum Data shows that Shiba Inu's price has closely followed Bitcoin's movements more than any other asset, with $SHIB and BTC showing the highest price correlation over the last 30 days. #### Shiba Inu and Market Trends Shiba Inu (SHIB) benefits or suffers from broader market trends. When the market is up, SHIB usually sees price increases. Conversely, during market downturns, $SHIB experiences significant declines. #### Shiba Inu Follows Bitcoin This trend has been consistent throughout the year, particularly noticeable in late April. Bitcoin dropped 15% from $66,000 on April 23 to $56,000 on May 1, marking its lowest price in three months. Shiba Inu followed a similar path, dropping from $0.00002689 on April 23 to $0.00002057 on May 1, a 23.5% decline. This shows the strong correlation between SHIB and Bitcoin. #### SHIB's Correlation with Bitcoin According to IntoTheBlock data, Shiba Inu has a 79% correlation with Bitcoin over the last 30 days. This means SHIB's price movements are strongly linked to Bitcoin's. In comparison, Cardano (ADA) has a 62% correlation with Bitcoin during the same period. While this high correlation can be good for SHIB, it also means that SHIB will likely follow Bitcoin's trends. If Bitcoin faces market challenges, SHIB is expected to follow suit. Recently, Bitcoin struggled at the $70,000 level and dropped to $68,000, which also affected SHIB's price. Since May 30, SHIB has seen six consecutive losing days, dropping 6.17% this month. #ETHETFsApproved #BinanceLaunchpool
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### #altcoinsByZeusInCrypto binance Investors Seek Higher Returns and New Ventures Click And Collect Yours FREE 1 USDT ๐ŸŽ๐ŸŽ Altcoin investors are always on the lookout for higher returns and new opportunities. Sometimes they succeed, but other times they wait for years without seeing the desired profits. Today, we're focusing on an altcoin that could rise to $0.229 in June. #### $ALGO Price Commentary Bitcoin's price has surged above $70,000, boosting activity in altcoins. Many cryptocurrencies are gaining value, and this positive trend seems to be preparing for new highs, especially with the ETH ETF launch on the horizon. So, whatโ€™s the current status of Algorand (ALGO)? Data from IntoTheBlock shows that only 9.39% of ALGO investors are currently making a profit. A few weeks ago, this rate was above 90% for FLOKI Coin and even higher for other altcoins at their all-time highs. For ALGO, with profitability below 10%, the price might be attractive for buying. Interestingly, 88.40% of ALGO investors are still holding their coins despite not being profitable. The average holding period for investors is 11 months, which is longer than for altcoins like Avalanche. It's nearly as long as Cardano, known for its โ€œbuy and holdโ€ strategy, which has a 12-month average holding period. #### ALGO Coin Price Prediction About 20% of ALGOโ€™s supply is held by whales, a rate that has increased by around 1% since May. The number of daily active addresses is over 54,000, which is impressive compared to Avalanche and Dogecoin. Transaction activity on the Algorand network is also trending positively. Since the end of last year, daily transactions have doubled to 1.36 million. Most of these transactions are valued at less than $1, likely due to applications utilizing Algorand's low-cost fees. From a technical analysis perspective, ALGOโ€™s price has been between $0.200 and $0.169 since late April. A breakout above $0.2 could spark a rally towards $0.229,
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