Shiba Inu Faces Critical Test at 56 Trillion SHIB Level.

The cryptocurrency market is watching with bated breath as Shiba Inu (SHIB) bulls face a critical test at the 56 trillion SHIB level.

At this key range, the SHIB price is witnessing a tug-of-war between bulls and bears. The outcome of this battle could set the tone for SHIB's market performance in the days ahead.

According to IntoTheBlock, 56.82 trillion SHIB were bought in the range of $0.000026 and $0.000029, around where SHIB currently trades by 2,880 addresses at an average price of $0.000027.

A strong defense of this level by bulls could signal renewed confidence in the token's potential, while a breach by the bears might indicate a loss of support and a possible downturn in price.

In this case, there are two possible outcomes: the 56 trillion SHIB level could serve as a springboard for growth or a barrier that causes a decline.

If this level is successfully reached, Shiba Inu will move to the next mega resistance in the area of $0.000029 to $0.000051, where 94.17 trillion SHIB were purchased by 239,610 addresses at an average price of $0.000036.

On the other hand, if Shiba Inu loses the support of its current trading range at $0.000026, bulls will face a stiff challenge. This is because there is very little support beneath this area, with the next major support between $0.000019 and $0.000025, where 77.26 trillion SHIB were purchased by 85,040 addresses at an average price of $0.000023.

At the time of writing, SHIB was up 0.85% in the last 24 hours to $0.000027.
#BullorBear #Memecoins #BinanceLaunchpool
In positive news, Shiba Inu has joined the Content Delivery and Security Association (CDSA) to explore opportunities for media and entertainment afforded by new blockchain technologies.

In other news, Shiba Inu partner d3 has announced new updates, including support for BONE and SHIB payments on Shibarium and direct-to-wallet minting



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🚨🚨🚨🚨

🐕🔥 Shiba Inu: How many years will it take for $SHIB to reach $1? 🚀📈

🚀 The Shibarium layer-2 network is set to kick off SHIB token burning from January 2024, with 70% of transaction fees earmarked for this purpose.

💸 But even with this ambitious plan, reaching $1 remains a distant dream.

😔 If Shibarium burns 3 trillion tokens annually, it still won't push SHIB to $1 in our lifetime.

⏳ With 589 trillion tokens in circulation and only 1.3 million holders, demand struggles to keep up with the ample supply.

📉 Even with aggressive token burning, it would take a whopping 98 years for SHIB to hit $1 – an impossible feat in our lifetime.

💭🚫 Unless Shibarium ramps up its burn rate to over 100 trillion tokens per year, $1 remains a distant fantasy.

🌟 Keep dreaming, Shibaholics – but don't hold your breath for that dollar milestone just yet!

#cpi #BinanceLaunchpool #BullorBear

With a staggering 48,554.74% increase in the overall SHIB burn rate. This massive spike was driven by just two burn transactions, which sent 61,908,927 SHIB and 25,852,066 SHIB to unspendable blockchain wallets, permanently removing them from circulation.

The timing of this impressive burn coincides with a festive statement from the mysterious SHIB lead developer, Shytoshi Kusama, who recently broke his silence on social media to wish the SHIB community a Happy Easter.

Kusama has been quietly working behind the scenes, and his appearance has coincided with this surge in burns.

#cpi #BullorBear #BinanceLaunchpool

What Happened When #Shiba Inu Burn Rate Rose 48,554% in One Day

Shiba Inu's burn rate dropped last week as the meme coin's price fell. The burn rate suffered when the daily amount of tokens burnt fell dramatically. As the week ends, the Shiba Inu burn rate has skyrocketed, pushed on by the project's chief developer.

Shibburn, the Shiba Inu burn monitoring website, reports a rise in SHIB tokens delivered to the burn address. Burning 87.76 million tokens in 24 hours increased the burn rate by 48,554.74%.

Interestingly, just two wallets burnt tokens. First, the “0xb8001c3” wallet delivered 61.9 million tokens to the burn on Wednesday. Two hours later, the “0xa9d1e0” wallet with 25.85 million SHIB tokens made the next transaction.

From 180,375 tokens burnt in one 24-hour transaction the day before, there was a tremendous change. The Shiba Inu burn rate dropped 99.59% due to this terrible figure.

Despite the spike in the past day, the burn rate is still dismal compared to the previous week. Shibburn reports 275.57 million tokens burnt in the last week, down 4.63%.

Burn rates might rise due to community sentiment or the Shiba Inu team burning tokens. The current burn pattern seems organic, therefore it wasn't any of those things.

This may indicate a comeback in Shiba Inu investor attitude, particularly about SHIB token reduction. By decreasing supply, demand exceeds supply, raising meme coin prices.

SHIB's price rose 0.32% following the burn trades. Bitcoin price fluctuates and favors a decline, so the rebound may be short-lived.

#BinanceLaunchpool #BullorBear #cpi

#BullorBear #BinanceLaunchpool #SHIB
Shiba Inu has created history with its mind blowing hold over the world. The financial system was revolutionized when Shiba Inu started climbing the ladder. The coin is expected to show a surge in the coming days, but it would require a technical eye to understand. It is utmost important for any trader to understand the charts and then invest their hard earned money. 
As of 9 April 2024 , the Shiba Inu price is trading at $0.00003214 , with a market cap of $18,944,199,914 . The technical chart on the weekly time frame shows the SHIB price is developing a bullish reversal pattern called the rounding bottom. 
This chart setup is commonly interpreted as the bottoming of a downtrend as investors showcase a renewed buying interest. Under the influence of this pattern, the buyers should challenge the All-time high resistance and give better confirmation of the bull run market.
According to CoinGape's price prediction produced and curated by a team of experienced analysts, Shiba Inu Price is expected to move exponentially in 2024. The highest forecast for SHIB in 2024 is $4,852.51 and the lowest at $4,054.59.
It is anticipated that Shiba Inu price will be at an average price of $4,185.58 in 2024, setting the pace for higher levels in 2025.
Minimum Price: By 2025, Shiba Inu could stabilize around a minimum of $4,054.59
Maximum Potential: The upper limit might reach an impressive $4,852.51
Average Trading Price: On average, expect Shiba Inu to trade around $4,185.58

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Remember that working online provides flexibility, and you can choose how much or how little work you take on. Explore these options, avoid scams, and find the right fit for your skills and interests. Happy earning! 💸🌟#BullorBear #BinanceLaunchpool #Memecoins

#BullorBear #BinanceLaunchpool $BNB 



Hamza Traders

Bullish

2h・3.4k views

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Earn 3$ In Every 30 Seconds

Certainly! Let's explore a fascinating way to potentially earn money online. 🌟

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Remember, while the idea of earning $3 every 30 seconds sounds exciting, it's essential to approach online income opportunities with a critical eye. Always verify the legitimacy of any method and exercise caution. Happy earning



taseer_ahmad

5h・12.3k views

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🚨$1 SHIB Possible?🚨

$1 SHIB is possible, but only if the team decides to erase some zeros from the total supply.

At the current price of $0.000027, SHIB would need to be nearly 40,000x to get to $1.

That would involve its market cap reaching an impossible $640 trillion, which is probably more than the value of all assets on the planet summed.

Shiba Inu Price Prediction – Where Next for SHIB?

A quick look at the SHIB chart suggests the Shiba Inu price is probably headed for a retest of mid-March lows in the $0.000024 area.

That is a strong support zone, with the 50DMA also coming into play. If the Shiba Inu price can find strong support here, it could soon break its recent downtrend.

That could open the door to a quick retest of its recent highs in the $0.000045s.

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As the crypto market takes a brief pause after impressive growth last quarter, large investors’ attention seems to be shifting towards meme coins, presenting a notable trend amidst the dynamic landscape of cryptocurrencies.
This is exactly what happened with the dog-themed cryptocurrency Shiba Inu (SHIB), as three new wallets accumulated a staggering 184 billion SHIB, worth approximately $4.9 million, mid-this week.
According to a Wednesday tweet by the renowned on-chain “The Data Nerd,” these fresh wallets withdrew the SHIB from major exchanges like Binance and Coinbase within 24 hours.
Furthermore, this surge in SHIB whale activity is complemented by a significant increase in large holder netflow. According to data from onchain analytics firm IntoTheBlock, Shiba Inu has experienced a positive 1,058% uptick in large holder netflow over the past 30 days, signifying a broader trend of accumulation by whales as bulls launch full gaze on the $0.001 price level. This trend also suggests a growing confidence among whales in the long-term prospects of SHIB despite short-term price volatility.
Notably, amidst SHIB’s growing traction, there has also been a parallel surge in meme coin trading, as highlighted by a report from Coingecko earlier this week. As per the report, meme coins experienced an impressive 1,312% average returns in the first quarter of 2024, with coins in the layer 1 category like Bitcoin, Ethereum and Solana posting just 70.0% returns.
Despite the positive indicators and bullish momentum projected by various pundits, SHIB’s price remains susceptible to volatility. After surging impressively in early March and tapping a multi-month high of $0.000045, the cryptocurrency has recoiled by around 33%.
According to crypto analyst “SHIB KNIGHT,” the current movement of SHIB within the range of $0.00002392 to $0.00003308 suggests a potential consolidation phase. In a tweet to his 427,000 followers, the analyst highlighted support levels at $0.00002392 and $0.00002125 as potential buy zones in the event of further downward movements.
That said,

Our risk checks have not detected risks, however, this does not mean it's risk free.
$PEPE Coin is currently trading at $0.00000706 after losing -13.06% in the last 7 days. According to our price prediction, the price of PEPE will rise by 48.92% in the next 7 days and reach $0.00001053. The long-term forecast for Pepe Coin is bullish, as our Pepe Coin price prediction estimates that the PEPE price will reach $0.00001893 1 year from now, which would represent a 167.69%
The Pepe Coin price prediction for next week is between $ 0.0₅9884 on the lower end and $ 0.00001146 on the high end. Based on our PEPE price prediction chart, the price of Pepe Coin will increase by 15.90% and reach $ 0.00001146 by Apr 14, 2024 if it reaches the upper price target.
Risk Analysis🤯
Our risk checks have not detected risks, however, this does not mean it's risk free.
Pepe Coin is currently trading at $0.00000706 after losing -13.06% in the last 7 days. According to our price prediction, the price of $PEPE will rise by 48.92% in the next 7 days and reach $0.00001053. The long-term forecast for Pepe Coin is bullish, as our Pepe Coin price prediction estimates that the PEPE price will reach $0.00001893 1 year from now, which would represent a 167.69%#BinanceLaunchpool #BinanceLaunchpool #BinanceLaunchpool

#WIF #SHIB #sui #BullorBear

Our risk checks have not detected risks, however, this does not mean it's risk free.

Pepe Coin is currently trading at $0.00000706 after losing -13.06% in the last 7 days. According to our price prediction, the price of PEPE will rise by 48.92% in the next 7 days and reach $0.00001053. The long-term forecast for Pepe Coin is bullish, as our Pepe Coin price prediction estimates that the PEPE price will reach $0.00001893 1 year from now, which would represent a 167.69%

The Pepe Coin price prediction for next week is between $ 0.0₅9884 on the lower end and $ 0.00001146 on the high end. Based on our PEPE price prediction chart, the price of Pepe Coin will increase by 15.90% and reach $ 0.00001146 by Apr 14, 2024 if it reaches the upper price target.

Risk Analysis🤯

Our risk checks have not detected risks, however, this does not mean it's risk free.

Pepe Coin is currently trading at $0.00000706 after losing -13.06% in the last 7 days. According to our price prediction, the price of PEPE will rise by 48.92% in the next 7 days and reach $0.00001053. The long-term forecast for Pepe Coin is bullish, as our Pepe Coin price prediction estimates that the PEPE price will reach $0.00001893 1 year from now, which would represent a 167.69%



taseer_ahmad

1h・2.2k views

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🚨PEPE PREDiCTION🚨

Risk Analysis🧐

Our risk checks have not detected risks, however, this does not mean it's risk free.

Pepe Coin is currently trading at $0.00000706 after losing -13.06% in the last 7 days. According to our price prediction, the price of PEPE will rise by 48.92% in the next 7 days and reach $0.00001053. The long-term forecast for Pepe Coin is bullish, as our Pepe Coin price prediction estimates that the PEPE price will reach $0.00001893 1 year from now, which would represent a 167.69%

The Pepe Coin price prediction for next week is between $ 0.0₅9884 on the lower end and $ 0.00001146 on the high end. Based on our PEPE price prediction chart, the price of Pepe Coin will increase by 15.90% and reach $ 0.00001146 by Apr 14, 2024 if it reaches the upper price target.

Risk Analysis🤯

Our risk checks have not detected risks, however, this does not mean it's risk free.

Pepe Coin is currently trading at $0.00000706 after losing -13.06% in the last 7 days. According to our price prediction, the price of PEPE will rise by 48.92% in the next 7 days and reach $0.00001053. The long-term forecast for Pepe Coin is bullish, as our Pepe Coin price prediction estimates that the PEPE price will reach $0.00001893 1 year from now, which would represent a 167.69%#BinanceLaunchpool #Memecoins #BinanceLaunchpool

$SHIB is currently busy breaking its direct resistance at $0.000026. If purchasing power continues to increase, this will also be successful and SHIB can continue to orient itself upwards. There are smaller resistances up to $0.00003, but these can quickly increase and further slow down SHIB on the way up. Created by the Kryptoshark. The lower major resistance at $0.000025 is strong and there are also several major resistances before that, which is why a quick price fall is not to be expected. on the contrary. An slight upward trend is expected in the coming hours. Created by the Kryptoshark#BinanceLaunchpool #BinanceLaunchpool #Memecoins

Hold on to your hats, folks, because the United States government has come out with news that will shake the financial world to its foundations! 💣
In a move that sent shockwaves around the world, the US government announced plans to adopt the crypto phenomenon#SHIBas its official currency, bidding farewell to the traditional USD and heralding a new era of digital finance! 💸🌎
Get ready for a seismic shift in the financial landscape as the Mighty $SHIB takes center stage, capturing the hearts and wallets of millions around the world! 🐕💰
This groundbreaking decision will revolutionize the way we transact, invest and navigate the digital economy. 🌐✨
As the world prepares for this unprecedented move, stay glued to your screens for updates and reactions from global corners! 📺🌍
Will#SHIBtake over as the new king of currencies? Time will show us!#BinanceLaunchpool #Memecoins #BullorBear

Shiba Inu on Verge of 4 Million Addresses as SHIB Adoption Rate Jumps.
Dog-themed cryptocurrency Shiba Inu (SHIB) is on the brink of achieving a significant milestone, approaching the four million mark in total addresses, which refers to all addresses that have ever been created and at one point have held SHIB, including those that still do.
This comes as the SHIB adoption rate has significantly increased, indicating growing interest in the cryptocurrency.
Into The Block data indicates that Shiba Inu has reached 3.98 million total addresses, boosted by a surge in new addresses being created as SHIB peaked at highs of $0.00004575 on March 5.
According to data from the same source, Shiba Inu's new adoption rate, which indicates the rate of new user adoption, is currently 40.22%.
The new adoption rate indicator from IntoTheBlock gives the percentage of new addresses making their first transaction out of all active addresses on a given day. It provides insight into the share that newcomers make out of total activity.
At a current 40.22%, this implies that two out of five active SHIB addresses are new to the network.
This Shiba Inu adoption rate remains particularly impressive as the market faces uncertainty. Since the start of April, the crypto market has faced volatility, owing largely to macroeconomic uncertainty.
After a stellar 144% price increase in March, SHIB's price has struggled to gain momentum. Shiba Inu has steadily declined since March 28, when it reached a high of $0.00003285.
According to CoinMarketCap, the price of Shiba Inu is $0.0000269, up 2.67% in the last 24 hours after falling for two days in a row.
In positive news, Shiba Inu has surpassed Bitcoin as the most traded digital asset on WazirX, one of India's top cryptocurrency exchanges.#BinanceLaunchpool #Memecoins #BullorBear

Lucy participated in an investment plan “https://platinumroletrading.com”, which claims that the rate of return can reach 100% in 21 days. When it was time to withdraw the currency, the scammer pretended to be Binance and sent a fake Binance email, requiring Lucy to recharge 35,000 USDT to unlock it before receiving "profit". Only then did Lucy realize that she had been scammed.
This is a typical false investment scam. I must tell you:
1. Most investments that promise absolutely high returns are scams;
2. Impersonate Binance happens from time to time. Please remember to use Binance Verifyto identify whether it is official Binance. You are also welcome to consult customer service through the official website.#BinanceLaunchpool #BullorBear #BinanceLaunchpool

Solana-based meme coins are experiencing a tough time, with many seeing significant outflows and a negative price trend over the last 24 hours. Looking at the bigger picture, it seems that players on the meme coin market are shifting their focus to other blockchain platforms like Base to find more opportunities or simply because they believe that Solana's Meme coin potential is gone.
Major outflows are being seen across the board on Solana. It is no surprise that these assets are gradually losing value. Meme coins are very speculative, almost like gambling, and the risks are high. Often, the creators of these coins may pull the rug out by removing all the liquidity, causing losses of up to 100%, especially if the liquidity is not locked. Other scamming tactics include freezing wallets, which can trap investors' funds.
The data on large Solana meme coins sorted by Fully Diluted Valuation shows a persistent trend: most are in the red, with substantial drops in the last day. This trend is not isolated to Solana, as other popular meme coins are also bleeding heavily. Investors are likely moving to different chains, seeking risk and meme coin exposure elsewhere.
Separately, looking at Solana (SOL) itself, its performance has also been bearish. SOL has been seeing a downward trend recently despite the successful breakthrough of the symmetrical triangle. Unfortunately, the price went down after a few days of trading above the formation.
Essentially, memes on Solana are slowly losing steam. Investors in this space should proceed with caution, as the volatility and risk of loss are high. The current outflows suggest a bearish outlook for Solana meme coins. However, as has been proven in the past, investors have a short memory, and the meme coin trend might come back. It might happen on a different chain, but Solana stands out as one of the best contenders for such a shift#Memecoins #BinanceLaunchpool #BinanceLaunchpool

Bitcoin ETF Does Better Than Expected; According to Bitwise CIO.

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#BinanceLaunchpool #BullorBear #BinanceLaunchpool





Crypto Web3 Today

Bullish

4h・115.4k views

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Elon Musk Makes Surprising Cardano (ADA) Move, But There's Big Catch.

Tech centibillionaire, owner of Twitter/X platform and several other innovative tech companies Elon Musk has shown signs of interest in Cardano and its native coin, ADA, recently, according to a tweet by a major ADA-focused X account.

User @CardanoFeed published a screenshot showing that Elon Musk now follows his ADA news handle. "Welcome aboard!" he tweeted, tagging Elon Musk.

This comes as a surprising turn, considering the fact that Musk is a firm supporter of Dogecoin and also often talks about BTC. In 2021, Tesla even acquired $1.5 billion worth of it, pushing Bitcoin to an all-time high in April that year. Tesla also accepted Bitcoin in the same period of time for a few months, until Musk shut it down over controversial environmental concerns regarding Bitcoin mining. Whenever ADA or other communities, such as SHIB or XRP, have been trying to get Musk's attention under his tweets, the billionaire has always ignored them.

This thing with ADA and Musk seems pretty convincing; however, in the comments thread, X user @CryptoIRELAND1 hinted that this is likely an April Fool's joke.

Elon Musk gets community rolling on the floor with his April Fool's tweet.

Earlier today, X owner Musk tweeted that he has taken the position of the chief DEI officer at Disney, adding that he looks forward to working with Bob Iger and Kathleen Kennedy to "to make their content MORE woke!"

The crypto community supported Musk's

trolling attempt and started publishing

memes to stress what they call the "woke

position" of Disney, Netflix and other giants from various business areas when it comes to social policy in various spheres of life.

Dogecoin eyes massive bull run, per analyst.

According to a recent tweet published by crypto analyst Ali Martinez, Elon Musk's favorite cryptocurrency, DOGE, currently mirrors the pattern it followed between 2018 and 2021. The latter is the year when the original meme coin reached an all-time high, hitting