Elon Musk can't stop. This time, Musk is purchasing 100 thousand chips for his new artificial intelligence initiative xAI. Musk announced that he raised $6 billion in funding for xAI, which he founded last summer. So, what will this huge budget be used for? Let's examine this exciting news in detail. Elon Musk is buying 100 thousand Nvidia-branded chips for his artificial intelligence company xAI. This $6 billion raised will be used to bring xAI company's first products to market, create advanced infrastructure, and accelerate research and development of future technologies. So far, xAI has introduced a chatbot called Grok, which it developed as a rival to OpenAI's #ChatGPT. Grok is currently only available to X Premium subscribers. This funding round included giant investors such as Andreessen Horowitz, Sequoia Capital, and Saudi Arabian Prince Al Waleed bin Talal. Last year, xAI announced it was seeking equity investment of up to $1 billion. However, a few months ago, The Financial Times reported that xAI was seeking $6 billion, and Musk denied the report at the time. Now we see that $6 billion has actually been collected. Developing artificial intelligence is not cheap. Nvidia's upcoming Blackwell B200 AI graphics cards range from $30,000 to $40,000 each. According to a report last week, xAI will require 100,000 of #Nvidia's existing H100 chips to power the upgraded version of its #Grok AI chatbot. #Musk told investors they plan to launch the new data center in the fall of 2025. The race for #AI chips, talent, and technology has never been this competitive. Major technology giants such as Google, Apple, Amazon, Microsoft, and Meta spend billions of dollars on artificial intelligence projects. Microsoft has formed a multibillion-dollar partnership with OpenAI. OpenAI CEO Sam Altman is seeking trillions of dollars to revamp the global chip industry. Musk, on the other hand, is suing OpenAI, claiming that it has deviated from its mission to benefit humanity. $XAI
Surviving the $PEPE Decline Stay Calm and Invest Wisely 🐸 If you invested in Pepe Coin (PEPE) and experienced losses, you are not alone. The key to getting through this turbulent time is to remain calm and patient. Here are some tips to help you manage: 1. Avoid panic selling 🚫 Do not rush to sell your assets in panic. This can lead to greater losses. Instead, consider waiting for the market to stabilize and perhaps return to your buy level. 2. Understand market fluctuations 📊 The cryptocurrency market is known for its rapid and unpredictable changes. While these fluctuations can be scary, they also provide opportunities for smart investors. 3. Adopt a long-term perspective 🕰️ Take a long-term view of your investments. Patience and flexibility are key. Don't let emotions drive your decisions. 4. Stay informed and calm 🧘♂️ Stay up to date with market trends and news, but don't let it overwhelm you. Maintain your composure and make decisions based on rational analysis. By remaining calm and poised, you can navigate through these difficult times and perhaps see your investments recover. Remember, patience is crucial in the world of cryptocurrencies. Stay calm, stay informed, and be patient. Please like 👍🏻 share the post to benefit everyone #Follow me to stay updated
🔥🔥🔥🔥 hello BinancianZzz 🔥🔥🔥 👉$PEPE vs. $SHIB! Which One Suits You Best? 💯
👉When deciding between $PEPE (Pepe coin) and $SHIB (Shiba Inu), here are the key points to consider:
➡️Origin: Launched in 2023, $PEPE features a green frog logo inspired by internet memes. $SHIB, on the other hand, debuted in 2020, drawing on the Shiba Inu dog meme. ➡️Market Cap: Currently, $SHIB boasts a market cap of over $4.27 billion while $PEPE's market cap stands at $280.43 million.👀 ➡️Purpose and Utility: $PEPE is primarily a meme coin with no specific use case, serving as a form of online expression. Conversely, $SHIB aims to be a decentralized cryptocurrency with multiple uses, including a decentralized exchange and an artist incubator. ➡️Supply and Circulation: $PEPE has a total supply of 420.69 trillion PEPEand a circulating supply of 391.79 trillion PEPE.🕵️♂️ $SHIB's total supply is 589.59 trillion SHIB with 589.35 trillion SHIBin circulation.🧠🧠 ➡️Exchange Rate: The current rate is 1 PEPE = 0.45 SHIB, with $PEPE rising +2.37% against $SHIB in the past 24 hours.
👉Considering these factors can help guide your investment or trading decisions between these two cryptocurrencies. Always conduct thorough research and be mindful of the crypto market's volatility before making any financial moves.
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Pepe Coin Price Prediction and Fresh Forecasts for Raboo Revealed! MAGA (TRUMP) Set to Break Barr...
SPONSORED POST*
Pepe coin’s price predictions are through the roof, with analysts predicting an incoming 229% rally for PEPE in the coming month. MAGA (TRUMP) is also defying a market-wide sideways trend with a 82% rally in the last week after Donald Trump’s endorsement of cryptocurrencies.
Amid the hype, Raboo sustains interest from investors with a fresh forecast that sets $RABT’s value at 233% up from its presale entry price of $0.003. $RABT is tipped to rally by another 100x on launch day.
Pepe coin price predictions are getting super bullish
CoinCodex’s Pepe coin price prediction forecast a 235% rally for the frog-themed meme coin by June 13th. After a market-wide correction following Bitcoin’s halving event, analysts now forecast a bullish resurgence for PEPE as technical indicators point to a healthy upward swing gathering momentum.
About 27 days ago, Pepe’s price rose by over 10% after the Coinbase listing of $PEPE’s perpetual futures. Upon its launch, Pepe’s iconic status among meme tokens saw its market capitalization rally past $500 million in barely just two weeks. Backed by a growing community of supporters, Pepe coin’s price predictions are increasingly bullish despite a market-wide neutral trend.
TRUMP coin’s price takes off following Trump’s crypto endorsement
TRUMP coin’s price continues to go against the grain, registering a 82% increase on its weekly chart as bulls and bears establish a pessimistic sentiment across the crypto market.
TRUMP coin’s price rally comes on the heels of Donald Trump’s declared acceptance of cryptocurrencies and non-fungible tokens (NFTs). Compared to Pepe coin’s price prediction, TRUMP coin’s price is gearing up for higher highs after breaking resistance levels at the $6.982 mark. Despite posting a 33.72% dip from its all-time high, analysts forecast that the TRUMP coin’s price will continue on a bullish trajectory for the short term.
Raboo’s fresh forecast reveals a 10,000% surge
A fresh forecast for Raboo is quite bullish, setting $RABT for a meteoric surge of 100x once it gets listed on major exchanges.
So far, $RABT has seen its price reach $0.0042 in the third stage of its ongoing presale against the backdrop of Raboo’s upcoming social-fi ecosystem. Raboo is developing the world’s first meme coin with elements of generative AI and a post-to-earn mechanism.
The whole idea is to enable Raboo users to earn from their AI-generated memes while engaging with like-minded meme coin enthusiasts. A fresh forecast has tipped Raboo to become the biggest AI-powered meme coin of 2024, with a 233% rally during the presale.
Conclusion
Pepe coin’s price predictions are all the rage, thanks to the meme coin’s growing community. As the U.S. prepares for elections, the TRUMP coin’s price is also projected to rally further on the backdrop of a hyper-political environment across the U.S. Amid this frenzy, a fresh forecast on Raboo’s $RABT could set its presale investors for highly lucrative gains. While Pepe and TRUMP coins defy market norms, investors are stock-pilling $RABT in anticipation of its launch.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
*This article was paid for. Cryptonomist did not write the article or test the platform.
PEPE cools off after updating an all-time high This week, the price of the popular memcoin PEPE rose significantly, updating another all-time high.
However, such impressive growth usually leads to profit taking, which can trigger a significant correction.
Investors are selling $PEPE
The price of PEPE broke through the key resistance at $0.00001007, which allowed the meme to update an all-time high. However, it also prompted crypto-enthusiasts to sell.
According to data from analytics platform Santiment, realized gains for PEPE holders hit a two-month high. If the selling pressure intensifies, memcoin could be in for a serious drawdown.
In addition, more than 40% of the network's participants are currently in profit. This is the maximum figure for active PEPE addresses.
PEPE price forecast: a fall ahead
PEPE price is trading at $0.00001020 after forming a new ATH. A break of $0.00001007 support is likely to send the memcoin towards $0.00000900. If this level fails to hold, the coin will face a correction towards $0.00000750.
However, if PEPE owners decide to hold on to the coin in the hope of further growth, the asset will have a chance to recover. A rebound from $0.00001007 will allow the price to return to the peak values, refuting the bearish scenario.
Based on the latest available data, the price prediction for Pepe Coin (PEPE) on May 18, 2024, suggests a potential increase. The forecast indicates that the price of Pepe Coin could rise to approximately **$0.00001380**¹. This represents a significant increase from its current price of **$0.00001123**¹. The sentiment in the market is currently bullish, with a Fear & Greed Index showing **66 (Greed)**¹. It's important to note that cryptocurrency markets are highly volatile and predictions are not guarantees of future performance. Always consider seeking independent financial advice before making any investment decisions.
Bullish PEPE price prediction for 2024 is $0.00001110 to $0.00002662.Pepe (PEPE) price might reach $0.00005 soon.Bearish (PEPE) price prediction for 2024 is $0.00000171. In this Pepe (PEPE) price prediction 2024, 2025-2030, we will analyze the price patterns of PEPE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. Pepe (PEPE) Current Market Status
What is Pepe (PEPE)
A deflationary memecoin launched on Ethereum is $PEPE . PEPE presents a unique offering within the meme coin market by building upon the legacy of Pepe the Frog, a character with a longstanding and controversial history. PEPE‘s burning mechanism further highlights its distinct nature, aiming to maintain scarcity within the market. PEPE is an ERC-20 token on the Ethereum blockchain, which is secured by the Proof-of-Stake (PoS) consensus mechanism. Decentralized validators stake 32 ETH to process transactions and secure the network. Pepe 24H Technicals
Pepe (PEPE) Price Prediction 2024 Pepe (PEPE) ranks 24th on CoinMarketCap in terms of its market capitalization. The overview of the Pepe price prediction for 2024 is explained below with a daily time frame.
In the above chart, Pepe (PEPE) laid out a horizontal channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channel’s lines. At the time of analysis, the price of Pepe (PEPE) was recorded at $0.00001016. If the pattern trend continues, then the price of PEPE might reach the resistance levels of $0.00001096, and $0.00002590. If the trend reverses, then the price of PEPE may fall to the support of $0.00000732 and $0.00000473. Pepe (PEPE) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Pepe (PEPE) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of Pepe (PEPE) for 2024.
Pepe (PEPE) Price Prediction 2024 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Pepe (PEPE) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current Pepe (PEPE) market in 2024.
Pepe (PEPE) Price Prediction 2024 — ADX, RVI In the chart below, we analyze the strength and volatility of Pepe (PEPE) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of Pepe (PEPE).
Comparison of PEPE with BTC, ETH Let us now compare the price movements of Pepe (PEPE) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of PEPE is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of PEPE also increases or decreases respectively. Pepe (PEPE) Price Prediction 2025, 2026 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Pepe (PEPE) between 2025, 2026, 2027, 2028, 2029 and 2030.
Conclusion If Pepe (PEPE) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Pepe (PEPE) price prediction for 2024 is $0.00002662. Comparatively, if unfavorable sentiment is triggered, the bearish Pepe (PEPE) price prediction for 2024 is $0.00000458. If the market momentum and investors’ sentiment positively elevate, then Pepe (PEPE) might hit $0.00005. Furthermore, with future upgrades and advancements in the Pepe ecosystem, PEPE might surpass its current all-time high (ATH) of $0.000004354 and mark its new ATH #PEPEATH #pepe⚡ #altcoins #BTC #memecoin🚀🚀🚀 Thank you for reading the article. Do not forget to follow me to receive all new posts and articles ☺️ ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT
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$PEPE The PEPE cryptocurrency, often associated with meme coins, has been showing some interesting activity in the market. Here’s a brief analysis based on the latest information:
Current Price: The live Pepe price today is approximately $0.000008549 USD1.
24-Hour Trading Volume: PEPE has a significant 24-hour trading volume of around $479.3 million USD, which indicates a high level of current trading interest.
Market Performance: Over different time frames, PEPE has shown varied performance with an increase of 3.81% in a day, 8.05% in a week, and a substantial 608.94% in six months.
Technical Analysis: Some analysts suggest that PEPE is ready for a correction, potentially hype by around 40%, while others believe it has room for massive growth if the broader crypto market remains neutral or bullish.
Market Sentiment: PEPE’s value is considered speculative and driven largely by social media hype. However, its consistent rise could indicate underlying market momentum.
human nature Today, I bought some $PEPE coins at a low price, but then they started going up. When they reached a higher price, I felt like buying more because of FOMO (fear of missing out). Eventually, I sold some of my coins at a higher price and made a profit. However, I should have: 1) Kept some coins in reserve in case the price went down. 2) Not bought more when the price was going up quickly. 3) Sold at a reasonable price instead of waiting for the highest price. Even if you plan to hold onto a coin for a long time, you can still make profits by selling some of it when the price goes up. Many of my friends bought at different prices, but I do both long-term and short-term holding, buying and selling regularly. This is just friendly advice, and I'm open to corrections.