New Coins, Same Old Scam: The Tragedy of Pump-and-Dump Culture
The crypto market has become a goldmine—not for investors, but for scammers. Every week, a new coin seems to pop up, promising revolutionary technology or instant riches. Yet behind the polished marketing and viral tweets lies a harsh reality: most of these projects are designed to fail, leaving everyday investors as collateral damage.$MOVE $ME
The cycle is predictable. Developers launch a new coin, backed by hype and influencers, and prices soar as unsuspecting buyers rush in. But when the “p
Oh wow, #2024withBinance really bringing the heat… to my portfolio losses. Who needs green candles anyway? Red is so festive this time of year!🔥$BTC $ETH
Do We Really Need More Coins? Or Is This Just Pocket Change Propaganda?
In a world teetering on the brink of collapse—wars, climate disasters, and the rise of AI overlords—someone, somewhere, decided, “You know what will fix this mess? A new coin.” That’s right, folks, because nothing screams innovative solutions like tinkering with the one thing we all actively hate carrying.
The Design Dilemma: Who Comes Up with This Stuff?
Let’s talk about these “exciting” new designs. Oh, look! Another coin with a historical figure, because nothing says “relevance” like slappi
The Tale of the Bull and Bear Coin In the heart of the financial kingdom lay the enchanted Bull and Bear Coin. This coin held immense power, granting dominance to whoever mastered it. The Bull, strong and relentless, symbolized growth and ambition, while the Bear, cunning and patient, embodied decline and caution. One fateful day, the coin spun itself into a contest. It declared, “Only one of you can rule the market. Prove your worth!” The Bear, confident in his strategy, struck first. With a fi
Looks like I’ll wake up a millionaire, and the sun will rise from the east, all in perfect harmony—just waiting for SHIB to do its thing!
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Shiba Inu (SHIB) Price Prediction, Dec. 10: Burn Rate Jumps 1000%, Is SHIB Prepping to Balloon?
Shiba Inu (SHIB) is back in the spotlight as its burn rate balloons by an incredible 1000%. This clear drop in supply has caused excitement among investors, with many holding to the belief that the price doubling soon.
Recent data from Shibburn shows the SHIB burn rate jumped 1068% in a single day. Over 51.76 million tokens were sent to a null address, permanently removing them from circulation. Weekly burns also hit a big number, with 2.44 billion tokens destroyed.
SHIB Burn Rate Shoots Up 1000%, Shiba Inu Coin To Double SoonThe SHIB burn data pointed out a 1000% uptick as nearly 50 million tokens were burnt. Shiba Inu coin stats show price to double soon. pic.twitter.com/icv1PMiflX
— Crypto_Art (@Crypto_Art11) December 10, 2024
With supply shrinking fast, investors are feeling hopeful. The basic law of supply and demand suggests that fewer tokens in circulation could drive prices up.
Shibarium Activity Fuels Confidence
Shibarium, Shiba Inu’s layer-2 blockchain, is also hot. In just 16 months, it did over 2 million wallet addresses. This shows strong adoption and growing interest in the Shiba Inu ecosystem.
Together, the burn rate and Shibarium growth are creating a lot of excitement during this Q4 bull market.
Can SHIB Double in Price?
Despite these bullish signs, SHIB’s price has been bumpy. It dropped 15% intraday, landing at $0.00002646. However, it still gained 16% over the past week.
A report from a source points to even more potential gains. Large holders, or “whales,” own 73% of SHIB’s supply, an unrighteous amount that could begin a huge price run-up. Analysts point out that SHIB could updive 100% in the near term.
SHIB Forecast for 2024
In front, experts predict SHIB will trade between $0.00002512 and $0.00005711 in 2024, with a middle price of $0.00003565. If these predictions hold true, investors could enjoy returns of over 108%.
By this month, SHIB could seize another 30% based on current trends.
Shiba Inu’s current price, as of writing, is $0.0000271, with a 24-hour trading volume of $3.1 billion. The market cap is $15.96 billion, and SHIB has seen green days 57% of the time over the past month.
Alt text: Shiba Inu (SHIB) live price chart and market cap, Dec. 10. Source: CoinMarketcap
The Fear & Greed Index shows “Extreme Greed,” signaling positive market sentiment.
Shiba Inu’s Place in the Market
Shiba Inu remains a top player in the crypto world. It’s ranked #2 in the Ethereum tokens and meme coin categories. With a small annual deflation rate of -0.02%, SHIB’s circulating supply now stands at 589.26 trillion tokens.
Alt text: SHIB/USDT live price chart today. Source: TradingView
SHIB landed its all-time high of $0.00008819 in October 2021 and its lowest price of $0.0₁₀5637 in November 2020. Since then, it has held the fort and tested steady growth.
FAQs
1. What is the current burn rate of Shiba Inu (SHIB), and how does it affect its price?
The Shiba Inu burn rate has sprung by 1068%, with over 51.76 million tokens burned in one day. This noticeable dip in supply creates hopefulness among investors, as fewer tokens in circulation could lift up prices per supply and demand principles.
2. What role does Shibarium play in Shiba Inu’s growth?
Shibarium, Shiba Inu’s layer-2 blockchain, has landed over 2 million wallet addresses in just 16 months. This adoption shows firm interest in the SHIB ecosystem, adding to the bullish posture for the coin.
3. What is the price prediction for Shiba Inu in 2024?
Experts speculate SHIB will exchange between $0.00002512 and $0.00005711 this year, with a centred price of $0.00003565. This could mean potential returns of over 108% for investors if the predictions hold true.
The post Shiba Inu (SHIB) Price Prediction, Dec. 10: Burn Rate Jumps 1000%, Is SHIB Prepping to Balloon? appeared first on Coinfomania.
Everyone’s looking for the next big profit in crypto, with promises of 60% gains in XRP or hitting targets beyond $3. But let’s be real—money isn’t cheap, and these speculative swings come with massive risks. Markets thrive on hype, but chasing every potential rebound or “buying range” can leave you in the red.
Technical indicators like RSI or MACD can guide predictions, but they don’t guarantee success in a volatile space. Instead of getting swept up in the noise, focus on sustainable strategies, real-world fundamentals, and risk management. Quick gains are tempting, but lasting wealth comes from being disciplined, not reckless.$BTC $XRP
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Here’s How You Can Gain 60% Profits in XRP As the Price Is Primed to Drop to the Buying Range Bel...
The post Here’s How You Can Gain 60% Profits in XRP as the Price is Primed to Drop to the Buying Range Below $2 appeared first on Coinpedia Fintech News
Ever since the XRP price has surged above the crucial threshold at $1, market participants have become optimistic about the next price action. The price remained elevated and surpassed $2.5 in the next few days, validating over 400% gains. The rise in the price is believed to have been fuelled by multiple reasons, like the probable regulatory clarity, the change in market sentiments and a potential close for the Ripple vs. SEC lawsuit. Besides, the star token was leading the markets as the price surged over $100K and despite massive upward pressure, it marked highs over the range constantly for a few days.
What’s next for the XRP price rally after the latest pullback? How long will it sustain within the buying range below $2? Will it trigger a rebound and mark new yearly highs?
Ever since the price broke out of the range, the token has attracted significant long and short liquidations, which have nullified their impact. Meanwhile, during the last trading day, the long liquidation marked the highs over $53 million while the shorts were restricted to $13 million. This trend has continued with over $12 million in long and $4.2 million in short liquidations, keeping up a bearish trend. The bears seem to have held a strong grip over the rally and hence the price is expected to test the local support soon.
The price continues to trade along a strong ascending range, which has been acting as a strong support. After breaking from the symmetric triangle, the price has been constantly testing this support in the short term, indicating a drop in the buyer’s strength. However, the technicals suggest a short-term upswing as the stochastic RSI drops to the lower range while the MACD indicates a rise in the selling pressure, suggesting a drop below $2.
The levels around $1.98 appear to be a strong support zone, which is expected to offer a good buying opportunity to re-enter with potential for upward momentum. Therefore, if the price holds at this support, the next target could be $2.5 and higher, signalling a continuation of the bullish trend. A break below the support indicates further downside but the current trade setup suggests a likely bounce ahead with the targets extended up to $3.
The Games of Crypto Whales: Manipulation or Mastery?
In the volatile world of cryptocurrency, few players hold as much power as the so-called crypto whales. These are individuals or entities with large holdings of cryptocurrency, often enough to influence market movements with a single transaction. While some view whales as visionary investors who shape the industry, others see them as manipulators playing a high-stakes game that can leave ordinary traders in ruin. The tactics employed by these whales often blur the line between market savvy and o
When SHIB Inu Hits $1 Trillion: A Fantasy or Financial Apocalypse?$BTC $SHIB
What if Shiba Inu (SHIB), the meme coin turned DeFi sensation, achieved a jaw-dropping $1 trillion market cap? It’s a scenario that seems absurd—but in the unpredictable world of crypto, it’s not entirely impossible. Let’s explore what might happen in such a wild future.
Massive Wealth Creation
At a $1 trillion valuation, SHIB’s price would skyrocket, creating millions of new crypto millionaires (and even billionaires). Early adopters would reap unimaginable rewards, turning meme believers into the 1%. Social media would explode with stories of overnight riches, sparking FOMO like never before.
Economic Ripples
The sheer scale of such a market cap would likely destabilize traditional finance. A significant portion of wealth shifting into SHIB could trigger panic in fiat markets, with governments scrambling to regulate or ban meme coins entirely. Meanwhile, SHIB could become a preferred currency for payments, replacing Dogecoin as the meme coin of utility.
Sky-High Expectations
Achieving $1 trillion wouldn’t just create hype—it would set dangerous expectations. Many holders would cling to dreams of even greater gains, fueling speculative bubbles. But with a massive supply in circulation, selling pressure could easily crash the price, leaving latecomers holding the bag.
Is It Realistic?
For SHIB to hit $1 trillion, its fundamentals would need to evolve drastically. The team would have to introduce groundbreaking use cases, like revolutionizing DeFi or achieving mass adoption in global commerce. Otherwise, it risks being a speculative bubble.
What Do You Think?
Would a $1 trillion SHIB be a financial revolution—or a bubble waiting to pop? Let us know your thoughts!$SHIB
Bitcoin vs. Ethereum vs. Binance Coin: Who Reigns Supreme?
The cryptocurrency market is a battleground of giants, with Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) leading the charge. Each has carved out a unique niche, attracting investors and developers alike. But when it comes to determining the best, opinions clash like bulls and bears in a trading frenzy. So, who deserves the crown? Let’s break it down. $BTC $ETH $BNB Bitcoin (BTC): The Pioneer and Store of Value
Bitcoin is the undisputed king of crypto. As the first cryptocurrency, it c
Crypto Predictions Are Useless: Stop Pretending You Know the Future$BTC
In the wild world of cryptocurrency, everyone’s a prophet. Analysts claim to predict Bitcoin’s next pump, influencers shout about “the next 100x altcoin,” and forums are flooded with charts covered in lines and arrows. But here’s the truth: in crypto, predictions are meaningless.
Why? Because the market is driven by chaos. Sentiment can flip on a single tweet, regulation rumors can spark sell-offs, and whales can manipulate prices overnight. Even the most sophisticated models fail to account for the unpredictability of human emotion and global events.
Trying to predict crypto’s future is like trying to forecast the weather 10 years from now—it’s fun to guess, but you’ll probably end up wrong. Instead of chasing predictions, focus on strategy, research, and risk management.
The real question isn’t what will happen—it’s whether you’re prepared for anything. So, are you betting on guesswork, or are you playing the long game?#MMIF
Is the Current Crypto Market a Calm Before the Storm or the New Normal?
With prices stabilizing and volatility at multi-year lows, the crypto market seems quieter than ever. But is this a deceptive calm, or have we entered a new phase of maturity?$BTC $ETH $DOGE
Highlights that financial losses are only possible if you first acquire wealth. In essence, if you have nothing, there’s nothing to lose. It’s a reminder that earning money is the prerequisite for taking risks, and losses are often part of the journey to financial growth. $BTC $ETH
When Crypto Crashes, Red Short Kings Feast: Why They Love Your Pain and How They Risk It All
In the chaotic, dopamine-fueled world of crypto trading, there’s a rare breed of traders who thrive when everyone else is drowning: the “red short kings.” These are the high-stakes gamblers who bet against the market, profiting wildly when prices nosedive. For them, bear markets are not just a setback—they’re a feast. But why do these traders revel in what’s often viewed as financial carnage, and how do they survive in such a perilous game? $BTC $ETH $SHIB Why Red Short Kings Love the Crash
#WeAreAllSatoshi The Name “Satoshi Nakamoto” Break it down: Sa-toast-i. Coincidence? I think not. “Nakamoto” clearly means “burnt crust” in a secret toaster dialect.
So, next time someone asks, “Who is Satoshi Nakamoto?” lean in, whisper dramatically, and say: “It’s not who… it’s what.” Then offer them a slice of perfectly toasted bread.🍞
In the bustling city of Cryptoville, two legendary dogs ruled the streets: DOGE, the wise and charismatic Shiba Inu with golden fur, and SHIB, the young and fiery pup with a rebellious streak. Both were adored by their fans, who constantly argued over which dog was superior.
One crisp evening, the tension reached its peak. A crowd gathered in the Crypto Park as DOGE and SHIB faced off, their eyes locked with determination.
“Old timer,” barked SHIB, wagging his tail. “Your time is up. I’m the f
Dogecoin started as a joke—a lighthearted parody of the growing crypto hype in 2013. With a Shiba Inu dog as its mascot and a name inspired by internet culture, it wasn’t meant to be taken seriously. Yet, a decade later, Dogecoin boasts a massive following, billionaire endorsements, and a market cap in the billions. The question now is: can this meme coin transcend its origins and become a legitimate financial tool?
The Tale of the Underdog(e)
Dogecoin’s rise is as improbable as it is fascinat
Jason Carter was a struggling father of three, barely holding onto his job as a delivery driver. Every month was a fight to keep the electricity on and food on the table. Crypto, to him, was just another scam for the rich to play with while the rest of the world suffered.
That changed one evening when his buddy Mike, a self-proclaimed crypto enthusiast, barged into his living room.
“Jason, trust me! You need to buy MoonRiseX right now!” Mike exclaimed, shoving his phone in Jason’s face.
Jason frowned. “I don’t have money to throw at your tech lottery, Mike.”
“You don’t need much. Just fifty bucks. Some whale’s been buying millions of tokens, and it’s about to pop off.”
After relentless pestering, Jason gave in. He transferred $50 from his dwindling savings and bought a few thousand MoonRiseX tokens. It felt pointless—like throwing cash into a bonfire.
The next day, Jason woke up to chaos in his group chats.
“MoonRiseX is at $1 per token! SELL NOW!”
Jason’s heart raced. He opened the app, blinking at the numbers. His $50 investment was now worth $50,000. The mysterious crypto whale Mike had mentioned had pumped the token to unimaginable heights overnight. Jason didn’t hesitate—he sold everything.
Over the next few days, MoonRiseX crashed back to fractions of a cent, wiping out the fortunes of those who had held on too long. But Jason didn’t care. For the first time in years, he could breathe.
With the money, he paid off his debts, fixed up their leaky old house, and started a small business—a food truck he called “Second Chance Eats.”
The identity of the whale who pumped MoonRiseX remained a mystery, but Jason often wondered about them. Did they know their actions had changed his life? Or were they just another rich gambler playing with the lives of everyday people?
In the end, it didn’t matter. For Jason, it wasn’t about why it happened—it was about what he made of it. And for once, luck had landed on his side.$BTC $ETH