In the upcoming bull market, there are 5 altcoins that are expected to increase by 100 times! Today, let's reveal these 5 cryptocurrencies with unlimited potential!

KAVA

Kava is an innovative Layer-1 blockchain protocol. The project aims to combine the development capabilities of Ethereum with the speed and interoperability of Cosmos. It optimizes protocol growth by adopting Cosmos EVM technology.

In addition, Kava provides Web3 developers with flexible deployment, interoperability, and a large number of on-chain incentives. Its protocol enhances scalability, speed, security, and developer support. The increase in network activity and the potential growth of KAVA coins may push prices higher.

It is expected that the price of KAVA may reach a high of $2.18 by the end of this year. This prediction depends on an average transaction value of about $1.76. If the project achieves its roadmap goals and the market maintains bullish momentum, its value may exceed this level.

KAS
The sentiment around Kaspa's price prediction remains bullish, reflecting the extreme greed of the market. The Fear and Greed Index is currently at 76, which proves this. This positive sentiment and the alignment of market indices highlight the optimistic expectations of investors.

Kaspa’s current price is $0.1388, up slightly by 1.89% intraday. Kaspa’s price has seen a significant increase over the past year, with gains of 938%. This gain outperforms 94% of the top 100 crypto assets, including tokens like Bitcoin and Ethereum.

HBAR
The market sentiment for Herdera is bullish, with the possibility of a retest of the $0.15 resistance zone soon. This optimism is reinforced by the consecutive week of gains. The token has also achieved an impressive six-month gain of over 88.18%, indicating continued upward momentum.

Hedera has performed well in recent months. The token has seen a significant increase in price, up 122.85% year to date. Reports of a tokenization partnership with Blackrock have partly fueled the price gains.  

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Two Coins That Will Turn Your $500 Into $1 Million in the Bull Run

With the bull run just around the corner, cryptocurrency investors are studying the market performance and looking for altcoins that have good potential, altcoins that are performing well, and showing strong enough potential to turn a $500 investment into $1 million. Let’s analyze these cryptocurrencies.

Bonk (BONK): The Bullish Memecoin 

Bonk (BONK) has made a splash in the past few months. In fact, one trader recently turned $18,000 into $11 million after investing in Bonk (BONK).  
BONK is currently trading at $0.00003391 and has recently gained over 40% after steadily increasing by 9,000% in a year. Therefore, it is one of the top altcoins to consider for high gains in the bull run.  
Analysts predict that BONK will be a coin that will turn $500 into $1 million as the Relative Strength Index (RSI) value and other factors indicate continued aggressive buying.
 
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Dogwifhat is another sensational meme coin in the cryptocurrency market.

Launched in November 2023, Dogwifhat (WIF) has grown by 3000% in less than a year and shows no signs of stopping. Due to its popularity, Bonk (BONK) has a market cap of over $3 billion. According to analysis, Dogwifhat (WIF) has made a good recovery after the setback in January 2024, and its price has risen sharply from its historical low of $0.0677 to its current trading price of $3.28.
Dogwifhat (WIF) A bullish bounce from a long-term support trendline suggests that trend momentum is building, with Dogwifhat (WIF) hitting around $5 in June and approaching $20 when the bull run was in full swing

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After PEPE, a new 100x meme coin is here! Not vs Floki, who will become the new favorite of the market?

Just last week, PEPE hit a record high of $0.000017256, pushing the meme coin's increase this year to an astonishing 1000%! According to data, more than 96% of PEPE investors have seen doubled or even more returns! This crazy craze for PEPE is jaw-dropping, like a tide sweeping in, and should not be underestimated!

What is FLOKI (FLOKI)?
FLOKI's name comes from the Viking character, and the Floki community calls itself "Floki Vikings". When Elon Musk named his Shiba Inu Floki, the FLOKI token was like being given life. As a meme coin, FLOKI is a decentralized project led by the Floki Inu community, and its core team represents the interests of the community. FLOKI runs on the Ethereum network and has become a highly anticipated presence in the world of digital currency.

Floki Features and Advantages
Floki Coin has several features that distinguish it from traditional currencies and other cryptocurrencies.
Community Governance: A defining feature of Floki Coin is its community governance model. Floki Coin holders have a say in the decision-making process regarding the future development and direction of the project.

NOT, which has exploded 200% in a week, is absolutely right! The crazy performance of NOT (Notcoin) is jaw-dropping! In the past week, the price of the NOT token has soared by more than 200%, approaching the opening price skyline, all the way to around $0.029, and now it is still strong around $0.0237! Now let's unveil the mystery of NOT and explore what it is!

Reasons for bullish $NOT

This is incredible! $NOT is the token of the popular social click game on Telegram, which later added leaderboards and squad features. At its peak, the number of users reached a staggering 35 million!
Today, $NOT has become the main token of the Notcoin ecosystem, and you can explore and play with it on Telegram. What's more exciting is:
- It has been listed on Binance and has received wide support.
- 100% of the tokens are already in circulation.
- Leveraged bets on the $TON ecosystem.

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Newbies, look here! ! How to buy coins correctly?

God doesn't know when the bull market will end, and when the bull market ends, it is stable to lose money. A simple way to judge is that the top 10 currencies that have survived the bear market have reached new highs or even doubled their previous highs, which is basically a precursor to losing money.

Buy in a bear market, preferably buy more than 1 and a half years after the bull market top falls.
Keep your coins from being stolen, and it is best to control your private keys. Don't forget or lose them, and don't trade frequently to lose your coins.

My approach is to use a hard wallet, memorize the mnemonic words in your mind, and backup the mnemonics with simple rules and hide them in a safe place.

If you want to put it on an offline computer, it is best to encrypt it additionally.
Backup is necessary, and the probability of forgetting or accidentally losing it is greater than being stolen.
Most people can hold coins in a bull market, and coins are often lost in a bear market.

Buy and wait for zero
Coins are traded 24 hours a day, and they rise and fall 24 hours a day. Most of the time, sharp rises and falls mean that more people lose money, not more people make money. For good coins, the currency standard is enough to outperform 90% of people.

And it is a waste of time to watch the market. For me personally, a 60% drop and a 2-fold rise and fall basically made me feel calm and even wanted to eat an ice cream.

Waiting is very important, and consensus needs time to grow.

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PEPE is chasing SHIB and DOGE: Is the feat of surpassing Dogecoin about to happen?

In recent years, the memecoin market has achieved remarkable success, with many small coins creating hundreds of crypto millionaires and competing with big coins such as Bitcoin or Ethereum in price performance.
One of these tokens is $PEPE . While the price of Bitcoin is currently relatively stagnant, $PEPE is currently showing a strong upward trend.

The price trend of $PEPE has been very strong in the past few weeks, making it the third largest meme coin with a market capitalization of $6.22 billion, second only to $SHIB and $DOGE.

Just a few days ago, it was reported that the trading volume of $PEPE has increased by more than 216% since the beginning of May, showing the huge market demand for frog coins.
Now, this coin is trying to catch up with its two pioneers and is showing strong growth momentum again.

Zhuye Jianjie and I have achieved wealth near Niuwu! !

Just a few days ago, it was reported that the trading volume of $PEPE has increased by more than 216% since the beginning of May, showing the huge demand for frog coins in the market.

Dogecoin has been undergoing weeks of adjustment
In recent weeks, the price of Dogecoin has been facing major challenges!

At the end of March, it reached a new high for the year. However, its all-time high price still remains at $0.7376 in 2021. Therefore, although PEPE continues to chase new historical highs, Dogecoin has not really shown a significant rise despite the positive news from the cryptocurrency market.

In addition, according to the daily chart, a very dangerous head-and-shoulder pattern is currently forming. This is one of the most famous reversal patterns, and if the price breaks through the neckline, DOGE may face real selling pressure!

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Binance to restrict ‘unauthorized’ stablecoins in the EU from June 30, urges users to switch to regulated tokens

Binance, the world’s largest cryptocurrency exchange, announced that it will soon restrict the use of stablecoins deemed “unregulated” by the European Union within the European Union.  

Binance said in a statement that the stablecoin rules outlined in the European Union’s Markets in Crypto Assets (MiCA) will take effect at the end of June. “This will be the first step into the new regulatory framework, which will have a significant impact on the stablecoin market in the European Economic Area,” the statement said.

Binance said that as stablecoins become regulated in Europe, only tokens issued by “regulated companies” will be available to the public. The company also said: “Several existing stablecoins may not fall into this category and will therefore be subject to certain restrictions.”

Binance did not immediately respond to a request for comment when asked to elaborate on which stablecoins fall into the “unregulated” category. Binance also laid out a “phased” approach in its statement to comply with changes in European stablecoin regulation. According to Binance’s statement, the exchange will initially allow users to exchange “unauthorized” stablecoins for other digital assets such as Bitcoin and Ethereum, regulated stablecoins or fiat currencies.

The exchange said that from June 30, “unauthorized” stablecoins will no longer be available for purchase in Europe.

Since Binance’s former CEO Changpeng Zhao was sentenced to four months in prison in April, the company’s new leader Richard Teng has been working to show that the company wants to strengthen cooperation with regulators.

At this time, Binance’s CZ has begun serving his sentence at a low-security federal prison in Lompoc, California.

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Attention! About to soar: Tokens with the potential to increase by 100 times!

I am still very optimistic about the market in June. Many sectors are at the bottom. This month, everyone has a particularly high chance of making money. You will feel better when you look at the current price at the end of the month. When the market is over with the adjustment of time for space, the violent bull market will come! The alt season will definitely come! It's just that the time is not right yet. But it should be soon!

Potential altcoins

FLR

Flare is unique in that it has two native interoperability protocols. These protocols support decentralized access to blockchain, time series, and Web2 API data. State Connector securely obtains event information from other blockchains and the Internet for smart contracts on Flare. It uses independent proof providers to verify events before providing data. Flare Time Series Oracle (FTSO) provides decentralized price and data series to dApps without relying on centralized data providers.

ENA

A few weeks ago, Ethena fell sharply by more than 15% and is currently in a correction phase. Recent whale trading activity has caused the token's price to surge. A large whale has taken more than 6.26 million ENA tokens, worth nearly $5.4 million, from a single address.

The timing of the whale's trading activity means this could be a perfect market entry point. A few weeks ago, ENA's value may have dropped due to US CPI data. However, since its launch, the token's price has risen by more than 150%.  Meanwhile, ENA's year-to-date gain is 42.24%, indicating that the token can continue to generate returns for investors. Meanwhile, Ethena is at the 39% Fibonacci level, indicating that this could be the best time to buy. Analysis predicts that the token's value could rise after breaking through the trendline on the 24-hour chart.

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ORDI surges 15% as bears lose ground!

ORDI is a new token that runs on the innovative Bitcoin Ordinal Inscription Protocol. It utilizes the Bitcoin Satoshi (or sats) base unit to embed multiple data types such as text, images, audio, and video.

ORDI token price has recently attracted attention from buyers in a consolidation phase. The price is trading on a key bullish Point of Interest (POI).

After breaking down, the price reflected a bearish move of more than 35% to the $31.27 demand zone. It surged more than 45% from this demand zone, reflecting bullish signs.
According to technical analysis, the current price reflects a bullish reversal that can be confirmed above $62.15.

Summary
ORDI has been showing strong bearish sentiment since early March 2024. Since then, the cryptocurrency has recorded a bearish rebound of more than 65% and entered a consolidation phase. This reflects a weakening of bearish sentiment in the price. Recently, buyers have pushed the price above 45% from the key demand zone. This could be a sign of a potential reversal.

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Why does SHIB always fail to rise, and will there be a chance in the future?

However, despite its high popularity and strong community support, SHIB's price seems to be difficult to continue to rise, which makes many investors doubt: "Why does SHIB always fail to rise, and will there be a chance in the future?

First of all, to understand why SHIB is difficult to continue to rise, we need to start from its nature and market positioning. SHIB is an ERC-20 token built on the Ethereum network. It was originally born as a "Meme Coin", which means that its value depends largely on community participation and market sentiment, rather than actual application scenarios or technical support. This feature allows SHIB to increase in value rapidly in the short term due to social media hype, but it is also susceptible to market sentiment fluctuations, resulting in unstable prices.

The total supply of SHIB is huge, reaching an astonishing 1 quadrillion (1,000,000,000,000,000) coins, which theoretically puts great pressure on price increases. A large number of tokens means that huge demand is needed to drive prices up, which is difficult to achieve continuously in practice.

Compared with other cryptocurrencies with clear application scenarios such as Bitcoin and Ethereum, SHIB currently relies mainly on the enthusiasm and loyalty of the community to maintain its value. The lack of substantial application scenarios limits its long-term growth potential.

As a type of cryptocurrency, SHIB is also affected by the volatility of the entire crypto market. Uncertainties in global regulatory policies, macroeconomic factors, and the movements of large investors may have a drastic impact on its price.
As the crypto market continues to expand, new projects and tokens are emerging in an endless stream, including projects with strong technical support and clear application prospects. These projects have attracted the attention and funds of investors, further squeezing the growth space of SHIB.

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Dogecoin Predicted to Surge 200% Buy DOGE Today?

Dogecoin [DOGE] price has been consolidating in a descending triangle pattern since early March until it broke out of ascending triangle resistance on May 20 and retraced before surging to $0.1748.

Dogecoin price could surge 200% in the near future. This prediction is based on a social media post by Ali Martinez, a well-known cryptocurrency trader and analyst.
Martinez believes that Dogecoin market sentiment is currently at the same low level as shortly before the sharp price increase in early February.

Do these indicators signal a possible breakout?
AMBCrypto analyzed Santiment’s social volume and weighted sentiment. Market sentiment indicates that Dogecoin is as bearish as it was in early March (just before the sharp price increase), indicating that a similar surge could be expected in the near future.

In early March, Dogecoin price surged to $0.18. This surge was due to the SEC’s approval of a Bitcoin ETF, as well as a rise in BTC price.

As of this writing, according to coinmarketcap, the price of Dogecoin is $0.1612, up 1.82% in 24 hours and down 2.25% in the past seven days.
According to Martinez, Dogecoin whales have purchased more than 700 million Dogecoins in the past 72 hours, worth about $112 million.

This suggests that if the price successfully breaks through the $0.16313 resistance level and closes above it, a bullish trend to the all-time high of around $0.1749 is possible.

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1. Buy horizontal and pits, not vertical, the selling point is at the boiling point;
2. Continuous small increases are real increases, and continuous large increases require exiting the market;
3. A sharp rise requires a pullback, and you should not dig a deep pit or buy more;
4. The main rise should reach its peak, and you should sell quickly when it drops sharply and sell slowly when it rises slowly;
5. A sharp drop without volume is a threat, and you should withdraw quickly when it drops slowly and increases volume;
6. If the price breaks through the lifeline, don't hesitate to make waves;
7. Look carefully at the daily and monthly lines, and follow the main force to build a position;
8. If the coin price rises without volume, the main force will lure more, so don't stand guard;
9. A new low with a shrinking volume is a bottom image, and you should enter the market when the incremental rebound occurs;

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PEPE: The legendary rise from zero to 100x coin! The bull market will surely create a true legend of wealth!

In the competitive world of memecoins, branding is everything! Imagine PEPE, it is like a hot star, conquering the hearts of countless Internet users with the image of that cute frog. With this iconic meme character, PEPE is not only recognizable at a glance, but also firmly grasps the emotions of users. This cultural resonance makes PEPE stand out in the cryptocurrency market, even though some cryptocurrencies may be more technically powerful but lack emotional appeal. Want to stand out in the cruel competition of memecoins? You must immediately have the charm that makes people recognize and surge with emotions!

What is PEPE? In the chaotic world of memecoins, PEPE appeared like a shooting star in April 2023, and its mission is to completely subvert the rules of the game. Inspired by the much-anticipated Pepe the Frog meme, PEPE shines in an unprecedented invisible way-no pre-sale, no transaction tax, and boldly burns the initial liquidity pool. This move is not only to create scarcity, but also to promise driven and barrier-free access to the community. From the day it was born, PEPE was destined to become a meme coin superstar in people's hearts!

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From the initial innocent cartoon image to the current situation closely associated with controversial culture, Pepe the Frog has undergone an unprecedented cultural transformation. However, in the world of cryptocurrency, Pepe has found a brand new identity. The meme coin uses the frog's widespread recognition and notoriety to its full advantage, distances itself from past controversies, and focuses on building a positive and inclusive community. This transformation not only highlights the cultural icon's ability to reinvent itself, but also makes PEPE the uncrowned king of the cryptocurrency world!

PEPE market status
After its stunning debut in April 2023, PEPE quickly became a hot topic. Imagine that it took Dogecoin (DOGE) nearly four years to break through the market value of $1 billion, while PEPE achieved the same feat in just three weeks!The rise of PEPE has not only dominated the headlines, but has also spawned a large number of imitators and derivatives, each trying to get a piece of the magic of the meme. Just last week, PEPE hit an all-time high of $0.000017256, pushing the meme coin's gains this year to a staggering 1000%! Data shows that more than 96% of PEPE investors have seen double or more returns on paper! This crazy craze for PEPE is jaw-dropping, like a tide sweeping in, and should not be underestimated!

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DOGE Miners Enter $200 Million Buying Spree Amid 9% Drop

DOGE Price Rebounds After 12% Drop
On June 1, Dogecoin rallied back to $0.16 as bulls rallied to avoid a break below the critical support level of $0.15. The Dogecoin community had a noteworthy week with the passing of Kabosu, the iconic dog that had graced the DOGE logo since its inception.

The launch of the Ethereum ETF also saw memescoin traders flock to Ethereum-hosted memes such as PEPE and Floki, dragging down demand for Dogecoin for much of the week.

In fact, DOGE price quickly dropped 6% in the last week of May, wiping $1 billion off its market cap.

However, as the frenzy around ETH ETFs cools, retail demand appears to be returning to the DOGE market, as reflected by the small 3.3% spike recorded on Saturday, June 1.

Dogecoin miners’ reserves hit $730 million
As retail demand gradually returns to the DOGE market, on-chain data shows that Dogecoin miners have also entered a bullish accumulation mode.

into the block’miners’ reserves chart monitors the real-time changes in the reserve balances held by recognized Dogecoin mining companies. This helps provide strategic traders with information about the trading activities of Dogecoin miners.

The above chart clearly depicts the frenzy of buying by Dogecoin miners over the past month. As of May 1, the reserves of these miners were worth $523.8. But by the end of May, this figure had soared to $732.6 million.

Essentially, this means that Dogecoin miners increased their reserves by $208 million in May 2024. When miners accumulate such a huge wealth in a relatively short period of time, strategic investors interpret it as a bullish signal for several key reasons.

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Bitcoin price could reach $130,000 by September 2025, reaching the top of the bull market

If Bitcoin follows the trajectory of previous post-halving bull markets, it could reach a cycle peak of $130,000 to $150,000 in late August to early September next year.

The most recent Bitcoin halving event on April 20, where mining rewards will be reduced by 50% every four years, and the halving date is "almost perfectly symmetrical in past bull cycles", and historically, the date of this Bitcoin halving is almost in the middle of a bull market.

The last Bitcoin bull market began about 16 months before the halving on May 11, 2020, and the cycle ended about 18 months after the halving.

The previous two halvings - July 9, 2016 and November 28, 2012 - also followed the same trend.

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"If this regular sequence continues, the high of the next bull market cycle should appear in late August and early September 2025."
"No analysis method is foolproof" when guessing the cycle high of Bitcoin, but past highs have followed a similar growth pattern. If this continues, I expect the bull market high "to be in the range of $130,000 to $150,000."

Bitcoin's opportunity has broken through
Marking December 17, 2022 as the beginning of the current bull market. According to Cointelegraph Markets Pro, BTC was trading at around $16,800 at the time, but has since risen by more than 300% to trade at $67,882.

However, Bitcoin has fallen from its all-time high of $73,679 on March 14, and there is a 25% chance that Bitcoin has reached its bull run peak, as each bull cycle’s gains decline relative to the previous one.
If BTC fails to reach a new all-time high and falls below $55,000, I would raise the probability that the cryptocurrency is experiencing “exponential decay.”

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Notcoin (NOT) rose 335% in a week, and its market value broke through the top 50

The popular play-and-earn token Notcoin (NOT) has continued to attract investors with its unfathomable performance in the past two days.
Against the backdrop of the overall cryptocurrency market remaining stable, NOT's sharp rise has attracted the attention of traders, showing a strong desire to buy.

Notcoin's market value exceeds $2 billion
The NOT token was officially launched on May 16, and fell more than 60% after its launch, from $0.012 to a minimum of $0.0050.
However, last week, the token saw a stunning recovery, rising more than 335% to a record high of $0.028. NOT's market value has grown to about $2.3 billion, making it rank above the top 50. The 24-hour trading volume soared to $4.3 billion, up 265% from the previous day.
The crypto community is actively following Notcoin's dynamics. The editor believes that the main triggers for the current rebound are the launch of the staking function, token destruction, and market maker actions.

"About $18 million has been destroyed and permanently removed from circulation (reducing selling pressure). While this doesn't seem like much, investors may factor in more destruction in the future. After all, this is cryptocurrency and valuations don't have to be reasonable."
Last week, Notcoin launched "income tasks", which enhanced the functionality and value of the token. This new feature allows users to earn passive rewards by participating in various tasks, thereby increasing community activity.
Although NOT is relatively new to the market, its strong community support, engaging reward system, and support from key figures give the token an advantage for further growth.

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Attention! In the cryptocurrency circle, if you manage your positions well, you will outperform most people. Next, we will introduce two methods of position management: 1. Left-side position management 2.3.5 1) Do not use up all the bullets in your hand at once, but buy in batches. (2) You can divide the funds into several parts. When you are not sure about the bottom, buying in batches is the most appropriate way to spread the cost price. (3) The bottom of the position should be flexibly handled according to the changes in market conditions. Do not cover the position too frequently, which will have a negative effect on spreading the price of the currency. The first 20%, 30%, and 50% are suitable for aggressive investors who are keen on bottom-fishing. (4) The initial entry amount is relatively small, and the price of the purchased currency does not rise and continues to fall. In the future, gradually increase the position, and the proportion of increasing positions will increase, thereby diluting the cost. This method has a relatively small initial risk. The higher the funnel, the more considerable the profit. 2. Right-side position management 3.3.2.2 1) Buy 1: When the 5-day moving average crosses the 10-day moving average, add 30% of the position. (2) Buy 2: The price of the currency effectively breaks through the lifeline. When it falls back to the lifeline, continue to add 30% of the position to ensure that the total position reaches 60% in the initial stage of the upward trend.
(3) Buy 3: Break through the neckline or other important pressure points, and then fall back to stabilize, indicating that the reversal upward pattern is established, and add 20% of the position again. The total position should reach 80%, and the currency should be held for expansion.
(4) Buy 4: The 5-day moving average and the 10-day moving average cross again above the lifeline. This is a typical signal of accelerating the rise. At this time, the remaining 20% ​​of the position should also be bought in time to maximize the profit.

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Star-studded: FIL market prospects in 2024

[Insight into the future: multi-party analysis and prediction]

1. Industry experts’ opinions: Many blockchain research institutions and analysts have released their own predictions of FIL prices in 2024. Some believe that under an ideal market environment, FIL may reach unprecedented highs; others remain cautiously optimistic, pointing out that only when key technical indicators and user base grow significantly can FIL achieve stable value-added.
2. Market model simulation: The economic model forecast based on historical data and market dynamics shows that if the current development trend is followed and the positive factors are superimposed, the price range of FIL in 2024 may fluctuate within a surprising range. , the specific value depends on the intertwining effects of multiple complex variables.
3. Community consensus expectations: From the perspective of community sentiment and market consensus, the majority of FIL holders and investors have eager expectations for the price trend in 2024, and generally believe that its value potential is huge, but at the same time, everyone is reminded that investment needs Rationally, any price estimate needs to be adjusted in a timely manner based on real-time market changes.

[Conclusion: Seize opportunities and meet challenges]

1. In any case, although we can predict the price trend of FIL in 2024 through multi-dimensional analysis, the uncertainty of the market still requires every participant to remain vigilant at all times. Therefore, regarding the possible value performance of each FIL at that time, we must not only have a forward-looking strategic vision, but also have a flexible strategy to respond to the changing market.

2. In this feast of the digital economy, we are eagerly awaiting whether FIL can shine brightly in 2024. However, regardless of the final price, it is important to understand and trust the long-term value of blockchain technology, as well as have firm confidence in the future development of the Filecoin project.

3. Therefore, let us embrace our dreams, keep our feet on the ground, and witness together how FIL will perform an exciting drama on the price stage in 2024! Stay tuned!

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#5月非农数据即将公布 #FIL/USDT #meme板块关注热点

SHIB Burn Rate Surges 233% Will Bring Thousand-fold Gains! Replace Dogecoin?

Shiba Inu's burn rate surged over the weekend after a key upgrade to the Shibarium network, with the market expecting the move to kick off a bull run for SHIB.

Shibburn revealed today that the ecosystem has destroyed 4.796 million SHIB tokens in the past 24 hours, an increase of 233%. More than 28.8 million tokens have been destroyed in the past week.

The destruction comes three years after the famous Vitalik Buterin incident, when Ethereum founder Vitalik Buterin destroyed more than 400 trillion Shiba Inu tokens gifted to him by the community. At the time, these tokens were worth $6.7 billion and accounted for half of the memecoin supply. The destroyed tokens were equivalent to 90% of Buterin's reluctantly gifted token reserves; he later sold the remaining 10% and donated the funds to charity.
Buterin's legacy is still felt and celebrated in the Shiba Inu community. To mark the event, K9 Finance recently announced that it would burn KNINE tokens to commemorate Buterin's destruction, reduce the diluted market value, make KNINE a deflationary token and increase the percentage of shares held by holders.

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The current price of Shiba Inu coin SHIB is $0.00002497. If certain price targets are achieved, investors who invest $10,000, $50,000 or $100,000 in Shiba Inu coins may reap $10 million. Shiba Inu coin has captured investors' interest in the bull market, with occasional spikes in trading volume. The market expects it to rise sharply in price similar to the previous bull market, and its price rebound is also very strong, rising 370% in ten days to reach the highest price of the year. Investors are actively accumulating SHIB tokens, and analysts have given multiple targets.

An investor holding $10,000 in Shiba Inu coins now holds about 402,738,622 tokens, and to reach $1 million, SHIB needs to increase significantly. Different amounts of holdings require different SHIB increases to reach $1 million. Some analysts have multiple predictions for the Shiba Inu coin bull run, with a price of $0.0002483 being more feasible.

How high can SHIB rise in the near future?According to Changelly analysts, the lowest trading price next week is expected to be $0.0000240, the highest is $0.0000446, and it may touch $0.00003. Historically, Bitcoin's performance often affects the prices of other cryptocurrencies, and SHIB has also risen sharply with the rise of Bitcoin.
Cryptocurrency analyst Cold Blooded Shiller has taken an in-depth look at the future trajectory of Shiba Inu (SHIB) in relation to Dogecoin. The analyst said that given Dogecoin's recent bullish momentum, the second largest meme coin by market value may soon replace Dogecoin.

#5月非农数据即将公布 #SHIBI #BTC走势分析