🐶 Dogecoin price may rise The market is seeing a surge in

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🚀 Trader Says Bitcoin (BTC), Chainlink (LINK) and One Ethereum Rival Setting Up for Rallies A closely followed crypto trader believes that Bitcoin (BTC) and two altcoin projects are gearing up for massive rallies. Pseudonymous analyst Inmortal tells his 213,200 followers on the social media platform X that, based on the historical duration of market cycles, Bitcoin has much higher to go. 💬 “We still have room for 500 more green days.” Bitcoin is trading for $61,486 at time of writing, down 2.4% in the last 24 hours. Next up, the trader says that blockchain oracle Chainlink (LINK) appears to be in a consolidation phase that could lead to a massive breakout, based on historic price patterns. 💬 “The most curious thing about LINK is how it works. ▫️ Long consolidations. ▫️ Fast pumps. We are not in the second one so we must be in the first one.” LINK is trading for $13.83 at time of writing, down nearly 3% in the last 24 hours. Lastly, the trader predicts that Ethereum (ETH) competitor Solana (SOL) will dip below the ascending trendline on the daily chart to the $120 range, forming a bearish trap, before going on a massive bull run beyond $230. 💬 “The fastest horse of the cycle just need one more trap.” Solana is trading for $141.51 at time of writing, down 6% in the last 24 hours. $BTC $SOL $LINK #BTC #LINK #SOL

🦊 Shiba Inu's Shibarium Skyrockets 65% in Key Indicator of Network Activity Layer-2 blockchain Shibarium from the Shiba Inu ecosystem has experienced a significant increase in activity on its network over the past 24 hours. Thus, according to data from Shibariumscan, the number of active accounts in Shiba Inu's network increased from 1,034 to 1,706 overnight, an increase of almost 65%. The number of new accounts, however, increased by only four, which means that the increase in activity was mainly due to old accounts, not new ones. Against this background, transactions per day on the Shibarium network increased from 6,791 to 8,091. Despite the exponential growth in new accounts, transactional activity within Shibarium has not yet returned to its previous heights. Only 8,091 transactions were recorded within the Shiba Inu network over the preceding day, a notable decline compared to its peak of multiple millions of transactions per day at the beginning of the year. The question now looms: can the resurgence of old users eventually drive transactional activity on Shibarium back to its all-time high levels? Worth keeping in mind is that this is only a small fraction at 1.6% of the total 106,612 accounts registered with Shibarium. As attention remains fixated on Shibarium's on-chain resurgence, speculation abounds regarding the potential impact of this soaring online activity on Shiba Inu's ecosystem, particularly on the tokens' market dynamics. Market participants should closely scrutinize the performance charts of Shiba Inu (SHIB) and BONE, anticipating the ripple effects of this development. $SHIB #SHIB #SHIBARIUM

📈 Terra Luna Classic Developer Announces Key Upgrade, LUNC Price To $0.0002? The Terra Luna Classic community saw a major development today as the Terra Classic Wallet gets a much-needed upgrade. The developer informed the community that the upgrade improves functionalities, usability, and other advancements in general. Terra Classic Wallet is developed by popular LUNC developer StrathCole utilizing the CosmES Wallet Kit, with UI design by Dawid Skinder. 🔺 Terra Luna Classic Wallet Upgrade Terra Classic Wallet developed by StrathCole gets a new update from v0.0.1 to v0.0.22, reported the team behind the wallet. It is an alternative to the Station wallet with more features and usability. However, the wallet is still in the early version and needs further enhancements. “This is an early version of the app. It is not feature-complete. Please use it at your own risk and be aware that there may be bugs and issues,” as per a notice. Bugs or issues found in the wallet can be reported on GitHub. The team said there are many new functionalities and improvements in general in the Terra Classic Wallet. The team has just finished designing some UI improvements to Explorer as well to improve the usability of the wallet. Meanwhile, the Terra Luna Classic developers including Genuine Labs are currently working on upcoming updates to further improve the chain and help bring utility. 🔺 LUNC Price to Rally? Terra Luna Classic ecosystem tokens witnessed signs of recovery as trading volumes increased in the last few days, but the negative bias in the crypto market continue to put altcoins under pressure. LUNC price fell more than 2% over the last 24 hours, with the price currently trading at $0.0001042. The 24-hour high and low are $0.0001031 and $0.0001070, respectively. In the derivatives market, selling in 1000LUNC futures on Binance and Bybit negated buying in LUNC futures on other crypto exchanges. While derivatives trading indicates interest is higher, LUNC price still needs to break above $0.00012 resistance for rally to $0.0002. $LUNC #LUNC $USTC $LUNA

⚠️ Notcoin is one step away from release Friends Notcoin has been added to top exchanges, there is not much time left before it is listed on them. This moment will certainly be interesting and significant for the crypto community. Plus a serious check of the Ton blockchain. Let's see if it's a success or a failure. #NOT #Notcoin

💥 DOGE and SHIB Rival FLOKI Issues Crucial Warning to Community While the SEC continues to increase its pressure on the cryptocurrency industry, its latest target was the US-based cryptocurrency platform Robinhood. At this point it was revealed that the SEC sent a Wells Notice to Robinhood in early May. While discussing the possible effects of the SEC's Wells Notice sent to Robinhood on the cryptocurrency industry, the latest assessment came from JP Morgan. 🔺 SEC Will Have to Approve Ethereum ETFs! The SEC's Wells Notice to Robinhood Crypto is unlikely to block final approval of spot Ethereum ETFs, JP Morgan analysts said, The Block reported. JP Morgan analysts led by Nikolaos Panigirtzoglou said that the SEC will eventually make a decision on ETH, but that the SEC will not classify ETH as a security or commodity but in another 'intermediate' category. Analysts also noted that it would not be a huge disappointment for the markets if the SEC rejected Ethereum ETFs in May, and the markets were not expecting approval this month anyway. “In our view, the Wells notice does not appear to preclude the eventual approval of the spot Ethereum ETF by the SEC. ETFs may not be approved as soon as May, however. If the SEC refuses to approve spot Ethereum ETFs, it will likely face litigation and eventually lose and be forced to approve.” 🔺 SEC Wells Notice Didn't Directly Say Ethereum Is a Security! JP Morgan analysts said the SEC did not explicitly state, nor imply, that Ethereum was not a security in its Wells Notice to Robinhood. At this point, analysts pointed out that Robinhood offers trading services for 13 altcoins other than Bitcoin (BTC) and Ethereum and said: “We do not believe that the SEC's notice to Robinhood implied that ETH was a security. Because Robinhood not only facilitates trading on Bitcoin and Ethereum, but also 13 other tokens. Ultimately, we think Ethereum's status will likely be determined by legislation and the court. “We think there could ultimately be a 'middle' category for Ethereum. $DOGE $SHIB $FLOKI #meme #memecoin

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