Imagine that the world of stocks is like a football championship: only the best teams enter the main league.
Well, MicroStrategy has just moved up a division and will play in the market's "Champions League", the Nasdaq 100 index. This means that it is now among the 100 largest companies that shine on the Nasdaq. It's like that time when the nerd in the room becomes the most famous athlete.

But don't worry, it's not just because she's good with numbers. MicroStrategy is basically Bitcoin's official fan club. They buy so much Bitcoin that it's like they're that friend who never misses a promotion on Steam — except in their case, the "promotion" is the price of Bitcoin, and they buy millions of it. And the detail?

Trump Fires Powell (TRUMPPOW) Solana Memecoin Will Surge 15,000% Before Exchange Listing, While S...
oTrump Fires Powell could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Trump Fires Powell (TRUMPPOW), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days.
This is because TRUMPPOW is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Trump Fires Powell can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump Fires Powell could become the next viral memecoin.
Trump Fires Powell launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

#dodge #Shibalnu #Trump #trumppow

Shiba Inu (SHIB) has experienced a remarkable 162% surge in 2024, but it now finds itself at a crossroads, with market signals offering conflicting insights. The coin's price is caught in a phase of uncertainty, as key indicators like the Relative Strength Index (RSI), whale activity, and moving averages suggest a lack of clear direction.

Currently, SHIB’s RSI stands at 46.45, indicating it is neither overbought nor oversold. For over a week, the market has been in a balanced state, with neither buyers nor sellers taking control. This lack of strong momentum suggests that SHIB may continue to trade within a range, with no significant price movement expected in the short term unless clearer market signals emerge.

Another concerning sign for SHIB’s future is the decline in whale activity. The number of large holders (whales) has dropped from a peak of 10,921 wallets holding over 1 billion #Shibalnu in November to 10,862 in December. This reduction in whale activity could indicate waning confidence among major investors, which has historically had a strong correlation with price movements.

Despite these uncertainties, #shiba⚡ has found solid support at the $0.0000266 level. If this level is breached, however, the price could fall further to $0.0000241. On the other hand, SHIB faces resistance at $0.0000297, and a successful breakout above this level could push the coin higher, potentially reaching $0.000033, marking a 22% increase.

The narrowing of SHIB’s moving averages signals weakening momentum, and if the price fails to break past key resistance levels, a bearish trend may be in the cards.

With mixed signals in the market, the short-term outlook for #SHIBAINU remains uncertain. Investors should closely monitor any shifts in whale activity or momentum, as these factors could determine whether $SHIB will break out of its current consolidation phase or continue to experience price stagnation.

@Sasha why NOT Join us

$SHIB

The crypto community is buzzing as $SHIB INU is in the spotlight with its CEO’s bold statement: “Three zeros will be removed from the price of SHIBA INU within a week!” If this bold prediction comes true, it could lead to life-changing benefits for investors. Let’s take a closer look!

Although Shiba Inu (SHIB) and Rexas Finance (RXS) are attracting attention in the cryptocurrency community, achieving a price of 0.001 USD for SHIB in the current cycle is a very ambitious goal and comes with many uncertainties.
Analysis of the potential price of SHIB reaching 0.001 USD
1. Strong burn rate:
SHIB is actively reducing supply through token burning, but with a circulating supply of over 589 trillion, even with the current high burn rate, reaching 0.001 USD would require a massive market capitalization, surpassing the entire current cryptocurrency industry.

Shiba Inu price, a popular meme-based altcoin, has shown strong upward momentum following Bitcoin’s recent all-time high of $107k. Over the past 30 days, SHIB recorded a notable 10% price gain, signaling growing investor interest. While meme coins have seen solid performances, Shiba Inu appears primed for further growth. Let’s explore 4 reasons key reasons behind SHIB’s bullish breakout potential, highlighting its recent trends and increasing optimism in the market.
Reasons For Shiba Inu Price to Breakout & Rally
The Shiba Inu price is showing strong signs of a potential breakout. This is driven by an inverse head-and-shoulders chart pattern signaling a bullish reversal and supportive on-chain metrics.
The 30-day MVRV is below zero, indicating reduced selling pressure as traders hold rather than sell at a loss. The declining supply of Shiba Inu price on exchanges suggests further bullish momentum, as fewer tokens are available for immediate sale.
Lastly, the Global In/Out of Money metric shows low resistance going ahead 16% of holders are Out of the money, rendering the possibility of selling pressure insignificant. With these 4 factors falling in line with each other, the meme coin looks ready for a massive breakout as investor attention was captured.
Shiba Inu Price Is Primed For Breakout
The inverse target is obtained by measuring the distance between the head’s right most part and its lowest point and adding it to the breakout point.. The target is calculated by measuring the distance from the head’s low to the neckline and adding it to the breakout point. This pattern forecasts a potential move toward 0.000023 for Shiba Inu, indicating strong upward momentum.
Source-TradingView
On-chain Metrics Suggest Reduced Selling Pressure on SHIB
Shiba Inu prices may turn bullish as recent on chain data reveals decline in selling pressure. The 30 day MVRV ratio, which tracks average profit/loss of investors for each token, has plummeted and thus fewer holders are deciding to sell for a profit.
Source- Santiment
SHIB’s supply on exchanges remains low, indicating reduced availability for selling. This combination of metrics often signals a potential bullish reversal as investors hold their positions instead of taking profits. Reduced selling pressure and increased investor confidence might trigger upward momentum in SHIB’s price.
Source- Santiment
Shiba Inu Price Rally Likely as Majority SHIB Holders In Profit
The majority of Shiba Inu price holders are profitable, signaling potential bullish momentum. According to the GIOM metric, 86.31% (849.56 T SHIB) are in profit, 6% (62.64 trillion SHIB) are at break-even, and 7% (72.13 T SHIB) are at a loss.
Source- ITB
At the time of reporting, the SHIB price is trading at $0.00002727, with a slight surge of 2% in the past 24-hours This surge follows the crypto market rally with BTC hovering above $107k and ETH rallying above $4k, fueling the rally. If the bullish trend continues, the SHIB price prediction could hit $0.00004 by the end of year 2024.

Disclamation: information source, trading view, Santiment. Suggest and financial advice.

#shiba⚡ #ShibaInuSurge #Shibalnu #RideTheKaiaWave