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💥💥💥 Pundit States Why #shibaInu is Greater Than #Dogecoin‬⁩ The analyst supports Shiba Inu over Dogecoin, citing three main reasons. Firstly, SHIB is listed on all major exchanges that also support Dogecoin, such as Binance, KuCoin, Coinbase, OKX, Bybit, Kraken, and Gate.io. Secondly, SHIB tends to experience significant rallies after breakouts compared to DOGE, despite having a similar market presence. Lastly, SHIB offers traders cleaner exit points, implying a more stable market condition. Rivalry Between Dogecoin and Shiba Inu - Shiba Inu, dubbed the "Dogecoin Killer," has emerged as a significant competitor to Dogecoin since its launch in August 2020. The SHIB ecosystem intensifies this rivalry with tokens like "Doge Killer" (LEASH). While both started as meme tokens, Shiba Inu has transitioned into a utility project with initiatives like Shibarium, Shiba Eternity, SHIB: The #metaverse , and Shiboshi. Additionally, Shiba Inu's development team is working on a #Layer3 privacy network. Despite fewer projects, Dogecoin garners support from figures like Elon Musk, contributing to its market cap of $22.9B, surpassing SHIB's $14.17B valuation. Dogecoin's market cap makes it the top-ranking meme coin, with DOGE trading at $0.1584 and SHIB at $0.00002404. Remember, investing in #cryptocurrencies is highly speculative and involves a significant risk of loss. You should never invest more than you can afford to lose also do your own research. Source - thecryptobasic.com

💥💥💥 Pundit States Why #shibaInu is Greater Than #Dogecoin‬⁩

The analyst supports Shiba Inu over Dogecoin, citing three main reasons. Firstly, SHIB is listed on all major exchanges that also support Dogecoin, such as Binance, KuCoin, Coinbase, OKX, Bybit, Kraken, and Gate.io. Secondly, SHIB tends to experience significant rallies after breakouts compared to DOGE, despite having a similar market presence. Lastly, SHIB offers traders cleaner exit points, implying a more stable market condition.

Rivalry Between Dogecoin and Shiba Inu

- Shiba Inu, dubbed the "Dogecoin Killer," has emerged as a significant competitor to Dogecoin since its launch in August 2020. The SHIB ecosystem intensifies this rivalry with tokens like "Doge Killer" (LEASH). While both started as meme tokens, Shiba Inu has transitioned into a utility project with initiatives like Shibarium, Shiba Eternity, SHIB: The #metaverse , and Shiboshi. Additionally, Shiba Inu's development team is working on a #Layer3 privacy network. Despite fewer projects, Dogecoin garners support from figures like Elon Musk, contributing to its market cap of $22.9B, surpassing SHIB's $14.17B valuation. Dogecoin's market cap makes it the top-ranking meme coin, with DOGE trading at $0.1584 and SHIB at $0.00002404.

Remember, investing in #cryptocurrencies is highly speculative and involves a significant risk of loss. You should never invest more than you can afford to lose also do your own research.

Source - thecryptobasic.com

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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💥💥💥 #shibaInu Coin Team Lauds #k9 Finance On Major Listing, KNINE Price Soars In a significant development for the Shiba Inu ($SHIB ) ecosystem, K9 Finance DAO (KNINE) has secured a major exchange listing on LBank, as announced on May 28, 2024. This listing has been celebrated by the Shiba Inu team and has led to notable price growth for both KNINE and SHIB. LBank Lists K9 Finance - Trading for the KNINE/USDT pair will start in the Innovation Zone, marking a key milestone for K9 Finance DAO. Launched on March 7, 2024, KNINE operates as the official liquid staking solution for Shiba Inu and the Shibarium #Blockchain . The KNINE token follows a stake-to-earn model, allowing holders to earn revenue from the liquid staking product and the DAO, with the liquid staking product set to launch in Q3 2024. - The Shiba Inu team's official X account, managed by figures like Shytoshi Kusama and Kaal Dhairya, praised K9 Finance DAO's listing, highlighting its significance for adoption and value within the #SHIBARMY. - Deposits for KNINE began on May 27, 2024, and withdrawals will be available starting May 29, 2024. The listing is expected to enhance liquidity and adoption, driving further engagement in the Shiba Inu ecosystem. KNINE & Shiba Inu Price - Following the LBank announcement, KNINE surged to a peak of $0.000028, a 12.5% gain from its previous close. Despite a subsequent bearish trend, KNINE remained positive, trading at $0.00002506 as of May 28, up 0.89% with a 24-hour trading volume increase of 42.54%. Shiba Inu also saw a rise of 0.87% to $0.00002472, nearing the crucial resistance level of $0.000025. If SHIB breaks above this level and maintains momentum, targets of $0.00003 and potentially $0.00005 could be reached, though higher SHIB long liquidations suggest a possible downtrend. - This listing and price movement highlight significant progress for K9 Finance and the Shiba Inu ecosystem, showcasing ongoing growth and increasing market engagement. Source - coingape.com #BinanceSquareTalks
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👉👉👉 Lista #DAO Announces Latest Partnership with Stakestone Lista DAO, a permissionless, simple, and secure platform for stablecoin lending and liquid staking solutions, has announced a new partnership with Stakestone, a leading Liquid Staking Token platform. Details of this collaboration were shared in a comprehensive blog post by Lista DAO. Lista DAO and Stakestone Team Up to Transform #DEFI Lista DAO expressed enthusiasm about the partnership, highlighting it as a significant step forward. This collaboration aims to advance their mission of offering top-tier, innovative asset classes while maintaining high security standards. As part of this partnership, Stakestone's ETH Liquid Staking Token will be integrated into Lista DAO's collateral options. Users will be able to leverage this token within the Lista ecosystem to borrow lisUSD. Additionally, those who deposit STONE will receive Lista Stardust and accumulate Stakestone points, enhancing their rewards experience. Promoting User Participation and Broader Adoption The accumulated Stakestone points can be used in StakeStone's upcoming airdrop campaign, incentivizing active participation in both platforms. This initiative is designed to boost engagement within the broader DeFi community. Lista DAO emphasized that this collaboration will focus on improving user-centered incentives, further enriching the user experience. Depositors of STONE tokens on Lista DAO's platform will earn Lista Stardust as part of the Community Airdrop Campaign for Season 2. The platform also announced a 2x multiplier to increase StakeStone points, marking this partnership as a pivotal development for expanding DeFi offerings. Lista DAO's integration of new features diversifies user opportunities and boosts ecosystem participation. Committed to seamless, secure, and innovative DeFi solutions, Lista DAO enhances its offerings. The partnership with Stakestone marks a milestone, reinforcing their dedication to revolutionizing the DeFi sector with user-centric solutions. Source - blockchainreporter.net #CryptoTrends2024
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🔥🔥🔥 #Fantom Meme Season Campaign Launched To Attract New Users And Developers Fantom has launched the Fantom Meme Season campaign, aiming to attract new users and developers by showcasing its cutting-edge technology. The campaign, running from June 1 to June 30, offers a reward pool of 10 million sFTMx tokens, with the first round featuring 1 million tokens. The campaign focuses on #memecoins , defined as ERC-20 tokens emphasizing community and meme culture without monetary incentives or products. Prizes are awarded based on a point system, with the top three memecoins each round declared winners. Additionally, Fantom is transitioning from its Opera network to the new Sonic chain, offering higher throughput and #Ethereum connectivity via a custom #Layer2 bridge. This transition aims to enhance the network's capabilities and attract Ethereum assets while showcasing Fantom's technological advancements. #CryptoUpdates
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🚀🚀🚀 #Solana⁩ ($SOL ) Eyes a Strong Comeback: Will the #Rally Ignite a Surge? Solana (SOL) found support around $160 and is gradually climbing higher, potentially gaining bullish momentum upon surpassing the $172 resistance zone. After correcting lower, SOL tested the $160 support against the US Dollar and is now trading above $165 and the 100-hourly simple moving average. A bullish trend line breakout occurred near $164, indicating positive momentum. The immediate hurdle lies near $170, followed by significant resistance around $171. A successful breach above $172 could pave the way for further upside movement. The next major resistance is anticipated near $176, potentially leading to a push towards $180. On the downside, if SOL struggles to rally above $172, it might face downward pressure. Initial support lies at $167, followed by $165 and $160. A close below $160 could trigger a decline towards $150. Technical indicators show the hourly MACD losing pace in the bullish zone, while the hourly RSI is below the 50 level. - Key Support Levels: $165, $160 - Key Resistance Levels: $170, $172, $180 Source - newsbtc.com #CryptoTrends2024 #cryptocurrency #BinanceSquareTalks
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💥💥💥 Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3% #Bitcoin's Consolidation and Bullish Outlook - Bitcoin (BTC) has recently consolidated between $67,000 and $70,000 after a brief correction in early May. This period coincides with renewed #ETF✅ inflows and reduced selling pressure. Reduced Selling Pressure and Market Sentiment - Julio Moreno of CryptoQuant notes that Bitcoin's current price level sees significantly lower selling pressure compared to previous peaks, indicating exhaustion of heavy selling. Santiment data shows Bitcoin's market cap surpassing $70 billion independently of the stock market, signaling positive market sentiment. Pre-Breakout Consolidation Phase - Rekt Capital observes Bitcoin's recent weekly candle closing below range high resistance, suggesting further consolidation within the $60,000 to $70,000 range. This aligns with the belief in two remaining phases of the bull cycle: re-accumulation and a parabolic rally. Anticipated Bullish Momentum - Historically, Bitcoin consolidates around all-time highs before significant bull runs. With the current consolidation at elevated levels, expectations are for a post-Halving rally to propel Bitcoin even higher than its mid-March peak of $73,700. Current Market Performance - Bitcoin has gained 2% in the past 24 hours and 10% in the past month, currently trading at $70,200. This positions Bitcoin at a critical stage in its bull cycle, with potential for a transition from consolidation to a parabolic surge. Source - newsbtc.com #CryptoTrends2024 #BinanceSquareBTC #cryptocurrencry
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