Elon Musk's image sharing caused $DOGE to rise by more than | Crypto De Nostradame on Binance Square

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Elon Musk's image sharing caused $DOGE  to rise by more than 2 percent.
The image shows Musk giving a speech from a podium with #DOGE  written on it.
Musk shared the image with the note "I am ready to serve."

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The latest development in Shiba Inu (SHIB) may affect the price. #ShibaInu (SHIB), which is regularly burning, may attract attention with its short-term price movements. Over the past 24 hours, the Shiba Inu ($SHIB ) ecosystem has seen significant activity as volatility continues. The burn rate, a key metric of SHIB, has increased significantly, with a deflationary mechanism. According to Shibburn, the network has increased by a whopping 8.19 percent against the recent price drop. This surge removed 3,106,197 SHIB from the circulating supply. Eight transactions involved burns that sent tokens to dead wallets. The last recorded transaction sent one million tokens for burning in a single batch. #ShibaInu price rose momentarily on Tuesday as the burn was carried out. SHIB’s price reached $0.00001367 and briefly fell in the early afternoon. However, the dog-themed memecoin returned to $0.00001359 in the evening hours. As of writing, SHIB is trading at $0.00001324. Meanwhile, market volume fell by 20.54 percent to $135.49 million due to decreasing demand. SHIB’s current price suggests that the burn action has had a positive impact. However, the lack of sustainable price performance is confusing. Some analysts attribute the failure of the #ShibaInu price structure to turn positive to the weak market trend. Investors are monitoring $SHIB resistance levels to see if there is a connection with the rise of the deflationary burn mechanism. While the SHIB team struggles to stabilize the price, it has also introduced a new portal, ShibDev, to help developers building on Shibarium. The portal provides tools for innovators to develop decentralized applications. $BTC

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Crypto expert Hayes sounds the alarm for Bitcoin! According to experts, as the Japan-related carry trade relaxation continues, risks on BTC may increase. Although the largest crypto asset rose to $ 58,000 at the beginning of the week, it did not inspire confidence. The fact that crypto was not mentioned in the Trump-Harris debate and Trump fell behind in the polls affected the BTC price. A striking comment came from crypto expert Arthur Hayes in the middle of all these processes. Addressing his followers on the X platform, Hayes made the following statement: “USD/JPY (US dollar/Japanese yen parity) has broken down, approaching 140, and is about to become a gin town again in the markets. Let's see if BTC can hold on?” Investors enter carry trades by borrowing from currencies with low or near-zero interest rates for higher-yielding assets. The Bank of Japan's first interest rate hike in August exploded carry trades and caused a collapse in global markets. Hayes is concerned that the “collapse” that occurred in August may repeat itself. Yardeni Research analysis said: “Expectations that the Fed will cut interest rates and the Bank of Japan will raise interest rates are strengthening the Japanese yen and forcing investors to ease their carry trades.” According to Yardeni, if the Fed cuts interest rates by 50 basis points and moves towards monetary easing, carry trades could continue. $BTC $ETH $BNB

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Last call for Hamster Kombat: You can get an airdrop! Telegram game Hamster Kombat, which has reached over 300 million players, will make an airdrop on September 26. Role-playing game Hamster Kombat, which can be played on Telegram, announced that it will be listed on Bybit, Bitfinex and OKX exchanges. The game project, which has not yet made a statement about its #Binance listing, is expected to make a DOGS-like launch. Hamster Kombat, which is said to be pre-sold on the Bybit exchange on September 12, continues its airdrop process. Players will be able to earn HMSTR tokens by completing various tasks. According to the details in the mobile application, there are six different tasks for the airdrop. NOT's average airdrop of $50 and DOGS' average #airdrop of $25 drew attention to #HMSTR . The Hamster Kombat community stated that they expect an average airdrop of $100. #Hamster Kombat (HMSTR), which will be listed on exchanges with airdrop distribution towards the end of September, is increasing its number of players day by day. The airdrop conditions have been clarified for the project that has reached 300 million active players. According to the information on the platform, while the gold collected by the players will not be a criterion, the amount of hourly gold earnings will be one of the airdrop conditions. Players will also need to fulfill regular tasks that are renewed every day. Other conditions are as follows: *Players must have invited at least one friend *Players must have obtained at least one of the badges in the "Acquisitions" section *Players must interact with Telegram posts *Players must collect keys by completing games on the platform. Players who meet the conditions in question will earn Airdrop participation points. Players who reach the highest score will earn more HMSTR. The player who meets at least one of the conditions will also be included in the airdrop, but will earn a very small amount of HMSTR.

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Will NEIRO continue its rise? What to expect? Despite the uncertainty in the crypto market, the rises made by memecoins are drawing attention. After Popcat gained momentum, all eyes turned to NEIRO. Claimed to be the new Dogecoin, NEIRO increased by over 600 percent after being listed on Binance's futures. NEIRO, which touched $ 0.2933 and created an all-time high (ATH), retreated to $ 0.1670 as a result of selling pressure. Coinpedia shared its bullish expectation for NEIRO. The analysis interpreted the decline in NEIRO as a "healthy correction". It was stated that NEIRO, which rose from the $ 0.020 level, has faced profit sales in recent days. The analysis, which predicts that the bullish momentum will return in the popular memecoin, said the following: Following the last bull cycle, the #memecoin made a B-shaped comeback by regaining $ 0.1942 with a 725 percent increase. Potential sales increased in NEIRO, which exceeded the 61.80 percent Fibonacci level with the reversal of the trend. These sales caused a decrease of 11.61 percent in the last 30 hours and led to a series of bearish candles on the 4-hour chart. Coinpedia, which thinks that Neiro on ETH will make a splash in the near future, said in its analysis: “The price action analysis of NEIRO ETH reveals a bottom level of $ 0.16. A possible return after retesting the support level may increase the chances of a bull run in NEIRO.” If the decline in #NEIRO continues, the price may pull back to the 50 percent or 38.20 percent Fibonacci levels. The price levels supported by the chart correspond to $0.1507 and $0.1207. The analysis stated that the $0.22 level is important, and has become a significant resistance point as it is the last peak. The analysis said: “#NEIRO is expected to find resistance at the 1.272 or 1.618 Fibonacci levels to reach the all-time high. The Fibonacci levels in question are $0.3470 and $0.4350, respectively.” $BTC $ETH $BNB

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Dogecoin (DOGE) whales pose a threat: Sales could increase. Onchain data for Dogecoin (DOGE) shows that large investors are selling. IntoTheBlock’s “Large Holder Netflow” metric shows an interesting trend among addresses that own at least 0.1 percent of the #Dogecoin circulating supply. Netflow is essentially the difference between the amount of tokens entering whale wallets and the amount of tokens leaving whale wallets. A positive netflow indicates a period of accumulation by whales, while a negative netflow indicates a significant outflow from their wallets. According to this metric, net flow has decreased by 57.29 percent in the last seven days. In addition, this metric shows decreases of 169.46 percent and 166.98 percent in the 30-day and 90-day timeframes. The sharp declines indicate that many large investors are reducing their Dogecoin positions. The downturn in #DOGE would likely wear out the patience of major investors. Further supporting this trend is the “Crypto Exchange Netflow” metric, which tracks the movement of $DOGE tokens into and out of exchange wallets. Accumulation periods are indicated by a negative Crypto Exchange Netflow, as more tokens move from exchanges to wallets. A positive Crypto Exchange Netflow usually indicates increased selling pressure. In the last 24 hours alone, the total amount of #Dogecoin on crypto exchanges increased by 86.33 million. Similarly, exchange balances have increased by 93.2 million Dogecoins in the last 30 days. If the downturn in the market continues, various metrics related to the pair are also likely to be in danger.

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