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#cryptopump #Bullrunholdings

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🔊 Shiba Inu Nears Gigantic 298 Trillion SHIB Barrier, Will Bulls Prevail?🚀🔥📈

•Shiba Inu is close to taking on the biggest and most important price barrier in its upward ascent. This is because a complete takeover of this barrier might spur 100% gains for Shiba Inu based on current prices.

•At the time of writing, SHIB was up 2.79% in the last 24 hours to $0.0000079. Very close to where Shiba Inu trades is a minute barrier: 1.26 trillion SHIB were bought by 4,440 addresses at the $0.000008 level, per IntoTheBlock data.

•Given that this is just a minuscule level, Shiba Inu bulls might take on this level with ease, but the real challenge lies just ahead.

•Looming in front of Shiba Inu bulls is a gigantic price barrier; this represents the biggest among the red clusters, which indicates SHIB price resistance. Shiba Inu
SHIBUSD
Global In/Out of the Money, Courtesy: IntoTheBlock

•This range, which runs between $0.000008 and $0.000014, saw 430,600 Shiba Inu addresses purchase a massive 298.83 trillion SHIB. This massive amount of SHIB was purchased at an average price of $0.000010.

•This price range is expected to see high selling pressure because many of these addresses will want to sell when the market price reaches their average cost and break-even point on their positions. This will function as a barrier to further price increases at these levels.

•On the other hand, a silver lining presents itself given the fact that more addresses bought enormous SHIB quantities at these price levels.

•Bulls might strive to confirm this price barrier as support, which would serve as a massive springboard for further Shiba Inu rises.

•In what would boost utility, Shib Name Service (SNS) on Shibarium went live during the week, allowing Shiba Inu holders to take control of their identities.

•In the last 24 hours, Shiba Inu has also experienced significant token movement. Whale Alert, a cryptocurrency data tracker, reported that 4,454,530,677,374 SHIB worth $34,314,122 had been transferred from Bitvavo to an unknown wallet.

$SHIB

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🚨 5.4 Million Dogecoin 🐋 Awakens After Nearly a Decade, Raising Eyebrows:

•A dormant whale wallet containing a staggering 5,392,984 Dogecoins has suddenly come back to life after lying dormant for 9.8 years, sparking curiosity in the crypto community.

•According to a Saturday tweet by Whale Alert, a firm specialising in tracking abnormal crypto transactions, this mysterious wallet had been inactive since 2014. During this prolonged inactivity, the wallet’s contents remained untouched even as the cryptocurrency market underwent a significant transformation. That said, considering Dogecoin’s current trading prices, the wallet’s value has appreciated by an astonishing 80,000% to roughly $376,758 since its last activity.

•Meanwhile, the return of this long-dormant Dogecoin wallet has prompted speculation about the owner’s motivations. Some in the crypto community believe it could signify renewed interest in the coin. In contrast, others wonder if it’s a speculative move aimed at capitalizing on the current hype surrounding Dogecoin.

•Furthermore, some have also argued that the wallet addresses belong to the original creator of the meme crypto. On the other hand, some speculate that this could be due to the recent surge in the price of Dogecoin, which has seen a 9.5% increase in the last seven days, according to CoinMarketCap data.

•There are also concerns about the potential impact of such a massive holder on the market, as large transactions could influence the cryptocurrency price.

•Meanwhile, while rare for Dogecoin compared to Bitcoin and Ethereum, this is not the first time a Dogecoin whale has reawakened after such lengthy slumbers. In June, a whale address with over 2 million Dogecoin was reactivated after almost 9.5 years of inactivity. Similarly, in May of the same year, a dormant address containing 1,556,994 DOGE was reactivated after 9.3 years.

$DOGE #dogewhales

🔊 Elon Musk Being 'Super Clear' on Launching Crypto: 'Never'🥲

•Innovative tech billionaire, boss of Tesla and X Elon Musk has reconfirmed, for the last time, it seems, that none of his companies intend to launch cryptocurrency tokens in the future.

⚡️Elon Musk makes his position "super clear"

•Aside from Tesla and X, he also runs SpaceX, Neuralink, The Boring Company. This year, he has also launched xAI company for research in the sphere of artificial intelligence. The new brainchild of Musk is to release its first AI model today, Nov. 4.

•Musk stated that he is being "super clear" on never planning to create and launch any cryptocurrency.

•This statement was his reaction to a tweet by the DogeDesigner user (UX/UI & Graphic Designer at Dogecoin), in which he warned that Elon Musk and xAI are not associated with the meme coin Xai Corp (XAI).

•To be super clear, none of my companies will ever create a crypto token — Elon Musk (@elonmusk) November 4, 2023

•This cryptocurrency has soared by an astonishing 150% at the time of this writing on the news that Musk's xAI is launching today after months of preparation.

$DOGE #DOGEProjections

🚨 Close to Trillion PEPE Grabbed by Enthusiastic Whale After Losing Million in ETH on Big ARB Trade:🚨

•Blockchain sleuth, which tracks on-chain data of “Smart Money” wallets, @lookonchain, 🧑‍💻 has reported that an unknown wallet spent $1.11 million on acquiring almost one billion PEPE meme coins over the past two days.

•Prior to that, he has had several trades with ARB and positive ones with MKR.

•Buying billion PEPE after losing million USD on ARB

•The X post from @lookonchain shows that the aforementioned whale spent 617 ETH to buy 996 billion PEPE. However, this year, he has lost 456 ETH 😨📉(worth $1.3 million) trading ARB and earned a profit of 269 ETH 📈🔥(approximately $423,000), trading MKR.

•A whale 🐋 spent 617 $ETH($1.11M) in the past 2 days to buy 996B $PEPE .

This whale 🐋 has also traded 2 tokens this year:

-Lost 456 $ETH ($1.3M) on $ARB and made 269 $ETH ($423K) on $MKR.https://t.co/H1UddPZlGe pic.twitter.com/oZgDZYScSH— Lookonchain (@lookonchain) November 3, 2023

•@lookonchain has also shared details of the whale’s ARB and MKR trades. He paid 2,039 ETH (worth nearly $4 million) to acquire 3.26 million ARB at a price of $1.5. After that, the whale trader sold this ARB for 1,583 ETH (equal to $2.45 million) at $0.75, thus facing a loss of 456 ETH – that is $1.3 million.

•As for his ARB trading, this wallet owner bought 1,184 MRK, paying 1,348 ETH (worth $2.19 million) at a price of $1,164. A sale of MKR followed as he disposed of it for 1,617 ETH (evaluated at $2.61 million) and earned 269 ETH – that is $423,000.

•At the time of this writing, PEPE meme coin is changing hands at $0.000001085, according to the data shared by CoinMarketCap, after a 6.46% rise in the last 24 hours.

$PEPE

BTC and ETH May Break Link With Equities Market This Week

🔑KEY POINTS:
⚡️Santiment revealed that the next week will indicate whether the cryptocurrency market is still linked to the equities market.
⚡️According to the post, the S&P 500 rose more than 6% while BTC and ETH traded flat.
BTC and ETH posted 24-hour gains of 1.12% and 2.03% respectively.
⚡️Santiment revealed in an X post earlier today that the next week will indicate whether the cryptocurrency market is still tied to the equities market or whether the digital asset market will enter into a bull run. According to the post, the S&P 500 index had a big week after the cryptocurrency market leaders Bitcoin (BTC) and Ethereum (ETH) cooled down.

Since the S&P 500 index jumped more than 6% in the past 4 days while the leading cryptocurrencies traded flat, the coming week will reveal if the digital asset sector can finally rid itself of its link with the equities market. If cryptocurrencies are able to establish their independence, then they might be able to enter the next bull cycle, according to Santiment.

At press time, data from the cryptocurrency market tracking website CoinMarketCap indicated that both ETH and BTC were able to print 24-hour gains. BTC was changing hands at $34,941.48 after its price rose 1.12%. Meanwhile, the largest altcoin in terms of market cap recorded a 2.03% 24-hour gain – boosting its price to $1,835.44 as a result.

Their positive performances throughout the past 24 hours also pushed their respective weekly performances deeper into the green zone. At press time, CoinMarketCap data indicated that BTC was up 2.30% over the past 7 days. Meanwhile, ETH was up 2.55% for the same period.

Meanwhile, BTC was trading at its 24-hour high at press time, with its daily low situated at $34,11.97. Despite the leading cryptocurrency’s latest price increase, its dominance was down 0.20%. This suggests that altcoins were able to outperform BTC during the past 24 hours of trading. Subsequently, BTC accounted for 52.48% of the cryptocurrency sector’s market cap.

$BTC $ETH

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🚨 Bitcoin could reach $47,000 by the end of November, SynFutures co-founder says:🚀

Bitcoin's price could reach $47,000 by the end of November, according to Rachel Lin, co-founder of the multi-chain decentralized exchange SynFutures.

"Last week has cemented October's reputation as 'Uptober,' with bitcoin witnessing nearly a 29% increase in value," Lin said in a statement shared with The Block. "Even more interesting is that when we look at historical data, November tends to be even better than October, with an average return of over 35% in bitcoin. If this November were to deliver similar returns, we could see BTC reach around $47,000."

Beyond the price increase, the crypto market is also witnessing a rise in the number of users and transactions, according to Lin, a further positive sign for the ecosystem.

The 'bull party' continues

Particularly noteworthy is a spike in spot volume, with a marked increase in large transactions exceeding $100,000, according to the SynFutures co-founder.

"This is a clear indicator of heightened institutional interest, as big players are seemingly consolidating their positions in digital assets, specifically bitcoin," Lin said. "If we look at last week's asset inflow, we can see a massive increase, with nearly $325 million flowing into the sector, almost $300 million of which went into bitcoin."

Options data also reflects the bullish market mood. "As of Nov. 3, the top two options with the largest open interest are the 40,000 December call and the 45,000 December call. Even the 50,000 December call option has over 5,000 BTC open interest," Lin noted. "This suggests a large number of people are willing to bet that bitcoin will be significantly higher in two months than what it is today."

While short-term relative strength index momentum indicators reaching overbought levels is a negative sign, the "long-term prospects look bright," Lin said.

Bitcoin’s price is up 2.1% over the past week and 25.9% over the last month, according to The Block’s price data. It's currently trading at $34,750.

$BTC #BTCpredictions

🚨 Shiba Inu (SHIB) Net Flows Skyrocket by 1,666%, Here's Implication 🚨📈

•Dog-themed cryptocurrency Shiba Inu
SHIBUSD
has seen a massive 1,666% increase in large holders' netflows this week.

•Large Holders Netflow from IntoTheBlock analyzes the amount of inflows minus outflows belonging to whale or large holder addresses and thus provides an idea of the change in position of this category of holders.

•A positive surge in netflow may indicate that inflows predominate outflows and, thus, might be seen as accumulation from large holders. On the other hand, declines in large investors' inflows may indicate reduced positions or selling.

•In this case, a positive surge in SHIB net flows could indicate accumulation by whales, which would be net positive. Whales, or large holders, are typically known to accumulate more when the price dips.

•At the time of writing, SHIB was seeing profit-taking and was down 2.53% in the last 24 hours to $0.00000779.

•Shibarium new era begins:

-Shiba Inu Layer-2 solution, Shibarium, has entered a new era, with the launch of the Shib Name Service marking a watershed moment.

-This is the initial step in the development of Shibdentity, a decentralized identity platform that allows users to own and govern their digital identities.

-As part of the Shibdentity ecosystem, the Shib Name Service (SNS) is introduced, bringing something unique to the table: human-readable addresses.

-Shibarium users will no longer need to browse difficult Shibarium addresses because SNS translates complex Shibarium addresses into simple names.

•Shiba Inu has reached a new milestone in its total addresses. According to IntoTheBlock data, the total number of Shiba Inu addresses, which includes all addresses that have ever been generated and those that still contain SHIB, has reached a new high of 3.64 million.

$SHIB #ShibaInuPriceForecast

🚨 BTC/USD: Bitcoin Jumps 27% in Uptober, Outperforming Every Other Large-Cap Asset:🚨

•The orange coin staged a whopping rebound on hopes for the first US-based spot Bitcoin ETF. Stocks ended the month with losses.

•October has just wrapped up and investors are taking stock of their portfolio. It was a battering month for valuations across the board. Just not for Bitcoin (BTCUSD)

•The orange cryptocurrency slapped a 27% October gain on its accounting books as the month lived up to its highly-upbeat Uptober nature. Bitcoin kicked off dealmaking near $27,000 and wrapped up at $34,500 as bright spot BTC ETF prospects stirred up excitement.
Stocks, on the other end, dipped in red territory with the S&P 500 ending October 2.2% lower. The Nasdaq Composite was the biggest loser index with a 2.8% drop and the Dow Jones erased 1.4% for the first month of the fourth quarter. All three Wall Street benchmarks notched a third straight month of declines.

•Elsewhere, gold (XAUUSD)
brought back its shine amid war tremors between Israel and Palestinian group Hamas that began in the first days of the month. The precious metal saw increased appetite, leading to a 10% October gain, the commodity’s best monthly track-record since March. Still, no one of the large-cap assets comes close to Bitcoin’s parabolic October curve.

$BTC #BTCpredictions

Bitcoin Slips Back but Bullish Bets Pile Up. Traders Are Eyeing $50,000. — Barrons.com

By Jack Denton
The price of Bitcoin has shed 3% over the past 24 hours to below $34,400, retreating after nearing $36,000 on Thursday, which marks its highest level since a brutal bear market accelerated last spring. The biggest crypto has rallied some 30% in a matter of weeks, snapping out of a multi-month period through the summer during which Bitcoin volatility and trading volume had fallen to historical lows.
"Overall, the jubilant mood and the bull party continue in the crypto space. It's been a long time since we have had such positive sentiment, and many are hopeful about a coming bull market," said Rachel Lin, CEO of trading platform SynFutures. "For the short-term, there are some negative signs, like the relative reaching overbought levels both at daily and weekly time frames."
Bitcoin has been propelled largely by optimism that U.S. regulators will soon approve the launch of spot Bitcoin exchange-traded funds (ETFs), which is expected to usher in a fresh wave of retail and institutional investor interest in digital assets. Geopolitical risk from conflict in the Middle East has also renewed the "digital gold" narrative for Bitcoin, with bulls pitching the token as a haven asset.
Like the Dow Jones Industrial Average and S&P 500, Bitcoin most recently advanced on the back of the latest decision from the Federal Reserve to hold steady on interest rates. Markets now expect that the Fed is finished with its campaign of aggressive rate-hikes, which weigh on risk-sensitive assets like tokens and cryptos particularly hard.
There are also signs from within crypto markets that the trading environment is growing more robust. After Bitcoin's summer slump, larger traders are coming back into the market — signaling renewed institutional interest — and trading volumes are recovering. "Not only is the price increasing, but we are also witnessing an increase in the number of users and transactions. This is a good sign for the entire ecosystem," said Lin.

$BTC #BTCFuturesSurge

🚨 Cardano (ADA) Forms Unexpected Support Amid 13% Price Jump:🚨🚀

•Cardano ADAUSD is on a bullish run as it has formed unexpected support at the $0.32 price level. Specifically speaking, the coin has printed a 5.09% surge over the past 24 hours, with the price pegged at $0.3233. Effectively, ADA has recorded more than 13% over the past week to mark one of its most ambitious price runs in recent times.ADA 1D Chart. Source: CoinMarketCap

•The Cardano growth is a story of resilience following a very tough year for the protocol. Over the past year, Cardano dropped to its lowest price level of $0.2471 on Oct. 18, a figure that marked consistency in price fall despite proven developer activities soaring on the Cardano protocol.

•At a time, the profitability of Cardano plunged over 90%, adding another layer of pessimism to what the future holds for the coin.
The recovery printed over the past two weeks is a testament to the impact of the strategic planning and decentralization that Cardano embodies. During this time, the number of whale addresses and transactions has soared, complementing efforts focused on launching the Midnight Protocol as well as the upgrading of existing protocols like Mithril and the Lace wallet.

•Cardano and future plans:

-To many Cardano proponents, ADA is still grossly undervalued. While paring off its losses for the year remains its primary target at this time, ending 2023 positively is an ambition to watch.

•While Cardano maintains the lead spot per Github Commits, the protocol has also welcomed two veterans, Sean Ford and David Markley, to lead its stablecoin business as CEO and COO, respectively.

•While Cardano's year started with a tumultuous twist, the present outlook points to a potentially positive closing. Broader market sentiment bordering on the anticipation of a Bitcoin spot ETF approval from the U.S. SEC is also playing a major role. In all, seeing Cardano end the year at $0.4 will be a dream come true for many.

$ADA #ADA/USDT

🚨 Bitcoin Halving approaches: Will the Crypto Giant Experience a Historical Retracement to $20,000?😨📉

🔶Bitcoin, the world's leading cryptocurrency, is currently approaching a significant event known as the Bitcoin Halving. This event, which occurs approximately every four years, is highly anticipated by the crypto community due to its potential impact on Bitcoin's price and overall market dynamics. With the halving only about 164 days away, many investors and enthusiasts are closely monitoring the market for any signs of a retracement.

•Looking back at previous halvings, it becomes evident that Bitcoin has experienced retracements during this period. According to a tweet by Rekt Capital, 2015/2016, Bitcoin retraced by approximately 25%, while in 2019, it witnessed a more substantial retracement of around 38%. These retracements are not uncommon and have historically been followed by significant price movements.
Considering this historical data, it is reasonable to assume that a retracement
may occur, leading to the upcoming halving. While past performance does not guarantee future results, it provides valuable insights into potential market behaviour. Investors should remain cautious and prepared for a possible dip in Bitcoin's price.

•If a retracement were to occur, analysts speculate that it could reach around 30% from current prices. This would result in Bitcoin dropping to approximately $20,000. However, it is essential to note that these predictions are speculative and should be taken with a grain of salt.

•Despite the possibility of a retracement, many experts and enthusiasts remain optimistic about Bitcoin's long-term prospects. The halving event is expected to reduce the rate at which new Bitcoins
are created, effectively decreasing the supply. This reduction in supply, coupled with increasing demand, could potentially drive the price of Bitcoin higher in the long
run.

$BTC #BTCpredictions

Shiba Inu Whales Are Moving SHIB Again, Bearish📉 Or Bullish📈?🤔

•Shiba Inu whales have been seen moving a large amount of SHIB on-chain once again.
These movements come at a time when the price of the meme coin is on the rise, raising concerns about whether these large holders have decided to start selling their large stacks of coins.

•Shiba Inu Whales Start Moving Coins
Over the last few days, whale tracker Whale Alert has reported two large Shiba Inu transactions carrying a massive amount of coins. The first was reported on October 31 where a single transaction was spotted carrying over 4.47 trillion SHIB worth $35.35 million at the time. The next transaction came a day later on Wednesday, November 1, where another transaction carrying a large amount of
SHIB was recorded. This transaction was similar to the first in that it was carrying
4.46 Trillin tokens. The dollar figure was however a little lower at $33.9 million at the time of the transaction.

•More Bullish Than Bearish For SHIB
Looking at the origin and destination of each transaction shows a higher tendency for it to be bullish than bearish for the coin.
The first transaction was actually moved from an unknown wallet to another unknown wallet. This could suggest that the owner is moving the coins to other wallets for safekeeping.

•The second transaction is even more bullish given that it is a withdrawal from a centralized exchange. As Whale Alert shows, the transaction was actually the movement of coins from the Bitvavo crypto exchange to a private wallet, which suggests accumulation.
Given that both of these transactions are not showing any indications of selling, it is likely that these whales are still keeping the faith and holding on to their coins. In such a case, it is more bullish than bearish for Shiba Inu.
Shiba Inu is still trading at a fairly high price of $0.0000079 after jumping 3.93% in the last 24 hours. However, it is performing much worse on the weekly chart with 1.53% losses.

$SHIB #BullishSigns #SFM

🔲🔳 XRP Ledger Layer-2 Platform Launch Date, Here's When It Will Go Live:

•Evernode, a Layer-2 smart contract solution based on the XRP Ledger, has shared an update as regards its launch.

•Given the successful launch of the Xahau Network and Hooks functionality now enabled, Evernode can now exist, as stated in its official website post. In this regard, Evernode stated it was targeting its launch for Nov. 27, 2023.
•We've updated our website to reflect our launch target of 27th November.https:// t.co/lgfc2w|384— Evernode - No Trustline
& No Support & (@EvernodeXRPL)
November 1, 2023

•Although this date is open to alteration because some plans may require final touches, an audit of the hooks and mechanisms of Evers airdrops is being considered.

•Amid this, Evernode expresses optimism about being able to launch on the targeted date of Nov. 27.

•Following the launch of Evernode, an airdrop to XRP holders is planned, with a significant number of Evers, the protocol's proposed native currency, set aside for this reason.
A total of 5,160,960 Evers is intended to be distributed to XRP holders who held up to 50,000 XRP on XRPL at snapshot and created a matching r-address on ahau with the Evers trustline set.

•Evers will be airdropped into the Xahau account depending on the XRP held in the corresponding XRPL account on the snapshot date of Sept. 1, 2023. Since expectations remain as to the airdrop, Evernode warns that there are no Evers yet and no Trustline, as only the snapshot has been taken. XRP holders are expected to just do nothing and wait until after Xahau launches.

$XRP #XRPInvesting

🚀 Shiba Inu Price Turns Green as Unknown Whale Buys Billions of SHIB:🚀

•In a stunning turn of events, the Shiba Inu token, SHIB, has experienced a surge in price today, coinciding with mysterious whale activity.
•Just under an hour ago, an unknown, enigmatic buyer made a series of significant purchases, accumulating over 36 billion Shiba Inu tokens in dozens of tranches. Each one contained an impressive quantity of SHIB, ranging from 100,000 to a million tokens, ultimately translating to a whopping $288,000 in total.Source: Etherscan
•This whale now holds an astounding 58.58 billion SHIB tokens, equivalent to $468,650, in its wallet, raising questions about their intentions and the impact on SHIB's market dynamics.

•Shiba Inu(SHIBUSD)price goes up:

-Remarkably, this intriguing whale activity coincided with a surge in SHIB's price, manifesting in green candles on its price chart. Notably, while Bitcoin and Ethereum were either stagnant or in a downturn, Shiba Inu's value saw an upward trajectory, trying to take over an important resistance level.SHIB to USD by CoinMarketCap
-The key resistance range, fluctuating between $0.000008 and $0.0000084, has been a formidable barrier for SHIB in recent weeks. Breaking through this range may pave the way for SHIB to ascend to $0.00001 per token, erasing yet another
"O" from its price value.
-The burning question on everyone's mind is whether this mysterious whale's activity serves as a precursor to an impending price rally for Shiba Inu. For now, the answer remains a mystery, with only time and the SHIB price chart capable of unveiling the truth.

$SHIB #ShibaInuMystery

PEPE, FLOKI, SHIB, DOGE Receive Boost After BTC Broke $35K🚀🔥

🔑Key points:
⚡️4 Bitcoin (BTC) was able to break above and remain above $35K over the past 24 hours.
⚡️The meme coin sector benefited from BTC's price pump as the sector's valuation rose more than 3%.
⚡️DOGE, SHIB, FLOKI, and PEPE were all able to record fair gains over the past 24 hours.

•The meme coin sector received a capital injection over the past 24 hours as traders cashed in their profits from Bitcoin (BTC) and bought into the smaller-capped meme coins. According to CoinMarketCap, the market leader was changing hands at $35,291.17 after a 2.41% gain. This latest gain also pushed BTC's weekly performance up to +1.65%.
The meme coin market followed suit, as the sector's collective valuation rose 3.04% during the same period.

•Subsequently, the market cap for meme coins stood at $16,375,551,902 at press time. This increase was mainly driven by the largest meme coins in terms of market cap, as Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Floki (FLOKI) all posted 24-hour gains.
Meanwhile, the trading volume for meme coins also increased by 5.56% throughout the past day of trading. This boosted the total volume to $1,072,801,612 as a result. The meme coin leader, DOGE, was trading hands at $0.06942 after its price increased 3.50% over the past 24 hours.
This positive daily performance, however, was not enough to bring DOGE's weekly performance out of the red zone. As a result, the meme coin was still down 2.66% over the past 7 days.
SHIB and PEPE were able to print respective gains of 3.32% and 2.54% throughout the past day of trading.
Subsequently, SHIB was valued at $0.000007932, while PEPE's price was boosted to $0.000001155 following the latest increase.
FLOKI was the only meme coin in the top 4 list that was able to flip its weekly performance. At press time,
CoinMarketCap data indicated that
FLOKI's price was up 1.79% over the past 7 days. This was after its price rose 3.36% during the past 24 hours of trading. As a result, the meme coin was valued at
$0.0000323