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XRP Finally Loses $0.60 Price Threshold: What's Next?
Shytoshi Kusama Breaks Silence on Crucial Role of LEASH Holders in Upcoming DAO
Bitcoin (BTC) has begun to recover, sparking renewed interest in its broader ecosystem, with assets like Sats and Ordi leading the way. This surge in BTC's ecosystem is bringing attention to other projects connected to Bitcoin and DeFi, including BADGER. [vote for me](https://app.binance.com/uni-qr/cpro/CryptoMystique?l=en&r=146259817&uc=app_square_share_link&us=copylink) BADGER has experienced prolonged market downturns, positioning it near the bottom of the market cycle. However, this project, which is deeply involved in DeFi and the BTC ecosystem, is showing promising signs. With the upcoming launch of cbBTC, a project beneficial for both DeFi and BTC fractals on Ethereum, the potential for BADGER to perform well is increasing. BADGER is fully circulated with a relatively low market cap, making it a prime candidate for significant price movements. Historically, BADGER has seen rapid surges, often multiple times in short periods, underscoring its volatility and potential for gains. In terms of project progress, BADGER has gained support from Gitcoin, which backs the Grants plan for $BADGER, emphasizing community-driven growth for Bitcoin in DeFi. This support could further enhance its position within the ecosystem, making it a noteworthy contender in the DeFi space. #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
Better Cryptocurrency to Buy Right Now: Bitcoin vs. XRP Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) are two very different types of cryptocurrencies. Bitcoin, the world's top cryptocurrency, is often considered a "blue chip" coin that is less volatile than smaller altcoins. XRP, the native cryptocurrency of the Ripple payment platform, is a much smaller token that has largely traded on the drama surrounding a U.S. Securities and Exchange Commission (SEC) lawsuit over the past four years Over the past 12 months, Bitcoin's price jumped 134% as XRP's price rose 14%. Over the past five years, Bitcoin's price surged 487% while XRP's price climbed 116%. So is it smarter to simply stick with Bitcoin than to bet on XRPs future growth? The differences between Bitcoin and XRP Bitcoin is often compared to physical metals such as gold because it's digitally mined through an energy-intensive proof-of-work PoW process. Its miners use powerful ASIC chips to process calculations and earn Bitcoin rewards from its blockchain That process gets more challenging every four years with scheduled "halvings," which reduce the rewards for mining Bitcoin by half. As of this writing, nearly 19.8 million Bitcoins (out of its maximum lifetime supply of 21 million) have already been mined. But due to the increasing difficulty of mining Bitcoin, experts don't expect the final Bitcoin to be mined until 2140. It's a tightly controlled long-term inflation policy Bitcoin's blockchain doesn't support smart contracts or decentralized apps (dApps) like the proof-of-stake (PoS) blockchains used by Ethereum, Solana, and Cardano. However, its simple approach to mining, its scarcity, and its increasing adoption for mainstream payments make it more comparable to gold, silver, and other precious metals than many other cryptocurrencies XRP is a token that was digitally minted instead of mined. Its parent company, Ripple, minted its entire supply of 100 billion tokens prior to its market debut, and it initially locked up 55 million of those tokens in escrow accounts across its blockchain.$SOL
Five Easiest Ways to Make Money with Cryptocurrencies in the 2024 to 2025 Bull Market Buy and Hold One of the simplest strategies is to buy promising cryptocurrencies and hold onto them for the long term. Look for projects with strong fundamentals, a clear use case, and a solid team behind them. During bull markets, the prices of these cryptocurrencies tend to increase significantly, allowing investors to realize substantial gains over time. Staking Staking involves holding cryptocurrencies in a wallet to support the operations of a blockchain network. In return, stakers receive rewards in the form of additional coins. Many cryptocurrencies offer staking rewards, providing investors with a passive income stream during the bull market. Lending Cryptocurrency lending platforms allow users to lend their digital assets to borrowers in exchange for interest payments. This can be a lucrative way to earn passive income during the bull market, as interest rates are often higher than traditional savings accounts. Trading Trading cryptocurrencies involves buying and selling digital assets with the aim of profiting from price fluctuations. While it requires more active management and carries higher risks, trading can be highly profitable during bull markets when prices are rising steadily. Participating in Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs) ICOs and IEOs are fundraising mechanisms used by cryptocurrency projects to raise capital. By participating in these offerings, investors can purchase tokens at a discounted price before they are listed on exchanges. If the project is successful, the value of the tokens can increase significantly, resulting in substantial profits for early investors. Happy trading , good luck. Remember to vote for me guys
Crypto Market Has Seen 0 Days of Correction in 2023 & 2024 So Far Crypto has experienced 62 days of market correction from 2014 to date, which makes up a minor 1.6% of the time during this period. The average crypto market correction across these days was -13.0%, which is just 3 percentage points above the technical cutoff definition for a market correction. Crypto was hit by the highest number of 18 market corrections in 2018, which is double the next highest 9 days of market correction recorded in 2017. The frequency of crypto market corrections in 2018 was likely due to the volatile bearish conditions then, as crypto cooled off from a bull run that gained the asset class greater mainstream recognition. Notably, crypto saw 0 days of correction in 2023, as the market consolidated and made a gradual recovery despite a challenging macroeconomic environment. Bitcoin and Ethereum similarly did not experience any days of price correction last year. While both the global crypto market and Bitcoin have yet to experience any days of correction so far this year, it remains to be seen if that will be the case for the rest of 2024. On the other hand, Ethereum has already seen 2 days of price correction this year, namely -10.1% on March 20 and -10.0% on August 6, 2024. #bitcoin #BTC {spot}(BTCUSDT)
Meet the firms that help crypto investors make millions in backroom deals
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Five best ways that helped me earn free $1,000 In crypto from BINANCE without any risk 1. Binance Megadrop Binance Megadrop campaigns are periodic events where users can participate to win free cryptocurrency. To get involved, keep an eye on the Binance announcements for upcoming Megadrop events. Typically, you'll need to complete specific tasks such as trading a certain volume, referring friends, or participating in social media challenges. The rewards can be substantial, offering a great way to boost your crypto holdings. 2. Binance Earn Binance Earn provides multiple ways to grow your crypto assets, including staking, savings, and liquidity farming. By depositing your cryptocurrencies into Binance Earn, you can earn interest on your holdings. Flexible savings allow you to earn daily interest with the freedom to withdraw anytime, while locked savings and staking offer higher returns for longer commitment periods. 3. Binance Launchpool Binance Launchpool allows you to earn new tokens simply by staking your existing Binance Coin (BNB) or other supported cryptocurrencies. Each Launchpool project has its own staking period, during which you can stake your tokens and receive rewards in the form of newly launched tokens. 4. Binance Learn and Earn Binance Learn and Earn is an educational program that rewards you for learning about cryptocurrencies and blockchain technology. By watching videos, reading articles, and completing quizzes, you can earn small amounts of crypto. This initiative not only helps you expand your knowledge but also adds to your crypto wallet. 5. Write2Earn on Binance Square If you enjoy creating content, Write2Earn on Binance Square is an excellent opportunity. By sharing insightful posts, tutorials, and market analyses, you can earn tips and rewards from the community. The more engaging and valuable your content, the higher your chances of earning substantial crypto rewards.
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Trading In Cryptos on International P2P Exchange? You run Your Bank Account being Frozen
Trump is launching a cryptocurrency platform, and we have no idea what it does
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JUST IN: The đŸ‡ŠđŸ‡· Buenos Aires Ministry of Education has partnered with the ETH Kipu Foundation to integrate Ethereum and blockchain technology into the high school curriculum.
Here's How a Democratic Victory Could Affect the Cryptocurrency Market Heading into the final stretch of the 2024 presidential campaign, the Republican Party appears to have the upper hand with pro-crypto voters. Former president Donald Trump has outlined a pro-Bitcoin (CRYPTO: BTC) agenda, even going so far as to proclaim that he wants America to become the "crypto capital of the planet." In contrast, the Democrats don't appear to be offering much of anything. In fact, there's no mention of "crypto" or "digital assets" anywhere in the 91-page Democratic party platform. The Biden-Harris administration has largely been viewed as anti-crypto, and some of the names that are being floated as potential economic advisors in the Harris-Walz administration are also viewed as skeptical of the cryptocurrency movement. With that in mind, here's how a Democratic victory could impact the cryptocurrency market. Bitcoin A Democratic victory could put a cap on just how much higher Bitcoin might go during the current market cycle. Right now, the current consensus is that Bitcoin has the potential to double in price to anywhere from $100,000 to $150,000 by the end of 2025. But that robust forecast, based in part on the assumption of Trump defeating Biden, could change now that a Democratic victory is looking much more likely with Kamala Harris as the party's candidate. It's not so much that the Harris administration is going to crack down on crypto, or that they are going to adopt anti-Bitcoin policies. It's that they are not planning to do anything new. Unless some new development forces the Harris administration's hand, that means no new comprehensive regulatory framework for crypto, no new tax policies to encourage crypto investing, and no new fiscal policies to stimulate Bitcoin mining. This last point is worth particular attention, given that the Biden-Harris administration has generally tended to view Bitcoin mining as energy-inefficient and a drag on the nation's power grid. In September 2022, for example, the White House released a comprehensive report.
JUST IN: Binance Labs announced investments in Sahara AI and MyShell to support a new wave of AI-powered decentralized applications (DApps).
Analysis Highlights Challenges And Potential Revival Of NFT Market
🌍⚡Inside voluntary renewable energy certificate (REC) market According to S&P Global's forecast the U.S. voluntary renewable energy certificates (RECs) will grow at a compound annual rate of 15.9% from 2024 to 2033, surpassing the expected 473.1 million compliance credits in 2024. But what's driving this voluntary #REC momentum? Reasons: ✔ Growth of #AI ✔ Corporate #sustainability goals ✔ Power demand for #datacenters ✔ Rising demand for #electrification and fast expansionof clean energy As we witness the promising growth of voluntary RECs, it's essential to have tools that enhance market #transparency and #accessibility. Our REC trading marketplace,#TraceX, streamlines the process of buying and selling RECs, ensuring ease every step of the way. ⚡ Explore TraceX:
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🚹 Sometimes bad players will create duplicate accounts of trusted entities online and post content under their name, usually promising rewards. This kind of content is then backed up by other fraudulent accounts commenting with positive feedback. #DigitalSecurity #SecurityTips
Shiba Inu (SHIB) to Launch DAO Governance as 'Next Step'
Crypto investment products see largest inflows in 5 weeks
$MEME has confirmed the breakout from 0.005$ with a huge volume. The next stop for this one will be 0.018$ in a shorter timeframe. Keep an eye on Memetoon as it can be a game changer! Hope #Bitcoin remains Bullish in this period! We've tracked 320% gains in the last rally.
Hong Kong's Bitcoin Spot ETFs Surpass HKD$2B in Assets Hong Kong's spot Bitcoin exchange-traded funds (ETFs) have achieved a significant milestone, surpassing 2 billion Hong Kong dollars, or approximately $256 million, in assets under management (AUM) Despite this achievement, the ETFs have experienced a slower start compared to their counterparts in the United States. Upon their launch on April 30, the Hong Kong ETFs attracted a total of $262 million in inflows during their first week; however, most of this amount was committed prior to the official listings. Actual asset inflows during that initial week were a modest $14 million, a stark contrast to the billions that flowed into U.S. spot Bitcoin ETFs when they debuted in January. Three spot Bitcoin ETFs in Hong Kong saw a net inflow of around 247 BTC in the past week, raising their total holdings to approximately 4,450 BTC. The current AUM for these ETFs now stands at about HK$2.1 billion, equivalent to $269 million The ETFs managed by China Asset Management and Harvest Asset Management, in collaboration with the digital asset trading platform OSL, account for more than HK$1.3 billion, or $167 million, of this total. The third ETF, which operates independently of OSL, holds HK$776 million, or $99.5 million, representing roughly 42% of the market The slow uptake of Bitcoin ETFs in Hong Kong can be attributed to a narrower range of options available to investors compared to the 11 offerings in the U.S. market. Despite the potential for growth, many investors in Hong Kong may be hesitant to dive into the cryptocurrency space, preferring to observe from the sidelines initially. This disparity underscores the challenges Hong Kong faces in establishing itself as a global hub for cryptocurrency investments Industry experts believe that the unique features of Hong Kong's spot Bitcoin ETFs, such as their redemption method, could attract more investors over time. Unlike American spot crypto ETFs, which are limited to cash creations, Hong Kong's ETFs allow for in-kind creations, meaning that actual cryptocurrency.
Bitcoin Double top pattern formed $BTC continues to maintain its corrective momentum, with the price breaking through the key support level at 64,000 and entering a strong bearish trend, recording a 0.77% decline on the day. However! It's important to note that a Double Top pattern has formed, which theoretically suggests that the price may break the support neckline at 63,569 and continue to correct further. Notably, the support neckline area at 63,569 is expected to hold for an extended period, as it represents a very strong reaction zone. But! Based on the pattern setup, there is a high probability that we may witness a BREAKOUT - RAPID DECLINE in the near future. Based on the current model and price action, we identify the key areas as follows: Resistance zone: 64,000 - 64,800 Support zone: 63,570 - 62,322 Given the current market structure and price action, there is a strong likelihood of capturing a significant corrective move in the market. #MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves
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$SUI - broke above $1 on strong buys Bulls are in charge - I’m Targeting $1.10-$1.50 with key support at $0.80 đŸ€ [CLICK HERE & VOTE](https://app.binance.com/uni-qr/cpro/Hamid) #MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #hamidarmy #Babylon_Mainnet_Launch
Ethereum’s Dominance Challenged as SOL, TON Rise
In a recent interview with Tucker Carlson, Telegram CEO Pavel Durov revealed that US security agencies, including the FBI, have been pressuring the messaging app to weaken its encryption and privacy protections. Durov recounted an incident where US agents attempted to recruit a Telegram engineer to gain access to the app's open-source code. He also described personal encounters with FBI agents at airports, who pressured Telegram to implement surveillance-friendly tools. Durov stressed that these efforts aimed to undermine Telegram's strong encryption. His potential arrest could have significant implications, possibly setting a precedent for how governments interact with tech companies that prioritize user privacy. For more details, watch the full interview on Tucker Carlson's website or YouTube.
Crypto trader turns $1000 into $400,000 trading Tron’s memecoin Sunwukong 
$BTC Bitcoin Flirts With $65,000 on Powell Pivot, Streak of ETF Flows (Bloomberg) -- Bitcoin touched $65,000 for the first time in about three weeks, aided by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen monetary policy. The largest digital asset rose 1.2% to $65,030 on Monday before dipping back to $64,000 as of 1:35 p.m. in Singapore. The cryptocurrency advanced 7.4% last week, the sharpest increase for such a period since mid-July. Fed Chair Jerome Powell on Friday gave the clearest indication yet that the central bank is on course to cut benchmark rates from a more than two-decade high, portending a more favorable liquidity backdrop for global markets. Powell’s signal spurred a $252 million net inflow — the highest in more than a month — into a group of one dozen US spot-Bitcoin ETFs the same day, data compiled by Bloomberg show. The funds have attracted inflows for seven straight days. “All eyes are on the Fed,” said Cici Lu McCalman, founder of blockchain adviser Venn Link Partners, adding that a September rate cut may boost Bitcoin. Unlike the Bitcoin portfolios, a group of US spot-Ether ETFs suffered a net outflow on Aug. 23. Ether was on the back foot on Monday, dropping as much as 1.7%. Other major tokens were little changed. Toncoin, a token from a blockchain linked to messaging app Telegram, nursed losses after the latter’s co-founder Pavel Durov was detained in France. --With assistance from Sidhartha Shukla. #BinanceLaunchpoolDOGS
#ADA Price Key Levels to Watch for Spike The Cardano price chart shows a downward trend within a descending channel. The price is currently trading near the upper boundary of this channel, suggesting a potential resistance area around $0.40. The 50-day EMA (green line) is below the 200-day EMA (black line), reinforcing the bearish trend. However, the price action is currently trying to remain above the 50-day EMA, indicating a possible shift in momentum. The ADA price will likely find resistance around $0.40–$0.42, and the 200-day EMA at $0.4355. The Chaikin Money Flow (CMF) indicator is positive (0.21), indicating buying pressure. This suggests accumulation is occurring, providing a basis for a potential upward breakout if sustained. If Cardano price closes above $0.4355 (200-day EMA) with strong volume, it could confirm a longer-term trend reversal, ideal for long-term entry. Potential targets could be around $0.50, 0.60, and $0.70 for long-term gains if the reversal is confirmed. If the ADA price fails to hold the 50 EMA support, the channel’s midline near $0.35 is a key support level. If the price pushes further downward, it will find lower support around $0.30 at the channel’s lower boundary. Follow Us Like Share Comment Repost
Remember that the #Bitcoin halving was already 128 days ago. The supply shock can happen at any time now.
Top 4 Altcoins to Turn $1000 into $1 Million by the Next Bull Run
NEW: Hong Kong ETF issuers are calling on South Korea to approve #Bitcoin ETFs đŸ‡°đŸ‡· When, not if 🚀
Big News! 🚹 [Visit my profile and Vote Me](https://app.binance.com/uni-qr/cpro/Auliya900?l=en&r=772931100&uc=web_square_share_link&us=copylink) BLUM is distributing a massive 1,750,000,000 $DOGS tokens to 407,000 lucky users! đŸ€‘ Tokens will be delivered straight to the wallet linked with your BLUM account. I initially expected a larger turnout, but this is a fantastic outcome for those who participated! 😊 Your airdrop amount depends on your activity on BLUM, including your daily registration streak and overall engagement. Keep an eye out for more updates, including a token drop announcement from Notcoin coming soon! ☀ Note: This is for informational purposes only. #BinanceLaunchpoolDOGS #BlumAirdrop #TelegramCEO #BLUM #dogs
Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole ‱ U.S.-listed spot bitcoin ETFs saw significant activity with over $252 million in net inflows and trading volumes exceeding $3.12 billion, driven by positive market sentiment following comments at the Jackson Hole symposium. ‱ BlackRock's IBIT and Fidelity's FBTC led in inflows, while Grayscale's GBTC experienced outflows. ‱ Federal Reserve Chair Jerome Powell's hints at loosening monetary policy at Jackson Hole led to a surge in bitcoin prices above $64,000, with expectations set for a potential rate cut at the next Fed meeting on September 17. U.S.-listed spot bitcoin {{BTC}} exchange-traded funds (ETFs) recorded over $252 million daily net inflows on Friday, their highest level since July 23, as favorable comments at the Jackson Hole symposium buoyed risk assets, including bitcoin. Trading volumes for the eleven ETFs crossed $3.12 billion to mark their highest level since July 19, SoSoValue data shows. BlackRock’s IBIT led trading activity and inflows at $1.2 billion and $83 million, respectively. Fidelity’s FBTC was next with $64 million in inflows, while Bitwise’s BITB took in $42 million to cross the $2 billion AUM mark for the first time. Grayscale’s GBTC was the only product showing net outflows at $35 million. However, its mini bitcoin fund BTC was in the green with $50 million inflows. Federal Reserve chair Jerome Powell confirmed signs that the public agency is set to loosen monetary policy at the Jackson Hole symposium on Friday, with bitcoin rallying above $64,000 "The time has come for policy to adjust," Powell said in his speech. "The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks." Crypto traders widely expect the Fed to deliver its first rate cut at its next policy meeting scheduled for September 17 Tighter monetary policies typically dampen risk appetite in financial markets, while lower rates increase the allure of asset classes.
#S&P 500 ANALYSIS [Vote For Me To Win 50K đŸ’Č](https://app.binance.com/uni-qr/cpro/Crypto_Psychic?l=en-IN&r=70892612&uc=app_square_share_link&us=copylink) The S&P 500 has successfully broken out of a cup-and-handle pattern, followed by a successful retest of the neckline, confirming the bullish trend. The Ichimoku Cloud also signals strong bullish momentum. Currently, the S&P 500 is moving upward and encountering resistance at a key horizontal level. If it breaks through this resistance, further upward movement is anticipated. However, there is also the possibility of the S&P 500 forming a double top at this level, which could indicate a potential reversal. 🗳Vote For Crypto psychic in Binance Creator Awards 😊 đŸ«‚Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
Hashrate-ul Bitcoin este din nou Ăźn creștere! Apropiindu-se de nivelurile maxime observate la sfĂąrșitul lunii iulie. În ciuda unei scăderi recente de 4,19% a dificultății Ăźn timpul ultimei reajustări, proiecțiile actuale sugerează că această reducere ar putea deveni curĂąnd istorie. Pe 28 august, se așteaptă ca dificultatea să crească din nou, potențial cu 4% sau mai mult. Conform datelor de pe https://t.co/HfplWV8TUU de la Luxor, hashrate-ul Bitcoin este Ăźn prezent la aproximativ 660 exahash pe secundă (EH/s), cu doar 17 EH/s mai puțin față de vĂąrful de 677 EH/s Ăźnregistrat pe 25 iulie 2024. Au trecut 11 zile de la ultima ajustare a dificultății Bitcoin, Ăźn urma căreia minerii s-au bucurat de o scădere de 4,19% a dificultății, ceea ce a făcut ca găsirea blocurilor BTC să fie ceva mai ușoară.
$BTC Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole ‱ U.S.-listed spot bitcoin ETFs saw significant activity with over $252 million in net inflows and trading volumes exceeding $3.12 billion, driven by positive market sentiment following comments at the Jackson Hole symposium. ‱ BlackRock's IBIT and Fidelity's FBTC led in inflows, while Grayscale's GBTC experienced outflows. ‱ Federal Reserve Chair Jerome Powell's hints at loosening monetary policy at Jackson Hole led to a surge in bitcoin prices above $64,000, with expectations set for a potential rate cut at the next Fed meeting on September 17. U.S.-listed spot bitcoin {{BTC}} exchange-traded funds (ETFs) recorded over $252 million daily net inflows on Friday, their highest level since July 23, as favorable comments at the Jackson Hole symposium buoyed risk assets, including bitcoin. Trading volumes for the eleven ETFs crossed $3.12 billion to mark their highest level since July 19, SoSoValue data shows. BlackRock’s IBIT led trading activity and inflows at $1.2 billion and $83 million, respectively. Fidelity’s FBTC was next with $64 million in inflows, while Bitwise’s BITB took in $42 million to cross the $2 billion AUM mark for the first time. Grayscale’s GBTC was the only product showing net outflows at $35 million. However, its mini bitcoin fund BTC was in the green with $50 million inflows.Federal Reserve chair Jerome Powell confirmed signs that the public agency is set to loosen monetary policy at the Jackson Hole symposium on Friday, with bitcoin rallying above $64,000 afterward."The time has come for policy to adjust," Powell said in his speech. "The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks."Crypto traders widely expect the Fed to deliver its first rate cut at its next policy meeting scheduled for September 17.Tighter monetary policies typically dampen risk appetite in financial markets, while lower rates increase the allure.
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SHIBAđŸ”„đŸ”„đŸ”„ Network Growth Hints Shiba Inu Price Increase The Shiba Inu network, is currently the main contributor and influencer of the SHIB price action. The developers have been working hard to make new products to trap investors and potentially catch more. The latest in the Shibarium development is the plan to launch a Shiba Inu decentralized autonomous organization (DAO). The SHIB DAO, announced by the Shiba Inu marketing lead, Lucie, on August 24, aims to further empower its community by democratizing governance processes. Shibarium network account growth hit a new all-time high of 118,470 on August 25, signaling that more users are joining the network. Data from Santiment shows that SHIB daily active addresses and volume have risen gradually since August 14. This suggests increased network usage, which aligns with the Shiba Inu price, which has increased by 8% in the same duration. Futures traders are betting on the price of SHIB to rise,data shows there were more cumulative Long Liquidation Leverages This imbalance suggests that traders are anticipating the SHIB price to rise. A deeper analysis of the SHIB open interest (OI) and price changes, shows that traders are closing their long positions, possibly because they anticipate further retrace in the short term. What is Happening on the SHIB Front? The divergence between network growth and futures traders’ sentiment has placed Shiba Inu in a challenging position. Although bullish sentiment is stronger, the volatile nature of the crypto market means things could change quickly. SHIB price has retraced 8% since Saturday but is nearing a strong support zone where, given the positive network growth, it could bounce back and rise higher. The $0.00001451 level offers robust support, having previously held the price down for over 20 days. Can Shiba Inu Price Reach $0.00001750? Shiba Inu price prediction is in a short-term bullish phase inside a broader bearish trend. However, if bulls prevail, this short-term rally can turn into a complete trend reversal. if the Bears win,SHIB may drop Follow Us
🚀 This Week's AI Coin Surge: $FET, $TAO, $RENDER Lead the Charge! đŸ€–đŸ’„ Since hitting August lows, AI-focused cryptocurrencies like $FET, $TAO, and $RENDER have soared an impressive 80%–120%! 📈 Meanwhile, many other Layer-1 projects have seen more modest gains of 20%–30%. Why the outperformance? One major catalyst is the upcoming #NVIDIA quarterly earnings report. If earnings exceed expectations, it could ignite even further gains for AI coins. For investors, it's crucial to keep these coins on your radar. Quick rebounds from market dips indicate resilience and potential for growth. Are you watching these AI coins? Let's discuss! 🚀💬