The year 2022 – “I will invest now and forget my investments until 2030,” said the average Joe, but ended up checking his crypto portfolio 30 times a day. The 2030 dream didn’t last for 20 or 30 weeks before he sold his holdings in disappointment. The ”I will hold the long term” is just an excuse for “I wish I can be a millionaire this year”.At first glance, the cryptocurrency market seems to be all about glam. News about truck drivers making millions with a $1000 investment provides comfort that anyone can pull off a similar feat. Also, news about the average Joe ‘making generational wealth’ through cryptos, is what could have made you enter the market.Once you’re in the market, reality hits different. It makes you feel you’re just one among the other millions of people out there with the same pipe-dream.The thoughts about ‘why am I not making it, while the others are’ quickly creep in. This one thought is enough to bring you down mentally, and cause financial anxiety as the months’ pass.If you’re a cryptocurrency investor, there’s no way you can escape the- ‘charts, numbers, green, red, dips, bull run, bears’, among others.Accept it, being a crypto investor is stressful and can make you feel like a 50-year-old despite you being 25.The number game can drag you down and mentally block your ability to think about anything else. Happiness now solely gets tied to one single-goal post that is to make money in cryptos. The other things that made you feel happy in life previously take a beating.Crypto stress is sometimes too much to bear as it’s not satisfying your financial aspirations. Here are 3 tips on how to remain calm as a crypto investor and cut through the anxiety.1. Avoid telling your Friends you’ve Invested in CryptoIf you tell you’re friends you’ve invested in cryptos, the topic about it would pop up every time you meet them. This creates further pressure as you now have to explain how the coin is performing. It scratches the surface of your ‘dream to be rich’ and makes you feel annoyed when you get back home.Now think about it, the topic might again repeat next week when you meet them. The process becomes frustrating as you can’t explain that your investments have not reached ‘the moon’ yet.Your investments are yours alone and avoid telling it to the world. This will keep you at peace and you no longer have to explain anything to anyone about your finances.2. Find Something That Makes you HappyRemember how happy you felt when you brought that new shoes of yours or any other thing that matters to you? Unfortunately, that happiness is now solely tied to cryptos only. Untie it, find something that can make you happy and distract you from the market happenings. Search for things that make you happy in different ways and dive towards them.Keep investments as ‘just another part of your happiness’ and not fully centered towards it. This will indeed ease your burden and make you feel mentally free, which is the need of the hour.3. Avoid Checking the ChartsCharts are the first thing you see in the morning, afternoon, evening, and night. We understand it’s extremely hard to resist seeing the charts, (as we do it 13 times a day or more). It adds up to the already pent-up burden on your shoulders.Avoiding the charts can reduce more than half of the stress that plaguing you. It’s the secret recipe to find peace in a world dominated by numbers. If you can get away from the charts and check its price every day, my man, you’ve truly made it in the crypto world.#InvestingAdventure #dyor

Levi Rietveld, a respected financial expert, has developed a strategic retirement plan centered on XRP investment. His approach balances the potential gains with some risk mitigation strategies. These can be used fo long-term financial security.
Crafting A Secure Future: Implementing The Expert’s XRP Strategy

XRP’s Price History and Future Outlook
Rietveld points to XRP’s impressive price history. In 2014, XRP traded at $0.0032. A $100 investment then would have bought 31,250 XRP tokens. By late 2017, when Ripple’s coin reached $1, that investment grew to $31,250 – a 312-fold increase.

Looking ahead, Telegaon experts had this to say:
“The average price of XRP coin can be around $12.34 in 2030 if current growth continues. XRP Coin may create a new ATH level in 2030 if more investors are attracted to the project. If Ripple gains more market adoption, the maximum price of XRP can go up to $14.03 in 2030.”

CoinCodex offers a more conservative outlook:
“In the long term, XRP could reach a price of $ 1.241235 in March of 2030. That’s a rather optimistic scenario, as XRP could trade as low as $ 0.440597 in May. Overall, XRP’s price is projected to hover at around $ 0.694889 during the year, about 26.67% above the current price of $ 0.548592.”
Rietveld himself projects up to a 20x increase by 2025, potentially going over $10 per token. However, he stresses this is a forecast, not a certainty.
A Pragmatic Wealth-Building Strategy
Rietveld advises against expecting small investments to yield massive returns. Instead, he recommends a disciplined approach with larger investments.
He suggests a $50,000 total investment in XRP, which could potentially grow to $1 million if Ripple’s coin reaches the predicted 20-fold increase. Recognizing this sum might be too large for some, Rietveld proposes breaking it down:
A monthly investment of $4,166 over the time span of 12 monthsOr a daily investment of around $138.88
This strategy spreads out contributions, potentially reducing market fluctuation risks.
Timing and Market Conditions
Rietveld sees the current price for Ripple’s coin of about $0.55 as a favorable entry point for new investors. This price has held for over a year, presenting an opportunity before the next potential market upswing.
Who Should Consider This Strategy?
This XRP retirement strategy suits individuals with:
A stable, regular, and predictive incomeAbility to make consistent investments year-roundPatience is a virtue for a reason, and is needed for long-term wealth-buildingUnderstanding crypto investment risks and market ups and downs
Rietveld has also stated that while XRP’s historical performance is encouraging, future gains aren’t ever guaranteed. Building wealth through XRP demands patience, persistence, and careful risk management. We’ll keep you posted!
#MemeCoinTrending #XRPGoal

The US Presidential election is just a little over two weeks away. The election result will most likely impact the cryptocurrency and stock markets. Many analysts anticipate the cryptocurrency market will rally if Donald Trump wins, given his pro-business and pro-cry[tp stance. Let’s discuss how high Shiba Inu (SHIB) may go if Trump takes charge of the Oval Office.
Potential Impact Of Trump’s Victory On SHIB’s Price

SHIB’s Recent Performance And Resistance Levels
SHIB has displayed robust growth over the last few weeks. The asset is up by 2.5% in the daily charts, 11.4% in the weekly charts, 13.8% in the 14-day charts, 40.5% over the previous month, and 171.5% since October 2023. Despite the healthy rally, SHIB struggles to break past the $0.00002 resistance level.

How High Will Shiba Inu Go If Donald Trump Wins The Election?
CoinCodex analysts anticipate Bitcoin (BTC) to surge to an all-time high of $86,715 on Nov. 5, 2024, the day of the US elections, but expect SHIB to trade at $0.00001741. Reaching $0.00001741 from current price levels will translate to a dip of about 7.2%.

Standard Chartered’s Prediction And SHIB’s Potential Growth
Standard Chartered recently released a report claiming that if Donald Trump wins the US Presidential elections, Bitcoin (BTC) could surge to $125,000. If Bitcoin (BTC) hits $125,000, it will translate to a rally of about 84.49% from current price levels.
Let us assume that SHIB will also grow at the same rate as BTC if Donald Trump wins the upcoming elections. In such a scenario, SHIB’s price will hit $0.00003461, a new yearly high. There is a possibility that the dog-themed cryptocurrency will go higher than anticipated, given favorable market conditions. SHIB’s price could also face a correction if investors do feel confident about the American leadership.
#shiba⚡ #MemeCoinTrending

$DOGE has seen a significant price increase within 24 hours, possibly due to Elon Musk's recent interaction at a public event.
DOGE Continues to Grow
Dogecoin (DOGE) was the top-performing cryptocurrency in the top 20 on October 18, rising 9% to surpass the $0.13 mark. This is the first time the coin has reached such a high since late July.
The price increase can be attributed to recent comments by Elon Musk during a speech in Pennsylvania. When asked if he would lead a potential new department (called the Bureau of Government Efficiency) in the Donald Trump administration, the Tesla CEO simply replied, “Yeah, DOGE,” to applause from the audience.

This is not the first time the top meme coin has surged following an interaction from one of the richest people on the planet. In March of this year, Musk said Tesla might accept DOGE payments “in the future.” This sent the token’s price up by double digits.
Two months later, the electric car company officially integrated DOGE as a payment method on its website, sparking a massive (albeit short-lived) rally for the asset.
Musk has been vocal in his support for Dogecoin in recent years, praising its virtues on multiple occasions. At one point, he even called himself “DOGEFATHER.”
Is DOGE Ready for Another Bull Run?
The meme coin’s recent rally has caught the attention of many analysts. One X user named Dylan suggested that after DOGE’s surge, other altcoins could follow suit.

Earlier this week, Ali Martinez joined the discussion, making a somewhat controversial prediction. He presented a chart showing that DOGE could surge to a record high of $10 in the next few months.
However, it should be noted that DOGE’s market cap would need to increase to around $1.4 trillion to achieve this. Currently, only Bitcoin (BTC) comes close to that level, while the total market capitalization of the entire cryptocurrency market is hovering around $2.44 trillion (according to CoinGecko data).
Despite the overwhelming optimism, one indicator suggests that DOGE could soon be headed lower. That is the Relative Strength Index (RSI), which is currently above the crucial 70 level. Typically, such metrics indicate that DOGE is overbought and could see a correction in the near term.
#MemeCoinTrending #doge⚡

As the REEF token price plunged 71% within hours, a crypto trader lost $2.53 million.
A trader who owns three crypto wallets, with addresses 0x76e, 0xc49, and 0xfcc, has lost a total of $2.53 million after dumping 866 million REEF tokens in a panic. Popular analytics platform Spotonchain reported the incident on social media X, revealing that the sudden price drop cost a crypto investor millions of dollars.
According to Spotonchain, the three crypto wallets all belong to the same person, as one of the wallets transferred 0.1 ETH to the other two. The massive loss began when the trader withdrew 955.549 million REEF tokens, worth $5.06 million, from the Gate.io exchange between September 23 and October 12, 2024. The investor purchased the token at an average price of $0.005 but was forced to sell it at $0.002 after the token’s value dropped by more than 71.8% in just 27 hours.

However, the trader only sold 866 million tokens (worth $2.07 million) on three major cryptocurrency exchanges, HTX, KuCoin, and Gate.io, resulting in a loss of $2.53 million. Notably, he still holds 89.45 million tokens (worth $204k), leaving him with an additional unrealized loss of $270k.
With this crypto trading experience, the trader lost a total of $2.8 million, including the unrealized loss.
How is REEF Token Performing?

REEF is one of the more popular altcoins, currently ranked 570th in terms of market capitalization, reaching $48.9 million, after a 6% drop in the last 24 hours. Furthermore, following this price drop, the 24-hour trading volume has dropped by 65% ​​to $128.18 million. With the sharp decline in both metrics, it is clear that REEF is still struggling on the charts, currently valued at $0.00214, down 8% on the day and 65% on the week.
As a result, the 89.45 million tokens that traders still hold are now worth just $191k. However, REEF facing major losses is not new, as it has struggled to recover since its sharp drop shortly after its launch. In mid-March 2021, REEF reached an all-time high of $0.05841, but then fell to $0.01254 in July. Not stopping there, despite attempting to reach a new peak later that year, the token continued to collapse. Since then, the downtrend has continued, with only minor recoveries in short periods of time.
#MemeCoinTrending #BTCSoarsTo68K

Bitcoin wallets linked to Elon Musk’s electric car company have been emptied, on-chain data shows.
Elon Musk’s Tesla, one of the largest holders of bitcoin (BTC), has moved nearly all of its $760 million worth of the cryptocurrency to unknown wallets, raising suspicions that the automaker may be selling.
Wallets linked to the electric carmaker moved more than 11,500 bitcoins to wallets with unknown owners on Tuesday, according to cryptocurrency data firm Arkham Intelligence. Tesla’s wallets now hold just $6.65 worth of BTC — almost nothing.

Data from BitcoinTreasuries shows Tesla is the fourth-largest US company in terms of bitcoin holdings. Only software company MicroStrategy and bitcoin mining firms MARA Holdings and Riot Platforms have larger reserves.
Tesla bought $1.5 billion worth of bitcoin in February 2021, and at one point, it held as much as $2.5 billion, according to Arkham data. However, Tesla sold 75% of its holdings at a loss in early 2022. When Arkham Intelligence added tracking of Tesla’s bitcoin wallet to its dashboard in March, the company held about 11,509 bitcoins, worth about $770 million.
Musk had previously said when Tesla first bought the bitcoin that the company would soon accept bitcoin as payment. However, that plan was quickly abandoned due to environmental concerns.
While several of Musk’s companies — including Tesla and SpaceX — include bitcoin in their financial statements, it’s unclear whether the X (formerly Twitter) boss is a true believer in the cryptocurrency. In a YouTube interview in July, Musk said that he thinks “bitcoin and some other cryptocurrencies have some value,” but he has a particular fondness for dogecoin (DOGE)
#TeslaTransferBTC #BTCSurges67K

As Bitcoin [BTC] approaches its market peak, many altcoins are showing signs of breaking out, largely due to the interest of investors looking to diversify their portfolios and reduce risk.
The crypto market is abuzz with expectations of an upcoming altcoin season, with many digital currencies able to capitalize on the current rally and in many cases, even outperform BTC.
Altcoin season may have to wait a while
In theory, an altcoin season begins when 37 of the top 50 altcoins surpass Bitcoin in terms of 90-day average growth.
Currently, the chart shows that 17 of the top 50 altcoins have surpassed Bitcoin, with SUI leading the way with an impressive 155% gain. Typically, altcoins move in tandem with Bitcoin, peaking when market sentiment towards BTC is bullish.

This is happening as investor confidence in Bitcoin spills over into the altcoin market, encouraging traders to seek higher returns from these alternative assets. History shows that Bitcoin halving years are often important starting points for a re-accumulation phase, which is often followed by a significant rally.
However, a steady accumulation process has yet to take shape, which will be crucial in determining the outlook for an altcoin season. Therefore, unless BTC retests its previous all-time high (ATH), altcoins may only see short-term gains.
Bitcoin plays a pivotal role
Contrary to popular belief, Bitcoin may be preparing for a price correction, which could potentially take it below $64K unless that level becomes support.
This correction would be the fourth pullback since BTC approached the $66K ceiling. Only when this threshold is crossed will the possibility of reaching an all-time high become clear.

As mentioned earlier, the criteria for an altcoin season depends heavily on Bitcoin’s initial move. When Bitcoin starts to accelerate, altcoins often follow this trend.
However, in the middle of the cycle, many altcoins often have higher daily growth than BTC. This could mark the beginning of an altcoin season, especially if many altcoins show good resistance to the expected BTC correction.
Therefore, it is important to keep a close eye on altcoins during this potential downturn. If the majority of altcoins maintain significant upward momentum, the possibility of entering an altcoin season at the end of the next cycle increases.
#BTCSurges67K #BNSOL

1. Bondex says game ‘infuses recruitment with fun’
2. Telegram games soar in popularity
Share link:https://t.me/BunnyBlitz_bot?start=r_2076399257
In this post:
Bondex launched a tap-to-earn game on Telegram called ‘Bunny Blitz’. It comes as the race for market share in integrating social networks with gaming continues to grow.Players will share the equivalent of $1 million in BDXN token in rewards.
Bondex, a web 3.0 equivalent of LinkedIn, launched a new so-called tap-to-earn game on Telegram called ‘Bunny Blitz’, the company announced on Wednesday. It comes as the race for market share in integrating social networks such as Telegram with gaming continues to grow.
According to Bondex’ CEO, Ignacio Palomera, the game is backed by the equivalent of $1 million in BDXN, the native token of the Bondex network, which will be paid to players as a reward for completing daily tasks. The campaign comes after the company raised $10 million in funding recently.
Bondex says game ‘infuses recruitment with fun’
Bondex self-describes as a networking platform for companies, recruiters and professionals – a web3 rival to LinkedIn. Users get paid for successful job referrals and other activities. The Bondex app has been downloaded 4 million times since 2021, with 500,000 people using the app daily, it says.
Palomera said the company’s gaming approach infuses the seriousness of recruitment with the fun side of life through gaming. He also revealed that Bondex received a grant from The Open Network (TON) ecosystem for the development of a recruitment-focused app, but did not provide details.
“…we’ve seen a significant uptick in the market for Telegram-based games, and we’ve partnered with some of the most accomplished TAP game developers to make Bunny Blitz come to life,” Palomera said in a statement shared with Cryptopolitan.
“This new vertical adds a fun and fresh vertical to the Bondex Ecosystem that will help onboard users into the Web 3 talent network through gaming, rewards and education,” he added.
The company did not provide specific details on how to play the Bunny Blitz game, save to say “It’s free for Telegram users and available on both mobile devices and desktop.” Cryptopolitan prompted the game’s bot, which can be accessed via https://t.me/BunnyBlitz_bot?start=r_2076399257 but it would not start.
Telegram-based tap-to-earn games typically pay people for tapping their smartphone screens. The model was made popular by Notcoin, which has seen $1.2 billion in volume since its launch in May. Bondex said its $1 million rewards program will end on Sept. 28, the International Bunny Day.

Telegram games soar in popularity
Bunny Bitz joins a growing list of projects and games launching on TON, a blockchain that allows individuals and companies to experiment with their web3 ideas through Telegram.
One such game is Hamster Kombat. The game has become so popular even Governments are getting worried. In Iran, top military officers started questioning whether the game, which purportedly boasts 239 million users, was not being used as a soft-power tool against the state.
Another wildly popular game is Tapswap, a blockchain-based game on TON, which has more than 56 million users. However, as Telegram games gain prominence, critics are raising security concerns.
You can be part of the talent platform through the telegram link: https://t.me/BunnyBlitz_bot?start=r_2076399257
#MemeCoinTrending #BondedMining

Bitcoin’s price and the crypto market in general has caught the attention of popular culture. We even have some popular TV shows like The Simpsons that have made predictions. This trend has led to talks about crypto adoption and possible security risks, so let’s see what it is all about.
Scroll down to explore the topic further! Did The Simpson’s creator see in the future? Ther’s only one correct answer.
The Simpsons’ BTC Price and XRP Crypto Crystal Ball
The Simpsons has showcased various aspects of cryptocurrency, including blockchain technology. Their uncanny predictions, like Donald Trump’s presidency, have drawn attention to their takes on Bitcoin and other digital currencies.

The Simpsons also has made several interesting crypto-related predictions. A 1997 episode showed a “Crypto Barn,” hinting at the future of digital currencies.
More recent episodes have focused on Bitcoin predictions and the price of XRP.
Bitcoin Price to Infinity and Beyond?
One scene shows Bitcoin in an infinite loop, symbolizing its enduring potential. This visual metaphor captures both the excitement and uncertainty surrounding Bitcoin price movements, which have recently seen a breakout around $62,000-$63,000.
Professor Frink’s Crypto Ventures

In one episode, Professor Frink mentions developing his own cryptocurrency. His confusion about it reflects common sentiments about crypto today and the unpredictable bitcoin prices. The show also explains cryptocurrency through a distributed ledger, accurately describing blockchain technology.
Crypto Wealth and Market Volatility
The Simpsons portrays Professor Frink becoming extremely wealthy from his crypto ventures. This story starts up discussions about some possible financial gains in the cryptocurrency market. Bitcoin’s price can have significant peaks as we all know. Another interesting clip shows Bitcoin soaring to infinity while GameStop (GME) experiences wild fluctuations. GameStop aside, the Bitcoin prediction might be possible.
The XRP Controversy

Viral content claimed The Simpsons predicted XRP would hit $589. However, these images were debunked as photoshopped, never actually airing on the show. This incident underscores the prevalence of misinformation in the crypto space.
Crypto Consequences
The show hints at potential legal issues in the crypto world. A character in a jail cell suggests possible consequences of extreme market volatility, mirroring real-life legal troubles faced by some founders who were drawn by the bitcoin price surge and hedge fund managers.
Separating Fact from Fiction – Bitcoin Price

As crypto becomes more common, it’s important to tell the difference between TV jokes and real market trends. Investors should use trusted sources when making choices about movements in bitcoin price or other cryptocurrencies.
The Simpsons suggests Bitcoin will be the future of finance, with other cryptocurrencies playing significant roles. This aligns with real-world discussions about digital currencies’ growing importance in our financial systems.
The Future of Crypto Adoption
While The Simpsons’ crypto predictions are entertaining, they also show the evergrowing awareness of the people involved. As adoption increases, addressing security risks and market volatility will be as important as air. With Bitcoin potentially headed over the $66,000 mark, the profit potential in this price appreciation is significant. Join us on our journey, and keep updated with the latest WatcherGuru news!
#BTCBreaks65K #BTCUptober

Mr. Donald Trump surprisingly pulls ahead of Ms. Harris in the race for the White House according to the prediction odds on Polymarket.
The race for the White House is heating up like never before! On the Polymarket prediction platform, former President Donald Trump has seen a sudden surge in support, now leading his opponent Kamala Harris by 13%. This is the largest gap since the Vice President replaced Joe Biden as the Democratic candidate at the end of July.

After a back-and-forth battle since early August, during which Harris seemed to gain an advantage thanks to the support of celebrities like Taylor Swift, Trump began regaining momentum in mid-September.
In October, Trump held a major rally in Butler, Pennsylvania—where he narrowly escaped an assassination attempt in July. At this event, he received strong backing from billionaire Elon Musk, who appeared live on stage, energizing the crowd with his presence.
On social media platform X, Elon Musk also stated that prediction rates on Polymarket are more reliable than statistics from U.S. media outlets, as people are betting real money.
The prediction market for the U.S. Presidential election on Polymarket has surpassed $1.6 billion, gaining $600 million in just the past three weeks. Notably, an investor with the pseudonym Fredi9999 recently purchased an additional 7 million shares predicting Trump’s victory, bringing their total investment to $7.8 million, and currently reaping a profit of nearly half a million dollars.
With these thrilling developments, the race for the U.S. Presidency promises even more surprises in the coming weeks. Stay tuned for the final outcome in November
#USRateCutExpected #USPPIAboveExpectations

Popular movie streaming service HBO premiered a highly anticipated Documentary yesterday that has set the global crypto space raging with speculations.
The HBO Documentary titled “Money Electric: The Bitcoin Mystery,” for many weeks promised to solve the biggest mystery in the crypto space which is the identity of Bitcoin Creator Satoshi Nakamoto.
The Documentary was highly anticipated among global crypto circles before its release with some analysts claiming the information revealed by the HBO documentary could change the industry as we know it.
The HBO documentary which aired yesterday ended up pointing at a certain Peter Todd as the mystery man behind the Satoshi Nakamoto Pseud0nym and the creator of the largest crypto asset by market capitalization.
This revelation has met several backlash and doubt from the crypto community who criticized the HBO reveal for lacking serious proof.
Peter Todd, the man in the heat of the moment has come out to deny that he is Satoshi Nakamoto giving more credence to the naysayers on the much-awaited HBO reveal.
Who Is Peter Todd?  
Peter Todd was born and raised in Canada and is a known Bitcoin core developer and cryptographer who gained recognition for his contributions to the Bitcoin ecosystem.
Peter was among the earliest developers who worked with Satoshi on the Bitcoin project. He was among the earliest contributors to the Bitcoin Codebase and had direct contact with Hal Finney and Adam Back, two prominent Bitcoin pioneers.
Since his role in the early days of Bitcoin, Peter has worked on other projects including Bitcoin Core Developer at Coinkite since 2014 and serving as Chief Scientist at Master Coin and Dark Wallet.
Why did HBO claim Peter Todd is Satoshi?  
The HBO documentary claimed Peter Todd was Satoshi Nakamoto based on their research and findings. According to the documentary HBO pointed to a mistaken reply in 2010 when Todd accidentally responded to a post that Satoshi Nakamoto had started on the Bitcoin talk forum using his own account. However, this observation was quickly seen as circumstantial, lacking the concrete proof needed to link Todd to Satoshi.
Other proof highlighted by the HBO documentary includes Peter Todd implementing the features discussed in his conversation with Satoshi and both characters using British Canadian spellings.
All these theories raised by HBO were all seen as circumstantial and lacking concrete proof linking Peter Todd to Satoshi Nakamoto.
Despite the HBO documentary and its reveal, the Mystery of who Satoshi Nakamoto still remains largely unsolved as a large chunk of the global crypto community did not buy the Peter Todd theory sold by HBO.
What to Know  
Satoshi Nakamoto is the anonymous founder of Bitcoin and the earliest pioneer of cryptocurrency as a concept. He launched the Bitcoin white paper and laid the groundwork for what became an important aspect of the fourth industrial revolution.Peter Todd has repeatedly denied that he is not Satoshi Nakamoto long before the movie was released.
#HBODocumentarySatoshiRevealed #PeterToddHBOSatoshi Nakamoto?

Shiba Inu (SHIB), one of the leading meme coins on the crypto market, has climbed a steep 10% in the last 24 hours, sparking bullish price predictions. Optimistic U.S. Labor market data pushed equities and crypto markets higher on Friday, leading to a bullish close to markets and various cryptocurrency assets. SHIB has outperformed its greatest meme-coin rival Dogecoin: 10% to 5% today and 30% to 11% over the past 30 days.
The Bulls have a tight hold on SHIB heading into this weekend. SHIB is seeing renewed burn transactions, with 4.5 million SHIB burned in the past 24 hours according to Shibburn data. There are questions about how SHIB will perform over the next few days with the markets closed. Breaching $0,0002 would be a huge achievement for the asset, and would follow several price prediction paths curated by analysts.
Crypto trader Javon Marks recently painted a picture of how he sees Shiba Inu performing shortly. In a post to X on Friday, Marks predicts Shiba Inu’s next move to be a massive 351% spike to his larger target of $0.000081, noting the token’s strength. This massively trumps the $0.0002 price projections, however, the former is a short-term target. Breaching that level could signal a rise to bigger gains as Marks believes. “Shiba Inu’s price is starting to return with strength here while continuing to hold broken out of a recently set falling wedge pattern,” the analyst suggests.
Shiba Inu To Begin It’s Bullish October This Weekend?
IntoTheBlock data shows large transaction volume decreasing by over 50% and daily active addresses rose by nearly 4%. While whale activity is down, trading volume is up, created a mixed bag of predictions for SHIB.
Furthermore, Marks isn’t the only bull who is in on Shiba Inu throughout October. According to Changelly, SHIB will likely have a bullish month in October. Shiba Inu will rise to a high of $0.0000352 later this month. This marks a 111.67% spike from its current price level. Hitting $0.00002 this weekend would be a huge step toward that spike.
A rise like this is much needed for the Shiba Inu community. With more developments in the SHIB network, such as an update on the SHI stablecoin the meme coin could see a bigger surge. The SHIB community tends to pump prices following positive updates. If the wider crypto market performs well in October as expected, that could also mean a further surge for Shiba Inu.
#shiba⚡ #Dyor2024