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Shiba Inu $SHIB has been trading within a tight consolidation range in recent weeks, reflecting the broader market's cautious sentiment. However, key indicators suggest that the second-largest meme coin could be gearing up for a bullish breakout. One significant factor is the rising SHIB burn rate, which is steadily reducing the token's circulating supply. Additionally, the number of SHIB tokens held on exchanges has seen a sharp decline, signaling that profit-taking may have subsided as investors adopt a long-term holding strategy. From a technical perspective, SHIB has maintained its position above the 200-day moving average (MA) and a rising trendline since September 2024, indicating solid support levels. Although the price is currently struggling to break through the $0.000025 to $0.000030 resistance zone, these technical patterns point to bullish momentum. If Shiba Inu can overcome this resistance, it may retest its December highs of $0.000033. A breakout above this level could pave the way for further gains, strengthening the narrative of SHIB’s resurgence in 2025. #BinanceAlphaAlert #CryptoManMab
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The Top Crypto Thefts of 2024
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Solana $SOL Enhances Blockchain Security and User Experience Winternitz Vault: Solana introduces the Winternitz Vault, incorporating advanced quantum-resistant cryptography to fortify blockchain security against future technological threats. Future-Proof Security: The quantum-resistant framework ensures the network remains resilient to emerging risks posed by advancements in quantum computing. Phantom Wallet Updates: Enhancements to the Phantom wallet streamline token discovery and improve the overall user experience, making interactions with the Solana ecosystem more intuitive and efficient. #CryptoManMab
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$SOL Poised for Recovery and Expansion Target to $750 Solana has showcased remarkable resilience and growth, cementing its position as a major player in the cryptocurrency market. In 2024, SOL achieved an impressive 90.77% year-to-date growth, with its Total Value Locked (TVL) climbing to a peak of $23.08 billion. Market experts remain highly optimistic about Solana's prospects, with projections that SOL could hit $750 by 2025, fueled by strong funding inflows and continuous technological advancements. The platform has also experienced significant growth in activity on its decentralized exchanges (DEXs), recording an astounding $129.7 billion in trading volume in November 2024—an 83.7% increase compared to Ethereum's performance. This upward momentum is further bolstered by increasing institutional interest and the anticipated launch of a spot SOL Exchange-Traded Fund (ETF), which could bring substantial capital inflows to the ecosystem. As Solana continues to expand its infrastructure and diversify its ecosystem, it is strategically positioned for sustained growth, innovation, and widespread adoption in the coming years. #CryptoReboundStrategy #CryptoManMab
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Top Expert Predicts $XRP Rally to $11 XRP's recent robust rally has caught the attention of market experts, who remain optimistic about its future trajectory. Crypto market analyst Ali Martinez recently shared a detailed price chart outlining key levels for Ripple’s native token, XRP, and highlighted critical resistance points that need to be breached to sustain its bullish momentum. Martinez noted that XRP is currently consolidating within a bullish pennant pattern, which indicates potential for upward movement. However, he cautioned that failure to break through the $2.73 resistance level could result in a temporary decline to $2.05. Despite this short-term warning, Martinez remains bullish on XRP's longer-term potential, predicting a rally to $11 once the current consolidation phase and pullback are complete. This forecast underscores the potential for significant gains in the months ahead. #CryptoManMab
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