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Meme coins are proving to be a safe haven when the volatility halts the price range of the market. There have been some very significant profit margins in the Meme Coins, recently.
The price range is the biggest concern for $SHIB in recent months. This may lead to traders’ mistrust & decline of interest in trading it which will further lead to decline in volume & then maybe, it will open up doors for delisting. The scenario is quite possible. This coin has lead down a lot of investors.
Only whales’ activities move the prices of $SHIB upwards. The recent pump up may have been to the whales’ activity.
A short pump can be expected in $BTC traders may take a position & anticipate a short upside ahead.
Anticipate Further Liquidity & Volatility in the Cryptocurrencies
On May 29, BlackRock Inc. filed its amended S-1 for Ether ETFs to expand its digital assets journey in the US market with spot ETH ETFs.
This will lead to trading of ETH ETFs on the exchange which will lead to a major volatility in the crypto markets. With more capital flowing into the crypto markets, it may take the total market capital above $3 T by year end (if things go swift).
The recent volume at the time of writing this article stays at $80.53 B & the dominance of #bitcoin stays at ~53% w
This will lead to trading of ETH ETFs on the exchange which will lead to a major volatility in the crypto markets. With more capital flowing into the crypto markets, it may take the total market capital above $3 T by year end (if things go swift).
The recent volume at the time of writing this article stays at $80.53 B & the dominance of #bitcoin stays at ~53% w
A good time to accumulate $PEPE the recent decline in value has made the investors an appealing bargain to take a position.
$PEPE to see a resistance at 0.000014 levels. If it sustains that level, a bull rally can be expected.
$SOL has continued to impress investors. A profit booking may be in sight. A correction of about 5% is expected, the following month.