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🚀🚀🚀 Shiba Inu: Here’s How to Be a Millionaire When SHIB Hits $0.05 #SHIBFuture  🚀🚀🚀 While the idea of becoming a millionaire with Shiba Inu (SHIB) hitting $0.05 is certainly appealing, it's important to approach this topic with realistic expectations and a thorough understanding of the cryptocurrency market. Here's a breakdown of the scenario: - Current price of SHIB (as of October 26, 2023): $0.000012Target price of SHIB for becoming a millionaire: $0.05 - Required price increase: $0.049988 (approximately 416,566.67%) - Required number of SHIB tokens to become a millionaire: 20,000,000 (20 million) Challenges and considerations: - Massive price increase: Achieving a price of $0.05 would require an unprecedented price increase of over 416,500%, which is highly unlikely in the near future. - Market capitalization: If SHIB reached $0.05, its market capitalization would exceed $29 trillion, surpassing the GDP of many countries. This scenario is considered unrealistic. - Circulating supply: With a massive circulating supply of 589 trillion SHIB tokens, a significant portion of them would need to be burned to achieve significant price appreciation. - Overall market conditions: Cryptocurrency market trends and overall economic conditions can significantly impact the price of SHIB, making predictions challenging. Alternatives to consider: - Investing in a diversified portfolio: Diversifying your investments across various cryptocurrencies and asset classes can mitigate risk and increase your chances of success. - Investing in established projects with real-world applications: Projects with solid fundamentals and technological advancements are more likely to experience long-term growth. - Thorough research and analysis: Always conduct your own research and analyze the market before making any investment decisions. Conclusion: Approaching SHIB's $0.05 Millionaire Goal: Prioritize Realism and Responsible Investing in the Volatile Cryptocurrency Market. #CryptoNews🔒📰🚫 #CryptocurrencyEducation #BinanceSquare $SHIB #Shibaprice

🚀🚀🚀 Shiba Inu: Here’s How to Be a Millionaire When SHIB Hits $0.05 #SHIBFuture  🚀🚀🚀

While the idea of becoming a millionaire with Shiba Inu (SHIB) hitting $0.05 is certainly appealing, it's important to approach this topic with realistic expectations and a thorough understanding of the cryptocurrency market.

Here's a breakdown of the scenario:

- Current price of SHIB (as of October 26, 2023): $0.000012Target price of SHIB for becoming a millionaire: $0.05

- Required price increase: $0.049988 (approximately 416,566.67%)

- Required number of SHIB tokens to become a millionaire: 20,000,000 (20 million)

Challenges and considerations:

- Massive price increase: Achieving a price of $0.05 would require an unprecedented price increase of over 416,500%, which is highly unlikely in the near future.

- Market capitalization: If SHIB reached $0.05, its market capitalization would exceed $29 trillion, surpassing the GDP of many countries. This scenario is considered unrealistic.

- Circulating supply: With a massive circulating supply of 589 trillion SHIB tokens, a significant portion of them would need to be burned to achieve significant price appreciation.

- Overall market conditions: Cryptocurrency market trends and overall economic conditions can significantly impact the price of SHIB, making predictions challenging.

Alternatives to consider:

- Investing in a diversified portfolio: Diversifying your investments across various cryptocurrencies and asset classes can mitigate risk and increase your chances of success.

- Investing in established projects with real-world applications: Projects with solid fundamentals and technological advancements are more likely to experience long-term growth.

- Thorough research and analysis: Always conduct your own research and analyze the market before making any investment decisions.

Conclusion:

Approaching SHIB's $0.05 Millionaire Goal: Prioritize Realism and Responsible Investing in the Volatile Cryptocurrency Market.

#CryptoNews🔒📰🚫 #CryptocurrencyEducation #BinanceSquare $SHIB #Shibaprice

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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👉👉👉 #UniSwap price tanks 10% as team vows to fight SEC threat Following the disclosure of a notice of potential enforcement action from the SEC, Uniswap Labs founder Hayden Adams asserted the company's readiness to contest the matter. The native token of the #Decentralized exchange, Uniswap (UNI), experienced a sharp decline to a six-week low of $9.45 subsequent to Uniswap's announcement of receiving a Wells notice from the Securities and Exchange Commission (SEC), indicating impending enforcement action. Hayden Adams expressed a mix of emotions, stating, "I'm not surprised. Just annoyed, disappointed, and ready to fight," in an X post on April 10. He acknowledged the likelihood of a protracted legal battle that could extend to the Supreme Court. While Uniswap did not divulge the exact details of the Wells notice, it maintained in a blog post that UNI did not constitute a security and did not meet the criteria of a securities exchange or broker under U.S. law. An SEC spokesperson refrained from confirming or denying the existence of an investigation. Bill Hughes, senior counsel and regulatory matters director at ConsenSys, clarified on X that SEC staff must obtain approval from the agency's five commissioners, including Chair #GaryGensler , before proceeding with the lawsuit. He suggested that while the lawsuit may be inevitable, it had not yet been officially filed. Former SEC internet enforcement chief John Reed Stark cautioned against responding to a Wells notice with aggressive tactics, as it could be perceived as a weak and risky strategy. Stark criticized Uniswap for its alleged provocative PR campaign and warned of potential consequences. He predicted that the SEC enforcement staff would pursue litigation vigorously, despite Uniswap's assertions, ultimately prevailing on key legal issues. Source - cointelegraph.com #CryptoNews🔒📰🚫 #BinanceSquareTalks
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👉👉👉 The Hidden War in #Solana⁩ : #DDoS Attacks Between Competitors Within the Solana ($SOL ) network, a clandestine conflict rages among key players, each vying to undermine their rivals. Analyst Duo Nine sheds light on this covert war & the tactics employed by its participants. Major Players in Solana's Conflict - Duo Nine asserts that within the prominent crypto projects on Solana, a hidden conflict brews unbeknownst even to average participants in the crypto community, who may find themselves unable to execute transactions due to the ongoing strife. The analyst suggests that major players are resorting to launching Distributed Denial-of-Service (DDoS) attacks against each other to gain priority in adding transactions to the cryptocurrency's blockchain. Consequently, users of projects targeted by rivals face transactional obstacles as the attacking side monopolizes block space. Such delays in transaction processing can lead to network disruptions & tarnish the reputation of targeted projects, potentially driving users to seek alternatives. Consequently, the warring factions invest substantial sums in these attacks to gain an upper hand. Duo Nine further highlights that over 100 bot wallets may be deployed to target Solana #wallets with spam attacks. By bombarding victims with transactions containing minimal SOL, the attackers effectively render the victim's wallet unusable by flooding block space. Even creating new wallets offers no respite, as fresh addresses remain susceptible to spam attacks. "This war is crippling Solana," notes Duo Nine, expressing dissatisfaction among ecosystem users & developers. Despite these challenges, no viable solution has emerged to address the escalating conflict. In spring 2024, Solana's network faced security concerns due to fraudulent token presales, raising doubts about its reliability. Despite predictions of its downfall as early as 2022 & setbacks like the collapse of #FTX , one of its primary investors, Solana continued to persevere & demonstrate resilience. Source - beincrypto.com #CryptoNews🔒📰🚫
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👉👉👉 ‘Unsustainable’ deficit, inflation means more demand for #Bitcoin : #grayscale Grayscale suggests that while recent inflation data might pose a short-term challenge for crypto, sustained inflation could create a favorable environment for assets like Bitcoin, which serve as a store of value. According to Zach Pandl, Grayscale's managing director of research, the United States' persistent overspending and high interest rates will drive demand for such assets. Pandl points out that with the current high inflation, it's unlikely that the Federal Reserve will lower interest rates soon. However, upcoming events like the Bitcoin halving on April 20, along with increasing economic growth and greater adoption of #cryptocurrencies , are expected to support Bitcoin's price. March's inflation rose by 0.4% month-on-month and 3.5% year-over-year, slightly exceeding economists' estimates. This development disappointed many, echoing Pandl's concerns about the Fed's ability to lower interest rates in the near term due to sustained high inflation rates. However, Pandl also notes that while an increase in the real interest rate might be a short-term setback for crypto, there will still be ongoing demand for store-of-value assets in the long run. From a macro perspective, the 10-year real interest rate experienced a notable increase, which could prompt investors to turn to less volatile assets like bonds and term deposits. Historically, significant spikes in the 10-year real interest rate have coincided with declines in Bitcoin's price. For example, from December 2017 to January 2018, the rate surged by 52.35%, leading to a 28% decline in Bitcoin's price during the same period. In summary, while short-term challenges may arise due to inflation and interest rate dynamics, the long-term outlook for assets like Bitcoin remains positive, driven by factors such as adoption trends and macroeconomic conditions. Source - cointelegraph.com #CryptoNews🔒📰🚫 #BinanceSquareBTC $BTC
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🔥🔥🔥 Top Analyst Says ‘Max Pain’ Scenario Coming for Bitcoin ($BTC ), Predicts Parabolic Rally for Gold A prominent analyst, renowned for his accurate crypto predictions, issues a cautionary note regarding Bitcoin's current trajectory. Known as Bluntz, the trader shares insights with his 254,100 followers on the social media platform X, indicating that Bitcoin might be undergoing an ABC corrective move on the daily chart. Employing the Elliott Wave theory, Bluntz suggests that Bitcoin, following a five-wave uptrend, typically consolidates within an ABC corrective wave pattern. Bluntz elaborates, stating: - "The maximum pain scenario for BTC could involve surpassing previous highs, enticing #FOMO (fear of missing out) buyers to enter the market under the illusion of a triangle breakout, only to abruptly reverse back into the lower end of the range before initiating a genuine upward surge." According to Bluntz's analysis, BTC could potentially surge to $76,000 before retracing to $64,000, ultimately rallying to a new all-time high of $82,000. As of writing, Bitcoin is valued at $69,296, reflecting a nearly 4% decline over the past 24 hours. Turning to gold, Bluntz suggests that the precious metal is poised for a five-wave rally, potentially propelling prices above $3,600. "Gold appears primed for a parabolic ascent after a decade of marginally outperforming inflation." At present, #gold is priced at $2,352. - Additionally, Bluntz is closely monitoring the #Solana⁩ versus Bitcoin (SOL/BTC) pair. He believes SOL/BTC may have established a local bottom around 0.00246 BTC ($170) following the completion of an ABC corrective wave. At the time of writing, SOL/BTC is trading at 0.00249 BTC ($172). Source - dailyhodl.com #CryptoNews🔒📰🚫 #BinanceSquareBTC
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🔥🔥🔥 Is the #sambankman -Fried #Story Over? Former crypto luminary Sam Bankman-Fried's recent 25-year prison sentence following a sentencing hearing attended by CoinDesk journalists has garnered significant attention. Despite defense objections, Judge Lewis Kaplan settled on a baseline sentence of 110 years, setting a tense atmosphere for the hearing. Insights from various parties, including creditors and attorneys, provided a multifaceted perspective. Concerns about creditor impact and criticisms of the bankruptcy team were voiced. Defense counsel portrayed Bankman-Fried as complex, while the prosecution emphasized greed as his motivation. Bankman-Fried's address to the court expressed regret but shifted blame to others involved in FTX's bankruptcy proceedings. Judge Kaplan's concluding remarks were scathing, citing alleged perjury and evasiveness. Personal reflections on the sentencing recognize the complexity and stakes of the case, acknowledging its impact on #FTX stakeholders. Bankman-Fried's legal team plans to appeal, leaving the outcome uncertain. In conclusion, Bankman-Fried's case remains a focal point in the crypto community and beyond, with ongoing ramifications yet to unfold amidst the legal proceedings. Source - CryptoNews #BinanceSquareTalks #cryptocurrency
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