$SHIB Decoding Shiba Inu’s descending triangle – Is an 18% price drop coming next?

SHIB’s next price point may be under $0.00002However, if bullish momentum climbs, the memecoin may exchange hands above $0.00003
An assessment of Shiba Inu’s [SHIB] price movements on the 3-day chart has revealed the formation of a descending triangle. A descending triangle is formed when an asset’s price is bound between the support and resistance lines, forming a triangular shape on the chart.
An asset’s price can either break below support and continue its decline or break out of the triangle and initiate an uptrend.
What next for SHIB?
AMBCrypto’s readings of SHIB’s Fibonacci retracement revealed that if the bears put further downward pressure on its price and it breaks below support, the memecoin’s price might decline further by 18% to trade at a low of $0.000018.

This decline appears possible as the coin continues to register a fall in demand. According to Santiment’s data, SHIB’s daily active addresses observed on a 30-day moving average revealed a 56% decline in the daily count of addresses involved in SHIB’s transactions over the past month. 
Likewise, new demand for the memecoin has plunged. In fact, according to the on-chain data provider, the number of new addresses created to trade SHIB daily has dropped by 51% over the same period.

$BOME BOOK OF MEME (BOME) price has increased today.The price of BOOK OF MEME (BOME) is $0.01083 today with a 24-hour trading volume of $206,533,728.17. This represents a 12.33% price increase in the last 24 hours and a 13.40% price increase in the past 7 days. With a circulating supply of 69 Billion BOME, BOOK OF MEME is valued at a market cap of $752,242,933.

$1000SATS 1000SATS (Ordinals) (1000SATS) price has increased today.The price of 1000SATS (Ordinals) (1000SATS) is $0.0002846 today with a 24-hour trading volume of $53,227,072.27. This represents a 8.29% price increase in the last 24 hours and a -3.46% price decline in the past 7 days. If you’re looking for the market cap of 1000SATS (Ordinals), data is not available today as the circulating supply of 1000SATS tokens is not reported.

$FLOKI FLOKI (FLOKI) price has increased today.

The price of FLOKI (FLOKI) is $0.000171 today with a 24-hour trading volume of $179,945,809.66. This represents a 2.32% price increase in the last 24 hours and a -6.41% price decline in the past 7 days. With a circulating supply of 9.7 Trillion FLOKI, FLOKI is valued at a market cap of $1,660,220,695.

$ORDI ORDI (ORDI) price has increased today.The price of ORDI (ORDI) is $40.33 today with a 24-hour trading volume of $210,755,477.58. This represents a 14.84% price increase in the last 24 hours and a -4.74% price decline in the past 7 days. With a circulating supply of 21 Million ORDI, ORDI is valued at a market cap of $851,164,812

$PEPE Pepe (PEPE) price has increased today.The price of Pepe (PEPE) is $0.057922 today with a 24-hour trading volume of $1,121,631,904.79. This represents a 2.52% price increase in the last 24 hours and a 5.75% price increase in the past 7 days. With a circulating supply of 420 Trillion PEPE, Pepe is valued at a market cap of $3,332,399,556.

$PEPE Pepe price pumps 15%; Traders tip WienerAI memecoin to explode

Pepe (PEPE) is up nearly 15% over the past day after an expected rebound from its $0.0000062 support level. 
It’s trading at around $0.0000079 at the time of writing and continued its expected uptrend after breaking out of a bullish pattern on the daily chart.
As the market sentiment turns bullish, many traders looking for the next big meme coin are now turning to a brand-new token called WienerAI. It has already raised over $870K in its recently launched presale.

PEPE rallies 15% after breaking out of bullish pattern
PEPE is currently the third largest meme coin by market cap, trailing behind Dogecoina and Shiba Inu. 
The meme token’s growth has been massive, especially over the past 3 months. TradingView data showed that PEPE saw an over 792% gain since 5 February.
This rally helped the token reach its ATH on 14 March at nearly $0.0000108. Soon after, the coin saw a rather short-lived downtrend and found support at the $0.0000049 level.
PEPE found a strong rebound from this level and saw high investor enthusiasm after Coinbase announced that it listed PEPE’s perpetual contracts in April.

$DOGE DOGE Price Prediction for May 3

From the midterm point of view, one should focus on the weekly bar closure in terms of the level of $0.1225. If it happens near it, the accumulated energy might be enough for a further drop to $0.11. DOGE is trading at $0.1323 at press time

$SHIB Major US Exchange Announces Shiba Inu Trading Expansion With New SHIB Listing

Kraken Pro, a major U.S.-based exchange, has unveiled its latest development: the addition of new margin pairs, with a spotlight on Shiba Inu (SHIB), the renowned meme-inspired cryptocurrency.

SHIB will now be available for margin trading on Kraken Pro, paired against the U.S. dollar, with a maximum leverage set at three and a cap of 1.5 billion SHIB for long and short positions. Described as an Ethereum-based meme coin inspired by Dogecoin, SHIB emerged in 2020 under the pseudonymous developer Ryoshi.

Read more on U.Today https://u.today/major-us-exchange-announces-shiba-inu-trading-expansion-with-new-shib-listing

$BONK Bonk price sees a 70% jump
Recently, Bonk (BONK) has been riding a bullish wave. According to CoinMarketCap data, the price of BONK soared from $0.000015 to $0.000025 in the past seven days, nearly a 70% jump in that short period. During that time, the Bonk market cap surged from $982m to $1.67b. 
From a technical analysis perspective, this bullish trend for this meme coin may continue. For example, the Bonk coin is now trading above its 21- and 50-day EMAs. In addition, over 23 technical indicators are showing buy signals for this meme coin. Because of this, experts in the crypto field have made a bullish Bonk price prediction—hitting $0.000039 within Q2 of 2024. 

$BONK $SHIB Bonk, KangaMoon, and Shiba Inu surge as memecoins dominate the market

Bonk, KangaMoon, and Shiba Inu surge as meme coins capture the crypto market’s attention with remarkable value growth and promising futures.
Meme coins are becoming increasingly dominant in the meme coin market. Current patterns show that Bonk (BONK), KangaMoon (KANG), and Shiba Inu (SHIB) are increasing in value and igniting the interest of global traders. While BONK and SHIB are among the meme coin titans, KANG is a rookie now in Stage 5 of its presale that may become the next $1 crypto in 2024. 

$ETH Ethereum has burnt $12.7bn since the London hard fork. But that may be slowing down

It's been 1,000 days since Ethereum first started burning transaction fees.But the mechanism, which offsets new tokens issued on the network, is slowing down.More efficient transactions, an explosion of activity on layer 2 networks, and the recent Dencun upgrade have all helped reduce the amount of Ether the network burns.
With the implementation of an upgrade known as EIP-1559 as part of the London hard fork in August 2021, Ethereum became the first blockchain to start burning a portion of the fees users spend on transactions.
That was 1,000 days ago.
The move, the blockchain’s faithful hoped, would help counterbalance the issuance of new Ether tokens on the network, creating a more sustainable monetary policy.
And it worked. Over the following 1,000 days, Ethereum users have burnt some 4.3 million Ether, worth over $12.7 billion just by using the network.
When Etherum slashed Ether emissions by switching to a proof-of-stake consensus mechanism in September 2022, the network became deflationary — meaning more Ether was, on average, burned by the network than new Ether was issued.
But in recent months the rate at which Ethereum is burning tokens is slowing.
A combination of more efficient transactions, an explosion of activity on layer 2 networks, and the recent Dencun upgrade have all helped reduce transaction fees — and thus the amount of Ether the network burns.
The lower fees are great for users. But if Ethereum can’t attract enough activity to offset the drop, it could easily lose its deflationary status, potentially throwing its economic model into question.
Why is the burn slowing?
When Ethereum users transact on the network they must pay a fee denominated in Ether.
This fee is made up of two parts: a so-called base fee charged by the network, and a priority fee, paid to block builders as an incentive to get the transaction processed faster. Ethereum burns base fees, and gives priority fees to those processing transactions.

$SOL Solana Labs Partners with Google Cloud

Solana Labs collaborates with Google Cloud.GameShift platform integrates into Google Cloud's ecosystem.Aim to mainstream blockchain in gaming.

Today, developments continue to occur one after another. In recent hours, it was announced that Solana Labs has partnered with Google Cloud and that the blockchain game development platform GameShift has been included in Google Cloud’s ecosystem. This development aims to mainstream blockchain technology in games.

$DOGE Dogecoin (DOGE) Urgent Information Issued, What It Pertains To

Dogecoin (DOGE) holders have received urgent information as Dogechain, a popular Dogecoin explorer, announced the shutdown of its wallet service.

$BONK Bonk (BONK) price has increased today.The price of Bonk (BONK) is $0.00002484 today with a 24-hour trading volume of $481,198,840.81. This represents a 20.00% price increase in the last 24 hours and a -8.33% price decline in the past 7 days. With a circulating supply of 66 Trillion BONK, Bonk is valued at a market cap of $1,658,359,018.

$PEPE Pepe whales buying spree could trigger 55% rally

Pepe price shows signs of a potential comeback as it retest the a declining resistance level.A successful breakout could kick-start a 56% move to the upside as whales continue to accumulate on dips.A breakdown of the $0.00000581 support level will invalidate the bullish thesis for the meme coin.
Pepe’s (PEPE) recent price action suggests that its consolidation could be coming to an end, but a breakout confirmation is required before PEPE shoots up. While the bullish outlook does seem encouraging, there are a lot of considerations investors need to understand before diving head-first into buying this meme coin on the dips.

$BTC Why Is Bitcoin Falling?

Cryptocurrency market remains under heavy selling pressure, and analysts at 10X Research have noted fundamental differences between the current and previous downturns. According to analysts, this decline is distinguished by several unique factors, particularly as it corresponds to the third 20% correction within a larger bull market since the beginning of the fifth Bitcoin bull run in June 2023.

$ETH

Why is Crypto Down Today? Federal Reserve & U.S. Treasury Decisions Loom Over Crypto MarketBitcoin's price crash below $60,000 has triggered a market-wide downturn, with a combination of factors, including stalled ETF inflows, geopolitical tensions, and anticipated decisions from the Federal Reserve and U.S. Treasury, contributing to the bearish sentiment.

The cryptocurrency market has experienced a significant downturn, with Bitcoin leading the charge as its price fell below the crucial $60,000 support level.
The sudden crash, which has seen the world’s largest cryptocurrency hit a 2-month low, has sent shockwaves through the market, causing major altcoins such as Ethereum and XRP to follow suit. The total cryptocurrency market cap has shed approximately $500 billion since its recent peak of $2.9 trillion.

$BOME BOOK OF MEME (BOME) price has declined today.The price of BOOK OF MEME (BOME) is $0.008722 today with a 24-hour trading volume of $206,683,972.13. This represents a -4.12% price decline in the last 24 hours and a -24.52% price decline in the past 7 days. With a circulating supply of 69 Billion BOME, BOOK OF MEME is valued at a market cap of $601,111,032.

1000SATS (Ordinals) (1000SATS) price has declined today.The

price of 1000SATS (Ordinals) (1000SATS) is $0.0002434 today with a 24-hour trading volume of $67,052,261.14. This represents a -6.67% price decline in the last 24 hours and a -28.50% price decline in the past 7 days. If you’re looking for the market cap of 1000SATS (Ordinals), data is not available today as the circulating supply of 1000SATS tokens is not reported.

$1000SATS