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Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by broader market uncertainty, particularly around the Bitcoin ETF launch. From a recent high of $0.677, ADA price has fallen almost 30%, currently trading around $0.497. Despite this bearishness, there is a silver lining: a bullish reversal pattern is forming in the token. This suggests a potential opportunity for buyers to reignite the currency's recovery trend. $0.49786318 trading now Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern. This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels. With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677. A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135. Suggested Essays Is the ADA worth vulnerable to other amendments? The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern. #BTC #ADAUpdate
Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by broader market uncertainty, particularly around the Bitcoin ETF launch. From a recent high of $0.677, ADA price has fallen almost 30%, currently trading around $0.497. Despite this bearishness, there is a silver lining: a bullish reversal pattern is forming in the token. This suggests a potential opportunity for buyers to reignite the currency's recovery trend.
$0.49786318 trading now

Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern.

This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels.

With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677.

A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135.

Suggested Essays

Is the ADA worth vulnerable to other amendments?

The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern.
#BTC
#ADAUpdate
CurveDAO (CRV) Nears All-Time Low Following Whale Deposit to Binance: On-Chain Data Alex Richardson   June 30, 2024  CRV, the native token of stablecoin lending platform CurveDAO, is close to all-time lows again as the ecosystem attempts a recovery from a large liquidation event this month. Blockchain tracking firm Lookonchain reports that a whale deposited over $6 million worth of CRV to Binance, presumably to sell at a loss. “The 22 million CRV was bought after the CRV liquidation, with a buying price of ~$0.33. Selling now will result in a loss of ~$1 million.” Source: Lookonchain/X On June 13th, Curve founder Michael Egorov announced that all of his loans, reportedly worth roughly $156 million, were liquidated. He also said that he sold millions of CRV tokens in an organized transaction to one of the partners of crypto asset investment firm NextGen Digital Venture. “The amount of CRV liquidations was very large for the market to handle in half an hour (1/3 of circulating supply or so), so to prevent any bad debt, I sold 30 million of my not yet vested CRV to @Christianeth on June 13th . Those 30 million CRV are being received by him in chunks by mid-August. If you see CRV transactions from my wallet to christian2022.eth, they are related to that deal…” On the same day of Egorov’s liquidation, CRV dropped to an all-time low of $0.239. Currently, CRV is trading at $0.28 and is now 98.3% down from its all-time high of $15.37. #DAO
CurveDAO (CRV) Nears All-Time Low Following Whale Deposit to Binance: On-Chain Data

Alex Richardson

 

June 30, 2024



CRV, the native token of stablecoin lending platform CurveDAO, is close to all-time lows again as the ecosystem attempts a recovery from a large liquidation event this month.

Blockchain tracking firm Lookonchain reports that a whale deposited over $6 million worth of CRV to Binance, presumably to sell at a loss.

“The 22 million CRV was bought after the CRV liquidation, with a buying price of ~$0.33.

Selling now will result in a loss of ~$1 million.”

Source: Lookonchain/X

On June 13th, Curve founder Michael Egorov announced that all of his loans, reportedly worth roughly $156 million, were liquidated. He also said that he sold millions of CRV tokens in an organized transaction to one of the partners of crypto asset investment firm NextGen Digital Venture.

“The amount of CRV liquidations was very large for the market to handle in half an hour (1/3 of circulating supply or so), so to prevent any bad debt, I sold 30 million of my not yet vested CRV to @Christianeth on June 13th . Those 30 million CRV are being received by him in chunks by mid-August.

If you see CRV transactions from my wallet to christian2022.eth, they are related to that deal…”

On the same day of Egorov’s liquidation, CRV dropped to an all-time low of $0.239. Currently, CRV is trading at $0.28 and is now 98.3% down from its all-time high of $15.37.
#DAO
Join our exciting REVOX airdrop campaign with Binance Web3 Wallet! Use my invite code ZDK11B to earn REVOX $RGT AIRDROP! Find REVOX campaign on Binance Web3 Wallet. #REVOX #binanceweb3 @ReadOnMe3 https://revox.readon.me/
Join our exciting REVOX airdrop campaign with Binance Web3 Wallet! Use my invite code ZDK11B to earn REVOX $RGT AIRDROP! Find REVOX campaign on Binance Web3 Wallet.
#REVOX #binanceweb3 @ReadOnMe3 https://revox.readon.me/
Altcoins Bounce Back With BTC Dominance Dropping, Is the Bottom In? Crypto analyst van de Poppe signals of a potential reversal in altcoin prices, as seen in their performance against Bitcoin. BTC dominance has tanked 2% in the last 24 hours. Solana and Chainlink register the strongest bounce with 10% gains each.Bitcoin dominance drop by 2% in 24 hours makes way for strong altcoin recovery.Altcoin prices show strong reversal against Bitcoin indicating that the bottom could be in.After facing the brutal sell-off on Monday, altcoins have bounced back once again putting up fresh optimism among investors. Among the top ten altcoins, Solana (SOL) has gained the most by 10% and is currently trading at $136. With this price pump, Solana has offset all its last week’s losses. Other popular altcoins like Cardano (ADA), dogecoin (DOGE), Toncoin (TON), are up anywhere up between 3-5%. Altcoins Pump As BTC Dominance Drops The Bitcoin price correction pushed the BTC price under $59,000 earlier today before recovering to $61,500 once again. However, with the Bitcoin dominance declining, altcoins have registered strong gains. In the last 24 hours, the Bitcoin dominance has tanked by 2% suggesting a strong liquidity flow happening into altcoins. The “Total 3 Index” including Bitcoin and Ethereum, is holding strong at the support levels showing signs of potential trend reversal. This development has forced investors to question whether the alt season is about to begin. #BTC☀ #dotcoin #Solana_Blockchain
Altcoins Bounce Back With BTC Dominance Dropping, Is the Bottom In?

Crypto analyst van de Poppe signals of a potential reversal in altcoin prices, as seen in their performance against Bitcoin. BTC dominance has tanked 2% in the last 24 hours.

Solana and Chainlink register the strongest bounce with 10% gains each.Bitcoin dominance drop by 2% in 24 hours makes way for strong altcoin recovery.Altcoin prices show strong reversal against Bitcoin indicating that the bottom could be in.After facing the brutal sell-off on Monday, altcoins have bounced back once again putting up fresh optimism among investors. Among the top ten altcoins, Solana (SOL) has gained the most by 10% and is currently trading at $136. With this price pump, Solana has offset all its last week’s losses. Other popular altcoins like Cardano (ADA), dogecoin (DOGE), Toncoin (TON), are up anywhere up between 3-5%.

Altcoins Pump As BTC Dominance Drops

The Bitcoin price correction pushed the BTC price under $59,000 earlier today before recovering to $61,500 once again. However, with the Bitcoin dominance declining, altcoins have registered strong gains. In the last 24 hours, the Bitcoin dominance has tanked by 2% suggesting a strong liquidity flow happening into altcoins.

The “Total 3 Index” including Bitcoin and Ethereum, is holding strong at the support levels showing signs of potential trend reversal. This development has forced investors to question whether the alt season is about to begin.
#BTC☀ #dotcoin #Solana_Blockchain
Historic Bitcoin move from US presidential candidate Donald Trump! Donald Trump told miners he would support Bitcoin mining. 12.06.2024 Former US President Donald Trump, who was hostile to Bitcoin and cryptocurrencies during his previous presidency, has undergone a major shift. Re-elected Trump has been vocal in his support of BTC and cryptocurrencies during this election campaign, with Trump recently meeting with several Bitcoin miners. According to Bloomberg, Trump told the miners that he would support Bitcoin mining. Noting that Joe Biden and his administration opposed bitcoin mining and aided rival countries, Donald Trump promised to support bitcoin miners and the mining industry if he returned to the White House. Nasdaq-listed bitcoin mining company CleanSpark Inc. was among the attendees at Trump's meeting with bitcoin miners. and representatives from Riot Platforms were also present. "I just ran into a guy who is a huge Bitcoin fan and supports what we do at CleanSpark Inc. in Georgia, Mississippi and Wyoming," CleanSpark co-founder S. Matthew Schultz said on x #Binance200M #altcoins #bitcoin☀️
Historic Bitcoin move from US presidential candidate Donald Trump!

Donald Trump told miners he would support Bitcoin mining.

12.06.2024

Former US President Donald Trump, who was hostile to Bitcoin and cryptocurrencies during his previous presidency, has undergone a major shift.

Re-elected Trump has been vocal in his support of BTC and cryptocurrencies during this election campaign, with Trump recently meeting with several Bitcoin miners.

According to Bloomberg, Trump told the miners that he would support Bitcoin mining.

Noting that Joe Biden and his administration opposed bitcoin mining and aided rival countries, Donald Trump promised to support bitcoin miners and the mining industry if he returned to the White House.

Nasdaq-listed bitcoin mining company CleanSpark Inc. was among the attendees at Trump's meeting with bitcoin miners. and representatives from Riot Platforms were also present.

"I just ran into a guy who is a huge Bitcoin fan and supports what we do at CleanSpark Inc. in Georgia, Mississippi and Wyoming," CleanSpark co-founder S. Matthew Schultz said on x #Binance200M #altcoins #bitcoin☀️
Will XRP drop to $0.4699 in June? A detailed breakdown XRP made a bearish breakout in the last few days, hinting at a continued price drop.  Posted: June 9 XRP was down by more than 4% in the last seven days.  If the downturn continues, then the token might drop to $0.4699. XRP has witnessed quite some turbulence as its price has dropped over the last week. But investors should prepare for more setbacks as the token fell below a pattern, that hinted at a further price drop.  Bears step up Per an earlier AMBCrypto report, XRP’s price had reached a 2-month low. This decline was caused by market jitters following reports that Ripple, the token’s developer and largest holder, sold 150 million XRP. According to CoinMarketCap, the price decline continued as the token’s value dropped by over 1.3% in the last 24 hours. At the time of writing, the token was trading at $0.4932 with a market capitalization of over $27 billion. The price decline also had a negative impact on the token’s price action. Santiment’s data revealed that XRP’s Weighted Sentiment went into the negative zone, implying that bearish sentiment around the token was dominant in the market. Nonetheless, the massive price drop stirred up conversations in the market, causing its Social Volume to spike.  Source: Santiment In a further spot of bad news, while XRP’s price dropped, it made a bearish breakout, which hinted at a continued price decline. Notably, XRP’s price entered a pennant pattern in the middle of April. Since then, the token has consolidated inside the pattern, only to make a bearish breakout on the 8th of June #XRPDumping #Binance200M #BTC☀
Will XRP drop to $0.4699 in June? A detailed breakdown

XRP made a bearish breakout in the last few days, hinting at a continued price drop. 

Posted: June 9

XRP was down by more than 4% in the last seven days. 

If the downturn continues, then the token might drop to $0.4699.

XRP has witnessed quite some turbulence as its price has dropped over the last week. But investors should prepare for more setbacks as the token fell below a pattern, that hinted at a further price drop. 

Bears step up

Per an earlier AMBCrypto report, XRP’s price had reached a 2-month low. This decline was caused by market jitters following reports that Ripple, the token’s developer and largest holder, sold 150 million XRP.

According to CoinMarketCap, the price decline continued as the token’s value dropped by over 1.3% in the last 24 hours.

At the time of writing, the token was trading at $0.4932 with a market capitalization of over $27 billion. The price decline also had a negative impact on the token’s price action.

Santiment’s data revealed that XRP’s Weighted Sentiment went into the negative zone, implying that bearish sentiment around the token was dominant in the market.

Nonetheless, the massive price drop stirred up conversations in the market, causing its Social Volume to spike. 

Source: Santiment

In a further spot of bad news, while XRP’s price dropped, it made a bearish breakout, which hinted at a continued price decline.

Notably, XRP’s price entered a pennant pattern in the middle of April. Since then, the token has consolidated inside the pattern, only to make a bearish breakout on the 8th of June

#XRPDumping #Binance200M #BTC☀
Trump Embraces Crypto: Campaign Now Accepts Bitcoin, Dogecoin for Donations On May 21, former US President Donald Trump's presidential campaign launched a fundraising page that allows federally accredited donors to contribute using cryptocurrency through Coinbase Commerce. According to the campaign announcement, supporters can visit the designated website to donate to Trump's campaign with crypto. All contribution limits and disclosure requirements for crypto donations will comply with Federal Election Commission regulations. In the announcement, Trump's campaign emphasized that he "aims to reduce government control over Americans' financial decision-making." He also observes that accepting crypto donations reflects his "commitment to an agenda that values ​​individual freedom over increased socialist government control." #ETHETFS #btc70k #DogeyGuy #DogeStrong
Trump Embraces Crypto: Campaign Now Accepts Bitcoin, Dogecoin for Donations

On May 21, former US President Donald Trump's presidential campaign launched a fundraising page that allows federally accredited donors to contribute using cryptocurrency through Coinbase Commerce.

According to the campaign announcement, supporters can visit the designated website to donate to Trump's campaign with crypto. All contribution limits and disclosure requirements for crypto donations will comply with Federal Election Commission regulations.

In the announcement, Trump's campaign emphasized that he "aims to reduce government control over Americans' financial decision-making." He also observes that accepting crypto donations reflects his "commitment to an agenda that values ​​individual freedom over increased socialist government control."
#ETHETFS #btc70k #DogeyGuy #DogeStrong
Bitcoin miners see rewards cut, Dorsey jumps in: Bitcoin miners collected more than $100 million in revenue for the halving on April 20, the highest total ever recorded in a single day. But now miners face a drop in mining rewards that could reshape the industry. And one familiar name is jumping in. Speculators hopeful upcoming Fed meeting will leave rates unchanged: US inflation rates have eased slightly in April in conjunction with weakening demand in both manufacturing and service sectors. Investors hope the latest data will spur a more bullish tone on future rate cuts.  Bitcoin halving brings fresh interest to spot ETFs: After a period of net outflows prior to BTC’s halving event, spot BTC ETFs in the US have started to rebound. Ripple calls for SEC to reduce fine: Ripple has strongly opposed the SEC's proposed $2B fine, while a contingent of crypto lobbyists moves to sue the regulator. Tether claims it will freeze addresses linked to OFAC-sanctioned entities: The move follows reports that Venezuela's state oil company, PDVSA, used the USDT stablecoin to bypass US sanctions and continue its oil exports. #BullorBear #bitcoinhalving #Megadrop #BitcoinHalvingTrends
Bitcoin miners see rewards cut, Dorsey jumps in: Bitcoin miners collected more than $100 million in revenue for the halving on April 20, the highest total ever recorded in a single day. But now miners face a drop in mining rewards that could reshape the industry. And one familiar name is jumping in.
Speculators hopeful upcoming Fed meeting will leave rates unchanged: US inflation rates have eased slightly in April in conjunction with weakening demand in both manufacturing and service sectors. Investors hope the latest data will spur a more bullish tone on future rate cuts. 
Bitcoin halving brings fresh interest to spot ETFs: After a period of net outflows prior to BTC’s halving event, spot BTC ETFs in the US have started to rebound.
Ripple calls for SEC to reduce fine: Ripple has strongly opposed the SEC's proposed $2B fine, while a contingent of crypto lobbyists moves to sue the regulator.
Tether claims it will freeze addresses linked to OFAC-sanctioned entities: The move follows reports that Venezuela's state oil company, PDVSA, used the USDT stablecoin to bypass US sanctions and continue its oil exports.
#BullorBear #bitcoinhalving #Megadrop #BitcoinHalvingTrends
A history record $1.4 billion has been deposited on Coinbase 💲
A history record $1.4 billion has been deposited on Coinbase 💲
Font ResizerAa Bitcoin (BTC) $69,094 (0.87%) Ethereum (ETH) $3,877.68 (-0.91%) Litecoin (LTC) $87.36 (-2.56%) XRP (XRP) $0.609900 (-2.27%) BNB (BNB) $528.49 (8.36%) Solana (SOL) $143.79 (-1.66%) Cardano (ADA) $0.716524 (-3.64%) Dogecoin (DOGE) $0.170627 (-6.08%) TRON (TRX) $0.133836 (-1.67%) Polkadot (DOT) $10.19 (-2.83%) Chainlink (LINK) $20.19 (0.80%) Polygon (MATIC) $1.21 (6.13%) Powered by CoinGecko Bitcoin (BTC) $69,094 (0.87%) Ethereum (ETH) $3,877.68 (-0.91%) Litecoin (LTC) $87.36 (-2.56%) XRP (XRP) $0.609900 (-2.27%) BNB (BNB) $528.49 (8.36%) Solana (SOL) $143.79 (-1.66%) Cardano (ADA) $0.716524 (-3.64%) Dogecoin (DOGE) $0.170627 (-6.08%) TRON (TRX) $0.133836 (-1.67%) Polkadot (DOT) $10.19 (-2.83%) Chainlink (LINK) $20.19 (0.80%) Polygon (MATIC) $1.21 (6.13%) SHIBA (SHIB) Shiba Inu Climbs the Crypto Rankings In Brief Shiba Inu (SHIB) gains attention in crypto communities. Recently entered the top ten by market value. Analyst Rekt Capital predicts a potential reversal completion. Technology & Populer Science News: Newslinker.co  COINTURK NEWSPublished 11 March, 2024 - 1:01 am 
Font ResizerAa

Bitcoin (BTC)

$69,094 (0.87%)

Ethereum (ETH)

$3,877.68 (-0.91%)

Litecoin (LTC)

$87.36 (-2.56%)

XRP (XRP)

$0.609900 (-2.27%)

BNB (BNB)

$528.49 (8.36%)

Solana (SOL)

$143.79 (-1.66%)

Cardano (ADA)

$0.716524 (-3.64%)

Dogecoin (DOGE)

$0.170627 (-6.08%)

TRON (TRX)

$0.133836 (-1.67%)

Polkadot (DOT)

$10.19 (-2.83%)

Chainlink (LINK)

$20.19 (0.80%)

Polygon (MATIC)

$1.21 (6.13%)

Powered by CoinGecko

Bitcoin (BTC)

$69,094 (0.87%)

Ethereum (ETH)

$3,877.68 (-0.91%)

Litecoin (LTC)

$87.36 (-2.56%)

XRP (XRP)

$0.609900 (-2.27%)

BNB (BNB)

$528.49 (8.36%)

Solana (SOL)

$143.79 (-1.66%)

Cardano (ADA)

$0.716524 (-3.64%)

Dogecoin (DOGE)

$0.170627 (-6.08%)

TRON (TRX)

$0.133836 (-1.67%)

Polkadot (DOT)

$10.19 (-2.83%)

Chainlink (LINK)

$20.19 (0.80%)

Polygon (MATIC)

$1.21 (6.13%)

SHIBA (SHIB)

Shiba Inu Climbs the Crypto Rankings

In Brief

Shiba Inu (SHIB) gains attention in crypto communities.

Recently entered the top ten by market value.

Analyst Rekt Capital predicts a potential reversal completion.

Technology & Populer Science News: Newslinker.co



COINTURK NEWSPublished 11 March, 2024 - 1:01 am

#SHIBA🔥 Recent Developments Shiba Inu Weekly Burn Up 9K% To 14 Million SHIB Burns 💥🔥 Amidst the flurry of progress witnessed across the Shiba Inu ecosystem this week, a massive surge in the weekly burn rate of Meme Coin seems to have garnered significant interest among crypto market enthusiasts around the world. According to insights uncovered by tracker Shivburn, the nearly 9000% weekly increase has sparked huge curiosity among traders and investors for Shiba Inu's future price action. Meanwhile, with a nearly 50% gain over the past week, the Shiba Inu reflected optimism in line with the continued burnout witnessed last week. A tide of optimism surrounding SHIB's possible run to the optimistic $0.0001 level has attracted considerable attention among crypto market fanatics worldwide. #SHIBA🔥
#SHIBA🔥
Recent Developments Shiba Inu Weekly Burn Up 9K% To 14 Million SHIB Burns 💥🔥

Amidst the flurry of progress witnessed across the Shiba Inu ecosystem this week, a massive surge in the weekly burn rate of Meme Coin seems to have garnered significant interest among crypto market enthusiasts around the world.
According to insights uncovered by tracker Shivburn, the nearly 9000% weekly increase has sparked huge curiosity among traders and investors for Shiba Inu's future price action.

Meanwhile, with a nearly 50% gain over the past week, the Shiba Inu reflected optimism in line with the continued burnout witnessed last week. A tide of optimism surrounding SHIB's possible run to the optimistic $0.0001 level has attracted considerable attention among crypto market fanatics worldwide.
#SHIBA🔥
FLOKI’s Price Soars Following Massive 190.91B Token Burn FLOKI price soars post monumental 190.91B token burn, reducing supply and boosting market cap to $2.4B with over 17% surge. FLOKI surges 17% post-190.91B token burn, market cap hits $2.4B. Floki DAO's $47M token burn propels FLOKI's trading volume up 34.72%. Valhalla game anticipation boosts FLOKI's appeal post-massive burn. Floki (FLOKI) has seen a significant increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders. In the last 24 hours, the FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, FLOKI was up 17% from the intra-day low at press time, trading at $0.0002518. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B. Impact of the Token Burn on Market Dynamics The choice to burn a massive amount of FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, the price experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data. #Flokibullish
FLOKI’s Price Soars Following Massive 190.91B Token Burn

FLOKI price soars post monumental 190.91B token burn, reducing supply and boosting market cap to $2.4B with over 17% surge.

FLOKI surges 17% post-190.91B token burn, market cap hits $2.4B.

Floki DAO's $47M token burn propels FLOKI's trading volume up 34.72%.

Valhalla game anticipation boosts FLOKI's appeal post-massive burn.

Floki (FLOKI) has seen a significant increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders.

In the last 24 hours, the FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, FLOKI was up 17% from the intra-day low at press time, trading at $0.0002518. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B.

Impact of the Token Burn on Market Dynamics

The choice to burn a massive amount of FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, the price experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data.

#Flokibullish
$JUP next bull pump ☺️🤔
$JUP next bull pump ☺️🤔
Bull Run Peak Targets : 📈🎯💰 $BTC : $150,000 $ETH : $15,000 $TAO : $2,500 $QNT : $700 $SOL : $500 $INJ : $300 $TET : $275 $RNDR : $150 $TRIAS : $100 $AGRS : $90 $LINK : $80 $AZERO : $75 $TIA : $70 $ORAI : $70 $KOIN : $50 $PROPC : $30 $NAKA : $25 $RIO : $25 $KUJI : $20 $MTRG : $20 $ZANO : $20 $FET : $18 $OCTA : $15 $RVF : $8 $PROPS : $4 $CGPT : $4 $GFAL : $3 $NXRA : $3 $PAAL : $3 $KAS : $2 $GHX : $2 $DMTR : $1 $ROSE : $1 $VRA : $0.6 Add Yours #TrendingTopic #sol #WIF
Bull Run Peak Targets : 📈🎯💰
$BTC : $150,000
$ETH : $15,000
$TAO : $2,500
$QNT : $700
$SOL : $500
$INJ : $300
$TET : $275
$RNDR : $150
$TRIAS : $100
$AGRS : $90
$LINK : $80
$AZERO : $75
$TIA : $70
$ORAI : $70
$KOIN : $50
$PROPC : $30
$NAKA : $25
$RIO : $25
$KUJI : $20
$MTRG : $20
$ZANO : $20
$FET : $18
$OCTA : $15
$RVF : $8
$PROPS : $4
$CGPT : $4
$GFAL : $3
$NXRA : $3
$PAAL : $3
$KAS : $2
$GHX : $2
$DMTR : $1
$ROSE : $1
$VRA : $0.6
Add Yours
#TrendingTopic #sol #WIF
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