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🐕🐾🔥 Shiba Inu: $100 to $1.6 Billions If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.👀👀👀 Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens. The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.🚀🚀🚀 This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.🔥🔥🔥 Here is a table that summarizes your investment:🐮🐮🐮 Investment Purchase price Sale price Profit $100 in SHIB $0.000000000056 $0.00008845 $1.6 billion Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB #crypto #BinanceSquare #TrendingTopic

🐕🐾🔥 Shiba Inu: $100 to $1.6 Billions

If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.👀👀👀

Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens.

The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.🚀🚀🚀

This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.🔥🔥🔥

Here is a table that summarizes your investment:🐮🐮🐮

Investment Purchase price Sale price Profit

$100 in SHIB $0.000000000056 $0.00008845 $1.6 billion

Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB

#crypto #BinanceSquare #TrendingTopic

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💥💥💥 #bitcoin Price Falters: Another Downturn In Crypto Prices Bitcoin's price failed to sustain above the $68,500 support zone, leading to further losses and bearish signals below $68,800. Bitcoin's Decline - Initial Surge and Drop: Bitcoin attempted to rise above the $69,500 resistance, briefly breaking $70,000, but couldn't maintain gains. The price peaked at $70,142 before starting a fresh decline. - Support Levels Breached: It fell below key support levels at $69,500 and $68,500, reaching a low of $67,920. The price is now consolidating near the 23.6% Fib retracement level from the $70,142 high to the $67,920 low. Current Trading Position - Below Key Averages: Bitcoin is trading below $69,500 and the 100-hour Simple Moving Average. - Resistance Levels: Immediate resistance is around $68,800, with significant resistance at $69,000 (50% Fib retracement level of the recent decline) and $69,500, where a bearish trend line is forming on the hourly chart. - Potential Upside: A clear move above $69,500 could push the price to test the $70,000 level, and further gains might target $71,200. Potential for Further Declines - Failure to Rise: If Bitcoin doesn't climb above the $69,500 resistance, another decline may start. - Support Levels: Immediate support is near $68,000, with major support at $67,650 and $67,500. Continued losses could drive the price toward $66,400. Technical Indicators - MACD: Gaining momentum in the #BEARISH📉 zone. - RSI: Below the 50 level for BTC/USD. Summary - Support Zones: $68,000, $67,500. - Resistance Zones: $69,000, $69,500. Bitcoin's failure to stay above critical support levels has led to further losses. Resistance is around $68,800 and $69,500. If these are not surpassed, the price could decline to $68,000, $67,500, or even $66,400. Technical indicators highlight this bearish trend, stressing the need to break significant resistance to reverse it. Source - newsbtc.com #CryptoTrends2024 #BinanceSquareBTC #cryptocurrency
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👉👉👉 #BLUM Community in #Telegram Becomes Fourth Largest in the World by Number of Subscribers Blum, hailed as one of the most promising and talked-about crypto projects, has achieved yet another significant milestone in its social media journey. Recent reports reveal that the Blum community on Telegram has surpassed 9.8 million subscribers and is swiftly approaching the 10 million mark. According to Blum enthusiasts themselves, this remarkable figure has positioned them as the fourth-largest community on Telegram based on subscriber count. Notably, Blum also extends its reach with 19 additional communities in various languages. The widespread popularity of Blum is undeniable, with the project spearheaded by former Binance executives in Russia and the CIS, Gleb Kostarev and Vladimir Smerkis, being regarded as one of this year's most hyped ventures. As per the founders' vision, Blum is poised to revolutionize cryptocurrency trading by offering users an entirely new and seamless experience. Notably, Blum has secured its spot among the most promising projects on the latest Binance Launchpad. Currently, Blum is actively attracting new users through a highly publicized farming program. Users have the opportunity to expand their referral network by inviting contacts, thereby earning rewards. However, it's important to note that accumulating points through the referral network is just one of the many ways users can earn rewards. By simply launching the Blum app daily and completing tasks, users can unlock additional rewards. Source - cryptonews.net #BinanceSquareTalks
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💥💥💥 World's largest bank #ICBC praises the evolution of #bitcoin , #Ethereum as innovative financial assets The Industrial and Commercial Bank of China (ICBC), the world’s largest lender, recently published a detailed analysis on the evolution and diversity of digital currencies. Here are the key insights from the report: Bitcoin: The New Gold - ICBC likens Bitcoin to gold due to its scarcity achieved through a mathematical consensus mechanism. Despite diminishing monetary attributes, Bitcoin's value as an asset is solidifying due to its divisibility, authenticity verification, and portability. Ethereum: Digital Oil - The report describes Ethereum as "digital oil," crucial for driving the digital future. Its Turing-complete language, Solidity, and EVM enable complex smart contracts and decentralized apps, vital for DeFi and NFTs. Challenges include security flaws, scalability issues, and high energy usage. Ethereum 2.0 upgrade, with PoS and sharding, aims to enhance sustainability and throughput. Layer 2 solutions like state channels and rollups are also being explored for scalability. #Stablecoins and CBDCs: Bridging Digital and Traditional Finance - Stablecoins, pegged to fiat currencies, offer stability in crypto markets, aiding transactions and serving as a reliable store of value. They're key for integrating digital currencies into the global financial system. Central Bank Digital Currencies (CBDCs) digitize fiat, potentially boosting payment efficiency, cutting costs, and enhancing monetary policy. CBDCs could simplify cross-border transactions, reduce intermediary reliance, and foster financial inclusion, but require thoughtful handling of privacy, security, and regulatory issues. Conclusion ICBC concludes that digital currencies, with diverse visions, target enhancing financial inclusion, security, and payment efficiency. Balancing sustainability, security, and efficiency is crucial for fostering their widespread adoption and innovation in the financial ecosystem. Source - cryptoslate.com #BinanceSquareTalks
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🔥🔥🔥 #bitcoin Economist Reveals Year-End Forecast for $BTC Price Economist Timothy Peterson recently analyzed Bitcoin's difficulty growth rate and suggested that BTC's price could potentially reach $100,000 by the end of the year. Bitcoin's difficulty rating measures the challenge of mining a new block on the #Blockchain . This rating adjusts every two weeks to maintain a consistent block addition rate of approximately every 10 minutes. The difficulty increases with more miners and computing power and decreases when miners leave the network. Bitcoin's decentralized system and automatic, transparent difficulty adjustments prevent any entity from manipulating the difficulty rating. Peterson asserts that there is a strong correlation between Bitcoin's difficulty and its price. As mining difficulty increases, the energy cost per mined Bitcoin also rises, prompting miners to balance their electricity and hardware expenses against potential rewards. When Bitcoin prices are high, these costs become manageable, making mining profitable despite increased difficulty. Conversely, a drop in Bitcoin's price can force some miners to exit the network, leading to a decrease in computational power and difficulty. Peterson highlights a feedback loop between Bitcoin's price and difficulty. Higher prices attract more miners, increasing difficulty, which in turn can support higher prices. Increased difficulty and the associated costs drive miners to become more efficient, further supporting higher prices as the network strengthens. This creates a market equilibrium where energy costs are balanced by Bitcoin's price. Given these dynamics and current trends, Peterson predicts a reasonable year-end price range for Bitcoin between $60,000 & $90,000. A high difficulty level indicates robust network security, which supports higher prices, while energy costs provide a price floor. However, factors like increased adoption and positive market sentiment could potentially push the price even higher, towards $100,000. *This is not investment advice. Source - en.bitcoinsistemi.com
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