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PEPE & SHIB Prices To Rally? Massive Buying Hints More Gains Ahead !! #Binance55thProject(IO) #StartInvestingInCrypto #ETHETFsApproved #altcoins #BTC In a riveting turn of events, amidst meme coins’ turbulent price action witnessed in the past 24 hours, a whale has been recorded bagging colossal amounts of Pepe coin (PEPE) and Shiba Inu (SHIB) tokens, nabbing investor attention across the globe. On-chain insights reveal 199 billion PEPE and 37 billion SHIB were purchased recently, birthing market optimism surrounding the meme-based investment products’ future movements. Despite the already impressive price rally taken during this year’s bull cycle, Pepe coin and Shiba Inu tokens continue to shine with optimism for future gains. This is further evidenced by the significant accumulations mentioned above. Let’s dive deeper into the current price action and on-chain stats of SHIB & PEPE. Whale Obsessed With Meme Coins Sacks Billions According to the on-chain insights facilitated by ‘The Data Nerd, ‘ the whale 0xa14 has withdrawn 199 billion PEPE, worth $2,9 million, from Binance, the world’s leading crypto exchange. Moreover, the same wallet address withdrew 37 billion SHIB, worth $964K, from the same exchange in another transaction. Data reveals that within a span of 5 days, the trader has withdrawn a staggering 349 billion PEPE, valued at $5.21 million, from Binance. These accumulations have significantly tilted the whale’s portfolio towards Pepe coin, accounting for 82% of the total, worth $10.4 million. The remaining holdings include Shiba Inu, totaling $9.66 million. This data underscores the whale’s immense confidence in the abovementioned meme-based investment products. Also, it’s worth spotlighting that the accumulation ignited bullish sentiments just when the market thought PEPE’s price had topped while the meme coins season waned. As of writing, PEPE’s price fell 1.14% in the past 24 hours to $0.0000147, while SHIB’s price dropped 1.97% to $0.0000256.

PEPE & SHIB Prices To Rally? Massive Buying Hints More Gains Ahead !!

#Binance55thProject(IO) #StartInvestingInCrypto #ETHETFsApproved #altcoins #BTC In a riveting turn of events, amidst meme coins’ turbulent price action witnessed in the past 24 hours, a whale has been recorded bagging colossal amounts of Pepe coin (PEPE) and Shiba Inu (SHIB) tokens, nabbing investor attention across the globe. On-chain insights reveal 199 billion PEPE and 37 billion SHIB were purchased recently, birthing market optimism surrounding the meme-based investment products’ future movements.

Despite the already impressive price rally taken during this year’s bull cycle, Pepe coin and Shiba Inu tokens continue to shine with optimism for future gains. This is further evidenced by the significant accumulations mentioned above. Let’s dive deeper into the current price action and on-chain stats of SHIB & PEPE.

Whale Obsessed With Meme Coins Sacks Billions

According to the on-chain insights facilitated by ‘The Data Nerd, ‘ the whale 0xa14 has withdrawn 199 billion PEPE, worth $2,9 million, from Binance, the world’s leading crypto exchange. Moreover, the same wallet address withdrew 37 billion SHIB, worth $964K, from the same exchange in another transaction.

Data reveals that within a span of 5 days, the trader has withdrawn a staggering 349 billion PEPE, valued at $5.21 million, from Binance. These accumulations have significantly tilted the whale’s portfolio towards Pepe coin, accounting for 82% of the total, worth $10.4 million. The remaining holdings include Shiba Inu, totaling $9.66 million.

This data underscores the whale’s immense confidence in the abovementioned meme-based investment products. Also, it’s worth spotlighting that the accumulation ignited bullish sentiments just when the market thought PEPE’s price had topped while the meme coins season waned.

As of writing, PEPE’s price fell 1.14% in the past 24 hours to $0.0000147, while SHIB’s price dropped 1.97% to $0.0000256.

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Worldcoin Struggle for Stability at $4.5 Amidst Sharp Declines !! #Binance55thProject(IO) #TopCoinsJune2024 #altcoins #BTC #bitcoin Worldcoin (WLD) has recently experienced significant market volatility, marked by a sharp 10.16% drop in price over the last 24 hours. This decline brings the cryptocurrency’s current price to $4.42, as it grapples with fluctuations that have sparked concerns among investors about its short-term stability. The recent decline in Worldcoin‘s price is mirrored by its trading volume, which has seen a substantial increase of 62.7%, amounting to approximately $460,422,643 in the past day. This surge in trading volume suggests a heightened level of activity that could either be indicative of selling pressure or potential accumulation by new investors. Worldcoin’s current market cap stands at roughly $3.579 billion, making it the 29th largest cryptocurrency by market valuation. Despite the downturn, the substantial market cap indicates a significant presence in the crypto market, likely supported by its broad base of operations and technological initiatives. As observed on the price chart, Worldcoin faced a sharp decline from a local high of around $4.93 to its current levels. The chart shows a critical support level at approximately $4.20, which if breached, could lead to further declines. Conversely, resistance lies near the $4.60 mark, a level that needs to be surpassed for confirmation of potential recovery and to regain investor confidence. Investors should closely monitor these levels, as a break below support could lead to increased selling pressure, while a move above resistance might attract more buyers into the market, possibly stabilizing the price and setting the stage for a recovery. In conclusion, while Worldcoin currently faces downward pressure, the increased trading volume and significant market cap suggest that it remains a noteworthy contender in the cryptocurrency space. Investors and traders should keep an eye on the mentioned key levels to gauge the future direction of this digital asset.
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Shiba Inu (SHIB) Open Interest Surges: Is the Price Set for a Remarkable Rally Soon? #Binance55thProject(IO) #TopCoinsJune2024 #altcoins #BTC #bitcoin Shiba Inu’s open interest has surged to over $97 million, indicating renewed investor excitement and potential. Open interest in SHIB is currently 60% from its record high, suggesting a possible significant price rally. Since June 6, SHIB’s total open interest has surged above $97 million across exchanges. The meme cryptocurrency’s open interest hit $97.08 million, one of the largest amounts this year, according to Coinglass data. Given the challenges SHIB has seen lately, this rise is significant.Shiba Inu’s open interest hit a record high of around $136 million in March 2024. But by mid-April, the number had fallen significantly, losing more than half of its original worth. Open interest is currently around 60% from reaching a new record high. If this trend continues, it could have significant implications for the SHIB price. Historically, increases in open interest correlate with price rallies. For example, when SHIB’s open interest peaked in March, the price of the crypto rose accordingly. If open interest reaches an all-time high of $136 million, the SHIB price might set a new annual record if it manages to hit $0.00004. The price of SHIB more than quadrupled in March during a spike in open interest, suggesting a strong correlation between open interest and price performance. Although open interest has been trending upward, there has been a slight lull over the last day, falling by 0.42 percent. At US$0.0000234, SHIB’s price was down 7.4% from the previous week as of the writing of this article. This small setback doesn’t change the positive prognosis for Shiba Inus generally. Shiba Inu’s (SHIB) cryptocurrency future appears promising. A surge in open interest signals growing investor confidence and potential price increases. Nearing record highs, SHIB could see significant rallies if trends continue.
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Pepe Coin Price Analysis Hints 20% Downside Risk As Sellers Break 50-day Support !! #Binance55thProject(IO) #TopCoinsJune2024 #altcoins #BTC #bitcoin Pepe Coin Price Analysis: The memecoin PEPE, themed around a frog, recently experienced a price correction after peaking at $0.0000172 in late May. This downturn saw the altcoin’s price fall by 25%, landing at $0.00001274, while its market cap decreased to $5.36 billion. Concurrently, as Bitcoin struggled to maintain its position above the $70,000 mark, the broader cryptocurrency market faced additional downward pressure. This situation suggests that the market may be entering a period of extended correction or consolidation. Since mid-April, the PEPE coin price witnessed an aggressive rally under the influence of an ascending trendline. The steep dynamic support bolstered buyers with the new higher low formations and uplifted the asset from $0.00000393 to $0.000017 registering a 335% growth. However, the altcoin market witnessed a slowdown in recovery as Bitcoin prices consolidated in a narrow range for the past two weeks. Amid the uncertainty, the PEPE price developed a notable top at $0.0000172 and triggered a correction below the aforementioned support. The loss of its nearly two-month-long support level is likely to increase selling pressure on PEPE, setting the stage for a significant decline. Following the breakdown, the asset’s price could potentially plummet to $0.00000881, with a further possible drop to $0.000006 if the downward trend continues. However, a long tail rejection candle on Friday showcased the traders’ interest in buyers PEPE at a discounted price.
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Litecoin Active Addresses Skyrocket by 75%: Will LTC Prices Surpass the $100 Milestone? #Binance55thProject(IO) #TopCoinsJune2024 #altcoins #BTC #bitcoin Litecoin sees a 75% rise in active addresses, surpassing Ethereum, hinting at growing user interest.LTC transactions surge, driven by under $10 transfers, reflecting increasing popularity among crypto enthusiasts. Miners’ accumulation of 180,000 LTC in May boosts confidence, indicating potential price breakthrough to $100.The number of daily active addresses for Litecoin (LTC),. As of late, Litecoin’s total dynamic addresses have even eclipsed Ethereum, agreeing to on-chain information. By the conclusion of June, this development might drive LTC costs up to $100. On-chain data service IntoTheBlock noted a notable increase in Litecoin (LTC) activity as of June 7, 2024. According to a post by IntoTheBlock, as of late saw a 75% increment in Litecoin’s dynamic address number, which is higher than Ethereum by over 100,000 and at its most lifted point since January. Moreover, there was a striking surge in Litecoin exchanges, which came to 426,000 in a single day. There has been a noticeable increase in transactions of all sizes, indeed though the majority of this spike is connected to transactions under $10. This increment illustrates how Litecoin is getting to be increasingly popular among cryptocurrency users. The Litecoin network has already exceeded 250 million transactions in another critical turning point amidst an amassing of LTC whales. With over 40 million transactions handled by the cryptocurrency, Litecoin has experienced a sharp rise in interest and movement in 2024, making it a very significant year. Litecoin’s integration into various payment processors and merchant services globally has contributed to this growth.In the last 24 hours Litecoin (LTC) price faced some selling pressure, trading 4.8% lower at $80.03 with a market cap of around $6.280 billion. The next price action for LTC is highly dependent on miner accumulation which has been strong over the past month.
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XRP, DOGE Armies Excited by Elon Musk's Message on X !! #Binance55thProject(IO) #TopCoinsJune2024 #altcoins #BTC #bitcoin Serial tech entrepreneur Elon Musk, who runs SpaceX, Tesla and xAI, among other innovative tech companies, has published a celebratory X post related to the recent success of SpaceX. Musk bragged about the 300th landing of Falcon 9 on X in his recent post. Falcon 9 is a reusable racket created by SpaceX in order to transport people and payloads into Earth orbit and beyond it. It is the first reusable rocket on Earth that is able to reach the orbit and return. Thanks to the design, SpaceX can reuse the most costly parts of the rocket, thus bringing down the cost of flying to space with people and/cargo. According to the SpaceX website, Falcon 9 has already conducted 343 launches, 300 landings, and 274 reflights in total. A week ago, Musk spread the word on X that Falcon 9 had made 14 successful launches in May alone. The cryptocurrency community took this news enthusiastically, especially XRP and Dogecoin fans. Many accounts started tweeting “420” in comments in response to Musk’s “300” X post. 420 is a number adored by Elon Musk since this is widely associated with his favorite cryptocurrency Dogecoin but also with weed. April 20 (4.20, 420) is considered to be the day of both. Many accounts also responded with memes from the “300” movie about Spartans starring Gerald Butler. The “This is Sparta” episode from it has become viral and turned into a popular meme. Elon Musk’s target with SpaceX is to be able to send a human mission to Mars and establish a self-sustained colony on this planet in order to make humanity a multi-planetary species. In a recent interview, Musk said that he expects humans to land on March within next seven or eight years.
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