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Shiba Inu Prepares for Potential Market Shift As Key Metrics Show Profitability
According to U.Today, Shiba Inu (SHIB) is gearing up for a potential market shift, driven by profitability metrics and on-chain data. As significant addresses move into profitable zones, approximately 74 trillion SHIB tokens are expected to become active, which could lead to a notable change in the token's price dynamics.Recent data indicates that 62% of SHIB holders are currently profitable, reflecting a high level of investor confidence. This increased profitability translates into heightened market confidence, especially as price levels rise and active addresses become more engaged. A high profitability ratio often serves as a support mechanism, reducing selling pressure and stabilizing the price. If SHIB continues its upward trend, the likelihood of profit-taking also increases.The SHIB price chart reveals the formation of a bullish triangle, with a recent breakout above the $0.000026 barrier. This breakout is a strong bullish signal, suggesting that SHIB may be targeting the next resistance level near $0.000030. If the asset maintains its momentum, it could aim for even more ambitious targets. However, the 200-day moving average at $0.000022 remains a critical support level. Should SHIB fail to stay above this level, it may revert to a consolidation phase, reversing the current bullish outlook.The market sentiment towards SHIB remains predominantly bullish, supported by significant transactions exceeding $1.03 billion over the past week. This influx of substantial transactions further reinforces the positive perception of SHIB in the market.
⚡ SHIBA INU 0.1⚡
The possibility of Shiba Inu reaching $0.10 is highly debated. Given its massive circulating supply, estimates suggest that achieving such a price would result in an astronomical market cap, making it seem unlikely. Analysts predict more realistic targets around $0.001 or $0.01 in the long term Current Price and Market Cap Context
Shiba Inu (SHIB) is currently trading at approximately $0.000025.
To reach $0.10, SHIB would require a market capitalization of about $58.9 trillion, which is signific
Shiba Inu (SHIB) is currently trading at approximately $0.000025.
To reach $0.10, SHIB would require a market capitalization of about $58.9 trillion, which is signific
⚡BONK 0.1,⚡
For BONK to reach a price of $0.1, it would require a significant reduction in its total supply through token burning. Estimates suggest that tens of trillions of tokens would need to be burned, which poses logistical challenges given the current market dynamics and the massive supply of BONK coins. Current Market Dynamics
Circulating Supply: BONK Coin has a circulating supply of approximately 66 trillion tokens, with a maximum supply nearing 93.5 trillion.
Market Capitalization Requirement: To
Circulating Supply: BONK Coin has a circulating supply of approximately 66 trillion tokens, with a maximum supply nearing 93.5 trillion.
Market Capitalization Requirement: To
POL Meme Coin Could Explode to $15, with PEPE at $0.001 and Polkadot Heading for $10
The POL meme coin is generating buzz with predictions suggesting it could rise dramatically from its current price of $0.0005 to as high as $15. Meanwhile, PEPE is targeting a price of $0.001, and Polkadot (DOT) is aiming for $10. Analysts are monitoring these developments closely, as the cryptocurrency market shows signs of potential growth.
Current Market Overview
POL Meme Coin
Current Price: $0.0005
Predicted Price: Up to $15
Factors: Strong community engagement and market interest.
PEPE
Curr
Current Market Overview
POL Meme Coin
Current Price: $0.0005
Predicted Price: Up to $15
Factors: Strong community engagement and market interest.
PEPE
Curr
What is the Future Outlook for DOGS?
The future outlook for dogs appears promising, with a steady increase in dog populations and pet ownership. By 2027, the global pet industry is projected to reach $300 billion, driven by trends in sustainability and health-conscious pet care. Additionally, the integration of dogs into workplaces is gaining traction, suggesting that dogs will play a more significant role in daily life. Here are some key points regarding the future outlook for dogs:
Increasing Pet Ownership and Spending
The dog po
Increasing Pet Ownership and Spending
The dog po
Mixed Performances Among TON Tokens
Meanwhile, the TON ecosystem has experienced a limited rally overall. Toncoin, the leading coin in the ecosystem with a market capitalization of $14.10 billion, is down Week-to-Date (WTD.
In trading, Toncoin’s price hit $5.79, only to plunge to its current price of $5.54. Despite the broader bullish sentiment, Toncoin has failed to meet investors’ expectations during this bull run. The coin could not test its previous high of $8.17, which it set in June 2024.
Similarly, Notcoin (NOT) has strug
In trading, Toncoin’s price hit $5.79, only to plunge to its current price of $5.54. Despite the broader bullish sentiment, Toncoin has failed to meet investors’ expectations during this bull run. The coin could not test its previous high of $8.17, which it set in June 2024.
Similarly, Notcoin (NOT) has strug
DOGS Performance Hits “Highest Weekly Candle”
Dan Gambardello, a renowned crypto analyst on X, considers DOGS’ recent performance a critical moment. He believes it could reposition the token for major growth. Gambardello shows that the memecoin closed its “highest weekly candle” ever in the DOGS’ price performance chart.
According to data, DOGS’s price stood at $0.0006861 as of this writing. However, within the past 24 hours, the token has traded between a low of $0.0006258 and a high of $0.0006914. The memecoin attempted to test the $0.00
According to data, DOGS’s price stood at $0.0006861 as of this writing. However, within the past 24 hours, the token has traded between a low of $0.0006258 and a high of $0.0006914. The memecoin attempted to test the $0.00
⚡TOP CRYPTO GAINS FOR END OF YEAR ⚡
As we approach the end of 2024, several cryptocurrencies are being highlighted for their potential gains. Notable mentions include:
Pepe Unchained (PEPU) - This coin is gaining attention for its unique features and community support.
Crypto All-Stars (ST AR) - Known for its innovative approach to decentralized finance, this token has shown significant growth potential.
Sui - With a year-to-date performance of 306.4%, Sui is designed for fast transactions and scalability, making it a strong conte
Pepe Unchained (PEPU) - This coin is gaining attention for its unique features and community support.
Crypto All-Stars (ST AR) - Known for its innovative approach to decentralized finance, this token has shown significant growth potential.
Sui - With a year-to-date performance of 306.4%, Sui is designed for fast transactions and scalability, making it a strong conte
👑BTC WILL HIT 100K👑
On November 21, 2024, Bitcoin's price surged close to $100,000, driven by significant market momentum following the recent U.S. presidential election. Reports indicate that Bitcoin briefly topped $98,000, marking a substantial increase in value. The announcement of SEC chair Gary Gens ler's support for cryptocurrency regulation has also contributed to the bullish sentiment in the market.
Key Highlights:
Price Surge: Bitcoin's price has soared more than 150% since November 2023, with a notable
Key Highlights:
Price Surge: Bitcoin's price has soared more than 150% since November 2023, with a notable
BIG facts and it's so true
Good Evening, everyone. I would like to publicly address the question most of you are asking, which is: “WHY ARE ALTCOINS NOT PUMPING?"
In Cryptohood, we don’t just earn, but we learn as well, so take your time to read this because I want to answer that question.
As I’m typing this, 1 $BTC is currently $98,000. Doesn’t that mean alts should be doing well also? But the reality is, they’re the very definition of a turtle trying to run ‘cause they’re so slow. But when $BTC falls in price, they dump hard, why is that?
The answer is simple:
*Bitcoin Dominance*
Right now, Bitcoin Dominance has surged to 61.44%.
This means 61.44% of the entire money invested in all of Crypto is in Bitcoin. Think about it. If you had a lot of money to invest in a cryptocurrency, wouldn’t you buy the one coin that lots of powerful people (*coughs: Michael Saylor) has their eyes on?
The Alt rally you’ve been waiting for will occur when Bitcoin Dominance loses the current uptrend and starts going down significantly.
You can expect this to happen after $BTC breaks new ATH's and begins to go sideways, or consolidate for a while.
Then, all of the liquidity will begin to flow into altcoins because the psychology of investors will change as a result of them thinking that the $BTC rally is over.
It's what happened in the past bull run, and the one before that. Kindly do your research.
And it's exactly what will happen again.
When will the Bitcoin Dominance reverse?
Well, based on historical support levels - around 60-65% can be expected for a peak in dominance. So we’re almost there, or we may be already there, who knows? Just wait for $BTC to start consolidating.
I know it’s frustrating to see $BTC pump, only for you to find out that your bags are no better than a snail. You survived the bear market, so this should be like a walk in the park for you guys. Crypto is, and will always be a game of patience. Soon, liquidity will start flowing into alts. Use this time to position yourselves strategically, okay?
Remember, things don’t happen to you.
In Cryptohood, we don’t just earn, but we learn as well, so take your time to read this because I want to answer that question.
As I’m typing this, 1 $BTC is currently $98,000. Doesn’t that mean alts should be doing well also? But the reality is, they’re the very definition of a turtle trying to run ‘cause they’re so slow. But when $BTC falls in price, they dump hard, why is that?
The answer is simple:
*Bitcoin Dominance*
Right now, Bitcoin Dominance has surged to 61.44%.
This means 61.44% of the entire money invested in all of Crypto is in Bitcoin. Think about it. If you had a lot of money to invest in a cryptocurrency, wouldn’t you buy the one coin that lots of powerful people (*coughs: Michael Saylor) has their eyes on?
The Alt rally you’ve been waiting for will occur when Bitcoin Dominance loses the current uptrend and starts going down significantly.
You can expect this to happen after $BTC breaks new ATH's and begins to go sideways, or consolidate for a while.
Then, all of the liquidity will begin to flow into altcoins because the psychology of investors will change as a result of them thinking that the $BTC rally is over.
It's what happened in the past bull run, and the one before that. Kindly do your research.
And it's exactly what will happen again.
When will the Bitcoin Dominance reverse?
Well, based on historical support levels - around 60-65% can be expected for a peak in dominance. So we’re almost there, or we may be already there, who knows? Just wait for $BTC to start consolidating.
I know it’s frustrating to see $BTC pump, only for you to find out that your bags are no better than a snail. You survived the bear market, so this should be like a walk in the park for you guys. Crypto is, and will always be a game of patience. Soon, liquidity will start flowing into alts. Use this time to position yourselves strategically, okay?
Remember, things don’t happen to you.
trade between 0.021 and 0.019 for pepe
👑BONK👑
Key Highlights of BONK on November 21, 2024
Price Surge:
BONK reached a record high of $0.000058 on November 20, marking an 18% increase in value.
The token traded at approximately $0.00005294 on November 21, still showing a 4% increase over the past 24 hours.
Market Capitalization:
BONK's market cap exceeded $4 billion, positioning it as a leading meme coin on the Solana blockchain.
This growth outpaced competitors, particularly Dogwifhat, which struggled to maintain its earlier dominance.
Whal
Price Surge:
BONK reached a record high of $0.000058 on November 20, marking an 18% increase in value.
The token traded at approximately $0.00005294 on November 21, still showing a 4% increase over the past 24 hours.
Market Capitalization:
BONK's market cap exceeded $4 billion, positioning it as a leading meme coin on the Solana blockchain.
This growth outpaced competitors, particularly Dogwifhat, which struggled to maintain its earlier dominance.
Whal
XRP Soars Beyond $1 on Bullish Momentum, Eyeing $5 – But These Altcoins Promise Higher Returns!
XRP has recently surged past the $1 mark, driven by positive market sentiment and regulatory developments. Analysts are optimistic about its potential to reach $5. However, several altcoins are also gaining attention for their potential higher returns, with some promising significant gains in the near future. Notable mentions include XYZVerse
Overview: A meme coin that merges sports fandom with cryptocurrency, XYZVerse is designed to attract a community of sports enthusiasts.
Growth Potential:
Overview: A meme coin that merges sports fandom with cryptocurrency, XYZVerse is designed to attract a community of sports enthusiasts.
Growth Potential:
BUY BUY BUY BUY
👌Top 5 Memecoins to Deliver Portfolio Growth in a Few Weeks👌
Pepe Unchained (PEPU) - This coin is gaining traction with its unique features and community support.
Crypto All-Stars (STARS) - A platform uniting various memecoins, offering staking options and high APY, making it an attractive investment.
Catzilla - Positioned as a disruptive force in the memecoin market, it offers a high potential ROI and a strong community backing.
Flockerz (FLOCK) - This project emphasizes community governance and aims to create a decentralized organization, appealing to i
Crypto All-Stars (STARS) - A platform uniting various memecoins, offering staking options and high APY, making it an attractive investment.
Catzilla - Positioned as a disruptive force in the memecoin market, it offers a high potential ROI and a strong community backing.
Flockerz (FLOCK) - This project emphasizes community governance and aims to create a decentralized organization, appealing to i
👑The Best Cryptos to Buy in November 2024: Qubetics, Theta & Kaspa in the Spotlight👑
In November 2024, several cryptocurrencies are gaining attention, particularly Qubetics, Theta, and Kaspa. Qubetics is noted for its potential to revolutionize blockchain technology and offers passive income opportunities. Theta is recognized for its innovative streaming solutions, while Kaspa is experiencing bullish momentum, especially after its recent listing on Kraken. Here’s a closer look at each of these cryptocurrencies:
Qubetics ($TICS)
Innovative Solutions: Qubetics is a Web3 aggregat
Qubetics ($TICS)
Innovative Solutions: Qubetics is a Web3 aggregat
⚡ PEPE DREAMS ⚡
To determine how much Pepe Coin (PEPE) would need to gain to reach $1, we first need to consider its current price. As of now, the price is significantly lower than $1, with predictions suggesting it may reach around $0.00002290 by late November 2024 Current Price and Required Gain
Current price of Pepe Coin (PEPE): $0.00002134
Target price: $1.00
Calculation of Required Gain
Required gain = Target price - Current price
Required gain = $1.00 - $0.00002134 = $0.99997866
Percentage Increase Need
Current price of Pepe Coin (PEPE): $0.00002134
Target price: $1.00
Calculation of Required Gain
Required gain = Target price - Current price
Required gain = $1.00 - $0.00002134 = $0.99997866
Percentage Increase Need
TON’s SHIB Rival DOGS Closes Highest Candle, What Next?
The recent surge in DOGS, a memecoin on The Open Network (TON) blockchain, has led to it closing at its highest candle, indicating strong market interest. Analysts suggest that DOGS could gain traction in the memecoin space, potentially challenging established rivals like Dogecoin and Shiba Inu. Market Analysis of DOGS
Recent Performance: DOGS has recently closed at its highest candle, signaling a bullish trend and increased investor interest.
Market Sentiment: The closing of the highest candl
Recent Performance: DOGS has recently closed at its highest candle, signaling a bullish trend and increased investor interest.
Market Sentiment: The closing of the highest candl
⚡Bitcoin ETF Options Begin Trading This Week⚡
This week marks a significant milestone in the cryptocurrency market as options trading for several Bitcoin ETFs has commenced. Notably, the ARK 21Shares Bitcoin ETF and BlackRock's iShares Bitcoin Trust ETF (IBIT) are among those launching options. This development is expected to enhance trading volumes and provide investors with more tools to engage with Bitcoin as an asset class.
Key Highlights of the Bitcoin ETF Options Launch
Launch Details:
Options trading for Bitcoin ETFs began this we
Key Highlights of the Bitcoin ETF Options Launch
Launch Details:
Options trading for Bitcoin ETFs began this we
Dogwifhat: Can WIF Push Beyond Its Resistance?
Dogwifhat (WIF) is currently facing significant resistance levels, particularly around $4.83 and $3.56. Analysts suggest that if WIF can break through these barriers, it may lead to substantial price increases, potentially reaching new all-time highs. However, the market sentiment remains cautious, with volatility observed in recent trading patterns. Here’s a detailed analysis of the current situation:
Current Price and Market Performance
Current Price: WIF is trading at approximately $3.63, r
Current Price and Market Performance
Current Price: WIF is trading at approximately $3.63, r