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Hey APT community! 💰💵💝🆓Click here to collect Free BNB Rewards 💰💵💝🆓 📣 Just wanted to give you all a heads up regarding the upcoming token unlock scheduled for June 12th. A significant batch of tokens, approximately 11.31 million APT valued at around $92 million, will be released, potentially leading to increased selling pressure and impacting the price. It's worth noting that the previous token unlocks didn't result in entirely positive outcomes. After the last two unlocks, prices experienced a slight dip, approximately 27% in April and 5% in May. However, let's not forget that in March, prices actually increased by 5.6% following a larger unlock. 🟩 📈👀💥 The bottom line is, predicting the exact outcome is tricky. 🤷 We're keeping it real and transparent with you all! Let's stay tuned and see how the market reacts! Remember to do your own research! #altcoins #APT #Binance200M
🚀🚀😱Crypto Analyst shared a Surprise Analysis. According to this analysis, FLOKİ will experience a record rise😱🚀🚀
The analyst says $FLOKI could head much after forming a cup-and-handle pattern, a bullish technical indicator.
“Don’t need a fancy chart here. Just look at #FLOKI zoomed out.
Retesting its 2021 all-time high. Clean high time frame cup and handle. BNB is on the verge of price discovery. Memecoin super cycle. This sends to $10 billion plus on the next leg up easily.”
The analyst compares Floki’s current price pattern to another red-hot memecoin, #PEPE ($PEPE ), before its sudden rise. He also believes that Floki is benefiting from being based on Binance’s BNB Chain while BNB, the native token of the BNB Chain, is in an uptrend.
“Low timeframe FLOKI does look a lot like PEPE did before its last move higher. It has a similar narrative as well: PEPE being a high ETH beta meme play, FLOKI being a high BNB beta meme play.”
Floki, with a current market cap of $3.1 billion, is trading for $0.0003182 at time of writing, up more than 1,000% since trading for $0.0000269 four months ago on February 5th. #memecoins #altcoins
109 Trillion #SHIB Sell Wall Stops Shiba Inu From Hitting New Highs
Shiba Inu (SHIB) is in a triangle configuration that might cause a big move higher. The coin continues to trade in this triangle form, but on-chain data reveals a significant barrier wall that might prevent a short-term SHIB price gain.
IntoTheBlock data shows that 149,120 addresses holding 109 trillion SHIB coins form a fascinating resistance wall around $0.000027.
Shiba Inu Faces Major Challenge
After reaching $0.0000287 in late May, Shiba Inu fell to $0.0000237 in early June and has been trading between $0.000023 and $0.000026. Interestingly, ITB data links this price level to resistance worth watching. Bulls have failed to break past a big SHIB sell wall above $0.000026.
Many addresses might sell their shares and prevent price gains, creating tremendous resistance on the sell wall. This sell wall has investors holding between $0.000025 and $0.000030, however the most critical price is slightly around $0.000027.
Shiba Inu requires massive whale and retail investor purchasing power to break this sell wall. Fortunately, whale activity has increased in recent days, with one whale eating over 715 billion SHIB in hours.
SHIB Bulls Continue Push Shiba Inu hasn't reached $0.000030 in two months. Since its two-year peak in March 2024, many traders have sold despite bull accumulation. If Shiba Inu can break this big sell wall, its price might soar. Significant support at $0.000023 prevents SHIB from falling further despite the sell wall.
Current crypto market cap: $2.486 trillion. TradingView chart SHIB is down 5.35% in 24 hours at $0.00002392. As indicated, the current price movement resembled a triangle price chart structure. SHIB is testing the bottom end of the formation and may fall below $0.000023. A bullish reversal is probable, and the meme currency might climb to the triangle's upper end at $0.000028.