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Dogecoin Price Soars 6% As Elon Musk Reacts To Trump Cabinet Offer Turn $100 USD To 3000 USD, 30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Don’t miss this opportunity; join the pre-sale at the official website (PlayAiGames.Online) The dog-themed meme token Dogecoin soared nearly 6% today as Tesla & SpaceX CEO Elon Musk reacted DOGE to Donald Trump’s offer for a cabinet role if elected. Today, the American entrepreneur took to X, showcasing his readiness for the proposed offer, which he also named DOGE (Department of Government Efficiency). This event unfolds in the aftermath of the Republican’s recent statements, which hinted at plans to tap Musk for a cabinet role. Dogecoin’s price soared nearly 6% today, fueling enthusiasm in tandem with the Tesla CEO’s comments. Elon Musk Accepts Trump’s Offer, Names It DOGE The American entrepreneur posted on X today, August 20, claiming, “I am willing to serve,” indicating his readiness for a cabinet role. Further, he posted a pic of himself that read D.O.G.E (Department of Government Efficiency). This statement has echoed a bustle nationwide, hinting at Musk’s potential plans to join the Republican presidential candidate should he be elected. Meanwhile, a recent report by CoinGape Media spotlighted that Donald Trump offered the Tesla CEO a position in his cabinet or advisory team. Concerning this, another post by the American entrepreneur today stated that DOGE sounds like the “perfect name” for the potential cabinet role. Meanwhile, DOGE’s price soared nearly 6% in tandem with Musk’s statements, sparking investor enthusiasm globally. Dogecoin Price Soars As of writing, DOGE price soared 6% to trade at $0.1052 on Tuesday, August 20. The meme token’s 24-hour lows and highs were recorded as $0.09871 and $0.1055, respectively. #Dogecoin #Doge #ElonMusk #Memecoins #PowellAtJacksonHole $DOGE $BTC $BNB
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Altcoin Season in Jeopardy: Crypto Market Plummets as Ethereum & Solana Suffer The altcoin industry, led by Ethereum (ETH) and Solana (SOL), has significantly impacted the recent market crash fueled by major global stock indexes. Since early March this year, the altcoin’s market cap has slipped from around $1.27 trillion to around $866 billion on Monday. Despite the jubilant reaction to the approval of spot Ethereum ETFs in the United States, the overall impact has been notable cash outflows. Grayscale’s ETHE has registered a net cash outflow of nearly $3 billion since the approval last month. The US spot Ether ETFs have registered a net cash outflow of $420 million, as the current net assets under management are about $7.35 billion. More Pain for the Altcoin Industry Historical data shows that August and September are considered bearish months for the entire crypto industry, especially after the Bitcoin halving. Jump Trading’s ongoing sell-offs, which have liquidated many Ethereum holdings, have sent shockwaves through the altcoin industry. As of this writing, Jump Trading has over $60 million worth of Ether left in its holdings, which could be liquidated ahead. In addition to the recent Bitcoin sell-off by the United States government, which transferred 10k BTC to Coinbase for sale, the fear of further capitulation has significantly increased. The Ethereum’s fear and greed index has dropped to 34 percent, denoting heightened fear of further capitulation. #Solana #Cardano #Ripple #Altcoins #Crypto $SOL $BTC $ETH
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China’s Crypto U-Turn? Market Poised for Explosive Growth Amid Bitcoin Lull Period! Turn $100 USD To 3000 USD, 30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Don’t miss this opportunity; join the pre-sale at the official website (PlayAiGames.Online) As the summer lull continues in the crypto market, a series of intriguing factors and metrics suggest a big change might be coming in September. With Bitcoin currently moving sideways, some analysts predict a strong upward move in the fourth quarter. Meanwhile, whispers of China potentially unbanning crypto are adding to the anticipation, suggesting that the latter half of the year could bring major developments for the crypto space. China’s Crypto Unban? One of the most exciting news is the possibility that China may soon lift its ban on cryptocurrency trading. In a recent tweet post Justin Sun, founder of Tron, has hinted that China might allow its users to begin trading & mining in crypto. Earlier this year, China allowed crypto-related activities in Hong Kong, including the launch of ETFs and retail trading. If China extends these permissions to the mainland, it could inject a significant amount of capital into the crypto market, further fueling the bullish outlook for the remainder of the year. Bitcoin Stagnation: The Calm Before the Storm? The crypto market might appear stagnant at the moment, with Bitcoin largely trading sideways. However, macro investor Raoul Pal describes this period as the “boring zone,” with nothing substantial happening in the immediate term. Despite this, there are several positive indicators worth noting. The stock market, particularly the S&P 500, has experienced a V-shaped recovery on its daily chart, signaling potential strength ahead. The Relative Strength Index (RSI) for the S&P 500 isn’t even in the overbought zone yet, which is another encouraging sign. #CHINA #Bitcoin #PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 $BTC $ETH $SOL
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104 Million XRP Mysteriously Transferred as Whales Make Major Moves Turn $100 USD To 3000 USD, 30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Don’t miss this opportunity; join the pre-sale at the official website (PlayAiGames.Online) As reported by blockchain data tracker Whale Alert, a staggering 104 million XRP, valued at over $58 million, was mysteriously transferred in a single transaction. According to the data, the 104 million XRP was moved from an unknown wallet to a new unidentified address. In a tweet, Whale Alert reported that “104,400,229 XRP worth $58,217,603 transferred from unknown wallet to unknown new wallet.” This movement of XRP has drawn attention as it suggests whales — large holders of cryptocurrency — might be making significant moves in the market. The exact reason for the transfer remains unknown, however, it might suggest a shift to a more secure wallet or a preparation for a potential sale. The transfer could be part of a broader strategy by a whale to reposition their holdings in anticipation of market changes. Whale alert also flagged a major significant XRP move within the last 24 hours in which “21,891,000 XRP worth $12,296,807 was transferred from Bittrex to an unknown wallet.” XRP price action At the time of writing, XRP was down 0.66% in the last 24 hours to $0.564 and down 4.16% over the last seven days. XRP has been trading around $0.57 for the previous few days, signaling a battle between bulls and bears. A break and close above $0.58 might shift the short-term advantage in favor of buyers. If this occurs, XRP could rally to the overhead resistance level of $0.64. The bears have vigorously guarded the level in the past and may do so again. This short-term bullish outlook might be dashed if the XRP price falls below the 50-day SMA at $0.54. That might enhance selling pressure, pushing XRP near lows of $0.46. #XRP #Ripple #SEC #XRPvsSec #Altcoins $XRP $PEPE $BTC
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897 Billion Shiba Inu (SHIB) in 24 Hours: What Is Happening? Turn $100 USD To 3000 USD, 30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Don’t miss this opportunity; join the pre-sale at the official website (PlayAiGames.Online) Shiba Inu (SHIB) entered a new era this week with the launch of ShibTorch, the auto-burn portal on the Shibarium Layer 2 scaling solution. This update has triggered a significant uptick in several key milestones, including the large transaction count on the network. Shiba Inu whales go wild According to data from crypto analytics platform IntoTheBlock, SHIB’s large transactions over the past 24 hours have jumped by 3.56%, with a total of $11.85 million shuffled. Although this sum might be small in monetary terms, it represents over 897 billion SHIB moved in 24 hours. As measured by IntoTheBlock, whale transactions are those with values of $100,000 and above. In the past 24 hours, the data provider revealed that 30 transactions had been recorded within this period, down from a weekly average of 45. ShibTorch might have contributed to recovering from the massive plunge earlier in the week. Now, there is bullish sentiment that pushed Shiba Inu whales to a new accumulation frenzy. SHIB can use the automatic burn feature to pursue a more sustainable pathway toward shrinking its supply. This is a major catalyst for large holders, as they benefit the most from the value boost that might be expected in the long term. The activities of these whales have pushed the token’s price up 1.55% in 24 hours to $0.00001326, per data from CoinMarketCap. In the near term, the token is eyeing retesting $0.00002, a feat that, if achieved, will mark its highest level in over a month. #WIF #PEEP #BONK #BRETT #SHIB $PEPE $BONK $SHIB
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