Bitcoin will continue its uptrend despite cross pressure – Here’s why
Is BTC following the 2020 pattern?
Insight from analyst, Mister Crypto indicates that BTC is currently mirroring the technical pattern it followed in 2020, which led to a significant rally after the asset broke through the $20,000 resistance level.
According to this pattern, BTC first experiences a rally, then drops to form a bottom, followed by another rally that creates a symmetrical triangle pattern before an explosive upward move.
Currently, BTC appears to be in the midst of this sequence. After a rally, it has now retraced and forming a bottom—perfectly aligning with the previous cycle.
If this pattern continues, it could signal that BTC will eventually break through the $100,000 resistance level.
According to Hyblock Capital, Bitcoin is currently under significant pressure, with liquidity clusters both above and below its current price, creating a scenario where the asset could move in either direction.
Above, the liquidity cluster is between $99,700 and $102,300, while below, it spans from $88,100 to $89,300.
Liquidity clusters often act as price magnets, drawing the market toward these levels to clear out orders before continuing its trend.
AMBCrypto’s analysis suggests that BTC is more likely to break upward, clearing the cluster above, rather than decline. This view is supported by the funding rate and long-to-short ratio.
The Funding Rate, which tracks the balance between long (buyers) and short (sellers) positions, has increased, signaling that buyers are gaining control. At 0.0206%, this suggests continued upward momentum.
Additionally, the long-to-short ratio shows more long positions than short positions, with a reading of 1.0090, reinforcing the bullish sentiment.
Here's How Much $100 Invested In XRP Token Today Will Be Worth If Crypto Returns To All-Time Highs
The cryptocurrency XRP Token XRP/USD from Ripple has soared in price over the last week, with optimism coming from an XRP exchange-traded fund and news that Ripple will invest in a newly rebranded Physical XRP ETP.
While Ripple has hit new 52-week highs, the cryptocurrency remains down from all-time highs.
What Happened: Asset manager WisdomTree recently filed to establish a trust that could lead to the launch of an XRP ETF.
This move follows others like Bitwise who have already filed to launch similar ETFs. On Wednesday, Ripple announced it would invest in the new rebranded Bitwise Physical XRP ETP.
“Global demand for exposure to the crypto asset class has exploded in 2024,” Ripple CEO Brad Garlinghouse said in a statement. “XRP is at the forefront of this momentum, standing out as a cornerstone for those seeking access to assets that are resilient and have real-world utility.”
Bitwise CEO Hunter Horsley said XRP's utility and reliability are among the reasons investors are excited about XRP.
“XRP and the XRP Ledger are among the most familiar and trusted blockchains in crypto," Horsley said.
A $100 investment today could purchase 66.2252 XRP.
XRP hit an all-time high of $3.84 on June 4, 2018.
If XRP returns to its 2018 all-time high of $3.84, the $100 investment would be worth $254.30. This represents a potential gain of 154.3%.
There is no guarantee that the XRP Token will return to its all-time highs.
The hypothetical investment shows that a small investment could gain over time if the cryptocurrency market returns to its high mark.
Will Bitcoin Reach $100,000? Dogecoin Founder Shares Take
One of the two Dogecoin founders, Billy Markus, who created the iconic meme cryptocurrency, Dogecoin, in collaboration with Jackson Palmer, has commented on the recent Bitcoin price surge. While responding to a comment under his tweet, Markus, who is also known on social media as Shibetoshi Nakamoto, shared whether he expects BTC to finally reach $100,000 after all. Markus's "Bitcoin $100,000 prediction" Commenting on the recent Bitcoin surge, when it went up from $92,956 to the $96,252 level, adding $4,609, Shibetoshi Nakamoto tweeted sarcastically: “It lives!”
Between Monday and Tuesday this week, the largest crypto plunged from the $98,670 zone, hitting a low of $90,900. By Wednesday, Bitcoin recovered, adding 7.12% as it managed to reach $97,353. Since then, the digital gold has shed 2.37% and is currently changing hands at $95,058. Multiple traders are now locking in profits, preventing Bitcoin from reaching $100,000. Recently the founder of Capriole Investments fund referred to this level as the biggest sell wall that has ever existed.
Data shared by the blockchain tracker Shibburn has revealed that, in the last day, the SHIB army has managed to shovel another big meme coin lump into “inferno” wallets, removing tens of millions of SHIB. This high result increase was achieved largely thanks to a massive single SHIB burn. This has coincided with a rigorous attempt by the SHIB price to surge, which ultimately failed, bringing the price back to the spot from where it spiked on Wednesday. SHIB burns over 5,000% up According to the above-mentioned data source, over the period of the last 24 hours, the SHIB community has succeeded in disposing of 61,468,595 SHIB meme coins in total. This triggered a massive surge in the burn rate, as it jumped by 5,154%.
This large amount of SHIB was sent to unspendable blockchain wallets in seven transfers. The largest one carried 48,266,929 SHIB, which constituted roughly 80.95% of the total amount of the burned coins. This transfer was performed by an unknown wallet seven hours ago.
Meme coins had a strong performance in November, helped by the risk-on sentiment in the crypto industry. Pepe Coin price was one of the top performers as it more than doubled in value. So, how high can the third-biggest meme coin jump in December?
Pepe Coin Price Has Positive Technicals
Technical analysis of the Pepe Coin price points to a potential comeback now that it has dropped for two consecutive weeks. The token formed a cup and handle pattern between May and November this year.
A C&H pattern forms when an asset forms a rounded bottom. In this case, the upper side of this cup was at $0.00001717, which broke out on November 13. Ideally, when this breakout happens, traders estimate the next target by measuring the depth of the cup. In the depth was about 65%. As such, if we measure 65% from $0.00001717, we estimate that the coin will rebound to $0.000028.
Pepe price has formed two other bullish patterns. First, it has created a falling wedge pattern, which has two falling and converging trendlines. This pattern often leads to a strong bullish breakout when the two lines are about to converge.
Second, Pepe coin price has formed a break and retest pattern. This pattern forms when an asset breaks above a key resistance point – in this case, $0.00001717 – and then retests it. It retested it on November 26 and formed a morning star candlestick.
Therefore, a combination of these patterns and the fact that it has remained above 50-day moving average, means that the coin will rebound in December, and possibly hit the C&H target at $0.000028. This view, however, will become invalid if the coin drops below $0.000016, a few points below the upper side of the cup.
Pepe Could Be In An Accumulation Mode
Most crypto analysts following the coin have a bullish view and expect it to stage a strong rally. In an X post, Wyckoff Insider noted that the coin was in the re-accumulation phase.
4 Altcoins Under $0.1 With 5000% Potential in 2025
Discover 4 altcoins under 0.1 USDT, including DOGE, SHIB, MTAUR, and FTM, with potential for 5000% surge by 2025. With the crypto market preparing for the next bull run, cheap altcoins are on the rise as the next big opportunities. Below are four altcoins priced at less than 0.1 USDT that, could generate up to 5000% benefits by 2025 for buyers who want to surge their holdings.
Dogecoin (DOGE): Meme Coin Power with Bullish Momentum Dogecoin which is presently priced at 0.39 USDT is still among the leading cryptocurrencies in circulation. Analysts including Master Kenobi have set their price target at 2.8 USDT within this bull market cycle.
Shiba Inu (SHIB): Meme Coin with Surging Utility Shiba Inu (SHIB) which is priced at below 0.00001 USDT has surged beyond being a meme coin. Shibarium, Layer-2 network that has provided the ecosystem with scalability, and ShibaSwap that has introduced facilities like staking, yield farming as well as token exchange. At press time, SHIB was priced at 0.0000242 USDT, a 7% decline from the intra-day high.
Minotaurus (MTAUR): Blockchain Gaming’s Rising Star Minotaurus (MTAUR) is relatively a new entrant in the blockchain game industry and is currently priced at 0.00006003 USDT during the presale stage. The token fuels the Minotaurus ecosystem that includes purchasing in-game items, purchasing avatars and unlocking additional features.
Fantom (FTM): A Strong Player in DeFi and dApps Fantom (FTM), priced at 0.95 USDT, has been a standout performer in November with a 48% rally in market value. Known for its fast and scalable blockchain, Fantom powers a surging number of decentralized applications (dApps) and DeFi platforms.
Turning $750 into $1500000: In 2021 It Was Shiba Inu, In 2023 Pepe Coin, Which Penny Token Will Be the Next?
There are exciting success tales abound in the realm of cryptocurrencies; some little investments can become life-changing sums. Meme coins have lately gained especially notoriety for their dramatic price swings, which turn early investors into billionaires. Shiba Inu (SHIB) was the token that made a meager $750 investment pay off to generate $1.5 million. Two years later, Pepe Coin ($PEPE) had a comparable rise. Now, a fresh cryptocurrency is attracting investors’ attention: Rexas Finance (RXS), which has great potential returns and is likely to follow Shiba Inu and Pepe Coin.
Shiba Inu (SHIB) in 2021 Originally a meme coin meant as a lighthearted substitute for Dogecoin, Shiba Inu began as such. But in 2021 it surged in value, being among the most often discussed cryptocurrencies of the year. Thanks to viral social media advertising, celebrity sponsorships, and the general crypto market boom—which helped the coin get traction—the price of SHIB shot through.
Explosive Rise of Pepe Coin in 2023 Another meme coin shocked the crypto scene in 2023: Pepe Coin ($PEPE). Launched in April 2023 during the depths of the crypto winter, Pepe Coin started trading silently and few people anticipated it would be the next major trend. But the token burst in value a few weeks later. Rexas Finance (RXS): The Next Penny Token with Millionaire-Maker Potential These days, the emphasis is on Rexas Finance (RXS), a new cryptocurrency many think might copy the success of Shiba Inu and Pepe Coin. At under $0.09 right now, Rexas Finance is positioned as the next great prospect for anyone looking for life-changing profits.
This Public Company's Stock Price Just Doubled After Revealing Bitcoin Buying Plan
Yet another publicly traded company says it's going all in on Bitcoin—and immediately reaped the benefits.
SOS Ltd, a China-based cloud computing and crypto mining firm, announced on Wednesday morning that it plans to buy $50 million worth of BTC. Within minutes, the company’s stock shot up over 97%, to $13.81, nearly doubling in price.
The NYSE-traded stock, SOS, has since fallen to $12.79—still up 84% on the day.
“This move highlights SOS Ltd. efforts to expand digital asset investments,” the company said in a statement. “SOS believes Bitcoin is not only a cornerstone of the digital asset ecosystem but also has the potential to become a key global strategic reserve asset.”
In the weeks following Donald Trump’s re-election in the United States, Bitcoin’s price has exploded, reaching a new all-time high price above $99,000 last Friday. This spike has led several publicly traded companies to invest heavily in the world’s top cryptocurrency.
Those moves have already paid off handsomely. Rumble, a right-leaning video streaming platform, announced a $20 million Bitcoin treasury on Monday; the company’s stock is up nearly 17% since last week. Earlier this month, the AI firm Genius Group released plans to buy $120 million worth of the world’s top cryptocurrency, sending its stock soaring 79% on the news.
All of those companies are arguably following the example of MicroStrategy, the decades-old software company which began aggressively buying up digital gold back in 2020. At present, the company owns some $37.6 billion worth of BTC, a treasure trove that constitutes 1.84% of the token’s total potential global supply.
Since buying its first Bitcoin four years ago, MicroStrategy's stock price has ballooned by over 2,397%.
Solana memecoin trader turns $160 into $5.6M with viral token
A Solana-based memecoin trader turned a $160 investment into millions after buying tokens tied to a viral internet meme.
Data from Solana’s blockchain explorer Solscan shows that on Nov. 15, a wallet made two purchases of the Just a chill guy (CHILLGUY) memecoin.
The trader exchanged 0.50 Solana SOL tickers down $239.85 , worth around $107 at the time, for 9.6 million CHILLGUY tokens on the Solana memecoin generator platform Pump.fun. Hours later, the trader added another 0.246 SOL (about $51) for 2.8 million tokens.
The CHILLGUY token launched on Nov. 15 on the Solana blockchain, riding the wave of the viral “Just a chill guy” meme that gained popularity on social media. The token’s value surged, reaching a peak market capitalization of $643 million by Nov. 27. At the time of writing, the memecoin trades at $0.58.
Blockchain data suggests the trader sold 2.8 million tokens early for 149 SOL, about $35,000 — missing out on a potential $1.6 million profit. However, the trader still holds 9.62 million tokens, now valued at about $5.6 million.
Just a chill guy artist threatens legal action against tokens
While some traders profited from the token’s success, the artist behind the Just a chill guy character has publicly denounced its unauthorized use.
On Nov. 21, the artist, known as PhillipBankss on X, said he had already copyrighted the chill guy character. The artist said he will issue takedowns for for-profit use of the art in the next few days. The artist previously said that he neither endorsed nor consented to the artwork being used in crypto assets.
Despite the artist’s objections, community members on X say enforcement may be challenging. Some said that memecoins based on decentralized and anonymous launches are difficult to regulate or shut down.
Wondering which memecoin will explode next? Check out our top picks and learn why 888 is the best memecoin to invest in right now during the bull run. The crypto bull market is back and memecoins are here to change lives.
Whilst quite a statement, it’s undeniable that a sizable amount of millionaire-making memecoins have made their way onto the scene. Be it Dogecoin ($DOGE) leading the way since 2013, pioneering newcomers 888 ($888) and SPX6900 ($SPX), or early-2024 successes Bonk ($BONK) and dogwifhat ($WIF), 100x+ returns have already been made in abundance.
Better yet, Bitcoin is still yet to reach $100,000, signalling that the 2024 bull run – and beyond – has a lot more in store.
With this life changing opportunity on the cards for all global crypto traders, finding the next big memecoin is the question everyone is asking. This is because whilst leading altcoins such as Solana ($SOL), Ethereum (($ETH), and XRP ($XRP) present opportunities to join crypto’s DeFi race, memecoins are an asset class that can gather momentum like no other. The result…life-changing returns for those who do their due diligence.
Therefore, with due diligence at the forefront of all research tasks, we uncover exactly what everyone’s after; the next memecoin to explode.
Of course, there are several contenders, which is why this list explores 5 of the next memecoins to pump in price. Whilst all life-changers in their own rights, coming out on top is a heaven-bound token with luck on its side, 888.
5 Memecoins to Explode in 2024 & 2025 888 ($888) – A Memecoin With Life-Changing Plans Dogecoin ($DOGE): Memecoin OG Yet to Fulfil its Full Potential SPX6900 ($SPX): Another Invisible Magnet to the Millions Bonk ($BONK): A 2024 Success Wanting More POPCAT ($POPCAT): Another 2024 Success Story 1. 888 ($888) – A Memecoin With Life-Changing Plans First on our list of contenders for the next memecoin to explode is the holy 888 ($888), an innovative Solana-based memecoin that’s garnered significant organic interest thanks to a unique and globally-resonating meme concept.
Bitcoin’s price fell back to $91,000 Tuesday afternoon as the leading cryptocurrency reversed course on some recent gains following Donald Trump’s election win.
After surpassing $98,000 last week, the cryptocurrency’s value dropped more than 6% in the past 24 hours. The reversal has temporarily dashed hopes of Bitcoin hitting the $100,000 mark this week.
And when Bitcoin sinks, other popular digital assets tend to follow suit. Over the last day, Ethereum — the second-largest coin by market capitalization — was down 5%, to $3,300. Solana fell more than 9%, and Elon Musk’s preferred Dogecoin shed almost 12% in value.
The wider crypto market has sunk 6.25% in the past day for a $3.16 trillion market cap. Bitcoin has driven much of that, alone having a market value of about $1.8 trillion. That makes it the world’s eighth-largest asset, pulling ahead of silver with a $1.7 trillion market cap. Bitcoin still falls well short of gold, which is valued at $17 trillion.
Bitcoin has been on a rally since Trump, who positioned himself as the “crypto candidate,” won a second term in the White House earlier this month. Bitcoin has gained almost 35% in value since the election.
The ascent was accelerated by the debut of Bitcoin ETFs (exchange-traded funds) options last week, which represented a pivotal moment in the cryptocurrency industry. These options bridge the gap between the decentralized world of digital assets and traditional finance by offering institutional investors a more familiar and regulated way to access Bitcoin. The ETFs are expected to drive further adoption and liquidity in the market.
Despite broader acceptance by more traditional investors, the crypto market remains volatile and can rise rapidly — but retreat just as quickly. That may help to explain why the digital asset has shied away from the long-awaited $100,000 milestone after getting so close last week.
Technicals show that a bullish case for the XRP price can be made. On the weekly chart, the coin has recently made a bullish breakout above $0.9351, its highest level on June 10. This was an important level since it was the neckline of the slanted triple-bottom pattern. Ripple price has also formed a golden cross as the 50-day and 200-day moving averages have crossed each other, while the Average Directional Index (ADX) has pointed upwards. Therefore, the next resistance level to watch will be at $1.97, its April 2021 high followed by its all-time high of $3.54. A break above the all-time high will increase the odds of the coin soaring to the psychological important level at $5. If bulls clear $5, then a move towards $10 will be possible.
XRP needs to rise by almost 800% from the current level to $10. As such, with the year having 41 more days to go, this will be an uphill task to accomplish. The most probable targets for the year will be at most $5, which is a big move from the current level. The bullish view will become invalidated if the coin drops below the psychological level at $0.50, which also coincides with the ascending trendline.
Crypto analysts are also optimistic that XRP price is primed for a strong bullish breakout in the near term, with some expecting it to get to $10. One of the most bullish cases has been that the coin has formed a seven-year bullish pennant, which is characterized by a long flag pole and a symmetrical triangle pattern. In most periods, this pattern leads a strong bullish breakout. In an X post, Crypto Michael, a popular analyst with 55k followers, noted that he was fascinated by Ripple’s seven-year bullish pennant pattern.
This year, Bitcoin has seen one of the biggest price pumps in its history. Currently ranked as the seventh most valuable global asset, Bitcoin also rivals the market capitalizations of the world’s largest corporations. With BTC price currently traded at almost $100,000, most analysts anticipate the price to exceed this level. Looking ahead, these dynamics suggest that Bitcoin could see substantial growth in 2025, driven by a mix of macroeconomic conditions, institutional participation and seasonal market behavior.
Bitcoin’s price has been conditionally “overheated” in the past when it exceeded its 200-day moving average by 100% or more. This wasn’t the case in March, so there was no “bubble burst.” Instead, the market experienced a typical correction for this volatile asset, followed by a trend resumption. Currently, the gap between the price and the 200-day moving average is even smaller than it was in March — 40% compared to 70%. This suggests that there’s little reason to label the current market a “bubble.” The Bitcoin Seasonality chart currently indicates that BTC is nearing a local peak, coinciding with the $100,000 level. This development is further underscored by a sharp 16% one-day drop in MicroStrategy (MSTR) shares, a reliable leading indicator during Bitcoin's recent rally
Ark Invest bets on Bitcoin: Price prediction 2030 Ark Invest CEO Cathie Wood expressed optimism about Bitcoin's ongoing bull market, citing on-chain analytics and broader market analysis as evidence of its strong position. She reaffirmed her optimistic outlook on Bitcoin, predicting a base price of $650,000 by 2030, with the possibility of reaching as high as $1.5 million under more favorable circumstances. She highlighted that following Bitcoin's halving event in April, the cryptocurrency's supply growth rate dropped to 0.9%.
Here’s Dogecoin Price if Bitcoin Hits $1M as Predicted by Bernstein
Dogecoin exhibits promising potential in a market where Bitcoin trades in the $1 million price range.
In the past few weeks, Dogecoin has effectively capitalized on Bitcoin’s momentum in the ongoing bull market. At press time, Dogecoin is trading above $0.42 following a 213% price surge over the last four weeks.
Meanwhile, Bitcoin’s value has advanced by 45% during this time, hovering around $97,000. With Bitcoin expected to crack the $100,000 mark in the coming days and potentially rise to even loftier price ranges, market participants, particularly retail investors, are increasingly taking positions in Dogecoin to benefit from the buoyant market.
Dogecoin Price if Bitcoin Hits $1M
Estimating Dogecoin’s precise value if Bitcoin reaches $1 million is challenging. However, assuming proportional price growth alongside Bitcoin’s, a 930% increase from Dogecoin’s current value of $0.4250 would raise its price to around $4.38.
While this is a rough estimation, it likely underestimates Dogecoin’s potential in a market where Bitcoin is worth $1 million.
Some market analysts believe that even a $10 price for Dogecoin is possible in the current market season, let alone by 2033, when Bitcoin is expected to reach $1 million.
Furthermore, Dogecoin has historically outperformed Bitcoin by a significant margin. For example, Bitcoin has risen by 131% in the past year, while Dogecoin has surged by 380% during the same period.
This suggests that rather than merely mirroring Bitcoin’s 930% growth to $1 million, Dogecoin could experience growth at a rate four times that, potentially bringing its price to nearly $20.
7 Altcoins That Will Hit a $10 Billion Market Cap in the Coming Bull Run
Today, the global crypto market is worth over $3.4 trillion, with many predicting $5 trillion by year's end. As investors brace for the next bull run, some low-cap altcoins are seeing exponential growth. Seven of them stand out as strong competitors for the desired $10 billion market cap.
Rexas Finance (RXS) Rexas Finance introduces a novel approach to real-world asset (RWA) tokenization using blockchain. As an asset tokenization pioneer, Rexas Finance bridges conventional and decentralized finance.
Pepe Coin (PEPE) Pepe Coin has grown in popularity as a meme coin, but its fundamentals are stronger than they appear. Pepe is trading at $0.00002 as of this writing, demonstrating resiliency in a tumultuous market. The coin just achieved an all-time high trading volume of $5.4 billion, thanks to whale accumulation and exchange listings on Coinbase and Robinhood.
Sui (SUI) The native token of the Sui Network, SUI has seen a notable increase and peaked in November at $3.92 all-time.
Aptos (APT) Aptos (APT) has recaptured its Q1 levels and is trading at $11.79 as of writing, with a market cap of $6.4 billion.
ChainLink (LINK) Chainlink is trading at $14.71 as of this writing, with a market cap of $9.3 billion. The coin has broken out of an extended consolidation zone, and technical analysis shows it could surge above $35.
Stellar (XLM) Stellar has grown by 160% in the past months. Currently trading at $0.20 with a market cap of $7.4 billion as of writing, the token has established a positive "Adam & Eve" pattern by surpassing important resistance levels.
Litecoins (LTC) One of the first cryptocurrencies, Litecoin, looks set to mount a notable rally. Trading at $82 with a market capitalization of $6.7 billion as of writing, LTC has gained consistently since its use in peer-to-peer payments makes sense.
Peter Schiff reveals who pumped Bitcoin (BTC) to $99,180 Bitcoin's outstanding rally to the high of $99,180 on Friday, Nov. 22, garnered attention not only from the flagship crypto's aficionados, but also from its critics. Thus, Peter Schiff, Bitcoin's very vocal opponent, took to social media to comment on the BTC price surge, attributing it primarily to MicroStrategy's aggressive acquisition strategy. Schiff noted that MicroStrategy raised $3 billion through convertible debt in order to increase its Bitcoin holdings. He suggested that this capital influx may have propelled the crypto's price upward. Concluding his X post, Schiff wrote that the game will end when MicroStrategy "runs out of dreamers willing to lend it money and buy its overpriced shares." Peter Schiff is known for his frequent attacks on Bitcoin; he consistently labels it a speculative bubble, highlighting the significant role that institutional players, like MicroStrategy, influence BTC's price dynamics. Despite the current rally and high trading activity, Schiff's comments highlight the possible risks of price fluctuations if demand from large investors decreases or economic conditions shift. XRP failed skyrocketing: $2 ready? Last weekend, the market saw XRP breaking through the $1.50 resistance and briefly reaching $1.60. However, the excitement was short-lived as sellers pushed the price back below $1.15, suggesting a possible fakeout, a scenario where the price appears to be on a sustained trend after breaking above or below a critical level, but then it quickly reverses course. XRP's inability to maintain levels above $1.50 might indicate diminishing buying power or an overextended rally, leading to increased volatility as traders reevaluate their holdings. The $1.50 level remains a key resistance point, and a consistent breakout beyond this could set the stage for XRP to potentially reach $1.80 or $2.
Dogecoin Foundation Reveals 2025 Ambition: Details
The Dogecoin Foundation, a nonprofit organization developing open-source products for the Dogecoin ecosystem, recently declared an ambitious target for 2025. Since 2021, the Dogecoin Foundation has stated that its goal has been to increase the adoption of Dogecoin as a useful currency for everyday payments. It proposes to do this by developing the infrastructure and tools required for businesses worldwide to adopt Dogecoin and exploring ways to make Dogecoin more scalable and efficient as a global means of exchange for all humanity. In keeping with this goal, Dogecoin is working on various projects that benefit the Dogecoin community.
Dogecoin Foundation reveals 2025 ambition The Dogecoin Foundation says it plans to continue its open-source work in 2025, particularly through the new Dogebox Decentralized Infrastructure System, which is the culmination of development across many projects and the vehicle it envisions for onboarding the first million grassroots retailers to accept Dogecoin as a direct payment layer.
Shiba Inu (SHIB) Millionaire Moves Into Rival Priced at $.09, Confident It Will Reach $10 in the Next 77 Days
Once the poster child for the meme coin craze, Shiba Inu (SHIB) enthralled investors with its explosive ascent and encouraged hopes of huge riches.
The Decline of Shiba Inu (SHIB)
Declining whale activity has undermined Shiba Inu’s market appeal; this typically acts as a barometer for the state and potential of an asset. Introducing Rexas finance (RXS)
While Shiba Inu battles to remain relevant, Rexas Finance has become a lighthouse for those looking for actual value and growth possibilities. Approaching $0.10 during its presale, the RXS token has enthralled the crypto community with its innovative method of tokenizing actual assets such as real estate, artwork, and commodities.
The Shiba Inu millionaire’s switch to Rexas Finance shows a larger awareness of the declining returns from speculative assets such as SHIB. Currently, in its sixth presale level, Rexas Finance provides an entrance point for merely $0.08 per token. The initiative is fast gathering steam, with over 188 million tokens traded and $11.34 million already raised out of a $12.2 million goal. At $0.20, RXS tokens are planned to launch on three main exchanges in early 2025, offering a 150% gain to stage 6 investors. Still, the confidence of the millionaire goes well beyond this transient return on investment.
The Future of Rexas Finance (RXS)
Projects like Rexas Finance are positioned to flourish as the larger Bitcoin industry develops by providing actual answers for world problems. Its emphasis on RWA tokenization—a sector about to upend established finance—means that RXS is not only riding the wave of the next bull run but also creating a niche that will be important long after the hoopla passes. The move of the Shiba Inu millionaire emphasizes the change in market attitude from speculative to utility-driven assets.
Sudden Panic Sparks $200 Billion Bitcoin And Crypto Price Crash
The bitcoin price has crashed toward $90,000 per bitcoin, down from almost $100,000 on Monday. The crypto price correction has wiped around $200 billion from the combined $3.2 trillion market.
Now, after a leak revealed a huge Wall Street earthquake could hit bitcoin next year, traders are nervously eyeing how low the bitcoin price could fall after crypto billionaire Michael Novogratz warned it could drop to $80,000 before bouncing back.
"There’s a ton of leverage in the system right now," Novogratz, the chief executive of crypto financial services company Galaxy Digital, told CNBC. "The crypto community is levered to the gills, and so there will be a correction."
Novogratz predicted the bitcoin price could drop back to around $80,000 per bitcoin but said he didn't expect it to fall under this level—where it was trading ahead of Trump's presidential election victory that signaled a "paradigm shift" for crypto regulation.
"The entire cabinet almost owns bitcoin, and are proponents of digital assets," Novogratz said of the incoming Trump administration, adding he believes it's inevitable that bitcoin eventually crosses the $100,000 per bitcoin level.