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🔥 Shiba Inu’s Potential Rebound: Eyes on $0.000022 for Bullish Signal ● Shiba Inu’s recent price drop below $0.00002 signals potential further declines, though a bullish buyback remains a possibility. ● Key price levels at $0.000019, $0.000022, and $0.000023 will determine Shiba Inu’s near-term direction, with $0.000019 serving as critical support. ● Despite short-term volatility, Shiba Inu’s long-term growth prospects rely on sustaining community interest. Shiba Inu (SHIB) has witnessed a significant downturn, plunging below the crucial threshold of $0.00002. Despite this stark drop, the situation remains fluid as market bulls retain the capacity to initiate a potential buyback. Key price levels such as $0.000019, $0.000022, and $0.000023 now assume critical importance, each serving as potential areas of either support or resistance. The ability to sustain above $0.000019 in the short term is deemed vital; failure to do so could exacerbate selling pressures given its historical significance as a support level. However, optimism persists within the market, particularly with regards to a potential rebound if prices manage to recover to $0.000022 and $0.000023. Such a recovery would likely reinvigorate bullish sentiment and could attract fresh buying interest, potentially altering the current downtrend. The volatility of Shiba Inu’s price is often amplified by its robust social media presence and active community, underscoring the influence of sentiment shifts on market dynamics. Furthermore, the broader cryptocurrency landscape remains a significant factor, influencing Shiba Inu’s trajectory in both the short and long term. Looking ahead, Shiba Inu faces a forecasted decline of approximately 5.19% by July 20, 2024, according to CoinCodex’s analysis. This prediction reflects prevailing bearish sentiments aligned with a Fear & Greed Index indicating moderate greed at 60. $SHIB #SHIB

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✅ NBCUniversal Teams with Aptos Labs for Blockchain and Web3 Aptos Labs and NBCUniversal are teaming up to enhance fan engagement, loyalty, and gaming using blockchain and Web3 technology.NBCUniversal and Aptos must work together to bring blockchain applications to a wide range of media and entertainment assets to share with the company through Q3 of 2023. Aptos Labs has revealed that under co-founder and CEO, Mo Shaikh, it has made a key strategic development deal with NBCUniversal. Expected to disrupt fan engagement, fan clubs, loyalty, and gaming, this is the next stage of meaty collaboration with blockchain and Web3. 💬 Aptos Labs and @NBCUniversal are BACK for another installment of Hollywood magic! Get ready for the next chapter of the Aptos adventure at Universal Studios theme parks, and dive into new Aptos games inspired by this year’s blockbuster hits. Stay tuned—the @Aptos multiverse is. — Aptos Labs NBCUniversal has previously used Web3 and blockchain to engage fans during Halloween Horror Nights and incorporated blockchain in gaming experiences by Universal Pictures emphasizing different digital experiences interconnected in NBCUniversal platforms. Aptos Labs and NBCUniversal have yielded concrete outcomes, such as free Renfield the game and other Web3 initiatives tied to Universal Pictures movies. Beyond its partnership with Aptos Labs, NBCUniversal has engaged in other blockchain ventures, such as collaborating with MoonPay for an NFT-based scavenger hunt and releasing NFTs tied to classic films.Mo Shaikh, founder and CEO of Aptos Labs, was appointed to serve on the Digital Assets Markets Subcommittee of the CFTC’s Global Markets Advisory Committee. $APT #APT #Aptos

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👀 XRP Poised for Resurgence: Sustaining Above $0.46 Key to Near-Term Gains ● XRP faces resistance at the 26 EMA level post-bounce from $0.46, indicating a critical technical challenge. ● Despite losing the $0.50 support, XRP’s short-term outlook shows unexpected positivity. ● Regulatory uncertainties, including an ongoing lawsuit with the SEC, pose long-term risks for XRP’s performance. In the near term, maintaining a price above $0.46 is essential for XRP, acting as a crucial support level that could potentially spark a resurgence. This solid foundation might be pivotal for XRP’s recovery and further growth. Despite the recent loss of the $0.50 support, the short-term outlook remains unexpectedly optimistic. Currently, XRP faces resistance at the 26 EMA, which has emerged as a significant obstacle following a bounce from $0.46. Key resistance levels to monitor include $0.52 and $0.54. A breakthrough above these points could signal further upward momentum. The immediate goal for traders is to see XRP surpass the $0.52 resistance, which could pave the way for a possible rebound. However, there are concerns about XRP’s long-term performance, primarily due to enduring regulatory challenges, notably the ongoing lawsuit with the SEC. This legal battle casts a shadow over XRP’s future, making the asset’s trajectory uncertain. Negative developments in the legal arena could lead to sharp declines in price, emphasizing the importance of market sentiment. Despite these challenges, XRP has shown a degree of resilience. CoinCodex’s current price prediction suggests that XRP could rise by 20.66%, potentially reaching $0.591924 by July 20, 2024. This forecast, however, comes with mixed signals. Technical indicators currently show a bearish sentiment, while the Fear & Greed Index indicates a level of greed at 60. Over the past 30 days, XRP has recorded 14 green days out of 30, with a price volatility of 3.73%. $XRP #XRP

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📊 PEPE Has 80% Of Holders In Profit: How It Compares To DOGE & BTC PEPE Is Among The Coins With The Highest Profitability Ratio Right Now In a new post on X, the market intelligence platform IntoTheBlock has shared a chart that shows how the various top cryptocurrencies compare against each other regarding the percentage of holders carrying a net unrealized profit currently. The analytics firm has determined these percentages using on-chain data; the transaction history of each address on a given network can reveal at what price it received and how many coins it received, based on which an average cost basis can be calculated. Naturally, the addresses or holders with this cost basis below the current spot price are in the green. They would contribute towards the holders in profit metric for the blockchain. Now, here is the chart posted by IntoTheBlock, which shows how this metric is looking at the moment for various assets in the sector: As is visible above, Bitcoin (BTC) currently has the highest profitability ratio among the top coins, with more than 89% of its holders carrying gains. Ethereum (ETH), the second largest cryptocurrency by market cap, is also second on this list, with over 83% of the addresses in the green. The gap between these two isn’t much right now, and the analytics firm thinks the Ethereum spot exchange-traded funds (ETFs) could push the asset to reach new highs. The third cryptocurrency on the list is Tron (TRX), with around 82% of investors in profit. Interestingly, two memecoins make up for the rest of the top 5, but none are Dogecoin (DOGE), the original and largest meme-based token. The two memecoins in question are Pepe (PEPE) and Floki (FLOKI), with around 80% and 77% holders above water, respectively. DOGE is further down the list, with the metric at 75%. IntoTheBlock notes that this indicator data implies profitability is currently skewed towards large-caps and memecoins, with other altcoins waiting for breakthroughs. $PEPE #PEPE

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🤔 LayerZero price spiked after airdrop LayerZero (ZRO) price rallied after the highly successful airdrop. It jumped by almost 10%, reaching a high of $4.40. Its valuation was larger than many well-known brands like Flow, Ethena, Quant, and Ethereum Name Service. The token rallied even after the developers insisted that all claimants must pay 10 cents to support its ecosystem. The developers hope that the small fee will help it raise $18 million, which will go to the Protocol Guild. It also rallied after several tier-1 exchanges like OKX, ByBit and HTX started offering trading in LayerZero in their platforms and after it was listed on Binance, it fell. However, history suggests that the token’s price will pull back in the coming days as many airdrop recipients sell their tokens. Just this week, zkSync token crashed after its airdrop as most of its holders liquidated their positions. Most cryptocurrency prices rise shortly after the airdrop because of the hype among traders and then pullback in the next few days. In May, Notcoin’s price went parabolic and reached a high of $0.027 on its first day and then crashed by over 50% on the following day. Similarly, Sei jumped to 1 after its airdrop in August last year and then crashed to $0.09 within a few weeks. Therefore, there is a likelihood that the ZRO price will follow the same trajectory by dropping in the next few days. 🔸 Most tokens bounce back after initial sell-off On the positive side, most of these tokens tend to bounce back after the initial jump. After falling to $0.096, Sei eventually bounced back and reached a record high of $1.15. Similarly, Notcoin surged to a record high of $0.030 after the initial plunge. LayerZero has become one of the biggest airdrops this year. Headquartered in Vancouver, the platform runs a technology that enables applications to move data across multiple blockchains. #LayerZero_Labs $ZRO #ZRO

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