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🕵️Shiba Inu ( #SHIB ) Community Receives Critical Alert, What It Concerns 👀🕵️ Dog-themed cryptocurrency Shiba Inu has grown in popularity over the years. Yet, with great popularity comes great risk, particularly from the shadowy corners of deceit and manipulation. It has come to light that the SHIB community must tread carefully amid a surge of paid promotions, as not all that glitters in the crypto universe is gold — or in this case, SHIB. Scammers have been quick to capitalize on SHIB's meteoric rise, crafting elaborate schemes hidden within paid promotions. These nefarious actors create illusions of legitimacy by claiming affiliation with SHIB, preying on the uninformed and the overeager. In this light, " #Shibarmy Scam Alerts," an X handle dedicated to uncovering scams and protecting the Shiba Inu community, has issued a critical alert, urging Shiba Inu community members to beware of scams in paid promotions. Shiba Inu holders are urged to exercise caution and due diligence as scammers are using paid promotions in articles, especially on platforms like Yahoo, posing as legitimate investments. Many of these projects falsely claim to be related to the Shiba Inu ecosystem. Thus, the #shiba-inu community is advised to verify the authenticity of any promotion before engagement, especially those that require financial commitment. They should always verify information through the official SHIB website before taking action. If an offer seems too good to be true, it probably is. Shiba Inu set to gain 139% in March According to CoinGecko data, Shiba Inu (SHIB) is poised to conclude the month of March with a staggering 139% increase in value, marking remarkable price growth for the token and signaling renewed investor interest. $SHIB $DOGE

🕵️Shiba Inu ( #SHIB ) Community Receives Critical Alert, What It Concerns 👀🕵️

Dog-themed cryptocurrency Shiba Inu has grown in popularity over the years. Yet, with great popularity comes great risk, particularly from the shadowy corners of deceit and manipulation. It has come to light that the SHIB community must tread carefully amid a surge of paid promotions, as not all that glitters in the crypto universe is gold — or in this case, SHIB.

Scammers have been quick to capitalize on SHIB's meteoric rise, crafting elaborate schemes hidden within paid promotions. These nefarious actors create illusions of legitimacy by claiming affiliation with SHIB, preying on the uninformed and the overeager.

In this light, " #Shibarmy Scam Alerts," an X handle dedicated to uncovering scams and protecting the Shiba Inu community, has issued a critical alert, urging Shiba Inu community members to beware of scams in paid promotions.

Shiba Inu holders are urged to exercise caution and due diligence as scammers are using paid promotions in articles, especially on platforms like Yahoo, posing as legitimate investments. Many of these projects falsely claim to be related to the Shiba Inu ecosystem.

Thus, the #shiba-inu community is advised to verify the authenticity of any promotion before engagement, especially those that require financial commitment. They should always verify information through the official SHIB website before taking action. If an offer seems too good to be true, it probably is.

Shiba Inu set to gain 139% in March

According to CoinGecko data, Shiba Inu (SHIB) is poised to conclude the month of March with a staggering 139% increase in value, marking remarkable price growth for the token and signaling renewed investor interest.

$SHIB $DOGE

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🕵️$351 Million of Bitcoin (BTC) Mysteriously Shifted, Triggering Speculation 🕵️👀 In a move that has sparked interest in the cryptocurrency industry, 5,000 BTC worth about $351 million was mysteriously transferred between wallets. This large transaction has sparked curiosity as the Bitcoin price steadied above $70,000 after seesaw movements during the week. Crypto data tracker Whale Alert reports that "5,000 BTC worth $351,342,888 was transferred from an unknown wallet to an unknown wallet." The transaction involved a Bitcoin whale — a term used to describe holders of large amounts of cryptocurrency — who moved the substantial sum to another whale's wallet. As the crypto community watches closely, the true motive behind the transfer remains a mystery. Whether this is a prelude to a larger market development, simply a routine transfer, or an OTC transaction that occurs outside of a crypto exchange is yet to be determined. Bitcoin price steadies as halving nears Bitcoin, the largest cryptocurrency by market capitalization, seems stable, trading above $70,500, as outflows from the Grayscale Bitcoin Trust (GBTC) pick up again. At the time of writing, #BTC was trading up 0.86% in the last 24 hours to $70,895. Traders anticipate considerable price stability for Bitcoin in the next few weeks of April, especially in light of the upcoming BTC halving event. Between April 18 and April 21, BTC mining rewards will be reduced to 3.125 Bitcoins from 6.25 BTC. Halving, a technical event that occurs on the Bitcoin network approximately every four years, reduces the cryptocurrency's supply by half, resulting in scarcity. Historically, it marks the start of a new cycle and bull run, but this one appears slightly different. What distinguishes this halving is that Bitcoin has already eclipsed the high of the previous cycle, which has never happened before to this halving event, making forecasting the length of this cycle considerably more difficult. #BitcoinHalvingImpact #BTCHalvingApril2024 $BTC $ETH
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Shiba Inu's Shibarium Eyes 97% Decrease in Key On-Chain Metric: What Happened? 😱😱 #Shibarium , a prominent blockchain platform from #ShibaInu , witnessed a staggering 97.7% drop in transaction activity within just 24 hours. According to data provided by Shibariumscan, the number of transactions plummeted from 242,300 on April 9 to 5,630 on April 10. Remarkably, while Shibarium experienced this significant decline in transaction volume, other metrics within the Shiba Inu network remained relatively stable. For instance, the number of active accounts interacting within Shibarium has held steady at 72,000 over the past five days. Moreover, there has been a notable increase in the creation of new accounts, rising from 536 to 626. The sudden and substantial decrease in transaction activity has left many puzzled, prompting speculation regarding its cause. Some attribute it to Shibarium's status as a relatively young blockchain platform, characterized by rapid growth and occasional turbulence.  This theory suggests that such fluctuations may be inherent to the platform's dynamic development, including the diverse range of projects launched on it. This is not the first time the Shiba Inu network has encountered anomalies, as evidenced by previous instances of fluctuating transaction volumes. Despite these challenges, Shibarium continues to show resilience, with its total value locked experiencing a notable uptrend in recent times. While concerns may arise from the sharp decline in transaction activity, it is important to note the positive trajectory Shibarium is on. With steady progress and growing investor interest, Shibarium remains poised to solidify its position among the top layer-2 solutions in the blockchain ecosystem. $SHIB $DOGE
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🚨Dogecoin ( #DOGE ) Eyes XRP's Ranking, Can 10% Rally Propel It Forward? 👀🕵️ #Dogecoin (DOGE) price is on a dramatic resurgence today as it inches forward by 10% to bring its spot valuation to $0.1986. The dominant memecoin has soared by 3.68% in the past 24 hours and by more than 10% over the trailing 7-day period.The Run For XRP’s RankingThis current rally is an ambitious one for Dogecoin considering the state of the broader digital currency ecosystem. After more than a 7-day drawdown and erratic growth, For Dogecoin, the current growth outlook is one of the best of the top 10 digital currencies and notably much more than that of XRP. With its closer proximity to #XRP , Dogecoin is eyeing a move where it can beat the digital currency in terms of market capitalization. At the time of writing, Dogecoin’s market cap comes in at $28,700,396,274 ranking number 8 as against the $34,118,304,117 for XRP which places it at rank number 7. Though the difference is still quite large, should the trend where Dogecoin continues to far outshine XRP and the majority of the altcoin continues, this flippening may happen in no distant time.  Battle In Top 10 👊 For the longest time, only Bitcoin (BTC) and Ethereum (ETH) are guaranteed an unmovable spot as the largest and second-largest cryptocurrency by market capitalization. While there are projections that this might change in the future, the remaining altcoins have been recording different flips over the past year. Solana once flipped Binance Coin (BNB) as its price action was rejuvenated in the second half of 2023. In recent times, Toncoin (TON) has managed to displace Cardano to become the 9th most valuable cryptocurrency in the market. With the constant changes in valuation in the ecosystem, the Dogecoin - XRP flippening may happen sooner than envisaged. $DOGE $XRP
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The rise in inflation rates is shaking up Bitcoin! 🙄😕 Investors are surprised by the March Consumer Price Index ( #CPI ) report. This report shows a higher-than-expected increase. This news has called into question hopes of a series of interest rate cuts by the FED this year. Consequently, the bitcoin market has experienced turbulence. Let’s explore the impact of this situation on the crypto market. Persistent Inflation While a slowdown in inflation is eagerly awaited, March figures are out. Contrary to expectations, these figures showed an increase of 0.4%, exceeding the forecasts of 0.3%. Over a year, the CPI climbed 3.5%, above the 3.4% expected. It is considered a key indicator for Bitcoin enthusiasts. This higher-than-expected inflation had a direct impact on the price of bitcoin. It dropped by more than 1% to reach $68,200 in the minutes following the report’s release. Uncertain Prospects for Bitcoin Prior to this announcement, investors were expecting more accommodative monetary policies from the FED to be a bullish catalyst for bitcoin in 2024. Investors were expecting something entirely different. They anticipated that more accommodative monetary policies from the FED would be a bullish catalyst for bitcoin in 2024. However, the persistence of high inflation calls these expectations into question. Market participants have had to revise their forecasts, switching from around 5 or 6 rate cuts expected this year to only 2 or 3. The first could possibly be in June or July. The persistence of inflation in the United States has created an unfavorable context for bitcoin. It has shaken the hopes of a monetary easing that could have benefited crypto. Investors will now have to reassess their strategies in the face of these new market conditions. They will thus be waiting for clearer signs of the FED’s sustainable control over inflation. $BTC
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