Don't Forget This Bot Telegram. PIXELVERSE Coming Soon Backed by Binance. Be the First to Earn in PIXELTAP.

Next Binance_launchpad upcoming.

Total Supply: 5B $PIXFI
✔️Network: ETH
✔️Backed by #binance #Ton
✔️Partner #trust_wallet #Param
✔️Miss #NOT- Grab #PixFi

📱 Earning From #TELEGRAM Bot (10%).

FOR Register : Put this link on google browser.

🔗 https://t.me/pixelversexyzbot?start=1304403528

💥Next Booming #Crypto_coin #PixFi_token

Coming Soon #PIXFI_TOKEN
🔥Backed by #Binance   
🔥Partner #Trust_wallet & #Param
🔥Support #Ton
✅Total Supply: 5B $PIXFI
🪩Network: ETH

📱 Earning From Mining TG Bot (10%).

FOR Register : Put this link on google browser.

🔗 https://t.me/pixelversexyzbot?start=1304403528

⌛Enter E-Mail
⌛Submit OTP ' That will send your E-Mail '
⌛Enter Ref code➕ 👉eriahnrplu
⌛Go Task and complete All task
⌛Add pet and feed pet
⌛Connect metamask
🛡Done.

🟢Check (#PIXFI) #Binance💯 in the last week of this month.
🟢Now is the competition time so work hard.
💥#PIXEL_VERSE on fire.

SHIB Price Prediction for June 21.

SHIB/USD.

The rate of SHIB has dropped by 0.64% over the last 24 hours.

On the hourly chart, the price of SHIB is on its way to the local resistance level of $0.00001826. If the upward move continues and the daily bar closes near the upper line, one can expect a breakout to the $0.000019 zone.

On the daily time frame, none of the sides is dominating. Such a statement is also confirmed by the falling volume.

In this case, ongoing sideways trading in the zone of $0.00001750-$0.000019 is the more likely scenario until the end of the week.

From the midterm point of view, the fall of SHIB is continuing after the previous candle's closure. If the situation does not change by the end of the week, there is a chance to see a test of the support of $0.00001519 soon.

SHIB is trading at $0.00001777 at press time.

Does Solana's Decline Mean It's 'Rugging In Slow Motion'?

Solana's continuous decline prompted one prominent crypto trader to express serious doubts about its future.

Bitcoin's What Happened: Prominent trader DonAlt has voiced his concern over the persistent decline in the value of Solana, despite stability. He noted that the cryptocurrency has been "rugging in slow motion," with "day after day after day red." He further stated that SOL is already down 37% against USD from its peak. This, he found particularly striking given that Bitcoin has been stable.

On the contrary, notable crypto influencer Altcoin Hunter expressed bullish sentiments on Solana, dismissing rumors of it being a "slow rug" and considering going long above $125. He dismissed the negative chatter around the cryptocurrency, referring to it as 'FUD' (Fear, Uncertainty, and Doubt).

The influencer highlighted the cryptocurrency's resilience, noting its ability to maintain support at $125. He pointed out that this was the fifth time in three days that SOL had bounced back, a trend he deems bullish.

Another prominent trader expects a reversal for Solana, although he did not specify when.

Why It Matters: Earlier on Friday, investment fund manager 3iQ Corp announced plans to launch North America's first Solana-based exchange-traded product (ETP) in Canada. This same fund manager was the pioneer in launching Bitcoin and Ethereum spot ETFs in Canada, ahead of the U.S.-launched futures ETFs for the two assets.

What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.

Cardano (ADA) Price Prediction for June 21.

ADA/USD.

The rate of Cardano (ADA) has dropped by 1.29% over the last 24 hours.

On the hourly chart, one should pay attention to the local support level of $0.3796. If the daily bar closes far from it and closer to the resistance, there is a chance to see a test of the $0.39 zone tomorrow.

On the bigger time frame, traders should focus on the candle's closure in terms of the nearest support level of $0.3772.

If sellers' pressure continues, there is a possibility of seeing a breakout, followed by a further drop to $0.3575.

From the midterm point of view, the situation remains bearish. If the bar closes with no long wick and below $0.3793, the energy might be enough for a move to the $0.35 range.

ADA is trading at $0.3794 at press time.

USDT on Tron Network Surpasses Visa's Daily
Volume: Details.

In a significant milestone for the cryptocurrency market, Tether (USDT) on the Tron Network has surpassed Visa in 24-hour trading volume.

According to data from Lookonchain, the
trading volume of USDT on the Tron
Network reached an impressive $53 billion
within a single day, exceeding Visa's
average daily trading volume of $42 billion.

Visa, the global payments giant, recorded a trading volume of $3.78 trillion in the first quarter of 2024. When broken down, this figure translates to an average daily trading volume of approximately $42 billion.

This milestone is particularly noteworthy given the established dominance of Visa in the payments industry. It underscores the rapid pace at which digital currencies are being adopted and the growing confidence that users place in them for conducting large-scale transactions.

The significant trading volume of Tether (USDT) on the TRON network indicates a shift in how value is being transferred globally. This trend is likely to continue as more users and institutions recognize the benefits of digital currencies.

As the cryptocurrency market continues to mature, such milestones as highlighted above are likely to become more frequent, indicating the wider acceptance and integration of digital currencies into everyday commerce.

In Tether-related news, Tether Holdings, the issuer of USDT, the largest stablecoin on the cryptocurrency market, has created a new synthetic dollar that is backed by gold, according to a corporate announcement on Monday.

Binance, the world's largest cryptocurrency by market cap, has also announced today that it has completed the integration of Tether (USDT) on the Toncoin Network.

Dogwifhat (WIF) Skyrockets 20% in Volume Amid Price Slump.

Dogwifhat (WIF) is showing no signs of gains in terms of price. However, the good news for its holders is that other indicators are giving bullish signals. Per CoinGlass, the trading volume of WIF has skyrocketed 20% over the past day. With this surge, its volume is standing at a whopping $879.75 million.

If we break it down, around $500.89 million of the total volume came from crypto exchange Binance and $166.40 million from Bybit, among others. This shows us that WIF has been seeing rising trading activity across multiple platforms.

But the most important thing to note here is that traders are showing interest in this meme coin even though its price is currently in a bullish phase. Traders are optimistic about Dogwifhat because they may be trying to buy the lows.

Moreover, the coin has a history of huge rallies, so these traders may be anticipating another price rally from WIF. Whatever the reason is, the rising trading activity is a positive sign for WIF, which may help it to overcome this bearish phase.

WIF price outlook.

As of this publication, the Dogwifhat price has plummeted 13.16% to $1.84. Additionally, the price has fallen 34.40% over the past month. This shows how bears have gained control over the sentiment, as seen in the broader crypto market.

However, there is hope left for the Solana- based meme coin. Per TradingView, the current RSI of WIF is 30.39. An RSI below 40 indicates that the coin is in an oversold market condition. Hence, Dogwifhat's current RSI is showing that there is a potential for a price gain in the short term.

Considering the surge in volume and the current RSI level, one can assume that the outlook for WIF is not bleak. Meme coins like WIF have always shown their potential with massive price rallies. While volatility is expected, WIF still has the potential to rebound from its current levels.

Here's Who's Selling Bitcoin (BTC) Right Now, Pushing Price Down.

It seems that Bitcoin's selling pressure is through the roof again as the first cryptocurrency dropped below $65,000, with more than $140 million liquidated. However, the main source of selling pressure might not have been so obvious.

Recent price action indicates that Bitcoin is having difficulty maintaining its hold above important support levels. With a break below the 50 EMA and an approach to the 100 EMA, the daily chart shows an extreme decline. There is also growing bearish momentum indicated by the RSI.

The fact that Coinbase is the source of the selling pressure is crucial. The Coinbase Premium Gap, a measure that contrasts the price of Bitcoin on Coinbase Pro with those on other exchanges, is significantly negative, suggesting that Coinbase is currently executing orders of institutional investors who are willing to sell their holdings.

The lengthy period of miner capitulation is also clarified by Willy Woo's analysis. As indicated by the Bitcoin Hash Ribbons, which show periods of stress and recovery for miners, we are currently experiencing a record-breaking amount of miner capitulation. Woo says that when the hash rate starts to rise again and weak miners leave, Bitcoin usually bounces back.

In a similar vein, the volume of big USD transactions has drastically decreased, suggesting that major players are scaling back or selling their holdings. The Bulls and Bears indicator which indicates a preponderance of bearish addresses highlights the bearish sentiment even more. It appears that more investors are selling rather than buying as the gap between bullish and bearish addresses has widened.

The combination of these data suggests that there are multiple sources of selling pressure. With enormous amounts of Bitcoin being sold on the platform, Coinbase seems to be a major driver. Furthermore, as miners sell off their holdings to pay for operating expenses, the extended miner capitulation phase intensifies the selling pressure.

SHIB on Verge of Breakout? Here's What Shiba Inu Insider Says.

In a recent tweet, the Shiba Inu team's marketing lead, Lucie, addressed the SHIB army as she was pondering whether the SHIB meme coin is about to enter the "optimism,” stage, which promises a major price surge.

The next stages after "optimism" are "belief,” "thrill" and "euphoria," with price jumps even higher.

SHIB executive hints at possible surge soon.

Lucie published a screenshot of the "Wall Street Cheat Sheet," which shows all the psychological stages of a market cycle reached by assets, with all the ups and downs - disbelief, hope, optimism, belief, complacency, anxiety, denial and several others.

Lucie believes that Shiba Inu might be about to enter the "optimism" stage, which is characterized by a notable price increase. This step on the diagram is described as, "This rally is real."

"Optimism" is followed by "belief" ("Time to get fully invested," the diagram says), then comes "thrill” (“I will buy more on margin. Gotta tell everyone to buy!"), and "euphoria" (accompanied by slogans: "I'm a genius! We're all going to be rich!”).

SHIB price action.

The reaction of the SHIB army to that statement was mixed, with many optimistically agreeing with Lucie and expecting a price increase soon. However, many SHIB fans in the comments also expressed their doubt and uncertainty about Lucie's assumptions.

After the massive 11% decline that SHIB saw on Tuesday (with a large red hourly candle), the second largest meme cryptocurrency has been trading sideways, moving in a range between the $0.00001772 support and the $0.00001891 resistance, striving to break through the latter.

SHIB burns soar 530%.

Meanwhile, a major Shiba Inu metric, the burn rate, has demonstrated an impressive 530% increase over the past 24 hours. Thus, a total of 37,534,163 meme coins were transferred to unspendable blockchain addresses.

Out of 13 transactions, six were made from the same -d3e43 wallet, as it burned 15.8 million SHIB. The largest transaction, made by another wallet, carried 10,027,548 SHIB.

CYBRO Presale Rapidly Approaching $1 Million with 25M Tokens Already Sold Out.

CYBRO is a one-of-a-kind marketplace that amplifies the native yield potential of the Blast blockchain. CYBRO offers early investors to enter the project on favorable terms by joining the unfolding CYBRO token presale, which is set to hit $1 million as excitement builds within the crypto community.

At this stage, CYBRO tokens are available at discounts of over 2 times off their future market price, generating a generous ROI of 140%. Additionally, those investing a minimum of $1,000 in CYBRO during the presale will unlock weekly ETH rewards, available for withdrawal after the TGE. Moreover, CYBRO's referral program, active until July 15th, offers up to 12% extra earnings from token purchases across three referral levels, with weekly USDT payouts and double CYBRO Points for referees' first deposits.

The CYBRO token will unlock cashback in CYBRO, discounted fees for trading and lending operations, staking rewards, an exclusive Airdrop, and the Insurance Program. This solid utility will set a strong base for CYBRO to rise in value post-TGE in Q3 2024.

With CYBRO, you can grow your crypto by investing in various vaults on Blast, the only Layer 2 blockchain to offer default yield for ETH and stablecoins staking. CYBRO's ultimate goal is to provide users with the highest returns possible for each strategy, while ensuring a simple and transparent interface.

Bitcoin ETF Capital Drain Deepens With $139 Million Outflow.

The spot Bitcoin ETF ecosystem has continued to lose capital in what is a sustained bearish trend for the asset class. It remains unclear why Wall Street has continued to capitulate on its once aggressive Bitcoin ETF embrace, but the current disposition has triggered a sustained drawdown in the price of Bitcoin.

Per data from SoSoValue, a total of $139.98 million left spot Bitcoin ETFs on June 20. Grayscale Investments' GBTC turned out to be the biggest loser, with a total outflow of $53 million. Fidelity Investments came second, with investors pulling out $51 million.

Bitwise (BITB) also saw a total outflow of $32 million, while VanEck recorded $4 million in capital drain relative to its size. Invesco Galaxy Digital's offering saw a total of $2 million.

Not all the spot Bitcoin ETF products recorded outflows as BlackRock's iShares Bitcoin Trust (IBIT) broke the trend. The product recorded a daily volume of $565 million, while the net inflow came in at $1 million. There is a very thin line between Bitcoin ETF inflows and outflows, and from current market data, the products in question all showcased some form of an uptick in trading volume.

Over the past week, spot Bitcoin ETF products have recorded a net outflow of $900 million as June 20 marked the fifth straight day of outflows. This marks the product's worst performance since mid- April, shortly after the short inflow stint mid-month.

The impact of these bearish Bitcoin ETF trends has also trickled down to the lackluster performance of BTC. Over the past 24 hours, the price of the coin has dropped by 2.8%, and it is trading at $63,784.68. Bitcoin's trading volume is up 33.93% to $25,990,936,338, shining a light of confidence.

With this rebooted sentiment and hopes for a rebound on the spot Bitcoin ETF market, the price of the coin might reroute its trend in the short term.

HOTCOIN 🔥supported by Binance and OKX and Gate.io 🔥.

Important Airdrop on Telegram.

FOR Register : Put this link on google browser.

🔗
http://t.me/herewalletbot/app?startapp=621788

and get more free Coin.

Calling all crypto enthusiasts! Get ready to grab a piece of the pie with this massive airdrop from NEAR Wallet. They're giving away a whopping 455K HOTCOIN tokens, each potentially worth over $10! Think about it: that's like free money just for participating.

Here's why you shouldn't miss this:

Backed by giants: Binance Labs, Near Protocol, and Gate.io are all on board, adding legitimacy and potential for growth.
Trading like wildfire: HOTCOIN is already making waves on major exchanges like Binance, OKX, and Gate.io. This is your chance to get in early before it explodes!
Free mining, no investment needed: Simply use the NEAR Wallet and "mine" HOTCOIN every 2 hours. It's that easy!
Next-gen Telegram wallet: NEAR Wallet is a secure and innovative way to manage your crypto. Plus, it's integrated with Telegram for added convenience.
Don't wait! Secure your share of this airdrop before it's gone:

How to get this Airdrop.

✅FOR Register:  Put this link on google browser

http://t.me/herewalletbot/app?startapp=621788

XRP Price Prediction for June 20.

XRP/USD.

XRP is the only exception from the rule, rising by 0.55% since yesterday.

Despite today's slight rise, the price of XRP is coming back to the local support level of $0.4922. If its breakout happens, the fall is likely to continue to the $0.4850 area soon.

On the bigger time frame, neither buyers nor sellers are dominating as the rate is far from the main levels. In this regard, ongoing sideways trading in the zone of $0.4850-$0.50 is the more likely scenario until the end of the week.

A similar picture can be seen on the weekly chart. The price of XRP is trading in the middle of the wide channel, between the support of $0.4309 and the resistance of $0.5714.

The low volume confirms that there are low chances of high volatility until the end of the month.

XRP is trading at $0.4947 at press time.

Elon Musk Confirms Son 'Lil X' Still Hodls Dogecoin, DOGE Community Reacts.

Tesla CEO Elon Musk has recently confirmed that his son, affectionately known as 'lil X,' is still holding onto his Dogecoin (DOGE), much to the delight of the DOGE community.

This indirect confirmation came in response to a playful tweet by a Dogecoin graphic designer, "dogedesigner," who shared that 'lil X' is a dedicated toddler holder, never once suggesting selling his holdings.

"X is a toddler hodler. Never once has he said sell," Dogedesigner tweeted. Musk reacted with an affirmation, accompanied by a laughter emoji. This lighthearted confirmation quickly caught the attention of the crypto community.

This interaction has sparked a wave of reactions from the crypto community, with an X (formerly Twitter) user sharing a throwback to Musk's tweet from Feb. 10, 2021, which read, "Bought some Dogecoin for lil X, so he can be a toddler hodler." Another X user responded by asking, "how many Doge X has?"

The Dogecoin community has long been influenced by Musk's tweets, often seeing immediate market reactions to his statements. His latest tweet is no exception, as it has once again put the spotlight on Dogecoin.

Musk, who touted himself as the "Dogefather," has been a strong supporter of Dogecoin, frequently mentioning it in his tweets and even allowing it as a payment option for certain Tesla merchandise.

In May, Musk tweeted about the passing of the dog Kabosu, the face of the DOGE meme, which saw the Dogecoin price spike shortly after.

At the time of writing, the Dogecoin price was trading down 0.08% in the last 24 hours to $0.122, yet to post a reaction to the current attention it is receiving.

Toncoin (TON) Playing Catch up With Bitcoin, Transactions Go Parabolic.

Toncoin (TON), the native digital asset of The Open Network, is competing with Bitcoin's (BTC) dominance, with parabolic movements in a key on-chain metric. Within the past 24 hours, TON's price increased by 5.3% to trade at $7.24.

Toncoin competing with Bitcoin.

Renowned data analytics platform CryptoQuant says the transfer volume for TON ranges between $5 billion to $10 billion.

To put this in perspective, Bitcoin, the world's leading crypto, boasts an average daily transfer volume of about $50 billion. This translates to TON capturing roughly 10% of Bitcoin's capacity, a remarkable feat for a project that launched only four years ago.

Additionally, TON is witnessing a steady increase in its number of holders. On-chain data shows a 10x increase in token holders over the past year, jumping from 2.9 million to a current count of 32 million. This rise in adoption suggests a growing interest in the TON ecosystem and its potential applications.

Moreover, the TON blockchain has seen increased activity from large investors, popularly known as whales.
whale activity for Toncoin has surged by an impressive 376%. At the time of this writing, the market capitalization of TON has grown to $17.7 billion, eclipsing Cardano's (ADA) $14 billion.

Possible factors fueling TON's growing adoption.

The development of applications and functionalities built on the TON blockchain could be a key factor fueling its growth. TON is currently hosting over 650 decentralized applications (dApps) of various types. Notable success has been seen in its "Tap-to-Earn" apps like Notcoin (NOT), TapSwap and Hamster Kombat (HAMSTER), which is fueling interest in it on the market.

Also, TON offers unique features like lightning-fast transaction speeds and low fees, which could be attracting users to the platform. As the crypto market continues to evolve, Toncoin's long-term success lies in its ability to sustain critical support levels.

Cardano Bucks Bears As Large Transactions Climb To $10 Billion, Can This Drive Price To $1?

The Cardano decline in the past week seems to be coming to an end, as evidenced by on-chain data. While the overall crypto market has been in a slump, Cardano is starting to buck the trend. ADA, Cardano's native token, has seen a huge surge in on-chain transactions from large holders, indicating sporadic activity and interest in the blockchain. Notably, transaction data shows that Cardano has registered over $10 billion worth of large transactions in the past 24 hours, representing a 26% increase within the time frame. Furthermore, this puts the worth of ADA large transactions at $32.54 billion in the past seven days.

Cardano Large Transactions Climb To $10 Billion in 24 Hours.

Cardano, like most altcoins, has been going through a turbulent price action since the beginning of the month. This decline was further exacerbated by Bitcoin's drop below $65,000 in the past 48 hours. However, Cardano now seems to be building bullish momentum, particularly from large holders. In the past 24 hours alone, 27.17 billion ADA, amounting to $10.43 billion, was traded between large holders, according to ITB.

Interestingly, the number of Cardano large transactions jumped to 851 in the past 24 hours, which is a 107% increase from 410 of such transactions recorded on June 16th.

IntoTheBlock's large transaction metric measures the number of transactions larger than $100,000 on the blockchain. It's worth noting that while activity from this cohort has grown in the last 24 hours, it remains considerably below the transaction peak of 95,730 set on May 29.

Can The Activity Push ADA TO $1?

With activity from large holders starting to increase, a natural question is whether this can translate to significant price appreciation for ADA. Many analysts think ADA still has plenty of room to run if the crypto market recovers and turns bullish again. Cardano, for one, now has its 30-day MVRV ratio at -12.6%, which is a very bullish indicator for a bounce in the short term.

XRP, ADA: Good Sign for Potential Bulls, 'Rocket Fuel' Could Be Here: Report.

Popular on-chain data provider Santiment has published a tweet that may delight the XRP and ADA communities. This good news, per this report, shines despite a large number of traders who are shorting these two cryptocurrencies at the moment. These traders do not believe in the current altcoin bounce, the report says.

"Rocket fuel" for XRP, ADA could be on horizon

The tweet says that despite the heavy selling pressure on top 10 coins XRP and ADA at the moment from traders who are shorting them after recent price bounces, this is actually a good sign for potential bulls.

This shorting can act as "rocket fuel" for continuous price rises, the Santiment analytics team stated.

XRP and Cardano currently sit in seventh and tenth places on CoinMarketCap's top 10 list of cryptocurrencies, with their market caps holding at $27,712,761,245 and $14,013,014,797, respectively.

XRP, ADA recent price roller coaster.

Between Friday and Monday (June 14th and 17th), the Ripple-affiliated XRP coin saw an impressive 11% rise from $0.46712 to the $0.51843 price tag. However, that was followed by a likewise massive decline, when the coin slumped by 8.06% by Tuesday. Since then, XRP has been trading sideways, with a total increase of 4.5%.

ADA printed a sudden 10% decline between Sunday and Monday, which occurred largely due to a massive red hourly candle, which pushed ADA down nearly 7%. By now, Cardano's native coin has managed to recover by 6% and is changing hands at $0.394.

Shiba Inu Whale Buys $6.6 Million in SHIB - What's Happening?

In a significant move that has caught the attention of the cryptocurrency community, a Shiba Inu (SHIB) whale has purchased 353.83 billion SHIB tokens, worth around $6.6 million. The transaction, which was conducted on Binance, was hig hlighted by Lookonchain, a well-regarded blockchain analysis platform.

The whale currently holds 838.87 billion SHIB, worth around $15.5 million. Moreover, the whale's profit on SHIB currently stands at $6.12 million. This substantial acquisition comes at a time when the price of SHIB is experiencing mixed performance. Currently, SHIB is trading at $0.00001865, reflecting a 2.07% increase in the last 24 hours.

However, the cryptocurrency has seen a significant decline of 22.38% over the past 30 days, indicative of a bearish trend on the broader market. Shiba Inu, often dubbed the "Dogecoin killer," has experienced wild fluctuations in its price since its inception. The recent decline mirrors a broader downtrend in the market.

Despite a bearish phase, the latest whale activity suggests a strategic move to buy SHIB at lower prices, anticipating a future surge. This tactic is not uncommon among large holders, or "whales," who can influence market trends with their sizable transactions.

Implications of whale's move.

The whale's decision to purchase a significant amount of the meme coin and hold a total of 838.87 billion SHIB tokens signals a potential vote of confidence in the future prospects of the cryptocurrency.

The profit realization of $6.12 million further underscores the whale's adeptness at timing the market.

Such large-scale acquisitions can often lead to increased interest and speculation among retail investors, potentially driving up the price of the cryptocurrency. This phenomenon, known as the "whale effect," can create a ripple effect, influencing market dynamics beyond the immediate transaction.

While the current market conditions for
SHIB are bearish, the whale's substantial
investment suggests the expectation of a
price rebound.

Shiba Inu Team Lead Unveils Unexpected SHIB Game.

One of the core goals of the Shiba Inu project is to develop a wide range of utilities to serve its ecosystem. In a recent post from lead developer Shytoshi Kusama, a Shibarium game is in its late developmental stages. Placing the spotlight on the game, SHIB marketing strategist Lucie highlighted, in Kusama's words, what to expect from it.

While the Shibarium game is designed for the entire community, Shytoshi Kusama said it will be licensed solely to the decentralized team at Shiba Inu. The key goal here is that future enhancements can be introduced with relatable decentralized elements integrated into the mobile version.

As one of the new ways to engage the community, the developer is optimistic that the game will provide value to SHIB, LEASH and BONE, the ecosystem's core tokens. While the exact model of the game remains undisclosed, the expectation is that there will be in-app purchases, implying a full- blown economy surrounding the game.

With boosting the future valuation of SHIB being the primary underlying aim of the Shiba Inu team, burning features will also be introduced. Kusama confirmed that revenue from in-app game purchases will incentivize SHIB and LEASH burns.

It is worth noting that this Shibarium game
is different from Shiba Inu games, however,
they will act in a complementary manner.
With the teaser to the game unleashed, the
community remains ecstatic about the
potential timeline for the game's official
release.

Shiba Inu has been locked in a stagnant growth phase for a long time. However, at the time of writing, its price has inked a 1.07% gain in 24 hours to $0.00001865, but it remains below key expectations from long-term HODLers.

This Shibarium game and other key ecosystem fundamentals have the potential to reboot sentiment, drive demand for SHIB and fuel a price rally in the long term.

It's Over? Meme Coins Like Shiba Inu (SHIB) and DOGE Eye Dramatic Dominance Drop.

Ki Young Ju, founder and CEO of CryptoQuant, highlighted a significant shift on the market. According to Ju, the dominance of meme coins on the altcoin market is waning, suggesting a transition from speculative gambling to a more fundamentally driven approach reminiscent of earlier market phases.

This shift could mark the end of the meme coin craze that has gripped investors for the past few months.

Ju clarified that his bearish stance is specific to meme coins, not Bitcoin. He remains long-term bullish on BTC, suggesting that while the hype around meme coins may be fading, fundamental assets like Bitcoin continue to hold strong investment potential. This distinction is crucial, as it indicates broader market sentiment that seeks intrinsic value over speculative ventures.

It can be argued that meme coins act as leveraged plays on their parent chains. For example, tokens such as WIF and BONK are linked to Solana (SOL), while Shiba Inu (SHIB) and PEPE are linked to Ethereum (ETH). Such assets often experience volatile price movements that reflect broader market trends, but with amplified effects.

However, the flow of capital into financial markets typically sees funds move from less risky assets to more speculative ones. This cycle often leads to inflated valuations for meme coins, followed by significant capital withdrawals, causing market-wide downturns.

The decline of meme coins' dominance may signal the maturation of the market, where investors are beginning to prioritize assets with strong fundamentals over high-risk, high-reward plays.

'Bitcoin Trader Fatigue' on Display as Price Awaits Epic Breakout.

Many investors are waiting for the price of Bitcoin (BTC) to rebound after weeks of rangebound motion. While the prospects for a rebound remain high, market analytics platform Santiment has revealed that the market is currently experiencing "Bitcoin trader fatigue."

Bitcoin twist imminent.

Notably, Bitcoin trader fatigue was highlighted as a major troubling trend as this extended level of Fear, Uncertainty and Doubt (FUD) is rare, as traders continue to capitulate. Santiment pointed out that this disinterest in Bitcoin comes as the price of the coin hovers from $65,000 to $66,000.

According to the chart shared by the market analytics platform, the Weighted Sentiment of Bitcoin comes in at -0.800433. Amid this FUD, one intriguing trend is that Bitcoin whales are accumulating the coin at an alarming rate. Santiment noted that this negative sentiment, mixed with whale accumulation, often signifies upcoming bottoms.

What this signals essentially is that the sell-offs in the price of Bitcoin might soon shift gears, with prospective accumulation set to take over across the board.

At the time of writing, Bitcoin was trading for $65,849.86, up by 0.83% in the past 24 hours. While this uptick is not uncommon considering its latest price action, Bitcoin might need more visible accumulation for it to wriggle completely out of the bear zone.

Fundamentals are there.

Bitcoin is the most revered digital currency, a recognition that gives it an edge against elongated sell-offs. The presence of the spot Bitcoin ETF, the past halving cycle and corporate embrace is set to help return bullish energy to the coin.

At the current level, the volume is still showcasing a buildup in general interest as it is down by 44.26% to $19,148,407,098. A sustained return of inflows into the U.S. spot Bitcoin ETF might be a major trigger to watch out for in the long term.