🤯 This is why the price of Header (HBAR) increased by 100%

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🦊 Decentralized Exchange ShibaSwap Moves to Shibarium, Offering New Innovations SHIB, a global leader in the decentralized finance (DeFi) cryptocurrency space with millions of users, said today that it has moved its decentralized exchange, ShibaSwap, from Ethereum to the Shibarium blockchain. The change represents the fundamental improvement in ShibaSwap’s evolution into “ShibaSwap,” empowering creators, cultivating relationships, and propelling innovation on Shibarium. Powered by Shibarium, ShibaSwap will provide a range of new decentralized app (Dapp) utilities and decentralized exchange services, such as: 🔺 Bridging a range of new tokens that will make them native to ShibaSwap. 🔺 Improved liquidity pools and characteristics of decentralized finance (DeFi). 🔺 Novel farming contracts created especially to reward early adopters and enduring investors. 🔺 Additional discovery location for token launches. 🔺 Redefining the potential of community-driven experiences: token voting competitions with incentives. Through the provision of rewards for purchases and exchanges, SHIB is fostering a strong trading volume, therefore cementing ShibaSwap’s position as the preferred platform for community token transactions in Shibarium. All user types will gain from this as it will create a vibrant and healthy marketplace. Shiba Inu Lead Developer known as Shytoshi Kusama stated: “The new ShibaSwap aligns with innovators seeking an outlet for their creative endeavors and Shibizens who value fostering a vibrant and inclusive community. It’s the beating heart of Shibarium, where community tokens flourish. Imagine a vibrant marketplace teeming with unique tokens representing your favorite projects, causes, and fellow ShibArmy members.” The SHIB and LEASH tokens, SHIBOSHI NFTs, SHIB The Metaverse, the ShibaSwap DEX, and the Shiba Eternity game are among the other expanding sectors of the Shiba Inu Ecosystem that Shibarium also supports. $SHIB #SHIB #ShibaSwap #Shibarium

🟡 Is the Polygon Ecosystem Distinctly Bullish or Bearish? Monthly active users (MAU) on Polygon have surged to their highest point — 8.8 million.Investment giant Franklin Templeton initiates the transfers of its tokenized shares BENJI on the Polygon blockchain. The Polygon ecosystem has achieved an all-time high (ATH) of 8.8 million in monthly active users (MAU) amid two significant announcements related to Franklin Templeton’s tokenized shares and Stripe’s stablecoin-led crypto payments. Over the past 3 months, active addresses across a few sub-sectors within the Polygon ecosystem displayed bullish rallies. Firstly, the active addresses across the gaming protocols surged by 3,663%. Secondly, the centralized finance (CeFi) protocols recorded a 1,473% surge. The other kinds of protocols’ records were as follows: stablecoin by 36.49%, decentralized finance (DeFi) by 21.52% and SocialFi by 37.97%. ♦️ MATIC’s Market Dynamics Looks Bearish When we look at the 30-day timeframe, Polygon’s native token MATIC appears bearish. The altcoin’s price declined by over 32% — from $1.06 to $0.71. As per the chart given below, the 50-day exponential moving average (50EMA) hovers above the price action, indicating a downtrend. Meanwhile, MATIC’s relative strength index (RSI) is closer to the oversold territory. On the other hand, the weekly timeframe projects an uptick of 4.5% in the token’s price. According to CoinMarketCap data, at the time of analysis, Polygon (MATIC) trades at $0.7128 with a market cap of $7.05 billion and a daily trading volume of $270 million. $MATIC #MATIC #Polygon

📉 Will Bitcoin Fall Again? Current BTC Analysis Bitcoin rallied from the $62,910-$62,300 support zone and traded long at $62,910.According to Coinotag analysts, BTC has a target of $65,800 and is expected to exceed this level. Otherwise, the decline may continue.Readers are advised to set an entry stop at $62,910 and set their targets at $65,800 and $69,000. Bitcoin’s technical analysis focuses on the target of $69,000 by breaking the resistance above $65,800 with the rise starting at $62,910. Looking at Bitcoin’s 8-hour technical chart, according to the analysis we shared yesterday, BTC fell to the $62,910 – $62,300 support zone in the last decline and rose from the $62,910 level. Our followers who traded long at $62,910 were up more than 3% yesterday and it would be more strategic to put the entry stop at this level. Because if BTC falls again from this level, it may fall to $62,300 and $61,200. As long as Bitcoin price stays above the $62,910-$62,300 support range, its first target will be $65,800. If BTC breaks the $65,800 resistance and closes 8-hour candles above $66,800, it could continue its uptrend to $69,000. Therefore, it is important for our readers who trade long at $62,910 to follow the entry stop and set their targets at $65,800 and $69,000 respectively. $BTC #BTC

🔥 Dogecoin’s Historical Performance Points to Potential Price Targets $3.80 Crypto analysts are pointing to a fascinating trend in Dogecoin’s historical performance that could hint at potential price targets for the current bull cycle. According to the analysis, Dogecoin has consistently reached or surpassed the 1.618 Fibonacci extension, which currently projects a target of $3.80 for this cycle. ♦️ Dogecoin Aim For $3.80 In a recent tweet, a prominent crypto trader highlighted Dogecoin’s historical behavior, noting its tendency to achieve significant milestones based on Fibonacci extensions. The current 1.618 Fibonacci extension level suggests a potential target of $3.80 for Dogecoin’s price during the ongoing bull cycle. While acknowledging challenges posed by market dynamics and capital saturation, the trader emphasized the relevance of historical patterns in forecasting potential outcomes for Dogecoin’s price trajectory. Further into analysis analyst, suggests that Dogecoin’s 3-day RSI (Relative Strength Index) consistently maintained above the 50 level throughout its journey to new all-time highs (ATH). Based on the historical pattern observed with the 3-day RSI, the trader suggests that Dogecoin is poised for a bounce from the current range, potentially leading to upward movement in price. ♦️Other Notable Price Targets Alongside the $3.80 target, the trader identified additional price targets based on Dogecoin’s historical performance. These include $0.95 and $1.35 for the current bull cycle, representing significant milestones that align with past price movements. The analysis highlights the importance of considering historical trends and Fibonacci levels as valuable tools for assessing potential price movements in the crypto market. ♦️Dogecoin Price Analysis As of now, Dogecoin (DOGE) is trading at $0.1511, showing a minor decline of 0.33% over the past 24 hours. The trading volume has also decreased by 31.87%, amounting to $959 million.Dogecoin’s market capitalization remains stable at approximately $21.3 billion. $DOGE #DOGE #Dogecoin‬⁩

🐻 Why the Market Fell Again Yesterday, BTC could not stay above $67 thousand, which is why its price broke through the $65 thousand level, pulling the entire market with it. 📉 First of all, such a rollback is associated with the outflow of capital from the ETF, which yesterday recorded minus $120.6 million, while the inflow into the BlackRock ETF remained at zero for the first time, while Grayscale continued to sell BTC in the amount of $130 million. The fall in the cryptocurrency is also associated with the arrest head of the Samourai Wallet, Keonna Rodriguez, by the US Department of Justice. 🗣 But most of this market movement is due to post-halving uncertainties. At the moment, the market needs catalysts for movement, so BTC may react to even small local news in the near future. $BTC $ETH $BNB

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