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Gala is a gaming and NFT platform that aims to build an ecosystem of blockchain games, which operates on both Ethereum and BSC. The platform offers various features including a platform for NFT games (Gala Games) and an NFT marketplace (Gala Store). Users are able to play games, trade NFTs, participate in network governance and consensus.

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Celer Network is a leading layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract. It enables everyone to quickly build, operate, and use highly scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics.
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Shiba Inu could see its price skyrocket to a new all-time high if it trails Bitcoin should the premier crypto asset hit the $1 million target.

Being the first and largest crypto asset, Bitcoin (BTC) often dictates the movement of the broader crypto market. The asset kickstarted the previous crypto bull markets when its price soared to new highs in each cycle. Notably, the rest of the market has followed suit each time.

Market watchers expect a similar case in this cycle, projecting the altcoin season, a period when other assets outperform Bitcoin, to come up shortly after BTC hits its peak for the current cycle. However, it is difficult to determine this peak, as opinions vary among market analysts.
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XRP Price Prediction: Machine Learning Algorithm Reveals Where Price Will Be In June

XRP is among the altcoins that continue to command a large following even after putting on a poor performance for the last few years. At the same time, expectations for the altcoin have fluctuated between bullish and bearish, especially in the long term. However, in the short term at least, the machine learning algorithm at CoinCodex predicts some level of bullishness for XRP.

XRP To Jump 20% In June
As the month of May draws to an end and June swims into view, there are varying expectations for the crypto market and where it could go from here. For XRP, the CoinCodex machine learning algorithm predicts that the month of June will be bullish for it.

The one-month prediction timeframe on the website shows that the price would rise as high as $0.627709, and from the current price of XRP, this would mean an over 20% increase in price. This prediction is followed by greed among investors despite the website showing that sentiment is turning bearish.

In the shorter term, the machine learning algorithm is just as bullish on the XRP price, expecting a major jump in price. This 5-day prediction timeframe shows an approximately 24% increase in the price of the altcoin, putting it as high as $0.6448.

The machine learning algorithm shows that general XRP sentiment from various indicators shows bearishness. However, it could present an opportunity for investors to get in before a surge, taking advantage of the popular investing belief to “Buy when there is blood in the streets.” Simply put, this means buying when other investors are bearish.

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PEPE reaches all-time high, while PlayDoge and 99Bitcoins emerge as potential successors in the meme coin space.

Recently, PEPE, a frog-themed meme coin, hit a new all-time high at $0.00001725, rallying 81% over the past seven days on Binance. This surge in value has been accompanied by a significant increase in active addresses and social dominance, indicating growing interest and engagement among the crypto community.

Analysts are now turning their attention to emerging meme coins like 99Bitcoins and PlayDoge, predicting they could follow in PEPE’s footsteps and become the next big success stories.

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A golden cross occurs when a shorter-term moving average crosses above a longer-term moving average and is often regarded by technical analysts as a signal that a significant uptrend might be on the horizon.

In the case of SHIB, the golden cross formed when the 50-hour moving average rose above the 200-hour moving average on its one-hour chart, a clear indication that short-term prices were outpacing the long-term trend.

For SHIB, this technical event coincided with an impressive 20% leap in its price, stirring excitement and optimism within the community.

Shiba Inu leaped as much as 20% as bulls consolidated on a sharp rebound, which stemmed from the previous daily SMA 50 barrier, which has now turned support.

Shiba Inu began rising from lows of $0.00002430 on May 27 and has climbed for three consecutive days, reaching highs of $0.0000294 in today's trading session.

At the time of writing, SHIB had erased some of its intraday gains and was up 10% in the last hours to $0.00002735, according to CoinMarketCap data. While the golden cross and the subsequent price jump are indeed promising, the path forward for Shiba Inu, like any cryptocurrency, is dependent on several factors. Broader market sentiment and global economic factors might play a role in shaping Shiba Inu's price trajectory. Technical analysts are closely monitoring SHIB's price action following the bullish crossover. The possibility remains that if SHIB can maintain its upward momentum and break through key resistance levels, it could see further substantial gains. The next significant resistance level is around $0.00003285, and a successful breach of this level could pave the way for even higher targets.

Bitcoin is the original cryptocurrency and the largest by market capitalization at over $1.3 trillion, according to CoinMarketCap. It was created by Satoshi Nakamoto, a person or group of people whose identity remains a mystery. Nakamoto envisioned bitcoin as an alternative version of virtual cash that wouldn’t rely on a government or financial institution, such as a bank, to function and facilitate payments.

Like many cryptocurrencies, bitcoin is powered by blockchain technology, which works as a digital, decentralized ledger that keeps track of transactions made within the network.

Bitcoin also has a built-in limited supply of 21 million coins. This means no new bitcoins will be issued after 21 million coins have been mined. The scarcity is on purpose; the supply limit ensures that bitcoin remains a scarce asset so that, theoretically, as demand increases and supply remains the same, bitcoin’s value increases as well.

Altcoins, also known as alternative coins, refers to any cryptocurrency that’s not bitcoin. Although some of these digital tokens may operate similarly to bitcoin, they are built on different blockchain networks.

There are thousands of altcoins, which are typically created with a specific purpose in mind. Take stablecoins, for example. A stablecoin is a type of altcoin that pegs its value to another asset, such as gold or the U.S. dollar, with the goal of stabilizing its price.

Outside of stablecoins, many altcoins derive their value from market demand and traders’ preferences. However, that can make them particularly vulnerable to rapid and unexpected changes in price, says James Royal, Bankrate’s principal investing and wealth management analyst.

Under the umbrella of altcoins are meme coins. These virtual tokens are usually created for fun and named after internet memes or pop culture references. And although every meme coin is an altcoin, every altcoin isn’t necessarily a meme coin.

Although all cryptocurrency carries risk, meme coins can be especially treacherous for traders, Royal says.

Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains

Popular ERC-20 meme coin Shiba Inu ($SHIB ) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024.

At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year.

By comparison, the world’s favorite cryptocurrency, Bitcoin ($BTC) is up 158%, Ethereum ($ETH) added 115% over the year, and $SHIB ’s top rival, OG doge meme coin Dogecoin ($DOGE) has grown 137.5% over the last 365 days.

However, the token’s performance over the last three months shows it facing stiffening resistance (indicated by the red trend line), even as its support level (green trend line) is increasing. The data indicates $SHIB ’s price has been relatively stable over the last month as it consistently trades slightly above its 30-day moving average, represented by the graph’s blue line.

With a relative strength index (RSI) hovering around the high 60s, Shiba Inu is close to being overbought (70 is the threshold). The recent spate of buying is likely driven by last week’s news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Shiba Inu’s native blockchain.

ADA price action Cardano's ADA recent price rise appears to have stalled under the pressure of its daily moving averages. ADA began to rise gradually and reached highs of $0.51 on May 21 before running into resistance. After that, ADA decreased for four days in a row before rising again. Selling has continued, with ADA down 0.33% to $0.4611 at the time of writing, during the last 24 hours. The 50-day and 200-day simple moving averages (SMA) have posed significant barriers to the rising trend of ADA since the beginning of April. Further conjecture over the short-term price trajectory of ADA is raised by a recent crossing that showed a death cross. The 50-day EMA serves as an immediate resistance level for ADA in the short term, which it must surpass to indicate a possible rally.

Read more on U.Today https://u.today/cardano-ada-triumphs-10-million-tokens-milestone-achieved

With the altcoin demand on the rise, the ENA token witnesses a trend reversal as the buying pressure increases. The daily chart reflects the altcoin breaking above the falling wedge pattern to give a 38% jump in the last 7 days.

As the breakout rally gains momentum, the altcoin is ready for a bull run. Considering the buyers manage to sustain the momentum, the ENA price could hit the 1.618 Fibonacci level at $2.55.

Despite the Bitcoin price struggling near the $68,000 level, the approval of Ethereum ETFs drives the bull run in altcoins. With this, there are multiple coins on the verge of crossing past their all-time high levels as the buying pressure grows.

Will the rising demand for altcoin undermine Bitcoin’s dominance and start an altcoin season? More importantly, which altcoins are close to surpassing their ATH levels for an explosive run next week?

Shiba Inu (SHIB) Torches 12 Million Tokens Amid 867% Burn Rate Jump