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BONK Coin !!!!!
BONK, along with PEPE, was among the most notable meme coins of 2023. Amid the Solana frenzy, BONK shone brightly, leading to the creation of many millionaires.
In the last year, BONK has shown a staggering 3382% increase, signaling a true frenzy. Despite a rise at the end of 2023, BONK experienced significant gains in March.
Current data shows that BONK, after a 9% increase, is trading at $0.00002595. BONK’s market cap has also surpassed $1.68 billion following this rise.
A potential new bull run in the future could pave the way for new rallies for BONK, showcasing significant price increases to its investors....
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$BONK
BONK, along with PEPE, was among the most notable meme coins of 2023. Amid the Solana frenzy, BONK shone brightly, leading to the creation of many millionaires.
In the last year, BONK has shown a staggering 3382% increase, signaling a true frenzy. Despite a rise at the end of 2023, BONK experienced significant gains in March.
Current data shows that BONK, after a 9% increase, is trading at $0.00002595. BONK’s market cap has also surpassed $1.68 billion following this rise.
A potential new bull run in the future could pave the way for new rallies for BONK, showcasing significant price increases to its investors....
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$BONK
Shiba Inu Burns Surge Despite Price Drop(The Future of SHIB)
Shiba Inu Burns
According to data provided by Shibburn, which tracks Shiba Inu burns, the SHIB burn rate has increased by over 2000%, drawing all attention. In just the last 24 hours, more than 40.06 million SHIB tokens were burned.
Following these burns, two more significant burns of 20 million and 16.86 million took place, indicating an increase in transactions involving SHIB.
Despite over 410.72 trillion SHIB being burned since its inception, the circulating supply of SHIB still stands at a significant level of 582.87 trillion.
The Future of SHIB
Following recent developments, Robinhood announced that SHIB, along with several other cryptocurrencies, will be offered in the New York area, exciting SHIB investors.
For cryptocurrency users in New York, Robinhood announced that transactions involving SHIB, along with other cryptocurrencies like AVAX and COMP, can be conducted. The announcement is expected to contribute to a trust environment and support a recovery in SHIB’s price.
Shiba Inu’s recent decision to raise $12 million linked to TREAT utility and governance tokens shows its commitment to expanding supported programs and use cases.
Additionally, they seem to be aiming to develop a new privacy-focused layer-3 blockchain process and enhance the Shiba Inu ecosystem.
However, despite an increase in the burn rate in the last 24 hours, it should be noted that there was a 37.31% decrease in the weekly burn rate. Nevertheless, the recent increase in the burn rate, combined with development activities and listings, seemed to have drawn attention to the future of Shiba Inu.
the price of Shiba Inu has found buyers at $0.00002517 after a 7.87% drop. Additionally, the transaction volume has risen to $825.08 million following an 11.02% increase.
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$SHIB
Shiba Inu Burns
According to data provided by Shibburn, which tracks Shiba Inu burns, the SHIB burn rate has increased by over 2000%, drawing all attention. In just the last 24 hours, more than 40.06 million SHIB tokens were burned.
Following these burns, two more significant burns of 20 million and 16.86 million took place, indicating an increase in transactions involving SHIB.
Despite over 410.72 trillion SHIB being burned since its inception, the circulating supply of SHIB still stands at a significant level of 582.87 trillion.
The Future of SHIB
Following recent developments, Robinhood announced that SHIB, along with several other cryptocurrencies, will be offered in the New York area, exciting SHIB investors.
For cryptocurrency users in New York, Robinhood announced that transactions involving SHIB, along with other cryptocurrencies like AVAX and COMP, can be conducted. The announcement is expected to contribute to a trust environment and support a recovery in SHIB’s price.
Shiba Inu’s recent decision to raise $12 million linked to TREAT utility and governance tokens shows its commitment to expanding supported programs and use cases.
Additionally, they seem to be aiming to develop a new privacy-focused layer-3 blockchain process and enhance the Shiba Inu ecosystem.
However, despite an increase in the burn rate in the last 24 hours, it should be noted that there was a 37.31% decrease in the weekly burn rate. Nevertheless, the recent increase in the burn rate, combined with development activities and listings, seemed to have drawn attention to the future of Shiba Inu.
the price of Shiba Inu has found buyers at $0.00002517 after a 7.87% drop. Additionally, the transaction volume has risen to $825.08 million following an 11.02% increase.
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$SHIB
BONK Ignites a Surge 🚀🚀
The value of the meme coin project more than doubled, recording a 118% increase from the lowest level this month, making it the best-performing cryptocurrency among its peers. BONK’s upward trajectory is in line with a broader recovery observed in the cryptocurrency sector.
Market analysts attribute BONK’s rapid recovery to investors taking advantage of recent price drops. Historically, assets typically undergo a corrective recovery after significant declines, and BONK’s comeback appears to reflect this trend.The rise of BONK is also influenced by a resurgence of interest in meme coin projects.have also recorded significant gains. Market data highlights that BONK’s rise is amidst increased trading activity. CoinGecko reported that on April 24, the trading volume surged to over $531 million,significant increase from the previous day’s $177 million.
The enthusiasm of investors towards BONK and similar crypto assets could signal a shift in market sentiment,potentially indicating a period of sustainable risky trading behavior.meme coin projects continue to attract market interest,BONK’s recent performance could signal the start of a potential bull run for the viral token.
BONK Chart Analysis
BONK is attracting the attention of cryptocurrency enthusiasts due to its notable rise on the charts. The 4-hour chart shows BONK overcoming the .382 Fibonacci line resistance, reaching $0.00002659 today with a 7.35% increase. The chart indicates a strong upward trend and the Fibonacci retracement shows a significant recovery from lower levels. A close above the base support (green line) suggests BONK may be heading towards the next 0.5 Fib line (blue line), marking a new monthly high for BONK.
The Relative Strength Index (RSI) is charting upward, indicating growth momentum, yet it remains below the overbought zone.trend suggests potential continued growth without immediate signs of a pullback.BONK recovery path, it remains a token to watch in the coming days, with investors eagerly anticipating the next move
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The value of the meme coin project more than doubled, recording a 118% increase from the lowest level this month, making it the best-performing cryptocurrency among its peers. BONK’s upward trajectory is in line with a broader recovery observed in the cryptocurrency sector.
Market analysts attribute BONK’s rapid recovery to investors taking advantage of recent price drops. Historically, assets typically undergo a corrective recovery after significant declines, and BONK’s comeback appears to reflect this trend.The rise of BONK is also influenced by a resurgence of interest in meme coin projects.have also recorded significant gains. Market data highlights that BONK’s rise is amidst increased trading activity. CoinGecko reported that on April 24, the trading volume surged to over $531 million,significant increase from the previous day’s $177 million.
The enthusiasm of investors towards BONK and similar crypto assets could signal a shift in market sentiment,potentially indicating a period of sustainable risky trading behavior.meme coin projects continue to attract market interest,BONK’s recent performance could signal the start of a potential bull run for the viral token.
BONK Chart Analysis
BONK is attracting the attention of cryptocurrency enthusiasts due to its notable rise on the charts. The 4-hour chart shows BONK overcoming the .382 Fibonacci line resistance, reaching $0.00002659 today with a 7.35% increase. The chart indicates a strong upward trend and the Fibonacci retracement shows a significant recovery from lower levels. A close above the base support (green line) suggests BONK may be heading towards the next 0.5 Fib line (blue line), marking a new monthly high for BONK.
The Relative Strength Index (RSI) is charting upward, indicating growth momentum, yet it remains below the overbought zone.trend suggests potential continued growth without immediate signs of a pullback.BONK recovery path, it remains a token to watch in the coming days, with investors eagerly anticipating the next move
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PEPE !!!!!!!
An evaluation of PEPE’s daily chart performance reveals that bulls are emerging, and there is a significant drop in bearish sentiment. The MACD line for PEPE crossed above the signal line on April 22, indicating a shift from a bearish to bullish market sentiment. This transition often signals that a token’s market momentum might be gearing up for further increases.
this as a buy signal, prompting them to take long positions and exit short positions while expecting further price increases. However, while PEPE’s MACD crossover signals a shift from negative to positive market momentum, it remained below the zero line at the time of writing. This situation could indicate increased bullish pressure, though some bearish elements remain in the market.
Current Data on PEPE
Confirming the increase in bullish momentum, PEPE’s Elder-Ray index has turned to a positive value. This indicator measures the strength relationship between buyers and sellers in the market. A positive value suggests that bullish forces are dominating the market. PEPE’s mentioned index is at 0.0000014. Additionally, data from PEPE’s Directional Movement Index (DMI) shows that the positive direction index surpassed the negative index on April 22.
The upward crossing of the positive index over the negative index is also considered a bullish signal, as it indicates a stronger upward trend in the market rather than a decline. Despite the meme token’s steady value increase over the past week and a 3% price rise in the last 24 hours, PEPE’s funding rate on cryptocurrency exchanges remains negative. This situation could indicate that futures investors are increasingly opening short positions against the meme token as of April 23.
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$PEPE
An evaluation of PEPE’s daily chart performance reveals that bulls are emerging, and there is a significant drop in bearish sentiment. The MACD line for PEPE crossed above the signal line on April 22, indicating a shift from a bearish to bullish market sentiment. This transition often signals that a token’s market momentum might be gearing up for further increases.
this as a buy signal, prompting them to take long positions and exit short positions while expecting further price increases. However, while PEPE’s MACD crossover signals a shift from negative to positive market momentum, it remained below the zero line at the time of writing. This situation could indicate increased bullish pressure, though some bearish elements remain in the market.
Current Data on PEPE
Confirming the increase in bullish momentum, PEPE’s Elder-Ray index has turned to a positive value. This indicator measures the strength relationship between buyers and sellers in the market. A positive value suggests that bullish forces are dominating the market. PEPE’s mentioned index is at 0.0000014. Additionally, data from PEPE’s Directional Movement Index (DMI) shows that the positive direction index surpassed the negative index on April 22.
The upward crossing of the positive index over the negative index is also considered a bullish signal, as it indicates a stronger upward trend in the market rather than a decline. Despite the meme token’s steady value increase over the past week and a 3% price rise in the last 24 hours, PEPE’s funding rate on cryptocurrency exchanges remains negative. This situation could indicate that futures investors are increasingly opening short positions against the meme token as of April 23.
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$PEPE
Polygon (MATIC Coin Price Predictions)
There is some recovery on the daily chart, and investors are neither hurrying to buy nor to sell. When active addresses are classified by profitability, the ratio of profitable investors is also around 6%.
As there are few profitable investors, most prefer to wait. This situation might confirm the potential for growth towards higher price zones where more investors could make profits, but overall, MATIC Coin has underperformed this year.
Futures market traders are also relatively moderate. The funding rate suggests a bullish dominance.
A positive funding rate currently favors the bulls. If BTC starts a new move towards $69,000, it could also strengthen the bulls in spot pairings.
On the other hand, the MATIC Coin price is just above the main support at $0.72. If this support level holds, a new rise towards $0.81 could begin. In this case, we will witness a significant recovery from the losses seen at the beginning of April.
What if the $0.72 support is lost? Then, the long underperforming MATIC Coin could fall to $0.65. If there is no rebound from there, the bullish sentiment will reverse, and the price could drop to $0.6.
In an increasingly competitive environment, layer2 solutions like MATIC Coin need to take action to stand out. Many applications have launched their own layer2 networks, and many more are entering our lives with attractive grant programs to attract developers. What will determine MATIC Coin’s long-term performance is how it stands out in this competitive environment.
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$MATIC
There is some recovery on the daily chart, and investors are neither hurrying to buy nor to sell. When active addresses are classified by profitability, the ratio of profitable investors is also around 6%.
As there are few profitable investors, most prefer to wait. This situation might confirm the potential for growth towards higher price zones where more investors could make profits, but overall, MATIC Coin has underperformed this year.
Futures market traders are also relatively moderate. The funding rate suggests a bullish dominance.
A positive funding rate currently favors the bulls. If BTC starts a new move towards $69,000, it could also strengthen the bulls in spot pairings.
On the other hand, the MATIC Coin price is just above the main support at $0.72. If this support level holds, a new rise towards $0.81 could begin. In this case, we will witness a significant recovery from the losses seen at the beginning of April.
What if the $0.72 support is lost? Then, the long underperforming MATIC Coin could fall to $0.65. If there is no rebound from there, the bullish sentiment will reverse, and the price could drop to $0.6.
In an increasingly competitive environment, layer2 solutions like MATIC Coin need to take action to stand out. Many applications have launched their own layer2 networks, and many more are entering our lives with attractive grant programs to attract developers. What will determine MATIC Coin’s long-term performance is how it stands out in this competitive environment.
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$MATIC
What’s Happening on the DOGE Front???
Dogecoin is trading at $0.159, observing significant growth supported by its investors. The main motivation behind this is the 9.91 billion DOGE tokens held by DOGE owners. With a value exceeding $1.56 billion, these token supplies were purchased between $0.151 and $0.168. Currently, the DOGE price is just 6% below the upper limit of this range, which could mean profitability if it surpasses this level. For now, this situation will likely push investors towards a rise and keep them from selling.
Supporting this idea further is Dogecoin’s Market Value to Realized Value (MVRV) ratio. MVRV is used to assess overall profits and losses encountered by investors. Considering that DOGE’s 30-day MVRV value has dropped by 14%, investors could face a monthly loss.
However, this could also be a signal for a rise, as values between -7% and -19% indicate restrictions against selling. DOGE owners will prefer to accumulate at such low prices for future profits. Consequently, Dogecoin’s price will increase, tagging this area as an opportunity zone. Thus, all signs point to the next potential price rise.
Key Levels for DOGE
Dogecoin is currently facing two major resistances at $0.168 and $0.182. The first resistance marks the upper limit of the mentioned supply, and surpassing this level could initiate a recovery rally for DOGE. Investors will continue until they see profits, which is the likely outcome. Turning $0.168 could trigger a rally, potentially sending the popular memecoin’s price to $0.182, which could provide additional gains.
if the altcoin fails to surpass $0.168 and loses support at $0.151, the bullish thesis will be invalidated. $1.5 billion worth of DOGE tokens will lead to losses, leaving Dogecoin’s price more vulnerable to further corrections.
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$DOGE
Dogecoin is trading at $0.159, observing significant growth supported by its investors. The main motivation behind this is the 9.91 billion DOGE tokens held by DOGE owners. With a value exceeding $1.56 billion, these token supplies were purchased between $0.151 and $0.168. Currently, the DOGE price is just 6% below the upper limit of this range, which could mean profitability if it surpasses this level. For now, this situation will likely push investors towards a rise and keep them from selling.
Supporting this idea further is Dogecoin’s Market Value to Realized Value (MVRV) ratio. MVRV is used to assess overall profits and losses encountered by investors. Considering that DOGE’s 30-day MVRV value has dropped by 14%, investors could face a monthly loss.
However, this could also be a signal for a rise, as values between -7% and -19% indicate restrictions against selling. DOGE owners will prefer to accumulate at such low prices for future profits. Consequently, Dogecoin’s price will increase, tagging this area as an opportunity zone. Thus, all signs point to the next potential price rise.
Key Levels for DOGE
Dogecoin is currently facing two major resistances at $0.168 and $0.182. The first resistance marks the upper limit of the mentioned supply, and surpassing this level could initiate a recovery rally for DOGE. Investors will continue until they see profits, which is the likely outcome. Turning $0.168 could trigger a rally, potentially sending the popular memecoin’s price to $0.182, which could provide additional gains.
if the altcoin fails to surpass $0.168 and loses support at $0.151, the bullish thesis will be invalidated. $1.5 billion worth of DOGE tokens will lead to losses, leaving Dogecoin’s price more vulnerable to further corrections.
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$DOGE
Shiba Inu Sees Major Whale Movements
Trillions of SHIB on the Move
SHIB‘s price began to fall after sales earlier in the week but showed upward movements as the week progressed. By the weekend, SHIB rose to just below a resistance of $0.000028. Particularly noteworthy was the transactions conducted by whales on the chain. In the last 24 hours, 3.19 trillion SHIB were seen moving.
According to data from IntoTheBlock, Shiba Inu transactions over $100,000 saw a significant increase last week, reaching a total value of $661.5 million. On April 19 alone, these large transactions were worth $144.76 million, pointing to 6.36 trillion SHIB. Especially in the last 24 hours, large transactions reached $82.49 million worth of 3.19 trillion SHIB.
Where Are Whales Sending SHIB?
In an environment where such a large amount of SHIB is moving, the real question is where the whales are sending their tokens. On-chain data shows transactions reflecting the mixed feelings of major holders. It is indicated that there are both inflows to and outflows from exchanges.
A particularly notable transaction was the transfer of 100 billion SHIB tokens to a cryptocurrency exchange on Sunday. This situation points to the possibility of the whale potentially making a sale and a short-term price drop among investors.
What’s the Current Status of SHIB’s Price?
According to current data, SHIB is trading at $0.00002685, up 6.65% in the last 12 hours. At the same time, Shiba Inu has gained 16% in value over the last seven days, rising in market value ranking and steadily moving to take Cardano‘s place.
This week, SHIB’s price movement could become even more active as bulls test the resistance level of $0.000028. According to data from IntoTheBlock, 6.62 trillion SHIB tokens were purchased at this price level. 28,760 addresses are expecting to make a profit. This situation points to a journey towards other resistance levels like $0.000029 and $0.000030.
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$SHIB
Trillions of SHIB on the Move
SHIB‘s price began to fall after sales earlier in the week but showed upward movements as the week progressed. By the weekend, SHIB rose to just below a resistance of $0.000028. Particularly noteworthy was the transactions conducted by whales on the chain. In the last 24 hours, 3.19 trillion SHIB were seen moving.
According to data from IntoTheBlock, Shiba Inu transactions over $100,000 saw a significant increase last week, reaching a total value of $661.5 million. On April 19 alone, these large transactions were worth $144.76 million, pointing to 6.36 trillion SHIB. Especially in the last 24 hours, large transactions reached $82.49 million worth of 3.19 trillion SHIB.
Where Are Whales Sending SHIB?
In an environment where such a large amount of SHIB is moving, the real question is where the whales are sending their tokens. On-chain data shows transactions reflecting the mixed feelings of major holders. It is indicated that there are both inflows to and outflows from exchanges.
A particularly notable transaction was the transfer of 100 billion SHIB tokens to a cryptocurrency exchange on Sunday. This situation points to the possibility of the whale potentially making a sale and a short-term price drop among investors.
What’s the Current Status of SHIB’s Price?
According to current data, SHIB is trading at $0.00002685, up 6.65% in the last 12 hours. At the same time, Shiba Inu has gained 16% in value over the last seven days, rising in market value ranking and steadily moving to take Cardano‘s place.
This week, SHIB’s price movement could become even more active as bulls test the resistance level of $0.000028. According to data from IntoTheBlock, 6.62 trillion SHIB tokens were purchased at this price level. 28,760 addresses are expecting to make a profit. This situation points to a journey towards other resistance levels like $0.000029 and $0.000030.
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$SHIB
FLOKI Coin Price Prediction
Among the most popular meme coins, FLOKI INU (FLOKI) could target the $0.00022246 threshold if it closes above $0.00017893. Closures above this level could test the previous historical peak, potentially setting a new ATH. In the opposite scenario, the current supports are $0.00012452 and $0.00009606
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$FLOKI
Among the most popular meme coins, FLOKI INU (FLOKI) could target the $0.00022246 threshold if it closes above $0.00017893. Closures above this level could test the previous historical peak, potentially setting a new ATH. In the opposite scenario, the current supports are $0.00012452 and $0.00009606
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$FLOKI
Watch Out for Shiba Inu (SHIB) Prices
the developer team of Shiba Inu (SHIB) continues to work on expanding its ecosystem, including the launch of a new layer-3 blockchain that has excitedly surrounded SHIB. SHIB’s lead developer Shytoshi Kusama commented on the development:
We are excited to receive support from strong venture capitalists, angel investors, and brands as this large decentralized experiment progresses towards completion.
Shiba Inu is trading at $0.00002696, which means it has experienced a 1.55% price increase in the last 24 hours. Following recent rises, SHIB’s monthly gains also showed a 3.11% increase. Over the last 7 days, SHIB has seen a strong 18% rise.
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$SHIB
the developer team of Shiba Inu (SHIB) continues to work on expanding its ecosystem, including the launch of a new layer-3 blockchain that has excitedly surrounded SHIB. SHIB’s lead developer Shytoshi Kusama commented on the development:
We are excited to receive support from strong venture capitalists, angel investors, and brands as this large decentralized experiment progresses towards completion.
Shiba Inu is trading at $0.00002696, which means it has experienced a 1.55% price increase in the last 24 hours. Following recent rises, SHIB’s monthly gains also showed a 3.11% increase. Over the last 7 days, SHIB has seen a strong 18% rise.
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$SHIB
Will Dogecoin (DOGE) Rise?
According to an analysis by renowned crypto expert Ali Martinez, after breaking out of a descending triangle formation, Dogecoin (DOGE) is consolidating and could make the right move in the coming weeks. However, DOGE is still far from the mentioned level.
Dogecoin’s (DOGE) price is trading at $0.1603, having recently surpassed its critical price level of $0.16. It experienced a 0.62% increase today, indicating a stable outlook, though it saw less than 1% price increase over the past week. As of April 22, it has gained over 8% for the month.
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$DOGE
According to an analysis by renowned crypto expert Ali Martinez, after breaking out of a descending triangle formation, Dogecoin (DOGE) is consolidating and could make the right move in the coming weeks. However, DOGE is still far from the mentioned level.
Dogecoin’s (DOGE) price is trading at $0.1603, having recently surpassed its critical price level of $0.16. It experienced a 0.62% increase today, indicating a stable outlook, though it saw less than 1% price increase over the past week. As of April 22, it has gained over 8% for the month.
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$DOGE
What Will XRP (XRP) Cost ?????
As we shared with you on April 20, according to an analysis by crypto expert Egrag Crypto, considering the historical price movements and chart patterns of the token from 2017 and 2021, XRP could be ready for an incredible price movement after the consolidation period.
XRP is currently trading at $0.5351, indicating a nearly 2% rise. Additionally, XRP has risen by about 6% over the past 7 days, but it has experienced a decline of over 11% in the last month, causing concern among investors..
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$XRP
As we shared with you on April 20, according to an analysis by crypto expert Egrag Crypto, considering the historical price movements and chart patterns of the token from 2017 and 2021, XRP could be ready for an incredible price movement after the consolidation period.
XRP is currently trading at $0.5351, indicating a nearly 2% rise. Additionally, XRP has risen by about 6% over the past 7 days, but it has experienced a decline of over 11% in the last month, causing concern among investors..
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$XRP
Terra Classic Community Restores Key IBC..
Terra Luna Classic community has approved a key proposal to update the IBC client between Terra Classic and Kujira (from 07-tendermint-178 to 07-tendermint-246), allowing the connection between the two chains to work again. This will open up liquidity while free up frozen funds, improving the Terra Classic revival effort.
Terra Classic Proposal To Restore IBC to Kujira Approved
Proposal 12099 “Restore IBC to Kujira” is approved by the Terra Luna Classic community, with the proposal receiving unanimous support. The RakoffToken team proposed to re-enable IBC client 07-tendermint-178 connection between Terra Classic and Kujira.
The IBC client 07-tendermint-178 will be upgraded to IBC client 07-tendermint-246 to restore the connection between the chains and free up frozen funds.
The proposal has received 99.99% of the votes in favor from the community, indicating the unanimous support from the community in restoring the lost connection between chains through inter-blockchain communication (IBC). Validators also showed unwavering support with 36 validators including Allnodes, Interstellar Lounge, HappyCattyCrypto, Luna Station 88.
Meanwhile, the community actively looks for a complete solution to resolve risks of peer-to-peer storm attacks. Genuine Labs’ proposal to decrease MaxBlockSize from 5mb to 2mb as an initial security measure to counter peer-to-peer spam.
LUNC and USTC Prices Performance
LUNC price jumped 1% in the last 24 hours and 6% in a week, with the price currently trading at $0.0001112. The 24-hour high and low are $0.0001063 and $0.0001121, respectively. Moreover, trading volume decreased slightly in the last 24 hours, indicating a rise in interest among traders. The community remains confident on LUNC price hitting $1.
USTC price is also up 1% after it climbed 20% higher last week, with the price currently trading at $0.0200. The 24-hour low and high are $0.01918 and $0.02036, respectively.
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$LUNA
Terra Luna Classic community has approved a key proposal to update the IBC client between Terra Classic and Kujira (from 07-tendermint-178 to 07-tendermint-246), allowing the connection between the two chains to work again. This will open up liquidity while free up frozen funds, improving the Terra Classic revival effort.
Terra Classic Proposal To Restore IBC to Kujira Approved
Proposal 12099 “Restore IBC to Kujira” is approved by the Terra Luna Classic community, with the proposal receiving unanimous support. The RakoffToken team proposed to re-enable IBC client 07-tendermint-178 connection between Terra Classic and Kujira.
The IBC client 07-tendermint-178 will be upgraded to IBC client 07-tendermint-246 to restore the connection between the chains and free up frozen funds.
The proposal has received 99.99% of the votes in favor from the community, indicating the unanimous support from the community in restoring the lost connection between chains through inter-blockchain communication (IBC). Validators also showed unwavering support with 36 validators including Allnodes, Interstellar Lounge, HappyCattyCrypto, Luna Station 88.
Meanwhile, the community actively looks for a complete solution to resolve risks of peer-to-peer storm attacks. Genuine Labs’ proposal to decrease MaxBlockSize from 5mb to 2mb as an initial security measure to counter peer-to-peer spam.
LUNC and USTC Prices Performance
LUNC price jumped 1% in the last 24 hours and 6% in a week, with the price currently trading at $0.0001112. The 24-hour high and low are $0.0001063 and $0.0001121, respectively. Moreover, trading volume decreased slightly in the last 24 hours, indicating a rise in interest among traders. The community remains confident on LUNC price hitting $1.
USTC price is also up 1% after it climbed 20% higher last week, with the price currently trading at $0.0200. The 24-hour low and high are $0.01918 and $0.02036, respectively.
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$LUNA
BONK Coin Sees Remarkable Growth !!!
BONK Continues Its Rise
BONK has reached $0.00002134, marking a 41.82% increase over the last 24 hours and a 35.83% increase over the previous seven days. BONK’s 24-hour trading volume increased by 391% with transactions worth $431.53 million. BONK continued its three-day rise from a low of $0.00001357 on April 18th to a daily high of $0.00002192. If it closes in the green today, BONK will celebrate its fourth consecutive day of gains.
The recent increase in Bonk’s price can be attributed to several reasons; the most important being the resurgence of memecoin projects in the broader cryptocurrency market. As memecoin projects regained interest, investors turned their attention to projects within the Solana ecosystem, seeking significant return opportunities.
What’s Happening on the BONK Front?
Bonk’s recent price increase may not only stem from the rise in memecoin projects; it could also be fueled by a significant proposal to burn 280 billion BONK tokens. As mentioned in a tweet, BONK DAO, the decentralized arm of BONK, received a burn proposal for 280 billion BONK tokens from its treasury.
BONK DAO, since its launch in late 2023, has proposed to burn 278,393,137,215 BONK, representing 100% of the BONK produced by BONK DAO under a revenue-sharing arrangement with BONKBot.
BONKBot, a Telegram trade bot introduced by Solana in November 2023, charges a 1% fee on all transactions, of which 10% goes to BONK DAO. BONK DAO will burn the earned BONK, reducing the total BONK supply and also accepting a matching burn process from the DAO, continuously conducted by BONKBot.
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BONK Continues Its Rise
BONK has reached $0.00002134, marking a 41.82% increase over the last 24 hours and a 35.83% increase over the previous seven days. BONK’s 24-hour trading volume increased by 391% with transactions worth $431.53 million. BONK continued its three-day rise from a low of $0.00001357 on April 18th to a daily high of $0.00002192. If it closes in the green today, BONK will celebrate its fourth consecutive day of gains.
The recent increase in Bonk’s price can be attributed to several reasons; the most important being the resurgence of memecoin projects in the broader cryptocurrency market. As memecoin projects regained interest, investors turned their attention to projects within the Solana ecosystem, seeking significant return opportunities.
What’s Happening on the BONK Front?
Bonk’s recent price increase may not only stem from the rise in memecoin projects; it could also be fueled by a significant proposal to burn 280 billion BONK tokens. As mentioned in a tweet, BONK DAO, the decentralized arm of BONK, received a burn proposal for 280 billion BONK tokens from its treasury.
BONK DAO, since its launch in late 2023, has proposed to burn 278,393,137,215 BONK, representing 100% of the BONK produced by BONK DAO under a revenue-sharing arrangement with BONKBot.
BONKBot, a Telegram trade bot introduced by Solana in November 2023, charges a 1% fee on all transactions, of which 10% goes to BONK DAO. BONK DAO will burn the earned BONK, reducing the total BONK supply and also accepting a matching burn process from the DAO, continuously conducted by BONKBot.
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Cardano’s ADA Shows Signs of Recovery and New Era......
ADA is expected to experience an impressive price increase soon. Martinez points out that ADA’s MVRV Ratio being below -22% indicates that this cryptocurrency could soon achieve a 75% gain.
MVRV Ratio is used as a metric to measure a digital asset’s valuation compared to its realized value. This ratio is crucial for determining whether a token is overvalued or undervalued based on its market price.
ADA’s MVRV ratio of -22% shows that its market value is significantly below its real value. However, the analyst predicts that ADA, having experienced strong recoveries in similar past situations, could reach a market price of $0.80 in the coming weeks. Currently, the cryptocurrency ADA is trading at $0.48, having gained 2.43% in the last hour, with its daily volume up 43.07% to $595.30 million.
Cardano Enters a New Era of Decentralized Governance
Cardano network is entering a new era of decentralized governance. According to an announcement by Frederick Gregaard, CEO of the Cardano Foundation, on April 18, the rules for these changes will soon be implemented.
According to Gregaard, these interim rules will focus on core network values such as transparency, openness, and responsible decision-making. Every ADA cryptocurrency holder will be offered certain rights and responsibilities through an inclusive governance tool, aiming to shape the future of the Cardano ecosystem.
For investors, it is beneficial to follow ADA’s price movements. The cryptocurrency ADA can act quickly
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ADA is expected to experience an impressive price increase soon. Martinez points out that ADA’s MVRV Ratio being below -22% indicates that this cryptocurrency could soon achieve a 75% gain.
MVRV Ratio is used as a metric to measure a digital asset’s valuation compared to its realized value. This ratio is crucial for determining whether a token is overvalued or undervalued based on its market price.
ADA’s MVRV ratio of -22% shows that its market value is significantly below its real value. However, the analyst predicts that ADA, having experienced strong recoveries in similar past situations, could reach a market price of $0.80 in the coming weeks. Currently, the cryptocurrency ADA is trading at $0.48, having gained 2.43% in the last hour, with its daily volume up 43.07% to $595.30 million.
Cardano Enters a New Era of Decentralized Governance
Cardano network is entering a new era of decentralized governance. According to an announcement by Frederick Gregaard, CEO of the Cardano Foundation, on April 18, the rules for these changes will soon be implemented.
According to Gregaard, these interim rules will focus on core network values such as transparency, openness, and responsible decision-making. Every ADA cryptocurrency holder will be offered certain rights and responsibilities through an inclusive governance tool, aiming to shape the future of the Cardano ecosystem.
For investors, it is beneficial to follow ADA’s price movements. The cryptocurrency ADA can act quickly
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Shiba Inu Altcoin Gains Attention with Increased Token Burn Rate!!!
Token Burn Rate Surges Over 176%
Shiba Inu’s mainnet asset SHIB has shown a roughly 6% increase in the last 24 hours, sending bullish signals to the cryptocurrency market and leading to speculation about its future price trajectory. Recent analysis by experts points to a potential rise to the $0.00004 level, sparking interest among investors.
A platform that tracks token burns for Shiba Inu, Shibburn, reveals that 714.13 million SHIB tokens were burned in the last 7 days, resulting in a significant 176.33% increase in the weekly token burn rate. This reduction in SHIB supply, combined with the total amount burned from the initial supply reaching 410.72 trillion, is emerging as a serious bullish factor for the altcoin.
The largest token burn event in the last 7 days was recorded on April 14th, with 650 million SHIB tokens burned, significantly contributing to the increase in the token burn rate over the last 7 days. Strong token burn activity, supported by on-chain data indicating an upward trend for the altcoin, appears to be bolstering SHIB’s price increase.
Short-Term Target of $0.00004 Expected
SHIB’s price is at $0.0000227, with a 4.67% increase in the last 24 hours. Despite corrections prior to Bitcoin‘s fourth block reward halving and recent dips below the $0.00002 threshold, SHIB’s price has shown resilience and is following the general market recovery post-halving.
Technical analysis shows SHIB demonstrating strength and moving with positive momentum. As a result, with increased demand pressure, the altcoin’s price has risen to $0.000023. Additionally, technical analysis indicates a potential rally for SHIB, further supported by optimistic market sentiments following Bitcoin’s block reward halving.
Looking ahead, if the bullish trend continues, SHIB is expected to target $0.00004 in the short term. However, considering past data and market trends, a prolonged consolidation phase post-halving is likely,
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Token Burn Rate Surges Over 176%
Shiba Inu’s mainnet asset SHIB has shown a roughly 6% increase in the last 24 hours, sending bullish signals to the cryptocurrency market and leading to speculation about its future price trajectory. Recent analysis by experts points to a potential rise to the $0.00004 level, sparking interest among investors.
A platform that tracks token burns for Shiba Inu, Shibburn, reveals that 714.13 million SHIB tokens were burned in the last 7 days, resulting in a significant 176.33% increase in the weekly token burn rate. This reduction in SHIB supply, combined with the total amount burned from the initial supply reaching 410.72 trillion, is emerging as a serious bullish factor for the altcoin.
The largest token burn event in the last 7 days was recorded on April 14th, with 650 million SHIB tokens burned, significantly contributing to the increase in the token burn rate over the last 7 days. Strong token burn activity, supported by on-chain data indicating an upward trend for the altcoin, appears to be bolstering SHIB’s price increase.
Short-Term Target of $0.00004 Expected
SHIB’s price is at $0.0000227, with a 4.67% increase in the last 24 hours. Despite corrections prior to Bitcoin‘s fourth block reward halving and recent dips below the $0.00002 threshold, SHIB’s price has shown resilience and is following the general market recovery post-halving.
Technical analysis shows SHIB demonstrating strength and moving with positive momentum. As a result, with increased demand pressure, the altcoin’s price has risen to $0.000023. Additionally, technical analysis indicates a potential rally for SHIB, further supported by optimistic market sentiments following Bitcoin’s block reward halving.
Looking ahead, if the bullish trend continues, SHIB is expected to target $0.00004 in the short term. However, considering past data and market trends, a prolonged consolidation phase post-halving is likely,
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MICON Group on Elon Musk,DOGECOIN and Tesla’s Bitcoin Transactions!!!!!!
some time ago,Elon Musk made a statement on Dogecoin become the next BTC or even more.
some days ago Elon Musk also give an order to tesla to stop the acceptances of BITCOIN as means of payment, the acceptance of Bitcoin by Tesla played a tremendous role in cryptocurrency in 202.. all elon musk tweet about Dogecoin,Elon musk and Dogecoin are up to something .
MICON team are on it, stay turn soooooonnnn
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some time ago,Elon Musk made a statement on Dogecoin become the next BTC or even more.
some days ago Elon Musk also give an order to tesla to stop the acceptances of BITCOIN as means of payment, the acceptance of Bitcoin by Tesla played a tremendous role in cryptocurrency in 202.. all elon musk tweet about Dogecoin,Elon musk and Dogecoin are up to something .
MICON team are on it, stay turn soooooonnnn
FOLLOW.......
COMMENTS......
LIKE......
SHARE....
Follow on X....
Binance Announces System Upgrade for Enhanced Futures Trading
Update to Start on April 23
Cryptocurrency exchange Binance will perform maintenance on the WebSocket server of the USDⓈ-M futures platform starting at 09:00 AM on April 23, 2024. The update is expected to last approximately two hours, during which significant improvements in performance and stability are planned for Binance’s USDⓈ-M futures platform’s WebSocket server.
According to Binance’s announcement, the update will focus on significant enhancements aimed at increasing the performance and stability of the USDⓈ-M futures platform’s WebSocket server. These improvements are intended to optimize user experience and ensure seamless access to account information and market data for investors using Binance’s futures trading platform.
During the planned system update, users may experience temporary connection disruptions with the WebSocket server of Binance’s USDⓈ-M futures trading platform, which facilitates the retrieval of account information and real-time market data. In the event of such disruptions, the cryptocurrency exchange has advised API users to reconnect to the USDⓈ-M futures platform’s WebSocket server to continue normal operations.
Trading Operations to Continue Uninterrupted
Binance has stated that trading operations on the USDⓈ-M futures platform will continue smoothly during the system update. The cryptocurrency exchange assures users that they can continue trading futures uninterrupted during the update.
As with every system update, the cryptocurrency exchange notes that the duration of the update is based on estimates and may vary, but all features affected by the update will resume after its completion. Therefore, users can expect normal service to be swiftly restored following the update without waiting for another announcement from the exchange.
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Update to Start on April 23
Cryptocurrency exchange Binance will perform maintenance on the WebSocket server of the USDⓈ-M futures platform starting at 09:00 AM on April 23, 2024. The update is expected to last approximately two hours, during which significant improvements in performance and stability are planned for Binance’s USDⓈ-M futures platform’s WebSocket server.
According to Binance’s announcement, the update will focus on significant enhancements aimed at increasing the performance and stability of the USDⓈ-M futures platform’s WebSocket server. These improvements are intended to optimize user experience and ensure seamless access to account information and market data for investors using Binance’s futures trading platform.
During the planned system update, users may experience temporary connection disruptions with the WebSocket server of Binance’s USDⓈ-M futures trading platform, which facilitates the retrieval of account information and real-time market data. In the event of such disruptions, the cryptocurrency exchange has advised API users to reconnect to the USDⓈ-M futures platform’s WebSocket server to continue normal operations.
Trading Operations to Continue Uninterrupted
Binance has stated that trading operations on the USDⓈ-M futures platform will continue smoothly during the system update. The cryptocurrency exchange assures users that they can continue trading futures uninterrupted during the update.
As with every system update, the cryptocurrency exchange notes that the duration of the update is based on estimates and may vary, but all features affected by the update will resume after its completion. Therefore, users can expect normal service to be swiftly restored following the update without waiting for another announcement from the exchange.
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The Future of PEPE
PEPE appeared to continue in a downtrend. The Relative Strength Index (RSI) continued to trade in the 30-40 range, which was interpreted as strong selling pressure.
A movement above 40 could support a bullish outlook, as the 40-50 range is generally seen as a good support level during bull markets. The On-Balance Volume (OBV) moved similarly to the price direction.
Latest Situation Among Whales
Despite recent price drops in PEPE, whales continued to accumulate the meme coin at lower price levels. Analyses and findings using Santiment data showed a noticeable increase in the number of wallets holding between 1,000 and 1 million coins.
On the other hand, the number of positive comments about the cryptocurrency was higher than negative ones, paving the way for a positive Weighted Sentiment to emerge.
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PEPE appeared to continue in a downtrend. The Relative Strength Index (RSI) continued to trade in the 30-40 range, which was interpreted as strong selling pressure.
A movement above 40 could support a bullish outlook, as the 40-50 range is generally seen as a good support level during bull markets. The On-Balance Volume (OBV) moved similarly to the price direction.
Latest Situation Among Whales
Despite recent price drops in PEPE, whales continued to accumulate the meme coin at lower price levels. Analyses and findings using Santiment data showed a noticeable increase in the number of wallets holding between 1,000 and 1 million coins.
On the other hand, the number of positive comments about the cryptocurrency was higher than negative ones, paving the way for a positive Weighted Sentiment to emerge.
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$PEPE
XRP Investors Show Patience (XRP Price Outlook)
A decline in XRP price was expected due to sales by Ripple, as it was moving within a bearish outlook.
However, during this period, investors demonstrated resistance by refusing to sell their XRP holdings. The network’s realized profit/loss indicator shows that investors have largely incurred losses following the price drop.
Such situations typically lead to accumulation or HOLD scenarios. This occurs because investors prefer to avoid joining the network rather than accepting their losses.
This existing resistance situation is further highlighted by the Average Coin Age (MCA) indicator. This indicator reveals the average age of all coins in a cryptocurrency network, helping to understand the network’s activity level and its potential market movements.
An increase in this indicator suggests that investors are holding onto their assets, while a decrease reflects potential sales, i.e., XRP being moved between addresses. Such resistance could direct investors towards a bullish trend and potentially drive the price upwards.
XRP Price Outlook
The recent decline in XRP price was considered part of a descending triangle model associated with a bear market. As predicted by the model, a potential 25% price correction could have dropped the XRP token’s price to $0.42. However, contrary to this, the altcoin ended its decline at $0.47.
the altcoin is trading at $0.4963, currently 13% above the expected bearish target. On the other hand, the XRP price is only 13% away from regaining the significant resistance/support level of $0.60.
XRP has fallen to the 7th position in market rankings following recent declines. The market cap at the time of writing was over $27 billion, while the 24-hour trading volume had decreased by 2.6%, amounting to $1.8 billion.
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A decline in XRP price was expected due to sales by Ripple, as it was moving within a bearish outlook.
However, during this period, investors demonstrated resistance by refusing to sell their XRP holdings. The network’s realized profit/loss indicator shows that investors have largely incurred losses following the price drop.
Such situations typically lead to accumulation or HOLD scenarios. This occurs because investors prefer to avoid joining the network rather than accepting their losses.
This existing resistance situation is further highlighted by the Average Coin Age (MCA) indicator. This indicator reveals the average age of all coins in a cryptocurrency network, helping to understand the network’s activity level and its potential market movements.
An increase in this indicator suggests that investors are holding onto their assets, while a decrease reflects potential sales, i.e., XRP being moved between addresses. Such resistance could direct investors towards a bullish trend and potentially drive the price upwards.
XRP Price Outlook
The recent decline in XRP price was considered part of a descending triangle model associated with a bear market. As predicted by the model, a potential 25% price correction could have dropped the XRP token’s price to $0.42. However, contrary to this, the altcoin ended its decline at $0.47.
the altcoin is trading at $0.4963, currently 13% above the expected bearish target. On the other hand, the XRP price is only 13% away from regaining the significant resistance/support level of $0.60.
XRP has fallen to the 7th position in market rankings following recent declines. The market cap at the time of writing was over $27 billion, while the 24-hour trading volume had decreased by 2.6%, amounting to $1.8 billion.
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$XRP
Binance Announces Upcoming Stacks (STX) Network Upgrade
Cryptocurrency exchange Binance today made an announcement regarding an altcoin, informing its users. The cryptocurrency mentioned in the announcement is Stacks (STX). Let’s look at the details of the announcement made by Binance.
Binance Cryptocurrency Exchange Announces Stacks (STX) Update
In the statement made by Binance, it was indicated that starting from 15:00 on April 22, 2024, Turkey time, deposit and withdrawal transactions of the cryptocurrency Stacks (STX) tokens will be suspended to support the network upgrade and hard fork, aiming to provide the best user experience.
The network upgrade and hard fork are expected to occur on April 22, 2024, at the Bitcoin block height of 840,360.
Other Related Details Announced
Cryptocurrency exchange Binance informed its users about other details, stating that the trading of tokens on the mentioned network will not be affected.
Binance also emphasized that it will meet all technical requirements for all users. Deposit and withdrawal operations for tokens on the mentioned network will be reopened once the upgraded network is considered stable. Additionally, no further announcements will be published.
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Cryptocurrency exchange Binance today made an announcement regarding an altcoin, informing its users. The cryptocurrency mentioned in the announcement is Stacks (STX). Let’s look at the details of the announcement made by Binance.
Binance Cryptocurrency Exchange Announces Stacks (STX) Update
In the statement made by Binance, it was indicated that starting from 15:00 on April 22, 2024, Turkey time, deposit and withdrawal transactions of the cryptocurrency Stacks (STX) tokens will be suspended to support the network upgrade and hard fork, aiming to provide the best user experience.
The network upgrade and hard fork are expected to occur on April 22, 2024, at the Bitcoin block height of 840,360.
Other Related Details Announced
Cryptocurrency exchange Binance informed its users about other details, stating that the trading of tokens on the mentioned network will not be affected.
Binance also emphasized that it will meet all technical requirements for all users. Deposit and withdrawal operations for tokens on the mentioned network will be reopened once the upgraded network is considered stable. Additionally, no further announcements will be published.
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