#Velodrome PRICE PREDICTION? | Riyu811800 on Binance Square

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#Velodrome PRICE PREDICTION?

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#WhalesBuying 🐋 🐋 🐋 🐋 🐋 🐋 🐋 Crypto Whales Are Buying the Dip: BTC, ADA, XRP, DOGE See Huge Moves. Cardano Whales Return Strong #Cardano (ADA) has been on a remarkable run, doubling its value over the past month. However, the last week saw a 4% decline, hinting at some short-term selling. Martinez reports that Cardano whales have been especially active in the past 48 hours, purchasing over 80 million ADA tokens. Despite a 6.22% price drop, with ADA currently at $1.14 per token, large investors are undeterred. #Dogecoin Is Raising the Bar! Dogecoin (DOGE), a popular meme coin, has struggled to break above the $0.50 mark. Still, whales are taking advantage of the market dip. Martinez highlights that investors holding between 10 million and 100 million DOGE tokens bought an impressive 210 million DOGE during the correction. Despite a 4.7% decline in price, leaving DOGE at $0.402, whales remain optimistic about its future growth, even as the token’s volatility continues. #XRP Draws Strong Whale Interest XRP, the third-largest cryptocurrency, has dropped 5% today, now trading at $2.43. But that hasn’t stopped whales from stepping in. Wallets holding between 1 million and 10 million XRP tokens bought over 100 million XRP during the dip. This whale activity shows strong confidence in XRP’s future, despite ongoing price fluctuations. With fears of SEC actions fading, investor sentiment toward XRP is improving, pointing to its long-term resilience.

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#gainercoin 🗽 Biggest Altcoin Gainers of the Second Week of December 2024. 1.Hyperliquid's price surged 48.6% to $21.48, driven by strong demand, limited selling, and lack of exchange listings. 2.Virtuals Protocol (VIRTUAL) climbed 41.5% to $2.57, fueled by AI token demand and sustained buying pressure 3.Aave rose 36.20% as whales and a Trump-linked crypto project accumulated the token. as the price eyes $440.

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#CryptoNewss 100X 🪙🎇💥 $1.2 Million Raised In This New Coin! 5 New 100X Tokens Tipped as the Next Crypto to Explode. Top Best Next Crypto To Explode 1.Aureal One (DLUME) 2.DexBoss (DEBO) 3.yPredict (YPRED) 4.Dogecoin (DOGE) 5.Celer Network (CELR)

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#shibatrend 🐂🐂🐂🪙🪙 MAJOR TWIST IN SHIBA INU(SHIB) BURN RATE CAN TRIGGER PRICE SURGE. Burn rate activity and its implications Per a post on X, Shibburn provides hourly and weekly burn activity and price performance for the meme coin. With the total supply of SHIB at 589,257,293,677,689 and the low price, the community has contributed to the deflationary mechanism. The daily burn rate shows 2,242,442 SHIB were sent to dead wallets in the past 24 hours, representing 81.06%. However, on a weekly basis, the burn rate overall appears lower at 96.91%, with 87,892,567 SHIB incinerated. HOURLY SHIB UPDATE$SHIB Price: $0.00002865 (1hr 0.00% ▲ | 24hr 3.65% ▲ ) Market Cap: $16,894,735,192 (3.63% ▲) Total Supply: 589,257,293,677,689 TOKENS BURNT Past 24Hrs: 2,242,442 (-81.06% ▼) Past 7 Days: 87,892,567 (-96.91% ▼) — Shibburn (@shibburn) December 14, 2024 This suggests that lower burn activities were carried out for the week to stabilize supply and price performance. Market analysts say this could signal that public sentiment may be triggered as investors and traders witness efforts by the community to engage in burn activity. Notably, the drop in burn rate over the week signals that the deflationary mechanism has an effect, hence the decline. The overall outlook could indicate to investors a likely price appreciation and confidence to bet on the meme coin. Such a move could trigger a price surge for SHIB if sustained. Outlook for SHIB amid broader market dynamics As of this writing, SHIB is exchanging at $0.00002811, representing a 0.45% increase in the last 24 hours. Although market volume remains down by 23.47% at $831.44 million, the price appreciation indicates a shift in momentum. SHIB has been on a rebound journey over the week after it plunged below a critical support level of $0.000032. Despite crashing to a low of $0.00002447, the burn activity has supported its climb back up. Overall, the retracement in the broader crypto sector could also support triggering a surge for SHIB.

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#Shibainuholder CAN SHIBA INU PRICE RALLY SOAR TO $1 AS BURN RATE JUMPS? Shiba Inu price continued to consolidate this weekend even as some cryptocurrency analysts remained optimistic. Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.00002812, up by 163% from its lowest level in August. Some analysts predict that Shiba Inu was on the cusp of a strong bullish breakout in the coming weeks. In an X post, SHIB Mortal, predicted that the coin would jump to $1 in this bull run. Shibainu #SHIB Is Going Past $1.00 This Cycle. If You Agree Follow, Like & ReTweet pic.twitter.com/2DcuoglsNj — SHIB Mortal (@SHIBMortal) December 5, 2024 Similarly, Daink, a popular trader with over 88k followers, expects the coin to have a strong bullish breakout. He cited its strong technicals on the monthly chart. One of the most cited bullish catalysts for Shiba Inu price is its ongoing token burn. According to ShibBurn, the 24-hour burn rate rose by 425% to 71,122,860 coins. These burns brought the total number of burnt Shiba Inu coins to over 410 trillion. Those in circulation are over 584 trillion. You might also like: 4 charged cryptos with potential to invest $1k in and make $100k in no time A token burn is a situation where coins are moved from circulation by being transferred to an inaccessible address. In Shiba Inu’s case, some of these tokens comes from its ecosystem like Shibarium and ShibaSwap. Shibarium is a relatively new layer-2 network that has handled over 645 million in transactions. It has over 2.01 million addresses, and its average block time is 20.9 seconds. Some of the BONE fees made in Shibarium are converted to SHIB and burnt. Another potential catalyst for the Shiba Inu price is that investors are moving their tokens from exchanges. The total tokens on exchanges has dropped by 1.73% in the last seven days to 258.19 trillion.

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