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To have a million dollars worth of VET at $0.1, you would need 10,000,000 (10 million) tokens. The price of 10 million VET right now is about $350,000. The price rise would translate to a growth of over 185%. Also Read: VeChain (VET) Predicted to Rally 185%, Hit $0.077: Here is When However, the question now is whether VET can rally another 185%. In short, the project has the potential to do so. The token has already rallied by over 180% since January. If it can continue its bullish path, VET could hit $0.01 as early as next year. Changelly, however, predicts VeChain (VET) to reach $0.1 by July 2026, almost 2-and-a-half years from now. As for 2024, Changelly anticipates a maximum price of $0.06, which it could attain in December. Telegaon, on the other hand, predicts VeChain (VET) to reach $0.1 by 2025. The platform anticipates the token to hit a maximum price of $0.09 sometime in 2024. Nonetheless, we could reach the $0.1 target in 2024 if the crypto market enters a bull run. Many analysts have predicted a bull run in 2024, fuelled by a spot Bitcoin (BTC) ETF (Exchange Traded Fund) approval by the US SEC (Securities and Exchange Commission) and BTCâs halving event in April next year. VeChain #VETUSDT #vet
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In a surprising turn of events, the Shiba Inu (SHIB) token burn has experienced an unprecedented surge, witnessing an impressive increase of over 400% in the past 24 hours. This development comes as the Shiba Inu community eagerly anticipates further gains in the value of the cryptocurrency. In the past 24 hours, there have been a total of 5,316,694 $SHIB tokens burned and 6 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. pic.twitter.com/rMUNSzCxZh â Shibburn (@shibburn) December 21, 2023 Shibburn, a prominent tracker of SHIB token burns, has reported a staggering total of 5,316,694 SHIB tokens burned in the last 24 hours, accompanied by six transactions. This notable increase has propelled the burn rate to a remarkable 421.41%. As of the latest update, the current price of Shiba Inu stands at $0.00001033, marking a 1.12% uptick in the last 24 hours. Impressively, the token has surged by 23.99% in the last 30 days, adding to the optimism surrounding SHIB's performance. Positive development for SHIB This surge in the token burn rate indicates heightened activity within the Shiba Inu community, as holders actively participate in reducing the circulating supply of SHIB tokens. The burning mechanism, designed to contribute to the scarcity of the token, has become a key factor influencing the dynamics of Shiba Inu's price. In a separate positive development, as previously reported by U.Today, Lucie, the official marketing expert of the Shiba Inu team, revealed that layer-2 network Shibarium has surpassed the impressive 150 million mark in overall transaction count. This achievement underscores the growing adoption and utilization of Shiba Inu's technological infrastructure. The increased burn rate and the milestone achieved by Shibarium contribute to the positive sentiment surrounding Shiba Inu, and the community eagerly awaits further developments that may propel SHIB to new heights.#SHIBđ„
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Bitcoin rose from $40.5K support but faces resistance at $43.5K. According to Coingabbar Technical Analysis, Bitcoin recently surged, finding support at $40,500. Despite a 5% increase, bears are defending the $43,500 resistance zone. The fate of BTC hinges on overcoming the $43,500 barrier; failure could lead to a decline. On the 4-hour chart, a falling wedge pattern breakout and a Double Bottom formation signal potential bullish momentum. A symmetrical triangle on the weekly chart broke out, placing control in the hands of the bulls. The pivotal question remains: Will Bitcoin breach the crucial $43,500 level? KEY LEVELS : RESISTANCE LEVEL : $43,500-$44,000 SUPPORT LEVEL : $42,600-$42,100 Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice. #BTC #INJ #BONK #ACE
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