Ripple’s XRP on the Cusp of a Massive Supply Shock to $130 P | CMDexTools on Binance Square

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Ripple’s XRP on the Cusp of a Massive Supply Shock to $130 Price As Massive XRP Burn Expected
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#XRP #Binance #CryptoNight 

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$BTC #Binance Why did Bitcoin and Altcoins Crash ? WIN 10 BTC? follow me " @CMDexTools " The last 24 hours were brutal for the crypto market as BTC crashed below $60k while alts crashed 30%–50%. The primary reason behind this crash was the Iran drone attack on Israel. During a war, commodities like oil and gold rise in value, which results in high inflation. High inflation means no rate cuts, which is bearish for stocks and crypto. This is why crypto sold off heavily yesterday, as people anticipated that this war could lead to high inflation, which would result in no rate cuts. Once BTC and alts started crashing, those who had high leverage positions open started getting liquidated, which resulted in more forced selling. Something similar happened during Covid in March 2020, Russia Ukraine war when the market panic sold and then rebounded within a month As per some media sites, Iran already made their allies aware in advance This means that the cartel were already ready for this dump They just waited till the weekend as there was low volume and then crashed the market After market started panic selling, they bought the dip as usual which resulted in a quick bounce The lesson here is to avoid leveraged trades and keep your portfolio in spot. This is the best way to maximize your gains while keeping your risks to a minimum. Right now, BTC is trading above $63k with a strong support at $60k level If $60k level don't hold, there is a strong support level at $56k - $58k where most of the new whales (ETF buyers) have bought their BTC Keep in mind that after every black swan event, the crypto market has witnessed parabolic runs and the same will happen this time too Hit like if you found this helpful 🤝 #Binance #Bitcoin #CryptoNight

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#Shibainu Stays Above $0.000024, Here’s How Much You Need to Make $1M if $SHIB Rises 1000% WIN 10 BTC? follow me X " @CMDexTools " The recent slump in the Shiba Inu price has created an opportunity for investors to acquire it at a discounted rate, aligning with the goal of achieving a $1 million portfolio. #Cryptocurrency markets have recently witnessed a downturn, with Bitcoin (BTC) plummeting below the $65,000 mark, primarily triggered by hotter-than-expected U.S. inflation data. This has led to a sell-off in risk assets as investors seek safer havens. Shiba Inu has also been affected by this market turmoil, experiencing a significant decline. However, many see this as a chance to buy the dip and acquire assets at reduced prices. Yesterday, Shiba Inu dropped to a one-month low of $0.00002140 before recovering slightly. Despite trading above the $0.000024 level, it remains down by 11% over the last 24 hours, with a notable 10% decline recorded yesterday. Currently priced at $0.00002450, investors seizing the opportunity to buy Shiba Inu at a discount are entering the market, accumulating more tokens in anticipation of a potential price recovery towards the $0.00003 region. Some market participants have set ambitious targets for SHIB, envisioning a 1,000% increase. At its current position, Shiba Inu would reach a high of $0.0002695 if it achieves this target. While this represents a lofty goal, analysts from platforms like Changelly believe it's possible, albeit not during this market cycle. Changelly analysts project a timeline of March 2030 for Shiba Inu to hit $0.0002695, while Telegaon predicts an average price of $0.000289 by 2028. Investors are considering the potential for a 1,000% surge in SHIB, calculating how much they'd need to invest to reach $1 million. At the projected price of $0.0002695, around 3.7 billion SHIB tokens, valued at $90,909, would be required. However, it's crucial to approach such projections cautiously, considering the speculative nature of cryptocurrency markets. #SHIBA_INU #Shibarium #CryptoNight

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