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The ecosystem teams behind Shiba Inu and K9 Finance set the crypto community abuzz after revealing plans to roll out a “retroactive” airdrop on leading L2 blockchain Shibarium.
#shiba⚡
#K9
#Crypto
#CryptoNewsDaddy
#CryptoNews🚀🔥"
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As #PEPE recovers, price action analysis suggests a potential trap for buyers. Here’s why PEPE could face a bearish extension. As Bitcoin stabilizes around the $102,000 mark, meme coins are navigating a rocky path. After dipping to $87 billion, the total meme coin market valuation has now recovered to $92.71 billion. Despite the overall market recovery, top meme coins like PEPE have yet to recover from yesterday’s downturn. With an intraday recovery of 9.49%, PEPE is above the $0.000011 level. PEPE Price Analysis The Pepe price action in the daily chart reveals a falling channel pattern breakdown. On January 26, a pullback of 7.35% breached the 200-day EMA line and the local support trend line. As the correction extended, the bears pushed prices lower, forming a triple black crow pattern. However, buyers regained control near the $0.000011 level, leading to a quick reversal. Currently, the intraday recovery has brought PEPE’s price to $0.00001257, forming a bullish harami pattern. Buyers could regain control of the trend if PEPE can overcome the recent bearish engulfing candle. Supporting the intraday recovery, the daily RSI has shifted away from the oversold boundary. However, the declining trend in the dynamic support average line continues. Following a recent negative crossover between the 20 and 100 EMA lines, the 50 and 100 EMA lines are also heading for a negative crossover. This suggests a strong selling signal for price action traders. #Cryptonews PEPE Price Chart
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Trump-branded merchandise websites have begun accepting the official Donald Trump meme coin (TRUMP) as a payment option, adding real-world utility to the crypto asset. Specifically, GetTrumpWatches.com, GetTrumpFragrances.com, and GetTrumpSneakers.com, which license former President Donald Trump’s brand, now allow customers to complete purchases using Trump. Alongside traditional payment methods such as credit cards and Bitcoin, the addition of Trump provides an alternative payment option for supporters. Trump Meme Coin Gains More Use Cases Notably, the move addresses concerns regarding the meme coin’s primary use beyond speculation. Besides, TRUMP’s adoption aligns with broader efforts to encourage crypto transactions for online purchases. Notably, stablecoins, which maintain value pegged to traditional currencies, have seen increased payment use. However, crypto assets with fluctuating prices, such as Trump, have struggled to gain traction as a reliable payment method. The TRUMP meme coin launched on the Solana blockchain has around 700,000 holders. Customers purchasing from Trump-affiliated online stores can complete transactions using the “Solana Pay” option. Beyond retail, Travala.com, a blockchain-based travel booking service, recently added TRUMP to its payment options. Specifically, it allows users to book hotels, flights, and activities worldwide with the TRUMP meme coin. The platform supports over 100 cryptocurrencies and facilitates digital currency transactions for travel bookings. #CryptoNewss
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