If you put $100 into Dogecoin coinciding with Elon Musk's first tweet about digital currencies, the value of your investment today would be impressive. On July 17, 2020, Musk posted a poignant tweet about Dogecoin, accompanied by an image suggesting that its impact on the financial system was inevitable.

On April 2, 2019, the price of Dogecoin was $0.002552, and if you had bought this amount of Dogecoin, you would have received 39,185 DOGE. Based on the current Dogecoin price of $0.08420, the value of the $100 you invested will now be $3,299.38, with an estimated profit rate of 3,199.4%.

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The price of Bitcoin rose more than 10% and reached about $58,000. BTC is indicating a strong upward trend, and it could rise towards the $60,000 resistance level. Bitcoin price seems to be gaining momentum above the $55,000 resistance area. The price is currently trading above $55,000 USD, and the 100 hourly simple moving average is supporting this uptrend. A major downtrend line was also broken with resistance at $51,600 on the BTC/USD chart (data feed from Kraken). The pair could extend its current rise towards the $60,000 resistance area. On the other hand, Bitcoin price remains in a good bid above the $50,500 support area. A support base was formed above the $51,500 level and the price started a new rise. BTC gained bullish momentum after breaking the $51,600 and $52,000 resistance levels. Immediate resistance is near the $56,800 level, and the next major resistance could be at $57,000. Above this level, the price could rise towards the $58,000 resistance area. If the bulls continue, the price may cross $58,000 and test $58,800. The main hurdle for them is clearly near the $60,000 area. Will the declines be limited in BTC? If Bitcoin fails to rise above the $57,000 resistance area, it may start a downward correction. Immediate support on the downside is near the $56,000¹² level. **Bitcoin price technical analysis:**#- **Main Support**: $56,000, followed by $55,600.- **Main Resistance**: $57,000, And $58,000, and $60,000.- **Hourly MACD**: Indicates bullishness.- **Hourly RSI**: Above 50 level. If there is a close below $55,600, it may witness The price made a decent pullback towards the 50% Fib retracement level of the recent rally from the swing low at $50,950 to the swing high at $57,109. Key levels and future developments should be monitored to make informed investment decisions. **Disclaimer**: This article is provided for educational purposes only and does not express NewsBTC's views on investment. It is always best to do your own research before making any investment decisions. Use the information provided at your own risk¹.#BTCUSDT #BTC.60.000✅ #BNB‬ #Bitcoin✅ #Binance

🔥 Don't believe the rumors that#Bitcoinwill fall to very low levels. It is preparing to fly to levels never seen before. 🔥🔥 There are 5 reasons that support this huge rise in Bitcoin, which are: 👇🟢 The first reason: The high interest policy in the United States has ended and monetary and financial easing will begin soon. This means that the dollar will lose its strength and digital currencies will benefit from this.➖ The second reason: Halving is about to happen within 62 days. This means that the mining reward will be halved and thus the new supply of Bitcoin in the market will decrease.➖ Third reason: Mining difficulty has increased significantly and set a new record last week. This means that Bitcoin has become more rare and valuable.➖ Fourth reason: High and increasing liquidity entering Bitcoin spot funds. These funds attract large and institutional investors to the market.➖ Reason 5: The upcoming approval of Ethereum spot funds. These funds will increase the demand for Ethereum and other currencies related to it. 🔥 These five reasons will make Bitcoin reach $100,000 and raise the rest of the digital currencies with it, especially#ethand strong currencies. 🔥🔥 Therefore, do not miss the opportunity and buy now and do not sell. If the market falls by 15%, this is an opportunity to buy more. 🔥#Bitcoin✅ #BNB‬ #Binance. #TrendigTopic

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If you have $SHIB , this article is a must for you. I will evaluate the price and potential of the Shiba Inu in the future in a logical way 💫Despite its amazing performance in the past few years, the Shiba Inu is not likely to reach $1 or 50 cents because the number of coins in circulation is too large. But that doesn't mean that the Shiba Inu doesn't have great potential to rise. Although memes have been around since 2013, when Dogecoin was created, they only became popular in 2021. Their popularity was due to the promotion of $DOGE by famous people like Elon Musk and Mark Cuban. With the hype around Dogecoin, other meme currencies have enjoyed some attention. But in the end, the big winners were Dogecoin and Shiba Inu.💸 Key Points About Shiba Inu Coin Reaching $1 or 50 Cents💸: Given the current 589 trillion Shiba Inu coins in circulation, the meme has a market cap of $5.56 billion. If the price of SHIB reached $1 at the current number of coins in circulation, the Shiba Inu would have a market value of $589 trillion, which is not possible. The only way the price of the Shiba Inu could reach $1 or 50 cents is if the number of coins in circulation decreased significantly. Large through coin burning software. The Shiba Inu team recently launched Shibarium, a second-tier solution that burns SHIB for every transaction, which could significantly reduce the number of SHIB coins over time.The CoinCodex price algorithm predicts that SHIB's price will increase by more than +292% by the end of 2025 and +456% by 2030.🌿Shiba Inu Coin is a meme coin created in August 2020 by an anonymous person named Ryoshi and developed by lead developer Chitoshi Kusama🌿 Her name is inspired by a Shiba Inu dog on Dogecoin, and they are similar. The only big difference is that the creators built Shiba Inu on the Ethereum network. Although it was launched in 2020, it gained popularity in 2021 after Vitalik sold 50 trillion SHIB coins and donated the proceeds to the India Covid Fund. 🚀SHIB's price rose by more than 85,000,000% in one year and reached an all-time high on October 28, making it the most prominent example of a huge breakthrough in the history of cryptocurrencies. 🚀 Its meteoric rise has many wondering if it can rise further. In this article, we will discuss the possibilities of the Shiba Inu reaching significant price levels and explore the SHIB price forecast. So, the short answer to whether the Shiba Inu coin can reach 50 cents is “🔥No🔥” The main limiting factor is the number of SHIB coins in circulation , which would produce a market value of approximately $294.5 trillion if the memecoin reached the $0.50 level. We acknowledge that this answer may change significantly in the future. Some believe that the number of SHIB coins in circulation will increase dramatically with increased use of the Layer 2 Shibarium network, which burns SHIB for every transaction. There is no evidence to suggest that the burn rate will be enough to push the price of the Shiba Inu to 50 cents. However, burning a SHIB may contribute to its higher price. Conclusion: Unless something fundamental changes, such as its size, a Shiba Inu cannot reach $1, or even 50 cents. But it may be as little as 1 cent. #SHIB✅ #BTC.60.000✅ #BTCUSDT #Binance