Bitcoin Update: We have broken through the support level of 68,600 according to graphical analysis. We expect a significant recovery from this point. However, it is crucial to exercise caution in case this support is broken as we could see drops to much lower levels.
Shiba Inu and Cardano bulls are anticipating an impressive up to 25x surge in Raffle Coin pre-sale. The union between Cardano and Shiba Inu is seen with optimism, as the pre-sale of Raffle Coin is emerging as an opportunity for early investors to experience a possible rally. Cardano has capitalized on its weekly price momentum, fusing its innovative philosophy with the world of cryptocurrencies. Meanwhile, Raffle Coin emerges as a decentralized project that, in addition to harnessing the potential of cryptocurrencies, relies heavily on its loyal community to provide a fast, accessible and transparent solution, exceeding previously established expectations. Cardano resurgence in March Cardano price has seen a notable increase in the last month, recording a 42% increase. This rise comes after a period in which Cardano was showing relatively modest performance in 2024. Will ADA be able to maintain its momentum in March or will it continue its trajectory of constant innovation and strengthening its ecosystem? Cardano persists on its path to innovation, reaffirming its commitment to technological progress. Shiba Inu Traders Collect Profits, Drive Prices Down Shiba Inu saw a huge boost in early March, coinciding with the Bitcoin boom that took its price from $55,000 to $73,000. Shiba Inu came to life after recording an impressive 128% surge in a 24-hour period on March 3, tripling its value in the past month.
In my opinion, BNB will reach 10k in the future, it is a cryptocurrency with as incredible potential as Ethereum and with the burns that BNB's Binance is doing, it creates impulses that are reflected more and more in the bull market💰
Shiba Inu has now broken through most of the powerful resistance levels placed by the bears to prevent it from reclaiming its all-time high. Blockchain analysis resource IntoTheBlock (ITB) confirms that the rally from late February to early March helped SHIB overcome several obstacles. ITB data reveals that Shiba Inu's most important resistance point on the journey towards ATH lies between $0.000008 and $0.000014, where as many as 444,570 addresses bought 262.57 billion SHIB. This large volume formed a huge sales wall, preventing Shiba Inu from reaching higher levels. The average price of these purchases is $0.000010, suggesting that the sell wall was the main reason behind SHIB's inability to recover and hold the $0.00001 level.
The Shiba Inu official says that SHIB will reach $0.01, the truth is that for this to really happen, in my view, it would take many years and also burn a very high percentage of the amount of coins we still have.
So I can't tell you that it is something that is possible, really I have my goal at 0.001 which won't be easy but it is more likely!
Today, March 9, 2024, bitcoin is trading at 68.5k dollars. This 2024 is really a very positive and bullish movement for the world of cryptocurrencies, so much so that if it continues like this it is possible that at the end of the year or beginning of 2025 we will reach the 100k in BTC, although it will clearly depend on many reasons, at the moment everything is going well and to all those who in recent years said that cryptocurrencies were a scam, where are they now?
I imagine they are talking nonsense like it is coincidence or speculation 😂, as if millionaires were stupid people who waste their money on putting millions and millions into cryptocurrencies like BTC, Ethereum and even Shiba Inu, people with large amounts really know what they are doing. .
I hope this year brings great profits to all of us.
PEPE is a deflationary cryptocurrency launched on Ethereum. And this means? A deflationary cryptocurrency is a digital currency designed to reduce its supply over time. The main goal of deflationary cryptocurrencies is to prevent the digital finance market from being flooded with digital assets in the long run while increasing the value of the currency.
What do you think about PEPE, do you think he will be the new shiba inu?
The future of the shiba inu has always been inexplicable, sometimes it gives expectations beyond what is imaginable and other times it makes you think that it will not amount to anything, the truth is that I think that in the very long term we will get a lot of money, it all depends on the number of shibas that you are clear about this.
Thank you for reading this far, I like to share my thoughts and other times my predictions.
Bitcoin's rally has sparked a surge for Shiba Inu (SHIB) and several major cryptocurrencies. Dogecoin (DOGE) followed, amid increased excitement around its upgrades. However, more and more attention is being paid to NuggetRush's growing presence in the gaming industry. NuggetRush has sold over 210 million NUGX tokens, indicating skyrocketing demand for its services. However, can NUGX become one of the top DeFi projects?
Shiba Inu (SHIB) has maintained its position as one of the best cryptocurrency investments in 2024 after a sharp rise in February. Like other meme coins, Shiba Inu's growth slowed in January. However, Shiba Inu (SHIB) rallied in February amid market optimism caused by Bitcoin's recent surge.