Renowned author of “Rich Dad, Poor Dad,” Robert Kiyosaki, continues to advocate for the accumulation of scarce assets, including certain cryptocurrencies. With his bestselling book translated into 51 languages and over 41 million copies sold, Kiyosaki’s views carry substantial weight. He has consistently criticized the unlimited printing of money by governments, predicting that it will eventually lead to significant economic problems. In his latest recommendations, Kiyosaki encourages his followers to invest in Bitcoin, Ethereum, and Solana.
Why Crypto? Kiyosaki has long advocated investing in “God’s money,” referring to gold and silver. He recently expanded his investment advice to include cryptocurrencies due to their limited nature. Describing Bitcoin as a promising asset, Kiyosaki has also highlighted Solana (SOL) and Ethereum (ETH) in his recent statements. He firmly believes that rising foreign debt and economic mismanagement will make these digital assets highly valuable in the near future.
Predictions for 2024 Kiyosaki predicts that Bitcoin could reach a price of $350,000 by August 2024. While he admits that this is speculative, he stands by his belief. His confidence in the continued rise in the prices of Bitcoin, Ethereum, and Solana is not rooted in the assets themselves, but in his distrust of current economic leaders. He refers to President Biden, Treasury Secretary Yellen, and Fed Chair Powell as incompetent, advising people to protect themselves by investing in gold, silver, and these cryptocurrencies.
Key Actionable Insights Consider diversifying your investment portfolio to include Bitcoin, Ethereum, and Solana.
Bitcoin Author Projects 193,774% Surge for Shiba Inu to $0.05 $SHIB
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Over the past 24 hours, Shiba Inu has emerged as one of the best-performing assets, posting gains of over 8%. SHIB previously recorded an intraday low of $0.00002365, but the surge of bulls has pushed it to a new daily high of $0.00002592 at press time.
Shiba Inu’s gradual comeback has attracted bullish market watchers who are revising their outlook in the burgeoning bull market. Bitcoin author Jason Williams is one such market watcher. Shiba Inu to surge 193,774% this season In a recent post on X, Williams boldly set a target of $0.05 for Shiba Inu in this ongoing bull cycle. This ambitious Shiba Inu projection aligns with his anticipated Bitcoin rally to $336,000 between now and 2025.
At last check, Shiba Inu is trading at $0.00002579. In the hypothetical scenario where Shiba Inu sheds three zeros to trade at $0.05, it will have surged an astonishing 193,774%. What SHIB Trading at $0.05 Means Essentially, Williams predicts a 1,937x price growth for Shiba Inu by 2025. Notably, his projection for Bitcoin to hit $336k this cycle implies only a four-fold gain, putting BTC’s market cap at around $6.6 trillion. Other industry commentators have issued comparable targets for Bitcoin this cycle.
Meanwhile, if Shiba Inu were to hit $0.05, its market cap would increase to $29.46 trillion, surpassing Bitcoin’s market cap by more than four times. This implies that Williams expects Shiba Inu to outperform Bitcoin in the spotlight this cycle, possibly without realizing it. This is highly speculative and unlikely. Analytic Suggestion for When Shiba Inu Could Hit $0.05
Shiba Inu blockchain platform Shibarium has seen a significant increase in activity, with the number of new accounts increasing by 3,436% in just 24 hours. Data from Shibariumscan shows that new accounts on the network jumped from 30 to 1,031 overnight, indicating a substantial increase in user engagement. This increase follows concerns about declining Shibarium activity and attention.
The rapid change in a single day altered this narrative. In addition to the increase in new accounts, the volume of transactions on the Shibarium network also increased, increasing from 4,751 to 8,527 transactions. This represents an 80% increase in transaction activity over the same period. At the same time, if we judge by the number of active accounts in the period in question, it grew by 1,243 accounts per day, which means that all transaction activity on Shibarium was handled by new users.
What is behind such an anomalous increase in Shiba Inu blockchain activity? It's an open question, but it's likely based on the price dynamics of SHIB – a popular meme-inspired cryptocurrency – which has risen nearly 5% since opening a new daily candle on its chart.
Typically, activity on the network is a precursor to price movements of related tokens, but apparently in the case of Shiba Inu we are now seeing the opposite story.
This increase in user engagement and transaction volume could indicate a new phase of growth for Shibarium. The next few days will be important in determining whether this increase represents a sustainable trend or a temporary anomaly.
Despite a solid year in 2024, Shiba Inu price is yet to hit $0.00008, its all-time high. This has raised questions about whether the meme coin can reach $0.0001. A crypto expert has predicted a 300% surge in Shiba Inu price to a new all-time high.
Shiba Inu Could Reach $0.0001 Shib Knight, a member of the Shiba Inu community, has provided an analysis that has encouraged investors. Support for Shiba Inu appears to be forming at $0.000025. The meme coin’s price could rise from here.
Crypto analyst targets SHIB above $0.0001. The meme cryptocurrency missed its 2021 bull market price target. Instead, it stalled at $0.00008 and fell 90% in the bear market. Shiba Inu appears to have gained enough momentum to retire again. Shib Knight predicts a 350% price increase to reclaim this level. This prediction is more intriguing than that. Crypto investors are interested in the crypto analyst’s prediction. The analyst predicts a Shiba Inu price above $0.0001 in June. Shiba Inu has held its value despite the price drop. In the last day, Bitcoin has fallen below $69,000 again, dragging the market lower. This has caused double-digit losses for many cryptocurrencies in the recent week, but not for all. Meme coins like BONK and PEPE have lost about 22.5% and 14.6%, respectively. Additionally, FLOKI and Dogwifhat have lost nearly 10%.
Shiba Inu has one of the lowest loss ratios among meme coins, behind Dogecoin. Dogecoin has dropped 5.3% and Shiba Inu has dropped 6.2%. This makes the top meme coins the most crash-resistant in the market. #altcoins #StartInvestingInCrypto
BNB Bulls on the Rise: Will $750 Resistance Be Reached?
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BNB’s potential breakout of $750 represents a significant milestone, indicating an upward trend in its valuation.
Technical indicators, including the 50-day EMA and RSI, suggest bullish sentiment and a favorable outlook for BNB’s price.
The sustainability of BNB’s upward trajectory depends on the continuation of the bullish momentum.
Should the bullish momentum persist, BNB is poised to challenge its $750 resistance level. This potential breakout marks a significant milestone for the cryptocurrency, indicating a possible upward trend in its valuation.
After an uptrend in the initial months, BNB entered a consolidation phase, trading in the $660 to $750 range. This period was marked by notable fluctuations, highlighting the inherent volatility of the altcoin market. A closer look at BNB’s price analysis reveals intriguing insights. Technical indicators such as the 50-day EMA provide consistent support to the coin’s price chart, promoting bullish sentiment on the 1D timeframe. At the same time, the RSI is demonstrating a notable increase, reflecting increased buying pressure within the crypto space. These metrics, coupled with a steady rise in the averages, suggest a favorable outlook for BNB’s valuation in the near future.
The central question for investors revolves around the sustainability of BNB’s upward trajectory. If the bullish momentum continues, the token is poised to not only test but potentially surpass its resistance level of $750. Such a feat could pave the way for a retest of its all-time high (ATH) of $800.
1. Oasis Network $ROSE Dedication: $500 Current price: $0.11 per token Quantity: Approximately 4,545 Rose tokens.
Potential: The Oasis Network is a decentralized Blockchain network built by Oasis Labs that protects and controls private data sharing. The ROSE token is the native utility token of the Oasis ecosystem and is used for staking and delegation in network consensus, as well as for paying network transect fees.
2. Dodo $DODO Dedication: $300 Current price: $0.22 per token Quantity: Approximately 1,363 DODO tokens
Potential: DODO is a decentralized exchange (DEX) platform known for its innovative trading algorithms and liquidity management solutions. As decentralized finance (DeFi) continues to evolve, DODO's efficient trading mechanisms could attract more users and increase its price.
3. JasmyCoin $JASMY Dedication: $200 Current price: $0.03 per token Quantity: Approximately 6,666 JASMY tokens
🚀 Potential: JASMY aims to revolutionize the digital content industry by providing a decentralized platform for content creators and consumers. With its low price point and promising use case, JASMY presents an opportunity for significant growth as it gains traction in the market.
This diverse portfolio of sub-$0.5 tokens offers exposure to multiple sectors of the cryptocurrency market, from decentralized finance to content creation, and has the potential for substantial returns as these projects continue to develop and gain adoption .
Bullish signal is on, top 3 Altcoins that can bring big profits🤯💥📈
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1. Altcoins to buy Pepe ($PEPE ) Pepe (#PEPE), an Ethereum-based cryptocurrency, ranks 25th with a market cap of $4.17 billion. PEPE is CoinMarketCap's top meme coin after rising 1,040% in a year to $0.00001442.
PEPE's price has increased significantly by 17% over the past two weeks, further solidifying its position as a significant player in the alternative cryptocurrency market. Its price has also risen 64% in the past month, establishing it as an excellent cryptocurrency investment alternative.
PEPE is a solid prospect for investors looking to benefit from the altcoin season during the 2024 bull run, as this bullish advance puts the cryptocurrency in a favorable position. This growth trend has also had a beneficial effect on other meme coins such as BONK, WIF, FLOKI, DOGE and SHIB, which reflects a broader impact on the meme coin market as a whole.
2. Litecoin (#LTC) Litecoin ($LTC ) seeks to enable fast, secure and cost-effective payments by leveraging the unique characteristics of the blockchain. However, the price of Litecoin has recently fluctuated significantly as a result of external market pressures and global political uncertainty.
Litecoin price is $82.25, down 1% in the last 24 hours. It ranks 19th on CoinMarketCap, with a market capitalization of $6.13 billion.
3. Fetch.ai ($FET ) Fetch.ai #FET), an open artificial intelligence (AI) lab, is transforming the blockchain landscape with its cutting-edge machine learning network.
This platform focuses on decentralizing and optimizing internet transactions to improve user experience.
Over the course of 3 months, BTC has been consolidating in the range of US$60-72 thousand, which is classic price behavior, after active growth of more than 200%, however, the most recent data indicates the active accumulation of BTC for the long term. investors.
Glassnode reports that at the end of May, 50,000 BTC were withdrawn from Kraken alone, worth $3.44 billion. Furthermore, according to Glassnode, the activity index saw an impressive drop from 9% to -3%, indicating a long-term BTC storage trend.
Today BTC surpassed US$ 70 thousand, at the moment the price is trading below this level, as investors are anxious for the labor market data, which will be published on 06/07.
Meme coins have taken the crypto world by storm, capturing the imagination of investors and meme enthusiasts alike. Let’s dive into some of the most popular meme coins that are making waves:
1. Floki: Inspired by Elon Musk’s pet Shiba Inu, Floki Inu aims to combine the power of memes with real-world use cases. With a strong community and ongoing development, Floki is more than just a meme – it’s a growing ecosystem.
2. Dogecoin: The original meme coin, Dogecoin started out as a joke but has since become a beloved digital currency with a huge following. Known for its friendly community and Shiba Inu mascot, Dogecoin continues to be a favorite for tipping and charity.
3. Pepe: Taking its cue from the iconic internet meme of Pepe the Frog, Pepe Coin brings a unique twist to the meme coin space. It aims to create a fun and engaging experience for its users while also building a robust ecosystem around the beloved meme.
4. SHIBA INU: Often dubbed the “Dogecoin Killer,” SHIBA INU has built a large and active community. With its decentralized exchange, ShibaSwap, and plans for future developments, SHIBA INU is more than just a meme coin – it’s a multifaceted project with ambitious goals.
5. Bonk: A newer entrant into the meme coin arena, Bonk aims to bring fun and happiness to the crypto community. With a playful and engaging approach, Bonk is quickly gaining traction among meme coin enthusiasts.
While meme coins can be highly volatile, they also offer unique opportunities for those willing to take the risk. Always research and stay informed about the projects you invest in.#btc70k#altcoins
Former Binance CEO CZ Begins 4-Month Prison Sentence in California💥
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Binance founder Changpeng “CZ” Zhao has reported to a federal prison in California, where he will spend the next four months, for failing to implement an adequate know-your-customer (KYC) program at the world’s largest cryptocurrency exchange.
Zhao, a Canadian citizen, pleaded guilty to violating the Bank Secrecy Act (BSA) in November. In April, a federal judge sentenced CZ to four months in prison — a much shorter sentence than the three years requested by federal prosecutors, but longer than other crypto executives, such as former BitMex CEO Arthur Hayes, have received for the same crime.
With a net worth of $762,616,453,5036.5 billion, according to the Bloomberg Billionaires Index, Zhao is considered the richest person to ever go to prison in the U.S. In addition to his sentence, Zhao was also fined $762,616,453,505 million and agreed to step down as CEO of Binance. Binance, which pleaded guilty to money laundering and sanctions violations at the same time as Zhao, settled the charges earlier this year with $762,616,453,504.3 billion in fines to various federal regulators and the appointment of an independent compliance monitor. Lompac II, where Zhao will serve his short sentence as inmate 88087-510, is a low-security prison in Santa Barbara County on California’s Central Coast. According to Bureau of Prisons records, there are currently 2,160 inmates at the facility. Conditions at the prison — where some inmates work on an adjacent farm, growing produce and working with cows and horses — are in stark contrast to the notoriously dangerous facility where former FTX CEO Sam Bankman-Fried, who was sentenced to 25 years in prison earlier this year, is currently being held in New York.