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- Toncoin (TON) is showing resilience as it holds steady at $5.61, despite Bitcoin’s ($BTC ) drop below $94k. Maintaining its momentum, TON has retained critical support levels for months. With a fully diluted valuation of $27.6 billion and $285 million in daily trading volume, TON hints at a bullish breakout.
Technical Highlights
- Forming a symmetrical descending triangle on the weekly chart.
- RSI rebounds around 50%, supported by a bounce from the 50-week SMA, signaling potential upward momentum.
Ecosystem Growth
Toncoin’s web3 ecosystem, heavily backed by Telegram, continues to expand:
- Over $1B in #Stablecoins added following Tether integration.$247M in Total Value Locked (TVL) across DeFi projects.
- Surpassing 5M daily active users, fueled by mini apps like Notcoin (NOT).
Telegram’s Impact
- $1B revenue in 2024, with 12M+ premium subscribers.$500M+ in cash reserves (excluding crypto holdings).
- Seamless integration of mini apps drives TON adoption and activity.
2025 Price Scenarios
- Bullish: Breaking above the triangle could push TON beyond $10.
- Bearish: A retest of $5 before rebounding to new highs in H1 2025.
With robust technical signals, ecosystem growth, and Telegram’s strategic support, Toncoin remains a top contender for 2025.
🚀🚀🚀 Shiba Inu (SHIB) Price Targets: Can $0.000494 and $0.00632 Become Reality?
#shibaInu Investors Eye Massive Gains: $0.000494 and $0.00632
Price Targets
- Shiba Inu ($SHIB ) could deliver significant returns if it achieves ambitious price targets of $0.000494 and $0.00632. Despite recent market challenges, SHIB’s supporters remain optimistic.
Current Performance
- SHIB has struggled amid a broader crypto market downturn, losing 10.21% in the past 30 days and hitting a low of $0.00002095. However, it rebounded slightly to $0.00002214 at press time.
- While some investors have sold off, others see the dip as a chance to accumulate more SHIB, banking on the token's potential to rally to its lofty price goals.
Portfolio Value Analysis
Value of 300M, 900M, and 1.5B SHIB at $0.000494
- At the current price of $0.00002214, purchasing 300 million, 900 million, and 1.5 billion SHIB would cost $6,642, $19,926, and $33,210, respectively.
If SHIB reaches $0.000494 (a 2,131% increase):
- 300M SHIB: Worth $148,200
- 900M SHIB: Worth $444,600
- 1.5B SHIB: Worth $741,000
Value at $0.00632
If SHIB climbs to $0.00632 (a 28,445% surge):
- 300M SHIB: Worth $1.89M
- 900M SHIB: Worth $5.68M
- 1.5B SHIB: Worth $9.48M
Can SHIB Hit $0.000494 or $0.00632?
- Reaching these targets would require extraordinary growth. A rally to $0.000494 demands a 2,131% increase, while hitting $0.00632 requires a staggering 28,445% surge.
Analyst Predictions
- Changelly predicts SHIB could reach $0.000494 by April 2033 and $0.00632 by June 2040.
- CryptoELITES forecasts SHIB may hit $0.000472 during the 2024/2025 bull run.
- Cantonese Cat suggests SHIB could climb to $0.00047 in the near term, based on trading indicators.
- Crypto Basic projects a 30,385% gain to $0.0065329, similar to SHIB’s performance after the 2020 halving event.
Conclusion
SHIB's ambitious targets of $0.000494 and $0.00632 showcase its long-term potential, fueling investor interest despite divided opinions.
🔥🔥🔥 $ETH Price Struggles for Comeback: Will Bulls Prevail?
Ethereum Price Update: Key Levels to Monitor
Current Price: $3,403
- Ethereum is stabilizing after slipping below $3,450. A rebound is possible if it clears the immediate resistance at $3,445.
Key Insights
1. Recent Decline: ETH fell below $3,450 and $3,400 but found support above $3,200, signaling potential recovery.
2. Trend Break: A break above the bearish trendline at $3,300 indicates a chance for upward movement.
3. Resistance in Focus: The $3,445 level aligns with the 61.8% Fib retracement from the $3,553 high to the $3,220 low and poses the first challenge.
Support and Resistance Levels
1.Support Levels:
- $3,300: Immediate support to watch.
- $3,220–$3,200: Critical zone holding recent lows.
- $3,120 and $3,050: Deeper supports if selling pressure intensifies.
2. Resistance Levels:
- $3,445: Key barrier for a recovery.
- $3,500: A major hurdle for bullish momentum.
- $3,550–$3,650: Breakout zone for stronger gains.
Technical Indicators
- #MACD : Bearish momentum is fading, signaling potential consolidation.
- RSI: Above 50, indicating recovery prospects. Outlook
With Ethereum priced at $3,403, breaking $3,445 and $3,500 could push it toward $3,550 or higher. However, a drop below $3,300 may test the $3,200 support, with further declines targeting $3,120 or lower. Traders should monitor these levels for short-term direction.
- Chamath Palihapitiya revealed on the All-In podcast that SpaceX leverages stablecoins to mitigate foreign exchange risks, especially in countries with volatile currencies. Payments for Starlink services are collected in stablecoins, then converted to U.S. dollars.
The Advantage of Stablecoins
- Stablecoins provide a hedge against forex risks by maintaining consistent value, bypassing traditional banking systems’ inefficiencies and fees. Palihapitiya emphasized that reducing transaction costs—like Stripe’s 3% fee—could significantly boost global GDP.
Rising Competition
- Stablecoin providers like #tether and Circle are challenging banks and payment giants such as MasterCard and American Express, offering faster, cheaper cross-border transfers.
Elon Musk's Crypto Vision
- Elon Musk’s crypto-friendly stance extends to SpaceX and Tesla, which has profited over $1 billion from #bitcoin . On X (formerly Twitter), Musk introduced cryptocurrency tipping, fueling speculation about its role in future payments.
Conclusion
SpaceX’s adoption of stablecoins highlights their growing importance in global commerce, offering cost-efficiency, speed, and protection against currency volatility.