With the market cap of stablecoins hitting a new high and hovering around $$ 160 billion, there is room for significant leverage in the market, potentially taking BTC to $$ 100,000 in the next three months.
🚀 Can Shiba Inu (SHIB) really reach $0.01? While achieving this would mean an astronomical market cap of $589 trillion, the community has a strategy that can make this dream achievable without an impossible valuation. The key to this is to aggressively reduce the supply of SHIB through burns and strong ecosystem adoption.
If the SHIB Army continues to mobilize, with more projects burning SHIB and promoting use cases, this $0.01 goal could one day become a reality. What do you think—is it possible? 🐕🔥
The intersection of SHIB (Shiba Inu) and Elon Musk presents an intriguing scenario, given Musk's well-documented influence on meme coins and the broader crypto market. Let's delve deeper into how Musk's involvement could shape SHIB's trajectory and what investors should consider: 1. Musk’s Power Over Meme Coins Elon Musk’s influence on the world of meme coins, particularly Dogecoin (DOGE), is undeniable. His tweets and public comments have triggered massive price movements, showing his significant role in shaping market trends. While Musk has not explicitly supported SHIB in the way he has with DOGE, the coin has seen indirect influences stemming from his actions. If Musk were to ever express direct support for SHIB, it could potentially lead to a rapid price rise due to its considerable impact on the cryptocurrency market. However, his primary focus has remained on DOGE, making any future support for SHIB speculative at best.
Breaking above the psychological barrier of $$ 0.10, PEPE price is poised for a rebound. The meme coin is one of the best-performing coins in the current bull market, rising nearly 8% in the last 24 hours.
With a market cap of $$ 4.31 million, the meme coin’s massive upside potential makes it a lucrative buy in the current market conditions. So, should you buy PEPE with a potential 10x upside price target? Let’s find out in Coinpedia’s latest PEPE price analysis.
PEPE Price Performance On the weekly chart, PEPE Premium action is on track to give a record high to the bullish flag pattern. The extreme portion of the bull flag formed during the early 2020 bull market, which reached an all-time high of $$ 0.00001722 in May.
After reaching all-time highs, PEPE price is currently in a descending channel pattern. However, given the recent broad market rally following Donald Trump’s victory in the US presidential election, PEPE is poised for a return to the bull market.
This week, the meme coin surged 25%, breaking above the $$ 0.000010 mark and is forming a bullish bull flag channel. The MACD and signal lines are poised for a bullish crossover as the bullish odds for a breakout increase.
What are the PEPE 10x recovery odds?
The last positive crossover on the weekly MACD indicator occurred during the early 2024 bull run, with a gain of almost 1000%. Based on the trend-based Fibonacci retracement levels that have crossed the bullish flag pattern in the past few days, the uptrend will challenge the 23.60% Fibonacci level at US$ 0.00001171.
As a result, PEPE is one of the best memecoins to buy in the crypto market, with huge upside potential. #pepe #SHİB #homer #binance #ACH
Shiba Inu ($SHIB ) Reaches 30-Day High: Is a New All-Time High on the Horizon? Shiba Inu (SHIB) is showing strong bullish momentum, recently reaching a notable 30-day high. This upward trend, which began in mid-October, has attracted investor interest as SHIB trades above a key trendline support. Increasing buying volume reinforces this bullish sentiment, suggesting sustained demand. SHIB is currently facing resistance around $0.00001900—a level that has previously blocked further gains. Overcoming this resistance on strong volume could pave the way for SHIB to approach its all-time high (ATH). However, if it fails to break above this level, the asset could retreat to support near its 50-day moving average. The broader cryptocurrency market is also gaining momentum as political uncertainty eases following the recent US midterm elections, with investors becoming more risk-averse. This favorable environment could support assets like SHIB, as many expect further growth following this period of reduced geopolitical tension.
For SHIB to continue its rally, it must maintain high volume and decisively break through local resistance. Success here could propel SHIB into a new phase of growth, potentially revisiting levels not seen since its last bull run. However, traders should keep an eye out for any signs of momentum fading at resistance points, as this could signal a temporary pullback. Overall, SHIB’s recent performance is promising, but a sustained breakout is needed to confirm its path towards the ATH. #BinanceSquareTrends#CryptoMarkets #ShibaInuMania #BinanceSquareFamily #homer #bitcoin #pepe
PEPE Poised for a Massive Rally as Altcoin Season Approaches
Pepe (PEPE) is trading in a range of $0.0000080 to $0.0000105, closely aligning with its 10-day simple moving average of $0.0000094. The stochastic indicator at 12.98 suggests oversold conditions, pointing to a possible upward reversal. A break above the closest resistance at $0.0000119 could pave the way for PEPE to reach the second resistance level at $0.0000144, representing a potential gain of over 50% from current prices. Despite recent declines of 7% in the last week and 17% in the last month, the nearly 24% increase in the last 6 months highlights its resilience. As altcoin season approaches, PEPE could be positioned for significant growth.
Pepe Coin saw massive returns, with a 7,000,000% increase in value, creating “overnight millionaires” cryptocurrency featuring the popular character Pepe the Frog. It highlights a scenario where Pepe Coin holders saw massive returns, with a 7,000,000% increase in value, creating “overnight millionaires.” It implies that the coin’s value reached $0.69, 🚀 Pepe Coin Explosion $PEPE Coin holders just witnessed a massive price surge, with gains reaching a staggering 7,000,000%! 🐸💸 Could Pepe be the next meme coin to make waves in the crypto world? Stay ahead of the trends with Binance, your platform for discovering the latest in meme coins and more. 📈 ⚠️ Reminder: Meme coins are highly volatile! Always do your own research and invest wisely. #pepe #SHİB #homer #bitcoin #binance
SHIB has recently been making headlines with its bullish pattern in its on-chain data. The enthusiasm following the bullish sentiment has been about the price pattern rather than a sharp increase in value. Shiba Inu has demonstrated stability on the network despite the difficult market situation, indicating low volatility and positive price activity. SHIB is currently trading at $0.000017 with a market cap of $10.13 billion.
Given the massive transactions made by whales in the past few days, it appears that they are still using the token and may be gearing up for a price recovery in the near term. Based on on-chain data, Shiba Inu has seen around 147 high-volume transactions totaling over 2.34 trillion SHIB on the network in the past 24 hours.
While these numbers do not match the six trillion SHIB traded in late October, the high-value transaction volume shows that whales are still trading SHIB and are involved in the market. This could indicate that even in this calmer period, they see potential value and are accumulating SHIB at current levels.
Some analysts warn that SHIB needs to overcome key resistance levels to unlock its full potential. Market analyst Klejdi Cuni highlighted critical resistance points that Shiba Inu needs to overcome. The immediate resistance level is at $0.00001865, which SHIB has recently approached.
The token briefly touched $0.00001893 and was poised to retest the $0.000019 range. Additional resistance at $0.00001969 and $0.00002094 could pose short-term challenges. Despite the bullish outlook for SHIB, FXGuys ($FXG) is shaking up the DeFi sector with its unique features.
Shiba Inu (SHIB) could be on the verge of a major rally, with a top analyst predicting a 400% surge. SHIB could surge to $0.000074, driven by favorable technical patterns and market trends. Over the past 30 days, SHIB has surged 30%, rising from a low of $0.000013 in September.
Shiba Inu has been on an upward trend in recent weeks. The SHIB price reached $0.00001834 after dipping to the $0.000016 range. While this rally has been compared to other meme tokens, analysts believe that SHIB is poised for a further rally.
Despite recent challenges, PEPE Coin has demonstrated remarkable resilience, recently surpassing the $4 billion mark in market cap. As the third largest meme token by market cap, it is a testament to the enduring power of meme coins. The recent 15% drop compared to last month has not dampened its popularity; instead, it has sparked renewed interest across the meme coin market.
This increase in PEPE’s market cap is indicative of a broader appetite for high-risk, high-return assets. As meme coins continue to capture the imagination of the crypto community, the ripple effect could lead to a thriving ecosystem that encourages the development of new projects. With this momentum, PEPE Coin continues to be a vital player, attracting enthusiasts to explore its potential.
Bitcoin Portal Crypto Morning: Bitcoin consolidates at US$ 72 thousand; FTX director frees himself from prison Nishad Singh, right-hand man of Sam Bankman-Fried, avoided a long prison sentence for his “remarkable cooperation” in the investigation into the collapse of FTX Saori Honorato Oct 31, 2024 07:57 Article image: Crypto Morning: Bitcoin consolidates at US$ 72 thousand; FTX director frees himself from prison Photo: Shutterstock
Bitcoin (BTC) shows stability this Thursday morning (31) and is on track to close October with an appreciation of 13.2%, confirming the historic upward trend for this month.
Late Wednesday afternoon, BTC reached a peak of the day at US$ 72.8 thousand and showed signs that it could break the barrier of US$ 73 thousand again, where its all-time high is. However, Bitcoin oscillated downwards until reaching a bottom of US$ 71.9 thousand and has since remained in the range of US$ 72.2 thousand, down 0.3% on the day.
On the other hand, in reais BTC rises 1.2% and is trading at R$ 418, as the dollar continues to rise, reaching R$ 5.80 on Wednesday, the highest price seen since March 2021.
Most other cryptocurrencies in the top 10 are also in the red this morning, including Ethereum (-1.9%), BNB (-2.9%), and Solana (-1.5%). The only coins in this group in the green are Dogecoin and Tron, with simple gains of 0.7% and 1.3%, respectively.
Pepe (PEPE) Price Performance Suggests Strong Bullish Trends Pepe (PEPE) is one of the leading meme coins within the cryptocurrency market. The meme coin has seen positive price movements with a YTD of 640% to trade around the $0.0000089 mark. However, the Pepe coin price movement shows a weekly decline of over 13%.
Meanwhile, the Pepe token’s trading volume has increased, suggesting that the meme coin is looking to rally towards US$ 0.000011, a point that also acts as strong resistance. RSI for Pepe Coin is at 43, indicating that the PEPE coin is neither overbought nor oversold.
If Pepe price manages to break above its resistance level, the next significant level will be $ 0.0000120. Furthermore, a drop below the support level could trigger further declines towards $ 0.0000072. Pepe coin’s 47 stochastic value also suggests a neutral market sentiment that could see the price register a change in price movement to bullish.
Bitcoin's rise and the role of the inverted triangle
According to Brandt, Bitcoin's movement suggests the formation of an inverted triangle, a graphical configuration that may point to an increase in prices.
This technical pattern was completed after five months of expansion and now requires careful monitoring, according to the trader. Brandt's analysis indicates that the cycle of declines, which began in March, may have ended.
“The post-halving advance may have begun. The series of lower highs and lower lows since March has come to an end,” he highlighted.
Prospect of appreciation until 2025 and possibility of a new record
For Brandt, in addition to the breakout of the inverted triangle, Bitcoin may benefit from a projection based on a semi-logarithmic support line.
If this pattern continues, BTC could reach US$$ 94 thousand, although the trader considers the target of US$$ 105 thousand — also estimated for 2025 — as a more extreme scenario.
Another relevant factor for the long-term appreciation of Bitcoin is the halving, a process that reduces the rewards for mined blocks by half and historically drives the price of the asset
#SHİB Shiba Inu could explode 5000%, and bitcoin plays a role in that - asset manager
SHIB/USD -5,45%
Investing.com – The crypto space is full of exciting events and unexpected surprises. One of the most intriguing theories right now involves the meme coin Shiba Inu (SHIB). If SHIB maintains its strong correlation with Bitcoin, it could see a rally of over 5,000%. But how much of this scenario is feasible, given VanEck’s recent Bitcoin predictions?
Bitcoin (BTC) surpasses the R$$ 400 thousand mark and seeks a new record price in dollars By
Juliana Américo Oct 30, 2024, 9:42 AM - updated on Oct 30, 2024, 9:44 AM bitcoin cryptocurrencies peter thiel paypal In real terms, Bitcoin surpassed the R$$ 400 thousand mark for the first time in history on Tuesday (29) (Image: GNEPPHOTO/Canva Pro)
Twitter WhatsApp Linkedin Facebook Telegram Yesterday, Bitcoin (BTC) came close to breaking its price record: the maximum was US$$ 73.569, just under US$$ 200 to break the mark of US$ 73,737 registered in March of this year. This Wednesday (30), the cryptocurrency advanced 0.77%, around 9:40 am, quoted at US$ 72 thousand.
In the real price, Bitcoin surpassed the mark of R$ 400 thousand for the first time in history on Tuesday (29). In today's trading session, the digital currency operates around R$ 413 thousand, with an increase of 1.78%.