•Cryptocurrency whales release strong bullish signals... steps that herald market recovery.

•A number of crypto whales recently transferred a total of $1.3 billion worth of the digital stablecoin (USDC) to major exchange Coinbase, with market analysts viewing these transfers as a potential giant buy signal.

•This massive influx of funds occurred in simultaneous transactions from five different addresses. Consequently, this development sparked speculation of an imminent bullish phase for cryptocurrencies, especially Bitcoin and Ethereum.

•Details of these transactions reveal a coordinated effort between cryptocurrency whales. The transfers were nearly simultaneous, suggesting that a single entity may control all five addresses.

•Specifically, the address 0x45a sent $295.86 million to Coinbase. After that, addresses 0x29d and 0x41d each transferred $350 million. Furthermore, addresses 0xbdE and 0xeC9 contributed $150 million each, peaking at around $1.3 billion.

•The data in these cryptocurrency wallet addresses indicates that a single entity may control these wallets. Moreover, all five cryptocurrency wallets follow a consistent pattern.

•For example, before sending $150 million to Coinbase, wallet 0xeC9 received funds from another wallet, 0x747.

•This cyclical transfer pattern raises the possibility that these cryptocurrency whales may have previously liquidated their positions at the market peak and converted their assets into USDC. While their return to the cryptocurrency exchange platform may indicate their belief that the market has reached the bottom and is now preparing for a new upward path.

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•Cryptocurrency transactions exploded by 160% in 24 hours.

•Amid a rebound in key metrics, Shiba Inu coin transactions on the Shibarium network rose by a staggering 160% in 24 hours.

•Shibarium – Recovered Transaction Volume Increases Data from Shibariumscan shows that transactions on the Ethereum Layer-2 scaling solution reached 562,980 as of press time. This is a significant increase from the 352,000 recorded by the network a few hours ago. At the same time, this is a far cry from the high of 958,500 that Shibarium saw before the massive 63.2% drop almost two days ago.

•Nearly two weeks ago, it was reported that daily transactions on the Shibarium network rose by a staggering 1,000%. Specifically, it went from about 6,410 to 75,800 in 24 hours. That is, an increase of 1082%. With tremendous growth, it is still below the record transaction volume seen earlier this year.

•The 160% increase in transactions and the figure over half a million indicate that Shibarium's place in the L2 ecosystem has been restored. Overall, this brings the total number of transactions completed on the Shibarium network since its launch in August 2023 to 415 million.

•This increase also provides the potential to expand the Shiba Inu ecosystem, reduce transaction fees, and improve speed.

•In addition, about 100 thousand new wallets were added to the previous number. A total of 1.782 million addresses. Aside from the transaction fluctuations we see daily on L2. Other key metrics on the Shibarium network have remained stable in terms of their performance. It is worth noting that the disruptions did not hamper users' interest in the network.

•Shiba Inu coin transaction activity is rising on Shibarium and based on historical information. Such bursts of activity are usually indicators of a potential rise in price. Therefore, Shiba Inu tokens are expected to react to an increase in transaction volume.

•Shiba Inu (SHIB) price is up 2.63% with the cryptocurrency asset currently trading at $0.00002338 dollar.

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Dogecoin Price Forecast As it continues to lead the world's meme currencies, can it reach $1 in April? Price predictions for the world's largest meme coin, Dogecoin, could it reach $1 in April?

•The value of Dogecoin (Dogecoin-DOGE) has risen by 6% over the past 24 hours, reaching $0.2059 today amid a wave of market-wide optimism caused by the imminent Bitcoin halving event. This recent rise represented gains of only 1% in a week and 24% in the past 30 days, noting that this alternative currency is still the largest meme currency in terms of market capitalization.

•What is encouraging is that the price of DOGE is still 71% below its all-time high of $0.7316, indicating that this coin is still being sold for less than its real value.

•Accordingly, Dogecoin is likely to achieve significant and competitive gains in the near future, and perhaps the aforementioned halving event will help raise its price further and further over the next week or so.

•Dogecoin Price Forecast As it continues to lead the world's meme currencies, can it reach $1 in April?

•Reading the Dogecoin price chart calls for optimism, although its recent movements suggest the possibility of a slight decline today before continuing to achieve gains. The Relative Strength Index (RSI) declined again after touching the 70 level this morning, and this decline is likely to be temporary to values ​​of 60 or 55.

•The daily trading volume of the DOGE currency also increased over the past two days, reaching approximately $2.68 billion today, compared to another $1.7 billion last Saturday, which indicates a growing interest in this currency, as some whales have purchased DOGE from trading platforms over the past few days.

•Based on the above, it is likely that the price of Dogecoin will rise significantly one or two times before the Bitcoin halving event estimated to occur on April 20, which has already contributed to raising the price of Bitcoin (BTC) and in general digital currencies, and is likely to cause another bull market to occur soon. the long term.

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Shiba Inu coin price forecast as trading volume rises to $600 million; Is it time to buy it?

•The price of the Shiba Inu coin (Shiba Inu-SHIB) rose by 3% today, reaching $0.00002909, coinciding with the rise of the digital currency market as a whole by 4.5% during the past 24 hours. Despite rising by 1.5% over a week and 4.5% over two weeks, the Shiba Inu actually declined by 15% over the past 30 days.

•Despite its disappointing performance, the Shiba Inu's trading volume - which has risen from $350 million to $700 million over the past two days - indicates that it is about to see a steady rise. Also, with the entire market eagerly awaiting the upcoming Bitcoin halving, SHIB could see strong gains in the near future.

•Shiba Inu coin price forecast as trading volume rises to $600 million; Is it time to buy it?

•Now, it seems that it is a perfect time to buy the Shiba Inu coin, as all of its technical indicators highlight the beginning of its price rise, with its 30-day moving average indicator (indicated in orange) rising above its 200-day counterpart (shown in blue). ) approximately one day ago, forming a golden cross pattern that can often indicate a breakout in the upward direction.

•The increase in its trading volume also enhances traders’ expectations of the possibility that the Shiba Inu currency will rise strongly in the next few days. This is also likely because whales (large investors) have increased their holdings of the currency, with one huge financial transfer worth $19.26 million occurring today.

•Therefore, the current state of optimism prevailing over the future prospects of the price of SHIB coin seems logical, especially with expectations of improved performance of the crypto market as a whole, which is largely attributed to the expected Bitcoin halving on April 20.

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Bitcoin and currencies return to the rise before the halving.. Is this the reason?

•A recent industry report highlights that mining companies are adjusting their operational strategies and increasing their holdings of the coin as the cryptocurrency market prepares for the Bitcoin halving, a quadruple event scheduled to occur around April 20.

•Data tracked by BTIG shows that mining companies such as Cleanspark (CLSK), Marathon Digital (MARA), and Riot Blockchain (RIOT) have reduced their Bitcoin sales in the first quarter of 2024. According to the “Crypto Mining Corner: #29” report, these The strategy is to increase their Bitcoin reserves in preparation for post-Helvage price movements, while also tapping into capital markets to fund their operations.

•Cleanspark reported selling roughly 13 bitcoins in the first quarter of 2024, down sharply from about 1,257 in the previous quarter. Marathon followed suit, with sales falling to about 730 from about 2,365 bitcoins, while Riot Blockchain sold 212 bitcoins, halting sales entirely in February and March.

•This trend among miners to “HODL” — a slang term for the cryptocurrency community to hold assets rather than sell — is expected to reduce the available supply of Bitcoin. The upcoming cut will halve mining rewards by 50%, further exacerbating supply constraints.

•The report also highlights the performance of Bitcoin and mining stocks, noting that despite the resilience of Bitcoin's price, mining stocks have faced downward pressure. BTIG attributes this to a shift in investor interest towards spot Bitcoin ETFs.

•Moreover, the global hash rate - a measure of the computational power used in mining operations and verifying transactions - saw a strong increase year-on-year, indicating increased mining activity as companies ramp up their operations ahead of the coin halving.

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After its decline...is it an opportunity to buy Solana?

•The price of Solana coin (Solana-SOL) fell to the level of $180 today after the crypto market suffered a loss of 5%, which reflects a decline of 7.5% in the past 24 hours.

•The alternative currency is now witnessing a decline of 6% from last week, but it is still up by 40% over the past 30 days, and by 760% over the past year.

•Given its medium-term momentum, last week's decline is likely just a temporary dip in Solana's long-term growth.

•With many analysts expecting the market to activate as we approach the next Bitcoin halving this month, it could be a very good buying opportunity now with this decline.

•Solana coin price expectations after its decline to the $180 level. Is this considered an opportunity to buy during the decline?

•Although the SOL chart looks bleak at the moment, it also indicates that the current decline could have come to an end.

•In other words, the chart indicates that the price is approaching a bounce with the Relative Strength Index (RSI) - shown in purple - falling below 30 this morning, which is a signal that traders are increasingly selling the currency.

•Source: TradingView At the same time, the 30-day moving average - shown in orange - has fallen below the 200-day moving average - shown in blue - also indicating that SOL is about to reach the bottom of its current decline.

•It is unlikely that Solana's price will fall much below the $180 level, and given its upward trend in recent months, it is difficult to expect anything other than a recovery soon.

•Its trading volume remains healthy at around $4.3 billion, with CoinShares data indicating that it remains the most popular altcoin in terms of money flow after Ethereum (in terms of total holdings).

•In addition, it appears that whales have started buying SOL coins again, taking advantage of the recent drop in price. This is clearly based on the expectation that Solana's price will rise again soon, with the overall market trend potentially helping it bounce back.

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🚨🚨The smallest and most famous digital currency is taking off strongly.. What is its secret?

•It saw Dogecoin, a token creation that originated from a popular website. A significant increase of 20% in the last trading sessions. This captured investors' attention amid a broader decline in the cryptocurrency market. This increase comes at a pivotal moment as Coinbase (NASDAQ:COIN) announced Derivatives.

•The derivatives arm of the popular US-based cryptocurrency trading platform. announced its intention to offer cash-settled futures products for Dogecoin (DOGE) by April 1.

•Coinbase Derivatives' decision to embrace Dogecoin highlights a major shift in perception. Recognizing the cryptocurrency's transition from an exotic internet phenomenon to a recognized asset in the cryptocurrency industry. It confirms the continued popularity of Dogecoin. In addition to its development beyond its memetic origins. On the growing acceptance of the coin among institutional players and retail investors alike. As anticipation grows for Coinbase's listing. Dogecoin's recent rise is a testament to its resilience and appeal in the ever-evolving cryptocurrency landscape.

•The Rise of Cryptocurrency and the Impact of Whales on Dogecoin In the dynamic cryptocurrency landscape, meme coins have emerged as a captivating trend . It is characterized by its playful branding and widespread appeal among Internet users. Dogecoin is a currency. With the popular Shiba Inu mascot a prime example of this phenomenon, attracting a dedicated community of supporters and enthusiasts.

•The recent rise in the price of Dogecoin is accompanied by noticeable whale activity, with approximately 390 million DOGE moving. This influx of activity has contributed. Which has been observed through market dynamics across the chain, in increasing sentiment surrounding Dogecoin.

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🚨🚨Expectations that this digital currency will reach a record level 🔥

•The Shiba Inu coin witnessed a slight decline, reaching its price to $0.000030, and its trading volume within 24 hours reached $1,543,917,018, declining by approximately 3.5%, while the currency ranks 11th with a strong market value of $17,789,281,901.

•In light of this volatility; Expectations for SHIB to reach $1 are increasing with emphasis on its supply of 589 trillion coins, and we will now move on to the Shiba Inu price forecast, taking market movement and investor sentiment into account, to test the possibility of achieving this achievement.

#ShibaInu.priceforecast

•The pivot point (dividing point between two price scenarios) for the Shiba Inu price is at $0.000029, which serves as a basis for a potential upward movement, while the next resistances are located at $0.000032, $0.000035, and $0.000038.

•On the other hand, the support levels are located at $0.000026, $0.000024, and $0.000020 and serve as a safety net preventing further decline.

•As for technical indicators, the value of the Relative Strength Index (RSI) is 58, which suggests a suitable buying climate that could support SHIB’s rise.

•Shiba Inu price forecast: The Exponential Moving Average (EMA) for 50 days stands at the level of $0.000029, confirming the tendency towards the rise if it remains above it; We note the double top pattern at the $0.000031 level, which represents a resistance that can stop the price’s rise if it fails to overcome it firmly enough. The bottom line is that the Shiba Inu has the potential to rise if it remains above the $0.000029 level. Traders must also be careful, as a decline is possible below this level. The level could lead to a major selling wave that affects the price.

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