#dogs sell or hold?

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I think #dogs coin will hit maximum between 0.008 - 0.02.

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$BTC Bitcoin mining company Core Scientific has rejected a $1 billion buyout offer from artificial intelligence firm CoreWeave.

This decision follows a recent partnership between the two companies that was expected to generate significant revenue.

The offer to buy CoreWeave, valued at $5.75 per share, was rejected by Core Scientific, with the board saying it undervalued the company and was not in the interests of shareholders.

Despite the rejected offer, Core Scientific and CoreWeave maintain a strong partnership. They signed a 12-year contract in which Core Scientific will provide 200 megawatts of capacity to enhance CoreWeaves' high-performance computing. This agreement is expected to bring in around 3.5 billion dollars. The market reacted positively, with Core Scientific's share price jumping 40%. Core Scientific's rejection of the acquisition underscores its strategic positioning in the emerging AI and cryptocurrency markets. In addition to mining, the company's robust infrastructure supports high-performance computing, making it a key player in the technology landscape.

As AI technology continues to grow, evidenced by Nvidia's recent rise to become the second most valuable public company in the US, Core Scientific's infrastructure positions it well for future advancements.

Despite the takeover offer, Core Scientific shares remained stable, reflecting investor confidence in the company's direction and potential.

Bitcoin has been trading sideways for a number of weeks.

This follows the euphoria from the bitcoin spot ETF approvals, along with the market-wide exhale post-halving.

As I previously shared with you all, bitcoin historically has not performed exceptionally well following the halving, so this is not necessarily an unexpected outcome.

But now there is a new narrative forming — is bitcoin ready to break out?

You're looking at the first breakout of Bitcoin against M1 money supply since March 2017 when it went historically parabolic for 9 months. Comparisons and trend projections involving 2021 may end up dramatically underestimating things. One interpretation: In 2021 Bitcoin was carried to new USD highs by increased money supply. In 2024 it’s gotten there on its own demand (and thus broke out against M1). Add the anticipated M1 growth this time and we likely see Bitcoin outpace expectations based in part on 2021.”

Next, the analyst points out “Bitcoin has only seen blow-off tops after breakouts against M1 money supply. And the longer its consolidated, the longer its run. This breakout follows the longest consolidation yet.”

Lastly, the analyst writes “Historic move imminent. Bitcoin’s 5-day bullish compression has reached its highest level in 8 years.”

Seems bullish, right? Maybe.

This analyst has a strong argument looking at bitcoin, the historical price performance, and M1 money supply. If you are unfamiliar with the insane M1 money supply growth over the last four years, here is a refresher:

But bitcoin seems to be overpowering the recent contraction in money supply. The asset has appreciated more than 50% year-to-date and we can see that each ETF is now seeing multiple day streaks of net-inflows.

It is impossible to predict whether bitcoin is going to break out at any given moment.

However, it is very easy to see the structural tailwind at play for bitcoin.

The government is going to continue debasing the dollar.

Wall Street will keep buying more bitcoin. Retail is not going to sell the bitcoin they already hold.

what the hell #Not 😡

Pepe Coin, a popular meme cryptocurrency, has garnered significant attention and investment since its inception. By 2025, analysts predict a range of potential price movements for Pepe Coin, reflecting both bullish and bearish scenarios based on market conditions and investor sentiment.

In a bullish scenario, experts like those at CoinCodex and Changelly foresee Pepe Coin leveraging its strong community and meme coin popularity to potentially reach an average price of $0.0000208 to $0.00003714 by 2025​. This prediction is based on continued interest and engagement from the crypto community, as well as a broader bull market in the cryptocurrency sector.

Moreover, CoinPedia offers a more optimistic forecast, suggesting that Pepe Coin could climb to $0.000050 if it follows the upward trajectory of leading meme coins like Dogecoin and Shiba Inu​. This would require sustained market enthusiasm and potential new endorsements or viral trends, which are common drivers of meme coin value.

On the flip side, there are more conservative predictions. Some analysts caution that market volatility and the speculative nature of meme coins could limit Pepe Coin's growth. For instance, if broader market conditions turn bearish, or if interest in meme coins wanes, Pepe Coin's price might struggle to break significant new highs, potentially trading within a lower range than the most optimistic predictions.

Overall, while the future of Pepe Coin is uncertain, it holds potential for substantial gains if it can maintain its relevance and popularity in the evolving crypto market. Investors should remain aware of the inherent risks and volatility associated with meme coins when considering investment decisions.

$The current price of Shiba Inu (SHIB) is around $0.00002551. Over the past month, Shiba Inu has shown notable growth, increasing by approximately 17%. Looking ahead to June 2024, price predictions for SHIB vary based on several factors, including market conditions and technological developments.

Analysts offer a cautiously optimistic outlook. Some predict that by June 2024, SHIB might experience a slight decrease to an average price of $0.0000229, with potential fluctuations between $0.0000217 and $0.0000240. This suggests a possible minor downturn but overall stability.

On the other hand, Shiba Inu's recent enhancements to its DeFi platform, aimed at increasing transaction speeds and reducing gas fees, could foster more sustainable growth and adoption. If these technological improvements gain traction, they could potentially drive SHIB's price higher, with some experts predicting a 20-30% increase under favorable market conditions.

Overall, while the price of Shiba Inu may experience some volatility, its technological advancements and strong community support could help mitigate severe downturns and possibly lead to moderate gains. Investors should stay updated on market trends and technological developments to make informed decisions.
#shib #shibaburn #shibainu