Hope and faith should be the most expensive things in this world
Hope and faith are among the driving forces of markets, but they are also the source of the greatest risk because they are often based on an uncertain future.
What are your hopes now? 1️⃣The United States loosens its monetary policy, cuts interest rates, increases employment, and reduces inflation. This way, everyone earns more money, the opportunity cost of investment becomes lower, the cost of living decreases, and finally, there is spare money flowing into the cryptocurrency circle. 2️⃣ Trump was elected. It is conducive to regulation, allowing more people to see it, and more countries to follow the United States in opening the door to cryptocurrencies. More people and more money will flow into the cryptocurrency circle.
Since June 5, the chain has monitored a large amount of funds flowing into $SHIB , especially nine addresses that have attracted attention, spending a total of $35.2 million to purchase 135.63 billion $SHIB , with an average purchase price of $0.00002596 ($SHIBA price was $0.00002562 at press time).
Crypto Intelligence has tracked these nine addresses in detail, including five addresses: 0xFB67EF6fE609edAb1e0595e6815634E8E4db9cF7 0xb2f1956eAE0817dB73C4D542A4861eE485B7e7c6 0x607C26c976272459A0896065E03a9b70C0Ef04B5 0xf471176f71C41e30304146129b594e21aD6Bc16f 0xa3F526dC2b89BCdac893BE3daA781D0b565A3B45 The operation patterns of these addresses are very similar, and they have been purchased since March 1 $SHIBA and sold it on March 30th for a profit of about $5 million. Yesterday, these addresses started buying $SHIB again on a large scale. See the figure below for details
In addition, the situation of the other four addresses is more interesting:
0x52097A921019431703015bdc80E4F45a098102Cf
0x9133A90D2211a497134B6d377B24d66F60751671
0xA65840c0AE791cD70Bd6ecC4C0Eb6eD51775FC0b
0x9Ba831f068Ea0bD605071e83377589a6249fBa81
The first transaction of these addresses was recorded on April 21, 2021, receiving 170,324,324,234 SHIB. There was basically no trading activity in 2022 and 2023, and trading did not begin again until March 2024, with a large purchase of $SHIB on June 5, 2024.
In particular, 0x9Ba831f068Ea0bD605071e83377589a6249fBa81 also purchased about $500,000 of $PEIPEI on June 5. Detailed trading information can be seen in the figure below.
Crypto Intelligence's Top 3 AI Cryptocurrencies to Watch in June
Artificial intelligence is becoming a major force in the world of tech, finance, and crypto. Major companies like Nvidia have repeatedly released earnings reports that beat expectations, showing the huge potential of AI technology. Because of this, some AI tokens on the market have performed well early in this cycle. As attention to these technologies continues to heat up, investors and market analysts are looking for AI projects that have demonstrated strength and value.
Let's take a look at three projects that have performed well in the cryptocurrency and AI fields. Although the overall crypto market has not performed well in recent weeks, the following projects may break out in June:
@Fetch_ai ($FET ): Fetch AI is a platform that allows your digital avatar - what we call a "digital twin" or autonomous economic agent (AEA) - to automatically handle transactions and transactions for you on the blockchain. It is one of three major projects that aim to merge to create what is called artificial super intelligence (ASI). Imagine having an intelligent agent that can automatically make decisions and transactions for you. This is the future vision of Fetch AI.
@rendernetwork ($RNDR): Render has been likened to the Nvidia of crypto, and is the first decentralized GPU rendering platform. The goal of this platform is to make powerful GPU resources accessible to anyone, which is the key to high-quality graphics processing. Render is changing the way artists and creators access rendering power, making it more equal and easier.
@NEARProtocol ($NEAR ): While Near Protocol may not have attracted much attention as a long-term investment, it is very popular now as a trading opportunity. NEAR's technology is making it easier for developers to build and run decentralized applications, which makes it very promising at the forefront of technology.
As artificial intelligence technology continues to advance, related cryptocurrencies also show great growth potential. By investing in these cryptocurrencies, you are not only investing in the current technology, but also preparing for future technological changes. We are very excited to see how these projects continue to drive the global economy forward and create new business models and ways of trading.