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#BounceBit A Shiba Inu whale owns 10% of the SHIB supply, multiplying its investment by 250,000 times
The mysterious investor gained more than 250,000 times the return on their initial investment of just $10,000, which is now worth over $2.5 billion.

On-chain data has revealed that a large unknown investor holds more than 10% of the Shiba Inu token supply, raising new concerns about the distribution of the second largest memecoin in the world.

A mysterious Shiba Inu whale
SHIB

owns more than 10% of the total token supply across 150 addresses.

Despite their holdings reaching a peak value of over $5 billion, the whale has held onto their SHIB coins since 2020, according to a post on X from November 19 made by the blockchain data firm Bubblemaps, which stated:

Between August and October 2020, a new player entered the scene: 0x1406 bought 103T $SHIB (10% of the supply) for only 38 ETH. At that time, 38 ETH was worth $10,000. Today, 103T $SHIB is worth over $2.5 billion.

Shiba Inu Whale. Source: Bubblemaps

Since October 2020, the investor has achieved a return on investment of over 250,000 times their initial investment of just $10,000, which equates to more than $2.5 billion today, possibly making it the largest operation in history, according to Bubblemaps.

Today, November 20th, the cryptos are bleeding out, they are all going to hell. NEIRO 1MBABYDOGE BONK PEPE and all the cryptos are going to hell. Today the pressure is high that cryptocurrencies are experiencing. Nothing is secure; what went up is bringing it down. Today it feels like starting over, getting back to the same bearish price to serve again. What a drag, crypto is like this; they are very volatile.

Shiba Inu (SHIB) Increases Burn Rate by 6200%: Rally Coming.

Shiba Inu CRYPTO SHIB suffered a price correction over the weekend that erased the previous week's gains, but rising burn rates and bullish signals on the chart suggest the meme cryptocurrency is on the cusp of a rally.

What Happened After burning 290,321 tokens, Shiba Inu's burn rate increased by 6,223.7% over the past 24 hours, according to Shibburn. Over the past week, the ecosystem has burned 130 million SHIB tokens.

Shibarium's marketing lead Lucie highlighted the efforts of contributors, noting that the ecosystem has burned around $1.5 million worth of SHIB over the past year. She also believes that if there were more than 10 contributors, burn rates would be much higher.

Despite Shiba Inu's rally cooling off over the weekend, crypto trader Nology remains bullish as he holds a long-term position and recently added to it.

He anticipates a strong performance in the coming weeks, noting that the crossover of slow EMAs on the daily timeframe supports a longer-term uptrend.

CoinSignals predicts a breakout of the symmetrical triangle with a target of between 25% and 50%, while crypto trader TheMoonCarl forecasts a pump that could take SHIB to $0.00003630.

Shiba Inu Stats
Data from IntoTheBlock shows that large transaction volume decreased by 31.6% and daily active addresses fell by 15.6%.

Transactions over $100,000 have dropped from 494 to 324 in a single day.

Around 61% of SHIB holders are in profit, up from 59% on November 15, while 31% are still in the red.

Shibarium data shows that daily transactions have increased from 4.69 million on November 16 to 4.71 million on November 17.

that's how it is

NEIRO has already run out of fuel and has not wanted to raise its head. NEIRO lost strength because many investors sold their NEIRO, mainly the small ones. They became desperate and sold NEIRO in the afternoon hours, it fell, trading at 0.00196249.

Here's why November 19 could be historic for Bitcoin.

The launch of Bitcoin spot options in the United States marks a crucial milestone for the crypto market. Scheduled for November 19, 2024, this event could transform market dynamics and attract a new wave of institutional and retail investors.

Bitcoin spot options launch in the United States!
Bitcoin spot options are financial derivatives that allow investors to buy or sell shares of Bitcoin ETFs (exchange-traded funds) at predetermined prices. Unlike Bitcoin futures contracts, which are largely used to speculate on the future price of the asset, spot options allow for greater flexibility.

They offer traders the ability to buy or sell bitcoin at a predetermined price before a specific expiration date, without the obligation to complete the transaction. This feature is particularly attractive to investors looking to protect themselves against the extreme volatility of the crypto market.

This launch is therefore particularly significant as it introduces a new layer of liquidity and sophistication to the crypto market, which is still largely underdeveloped in terms of derivatives products.

Discover the 2 memecoins with the most potential, according to ChatGPT.

Memecoins have gone from being a passing phenomenon to becoming a relevant category within the crypto ecosystem. In a recent survey on CoinMarketCap, ChatGPT identified Shiba Inu (SHIB) and Dogecoin (DOGE) as the two memecoins with the most potential, based on their development, community, and current utility.

Below, we explain why these coins stand out in the competitive digital meme market.

Shiba Inu: Innovation and a growing ecosystem
ChatGPT identified Shiba Inu as one of the most promising memecoins due to its rapid technological advancement and its solid ecosystem. Among its most notable achievements is Shibarium, a layer 2 solution that improves scalability and reduces transaction costs. This gives it a competitive advantage by getting closer to the functionalities of the leading blockchain networks.

Furthermore, SHIB is not just relying on its narrative as a memecoin, but is positioning itself as a project with real utility. It has been adopted as a payment method in various merchants, and its focus on the development of DeFi applications and a Metaverse of its own make it an attractive option for investors looking for innovation within this segment.

SHIB Evolution in 2024, Source CoinMarketCap
Shiba Inu in depth: The impact of large SHIB token burns
Dogecoin: The pioneer that continues to dominate
ChatGPT's other standout choice is Dogecoin (DOGE), the memecoin that started it all. DOGE remains a top asset thanks to its loyal community and the backing of influential figures such as Elon Musk. Its use as a payment method in renowned companies, such as Tesla, has reinforced its utility in the real world.

Although Dogecoin has not innovated as much technologically as Shiba Inu, its strength lies in its mass adoption and its position as one of the most well-known cryptocurrencies. It is this combination of community, recognition and utility that led ChatGPT to select it.

How far can XRP go if it surpasses its next rivals?
The cryptocurrency issued by the Ripple company has once again surpassed the $1 mark.

For many years, XRP was the second most valuable cryptocurrency.
BNB is the next rival to be surpassed by XRP.
The price of XRP, the digital currency issued by the Ripple company, increased by 95% over the last 7 days and displaced dogecoin (DOGE) from the sixth place in the ranking of the most valuable cryptocurrencies in terms of market capitalization.

As CriptoNoticias already reported, XRP reached $1.26 this week, a price it had not reached since November 11, 2021. This rise was driven by the massive accumulation of “whales and sharks”, which are those that own between 1 million and 100 million tokens.

According to Santiment, a market analysis firm, large investors accumulated more than 453 million tokens, valued at 526.3 million dollars.

These movements boosted the price of the digital currency, which rose more than 7% in the last 24 hours. At the time of publication of this note, the price of XRP is 1.14 dollars, 70% below the historical maximum it reached in June 2018.

Solana loses $6.88 billion, the crypto market goes crazy.

The crypto universe is a universe where every move is scrutinized, analyzed and often dramatized. So, when Solana (SOL) sees its trading volume drop from $12.60 billion to $5.72 billion, the entire crypto ecosystem wakes up, ready to interpret the slightest fluctuation. The question that burns on the lips, does this drop mean the end of the boom or a simple moment of turbulence? Let's delve into this situation that, like a financial thriller, holds the breath of many investors.

Solana Crypto
A Solana crypto drop that raises doubts
On November 12, Solana experienced an impressive rise, reaching an exchange volume of $12.60 billion. A peak, worthy of the best days of the altcoin, which restored hope to crypto fans.

But, as is often the case in this market as unpredictable as a stormy sea, the wave quickly broke loose. Today, the volume barely reaches $5.72 billion. The translation? A dry loss of $6.88 billion and an alarm signal for experienced analysts.

This fall is not just a matter of numbers. It crystallizes a return of distrust. The bears, those famous bears of finance, seem to have marked a point by closing Solana's progression at $216.

Their strategy: Make the ascent towards $300,$ seem as distant as a mirage in the desert. And as long as the volume remains anemic, the chances of a rebound fade. Investors, waiting for a sign of recovery, will have to keep waiting. And waiting, in the crypto jungle, is often synonymous with nervousness.

Declining active addresses: the other shadow in the picture
Volumes are not the only metric of concern. Solana network engagement, as measured by the number of active addresses, reveals another stark truth.During the last days of October, Solana could boast

It is not as they make us believe that the burning rate of SHIBA has increased, that is a lie, they have not burned a single coin, here is the evidence
If you analyze and the amount of coins in circulation is the same, no menorah, it is nothing for you to realize, go to the trust wallet

If whales started to wake up more for BONK BONK could reach this price 0.0098776💲 before coming out this year 2024 then it would generate profit because BONK has had a massive performance and if many investors bet more on BONK it could reach 1 USD this year 2025 around mid-June I suppose they will wake up more for BONK

BONK is trading at 0.00005176💲 this is a good increase if many investors would bet on this currency that would be a bomb 💣

The crypto market is stagnating Shiba BONK Pepe is on an up and down candle 📉 the market is resisting not letting itself go down this is due to the correction that Bitcoin is having these days but don't worry, a bullish rebound is expected in the coming days.

Crypto Future: Bitcoin Could Hit $650,000 According to Wood

As financial markets wonder about the future of cryptocurrencies, Cathie Wood, the famous CEO of Ark Invest, reaffirmed her bold bet on Bitcoin. According to her, the queen crypto could experience a 600% increase to reach $650,000 by 2030. These projections, based on economic dynamics and regulatory developments, generate growing interest among both institutional and individual investors.

A vision supported by solid arguments
During a recent intervention on CNBC, Cathie Wood revealed Ark Invest's outlook regarding Bitcoin. She stated: "We have a target for 2030. In our base scenario, it is approximately $650,000, and in our optimistic scenario, it could be between $1 and $1.5 billion." These important figures are based on several catalysts, including the arrival of clearer regulations under the pro-crypto US administration.

Wood also highlighted the evolution of Bitcoin as a new asset class, which attracts the attention of traditional portfolio managers. This institutional adoption, combined with the scarcity of Bitcoin, would, according to her, be a key driver for its future appreciation. Her observation on the historical behavior of crypto supports this. If you look at the years when Bitcoin reduced its mining rewards and where inflation decreased to 0.9%, it has generally seen good progress” indicates-t-elle.

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Towards a market redefined by adoption and inflation
Beyond the numbers, Cathie Wood anticipates a structural transformation of the market. “Bitcoin is now perceived as much more than just a global monetary system. It is a distinct asset class,” she said. Thus, this recognition drives institutional investors to integrate Bitcoin into their portfolios

Bitcoin is going down, it entered a correction and is at 89,234💲
it is expected to reach above 86,789💲 all cryptocurrencies are in the red DOGE and Pepe are retreating, entering a bearish line. This correction is expected to gain momentum to continue climbing in an upward line

everything is going down, it is due to Bitcoin, which has entered a correction and then took off. At least 100,000 thousand dollars. Let's wait and see what happens in the next few days.

Bitcoin will reach at least $285,000, according to analyst

Juan Téllez shows his projections for the price of bitcoin during the current bullish cycle.

The maximum projected by Téllez is above $600,000.
I'm blown away, says Téllez and adds that he does not believe the result.
The takeoff of bitcoin (BTC) to new historical maximum prices since last week shows a strong demand that could continue. According to the trader and analyst of crypto assets

Juan Téllez, this bullish trend could reach values ​​that he finds difficult to imagine.

I'm blown away. comments the specialist in a market report that he published on November 11. I have made a prediction of the price of bitcoin with fundamentals, without smoke, and I do not believe the result, he adds.

According to his estimates, the price of bitcoin will reach USD 285,000 at the minimum and USD 600,000 at the maximum in this bullish cycle. I know it's hard to believe; at least I find it hard to believe, he clarifies. But, in defense, he recalls that, in each BTC cycle, few people believed the price peaks it would reach.
His projection is based on an analysis of the macroeconomic context and the flow of capital that can enter bitcoin, either spot or from ETFs (exchange-traded funds).

Binance Launches Dog Battle, Giving Away $200,000 in Rewards
The platform brings together dog memecoin holders to determine who will reign as Binance's Top Dog.

The Binance promotion will run from November 13 to December 8.

Users will be required to join a team and participate in daily tasks to earn points.
The winning team with the most points will be crowned the exchange's Top Dog.

Binance, the world's largest cryptocurrency exchange, announced a new rewards program called Dog Battle, where dog memecoin communities will battle it out to determine who will reign as the Top Dog on the platform.

The competition includes cryptocurrency projects BabyDoge (BABYDOGE), Dogecoin (DOGE), DOGS (DOGS), FLOKI (FLOKI), and First Neiro On Ethereum (NEIRO). All regular users and those with VIP levels 1 to 3 are eligible to participate, choosing a side, completing missions, and accumulating points to claim a share of a 200,000 USD Coin (USDC) prize pool in token vouchers.

The Binance promotion will run from November 13, 2024, 00:00 (UTC) to December 8, 2024, 23:59 (UTC). To participate, users must log in to their Binance account, visit the activity's main page, and join one of the available teams. Once the team is selected, they are redirected to a mission page where they can perform daily tasks to earn points according to the established reward structure.

At the conclusion of the promotion, Binance will calculate the total sum of points accumulated by each team. The team that has accumulated the most points will be crowned the Top Dog, sharing a prize pool of 100,000 USDC.

Pennsylvania ready to invest $1 billion in Bitcoin.

Little by little, American states are jumping into the Bitcoin race. More and more legislators see in this emblematic cryptocurrency a strategic option to protect public finances against rampant inflation. Breaking news: Pennsylvania is considering a significant investment in Bitcoin, illustrating a trend where BTC is establishing itself as a shield against economic instability.

Bitcoin: A strategic reserve for Pennsylvania?
Bitcoin news latest: On November 13, Pennsylvania Representative Mike Cabell made an impact with a proposal that could create a lot of talk in the halls of other states. This bill would allow the state treasurer to invest up to 10% of his funds in Bitcoin, an unprecedented move aimed at countering the harmful effects of inflation.

Inspired by financial giants such as BlackRock and Fidelity, already adept at the BTC strategy, Cabell sees Bitcoin as a safe haven.

In times of uncertainty, a decentralized currency can stabilize our financial future, he stressed.

10% of Pennsylvania funds, or potentially more than $1 billion, could be invested in BTC;
$9.7 billion in the State General Fund;
$7 billion in the Emergency Fund, already ready to join the crypto.
BTCUSD chart by TradingView
The adoption of Bitcoin at state level like Florida shows a willingness to diversify and reinforce reserves in the face of global economic shocks. This strategic reserve project also has the support of Aaron Kaufer, co-sponsor of the text, who hopes to convince skeptics in the legislature.

Inflation in the United States: The response of the states
With inflation continuing to rise,

Trump effect, Bitcoin sets a new record and is now worth more than a flat in Spain, it is the ideal time to invest
After the Republican's victory, Bitcoin has not stopped rising and is already approaching the value of a three-room flat in Spain. What the experts say.

More and more Spaniards are venturing to explore the cryptocurrency ecosystem in search of new financial opportunities. Although currently only 17% of citizens invest in financial products such as stocks or cryptocurrencies, interest continues to grow. According to the latest report by the online bank N26 on the finances of Europeans, 51% of the Spanish population "wants to learn to manage their money better."

In this context, small investors - attentive to any movement that may influence the value of their investments - closely follow events related to international political figures such as Donald Trump, who has impacted the whole world by once again becoming president of the United States.

After the Republican's victory, Bitcoin has not stopped rising and is approaching the value of a three-room flat in Spain. On the real estate portal of Banco Santander, Diglo, the financial institution offers a 3-bedroom apartment for only 40,000 euros. It is located

Bitcoin has already entered a correction and is expected to rise to $100,000 in the next few days. Something big is expected to come for Bitcoin and other Alcoins

BONK
Pepe