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Solana’s Open Interest Plunges 21% as Price Dips Solana’s open interest (OI) has dropped 21% compared to the previous day, while its price has dipped below levels not seen in over a month. Solana’s OI, which measures the total value of outstanding futures contracts, stood at $1.62 billion on April 14, down significantly from the previous day, according to CoinGlass data. This mirrors a broader decline across the cryptocurrency market, with top altcoins like XRP, Dogecoin, and Cardano also experiencing double-digit drops in the past 24 hours. Solana price fallen 15% after War news between Israel 🇮🇱 and Iran 🇮🇷 and price Went $123 Now recovering ❤️‍🩹 slowly steady

Solana’s Open Interest Plunges 21% as Price Dips

Solana’s open interest (OI) has dropped 21% compared to the previous day, while its price has dipped below levels not seen in over a month.

Solana’s OI, which measures the total value of outstanding futures contracts, stood at $1.62 billion on April 14, down significantly from the previous day, according to CoinGlass data. This mirrors a broader decline across the cryptocurrency market, with top altcoins like XRP, Dogecoin, and Cardano also experiencing double-digit drops in the past 24 hours.

Solana price fallen 15% after War news between Israel 🇮🇱 and Iran 🇮🇷 and price Went $123

Now recovering ❤️‍🩹 slowly steady

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All crypto gone under red Zone #Binance  Who the hell is selling these Major Coins #BTC  #ETH #BNB  #SOL
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Shiba Inu Lead Stirs Speculation With Unexpected Location Update In an unexpected twist that has left the cryptocurrency community buzzing, Shiba Inu lead Shytoshi Kusama has updated his Twitter bio, signaling a location change to Lima, Peru. This intriguing development comes nearly 24 hours after a cryptic teaser featuring "Evita" was shared with the community, sending waves of speculation across social media platforms. The teaser, which was sparse on details but rich in cultural references, seemed to send a message to the Shiba Inu community. "Evita," presumably referring to Eva Perón, the iconic Argentine figure, symbolizes a revolutionary spirit and a fight for the people. This teaser, whose context remains unknown, has prompted many to speculate whether Shiba Inu is preparing for a major announcement that could embody the same transformative energy that "Evita" represented. #Shibarmy
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What is happening in crypto April Month was dump May Month Pumping.💪👍🌻
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Is Dogecoin Price Already In A Bull Run? The current surge in Dogecoin price after a long correction zone has speculated rumors of the meme coin entering a bull run already. Learn the truth behind that. Dogecoin has exhibited a good surge in the last few days, where the token price has increased more than 12% in seven days. At the time of writing, DOGE price is currently valued at $0.1587. The trading volume is also up by 38%, pushing the value to $1,653,651,967. However, the token did face a slight decline in the last 24 hours as the value has dropped 5%, and the market cap has reduced to $22,846,572,855 after a 5% decline as well. Elon Musk Pushed The Dogecoin Price Elon Musk has again teased the audience about accepting Dogecoin for payment at his company, Tesla. Earlier in March, Elon talked about the possibility of accepting Dogecoin in an event at the Tesla factory in Germany. This discussion was a part of the Q&A round, which asked, “When can you buy a Tesla with Dogecoin?” Elon said, “You know, at some point, I think we should enable that.” And now that has come true as Tesla has announced the acceptance of the Dogecoin for Merchandise shopping at Tesla. The EV company also cleared that, at this time, they are only accepting Dogecoin. #Tesla #Doge
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Shiba Inu Price Surges as $5.16M Worth of SHIB Moved to Coinbase Two wallets transferred 211 billion SHIB tokens to Coinbase, worth $5.16 million, sparking mixed reactions. SHIB’s price surged by 7.65%, with market capitalization and trading volume also rising. Recent Bor and Heimdall hard forks on Shibarium aim to enhance utility, potentially influencing SHIB’s prospects. In a significant trading activity, two wallets identified as ‘0x6a43..’ and ‘0xef01..’ transferred 211 billion Shiba Inu (SHIB) tokens to Coinbase, a major cryptocurrency exchange. The transactions, valued at approximately $5.16 million, occurred over the past 24 hours, according to on-chain tracker The Data Nerd. Price Trends and Market Speculations At press time, Shiba Inu’s market price has climbed 8.55% in the last 24 hours, now trading at $0.00002479. This uptrend is mirrored in its market capitalization, which has also increased by 7.78%. Furthermore, the trading volume for SHIB has seen a 9.85% increase, an indicator of heightened trading activity. This recent price action places SHIB in a speculative spotlight as investors watch the market’s response to these developments, gauging the potential for future price fluctuations. Developmental Endeavors Shiba Inu continues to make strides in development, notably with the recent introduction of the Bor and Heimdall hard forks on Shibarium. These updates enhance block processing and reduce transaction fees, potentially increasing the token’s utility and appeal. Despite the current volatility, these factors collectively suggest that Shiba Inu holds promising prospects for long-term investors. While current developments provide grounds for optimism, the cryptocurrency sector’s unpredictability warrants a cautious approach from traders and investors. #CryptoWatchMay2024
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