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TOP 10 Meme Coins #DOGE #PEPE #FLOKI #SHIB #QUACK
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🔥🔥Breakthrough: Shiba Inu SHIB tokens burn through more than $9 billion $SHIB 🔥Out of the entire quantity of SHIB tokens, Shiba Inu has burnt more than $9 billion worth. 🔥April has been a losing month for SHIB holders, with approximately $45 million in losses. 🔥Bullish on-chain indicators suggest that SHIB is well-positioned for a comeback. 🔥There was a recent milestone in the amount of tokens burnt by Shiba Inu (SHIB), the second-largest meme currency in the crypto ecosystem. From the beginning of the burn mechanism, Shiba Inu has burned more than 410.72 trillion SHIB tokens, which is worth more than $9 billion. 🔥The Shiba Inu price is expected to bounce back soon, according to Santiment's positive on-chain metrics for the meme currency. 🔥On April 16, the Shiba Inu token will be burned, removing almost $9 billion worth of SHIB from circulation. This is a major milestone in the project. 🔥Both the 7-day and 30-day periods of the Market Value to Realized Value (MVRV) for SHIB indicate that the stock is now experiencing favorable conditions. 🔥The fact that SHIB investors have lost a total of $45 million so far in April suggests that the meme currency is about to give up. 🔥From what we can tell from Shibburn data, the Shiba Inu token burn reduced the supply of SHIB by around $9 billion, which means there are less SHIB in circulation and, in theory, less demand for the meme currency. 🔥According to Santiment data, the price of SHIB rises within a week if the 7-day and 30-day moving averages of MVRV fall within the zone shown in the chart below, which is between -6 and -18%. Price increases for SHIB are anticipated to occur now that the MVRV has returned to the opportunity zone. 🔥According to the Network Realized Profit/Loss indicator (NPL), SHIB investors have regularly experienced losses totaling $45 million from April up until the current date. An asset's capitulation is signaled when nonperforming loan (NPL) levels climb in tandem with a price fall; this is usually followed by a price rise. #SHIB #Memecoins #BullorBear
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8 Cryptocurrencies That Will Soar in 2024 🔎Bitcoin In general, the state of Bitcoin in the year 2024 is unpredictable. Although there are elements that contribute to expansion, obstacles nevertheless persist. 🔎BNB With its potential for greater acceptance and its usefulness inside the expanding Binance ecosystem, $BNB seems to have a bright future. But it's critical to keep up with changes in regulations and market competitiveness. 🔎Cardano Taking aim at the issues with Ethereum and Bitcoin's scalability, sustainability, and security, Cardano presents itself as a blockchain platform for the future. 🔎Solana Thanks to its expanding ecosystem and cutting-edge technologies, Solana might see massive development in the year 2024. However, in order to succeed in the long run, you must handle issues with network stability and learn to navigate the competitive environment. $ADA 🔎Polkadot Polkadot is well-positioned for long-term development because to its emphasis on a healthy ecosystem and its features that facilitate interoperability. The key to its success, however, will be successfully navigating the regulatory and competitive landscapes. 🔎Avalanche In sum, Avalanche's bold consensus process and emphasis on an expanding ecosystem provide promising expansion opportunities in the year 2024. Achieving success in the long run, however, requires attending to security problems, dealing with competition, and understanding the regulatory environment. 🔎Chainlink When it comes to smart contracts' ability to engage with the physical world, Chainlink's decentralized oracle network is vital. In the long run, LINK's development may be propelled by further collaborations, integration with additional blockchains, and greater usage of DeFi. 🔎Terra (LUNA) Terra (LUNA) had a major collapse in May 2022, and that much is true. A chain reaction brought down UST and $LUNA when its algorithmic stablecoin, TerraUSD (UST), decoupled from the US currency. Since then, the project has gone bankrupt, leaving Terra's future up in the air. #BTC #BNB #LUNA #SOL
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Bitcoin's Next Demand Zone Is $56,000: Prepare? On-chain data reveals the next significant Bitcoin demand zone is $56,000, which BTC may return if the drop continues. Next Major Bitcoin On-Chain Support Around $56,000 The market intelligence tool IntoTheBlock estimates that BTC may need support around $56,000 because to its recent decline. On-chain research uses the amount of coins investors last bought at a level to determine support or resistance. A cost-basis distribution chart of cryptocurrency price ranges around the current spot price shown below. In the graph, the dot size reflects the quantity of Bitcoin bought in the price range. Investors seem to be concentrated around $63,000–$64,890. One million investors bought 530,000 BTC in this area. Due to the prominence of the level, investors may be more willing to act when the asset retests their cost basis. Investors who were successful before the retest may now bet more, reasoning that if this level was lucrative before, it may be again. Naturally, this purchasing influence would only affect the market if many buyers bought coins within a limited price range. The $63,000–$64,890 range fits. BTC recently fell below the range, signaling that it may have broken down. The chart from IntoTheBlock shows that $55,200 to $57,100 is the next significant support area. If the present downturn continues, this may be the next important range. “While this doesn't mean Bitcoin has to go this low, it is good to keep this range in mind while price is exploring recent lows,” the analytics company said. A drop to the average price of this range ($56,000) would reduce the coin's spot value by approximately 10%. BTC may return another intriguing on-chain level before this one. In an X article, analyst James Van Straten noted that short-term holders' Realized Price (average cost basis) is $58,800.#etf #bitcoinhalving #BullorBear $BTC
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Shiba Inu Price Prediction as Meme Coin Market Cap Drops First Since March The Shiba Inu price fell 8% today to $0.0000216 while the crypto market fell 4.5% in 24 hours. SHIB has plummeted 24% in a week and 16% in 30 days, whereas the meme token has gained 85% in a year. At a time when the meme token market has witnessed its first substantial cap decrease since March, SHIB and Dogecoin have suffered. However, certain meme currencies, notably presale tokens, are defying the trend and demonstrating growth. SHIB is in a medium-term decline, with poor indications and no prospects of recovery. After recovering somewhat to 60 yesterday, its relative strength index (purple) has fallen again in 24 hours. SHIB's 30-day moving average (orange) is continuing falling, while being far below its 200-day average (blue), indicating oversold territory. The market may take a few days to recover, but SHIB's $1 billion trading volume suggests market interest. For present, its resistance (red) and support (green) levels point downwards, so traders must be patient. With at least one whale producing intriguing material in the previous week, it may return to growth shortly. Smart money predicts SHIB to rebound soon, with the market likely to support it recover if enthusiasm returns. With miners losing 50% of their revenue, the Bitcoin halving might have a major impact on prices, but miners may sell out to cope. This might hurt SHIB and other currencies in the near and medium term, but Bitcoin ETF volumes and interest rates will stabilize, boosting the market throughout the year. Shiba Inu is one of the strongest meme tokens fundamentally, thus rallies will enhance its price. In a few months, it might hit $0.00004, then $0.00006 by year's end. #SHIB #Memecoins #bitcoinhalving $SHIB
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Web3 courses offered by Binance Academy to top European institutions One of the leading cryptocurrency exchanges, Binance, has stepped up to meet the public's need for education on the subject as the business continues to develop and mainstream interest in cryptocurrencies grows. According to information supplied with Finbold on April 16, Binance Academy will teach students about the ever-changing crypto industry, blockchain technology, and virtual assets via university-accredited courses at several well-known European schools. Web3 courses will be welcomed by top institutions such as Prague University of Economics and Business (VŦE), the European Business Institute (EBI) in Luxembourg, and ESCP Business Schools with campuses in Madrid, Spain, and Turin, Italy, among others around Europe. Specifically, a four-week course called 'Digital Assets and Blockchain Industry' will be held at Prague University of Economics and Business (VŠE). The course will center around Bitcoin (BTC), the development and future of the crypto industry, the practical applications of crypto assets, and how they impact conventional financial systems. 'Blockchain and P2P Fundamentals,' a seven-week course offered by the European Business Institute (EBI) in Luxembourg, delves into the many applications of blockchain technology, including but not limited to: healthcare, supply chain management, mining, smart contract development, international payments, and more. 'Blockchain Mastery: From Fundamentals to Advanced Corporate Solutions,' a four-week program at ESCP Business School, will provide a complete overview of the cryptocurrency market, decentralized financing (DeFi), its complexities, and the effects it will have on companies In a statement on the news, Yi He co-founder of the cryptocurrency trading platform, expressed her company's excitement about the fruitful collaborations with prominent European institutions, underscoring the significance of education in expanding the reach of Web3 and associated technologies. #BinanceLaunchpool #BinanceAcademy #web3
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Останні новини
Ethereum (ETH) перевищив 3100 USDT із зростанням на 0,70% за 24 години
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BNB перевищив 540 USDT зі зниженням на 2,75% за 24 години
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Bitcoin (BTC) перевищив 63 000 USDT зі зниженням на 0,29% за 24 години
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Рівень спалювання шиба-іну різко зростає на тлі падіння ринку
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Доходи біткойн-майнерів зіткнулися з падінням доходу через майбутнє оновлення коду
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