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PEPE coin is celebrating its birthday today! It's been an incredible journey since its launch, and the community has grown exponentially. Let's take a moment to appreciate the progress and look forward to an exciting future.
Brief Analysis:
- PEPE coin is a meme coin built on the Ethereum blockchain - It is a tribute to the popular internet meme character "PEPE the Frog" - It has no fundamental or intrinsic value and no utility
Growth:
- PEPE coin was launched on April 12, 2023 - It reached a market capitalization of over $1 billion in just 20 days - It experienced a meteoric rise of 7,000% within 17 days - It is currently ranked 46 by market cap
Latest Trends:
- PEPE coin has seen a significant increase in price and popularity - It has been listed on several leading cryptocurrency exchanges - It has a strong social media presence, with over 290,000 followers on Twitter
Positive Vibes:
- PEPE coin has been seen as a symbol of community and inclusivity - It has been praised for its ability to bring people together and create a sense of belonging - It has been seen as a way to poke fun at the seriousness of the cryptocurrency market
Comparison to Other Meme Coins:
- PEPE coin is similar to other meme coins like Dogecoin and Shiba Inu - It has a similar deflationary mechanism, where a small percentage of tokens are burned with each transaction - It has a similar redistribution system, where a portion of every transaction is shared amongst existing token holders.
A rare anomaly has emerged in the Shiba Inu (SHIB) ecosystem, causing a significant disruption in one of its key whale metrics. Data from IntoThe Block has uncovered a peculiar trend, showcasing a notable increase in the number of large transactions exceeding $100,000 within the past 24 hours.
However, despite this surge in transaction frequency, there has been a substantial decline in the volume of these transactions during the same period.
According to the data, the number of large transactions soared by an astonishing 71.4%, totaling 204 transactions. This surge in activity would typically suggest a robust and bullish market sentiment among large-scale investors.
However, the anomaly lies in the stark contrast observed in the volume of these transactions. The volume of large transactions, denoted in Shiba Inu tokens, plummeted by a staggering 67.3%, decreasing from 6.36 trillion SHIB to 2.08 trillion SHIB.
Furthermore, when measured in dollar equivalent, the decline in transaction volume amounted to 63.63%, dropping from $144.76 million to $52.64 million. Interestingly, the percentage of volume decline in dollar terms appears lower due to the substantial price surge of the Shiba Inu token.
Within the same 24-hour period, the token's price experienced a remarkable increase of over 24%, briefly reaching $0.0000282 before retracing to $0.0000262.
100 Billion Shiba Inu (SHIB) Sent for Sale: Why Are Whales Selling?
The perplexing nature of this anomaly may leave the SHIB community questioning its underlying cause. Whether this unexpected turn of events stems from a glitch in the on-chain data calculations or if it signifies a genuine and unprecedented occurrence within the Shiba Inu ecosystem is a question to ask.
I am leaking the data for all the prices of the tokens below in 2030 (just a thorough Analysis nothings certain , do your own research) $BTC = $167.000 $ETH = $10,768 $XRP = $11 $ADA = $115 SOL = $432 PDA = $17 DOGE = $12 SHIBA = $1 TIA = $421 BNB = $3.987 MATIC = $4 MANTA = $8
• EMA GX possible in play, just needing more reaction from buyers.
• Market trading above bullish NT.
• Market above POC; trying to sustain a break from current structure's 75% key trendline resistance. In case of successful breakout, expecting an entry on Fib's golden zone and a test on the VAH.
• TFO signaling overbought conditions, could make a pullback just above the overbought line and bounce for more upward push.
💎Shiba Inu team secures $12 million via TREAT token sale to non-U.S. investors like Polygon Ventures. 💎The lead developer, Kusama, clarifies the investor base amid queries about U.S. involvement. 💎TREAT is a utility and governance token for Shiba Inu’s Layer 3 blockchain.
The team behind the Shiba Inu memecoin has secured $12 million by selling its unreleased token, TREAT, to non-U.S. venture capital investors. The fundraising campaign, which started several months ago, witnessed participation from investors such as Polygon Ventures,
Mechanism Capital, Big Brain Holdings, Woodstock Fund, and DWF Ventures, Questions arose regarding the involvement of U.S.-based investors such as Mechanism Capital and Shima Capital. However, Shytoshi Kusama, the lead developer, clarified that despite appearances, none of the investors are based in the U.S., although full entity names remain undisclosed.
Kusama refrained from providing specific details regarding the valuation but indicated that the fundraising was conducted in tranches. According to a source familiar with the matter, these tranches occurred at valuations of $75 million, $100 million, and $200 million, respective…
$SHIB AND $ENA both are moving towards financial freedom.
Both are equally important in the crypto space right now.
I’m a big fan of SHIBA since the early days same as ENA ACTUALLY Shiba did introduce me to the market with a great profit, the real profit with me was my followers on YouTube and social media since then.
I believe there is a huge opportunity for both projects to skyrocket and eventually be able to achieve greater profitability for their users.
We are still early in the game and more is on the way.
Just be patient and keep studying and support the crypto ecosystem you will win in the future❗️
Whatever project you support now, keep the momentum going and never give up, do not listen to anyone except yourself. You and only you now can decide what’s best for you.