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Meme Coins Fall Sharply; Analyst Calls Bottom Over 20% in one week, the Shiba Inu price fell to $0.000022. SHIB investors lost 43% in this big meltdown. Top meme currencies like Dogecoin, Pepe, and Bonk have all fallen in price, along with Shiba Inu. After massive drops, the Shiba Inu pricing is fighting to stabilize. Investors were devastated by the meme coin's drop to $0.000020, one of the worst in recent months. Many observers expected Shiba Inu to rise, but it has fallen. The gloomy market and recent Bitcoin falls have weighed on the overall crypto market, causing this collapse. The latest crisis has sobered investors who joined the crypto sector at price highs and reminded them of its unpredictability. Meme coins, which are extremely speculative, sometimes see sudden, unpredictable falls. IntoTheBlock reports that 43% of Shiba Inu investors lose money and 53% profit. ITB's on-chain indications show Shiba Inu is generally bearish, with Net Network Growth, big transaction volume, and concentration in the negative. Shiba Inu has lost 12.6% in value in 24 hours, according to CoinMarketCap. The doggy-themed meme currency fell 25% last week, compounding its 15% drop from the month before. Whales are quickly liquidating their stakes as SHIB falls. On X (previously Twitter), blockchain wallet tracker LoonOnChain reported that an unnamed whale sold 250 billion SHIB for $6.05 million. On August 6, 2020, the whale paid $3,800 to acquire 15.28 trillion SHIB, earning up to $109 million. Bitfate on X reports that meme coins have reached the red zone this week due to panic selling by holders. Coingecko also reported a 16% drop in meme coin market worth to $97.4 billion. Isak, a crypto trader, said that Bitcoin's recent slump has contributed to meme currencies' dismal performance. The trader said that cryptocurrencies have fallen considerably and most meme coins are 90% below their ATH. Isak believes the bear market is underway, heralding the end of the bull market. #MarketPullback #BTCNextMove #PEPE #SHIB #DOGE $SHIB $PEPE $DOGE
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Bitcoin declines 5% from its all-time high—cycle top? With the Fed's aggressive rate reduction announcement, bitcoin investors panicked and sold heavily. The latest downturn may be brief due to Bitcoin's four-year market cycle. Crypto market cycles may have changed because to Bitcoin ETFs. After cryptocurrencies lost almost 5% of their market value, Bitcoin (BTC) traded around $97,000 on Friday. Despite pessimistic market sentiment, multiple variables imply BTC may not have crested in the current cycle. After the FOMC's aggressive 2025 rate drop prediction, Bitcoin fell from $108,300 on Wednesday. The crypto market sold down when the Fed announced just two rate cuts next year, against market forecasts of four. Bitcoin Coinbase premium fell, indicating that US investors were major sellers. Difference between Coinbase and Binance's BTC/USD pair. A drop indicates stronger US selling than elsewhere. With Bitcoin's recent drop from its all-time high, most investors wonder whether its bull run is over. Following factors show mixed signals: Bitcoin Market Cycle. Bitcoin's four-year market cycle includes accumulation, bull market, distribution, and bear market. If this market cycle continues, Bitcoin might climb beyond 2025 before hitting a price limit. Additionally, market participants' anticipation of the cycle repeating this pattern may self-fulfill. Historic Cycle Dynamics Change Bitcoin has synergy with prior cycles, however the present cycle has shifting characteristics. Bitcoin typically peaks one year after halving. After halving in 2016, Bitcoin's price peaked in August 2017 in the 2015-2018 cycle. In November 2021, one year after its 2020 halving, its price reached new highs in the 2019-2022 cycle. BTC reached a new ATH in March before halving in April, changing this pattern. Investors have two options: Either Bitcoin's price trend has changed after the halving event, or BTC has yet to rise post-halving. #BTCNextMove #MarketPullback #MarketCorrectionBuyOrHODL? $BTC $ETH $XRP
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ApiCoin: The Next Evolving Memecoin Standing Out in the Crowd Memecoins, a popular trend in the world of cryptocurrencies includes ApiCoin that the crypto community seems to be getting excited about. ApiCoin is known for its parody branding and a strong community as it fuses the entertainment aspect of crypto and the utility promising it looks to provide. ApiCoin is different with its bee images as branding which tells about the importance of a community and collaboration with merging of different types of people so as to achieve success. This stunning mascot and its hilarious memes have already made ApiCoin a thousand followers strong with its bee videos. One of the most important aspects for the success and sustainment of ApiCoin is its community. The community has shown active support through social media campaigns, meme competitions, and the continuous development of projects which helped ApiCoin to gain traction, thereby contributing to its growth. Such organic growth has led to an increase in its market popularity. There are risks with ApiCoin as there are with any memecoin so the investors are urged to do thorough research. However, having strong community backing and the fact that it would be the next big thing in crypto with above average returns makes ApiCoin an opportunity worth investing into. Is ApiCoin the next best thing in the meme coin space? Would only time tell but it sure can be said that a lot of people are eager in anticipation! #Apicoin #Memecoins #Gem #MarketPullback $BTC $DOGE $SHIB
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ENA #ATH and more! It’s gathering strength for a remarkable comeback. The highlighted zone indicates a promising recovery, and it might surpass $2 soon. If there are any Coins or Tokens you'd like me to analyze, feel free to share them in the comments. Let’s explore the crypto world together! 🚀 #ENA $ENA
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Don't Get Distracted As RSI Is Still Above A Bullish 50% For XRP After smashing critical resistance levels to new highs, XRP is stabilizing, according to technical analysis. As the RSI remains over 50%, a crypto expert warned of an upcoming XRP price fall, encouraging investors not to become sidetracked. The expert uses short- and long-term XRP price charts to prove that the cryptocurrency is in a bullish trend despite expected corrections. XRP RSI Suggests Crash The 4-hour XRP chart shows a double tap pattern in the Relative Strength Index (RSI), a technical indication of cryptocurrency momentum. Double tap patterns usually indicate more price decline before price stability. Crypto expert on X (previously Twitter) says the RSI's repeated dips into oversold zone suggest XRP might plummet to new lows. XRP bounced off $2.17 support, according to the expert. Consolidating after reaching this support level, the XRP price may rise following a dip. Despite a minor market rebound, the expert predicts another price fall in this support zone as the RSI approaches oversold levels. The RSI reached oversold territory in December after falling below 30%. XRP's RSI is over 50%, suggesting a price drop between $2.17 and $2.18. Dark Defender predicts a price drop once XRP enters oversold zone within a day. After the market consolidates after its anticipated price drop to new lows, the expert expects the XRP to continue its climb. expects XRP's next price objective following this pullback to be over $3, up roughly 40% from $2.17. Strong bullish setup on XRP 3-Month Chart Following his forecasts that XRP might fall as it hits oversold circumstances, Dark Defender provided a 3-month chart analysis with a more optimistic perspective. In the chart, XRP broke past a multi-year barrier level for the first time in over five years, signifying a bullish move. #BTCNextMove #MarketPullback #USJoblessClaimsFall #XRP $XRP $ETH $BTC
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美国SEC委员愿重新考虑比特币和以太坊ETF的实物赎回
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今日恐慌与贪婪指数为73,等级为贪婪
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