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#shib #shibarmy 你準備好了嗎?

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$DOGE 🚀🚀🐂🏃‍♂️ Dogecoin Price Prediction as Large Holders Transfer DOGE to Robinhood Exchange Amid Wells Notice – Are They About to Sell? Simon Chandler Simon Chandler Last updated: May 7, 2024 09:12 EDT | 3 min read The Dogecoin price has dipped by 2.5% in the past 24 hours, falling to $0.158 as the crypto market as a whole loses 2% today. DOGE remains up by 14% in the past week, although the ever-popular meme coin has dropped 18% in a month. Today’s action also comes as a whale sends $60 million in DOGE to Robinhood, which has received a Wells notice – a warning of potential incoming legal action – from the SEC in the past 24 hours. This could potentially mean that the Dogecoin price may fall a little further in the next few days, although its medium- and long-term prospects continue to look good. Dogecoin Price Prediction as Large Holders Transfer DOGE to Robinhood Exchange Amid Wells Notice – Are They About to Sell? DOGE’s chart continues to look promising, even if it has wobbled in the past day or so. Most notably, its 30-day average (orange) remains comfortably above its 200-day (blue) and has actually begun rising again after a slight fall, suggesting potential rises. Dogecoin price chart. Source: TradingView On top of this, DOGE’s relative strength index (purple) has returned to 50 today after sinking below 40 yesterday. This suggests a potential recovery, and given that the coin’s support level (green) has risen healthily since the end of last week, a rebound could certainly happen soon. However, traders should remember that a whale has sent over $60 million in DOGE to Robinhood, seemingly as a precursor to selling. This is a large amount of DOGE, yet it’s possible that its owner has already sold it, seeing as how the Dogecoin price dropped to $0.1456 a couple of hours after the deposit. As such, the worst may actually already be over, with DOGE potentially free to recover from now on. And looking at the bigger picture, Dogecoin is due a rebound soon enough, given that it’s down by 18% in a month.
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$SHIB SHIB price prediction: SHIB, a popular meme-coin, has experienced a notable decline in its value over the past day. Currently, the SHIB price trades at $0.00002364, marking a decrease of 4.84%. This recent dip reflects a broader trend in the day’s trading chart, which shows a significant drop from earlier highs. The market capitalization of Shiba Inu has also fallen by 4.88%, settling at approximately $13.93 billion. Meanwhile, trading activity has surged, with a 68.21% increase in 24-hour trading volume, reaching $607.87 million. This fluctuation in trading volume against the market cap, which is about 4.36%, highlights the volatile nature of the meme-coin market. SHIB Price Prediction: Can Shiba Inu Recover From The Dip? Shiba Inu Coin has recently experienced varied market movements, with both upward and downward trends. Over the past seven days, the cryptocurrency’s price dipped by 1% amid today’s market downturn, indicating a phase of market equilibrium. Over the past month, SHIB has been trading between $0.00002 and $0.000029. This range reveals a horizontal pattern with shrinking volatility, marking a decline of more than 15%. SHIB Price Prediction: Will the Current Dip Signal a Future Rebound? Shiba Inu Coin Price Prediction Over the past 24 hours, most cryptocurrencies have seen a slight correction, with many tokens dipping slightly below their weekly highs. Bitcoin and Ethereum have similarly experienced modest declines, retreating from their recent peak levels. Shibarium Network Update Fails to Boost SHIB Transactions SHIB Layer 2 network, Shibarium, recently underwent a hard fork designed to enhance transaction speed and reduce fees. Despite these changes, the number of new transactions and active accounts has decreased. Even though this decline is persistent, the network upgrade was completed successfully, suggesting challenges in attracting sustained user engagement. Shibarium successfully executed a hard fork at block height 4504576. Recent data from Shibarium shows a total of approximately 416 million transactions.
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