Shiba Inu Whales Trigger Significant Price Action
Shiba Inu (SHIB) is back in the news because whale investors recently bought 10.4 trillion tokens, which are worth about $110 million. This huge amount of tokens bought in one day, the most in five months, has sent the token up 17%, bringing it up from a worrying 16-month low of about $0.00001005. Prices on popular exchanges like Binance and Coinbase have settled around $0.00001162.
If SHIB breaks through the resistance level of $0.00001175, market analysts say that a technical descending triangle formation could mean that prices will go up even more. Industry experts like Changelly expect SHIB to rise by almost 29% to about $0.0000146 by mid-July, which is a big deal. Long-term predictions even suggest that the price could reach $0.0007 by 2039. This would be a big gain if major token burn strategies work to lower supply.
Bearish Pressure on Cardano Even though things look good
Cardano (ADA), on the other hand, is in a bearish trend and has fallen below a key support level at $0.576. It was recently trading at about $0.5679. The token is stuck in a downward price channel, which makes traders worry that the price will keep going down. Analysts stress that it is important to regain momentum above $0.62 in order to break out of its bearish trend. Critical support levels are still between $0.50 and $0.55.
Even though things are tough right now, crypto influencer Altcoin Daily recently talked about some good things happening with Cardano’s Plomin hard fork, focusing on possible bullish patterns. If ADA breaks through the resistance level around $0.65, it could be ready for a big rally toward the $1 mark. If demand from ETFs rises, it could even reach $2.05 or more by the end of the year.
Exchanges Fueling SHIB & ADA Adoption
Centralized trading platforms like Revolut and Changelly are making it easier for regular investors to trade by making it easy to buy and sell Shiba Inu and Cardano. Better trading infrastructure has led to more people getting involved, which has made market movements bigger and made it easier to react quickly to big whale activities and changes to protocols.
Key Takeaways
Shiba Inu witnessed significant whale accumulation, boosting short-term price prospects.
Cardano remains bearish, yet technical indicators suggest a potential bullish reversal.
Exchange adoption is facilitating retail investor access to SHIB and ADA.
Neo Pepe Coin Is Quietly Gaining Traction
Amid major market dynamics of Shiba Inu and Cardano, another meme coin has quietly but decisively entered crypto conversations. Neo Pepe Coin ($NEOP) is swiftly gaining attention, now approaching Stage 4 of its presale. Currently priced around $0.07, anticipation is high for the imminent price increase to $0.08.
Why Neo Pepe Could Become Leading Meme Coin
Neo Pepe has raised more than $2 million during its early presale stages, making it one of the best pepe coins. Neo Pepe Coin wants to set itself apart from other meme coins by having tokenomics that focus on utility, community governance systems, and a story that draws people in. People who love crypto say that its structure makes it a strong contender for the top pepe coin.
Neo Pepe Coin is part of a larger meme coin wave. People have praised its community-driven roadmap, which aims for big partnerships and listings on exchanges, including major decentralized platforms. Many people say that this presale is one of the best crypto presales right now, and it draws in both experienced and new crypto investors.
Since the token is still gaining momentum and is about to go up in price in Stage 4, you might want to get some neo pepe before the next stage starts so that you can be in a good position in the growing community.
Keeping an eye on Neo Pepe’s presale progress
With Stage 4 coming up quickly, now is a good time for people who want to hold. Market analysts say that presale stages often have good prices before tokens are sold to a wider audience. The story behind Neo Pepe Coin, how it is run, and what people think will happen in the market continue to draw interest, which shows that it has a lot of potential.
As the world of cryptocurrencies changes and meme coins like SHIB have big price jumps, Neo Pepe Coin could soon follow in their footsteps and become a well-known project among meme coin fans.
Neo Pepe is already trending as the next big thing in meme coins!
Bull Run Angel, a crypto analyst, has written a new in-depth analysis of Neo Pepe’s presale dynamics. In it, they carefully look at the project’s strengths and unique features that make it appealing. They draw attention to Neo Pepe’s strategically planned presale tiers and unique liquidity protocol from a smart point of view, showing exactly why experienced crypto investors are becoming more interested in its carefully planned structure.
Join Memetrix with Neo Pepe Coin
Are you ready to stop following the crowd in crypto and really get into Memetrix? Neo Pepe Coin isn’t just another meme token; it’s a revolutionary call to those who want to take back control of their money and support decentralized innovation. Take the red pill, protect your $NEOP tokens before Stage 4 starts, and join the community that’s changing the rules. It’s time to wake up to the truth about decentralized wealth: choose Neo Pepe, choose freedom.
Get Started with $NEOP
Website: Neo Pepe Coin Official
Whitepaper: Neo Pepe Coin Whitepaper
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