PriceTrendAnalisys

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The White House is supporting the congressional effort to “rescind the so-called Broker DeFi Rule

STATEMENT OF ADMINISTRATION POLICY

S.J. Res. 3 - Joint Resolution Providing for Congressional Disapproval of the Rule Submitted by the Internal Revenue Service Relating to "Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales" (Sen. Cruz, R-TX, and 13 cosponsors)
The Administration strongly supports passage of S.J. Res. 3, a joint resolution providing for congressional disapproval of the rule submitted by the Internal Revenue Service (IRS) on December 30, 2024, relating to "Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales." This rule expands the definition of the term "broker" to include software that allows users to access decentralized finance (DeFi) protocols, which inappropriately requires certain DeFi participants to report gross proceeds from cryptocurrency sales and other digital asset transactions, including data about the taxpayers involved

#PriceTrendAnalisys

#PriceTrendAnalisys

As of March 5, 2025, MyShell (SHELL) is trading at approximately $0.36. Short-term forecasts suggest a potential increase, with projections indicating a 27.64% rise to $0.66 by March 10, 2025. Long-term predictions are more optimistic; by 2030, SHELL's value could reach $0.60, reflecting a 5% growth. Further projections estimate that by 2025, SHELL may trade between $0.65 and $1.40, with an average of $1.25 if bullish momentum continues. These forecasts highlight SHELL's potential for growth, though investors should remain cautious of market volatility. Thank for reading, DYOR! $SHELL

$SHIB Inu ($SHIB ) Reaching $1: An Unlikely Scenario

As of March 3, 2025, #SHIB #trades at approximately $0.000015. To reach $1, its value would need to increase by over 6.6 million times.

Given its massive circulating supply (589 trillion tokens) and market capitalization ($8.93 billion), a $1 valuation would require a market capitalization of $589 trillion, exceeding 500 times the current global GDP.

While token burns could reduce supply and increase price, the scale required to approach a $1 valuation is unrealistic. Investors should approach such projections with caution and base decisions on realistic market analyses.
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$SHIB #PriceTrendAnalisys

what is price market trend analysis?
#PriceTrendAnalisys
Price market trend analysis is the process of examining historical price data to identify patterns and trends that can inform future price movements in a market. This analysis helps traders, investors, and businesses make informed decisions by observing price fluctuations, support and resistance levels, and market sentiment. By studying past price behavior, analysts can forecast potential upward or downward trends, providing valuable insights into market direction. Key tools used in trend analysis include charts, technical indicators, and market volume, enabling stakeholders to predict trends and adjust their strategies accordingly to optimize profit or mitigate risks.