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Ethereum Shows Strength Amid a Volatile Market
Ethereum has been experiencing a noticeable uptrend, with recent performance showing positive momentum. Despite facing some resistance, it remains resilient, indicating robust interest from buyers. In addition to its inherent qualities, such as smart contract capabilities and a broad network of applications and developers, these market movements suggest a confident outlook on the part of investors. Ethereum's adaptability and ongoing upgrades could continue to attract attention, potentially supporting further positive trends in its valuation.#Binance #ethereum #defi #gojeta <t- 14/>$ETH
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BitcoinPulse
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Bullish
Millions of "Pepe" Destroyed Daily: Key Implications
1. Supply Reduction: The daily destruction of millions of "pepe" significantly reduces the total supply of $PEPE coins. This reduction in supply can increase demand and potentially raise the value of $PEPE coins due to their increased scarcity.
2. Deflation Mechanism: The high rate of "pepe" destruction indicates that the $PEPE coin’s deflation mechanism is functioning effectively. This deflation helps to control inflation, enhance currency stability, and attract more investors.
3. Market Sentiment: A positive correlation between the destruction rate of "pepe" and market sentiment could lead to greater investor optimism about the future of $PEPE coins, thus driving up their price.
4. Project Sustainability: Ensuring the sustainability of the destruction process is crucial for the long-term success of the $PEPE project. Excessive destruction could lead to liquidity issues or other problems, potentially harming the project's future.
PEPE coins feature a unique destruction mechanism to maintain market scarcity. #Write2Earrn
#pepecoin🐸 #pepe #PEPEATH
1. Supply Reduction: The daily destruction of millions of "pepe" significantly reduces the total supply of $PEPE coins. This reduction in supply can increase demand and potentially raise the value of $PEPE coins due to their increased scarcity.
2. Deflation Mechanism: The high rate of "pepe" destruction indicates that the $PEPE coin’s deflation mechanism is functioning effectively. This deflation helps to control inflation, enhance currency stability, and attract more investors.
3. Market Sentiment: A positive correlation between the destruction rate of "pepe" and market sentiment could lead to greater investor optimism about the future of $PEPE coins, thus driving up their price.
4. Project Sustainability: Ensuring the sustainability of the destruction process is crucial for the long-term success of the $PEPE project. Excessive destruction could lead to liquidity issues or other problems, potentially harming the project's future.
PEPE coins feature a unique destruction mechanism to maintain market scarcity. #Write2Earrn
#pepecoin🐸 #pepe #PEPEATH
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Cristiano Ronaldo Announces 4th NFT Collection Launch on Binance
Superstar footballer Cristiano Ronaldo just dropped a bombshell on social media: his fourth NFT collection is coming soon! This new collection will take fans through important moments of Ronaldo’s illustrious career, tapping into the growing demand for unique digital assets. With the NFT market booming, will this collection be another smash hit?
Binance quickly joined in, sharing, “Curious about Cristiano Ronaldo’s latest NFT collection?” This collaboration between the football star and the crypto giant has captured the digital community’s attention.
CR7‘s History with NFTs
Ronaldo’s NFT journey began in November 2022 with his debut collection on Binance, marking the start of a multi-year partnership. This first collection highlighted iconic moments from his career, with the rarest items selling for nearly $10,000.
However, the partnership has faced challenges. In December 2023, Ronaldo was hit with a $1 billion class-action lawsuit, accused of promoting NFTs that led to costly customer investments. Binance also settled a $4 billion dispute with US regulators, resulting in CEO Changpeng Zhao stepping down. Despite these issues, neither Ronaldo nor Binance commented on the lawsuit.
Anticipation is building!
Hints of new projects from Ronaldo have kept fans on edge, eagerly awaiting the launch of the new collection. Scheduled for release on May 29, this latest NFT collection promises to highlight more significant moments from Ronaldo’s career, continuing his innovative partnership with Binance.
Sport Meets Art?
At present, Ronaldo’s brand new NFT collection creates another monumental intersection of sports and digital art, one that also must navigate a string of recent legal and regulatory challenges.
#PEPE #altcoins #BinanceLaunchpool #HotTrends #CR7
Binance quickly joined in, sharing, “Curious about Cristiano Ronaldo’s latest NFT collection?” This collaboration between the football star and the crypto giant has captured the digital community’s attention.
CR7‘s History with NFTs
Ronaldo’s NFT journey began in November 2022 with his debut collection on Binance, marking the start of a multi-year partnership. This first collection highlighted iconic moments from his career, with the rarest items selling for nearly $10,000.
However, the partnership has faced challenges. In December 2023, Ronaldo was hit with a $1 billion class-action lawsuit, accused of promoting NFTs that led to costly customer investments. Binance also settled a $4 billion dispute with US regulators, resulting in CEO Changpeng Zhao stepping down. Despite these issues, neither Ronaldo nor Binance commented on the lawsuit.
Anticipation is building!
Hints of new projects from Ronaldo have kept fans on edge, eagerly awaiting the launch of the new collection. Scheduled for release on May 29, this latest NFT collection promises to highlight more significant moments from Ronaldo’s career, continuing his innovative partnership with Binance.
Sport Meets Art?
At present, Ronaldo’s brand new NFT collection creates another monumental intersection of sports and digital art, one that also must navigate a string of recent legal and regulatory challenges.
#PEPE #altcoins #BinanceLaunchpool #HotTrends #CR7
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Crypto Traders Arena
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Bullish
2024 💸✍️
Buy the dip year!
If we will see another dump focus on altcoins.
Which are your favourite coins? Let me know down in the comments!
$INJ $TIA $TAO
#altcoins #buythedip #BinanceLaunchpool
Buy the dip year!
If we will see another dump focus on altcoins.
Which are your favourite coins? Let me know down in the comments!
$INJ $TIA $TAO
#altcoins #buythedip #BinanceLaunchpool
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this is unreal, particularly everyone would be almost millionaires they don't have enough funds
🔥 5 Cryptocurrencies Set to Explode in 2024: Contenders Aiming for $1 🔥
Which cryptocurrency will hit $1 in 2024? In this post, we’ll look at five promising options, from new entrants like Pikamoon to established names like Dogecoin. Let's dive in!
LUNAR Token
- Project Type: Native token of the MoonPrime Games ecosystem.
- Highlights: Strong integration within the MoonPrime Games, offering unique utility across all platforms. LUNAR has a total supply of 1,000,000,000, 100% locked liquidity, and is poised for growth in the booming Web3 gaming market.
- Potential: With the rapid expansion of blockchain gaming, early investors in LUNAR have the potential to see substantial returns.
$PIKA: Pikamoon
- Project Type: Native token of a Play-to-Earn (P2E) game.
- Highlights: Beta version attracted over 10,000 players. Transparent founding team with a strong development studio.
- Potential: Market cap is 30-40 times lower than some competitors, enhancing its growth potential.
Book of Meme ($BOME)
- Project Type: Meme coin.
- Highlights: Surged 58,000% after launch on Solana's Raydium DEX. Saw another 450% rise after being listed on Binance.
- Status: Currently in a consolidation phase.
Other Top Contenders:
1. Dogecoin (DOGE)
- Project Type: Meme coin.
- Highlights: Strong community, widely accepted, influential backers like Elon Musk.
- Potential: Has seen significant price surges before; could rise again with social media events.
2. Shiba Inu (SHIB)
- Project Type: Meme coin.
- Highlights: Large community and diverse projects.
- Potential: Could hit $1 target with more use cases and projects supporting it.
3. VeChain (VET)
- Project Type: Blockchain-based supply chain management.
- Highlights: Real-world applications and major partners.
- Potential: Could see significant price increases if it continues to expand its current partnerships.
These cryptocurrencies have significant potential to reach the $1 milestone in 2024. Stay tuned as we uncover more contenders!
#Binance #LUNARtoken #MoonPrime
Which cryptocurrency will hit $1 in 2024? In this post, we’ll look at five promising options, from new entrants like Pikamoon to established names like Dogecoin. Let's dive in!
LUNAR Token
- Project Type: Native token of the MoonPrime Games ecosystem.
- Highlights: Strong integration within the MoonPrime Games, offering unique utility across all platforms. LUNAR has a total supply of 1,000,000,000, 100% locked liquidity, and is poised for growth in the booming Web3 gaming market.
- Potential: With the rapid expansion of blockchain gaming, early investors in LUNAR have the potential to see substantial returns.
$PIKA: Pikamoon
- Project Type: Native token of a Play-to-Earn (P2E) game.
- Highlights: Beta version attracted over 10,000 players. Transparent founding team with a strong development studio.
- Potential: Market cap is 30-40 times lower than some competitors, enhancing its growth potential.
Book of Meme ($BOME)
- Project Type: Meme coin.
- Highlights: Surged 58,000% after launch on Solana's Raydium DEX. Saw another 450% rise after being listed on Binance.
- Status: Currently in a consolidation phase.
Other Top Contenders:
1. Dogecoin (DOGE)
- Project Type: Meme coin.
- Highlights: Strong community, widely accepted, influential backers like Elon Musk.
- Potential: Has seen significant price surges before; could rise again with social media events.
2. Shiba Inu (SHIB)
- Project Type: Meme coin.
- Highlights: Large community and diverse projects.
- Potential: Could hit $1 target with more use cases and projects supporting it.
3. VeChain (VET)
- Project Type: Blockchain-based supply chain management.
- Highlights: Real-world applications and major partners.
- Potential: Could see significant price increases if it continues to expand its current partnerships.
These cryptocurrencies have significant potential to reach the $1 milestone in 2024. Stay tuned as we uncover more contenders!
#Binance #LUNARtoken #MoonPrime
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Crypto De Nostradame
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Bullish
Historic Bitcoin and Cryptocurrency Statements from US Presidential Candidate Donald Trump! Incredible Words, What's Happening?
Former President Donald #Trump surprisingly declared his support for the cryptocurrency industry and promised to make the United States a global leader in this field if re-elected.
Trump said, “The future of #Bitcoin and other cryptocurrencies will be in the USA. "I will support the right to self-custody for the country's 50 million crypto holders," he said. He also vowed to keep Senator Elizabeth Warren, a famous critic of cryptocurrencies, away from Bitcoin.
In a direct challenge to the current administration's stance on digital currencies, Trump said, "I will never authorize Central Bank Digital Currencies (CBDCs) and will put an end to President Joe Biden's fight to crush crypto."
In a move that could have significant implications for the crypto world, Trump also said that if he returns to the White House, he will consider the life sentence of Ross Ulbricht, the founder of the Silk Road market using Bitcoin, to have been executed. Ulbricht's case had become iconic in the crypto community, which saw him as the victim of harsh punishment for crimes related to the establishment of an online marketplace that used Bitcoin for transactions.
I am very positive and open-minded towards cryptocurrency companies and everything related to this new and emerging industry. Our country should be a leader in this field. There is no second place.”
He finished his statement by directly attacking President Biden, saying, “Biden wants the cryptocurrency industry to die a slow and painful death. This will never happen with me!” said.
$BTC
Former President Donald #Trump surprisingly declared his support for the cryptocurrency industry and promised to make the United States a global leader in this field if re-elected.
Trump said, “The future of #Bitcoin and other cryptocurrencies will be in the USA. "I will support the right to self-custody for the country's 50 million crypto holders," he said. He also vowed to keep Senator Elizabeth Warren, a famous critic of cryptocurrencies, away from Bitcoin.
In a direct challenge to the current administration's stance on digital currencies, Trump said, "I will never authorize Central Bank Digital Currencies (CBDCs) and will put an end to President Joe Biden's fight to crush crypto."
In a move that could have significant implications for the crypto world, Trump also said that if he returns to the White House, he will consider the life sentence of Ross Ulbricht, the founder of the Silk Road market using Bitcoin, to have been executed. Ulbricht's case had become iconic in the crypto community, which saw him as the victim of harsh punishment for crimes related to the establishment of an online marketplace that used Bitcoin for transactions.
I am very positive and open-minded towards cryptocurrency companies and everything related to this new and emerging industry. Our country should be a leader in this field. There is no second place.”
He finished his statement by directly attacking President Biden, saying, “Biden wants the cryptocurrency industry to die a slow and painful death. This will never happen with me!” said.
$BTC
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Bitcoin Spot ETF Records Consecutive Weeks of Inflows as Investor Confidence Grows
The U.S. Securities and Exchange Commission (SEC) has approved the listing of Ethereum exchange-traded funds (ETFs), generating increased interest in investment products. Meanwhile, the Bitcoin spot ETF market has seen a resurgence, with a second consecutive week of positive inflows, indicating an increase in investor confidence. On May 24, the market recorded a net inflow of approximately $252 million, with BlackRock's IBIT ETF recording an inflow of $182 million. Other ETF issuers, including Fidelity, Bitwise and ARK Investment, also saw significant inflows. Last week's total net flow was $1.06 billion. The positive trend suggests that investor confidence in Bitcoin ETFs may be at an all-time high. At the time of writing, Bitcoin is valued at $68,868, up 2.5% in the last 24 hours. $BTC #defi #Binance #ethereum #bitcoin #gojeta
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Polygon
The Relative Strength Index (RSI) also supports the bullish scenario. Currently, the indicator is at 65, still having room for growth before it shows that the altcoin's price is overbought.
If there is a breakout above $0.76, MATIC could rally to its nearest top at $0.88. On the other hand, not surpassing this range could generate a further drop to $0.70 and, if this level does not act as support, there could be a drop to the price zone support, at $0.64.<c -15/>#defi #bitcoin #gojeta
If there is a breakout above $0.76, MATIC could rally to its nearest top at $0.88. On the other hand, not surpassing this range could generate a further drop to $0.70 and, if this level does not act as support, there could be a drop to the price zone support, at $0.64.<c -15/>#defi #bitcoin #gojeta
Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan shortly before the Chinese government banned cryptocurrency companies.
#EarnFreeCrypto2024 #Binance #BinanceSquare
#EarnFreeCrypto2024 #Binance #BinanceSquare
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TopCryptoNews
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🚀 Shibarium Nears Major Record: What’s Next for SHIB Price?
● Shibarium’s daily transaction count surged 209%, from 6,000 to 18,560 within a week.
● Shibarium aims to break the record of 420 million total transactions, currently at 417 million.
● SHIB price fluctuates in a symmetrical triangle pattern, indicating equilibrium in market demand and supply.
Shibarium, Shiba Inu’s layer-2 solution, is nearing a significant milestone as daily transactions surged by 209%. According to Shibariumscan, the daily transaction count jumped from 6,000 on May 14 to 18,560 on May 20. This spike in activity follows the implementation of the Shibarium hard fork on the mainnet, marking a pivotal moment for the Ethereum L2 protocol.
With this surge, Shibarium aims to break the record of 420 million total transactions. Currently, the total transaction count stands at 417,525,512. Although it is uncertain when this record will be achieved, the recent growth indicates Shibarium is on the right track.
Meanwhile, Shiba Inu (SHIB) has been fluctuating within a symmetrical triangle pattern. This pattern suggests an equilibrium in market demand and supply at current prices. Buyers are currently attempting to push the price beyond the descending resistance line. At the time of writing, SHIB is priced at $0.000025, marking a slight decline of over 1%.
Bullish traders are targeting a move above $0.000030. A successful breakout above this downtrend line could weaken bearish forces and potentially drive the price to $0.000035, where significant resistance is anticipated.
Looking ahead, the future of Shiba Inu in the crypto industry appears promising. As Shibarium continues to grow and break records, it strengthens Shiba Inu’s position in the market. With ongoing developments and increased adoption, Shiba Inu is well-positioned for sustained growth and innovation.
$SHIB #SHIB #Shibainu
● Shibarium’s daily transaction count surged 209%, from 6,000 to 18,560 within a week.
● Shibarium aims to break the record of 420 million total transactions, currently at 417 million.
● SHIB price fluctuates in a symmetrical triangle pattern, indicating equilibrium in market demand and supply.
Shibarium, Shiba Inu’s layer-2 solution, is nearing a significant milestone as daily transactions surged by 209%. According to Shibariumscan, the daily transaction count jumped from 6,000 on May 14 to 18,560 on May 20. This spike in activity follows the implementation of the Shibarium hard fork on the mainnet, marking a pivotal moment for the Ethereum L2 protocol.
With this surge, Shibarium aims to break the record of 420 million total transactions. Currently, the total transaction count stands at 417,525,512. Although it is uncertain when this record will be achieved, the recent growth indicates Shibarium is on the right track.
Meanwhile, Shiba Inu (SHIB) has been fluctuating within a symmetrical triangle pattern. This pattern suggests an equilibrium in market demand and supply at current prices. Buyers are currently attempting to push the price beyond the descending resistance line. At the time of writing, SHIB is priced at $0.000025, marking a slight decline of over 1%.
Bullish traders are targeting a move above $0.000030. A successful breakout above this downtrend line could weaken bearish forces and potentially drive the price to $0.000035, where significant resistance is anticipated.
Looking ahead, the future of Shiba Inu in the crypto industry appears promising. As Shibarium continues to grow and break records, it strengthens Shiba Inu’s position in the market. With ongoing developments and increased adoption, Shiba Inu is well-positioned for sustained growth and innovation.
$SHIB #SHIB #Shibainu
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💲💵Next Crypto to Hit $1 in 2024: Top 5 Contenders💲💵
Which cryptocurrency will reach the $1 mark in 2024? In this article, we delve into five promising options, including new entries like Pikamoon and well-known names such as Dogecoin, along with some surprising candidates. Let’s get started!
$PIKA: The native token of the Pikamoon Play-to-Earn (P2E) game is gaining traction. With its beta version already attracting over 10,000 gaming enthusiasts, the project is off to a strong start. The fully transparent founding team has established an in-house development studio, reminiscent of Axie Infinity’s Sky Mavis. Given that PIKA’s market cap is currently 30-40 times lower than some of its competitors, it has significant growth potential during this bull run.
Book of Meme ($BOME ): This meme coin has made headlines in the current crypto bull market, skyrocketing by 58,000% just 48 hours after its launch on Solana's Raydium DEX. Its subsequent listing on Binance triggered another 450% surge. Currently, $BOME is in a consolidation phase, a typical occurrence following such rapid growth.
These cryptocurrencies, along with others we will discuss, showcase significant potential for reaching the $1 milestone in 2024. Stay tuned as we explore more contenders!
Which cryptocurrency will reach the $1 mark in 2024? In this article, we delve into five promising options, including new entries like Pikamoon and well-known names such as Dogecoin, along with some surprising candidates. Let’s get started!
$PIKA: The native token of the Pikamoon Play-to-Earn (P2E) game is gaining traction. With its beta version already attracting over 10,000 gaming enthusiasts, the project is off to a strong start. The fully transparent founding team has established an in-house development studio, reminiscent of Axie Infinity’s Sky Mavis. Given that PIKA’s market cap is currently 30-40 times lower than some of its competitors, it has significant growth potential during this bull run.
Book of Meme ($BOME ): This meme coin has made headlines in the current crypto bull market, skyrocketing by 58,000% just 48 hours after its launch on Solana's Raydium DEX. Its subsequent listing on Binance triggered another 450% surge. Currently, $BOME is in a consolidation phase, a typical occurrence following such rapid growth.
These cryptocurrencies, along with others we will discuss, showcase significant potential for reaching the $1 milestone in 2024. Stay tuned as we explore more contenders!
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Bitcoin Gurukul
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Turn $1000 into $100K in this bull run 👇
Top Cryptocurrencies to buy for this Bull Run
Our Gem 💎 list And our Buying/Target price.
1. #STRK
Buying $1.95 (Target $40-$60)
2. #LINA
Buying $0.00994 (Target $0.10 - $0.25)
3. #WOO
Buying $0.476 ( Target $10 - $12)
4. #TON
Buying $2.65 ( Target $55 -$75)
5. #DYM
Buying $5.3 (Target $40 - $60)
6. #CETUS
Buying $0.103 (Target $10 - $15)
7. #JUP
Buying $0.55 ( Target $6 - $10)
8. #KLAY
Buying $0.235 (Target $5 - $8)
9. #MBOX
Buying $0.4 ( Target $12 - $20)
10. #SAVM
Buying $4 ( Target $50 - $75)
11. #DZHV
Buying $0.011 (Target $1)
12. #MANTA
Buying $2.05 (Target $70 - $80)
13. #ENS
Buying $25.4 (Target $300 - $400)
14. #TWT
Buying $1.64 (Target $20 - $30)
15. #NIBI
Buying $0.5 (Target $10 - $12)
16. #ONDO
Buying $0.47 (Target $7 - $10)
17. #ARB
Buying $1.10 (Target $35 - $50)
18. #SUI
Buying $1.55 (Target $25 -$30)
19. #ETHFI
Buying - Free ( Target $30 - $50)
20. #EGLD
Buying - $56 (Target $300)
Keep an eye on every dip and try to buy in these buy ranges. You can also accumulate at current/today's price.
You can save this post or share this because I keep updating this post on regular basis.
Currently I have 20 gems, will keep adding here in this post only. So, copy link of this post and check regularly.
Be active here and follow @Bitcoin Gurukul if you haven't.
I want all my followers to be a millionaire in this Bull Run.
Top Cryptocurrencies to buy for this Bull Run
Our Gem 💎 list And our Buying/Target price.
1. #STRK
Buying $1.95 (Target $40-$60)
2. #LINA
Buying $0.00994 (Target $0.10 - $0.25)
3. #WOO
Buying $0.476 ( Target $10 - $12)
4. #TON
Buying $2.65 ( Target $55 -$75)
5. #DYM
Buying $5.3 (Target $40 - $60)
6. #CETUS
Buying $0.103 (Target $10 - $15)
7. #JUP
Buying $0.55 ( Target $6 - $10)
8. #KLAY
Buying $0.235 (Target $5 - $8)
9. #MBOX
Buying $0.4 ( Target $12 - $20)
10. #SAVM
Buying $4 ( Target $50 - $75)
11. #DZHV
Buying $0.011 (Target $1)
12. #MANTA
Buying $2.05 (Target $70 - $80)
13. #ENS
Buying $25.4 (Target $300 - $400)
14. #TWT
Buying $1.64 (Target $20 - $30)
15. #NIBI
Buying $0.5 (Target $10 - $12)
16. #ONDO
Buying $0.47 (Target $7 - $10)
17. #ARB
Buying $1.10 (Target $35 - $50)
18. #SUI
Buying $1.55 (Target $25 -$30)
19. #ETHFI
Buying - Free ( Target $30 - $50)
20. #EGLD
Buying - $56 (Target $300)
Keep an eye on every dip and try to buy in these buy ranges. You can also accumulate at current/today's price.
You can save this post or share this because I keep updating this post on regular basis.
Currently I have 20 gems, will keep adding here in this post only. So, copy link of this post and check regularly.
Be active here and follow @Bitcoin Gurukul if you haven't.
I want all my followers to be a millionaire in this Bull Run.
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ZyCrypto
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Shiba Inu Burn Rate Skyrockets 550% As Founder Teases Massive SHIB ETF Potential
Shiba Inu, the self-proclaimed “Dogecoin Killer,” has witnessed a staggering 550% surge in its burn rate, with 12 million SHIB tokens incinerated in the past 24 hours. This surge comes from a teasing post on X from the cryptocurrency’s enigmatic founder, Shytoshi Kusama, hinting at the possibility of a Shiba Inu ETF.
The burn rate spike, as reported by Shibburn, is a significant development for Shiba Inu. This metric represents the rate at which tokens are permanently removed from circulation, effectively reducing the total supply and potentially impacting the token’s value.
The 12.3 million SHIB tokens burned in the past day mark a substantial increase, indicating heightened activity within the Shiba Inu ecosystem.
Shytoshi Kusama Teases SHIB ETF Potential
Adding to the excitement, Shytoshi Kusama, the elusive founder of Shiba Inu, took to X (formerly Twitter) to congratulate “Ethereum friends” following the SEC’s approval of a spot Ethereum ETF on Friday. In a tantalizing twist, Kusama hinted at the possibility of a similar ETF for SHIB, stating, “Does this pave the way for SHIB? I’ll let you decide… I’ll stay focused on what we have coming. STAYTUNED.”
Congrats to our frens at @ethereum on the ETF APPROVAL! Does this pave the way for #SHIB? I'll let you decide… I'll stay focused on what we have coming. #STAYTUNED
— Shytoshi Kusama (@ShytoshiKusama) May 23, 2024
This cryptic message has set tongues wagging within the Shiba Inu community, fueling speculation about the token’s prospects.
Coinbase Listing Boosts Liquidity and Market Depth
In another positive development for Shiba Inu, Coinbase, the largest exchange in the United States, announced the upcoming listing of perpetual futures for SHIB on Coinbase Advanced, alongside Floki Inu and Bonk. Scheduled to go live on May 30, this listing is expected to enhance liquidity and market depth for SHIB, potentially attracting more investors and improving price discovery mechanisms.
@CoinbaseIntExch will add support for Bonk, FLOKI, and Shiba Inu perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of 1000BONK-PERP, 1000FLOKI-PERP, and 1000SHIB-PERP markets will begin on or after 9:30am UTC 30 MAY 2024. $BONK $FLOKI $SHIB pic.twitter.com/TNNAFEjtHH
— Coinbase International Exchange (@CoinbaseIntExch) May 23, 2024
Additionally, Shiba Inu’s ecosystem has seen further developments with the integration of ShibaSwap’s governance token, BONE, into Precipitate AI. This integration allows users to pay for Precipitate AI’s services using BONE, increasing flexibility and potentially boosting demand for the token.
However, amid these positive developments, the community also mourns the passing of Kabosu, the Shiba Inu dog who was not only a mascot for Shiba Inu but also represented Dogecoin and Floki.
Kabosu’s owner shared the news of her passing through a heartfelt poem on her blog. “She quietly passed away as if asleep while I caressed her,” Atsuko Sato wrote, according to BBC News.
Kabosu had been battling leukemia and liver disease, and she passed away on Friday, May 24, as reported by the outlet.
Her passing marks the end of an era and has elicited heartfelt tributes from celebrities, investors, and the cryptocurrency community at large.
Kabosu, the Doge meme dog, passed away this morning. She was 19. The doge that inspired millions to Do Only Good Everyday pic.twitter.com/XIMr4RM1gb
— DogeDesigner (@cb_doge) May 24, 2024
Price Action
Despite these positive developments, SHIB’s price has experienced a slight downturn. At the time of writing, it was trading at $0.0000248, down 1.76% over the past 24 hours. However, sentiment within the Shiba Inu community remains optimistic, with many eagerly awaiting further updates and announcements from the project’s founders and developers.
The burn rate spike, as reported by Shibburn, is a significant development for Shiba Inu. This metric represents the rate at which tokens are permanently removed from circulation, effectively reducing the total supply and potentially impacting the token’s value.
The 12.3 million SHIB tokens burned in the past day mark a substantial increase, indicating heightened activity within the Shiba Inu ecosystem.
Shytoshi Kusama Teases SHIB ETF Potential
Adding to the excitement, Shytoshi Kusama, the elusive founder of Shiba Inu, took to X (formerly Twitter) to congratulate “Ethereum friends” following the SEC’s approval of a spot Ethereum ETF on Friday. In a tantalizing twist, Kusama hinted at the possibility of a similar ETF for SHIB, stating, “Does this pave the way for SHIB? I’ll let you decide… I’ll stay focused on what we have coming. STAYTUNED.”
Congrats to our frens at @ethereum on the ETF APPROVAL! Does this pave the way for #SHIB? I'll let you decide… I'll stay focused on what we have coming. #STAYTUNED
— Shytoshi Kusama (@ShytoshiKusama) May 23, 2024
This cryptic message has set tongues wagging within the Shiba Inu community, fueling speculation about the token’s prospects.
Coinbase Listing Boosts Liquidity and Market Depth
In another positive development for Shiba Inu, Coinbase, the largest exchange in the United States, announced the upcoming listing of perpetual futures for SHIB on Coinbase Advanced, alongside Floki Inu and Bonk. Scheduled to go live on May 30, this listing is expected to enhance liquidity and market depth for SHIB, potentially attracting more investors and improving price discovery mechanisms.
@CoinbaseIntExch will add support for Bonk, FLOKI, and Shiba Inu perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of 1000BONK-PERP, 1000FLOKI-PERP, and 1000SHIB-PERP markets will begin on or after 9:30am UTC 30 MAY 2024. $BONK $FLOKI $SHIB pic.twitter.com/TNNAFEjtHH
— Coinbase International Exchange (@CoinbaseIntExch) May 23, 2024
Additionally, Shiba Inu’s ecosystem has seen further developments with the integration of ShibaSwap’s governance token, BONE, into Precipitate AI. This integration allows users to pay for Precipitate AI’s services using BONE, increasing flexibility and potentially boosting demand for the token.
However, amid these positive developments, the community also mourns the passing of Kabosu, the Shiba Inu dog who was not only a mascot for Shiba Inu but also represented Dogecoin and Floki.
Kabosu’s owner shared the news of her passing through a heartfelt poem on her blog. “She quietly passed away as if asleep while I caressed her,” Atsuko Sato wrote, according to BBC News.
Kabosu had been battling leukemia and liver disease, and she passed away on Friday, May 24, as reported by the outlet.
Her passing marks the end of an era and has elicited heartfelt tributes from celebrities, investors, and the cryptocurrency community at large.
Kabosu, the Doge meme dog, passed away this morning. She was 19. The doge that inspired millions to Do Only Good Everyday pic.twitter.com/XIMr4RM1gb
— DogeDesigner (@cb_doge) May 24, 2024
Price Action
Despite these positive developments, SHIB’s price has experienced a slight downturn. At the time of writing, it was trading at $0.0000248, down 1.76% over the past 24 hours. However, sentiment within the Shiba Inu community remains optimistic, with many eagerly awaiting further updates and announcements from the project’s founders and developers.
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Richard Teng
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Thank you to Brazil's Justice Ministry for hosting the #Binance Law Enforcement team recently! We trained 70+ ministry and police members in crypto investigations. 💪
Brazil 🇧🇷 is the 7th largest country by crypto adoption. We're honoured to be part of the journey to educate and safeguard users.
Brazil 🇧🇷 is the 7th largest country by crypto adoption. We're honoured to be part of the journey to educate and safeguard users.
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Uniswap Shows Bullish Signs
Uniswap’s recent price action suggests positive market sentiment as it approaches its upper price ranges. The coin is finding consistent support at higher levels than before, suggesting a solid foundation for traders to believe in. Short-term indicators show a slight pullback from its recent highs, potentially offering a more favorable entry point for those interested in the decentralized finance space. Both traders and Uniswap holders can view these signs as a testament to its underlying strength and growing confidence in its platform.
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🚀🚀📢We asked ChatGPT if LUNC Price To Reach $3 Soon?🚀🚀💥
We asked to analyze the recent developments surrounding Terra Classic () and its potential price movement.
#Terra Classic is currently voting on a significant proposal aimed at re-enabling interblockchain communication (IBC) with the Osmosis protocol, reinstating transfers between Terra Classic and Osmosis. This initiative follows the expiration of Client ID 07-tendermint-12 on the Columbus-5 network, which previously referenced the Osmosis validator set.
Today, Terra Classic #LUNC✅ is trading at $0.000106 with a 24-hour trading volume of $11.19 million. Its market capitalization stands at $610.85 million, holding a market dominance of 0.03%. Over the past 24 hours, LUNC's price has declined by 2.79%.
Historically, LUNC reached its peak price of $119.01 on April 5, 2022. Its lowest point occurred on May 13, 2022, when it dropped to $0.00001651. Since this all-time low, the highest price #LUNCUSD has achieved is $0.000590.
Currently, the price prediction sentiment for Terra Classic is bearish, despite the Fear & Greed Index indicating a level of 72, which falls under the Greed category.
Terra Classic's circulating supply stands at 5.79 trillion out of a maximum supply of 6.88 trillion LUNC. The annual supply inflation rate is -1.49%, indicating a decrease of 87.43 billion LUNC over the past year.
The community is now considering Proposal 12104, known as "Reactivate Osmosis IBC," on the Station wallet. Introduced by developer Fragwuerdig, a former core development team member, this proposal aims to re-enable IBC between Terra Luna Classic and Osmosis.
Recently, Terra Classic community member and validator Vegas highlighted the need to update the Osmosis IBC client to ensure the smooth operation of interchain transfers between LUNC and Osmosis. The current client, identified as 07-tendermint-12, needs to be upgraded to version 07-tendermint-250 for seamless IBC functionality.
The proposal has received overwhelming support, with over 96% of votes in favor so far.
With these developments, could LUNC's price see a significant rise, possibly reaching $3? The community remains hopeful as these strategic changes take place, potentially paving the way for Terra Classic's resurgence in the crypto market.
#EarnFreeCrypto2024 $LUNA
#Terra Classic is currently voting on a significant proposal aimed at re-enabling interblockchain communication (IBC) with the Osmosis protocol, reinstating transfers between Terra Classic and Osmosis. This initiative follows the expiration of Client ID 07-tendermint-12 on the Columbus-5 network, which previously referenced the Osmosis validator set.
Today, Terra Classic #LUNC✅ is trading at $0.000106 with a 24-hour trading volume of $11.19 million. Its market capitalization stands at $610.85 million, holding a market dominance of 0.03%. Over the past 24 hours, LUNC's price has declined by 2.79%.
Historically, LUNC reached its peak price of $119.01 on April 5, 2022. Its lowest point occurred on May 13, 2022, when it dropped to $0.00001651. Since this all-time low, the highest price #LUNCUSD has achieved is $0.000590.
Currently, the price prediction sentiment for Terra Classic is bearish, despite the Fear & Greed Index indicating a level of 72, which falls under the Greed category.
Terra Classic's circulating supply stands at 5.79 trillion out of a maximum supply of 6.88 trillion LUNC. The annual supply inflation rate is -1.49%, indicating a decrease of 87.43 billion LUNC over the past year.
The community is now considering Proposal 12104, known as "Reactivate Osmosis IBC," on the Station wallet. Introduced by developer Fragwuerdig, a former core development team member, this proposal aims to re-enable IBC between Terra Luna Classic and Osmosis.
Recently, Terra Classic community member and validator Vegas highlighted the need to update the Osmosis IBC client to ensure the smooth operation of interchain transfers between LUNC and Osmosis. The current client, identified as 07-tendermint-12, needs to be upgraded to version 07-tendermint-250 for seamless IBC functionality.
The proposal has received overwhelming support, with over 96% of votes in favor so far.
With these developments, could LUNC's price see a significant rise, possibly reaching $3? The community remains hopeful as these strategic changes take place, potentially paving the way for Terra Classic's resurgence in the crypto market.
#EarnFreeCrypto2024 $LUNA
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