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The Viral Meme Cryptocurrency NEIRO Soared 250% in a Month: Predicted Future Trajectories Despite a general correction in the meme coin sector, meme cryptocurrency NEIRO has shown significant growth with a daily gain of 3.5% and an impressive 250% surge over the past month. Analysts predict this rally is not yet over, with some suggesting a 40% increase soon. Factors contributing to this increase include the overall revival of the cryptocurrency market and the acquisition of a substantial amount of NEIRO tokens by Wintermute. Notably, NEIRO was listed on major crypto platforms like Binance and OKX, and was followed by a significant price increase. Other popular exchanges, including Bybit, Kraken, and KuCoin, have also enabled trading services with NEIRO in the recent months.

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Prominent Shiba Inu (SHIB) Figure Issues Important Alert on Scam: More Information LUCIE, the marketing strategist for Shibarium, recently shared a personal account of falling victim to a scam, warning others to be vigilant. Scams are prevalent in the crypto space, with fraudsters using sophisticated techniques to deceive inexperienced investors and embezzle their funds. The Shiba Inu community, which has grown significantly with millions of investors, developers, and proponents, has become a frequent target. Fraudsters create fake profiles and promise giveaways, exclusive content, or investment opportunities to lure victims. Furthermore, Binance, the world’s largest digital asset exchange, has also warned its users about phishing scammers pretending to be Binance staff on various platforms. Users are advised to stay alert and double-check information before clicking on unknown links.

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Bitcoin Value Dips as Long-Term Holders Start Cashing In CryptoQuant analysts suggest monitoring the actions of long-term Bitcoin (BTC) holders due to their influence on the cryptocurrency's value. A new report indicates that Binary Coin Days Destroyed (CDD) is showing signs these long-term holders are starting to cash in during Bitcoin's recent boost. The Binary CDD metric, which reveals long-term holder spending habits, has seen a rise, suggesting that previously dormant coins are being moved. A continued spike in this metric could indicate long-term holders are offloading their assets to short-term traders. After a recent surge, Bitcoin's value is now in a cooling-off phase, with signs of exhaustion after reaching a resistance level of $106,000. At present, it trades at around $102,390, almost a 3% drop from the $105,300 range. Despite this, analysts predict an upcoming sustained bull run due to aligned Bitcoin metrics.

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Analyzing Bitcoin's Price: Will BTC Fall Below the $100K Mark Following its Recent Decline? Despite recently nearing its all-time high of $109K, Bitcoin's rally seems to have paused, hinting at a potential consolidation or corrective phase. After breaking the $100K resistance, Bitcoin's bullish momentum has entered a brief consolidation at the $109K resistance, indicating a possible retracement or sideways consolidation. Signs of bearish divergence between the price and the RSI on the 4-hour timeframe also suggest a likely short-term correction or consolidation around the $100K mark. However, long-term holders appear to be accumulating Bitcoin, signaling confidence in higher prices and anticipation of new all-time highs. Consequently, the current consolidation phase is primarily driven by short-term holders and retail traders. Bitcoin is expected to resume its bullish trend and potentially reach new all-time highs after this pause.

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