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$SHIB $SHIB 🚀 SHIB’s 55% Rebound: What’s Going On? Shiba Inu (SHIB) recently staged an explosive recovery, surging approximately 55% from its crash lows. After plunging to around $0.000007738, SHIB rebounded to the $0.000011 zone. This sharp bounce has reignited speculations: Is $1 SHIB possible? Or will a newer project like Mutuum Finance (MUTM) outpace it? Let’s dig into both narratives — the mythology and the realistic outlooks. --- 🔍 Can SHIB Actually Hit $1? The Hurdles Are Huge A few big challenges stand in the way: 1. Massive Supply SHIB has an enormous supply (hundreds of trillions of tokens). To hit $1, the total market capitalization would need to reach astronomical levels. Even a partial move toward that would demand near-impossible demand. 2. Burn Rate vs. Emissions Some supporters argue that aggressive burning of SHIB—removing tokens permanently—could help push price higher. But current burn activity is tiny relative to the total supply, so its effect is limited. 3. Market Psychology & Speculation A $1 SHIB calls more to the imagination than fundamentals. It’s the kind of narrative that sells headlines, but it’s extremely unlikely under realistic market conditions. What’s More Realistic? Some chart analysts observe a descending wedge or a consolidation zone that SHIB is trying to break out of. Others warn of a “bearish crossroads,” citing macro pressure, liquidity issues, and fragile momentum. A more plausible medium-term target might be in the $0.000015–$0.000020 range if a sustained rally takes hold — but even that would require strong momentum, large inflows, and community support. Bottom line: $1 SHIB is more fantasy than forecast. The rebound is real, but its path upward is steep and full of resistance. --- 🌱 Enter Mutuum Finance (MUTM) — A More Modest Bet? Mutuum Finance (MUTM) is a newer DeFi token currently still in presale phases, and it’s drawing interest from speculative investors. Current Status & Structure In Phase 5 presale, MUTM is around $0.03 per token.
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$BTC Bitcoin Drops Below $106K as Bullish Bets Crack Under Pressure Bitcoin slipped beneath $106,000 as forced liquidations swept the crypto markets, with around $1.2 billion in crypto positions wiped out over 24 hours. Roughly 79% of these liquidations were longs, signaling overleveraged bullish positions collapsing. Bitcoin bore about $344 million of the losses; Ether lost ~$201 million; Solana ~ $97 million. Major venues seeing heavy liquidation activity included Hyperliquid, Bybit, Binance, and OKX. The broader macro backdrop—U.S.–China tensions, monetary tightening, and risk-off sentiment—intensified the pressure. --- Leverage Overhang and Liquidation Cascades The recent tumble in Bitcoin reflects how leveraged longs had accumulated aggressively, leaving the market vulnerable to a sharp reversal. Once price breached key support levels, margin calls and forced liquidations rippled through derivatives markets. Because so many positions were aligned on the same side (i.e. bullish), the forced unwinding triggered a liquidation loop—each cascade of closures pushing the price lower, inducing further liquidations. Hyperliquid stood out, with around $391 million in liquidations tied to its platform, making it one of the largest contributors to the sell-off. Other platforms such as Bybit, Binance, and OKX also saw large hits. One particularly large liquidation was a $20.4 million ETH-USD long removed from Hyperliquid. Macro Risks Amplify the Slide While leverage dynamics set the stage, external pressures provided the spark. Renewed friction between the U.S. and China has eroded risk appetite globally, and tightening liquidity conditions in traditional markets have pushed investors toward safety. In such an environment, speculative assets like crypto become more susceptible to violent corrections. With many bettors using borrowed capital, the downside cascaded quickly. What Comes Next — Key Levels & Scenarios Support zones to watch: Market participants will closely monitor ~$104,000 and the $100,000 level for stabilization.
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Bitcoin's Market Faces Pressure Amid Rising Losses
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Crypto News Today: Bitcoin Rebounds Above $104K as Ether and Altcoins Recover; Futures Show Market Caution
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Crypto News: Bitcoin Rebounds Above $103K as Altcoins Attempt Recovery Amid Strong Dollar
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Altcoins News: Internet Computer (ICP) Price Falls 25% After $6.50 Rally as Profit-Taking and Volatility Hit Altcoins
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Ripple Raises $500M Led by Fortress and Citadel Securities to Advance Blockchain Payments
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