百币精
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Family, the animal coin circle has been extremely lively recently, truly a fierce melee!
Shiba Inu coin has been severely impacted, as whales have significantly sold off, resulting in an 'epic pit'. Wallets holding 1 million to 10 million dollars worth of Shiba Inu coin saw a 31% reduction in holdings within a day, with a net outflow plummeting by 70%. The price of Shiba Inu coin dropped to 0.00014 dollars, and the key support level was completely lost, entering a technically bearish zone. With this 'whale exodus', new capital is hesitant to enter the market, and the technical structure is extremely fragile, making recovery very difficult. Now, we fear that retail investors will follow suit and sell off. If that happens, Shiba Inu coin will completely crash, falling into a vicious cycle!
Looking at Dogecoin, it has now reached the support level, but there is hope on the horizon. With continuous system optimizations and the potential approval of an ETF, a significant positive factor, Dogecoin is poised for a rebound. Forecasts predict that by April 17, the price of Dogecoin could increase by 232.03%, soaring to 0.558959 dollars, which is an incredible potential!
Then there’s Frog Finance coin, which has dropped by 3.14% in the last 24 hours. Although its fundamentals are relatively stable and it has the potential for a rebound, it is indeed struggling to compete with Dogecoin. In terms of core indicators like market capitalization and community activity, Frog coin and Dogecoin are not even in the same league. Dogecoin, with Elon Musk’s continued attention and the expanding market application scenarios, firmly sits on the throne of mini coins. If Frog coin wants to rise to prominence, it must shed the label of pure speculation and genuinely build a practical ecosystem; otherwise, it will be difficult to stand out in this melee.
Shiba Inu coin has been severely impacted, as whales have significantly sold off, resulting in an 'epic pit'. Wallets holding 1 million to 10 million dollars worth of Shiba Inu coin saw a 31% reduction in holdings within a day, with a net outflow plummeting by 70%. The price of Shiba Inu coin dropped to 0.00014 dollars, and the key support level was completely lost, entering a technically bearish zone. With this 'whale exodus', new capital is hesitant to enter the market, and the technical structure is extremely fragile, making recovery very difficult. Now, we fear that retail investors will follow suit and sell off. If that happens, Shiba Inu coin will completely crash, falling into a vicious cycle!
Looking at Dogecoin, it has now reached the support level, but there is hope on the horizon. With continuous system optimizations and the potential approval of an ETF, a significant positive factor, Dogecoin is poised for a rebound. Forecasts predict that by April 17, the price of Dogecoin could increase by 232.03%, soaring to 0.558959 dollars, which is an incredible potential!
Then there’s Frog Finance coin, which has dropped by 3.14% in the last 24 hours. Although its fundamentals are relatively stable and it has the potential for a rebound, it is indeed struggling to compete with Dogecoin. In terms of core indicators like market capitalization and community activity, Frog coin and Dogecoin are not even in the same league. Dogecoin, with Elon Musk’s continued attention and the expanding market application scenarios, firmly sits on the throne of mini coins. If Frog coin wants to rise to prominence, it must shed the label of pure speculation and genuinely build a practical ecosystem; otherwise, it will be difficult to stand out in this melee.
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