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I insist this is possible
US Moves Over 54B SHIB
Specifically, the U.S. government transferred 54,897,092,549 (54.89 billion) SHIB tokens to the Ethereum wallet ‘0x9…Cb0’. With Shiba Inu currently trading at $0.00003058, the tokens are worth around $1.67 million.
Following the transaction, the sending wallet, which had links to the United States government, no longer own any SHIB tokens. In the meantime, the recipient wallet, with a total crypto portfolio of $33 million, has retained the assets.
US Government Sees Huge Return on Shiba Inu Holding
The U.S. government has been holding the 54.89 billion SHIB tokens since earlier this year. In August, The Crypto Basic reported that the tokens were valued at $729,581, each priced at $0.00001329. Interestingly, the value has skyrocketed by 128.89% in less than four months to $1.67 million.
This follows a surge in Shiba Inu’s price, which began last month after the U.S. election. In particular, Shiba Inu has rallied by nearly 100% since the November 5 election, soaring from around $0.000017 to $0.000033 on December 1.
Currently, Shiba Inu is trading above the $0.00003 mark, with a unit priced at $0.00003058.
#shiba⚡ #Shiba #Shibainuholder
Specifically, the U.S. government transferred 54,897,092,549 (54.89 billion) SHIB tokens to the Ethereum wallet ‘0x9…Cb0’. With Shiba Inu currently trading at $0.00003058, the tokens are worth around $1.67 million.
Following the transaction, the sending wallet, which had links to the United States government, no longer own any SHIB tokens. In the meantime, the recipient wallet, with a total crypto portfolio of $33 million, has retained the assets.
US Government Sees Huge Return on Shiba Inu Holding
The U.S. government has been holding the 54.89 billion SHIB tokens since earlier this year. In August, The Crypto Basic reported that the tokens were valued at $729,581, each priced at $0.00001329. Interestingly, the value has skyrocketed by 128.89% in less than four months to $1.67 million.
This follows a surge in Shiba Inu’s price, which began last month after the U.S. election. In particular, Shiba Inu has rallied by nearly 100% since the November 5 election, soaring from around $0.000017 to $0.000033 on December 1.
Currently, Shiba Inu is trading above the $0.00003 mark, with a unit priced at $0.00003058.
#shiba⚡ #Shiba #Shibainuholder
Inside MicroStrategy's innovative strategy
Since MicroStrategy's software business is basically an afterthought, it can't be valued based on traditional financial metrics like price-to-earnings or price-to-sales.Instead, investors have developed new ways to value the company, namely bitcoin per share and mNAV, or the multiple that investors are putting on the net asset value of its bitcoin.Those metrics are rather straightforward. Bitcoin per share, and bitcoin value per share, reflect how many bitcoin investors are getting when they buy a share of MicroStrategy. The company owns 402,100 bitcoin, or 1.9% of the crypto's supply limit of 21 million. So with a stock price of around $390, each MicroStrategy share gives investors exposure to 0.0017 bitcoin. That much bitcoin is worth $170, which is the bitcoin value per share. Therefore, the stock's mNAV is 2.3x.It may seem strange that investors are paying nearly $400 for what's effectively $170 of bitcoin.There are several reasons, including that MicroStrategy's bitcoin count is steadily rising. One way to think of the stock's mNAV is that investors are paying a premium because they think Saylor will eventually more than double his company's bitcoin stockpile.Another is that MicroStrategy is essentially "a leveraged vehicle for holding bitcoin in the guise of a software company," as Interactive Brokers' Steve Sosnick put it in a message to BI. The veteran strategy chief noted that Saylor's company is borrowing money to buy bitcoin, and that leverage means it rises or falls more than the price of bitcoin itself, making it a supercharged bet on bitcoin.Others echoed this view, including Matthew Sigel, the head of VanEck's digital assets research."MicroStrategy is literally borrowing USD to buy BTC, so it is a leveraged play," Sigel wrote in an email. "The stock is likely to outperform in up markets and underperform in down markets, until enough other companies duplicate the playbook and bitcoin is more widely adopted."
#btc #BTC☀
Since MicroStrategy's software business is basically an afterthought, it can't be valued based on traditional financial metrics like price-to-earnings or price-to-sales.Instead, investors have developed new ways to value the company, namely bitcoin per share and mNAV, or the multiple that investors are putting on the net asset value of its bitcoin.Those metrics are rather straightforward. Bitcoin per share, and bitcoin value per share, reflect how many bitcoin investors are getting when they buy a share of MicroStrategy. The company owns 402,100 bitcoin, or 1.9% of the crypto's supply limit of 21 million. So with a stock price of around $390, each MicroStrategy share gives investors exposure to 0.0017 bitcoin. That much bitcoin is worth $170, which is the bitcoin value per share. Therefore, the stock's mNAV is 2.3x.It may seem strange that investors are paying nearly $400 for what's effectively $170 of bitcoin.There are several reasons, including that MicroStrategy's bitcoin count is steadily rising. One way to think of the stock's mNAV is that investors are paying a premium because they think Saylor will eventually more than double his company's bitcoin stockpile.Another is that MicroStrategy is essentially "a leveraged vehicle for holding bitcoin in the guise of a software company," as Interactive Brokers' Steve Sosnick put it in a message to BI. The veteran strategy chief noted that Saylor's company is borrowing money to buy bitcoin, and that leverage means it rises or falls more than the price of bitcoin itself, making it a supercharged bet on bitcoin.Others echoed this view, including Matthew Sigel, the head of VanEck's digital assets research."MicroStrategy is literally borrowing USD to buy BTC, so it is a leveraged play," Sigel wrote in an email. "The stock is likely to outperform in up markets and underperform in down markets, until enough other companies duplicate the playbook and bitcoin is more widely adopted."
#btc #BTC☀
There you go again!!
"Nature is not a place to visit, it is home." –Gary
Snyder
"In every walk with nature one receives far more than he seeks." –John Muir
"What is the good of your stars and trees, your sunrise and the wind, if they do not enter into our daily lives?" –E.M. Forster
"The tree which moves some to tears of joy is in the eyes of others only a green thing which stands in the way. Some see nature all ridicule and deformity, and by these I shall not regulate my propositions. And some see no nature at all. But to the eyes of the man of imagination, nature is imagination itself." –William Blake
"Some old-fashioned things like fresh air and sunshine are hard to beat." –Laura Ingalls Wilder
"Rest is not idleness, and to lie sometimes on the grass under trees on a summer's day, listening to the murmur of the water, or watching the clouds float across the sky, is by no means a waste of time." –Sir John Lubbock
"My wish is to stay always like this, living quietly in a corner of nature." –Claude Monet
"For a time, I rest in the grace of the world, and am free." –Wendell Berry
"Every morning was a cheerful invitation to make my life of equal simplicity, and I may say innocence, with Nature herself." –Henry David Thoreau
"Fresh air is as good for the mind as for the body. Nature always seems trying to talk to us as if she had some great secret to tell. And so she has." –John Lubbock
"Nature is the art of God." - Dante Alighieri
#bnb #binance
Snyder
"In every walk with nature one receives far more than he seeks." –John Muir
"What is the good of your stars and trees, your sunrise and the wind, if they do not enter into our daily lives?" –E.M. Forster
"The tree which moves some to tears of joy is in the eyes of others only a green thing which stands in the way. Some see nature all ridicule and deformity, and by these I shall not regulate my propositions. And some see no nature at all. But to the eyes of the man of imagination, nature is imagination itself." –William Blake
"Some old-fashioned things like fresh air and sunshine are hard to beat." –Laura Ingalls Wilder
"Rest is not idleness, and to lie sometimes on the grass under trees on a summer's day, listening to the murmur of the water, or watching the clouds float across the sky, is by no means a waste of time." –Sir John Lubbock
"My wish is to stay always like this, living quietly in a corner of nature." –Claude Monet
"For a time, I rest in the grace of the world, and am free." –Wendell Berry
"Every morning was a cheerful invitation to make my life of equal simplicity, and I may say innocence, with Nature herself." –Henry David Thoreau
"Fresh air is as good for the mind as for the body. Nature always seems trying to talk to us as if she had some great secret to tell. And so she has." –John Lubbock
"Nature is the art of God." - Dante Alighieri
#bnb #binance
"Nature is not a place to visit, it is home." –Gary
Snyder
"In every walk with nature one receives far more than he seeks." –John Muir
"What is the good of your stars and trees, your sunrise and the wind, if they do not enter into our daily lives?" –E.M. Forster
"The tree which moves some to tears of joy is in the eyes of others only a green thing which stands in the way. Some see nature all ridicule and deformity, and by these I shall not regulate my propositions. And some see no nature at all. But to the eyes of the man of imagination, nature is imagination itself." –William Blake
"Some old-fashioned things like fresh air and sunshine are hard to beat." –Laura Ingalls Wilder
"Rest is not idleness, and to lie sometimes on the grass under trees on a summer's day, listening to the murmur of the water, or watching the clouds float across the sky, is by no means a waste of time." –Sir John Lubbock
"My wish is to stay always like this, living quietly in a corner of nature." –Claude Monet
"For a time, I rest in the grace of the world, and am free." –Wendell Berry
"Every morning was a cheerful invitation to make my life of equal simplicity, and I may say innocence, with Nature herself." –Henry David Thoreau
"Fresh air is as good for the mind as for the body. Nature always seems trying to talk to us as if she had some great secret to tell. And so she has." –John Lubbock
"Nature is the art of God." - Dante Alighieri
#bnb #binance
Snyder
"In every walk with nature one receives far more than he seeks." –John Muir
"What is the good of your stars and trees, your sunrise and the wind, if they do not enter into our daily lives?" –E.M. Forster
"The tree which moves some to tears of joy is in the eyes of others only a green thing which stands in the way. Some see nature all ridicule and deformity, and by these I shall not regulate my propositions. And some see no nature at all. But to the eyes of the man of imagination, nature is imagination itself." –William Blake
"Some old-fashioned things like fresh air and sunshine are hard to beat." –Laura Ingalls Wilder
"Rest is not idleness, and to lie sometimes on the grass under trees on a summer's day, listening to the murmur of the water, or watching the clouds float across the sky, is by no means a waste of time." –Sir John Lubbock
"My wish is to stay always like this, living quietly in a corner of nature." –Claude Monet
"For a time, I rest in the grace of the world, and am free." –Wendell Berry
"Every morning was a cheerful invitation to make my life of equal simplicity, and I may say innocence, with Nature herself." –Henry David Thoreau
"Fresh air is as good for the mind as for the body. Nature always seems trying to talk to us as if she had some great secret to tell. And so she has." –John Lubbock
"Nature is the art of God." - Dante Alighieri
#bnb #binance
Binance News
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PEPE Whale Deposits $6.17M in PEPE and $2M in SHIB to Binance
According to Odaily, on-chain analyst @ai_9684xtpa reported that the PEPE whale, known for their "100% win rate" in swing trading, deposited $6.17 million worth of PEPE and $2 million worth of SHIB into Binance 10 hours ago after a three-week hiatus.Six hours later, the whale withdrew 109.7 billion PEPE tokens. If the remaining tokens were fully sold, the whale would have realized an estimated profit of $1.71 million. Their PEPE entry cost was $0.00001331 per token, and their SHIB entry cost was $0.00002343 per token.
What Is a Heat Map?
A heat map is a graphical representation of data where values are expressed as colors.Read LessHeat maps provide an effective, visual summary of information because they synthesize data and then they present it in pictorial form. A heat map’s main advantage as a presentation tool over a spreadsheet is that it allows for a large volume of data to be communicated almost instantly.Once you hover to any section of the heat map, you will be able to view a quick chart as well as the percentage move an asset has made throughout the day. You can get a lot of information from heat maps extremely quickly.The interesting part about heat maps is the fact that they originated as 2D displays of the values within a data matrix, where the larger values were represented by a dark gray or black square and smaller values had a lighter square.A heat map is essentially a data visualization method through which you are shown data in color. It is a graphical representation of data in two dimensions through the usage of colors to demonstrate different factors. Heat maps can be a helpful visual way of perceiving information. On the other end of the spectrum, however, this information is selective, and it clouds the big picture. A heat map is used only when preliminary information is required. You can consider a heat map to be a method of visualization that showcases a specific data point or dataset, and has specific use cases. Heat maps are used for data analysis and can involve a high level of optimization in order to deliver as much data to the viewer as possible.Think of a heat map along the lines of a data-driven paint based on numbers on a canvas that is overlaid on an image. An image is divided into a grid and in each square, the heat map allows the relative intensity of the values to be captured by your eye tracker by assigning each value a color presentation.
#bitcoin☀️ #sol #bnb #eth #shiba⚡
A heat map is a graphical representation of data where values are expressed as colors.Read LessHeat maps provide an effective, visual summary of information because they synthesize data and then they present it in pictorial form. A heat map’s main advantage as a presentation tool over a spreadsheet is that it allows for a large volume of data to be communicated almost instantly.Once you hover to any section of the heat map, you will be able to view a quick chart as well as the percentage move an asset has made throughout the day. You can get a lot of information from heat maps extremely quickly.The interesting part about heat maps is the fact that they originated as 2D displays of the values within a data matrix, where the larger values were represented by a dark gray or black square and smaller values had a lighter square.A heat map is essentially a data visualization method through which you are shown data in color. It is a graphical representation of data in two dimensions through the usage of colors to demonstrate different factors. Heat maps can be a helpful visual way of perceiving information. On the other end of the spectrum, however, this information is selective, and it clouds the big picture. A heat map is used only when preliminary information is required. You can consider a heat map to be a method of visualization that showcases a specific data point or dataset, and has specific use cases. Heat maps are used for data analysis and can involve a high level of optimization in order to deliver as much data to the viewer as possible.Think of a heat map along the lines of a data-driven paint based on numbers on a canvas that is overlaid on an image. An image is divided into a grid and in each square, the heat map allows the relative intensity of the values to be captured by your eye tracker by assigning each value a color presentation.
#bitcoin☀️ #sol #bnb #eth #shiba⚡
What are meme coins?
Meme coins are a type of cryptocurrency that originated from internet memes. They are often created as a joke or for the purpose of satire, but some have gained serious traction and have become quite valuable. They are part of the larger category of digital assets known as altcoins, which are alternatives to Bitcoin. Some of these coins have gained popularity due to their community-driven nature and the humorous themes they embody.
How to find new meme coins?
For those interested in discovering new meme coins, one can explore the comprehensive table available on our website. This table is regularly updated and contains a plethora of meme coins, including the latest ones. It's important to remember that while exploring these new coins can be exciting, it's crucial to conduct thorough research before making any investment decisions.
How to buy meme coins
Purchasing meme coins typically involves a few steps. First, you'll need a digital wallet that supports the specific coin you're interested in. Next, you'll need to find a cryptocurrency exchange that trades the meme coin you want to buy. Once you've set up an account with the exchange, you can then deposit funds into your account and use those funds to purchase the meme coin. Remember, it's important to do your own research and understand the risks involved before investing in any cryptocurrency.
Are meme coins really gambling?
Investing in meme coins, like any investment, carries risk. The value of meme coins can be highly volatile, with prices that can increase or decrease dramatically in a short period of time. While some people have made significant profits from meme coins, others have experienced substantial losses. Therefore, it's crucial to understand that investing in meme coins should not be viewed as a guaranteed way to make money, but rather as a form of speculative investment. Always do your own research and consider seeking advice from a financial advisor before investing.
#shiba⚡ #doge⚡ #pepe⚡
Do Your Own Research(DYOR)
Meme coins are a type of cryptocurrency that originated from internet memes. They are often created as a joke or for the purpose of satire, but some have gained serious traction and have become quite valuable. They are part of the larger category of digital assets known as altcoins, which are alternatives to Bitcoin. Some of these coins have gained popularity due to their community-driven nature and the humorous themes they embody.
How to find new meme coins?
For those interested in discovering new meme coins, one can explore the comprehensive table available on our website. This table is regularly updated and contains a plethora of meme coins, including the latest ones. It's important to remember that while exploring these new coins can be exciting, it's crucial to conduct thorough research before making any investment decisions.
How to buy meme coins
Purchasing meme coins typically involves a few steps. First, you'll need a digital wallet that supports the specific coin you're interested in. Next, you'll need to find a cryptocurrency exchange that trades the meme coin you want to buy. Once you've set up an account with the exchange, you can then deposit funds into your account and use those funds to purchase the meme coin. Remember, it's important to do your own research and understand the risks involved before investing in any cryptocurrency.
Are meme coins really gambling?
Investing in meme coins, like any investment, carries risk. The value of meme coins can be highly volatile, with prices that can increase or decrease dramatically in a short period of time. While some people have made significant profits from meme coins, others have experienced substantial losses. Therefore, it's crucial to understand that investing in meme coins should not be viewed as a guaranteed way to make money, but rather as a form of speculative investment. Always do your own research and consider seeking advice from a financial advisor before investing.
#shiba⚡ #doge⚡ #pepe⚡
Do Your Own Research(DYOR)
US Moves Over 54B SHIB
Specifically, the U.S. government transferred 54,897,092,549 (54.89 billion) SHIB tokens to the Ethereum wallet ‘0x9…Cb0’. With Shiba Inu currently trading at $0.00003058, the tokens are worth around $1.67 million.
Following the transaction, the sending wallet, which had links to the United States government, no longer own any SHIB tokens. In the meantime, the recipient wallet, with a total crypto portfolio of $33 million, has retained the assets.
US Government Sees Huge Return on Shiba Inu Holding
The U.S. government has been holding the 54.89 billion SHIB tokens since earlier this year. In August, The Crypto Basic reported that the tokens were valued at $729,581, each priced at $0.00001329. Interestingly, the value has skyrocketed by 128.89% in less than four months to $1.67 million.
This follows a surge in Shiba Inu’s price, which began last month after the U.S. election. In particular, Shiba Inu has rallied by nearly 100% since the November 5 election, soaring from around $0.000017 to $0.000033 on December 1.
Currently, Shiba Inu is trading above the $0.00003 mark, with a unit priced at $0.00003058.
#shiba⚡ #Shiba #Shibainuholder
Specifically, the U.S. government transferred 54,897,092,549 (54.89 billion) SHIB tokens to the Ethereum wallet ‘0x9…Cb0’. With Shiba Inu currently trading at $0.00003058, the tokens are worth around $1.67 million.
Following the transaction, the sending wallet, which had links to the United States government, no longer own any SHIB tokens. In the meantime, the recipient wallet, with a total crypto portfolio of $33 million, has retained the assets.
US Government Sees Huge Return on Shiba Inu Holding
The U.S. government has been holding the 54.89 billion SHIB tokens since earlier this year. In August, The Crypto Basic reported that the tokens were valued at $729,581, each priced at $0.00001329. Interestingly, the value has skyrocketed by 128.89% in less than four months to $1.67 million.
This follows a surge in Shiba Inu’s price, which began last month after the U.S. election. In particular, Shiba Inu has rallied by nearly 100% since the November 5 election, soaring from around $0.000017 to $0.000033 on December 1.
Currently, Shiba Inu is trading above the $0.00003 mark, with a unit priced at $0.00003058.
#shiba⚡ #Shiba #Shibainuholder
Dogecoin (DOGE)
Dogecoin, the biggest meme coin, is another popular crypto coin to hold. It has a big fanbase, including Elon Musk, who is now leading the Department of Government Efficiency (DOGE).
Dogecoin has constantly remained above the 50-week and 200-week moving averages. Also, it recently flipped the important resistance level at $0.2265, its highest swing on March 25. This was a notable level since it was the upper side of the double-top pattern. It was also the higher side of the cup and handle pattern.
DOGE is now slowly forming a bullish pennant pattern, which is made up of a long vertical line and a symmetrical triangle. In most periods, this pattern usually leads to a strong bullish breakout. If this happens, Dogecoin may jump and retest its all-time high at $0.7363, up by 75% above the current level.
#dodgecoin #doge⚡ #btc
Dogecoin, the biggest meme coin, is another popular crypto coin to hold. It has a big fanbase, including Elon Musk, who is now leading the Department of Government Efficiency (DOGE).
Dogecoin has constantly remained above the 50-week and 200-week moving averages. Also, it recently flipped the important resistance level at $0.2265, its highest swing on March 25. This was a notable level since it was the upper side of the double-top pattern. It was also the higher side of the cup and handle pattern.
DOGE is now slowly forming a bullish pennant pattern, which is made up of a long vertical line and a symmetrical triangle. In most periods, this pattern usually leads to a strong bullish breakout. If this happens, Dogecoin may jump and retest its all-time high at $0.7363, up by 75% above the current level.
#dodgecoin #doge⚡ #btc
Could Shiba Inu Price Double Soon?
0The Shiba Inu price is gaining attention as it approaches a crucial resistance level that could determine its next major move. Currently facing a stiff resistance level near $0.00003250, SHIB has shown steady consolidation, building momentum for a potential breakout.
If it successfully surpasses this resistance, analysts predict the price could rally by 83%, doubling its current value. This potential move comes as SHIB mirrors historical patterns of sharp upward trends following prolonged accumulation periods.
Shiba Inu price is attracting attention as trading volumes rise and its community continues to lend strong support. The broader cryptocurrency market rally, marked by Bitcoin (BTC) surpassing $95,000 and Ethereum (ETH) climbing past $3,600, is expected to amplify SHIB’s upward momentum.
Here's Why Shiba Inu Price Could Double Soon
TradingView
SHIB’s price action may see double-digit gains as market conditions remain favorable. The significant burn activity within the SHIB ecosystem is also contributing to its optimistic outlook. According to Shibburn data, over the past 24 hours, SHIB recorded a staggering burn rate increase of 3,162.%, with 2,022,950,833 tokens burned. This reduction in circulating supply could play a vital role in boosting the token’s value.
The surge in SHIB coincides with gains in other popular meme coins, such as Dogecoin price, Pepe (PEPE), and WIF. Their upward trajectories indicate growing investor confidence in meme-based digital assets.
#shib #shiba⚡ #BTC100K!
0The Shiba Inu price is gaining attention as it approaches a crucial resistance level that could determine its next major move. Currently facing a stiff resistance level near $0.00003250, SHIB has shown steady consolidation, building momentum for a potential breakout.
If it successfully surpasses this resistance, analysts predict the price could rally by 83%, doubling its current value. This potential move comes as SHIB mirrors historical patterns of sharp upward trends following prolonged accumulation periods.
Shiba Inu price is attracting attention as trading volumes rise and its community continues to lend strong support. The broader cryptocurrency market rally, marked by Bitcoin (BTC) surpassing $95,000 and Ethereum (ETH) climbing past $3,600, is expected to amplify SHIB’s upward momentum.
Here's Why Shiba Inu Price Could Double Soon
TradingView
SHIB’s price action may see double-digit gains as market conditions remain favorable. The significant burn activity within the SHIB ecosystem is also contributing to its optimistic outlook. According to Shibburn data, over the past 24 hours, SHIB recorded a staggering burn rate increase of 3,162.%, with 2,022,950,833 tokens burned. This reduction in circulating supply could play a vital role in boosting the token’s value.
The surge in SHIB coincides with gains in other popular meme coins, such as Dogecoin price, Pepe (PEPE), and WIF. Their upward trajectories indicate growing investor confidence in meme-based digital assets.
#shib #shiba⚡ #BTC100K!
Shiba Inu's Shibarium Skyrockets 3,436% in New Accounts in 24 Hours
Shiba Inu's blockchain platform, Shibarium, has seen a significant increase in activity, with the number of new accounts rising by 3,436% in just 24 hours. Data from Shibariumscan shows that new accounts on the network jumped from 30 to 1,031 overnight, indicating a substantial rise in user engagement.
This increase follows concerns about Shibarium's declining activity and attention. The rapid change within a single day has altered this narrative. In addition to the rise in new accounts, the transaction volume on the Shibarium network also increased, growing from 4,751 to 8,527 transactions. This represents an 80% increase in transaction activity over the same period.
NOTE : DYOR
Shiba Inu's blockchain platform, Shibarium, has seen a significant increase in activity, with the number of new accounts rising by 3,436% in just 24 hours. Data from Shibariumscan shows that new accounts on the network jumped from 30 to 1,031 overnight, indicating a substantial rise in user engagement.
This increase follows concerns about Shibarium's declining activity and attention. The rapid change within a single day has altered this narrative. In addition to the rise in new accounts, the transaction volume on the Shibarium network also increased, growing from 4,751 to 8,527 transactions. This represents an 80% increase in transaction activity over the same period.
NOTE : DYOR
Can Shiba Inu delete another zero and surpass its ATH?
Deleting one more zero from its price means Shiba Inu [SHIB] would surpass its all-time high. Can it achieve it? This is one question that holders of the token have been asking themselves.
At press time, SHIB’s price was $0.000023.— 73.02% down from $0.000088 which was the peak it hit in October 2021. Furthermore, this decrease was a 3.20% fall in the last 30 days.
However, SHIB KNIGHT, an analyst who has been very bullish on the token opined that the price can hit $0.0001. According to his post on X, he mentioned that Shiba Inu could reach the target within a short period.
Bears are not giving up
The last time SHIB erased a zero from its price was in February. At that time, AMBCrypto reported how the price moved from $0.0000095 on the 22nd.
By the last day of the month, SHIB’s price had hit $0.000012 before its incredible surge to $0.000035 within the first 10 days in March.
However, it is important to note that the market condition was extremely bullish during that period. Recently, the euphoria has been non -existent, suggesting that it could be challenging for SHIB to reach such heights.
AMBCrypto found a metric that supported the invalidation of the thesis. This was the Bulls and Bears indicator provided by IntoTheBlock.
NOTE: DYOR
Deleting one more zero from its price means Shiba Inu [SHIB] would surpass its all-time high. Can it achieve it? This is one question that holders of the token have been asking themselves.
At press time, SHIB’s price was $0.000023.— 73.02% down from $0.000088 which was the peak it hit in October 2021. Furthermore, this decrease was a 3.20% fall in the last 30 days.
However, SHIB KNIGHT, an analyst who has been very bullish on the token opined that the price can hit $0.0001. According to his post on X, he mentioned that Shiba Inu could reach the target within a short period.
Bears are not giving up
The last time SHIB erased a zero from its price was in February. At that time, AMBCrypto reported how the price moved from $0.0000095 on the 22nd.
By the last day of the month, SHIB’s price had hit $0.000012 before its incredible surge to $0.000035 within the first 10 days in March.
However, it is important to note that the market condition was extremely bullish during that period. Recently, the euphoria has been non -existent, suggesting that it could be challenging for SHIB to reach such heights.
AMBCrypto found a metric that supported the invalidation of the thesis. This was the Bulls and Bears indicator provided by IntoTheBlock.
NOTE: DYOR
Crypto trader turns $500K into $5.3 million in six months
A crypto trader has realized nearly $5 million in profits from a six-month position trade with the meme coin PEPE. The position had a dollar-cost average of around $500,000 and an approximate valuation of $5.3 million on sale.
Essentially, the address ‘0x42C8‘ withdrew a total of 365.96 billion PEPE from the crypto exchange MEXC in three days. At that time, from December 13 to 16, 2023, this stack was worth approximately $496,000, as reported by Lookonchain.
Six months later, on June 4 at 03:26 am UTC, the crypto trader deposited all the tokens to Binance. Interestingly, this usually means selling intention and suggests the trader has closed the six-month PEPE position with realized profits.
BNB Chain rockets to new heights: What’s fueling the surge?
PEPE was trading at $0.00001452 by the time of the Lookonchain post on X, resulting in a $5.3 million sell-off. Moreover, this sell-off represents 0.6% of the cryptocurrency‘s 24-hour trading volume and less than 0.01% of its capitalization.
Meme coins, such as PEPE, often lack fundamental value, while the hype and social media buzz drive their price action. Crypto traders who buy these coins are essentially gambling in the hope that someone else will buy them at a higher price.
This mentality aligns with the “Greater Fool Theory,” which suggests that profits can be made by buying overvalued assets and selling them to a “greater fool.”
The ‘0x42C8’ whale could profit in this six-month position trade due to an increased retail demand for PEPE.
However, this theory also highlights the inherent risk of such investments, as the market eventually runs out of willing buyers. When the hype dies down and demand dwindles, traders can remain holding worthless assets, leading to substantial financial losses.
NOTE; DYOR.
A crypto trader has realized nearly $5 million in profits from a six-month position trade with the meme coin PEPE. The position had a dollar-cost average of around $500,000 and an approximate valuation of $5.3 million on sale.
Essentially, the address ‘0x42C8‘ withdrew a total of 365.96 billion PEPE from the crypto exchange MEXC in three days. At that time, from December 13 to 16, 2023, this stack was worth approximately $496,000, as reported by Lookonchain.
Six months later, on June 4 at 03:26 am UTC, the crypto trader deposited all the tokens to Binance. Interestingly, this usually means selling intention and suggests the trader has closed the six-month PEPE position with realized profits.
BNB Chain rockets to new heights: What’s fueling the surge?
PEPE was trading at $0.00001452 by the time of the Lookonchain post on X, resulting in a $5.3 million sell-off. Moreover, this sell-off represents 0.6% of the cryptocurrency‘s 24-hour trading volume and less than 0.01% of its capitalization.
Meme coins, such as PEPE, often lack fundamental value, while the hype and social media buzz drive their price action. Crypto traders who buy these coins are essentially gambling in the hope that someone else will buy them at a higher price.
This mentality aligns with the “Greater Fool Theory,” which suggests that profits can be made by buying overvalued assets and selling them to a “greater fool.”
The ‘0x42C8’ whale could profit in this six-month position trade due to an increased retail demand for PEPE.
However, this theory also highlights the inherent risk of such investments, as the market eventually runs out of willing buyers. When the hype dies down and demand dwindles, traders can remain holding worthless assets, leading to substantial financial losses.
NOTE; DYOR.
Donald Trump Asks If Bitcoin Could Solve US Debt Issue
Over the last 100 years, the U.S. federal debt has grown from $403 billion in 1923 to $33.17 trillion in 2023. To understand if a country can manage its debt, it’s useful to compare the debt to the country’s total economic output, known as the Gross Domestic Product (GDP). This comparison helps show how capable the country is of paying off its debt.
During an X space discussion on Sunday night, David Bailey, the CEO of the highly popular Bitcoin news website BitcoinMagazine and a cryptocurrency aide of the Trump campaign, disclosed that recently he met former US president Donald Trump for the first time.
Bailey revealed that Trump asked if Bitcoin could help to reduce the $35 trillion debt. BitcoinMagazine CEO replied to Trump that he had some ideas but failed to talk about his ideas, as he wasn’t ready to talk about them in their first meeting.
David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that Trump asked if Bitcoin could be leveraged to solve the U.S. national debt problem. The Bitcoin Magazine team is advising Trump on developing a policy that is friendly to Bitcoin…
— Wu Blockchain (@WuBlockchain) May 28, 2024
This is very big news for Bitcoin enthusiasts, as Trump is most expected to be the next US president.
However recently Trump passed several Bitcoin-friendly statements to get political benefits from the crypto community but this disclosed information is totally different, as he is actually looking toward Bitcoin adoption for the USA & he didn’t talk about this thing publicly.
In the past many times, the US current president Joe Biden has been criticized by the opposition political leaders because of the surged national debt in the USA.
As per survey reports, currently, Donald Trump has a 56% winning chance against Biden.
Over the last 100 years, the U.S. federal debt has grown from $403 billion in 1923 to $33.17 trillion in 2023. To understand if a country can manage its debt, it’s useful to compare the debt to the country’s total economic output, known as the Gross Domestic Product (GDP). This comparison helps show how capable the country is of paying off its debt.
During an X space discussion on Sunday night, David Bailey, the CEO of the highly popular Bitcoin news website BitcoinMagazine and a cryptocurrency aide of the Trump campaign, disclosed that recently he met former US president Donald Trump for the first time.
Bailey revealed that Trump asked if Bitcoin could help to reduce the $35 trillion debt. BitcoinMagazine CEO replied to Trump that he had some ideas but failed to talk about his ideas, as he wasn’t ready to talk about them in their first meeting.
David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that Trump asked if Bitcoin could be leveraged to solve the U.S. national debt problem. The Bitcoin Magazine team is advising Trump on developing a policy that is friendly to Bitcoin…
— Wu Blockchain (@WuBlockchain) May 28, 2024
This is very big news for Bitcoin enthusiasts, as Trump is most expected to be the next US president.
However recently Trump passed several Bitcoin-friendly statements to get political benefits from the crypto community but this disclosed information is totally different, as he is actually looking toward Bitcoin adoption for the USA & he didn’t talk about this thing publicly.
In the past many times, the US current president Joe Biden has been criticized by the opposition political leaders because of the surged national debt in the USA.
As per survey reports, currently, Donald Trump has a 56% winning chance against Biden.
2 Trillion Shiba Inu (SHIB) in Last 24 Hours: Are Whales Coming Back?
Shiba Inu whales are on the verge of waking up as transactional activity on large wallets seems to be surging and reaching almost 2 trillion. However, the lack of momentum in the market suggests that it is too early to celebrate, and those transfers might simply be tied to funds redistribution rather than anything significant for the price.
Fresh data has emerged that more transactions are happening within the Shiba Inu network. For the last 24 hours, 147 large transactions have occurred, whose cumulative volume is valued at 1.9 trillion SHIB. The activity bounces off a seven-day low of 82 transactions that took place on May 19, 2024.
Analyzing surge A sudden spike in big transactions could mean numerous things. For one, it's a good probability that large holders in the market are just redistributing their assets. This movement of funds might be related to internal wallet reorganizations, with preparations for future market moves, or simple asset redistribution for liquidity purposes.
Disclaimer:DYOR
Shiba Inu whales are on the verge of waking up as transactional activity on large wallets seems to be surging and reaching almost 2 trillion. However, the lack of momentum in the market suggests that it is too early to celebrate, and those transfers might simply be tied to funds redistribution rather than anything significant for the price.
Fresh data has emerged that more transactions are happening within the Shiba Inu network. For the last 24 hours, 147 large transactions have occurred, whose cumulative volume is valued at 1.9 trillion SHIB. The activity bounces off a seven-day low of 82 transactions that took place on May 19, 2024.
Analyzing surge A sudden spike in big transactions could mean numerous things. For one, it's a good probability that large holders in the market are just redistributing their assets. This movement of funds might be related to internal wallet reorganizations, with preparations for future market moves, or simple asset redistribution for liquidity purposes.
Disclaimer:DYOR
$82 Million Bitcoin Mystery Stuns World's Largest Exchange
A substantial withdrawal of 1,195 Bitcoin, valued at approximately $81.95 million, has been made from Binance, the world’s largest cryptocurrency exchange. This transfer to an unknown address has caught the attention of the crypto community as, typically, massive withdrawals from exchanges are perceived as bullish signals for the price. ADVERTISEMENT The logic is simple: large investors buy digital assets on liquid platforms like Binance and then move them to private wallets for storage, indicating long-term holding strategies.
A substantial withdrawal of 1,195 Bitcoin, valued at approximately $81.95 million, has been made from Binance, the world’s largest cryptocurrency exchange. This transfer to an unknown address has caught the attention of the crypto community as, typically, massive withdrawals from exchanges are perceived as bullish signals for the price. ADVERTISEMENT The logic is simple: large investors buy digital assets on liquid platforms like Binance and then move them to private wallets for storage, indicating long-term holding strategies.
Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains
Popular ERC-20 meme coin Shiba Inu ($SHIB ) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024.
At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year.
By comparison, the world’s favorite cryptocurrency, Bitcoin ($BTC) is up 158%, Ethereum ($ETH) added 115% over the year, and $SHIB ’s top rival, OG doge meme coin Dogecoin ($DOGE) has grown 137.5% over the last 365 days.
However, the token’s performance over the last three months shows it facing stiffening resistance (indicated by the red trend line), even as its support level (green trend line) is increasing. The data indicates $SHIB ’s price has been relatively stable over the last month as it consistently trades slightly above its 30-day moving average, represented by the graph’s blue line.
With a relative strength index (RSI) hovering around the high 60s, Shiba Inu is close to being overbought (70 is the threshold). The recent spate of buying is likely driven by last week’s news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Shiba Inu’s native blockchain.
Mega Dice’s $DICE Tempts Shiba Inu Holders
Shiba Inu has realised that very few meme coins will survive the post-adoption future, when crypto will become a ubiquitous means of payment and store of value for the general public. That’s why earlier this year, the team behind it announced a $12 million fundraise towards a new privacy focused layer-3 blockchain.
NOTE; Please DYOR
#shiba⚡ #Shibainuholder #SHIBAUSDT #ShibaFundamentalAnlysis #ShibaArmstrong #bullish
Popular ERC-20 meme coin Shiba Inu ($SHIB ) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024.
At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year.
By comparison, the world’s favorite cryptocurrency, Bitcoin ($BTC) is up 158%, Ethereum ($ETH) added 115% over the year, and $SHIB ’s top rival, OG doge meme coin Dogecoin ($DOGE) has grown 137.5% over the last 365 days.
However, the token’s performance over the last three months shows it facing stiffening resistance (indicated by the red trend line), even as its support level (green trend line) is increasing. The data indicates $SHIB ’s price has been relatively stable over the last month as it consistently trades slightly above its 30-day moving average, represented by the graph’s blue line.
With a relative strength index (RSI) hovering around the high 60s, Shiba Inu is close to being overbought (70 is the threshold). The recent spate of buying is likely driven by last week’s news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Shiba Inu’s native blockchain.
Mega Dice’s $DICE Tempts Shiba Inu Holders
Shiba Inu has realised that very few meme coins will survive the post-adoption future, when crypto will become a ubiquitous means of payment and store of value for the general public. That’s why earlier this year, the team behind it announced a $12 million fundraise towards a new privacy focused layer-3 blockchain.
NOTE; Please DYOR
#shiba⚡ #Shibainuholder #SHIBAUSDT #ShibaFundamentalAnlysis #ShibaArmstrong #bullish
Argentina Taps El Salvador’s Bitcoin Strategy Amid Growing Crypto Adoption
CNV officials praise El Salvador's leadership and comprehensive approach to integrating Bitcoin into its economy.
The partnership underscores the global importance of effective regulatory frameworks for cryptocurrency adoption.
Argentina’s National Securities Commission (CNV) has initiated collaboration with El Salvador’s National Commission of Digital Assets (CNAD) to explore insights into Bitcoin adoption and crypto regulation. This move follows El Salvador’s groundbreaking decision in 2021 to adopt Bitcoin as legal tender alongside the U.S. dollar. So, let’s explore the development and see how Argentina is leveraging El Salvador’s expertise in the process.
Leveraging El Salvador’s Bitcoin Strategy
In a recent meeting between Argentina’s CNV and CNAD officials, discussions centered on El Salvador’s pioneering role in integrating Bitcoin into its financial system. CNV President Roberto Silva commended El Salvador’s leadership in Bitcoin adoption and its comprehensive approach to crypto regulation, highlighting the invaluable insights gained by the CNAD.
Meanwhile, CNV Vice President Patricia Boedo emphasized the importance of leveraging El Salvador’s expertise in the crypto industry. Boedo, who participated in meetings on market development in El Salvador earlier this year, stressed the significance of strengthening ties with a nation at the forefront of cryptocurrency innovation.
On the other hand, Juan Carlos Reyes, President of the National Digital Assets Commission (CNAD) of El Salvador, lauded Argentina’s expertise in the technology sector. The officials have discussed the best approaches to under the cryptocurrency concepts and using them efficiently in global economic cases.
Read more articles on this matter and never forget to DYOR.
CNV officials praise El Salvador's leadership and comprehensive approach to integrating Bitcoin into its economy.
The partnership underscores the global importance of effective regulatory frameworks for cryptocurrency adoption.
Argentina’s National Securities Commission (CNV) has initiated collaboration with El Salvador’s National Commission of Digital Assets (CNAD) to explore insights into Bitcoin adoption and crypto regulation. This move follows El Salvador’s groundbreaking decision in 2021 to adopt Bitcoin as legal tender alongside the U.S. dollar. So, let’s explore the development and see how Argentina is leveraging El Salvador’s expertise in the process.
Leveraging El Salvador’s Bitcoin Strategy
In a recent meeting between Argentina’s CNV and CNAD officials, discussions centered on El Salvador’s pioneering role in integrating Bitcoin into its financial system. CNV President Roberto Silva commended El Salvador’s leadership in Bitcoin adoption and its comprehensive approach to crypto regulation, highlighting the invaluable insights gained by the CNAD.
Meanwhile, CNV Vice President Patricia Boedo emphasized the importance of leveraging El Salvador’s expertise in the crypto industry. Boedo, who participated in meetings on market development in El Salvador earlier this year, stressed the significance of strengthening ties with a nation at the forefront of cryptocurrency innovation.
On the other hand, Juan Carlos Reyes, President of the National Digital Assets Commission (CNAD) of El Salvador, lauded Argentina’s expertise in the technology sector. The officials have discussed the best approaches to under the cryptocurrency concepts and using them efficiently in global economic cases.
Read more articles on this matter and never forget to DYOR.
Ron Paul Believes De-Dollarization Is Happening at a Rapid Pace
Ron Paul, former U.S. presidential candidate and former U.S. congressional representative, has talked about how he believes de-dollarization is starting to accelerate recently, even if he does not know when the U.S. dollar will lose its reserve currency status.
In the latest episode of “The Ron Paul Liberty Report,” his online videocast, Ron Paul clarified a global reduction in the percentage of reserves held in U.S. dollars is caused by several circumstances, including “America’s endless wars, sanctions, wokism, nihilism, and unconstitutional abuses.”
About the consequences of this, Paul stated:
It is already starting. More and more we have a series of countries that are transacting their international accounts in their own currencies and ignoring it.
Furthermore, Paul declared that the U.S. government has a hand in “rigging” the price of gold in order to make the dollar look stronger, having “no respect” for gold.
Dollar Replacement and BRICS
About the possible replacement of the U.S. dollar on international markets, Paul stated that while he was not sure, Russia and China might have some kind of influence in the response to the vacuum that the dollar could leave behind. He also included BRICS, the bloc integrated by Brazil, Russia, India, China, and South Africa, as part of this answer.
Paul stated:
"I would keep an eye on BRICS and if they continue or accelerate their purchase of gold. Eventually, the best standard of money is that it is easily convertible into something that you can measure."
The BRICS bloc has been studying the issuance of a currency since at least last year, when Russian President Vladimir Putin made the announcement at the 14th BRICS summit held in China.
More recently, Russian State Duma Deputy Chairman Alexander Babakov added that such a currency might be potentially backed by gold or other commodities, including rare-earth elements or even land.
#DollarDominance #BRICS2024 #BinanceSquareFamily #BinanceSquareWritingContest
Ron Paul, former U.S. presidential candidate and former U.S. congressional representative, has talked about how he believes de-dollarization is starting to accelerate recently, even if he does not know when the U.S. dollar will lose its reserve currency status.
In the latest episode of “The Ron Paul Liberty Report,” his online videocast, Ron Paul clarified a global reduction in the percentage of reserves held in U.S. dollars is caused by several circumstances, including “America’s endless wars, sanctions, wokism, nihilism, and unconstitutional abuses.”
About the consequences of this, Paul stated:
It is already starting. More and more we have a series of countries that are transacting their international accounts in their own currencies and ignoring it.
Furthermore, Paul declared that the U.S. government has a hand in “rigging” the price of gold in order to make the dollar look stronger, having “no respect” for gold.
Dollar Replacement and BRICS
About the possible replacement of the U.S. dollar on international markets, Paul stated that while he was not sure, Russia and China might have some kind of influence in the response to the vacuum that the dollar could leave behind. He also included BRICS, the bloc integrated by Brazil, Russia, India, China, and South Africa, as part of this answer.
Paul stated:
"I would keep an eye on BRICS and if they continue or accelerate their purchase of gold. Eventually, the best standard of money is that it is easily convertible into something that you can measure."
The BRICS bloc has been studying the issuance of a currency since at least last year, when Russian President Vladimir Putin made the announcement at the 14th BRICS summit held in China.
More recently, Russian State Duma Deputy Chairman Alexander Babakov added that such a currency might be potentially backed by gold or other commodities, including rare-earth elements or even land.
#DollarDominance #BRICS2024 #BinanceSquareFamily #BinanceSquareWritingContest
#Ethereum(ETH)
Ethereum, the second oldest cryptocurrency, demonstrates growth patterns akin to Bitcoin but is available at a relatively lower price. While Bitcoin is an excellent long-term investment, its high price can be a barrier for average investors with moderate risk tolerance.
Ethereum’s unique value proposition lies in its versatility beyond trading. Ethereum facilitates hosting smart contracts, decentralized applications, and decentralized finance (DeFi) platforms, unlike Bitcoin.
With a market capitalization of $395 billion, Ethereum accounts for 16% of the entire cryptocurrency market. Its extensive utility, robust blockchain infrastructure, and positive sentiment analysis make it popular among developers and investors. These factors position Ethereum as a highly promising altcoin for substantial potential gains.
#Binance Coin (BNB)
Binance is a highly regarded cryptocurrency exchange platform offering numerous benefits to its users. Its key features include low transaction fees, high efficiency, and rapid transaction processing, which appeal to investors. The platform’s native token, Binance Coin (BNB), provides opportunities for both investment and staking.
Binance utilizes these funds to develop and enhance its ecosystem. As the platform’s demand and user base increase, the return on investment (ROI) improves, resulting in staking rewards for those who stake BNB.
Moreover, BNB offers various earning opportunities, such as in-game rewards. With a significant market capitalization of $43.9 billion and continuous growth, BNB is considered a popular and valuable investment option.
Note; DYOR please after getting all these information.
#etherreum #BNBToken #bitcoin☀️
Ethereum, the second oldest cryptocurrency, demonstrates growth patterns akin to Bitcoin but is available at a relatively lower price. While Bitcoin is an excellent long-term investment, its high price can be a barrier for average investors with moderate risk tolerance.
Ethereum’s unique value proposition lies in its versatility beyond trading. Ethereum facilitates hosting smart contracts, decentralized applications, and decentralized finance (DeFi) platforms, unlike Bitcoin.
With a market capitalization of $395 billion, Ethereum accounts for 16% of the entire cryptocurrency market. Its extensive utility, robust blockchain infrastructure, and positive sentiment analysis make it popular among developers and investors. These factors position Ethereum as a highly promising altcoin for substantial potential gains.
#Binance Coin (BNB)
Binance is a highly regarded cryptocurrency exchange platform offering numerous benefits to its users. Its key features include low transaction fees, high efficiency, and rapid transaction processing, which appeal to investors. The platform’s native token, Binance Coin (BNB), provides opportunities for both investment and staking.
Binance utilizes these funds to develop and enhance its ecosystem. As the platform’s demand and user base increase, the return on investment (ROI) improves, resulting in staking rewards for those who stake BNB.
Moreover, BNB offers various earning opportunities, such as in-game rewards. With a significant market capitalization of $43.9 billion and continuous growth, BNB is considered a popular and valuable investment option.
Note; DYOR please after getting all these information.
#etherreum #BNBToken #bitcoin☀️
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