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Hey, crypto fam! ๐Ÿ‘‹ So, I just got some pretty wild news about Shiba Inu (SHIB) that I need to share. ๐Ÿ˜ฑ After a crazy market crash on Thursday, SHIB is starting to climb back up, and I've got the tea on what might be coming next... โ˜• Apparently, a fancy machine learning algorithm over at CoinCodex thinks SHIB's gonna jump a whopping 30% in the next 5 days! ๐Ÿ’ฅ That's some serious upside, right? I mean, it's not like I'm getting my hopes up or anything... ๐Ÿ˜‰ So, here's the deal. The algorithm is checking all these different indicators, like investor sentiment, and it's saying that people are still super greedy when it comes to SHIB. I mean, the Fear & Greed Index is at 74, which means folks are more than happy to throw their cash into the market. ๐Ÿ’ธ Fast forward 5 days, and this algorithm thinks SHIB's gonna hit $0.00002819, which is a pretty significant increase from where we are now ($0.00002188). Like, we're talking 30.25% growth, fam! ๐Ÿคฏ And if you think that's wild, just wait until you hear the one-month prediction... According to the algorithm, SHIB's gonna soar to $0.00007110, which is basically right back at its all-time high. That's a 228.44% increase, bro! ๐Ÿš€ But, here's the thing. The sentiment around SHIB is actually kinda bearish, which might mean it's the perfect time to scoop up some coins. It's all about accumulation, baby! ๐Ÿค‘ And, according to Santiment's on-chain data, that's exactly what's happening. Exchange balances have dropped 2.4% in just two weeks, which means investors are buying and holding, waiting for the prices to go up... and up... and up! ๐Ÿ’ช So, if the algorithm is right (fingers crossed), then it's possible we're seeing the lowest SHIB price in a while. And with the next bull run potentially coming later this year... who knows? Maybe we'll see SHIB hitting new all-time highs? ๐ŸŒŠ What do you guys think? Share your thoughts in the comments! ๐Ÿ’ฌ (P.S. Keep in mind, I'm not a financial advisor, and you should always do your own research and make your own investment decisions. ๐Ÿ˜‰) #ShibaPricePrediction
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Hey! ๐Ÿ‘‹ So, there's been quite the stir around crypto voters and the US presidential candidates. Recently, Biden's administration surprisingly took a more favorable stance towards digital assets. ๐Ÿค” This change might have been inspired by Republican candidate Donald Trump endorsing crypto during his campaign. However, billionaire Mark Cuban thinks the SEC's crackdown on crypto could actually hurt Biden's chances at reelection. ๐Ÿ˜ฌ During Coinbase's State of Crypto Summit 2024, Cuban expressed frustration with the SEC's chairman, Gary Gensler. He even hinted that Gensler's approach might jeopardize Biden's election. ๐Ÿšจ Cuban believes that the registration process the SEC imposes on companies is what's holding them back, and he's been talking to politicians about creating more welcoming legislation. ๐ŸŒ He thinks that if they could just simplify and clarify the rules for crypto businesses, it would make the industry more attractive. He even thinks that crypto voters might be a deciding factor in the upcoming election! ๐Ÿ”ฅ But Cuban's not the only one upset with Gensler. Others in the crypto industry have criticized him, too. ๐Ÿ˜ฎ Senator Bill Hagerty, a Republican, called out Gensler during a Senate Committee on Appropriations hearing. He said the SEC isn't doing enough to foster innovation in the crypto space and that they're essentially pushing it offshore. ๐Ÿ˜Ÿ Lots of folks in the community agree, and many think that Gensler should be replaced to give the industry a chance to thrive. What do you think? Will the SEC's stance impact the outcome of the election? ๐Ÿ—ณ๏ธ Let me know! ๐Ÿ’ฌ EDIT: Please be aware that this conversation is not affiliated with or endorsed by any political party or candidate. We're just discussing the situation and providing context. ๐Ÿ‘ #CryptoVotersMatter #SECReformNow #DigitalAssets2024 #CryptoForElection #RegulationsForCrypto
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