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Senate Passes Bill Giving Tax Exemption to Bitcoin, Crypto Miners
Oklahoma Senate passes bill for tax exemptions on Bitcoin and crypto mining, aiming to boost local blockchain industry.
Oklahoma Senate approves House Bill 1600, granting tax exemptions to Bitcoin and crypto mining operations.
The bill now awaits the governor's signature after passing the Senate with a 29 to 15 vote.
House Bill 1600 allows tax-exempt status for essential mining equipment like servers, computers, and software.
$BTC $ETH $SOL
#bitcoin
#CryptoTalks
#CryptoNews
#ETF
#SHIB
Oklahoma Senate passes bill for tax exemptions on Bitcoin and crypto mining, aiming to boost local blockchain industry.
Oklahoma Senate approves House Bill 1600, granting tax exemptions to Bitcoin and crypto mining operations.
The bill now awaits the governor's signature after passing the Senate with a 29 to 15 vote.
House Bill 1600 allows tax-exempt status for essential mining equipment like servers, computers, and software.
$BTC $ETH $SOL
#bitcoin
#CryptoTalks
#CryptoNews
#ETF
#SHIB
Crypto exchange Binance completes initial registration with FIU-IND, further compliance proceedings still on
World’s largest crypto exchange Binance got registered with the Financial Intelligence Unit in India (FIU-IND), months after nine offshore exchanges in India were blocked for not following local anti-money laundering regulations.
This registration is, however, an initial step, as the compliance processes are still on. The exchange will be operational in India only after the completion of these processes and payment of a penalty fee is yet to be decided.
Binance’s registration comes close on the heels of rival KuCoin signing up in March. Meanwhile, OKX decided to discontinue its services in India from April 30.
According to Vivek Aggarwal, Director, FIU-IND and Additional Secretary Department of Revenue Government of India, KuCoin is fully registered and operational now after paying a penalty fee of Rs 34.5 lakh.
“Binance’s operations have not yet resumed and the quantum of penalty is yet to be decided. Binance, as of now, has completed the initial registration with FIU-IND. Its penalty and compliance proceedings are still going on,” Aggarwal added, speaking at a workshop conducted by industry body Bharat Web3 Association (BWA) in New Delhi on May 10.
The workshop was attended by FIU-IND officials, BWA representatives and 60 representatives from across 35 REs. These included founders/senior leaders from CoinDCX, CoinSwitch, WazirX, Mudrex, Unocoin, Pi42, Giottus, highlighting the importance that the VDA (virtual digital asset) players accord to PMLA compliance. The workshop also saw participation from Kucoin, the first international exchange registered with FIU-IND.
#BinanceInIndia #Fiu #CryptoTalks #CryptoNews #HOTTRENDS
@LucieSHIB @Crypto Panda @Pi Coin @Crypto_Awad @Binance Square Official @Binance Announcement
World’s largest crypto exchange Binance got registered with the Financial Intelligence Unit in India (FIU-IND), months after nine offshore exchanges in India were blocked for not following local anti-money laundering regulations.
This registration is, however, an initial step, as the compliance processes are still on. The exchange will be operational in India only after the completion of these processes and payment of a penalty fee is yet to be decided.
Binance’s registration comes close on the heels of rival KuCoin signing up in March. Meanwhile, OKX decided to discontinue its services in India from April 30.
According to Vivek Aggarwal, Director, FIU-IND and Additional Secretary Department of Revenue Government of India, KuCoin is fully registered and operational now after paying a penalty fee of Rs 34.5 lakh.
“Binance’s operations have not yet resumed and the quantum of penalty is yet to be decided. Binance, as of now, has completed the initial registration with FIU-IND. Its penalty and compliance proceedings are still going on,” Aggarwal added, speaking at a workshop conducted by industry body Bharat Web3 Association (BWA) in New Delhi on May 10.
The workshop was attended by FIU-IND officials, BWA representatives and 60 representatives from across 35 REs. These included founders/senior leaders from CoinDCX, CoinSwitch, WazirX, Mudrex, Unocoin, Pi42, Giottus, highlighting the importance that the VDA (virtual digital asset) players accord to PMLA compliance. The workshop also saw participation from Kucoin, the first international exchange registered with FIU-IND.
#BinanceInIndia #Fiu #CryptoTalks #CryptoNews #HOTTRENDS
@LucieSHIB @Crypto Panda @Pi Coin @Crypto_Awad @Binance Square Official @Binance Announcement
Everyone Will Wish They Bought Earlier—Experienced Analyst Believes This Shiba Inu (SHIB) and Dogeco
In the ever-evolving world of cryptocurrencies, seasoned analysts are always on the lookout for the next big player set to shake up the market. While Shiba Inu (SHIB) and Dogecoin (DOGE) have captured headlines in recent years, a new contender is emerging on the horizon, ready to challenge the status quo and soar to new heights in 2024. That contender is Retik Finance (RETIK), a decentralized finance (DeFi) project with ambitious plans and promising potential. Retik Finance (RETIK) is positioning itself as a formidable rival to SHIB and DOGE, with analysts predicting a meteoric rise in its value in the coming year.
Set to launch in 2024, RETIK has already generated significant buzz within the crypto community, with projections suggesting a surge of over 10,000%. This bold prediction has caught the attention of investors worldwide, who are eagerly awaiting the opportunity to capitalize on RETIK's anticipated success. One of the key factors driving optimism around RETIK is its innovative approach to decentralized finance. Unlike traditional cryptocurrencies, RETIK aims to revolutionize the DeFi landscape by offering a wide range of innovative solutions and services. At the heart of RETIK's ecosystem are its DeFi debit cards, which promise to bridge the gap between traditional finance and the world of cryptocurrencies.
With the early utility launch of RETIK cards already exceeding expectations and occurring ahead of schedule, investors are confident that RETIK is poised for greatness. In addition to its groundbreaking DeFi debit cards, RETIK offers a host of other features designed to enhance the financial experience for users. These include a smart cryptocurrency payment gateway, AI-driven peer-to-peer lending, and a highly secure multi-chain non-custodial wallet. By providing users with access to these cutting-edge tools and services, RETIK is positioning itself as a one-stop destination for all their financial needs. One of the most compelling aspects of RETIK is its community-driven approach to development. Unlike many other cryptocurrency projects,
RETIK has actively sought input from its community throughout the development process, ensuring that its products and services meet the needs of its users. This collaborative approach has helped to foster a strong sense of community among RETIK supporters, who are passionate about the project's potential to disrupt the DeFi space. With analysts predicting a surge of over 10,000% in 2024, RETIK is poised to make waves in the cryptocurrency market. The early utility launch of RETIK cards has already exceeded expectations, signalling strong demand for the project's innovative solutions. As RETIK continues to build out its ecosystem and attract new users, it is likely to emerge as a major player in the DeFi space, rivalling the likes of SHIB and DOGE. In conclusion, RETIK Finance is the 2024 rival that everyone will wish they bought earlier. With its innovative approach to decentralized finance and promising potential for growth, RETIK is poised to soar to new heights in the coming year. As investors eagerly await the launch of RETIK and the opportunity to capitalize on its anticipated success, one thing is clear: RETIK is a project to watch in 2024 and beyond.
#HOTTRENDS #CryptoNews #CryptoTalks #Write2Earn #SHIBA🔥
@LucieSHIB @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement @Pi Coin @Shiba Inu @Doge Coin @Retik Finance @Memecoin
Set to launch in 2024, RETIK has already generated significant buzz within the crypto community, with projections suggesting a surge of over 10,000%. This bold prediction has caught the attention of investors worldwide, who are eagerly awaiting the opportunity to capitalize on RETIK's anticipated success. One of the key factors driving optimism around RETIK is its innovative approach to decentralized finance. Unlike traditional cryptocurrencies, RETIK aims to revolutionize the DeFi landscape by offering a wide range of innovative solutions and services. At the heart of RETIK's ecosystem are its DeFi debit cards, which promise to bridge the gap between traditional finance and the world of cryptocurrencies.
With the early utility launch of RETIK cards already exceeding expectations and occurring ahead of schedule, investors are confident that RETIK is poised for greatness. In addition to its groundbreaking DeFi debit cards, RETIK offers a host of other features designed to enhance the financial experience for users. These include a smart cryptocurrency payment gateway, AI-driven peer-to-peer lending, and a highly secure multi-chain non-custodial wallet. By providing users with access to these cutting-edge tools and services, RETIK is positioning itself as a one-stop destination for all their financial needs. One of the most compelling aspects of RETIK is its community-driven approach to development. Unlike many other cryptocurrency projects,
RETIK has actively sought input from its community throughout the development process, ensuring that its products and services meet the needs of its users. This collaborative approach has helped to foster a strong sense of community among RETIK supporters, who are passionate about the project's potential to disrupt the DeFi space. With analysts predicting a surge of over 10,000% in 2024, RETIK is poised to make waves in the cryptocurrency market. The early utility launch of RETIK cards has already exceeded expectations, signalling strong demand for the project's innovative solutions. As RETIK continues to build out its ecosystem and attract new users, it is likely to emerge as a major player in the DeFi space, rivalling the likes of SHIB and DOGE. In conclusion, RETIK Finance is the 2024 rival that everyone will wish they bought earlier. With its innovative approach to decentralized finance and promising potential for growth, RETIK is poised to soar to new heights in the coming year. As investors eagerly await the launch of RETIK and the opportunity to capitalize on its anticipated success, one thing is clear: RETIK is a project to watch in 2024 and beyond.
#HOTTRENDS #CryptoNews #CryptoTalks #Write2Earn #SHIBA🔥
@LucieSHIB @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement @Pi Coin @Shiba Inu @Doge Coin @Retik Finance @Memecoin
Shiba Inu Team Makes Major Announcement
ShibaSwap
ShibaSwap has been instrumental in enhancing the utility of the SHIB ecosystem. With services like staking, liquidity pools, and yield farming, it has significantly boosted ecosystem vitality. The decision to integrate with Ethereum and Shibarium signifies a major shift, paving the way for new growth opportunities.
The decision to expand ShibaSwap carries major implications. Integration with Ethereum and Shibarium bolsters the platform’s security infrastructure, leveraging Ethereum’s robust security protocols.
Furthermore, Lucie’s announcement emphasized the significance of BONE, ShibaSwap’s governance token, and the designated gas fee token for Shibarium. This strategic move underscores SHIB’s dedication to innovation and heralds a new era of expansion for its growing token ecosystem.
As Shiba Inu ventures into this new chapter, it stands poised to seize opportunities in an increasingly interconnected crypto landscape.
#HOTTRENDS #SHIBA🔥 #CryptoNews #CryptoTalks #Write2Earn
@LucieSHIB @Ethereum @Ethereum World News @Pi Coin @Crypto_Awad @Crypto Panda @Binance Announcement @Binance Square Official @Shiba Inu
ShibaSwap
ShibaSwap has been instrumental in enhancing the utility of the SHIB ecosystem. With services like staking, liquidity pools, and yield farming, it has significantly boosted ecosystem vitality. The decision to integrate with Ethereum and Shibarium signifies a major shift, paving the way for new growth opportunities.
The decision to expand ShibaSwap carries major implications. Integration with Ethereum and Shibarium bolsters the platform’s security infrastructure, leveraging Ethereum’s robust security protocols.
Furthermore, Lucie’s announcement emphasized the significance of BONE, ShibaSwap’s governance token, and the designated gas fee token for Shibarium. This strategic move underscores SHIB’s dedication to innovation and heralds a new era of expansion for its growing token ecosystem.
As Shiba Inu ventures into this new chapter, it stands poised to seize opportunities in an increasingly interconnected crypto landscape.
#HOTTRENDS #SHIBA🔥 #CryptoNews #CryptoTalks #Write2Earn
@LucieSHIB @Ethereum @Ethereum World News @Pi Coin @Crypto_Awad @Crypto Panda @Binance Announcement @Binance Square Official @Shiba Inu
237.8 Billion SHIB Grabbed by New Whale After Major Shiba Inu Development
New Shiba Inu whale born as investors' confidence in this meme coin grows
According to data shared by Etherscan, over a day ago, a recently set up cryptocurrency wallet purchased several hundred billion SHIB meme coins.
Whale grabs 237.8 billion SHIB The transaction was made from an anonymous wallet that may indicate an OTC purchase or a whale distributing his cryptocurrency stash between smaller blockchain addresses. A whopping 237,868,630,126 SHIB were transferred to the aforementioned wallet in total. This amount of meme cryptocurrency is evaluated at $6,290,435 at the time of this writing.
The purchase took place after the SHIB team made a major announcement about securing $12 million in investments for developing a layer-3 solution on top of Shibarium. In the meantime, the SHIB lead has clarified what his recent multiple travels around the world were about.
#HOTTRENDS #SHIBA🔥 #CryptoNews #Binance #Ethereum
@LucieSHIB @Pi Coin @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu
New Shiba Inu whale born as investors' confidence in this meme coin grows
According to data shared by Etherscan, over a day ago, a recently set up cryptocurrency wallet purchased several hundred billion SHIB meme coins.
Whale grabs 237.8 billion SHIB The transaction was made from an anonymous wallet that may indicate an OTC purchase or a whale distributing his cryptocurrency stash between smaller blockchain addresses. A whopping 237,868,630,126 SHIB were transferred to the aforementioned wallet in total. This amount of meme cryptocurrency is evaluated at $6,290,435 at the time of this writing.
The purchase took place after the SHIB team made a major announcement about securing $12 million in investments for developing a layer-3 solution on top of Shibarium. In the meantime, the SHIB lead has clarified what his recent multiple travels around the world were about.
#HOTTRENDS #SHIBA🔥 #CryptoNews #Binance #Ethereum
@LucieSHIB @Pi Coin @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu
Dogecoin Spotlight: Key On-chain Metric Flashes Green Despite DOGE's 8% Drop
Dogecoin trading down 7%, mirroring general sell-off on broader crypto market
Despite a recent 8% price drop, Dogecoin holders remain largely in profit, according to a key on-chain metric.
At the time of writing, DOGE was down 7% in the last 24 hours to $0.1496, mirroring the general sell-off on the markets, which saw Bitcoin plummet below the $64,000 mark.
According to IntoTheBlock data, a key on-chain metric is flashing green, indicating that the majority of DOGE holders remain in profit. The metric reveals that a staggering 83% of Dogecoin holders are currently in profit, highlighting the resilience and confidence of DOGE holders amid market fluctuations.
In a recent post, IntoTheBlock shared a chart that shows the percentage of holders in profit on several top layer-1 networks.
#DOGE🔥🔥 #HOTTRENDS #CryptoNews #CryptoTalks #Write2Earn
@LucieSHIB @Crypto Panda @Pi Coin @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @Doge Coin
Dogecoin trading down 7%, mirroring general sell-off on broader crypto market
Despite a recent 8% price drop, Dogecoin holders remain largely in profit, according to a key on-chain metric.
At the time of writing, DOGE was down 7% in the last 24 hours to $0.1496, mirroring the general sell-off on the markets, which saw Bitcoin plummet below the $64,000 mark.
According to IntoTheBlock data, a key on-chain metric is flashing green, indicating that the majority of DOGE holders remain in profit. The metric reveals that a staggering 83% of Dogecoin holders are currently in profit, highlighting the resilience and confidence of DOGE holders amid market fluctuations.
In a recent post, IntoTheBlock shared a chart that shows the percentage of holders in profit on several top layer-1 networks.
#DOGE🔥🔥 #HOTTRENDS #CryptoNews #CryptoTalks #Write2Earn
@LucieSHIB @Crypto Panda @Pi Coin @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @Doge Coin
Grayscale, BlackRock Ethereum ETF applications updated amid SEC delays
The SEC is expected to reach a decision on Ethereum ETFs in May.
Grayscale Investments and BlackRock have updated their spot Ethereum ETF applications despite the SEC delaying its decision on the matter in recent weeks and expectations leaning toward rejection.
Grayscale filed an S-3 registration statement with the SEC on April 23. The submission marks the latest step toward the firm’s proposed conversion of its existing Grayscale Ethereum Trust to a spot exchange-traded fund (ETF).
Grayscale referred to the submission as “another key filing,” along with NYSE Arca’s earlier Form 19b-4 filing.
Grayscale also filed an S-1 registration statement for a mini Ethereum ETF, a counterpart to its proposed mini Bitcoin ETF. The SEC has not yet approved either mini ETF.
Meanwhile, Nasdaq amended BlackRock’s 19b-4 filing to include a proposed rule change through which the exchange intends to list and trade shares of BlackRock’s planned iShares Ethereum Trust.
The update proposes cash-based creation and redemptions instead of in-kind creations and redemptions. This aligns the proposed fund with competing Ethereum ETF applications and previously approved spot Bitcoin ETFs.
Decision due in May
The SEC has punted the deadlines on several Ethereum ETFs in recent weeks and is expected to decide on the applications simultaneously in May.
Expectations around Ethereum ETF approvals are at an all-time low. Bloomberg ETF analyst Eric Balchunas, who initially said the odds of approval stood at 70% earlier in the year, updated his prediction to “a very pessimistic 25%” chance of approval.
Polymarket reports an 11% chance that the SEC will approve an Ethereum ETF by May 31, represented as betting odds.
#Ethereum✅ #ETFApprovalDreams #CryptoTalks #CryptoNews #HOTTRENDS @Crypto Panda @LucieSHIB @Pi Coin @Crypto_Awad @Binance Square Official @Binance Announcement @Ethereum @Ethereum World News
The SEC is expected to reach a decision on Ethereum ETFs in May.
Grayscale Investments and BlackRock have updated their spot Ethereum ETF applications despite the SEC delaying its decision on the matter in recent weeks and expectations leaning toward rejection.
Grayscale filed an S-3 registration statement with the SEC on April 23. The submission marks the latest step toward the firm’s proposed conversion of its existing Grayscale Ethereum Trust to a spot exchange-traded fund (ETF).
Grayscale referred to the submission as “another key filing,” along with NYSE Arca’s earlier Form 19b-4 filing.
Grayscale also filed an S-1 registration statement for a mini Ethereum ETF, a counterpart to its proposed mini Bitcoin ETF. The SEC has not yet approved either mini ETF.
Meanwhile, Nasdaq amended BlackRock’s 19b-4 filing to include a proposed rule change through which the exchange intends to list and trade shares of BlackRock’s planned iShares Ethereum Trust.
The update proposes cash-based creation and redemptions instead of in-kind creations and redemptions. This aligns the proposed fund with competing Ethereum ETF applications and previously approved spot Bitcoin ETFs.
Decision due in May
The SEC has punted the deadlines on several Ethereum ETFs in recent weeks and is expected to decide on the applications simultaneously in May.
Expectations around Ethereum ETF approvals are at an all-time low. Bloomberg ETF analyst Eric Balchunas, who initially said the odds of approval stood at 70% earlier in the year, updated his prediction to “a very pessimistic 25%” chance of approval.
Polymarket reports an 11% chance that the SEC will approve an Ethereum ETF by May 31, represented as betting odds.
#Ethereum✅ #ETFApprovalDreams #CryptoTalks #CryptoNews #HOTTRENDS @Crypto Panda @LucieSHIB @Pi Coin @Crypto_Awad @Binance Square Official @Binance Announcement @Ethereum @Ethereum World News
Vitalik Buterin Reminds Everyone About Main Goal of Crypto
Co-founder of Ethereum believes freedom and privacy should be treated as foundation for any digital asset
Ethereum co-founder Vitalik Buterin reminded us that crypto is not about trading digital assets, it is about liberty and decentralization. His statement raises crucial questions about the role of cryptocurrencies in fostering freedom and privacy in the face of global surveillance concerns.
Buterin's assertion underlines a disconcerting trend where individual rights can potentially be compromised by expansive surveillance measures. The fear that governmental powers could misuse such capabilities to monitor adversaries or the public is not unfounded. The ethos of crypto was birthed as a countermeasure to such centralizations of power, aiming to distribute control back to individuals.
However, the cryptocurrency landscape, including Ethereum, faces its paradoxes. Despite the decentralized ideals, a significant portion of Ethereum's transactions have encountered censorship, most notably with compliance to the Office of Foreign Assets Control (OFAC). This contradiction raised a lot of noise in the cryptocurrency community and even became a topic of existential discussion within the Ethereum community.
Ethereum's value has seen considerable volatility after the most recent market-wide correction. Recent trends show resilience after the return above $3,000, but the second-biggest cryptocurrency is yet to show its true potential as the post-halving rally is expected to push the value of ETH at least toward its previous ATH at approximately $5,000.
#Ethereum✅ #CryptoTalks #CryptoNews #HOTTRENDS #Write2Earn @Ethereum World News @Pi Coin @LucieSHIB @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement $ETH
Co-founder of Ethereum believes freedom and privacy should be treated as foundation for any digital asset
Ethereum co-founder Vitalik Buterin reminded us that crypto is not about trading digital assets, it is about liberty and decentralization. His statement raises crucial questions about the role of cryptocurrencies in fostering freedom and privacy in the face of global surveillance concerns.
Buterin's assertion underlines a disconcerting trend where individual rights can potentially be compromised by expansive surveillance measures. The fear that governmental powers could misuse such capabilities to monitor adversaries or the public is not unfounded. The ethos of crypto was birthed as a countermeasure to such centralizations of power, aiming to distribute control back to individuals.
However, the cryptocurrency landscape, including Ethereum, faces its paradoxes. Despite the decentralized ideals, a significant portion of Ethereum's transactions have encountered censorship, most notably with compliance to the Office of Foreign Assets Control (OFAC). This contradiction raised a lot of noise in the cryptocurrency community and even became a topic of existential discussion within the Ethereum community.
Ethereum's value has seen considerable volatility after the most recent market-wide correction. Recent trends show resilience after the return above $3,000, but the second-biggest cryptocurrency is yet to show its true potential as the post-halving rally is expected to push the value of ETH at least toward its previous ATH at approximately $5,000.
#Ethereum✅ #CryptoTalks #CryptoNews #HOTTRENDS #Write2Earn @Ethereum World News @Pi Coin @LucieSHIB @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement $ETH
BITCOIN HALVING
In April 2024, the fourth halving will reduce the mining reward to 3.125 BTC per block. Remarkably, Bitcoin has already breached the $73,000 mark in anticipation of this event. Investors should continue to do their own research and diversify their portfolio."
#bitcoinhalvingn #bitcoin #CryptoTalks #CryptoNews #HOTTRENDS @Bitcoin @Pi Coin @LucieSHIB @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement
In April 2024, the fourth halving will reduce the mining reward to 3.125 BTC per block. Remarkably, Bitcoin has already breached the $73,000 mark in anticipation of this event. Investors should continue to do their own research and diversify their portfolio."
#bitcoinhalvingn #bitcoin #CryptoTalks #CryptoNews #HOTTRENDS @Bitcoin @Pi Coin @LucieSHIB @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement
Binance, world’s largest cryptocurrency exchange, set for India return
Binance has reportedly paid a penalty of $2 million and will come back as an entity registered with the Financial Intelligence Unit (FIU) of the finance ministry.
$BNB
#HOTTRENDS #Binance #CryptoTalks #CryptoNews #TrendigTopic @LucieSHIB @Binance @Crypto Panda @Pi Coin @Feed-Creator-fc871da3b @Crypto_Awad @Binance Square Official @Binance Announcement
Binance has reportedly paid a penalty of $2 million and will come back as an entity registered with the Financial Intelligence Unit (FIU) of the finance ministry.
$BNB
#HOTTRENDS #Binance #CryptoTalks #CryptoNews #TrendigTopic @LucieSHIB @Binance @Crypto Panda @Pi Coin @Feed-Creator-fc871da3b @Crypto_Awad @Binance Square Official @Binance Announcement
Six Shiba Inu Addresses Hold 30,000,000,000,000 SHIB for Over 2 Years
In a notable discovery by The Crypto Basic, on-chain data shows six Shiba Inu addresses have collectively held 30 trillion SHIB tokens worth $663 million for two and a half years without selling a dime.
Despite the ongoing market correction that has pushed Shiba Inu to the $0.000022 support, investors have demonstrated resilience, holding onto their SHIB tokens. In addition, some whale and shark addresses have also continued to procure more tokens in anticipation of a rebound.
Amid persistent market trends, The Crypto Basic analysis from Arkham Intelligence has identified a notable pattern among top SHIB holders. Specifically, data shows that six Shiba Inu wallet addresses each possesses precisely 5 trillion tokens, valued at $110.70 million based on current exchange rates.
This discovery has piqued the curiosity of the community, leading market participants to speculate whether this occurrence is merely coincidental or if all the addresses are affiliated with a single entity, particularly an exchange. However, no on-chain data points to an affiliation with an exchange.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn @LucieSHIB @SHIB POSSESSOR @Binance Announcement @Feed-Creator-fc871da3b @Pi Coin @Crypto_Awad @Binance Square Official @Crypto Panda @Shiba Inu
In a notable discovery by The Crypto Basic, on-chain data shows six Shiba Inu addresses have collectively held 30 trillion SHIB tokens worth $663 million for two and a half years without selling a dime.
Despite the ongoing market correction that has pushed Shiba Inu to the $0.000022 support, investors have demonstrated resilience, holding onto their SHIB tokens. In addition, some whale and shark addresses have also continued to procure more tokens in anticipation of a rebound.
Amid persistent market trends, The Crypto Basic analysis from Arkham Intelligence has identified a notable pattern among top SHIB holders. Specifically, data shows that six Shiba Inu wallet addresses each possesses precisely 5 trillion tokens, valued at $110.70 million based on current exchange rates.
This discovery has piqued the curiosity of the community, leading market participants to speculate whether this occurrence is merely coincidental or if all the addresses are affiliated with a single entity, particularly an exchange. However, no on-chain data points to an affiliation with an exchange.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn @LucieSHIB @SHIB POSSESSOR @Binance Announcement @Feed-Creator-fc871da3b @Pi Coin @Crypto_Awad @Binance Square Official @Crypto Panda @Shiba Inu
Crucial Warning to SHIB Army Made by Shiba Inu Team
One of top Shiba Inu team members has issued important warning to whole SHIB army
The official marketing expert of the Shiba Inu team, Lucie, has taken to the Twitter/X social media platform to give a major warning to the whole SHIB community.
This warning is about the right way to choose projects in which to invest one’s hard-earned funds.
Besides, the marketing lead shared a few tips for new projects to start building on Shibarium in the best possible manner.
#SHIBA🔥 #HOTTRENDS #Write2Earn #CryptoTalks #CryptoNews
@LucieSHIB @Shiba Inu @SHIB POSSESSOR @Crypto_Awad @Binance Square Official @Binance Announcement
$SHIB
One of top Shiba Inu team members has issued important warning to whole SHIB army
The official marketing expert of the Shiba Inu team, Lucie, has taken to the Twitter/X social media platform to give a major warning to the whole SHIB community.
This warning is about the right way to choose projects in which to invest one’s hard-earned funds.
Besides, the marketing lead shared a few tips for new projects to start building on Shibarium in the best possible manner.
#SHIBA🔥 #HOTTRENDS #Write2Earn #CryptoTalks #CryptoNews
@LucieSHIB @Shiba Inu @SHIB POSSESSOR @Crypto_Awad @Binance Square Official @Binance Announcement
$SHIB
Shiba Inu Records Largest Burn in a Month as 650,000,000 SHIB Moves to Dead Wallet
Shiba Inu just recorded its largest burn transaction in over a month, as a single wallet recently sent exactly 650,000,000 SHIB tokens to the burn address.
The Shiba Inu community has upheld the burning campaign despite relative silence, making occasional contributions to help bolster the deflationary trend. As a result, community members and ecosystem projects have continued to send millions of SHIB to the dead wallet.
However, SHIB recently recorded one of the most significant burn transactions in recent times, triggering a spike in the burn rate. Notably, an unknown wallet sent 650 million Shiba Inu to the burn address yesterday at 1:31 AM (UTC).
Details of the Transaction
At the time of the transaction, Shiba Inu changed hands at $0.000021 after recovering from the slump that saw its price collapse to a one-month low of $0.00001830 on April 13. The 650 million SHIB were valued at $13,650 at the time of the transaction, marking the single largest Shiba Inu burn in over a month.
The last time the community saw a more substantial burn was on March 9, when over 3.8 billion Shiba Inu tokens got incinerated. Despite sustained efforts, the community had not witnessed the incineration of up to half a billion tokens until now.
Substantial burns such as this are typically carried out by community-driven projects looking to support the camps. Despite intense investigation, The Crypto Basic could not find any affiliation between the wallet responsible for the latest burn and any community project.
However, on-chain data confirms that the wallet belongs to a long-term Shiba Inu investor who has been interacting with SHIB since last August. While it has a rich history of inflows and outflows involving Shiba Inu, the 650 million burn represents its first burn transaction. The wallet now holds 81 million $SHIB .
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn @LucieSHIB @SHIBA 2026 MILLIONYEAR @Pi Coin @Crypto_Awad @Binance Square Official @Crypto Panda @Binance Announcement
Shiba Inu just recorded its largest burn transaction in over a month, as a single wallet recently sent exactly 650,000,000 SHIB tokens to the burn address.
The Shiba Inu community has upheld the burning campaign despite relative silence, making occasional contributions to help bolster the deflationary trend. As a result, community members and ecosystem projects have continued to send millions of SHIB to the dead wallet.
However, SHIB recently recorded one of the most significant burn transactions in recent times, triggering a spike in the burn rate. Notably, an unknown wallet sent 650 million Shiba Inu to the burn address yesterday at 1:31 AM (UTC).
Details of the Transaction
At the time of the transaction, Shiba Inu changed hands at $0.000021 after recovering from the slump that saw its price collapse to a one-month low of $0.00001830 on April 13. The 650 million SHIB were valued at $13,650 at the time of the transaction, marking the single largest Shiba Inu burn in over a month.
The last time the community saw a more substantial burn was on March 9, when over 3.8 billion Shiba Inu tokens got incinerated. Despite sustained efforts, the community had not witnessed the incineration of up to half a billion tokens until now.
Substantial burns such as this are typically carried out by community-driven projects looking to support the camps. Despite intense investigation, The Crypto Basic could not find any affiliation between the wallet responsible for the latest burn and any community project.
However, on-chain data confirms that the wallet belongs to a long-term Shiba Inu investor who has been interacting with SHIB since last August. While it has a rich history of inflows and outflows involving Shiba Inu, the 650 million burn represents its first burn transaction. The wallet now holds 81 million $SHIB .
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn @LucieSHIB @SHIBA 2026 MILLIONYEAR @Pi Coin @Crypto_Awad @Binance Square Official @Crypto Panda @Binance Announcement
14.8 Trillion Shiba Inu (SHIB) Liquidated in 24 Hours, These Metrics Remain Green
Shiba Inu (SHIB) fights for balance amid 14.8 trillion liquidation record
The crypto market is facing a very bearish stress test with close to $1 billion liquidated across the board. One of the major assets impacted by this trend is Shiba Inu (SHIB) as it has seen a total of $3.63 million in liquidation over the past 24 hours, per CoinGlass data. This liquidation figure amounts to 14.8 trillion worth of SHIB liquidated within this period.
Long traders are those betting on the future growth of the token, a group that saw the larger part of the liquidation, which comes in at $3.45 million. Short traders, who bet on the price fall, also saw a total of $186,400 taken out of circulation as volatility also impacted price action.
The Shiba Inu price drop comes off as a major derailment in its recovery attempt. The token is changing hands for $0.00002425, down by 12.17% in the past 24 hours and by more than 11% for the week. The concerns remain for Shiba Inu as many of its metrics are recording opposite or conflicting growth trends.
While the token has managed to maintain its support at the $0.000023 price mark, the likelihood of headwinds clearing is pegged at an average odd overall.
SHIB metrics in green
Despite the current bearish outlook, some key Shiba Inu metrics are still in the green. Some of these include large transaction counts worth $100,000 or more. Per data from IntoTheBlock (ITB), these large transactions have soared as high as 276.29% in 24 hours to $212.56 million.
The transaction count on the Shiba Inu network also has a 5.62% surge to 5,750, up from 5,200 as of April 10. The last metric with a bullish uptick is the trading volume, which has jumped by $167.03 in 24 hours to $1,199,915,774, a sign that more traders are interested in the asset.
$SHIB
#HOTTRENDS #CryptoTalks #SHIBBreakout #CryptoNews #Write2Earn
@LucieSHIB @SHIBA 2026 MILLIONYEAR @Pi Coin @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @SHIB POSSESSOR
Shiba Inu (SHIB) fights for balance amid 14.8 trillion liquidation record
The crypto market is facing a very bearish stress test with close to $1 billion liquidated across the board. One of the major assets impacted by this trend is Shiba Inu (SHIB) as it has seen a total of $3.63 million in liquidation over the past 24 hours, per CoinGlass data. This liquidation figure amounts to 14.8 trillion worth of SHIB liquidated within this period.
Long traders are those betting on the future growth of the token, a group that saw the larger part of the liquidation, which comes in at $3.45 million. Short traders, who bet on the price fall, also saw a total of $186,400 taken out of circulation as volatility also impacted price action.
The Shiba Inu price drop comes off as a major derailment in its recovery attempt. The token is changing hands for $0.00002425, down by 12.17% in the past 24 hours and by more than 11% for the week. The concerns remain for Shiba Inu as many of its metrics are recording opposite or conflicting growth trends.
While the token has managed to maintain its support at the $0.000023 price mark, the likelihood of headwinds clearing is pegged at an average odd overall.
SHIB metrics in green
Despite the current bearish outlook, some key Shiba Inu metrics are still in the green. Some of these include large transaction counts worth $100,000 or more. Per data from IntoTheBlock (ITB), these large transactions have soared as high as 276.29% in 24 hours to $212.56 million.
The transaction count on the Shiba Inu network also has a 5.62% surge to 5,750, up from 5,200 as of April 10. The last metric with a bullish uptick is the trading volume, which has jumped by $167.03 in 24 hours to $1,199,915,774, a sign that more traders are interested in the asset.
$SHIB
#HOTTRENDS #CryptoTalks #SHIBBreakout #CryptoNews #Write2Earn
@LucieSHIB @SHIBA 2026 MILLIONYEAR @Pi Coin @Crypto Panda @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @SHIB POSSESSOR
We Won't Stop Until Shibarium Hits Top: Shiba Inu Team
Shiba Inu team rep has made bullish Shibarium statement
The official marketing specialist of the Shiba Inu team Lucie has published a bullish tweet full of determination about the team’s goals for Shibarium.
Lucie has assured the Shiba Inu community that the team intends to do their best to see Shibarium succeed in the cryptocurrency market.
"Shibarium to reach top no matter who comes or leaves"
In a recent tweet, Lucie stated that one of the goals of the Shiba Inu team is to see Shibarium on top of the cryptocurrency market, no matter what happens and no matter what partners join the team or leave it. “We won’t stop,” Lucie tweeted, determined.
In the same tweet, Lucie revealed what Shibarium-related assets she holds: SHIB, LEASH, BONE, Shiboshis Poseidon, Sheb Zeus and others.
Lucie believes that the cryptocurrency market will continue to see corrections even during a bull market, especially while the spot cryptocurrency ETF in Hong Kong (or any other spot ETF for that matter) gains approval. Earlier this week, U.Today reported that a spot ETF that will allow investors to gain exposure to Bitcoin and Ethereum is about to be approved in Hong Kong.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn
@LucieSHIB @SHIBA 2026 MILLIONYEAR @Crypto Panda @Feed-Creator-fc871da3b @Pi Coin @Crypto_Awad @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @SHIB POSSESSOR
Shiba Inu team rep has made bullish Shibarium statement
The official marketing specialist of the Shiba Inu team Lucie has published a bullish tweet full of determination about the team’s goals for Shibarium.
Lucie has assured the Shiba Inu community that the team intends to do their best to see Shibarium succeed in the cryptocurrency market.
"Shibarium to reach top no matter who comes or leaves"
In a recent tweet, Lucie stated that one of the goals of the Shiba Inu team is to see Shibarium on top of the cryptocurrency market, no matter what happens and no matter what partners join the team or leave it. “We won’t stop,” Lucie tweeted, determined.
In the same tweet, Lucie revealed what Shibarium-related assets she holds: SHIB, LEASH, BONE, Shiboshis Poseidon, Sheb Zeus and others.
Lucie believes that the cryptocurrency market will continue to see corrections even during a bull market, especially while the spot cryptocurrency ETF in Hong Kong (or any other spot ETF for that matter) gains approval. Earlier this week, U.Today reported that a spot ETF that will allow investors to gain exposure to Bitcoin and Ethereum is about to be approved in Hong Kong.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn
@LucieSHIB @SHIBA 2026 MILLIONYEAR @Crypto Panda @Feed-Creator-fc871da3b @Pi Coin @Crypto_Awad @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @SHIB POSSESSOR
Shytoshi Kusama's Crucial New Message Shared by SHIB Team
Shiba Inu lead sends important new message to SHIB army
The mysterious Shiba Inu lead known to the community as Shytoshi Kusama has addressed the SHIB community in a recent message, commenting on the most recent major collaboration started by Shiba Inu.
In the meantime, this week, the SHIB army has successfully burned hundreds of millions of meme coins.
Shytoshi Kusama's important message
The enigmatic SHIB leader has commented on the recently initiated cooperation of the SHIB team with CDSA (Content Delivery Security Association). This collaboration will help Shiba Inu to explore the prospects of blockchain use in the sphere of media and entertainment.
Kusama’s message to the community was shared by the official social media marketing expert of SHIB known as Lucie. In it, Shytoshi also mentioned that SHIB’s collaboration will help executives in the aforementioned spheres to “better utilize these innovative technologies, especially as blockchain and artificial intelligence converge.”
CDSA is a nonprofit organization that works internationally. Founded in 1970, it provides best practices for the delivery and storage of information technology, entertainment and software. The organization makes a point of focusing on content security, protection and authenticity.
Thanks to SHIB joining CDSA, the latter should be able to improve its focus and provide it with the SHIB team’s insights and expertise on utilizing blockchain technology for their work.
Hundreds of millions of SHIB roasted
According to data shared by the Shibburn data tracker, within the past seven days, the SHIB community has disposed of almost 300 million meme coins – 272,441,541 SHIB in total, thus driving the overall weekly burn rate up by 13.2%.
As for the past 24 hours, during this time, the Shiba Inu army has successfully roasted a tiny 3,044,312 SHIB, sending them to unspendable blockchain wallets – minus 95.54% in the burn rate.
On Thursday, this metric soared by 48,554%, with 87,760,994 $SHIB locked in unspendable wallet
Shiba Inu lead sends important new message to SHIB army
The mysterious Shiba Inu lead known to the community as Shytoshi Kusama has addressed the SHIB community in a recent message, commenting on the most recent major collaboration started by Shiba Inu.
In the meantime, this week, the SHIB army has successfully burned hundreds of millions of meme coins.
Shytoshi Kusama's important message
The enigmatic SHIB leader has commented on the recently initiated cooperation of the SHIB team with CDSA (Content Delivery Security Association). This collaboration will help Shiba Inu to explore the prospects of blockchain use in the sphere of media and entertainment.
Kusama’s message to the community was shared by the official social media marketing expert of SHIB known as Lucie. In it, Shytoshi also mentioned that SHIB’s collaboration will help executives in the aforementioned spheres to “better utilize these innovative technologies, especially as blockchain and artificial intelligence converge.”
CDSA is a nonprofit organization that works internationally. Founded in 1970, it provides best practices for the delivery and storage of information technology, entertainment and software. The organization makes a point of focusing on content security, protection and authenticity.
Thanks to SHIB joining CDSA, the latter should be able to improve its focus and provide it with the SHIB team’s insights and expertise on utilizing blockchain technology for their work.
Hundreds of millions of SHIB roasted
According to data shared by the Shibburn data tracker, within the past seven days, the SHIB community has disposed of almost 300 million meme coins – 272,441,541 SHIB in total, thus driving the overall weekly burn rate up by 13.2%.
As for the past 24 hours, during this time, the Shiba Inu army has successfully roasted a tiny 3,044,312 SHIB, sending them to unspendable blockchain wallets – minus 95.54% in the burn rate.
On Thursday, this metric soared by 48,554%, with 87,760,994 $SHIB locked in unspendable wallet
765 Billion Shiba Inu (SHIB) Tokens in 24 Hours: What's Happening?
Shiba Inu sees surge of activity as asset nears key point on chart
A massive amount of Shiba Inu tokens has been on the move. In the last 24 hours, 765 billion SHIB tokens were found being transferred between large entities on the market.
Most of these SHIB tokens are being sent to trading platforms like Coinbase, which often means that the holders might be getting ready to sell. If lots of tokens are being moved to be sold, SHIB's price might face a substantial surge of pressure, which is the last thing the token needs right now.
Looking at the detailed transaction history, we can see huge amounts — ranging from about 45 billion to over 123 billion SHIB — landing in the hands of major trading apps and platforms.
From a technical perspective, there is a distinguishable triangle pattern forming. This means the price has been bouncing between higher lows and lower highs, coming to a point where it has to break out. Think of it like a coiled spring that is ready to jump out in either direction.
The chart shows two important price levels to keep an eye on: one where the price struggles, with resistance at around $0.000029, and another where it does not seem to fall below, near $0.000019. Right now, SHIB is trading above the key moving averages, which may be a positive sign for those holding the token.
For now, if the trend shows more signs of selling, the price could head toward the lower support level. On the flip side, if SHIB breaks out above the triangle pattern, we might see the price rise and test new highs.
As the activity of whales and large traders surges, we might see Shiba Inu's volatility increase on par with it. The market could be on the verge of a prolonged recovery, and the surge in Shiba Inu transactions might be a precursor to a bullish reversal for the token.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn
@LucieSHIB @Crypto Panda @SHIBA 2026 MILLIONYEAR @Pi Coin @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @SHIBA 2026 MILLIONYEAR
Shiba Inu sees surge of activity as asset nears key point on chart
A massive amount of Shiba Inu tokens has been on the move. In the last 24 hours, 765 billion SHIB tokens were found being transferred between large entities on the market.
Most of these SHIB tokens are being sent to trading platforms like Coinbase, which often means that the holders might be getting ready to sell. If lots of tokens are being moved to be sold, SHIB's price might face a substantial surge of pressure, which is the last thing the token needs right now.
Looking at the detailed transaction history, we can see huge amounts — ranging from about 45 billion to over 123 billion SHIB — landing in the hands of major trading apps and platforms.
From a technical perspective, there is a distinguishable triangle pattern forming. This means the price has been bouncing between higher lows and lower highs, coming to a point where it has to break out. Think of it like a coiled spring that is ready to jump out in either direction.
The chart shows two important price levels to keep an eye on: one where the price struggles, with resistance at around $0.000029, and another where it does not seem to fall below, near $0.000019. Right now, SHIB is trading above the key moving averages, which may be a positive sign for those holding the token.
For now, if the trend shows more signs of selling, the price could head toward the lower support level. On the flip side, if SHIB breaks out above the triangle pattern, we might see the price rise and test new highs.
As the activity of whales and large traders surges, we might see Shiba Inu's volatility increase on par with it. The market could be on the verge of a prolonged recovery, and the surge in Shiba Inu transactions might be a precursor to a bullish reversal for the token.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn
@LucieSHIB @Crypto Panda @SHIBA 2026 MILLIONYEAR @Pi Coin @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @SHIBA 2026 MILLIONYEAR
Shiba Inu (SHIB) Skyrockets into Top Ranks With New Major Index Inclusion
WOO X announces launch of index perpetual contracts, featuring meme coins such as Shiba Inu (SHIB)
Crypto exchange WOO X has made headlines in the digital currency sphere today by unveiling a pioneering set of index perpetual contracts, marking a significant shift in the landscape of cryptocurrency trading. Teaming up with renowned market maker Wintermute and indices provider GMCI, WOO X now offers traders access to a diverse array of indices, including those tied to meme coins, top cryptocurrencies and tokens of layer-2 networks.
Among the notable additions is the GMCI MEME index, which showcases the most prominent meme coins, such as Shiba Inu (SHIB), Dogwifhat (WIF) and Dogecoin (DOGE). SHIB, with its staggering $16.22 billion market capitalization, has surged to become the 12th largest cryptocurrency overall. Notably, SHIB commands a substantial 27% share of the meme coin segment, valued at approximately $59.89 billion.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn
@LucieSHIB @Crypto Panda @Pi Coin @SHIBA 2026 MILLIONYEAR @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu
WOO X announces launch of index perpetual contracts, featuring meme coins such as Shiba Inu (SHIB)
Crypto exchange WOO X has made headlines in the digital currency sphere today by unveiling a pioneering set of index perpetual contracts, marking a significant shift in the landscape of cryptocurrency trading. Teaming up with renowned market maker Wintermute and indices provider GMCI, WOO X now offers traders access to a diverse array of indices, including those tied to meme coins, top cryptocurrencies and tokens of layer-2 networks.
Among the notable additions is the GMCI MEME index, which showcases the most prominent meme coins, such as Shiba Inu (SHIB), Dogwifhat (WIF) and Dogecoin (DOGE). SHIB, with its staggering $16.22 billion market capitalization, has surged to become the 12th largest cryptocurrency overall. Notably, SHIB commands a substantial 27% share of the meme coin segment, valued at approximately $59.89 billion.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoTalks #CryptoNews #Write2Earn
@LucieSHIB @Crypto Panda @Pi Coin @SHIBA 2026 MILLIONYEAR @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu
SHIB Burn Rate Skyrockets 1,344% Amid Significant Price Shift
Shiba Inu burn rate soars by staggering 1,344%, stoking optimism for SHIB price
In an intriguing development within the Shiba Inu (SHIB) ecosystem, the SHIB burn rate has surged dramatically by a staggering 1,344%.
This remarkable increase in token-burning activity comes at a key moment for SHIB investors, as the price of the dog-themed cryptocurrency appears to be on the verge of a significant shift.
According to the Shibburn X handle, 135,451,536 SHIB tokens were burned in 12 transactions in the past 24 hours. This amounted to $3,868.50 in monetary terms, with the SHIB burn rate soaring by a whopping 1,344.14%.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoNews #CryptoTalks #Write2Earn
@Pi Coin @Crypto Panda @Dogememe_News @LucieSHIB @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @SHIBA 2026 MILLIONYEAR @SHIB POSSESSOR
Shiba Inu burn rate soars by staggering 1,344%, stoking optimism for SHIB price
In an intriguing development within the Shiba Inu (SHIB) ecosystem, the SHIB burn rate has surged dramatically by a staggering 1,344%.
This remarkable increase in token-burning activity comes at a key moment for SHIB investors, as the price of the dog-themed cryptocurrency appears to be on the verge of a significant shift.
According to the Shibburn X handle, 135,451,536 SHIB tokens were burned in 12 transactions in the past 24 hours. This amounted to $3,868.50 in monetary terms, with the SHIB burn rate soaring by a whopping 1,344.14%.
$SHIB
#HOTTRENDS #SHIBBreakout #CryptoNews #CryptoTalks #Write2Earn
@Pi Coin @Crypto Panda @Dogememe_News @LucieSHIB @Crypto_Awad @Binance Square Official @Binance Announcement @Shiba Inu @SHIBA 2026 MILLIONYEAR @SHIB POSSESSOR
Dogecoin Price Prediction: When is the DOGE Bull Run Starting?
Dogecoin still has a lot of room for growth, but the memecoin must first break above the $0.20 range before hitting new ATHs.
DOGE’s price has been consolidating within a narrow trading range, around $0.20. This is a crucial psychological level that the asset surpassed two weeks ago. The last time DOGE was priced above this level was in November 2021.
In terms of metrics, DOGE is throwing mixed numbers. The price on the monthly scale is up 20%, but market capitalization is down to $29 billion as 24-hour trading volumes across exchanges are also in the red, falling to 9% at $2.2 billion.
Dogecoin is ‘Following the Plan’
Despite the consolidation, analysts believe DOGE’s next bull run will start sooner rather than later.
Renowned crypto trader Rekt Capital suggests the primary memecoin is going through a retesting phase at the $0.20 level on the monthly timeframe.
The analyst pointed out a downside wick displayed on the monthly chart, which means a retest of a bull flag pattern on the weekly timeframe.
Previously, the analyst had warned about volatility around the $0.20 mark. A successful break above such a crucial level would mean further upside potential, more specifically upwards of $0.30. Other market observers like Mikybull Crypto share equally bullish views.
Rekt Capital is not the only analyst forecasting bullish action for the DOGE. As the father of all memecoins consolidates, traders are predicting prices of over $1, as the coin mirrors previous cycles.
As CryptoPotato reported, some analysts believe that DOGE could be on the verge of a new rally towards new peaks, targeting prices above $2, $9, and even $40.
$DOGE
#HOTTRENDS #DOGE🔥🔥 #CryptoNews #CryptoTalks #Write2Earn
@Crypto Panda @Dogememe_News @Pi Coin @Feed-Creator-fc871da3b @LucieSHIB @Crypto_Awad @Binance Square Official @Binance Announcement @Doge Coin
Dogecoin still has a lot of room for growth, but the memecoin must first break above the $0.20 range before hitting new ATHs.
DOGE’s price has been consolidating within a narrow trading range, around $0.20. This is a crucial psychological level that the asset surpassed two weeks ago. The last time DOGE was priced above this level was in November 2021.
In terms of metrics, DOGE is throwing mixed numbers. The price on the monthly scale is up 20%, but market capitalization is down to $29 billion as 24-hour trading volumes across exchanges are also in the red, falling to 9% at $2.2 billion.
Dogecoin is ‘Following the Plan’
Despite the consolidation, analysts believe DOGE’s next bull run will start sooner rather than later.
Renowned crypto trader Rekt Capital suggests the primary memecoin is going through a retesting phase at the $0.20 level on the monthly timeframe.
The analyst pointed out a downside wick displayed on the monthly chart, which means a retest of a bull flag pattern on the weekly timeframe.
Previously, the analyst had warned about volatility around the $0.20 mark. A successful break above such a crucial level would mean further upside potential, more specifically upwards of $0.30. Other market observers like Mikybull Crypto share equally bullish views.
Rekt Capital is not the only analyst forecasting bullish action for the DOGE. As the father of all memecoins consolidates, traders are predicting prices of over $1, as the coin mirrors previous cycles.
As CryptoPotato reported, some analysts believe that DOGE could be on the verge of a new rally towards new peaks, targeting prices above $2, $9, and even $40.
$DOGE
#HOTTRENDS #DOGE🔥🔥 #CryptoNews #CryptoTalks #Write2Earn
@Crypto Panda @Dogememe_News @Pi Coin @Feed-Creator-fc871da3b @LucieSHIB @Crypto_Awad @Binance Square Official @Binance Announcement @Doge Coin
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