Breaking News for $SHIB Holders! The Shiba Inu team is making waves with a game-changing announcement: 99% of the total $shib supply is set to be burned!
Why is this Huge for Shiba Inu?
Token burns significantly impact supply and demand dynamics. Here’s what it could mean for $SHIB:
1️⃣ A Leaner Supply Fewer tokens in circulation can mean higher value per token if demand remains strong.
2️⃣ Price Potential Reducing supply often sparks interest, possibly driving a surge in $SHIB’s price.
3️⃣ Strengthening Trust This bold move signals the team’s dedication to $SHIB’s future, building confidence in the community.
What’s Next for $SHIB ?
A 99% burn is monumental, but the market remains unpredictable. While there’s no guarantee, this could mark a turning point for Shiba Inu’s journey.
Stay alert, $SHIB Army—the excitement is just beginning!
Follow for more updates and insights as this story develops. #shiba⚡
As of December 3rd, 2024, NOT/USDT is trading at $0.008793, showing a modest increase of +2.54% in the last 24 hours. The 6-hour chart reveals a pattern of consolidation with the price hovering around the middle Bollinger Band, suggesting a period of reduced volatility after a recent peak at $0.010658.
The 24-hour trading volume is robust, with 7.70B NOT tokens traded, indicating strong interest. However, the price has tested both support near $0.0081 and resistance at $0.009 multiple times, hinting at a breakout potential.
For mid-December (15-16), based on current technicals and Bollinger Band trends, a possible upward price movement could emerge if buying pressure sustains, with a target range between $0.0091 and $0.0095. Traders should watch for increased volatility near these resistance levels and monitor trading volumes for confirmation.
Whales Are Buying These 4 Altcoins: Bullish Breakouts on the Horizon
Top Altcoins Likely to Register Bullish Breakout Soon
Curve DAO (CRV) #CRVUSDT
According to the on-chain intelligence platform Santiment, Curve DAO (CRV) is one of the mid-cap altcoins that have registered a huge proliferation of whale investors.
#mememcoinseason2024 (MEME)
Memecoin (MEME), a fast-growing NFT-oriented memecoin ecosystem backed by the 9GAG community, has registered a plethora of whale traders in the recent past. The Binance-listed memecoin, with a fully diluted valuation of about $1.1B and a daily average traded volume of around $241M, takes price in nearly 1 million on-chain holders.
#LayerZero (ZRO)
LayerZero (ZRO), a fast-growing interoperability protocol that connects blockchains, has registered huge growth in the recent past. As a result, the ZRO token has attracted notable attention from whale investors.
#Trustwallet (TWT)
Trust Wallet (TWT), a web3 wallet backed by Binance exchange, has grown to millions of global users in the recent past. The native token, TWT), has been forming a macro-bullish pennant, amid rising demand from whale investors.#CryptoNewss
#2024WithBinance Cryptocurrency, a digital or virtual form of currency, has emerged as a revolutionary force in the world of finance. Unlike traditional currencies issued by governments and controlled by central banks, cryptocurrencies are decentralized and rely on blockchain technology for their operation. Since the advent of Bitcoin in 2009, the cryptocurrency market has grown exponentially, giving rise to thousands of alternative digital currencies and transforming the way we think about money, investment, and financial systems.
$ETH If you can't hold the coins in your hand, then take a good look at this legend! 🔥🔥🔥 Let's revisit the glorious history of SHIB: 1. On August 1, 2020, an investment of $1000 kicked off a legendary journey in the crypto world! 2. By the end of August, it suffered a major drop, but the price stubbornly held at $550; However, from the end of September to the end of the year, it plunged to a low of just $1.96, giving people a cold sweat! But at the end of January 2021, it suddenly rebounded, soaring to $19607, leaving people dumbfounded! 3. By the end of March, it skyrocketed to $98039, igniting excitement! And by the end of April, it astonishingly surged to an incredible $3725490, creating a myth in the crypto world!
#ETHOnTheRise If you can't hold the coins in your hand, then take a good look at this legend! 🔥🔥🔥 Let's revisit the glorious history of SHIB: 1. On August 1, 2020, an investment of $1000 kicked off a legendary journey in the crypto world! 2. By the end of August, it suffered a major drop, but the price stubbornly held at $550; However, from the end of September to the end of the year, it plunged to a low of just $1.96, giving people a cold sweat! But at the end of January 2021, it suddenly rebounded, soaring to $19607, leaving people dumbfounded! 3. By the end of March, it skyrocketed to $98039, igniting excitement! And by the end of April, it astonishingly surged to an incredible $3725490, creating a myth in the crypto world!
#BSCOnTheRise 1. Bitcoin's ETF Success: Bitcoin ETFs have seen rapid adoption, with BlackRock's Bitcoin Trust amassing $10 billion in assets in just weeks, fueling institutional interest. This momentum has strengthened Bitcoin's position as a leading digital asset Near Record Prices: Bitcoin is trading around $70,000, approaching its all-time high. Analysts predict prices could reach $90,000 to $100,000 by the end of the year Upcoming Halving Event: In April 2024, Bitcoin's mining rewards will halve, reducing supply. Historically, such events have triggered significant price increases within months Institutional Interest: Rising demand for Bitcoin from institutional investors and retail traders has pushed trading volumes to record highs
$BTC Macro-Economic Tailwinds: Persistently high inflation and favorable regulatory developments have bolstered Bitcoin's appeal as a hedge against economic instability
#AIAndGameFiBoom BTC (Bitcoin) remains the dominant cryptocurrency in the market and is often paired with other coins for trading. A BTC trading pair, such as BTC/ETH or BTC/USDT, allows traders to exchange Bitcoin for other cryptocurrencies or stablecoins. BTC pairs are highly liquid, making them a popular choice for trading.
When trading BTC pairs, it’s important to analyze market trends, volume, and price movements to identify profitable opportunities. Bitcoin’s volatility can significantly influence the value of the paired asset, so keeping an eye on BTC’s price is crucial. Whether you're diversifying your portfolio or hedging against volatility, BTC pairs offer flexibility and opportunities for growth in the dynamic cryptocurrency market. Always trade responsibly and stay informed!
$BTC #ThanksgivingBTCMoves 9Bitcoin is a decentralized digital currency introduced in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It operates on blockchain technology, a distributed ledger that ensures transparency and security by recording all transactions publicly. Unlike traditional currencies, Bitcoin is not controlled by any government or central authority, making it immune to inflation or manipulation. Transactions are peer-to-peer and rely on cryptographic principles, enabling secure and anonymous exchanges without intermediaries like banks. Bitcoin is mined through a process where powerful computers solve complex mathematical problems to validate transactions and secure the network.
#ThanksgivingBTCMoves Bitcoin is a decentralized digital currency introduced in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It operates on blockchain technology, a distributed ledger that ensures transparency and security by recording all transactions publicly. Unlike traditional currencies, Bitcoin is not controlled by any government or central authority, making it immune to inflation or manipulation. Transactions are peer-to-peer and rely on cryptographic principles, enabling secure and anonymous exchanges without intermediaries like banks. Bitcoin is mined through a process where powerful computers solve complex mathematical problems to validate transactions and secure the network. Known for its limited supply of 21 million coins, Bitcoin has become a popular investment asset and a foundation for the broader cryptocurrency ecosystem.
#BTC☀ Bitcoin is a decentralized digital currency introduced in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It operates on blockchain technology, a distributed ledger that ensures transparency and security by recording all transactions publicly. Unlike traditional currencies, Bitcoin is not controlled by any government or central authority, making it immune to inflation or manipulation. Transactions are peer-to-peer and rely on cryptographic principles, enabling secure and anonymous exchanges without intermediaries like banks. Bitcoin is mined through a process where powerful computers solve complex mathematical problems to validate transactions and secure the network. Known for its limited supply of 21 million coins, Bitcoin has become a popular investment asset and a foundation for the broader cryptocurrency ecosystem.