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Crypto Web3 Today
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Subscribe to AirDrop Coin BWB. How to get this Airdrop. Download the Bitget Wallet application from the Google Play Store, and register. After registrer on application Click a Airdrop BWB and used this code. Invite:  GZ4ndu Used the invite code for get 50 Free point. Good luck For everbody. Kindly show your support by following, liking, sharing, and commenting.

Subscribe to AirDrop Coin BWB.

How to get this Airdrop.

Download the Bitget Wallet application from the Google Play Store, and register.

After registrer on application Click a Airdrop BWB and used this code.

Invite:  GZ4ndu

Used the invite code for get 50 Free point.

Good luck For everbody.

Kindly show your support by following, liking, sharing, and commenting.

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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SHIB, BONK, WIF's Sudden Price Jumps; What's Behind Them? The cryptocurrency market has recently seen a substantial price increase in several tokens, including Shiba Inu (SHIB), Bonk (B ONK) and Dogwifhat (WIF). This surprising rally follows weaker-than- expected April jobs data, prompting speculators to shift their bets into riskier assets, including cryptocurrencies. Nonfarm payrolls grew by 175,000 in April, falling short of the Dow Jones consensus projection of 240,000. The unemployment rate rose to 3.9%, defying forecasts that it would remain at 3.8%. A broader jobless rate edged up to 7.4%, the highest level since November 2021. Following the news, traders priced in a high probability of two interest rate cuts before the end of 2024. Shiba Inu price action. Dog-themed cryptocurrency Shiba Inu (SHIB) rose by 8% following the data release. At the time of writing, SHIB was up 5.88% in the last 24 hours to $0.00002382. If Shiba Inu ends higher today, it will be the third consecutive day of advances since May 1. The token's market capitalization has risen, indicating a larger recovery on the cryptocurrency market. The price increase also coincides with the completion of the Shibarium hard fork. Shiba Inu layer 2 Shibarium has completed its hard fork at block height 4504576, which will usher in lightning-fast transactions and predictable gas prices. BONK's price action. Solana dog coin Bonk (BONK) initiated a bullish reversal from lows of $0.00002062 on May 1. The asset is currently on a recovery path, riding a wave of bullish momentum sweeping the broader crypto market. At the time of writing, BONK was up 12.41% in the last 24 hours to $0.000028 and is set to mark its third consecutive day of gains. WIF price action. Dogwifhat (WIF), a meme coin based on Solana, has also seen a price increase, rising 9% in the last 24 hours to trade at $2.94 as of press time. WIF began a rebound from its lows of $2.29 on May 1 and has maintained bullish momentum.
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Ethereum (ETH) Price Prediction for May 3. ETH/USD. The rate of Ethereum (ETH) has increased by 1.38% over the past 24 hours. On the hourly chart, the price of ETH has broken the local resistance level of $3,015. If the daily bar closes above it, the upward move may continue to the $3,100 zone on the weekend. On the bigger time frame, the rate of the main altcoin keeps rising after a false breakout of the support level of $2,852. If the candle closes above yesterday's peak with no long wick, growth may lead to the test of the $3,100-$3,150 area soon. From the midterm point of view, one should pay attention to the weekly candle closure. If it happens far from $2,900, buyers might seize the initiative that can lead to a bounce back to $3,200. Ethereum is trading at $3,083 at press time.
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SHIB Burns on Fire After Shiba Inu Team Performs Hard Fork. According to data provided by the Shibburn meme coin wallet tracker, a large amount of SHIB has been burned since yesterday morning. This burn increase has driven the SHIB burn rate far up. The drastic increase in the burn rate took place after the Shiba Inu team performed the first hard fork on its layer-2 blockchain, Shibarium. Burn rate skyrockets 15x - 616%. The above-stated source of data has shared that within the period of the last 24 hours, the burn rate of popular meme- inspired cryptocurrency Shiba Inu has seen a drastic surge from +43% to 616.15%, thanks to a single transaction. Overall, the SHIB community has transferred to unspendable blockchain wallets 18,663,708 SHIB. The largest transaction took place roughly an hour ago, carrying 14,943,135 SHIB to a dead address. SHIB member reveals Ryoshi's major burn "secret". This week, the Shiba Inu team's marketing expert Lucie reminded the community about one of the things done by enigmatic SHIB founder Ryoshi in relation to token burns. She responded to a tweet from an X platform user who tagged Shytoshi Kusama, asking him about the continuation of SHIB burns by the team. Lucie stepped into the conversation, stating that it is user activity on Shibarium that allows developers to destroy meme coins. Lucie stated that Ryoshi burned his keys to the SHIB supply, thus depriving himself of the chance to send as many tokens as he perhaps wanted. The mysterious founder meant to say, per Lucie, that "for anything to be burned, it must first be purchased.” The team insider then clarified this for the X user, saying: "In order to conduct burns, you need to generate income to facilitate the process." SHIB conducts hard fork. According to a recent tweet issued by the Shiba Inu account, the SHIB team has completed a hard fork on the Shibarium blockchain. This remarkable upgrade promises much faster transactions than before, and also gas fees that are "predictable for everyone."
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Bitcoin (BTC) Reclaims $60,000 as Crucial Metric Points to Price Rebound. In a dramatic turn of events following a tumultuous week for the cryptocurrency market, Bitcoin (BTC) has managed to claw its way back above the $60,000 threshold after briefly plunging near $57,000. This resurgence comes amid cautious optimism as a key metric suggests a potential rebound in the near term. As of the latest data from CoinMarketCap, Bitcoin is currently trading at $60,128, marking a 2.29% increase over the past 24 hours. The recovery follows a period of intense volatility that saw the world's largest cryptocurrency experiencing a sharp correction earlier in the week. CryptoQuant, a leading on-chain analytics platform, recently shared insights suggesting a possible short-term rebound for the BTC price. According to its analysis, the movements of short-term investors hold significant sway over Bitcoin's price fluctuations. Bitcoin to end bearish run? The indicator cited, known as the Bollinger Band applied to SOPR (Spent Output Profit Ratio) on-chain data, offers valuable insights into market sentiment and potential price trends. CryptoQuant highlighted the relationship between short-term SOPR and Bitcoin's price dynamics, particularly in bull markets. The analysis suggests that during bull runs, a short-term rebound often coincides with the short-term SOPR reaching the bottom of the Bollinger Band. Notably, amid the current market adjustment, sentiment among general investors has been subdued, leading to a cooling down of overheated conditions. Consequently, experts anticipate a rebound in Bitcoin's price following this adjustment period. While short-term fluctuations are inevitable in the world of cryptocurrencies, many experts believe that Bitcoin's underlying fundamentals and the broader macroeconomic landscape bode well for its future trajectory.
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4 Trillion PEPE Mysteriously Bought on Top Centralized Exchange as Price Jumps 17.4%. Whale Alert cryptocurrency tracker has purchased a mind-blowing amount of meme cryptocurrency Pepe on a major crypto exchange in Turkey. Several trillion Pepe have been withdrawn to an anonymous digital wallet. This massive transaction was made after Pepe coin demonstrated a major price surge followed by a small correction. 4 trillion Pepe leave Paribu exchange. Slightly more than three hours ago, an anonymous investor purchased a mammoth-sized amount of popular meme coin Pepe on leading Turkish cryptocurrency exchange Paribu. The whale withdrew a staggering 4,049,371,347,309 PEPE. This amount of crypto is evaluated at $31,091,073. Paribu boasts almost five million active users and has been operating on the market since 2017 - the year when Bitcoin soared to the $20,000 all-time high. The platform provides support for more than 60 cryptocurrencies traded against Turkish lira and stablecoins. Another major purchase of PEPE took place on Binance earlier this week. On May 3, an anonymous whale withdrew 331.3 billi on PEPE to his wallet after paying $2.24 million for that meme coin chunk. In the past four days, this whale has withdrawn 660.7 billion PEPE worth $4.57 million from the Binance and MEXC exchanges. PEPE skyrockets over 17%. Pepe continues its price ascent, started earlier this week. Over the past 24 hours, the prominent meme coin has increased by more than 17%, soaring to $0.00000174. This was followed by a 4% decline. However, over the past hour, PEPE printed a large green candle on an hourly chart, surging by 5.11%. At press time, the coin is trading at $0.00000801. This is a whopping 31.5% price surge since Wednesday this week. One of the factors that has driven this price surge is the major U.S. exchange Kraken adding a PEPE-based margin pair, exposing the cryptocurrency to millions of traders.
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