Crypto Maker007
66 Suivis
53 Abonnés
58 J’aime
1 Partagé(s)
Publications
It’s time to free income. just click and join this airdrop and start earning. It's the most valuable airdrop which will be you a millionaire. Please click and join.
t.me/seed_coin_bot/app?startapp=6281309638
t.me/seed_coin_bot/app?startapp=6281309638
The next upcoming coin in Crypto market like as Dogs coin. Free airdrop. If you interested, please this airdrop.
https://t.me/blum/app?startapp=ref_MCCykZkzpJ
https://t.me/blum/app?startapp=ref_MCCykZkzpJ
Silent 8$ Million Bitcoin Whale Awakens and does this
A Bitcoin address holding 140 BTC, worth more than $8 million today, has reemerged after a decade of inactivity, according to blockchain tracker Whale Alert. The address, dubbed "1BLoHu," first received 140 BTC in 2013, when it was worth about $107,000.
As mentioned, the transaction 11 years ago originated from another address, "1aWmn," which also had a remaining balance of 180 BTC. While 140 BTC were transferred to "1BLoHu", public records show that another 40 BTC were transferred to Okcoin.
Today, the latest activity saw "1aWmn" transfer the dormant 140 BTC from "1BLoHu" to a new address, "bc1q66." The identity of "bc1q66" and the intended use of the transferred funds remain unknown, fueling speculation within the community.
This sudden movement of a significant amount of Bitcoin after such a long period of time has sparked various theories. Some speculate that the original owner may be cashing in on the substantial appreciation of his investment, worth $8 million to be exact.
Others theorize that it could be a wealth redistribution strategy, or a security measure in response to advances in blockchain analysis techniques.
This is because the shift from the legacy address format "1" to the more modern "bc1" format is seen as a move toward improved security and efficiency. The "bc1" format, also known as Bech32, offers benefits such as better error detection and a more user-friendly structure, which could be reasons for the move.
A Bitcoin address holding 140 BTC, worth more than $8 million today, has reemerged after a decade of inactivity, according to blockchain tracker Whale Alert. The address, dubbed "1BLoHu," first received 140 BTC in 2013, when it was worth about $107,000.
As mentioned, the transaction 11 years ago originated from another address, "1aWmn," which also had a remaining balance of 180 BTC. While 140 BTC were transferred to "1BLoHu", public records show that another 40 BTC were transferred to Okcoin.
Today, the latest activity saw "1aWmn" transfer the dormant 140 BTC from "1BLoHu" to a new address, "bc1q66." The identity of "bc1q66" and the intended use of the transferred funds remain unknown, fueling speculation within the community.
This sudden movement of a significant amount of Bitcoin after such a long period of time has sparked various theories. Some speculate that the original owner may be cashing in on the substantial appreciation of his investment, worth $8 million to be exact.
Others theorize that it could be a wealth redistribution strategy, or a security measure in response to advances in blockchain analysis techniques.
This is because the shift from the legacy address format "1" to the more modern "bc1" format is seen as a move toward improved security and efficiency. The "bc1" format, also known as Bech32, offers benefits such as better error detection and a more user-friendly structure, which could be reasons for the move.
Chinese Bank Executives Laundered $248 Million Through Crypto
High-Profile Money Laundering Case Highlights Growing Scrutiny on Cryptocurrency Transactions
Two former executives from a Chinese bank have been accused of laundering $248 million through cryptocurrency. The high-profile case has drawn attention to the increasing use of digital currencies in financial crimes. Authorities are intensifying efforts to track and regulate crypto transactions to prevent such illicit activities. This case underscores the challenges faced by regulators in monitoring the rapidly evolving crypto market.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
High-Profile Money Laundering Case Highlights Growing Scrutiny on Cryptocurrency Transactions
Two former executives from a Chinese bank have been accused of laundering $248 million through cryptocurrency. The high-profile case has drawn attention to the increasing use of digital currencies in financial crimes. Authorities are intensifying efforts to track and regulate crypto transactions to prevent such illicit activities. This case underscores the challenges faced by regulators in monitoring the rapidly evolving crypto market.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
Crypto Exchange Plans $321 Million Fundraise After Hack
DMM Bitcoin seeks to raise funds to compensate customers affected by a major security breach.
Japanese crypto exchange DMM Bitcoin has announced a fundraising plan of 50 billion yen ($321 million) to compensate customers following a significant hack that resulted in the loss of 4,502.9 Bitcoin. The funds will be raised through a capital increase and subordinated debt from group companies. This breach, one of the largest in Japan's crypto history, has prompted an investigation by Japan’s Financial Services Agency. Despite this setback, the overall crypto sector shows resilience with reduced crime-related losses in 2024.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
DMM Bitcoin seeks to raise funds to compensate customers affected by a major security breach.
Japanese crypto exchange DMM Bitcoin has announced a fundraising plan of 50 billion yen ($321 million) to compensate customers following a significant hack that resulted in the loss of 4,502.9 Bitcoin. The funds will be raised through a capital increase and subordinated debt from group companies. This breach, one of the largest in Japan's crypto history, has prompted an investigation by Japan’s Financial Services Agency. Despite this setback, the overall crypto sector shows resilience with reduced crime-related losses in 2024.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
DWF Labs Acquires $12 Million Worth of Floki Tokens
Significant investment signals growing confidence in meme coin potential.
In a notable development within the cryptocurrency market, DWF Labs has purchased $12 million worth of Floki tokens. This substantial acquisition reflects the increasing interest and confidence in meme coins, which have demonstrated considerable volatility and potential for high returns. The investment by DWF Labs, a major player in the crypto investment space, suggests a strategic move to capitalize on the growing popularity and market dynamics surrounding meme coins like Floki.
This move aligns with the broader trend of significant investments in meme coins and other high-risk, high-reward assets within the crypto market. The purchase is expected to influence Floki's market performance, potentially driving further interest and investments in the token. As the market for meme coins continues to evolve, such high-profile acquisitions underscore the potential for substantial gains and the inherent risks involved
Significant investment signals growing confidence in meme coin potential.
In a notable development within the cryptocurrency market, DWF Labs has purchased $12 million worth of Floki tokens. This substantial acquisition reflects the increasing interest and confidence in meme coins, which have demonstrated considerable volatility and potential for high returns. The investment by DWF Labs, a major player in the crypto investment space, suggests a strategic move to capitalize on the growing popularity and market dynamics surrounding meme coins like Floki.
This move aligns with the broader trend of significant investments in meme coins and other high-risk, high-reward assets within the crypto market. The purchase is expected to influence Floki's market performance, potentially driving further interest and investments in the token. As the market for meme coins continues to evolve, such high-profile acquisitions underscore the potential for substantial gains and the inherent risks involved
New $67 Million Cryptocurrency Case from the US Department of Justice : One Person Arrested!
A new one has been added to the cryptocurrency cases in the USA.
At this point, the US Department of Justice alleged that Bill Guan, CFO of the New York-based media publication Epoch Times, committed $67 million in money laundering using cryptocurrencies.
The DOJ alleged in the lawsuit that Guan led a team called “Make Money Online (MMO)” that was accused of purchasing proceeds of crime with cryptocurrencies to benefit the media company.
Allegedly, the funds were then transferred to bank accounts associated with Epoch Times by MMO members and other participants who opened various accounts using the stolen personal information.
These operations continued from 2020 until April 2024.
Damian Williams, US Attorney for the Southern District of New York, stated in his statement that Bill Guan was arrested and said:
“Allegedly, Bill Guan, Chief Financial Officer of a global newspaper and media company, conspired with others to benefit himself, his media company, and its affiliates by laundering tens of millions of dollars in fraudulently obtained unemployment insurance benefits and other criminal proceeds,
“Today's charges reflect the U.S. Department of Labor's Office of Inspector General's ongoing commitment to vigorously enforce the law against those who facilitate fraud through money laundering and to protect the integrity of the U.S. financial system.”
Regarding Guan's actions, Williams said: “Under Guan's direction, Team MMO members and others were involved in extorting tens of millions of dollars of criminal proceeds, including proceeds from fraudulently obtained unemployment insurance benefits, loaded onto tens of thousands of prepaid debit cards.” The proceeds of the crime were often purchased for cryptocurrency by scheme participants, including MMO Team members and others working with them, using a specific cryptocurrency platform, at discounted rates of approximately 70 to 80 cents on the dollar. ” said.
A new one has been added to the cryptocurrency cases in the USA.
At this point, the US Department of Justice alleged that Bill Guan, CFO of the New York-based media publication Epoch Times, committed $67 million in money laundering using cryptocurrencies.
The DOJ alleged in the lawsuit that Guan led a team called “Make Money Online (MMO)” that was accused of purchasing proceeds of crime with cryptocurrencies to benefit the media company.
Allegedly, the funds were then transferred to bank accounts associated with Epoch Times by MMO members and other participants who opened various accounts using the stolen personal information.
These operations continued from 2020 until April 2024.
Damian Williams, US Attorney for the Southern District of New York, stated in his statement that Bill Guan was arrested and said:
“Allegedly, Bill Guan, Chief Financial Officer of a global newspaper and media company, conspired with others to benefit himself, his media company, and its affiliates by laundering tens of millions of dollars in fraudulently obtained unemployment insurance benefits and other criminal proceeds,
“Today's charges reflect the U.S. Department of Labor's Office of Inspector General's ongoing commitment to vigorously enforce the law against those who facilitate fraud through money laundering and to protect the integrity of the U.S. financial system.”
Regarding Guan's actions, Williams said: “Under Guan's direction, Team MMO members and others were involved in extorting tens of millions of dollars of criminal proceeds, including proceeds from fraudulently obtained unemployment insurance benefits, loaded onto tens of thousands of prepaid debit cards.” The proceeds of the crime were often purchased for cryptocurrency by scheme participants, including MMO Team members and others working with them, using a specific cryptocurrency platform, at discounted rates of approximately 70 to 80 cents on the dollar. ” said.
Trump Accepts Bitcoin Lightning Network Payments for Donations
Embracing Cryptocurrency in Political Campaigns.
Donald Trump has made history by becoming the first US president to accept Bitcoin Lightning Network payments for campaign donations, in collaboration with OpenNode. This move signifies his commitment to creating a Bitcoin-friendly environment in the US. Trump also pledged to support self-custody rights for crypto holders and promised to commute Ross Ulbricht’s sentence. This development highlights the growing integration of cryptocurrency into mainstream politics, reflecting broader acceptance of digital assets.
##Cryptocurrency#
Embracing Cryptocurrency in Political Campaigns.
Donald Trump has made history by becoming the first US president to accept Bitcoin Lightning Network payments for campaign donations, in collaboration with OpenNode. This move signifies his commitment to creating a Bitcoin-friendly environment in the US. Trump also pledged to support self-custody rights for crypto holders and promised to commute Ross Ulbricht’s sentence. This development highlights the growing integration of cryptocurrency into mainstream politics, reflecting broader acceptance of digital assets.
##Cryptocurrency#
Crypto Trader Predict Spike for Two Meme Coins: Pepe and Pepe Coin
Neither Dogecoin nor Shiba Inu; new meme coins set for significant growth, says analyst.
A prominent crypto trader, Altcoin Sherpa, forecasts substantial growth for Pepe (PEPE) and Pepe Coin. Despite anticipating short-term pullbacks, Sherpa's analysis suggests both meme coins will rise significantly in the coming months. He advises investors to consider long-term strategies such as dollar-cost averaging, especially for Render (RNDR), which also shows potential for growth.
Neither Dogecoin nor Shiba Inu; new meme coins set for significant growth, says analyst.
A prominent crypto trader, Altcoin Sherpa, forecasts substantial growth for Pepe (PEPE) and Pepe Coin. Despite anticipating short-term pullbacks, Sherpa's analysis suggests both meme coins will rise significantly in the coming months. He advises investors to consider long-term strategies such as dollar-cost averaging, especially for Render (RNDR), which also shows potential for growth.
Future Signal: Long
Coin name: AEVO/USDT
LEVERAGE : Cross 25X
entry targets:
1) 0.9230
2) 0.9000
take-Profit targets:
1) 0.9500
2) 0.9820
3) 0.9999
4) 1.0500
stop Target:
1) 0.8800
Coin name: AEVO/USDT
LEVERAGE : Cross 25X
entry targets:
1) 0.9230
2) 0.9000
take-Profit targets:
1) 0.9500
2) 0.9820
3) 0.9999
4) 1.0500
stop Target:
1) 0.8800
XVG/USDT ( Spot )
Buy at current price
Targets
1st - $0.006970
2nd - $0.011100
3rd - $0.015200
Exchange Binance
Buy at current price
Targets
1st - $0.006970
2nd - $0.011100
3rd - $0.015200
Exchange Binance
Shiba Inu Rise 10%: Similar Coin Set to Soar, Presale Ending Soon!
Shiba Inu experiences a 10% surge while another similar coin is predicted to soar as its presale ends soon.
Shiba Inu (SHIB) has seen a notable 10% increase, capturing the attention of the crypto community. Amidst this rise, a new coin, 420X, is set to follow suit with promising potential. The presale for 420X is nearing its end, creating a buzz among investors looking for the next big opportunity. The anticipation is high, and market analysts predict a significant upward trend for this emerging cryptocurrency.
#shiba⚡ #Binance#
Shiba Inu experiences a 10% surge while another similar coin is predicted to soar as its presale ends soon.
Shiba Inu (SHIB) has seen a notable 10% increase, capturing the attention of the crypto community. Amidst this rise, a new coin, 420X, is set to follow suit with promising potential. The presale for 420X is nearing its end, creating a buzz among investors looking for the next big opportunity. The anticipation is high, and market analysts predict a significant upward trend for this emerging cryptocurrency.
#shiba⚡ #Binance#
BNB Price Launches Recovery Bid: Will the Bounce Hold?
BNB price started a recovery wave from the $585 support zone. The bulls must clear the $600 resistance zone to push the price into a positive zone in the near term.
BNB price extended losses and tested the $585 support zone.
The price is now trading below $600 and the 100-hourly simple moving average.
There was a break above a key bearish trend line with resistance at $595 on the hourly chart of the BNB/USD pair (data source from Binance).
The pair could start a fresh increase if it stays above the $585 support.
BNB Price Holds Support
After a decent increase, BNB price struggled near the $615 resistance. As a result, there was a bearish reaction below the $600 support, like Ethereum and Bitcoin.
The price dipped below the $595 support and the 100 simple moving average (4 hours). It traded as low as $586 and recently started a recovery wave. There was a move above the $595 resistance zone, and the 23.6% Fib retracement level of the downward move from the $613 swing high to the $586 low.
There was a break above a key bearish trend line with resistance at $595 on the hourly chart of the BNB/USD pair. However, the bears were active near the $600 level or the 50% Fib retracement level of the downward move from the $613 swing high to the $586 low.
The price is now trading below $600 and the 100-hourly simple moving average. Immediate resistance is near the $600 level. The next resistance sits near the $602 level.
A clear move above the $602 zone could send the price higher. In the stated case, BNB price could test $615. A close above the $615 resistance might set the pace for a larger increase toward the $620 resistance. Any more gains might call for a test of the $632 level in the coming days.
More Losses?
The next major support is near the $585 level. The main support sits at $572. If there is a downside break below the $572 support, the price could drop toward the $560 support. Any more losses could initiate a larger decline toward the $550 level.
BNB price started a recovery wave from the $585 support zone. The bulls must clear the $600 resistance zone to push the price into a positive zone in the near term.
BNB price extended losses and tested the $585 support zone.
The price is now trading below $600 and the 100-hourly simple moving average.
There was a break above a key bearish trend line with resistance at $595 on the hourly chart of the BNB/USD pair (data source from Binance).
The pair could start a fresh increase if it stays above the $585 support.
BNB Price Holds Support
After a decent increase, BNB price struggled near the $615 resistance. As a result, there was a bearish reaction below the $600 support, like Ethereum and Bitcoin.
The price dipped below the $595 support and the 100 simple moving average (4 hours). It traded as low as $586 and recently started a recovery wave. There was a move above the $595 resistance zone, and the 23.6% Fib retracement level of the downward move from the $613 swing high to the $586 low.
There was a break above a key bearish trend line with resistance at $595 on the hourly chart of the BNB/USD pair. However, the bears were active near the $600 level or the 50% Fib retracement level of the downward move from the $613 swing high to the $586 low.
The price is now trading below $600 and the 100-hourly simple moving average. Immediate resistance is near the $600 level. The next resistance sits near the $602 level.
A clear move above the $602 zone could send the price higher. In the stated case, BNB price could test $615. A close above the $615 resistance might set the pace for a larger increase toward the $620 resistance. Any more gains might call for a test of the $632 level in the coming days.
More Losses?
The next major support is near the $585 level. The main support sits at $572. If there is a downside break below the $572 support, the price could drop toward the $560 support. Any more losses could initiate a larger decline toward the $550 level.
Bitcoin Analysts See Market Shifts: Insights from BH News
Examining the Latest Trends and Predictions for Bitcoin's Market Movements
Bitcoin analysts are observing significant market shifts that could influence the future trajectory of the cryptocurrency. Recent data suggests potential volatility and opportunities for both short-term traders and long-term investors. Key factors include macroeconomic indicators, regulatory developments, and technological advancements within the blockchain ecosystem. Analysts emphasize the importance of staying informed and adaptable in response to these market dynamics. The insights provided aim to guide investors in making strategic decisions amidst the evolving landscape of Bitcoin and other cryptocurrencies.
#Bitcoin❗ #Binance#
Examining the Latest Trends and Predictions for Bitcoin's Market Movements
Bitcoin analysts are observing significant market shifts that could influence the future trajectory of the cryptocurrency. Recent data suggests potential volatility and opportunities for both short-term traders and long-term investors. Key factors include macroeconomic indicators, regulatory developments, and technological advancements within the blockchain ecosystem. Analysts emphasize the importance of staying informed and adaptable in response to these market dynamics. The insights provided aim to guide investors in making strategic decisions amidst the evolving landscape of Bitcoin and other cryptocurrencies.
#Bitcoin❗ #Binance#
Ethereum Price Decline: Key Factors Behind the Drop
Understanding the reasons for Ethereum's recent price dip and its potential impact on the market.
Ethereum (ETH) has faced a notable price decline recently, raising concerns among investors. Several factors contribute to this downward trend. Market sentiment is currently bearish, influenced by broader macroeconomic conditions and regulatory uncertainties. Additionally, a decline in network activity and transaction volumes has also played a role in Ethereum's price drop. Despite these challenges, analysts believe that Ethereum's long-term fundamentals remain strong, driven by ongoing developments in its ecosystem and the upcoming Ethereum 2.0 upgrades. Investors are advised to stay informed and consider the potential for recovery as market conditions evolve.
#ETH🔥🔥🔥🔥
Understanding the reasons for Ethereum's recent price dip and its potential impact on the market.
Ethereum (ETH) has faced a notable price decline recently, raising concerns among investors. Several factors contribute to this downward trend. Market sentiment is currently bearish, influenced by broader macroeconomic conditions and regulatory uncertainties. Additionally, a decline in network activity and transaction volumes has also played a role in Ethereum's price drop. Despite these challenges, analysts believe that Ethereum's long-term fundamentals remain strong, driven by ongoing developments in its ecosystem and the upcoming Ethereum 2.0 upgrades. Investors are advised to stay informed and consider the potential for recovery as market conditions evolve.
#ETH🔥🔥🔥🔥
Bin#Crypto#Stargate Finance (STG) Soars 72%, Adding $2M to Market Cap
STG's recent surge highlights the increasing interest in decentralized finance solutions.
Stargate Finance (STG) has experienced a remarkable 72% increase in its value, adding $2 million to its market cap. This surge reflects the growing interest in decentralized finance (DeFi) platforms that offer innovative solutions for cross-chain transactions. Stargate Finance's success is attributed to its robust technology and strategic partnerships, which enhance its liquidity and user base. The platform's ability to seamlessly bridge assets across different blockchains has positioned it as a key player in the DeFi space, driving investor confidence and market growth.
#Crypto#Binance#
STG's recent surge highlights the increasing interest in decentralized finance solutions.
Stargate Finance (STG) has experienced a remarkable 72% increase in its value, adding $2 million to its market cap. This surge reflects the growing interest in decentralized finance (DeFi) platforms that offer innovative solutions for cross-chain transactions. Stargate Finance's success is attributed to its robust technology and strategic partnerships, which enhance its liquidity and user base. The platform's ability to seamlessly bridge assets across different blockchains has positioned it as a key player in the DeFi space, driving investor confidence and market growth.
#Crypto#Binance#
Unveiling the Popularity of DOGE, TON, and SHIB
Understanding the Market Forces and Community Dynamics Behind Dogecoin, Toncoin, and Shiba Inu
Dogecoin (DOGE), Toncoin (TON), and Shiba Inu (SHIB) have captured the cryptocurrency market's attention due to unique factors driving their popularity. Dogecoin's appeal stems from its meme origin and high-profile endorsements, notably from Elon Musk. Toncoin benefits from its integration with the Telegram platform, leveraging a massive user base for adoption. Shiba Inu's rise is fueled by its vibrant community and strategic tokenomics, including the ShibaSwap decentralized exchange. These cryptocurrencies thrive on community support, strategic partnerships, and market speculation, illustrating the diverse appeal and adaptability within the crypto ecosystem.
#Crypto#Memecoin#Binance#
Understanding the Market Forces and Community Dynamics Behind Dogecoin, Toncoin, and Shiba Inu
Dogecoin (DOGE), Toncoin (TON), and Shiba Inu (SHIB) have captured the cryptocurrency market's attention due to unique factors driving their popularity. Dogecoin's appeal stems from its meme origin and high-profile endorsements, notably from Elon Musk. Toncoin benefits from its integration with the Telegram platform, leveraging a massive user base for adoption. Shiba Inu's rise is fueled by its vibrant community and strategic tokenomics, including the ShibaSwap decentralized exchange. These cryptocurrencies thrive on community support, strategic partnerships, and market speculation, illustrating the diverse appeal and adaptability within the crypto ecosystem.
#Crypto#Memecoin#Binance#
Shiba Price Prediction: SHIB Shows Unusually High Strength Against Dogecoin.
Crypto analyst Cold Blooded Shiller has provided insight into the Shiba Inu (SHIB) future trajectory in relation to Dogecoin. The analyst suggested that the second-largest meme coin by market cap could be coming for Dogecoin’s position soon enough, given its recent bullish strength.
Shiba Inu Is Poised To Rip Through The Charts
Cold Blooded Shiller mentioned in an X (formerly Twitter) post that he believes Shiba Inu will soon “send,” meaning that the meme coin will soon experience a parabolic move to the upside. He noted that Shiba Inu’s performance has been “unusual” over the last few days. Based on his technical analysis, he claimed that Shiba Inu is “positioned very well” on the higher time frame (HTF).
On the lower time frame, the crypto analyst added that Shiba Inu has “been very strong” compared to Dogecoin, which he noted isn’t “typical.” Cold Blooded Shiller also remarked that Shiba Inu has had one of the quickest and strongest market recoveries in the last 24 hours. Indeed, Shiba Inu’s performance in the last 24 hours has been impressive.
The meme coin has experienced a price gain of over 13% in the last 24 hours, which has caused it to overtake Cardano and climb into the tenth spot among the top cryptocurrencies by market cap. Crypto analyst and influencer Ansem also suggested that this is just the beginning of Shiba Inu’s price rally, stating that the meme coin is about to get “jiggy” while sharing a chart that hinted at an imminent price breakout for Shiba Inu.
Shiba Inu’s rise is believed to be due to several factors, including the sentiment around the Ethereum Spot ETFs. Ethereum-based tokens are bound to benefit from the hype around these funds. Coinbase International Exchange also recently announced that it will add support for Shiba Inu perpetual on its platform starting May 30th.The recent market trend has also contributed to Shiba Inu’s double-digit rally, with meme coins arguably the leading narrative
Crypto analyst Cold Blooded Shiller has provided insight into the Shiba Inu (SHIB) future trajectory in relation to Dogecoin. The analyst suggested that the second-largest meme coin by market cap could be coming for Dogecoin’s position soon enough, given its recent bullish strength.
Shiba Inu Is Poised To Rip Through The Charts
Cold Blooded Shiller mentioned in an X (formerly Twitter) post that he believes Shiba Inu will soon “send,” meaning that the meme coin will soon experience a parabolic move to the upside. He noted that Shiba Inu’s performance has been “unusual” over the last few days. Based on his technical analysis, he claimed that Shiba Inu is “positioned very well” on the higher time frame (HTF).
On the lower time frame, the crypto analyst added that Shiba Inu has “been very strong” compared to Dogecoin, which he noted isn’t “typical.” Cold Blooded Shiller also remarked that Shiba Inu has had one of the quickest and strongest market recoveries in the last 24 hours. Indeed, Shiba Inu’s performance in the last 24 hours has been impressive.
The meme coin has experienced a price gain of over 13% in the last 24 hours, which has caused it to overtake Cardano and climb into the tenth spot among the top cryptocurrencies by market cap. Crypto analyst and influencer Ansem also suggested that this is just the beginning of Shiba Inu’s price rally, stating that the meme coin is about to get “jiggy” while sharing a chart that hinted at an imminent price breakout for Shiba Inu.
Shiba Inu’s rise is believed to be due to several factors, including the sentiment around the Ethereum Spot ETFs. Ethereum-based tokens are bound to benefit from the hype around these funds. Coinbase International Exchange also recently announced that it will add support for Shiba Inu perpetual on its platform starting May 30th.The recent market trend has also contributed to Shiba Inu’s double-digit rally, with meme coins arguably the leading narrative
Meme coin takeover: PEPE surpasses market value of all major NFT collections combined.
Pepecoin (PEPE) is currently larger than all the major non-fungible token (NFT) collections combined, user Stats highlighted on X. PEPE’s market cap is now over $6.2 billion and stands 10% above the total market cap of all profile picture (PFP) NFT collections.
Moreover, PEPE is also outclassing major NFT collections by daily trading volume, exhibiting a $1.3 billion volume in the last 24 hours against $12.8 million moved by the blue chips in the NFT sector.
Comparison between largest NFT collections and PEPE. Image: Stats/X
Despite recent signs of strength, such as Bitcoin and Solana NFT trading volumes reaching weekly records, and the NFT lending market surpassing $2 billion in the first quarter, the non-fungible token market is still in a slump. The investor Hildobby, who is a member of the data team for DragonFly, shared yesterday that the NFT trader count is down 85% in the past two years.
Meanwhile, the meme coin market has experienced a gradual crescent in the past months, nearing a $69 billion market cap after a 10% weekly growth. PEPE is one of the meme coins showing the best performances recently, hiking 111% in one month and registering a new all-time high on May 27th, according to data aggregator CoinGecko.
Nevertheless, NFT Price Floor analyst Nicolás Lallement highlighted that once investors are done profiting with the current narratives, such as meme coins, a capital flow back to Bitcoin, Ethereum, and blue chip NFT collections might happen.
Pepecoin (PEPE) is currently larger than all the major non-fungible token (NFT) collections combined, user Stats highlighted on X. PEPE’s market cap is now over $6.2 billion and stands 10% above the total market cap of all profile picture (PFP) NFT collections.
Moreover, PEPE is also outclassing major NFT collections by daily trading volume, exhibiting a $1.3 billion volume in the last 24 hours against $12.8 million moved by the blue chips in the NFT sector.
Comparison between largest NFT collections and PEPE. Image: Stats/X
Despite recent signs of strength, such as Bitcoin and Solana NFT trading volumes reaching weekly records, and the NFT lending market surpassing $2 billion in the first quarter, the non-fungible token market is still in a slump. The investor Hildobby, who is a member of the data team for DragonFly, shared yesterday that the NFT trader count is down 85% in the past two years.
Meanwhile, the meme coin market has experienced a gradual crescent in the past months, nearing a $69 billion market cap after a 10% weekly growth. PEPE is one of the meme coins showing the best performances recently, hiking 111% in one month and registering a new all-time high on May 27th, according to data aggregator CoinGecko.
Nevertheless, NFT Price Floor analyst Nicolás Lallement highlighted that once investors are done profiting with the current narratives, such as meme coins, a capital flow back to Bitcoin, Ethereum, and blue chip NFT collections might happen.
Connectez-vous pour découvrir d’autres contenus