Shiba Inu enthusiasts: brace yourselves as the curtain falls on March, leaving behind a trail of remarkable gains for the beloved meme-inspired cryptocurrency. With an impressive surge of around 150% in its price this month, Shiba Inu (SHIB) has undoubtedly captured the attention of investors worldwide. This surge marks one of the most successful months for SHIB in recent years.
Notably, SHIB's current price hovers above $0.00003 per token, a pinnacle not witnessed since February 2022, painting a promising picture for its future trajectory. However, as the cryptocurrency world braces for the onset of April, questions linger about what lies ahead for Shiba Inu.
Delving into historical data provided by CryptoRank, anticipation brews as April historically showcases a mix of fortunes for SHIB. While the average return for April stands at an enticing 13.7%, the median value remains somewhat subdued at -6.41%.
Despite this, glimpses of optimism emerge as we recall Shiba Inu's impressive rally in April 2021, where it soared by an astonishing 69.4%. Yet caution must be exercised, as the past two Aprils witnessed SHIB's price tumbling by margins ranging from 6.4% to 22%.
However, it is crucial to acknowledge the limitations of relying solely on historical data. With SHIB's relatively short existence in the crypto realm, the sample size for analysis remains small, rendering predictions uncertain. Moreover, the crypto market's notorious volatility adds another layer of complexity, with unforeseen events capable of disrupting even the most meticulously crafted forecasts.
#SHIB #SHIB🔥🔥 #SHIBAInsights #shiba-inu #shiba-inu:

The leading meme token by market value, dogecoin, experienced an 18% increase on Thursday, climbing to $0.22 per coin for its first ascent to this level since 2021.

The ‘Dog Father’ Reigns: Dogecoin Soars 43.3% in 7 Days Against the U.S. Dollar
The proclaimed ‘Dog Father’ of meme coins, dogecoin (DOGE), has shown a substantial upturn against the U.S. dollar as of March 28, 2024. Throughout the preceding week, DOGE climbed 43.3% in value against the dollar, witnessing a significant trading volume of $6.9 billion within 24 hours. The ascent of DOGE to $0.22 has boosted its market capitalization to over $31.4 billion.

This increase has elevated the cryptocurrency to the rank of eighth largest by market cap. Moreover, this rise has triggered the liquidation of $18.76 million in dogecoin short positions in the last 24 hours. On Thursday, the most traded pairs for dogecoin were USDT, FDUSD, USD, KRW, and BTC. The Korean won accounted for 12.12% of all DOGE transactions, with the coin trading at $0.2323 on exchanges like Upbit and Bithumb. Within the swiftly shifting realm of cryptocurrency, the comeback of dogecoin signifies the market’s vibrant dynamics. This significant leap not only underscores the lasting endurance of dogecoin but also mirrors the wider market mood, indicating a continuous surge in interest toward meme tokens from investors.

What do you think about dogecoin’s rise this week? Share your thoughts and opinions about this subject in the comments section below.

Investors Are Demanding High Payout 👇

These investors holding tokens called Serum, MAPS, and OXY are urging US Bankruptcy Judge John Dorsey. These investors want to override the company’s experts’ conclusion that the tokens are “nearly worthless,” as mentioned in a Bloomberg report.

Sam Bankman-Fried, who created Serum and obtained control over the other two tokens, was involved in securing deals related to them, as stated in court documents.

When FTX filed for bankruptcy in November 2022, it held a significant majority of the tokens, far exceeding what could be sold. Additionally even without considering the fraudulent activities that led to its collapse, as the company argued in a court filing.

Token holders are challenging a company’s estimation of the value of tokens. The company’s advisers proposed a minimal amount. However, the holders claim their valuation method values the tokens at hundreds of millions of dollars. They have filed claims for payment based on their calculations.

FTX’s lawyers have indicated that other former customers who invested in the trading platform will likely receive full reimbursement for their investments before bankruptcy. These customers invested in US dollars, Bitcoin (BTC), and other assets that still hold value today.

FTX Claims That Sam Coins Are Worth ‘Zero’

FTX wants to quash certain investors’ claims for “Sam Coins,” arguing that they should be valued at zero in an ongoing bankruptcy case. During a court hearing on March 26, lawyers representing FTX requested Delaware bankruptcy judge John Dorsey. Moreover, they requested to heavily reduce customer claims for a few digital tokens that are closely connected to the imprisoned FTX founder, Sam “SBF” Bankman-Fried.

FTX lawyer Brian Glueckstein mentioned that customer claims for the native tokens should be heavily discounted or reduced to zero. On the other hand, the investors valued the tokens they held at hundreds of millions of dollars and presented related calculations in court.

What Does FTX Valuation Expert Says?

FTX’s valuation expert, Sabrina Howell, concluded that because the firm held more than 95% of the OXY and MAP tokens it would take decades to liquidate them. Moreover, creditor attorney Kurt Gwynne argued that the company hired experts to unfairly quote low estimates.

Based on their analysis, FTX asserted claims associated with MAPS and OXY tokens should be deemed worthless, worth over $600 million at current rates. Meanwhile, claims associated with SERUM tokens – worth $509 million – should be discounted by about 58%.
However, the FTX customers asked for the FTX lawyer’s estimates to be overruled, claiming that the four digital assets in question. Moreover, the Sam coins, are still worth more than $1.1 billion in total. Judge Dorsey found determining cryptocurrency’s exact value challenging due to its lack of intrinsic worth. He deferred the ruling on the disputed crypto assets’ value estimation after hearing arguments from both parties.

Summary
FTX customers with Serum, MAPS, and OXY tokens are requesting higher payouts from the bankrupt company, claiming the tokens are undervalued. The company’s experts say the tokens are nearly worthless, but investors want US Bankruptcy Judge John Dorsey to override this.

Disclaimer
The views and opinions stated by the author or any people named in this article are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos, or other related indexes comes with a risk of financial loss.

What is Polygon's price prediction today?Based on our Polygon prediction chart, the price of Polygon will increase by 0.00% and reach $ 0.775256 by Jan 21, 2024What is Polygon price prediction for tomorrow?Polygon is predicted to gain 0.00% and reach a price of $ 0.775256 tomorrow.What is the Polygon price prediction for next week?The Polygon price prediction for next week is between $ 0.775256 on the lower end and $ 0.944075 on the high end. Based on our MATIC price prediction chart, the price of Polygon will increase by 21.78% and reach $ 0.944075 by Jan 28, 2024 if it reaches the upper price target.What is the Polygon price prediction for 2024?Polygon is forecasted to trade within a range of $ 0.775256 and $ 4.09. If it reaches the upper price target, MATIC could increase by 422.95% and reach $ 4.09.What is the Polygon price prediction for 2025?According to our Polygon price prediction, MATIC is forecasted to trade within a price range of $ 0.775256 and $ 4.09 next year. Polygon will increase by 422.95% and reach $ 4.09 if it reaches the higher value target for 2025.What is the Polygon price prediction for 2026?The Polygon price prediction for 2026 is between $ 0.858972 on the lower end and $ 5.20 on the high end. Based on our MATIC price prediction chart, the price of Polygon could increase by 564.38% and reach $ 5.20 if it reaches the upper price target.Is Polygon a good buy in 2024?Based on multiple technical quantitative indicators, the current forecast for Polygon in 2024 is bearish. This could be an indication that Polygon is a bad buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Polygon or not.What will the price of Polygon be next week?According to our Polygon forecast, the price of Polygon will increase by 27.16% over the next week and reach $ 0.985812 by January 25, 2024.What will the price of Polygon be next month?According to our Polygon forecast, the price of Polygon will increase by 12.24% over the next month and reach $ 0.870180 by February 19, 2024.What is Polygon's 50-Day SMA and what does it indicate?Polygon’s 50-day SMA (simple moving average) is currently $ 0.856824. The 50-day SMA indicates the average price of Polygon over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive MATIC price trend in the medium term, while a dropping SMA indicates the opposite.The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.What is Polygon's 200-Day SMA and what does it indicate?Polygon’s 200-day is currently $ 0.712657. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Polygon 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that MATIC has been trending downwards over the long term.Many cryptocurrency traders pay close attention to the markets when the current Polygon price crosses an important moving average like the 200-day SMA.The 200-day SMA is calculated by taking Polygon’s closing prices in the last 200 days, adding them together, and dividing the total by 200.What is Polygon's 14-day RSI and what does it indicate?Polygon’s 14-day RSI is at 38.71, indicating that MATIC is currently neutral.The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Polygon. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.Will Polygon go back up?Based on our algorithmically generated price prediction for Polygon, the price of MATIC is expected to decrease by 12.24% in the next month and reach $ 0.870180 on Feb 19, 2024. Additionally, Polygon’s price is forecasted to gain 121.46% in the next six months and reach $ 1.716918 on Jul 18, 2024. Finally, Polygon is expected to trade at $ 3.35 on Jan 19, 2025, following a 332.70% value decrease in one year.How does our price prediction for Polygon work?The Polygon price prediction on Crypto Efficient# is calculated using the historical Polygon price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Polygon prediction.#MATIC🔥🔥 #MATICAnalysis #MATİC #MATICPricePrediction #matic

A new era for cryptocurrency investing began yesterday as the first spot Bitcoin ETFs made their long-awaited debut on U.S. markets. These new funds, which hold actual Bitcoin rather than Bitcoin futures, attracted intense investor interest right out of the gate.According to data aggregated from Yahoo Finance, the total trading volume for the 10 new Bitcoin spot ETFs exceeded $4.5 billion on day one. Leading the pack was the Grayscale Bitcoin Trust (GBTC), which saw an eye-popping $2.3 billion in volume after being cleared to convert to an ETF format on Wednesday.Coming in second place was the iShares Bitcoin Trust (IBIT) from BlackRock, the world's largest asset manager. IBIT handled over $1 billion worth of trades during its first day, representing nearly a quarter of the combined spot Bitcoin ETF volume. Other top performers included Fidelity's spot Bitcoin offering and Hashdex’s fund (Futures).Crypto market analysts say the influx of investment from these new vehicles could provide crucial long-term support.The launch of spot Bitcoin ETFs in the U.S. has been years in the making. Industry advocates hope these funds will give retail investors simpler access to the crypto markets while providing legitimacy and regulatory oversight.Let us know what you loved about this article, what could be improved, or share any other feedback 😊#BTC #ETH #BNB! #CryptoPredictions2024 #cryptocurrecny

Cheers to a fresh start! May the coming year bring you success, good health, and all the positivity you deserve. Happy 2024!

At the turn of 2017 and 2018, XRP coin made a dizzying leap, briefly becoming the second most capitalized cryptocurrency in the world after Bitcoin. This growth was followed by a long and painful decline in the XRP swap rate and market capitalization of XRP. The drop turned out to be even deeper on average than the general sagging capitalization of cryptocurrencies.However, the crypto market boom of early 2021 has helped XRP to rebound and regain its footing. Although the coin hasn’t overtaken its previous highs yet, who knows what the future holds? We may very well see XRP go to the moon again in the future. Let’s take a closer look at this coin’s prospects in our XRP price prediction.Please note that this article does not constitute investment advice. Remember to do your own research before deciding whether any cryptocurrency is a good investment or not.XRP Overview• XRP Price : $0.63• XRP Price Change 24h : 8.68%• XRP Price Change 7d : 17.31%• XRP Market cap : $30,828,912,909.94• XRP Circulating Supply : 53,441,027,384 XRP• XRP Trading Volume : $2,247,932,096.92• XRP All time high : $3.84• XRP All time low : $0.0028• XRP Price Prediction 7d : $0.820850 (29.38)• XRP Fear-Greed Index : 73 (Greed)• XRP Sentiment : Neutral• XRP Volatility : 2.66%• XRP Green Days : 17/30 (57%)• XRP 50-Day SMA : $0.624475• XRP 200-Day SMA : $0.555023• XRP 14-Day RSI : 50.11Our real-time XRP to USD price update shows the current Ripple price as $0.63 USD.Our most recent Ripple price forecast indicates that its value will increase by 17.61% and reach $0.746216 by December 29, 2023.Our technical indicators signal about the Neutral Bullish 66% market sentiment on Ripple, while the Fear & Greed Index is displaying a score of 73 (Greed)Over the last 30 days, Ripple has had 17/30 (57%) green days and 2.66% price volatility.Ripple (XRP) Technical OverviewWhen discussing future trading opportunities of digital assets, it is essential to pay attention to market sentimentsMin P Average Max P Year ''''''''''' """"""""" """"""" """""$0.584 $0.646 $0.664 2023$0.888 $0.92 $1.08 2024$1.29 $1.34 $1.55 2025$1.99 $2.04 $2.35 2026$2.89 $2.99 $3.41 2027$4.36 $4.48 $5.16 2028$6.16 $6.38 $7.52 2029$9.41 $9.73 $11.04 2030XRP Historical :According to the latest data gathered, the current price of XRP is $$0.63, and XRP is presently ranked No. 6 in the entire crypto ecosystem. The circulation supply of XRP is $34,027,916,708.19, with a market cap of 54,065,019,376 XRP.In the past 24 hours, the crypto has increased by $0.01 in its current value.For the last 7 days, XRP has been in a good upward trend, thus increasing by 1.27%. XRP has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.During the last month, the price of XRP has increased by 4.56%, adding a colossal average amount of $0.03 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow. #XRPUpdate #XRPBullRun #XRPSurge #XRPInvestment #XRPBreakout

We are very pleased to discuss about $MATIC Polygon Network was brought to life by CEO Jaynti Kanani (Read the full interview by CrpyotNewsZ here), Sandeep Nailwal, and Anurag Arjun in October 2017 after Vitalik Buterin and Joseph Poon released a whitepaper on the Plasma framework. It was observed by the duo that the Ethereum layer was not fully scalable, and hence they coined the benefit of using PoS sidechains connected to the root chain.Here each and every individual chain deals with its independent blockchain networks with its consensus mechanism and block validators to create more “child chains” of its own. MATIC rebranded as Polygon in 2021, aiming to simplify Ethereum scaling with its structured platform. It tackles high fees and complexities, empowering developers and projects to build faster and cheaper crypto solutions on Ethereum.About Polygon The MATIC Token :-The round-the-clock active team of Polygon Network has produced interface libraries that are one of a kind. These are tools that help you create programs and implement the interface. The network also brought a unique MATIC coin to the masses in the first half of 2019.The current Polygon price stands around $0.78, the current market cap is $7,595,900,460, and the circulating supply stands at 9,555,343,457 MATIC.Polygon:Limitless PotentialIntegrating MATIC on dApps enables the settlement of payment services whenever and wherever. The confirmation of such transactions gets processed in a fraction of a second. This happens due to faster block generation times, wherein the fees are the lowest. MATIC provides APIs/SDKs for dApps, merchants, and users to instantly accept or pay crypto assets like ERC-20 tokens, ETH, and others.MATIC enables decentralized exchanges to offer expeditious and inexpensive trades for their users. Integration with Polygon helps these exchanges run on steroids, making them trustworthy and secure. No wonder the Polygon SDK decentralized exchange drive is undoubtedly feasible in the near future price of digital assets.Moreover, it reinforces gaming networks, thereby speeding up their performance in processing transactions. Since all the processes in the gaming world happen over blockchain, they become more reliant on Polygon Network.Personal data security is another accountability zone of Polygon Network, as it is a blockchain scalability platform and an adapted version of Plasma.The users tend to send and receive payments in the virtual currency of their choice through MATIC smart contracts as it handles the conversion through atomic swaps between cross-chain crypto assets.Polygon also acts as a Lending and credit-scoring platform for merchants. The traders can ascertain the worthiness and credibility of their borrowers, viewing their transaction history and facilitating the lending of tokens to those who stand a better chance of timely repayment.Through an open-identity system, technical analysis of Polygon (MATIC) ensures that users have control over their private keys without worrying about their security or divulging personal keys.That’s not the end of the advantages MATIC offers to its users. Here are a few more that follow:Multifunctional attributes of Polygon enable diversified uses of existing apps, including the security and safety of data and transactions.Polygon ensures accessibility, especially in Layer 2 solutions.A variety of Application platforms offered on MATIC creates a surreal experience.Inter-tradability is another key feature of MATIC via DEXs.Polygon allows access to partnerships via Decentraland, Zebi, Hey Coral, and MakerDAO.The plasma operator mechanism of Polygon enables scalability, allowing up to 65K TPS.Plasma wallet mobile app integrated with WalletConnect, to ensure secure storage of keys and intuitive access to the features provided by MATIC.Features supporting mobile applications and developer kits are extremely user-friendly and have an independent version of the PoS algorithm.A plethora of DeFi apps can be posted on MATIC’s price sidechains.Polygon (MATIC) Technical Analysis : The psychology of users plays a pivotal role in the crypto market sentiment. Apart from it, many other factors, such as the fundamentals of the token, price history, development, and acceptance of the token, play a major role too. No investors must rely only on crypto prediction in order to make their investment decisions.Polygon’s native token MATIC has gained customer trust, bringing profit for investors and traders. This implies further adoption of Polygon by traders and investors. The downswing that played for the token in 2019 evaporated in the backdrop of its technological solutions. They were by no means a paradigm, but it can be said the token was being tracked for movement.2022 was not a good year for the MATIC token, like most other cryptos. The coin price was $2.58 in the beginning but had reached $0.76 by the end of the year. A frequently and keenly observed trait of Polygon is that it has shown the most erratic and fluctuating behavior.However, the MATIC token has been recovering in the year 2023. The current price also indicates that the MATIC coin is trying to begin an uptrend in the short term. To conclude the technical analysis and define our Polygon (MATIC) price prediction, we strongly believe that it is the best time to invest in the coin for the long term.Long-term Polygon (MATIC) Price Prediction: 2023-2030Year Min P Max P------ ------- --------2023 $0.72 $0.932024 $0.90 $1.312025 $1.29 $1.912026 $1.87 $2.772027 $2.73 $3.992028 $3.96 $5.792029 $5.75 $8.352030 $8.29 $10.95As a non-mineable token, MATIC’s current price stands around $0.78, with a crypto market capitalization of $7,595,900,460, putting it in the position of 15 in the global cryptocurrency rankings. There are 9,555,343,457 MATIC tokens available in supply currently. The all-time high price of Polygon is $2.92, and the trading volume for 24 hours is $$570,078,622. The factors such as all-time highs and Polygon price predictions continuously keep on changing, and it is the predictors’ judgment as to where the price will reach.According to MATIC coin price prediction, it is not the best time to buy MATIC as it is trading near its long-term support level. Traders may wait for some price rise and then make an investment decision. Even though other major crypto giants seem to be getting social media hype, Polygon (MATIC) may steadily show a positive outlook.With all that in mind, let’s explore Polygon price prediction for the upcoming years.#MATIC #MATICAnalysis #MATIC🔥🔥 #MATICPricePrediction #MATIC/USDT