💥@Richard Teng , CEO of Binance makes a prediction on the next price of Bitcoin

💥Richard Teng, the Chief Executive Officer of the cryptocurrency exchange Binance, forecasts that Bitcoin will have a prosperous future and that the price of Bitcoin will approach or perhaps surpass the $80,000 level.

💥The United States government's decision earlier this year to authorize the formation of a Bitcoin exchange-traded fund (ETF) stimulated interest among institutional investors and resulted in the influx of fresh funds. Teng made this statement when he was speaking at an event in Bangkok: "We are just getting started."

💥In a previous prediction, Teng anticipated that Bitcoin would end the year at around $80,000. Despite this, he is now of the opinion that it will be higher than this amount since the supply is diminishing while demand is still high. This prognosis was Teng's own view, and he cautioned that the rally would not be a straight line. Teng underlined that this forecast was his personal opinion. He went on to say that the market would profit from both the highs and the lows.

💥Since the launch of exchange-traded funds (ETFs) for spot Bitcoin in the United States in January, there has been a steady stream of investment. Teng is anticipating that more foundations and family offices would raise their allocations to Bitcoin exchange-traded funds (ETFs) in the medium to short term.

#HotTrends #BTC #Binance

#MarketSentimentToday

Can You Ignore These 3 Cryptos Up 200% in 2024?

MANTRA : A project using RWA, the latest blockchain trend.

Gala : A metaverse staple since 2019.

Fetch.ai : A promising blockchain-powered AI platform with a huge upgrade.

Mantra (OM-USD): 1300% Up

RWA tokenization platform MANTRA (OM-USD) had a busy quarter. Leading Middle East and Asia tech investor Shoroop Partners led a $11 million funding round in March for the initiative.

This month, MANTRA launched its Hongbai Incentivized Testnet, the second phase of its MANTRA Chain testnet.

MANTRA's market value skyrocketed this year after such accomplishments. OM started the year at slightly over 5 cents. It trades above $0.70 on April 22. More than 1300% increase in 2024.

Many projects want to use RWA, including MANTRA. RWA tokenizes real-world assets like real estate, bonds, and more.

It's one of numerous blockchain ecosystem use cases beyond crypto speculation that are just starting.

MANTRA is one of the most successful niche ventures, therefore anticipate it to keep rising in price.

Gala Games (GALA-USD): 200% Up

Gala Games, launched in 2019, is a metaverse success. Thanks to user-submitted game concepts that the community votes on.

Players also own objects and gifts they accumulate throughout games. The game has 1.3 million monthly players.

GALA hovered around $0.025 in January and February. It rose over 200% to over 8 cents in March. It then settled at 6 cents for the month before dipping to 4 cents in April.

Fetch.ai (FET-USD): 260% Up

Developers may design, deploy, and monetize AI applications and tools on blockchain-powered Fetch.ai (FET-USD). It lets users automate everyday operations like booking tickets and vacations and arranging itineraries.

The U.K. business seeks to democratize AI using blockchain by developing an open AI system for developers.

Fetch.ai, SingularityNET (AGIX-USD), and Ocean Protocol (OCEAN-USD) formed the Artificial Superintelligence Alliance (ASI) this month.

#BullorBear #FET #GALA #OM

#MarketSentimentToday

Price Prediction for Floki as the Price of FLOKI Instantaneously Increases by 15% - Are Whales Buying?

As the cryptocurrency market rises 1% in 24 hours, Floki rose 15% to $0.0001968.

FLOKI has gained 40% in a week and 600% in a year, despite being down 15% in a month.

After Revolut said it will market the FLOKI token, Floki Inu became one of the best-performing main meme currencies of this era.

After a rough few weeks, the market is rebounding now, thus Floki prices may rise shortly.

Floki Price Prediction: Whales Buying After 15% Rise?
FLOKI's indications are positive, suggesting the currency may continue to rise.

The token's 30-day average (orange) is still increasing beyond its 200-day average (blue), indicating growth.

FLOKI's RSI is around 60, where it might climb again after the hour's slump.

The coin's resistance (red) and support (green) levels are increasing together, with $0.00020 being the primary resistance. This is bullish.

If Floki breaks this price, additional buyers may join the market and raise its price.

Although there have been no recent whale transfers, FLOKI's volume has increased from $100 million over the weekend to roughly $500 million today, suggesting traders are storing up on the currency.

Revolut's backing for Floki has boosted interest in the token, since 40 million of its clients might become FLOKI holders.

With Coinbase yet to add the token, this is a vote of confidence in the meme currency and a reminder that it may soon be listed.

As optimism grows, the Floki price may climb as the market expects macroeconomic improvements like rate reduction later in the year.

It may hit $0.00025 by summer's end before surpassing its record high ($0.0003365) in 2024's fourth quarter.

#Memecoins $FLOKI #FLOKI

Bitcoin Prediction: Bulls Push BTC Higher Toward $70,000—What's Next?

Bitcoin (BTC/USD) is up 1% to $66,980, attracting interest as it may reach $70,000. After outflows, $59.7 million into U.S. Bitcoin ETFs, signaling an attitude flip.

Transition might drastically effect Bitcoin improvements.

Hong Kong Launches Bitcoin ETF to Test Crypto Hub Ambitions
Hong Kong is establishing Bitcoin and Ether ETFs to become a digital asset powerhouse. Top Chinese asset managers are driving this attempt to compete with $56 billion US funds.

Hong Kong ETFs compete with BlackRock and Fidelity and rely on local market demand.

Instead of cash redemption, Hong Kong ETFs will utilize in-kind methods, improving efficiency.

Bitcoin is rising worldwide, and this move might change the cryptocurrency landscape. However, regulatory issues and China's cryptocurrency prohibition are major barriers.

While institutional buy-in is high, public involvement in Bitcoin ETFs is modest. Fidelity's $10 billion fund is the second-largest, although net outflows indicate a decrease in demand.

This highlights the market's contradictory signals on Bitcoin ETF institutional and public acceptance.

The Bitcoin (BTC/USD) technical forecast shows a 1% increase to $66,980. Short-term trajectory pivots at $65,825. Resistance begins at $67,687, then $69,232 and $71,068.

The support level is $63,654, followed by $61,387 and $59,746. Price dynamics are shown by the 50-day Exponential Moving Average (EMA) at $65,409.

Despite volatility, signs predict bullishness over $65,825. However, falling below this level may cause a significant decline.$BTC

#bitcoinhalving #BTC #bitcoin

#MarketSentimentToday

Reclaiming $0.50, #XRP Indicators Suggest $1 Surge

XRP is rising beyond $0.500. Price may rise over $0.580 and $0.600 due to a favorable bias.

XRP is trying to regain over $0.50.
The price is above $0.5150 and the 100 SMA.

XRP/USD broke above a negative trend line with resistance at $0.5220 on the 4-hour chart.

Bullish momentum might result from a closure above $0.580 barrier.

XRP Price Rises

After a strong drop, XRP found support about $0.3880. Like Bitcoin and Ethereum, it built a base and rose beyond $0.450. Bulls broke $0.50 resistance.

Price rose over the 50% Fib retracement of the falling trend from $0.6420 swing high to $0.3875 low. In addition, the 4-hour XRP/USD chart broke above a negative trend line with resistance at $0.5220.

Current price is above $0.5150 and 100 SMA (4 hours). Resistance at $0.5650 is immediate. The 76.4% Fib retracement level of the bearish run from the $0.6420 swing high to the $0.3875 low is $0.5820, the next significant resistance.

Close over $0.5820 barrier might start a significant surge. Around $0.620 is the next resistance. Bulls may surge above $0.680 barrier if they stay above $0.620. More advances might push the price toward $0.700.

Another Drop?
XRP may fall again if it fails to break $0.5820. Initial downward support is $0.540.

The next significant support is $0.5150. If price breaks down and closes below $0.5150, it may accelerate lower. Prices may retest the $0.4650 support zone.

4-Hours MACD – XRP/USD's MACD is rising in the positive zone.

4-Hours RSI – XRP/USD's RSI is over 50.

Major Support Levels: $0.540, $0.5150, $0.4650.

Major resistance levels: $0.5650, $0.5820, $0.6200.$XRP #bitcoinhalving #Memecoins

BlackRock tokenizes Money Market Fund on Hedera, 🚀🚀HBAR price soars 100%

Archax, Ownera, and The 💰HBAR Foundation pioneered Hedera's first BlackRock MMF tokenization.

Hedera Council member abrdn tokenized its MMFs last year.

The ecosystem's fundamental, Real World Assets, has driven Hedera Hashgraph (HBAR) price up.

Hedera is designed for institutional RWA tokenization at scale, and the developers have brought the world's biggest asset manager on-chain to boost asset management.

BlackRock tokenizes Hedera MMF

Archax, Ownera, and The HBAR Foundation allowed Hedera's first tokenization of BlackRock's money market fund (MMF), a real-world assets (RWAs) industry first.

The London-based digital asset exchange, broker, and custodian Archax, the HBAR Foundation, and Ownera, an institutional-grade digital assets platform, formed a joint venture to introduce the MMF to Hedera.

In 2023, abrdn plc, the UK's biggest active wealth management and a Hedera Council member, tokenized its MMFs on Hedera. They also revolutionized asset management with their tokenized funds.

The implications for traders

Money Market Funds are secure, liquid, and reliable investments for investors who want to protect wealth and manage cash. Its institutional stability and yield make it valuable for RWAs.

Users may trade shares on Archax using tokenized MMFs. Other features include faster transfers and collateral deployment instead of subscriptions and redemptions.

The HBAR Foundation CEO Shayne Higdon stated:

Archax-enabled MMF shares tokenized on Hedera are a big vote of confidence. Hedera's speed, security, and cheap cost make it suitable for Archax's institutional-grade tokenization of real-world assets.

It supports BlackRock CEO Larry Fink's claim that financial asset tokenization allows immediate settlement.

HBAR pricing response as Hedera gets asset management heavyweight

The announcement drove Hedera Hashgraph price up 100% to $0.1776. Levels last tested April 25, 2022.

#RWA #HBAR $HBAR #BlackRock

Is It Just Deja Vu or Is There Going to Be a Cardano $1 Explosion?

In the last several months, investors in Cardano (ADA), the tenth biggest cryptocurrency by market capitalization, have had a wild ride. The little gain in ADA's price after a sharp drop in March has experts split on the cryptocurrency's future course. Would 2024 be the breakout year for ADA if the pricing trend from the past repeated itself, or are there red flags that need to be addressed?

A Bullish Echo or a False Hope: Cardano Mimics 2020?

A similar chart pattern is holding on for dear life for hopeful investors. The price of ADA seems to be following the same pattern as in 2020, says prominent crypto analyst Milkybull. There was a big price spike before the "Adam and Eve" double bottom pattern. A break from this pattern may cause ADA to retest its all-time high this year, if past performance is any indication.

The use of historical comparisons, meanwhile, is not without its drawbacks. The bitcoin market is dynamic and ever-changing, therefore it would be foolish to depend just on historical patterns.

Flashing Green: Technical Indicators, However, Network Activity Delays
A number of popular technical indicators that attempt to predict how the market will react are showing positive enthusiasm towards Cardano. Both the RSI and the Chaikin Money Flow indicators are moving in an upward trend, which might indicate that prices are about to go higher.

At the same time, an important statistic shows something different. Over the last few days, Cardano's daily active addresses—a measure of the unique users engaging with the network—have decreased somewhat. A possible explanation for this worrying drop in network activity is that fewer people are interested in using the Cardano ecosystem.

The Future of Cardano: A Delicate Balance

For now, Cardano's future is cloudy. There is a possibility of a bull run if we look at past trends and positive technical indicators, but the waning activity on the network makes us wonder whether it will last.

#ada #cardano $ADA #ETH

#MarketSentimentToday

Best 4 Cryptocurrencies to Invest in That Cost Less Than 1 Cent

DogeCoin (DOGE)

The Shiba Inu dog seen in the viral "doge" internet meme served as inspiration for the DOGE cryptocurrency.

Dogecoin was born in December 2013 as a playful spin on Bitcoin and other serious cryptocurrencies.

Distinctive Characteristics: Dogecoin's supply is inflationary, meaning that new coins are constantly being generated, in contrast to Bitcoin's restricted quantity. Because of this, Dogecoin is easier to get, but its value may decrease over time.

Shiba Inu (SHIB)

You may be interested in the Shiba Inu cryptocurrency (SHIB).

One anonymous organization or individual operating under the pseudonym "Ryoshi" launched the decentralized cryptocurrency SHIB in August 2020.
Its mascot is similar to that of Dogecoin (DOGE), another meme-based cryptocurrency, and it is based on the Shiba Inu dog breed.

Developed on the Ethereum network, SHIB is a coin that uses the ERC-20 standard.
There are a lot of SHIB tokens available—one quadrillion—unlike Bitcoin and other rare cryptocurrencies.

BitTorrent (BTT)

The ubiquitous BitTorrent protocol for file sharing is inextricably related to the cryptocurrency known as BitTorrent (BTT).

The BitTorrent ecosystem, a popular protocol for exchanging files between users in a decentralised network, uses BTT as its native cash.

RichQUACK (QUACK)

One such meme token that aspires to reward investors via "frictionless yield generation" is Rich Quack, which is part of the hyper-deflationary Binance Smart Chain (BSC). No staking or waiting for fees to be distributed is required of holders. The smart contract instantly credits the holder's account with the allocated fees.

Holders of Rich Quack have the opportunity to earn money via investing, constructing, holding, and winning.

Rich Quack plans to do this by bringing together like-minded individuals who are prepared to put in long hours and make significant contributions to reach their shared objective.

#Memecoins #SHIB #DOGE #RichQUACK🐤

#MarketSentimentToday

SOL Rallies Past $150 Zone: New All-Time High?

The Solana price rose 13% in a week to $154 today, up 0.2% in 24 hours.

The currency has down 11% in the previous 30 days despite a 600% year-to-date surge.

SOL has been strong in recent months, and its medium- and long-term momentum suggests it might easily perform a couple more rises.

With signs showing increase, SOL's chart is looking positive.

After falling early this morning, SOL's relative strength index (purple) has risen above 50 and is poised to reach 70.

A few days ago, the coin's 30-day average (orange) surged above the 200-day (blue) and still has room to advance.

SOL's resistance (red) and support (green) levels are increasing and converging, another optimistic indicator.

With Solana's trading volume over $3.2 billion, a major surge may be imminent.

However, whales may still be selling, so the Solana price may tumble again before recovering.

Since miners were pressured by last week's Bitcoin halving, Solana and the market are both jittery.

Macroeconomics are also uncertain, with reports indicating the Federal Reserve may postpone its much-anticipated rate decreases.

If history is any indication, the latest Bitcoin halving will steadily increase demand, while such cutbacks will eventually occur.

This will assist the Solana price rise, since the currency remains one of the strongest fundamentally.

Demand for SOL-based meme currencies and NFTs has increased the Solana blockchain's locked-in value by nearly 800% since November to $4 billion.

Such tendencies might increase the coin's price to $300 by the fourth quarter.

#BTC #ETH $SOL #sol

Today the price of #Pepe has increased by 6%

Today, Coin** stated that its worldwide and advanced exchanges would introduce #PEPE perpetual futures, which caused the Pepe price to spike by 6%, reaching $0.000006859.

After this change, the meme token is up 33% for the week, down 7.5% for the previous 30 days, and up an astounding 2,000% for the past year.

$PEPE is still a popular vehicle for large-scale traders to make quick gains, and Coin** increasing support for it should help it expand on this success.

The Pepe price may see another upward movement in the near future as the market is expected to become more optimistic later this year.

At the moment, PEPE indicators are heading in a positive direction, suggesting that the coin may see more gains before losing momentum in the near future.

The 30-day average (orange) is continuing climbing and just created a golden cross with the 200-day average (blue), indicating that purchasing pressure is significant.

The relative strength index (purple) for PEPE is also looking well; it briefly dropped this morning but is again back up around 70.

The fact that the coin's 24-hour trading volume increased to $1 billion today from $360 million only a few days earlier is an encouraging trend.

This exemplifies how investors are flooding into the meme currency, with the announcement that C** would launch PEPE perpetual futures on its advanced and international platforms serving as the impetus.

The expansion of PEPE's market and the subsequent growth in demand for the token are the primary reasons why this is optimistic.

Looking at the bigger picture, it shows that PEPE is still a coin with room to develop, and that more exchanges may add PEPE futures soon.

Also, it's worth talking about how the market is going to become crazy in the second half of the year, when the Fed finally lays out its much-anticipated rate reduction and the world economy starts to look better.

There will be a surge in demand for speculative assets like PEPE as a result, and by summer's end, its price is expected to hit $0.00001.

#Memecoins

Binance Announces Renzo (EZ), The 53rd Project On Binance Launchpool

Among the 53 projects listed on Binance Launchpool, Renzo (EZ) stands out.

Staking BNB and FDUSD allows users to farm EZ; EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD, and EZ/TRY are among of the trading pairings available.

Binance announced that Renzo (EZ) will be joining Binance Launchpool as the 53rd project. Just five hours before the Launchpool starts, the exchange's homepage is expected to be up, announcing the liquid staking system.

During the next six days, users may harvest EZ tokens by staking BNB and FDUSD into different pools.

Farming is scheduled to commence on April 24 at 00:00 UTC, according per Binance.

The following pairings will be available for trading when Binance lists EZ on April 30 at 12:00 UTC: EZ/BTC, EZ/USDT, EZ/BNB, EZ/FDUSD, and EZ/TRY.

A Seed Tag will be attached to the token, according to the exchange. Projects with this label may be more risky or volatile than the others on the list.

There will be a total of 250,000,000 EZ in Launchpool Token Rewards, which is 2.5% of the total token supply (or 10 billion EZ), as stated in the release.

Starting out, there will be 10.5% more supply in circulation than there can be.

Renzo (EZ) is what?

Renzo is an EigenLayer-based restaking mechanism for Ethereum. This makes restaking on EigenLayer easier, giving users a more natural and approachable method to work with it.

You may buy ezETH, a liquid staking token (LRT) that can be used in DeFi apps, with Ethereum (ETH) and, in the future, liquid staking tokens (LSTs) on Renzo.

With the recent introduction of its beta mainnet, the protocol is working towards its goals of supporting new blockchains and expanding its services to Layer 2 networks, among other Layer 1 networks.

Binance Labs put money into Renzo in February so that the EigenLayer ecosystem could enable liquid restaking.

#BinanceLaunchpool #Renzo #EZ #BTC #ETH

🚀🚀🚀Will the #Dogecoin Price Reach $1? The Chart Shows a Buy Signal

Dogecoin (DOGE), the leading meme currency, gets an optimistic narrative from a crypto expert. His most recent research suggests that Dogecoin may reach $1 in the near future.

He said that Dogecoin is "presently consolidating after breaking out from a descending triangle," and that the meme currency "is showing its classic pattern once again." His prediction that DOGE would "rocket towards $1 in the coming weeks" based on historical data only serves to fuel the rising confidence in the cryptocurrency's potential.

Dogecoin will reportedly reach $1 during this bull run, according to Mikybull Crypto, Altcoin Sherpa, and DonAlt, among others. Nonetheless, according to Martinez's research, DOGE's transition to $1 is inevitable and may occur sooner rather than later.

The fact that Dogecoin has institutional investors might be a major reason why its price could soon reach this level. Once Coinbase opens DOGE's future for its institutional customers on April 29, this interest will soar. Institutional investors' level of optimism determines the amount of liquidity they can pump into the Dogecoin ecosystem.

In an X post, crypto expert Myles G noted that Dogecoin has hit rock bottom and made the audacious assertion that this is the lowest point the market will ever see the joke currency reach again. As a result, the rising price movement of DOGE is anticipated to persist moving forward.

Another recent prediction from crypto researcher Kevin indicated that the meme currency was about to see another rise. He said that Dogecoin cannot reach its bull market milestone unless there are "multiple weeks of upward price action."

Kevin said in a previous X article that in order to cement current bullish trend, DOGE has to complete the month above $0.16. In his words, "a perfect retest of the previous bear market accumulation range" would be confirmed and the "monthly momentum strongly for more upside" would be put in motion if the price closed above that level.

$DOGE #DOGE #Memecoins 🚀

Bulls Could Hit 2024 High After #BNB Price Reclaims $600

BNB price is trying to rise from $550. Price broke $600 barrier and may rise beyond $630.

After breaking $550 barrier, BNB price rose again.

The price is above $580 and the 100 SMA.

The 4-hour BNB/USD chart shows a bullish trend line with support at $592.

Bullish momentum may result if the pair breaks $608-$610 barrier.

BNB Price Rises

BNB price rose after building a base above $520. Ethereum and Bitcoin steadily rose past $550 and $565 barrier levels.

Bulls broke over the $580 pivot level and the 61.8% Fib retracement line of the negative wave from $630 swing high to $512 low. Moreover, the price is above $580 and the 100 SMA (4 hours).

Consolidating close above the 76.4% Fib retracement line of the falling wave from $630 swing high to $512 low. On the 4-hour BNB/USD chart, a bullish trend line with support at $592 is formed.

Resistance around $608 is immediate. Near $630 is the next resistance. A decisive break over $630 might boost prices. In this situation, BNB may reach $650. A closing over $650 might lead to a stronger move above $680. Any more advances may challenge $720 in the coming days.

Dips supported?

BNB may fall if it fails to break $608 resistance. The trend line and $592 provide first downward support.

Near $585 is the next important support. The major funding is $570. If the price breaks below $570, it might fall below $550. More losses might cause a drop to $532.

4-Hours MACD – BNB/USD MACD is rising in the positive zone.

4-Hours RSI – BNB/USD's RSI is over 50.

Major Support: $592, $585, $570.

Major resistance levels: $608, $630, $650.

$BNB #BullorBear #crypto2024

Since Doge Day, #Floki and other meme currencies have been seeing a rally

More than 40 million Revolut users now have easy access to the meme currency, according to Floki's team's announcement on X.

Before merging with Binance Pay, Floki formed a number of key alliances.

Since Doge Day, Floki and other meme currencies have been seeing a rally.
Revolut, a well-known neobank and Fintech platform, will list the meme currency Floki (FLOKI), as revealed Monday by the Floki team in an X post. Floki has the potential to soar much higher after forming strategic alliances to increase retail use.

Meme tokens saw historic increases due to the Bitcoin halving and Doge Day.
Floki had a fantastic weekend, rising more than 25% like many other joke currencies. It comes after Saturday's Doge Day festivities and the fourth Bitcoin halving, both of which were well-attended. A combination of the Bitcoin halving and Doge Day, an occasion selected by the Doge community to honor Dogecoin, led to a broad increase in meme tokens.

Floki, along with Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), and Book of Meme (BOME), had remarkable growth, although Dogecoin did not have much of an impact.

Even with the recent increase, Floki's listing on the popular neobank platform Revolut bodes well for its future development. Because of the change, Floki is now accessible to over 40 million users in 150 countries. As a result of this development, ordinary people could buy Floki using fiat currencies including the US dollar, the euro, and the British pound.

This continues Floki's growth strategy, which began in March when it was named the official cryptocurrency partner of the South Korean World Table Tennis Championships. For businesses using Binance Pay, Floki is now an additional payment option.

There may be a return to the meme coin mania, as seen by the recent increase in Floki and other meme tokens. Right now, Floki is up 2.4% on the market, trading at about $0.00001758.

#Memecoins #FLOKI $FLOKI #SHIB

#MarketSentimentToday

💥💥💥💥BREAKING NEWS 💥💥💥💥

Spoke to an ORACLE for 2025 ATHs:

#BTC - $210,000

$ETH - $22,222

$SOL - $1,000

#DOGE - $3.11

$INJ - $222

$SEI - $8.20

$JUP - $6.96

#NULS - $5.5

#BNB - $3,500

#XRP - $10

What did I miss that u need a price for?

#MarketSentimentToday

💰If Team Raises $12 Million For Its New Blockchain, Shiba Inu Price Will Reach $10?

💰The Shiba Inu price rose 2% today to $0.00002704, while the cryptocurrency market rose 1% in 24 hours.

💰SHIB has risen 15% in the previous week, mostly in the past two days, after Shiba Inu's creators received $12 million for their privacy-focused layer-three blockchain.

💰The currency is down 1% in the previous month, but its 163% growth over the past year demonstrates medium- and long-term momentum.

💰As word of its new platform spreads, a positive market may enhance the coin's price.

💰Since its indications have been rising and remain optimistic today, SHIB's chart suggests a growth surge.

💰Over the weekend, its 30-day average (orange) crossed its 200-day average (blue), indicating strong buying pressure.

💰After hitting 80 yesterday and dropping late last night, SHIB's relative strength index (purple) is climbing near 70 again.

💰This bullish RSI recovery after a little drop suggests the currency is in a medium-term growth period.

💰SHIB's trade volume exceeds $1 billion and is $800 million 💰today, up 100% from Saturday.

💰As noted, Shiba Inu's $12 million layer-three chain rise is the major cause of this surge.

💰Polygon Ventures, Animoca Brands, Stake Capital, Mechanism Capital, Big Brain Holdings, Shima Capital, Morningstar Ventures, Woodstock finance, DWF Ventures, and Comma 3 Ventures finance it.

💰This diverse group of investors shows trust in the new chain, which will be based on Shibarium and use Zama homomorphic encryption technology to improve privacy.

💰It will also include the final non-stablecoin token in the Shiba Inu ecosystem, TREAT.

💰This development reinforces the increasing notion that Shiba Inu is more than a meme token, with its creators working hard to expand its usefulness (Sibarium launched last year).

#SHIB #Memecoins $SHIB #Shibarium

#MarketSentimentToday

Figure CEO Mike Cagney says #FTX Estate will auction locked Solana Tokens

In a Saturday X post, Figure CEO Mike Cagney said the FTX estate would auction off the next batch of its long-awaited sealed Solana tokens.

Due to rising $SOL prices, purchasers are eager to acquire the locked Solana coins.

Cagney expects auction information this week.

Crypto Exchange Creditors Dissatisfied With Estate Plans
Some FTX creditors are unhappy with how the collapsed crypto exchange's estate is being handled, despite skilled asset recovery attorney John J. Ray III.

Sunil Kavuri, a former customer and FTX victim advocate, blasted Sullivan and Cromwell for unfairly redistributing ex-customers' digital assets.

“S&C are adamant in selling FTX creditors locked Solana at a heavy discount to their own clients (Galaxy), despite our objections,” Kavuri wrote on April 21 X.

FTX estate's newest auction came weeks after it sold over $2.6 billion in discounted Solana tokens to crypto industry leaders like Galaxy Digital.

Since Sullivan and Cromwell advised Galaxy Digital, FTX estate critics charge mismanagement.

According to Kavuri, Cagney has created “a structure to allow retail FTX creditors to participate” in the auction with a $5,000 minimum commitment.

“It's not right for FTX to sell our property,” Kavuri wrote. Through our class actions, S&C and co-conspirators are being sued for whatever value they destroyed for FTX creditors.

SBF to compensate victims
Days before the Solana auction, Kavuri reported that attorneys for the crypto exchange's class action lawsuit victims settled with FTX founder Sam Bankman-Fried.

The settlement, which Bankman-Fried calls “a big win for FTX victims,” will reveal details on many high-profile FTX clients, including Shaquille O'Neal, Kevin O'Leary, and Tom Brady.

"John Ray/FTX debtors have withheld information and hampered our class action," Kavuri added. “Sullivan and Cromwell is also a defendant.”

#BullorBear #FTT $FTT

#MarketSentimentToday

Terra Community To Pass Key Proposal Amid $LUNC Revival

Important Terra community suggestions might revitalize the coin by changing the Terra Classic environment. With the voting process proceeding and community input suggesting a good conclusion, Terra Classic's native token, LUNC, has risen in price.

Terra Community Will Approve Proposal

The Terra Classic community will vote on two ecological changes: a smaller block size and 10x higher gas prices. The proposed voting process is still on, with one day and over an hour remaining to declare the results.

Validator info, a real-time data analytics tool, reports that the proposal to reduce block size has received a stunning amount of votes. Only 0.11% of community members and validators oppose the initiative, while 99.88% support it.

Genuine Labs, a Terra Classic development organization, proposed the idea after finding hazards in Solana (SOL), Polkadot (DOT), and Cosmos. The proposed block size reduction from 5 MB to 2 MB will greatly minimize peer-to-peer spam in the ecosystem.

“We vote NO on proposal 12095 to increase gas fees x 10 to deter future attacks, this risks harming our ecosystem's growth, diminishing support for dApps, and driving up end-user costs,” the Terra community said on X (previously Twitter).

Despite substantial resistance, 59.99% approved for the proposition while 27.77% opposed it.

Declining Trading Volume Lifts LUNC Prices
The community's support for the initiatives may have boosted LUNC's price. The cryptocurrency rose over 10% in a day, according to reports. Trading volume for LUNC rose over 500%.

Other key measures were pessimistic despite the significant gain. Santiment charts showed LUNC's social and developmental decline.

Additionally the cryptocurrency price reversed. Terra Classic (LUNC) is down 28.5% in a month and 0.21% in 24 hours, trading at $0.00011. The cryptocurrency's 24-hour trading volume dropped 44.9%, according to CoinMarketCap.

#LUNC #USTC

💰💰XRP rises beyond $0.50 as Ripple prepares for $2 billion SEC penalty

Ripple will submit its SEC opposition brief on Monday.

Ripple will reply to the SEC's remedies-related opening brief's $2 billion fine proposal.

XRP went over $0.50 after almost a week of resistance.

On Monday, XRP reached $0.54 before Ripple filed its answer to the SEC remedies-related opening brief. XRP investors eagerly anticipate the payment firm's reaction to the regulator's $2 billion penalty proposal.

Ripple will respond to the SEC's opening brief, which requested $2 billion in penalties, on Monday with its remedy-related opposing brief. Like the SEC's short, Ripple's brief won't be released until Wednesday, although sections of it may be.

The lawsuit's developments boost XRP's price, so holders await Ripple's answer. One of Ripple's final opportunities to argue against penalties is the opposing brief.

In a Fox Business interview, Ripple CEO Brad Garlinghouse expressed confidence about the payment firm's development ambitions, stablecoin, and XRP usage. Learn about it here.

Since the court concluded the payment business breached the law, pro-Ripple attorney Bill Morgan stated Ripple will have to pay “some fines” and there may be no settlement. Ripple sells XRP to hedge funds, which the SEC claims is an unlicensed securities offering.

Options The previous day, Coinglass data showed XRP open interest increased over 15%. An rise in Open Interest and price usually indicates traders building long bets.
Technical analysis: XRP may challenge $0.60.
After a week of consolidation, XRP surpassed $0.50 barrier. From its April 13 low of $0.4188, the cryptocurrency has recovered 25%. Next resistance is psychologically critical $0.60 and the April 9 peak of $0.6431.

Fisher Transform Indicator confirms XRP bullish trend reversal. This technical indicator helps traders detect asset price turning moments and extreme prices.

The transform passed above the signal line, signifying a bullish trend reversal and opportunities for sidelined buyers to acquire XRP.

#XRP #Ripple $XRP

Shiba Inu Team Resolves Shibarium Outage As $SHIB Prepares For Surge

Shiba Inu developer Kaal Dhairya reported that the Shibarium network's short outage has been fixed. Validator networking problems caused the outage, which momentarily impacted Shibarium, a layer-2 blockchain solution in the Shiba Inu ecosystem.

Kaal said, “There was a temporary Shibarium outage caused by validator networking issues. Network is back online.” He further warned that although core network functioning has been restored, auxiliary services such Shibariumscan or external RPCs may continue to be disrupted until additional corrective efforts are taken.

Kaal stressed the need of infrastructure team cooperation to improve communication and operations. He advised external teams working on infrastructure-level aspects like RPC to collaborate with Shibarium. He stated, “If you're an external team working on Shibarium infrastructure (e.g., RPC, etc.), please reach out so we can streamline comms with you over shared telegram / slack channels.

Faceless Shiba Inu Price

SHIB's recent price changes are unaffected by the Shibarium outage. The four-hour SHIB/USD chart shows a symmetrical triangle pattern that has ruled the asset for weeks.

On April 12, the price broke below the triangle, signaling a downturn. SHIB quickly found support at the 100-day EMA and is currently probing the triangle's extended lower trendline.

A strong break above this level might invalidate the bearish breakout and set SHIB for a bullish surge north. However, volume activity on the chart suggests a calm trading environment without strong breakout surges.

This suggests that traders are unsure about the market's direction and waiting for further confirmation. Finally, the RSI is 67, barely below overbought. This suggests the market may rise before overextension.

If SHIB breaks above the extended lower trendline, it may rise to Fibonacci levels of 0.382 ($0.00002867), 0.5 ($0.00003203), and 0.618 ($0.00003527).

#SHIB #bitcoinhalving #Shibarium