Factors such as Elon Musk’s influence and community sentiment may impact Dogecoin’s price trajectory.Despite recent gains, Dogecoin faces challenges including potential sell-offs and competition from other memecoins.
Dogecoin, a cryptocurrency adorned with a Shiba Inu dog mascot, faces scrutiny over its potential to reach the $1 mark this cycle. Analysts hold diverse viewpoints on this matter.

Currently priced at $0.15, reaching $1 would signify a 525% increase. Recent data shows a modest 2.58% gain for DOGE over the last week, trailing behind other memecoins, which experienced notable upside price action.

Rekt Capital, suggests Dogecoin’s cyclical nature and established chart patterns hint at a likelihood of reaching the $1 target. He emphasizes the cryptocurrency’s “historical heritage” and its predictable cycles, frequently discussed among traders on social media.
Pav Hundal, lead analyst for Australian crypto exchange Swyftx, adopts a more cautious stance. While acknowledging Dogecoin’s large user community, he highlights the potential for sell-offs if the price experiences sharp spikes, particularly impacting long-term holders facing paper losses.
Hundal describes the situation as uncertain, indicating the decision-making of millions of investors who bought DOGE during previous cycles will play a crucial role in determining whether the cryptocurrency reaches $1.
One influencing factor could be the behavior of influential figures like Elon Musk. The billionaire entrepreneur has a history of tweeting about Dogecoin, which often leads to price fluctuations.
Despite Musk’s recent statement suggesting a diminished interest in cryptocurrency, traders remain attentive to any potential endorsements or remarks from him.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Dogecoin‬⁩ #DOGE

XRP has had a minor recent decrease, but it has had a large weekly increase while significant legal actions are anticipated to affect its future worth.Experts predict a significant surge in XRP, bolstered by robust technical indicators and possible legal wins.
When it comes to price projections and market activity, Ripple’s XRP stands out. According to the most recent data from CoinMarketCap, the price of XRP has slightly decreased by 0.37% over the past day to stay at $0.5463. Notwithstanding this small setback, the currency has appreciated by 9.10% during the last week, exhibiting a bullish trend.

Major cryptocurrencies such as Bitcoin and Ethereum have been exhibiting little to no notable price changes, until this rise. But XRP’s recent rise is drawing attention from analysts and investors alike, pointing to a potentially explosive future for the virtual currency.
Analysts Predict a Bullish Future  
Many cryptocurrency analysts think that XRP is about to make a big breakthrough, among them is Dark Defender. Dark Defender claims that XRP is in a critical position that may allow it to redefine its place in the market.

One of the main points of its current legal arguments is that they further contend that XRP should not be categorized as a security.
Technical data supports the positive prognosis for Ripple coin. According to technical analysis, the euro has created a “double bottom,” a powerful bullish indicator that suggests future upward movement.
EGRAG CRYPTO, another popular analyst, pointed out that XRP’s consolidation zone has changed into a supply zone, which might signal the start of a big market push.

Furthermore, using “Fibonacci levels” to suggest possible highs of up to $20 in the near future, analysts have set aggressive price goals for XRP. The market is feeling more optimistic as a result of a well-known trader named Mikybull Crypto expressing confidence that XRP is poised for a “explosive rally.”
Ripple vs. SEC Showdown 
This market optimism is framed by the ongoing legal dispute between the Securities and Exchange Commission (SEC) of the United States and Ripple. The SEC’s claims of XRP sales breaches are at the heart of the dispute, which has now moved into its last phase with a trial that started on April 23.
The company contended that the punishment should be limited to $10 million, but the SEC had earlier this year proposed a hefty $2 billion charge against Ripple.
Stuart Alderoty, chief legal officer of Ripple, expressed optimism that the trial would be fairly resolved, which might have a big impact on XRP’s market performance.
On the other hand, Ripple’s CTO projected that XRP’s price may rise by 1500% if the case is won, a scenario that many prominent analysts think might spark a huge post-resolution rally.
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This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#XRP #Ripple

Despite recent setbacks and a difficult regulatory climate, Grayscale and BlackRock are moving forward with their Ethereum ETF applications.Ethereum’s price is optimistic right now, indicating confidence even in the unlikely event that an ETF is approved.
Both BlackRock and Grayscale Investments are continuously updating their applications for a spot Ethereum ETF. These actions coincide with reluctance on the part of the Securities and Exchange Commission (SEC) and a general assumption of denial.
Grayscale and BlackRock Move Forward: Updates on Their Ethereum ETF Applications
The first cryptocurrency fund manager, Grayscale, just submitted an S-3 registration statement on April 23. In order to transform its current Grayscale Ethereum Trust into a spot exchange-traded fund (ETF), this filing is a crucial first step.
In keeping with Grayscale’s intention for a mini Bitcoin ETF, they have also filed for an S-1 registration for a mini Ethereum ETF. Still awaiting SEC approval, though, are these cutting-edge financial products, in line with what ETHNews previously disclosed.
NYSE Arca has been actively supporting Grayscale’s goals at the same time, as seen in its previous Form 19b-4 filing. This collaborative effort demonstrates the industry’s commitment to integrating Ethereum more centrally into the trading space.
BlackRock has also been working on another front. The financial titan made changes to its iShares Ethereum Trust Nasdaq registration. In contrast to conventional in-kind procedures, the amendment proposes cash-based creation and redemption processes.
By aligning the fund with other Ethereum ETF applications and previously approved spot Bitcoin ETFs, this strategic move seeks to potentially establish a new benchmark for cryptocurrency ETF operations.
Even with these developments, public opinion toward Ethereum ETF approval is still largely negative.
Due to doubts regarding the ETF’s short-term viability in the U.S. market, Bloomberg ETF analyst Eric Balchunas recently lowered the likelihood of approval to a startling 25%.
Furthermore, by May 31st, the betting platform Polymarket predicts an 11% likelihood of SEC approval.
The Most Recent Price Trends for Ethereum
The Bitcoin market is reflecting this cautious mindset. The ETH price is currently $3,251.17, according to the most recent data from CoinMarketCap. It has increased by 2.82% over the previous day.
With a 5.46% increase over the last week, Ethereum has demonstrated a positive tendency. This illustrates the market’s tenacious confidence in the face of regulatory uncertainty.

It’s interesting to note that the CEO of Coin Bureau believes there may be benefits to the delays in ETF licensing.
The argument is based on the traditional banking sector’s lackluster interest in cryptocurrencies, which suggests that a more gradual and methodical approach could prevent the market from becoming oversaturated too soon.
The public and investors are keeping a tight eye on the SEC as it prepares to reach a decision in May.
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This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#EthereumETF #ETH

The Solana network successfully resolves its congestion and block production problems, marking a significant improvement in its performance. Additionally, financial analyst Raoul Pal has provided an optimistic prediction for the price of SOL.
Solana’s price has risen by more than 2% today, indicating renewed investor confidence in the cryptocurrency. This surge aligns with the resolution of long-standing congestion issues on the Solana network, promising smoother transactions and improved network performance.
Solana Resolves Congestion: Instant Confirmations
The Solana community celebrates a major victory as SolanaFloor announces the successful resolution of long-standing congestion issues plaguing the Solana network. After grappling with repeated instances of congestion causing transaction failures and user dissatisfaction, SOL’s block production has returned to normalcy, with transactions now confirming in under two seconds.
This achievement marks a significant turnaround for Solana, which had been grappling with mounting challenges in recent months due to persistent network congestion, leading to project delays and investor frustration.
The journey to resolving SOL’s congestion woes has been challenging, characterized by numerous attempts and solutions from the Solana development team and community contributors. Despite initial efforts, such as solutions proposed by developers like Anza and upgrades like Stake Weighted Quality of Service (SWQOS), network congestion persisted.
However, with the latest breakthrough, involving intensive technical refinements, Solana is poised to reclaim its status as a high-performance blockchain capable of processing thousands of transactions per second (TPS).
Raoul Pal Bullish on Solana Price: Predicts $800 to $1200 Range
Real Vision CEO Raoul Pal has shared optimistic forecasts for Solana’s price in the near future. In a recent interview, Pal projected a price range of $800 to $1200 for Solana, expressing confidence in its growth potential. He even speculated a surge to $2000 during a full bubble cycle, emphasizing the significant opportunity presented by SOL. Pal’s bullish outlook mirrors broader market sentiment, with investors anticipating a positive trajectory for Solana following its recent breakthrough.

Amidst these developments, Solana’s price has risen by 2.37% to reach $157.92 at the time of writing. Its trading volume over the last 24 hours has surged by 24.17% to $3.13 billion. Notably, the cryptocurrency has recorded a 24-hour high of $159.94 and a low of $153.74, indicating dynamic market activity surrounding SOL.
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This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Solana #SOL

ADA has experienced a surge in activity recently, particularly in the number of large transactions. In just 24 hours, an astounding 25 billion ADA tokens were transferred.
This notable on-chain activity correlates with ADA’s price movements, prompting a closer examination of the on-chain metrics and their potential implications for the asset’s future.
Analyzing On-Chain Data: Surge in Large Transactions for ADA
Delving into the on-chain data reveals a significant uptick in the number of large transactions involving Cardano (ADA). Such spikes often indicate substantial movements of wallets by whales or institutional players, signaling potential preparation for market shifts, whether bullish or bearish. The volume of large transactions, reaching a peak of 27.67 billion ADA recently, underscores the magnitude of this activity.

Simultaneously, ADA’s price chart tells a compelling story. Following a period of decline, ADA has been making efforts to recover, hovering around the 50-day Exponential Moving Average (EMA) situated at approximately $0.5. However, it has struggled to achieve a decisive breakthrough, reflecting the ongoing uncertainty in the market.
ADA at Critical Juncture: Testing Key Resistance Levels
As ADA hovers just below the crucial 50-day Exponential Moving Average (EMA), all eyes are on whether it can muster the momentum to surpass this critical level. A successful breakthrough could pave the way for ADA to encounter the next resistance at around $0.55, aligning with the heightened on-chain activity observed.
Conversely, failure to breach the 50 EMA barrier may prompt ADA to revisit the support near $0.49, representing a recent low that could serve as a launching pad for another upward move.
The trajectory of ADA’s future hinges on the interplay between on-chain activity and market sentiment. However, the current market appears to be taking a pause before resuming its upward trajectory. There’s hope that the decrease in liquidity and volatility as the weekend approaches won’t result in a significant price downturn.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Cardano #ADA

In the last day, Hedera Hashgraph (HBAR) had a wild ride due to confusion and too much optimism. Yesterday, it shot up by over 105% in trading but then quickly dropped by more than 20%. This morning, it continued to fall, losing over 26% of its value. This rollercoaster could give critics more reasons to doubt cryptocurrencies.
Today, Hedera’s price started higher than yesterday’s opening, at $0.156441 compared to $0.090412. However, it quickly fell from its peak of $0.18025 earlier in the day to $0.132002 at the time of writing, marking a steep decline of over 26% in just a short period. But what caused this sudden drop?
Confusion Surrounds Hedera’s Announcement on BlackRock MMF Tokenization
The HBAR Foundation sparked widespread interest on social media when it posted about BlackRock’s ICS US Treasury money market being tokenized on Hedera.
This announcement, hailed as a significant milestone in asset management, garnered over 2 million views within hours. However, some misinterpreted the message, believing that BlackRock had chosen to tokenize its money market fund directly on the Hedera blockchain.

In reality, BlackRock was not directly involved in tokenizing its MMF on Hedera. Instead, the Twitter post referred to the availability of BlackRock MMF shares as tokenized assets on platforms like Archax and Ownera, in addition to Hedera.
Archax clarified this aspect in a blog post the same day, stating that they were expanding their offerings to include the BlackRock ICS US Treasury money market fund as a tokenized asset available on their platform and connected networks.
Social Media Reacts to HBAR Foundation’s Ambiguous Announcement
The HBAR Foundation’s announcement regarding the tokenization of BlackRock’s ICS US Treasury money market fund on Hedera sparked criticism and confusion on social media platforms. Many users, like Chris O (TheOCCryptobro), clarified that BlackRock itself was not directly involved in the tokenization process and had no affiliation with the Hedera protocol.
Chris O explained that the tokenization of the BlackRock fund on Hedera was initiated by a project within the HBAR community, similar to an individual purchasing a Rolex and sharing a photo on social media without implying a partnership with the luxury brand.

Hedera’s Volatility Fuels Anti-Crypto Sentiment
The recent rollercoaster ride experienced by Hedera Hashgraph (HBAR) has provided ammunition to anti-cryptocurrency voices, including prominent figures like Jamie Dimon, regulators, and Federal Reserve presidents. The sharp fluctuations in HBAR’s price, driven by misleading information and non-events, exemplify the type of instability that critics often associate with blockchain technology and cryptocurrencies.
Hedera’s rapid surge, followed by a steep decline within a short timeframe, underscores the perception of volatility without a solid foundation. This episode feeds into the narrative propagated by detractors, who argue that cryptocurrencies and decentralized finance (DeFi) lack stability and reliability, making them unsuitable for widespread adoption.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#hedera #HBAR

For the next six months, Worldcoin intends to sell up to 1.5 million WLD tokens weekly to specific trading firms outside the United States. Additionally, the digital identity project, Worldcoin, plans to boost its WLD token supply by as much as 19% during this period.
This increase will occur through a series of private sales to institutions located outside the United States.
Worldcoin Plans Significant WLD Token Supply Expansion
In an April 23 blog post, Worldcoin revealed its strategy to boost the supply of WLD tokens significantly. The subsidiary, World Assets, under the Worldcoin Foundation’s purview, will oversee the token issuance process. They aim to sell approximately 1.5 million WLD tokens, valued at about $8.2 million, weekly through private placements to institutional trading firms outside the U.S.
According to Worldcoin’s announcement, World Assets anticipates selling between 0.5 million and 1.5 million WLD tokens per week on average. This continuous influx will result in a proportional increase in the circulating supply of WLD tokens.

Over a span of six months, this initiative will introduce approximately 36 million new WLD tokens into the market, translating to an estimated value of around $197 million, based on CoinGecko data. Given the current circulating supply of 193 million WLD tokens, these private sales signify an 18.6% surge in the total available supply within the same timeframe.
Worldcoin’s Negotiation Strategy and Market Position
Worldcoin disclosed its intention to engage in negotiations with individual trading firms, especially those in competition with each other. The aim is to facilitate private placements at or near prevailing market prices for WLD tokens. This approach seeks to mitigate potential price impacts on the token.
Despite its current market capitalization of $1 billion, Worldcoin’s fully diluted value (FDV) stands significantly higher at $54.5 billion, considering the total value if all tokens were in circulation.

Launched from beta in July 2023, Worldcoin was co-founded by OpenAI CEO Sam Altman, current CEO Alex Blania, and Max Novendstern, who also leads the biometrics research firm Mana. Positioned as a crypto-based digital identity project, Worldcoin addresses identity challenges stemming from AI advancements and introduces a unique universal basic income model through its native WLD token.
Worldcoin’s Identity Registration Process and Price Movement
Identity Registration with the “World App”: Worldcoin users undergo identity registration using the company’s “World App,” where they scan their retinas at machines known as “Orbs.” In return for providing their biometric data, users receive approximately 25 Worldcoin, valued at around $137 currently.
Price Movement Amidst AI-Linked Crypto Rally: Benefiting from a broader surge in the prices of AI-linked cryptocurrency projects, Worldcoin experienced a remarkable 435% surge from its launch price of $2.17 on July 24 to its peak of $11.74 on March 10.

Recent Price Decline: Despite its previous upward trajectory, Worldcoin has witnessed a significant downturn in recent weeks, with its price plummeting by over 53% from its all-time high. Presently, it is being traded at $5.49.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Worldcoin #WLD

Shiba Inu (SHIB) is on the move once more, with its sights set on breaking the important level of $0.000028 and reaching $0.000036 by the end of April. This renewed movement comes as SHIB aims to continue its upward trajectory in the cryptocurrency market.
SHIB aims to surpass $0.000028 and reach $0.000036 by the end of April, following a recent 24% surge. This growth stands out amidst overall market stagnation after the Bitcoin halving. Technical indicators and trader sentiment indicate a potential continuation of SHIB’s upward momentum.
SHIB Sparks Activity Amidst Crypto Market Stagnation
Following a period of stagnation in the cryptocurrency market post-Bitcoin halving, Shiba Inu (SHIB) injected vitality with an impressive 24% surge on Sunday. However, this burst of momentum was short-lived, as SHIB’s value settled at $0.00002748 by Tuesday.
SHIB’s recent price performance has been turbulent, experiencing a notable decline from its 2024 peak of $0.00004563 to test support levels around $0.00002. This downturn mirrors broader market trends, with the crypto market grappling with downturns exacerbated by geopolitical tensions and the aftermath of Bitcoin’s halving.
Traders Monitor SHIB’s Technical Signals for Potential Breakthrough
Technical Analysis and Resistance: Technical indicators point towards potential resistance around the $0.000028 mark for Shiba Inu (SHIB). Despite this, traders maintain hope for a breakthrough. The 20-day Exponential Moving Average (EMA) serves as support around $0.000026, further reinforced by the 200-day EMA and the 50-day EMA to mitigate potential losses.
Monitoring Movement and Momentum: Traders closely watch SHIB’s movement against critical resistance levels and technical signals. A break above the descending trendline could indicate heightened trader risk appetite, fueling upward momentum towards the $0.000036 target.
Confirmation of Bullish Sentiment: Confirmation of bullish sentiment may arise from the Moving Average Convergence Divergence (MACD) indicator, particularly if the blue MACD line crosses above the red signal line in the four-hour range. In the short to medium term, significant targets for SHIB include $0.00003 and $0.000032, with the overarching goal of maintaining momentum towards higher resistance levels at $0.000036.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Shibainu #SHIB

The crypto community is buzzing with excitement about XRP, as several analysts are seeing positive signs in its chart and forecasting significant short and long-term increases.
Among these analysts is Ash Crypto (@Ashcryptoreal), who has set targets for multiple cryptocurrencies over a 12 to 15-month period. With a decade of experience in crypto trading since 2014, Ash Crypto is using their expertise to predict future prices for specific cryptocurrencies.
XRP Predicted to Reach $3 to $5 Within 12-15 Months
XRP has been highlighted among Ash Crypto’s predictions, with the analyst believing that the digital asset could attain a price range of $3 to $5 within a timeframe of 12 to 15 months. Currently, XRP is trading at $0.546, reflecting a 4.13% increase over the past 24 hours.
If Ash Crypto’s targets materialize, XRP could potentially surpass its all-time high of $3.84, which was achieved in January 2018. The community has eagerly awaited XRP’s resurgence, as the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) hindered its progress in 2021.
The SEC lawsuit not only affected XRP’s growth and adoption in the U.S., but it also prevented the digital asset from reaching its full potential. However, the resolution of the lawsuit could mark a turning point for XRP, paving the way for it to ascend to new heights.
Anticipating XRP Growth by 2025 – Insights
Ash Crypto’s proposed 12-to-15-month timeframe hints at significant price growth for XRP, expected between April 2025 and September 2025, potentially coinciding with the peak of the current bull run. However, some XRP holders might view a price target of $3 during this period as somewhat underwhelming, as it falls short of XRP’s previous all-time high.
Long-term investors in XRP might feel they missed out on substantial gains during the 2021 bull market, as the asset only reached a high of $1.9. However, those who continue to hold on might have the chance to reach the upper limit of $5.
Despite ongoing skepticism, Ripple Chief Technology Officer (CTO) David Schwartz recently pointed out that XRP has surged by 1,500% over the past seven years. This historical performance suggests that XRP may achieve even greater milestones in the future.
Ash Crypto’s Bullish Predictions for Cryptocurrencies
Ash Crypto holds a highly bullish stance on various cryptocurrencies, setting ambitious price ranges for each:
Bitcoin (BTC): $100,000 to $250,000Ethereum (ETH): $10,000 to $15,000BNB: $900 to $1,400SOL: $450 to $650DOGE: $1DOT: $100 to $120LINK: $250 to $500AVAX: $200 to $300ICP: $120 to $160INJ: $180 to $250TIA: $100 to $150MANTA: $30 to $70
These predictions reflect Ash Crypto’s optimistic outlook for the future performance of these cryptocurrencies.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#XRP #Ripple

In the face of continuous market instability, BNB is currently trading at $603.68, representing a 4.12% increase in just one day.The market strength of BNB Chain is under threat due to a recent fall in trading volume and network activity.
The cryptocurrency market has had substantial swings in recent weeks, with Binance Coin (BNB) attracting much public attention. Binance Coin (BNB) has been trading laterally for some time now, stirring investors’ curiosity by making erratic swings in the market.
BNB Current Price Trends and Analysis
According to the latest data from Coinmarketcap, the price of BNB is now $603.68, up 4.12% over the past 24 hours and 4.74% in a weekly movement.

On March 13th of 2024 an up trend suddenly ended, BNB came to stand between $520 and $630. On the trading charts, doji candlesticks which represent investor indecision and a balance of power between buyers and sellers, well describes this kind of price action.

Technical signs indicate that BNB is alternating between levels of major support and resistance. The important resistance levels are $600, $650, and $700, while the $400, $350, and $300 support levels are indicated.
The little doji candlesticks that are present, which are mainly found between the moving average lines, highlight the continued lack of enthusiasm and uncertainty about the direction of the market.

Possible Changes in Price
If the price of BNB breaks over the resistance level of $645, it may spark the uptrend again and target a high of $920. On the other hand, a violation of the $520 support level might lead to a decline to as low as $420, indicating a bearish shift.
Within the BNB Chain ecosystem, there has been a noticeable drop in trading volume and network activity.
Just $62,500 was made on April 15, which begs questions about the BNB market’s underlying health and potential for growth.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#binancecoin #BNB⁩

PEPE’s 35% rise to $0.00000653 illustrates market optimism, raising questions about whether it will continue in April.PEPE’s price rose 12.32% in 24 hours to $0.00000653, putting it in the top 50 cryptocurrencies with a market worth of $2.74 billion.
With its impressive rise and endurance in recent weeks, the PEPE cryptocurrency has captured the attention of both traders and investors due to its optimistic market structure.
PEPE’s price is presently trading at $0.00000653, crazy up 35% for the last week and a notable 12.32% increase over the last 24 hours, according to the most recent data from CoinMarketCap.
On impact, its market cap has increased to $2.74 billion, placing it among the top 50 biggest cryptocurrencies.
PEPE Trading Activity and Supply Dynamics
That increase comes after early March consolidation, during which PEPE prices steadied in a crucial demand region and prepared the way for the current upswing.
The price increase, which has also improved the market mood, suggests a maturing market environment. It also reflects a decline in supplier profitability and a slowing in trading activity.

The On-Balance Volume (OBV) indicator has been trending downward over the past month, but recent developments indicate a turnaround, with higher lows recorded over the last week. This little but important movement indicates that bulls are becoming more confident and suggests that the dynamics of the market may be changing.
Furthermore, there is an early indication of bullish momentum on the 12-hour chart as the Relative Strength Index (RSI) has risen above the neutral 50 mark. The price’s defense of the 61.8% Fibonacci retracement level at $0.00000481 last week is evidence of this, which gives investors more confidence.
Future Prospects and Resistance Levels
PEPE must overcome resistance, though, which is located in the historically difficult-to-break $0.000006–$0.000007 region. This location presents a substantial issue from a technical standpoint, as the liquidation heatmap illustrates.
If successfully navigated, the approaching sweep of liquidation levels around $0.0000065 could act as a trigger for additional price hikes.
Future possible resistance and support zones, particularly those around $0.000004 and $0.0000084, are also the focus of the market.
These levels stand in for important cutoff points that might control PEPE’s near-term price fluctuations. Traders are cautioned that another dip may occur if the current bearish structure is not broken soon.
On the other hand, according to a previous report, Coinbase International Exchange’s announcement that it will start offering PEPE perpetual futures trading on its platform has increased interest in and added to the attraction of this meme token.
This action by a significant exchange highlights the increasing acceptance and curiosity of meme tokens, which are still gaining traction in the digital asset market.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#PEPE

ICON recently revealed that its cross-chain decentralized exchange (DEX) and lending platform, Balanced, is now integrated with the Injective blockchain.
This integration enhances the interoperability capabilities of ICON’s ecosystem, allowing for seamless interaction between Balanced and Injective’s infrastructure.
ICON Enhances Liquidity with Injective Integration
Balanced, a decentralized protocol central to the Balanced Dollar stablecoin, bnUSD, has expanded its operations by integrating with the Injective blockchain. This integration enables Balanced to serve all blockchains connected to the ICON Network, promoting interoperability and facilitating cross-chain transactions.
Following the integration, ICON has announced its intention to regularly acquire Injective’s native token, INJ, for its network’s liquidity pool (NOL). The NOL is essential for providing liquidity on Balanced DEX, ensuring smooth cross-chain transactions with minimal impact on prices.

As part of the adjusted NOL allocation, INJ will receive the largest share. An interface for trading the INJ-bnUSD pool will be launched soon, allowing users to effortlessly transfer their INJ tokens from ICON to Injective. Currently, users are advised to conduct Injective trading directly on the ICON platform. ICON’s ecosystem operates on a unified governance structure, facilitating seamless integration and collaboration between different blockchain networks.
Earlier this year, Balanced and ICON collaborated to enhance the functionalities of their cross-chain DeFi protocol. This partnership introduced an economic enshrinement strategy, utilizing network-layer inflation to incentivize desired behavior within the application. As a result, 50% of the application’s revenue is allocated to purchasing and burning the network token, thereby enhancing its value and sustainability.
Injective Proposes Reduction in INJ Token Creation Parameters
Injective, known for its interoperable blockchain platform for creating advanced Web3 financial applications, offers developers various customizable modules like a decentralized orderbook, binary options, and a real-world asset (RWA) module. These modules empower developers to craft a wide range of complex applications.
In a recent update, Injective has suggested reducing the on-chain parameters linked to the creation of new INJ tokens. This proposal aims to make the INJ token more deflationary by lowering its inflation rate bounds. Injective aims to position the INJ token as one of the most deflationary cryptocurrency assets, potentially rivaling Bitcoin in this aspect. This proposal resembles Bitcoin’s halving events, known to affect its supply dynamics and price trends.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Injective #INJ

The Shiba Inu project team has raised $12 million in funding. They’re working on a layer 3 network with Zama’s homomorphic encryption tech, backed by $73 million.
The test version is set for release in Q3 2024, meeting regulations and prioritizing community security and privacy.
Shiba Inu’s Venture Funding Journey
Shiba Inu secured funding for its project by selling the TREAT token to venture investors. This funding milestone is crucial as the project sets out to develop a new blockchain with a focus on privacy. The blockchain will be built on top of Shibarium, a layer 2 solution created for Ethereum.
Lead developer Shytoshi Kusama highlighted the project’s dedication to privacy and innovation. While Kusama didn’t reveal the full list of investors, he mentioned that none of them are from the United States. He thanked the community for their support and pointed out the project’s diverse ecosystem, covering core technology, gaming, AI, metaverse, DeFi, self-sovereign identity, and encryption.
Kusama mentioned that the fundraising process started months ago and wrapped up in early April. The funding includes both pre- and seed rounds, indicating strong investor interest in Shiba Inu’s vision and technology. Interestingly, TREAT will be the final token in the project’s ecosystem, symbolizing a new phase of development and expansion.
Shiba Inu’s Funding Partnerships and Technological Milestones
Shiba Inu has recently secured funding from big names like Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Labs, Stake Capital, and Comma 3 Ventures. These partnerships show that major investors believe in Shiba Inu’s project and its potential for future growth and innovation.
In August 2023, Shiba Inu reached a major milestone by launching Shibarium, a layer 2 solution meant to make Ethereum transactions faster and cheaper. This was a big step in tackling Ethereum’s scalability issues.
Following the Shibarium launch, Shiba Inu quickly gained popularity, attracting over 100,000 active users in just a week. This growth continued, and by September 2023, the project had surpassed one million active users. These achievements highlight Shiba Inu’s strong technological base and its ability to draw in and keep a large and growing user community.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInu #SHIB

Polygon’s Proof of Stake (PoS) network has seen over 1 million daily active addresses for a consecutive 30 days. Despite challenges in its DeFi sector, Polygon’s NFT sector experiences growth, marked by rising trading volumes and heightened interest in significant collections.
As the cryptocurrency market strives to recover after the halving event, Polygon (MATIC) emerges with an interesting development. While facing challenges in its decentralized financial (DeFi) operations, the blockchain technology experiences notable activity in the non-fungible token (NFT) market.
Polygon’s Resilience and NFT Surge
Despite the ever-changing landscape of the cryptocurrency ecosystem, Polygon (MATIC) has maintained its momentum. Over the past 30 days, its Proof of Stake (PoS) network has consistently recorded more than 1 million daily active addresses, showcasing its strong user base and operational stability.
The NFT sector on Polygon has witnessed a significant surge in interest recently. Data from Artemis reveals a substantial increase in NFT trade volume on the platform over the past few days.
Particular attention has been drawn to prominent NFT collections such as CryptoKhat and CyberKongz. The community’s interest in these collections has led to heightened trading activity, further fueling the momentum of the NFT sector on Polygon.

Challenges Facing Polygon’s DeFi Sector
Despite its overall resilience, Polygon faces challenges in its decentralized finance (DeFi) sector. Over just one week, the Total Value Locked (TVL) in Polygon’s DeFi sector has dropped from $1.1 billion to $890 million, signaling a significant decline.
Decrease in DEX Volume: Additionally, there has been a noticeable decrease in the volume of decentralized exchanges (DEX) operating on the Polygon network. This decline suggests that users are opting for alternative platforms for their DeFi activities, posing a concern for Polygon’s long-term viability in this market.
Implications for Polygon’s Position: The preference for other platforms over Polygon for DeFi-related activities raises concerns about its competitive standing in the DeFi market. If this trend persists, Polygon’s position in the highly competitive DeFi landscape could be severely compromised.
MATIC Accumulation Continues Amid Operational Challenges
Despite operational difficulties, the number of addresses holding MATIC is on the rise, suggesting ongoing accumulation of the token by investors.
As of the time of writing, MATIC is trading at approximately $0.7361, reflecting a modest 0.93% increase over the last 24 hours according to CoinMarketCap. However, there has been a significant 27.3% decrease in price over the previous month, mirroring broader market trends.
Despite fluctuations in price and market conditions, MATIC’s future prospects are bolstered by positive developments.
In a notable development, SukuPay has leveraged USDC Circle on Polygon to streamline its international transactions. This application demonstrates Polygon’s flexibility and practical utility in real-world scenarios, underscoring its potential for broader adoption and use cases.
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This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Polygon #MATIC

As the overall market rebounds from the negative effects of the East Asian crisis, altcoins are staging a comeback. One such coin experiencing a resurgence is Chainlink (LINK). Its price movement indicates the possibility of a significant upward trend, signaling the start of a potential bullish run following another bounce back.
For the third time, the $13 support level is proving crucial for Chainlink’s potential bullish turnaround, acting as a safety net. This hints at a stronger rebound in the making. Can this turnaround push Chainlink’s price beyond $20?
LINK Price Analysis: Struggles and Recovery
The LINK price movement appears to be caught in a sideways trend on the daily chart, facing challenges to maintain bullish momentum. Repeatedly testing the crucial support level at $13, the chart hints at a potential bearish signal with the looming threat of a death cross, as indicated by the downward trend of the 50-day Exponential Moving Average (EMA).

Despite a significant 40% dip to the $13 level, breaking below the 200-day EMA, Chainlink finds renewed bullish momentum, leading to an 18% surge over the past five days.
The recovery rally showcases a V-shaped reversal pattern, reclaiming the psychological milestone of $15. Currently, LINK is trading at $15.475, marking a 2.49% intraday increase and suggesting a resurgence in bullish sentiment.
Technical Indicators
EMA: Both the 200-day and 50-day EMAs suggest a potential death cross, signaling bearish sentiment. However, if the recovery rally manages to push the price above the 50-day EMA, it could mitigate this risk and potentially reignite the uptrend.
Chainlink Price Forecast: Buying Opportunity Amid Recovery
As the market stages a recovery, the LINK price surge presents an enticing opportunity to capitalize on the dip. Should the current positive momentum persist, Chainlink could potentially surpass the $20 threshold. Moreover, with optimism in the air, there’s a possibility for the uptrend to extend its reach towards the $30 mark.
However, it’s essential to consider the flip side of the coin. A reversal in momentum around the $16 level could trigger a downturn, potentially leading to a retracement back to $13. A more significant dip below the $13 support level could spell trouble for Chainlink, signaling a potential 30% decline to $8.50.
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This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Chainlink #LINK

With the technology sector thriving, artificial intelligence (AI) stocks have become increasingly popular among investors. They offer an attractive opportunity for those looking to invest in the market.
The AI stocks have recently gained significant traction, riding the wave of popularity in the technology sector. Investors are increasingly drawn to these assets, making them a focal point within the investment landscape. Here, we delve into the top five artificial intelligence (AI) stocks currently capturing investor interest.
The Rise of AI Stocks in the Evolving Technology Market
In the rapidly evolving technology market, artificial intelligence (AI) stocks have emerged as prominent players. Notably, both the AI and generative AI (GenAI) sectors have become globally recognized trends due to their broad range of applications. However, alongside their popularity, concerns about legal issues and uncertainties have also come to the forefront.
Various global entities, including the EU, China, and others, have made strides in regulating AI. Despite these challenges, AI remains an appealing investment opportunity for investors. Statista projects the AI market size to reach $50.16 billion by 2024, with an anticipated annual growth rate (CAGR 2024-2030) of 28.30%. This growth trajectory could lead to a market volume of $223.7 billion by 2030.
Focus on Five Prominent AI Stocks
Given this promising outlook, investors are increasingly focusing on specific AI stocks that stand out in the market. Let’s delve into the five AI stocks currently garnering investor attention.
1. Nvidia: Leading the Way in AI Technology
Nvidia stands out as one of the foremost technology firms in the United States, specializing in GPU production and spearheading advancements in artificial intelligence (AI). With its headquarters in California, the company boasts a substantial market cap of $1.9 trillion, solidifying its position as a frontrunner in the technology sector.
Since its inception in 2023, Nvidia has experienced remarkable growth, fueled by its contributions to AI chip production, which are currently in high demand worldwide. Additionally, the company has seen a notable increase in earnings over recent quarters, underscoring its robust performance in the market.
Nvidia’s P/E Ratio stands at 63.82, with a forward P/E ratio of 37.72. Impressively, the NVDA stock price has surged by nearly 60% year-to-date (YTD) and has soared by over 180% in the last 12 months, reflecting its strong market performance and investor confidence.
2. Intel: Advancing in AI and Technology Services
Intel stands as another prominent technology firm, headquartered in Santa Clara, California, with a focus on cloud computing, data centers, and the Internet of Things (IoT). Alongside these services, the company has ventured into the realm of artificial intelligence (AI), aligning itself with other leading players in the industry.
In a recent event on April 9, Intel announced its forthcoming launch of the AI chip Gaudi 3, signaling its commitment to innovation in the AI space. This move underscores Intel’s dedication to staying at the forefront of technological advancements.
With a market capitalization of $144.59 billion, Intel maintains a P/E ratio of 87.69, along with a forward P/E one-year ratio of 57.44. Additionally, the company offers a current yield of 1.43% and an annualized dividend of $0.50. Despite a challenging year-to-date (YTD) performance, with INTC stock price declining over 28%, this dip may present a buying opportunity for astute investors.
Investors are eagerly awaiting Intel’s financial results for the first quarter of fiscal 2024, scheduled for release on April 25 after the market close. This announcement could provide valuable insights into the company’s performance and future prospects.
3. Microsoft: A Tech Giant Leading the Way
Microsoft stands as one of the largest technology firms globally, with an impressive market cap of $2.96 trillion. Headquartered in Washington, the company is renowned for its role as a leading personal computer (PC) producer. It maintains a P/E ratio of 36.09, with a forward P/E one-year ratio of 34.82.
Microsoft has garnered significant attention in the tech sphere, particularly for its collaboration with OpenAI, the creator of ChatGPT. As ChatGPT and OpenAI continue to gain popularity, Microsoft has solidified its position at the forefront of the AI revolution, reflecting its commitment to innovation and advancement in the technology sector.
Investors are eagerly awaiting Microsoft’s Q3 FY24 financial results, scheduled for release on Thursday, April 25, after the market closes. This report is anticipated to provide valuable insights into the company’s performance and outlook for the future.
Despite fluctuations in the market, MSFT stock has demonstrated resilience, soaring over 7% year-to-date (YTD) and posting a remarkable increase of over 40% in the past year. This strong performance underscores investor confidence in Microsoft’s capabilities and potential for growth.
4. Tesla: Driving Innovation in AI and Electric Vehicles
Tesla, led by billionaire Elon Musk, is not only a powerhouse in the automotive industry but has also made significant strides in the field of artificial intelligence (AI). The company, renowned for its production of electric vehicles and commitment to the clean energy sector, has emerged as a key player in AI technology integration.
Tesla’s utilization of advanced AI technologies in its vehicles has garnered widespread attention from investors and industry observers alike. This strategic focus on AI underscores Tesla’s commitment to innovation and its vision for the future of transportation.
Elon Musk’s visionary approach to advancing artificial intelligence, exemplified by initiatives like the launch of xAI, has further solidified Tesla’s position as a leader in AI innovation. Musk’s emphasis on AI development aligns with Tesla’s mission to revolutionize not only the automotive industry but also the broader technology landscape.
With a market capitalization of $468.32 billion and a P/E ratio of 34.12, Tesla remains a formidable force in both the automotive and technology sectors. However, despite its technological advancements, the company has experienced a decline in stock price, losing nearly 40% year-to-date (YTD).
5. CrowdStrike Holdings: Leading the Charge in Cybersecurity
CrowdStrike Holdings stands out as a prominent cybersecurity firm, offering a range of cloud-based solutions, threat intelligence, and related services to its clientele. Headquartered in Austin, Texas, the company boasts a substantial market capitalization of $68.36 billion, reflecting its significant presence in the cybersecurity industry.
In light of growing concerns surrounding global cybersecurity threats, CrowdStrike has garnered notable traction within the market. The company’s expertise in providing advanced cybersecurity solutions has positioned it as a key player in addressing the evolving challenges faced by organizations worldwide.
Despite fluctuations in the market, CrowdStrike’s stock has demonstrated resilience and consistent growth. With a high P/E ratio of 785.11 and a forward P/E ratio of 262.59, the firm’s financial metrics indicate strong investor confidence in its future prospects.
Over the past 52 weeks, CrowdStrike’s stock has reached a high of $365 and a low of $115.67, reflecting both its volatility and potential for significant gains. Notably, the CRWD stock has experienced a 14% increase year-to-date, with an impressive gain of 116% over the last 12 months.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#AI

FTX plans to auction Solana tokens amid bankruptcy liquidation, possibly leading to community bidding. Solana is testing crucial $156 resistance, eyeing a potential surge to $185.
FTX, facing bankruptcy since November 2022, is taking a big step by auctioning off a large amount of Solana (SOL) tokens. This move is part of their plan to settle debts. Unlike before, they’re not selling at fixed prices but using auctions, which could shake up how the market works.
FTX’s Auction Strategy for Solana Tokens
Previously, FTX sold between 25 million and 30 million SOL tokens, generating nearly $1.9 billion. These were sold at $64 each, a significant 60% discount from the market price at the time. However, buyers had to lock their SOL for four years in exchange for the discount, as explained by Eva Weng from Caladan.
The decision to switch to an auction format this time could lead to competitive bidding, potentially impacting Solana’s market price. Although Mike Cagney, CEO of Figure Markets, confirmed the auction, final details are still pending.
Figure Markets, led by Mike Cagney, is developing a Special Purpose Vehicle (SPV) to enable the crypto community’s involvement in the auction. This mechanism aims to attract both non-US and accredited US investors, allowing them to participate in community consensus to set bid prices and manage subsequent investments.
Implications of Auction Format on Solana Pricing
The adoption of an auction format may intensify bidding activity, potentially impacting Solana’s pricing trends.
Currently, Solana’s price is showing signs of a potential upswing. After hitting a high of $210 on March 18, it experienced a significant decline of over 44%, dropping to around $116 on April 13. However, it has since rebounded, trading nearly 30% higher from the low.

This recovery is crucial as Solana faces major resistance levels near $156, a significant Fibonacci retracement point. If Solana manages to sustain its position above $156, it could potentially rise by 22% to around $185, targeting the 0.786 Fibonacci level. Conversely, failure to surpass this barrier might lead to support at $145.56.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Solana⁩ #SOL

NEAR Protocol’s native token has emerged as one of the top performers in the last 24 hours. Bitcoin’s price is steadily rising after the recent halving, surging above $66,000 for the first time in a week.
Other altcoins have also seen modest gains, with Ethereum reclaiming $3,200 and BNB surpassing $600.
Bitcoin’s Rollercoaster Week
Bitcoin started the business week with a rebound, reaching close to $67,000 on Monday, showcasing a recovery from the previous weekend’s losses. However, geopolitical tensions, notably between Iran and Israel, among other external factors, exerted downward pressure on the asset once more.
Bitcoin dipped below $60,000 multiple times during the week, including a drop on Friday just before the highly anticipated fourth halving event.
Despite the setbacks, Bitcoin quickly bounced back, soaring to around $65,000 shortly afterward. This surge persisted as the block rewards for miners were halved. Since then, BTC has been steadily climbing, reaching a weekly peak of over $66,000 earlier today.
Its market cap has reached $1.3 trillion on CoinGecko, with its dominance over alternative cryptocurrencies rising to 51%.

Altcoins Follow Bitcoin’s Lead with Mixed Gains
Most altcoins have mirrored Bitcoin’s upward trajectory, albeit with minor gains. Ethereum has seen a 1% increase in the past 24 hours, surpassing $3,200, while Binance Coin has surged over 4%, trading above $600.
Mixed Performance Among Altcoins: Several altcoins, including SOL, XRP, ADA, AVAX, DOT, and LINK, have experienced gains, while others like TON, DOGE, SHIB, TRX, and BCH are slightly down.
NEAR Protocol Leads in Value Addition: Among larger-cap altcoins, NEAR Protocol’s native token has seen the most significant increase in value over the past 24 hours. NEAR has surged by approximately 8%, approaching $7.
Total Crypto Market Cap on the Rise: The total cryptocurrency market cap has risen by an additional $40 billion overnight, exceeding $2.550 trillion on CoinGecko.

In Summary
Bitcoin had a volatile week, initially rebounding to nearly $67,000 but facing downward pressure due to geopolitical tensions, dipping below $60,000 multiple times. However, it quickly recovered, reaching $65,000 as miners’ rewards halved. Bitcoin hit a weekly peak of over $66,000, with its market cap reaching $1.3 trillion and dominance over altcoins rising to 51%.
Most altcoins saw minor gains, with Ethereum surpassing $3,200 and Binance Coin trading above $600. Some altcoins, like SOL, XRP, ADA, AVAX, DOT, and LINK, experienced gains, while others, including TON, DOGE, SHIB, TRX, and BCH, saw slight declines. NEAR Protocol’s token surged approximately 8%, nearing $7, leading among larger-cap altcoins. The total cryptocurrency market cap increased by $40 billion, exceeding $2.550 trillion on CoinGecko.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#NEARProtocol #NEAR

Dogecoin is trying to bounce back above the $0.150 mark against the US Dollar. However, it might face difficulty breaking through the $0.170 barrier.
DOGE began recovering from the $0.1280 support against the US dollar. It’s now above $0.1500 and the 100 simple moving average (4 hours). On the 4-hour chart of the DOGE/USD pair (data from Kraken), a crucial bearish trend line is forming with resistance at $0.170. For a positive shift and a new upward trend, the price needs to close above $0.170.
Dogecoin Price Analysis: Recovery Challenges Ahead
After experiencing a significant drop, Dogecoin found support at $0.1280, forming a low at $0.1283. Following suit with Bitcoin and Ethereum, DOGE initiated a notable recovery, surpassing resistance levels at $0.1350 and $0.140.
Despite climbing above the 23.6% Fibonacci retracement level of the downward movement from the $0.2093 high to the $0.1283 low, bears remain active, hindering further gains. Additionally, a crucial bearish trend line is forming with resistance at $0.170 on the 4-hour DOGE/USD chart.

Presently, Dogecoin is trading below the $0.1650 level and the 100 simple moving average (4 hours). Resistance lies near $0.1690, representing the 50% Fibonacci retracement level. The next significant barrier is at $0.170, with a breakthrough possibly propelling the price toward resistance at $0.1880. Subsequent resistance levels stand at $0.200 and $0.220, should the uptrend persist.
Dogecoin Price Forecast: Potential Support and Resistance Levels
If Dogecoin fails to accelerate above the $0.170 mark, it could signal another downward trend. Initial support is anticipated around the $0.1525 level, followed by a more significant support near $0.1475. Should the price break below the $0.1475 support, further decline is possible, potentially targeting the $0.1280 level.
On the positive side, the 4-hour MACD for DOGE/USD is showing bullish momentum, while the 4-hour RSI is above the 50 level, indicating strength in the market.
Key Levels to Watch
Support: $0.1525, $0.1475, $0.1280
Resistance: $0.1690, $0.1700, $0.200
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Dogecoin‬⁩ #DOGE