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Showing posts with the label price

PEPE’s price explosion: what’s behind meme coin’s surge

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The Pepe token, PEPE, reached a two-week high of $0.000001345 as its social volume and whale activity witnessed a slight upward momentum.  PEPE is up by 15% in the past 24 hours and is trading at $0.000001335 at the time of writing. The meme coin’ s market cap currently stands at roughly $557 million, with a 24-hour trading volume of $167 million. PEPE price , whale activity, social volume, and active deposits – Nov. 9 | Source: Santiment Despite the recent surge , Pepe’s price is still down by 69% from its all-time high of $0.000004354 on May 5. The asset recorded an 89% surge over the past 30 days as the broader crypto market entered a bull run.  You might also like: Trust Wallet (TWT) plunges over 10% as Binance unveils new wallet According to data provided by the market intelligence platform Santiment, Pepe’s social volume skyrocketed by 105% over the past day. Data shows that the social activity mainly comes from X (formerly Twitter), Telegram, and Re...

Bitcoin price cracks $30K, possibly clearing a path for SOL, LINK, AAVE and STX

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Bitcoin’s strong rally to $30,000 may have kick started a sharp recovery in SOL, LINK, AAVE and STX. Bitcoin (BTC) had a good week with prices rising about 10% to reach the psychologically important level of $30,000. After the rally, the question troubling investors is whether the uptrend will continue or is time for a reversal to happen. Trading team Stockmoney Lizards recently said that Bitcoin may soon break above its overhead resistance and start a sharp rally. They believe the approval for the exchange-traded fund will drive mass adoption and trigger the rally before the halving due in April 2024. Crypto market data daily view. Source: Coin360 A positive development this week was that Bitcoin’s strength rubbed off to several altcoins, which surged above their respective overhead resistance levels. This suggests that the sentiment is gradually turning positive and that it may be time to consider buying selectively. Typically, the coins that lead the markets higher are the ones th...

Machine learning algorithm sets SHIB price for October 31

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Since reaching a four-month peak in August, Shiba Inu (SHIB) has taken a sharp nosedive, pushing its 2023 losses to nearly 10%.  This descent comes amidst a broader downturn in the cryptocurrency market, marking a challenging year for meme cryptocurrencies, with only sporadic short-term rallies.  With the prevailing sentiment for SHIB leaning bearish and increasing uncertainty in the crypto sphere, Finbold has turned to predictive analytics to shed light on the near-term prospects of the second-largest meme crypto asset. According to the data retrieved on October 3, the machine learning (ML) algorithm s on PricePredictions project SHIB to trade at $0.000007260, implying a slight price decrease of roughly 0.6% from its current price .  SHIB price prediction for October 31. Source: PricePredictions.com Cryptocurrency AI forecasts Solana price for the end of 2023 Cryptocurrency Crypto recession alert: Mike McGlone signals troubles ahead ...

Litecoin (LTC/USD) price halved during the summer; what next?

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Litecoin’s price halved in less than three months Buying the dip is risky despite a small head and shoulders pattern forming The dollar’s rally needs to stop for coins like Litecoin to reverse fortunes The US dollar registered one of the biggest rallies ever during summer . For example, it gained against the EUR for eleven consecutive weeks – the first time ever!  It wasn’t only the EUR that the dollar strengthened against. In fact, it was a broad-based dollar strength, as it squeezed everything in its way higher.  That means cryptocurrencies, too.  Some of the cryptocurrencies fared better than others. For example, Bitcoin still holds close to its 2023 highs, moving in a horizontal consolidation for months.  However, some other coins did not perform so well. Litecoin (LTC/USD) is one of them, as its price halved during the summer months. It was trading at $115 in July, only to drop to $60 in less than two mo...

Dogecoin price prediction as Shiba Memu’s presale hits $2.6M

Key takeaways Dogecoin has been underperforming in recent days and risks dropping below the $0.060 level in the near term. Shiba Memu’s presale continues to reach new highs and recently crossed the $2.6 million region. DOGE, the native coin of the Dogecoin ecosystem, has been one of the worst performers over the past seven days. It has lost more than 4% of its value in recent days, with Bitcoin also struggling below $26k. However, the market’s poor performance hasn’t halted Shiba Memu’s ongoing presale from hitting new highs.   DOGE could drop below $0.060 soon DOGE is one of the worst performers amongst the top 10 cryptocurrencies by market cap over the past seven days. The leading meme coin has lost more than 5% of its value during that period. At press time, the  price of Dogecoin stands at $0.06027. If the bearish trend continues, DOGE could drop below the $0.060 mark. The poor performance comes as the broad...

Shiba Memu, Hifi finance, and Bitcoin price prediction

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$26,500 level holds the potential to serve as a pivotal point for Bitcoin price. According to market analysts, Hifi Finance could hit the highest price of $1.0. At press time, one Shiba Memu (SHMU) coin was going for 0.028225 USDT. The crypto market is once again on a bull cycle after a brief bear market that saw Bitcoin briefly drop below $25,000. As the crypto market rallies a number of cryptocurrencies among them Hifi Finance, Bitcoin, and Shiba Memu are trending. Shiba Memu, a new cryptocurrency project is riding the meme coins and artificial intelligence wave. Alhough its first target is to contend the top position among meme coins, the coin will most likely be among the top cryptocurrencies by the end of 2023 going by the way investors are trooping to the project. Shiba Memu is currently in the presale phase and it has already raised $2,931,352.80. Besides using AI to market itself, the price of Shiba Memu (SHMU) beeps adjusting upwards every few hou...

Machine learning algorithm sets SHIB price for October 1, 2023

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The past month has brought forth a perplexing narrative for traders in the Shiba Inu (SHIB) community. Over the course of just 30 days, SHIB has endured a rather tumultuous journey, witnessing a significant dip of 13.18% in its value.  This stark decline has left traders scratching their heads, especially when juxtaposed with the resounding success of the Shibarium relaunch, which has facilitated over 2.85 million transactions since its triumphant return on August 20th. With the near future holding a shroud of uncertainty in terms of updates and developments, investors and enthusiasts have turned to sophisticated tools and machine learning algorithms to gain insights into SHIB’s price trajectory. Finbold has harnessed the power of predictive analytics to shed light on what October 1, 2023, might have in store for SHIB holders. As of September 18, 2023, the projections unveiled by Finbold’s data-driven models hint at SHIB poised to trade at $0.0000073 at the dawn ...

3 reasons why Pepe price will continue to fall in September

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A mix of on-chain, fundamental, and technical indicators hint at a continuing Pepe price decline ahead. Pepecoin (PEPE) price has crashed nearly 85% from its record high of $0.00000448 in May 2023. What's more, its bearish momentum is likely to continue in September.  Back-to-back Pepecoin security breaches Pepecoin has suffered two concerning security breaches in the last two weeks. First, on Aug. 24, Pepecoin's rogue founding team members transferred $16 million worth of PEPE tokens to exchanges to potentially sell them. That created concerns across the community about a potential "rug pull scam," causing a 30% decline in the PEPE market. Then, on Sep. 9, Pepecoin's official X (aka Twitter) handle confirmed that an anonymous entity dubbed "lordkeklol" had hacked their accredited Telegram channel.  $PEPE Announcement The old telegram for $PEPE is hacked and no longer in our control. The “lordkeklol” account has been compromised. Whoever has gained a...

Top NFT floor prices plunge while sales slightly hike

The NFT sales have been constantly dropping since early 2022. The floor price s of some of the top NFT collections plunged further over the past week. According to data provided by CoinGecko, over the past week, the floor price s of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) declined by 21% and 27%, respectively. Per the price aggregator, the starting cost of a BAYC collectible sits at 24.5 Ethereum (ETH), worth around $41,060 at the time of writing. NFT Floor Price Δ % Over the Past Week • MAYC -27% • Azuki -25% • Moonbirds -25% • BAYC -21% • Cool Cats -20% • Doodles -19% • Azuki Elementals -19% • DeGods – 15% • Pudgy Penguins -12% • CryptoPunks -11% — CoinGecko (@coingecko) August 24, 2023 MAYC’s floor price is currently at 4.6 ETH, worth roughly $7,700 with a $150.15 million market capitalization. Moreover, Azuki and Moonbirds NFTs both recorded 25% drops over the past week. The floor prices of each collection currently stand at 3.9 ETH ($6,53...

Bitcoin price holds $26K as derivatives data hints at end of volatility spike

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BTC futures and options data show pro traders’ sentiment was not impacted despite last week's 11.4% correction. In the past few months, Bitcoin (BTC) traders had grown used to less volatility , but historically, it's not uncommon for the cryptocurrency to see price swings of 10% in just 2 or 3 days. The recent 11.4% correction from $29,340 to $25,980 between August 15 and August 18, took many by surprise and led to the largest liquidation since the FTX collapse in November 2022. But the question remains: was this correction significant in terms of the market structure? Certain experts point to reduced liquidity as the reason for the recent spikes in volatility , but is this truly the case? BTC surged 70%+ in 2023, yet the "Alameda gap" - liquidity dip post FTX and Alameda Research collapse - remains, supported by low volatility. Read full analysis here: https://t.co/kVslgLQtpL pic.twitter.com/g8Ac7udBl7 — Kaiko (@KaikoData) August 17, 2023 As indicated by the Kai...

Bitcoin traders torn between breakout and $28K dip as BTC price stalls

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BTC price action keeps everyone guessing, while Bitcoin casually marks a major achievement on monthly timeframes. Bitcoin (BTC) lingered below $31,000 at the July 3 Wall Street open with bulls still in need of a catalyst. BTC/USD 1-hour chart. Source: TradingView Bitcoin price: Sink or swim at $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a tight range following the weekly close. BTC price performance remained firmly sideways into the new week, punctuated only by modest attempts at attacking the $31,000 mark. More optimistic market participants hoped that nearby resistance levels — and not only for Bitcoin — would soon fall. “The more frequently a resistance line is tested, the weaker it becomes,” trading team Stockmoney Lizards argued. “The day will come when ALL $31k sell orders have been filled.” An accompanying chart uploaded to Twitter compared BTC price action this year with its pre-bull market behavior in 2016, in the run-up to previous ...

Bitcoin traders say BTC price will soon break beyond $31K yearly highs

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BTC price sideways trading is not dampening the optimism of Bitcoin traders prior to a giant options open interest expiry. Bitcoin (BTC) aborted a fresh attempt to reach $31,000 on June 29 while trader s waited for bulls to succeed. BTC/USD 1-hour chart. Source: TradingView BTC price "primed to launch" Data from Cointelegraph Markets Pro and TradingView showed BTC price action refusing to leave its short-timeframe trading range. Now caught between and $30,000 and $31,000, BTC/USD lacked impetus to continue the prior week’s uptrend or reverse downward. For market participants, however, there was increasingly reason to believe that flipping higher resistance levels to support would come next. It is very likely that #Bitcoin will reach the N28CT target of $34,500 in the next push higher My model has nailed every prediction since its creation -Bottom in Nov 2022 -Best cycle buying price s in green year Time to accumulate is coming to an end..https://t.co/Lg9LBcoDad pic.twitter....

Bitcoin eyes $28K push as traders demand CPI day BTC price volatility

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Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months. Bitcoin (BTC) tracked $27,500 on May 10 as markets geared up for what should be a positive United States inflation print. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView CPI set for months of decline Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered in a narrow trading range ahead of the April Consumer Price Index (CPI) release. A classic volatility catalyst for risk assets, CPI forms one of the key metrics which the Federal Reserve considers when changing interest rates. The next change is a full month away, but both government and private-sector metrics predict declining inflation to persist, and even accelerate, in the coming months. “A little bit of stagnation now, but into the coming two to three months, we’re likely to see a gradual decline, and actually a pretty steep decline, in inflation,” financ...

MicroStrategy Financial Health Research: Will it go bankrupt? When will it need to sell BTC? At what price will it restore breakeven?

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WuBlockchain author: Joey Wu WuBlockchain editor: Colin Wu 1. Bitcoin purchase history On December 9, 2020, MicroStrategy purchased 29,646 bitcoins for approximately 650 million US dollars, at an average price of around 21,925 US dollars. At this point, MicroStrategy held a total of 70,470 bitcoins, with a total cost of approximately 1.125 billion US dollars and an average purchase price of around 15,964 US dollars. On February 17, 2021, MicroStrategy purchased 19,452 bitcoins for approximately 1.026 billion US dollars, at an average price of around 52,765 US dollars. At this point, MicroStrategy held a total of 90,531 bitcoins, with a total cost of approximately 2.171 billion US dollars and an average purchase price of around 23,985 US dollars. On June 8, 2021, MicroStrategy purchased 13,005 bitcoins for approximately 489 million US dollars, at an average price of around 37,617 US dollars. At this point, MicroStrategy held a total of 105,085 bitcoins, with a total cost of approximatel...