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Search Results for: market

Analyst Who Predicted Shiba Inu Rally in 2021 Does Not Think SHIB Is the Best Bet for 2024 Gains, Recommends Solana-Based Rival With Under $100,000,000 Market Cap

Making the appropriate decisions in cryptocurrency investing may be likened to navigating a maze. As meme currencies like Shiba Inu (SHIB) continue to soar in value and draw interest from investors throughout the globe, investors must pay attention to the recommendations of experienced analysts to identify potentially profitable chances. This

May 13, 2024 4 mins read

Will Crypto Market Bears Continue to Dominate? Insights and Analysis

The cryptocurrency market has sustained a downward trajectory over the past week. The overall market has seen a decline of 3.6%, coupled with a significant 27% decrease in trading volume compared to the previous week. Despite this gloomy backdrop, hope flickers among traders, largely fueled by the resilience of select

May 13, 2024 2 mins read

Crypto Market Under Pressure, Investors Eyes Turn to April CPI Report

Inflation concerns persist as the U.S. Bureau of Labor Statistics gears up to unveil the April Consumer Price Index (CPI) data on May 15. The projections suggest that April’s CPI could range between 3.3% and 3.4%, the figures could amplify worries about inflation running higher than the Federal Reserve’s target

May 13, 2024 1 min read

Bitcoin On-Chain Activity Nears Record Lows Amid Market Uncertainty

Due to a precipitous drop in transaction volumes, Bitcoin’s on-chain activity has been approaching record lows throughout the last two months. This slump follows Bitcoin’s all-time high earlier this year and is more a result of market uncertainty and apprehension than a foreshadowing of future price declines. The on-chain transaction

May 12, 2024 1 min read

Investors Eye Upcoming U.S Economic Data Amid Crypto Market Volatility

Investors are waiting anxiously for important economic data to help them navigate the volatile cryptocurrency market. Important data, such as the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI), is set to be released soon and might affect market dynamics, especially given the current gloomy sentiment in the

May 12, 2024 2 mins read

Reality Behind BlockDAG’s Latest Promise Amid ETH Burn Decline And XRP Market Shifts

Ethereum’s recent burn rate drop marks a notable shift, signaling potential changes within its ecosystem. Meanwhile, XRP is navigating turbulence as its resistance levels challenge the resilience of its market value. Amid these shifts, BlockDAG stands out with an innovative roadmap update, unveiling a low-code/no-code platform that simplifies the creation

May 11, 2024 3 mins read

Toncoin (TON) Emerges as Top Performer Amid Crypto Market Volatility

Toncoin (TON) has emerged as a standout performer in the cryptocurrency market, defying bearish trends to surge by an impressive 198% since the start of the year, reaching new highs around $7.2.  Despite a bearish trend since April 11, TON’s price surged by 9.7% in the last 24 hours, rising

May 11, 2024 1 min read

What Is Happening? Giant Whale Abandons Dogecoin (DOGE) and Shiba Inu (SHIB) for Solana Meme Coin with a Market Cap Below $100,000,000

The volatility and unpredictability of cryptocurrency markets are frequently observed. Still, many investors are scratching their heads in astonishment at recent developments, especially in this cryptocurrency market. The enormous whale, which is well-known for its substantial holdings in well-known meme currencies like Dogecoin (DOGE) and Shiba Inu (SHIB), has taken

May 10, 2024 4 mins read