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Showing posts from September, 2024

Shiba Inu (SHIB) Poised To Surge 1000%: Details

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Shiba Inu is dubbed one of the most iconic coins in the cryptocurrency domain. The token’s 2021 price has left quite an impression on people, leaving them in awe and appreciation for crypto in a holistic manner. As Bitcoin claims a new high, SHIB is also surging and pacing ahead, with analysts forecasting a 1000% surge for SHIB shortly. Also Read: Cardano (ADA) & Dogecoin (Doge) Weekend Price Analysis Santiment Shares New Data On Shiba Inu Image Source: Watcher Guru According to Santiment, Shiba Inu is forging new milestones ahead. The portal took to X to share new details about SHIB, adding how Shiba Inu has surged remarkably in the past 11 days. The token has marked a 43% peak in the past nine days, with on-chain activity spiking to an all-time high. Compared to other meme coins, SHIB’s price pace remains consistent and focuses on claiming a new price peak. Shiba Inu has surged +43% in the past 9 days with on-chain activity notably surging compared to altcoin alternatives and ot

U.S. SEC Settles With Solana-Based DEX Mango Markets for Nearly $700,000 Over Alleged Securities Violations

The U.S. Securities and Exchange Commission (SEC) has agreed to a settlement with the Solana (SOL)-based decentralized exchange (DEX) Mango Markets over alleged regulatory violations. The SEC alleges that the DEX’s decentralized autonomous organization (DAO) skirted registration provisions and deprived investors of critical protections. The regulator says Mango DAO raised more than $70 million from unregistered offers and sales of MNGO tokens, and it also alleges that the affiliated entities Blockworks Foundation and Mango Labs LLC engaged in unregistered broker activities. Mango DAO, Blockworks Foundation and Mango Labs agreed to pay a nearly $700,000 civil penalty but didn’t admit or deny the allegations. They also agreed to destroy their MNGO tokens and request the removal of MNGO tokens from trading platforms. Mango DAO voted to approve an SEC settlement proposal back in August. Earlier this week, the DAO also voted to propose a $500,000 settlement with the

Dogecoin Competitor That’s Skyrocketed Over 150,000% in Ten Months on Cusp of New Uptrend, According to Analyst

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A widely followed crypto analyst says that one dog-themed memecoin that has printed six-figure gains in just ten months is on the brink of another breakout. In a new strategy session, crypto trader Rekt Capital tells his 501,600 followers on the social media platform X Dogecoin (DOGE) rival dogwifhat (WIF) looks ready to skyrocket once again. “WIF – Dogwifhat has broken its macro downtrend. WIF is on the cusp of beginning a new macro uptrend.” Source: Rekt Capital/X WIF is trading for $2.35 at time of writing, a staggering 151,512% gain since its low of $0.00155 in December 2023 and a 5% gain during the last day. Moving on to fellow meme asset Pepe (PEPE), Rekt Capital says that it too is breaking out of months of stagnation. “PEPE also broke its multi-month downtrend.” Source: Rekt Capital/X PEPE is trading for $0.000011 at time of writing, an 18% gain during the last 24 hours. Concluding his Analysis with the top crypto asset by market cap, the trader sa

GraFun launches new meme coin launchpad on BNB chain with over 3.8 million pre-registrations

GraFun, a next-generation meme coin launchpad on BNB Chain, is launching officially after achieving a significant feat of amassing 3.8 million on-chain registrations, per the latest information shared with Finbold on September 27. GraFun has launched on BNBproject. @grafunmeme pic.twitter.com/0AIUpsCRHR — BNB Project (@BscProjectOrg) September 27, 2024 The pre-registration was made all the more successful by the fact that more than 300,000 users funded their wallets in anticipation of the launch. GraFun is built to address some of the long-standing issues plaguing meme coin launches: an unfair advantage for the earliest adopters and the accompanying prevalence of ‘pump-and-dump’ schemes. Picks for you Here’s why silver could reach $50, according to analyst 14 mins ago

Is Bitcoin protected by the First Amendment as Michael Saylor says?

Michael Saylor, swiping an idea from a paper written by NYDIG’s Ross Stevens, claimed recently that bitcoin is speech and therefore protected by the First Amendment of the US Constitution. The argument put forth by Stevens is a basic series of assumptions. First, he argues that Bitcoin “consists entirely of the creation and transmission of information, which is speech.” Second, that “bitcoin activity is at minimum protected expressive conduct.” Finally, according to Stevens, this allegedly protected free speech activity is a form of civil participation, which is “expressive association separately safeguarded by the First Amendment.” The paper concludes, “Bitcoin is free speech protected by the First Amendment and therefore regulating bitcoin has clear constitutional implications.” However, while the paper is supposedly an argument for constitutional protection, it isn’t filed in any court proceeding and won’t have any US judge issue a ruling on its merits . Indeed, no one is chal

Crypto Analyst Says Large-Cap Ethereum Rival at Risk of Massive Sell-Off – Here’s Why

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A popular crypto analyst thinks one large-cap Ethereum (ETH) rival could be at risk of a massive sell-off. Ali Martinez tells his 72,400 followers on the social media platform X that Toncoin (TON) could be in for rough weeks ahead following a new announcement that the messaging platform Telegram will provide user data to governments under certain circumstances. Telegram initially developed Toncoin in 2018, but it parted ways with the project in 2020 following a legal battle with the U.S. Securities and Exchange Commission (SEC). The Open Network, an open-source community of developers, took over management of the technology that year. TON, however, can still be sent by Telegram’s 900 million users within the platform without entering long wallet addresses. Pavel Durov, Telegram’s founder and chief executive, was arrested by French authorities last month on a warrant related to his platform’s alleged failure to moderate content linked to drugs, fraud and other cr

Yuan Is Rising On A Global Radar: Is US Dollar Losing Its Charm?

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The Chinese yuan is the rising star of the world financial market, emerging as a competent contender to the US dollar. The inflating US debt metrics and its constant weaponization have paved the way for the regional currencies to surge high on the radar, with the Chinese Yuan taking the front lead. But will it ever be able to derail the US dollar in the long haul? Let’s explore the possibilities. Also Read: Bitcoin Surges Past $64K: Is $90K the Next Target? Chinese Yuan vs US Dollar: What Makes Yuan More Alluring And Tempting Source: Finbold The Chinese Yuan is rising rapidly on the global radar. The recent petrodollar collapse has also given birth to a new phenomenon: the Petroyuan. Saudi Arabia is open to dialogue to explore the development above. At the same time, the Saudi administration’s official statements also revealed their keenness to buy petrol in other currencies, notably Yuan, promoting the Chinese currency to change the world’s financial dynamics. “The petroyuan is not s

Cardano founder slams Ethereum as a ‘dictatorship’

Charles Hoskinson, the founder of Cardano (ADA), is never one to shy away from stirring the pot.  In a recent interview, Hoskinson didn’t hold back as he took aim at Ethereum (ETH), comparing its governance structure to—a “dictatorship.”  In his view, Vitalik Buterin, Ethereum’s famed co-founder, holds a little too much sway over the direction of what is, ironically, supposed to be a decentralized network. Picks for you Pro crypto trader announces ‘epic pump season,’ here’s when 2 hours ago Coinbase's Ethereum network Base silently suffers an outage 17 hours ago Cardano ‘flashing the strongest buy signal’ in a month, targets $5

Early SHIB Whale Investor Does it Again, Netting $1 Million From 2,879% Neiro Surge

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A crypto whale investor known for making a killing on the meme coin titan Shiba Inu has done it again, making an unrealized profit of 46% worth over $1 million in just 5 days trading Neiro . The whale, who earlier  made $145 million by investing in Shiba Inu (SHIB), swapped 1,003 Ethereum, worth around $2.31 million, for 2.856 billion NEIRO tokens on Sept. 18, according to on-chain analytics platform SpotOnChain.  Whale Sitting On $12 Million In Losses From Other Bets  But the whale hasn’t done so well in other recent investments. The investor’s latest bets were in Artificial Superintelligence Alliance (FET), Neiro, Neiro On Ethereum (NEIROETH) and SHIB. Half of these investments are in the green, according to SpotOnChain .  The whale is currently in the green by more than 49% with its FET investment, making its position in the AI crypto the best performer of the four investments so far. When it comes to the NEIROETH and SHIB trades, the large holder is sitting on an unrealize

What a 1,000% Surge in Shiba Inu Could Mean for a $1,000

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Shiba Inu (SHIB) has been moving sideways for a while now. But the previous week was highly bullish for the meme coin. Over the past seven days, SHIB surged by nearly 9%. The asset went from trading at a low of $0.00001301 to a high of almost $0.0000150. While this is a reasonably low rise considering SHIB’s previous ascent, the community hopes for much more. Also Read: Can Binance Coin (BNB) Reclaim $700 by the End of September? Recent Performance of Shiba Inu In January 2021, Shiba Inu’s value increased by a notable 45,131%. This rally’s relevant background was highlighted in a CoinGecko report from last May. The report revealed that a $12 investment in SHIB yielded $1 million in 2021, which is an 8,333,233% spike. Source At press time, SHIB was trading at $0.00001441, following a 2.31% dip over the past 24 hours. The meme coin’s daily volume also plummeted by 15% to $161,932,281. Also Read: Does MetaMask Support Solana? Shiba Inu’s 1000% Rally Potential Returns For SHIB Investors W

Cryptocurrency trader turns $800 into $1.3 million in two weeks

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A major feature of the current cryptocurrency market cycle has been the repeated success of investors seeking to take advantage of temporarily viral memes to turn hundreds of dollars into thousands if not millions. The latest such success was achieved by a trader who purchased the new Moo Deng (MOODENG) meme coin on September 10 for 6 Solana (SOL) – worth approximately $800 at the time – per data gathered by Finbold from blockchain intelligence platform Arkham on September 23 . The trade quickly exploded in value, as did the virality of the meme on which it was based. By September 18, the trade rocketed to $400,000 in value, and by press time on September 23, it surged up to $1.3 million – meaning the original investment was multiplied more than 1,600 times in value. Picks for you Kamala Harris finally reveals her crypto plans

Shiba Inu: Projected Timeline For SHIB To Reach $0.002

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Shiba Inu is trading at the $0.000014 level on Monday and is mostly moving sideways in the charts. The token has seen little to no price spurts in the last six months and is testing the patience of investors. The majority of traders entered SHIB hoping to ride the volatility, as it deleted six zeroes in three years. Also Read: 2 Reasons Why Investors Should Stock Shiba Inu (SHIB) & Ripple (XRP) Source: Coingecko Only the ones who took an entry position during its inception made millions while the latecomers are now holding on to their bags. The only thing that’s keeping Shiba Inu investors going is the hope that someday it could replicate its previous performance. Meme currencies are known for dramatic price fluctuations and investors are hopeful of SHIB rising again. However, a leading price prediction firm has forecasted that Shiba Inu could delete two zeroes and reach $0.002. The forecast is for the long term and only those with diamond hands could make the most out of it. In th

3 cryptocurrencies to turn $100 into $5,000: ‘Sell your watch’

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A cryptocurrency influencer, venture capitalist, and angel investor recommended his followers to “sell your watch” and put in one of three altcoins for a “50x” return. If the market goes as expected, this move could result in a $5,000 holding, considering an average $100 watch. Finbold reported earlier this weekend that analysts are getting increasingly bullish on altcoins, with an altseason “just around the corner.”  In this context, the influencer who goes by That Martini Guy named three cryptocurrencies he believes offer great potential. As posted on September 21, one of these altcoins will be able to turn $100 into $5,000. Picks for you Bitcoin price levels to watch as 'bullish fervor' set to 'cool down very quickly' 2 hours ago

Best Crypto to Buy Now September 20 – VeChain, Altlayer, Quant

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A growing number of digital assets are gaining attention as promising investment opportunities, with several altcoins showing significant upward movement today. These cryptocurrencies have seen notable gains due to recent technological advancements, strategic alliances, and evolving market conditions, drawing the interest of market participants looking to capitalize on potential growth. This Analysis highlights some of the best crypto to buy now that are currently making an impact. It focuses on their distinctive Features , prevailing market trends, and possible influence on the market. Best Crypto to Buy Now Wormhole has launched its Era3 upgrade, introducing a range of enhancements. Meanwhile, the recent rise in QNT’s price is linked to increased interest from large investors who have purchased the token during market downturns. Furthermore, the Memebet presale has gained traction, raising over $253,000. 1. VeChain (VET) VeChain is an enterprise-level blockchain platform that