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Shiba Inu’s (SHIB) burn rate has captured investor attention amid broader market turbulence. On February 27, over 30 million SHIB tokens were burned, triggering a 1306% surge in the burn rate. This aggressive reduction in circulating supply has fueled bullish sentiment, with analysts predicting a potential 450% price pump for the popular meme coin. Shiba…
Sui (SUI) token has witnessed a remarkable surge in trading activity, reaching an impressive $350 billion in total swap volume at press time. This milestone represents a 12.98% increase in trading volume over the past 30 days. Meanwhile, SUI’s price has climbed by 7.72% in the last 24 hours, trading at $3.05. With increasing market…
Ripple’s XRP has taken a downturn, slipping 4% in early U.S. trading hours, signaling a cooling risk appetite among investors. Despite this setback, market analysts remain divided on its future trajectory. While some foresee a potential recovery, renowned analyst CasiTrades has sparked speculation by hinting at a possible drop to $1.7. XRP Price Faces Selling…
Ethereum [ETH] has faced intense selling pressure as whales offloaded over 440,000 ETH in the past week, causing significant market shifts. Notably, a single wallet sold 8,074 ETH at an average price of $2,431, while another transferred 10,000 ETH worth $23.44 million to Binance within two days. Whales are panic-selling $ETH! 0xc725…839d sold 8,074 $ETH($19.63M)…
Amid a broader crypto market downturn, Litecoin (LTC) has surged by 7% today, reaching $130 and signaling a potential breakout ahead. This bullish move is accompanied by a remarkable 60% jump in daily trading volumes, surpassing $2.06 billion. Investors remain optimistic, driven by growing speculation surrounding the potential approval of a spot Litecoin ETF. Litecoin’s…
Cardano (ADA) has been facing significant price pressure, dropping 20% over the past week. However, despite the downtrend, large investors—commonly known as whales—have been accumulating ADA at an accelerated pace. This behavior suggests confidence in a potential recovery as broader market cues shift. Cardano Whales Fuel Market Optimism Recent data reveals that whale addresses holding…
Over the past three days, the cryptocurrency market has faced a steep decline, but Dogecoin (DOGE) has demonstrated resilience, holding strong at the critical $0.20 psychological support level. This stability, despite the broader market turmoil, hints at a potential recovery for the leading meme coin. Meme Coins Show Signs of Recovery Over the last 24…
Solana (SOL) just made a major stride toward broader financial adoption as two Solana futures ETFs were listed on the Depository Trust and Clearing Corporation (DTCC). This move is seen as a crucial milestone that could pave the way for a potential spot Solana ETF in the near future. Why DTCC Listing Matters The DTCC…
The price of Pi Network’s native token, PI, has skyrocketed by 54.4% in the past 24 hours, reaching a new all-time high (ATH) of $3. This surge has fueled speculation that PI could soon hit $4. However, technical indicators suggest that a market correction may be on the horizon. PI’s Explosive Growth and Market Trends…
Bitcoin’s sharp price decline has triggered widespread panic in the crypto market, leading to nearly $1.59 billion in liquidations over the past 24 hours. Around 390,000 traders have suffered losses, with long positions accounting for a staggering 90% of the wipeout. One of the biggest liquidations occurred on HTX (formerly Huobi), where a single trader…