Shiba Inu Burn Rate Rockets 157,726% Amid Growing Price Selloff

Key Notes Shibburn shows that the SHIB burn rate increased by 157,726%. This led to the burning of 2,481,036 SHIB in 24 hours, and now the total supply of the memecoin is 589,247,732,073,096 tokens. Shiba Inu price has increased to $0.00001238, following a 1.5% increase over the last 24 hours. Canine-themed memecoin Shiba Inu has seen its burn rate spike by 157,726%, leading to the incineration of 2,481,036 SHIB in 24 hours. In light of this increase, the price of the crypto asset has recorded a mild rally. This is…

Analyst Says XRP Price Is Yet To Hit Its First Bearish Target, It’s Much Lower

XRP has been facing a stretch of weakness in recent days, struggling to hold above the $3.00 mark and instead pushing downwards below it. Price action on the 4-hour chart shows the token moving within a downward structure, and it broke below $2.9 in the past 24 hours. It is within this context that crypto analyst DustyBC Crypto shared a bearish outlook, pointing out that XRP has not yet reached its first downside target and warning that more decline could still unfold before it enters any new uptrend. Related Reading…

Analyst Says Bitcoin Price Is Heading To $256K โ€” Hereโ€™s When

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. โ€œLookingโ€…

Bitcoin price eyes $100k crash as Convano adopts Metaplanet-style buying strategy

Bitcoin continued its downward trend after a major options expiry on Friday. It also plunged as Convano, a sleepy Japanese company, announced a BTC buying strategy. Summary Bitcoin price could crash to $100,000 as the recent momentum wanes. Convano, a Japanese company, aims to buy coins worth $3 billion. Bitcoin strategy companies have lost momentum this year. Convano to accumulate $3 billion worth of Bitcoin The Bitcoin (BTC) price, at last check on Saturday, is down more than 5.4% over the previous seven days, and down 13% from its all-time…

Pump.fun Spends $62M on Buybacks to Stabilize PUMP Price

Pump.fun has spent more than $62.6 million repurchasing its native token, PUMP, according to data from Dune Analytics. The buybacks have soaked up over 16.5 billion tokens at an average cost of $0.003785, as the platform looks to stabilize price action and reduce sell pressure. The buyback strategy uses platform-generated revenue, primarily fees collected from users launching memecoins, to execute daily token repurchases. Daily buybacks have consistently ranged between $1.3 million and $2.3 million over the past week, Dune Analytics data shows. Since launch, Pump.fun has generated over $775 million…

Analyst Forecasts Bitcoin Price Will Break This Support Level, Can $100,000 Hold?

The Bitcoin price is once again under heavy pressure in the market. An analyst has warned that the coin shows strong bearish signs after being rejected at a resistance level. The price has now fallen to a critical support area, where buyers are trying to hold the line. According to the analyst, if the level fails, the price could drop even lower, raising doubts about whether the key levels will remain safe. Analyst Says Bitcoin Price Turned Bearish After $121,000 Rejection The analyst explained that the bearish trend began when…

Bitcoin price loses key multiyear support trendline: A classic BTC fakeout?

BTC could drop to $80,000 by 2025’s end if support breaks decisively, but analysts say that wouldnโ€™t necessarily mark the start of a bear market. Key takeaways: Bitcoin is dropping below a critical multiyear trendline support, sparking bear market fears. One analyst sees the breakdown as a fakeout, however, suggesting that dips below $100,000 will serve as a buying opportunity. Read more Original

Tom Lee Explains How 1 Ethereum Could Hit OVER $15k PER COIN in 2025

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Ethereum (and crypto) is about to EXPLODE!!! ๐ŸŸก $30k USDT + $100 Bonus & VIP 2 instantly – sign up on WEEX: ๐ŸŸฃ Get $8k in bonus for trading on Bitunix with our link – No KYC: ๐Ÿ”ด $30k USDT bonus with Phemex with our link: ๐Ÿ”ต $30k bonuses with our link – Buy & Trade Crypto on Bybit: ๐ŸŸข $8,000 sign up bonus on Bitget Exchange with our link: Become a channel member & get access to perks: Join us at…

Bitcoinโ€™s Short-Term Fate Hinges On $112,000 Realized Price Level

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…