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Crypto whales buy Toncoin and new altcoin sensation for double-digit returns
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Shiba Inu aims for top 5 in crypto by 2029, with rising interest in Toncoin and Yeti Ouro signaling market shifts.
Shiba Inu (SHIB) has been trending in the crypto space following statements made by the anonymous lead developer Shytoshi Kusama about the future of the coin. Kusama confirmed that he wants to take SHIB from the 15th position among cryptocurrencies to the top 5 within the next five years.
Meanwhile, other crypto projects, including Toncoin (TON) and Yeti Ouro, are also seeing increasing interest from investors, suggesting a shifting dynamic in the meme coin and DeFi sectors.
Shiba Inu’s burning efforts and market impact
The SHIB token has been under increased token burning by the Shiba Inu community. This in turn has led to a decline in the supply of the token. In the last 24 hours alone, the number of SHIB tokens sent to burning has crossed 1.28 billion with a 2,055% rise in the burn rate.
The burning activity is in line with a 5% rise in the SHIB price showing that these efforts are bearing fruits in the market. Shiba Inu coin price currently stands at $0.00002626.
At the same time, the founder of SHIB, Shytoshi Kusama, has shared his plans to bring the cryptocurrency into the top 5 by market capitalization. As of today, SHIB is the 13th most popular cryptocurrency, with an overall market capitalization of $15.27 billion.
To realize such a goal, the token would have to rise in value by 517% in the market, maybe even overtaking BNB which is currently the fifth-largest coin with a market capitalization of $94.23 billion.
Toncoin’s bullish outlook as price targets $10
Similarly, the trading volume of Toncoin has also been rising in the market. At the time of writing, the Toncoin price is trading at $6.32 with 72% of TON holders realizing profit. The price action has been forming a bullish pattern, known as an ascending triangle, indicating that the coin could be heading higher.
If the price is to break the current resistance level it has at the moment, it could go up to $9.00 with other targets suggesting it could rise to $10.
The impressive performance of Toncoin is a cause of interest among investors who are on the lookout for new and potentially profitable opportunities in the altcoin market. Investors are looking for profit-making opportunities as the coin keeps on gaining steam owing to the fact that it is an integral part of the Ton blockchain network.
Yeti Ouro gains momentum with unique DeFi and gaming features
In the course of these developments, a newcomer in the crypto sector in the form of Yeti Ouro (YETIO) has emerged. Launched on the Ethereum network, Yeti Ouro is a blend of meme coin, DeFi, and gaming with the upcoming P2E game, Yeti Go. The game, expected to be released soon, will see the players earning YETIO tokens as they engage in competitive racing to overcome other players.
Yeti Ouro is still in its presale stage and has managed to collect over $730,000. To ensure the scarcity of its token and to provide long-term value for investors, Yeti Ouro has a total supply of 1 billion tokens.
This project has attracted the attention of large investors in the cryptocurrency market, and its Black Friday campaign, which includes a 20% discount on token purchases, is anticipated to increase its popularity further. Highlighting ongoing developments, the team has recently shared a behind-the-scenes video showing the efforts underway ahead of the launch of the ecosystem.
To learn more about Yeti Ouro community, visit the website, X, Telegram, and Discord.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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Analyst confident of a SHIB surge to $0.0002 as DTX is set to give the meme coin a run
Published
11 hours agoon
November 30, 2024By
adminDisclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
As Bitcoin slows, Shiba Inu eyes $0.0002, but experts predict DTX Exchange may surpass it with bigger gains.
When Bitcoin surges, meme coins spike. But with Bitcoin’s uptrend slowing down, Shiba Inu (SHIB) and other top crypto projects are now in the spotlights as experts debate what directions they might take.
One analyst is tipping SHIB to hit the $0.0002 mark. While that would be quite impressive, the DTX Exchange (DTX) project is contending with Shiba Inu, and experts predict bigger surges for the new project than the meme coin.
Here’s more on the two impressive crypto projects!
Bullish price predictions for SHIB fuel optimism
Since Bitcoin started its bullish run after the US elections, Shiba Inu’s SHIB has been on an impressive run. The top meme coin has gained 46% in the monthly timeframe. But now that the Bitcoin pump is losing steam, observers have become unsure what to expect from Shiba Inu.
One expert, Charting Guy, has made bold, bullish predictions for the SHIB token. His prediction supports a Shiba Inu rally. The SHIB price can jump to $0.0002 if Shiba Inu continues pumping.
The SHIB price is currently about $0.0000253 on CoinMarketCap, and with some other market experts sharing the same opinion about the meme coin, one can look forward to Shiba Inu making impressive movements on the price charts.
Shiba Inu vs. DTX Exchange: New DeFi project to overtake the top meme coin?
Shiba Inu is getting the bullish nod from most of its investors, and the next question is how long that streak will last. Sure enough, users seem to have been accumulating for the past few months, as the amount of SHIB in centralized exchanges is at an all-time low, but we all know how fast a meme coin can switch.
The new DTX Exchange platform, on the other hand, has a plan for longevity, as its hybrid features are clearly the pick of the market. DTX Exchange offers multiple trading markets at once, ensuring that users have enough investment opportunities to stay in profit almost every time.
Frankly, simply holding onto DTX tokens is enough to bring profits from the platform. It’s a horde of trading options on DTX Exchange, and a lowdown is waiting for users who are itching to know more about the project.
DTX Exchange: Profits on the way
It’s a crypto exchange, but that doesn’t mean DTX Exchange will only be favorable to the traders. While the platform sports a horde of features to upgrade DeFi trading generally, DTX investors could still get quite the returns on their investments.
First, there’s staking. That’s the staple on any PoS network launching these days, and on DTX Exchange, deposits are significant to the platform’s progress. Staked assets on DTX add to the liquidity on the exchange, ensuring that traders and their activities are well-regulated by the protocol.
Then, there’s DTX Exchange’s plan to reward every token holder. The reward comprises users getting a percentage of the daily trading revenue, which is essentially traders’ fees from the day. The community on DTX Exchange will have very little choice but to be active.
While the platform is still under development for launch, DTX Exchange has prepared the Phoenix Wallet for downloads and beta testing.
The wallet allows web3 enthusiasts to access various operations in the web3 space from their DTX Exchange accounts. Phoenix wallet still differs from the DTX Unified wallet, where DTX traders can monitor their portfolios at a glance.
DTX Exchange raises over $8 million in its presale
The Shiba Inu meme coin price might be rising, but DTX Exchange is stealing the spotlight quickly. The presale has gone on for only a few months, but everyone—traders and investors alike—is going bullish on the project, and it has now raised over $8 million.
The presale is in Stage 5 now, where each token is worth $0.10. There’s a 100% ROI expected from the presale when the token launches at $0.20, but that’s nothing compared with the anticipated 100x post-launch surge analysts are projecting for the DTX token.
For more information, visit the DTX Exchange presale website and join the online community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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BNB, XRP, and Lunex Network look set for major gains
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18 hours agoon
November 30, 2024By
adminDisclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Investors eye Lunex Network as a rising force, alongside BNB and XRP, for strong returns in the growing crypto market.
The crypto world is currently agitated as investors continue to hunt for the next big crypto investment opportunity. A new entrant, Lunex Network, is emerging as a strong force to be reckoned with and established giants like BNB and XRP continue to do well.
Investors are constantly seeking projects that offer unique benefits as the crypto world continues to grow. BNB, XRP, and Lunex Network are likely to deliver substantial returns to holders with their strong market performance and promising roadmaps.
Lunex Network: A powerful utility token poised for takeoff
Lunex Network is set to redefine DeFi. It presents a unique hybrid exchange that smoothly blends the advantages of CEXs and DEXs. The platform’s unmatched interoperability facilitates crypto swaps across 40+ blockchain networks and provides access to over 50000 trading pairs.
Lunex Network focuses on user security by giving traders total control over their assets. Its advanced liquidity, low fees, and intuitive interface attract high-volume traders looking for a seamless trading experience. This utility token presents a staking mechanism with an impressive 18% APY reward for its holders. A generous revenue-sharing model distributes a portion of the platform’s profits back to the community – a win-win situation for all investors.
The Lunex presale has also gained significant interest as almost two billion tokens have been sold and over $3.6 million raised in just weeks of launch. Experts anticipate a substantial price surge that could exceed 1,800% before the presale ends as it has already seen over 175% price surge and currently sells at $0.0033. This makes it clear that investing in Lunex Network equates to investing in a utility token that makes you a part of the future of DeFi.
BNB: A bullish beacon in the crypto market
The position of BNB as a top-tier cryptocurrency remains unshakable, and it currently ranks on the list of top 5 digital assets by market capitalization. BNB has grown impressively in the last 30 days and has surged nearly 5% from $592 to around $618
It’s currently trading above both its 20-day and 30-day EMAs. This suggests that the momentum and optimism among market analysts have increased massively. For instance, market expert Ali has shared a bold prediction for BNB that it could potentially reach $1630 if it manages to break above the $662 resistance level.
Is a bullish surge on the horizon for XRP price?
The XRP price has been on an impressive trajectory in recent weeks. In fact, XRP has surged by over 100% from its monthly low, and the momentum isn’t slowing down. Trump’s pro-crypto win, and the positive regulatory outlook that followed were important factors that bolstered positive sentiment.
Adding to this, former SEC Chairman Gary Gensler’s resignation has given XRP a breather from regulatory scrutiny. The RSI has crossed 80, signaling overbought conditions. The 10-day Volume-Weighted Moving Average and the 9-day Hull Moving Average are also trending upwards, indicating strong buying pressure that supports the bullish outlook for the XRP price.
Conclusion
All we need is a little patience and a lot of faith in these promising utility tokens. With their potential to revolutionize various industries and deliver substantial returns, BNB, XRP, and Lunex Network are well-positioned to dominate the crypto market in the near future and beyond.
For more information, visit the Lunex Network official website and join the online community for the latest updates.
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Rollblock’s breakout year could rival SHIB’s dominance by 2025
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21 hours agoon
November 30, 2024By
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Shiba Inu preps for a big 2025, but new GambleFi platform Rollblock may 100x this year, say experts.
Shiba Inu remains one of the most popular meme coins in the space and looks ready for another monumental year in 2025. Find out why the newly launching GambleFi platform Rollblock (RBLK) is set to repeat the Shiba Inu playbook this year, as experts make incredible 100x price predictions for this disruptive low cap all-star.
Shiba Inu burning its bullish way into the meme coin stratosphere
Shiba Inu remains the second largest meme coin by market cap after Dogecoin and currently sits at 13th place in the CoinMarketCap top 20 crypto index. Shiba Inu has been making incredibly bullish moves lately with a 35% monthly candle bringing its token price to $0.0000251 and launching its market cap above $14.8 billion.
During the 2021 bull market, Shiba Inu was one of the top performers, rising from complete obscurity to becoming one of the largest cap meme coins ever created. Shiba Inu did an easy 10x in just a few weeks as it pumped on its Binance exchange listing.
Shiba Inu‘s tokenomics are becoming more attractive to investors as 60 trillion share tokens were recently permanently removed from supply as part of the protocol’s regular burn mechanism. This will increase the scarcity of the token going forward and should drive the Shiba Inu price ever higher thanks to a vastly reduced selling pressure in the markets. This latest burn represents a staggering 5,154% increase in the burn rate, according to the blockchain tracker Shibburn.
Shiba Inu’s layer 2 scaling solution, the Shibarium, has recently seen record volume with more and more traders returning to the highly volatile meme space.
Rollblock ready to launch as web3 betting brings transparency at last
While Shiba Inu will no doubt make its holders very wealthy in the coming parabolic run, the best returns this cycle will likely go to newly launching coins, such as the hugely bullish Rollblock presale, which is set to repeat Shiba Inu’s 2021 breakout performance as it promises to shake up the enormous $450 billion online gambling industry.
Rollblock has over 7,000 games currently live and is generating massive revenue for the platform each day. All Rollblock bets are securely encrypted onto the Ethereum blockchain, giving gamers huge peace of mind that nothing will be manipulated behind the curtain.
Each week, the game-changing Rollblock revenue-sharing mechanism will take a portion of the platform’s profits and reinvest them in the community by buying up RBLK tokens on the open market. 60% of these tokens are immediately removed from the circulating supply, and the other 40% are given to stakers who can earn some of the highest APY in all of crypto.
This has led analysts to predict astonishing returns of up to 100x as Rollblock scales this year and hits mainstream adoption. Stage 8 tokens are available exclusively at the Rollblock presale for $0.037.
For more information, visit the Rollblock presale website and join the online community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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