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Account Number: 0715582819 Account Name: PRINCE CHUKWUNAE GREGORY Account Type: PREMIER SAVINGS Bank: Access Bank Nigeria

Account Number: 0715582819 Account Name: PRINCE CHUKWUNAE GREGORY Account Type: PREMIER SAVINGS Bank: Access Bank Nigeria

TL;DR According to Ali Martinez, SHIB could find support at as low as $0.0000094. However, a breakout above $0.00001461 could trigger bullish momentum and a 230% price rally. SHIB’s Freefall Could Stop Here The meme coin sector has suffered painful losses following the overall crypto market crash in the past few days. The second-largest asset of that type – Shiba Inu (SHIB) – was among the worst affected, with its price plummeting by 16% weekly and 10% daily. SHIB Price, Source: CoinGecko Its market capitalization plunged below $7.7 billion, meaning the asset is now out of crypto’s top 20 club. As expected, the downtrend has negatively affected SHIB’s investors. According to IntoTheBlock’s data, the share of people sitting at paper losses has surged past 60%. One person touching upon SHIB’s recent performance was Ali Martinez. The analyst assumed that the price of the meme coin could decline to $0.000012 or $0.0000094 before finding support. The second level represents a 30% decline from the current rate. Another industry participant who chipped in on the matter was the X user Rose Premium Signals. They envisioned a bullish momentum if SHIB breaks above $0.00001461. The analyst predicted that reclaiming the target could lead to a price rally to as high as $0.00004401 (a 230% increase from the ongoing valuation). More Pain Ahead? Two important factors signal that SHIB bears might continue to prevail in the short term. The first is the reduced Shibarium activity. At the beginning of the month, Shiba Inu’s layer-2 scaling solution processed multi-million transactions on a daily scale, but in the past few weeks, this figure has shrunk substantially. This suggests decreased interest in the network’s applications, such as decentralized finance (DeFi), NFT projects, or gaming platforms. For its part, this could lower demand for SHIB tokens and reduce the buying pressure. The next factor is Shiba Inu’s burning mechanism. The burn rate has dropped by 16% in the last 24 hours, resulting in around 25 million tokens sent to a null address. The program’s ultimate goal is to reduce the tremendous circulating supply of SHIB, possibly making the asset more valuable via scarcity. However, stalled progress could hinder that mission. The post Shiba Inu (SHIB) Might Plunge by Another 30% Before Finding Support (Analyst) appeared first on CryptoPotato.

As the crypto market heats up, XRP and Litecoin stand as frontrunners in innovation—fast, affordable, and built for mass adoption. Meanwhile, Peanut the Squirrel proves that even outside the blockchain, speed and agility are game-changers Current price: $2.15 Market cap:$125B XRP (XRP) functions as an efficient blockchain system which executes transactions within 3 to 5 seconds and costs only $0.0002. The system operates with 1,500 transactions per second and maintains zero carbon emissions during operations. XRP achieves speed and low fees while bringing its users a decentralized exchange and integrated tokenization tools to unlock asset movement and develop new payment systems. The open-source and permissionless framework of this platform drives global adoption toward decentralized finance because of its decentralized nature. Current price: $91.45 Market cap:$6.88B Litecoin (LTC) was introduced to complement Bitcoin with faster and more efficient processing capability. However, Litecoin is designed to be the Bitcoin clone with improvements in that it has the same type of framework as Bitcoin, but it has a shorter time for block generation and minimum transaction fee. Its ideal blockchain is also designed for microtransactions and retail payments and is suitable for daily transactions. Besides, Litecoin has remained one of the best cryptocurrencies for a long time, which explains it’s steady price and high usage. Current price: $0.063196 Market cap:$130.88K Peanut the Squirrel stands out in the park with his golden fur and unmatched agility. His daring jumps and quick movements make him a spectacle, often outpacing birds and raccoons. Besides his acrobatic feats, Peanut is a dedicated treasure hunter, collecting lost items such as keys, bottle caps, and snacks. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

The bitcoin market has just experienced a brutal correction. In just 48 hours, a wave of massive capitulation has resulted in over $2.16 billion in realized losses by investors. Behind this drop lies a familiar pattern for analysts: weak hands, often the most recent entrants, have liquidated their positions at a loss. Far from being trivial, this wave of hasty sales raises questions about the reliability of the market and the psychology of investors when faced with sudden corrections. The on-chain analysis from Glassnode is unequivocal: the recent bitcoin correction , which saw its price drop by nearly 12 % in a week, has particularly impacted new entrants to the market. These investors, often the most recent and vulnerable, have absorbed the bulk of the realized losses. According to Glassnode data , the distribution of losses is enlightening: of the $2.16 billion evaporated, $927 million relates to investors who bought bitcoin less than a week before the drop. They thus represent 42% of the total recorded losses. These hasty sales can be explained by a lack of resilience to volatility, with the more novice investors succumbing to panic at the first market tremor. While the correction mainly hit recent buyers, long-term investors have hardly budged. The majority of dormant BTC, owned by historical players, have not been put back into circulation, confirming an intact confidence in the fundamental value of bitcoin despite the drop. The impact of this capitulation does not stop at the recorded losses. These episodes of massive sales tend to redistribute BTC from weak hands to more seasoned investors, which can paradoxically strengthen the market structure in the medium term. Institutional investors and “whales,” accustomed to this type of fluctuations, may have seized this opportunity to accumulate positions at a lower cost. Bitcoin remains an asset subject to cycles of high volatility . This purge could thus pave the way for stabilization, or even a bullish recovery, if current support levels hold. In a market driven by emotions, the ability of investors to manage panic remains more than ever the key factor in their success.