Is it smart to buy Dogecoin right now? - cyptoranking.com

2024-04-30

Popular crypto exchanges(2023 Update) 2024-04-30
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The BTC Paired Chart “Over the past few months, we’ve seen a few of these sharp spikes up. Usually they are followed by a correction, sometimes sharp and sometimes gradual, but almost always reverting to where the market was before the upward move,” Acheson said. Is it smart to buy Dogecoin right now?Additionally, lawmakers in several jurisdictions, including the U.S. and Hong Kong, are working on regulations to guide the industry. Market observers believe these regulatory efforts will suppress the stablecoin market and have played a substantial role in this downward trend. Source: TradingViewThe price of Shiba Inu (SHIB) has inched upwards by 0.5% in the past 24 hours, reaching $0.00000692 as the wider cryptocurrency market dips very slightly across the same period.SHIB is now down by 5% in a week and by 6% in the last 30 days, with the meme token also having lost 14.5% of its value since the beginning of the year, in contrast to many other major coins (e.g. BTC, ETH, XRP, SOL).However, October has historically been a very good month for SHIB, with the coin's surge of 822% in October 2021 showing just what it can potentially do towards the end of each calendar year.So if SHIB comes anywhere near replicating its performance from two years ago, it could end up entering November at a much higher level than it currently has now.Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge?SHIB's indicators continue to suggest that the meme token remains very oversold, and that it has been since the middle of August.In particular, the chart below shows that SHIB's relative strength index (purple) has languished below 50 for nearly two months, with this indicator actually being below 40 for much of this time.Source: TradingViewSuch low levels signal heavy selling pressure, yet they also signal the possibility of a recovery rally, which becomes likelier with every passing week that SHIB's RSI struggles to clear 50 or 40.Likewise, the altcoin's 30-day moving average (yellow) has remained below its 200-day average (blue) since May, providing another very big sign that SHIB really should rebound soon.However, it's possible that the token hasn't quite bottomed out yet, seeing as how its support level (green) has been declining for more than a few weeks now.This decline indicates that few buyers are interested enough in SHIB to buy it when it falls to new lows, although SHIB supporters could argue that this is as much a sign of bearish market-wide sentiment as it may be of a lack of confidence in SHIB.Still, it's worrying that SHIB hasn't done much since August, yet again this potentially sets the stage for big gains in October.As noted above, October has been one of SHIB's best months, with even October 2022 seeing the coin rise by 10% in only 31 days.Of course, past performance is no guarantee of future performance, while it also needs to be remembered that SHIB's gains in October 2021 came when it was still a pretty low-cap coin, with much more growth potential than it has now.As such, SHIB supporters should perhaps not expect an 822% gain this time around, even if the token is due a rebound.New Alts With Strong FundamentalsWhile SHIB does look like it's due to rebound soon enough, it's not the only altcoin in the market with good potential right now, with several new presale coins also looking highly promising.Perhaps the most promising of all is Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that launched its presale at the end of September and has already raised close to $900,000.Such a figure indicates that investors like what they see as far Bitcoin Minetrix's design and roadmap is concerned, with the platform offering users the ability to earn mined Bitcoin by staking the BTCMTX token.Specifically, Bitcoin Minetrix converts staked BTCMTX into tokenized mining credits, which can then be used to purchase hashpower on the Bitcoin blockchain.This enables users to indirectly mine BTC, with those who stake enough BTCMTX in line to receive freshly minted Bitcoin.Sweetening the deal further is the fact that holders can also earn new BTCMTX by staking the token, making it doubly profitable.It will have a total supply of 4 billion, with 1.4 billion being made available as part of the presale.Buyers can join this sale by going to the official Bitcoin Minetrix website, where BTCMTX currently costs $0.011.Each stage of the sale will increase this price a little further, with BTCMTX ending at $0.01190 by the tenth and final stage.And once this stage has closed, the token will list on exchanges, where it could make a big profit for early investors.Visit Bitcoin Minetrix NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Terra Luna Classic Price Prediction as LUNC Approaches Lowest Level in 2 Months – Will LUNC Keep Falling?

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In a separate draft proposal reviewed by Blockworks, Stride Labs co-founder, Aidan Salzmann, suggested that the Cosmos Hub will provision the ATOM for the conversion and ensure that all STRD is converted to ATOM. Bitcoin price peak predictions and subsequent halving / Source: X Best Crypto Exchanges of 2023|Begin Your Crypto PortfolioFitness App Sweat Economy to Decide Fate of 2.5 Billion Abandoned Tokens “Games where money dictates outcome always scare me with crypto,” he says, “because crypto will take advantage of that. Just inherently, I think it does.”'Pirate Nation' Studio Raises $33 Million to Build Fully On-Chain Games

Protos estimates that Alameda received $36.7 billion of all the USDT Tether issued at between 2014 and 2021. Grogan’s later estimates include balances in public wallet addresses, addresses in court filings, and information from the FTX bankruptcy estate. Since then, Bitstamp has been rolling out several XRP-focused products to serve its users. One of these products, as reported earlier, is the 2% APY on XRP lending, launched in August. Over time, the exchange has increased the XRP lending yield to 30 days to serve its customers better.Bitcoin Exchange Binance Announced That It Listed This Altcoin! The Best Cheap Crypto to Buy Right Now to make 10X in ...The DUCKIES token is part of an exciting future in the world of GameFi. By providing a fun and engaging platform, the game offers a unique blend of entertainment, education, and investment, attracting gamers, crypto enthusiasts, and investors. Moreover, blockchain technology ensures transparency and fairness in the game’s ecosystem. Just like Foundry USA, AntPool demands proper identification (KYC) of all Bitcoin miners plugging their machines in this mining cooperative. In this context, more registered mining companies could now choose to migrate their hashpower to BitMain’s pool, looking for a higher chance of block discovery.Cloud Mining: What You Need to Know

The Korea Times also reported that about 280,000 citizens fell victim to the sudden drop in UST and LUNA. Meanwhile, multiple sources have reported that people ended their lives after losing thousands to millions in LUNA investments. There was also this enraged investor who trespassed on Do Kwon’s home in Seoul after losing $2.3 million amid the crash. Frax Share (FXS) Commodity Futures Contract: Definition, Example, and TradingKearney would not confirm how many crypto firms are part of the AWS ISV Accelerate Program, but told Decrypt’s GG that in order to qualify, companies must be a part of AWS’s Partner Network as well as meet other unspecified requirements. 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.$500M FTX exploit is swapping millions in ETH for BTC. Why?

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