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What is the currency that attracts the attention of whales for $ 2 billion?

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The second largest company in the world memecoin After, after DogeShiba Inu is in the news again, but this time for all the right reasons its investors might love it. According to a recent tweet by Twitter user WhaleStats, which monitors all movements of whales in the cryptocurrency markets, shows that the 500 largest whales in the world Ethereum The blockchain currently holds a Shiba Inu meme worth $73 million. The number was constantly rising.

In the past 24 hours, the average balance of Shiba Inu whales has increased by about 1.43 percent. This was followed by a surge in Shiba Inu transaction volume, reaching 26 million SHIB on Friday, December 9th.

Shiba Inu chain analysis

As far as parsing on a string shiba inu Go, there was a sharp drop in exchange flow Cryptocurrency. The exchange flow initially rose to around 223 billion on December 8th, but then fell to 25.16 billion.

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It is expected that the reason for this decline is that SHIB investors must have bounced back from dumping the token. This resulted in slightly less selling pressure. On the other hand, the exchange flow decreased to 17.74 billion. This decline means that the buying pressure was not exceptional.

Shiba Inu price predictions

At the time of writing, the price of SHIB is $0.00000927 according to CoinMarketCap. Should the cryptocurrency winter of 2022 end by the beginning of 2023, the Shiba Inu price can be expected to get off to a great start. According to Shiba Inu cryptocurrency technical analysis, the SHIB price cap could be somewhere around $0.00002271. Moreover, the minimum for 2023 could be around $0.00001959, with At an average price of $0.00002014.

Crypto project investors can research it

While the Shiba Inu price forecast suggests that investors might be able to squeeze some profits out of the crypto project in the coming days, there are a lot of crypto projects coming up that could help investors generate some profits in the short term.

Dash 2 Trade (D2T)

Dash 2 Trading It is the new entrant in the crypto market that promises to provide its users with enterprise-grade crypto analytics features. It is a global platform for technical analysis and social cryptocurrency.

Dash bought 2 Trade

The technical tools available to users at Dash 2 Trade are top notch and help them make an informed decision regarding their crypto investment decisions. Some of the best features on the Dash 2 Trade platform include a trading signals A tool that provides market buy/sell opportunities, social sentiment and on-chain analysis, strategy builder and backtester, pre-sale alert system, downloads and more.

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All of this is backed by Dash 2 Trade’s native token, the D2T token, which is a file ERC-20 A token on the Ethereum network.

Impact Project (IMPT)

IMPT

The Impact Project is another project on the list that will be on the list soon. It is another cryptocurrency project that focuses on providing utility first. It aims to provide a more robust and transparent solution to the existing carbon credit industry.

The Impact Project has already partnered with some of the major retailers around the world, in fact about 10,000 of them. This adds to the overall credibility and wide network in which you will be working. Moreover, it enables individuals and organizations to buy, sell and withdraw their carbon credits quite easily.

At the heart of Project Impact is IMPT The token is an ERC-20 token and has multiple use cases, including making payments on the IMPT platform, unlocking advanced features within the platform, discounts on platform fees, and participating in DAO verdict.

Calvaria (RIA)

Buy calvaria

Calvaria: Duels of Eternity is an interesting card game with elements that can get cryptocurrency investors and gamers alike excited about the game. It aims to increase participation in the crypto space by using gambling to earn it.

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The game allows players to participate in battles and compete in tournaments using cards that represent different characters, and each one of them has its own unique abilities. The Calvaria The ecosystem is special in many ways, primarily because it offers investors the chance to truly own in-game resources.

The project is currently in operation and in pre-sale stage.

conclusion

The Shiba Inu has been somewhat of an anomaly when it comes to which cryptocurrencies investors can invest their money in. From reaching an all-time high, the second largest meme currency, with a market cap of nearly $5 billion, has endured its fair share of impact due to FTX breakdown. However, it has maintained that it remains relevant due to its popularity and a series of updates to improve its infrastructure.

The team behind Shiba Inu is also working on a Metaverse project. The upcoming SHIB Metaverse is being created in the Unreal 5.1 Engine, news of which has been accepted quite positively by the crypto community. It is not yet clear, however, whether investors will be able to make some unreal profits from Shiba Inu, and the waiting time they will need. There are many projects that are still in the pre-sale stage, as mentioned above, which can be very profitable for long-term investors.

While it is always advisable, for investors to do their due diligence before investing their money in any crypto project, these aforementioned projects have focused solely on amazing user experience and striving for serviceThe first approach. Projects like Dash 2 Trade, for example, can be a game-changer once approved by cryptocurrency investors and can help them find the right projects they want to invest in.

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Dash 2 Tadawul – High Potential Pre-Selling

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BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

Dash 2 Trading


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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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