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Imagine one day you wake up and Shiba Inu’s price reaches $0.50. A month later it touches the $1 milestone making its current investors turn multi-billionaires. Resignations will be sent out and investors will be on the lookout to buy Lamborghini’s and mansions with a pool. The best life one can imagine, right? Well, sorry to burst your bubble but the above scenario might not turn true. The dynamics for Shiba Inu to reach $0.50 or $1 don’t play out financially as the numbers don’t catch up. Even if there’s any slim chance for that to happen, we will explain in this article what must happen for SHIB to reach $0.50 or $1. Also Read: Shiba Inu: How Many ‘Zeroes’ SHIB Deleted From July 2022 to 2023? Shiba Inu: What Must Happen For SHIB To Reach $0.50 or $1? Source: Instagram / Nickelpack / Kenta Hayashi Shiba Inu reaching $0.50 or $1 is by far the wildest financial fantasy one can ever dream of. While the 1-cent dream sounds more realistic,...

Shiba Inu has changed the fortunes of many early investors by making them millionaires. A particular investor bought SHIB worth $200 in January 2021, when the asset was trading with nine ‘zeroes.’ Within a month, his $200 investment inflated to $10,000 after the asset knocked out two ‘zeroes’ consecutively. In a video shared on YouTube, the investor pointed out how his “half-serious” prediction actually became a reality, “almost as if fate loves irony.” However, SHIB did not just stop there. It continued rallying. In fact, when SHIB attained its ATH, the price had risen 200,000 times. Also Read: When Will Shiba Inu Reach 1 Cent? Shiba Inu Investor Says He’s Not a ‘Victim’ The investor, often referred by his channel name ‘Zero Waiting,’ revealed that the most common question that people ask him was whether he sold his holdings for a profit or not. Revealing his course of action, he said, “Of course, I did. I mad...

It is a preconceived notion that the West plays the most critical role in determining the directional bias of the price of crypto assets. However, when it comes to Dogecoin , that narrative has been changing of late. As depicted in the chart below, the East’s transaction share has overshadowed the West’s share a handful of times in the past fortnight. In fact, on one particular day, the East/West ratio stood at 67/33. Source: IntoTheBlock Also Read: When Will Shiba Inu Reach 1 Cent? Dogecoin Cumulative ROI: Region-Wide Analysis On the Year-to-Date front, Dogecoin is currently down 5.6%. Velo Data’s numbers pointed out that DOGE’s cumulative ROI during Europe’s trading hours [purple] has been in negative territory for most of 2023. In fact, the state has only worsened in H2. Source: Velo Data During the first few months, when DOGE rallied along with Bitcoin, the market predominately had buyers from the U.S. [blue] and Asia Pacific [yellow] reg...

The cross-border money remittance token is up 2.8% to $0.53, with at least $1.4 billion in trading volume and $28 billion in market capitalization. advertisement XRP has not flipped significantly bullish since the correction from the July court ruling rally to $0.93 but recently found support at $0.5. For the ongoing rebound to stay intact, bulls must be purposeful about pushing for a break above $0.55 – the immediate resistance and most importantly the descending trendline. XRP Price Flashes Key Buy Signal After sustaining a sell signal since mid-August, the Moving Average Convergence Divergence (MACD) indicator is aligning with the improving investor sentiment, with a buy signal. The path with the least hurdles will likely stick to the upside, now that the MACD line in blue has flipped above the signal line in red. Traders would be watching the momentum indicator keenly, with movement to the mean line (0.00) and into the positive territory set to ke...

Ethereum Client Releases Major Upgrade For Holesky Testnet Ethereum execution layer client Nethermind released the v1.20.2 upgrade for the upcoming Holesky testnet launch on September 15 at 14:00 UTC. Holeskey testnet is set to replace the long-running Goerli testnet . advertisement Nethermind client v1.20.2 is live and ready for the upcoming Holesky launch! 📅 Holskey testnet , set to replace Goerli, will launch on Sept. 15, 2023 at 14:00 UTC See the full changelog here: https://t.co/11yLTSMqll pic.twitter.com/jpPLqeBP5V Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Market...

SOL price rallied to a year-to-date high above $30, but Solana’s struggle with increasing its user stats call the current bullish momentum into question. Solana (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the U.S. Securities Exchange and Commission in the case contesting XRP’s position as a security.  The token recorded gains of 48.09%, reaching a peak of $32.40 as news of the court ruling spread, before retracing below the $30.00 level. The positive gains following the verdict not only eliminated the losses from June 2023 when the SEC considered SOL a security in its lawsuit against Binance and Coinbase, but also reclaimed levels not seen since the FTX collapse in November 2022. However, the network's usage and market charts suggest that a long-term bullish price trend is unlikely, with the $30 level forming a crucial resistance level. Solana ecosystem growth stalls The total fees paid on Solana are still ranging below Q3 ...

ETH Price Drops Continues While Ethereum’s price initiated a recovery wave, surpassing the $1,640 mark, it is encountering resistance at the $1,660 and $1,670 levels. The failure to breach the $1,670 resistance could lead to continued downward movement. ETH coin price is now trading at $1,642.67, with a 0.40% decline in the last 24 hours. advertisement Even with these variations, the Ethereum ecosystem’s expansion is still notable. Miles Deutscher, a well-known trader and crypto expert, draws attention to the quick growth of active addresses across Layer 1 and Layer 2 solutions, which reached a record high of 1.97 million. This positive perspective contrasts with the caution voiced by analyst Ali, who believes that Ethereum slipping below the $1,600 – $1,550 bracket might trigger a substantial correction ranging from 37% to 45%, with a target of $1,000. Recommended Articles ...