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Showing posts with the label market rally

SHIB Price Surges on Burn Rate and DAO Buzz

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Shiba Inu burn rate surge has actually reached unprecedented levels with a massive 3,464% increase in just 24 hours, and this has destroyed 9,814,765 SHIB tokens while sparking a major price rally. The Shiba Inu burn rate surge is happening right now alongside the launch of DAO elections, which is creating some pretty perfect conditions for SHIB to target $0.000015. This particular Shiba Inu burn rate surge represents the most significant deflationary pressure the meme coin has experienced this year. HOURLY SHIB UPDATE$SHIB Price: $0.00001236 (1hr 0.17% ▲ | 24hr 3.10% ▲ ) Market Cap: $7,280,703,549 (3.05% ▲) Total Supply: 589,247,910,709,199 TOKENS BURNT Past 24Hrs: 9,814,765 (13977.00% ▲) Past 7 Days: 23,317,751 (-96.31% ▼) — Shibburn (@shibburn) August 7, 2025 Shiba Inu Burn Rate Surge Fuels Price Rally and $0.000015 Target Source: Watcher.Guru Record Token Burns Are Driving the Shiba Inu Price Rally The recent burning activity shows an absolutely staggering 13977% increase compared ...

+54.83% in One Month: Ethereum (ETH) Bulls Now Eye a $5K August?

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The cryptocurrency market saw a spectacular change this month. This noteworthy development saw Ethereum, the second-largest cryptocurrency by market cap, moving ahead in stealth mode, carving its path after staying sluggish for months. ETH has noted a massive price jump this July, fueling new hope and enthusiasm for ETH bulls to bank on. With increased investor and institutional interest, will ETH continue to surge higher in August? If yes, how high can it truly go? Let’s find out. Also Read: Ethereum’s 10-Year Anniversary: Price Forecast for Next 10 Years Ethereum: The Latest Star of the Market Source: Watcher Guru Ethereum is currently leading the crypto market evolution as of now. Per the latest CoinMarketCap data, ETH is currently trading at $3861, up 57% in the last month. The token has gained a tremendous leap, breaking away from resistance prevalent at various $2K+ price levels. $ETH went up 55% in July. This has been by far its best monthly performance in 3 years. pic.twit...

BONK Rallies 109% While Market Rally Fizzles Out

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The cryptocurrency market rally seems to be dimming out. Bitcoin (BTC) climbed to a new all-time high of $122,838 on July 14, but has since fallen to the $117,000 level. Most other assets are following BTC’s trajectory on the daily charts. Bonk (BONK), however, continues to trade in the green zone across the board. The memecoin is up 10.4% in the daily charts, 26.9% in the weekly charts, 109.7% in the 14-day charts, and 96.9% over the previous month. The coin’s price has also risen by 20.5% since July 2024. Source: CoinGecko Will BONK’s Rally Outshine The Larger Market Upswing? Source: Decrypt It appears BONK has yet to face a dip, while other assets are already in a downtrend. The project’s “memecoin” status may have something to do with its performance pivoting from the larger market. Memecoins are heavily subject to speculation. Online buzz plays a large role in the price swings of meme tokens. BONK’s rally is likely due to the team announcin...

Why Bitcoin will slingshot to $130,000 by August

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Bitcoin’s (BTC) technical indicators suggest the maiden digital currency is likely to hit a new all-time high of around $130,000 in the coming weeks. This comes as Bitcoin attempts to reclaim the $110,000 level, which has acted as a major resistance point in recent sessions. As of press time, BTC was trading at $108,118, up 0.5% in the past 24 hours and nearly 1% over the past week. Bitcoin seven-day price chart. Source: Finbold For the price outlook, Analysis by TradingShot , in a TradingView post on July 5, highlighted that Bitcoin is flashing a strong bullish signal after completing a golden cross on the four-hour chart. The cryptocurrency is now holding above its four-hour 50-period moving average (MA), a key support level that, if maintained, could fuel a sharp rally. According to TradingShot, the current setup mirrors Bitcoin’s April–May rally, when a similar channel up pattern peaked near the 2.618 Fibonacci extension. The fractal shows the same serie...