SHIB’s network was closing in on overvalued levels, and could draw the price down. Holders accumulated trillions of tokens between $0.000020 and $0.000023, indicating a possible uptrend rejection. As an experienced financial analyst, I believe that Shiba Inu’s [SHIB] current downtrend is not a mere correction but a potential sign of further price decreases. The … Read more
DAI struggled to maintain its dollar peg, with trading confined within a narrow range of the Bollinger Bands. Mixed indicators signaled ongoing stability struggles, without strong trends pushing away from the peg. As an experienced financial analyst, I’ve closely monitored the recent price action of DAI and evaluated its current market situation based on available … Read more
Despite being close to the opportunity zone, MATIC might struggle to bounce. The token seems to have fallen into the bear phase, indicating that the price might go lower. As an experienced analyst, I believe Polygon’s [MATIC] current situation is not ideal for new investors. Despite being near the opportunity zone, the token has fallen … Read more
WLD indicated bullish momentum after retesting key trendline support. Whale transactions and development activities signaled a potential reversal. As a seasoned crypto investor with a few battle scars from past market downturns, I’ve learned to keep an eye on crucial indicators that could potentially signal a bottom or a reversal. With Worldcoin (WLD) showing signs … Read more
Celebrity memecoins like $MOTHER and $DADDY faced volatility despite community support. Robert Leshner of Superstate acknowledged the cultural impact of memecoins like Dogecoin. As a seasoned crypto investor with several years of experience in the market, I have witnessed firsthand the volatility and unpredictability of memecoins like MOTHER and DADDY. While these coins may garner … Read more
TVL hiked by almost 20% in the last 30 days alone While LDO’s price rose, online engagement with the project surged As a researcher with extensive experience in blockchain and cryptocurrency markets, I find the recent developments surrounding Lido Finance (LDO) particularly intriguing. The platform’s surge in Total Value Locked (TVL), now standing at $33.77 … Read more