SHIB lost 2.38% of its value in the seven days but it may not drop below $0.0000082.
SHIB lost 2.38% of its value in the seven days but it may not drop below $0.0000082.If the money flow continues in the positive territory, the token may hit $0.00001 before the year ends.Shiba Inu’s fear and greed index was 64%, indicating that traders are tilting to the bullish side.For the past three years, Shiba Inu (SHIB) holders have found it difficult to be in celebratory mode in December. According to CoinMarketCap, when SHIB tapped its all-time high (ATH) of $0.000080 around October 2021, the price tanked until it reached $0.000030 in December.Fast forward to 2022, it was not any better. Although affected by the FTX collapse, the token dropped from $0.000012 in November till it hit $0.0000083 around December 28. SHIB All-Time Performance (Source: CoinMarketCap) Not This TimeLately, SHIB has been inconsistent with its movement. In the last 24 hours, the cryptocurrency reclaimed $0.0000084. But the last seven days have not been the best for SHIB, losing 2.38% of its value in the process.This indecisiveness has brought out the conversation speculating around a repeat of its usual performance in the 12th month of the year. At the time of writing, SHIB was showing signs that it could defy the odds and not follow the usual trend.One reason for this projection is the Relative Strength Index (RSI). At press time, the RSI was 55.66. The reading being above the 50.00 midpoint means there was a good level of buying momentum. This buying pressure has also been responsible for the hike to $0.0000084 after the price initially dropped to $0.0000082 on November 26. The bullish bias was also confirmed by the Chaikin Money Flow (CMF).At press time, the CMF was 0.19. Using a typical 21-day period, the CMF measures the flow of money into a cryptocurrency. Also, CMF values are between -1 to +1. So, the move into the positive territory is a sign that there is ongoing buying pressure. SHIB/USD 4-Hour Chart (Source: TradingView) Traders are Bullish on SHIBShould sellers fail to absorb the buying momentum, SHIB may try and approach $0.00001. However, traders need to watch out for the sentiment in the market. If the CMF later drops and money flow reduces, SHIB may fall back to $0.0000082.Irrespective of SHIB’s movement, traders seem to be bullish on the token. This was because the Shiba Inu fear and greed index was 64% at press time. The fear and greed index gauges a cryptocurrency’s movement and if one is fairly priced.According to CFGI.io, the reading of the index means the volatility, volume, and social perception support a bullish move. The index signaled a greed level but not an excessive one. So, it is unlikely to see a significant drawdown in the SHIB price.The post Will Shiba Inu (SHIB) Repeat Its Historical December Performance? appeared first on Coin Edition.#BTC🔥🔥 $FTT $SHIB
Do you know the biggest scam in cryptocurrency history? If not, keep reading.
The biggest scam is the ONECOIN scam, a massive pyramid scheme that ran from 2014 to 2018. Founded in Belgium by Ruja Ingtova in 2014, the company promises high returns to users through its digital currency. After the project came, it went to many countries of the world, scamming people from Pakistan, England, Switzerland and more. In 2017, international authorities declared Onecoin to be a scam as it is not a cryptocurrency. A total of US$4 billion defrauded, but lead actor Ruja has not been found and is now on the FBI's top ten fugitive list. being the only woman.
مع اقترابنا من نهاية عام 2023، أظهر بيتكوين (BTC) انتعاشًا ملحوظًا، مما يشير إلى تحول كبير من أدنى مستوياته السابقة. هذا العام، ارتفع قيمة بيتكوين بنسبة 120% من سعره الأولي، مما يظهر أداءً قويًا على الرغم من التحديات التي واجهتها سوق العملات المشفرة. السعر الحالي لبيتكوين حوالي 37,600 دولار، وهو زيادة ملحوظة عن قيمته في بداية العام.سعر السوق الحالي لبيتكوينالحالة الحالية لسوق بيتكوين تكشف عن سعر قدره 37,642.07 دولار، مع تغيير حديث خلال 24 ساعة قدره -14.72 (-0.04%). كانت أعلى وأدنى الأسعار في هذه الفترة 3,788.00 دولار و376,20.00 دولار على التوالي، مما يشير إلى مستوى معتدل من التقلب. حجم تداول بيتكوين خلال الـ 24 ساعة الماضية بلغ 9,777.78 BTC و369,051,924.95 دولار. مؤشر القوة النسبية (RSI) هو 62، مما يشير إلى زخم سوقي قوي نسبيًا دون ظروف شراء مفرطة.
How to confidently earn more than $100,000 from pure profit banking in $Meme 🥷
Anyone who is serious about $100,000 or more in $Meme🥷Anyone who is serious about making $100,000 or more in this next upside, is for you. If you agree with this content, like it and share it ⚡ Before we continue, I want to make it clear to you that this is not a lucky guess. It’s a 100% proven strategy, and it’s a success. Do you want to earn with confidence $100K + do this: To make a net profit of $100K when the memecoin reaches a price of $1 per coin, you will need to invest $2774.92 at the current price of $0.027 per coin. This is because you will need to buy enough coins to total their value of $100,000 when the price reaches $1 per coin. In this case, you will need to buy 3,703,703.7 coins. Of course, there is no guarantee that the price of memecoin will reach $1 per coin. In fact, the price is more likely to go down than it is to go up. However, if you are willing to take risks, investing in memecoin trading may be a way to make a lot of money. Here are some things to keep in mind before investing in Memecoin trading:📌$Meme is a highly volatile asset class. This means that the price can fluctuate significantly in a short period of time. 📌 $Meme is not regulated by any financial authority. This means that there is no guarantee that your investment is safe. 📌$Meme is a new and untested asset class. This means that there is no guarantee of their long-term success. Python Code:# Calculate the total number of coins needed to make a profit of $100,000 Total_coins = 100,000 / (1 - 0.027)# Calculate the investment amountInvestment amount = Total_coins * 0.027Print ("Investment Amount:",