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Interesting times are ahead for Shiba Inu with triple-digit profit potential for investors, according to a leading cryptocurrency analyst. The prediction comes when Bitcoin is skyrocketing in the charts after touching a new all-time high of $122,838 on Monday. The bullishness has spilled over to other leading altcoins including Ripple’s XRP, Cardano’s ADA, Solana’s SOL, and VeChain’s VET. Even SHIB is benefiting from the upward trajectory and is eyeing a triple-digit rise. Also Read: Bull Run To Generate 1,500% Profits for Shiba Inu, Target $0.0002 Shiba Inu Could Surge 500%, Reach $0.00008 Leading cryptocurrency analyst Javon Marks shared a chart Analysis indicating that Shiba Inu could break out in price soon. He projected that SHIB has an upside potential of 500% with a new price target of $0.00008. That’s close to its all-time high of $0.00008616, which it reached in October 2021. If SHIB reaches the target, it would come close to its ATH after nearly...

Shiba Inu is currently trading at the $0.00001344 mark on Friday and is mostly moving sideways in the charts. Investors who took an entry position in SHIB are waiting for the token to make them turn millionaires. They are inspired by the stories of early investors who put in a mere $1,000 and took home more than a million in profits. Present-day investors are hoping that the token will replicate its previous price run and make their portfolios swell. Also Read: Solana vs Litecoin: 5% Drop for SOL & LTC Eyes $200 Resistance Source: Coingecko Early investors who poured $1,000 into Shiba Inu and took home a million invested when its price was around $0.0000000001. SHIB deleted five zeroes and delivered them $1 million in profits and now its price is at the $0.00001 mark. So how many more zeroes should Shiba Inu delete now to turn an investment of $1,000 turn into $1 million? Let’s find out below! Also Read: Charles Schwab on the U.S. Dollar’s 7.3% Slide and What’s Ahead Shiba Inu: At...

Japan’s Financial Services Agency (FSA) is exploring a significant reduction in the tax rate on cryptocurrency gains, potentially from 55% to 20%. As Colin Wu reported, this adjustment would align crypto taxation with stock market capital gains, making digital assets more appealing to both retail and institutional investors.  If implemented, this change could boost participation in the crypto market, attracting new investors seeking promising opportunities. For those looking to get started, exploring the best cheap cryptos to buy now under 1 dollar could be a strategic move in light of these potential tax benefits. 6 Best Cheap Cryptos to Buy Now Under 1 Dollar  From a market standpoint, Kava (KAVA) is currently valued at $0.4914, marking a 3.44% increase in the past 24 hours. Aleph Zero’s token (AZERO) is trading at $0.2504, with a market cap of roughly $66.82 million. Meanwhile, Solaxy ($SOLX) has been making waves in the crypto industry, recently surpassing ...

Artificial Intelligence (AI) is growing faster than ever and is poised to transform industries worldwide—just as MIND of Pepe aims to become a top investment in AI agent coins. Currently valued at $390 billion, the AI market is expected to grow fivefold over the next five years. In the U.S. alone, it’s projected to reach $299 billion by 2026. Between 2022 and 2030, AI is expanding at an impressive annual growth rate of 37.3%, and by 2025, nearly 97 million people will work in AI-related fields. This incredible growth makes investing in AI-driven crypto projects, especially during presales or ICOs, a golden opportunity. One standout project leading the charge is MIND of Pepe, which uniquely combines cutting-edge AI with the vibrant world of meme coins—offering both innovation and fun for early investors. Tapping Into AI’s Explosive Growth with Innovative Meme Coin Integration MIND of Pepe is an AI-driven platform that offers holders of its MIND token exclusiv...

The overall feeling in the market has been positive since the close of Uptober. This month, Bitcoin (BTC) finally rose above its all-time high of $73K and almost closed in on the 100K mark. Meanwhile, many investors have already made plenty of gains from the November bull run. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of the presale token, Catslap. This new memecoin introduces a Play-to-Earn (P2E) feature that brings a more potent utility edge over other meme coi...

Best Wallet, a leading Web3 wallet, has launched a new feature that allows users to become early adopters of groundbreaking projects in the industry. Called “Upcoming Tokens,” this feature enables Best Wallet users to participate in token presales, which would position them ahead of the curve of possibly high-value investments. This addition further enhances Best Wallet’s rich functionalities, which already include cross-chain swaps and fiat conversions.  Furthermore, the user-friendly, non-custodial wallet also recently kicked off an airdrop campaign, giving users the chance to earn $BEST, its native token, by completing various quests. Now, with the Upcoming Tokens feature, users can easily and directly engage in presales right from the Best Wallet app, making it one of the most convenient ways to invest in innovative projects on the market. 🎉 Introducing Upcoming Tokens! 🎉 We’re excited to bring you a worl...

Ethereum (ETH), the second-largest cryptocurrency by market cap, has once again captured the spotlight due to surging institutional interest. As traditional financial investments flow into the Ethereum ecosystem, Finbold has identified two of the top ERC-20 tokens to consider for investment in May 2024. With the market anticipating increased capital inflows for related cryptocurrencies, Lido DAO (LDO) and Uniswap (UNI) stand out as two of the most prominent and highly capitalized Ethereum tokens worth considering this month. Both tokens have shown significant potential and have driven innovation within the Ethereum ecosystem Lido DAO (LDO) As the largest DeFi protocol, Lido has achieved a milestone with one million Ethereum validators and holds a significant share of 28.5% of all staked Ether. This prominence is bolstered by the adoption of liquid staking protocols, which have seen a rapid expansion due to their liquidity advantages. Unlike regular staking where Ether remains lo...

Ethereum jumps 13% in a week, and more growth could be imminent. Rebel Satoshi attracted more investors after $RECQ started its presale at $0.0020. Investors have been flocking to top meme coins over the past few weeks, hoping to get massive returns soon. As a result, Ethereum’s (ETH) gas fee recently rose significantly, rendering the network unusable for most crypto enthusiasts. Meanwhile, Rebel Satoshi, an emerging meme coin project, has caused a stir after starting the public presale of its utility token, $RECQ.  Which is the best cryptocurrency to buy in 2024, Ethereum or $RECQ? Let’s find out! Ethereum surges 13% amid rising gas fees Ethereum has put up a commendable performance over the past seven days. On March 2, ETH was changing hands at around $3,420.09. ETH began climbing the same day as investors anticipated ETH surging after the Dencun upgrade ships on March 13. Additionally, increased activity around Ethereum-based meme c...

Investors in AI tokens have pushed Render, Fetch.ai and AGIX prices higher. This comes as the market sentiment holds bullish ahead of Nvidia’s upcoming GTC AI conference. Bitbot, a new Telegram trading bot, is also seeing aggressive investor activity as its presale hits $845k. After meme coins outperformed this week led by Shiba Inu, dogwifhat and Pepe, its artificial intelligence related tokens that are flying now. According to market experts, the AI token sector is likely getting impetus from the upcoming Nvidia GTC AI 2024 conference. Notably, meme coins are also still hot as Bitcoin holds above $66k. Another hot trend in the market this week is Bitbot (BITBOT), the new Telegram trading bot that analysts have forecast could be a 100x token in 2024. Bitbot proves attractive as AI tokens surge AI tokens Render (RNDR), Fetch.ai (FET) and SingularityNET (AGIX) are soaring, with RNDR seeing a 31% spike in the past 24 hours, FET +36%, and AGIX +28%....

The API3 token is up 70% over the past week, as the project aims to solve smart contracts’ challenges by offering secure and reliable access to real-world data. The market cap of API3 now stands over $347 million, with its price hovering around $3.43, having increased by 70% in the past seven days, according to data available on CoinGecko. Since the past year, API3 has seen a 91% price surge as it continues to show strength.  Technical Analysis shows resistance levels in the $3.40 to $3.60 range. A weekly close above this resistance zone could drive the price upwards. Nevertheless, the Relative Strength Index (RSI) value on the weekly timeframe is 86, indicating that the market is overbought. API3 as a blockchain oracle service API3 aims to facilitate creating and monetizing large-scale decentralized APIs (dAPIs). This, however, becomes all the more important with the spread of blockchain technology in industries like supply chain management and decentralized banking. Its ...

Solana is elevating its token functionality, providing developers with enhanced control by implementing customizable token ownership and usage rules.  This development is the result of the Solana (SOL) Foundation’s recent announcement about the activation of “token extensions” on Solana’s SPL token standard, a project that has been in the works for over a year, previously known as Token-2022. The key objective of these token extensions is to bolster compliance capabilities for entities creating tokens on the Solana network. The Solana Foundation highlights that these extensions enable businesses to embed specific functionalities directly into their tokens. Features such as whitelisting, automatic transaction fees, and confidential transfer mechanisms are now possible, marking a significant upgrade from previous capabilities. 1/ The future of tokenization is now: Introducing token extensions, ready-to-use advanced token functionality on Solana.https://t.co/zN...