Tag: Buying

Shiba Memu shines as investor buying power hits 6-month high

Shiba Memu presale has hit $3.6 million as more investors buy into AI meme coin. Meanwhile, stablecoin on exchanges is at a 6-month high, led by massive whale deposits. What does spike in exchange buying power means for crypto, Shiba Memu? Although the crypto market is still largely in the accumulation phase amid the latest […]

Crypto bleeding has most altcoins in buying zone: Santiment

The MVRV metric suggests most altcoins are underbought and present a buying opportunity. A new leg down could however push some of the tokens into a danger zone. Crypto prices have decline alongside weaknesses stocks. The total cryptocurrency market cap is down 1.7% at the time of writing as the broader crypto market battles yet […]

Buying Bitcoin now? What this could mean

Bitcoin endured a bear market for the whole of 2022 Macro-economic factors have been responsible The bearish market could continue as analysts predicts recession in 2023 There were high hopes as Bitcoin (BTC/USD) surpassed $68,000 at the tail end of 2021. Investors started to bet on $100,000 as the next price level. Renowned investors, including […]

Shiba Inu (SHIB/USD) whale buying intensifies but does price action show it?

Shiba Inu is among the most purchased cryptocurrencies by Ethereum whales The price action is still bearish despite a Shibarium update SHIB could maintain the downtrend if new developments do not come up Meme cryptocurrency Shiba Inu (SHIB/USD) is again on Whale’s radar. According to Whalestats, Shiba Inu is among the most bought cryptocurrencies among Ethereum […]