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  • BabyDogeCoin is the TOP BNBChain DEX by Social Signal in last 7 days

    BabyDogeCoin is the TOP BNBChain DEX by Social Signal in last 7 days

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  • The TVL of Baby Doge Swap increased by 15% in the past 7 days

    The TVL of Baby Doge Swap increased by 15% in the past 7 days

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  • Floki Inu is the Most-mentioned ERC20 Project on Twitter in The Last 7 Days

    Floki Inu is the Most-mentioned ERC20 Project on Twitter in The Last 7 Days

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  • Dogecoin is the Most Visited Project on CoinMarketCap in the last 30 days

    Dogecoin is the Most Visited Project on CoinMarketCap in the last 30 days

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  • Shiba Inu And Rocketize Token Might Rule The Meme Coin Market In The Coming Days

    Shiba Inu And Rocketize Token Might Rule The Meme Coin Market In The Coming Days

    The crypto market is oversaturated with coins. The ease of entry provides investors with a plethora of options available, and crypto traders and investors have a wide array of options to choose from. To capture their attention, many developers have resorted to tokens and meme coins to capture the interest of crypto holders and users. The meme coin sector of the crypto market might have peaked in 2021, but it is still vital today. The meme coin craze started as a joke back in 2013.

    When Dogecoin (DOGE) was released, it was a response to a running gag on the internet at the time. The joke resonated with so many people that meme coins became a thing overnight. Soon, Dogecoin (DOGE) became more than an internet sensation; it became a viable source of income for crypto users. And with that, meme coins were created. Soon, many other developers began releasing their meme coin variations. There are now over 300 meme tokens in the crypto market, with many more gearing up for release. Of these many coins, two meme coins to look out for are Shiba Inu (SHIB) and Rocketize Token (JATO).

    Shiba Inu (SHIB) The Unique Coin

    Just like the meme coin king, Shiba Inu (SHIB) also started as a joke. However, Shiba Inu (SHIB) also gradually matured into a unique coin with a massive market cap. Today, Shiba Inu (SHIB) is a fascinating coin with several real-world applications. The coin has a one-of-a-kind payment system that supports online transactions without intermediaries, making the process cheap and stress-free. Shiba Inu’s (SHIB) decentralized protocol is founded on the Ethereum (ETH) blockchain. Because of this, Shiba Inu is interoperable with other tokens. The Shiba Inu (SHIB) tokens are utilized in the Shiba Inu ecosystem for yield farming, staking, trading, and even rewards. Shiba Inu (SHIB) rose to prominence by strategically positioning itself as the “Dogecoin Killer.” While many might argue about the tastefulness of the nickname, it certainly did its job by attracting attention. Now, the coin has a thriving community of over a million people. Shiba Inu (SHIB) might have a lot of successes under its belt, but the coin has no intention of stopping. With numerous other exciting projects under its belt, Shiba Inu (SHIB) plans to reign in the crypto market for a very long time.

    Rocketize Token (JATO) The Latest Meme Coin

    One of the latest meme coins that are set to make its mark is Rocketize Token (JATO). The meme token is based on the Decentralized Finance (DeFi) ecosystem. Rocketize Token (JATO) is planning on redefining the communal and financial objectives of human civilization by integrating the non-traditional economic structures of DeFi. Rocketize Token (JATO) is based on the Binance Smart Chain and its token, JATO, acts as a deflationary currency.

    Rocketize Token (JATO) plans to be a successful meme token, and its ambitious map is proof. One of its primary tools is collaboration. Rocketize Token (JATO) intends to make use of decentralized tools and governance to provide inclusiveness and transparency. With a budding community called the Atomic Nation, Rocketize Token (JATO) offers its token holders complete control over funds and choices. By making use of the power of its ever-expanding community, Rocketize Token (JATO) plans to build a broad and varied talent pool.

    One of the finest features of the crypto asset is RockMint. RockMint is designed to generate and store NFT collectables with Web 3.0 dApp wallets. The crypto asset will promote the development of dApps for mobile devices and Web 3.0 innovation for game creation. Rocketize Token (JATO) might also create a bridge to connect multiple blockchain networks and enhance the DeFi utility and popularity on the platform. With the unique features on the platform, there is no doubt that Rocketize Token (JATO) will become a leading coin in the crypto market in days to come.

    Presale: http://rocket.rocketize.io/

    Website: http://rocketize.io/

    Telegram: https://t.me/RocketizeTokenOfficial

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  • Forecasting Shiba Inu’s [SHIB] fortune in the days to come

    Forecasting Shiba Inu’s [SHIB] fortune in the days to come

    Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

    • Shiba Inu depreciated in a descending channel, can the buyers inflict a breakout?
    • On the other end of the spectrum, the Open Interest revealed an increasing edge for buyers.

    Shiba Inu [SHIB] finally flipped its long-term trendline from resistance to support over the last three weeks as the buyers strived to alter the bearish narrative (For brevity, SHIB prices are multiplied by 1000 from here on).

    Here’s AMBCrypto’s price prediction for Shiba Inu [SHIB] for 2023-24

    Recently, the $0.00984 support induced a buying comeback, but the buyers could not gain an immediate advantage. A sustained sway above the current pattern could aid the buying efforts of finding fresher highs in the coming times.

    At press time, SHIB traded at $0.00999, up by 2.96% in the last 24 hours.

    SHIB declined in an up-channel, can the bulls inflict a breakout?

    Source: TradingView, SHIB/USD

    SHIB’s lift-off from the $0.01044-level in the last month set the stage for a bearish pennant setup on the daily charts. But the 20 EMA (red) and the 50 EMA (cyan) continued to pose recovery barriers and induced a reversal. 

    This reversal inflicted a patterned breakdown that put SHIB back on a bearish track. In the meantime, this descent entailed a down-channel (yellow).

    While the 20/50 EMAs looked south, sellers would continue exerting their near-term edge. A rebound from the $0.00984-support could spring a potential break above the current pattern. In this case, the $0.01044-$0.01065 range could undermine the buying efforts.

    An immediate or eventual close above this range can expose the token to a well-needed upside. In such circumstances, SHIB could witness a bearish invalidation and test the $0.011-zone. On the flip side, Any decline below the immediate support could propel a retest of the lower trendline of the down channel.

    The Chaikin Money Flow’s (CMF) jump above the zero mark resonated with the heightened buying pressure. But its higher troughs over the last few days bearishly diverged with the price action. Nonetheless, a consistent position above the midline could fuel the bullish narrative.

    An increase in Open Interest alongside the price

    Source: Coinglass

    An analysis of the total SHIB Futures Open Interest revealed a nearly 5.22% incline in Open Interest over the last 24 hours. Correspondingly the price action marked a nearly 3% jump during the same time. This reading entailed a bullish sign for the near term. 

    Should the buyers capitalize on this, any break above the current pattern could position the token for a bull run.

    Also, the alt shared a 43% 30-day correlation with Bitcoin. Thus, keeping an eye on Bitcoin’s movement with the overall market sentiment could be essential to identify any bearish invalidations.

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