Schlagwort: crypto market

• Cryptocurrencies have been the best-performing assets recently.

• Shiba Memu has now raised over $4.4 million from global investors.

• Other top-performing tokens were Celestia and Terra Luna.

Cryptocurrency prices thrived this week as investors cheered the hints from the Federal Reserve and the stocks surge. They also surged after Blackrock filed for an Ethereum ETF. Bitcoin surged to over $37,000 while Ethereum moved to over $2,000. This surge pushed the total market cap of all cryptocurrencies to over $1.4 trillion.

Another important feature of the financial market was the meme coin comeback. Bonk, the Solana meme coin, surged to the highest point since January as demand rose. Other meme coins like Catecoin, Shiba Inu, and Floki Inu also jumped. This article looks at some of the top cryptocurrencies to watch, including Shiba Memu, Celestia, and Terra Classic.

Shib Memu forecast

The comeback of meme coins like Bonk and Floki has led many investors to consider allocating some of their cash to upcoming tokens. The theory is that investing in these coins is usually less risky because of their cheap prices. 

One meme coin that is doing well is known as Shiba Memu, which is currently in a presale. The token has already raised over $4.4 million in the past few months, making it one of the best-performing players in the industry. 

Shiba Memu, unlike other meme coins, has a go-to strategy that will help it do well when it gets listed soon. For one, unlike meme coins like MEME and Bonk which have no utility, it aims to develop a full ecosystem. For example, the developers aim to infuse artificial intelligence (AI) in the network.

AI is the fastest-growing industry this year. For example, a company like OpenAI, the creator of ChatGPT, has become a multi-billion dollar entity that makes millions of dollars every day. It is being used by more than 100 million people globally. 

OpenAI is not the only one. Anthropic has raised over $4.4 billion from investors while Elon Musk has launched Grok. Other smaller companies are working to develop their AI suites. 

According to Shiba Memu’s whitepaper, the developers will use the technology to boost its self-marketing. Therefore, because of its growing popularity, there is a likelihood that the token will jump when it gets listed. You can buy the Shiba Memu token here.

Terra LUNA price prediction

Terra (LUNA) is the remnant of Terra, which was once a top-ten cryptocurrency. LUNA was one of the top-performing cryptocurrencies this week as its price surged to a high of $0.000096, the highest point since June 13th. At its highest point this week, the token was up by more than 76% from the lowest level. This price was also slightly above the 23.6% Fibonacci Retracement level.

On the daily chart, LUNA price has moved above the 25-day and 15-day Exponential Moving Averages. It is also a few points above the key support at $0.000076, the lowest point in July this year.

The chart also shows that LUNA’s volume has been rising steadily recently. Therefore, the outlook for the token is quite bullish for now, with the next level to watch being at $0.00015, the 38.2% retracement level. This view will be confirmed if it moves above this week’s high of $0.00096.

Celestia TIA price forecast

Celestia is a relatively new cryptocurrency. The developers have built what they say is the first modular blockchain network. This means that it securely scales with the number of users, which makes it easy for people to build and launch their networks. A few developers have already joined the ecosystem, including Astria, Blockless, Berachain, and

Celestia token has been one of the top-performing cryptocurrencies recently. It jumped to a high of $3.90 this week. At its peak, it was over 75% from its lowest level this year. It has now pulled back as investors start taking profits. I suspect that the token is now forming a double-top pattern, meaning that it could retest the all-time high of $3.90. If this happens, it will need to rise by 20%.

The post Crypto price prediction: Shiba Memu, Celestia, Terra Luna appeared first on CoinJournal.

• SEC has suggested FTX revival if it follows the rules.

• Memeinator has caught the attention of investors with its meme promise.

• Memeinator will deliver a 132% ROI in its presale.

The controversial FTX exchange, which collapsed in late 2022, could be on its way to resurgence. SEC Chair Gary Gensler hinted at a possible reboot amid ongoing legal tussles. Of essence is the optimism the revival brings to a battered crypto sector. This allows quality projects like the upcoming meme project Memeinator to thrive. But how does FTX’s latest cryptocurrency news impact the investment landscape?

FTX reboot and what it means to the sector

Gensler’s comments come when several investors declare interest in buying FTX. In an interview during the DC Fintech Week, Gensler responded in regard to FTX. “If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law.”

The views of the SEC chair suggest a soft stance towards digital assets and cryptocurrency exchanges. The crypto firms have recently been in a running battle with the regulator since the FTX exchange. Coinbase and Binance are some of the firms that are currently battling it out with the SEC.

Gensler says the sector is littered with fraudsters, calling for more work to protect investors. The SEC chair has indicated that as long as FTX follows the law, there is no barrier to its rebirth. Former NYSE president Tom Farley is among the investors to express interest in buying FTX.

Gensler’s view reflects ongoing sector reforms calling for regulation and market control over cryptocurrencies. The inevitable market grip could clear the sector of uncertainty and give room for quality projects to thrive. Undoubtedly, Memeinator capitalises on this shift to position itself for domination in a new crypto era.

Memeinator: The ultimate meme crypto terminator

Think of catastrophic meme crypto failures, like the once famous squid game crypto. These rug pulls vanished with millions of dollars of investors’ money. But that is coming to an end, thanks to a new crypto sensation, Memeinator.

Forged from a futuristic society of 2077, Memeinator understands that not every meme deserves attention. Memeinator features cutting-edge AI technology that enables it to clean the meme sector. As such, Memeinator applies a ruthless meme-targeting system that identifies and crushes scamming memes. Non-original, weak, pathetic, and ugly memes will fall under Memeinator’s axe. 

Memeinator also has a goal to dominate and become the most popular meme cryptocurrency. The goal is to reach a $1 billion market cap, utilising powerful marketing assisted by AI. The team will invest in powerful branding and marketing to ensure everyone is talking about Memeinator. That includes tapping into influencer power to gain traction for the project. This way, the project will attain a huge market cap, generating high returns to investors.

Also, the team has lined up an exciting product portfolio to enable Memeinator to attain a high market value. These include a game, community NFTs, and a staking feature in favour of regular token yields for investors. The limitless opportunities endear Memeinator as an exciting meme project challenging for a top meme spot.

Is Memeinator’s presale attractive?

The worthy role that Memeinator plays in the meme sector is what could have attracted investors. In a few weeks since launching a presale, investors have bought over $1.2 million of the tokens. The presale is currently in Stage 6. At the end of the 29-stage presale, Memeinator will be set for listing on tier 1 exchanges. This makes the presale attractive to investors seeking to capitalise on early post-listing gains.

The ROI is also attractive for Memeinator presale buyers. The token joined Stage 1 at $0.01 and rose to $0.0133 in Stage 6. The presale ends at $0.0485, representing a 132% ROI for early investors. The exciting aspect is that the gains are made at each stage, making it attractive for investing early.

The post SEC chair hints at FTX comeback, while Memeinator presales enter stage 6 appeared first on CoinJournal.

• A potential spot Bitcoin ETF has raised optimism in crypto markets.

• Shiba Memu has crossed the $4.4 million barrier in presale.

• Shiba Memu could experience high speculation after the token is listed.

A renewed hope is creeping into crypto markets. Bitcoin tapped $37,000 on Thursday, its highest since May 2022, as investors placed bets on potential spot ETF. Meanwhile, the sentiment has boosted the rest of the sector, as most cryptos remained green. The sentiment is positive for upcoming digital assets like Shiba Memu (SHMU). 50 days before the presale closes, investors have bought over $4.446 million worth of the tokens.

Spot Bitcoin ETF increasing interest in risky assets

The prospect of the first spot Bitcoin ETF is seen as the primary driver of growing interest in digital assets. Optimism increased after reports the SEC had opened discussions with Grayscale for its spot ETF application. The development comes after Grayscale won a case ruling against the regulator over its spot product filing. 

Analysts are expecting a potential ETF approval will boost Bitcoin price. So far, market indicators suggest that a higher Bitcoin price is on the horizon. Bitcoin’s one-month call-put skew has risen above 10%. The level is the strongest bullish bias for the asset since April 2021. The metric measures call option prices in relation to puts expiring in a month. Calls outpacing puts is interpreted as a bullish bias.

The strengths of Bitcoin are positive for crypto as the asset sets the mood for the sector. As such, new projects like Shiba Memu are likely to generate more interest, boosting the post-listing prices.

Shiba Memu capitalises on meme interest

Meme cryptocurrencies are an exciting asset class. Although they often lag major cryptos when a bullish market sets in, their movement can be parabolic. This has seen investors buy the meme tokens in anticipation of these market moves for quick and high returns.

Shiba Memu seeks to capitalise on the trends in meme assets to generate high ROI for investors. However, unlike its peers, which experience frequent pumps and dumps, Shiba Memu seeks sustainability. 

As such, Shiba Memu taps into the rapidly growing world of AI. The project relies on AI to self-market itself and become powerful. For instance, the AI can scan the web to find creative ideas and write its own marketing copy. In the future, Shiba Memu will become more intelligent and powerful to deliver high ROI to investors.

Shiba Memu is a socially engaging meme project

One of the exciting aspects of memes is their ability to captivate the minds of their enthusiasts. Terms like the “Doge army” and “Shiba army” are common among enthusiastic meme communities. That’s because memes are mostly social projects and derive value from engagements and social chatter.

But unlike its predecessors, Shiba Memu takes the engagement game a notch higher. The project features an AI dashboard where users can hold meaningful discussions with the AI. They can query the AI about the latest in marketing strategies. They can also give suggestions on how to improve the project. The engagement ensures Shiba Memu dominates using social metrics, helping its value to grow. 

Is Shiba Memu a good investment?

Shiba Memu’s strong presale shows interest in the project is very high. The potential pst-listing gains are expected to be huge due to high speculations. Similarly, analysts have lauded the token as a potential 10x investment, given the investors’ interest.

Shiba Memu also features a very attractive presale. The token’s price rises daily at 6 PM GMT, delivering persistent returns to early birds. For example, while the token launched at $0.011125 price, it is now $0.039700. More gains are expected to increase during the remaining 50 days of the presale. 

Also, there are other noteworthy methods to generate passive income with Shiba Memu. These include a staking program. Investors earn yields from their staked tokens. This makes Shiba Memu a potentially viable investment for 2023 and beyond. 

The post Spot ETF optimism boosts Bitcoin to $37K while Shiba Memu presale buying interest grows appeared first on CoinJournal.

The new crypto bull run is here. Bitcoin price has skyrocketed from last year’s low of $14,900 and is now comfortably above $35,000. Ethereum is nearing $2,000 while the total market cap of all digital currencies has surged to over $1.3 trillion.

There are two primary drivers for the ongoing crypto bull run. First, the Federal Reserve has left interest rates unchanged for two meetings straight and hinted that it may be done hiking. Other central banks like the European Central Bank (ECB) and Bank of England (BoE) have done the same.

Second, there are increasing hopes that the Securities and Exchange Commission (SEC) will approve the Bitcoin ETF. Some of the top companies that have applied for these ETFs are Blackrock (biggest asset manager in the world), Invesco, Franklin Templeton, and Ark Invest. 

Memecoins are doing well

The new Bitcoin bull run has attracted many investors to meme coins. Pepe coin, the popular token launched a few months ago, jumped to a high of $0.00000135 this week, the highest point since August 15th. At its peak, the token was up by more than 126% from the lowest point this year. Its market cap has jumped to over $450 million, making many of its holders millionaires.

Another new meme coin is known as Memecoin (MEME). It was launched this week and quickly became one of the fastest-growing tokens. It has surged, giving it a market cap of more than $219 million. It has a fully diluted market cap of over $1.72 billion. 

Memecoin is a honest cryptocurrency. Unlike others that masquerade to do things, its website makes it simple. The meme coin has no utility, no roadmap, no promises, and no expectation of financial gains.

Memeinator could be the next big thing

The success of Memecoin and Pepe means that other tokens could thrive and mint crypto millionaires. One of the top meme coins that has a real chance of becoming popular is Memeinator.

For one, the token has already been successful. In less than a month, the token’s developers has raised over $1.1 million and is about to hit its target 5 target of $1.2 million.

Unlike Memecoin (MEME), Memeinator has two important catalysts. First, it aims to have a real utility in the marketplace. In the future, it aims to be a leading player in the gaming industry, which is expected to do well.

Second, it has incorporated the concept of artificial intelligence in its ecosystem. AI is one of the fastest-growing industries in the world. For example, we have seen the strong performance of companies like Palantir, Nvidia, and AMD.

Therefore, there is a likelihood that the MMTR token will do well when it get listed in key exchanges like Uniswap and Binance. You can buy the Memeinator token here.

The post New Memecoin Crypto Has Minted Millionaires: Is Memeinator Next? appeared first on CoinJournal.

The biggest stories of this week were the Federal Open Market Committee (FOMC) meeting on Wednesday followed by the US non-farm payrolls (NFP) data on Friday. These two events set the tone for what could be the next bull run in the crypto and stock market. 

FOMC and US NFP data

The Federal Reserve concluded its two-day monetary policy meeting on Wednesday. And was widely expected, the bank decided to leave interest rates unchanged between 5.25% and 5.50%, the highest point in more than two decades. 

In the accompanying statement, the bank left the door wide open for another rate hike in December or the first quarter of 2024. However, in the press conference, Jerome Powell hinted that the Fed could be done hiking rates.

At the same time, he noted that the bank would continue being data-dependent. In this regard, he said that the bank would focus on jobs and inflation numbers that will come out before the December meeting.

The NFP data published on Friday revealed that the job market was easing. The economy added over 150k jobs during the month while the unemployment rate rose slightly to 3.9%. Also, the labor participation rate dropped slightly. 

Therefore, analysts believe that the Federal Reserve is now done hiking interest rates. This explains why American equities had one of their best weeks in months. The US dollar index and bond yields dropped to the lowest points since September.

Shiba Memu could benefit

All this could benefit Shiba Memu and other cryptocurrencies. Indeed, Bitcoin has jumped to the highest point in more than a year while the total market cap of all coins has soared to over $1.3 trillion.

For starters, Shiba Memu is an upcoming meme coin that aims to take advantage of the popularity of cryptocurrencies and artificial intelligence (AI). While the AI hype is falling, there were two important events this week.

Palantir Technologies published strong financial results and forward guidance, which it attributed to the AI demand. At the same time, Microsoft launched Copilot for Enterprise companies.

Shiba Memu aims to become a better meme coin than the other popular ones like Floki, Dogelon Mars, and Shiba Inu by having a full ecosystem. For example, its advanced AI technology will help to automate its marketing process.

All this explains why Shiba Memu is gaining popularity. The developers have already raised over $4.3 million from global investors. And because of the rising demand, they have now extended the presale period to the end of December. You can buy the token here.

🚀Attention #MemuMafia!

First and foremost, a massive thank you to each one of you who voted. Your input and passion drive us forward.

Based on your overwhelming feedback, we’re decisively extending the $SHMU presale for one FINAL stretch, ending on December 30, 2023. 🗓️

🧵

— Shiba Memu (@shibamemu) October 31, 2023

Is Shiba Memu a good investment?

Therefore, a common question among investors is whether Shiba Memu is a good investment. We believe that the crypto industry will go through a major rally in 2024, helped by the upcoming Bitcoin halving, interest rate cut by the Fed, and a spot Bitcoin ETF launch.

If this happens, it means that many meme coins, including Shiba Memu will rally as well. However, there are always risks when investing in meme coins and other crypto tokens. For one, these assets are always extremely volatile.

Therefore, if you are planning on investing in SHMU, we recommend that you use quality risk management strategies. For example, only invest in funds that you can afford to lose.

The post The Fed may be done hiking: Time to buy Shiba Memu? appeared first on CoinJournal.