Posts

Showing posts with the label market crash

Shiba Inu: Just $100 in SHIB Becomes $1.8 Million Today

Image
Shiba Inu (SHIB) seems to be making a recovery after the recent market crash. The asset has made a healthy turnaround following a market-wide resurgence. SHIB has rallied 7.3% in the weekly charts, 11.9% in the 14-day charts, and 4.9% over the previous month. Despite the recovery, the asset is down 0.6% in the daily charts and 45.4% since late April 2024. Also Read: Trump Misleading on China Tariff Talks—Gold Price Dips Amid Chaos Source: CoinGecko Just $100 in Shiba Inu Becomes $1.8 Million Today Source: Watcher Guru SHIB is among the most successful cryptocurrency projects in the market. The asset has come a long way in its four-and-a-half-year history. Since its launch in August 2020, till it hit an all-time high of $0.00008616 in October 2021, SHIB’s price rallied by many million percent. Several early investors made massive returns with minimal investments. Many people quit their jobs to live out their dreams after making it big with SHIB. Also Read: SEC Clears Path for XRP 2...

Crypto traders lost over half a billion dollars in market crash

Image
In the last 24 hours, nearly 160,000 cryptocurrency traders lost over $500 million to liquidations as the market crashed. The hit came as Iran launched a new and heavier attack with 180 ballistic missiles against Israel on October 1. Notably, 86.5% of these liquidations were from long positions, totaling $466.79 million out of $539.63 million. During the high volatility period, 159,793 crypto traders had their positions liquidated. In particular, a single trader from Binance lost $12.66 million in the Bitcoin (BTC) pair against Tether USD (USDT). Bitcoin alone lost $143.48 million in liquidations during the crash, which sent its price down to $60,170. Picks for you AI predicts Bitcoin price for October 31, 2024 18 mins ago Bitcoin price fa...

Dogecoin Surges 7% as Traders See Pathway to $1 DOGE

Image
In what has been an impressive rebound for the crypto, Dogecoin has surged as much as 7% in the last 24 hours as traders are beginning to see a pathway to a $1 DOGE. The leading meme coin has bounced back tremendously well from Monday’s market crash. Now eyeing significant gains this year. Positive sentiment could be set to drive the asset the rest of the way. Specifically, DOGE’s continued connection to Elon Musk and his X platform have some investors dreaming big. The question is, can the asset be in a position to make the most of any incoming surge? Source: Watcher Guru Also Read: Dogecoin Forecasted To Hit $2, Here’s When DOGE to $1? Its Improbable Comeback Fuels Renewed Hope At the start of the week, the meme coin sector was hit hard by a massive market crash. Yet, the recovery has been impressive. Among the best bouncebacks have been Dogecoin, which has surged as much as 7% and has reignited the $1 dream for DOGE holders. The asset is currently trading at $0.10, and st...