The crypto market had fairly every week, marked by a flurry of attention-grabbing developments. From the rise of the meme coin MAGA to Max Keiser’s ominous market crash prediction and the burn charge spike of Shiba Inu, there was no lack of pleasure. Moreover, Dogecoin discovered a brand new ally in luxurious automotive maker Ferrari, whereas Edward Snowden as soon as once more threw his weight behind Bitcoin.
Trump-Impressed MAGA Coin Outshines Dogecoin, Shiba Inu
A brand new meme coin, MAGA TRUMP/USD, noticed a exceptional 20% surge over the past 24 hours, overshadowing established gamers equivalent to Dogecoin DOGE/USD and the so-called ‘Dogecoin Killer’, Shiba Inu SHIB/USD. Each DOGE and SHIB solely managed a 2% improve on Friday, whereas MAGA is at present buying and selling at $3.63. The MAGA coin was launched in August, aiming to “Make Crypto Nice Once more.” Learn the complete article right here.
Max Keiser Foresees A Market Crash and Bitcoin Growth
Bitcoin advocate Max Keiser has warned of an impending market disaster akin to the 1987 crash. In a tweet, Keiser predicted that Bitcoin, deemed the final word secure haven, will surpass the $500,000 mark. He additionally prompt that Bitcoin exchange-traded funds (ETFs) and home Bitcoin mining operations might face seizures by the US authorities. Learn the complete article right here.
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Shiba Inu Burn Fee Soars
The Shiba Inu ecosystem noticed a dramatic 2,730% improve within the token’s burn charge over the previous 24 hours, with a single transaction burning 85 million tokens. The motion of three trillion Shiba Inu tokens to entities together with Coinbase, Gate.io, Robinhood, and a few personal wallets was additionally famous. Learn the complete article right here.
Dogecoin Worth Bolstered by Ferrari Acceptance
Dogecoin skilled a 4% worth improve, reaching $0.090, following studies that luxurious sports activities automotive producer Ferrari would possibly begin accepting the cryptocurrency as cost. The social buzz round Dogecoin surged, with its social dominance rating rising by 125% inside every week. Learn the complete article right here.
Edward Snowden Backs Bitcoin
Edward Snowden, the well-known former Nationwide Safety Company contractor, reiterated his help for Bitcoin BTC/USD, hailing it as probably the most vital financial development for the reason that creation of coinage. Snowden has beforehand expressed substantial curiosity in Bitcoin and sometimes shares his ideas on the topic. Learn the complete article right here.
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