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core-cifdaq · 2 months ago
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 Dogecoin (DOGE) Price Prediction 2024, 2025, 2026 And 2030
Dogecoin (DOGE) Price Prediction 2024, 2025, 2026 And 2030
Dogecoin is an open-source peer-to-peer virtual currency favored by Shiba Inus globally. At least in part, it was created as a lighthearted joke for crypto enthusiasts and took its name from a once-popular meme.
DOGE is a meme coin cryptocurrency that utilizes blockchain technology, a highly secure decentralized system of storing information as a public ledger that is maintained by nodes (a network of computers). According to CoinMarketCap, Dogecoin is now among the top seven cryptocurrencies by market capitalization.
Dogecoin and other meme coins have outperformed Bitcoin over the past weeks, driven by an altcoin rally amid reduced regulatory uncertainty following the counting of the U.S. presidential election and Donald Trump’s victory. DOGE nearly surged over 167% in the last month. According to market capitalization, Dogecoin moved from the 10th to the 7th cryptocurrency on the CoinMarketCap ranking. DOGE Historical Price As of Nov. 19, 2024, Doge is trading at $0.3825 with a market capitalization of $56.39 billion, up by 168.36% in the last month. DOGE Price Prediction 2024 The dog-themed meme coin has surged approximately 167% in the last month, mainly after Donald Trump’s election.
DOGE experienced a bullish trend in the last quarter of 2024; Dogecoin is likely to skyrocket with the current rally, which is known for igniting massive jumps in altcoins due to the U.S. presidential election 2024
According to Coinpedia, the meme coin could witness a boost from the broader market recovery fueled by a potential rate cut in September. Hence, by the end of 2024, DOGE will likely hit the $0.3751 mark, a 270% price hike from current prices.
According to CoinDCX, the DOGE price is expected to be heavily volatile in the last few weeks of the year, attracting massive liquidity onto the platform. Market sentiments may change significantly, with market participants optimistic about the next price action. By the end of the month, the price may trade approximately $0.31 to $0.33, setting up a path toward DOGE’s new ATH in 2025. DOGE Price Prediction 2025,2026..2030 Ryan Lee, chief analyst at Bitget Research, said that, according to historical records, DOGE rallied before Bitcoin prices moved towards its new ATH. Even more recently, Dogecoin outperformed Bitcoin after Donald Trump’s win and the influential backing of Elon Musk, a strong advocate for Dogecoin. This combination of political momentum and celebrity endorsement increases support for DOGE prices in the long run.
As we approach 2025, investor optimism is rising regarding Dogecoin’s growth potential due to its increasing acceptance worldwide and the anticipation of breaking the $1 mark. With its strong community backing, Dogecoin can go beyond its ATH of $0.7, but it will have to accumulate over a hundred billion dollars for that to happen.
According to Changelly, after analyzing Dogecoin prices in previous years, it is assumed that in 2025, the DOGE minimum price will be around $0.101, and the maximum may be around $0.173. On average, the trading price of DOGE might be $0.248 in 2025.
According to Changelly, based on cryptocurrency experts’ technical analysis of Dogecoin prices, 2026 DOGE is expected to be between $0.2777 and $0.3337. The average trading cost is expected to be $0.2856.
According to Binance, as of Nov. 19, 2024, the price prediction input for Dogecoin gathered from 269 users, the value of DOGE may increase by 5% and reach $ 0.489843 by 2030. According to the consensus rating, the current sentiment is that 128% of users are very bullish.
Anish Jain, founder of WadzChain, said that as Dogecoin continues to experience notable gains, even outperforming Bitcoin in specific metrics, it highlights the evolution of public sentiment and adoption trends within the cryptocurrency ecosystem. Dogecoin’s 2025 forecast reflects the meme currency’s resilience and the power of community-driven projects in shaping market movements.
However, as with all cryptocurrencies, significant volatility remains a consideration. A diversified approach—focusing on leading coins like Bitcoin and emergent tokens with solid community backing like Dogecoin—will help advance financial inclusion and digital asset awareness worldwide.
What is the Future of Dogecoin? Unlike most cryptocurrencies, Dogecoin’s supply is unlimited, as it mines blocks indefinitely. This unlimited inflation could dampen price appreciation over the long haul compared to coins with capped circulating supplies.
Dogecoin’s future depends on its potential utility. Meme popularity may only sustain DOGE for a while. However, progress in speed, lower transaction fees, and business collaboration could see it thrive as a mainstream digital currency. Its passionate and large community will likely keep evolving positively.
While long-term predictability is tough, Dogecoin shows signs of being more than a temporary phenomenon. Provided that upgrades and adoption progress address technical challenges, DOGE stands a reasonable chance of enduring as a cryptocurrency widely used with upside price potential in the coming years.
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core-cifdaq · 2 months ago
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Is Bitcoin Safe?
Is Bitcoin Safe?
The cryptocurrency market experienced remarkable highs in 2024, with a market capitalization exceeding $1.44 trillion and at $73,750. Bitcoin repeatedly surpassed its previous highs in March.
However, following this all-time high, Bitcoin is currently undergoing a correction, and as of August 7, 2024, it is trading at $57,504. The cryptocurrency market volatility, coupled with a tumultuous period in 2022, has led investors to question and exercise caution regarding the safety and security of this bold new asset class.
The median loss to Federal Trade Commission (FTC) impersonators has risen from $3,000 in 2019 to $7,000 in 2024. Falling prices combined with the increasing risk of criminal attacks are enough to make anyone think twice about the security of their Bitcoin. Is Bitcoin a Safe Investment? Understanding whether Bitcoin is a safe investment depends on how you define security.
There’s no question that Bitcoin prices can be highly volatile. In March 2024, the price of BTC hit its all-time high at $73,750.07; as of August 7, 2024, it is trading at $57,400.
In 2022 alone, the price of BTC dropped from almost INR 39,56,137 to around INR 16,07,165 in 2023.
Losses like that would send investors running for the hills for any other asset class. If you define security as an investment with a relatively stable price, Bitcoin may not be a safe bet for your investment portfolio.
That said, Bitcoin’s mercurial nature may be changing.
“Bitcoin is becoming more integrated with traditional financial markets and is seeing significant participation from retail and increasingly from institutional investors,” says Ryan Burke, general manager at Invest at M1. “Historically, BTC has been more volatile, but it has become a de facto mainstream alternative asset more recently correlated to large-cap tech.”
If you think of Bitcoin as digital gold, similar to a commodity rather than an investment security, you can add another dimension to the security question.
“Bitcoin technology is relatively safe, but it isn’t anonymous and relies on passwords,” says Daniel Rodriguez, chief operating officer at Hill Wealth Strategies.
While Bitcoin disguises your personal information, the address of your crypto wallet is publicly available.
“Hackers could use web trackers and cookies to find more information about the transactions that could lead to your private information and data,” Rodriguez says. If anonymity is part of your definition of security, Bitcoin might not be entirely secure.
Similarly, your cryptocurrency is only as secure as the crypto wallet you keep it in. If you lose your wallet password or someone else gets ahold of it, you lose your Bitcoin.
You will often see the disclaimers “not SIPC protected” or “not FDIC insured” attached to Bitcoin purchases. This means that should the firm holding your crypto investments fail, neither of these backstops will bail you out.
According to Gil Luria, a technology strategist at D.A. Davidson Co., none of these concerns relate to the security of the Bitcoin network itself. “It has survived unscathed for the 13 years of its existence and has yet to be hacked.”
Let us see what experts have to say about Bitcoin being a safe investment:
Sathvik Vishwanath, co-founder and chief executive officer of Unocoin, says that Bitcoin’s safety as an investment is under scrutiny, especially after its recent drop of nearly 15%, bringing its price below $50,000. This decline highlights Bitcoin’s inherent volatility, a defining characteristic that can lead to significant short-term price swings.
While Bitcoin’s decentralized nature and blockchain technology provide robust security features, its market behavior is highly susceptible to rapid fluctuations influenced by supply and demand dynamics, regulatory news, and broader economic factors.
He further said that recent market trends show Bitcoin’s potential for a sharp decline, posing a risk to investors. Despite its historic growth and the lure of substantial returns, Bitcoin’s unpredictable volatility and fluctuating regulatory environment mean investors must carefully assess their risk tolerance. Diversification, long-term holding strategies, and ongoing market analysis are essential to managing the risks associated with Bitcoin investments.
Utkarsh Tiwari, Chief Strategy Officer at KoinBX, said, ” Bitcoin, often hailed as digital gold, represents a significant evolution in the financial ecosystem. While its decentralized nature offers unparalleled transparency and security, it’s crucial to approach it with a well-informed strategy. As with any investment, understanding the inherent risks and volatility is essential.
However, it’s essential to recognize that with Bitcoin’s potential rewards come risks—especially its notorious volatility and the need for solid personal security measures. Understanding the technology, staying informed about market trends, and employing best practices for asset protection are crucial steps in ensuring your Bitcoin investments are secure.
At KoinBX, we advocate for responsible investing and staying updated with market trends to navigate the dynamic landscape of virtual digital assets safely.”
Himanshu Maradiya, founder and chairman of CIFDAQ Blockchain Ecosystem India, said that Bitcoin’s evolution since its inception in 2009 has been remarkable. From trading at approximately $500 in May 2016 to $69,790 as of July 29, 2024, Bitcoin has witnessed a phenomenal 12,662% growth. This impressive increase underscores its significant role and expanding acceptance in the global financial landscape.
Current technical indicators suggest a critical resistance zone, including the 61.8% Fibonacci retracement level at $62,066 and the 100-day Exponential Moving Average (EMA) at approximately $63,022.
He added that it’s important to note that Bitcoin’s market dynamics are subject to volatility and regulatory scrutiny, which can impact its price stability. While the recent analysis indicates potential for a short-term relief rally, investors should consider broader market trends and the regulatory environment. The Relative Strength Index (RSI), currently at around 36, highlights the potential for temporary recovery, yet a cautious approach is essential.
Things To Consider Before Buying Bitcoin Given Bitcoin’s high volatility and security risks, it’s important to consider your reasons for buying before you trade any rupees for BTC.
Cryptocurrency is a highly speculative investment, says Luria. “The risk/reward profile of investing in Bitcoin differs from investing in most stocks or bonds. We tend to recommend investors only consider investing capital they are willing to lose,” he says.
Are you buying Bitcoin as an investment to fund your retirement? In that case, it’s probably best to keep your exposure to a minimum because no one can predict where the market will go. Most financial advisors recommend keeping Bitcoin to less than 5% of your overall portfolio.
You should brace yourself for an unreliable narrator if you think Bitcoin is a currency. You could easily log off the computer one day with INR 5,499,133 in BTC and log on with only INR 3,709,027 the next morning.
Then there’s the uncertainty around the crypto regulatory environment.
Cryptocurrencies are presently unregulated in India. While the Reserve Bank of India (RBI) sought to ban them in 2018, the Indian Supreme Court quashed the attempt, leaving cryptocurrencies in regulatory limbo—neither illegal nor, strictly speaking, legal. However, cryptocurrencies are taxed in India.
While Burke is optimistic about long-term developments for Bitcoin, uncertainty is an investor’s worst enemy. Assuming you’re comfortable with the risks and uncertainty, Bitcoin can have a place in your financial life.
What Are the Risks of Bitcoin? Like any investment, Bitcoin is not risk-free. Cryptocurrency has many risks, from market to regulatory and cybersecurity risks.
On July 18, 2024, WazirX, a crypto exchange platform in India, experienced a cyber attack on one of its multisig wallets, resulting in the theft of digital assets exceeding $230 million. This is the latest scam that shocked Indian investors.
“Market risk is one of the biggest risks associated with Bitcoin,” Rodriguez says. Look at any price history chart and see what kind of a wild ride Bitcoin investors are in for.
“Historically, Bitcoin also reacts inversely to interest rates,” he says. “So, when the Fed raises rates, Bitcoin typically takes a dip because investors start leaning toward more safe and stable investments.”
Regulatory uncertainty also poses a risk.
“In 2021, China, the world’s second-biggest economy, effectively made it illegal for citizens to mine or hold any cryptocurrency,” Rodriguez says.
If other countries follow suit, Bitcoin holders could be in hot water.
Cybersecurity is another chief concern for all holders of digital assets. Remember that your transactions are only as anonymous and secure as your wallet information and passwords.
The Department of Justice proved blockchain transactions are not immune to tracing when it followed the trail left by a couple attempting to launder INR 370 billion in cryptocurrency stolen in the 2016 Bitfinex hack.
There’s also the rising threat of cryptocurrency crime. In 2023, people reported losses of $10 billion to scams, surpassing the previous year by $1 billion and marking the highest-ever losses reported to the FTC.
How To Keep Your Bitcoin Safe Your Bitcoin’s safety depends largely on how you store it. Your choice of crypto wallet and its encryption level play a big part in keeping your coins safe.
“Security and convenience do not always go hand-in-hand,” Burke says.
He says that offline “cold” wallets that are not connected to the internet are secure from hacking but less convenient than hot wallets. Cold wallets are also subject to theft or loss. “Lose a device or drive or misplace your private key, you have a problem,” says Burke.
Hot wallets are more convenient because you can access your cryptocurrency anywhere you have an internet connection or cell service, but they are more vulnerable to hacking.
Burke says a prudent strategy is to use a combination of hot and cold storage, with most assets held in cold storage.
Burke adds whatever storage method you choose, so make sure you know if your crypto is being loaned, staked, or pledged as collateral.
Experts say it’s important to read the terms and conditions before signing up for a wallet or service, lest your cryptocurrency become another victim of the crypto liquidity crisis.
As with any investment, research whether Bitcoin is right for your portfolio. If you buy BTC as part of your investment strategy, prepare for highs and lows.
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core-cifdaq · 2 months ago
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CIFDAQ (CIFD) Price Prediction 2025, 2026, 2027, 2028, 2029
CIFDAQ (CIFD) Price Prediction 2025, 2026, 2027, 2028, 2029
Are you curious about the future of CIFDAQ? Our technical analysis brings you the latest CIFDAQ price prediction for 2025 and beyond. We explore market trends and analyze sentiment to help you make informed decisions about your cryptocurrency investments.
CIFDAQ (CIFD) Technical Analysis CIFD traders use a wide range of trading signals and technical indicators to predict a price's trajectory. While not all methods are necessary to accurately forecast the direction of the market, some key indicators do hold more weight. Identifying CIFDAQ support and resistance levels gives traders an insight into the market's supply and demand while helping to determine reversals in trends. In addition, chart patterns are also widely used by traders to form trend lines which help in predicting the next candlestick move. Various indicators such as the RSI, Moving Averages and the MACD can be used to determine the direction of the long-term trend and attempt to predict the future price movement. The price action on the bearish side. The price fell below the $0.00 horizontal resistance area after previously moving below it. Such deviations are considered bearish signs. Despite this dive, the CIFD price remains N/A% negative since the beginning of the year. RSI The RSI offers additional insight into the market’s momentum by measuring the size of CIFDAQ price moves to determine whether it's overvalued or undervalued. Market traders use the RSI as a momentum indicator to identify overbought or oversold conditions and to decide whether to accumulate or sell an asset. Readings above 50 and an upward trend indicate that bulls still have an advantage, whereas readings below 50 suggest the opposite.
According to the RSI, In the 1 Week time frame, CIFDAQ is currently trending bearish with the actual RSI reading at 0.00. The 50 line could provide resistance if the indicator returns to it. Moving averages Moving averages are an important analytical tool that provides traders with a bigger picture of what is happening in the charts by calculating the CIFDAQ average closing price over a set period of time. The relationship between short- and long-term moving averages is crucial in determining the trend’s direction. When the short-term MA moves above the long-term one, it is a sign that the trend is gradually turning bullish.
In the 1 Week timeframe, CIFDAQ is in a neutral trend since the 50-x MA has crossed below the 200-x MA, and the price is trading above both.
Alternatively, the trend is neutral if the 50-day MA has crossed above the 200-day one, but the price is trading below them (and vice-versa). MACD Finally, the MACD uses a Simple Moving Average (SMA) and an Exponential Moving Average (EMA) to more accurately predict the trend. In similar fashion to simple MAs, the relationship between these two is helpful in determining the trend’s direction.
For all these indicators, the weekly time frame is used to determine the long-term trend, the daily time frame is used for the intermediate trend, while the six-hour one is used for the short-term trend.
According to the MACD, in the 1 Week timeframe, CIFDAQ is currently trending bearish since the MACD signal line moved below 50 periods ago, and the histogram has been negative for 50 periods. Current CIFDAQ Price CIFDAQ currently sits at a price of $0.00 (CIFD/USD) with a live market capitalization of $0.00. The 24-hour trading volume is $0.00 which is a % negative. With a circulating supply of 0.00, CIFDAQ's price movement is currently negative. CIFDAQ Fundamental Analysis Fundamental analysis aims to assess the inherent value of an asset, while technical analysis involves examining statistical patterns in the price and volume of that asset. Both techniques are employed to analyze and predict potential developments in the future price of that asset. In the case of CIFD, the most straightforward way to perform fundamental analysis is to look at supply and demand dynamics. Additionally, it is possible to look at the market capitalization amount ($0.00) and the circulating supply of (0.00) - Circulating Supply to arrive at reasonable price assumptions for the future. On the demand side, it is possible to look at on-chain data relating to the number of active and new addresses and transaction count. What drives the price of CIFDAQ? There are a number of variables in the cryptocurrency market that can drive the price of CIFDAQ upwards or downwards. The major force behind CIFDAQ’s asset value is the market’s supply and demand. Whether the demand for more CIFD increases or decreases depends greatly on growing adoption. Furthermore, significant events such as protocol updates or hard forks may also play a significant role in CIFDAQ’s price. Another prime factor to consider is whale activity. Large holders of CIFDAQ can greatly impact the price as one large sell order can drop the price significantly. In addition, never underestimate the power of large institutional adoption and political regulations on CIFDAQ’s value. Summary It’s important to note that price predictions may appear contradictory. There is no clear-cut method for determining the future value of any cryptocurrency. This is because many factors are involved in price prediction. It’s not uncommon for one announcement to greatly change the trajectory of a coin’s price at any given time. The entire market as a whole can affect one coin’s movement as well as any updates on the project’s technology. This is why you should always do your own research before investing in any cryptocurrency.
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core-cifdaq · 2 months ago
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Shib , an Inu whale, accumulates over 397.8 SHIB in the face of market volatility
Shib , an Inu whale, accumulates over 397.8 SHIB in the face of market volatility
In this article: Shib a Inu (SHIB) remains in the spotlight despite the overall downward trend. Current data shows that a single wallet has accumulated over 397 billion SHIB tokens. Coinbase's hot wallet sees an inflow of 725.79 billion SHIB worth over $10 million. Despite fluctuating market conditions, a single wallet recently accumulated 397.845 billion SHIB tokens. The value of the wallet holdings is $5.21 million, demonstrating continued interest in Shib a Inu despite market uncertainties. On-chain records show that the wallet was experiencing a significant increase in SHIB tokens due to fluctuating prices . Despite this, the owner has continuously acquired SHIB tokens without making any transactions.
Whales increase their SHIB holdings despite losses The ups and downs in this wallet's earnings highlight the unpredictability of Shib a Inu. Initially, things remained relatively stable, with only minor shifts in cumulative gains and losses, until a dip on August 12 caused a decline, which was somewhat offset by a rebound the next day. On August 15 and 16, further fluctuations occurred, with the wallet experiencing further losses in value; however, these declines were not as severe as those on August 12.
Notably, Shib a-Inu whales and sharks have recently increased their holdings, accumulating 4.35 trillion SHIB between March and mid-May. On May 2, an anonymous wallet withdrew 1.75 trillion SHIB tokens from Robinhood, continuing its accumulation streak amid a price crash.
As of August 12, 1.36 million addresses held Shib a-Inu tokens, with the price at approximately $0.000014. Interest from small retail investors has increased significantly, with the number of addresses holding 0 to 1 million SHIB increasing by approximately 1.58% over the past month.
Recent on-chain data shows a sharp decline in the volume of large transactions, suggesting that whales, typically market movers, are withdrawing their SHIB. The seven-day high of 46 transactions on August 9 was surpassed by just 39 large transactions the day before.
Shib a Inu sees heavy bleeding and loses 18.75% in two weeks On August 1, 2024, the price of Shib a Inu was $0.000016, reflecting a correction phase under severe pressure. Buyers struggled to regain control, and SHIB failed to sustain its breakout rally. After starting the year below $0.000010, the price has fallen 18.75% over the past two weeks.
If the SHIB price rises above $0.00003682 and continues to do so, it could reach the target of $0.00006697 in 2024. However, if the price reverses, it could undoubtedly fall to $0.000010. Overall, the outlook for Shib a Inu is positive, although there is a risk of downside.
Himanshu Maradiya, founder and chairman of the CIFDAQ Blockchain Ecosystem, explained that predicting the future price of Shib a Inu (SHIB) is challenging due to its highly speculative nature and the volatility inherent in the cryptocurrency market.
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core-cifdaq · 2 months ago
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 Meme Coin Mania: Exploring the Risks and Potential of Community-Driven Crypto
Meme Coin Mania: Exploring the Risks and Potential of Community-Driven Crypto
It started as a joke. A picture of a Shiba Inu dog, eyes wide with a mischievous glee, plastered across the internet with the word “Doge” slapped underneath. Little did anyone know that this digital canine would become the unlikely mascot of a financial revolution.
We’re in the age of meme coins, where internet humor collides with the very serious business of making (and losing) money. Fueled by online communities, amplified by social media frenzy, and propelled by the eternal human desire for making a quick buck, meme coins have exploded from niche curiosity to mainstream phenomenon.
But behind the laughs and the lambos (or lack thereof), serious questions linger: Are meme coins a legitimate investment opportunity, a harbinger of a decentralized financial future, or a speculative bubble destined to pop?
To navigate this chaotic, exhilarating landscape, we sat down with Anndy Lian, intergovernmental blockchain expert and author who’s witnessed the evolution of crypto from the front row. And Himanshu Maradiya, chairman and founder of the CIFDAQ blockchain ecosystem.
Economic Drivers Behind the Meteoric Rise
The fundamental economic drivers behind the meteoric rise of meme coins and their distinctions from traditional asset classes are subject to analysis. Lian attributes this rise of meme coins “to the power of community-driven momentum.” He says: “Meme coins are often created and propelled by online communities, with no institutional backing or venture capital support.”
Maradiya thinks meme coins have surged in popularity due to a “confluence of factors.” Social media platforms have amplified their visibility, with influencers playing a pivotal role in driving market sentiment.
The allure of quick profits has attracted a broad investor base to meme coins, fueling speculation and price volatility. Moreover, the low barrier to entry and a strong sense of community surrounding many meme coins have contributed to their rapid growth, according to experts.
The Social Media Amplifier: Hype, Influencers, and Herd Mentality
Given the emphasis placed on social media, influencers, and community sentiment in propelling meme coin popularity, it is imperative to examine their precise influence on asset valuations and the implications for investors.
Maradiya cited Dogecoin as an example, noting that its “rise was significantly influenced by its meme culture and community-driven hype, fueled by frequent mentions and endorsements on social media.” The CEO underlined the role of “influential figures, like Elon Musk,” making “high-profile endorsements, which can cause substantial price surges.”
Moreover, he highlighted that “influencers, with their extensive follower bases, contribute to this phenomenon by either supporting or disparaging meme coins, directly impacting their market performance,” and the impact of “a highly engaged community [that] can create a self-sustaining cycle of enthusiasm, driving demand and increasing the meme coin’s value.”
Lian offered a first-hand account of the volatile nature of meme coin markets. His experience with the rapid surge of the Moni meme coin because he shared a post about it on X and the “strong following among South Korean communities” of the project underscored the immense influence of online platforms and communities on these digital assets.
Lian’s observations highlighted the unpredictable nature of meme coin prices, emphasizing the role of social media sentiment and influencer endorsements in driving market fluctuations.
Given the significant influence of social media and influencers on the meme coin market, a robust regulatory framework is essential to protect investors.
For Lian, meme coins “aren’t some exotic asset class that requires a whole new set of rules,” but rather “an integral part of the broader crypto market, and our existing regulatory frameworks should be applied consistently across the board.” He suggested that instead of “putting meme coins in a silo, regulators should focus on schooling investors on the unique quirks and risks that come with these community-driven cryptocurrencies.”
Maradiya advocated “evolving regulatory frameworks and investor protection measures to address the challenges posed by meme coins involves enhancing transparency, regulating marketing practices, improving investor education, strengthening anti-manipulation measures, adopting adaptive approaches, and fostering global coordination. These steps are essential for safeguarding investors and maintaining market integrity in the face of the unique dynamics of the meme coin market.”
Investing in Meme Coins: Proceed With Caution
Investing in meme coins presents a unique set of challenges and opportunities for investors. On one hand, the potential for significant returns, driven by factors such as viral trends and community enthusiasm, can be alluring. On the other, the high volatility and speculative nature of these assets necessitate a cautious approach.
“A genuine community is a sign of a healthy, sustainable project,” Lian explained. “It means that people are invested in the project’s success, not just financially, but emotionally and intellectually as well.” Conversely, projects with fake or manufactured communities are often driven by speculation and FOMO, increasing the risk for investors, the blockchain expert added. To differentiate between promising meme coin projects and those with high speculative risk, Maradiya suggested a structured evaluation process. Investors should assess a project’s purpose and utility, seeking out those with real-world applications beyond mere novelty.
A strong, experienced development team is crucial, as is a thorough understanding of the token’s economics. Monitoring market sentiment, social media trends, and influencer activity can provide valuable insights. Adherence to regulations and transparency are essential for mitigating risks. Learning from both successful and failed projects can offer valuable lessons.
Ultimately, thorough research and risk assessment are indispensable for making informed investment decisions. By combining these factors with Lian’s emphasis on community, investors can significantly enhance their ability to identify promising meme coin projects.
The Blockchain Advantage: Building a More Transparent and Secure Future?
As meme coins continue to captivate the public’s imagination, concerns about transparency and investor protection grow alongside their popularity. Blockchain technology, the bedrock of cryptocurrencies, offers a potential solution to these challenges. By exploring the ways blockchain can enhance the security and openness of meme coin platforms, we can better understand how to mitigate risks for investors while fostering innovation in this burgeoning market.
Lian and Maradiya both emphasized the transformative potential of blockchain technology in enhancing the transparency and security of meme coin platforms.
Lian highlighted the role of blockchain’s decentralized and immutable ledger in preventing fraudulent activities, stating: “Blockchain tech can be a game-changer for meme coin platforms, making them more transparent and secure for investors.”
Maradiya expanded on this by emphasizing how blockchains can address the growing challenges faced by meme coin investors, including legitimacy, security, and regulatory compliance.
Beyond these core benefits, the two experts also identified additional advantages of blockchain integration. Smart contracts can streamline platform operations and DeFi protocols can provide access to secure financial instruments, further mitigating risks for investors.
Final Thoughts
The meme coin craze is a testament to the power of online communities, the allure of quick riches, and the evolving nature of finance in the digital age. While offering potential for innovation, it also presents significant risks for investors.
By fostering greater transparency, implementing appropriate regulations, and prioritizing investor education, the meme coin market can move towards a more sustainable and responsible future – one where community-driven innovation and investor protection can coexist.
www.cifdaq.com
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core-cifdaq · 2 months ago
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 Shiba Inu whale accumulates over 397.8 SHIB amid market volatility
Shiba Inu whale accumulates over 397.8 SHIB amid market volatility
A single wallet recently accumulated 397.845 billion SHIB tokens despite fluctuating market conditions. The value of the wallet’s holdings is $5.21 million, showing sustained interest in Shiba Inu despite the uncertainties in the market.
Shiba Inu whale accumulates over 397.8 SHIB amid market volatility Wallet holdings – Source: Arkham Intelligence On-chain records show that the wallet has actually lost $23,870 because of the fluctuating prices of SHIB. Regardless, the owner has been consistently acquiring SHIB tokens without making any transactions. Whales increase SHIB holdings despite losses The ups and downs in earnings from this wallet highlight Shiba Inu’s unpredictability. At first, things stayed relatively steady, with only minor shifts in cumulative profits and losses, until a hit on August 12 caused a drop that was somewhat balanced out by a bounce back the next day.
Shiba Inu whale accumulates over 397.8 SHIB amid market volatility Cumulative profit and loss- Source: Arkham Intelligence Additional fluctuations occurred on August 15 and 16, with further value decreases experienced by the wallet; however, these declines were not as severe as those seen on August 12.
Notably, Shiba Inu whales and sharks have been increasing their holdings recently by adding over 4.35 trillion SHIB tokens between March and mid-May. On May 2nd, an anonymous wallet withdrew 1.75 trillion SHIB tokens from Robinhood, continuing an accumulation streak amid a price decline. As of August 12th, 1.36 million addresses were holding Shiba Inu tokens, with prices hovering around $0.000014. The interest from small retail investors has seen significant growth as the number of addresses holding between 0 to 1 million SHIB increased by about 1.58% over the past month.
Recent on-chain data shows a sharp drop in the volume of large transactions, suggesting that whales, usually market movers, are lowering their exposure to SHIB. A seven-day high of 46 transactions on Aug. 9 was surpassed by just 39 large transactions over the previous day.
Shiba Inu sees major bleeds, loses 18.75% in two weeks As of August 1, 2024, Shiba Inu’s price was $0.000016, reflecting a heavily pressured correction phase. Buyers are struggling to regain control, with SHIB failing to sustain its breakout rally. After starting the year below $0.000010, the price has dropped 18.75% over the last two weeks.
If the SHIB price rises above $0.00003682 and continues to do so, it could reach the target of $0.00006697 in 2024. Yet, if the price reverses, it undoubtedly could drop to $0.000010. Overall, the outlook for Shiba Inu is positive, although there’s a decline risk attached to it.
Himanshu Maradiya, founder and chairman of CIFDAQ Blockchain Ecosystem, stated that predicting the future price of Shiba Inu (SHIB) is challenging due to its highly speculative nature and the volatility inherent in the cryptocurrency market.
www.cifdaq.com
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core-cifdaq · 2 months ago
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Shiba Inu 2024: Mixed Projections for 2024 and Growth Potential
Shiba Inu 2024: Mixed Projections for 2024 and Growth Potential
Himanshu Maradiya, chairman of the CIFDAQ Blockchain Ecosystem, has expressed optimism regarding the future of Shiba Inu (SHIB), predicting that the cryptocurrency could reach a value of 0.0001 by 2024. This prediction would represent a staggering 696% increase compared to its current price of 0.00001368.
Maradiya highlights that Shiba Inu could offer even greater returns next year. According to his estimates, SHIB enthusiasts could see a peak value of 0.0003, achievable by the end of this year or by 2025 at the latest. This optimism is based on a potential market recovery and the growing interest in this meme cryptocurrency. In recent days, Shiba Inu has shown somewhat modest performance as it undergoes a recovery phase following a recent decline. Despite this, the price of SHIB has risen 2.49% in the last 24 hours. Since its low of 0.00001087 last Monday, SHIB has rallied nearly 30%, driven by a broader recovery in the cryptocurrency market that also affected Bitcoin and Ethereum.
Technical Signals Point to Upside Potential Shiba Inu has begun to approach its moving averages, indicating that bulls are attempting to regain ground. According to TradingView data, if the SHIB/USDT pair manages to break out and close above these moving averages, it could open up the possibility of a rally toward the 0.000020 level. Such a move would signal that the market has rejected the lower levels, signaling a potential bullish reversal.However, if SHIB fails to maintain this momentum and turns sharply downward, this could indicate that sentiment remains negative and that traders are taking advantage of rallies to sell. In this scenario, bears could attempt to push the price back to 0.000010.
Pessimistic Outlook for Shiba Inu Despite these bullish signs, not all analysts share this optimism. Interviewed by Forbes, Utkarsh Tiwari, an executive at the KoinBX exchange, offered a more cautious view of Shiba Inu’s performance for the remainder of 2024. Tiwari suggested that while widespread bullish sentiment could push SHIB to $0.000066 by the end of the year, bearish pressure could push the cryptocurrency back through the five-zero threshold.
For its part, the Telegaon prediction platform agrees with this moderate sentiment. Its analysts believe that the maximum SHIB could reach in 2024 would be 0.0000601. In March of this year, Shiba Inu came close to this value, reaching 0.000045, but its price has since fallen by 32%. On a similar note, Changelly Exchange analysts do not expect Shiba Inu to surpass 0.0000187 this year, pointing to limitations in its short-term growth.
The outlook for Shiba Inu in 2024 is mixed, with some optimistic predictions suggesting significant growth and others predicting more limited performance. The volatility of the cryptocurrency market and the varied opinions of experts underscore the importance of investors carefully evaluating risks and opportunities before making decisions.
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core-cifdaq · 2 months ago
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Shiba Inu whale accumulates over 397.8 SHIB amid market volatility
Shiba Inu whale accumulates over 397.8 SHIB amid market volatility
A single wallet recently accumulated 397.845 billion SHIB tokens despite fluctuating market conditions. The value of the wallet’s holdings is $5.21 million, showing sustained interest in Shiba Inu despite the uncertainties in the market.
On-chain records show that the wallet has actually lost $23,870 because of the fluctuating prices of SHIB. Regardless, the owner has been consistently acquiring SHIB tokens without making any transactions.
Whales increase SHIB holdings despite losses The ups and downs in earnings from this wallet highlight Shiba Inu’s unpredictability. At first, things stayed relatively steady, with only minor shifts in cumulative profits and losses, until a hit on August 12 caused a drop that was somewhat balanced out by a bounce back the next day.
Notably, Shiba Inu whales and sharks have been increasing their holdings recently by adding over 4.35 trillion SHIB tokens between March and mid-May. On May 2nd, an anonymous wallet withdrew 1.75 trillion SHIB tokens from Robinhood, continuing an accumulation streak amid a price decline.
As of August 12th, 1.36 million addresses were holding Shiba Inu tokens, with prices hovering around $0.000014. The interest from small retail investors has seen significant growth as the number of addresses holding between 0 to 1 million SHIB increased by about 1.58% over the past month.
Recent on-chain data shows a sharp drop in the volume of large transactions, suggesting that whales, usually market movers, are lowering their exposure to SHIB. A seven-day high of 46 transactions on Aug. 9 was surpassed by just 39 large transactions over the previous day.
Shiba Inu sees major bleeds, loses 18.75% in two weeks As of August 1, 2024, Shiba Inu’s price was $0.000016, reflecting a heavily pressured correction phase. Buyers are struggling to regain control, with SHIB failing to sustain its breakout rally. After starting the year below $0.000010, the price has dropped 18.75% over the last two weeks.
If the SHIB price rises above $0.00003682 and continues to do so, it could reach the target of $0.00006697 in 2024. Yet, if the price reverses, it undoubtedly could drop to $0.000010. Overall, the outlook for Shiba Inu is positive, although there’s a decline risk attached to it.
Himanshu Maradiya, founder and chairman of CIFDAQ Blockchain Ecosystem, stated that predicting the future price of Shiba Inu (SHIB) is challenging due to its highly speculative nature and the volatility inherent in the cryptocurrency market.
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core-cifdaq · 2 months ago
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Massive $2.4M BlockDAG Buy Just Before Batch 21 Sells Out
Massive $2.4M BlockDAG Buy Just Before Batch 21 Sells Out; SHIB’s Uncertain Future & Stellar’s Dip
As the market bounces back from its recent crash, everyone’s on the hunt for the top crypto to buy this year. This article dives into the performances of Shiba Inu, Stellar, and BlockDAG to help holders find the best choice.
Shiba Inu is hovering around $0.00001409, with a modest 2% gain in the last 24 hours. However, it has bounced back nearly 30% from its recent low, leaving analysts divided on where its price prediction might head next.
Stellar’s story is a bit gloomier—XLM has dropped 30% in 2024, showing only minor growth in its payments model.
On the brighter side, BlockDAG is generating serious optimism. After skyrocketing by 1600%, this Layer 1 project is attracting whale purchases of up to $2.4 million in its current 21st batch. Why? Because BDAG is expected to soar by 5800%, from its current price of $0.017 per coin to $1 soon.
SHIB Price Prediction Shows Mixed Signals Shiba Inu has had its ups and downs, but it’s currently sitting at $0.00001409, showing a modest 2% gain in the last 24 hours. After hitting a low of $0.00001087, the meme coin has bounced back by nearly 30%.
Analysts are split on where SHIB might go next. Some, like Himanshu Maradiya of CIFDAQ, are optimistic, predicting it could reach $0.0001 this year. Others, like Utkarsh Tiwari of KoinBX, are more cautious, suggesting a less dramatic rise.
Stellar (XLM) Is Still Down 30%: Holders Remain Anxious Stellar has managed to weather the recent crypto storm better than many, with only a 7% drop this week. However, it’s still down 30% for 2024, continuing its underperformance since the 2021 crash.
While Stellar’s payments model has seen some minor growth, it hasn’t quite bounced back. The focus in the crypto world has shifted toward new use cases like GambleFi, leaving Stellar’s goal of replacing fiat currencies for daily transactions feeling a bit outdated. Despite its resilience, Stellar’s growth remains sluggish as the market moves in new directions.
BlockDAG’s Batch 21 Almost Sold Out: Massive Whale Purchases Ongoing! BlockDAG presale’s has become the newest obsession in the market, and it’s not just small-time holders getting in on the action—whales are making some serious moves.
BlockDAG, a cutting-edge Layer 1 project that’s challenging the likes of Bitcoin and Ethereum, recently smashed through the $66 million mark in its presale. What’s more impressive is that this happened in just 21 batches, with the price of BDAG surging from $0.001 to $0.017—a whopping 1600% increase.
Industry insiders are now predicting that BDAG could hit $1 per coin, which would mean a staggering 5800% return for those who buy in before Batch 21 sells out.
But here’s where it gets even more interesting: big players, known as whales, are pouring massive amounts into BDAG, with individual investments reaching up to $2.4 million.
This level of confidence from large-scale holders signals that BlockDAG isn’t just another crypto—it’s a top choice with huge market potential. With over 100,000 holders already on board, BlockDAG’s future looks incredibly promising.
However, with demand through the roof, Batch 21 is almost sold out. Those looking to secure a spot before the price jumps again need to act fast. As BlockDAG gears up to enter Batch 22, another price surge seems inevitable.
The buzz around BlockDAG is undeniable, and with whales leading the charge, this could very well be the next big thing in crypto. Don’t wait too long—opportunities like this don’t last forever.
Over & Out! So, the numbers have spoken.
SHIB’s price prediction is still up in the air—some predict a big jump, while others caution against a potential dip. Stellar, meanwhile, is having a tough time recovering after a 30% drop this year.
But BlockDAG is a different tale altogether. Demand for BDAG coins is through the roof, and it’s all about getting in on the action before the 21st presale batch sells out. Why the rush? Because BDAG’s price could hit $1 per coin in the coming months, offering batch 21 holders a whopping 5800% return.
With whales snapping up coins worth over $2.4 million, this batch is on the verge of selling out. To lock in those potential returns, quick action is key—before this opportunity slips away
www.cifdaq.com
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core-cifdaq · 2 months ago
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Massive $2.4M BlockDAG Buy Just Before Batch 21 Sells Out
Massive $2.4M BlockDAG Buy Just Before Batch 21 Sells Out; SHIB’s Uncertain Future & Stellar’s Dip
As the market bounces back from its recent crash, everyone’s on the hunt for the top crypto to buy this year. This article dives into the performances of Shiba Inu, Stellar, and BlockDAG to help holders find the best choice.
Shiba Inu is hovering around $0.00001409, with a modest 2% gain in the last 24 hours. However, it has bounced back nearly 30% from its recent low, leaving analysts divided on where its price prediction might head next.
Stellar’s story is a bit gloomier—XLM has dropped 30% in 2024, showing only minor growth in its payments model.
On the brighter side, BlockDAG is generating serious optimism. After skyrocketing by 1600%, this Layer 1 project is attracting whale purchases of up to $2.4 million in its current 21st batch. Why? Because BDAG is expected to soar by 5800%, from its current price of $0.017 per coin to $1 soon. SHIB Price Prediction Shows Mixed Signals Shiba Inu has had its ups and downs, but it’s currently sitting at $0.00001409, showing a modest 2% gain in the last 24 hours. After hitting a low of $0.00001087, the meme coin has bounced back by nearly 30%.
Analysts are split on where SHIB might go next. Some, like Himanshu Maradiya of CIFDAQ, are optimistic, predicting it could reach $0.0001 this year. Others, like Utkarsh Tiwari of KoinBX, are more cautious, suggesting a less dramatic rise.
Stellar (XLM) Is Still Down 30%: Holders Remain Anxious Stellar has managed to weather the recent crypto storm better than many, with only a 7% drop this week. However, it’s still down 30% for 2024, continuing its underperformance since the 2021 crash.
While Stellar’s payments model has seen some minor growth, it hasn’t quite bounced back. The focus in the crypto world has shifted toward new use cases like GambleFi, leaving Stellar’s goal of replacing fiat currencies for daily transactions feeling a bit outdated. Despite its resilience, Stellar’s growth remains sluggish as the market moves in new directions.
BlockDAG’s Batch 21 Almost Sold Out: Massive Whale Purchases Ongoing! BlockDAG presale’s has become the newest obsession in the market, and it's not just small-time holders getting in on the action—whales are making some serious moves.
BlockDAG, a cutting-edge Layer 1 project that's challenging the likes of Bitcoin and Ethereum, recently smashed through the $66 million mark in its presale. What’s more impressive is that this happened in just 21 batches, with the price of BDAG surging from $0.001 to $0.017—a whopping 1600% increase. Industry insiders are now predicting that BDAG could hit $1 per coin, which would mean a staggering 5800% return for those who buy in before Batch 21 sells out.
But here’s where it gets even more interesting: big players, known as whales, are pouring massive amounts into BDAG, with individual investments reaching up to $2.4 million.
This level of confidence from large-scale holders signals that BlockDAG isn’t just another crypto—it’s a top choice with huge market potential. With over 100,000 holders already on board, BlockDAG’s future looks incredibly promising.
However, with demand through the roof, Batch 21 is almost sold out. Those looking to secure a spot before the price jumps again need to act fast. As BlockDAG gears up to enter Batch 22, another price surge seems inevitable.
The buzz around BlockDAG is undeniable, and with whales leading the charge, this could very well be the next big thing in crypto. Don’t wait too long—opportunities like this don’t last forever.
Over & Out! So, the numbers have spoken.
SHIB’s price prediction is still up in the air—some predict a big jump, while others caution against a potential dip. Stellar, meanwhile, is having a tough time recovering after a 30% drop this year.
But BlockDAG is a different tale altogether. Demand for BDAG coins is through the roof, and it’s all about getting in on the action before the 21st presale batch sells out. Why the rush? Because BDAG’s price could hit $1 per coin in the coming months, offering batch 21 holders a whopping 5800% return.
With whales snapping up coins worth over $2.4 million, this batch is on the verge of selling out. To lock in those potential returns, quick action is key—before this opportunity slips away
www.cifdaq.com
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core-cifdaq · 2 months ago
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 Meme Coin Mania: Decoding the Hype with CIFDAQ Blockchain Founder
Meme Coin Mania: Decoding the Hype with CIFDAQ Blockchain Founder
Meme coins, a novel asset class birthed from the intersection of internet culture and finance, have captured the global imagination. Rooted in viral memes and social media trends, these digital currencies have defied traditional financial paradigms, exhibiting rapid price fluctuations and immense volatility. While their meteoric rise has attracted a broad investor base, concerns about their underlying value, market manipulation, and long-term sustainability persist.
But are these digital assets, fueled by internet humor and celebrity endorsements, more than just a passing fad? We sat down with Himanshu Maradiya, Chairman and Founder of CIFDAQ Blockchain Ecosystem Ind. Ltd. and a leading expert in cryptocurrency economics, to unravel the meme coin phenomenon and explore its implications for the future of finance.
Meme coins, a novel asset class birthed from the intersection of internet culture and finance, have captured the global imagination. Rooted in viral memes and social media trends, these digital currencies have defied traditional financial paradigms, exhibiting rapid price fluctuations and immense volatility. While their meteoric rise has attracted a broad investor base, concerns about their underlying value, market manipulation, and long-term sustainability persist.
But are these digital assets, fueled by internet humor and celebrity endorsements, more than just a passing fad? We sat down with Himanshu Maradiya, Chairman and Founder of CIFDAQ Blockchain Ecosystem Ind. Ltd. and a leading expert in cryptocurrency economics, to unravel the meme coin phenomenon and explore its implications for the future of finance.
Beyond the Hype: The Potential for Lasting Impact
While skepticism about meme coins persists, Maradiya saw potential beyond the speculative frenzy. “To assess the potential long-term implications of meme coins for the broader cryptocurrency ecosystem and financial markets, it’s crucial to look beyond the current hype and understand their evolving role,” he said.
Maradiya highlighted the potential for meme coins to diversify cryptocurrency use cases, influence market dynamics, and drive regulatory and institutional responses. He also acknowledged the risks posed by their volatility and speculative nature.
The Future of Finance: Embracing Innovation, Managing Risk
The meme coin phenomenon underscored the evolving nature of finance in the digital age. It’s a powerful reminder that traditional notions of value and investment are being challenged.
Maradiya noted, “As the cryptocurrency space continues to mature, the lessons learned from the rise of meme coins could shape future trends and practices within the industry.” The challenge, he believes, lies in harnessing the innovative potential of meme coins while mitigating the risks they pose to investors and the broader financial system.
About the Expert
Himanshu Maradiya is a seasoned entrepreneur and blockchain visionary with over 25 years of experience across real estate, finance, and investment. His strategic acumen and leadership have been instrumental in the growth of multiple enterprises. A multifaceted individual with a passion for technology, music, and philanthropy, Maradiya brings a unique perspective to the business world.
With a deep understanding of macroeconomic trends and a knack for identifying market opportunities, Maradiya has successfully ventured into various industries. His entrepreneurial spirit led him to establish CIFDAQ, a pioneering blockchain platform that aims to revolutionize the trading industry by providing a unified platform for diverse asset classes.
Maradiya’s vision for CIFDAQ is to create a seamless, secure, and accessible investment experience for all. By leveraging blockchain technology, he seeks to democratize finance and empower individuals to participate in the global market.
Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
www.cifdaq.com
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core-cifdaq · 2 months ago
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 Could Bitcoin hit $1 million next year? Analyst says it's possible
Could Bitcoin hit $1 million next year? Analyst says it's possible
The $1 million goal Himanshu Maradiya, founder and president of CIFDAQ Blockchain Ecosystem, has made a very bold prediction, as he believes that the price of Bitcoin could reach $1 million by 2025.
While this prediction may seem overly optimistic, Maradiya says several factors could contribute to this.
One of the key drivers he highlighted is the growing acceptance of Bitcoin and the approval of Bitcoin ETFs in various countries.
These are positive factors, but there are also negative ones, such as concerns about the devaluation of fiat currencies, which also play a role in potential growth.
Maradiya also mentioned the fourth halving in April this year, which reduced the rate at which new Bitcoins are created.
Historically, such halvings have always led to significant price increases due to reduced supply.
“The $1 million Bitcoin prediction may seem overly optimistic, but growing institutional interest and support for cryptocurrencies from nations makes this scenario plausible.” Maradiya is not alone in her opinion. Former BitMEX CEO Arthur Hayes shares this view, stating that Bitcoin could reach $1 million within the current market cycle.
In an interview with DL News, Hayes attributed this growth to global financial changes and rising debt levels.
“The price of Bitcoin is going to go very, very high in this cycle. Hundreds of thousands of dollars, maybe even $1 million, and we are entering a period of significant change in the global financial system.”
The $1 million goal Himanshu Maradiya, founder and president of CIFDAQ Blockchain Ecosystem, has made a very bold prediction, as he believes that the price of Bitcoin could reach $1 million by 2025.
While this prediction may seem overly optimistic, Maradiya says several factors could contribute to this.
One of the key drivers he highlighted is the growing acceptance of Bitcoin and the approval of Bitcoin ETFs in various countries.
These are positive factors, but there are also negative ones, such as concerns about the devaluation of fiat currencies, which also play a role in potential growth.
Maradiya also mentioned the fourth halving in April this year, which reduced the rate at which new Bitcoins are created.
Historically, such halvings have always led to significant price increases due to reduced supply.
“The $1 million Bitcoin prediction may seem overly optimistic, but growing institutional interest and support for cryptocurrencies from nations makes this scenario plausible.” Maradiya is not alone in her opinion. Former BitMEX CEO Arthur Hayes shares this view, stating that Bitcoin could reach $1 million within the current market cycle.
In an interview with DL News, Hayes attributed this growth to global financial changes and rising debt levels.
“The price of Bitcoin is going to go very, very high in this cycle. Hundreds of thousands of dollars, maybe even $1 million, and we are entering a period of significant change in the global financial system.”
However, Brandt also warned that there is a 50% chance that Bitcoin will fall below $40,000 before the effects of the latest halving take full effect and the rally begins.
www.cifdaq.com
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core-cifdaq · 2 months ago
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SHIB could surge 696% in 2024, experts say: Opportunity or risk?
SHIB could surge 696% in 2024, experts say: Opportunity or risk?
The president of the CIFDAQ blockchain ecosystem, Himanshu Maradiya , has predicted a promising future for the Shiba Inu cryptocurrency (CRYPTO: SHIB ).
What happened According to BitFinance , Maradiya expects SHIB to reach a value of $0.0001 by 2024, which would represent a 696% increase from its current price. He further suggests that Shiba Inu could offer even greater returns in the coming year. Based on a potential market recovery and growing interest in the meme cryptocurrency, he predicts a peak value of $0.0003 by the end of this year or early 2025.
SHIB has performed modestly in recent days, but has managed to gain 2.49% in the last 24 hours. Since its low of $0.00001087 last week, SHIB has rallied nearly 30%, driven by a broader recovery in the cryptocurrency market.
According to TradingView data , if SHIB manages to break out and close above its moving averages, it could open up the possibility of a rally towards the $0.000020 level. However, if SHIB fails to maintain this momentum, it could indicate that sentiment remains negative.
However, not all analysts share this optimism. Utkarsh Tiwari , an executive at the KoinBX exchange, suggested to Forbes that SHIB could reach $0.000066 by the end of this year, but bearish pressure could push the cryptocurrency back through the five-zero threshold.
Why it is important The outlook for Shiba Inu in 2024 is mixed, with some optimistic predictions suggesting significant growth and others anticipating more limited development.
The volatility of the cryptocurrency market and the varied opinions of experts underscore the importance of investors carefully evaluating risks and opportunities before making decisions.
www.cifdaq.com
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core-cifdaq · 2 months ago
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Shiba Inu is gearing up for a massive 696% gain by 2024 – are you ready?
Shiba Inu is gearing up for a massive 696% gain by 2024 – are you ready?
The price of Shiba Inu is attracting the attention of cryptocurrency enthusiasts, with some experts predicting a significant rise. Himanshu Maradiya, chairman of the CIFDAQ blockchain ecosystem, predicts that Shiba Inu could reach $0.0001 in 2024, which would represent a 696% increase from its current price of $0.00001436. He said the memecoin has the potential to deliver even more impressive returns, with a target of $0.0003 by the end of 2025. Recently, Shiba Inu rebounded nearly 30% from a low of $0.00001087, coinciding with the broader cryptocurrency market sell-off that briefly pushed Bitcoin below $50,000 and Ethereum below $2,500. Despite this volatility, the price of Shiba Inu has risen 2.49% in the past 24 hours, suggesting that further growth is likely as the market stabilizes. As Shiba Inu enters a recovery phase, investors are exploring other promising opportunities in the cryptocurrency space, including Pawfury, a breakout coin that promises big returns for savvy investors.
www.cifdaq.com
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core-cifdaq · 2 months ago
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SHIB could surge 696% in 2024, experts say: Opportunity or risk?
SHIB could surge 696% in 2024, experts say: Opportunity or risk?
The president of the CIFDAQ blockchain ecosystem, Himanshu Maradiya , has predicted a promising future for the Shiba Inu cryptocurrency (CRYPTO: SHIB ).
What happened According to BitFinance , Maradiya expects SHIB to reach a value of $0.0001 by 2024, which would represent a 696% increase from its current price. He further suggests that Shiba Inu could offer even greater returns in the coming year. Based on a potential market recovery and growing interest in the meme cryptocurrency, he predicts a peak value of $0.0003 by the end of this year or early 2025.
SHIB has performed modestly in recent days, but has managed to gain 2.49% in the last 24 hours. Since its low of $0.00001087 last week, SHIB has rallied nearly 30%, driven by a broader recovery in the cryptocurrency market.
According to TradingView data , if SHIB manages to break out and close above its moving averages, it could open up the possibility of a rally towards the $0.000020 level. However, if SHIB fails to maintain this momentum, it could indicate that sentiment remains negative.
However, not all analysts share this optimism. Utkarsh Tiwari , an executive at the KoinBX exchange, suggested to Forbes that SHIB could reach $0.000066 by the end of this year, but bearish pressure could push the cryptocurrency back through the five-zero threshold.
Why it is important The outlook for Shiba Inu in 2024 is mixed, with some optimistic predictions suggesting significant growth and others anticipating more limited development.
The volatility of the cryptocurrency market and the varied opinions of experts underscore the importance of investors carefully evaluating risks and opportunities before making decisions.
www.cifdaq.com
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core-cifdaq · 2 months ago
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Analyst Tells Forbes Bitcoin Could Hit $1,000,000 as Soon as Next Year
Analyst Tells Forbes Bitcoin Could Hit $1,000,000 as Soon as Next Year
Bitcoin (BTC) has endured a tumultuous period over the past few weeks, with its value experiencing significant swings. After peaking at around $70,000 in July, the cryptocurrency plunged below $48,000 by August 5th. However, it has since demonstrated signs of resurgence, rebounding to approximately $62,500. Several analysts are making bold predictions about Bitcoin’s future trajectory amid these volatile shifts.
In a recent interview with Forbes, Himanshu Maradiya, founder and chairman of CIFDAQ Blockchain Ecosystem, presented an eye-catching forecast, suggesting that Bitcoin could potentially hit $1,000,000 by 2025. While this prediction might seem audacious, Maradiya believes several factors could drive Bitcoin towards this milestone.
Notably, the pundit pointed to the increasing adoption of Bitcoin, the approval of Bitcoin ETFs in various countries, and rising concerns over fiat currency devaluation as key drivers. The pundit also emphasized the recent halving event on April 20, 2024, which reduced the rate at which new Bitcoins are created, as another factor influencing his predictions. Historically, Bitcoin halvings have led to significant price increases due to reduced supply.
“Predicting a $1,000,000 Bitcoin might appear overly optimistic, but the increasing institutional interest and regulatory support for cryptocurrencies make this scenario plausible,” Maradiya stated.
Elsewhere, former BitMEX CEO Arthur Hayes recently suggested that Bitcoin might spike to $1,000,000 in the current market cycle. In an interview with DL News last week, Hayes attributed this potential surge to global financial shifts and high debt levels.
“The Bitcoin price in this cycle is going to go very, very high. Hundreds of thousands of dollars, maybe $1 million.” Said, Hayes. “We’re entering a period of significant change in the global monetary system.”
Elsewhere, Rajagopal Menon, Vice President of India’s largest crypto exchange, WazirX, commented on Bitcoin’s potential. Menon believes Bitcoin could initially target between $90,000 and $100,000 before the year ends.
“The $100,000 mark represents a significant psychological barrier,” Menon said. “Bitcoin may experience substantial resistance around this level, which could affect its short-term performance.”
Veteran trader Peter Brandt has also echoed a bullish outlook, predicting that Bitcoin could reach $150,000 by the end of 2025. Like Maradiya, Brandt’s forecast is based on historical trends associated with Bitcoin’s halving cycles, often leading to bullish market phases. However, Brandt also cautioned that there is a 50% chance Bitcoin might drop below $40,000 before the effects of the latest halving fully materialize.
Bitcoin traded at $59,234 at press time, reflecting a 1.03% drop over the past 24 hours.
www.cifdaq.com
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core-cifdaq · 2 months ago
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Meta AI predicts SHIB price for 2025
Meta AI predicts SHIB price for 2025
Although Shiba Inu (SHIB) has had a rough couple of months, marred by volatility and price declines that have seen it drop over 20% in the last 30 days, a newly released artificial intelligence (AI) assistant is fairly optimistic regarding its price performance in 2025.
Indeed, Finbold has asked the AI bot created by Meta Platforms (NASDAQ: META), called Llama 3.1, to provide a potential price range for the presently 13th-largest asset in the cryptocurrency sphere by market capitalization from the viewpoint as of August 13.
Meta AI’s SHIB price prediction 2025 As it happens, Meta’s cutting-edge AI assistant has offered several price prediction targets for Shiba Inu in 2025, with the average predicted range between $0.00002 and $0.00012, which would represent a 47.38% or a whopping 784.3% increase from its present situation.
More specifically, among the sources that Meta AI used to draw its SHIB price prediction conclusions is Changelly, which Llama 3.1 said “predicts a minimum SHIB price of $0.000024 and a maximum price of $0.000028 in 2025,” whereas CoinCodex “estimates a price range of $0.00002527 to $0.000120.”
Furthermore, the AI model also referred to predictions by crypto analysts, including Utkarsh Tiwari, the Chief Strategy Officer at crypto exchange KoinBX, and Himanshu Maradiya, founder and chairman at AI-powered blockchain ecosystem CIFDAQ.
“Additionally, experts such as Utkarsh Tiwari predict that SHIB could reach a price range of $0.00003 to $0.0000456 in 2025, assuming favorable market conditions and continued development within its ecosystem. Another expert, Himanshu Maradiya, predicts a more realistic price range of $0.0001 to $0.0003 for SHIB in 2024-2025.”
Shiba Inu price analysis For the time being, Shiba Inu is changing hands at the price of $0.00001357, which represents a 1.78% drop on the day, an accumulated advance of 1.48% on its weekly chart, and a 21.66% loss across the past month, according to the most recent data retrieved on August 13.
It is also worth noting that the recent Shibburn data shows a massive amount of SHIB burned on August 12, amounting to over 40 million Shiba Inu tokens, which represents a remarkable 8,007.8% increase, reflecting the community’s growing efforts to reduce the overall supply and bring the price up.
All things considered, SHIB could, indeed, follow the path set by Meta AI, as long as the indicators and developments remain favorable for its price. That said, doing one’s own research is critical, as things in the crypto sector can take an unpredicted turn.
www.cifdaq.com
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