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Overall, and according to the historical behavior of the altcoins, SAFEMOON could not be the exemption regarding a bullish mood at the end of the year once it clears out the critical hurdles on the path to the north. Thus, the optimistic scenario could get invalidated with a breakout below the $0.0000025 level, which belongs to the tops formed in the second half of October.

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Its market capitalisation, or total volume in the market, currently sits at $184million.
Compared to its competitor Dogecoin which was launched at $0.002, Shiba Inu was originally launched at <$0.00000001 with a supply limit of one quadrillion tokens in circulation, and now has ±360k community users. .

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It’s a good sign if a wallet is open-source as this increases transparency. Lastly, make sure to download the official version of a wallet as there are many look-alikes out there operated by scammers.
Shiba Inu coin price: why is the crypto currency skyrocketing today, stock prediction and Elon Musk influence

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Nevertheless, one netizen points out that Shiba Inu is only a meme token fueled by a narrative and now, the narrative is over. He further stated that the $0.01 and $1.00 targets were all blatant lies. On a final note, he said investors should take their profits and sell while they can.

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Nonetheless, Nvidia is enjoying some pickup, and the company released new processors in February specifically for use in cryptocurrency mining.

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    LifestyleMoneyWhy is crypto down today? Cryptocurrency market crash, China ban - prices of Shiba Inu, Bitcoin, Ethereum

    For high-growth returns, investors are increasingly turning to technology stocks. These three could be among the fastest growers this decade.
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    SafeMoon, a token on Binance Smart Chain widely recognized as a TikTok meme coin, is seeing massive volatility after its huge gains of the past week.

    The SafeMoon ecosystem comprises a protocol that boasts its own native DeFi token with the same name. The three main features attached to trades include: Reflection, whereby “5% is reflected to all holders for passive income.” LP Acquisition, whereby “5% is added to a liquidity pool.” Burn, in which “a burn wallet receives a portion of the reflections to never be seen again.”
    It comes back to circulating supply (549 trillion), and SHIB’s price. 705 million SHIB is worth just $46,000. Given SHIB now has a market cap of nearly $36 billion, this doesn’t seem nearly enough.

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    Blockchain ETFs Let Investors Expose Their Portfolio to Crypto Without Actually Buying Any. Here's How They Work

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    Rebecca Robinson, a 28-year-old student in San Diego who works part-time as a line cook, lost a few hundred dollars after Musk sent the market into a tailspin. She's still putting 10% of her paychecks into crypto, including ethereum and the smaller coins cardano and algorand.

    Elon Musk’s favorite coin of the realm, Dogecoin, saw declines of 15%, according to prices tracked by Coindesk. Nipping on Dogecoin's heels was Ethereum with a 14% drop capping a bad week for blockchain economics.
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If a rebound happens around that area, SAFEMOON could resume the bull-run and eventually attempt a rally towards the first tough nut to crack at $0.0000053.

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Investing is always a risk but investing in cryptocurrency is an even higher risk as they are VERY volatile.

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Crpytocurrency exchange operator Coinbase has said that it would welcome more regulation as long as it is "done right."

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At present, users can acquire DOGE through various crypto exchanges, or mine it themselves, and choose to transact with it wherever legal and accepted. Users can also hold it long-term in their electronic or physical crypto wallets.

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