Could these assets be more profitable than the second quarter of 2024?

Alonzo

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Crypto News Squad
Jul 16, 2023
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”altcoin-news”

Could these assets be more profitable than the second quarter of 2024?



SHIB’s news: While the cryptocurrency market was having busy days, altcoins and meme coins suffered major losses led by Bitcoin. While Bitcoin was trading at $66,000 before the halving, it continues to lose value in the cryptocurrency market. Shiba Inu, one of the popular breast coins and the second largest breast coin created on the market, is showing signs of recovery with the increase in burn rates, while SHIB’s big rival is solana uses the blockchain model Solana based meme entities are being created.

How is the price trending as the SHIB burn rate increases?

Cryptocurrency shiba inu, which experienced a slight decline during the last decline, showed a recovery in the early trading hours today and increased by 2.94 percent. With a modest rise of $0.00002733, the tremendous increase in the token burn rate of the known asset of Islam also increases the optimism of the market. According to Shibburn’s latest posts, accumulate 154.99 million SHIB tokens with a 4093 percent close transaction and have been permanently withdrawn. Conversely, a decrease in volume indicates that the amount of buying is decreasing, and a pullback could occur if the pressure is released. Analysts think that if there is a 61.8 Fibonacci retracement after the decline, the critical support level may be seen again.

4 SHIB competitors with high potential

Dog Hat (WIF)


Dogwifhat, which became the 3rd largest coin by market cap last week, surpassing the popular meme coin pepe, has gained 7.38 percent in the last 24 hours amid the market crash. WIF token, which has gained approximately 170 percent in the last month, has a capitalization of only 4 billion in the market. big 30th in crypto is existence. WIF, which was inspired by an internet joke like This meme coins, has become an important competitor for SHIB with an increase in transaction volume. Despite the loss in Shiba Inu transaction volume, WIF’s total transaction volume was $903 million.

WIF one day price chart
bonk (BONK)


With a growing community, Bonk is the air for engagement to communicate across Solana dApps. BONK, which has a community-oriented approach and is distributed via airdrop to members through the Solana network; It has a total supply of 93.52 with a market cap of $1.51 billion. Meme Money, which has suffered a 10 percent loss in the last 7 days and decreased from $0.000047 to $0.000023, is still 50 percent lower than its all-time high, despite a strong performance.

BONK 1 good graphics
Slothana (TEMEV)


Slothana (SLOTH), a new meme coin on the Solana network, is one of the useful projects that can be purchased before its launch. Developing a discourse against the routine of office operations, the project uses a character inspired by basic animals. The project is purchased with SOL token and stands out as one of the coins that offers airdrop opportunity after pre-sale.

Visit Get Slothana Token​

You can also be sure that you have the opportunity to play on your own account, 1 SOL token and 10,000 SLOTs are available. Finally, Slothana, with its current increase of $ 6,917,342, is therefore among the high potential coins.

Smoke (SMOG)


Smog, the new meme coin widely used on Solana’s local exchange jupiter, increased by 5.95 percent in the last day, reaching 0.2011. $0.18 is a lot of money, and there is a lot of art in the airdrop system.

Smoke 1 good graphics

In particular, the project, which announced the biggest airdrop in the Solana network, gives users the opportunity to earn points and get more airdrop points with mysterious games in the game.

Visit SMOG Token​

In addition, those living in February and the SMOG project with over 80 percent of their monthly earnings, $155,273,384 million Has market data. Also a win game, the token offers a powerful story in the personal crypto ecosystem with an epic narrative against the dragon slayers.

As a result, Shiba Inu continue to grow as significant contenders despite being a strong meme coin as emerging and fast-rising assets in the volatile cryptocurrency ecosystem. You can be sure that you will analyze the details and the risks involved in detail.



The information in the article is for informational purposes only. It does not constitute any investment advice. Neither your author nor cryptoparahaber.com is responsible for any profit or loss you derive from your investments. Ultimately, investment is based on a strong foundation such as knowledge, experience, research and personal decisions.


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