- Pin
- 🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
🏆 Commit #USDT# to Share 10,000,000 #PFVS# . The More You Commit, the More $PFVS You Receive!
📅 Duration: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💎 Commit USDT Now: https://www.gate.io/launchpad/2300
Learn More: https://www.gate.io/announcements/article/44878
#GateioLaunchpad#
- 🧧 Join Gate.io Chat Community to Grab Red Packet Airdrops Everyday!
⏰ Click the red packet icon as soon as the countdown ends. First come, first served.
🥳 Remember to claim your lucky red packet & do not miss out!
➜ Join Gate.io Chat Community:
Open Gate.io App » Click "Home" » Click "Post" at the bottom of the Home-"Chat" » Enter Gate.io Group or
➜ Click the Link to Enter: https://gateio.onelink.me/LHro/group?chatroom=group
- 📣 Trade #GT# to share $10,000! Newcomer Gifts Up for Grabs Also
👉🏻 Join Now: https://www.gate.io/campaigns/903
🔹 Participate in #GT# check-in challenge to win $7,000 in rewards - all users available
🔹 Sign up and win $3,000 prizes - new user special
🔗 Event Details: https://www.gate.io/announcements/article/44813
- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
- 🎊 12th Anniversary Celebration Continues — Limited-Time Revelry Round 3 is On!
Play twice a week to find the hidden anniversary cake and win prizes like iPhone 16 Pro, MacBook Air, exclusive merch, and more
✅ Just Log In to Start Playing: https://www.gate.io/activities/12th-anniversary?pid=APP&ch=s9ZCIeg6
Event Details: https://www.gate.io/announcements/article/44624
Is the Giant Asleep? Shiba Inu Price Set to Increase 6 Times as Billions of SHIB Tokens Flow Into Whale Wallet
According to renowned cryptocurrency analyst Zach Humphries, Shiba Inu (SHIB), the second largest meme coin by market capitalization, could soon make an appearance. In a new YouTube video uploaded on Friday, Humphries expressed his optimism about the potential of SHIB, predicting that the stock price could increase five to six times if the current market conditions are favorable. It is worth noting that Humphries, a influential voice in the Shiba Inu community, begins by emphasizing the increasing momentum around SHIB, highlighting its connection to the Ethereum ecosystem. He further points out that Shiba Inu, ranked 13th by market capitalization, is positioning itself to leverage the growth of Ethereum as its ecosystem gains traction. "Shib and Pepe are ready and getting ready. I think it's coming soon... Ethereum is starting to show signs... it's quite quiet at the moment, but it won't be quiet for long," he noted . Focusing on the technical elements of SHIB, this expert discussed breaking the resistance level of $0.00002960. According to him, this will trigger a potential price increase that could push the price of SHIB higher, with a potential increase of six times if Ethereum rises to the range of $7,000-$8,000. "If SHIB breaks the $0.2960 level, be careful... we could start another price increase to the mid-three range," he declared and added, "I think as long as eth reaches the $7,000 to $8,000 level, we could get 10 times from PEPE and at least five to six times from SHIB." The psychology of other analysts is in line with Humphries' enthusiasm. Pouyan, an analyst at TradingView, highlighted the significant long-term trend resistance level on SHIB's weekly price chart, noting that breaking it could lead to a 150% price increase, with a target of $0.000074. However, he warned that failing to break this resistance level could lead to a drop to $0.000011.
To reinforce this optimism, data on the blockchain from IntoTheBlock shows that the net flow of SHIB by Large Holders has increased significantly by 82% in the past day, with 2.4 trillion SHIB worth about $72 million flowing into whale wallets. This increase often indicates a decrease in selling pressure, paving the way for an upward trend.
The Relative Strength Index (RSI) of SHIB is currently at 61, reinforcing the prospect of price increase, indicating that the asset is not overbought and still has room to surpass the 70 threshold. As long as SHIB holds above the key support level for many years at $0.000020, the possibility of surpassing the highest level in March 2024 at $0.000045 seems feasible, potentially triggering an explosive price increase. At the time of reporting, SHIB is trading at $0.000002805, reflecting a 2.27% decrease in the past 24 hours.
DYOR! #Write2Win #Write&Earn $SHIB {spot}(SHIBUSDT)