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Shiba Inu (SHIB), a prominent meme coin in the cryptocurrency market, has recently attracted attention. SHIB is frequently compared to Dogecoin in terms of market position. The token’s performance in 2024 has been noteworthy. At the start of the year, SHIB was trading at a price lower than $0.000010. The token then underwent a significant rally, increasing by more than 450% and reaching a high of $0.000045 in the middle of February. Although the current price is still 72% lower than the all-time high achieved in 2021, the recent price movement suggests renewed interest and a shift in market sentiment regarding this popular cryptocurrency. Also read: Chainlink May Price Prediction: Can LINK Hit $15? As of now, SHIB is trading at approximately $0.00002396 following a period of consolidation. The token appears to be in a position where it could potentially experience its next price movement. There is uncertainty regarding whether the token has enough fundamental support to ...

Author: GaryMa In the era of Web 2.0, the internet framework was primarily composed of three fundamental infra structure modules: computation, storage, and communication. As we transition into Web 3.0, the banner of “decentralization” is raised high. While Ethereum and numerous other public chains have emerged for general computation, and solutions like Filecoin and Arweave have arisen for storage, the field of communication seems to lack mature solutions. Enter SendingNetwork, the protagonist of this article, committed to filling this void. The communication infrastructure module in Web 2.0 is the TCP/IP protocol stack, divided into four layers from top to bottom: the application layer, transport layer, network layer, and physical layer. However, due to the inherent centralization in TCP/IP, certain flaws have gradually surfaced, such as: ● At the application layer, accessing websites relies on DNS resolution services. If the system is compromised, users may be directed to malicious ...

XRP price is struggling to recover above the $0.520 resistance. The price could gain bearish momentum if it breaks the $0.50 support. XRP is attempting a fresh increase and facing hurdles near $0.520. The price is now trading near $0.5150 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close above the $0.520 resistance. XRP Price Aims Upside Break Recently, XRP price climbed above the $0.550 resistance and tested $0.570. A high was formed at $0.5705 before there was a pullback like Bitcoin and Ethereum. The price dipped below the $0.5250 support zone. It even spiked below $0.500 and tested $0.4980. A low was formed at $0.4990 and the price is now consolidating near the 23.6% Fib retracement level of the downward move from the $0.5705 swing high to the $0.4990 low. It...

Ljubljana, Slovenia, April 29th, 2024, Chainwire The explosive rise of Artificial Intelligence has sparked the first stages of a new knowledge revolution, comparable historically with the invention of the printing press or the world wide web. Its sudden growth also pointed at some of the threats and shortfalls such as hallucinations, bias, mishandling of intellectual property rights and even potential AI model collapses. Both the opportunities and challenges of this knowledge revolution are showing the need for convergence between Crypto, Internet and AI in a Verifiable Internet for AI proposed by OriginTrail. The Verifiable Internet for AI is effectively addressing AI’s shortfalls by decentralizing knowledge that AI systems use in their solutions. One of the pioneering implementations of the approach is Polkabot.AI – a Decentralized AI education hub on Polkadot which will see its full release in the coming months after receiving support from the Pol...

Apr 29, 2024 at 07:48 // Price Author Coin Idol Below are the worst performing cryptocurrencies to fall due to overhead resistance. The majority of altcoins fell below moving average lines, accelerating selling pressure. More details in this weekly price Analysis by Coinidol.com. Ethena The price of Ethena (ENA) is down since April 11, 2024. ENA has been in a bull market with a vertical rise since April 3, 2024. The price of the cryptocurrency fell from a high of $1.50 to a low of $0.81. According to the price data, the altcoin will continue to fall and reac...

The Golem price has plunged by 10% within the last 24 hours to trade at $0.4668 as of 4:10 a.m. EST. The plunge comes after an earlier pump that saw the token soar to $0.59 to hit a monthly high.  Golem Price Prediction: Where Is GLM Headed Next? Analysing Golem price charts, we see that the overall trend leading up to the recent price actions was relatively flat, with the asset trading within a tight range. There was then a significant spike in the Golem price, which retested previous resistance areas. A large red candle followed the sharp price increase, indicating a solid sell-off hence the price plunge. This could suggest a quick retracement from the breakout levels. The price has settled into a downtrend following this sell-off, heading back toward previous support areas. The current retracement towards the support area will be crucial for the next move. If the price holds above the support area, it could indicate potential for consolidation before another upward movemen...

The cryptocurrency market continues to maintain its volatile momentum, and the famous dog-themed meme coin Shiba Inu (SHIB) is no exception. Machine learning and artificial intelligence (AI) algorithms are predicting further advances for the ‘Dogecoin (DOGE) killer’ in the near future. According to the most recent data retrieved from the crypto analytics and forecasting platform PricePredictions, an advanced price projecting algorithm anticipates the price of Shiba Inu to reach $0.00003 by May 1, 2024. Also read: Solana Hold Steady Above $155: Can SOL Hit New ATH In May? Based on indicators like Bollinger Bands (BB), average true range (ATR), relative strength index (RSI), and moving average convergence divergence (MACD), this prediction says that the price of SHIB will go up by 19.5% from where it is now. Shiba Inu’s Price Performance  Shiba Inu has achieved remarkable results in recent weeks, closely approaching its main competitor, Dogecoin, in term...

Ripple (XRP) is poised for a significant price surge of up to 70%, according to a recent technical Analysis by trader RLinda. The analyst suggests that XRP is forming a false break of support on the XRPUSDT trading pair, and a long-term consolidation above the current zone could lead to a continuation of growth. Linda says that it has the potential to open up a 50-70% price increase. XRP Price Squeezed Within Triangle on Weekly Timeframe RLinda observes that a triangle pattern is currently squeezing the XRP price on the weekly timeframe (W1). The market appears to be forming another attempt to retest the resistance zone, indicating potential bullish momentum. However, the ongoing legal proceedings between the U.S. Securities and Exchange Commission (SEC) and Ripple are currently restraining the market from experiencing strong growth. Also read: Cryptocurrency: Top 3 AI Coins to Watch For Double Digit Gains Recent developments in the SEC lawsuit have shown tha...

Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, is on the verge of a significant upgrade to its Shibarium platform. In a recent announcement, the Shiba Inu team revealed that a hard fork is scheduled to go live on May 2nd. The upgrade will introduce a suite of new Features . These Features are aimed at enhancing the user experience and empowering the community of innovators and developers. The hard fork is also considered a necessary update to unlock next-level capabilities in the Shibarium network. It also aims to deliver new value and simplify engagement with the platform. Also read: Dogwifhat: Can WIF Hit $10 In May? 1/ SHIBARMY, we are on the brink of a transformative upgrade for Shibarium . Through an upcoming hard fork expected to go live on May 2nd, we're introducing a suite of new Features designed to enhance user experience and empower our community of innovators and developers. — Shib (@Shibtoken) April 25, 2024 The upgrade will i...

HBAR’s price plummeted more than 15% over the past 24 hours after BlackRock said it has “no commercial relationship” with Hedera and had not selected the Hedera Hashgraph to tokenize any of its funds. This follows an Apr. 23  announcement by the HBAR Foundation that said Archax and Ownera tokenized BlackRock’s ICS U.S. Treasury fund on the Hedera blockchain. Some mistakenly believed that the asset management giant was actively involved in this tokenization effort. A spokesperson for BlackRock confirmed that this is not the case. HBAR Foundation’s Post Goes Viral HBAR Foundation’s post went viral and accumulated over 3 million views. Several crypto influencers misinterpreted the message. “BLACKROCK JUST TOKENIZED ONE OF THEIR MONEY MARKET FUNDS ON HEDERA,” Mason Versluis told his 189,000 followers on X. BLACKROCK JUST TOKENIZED ONE OF THEIR MONEY MARKET FUNDS ON HEDERA $HBAR! 🔥 https://t.co/0TCxUfGjKa — MASON VE...

The dreams of a de-dollarization world kick-started by developing countries in 2024 remain just that, a dream. The US dollar outperformed all local currencies this year despite facing challenges from developing economies. The DXY index, which measures the performance of the USD shows it climbing above the 106.80 range in April this month. That’s a surge of 5% since the start of the year when it dipped to a dangerous low of 101.20. Also Read: Russia to Double Its Oil & Gas Revenue, Pocket $14 Billion in April Source: MarketWatch The Might of the US Dollar in Full Display Against Local Currencies in 2024 Source: scmp.com / Shutterstock The US dollar hammered all leading local currencies including the Pound Sterling, Chinese Yuan , Japanese Yen, and Indian Rupee . The yuan,  yen , and Rupee looked to throttle the USD in the currency market and come out on top. However, the USD came triumphant outshining all three this year...