Alas, since the month of March in the year of our Lord 2024, SHIB has been ensnared within the gloomy grip of a downtrend! It did, at one point, bestride the lofty heights of $0.000045, only to plummet like a forgotten farce to a closing act of $0.000030. It has danced within a descending triangle pattern, a wretched merry-go-round, swaying under the heavy hand of bearish forces.
According to the esteemed DefiLlama, LetsBonk has generated a whopping $1.04 million in revenue, doubling Pump.fun’s paltry $533,412. It’s a veritable coup, and one that has left the memecoin community in a state of utter bewilderment. 😱
Last Friday, the 11th of July, like a sly cat toying with a hapless mouse, Aave (AAVE) had the audacity to rise a startling 6%, painfully reaching a dizzying high of $317.58. Oh, the sweet ecstasy for those who might have slept on that particular day—indeed, Aave’s audacious week-long ascent tangoed its way to an aggregate growth of 18%—from a mere $272! Such thrilling numbers, straightforwardly resembling a well-crafted riddle of life itself! 💸
XLM has pulled off a remarkable feat, a kind of crypto Houdini act that leaves everyone wondering how we went from the bleak, lower lows and lower highs trap of despair to a dazzling new bullish ballgame. It’s like finding out your favorite restaurant is still open after all—what a relief! 🎉 Seriously, though, that breakout above $0.32 wasn’t just a victory; it was a market structure makeover that should send those bearish vibes packing until further notice.
Our dear friend, ZAYK Charts (@ZAYKCharts), has unveiled a chart that could make even the most stoic investor chuckle. The daily timeframe trendline breakout for OP/USDT, a line that has been steadfast since December 2023, has finally been breached. Price has gallantly climbed toward the breakout zone around $0.65, signaling the end of the downtrend, or so we hope. 🤞
As the bullish tide surges, these pint-sized stocks, particularly the newest meme-coins, are showing off some dazzling returns as though they were the belles of the ball. 🎭💃
And who’s leading the charge? None other than Pepe [PEPE], the memecoin that’s been making waves and gaining a lot of attention. 🌊
Still, Charles Hoskinson, the mastermind behind Cardano, has ventured a claim so bold, so audacious, it can only be compared to a peasant’s wild dream of becoming the Tsar. He foresees Bitcoin soaring to the celestial heights of $250,000, spurred by the fragile whims of regulatory proclamations surrounding stablecoins. Ah, regulations—our dear friend and not-so-distant foe! 🌪️
Oh, how the capital flows, like an unstoppable flood, propel BlackRock’s IBIT Bitcoin ETF. It’s not just playing catch-up; it’s sprinting ahead, leaving the competition to eat its dust. As other funds trudge along, IBIT surges ahead, an unstoppable force in the crypto world.
Upexi (UPXI), a Tampa-based consumer brands company listed on Nasdaq, announced Friday it has secured approximately $200 million in new financing through a combination of equity and convertible note offerings. A portion of the proceeds will support Upexi’s existing operations, while the rest will be used to grow its cryptocurrency treasury, with a specific focus on Solana. 💰
