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Showing posts with the label crypto investment

CHART: President Trump's memecoin is doing poorly

The “official” Donald J. Trump memecoin, TRUMP, has done extraordinarily poorly despite endorsements from his children. It was launched on January 18 this year, two days before Trump’s inauguration, and data from CoinGecko says that its market capitalization was $5.8 billion. This was immediately valuable to the Trump family, with the official website noting that 80% of the total supply was held back for the “creators and CIC Digital” and would be valued at $4.6 billion on this first day of trading. CIC Digital is a firm linked to the Trump family. Read more: ANALYSIS: Mapping Donald Trump’s growing crypto empire Eric Trump endorsed this coin on the day of its launch, stating, “$Trump is currently the hottest digital meme on earth.” Donald Trump Jr. endorsed it a day later, stating literally the exact same thing. It quickly reached a peak market capitalization of approximately $8.8 billion on January 22, which ...

Pi Network Coin Price Prediction: $1.5 Target With a 300% Rise

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Pi Network coin (PI) was the talk of the town this year, as investors got free tokens after mining for nearly seven years. It made its debut in the charts in February and remained extremely bullish. The token went from $0.87 to an all-time high of $2.99 in just six days after its launch. It was nearly a 240% surge in less than a week, delivering stellar gains to early holders. However, the bull run came to a screeching halt after Trump’s Liberation Day-inspired market crash. Though the Pi Network coin had brief moments of price surge, it has mostly remained on the back foot. It is now hovering at the $0.34 range after dipping more than 60% in six months. The last time it stood above $1 was in May and never returned to that level again. The token is only sliding down in the charts and is testing the patience of investors. Also Read: Dogecoin Forecasted To Reach $1.73 in 2026 Pi Network Coin Forecasted To Rise 300%, Reach $1.5 Source: Watcher Guru Leading on-chain metrics and price ...

Pippen Backs SHIB: $110M Whales Buy as Golden Cross Hits

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Shiba Inu’s Golden Cross formation has triggered massive whale accumulation worth $110 million as former NBA star Scottie Pippen endorsed SHIB during the 2025 bull run. This technical pattern signals potential explosive rally for the meme cryptocurrency amid increased institutional interest right now. Also Read: Will Shiba Inu (SHIB) Turn an Investment of $3,000 Into 5 Figures? Shiba Inu Golden Cross Drives Whale Accumulation and Price Predictions Amid Market Volatility Source: The New York Times Pippen’s SHIB Endorsement and also Golden Cross Signal Scottie Pippen posted on social media about his cryptocurrency picks for the bull run, and specifically mentioned SHIB among his selections. The former NBA champion stated: “Besides Bitcoin, what coins are you watching this BULL run? I got my picks, $ETH $SOL $BNB $XRP $Ball aka @GamesBall $ADA $DOGE $SHIB $LINK” Besides Bitcoin, what coins are you watching this BULL run? I got my picks, $ETH $SOL $BNB$XRP $Ball ak...

1 Million Shiba Inu Costs $11.47: Can It Ever Become $100,000?

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If you purchase 1 million Shiba Inu (SHIB) coins today, it will cost you around $11.47. For 1 million SHIB tokens to be worth $100,000, the price of each coin has to reach $0.10. SHIB fans, collectively called the SHIB Army, and investors have long pursued the 1-cent price. Hitting the 10-cent mark will go way beyond their target. While the efforts are commendable, hitting the $0.1 mark is no easy task. Let’s discuss if it is feasible. Is Hitting $0.1 Possible for Shiba Inu? Source: Watcher.Guru With its current supply of nearly 589 trillion, it is unrealistic for SHIB to hit $0.1. The project’s market cap will reach $58.9 trillion if the price of each coin hits $0.1. This figure is highly unlikely. SHIB’s market cap would not only dwarf tech giants like Apple, Microsoft, etc., but also outgrow the GDP of all nations worldwide. This scenario will likely never happen. The way for Shiba Inu (SHIB) to hit the $0.10 mark is for it to greatly reduce its circulating supply. ...

$10,000 invested in SHIB 3 years ago is now worth

Shiba Inu (SHIB) has had a rough year so far, having fallen approximately 44.88% from its January 1 opening price. Nonetheless, the token has still been a somewhat profitable investment for early adopters. Here’s how much you’d have if you’d had the foresight to invest $10,000 in SHIB back in June 2022. A $10,000 investment in SHIB in 2022 On June 20, 2022, Shiba Inu was trading at an opening price of $0.000008208, according to data from CoinMarketCap.  In other words, a $10,000 investment back then would have translated to roughly 1,217,920,0002 SHIB tokens in your crypto wallet. The price at that point was the culmination of a gradual downtrend that started in October 2021. While the price had its short-term ups and downs in the following period, the token only managed to pick up some steam 20 months later, in February 2024. As a result, the price climbed to $0.00003504 on March 10, 2024. Afterwards, SHIB went on another decline. It briefl...

Solana Memecoin About To ‘Blast Through’ All-Time Highs, According to Veteran Crypto Trader

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A widely followed cryptocurrency analyst and trader predicts that one Solana (SOL)-based memecoin is on the verge of printing new all-time highs. The analyst, pseudonymously known as Bluntz, tells his 320,800 followers on the social media platform X that memecoin SPX6900 (SPX) appears to have completed an ABC correction on the eight-hour chart, suggesting that the coin has printed a durable bottom. Bluntz practices the Elliott Wave theory, which states that an asset is primed to ignite rallies after completing an ABC correction. “Perfect SPX pullback here after testing prior all-time high for the first time, the next test blasts through in my opinion, still one of the best charts [with a] less than $1billy (billion) market cap in my opinion.” Source: Bluntz/X Looking at his chart, the trader suggests SPX increase to $2.10. SPX is trading for $1.47 at time of writing, up 17.5% in the last 24 hours. The analyst is also bullish on the artificial intel...