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news-imageOctober 24, 2024

Crypto Market Update: Ethereum's Rally Stalls, Dogecoin Surges, and Shiba Inu's Impressive Gains

The cryptocurrency market is seeing mixed signals as Ethereum (ETH) struggles to maintain its upward momentum, while Dogecoin (DOGE) and Shiba Inu (SHIB) experience notable price fluctuations. After a recent spike, the market is now calming down, leaving investors to wonder what lies ahead.
Publisher: The Currency Analytics
Sentiment: Neutral
DOGE
ETH

More News Articles

Negative
cover-imageThe Currency Analytics
October 24, 2024

Ethereum Leverage Ratio Reaches Extreme Levels: What It Means for Investors

The cryptocurrency landscape is known for its rapid fluctuations and unpredictable trends, but recent data regarding Ethereum's leverage ratio has raised eyebrows across the investment community. The Estimated Leverage Ratio has spiked to extreme levels, prompting many to wonder what this indicates for Ethereum's future price movements.

Positive
cover-imageCointribune
October 24, 2024

Ethereum: Why Will Gas Fees Soon Drop Drastically?

Vitalik Buterin, co-founder of Ethereum, recently surprised the crypto community with a major announcement: a fourfold reduction in gas fees on the Ethereum network. This initiative aims to make transactions more cost-effective and improve the efficiency of the network, marking a crucial step for the Ethereum ecosystem.

Neutral
cover-imageUToday
October 24, 2024

Only 2%: This Shiba Inu (SHIB) Inu Metric Is Raising Questions

Concern is being raised by Shiba Inu after a crucial on-chain metric provides an unexpected glimpse into the condition of its holders. Data shows that only 2% of SHIB holders are classified as short-term investors, which indicates that very little of SHIB's supply is being purchased and sold quickly.

Negative
cover-imageCoingape
October 24, 2024

Zero SHIB Burn Rate in 24 Hours: What It Means for Shiba Inu Price?

The second biggest meme coin, Shiba Inu, has been depending on the SHIB burn mechanism in hopes of increasing its scarcity and providing more stability in the price. Even since the introduction of token burning, Trillion of tokens have been reduced from the total supply, but there is no significant difference in the SHIB price

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