Shiba Inu price managed to surpass $0.000024 during this bull run, amid skyrocketing SHIB burn rates and increased whale activity. Despite bearish pressure on memecoins due to profit booking after showing bullish momentum, the increase in trading volume suggests long-term growth in Shiba Inu price.
Additionally, the early approval of the Solana ETF is expected to propel the SOL price to new highs as the market expects another bullish move in December. These bullish predictions for viral SHIB and SOL prices are triggering inflows in these cryptos that can drive them to new all-time highs this year.
Shiba Inu Price Skyrockets After 290,321 SHIB Tokens Burn
After a meteoric rise of 54% in one month, SHIB memecoin has proven to be very profitable for investors. The increased burn rate also influenced the Shiba Inu price, as 290,321 SHIB tokens were burned on November 18. Additionally, SHIB’s influence is growing in the technical market more than a memecoin, sparking optimism about its real-time global scalability in the future. years, potentially with an ETF launch.
Whale data suggests that Shiba Inu price is poised for a bullish rally as large holders accumulate huge amounts of SHIB tokens for an extended bull rally in December. Experts predict that if Shiba Inu price successfully retests the $0.000024 level amid the declines, memecoin could skyrocket towards the $0.00003 level before the dawn of 2025.
Solana (SOL) Prices Soar After Sigel Reveals ETF Timeline
Solana (SOL) breaks bearish odds amid slow BTC momentum, posting a bullish rally above the $245 threshold this week. Solana has crossed $70 billion in DEX trading volume for the first time in history, demonstrating significant whale accumulation and investor confidence. SOL price has gained 54.9% over the past month, continuing to see a new ATH this season.
The main draw for the SOL community and industry experts is the upcoming Solana ETFs under the Trump administration. VanEck’s head of digital assets research, Sigel, also expressed optimism that Solana ETFs will be approved and begin trading by the end of next year. This very bullish factor for Solana (SOL) can trigger a bullish rally towards the $400 level next year.
DTX Exchange (DTX) Competes With Crypto Giants With $8.1 Million Presale
DTX Exchange (DTX) has exploded in the second half of 2024 as global traders look forward to its cutting-edge trading technology and industry-relevant features. The DTX Exchange hybrid project provides traders with a competitive edge through quantitative and algorithmic trading, merging of stocks and crypto pairs, 1000x leverage, and advanced automation techniques.
The DTX platform pioneered the first-ever hybrid Layer 1 blockchain, providing a transparent trading environment with access to over 120,000 trading pairs across cryptos, stocks, CFDs, bonds, forex and stocks. Traders can maximize their profits by contributing to liquidity pools, leveraging DTX’s passive income strategies that encourage their participation in the platform’s growth.
After raising a groundbreaking $8.1 million in the fifth batch of public presales, the global community is shocked by DTX Exchanges bullish rise to the top positions in the rankings in this cycle. Traders are buying this KYC-free DTX token at $0.1 as experts predict a stellar 1,000% rally for the Defi token following its planned mainnet launch in Q4.
Final Thoughts
Shiba Inu (SHIB) and Solana (SOL) continue to steal the show with their uptrends. The Shiba Inu price is poised for a precipitous rise as the Solana community awaits the launch of an ETF by the end of next year. However, DTX Exchange (DTX) stands out as a game changer in the crypto space, offering robust alternatives to traditional memecoin investments for breakthrough returns this year after listing in 2024.
Learn more:
Buy in presale
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