By EWN • 18 March 2023 • 9:45
Cryptocurrencies are not regulated by governments or central banks, which can lead to uncertainty and instability in the market. Many investors buy and sell cryptocurrencies based on speculation, which can cause prices to rise and fall rapidly. The security of cryptocurrency exchanges and wallets has been a concern, with high-profile hacks and thefts adding up to market volatility. Closure of three major banks, Silvergate, Silicon Valley Bank and Signature Bank has caused an upheaval in the market but Shiba Inu (SHIB) and Cardano (ADA) have found a way to bounce back. The new meme coin Dogetti (DETI) is soaring with its presale.
The Shibarium Layer 2 protocol has got a new SHIB burn possibility. According to the team, a running chart for burned SHIB can be seen at the portal. It is a part of the beta testing by the Shibarium network. As per the Shibburn website, the Shiba Inu (SHIB) burn rate is up by 202% in the last 24 hours. A total of 31,978,306 SHIB tokens are sent to dead wallets.
SHIB price has responded positively to the burns. It has shown a rise of 10% at the time of writing and is now at $0.00001025 with a market cap of $5.62 billion. SHIB has also avoided a death cross formation which could have been a major red flag for both investors and traders.
According to the market capitalisation, Cardano (ADA) is the fifth largest cryptocurrency. It is seeing a surge in longs volume on derivatives trading platforms which suggests that the investors are regaining confidence in this altcoin and can hope for a bigger price rebound.
Cardano found good support at $0.30. After this the bulls managed to turn the course in their favour. With the price rallying quickly to hit the resistance at $0.35, the strength turned the chart bullish, predicting a much higher rise in the coming days.
Dogetti (DETI) is a new meme coin which is owned and controlled by the community. It is a revolutionary altcoin that aspires to become the top dog in the meme coin world. The goal is to shift wealth into the Defi ecosystem and create a sense of togetherness, belonging and shared purpose among the holders.
Dogetti is in stage 2 of its presale and has already raised $572,475 USDT. The price of a DETI token is $0.00029166. It has shown a rise since stage 1. Buying at stage 1 would have given a 900% spike at the launch. It is not too late to invest at stage 2 either as the prices will go up at every stage of the presale.
Dogetti is audited by Solidproof, Soken, Coinsult and Solidity Finance and claims to be 100% secure. Loyalty is highly valued in the Dogetti community, and the members are seen as family. Dogetti continuously comes up with promo codes to attract and benefit the members, the latest one being the DON50 code.
By using the DON50 code at the time of the purchase, one can claim 50% additional DETI tokens. At every stage, Dogetti ensures that the family not only grows but is also happy and creates generational wealth.
For more information about Dogetti (DETI):
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
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