Cryptocurrencies Price Prediction: Dogecoin, Shiba Inu & Bitcoin — Asian Wrap 07 Feb [Video]
|Dogecoin creator Billy Markus is ready for a trend reversal in the memecoin
Co-founder of Dogecoin, Billy Markus, recently commented on his bullish outlook on the Shiba-Inu-themed memecoin. Markus believes Dogecoin is ready for a trend reversal as it inches closer to $0.15. Analysts predicted the Dogecoin price trend could get interesting in the midterm if it remains above support.
Whales continue Shiba Inu accumulation in recent price drop, purchase 63 billion SHIB
63 billion Shiba Inu tokens were accumulated by large wallet investors in the recent dip. Ethereum whales have accumulated Shiba Inu through recent crypto bloodbaths, diversifying their portfolio. Shiba Inu transaction count dropped by 50%, fueling a bearish outlook among investors.
Bitcoin price breaks three-month downtrend line, indicators imply bullish shift in sentiment
The Bitcoin Fear & Greed Index has moved into the orange zone, implying that investor outlook on BTC is bullish. Jack Dorsey proposes Universal Basic Income powered by Bitcoin could boost demand for the asset. Bitcoin price crosses $41,000, adding $170 billion to the crypto market capitalization overnight.
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