Cryptocurrencies Price Prediction: Ethereum, Solana & Shiba Inu – American Wrap 17 February
Ethereum Price Forecast: ETH outperforms top cryptocurrencies, sees $1.1 billion in stablecoin inflows
Ethereum (ETH) is up 1% on Monday, stretching its weekly gains to nearly 3%, while other top blockchains experience losses. The top altcoin's recent outperformance can be attributed to rising stablecoin inflows and investment from institutional investors through ETH exchange-traded funds (ETFs).
Solana Price Analysis: SOL plunges as ETF speculators bet billions on XRP and DOGE
Solana (SOL) price tumbles as low as $180 on Monday, down over 9% in three consecutive days of losses. Bearish dominance in the SOL derivatives markets suggests the downtrend could extend in the week ahead.
Shiba Inu Price Analysis: SHIB whale demand declines 88% amid two-week consolidation phase
Shiba Inu (SHIB) price opened trading around the $0.000016 mark on Monday, having consolidated within a 5% tight range over the last two weeks. On-chain data shows whale investors have gradually reduced their exposure to SHIB amid the ongoing price stagnation phase.
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