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The price of DOGE has fallen by 5.75% since yesterday. It’s almost as if the currency had an existential crisis overnight. Oh, the drama!

Our beloved Shiba Inu (SHIB), the reigning meme coin of Ethereum’s chain, has taken a nosedive for four consecutive days, plummeting to a dismal low of $0.00001238. This is its lowest level since the fateful day of April 22. It seems we have entered a technical bear market, with a staggering fall of nearly 30% from its glorious heights in May. 🐻

In the midst of this downward spiral, investors and traders, with a glimmer of renewed interest, are accumulating tokens, perhaps in the hope of a splendid reversal. How optimistic! 🌟

According to the ever-wise Amitava Mandal, this is a “major leap” — as if crossing a river wasn’t notable enough. The new system handles currencies like USD and MXN with the kind of ease that makes your passport feel inadequate. Settle transactions in seconds — because who likes waiting? — and it plays nicely with small businesses and fintechs. It’s all about making money moves faster, cheaper, and (hopefully) less frustrating.

According to the ever-optimistic analyst known as “Mister Crypto” (who, let’s be honest, probably has a crystal ball), rounded-bottom formations and ascending triangles have been the harbingers of every major Bitcoin rally. Back in 2013, when Bitcoin was a mere toddler trading under $10, it spent months in a smooth, curved base before breaking out and soaring past $1,000. Ah, the good old days!

Over 36% of its glow-up this year has vanished faster than your hope for a staycation. XRP’s price has been serially declining for three days, hitting levels not seen since May 8 — basically its version of a bad hair day, but in crypto form.

According to the ever-reliable CoinGlass data, a staggering 264,608 traders have been liquidated, resulting in a total of $687 million evaporating into thin air in the cryptocurrency derivatives market over the last 24 hours. Bullish longs, those optimistic souls betting on price increases, accounted for a hefty $610 million of this total, while short liquidation rose to a mere $76 million. Meanwhile, Bitcoin’s price has plummeted, dragging altcoins down with it, as traders ponder the macroeconomic concerns that seem to loom larger than life.

📢 Progress Update

In a move that could only be described as a masterclass in crisis management, the funds, once quarantined like a pariah at a social gathering, have now been entrusted to a multisig trust wallet—an arrangement so secure it could make Fort Knox blush. This wallet is under the watchful eyes of three entities: Cetus, the Sui Foundation, and OtterSec, a company that, one hopes, has more than just a cute name to offer in terms of safety.

TXIDs: …

Seamlessly linked with several Pi products—like a well-rehearsed ballet—FruityPi promises to delight developers and investors alike. Imagine a world where game creators can effortlessly tap into Pi’s infrastructure—how innovative! It’s as if the network has finally found a convenient way to share its secret sauce, all while enticing the community’s ever-watchful gaze. 👀

As this impending crash looms like a dark cloud over our heads, XRP is staring down the barrel of a $38 million liquidation gun. Talk about pressure! 💥 This sell-side frenzy is bound to send the price spiraling downwards, and who knows, maybe it’ll even take a few unsuspecting investors with it!