Ah, Dogecoin. The cryptocurrency that started as a joke and now has investors scratching their heads. Can it really hit $0.40 before 2025? Or will it just keep wobbling around like a tipsy reveler at a Russian wedding?
Mikybull’s chart revealeth a pattern most curious in XRP’s price antics across the ages. Since 2014, the coin hath followed a script most familiar: a rounded-bottom buildup, a breakout from its slumber, and a period of sideways meandering ere each grand ascent. ‘Twas first seen betwixt 2014 and 2017, aiding XRP’s explosive rise to glory in the bull market of yore. Now, the chart proclaimeth a similar plot, yet on a grander stage. After nigh five years of preparation from 2018 to 2023, XRP hath broken its chains, crafting a structure akin to its former triumph.
The token, which debuted at a modest $1.60, swiftly descended to $0.58, according to the ever-watchful eyes of CoinGecko. A sharp decline, you say? Nay, a precipice! The cause? The eager hands of Binance’s airdrop beneficiaries and early allocators, who, like peasants at a feast, grabbed their rewards and fled the scene within hours of trading commencing. Greed, thy name is crypto enthusiast! 🤑
But wait, there’s a twist! 😏 Turns out, the crypto crowd is cheering like it’s New Year’s Eve. 🥳 Apparently, some of these coins were as trustworthy as a “I’ll call you” text from a Tinder date. 🚩 Scams? Rug pulls? Oh, the drama! 🎭
Behold, the XWIN Research Japan, that oracle of despair, proclaims a resistance zone, a wall of stone and sorrow, stretching from $107,000 to $118,000. Here, macro pressures gnaw like rats in the dark, long-term holders (LTHs) flee like traitors, and sentiment, that fickle wench, turns its back on the faithful. 🧠
The Nigerian House of Representatives has urged security agencies to stop labeling young Nigerians involved in cryptocurrency and blockchain activities as internet fraudsters. Because nothing says “innovation” like treating your citizens like they’re all scamming the government. 🚨
The accursed coin, SHIB, once cast into the inferno of October’s market hellfire, now clawing its way back to the light. A temporary reprieve from eternal suffering, as investors whisper: “Surely redemption awaits!” But beware-beneath the surface, the abyss yawns wide. 🔥
Lau, armed with spreadsheets and a healthy dose of optimism, notes Bullish’s market share leapt from 2.1% to 3.7% in three short months. Such growth! One could almost imagine the rival exchanges (Bitget, Bybit, Gate) whispering, “How dare they take our volume?” Meanwhile, Bullish’s October trading volume soared 70%-proof, perhaps, that the post-IPO bravado is as strong as its order books. 📊🚀
Community sage 0xKOL, a wizard of the crypto woods, noted that XRP’s tranquility was as rare as a rainbow after a thunderstorm. He called it an “alt bear market,” which sounds like a grumpy bear with a bad hair day. Traders, ever the gossips, began whispering about XRP’s secret sauce: who owns it and why they’re not fleeing like scared bunnies.
“Bitcoin is permissionless bearer money, in effect, a realization of the cypherpunks’ bearer ecash ideas,” Back mused, as if unraveling a cryptographic sonnet on X. 📜
