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Robert Kiyosaki Predicts 'Everything Crash': Bitcoin May Drop to $5,000 Amid Market Collapse
Robert Kiyosaki Predicts 'Everything Crash': Bitcoin May Drop to $5,000 Amid Market Collapse
Kevin Helms
By Kevin Helms

Sat Oct 12 20:30:18 EST 2024

Rich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression. He urges investors to brace for financial turmoil, saying only the prepared will emerge wealthier from the ruins. “Take bitcoin for example… it may crash to $5,000 a coin … then boom to $100,000 to $250,000 and higher,” he noted.

‘Everything Crash’ Looms: Kiyosaki Foresees Bitcoin and Stock Collapse — Global Chaos Ahead
Robert Kiyosaki, author of Rich Dad Poor Dad, shared his insights on the U.S. economy, gold, bitcoin, and market trends on social media platform X on Saturday. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

He pointed to gold’s all-time high prices but cautioned: “Unfortunately, higher gold prices generally mean investors are becoming pessimistic. Many investors shift out of stocks and start buying defensive assets. So higher gold prices are not necessarily a good sign.” Kiyosaki expects a significant stock market crash, declaring:

If a major stock market crash occurs … which I am expecting … because the stock market has been high for too many years.

“This is not good news for people who do not own gold, silver, and bitcoin,” he opined. The acclaimed author then encouraged people to prepare by studying, joining investment clubs, and watching for post-crash bargains. “Then in a few years … when another bull market rises … you will be one of the richer, smarter investors,” he foresees.

In a follow-up post, Kiyosaki warned of “The Everything Bubble,” driven by money printed during the 2008 financial crisis. He predicted:

The Everything Bubble is going to turn into ‘The Everything Crash.’ Simply said, everything will crash, including gold, silver, and bitcoin.

He compared the situation to a catastrophe, stating that the bubble will burst like Mt. Vesuvius, with the crash being detrimental for most people. He warned it could trigger a “global depression” similar to the one narrowly avoided in 2008.

Despite the bleak outlook, Kiyosaki believes those prepared will prosper. “After the everything crash … that follows the everything bubble … the prepared will get really rich. I plan on being one of the prepared … I plan on becoming even richer… and I want you to become richer too.”

He noted:

Take bitcoin for example … it may crash to $5,000 a coin … then boom to $100,000 to $250,000 and higher.

“Obviously, I will be buying all the bitcoin I can, as well as other assets, at bargain basement prices,” Kiyosaki emphasized. “KISS: Keeping It Super Simple … the best time to get rich is coming again.”

He concluded by advising investors to aim for wealth, not to fall victim to the actions of the Federal Reserve and Treasury. He urged them to be patient, join investment clubs, attend seminars, network with proactive individuals, distance themselves from unhelpful friendships, study, discuss, and prepare for the future.

Top 5 Exit Points to Exit a Trade Like a Pro in 3 Minutes
When it comes to trading, knowing when to exit a trade is just as crucial as knowing when to enter. A great entry can quickly turn into a loss if you don’t manage your exit properly. If you're serious about improving your trading game, here are five professional exit strategies you can learn in just 3 minutes! Before proceeding further, search us on X /Twitter to get daily profitable Signals 🥂
1. Profit Target Exit
One of the most straightforward exit points is setting a profit target before you enter a trade. This means deciding on a price where you’ll close the trade once it’s hit. Using technical indicators like support and resistance levels, Fibonacci retracements, or moving averages can help you determine where to place this target.
Tip: Always set your profit target at a realistic level, relative to the risk you’re taking.
2. Trailing Stop Loss
A trailing stop is a dynamic exit strategy. Unlike a fixed stop loss, the trailing stop moves with the market price, locking in profits as the price moves in your favor. When the market turns against you, the trailing stop is triggered, and your position is closed, securing any gains you made.
Tip: Adjust the trailing distance based on the volatility of the asset you’re trading. More volatile assets may require a wider trailing stop.
3. Time-Based Exit
Sometimes, it’s best to exit based on time rather than price movement. If you’ve entered a trade expecting a quick profit but the market isn’t moving in your favor, it may be wise to exit after a predetermined time period. This avoids having your capital tied up unnecessarily in slow or stagnant trades.
Tip: Use a time-based exit if you're a day trader or scalper, where speed and capital efficiency are key.
4. Technical Indicator-Based Exit
Many traders rely on technical indicators such as the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) to determine their exit points. For example, an RSI value that indicates overbought conditions might signal a good time to close a trade, especially if the price is at resistance.
Tip: Always double-check signals from indicators with broader market trends or news to avoid being faked out.
5. Breakout/Breakdown Exit
Exiting on breakouts or breakdowns is another strategy employed by pros. When a price breaks out of a key level (support or resistance), you can ride the momentum and exit as soon as the price shows signs of stalling or reversing. This method is ideal for trend traders or those using momentum strategies.
Tip: Always be cautious of false breakouts. Set your stop-loss just below the breakout level to minimize risk.
Final Thoughts:
Exiting a trade professionally involves a balance of discipline, analysis, and sometimes instinct. By using these exit strategies, you can ensure that you're locking in profits or cutting losses in a way that minimizes emotional decision-making. Practice these techniques, and you'll be exiting trades likeTop 5 Exit Points to Exit a Trade Like a Pro in 3 Minutes
When it comes to trading, knowing when to exit a trade is just as crucial as knowing when to enter. A great entry can quickly turn into a loss if you don’t manage your exit properly. If you're serious about improving your trading game, here are five professional exit strategies you can learn in just 3 minutes! Before proceeding further, search us on X /Twitter to get daily profitable Signals 🥂
1. Profit Target Exit
One of the most straightforward exit points is setting a profit target before you enter a trade. This means deciding on a price where you’ll close the trade once it’s hit. Using technical indicators like support and resistance levels, Fibonacci retracements, or moving averages can help you determine where to place this target.
Tip: Always set your profit target at a realistic level, relative to the risk you’re taking.
2. Trailing Stop Loss
A trailing stop is a dynamic exit strategy. Unlike a fixed stop loss, the trailing stop moves with the market price, locking in profits as the price moves in your favor. When the market turns against you, the trailing stop is triggered, and your position is closed, securing any gains you made.
Tip: Adjust the trailing distance based on the volatility of the asset you’re trading. More volatile assets may require a wider trailing stop.
3. Time-Based Exit
Sometimes, it’s best to exit based on time rather than price movement. If you’ve entered a trade expecting a quick profit but the market isn’t moving in your favor, it may be wise to exit after a predetermined time period. This avoids having your capital tied up unnecessarily in slow or stagnant trades.
Tip: Use a time-based exit if you're a day trader or scalper, where speed and capital efficiency are key.
4. Technical Indicator-Based Exit
Many traders rely on technical indicators such as the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) to determine their exit points. For example, an RSI value that indicates overbought conditions might signal a good time to close a trade, especially if the price is at resistance.
Tip: Always double-check signals from indicators with broader market trends or news to avoid being faked out.
5. Breakout/Breakdown Exit
Exiting on breakouts or breakdowns is another strategy employed by pros. When a price breaks out of a key level (support or resistance), you can ride the momentum and exit as soon as the price shows signs of stalling or reversing. This method is ideal for trend traders or those using momentum strategies.
Tip: Always be cautious of false breakouts. Set your stop-loss just below the breakout level to minimize risk.
Final Thoughts:
Exiting a trade professionally involves a balance of discipline, analysis, and sometimes instinct. By using these exit strategies, you can ensure that you're locking in profits or cutting losses in a way that minimizes emotional decision-making. Practice these techniques, and you'll be exiting trades like a pro in no time! a pro in no time!

NFT sales experienced a dip this week, dropping 8.78% compared to the previous seven days. Total sales amounted to $77.46 million, with a sharp decrease in both buyers (down 64.47%) and sellers (down 66.40%).
Bitcoin NFTs Surge 29.36% as Overall NFT Sales Dropped
Over the past week, the digital collectible market struggled, bringing in $77.46 million, reflecting an 8.78% decline. Ethereum-based NFTs claimed the top spot with $27 million, marking a 4.95% increase. Bitcoin NFTs followed with $16.78 million in sales, up by 29.36%, while Solana NFTs landed in third place with $11.38 million, a modest 1.95% rise.

Mythos’ Dmarket ranked as the highest-selling NFT collection, pulling in just over $5 million. Despite leading the pack, Dmarket saw a 64.26% drop from the previous week. Bitcoin Puppets took second place with $3.46 million, enjoying a 78.52% increase, and in third place, Immutable X’s Guild of Guardians collected $2.94 million, down over 6%.
The priciest NFT sale of the week was Bored Ape Yacht Club (BAYC) #7940, which fetched $1.43 million just 24 hours ago. Coming in second, an Axie Infinity from the Ronin blockchain sold for $90,107, while an Ordinal Maxi Biz digital collectible secured the third spot at $83,627.
While certain collections and blockchains saw gains, the overall drop in NFT sales signals a changing landscape for digital collectibles. The sharp decline in both buyers and sellers underlines that although interest in specific projects remains, the broader market faces challenges in keeping momentum as trends shift across various platforms.

This editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished, The newsletter also includes the biggest stories of the week with a comment on each story.

Liquidity Rising
The global liquidity cycle has come to prominence in the past three or four years in no small part thanks to the work of Cross Border Capital’s CEO and Managing Director Michael Howell. His system, informed by his work as Research Director at Salomon Brothers from ‘86 to ‘92, provides a more comprehensive view of global liquidity than those merely based on money circulating in the general economy (e.g., M1 or M2). Howell asserts that the majority of liquidity is in financial and asset markets, which makes sense considering measurements like M2 do not include sovereign bonds, bank reserves, and other forms of credit.
All of this to say, global liquidity is rising. Howell’s model describes a four-year cycle that we are currently in the rising phase. For skeptics, there is no stronger evidence that global liquidity is rising than the Fed cutting 50 basis points on September 15. Seven days after Powell effectively announced the beginning of a U.S. easing cycle, China’s central bank introduced its most aggressive stimulus package in four years. This should be a boon for Bitcoin and crypto as one of the most liquidity-sensitive assets, if not the most sensitive (the last 1.5 sentences were lifted directly from last week’s unread editorial).
China’s move caused many to ask, “why now?” Why did China wait so long to revive the country’s struggling economy which is expected to miss its 5% 2024 growth target? Weston Nakamura of Across the Spread pointed out the obvious, China had to wait for the Fed to begin an easing cycle before it could too, due to fears of exacerbating the ongoing currency risks of yuan depreciation and further capital outflows.
China’s move is a strong indicator that other countries will likely follow suit, sooner rather than later. If the size of China’s initial response is an omen of the liquidity deluge to come, it’s probably best to pay no mind to this week’s price action. Steady as she goes.

in Price Predictions for End of 2024 and the Forecasted Outlook for 2025
ver the past week, bitcoin has been bouncing between $59,019 and $63,794 per unit. While prices have slipped slightly—down 1.29% for October so far—there’s still plenty of optimism that ‘Uptober’ will live up to its reputation. After all, October has historically been a good month for bitcoin, with enthusiasts eagerly awaiting a potential rally as we head deeper into the next few months.
End of 2024 Bitcoin Predictions Suggest a Possible Breakthrough Past $74K
Currently, bitcoin is trading at $62,735 per coin, holding a market valuation of $1.31 trillion. This puts bitcoin comfortably in the top ranks of global assets—it’s now the tenth largest in the world by market cap, sitting alongside major corporations and even surpassing the value of some entire economies.
Many analysts are confident that the market will continue to trend upward as the month unfolds. Despite some volatility, bitcoin’s ability to maintain its position in the $60,000 range suggests strong support from both institutional and retail investors. Some forecasts point to bitcoin pushing past $65,000, with more bullish scenarios predicting it could even challenge the $80,000 to $100,000 mark before the end of the year.
According to bitcoin (BTC) price predictions from coincodex.com, BTC is anticipated to break the $74K barrier in less than a week, with a 30-day forecast of $88,267. That’s a leap of over 40% from where it stands today. Looking ahead to 2025, they project bitcoin could hit a peak of $104,738, with a floor of $63,654. By 2026, we might see a low of $84,756 and a high soaring up to $177,384.

Meanwhile, changelly.com has its own forecast. For October, it sees bitcoin swinging between $61,473 and $76,664.73. Come November, they predict a slight dip, with prices ranging from $58,138.52 to $77,133.95. December, while expected to be more stable, looks lower with a range of $61,097.32 to $63,022.10. These numbers hint at both potential growth and steadiness in the near future.

IAccording to changelly.com’s metrics for 2025, bitcoin is expected to maintain steady growth each month. January’s estimates suggest prices between $61,651.60 and $70,344.69. By July 2025, bitcoin might climb to a range of $82,730.07 to $86,595.37. Heading into December 2025, the forecasts hint at a high of $100,137.61 and a low of $100,295.47. With a projected ROI of 61.1%, the year could see consistent upward momentum.
According to the latest odds from Polymarket, bettors give bitcoin (BTC) a 29% chance of hitting $70,000 this month. The likelihood of BTC reaching $67,500 is set at 54% for Oct. On the downside, there’s a 37% chance of it dropping to $57,500. This wager concludes on Oct. 31, with $599,477 in volume at press time. Polymarket bettors also place the odds of BTC reaching a new all-time high this year at 57%.
Whether or not these predictions pan out, it’s clear that bitcoin’s influence on the broader financial landscape is only growing. With a $1.31 trillion market cap, bitcoin has firmly established itself as a serious player in the global financial ecosystem, and as we look ahead, all eyes will be on whether it can turn ‘Uptober’ into reality. So far, the month has seen a 1.29% drop, and from here, things could take a turn for the worse or swing in a better direction—it’s anyone’s game theory at this point $BTC

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The Weekly
Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review
By David Sencil
Sun Oct 13 7:30:29 EST 2024
In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI made headlines by charging 18 individuals involved in crypto fraud after setting up a fake crypto operation. Economist Peter Schiff warned of impending financial ruin unless the U.S. allows its “phony economy” to collapse. Lastly, USDT saw downward pressure as investors in China shifted focus from crypto to stocks amid stimulus measures.
Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD

Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape.
Editors comment: Not to sound like a broken record, but stablecoins are one of the best indicators to measure the health of the market.
JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold

JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist.
Editors comment: Does it start to become bearish if everyone (including myself) is bullish for Q4?
Read More
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18

Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency. As part of “Operation Token Mirrors,” the Federal Bureau of Investigation (FBI) created a fake cryptocurrency company and token to uncover fraud in the market.
Editors Comment: A fascinating story that, on the face of it, helped to remove crypto malefactors. Although, it does bring to mind the phrase, “spitting in the wind.”
Read More
Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the alternative is worse, as it would lead to the devaluation of money itself.
Editors comment: I am sympathetic to criticisms presented by Schiff and others, but be cautious of the time horizons for these deep issues to play out.
Read More
USDT Faces Downward Pressure as Investors Pivot to Stocks in China

USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull run following the announcement of stimulus measures.
Editors comment: This is an interesting take that may or may not be true, however it is something to keep in mind if and when China stimulates further.

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Interview
Regulation Brings Clarity to Web3 Market, Developers, and Companies, Says Ava Labs CBO
Regulation Brings Clarity to Web3 Market, Developers, and Companies, Says Ava Labs CBO
Terence Zimwara
By Terence Zimwara

Sun Oct 13 0:30:42 EST 2024

The Web3 industry has yet to fully enter the mainstream, according to John Nahas, chief business officer (CBO) of Ava Labs. He argues that general-purpose Layer 1 blockchains, whose primary focus is marketing their tokens, dominate the space and lack sufficient innovation. This, Nahas contends, hinders the industry’s full potential.

Blockchain Success Hinges on Curious, Motivated Teams
The Ava Labs executive believes purpose-built blockchains, or application chains (app chains), offer a solution. In fact, in his written responses to Bitcoin.com News, Nahas suggests that mass adoption of Web3 hinges on the deployment and success of these specialized blockchains.

Beyond solving specific problems, both general and purpose-built blockchains’ success depend heavily on the teams behind them. Nahas said a team of curious and highly motivated individuals will likely increase a protocol’s chances of thriving.

Regarding regulation, Nahas acknowledges there is a perception of its negative impact on Web3. However, he argues that clear regulations provide certainty for markets, developers, and companies operating in the space hence it is not entirely a bad thing for the industry. Elsewhere in his responses, the Ava Labs executive explores how regulators and governments can oversee Web without stifling innovation.

Below are Nahas’ answers to all the questions sent.

Bitcoin.com News (BCN): The decentralized blockchain industry has evolved in phases. Bitcoin’s initial era focused on “alternative money,” while Ethereum emphasized smart contracts and decentralized applications (dapps). Today, Web3 development and third-generation decentralized solutions are at the forefront. However, the industry has not fully entered the mainstream. As a long-time observer, what do you see as missing or hindering the blockchain industry’s full potential?

John Nahas (JN): The current problem with the Web3 space is the constant proliferation of the general-purpose Layer 1 blockchain. Their primary product is their token, and they seek to lure developers and users to their slightly better technology. There are constant incremental improvements at the blockchain layer, which is more blockspace, but there’s not enough innovation.

The solution to this problem, and what has been missing, is the rise of purpose-built blockchains (or application chains). The future will be multi-chain, however, a plethora of general-purpose chains does not solve the unique needs of projects building across a variety of sectors, from banking to gaming to AI to consumer. Purpose-built chains –which are an asset, jurisdiction, compliance, and use case specific –are needed to scale the numerous use cases. This will lead to mass adoption. No single chain can absorb all the potential demand, and we’ve seen that general-purpose chains alone have failed to deliver a solution the market needs to expand.

BCN: General-purpose and purpose-built blockchains have both found success, but purpose-built chains are currently gaining significant attention. Can you explain the difference between the two and what problems they address that general-purpose blockchains cannot?

JN: General purpose blockchains provide “slight” improvements over existing Layer 1 chains, but they do not meet the demand of all the use cases, businesses, and scale that is needed to make blockchains go mainstream.

However, purpose-built chains (previously called application-specific, or app chains) are where the industry is inevitably going. Purpose-built chains can accommodate specific uses, manage fees, use specific virtual machines (VMs), have their own gas token (or no gas token), and are customizable to the particular requirements of the business, asset, jurisdiction, and developer. They are needed solutions to fix technical bottlenecks, whereas general purpose chains (and their excess) are oftentimes solutions in search of a problem.

BCN: As the blockchain industry continues to evolve, participants will increasingly form partnerships to enhance the user experience or leverage each other’s strengths. Can you briefly explain the essential elements for effective partnerships among blockchain projects, and highlight some common reasons for failed partnerships?

JN: Most failed projects had an outsized focus on the headline and the name recognition and association that came with it. They made news but did not solve a problem. We saw this for a couple of years, where a company or a builder would have a great idea and then say “put on blockchain” like it was a special ingredient or an automatic bonus. The blockchain element should facilitate the use case, and be the technology that allows for a product or asset to succeed, not the highlight.

Effective partnerships are built around three key components: technology, team, and incentives. If a team is building a successful product, they should look for the best technology to facilitate that product – that is the foundational decision. After the tech, the team you work with is as important, if not more important, than the tech. People like working with people they like, and if there is a good relationship that is built on trust and clear goals, then the likelihood of success is much higher. If these two tenets are there, then the incentive (financial or support) is easy since both sides have a shared goal of winning. However, we often see teams in this space chase the incentive first, which is the wrong priority.

BCN: Many analysts believe blockchain projects are only as strong as their teams. As a seasoned blockchain industry veteran involved in multiple projects and teams, what are the essential qualities to seek when building a team? What factors contribute to a successful blockchain development team that can drive ecosystem growth and broader adoption of blockchain projects?

JN: Two things stand out the most – curiosity and hustle. These are the soft skills that often cannot be learned on the job. Technical, operational, and informational skills can be learned but these two characteristics are always top of mind for me.

If someone is curious, they will seek out what they don’t know. They will set a goal, and find out what is needed to achieve it. They are constantly thinking and making connections and finding solutions.

But curiosity alone is not enough; if someone is only curious they can just daydream all day. If they hustle, they will take action on their curiosity and achieve that goal. They will reach out to partners, they will work cross-functionally to solve problems and find solutions to quench their curiosity.

BCN: Regulation and government policies have influenced the blockchain industry. While many industry participants see regulatory interventions as hindering growth, some aspects may have been beneficial. Can you highlight any regulatory instances that you believe have positively impacted the blockchain industry?

JN: There used to be a misguided belief that regulation is bad, and bad regulation is worse. However, we’ve seen that regulation, even if incremental, gives certainty. Markets, developers, and companies need certainty to operate. Regulation gives that, and can be improved upon and worked on.

MiCa has been a positive example of a good first step. There should be improvements, and as regulators learn more and the industry engages with them, then it will adapt and then hopefully regulators will be more supportive of growth.

BCN: Avalanche is one of the Web3 forerunners and has established itself as one of the prominent blockchain protocols. Could you briefly tell us the core values of the Avalanche blockchain, as well as some of the most innovative projects and use cases being built on Avalanche?

JN: Avalanche stands out for its near-instant finality and its ability to scale horizontally by allowing anyone to deploy their own purpose-built chain, an Avalanche L1. Additionally, we work very closely with our ecosystem projects as trusted partners and advisors, and provide support where needed to connect teams and, ideas, and be their advocates.

The list of projects on Avalanche is long, from innovative DEXes like Trader Joe to infrastructure providers like GoGoPool. Additionally, we’ve seen great adoption of Avalanche L1s with Rymedi, a life sciences platform, Off The Grid, an AAA game, and numerous institutional use cases such as Intain, Re and enterprise partners such as SK Planet’s UPTN nation-wide loyalty program in South Korea.

BCN: From a wider perspective, what are the most impactful contributions of Avalanche to the blockchain industry?

JN: I believe the Avalanche Consensus, which allows for infinite validators and decentralization coupled with its near-instant finality provides the needed infrastructure to grow the blockchain ecosystem across all asset classes and, industries, and allows for truly innovative use cases and applications to be developed by expanding the ability to launch a dedicated blockchain that is with interoperability with the larger ecosystem. As Web2 allowed for the free flow of information, Avalanche is bringing about the free flow of value, which is the promise of Web3.

BCN: Considering the setbacks regulation has caused, including stifling innovation by discouraging new blockchain prospects, how would you advise the government and its agencies to manage policies that concern the blockchain industry without causing unnecessary damage and limitations?

JN: I would urge regulators to take a look at the innovative and good projects being built and to champion them as good actors and positive advancements in the space. We should be highlighting the good use cases, the innovative solutions, and the problems that the technology is solving.

Shib Crypto Prediction: Will Shiba Inu Coin Reach $1?
Shiba Inu coin has caught the eye of many in the crypto world. It’s a new player with big dreams. Can it hit the $1 mark? Let’s dive into a detailed shiba inu coin analysis to see what experts think about its future.
We’ll look at Shiba Inu’s start, its current state, and what could push its value up. We’ll check out adoption, community support, and how it stacks up against other meme coins. We’ll also see how laws might affect its path to $1.
This shiba inu cryptocurrency forecast is for both new and experienced crypto fans. It aims to give you the info you need to decide if Shiba Inu is a good investment. Let’s dive deep into this digital asset and see what the future holds.
Key Takeaways
Shiba Inu coin has gained significant attention in the cryptocurrency market
Analyzing factors like adoption, community support, and competition is crucial for predicting Shiba Inu’s price potential
Comparing Shiba Inu coin to other successful cryptocurrencies can provide valuable insights
Regulatory developments may impact Shiba Inu’s growth and legitimacy
Expert opinions and technical analysis offer additional perspectives on Shiba Inu’s future price trajectory
Shiba Inu Coin’s Origins and Purpose
Shiba Inu coin started in August 2020 by an unknown creator named “Ryoshi.” It was inspired by the rise of meme-based cryptocurrencies like Dogecoin. Ryoshi wanted to make a community-focused token that could stand up to Dogecoin with its own special features.
The main goal of Shiba Inu coin is to be a fun, easy, and open cryptocurrency for everyone. It’s different from Bitcoin, which only has 21 million coins. Shiba Inu coin has one quadrillion tokens, making it more accessible and possibly more popular.
"We believe through the power of collective decentralization we can build something stronger than a centralized team could create. A community-run token is nothing without the united individuals who give it purpose." – Ryoshi, Shiba Inu’s creator
The Shiba Inu world is more than just the SHIB token. It also has two other tokens:
LEASH: A limited supply token that serves as a store of value and allows holders to earn rewards through staking.
BONE: A governance token that enables the Shiba Inu community to vote on key decisions and shape the future of the project.
ShibaSwap is a key part of the Shiba Inu ecosystem. It’s a decentralized exchange (DEX) where users can trade SHIB, LEASH, and BONE without using central exchanges. It also offers staking and yield farming, letting users earn rewards by helping the platform.
Token Supply Purpose
SHIB 1 Quadrillion Primary token for transactions and value exchange
LEASH 107,646 Store of value and staking rewards
BONE 250,000,000 Governance and voting rights
The Shiba Inu community is growing and getting more useful. It aims to grow its value and usefulness. By building a strong community and adding new features, Shiba Inu wants to be a big part of DeFi and meme-based cryptocurrencies.
Analyzing Shiba Inu’s Current Market Performance
To understand Shiba Inu’s chance to hit $1, we must look at its market now. We’ll check market cap, trading volume, price history, and volatility. These metrics tell us a lot about the crypto’s health and what the future might hold.
Market Capitalization and Trading Volume
Shiba Inu’s market cap has changed a lot since it started. This shows how the crypto market is always moving. As of May 2023, its market cap is about $6 billion, making it one of the top 20 cryptos.
Shiba Inu’s trading volume is always high, showing a lot of interest and investment. It often sees over $500 million in daily trading. This means it’s easy to buy and sell Shiba Inu, thanks to its active market.
Cryptocurrency Market Cap (USD) Daily Trading Volume (USD)
Bitcoin $1.2 trillion $30 billion
Ethereum $250 billion $15 billion
Shiba Inu $6 billion $500 million
Price History and Volatility
Since starting in August 2020, Shiba Inu’s price has seen ups and downs. It has grown a lot quickly, catching the crypto community’s eye. Its value has jumped by thousands of percent in a short time.
But, this fast growth means Shiba Inu coin is also very volatile. Its price can change a lot, sometimes by a lot in one day. This is due to market speculation, hype, and the mood of the crypto market.
Even with its ups and downs, Shiba Inu coin has shown it can bounce back. Its price has been influenced by the Shiba Army, a group of supporters. They help promote and support the token online
Shiba Inu’s price volatility is a double-edged sword. While it presents opportunities for substantial gains, it also carries significant risks. Investors must approach Shiba Inu coin with caution and conduct thorough research before making any investment decisions.”
Factors Influencing Shiba Inu coin’s Price Potential
Looking into what could affect Shiba Inu’s future price, we see adoption, utility, community support, and meme coin competition. These factors are key to reaching the $1 target.
Adoption and Utility
Adoption and real-world use are big factors for Shiba Inu coin’s price. More businesses and people using SHIB will increase demand. Partnerships with big companies and being on popular platforms could help a lot.
The Shiba Inu ecosystem, with its exchange and layer-2 solution, will make the token more useful. This could draw in more investors and raise SHIB’s price.
Community Support and Hype
The Shiba Army has been key to SHIB’s success. Their support and excitement bring in new investors and push up the price. Social media helps spread the word about SHIB.
But, just being hyped won’t keep the price up. Shiba Inu coin needs to keep delivering value to its users to keep growing. This content is not for financial advice. You must do your own research before investing crypto. Shib one of gold project.

The Tomarket ($TOMATO) token is anticipated to debut at an approximate price of $0.005132. This estimation aligns with the upcoming coin launch and airdrop event planned for late October 2024. Since its launch, Tomarket has experienced significant growth, attracting over 18 million users within just two months. This rapid expansion could potentially drive the token's value higher as the user community continues to expand.
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When Is CATS, Memefi, Tapswap, Tomarket, Blum Listing date!
When Is Memefi, Tapswap, Tomarket, Blum, CATS $ X Empire Listing date
The cryptocurrency world is buzzing with several major token listings set for late 2024. Here's a breakdown of the upcoming events and important dates to watch until last line.
CATS Airdrop Listing Date
The much-anticipated CATS token airdrop is preparing for its official listing on ByBit, Bitget, Gate.io, and KuCoin. The CATS token listing date is scheduled for October 8th, 2024, at 10:00 UTC, marking a major milestone for the project.
MemeFi Listing Date Shifted
Originally slated for October 9, 2024, the highly awaited MemeFi listing date has been officially postponed to October 30, 2024. This delay is aimed at ensuring a smooth launch across six major centralized exchanges (CEXs), with one exchange still pending confirmation. MemeFi premarket trading has seen growing interest, adding to the anticipation of the MemeFi launch date.
TapSwap Listing Date Announcement
Naz Ventura, the founder of TapSwap, recently announced on X that the TapSwap airdrop and listing will occur before October 30, 2024. Early users of the platform can look forward to receiving free tokens, making the upcoming TapSwap listing date a significant event for the community.
Tomarket Listing Date
Excitement continues to grow for the official Tomarket listing date, expected in late October 2024. Following a successful airdrop snapshot in September, early supporters of the project will soon be able to claim their $TOMATO tokens. This innovative project is drawing attention from both gaming and blockchain communities, blending digital assets with gaming experiences.
Blum Airdrop Listing Date Speculation
While the exact Blum listing date remains speculative, it's expected to happen sometime in Q4 2024—between October and December. Rumors suggest the listing may coincide with an airdrop, but the official date will be confirmed through Blum's verified channels.
X Empire Airdrop Listing Date Update
The X Empire Airdrop Listing Date has yet to be officially announced, but the team has hinted at several non-linear steps in the process. Based on their latest announcement, the X Empire listing date is expected to occur sometime in Q4 2024, and the community is eagerly awaiting further details.
Major Listing Date Teased
Lastly, the $MAJOR token is preparing for its big debut on major exchanges in November 2024. While the exact $MAJOR listing date hasn't been confirmed yet, the project has been steadily working toward this major event, with exciting developments promised on the horizon.
#Major #MemeFi #BlumCrypto #Major #MemeFi #BlumCrypto #TomarketCoin
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