DeFI News by Thebittimes.Com

Shiba Inu‘s surge is currently gaining some solid momentum as technical indicators are now aligning with on-chain data, and this is pointing to a potential 61% rally by 2025. Is Shiba Inu really on track for a 61% rally? Here’s what every holder needs to know before the next breakout happens. Source; TradingView Also Read: Pi Network (PI) Faces 50% Correction: Should You Buy The Dip? Shiba Inu’s Path to 61% Rally: The Critical 20% Breakout First Source; Watcher Guru Key Resistance Level Must Break Right now, SHIB is repeatedly testing the $0.0000134 resistance barrier as investors are showing consistent bullish intent in recent days. The price at the time of writing sits at around a value of $0.00001380 with a 2.00% daily gain, and it’s pushing toward the upper Bollinger Band region. The Shiba Inu surge also depends on success while trying to break this critical level that has been tested multiple times already. If $SHIB can break through the resistance in the ne...

Shiba Inu whales are back and accumulating more tokens right now, which is sparking renewed interest in potential SHIB price movements. According to some of the most recent on-chain data, long-term holders have been increasing their positions by about 5.62% despite the rather underwhelming price performance we’ve been seeing lately. Also Read: Will Swiss Bank Buy Bitcoin? Shiba Inu Whales Surge: Is a SHIB Price Rally on the Horizon? Source: The Market Periodic Long-Term Holders Make Their Move The latest on-chain data that’s been released reveals that addresses holding Shiba Inu for more than a year have increased significantly according to the Balance by Time Held metric, which is a key indicator of investor behavior. This growing whale presence is occurring while SHIB’s price continues to struggle at the moment, suggesting that experienced market participants might be seeing some potential value despite the not-so-great current market conditions. At the same time, sh...

The crypto project backed by US President Donald Trump has acquired another multi-million-dollar batch of digital assets, on-chain data shows. According to blockchain tracking firm Lookonchain, World Liberty Financial (WLFI) bought about $2 million worth of Avalanche (AVAX) and Mantle (MNT). Avalanche is a layer-1 Ethereum (ETH) rival, while Mantle is a prominent Ethereum layer-2 scaling solution. However, Lookonchain notes that WLFI’s portfolio, which includes more than 11 crypto assets, is losing on every single token, down nearly $120 million in total. “Trump’s World Liberty [Financial] bought 103,911 AVAX ($2 million) and 2.45 million MNT ($2 million)… In total, World Liberty has spent $343 million on 11 different tokens – but every single one is in the red, with a total loss of $118 million!” Source: Lookonchain/X At time of writing, AVAX is trading at $18.35 while MNT is priced at $0.826. Besides privately accumulating digi...