There are several online news outlets dedicated to covering all cryptocurrency developments alongside active community forums which dissect every feature of every project. Developers across these projects are aware of the influence media can have on the perception of a crypto’s value.
There's a huge new pool of money that could be about to juice the bitcoin market, crypto ETF expert says
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It should be noted that crypto prices also started rising more quickly when Donald Trump lost the presidential election, so we should probably have a think about the notion that Trump might actually be Satoshi, and that now with more free time on his hands he is focusing on pumping the market. After all it is highly likely that he is a Japanese-trained quantum physicist (do make sure you get to 2:09 in this for proof of his knowledge of thermodynamics, and to 2:45 for evidence of his reading Japanese):
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As a result of the relationship between supply and demand, the price of a cryptocurrency can be manipulated to an extent. A concerted effort to match all the open orders on a particular crypto across several exchanges will create an artificial shortage.
Our Safemoon prediction for 2025 states that the coin could be valued at around $0.000025 if the developers can improve its current usability.
Safemoon launched on Binance Smart Chain (BSC) on March 8, which saw a 200-time increase within less than a month. That is to say, if someone invested 10,000 of the native token RMB 10,000 on March 3, they will have 2,000,000 RMB in April. Although Safemoon’s price has fallen to $0.000003, the investors may still be exposed to high rewards if they buy Safemoon now.
Digital token named after Elon Musk’s dog funds ‘full out marketing assault’ with fee on purchases Opinion & Analysis
Inspired by the hugely popular Netflix series Squid Game, the tokens had rocketed in value.
Profit-booking near the resistance line pulled the price back toward the critical level at $49.54 on Nov. 9. The strong rebound off this level on Nov. 10 suggests that bulls are defending this level with vigor.
Elon Musk: Tesla 'most likely' to accept Bitcoin again following suspension over environmental concerns
ETF approval has been in consideration by the SEC multiple times over the past few years, but BITO is the first to gain approval.
Bitcoin, Ether Crypto Coins Surge to New Highs Before Correction, Shiba Inu, Dogecoin Slip Continues
Binance and Coinbase listings remain a coveted goal for new cryptocurrencies such as SafeMoon. However, it can take some time to achieve this. For example, Coinbase only listed Shiba Inu Coin in mid-June.
First launched in March of 2021, Safemoon began to surge in price about a month later, thanks to effective marketing by the founding team.
At Cointelegraph, we are chronicling the ongoing story of cryptocurrency and the rise of a borderless, permissionless financial system. How will industry stakeholders work to make crypto a mainstay in people’s lives? How will crypto investments change the paradigm of the current financial system? And will incumbent and legacy systems accept or fight this change?