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MainNewsCrypto Is St...

Crypto Is Stronger Than Ever – Shiba Inu Team Member Proclaims Confidence

Crypto Is Stronger Than Ever – Shiba Inu Team Member Proclaims Confidence

As cryptocurrencies continue to demonstrate their presence in the global financial landscape, Lucie, a major member and marketing lead of the Shiba Inu team has declared that “crypto is stronger than ever,” demonstrating her unwavering confidence in the potential of digital assets in the world’s financial landscape.

Lucie’s pronouncement, which reflects the increasing confidence and optimism within the digital asset community, comes during a time of increased interest and investment in digital currencies.

Lucie Expresses Robust Confidence In Crypto Assets

In a recent post on the X (formerly Twitter) platform, Shiba Inu team member Lucie has revealed her underlying trust in cryptocurrencies, as interest in the digital asset industry continues to rise. Given the recent development witnessed in the industry, Lucie believes that the currencies are currently demonstrating a strength not seen before.

According to the Shiba Inu marketing lead, there was a period when governments and the global community did not view the assets with much seriousness. During this period, Lucie noted that these governments and global communities routinely treat and control millions of individuals, of which she believes their actions come with repercussions.  However, due to recent positive developments, the Shiba Inu member claims that this sentiment is already starting to change, while noting that crypto is stronger than ever and they are here to stay.

The post read:

There was a time when governments and the world didn’t take crypto seriously, but the shift is beginning. You can’t just go around treating and manipulating millions of people without consequences. Crypto is stronger than ever and won’t disappear.

Further expanding on the digital asset‘s strength, the Shiba Inu team member has underscored their potential to become a normal aspect of life in every family. “We are SHIB people who celebrate our assets and DApps, but this applies to all quality crypto not the weak, but the strong,” she added.

Digital Assets Become A Significant Part Of US President Elections

The Shiba Inu marketing lead’s proclamation is evidenced by the upcoming United States 2024 GOP Presidential elections, in which digital assets have become a major topic. Since this year, Republican Presidential Candidate Donald Trump has continuously showcased his support for the currencies, bringing it up in every one of his campaigns over time. 

Trump became the first candidate from a major party to accept digital currencies, by adopting political donations for his campaigns in the form of these assets. The former US president is bent on driving innovation in the country, as he promises a smooth and transparent environment for these assets should he emerge as the next president.

Trump’s actions highlight how these currencies are currently playing a significant role in the political debate, which is indicative of their expanding importance and adoption.

He has further demonstrated his endorsement of digital currencies following his choice of US Senator J.D Vance, a pro-crypto champion as his Vice President. Members in the industry already consider the union as a pro-crypto presidential ticket.

Crypto
Read the article at Bitcoinist

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‘Time Is a Flat Circle’ – Analyst Sees Solana (SOL) Mirroring 2021 Price Action That Led to Nearly 980% Rally


Jul, 17, 2024
2 min read
by The Daily Hodl

A closely followed analyst thinks Solana (SOL) may be repeating a pattern witnessed three years ago before the smart contract platform surged to its all-time high.

Pseudonymous analyst Inmortal tells his 214,700 followers on the social media platform X that Solana appears to be printing a series of bullish higher-low setups on the two-day chart after briefly soaring above $200 earlier this year.

According to the analyst, SOL flashed the same pattern in Q2 to Q3 of 2021, just before Solana ignited a parabolic surge from $24 to its all-time high of $259, an over 979% increase.

“Time is a flat circle.

SOL.” 

Image
Source: Inmortal/X

Looking at the trader’s chart, he seems to predict that SOL will rally toward a fresh record-high at around $500. At time of writing, SOL is worth $159.

The analyst is also bullish on gaming altcoin Beam (BEAM). The analyst shares a chart suggesting that BEAM will surge above $0.03 after recovering $0.016 as support.

“Shopping day.

BEAM.” 

Image
Source: Inmortal/X

At time of writing, BEAM Is trading at $0.0175.

Turning to the native asset of the real world assets (RWA) protocol TokenFi (TOKEN), the analyst thinks that the altcoin is currently flashing a bullish setup after reclaiming support at $0.08.

“If they approve ETH ETF this week, tokenization/RWA plays should fly, in my opinion. 

TOKEN is one of my favorites.

> Price back above key level
> Deviation setup
> Leading the sector.” 

Image
Source: Inmortal/X

At time of writing, TOKEN is worth $0.0816, up over 13% on the day.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post ‘Time Is a Flat Circle’ – Analyst Sees Solana (SOL) Mirroring 2021 Price Action That Led to Nearly 980% Rally appeared first on The Daily Hodl.

Read the article at The Daily Hodl

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