Shiba Memu, Bitcoin Cash, Algorand

2023-08-08

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Shiba Memu token has raised over $1.64 million from traders.
It is without doubt one of the hottest upcoming crypto tokens on this planet.
It combines key industries like AI and meme cash.

Cryptocurrency costs moved sideways whilst American equities jumped. Bitcoin remained barely above $29,000 whereas the full market cap dropped by 0.42% to $1.16 trillin. The Dow Jones and the Nasdaq 100 indices jumped by over 0.65% as traders embraced a risk-on sentiment. This text will have a look at the forecast for key cryptocurrencies like Bitcoin Money, Algorand, and Shiba Memu.

Shiba Memu prediction

Shiba Memu is an upcoming cryptocurrency that’s aiming to mix key applied sciences like synthetic intelligence and meme cash. Its objective is to benefit from probably the most hyped industries this yr.

In AI, among the best-performing corporations and cryptocurrencies have been within the business. A few of these companies are Nvidia, Microsoft, and C3.ai whereas the most well-liked crypto AI platforms are SingularityNET and Fetch.Ai.

Shiba Memu goals to be a greater various to different well-liked cryptocurrencies like Shiba Inu, Dogecoin, and Pepe. It’s also benefiting from AI expertise by self-marketing. It is going to try this by self-responding to person inquiries and develop from their suggestions.

Shiba Memu could have several technologies, together with Pure Language Processing (NLP), Sentiment evaluation, predictive evaluation, and personalization amongst others.

Shiba Memu’s token sale has gained traction prior to now few weeks. It has already raised over $1.6 million from world traders. The value of the token is rising every day. You should purchase the Shiba Memu token here.

Bitcoin Money value prediction

The 4H chart reveals that the BCH value has moved sideways prior to now few days. This value motion has mirrored that of Bitcoin, which has additionally dropped from the year-to-date excessive of $31,388 to $29,000. BCH value has moved barely above the 25-period and 50-period transferring averages.

The value was additionally barely above the 38.2% Fibonacci Retracement degree. On the identical time, the Relative Power Index (RSI) has moved barely above the impartial level at 60. Due to this fact, Bitcoin Money value will doubtless stay on this vary for some time. The important thing assist and resistance ranges to observe will probably be at $219 and $260.

Algorand value prediction

Algorand has been beneath stress prior to now few months. This stress intensified lately when AlgoFi, the largest DeFi platform within the ecosystem collapsed. ALGO value is consolidating on the 25-day and 50-day transferring averages whereas the Relative Power Index (RSI) drifted upwards.

The Common True Vary (ATR) has drifted downwards whereas the worth is above the important thing assist degree at $0.1043. Quantity has been constrained prior to now few weeks. Due to this fact, the token will doubtless stay in a good vary within the coming days. The important thing assist and resistance ranges to observe will probably be at $0.10 and $0.12.