Think.Analyse
A major proposal to revamp Solana’s inflation system has been rejected by stakeholders, marking a significant moment in the network’s governance. Despite the failure of SIMD-228, the vote showcased an unprecedented level of participation, demonstrating the strength of Solana’s decision-making process. Solana’s Inflation Debate: What Was SIMD-228? The proposal, SIMD-228, aimed to replace Solana’s fixed…
Shiba Inu (SHIB) has once again faced intense selling pressure, struggling to maintain stability in a bearish-dominated market. A failed recovery attempt at a critical resistance level has left the meme coin vulnerable to further downside, raising concerns among investors. SHIB Rejected at $0.000013: More Pain Ahead? Despite brief efforts to regain lost ground, SHIB…
Cardano (ADA) is at a critical juncture as it battles strong resistance at the $0.75 mark, where the 200 Exponential Moving Average (EMA) stands firm. After four consecutive failed attempts to break past this level, ADA’s next move could determine its short-term trajectory. Current Price Momentum As of now, ADA is trading around $0.70, experiencing…
Bitcoin (BTC) is showing the first signs of a potential rally, with analysts predicting a massive price surge to $150,000 in the coming months. As BTC consolidates above $80,000 amid broader market uncertainty, key technical indicators suggest that a breakout is on the horizon. Bitcoin’s Strong Support and Historical Patterns According to TradingShot, a leading…
Ethereum (ETH) has seen a sharp decline in recent weeks, falling from $2,800 to below $2,000. This marks the first time in two years that ETH has dropped below its Realized Price, triggering a bearish sentiment among investors. However, key indicators suggest that a potential recovery could be on the horizon. Market Signals Hint at…
Solana (SOL) has been on an upward trajectory, gaining 1.77% in the last 24 hours. With buyers showing strength over sellers, many traders are wondering whether this momentum can carry SOL to new highs by the end of the week. SOL/USD: Key Resistance and Potential Breakout At the moment, SOL is trading near the local…
Bitcoin (BTC) experienced a significant price drop on March 15th, shedding over 8% from its all-time high. This sudden plunge comes amidst a wave of liquidations and a concerning decline in exchange-traded fund (ETF) inflows. Heavy Liquidations Signal Bearish Shift The crypto market witnessed a dramatic shift in sentiment on Thursday. Bitcoin’s price plummeted by…