The Shiba Inu price has successfully rallied past $0.000024 during this bull run amid a soaring SHIB burn rate and a surge in whale activity. Despite bearish pressures for memecoins due to profit bookings after displaying a bullish momentum, the rising trading volume suggests long-term growth for the Shiba Inu price.
Furthermore, the anticipated approval of Solana ETF is expected to propel SOL price to new highs as the market expects another bullish leg-up in December. These bullish predictions for the viral SHIB and SOL prices are triggering inflows in these cryptos that can lead them to new all-time highs this year.
Shiba Inu Price Soars After 290,321 SHIB Tokens Were Burned
After a meteoric 54% surge in a month, SHIB memecoin has been highly profitable for investors. The rising, burning rate has also influenced the Shiba Inu price as 290,321 SHIB tokens were burned on November 18. Furthermore, the SHIB influence is rising in the technical market more than a memecoin, sparking optimism about its real-time world scalability in the upcoming years, potentially with an ETF launch.
Whale data suggests that the Shiba Inu price is ready for a bullish leg-up, as large holders are accumulating huge amounts of SHIB tokens for an extended bullish rally in December. Experts predict that If the Shiba Inu price successfully retests the $0.000024 level amid bears, the memecoin can skyrocket toward the $0.00003 level before the dawn of 2025.
Solana (SOL) Prices Soars After Sigel Reveals ETF Timeline
Solana (SOL) is breaking bearish odds amid sluggish BTC momentum, displaying a bullish rally above the $245 threshold this week. Solana has crossed $70 billion in DEX trading volume for the first time in history, signaling large whale accumulation and investor trust. SOL price has gained 54.9% over the past month, continuing to see a new ATH this season.
The main traction for the SOL community and industry experts is the upcoming Solana ETFs under Trump’s administration. VanEck’s head of digital asset research, Sigel has also voiced optimism for the approval of Solana ETFs and the commencement of trading by the end of next year. This highly optimistic factor for Solana (SOL) can trigger a bullish rally toward the $400 level next year.
DTX Exchange (DTX) Rivals Crypto Giants With $8.1M Presale
DTX Exchange (DTX) has been exploding in the second half of 2024 as global traders look forward to its cutting-edge trading technology and industry-relevant features. The hybrid project DTX Exchange provides traders with a competitive edge with quant and algo trading, merging of stocks and crypto pairs, 1000x leverage, and advanced automation techniques.
The DTX platform has pioneered the first-ever hybrid layer-1 blockchain, providing a seamless trading environment with access to over 120k+ trading pairs across cryptos, stocks, CFDs, bonds, forex, and equities. Traders can maximize their profits by contributing to liquidity pools, leveraging DTX’s passive income strategies that incentivize their participation in the platform’s growth.
After raising a ground-breaking $8.1 million in the public presale batch 5, the global community is shocked by DTX Exchange’s bullish ascent to the top leaderboard positions in this cycle. Traders buy this KYC-free DTX token at $0.1 as experts predict a stellar 1000% rally for the Defi token after its anticipated Q4 mainnet launch.
Final Thoughts
Shiba Inu (SHIB) and Solana (SOL) continue to steal the spotlight with their bullish trends. Shiba Inu price is poised for a sky-high rally while the Solana community awaits an ETF launch by the end of next year. However, DTX Exchange (DTX) stands out as a game-changer in the crypto space, delivering robust alternatives to traditional memecoin investments for ground-breaking returns this year after its exchange listing in 2024.
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