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SHIB's Price Action Attracts Attention from Crypto Execs Shiba Inu's (SHIB) recent price surge has caught the attention of two prominent crypto executives, with one buying in and the other planning to sell. Recent Purchases Rune Christensen, co-founder of MakerDAO (MKR), made two significant purchases of SHIB tokens: 1. 7.41 billion SHIB tokens on March 1st 2. 17.62 billion SHIB tokens on March 3rd The first purchase was followed by a 60% increase in SHIB's price, and the second purchase led to an additional 20% price jump. Selling Pressure On the other hand, Justin Sun, founder of Tron (TRX), has been accumulating SHIB tokens and storing them in cold storage. However, a recent transfer of $544,400 worth of SHIB tokens suggests that Sun may be planning to sell. Market Reaction Despite the contrasting actions of these two crypto executives, SHIB's price seems to be unaffected. The token's price has continued to surge, with some speculating that the buying pressure from Christensen and others may be outweighing the selling pressure from Sun. Conclusion The recent purchases and potential sale of SHIB tokens by prominent crypto executives have brought attention to the token's price action. While the market reaction is uncertain, one thing is clear: SHIB's price surge has caught the attention of the crypto community, and its future performance will be closely watched.

SHIB’s price action entices these execs – What’s happening? While one founder bought, the other plans to sell. But SHIB does not seem to care. Rune Christensen, co-founder of MakerDAO [MKR] bought 7.41 billion Shiba Inu [SHIB] tokens on the 1st of March. But he did not stop there. According to data AMBCrypto got from Spot On Chain, Christensen bought another 17.62 billion on the 3rd of March. Between the first purchase and the second one, SHIB’s price increased by 60%. Interestingly, moments after he added the latest one, worth $400,000, SHIB’s price jumped by another 20%. However, Christensen is not the only crypto founder involved in interacting with the Shiba Inu token. A few weeks back, Tron’s [TRX] founder Justin Sun accumulated some SHIB and sent them into cold storage. However, a recent post by blockchain security platform PeckShieldAlert, confirmed that Sun had transferred $544,400 worth of.

RUNE Price Reversal Breaks Pullback Trendline, Eyes 50% Hike With a lower high formation trend, the RUNE price is challenging the dynamic resistance of the 50D EMA. Further, the increasing momentum in Thorchain as it sustains above the 200D EMA signals an intense bull run coming in for the altcoin.  As the uptrend is gaining momentum, the breakout run in Thorchain eyes crossing the overhead Fibonacci level for a sharp rise. So, Will Thorchain reach $100 in 2024 in the upcoming altcoin season? To answer such queries, read our RUNE price prediction now. Source- TradingView Taking support from the 200D EMA, the RUNE price breaks above the pullback phase and challenges the 50D EMA. Further, the lower high formation leads to a support trendline in motion, that confirms an ascending triangle with the neckline at $5. The bullish reversal from the 200D EMA presents an inverted head and shoulder with a .

Crypto Market Update: Navigating the Storm The crypto market is experiencing a downturn, with regulatory worries, sentiment shifts, and global economic jitters contributing to the decline. Let's break down the key factors and notable coins: Key Factors Contributing to the Downturn 1. Regulatory Worries: SEC actions and potential new rules are causing market uncertainty. 2. Sentiment Shift: Investors are becoming cautious, shifting from "HODL forever" to "Maybe I should secure some profits?" 3. Global Economic Jitters: Inflation, rising interest rates, and geopolitical tensions are adding to market anxiety. Notable Coins and Their Stories 1. $WIF (Wolf of Crypto): -15.18% in 24h 2. $FLOKI (The Viking Meme): -14.41% in 24h 3. $RUNE (Thor's Hammer): -13.64% in 24h 4. $PEPE (The Meme Frog): -13.14% in 24h 5. $LTC (Litecoin): -13.19% in 24h 6. $BONK (The Bark with Bite): -13.15% in 24h 7. $THETA (Streaming King): -12.93% in 24h 8. $FTM (DeFi's Bright Spot): -11.99% in 24h 9. $EOS (Blockchain Veteran): -11.87% in 24h 10. $DYDX (Trader's Edge): -11.54% in 24h Precautions to Take 1. Stay Informed: Markets move fast—knowledge is power. 2. Diversify: Spread your investments to minimize risks. 3. Risk Management: Only invest what you can afford to lose. Set stop-losses to avoid surprises. 4. Think Long-Term: Short-term dips don’t mean long-term doom. Keep your cool and stick to your plan. Final Thoughts Every dip is a setup for a bounce! Stay calm, stay sharp, and maybe grab those discounted coins you've been eyeing. What's your strategy today?

🚨 Crypto Market Update! 🚨 Today’s market feels like a wild rollercoaster ride—except it’s going in reverse! 🚂 Let’s break it down and navigate through the storm together. 🔍 Why the Market is Dumping: 1. ⚖️ Regulatory Worries: The SEC’s latest actions are making the market jittery. Potential new rules have investors walking on eggshells. 2. 📉 Sentiment Shift: It seems like the vibe has moved from “HODL forever” to “Maybe I should secure some profits?” Upcoming Fed decisions are adding fuel to the uncertainty fire. 3. 🌍 Global Economic Jitters: Inflation is the bad sequel we didn’t ask for. Coupled with rising interest rates and geopolitical tensions, the market’s feeling the heat. 🚀 Notable Coins and Their Stories: 🐺 $WIF (Wolf of Crypto): Market Cap: $2.30B Price: $2.297 24h Change: -15.18% 🔎 Info: #WIF is fighting to stay top dog in the meme coin pack. Despite today’s dip, the community remains howling loyal, waiting for its next rally. 🐕 $FLOKI (The Viking Meme): Market Cap: $1.83B Price: $0.0001901 24h Change: -14.41% 🔎 Info: #FLOKI’s “to Valhalla or bust” journey continues. With creative marketing and a solid fanbase, it’s still a key player in the meme coin wars. 🌟 $RUNE (Thor’s Hammer): Market Cap: $2.00B Price: $5.799 24h Change: -13.64% 🔎 Info: Known for bridging blockchains, #RUNE is feeling the storm. But its DeFi utility might anchor it when calm returns. 🐸 $PEPE (The Meme Frog): Market Cap: $8.08B Price: $0.00001923 24h Change: -13.14% 🔎 Info: The unexpected hero of meme coins, #PEPE is just catching its breath before another leap. Its community is always ready to jump back in. 💰 $LTC (Litecoin): Market Cap: $8.19B Price: $108.67 24h Change: -13.19% 🔎 Info: The OG altcoin is feeling the pinch but remains a go-to for faster, cheaper transactions. 🐶 $BONK (The Bark with Bite): Market Cap: $2.35B Price: $0.00003096 24h Change: -13.15% 🔎 Info: #BONK is barking in the meme coin race, but today’s dip has it catching its breath. 🌐 $THETA (Streaming King): Market Cap: $2.33B Price: $2.323 24h Change: -12.93% 🔎 Info: #THETA’s decentralized video tech is groundbreaking, but the current market is a tough crowd. 🌈 $FTM (DeFi’s Bright Spot): Market Cap: $3.23B Price: $1.150 24h Change: -11.99% 🔎 Info: #FTM’s scalability makes it a DeFi favorite, even if today’s colors are muted. 🌍 $EOS (Blockchain Veteran): Market Cap: $1.38B Price: $0.9001 24h Change: -11.87% 🔎 Info: #EOS remains a pillar for dApps despite today’s rough ride. 📉 $DYDX (Trader’s Edge): Market Cap: $1.21B Price: $1.702 24h Change: -11.54% 🔎 Info: #DYDX is pushing decentralized trading forward. Even in a slump, its innovations stand out. 💡 Precautions to Take: 1. 📖 Stay Informed: Markets move fast—knowledge is power. 2. 📊 Diversify: Spread your investments to minimize risks. 3. 🔴 Risk Management: Only invest what you can afford to lose. Set stop-losses to avoid surprises. 4. ⏳ Think Long-Term: Short-term dips don’t mean long-term doom. Keep your cool and stick to your plan. ✨ Final Thoughts: Yes, it’s a red day, but remember, every dip is a setup for a bounce! Stay calm, stay sharp, and maybe grab those discounted coins you’ve been eyeing. 📢 What’s your strategy today? HODLing, buying the dip, or just watching from the sidelines?