Cena MultichainMULTI

Planet Lunch News 1. Musk changed the account name to Kekius Maximus at night; 2. Galaxy Digital was officially listed on Nasdaq with the stock code GLXY; 3. WLFI USD1 stablecoin integrated Chainlink CCIP to achieve multi-chain availability; 4. Argentine judge ordered the freezing of assets of key figures in the LIBRA project, including reviewing the financial transactions of President Miley and his sister; 5. The 5x short HYPE whale had a floating loss of US$12.06 million and withdrew 3 million USDC from Binance as margin again; 6. The 25x short ETH address has a floating profit of US$2.4 million, and it has been dormant for 4 years; 7. The suspected team address has transferred 6.7 million LDO to CEX in the past 20 hours, and 17.81 million LDO has been transferred to CEX in the past 4 days; 8. Ethereum spot ETF had a total net inflow of US$22.117 million yesterday, and none of the nine ETFs had a net outflow; 9. Bitcoin spot ETF had a total net inflow of US$260 million yesterday, continuing for 3 Daily net inflow; 10. Huang Licheng added another 36,759 HYPE shares.

Solv Protocol Launches RWA-Backed Bitcoin Yield Token SolvBTC.AVAX on Avalanche Solv Protocol announced that it has launched its yield-based Bitcoin token SolvBTC.AVAX on the Avalanche blockchain. SolvBTC.AVAX aims to provide yield to Bitcoin holders by investing in tokenized real-world assets (RWA). These RWAs include U.S. Treasury bonds and private credit from institutions such as BlackRock and Hamilton Lane. The token generates yield through a multi-protocol strategy involving multiple protocols such as Elixir, Euler, and Re7, and the yield will be issued in BTC format. (Cointelegraph)

WLFI USD1 stablecoin integrates Chainlink CCIP to achieve multi-chain availability World Liberty Financial announced that its U.S. dollar-backed stablecoin USD1 is now operable on multiple blockchains by integrating Chainlink's Cross-Chain Interoperability Protocol (CCIP). The first blockchains to be integrated include Ethereum and BNB Chain, and more chains are expected to be supported in the future. The USD1 stablecoin is backed by short-term U.S. Treasury bonds and fiat reserves held by BitGo Trust, and its market value has reached $2 billion. With CCIP integration, USD1 can be transferred securely and freely between different chains. (CoinDesk)

Bitcoin’s price slipped below $103,000 earlier today, but the bulls managed to defend that level, and the asset is back well above it now. However, several altcoins have marked massive losses over the past day, led by another double-digit price plunge from PI. Bitcoin started the business week on the right foot as its price shot up from under $104,000 to a multi-month peak of just shy of $106,000. This came as a direct consequence of the trade deal struck by the US and China. However, the asset couldn’t maintain its run and dropped by roughly five grand in the following hours to a weekly low of under $101,000. Nevertheless, the bulls didn’t allow a breakdown beneath $100,000, and the cryptocurrency began its recovery that pushed it to $105,000 by Thursday. Another rejection followed , and more volatility ensued on Friday, but overall, bitcoin has been able to remain in a relatively tight range between $102,500 and $104,000. The past 24 hours brought some more minor fluctuations around these levels, and BTC now stands close to the upper boundary. Its market cap has remained above $2.050 trillion on CG while its dominance over the alts has risen by over 0.5% daily to 60.4%. Most larger-cap alts have turned red in the past 24 hours. ETH has slipped below $2,500 after a 3% daily decline. A similar nosedive is evident from DOGE, while SHIB and LINK have dropped by over 4%. However, PI leads the pack in terms of the biggest daily losses. Pi Network’s native token has plummeted by 20% and sits below $0.7. Other larger-cap alts in the red today include PEPE, UNI, ONDO, AAVE, NEAR, APT, and more. The total crypto market cap has seen over $70 billion disappear in a day and is down to $3.4 trillion on CG.

Shiba Inu (SHIB) has always been a coin of high dreams and wilder speculation. With its fanbase aiming for $0.01 or even $1, the question resurfaces: can SHIB hit that dream mark by July 1, 2025? Let’s break down the reality based on the latest charts. As of May 17, 2025, SHIB is trading at $0.00001430. Both the hourly and daily charts indicate short-term bearish pressure. On the hourly chart, SHIB is stuck below all the key moving averages—20, 50, 100, and 200 SMA. The hourly price action is consistently getting rejected around the $0.00001536 and $0.00001553 marks, which represent the 100- and 200-hour SMAs, respectively. That’s a clear signal of weak momentum. On the daily chart, SHIB price recently failed to hold above $0.00001600 , which had acted as a breakout point in late April. After hitting a local high near $0.00001800, the coin retraced sharply and is now once again testing support near $0.00001314 (the 50-day SMA). Let’s do the math. SHIB is currently trading at: $0.00001430 To hit $1, it would need to rise by: $1 / $0.00001430 ≈ 69,930x That’s nearly a 70,000% increase, or a 6,993,000% gain from current levels. Even during the 2021 bull run frenzy, SHIB price best rally was around 48,000% over a longer timeframe. Hitting $1 in 45 days would require SHIB to double approximately every 2.5 hours—which is beyond any historical precedent in crypto. On the daily timeframe, SHIB price has immediate support at $0.00001314, which is the 50 SMA. Below that lies stronger support at $0.00001200. If this zone breaks, price could freefall toward $0.00001000. Resistance on the upside is currently at $0.00001536 and then at $0.00001800, followed by a major wall at $0.00002000. The 200-day SMA is still hovering way up near $0.00001828, indicating SHIB is not in a bullish trend yet on macro terms. In both timeframes, the price is below the 100- and 200-period moving averages. This confirms that bears are still in control. For a bullish reversal to occur, Shiba Inu price must reclaim and hold above the $0.00001600–$0.00001800 range, and show higher lows forming on the chart. That hasn’t happened yet. That’s a more realistic short-term target. If Shiba Inu price can defend the $0.00001314–$0.00001400 region and buyers step in again, a bounce to $0.00001800–$0.00002000 is possible. This would be a 40–50% upside move from current levels. Given the current structure, a slow recovery rally can emerge by late May, especially if broader crypto markets (Bitcoin, Ethereum) remain stable or bullish. But that’s a far cry from $1. The answer is a clear no. The technical data, historical performance, and math all reject the possibility of Shiba Inu price reaching $1 in the next 45 days. That kind of move would require a multi-trillion-dollar market cap—something even Bitcoin hasn't achieved. However, a rally to $0.00001800 or $0.00002000 is possible if SHIB flips key resistances and attracts new volume. For now, investors should watch for consolidation above $0.00001400 and be cautious of further dips toward $0.00001200. Shiba Inu (SHIB) has always been a coin of high dreams and wilder speculation. With its fanbase aiming for $0.01 or even $1, the question resurfaces: can SHIB hit that dream mark by July 1, 2025? Let’s break down the reality based on the latest charts. As of May 17, 2025, SHIB is trading at $0.00001430. Both the hourly and daily charts indicate short-term bearish pressure. On the hourly chart, SHIB is stuck below all the key moving averages—20, 50, 100, and 200 SMA. The hourly price action is consistently getting rejected around the $0.00001536 and $0.00001553 marks, which represent the 100- and 200-hour SMAs, respectively. That’s a clear signal of weak momentum. On the daily chart, SHIB price recently failed to hold above $0.00001600 , which had acted as a breakout point in late April. After hitting a local high near $0.00001800, the coin retraced sharply and is now once again testing support near $0.00001314 (the 50-day SMA). Let’s do the math. SHIB is currently trading at: $0.00001430 To hit $1, it would need to rise by: $1 / $0.00001430 ≈ 69,930x That’s nearly a 70,000% increase, or a 6,993,000% gain from current levels. Even during the 2021 bull run frenzy, SHIB price best rally was around 48,000% over a longer timeframe. Hitting $1 in 45 days would require SHIB to double approximately every 2.5 hours—which is beyond any historical precedent in crypto. On the daily timeframe, SHIB price has immediate support at $0.00001314, which is the 50 SMA. Below that lies stronger support at $0.00001200. If this zone breaks, price could freefall toward $0.00001000. Resistance on the upside is currently at $0.00001536 and then at $0.00001800, followed by a major wall at $0.00002000. The 200-day SMA is still hovering way up near $0.00001828, indicating SHIB is not in a bullish trend yet on macro terms. In both timeframes, the price is below the 100- and 200-period moving averages. This confirms that bears are still in control. For a bullish reversal to occur, Shiba Inu price must reclaim and hold above the $0.00001600–$0.00001800 range, and show higher lows forming on the chart. That hasn’t happened yet. That’s a more realistic short-term target. If Shiba Inu price can defend the $0.00001314–$0.00001400 region and buyers step in again, a bounce to $0.00001800–$0.00002000 is possible. This would be a 40–50% upside move from current levels. Given the current structure, a slow recovery rally can emerge by late May, especially if broader crypto markets (Bitcoin, Ethereum) remain stable or bullish. But that’s a far cry from $1. The answer is a clear no. The technical data, historical performance, and math all reject the possibility of Shiba Inu price reaching $1 in the next 45 days. That kind of move would require a multi-trillion-dollar market cap—something even Bitcoin hasn't achieved. However, a rally to $0.00001800 or $0.00002000 is possible if SHIB flips key resistances and attracts new volume. For now, investors should watch for consolidation above $0.00001400 and be cautious of further dips toward $0.00001200.