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A massive 15,566,450 SHIB transaction has recently caught the attention of the Shiba Inu community. The uniqueness of the transaction is the destination wallet, which points to burning. According to Shibburn, 15,566,450 SHIB tokens were transferred to a dead wallet in a single transaction, removing them from circulation. This burn event is part of Shiba Inu’s ongoing deflationary strategy, which aims to reduce SHIB's total supply and potentially increase scarcity-driven value. 🔸 15,566,450 SHIB -> transferred to dead wallet. — Shibburn March 8, 2025 While the actual originator of this burn is unknown, such transactions are often carried out by community members or projects seeking to contribute to Shiba Inu's scarcity. Shibburn reported a similar transaction, in which 12,970,363 SHIB were transferred to a dead wallet. These two transactions have contributed to a massive surge in the Shiba Inu burn rate, which is up a whopping 3,253% in the last 24 hours. In this time frame, 29,323,261 were burned, and 103,929,094 were burned in the last seven days. 🔸 SHIB price in red Despite this burn, SHIB's price remains in red, as broader market trends and investor sentiment continue to play a larger role in determining its trajectory. At the time of writing, SHIB was down 5.43% in the last 24 hours to $0.0000128, continuing its decline from Friday into the second day. Shiba Inu is down 7.12% weekly. Amid the price lull, the SHIB community, however, remains engaged, closely monitoring further burns and ecosystem developments. In a separate tweet, Susbarium, a Shiba Inu X account focused on protecting the Shiba Inu community and exposing scams, has issued a crucial alert to the Shiba Inu community. In a tweet, Susbarium urged the Shiba Inu community to beware of fake "verify & claim" posts, as these scams can drain users' wallet assets. To stay safe, Shiba Inu holders are urged not to click on suspicious links. They should also verify information through official sources. #SHIB #Shibainu

Overview of Red Coin ($RED ) $RED Coin is a cryptocurrency designed with a focus on social impact, community-driven initiatives, and charitable causes. Unlike many cryptocurrencies that prioritize financial gains or technological innovation, $RED Coin aims to leverage blockchain technology to create positive social change. It often partners with non-profit organizations, NGOs, and community projects to fund and support sustainable development goals. Key Features of $RED Coin 1. Social Impact Focus: - $RED Coin is built to support charitable causes, such as poverty alleviation, education, healthcare, and environmental sustainability. - A portion of transaction fees or mining rewards is often allocated to fund social impact projects. 2. Decentralized Governance: - $RED Coin typically employs a decentralized governance model, allowing token holders to vote on key decisions, such as fund allocation for projects or protocol upgrades. 3. Blockchain Technology: - $RED Coin operates on its own blockchain or a well-established platform (e.g., Ethereum, Binance Smart Chain) to ensure transparency, security, and low transaction costs. - Smart contracts are often used to automate donations and ensure funds are distributed as intended. 4. Staking and Rewards: - Users can stake $RED Coin to earn rewards, with a portion of the staking rewards often directed toward social impact initiatives. - This mechanism encourages long-term holding and community participation. 5. Transparency and Accountability: - $RED Coin emphasizes transparency by providing public access to transaction records and fund allocation details. - Regular audits and reports are published to ensure funds are used effectively. Use Cases 1. Charitable Donations: - $RED Coin can be used to donate directly to charitable organizations, with blockchain ensuring traceability and accountability. 2. Crowdfunding for Social Projects: -Communities can propose and fund projects through $RED Coin’s platform, with token holders voting on which initiatives to support. 3. Microtransactions for Social Good - Red Coin’s low transaction fees make it suitable for microtransactions, enabling small donations to reach those in need.

$RED is A Scam

Introduction $AB Coin has experienced notable fluctuations over the past week, reflecting both internal factors and broader market trends. Understanding its recent performance compared to the overall cryptocurrency market can help investors and traders make informed decisions. This article provides a deep analysis of AB Coin’s price movement, trading volume, and investor behavior over the last seven days. We will also explore how external market conditions, such as Bitcoin’s price action and global economic trends, have impacted AB Coin. --- 1. AB Coin’s 7-Day Performance Overview Over the past week, AB Coin has seen a significant drop of 8.67%, indicating a bearish trend. Let’s break down its key performance metrics: Price movement: The coin reached a high of $0.01325 but also dipped to $0.01131, showing volatility. Trading volume: 24-hour trading volume stood at 795.8M, suggesting high activity despite the decline. Fund flow trends: Large orders: More large sell orders (46.97%) than large buy orders (38.06%) indicate bearish sentiment. Net inflow: Negative at -673.93K AB, meaning more sellers than buyers in large transactions. This suggests that institutional investors or whales may be offloading AB Coin, contributing to its price drop. --- 2. How Does This Compare to the Overall Market? To understand whether AB Coin’s decline is an isolated event or part of a broader trend, let’s compare it to the general crypto market: Market-Wide Trends Bitcoin & Ethereum Influence: Bitcoin and Ethereum often set the tone for the crypto market. If BTC is down, most altcoins—including AB Coin—tend to follow. Macroeconomic Factors: High inflation, interest rate hikes, or regulatory changes can impact the entire crypto sector. Other Altcoins’ Performance: Many small-cap coins have seen similar declines, suggesting a sector-wide correction rather than AB Coin-specific issues. If the overall market is down, AB Coin’s decline may just be a reflection of broader market conditions. However, if other altcoins are performing well while AB Coin is dropping, it could indicate specific issues with AB Coin itself. --- 3. Factors Impacting AB Coin’s Price in the Last 7 Days Several factors have contributed to AB Coin’s recent price movement: A. Technical Factors Moving Averages (MA): The price recently crossed below short-term moving averages (MA5, MA10), signaling bearish momentum. Candlestick Patterns: Recent red candlesticks indicate strong selling pressure. Volume Trends: A decrease in buying volume suggests a lack of bullish momentum. B. Investor Sentiment & Whale Activity Whale Sell-Offs: Large sell orders dominating the market suggest big players are exiting. Retail Investors: If small investors panic-sell due to price drops, it can accelerate declines. C. External Market Events Bitcoin Price Action: If BTC dropped significantly in the last week, AB Coin may have followed suit. Crypto Regulation News: Any new regulations or exchange delistings could negatively impact AB Coin. Global Economic Trends: A weak stock market or economic uncertainty can lead to lower crypto investments. --- 4. What This Means for Investors & Traders Understanding AB Coin’s recent performance compared to the market can help traders strategize their next move: If AB Coin Dropped More Than the Market This could signal project-specific problems, such as low adoption or negative news. Traders may want to wait for stability before re-entering. If AB Coin Dropped at the Same Rate as the Market This suggests the decline is due to external factors, not AB Coin itself. Investors can monitor Bitcoin and Ethereum trends to predict AB Coin’s next move. If the Market Recovered but AB Coin Didn’t This may indicate weakening investor confidence in AB Coin. Traders should check for fundamental news about AB Coin’s ecosystem. --- 5. Will AB Coin Recover? Predictions & Future Outlook While AB Coin is currently facing downward pressure, several factors could influence its recovery: Market Sentiment Improvement: If Bitcoin and Ethereum rally, AB Coin could follow. Increased Buying Volume: A shift in fund flow toward buying could signal recovery. Technical Breakout: If AB Coin breaks above resistance levels, it could trigger a bullish trend. However, if selling pressure continues, AB Coin may test lower support levels before stabilizing. --- Conclusion AB Coin has faced a significant decline over the last 7 days, largely driven by large sell-offs, market sentiment, and technical weakness. When compared to the broader market, its movement suggests that macro factors are playing a role, but investor confidence in AB Coin specifically might also be a concern. For traders, it’s essential to watch for volume shifts, market trends, and Bitcoin’s movement to determine AB Coin’s next direction. Whether it rebounds or continues to decline will depend on market conditions, whale activity, and technical breakouts in the coming days.

XRP, the fourth largest cryptocurrency by market capitalization, recently showed a notable technical signal — a death cross on its hourly chart — which many traders deem a sign of bearish momentum. This pattern, which occurs when a short-term moving average dips below a longer-term moving average, has emerged in the present market uncertainty. Advertisement In the case of XRP, the hourly moving average of 50 has crossed below the hourly moving average of 200, indicating a "death cross."XRP/USD Hourly Chart, Courtesy: TradingViewThe hourly death cross suggests that XRP's short-term performance is under strain, reflecting broader market volatility. Although technical signals like these are not definitive predictors of future price movements, they serve as cautionary signals for investors to reassess their positions. HOT Stories XRP Hourly Death Cross Forms Amid Market Volatility: What's Next? Ripple CTO Reacts to Vulnerability Affecting Billion Devices Tim Draper on Stategic Bitcoin Reserve: 'Awesome. Make Sure You Have Some' Fed's Jerome Powell Drops Insight; Here's How Crypto Market Reacted Related Fri, 03/07/2025 - 16:02 Long-Term XRP Whale Hits World's Largest Exchange: Details Gamza Khanzadaev Advertisement Although the formation of the death cross may signal potential bearish trends, it is important to note that short-term technical indicators can sometimes be fleeting or produce false signals in highly volatile markets. Various technical and fundamental factors can be adjudged to decide XRP's next market move.XRP price actionXRP was trading in the red in early Sunday's session, extending its drop from highs of $2.62 on March 7. XRP’s price drop coincided with the Crypto Summit on Friday as hopes for its inclusion in a strategic crypto reserve faded. Related Sat, 03/08/2025 - 14:24 XRP Whale Alert: $380,084,007 XRP Moved in Minutes Tomiwabold Olajide At the time of writing, XRP was down 1.3% in the last 24 hours to $2.31. According to crypto analyst Ali, XRP is consolidating within a symmetrical triangle. A breakout could spark a 23% price move.If the breakout resolves to the upside and buyers drive the price above $3, XRP may gain momentum and hit $3.40. Sellers will try to defend the $3.40 level with all their might because, if they fail in their endeavor, XRP could skyrocket toward $5.The RSI near the midpoint suggests rangebound action in the short term. If the decline continues, XRP could fall to $2.20. Buyers are expected to fiercely defend the $2.20 to $2.00 zone. If this fails, XRP may retest support at $1.79 or the daily SMA 200 at $1.60. $XRP