FMP
May 16, 2024 9:31 AM - Parth Sanghvi
The official marketing lead of the Shiba Inu team, Lucie, has taken to her account on the X social media platform (formerly known as Twitter) to issue an announcement about the SHIB, BONE, and LEASH price behavior she expects to see during a hypothetical approaching altcoin season.
She explained, for crypto beginners, what an alt season is and revealed the main drivers that cause it to happen. Lucie believes that it is “a fantastic opportunity” for Shibarium, its main coins SHIB, BONE, and LEASH, and for the Shib army as well.
As it happens, the unique features of Shibarium can attract the attention of a wider cryptocurrency community and its adoption would enhance the ecosystem. A higher trading volume of Shibarium tokens would ensure an increase in liquidity, and trading these tokens would become easier.
Lucie assured the community that an alt season is not only about taking profits off the table, but it is also “a chance to showcase #Shibarium's potential and cement its place in the crypto world.”
Once investors holding Bitcoin see it surging to new highs, they begin to sell to lock in profits. Afterwards, having withdrawn money from the paramount crypto, they begin to invest it into altcoins - they are cheaper to get and promise bigger potential profits. They also begin to look for a cryptocurrency with major potential in the near future. Altcoin prices begin to surge, surpassing Bitcoin's growth.
For more cryptocurrency insights and updates, stay tuned to the latest news using the Crypto News API.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
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Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
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