Furrever Token’s 2024 ROI Forecast: Comparable to Solana, SHIB
The post Furrever Token’s 2024 ROI Forecast: Comparable to Solana, SHIB appeared on BitcoinEthereumNews.com.
In this article, we examine the latest developments and market outlook for three notable cryptocurrencies: Solana (SOL), Shiba Inu (SHIB), and Furrever Token (FURR). From Solana’s recent discounted asset sale and the ensuing selling pressure to Shiba Inu’s struggle with key support levels and Furrever Token’s enticing presale returns, we provide a comprehensive analysis of these digital assets. Solana (SOL) Faces Risk of Selling Pressure! FTX’s assets completed its sale to Solana at a discount, with buyers including Figure Markets and Pantera Capital. The assets of the bankrupt cryptocurrency exchange FTX, 2, Completed the sale of $6 billion worth of discounted Solana (SOL) tokens. Pantera Capital also participated in the recent auction, but details about the price they paid were not disclosed. Both FTX ownership and the purchasing companies have not yet responded to requests for comment on the transactions. FTX, run by convicted fraudster Sam Bankman-Fried, owes more than two million customers and over $11 billion to other creditors. Pantera Capital, which previously tried to raise $250 million to purchase Solana tokens from FTX, was also one of the winning bidders in an earlier auction held in April. The firm’s continued interest and investment underscores the value and potential they see in Solana despite ongoing turbulence in the market. Shiba Inu (SHIB) Loses Key Support Level Despite a myriad of hurdles, Shiba Inu (SHIB) was unable to hold strength above the $0.000024 mark and as price started gaining downward pressure again, the bears were back in town. The dip has increased the chances of a bearish crossover that can be expected between the 50-day and 100-day EMAs, pushing prices further down. SHIB investors are now feeling the pain as token prices have dropped below the key $0.000024 support level, which is vital to kickstart a new uptrend. Would have…
Filed under: News - @ May 26, 2024 12:22 am