The post ‘Uptober’ in Shambles As Favorite Altcoins -Ethereum (ETH), Shiba Inu (SHIB) Pull Bearish Returns; DigiHorse (DIGI) Tops List Of Must-Buy Tokens appeared on BitcoinEthereumNews.com.

Following the market surge that characterized the last days of September, there were a lot of hopes held high for October. However, these have been dashed in the light of recent events such as the Israel-Iran geopolitical tension. Shiba Inu (SHIB) has erased its 23% surge of September 27th, and has fallen to $0.00001648. Equally, Ethereum (ETH)’s price is slashed by over 12%, thereby resulting in over $66 Million loss.  In contrast, DigiHorse ($DIGI) has been listed as one of the tokens to look out for in the fourth quarter of the year. The token has made headlines in the past month and has helped salvage the impacts of volatility in the crypto world as investors seek diversification as the ultimate solution.  Shiba Inu (SHIB) Erases New Gains  As It Tumbles Over 13%  Shiba Inu (SHIB) is not left out of the market turmoil as it erases its recent gains. Last week, SHIB attained an all-time high at $0.00002156; but this has completely been reduced to $0.00001648. Thus, the meme coin has been down by 13,3% in the past days. Nevertheless, investors are optimistic about a possible rally. The token official handle tweeted this urging users to quote the thread with what they would do in the event of the surge.  Moreover, Shiba Inu (SHIB) has commenced the burning of its tokens- up to 2.4 billion. Usually, burning of tokens is expected to drive up value as demand increases. Therefore, analysts are optimistic about a potential price surge.  Ethereum (ETH)’s Holders Panicked As Whales Activities Intensify  Ethereum’s holders have gone into panic over a $66 million dip, happening as a result of intense whales’ activities. With each passing day, the selling pressure among the Whales intensifies; for instance, two major transactions worth $27,891 were detected earlier today from a private…

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Filed under: News - @ October 10, 2024 3:28 pm