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Listen…
A year ago, when i bought $KAS at 0.0007 people were laughing at me when i told them it’s gonna 100x.
Well.. who’s laughing now?
When you have alot of conviction in a project, go big or go home.
That’s what i did with #kaspa.
I aped $15k initially and bought more on dips.
That paid off, BIG TIME.
Well, i found another gem similar to kaspa but way smaller, only 2m market cap.
I want ALL my followers to get rich with #crypto.
Many people will regret not following me.
#bitcoin won’t make you rich, you have to buy #altcoins.
I also made huge gains with $DIONE, $ATOR, $HILO, $RVF, $QUBIC, $DNX, $ZEPH & more.
LFG. Avalanche (AVAX) surges by over 29%
Avalanche (AVAX) has experienced an impressive surge of over 29% in the past 24 hours, reaching a high of $24, marking its peak in 15 months.
This significant resurgence in Avalanche’s price has been due to a recent collaboration announcement between Onyx, JPMorgan, and Apollo Global.
This collaboration is part of Project Guardian, which aims to integrate LayerZero Labs, connecting Onyx with a permissioned Avalanche Evergreen Subnet.
The primary goal is to streamline fund subscriptions and redemptions for WisdomTree Prime, representing a substantial step forward in reshaping the asset and wealth management industry.
The successful test conducted by Onyx and Apollo Global, utilizing blockchain technology, demonstrates the potential for automated portfolio management.
The integration of Avalanche Evergreen Subnets and customized blockchains aligns with Ava Labs’ broader vision of digitizing global assets through the unique features offered by the Avalanche platform.
As AVAX continues its bullish momentum, surging from $18.36 to $23.95, the daily trading volume has seen a remarkable increase of over 110%, reaching $1.7 billion. $Shiba Inu: When Will SHIB Reach $1?
When can Shiba Inu (SHIB) hit $1?
To reach $1, SHIB would need to reduce its circulating supply. The team is currently working on a new burn mechanism, rumored to remove trillions of tokens from circulation every year. Such a burn portal could help SHIB remove the necessary zeros from its price.
According to Telegaon, SHIB could hit a price of $1 sometime in 2050, almost twenty-six years away. Such a long wait could test investors’ patience, who might not want to hold that long.
Shiba Inu (SHIB) has had a lackluster year in 2023. Despite a significant layer-2 network launch, SHIB’s price did not gain much momentum. Since January of this year, SHIB has only risen by about 8%. On the other hand, Bitcoin (BTC) has rallied by over 100%, and Solana (SOL) has surged by over 400%. Nonetheless, fans and investors hope that Shiba Inu will one day reach the $1 mark. However, the journey to $1 is not as easy as it seems.
For Shiba Inu to reach a price of $1, it would mean a growth of about 11,350,637% (11.3 million percent) from current levels. Moreover, if SHIB hits $1, its market cap would be $589 trillion, as the project has 589 trillion tokens. The figure is unrealistically large, more than the economies of several countries.
Although SHIB has previously grown by many million percentage points, the previous spike preceded a massive burn undertaken by Ethereum (ETH) co-founder Vitalik Buterin. Buterin received half of SHIB’s supply when it launched and decided to burn 90% of the amount he received. The significant reduction of SHIB’s supply helped the token rally by many million percent.