Search results for Yesul Kim
Crypto
Shibarium DEX volume surges 1,517 percent in a day, hinting at network activity rebound
Daily decentralised exchange trading volume on Shibarium, the layer-2 network for Shiba Inu, rose more than 1,500 percent in a day, according to Decrypt. Volume increased to $275 on July 10 from $17 a day earlier, with all trades handled by ShibaSwap. Shibarium’s total value locked rose to $24,014, up 11.71 percent from June 27. Daily transactions also climbed to 5,170 on July 10 from 1,120 the previous day.
Crypto
Shiba Inu 700 percent surge scenario as thin exchange liquidity could fuel jump
An analysis said Shiba Inu (SHIB) could post a 700 percent surge with just $350 million in concentrated buying if exchange liquidity remains thin. On-chain data put the value of SHIB exchange reserves at about $374.3 million, with holdings of about 87.2002 trillion tokens. The report said technical signals have not confirmed a bullish turn, with SHIB below key moving averages and facing resistance at $0.00000505 to $0.00000546.
Crypto
XRP may trade sideways for 800 days; long range seen despite possible $1.15 bottom
XRP may have found a bottom around $1.15, but it could remain in a prolonged sideways range for about 800 days through late 2027, a report said. The view is based on weekly technical patterns that resemble the 2022 phase in a four-year macro cycle, with narrowing Bollinger Bands and an RSI stabilising near lows. Spot XRP ETFs in the United States have attracted more than $1.434 billion in cumulative net inflows.
