The crypto market is not short of surprising highs and shocking lows, and recent readings from analytic tools testify to this. Shiba Inu is reported to have a burn rate of zero, while transactions have increased on the Cardano Network. Meanwhile, newcomer SignUpToken.com is inching closer to its launch after a very successful "presale", which comes with a twist. Stick around till the end to know more!
Data from Shibburn, Shiba Inu's own burn portal, states that the burn rate for the meme coin has collapsed, with zero SHIB burned in 24 hours. This is followed by a week-long track of low burning rate for the coin.
The value of the meme coin temporarily showed signs of recovery, after having witnessed a surge in an hourly chart reading. This spike was however not significant, as the final value landed at $0.00001044, an overall increase of just 3.14%. This has added to the decline of the coin through the second half of April, a 10% decrease from its previous value.
Readings from Crypto Intelligence Portal IntoTheBlock point towards an increase in the number and volume of large transactions on the Cardano Network in 24 hours. Such an event also occurred earlier this month and that had led to an increase in the coin's price. The rise in transactions is a result of the 16.5% dip in price of Cardano's native token, ADA. The price now remains between $0.3 and the zone below $0.42.
Signuptoken.com is an upcoming crypto project that aims to make a million millionaires through its unique DeFi system. The platform is currently in its presale stage, with a campaign like something unheard of. This cryptocurrency has a presale that has no sales!
Simply signing up with an email address on their website grants access to the Millionaire Club, absolutely free. A chance to be a millionaire without spending a penny! Signuptoken.com is already making waves globally, with over 5000 sign-ups and the number only grows.
The project is centered around its ERC-20 token, which means they are technologically advanced. Not only will users be notified about the token's launch via email, but they will also be alerted when Signuptoken.com launches its own Uniswap exchange. You might not want to miss out on this email-it can change your life!
When it comes to trends, it is evident that the nature of the market itself is volatile, while macroeconomic events can affect the values of several coins. Both Shiba Inu and Cardano, despite being top-ranked AltCoins by market capitalization, have shown to be affected by this volatility. Meanwhile, investors must look into the schemes and features set up by each coin, and SignUpToken.com meets this criterion. Their quest for safety, efficiency and affordability paired with their user-centric approach makes this a coin that is here to stay.
Website: https://www.signuptoken.com
Twitter: https://twitter.com/_SignUpToken
Telegram: https://t.me/SignUpToken
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.