Shiba Inu Price Prediction: Crypto Assets analysts say a massive spike is coming, which is the goal Shiba Inu has rebounded more than 19% from the $0.00002081 price earlier this month. The current price action suggests that #加密货币SHIB# could see an interesting price spike in the coming weeks. A Crypto Assets analyst said SHIB could actually continue to pump up 120% after breaking out of the current consolidation. SHIB BEGAN ITS PRICE CORRECTION IMMEDIATELY AFTER HITTING 0.00003556 IN EARLY MARCH. At the time, investors' bullish sentiment on this memetic Crypto Assets quickly turned into falling sentiment. This pushed SHIB down fall and bottomed out at $0.00002117 in mid-April, suggesting a 40% price pullback over the two months. Interestingly, this is the worst falling in SHIB prices since the collapse of the Terra ecosystem in May 2022. As shown in an 8-hour timeframe chart shared by Crypto Assets analyst World Of Charts on the social media platform X, SHIB has been in a consolidation channel for the past two months. However, analysts expect a bullish breakout to generate a strong bullish wave that will leave SHIB holders with profit margins between 100% and 120%. Interestingly, further study of the charts shared by World Of Charts shows that analysts are open to higher price spikes over an extended period of time. The last price target shown on the chart is $0.00009500, which is the 280% target of the current price level. Shiba Inu has recently formed higher lows on the weekly time frame, suggesting that the longest may be starting to gain the upper hand. Despite the decline in the past, more than 56% of SHIB holders are still profitable as long long-term holders choose to hold their Token. At the time of writing, SHIB is trading at $0.00002489, pump 6.4% over the past seven days. The price pump also rising the profit ratio of SHIB holders to 61%. Xu long Address, which had just entered the margin, did not take profits, suggesting that a large number of long investors expected prices to pump in May. One catalyst that could lead to further price pumps is the recent partnership between P.P and M.P., which will make it easy for P.P. users within the United States to buy dog-themed Crypto Assets. Popular Crypto Assets analyst Ali Martinez also predicted a SHIB price spike based on the bull flag that recently appeared on the Token price chart. (Source: Scott Matherson)

Data: Some slight pullback in the cryptocurrency market sector, while AI Agents and DeFi sectors continue to perform well. Gate.io News: According to SoSoValue data, some cryptocurrency sectors have experienced a small pullback, while AI Agents and DeFi sectors continue to perform well, with respective 24-hour gains of 8.54% and 6.10%. Worth noting is that within the AI Agents sector, Fartcoin (FARTCOIN) has risen by 31.23%, and Vituals Protocol (VIRTUAL) as well as ecosystem-related tokens LUNA and GAME have continued their high growth from yesterday, with 24-hour gains of 16.39%, 22.79%, and 18.56% respectively. Within the DeFi sector, Chainlink (LINK) and Aave (AAVE) have seen gains of 19.22% and 18.37% respectively, possibly influenced by the Trump-backed cryptocurrency project WLFI. Additionally, Lido DAO (LDO) has seen a 17.21% increase, possibly influenced by Grayscale's launch of the Lido DAO Trust Fund. In other sectors, the Layer 1 sector rose by 0.68%, and the GameFi sector rose by 0.26%. The AI and DePIN sectors, which performed well yesterday, experienced a pullback, both with a decline of -0.61%. The Meme sector had the largest pullback today, at -1.88%.

Odaily Planet Daily News According to Vitalik Buterin, co-founder of Ethereum, he retweeted a tweet about LUNA in 2022, which said, 'I found that much of the hatred towards LUNA seems to come from the ETH camp'.

According to the report from Golden Finance, the address labeled "Luna Foundation Guard" transferred 1,974,000 AVAX (approximately $71.19 million) to an address starting with 0x134 15 minutes ago, as monitored by Arkham data.

Analysts believe that there will be an unconventional bull market after the Halving, expecting an unexpected surprise for Bitcoin Prior to the Halving event, Bitcoin had been moving lower, contrary to analysts' expectations. This price action is unexpected and shows how the Token tends to go against the predictions, essentially plotting its path. Given the randomness of Bitcoin, especially in the past few months following the approval of spot trading traded funds (ETFs), one analyst expects Bitcoin to continue to defy expectations and have a bull market that defies historical trends. The analyst cites two recent examples of Bitcoin exceeding expectations to justify this bullish outlook. First, with the rapid expansion of the Bull Market from 2020 to 2021, Bitcoin soared from less than $10,000 to an all-time high of around $70,000, but the price contracted sharply in 2022. Subsequently, the Fed shifted its monetary policy to curb severe Inflation by rapidly raising Intrerest Rates. After this and other market-related events, Bitcoin price falls above the previous cycle's all-time high of $20,000. By November 2022, the price falls to $15,000, F. T.. The collapse of X accelerated this trend. This retest of the previous high and falling below $20,000 has never happened before. Another anomaly occurred in the last month. Before the Halving event, the price of Bitcoin pumped for the first time and broke through an all-time high of around $70,000. As Bitcoin's past price action shows, the price will only rebound to new all-time highs after a Halving. However, that changed when Bitcoin soared to $73,800, which may have paved the way for the longest to join and push Bitcoin back into the unknown after the Halving. With this in mind, analysts believe that Bitcoin will continue to shape its development path in a unique way, deviating from history. For example, analysts believe that BTC will outperform altcoins in the coming months. The analyst added that in the F.. T.. In the wake of high-profile crashes such as X and Luna, increased regulatory scrutiny could dampen alt enthusiasm. The Token will rely on the fact that it is the only Token that owns an ETF that the US SEC accepts investments in. As a result of this capital injection, Bitcoin could go through a "pump-only" phase for longing years, just as gold did after its ETF was approved. Until then, prices remain depressed. Although the price is pumping at the spot price, the Token is still in a Bear Market pattern. Currently, BTC's local resistance level is around $65,000. (Source: Dalmas Ngetich)

Web3 Headlines Today 1. The SEC has filed a supplemental authorization notice with the court, requesting the court to adopt the same arguments as the Terra ruling in the Bin**ce lawsuit 2. Wu Jihan: Matrixport analysts' opinions are not subject to management interference; the approval of Spot ETFs is inevitable 3. The number of ENS independent participating addresses of Ethereum Name Service exceeded 800,000 4. XAI: Airdrop will account for 5% of the total supply 5. Issuers: The SEC may begin notifying issuers of approvals on Friday, and trading could begin as early as next week

Odaily Star Daily News Terra stated in a post on X that the chain will be temporarily suspended at Block Height 11550000 (approximately August 8, 22:18) for a planned chain upgrade. Please note that no transactions will be processed during this period.

Odaily Planet Daily News Astroport released security incident updates on X: - The attacker's ASTRO on Neutron has been seized in the Astroport Treasury; - The attacker's Terra Address has been blacklisted and cannot conduct any transactions; - IBC Hook vulnerability has been fixed; - The attacker stole a total of about 58 million ASTRO, and bridged about 33 million ASTRO to Neutron; - The attacker exchanged about 13 million ASTRO for 124,000 axlUSDC and sent it to an Ethereum Address; - About 20 million ASTRO tokens are left on-chain for Terra and have been blacklisted, unable to be moved; -The official will continue to work closely with the Terra team to seek solutions. Contributors of Astroport will provide further updates as soon as possible, and a comprehensive report on the event is expected to be released later this week.

Golden Finance reported that according to market data, LUNA briefly broke through $0.6 and is now priced at $0.5933, with a 24-hour increase of 10.4%. In addition, LUNC briefly broke through $0.000109 and is now priced at $0.000108, with a 24-hour increase of 8.42%. The market fluctuation is significant, please manage the risks.

Golden Finance reported that the Terra Foundation Luna Foundation Guard (LFG) tweeted that in order to enhance the security of funds, they are preparing to transfer the assets stored in the LFG multi-signature wallet to a direct custody solution in the next few days. To maintain transparency and traceability, LFG funds can continue to be tracked on the LFG reserve dashboard.