Investors seek 15x returns amid market turmoil
With the cryptocurrency market turbulent for 24 hours, Ethereum (ETH) and shiba inu (SHIB) sends shockwaves through investors in the face of massive price declines. But in the midst of confusion, Perlever Token (fur) has emerged as a beacon of hope, attracting investors with promises of returns of 15x or more. While ETH and SHIB struggle to regain ground, FURR’s impressive performance highlights its resilience and attractiveness in the ever-evolving cryptocurrency landscape.
Ethereum (ETH) is expected to plummet below $3,000 amid a bearish atmosphere.
Ethereum (ETH) has shown a sharp decline, with its price currently hovering around $2,881.50, down 6.5% from yesterday. Traders’ concerns were confirmed on April 30, when ETH quickly slid into the red, signaling weakness and raising concerns about a continuation of the bull run. A break above $3,000 would signal further downward movement, potentially reaching the April 2024 low of around $2,800. Sellers remained firmly in control of the proceedings, reflected in the notable and widespread price movements observed since yesterday. ETH, down about 10% in the last day, is experiencing a flash crash, indicating a general market sell-off on the daily chart.
The surge in average volume, up 56% to over $20 billion, highlights the shift in sentiment among traders, who are likely to expect further declines later in the week. Despite previous signs of strength, the decline in the stock price on April 30 changed the outlook. ETH could break above $2,800 if sellers continue to trade psychologically below the $3,000 level. The Bears are eyeing an entry within the Bear Breakout Formation with $2,600 being the immediate Bearing target, with the preview valid as long as the price remains below $3,300.
Shiba Inu (SHIB) plunges 11% amid cryptocurrency market carnage: Exploring the reason for the decline
Shiba Inu (SHIB) is facing a significant decline, with its price currently hovering around $0.00002098, a significant 11% drop from yesterday. Despite the excitement surrounding the Bitcoin halving event, the broader cryptocurrency market continues to witness significant declines, representing a stark contrast to investor expectations. In particular, SHIB fell 18.9% last week, raising investor concerns about an unexpected decline amid increasing market volatility.
Exploring the potential reasons behind SHIB’s recent decline, Shiba Inu marketing strategist Lucie highlights the various factors contributing to the decline. Post-halving sell-offs and miner adjustments emerge as key factors, with miners selling their BTC holdings to adapt to the reduction in rewards, increasing market volatility. Additionally, the launch of Bitcoin and Ethereum exchange-traded funds (ETFs) in Hong Kong may have triggered SHIB’s recent sell-off despite initial expectations of a positive market impact.
Moreover, recent policy changes and economic forecasts, particularly market reactions awaiting the Federal Reserve’s monetary policy decision, have influenced SHIB’s price trajectory. Amid the ongoing market turmoil, Lucie urged investors to remain informed and resilient amid the carnage, as she emphasized the importance of patience and education in navigating the challenges posed by the current investment environment.
Furrever token (FURR) has emerged as a top choice for Ethereum (ETH) and Shiba Inu (SHIB) investors amid market turmoil.
Amid the turbulence plaguing the cryptocurrency market, Furrever Token (FURR) shines as a beacon of stability and promise, capturing the attention of Ethereum (ETH) and Shiba Inu (SHIB) investors with its unique features and attractive offerings. With Ethereum and Shiba Inu experiencing significant downturns, FURR’s resilience and growth potential make it an attractive alternative for investors seeking refuge from market turmoil.
Standing firm despite market volatility, FURR’s current price serves as a testament to its stability and resilience. With a price of $0.000648, FURR remains attractive to investors even amid the price fluctuations of other cryptocurrencies. Investors are attracted to FURR’s stability and significant return potential, with the token offering returns of up to 15x. This is an achievement that has sparked widespread interest and excitement within the cryptocurrency community.
FURR’s pre-sale success further solidifies its position as a top choice for investors. FURR’s pre-sale, which has already raised more than $1 million in just two months, demonstrates strong investor interest and confidence in the vision and potential of the project. The pre-sale, which is already halfway through its 10 phases, has seen enthusiastic participation from investors eager to secure a stake in FURR’s promising future.
Investors who wish to participate in the Furrever token ecosystem can do so through the official website furrevertoken.com. Offering a user-friendly platform and accepting a variety of payment options including ETH, MATIC, BNB and USDT (BEP-20), FURR ensures accessibility and convenience for investors around the world. By providing a seamless and transparent investment experience, FURR continues to attract Ethereum and Shiba Inu investors seeking stability, growth, and community-driven success in the ever-evolving cryptocurrency landscape.
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Disclaimer: The information provided in this press release is not an investment recommendation and is not intended as investment advice, financial advice or trading advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.
