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Cryptocurrency costs have been in a deep slumber prior to now few weeks as traders transfer again to shares and different secure havens like short-term bonds and cash market funds. Bitcoin has remained stagnant betweeen $25k and $30k whereas the whole market cap has remained caught above $1 trillion.

Loom Network, Liquity surge

Not all cryptocurrencies have remained on this consolidation section prior to now few weeks. As I wrote here, Loom Network value has surged by greater than 500% prior to now few days, making it the 92nd greatest cryptocurrency on the planet. The rally occurred after Gate.io, a number one alternate listed the cryptocurrency. 

And this week., Loom Network’s futures have been added to main exchanges like Binance and LBank. As all this occurred, the coin entered the so-called markup stage of the Wyckoff mannequin the place demand is often increased than provides. 

The different high mover was Liquity, a platform that operates the Liquity US greenback stablecoin recognized as LUSD. Users can take loans utilizing the stablecoin after staking ether as collateral. LQTY value has surged to $1.35, increased than final month’s low of $1.35. 

Liquity’s value motion was principally as a result of elevated exercise in its ecosystem. The newest information reveals that customers who staked within the protocol obtained $625k within the final month even as the crypto winter continued. 

Shiba Memu token sale continues

The different massive winners prior to now few weeks has been Shiba Memu, which has continued elevating further capital prior to now few months. The token has raised over $3.8 million, making it probably the most profitable token gross sales on the planet. 

For starters, Shiba Memu is a meme token that goals to disrupt the trade that’s now dominated by the likes of Shiba Inu and Dogecoin. It goals to do this by combining two of the preferred applied sciences available in the market.

The first expertise is artificial intelligence (AI), which has grown quickly due to the success of ChatGPT and different firms like Anthropic. Analysts imagine that AI would be the most disruptive trade available in the market.

Shiba Memu will use a few of the high constructing blocks of AI like predictive modelling, information evaluation, and picture evaluation. The finish purpose is to have a meme coin that evolves over time and markets itself.

The different technlogy is the meme coin, which is generally hype pushed. But on this case, Shiba Memu can have a transparent utility as the community grows.

Therefore, analysts imagine that investing in Shiba Memu in its presale offers you a chance to make a fortune when it will get listed on key exchanges. You can purchase the Shiba Memu token here.