Pepe Coin

Retik Finance

Shiba Inu

Due to the bullish momentum noticed so far in 2024, the cryptocurrency market has surged in trading activities. Whales, known for their large accumulations and offloading, have played a key role in this regard. As per data from the on-chain monitor, a whale using the address 0x10Dc, trading through OKX, made a big move on April 30. The Whale acquired 241.6 billion PEPE, worth $1.75 million, and 53 billion SHIB, worth $1.27 million, from the mentioned exchange. This accumulation spurs a price surge for the coins amidst a market dip. As May unfolds, onchain data reveals that whales are closely monitoring three cryptocurrencies: Shiba Inu (SHIB), Retik Finance (RETIK), and Pepe Coin (PEPE). Let’s see why whales watch these 3 cryptocurrencies in May 2024. 
<h2 id="b-shiba-inu-shib-b">Shiba Inu (SHIB)</h2> 
Since the turn of the year, Shiba Inu (SHIB) has been making waves in the cryptocurrency market, fueled by a surge in burn rates and whale transactions. This week alone, SHIB witnessed an impressive 8% increase in price, reaching a trading value of 0.0000227. Despite facing minor corrections after huge gains in Q1 2024, the momentum behind SHIB remains strong, with its market capitalization exceeding $13.4 billion and daily trading volumes nearing $400 million. Data from IntoTheBlock reveals a remarkable 382% spike in SHIB transactions, accompanied by a doubling in transactions exceeding $100,000 in value. The surge in SHIB transactions is a testament to growing investor interest, driven by network upgrades and strategic listings on platforms like Nexo. Moreover, the launch of ShibaSwap, an exchange for token swapping and yield farming, has further bolstered SHIB utility and appeal within the community. Meanwhile, Technical analysis indicates a critical juncture for SHIB as it approaches the 50-day Exponential Moving Average (50 EMA) resistance level on May 11 and 12. A breakthrough beyond this threshold could signal a significant bullish trend, potentially redefining market dynamics and instilling confidence among investors. If this happens, SHIB could record over 500% gain before May 31. 
<h2 id="b-retik-finance-retik-b">Retik Finance (RETIK)</h2> 
Retik Finance (RETIK) stands at the forefront of decentralized finance (DeFi) innovation, offering a comprehensive suite of solutions to bridge the gap between traditional and crypto finance. The success of RETIK presale, which raised over $32 million months ahead of schedule, underscores investor confidence in the project’s vision and potential. Key features of Retik Finance include futuristic DeFi debit cards, AI-powered P2P lending, a smart crypto payment gateway, and a multi-chain, non-custodial, highly secured DeFi wallet. These offerings cater to users’ diverse needs, providing privacy, convenience, security, and rewards across various financial transactions. Additionally, recent developments, such as the early utility launch of Retik debit cards, have further fueled optimism among investors. The beta version of these cards, launched ahead of schedule, offers users swift and secure online and offline access to their crypto assets. Retik debit cards redefine the traditional banking experience for crypto enthusiasts with a rewards program and airport lounge access. As RETIK prepares for its listing on major exchanges on May 21, investors anticipate over 5000% price surge following its presale success. With a total token supply of 1 billion, RETIK has witnessed a high level of anticipation. The token’s surge in value, coupled with strategic partnerships and community engagement initiatives like giveaways, has caught whales’ attention as they keenly await a significant surge in RETIK price post-listing. 
<h2 id="b-pepe-coin-pepe-b">Pepe Coin (PEPE)</h2> 
Pepe Coin (PEPE) has emerged as a leading memecoin, capturing the attention of investors with its recent 20% surge in price. Analysts predict further gains for PEPE as it continues to outperform the broader market despite recent downturns. With a market capitalization of $3.5 billion and a 24-hour trading volume of $755 million, PEPE ranks among the top meme coins in terms of market size and liquidity. Recent accumulations of PEPE by whales and investors have added to the token’s upward momentum, signalling confidence in its future price movements.&nbsp; The successful completion of a hard fork and strategic acquisitions of large quantities of PEPE from exchanges further reinforce positive sentiment surrounding the token. Meanwhile, technical analysis suggests bullish momentum for PEPE, with potential for a swift reclaim of its March all-time high (ATH) price. Analysts like Jameson and Max Schwartzman compare PEPE to Dogecoin, anticipating exponential growth fueled by its unique market positioning and strong community support. 
<h2 id="b-conclusion-b">Conclusion</h2> 
As whales closely monitor Shiba Inu (SHIB), Retik Finance (RETIK), and Pepe Coin (PEPE) in May 2024, the crypto market brims with excitement and anticipation. With each coin offering unique features, strong fundamentals, and bullish potential, investors stand poised to capitalize on the opportunities presented by these standout digital assets. Still, at $0.15, whales are eyeing RETIK’s upcoming listing announcement on OKX and other exchanges as they expect over 5000% price surge post-listing. 
&nbsp; 
Visit the links below for more information about Retik Finance (RETIK): 
Website:<a href="https://retik.com/"> https://retik.com</a> 
Whitepaper:<a href="https://retik.com/retik-whitepaper.pdf"> https://retik.com/retik-whitepaper.pdf</a> 
Twitter:<a href="http://www.twitter.com/retikfinance"> www.twitter.com/retikfinance</a> 
Telegram:<a href="http://www.t.me/retikfinance"> www.t.me/retikfinance</a>

3 Cryptocurrencies Whales Are Watching in May 2024, According to Onchain Data: Shiba Inu (SHIB), Retik Finance (RETIK), and Pepe Coin (PEPE)

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