Shiba

Solana

Pepe Coin

Shiba Inu

<p>Identifying the next big altcoin has become a pursuit embraced by many investors. Among the myriad options, Octoblock (OCTO) has garnered attention. It has the potential to replicate the astounding gains brought by Solana (SOL) and Shiba Inu (SHIB) over the years.</p> 
<h2 class="wp-block-heading" id="strong-will-shiba-inu-go-up-strong"><strong>Will Shiba Inu go up?</strong></h2> 
<p>There are a number of reasons that suggest Shiba Inu could go up again. First, LunarCrush’s assessment of SHIB’s “LunarCrush AltRank.” It considers various factors like market volume, social volume, and performance against BTC, which has surged to 2. That is a substantial improvement from its previous ranking of 98. Additionally, SHIB is currently among the most trending cryptocurrencies on X, with the strongest community among meme coins. It is ahead of Dogecoin (DOGE) and Pepe Coin (PEPE). The hype surrounding Doge Day could serve as a significant catalyst for SHIB’s rise. Additionally, data from CryptoQuant indicates a significant outflow of SHIB from exchanges. That could be considered a bullish signal as it suggests a reduction in immediate selling pressure.</p> 
<h3 class="wp-block-heading" id="strong-solana-price-prediction-strong"><strong>Solana price prediction</strong></h3> 
<p>The <a href="https://www.thecoinrepublic.com/2024/02/26/can-sol-price-hit-150-solana-price-prediction-march-2024/">SOL price</a> recently reached $180 after a modest 1% increase. Key resistance levels for SOL are at $195, $209, and $221. Its support levels are firmly established at $169, $160, and $149. The Relative Strength Index (RSI) currently sits at 43, hinting at the possibility of a market direction change. Additionally, the 50-day Exponential Moving Average (EMA) is at $184, indicating a bearish sentiment below $181. However, should SOL breach this pivot point, it could signal a shift towards a bullish trend.</p> 
<h3 class="wp-block-heading" id="strong-exploring-octoblock-strong"><strong>Exploring Octoblock</strong></h3> 
<p>Octoblock is a decentralized finance (DeFi) protocol that stands out for its mission of creating an expanding ecosystem that caters to the diverse needs of users while helping to preserve our world for future generations.</p> 
<p>Central to Octoblock’s functions is a revenue-generation system known as Nautilus Trove. It will ensure a balanced mix of stability and growth by distributing asset inflows to DeFi strategies and various investments. The OCTO token holders stand to benefit significantly in the Octoblock ecosystem. They will receive 45% of the revenue generated by the Trove airdropped based on their holdings. The <a href="https://www.thecoinrepublic.com/2024/04/08/a-new-class-of-profitable-meme-coins-to-surpass-the-animal-tokens/">token</a> holders will also gain access to Octoblock’s Saltwater sweepstakes. It will share 5% of the profits randomly. A percentage of the profits from the Trove will go to the Tentacle Trust. It’s an integrated account that will support charitable organizations dedicated to conservation of marine life, purification of ocean waters, and mitigation of human impact on marine ecosystems. OCTO holders will participate in this benevolent initiative by voting in monthly beneficiary selections.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="576" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/04/image-29-1024x576.jpeg" alt="Shiba Inu" class="wp-image-200871" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/04/image-29-1024x576.jpeg 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/04/image-29-300x169.jpeg 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/04/image-29-768x432.jpeg 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/04/image-29-1536x864.jpeg 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/04/image-29-750x422.jpeg 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/04/image-29-1140x641.jpeg 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/04/image-29.jpeg 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
<p>Additionally, Octoblock’s cFyF (Crowd Funded Yield Farming) initiative will enable users to merge resources into shared yield pools. They can collectively participate in yield farming activities. cFyF participants will receive better yield rates than they would individually. That’s because the collective capital will enable yield pools to access higher-yield farming opportunities. The participants will also be able to amplify their influence within the DeFi ecosystem as they will receive governance rights.</p> 
<p>Furthermore, Octoblock will introduce a cross-chain platform that will streamline inter-blockchain asset management. It will facilitate asset swapping, bridging functionalities, high security, low transaction fees, and optimized transaction routes.</p> 
<p>The <a href="https://www.youtube.com/watch?v=_ZtS0xTyg6o" target="_blank" rel="noreferrer noopener nofollow">Octoblock ICO</a> (Initial Coin Offering) has been progressing quickly, entering phase 3 just days after its launch on April 1st. OCTO tokens are priced at $0.037, with investors getting a 13% bonus. To further incentivize participation and demonstrate commitment to environmental sustainability, Octoblock is hosting a Tesla giveaway, with each token purchased during the ICO equating to one entry.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Octoblock’s innovative approach to decentralized finance positions it well for substantial growth in the cryptocurrency market. Thus potentially echoing the gains experienced by Solana (SOL) and Shiba Inu (SHIB).</p> 
<h4 class="wp-block-heading"><strong>For more information on Octoblock:</strong></h4> 
<p><strong>Website:</strong> <a href="https://octoblock.io/">https://octoblock.io/</a></p> 
<p><strong>Buy OCTO:</strong> <a href="https://reef.octoblock.io/register" target="_blank" rel="noreferrer noopener">https://reef.octoblock.io/register</a></p> 
<p><strong>Disclaimer</strong>: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.</p>

Why This Altcoin Could Bring Gains Similar To Solana and Shiba Inu

Table of Contents

Thecoinrepublic.com

Další články publikované 10. 4. 2024

3 Vulnerable Stocks That Will Be the Most Affected if Rates Don’t Come Down

Bitcoin Price Tests Support Of This Pattern Amid Rising Inflation! Will BTC Price Plunge Hard?

Just-In: Binance Delists Key Spot Pairs for Uniswap, Optimism, & Other Crypto

LAKE Unveils Water Shop Portal Trailer in Celebration of Paris Blockchain Week

Ukrainian Developer Andriy Kostiushko Announces Threads of War: A Unique Collaboration

Coinbase pushes for UK crypto adoption with Apple Pay integration

Join our free newsletter for daily crypto updates!