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Shiba Inu: A look at what February holds for SHIB traders A rally to the $0.00001195 and higher to the Fibonacci extension levels can be expected over the coming weeks. Shiba Inu [SHIB] displayed a bullish bias on the 1-day price chart. It was yet to convincingly break the recent lower high, but its indicators showed promise. AMBCrypto noted that the Shiba Inu burn rate had turned negative on the 13th of February. The one-day price chart showed that some significant obstacles remained for SHIB bulls to beat. Yet, odds favored the buyers, and a bullish Bitcoin [BTC] could help them out further. Source: SHIB/USDT on TradingView AMBCrypto analyzed the one-day price chart of Shiba Inu. The meme coin noted gains of 13.2% since the 7th of February. Moreover, the Fibonacci retracement levels (pale yellow) for the mid-November rally highlighted the $0.00000854 level as the 78.6% retracement. In the past .

The Nifty Island ($ISLAND) project is making waves with a potential price prediction for 2025, forecasting a price range between $0.19 to $0.22, with a more likely steady price of around $0.21 by the end of that year. Key Points: 1. Price Prediction: Analysts suggest that $ISLAND may break through the $0.22 barrier and sustain that level, with a steady price around $0.21 by the end of 2025. This shows potential for modest growth, despite the volatility that the token has experienced. 2. Wild Price Swings: Like many tokens, Nifty Island has seen significant fluctuations in its value. This is typical for emerging projects and meme coins, and the price prediction factors in some of this volatility. 3. Environmental Concerns: There has been controversy surrounding the environmentally unfriendly energy usage associated with Nifty Island. This could affect its long-term adoption and appeal, as sustainability is an increasing priority in the crypto space. 4. Tim Draper's Confidence: Despite concerns, billionaire venture capitalist Tim Draper remains confident in Nifty Island’s future, maintaining his prediction that the token will reach $0.22 by late 2025 or early 2025. Draper’s endorsement suggests some level of backing and potential for growth, as he is known for his successful investments in the tech and crypto sectors. Conclusion: The price forecast for Nifty Island ($ISLAND) is cautiously optimistic, with a projected price range between $0.19 and $0.22 by 2025. While the project faces some environmental challenges, its backing by influential figures like Tim Draper adds credibility and could contribute to its future success. Investors should be aware of the volatility and the potential environmental impact but could expect gradual growth towards the $0.22 level if the market conditions align.

The recent price surge of $ACT, up over 2,100% on its first day of trading and reaching a high of $0.474, indicates strong initial momentum. As of now, the coin is priced at $0.4395, maintaining an impressive gain of 2,142.35%. This rapid rise suggests that $ACT is experiencing the kind of "pump" typically seen with meme coins during their debut, driven by social media and community hype. Key Points: Short-Term Momentum: The 15-minute chart shows a classic "pump," suggesting strong short-term buying pressure. This indicates further potential for growth if the hype and momentum continue in the coming days. Community-Driven: Like other meme coins, $ACT's price movement is highly dependent on community-driven excitement, which means its price could be volatile. The hype around meme coins often results in swift rises followed by sharp corrections. Lack of Long-Term Indicators: As $ACT is a new coin, long-term indicators such as its utility, market adoption, or stability aren’t available yet, making it difficult to assess its long-term potential accurately. Cautious Optimism: While short-term gains may be possible, it's important to approach with cautious optimism. Meme coins are notoriously volatile, and the price can swing wildly depending on market sentiment and community involvement. Conclusion: $ACT's strong price action is likely driven by hype, and while there's potential for further short-term gains, it's crucial to be cautious. The lack of long-term data and the speculative nature of meme coins means that traders should monitor the coin closely, keeping an eye on market sentiment and community activity to gauge whether the bullish trend can be sustained.

As Hyperliquid continues to maintain its ascendent trading channel, HYPE crypto is currently trading at a market price of $26.65 (representing a 24-hour change of -2.4%). This comes amid an impressive +99% climb over the past week, which has seen Hyperliquid skyrocket up to hit a new all-time high at $29.62.  The upside move has been sustained for days by the close support of an equally aggressively ascending 20DMA, which has provided a local foothold continually throughout the increase in value. However, following the new all-time high, which comes just below the $30 psychological price level, HYPE crypto is in a local price retreat, with the chart suggesting an imminent retest of $25.625 is on the cards. This is best explained by the RSI, which has remained severely overheated for much of the past 48 hours and now seeks to cool off as holders consolidate the newfound gains and build market confidence for a break above $30. Yet, while consolidation or even retracement seems to dominate the short-time frame outlook for HYPE, especially as the lower trendline at $23.38 hasn’t been re-tested in 4-days – and this is driving smart money to now rotate into a soon-to-launch viral meme coin

Tokens are quickly catching up, in a way similar to aping into meme tokens on Solana. For months before the generation of the HYPE token, the Hyperliquid DEX was seen as another perpetual futures platform, similar to dy/dx.  Once tokenized, the chain and the DEX showed their potential for price discovery through rapid trading. The Hyperliquid DEX may have turned into another token casino with the potential for breakouts.  PURR is the biggest meme token to date, which was airdropped to early users. The Hypurr (PURR) project trades at $0.47, with a total capitalization of $277.8M. Just days ago, the token peaked above $370M. The asset grew by as much as 200% within days, granting unexpected airdrop value to early adopters.