Price: $0.32413 -3.8386%
Market Cap: 47.84B 1.4848%
Volume (24h): 1.9B 0%
Dominance: 1.4848%
Price: $0.32413 -3.8386%
Market Cap: 47.84B 1.4848%
Volume (24h): 1.9B 0%
Dominance: 1.4848% 1.4848%
  • Price: $0.32413 -3.8386%
  • Market Cap: 47.84B 1.4848%
  • Volume (24h): 1.9B 0%
  • Dominance: 1.4848% 1.4848%
  • Price: $0.32413 -3.8386%
Home > Information news > Selling Pressure Pushed DOGE and SHIB Downward as Whales Doubled Down on This New Coin Primed for 600X Gain

Selling Pressure Pushed DOGE and SHIB Downward as Whales Doubled Down on This New Coin Primed for 600X Gain

Release: 2025/01/13 15:40 Reading: 351

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/6784b8b82128627b53ba7d6d

Selling Pressure Leads to Decline in DOGE and SHIB Prices

Dogecoin (DOGE) and Shiba Inu (SHIB) have recently experienced a significant price decrease due to increased selling pressure. On December 10, 2024, leveraged traders faced over $108 million in liquidations within 24 hours, indicating a substantial sell-off.

Technical indicators suggest a bearish trend for both tokens. The Relative Strength Index (RSI) has formed a bearish divergence for DOGE and SHIB, signaling a potential decline.

Whale Activity Shifts Focus to Lightchain AI with Potential for Massive Gains

Lightchain AI (LCAI) has attracted attention from major investors, including whales from the Solana (SOL) and Dogecoin (DOGE) ecosystems. These investors recognize the integration of artificial intelligence (AI) with blockchain technology.

The ongoing presale of LCAI tokens, priced at $0.004, has raised over $7 million. Analysts predict exponential growth, with projections suggesting a 22,000% increase by Q1 2025.

Analyzing the 600X Growth Potential of Lightchain AI

LCAI's innovative Proof of Intelligence (PoI) consensus mechanism rewards nodes for performing AI-specific tasks, enhancing network security and contributing to AI advancements.

The platform's roadmap emphasizes adoption and ecosystem growth, including a testnet launch in January 2025 and mainnet activation in March 2025. Strategic partnerships with AI-focused enterprises and blockchain projects are expected to expand LCAI's reach.

The increasing demand for AI-driven solutions and the anticipated 2025 bull run provide a favorable environment for LCAI's growth. Investors recognize its real-world applications, positioning it as a top contender for substantial gains.

Join the presale to secure your position in this promising project and potentially reap 600x gains in the future. Don't miss out on this opportunity!

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