Solana rises, Bitcoin falls and Vitalik Buterin burns 40% of its Shiba Inu

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Avatar for Luis2020Diaz
1 year ago

Today Solana has managed to reach a new high in the middle of a bearish day for Bitcoin and other cryptocurrencies. With a price of $ 51.64, Solana managed to pass the psychological barrier of $ 50; this allowed him to achieve a 24% increase in 24 hours. Almost a year ago 05/11/20, Solana had a price of $ 0.50, this shows that in just one year Solana has achieved an increase of 10.328%. It is currently ranked 15th on the CoinMarketCap with a capitalization of $ 12,246,996,697.

On the other hand, Bitcoin has not had a good week at all, with lows of $ 44,246 and highs of $ 49,826, it continues with a clear downtrend. This represents a 30% loss from its last all-time high of $ 64,804 reached on 04/14/21. Elon Musk's recent announcement that he will no longer accept BTC as a means of payment for Tesla vehicles may have caused the bearish movement to increase. About 7 days ago, the price of BTC was at $ 56,928, before Elon Musk's announcement.

 Vitalik Buterin announced today through his social twitter account, that he would burn 40% of his Shiba Inu, shortly after doing so, SHIB rose from $ 0.00001257 to $ 0.00001880, which represents 49.56% in approximately one hour and a half. Now we just have to hope how much the price of SHIB can go up in the middle of a bearish week for the main cryptocurrencies.


You can answer this question in the comments: How much do you think the price of SHIB will go up once Shibaswap comes out?

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