{"id":435211,"date":"2023-08-25T14:11:03","date_gmt":"2023-08-25T14:11:03","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=435211"},"modified":"2023-08-25T14:16:20","modified_gmt":"2023-08-25T14:16:20","slug":"surging-ahead-august-25-crypto-winners-bone-bnb-and-shib-take-the-lead","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/surging-ahead-august-25-crypto-winners-bone-bnb-and-shib-take-the-lead","title":{"rendered":"Surging Ahead: August 25 Crypto Winners – BONE, BNB, and SHIB Take the Lead"},"content":{"rendered":"

Today, the global crypto market experienced a minor retracement, relinquishing 0.8% of its recent 24-hour gains. Despite this dip, the total market capitalization remains robust at $1.1 trillion. Notably, Bitcoin<\/a>, the market leader, witnessed a marginal 0.7% decline in its price over the same period, currently trading at $26,160.<\/p>\n

Despite the retracement in the overall market, certain altcoins like SHIB, ONE, BNB, Launchpad XYZ<\/a>, and WSM continue to showcase resilient positive price momentum. This upward trajectory can be attributed to a confluence of factors originating within their respective ecosystems, underscoring their potential for sustained growth amidst market fluctuations.<\/p>\n

Unleashing Control: Exploring the Power of BONE – Shiba Inu Ecosystem’s Governance Token<\/h2>\n

\"Surging<\/p>\n

BONE is priced at $1.45, reflecting a notable 3.5% surge over the past 24 hours. This upward trajectory continues a positive trend, with a 16.0% gain in the last week. Recent favorable developments within the Shibarium ecosystem have played a pivotal role in boosting BONE’s value today.<\/p>\n

Following two days of meticulous adjustments and careful scalability maneuvers, the developers<\/a> proudly unveil the upgraded Shibarium. The platform now stands fortified and optimized to manage the overwhelming surge of incoming traffic, ensuring a seamless user experience.<\/p>\n

In addition, a newly implemented monitoring system has been integrated, bolstered by a fail-safe mechanism. This comprehensive approach encompasses advanced rate limiting and an automatic server reset function, poised to activate seamlessly in the event of an overwhelming surge in traffic.<\/p>\n

The SHIB<\/a> Army was advised to dismiss FUD, recognizing that those spreading fear, uncertainty, and doubt aimed to manipulate them into relinquishing their tokens – a ploy to capitalize on the subsequent dip. Holding strong, they saw through the strategy and stood united against such tactics.<\/p>\n

Unearthing Optimism: Indications of a Potential Rally in the BONE Market<\/h2>\n
\"Surging
Source: Tradingview<\/figcaption><\/figure>\n

The asset BONE<\/a> has exhibited a promising trend with four consecutive green candles on its daily chart, indicating a notable surge in buying activity. Today’s candle showcases an upper wick reaching the upper Bollinger Band (BB), hinting at resurgent bullish momentum and the potential for further price advancement.<\/p>\n

The Relative Strength Index (RSI) stands at 53.91, placing it within the neutral range. Its upward trajectory suggests increasing buying momentum, with the potential to breach the overbought threshold at 70 should buyer interest endure.<\/p>\n

Despite the Moving Average Convergence\/Divergence (MACD) currently residing below its signal line, the emergence of diminishing red Histogram bars substantiates a resurgence in buyer activity, indicating a potential upward movement in prices. This interplay suggests that market sentiment is shifting in favor of buyers despite recent bearish signals.<\/p>\n

The asset BONE has discovered solid support at $1.1 while encountering a notable barrier at $1.5. Once it breaches this resistance, the path opens for BONE to ascend into the upper realm of the Bollinger Bands, indicating the potential for further price surges. Should the bullish momentum persist, the asset seems poised to extend its rally in the forthcoming days.<\/p>\n

Unveiling BNB (BNB): Empowering the Universe’s Premier Cryptocurrency Exchange<\/h3>\n

\"Surging<\/p>\n

Despite a marginal 0.5% dip in the past week, BNB stands at $216, revealing intermittent bearish trends. Backed by the vast influence and financial prowess of Binance<\/a>, the leading global crypto exchange, BNB leverages this support to bolster its price momentum.<\/p>\n

Binance has exciting news for its users—a chance to win big with a $10,000 giveaway. To participate, users simply need to complete specified tasks, which include an engaging quiz. Added to the excitement, stake options like BNB<\/a>, $TUSD, or FDUSD in the SEI Launch pool further enhance the reward opportunity.<\/p>\n

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Want to win your share of $10,000 in $SEI<\/a>?<\/p>\n

Here's how 👇 https:\/\/t.co\/ANpnAVPJJz<\/a><\/p>\n

— Binance (@binance) August 24, 2023<\/a><\/p><\/blockquote>\n