• Elon Musk recently tweeted about Dogecoin and Shiba Inu, causing a 6.6 percent and 2.5 percent increase in their prices respectively.
• According to the Blockchain Research Lab study, Musk has an interesting command over investors with each of his tweets having an average impact of 3 percent on the crypto market.
• Dogecoin’s 24-hour price data shows that it was not able to test its key resistance level of $0.09 before recording its first retracement as seen in the chart.

Elon Musk’s Influence On The Crypto Market

Twitter CEO Elon Musk has been linked to several price surges of Dogecoin (Doge) after his tweets triggered speculations among investors. Just recently, he came up with another tweet, causing a fair increase in the price of the meme coin in the last 24 hours. There was also a follow-up tweet where he wrote „Fact check me @CommunityNotes.“ According to the Blockchain Research Lab study on the effect of Elon Musk’s moves on crypto, there was a price range of about 3 percent on average on each of the 47 events after a tweet by Musk.

Dogecoin Price Surge After Elon’s Tweet

In response to Elon Musks’s tweet regarding Dogecoin, it rose by 6.6 percent while Shiba Inu surged by 2.5 percent following mention of “dogs” in plural in his post image with inscription “It was me, I let the dogs out“. Before this tweet from Musk, Community Notes posted that: Starting today, you’ll get a heads-up if a Community Note starts showing on a Tweet you’ve replied to, Liked, or Retweeted. This helps give people extra context that they might otherwise miss.

Musk’s Effect On The Crypto Market

According to research conducted by Blockchain Research Lab into news related to cryptocurrency pricing movements due to influence from Elon Musk showed that there is an average impact rate of around 3% per event when measured from 45 minutes before and 45 minutes after any news release associated with him or Tesla Inc., which he serves as CEO for.. The 24-hour move of Dogecoin has been within the ranges of $0.0832 and $0

• Ethereum-altcoin Hashflow Token (HFT) is set for a huge rally due to technical chart breakouts.
• Crypto analyst Cantering Clark is bullish on Hashflow Token, building a spot position in the cryptocurrency.
• Hashflow Token (HFT) has a market cap of $128 million and plans to launch its own DAO known as the Hashverse.

Hashflow Token Set for Huge Rally

Ethereum-altcoin Hashflow token (HFT) is currently on a breakout on the technical chart and can rally going ahead. Ethereum Layer-1 competitor Fantom (FTM) has also posed strong gains while breaking its major resistance barriers. In the crypto market recovery of 2023, altcoins have delivered a solid performance with giants like Ethereum (ETH) rallying by 40 percent and other altcoins posting gains even higher at 70-80 percent.

Cantering Clark Bullish On HFT

Crypto strategist Cantering Clark is quite bullish about the Hashflow Token (HFT). He tweeted that he’s building a spot position in the cryptocurrency due to its potential for huge upside. The technical chart shared by Clantering Clark shows that HFT is giving a breakout from its accumulation zone.

Details About HFT

Hashflow Token (HFT) is currently valued at just $128 million, trading 7.7 percent up at a price of $0.6898 per token. According to their recently released roadmap for 2023, they plan to launch their own decentralized autonomous organization known as the Hashverse, which will allow users to stake tokens complete quests, as well as earn non-fungible tokens (NFTs).

Interoperability of HFT

In order to ensure interoperability and zero slippage, the Hashflow token was built on Tendermint Core’s delegated proof-of-stake consensus algorithm with support from Cosmos SDK modules—allowing it to be easily integrated into any blockchain project or application requiring scalability, security and low transaction fees.

Conclusion

With crypto analysts predicting huge upside potential for this Ethereum altcoin, traders should consider taking positions in it soon before prices surge further up!

• Whale transactions in Cardano (ADA) and Shiba Inu (SHIB) are on the rise according to Santiment.
• This could potentially signal the start of a major rally for both altcoins.
• Both Cardano and Shiba Inu have been seeing higher levels of accumulation amongst crypto whales.

Rise in $100,000 Whale Transactions

According to Santiment, a crypto on-chain analytics platform, there has been an increase in whale transactions beyond the $100,000 price range. The last time there were this many ADA transactions at that level was in May, which resulted in its price jumping +36% from the beginning of that week until its local peak in early June.

Cardano’s Growing Whale Count

Cardano has seen tremendous growth this year with its Sidechain Toolkit launch and emergence of its over-collateralized stablecoin DJED priming it for more massive accumulation that may transcend its whale activities.

Shiba Inu Becoming a Favorite Amongst Whales

Whale Stats noted earlier that Shiba Inu ranks among the top three Ethereum-based digital currencies being acquired by whales on the network. This is further backed by Santiment who believes SHIB is becoming a favorite amongst big money spenders as well.

Potential Rally Coming Up?

Historically these coordinated buy ups have often accompanied periods of intense price surges which could be hinting towards a potential rally coming up soon if Cardano’s growing whale count continues to trend upwards. Similarly should Shiba Inu continue gaining traction with whales then it too may mark another unique milestone for the memecoin protocol.

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At CryptoTicker we will keep you up to date with all the latest news from both altcoins so make sure you follow us for more updates!

• Dombey Electric Co. has introduced a new self-recharged crypto miner, known as the Dompre, that is both sun and electrically enabled.
• The miners are made of photovoltaic cells and come with a five year warranty.
• The company is also providing free solar power systems, called D200, with their mining equipment to help miners with their electricity bills.

Dombey Electric Co., a company founded in Finland and with offices all over the world, is one of the leading manufacturers of electrical equipment. In 2019, the company introduced the lower power consuming cryptocurrency miners, as electricity and utility bills can be tiring and financially straining. To combat this issue, Dombey Electric Co. has recently introduced their new self-recharged crypto miner, known as the Dompre. This miner is both sun and electrically enabled, meaning that it can be plugged into electricity to charge or it can attract sun by itself and charge with the smallest amount of sun. The miner is composed of photovoltaic cells, which are more solid and long-lasting, and it comes with a five year warranty.

To ensure that cryptocurrency miners don’t have to worry about electricity bills, Dombey Electric Co. is providing free solar power systems, called D200, with their mining equipment. These systems are simple to operate and come with an instruction booklet. The COO, James Eskola, expressed his enthusiasm for the new system, stating in „the Street“ that he believes many customers of their D200 will end up using it for camping rather than mining.

Dombey Electric Co.’s mission is to make cryptocurrency mining more efficient, cost-effective, and sustainable. Their new Dompre miner and D200 solar power system are a step towards this mission and are already being used by miners all over the world. Shipping to all parts of the world is also free, and more information on their products can be found at www.dombbit.com/products.