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In the fast-paced world of decentralized finance (DeFi), the platform $DODO stands out as one of the key players redefining the concept of crypto exchanges. With its groundbreaking PMM algorithm and its focus on solving liquidity fragmentation across chains, $DODO is gearing up to lead the next phase of innovation in decentralized exchanges.

#FDUSD According to IntoTheBlock data, Shiba Inu's large holders' inflow has jumped a staggering 2,210%. This increase represents growth in the last seven days.
The Large Holders Inflow metric from IntoTheBlock tracks funds flowing into addresses belonging to whales or large holders on a weekly, monthly or yearly basis.
A spike in significant holder inflows could indicate one of two things: first, large-holder inflows can signal market bottoms because major addresses or whales prefer to buy in bulk after significant price declines.
Second, a substantial increase in large-holder inflows may indicate that strong buying activity is taking place. This is possible because many of these addresses buy on centralized exchanges and subsequently transfer their purchases to cold storage.
Both scenarios seem plausible, as SHIB is currently experiencing a price drop due to profit-taking. After a massive spike on Aug. 5 to highs of $0.0000105, #Shibainu witnessed a price drop as investors took gains.
At the time of writing, SHIB was down 4% in the last 24 hours to $0.000009. #crypto data tracker Whale Alert spotted massive movement in SHIB tokens in the last 24 hours.
A whopping 8.7 million SHIB tokens have been shifted between whales' wallets, per Whale Alert data.
A single transaction saw 4,382,252,578,938 SHIB tokens worth $40,064,744 between wallets. Another 4,412,252,578,938 $SHIB tokens worth $40,672,144 moved between wallets.
The Large Holders Netflow indicator shows how whales and investors' positions have changed. Netflow spikes may indicate accumulation from major holders or whales, while declines may indicate reduced positions or selling.
Netflows fell by -3,354% in the last seven days as whales cut their positions, whereas this increased by 3,172% in the last 30 days.#MultiChain #BinanceTournament

#FDUSD August 8th, the Shiba Inu price showed a bullish engulfing candle on the flipped support trendline of a rising wedge pattern. The bullish candle with strong volume indicates the buyers have managed to sustain the new support, leading to a rally above $0.00001. Should you accumulate this memecoin or is it too late?
Also Read: Shiba Inu Price Shoots With Strong SHIB Burning, #Binance Increases OTC Limit
Shiba Inu Price Daily Chart:
Overhead supply at $0.0000105 resistance at a hint the SHIB price could witness a minor consolidation before the next leap.A bullish breakout from the $0.0000105 resistance could bolster SHIB price for a 12.8% riseThe intraday trading volume of the Shiba Inu coin is $308.2 Million, showing a 4.5% loss.
Source- Tradingview
The Shiba Inu coin witnessed a significant inflow this week, leading to four days of consecutive recovery. This bullish jump recorded a 15.2% rally and reached the current price of $0.0000102.
However, the rising price has taken a halt at the last swing high of $0.0000105. A high wick attached to the daily candle reflects the overhead supply pressure is intact. After a significant price rally, a short consolidation is expected to absorb the build-up selling pressure.
Thus, the SHIB price could resonate below $0.0000105 before breaking this level for a leap higher. With sustained buying, the buyers should surge the prices 12.8% higher to hit $0.00001188.
Can $SHIB Price Trigger a Correction Back to $0.0000088?
If the overhead supply rises, a breakdown below a minor support of $0.0000097 would reflect weakness in bullish momentum. This reversal may also develop in a bearish reversal pattern called double top. Under the influence of this pattern, the coin price could tumble to $0.0000088.
Exponential Moving Average: The #Shibainu price above 200-day EMA indicates the market sentiment is bullish.Average Directional Index: The daily ADX slope at 39% reflects that the buyers may soon run out of steam and therefore a pullback or consolidation is needed to replenish bullish momentum.#Worldcoin #MultiChain

#FDUSD 1 The Algorand coin’s price increased by 2.50% over the last week.2 The price of ALGO coin is trading at $0.11425 and the 52-week range is $0.09853 – $0.29788.
Algorand (ALGO) has a fully diluted valuation (FDV) of $1,141,164,983. This is a hypothetical market cap, assuming all 10 Billion ALGO tokens are circulating today. This is according to the crypto data and information website Coingecko. However, the actual FDV may take years to reach, depending on how the ALGO tokens are distributed over time.
As per Coinmarketcap, Algorand crypto plummeted by 2.97% in market value and by 32.49% in trading volume in the last 24 hours. Its market value is $890,404,530 and its trading volume is $54,697,594. There are 7,810,458,410 ALGO in circulation.
Algorand coin’s (ALGO) open interest is $37.06 Million. As per Coinglass, another crypto analysis website, it fell by 3.57% in the previous session. The long versus short ratio for 24 hours is 0.9361. The total number of short positions added in the last 24 hours is $4.58 K against longs of $66.48 K.
ALGO Coin Price Technical Analysis in the 1-Day Timeframe
ALGO coin price showed a downward trend for the past three months, decreasing by 32.34% during this period. At the time of publication, the ALGO Coin price is trading at $0.11425, and the price took support at the $0.09852 level and broke the trendline resistance.
Therefore, if the ALGO Coin price sustains the current level and rises, then it might hit the nearest resistance levels of $0.12237 and $0.13978.
However, the ALGO coin price could continue to move downwards and reach an all-time low at $0.09853. If it fails to maintain the current level.
Source: ALGO/USD.1D.BITSTAMP by TradingView
At the time of publishing, the ALGO coin price (BITSTAMP: ALGO) is trading below the 50, 100, and 200-day EMAs (exponential moving averages), which are rejecting the ALGO Coin price trend.
However, 20-day EMA is supporting the trend if more buying volume adds up then the price might conquer rejecting EMA’s by making higher highs and lows.
Hence, ALGO Coin price prediction estimates the prices to move upwards, indicating a bullish outlook over the daily time frame chart for its price.
Source: ALGO/USD.1D.BITSTAMP by TradingView
The MACD line at 0.00136 and the signal line at 0.00227 is below the zero line and both lines crossed each other a bullish crossover is observed in the MACD oscillator, suggesting bullish signals. The current value of the RSI is 52.81 points and the 14-day SMA is below the median line at 44.06 points, which indicates an upward direction and bullish sentiments in the market for the ALGO coin.
Conclusion
ALGO coin price prediction highlights the bullish sentiments and perspectives of investors and traders regarding the ALGO coin in the daily time frame. Algorand price action highlights a bullish view at the time of publishing. Moreover, the technical parameters of the Algorand price suggest the continuation of the uptrend over the daily time frame chart. Major trustworthy indicators MACD, RSI, and EMA, provide positive signals regarding the $ALGO crypto prices.
Technical Levels
Support levels: The nearest support levels are all-time low at $0.09853.Resistance levels: The nearest resistance levels are $0.12237 and $0.13978.
Disclaimer
In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in #crypto assets comes with a risk of financial loss.#crypto2023 #MultiChain #BinanceTournament

#GOATMoments Tesla (NASDAQ: TSLA) CEO Elon Musk is known for his appreciation of the meme cryptocurrency Dogecoin (DOGE) and his close association with the token, which consistently influences its value. As the world’s richest man, Musk’s preference for Dogecoin is intriguing, especially considering the existence of other established cryptocurrencies, such as Bitcoin ($BTC ) and Ethereum ($ETH ).
In this line, during his appearance at the Wall Street Journal CEO Council Summit in Q2 2023, Musk elaborated on why the meme coin ranks as his favorite cryptocurrency. Musk explained that his love for Dogecoin goes beyond the token’s capabilities in the cryptocurrency market and is more related to its humorous nature.
At the same time, despite his influence in the crypto space, Musk made it clear that he is not advising anyone to invest in digital currencies or take any financial risks lightly.
“I’m not advising anyone to buy a crypto or bet the farm on Dogecoin or anything like that. Maybe you should, but let me advise you that would be perhaps unwise. Dogecoin is my favorite cryptocurrency because it has the best humor and has dogs.”
"Dogecoin is my favorite cryptocurrency because it has the best humor and has dogs" — Elon Musk pic.twitter.com/sMGv1AbzQC— DogeDesigner (@cb_doge) July 19, 2023
Musk’s relationship with DOGE
Musk’s connection with Dogecoin has been longstanding, marked by his promotion of the cryptocurrency on platforms such as Saturday Night Live, purchasing it for his son, and expressing his willingness to collaborate with its developers to enhance its appeal for broader use. In a true show of commitment, he temporarily replaced the Twitter logo with a Dogecoin image after acquiring the company.
At the same time, crypto players are also appreciating Musk’s role in helping Dogecoin find viability. For instance, Changpeng Zhao, the CEO of Binance, shared his surprise that Dogecoin had not faded away and suggested that Musk might have played a part in prolonging the lifespan of the memecoin.
Notably, there is increased speculation that Dogecoin might find a new role within the Twitter ecosystem after Musk announced a new financial system for the social media platform.
Furthermore, as reported by Finbold, Dogecoin surged briefly when reports emerged about Tesla potentially integrating Bitcoin and DOGE as payment options, driven by the possibility of adding source code.
Despite Musk’s specific appreciation for #Dogecoin , he remains an influential figure in the overall #cryptocurrency market. In line with this, Finbold reported that the billionaire entrepreneur agreed with the notion that by 2030, #cryptocurrencies. will be backed by GPUs.
In the meantime, $DOGE continues to hold above the $0.07 support zone, trading at $0.072 at the time of writing.#MultiChain

#Binanceturns6 Twitter owner Elon Musk is making good on his promise to reward content creators on the platform, and the first tranche of payments has been sent out. According to reports, the distribution of ad rewards has commenced with $5 million paid out to creators.
Dogecoin founder featured as top earner
Known for his active presence on the social media platform, Dogecoin creator Billy Markus was one of the top earners, showcasing his brand as one of the most engaged on the social media platform.
The Dogecoin founder, with a total of 2.1 million followers, was paid the sum of $37,050, and this ranks him as the second highest earner in the first block of payments sent out. Markus's earnings lag behind those of the Internet Hall of Fame, which garnered $107,247 with approximately 1.9 million followers.
i like twitter pic.twitter.com/WRRoKUl3pr— Shibetoshi Nakamoto (@BillyM2k) July 13, 2023#GOATMoments
The amount sent to creators is obviously not a function of the total number of followers, seeing as other creators with more followers earn considerably less. Billy Markus has strong engagement on his posts to place him in the top spot, and he has the Dogecoin community to thank.
The Elon Musk Influence
The popularity of the Dogecoin founder might have been influenced by his seemingly close relationship with Elon Musk. Both men have a common interest in the Shiba Inu-themed digital currency.
As reported on different occasions by U.Today, both Musk and the #Dogecoin founder are known to engage with each other's content, helping the crypto innovator boost his overall visibility.
When #ElonMusk took over after the acquisition of Twitter last year, many were optimistic that his leadership would bring good tidings to creators in the digital currency ecosystem. While the payout may be small relative to Markus's perceived network, it is a good place to start for more to come.#multichain

#multichain This eagerly anticipated event presents an incredible opportunity for developers, creators, and projects to secure funding for their innovative initiatives.
The official announcement urges all enthusiasts to mark their calendars for this significant event. Whether you’re an established participant or a newcomer, GG18 promises to be an inclusive and impactful crowdfunding initiative.
📆SAVE THE DATE 📆 🎉Gitcoin Grants 18: Aug 15-29, 2023🎉 Mark your calendars for #GG18! Applications open on August 1st – be on the lookout for more details to follow 🫡 Let’s Fund What Matters. Together 🍃 pic.twitter.com/4eYiJHbpo1— Gitcoin 🟢 (gitcoin) July 19, 2023
Gitcoin, known for its commitment to supporting open-source projects and the broader Ethereum ecosystem, is gearing up to open applications for GG18 starting on August 1st. This presents a unique chance for individuals and teams to get their ideas and projects in front of a supportive community and secure financial backing for their visions.
The event aims to foster collaboration, growth, and progress in the blockchain and #cryptocurrency space. Gitcoin’s vibrant ecosystem attracts developers and creators from all corners of the world, creating a diverse and dynamic community united by a shared goal: to Fund What Matters.
With a history of successful rounds, GG18 is expected to be a catalyst for groundbreaking projects that push the boundaries of what’s possible in the decentralized space. The platform enables backers and sponsors to contribute directly to projects they believe in, making a tangible impact on the growth of the #blockchains ecosystem.
As the application date draws near, the Gitcoin team is working diligently to provide aspiring participants with all the necessary information and guidance to ensure a smooth and successful process. Be on the lookout for additional details and resources to make the most of this opportunity.
Gitcoin Grants represents more than just a fundraising mechanism; it embodies the spirit of collaboration and community-driven development. It brings together like-minded individuals and organizations, fostering connections that go beyond financial support.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.#Binanceturns6