Another meme-based cryptocurrency Shiba Inu (SHIB) saw a price rise of over 1647.42% in the past week.
What Happened: At press time, SHIB was trading even higher at $0.00002948, gaining over 50% moments after Binance announced it would list the token.
See also:
SHIB’s price surge has added over $11 billion to the net worth of
Ethereum (CRYPTO: ETH) founder Vitalik Buterin, who holds over 505 billion SHIB tokens representing 50% of its total supply.
Why It Matters: The entirety of Buterin’s holdings were not actually the result of him purchasing the coins but rather a “give away” of sorts from Shiba Inu’s creators.
AMC Entertainment Holdings, Inc. (NYSE:AMC), and
NIO Inc. (NYSE:NIO) are trading at important support levels. If this support gives way, there’s a good chance the shares make a big move lower.
Support is a large concentration of investors who are all trying to buy shares at the same price. At support levels, there is more demand than supply. This is why sell-offs end when they reach them.
When a support level breaks, there’s a good chance a stock makes a rapid and large move lower. This is because it means the buyers who formed the support have finished or canceled their orders.
AMC will offer exclusive premiere of Chance the Rapper concert film - Kansas City Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
âWrath of Manâ Heist Film Is Set to Top Weekend Box Office
May 09 2021, 1:43 AM
May 08 2021, 5:30 PM
May 09 2021, 1:43 AM
(Bloomberg) âWrath of Man,â a heist film starring Jason Statham, is expected to open atop the weekend box office, ending five weeks of dominance by action movies set in Asia.
(Bloomberg) âWrath of Man,â a heist film starring Jason Statham, is expected to open atop the weekend box office, ending five weeks of dominance by action movies set in Asia.
The Metro-Goldwyn-Mayer movie from director Guy Ritchie is forecast to generate about $7.8 million in domestic ticket sales, far exceeding the projected No. 2 and No. 3, âDemon Slayerâ and âMortal Kombat,â which were released in April.
Are These Meme Penny Stocks On Your Under $5 List?
Weâve all heard the terms, Reddit penny stocks, meme stocks, and any other popular trends that have come up this year. And if youâre new to penny stocks, these are some of the biggest trends in the market right now.Â
For those unfamiliar, letâs talk about these briefly. Reddit penny stocks are a trend that has come up ever since GameStop (NYSE: GME) shot up in the triple-digit percentage points after almost declaring bankruptcy earlier this year. This was a coordinated effort by traders on the social media site Reddit and specifically in the subreddit, R/wallstreetbets.Â