Crypto & Blockchain Daily Brief Sunday, March 16, 2025

The article discusses the recent movement of Dogecoin on the price charts and provides a price prediction for the cryptocurrency. Dogecoin has been showing a bullish trend recently, with its price steadily increasing over the past few days. The article highlights that Dogecoin's price has been experiencing a series of higher highs and higher lows, indicating a positive trend in the market. The author identifies a key resistance level for Dogecoin at around $0.24 and suggests that if the cryptocurrency is able to break above this level, it could potentially reach a new all-time high. However, the article also notes that if Dogecoin fails to break above this resistance level, it may see a pullback in price. In terms of support levels, the article points out that Dogecoin has strong support at around $0.20, which has been holding up well during the recent price movements. The author suggests that as long as Dogecoin remains above this support level, the bullish trend is likely to continue. Overall, the article concludes that Dogecoin is currently in a strong position on the price charts and is showing positive signs of upward movement. The author predicts that if Dogecoin is able to break above the $0.24 resistance level, it could potentially see significant price gains in the near future. However, it is important to monitor how the cryptocurrency reacts to key levels of support and resistance to determine its future price movements.

The price of Shiba Inu cryptocurrency has surged by 20% following a massive burn of $535 million worth of SHIB tokens. The burn, which was announced by the Shiba Inu development team, involved sending the tokens to a dead wallet address, effectively removing them from circulation. This move is expected to reduce the total supply of SHIB tokens, potentially leading to an increase in their value. The burn of $535 million worth of SHIB tokens comes as part of the community's efforts to increase the scarcity of the cryptocurrency and drive up its price. The Shiba Inu community has been actively involved in promoting the cryptocurrency and creating a strong ecosystem around it. The recent burn is seen as a positive development for the project and has generated a lot of excitement among Shiba Inu holders. Following the announcement of the token burn, the price of Shiba Inu saw a 20% increase, with the cryptocurrency trading at around $0.000008 at the time of writing. The price surge has brought renewed interest in Shiba Inu and has sparked a fresh wave of buying activity among investors. Overall, the massive burn of $535 million worth of SHIB tokens has had a positive impact on the price of Shiba Inu, leading to a 20% gain. The move is seen as a strategic step to increase the scarcity of the cryptocurrency and generate more value for its holders.

The article discusses LightChain AI, a new cryptocurrency with a low price that has caught the attention of investors. LightChain AI is being compared to Pi Coin, which experienced a significant surge in value. The low price of LightChain AI has investors excited about the potential for growth and profit similar to what was seen with Pi Coin. The article highlights that while LightChain AI is currently trading at a low price, it has the potential to increase in value over time as more people become interested in the project. The project's focus on artificial intelligence and blockchain technology is seen as a positive aspect that could attract more investors. The article also mentions that LightChain AI is still in its early stages, which presents an opportunity for investors to get in at a low price before potential price increases in the future. The team behind LightChain AI is working on developing the project further and expanding its reach, which could lead to increased interest from the cryptocurrency community. Overall, the article emphasizes the potential for LightChain AI to replicate the explosive surge in value that Pi Coin experienced. Investors are encouraged to consider the project's focus on artificial intelligence and blockchain technology, as well as its current low price, as factors that could contribute to future growth and profitability.