Close Menu
  • Home
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Ethereum
  • DeFi
  • NFTs
  • Regulations
  • Investing
  • Technology
  • All Posts
What's Hot

Blockchain to Drive $7 Billion Real-World Asset Initiative in DeFi

Apr. 18, 2025

Bitcoin and Solana maintain their dominance in the crypto market despite a slowdown in Q1 2025.

Apr. 18, 2025

Crypto Exchange eXch to Cease Operations on May 1 Following Accusations of Laundering $35 Million from Bybit Hack

Apr. 18, 2025
Facebook X (Twitter) Instagram
X (Twitter) Telegram
BTC Cast
  • Home
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Ethereum
  • DeFi
  • NFTs
  • Regulations
  • Investing
  • Technology
  • All Posts
Subscribe
BTC Cast
Home ยป Bitcoin halving ignites speculation of a potential supercycle
Bitcoin

Bitcoin halving ignites speculation of a potential supercycle

By adminApr. 17, 2024No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Bitcoin halving ignites speculation of a potential supercycle
Bitcoin halving ignites speculation of a potential supercycle
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

In light of the upcoming Bitcoin halving, which is known to have a positive impact on prices, Lucie, a member of the Shiba Inu team, has suggested that the cryptocurrency could potentially experience a supercycle, where price trends mirror those of Bitcoin’s market movements. Lucie shared a chart illustrating a consistent pattern of asset bottoming out and then resuming accumulation, indicating the start of a bull market. However, they believe that the current market is still in the process of reaching these stages, suggesting that prices are still on an upward trajectory.

Lucie is urging the Shiba community to conduct thorough research by taking a broader view of the market. The supercycle is thought to be in its early stages, much like Lucie’s assessment. Every four years, Bitcoin undergoes a halving process, which involves reducing the number of new coins introduced into the protocol. This event usually marks a significant turning point in the crypto market. It is achieved by halving the reward for mining new blocks, resulting in a slower creation rate of Bitcoins and limited availability.

Throughout cryptocurrency history, intensive bull runs have followed each halving event, bolstering investor confidence. However, the anticipation of this scarcity has also played a crucial role in influencing investors’ decisions.

The Shiba community is now embracing the concept of a supercycle as the Bitcoin halving approaches. This refers to a period in the cryptocurrency market characterized by a rapid rise in prices. The belief is that a reduced supply will potentially drive up demand and consequently increase the price of Bitcoin. At the time of writing, SHIB was trading higher among the top 20 cryptocurrencies, with a 4% increase in the last 24 hours, reaching $0.00002243. Additionally, Shibarium’s gas token, BoneShibaSwap (BONE), also experienced a notable 4% rise in the last 24 hours, reaching a value of $0.594. The expectation of a Bitcoin-like supercycle in SHIB appears promising, although past performance does not necessarily guarantee future results.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link

Related Posts

Bitcoin

Crypto Exchange eXch to Cease Operations on May 1 Following Accusations of Laundering $35 Million from Bybit Hack

Apr. 18, 2025
Bitcoin

Bitcoin and Solana maintain their dominance in the crypto market despite a slowdown in Q1 2025.

Apr. 18, 2025
Bitcoin

Blockchain to Drive $7 Billion Real-World Asset Initiative in DeFi

Apr. 18, 2025
Bitcoin

Coinbase Enhances Solana Infrastructure Following User Feedback

Apr. 18, 2025
Bitcoin

US Customs Collected $500 Million from Trump Tariffs, Significantly Below President’s Projections

Apr. 17, 2025
Bitcoin

Ripple’s CTO Issues Public Warning Following John Deaton’s Suspicious Post Raising Hack Concerns

Apr. 16, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Altura unveils a cutting-edge smart NFT platform

Sep. 6, 2021

The Resurgence of Blockchain Gaming in English

Sep. 20, 2021

Play-to-Earn Approaches in the NFT Gaming Sector

Sep. 20, 2021

Is SolChicks yet another dubious venture capitalist and founder’s scheme?

Dec. 2, 2021
Don't Miss

Blockchain to Drive $7 Billion Real-World Asset Initiative in DeFi

Apr. 18, 2025

Ethereum Layer 2 network Arbitrum has launched a new project called Converge, a blockchain for proce…

Bitcoin and Solana maintain their dominance in the crypto market despite a slowdown in Q1 2025.

Apr. 18, 2025

Crypto Exchange eXch to Cease Operations on May 1 Following Accusations of Laundering $35 Million from Bybit Hack

Apr. 18, 2025

Coinbase Enhances Solana Infrastructure Following User Feedback

Apr. 18, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
About Us
About Us

BTC Cast is your premier destination for the latest news about Bitcoin and cryptocurrency. We offer comprehensive coverage, including updates on market trends, technological developments, and industry insights.

X (Twitter) Telegram
Our Picks

Blockchain to Drive $7 Billion Real-World Asset Initiative in DeFi

Apr. 18, 2025

Bitcoin and Solana maintain their dominance in the crypto market despite a slowdown in Q1 2025.

Apr. 18, 2025

Crypto Exchange eXch to Cease Operations on May 1 Following Accusations of Laundering $35 Million from Bybit Hack

Apr. 18, 2025
Most Popular

Coinbase SEC Lawsuit: Implications for Crypto Industry and Ripple

Mar. 31, 2024

Bitcoin Network Turns Positive Bullish Signal for Investors

Oct. 24, 2024

What are Llama Land and Apus Network as mentioned at the AI on AO conference

Jul. 3, 2024
© 2025 BTC Cast All rights reserved.
  • Home
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Ethereum
  • DeFi
  • NFTs
  • Regulations
  • Investing
  • Technology
  • All Posts

Type above and press Enter to search. Press Esc to cancel.