Global #market sentiment

As investors and enthusiasts eagerly anticipate the performance of Notcoin (NOT) on June 12, expert analysts are weighing in with their predictions based on market trends, technical indicators, and broader economic factors.

The crypto market is currently experiencing a neutral trend with a hint of bullishness. This is reflected in the price of Binance Coin (BNB), which is hovering around $602.25 as of June 12, 2024.

The Floki Inu cryptocurrency (FLOKI) has experienced a significant decline, plummeting 28% from its peak value of $0.000346. This sharp drop mirrors the broader downturn in the cryptocurrency market, raising concerns about the sustainability of the recent bull run.

The recent deposit of a substantial amount of PENDLE tokens on Binance by a prominent whale has ignited discussions about the future price trajectory of this DeFi token. While some see this as a bullish indicator, others remain cautious about the implications of such a large influx of tokens into the exchange.

XRP, the cryptocurrency associated with Ripple, has seen a significant surge in holders throughout June, with an estimated 100,000 new addresses joining the network. This uptick in interest has sparked discussions about the potential impact on XRP's price.

The price of Shiba Inu (SHIB), a popular meme cryptocurrency, has been under pressure lately, potentially breaking through a key support level. This raises concerns for SHIB holders, as a drop below this level could lead to further price decline.