• Moonbeam is a smart contract operating network and cryptocurrency that has generated plenty of good buzz in the crypto world.
• This article offers Moonbeam price predictions through 2023 and the years to come.
• This GLMR price prediction will take deep dive into its prospects.

Overview of Moonbeam (GLMR)

Moonbeam is a cryptocurrency and smart contract operating network that is compatible with the Polkadot chain. It has recently been generating plenty of good buzz in the crypto world due to its dedication to interoperability. The current market cap for GLMR stands at $202,967,122 with a circulating supply of 424,697,249 GLMR tokens, and an all-time high of $29.84 on January 11th 2022.

Moonbeam Price Prediction 2023

According to expert analysis, Moonbeam price can strike record levels with a maximum of $0.841 by the end of 2023.

Moonbeam Price Forecast 2024

The GLMR price could see a potential surge over the next few years with a forecasted maximum of $3.496 by 2024 if market conditions stay favorable for this cryptocurrency.

Moonbeam Price Prediction 2025

If market trends continue as expected, then Moonbeam’s (GLMR) price could go as high as $5.024 by 2025!

CoinPedia’s Moonbeam’s (GLMR) Price Prediction

CoinPedia predicts that Moonbeam may have good returns in the long term given its recent success in terms of adoption and innovation within the blockchain space. According to their analysis, they believe that GLMR could reach up to around $10 in value by 2030 if all goes according to plan!

Overview

• Shiba Inu (SHIB) prices have recently dropped below the $0.00001 mark due to a bearish market trend.
• Shytoshi Kusama, Shibaswap’s lead developer, has confirmed that the Shibarium beta version will be released this week.
• Burning up to 111 trillion tokens annually may push SHIB prices higher, potentially allowing it to move beyond $0.000017 soon.

Shiba Inu Price Drop

Shiba Inu (SHIB) prices have continued to flash bullish signals despite an overall bearish market environment. Despite this, SHIB prices have dropped by more than 12% since the previous trading day and pierced through the crucial support at $0.00001, validating the commencement of a fine bearish wave.

Burning Mechanism of SHIB

The platform intends to uplift the SHIB price to $0.01 and therefore burn 100 trillion SHIB each year in order to achieve their goal. Additionally, with the launch of Shibarium on ShibaSwap, it is possible for another one trillion tokens to be burned annually as well; if 1% of fees get stacked on Shibarium then this will double and reach 111 trillion tokens per year which could help push up SHIB prices significantly reducing its value with a couple of zeros taken off its current worth.

Adam & Eve‘ Trend Reversal Pattern

The daily chart above displays the formation of an ‚Adam & Eve‘ trend reversal pattern which is varieties of double bottom patterns where-in;the first bottom is on largest trading volumes and second bottom is ‚u-shaped‘, protracted and unremarkable volume compared to first bottom’s volume . This pattern suggests that SHIB prices may trigger a rebound very soon if it continues following this pattern correctly as expected earlier .

Conclusion

In conclusion , burning mechanism for shib token can possibly increase its value considerably in upcoming days . Also Adam & Eve trend reversal pattern suggest that shib price may trigger rebound very soon .

• Silvergate Bank’s stock price fell by more than 30% in after-hours trading after announcing a delay in releasing its annual 10-K report.
• The SEC requires a 10-K report to provide an overview of the company’s financial situation and operations.
• Silvergate reported a $1 billion net loss and $14 billion reduction in customer deposits in the fourth quarter of 2022.

Silvergate Stocks Tumble by 30%

Silvergate Bank’s stock price fell by more than 30% in after-hours trading after announcing a delay in releasing its annual 10-K report, which is required by the Securities and Exchange Commission (SEC). The 10-K report provides an overview of a company’s financial situation and operations.

Financial Losses for Silvergate

In the fourth quarter of 2022, Silvergate reported a $1 billion net loss and $14 billion reduction in customer deposits due to the „planned reduction in digital asset banking deposits“ and market turmoil. As result, Silvergate turned to the Federal Home Loan Bank (FHLB) for a $4.3 billion loan in January.

Additional Steps Being Taken

Silvergate is currently going through additional steps to complete certain audits requested by their independent certified public accounting firm. They are assessing how these events have impacted their ability to continue as a “going concern” for the next 12 months upon publishing their financial statements.

Impact on Regulatory Capital Ratios

The additional losses could negatively affect regulatory capital ratios of both Silvergate Corporation and its wholly owned subsidiary, Silvergate Bank, resulting in both being less than well-capitalized.

Reevaluating Business Strategies

Silvergate is reevaluating its business strategies due to current market challenges that it faces. They are taking extra steps to ensure that all necessary information is included regarding their financial situations so investors can make informed decisions about investing or not investing with them according to their own risk assessments.