Latest news for Wallenius Wilhelmsen (OTC:WILWY) Stock

Wallenius Wilhelmsen ASA is a transportation and logistics solutions company. The company has three reportable operating segments namely Shipping services; Logistics services and Government services. It generates maximum revenue from the Shipping services segment. The shipping services segment is engaged in ocean transport of cars and RoRo cargo. Its main customers are global car manufacturers as well as manufacturers of construction and other high and heavy equipment. The shipping services segment is engaged in ocean transport of cars and RoRo cargo. Geographically, it derives a majority of revenue from the Americas.

WALLENIUS WILHELMSEN ADR by Wallenius Wilhelmsen ASA

Wallenius Wilhelmsen ASA

U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Thursday.
Shares of NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) rose sharply in <a href="https://www.benzinga.com/25/01/42758540/us-listed-chinese-ev-startups-clock-delivery-growth-in-december-li-auto-tops-the-chart-mona-m03-spurs-xpeng-nios-onvo-breaches-10000-monthly-delivery-milestone">today's trading session</a>.
Nio said it delivered 31,138 vehicles in December, representing a 72.9% year-over-year surge. Its deliveries surged 38.7% year-over-year to 221,970 vehicles in 2024.
Nio shares jumped 5.7% to $4.6100 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Butterfly Network, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFLY#NYSE">BFLY</a>) shares jumped 26.7% to $3.9553.</li>
<li>Nano-X Imaging Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNOX#NASDAQ">NNOX</a>) gained 23.5% to $8.90.</li>
<li>Quantum-Si incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSI#NASDAQ">QSI</a>) jumped 21.4% to $3.2788.</li>
<li>SEALSQ Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) surged 20.5% to $7.41.</li>
<li>Microvast Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVST#NASDAQ">MVST</a>) gained 17.4% to $2.4299.</li>
<li>Sunnova Energy International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOVA#NYSE">NOVA</a>) rose 17% to $4.0200.</li>
<li>Uranium Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UEC#NYSE">UEC</a>) gained 11.4% to $7.45.</li>
<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) shares surged 10.7% to $24.88 on the heels of a new post from meme stock trader Keith Gill, also known as &#8220;Roaring Kitty." Gill's latest post on X has sparked speculation that the trader could be planning to invest in shares of Unity Software.</li>
<li>Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) rose 10% to $10.17.</li>
<li>Recursion Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>) rose 9.3% to $7.39.</li>
<li>ZIM Integrated Shipping Services Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) gained 8.5% to $23.30.</li>
<li>IAMGOLD Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) rose 8.2% to $5.59.</li>
<li>QuantumScape Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) gained 7.5% to $5.58.</li>
<li>Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) climbed 6.8% to $238.87. Constellation said it won $1 billion in combined contracts by US. General Services Administration.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/01/42762297/this-analyst-with-85-accuracy-rate-sees-around-10-upside-in-alphabet-here-are-5-stock-picks-for-2024-from-wall-streets-most-accurate-analysts">This Analyst With 85% Accuracy Rate Sees Around 10% Upside In Alphabet &#8211; Here Are 5 Stock Picks For 2024 From Wall Street&#8217;s Most Accurate Analysts</a></li>
</ul>

BFLY

LAES

MVST

NNOX

NOVA

RXRX

Nio, Unity Software And Other Big Stocks Moving Higher On Thursday

Kevin O&#8217;Leary, known as &#8220;Mr. Wonderful&#8221; on Shark Tank, is never shy about sharing his financial wisdom. In a series of interviews, he's laid out clear, no-nonsense advice about how much money you need to live comfortably and ensure long-term financial security. Here are the key takeaways from O&#8217;Leary&#8217;s perspective.
<h2 class="wp-block-heading">The $5 Million Milestone</h2>
O&#8217;Leary <a href="https://www.youtube.com/watch?v=inxY8Kxa2R4">says</a> the ultimate goal for financial security is to have $5 million saved. Why this specific amount? With <a href="https://www.benzinga.com/markets/24/12/42396510/why-kevin-oleary-thinks-its-easier-getting-to-5-million-from-1-million-than-getting-your-first-milli">$5 million in the bank</a>, earning 6-7% annually can provide a steady income stream to support you and your family for life, regardless of what happens.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">When you have money, you can take risks. I tell young entrepreneurs all the time, you have to get to a place where you have $5M in the bank. <a href="https://t.co/wj5sln9jd5">pic.twitter.com/wj5sln9jd5</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1695131494442803633?ref_src=twsrc%5Etfw">August 25, 2023</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Don't Miss:
<ul>
<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>
"You can survive the rest of your life no matter what happens, and your family – you can take care of a lot of people," O&#8217;Leary explains. Once you reach that $5 million mark, O&#8217;Leary advises setting it aside and keeping it untouchable. After that, you're free to take risks with any additional money, investing it in opportunities that could grow your wealth further.
<h2 class="wp-block-heading">How Much Is Enough?</h2>
While $5 million may be the ultimate target, O&#8217;Leary recognizes that not everyone needs that much to live comfortably. The amount depends on your lifestyle.
<a href="https://www.youtube.com/watch?v=TcpVd9VmE7M">According</a> to O&#8217;Leary, with $500,000 in savings, you can generate 5% annual returns with minimal risk, enough to live modestly without needing additional income. If you&#8217;re comfortable with more risk, you could aim for returns of 8.5-9% by <a href="https://www.benzinga.com/money/how-to-buy-stocks">investing in equities</a>.
However, he strongly advises against pouring your money into risky ventures like family-owned restaurants, bowling alleys or bars. "You'll lose your money on that," he warns.
See Also: The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a>
<h2 class="wp-block-heading">Save $100,000 by Age 33</h2>
For younger people wondering how to start building wealth, O&#8217;Leary <a href="https://www.youtube.com/watch?v=5T1FtXpZjO8">suggests</a> a concrete first goal: save $100,000 by the time you're 33. He acknowledges this might sound daunting but insists it's doable by <a href="https://www.benzinga.com/money/what-is-the-50-30-20">saving 20% of your paycheck</a> and investing it to grow at 5-7% annually.
O&#8217;Leary is willing to give you a break if you miss the target – you have until 35 to hit the milestone. Why 33? He calls it the tipping point – the age when saving becomes critical. &#8220;If you haven't saved anything by the time you're 33, you're way behind the 8-ball,&#8221; he says.
Trending: Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.
Hitting that $100,000 goal by 33 sets the stage for bigger milestones. O&#8217;Leary recommends aiming for <a href="https://www.benzinga.com/personal-finance/24/07/39993957/can-you-guess-what-percent-of-people-have-500-000-saved-for-retirement-shockingly-its-probably-l">$500,000 by retirement</a> at 60, breaking the decades into manageable saving and investing chunks.
Kevin O&#8217;Leary's advice concerns three key principles: save aggressively, invest wisely and avoid risky ventures. Whether your goal is $100,000, $500,000 or $5 million, the key is starting early and sticking to a plan.
"It's all about lifestyle," O&#8217;Leary says. Understanding your financial needs and making informed decisions now can ensure you're comfortable – and even thriving – later in life.
Read Next:
<ul>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
<li>Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a></li>
</ul>

Personal Finance

To 'Survive No Matter What,' Kevin O'Leary Says You Need $5M In The Bank – 'You Can Take Care Of A Lot Of People'

Macro Economic Events

Market Summary

Economics

General

$BTC

TSLA

Benzinga Market Summary: Tesla Falls On Delivery Numbers, Nasdaq Rises, Bitcoin Moves Higher

News

Econ #s

USA Distillate Fuel Production Build Of 0.099M Vs Build Of 0.178M Prior

Macro Notification

US Crude Oil Inventories: 1.178M Barrel Draw vs 2.4M Barrel Draw Est.

Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) has outperformed the market over the past 15 years by 8.04% on an annualized basis producing an average annual return of 19.55%. Currently, Visa has a market capitalization of $613.35 billion. 
Buying $100 In V: If an investor had bought $100 of V stock 15 years ago, it would be worth $1,460.28 today based on a price of $316.74 for V at the time of writing.
<h3>Visa's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1735833609_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In This Stock 15 Years Ago Would Be Worth This Much Today

Looking into the current session, Parsons Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSN#NYSE">PSN</a>) shares are trading at $92.00, after a 0.27% decrease. Over the past month, the stock fell by 7.35%, but over the past year, it actually increased by 48.58%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2025/1735833608_0.png" alt="Past Year Chart" />

<h3>Parsons P/E Compared to Competitors</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of 35.06 in the Professional Services industry, Parsons Inc. has a higher P/E ratio of 131.79. Shareholders might be inclined to think that Parsons Inc. might perform better than its industry group. It's also possible that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1735833608_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

Markets

Price Over Earnings Overview: Parsons

BGLC

BioNexus Gene Lab Shares Halted On Circuit Breaker To The Downside, Stock Now Down 107.4%.

Aptorum Group Shares Halted On Circuit Breaker To The Downside, Stock Now Down 17.1%

Wedbush analyst Richard Anderson upgrades Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) from Neutral to Outperform and raises the price target from $19 to $21.

Upgrades

Price Target

Analyst Ratings

Wedbush Upgrades Douglas Emmett to Outperform, Raises Price Target to $21

Financing

Offerings

Aptorum Group Prices Registered Direct Offering Of 1,535,000 Class A Ordinary Shares At $2/Share

Expion360 Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XPON#NASDAQ">XPON</a>) shares are trading higher today.
The company disclosed the distribution of its&nbsp;e360 <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g42763297/expion360-to-begin-shipping-e360-home-energy-storage-solutions-to-integration-partner-wellspring-s" rel="noreferrer noopener">Home Energy Storage Solutions</a>.
The company has started fulfilling purchase orders for its HESS products to Wellspring Solar, a division of Wellspring Components.
Wellspring has been a key partner in the HESS pilot program, offering expertise in system development and testing.
Brian Schaffner, Chief Executive Officer of Expion360, said, &#8220;We believe the HESS product line will benefit from a fast-growing battery energy storage market, and consumer uptake can rapidly scale with the introduction of products that improve price, flexibility, and integration.&#8221;
&#8221;We also anticipate HESS will benefit from incentives available through California&#8217;s Self-Generation Incentive Program and federal tax credits available through the Inflation Reduction Act for home battery systems. We look forward to working closely with Wellspring for additional orders in 2025.&#8221;
In a separate release, the company reported fourth-quarter preliminary revenues of around $1.8 million—$2.0 million, up from <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g42763612/expion360-reports-select-preliminary-unaudited-fourth-quarter-2024-financial-results" rel="noreferrer noopener">$1.4 million in the third quarter of 2024</a>.
Also, Expion360 sees a preliminary net loss of $450,000 &#8211; $350,000, a significant improvement from the $2.2 million loss in the fourth quarter of 2023, reflecting ongoing investments in<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener"> product development and launches</a>.
Brian Schaffner stated, &#8220;We believe we are making significant progress against our goals with the ongoing expansion of our OEM relationships and distribution network to meet the increasing demand for high-quality lithium battery technology from existing and recent new customers including Scout Campers, Alaskan Campers, and K-Z Recreational Vehicles.&#8221;
&#8221;Our progress also expands beyond this vertical, having just announced that we will begin shipping our Home Energy Storage Solutions to our key integration partner, Wellspring Solar, in January 2025.&#8221;
Price Action: XPON shares are up 32.6% at $3.17 at the last check Thursday.
Read Next:
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<li><a href="https://www.benzinga.com//node/42764583" target="_blank" rel="noreferrer noopener">Mortgage Rates Soar To 6.97%, Applications Crash, Jobless Claims Fall: Thursday&#8217;s Economic Data</a></li>
</ul>

Earnings

Equities

Contracts

Small Cap

Movers

XPON

Why Is Lithium Battery Company Expion360 Stock Surging Today?

Constellation Wins $1B In Combined Contracts By US. General Services Administration

SPCB

SuperCom Shares Resume Trade

In the current market session, Capital Southwest Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSWC#NASDAQ">CSWC</a>) price is at $21.94, after a 0.55% spike. However, over the past month, the stock fell by 3.86%, and in the past year, by 12.15%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1735832719_0.png" alt="Past Year Chart" />

<h3>Capital Southwest P/E Compared to Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Capital Southwest has a lower P/E than the aggregate P/E of 17.14 of the Capital Markets industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1735832719_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

CSWC

Price Over Earnings Overview: Capital Southwest

Deckers Outdoor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) has outperformed the market over the past 20 years by 17.05% on an annualized basis producing an average annual return of 25.4%. Currently, Deckers Outdoor has a market capitalization of $30.85 billion. 
Buying $1000 In DECK: If an investor had bought $1000 of DECK stock 20 years ago, it would be worth $92,834.68 today based on a price of $203.09 for DECK at the time of writing.
<h3>Deckers Outdoor's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1735832708_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DECK

Here's How Much $1000 Invested In Deckers Outdoor 20 Years Ago Would Be Worth Today

<a href="https://www.benzinga.com/topic/chinese-stocks" target="_blank" rel="noreferrer noopener">Chinese stocks</a> — including Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), and JD.com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) — are trading lower Thursday as they resumed trading after New Year's Day.
China's Caixin/S&amp;P Global manufacturing purchasing managers' index for December fell to 50.5, below the analyst consensus of 51.7, CNBC <a href="https://www.cnbc.com/2025/01/02/asia-markets-set-to-resume-trading-after-new-year-day-holiday.html" target="_blank" rel="noreferrer noopener">cites</a> a Reuters poll. 
The index compared to 51.5 in November and 50.3 in October, reflecting a slowdown as exports weighed on demand amid intensifying geopolitical tensions with the West in the form of a semiconductor embargo from the U.S. along with concerns over possible tariffs as threatened by President-elect Donald Trump during his presidential campaigns, CNBC cites Wang Zhe of Caixin Insight Group.
Also Read: <a href="https://www.benzinga.com/media/25/01/42761737/alibaba-leverages-scale-and-deep-pockets-to-slash-ai-llm-prices-to-gain-market-share" target="_blank" rel="noreferrer noopener">Alibaba Leverages Scale and Deep Pockets to Slash AI LLM Prices To Gain Market Share</a>
The official PMI for December,&nbsp;released Tuesday, came in at 50.1, below consensus estimates.
The iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>), which represent Chinese equities, traded lower Thursday despite President Xi Jinping's assurances of policies to support economic growth during his New Year address.
China will reportedly increase <a href="https://www.benzinga.com/24/12/42671739/chinese-stocks-surge-on-stimulus-plans-to-counter-us-tariff-risks" target="_blank" rel="noreferrer noopener">special treasury bond</a> issuance to 3 trillion yuan ($411 billion) in 2025. That&#8217;s up from 1 trillion yuan in 2024, to counter potential U.S. tariffs on Chinese imports.
China plans to boost consumption through subsidy programs for trading in old cars or appliances and upgrading large-scale equipment.
The funds will support investments in railways, airports, electric vehicles, robotics, semiconductors, green energy, and state bank recapitalization.
At last check on Thursday:
<ul>
<li>BABA stock is up 0.32% to $85.</li>
<li>JD is down 0.3%.</li>
<li>BIDU is down 1.21%.</li>
<li>Nio Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) is up 7.57%.</li>
<li>Li Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) is up 3%</li>
<li>XPEV is down 1.39%.</li>
</ul>
Also Read:
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<li><a href="https://www.benzinga.com/24/12/42729529/social-media-stocks-react-as-trump-targets-censorship-and-delays-tiktok-ban" target="_blank" rel="noreferrer noopener">Trump Administration to Challenge Social Media Censorship, Setting Stage for Conflict with EU Regulations</a></li>
</ul>
Image: Shutterstock

Government

Regulations

Media

BABA

BIDU

KWEB

Chinese Stocks Drop As Manufacturing Growth Slows And Geopolitical Tensions Hit

SuperCom Shares Halted On Circuit Breaker To The Downside, Stock Now Down 73.2%.

Meme coin veterans Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) are gaining momentum on Thursday, fueled by Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) surging <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42764832/bitcoin-ethereum-spike-4-on-thursday-morning-xrp-surges-11-to-become-top-3-crypto">above the $96,000 level</a>.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price</td>
<td>24-Hour Performance</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>$0.3362</td>
<td>+5.9%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>$0.0000226</td>
<td>+7.2%</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Crypto trader BitGuru highlighted Shiba Inu's bullish momentum after breaking through resistance at $0.00002238, signaling a clear upward trend. 
He noted that the recent pullback near $0.00002266 appears temporary, as buyers continue to dominate.
The trader forecasts a surge toward $0.00002280 or higher, with the setup aligning for a sustained breakout.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> is building strong bullish momentum after breaking resistance at $0.00002238, signaling a clear upward trend. The pullback near $0.00002266 looks temporary, as buyers maintain control. I&#39;m expecting another surge with the price aiming for $0.00002280 or higher. This setup… <a href="https://t.co/9oJ4YCbkyZ">pic.twitter.com/9oJ4YCbkyZ</a>
&mdash; BitGuru &#x1f536; (@bitgu_ru) <a href="https://twitter.com/bitgu_ru/status/1874811372846080402?ref_src=twsrc%5Etfw">January 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Trader Tardigrade <a href="https://x.com/TATrader_Alan/status/1874726076901101639">highlighted</a> Dogecoin breaking from a descending triangle, which could prompt an explosive surge.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42716074/mark-cuban-criticizes-meme-coins-as-a-hustle-and-money-gamble-like-a-game-of-musical-chairs-with-money">Mark Cuban Criticizes Meme Coins as a &#8216;Hustle&#8217; and Money Gamble: &#8216;Like a Game of Musical Chairs With Money&#8217;</a>
Notable Statistics: According to Shibburn data, Shiba Inu&#8217;s burn rate increased by 105.3%, with a notable transaction burning 1 million coins about 21 hours ago. 
Despite the gains, market dynamics reflect mixed signals. 
IntoTheBlock data shows a decrease of 23.8% in Shiba Inu's large transaction volume. 
Transactions greater than $100,000 are down from 126 to 105 in a single day. 
Around 43% SHIB holders are currently underwater, while 53% are in profit.
Shibariumscan data shows daily transactions increasing from 4.77 million to 4.78 million in a single day.
Coinglass data shows Dogecoin's open interest climbing by 11.3% to $2.2 billion, while derivatives data volume is up 47.2% to $4.4 billion. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42729478/dogecoins-tesla-integration-pepes-monster-gains-shiba-inu-drops-a-zero-the-2024-meme-coin-year-in-review">Dogecoin&#8217;s Tesla Integration, Pepe&#8217;s Monster Gains, Shiba Inu Drops A Zero: The 2024 Meme Coin Year In Review</a></li>
</ul>
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Dogecoin Spikes 6%, Shiba Inu Up 7%: What Is Going On?

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