Browsing: Shiba

As this article is written, the value of the dog-themed coin Shiba Inu is being traded at $0.000009833. That is a rise of 5.765 over the last seven days and 0.80% over the previous 24 hours. The 24-hour volume is still 7.29% lower. For a number of reasons, Shiba Inu remains a top investment for newcomers. Token burning, an upbeat on-chain signal, and a collaboration with K9 Finance are required for this. The popularity of SHIB among new investors can be explained by on-chain indicators. One well-known network in the cryptocurrency space is Shiba Inu. That doesn’t change the fact…

Read More

Two stories in the ever-shifting world of cryptocurrencies attract investors from all over the world. Holders of Shiba Inu (SHIB), despite the wild ride that is the market, cling to optimism. Their hopefulness is a monument to the resilient nature of cryptocurrency aficionados who persevere through the rough waters of investing in digital currencies. On the other hand, Scorpion Casino’s $SCORP token is starting to make a name for itself in the cryptocurrency presale market. This piece explores the fortitude of SHIB investors in the face of market turbulence and looks at how the $SCORP token is leading the way…

Read More

The Shib team has revealed its upcoming launch of Shibdentity, marking a significant step in the future of digital identity within the Web3 realm. This announcement sparks anticipation that 2024 may be dedicated to Shiba Inu. The introduction of Shibdentity developed in collaboration with D3inc, goes beyond being a mere feature; it aims to redefine users’ digital identities in the Web3 landscape. Shibdentity is positioned as a transformative tool enabling seamless token transactions, offering users a secure and unified means of maintaining their digital presence. Crafted to bring users closer to an interconnected world, Shibdentity, akin to Shib Name, allows…

Read More
1

Shiba Inu (SHIB) has faced a recent dip, currently trading at $0.000008621 with a 6.65% decrease in the last 24 hours. Despite its impressive 10,000,000% gain since 2020, the token has experienced an 89% loss from its all-time high. Some members of the Shiba Inu community express over-optimism, anticipating a potential milestone of $0.01 by the end of 2024, translating to a $5.9 trillion market cap. While optimistic, experts deem this valuation unrealistic, highlighting SHIB’s lack of utility compared to major players like Solana, Ethereum, and Cardano. The focus on Shibarium, a layer-2 scaling solution, introduces concentrated risks rather than…

Read More

Shiba Inu (SHIB) leader Kusama has set its eyes on revolutionizing digital identity in the existing DeFi sector. Pullix (PLX) simultaneously hits Stage 6 of its presale and experiences an incredible 100% rise. According to certain researchers, this altcoin might even increase 100 times by 2024. But why? Let us examine this more closely to learn more. News on Shiba Inus Recently, Shytoshi Kusama, the principal developer of Shiba Inu (SHIB), presented a proposal focused on redefining digital identity. “.shib” top-level domains (TLDs) will be introduced by the proposal. Consequently, it will introduce a unified internet identity layer into the…

Read More

This week, Shiba Inu (SHIB) has seen an amazing comeback, with the price rising and swiftly reaching the crucial resistance level at $0.000010. The support level is at $0.0000095 right now. Following a challenging beginning in 2024, SHIB has at last resumed an upward trajectory, with buyers eager to get visibility. The daily timeframe’s Relative Strength Index (RSI) has crossed over 50 points, ending the downward trend. An rise in the buy volume is another factor supporting this shift in the price action. The daily Moving Average Convergence Divergence (MACD) histogram has made higher lows due to this week’s price…

Read More

Shiba Inu is headed towards drawing the possible parabolic design. The current market fall has caused the token to decline, but whale activity suggests that an upward trajectory may be on the horizon in the next few days. The fact that the whales, or big investors, began buying tokens when their value was still relatively low, is proof of this. The group of investors holding 0.1% of the total supply are represented as whales. Both the buildup and the activity have increased. Within the previous 30 days, this has increased by 1,200%. SHIB’s decline was caused by a report that…

Read More

A horde of cryptocurrency enthusiasts and investors have recently become enthralled by Shiba Inu, a well-known and rapidly growing token inspired by memes in the industry. The majority of these people have continued to invest in Shiba Inus after making large earnings from doing so. This is mostly due to its price fluctuations that are telling and its community-driven character. But Shiba Inu has made a revolutionary revelation about a price increase in the future. The Shiba-Inu community is now unsure of how likely it is that this will occur. For this reason, supporters and investors of this meme-inspired coin…

Read More
2

One of the most well-known tokens in the cryptocurrency market is Shiba Inu. Reputably one of the most speculative cryptocurrencies is the meme token. Notwithstanding the views of cryptocurrency investors, SHIB offers a large business opportunity. As of the time of writing, SHIB is valued at $0.000009569, which represents a 15.66% growth from the previous week. The value of the coin has increased gradually since Shibarium, its L2 Blockchain network, was introduced. Shibarium is the reason Shiba Inu can now render use cases from real life. If analysts are to be believed, Shibarium will once again be beneficial to cryptocurrency.…

Read More

Shiba Inu, the well-known memecoin initiative that created SHIB, has joined up with RSTLSS, a platform for UGC creators. Through the partnership, Web3 and the gaming sector will advance and RSTLSS’s operations will use the Shibarium layer-2 blockchain. RSTLSS had previously collaborated with 11:11 Media, Paris Hilton’s entertainment company. Lead developer for Shiba Inus, Shytoshi Kusama, expressed enthusiasm for the collaboration, saying that RSTLSS’s UGC technology makes it simple for creators to establish a brand and sell their digital goods. In her remarks regarding the partnership, RSTLSS founder Charli Cohen emphasised the value of working across organisational boundaries and the…

Read More

Earlier, Shytoshi Kusama had noted that the price of SHIB had barely changed over the previous few days. They continued by saying that genuine effort is required to raise prices. This is perhaps a reference to providing concrete outcomes rather than depending too heavily on the popularity that has grown around the idea of meme tokens. The principal developer has now publicly stated that the price may increase. This declaration was made at the same time when Shytoshi Kusama was allegedly connected to the Bad Idea AI group. The joint venture aims to launch Shiba Inu’s AI ideas. The project…

Read More
1

On September 29, Ripple, the firm that created the XRP token, will throw a sizable celebration in New York City to commemorate its partial victory over the US SEC. Some Twitter users have suggested that the occasion would be used to disclose a deal with the US securities regulator or unveil Ripple’s intention to file for an IPO. More than 40% of the 3,600 respondents in a Twitter user’s survey who conducted it think an IPO is imminent. XRP’s price may grow as a result of an IPO, according to analysts, with some projecting a rise above $10. Other analysts,…

Read More
3

With the value reaching $0.000007195 on September 21, 2023, Shiba Inu was close to reaching its lowest point during this time. With a high of $0.00000757, the token seems to be back on track after buying activity generated $123,205,529, an increase of 80% over the previous 24 hours. The indicated token value is greater than 3.6%. At the time this piece was being written, it had fallen once more to $0.000007282, a loss of roughly 0.78% over the previous 24 hours. Nevertheless, it is an improvement, and in the future, we can only expect the value to increase. Considering that…

Read More

Investors in Shiba Inu have reportedly been warned by CryptoPotato to be wary of frauds employing dubious non-fungible tokens (NFTs) that promise SHIB rewards. Such offers are blatant scams, according to a Twitter user using by the handle “Shib Informer,” who also warned that running the malware and following the bad actors’ instructions will deplete wallets. The ‘Shib Informer’ also said that some con artists pose as well-known figures, like Elon Musk, to be associated with these enigmatic propositions. Before beginning such undertakings, they recommended individuals to pay attention to the “small details” and always “check twice.” Shiba Inu developer…

Read More
1

Despite efforts to broaden its ecosystem, Coincu predicts that Shiba Inu (SHIB) would continue on its downward track through September 2023. A bearish trend is evident given the token’s price decline to $0.000007, which is backed by both weekly and daily indicators. SHIB is currently trading at $0.0000072, and no notable resistance levels are in view. Even after Shibarium’s debut earlier this year, the future of the Shiba Inu is still up in the air. The SHIB community has been attempting to diversify its token offerings in recent months in an effort to move beyond its memecoin roots and diversify…

Read More
3

Shiba Inu enthusiasts continue setting hundreds of thousands of SHIB on fire by moving them to addresses from where these tokens can never be recovered as Shibarium keeps growing and gaining new data. This time, in addition to more than 100 million SHIB being burned, SHIB developer Kaal Dhairya shared specifics on the group’s intentions to terminate the BONE contract, which is terrific news for the SHIB military. The SHIB burns tens of thousands of times. Shibburn Explorer, which provides information on hourly SHIB burns, recently reported that a sizeable sum of SHIB had been transferred to blockchain wallets that…

Read More

The Shiba Inu (SHIB) meme coin has had a number of stunning advancement milestones, but three stand out in particular. One of these indicators, according to information from CoinMarketCap, is the meme coin’s overall rate of growth from its lowest value level, which is currently estimated to be 9,057,916.38%. Despite numerous price swings and crypto winters, some of the protocol’s early backers are still holding onto their investments and are currently in a better position than even the best high-performance digital currencies available in Web3.0, a statistic that seems too good to be true. The second most well-known meme coin,…

Read More

Although Shiba Inu’s value hasn’t been performing particularly well on the market, the sudden increase in whale trades is obviously noteworthy. According to information from IntoTheBlock, the number of large transactions, often known as “whale” transactions, in the Shiba Inu community has increased dramatically from 13 to an incredible 74. That might be a startling 500% improvement. What is being prepared in the Shiba Inu kitchen, then? Shiba Inus are now being bought and sold for around $0.00000762. Although the value appears to be in a low-volatility area, the increase in whale activity may be a sign of something significant.…

Read More
1

The native token SHIB of the Shiba Inu ecosystem is showing signs of bullish momentum. According to data from the leading cryptocurrency portfolio manager, CoinStats.app, the meme coin has made consecutive higher lows in its daily chart for the past 72 hours. The majority of SHIB pocket holders’ alignment with the value, however, is acting as opposition to the tried SHIB rising. Technically speaking, everything looks good for SHIB, but the current marketing pressure seems to be impeding its upward movement. Nearly 94% of SHIB investors, according to data from the cryptocurrency market intelligence platform IntoTheBlock, are operating at a…

Read More

The meme coin Shiba Inu, which has been making waves, is once again agitating the cryptocurrency market. This time, it’s not just idle talk; the numbers speak for themselves. Shiba Inu is probably preparing for a pattern reversal given the recent increase in volatility. That is not all, though. The value of the coin may also be showing signs of life, adding a touch of hope to the combination. The DeFi platform known as ShibaSwap, where SHIB, LEASH, and BONE intersect, now has a total value locked (TVL) of about $23.4 million. While the platform has had a ten.95% decline…

Read More