The total crypto market has turned green today, with BTC trading at a multi-month peak and many larger-cap alts posting impressive gains. However, none is more impressive than the meme coin realm, as the three leaders have skyrocketed by triple digits. CryptoPotato reported yesterday the massive surge registered by the second-largest meme – Shiba Inu. […]
TL;DR Shibarium has processed over 7 million blocks, signaling growth in the Shiba Inu ecosystem. SHIB’s price has risen 14% weekly, supported by reduced supply on exchanges and a sharp increase in token burns. Making the Headlines Again Shiba Inu’s layer-2 blockchain solution – Shibarium – took center stage today (September 25) due to reaching […]
TL;DR Shiba Inu’s spike in large transactions and increase of investors currently in profit suggest the meme coin could be headed for further gains in the near future. On the other hand, slight drop in network growth and a 50% decline in SHIB’s burn rate indicate potential challenges ahead for price momentum. Showing Mixed Signals […]
TL;DR Shiba Inu (SHIB) recently hit a three-week high, with some analysts predicting a potential massive bull run, though highly ambitious price targets seem unlikely. Rising social engagement and positive sentiment on platforms like LunarCrush suggest the meme coin may see further gains in the near future. Is SHIB Ready for New Glory Days? The […]
TL;DR XRP gained 7.5% last week, boosted by Grayscale’s Ripple Trust launch and rumors of a Robinhood re-listing. BTC dropped below $60,000 after briefly surpassing $60,500, affected by negative news in the broader market such as the supposed assassination attempt on Donald Trump. SHIB increased by 2% over the week amid a high level of […]
TL;DR ChatGPT claimed SHIB’s price could rally in Q4, assuming certain factors like increased token burnings are in place. Expected interest rate cuts and reduced exchange selling pressure may also contribute to a potential uptick for the meme coin. SHIB Yet to Unveil Its Potential? The second-largest meme coin in terms of market capitalization witnessed […]
TL;DR The meme coin market saw a strong recovery on September 10, with significant gains from tokens like DOGE, SHIB, POPCAT, and KOIN. Neiro (NEIRO) jumped 450% weekly after being listed on Binance and other leading crypto exchanges. A Green Day at Last The meme coin sector suffered painful losses in the past several days, […]
High centralization can lead to increased influence by a few entities, potentially undermining the decentralized ethos that crypto strives to uphold. However, centralization continues to be a major bone of contention in space. As such, popular project tokens – Polygon (MATIC) and Shiba Inu (SHIB) – have emerged as the leading examples of high concentration […]
TL;DR Kraken added Shiba Inu as collateral for futures trading, enhancing its support for the popular meme coin. Robinhood and Coinbase have also enabled new trading services for SHIB earlier this year. SHIB’s Adoption on the Rise The US-based cryptocurrency exchange Kraken officially listed Shiba Inu (SHIB) on its platform in November 2021. Since then, […]
TL;DR Ripple was fined $125 million for violating certain securities laws, and while the company sees it as a victory, the SEC might appeal. SHIB’s valuation has dropped over 25%, with signs of declining investor interest and reduced whale activity. Despite a 12% price decrease, analysts suggest Bitcoin (BTC) may soon break out and reach […]