TL;DR Shiba Inu saw a 450% increase in its burn rate and a significant rise in whale activity with daily transaction volumes nearing $900 million. Despite the recent correction, SHIB’s price is up 125% over the past year, with 52% of holders in profit. The Indicators’ Resurgence Despite experiencing a daily price correction of around […]
TL;DR Binance introduced a special initiative, where eligible meme coin traders join teams to complete missions and accumulate points for rewards. The company has supported numerous meme coins in the past several months, adding certain trading pairs to its platform. ‘Battle of the Meme’ The world’s largest cryptocurrency exchange – Binance – introduced an interesting […]
The popular meme coin – Shiba Inu (SHIB) – has been one of the best-performing top 20 cryptocurrencies in the past seven days, with its price jumping by over 17% (per CoinGecko’s data). It witnessed a 7% increase in 24 hours, and in the following lines, we will outline the possible reasons behind the impressive […]
TL;DR Shiba Inu (SHIB) saw a 2% price drop on July 12, along with declines in key metrics on the Shibarium network. Despite the downturn, technical analysis tools suggest a potential near-term price rebound. Indicators on a Downfall The second-largest meme coin in terms of market capitalization—Shiba Inu—managed to recover some of the losses incurred […]
TL;DR The SEC approved spot Bitcoin and Ethereum ETFs in 2024, generating excitement for future crypto ETFs, including Shiba Inu (SHIB). A SHIB ETF could make investing easier and increase demand, but it is also focused on centralized control and additional fees. The Pluses 2024 has been quite fruitful in terms of groundbreaking events surrounding […]
TL;DR Shiba Inu (SHIB) price is up 2%, but some key metrics have dropped. SHIB’s burn rate is among the few rising, surging by 350% and destroying nearly 28 million tokens. SHIB Price Flashes Green The cryptocurrency sector continues to rebound from the crash witnessed a few days ago. Its global market capitalization currently stands […]
TL;DR The cryptocurrency sector saw a significant correction, with meme coin market capitalization dropping 10% to $46.4 billion; Shiba Inu (SHIB) fell by 6% daily and 8% weekly. On the other hand, some tokens linked to political figures, like Kamala Horris (KAMA), saw gains. Meme Coins in Red Territory The cryptocurrency market experienced another significant […]
The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones […]
The past couple of days were action-packed, with the cryptocurrency market experiencing considerable volatility. Fortunately, this time, it was leaning toward the upside as most of the coins attempted to recover from the declines suffered at the beginning of the week. In this recap, we will examine what happened with Ripple, Shiba Inu, and more. […]
Shiba Inu (SHIB) was also affected by the volatility in the crypto markets during the past 24 hours. As CryptoPotato reported, at one point, the popular meme coin was down by about 6.4% yesterday. Like most other altcoins, SHIB is currently recovering, trading at a 3% gain compared to yesterday’s price. Source: TradingView Data from CoinMarketCap reveals […]