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2 Bullish and 2 Bearish Shiba Inu Signals as the SHIB Price Consolidates

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 […]

Top Shiba Inu Recent Price Predictions, How High Can SHIB Go?

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 […]

Ripple’s (XRP) Price Rally, Bitcoin’s Volatility Amid Trump Assassination Attempt, SHIB Price Outlook: Bits Recap Sep 16

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 […]

ChatGPT Speculates if Shiba Inu (SHIB) Can Experience a Bull Run Before the End of 2024

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 […]

Meme Coin Revival as These Cat-Themed Tokens Lead the Rally: Details

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, […]

Centralization Threats Loom as Polygon and Shiba Inu Exhibit High Concentration Among Top Wallets

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 […]

This Popular Crypto Exchange Extends Support for Shiba Inu (SHIB): Details

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, […]

Shiba Inu (SHIB) Price Crashes 7% Daily But There’s More to the Story

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 […]

Key Shiba Inu Metrics Plummet as SHIB Price Heads South: Details

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 […]