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Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member

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 […]

Important Shiba Inu (SHIB) Metrics go Down Despite Price Recovery: Details

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 […]

Bitcoin (BTC) Price Slips Below $54K, Triggering Almost $700 Million in Liquidations

TL;DR Bitcoin fell below $55,000, now at $54,200, potentially influenced by several elements. The market crash led to $670 million in liquidations, with the largest liquidated order happening on crypto exchange Binance. The primary cryptocurrency continues its freefall, dipping under the $54,000 mark today (July 5). Currently, it trades at around $54,200 (per CoinGecko’s data), […]

Shiba Inu (SHIB) Nosedives Amid an Overall Meme Coin Bloodbath: Details

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 […]

Important Shiba Inu (SHIB) Metric Skyrockets Amid Market Volatility

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 […]

Crypto Price Analysis May-24: ETH, XRP, ADA, SHIB, and DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum just had one of its best weeks after its price exploded by almost 30%. It came on the news that an ETF approval was imminent, which was confirmed a few days later. Now, the price is consolidating […]