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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 […]

Big Binance Announcement for Shiba Inu (SHIB) and Dogecoin (DOGE) Traders: Details

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 […]

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 […]

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 […]

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 Metric Explodes by 2,300% as the SHIB Price Rises: Details

TL;DR Shiba Inu experienced a significant increase in transaction volume and price, supported by improvements in its blockchain technology and increased token burns. SHIB’s adoption as a payment method by CoinGate further enhances its utility and exposure in the cryptocurrency market. This SHIB Indicator Took off The second-biggest meme coin in terms of total market […]

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