Some 12,000 new crypto wallets have bought the memecoin Shiba Inu according to research from analytics firm Nansen.
The post 12,000 New Wallets Bought $56 million SHIB for the Past Seven Days – Nansen appeared first on BitPinas.
Some 12,000 new crypto wallets have bought the memecoin Shiba Inu according to research from analytics firm Nansen.
The post 12,000 New Wallets Bought $56 million SHIB for the Past Seven Days – Nansen appeared first on BitPinas.
Shiba Inu, earlier today, witnessed a significant surge as it went up by almost 20%, pushing its spot trading price to $0.000014. Although it was immediately rejected entry to the $0.000015 marker, the asset managed to outperform other cryptocurrencies belonging to the top 10 list in that particular department, including Bitcoin and Ethereum. SHIB tallies 31.7% increase over the last 7 days Shiba Inu was rejected at the crucial $0.000015 marker today A price correction is once again on the horizon for the asset It would appear SHIB continues to benefit from Dogecoin rallies as this latest price pump came on the same day Dogecoin increased by almost 80% before experiencing minor price correction. Shiba Inu’s $1.8 billion trading volume is also impressive, tallying an increase of 167%. This, however, went down a bit as the crypto experienced a slight decline in its spot trading price. At press time, according to latest data from Coingecko, the Dogecoin spin-off meme altcoin is trading at $0.000013. Its 24-hour gains dropped to just 9% but is still up 31.7% over the last seven days. Shiba Inu: Dealing With Selling Pressure A look at SHIB’s chart shows unabated selling pressure will come with the possibility of a movement towards the 0.382 Fibonacci Retracement Level (FBI) at $0.0000128 or the 0.5 FBI at $0.0000122. Related Reading: FLOW Diverted By Bearish Current Amid Relative Inactivity – Here’s Why Source: TradingView This will obliterate any bullish momentum that Shiba Inu gained over the last few days when it breached the $0.000015 marker. The asset’s Relative Strength Index (RSI) ended up being in the overbought zone, indicating the need for the SHIB price to stabilize before a resumption of an upward movement can happen. One crucial thing to look out for during this price dumping phase is the buying pressure which, if sustained, will likely lead the way for a test of the $0.000016 level. Shiba Inu, at least for this day, is on bullish trend and is less likely to experience high volatility. Its price movement might swing between $0.000015 and $0.0000128. Shiba Eternity Still Not Helping SHIB One of the things that developers and the SHIB community are hoping to help the crypto to reach higher levels is the release of the Shiba Eternity Game. It is a free mobile card fighting game that was launched on October 6, 2022, both on Android and IOS platform, and is part of an ecosystem for the asset that is still in development. Unfortunately, even after going online, the game failed to give the altcoin any momentum to break out of its slump. Thankfully, over the last few days, the broader crypto market initiated a bullish run that stopped the bleeding for the virtual coin. Recently, SHIB also indirectly took advantage of the news about Elon Musk’s Twitter take-over as it piggybacked at DOGE’s surge moments after the deal was finalized this week. Related Reading: MATIC Looks To Hit $1 Target After Breaching Major Resistance SHIB total market cap at $6.8 billion on the weekend chart | Featured image from Somag News, Chart: TradingView.com Disclaimer: The analysis represents the author’s personal interpretation and should not be construed as investment advice.
It’s been a green October ending for the entire crypto market, and the meme coin section is no exception. Shiba Inu, the biggest Dogecoin rival, has fluctuated 26% gains after joining the recent market-wide correction. Earlier in the day, the top-20 coin had a 24-hour high of $0.00001488. It even looked like it’ll break through the $0.000015 mark. However, it faced serious rejection and fell back to $0.00001251. With this fall, Shiba Inu has lost 0.52% on the day. Nonetheless, it might enter into November with a solid price range if it finds support. Related Reading: Bitcoin Price Aims For $21,000, Will There Be A Wider Trend Change? However, higher price rejection during the current rebound rally may soon present a reversal opportunity. Shiba Inu Surges Alongside Other Memecoin, Can It Sustain The Growth? Shiba Inu has joined the surge in meme coins with Dogecoin as billionaire Elon Musk completes his Twitter takeover. The cryptocurrency market recovery, marked by rising altcoin demand, has continued alongside a week of gains in U.S. markets. After a week-over-week increase of 48%, the price of Shiba Inu soared to the $0.000015 level. It surpassed the important Exponential Moving Averages(20, 50, and 100). In retrospect, the bullish breakthrough of the consolidation that occurred between $0.0000104 and $0.00000955 was the spark that ignited the rally. The altcoin’s current market price is $0.00001255. This represents a 0.52% decrease intraday and a rejection of $0.000015. Shiba Inu might retest the $0.00001255 0.5 FIB level or the $0.0000128 0.382 Fibonacci retracement level. But selling pressure at the overhead barrier of $0.000015 has to intensify for this to happen. If the purchasing pressure continues throughout the corrective phase, the price of Shiba Inu will break above the overhead barrier. This would create a chance to enter the market and fuel positive sentiment. This means that a daily candle closing over $0.000015 can push prices up to $0.000016. New SHIB Wallets Reaches New Highs as it Gains Weekly High Of 33% In a week when SHIB prices rose 9% and more, 6,000 new cryptocurrency wallets were created. CryptEye reports that the number of holders has hit a new record high. The total is within a few hundred accounts of the 2.22 million mark, thanks to the influx of new investors. In the previous three months, the number of wallets with at least one SHIB transaction has climbed by 150,000. The most notable spike occurred between the middle and end of September. During this time, 87,000 new wallets were opened specifically to hold SHIB. Related Reading: ApeCoin Shows Bullish Bias; This Level Needs To Be Broken For A Rally To $7 Despite a rise in the number of people holding a SHIB, it wasn’t enough to push the token’s price. Even though there are more SHIB holders, this does not mean that there are more quotes. One glaring instance is the massive liquidation of SHIB holdings by major Ethereum holders. A week ago, the top 100 ETH whales controlled more than $120 million in Shiba Inu; now, that number has dropped to around $40 million. Featured image from Pixabay and chart from TradingView.com
SHIB, along with the greater majority of the crypto space, stared at price dips for the last 24 hours with the asset declining by 7.7%. Shiba Inu seen growing five times towards the end of October after Shiba Eternity release SHIB down 8.8% for the past seven days Shiba Inu headed for another bearish momentum The 13th largest cryptocurrency having a total market capitalization of $5.9 billion currently trades at $0.00001019 according to tracking from Coingecko. The dog-themed altcoin akin to Dogecoin has now lost 8.8% of its price for the past seven days and is on a position that is far from what was expected of it after the release of the Shiba Eternity game. Following the development, Shiba Inu was forecasted to have a bullish rally and immediately grow 3x in terms of trading price. Not only that, the asset was also predicted to increase in value as it changes hands five-fold. But the recent decline made some crypto enthusiasts wonder why SHIB price lost its energy after Shiba Eternity games’ release. Related Reading: Quant Price Watch: Crypto Looking At 20% Rally This Week With This Pattern Shiba Eternity – How It Impacts SHIB Price SHIB failed to leverage the release of one of the highly anticipated games in crypto space this year to help it move out of its slump and bearish momentum. But one should take into consideration that “Eternity” is a newly introduced one and might not yet have the ability to command great demand for the SHIB community. It will take some time for it to command significant demand and token burns – two factors that could help Shiba Inu finally have its bullish run. As great as the hype it created was, excitement died down as soon as the game became available. The token’s performance once again put doubt among those that were hopeful for an upward trend. Right now, as the crypto is down once again, SHIB investors should look out for these signs before Shiba Inu’s next big move. SHIB: On Sentiments And Price At the time of writing, data from Santiment reveals the weighted sentiment for SHIB is on the negative territory again, just as its price was back on a decline. The 90-day mean coin age is also experiencing a continuous drop, moving towards the lower part of the four-week range. This movement indicates another bearish run for Dogecoin’s fellow meme crypto. Investors who have bought SHIB within the last three months are selling their holdings, increasing the selling pressure that upended any bullish volume that the asset is banking on. Source: Santiment Additionally, mega accounts that are home to trillions of coins have also been selling and offloading their coins. With this, SHIB investors should expect bullish movement of the crypto asset once the selling pressure drops significantly. Also, they can also wait for the Shiba Eternity game to mature a bit and have the capacity to command large token demand and hope that this will propel SHIB price to new heights once again. Related Reading: Terra Classic Notches 5% Spike In Last 24 Hours – Can LUNC Maintain Positive Momentum? SHIB market cap at $5.7 billion | Featured image from BSC News, Chart: TradingView.com
Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 billion and today, the meme coin economy is 55% lower, down to $14.9 billion on September 23. During the last month, dogecoin lost 12.8% in value, and shiba inu is down 19.4% against the U.S. dollar in 30 days. Dogecoin, Shiba […]
Following three consecutive days of declines, shiba inu rebounded on Saturday, as the meme coin appears to have found a support point. Cosmos was also higher, in what has mostly been a bearish start to the weekend. As of writing, the global crypto market cap is down 1.31%. Shiba Inu (SHIB) Shiba inu (SHIB) was […]
Bitcoin and altcoins sold-off sharply on Aug. 19, leading technical traders to forecast a possible drop to new yearly lows.
Crypto and stock markets corrected as traders grew nervous ahead of August 17’s FOMC minutes, but the real stress point is whether traders will “buy the dip.”
The Shiba Inu breakout appears almost ten days after SHIB’s addition to Binance Card.
The broader crypto market had shown positive progress in price within the last week, including meme coins like Dogecoin and SHIB. However, its performance over the past 24 hours speaks otherwise. The market recorded a 3.30% downward price trend within 24 hours. While several other tokens are displaying negative moves due to the sudden change, SHIB has made a hit with the dip. One of the top Ethereum whales has pitched up to the leading meme tokens, Shiba Inu, to buy the dip. Reports from Whalestats revealed that an ETH Whale address known as BlueWhale0113 purchased over 321 billion of the token in one transaction. The value of the Shiba Inu he brought is about $3.72 million. 🐳 ETH whale “BlueWhale0113” just bought 312,285,225,685 $shib ($3,722,439 USD). Ranked #395 on WhaleStats: https://t.co/98iwkzfSal Transaction: https://t.co/JFEIRwpAGv#SHIB #ShibArmy — WhaleStats (free data on crypto whales) (@WhaleStats) August 9, 2022 Related Reading: CEL Rallies To $2 As Bankruptcy Proceedings Continue, But Rally May Just Be Starting The whale’s wallet currently holds SHIB coins worth up to $2.49 million. This constitutes about 7.45% of their total crypto portfolio. Also, the whale account’s most significant held token is Polygon (MATIC), having approximately 11.49% of the entire wallet holding. Further, in its report, Whalestats noted that the largest of the 500 ETH whales hold Shiba Inu tokens worth over $652 million. Regarding the leading 100 Ethereum Whales, SHIB tokens remain their wallets’ most significant held crypto coins. These SHIB holdings are worth more than $510 million. Trading Volumes Of SHIB And Other Meme Coins Surge Though prices have dropped within the global crypto market, meme tokens’ trading volume is gradually skyrocketing. Coin98Insight indicates that the total value for the 24-hour trading volume for meme tokens is climbing upward. It recorded that the total value has crossed the $1.2 billion level. This signifies a 60% increase in the trading volume within the past 24 hours. At the same time, data for the cumulative market cap for meme tokens indicates a plunge. The tokens drop about 5% of their overall value within 24 hours. The current cumulative market cap for the meme tokens is $16.18 billion. For Dogecoin (DOGE), the 24-hour trading volume as the most significant meme token is not as impressive as SHIB. DOGE recorded about $394 million as its 24-hour trading volume from the cumulative value. However, a report from Coin98Insight showed that Shiba Inu has up to $872 million from the cumulative trading volume. Related Reading: Billionaire Mike Novogratz Says Bitcoin At $30,000 Is Unlikely Metrics show that SHIB recorded an immense hike in its trading volume within the last 24 hours. At the time of writing, SHIB is trading at $0.00001242. This indicates a dip of about 3.12% within the last 24 hours. For Dogecoin, the token is trading at $0.0686 during writing. Dogecoin has plummeted by over 4.30% over the past 24 hours. Featured image from Pexels, chart from TradingView.com
Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba Inu (SHIB) Following on from yesterday’s rally which took prices to […]
What is Shiba Inu and where to buy SHIB Tokens in the Philippines? This article explains more.
The post What is Shiba Inu | Where to Buy SHIB in the Philippines appeared first on BitPinas.
Bitcoin and many altcoins are back at key overhead resistance levels, but will bulls gather enough momentum to produce a sustained breakout?
Robinhood listing brought UNI some of its recent gains but it doesn’t guarantee an extended bull run.
Bitcoin price saw a brief pull-back following July 13’s high inflation print, but the rebound seen in BTC and altcoins suggests that buyers are buying the dip.
Bitcoin and select altcoins are discounted and trading close to critical support levels, but will buyers step in?
Bitcoin and select major altcoins have risen from their recent lows, signaling an increase in volatility in the near term.
SHIB price remains at risk of falling further against DOGE due to weak technicals.
Shiba Inu (SHIB) lead developer Shytoshi Kusama has released a new update for the meme coin community on the plans to launch a stablecoin and reward token.
The post Shiba Inu to launch SHI stablecoin, TREAT reward token in 2022 appeared first on CryptoSlate.
Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment.
Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term.
Traders are taking a hands-off approach to Bitcoin and altcoins until BTC successfully flips the $20,000 level back to support.
Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover.
On Friday, the price of Shiba Inu (SHIB) increased, despite the fact that the rest of the cryptocurrency market is suffering significant losses because of a prolonged unfavorable trend.
Apparently, the dog-themed coin’s price has risen 3.74 perce…
Bitcoin and altcoins gave up the gains of last week’s relief rally and June 29’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows.
Shiba Inu (SHIB) may not have been taken seriously as a crypto asset when it was first introduced, but the meme coin has steadily climbed the cryptocurrency rankings.
The newest signals of relief in the crypto markets following a protracted volatility …
Bitcoin and altcoins are facing profit-booking after the recent relief rally, but charts suggest that a revisit to recent swing lows could be in store.
SHIB was trading by as much as 10% higher on Saturday, as crypto markets were mainly in the green. NEAR was also higher on Saturday, prices having now risen for three consecutive sessions. Overall, crypto markets are up 2.73% as of writing. Shiba Inu (SHIB) SHIB was one of the notable movers in crypto markets […]
The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, the layer two solution will bring transaction fees down considerably and possibly to zero. Shiba […]
A handful of on-chain metrics suggest that Bitcoin could be close to bottoming, and if true, the eventual relief rally could induce sharp gains from altcoins.
BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market.
Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI was trading higher for a fourth […]
Shiba Inu ecosystem is launching multiple products, like ShibaSwap 2.0, SHIB the Metaverse, etc. And SHIBARIUM is the most anticipated one! Read more about it here!
Crypto markets make the most of respite after BTC price action bounces from its lowest since November 2020.
Shiba Inu is currently the second-largest crypto asset held among the top 100 Ethereum whales behind USDC, according to statistics from WhaleStats, although Ethereum (ETH) maintains the top rank.
The most recent data from WhaleStats reveals the investm…
Dog-themed coin Shiba Inu never fails to make noise. With the gripping crypto market crash happening, majority of American investors have hit the panic button and consider selling their digital assets – at which SHIB happens to top the list.
BTC and select altcoins notched small gains after the Federal Reserve rolled out a 75 basis point rate hike, but technical analysis suggests that further downside is the most realistic outcome.
The market crash has been especially brutal for meme coins such as Shiba Inu and Dogecoin. These coins had recorded impressive numbers in the bull runs of 2021 but the real test had come once the market had begun to decline. This meant that most have l…
After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. Despite the drop, dogecoin is still a top ten contender among the largest crypto market valuations […]
BTC and altcoins are on the verge of falling below critical support levels, and June 10’s higher-than-expected CPI report isn’t helping.
Bitcoin and altcoins are losing bullish momentum and persistent selling at overhead resistance suggests that the current consolidation is far from over.
BTC and altcoins flashed green at the weekly open, but overhead resistance levels will continue to pose a challenge in the short-term.
BTC and altcoins met resistance at a key moving average, leading traders to wonder whether the current pullback is a lower support test, or proof that bears are still in control.
“I am just some guy of no consequence tapping at a keyboard and I am replaceable. I am Ryoshi,” the Shiba Inu founder previously stated.
The elusive relief rally that BTC and ETH traders expected has arrived, but will the market sustain enough bullish momentum to catalyze a trend change?
Bitcoin and most major altcoins have not tracked the recovery seen in stocks, a possible indicator that further downside is possible.
Bitcoin and the major altcoins remain stuck in a range as traders search for the next factor that will start a directional move.
The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs.
Bitcoin and the major altcoins have bounced off their immediate support levels, paving the way for a possible relief rally in the short term.
BTC and altcoins produced the occasional relief rally, but technical analysis suggests that the prevailing trend will remain bearish for some time to come.
Finders dot com surveyed 36 fintech experts for its latest Shiba Inu (SHIB) Price Predictions Report and found that 73% of the panelists believe SHIB will have no value by 2030.
The post Report: Finder’s Panel sees the end of Shiba Inu by 2030 appeared first on CryptoSlate.
A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto will eventually fall to zero. In addition, “Our panel is overwhelmingly out on SHIB, with 73% saying that now is the time to sell.” SHIB’s Price Prediction Leading price comparison […]
Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low.
BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip.
Traders are hopeful that Bitcoin can stage a relief rally within the $30,000 to $35,000 range, but selling at resistance could still keep BTC and altcoins in a strong bear trend.
The crypto market has deep-dived to 11% in just 24 hours. It’s been in the hole or behind and most coins (led by LUNA) have been suffering major losses such as Avalanche, ApeCoin, Solana, and Shiba Inu, to name a few.
So, what’s happening here?
The implosion of the Terra ecosystem appears to be manifesting contagion that is negatively impacting Bitcoin and altcoins.
Shiba Inu is proving that despite the previous weeks’ turmoil in the broader crypto market, it can stand its ground and be unfazed by what’s going on. Following a severe selloff in the previous session, major crypto tokens recovered on Wednesday. However, the increases were modest, indicating sluggish market confidence. Dogecoin and Shiba Inu, commonly known as “meme cryptocurrencies,” have seen the most growth in recent years, but they have also suffered significant losses as a result of this meltdown. Except for Terra’s LUNA and the dollar-pegged Tether, other major crypto tokens saw rises. Shiba Inu was up nearly 10%, followed by Avalanche, Solana, which rose 5%. BNB and XRP both climbed by 3%. Suggested Reading | Shiba Inu: Biggest Dollar Holding Among Wealthiest Ethereum Whales The cryptocurrency market showed signs of life on Wednesday, following the previous day’s precipitous drop, during which many of the leading coins lost 10% or more of their value. Shiba Inu is weathering the storm better than its rivals (The Goa Spotlight) Shiba Inu Outperforms Dogecoin Overall, the market is up a couple percentage points today, and when it comes to meme coins and tokens, Shiba Inu is outperforming its main competitor, Dogecoin. Despite a 70% collapse in the first three months of 2022, which left the token severely bruised and likely on the verge of extinction, it managed to crawl back up and remain in survival mode. According to CoinMarketCap data, SHIB is up roughly 5% in the last 24 hours as of this writing, and is currently trading at $0.00001615. Dogecoin (DOGE), on the other hand, is currently trading at $0.109833, up less than 1%. Given the influential people behind Dogecoin, it’s likely that its drop was not as worrisome in comparison to other cryptos on the market. In the wake of the broader crypto market upheaval, Shiba Inu struck a seven-month low yesterday, while Dogecoin is down to its lowest point in more than a year — since April 2021. SHIB total market cap at $8.15 billion on the daily chart | Source: TradingView.com LUNA Being Hammered The destabilization of UST caused panic selling of heavyweights such as BTC and ETH, increasing overall market volatility. The recent UST crisis exposed big weaknesses in the algorithm-backed stablecoin system, which will need to be addressed openly in order to regain investor trust. The value of UST’s counterpart, LUNA, has roughly halved in the last 24 hours. It was recently trading at $32 per share. The recovery of LUNA will be dependent on the remedial actions made by the parent network/Luna Guard Foundation, which has amassed a sizable Bitcoin reserve through a series of large-scale BTC acquisitions. … So Does Bitcoin Meanwhile, over the previous week, Bitcoin’s value has dropped by more than 20%. This affects everyone who has money invested in any sort of cryptocurrency, which is why many people are disposing of their holdings at an alarming rate. The exact day and time of when or if this decrease will come to a stop is unknown. Suggested Reading | Bitcoin Price Crashes Below $30K As Markets Show Signs Of Paranoia
Shiba Inu (SHIB) currently has the largest dollar holding compared to the rest of 100 ETH whales.
In fact, CoinMarketCap has SHIB on their top 20 coins in the market cap category. Although SHIB seems to be gaining traction, this was quite the opposite …
Shiba Inu developer promises a bright future with an upcoming NFT gaming project, but SHIB price continues to fall.
Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021, over the past 12 months, dogecoin lost 82.8% against the USD. DOGE Tapped an All-Time High a Year Ago Today, […]
Memecoin Shiba Inu can officially be used to purchase land in the SHIB Metaverse using the native SHIB token, as the development team continues to provide utility for holders.
While there’s a number of bitcoin whales that often get caught by blockchain parsers and written about in media reports, ethereum whales get a lot less attention. According to statistics in 2022, there are a lot more ethereum whales than holders with large sums of bitcoin. In fact, while the top 100 richest bitcoin addresses […]
22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches. […]
BlueWhale0073, an Ethereum investor, continues to invest in Shiba Inu, purchasing 219 billion meme tokens. The whale also made a purchase of 50 billion SHIB on 20th April. His most recent acquisition of the canine cryptocurrency is almost 5x bigger than the one made last week. WhaleStats has confirmed that an impressive amount of SHIB (219,332,229,787) equivalent to $5,454,792 was sent to the whale’s wallet. He had earlier added 86 billion SHIB worth $2,111,500 to his wallet on April 23. Related Reading | Dogecoin (DOGE) Jumps 30% After Elon Musk Buys Twitter The owner of the “BlueWhale0073” wallet is one of the biggest buyers of SHIB. The whale has bought over 2 trillion Shiba Inu between April 10 and April 23. However, the transaction page shows that the whale has already sold most of his SHIB tokens, leaving him with less than one billion Shiba Inu — 906808367.54 worth $22,010. As per the wallet page, 90% of its inflowing and outgoing cryptocurrency comes from SHIB. BlueWhale0073 is not the only Ethereum whale investing in Shiba Inu; other whales have been buying up the meme coin recently. For example, on April 25th, whale “Bombur” acquired 52 billion SHIB worth $1,178,967. Following Dogecoin, SHIB Also Increased by 10% The Shiba Inu rose 10.09% on Monday following a massive surge in Dogecoin. DOGE had skyrocketed after reports that Twitter had accepted Elon Musk’s bid to buy the social media giant. The news of Elon Musk’s purchase on Twitter saw Dogecoin spike over 13% in minutes. After these pumps, the billionaire had officially confirmed it, prompting money to pour into Dogecoin. The price of Dogecoin has continued to rise in value, with the past 24 hours showing an increase of around 32%. The coin is currently trading at $0.164. Dogecoin maintained most of its gains, but SHIB has already lost a portion of yesterday’s profit. Shiba Inu is currently trading at $0.00002413. Related Reading | TA: Ethereum Reclaims $3K, Can The Bulls Clear This Key Hurdle Shiba Inu Creates New Burn Mechanism To Get Reward The creators of the SHIB coin have released a burning mechanism that allows token holders to burn their tokens while earning passive income. If investors want to burn their SHIB tokens, they can use the Shiba Inu burning portal. This will send their tokens to a burn address, where they will be lost forever. This effectively introduces a way to reduce the total number of tokens in circulation, making them scarcer and more valuable. Featured image from Pixabay and the chart from Tradingview
The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 hours. The entire meme token economy is worth $35.8 billion, up 9.4% today. Meme Token Assets […]
Shiba Inu had picked up momentum just a week back when it soared by 35% following the news of the Robinhood listing. The broader market currently exhibits weakness as Bitcoin continues to struggle beneath the $40,000 mark. Ethereum also was priced at $2900 at press time. The king altcoin was rejected from the $3000 level over the past trading sessions. The meme-coin is consolidating at the moment. SHIB has been sandwiched between $0.00003000 and $0.00002000 respectively. Buying strength subsequently has been adversely affected owing to the consolidation. In the last 24 hours, Shiba Inu lost 3% of its value and over the past week, it depreciated by 7%. The global cryptocurrency market cap was at $1.93 Trillion with a fall of 1.4% in the past 24 hours. Shiba Inu Price Analysis: One-Day Chart Shiba Inu was priced at $0.00002369 at the time of writing. Prices had been moving sideways for a considerable period of time. Buyers have decided to steer clear of the meme-coin as the short-term reading depicts bearishness on the charts. The coin, however, flashes a bullish pattern on the one-day chart. The above chart displayed the “Adam” and “Eve” pattern continuously for the 109th day and it continues to exhibit the same. This technical formation is considered to be bullish. The two distinctive valleys that have formed on the charts are referred to as Adam (Triangle) and Eve (Semi-Circle). At $0.00003289, SHIB is expected to experience a break-out and then aim for $0.00004436 and that would mean a 60% hike from the current price level. If Shiba Inu falls in value further, the nearest support line stands at $0.00002068. Suggested Reading | Metaverse Madness: Watch These 3 Metaverse Coins – The Sandbox (SAND), Shiba Inu (SHIB), Pac-Man Frog (PAC) Technical Analysis: Four Hour Chart Consistent consolidation has left buyers in a dilemma, whether to HODL or not. As seen in the above chart, buying strength has considerably fallen over the past week. Over the next trading sessions, SHIB could breach its present price level and fall to the next price floor. On the Relative Strength Index, SHIB was seen below the 40-mark which would soon touch the oversold territory. Upon touching the oversold mark, SHIB could fall further. Chaikin Money Flow that determines capital outflow, has suggested that inflows were lesser than outflows. SHIB’s prices were settled below the 20-SMA line since the past week and was the same at press time. This determined that sellers had control over the market and they were in charge of the price momentum. The above reading also confirmed the bearishness in the market. Awesome Oscillator suggests the current price momentum of the coin. AO displayed red histograms underneath the half-line and that meant that SHIB was in negative price action. A resurgence of buyers could immediately help SHIB get out of the price consolidation. Suggested Reading | Move Over Bitcoin – Is Shiba Inu The Next Crypto Gold?
Is Bitcoin ready to throw in the towel and allow Shiba Inu to snag its crypto gold status?
But, anything can happen.
If you want a more reliable and stable trade then go for the kings of cryptocurrency, Bitcoin, and Ethereum.
These two lead…
Shiba inu holders can now get rewards for burning their SHIB tokens as the project’s development team officially launched the Shibaswap burn portal. According to the team, SHIB burners generate passive income in the form of RYOSHI rewards by holding on to a new token called “burntSHIB.” SHIB Army Celebrates the Token Burn Rate as […]
Shiba Inu, Dogecoin and SafeMoon are trading far from their all-time highs, but each project is still active, meaning there is still a chance for another memecoin rally.
The symbol was quickly “erased” via a community effort to bid on land around it, altering its shape into a window.
Shiba Inu still remains a whale favorite going by the activities of the top Ethereum whales in recent days. These whales seem to be undeterred by the low prices of the meme coin and rather continue to buy the digital asset in the millions. The latest purchase from an Ethereum whale has the community at the edge of its seat as one whale singlehandedly bought almost $5 million worth of the cryptocurrency, showing that interest in it has far from waned. Ethereum Whale Hoards SHIB A report from WhaleStats showed an enormous Shiba Inu purchase by an Ethereum whale. This whale known as “Bluewhale0073” made the purchase on Monday and has bought 193,098,244 SHIB in the transaction. It came out to a total dollar value of $4,821,938 at the time of this purchase. 🐳 ETH whale “BlueWhale0073” just bought 193,419,098,244 $shib ($4,821,938 USD). Ranked #5 on WhaleStats: https://t.co/RBupemZyZX Transaction: https://t.co/dcjl0mldog#SHIB #ShibArmy — WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 18, 2022 Related Reading | TA: Ethereum Reaches Key Inflection Zone, $3,100 Is The Key This purchase had brought the total amount of SHIB held by the top 1,000 Ethereum whales to $1,602,881,412. This makes it the most widely held token by the top Ethereum whales. Additionally, the Shiba Inu contract had made it onto the list of the top 10 contracts that the whales had interacted with for the past day. The token is now ahead of FTX Token as the highest holding by dollar value. It is also 5th on the top 10 most purchased tokens by the top 1,000 ETH whales in the last 24 hours. On Monday, another Ethereum whale, known as “Bombur” had also purchased 50,520,317,707 SHIB for $1,241,789. This marks an accumulation trend among these top whales when it comes to Shiba Inu. 🐋 ETH whale “Bombur” just bought 50,520,317,707 $shib ($1,241,789 USD). Ranked #20 on WhaleStats: https://t.co/3ADbDHvWPW Transaction: https://t.co/ctZQVa0naq#SHIB #ShibArmy — WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 18, 2022 Shiba Inu On The Charts Despite the reviewed interest in the cryptocurrency, it is not faring as well as expected on the charts. Shiba Inu continues to trend around the $0.00002 level, showing reduced momentum at this point. This has put the digital asset below its 50-day moving average. And for an asset like SHIB which thrives on hype, falling below this point can signal more downtrend to follow. SHIB trending at $0.000025 | Source: SHIBUSD on TradingView.com A flash dip in the early hours of Monday had seen its price dip to $0.000023 but presumably, the activity from the Ethereum whales had helped boost the price back up. Nevertheless, the meme coin continues to trade more than 60% below its previous all-time high. Related Reading | Crypto Market Cap Falls By $80 Billion In A Day As Bitcoin Dumps Below $40K At the time of this writing, SHIB is trending at $0.000025 with a total market cap of $13.7 billion. It is now the 15th largest cryptocurrency by market cap, having fallen behind competitor, Dogecoin. Featured image from Watcher Guru, chart from TradingView.com
Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S. Federal Reserve, […]
AMC Theatre CEO Adam Aron disclosed that the iOS and Android mobile apps accept crypto payments via integration with BitPay, a bitcoin payment service provider.
Tesla and SpaceX CEO Elon Musk has made an unsolicited offer to fully acquire social media giant Twitter for a total cash consideration of $43 billion, according to SEC filings.
The post Elon Musk’s $43B bid on Twitter causes DOGE, SHIB to spike appeared first on CryptoSlate.
The price of the Shiba Inu (SHIB) token went up approximately 20% since the end of last week.
The post Shiba Inu supply shrinking as 2.41 billion SHIB got burned appeared first on CryptoSlate.
Popular brokerage firm Robinhood listed Shiba Inu (SHIB) for its users. After months of rumors about this listing, the platform made it official via its official Twitter handle. Related Reading | Robinhood To Roll Out Crypto Wallets To 1,000 Users In Phase One In addition, the platform announced a $100,000 crypto giveaway to incentive Shiba Inu (SHIB) adoption. Users have a chance at winning a portion of the price by interacting with Robinhood via Twitter. We dropped new crypto 👀 And we’re giving away $100K of it. Quote tweet this tweet with your Robinhood Username (@ included!) to get some 🪙 #RobinhoodCrypto The first 10K quote tweets will receive $10 of SHIB. pic.twitter.com/0jsBKYfJvw — Robinhood (@RobinhoodApp) April 12, 2022 The announcement had a positive impact on the price of SHIB and the prices for Solana (SOL), Polygon (MATIC), and Compound (COMP). Immediately after, the cryptocurrency began an upward trend from its yearly lows. Data from CoinGecko indicates that SHIB rose from $0.00002000 to $0.00002680, at the time of writing. This represents more than a 20% increase in the last 24-hours compared to a 1% profit in the past week. As expected, with the price bump, the cryptocurrency experienced an increase in volatility and its trading volume. This could provide dangerous conditions for market participants. Research firm Santiment records a 30% pump for Shiba Inu (SHIB) making it the best performer of the crypto listed today on Robinhood. Santiment noted: Shiba Inu, Solana, Polygon, and Compound were all listed on #Robinhood today. Notably, $SHIB saw the biggest increase in interest, with a +30% pump. Trading volume is high, and all four of these assets should be expected to have very high volatility. Additional data provided by Material Indicators (MI) records an increase in buying pressure from retail investors (yellow in the chart below) and from investors with bids orders of around $100,000. The latter seems to be exercising great influence over SHIB’s price action. Other investors classes (in green and red) with smaller asks orders have been selling into SHIB’s current rally. In the short term, large investors need to push the price to about $0.000028 to potentially see an extension of the bullish momentum. Shiba Inu (SHIB) To See Launch Of More Use Cases In support of the bulls, the team behind Shiba Inu announced the launch of the first stage of their Metaverse project. This stage has been dubbed Bid Event and will enable LEASH and SHIBOSHI holders to become early investors. In order to participate, users must connect their wallets to the SHIB.io website. In addition, the community will see more use cases for SHIB. Related Reading | Shiba Inu (SHIB) Jumps 50% To ATH Amid Robinhood Rumors As the team behind the project claimed, the token will be used in their native Metaverse platform for users to perform activities, rename land plots, and lease land. These use cases will burn a certain amount of SHIB which could contribute to the bullish momentum.
But SHIB price risks another 50% decline as it continues to fluctuate inside a bearish triangle pattern.
Popular trading platform Robinhood has listed shiba inu (SHIB) as well as three other popular cryptocurrencies. Supporters of the meme crypto have petitioned for months for Robinhood to list SHIB. Robinhood Finally Lists Shiba Inu Crypto Popular trading platform Robinhood announced the listing of four new cryptocurrencies Tuesday. The company wrote: We’re pleased to announce […]
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed. Shiba Inu Burn Rate Increases Significantly On February 22, a SHIB team member named “Archangel” revealed that […]
Shiba Inu, the meme-coin project that mimicked dogecoin, has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices of the plots, which depend on their location, […]
Despite the backlash it receives from cryptocurrency analysts, the Shiba Inu meme coin continues to make a loud noise, and on March 30, it revealed additional details regarding its own metaverse, which will be appropriately named SHIB.
The project curr…
While most digital currencies have seen gains during the last month, the meme token called shiba inu has lost more than 17% during the last 30 days. Despite the fact that shiba inu is down 72% from the crypto asset’s all-time high, shiba inu is still up 37,130% against the U.S. dollar over the last […]
While the number of Shiba Inu (SHIB) coin holders has been steadily increasing over the last three months, the decentralized token just saw a significant loss of over 32,000 holders in a single day.
According to CoinMarketCap data, the number of SHIB h…
A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB). Lawsuit Claims Coinbase Sold 79 Unregistered Crypto Securities to Customers A class-action lawsuit was filed last week against Coinbase Global Inc., Coinbase […]
After a 10,000% profit over the past year, Shiba Inu (SHIB) trends to the downside with the rest of the crypto market. The meme coin had a surge driven by retail investors looking to ride the rally but has been unable to recover after a long period of persistent selling pressure. Related Reading | Can Shiba Inu Break Past The $1 Mark? Here’s How It Can At the time of writing, Shiba Inu (SHIB) trades at $0.000022 with a 6% and 30% loss in 24 hours. However, data provided by several monitors seems to suggest a change of dynamic in SHIB holders. Retail investors and speculators appear to be dumping their tokens, in favor of larger investors. Data from Material Indicators (MI), for lower timeframes, record retail investors have been selling into the recent relief price action. Although it has reverted into further losses, investors with bid orders from around $100 continue to dump their bags. As seen below, these investors have been massively selling funs in lower timeframes while investors with bid orders from around $1,000 to $10,000 buy. Total orders still trend into negative territory, but selling pressure seems to be absorbed by SHIB whales. However, while large investors in the green class, as the chart shows, continue to buy the downtrend, SHIB’s price should find support. Further data provided by MI indicates the cryptocurrency is sitting at support, but with close levels of resistance. This could explain why SHIB seems stuck and could remain in its current rage, at least, in the short term. IntoTheBlock records a surge in trading volume for Shiba Inu (SHIB). The metric accounts for 81% of total on-chain volume, the monitor shows, with transactions greater than $100,000 for a monthly high of $389 million. In other words, SHIB whales have been increasing their activity as the price rose to $0.000034. Shiba Inu (SHIB) Holders On The Rise The average SHIB balance has risen 39% in the last 24-hours, as the price showed potential signs of recovery. The trading volume last saw a similar spike back in October 2021, before an unprecedented SHIB price rally to its current all-time high. Total SHIB holders stand at close to 2 million which could benefit if the price repeats a similar performance. In addition, Whalestats indicates a multi-month surge in activity from unique traders. Related Reading | Shiba Tron, The Shiba Inu And Floki Inu ‘Killer’ That Soared 1,000%, Is A Potential Scam The cryptocurrency could benefit from a new product. Crypto exchange Binance offered a chance to claim a share of $100,000 in SHIB as part of a welcoming offer for news users. The official Twitter handle for Shiba Inu said: Since last year, SHIB has been a star for crypto adoption. Is clear to understand why #BinanceLovesShib and why they have launched a campaign to make getting into Shib even more attractive!
This token, named after the surprising hit of 2021, Shiba Inu, has almost no value. Fortunately, the bogus token was spotted early on, preventing Shiba Tron from duping other users.
Shiba Tron (SHIBT) is a new addition to the growing pack of meme curre…
This past year, Shiba Inu rose by 45,000,000%. As of Wednesday, the focus is more on achieving a huge milestone than on making future percentage increases.
SHIB remains active, with a current price of $0.00002498, a 24-hour low of $0.00002357, and a 24…
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which memecoins can get you the most return on investment in 2022.
Metaverse craze, token burning events, and increasing merchant adoption have made Shiba Inu outperform Dogecoin so far this month.
Skyweaver has been in the making for four years, and finally launched its open beta this week, while the BAYC floor price is dropping fast.
The innovators of the popular meme coin Shiba Inu announced that the protocol will soon offer plots of virtual land in a soon-to-launch metaverse, causing the value of ecosystem tokens such as LEASH and SHIB to surge by nearly 50%.
Metaverses are a bro…
Following a 12% decline yesterday, shiba inu (SHIB) rose by that same percentage today, as bulls once again boarded the rocket ship. This comes as prices of FLOW were also higher during the session. Biggest gainers Price movement in SHIB continues to be volatile, with the meme coin rising by as much as 60% in […]
The SOL, BNB, and LUNA SHIB token addresses quietly disappeared from CoinMarketCap’s page.
Owning real estate in different metaverse worlds is becoming increasingly popular with soaring prices for parcels, plots and other types of land pieces in blockchain metaverse worlds like Decentraland and Sandbox.
The post Shiba Inu introduces real estate in doggy Metaverse appeared first on CryptoSlate.
Shiba inu’s (SHIB) 50% rise on Tuesday, seems to have inspired LEO bulls, who moved to push prices up by 61% in today’s session. The move comes as crypto markets consolidated yesterday’s gains. Biggest gainers Monday’s biggest loser, was Tuesday’s biggest gainer, as UNUS SED LEO was up by as much as 61% as of […]
This year, cryptocurrencies have been on a rollercoaster, with Bitcoin prices trading near $42k after jumping over 40$. The world’s most significant digital token is up 1.5% at present but down 9% overall for 2022 so far – it still needs to…
Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the week. The so-called ‘meme coin’ rally has seen SHIB recapture a $16 billion market capitalization. Biggest gainers On Monday, bitcoin (BTC) and ethereum (ETH) both reached multi-week highs, with DOGE and XRP also trading over […]
Leading altcoins like Shiba Inu saw decent gains as the global crypto market value rose past $1.71 trillion on the strength of Bitcoin’s climb above $42,000. Meme coins, on the other hand, still had the hearts of the crypto audiences, with Shiba …
One analyst suggests shorting the ongoing SHIB price rally brings “excellent opportunities.”
Meme coin Shiba Inu recently announced its move into the metaverse. The ‘Shibverse’ as it’s called will usher the cryptocurrency into a booming space, presumably to provide more utility for the digital asset. This news is no doubt well received by the community as it allows SHIB to participate in what is a booming industry. But how has the price of the digital asset reacted to this so far? Shiba Inu Announces Shibverse Shiba Inu, one of the most popular meme coins, and winners of 2021 has announced that it would be making its debut in the metaverse with the Shivers. It comes as no surprise as the team has been forthcoming about working on more use cases for the cryptocurrency. Previously, the Shiba Inu team had announced that it was launching its own game, where SHIB will serve as the utility token. Related Reading | Ethereum Bullish Signal: Number Of Holders With 1 ETH Touches New ATH The announcement tweet has included a sneak peek of the metaverse, which featured a high-resolution picture of the popular Shiba Inu dog breed standing in the middle of the woods with what looks like a pickaxe in its mouth. As promised, we are so excited to announce our first special surprise for the year #ShibArmy! In 2022, we are reaching new heights and welcoming the #Shiberse 🌎. An immersive experience for our ecosystem and the Metaverse space! We can’t wait to show you more. Woof! 🐶 pic.twitter.com/tCRQ1m1RiT — Shib (@Shibtoken) January 24, 2022 Given the popularity of the metaverse in recent months, it is no surprise to see more established projects entering the space. Social media giant Facebook (now Meta), is one of the most notable entrants, rebranding its name and image to fit into its metaverse mission going forward. The retail chain, Walmart, has also made moves into the metaverse according to a number of patent filings that were made public. How Has SHIB Fared On The Charts Following the announcement of Shibverse, the price of the digital asset had responded positively. One thing to note is that SHIB has been on a downtrend since it hit its all-time high last year and has continued on this path. News like these are expected to help the value of coins like Shiba Inu but the cryptocurrency seemed adamant to continue its journey downwards. SHIB trending at $0.00002 | Source: SHIBUSD on TradingView.com The announcement had triggered a small rally in the price of the altcoin, sending it above the $0.0000225 point. However, this would prove to be only temporary as it continued downward. Related Reading | Ethereum Whales Quietly Filled Up On ETH While Broader Market Panicked Sentiment for the meme coin remains firmly in bearish territory, which does not spell good news for the long-term performance of the digital asset. Additionally, the majority of Shiba Inu holders are now at loss, making it a less than profitable venture for crypto investors. In the last 24 hours, SHIB has continued to trend low hitting a low point of $0.00002. As the new week is ushered in and the market begins to open up, there could be some upside seen in the price of assets, although it is unlikely that it will be significant in any way. Featured image from Thewistle, chart from TradingView.com
Dogecoin and Shiba Inu are the two most famous meme coins and have been battling each other for quite some time. Here’s everything you need to know about it.
The post All You Need to Know About Shiba Inu Taking Over Dogecoin appeared first on WazirX Blog.
As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1% this week. Dogecoin Down 80% Since All-Time […]
The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit spikes over the last week. […]
SHIB’s 30% gain initiates a bullish reversal pattern and rumors of a major exchange listing and other developments have investors playing catch with the canine-themed meme coin.
Shiba Inu first appeared on the scene as a joke-coin in 2020, aimed squarely at the top dog of the time Dogecoin. The meme coins uccessfully marketed its way to the position while avoiding rumors of a fraud and what appears to be a slow but steady star…
Meme tokens are cryptocurrencies with increased popularity within a short period. The remarkable acceptance of this type of cryptocurrency comes from the activities of retail investors or influencers. As a result, the meme cryptocurrencies have experienced tremendous growth throughout 2021. This explains the new market capitalization of the coins, which is more than 43 billion. The meme cryptocurrencies are gaining more adoption in different sectors, of which Dogecoin and Shiba Inu are the top tokens with astronomical increases. In addition, some companies like AMC Theatres, Guaranty Escrow, EasyDNS, and others now accept Dogecoin for payment. Related article | Only In Crypto: A Croissant Breaks Down How GameStop & NFTs Will Boost Ethereum Here are some of the meme tokens you can include in your digital portfolio. Dogecoin (DOGE) Dogecoin has taken the lead is the top and most profitable meme coin for your investment. With the influence of Elon Musk, the CEO of Tesla and SpaceX, Dogecoin, witnessed significant growth in 2021. Furthermore, the billionaire CEO, Musk, announced in December 2021 that Tesla adopted Dogecoin as one of the payment options. Besides Tesla, other companies are interested in this fast-growing dog-themed meme coin. For example, AMC Theatre, one of the prominent theatres with the most significant number of branches, indicated its acceptance of DOGE as a payment method. The move of this number meme token has put its market cap at 22.7 billion while its price at the time of writing is $0.1582 showing a dip of 7% within the last seven days. Dogecoin had its all-time of $0.73 on May 3, 2021. Analysts predict that this meme coin will hit $1 in a few months from its price performance. Shiba Inu (SHIB) Shiba Ina Coin has made a remarkable increase making its way to the top ten cryptocurrencies. SHIB stands as one of the top meme tokens for profitable investment with its price performance. It has competitively raced with Dogecoin to emerge as ‘the most searched cryptocurrency for 2021’. Coinmarketcap gave a record of more than 188 million views for Shiba Inu as the top as Bitcoin follows behind it with about 145 million views. This meme coin has a market cap of over $18.2 billion. Its price at the time of writing is $0.000033, indicating a dip of 2.19% within the last 24 hours. Shiba Inu hit an all-time high of $0.00008 in October 2021. Dogelon Mars (ELON) Dogelon Mars is derived by joining Dogecoin and Tesla’s billionaire CEO, Elon Musk, promoted Dogecoin. As a result, this meme coin has risen to be number 3 meme tokens and stands as an excellent investment means for profit. By following the steps of Dogecoin, Dogelon Mars has become one of the top meme coins that are highly sought for. Some crypto exchanges such as Huobi, Gemini, Crypto.com now support the meme coin on their platforms. The dog-themed coin boasts a market cap of about $869 million. Its price is $0.000001328 showing a drop of 5% within the last 24 hours at the time of writing. Samoyedcoin (SAMO) Samoyedcoin shares some similarities with the Solana Network. However, the meme coin enables high scalability, speedy transactions, and low fees. Furthermore, the meme coin ensures scarcity through its token burns three times from its launch time. The last destruction in November 2021 resulted in the burning of up to 500 million SAMO tokens. This meme coin has a market cap of about $124 million. At the time of writing, SAMO is $0.03174 showing a drop of 3.36% within the last 24 hours. MonaCoin (MONA) Created in December 2013, Monacoin operates as an open-source p2p network. This meme coin was developed in Japan as the first altcoin. It later boomed after being used in an advert for buying land in Nagano. Related article | Why was 2021 an important year for NFT? Monacoin currently has a market cap of about $77 million. Its price at the time of writing is $1.11, with a 1.95% dip within the last 24 hours. The meme coin had its all-time high in 2017 and is considered one of the investment tokens to boost your profit. Featured image from Pexels, Charts from TradingView.com
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says his company is on track to accept meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) in the first quarter of this year. Dogecoin and Shiba Inu Coming to AMC Theatres Soon The CEO of AMC Theatres, Adam Aaron, has provided an update on […]
Twelve-month gains for these altcoins range from 673.8% to 29,513,624%.
During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto protocol have announced the launch of a “Doggy DAO” […]
The Crypto Street Restaurant accepts all crypto assets for food payments at its store, and has nothing but five star reviews so far.
With Dogecoin and Shiba Inu at the center, 2021 observed an incredible memecoin mania.. Both DOGE and SHIB saw rallies that were unprecedented even in the crypto world.
Dogecoin Vs Shiba Inu: The Stage Of The 2021 Memecoin Mania
2021 had some absurd me…
Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon […]
The Canadian platform wants to expose the true identity of Shytoshi Kusama, who volunteers as project lead for the popular Shiba Inu memecoin.
The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion worth of meme crypto-assets represents 2% of the $2.32 trillion crypto economy. Dogecoin and shiba inu alone capture roughly 85.28% of the meme crypto market […]
Trading platform Robinhood is launching a cryptocurrency gifts program, allowing users to gift several cryptocurrencies, including bitcoin, dogecoin, ether, bitcoin cash, and litecoin. As with crypto trading, gifts are commission free and users can gift as little as $1 in cryptocurrency. Robinhood’s Crypto Gifts Program Robinhood announced Thursday the upcoming launch of Robinhood Crypto’s “Cryptocurrency […]
Crypto payment firm Bitpay has added support for the meme cryptocurrency shiba inu. Following Bitpay’s announcement, retail giant Newegg announced that it too has begun accepting SHIB for payments. AMC Theatres is also expected to begin accepting SHIB soon. Meanwhile, a petition for the popular trading platform Robinhood to list shiba inu crypto has garnered […]
Another major cryptocurrency exchange, Bitstamp, has listed shiba inu cryptocurrency. Bitstamp users will be able to trade SHIB against the U.S. dollar and the euro. The announcement came as more trading platforms are listing shiba inu and more stores are accepting the meme crypto for payments. Bitstamp Adds Support for Shiba Inu Crypto Cryptocurrency exchange […]