Tag Archives: Crypto Bits

TL;DR Shiba Inu’s layer-2 blockchain solution, Shibarium, achieves a significant milestone in terms of transaction volume. Despite this significant achievement, SHIB’s price has remained stable without major changes in the last 24 hours. SHIB has the potential to surge in the near future considering the execution of its burning program and other developments. Shibarium’s Latest Achievement The popular memecoin – Shiba Inu (SHIB) – keeps dragging attention toward itself. The...

Shiba Inu is soaring up the 7-day, 14-day, and 30-day charts. Here are three signs that the SHIB price rally for the popular Ethereum ERC-20 meme coin continues. But real quick first, here is the most recent update on SHIB price: Shiba Inu Support Building аt $0.00001075 The Shiba Inu token has bounced along a sideways channel with support at the $0.00001075 level since Friday, Dec. 22. During that time, SHIB charted highs with resistance around the $0.00001100 level....

TL;DR SHIB’s Recent Performance: Shiba Inu (SHIB) has seen a gradual increase in its price over the past two months, with some analysts predicting a potential rally for the memecoin in the future. Influence of a Bitcoin ETF on SHIB: There is speculation that the launch of a spot Bitcoin ETF in the USA could positively impact SHIB and other cryptocurrencies, as it might attract significant investment into the market. Other Factors Affecting SHIB’s Value: The article also...

TL;DR Bitcoin’s Recent Surge: Bitcoin’s value increased from around $16,500 to nearly $44,000 this year, with predictions of a strong year-end based on historical Q4 performances. SEC’s Pending Decision: The US SEC’s decision on spot Bitcoin ETF applications, expected in Q1 next year, could significantly impact Bitcoin’s price. Key On-Chain Metrics: Increased BTC open interest suggests potential volatility, while positive exchange netflow indicates a possible rise in selling...

TL;DR Bonk Inu’s (BONK) Current Status: Bonk Inu, a memecoin on Solana, has seen a 300% price increase recently, with its future performance dependent on market trends, community strength, and regulatory changes. Community and Technological Influence: BONK’s success could be influenced by its community support, social media trends, and technological advancements. Competition from Dogwifhat (WIF): The new Solana memecoin dogwifhat (WIF) has seen a 450% price increase, posing a...

Memecoins are a part of the cryptocurrency industry to be reckoned with, given the emergence of countless such assets and the impressive performance of a few. Just for reference, there are two such tokens within the top 20 largest cryptocurrencies by market cap. Although both are dog-based and the OG one has a decade-long history in the crypto market, while the other began as a spin-off, the current cycle has seen the launch of a new breed, including the likes of PEPE, WIF,...

TL;DR Delisting on Binance: Binance, a leading cryptocurrency exchange, has planned to remove a certain number of spot trading pairs involving a specific fiat currency. Variable Price Impact: The delisting of trading pairs from major exchanges can have varied effects on the prices of the involved cryptocurrencies. Listings vs. Delistings: Listings can significantly enhance a cryptocurrency’s visibility and demand, while delistings might negatively affect its market...

TL;DR Arthur Hayes’ Highlight on BONK: BitMEX co-founder Arthur Hayes praised Bonk Inu (BONK) on Twitter, suggesting it could surpass Shiba Inu. BONK’s market cap stands at about $1.2 billion, compared to SHIB’s nearly $6 billion. BONK’s Growth Factors: ChatGPT indicates BONK could potentially overtake SHIB by building a strong community and maintaining hype. Its market cap recently reached over $2 billion. Key Drivers of BONK’s Surge: BONK’s 600% price increase in 30 days...

TL;DR SHIB to Spike Over 40%? Despite the ongoing market correction, the second-largest memecoin by market capitalization – Shiba Inu (SHIB) – is still approximately 15% up on a monthly basis (per CoinGecko’s data). Some analysts, including the one using the X (Twitter) handle Ali, believe a fresh rally in the near future might be in the cards. The analyst presented a chart of the social media platform, estimating that SHIB has a chance of a 45% price increase should it...

Ripple dominance, the measure of XRP’s market share by market capitalization in the competitive cryptocurrency segment, is flashing a warning signal this year. XRP Dominance Trends Lower XRP dominance is down 3.63% for the week, 18.83% over the past month, and 10.63% over the past six months. On the one-year window, Ripple’s percentage market share of all cryptocurrencies is down 11%. On the five-year window, it’s down 82%. Its peers on the market cap chart are faring...