Tag Archives: Shiba Inu (SHIB)

Well-known cryptocurrency market analyst, Michael van de Poppe, anticipated a strong surge in Shiba Inu (SHIB) price, exceeding 44% in the coming weeks. This bullish outlook relies on SHIB holding on to three key support levels long enough to reestablish an upward trajectory. In stark contrast to the current crypto market demeanor, which remains predominantly devoid of action, SHIB, currently ranked 15th by market cap, has been on-and-off with its price action recently. SHIB...

On Wednesday, Shiba Inu (SHIB) developers appeared on stage at the Blockchain Futurist Conference in Toronto to discuss the “End Game” for Shibarium – the meme token’s metaverse and NFT-oriented layer 2 blockchain. The team said that the Shibarium mainnet has gone live, allowing developers to begin building apps on the blockchain. The ecosystem will include “Shibdentities,” a proof of personhood solution that lets users retain control of their data and privacy. Shibdentities...

Shiba Inu has shared yet another announcement with its community. The ecosystem’s marketing strategist took it to Twitter (now known as X) to reveal that the SHIB Doggy DAO has partnered with a leading digital asset advisory and investment firm. Source: XSHIB Doggy DAO Shakes Hands with ATH The new partnership is struck between Alpha Transform Holdings (ATH) and SHIB Doggy DAO. The latter is the decentralized autonomous organization that’s governed by holders of the SHIB...

In an exciting announcement, the Crypto.com exchange has made LEASH (Doge Killer) accessible on their platform, providing users with seamless trading and swapping capabilities with other cryptocurrencies available on the exchange. Source: XThis development has garnered attention and celebration from the official Shiba Inu Twitter account, which shared the news with the SHIBARMY, emphasizing the significance of this listing on Crypto.com as a considerable achievement for the...

Another day – another failure for Bitcoin to break away from its current range around $29,000. The primary cryptocurrency’s volatility has fallen to historic lows and the rest of the market doesn’t seem too exciting either. But there’s one barking exception. Bitcoin Stagnates at $29K They say there’s never a dull moment in crypto, but if you’re mostly following the performance of large-cap coins throughout the past week, you can probably see that this can be a bit of an...

To say that the price action within the cryptocurrency market this week was underwhelming would be the understatement of the year. Most of the top altcoins are charting losses as Bitcoin’s price remains completely flat for the past seven days. In fact, Bitcoin’s volatility has been so insignificant that on a 10-day average, it’s about to become less than that of stocks and even gold. That’s right – the “highly volatile” Bitcoin that’s unpredictable and “risky” has seen less...

Shiba Inu is in a clear uptrend, and momentum still favors bulls. Key Support levels: $0.0000080 Key Resistance levels: $0.0000094   1. Clear Higher Highs The price has been making higher highs since late June, and SHIB has not stopped since. This puts the price in a clear uptrend which could take SHIB to the key resistance at $0.0000094. However, in the process, this meme coin also appears to have formed a bearish wedge which could see the price break under it once the key...

Amidst a lack of bullish cues in the market, SHIB rose by almost 6% over the past day, which pushed its monthly gains to nearly 12%. The meme coin’s surge can be attributed to the Shibarium Beta Bridge, which went live for public testing this week. The move is part of an ambitious roadmap that seeks to transform the Shiba Inu project into a complete ecosystem. The team behind SHIB announced the release of the Shibarium Bridge beta version for public testing, which would allow...

The memecoin resurgence appears to have faded, but that has not stopped the Shiba Inu token (SHIB) from stealing some of the limelight. On July 5th, SHIB was one of the tokens accounting for the highest transaction fees, which was indicative of a surge in activity around it. Recent data suggest that the SHIB network has recorded significant growth. Another underlying trend that supports the bullish narrative is that the asset’s supply on exchanges is hovering close to the...

Dogecoin-killer Shiba Inu spiked on Thursday after one of the ecosystem’s lead developers revealed new functionality that will affect NFTs within the upcoming Shibarium ecosystem. The upgrade will let users link NFTs to real-world assets to provide authentication and proof of ownership for physical items. Shibacals: Proof of Ownership On Shibarium Shibarium is a metaverse and NFT-focused layer 2 blockchain that will operate using the Shiba Inu ecosystem’s three tokens: SHIB,...