SHIB fell by 5% on the weekly chart after bulls failed to control the price. Key Support levels: $0.000014 Key Resistance levels: $0.000018 1. SHIB Remains Bearish Despite a short attempt at breaking the key resistance at $0.000018, SHIB was quick to turn back and resume its downtrend. The current price action is bearish, and if nothing changes, bulls will likely only show up once the price reaches the support at $0.000014. Chart by TradingView2. Sell Volume Dominates Even if...
Read More »Key Shiba Inu Metrics Skyrocket Today: SHIB Price Rally Incoming?
TL;DR Shiba Inu’s price dipped by 3% daily, but the increase of some important indicators part of the ecosystem suggest a potential rally. Some analysts predict a bullish future for the meme coin based on technical indicators like the RSI, while others foresee a bearish outcome. The Indicators’ Explosion The cryptocurrency market plunged substantially in the last 24 hours following the news that the US government moved $2 billion worth of its bitcoin (BTC) holdings to...
Read More »Ripple (XRP) and Shiba Inu (SHIB) are Among the Top 6 Altcoins With Most Holders: Details
TL;DR Litecoin (LTC) leads in non-empty wallets with over 8 million, followed by Dogecoin (DOGE) with 6.69 million. Ripple (XRP) and Shiba Inu (SHIB) holders have also been on the rise, recently reaching all-time high numbers. Here is the Ranking The crypto analytics platform Santiment revealed the six alternative coins that currently have the most holders on their respective networks. Litecoin (LTC) leads the pack with almost 8.10 million non-empty wallets, while Dogecoin...
Read More »Critical Warning by the Shiba Inu (SHIB) Team
Shiba Inu (SHIB) is one of the so-called OG dog-themed meme coins, and it boasts one of the largest online communities amongst all cryptocurrencies in general. While this can be a sign of a thriving ecosystem, it’s also a target for many hackers who are constantly attempting to scam users out of their hard-earned money. That’s why the team behind SHIB often issues critical warnings and urges its community to remain cautious. LUCIE, the marketing lead of the project, recently...
Read More »Which Dog-Themed Meme Coin Will Perform Best in H2, 2024? (ChatGPT Speculates)
TL;DR Dog-themed meme coins, like Dogecoin (DOGE) and Shiba Inu (SHIB), have seen significant growth in 2024, possibly driven by strong communities and market presence. Other notable performers include Floki Inu (FLOKI) and dogwifhat (WIF), which have gained traction due to active communities and major cryptocurrency exchange listings. DOGE or SHIB? Dog-themed meme coins have been a real sensation in the first half of 2024, with many experiencing considerable price increases...
Read More »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 initiative called “Battle of the meme: Doge vs Shiba Inu.” According to the terms, users can join the...
Read More »Top Meme Coins to Put on Your Watch List in H2, 2024
The meme coin sector made great strides in the first half of 2024, with numerous tokens reaching all-time high prices and thus capturing investors’ attention. In the following lines we will outline the top memes that have a chance to continue the impressive performance in the remaining months of 2024. Shiba Inu (SHIB) The second-largest meme coin in terms of total market capitalization experienced a huge bull run in March, recording a triple price digit in a matter of weeks....
Read More »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 the cryptocurrency industry. For instance, the US Securities and Exchange Commission (SEC) finally greenlighted spot Bitcoin...
Read More »Critical Warrning for the Shiba Inu (SHIB) Community
The cryptocurrency industry is a dynamic one with many exciting developments happening daily. However, it’s also oftentimes a target for hackers and wrongdoers who are looking to exploit the inability of novice users to safe keep their crypto. This is especially true for the meme coin sector. That said, Shiba Inu (SHIB) is one of the most popular meme coins and it boasts a huge community. LUCIE, the project’s marketing lead, has just reposted a warning from another member of...
Read More »Important Shiba Inu (SHIB) Metrics Soar as Price Surges 6.5% Daily: Details
The Shiba Inu (SHIB) price has been on a rollercoaster throughout the past few days, mimicking the rest of the cryptocurrency market. In the past day, however, the popular dog-themed meme coin has gained some ground, charting a somewhat notable increase in price and other important indicators. SHIB Price Recovers 6.5% Daily The 7-day chart of SHIB, much like that of many other altcoins, looks like the Mariana Trench. Source: CoinGeckoThe meme coin, following in the footsteps...
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