TL;DR PEPE hit a new all-time high on May 15 with a market cap nearing $5 billion, making it the third-largest meme coin. It could become the leading asset in its realm if it maintains its price momentum, gains community support, and receives influential endorsements (according to ChatGPT). What Are PEPE’s Chances? The frog-themed meme coin – Pepe (PEPE) – has gained even more popularity in the past few days thanks to its rapid price increase. As CryptoPotato reported, it...
Read More »Crypto Price Analysis May-18: ETH, XRP, ADA, SHIB, and DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum finally woke up this week after testing the support at $2,800 and closed with a 7% price increase. Nevertheless, ETH made a new yearly low against Bitcoin. The resistance is at $3,350 and if this momentum continues, it could be tested by the bulls in the coming days. Ideally, Ethereum will break higher soon and return on an uptrend. Looking ahead, ETH could be...
Read More »Important Shibarium Indicator Jumps by 200% Amid Shiba Inu (SHIB) Price Revival: Details
TL;DR Shiba Inu’s layer-2 blockchain solution, Shibarium, saw daily transactions surge by 193%, although still below its peak activity from mid-April. A 4,000% increase in SHIB’s burn rate and positive analyst predictions hint at the potential for further price gains of 20-50%. The Latest Spike Shiba Inu’s layer-2 scaling solution – Shibarium – continues to make great strides, witnessing a substantial increase in transaction activity. Data shows that daily transactions on...
Read More »Shiba Inu (SHIB) Price Prediction: 50% Surge Incoming But There’s a Catch (Analyst)
TL;DR Shiba Inu (SHIB) has recently risen by 6%, with predictions of further significant increases if it breaks key resistance levels. Analysts are optimistic, with forecasts ranging from moderate gains to potential surges as high as 350% in the near future. SHIB’s Next Possible Move The price of the popular meme coin – Shiba Inu (SHIB) – has recently flashed green, rising by 6% over the past week. The sudden move to the north did not come as a surprise to some analysts who...
Read More »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 capitalization – Shiba Inu – made the headlines today (May 14) thanks to the rise of one major metric related...
Read More »Shiba Inu Adoption: People Can Now Book Airbnb or Buy Nike Clothes via SHIB
TL;DR CoinGate, a blockchain payment processor, has added Shiba Inu as a payment method, integrating it with Polygon and Binance Smart Chain. SHIB’s price experienced an uptick lately, while its market capitalization neared $14 billion. Enabling SHIB Payments CoinGate – a blockchain payment processor headquartered in Lithuania – became the latest entity to embrace the popular meme coin – Shiba Inu – as a payment method. To do so, it integrated SHIB with Polygon and Binance...
Read More »Is it Time to Start Buying SHIB? This Analyst Gives His Thoughts
TL;DR Influential social media users and traders are accumulating Shiba Inu, citing strong market potential and technical patterns that predict significant price increases. Key factors that could trigger a SHIB price rally include an increased token burn rate, advancements in its Shibarium layer-2 solution, and a decrease in token supply on exchanges. ‘I Know the Future’ Despite its rapid price increase on a yearly scale, some analysts believe Shiba Inu (SHIB) still...
Read More »Crypto Price Analysis May-03: ETH, XRP, ADA, SHIB, and DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum broke under $3,000 and closes this week with a 5% loss. This latest crash in the price made a lower low which shows bears are still in control of the price action. The current support is at $2,900 and buyers have to protect this level at all costs. If they fail, then the next major support will be found at $2,500. Looking ahead, ETH was quickly rejected at the...
Read More »Time to Buy SHIB? Popular Analyst Bets on a 300% Shiba Inu Price Rally
TL;DR Shiba Inu experienced a 5% price increase daily, with optimistic forecasts from analysts like Ali Martinez, who predicts a significant upcoming rally due to positive chart patterns. The potential for an uptick is supported by a significant resurgence in SHIB’s burning program and ongoing enhancements to Shibarium. Betting on a SHIB Bull Run The cryptocurrency market flashed green today (May 2) after suffering substantial losses the previous day. Shiba Inu (SHIB) is...
Read More »Shiba Inu Burn Rate Soars 90% Daily: SHIB Price Rally Incoming?
TL;DR Shiba Inu’s burn rate soared significantly today, with over two million tokens removed from circulation. However, SHIB’s price remains deep in the red, coinciding with an overall crypto market correction. The Latest Spike Shiba Inu’s burn rate increased substantially today (May 1), jumping 90% compared to the previous day. This resulted in over two million assets being removed from circulation. According to Shibburn, almost 1.7 billion SHIB tokens were burned last...
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