TL;DR Kraken added Shiba Inu as collateral for futures trading, enhancing its support for the popular meme coin. Robinhood and Coinbase have also enabled new trading services for SHIB earlier this year. SHIB’s Adoption on the Rise The US-based cryptocurrency exchange Kraken officially listed Shiba Inu (SHIB) on its platform in November 2021. Since then, it has increased its support for the self-proclaimed Dogecoin-killer, enabling various trading services with it. Earlier...
Read More »Bitcoin Exploded to $65K While Solana and Shiba Inu Gained 6% Daily (Weekend Watch)
Bitcoin’s positive price actions on Friday evening continued in the past 12 hours or so and the asset touched $65,000 for the first time since August 3. Several altcoins have produced impressive gains as well within the same timeframe, with SATS surging by 25%, followed by FET (19%), and SUI (15%). BTC on the $65K Road The end of this business week was quite different than the previous one when BTC slumped to $56,000 on Thursday but managed to recover some ground on Friday...
Read More »XRP, SHIB, TRX Price Predictions for This Week
This week, XRP, SHIB, and TRX entered greed territory. TRON took the lead with an impressive 27% price increase. Chart by TradingView1. TRON/USD In a surprising turn, TRX is approaching its all-time high at 18 cents. This is a key target for the current rally, which has made the chart bullish. This latest push comes after a successful breakout above 15 cents, which is now a key support. Chart by TradingViewTron is standing at $0.16 at press time. 2. XRP/USD XRP started the...
Read More »The Most Unexpected Shiba Inu Whale With 55 Billion in SHIB
Blockchain technology is unique! Where else can you track the holdings of big investors in real time, check out their latest moves, portfolio values, and more? We’ve decided to dabble into some of the larger holders of one of the most popular meme coins in the market – Shiba Inu (SHIB) and stumbled upon an interesting finding. Government Holding Shiba Inu (SHIB)? Data from the popular crypto resource firm Arkham reveals that the US Government is one of SHIB’s large holders....
Read More »Very Bad News for Shiba Inu (SHIB)? These 4 Signals Spell Price Troubles
The broader meme coin category has declined throughout the past seven days, charting a drop of almost 8% across all the coins that are tracked (on CoinGecko). And while DOGE and SHIB are not amongst the worst performers, they are still down more than 7% on the weekly. The last 30 days have been quite challenging for SHIB, especially as the meme coin is down almost 22%, and the chart looks worrisome. Source: CoinGeckoAs you can see from the chart, the volume is also dwindling,...
Read More »Important Shiba Inu (SHIB) Announcement
The Shiba Inu team has come up with an important announcement that’s integral to the ongoing and long-term development of the project. In a tweet from August 16th, the team said that the long-awaited community Burn Portal is now live. Introducing Shib Torch! The long-awaited community Burn Portal is now live. Every Shibarium L2 transaction now helps burn SHIB, reducing the total supply. Introducing #ShibTorch! The long awaited community Burn Portal is now live. Every...
Read More »Shiba Inu (SHIB) Team Issues a Critical Warning: Details
TL;DR Shiba Inu investors are being targeted by scammers on Telegram offering fake airdrops and impersonating legitimate entities. Community members are cautioned to avoid scams related to the TREAT token, as it hasn’t seen the light of day yet. Scam Alert Shiba Inu is among the most popular meme coins, boasting one of the biggest communities across all cryptocurrencies. As such, it is no wonder that SHIB investors often become targets of hackers who attempt to con them...
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 »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...
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