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...
Read More »We Asked ChatGPT Which Meme Coin Will Perform the Best if Bitcoin (BTC) Hits $100,000
TL;DR ChatGPT highlighted two cryptocurrencies as top meme coins that could perform well if Bitcoin reaches $100K, due to their strong community support and historical performance. Lesser-known memes like MAGA (TRUMP), Jeo Boden (BODEN), and Kamala Horris (KAMA) could also see gains, additionally influenced by the upcoming US Presidential elections. ChatGPT Picks These Memes Meme coins have been crypto’s rock stars during the latest bull cycle, with Shiba Inu (SHIB),...
Read More »Why is the Shiba Inu (SHIB) Price Down Today?
This meme coin continues to suffer with no relief from buyers so far. Key Support levels: $0.000014 Key Resistance levels: $0.000018 1. SHIB Remains Bearish The price fell by almost 6% in the past week, and this correction shows no signs of ending. The current support is found at $0.000014, which could be the place where buyers become interested again. Until then, the bias remains bearish on this price action. Chart by TradingView2. Sellers Dominate Back in March, SHIB...
Read More »Top Meme Coins to Watch in July
The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones and evaluate their chances for further progress throughout the ongoing month. Shiba Inu (SHIB) The second-biggest meme coin by market capitalization is quite...
Read More »The Potential Shiba Inu (SHIB) Price if Bitcoin Reaches $1 Million: ChatGPT Speculates
Artificial Intelligence has entered the scene with a bang, and that’s particularly true for OpenAI’s ChatGPT. Although not accurate on multiple occasions, it’s always good fun to poke its AI-powered brains on different hypothetical scenarios. That’s what we’ve decided to do – combining existing predictions and potential developments. Can Bitcoin Reach $1 Million? As CryptoPotato reported earlier, analysts from the well-known firm Bernstein Research gave multiple particularly...
Read More »Why is the Shiba Inu (SHIB) Price Down Today?
Despite an attempt at making higher highs in early June, momentum has shifted in favour of sellers. Key Support levels: $0.000018 Key Resistance levels: $0.000025 1. SHIB Loses Key Level Market participants were hoping SHIB can hold the $0.000025 level as a key support that can send the price to new highs. Unfortunately, this was short-lived. Sellers took back control of the price action and turned this level into a key resistance. Chart by TradingView2. Bulls on the...
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 »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 »Crypto Price Analysis Apr-04: ETH, XRP, ADA, SHIB, and DOGE
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin. Ethereum (ETH) Ethereum is found in a difficult position. The price fell by 7% this week, and now all the pressure is on the key support at $3,350. If this level fails, then the price might retreat below $3,000. The rally that started in October 2023 has finally found a local top at $4,000, which is a key resistance. For this reason, this correction is significant and may last for quite a...
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