|All Time High:|
|Market Cap: |
|The price of #SHIB today is $0.00000887 USD.|
The lowest SHIB price for this period was $0, the highest was $0.00000887, and the exact current price of one SHIB crypto coin is $0.00000886906.
The all-time high SHIB coin price was $0.0000888.
Use our custom price calculator to see the hypothetical price of SHIB with market cap of BTC and how the supply of SHIB affects the price at different market capitalizations.
|The code for Shiba Inu is #SHIB. |
Shiba Inu is 2.3 years old.
|The current market capitalization for Shiba Inu is $5,226,491,090.|
Shiba Inu is ranked #18, by market cap (and other factors).
|There is a large daily trading volume on #SHIB.|
Today's 24-hour trading volume across all exchanges for Shiba Inu is $88,548,564.
|The circulating supply of SHIB is 589,294,625,485,986 coins, which is 100% of the total coin supply.|
Relatively, Shiba Inu has a large supply of coins, 26,786,119 times larger than Bitcoin's supply, for example.
|SHIB is well integrated with many pairings with other cryptocurrencies and is listed on at least 83 crypto exchanges.|
View #SHIB trading pairs and crypto exchanges that currently support #SHIB purchase.
|Note that there are multiple coins that share the code #SHIB, and you can view them on our SHIB disambiguation page.|
APECHAIN Mainnet Info
Mainnet Info Network Name: ApesChain New RPC URL: mainnet-node.apeschain.org Chain ID: 13867 Currency Symbol: APES Block Explorer URL(Optional): explorer.apeschain.org
APES Mainnet Launched
Mainnet Info Network Name: ApesChain New RPC URL: Chain ID: Currency Symbol: APES Block Explorer URL(Optional): Content to be added.
Bnan Pool Allocation
BNAN total supply: 250,000,000 50,000,000 — Holder 50,000,000 — BNAN Pool Staking 150,000,000 — LP Staking Pool BNAN Pool Staking: 1,000 BNAN +10 apes 50% 100 BOND +10 apes 20% 100 SIYC +10 apes 10% 100 BAC +10 apes 10% 100 GKEY+ 10 apes 10% The BNAN pool staking generates 50,000 BNAN every day, and all BNAN releases are completed in 1,000 days. LP Staking Pool: apes/usdt 50% apes/BNAN 20% apes/ABC 5% apes/BOND 5% apes/SIYC 5% apes/BAC 5% apes/GKEY 5% apes/apesking 5% The LP Staking Pool generates 50,000 BNAN every day, and all BNAN releases are completed in 3,000 days.
Initial total supply: 1,000,000 600,000 — Holder 400,000 — APES Pool Staking Node inflation rate/year — 1%~10% (not a constant value) How to join in the APES pool staking? Each Ape Baby Club NFTs gets an airdrop of 100 ABC TOKEN on the APES mainnet, which represents your membership card rights. 1 ABC token+0.6 apes / minimum unit of pledge Join the APES pool staking. The APES pool staking generates 400 APES every day, and all APES releases are completed in 1,000 days. How to join a node? No details available. BNAN staking pools? No details available.
APES mainnet: Introduction to Tokens
What is APES? Gas fee on the APES mainnet. What are BNANs? The token in the Metaverse(Boverse) What are ABC, BAC, SIYC and BOND Token? The membership card proof: ABC Token — #ApesMainnet #ApeBabyClub BAC Token — #ApesMainnet #BohrArmyClub SIYC Token — #ApesMainnet #ShibaInuYachtClub BOND Token — #ApesMainnet #Boverse #LAND If you transfer them (token), you will lose membership benefits for all associated NFTs. Include: Mining, staking, airdrops and more For land, if you lose BOND, you will lose the eligibility to own land, although you have LAND #BSC, its only function is to record your coordinates. You can sell your coordinates, If you without BOND, you can never join the Boverse party. What is GKEY? The golden key (GKEY) is the key to open the treasure. Whether in Mining, staking or airdrops, you need to pay it in order to withdraw rewards. What is Apes King? The first copycat token on the APES mainnet. Decentralization.
Add to your media
BOHR: BSC contract
BOHR: BSC contract: 0x7be9E596896b64c88E39b7e88F8dceDDa79845C0
We are all Ryoshi
Every Shibarmy is Ryoshi. It does not represent someone, but the glory of Shibarmy! END
Ryoshi “I am not important, and one day I will be gone without notice. Take the SHIBA and journey upwards frens.”
More Shiba Inu (#SHIB) News
|We Asked ChatGPT What is The Future of Meme Coins Like DOGE, SHIB, and P...
Meme coins are undoubtedly already embedded in the crypto culture as they've left their mark on the industry. Dogecoin, Shiba Inu (SHIB), and most recently - PEPE Coin have all taken the field by storm and continue to perform.
The question is - what is their future? Will they remain a prominent part of the industry or will they eventually fall into oblivion?
We decided to poke the artificial brain of ChatGPT - the popular AI-based language model that's also causing ripples in the fintech industry.
ChatGPT on the Future of Meme Coins
The AI-based chatbot doesn't like giving financial advice, and neither do we. That said, please keep in mind that none of the following should be construed as such - it's solely for entertainment and educational purposes. After all, these are the thoughts of an AI.
'Speaking' of them, ChatGPT argued that:
Meme coins like DOGE, SHIB, and PEPE gained significant popularity and attention due to their association with Internet memes and viral content. These coins often rely on community-driven initiatives and social media engagement to attract users and investors. Their success is largely driven by factors such as brand recognition, celebrity endorsements, and online trends.
So far, it seems ChatGPT has it right. DOGE has Elon Musk behind it, Shiba Inu (SHIB) had the power of the trend, while PEPE Coin took the world by storm by riding the popularity of the meme Pepe the Frog.
ChatGPT argues that their future is based on multiple factors, and predict...
|Biggest Movers: SHIB, BNB Rebound From Key Price Floors on Tuesday
Shiba Inu climbed to a two-week high on Tuesday, as bullish sentiment returned to cryptocurrency markets. The meme coin rose by as much as 2% in today's session, as the global crypto market cap surged by the same amount. BNB was another notable gainer today.Shiba Inu (SHIB)
Shiba inu (SHIB) rose to a multi-week high in today's session, as bullish sentiment returned to cryptocurrency markets.
Following a low of $0.000008759 to start the week, SHIB/USD jumped to a peak of $0.000009067 earlier in the day.
As a result of the move, SHIB climbed to its strongest point since May 10, when price hit a high of $0.00000930.
One of the catalysts of the surge appears to be a breakout which took place on the relative strength index (RSI).
The index moved beyond the ceiling of 40.00, and as of writing is now tracking at 40.83.
Should bulls continue to control sentiment, there is a chance they target an upcoming ceiling of 46.00 on the index.
BNB was another notable gainer on Tuesday, as prices rebounded from a key support level.
BNB/USD rose to an intraday high of $315.21 in today's session, 24 hours after hitting a low of $309.13.
Overall, this recent run, which has seen BNB climb for two consecutive days, comes after a failed breakout of a floor at $302.00.
Due to today's uptrend, the RSI is now on the verge of colliding with a key resistance of 49.00.
As of writing, the index is tracking at 48.95, with earlier bulls possibly preparing to take profits.
Register your email here to g...
|PEPE Dominates DOGE and SHIB in Daily Trading Volume Despite 25% Weekly ...
Despite its recent price decline, the hype surrounding PEPE seems far from over, as crypto whales are still accumulating.
Its daily trading volume has surpassed that of well-known memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) for more than a week.
Still in the Spotlight
One of the best performers in the cryptocurrency market in the past several weeks - Pepe Coin (PEPE) - recently lost some steam, with its price being 26% down within the last week. Its market capitalization also tumbled significantly: from over $1.6 billion at the beginning of May to less than $700 million as of the moment of writing (according to CoinMarketCap).
However, some crypto whales seem unfazed by the decline and have recently purchased a substantial amount of the asset. One user who previously profited $2.2 million from the memecoin spent $2.1 million worth of ETH to buy 1.33T PEPE again. Another investor swapped 397,182 APE for over 748M PEPE.
Besides the engagement from crypto whales, PEPE has been the memecoin with the highest daily trading volume for over a week. Twitter user borovick.eth outlined that PEPE's 24h volume has surpassed $350 million, while DOGE is second with $214 million.
$pepe has been #1 in memecoin volume for over a week pic.twitter.com/nv2T8FPrHH
— borovik.eth (@3orovik) May 15, 2023
PEPE's Turbulent First Month
The asset, launched in mid-April, quickly garnered massive attention. The initial hype was so high that its price was charting AT...
|Biggest Movers: SHIB, DOGE Near Multi-Month Lows, as Musk Finds New Twit...
Shiba inu moved close to a five-month low on Friday, as meme coins reacted to news that Elon Musk has found a new Twitter CEO. Musk tweeted, “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks.” Dogecoin neared a two-month low today.Shiba Inu (SHIB)
Shiba inu (SHIB) neared a five-month low on Friday, as markets reacted to the news that Elon Musk will be stepping down as CEO.
Musk, who acquired the social media company last year, has been at the helm since the takeover, but has now found a long-term replacement.
Following a high of $0.000008746 on Thursday, SHIB/USD dropped to a bottom of $0.000008549 earlier in the day.
As a result of this sell-off, shiba inu moved close to Monday’s low at $0.00000835, which was the weakest point the meme coin has hit since January.
Looking at the chart, this latest move occurred as the relative strength index (RSI) moved deep into oversold territory, with a current reading at 23.02.
This does give hope to longer-term bulls however, that a reversal could be on the cards.
Dogecoin (DOGE) also moved lower in today’s session, as the meme coin neared a multi-month low of its own.
DOGE/USD fell to an intraday low of $0.06957 earlier on Friday, hours after trading at a peak of $0.07268.
Similar to SHIB, today’s decline almost led to dogecoin recapturing a low of $0.0692, which was its weakest level since March.
DOGE has since bounced back from this ear...
|Biggest Movers: DOGE, SHIB Drop to Multi-Week Lows, Following Crypto Red...
Dogecoin dropped to a multi-week low on Saturday, as a red wave continues to wash away recent crypto bulls. The meme coin dropped below a key price floor at $0.080 following today’s plunge. Shiba inu was also lower to start the weekend, falling by as much as 3%.Dogecoin (DOGE)
Dogecoin (DOGE) moved to a three-week low to start the weekend, as bears pushed the meme coin below a key price level.
Following a high of $0.08435 on Friday, DOGE/USD dropped to a bottom at $0.07752 in today’s session.
Saturday’s decline saw DOGE fall below a long-term support point at $0.080, hitting its weakest point since April 3.
From the chart, it appears that dogecoin has found a new floor at near the $0.0760 mark, which comes as the relative strength index (RSI) also consolidated.
At the time of writing this, the index is now tracking at 43.21, which is close to a support point at 42.00.
The next visible resistance level looks to be at 51.00, and should bulls begin to move towards this, DOGE will soon be back above $0.090.
Shiba Inu (SHIB)
Another meme coin in the red on Saturday was shiba inu (SHIB) which also slipped to a multi-week low.
SHIB/USD dropped to a low of $0.00001012 to start the weekend, less than 24 hours after trading at a peak of $0.00001064
This is the lowest level that shiba inu has hit since March 11, and comes following a four-day losing streak.
The recent mini-bear run has now pushed the 10-day (red) moving average to the brink of a downward cross with ...
|Shib Original Vision ($SOV): Riding the Wave of Meme Coins Success
PRESS RELEASE. In recent years, meme coins have gained significant traction due to various social media trends and hype. This is because these coins are often associated with fun and accessible ways to invest in cryptocurrency. Moreover, they are easy to understand and trade, making them attractive to new investors, particularly millenials and Gen Z, who are attracted to the humour and online culture associated with meme coins.
One of the most popular meme tokens today is Shiba Inu ($SHIB). Several factors contribute to the token's popularity, including the efforts of a passionate community referred to as the Shib Army. With the help of social media campaigns, memes, and other forms of online activism, this decentralised group of SHIB enthusiasts has promoted the coin and increased its value. At press time, $SHIB has a total market capitalization of $6.4 billion, making it one of the most valuable cryptocurrencies on the market.
$SOV's strong debut
Karma DAO introduced Shib Original Vision ($SOV) to break down Shiba Inu's current structure and return to a community-centric strategy. The Inu Economic Forum, with more than 50 members, makes decisions about $SOV rather than relying on a single individual like Ryoshi. Additionally, to ensure the project's long-term viability and efficacy, its developers have gotten the platform's smart contract framework audited by popular blockchain security providers MetaTrust and Veridise Inc.
The numbers don't lie: Shib Original Vision gains ...
|Biggest Movers: DOGE, SHIB Consolidate to Start the Week
Dogecoin was consolidating in today’s session, following a volatile few days of trading last week. The meme coin rose by nearly 30% last Monday, before losing these gains as the week matured. Shiba inu was largely unchanged. Dogecoin (DOGE)
Dogecoin (DOGE) moved marginally higher on Monday, as prices began to settle following recent volatility.
Last Monday saw the meme coin jump by nearly 30%, hitting a four-month high in the process.
Since then, prices have fallen lower, with the meme coin hitting a bottom of $0.08204 earlier in today’s session.
DOGE/USD has gone on to reach a peak of $0.08383 on Monday, which came as the relative strength index (RSI) moved closer to a ceiling at 55.00.
At the time of writing, the index is tracking at 52.83, which comes after bulls rejected a breakout below a floor at 51.00.
Should the RSI move towards the 55.00 mark, there is a good chance that DOGE will be trading above $0.0850.
Shiba Inu (SHIB)
Shiba inu (SHIB) was largely unchanged to start the week, as the meme coin continued to consolidate on Monday.
Following a low of $0.00001085 on Sunday, SHIB/USD rose to a peak of $0.00001099 in today’s session.
As a result of the move, SHIB continues to trade below an interim resistance level of $0.00001100.
Looking at the chart, the price uncertainty comes despite a recent upwards cross between the 10-day (red) moving average, and its 25-day (blue) counterpart.
In addition to this, the RSI remains below a key ceiling at 50.00...
|Memecoin Market Watch: Dogecoin Skyrockets 9%, Shiba Inu Up 5%
With the declining trading volumes during the weekend, bitcoin has stalled but remained north of $28,000.
Most larger-cap altcoins are in a similar position, aside from Dogecoin and Shiba Inu. HBAR is also well in the green.
BTC Settles Above $28K
The massive volatility that bitcoin faced last week saw the asset dumping from over $28,000 to $26,500 in hours on Monday when the US CFTC went after Binance. However, that was just the start of the rollercoaster week that drove BTC to over $29,000 just a few days later.
Nevertheless, the bears intercepted this move as well and pushed the cryptocurrency south, resulting in a price slip beneath $27,600 by Friday. As Saturday approached, bitcoin recovered some ground and stood above $28,000.
The past 24 hours have been predominantly calm, with BTC sitting in a tight range between $28,400 and $28,600. Naturally, this means that its market capitalization has remained relatively still at just under $550 billion. Its dominance over the altcoins is also essentially at the same spot as yesterday - 46.3%.
BTCUSD. Source: TradingView
DOGE, SHIB Post Notable Gains
Most alternative coins have also calmed on a daily scale now. This includes ETH standing above $1,800, BNB settling at $315, while LTC, MATIC, SOL, and TRX have posted insignificant gains.
Cardano has dropped by just over 1%, while XRP has jumped by under 3%. Dogecoin and Shiba Inu are the two best performers from the larger-cap alts. The original memecoin has soared by almost 9% and...
|Biggest Movers: DOGE, SHIB Slip Following ECB Rate Hike
Dogecoin and shiba inu fell by as much as 5% in today’s session, as markets reacted to the European Central Bank (ECB) rate hike. The bank moved to increase rates by 50 basis points, despite the recent banking crisis. As a result of this many now expect that the Federal Reserve will continue to increase rates also.Dogecoin (DOGE)
Dogecoin (DOGE) fell by over 5% on Thursday, as markets reacted to the latest interest rate decision from the ECB.
Many believe the Federal Reserve could take a similar approach, hiking rates despite the recent turmoil within the banking system.
Following a high of $0.07313, DOGE/USD raced to an intraday low of $0.06814 earlier in today’s session.
As a result of the decline, DOGE was once again trading below a key price floor at the $0.07000 mark.
The decline comes as bears snapped a five-day win streak on Wednesday, with some of this sentiment carrying over to today.
The catalyst for this appears to be a failed breakout of the ceiling at the 44.00 level on the 14-day relative strength index (RSI).
Shiba Inu (SHIB)
In addition to DOGE, shiba inu (SHIB) was also in the red in today’s session, with prices trading close to a key price floor.
SHIB/USD slipped to a low of $0.00001024 earlier in the day, which comes a day after hitting a high of $0.00001098.
Thursday’s drop in price has seen the meme coin close in on a long-term support point at the $0.00001020 mark.
However, a collision was averted, as the RSI bounced from a flo...
|SHIB Drops 7% in 24 Hours, Here's the Key Support (Shiba Inu Price Analy...
Information emerged that the Shibarium code is a copy. The SHIB price reacted quickly to this news.
Key Support levels: $0.000010Key Resistance levels: $0.000011
Shiba Inu suddenly turned bearish once the news broke out about its code. The price dropped by 7% and is now dangerously close to the key support at $0.000010. Buyers may be hesitant now to consider SHIB and may choose to wait until there is more clarity on this developing story.
Chart by TradingView
Trading Volume: After good buy volume early in the week, this suddenly changed yesterday when bears took over.
RSI: The daily RSI failed to move above 50 points and now is falling again. This is bearish.
MACD: The daily MACD was about to complete a bullish cross, but this was stopped once the news about SHIB's code broke out.
Chart by TradingView
The bias for SHIB is bearish.
Short-Term Prediction for SHIB Price
With SHIB's fundamentals put into question, it is becoming hard to be bullish at this time. For this reason, a retest of the key support at $0.000010 appears more likely in the near term.
The post SHIB Drops 7% in 24 Hours, Here's the Key Support (Shiba Inu Price Analysis) appeared first on CryptoPotato.
|Bitcoin Dominance on the Rise as ADA, DOGE, SOL, SHIB Slump by 8%: Marke...
After tapping a multi-month high above $26,000 earlier this week, bitcoin has retraced and calmed, currently sitting between $24,000 and $25,000.
Most altcoins have declined hard in the past 24 hours, which has pushed BTC's market dominance to its highest levels since June 2022.
BTC Dominance Rises
It was less than a week ago when bitcoin had severe troubles in its price performance as it dipped below $20,000 for the first time in two months. But as the US and later the European banking issues worsened, the cryptocurrency went on a roll.
It first shot up to above $22,000 before it kept climbing and tapped $24,000. Hours later, though, the run continued, and BTC skyrocketed to about $26,500 (on Bitstamp), which became its highest price tag in nine months.
The bears finally reminded of their presence at this point and didn't allow the asset to continue upwards. Just the opposite, they pushed it south, and bitcoin slipped all the way down to $24,000 yesterday.
As of now, the cryptocurrency has reclaimed some value and stands close to $25,000. Its market cap has remained under $500 billion, but its dominance over the altcoins is well above 44%. The last time the dominance maintained such high levels was in June of last year.
BTCUSD. Source: TradingView
Altcoins Turn Red
The altcoins also exploded mid-week to new local peaks, but most have turned red today. Ethereum is down by 2.3% to $1,650. Ripple has retraced by a similar percentage.
More losses come from Cardano, Polygon, Doge...
|Shiba Inu (SHIB) Tumbles 7% on Concerns About Shibarium Code
One of the leading memecoins - Shiba Inu (SHIB) - saw its price tumble throughout the past 24 hours. At the time of this writing, it's down by about 7%.
This comes as some users found out that the chain ID of Shiba Inu's blockchain - Shibarium - is the same as that of another network.
Speaking on the matter was a user who outlined that checking the chain ID is one of the simplest things that developers can do when they are first deploying a network.
As using an ID that already exists is just incompetent as your chain wouldn't work properly and everyone trying to interact with your chain would instead interact with the other chain.
Why is it that it looks like Shibarium's test net has taken rinia testnet genesis file. Changed the name from rinia. But forgot to change the chain ID.
As CryptoPotato reported earlier in March, the release of the testnet was a pivotal moment for the community. Speaking on the matter was the lead developer, Shytoshi Kusama, who said:
It will allow us to meet the army and remain organized in the process. It will allow us to grow Shibarium's reach with professional companies, and allow us to reset our relationship with businesses that we've contacted too in the past. Finally, it will help us find the right validators.
The post Shiba Inu (SHIB) Tumbles 7% on Concerns About Shibarium Code appeared first on CryptoPotato.
|Shiba Inu Devs Reveal Layer 2 Project's Beta Version to Release This Wee...
Shiba Inu developers revealed that the Shibarium public beta platform will be launched sometime this week.
The plan for the layer-2 platform was first unveiled in January this year. It was viewed as a major step for the Shiba Inu ecosystem from being a mere memecoin to offering a way for the SHIB community to access faster and cheaper transactions, with increased scalability and enhanced security. The team backing the token revealed building Shibarium on top of the Ethereum network.
The upcoming launch of the beta version of Shibarium is for testing purposes only.
As stated in its introductory blog, Shibarium's Layer 2 blockchain protocols intend to tap the Metaverse, Web3 innovation, and gaming. The team had earlier also teased the possibility of going off-chain for more private transactions to attract more users.
Shibarium's release is expected to increase the adoption of the SHIB token and strengthen its position as a more serious project. Lead developer Shytoshi Kusama recently stated,
'It'll allow us to meet the army and remain organized in the process. It'll allow us to grow Shibarium's reach with professional companies, and allow us to reset our relationships with businesses that we've connected to in the past. Finally, it'll help us find the right validators.'
Shibarium will also pave the way for token burning as such, every transaction on the network 'will have an implicit burn amount for SHIB token.'
The Shiba Inu ecosystem tokens have reciprocated positively to ...
|Biggest Movers: XRP Hits 2-Week High, SHIB Marginally Higher
Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.29% lower as of writing. Shiba inu also climbed higher in today's session.XRP
XRP, formerly ripple, was once again a notable mover, as prices rose for a third straight session on Wednesday.
XRP/USD raced to an intraday high at $0.3952 earlier today, which comes less than 24 hours after trading at a low of $0.3729.
Following the rally, the token has now risen to its highest point since February 21, as it closes in on a ceiling at $0.40.
Looking at the chart, this comes as the relative strength index (RSI) of 14 days marginally broke out of a ceiling at 57.00.
As of writing, the index is tracking at 57.98, which is its strongest reading since the start of February.
Shiba Inu (SHIB)
Shiba inu (SHIB) jumped back into the green on Wednesday, as prices reentered a key support point.
Following a low of $0.00001065 on Tuesday, SHIB/USD surged to a peak at $0.00001132 earlier in the day.
The move saw the meme coin move back above a price floor at $0.00001100, following a breakout to start the week.
Overall, it appears that this rise in price comes as the RSI moved away from a recent floor at 36.00.
As of writing, the index is tracking at 39.63, with a ceiling at 42.00 a possible target for bulls.
In order for this rally to turn from something brief into something more sustained, this ce...
|Biggest Movers: DOGE, SHIB Fall to Lowest Levels Since January
Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low.Dogecoin (DOGE)
Dogecoin (DOGE) dropped to a multi-month low on Friday, as the Silvergate based sell-off has impacted overall sentiment in the marketplace.
Following a high of $0.08084 on Thursday, DOGE/USD fell to an intraday bottom at $0.07424 earlier today.
This sell-off has pushed the meme coin to its lowest point since January 9, and below a key support point in the process.
Looking at the chart, dogecoin briefly broke out of a floor at $0.0755, which came as the 14-day relative strength index (RSI) also fell below its own support.
As of writing, the index is tracking at 34.80, which is a historically stable floor at the 40.00 mark.
Earlier declines have somewhat eased, and DOGE is trading at $0.07589 at the time of writing.
Shiba Inu (SHIB)
Additionally, shiba inu (SHIB) was another meme coin to edge lower in today’s session, falling to a six-week low in the process.
SHIB/USD slipped to a bottom at $0.00001104 on Friday, following Thursday’s peak at $0.00001219.
As a result, shiba inu fell below a floor at $0.00001130, hitting its weakest point since January 25 in the process.
Overall, SHIB is down 14% in the last seven days, which has resulted in the RSI falling to a two-month l...
|Biggest Movers: SHIB, LTC Marginally Higher During Volatile Start to the...
Shiba inu started the week trading marginally higher, despite cryptocurrencies mostly consolidating on Feb. 27. At the time of writing, the global market cap is currently up 0.83%, as volatility has intensified. Litecoin also rebounded on Monday, hitting a four-day high.Shiba Inu (SHIB)
Shiba inu (SHIB) continued to move away from a recent support point to start the week, as prices rose marginally higher on Monday.
Following a low $0.0000124 on Sunday, SHIB/USD raced to an intraday high of $0.00001307 earlier today.
This move comes as the meme coin bounced from its long-term price floor at the $0.00001230 mark.
Overall, SHIB is down 7% in the last seven days, and this comes following a downward cross of the 10-day (red) and 25-day (blue) moving averages.
In addition to this, the relative strength index (RSI) of 14 days has also failed to move past a ceiling at the 52.00 mark
The index is now tracking at 50.44, which comes after bulls rejected a breakout of a floor at 49.00.
In addition to SHIB, litecoin (LTC) also climbed higher, hitting a four-day high in the process.
LTC/USD moved to a peak of $95.58 to start the week, after ending the weekend trading at a bottom of $93.79.
As a result of today's gains, the token is now trading at its strongest point since last week, Thursday.
The initial move came following a breakout of a resistance point of 50.00 on the RSI indicator.
As of writing, the index is hovering slightly above this mark, with a current reading ...
|Biggest Movers: DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures
Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.' Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global cryptocurrency market cap is 2.42% higher as of writing. Dogecoin (DOGE)
Dogecoin (DOGE) rose by as much as 6% on Wednesday, as markets reacted to tweets from Tesla CEO Elon Musk.
DOGE/USD surged to an intraday high of $0.08707 earlier in today’s session, which comes a day after trading at a bottom of $0.08141.
Today’s move saw the meme coin climb for a second straight session, breaking out of a resistance level at $0.0840 in the process.
Upside momentum comes as the 14-day relative strength index (RSI) surged, and as of writing it is tracking at 50.81
Price strength has now risen to its highest point in nearly a week, and is fast approaching a ceiling at 52.00.
As a result of this, earlier gains have somewhat eased, with dogecoin now trading at $0.08656.
Shiba Inu (SHIB)
Shiba inu (SHIB) also rose for a second consecutive day, breaking out of a resistance level of its own.
Following a low of $0.00001222 on Tuesday, SHIB/USD raced to an intraday high of $0.00001313 earlier in the day.
Like with dogecoin, today’s rally saw the meme coin race past a ceiling at $0.00001285, climbing by nearly 6% in the process.
As can be seen from the chart, there was also a breakout on the RSI indicator, which moved beyond a ceiling at...
|Biggest Movers: SHIB, LTC Rebound From Recent Losses on Saturday
Shiba inu continued to move away from a recent one-week low on Saturday, as the meme coin rebounded to start the weekend. Although overall sentiment remains bearish, prices are starting the weekend relatively stronger. Litecoin also rebounded in today's session.Shiba Inu (SHIB)
Shiba inu (SHIB) saw its price climb marginally higher to start the weekend, breaking out of a resistance level in the process.
SHIB/USD rose to an intraday peak of $0.00001324 to start the weekend, less than 24 hours after bottoming out at $0.0000122.
Today's move saw the meme coin move beyond a price ceiling of $0.00001290, and away from a recent floor at $0.00001160.
However, today's rebound has somewhat lost momentum, and this comes as the relative strength index (RSI) of 14 days failed to move beyond the 55.00 mark.
At the time of writing, the index is tracking at 52.55, which is marginally above a support at 51.00
Should price strength continue toward this floor, there is a strong possibility that SHIB could fall below $0.00001200.
Litecoin (LTC) rose for a second straight session on Saturday, as it too moved away from recent lows.
Following a drop to a bottom at $91.37, LTC/USD moved to a high of $94.67 earlier in the day.
Saturday's surge has seen litecoin move away from its recent point of support at $91.40, and it is now possibly heading for a ceiling at $95.00.
As can be seen from the chart, this began as bulls rejected a move below the 50.00 mark on the RSI, and now seemin...
|Biggest Movers: SHIB Remains Near Recent Highs as Crypto Markets Fall on...
Shiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday's market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets continued to react to historically low U.S. unemployment figures. Avalanche was down in today’s session, nearing a one-week low.Shiba Inu (SHIB)
Monday saw shiba inu (SHIB) continue to trade relatively close to recent highs, despite crypto markets mostly declining.
SHIB/USD hit a high of $0.0000148 earlier today, which comes following a bottom at the $0.0000141 mark on Sunday.
The meme coin had risen to a four-month peak of $0.0000159 on Saturday, however has since declined as traders moved to secure profits.
Looking at the chart, the declines commenced as the relative strength index (RSI) failed to break out of a ceiling at the 80.00 level.
As of writing, the index is now tracking at 77.02, which comes as bulls rejected a breakout of a floor at 75.00.
SHIB bulls will likely attempt to recapture last week’s high in the coming days, however will need to move past the 80.00 mark first.
Avalanche (AVAX), on the other hand, was mostly in the red to start the week, as prices moved close to a seven-day low.
Following a high of $20.43 on Sunday, AVAX/USD dropped to an intraday low of $19.74 earlier in the day.
The move sees AVAX fall for a third consecutive session, and comes following a failed breakout of its $22.00 resistance last Friday.
|Memecoins Explode Weekly: BabyDoge Soars 150%, SHIB Up 28% (Weekend Watc...
Unlike some of the previous weekends since the start of the year, this one has been rather calm for bitcoin, which remains slightly above $23,000.
Some altcoins, though, have performed more impressively, including OKB and a few memecoins.
SHIB, BabyDoge Skyrocket
CryptoPotato reported yesterday Shiba Inu's massive daily increase of over 10%. However, the second-largest memecoin is well in the green once again on a daily scale. SHIB is up by another 7.5%, while its weekly gains are almost 30%, making it one of the best performers for the past seven days.
Among the few alts that have done better is another memecoin - BabyDoge Coin. The Dogecoin spin-off has soared by roughly 150% within the same timeframe.
OKX's native cryptocurrency has soared by almost 7% in the past 24 hours and has tapped another high at nearly $45. Ethereum, Binance Coin, Ripple, Cardano, Dogecoin, and MATIC are also slightly in the red from the larger-cap alts.
Solana, Polkadot, and Avalanche, in contrast, have registered minor daily declines.
The total crypto market cap has added a few billion in a day and sits close to $1.1 trillion on CMC.
Cryptocurrency Market Overview. Source: Quantify Crypto
Bitcoin Calm Above $23K
The primary cryptocurrency experienced some enhanced volatility at the start of the month after the US Federal Reserve announced raising the key interest rates by 25 basis points once again.
At first, the asset remained calm around $23,000. However, it dipped a few hundred dollars hours l...
|Biggest Movers: SHIB Jumps 13% on Saturday, Hitting a 4-Month High
Shiba inu extended recent gains into the weekend, as the meme coin rose to its highest point in four months. Today’s surge saw prices climb by as much as 13%, and comes despite cryptocurrency markets mostly consolidating. Dogecoin also moved higher, breaking out of a recent ceiling in the process.Shiba inu (SHIB)
Shiba inu (SHIB) was one of the biggest movers in the market for a second consecutive session, with prices rising by as much as 13% higher today.
SHIB/USD rose to a high of$0.00001457 on Saturday, which was its strongest point since October 29.
The move comes following a low of $0.00001232 on Friday, and as bulls led a breakout of a price ceiling at $0.00001290.
Looking at the chart, the surge also led to a breakout of the relative strength index (RSI), which hit a 12-day high.
The index moved beyond a ceiling at 74.00 earlier in the day, and is currently tracking at a reading of 79.15.
This is close to a ceiling at 80.00, and has resulted in earlier bulls beginning to abandon previous positions.
Dogecoin (DOGE) also surged in Saturday’s session, with prices breaking out of a key resistance level.
Following a low of $0.09107 on Friday, DOGE/USD raced to an intraday peak of $0.09489 to start the weekend.
As a result of this move, the meme coin once again moved above a ceiling at $0.0935 earlier in the day.
However, as the session progressed, momentum has since dropped, and this comes as the RSI collided with a hurdle.
The index ran into ...
|Shiba Inu Explodes 11%, Bitcoin Stalls at $23K (Weekend Watch)
Bitcoin was quite volatile after the US Federal Reserve announced the latest interest rate hike, which ultimately resulted in tapping a new 5-month high. Since then, though, the asset has calmed at around $23,000.
Several altcoins have outperformed it in the past 24 hours, including Shiba Inu, which has soared by double digits.
Bitcoin Drops Back Down to $23K
Despite losing some ground at the end of January, BTC still closed it well in the green, posting its best month since October 2021 with gains of roughly 40%. February started on a calmer note, with the cryptocurrency sitting below $23,000.
All eyes were on the Federal Reserve on February 1 when it concluded its first FOMC meeting of the year, increasing the key interest rates by 25 basis points. Bitcoin didn't react at first, unlike previous hikes, and just dipped to $22,800 later.
However, the bulls stepped up in the following hours and pushed the asset north hard, gaining over $1,500 at one point and registering its highest price tag since mid-August.
However, BTC failed to continue upwards despite another attempt to decisively overcome $24,000 and fell back down to around $23,000, where it's currently situated as well.
Its market cap is still around $450 billion, but its dominance over the alts is down by over 1% in the past week or so to 41.6%.
BTCUSD. Source: TradingView
SHIB Takes the Main Stage
Most altcoins have posted more impressive gains in the past 24 hours, led by Shiba Inu. The second-largest memecoin has s...
|Biggest Movers: SHIB, DOT Remain Near 3-Month Highs, Despite Crypto Mark...
Shiba inu was one of Friday’s biggest gainers, as the meme coin remained close to a recent three month high. The token has been in the green for the majority of today’s session, despite the global cryptocurrency market cap falling 1.28% at the time of writing. Polkadot was also higher, as it continued to trade above a key price ceiling.Shiba inu (SHIB)
Shiba inu (SHIB) was a notable mover on Friday, with prices remaining close to yesterday's three month high.
SHIB/USD rose to a high of $0.00001291 on Thursday, which was its strongest point since November, however fell lower, as bulls moved to take profits.
As traders abandoned their positions, SHIB fell to a low of $0.00001196 yesterday, however prices have since recovered, and are currently sitting at $0.00001251.
Looking at the chart, Thursday’s decline pushed SHIB towards a floor at 61.00 on the relative strength index (RSI), however bulls rejected a breakout.
As of writing this, the index is tracking at 69.41, which is marginally below a resistance point at 70.00.
In order for SHIB to recapture yesterday’s peak, this ceiling at 70.00 will first need to be broken.
Polkadot (DOT) also maintained bullish momentum in today’s session, as the token continued to trade above a key resistance level.
After giving up a high of $6.84 on Thursday, DOT/USD dropped to a low of $6.53 later in the day.
The token has since rebounded, and as of writing this is currently trading at $6.79, which ...
|Shiba Inu's Price Surge Is In Jeopardy Due To This SHIB Whale
The upcoming launch of Shibarium is raising high hopes in the Shiba Inu community that the SHIB price will rise due to an expanded use case beyond a meme coin. However, a known SHIB whale could derail the hoped-for price rally.
As one of the industry-leading blockchain security companies PeckShield reported via Twitter today, bankrupt crypto lender Voyager has moved some of its crypto holdings. According to PeckShield, about $9.6 million of cryptocurrencies were transferred from Voyager to crypto exchanges Coinbase, Binance US, and Kraken.
Among them were around 4.9 million VGX ($2.1 million), 221,000 LINK ($1.5 million), 3,050 ETH ($3 million), and also 270 billion SHIB, equivalent to around $3 million. As the security company also informed, Voyager still holds 6.8 trillion SHIB, equivalent to around $82 million
This makes Voyager the 18th largest whale of Shiba Inu and a potential threat to the SHIB price if the tokens were to be sold at some point in the future. The reasons for the transfer were not known at press time.
Rumors are circulating on Twitter that Voyager may want to profit from the recent market rally and liquidate the altcoins to compensate its creditors. If this is true, SHIB could face a sell-off that could push the price down sharply.
Shiba Inu Price Remains Unaffected
Whether the rumors will actually come true remains to be seen. Binance.US agreed to buy a part of Voyager's assets in December after the deal between the company and FTX fell through.
|Shiba Inu Observes Highest Rise In Burn Rate – Is This Normal?
SHIB token burn rates are seemingly rising on the Shiba Inu network. The current number of Shiba Inu burn trackers is quite surprising. However, data shows it is due to the degenerative performance of the SHIB burning machine.
On-chain data shows that the SHIB burn rate observed a massive 1682.07% increase over the past 24 hours. That is the highest percentage rise in the burn rate on the SHIB network in the past few months.
Why Is SHIB Burn Rate Increasing? In detail, the number of burnt tokens on the Shiba Inu network did not exceed 1 million SHIB on January 26. Yesterday's amount was one of the lowest numbers of assets developers has burned on the network. So, the seeming spike in burn rate could be due to a default in the SHIB burning machine yesterday.
According to analysts, this percentage spike wasn't triggered by increased network activity. Also, it didn't represent a large number of actually burnt tokens.
Token burns help to reduce the number of coins in circulation. It helps increase an asset's scarcity and possibly boost the token's price when increased supply pushes it down.
For instance, on January 17, the SHIB token burn surged by 613% within 24 hours, and the coin broke the bearish traders' expectations, rising above 20% on the day. However, a surge in price did not accompany the recent rise in the token burn rate.
Also, some SHIB whale activities indicate that top investors have lost faith in the meme coin as many whales keep moving chunks of Shiba ...
|Shiba Inu (SHIB) Price Could Face Make Or Break Moment
The Shiba Inu (SHIB) price could be facing a make-or-break moment in the coming weeks. While the launch of Shibarium is imminent according to the chief developer, the success of the layer-2 blockchain and the emerging ecosystem could determine how the SHIB price will perform.
Despite the 43% year-to-date (YTD) price increase, SHIB is still in bearish territory. Ultimately, SHIB needs another boost, whether from a macro perspective or from the successful launch of Shibarium, to return to the bullish ground.
The 1-day chart reveals that SHIB is still writing low highs on a daily basis since August last year. However, the year-to-date rally could be the start of a major move to the upside. For now, SHIB has seen a retest of the support zone at $0.000011, but could now push ahead with its rise. If not, there could be more downsides for SHIB.
At the moment, SHIB is seeing support from the 200-day EMA at $0.00001125. If the price manages to stay above this level, the first target could be the January 18 high of $0.00001292, in order to write a new local high.
After that, there would be a possibility of SHIB making a new attempt to break the high of $0.00001519 from October 29. Achieving success could mean a return to the bullish territory. However, the final, biggest hurdle, for now, will be the resistance zone between $0.00001691 and $0.00001799.
Shibarium And Whales In The Spotlight For Shiba Inu
A look at the fundamentals also reveals a make-or-break moment. With the much-hype...
|Shiba Inu Declines 6%, Gets Flipped By Litecoin In Market Cap Again
Shiba Inu has once again been flipped by Litecoin in terms of market cap as the meme coin has recorded losses of 6% in the past 24 hours.
Shiba Inu Is Down More Than 6% Today
The year 2023 so far has overall been a pleasant time for SHIB holders as the coin is up around 40% year-to-date. But in the past day, the market hasn't been so kind on the meme coin as its price has observed some significant decline.
At the time of writing, Shiba Inu is trading around $0.00001132, down 6% in the last 24 hours. Here is a chart that shows the trend in the price of the asset over the past month:
As can be seen in the above graph, Shiba Inu caught an upwards momentum in the first week of this month and continued to rapidly rise until forming a local top above the $0.00001270 level around a week ago. In the days that followed, however, the coin mostly displayed a sideways movement, until today came around and the asset plunged.
Over the last seven days, SHIB is now down around over 8%. For comparison, rival coin Dogecoin has only seen a decline of less than 2% in this period, while Bitcoin has observed decent profits of almost 7%.
One question arises here: why did Shiba Inu see such a drop? According to crypto whale tracker service WhaleStats, the DOGE-cousin coin has been the most traded token among the top 100 Ethereum whales today:
JUST IN: $SHIB @Shibtoken flipped $NMR for MOST TRADED token among top 100 #ETH whales
Check the top 100 whales here: https://t.co/N5qqsCAH8j
(and hodl $B...
|Shiba Inu Is The Most Popular Starter Crypto: Nansen
Shiba Inu was the most popular crypto in new wallets over the past week, an on-chain analytics firm recently found. Banking was a boring subject for the Baby Boomer generation, but in the Internet of programmable money, finance is fun.
If asked to guess what they thought was the most popular first coin for new crypto adopters over the past week, many people would probably guess Bitcoin. But that doesn't seem to be the case. Neither is it the number two crypto by market cap, the peer-to-peer network computer, Ethereum (ETH).
Shiba Inu Is Currently Cryptocurrency's Most Popular Starter Coin
On-chain data discovered by Nansen reveals the most popular non-stable coin digital asset for newly funded crypto wallets over the past seven days was Shiba Inu.
Over that period, Nansen clocked over $56 million in SHIB tokens flow into some 12,000 new wallets. The ERC-20 token was the most common crypto other than stablecoins to appear in these balances, according to Nansen.
Shiba Inu went through a slight correction, in line with the rest of the market.
The pullback coincided with stock prices edging lower after running higher in January. Analysts and commentators widely pointed to disappointed economic data and more hawkish interest rate talk from the Fed as the reason for the rout.
SHIB Token Enthusiasts Eagerly Await 'Shibarium'
Wrapped Ether on Uniswap and ShibaSwap is the most dominant trading pair partner for SHIB by volume. But Binance holds the most Shiba Inu in SHIB balances.
|Debt Deflation Warnings, Shibarium Buzz Sees SHIB Rise, Former FTX US Pr...
'The Price of Tomorrow' author Jeff Booth has warned of a 'great depression on steroids' if the U.S. Federal Reserve keeps hiking interest rates, while buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price movements in shiba inu. In other news, former FTX US president Brett Harrison has explained why he left the company and his relationship with co-founder Sam Bankman-Fried (SBF), of FTX infamy. All this and more just below.
Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates
The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed “will be forced to pivot.”
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread
The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel Securities. In the Twitter thread, the former president of the U.S. subsidiary explained that his “relationship with Sam Bankman-Fried and his deputies had reached a point of total deterioration, after ...
|Shiba Inu Shows Aggressiveness With 20% Jump In The Weekly Charts
The altcoin market has been following the major cryptocurrencies in their recent rally. Shiba Inu (SHIB) is one of those tokens that maintained a solid performance in the last week.
According to CoinGecko, SHIB is up 19.5% in the weekly timeframe and over 47% in the monthly at the time of writing. This strong growth is fueled by external factors along with the nearing launch of Shibarium, the ecosystem’s upgrade that would bring a list of features for the ShibArmy.
Who Let The Dogs Out?
Shytoshi Kusama, the pseudonymous chief developer of the Shiba Inu meme coin, has been constantly teasing the release of Shibarium since the start of the year. The nearing launch of the upgrade led the price to climb.
As the Shiba Inu community excitedly anticipates the beta release of Shibarium, Kusama is promoting the notion that the release of the Layer 2 scaling solution may be closer than previously believed.
The primary developer for SHIB tweeted a link to the official Shibarium Telegram handle and instructed fellow SHIB developer Trophias to 'open the chat.'
The Shibarium upgrade would leverage the Ethereum network’s security while scaling Shiba Inu’s ability to handle transactions. This would lower fees significantly while making the network faster and more efficient.
It would also offer utility as the upgrade would mean more SHIB tokens burnt. As of January 21st, the total burned SHIB is over 410 trillion, according to SHIB burn tracker, Tra...