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Shiba Inu News
TheNewsCrypto
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Is Shiba Inu (SHIB) Headed For a Rektober or an Uptober?
- Shiba Inu (SHIB) has lost over 5.60% in the past 24 hours.
- The burn rate of SHIB has spiked by 226%, with 2.63 million tokens burnt.
- The SHIB price has been on a bearish trend, hitting a peak of $0.00001702 and a low of $0.0000157.
- SHIB's price chart indicates the failed attempt to overcome the bearish trend, with resistance at $0.00001712.
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Crypto-News-Flash
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SHIB Holders with 100B to 10T Tokens Increase Holdings
- Over 668,000 addresses hold between 100 billion and 10 trillion SHIB, controlling 302 trillion tokens.
- Large holders are consolidating their positions, with fewer addresses controlling increasingly larger amounts of SHIB.
- Addresses between 100 billion and 1 trillion SHIB have accumulated 173 trillion tokens, showing a 1.01% increase.
- Shiba Inu's marketing initiatives, including the release of a new game called Shiboshi Rush, are ongoing.
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TheNewsCrypto
1M
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Shiba Inu (SHIB) Finally Showing Bullish Signs, Grayscale XRP Trust Could Pave the Way for an ETF, Rexas Finance (RXS) Presale Surpasses $1.7M in a Jiffy.
- Shiba Inu (SHIB) displays bullish signs, surpassing the $0.00001125 support level, possibly indicating an uptrend.
- Grayscale XRP Trust may lead to the first XRP ETF, requiring approval from the SEC, thus creating UX for exchanging XRP and driving adoption.
- Rexas Finance (RXS) raises over $1.7M in its presale, with the potential for high returns in the tokenization of real-world assets.
- Rexas Finance enables purchasing real estate assets and derivates, without venture capital, making it an attractive investment for citizens.
- Investors should keep an eye on Rexas Finance, which is likely to launch its token at $0.20, after a successful presale selling at $0.050.
- Shiba Inu's recent gains are attributed to interest in meme tokens and progress on projects like ShibaSwap and NFTs.
- Grayscale's XRP Trust aims to enable institutional investors to acquire XRP without physically holding it, making an XRP ETF potentially feasible.
- Rexas Finance makes investing in real-world assets more accessible, which could transform the RWA market.
- Citizens looking to invest early in Rexas Finance could see high returns and potential to drive change in the RWA market.
- TheNewsCrypto provides information on Shiba Inu, Grayscale XRP Trust and Rexas Finance, but does not endorse any content or represent investment advice.
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Cryptoticker
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Shiba Inu Price Prediction: Will SHIB Price Crash to 0?
- Shiba Inu (SHIB) has experienced a sudden dip in price due to unfavorable market conditions and diminishing buying activity.
- One of the factors influencing this downward trend is the escalating geopolitical tensions in the Middle East.
- Market sentiment for Shiba Inu (SHIB) is neutral, with the Fear & Greed Index showing a score of 37.
- Despite the recent sell-off, SHIB has demonstrated growth over the past year, increasing by 129%, outpacing Bitcoin, Ethereum, and 67% of the top 100 crypto assets.
- The token's high liquidity relative to its market cap reduces the chances of it collapsing to zero.
- However, SHIB is currently trading below the 200-day simple moving average (SMA), suggesting it is in a bearish trend and may face further selling pressure.
- Shiba Inu's negative yearly inflation rate and controlled token supply imply some stabilization of its price over time.
- Unless there are catastrophic market events or a complete loss of investor confidence, it is unlikely that Shiba Inu will see its price plummet to zero.
- However, investors should remain cautious as SHIB is likely to continue facing volatility in response to broader market dynamics and its overbought status.
- In conclusion, SHIB's future is uncertain and is dependent on several market factors, but a crash to zero seems unlikely at the moment.
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Bitcoinist
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Why Did The Shiba Inu Price Crash 7%?
- The Shiba Inu (SHIB) price crashed by 7% in the last 24 hours, alongside the drop in the broader crypto market.
- The crash is attributed to the escalating Israel-Iran conflict, which has sparked fear and uncertainty in the market.
- Shiba Inu's price is strongly correlated with Bitcoin, which also experienced a significant drop due to the conflict.
- Despite the price decline, Shiba Inu whales continue to accumulate the meme coin, indicating confidence in its potential.
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Zycrypto
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Shiba Inu Whale Activity Rockets 360% Amid Price Boost — Can SHIB Price Shed Another Zero?
- Shiba Inu (SHIB) has seen a 35% price surge in the last 30 days, part of a broader cryptocurrency rally.
- Whale activity surrounding SHIB has increased by 360%, positioning it among the top projects attracting large investors.
- 79% of SHIB holders have maintained their positions for over a year, indicating a strong long-term investor base.
- Technical analysis suggests a bullish outlook for SHIB with potential price breakout to $0.000024.
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Bitcoinist
1M
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Shiba Inu Team Announces Major Partnership, Here’s The 411
- Shiba Inu has announced a major partnership with Zama, an open source cryptography company.
- The partnership aims to create a Fully Homomorphic Encryption (FHE) system.
- FHE technology can have significant impacts in areas like confidential smart contracts and private NFT auctions.
- The partnership will also open new use cases for Shiba Inu's ecosystem projects.
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Crypto-News-Flash
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Shiboshi Rush: Shiba Inu’s Latest Game Adventure You Can’t Miss!
- Shiba Inu has launched the new game Shiboshi Rush, where players command the Shiboshi army to battle against the Shadowcat forces.
- The game features gates that enhance the performance of the Shiboshi army.
- However, there have been issues with Android users facing download problems for Shiboshi Rush.
- Shiba Inu is also preparing to launch 'Shib the Metaverse' to expand the SHIB token utility and foster community engagement.
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Bitcoinist
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Shiboshi Rush: Shiba Inu’s Latest Game Hits Android Devices
- Shiba Inu has released its latest hyper-casual game, Shiboshi Rush, for Android users.
- Shiboshi Rush is an action-packed adventure game where players assemble an army of Shiboshis to defeat the Shadowcat army.
- The game features strategic troop placement, multiplier gates, and castle destruction as the ultimate goal.
- Shiba Inu aims to target the hyper-casual gaming segment with inclusive and easily accessible games.
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Crypto-News-Flash
1M
334
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Memecoins Take Off After Bitcoin’s Rally—Double-Digit Gains Shine
- Memecoins are experiencing double-digit gains in the past 30 days, leading the altcoin rally.
- Analysts speculate that speculative trading is driving the memecoin surge.
- Dogwifhat (WIF) and Pepe (PEPE) are among the memecoins showing significant gains.
- Speculative interest in memecoins has surged, driving the market value to new highs.
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TechBullion
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Expert Identifies Crypto Token That Will ‘Beat and Put to Shame’ Shiba Inu and Dogecoin in the 2025 Bull Run, Priced Under 10 Cents
- The emergence of a consensus among a community of experts indicates that a new token valuing less than 10 cents will outshine Shiba Inu and Dogecoin during the 2025 BULL RUN.
- Rexas Finance (RXS) is predicted to surpass both SHIB and DOGE due to its innovative approach towards tokenizing physical assets and real-world asset (RWA) tokenization.
- Unlike Shiba Inu and Dogecoin, RXS adheres to fundamentals that offer real value and provide new investment opportunities for a broader pool of people.
- Rexas Finance has only 65 million tokens, versus over a trillion for Shiba Inu and billions for Dogecoin, making it a promising token for long-term investors seeking high returns.
- The ongoing RXS presale has already generated over $1.7 million, attracting significant interest from investors.
- Experts project that the price of RXS tokens will reach levels of $1 to $5 by 2025, making RXS an attractive asset for institutional investors.
- The hybrid RXS token has a long-term outlook, making it a more valuable asset over time compared to the speculative nature of Shiba Inu and Dogecoin.
- Investing in Rexas Finance now makes an ideal opportunity for those seeking to position themselves ahead of the 2025 bull run where RXS is predicted to lead from the start.
- With RXS, asset tokenization is a reality, providing users with utility and incredible upside potential
- Rexas Finance's tokenomics, innovative approach, and real-world asset tokenization technology make it a promising option for investors looking to enter the expanding market.
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Crypto-News-Flash
1M
280
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Shiba Inu Enhances Security: How Zama’s Encryption Gives SHIB a Massive Boost
- Shiba Inu has partnered with ZAMA, a cybersecurity company known for its Fully Homomorphic Encryption (FHE) technique.
- The partnership aims to enhance the security and privacy of Shibarium, allowing complex smart contracts without compromising user data.
- Shiba Inu and ZAMA have been working together since earlier this year, focusing on implementing FHE to protect sensitive data.
- FHE enables confidential smart contracts, secure data analysis, and privacy in cross-chain transactions and NFT auctions.
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TheNewsCrypto
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When Can the SHIB Community Expect Shiba Inu’s Metaverse to Go Live?
- Shiba Inu's marketing lead, Lucie, announces the upcoming launch of Shib The Metaverse for the ecosystem.
- The metaverse aims to be the heart of the SHIB community, offering a virtual space for creativity and engagement.
- Speculations suggest that 'Shib The Metaverse' might be launched in October or by the end of 2024.
- Despite the announcement, the price of Shiba Inu (SHIB) declined by 8.47% in the last 24 hours.
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Cryptonewsz
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258
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Shiba Inu Weekly Recap: Milestones and Meteoric Rises
- Shiba Inu has grown by 27.14% in the last 7 days, with a token value of $0.00001874.
- Shibarium's total value locked (TVL) reached an all-time high, attracting developers and users.
- ShibaSwap is preparing to enable token purchases, making it easier to obtain tokens using credit or debit cards.
- Shiba Inu launched the SHI stablecoin, which caused a jump in the value of SHIB.
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NullTX
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Altcoin Euphoria Surges: Top Trending Projects Driving Crypto Discussions
- Toncoin ($TON) is one of the top-trending altcoins, driven by its association with The Open Network (TON) and the Hamster Kombat airdrop.
- Shiba Inu ($SHIB) continues to attract attention with its sharp rise in activity around Shibarium.
- Pepe ($PEPE) has sparked debate among users, with speculation about its potential for a future bull run.
- Altcoin euphoria is driving speculation and market activity in the cryptocurrency market.
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