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Shiba Inu News

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Bitcoinist

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Decoding The Dogecoin And Shiba Inu Price Surge, What Are The Factors Driving The Double-Digit Rally?

  • Dogecoin and Shiba Inu prices have surged in double digits in the last 24 hours.
  • The rallies are attributed to developments in the US election, particularly a bullish outlook with Donald Trump's victory.
  • Dogecoin benefits from Trump's victory due to Elon Musk's proposed Department of Government Efficiency (D.O.G.E).
  • Whales are accumulating more Dogecoin and Shiba Inu coins, indicating a positive outlook for their future trajectory.

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TheNewsCrypto

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3 Cryptos Gearing Up for Unstoppable Growth and New All-Time Highs in November 2024

  • Shiba Inu aims to develop a huge ecosystem in the crypto industry with ShibaSwap and plans for Shibarium.
  • Ripple (XRP) is experiencing bullish price trends as the SEC's deadline to appeal the court ruling approaches.
  • Rexas Finance enables users to tokenize real-world assets and offers various features like Rexas Estate and Rexas GenAI & DeFi.
  • Rexas Finance has raised over $5.45M in its presale event and is listed on CoinMarketCap and CoinGecko.

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TheCryptoBasic

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Shiba Inu: Expert Sets $0.00005685 as Next Target for SHIB Amid Election Boost

  • Shiba Inu (SHIB) has seen a sharp rise amid the ongoing U.S. elections and broader bullish sentiment in the crypto market.
  • An analysis by market watcher Alex Clay suggests a potential bullish reversal for SHIB as it breaks above a key trend level.
  • Clay has set two price targets for SHIB based on Fibonacci retracement levels: $0.00003710 and $0.00005685.
  • Shytoshi Kusama, Shiba Inu's lead developer, proposes a $2.35 billion initiative to establish the U.S.'s first blockchain-focused tech center.

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Zycrypto

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Shiba Inu Is Unlikely to Ever Hit $1 SHIB Price For This Reason, Asserts Pundit

  • Shiba Inu (SHIB) faced downward pressure on Monday, slipping 1.71% to $0.00001678.
  • Despite the dip, trading volume surged 24.35% to $266.92M, indicating sustained interest.
  • Crypto analyst 'Investing Haven' asserts that SHIB hitting $1 is mathematically improbable due to its massive circulating supply.
  • The Shiba Inu project aims to overcome challenges through strategic improvements, partnerships, and growing token-burning activities.

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Bitcoinsensus

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Shibarium Trustwatch Issues Alert on Fake SHI and TREAT Tokens

  • Shibarium Trustwatch warns investors about phishing scams related to upcoming SHI and TREAT tokens.
  • SHI token will be a stablecoin pegged to $0.01, while TREAT will serve as the ecosystem's reward currency.
  • The Shiba Inu ecosystem renovations have made it a target for phishing and scam attempts.
  • Investors are cautioned about sharing confidential information related to SHI and TREAT tokens.

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TheCryptoBasic

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Top Analyst Targets 2X Profit from Shiba Inu, Sees Explosive Surge to $0.000043

  • An analyst predicts Shiba Inu could surge 200%, potentially soar near its yearly peak, after a recent breakout and strong bullish signals.
  • Shiba Inu is rebounding from the bearish momentum, currently trading at $0.00001784, marking an 8.64% rebound.
  • An analyst known as 'World Of Charts' predicts a two-fold price increase for Shiba Inu, expecting a breakout to $0.000043.
  • Other analysts also suggest Shiba Inu may reach new price levels, with some targeting $0.000081 as the overall target.

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Bitcoinist

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Shiba Inu Lead Dev Proposes To Establish The ‘Silicon Valley Of Crypto’

  • Shytoshi Kusama, the lead developer of Shiba Inu, proposes to establish a 'Strategic Hub for Innovation and Blockchain' (S.H.I.B.) in a US city.
  • The initiative aims to position the US as the 'Silicon Valley of Crypto' and lead in the crypto industry.
  • The plan includes infrastructure development, economic incentives, talent development, regulatory framework, and sustainable practices.
  • Projected outcomes include job creation, economic contribution, and attracting private investments.

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Crypto-News-Flash

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Shiba Inu Proposes S.H.I.B. Crypto Strategy to Musk and Trump, SHIB Price Jumps

  • Shiba Inu lead developer proposes S.H.I.B Silicon Valley for crypto in the US, boosting SHIB price.
  • Shytoshi Kusama's proposal aims to develop a Strategic Hub for Innovation and Blockchain (S.H.I.B) in a US city.
  • The S.H.I.B initiative aims to stimulate economic growth, create jobs, and enhance national security.
  • SHIB price jumped to $0.000017 after Kusama's proposal reverberated in the crypto market.

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TronWeekly

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Shiba Inu Breaks Out of Falling Wedge, Bullish Trend Confirmed

  • Shiba Inu breaks out of falling wedge pattern, indicating a potential bullish trend.
  • RSI on the daily chart shows signs of recovery, moving out of oversold territory.
  • Binance burns over 5 billion SHIB tokens, reducing supply and potentially boosting price.
  • Shiba Inu community celebrates Binance's involvement in token burn, urging other exchanges to follow suit.

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TheNewsCrypto

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Can Shiba Inu (SHIB) Build on Recent Gains for a Stronger Rally?

  • Shiba Inu (SHIB) has spiked by 5.30% over the past 24 hours.
  • SHIB's trading volume has surged by 43%.
  • SHIB is among the top gainers, gaining over 5.30%.
  • Technical indicators suggest a bullish sentiment for SHIB.

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TheCryptoBasic

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Shiba Inu Cautions Community on When SHIB Can Be a Red Flag

  • Shiba Inu team member DaVinci warns the community about potential red flags related to tokens with 'SHIB' in their name.
  • Using SHIB to promote random and unknown 'sh*tcoins' is seen as a major red flag.
  • Scammers have been leveraging this tactic to sell worthless coins, causing recurring losses for investors.
  • The Shiba Inu ecosystem team advises community members to conduct due diligence and be cautious of suspicious projects.

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Cryptoticker

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Shiba Inu Price Prediction: SHIB Price Can Surge Massively

  • Shiba Inu (SHIB) has experienced a massive jump in its burn rate, increasing by 900% in the past week.
  • With billions of SHIB tokens removed from circulation, the token burn aims to make SHIB more scarce and potentially boost its value.
  • SHIB's recent burn rate surge follows a dedication to reducing the token supply by the SHIB community.
  • While SHIB's price has only slightly risen, long-term initiatives like creating a Strategic Hub for Innovation in Blockchain and investing in infrastructure show potential for steady growth.

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Crypto-News-Flash

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Shytoshi Kusama Teases “Growvember” for SHIB: What Could Be Coming for Shiba Inu?

  • Shytoshi Kusama, lead developer of Shiba Inu, teases 'Growvember' as a significant month for the Shiba Inu coin and other Shibarium-linked tokens.
  • Kusama dismisses rumors of the availability of the TREAT token on ShibaSwap.
  • The SHIB team announces the upcoming Bury 2.0 staking upgrade on Shibarium and Ethereum, offering governance rights, staking rewards, and exclusive perks.
  • Despite the hype around 'Growvember,' there has been a lack of burn activity for SHIB in the past two days, indicating a potential loss of community interest.

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TheCryptoBasic

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Shiba Inu Team Says SHIB is Only ERC-20 Token in Top 10, Loyal to Ethereum Since Day One

  • Shiba Inu Team claims SHIB as the top ERC-20 token on Ethereum in terms of market capitalization.
  • Shiba Inu has remained loyal to Ethereum since its launch and has attracted significant value to the blockchain.
  • Shiba Inu community members express disappointment in Ethereum co-founder Vitalik Buterin's statement favoring Dogecoin.
  • Shiba Inu's lead developer requests to showcase SHIB's potential to Buterin and highlights its technologies, community, and decentralized governance system.

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Bitcoinist

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Shiba Inu Team Member Reveals Expectations Following The US Presidential Elections

  • Lucie, the Shiba Inu marketing lead, expects a November bull run in the crypto industry.
  • She predicts that the inflows will initially flow into Bitcoin, followed by an altcoin bull run.
  • Lucie plans to invest in established tokens such as Shib, Bone, and Leash in the Shiba Inu ecosystem.
  • Crypto investors are optimistic about the industry's growth following the US presidential elections.

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