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Shiba Inu News

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Bitcoinist

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Dogecoin Price Rockets 28% To Cross $0.17, Shiba Inu Surpasses Avalanche, Is Meme Coin Season Back?

  • The Dogecoin price has risen by 28% in the last seven days and 7% in the last 24 hours, while Shiba Inu has gained 6% in the last seven days and surpassed Avalanche in market cap rankings.
  • The recent performance of Dogecoin and Shiba Inu has raised speculation that the meme coin season might be back, reminiscent of the 2021 bull run when meme coins saw significant price increases.
  • Analysts predict that Dogecoin's price could outperform Bitcoin in the current meme coin season, as both coins continue to outperform Bitcoin in year-to-date gains.
  • Dogecoin's recent price gains have helped it catch up to other top meme coins like Dogwifhat and Pepe, while Shiba Inu has surpassed Avalanche and aims to enter the top 10 cryptocurrencies by market cap.

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Cryptopotato

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Why Is the Shiba Inu (SHIB) Price Up Today?

  • Shiba Inu (SHIB) price has surged, reaching a one-month high.
  • SHIB's performance is in line with the overall bullish trend in the crypto market.
  • Increased SHIB burns aim to reduce the circulating supply and potentially drive up its valuation.
  • Shibarium transactions have increased by 13,500% in 24 hours, indicating higher user engagement.

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Bitcoinist

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Shiba Inu Price To $0.000081 Target: Analyst Forecasts The Catalyst Behind It

  • Crypto analyst forecasts a bullish price target of $0.000081 for Shiba Inu.
  • The analyst highlights the need for a 351% increase from the current price.
  • The catalyst behind this target is the formation of multiple bullish patterns.
  • Shiba Inu has shown strong price action with a 7% rally in the last 24 hours.

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Bitcoinist

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Shiba Inu And Dogecoin Price Notch Over 10% Gains In 24 Hours, What’s Driving It?

  • Meme coins Dogecoin and Shiba Inu have recorded double-digit gains in the past 24 hours.
  • Dogecoin leads the rally with a 16% increase, surpassing resistance levels at $0.15 and $0.16.
  • Shiba Inu also benefits from positive market sentiment, gaining approximately 10% within the same timeframe.
  • The surge in prices can be attributed to recent dynamics in the US election landscape and Elon Musk's support.

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Zycrypto

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Shiba Inu Sees Trillions In SHIB Accumulation By Whales Amid Crypto Exposure Scaling Heights in Asia

  • Whales have been accumulating large amounts of Shiba Inu (SHIB), with 1.2 trillion SHIB leaving exchanges and being stored in cold wallets.
  • Shiba Inu is experiencing growing bullish momentum, with the price hitting $0.00001863.
  • The Shiba Inu ecosystem is witnessing enhanced investor optimism with the upcoming launch of the SHIB Doggy DAO Foundation.
  • Asian investors are showing increased crypto exposure and ownership, with 76% of high-net-worth individuals and family offices already in the market.

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TheNewsCrypto

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Top Meme Coin Loved by the Indian Community

  • Meme coins have become popular among India's crypto-savvy population.
  • Shiba Inu (SHIB) is gaining popularity among Indian investors.
  • Shiba Inu's affordability and community-driven development appeal to Indian investors.
  • Shiba Inu's efforts to expand its ecosystem and potential long-term value make it a favorite meme coin in India.

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Crypto-News-Flash

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Shiba Inu Announces Key Shiboshi Update on Shibarium – Big Changes Ahead

  • Shibarium is set to introduce major updates for Shiboshi NFTs.
  • The updates aim to enhance utility and introduce exclusive events and rewards.
  • Shiboshis will play a key role in future expansions across the Shib ecosystem.
  • SHIB price shows signs of rebound amid recent ecosystem developments and reduced supply.

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Bitcoinist

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Shibarium Transactions Crash 85%, Shiba Inu Burns Drop 78%, What’s Going On?

  • Shibarium daily transactions have crashed by 85% and Shiba Inu burns dropped by 78%.
  • The drop in transactions and burns has raised concerns in the SHIB community.
  • Shibarium's daily transactions are expected to spike again with the introduction of the SHIB Shiboshi NFT collection.
  • A potential price recovery for Shiba Inu may occur as transactions and burns pick up.

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TronWeekly

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Shiba Inu Unveils Shiboshi Upgrade to Boost Ecosystem Value

  • Shiba Inu's Shiboshis NFTs will undergo a strategic upgrade, adding enhanced features and increased ecosystem utility.
  • Exclusive rewards and events are planned for Shiboshi holders, fostering greater engagement within the SHIB community.
  • The update will reduce gas fees on Shiba Inu's Shibarium, with users sharing tips for low-cost network bridging.
  • Crypto enthusiasts remain bullish on SHIB's long-term prospects, with the upcoming Shiboshis upgrade being a major contributing factor.

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Crypto-News-Flash

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Shiba Inu Launches ShibaSwap 2.0 with DeFi-Friendly Improvements

  • ShibaSwap 2.0 introduces concentrated liquidity and multi-hop swaps, improving user control and transaction efficiency on Shibarium.
  • Shiba Inu’s ShibaSwap 2.0 enhances transparency with APR tracking and flexible fee tiers, boosting DeFi accessibility for users.
  • ShibaSwap 2.0 includes features like concentrated liquidity, simplified staking, and multi-hop swaps to enhance user experience.
  • Future plans for ShibaSwap include price notifications, limit orders, a simpler UI, and potential features like smart swap contracts and dollar-cost averaging.

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TheNewsCrypto

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Floki, Shiba Inu, and Pepe Will Flip DogeCoin in Upcoming Bull Run

  • Major meme coins like Floki, Shiba Inu, and Pepe are expected to surpass Dogecoin in the upcoming bull run.
  • The meme coin market cap has dropped by 16% to $60.8 billion.
  • Dogecoin remains Elon Musk's favorite cryptocurrency, and analysts anticipate its price to reach a new all-time high if Donald Trump is re-elected.
  • Floki, Shiba Inu, and Pepe have experienced price fluctuations and are currently trading below their all-time highs.

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Crypto-News-Flash

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Shibarium Transaction Boom: 23,000% Spike Hints at New SHIB High

  • Shibarium transactions spiked by 23,000%, indicating strong user interest in Shib.
  • Analysts predict SHIB could reach $0.000081 with higher lows and breaking key resistance.
  • Shibarium experienced significant growth with a 23,368% increase in transactions.
  • Increased user engagement boosts confidence in SHIB's upward potential.

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Crypto-News-Flash

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Ripple and Shiba Inu: 2 Compelling Reasons to Add XRP and SHIB to Your Portfolio

  • Shiba Inu's expanding ecosystem and potential shift to decentralized governance make it a compelling investment choice in the meme coin space.
  • Ripple's institutional interest and potential ETF offerings position it as a solid choice for long-term growth in the cryptocurrency sector.
  • Shiba Inu's ecosystem expansion includes the possibility of a SHIB ETF, while the upcoming SHIB DAO empowers community members in decision-making.
  • Ripple is experiencing growing institutional interest and the potential launch of XRP ETFs, enhancing its credibility and market presence.

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Bitcoinist

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Shiba Inu Team Announces The New ShibaSwap 2.0, What To Expect

  • The Shiba Inu team has announced the new 2.0 version of the decentralized exchange (DEX) ShibaSwap.
  • The new version, ShibaSwap 2.0, will focus on improving decentralized finance (DeFi) accessibility.
  • Key upgrades in ShibaSwap 2.0 include concentrated liquidity, optimized rewards redemption, and multi-hop swaps.
  • Future plans include ShibaSwap 3.0 with features like limit orders, price alerts, and a more user-friendly interface.

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Zycrypto

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New SHIB High? — How Shibarium’s 23,000% Transaction Surge Could Spark Historic Rally For Shiba Inu

  • Shiba Inu (SHIB) has shown a bearish breakdown but analysts believe it is positioned for a significant breakout.
  • Analyst Javon Marks predicts SHIB could target $0.000081, a gain of over 330%.
  • MMBTrader expects a +100% gain and highlights the potential for a sustained upward move if SHIB breaches the critical resistance level at $0.00002.
  • Shibarium, the layer-2 scaling solution for the Shiba Inu ecosystem, has seen a 23,368% surge in new transactions over the past 30 days, reflecting rising user interest and engagement.

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