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Shiba Inu News
Bitcoinist
2w
191
Image Credit: Bitcoinist
Shiba Inu Investors Turn Bearish Amid Massive SellOffs At $0.000018, But This Could Be Good News
- Shiba Inu investors have turned bearish amid a wave of sell-offs.
- On-chain analytics platform Santiment suggests that this bearish sentiment could be positive for the Shiba Inu ecosystem.
- Shiba Inu's burn rate and rising Shibarium daily transactions indicate a potential price rebound.
- At the time of writing, the Shiba Inu price is trading at around $0.000017.
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Newsbtc
2w
392
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Shiba Inu Inflows Soar 555% In 3 Months – Will The Momentum Continue?
- Shiba Inu (SHIB) has experienced a 555% increase in inflows from large holders within the last 90 days.
- Despite negative market sentiment, the sentiment for SHIB has improved by 718% in a day.
- Traders see an opportunity for a potential bounce-back in SHIB as the sentiment remains positive.
- SHIB is showing an uptrend with a projected 90% rise in the next six months and a 76% rise in the next year.
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Changelly
2w
410
Image Credit: Changelly
What Is Shibarium? Shibarium Blockchain Explained
- Shibarium is a Layer-2 (L2) blockchain network designed to enhance the Shiba Inu cryptocurrency ecosystem by providing improved scalability, lower transaction costs, and a more seamless user experience.
- The primary goal of Shibarium is to address high gas fees on Ethereum, which were hindering Shiba Inu’s growth. With its own blockchain, Shiba Inu can now offer real utility for its tokens, transcending the status of ‘just a meme coin.’
- Shibarium offers a sizable boost to blockchain efficiency and scalability by functioning as a Layer 2 (L2) solution.
- Shibarium developers have utilized advanced blockchain technology to create this Layer 2 solution, addressing key challenges and paving the way for future growth and innovation within the Shiba Inu ecosystem.
- With new features and projects like Shiba Eternity and the ShibaSwap decentralized exchange, Shiba Inu is carving a niche for itself as a project that’s not only about the journey but also the experiences it offers to its dedicated community of supporters.
- Shibarium’s introduction reflects a commitment to continuous growth and adaptation within the ever-evolving landscape of digital assets.
- Shibarium operates atop the existing Ethereum blockchain, intending to streamline transaction speeds and reduce costs.
- Shibarium was launched on the Shiba Inu mainnet on August 16, 2023.
- Shibarium boosts market confidence and offers enhanced functionalities.
- Shibarium facilitates the creation of decentralized applications (dApps) and blockchain games, and this can solidify Shiba Inu’s position in the dynamic crypto world.
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TheNewsCrypto
2w
405
Image Credit: TheNewsCrypto
Shiba Inu Burn Rate Jumps Over 65,500% as Millions of SHIB Vanished
- Shiba Inu's burn rate has surged over 65,500%, with 2,652,095 $SHIB burned in the past 24 hours.
- SHIB price declined around 1.56% and traded at $0.00001762.
- Over 2.6 million SHIB tokens were burned in 5 transactions, pushing the burn rate to 65529%.
- Shiba Inu is trading at $0.00001762 with a low volume of $224 million.
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Bitcoinist
2w
405
Image Credit: Bitcoinist
Shiba Inu Sees Positive Price Sentiment, Hinting At A Possible Price Rebound
- Shiba Inu, a meme coin, shows signs of potential price rebound.
- Positive trends and rising sentiment indicate a wave of new and old investors.
- Technical indicators suggest bullish momentum and key resistance levels to watch.
- Despite recent price drop, Shiba Inu retains strong investor sentiment and increased trading volume.
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Bitcoinist
2w
179
Image Credit: Bitcoinist
Hidden Bull Divergence Appears On Shiba Inu Chart, Here’s How High The Price Can Go
- Crypto analyst Javon Marks suggests that a 'Hidden Bull Divergence' pattern on the Shiba Inu price chart indicates a potential 330% climb.
- Marks maintains a price target of $0.000081 for Shiba Inu, anticipating a 4X increase soon.
- Another analyst, 'Flatleak', identifies signs of a rebound for Shiba Inu, with key indicators signaling upward momentum.
- Based on positive developments and increased retail investor interest, Shiba Inu's next bull target is predicted to be $0.000022.
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10 Likes
Zycrypto
2w
104
Image Credit: Zycrypto
Shiba Inu, Dogecoin Now Held as Long as Ether As Memecoin Holders’ Confidence Surges
- Dogecoin (DOGE) and Shiba Inu (SHIB) are gaining significant investor traction, with an average holding period of 2.4 years, comparable to Ethereum (ETH).
- This shift in investor behavior indicates a more stable, committed investor base for meme coins.
- DOGE and SHIB are showing resilience and significant upside potential, even during challenging market conditions.
- Analysts are optimistic about the future of DOGE and SHIB, projecting potential price increases and upward momentum.
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6 Likes
Bitcoinist
2w
13
Image Credit: Bitcoinist
Shiba Inu Team Introduces New SHIB Burning Method Via Shibarium
- The WoofSwap team has introduced a new Shiba Inu token-burning mechanism through a token called FEED.
- FEED operates through a smart contract that allows for the free minting of tokens, with gas fees consumed and contributing to the burning of SHIB tokens.
- The token distribution model of FEED is fair and inclusive, allowing anyone or any team to mint tokens without prerequisites.
- The WoofSwap team aims to amplify the rate at which SHIB is burned by encouraging more participation and token creation through FEED.
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Crypto-News-Flash
3w
244
Image Credit: Crypto-News-Flash
David Gokhshtein on Shiba Inu’s Role in Meme Coin Revolution
- David Gokhshtein is a vocal advocate for Dogecoin and Shiba Inu, believing in their long-term growth and community-driven potential.
- His narrative combines knowledge of what motivates the contemporary investor, a love of cryptocurrency, and entrepreneurship.
- Gokhshtein emphasizes the importance of meme coins like Shiba Inu and Dogecoin as starting points for new investors, citing their potential for generating wealth.
- He is committed to the long-term success of Shiba Inu and encourages diversification in crypto investments.
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14 Likes
Crypto-News-Flash
3w
61
Image Credit: Crypto-News-Flash
Shiba Inu Community: More Than Just Trends — We Care About Our Future
- Shiba Inu's ecosystem is different because it focuses on the project's ultimate vision and long-term growth.
- The Shiba Inu community cares about safety and the future of the project, with long-time holders being present.
- The community is built on trust, integrity, and strives for lasting impact rather than temporary hype.
- SHIB token has gained 20% in the past month, with analysts predicting a better November, though a dip to $0.0000144 is expected first.
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3 Likes
Bitcoinist
3w
8
Image Credit: Bitcoinist
Shiba Inu Price Could Resume Uptrend To $0.00002 As Whale Transactions Jump 240% To 3.42 Trillion SHIB
- Shiba Inu whale transactions have increased by 240% as large investors move trillions of SHIB tokens.
- Whale transaction volume jumped from 925.79 billion to 3.42 trillion in just one day.
- The increase in whale activity suggests positive market sentiment and bullishness on SHIB.
- The recent surge in whale activity could potentially drive the Shiba Inu price to $0.00002.
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Crypto-News-Flash
3w
43
Image Credit: Crypto-News-Flash
Shiba Inu Unveils New Airdrop: What SHIB Holders Need to Know
- Shiba Inu (SHIB) announces Philtoken (PHIL) airdrop for SHIB holders
- 10 million PHIL tokens allocated for eligible participants
- PHIL airdrop exclusively for self-custody SHIB holders
- Potential partnership between Shiba Inu and Philtoken hinted
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2 Likes
Crypto-News-Flash
3w
280
Image Credit: Crypto-News-Flash
Shiba Inu News: Whale Moves $2 Million—Is SHIB’s Next Rally Going to be Influenced by Whales?
- A whale withdrew 105.866 billion SHIB tokens from Coinbase, worth nearly $2 million, in three large transactions.
- Shiba Inu's price briefly surged, breaking out of a tight range, with bullish technical indicators supporting further gains.
- The whale's actions have caused speculation on the next move, whether they will buy or sell more tokens.
- Technical analysis suggests a bullish zone for SHIB, with the potential for a price breakthrough towards the next resistance level.
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16 Likes
TheNewsCrypto
3w
171
Image Credit: TheNewsCrypto
Shiba Inu Analyst Predicts SHIB to Reach $0.00003 Level: Here’s When
- Analyst FOUR predicts SHIB to reach $0.00003260 sooner than expected.
- SHIB up 30% in past month, approaching $0.00002169 resistance.
- Meme coin sector flourishing despite positive utility token news.
- FOUR's analysis suggests bullish momentum and a potential 71% uptick for SHIB.
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10 Likes
Bitcoinist
3w
35
Shiba Inu’s Shibarium Sees Massive 760% Spike In Daily Transactions, What’s Driving It?
- Shiba Inu’s Shibarium has witnessed a massive 760% spike in daily transactions, providing a bullish outlook for the meme coin.
- The spike in daily transactions on the layer-2 network indicates an uptrend and potential price rally for Shiba Inu.
- Increased daily transactions contribute to more SHIB token burns, which have already seen impressive growth this month.
- Shibaswap and Shibex DEX are driving factors behind the surge in daily transactions on Shibarium.
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