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Shiba Inu News
TechBullion
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BONK, SHIB, and WIF Face a New Challenger: Is DOGEN the Memetoken to Watch?
- DOGEN, a new memecoin, is challenging established favorites BONK, SHIB, and WIF in the cryptocurrency market.
- DOGEN, built on the Solana blockchain, offers a unique blend of humor, luxury, and financial promise.
- BONK, SHIB, and WIF face competition from DOGEN, which brings bold branding, luxury appeal, and early community incentives.
- The memetoken market is heating up as DOGEN rises, with BONK, SHIB, and WIF vying for dominance.
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NullTX
4w
396
Image Credit: NullTX
Shiba $SHIB Withdrawals Surge As Bullish Momentum Builds
- In the past 24 hours, 1.67 trillion $SHIB tokens have been withdrawn from exchanges.
- A similar withdrawal spike in the past led to a 62% surge in the price of Shiba Inu.
- Shiba Inu is facing a critical resistance level at $0.000025 with 40,000 addresses holding 54.6 trillion $SHIB.
- $SHIB has formed a bullish flag pattern, projecting a potential price movement to $0.000037 if the resistance is broken.
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Bitcoinist
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Image Credit: Bitcoinist
Shiba Inu Lead Dev Unveils Mainstream Adoption Strategy For Shibarium
- Shytoshi Kusama, the lead developer of Shiba Inu, has revealed a strategy focused on mainstream adoption for Shibarium.
- The strategy aims to attract support from centralized exchanges for Shibarium, Shiba Inu's Ethereum Layer-2 solution.
- Kusama highlights the need for mass adoption of Shibarium to entice exchanges, linking usability to economic viability.
- Efforts to enhance Shibarium's appeal are underway, with steps taken in developing the technology and seeking adoption.
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Crypto-News-Flash
4w
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Image Credit: Crypto-News-Flash
Shiba Inu Lead Shares Tips to Attract Major Exchanges to Shibarium
- Shiba Inu lead developer, Shytoshi Kusama, discusses the lack of major exchange listings for Shibarium-based meme coins.
- Kusama suggests that projects on the network should engage in strategic partnerships, build unique niches, and drive revenue to attract exchanges.
- He emphasizes the importance of mainstream adoption and meeting the requirements set by centralized exchanges.
- Shiba Inu has also proposed the establishment of a Strategic Hub for Innovation in Blockchain in the US.
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TheNewsCrypto
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Is Shiba Inu Poised for a Breakout as Burn Rate Surges?
- Shiba Inu (SHIB) experiences a surge in burn rate, with 14.58 million tokens permanently removed from circulation.
- This reduction in token supply has generated optimism for SHIB's future.
- Technical analysis indicates a bullish golden cross pattern, suggesting potential upward momentum.
- SHIB faces resistance at $0.00002275, but positive market sentiment and strong accumulation support continued growth.
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TechBullion
4w
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Image Credit: TechBullion
Shiba Inu Coin Price Prediction: SHIB Primed For Another Breakout Along With Cardano And Innovative New Altcoin
- Shiba Inu (SHIB) is showing potential for a bullish continuation as accumulation continues.
- Cardano (ADA) is expected to follow suit and experience a surge in momentum.
- Undervalued low-cap gem, Cutoshi, could see significant growth after its viral presale.
- Cutoshi aims to blend meme energy with DeFi functionality, offering innovative rewards through Cutoshi Farming.
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Zycrypto
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Binance Exchange Makes Major Shiba Inu and Cardano Update, What’s Next For Asset’s Price
- Binance has announced changes to the leverage and margin tiers of several assets on its futures platform including Cardano (ADA) and Shiba Inu (SHIB).
- The changes are made to ensure market stability and create a balance between small and large traders.
- ADA/USDT contracts will see positions between $10,000 and $50,000 drop from 41-50x to 26x-40x.
- Shiba Inu (SHIB) continues to climb uphill as meme coins gain more popularity.
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TronWeekly
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Image Credit: TronWeekly
Shiba Inu’s Seasonal Surprise: A Bullish November?
- A recent seasonality report suggests a potential bullish phase for Shiba Inu, particularly in November.
- Combination of bullish market sentiment and the possibility of favorable crypto tax policies under a potential new administration has fueled interest in SHIB.
- Many Shiba Inu investors are holding onto their positions, with hopes of significant gains in the coming years, especially if there are changes to crypto taxation.
- A recent report highlights Shiba Inu's potential bullish trend, particularly in November, with an average return of over 7%. Speculation around potential changes to crypto taxation under a new administration has also attracted investor interest. Many investors are holding onto their positions in anticipation of significant gains, particularly in 2025 if favorable tax policies are implemented.
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TechBullion
4w
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Image Credit: TechBullion
SHIB to the Moon? Analysts Foresee a Rally While Many Investors Show Interest in TRX & a New Phase 5 Presale Star
- Shiba Inu (SHIB) and Tron (TRX) are gaining momentum with bullish price predictions.
- SHIB has seen a 30% rise in the past month, with bullish indicators suggesting further growth.
- Analyst Shib Knight predicts a potential surge in the price of SHIB.
- TRX has also shown a 20% increase in the past week, with analysts predicting a rally to $0.35.
- DTX Exchange (DTX), a new token, is gaining interest and may see an 800% rise by 2025.
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Bitcoinsensus
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Memecoin Showdown: Dogecoin Holds, Pepe Stumbles, Shiba Inu Struggles
- Dogecoin holds steady, gaining 1.08% while Pepe and Bonk see significant losses.
- Elon Musk’s involvement with Trump’s campaign boosts Dogecoin, increasing 158% over 30 days.
- Shiba Inu drops 9.85% this week, trailing behind other top memecoins.
- Pepe and Bonk experience daily losses, while Dogecoin maintains stable performance and Shiba Inu struggles.
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Crypto-News-Flash
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Shiba Inu Burn Rate Soars: Could SHIB Hit a New High in the Bull Market?
- Shiba Inu's burn rate soared by 6,223%, burning 281,875 SHIB in 24 hours, reducing the circulating supply to 583 trillion tokens.
- SHIB's price has jumped 4.98% in the last 24 hours, trading at $0.000025. It has seen a monthly increase of 31% and a year-to-date increase of 144%.
- The higher burn rate and the market recovery could lead to price increases for Shiba Inu.
- 61% of Shiba Inu holders are in profit, indicating strong interest, but whales controlling 73% of SHIB adds to the risk of large sell-offs.
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Crypto-News-Flash
1M
116
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BONK Surpasses WIF: Solana’s Top Meme Coin Preps for 1 Trillion Token Burn
- Bonk (BONK) surpasses Dogwifhat (WIF) to become the fourth largest meme coin with a market cap of $3.81 billion.
- The surge in market cap is attributed to the announcement of burning 1 trillion Bonk tokens in December.
- Bonk's price reaches an all-time high of $0.00005626, with a 99% surge in the last seven days and an ROI of 5,068,794%.
- The burning exercise, called BURNmas, involves token burns for various activities, creating a network effect and driving demand.
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Crypto-News-Flash
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Kusama’s Blockchain Plan for Trump: A Game-Changer for Shiba Inu Price?
- The prospect of Shiba Inu in the Donald Trump Presidency remains positive with the S.H.I.B proposal.
- SHIB proponents see the token jumping to a new high of $0.0001 very soon.
- Following Trump's victory, Shytoshi Kusama proposed establishing a Strategic Hub for Innovation in Blockchain (S.H.I.B.) in the US.
- Experts have mixed opinions on the timeline for SHIB to reach the $0.0001 target.
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TheCryptoBasic
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Top Investor Says He is Not Selling Shiba Inu Until SHIB Soars 1,967,629% to $0.50
- Prominent crypto investor Carl 'The Moon' declares he will not sell his Shiba Inu (SHIB) holdings until it reaches at least $0.50.
- The prediction is based on SHIB's historical performance and potential upward momentum.
- Community reactions to the prediction are mixed, with some questioning the feasibility of SHIB reaching $0.50.
- Reaching $0.50 would require SHIB to increase in value by nearly 1,967,629%.
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TheCryptoBasic
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Image Credit: TheCryptoBasic
Top Analyst Says Shiba Inu Is Warming Up for a Massive 200% Green Candle
- Leading analysts predict Shiba Inu is primed for a massive breakout, with some forecasting a 200% rally as retail investors drive the next parabolic phase.
- Shiba Inu has underperformed compared to other meme coins like Dogecoin, but the SHIB community remains optimistic about potential price increases.
- Analysts point out that the current price action of meme coins is following a historical pattern, with the first warm-up pump followed by a consolidation phase and then a massive rally driven by retail investor enthusiasm.
- Shiba Inu's recent rally is seen as a warm-up, with the potential for significant moves and a climb to as high as $0.00015 once retail investors enter the market.
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