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Shiba Inu News
Crypto-News-Flash
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Crypto Insiders Share Strategies for Dogecoin and Shiba Inu to Achieve Mass Adoption
- Meme coins like Dogecoin and Shiba Inu can achieve mass adoption by aligning with charitable causes.
- By using meme coins to solve social problems and promoting donations, their asset status can be elevated.
- Crypto experts suggest that meme coins could reach a $1 trillion market cap and individual values surpassing $10 billion.
- Notable figures like Vitalik Buterin support the idea of meme coin donations to maximize their positive impact.
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Bitcoinist
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Shiba Inu Whales Move 3.02 Trillion SHIB, Are They Leading The Sell-Off?
- Shiba Inu whales have significantly increased their volume in 24 hours, suggesting their involvement in the sell-offs.
- The number of Shiba Inu transactions involving at least $100,000 worth of tokens has increased by 66%.
- A total of 3.02 trillion SHIB tokens were transacted by these large whales, amounting to $52.8 million.
- The majority of SHIB investors are still in profit, with 52.86% holding addresses 'In The Money.'
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Crypto-News-Flash
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SHIB Eyes New Heights: 32% Rally Powered by Short-Term Buyers, But Will It Hold?”
- Shiba Inu (SHIB) has experienced a 32% rally fueled by short-term buyers.
- Increased coin holdings and reduced selling activity among short-term holders contribute to the surge.
- The reliance on short-term holders poses a risk of volatility in SHIB's price.
- The actions of long-term holders will impact SHIB's future trajectory, potentially stabilizing or boosting its market value.
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Zycrypto
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Crypto Proponents Share the Key to Mass Adoption for Memecoins Like Dogecoin and Shiba Inu
- Meme coins have the potential to find order and become less chaotic according to Ki Young Ju, founder and CEO of On-chain analytical platform CyproQuant.
- Ju suggests that meme coins can boost their relevance by solving social problems and that donations could be the pathway for meme coins to strengthen their significance in the cryptocurrency market.
- Vitalik Buterin, co-founder of Ethereum, also believes in the significance of meme coin donations and has made donations to charity organizations using meme coins.
- At present, leading meme coins like Dogecoin and Shiba Inu have experienced a 10% loss in gains within 24 hours.
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TronWeekly
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Shiba Inu Community Eyes Massive Gains: Is a 1,000% Surge on the Horizon?
- Shiba Inu has experienced a 17% decline, following a strong performance in September.
- Cryptocurrency influencer Lucie expressed bullish sentiment, hinting at a potential 1,000% surge.
- Analysts support Lucie’s projection, noting the growing ecosystem and increased investor confidence.
- Positive developments such as increased burn rate, integration of a liquid staking protocol, and heightened on-chain activities fuel investor confidence in Shiba Inu.
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TronWeekly
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Shiba Inu Surges 33.5% Amidst ETF Speculation
- Shiba Inu, the meme coin, has surged by 33.5% in the past month.
- Anticipation of a potential SHIB ETF is fueling optimism for a significant price increase.
- Shytoshi Kusama, Shiba Inu's lead developer, has shared a cryptic post, sparking speculation about his future involvement.
- Investors are closely watching for any further developments that could impact the price of SHIB.
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TheNewsCrypto
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NEIRO vs. Shiba Inu vs. Rexas Finance (RXS): Which One Will Deliver 5,000% Gains First?
- NEIRO has experienced a 4,300% surge but is showing signs of exhaustion and potential decline.
- Shiba Inu (SHIB) has faced a downtrend and struggles to maintain momentum.
- Rexas Finance (RXS) demonstrates strong growth potential and aims to tokenize real-world assets.
- Rexas Finance (RXS) is positioned to deliver 5,000% gains sooner than NEIRO and SHIB.
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Newsbtc
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Shiba Inu Earns Recognition For Charitable Contributions – Impact On Price
- Shiba Inu (SHIB) has been recognized as the most donated meme coin for charitable causes.
- Ethereum co-founder Vitalik Buterin praised meme coins for their charity contributions, including SHIB.
- Shiba Inu leads among meme coins in terms of philanthropy, according to crypto expert Del Crxpto.
- Technical analyst Charting Guy predicts a possible price spike for SHIB based on breakout and backtest signs.
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Newsbtc
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Shiba Inu Price Set To Rally Over 2430% To $0.000047 As Trend Oscillator Turns Bullish
- Shiba Inu (SHIB) is showing a strong buy signal according to the L3 Banker Fund Flow Trend Oscillator.
- Analyst Cantonese Cat predicts at least a 5x move to SHIB's all-time high, with a potential 2430% increase to a target of $0.00047.
- The L3 Banker Fund Flow Trend Oscillator is a rare indicator that last flashed a buy signal for SHIB in July 2023.
- Reaching the 'crazy target' of $0.00047 would require SHIB to break through multiple resistance levels, representing a 2430% increase from the current price level.
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Bitcoinist
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Here’s Why The Dogecoin And Shiba Inu Price Crashed Again
- Dogecoin and Shiba Inu prices have crashed again amid market uncertainty and unfavorable macro environment.
- The US job report suggested a healthier economy and reduced chances of a rate cut by the Federal Reserve, negatively impacting these meme coins.
- Geopolitical tensions, particularly the Israel-Iran conflict, and upcoming US elections have also contributed to the price crashes.
- Dogecoin is trading at around $0.107, down over 5% in the last 24 hours, while Shiba Inu price is trading at around $0.000017, down over 7% during this period.
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TheNewsCrypto
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Can Shiba Inu (SHIB) Signal a Bullish Move on the Charts This Week?
- Shiba Inu (SHIB) has declined by 4.35% over the past 24 hours.
- The burn rate of SHIB has dropped by 89.70% with 532,258 tokens burnt.
- SHIB's price has been bearish but showing signs of a potential further decline.
- If bullish conditions arrive, SHIB's price could rally to $0.00001927.
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Bitcoinsensus
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Shiba Inu Burn Rate Up 544%, Outperforms Competitors With Monthly Gains
- Shiba Inu burn rate spikes, with over 5.1 million SHIB burned, a 544% increase from the previous day.
- Shiba Inu outperforms competitors, gaining 38% in the last 30 days, surpassing Dogecoin, Bitcoin, and Ethereum.
- Positive ecosystem growth with the launch of the web3 game 'Shiboshi Rush' and strong on-chain data.
- Shiba Inu holders remain optimistic as the burn rate spikes and the ecosystem continues to grow.
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Bitcoinist
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Shiba Inu Sees Decline In Major Metric That Could Cause Price To Plummet
- Shiba Inu (SHIB) has witnessed a major decline in whale transaction volume, indicating a possible price downturn.
- Recent data reveals a sharp drop in large volume SHIB transfers, with transaction volumes plunging by 83.2%.
- As whale activity decreases, Shiba Inu is losing momentum compared to other meme coins like Dogecoin.
- Despite the decline, an outspoken SHIB supporter remains confident in the future outlook of the meme coin.
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TheNewsCrypto
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Shiba Inu’s $0.01 Dream: Analyst Dismisses The Possibility
- Cryptocurrency analyst Aaron Arnold dismisses the possibility of Shiba Inu reaching $0.01 in 2024.
- Arnold emphasizes the importance of market cap considerations in price predictions.
- SHIB at $0.01 would require 54,100% growth, resulting in a $5.895 trillion market cap.
- Contrasting views exist within the crypto community, with some suggesting SHIB could reach $0.05 by next year.
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TronWeekly
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Shiba Inu Developer Goes Wild Over UAE’s Crypto Tax Break
- Shytoshi Kusama, the lead developer of Shiba Inu, praises the UAE for exempting cryptocurrency transactions from VAT.
- The UAE's progressive stance on cryptocurrencies can make it a global leader in the industry.
- The VAT exemption could contribute to increased adoption of Shiba Inu and other cryptocurrencies in the region.
- The UAE government's efforts to promote crypto-friendly regulations attract businesses and investors to the country.
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