New Self-Proclaimed 'Dogecoin Killer' SHIBA Skyrockets Over 750% In A Single Day: 'Time For The Birth Of A New King'
Portfolio Pulse from Mehab Qureshi
Shiba (SHIBA), a cryptocurrency that calls itself the 'Dogecoin killer', has seen a 750% increase in value in the past 24 hours. The token is not listed on centralized exchanges but has been actively traded on decentralized ones. The SHIBA website declares itself as the 'rebirth of the DOGE killer' and anticipates a new leader in the crypto market. SHIBA has also introduced its own token called $BONES.
October 09, 2023 | 3:17 am
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NEGATIVE IMPACT
The rise of Shiba (SHIBA) as a 'Dogecoin killer' could potentially impact the value of Dogecoin (DOGE).
The rise of Shiba (SHIBA) as a 'Dogecoin killer' could potentially lead to a decrease in the value of Dogecoin (DOGE) as investors may shift their investments to SHIBA.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Shiba (SHIBA) has seen a massive surge in value, which could attract more investors.
The significant increase in the value of Shiba (SHIBA) could attract more investors, potentially leading to a further increase in its value.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100