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SHIBUSD

Shiba Inu / US Dollar

https://shibatoken.com/

Industry

Digital Currency

SHIB is a token designed to be an Ethereum-compatible alternative to Dogecoin (DOGE). Like DOGE, SHIB is intentionally abundant — with an initial circulating supply of one quadrillion coins. The Shiba Inu ecosystem also supports projects such as an NFT art incubator and a decentralized exchange called Shibaswap.

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Shiba Inu's burn rate has surged by 14,506.9% due to recent burn transactions, but its market performance remains flat. The market is described as heavily manipulated, with new exchange listings and tweets from Elon Musk failing to impact meme coins like Dogecoin. Despite a rise in large transaction volumes, daily active addresses for Shiba Inu have decreased.

Portfolio Pulse from Khyathi Dalal

September 17, 2024 | 12:05 pm

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are experiencing declines ahead of a potential rate cut decision. Bitcoin has broken support levels, with predictions of further drops. Despite this, some analysts see short-term obstacles as beneficial for medium-term growth.

Portfolio Pulse from Khyathi Dalal

September 16, 2024 | 8:43 pm

Shiba Inu (SHIB) has experienced a 4.88% price drop in the last 24 hours, continuing a week-long decline. Trading volume decreased by 10% while circulating supply increased slightly. SHIB's market cap is ranked #16 at $7.71 billion.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 7:03 pm

Glauber Contessoto, known as the 'Dogecoin millionaire,' predicts a 2025 meme coin bull run, highlighting Pepe and Brett as key players. He foresees a resurgence in the 'Dogeverse' with Dogecoin, Shiba Inu, and Floki gaining traction.

Portfolio Pulse from Khyathi Dalal

September 16, 2024 | 12:10 pm

Cryptocurrency markets are on the rise with Bitcoin nearing $60,000, driven by expectations of a Federal Reserve rate cut. MicroStrategy's recent Bitcoin acquisition and Bitcoin Spot ETFs inflows are notable developments. Analysts suggest this may be a last chance to buy Bitcoin at lower prices.

Portfolio Pulse from Khyathi Dalal

September 14, 2024 | 6:56 am

Shiba Inu (SHIB) has seen a 10% increase over the past week, with traders optimistic about a continued rally. The coin's burn rate has spiked, and a major upgrade to Shibarium is expected to enhance its performance. Traders are eyeing a potential breakout that could lead to significant gains.

Portfolio Pulse from Khyathi Dalal

September 13, 2024 | 7:08 pm

Shiba Inu (SHIB) has seen a 3.24% price increase in the last 24 hours, continuing a positive trend with a 5% gain over the past week. Despite the price rise, trading volume has decreased by 23% while the circulating supply increased slightly. SHIB's market cap is ranked #16 at $8.06 billion.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 3:00 pm

Cryptocurrency markets are slightly up as traders anticipate a potential rate cut. Bitcoin, Ethereum, and Dogecoin have seen modest gains. Analysts predict a bullish trend for Bitcoin, with potential upward momentum. Notable developments include Grayscale reviving XRP Trust and Coinbase launching cbBTC.

Portfolio Pulse from Khyathi Dalal

September 12, 2024 | 8:00 pm

Glauber Contessoto, known as SlumDOGE Millionaire, endorses NEIRO as the next big dog-themed memecoin, predicting it will unite Dogecoin and Shiba Inu communities. NEIRO has surged 1024% since launch, outperforming DOGE and SHIB.

Portfolio Pulse from Aniket Verma

September 12, 2024 | 4:50 am

Cryptocurrency markets remain stable post-presidential debate, with Bitcoin showing potential for a rally due to a 'golden cross' on its 2-month chart. Ethereum is predicted to outperform Bitcoin by 2025. Bitcoin miners have sold over 30,000 BTC recently, and CleanSpark expands its mining operations.

Portfolio Pulse from Khyathi Dalal

September 11, 2024 | 7:46 pm

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