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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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Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, have been declining for three consecutive days despite increased whale transactions. Notable statistics include a rise in Bitcoin's large transaction volume and a surge in exchange netflows. Analysts suggest this correction could be a bullish continuation pattern.

Portfolio Pulse from Khyathi Dalal

August 28, 2024 | 7:48 pm

Shiba Inu (SHIB) has seen a 4.2% price drop in the last 24 hours, continuing a week-long decline. Despite the price drop, trading volume has surged by 146% over the past week, while the circulating supply decreased slightly. SHIB's market cap is ranked #16 at $8.21 billion.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 7:02 pm

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are experiencing a downturn as traders anticipate economic data releases and Nvidia's earnings. Despite the decline, Bitcoin's transaction volume and active addresses have surged, with many traders going long. The SEC is set to challenge Kraken, and Nasdaq seeks approval for Bitcoin index options.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 8:06 pm

Floki (CRYPTO: FLOKI) is gaining momentum with new partnerships and exchange listings, including a multi-year partnership with the University of Miami Athletics. This has led to increased optimism among traders, with Floki outperforming other meme coins like Dogecoin, Shiba Inu, and Pepe. The coin is also now listed on the European exchange Iconomix.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 5:27 pm

Cryptocurrency markets are experiencing a slow start to the week with Bitcoin, Ethereum, and Dogecoin trading lower. Notable statistics show a decrease in large transaction volumes and active addresses. Analysts predict minor short-term declines for Bitcoin before a potential rise.

Portfolio Pulse from Khyathi Dalal

August 26, 2024 | 8:48 pm

Shiba Inu (SHIB) has surged 14% over the past week due to community developments and positive trader outlooks. The cryptocurrency plans to launch a decentralized autonomous organization (DAO) to empower holders with voting rights, enhancing its governance structure. Increased transactions and bullish sentiment suggest potential further gains.

Portfolio Pulse from Khyathi Dalal

August 26, 2024 | 12:17 pm

On International Dog Day, several dog-themed memecoins have shown impressive returns in 2024. Solana-based dogwifhat led with a 1106% increase, followed by Floki with 274%, Shiba Inu with 44%, Bonk with 40%, and Dogecoin with 21.42%.

Portfolio Pulse from Aniket Verma

August 26, 2024 | 8:14 am

Cryptocurrency markets are experiencing a bullish trend as Federal Reserve Chair Jerome Powell hints at potential interest rate cuts. Bitcoin, Ethereum, and Dogecoin are among the cryptocurrencies seeing significant gains. A 'golden cross' formation in Bitcoin suggests a potential rally, with experts predicting a bullish phase that could surpass the 2016-2017 cycle.

Portfolio Pulse from Khyathi Dalal

August 23, 2024 | 7:35 pm

Shiba Inu (SHIB) has seen a 7.01% price increase in the last 24 hours, continuing a positive trend with a 14% gain over the past week. Trading volume has increased by 43%, and the circulating supply has slightly risen. SHIB's market cap is now ranked #16 at $8.88 billion.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 7:03 pm

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