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SHIBUSD

Shiba Inu / US Dollar

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, are down but holding crucial trend lines, suggesting potential for a reversal. Bitcoin's large transaction volume increased, while daily active addresses decreased. Analysts predict Bitcoin could reach $116,000, despite current bearish trends.

Portfolio Pulse from Khyathi Dalal

August 19, 2024 | 8:28 pm

Shiba Inu (SHIB) may experience a significant rally, with technical analysis suggesting a potential 498% increase. However, the U.S. government's holding of 54.9 billion SHIB could impact the market if offloaded. Recent developments include a new 'Security Score' feature and ShibTorch for token burning.

Portfolio Pulse from Khyathi Dalal

August 19, 2024 | 12:47 pm

This week in crypto saw the Winklevoss twins criticize Kamala Harris for her absence at crypto roundtables, a significant drop in Shiba Inu's burn rate, and political figures like Anthony Scaramucci and Chuck Schumer advocating for sensible crypto regulation. Market sentiment suggests a Trump victory could be bullish for crypto, while a Harris win might be bearish.

Portfolio Pulse from Benzinga Neuro

August 18, 2024 | 12:00 pm

Cryptocurrency markets are rallying despite challenging conditions, with Bitcoin, Ethereum, and Dogecoin seeing notable gains. Analysts have mixed feelings about the market's direction, but some believe Bitcoin will thrive regardless of political outcomes. Notable developments include the launch of 5ire's mainnet and the introduction of MSTX, a leveraged ETF for MicroStrategy stock.

Portfolio Pulse from Ivan Crnogatić

August 16, 2024 | 8:00 pm

Shiba Inu (SHIB) has experienced a 4.61% price drop in the past 24 hours, continuing a week-long decline of 5.0%. Trading volume has decreased by 29.0% over the past week, while the circulating supply has increased by 0.5%. The current market cap for SHIB is $7.69 billion, ranking it #16.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 3:01 pm

Sun.io, affiliated with Tron founder Justin Sun, has launched SunPump, a platform for creating meme coins on the Tron blockchain. This positions SunPump as a competitor to Solana's pump.fun platform. SunPump emphasizes security and transparency, with a rigorous vetting process and a partnership with Poloniex for listing successful projects. Tron and SunPump are also investing $10 million into the Meme Ecosystem Boost Incentive Program.

Portfolio Pulse from Murtuza Merchant

August 16, 2024 | 2:27 pm

Vitalik Buterin, co-founder of Ethereum, donated over $500K worth of memecoins to an animal charity, causing a drop in the prices of Dogecoin, Shiba Inu, and Pepe.

Portfolio Pulse from Aniket Verma

August 16, 2024 | 11:00 am

Cryptocurrency markets are experiencing significant volatility, with major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin seeing notable declines. Bitcoin miners' profits have dipped, and long liquidations have spiked. Despite the downturn, some traders believe the market is nearing the end of its 'final weeks of pain.' Additionally, MSTX has launched as the first single-stock leveraged ETF for MicroStrategy stock, offering 175% exposure.

Portfolio Pulse from Khyathi Dalal

August 15, 2024 | 8:06 pm

Shiba Inu's (SHIB) burn rate has dropped by 45% in the last two days, causing concern among traders. Despite this, the Shiba community launched ShibHub, an app to enhance the Shiba ecosystem. Technical indicators show mixed signals, with RSI close to bearish levels but potential bullish momentum if certain moving averages cross.

Portfolio Pulse from Khyathi Dalal

August 15, 2024 | 1:07 pm

Neiro (CRYPTO: NEIRO), a new dog-themed memecoin inspired by the sister of Dogecoin mascot Kabosu, has surged 1408% since its launch. Despite the owner's denial of endorsement, the coin has gained significant traction, reflecting the ongoing interest in memecoins.

Portfolio Pulse from Aniket Verma

August 15, 2024 | 6:55 am

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