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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 are trading lower due to the U.S. government moving 10,000 BTC to an unknown wallet and the latest CPI data release. Bitcoin, Ethereum, and Dogecoin saw notable declines. Despite the price drop, experts remain bullish on Bitcoin, citing increased large transaction volumes and institutional accumulation.

Portfolio Pulse from Khyathi Dalal

August 14, 2024 | 8:20 pm

Cat-themed meme coin Popcat has surged 6813% this year, challenging the dominance of dog-themed tokens like Dogecoin and Shiba Inu. The Solana-based cryptocurrency has a market cap of half a billion dollars. Another feline-themed coin, Mog Coin, has also seen significant gains. Meanwhile, dog-themed tokens have lagged behind.

Portfolio Pulse from Aniket Verma

August 14, 2024 | 3:39 am

Cryptocurrency markets are trading higher with notable gains in Bitcoin, Ethereum, and other major cryptocurrencies. Bitcoin whale transactions have spiked, and there are possible renewed Mt.Gox distributions. Analysts have mixed predictions on Bitcoin's next moves, with some seeing potential for a significant rally and others warning of a possible downturn if poor CPI data emerges.

Portfolio Pulse from Khyathi Dalal

August 13, 2024 | 8:19 pm

Dogecoin and Floki saw significant gains following an interview between Elon Musk and Donald Trump on Musk's social network X. Dogecoin rose by 2.43% with a 33% increase in trading volume, while Floki increased by 2.58% with a 20% rise in volume. The broader cryptocurrency market also saw gains, with the global market cap rising by 1.71%.

Portfolio Pulse from Aniket Verma

August 13, 2024 | 5:31 am

Cryptocurrency markets are trading relatively flat as markets await an interview between Elon Musk and Donald Trump. Notable developments include a $650M crypto fraud scheme uncovered by the SEC, and Bitcoin miner Marathon Digital raising $250 million to buy more Bitcoin. Bitcoin's price remains the same as at the end of February, with traders predicting potential price movements based on support levels and geopolitical tensions.

Portfolio Pulse from Khyathi Dalal

August 12, 2024 | 8:14 pm

Dogecoin (DOGE) and Shiba Inu (SHIB) are experiencing mixed signals with potential bullish trends. Dogecoin is trading in a falling channel with a pending golden cross, while Shiba Inu saw a significant movement of 137.7 billion SHIB to Binance. Despite volatility, 73% of Dogecoin holders are in profit, and Shiba Inu's large transaction volume surged by 127.2%.

Portfolio Pulse from Khyathi Dalal

August 12, 2024 | 6:04 pm

Crypto whales are accumulating Pepe (PEPE) tokens during a market dip, while interest in Dogecoin (DOGE) and Shiba Inu (SHIB) fades. A whale named 'cookislandstrust.eth' spent 3.13 million Tether (USDT) to buy 420 billion PEPE, netting a profit of $170,000. The number of large PEPE transactions increased by 161% in the last 24 hours. Meanwhile, Dogecoin saw a decline in HODLers balance, and Shiba Inu's long-term holdings rose at a weaker pace.

Portfolio Pulse from Aniket Verma

August 12, 2024 | 3:54 am

Cryptocurrency markets are trading marginally higher with Bitcoin, Ethereum, and Dogecoin showing gains. Notable developments include a new Trump-themed coin, a CBOE application for Bitcoin ETF options, and Putin's approval of crypto mining in Russia. Analysts predict Bitcoin could reach $100,000 by the end of 2024.

Portfolio Pulse from Khyathi Dalal

August 09, 2024 | 8:17 pm

Floki has announced a partnership with Sunderland AFC for the 2024/25 season, aiming to boost the meme coin's real-world adoption. The partnership will showcase Floki's Valhalla game to a large audience, potentially driving a bull run for the coin. Despite recent price volatility, 71% of Floki holders are currently making a profit.

Portfolio Pulse from Khyathi Dalal

August 09, 2024 | 7:06 pm

Memecoins, including Pepe, Dogecoin, and Shiba Inu, saw significant gains as the broader market rebounded. Pepe led the rally with a 10.15% increase, while Dogecoin and Shiba Inu each rose over 5%. The overall memecoin market cap increased by 5.48% to $40.45 billion.

Portfolio Pulse from Aniket Verma

August 09, 2024 | 4:42 am

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