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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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Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), hinted at revealing their identity during the IVS Crypto 2024 conference in Japan. This announcement has generated excitement within the Shiba Inu community. Despite this, SHIB's price has dropped by 14.65%, trading at $0.00001355.

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:00 pm

Cryptocurrency markets are trading lower with Bitcoin, Ethereum, and Dogecoin all in the red. Bitcoin is struggling to maintain its $60,000 support level. Notable statistics include a drop in Bitcoin's large transaction volume and daily active addresses. Significant liquidations and open interest levels are also observed. CoinDCX has acquired BitOasis, marking its entry into the MENA market. Analysts predict potential further declines if Bitcoin breaks key support levels.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 2:59 pm

Shiba Inu (SHIB) has experienced a 3.02% price drop in the past 24 hours, continuing a week-long negative trend with a 6.0% loss. Trading volume has decreased by 11.0% over the past week, while the circulating supply remains unchanged at 589.26 trillion. SHIB's market cap is currently $9.75 billion, ranking it #14.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 3:03 pm

Shiba Inu (SHIB) reports an 8,596% increase in its burn rate, with over 17 million SHIB burned in the past 20 hours. Marketing lead Lucie hints at a significant upcoming development. Lead developer Shytoshi Kusama's visit to Japan aims to foster new partnerships. Kronos Advanced Technologies becomes the first public company to accept SHIB payments, offering a 10% discount for SHIB transactions.

Portfolio Pulse from Khyathi Dalal

July 03, 2024 | 12:23 pm

Shiba Inu's marketing lead, Lucie, has hinted at a potential increase in the burn rates of SHIB tokens through a collaboration with Shibacals, a project focused on authenticating physical collectibles using blockchain technology.

Portfolio Pulse from Aniket Verma

July 03, 2024 | 4:55 am

Cryptocurrency markets are trading lower despite positive indicators such as increased Bitcoin ETF flows, exchange netflows, and whale transactions. Bitcoin, Ethereum, and Dogecoin have all seen declines, while Solana has gained. Notable developments include Standard Chartered's prediction of Bitcoin reaching $100K by the US election and Robinhood's potential expansion into cryptocurrency futures markets.

Portfolio Pulse from Khyathi Dalal

July 02, 2024 | 9:26 pm

Brazilian football legend Ronaldinho has tweeted about the meme coin Brett (BRETT), sparking interest among traders who see significant upside potential. BRETT has risen 2.5% in the past 24 hours and 36% over the past 30 days. Traders believe BRETT could catch up to rivals Pepe (PEPE) and Shiba Inu (SHIB) in price action.

Portfolio Pulse from Khyathi Dalal

July 02, 2024 | 6:53 pm

Shiba Inu's lead developer, Shytoshi Kusama, hinted at aggressive promotion of Web3 and potential partnerships, stirring speculation in the crypto world. Kusama's cryptic messages have previously hinted at significant developments.

Portfolio Pulse from Aniket Verma

July 02, 2024 | 5:24 am

Bonk (CRYPTO: BONK), a Solana-based meme token, surged over 13% in the last 24 hours, outperforming major cryptocurrencies like Bitcoin and Ethereum. The trading volume for BONK increased by 132% to $329.16 million. Influencer Jakey's support and the coin's role in reviving Solana post-FTX collapse contributed to the bullish sentiment.

Portfolio Pulse from Aniket Verma

July 02, 2024 | 3:17 am

Cryptocurrency markets are trading higher with Bitcoin, Ethereum, and Dogecoin starting July in the green. Miner selling is reportedly subsiding. Notable developments include Robinhood's acquisition of Pluto Capital, DOJ's partnership with Coinbase, and Sony's entry into crypto. Bitcoin's key metrics show a decline, but open interest is at a weekly high. The SEC is suing Silvergate for securities fraud.

Portfolio Pulse from Khyathi Dalal

July 01, 2024 | 8:57 pm

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