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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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Pseudonymous trader Unipcs, also known as 'Bonk Guy,' predicts a strong week for meme coins, particularly highlighting Floki (FLOKI) for its strong performance against other cryptocurrencies. He also mentions Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Dogwifhat (WIF) as interesting investments. The meme coin market is experiencing significant activity, with a valuation of $66.9 billion.

Portfolio Pulse from Khyathi Dalal

June 03, 2024 | 12:43 pm

Bonk (BONK), a Solana-based memecoin, has corrected since its peak last week, but an analyst suggests this could be a confirmation signal for further upside. Despite the pullback, BONK has been one of the top market gainers recently, outperforming Dogecoin (DOGE) and Shiba Inu (SHIB).

Portfolio Pulse from Aniket Verma

June 03, 2024 | 6:23 am

Shiba Inu (SHIB) has seen a 207% surge in token burns, with 4,796,486 SHIB tokens burned in the last several hours. Despite a market downturn and low trading activity, the community hopes this will lead to a price recovery. SHIB's price has declined 2.18% to $0.00002473. Maintaining a price above the daily SMA 50 at $0.00002454 is critical for sustaining upward momentum.

Portfolio Pulse from Bibhu Pattnaik

June 02, 2024 | 7:41 pm

A well-known crypto trader, Altcoin Sherpa, has forecasted substantial growth for two meme coins, Pepe (PEPE) and Pepe Coin, despite short-term pullbacks. He also expressed long-term bullishness on Render (RNDR), advising a dollar-cost averaging strategy. The predictions highlight the volatility and speculative nature of meme coins and the growing interest in decentralized technologies.

Portfolio Pulse from Bibhu Pattnaik

June 01, 2024 | 5:53 pm

Benzinga reviewed the performance of popular stocks, highlighting Nvidia's dominance in the AI sector, a Shiba Inu investor's massive profit, GameStop's stock rally after a share offering, and criticisms of Alphabet's search engine quality. The article also covered Tesla's board's response to Glass Lewis's recommendation against Elon Musk's pay package.

Portfolio Pulse from Michael Cohen

June 01, 2024 | 1:32 pm

Cryptocurrency markets experienced sideways trading with Bitcoin, Ethereum, and Dogecoin showing minimal price changes. Liquidations decreased by 15% and trading volume was down by 5%. Analysts predict continued sideways movement for Bitcoin, while Ethereum could see significant gains by year-end. Coinbase's trading revenue is under pressure due to crypto market maturity.

Portfolio Pulse from Ivan Crnogatić

May 31, 2024 | 8:34 pm

Shiba Inu (SHIB) has experienced a 3.08% price drop in the past 24 hours, contrasting with its 6.0% gain over the past week. Trading volume increased by 15.0% over the week, and the circulating supply grew by 0.23%. SHIB's market cap is currently ranked #12 at $15.08 billion.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 3:00 pm

Shiba Inu (SHIB) saw a 246% increase in its burn rate, with 8.2 million tokens removed from circulation. This spike coincides with the listing of SHIB perpetual futures on Coinbase International Exchange and Coinbase Advanced.

Portfolio Pulse from Aniket Verma

May 31, 2024 | 3:14 am

Cryptocurrency markets traded mostly sideways on Thursday, with Bitcoin showing slight gains while Ethereum and Dogecoin disappointed. Notable developments include Elon Musk advising Donald Trump on crypto policy and IBIT overtaking GBTC as the biggest Bitcoin ETF. Technical analysts highlight key resistance and support levels for Bitcoin.

Portfolio Pulse from Ivan Crnogatić

May 30, 2024 | 10:01 pm

Cryptocurrency trader Altcoin Sherpa has touted Dogecoin (DOGE) as one of the safest bets for traders, predicting it could reach $0.40 due to retail interest, potential tweets from Elon Musk, and its liquidity. Despite recent muted performance, there is growing bullish sentiment around Dogecoin.

Portfolio Pulse from Ivan Crnogatić

May 30, 2024 | 4:19 pm

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