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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 experienced a downward trend on Wednesday, with Bitcoin, Ethereum, and Solana seeing declines, while Shiba Inu outperformed with a 3.8% gain. Notable developments include PayPal launching a stablecoin on Solana and discussions around Ethereum ETFs. Historical data suggests Bitcoin prices rally post-election.

Portfolio Pulse from Ivan Crnogatić

May 29, 2024 | 8:36 pm

BRETT, a meme coin inspired by the 'Boys Club' comic series, aims to become the leading meme coin on the Base blockchain. Crash, a representative of the BRETT community, expressed high expectations for its market performance, drawing parallels to the success of Shiba Inu and WIF on their respective blockchains. The decentralized nature of BRETT and its strong community support are highlighted as key factors for its potential growth.

Portfolio Pulse from Murtuza Merchant

May 29, 2024 | 7:20 pm

Dogecoin (DOGE) is gaining attention from cryptocurrency traders who predict a potential price surge. Analysts and traders suggest that Dogecoin could double in price once it overcomes key resistance levels. Despite its slower movement compared to newer meme coins, Dogecoin is seen as a safer bet within the meme coin ecosystem.

Portfolio Pulse from Ivan Crnogatić

May 29, 2024 | 5:45 pm

Shiba Inu (SHIB) spiked 5% in early Wednesday trading, continuing a 30-day increase of 17%. This rise follows a trader cashing out over $1 million and predictions from crypto traders that SHIB will continue to perform well. SHIB's 24-hour trading volume exceeds Dogecoin's, indicating increased interest.

Portfolio Pulse from Ivan Crnogatić

May 29, 2024 | 2:42 pm

A crypto analyst, Bluntz, predicts new all-time highs for memecoins Pepe (PEPE) and Floki (FLOKI), and forecasts a significant rally for Ethereum (ETH) after a temporary dip in its Bitcoin pair (ETH/BTC).

Portfolio Pulse from Benzinga Neuro

May 29, 2024 | 2:26 pm

Memecoins like Shiba Inu and dogwifhat posted double-digit gains despite dips in major cryptocurrencies like Bitcoin and Ethereum. Shiba Inu's rise is partly due to an upcoming airdrop in the Shibarium ecosystem.

Portfolio Pulse from Aniket Verma

May 29, 2024 | 2:52 am

Cryptocurrency markets are experiencing a slight downturn, with Bitcoin, Ethereum, and Dogecoin all showing losses. Despite this, analysts predict a market bounce. Notable developments include Dogecoin's potential rise and Shiba Inu's strong performance. Futures open interest and liquidations indicate increased leverage and long positions.

Portfolio Pulse from Ivan Crnogatić

May 28, 2024 | 7:51 pm

Cryptocurrency analyst Ali Martinez highlighted that Dogecoin (DOGE) faces significant resistance between $0.166 and $0.171. Overcoming this barrier could potentially double its price to around $0.322. Despite recent underperformance, a 30% upside is suggested. Dogecoin's rivals, Floki (FLOKI) and Shiba Inu (SHIB), have shown stronger performance.

Portfolio Pulse from Ivan Crnogatić

May 28, 2024 | 5:24 pm

Cryptocurrency trader Cold Blooded Shiller highlights the unusual recent performance of Shiba Inu (SHIB), noting its strength compared to Dogecoin (DOGE) and suggesting a potentially bullish outlook for SHIB. Increased whale interest and strong technical indicators support this view.

Portfolio Pulse from Ivan Crnogatić

May 28, 2024 | 2:40 pm

A Shiba Inu (SHIB) trader turned a $2,625 investment into $1.1 million after 3.5 years of inactivity, highlighting the potential for high returns in digital assets. The sale coincides with predictions of a major rally in altcoins and increased whale interest in SHIB.

Portfolio Pulse from Aniket Verma

May 28, 2024 | 3:51 am

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