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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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Dogwifhat (WIF) has made an 11% comeback, driven by bullish sentiment from prominent crypto traders and significant whale activity. The meme coin's performance contrasts with Dogecoin (DOGE) and Shiba Inu (SHIB), which saw a 2% drop over the past 24 hours.

Portfolio Pulse from Khyathi Dalal

May 22, 2024 | 7:05 pm

Former President Donald Trump is now accepting cryptocurrency for official campaign donations, a move that has garnered mixed reactions from experts in the crypto industry. While some see this as a strategic play to attract crypto enthusiasts, others remain skeptical about Trump’s genuine commitment to the sector. The campaign will accept various cryptocurrencies including Bitcoin, Ethereum, Solana, Tether, Ripple, Dogecoin, Cardano, Shiba Inu, and Avalanche.

Portfolio Pulse from Murtuza Merchant

May 22, 2024 | 4:34 pm

Crypto trader Altcoin Sherpa is optimistic about Pepe (PEPE), citing its strong volume and good liquidity as key factors for potential price upside. Although he does not believe PEPE will surpass Dogecoin (DOGE), he anticipates relative gains. Another trader, Plazma, noted that PEPE is doing significantly more volume than Shiba Inu (SHIB) and Dogecoin. PEPE's total volume across exchanges is $4.5 billion, and it has seen a 100% monthly gain.

Portfolio Pulse from Khyathi Dalal

May 22, 2024 | 2:20 pm

Shiba Inu (SHIB) has seen a significant increase in its burn rate, with over 8 million coins burned in the past 10 hours and a total of 410.7 trillion coins transferred to dead wallet addresses. Crypto trader Javon Marks predicts a potential 210% price increase for SHIB, targeting $0.000081, with a further 90% increase possible. SHIB has gained 1.6% in the past 24 hours and 8.2% over the past week. The SHIB community has grown by 100,000 members to 1.39 million since 2023, and large transaction volumes have surged by 73.7% to $145.5 million.

Portfolio Pulse from Khyathi Dalal

May 22, 2024 | 11:36 am

Pepe and Floki lead a memecoin rally with double-digit gains, surpassing Dogecoin and Shiba Inu in trading volumes. Pepe hit a fresh all-time high and became the 21st largest cryptocurrency by market cap. Both coins saw significant large transaction volumes and increased daily active addresses, although a market correction is anticipated.

Portfolio Pulse from Aniket Verma

May 22, 2024 | 2:33 am

Former President Donald Trump is now accepting cryptocurrency donations for his presidential campaign, making it the first major party campaign to do so. The campaign will accept various cryptocurrencies through Coinbase Commerce, including Bitcoin, Ethereum, and Dogecoin. This move aims to attract the crypto community, contrasting with the anti-crypto stance of President Joe Biden and other Democratic leaders.

Portfolio Pulse from Chris Katje

May 21, 2024 | 9:11 pm

Cryptocurrency markets remain buoyant with Ethereum futures peaking at an all-time high of $15.1 billion, driven by speculation of an imminent spot Ethereum ETF approval. Bitcoin retraces slightly, while Ethereum and Dogecoin continue their rallies.

Portfolio Pulse from Khyathi Dalal

May 21, 2024 | 8:15 pm

Shiba Inu (SHIB) has risen by 5.16% in the past 24 hours, continuing its positive trend with an 11% gain over the past week. Trading volume has increased by 40% while circulating supply has decreased by 0.83%. SHIB's market cap is currently ranked #13 at $15.10 billion.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 7:02 pm

Pepe (PEPE) has surged over 20%, hitting an all-time high amid rumors of spot Ethereum ETF approval. Prominent crypto traders and analysts are bullish on PEPE, comparing its current trajectory to Dogecoin's 2021 surge. Large transaction volumes and daily active addresses have significantly increased, indicating strong market interest.

Portfolio Pulse from Khyathi Dalal

May 21, 2024 | 2:21 pm

Memecoins like Pepe and Bonk outperformed major cryptocurrencies such as Bitcoin and Ethereum amid a market rally driven by expectations of an Ethereum spot ETF approval by the SEC. Pepe and Bonk saw significant price increases and trading volumes, surpassing larger market cap coins like Dogecoin and Shiba Inu.

Portfolio Pulse from Aniket Verma

May 21, 2024 | 3:05 am

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