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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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Bitcoin, Ethereum, and Dogecoin saw minimal price changes, with Bitcoin maintaining momentum and analysts predicting a potential rise to $160,000 as conservative. The global cryptocurrency market cap slightly increased, while major US stock indices experienced declines. Economic data showed mixed results, and investors are looking forward to the upcoming personal consumption expenditures report and Federal Reserve Chairman's statements.

Portfolio Pulse from Mehab Qureshi

March 27, 2024 | 3:36 am

Shiba Inu (CRYPTO: SHIB) has seen a significant increase in daily transactions, whale activities, and total value locked, indicating a resurgence in interest and activity. The token's transactions surged to 412,270, a 516% increase, and whale transaction volume rose by 220.6% to $141.7 million. Additionally, Shiba Inu's total value locked reached a new all-time high of $3.77 million. This positive momentum is supported by its listing on Bitcoin.com.au and its popularity in Europe. The meme coin sector is entering a super cycle phase, highlighting the importance of strategic cryptocurrency exchange choices.

Portfolio Pulse from Khyathi Dalal

March 26, 2024 | 7:32 pm

Shiba Inu (CRYPTO: SHIB) has seen a 5.87% increase in price over the last 24 hours, reaching $0.000029, continuing a positive trend with a 3.0% gain over the past week. Despite this, trading volume has decreased by 59.0%, with the circulating supply also slightly down by 0.11%, totaling 589.27 trillion. SHIB's market cap ranks it 13th at $17.31 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 4:05 pm

This week in cryptocurrency saw meme coins like Book Of Meme outperform Shiba Inu, major cryptocurrencies including Bitcoin experience significant price drops, and notable figures like Robert Kiyosaki advising investment in Bitcoin and gold over stocks and bonds due to China's economic instability. Binance's announcement to list Book Of Meme boosted its performance, while over $650 million in cryptocurrencies were liquidated following a sharp market sell-off. Predictions from 10x Research about a Bitcoin dip came true, and Peter Schiff criticized CNBC for biased reporting on Bitcoin's performance.

Portfolio Pulse from Benzinga Neuro

March 24, 2024 | 6:53 am

Benzinga's analysis highlights market optimism due to the Federal Reserve's interest rate stance and features bullish and bearish perspectives on stocks like Tesla, Nvidia, and companies like Taiwan Semiconductor and Intel. It also notes a surge in Shiba Inu interest and critiques on Bitcoin's promotion and future.

Portfolio Pulse from Michael Cohen

March 23, 2024 | 8:12 pm

Shiba Inu (CRYPTO: SHIB) has seen a 103.45% increase in token burns, with 34,681,610 SHIB tokens removed from circulation, indicating a community-driven effort to enhance its value. Despite market downturns, SHIB's price is recovering, with optimism for a new all-time high around the Bitcoin halving event.

Portfolio Pulse from Bibhu Pattnaik

March 23, 2024 | 6:10 pm

Book Of Meme (BOME) has seen a 6.4% price increase and a 13.4% rise in trading volume to $1.5 billion in the past 24 hours, surpassing Shiba Inu's (SHIB) volume. Binance will list BOME on its spot and futures market with a seed tag due to potential volatility and introduce a USDT-margined BOME Perpetual Contract with up to 50x leverage. BOME's derivatives data shows a 30% volume surge and $143.4 million in open interest, indicating bullish momentum. Technical analyst Kyledoops suggests BOME has established solid support, hinting at potential gains.

Portfolio Pulse from Khyathi Dalal

March 23, 2024 | 3:25 am

DeFi Insider Dami-Defi revealed a meme coin trader's portfolio that turned a $42,500 investment into $1.56 million in a year, highlighting significant gains from Mog Coin (MOG) and Pepe (PEPE), while currently investing in ZynCoin (ZYN). Established meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) lag in gains compared to newer entries.

Portfolio Pulse from Khyathi Dalal

March 22, 2024 | 8:15 pm

Milli (CRYPTO: MILLI) experienced an 80% surge in value following its listing on MEXC Global, outperforming other meme tokens like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). This listing marks Milli's debut on a centralized exchange, significantly boosting its market presence with a market capitalization of $6.12 million and a trading volume of $274.57K. Social metrics for Milli have shown positive trends, with increases in posts, content creators, sentiment, and social dominance. A community member hinted at a potential major announcement on March 22, which could further elevate Milli's status among meme coins.

Portfolio Pulse from Mehab Qureshi

March 22, 2024 | 12:25 pm

David Gokhshtein, a prominent Dogecoin advocate, has publicly expressed his support for Cardano (ADA), stating his long-term admiration for the cryptocurrency on social media. His endorsement comes amidst a broader market upturn following a dovish stance from the U.S. Federal Reserve, which saw major cryptocurrencies like Bitcoin and Ethereum rise in value. This market sentiment, coupled with recent rallies in altcoins like Floki Inu, suggests a potentially favorable landscape for ADA. Cardano has seen a 69.04% increase over the past year, while Bitcoin, Ethereum, and Dogecoin have also posted significant gains.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 2:08 am

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