Streetbeat News

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.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are trading lower due to China's stimulus measures being less than expected. Despite this, there are significant developments such as Fidelity's large Bitcoin purchase and legal battles involving Crypto.com. Analysts predict potential upward movement for Bitcoin.

Portfolio Pulse from Khyathi Dalal

October 08, 2024 | 7:32 pm

Shiba Inu (SHIB) has experienced a 4.84% price drop in the last 24 hours, contrasting with a 5% gain over the past week. Trading volume decreased by 25% over the week, and the circulating supply slightly decreased by 0.32%. SHIB's market cap is ranked #14 at $10.24 billion.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:01 pm

First Neiro On Ethereum (NEIRO), a dog-themed meme coin, surged 19% despite a 4% decline in its sister coin Dogecoin (DOGE). NEIRO's trading volume increased by 90%, reaching $1.206 billion, and it became the second-most traded meme currency. A whale investor purchased 841 million NEIRO coins, while another entity sold 17.5 million NEIRO at a loss. The coin's rise is attributed to a new cinematic trailer and bullish forecasts.

Portfolio Pulse from Aniket Verma

October 08, 2024 | 4:04 am

Cryptocurrency markets are stable with Bitcoin holding above $60,000. Traders predict a potential test of $65,000-$66,000 for Bitcoin. Riot Platforms is exploring AI while focusing on Bitcoin mining.

Portfolio Pulse from Khyathi Dalal

October 07, 2024 | 7:44 pm

Shiba Inu (SHIB) has seen a 39% price increase over the past 30 days, driven by a 544.6% rise in burn rates and positive community developments. Traders are optimistic about further gains, with technical patterns suggesting potential upside.

Portfolio Pulse from Khyathi Dalal

October 07, 2024 | 1:15 pm

The UAE has exempted cryptocurrency transactions from VAT, earning praise from Shiba Inu's lead developer, Shytoshi Kusama, who called the UAE the 'cryptocurrency capital'. This move is part of the UAE's efforts to become a crypto-friendly destination, following regulatory approvals for Binance and Ripple Labs.

Portfolio Pulse from Aniket Verma

October 07, 2024 | 2:41 am

Shiba Inu (SHIB) has surged 10% to $0.0000175, outperforming Dogecoin, due to positive macro data. The meme coin has gained over 30% in the past 30 days. Renewed burn transactions and predictions of a 351% spike are fueling optimism. However, large transaction volumes have decreased.

Portfolio Pulse from Khyathi Dalal

October 04, 2024 | 6:37 pm

Popcat, a Solana-based meme coin, has surged 78% in a month, outperforming Dogecoin and Shiba Inu. Traders predict further gains for cat-themed cryptocurrencies, with Popcat's market cap surpassing $1 billion. The meme coin market is gaining traction, with cat-themed coins showing significant growth.

Portfolio Pulse from Khyathi Dalal

October 04, 2024 | 4:29 pm

Shiba Inu's (SHIB) price increased by 8.39% in the last 24 hours, despite a 19% loss over the past week. Trading volume decreased by 69% while circulating supply increased slightly. SHIB's market cap is ranked #14 at $10.16 billion.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 3:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.