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

The Jeo Boden meme coin (CRYPTO: BODEN) has seen a significant surge, trading 48% higher in the past 24 hours and achieving a 560% increase over the past month, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). This surge is attributed to Joe Biden's recent political victories and policy announcements, as well as the broader election narrative. The coin's market capitalization reached $160 million with $1.9 million in liquidity. A second token is set to launch on Solana, with a presale and airdrop announced.

Portfolio Pulse from Khyathi Dalal

March 21, 2024 | 7:43 pm

Luke Martin shared his experience creating a meme coin on the Solana blockchain, emphasizing fairness and avoiding typical pitfalls like rug pulls. Despite his efforts, the coin experienced a rapid rise and decline, leading to mixed feelings about the process. The article also highlights the current meme coin hype, with established coins like Dogecoin and Shiba Inu remaining strong, while newcomers face volatility. The crypto community's fascination with meme coins continues amidst Bitcoin's price movements and the upcoming Halving event.

Portfolio Pulse from Khyathi Dalal

March 21, 2024 | 4:15 pm

Shiba Inu (SHIB) sees a 5% price increase amid a 15.8% rise in meme coin market cap. Significant acquisitions by whales, including a $8.62 million purchase, and a shift from long-term to short-term holders are noted. Despite concerns over long-term holder reduction, the Shiba community remains optimistic, with SHIB's marketing lead and Crypto.com recognizing its potential.

Portfolio Pulse from Khyathi Dalal

March 21, 2024 | 2:07 pm

Pepe (CRYPTO: PEPE) has seen a 19% surge in the past 24 hours, outperforming Shiba Inu (CRYPTO: SHIB) which gained 7%. The increase in Pepe's price is attributed to a rise in token holders, optimistic analyst sentiment, and its availability on Robinhood's new self-custody crypto wallet and a promotional giveaway by crypto.com. Technical analysis suggests Pepe could triple its current market cap, potentially reaching beyond $9 billion.

Portfolio Pulse from Khyathi Dalal

March 20, 2024 | 8:53 pm

Shibarium's meme coin DAMN, also known as 'Sol Killer', reported a 22% increase in trading, with liquidity at $1.2 million and a trading volume of 471,000. This comes as Shiba Inu (SHIB) sees a 5% drop. DAMN's launch on March 18 has significantly increased active accounts on Shibarium, with 44,000 holders now. The coin, created by Woofswap, can be purchased with BONE token or through Gate.io. The surge in DAMN's popularity and trading volume is expected to boost investor confidence in Shibarium and SHIB despite the latter's recent price drop.

Portfolio Pulse from Khyathi Dalal

March 19, 2024 | 11:15 pm

A trader lost $775,000 due to FOMO buying of the meme coin SLERF, purchasing at its peak and selling after a price drop. This incident highlights the risks of FOMO buying in volatile markets like cryptocurrencies. The meme coin market saw a 15.8% decrease in capitalization, with major coins like Dogecoin, Shiba Inu, and Pepe experiencing losses. The overall crypto market is facing a downward trend, with a focus on the upcoming Bitcoin price correction.

Portfolio Pulse from Khyathi Dalal

March 19, 2024 | 9:49 pm

Andrew Tate, a controversial figure, shared his success in the DeFi market, claiming to have made $85M during the last bull run with a focus on innovative blockchain coins over meme coins. He highlighted the rise and fall of meme coins like Dogecoin, Shiba Inu, and Solana-based tokens, noting the significant impact on Solana's value. Despite his financial success, Tate criticized the societal value of cryptocurrencies and distanced himself from launching his own. Amidst this, he faces legal issues, with Romanian authorities seizing assets including 21 Bitcoins.

Portfolio Pulse from Mehab Qureshi

March 19, 2024 | 8:15 am

Shiba Inu (CRYPTO: SHIB) has experienced a significant drop of 9.34% in the last 24 hours, marking a continued decline over the past week of -19.0%. The trading volume for SHIB has decreased by 22.0%, and its circulating supply has slightly reduced by 0.19%, leading to a current market cap ranking of #12 at $15.79 billion.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 7:00 pm

Shiba Inu (CRYPTO: SHIB) sees a 2,889.5% burn rate increase with significant token burns and whale accumulation of $14M in SHIB. Despite a recent 4% drop, SHIB experienced a surge, nearly hitting $0.00003. Large transaction volumes increased by 38%, and Shiba Inu's marketing hints at major plans for the TREAT token within its ecosystem.

Portfolio Pulse from Khyathi Dalal

March 18, 2024 | 6:43 pm

Shiba Inu (SHIB) interest has surged to a two-year high on Google, indicating increased investor awareness and valuation. Launched in 2020 as a Dogecoin (DOGE) rival, SHIB leverages the Ethereum (ETH) network and has introduced a decentralized exchange, ShibaSwap, with native tokens LEASH and BONE. The recent interest spike is accompanied by a significant SHIB token burn, aiming to reduce supply and potentially enhance valuation. SHIB's current price is $0.0000284, with an all-time high of $0.00008845 in October 2021.

Portfolio Pulse from Chris Katje

March 18, 2024 | 2:53 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.