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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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Solana's meme coins, Bonk (BONK) and Dogwifhat (WIF), are gaining attention with significant price increases, challenging the dominance of Dogecoin (DOGE) and Shiba Inu (SHIB). BONK has seen a 478% rise, while WIF has increased 10x in the last 90 days. Despite their impressive gains, BONK and WIF's market caps are still below DOGE and SHIB. BONK's price could potentially hit $0.00010, while WIF's price trajectory suggests a possible decline to $1.65 but with a long-term bullish outlook.

Portfolio Pulse from Murtuza Merchant

March 04, 2024 | 7:48 pm

Shiba Inu (CRYPTO: SHIB) has seen a significant price increase of 28.53% in the last 24 hours, reaching $0.000027. Over the past week, SHIB has surged 174%, with its trading volume up by 2708%. The coin's circulating supply has also grown by 0.26%, reaching over 589.28 trillion, placing its market cap at $16.03 billion and ranking it #12.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:01 pm

Bitcoin surpassed the $65,000 mark, with Ethereum also seeing gains above $3,500. Pepe emerged as the top gainer over the last 24 hours, while Bitcoin SV was the biggest loser. The global crypto market cap increased by 3.9% to $2.43 trillion. Other notable gainers include Bonk, Fantom, Shiba Inu, and BitTorrent (New), with significant losers being Bitcoin Cash, SingularityNET, Sui, and Flare.

Portfolio Pulse from Avi Kapoor

March 04, 2024 | 2:46 pm

Bitcoin reached a new all-time high against the euro, while the memecoin market, including Dogecoin, Shiba Inu, and PepeCoin, saw significant gains. The memecoin market cap hit $53.1 billion, a 17% increase in 24 hours. Solana's BONK and other memecoins like Pepemon Pepeballs and Popcat also experienced substantial rises. Bitcoin's value against the euro surpassed €60,000, marking a historic moment and a 56% year-to-date increase.

Portfolio Pulse from Murtuza Merchant

March 04, 2024 | 11:56 am

Floki (CRYPTO: FLOKI) surged 326% in a week after its community voted to burn 2% of its total tokens, removing 190 billion tokens worth $27 million from circulation. This move aims to enhance network security and is part of broader excitement in meme-themed cryptocurrencies. Other meme tokens like Dogecoin, Shiba Inu, and Bonk also saw significant price increases. Floki's staking program and FlokiFi Locker protocol contribute to its burning mechanism. Analyst Inmortal predicts a bullish trend for Floki, comparing it to Pepe's recent performance.

Portfolio Pulse from Mehab Qureshi

March 04, 2024 | 10:59 am

Memecoins like Shiba Inu (SHIB), PEPE, Floki (FLOKI), and BONK have seen a 3000% surge in trading volumes over the past week, according to Santiment. PEPE, an Ethereum-based memecoin, soared over 370%, while Bonk and Floki also experienced significant price increases. This rally coincides with Bitcoin's rise to $65,000, boosting the total market cap of the top 100 meme coins by 30% to $52 billion.

Portfolio Pulse from Mehab Qureshi

March 04, 2024 | 10:16 am

Shytoshi Kusama, a lead developer for Shiba Inu (CRYPTO: SHIB), responded cryptically to a question about which meme coin to invest in, amidst a significant rise in meme coin popularity. SHIB has seen a 180% increase in the past week, outperforming Dogecoin (CRYPTO: DOGE). Another notable mention is Dogwifhat (CRYPTO: WIF), a Solana-based coin, which has surged 335.5% this week and is labeled a 'Shiba Inu Killer'.

Portfolio Pulse from Benzinga Neuro

March 04, 2024 | 7:01 am

'BONK Killer' MILLI, a new meme cryptocurrency, surged 400% in value on the SEI blockchain, outperforming Dogecoin, Shiba Inu, and BONK. MILLI's market cap reached approximately $1 million with significant transaction volume. The MILLI team addressed market volatility concerns, aiming to restore token distribution and liquidity. MILLI also outperformed other SEI-based meme coins.

Portfolio Pulse from Mehab Qureshi

March 04, 2024 | 6:34 am

Ethereum co-founder Vitalik Buterin highlighted the disproportionate investment in meme cryptocurrencies like Dogecoin and Shiba Inu compared to essential crypto infrastructure. Buterin emphasized that while some areas are over-invested, others crucial for the ecosystem's health are neglected. This comes as Dogecoin's market cap surpasses $20 billion, with a significant increase in its trading volume and price.

Portfolio Pulse from Mehab Qureshi

March 04, 2024 | 6:14 am

The article discusses the concept of a 'memecoin supercycle,' a period where memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) are expected to see significant gains. It highlights recent surges in memecoin values, such as Dogwifhat (WIF) and MAGA Memecoin (TRUMP), and the broader implications for the cryptocurrency market. The piece also touches on the reasons behind the memecoin supercycle, including a reaction against traditional financial systems and the accessibility of memecoins to investors of all wallet sizes. It concludes with a cautionary note on the risks involved in investing in memecoins.

Portfolio Pulse from Ivan Crnogatić

March 03, 2024 | 9:04 pm

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