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SHIBUSD

Shiba Inu / US Dollar

https://shibatoken.com/

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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Cryptocurrency markets, including Bitcoin and Ethereum, are experiencing declines amid geopolitical tensions. Notable developments include Franklin Templeton seeking SEC approval for a Bitcoin and Ethereum ETF, and Visa's partnership with BBVA for blockchain tokens. Analyst Ali Martinez highlights a key Bitcoin level for potential rebound.

Portfolio Pulse from Khyathi Dalal

October 03, 2024 | 7:08 pm

The ongoing Iran-Israel conflict has led to a drop in cryptocurrency market caps, with Bitcoin experiencing a 6% decline. However, historical patterns suggest a potential rebound. Santiment highlights the shift from FOMO to FUD among traders, and the CoinMarketCap Crypto Fear and Greed Index has entered the fear zone. Previous geopolitical conflicts have shown similar initial drops followed by recoveries in Bitcoin's price.

Portfolio Pulse from Khyathi Dalal

October 03, 2024 | 2:28 pm

Shiba Inu's burn rate has increased significantly, but technical indicators suggest potential price weakness. Despite a 29% surge in September, SHIB's technicals show a long-term downtrend, with decreased large transaction volume and daily active addresses.

Portfolio Pulse from Khyathi Dalal

October 03, 2024 | 12:38 pm

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are experiencing a downward trend amid geopolitical uncertainties. Notable statistics show a decrease in large transaction volumes and a rise in daily active addresses. The crypto Fear and Greed Index is in the fear zone, and significant liquidations have occurred. Analysts are watching key support levels for Bitcoin, with potential for a rebound.

Portfolio Pulse from Khyathi Dalal

October 02, 2024 | 7:46 pm

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are experiencing declines amid Middle East tensions. Despite this, traders see potential for a bullish trend, with increased large transactions and active addresses. Notable developments include Ripple's Dubai approval and Robinhood's crypto transfers in Europe.

Portfolio Pulse from Khyathi Dalal

October 01, 2024 | 7:23 pm

Solana-based meme coins Bonk and Dogwifhat outperformed the market amid a broader market retrace, with Bonk surging over 8% and Dogwifhat up 4.6%. In contrast, Dogecoin and Shiba Inu saw declines. The strong performance of Solana-based coins occurred despite geopolitical tensions affecting the market.

Portfolio Pulse from Aniket Verma

October 01, 2024 | 3:48 am

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, experienced a downturn as September ended. Despite record inflows into Bitcoin ETFs, prices fell, with Bitcoin down 3.6% and Dogecoin down 7.2%. Traders are divided on future price movements, with some predicting a bullish reversal and others anticipating further declines.

Portfolio Pulse from Khyathi Dalal

September 30, 2024 | 7:26 pm

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