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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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Shiba Inu (SHIB) has experienced a 5.82% price drop in the last 24 hours, contrasting with a 27% gain over the past week. Trading volume increased by 160% alongside a slight rise in circulating supply. SHIB's market cap is ranked #15 at $10.82 billion.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 3:01 pm

Benzinga highlights key stock stories, including Apple's projected revenue from iPhones, Shiba Inu's stablecoin update, Novo Nordisk's drug benefits, and Tesla's Robotaxi event skepticism. The Dow hit a record high amid inflation progress and a Fed rate cut.

Portfolio Pulse from Michael Cohen

September 28, 2024 | 12:42 pm

Cryptocurrency markets are ending the week strong, with Bitcoin surpassing $66,000. Bitcoin's large transaction volume and active addresses are up, and ETFs have seen significant inflows. Analysts are optimistic about further gains, with Ethereum potentially moving to the $2,900s.

Portfolio Pulse from Khyathi Dalal

September 27, 2024 | 7:16 pm

Bitcoin is predicted to reach $70,000 due to stablecoin minting, Chinese stimulus, and increased altcoin activity. 10x Research highlights factors like stablecoin inflows, altcoin gains, and Chinese economic plans as key drivers.

Portfolio Pulse from Khyathi Dalal

September 27, 2024 | 4:02 pm

Bitcoin surged past $66,000, driven by strong inflows into Bitcoin ETFs, with Ark Invest and BlackRock leading the charge. Ethereum saw minor outflows, but inflows into Fidelity and BlackRock's Ethereum ETFs provided some balance. The crypto market is buoyed by positive economic indicators.

Portfolio Pulse from Murtuza Merchant

September 27, 2024 | 3:42 pm

Meme coins, including Shiba Inu, Pepe, Bonk, Floki, and Brett, have surged in value following Bitcoin's rise above $65,000. This increase is attributed to the Federal Reserve's interest rate cut and strong ETF inflows. Traders predict continued bullish trends for meme coins, with Floki highlighted for its upcoming catalysts.

Portfolio Pulse from Khyathi Dalal

September 27, 2024 | 12:03 pm

Shiba Inu's SHIB token surged 29% following updates on the SHI stablecoin, with trading volume tripling to $1.2 billion. The rally was fueled by a meme from lead developer Shytoshi Kusama and details from marketing lead Lucie about the stablecoin's development.

Portfolio Pulse from Aniket Verma

September 27, 2024 | 1:47 am

Cryptocurrency markets are experiencing a surge, with Bitcoin reaching its highest level since early August. Notable developments include PayPal's increased involvement in crypto and Bitcoin's potential as a hedge against geopolitical events. Traders are optimistic about Bitcoin's future, with some predicting a $100,000 target by year-end.

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 7:38 pm

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