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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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TokenFi (CRYPTO: TOKEN) surged by 10%, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which saw smaller gains. A core contributor to Floki, B Da Viking, announced TokenFi's plan to integrate traditional assets into the blockchain, with its RWA Tokenization Module set to go live in 2024. TOKEN will be the primary utility token for this module. Additionally, the FlokiFi Locker within the Floki ecosystem reached a TVL of $107 million, marking an all-time high.

Portfolio Pulse from Mehab Qureshi

December 01, 2023 | 10:04 am

Shiba Inu's (CRYPTO: SHIB) burn rate increased by 500% with over 83 million SHIB tokens burned, coinciding with increased activity on its Layer-2 platform Shibarium, which has logged over 4.25 million transactions. Despite a delay in its launch, Shibarium's daily transactions recently doubled to nearly 35,000. SHIB's price is currently at $0.0000082, down 1% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 30, 2023 | 4:10 am

Floki's new token, TokenFi (TOKEN), has risen by 10% in the past 24 hours, surpassing the performance of meme-based cryptocurrencies Dogecoin (DOGE) and Shiba Inu (SHIB). Floki, which is often categorized as a meme coin, is establishing itself as a DeFi entity with its FlokiFi Locker protocol reaching a TVL of $107 million. The protocol's success contributes to the utility and deflationary nature of the FLOKI token by buying and burning FLOKI tokens with each transaction. Analyst Kaleo highlighted a potential bullish scenario for FLOKI if it breaks a key resistance level.

Portfolio Pulse from Mehab Qureshi

November 29, 2023 | 7:29 am

Shiba Inu's (CRYPTO: SHIB) token burn rate has surged by 5,000% in the last 24 hours, with 2.7 million SHIB tokens burned. Despite this, SHIB's market value dipped by 2%. The Shibarium layer-2 blockchain solution continues to show progress, with over 4 million transactions and 1.2 million wallet addresses. The network's daily transactions are at 16.09K, and earlier in the week, a 47,872% increase in token burns was recorded. Over 40% of SHIB's supply has been burned to date. SHIB is currently trading at $0.0000082, down 1.58%.

Portfolio Pulse from Mehab Qureshi

November 27, 2023 | 4:36 am

The HECO Chain bridge experienced a security breach resulting in the theft of over $86.6 million in cryptocurrencies, including Ether and Shiba Inu. Tron's founder Justin Sun has committed to covering all user losses and has temporarily suspended deposits and withdrawals for investigation. The breach is the second major exploit of a Sun-affiliated project, following a $100 million exploit at Poloniex exchange in November.

Portfolio Pulse from Murtuza Merchant

November 22, 2023 | 5:52 pm

BONK, a meme coin in the Solana ecosystem, has surged by 1700% in the past month, outperforming other meme coins like Dogecoin and Shiba Inu. Despite a 29% drop from its all-time high, BONK's rise is notable in the wake of FTX's collapse, which affected the Solana network. BONK's airdrop during Christmas 2022 and its tokenomics have contributed to its demand and performance.

Portfolio Pulse from Mehab Qureshi

November 21, 2023 | 5:07 am

Crypto analyst Kaleo predicts a surge in Shiba Inu (SHIB) of over 75% in less than a month, as the meme coin has broken above a horizontal resistance. SHIB is currently trading at $0.00000861 and could potentially reach $0.000015. Kaleo also finds Floki (FLOKI) interesting, noting a bullish scenario if it clears a diagonal resistance around $0.00004, with FLOKI currently trading at $0.000032.

Portfolio Pulse from Mehab Qureshi

November 20, 2023 | 2:24 pm

Pepe coin (PEPE) has experienced a significant surge in 2023, with a 2000% increase in its price, outshining other popular meme cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB). PEPE's market capitalization has reached around $501 million, with the coin trading at $0.000001205. The number of PEPE holders is 147,959. Despite its name, Pepe coin is not officially connected to the Pepe the Frog meme. The total supply of Pepe coins is 420 trillion, with over 93.1% allocated to liquidity pools or destroyed. PEPE trades on Uniswap through four liquidity pools. Meanwhile, DOGE has seen a 2% increase in the last 24 hours, trading at $0.079.

Portfolio Pulse from Mehab Qureshi

November 20, 2023 | 7:38 am

Dog-themed cryptocurrencies, known as dog coins, are outperforming the broader crypto market, with Solana-native dog coin Bonk (BONK) leading the surge with a 1,441% rally. Solana (SOL) has also outperformed recently, which may be contributing to BONK's rise. Dogecoin (DOGE) has seen significant whale movement and plans to send physical tokens to the moon. Floki (FLOKI) has entered a marketing partnership with Indian cricket teams, and Shiba Inu (SHIB) has partnered with Manny Pacquiao for fundraising. Dogecoin millionaire Glauber Contessoto plans to invest in additional altcoins, including Avalanche (AVAX).

Portfolio Pulse from Khyathi Dalal

November 17, 2023 | 7:36 pm

Shiba Inu (CRYPTO: SHIB) experienced a 1400% increase in its burn rate as 105 million SHIB tokens were sent to a dead wallet. The Manny Pacquiao Foundation announced it will adopt Shiba Inu's Shibarium for fundraising. Crypto analyst Captain Fabik predicts a potential 2x rally for SHIB by December if a current retest is successful. SHIB is trading at $0.0000087, down 1.21% over the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 17, 2023 | 6:16 am

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