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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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Dogecoin (CRYPTO: DOGE) has surged by 10% in the past 24 hours, surpassing Shiba Inu (CRYPTO: SHIB), as the overall crypto market enters a green zone amid optimism surrounding Bitcoin (CRYPTO: BTC) ETFs. The sudden spike in Bitcoin’s price on October 23 triggered a wider market surge, impacting various altcoins and meme coins. The rise in Bitcoin’s price coincides with a renewed interest in the imminent approvals of spot ETFs and a significant surge in trading volumes across spot markets.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 3:28 am

Pepe Coin (CRYPTO: PEPE) has surged by 32% in the past 24 hours, outperforming Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE), and Shiba Inu (CRYPTO: SHIB). The surge in PEPE's price coincides with a 172% increase in trading volume, reaching $303 million. The majority of PEPE's trading occurred on Binance. The surge in PEPE's price can be attributed to the rising price of Bitcoin and the wider market rally impacting various altcoins and meme coins.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 3:19 am

Dogelon Mars (CRYPTO: ELON) has surged 30% in the last 24 hours, outperforming meme coins Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). The surge was driven by a 200% increase in trading volume, largely on platforms like UniSwap and KuCoin. The overall surge in meme coins due to Bitcoin's climb to $30,000 also contributed to ELON's rise. The launch of an exclusive NFT collection for the ELONgevity community further fueled interest in Dogelon Mars.

Portfolio Pulse from Mehab Qureshi

October 23, 2023 | 2:55 am

Japanese crypto exchange BitTrade has announced that it will add Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) to its platform, effective Oct. 18, 2023. This move could potentially push token prices higher. Shiba Inu's burn rate has surged by more than 270% in the past 24 hours, with 48 million SHIB tokens permanently removed from circulation. Dogecoin, favored by billionaire Elon Musk, has a significant number of wallets with unrealized earnings.

Portfolio Pulse from Khyathi Dalal

October 16, 2023 | 7:27 pm

The burn rate of Shiba Inu (SHIB) has surged over 270% in the past 24 hours, with 48 million SHIB tokens burnt and removed from circulation. The number of SHIB addresses profiting from holding SHIB tokens has risen from 7% to 9%. In addition, tickets for the film “Taylor Swift: The Eras Tour” can now be purchased using SHIB, Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) due to a partnership between BitPay and AMC. SHIB's price has surpassed the crucial support level at $0.0000070.

Portfolio Pulse from Mehab Qureshi

October 16, 2023 | 6:17 am

Dogelon Mars (CRYPTO: ELON), a token project inspired by Dogecoin (CRYPTO: DOGE) and Elon Musk's Mars colonization ambitions, has surged over 7% in the past 24 hours, outperforming both Dogecoin and Shiba Inu (CRYPTO: SHIB). The momentum behind Dogelon Mars is partly due to the introduction of an NFT collection for the ELONgevity community, which was met with overwhelming demand.

Portfolio Pulse from Mehab Qureshi

October 16, 2023 | 4:33 am

Floki token (FLOKI) has seen a 7% increase in value over the past 24 hours, surpassing popular dog-related meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). The surge is attributed to a tweet from the official Floki social handle, hinting at a potential launch of the FlokiFi locker update on October 17, 2023. A recent poll conducted by the Floki community reflects a bullish sentiment towards the meme token.

Portfolio Pulse from Mehab Qureshi

October 13, 2023 | 6:11 am

The burn rate of Shiba Inu (CRYPTO: SHIB) has surged by 100% over the past 24 hours, permanently removing 44 million SHIB tokens from circulation. This coincides with a significant milestone achieved by SHIB’s newly launched layer-2 blockchain solution, Shibarium, which has reached one million blocks. The Shiba Inu development team is part of the Ethereum (CRYPTO: ETH) network.

Portfolio Pulse from Mehab Qureshi

October 10, 2023 | 8:53 am

Shiba (SHIBA), a cryptocurrency that calls itself the 'Dogecoin killer', has seen a 750% increase in value in the past 24 hours. The token is not listed on centralized exchanges but has been actively traded on decentralized ones. The SHIBA website declares itself as the 'rebirth of the DOGE killer' and anticipates a new leader in the crypto market. SHIBA has also introduced its own token called $BONES.

Portfolio Pulse from Mehab Qureshi

October 09, 2023 | 3:17 am

The S&P 500 gained 0.5%, the Dow dipped by 0.3%, and the Nasdaq rose by 1.6% over the past week. The 10-year Treasury yield surged to a 16-year high of 4.75%. Bullish sentiments were expressed for Tesla Inc (TSLA), Microsoft Corporation (MSFT), and Shiba Inu (SHIBUSD). Bearish sentiments were expressed for Apple Inc. (AAPL), The Walt Disney Company (DIS), and Rivian Automotive Inc (RIVN).

Portfolio Pulse from Michael Cohen

October 07, 2023 | 3:00 pm

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