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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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Pepe Coin, a meme-based cryptocurrency, has seen a 12% surge in value, outpacing gains made by other meme coins such as Dogecoin and Shiba Inu. This surge could be attributed to a short squeeze. The cryptocurrency market has seen an upward price momentum, with Bitcoin, Ethereum, and altcoins experiencing a notable rally. Valkyrie Investments has added to the market excitement by securing approval from the SEC for an Ethereum-based ETF.

Portfolio Pulse from Mehab Qureshi

September 29, 2023 | 6:19 am

The article discusses the potential returns of investing $10 monthly in Shiba Inu (CRYPTO: SHIB) since the beginning of 2021. The total investment would have amounted to $330, but the portfolio value would have soared to $566,580.70 today. The article also mentions key events that brought Shiba Inu into the spotlight, such as a tweet from Elon Musk and a substantial donation by Ethereum co-founder Vitalik Buterin.

Portfolio Pulse from Mehab Qureshi

September 28, 2023 | 12:15 pm

The altcoin market has been facing a decline since mid-July, leading to a drop in trader interest for popular memecoins such as Dogecoin (CRYPTO: DOGE), Dogelon Mars (CRYPTO: ELON), Pepe Coin (CRYPTO: PEPE), and Shiba Inu (CRYPTO: SHIB), according to on-chain analytics platform Santiment. DOGE is currently experiencing its lowest discussion rate since 2020, indicating a significant decrease in enthusiasm and engagement. Despite a temporary setback, PEPE managed to regain some traction and attention from traders.

Portfolio Pulse from Mehab Qureshi

September 28, 2023 | 9:32 am

Pepe Coin (PEPE) has outperformed other popular meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) in the past 24 hours and seven-day charts. PEPE experienced a 4% increase in value in the last 24 hours, while DOGE and SHIB saw marginal gains of 0.01% and 0.23% respectively. Over the past week, PEPE soared by 17%, while other top meme coins suffered losses. The exact reason behind PEPE's surge is unclear, but it could be due to a short squeeze, a temporary rebound, or other positive factors.

Portfolio Pulse from Mehab Qureshi

September 28, 2023 | 7:40 am

Shiba Inu (CRYPTO: SHIB) saw a 1000% increase in its burn rate as 164 million SHIB tokens were permanently removed from circulation. Two previously dormant cryptocurrency wallets received substantial withdrawals of SHIB tokens from Binance and MEXC, suggesting the emergence of new Shiba Inu whales. The Shiba Inu development team announced that the minting process for the remaining BONE supply is nearing completion, following which rewards associated with BONE on the ShibaSwap platform will shift to a new token named 'TREAT'.

Portfolio Pulse from Mehab Qureshi

September 28, 2023 | 3:26 am

Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) experienced a slight fall during Wednesday's trading session due to fears about inflation, high interest rates, and the state of the economy. Shiba Inu's volatility was lower due to less than average trading volume, indicating a lack of interest. The crypto is also reacting to a bearish break from a rising channel pattern. An inverted hammer candlestick pattern suggests a potential reversal to the upside.

Portfolio Pulse from Melanie Schaffer

September 27, 2023 | 7:13 pm

The Shiba Inu ecosystem token BONE gained over 10% in the past 24 hours, outperforming other popular cryptocurrencies like Dogecoin and Pepe Coin. This surge is attributed to the nearing completion of the minting of the remaining BONE supply. The Shiba Inu development team has confirmed this progress. The rewards associated with BONE on the ShibaSwap platform will end upon the completion of the BONE minting process and will shift to a new token named “TREAT.”

Portfolio Pulse from Mehab Qureshi

September 27, 2023 | 5:23 am

Shiba Inu (CRYPTO: SHIB) has launched Shiba Hub, a new application aimed at transforming the decentralized applications (Dapps) landscape. The app is expected to change the way users connect, share, and create, with a focus on individual control and privacy. Shiba Hub will enhance the Shibarium experience, a layer 2 scaling solution on the mainnet. The performance and capabilities of existing tokens – SHIB, BONE (CRYPTO: BONE), and LEASH (CRYPTO: LEASH) – in the Shiba Inu ecosystem are expected to be enhanced.

Portfolio Pulse from Khyathi Dalal

September 26, 2023 | 3:15 pm

Shiba Inu's sister token, BONE, has surged 6% in the past 24 hours, outperforming other cryptocurrencies like SHIB, Dogecoin, and Pepe Coin. This surge is linked to the challenges faced by Shibarium, the blockchain associated with Shiba Inu. The SHIB Army previously voted to halt all minting of BONE to ensure its scarcity. However, a TimeLock feature was implemented to prevent hostile takeovers of BONE. The current circulating supply of BONE is approximately 229,923,351 tokens, with a maximum supply of 250 million tokens.

Portfolio Pulse from Mehab Qureshi

September 26, 2023 | 4:47 am

The Calcium token, associated with Shiba Inu (CRYPTO: SHIB), has seen its value increase by 200% within the last 24 hours, despite warnings from the SHIB team about the token's risks. The SHIB developer, Kaal Dhariya, has advised against buying or trading the Calcium token due to lack of liquidity. However, traders have continued to invest in the token, with trading volumes reaching $10.29 million on Uniswap. Some traders have reported significant losses, while others express optimism about the token's potential.

Portfolio Pulse from Mehab Qureshi

September 25, 2023 | 7:31 am

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