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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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Dogecoin and Shiba Inu, two leading meme coins, are experiencing significant price surges. Shiba Inu's burn rate has increased dramatically, and the introduction of the SHI stablecoin is expected to enhance its ecosystem. Meanwhile, Dogecoin has seen substantial whale activity, suggesting a potential bullish breakout.

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 11:54 am

Cryptocurrency markets are trading sideways with Bitcoin, Ethereum, and Dogecoin showing minimal price changes. BlackRock leads U.S. Spot Bitcoin ETF net inflows. Bitcoin's options expiry on Friday could lead to upside volatility. Notable developments include BNY Mellon's SEC exemption and Bitcoin whales selling significant amounts.

Portfolio Pulse from Khyathi Dalal

September 25, 2024 | 7:08 pm

The meme coin WYNN experienced a dramatic rise and fall, initially reaching an $85 million market cap due to social media buzz and indirect endorsement from Drake, but has since plummeted to $1.5 million. This highlights the volatility of meme coins and the impact of celebrity influence in the crypto market.

Portfolio Pulse from Murtuza Merchant

September 25, 2024 | 7:03 pm

Shiba Inu (SHIB) has seen a 4.9% price increase in the last 24 hours, continuing a positive trend with a 17% gain over the past week. Trading volume has surged by 170%, while circulating supply decreased slightly. SHIB's market cap is now $9.05 billion, ranking it #16.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:02 pm

Solana-based memecoins like Popcat and Dogwifhat have seen massive gains in 2024, outperforming Ethereum-based counterparts like Shiba Inu and Floki. Solana's native token, SOL, also rose 3.51% amid the memecoin frenzy.

Portfolio Pulse from Aniket Verma

September 25, 2024 | 5:09 am

Cryptocurrency markets are trading flat with Bitcoin and Dogecoin in the green, while Ethereum is down. Notable developments include increased large transaction volumes and Bitcoin ETFs seeing inflows. Analysts predict potential market movements for Bitcoin.

Portfolio Pulse from Khyathi Dalal

September 24, 2024 | 7:15 pm

Shiba Inu (SHIB) has seen an 8% price increase over the past week, driven by a significant surge in burn rates and whale transactions. The burn rate increased by 7,168%, with major transactions burning millions of SHIB coins. Marketing lead Lucie hinted at a new project, fueling speculation. Additionally, Robinhood's SHIB holdings have increased, and large transaction volumes have risen significantly.

Portfolio Pulse from Khyathi Dalal

September 24, 2024 | 5:33 pm

Cat-themed cryptocurrency MEW defied the broader memecoin stagnation, gaining over 10% in 24 hours and increasing weekly gains to 34%. This contrasts with Dogecoin and Shiba Inu's losses. MEW's popularity surged due to social media engagement and listings on Revolut and Upbit.

Portfolio Pulse from Aniket Verma

September 24, 2024 | 4:45 am

Cryptocurrency markets are holding steady with Bitcoin and Dogecoin flat, while Ethereum sees gains. Bitcoin's price is near a key resistance level, and traders are watching for potential breakouts. Ethereum outperforms Bitcoin following a U.S. Federal Reserve rate cut.

Portfolio Pulse from Khyathi Dalal

September 23, 2024 | 7:44 pm

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