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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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Shiba Inu's burn rate surged by 772% with 15.08 million SHIB tokens removed from circulation, yet the community remains unimpressed. The burn rate increase coincides with the launch of the K9 Finance platform on Shiba Inu's Shibarium network, which is expected to boost transaction volume and further accelerate token burns.

Portfolio Pulse from Aniket Verma

September 23, 2024 | 3:53 am

Pepe (PEPE) has outperformed Dogecoin (DOGE) and Shiba Inu (SHIB) in recent gains and trading volume, signaling a potential 'meme season' in the crypto market. Traders predict further growth for PEPE, possibly reaching a $10 billion market cap.

Portfolio Pulse from Khyathi Dalal

September 20, 2024 | 12:05 pm

Solana-based memecoins, including Dogwifhat and Bonk, saw significant gains, outperforming Ethereum-based Dogecoin and Shiba Inu, following the Federal Reserve's rate cut. Solana's native token SOL also rose by 3.60%.

Portfolio Pulse from Aniket Verma

September 20, 2024 | 4:50 am

Cat-themed meme coins Popcat and Mew have surged over 30%, outperforming dog-themed rivals Dogecoin and Shiba Inu. Traders are bullish on the cat-themed sector, seeing it as undervalued.

Portfolio Pulse from Khyathi Dalal

September 19, 2024 | 6:08 pm

Dogecoin and Shiba Inu have seen price increases of 4.5% and 8% respectively, following a 50-basis point interest rate cut. Traders predict bullish momentum for these cryptocurrencies, with significant price targets set for both. Dogecoin is nearing a golden cross, while Shiba Inu has seen a decrease in whale transactions.

Portfolio Pulse from Khyathi Dalal

September 19, 2024 | 12:32 pm

Cryptocurrency markets are stabilizing after the Federal Reserve's 50-basis-point interest rate cut, making risk assets more appealing. Bitcoin, Ethereum, and Dogecoin are among the cryptocurrencies reacting to this decision. Notably, U.S. Bitcoin ETFs are purchasing more Bitcoin than is being mined, indicating strong institutional interest.

Portfolio Pulse from Khyathi Dalal

September 18, 2024 | 9:12 pm

Cryptocurrency markets are stabilizing after the Federal Reserve's 50 basis points rate cut, which is seen as bullish for risk assets like Bitcoin. Bitcoin ETFs are buying more than 100% of newly mined BTC, and traders are optimistic about a potential bull market resumption if Bitcoin closes above $61,500.

Portfolio Pulse from Khyathi Dalal

September 18, 2024 | 7:27 pm

The Shiba Inu team announced the launch of the K9 Finance liquid staking platform on the Shibarium network, which is expected to increase the total value locked and transaction volume, potentially accelerating SHIB token burns and enhancing its value.

Portfolio Pulse from Benzinga Neuro

September 18, 2024 | 6:23 am

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are trading higher ahead of the FOMC meeting, with Bitcoin seeing significant transaction volume increases. Analysts predict potential market movements based on the Fed's interest rate decision.

Portfolio Pulse from Khyathi Dalal

September 17, 2024 | 8:54 pm

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