Shiba Inu (SHIB) Shines Green In Pool Of Crimson – Who’s Buying?
On Friday, the price of Shiba Inu (SHIB) increased, despite the fact that the rest of the cryptocurrency market is suffering significant losses because of a prolonged unfavorable trend. Apparently, the dog-themed coin’s price has risen 3.74 percent in the last 24 hours and is presently trading at $0.0000001026, leading the market in daily advances among the top 100 cryptocurrencies by market capitalization, according to statistics from CoinMarketCap. Bears have successfully knocked the price of Bitcoin (BTC) below the $20,000 threshold, diminishing market recovery hopes. Suggested....
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Former hedge fund manager Michael Burry made another bearish prediction for Bitcoin and traditional equities. Renowned for his short position which preceded the U.S. housing market crash, and one of the periods in recent economic history for the world, Burry believes more pain for BTC’s price is ahead. Related Reading | Shiba Inu (SHIB) Shines Green In Pool Of Crimson – Who’s Buying? Currently, Bitcoin is trading at $19,400 with an 8% loss in the past 7 days. The cryptocurrency was moving sideways around its 2017 all-time high levels, $20,000, but the market took yet another turn to....
Ethereum (ETH) traded in tandem with risky assets on the final session of the first half of the year, due to persisting fears of greater inflation and rising interest rates. Some analysts say this might set the stage to more decreases heading into the third quarter. Following a four-day losing skid, ETH’s price fell roughly 6 percent to $1,044 on Thursday. The ETH/USD pair has also broken below its interim rising trendline support, creating an “ascending triangle” pattern in conjunction with a horizontal trendline resistance to the upside. The Ethereum (ETH) price graph....
Shiba Inu remains one of the most popular meme coins in the market. This shines through in the number of holders in the digital asset as the number recently crossed 1 million SHIB holders. The digital asset had rallied to new highs a month ago which was the main catalyst for the increased popularity. A […]
SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12.
Shiba Inu (SHIB)
SHIB was once again in the green on Tuesday, as it continued to move away from this weekend’s lows.
Over the weekend, SHIB/USD fell to an intraday low of $0.00000707, which was its lowest point since October 2021.
Since then, prices have picked up momentum, and today saw prices hit an intraday peak of....
Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were burned During the same time frame, Shiba Inu failed to increase its trading price Analysts think the asset might “die” by the end of 2023 But despite the destruction of around 410 trillion of its supply since its introduction to the crypto space, SHIB failed to make any kind of rally as it continues to paint its charts in crimson. Over the last 24 hours, there were over 45 million Shiba Inu....