Shiba Inu Trying To Extricate From Bearish Grip As SHIB Seen Rising This Week
Since the beginning of August, Shiba Inu has been actively engaged in corrective activities. The meme coin has been distancing from its origins and has been highly effective with doing so. An actual use case for SHIB was just introduced last month when it became possible to use the token to settle tax obligations in the cryptocurrency space. In January of this year, NOWpayments announced a partnership with Shiba Inu, opening the door for token payments to be used as crypto wages. This isn’t the only real world utility of SHIB per se. Shib Eternity was also released worldwide as part of....
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Following three consecutive days of declines, shiba inu rebounded on Saturday, as the meme coin appears to have found a support point. Cosmos was also higher, in what has mostly been a bearish start to the weekend. As of writing, the global crypto market cap is down 1.31%. Shiba Inu (SHIB) Shiba inu (SHIB) was back in the green on Saturday, as the token rallied following three straight days of declines. The world’s twelfth-largest cryptocurrency rose to an intraday peak of $0.00001397 to start the weekend. This came less than a day after prices of the meme coin were at a low of....
Over the past week, Shiba Inu (SHIB) surged by 8%. In fact, even though the bearish market prevails, Shiba Inu is still performing at its peak. SHIB’s social metrics up by 1.43% Despite Shiba Inu’s social dominance, ROI is down SHIB whales on a shopping frenzy Social media chatter provides that much needed oomph for Shiba Inu (SHIB), triggering a pump in prices. The amplified whale interest plus metaverse updates certainly gave SHIB that push. The increased hype around SHIB could be because of the Whalestats announcement via a tweet stating that SHIB was able to outperform other meme coins....
Monero (XMR), an open-source cryptocurrency first focusing on privacy and decentralization, managed to initiate a price pump despite the greater majority of crypto space struggling to get out of the red zone. Monero managed to bounce back twice from its support range of $134.5 XMR remains “in the green” for its intraday, weekly and monthly price readings A surge all the way to $171 is possible for Monero if it moves past its current resistance range The altcoin, for the past few days, has been on a consistent price increase, seeing all-green on its hourly, intraday, weekly and monthly....
SHIB, along with the greater majority of the crypto space, stared at price dips for the last 24 hours with the asset declining by 7.7%. Shiba Inu seen growing five times towards the end of October after Shiba Eternity release SHIB down 8.8% for the past seven days Shiba Inu headed for another bearish momentum The 13th largest cryptocurrency having a total market capitalization of $5.9 billion currently trades at $0.00001019 according to tracking from Coingecko. The dog-themed altcoin akin to Dogecoin has now lost 8.8% of its price for the past seven days and is on a position that is far....
Shiba Inu (SHIB), dubbed to be the second largest dog meme coin, is nearing a breach as claimed by analysts. Shiba Inu provided roughly 50% to holders last week; outstripping major cryptocurrencies like Bitcoin and others BitWallet recently listed SHIB strengthening meme coin adoption SHIB price could be nearing a breach as hinted by the reduction of trade volume and thinned-out inflows SHIB’s bearish movement is ushered mainly with the drop in trading volume as well as inflows. But, analysts continue to be optimistic on SHIB. Many analysts have forecasted SHIB....