#shiba-inu

Shiba Inu (SHIB): A Comprehensive Market Update

Dear Binance Community,

In the ever-evolving landscape of cryptocurrencies, Shiba Inu (SHIB) stands out as a symbol of community-driven success and innovation. This update aims to provide you with an in-depth look at SHIB's current market status, technological advancements, and what the future holds.

Market Overview and Price Analysis

Shiba Inu has shown resilience in a volatile market, with its price movements attracting attention from investors and traders alike. Currently, SHIB trades within a narrow range, demonstrating stability amidst market fluctuations. Analyzing the price trends over the past month reveals patterns that could inform potential future movements.

Technological Developments

The SHIB ecosystem is not just about trading;

it's also about innovation. Recent developments include:

ShibaSwap: Enhancing liquidity and providing a decentralized trading experience for its users.

Shibarium: A Layer-2 solution in progress, aimed at reducing transaction costs and scaling the network.

NFT Initiatives: Expanding into the non-fungible token market, SHIB has introduced unique digital assets, fostering creativity and engagement within its community.

#shiba-inu dose #tuch 1 dollar or not.. Why Does Shiba Inu Have Token Burning?

Shiba Inu (CRYPTO: SHIB), created in August 2020 by Ryoshi (a pseudonym) and others, gained significant attention in May of the following year when its founder(s) sent half of the supply to Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin. Vitalik decided to burn 90% of his SHIB holdings, which accounted for more than 40% of the total supply (approximately 410 trillion coins).

The act of burning SHIB tokens by Vitalik caused a surge in Shiba Inu prices, nearly a 40% increase. The Shiba Inu community decided to continue burning tokens in an effort to increase the value of the remaining tokens and reward loyal holders. However, the sheer size of the total supply posed a challenge, as too many tokens were chasing too few dollars.

Reasons For Token Burning

There are several reasons why cryptocurrency projects engage in token burning despite the seemingly counterintuitive act of destroying their own tokens. These reasons include:

Scarcity: Burning tokens increases the rarity of the remaining tokens, creating a sense of scarcity that can potentially drive up their value.

Inflation Control: Token burns help maintain a stable and predictable inflation rate by reducing the overall supply of tokens in circulation.

Demand and Value: Burning tokens can drive up demand for the remaining tokens, potentially increasing their value and attracting more investors and speculators.

Are you ready ?

$SHIB
$PEPE
#HotTrends #shiba-inu #PepeIsComingBig

#Why Did Shiba Inu Explode 130% Weekly, How Far Up Can SHIB Go? Perplexity Answers

SHIB could double its price in the next few weeks, said the ChatGPT rival.

The second-largest meme coin by market cap – Shiba Inu (SHIB), has been among the top performers in the crypto market in the past week or so.

Although the entire meme coin sector has charted impressive gains, SHIB’s price could be poised for further gains given several factors that were recently listed by ChatGPT’s rival – Perplexity.

Bitcoin had a few big weeks in February as it managed to close it with the most substantial monthly gain in its history. However, the asset has stalled since then, while meme coins have been on the rise.

Shiba Inu gained a lot of traction in recent weeks, having soared by more than 130% on a 7-day scale. Yesterday alone, SHIB skyrocketed by 65% at one point.

You can check some of the possible factors behind this increase here – such as the burn rate – and also some mindblowing future price predictions made by industry experts – here.

The popular AI chatbot – Perplexity – also weighed in on the matter. When asked why SHIB’s price was up so much lately, it answered that a large portion can be attributed to the overall growth of the entire crypto market but also the hype around meme coins on social media.

ChatGPT’s rival believes the launch of Shibarium last year has also finally caught on with investors, especially given the upcoming updates to the layer 2 solution network.

“Additionally, the bullish sentiment around SHIB has been supported by various metrics, such as the Network Value to Transactions (NVT) ratio, MVRV ratio, and network growth.”

Nevertheless, Perplexity warned that there might be some upcoming corrections due to the Relative Strength Index (RSI), which suggests that the price is overbought at the moment.

With SHIB currently trading above $0.00002, the chatbot gave some promising predictions for its future valuation.

#shiba-inu

follow me for more

#shiba-inu come to top this moon hold it. it will hit 50%+++

Shiba Inu's Shibarium now holds a whopping $3.38 million, making it a hotspot in the crypto world. This surge in value shows how much people trust and invest in Shiba Inu's decentralized system.

The introduction of new features like DAMN and KNINE tokens has sparked excitement among investors. These additions bring more variety and attractiveness to the Shiba Inu ecosystem, pulling in even more interest.

Shiba Inu's success isn't just luck. It's a result of both the viral appeal of meme coins and the solid foundation of decentralized finance (DeFi) protocols coming together.

Keep an eye on Shiba Inu as it continues to soar. Its journey in the crypto world is full of excitement and promise.

#HotTrends  #BNBChain  #SHIBA🔥  #shiba-inu  #TrendingTopic."  : $SH
IB
$SOL $BTCV

A big #Shiba Inu investor bought $8.6💵 million worth of #SHIB" during a price drop. This new investor's identity is unknown, but they acquired 332 billion SHIB tokens,
which is worth a lot of money. The purchase happened over the last five hours, with two big transactions. The first came from another unknown address, and the second was from a European exchange called Bitvavo. This news is making waves in the crypto community.
#HotTrends #shiba-inu #BTC #shiba-inu

Shiba Inu Team Says SHIB May Reach $0.00008845 Before Bitcoin Halving
An official of the Shiba Inu ecosystem team has expressed that SHIB could engineer a miraculous comeback in the next few days to crack its all-time high before the Bitcoin halving.
This view came from Lucie, Shiba Inu’s marketing specialist. Lucie conveyed her optimism about Shiba Inu’s performance in a recent post on X. She disclosed that she had bought Shiba Inu’s dip amid the asset tanking by over 23% to $0.000023 within the last seven days
“Bought the DIP, my lovely SHIB,” Lucie remarked.
The screenshot accompanying the post suggested the Shiba inu marketer reaccumulated SHIB tokens at around $0.000024 with $989.08. Lucie expressed great satisfaction buying Shiba Inu’s dip, noting she expects a “miracle recovery” soon.
Moreover, Lucie stated she expects Shiba Inu to crack its 2021 all-time high in the coming weeks. Her expectation is before or immediately after the Bitcoin network undergoes the much-expected halving.
Shiba Inu Cracking ATH Before Bitcoin Halving:-
According to CoinMarketCap data, Shiba Inu’s value peaked on October 28, 2021, at $0.00008845. However, at its current price of $0.00002549, SHIB is 71.47% down from its ATH.
Notably, the crypto community expects Bitcoin to halve by April 20, precisely a month from now. Accordingly, Shiba Inu must rally by 247% within the next 30 days to attain the ATH of $0.00008845, as the Shiba Inu team member anticipates.
Interestingly, within the available timeframe, the required growth percentage is not far from what is obtainable for Shiba Inu. For instance, SHIB soared by over 350% from around $0.0000094 to a new year-to-date peak of $0.00004534 within eight days.
The performance attracted widespread admiration, as SHIB outperformed eight leading digital assets to re-enter the top ten. Despite the recent market-wide downturn, Shiba Inu retains most of its gains from the explosive rallies.
#HotTrends #shiba-inu #SLERF #ETHFI⁩ #BOME
$SHIB

🚨🚨Have you ever wondered?🚨🚨

🚀 How many $SHIB  coins it takes to become a millionaire? 🔥

👿 Imagine owning 20 million SHIB coins and reaching millionaire status! If each SHIB coin were to hit $0.05, it would be a dream come true! Currently, those coins are valued at approximately $535. However, if SHIB reaches $0.05 each, your investment could surge by nearly 190,000 times!

🚀 But reaching $0.05 won't be effortless. Some speculate it may not happen until 2050, which entails a lengthy 26-year wait. Others are more optimistic, suggesting it could occur between 2035 and 2040, a span of 11 to 16 years from now. Yet, there's optimism for an earlier ascent. The SHIB team regularly burns a substantial number of tokens each year, akin to eliminating currency. If they maintain this practice, we might witness SHIB reaching $0.05 sooner than anticipated!

😊 Despite the market's fluctuations, the crypto community remains united. Amidst this bullish market, we've forged a close-knit community to freely exchange tips and strategies. We stand prepared, whether the market is sluggish or undergoing significant changes.

📈 The journey towards SHIB's $0.05 objective exemplifies the exhilarating and unpredictable nature of the crypto realm. Despite encountering obstacles along the way, we remain hopeful and enthusiastic for what lies ahead!

🚧 Follow us for further updates.
#HotTrends #SHIBAInsights  #shiba-inu  #CryptoEducation💡🚀  #TrendingTopic

Shiba Inu's (SHIB) token burning rate has surged by approximately 500% in the last 24 hours, resulting in over 30 million tokens being destroyed.

This significant increase in the burn rate aims to reduce the vast supply of SHIB and make the asset scarcer and more valuable over time. The program includes both manual and automatic burns, with a "transformative token mechanism" introduced earlier this year to automate the entire system.

The spike in the burn rate may be one reason for the 7% increase in SHIB's price on a daily scale. Other contributing factors could include the revival of the cryptocurrency market and the further development of the layer-2 scaling solution Shibarium.
Daily transactions on the network have jumped by 800% today, with wallet addresses nearing 1.4 million and total blocks surpassing the 3.7 million mark. Shibarium, launched in August last year, aims to provide a scalable, efficient, and low-cost transaction environment for SHIB transactions and decentralized applications within the Shiba Inu ecosystem.
#HotTrends #shiba-inu

Shiba In Whales Sends 1.4 Trillion SHIB Tokens to Major Exchange

A monumental movement of Shiba Inu (SHIB) tokens to the kucoin.com/#/?r=cx4bye" >KuCoin exchange has jolted the crypto world awake. Whale Alert, the ever-watchful eye on blockchain transactions, flagged an astounding transfer of over 1.4 trillion SHIB, translating to a market value of approximately $43.5 million. Originating from an enigmatic source, this transfer is not just a numerical feat but a narrative-rich event that potentially foreshadows a significant shift in the Shiba Inu market landscape.

The market movements by crypto whales are akin to the deep-sea titans they are named after — capable of creating waves that can either uplift or capsize market trends. The transfer of 1.4 trillion SHIB tokens to KuCoin, therefore, raises a critical question: Is this the prelude to a sell-off, or merely a strategic positioning within the whale's broader market playbook?

What remains clear is the indelible mark of whale movements on the crypto ecosystem. As crypto continues to evolve from a niche digital curiosity to a mainstream financial instrument, understanding the motives and consequences of these titanic transactions will be paramount for investors, analysts and enthusiasts aiming to navigate the treacherous yet exhilarating waters of the crypto market.

Shiba Inu market scenario:-
Following the transfer, SHIB's price experienced a slight contraction of 3.35% in the last 24 hours, a move that, while seemingly minor, plays into a larger narrative of market sensitivity to whale activities. Despite this, SHIB's price trajectory over the past month — boasting a 126.42% increase — narrates a tale of resilience and bullish sentiment within the Shiba Inu community.

This juxtaposition of short-term decline against a backdrop of monthly gains encapsulates the volatile dance of numbers and sentiments that characterize the crypto market. It prompts a deeper reflection on the intrinsic value and speculative dynamics that drive the pricing of meme coins like SHIB.
#Memecoins #shiba-inu #SHIB

Altcoins To Buy To Achieve $1 Million Portfolio In 2024

Shiba Inu (SHIB)

Shiba Inu (SHIB) originated as a meme token, often regarded as a Dogecoin competitor.

It has grown into a decentralized ecosystem with its decentralized exchange, ShibaSwap, and has plans to expand into NFTs and game development.

Amid the recent market consolidation, the SHIB price recovery witnessed a notable downturn from the $0.0000328 resistance in late March. The bearish reversal plunged the coin value by 21.5% in the last six days.
By the press time, Shiba Inu’s market cap stands at $15.29 Billion, while the trading volume is around $15.92 since yesterday.

According to the recent data by Shibburn, the memecoin has seen a dramatic increase in its burn rate, soaring to 2307.19% over the last 24 hours.

During this period, a massive total of 110,384,799 SHIB tokens were removed from circulation.

However, if the supply pressure from broader markets persists, the Shiba Inu price will retest the 61.8% FIB level at $0.00002368.
#HotTrands #shiba-inu
#Write2Earrn

How many #shiba Inu #shiba-inu coins do you need to have $1 million if each coin costs $0.05?
You'll need 20 million SHIB tokens. Right now, 20 million SHIB is worth about $535. If SHIB reaches $0.05, your portfolio's value will increase by about 186816%.
But reaching $0.05 won't be easy. One source says SHIB won't hit $0.05 before 2050, over 26 years from now. Another source is more optimistic, predicting it could happen between 2035 and 2040, about 11 to 16 years from now.
However, there's a chance SHIB could reach $0.05 sooner. Its high supply is a big challenge, but the SHIB team is reportedly working on burning trillions of tokens every year. If they succeed in reducing the supply, we might hit $0.05 sooner than expected.
Keep an eye out for updates for a big reward! 🔴🌹
#shiba-inu #HotTrends #followmeformore

Here’s How Much SHIBA INU you need to have to become a millionaire if SHIBA INU hits $0.0001, $0.001, $0.01 and $0.1

With the Shibarium team preparing to relaunch the network for public use, we’ve highlighted how much you need to invest to make $1M with Shiba Inu if the asset hits $0.0001, $0.001, $0.01, or $0.1.

As the bull market approaches, crypto investors are considering possible ways to become a multi-millionaire with Shiba Inu. Shiba Inu embarked on a remarkable rally in 2021, turning many average-income earners into multi-millionaires.

According to a CoinGecko report, the leading canine-themed cryptocurrency turned a $12 investment into $1 million in 2021. Although Shiba Inu is not guaranteed to repeat its 2021 rally, investors can still become multi-millionaires if the token surges to particular price levels.

However, this would depend entirely on your SHIB holdings. The more SHIB tokens you own, the better your chance of becoming a double-digit millionaire if the price surges.

Interestingly, analysts have provided different price forecasts for SHIB following the launch of Shibarium. These market analysts speculate that SHIB could soar to $0.0001, $0.001, $0.01, or $0.1, respectively.

How to Make $1M With SHIB At $0.0001

For SHIB to hit $0.0001, the crypto asset must rally 800% from its current price. If SHIB surpasses its previous ATH of $0.00008616 and rallies to $0.0001, investors must hold 10 billion SHIB to make $1 million.
💰💰💰💰💰
How to make $1M with shib at $0.001

If shib inu hits $0.001, you need to have 1,000, 000,000 shib to make $1M

How to make $1M with shib at $0.01

If SHIBA INU hits $0.01 ,you need to have 100,000,000 Shib to make $1 M

How to make $M with shib at $0.1

If SHIBA INU hits $0.1 ,you need to have

10,000,000 to make $1M

Remember Alot of hard work goes into providing you with the best investment advice and market insights, your support means a lot to me, if you have found my content helpful and would like to show your appreciation you can now tip me
#TrendingTopic." #shiba-inu

📌𝗖𝗟𝗔𝗜𝗠 𝗙𝗥𝗘𝗘 𝗨𝗣𝗧𝗢 𝟭𝟬$ 𝗨𝗦𝗗𝗧/𝗣𝗘𝗣𝗘 𝗖𝗢𝗜𝗡 𝗥𝗘𝗪𝗔𝗥𝗗 𝗙𝗥𝗢𝗠 𝗠𝗬 𝗧𝗪𝗢 𝗣𝗜𝗡𝗡𝗘𝗗 𝗣𝗢𝗦𝗧𝗦💰💰...

Shiba Inu price forecast:
Expect a Rise Shiba Inu prices are trading at $0.00002311 at the time of writing, which means they are about to start a potential rise, which is expected to push the meme to $0.00002835. SHIB could rise 23% with broader market positive indicators, provided it can turn $0.00002584 resistance into support.
This will also enable the memecoin to once again attempt to achieve the observed target of 43% of the symmetrical triangle pattern.
However, if it loses the support at $0.00002039, it could lead to a significant drop in the Shiba Inu price. In such a scenario, the meme could drop to $0.00001473, canceling the uptrend.
#shiba-inu  #bitcoin  $SHIB  $ETH $SOL

Meme coins are rising again

The Solana network-based meme punk led the meme coin rally with a staggering 46% increase after the Bitcoin halving, reaching a price of $0.000022. This represents a significant rebound for the cryptocurrency, which saw a significant decline earlier in April. While the meme currency now records a level of $0.00002110, with a slight increase of 0.6% in the last 24 hours, while it declined in the last 7 days by about 36%.

Among other notable cryptocurrencies, Ethereum-based Fluki also saw strong momentum during the holidays, rising nearly 26% to $0.00018 after the halving, while it is now at $0.00017282 with a slight increase of 0.32% in the last 24 hours. While the Shiba Inu also rose 24% to more than $0.000028.

#bitcoin #shiba-inu $SOL $SHIB $ETH

In the past 24 hours, there have been a total of 196,498,375 $SHIB tokens burned and 10 transactions. Visit shibburn.com to view the overall total of #SHIB tokens burned, circulating supply, and more. #SHIBAInsights #SHIBArmy!" #shiba-inu #SHIB/USD #HotTrends $SHIB $SHIB

#Ethereum✅ , #Ripple , Cardano, #shiba-inu , and #Dogecoin #Market Update

According to CryptoPotato, Ethereum (ETH) has recovered with a 10% price increase after a 20% correction, although the weekly chart still shows an 11% loss. The price tested the support at $3,300 and has since moved above $3,500, with the current resistance at $4,000. If $ETH can break above $4,000, the all-time high at $4,867 could be the next target.
Ripple (XRP) closed the week with a 12% loss and has recovered somewhat since. The price found support at 58 cents, and the current resistance is at 68 cents. XRP has been in a flat trend since late last year and has not managed to make a breakthrough towards new highs this year.

Cardano (ADA) suffered a 20% price crash this week, with sellers taking it to the key support level of 61 cents. As long as the price stays above 61 cents, ADA can return on an uptrend. This cryptocurrency needs to move above 80 cents and turn that level into support before new highs become possible.
Shiba Inu ($SHIB ) also crashed by 20% this week and found support at $0.000025. The resistance is at $0.000037. A second attempt at a breakout appears unlikely right now, but once the correction ends, SHIB could make new highs.
Dogecoin ($DOGE ) crashed by 18% this week and found support at 13 cents. As long as buyers hold at that key level, DOGE could later return on an uptrend to make new highs. Resistance is at 18 cents, which is the current target for a recovery. Once the 18 cents resistance turns into support, this memecoin can make new highs and continue the macro uptrend

#shiba-inu
Привет наслаждайся с бесплатными shiba👌 заходи. t.e.l.e.q.r.a.m Shiba_SHIB_Miner_Day_Bot?start=5566405298