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đ„đ„ A BRIEF HISTORY OF SHIBA INU ($SHIB ) đ„đ„
Once a meme, now a legend! đ Shiba Inu was unleashed in August 2020 with a mind-boggling 1 quadrillion tokens. But the real action started in May 2021 when Shiba's mysterious founder, Ryoshi, sent half the supply to Ethereum co-founder Vitalik Buterin. Was it a wild publicity move? Maybeâbut Ryoshiâs cryptic message said it all: "There is no greatness without a vulnerable point."
Buterin shook the crypto world by donating 10% of those tokens and burning 90%. Thanks to that move, we now have about 549 trillion SHIB in circulation. đ°đ„
ShibaSwap dropped in July 2021, giving SHIB holders a decentralized playground for trading. Then, in November, Shiba Inu upped the ante, teaming up with David Folk (ex-Activision VP) to dive into the crypto gaming scene. đźđ
And what about the price? SHIB started 2021 at $0.000000000119. By October 2021, it soared 74,000,000% to hit a peak of $0.00008845! But as with all meteoric rises, SHIB faced a 75% drop afterward.
Still, SHIBâs journey is far from over. The Shiba Army is strong, and its future is burning bright! âĄđâđ„
#Shiba #ShibaArmy #CryptoLegends #BinanceSquareFamily #ShibaSwap#SHIB
Once a meme, now a legend! đ Shiba Inu was unleashed in August 2020 with a mind-boggling 1 quadrillion tokens. But the real action started in May 2021 when Shiba's mysterious founder, Ryoshi, sent half the supply to Ethereum co-founder Vitalik Buterin. Was it a wild publicity move? Maybeâbut Ryoshiâs cryptic message said it all: "There is no greatness without a vulnerable point."
Buterin shook the crypto world by donating 10% of those tokens and burning 90%. Thanks to that move, we now have about 549 trillion SHIB in circulation. đ°đ„
ShibaSwap dropped in July 2021, giving SHIB holders a decentralized playground for trading. Then, in November, Shiba Inu upped the ante, teaming up with David Folk (ex-Activision VP) to dive into the crypto gaming scene. đźđ
And what about the price? SHIB started 2021 at $0.000000000119. By October 2021, it soared 74,000,000% to hit a peak of $0.00008845! But as with all meteoric rises, SHIB faced a 75% drop afterward.
Still, SHIBâs journey is far from over. The Shiba Army is strong, and its future is burning bright! âĄđâđ„
#Shiba #ShibaArmy #CryptoLegends #BinanceSquareFamily #ShibaSwap#SHIB
Shiba's Silent Battle: Is SHIB Ready to Wake Up? đđ€
Shiba Inu ($SHIB ) has been moving sideways for weeks now, and it's leaving us wondering â when will the next big move hit? The price sits at $0.00001328, barely budging from previous days. With the 99-day moving average looming at $0.00001628 and acting as a strong resistance level, SHIB needs a major catalyst to break through. đ
Volume is stable at 394.52B, but not enough to spark a big rally. The volatility index sits at 56.69%, signaling that things are calm... maybe *too* calm. Will Shiba Inu break out of this consolidation and head toward $0.000016, or will it dip lower toward $0.000010?
đ SHIB needs to gather more volume and momentum to flip the current trend. Until we see that, itâs best to keep an eye on the key resistance levels before making any bullish bets.
What do you think â will Shiba surprise us, or is it stuck in a lull for now?
Let me know in the comments! đđ And donât forget to share this analysis with the SHIB Army!
#SHIBArmy #ShibaInu #CryptoTrading #Shiba #HODL
Shiba Inu ($SHIB ) has been moving sideways for weeks now, and it's leaving us wondering â when will the next big move hit? The price sits at $0.00001328, barely budging from previous days. With the 99-day moving average looming at $0.00001628 and acting as a strong resistance level, SHIB needs a major catalyst to break through. đ
Volume is stable at 394.52B, but not enough to spark a big rally. The volatility index sits at 56.69%, signaling that things are calm... maybe *too* calm. Will Shiba Inu break out of this consolidation and head toward $0.000016, or will it dip lower toward $0.000010?
đ SHIB needs to gather more volume and momentum to flip the current trend. Until we see that, itâs best to keep an eye on the key resistance levels before making any bullish bets.
What do you think â will Shiba surprise us, or is it stuck in a lull for now?
Let me know in the comments! đđ And donât forget to share this analysis with the SHIB Army!
#SHIBArmy #ShibaInu #CryptoTrading #Shiba #HODL
đ DON'T SELL YOUR SHIBA INU đ
Over the past 24 hours, the price of #Shiba Inu (SHIB) has seen slight fluctuations, hovering around $0.0000133. Despite low volatility, its price has remained mostly stable with minor increases of 0.02% to 0.08%. This follows a recent 4% rise over the previous week, reflecting modest market activityâ .
#Shiba Inu is predicted to perform very well in the next bull run, possibly gaining due to increasing ecosystem developments which has resulted attraction of investors.
Buy and keep #Shiba inu to get multiple returns .
#Write2Earn! #SHIBŰ
$SHIB
Over the past 24 hours, the price of #Shiba Inu (SHIB) has seen slight fluctuations, hovering around $0.0000133. Despite low volatility, its price has remained mostly stable with minor increases of 0.02% to 0.08%. This follows a recent 4% rise over the previous week, reflecting modest market activityâ .
#Shiba Inu is predicted to perform very well in the next bull run, possibly gaining due to increasing ecosystem developments which has resulted attraction of investors.
Buy and keep #Shiba inu to get multiple returns .
#Write2Earn! #SHIBŰ
$SHIB
âShiba (SHIB) can reach ATH level with these two metrics!â
#Shibarium has gained momentum in fundamental metrics despite growing slower than other layer-2 blockchains. According to UTodayâs analysis, the Shibarium blockchain has seen a steady decline in the number of active transactions over the past month, but block production has remained stable.
The analysis, which indicated that on-chain data has turned positive, said:
âAccording to Shibariumscamâs data, the layer-2 protocol is approaching two million registered addresses in total. There are currently a total of 1,814,475 registered addresses, and this figure has been recorded in the 13 months since its launch.â
In addition to the increasing number of registered addresses, the total number of transactions has also increased day by day. Shibariumscam data showed that the total transactions reached 418,168,377.
According to the analysis, the movement in the blockchain could contribute to SHIBâs growth. The all-time high (#ATH ) is targeted for SHIB, which has increased by 2.77 percent in the last 24 hours.
â$SHIB price is trading 87 percent behind ATH level,â UToday said, and concluded his sentences with the comment, âForeseen milestones may help fill this percentage drop.â
Shibarium, where adoption rates are increasing, will soon reach 420 million transactions. It is expected that more users will turn to blockchain with the end of negative trends.
The analysis, which included the view that âPositive impressions about Shibarium may be reflected in SHIB price,â said the following: âIncreasing transactions may include #Shiba Inu, and more users, as marked by wallet addresses, may mean more people demanding SHIB.â
#Shibarium has gained momentum in fundamental metrics despite growing slower than other layer-2 blockchains. According to UTodayâs analysis, the Shibarium blockchain has seen a steady decline in the number of active transactions over the past month, but block production has remained stable.
The analysis, which indicated that on-chain data has turned positive, said:
âAccording to Shibariumscamâs data, the layer-2 protocol is approaching two million registered addresses in total. There are currently a total of 1,814,475 registered addresses, and this figure has been recorded in the 13 months since its launch.â
In addition to the increasing number of registered addresses, the total number of transactions has also increased day by day. Shibariumscam data showed that the total transactions reached 418,168,377.
According to the analysis, the movement in the blockchain could contribute to SHIBâs growth. The all-time high (#ATH ) is targeted for SHIB, which has increased by 2.77 percent in the last 24 hours.
â$SHIB price is trading 87 percent behind ATH level,â UToday said, and concluded his sentences with the comment, âForeseen milestones may help fill this percentage drop.â
Shibarium, where adoption rates are increasing, will soon reach 420 million transactions. It is expected that more users will turn to blockchain with the end of negative trends.
The analysis, which included the view that âPositive impressions about Shibarium may be reflected in SHIB price,â said the following: âIncreasing transactions may include #Shiba Inu, and more users, as marked by wallet addresses, may mean more people demanding SHIB.â
Shiba Inu Exec Teases Major Development for Shibarium: Here's Whatâs Coming
Shiba Inuâs marketing lead, Lucie, has teased a significant upcoming development on Shibarium, the Layer 2 blockchain of the Shiba Inu ecosystem. In a statement made on Tuesday, Lucie hinted at big news arriving within the next nine days, sparking excitement and speculation across the crypto community. This development revolves around BONE, a crucial element within the Shibarium network.
Unlocking knBONE on Shibarium
In a September 10 post on X (formerly Twitter), Lucie revealed that a large amount of BONE, currently locked in validators, will soon be unlocked as knBONE on Shibarium. She emphasized that this unlock will inject significant liquidity into the Shibarium network, presenting a major opportunity for developers, projects, and builders within the Shiba Inu community.
Lucie outlined the potential benefits of this development, explaining how users can leverage the unlocked knBONE. Developers are encouraged to create staking pools for knBONE, utilize it across the ecosystem, and integrate it within the NFT space. Staking platforms like K9 Finance, a key player in Shibariumâs Layer 2 ecosystem, offer a place for users to farm their knBONE.
âWith the impending release of knBONE, Shibarium is poised for a wave of activity as users look to stake or spend their tokens,â Lucie added.
At the time of the announcement, daily transactions on Shibarium were reported at 1.89K, with the native token, SHIB, experiencing positive price movement. The ongoing excitement around Shibarium is further bolstered by the recent launch of the ShibDev portal, which has driven optimism in the community.
SHIB Price Surges on Positive Sentiment
In addition to the upcoming developments on Shibarium, the price of SHIB has seen a notable increase. At press time, SHIB was up by 2.5%, trading at $0.00001342. The coinâs intraday low and high were $0.00001301 and $0.00001371, respectively. This price surge aligns with broader market trends and the buzz surrounding Shibariumâs latest developments.
According to Coinglass data, SHIBâs futures open interest (OI) surged by nearly 8% to $25.66 million, while the derivatives volume spiked 57% to $48.13 million, indicating growing investor interest in the token.
Moreover, recent analysis by CoinGape Media highlighted bullish dynamics for SHIB, driven in part by the return of Keith Gill, aka "Roaring Kitty," to social media. As a result, SHIB continues to ride a wave of optimism in the broader market.
With the forthcoming knBONE unlock and increased attention on Shibarium, Shiba Inuâs ecosystem appears poised for further growth, attracting both developers and investors alike.
$SHIB #Shiba #Shibarium
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.â
Unlocking knBONE on Shibarium
In a September 10 post on X (formerly Twitter), Lucie revealed that a large amount of BONE, currently locked in validators, will soon be unlocked as knBONE on Shibarium. She emphasized that this unlock will inject significant liquidity into the Shibarium network, presenting a major opportunity for developers, projects, and builders within the Shiba Inu community.
Lucie outlined the potential benefits of this development, explaining how users can leverage the unlocked knBONE. Developers are encouraged to create staking pools for knBONE, utilize it across the ecosystem, and integrate it within the NFT space. Staking platforms like K9 Finance, a key player in Shibariumâs Layer 2 ecosystem, offer a place for users to farm their knBONE.
âWith the impending release of knBONE, Shibarium is poised for a wave of activity as users look to stake or spend their tokens,â Lucie added.
At the time of the announcement, daily transactions on Shibarium were reported at 1.89K, with the native token, SHIB, experiencing positive price movement. The ongoing excitement around Shibarium is further bolstered by the recent launch of the ShibDev portal, which has driven optimism in the community.
SHIB Price Surges on Positive Sentiment
In addition to the upcoming developments on Shibarium, the price of SHIB has seen a notable increase. At press time, SHIB was up by 2.5%, trading at $0.00001342. The coinâs intraday low and high were $0.00001301 and $0.00001371, respectively. This price surge aligns with broader market trends and the buzz surrounding Shibariumâs latest developments.
According to Coinglass data, SHIBâs futures open interest (OI) surged by nearly 8% to $25.66 million, while the derivatives volume spiked 57% to $48.13 million, indicating growing investor interest in the token.
Moreover, recent analysis by CoinGape Media highlighted bullish dynamics for SHIB, driven in part by the return of Keith Gill, aka "Roaring Kitty," to social media. As a result, SHIB continues to ride a wave of optimism in the broader market.
With the forthcoming knBONE unlock and increased attention on Shibarium, Shiba Inuâs ecosystem appears poised for further growth, attracting both developers and investors alike.
$SHIB #Shiba #Shibarium
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.â
Fight Shiba Inu Vs Bonk Coins?
Comparing Shiba Inu (SHIB) and Bonk Coin (BONK) can be interesting since both are meme coins with unique communities and use cases. Here are some key points:
### Shiba Inu (SHIB)
- Market Position: SHIB is one of the top meme coins, often referred to as the "Dogecoin killer."
- Ecosystem: It has a growing ecosystem with projects like ShibaSwap, Shibarium (a Layer 2 solution), and various NFTs.
- Community: SHIB has a large and active community, which helps in maintaining its popularity and market presence.
### Bonk Coin (BONK)
- Market Position: BONK is a newer entrant in the meme coin space and is still gaining traction.
- Ecosystem: BONK is primarily known for its meme value and community-driven initiatives. It doesn't yet have as extensive an ecosystem as SHIB.
- Community: BONK is building its community, but it is not as large or established as SHIB's.
### Key Differences
- Adoption and Use Cases: SHIB has more established use cases and a broader adoption.
- Market Cap and Liquidity: SHIB generally has a higher market cap and better liquidity compared to BONK.
- Development and Roadmap: SHIB has a more detailed and ambitious roadmap with various projects in development.
Both coins are highly speculative and come with significant risks. It's essential to do thorough research and consider your risk tolerance before investing. Are you leaning towards one over the other?
#CPI_BTC_Watch $BONK #Shiba #BonkVSShiba
Comparing Shiba Inu (SHIB) and Bonk Coin (BONK) can be interesting since both are meme coins with unique communities and use cases. Here are some key points:
### Shiba Inu (SHIB)
- Market Position: SHIB is one of the top meme coins, often referred to as the "Dogecoin killer."
- Ecosystem: It has a growing ecosystem with projects like ShibaSwap, Shibarium (a Layer 2 solution), and various NFTs.
- Community: SHIB has a large and active community, which helps in maintaining its popularity and market presence.
### Bonk Coin (BONK)
- Market Position: BONK is a newer entrant in the meme coin space and is still gaining traction.
- Ecosystem: BONK is primarily known for its meme value and community-driven initiatives. It doesn't yet have as extensive an ecosystem as SHIB.
- Community: BONK is building its community, but it is not as large or established as SHIB's.
### Key Differences
- Adoption and Use Cases: SHIB has more established use cases and a broader adoption.
- Market Cap and Liquidity: SHIB generally has a higher market cap and better liquidity compared to BONK.
- Development and Roadmap: SHIB has a more detailed and ambitious roadmap with various projects in development.
Both coins are highly speculative and come with significant risks. It's essential to do thorough research and consider your risk tolerance before investing. Are you leaning towards one over the other?
#CPI_BTC_Watch $BONK #Shiba #BonkVSShiba
MarketVectorâąÂ Meme Coin Index
The MarketVectorâąÂ Meme Coin Index (MEMECOIN) is a modified market cap-weighted index which tracks the performance of the 6 largest meme coins. Meme coin refers to crypto assets often named after characters, individuals, animals, artworks, or other memetic elements. Initially supported by enthusiastic online traders and communities, these coins are intended for entertainment purposes.
Index covers the largest 6 digital assets classified as "meme coins" by MarketVector Indexes.
Top components :
COMPONENT WEIGHT
#Dogecoin 29.32%
#Shiba Inu 27.85%
#PEPE 16.60%
The MarketVectorâąÂ Meme Coin Index (MEMECOIN) is a modified market cap-weighted index which tracks the performance of the 6 largest meme coins. Meme coin refers to crypto assets often named after characters, individuals, animals, artworks, or other memetic elements. Initially supported by enthusiastic online traders and communities, these coins are intended for entertainment purposes.
Index covers the largest 6 digital assets classified as "meme coins" by MarketVector Indexes.
Top components :
COMPONENT WEIGHT
#Dogecoin 29.32%
#Shiba Inu 27.85%
#PEPE 16.60%
Data recently released by Etherscan indicates that significant transactions of Shiba Inu #meme coins were observed less than an hour ago. Overall, five trades totaling 27.6 billion #Shiba Inu were shovelled. The biggest #SHIB lump that was transferred here was 10 billion SHIB. According to Etherscan, anonymous wallets transferred almost 17 billion Shiba Inus to addresses connected to Binance and Coinbase, the two biggest #cryptocurrency exchanges.
Shiba Inu (SHIB) Price Could Double If It Breaks This Barrier
In a surprising turn of events, the #Shiba Inu token has witnessed a robust 12% surge in the past week, reclaiming its position above the $0.00001 mark. The resurgence has sparked enthusiasm within the expansive SHIB community, reigniting discussions about the possibility of a sustained bullish trend. Advertisement However, the pivotal question looming over SHIB's future remains: Can the token double in price and ascend to $0.00002? To unravel this mystery, a dive into the on-chain data provides essential insights into the current market dynamics surrounding Shiba Inu.RelatedShiba Inu Price Risks Adding Zero as 122 Trillion SHIB Hang in BalanceAccording to data from IntoTheBlock's "In/Out of the Money Around Price" indicator, approximately 122.37 trillion SHIBs currently hover in the price range at 103,420 addresses. These tokens are either generating marginal profits or maintaining breakeven status for their holders. Yet, the real challenge lies ahead.Source: IntoTheBlockA staggering 514.8 trillion SHIBs, comprising 87.36% of the total circulating volume, are concentrated between the current price and $0.000019 per SHIB. This considerable volume is distributed across 269,860 wallets, creating a formidable barrier for SHIB's upward trajectory.Related136.86 Billion SHIB Grabbed by Fresh Wallet as Price Burns ZeroThe subsequent price ranges beyond $0.000019 reveal a significantly lower concentration of SHIBs, suggesting that overcoming the current hurdle is crucial for any substantial price appreciation. The Shiba Inu token finds itself sandwiched between two major holder groups â the majority grappling with losses and a smaller faction relishing profits or avoiding negative PnL.The burning question now lingers: What lies ahead for the Shiba Inu token?$SHIB
