Shiba Inu Archives - Cryptolifedigital

How Reliable is Shiba Inu Official’s Projection of SHIB Coin Reaching $0.01?

27Apr

By Kayode Oke MichaelNo Comments

Shiba Inu

How Reliable is Shiba Inu Official’s Projection of SHIB Coin Reaching $0.01?

Lucie, a Shiba Inu content specialist, has expressed her confidence in the price prediction projecting SHIB to secure a value of $0.01 someday. Shiba Inu has been one of the biggest gainers in the latest market uptrend. The asset reached an impressive high from late February to March 5, surpassing the $0.000045 mark and rekindling optimism among market participants. Predictions of more substantial growth have emerged, with the $0.01 price target taking center stage. Shiba Inu's $0.01 Price Target Sparks Confidence Lucie, who has been an investor in Shiba Inu since 2021, has always been a firm believer in the cryptocurrency’s potential to clinch higher price goals, especially the $0.01 target. She expressed her confidence that the cryptocurrency could actually clinch this price level, but...

Analyst Identifies Trend That Could Bring Massive Profits for Shiba Inu Investors

26Apr

By Kayode Oke MichaelNo Comments

Shiba Inu

Analyst Identifies Trend That Could Bring Massive Profits for Shiba Inu Investors

Cryptocurrency analyst Ak47 has identified a potential bullish signal for Shiba Inu (SHIB). According to Ak47, SHIB's 12-hour chart shows a falling wedge pattern, which could indicate an imminent breakout to the upside. The analyst has highlighted the importance of keeping an eye on SHIB as it approaches crucial resistance at $0.00002803, which has proven to be an insurmountable level for the token in the past. Read Also: Shiba Inu to the Moon? Analyst Predicts $0.001 by 2025 If SHIB can break above this level, it could potentially hit a price target of $0.00003946, representing a significant increase of 53.36% from its current price. However, it should be noted that 1,342 investors are holding at least $1 million worth of SHIB at this pivotal level, making it a tough resistance to b...

Shiba Inu (SHIB) May Outlook: Mixed Signals Amidst Broader Market Correction

26Apr

By Onche Michael ONo Comments

Shiba Inu

Shiba Inu (SHIB) May Outlook: Mixed Signals Amidst Broader Market Correction

Shiba Inu (SHIB) is experiencing a tug-of-war between short-term and long-term sentiment. While the broader market correction pulls its price down, some analysts remain bullish for May, fueled by Bitcoin halving anticipation. Short-Term Jitters, Long-Term Optimism Despite shedding recent gains and facing an 8% drop in the last 24 hours, SHIB continues to hover around $0.000025. However, some analysts predict it could fall further before month-end. Read Also: Shiba Inu to the Moon? Analyst Predicts $0.001 by 2025 The upcoming Bitcoin halving, an event that reduces the supply of new Bitcoins entering circulation, historically coincides with price increases across the cryptocurrency market. This optimism carries over to SHIB, with some expecting a positive May for the meme coin. Pric...

Shiba Inu to the Moon? Analyst Predicts $0.001 by 2025

26Apr

By Adaralegbe Tosin MNo Comments

Shiba Inu

Shiba Inu to the Moon? Analyst Predicts $0.001 by 2025

Shiba Inu (SHIB), the meme-inspired cryptocurrency, has captured the attention of Bitcoin investor Anthony Pompliano, better known as "Pantoja" online. In a recent X post, Pantoja issued a bold prediction, suggesting SHIB could trade above $0.001 by 2025. This forecast represents a significant climb for SHIB, which currently sits at $0.00002459, with four leading zeros. To reach Pantoja's target, SHIB would need a staggering 3,966% increase within the next year or so. Read Also: Crypto Founders Reiterate Core Values: Beyond Trading, Towards Freedom https://twitter.com/_TallGuyTycoon/status/1782985456809865255 History Suggests Potential, But Challenges Remain While ambitious, Pantoja's prediction isn't entirely out of the realm of possibility. During the 2021 bull run, SHIB explo...

Robinhood Opens Up Shiba Inu, Avalanche, and Compound Trading for New York Residents

25Apr

By Kayode Oke MichaelNo Comments

Shiba Inu

Robinhood Opens Up Shiba Inu, Avalanche, and Compound Trading for New York Residents

Robinhood, the popular American financial services company, has expanded its cryptocurrency offerings for residents of New York. This includes the meme coin Shiba Inu (SHIB), alongside Avalanche (AVAX) and Compound (COMP). Robinhood's Crypto Expansion in New York This move follows Robinhood's previous expansion in Nevada earlier this year, which allowed users to trade 15 digital assets, including SHIB and Dogecoin (DOGE). Read Also: XRP Rally Stalls, But Analyst Eyes 106% Price Surge https://twitter.com/SurSugarTits/status/1782813454123815157 SHIB Price Reaction Interestingly, despite Robinhood's announcement, SHIB's price has dipped around 8% in the last 24 hours, mirroring a broader market decline. Is a SHIB Bull Run Coming? Some analysts remain optimistic about SHIB's future...

Shiba Inu Poised for Rebound, Analyst Predicts 115% Surge

25Apr

By CryptolifedigitalNo Comments

Shiba Inu

Shiba Inu Poised for Rebound, Analyst Predicts 115% Surge

Shiba Inu (SHIB) has caught the eye of analysts recently, with some predicting a significant price increase. SHIB Knight, a popular community analyst, identified a potential upswing based on technical indicators. SHIB Daily Chart Analysis SHIB Knight analyzed the daily chart, highlighting a pattern of descending candles. While this suggests a downtrend since early March's peak of $0.000045, the analyst believes a reversal is imminent. Read Also: Cardano Sees NFT Trading Surge Despite Coin Price Dip Rally and Reversal March saw a remarkable surge in SHIB's value, with a nearly fourfold increase in under two weeks. However, a subsequent bear takeover pushed the price down. The current chart pattern, according to SHIB Knight, signifies the end of the downtrend and the start of a potent...

Breaking News: Shiba Inu’s Technical Indicators Point to Massive Growth

25Apr

By Kayode Oke MichaelNo Comments

Shiba Inu

Breaking News: Shiba Inu’s Technical Indicators Point to Massive Growth

The cryptocurrency sector is currently witnessing a rise in the market value of Shiba Inu (SHIB), a meme coin that has caught the attention of investors and traders. Technical indicators are pointing towards a bullish trend for the cryptocurrency, with the past 24 hours seeing an impressive increase of over 2%, resulting in SHIB trading at a value of $0.00002618. Read Also: Massive Shiba Inu Transfer Sparks Speculation The latest surge in SHIB's value can be attributed to the notable increase in its burn rate. In the last 24 hours, the burn rate has skyrocketed by around 2200%, resulting in the elimination of 1.84 million SHIB tokens from circulation. This remarkable surge in the burn rate has generated enthusiasm among investors and traders alike, leading to a positive market sentim...

Massive Shiba Inu Transfer Sparks Speculation

24Apr

By Kayode Oke MichaelNo Comments

Shiba Inu

Massive Shiba Inu Transfer Sparks Speculation

Whale Alert, a platform renowned for tracking large cryptocurrency transactions, recently identified a significant movement of Shiba Inu (SHIB) tokens. This transfer, valued at $79.94 million at the time, represents the largest single-day SHIB transaction in the past 24 hours and the second-largest in the past week. Mystery Fuels Market Uncertainty The undisclosed identities of both the sender and recipient addresses, as reported by Whale Alert, ignited speculation within the crypto community. This lack of clarity led to mixed reactions, with some fearing a potential sell-off and others remaining optimistic. Read Also: Shiba Inu Rebounds: Ambitious Price Targets Surface Amid Market Recovery https://twitter.com/whale_alert/status/1782930203393565004 Internal Robinhood Transfer Likely...

Shiba Inu Rebounds: Ambitious Price Targets Surface Amid Market Recovery

24Apr

By OLAJIDE SAMUELNo Comments

Shiba Inu

Shiba Inu Rebounds: Ambitious Price Targets Surface Amid Market Recovery

Shiba Inu (SHIB) has staged a comeback this week, mirroring a broader market recovery that saw Bitcoin reclaim the $64,000 mark. SHIB surpassed $0.000025, breaching the 50-day EMA and currently trades at $0.00002564. This bullish momentum has reignited discussions around ambitious price targets for SHIB, such as $0.00299 and even $0.0211. Earlier this month, crypto analyst Armando Pantoja predicted SHIB could reach $0.001 after the next Bitcoin halving. Reaching for the Stars: Analysts Project Timelines Crypto exchange Changelly recently released a report outlining potential timelines for SHIB to reach these lofty targets. Their analysts believe SHIB can hit $0.001 by 2040, a sixteen-year timeframe. They envision a further climb to $0.00299 by February 2040, requiring a staggering 11,...

Shiba Inu Investors Accumulate Billions as Price Eyes Upsurge

23Apr

By Daniel AbangNo Comments

Shiba Inu

Shiba Inu Investors Accumulate Billions as Price Eyes Upsurge

Shiba Inu (SHIB) is experiencing a surge in investor interest, with deep-pocketed whales accumulating billions of tokens in anticipation of a significant price increase. This renewed confidence is fueled by recent price movements that indicate growing strength for the meme coin. Whale Activity Ignites Optimism A recently activated whale address grabbed headlines after amassing a staggering 237 billion SHIB tokens, valued at approximately $6.44 million. This transaction was just one of four significant acquisitions executed by the whale within a brief six-minute window. The whale's initial move involved purchasing 500 ETH (Ethereum) worth $1.59 million, followed by 101,844 FTT tokens (FTX Token) valued at over $160,000. Shortly after acquiring the SHIB tokens, the whale address further bo...