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Tag: shiba inu community

Hump (HUMP): A New Meme Coin Chasing Shiba Inu’s Crown?
8May By OLAJIDE SAMUELNo Comments
Shiba Inu

Hump (HUMP): A New Meme Coin Chasing Shiba Inu’s Crown?

The cryptocurrency world is a breeding ground for innovation, with new contenders constantly emerging to grab investors' attention. Hump (HUMP), a recent arrival, has been making waves in the meme coin market with its impressive growth. This article explores Hump's meteoric rise, its potential to rival Shiba Inu (SHIB), and the projected astronomical surge in its value. The Rise of Hump (HUMP): A Meme Coin Sensation Hump's journey began with a bang – a staggering 96x return on investment (ROI) in April 2024. This phenomenal growth not only propelled Hump into the spotlight but also attracted seasoned investors and newcomers alike. The coin's rapid rise sparked a wave of interest, with cryptocurrency enthusiasts recognizing Hump as a serious contender in the meme coin market. Read Also...
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Shiba Inu Makes a Splash at TOKEN2049, Showcasing Commitment to Decentralization and Community
8May By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Makes a Splash at TOKEN2049, Showcasing Commitment to Decentralization and Community

The Shiba Inu ecosystem recently highlighted its successful participation at the prestigious TOKEN2049 conference held in Dubai on April 18th and 19th, 2024. As a gold sponsor, the Shiba Inu team actively engaged with industry leaders championed decentralization, and celebrated its passionate SHIB community. https://twitter.com/shibtoken/status/1787107336873529523?s=46 Engaging with the Blockchain Community Shiba Inu's gold sponsorship at TOKEN2049 provided a valuable platform to connect and collaborate with other key players in the ever-evolving blockchain landscape. https://twitter.com/shibtoken/status/1775179483756073256?s=46 The team participated in discussions and networking events, fostering valuable relationships that will strengthen Shiba Inu's position at the forefront...
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The Shiba Inu Community Is Brimming with Excitement after Unexpected Announcement
7May By Kayode Oke MichaelNo Comments
Shiba Inu

The Shiba Inu Community Is Brimming with Excitement after Unexpected Announcement

Shiba Inu (SHIB) enthusiasts are buzzing with excitement after the latest post from Shytoshi Kusama, a prominent figure in the cryptocurrency world. Mysterious Post Buzzed Shiba Inu Community Kusama's cryptic message, which featured a gif containing various spellings of the word "Evita," has sparked intense speculation among the Shiba Inu community. https://twitter.com/ShytoshiKusama/status/1787757849352777890 Read Also: Shiba Inu Faces Resistance Walls on the Road to Recovery, Can Bulls Break Through? One theory is that the post is related to the recent hard fork of Shibarium, Shiba Inu's Layer-2 blockchain solution. This update aims to provide faster transactions and more predictable gas fees, which is a significant advancement for the SHIB ecosystem. The Shiba Inu team has em...
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Shiba Inu: Stalled Recovery or Bullish Breakout?
6May By CryptolifedigitalNo Comments
Shiba Inu

Shiba Inu: Stalled Recovery or Bullish Breakout?

Shiba Inu's (SHIB) recent recovery attempt has hit a snag as the broader cryptocurrency market loses steam. After briefly rallying 28% to $0.00002632 on May 4th, SHIB encountered resistance, mirroring a slowdown across leading cryptos like Bitcoin and Ethereum. Despite the setback, SHIB remains above the Fibonacci 0.382 support level at $0.00002311, indicating the potential for a renewed uptrend when market momentum picks up. Read Also: XRP: A Long Road to Triple Digits? Analyst Projects Ambitious Target Amidst the current market uncertainty, analyst Big Mike offers a bullish prediction for SHIB's eventual breakout. Based on a weekly chart analysis, Big Mike identifies a complex web of Elliott Wave structures guiding SHIB's price action since 2023. https://twitter.com/Michael_EW...
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Shiba Inu Community Burns Over 1.6 Billion SHIB in April, But Burn Rate Drops Significantly
1May By Kayode Oke MichaelNo Comments
Shiba Inu

Shiba Inu Community Burns Over 1.6 Billion SHIB in April, But Burn Rate Drops Significantly

Shiba Inu enthusiasts burned over 1.69 billion SHIB tokens from circulation in April, according to a recent update from Shibburn, a community-driven burn tracker. While this effort demonstrates community commitment, the overall burn rate has dropped dramatically compared to the previous month. https://twitter.com/shibburn/status/1785520400501293160 Shiba Inu Burn Activity in April The 1.69 billion SHIB burned in April represents an estimated value of $37,254. These burns were executed through 204 separate transactions, with the highest activity concentrated on April 13th. Coincidentally, this date aligns with a significant price drop for Shiba Inu, dipping to $0.0000185. Another surge in burn activity occurred around April 20th, with nearly 400 million tokens burned. It's important to...
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Shiba Inu Price Predictions: How Much SHIB Do You Need to Reach Your Investment Goals?
28Apr By CryptolifedigitalNo Comments
Shiba Inu

Shiba Inu Price Predictions: How Much SHIB Do You Need to Reach Your Investment Goals?

Shiba Inu's price is currently hovering around $0.00002470, down 19.68% this month. Despite the recent dip, some analysts are still bullish on SHIB, with some projecting that it could reach $0.0065 or even $0.19 in the future. Here's a breakdown of how much Shiba Inu you would need to hold to reach different profit targets based on these projections: Read Also: Cardano Gears Up for Decentralized Governance with Chang Hard Fork Target price: $0.0065 $50,000 profit: You would need to hold 7.69 million SHIB (currently worth $190) $100,000 profit: You would need to hold 15.38 million SHIB (currently worth $380) $250,000 profit: You would need to hold 38.46 million SHIB (currently worth $950) Target price: $0.02 (by December 2040) $50,000 profit: You would need to hold...
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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...
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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...
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Shibarium: Mixed Signals as Transactions Surge But Activity Dips
18Apr By OLAJIDE SAMUELNo Comments
Shiba Inu

Shibarium: Mixed Signals as Transactions Surge But Activity Dips

Shibarium, the Layer-2 scaling solution for Shiba Inu, is experiencing a complex mix of positive and negative trends. While daily transactions have skyrocketed, low active user numbers and a declining total value locked (TVL) paint a concerning picture. Transaction Boom, User Base Grows Daily transactions on Shibarium have exploded from a low of below 6,000 on April 10 to a staggering 562,980 at press time. This surge has pushed the total transaction count to over 416 million. The user base is also expanding, with 1.78 million wallets interacting with Shibarium since its launch. Read Also: Cardano (ADA): Can it Overcome Challenges and Reclaim its Position? Network Maturity The network appears stable, having minted over 4.26 million blocks at an average block time of 5 seconds. Addit...
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Shiba Inu Community Grows Despite Market Dip, Eyes on Key Resistance Level
11Apr By OLAJIDE SAMUELNo Comments
Uncategorized

Shiba Inu Community Grows Despite Market Dip, Eyes on Key Resistance Level

While the broader cryptocurrency market experienced a decline on Tuesday, Shiba Inu displayed resilience, with its price dropping only slightly. This comes amidst a significant milestone for the meme coin, surpassing a whopping 4 million total addresses according to IntoTheBlock. Read Also: Shiba Eternity Gets Major Upgrade, Paves Way for Play-to-Earn Reaching New Heights: 4 Million Addresses and Beyond This achievement signifies a growing interest and potential mainstream adoption of SHIB. "Total addresses" refers to all addresses that have ever interacted with SHIB, including those currently holding it. Notably, the number of addresses with a current SHIB balance has also reached 1.3 million. This growth in both total and active addresses suggests a thriving user community and bo...
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