The popular Shiba Inu coin (SHIB) has become one of the best crypto investments of 2024. This token even surpassed such market leaders as Bitcoin, Ethereum and the more famous memcoin Dogecoin. As of May 2, 2024, the SHIB price was $0.00002433. It is worth noting that on the same dates last year the asset was 200% cheaper. For comparison, BTC has grown by 158% over the year, ETH has added 115%, and the main competitor of SHIB coin DOGE has risen by 137.5% over the last 365 days. Over the past three months, the token-meme has faced increased resistance. This dynamics is indicated by a red line in the graph below. At the same time, its support level (green line) increases. According to technical data, the price of SHIB has been relatively stable over the past month. Overall, the coin is trading slightly above its 30-day moving average, indicated by the blue line on the chart. The relative strength index (RSI) of the cryptocurrency is fluctuating around 60, so Shiba Inu is close to overbought. The threshold value is the level of 70. The increased desire of investors to buy Shiba Inu is likely caused by the approval of the US Securities and Exchange Commission ndov (ETF) for ETH. Don’t forget that SHIB is an ERC-20 token, and it is based on the Ethereum blockchain.
The DICE token of the Mega Dice platform lures away investors Shiba Inu In the not so distant future, the cryptocurrency may become a widespread means of payment and a method of accumulating wealth va for the general public. The developers of Shiba Inu understand that few coins will be able to withstand this transition, so they are preparing to launch a Level 3 blockchain. The team announced at the beginning of this year that they were raising funds in the amount of $12 million for a new confidential network. Nevertheless, it is possible to diversify the investment portfolio with new projects, some of which are still at the pre-sale stage. The usefulness of these coins often goes beyond simple payments or storing value. GameFi is one of the sectors where many assets are emerging with different uses. The new cryptocurrency in this niche is the DICE token. It is developed on the basis of the Solana blockchain and integrated into the Mega Dice gaming ecosystem. The preliminary sale of the asset began in mid-April and has already attracted more than $1.2 million in investments. Mega Dice has been operating on the market since last year and is the world's first licensed GameFi portal, which can be connected via Telegram. 50,000 players have already registered on the site, which has helped the platform become famous in the crypto community. Investors who access Mega Dice services using their own DICE token will be rewarded with additional bonuses in the future. The team plans to integrate a loyalty program, offering more generous rewards to coin holders. This token will also provide access to exclusive competitions and a VIP system. Finally, Mega Dice will have an asset buyback and burning program. This means that the portal will periodically buy tokens and remove them from circulation. This approach leads to scarcity, which helps increase the value of coins. You can follow Mega Dice news in the platform’s channels on the social network X/Twitter and Telegram, which is banned in Russia. You can join the pre-sale by visiting the official Mega Dice website. It is assumed that as soon as DICE hits the cryptocurrency exchanges, its value may increase. The coin is currently on sale at a discount.
