ShibaInvestment
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If #SHIBA BURN HAVE A FACE 🥹
More Burning more involved Investors.
$SHIB #ShibaPricePrediction #ShibaPrediction #ShibaInvestment
More Burning more involved Investors.
$SHIB #ShibaPricePrediction #ShibaPrediction #ShibaInvestment
Shiba Inu Latest News: How Many SHIB Holders Are in Profits?
Shiba Inu: How Many SHIB Holders Are Suffering From Losses and Enjoying Profits?
Shiba Inu is currently trading at $0.000008929 and is down nearly 1% in the day’s trade. SHIB has been on a downward trend for more than a year lately making investors lose a lot of money. The dog-themed token is no longer the once ‘golden egg’ laying hen that made early investors turn millionaires. It has now turned from a profit-making machine to a loss-generating token since early 2022. The token is no longer attractive to the average investor despite its price being under the 1-Cent mark.
The latest data from IntoTheBlock shows that 65% of Shiba Inu holders are currently underwater and experiencing losses. Only 29% of investors are enjoying profits in the dog-themed cryptocurrency. However, just 6% of Shiba Inu holders are currently breaking even with no profits or losses.
Therefore, the majority of SHIB holders are currently under loss with only a few in profits. Just a handful of them are breaking even and the prospects don’t seem bright. In addition, around 78% of SHIB’s wealth is concentrated with a handful of investors.
The development is alarming as it poses a risk of large sell-offs that could lead to dramatic price slumps. The move could create large ripple effects that could trigger another round of sell-offs leading to a domino effect.
At press time, SHIB was trading at $0.000008929 and is down close to 1% in the 24-hour day trade. SHIB is also down nearly 90% from its all-time high of $0.00008616, which it reached in October 2021.
#ShibaInvestment #TrendingTopic #Write2Earn #BTC #ShibaPriceAnalysys
Like share fallow
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Shiba Inu: How Many SHIB Holders Are Suffering From Losses and Enjoying Profits?
Shiba Inu is currently trading at $0.000008929 and is down nearly 1% in the day’s trade. SHIB has been on a downward trend for more than a year lately making investors lose a lot of money. The dog-themed token is no longer the once ‘golden egg’ laying hen that made early investors turn millionaires. It has now turned from a profit-making machine to a loss-generating token since early 2022. The token is no longer attractive to the average investor despite its price being under the 1-Cent mark.
The latest data from IntoTheBlock shows that 65% of Shiba Inu holders are currently underwater and experiencing losses. Only 29% of investors are enjoying profits in the dog-themed cryptocurrency. However, just 6% of Shiba Inu holders are currently breaking even with no profits or losses.
Therefore, the majority of SHIB holders are currently under loss with only a few in profits. Just a handful of them are breaking even and the prospects don’t seem bright. In addition, around 78% of SHIB’s wealth is concentrated with a handful of investors.
The development is alarming as it poses a risk of large sell-offs that could lead to dramatic price slumps. The move could create large ripple effects that could trigger another round of sell-offs leading to a domino effect.
At press time, SHIB was trading at $0.000008929 and is down close to 1% in the 24-hour day trade. SHIB is also down nearly 90% from its all-time high of $0.00008616, which it reached in October 2021.
#ShibaInvestment #TrendingTopic #Write2Earn #BTC #ShibaPriceAnalysys
Like share fallow
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Home/News/Live Blog/Cryptocurrency News LIVE Updates: Bitcoin Jumps Past $43K, Arbitrum Foundation Offloads 15 Mln ARB To Coinbase
LIVE UPDATES
Cryptocurrency News LIVE Updates: Bitcoin Jumps Past $43K, Arbitrum Foundation Offloads 15 Mln ARB To Coinbase
By Coingape Staff
Published January 30, 2024 Updated January 30, 2024
Cryptocurrency News LIVE Updates: Bitcoin echoes a sense of frenzy across the broader crypto market once again as the token’s price surged past the $43K mark recently. As of press time, the Bitcoin price noted a 2.78% uptick in the past 24 hours and is currently trading at $43,522. Meanwhile, top altcoins like Ethereum, Solana, and XRP also witnessed an upswing of 1-5% today, nabbing crypto traders’ attention globally.
Simultaneously, in another intriguing unfolding of events, the Arbitrum Foundation appears to have offloaded a staggering 15 million ARB, worth $27.5 million, to Coinbase at $1.83. Notably, soon after the deposit, six new wallets accumulated a total of 14.9 million ARB from the CEX.
Crypto News LIVE: Shiba Inu Burn Rate Soars 1500%
Shiba Inu, a renowned meme coin, jotted down a whopping 1568% surge in its burn rate today, garnering noteworthy attention among crypto market enthusiasts globally. According to Shibburn’s data, 66.70 million SHIB was incinerated in the past 24 hours.
09:44:26 AM IST, 30 JANUARY 2024
Crypto News LIVE: FTX-Linked Addresses Shift Staggering Amounts Of Assets To Binance & Coinbase
As per blockchain data unveiled by PeckShieldAlert, FTX-linked addresses shifted colossal amounts of four assets to Coinbase and Binance. These assets included 1K ETH, 44.122K CREAM, 981.4K ALPHA, and 435.4K HT. Notably, the transfer of HT was done to GSR Markets on Ethereum, birthing additional inferences among creditors.
#BTC🔥🔥
#ShibaInvestment
#memelaunchCoin
Investment of $100 in Shiba Inu Turns Into $37 Million in January 2024
In 2024, Shiba Inu (SHIB), the meme-inspired cryptocurrency that has garnered widespread attention in the crypto community, experienced unexpected developments. Despite not conforming to predictions of a bullish start, the early trading days of 2024 have proven highly lucrative for those who had faith in Shiba Inu’s potential from the outset. In an unforeseen twist, some initial SHIB investors have turned a modest $100 investment into staggering returns, with early adopters reaping profits surpassing a billion dollars.
Early Investments and Remarkable Returns
For those with the foresight to invest $100 in Shiba Inu every week since its all-time high in January 2021, their cumulative investment would total $15,700. Despite SHIB’s price consistently trending downward since its October 2021 peak, interrupted only by sporadic rallies, the $10,900 invested would now be valued at an astonishing $37,591,410.21 in January 2024. This exceptional surge represents an extraordinary increase of approximately 239,335.73%.
Can Shiba Inu Still Generate Millionaires?
SHIB’s price trajectory has seen a decline since its October 2021 highs. While other cryptocurrency projects experienced significant rallies in 2023, meme coins like Dogecoin (DOGE) and SHIB took a back seat. Nevertheless, the SHIB community remains resolute in its pursuit of the “one-cent dream.”
If Shiba Inu manages to achieve a price of $0.01, it would signify a growth of over 100,000%. Although this ambitious target presents challenges, it is not unprecedented for SHIB. From its launch in August 2020 to its all-time high in October 2021, SHIB’s price witnessed phenomenal growth, increasing by several million percent. The potential for 100,000% growth in the future continues to fuel the optimism of SHIB enthusiasts.
#ShibaPriceAnalysys #ShibaInvestment #ShibaBurns #ShibaSurge #CryptoScoop
In 2024, Shiba Inu (SHIB), the meme-inspired cryptocurrency that has garnered widespread attention in the crypto community, experienced unexpected developments. Despite not conforming to predictions of a bullish start, the early trading days of 2024 have proven highly lucrative for those who had faith in Shiba Inu’s potential from the outset. In an unforeseen twist, some initial SHIB investors have turned a modest $100 investment into staggering returns, with early adopters reaping profits surpassing a billion dollars.
Early Investments and Remarkable Returns
For those with the foresight to invest $100 in Shiba Inu every week since its all-time high in January 2021, their cumulative investment would total $15,700. Despite SHIB’s price consistently trending downward since its October 2021 peak, interrupted only by sporadic rallies, the $10,900 invested would now be valued at an astonishing $37,591,410.21 in January 2024. This exceptional surge represents an extraordinary increase of approximately 239,335.73%.
Can Shiba Inu Still Generate Millionaires?
SHIB’s price trajectory has seen a decline since its October 2021 highs. While other cryptocurrency projects experienced significant rallies in 2023, meme coins like Dogecoin (DOGE) and SHIB took a back seat. Nevertheless, the SHIB community remains resolute in its pursuit of the “one-cent dream.”
If Shiba Inu manages to achieve a price of $0.01, it would signify a growth of over 100,000%. Although this ambitious target presents challenges, it is not unprecedented for SHIB. From its launch in August 2020 to its all-time high in October 2021, SHIB’s price witnessed phenomenal growth, increasing by several million percent. The potential for 100,000% growth in the future continues to fuel the optimism of SHIB enthusiasts.
#ShibaPriceAnalysys #ShibaInvestment #ShibaBurns #ShibaSurge #CryptoScoop
Shiba Whales Eat The Dip: 2.39 Trillion SHIB Make Their Way To Cold Storage
A fresh whale wallet accumulated 136.86B $SHIB (1.38M)
Shiba whales have been gobbling up the recent dip in with on-chain data showing some accumulating an enormous 2.39 trillion SHIB between them. SHIB’s price has been on a downtrend since the beginning of the month, falling as low as 20% from the yearly open to reach $0.000008735 on January 8th.
Although the crypto has since recover 15% from this low and is now trading at $0.000009763, its price is still showing signs of decline and is currently down by 3.3% in the past 24 hours. Behind the background sits some whales, gobbling up a whopping 2.39 trillion SHIB token worth $24.15 million and sending them straight to cold storage.
Cold storage mostly refers to digital wallets that are not owned by crypto exchanges, making the SHIB stored in them inaccessible for trading or selling. By putting their Shiba into cold storage, these whales show that they plan to HODL for the long term.
Related Reading: Bitcoin Retreats: ETF Dream Fades, Price Tumbles Under $42,000
Whales Accumulate 2.39 Trillion SHIB In A Month
Shiba ecosystem is home to many whale investors, and transactions among these whales are not uncommon. According to on-chain transaction tracker Lookonchain, there have been huge SHIB transfers from crypto exchange Binance into four whale addresses in the past 30 days.
The latest big SHIB whale transaction was one of 136.86 billion SHIB tokens worth $1.38 million at the time of transfer to a newly created wallet. Notably, this was the smallest accumulation from the four whales. The three other whale transactions were of larger proportion, one of which included TRON founder Justin Sun who accumulated 577 billion SHIB worth $5.82 million from Binance.
The third exit from Binance went into address 0xa656, which accumulated 237.87 billion SHIB worth $2.4 million. The largest accumulation came from 0xF633 who accumulated 1.44 trillion SHIB worth $14.54 million from Binance and Gateio.
#ShibaInvestment
#etf #ETH #BTC #memecoin
A fresh whale wallet accumulated 136.86B $SHIB (1.38M)
Shiba whales have been gobbling up the recent dip in with on-chain data showing some accumulating an enormous 2.39 trillion SHIB between them. SHIB’s price has been on a downtrend since the beginning of the month, falling as low as 20% from the yearly open to reach $0.000008735 on January 8th.
Although the crypto has since recover 15% from this low and is now trading at $0.000009763, its price is still showing signs of decline and is currently down by 3.3% in the past 24 hours. Behind the background sits some whales, gobbling up a whopping 2.39 trillion SHIB token worth $24.15 million and sending them straight to cold storage.
Cold storage mostly refers to digital wallets that are not owned by crypto exchanges, making the SHIB stored in them inaccessible for trading or selling. By putting their Shiba into cold storage, these whales show that they plan to HODL for the long term.
Related Reading: Bitcoin Retreats: ETF Dream Fades, Price Tumbles Under $42,000
Whales Accumulate 2.39 Trillion SHIB In A Month
Shiba ecosystem is home to many whale investors, and transactions among these whales are not uncommon. According to on-chain transaction tracker Lookonchain, there have been huge SHIB transfers from crypto exchange Binance into four whale addresses in the past 30 days.
The latest big SHIB whale transaction was one of 136.86 billion SHIB tokens worth $1.38 million at the time of transfer to a newly created wallet. Notably, this was the smallest accumulation from the four whales. The three other whale transactions were of larger proportion, one of which included TRON founder Justin Sun who accumulated 577 billion SHIB worth $5.82 million from Binance.
The third exit from Binance went into address 0xa656, which accumulated 237.87 billion SHIB worth $2.4 million. The largest accumulation came from 0xF633 who accumulated 1.44 trillion SHIB worth $14.54 million from Binance and Gateio.
#ShibaInvestment
#etf #ETH #BTC #memecoin
"Premium Giveaway Announced by Domain Name Partner for the ShibArmy!"
D3 Global, Shiba Inu domain name partner, is giving away 12 army-themed titles to SHIB community members over the next 21 days.
Read more on: https://thecryptobasic.com/2024/01/30/shiba-inu-domain-name-partner-announces-special-giveaway-for-shibarmy/
#SHIB💥 #ShibaInvestment #SHIBARMY #Crypto #CryptoNewsUpdate
Read more on: https://thecryptobasic.com/2024/01/30/shiba-inu-domain-name-partner-announces-special-giveaway-for-shibarmy/
#SHIB💥 #ShibaInvestment #SHIBARMY #Crypto #CryptoNewsUpdate
Shiba Inu: Ethereum Whale Makes Massive Shib Purchase After Robinhood
Within the constantly evolving cryptocurrency sphere, an Ethereum whale identified by the wallet address “0xfb2” has reemerged after a prolonged period of dormancy to undertake a substantial investment in the Shiba Inu (SHIB) cryptocurrency. According to data from Etherscan, the enigmatic investor conducted a series of purchases. The whale acquired an astounding 606.36 billion SHIB in the past 24 hours. This translates to a noteworthy investment of $5.80 million.Shiba Inu Portfolio SoarsThis abrupt surge in buying activity has elevated the Ethereum whale to the pinnacle of the SHIB token buyers’ list for the specified period. Presently, the investor’s cryptocurrency portfolio showcases an impressive 733.21 billion SHIB. This is valued at $6.97 million, with SHIB now standing as the second-largest holding in the portfolio, surpassed only by Ethereum.SourceThe Ethereum whale’s dedication to SHIB traces back to two years ago when it initially procured nearly 200 billion tokens. This recent resurgence in SHIB holdings introduces a captivating aspect to the dynamic crypto market. It seizes the attention of both SHIB enthusiasts and traders.Robinhood’s Growing SHIB StashConcurrently, information from Arkham Intelligence indicates a parallel development, revealing that Robinhood, the prominent stock brokerage giant, has expanded its SHIB holdings. Recent data illustrates a substantial growth in Robinhood’s SHIB reserves, escalating from approximately 35 million SHIB to an impressive 36.454 trillion SHIB within the last 24 hours.With major players such as the mysterious Ethereum whale and Robinhood displaying renewed interest in Shiba Inu, the cryptocurrency community is eagerly awaiting the repercussions of these developments on the Shiba Inu token in the upcoming days. The heightened attention and investments from influential entities underscore the dynamic and ever-changing nature of the cryptocurrency market.#ShibaInvestment #dyor
"A Comprehensive Analysis of Shiba Inu's Price Support and Resistance Dynamics"
With Shiba Inu plummeting below the $0.00001 price mark this week, here are key support and resistance levels that could determine SHIB’s movement in the coming days.
Read more on: https://thecryptobasic.com/2024/01/06/shiba-inu-price-outlook-key-support-and-resistance-levels/
#SHIB💥 #ShibaPriceAnalysys #ShibaInvestment #shibanews #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/06/shiba-inu-price-outlook-key-support-and-resistance-levels/
#SHIB💥 #ShibaPriceAnalysys #ShibaInvestment #shibanews #CryptoNews🔒📰🚫
Signal Long
SHIB/USDT
In spot only
Invest only 2% of your porfolio
Buying zone
0.00000906 - 0.00000750
Targets
🎯0.00001200
🎯0.00001350
🎯0.00001550
#shibawhale
#ShibaPriceAnalysys
#ShibaInvestment
SHIB/USDT
In spot only
Invest only 2% of your porfolio
Buying zone
0.00000906 - 0.00000750
Targets
🎯0.00001200
🎯0.00001350
🎯0.00001550
#shibawhale
#ShibaPriceAnalysys
#ShibaInvestment
LIVECRYPTO_KITE
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Four 4 Factors Indicating a Potential (SHIB) Bull Run Incoming#ShibaPriceAnalysys
Check out why SHIB's price might start pumping soon.
TL;DR
Some important elements indicate a potential upswing for Shiba in the short term.
Developments in SHIB’s layer-2 blockchain solution and a resurgence of the meme coin sector could support this rally.
Is it Time for a SHIB Rally?
(SHIB), similar to many other cryptocurrencies, has underperformed in the past several days, with its price plunging by 3% on a two-week scale (per CoinGecko’s data). However, some essential metrics and factors hint that the correction might be near its end.
According to CryptoQuant, SHIB exchange netflow has been positive only once in the past eight days. Shifting from centralized exchanges to self-custody methods is considered bullish since it reduces the immediate selling pressure.
As CryptoPotato reported, the burn rate skyrocketed on multiple occasions in the previous weeks, with over 9 billion tokens destroyed since the beginning of 2024.
The mechanism aims to reduce the tremendous circulating supply of SHIB, making it scarcer and potentially more valuable in time.
Earlier this week, the team behind Shibarium (Shiba layer-2 blockchain solution) introduced an important update, which is designed to reduce the burden of manual token burning and automate the entire system.
According to some experts, advancement of the L2 scaling solution might also fuel SHIB’s possible upswing. Launched in August last year, Shibarium aims to foster the growth of the meme coin’s ecosystem by reducing transaction fees and improving speed. More details about the feature can be found in the video below:
Another key factor that could propel a SHIB rally could be a potential revival of the meme coin sector. Assets of that type sometimes follow each others’ steps, and currently, there are quite a lot situated well in the green.
This is especially true for meme coins that are built on Solana, which have seen a substantial upswing throughout the past weeks.
#ALT #BTC🔥🔥 #etf #SHIB💥 $SHIB
Check out why SHIB's price might start pumping soon.
TL;DR
Some important elements indicate a potential upswing for Shiba in the short term.
Developments in SHIB’s layer-2 blockchain solution and a resurgence of the meme coin sector could support this rally.
Is it Time for a SHIB Rally?
(SHIB), similar to many other cryptocurrencies, has underperformed in the past several days, with its price plunging by 3% on a two-week scale (per CoinGecko’s data). However, some essential metrics and factors hint that the correction might be near its end.
According to CryptoQuant, SHIB exchange netflow has been positive only once in the past eight days. Shifting from centralized exchanges to self-custody methods is considered bullish since it reduces the immediate selling pressure.
As CryptoPotato reported, the burn rate skyrocketed on multiple occasions in the previous weeks, with over 9 billion tokens destroyed since the beginning of 2024.
The mechanism aims to reduce the tremendous circulating supply of SHIB, making it scarcer and potentially more valuable in time.
Earlier this week, the team behind Shibarium (Shiba layer-2 blockchain solution) introduced an important update, which is designed to reduce the burden of manual token burning and automate the entire system.
According to some experts, advancement of the L2 scaling solution might also fuel SHIB’s possible upswing. Launched in August last year, Shibarium aims to foster the growth of the meme coin’s ecosystem by reducing transaction fees and improving speed. More details about the feature can be found in the video below:
Another key factor that could propel a SHIB rally could be a potential revival of the meme coin sector. Assets of that type sometimes follow each others’ steps, and currently, there are quite a lot situated well in the green.
This is especially true for meme coins that are built on Solana, which have seen a substantial upswing throughout the past weeks.
#ALT #BTC🔥🔥 #etf #SHIB💥 $SHIB
Where Will Shiba Inu (SHIB) Be in 5 Years?
Shiba Inu (SHIB) exploded onto the cryptocurrency scene in 2020 as a meme coin and alternative to the popular Dogecoin. Often referred to as a “Dogecoin killer,” SHIB saw massive growth in 2021, with its value increasing by over 10526694% at press time.However, like many cryptocurrencies, SHIB has seen significant volatility and has declined from its all-time high. In this article, we’ll explore various factors to predict where Shiba Inu Coin might stand in the next five years.Past Performance Points to Continued VolatilityAn analysis of SHIB’s historical price action reveals that extreme volatility is to be expected from this nascent asset. SHIB saw two major price spikes in 2021, followed by significant declines of over 70%. However, each decline was followed by a recovery.This rollercoaster trajectory mirrors that of other speculative assets, like Dogecoin. Based on this pattern, experts predict continued volatility for SHIB as the asset struggles to find stability and cement its value.Periods of growth could be followed by declining prices as investors take profits or move on to other assets. Utility and Adoption Remain Key QuestionsUnlike larger cryptocurrencies like Bitcoin and Ethereum, SHIB was created as a meme token without a specific real-world use case. The lack of utility has contributed to its speculative nature and shaky value. However, developers continue working to expand SHIB’s capabilities and partner with companies for adoption.Mainstream adoption remains elusive, but some predict integrations with big firms could eventually drive everyday usage and commerce. If SHIB can be accepted for common purchases, it could solidify its value. However, this milestone likely remains far off.Regulatory Roadblocks Threaten Market PessimismThe regulatory environment for cryptocurrencies remains uncertain, with laws still developing worldwide. Officials have expressed concerns over meme coins, in particular, for enabling speculative manias and potential market manipulation.In 2022, the high-profile FTX exchange collapse led to calls for stricter oversight of digital assets. Regulators seem intent on passing consumer protection laws that could restrict investors and exchange operations. While regulations can enable healthier markets long-term, the short-term impact may be negative. Strict restrictions could dampen enthusiasm and depress prices.Where will Shiba Inu (SHIB) be in 5 years?Experts at Changelly have given their predictions for Shiba Inu in 2029, which is five years from now. According to the experts, SHIB is likely to trade around an average price of $0.000083. Shiba Inu is likely to hover around a minimum price of $0.000080 and a maximum of $0.000095 throughout 2029.In the world of meme coins like SHIB, market psychology overrides standard valuation models. Prices are heavily influenced by social media hype, online communities, and investor speculation.This was evidenced by the meme coin rally of 2021, fueled by retail traders on platforms like Reddit. If the “meme magic” captivates audiences again, another SHIB price surge could materialize regardless of fundamentals.#Write2Earn #ShibaInvestment
#SHIB Hold for the long term, don't get off halfway, have everything you want .🔥
$SHIB
#PYTH #Write2Earn #ShibaPriceAnalysys #ShibaInvestment
$SHIB
#PYTH #Write2Earn #ShibaPriceAnalysys #ShibaInvestment
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Crypto Web3 Today
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Bikajellegű
Shiba Inu (SHIB) Loses Momentum, But Revival Is Imminent, Here's How.
Shiba Inu (SHIB) is losing momentum in no small way as the broader crypto market gives up its gains in a rapid manner. The second-largest meme coin has dropped by 2.77% in the past 24 hours with price trading on spot exchanges at $0.000009823. With trading volume dropping by more than 17% to $196,265,702, the token has proven at the mercy of its bears in the short term.
The latest erratic bull-bear action has forced Shiba Inu to give up some of its gains, with the token losing another zero.
Over the past month, Shiba Inu has added and lost new figures, but it has ultimately failed to turn the $0.00001 price level into an actual support zone. The market sentiment surrounding Shiba Inu is very bearish, but a metric remains promising to show that an imminent uptrend cannot be ruled out in the long term.
On-chain data shows that despite the latest bouts of sell-offs, Shiba Inu is still in "Greed" on the Fear and Greed Index. This implies that Shiba Inu bulls still have the hidden desire to go all out on the token, and given the right conditions, they may resume accumulating the coin.
Shiba Inu metrics at tipping points.
While the drop in the price of Shiba Inu is a function of the sentiment in the wider market outlook, its key on-chain metrics are also at a tipping. The Shibarium transaction count has slumped to its lowest level in months, with only 1.33 million transactions recorded in the past 24 hours.
The burn rate is also down by 95%
overnight, with just a tiny 820,007 SHIB
burned thus far. These same metrics could
flip at any time in response to the
underlying market greed, and they may play a crucial role in returning SHIB to its
winning ways as they have always done.
Shiba Inu (SHIB) is losing momentum in no small way as the broader crypto market gives up its gains in a rapid manner. The second-largest meme coin has dropped by 2.77% in the past 24 hours with price trading on spot exchanges at $0.000009823. With trading volume dropping by more than 17% to $196,265,702, the token has proven at the mercy of its bears in the short term.
The latest erratic bull-bear action has forced Shiba Inu to give up some of its gains, with the token losing another zero.
Over the past month, Shiba Inu has added and lost new figures, but it has ultimately failed to turn the $0.00001 price level into an actual support zone. The market sentiment surrounding Shiba Inu is very bearish, but a metric remains promising to show that an imminent uptrend cannot be ruled out in the long term.
On-chain data shows that despite the latest bouts of sell-offs, Shiba Inu is still in "Greed" on the Fear and Greed Index. This implies that Shiba Inu bulls still have the hidden desire to go all out on the token, and given the right conditions, they may resume accumulating the coin.
Shiba Inu metrics at tipping points.
While the drop in the price of Shiba Inu is a function of the sentiment in the wider market outlook, its key on-chain metrics are also at a tipping. The Shibarium transaction count has slumped to its lowest level in months, with only 1.33 million transactions recorded in the past 24 hours.
The burn rate is also down by 95%
overnight, with just a tiny 820,007 SHIB
burned thus far. These same metrics could
flip at any time in response to the
underlying market greed, and they may play a crucial role in returning SHIB to its
winning ways as they have always done.
Dear Binance users 🚀 Hold #ShibaInvestment
Don't open save account or Fixed deposit account with your Bank. 🚨 can you calculations about interesting for money 😀 also you can calculations with Crypto Investment profit 🚀
💥 I will give you a tip 💥
Do you have a baby🕊 please create a Binance account & buy Bitcoin or shiba inu coin hold still 18 years. that baby after the 18 years old Millionaire 💖
so keep your mind your money keep with blockchain money it's mean Bitcoin or Shiba inu coin.
#VIPElevateandEarn #BTC #cryptocurrecny #ETH-ETF
Don't open save account or Fixed deposit account with your Bank. 🚨 can you calculations about interesting for money 😀 also you can calculations with Crypto Investment profit 🚀
💥 I will give you a tip 💥
Do you have a baby🕊 please create a Binance account & buy Bitcoin or shiba inu coin hold still 18 years. that baby after the 18 years old Millionaire 💖
so keep your mind your money keep with blockchain money it's mean Bitcoin or Shiba inu coin.
#VIPElevateandEarn #BTC #cryptocurrecny #ETH-ETF
225 Billion Shiba Inu (SHIB) Disappear From Major US Exchange in Unknown Wallet #ShibaInvestment
In a startling turn of events, a mysterious whale has made waves by withdrawing a staggering 225 billion Shiba Inu (SHIB) tokens from prominent U.S. exchange Coinbase, according to Etherscan data. The enigmatic figure behind this move remains unknown, sparking intrigue and speculation.
Over the span of just two days, this elusive entity orchestrated two substantial withdrawals. The first transaction saw a hefty 132.22 billion SHIB tokens leaving Coinbase, followed swiftly by an additional 92.83 billion tokens in the last 24 hours. As of now, the total value of this wallet, which holds only Shiba Inu tokens, is estimated at $1.99 million dollars.
The timing of this massive transfer has prompted scrutiny, particularly as it coincides with a period of relative stability in SHIB's price. Despite the significant movement of tokens, the price of Shiba Inu has remained relatively unchanged over the past 15 days, hovering around $0.000009 per token. One may suggest that this period of stagnation may signify an accumulation phase, with anticipation building for a potential surge in the near future.
Indeed, the actions of this anonymous whale underscore the strategic maneuvers of large investors within the crypto market. While the direction of SHIB's price movement remains uncertain, the substantial withdrawals from Coinbase hint at bullish sentiment among certain influential players.
As the community eagerly awaits the next move, all eyes remain fixed on the enigmatic figure behind the disappearance of 225 billion SHIB tokens from one of the largest exchanges in the United States.
#tia #BTC #ETH #Write2Earn
In a startling turn of events, a mysterious whale has made waves by withdrawing a staggering 225 billion Shiba Inu (SHIB) tokens from prominent U.S. exchange Coinbase, according to Etherscan data. The enigmatic figure behind this move remains unknown, sparking intrigue and speculation.
Over the span of just two days, this elusive entity orchestrated two substantial withdrawals. The first transaction saw a hefty 132.22 billion SHIB tokens leaving Coinbase, followed swiftly by an additional 92.83 billion tokens in the last 24 hours. As of now, the total value of this wallet, which holds only Shiba Inu tokens, is estimated at $1.99 million dollars.
The timing of this massive transfer has prompted scrutiny, particularly as it coincides with a period of relative stability in SHIB's price. Despite the significant movement of tokens, the price of Shiba Inu has remained relatively unchanged over the past 15 days, hovering around $0.000009 per token. One may suggest that this period of stagnation may signify an accumulation phase, with anticipation building for a potential surge in the near future.
Indeed, the actions of this anonymous whale underscore the strategic maneuvers of large investors within the crypto market. While the direction of SHIB's price movement remains uncertain, the substantial withdrawals from Coinbase hint at bullish sentiment among certain influential players.
As the community eagerly awaits the next move, all eyes remain fixed on the enigmatic figure behind the disappearance of 225 billion SHIB tokens from one of the largest exchanges in the United States.
#tia #BTC #ETH #Write2Earn
#shib Massive 76 Billion Shiba Inu (SHIB) Burned in 2023: Details
Shiba Inu’s burning mechanism saw a record spike in December when around 36 billion assets were destroyed.
MASSIVE 76 BILLION SHIBA INU (SHIB) BURNED IN 2023: DETAILS
Massive 76 Billion Shiba Inu (SHIB) Burned in 2023: Details
Author: Dimitar Dzhondzhorov
Last Updated Jan 2, 2024 @ 12:45
Shiba Inu’s burning mechanism saw a record spike in December when around 36 billion assets were destroyed.
TL;DR
Shiba Inu Token Burns in 2023: Shiba Inu burned over 76 billion tokens in 2023, a decrease from the previous year, with December seeing the highest burn rate.
Shibarium’s Development: Shiba Inu’s Shibarium, a layer-2 blockchain solution, has shown significant progress, recording a high number of transactions and blocks.
Shiba Inu’s Recent Price Trends: The asset’s value has shown an uptrend, with a significant increase in the past month.
Shiba Inu’s Burn Rate Last Year
The popular memecoin project – Shiba Inu – witnessed over 76 billion tokens burned throughout 2023 (equaling more than $820,000 at current prices), representing an 8.33% decrease compared to 2022. The record month was December, when approximately 35 billion assets were destroyed.
Despite sounding quite substantial, the figure represents a tiny chunk of Shiba Inu’s tremendous circulating supply of nearly 590 trillion. The mechanism aims to reduce that supply, making SHIB more scarce and potentially valuable in time.
The asset’s price has been on an uptrend lately, spiking by 5% in the past 24 hours and around 30% on a monthly basis (per CoinGecko’s data).
#ShibaBurns #ShibaInvestment #btc
Shiba Inu’s burning mechanism saw a record spike in December when around 36 billion assets were destroyed.
MASSIVE 76 BILLION SHIBA INU (SHIB) BURNED IN 2023: DETAILS
Massive 76 Billion Shiba Inu (SHIB) Burned in 2023: Details
Author: Dimitar Dzhondzhorov
Last Updated Jan 2, 2024 @ 12:45
Shiba Inu’s burning mechanism saw a record spike in December when around 36 billion assets were destroyed.
TL;DR
Shiba Inu Token Burns in 2023: Shiba Inu burned over 76 billion tokens in 2023, a decrease from the previous year, with December seeing the highest burn rate.
Shibarium’s Development: Shiba Inu’s Shibarium, a layer-2 blockchain solution, has shown significant progress, recording a high number of transactions and blocks.
Shiba Inu’s Recent Price Trends: The asset’s value has shown an uptrend, with a significant increase in the past month.
Shiba Inu’s Burn Rate Last Year
The popular memecoin project – Shiba Inu – witnessed over 76 billion tokens burned throughout 2023 (equaling more than $820,000 at current prices), representing an 8.33% decrease compared to 2022. The record month was December, when approximately 35 billion assets were destroyed.
Despite sounding quite substantial, the figure represents a tiny chunk of Shiba Inu’s tremendous circulating supply of nearly 590 trillion. The mechanism aims to reduce that supply, making SHIB more scarce and potentially valuable in time.
The asset’s price has been on an uptrend lately, spiking by 5% in the past 24 hours and around 30% on a monthly basis (per CoinGecko’s data).
#ShibaBurns #ShibaInvestment #btc
According to analysts, Shiba Inu will not be worth $1. 🤯🐕😰
The Shiba Inu cryptocurrency has been a subject of intense speculation and volatility, prompting investors to closely examine various indicators to gauge its future price movements. In this analysis, we delve into key factors that suggest a potential decrease in Shiba Inu's price.
Recent data from Santiment reveals a decline in new Shiba Inu addresses, signaling reduced market participation. This decline in activity may indicate waning interest among investors.
Analysts highlight the foreign exchange inflow of 24.88 billion SHIB, exceeding the outflow of 17.53 billion. This imbalance indicates a prevailing selling trend among market participants, which could potentially impact the value of the token.
The overall sentiment in the market is leaning towards selling rather than accumulation. This imbalance raises doubts about the likelihood of Shiba Inu approaching the coveted $1 mark, despite the potential for short-term price increases.
Shiba Inu's All-Time High (ATH) at $0.000086 marks a substantial 91.30% drop, posing a challenge for a swift recovery. The historical context of this drop emphasizes the uphill battle for Shiba Inu to regain lost ground.
Glassnode's NVT Signal, based on a 90-day moving average of daily transaction volume, suggests an increasing trend. While low NVT values typically align with market bottoms, Shiba Inu's current NVT Signal does not indicate a favorable trading discount.
Considering these factors, the short-term outlook for Shiba Inu appears to be challenging. The NVT Signal, combined with other metrics, points towards a possible decrease in the token's price. This raises concerns about the feasibility of Shiba Inu reaching the $1 mark in the long run.
Exercise caution with Shiba Inu due to current market conditions and metrics. Price increases are possible, but hurdles in the short and long term advise against overly optimistic predictions. Stay informed for well-informed decisions.
#SHIB #SHIBAnalysis #ShibaPriceAnalysys #ShibaInvestment #ShibaInuSurge
The Shiba Inu cryptocurrency has been a subject of intense speculation and volatility, prompting investors to closely examine various indicators to gauge its future price movements. In this analysis, we delve into key factors that suggest a potential decrease in Shiba Inu's price.
Recent data from Santiment reveals a decline in new Shiba Inu addresses, signaling reduced market participation. This decline in activity may indicate waning interest among investors.
Analysts highlight the foreign exchange inflow of 24.88 billion SHIB, exceeding the outflow of 17.53 billion. This imbalance indicates a prevailing selling trend among market participants, which could potentially impact the value of the token.
The overall sentiment in the market is leaning towards selling rather than accumulation. This imbalance raises doubts about the likelihood of Shiba Inu approaching the coveted $1 mark, despite the potential for short-term price increases.
Shiba Inu's All-Time High (ATH) at $0.000086 marks a substantial 91.30% drop, posing a challenge for a swift recovery. The historical context of this drop emphasizes the uphill battle for Shiba Inu to regain lost ground.
Glassnode's NVT Signal, based on a 90-day moving average of daily transaction volume, suggests an increasing trend. While low NVT values typically align with market bottoms, Shiba Inu's current NVT Signal does not indicate a favorable trading discount.
Considering these factors, the short-term outlook for Shiba Inu appears to be challenging. The NVT Signal, combined with other metrics, points towards a possible decrease in the token's price. This raises concerns about the feasibility of Shiba Inu reaching the $1 mark in the long run.
Exercise caution with Shiba Inu due to current market conditions and metrics. Price increases are possible, but hurdles in the short and long term advise against overly optimistic predictions. Stay informed for well-informed decisions.
#SHIB #SHIBAnalysis #ShibaPriceAnalysys #ShibaInvestment #ShibaInuSurge
$SHIB I’m going to share why portfolio went into loss from profits😔$DOGE
I entered into the crypto in 2018 and invested in top 10 coins and having profits in portfolio. Everything is going good until I listen to my friend who talks about unrealistic growth in meme coins. I really got good profits in Etherum and in Digecoin( because of Ellon musk tweet).
We don’t excited for realistic facts rather than who tells with a caption with only 10$ investment you will make 1000-5000$ in one year. In practically it won’t be possible in meme coins.
My friend keep on talking about this most famous meme coin $SHIB Even I fall for it and invested even more. I thought it was game changing coin. I invested 500$ and i got profits in the beginning and i started telling to my friends and family members to invest more and more. Then it suddenly went down. Almost every member I told and including me, end up in 70-80% in loss.
Dear my followers and friends,
I sincerely request not to invest more percentage of money in meme coins rather than stable coins.
Don’t get tempted with the captions which makes you to invest in fake projects.
Hope this Shibainu coin goes into profit and all of you who ever invested they should sell in profits only rather than selling in losses.
#Write2Earn #ETH #doge #ShibaPriceAnalysys #ShibaInvestment
I entered into the crypto in 2018 and invested in top 10 coins and having profits in portfolio. Everything is going good until I listen to my friend who talks about unrealistic growth in meme coins. I really got good profits in Etherum and in Digecoin( because of Ellon musk tweet).
We don’t excited for realistic facts rather than who tells with a caption with only 10$ investment you will make 1000-5000$ in one year. In practically it won’t be possible in meme coins.
My friend keep on talking about this most famous meme coin $SHIB Even I fall for it and invested even more. I thought it was game changing coin. I invested 500$ and i got profits in the beginning and i started telling to my friends and family members to invest more and more. Then it suddenly went down. Almost every member I told and including me, end up in 70-80% in loss.
Dear my followers and friends,
I sincerely request not to invest more percentage of money in meme coins rather than stable coins.
Don’t get tempted with the captions which makes you to invest in fake projects.
Hope this Shibainu coin goes into profit and all of you who ever invested they should sell in profits only rather than selling in losses.
#Write2Earn #ETH #doge #ShibaPriceAnalysys #ShibaInvestment
