ShibaPricePrediction
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🚨 Will 13 Trillion SHIB Hold or Break? I Sense Massive Bullish 🚀
Shiba Inu (SHIB) is at a critical point as it approaches the 13 trillion SHIB support level. 🔥 This zone could either trigger a comeback rally or open the door for a deeper drop.
SHIB recently failed to stay above $0.00002800, showing weak momentum. 📉 If the current support breaks, prices might fall to $0.00002249 or even $0.00002031—levels bulls must defend to avoid bigger losses.
Trading volume has dropped significantly, showing less interest from buyers and sellers. Without a volume boost, recovery could be tough. But if buyers step in and hold this key level, SHIB could rally back toward $0.00003000! 🚀
For now, all eyes are on 13 trillion SHIB. Will it hold strong or crack under pressure? 👀
#ShibaPricePrediction $SHIB
Shiba Inu (SHIB) is at a critical point as it approaches the 13 trillion SHIB support level. 🔥 This zone could either trigger a comeback rally or open the door for a deeper drop.
SHIB recently failed to stay above $0.00002800, showing weak momentum. 📉 If the current support breaks, prices might fall to $0.00002249 or even $0.00002031—levels bulls must defend to avoid bigger losses.
Trading volume has dropped significantly, showing less interest from buyers and sellers. Without a volume boost, recovery could be tough. But if buyers step in and hold this key level, SHIB could rally back toward $0.00003000! 🚀
For now, all eyes are on 13 trillion SHIB. Will it hold strong or crack under pressure? 👀
#ShibaPricePrediction $SHIB
SilkRoad101:
This coin really tests your patience level.
how to get some red packets? need to increase my fund balance. please help.
$SHIB $BTC $ETH #BTC #ShibaPricePrediction
$SHIB $BTC $ETH #BTC #ShibaPricePrediction
Shiba Inu (SHIB) is a cryptocurrency that was inspired by the popular doge meme. It has gained a lot of attention and popularity in 2021, reaching an all-time high of $0.00009 in October. However, since then, it has lost most of its value and is currently trading at around $0.00001. Many investors are wondering if Shiba Inu can recover and reach new heights in 2024. According to various sources and experts, the answer is not very optimistic. Most predictions suggest that Shiba Inu will remain below $0.0001 for the next few years, and some even say that it will never reach $0.01 in the foreseeable future. The main challenges that Shiba Inu faces are the lack of innovation, regulation, and competition from other meme coins. Therefore, unless something drastic changes, Shiba Inu may not be a good investment option for long-term holders. 😕
#Write2Earn #information #uma #MANTA #ShibaPricePrediction
#Write2Earn #information #uma #MANTA #ShibaPricePrediction
Can you become a millionaire with Shiba Inu (SHIB) in 2024?
Shiba Inu (SHIB) has turned many early investors into millionaires and, in some cases, even billionaires. However, the popular dog-themed memecoin has plummeted by over 87% from its 2021 highs. Many investors wonder if they have missed the boat with SHIB. Meanwhile, others hope that the memecoin’s price will reach new heights in 2024.
Since Jan. 1, 2023, SHIB’s price has risen by about 30%. Although the growth is commendable, it falls short compared to Solana (SOL), which has surged by nearly 1000%, or Bitcoin (BTC), which has surged by over 150% in the same time frame.
There is a chance that SHIB could reclaim its all-time high of $0.00008616, which it attained in October 2021. However, SHIB requires a few developments to reach its previous peak.
Firstly, we need to enter a 2021-like bull run. There is a lot of talk about a potential bull market for the cryptocurrency space in 2024. Analysts point to the probability of a spot Bitcoin (BTC) ETF (Exchange Traded Fund) approval and BTC’s halving event as potential drivers for a bull run.
Secondly, Shiba Inu (SHIB) will need a significant rise in adoption. The project launched its layer-2 network, Shibarium, in August 2023. However, the launch did not push the asset’s price by much. Nonetheless, as more applications launch on Shibarium, SHIB’s adoption may increase. More adoption may lead to a rise in the token’s price.
Thirdly, Shiba Inu (SHIB) burns need to increase. The SHIB team has revealed that the Shibarium network will begin burning tokens this month. Some have even said the network can remove trillions of tokens yearly. If such is the case, SHIB may see a significant price rise.
Shiba Inu (SHIB) could reclaim or surpass its previous all-time high if it meets all three factors. In such a scenario, investors who bought at a low could make millions in profit.
#ShibaPricePrediction #ShibaPriceAnalysys #ShibaInuSurge #SHIB💥 #CryptoScoop
$SHIB
Shiba Inu (SHIB) has turned many early investors into millionaires and, in some cases, even billionaires. However, the popular dog-themed memecoin has plummeted by over 87% from its 2021 highs. Many investors wonder if they have missed the boat with SHIB. Meanwhile, others hope that the memecoin’s price will reach new heights in 2024.
Since Jan. 1, 2023, SHIB’s price has risen by about 30%. Although the growth is commendable, it falls short compared to Solana (SOL), which has surged by nearly 1000%, or Bitcoin (BTC), which has surged by over 150% in the same time frame.
There is a chance that SHIB could reclaim its all-time high of $0.00008616, which it attained in October 2021. However, SHIB requires a few developments to reach its previous peak.
Firstly, we need to enter a 2021-like bull run. There is a lot of talk about a potential bull market for the cryptocurrency space in 2024. Analysts point to the probability of a spot Bitcoin (BTC) ETF (Exchange Traded Fund) approval and BTC’s halving event as potential drivers for a bull run.
Secondly, Shiba Inu (SHIB) will need a significant rise in adoption. The project launched its layer-2 network, Shibarium, in August 2023. However, the launch did not push the asset’s price by much. Nonetheless, as more applications launch on Shibarium, SHIB’s adoption may increase. More adoption may lead to a rise in the token’s price.
Thirdly, Shiba Inu (SHIB) burns need to increase. The SHIB team has revealed that the Shibarium network will begin burning tokens this month. Some have even said the network can remove trillions of tokens yearly. If such is the case, SHIB may see a significant price rise.
Shiba Inu (SHIB) could reclaim or surpass its previous all-time high if it meets all three factors. In such a scenario, investors who bought at a low could make millions in profit.
#ShibaPricePrediction #ShibaPriceAnalysys #ShibaInuSurge #SHIB💥 #CryptoScoop
$SHIB
#prediction 🚨 **Shiba Inu Investment Insights: Riding the Wave to Millionaire Status** 🚀
📈 Shiba Inu (SHIB) enthusiasts are buzzing as the crypto inches closer to the $0.001 mark, sparking speculation of substantial gains. Here's a breakdown of potential investments and considerations for those eyeing millionaire status:
1️⃣ **Investment Breakdown:**
- To make $1 million at $0.001, you'd need 1 billion SHIB, requiring a $9,530 investment.
- Aiming for $9 million? That's 9 billion SHIB, with a more substantial investment of $85,770.
2️⃣ **Speculative Nature:**
- While optimism prevails, it's crucial to acknowledge the speculative nature of these projections.
- No guaranteed assurance that SHIB will hit the $0.001 milestone.
3️⃣ **Disclaimer and Caution:**
- This post is for informational purposes only, not an investment guide.
- Cryptocurrency investments carry risks; market conditions can change rapidly.
- Conduct thorough research and seek professional advice before investing.
4️⃣ **Comparing to All-Time High:**
- The $0.001 target surpasses SHIB's previous ATH by 10,493%, signaling an ambitious surge.
- Current trading at $0.00000953 reflects an 88.7% decline from the ATH.
5️⃣ **Social Media Strategy:**
- Excite followers with Shiba Inu's potential, but emphasize caution.
- Use popular hashtags like **Shibapriceprediction **DYOR (Do Your Own Research).
- Craft engaging visuals and captions to #capture attention on Binance.
Investors tread carefully, balancing excitement with caution, as Shiba Inu aims for new heights. The road to millionaire status is alluring, but diligence and awareness of the speculative nature of crypto markets are paramount. #ShibaPricePrediction #BTC
📈 Shiba Inu (SHIB) enthusiasts are buzzing as the crypto inches closer to the $0.001 mark, sparking speculation of substantial gains. Here's a breakdown of potential investments and considerations for those eyeing millionaire status:
1️⃣ **Investment Breakdown:**
- To make $1 million at $0.001, you'd need 1 billion SHIB, requiring a $9,530 investment.
- Aiming for $9 million? That's 9 billion SHIB, with a more substantial investment of $85,770.
2️⃣ **Speculative Nature:**
- While optimism prevails, it's crucial to acknowledge the speculative nature of these projections.
- No guaranteed assurance that SHIB will hit the $0.001 milestone.
3️⃣ **Disclaimer and Caution:**
- This post is for informational purposes only, not an investment guide.
- Cryptocurrency investments carry risks; market conditions can change rapidly.
- Conduct thorough research and seek professional advice before investing.
4️⃣ **Comparing to All-Time High:**
- The $0.001 target surpasses SHIB's previous ATH by 10,493%, signaling an ambitious surge.
- Current trading at $0.00000953 reflects an 88.7% decline from the ATH.
5️⃣ **Social Media Strategy:**
- Excite followers with Shiba Inu's potential, but emphasize caution.
- Use popular hashtags like **Shibapriceprediction **DYOR (Do Your Own Research).
- Craft engaging visuals and captions to #capture attention on Binance.
Investors tread carefully, balancing excitement with caution, as Shiba Inu aims for new heights. The road to millionaire status is alluring, but diligence and awareness of the speculative nature of crypto markets are paramount. #ShibaPricePrediction #BTC
Shiba Inu (SHIB) Price and Market Update
The price of Shiba Inu (SHIB) has displayed positive signs, especially with a notable bullish candlestick observed on January 11. This candlestick prevented a possible decline from a small support level.
Alongside this, the approval of Bitcoin spot ETFs adds curiosity about where SHIB’s price might go next and whether it will be influenced by overall market trends.
Shiba Inu (SHIB) Technical Analysis and Price Trends
Shiba Inu’s recent journey from a descending resistance trend line, experienced since August 2022, to a low of $0.0000054 in June 2023, has been marked by significant developments. A crucial turning point occurred in December 2023 when SHIB’s price broke above the descending resistance trend line after over 480 days. Although the price reached a high of $0.000011 post-breakout, it underwent a subsequent decline. However, last week’s confirmation of the trend line as support and the resulting bounce signify positive indicators.
The Relative Strength Index (RSI), a pivotal momentum indicator, currently stands above 50, indicating a bullish trend. SHIB’s price has been trading within an ascending parallel channel since June 2022, reaching a peak of $0.0000119 on December 17, 2023. Despite a recent dip below the channel’s midline and the RSI falling below 50, the formation of a bullish candlestick today suggests a potential upward movement.
Current Status and Potential Movements of Shiba Inu (SHIB)
At the moment, SHIB is valued at $0.00001011, showing a 24-hour gain of +4.23%. The highest and lowest points within the past 24 hours were $0.00001018 and $0.00000911, respectively. Trading volume for SHIB in the last 24 hours is recorded at 6,675,978,605,530.00, accompanied by a corresponding volume in USDT of 64,439,250.76. The RSI stands at 52.7, indicating an uptrend of 7% today.
Maintaining its position above the minor support level of $0.0000092 could potentially lead to a 27% increase to the channel’s resistance trend line at $0.0000123. However, if SHIB closes below $0.0000092, this optimistic scenario may be invalidated, potentially resulting in a 22% decline to the channel’s support trend line at $0.0000077.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#shibainu #ShibaPricePrediction $SHIB
Alongside this, the approval of Bitcoin spot ETFs adds curiosity about where SHIB’s price might go next and whether it will be influenced by overall market trends.
Shiba Inu (SHIB) Technical Analysis and Price Trends
Shiba Inu’s recent journey from a descending resistance trend line, experienced since August 2022, to a low of $0.0000054 in June 2023, has been marked by significant developments. A crucial turning point occurred in December 2023 when SHIB’s price broke above the descending resistance trend line after over 480 days. Although the price reached a high of $0.000011 post-breakout, it underwent a subsequent decline. However, last week’s confirmation of the trend line as support and the resulting bounce signify positive indicators.
The Relative Strength Index (RSI), a pivotal momentum indicator, currently stands above 50, indicating a bullish trend. SHIB’s price has been trading within an ascending parallel channel since June 2022, reaching a peak of $0.0000119 on December 17, 2023. Despite a recent dip below the channel’s midline and the RSI falling below 50, the formation of a bullish candlestick today suggests a potential upward movement.
Current Status and Potential Movements of Shiba Inu (SHIB)
At the moment, SHIB is valued at $0.00001011, showing a 24-hour gain of +4.23%. The highest and lowest points within the past 24 hours were $0.00001018 and $0.00000911, respectively. Trading volume for SHIB in the last 24 hours is recorded at 6,675,978,605,530.00, accompanied by a corresponding volume in USDT of 64,439,250.76. The RSI stands at 52.7, indicating an uptrend of 7% today.
Maintaining its position above the minor support level of $0.0000092 could potentially lead to a 27% increase to the channel’s resistance trend line at $0.0000123. However, if SHIB closes below $0.0000092, this optimistic scenario may be invalidated, potentially resulting in a 22% decline to the channel’s support trend line at $0.0000077.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#shibainu #ShibaPricePrediction $SHIB
"Future Worth of a $1,000 Shiba Inu Investment a Decade from Now"
Investments in Shiba Inu (SHIB) may yield substantial gains in the next few years if the bullish projections for the token play out.
Read more on: https://thecryptobasic.com/2024/01/24/what-will-1000-invested-in-shiba-inu-now-be-worth-in-2030/
#ShibaPricePrediction #Crypto #Cryptocurrency.market #CryptoNewsFlash #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/24/what-will-1000-invested-in-shiba-inu-now-be-worth-in-2030/
#ShibaPricePrediction #Crypto #Cryptocurrency.market #CryptoNewsFlash #CryptoNews🔒📰🚫
Here Are Returns on 10M, 100M, 300M, and 500M Shiba Inu Holdings if SHIB Hits $0.0009 or $0.009
Advocates of Shiba Inu (SHIB) persist in anticipating a significant surge in the asset’s price, setting ambitious targets at levels such as $0.0009 and $0.009.
Achieving the $0.0009 target would value 10 million SHIB tokens at $9,000. Currently valued at $94.57, these tokens offer a potential return of up to $8,905.43
However, investors with 100 million SHIB tokens could see a more remarkable increase in the value of their holdings if the price reaches $0.0009. This would elevate their holdings to $90,000.
With 100 million SHIB currently valued at $945.7, the $0.0009 price target presents a potential return of $89,054.3.
Similarly, an investor currently holding 300 million Shiba Inu tokens stands to witness the value of their portfolio rise to $270,000. Essentially, the present market value of $2,837.1 results in an ROI of $267,162.9.
. If Shiba Inu reaches $0.0009, the value of these tokens would amount to a staggering $450,000, significantly exceeding their current value of $4,728.5. This implies potential returns of $445,271.5.
Furthermore, if SHIB reaches $0.009, 10 million tokens would be worth $90,000. With the current acquisition cost of $94.57, investors have an opportunity for a significant return of $89,905.
Meanwhile, for investors holding 100 million tokens, their holdings could reach $900,000. This marks a consequential increase from the current value of $945.7, implying an ROI of $899,054.
Similarly, 300 million Shiba Inu tokens for $0.009 would be valued at $2,700,000, significantly surpassing the current value of $2,837.1.
In parallel, a 500 million Shiba Inu portfolio today would be worth $4,500,000 when the asset is worth $0.009. Remarkably, this astounding figure represents an extraordinary profit of $4,495,271 from the initial modest investment of $4,728.5.
#ShibaPriceAnalysys #ShibaPricePrediction #ShibaInvestment #ShibaBurns #CryptoScoop
Advocates of Shiba Inu (SHIB) persist in anticipating a significant surge in the asset’s price, setting ambitious targets at levels such as $0.0009 and $0.009.
Achieving the $0.0009 target would value 10 million SHIB tokens at $9,000. Currently valued at $94.57, these tokens offer a potential return of up to $8,905.43
However, investors with 100 million SHIB tokens could see a more remarkable increase in the value of their holdings if the price reaches $0.0009. This would elevate their holdings to $90,000.
With 100 million SHIB currently valued at $945.7, the $0.0009 price target presents a potential return of $89,054.3.
Similarly, an investor currently holding 300 million Shiba Inu tokens stands to witness the value of their portfolio rise to $270,000. Essentially, the present market value of $2,837.1 results in an ROI of $267,162.9.
. If Shiba Inu reaches $0.0009, the value of these tokens would amount to a staggering $450,000, significantly exceeding their current value of $4,728.5. This implies potential returns of $445,271.5.
Furthermore, if SHIB reaches $0.009, 10 million tokens would be worth $90,000. With the current acquisition cost of $94.57, investors have an opportunity for a significant return of $89,905.
Meanwhile, for investors holding 100 million tokens, their holdings could reach $900,000. This marks a consequential increase from the current value of $945.7, implying an ROI of $899,054.
Similarly, 300 million Shiba Inu tokens for $0.009 would be valued at $2,700,000, significantly surpassing the current value of $2,837.1.
In parallel, a 500 million Shiba Inu portfolio today would be worth $4,500,000 when the asset is worth $0.009. Remarkably, this astounding figure represents an extraordinary profit of $4,495,271 from the initial modest investment of $4,728.5.
#ShibaPriceAnalysys #ShibaPricePrediction #ShibaInvestment #ShibaBurns #CryptoScoop
Google Bard Predicts Shiba Inu Price if Bitcoin Hits $500,000 as Forecasted by Bloomberg
Predicting Shiba Inu Price with Bitcoin at $500,000
Based on these factors, Google Bard forecasts that a surge in Bitcoin’s price to $500,000 could potentially result in a 500% to 1,000% increase in Shiba Inu’s price.
This estimate places Shiba Inu at a price range of $0.0000495 to $0.0000990, as SHIB currently trades for $0.00000970.
Shiba Inu (SHIB) could see a significant boost in its price if Bitcoin (BTC) reaches the $500,000 mark predicted by Bloomberg, according to Google Bard, Google’s AI chatbot.
Recall that Bitcoin breached the $42,000 price mark last December for the first time in 20 months. Bloomberg called attention to this feat in a report on Dec. 4, 2023, touting the uptrend as the start of a new supercycle that might push BTC to $500,000.
Considering the cascading effects of Bitcoin’s price surges and slumps, should the crypto token skyrocket by over 10x to the $500,000 threshold, it could trigger a massive rally for other cryptocurrencies, including Shiba Inu.
We asked Google Bard to analyze the potential impact of the BTC rally on Shiba Inu. The chatbot noted that predicting the future price of any cryptocurrency, especially based on hypothetical scenarios, is very challenging and uncertain.
Factors Influencing Shiba Inu Price
However, it attempted to provide some insights, considering the following factors that influence Shiba Inu’s price.
Correlation with Bitcoin
According to Bard, Shiba Inu has a history of closely following Bitcoin’s price movements. A substantial rally in Bitcoin could result in a proportional increase in Shiba Inu’s value, although the degree of correlation remains subject to market sentiment.
Shiba Inu Ecosystem Development
Bard called attention to the active development of Shiba Inu’s ecosystem, featuring a decentralized exchange (Shibaswap) and a Layer-2 scaling solution (Shibarium). He noted that these projects play a vital role.
#ShibaPricePrediction #BTC #etf #BONK #sol
$SHIB
Predicting Shiba Inu Price with Bitcoin at $500,000
Based on these factors, Google Bard forecasts that a surge in Bitcoin’s price to $500,000 could potentially result in a 500% to 1,000% increase in Shiba Inu’s price.
This estimate places Shiba Inu at a price range of $0.0000495 to $0.0000990, as SHIB currently trades for $0.00000970.
Shiba Inu (SHIB) could see a significant boost in its price if Bitcoin (BTC) reaches the $500,000 mark predicted by Bloomberg, according to Google Bard, Google’s AI chatbot.
Recall that Bitcoin breached the $42,000 price mark last December for the first time in 20 months. Bloomberg called attention to this feat in a report on Dec. 4, 2023, touting the uptrend as the start of a new supercycle that might push BTC to $500,000.
Considering the cascading effects of Bitcoin’s price surges and slumps, should the crypto token skyrocket by over 10x to the $500,000 threshold, it could trigger a massive rally for other cryptocurrencies, including Shiba Inu.
We asked Google Bard to analyze the potential impact of the BTC rally on Shiba Inu. The chatbot noted that predicting the future price of any cryptocurrency, especially based on hypothetical scenarios, is very challenging and uncertain.
Factors Influencing Shiba Inu Price
However, it attempted to provide some insights, considering the following factors that influence Shiba Inu’s price.
Correlation with Bitcoin
According to Bard, Shiba Inu has a history of closely following Bitcoin’s price movements. A substantial rally in Bitcoin could result in a proportional increase in Shiba Inu’s value, although the degree of correlation remains subject to market sentiment.
Shiba Inu Ecosystem Development
Bard called attention to the active development of Shiba Inu’s ecosystem, featuring a decentralized exchange (Shibaswap) and a Layer-2 scaling solution (Shibarium). He noted that these projects play a vital role.
#ShibaPricePrediction #BTC #etf #BONK #sol
$SHIB
The machine learning algorithm predicted that Shiba Inu’s price could be $0.00001166 on January 31, 2024.#ShibaPricePrediction
Shiba Inu: AI Predicts SHIB Price For Jan 31, 2024: What Could Its Price Be on January 31, 2024?#ShibaPriceAnalysys
A machine-learning algorithm has forecasted Shiba Inu’s prediction for January 31, 2024. The prediction highlights that SHIB will trade with four ‘zeros’ in the indices by the end of the month, up from its current price of five ‘zeros’. Therefore, SHIB could spike in price in a week, according to the algorithmic price prediction.
Shiba Inu is currently trading lower and has been down nearly 17% since 30 days. The bear markets are dragging SHIB down to new lows and is unable to claw back to its previous glory. SHIB is currently hovering around the $0.00000888 range in the indices on Thursday.
Moreover, there is no guarantee that SHIB will surge by 25% in the next seven days. The cryptocurrency market is highly volatile and cuts both ways delivering severe losses to investors. Therefore, it is advised to do thorough research before taking an entry position into SHIB currently.
#ALT #BTC
#Write2Earn
Tips…🐝$SHIB
Shiba Inu: AI Predicts SHIB Price For Jan 31, 2024: What Could Its Price Be on January 31, 2024?#ShibaPriceAnalysys
A machine-learning algorithm has forecasted Shiba Inu’s prediction for January 31, 2024. The prediction highlights that SHIB will trade with four ‘zeros’ in the indices by the end of the month, up from its current price of five ‘zeros’. Therefore, SHIB could spike in price in a week, according to the algorithmic price prediction.
Shiba Inu is currently trading lower and has been down nearly 17% since 30 days. The bear markets are dragging SHIB down to new lows and is unable to claw back to its previous glory. SHIB is currently hovering around the $0.00000888 range in the indices on Thursday.
Moreover, there is no guarantee that SHIB will surge by 25% in the next seven days. The cryptocurrency market is highly volatile and cuts both ways delivering severe losses to investors. Therefore, it is advised to do thorough research before taking an entry position into SHIB currently.
#ALT #BTC
#Write2Earn
Tips…🐝$SHIB
Doge rising sharply after Elon Musk announced that he would implement payments in X. (twitter.)
#TrendingTopic #ShibaPricePrediction
$DOGE
$BTC
#TrendingTopic #ShibaPricePrediction
$DOGE
$BTC
🚀 Shiba Inu Open Interest Rockets 25% to $18 Million Amidst Price Rally! 📈🐕
The Doge Killer, Shiba Inu (SHIB), has unleashed a spectacular turnaround from its extended losses, marking a substantial price surge. 🚀
📈 Notably, the meme crypto has also witnessed a remarkable spike in its derivatives investments, with open interest soaring by over 25% in the past 24 hours.
1. Shiba Inu OI Data Breakdown: Explosive Growth!
Coinglass, a leading crypto derivatives analytics platform, reveals that SHIB's open interest has surged by an impressive 25.23%, reaching a staggering $18.22 million at the time of writing. 📊
🚀 Additionally, the total derivatives volume for SHIB has seen a remarkable uptick of 36.34%, surging to an astonishing $56.83 million.
2. Exchange-wise OI Dynamics: OKX Dominates, Huobi Global Surges!
According to open interest data, OKX crypto exchange holds the lion's share in SHIB open interest, accounting for $7.29 million. This marks a platform-wise increase of 10.60% today. 🌐 On the other hand, Huobi Global takes the lead in the surge, boasting an 83.12% spike in SHIB open interest and claiming a substantial share of $5.16 million. Bitget follows suit with a $3.19 million SHIB open interest, registering a 10.56% hike.
3. SHIB Price Update: Green Pastures Ahead!
After enduring almost a month of bearish sessions, SHIB has stepped into greener pastures with a 1.79% increase, currently valued at $0.000009408. The market cap stands at $5.54 billion, marking a 1.72% uptick. 📈💚 The 24-hour trade volume has surged by 9.74%, reaching $157.39 million.
💥 Ride the SHIB Wave with The Blockopedia! 🌐🚀
#ShibaPrediction #ShibaPricePrediction #ShibaPricePrediction #cryptocurrency #crypto2024
The Doge Killer, Shiba Inu (SHIB), has unleashed a spectacular turnaround from its extended losses, marking a substantial price surge. 🚀
📈 Notably, the meme crypto has also witnessed a remarkable spike in its derivatives investments, with open interest soaring by over 25% in the past 24 hours.
1. Shiba Inu OI Data Breakdown: Explosive Growth!
Coinglass, a leading crypto derivatives analytics platform, reveals that SHIB's open interest has surged by an impressive 25.23%, reaching a staggering $18.22 million at the time of writing. 📊
🚀 Additionally, the total derivatives volume for SHIB has seen a remarkable uptick of 36.34%, surging to an astonishing $56.83 million.
2. Exchange-wise OI Dynamics: OKX Dominates, Huobi Global Surges!
According to open interest data, OKX crypto exchange holds the lion's share in SHIB open interest, accounting for $7.29 million. This marks a platform-wise increase of 10.60% today. 🌐 On the other hand, Huobi Global takes the lead in the surge, boasting an 83.12% spike in SHIB open interest and claiming a substantial share of $5.16 million. Bitget follows suit with a $3.19 million SHIB open interest, registering a 10.56% hike.
3. SHIB Price Update: Green Pastures Ahead!
After enduring almost a month of bearish sessions, SHIB has stepped into greener pastures with a 1.79% increase, currently valued at $0.000009408. The market cap stands at $5.54 billion, marking a 1.72% uptick. 📈💚 The 24-hour trade volume has surged by 9.74%, reaching $157.39 million.
💥 Ride the SHIB Wave with The Blockopedia! 🌐🚀
#ShibaPrediction #ShibaPricePrediction #ShibaPricePrediction #cryptocurrency #crypto2024
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🔥If You'd Invested $200 in Shiba Inu in 2020, This Is How Much You'd Have Now🔥
👉Click here to Read More 🔗
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#ShibaInvestment #ShibaPriceAnalysys #ShibaPricePrediction #ShibaInuCodes #SHIB/USDT $SHIB
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🔥If You'd Invested $200 in Shiba Inu in 2020, This Is How Much You'd Have Now
The meme coin has created a lot of crypto millionaires over the past three years.When Shiba Inu (SHIB 4.87%) was launched on Aug. 1, 2020, it was widely seen as a playful parody of Dogecoin (DOGE 6.01%), which arrived in 2013 and used the Shiba Inu dog as its mascot.Shiba Inu started trading at just $0.000000000056 per token on its first day. But it eventually soared to its all-time high of $0.00008616 on Oct. 28, 2021, and trades at about $0.00000947 today. In other words, a $200 investment in Shiba Inu would have briefly blossomed to $307.7 million before shrinking back to about $34.2 million today. The same investment in Bitcoin (BTC 0.65%) would only have grown to about $740 during the same period.Why did Shiba Inu skyrocket?At first, many crypto investors dismissed Shiba Inu as a one-off joke. It couldn't be directly mined like Bitcoin since its entire supply of 1 quadrillion coins had already been pre-mined on the Ethereum (ETH 11.42%) blockchain at the project's inception, and it seemed like a quick way to cash in on the speculative buying frenzy in hot altcoins.That's why Shiba Inu didn't attract too much mainstream attention through the end of 2020. But in 2021 its price skyrocketed as the bulls stampeded toward speculative investments like meme stocks and cryptocurrencies. That rally was broadly fueled by social media buzz, which drove many retail investors to buy cryptocurrencies for the first time; stimulus checks; and a so-called fear of missing out (FOMO), which pulled in even more investors.But that's not all. Shiba Inu's price was also lifted by the launch of ShibaSwap, a decentralized exchange which allows investors to trade their coins for other cryptocurrencies and earn interest from their staked coins; its listing on Coinbase(COIN -0.46%), one of the world's largest cryptocurrency exchanges; and its growing acceptance as a payment method among merchants like theater chain AMC(AMC -2.58%). Elon Musk's periodic tweets about Shiba Inu further amplified those gains.Shiba Inu's creators also gave half of all its coins to Ethereum co-founder Vitalik Buterin upon its launch. Buterin subsequently praised Shiba Inu and highlighted it as an example of new tokens that could be created on the Ethereum blockchain. All of that mainstream attention catapulted Shiba Inu from obscurity and turned it into a well-known cryptocurrency.Why did Shiba Inu pull back?Shiba Inu silenced a lot of its critics during its historic rally in 2021. But as its price skyrocketed, many investors cashed out. Buterin also donated 50 trillion of his coins (worth over $1 billion at the time) to India's COVID-Crypto Relief Fund in May 2021, then removed another 410 trillion tokens from circulation by "burning" them because he didn't want to personally own so many tokens from a project which he didn't personally oversee.Throughout 2022, inflation, rising interest rates, geopolitical conflicts, and other macro headwinds drove investors away from cryptocurrencies and other speculative investments. Shiba Inu's price plummeted as the new crypto winter began.Nevertheless, Shiba Inu's anonymous developers continued to expand its ecosystem with ShibaDEX, a cross-chain decentralized exchange (DEX) which acted as an official crypto wallet for its own coins. It also announced plans to build a Shiba-themed metaverse to sell virtual land, non-fungible tokens (NFTs), and other digital assets. To gradually reduce its supply, it took 2.41 billion coins out of circulation with its first official coin burn in April 2022.Can Shiba Inu revisit its all-time highs?During the past 12 months, Shiba Inu's price has risen about 20% as the crypto market has gradually stabilized. But it remains nearly 90% below its all-time high, and it seems doubtful it can revisit those levels without any major catalysts.The biggest near-term catalyst for Shiba Inu is its recent launch of Shibarium, a new blockchain protocol built on the Ethereum network that supports the development of decentralized apps (dApps). It wants to draw more developers into that ecosystem with the Shiba Hub, a platform which streamlines the creation of dApps on Shibarium.However, we've already seen many similar projects before, and there's still no clear indicator that dApps will disrupt centralized app stores anytime soon. Investors should also note that trillions of Shiba Inu tokens are still held by a handful of mysterious so-called whales who can cause some big price fluctuations with their massive trades.Shiba Inu has come a long way in just over three years, but I'm not convinced it has the staying power of Bitcoin or Ethereum. It will likely remain a popular coin for short-term traders, but it needs to prove that the expansion of its ecosystem with new features can actually drive its long-term adoption before its price can ever soar to new all-time highs.Should you invest $1,000 in Shiba Inu right now?Before you buy stock in Shiba Inu, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Shiba Inu wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.$SHIB 🙏🏿Show Your Support🔥🙏🏿If you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. 🙏🏿#ShibaPricePrediction #ShibaInvestment #ShibaPriceAnalysys #ShibaInuCodes #shib
Binance and 900 Billion Shiba Inu (SHIB): What's Happening?
Cue the dramatic music because Binance, the crypto-trading heavyweight, just made a whopping transfer of 900 billion Shiba Inu (SHIB) tokens, sending waves through the crypto community. Why? Let's dive into the juicy details.
First off, this massive move could be Binance playing the liquidity game. Given SHIB's popularity, Binance is making sure trades are as smooth as butter by balancing the SHIB seas across its wallets. It's like making sure there's enough lemonade at the stand on a hot day.
Or perhaps, Binance is playing the guardian of your SHIB tokens, shifting them around for better custody care. Imagine moving your treasures around to keep them safe—Binance is doing just that, but with a digital SHIB treasure chest.
Another spicy guess? Binance could be prepping the stage for some SHIB spotlight features—think staking or other shiny offerings to make SHIB holders' hearts race.
But let's not forget the rollercoaster ride SHIB's price has been on. Despite its sizzling rallies, SHIB, like its crypto buddies, has hit a dip, likely because everyone's trying to grab their profits, or the market's just stuffed full of similar plays.
Enter the Binance mega-transfer. This move could stir the SHIB price pot, for better or worse, depending on how Binance plays its cards. SHIB enthusiasts and traders are now on the edge of their seats, waiting for Binance's next move or any hint of what's to come.
So, whether you're a SHIB fan or just love the crypto drama, keep your eyes peeled. The Binance and SHIB saga is far from over, and the next chapter promises to be an exciting one.
#HotTrends #SHIBA🔥 #ShibaPriceAnalysys #ShibaPricePrediction #SHIB/𝗨𝗦𝗗𝗧
Cue the dramatic music because Binance, the crypto-trading heavyweight, just made a whopping transfer of 900 billion Shiba Inu (SHIB) tokens, sending waves through the crypto community. Why? Let's dive into the juicy details.
First off, this massive move could be Binance playing the liquidity game. Given SHIB's popularity, Binance is making sure trades are as smooth as butter by balancing the SHIB seas across its wallets. It's like making sure there's enough lemonade at the stand on a hot day.
Or perhaps, Binance is playing the guardian of your SHIB tokens, shifting them around for better custody care. Imagine moving your treasures around to keep them safe—Binance is doing just that, but with a digital SHIB treasure chest.
Another spicy guess? Binance could be prepping the stage for some SHIB spotlight features—think staking or other shiny offerings to make SHIB holders' hearts race.
But let's not forget the rollercoaster ride SHIB's price has been on. Despite its sizzling rallies, SHIB, like its crypto buddies, has hit a dip, likely because everyone's trying to grab their profits, or the market's just stuffed full of similar plays.
Enter the Binance mega-transfer. This move could stir the SHIB price pot, for better or worse, depending on how Binance plays its cards. SHIB enthusiasts and traders are now on the edge of their seats, waiting for Binance's next move or any hint of what's to come.
So, whether you're a SHIB fan or just love the crypto drama, keep your eyes peeled. The Binance and SHIB saga is far from over, and the next chapter promises to be an exciting one.
#HotTrends #SHIBA🔥 #ShibaPriceAnalysys #ShibaPricePrediction #SHIB/𝗨𝗦𝗗𝗧
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My followers stay active ...💯
follow must .
do support me ..
give a tip..
#BTC #ENS #ShibaPricePrediction #ShibaPriceAnalysys #BinanceSquareCreatorAwards $BTC
Binance and 900 Billion Shiba Inu (SHIB): What's Happening?
Cue the dramatic music because Binance, the crypto-trading heavyweight, just made a whopping transfer of 900 billion Shiba Inu (SHIB) tokens, sending waves through the crypto community. Why? Let's dive into the juicy details.
First off, this massive move could be Binance playing the liquidity game. Given SHIB's popularity, Binance is making sure trades are as smooth as butter by balancing the SHIB seas across its wallets. It's like making sure there's enough lemonade at the stand on a hot day.
Or perhaps, Binance is playing the guardian of your SHIB tokens, shifting them around for better custody care. Imagine moving your treasures around to keep them safe—Binance is doing just that, but with a digital SHIB treasure chest.
Another spicy guess? Binance could be prepping the stage for some SHIB spotlight features—think staking or other shiny offerings to make SHIB holders' hearts race.
But let's not forget the rollercoaster ride SHIB's price has been on. Despite its sizzling rallies, SHIB, like its crypto buddies, has hit a dip, likely because everyone's trying to grab their profits, or the market's just stuffed full of similar plays.
Enter the Binance mega-transfer. This move could stir the SHIB price pot, for better or worse, depending on how Binance plays its cards. SHIB enthusiasts and traders are now on the edge of their seats, waiting for Binance's next move or any hint of what's to come.
So, whether you're a SHIB fan or just love the crypto drama, keep your eyes peeled. The Binance and SHIB saga is far from over, and the next chapter promises to be an exciting one.
#HotTrends #Shibainu 🔥 #ShibaPriceAnalysys #ShibaPricePrediction #SHIB/𝗨𝗦𝗗𝗧
Cue the dramatic music because Binance, the crypto-trading heavyweight, just made a whopping transfer of 900 billion Shiba Inu (SHIB) tokens, sending waves through the crypto community. Why? Let's dive into the juicy details.
First off, this massive move could be Binance playing the liquidity game. Given SHIB's popularity, Binance is making sure trades are as smooth as butter by balancing the SHIB seas across its wallets. It's like making sure there's enough lemonade at the stand on a hot day.
Or perhaps, Binance is playing the guardian of your SHIB tokens, shifting them around for better custody care. Imagine moving your treasures around to keep them safe—Binance is doing just that, but with a digital SHIB treasure chest.
Another spicy guess? Binance could be prepping the stage for some SHIB spotlight features—think staking or other shiny offerings to make SHIB holders' hearts race.
But let's not forget the rollercoaster ride SHIB's price has been on. Despite its sizzling rallies, SHIB, like its crypto buddies, has hit a dip, likely because everyone's trying to grab their profits, or the market's just stuffed full of similar plays.
Enter the Binance mega-transfer. This move could stir the SHIB price pot, for better or worse, depending on how Binance plays its cards. SHIB enthusiasts and traders are now on the edge of their seats, waiting for Binance's next move or any hint of what's to come.
So, whether you're a SHIB fan or just love the crypto drama, keep your eyes peeled. The Binance and SHIB saga is far from over, and the next chapter promises to be an exciting one.
#HotTrends #Shibainu 🔥 #ShibaPriceAnalysys #ShibaPricePrediction #SHIB/𝗨𝗦𝗗𝗧
"Exclusive Price Forecasts for Shiba Inu: Unveiling Unshared Projections"
Popular crypto analyst The Coach XD speculates that Shiba Inu’s downward risk is minimal, emphasizing that a price surge could be the token’s next move.
Read more on: https://thecryptobasic.com/2024/01/09/top-analyst-shares-most-probable-outcome-for-shiba-inu-price/
#ShibaPricePrediction #ShibaPriceAnalysys #ShibaInvestment #shibanews #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/09/top-analyst-shares-most-probable-outcome-for-shiba-inu-price/
#ShibaPricePrediction #ShibaPriceAnalysys #ShibaInvestment #shibanews #CryptoNews🔒📰🚫