Will Shiba Inu (SHIB) Lead The Memecoin Bull Run?
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Shiba Inu (SHIB) has built momentum this week following an increase in burn rates and whale transactions amid other factors.
Shiba Inu (SHIB) is igniting bullish interest in the cryptocurrency market following a wave of positive on-chain factors spurring price growth.
At press time, SHIB trades at 0.0000227, an 8% increase this week despite facing slight short-term corrections.
The uphill rally in SHIB and memecoins has been tipped by multiple traders on social media spaces as ushering in the next market bull phase. Shiba Inu’s market capitalization stands over $13.4 billion with daily trading volumes almost at $400 million.
Shiba Inu recorded surging transactions alongside its price uptick. The memecoin notched an increase in daily volumes and new active accounts on the back of network upgrades.

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#Bitcoin #Ethereum #SHIB #ShibaInu $SHIB

The Shiba Inu ($SHIB ) ecosystem is heating up as Shibarium, its much-anticipated layer-2 blockchain, continues to roll out key updates. Could this be the turning point that finally sends $SHIB to the coveted $0.01 mark? Let’s break it down:

🔥 Why Shibarium Matters for $SHIB
1️⃣ Lower Gas Fees: Shibarium drastically reduces transaction costs, making SHIB a practical token for everyday use.

2️⃣ DeFi Ecosystem: Shibarium supports smart contracts, paving the way for ShibaSwap, NFTs, and a booming decentralized economy.

3️⃣ Token Burns: Every transaction on Shibarium burn SHIB tokens, reducing the supply and driving scarcity—a key ingredient for price growth.

📊 What Could $SHIB ’s Price Look Like Post-Shibarium?
1️⃣ Conservative Growth: Shibarium’s adoption and token burns gradually drive SHIB to $0.001 over time.

2️⃣ Bullish Momentum: A combination of Shibarium success, DeFi growth, and token burns could see $SHIB reach $0.01, a dream for many holders.

3️⃣ Moonshot Scenario: Explosive adoption and a bull market could propel SHIB beyond $0.01, turning early holders into millionaires.

🚧 Challenges Ahead for $SHIB
• Competition: Other layer-2 blockchains like Polygon ($MATIC) are also advancing rapidly.

• Adoption Rate: Shibarium’s success depends on how quickly the community and businesses adopt it.

• Market Volatility: Meme coins like SHIB are still highly speculative, and price swings can be dramatic.

🌟 Why SHIB has the Edge
With a passionate community, constant innovation, and a deflationary model through token burns, Shiba Inu has positioned itself as more than just a meme coin. It’s becoming a legitimate player in the crypto world, with real-world use cases and a growing ecosystem.

Will resch $0.01? Only time will tell—but Shibarium is a giant leap in the right direction.

Stay tuned for more updates, and don’t forget to HODL your $SHIB ! 🚀

#SHIB #ShibaInu #Shibarium #CryptoBurn #CryptoNews

Crypto analytics platform Spotonchain reported that two large amounts of Shiba Inu ($SHIB ) were transferred as of December 19.
The development coincided with a 10 percent drop in the price of #ShibaInu following Bitcoin’s Fed Reserve announcement. Spotonchain reported that a whale who bought Shiba Inu early and made a profit of $108 million thanks to his investment, moved a total of 399.99 billion #SHIB to US-based crypto exchange Gemini.
Shiba Inu (SHIB) is in a downtrend
A Shiba Inu whale bought exactly 15.2 sessions of SHIB for just 10 ETH on August 7, 2020. Until it is stuck, the total value of the 2 SHIB portfolio is 48.54 million storage space. This figure shows that the whale made a total profit of $107.7 million.
Another analysis report revealed that SHIB whales have largely liquidated their memecoins. This coincided with the Shiba Inu price dropping by about 10 percent in the last 24 hours.
SHIB price fell from $0.00002618 to $0.00002345. In the last 10 days, the popular memecoin has lost more than 21 percent of its value. Not only Shiba Inu, but also memecoins in general have seen sharp declines.
Factors such as money outflow from memecoins, a decrease in BTC or an increase in BTC dominance will push the Shiba Inu price to lower levels. In the opposite scenario, a slowdown in the parity can be expected.
#FullMarketBullRun #MarketPullback #binance

Take a look at what's happening in the world of crypto by reading U.Today’s top three news stories.

SEC preparing for shutdown

According to the SEC's recentalert, it is currentlypreparing for a potential federal government shutdown. The agency has stated that it will focus on essential functions, particularly those related to market integrity and investor protection, while its internal EDGAR database system, which is used for tracking government filings, will remain operational. However, nonessential operations will be suspended during the shutdown. On Wednesday, the House of Representatives delayed a vote on a bipartisan government funding bill, which raised concerns about a potential shutdown. Such a scenario would result in government employees not receiving their pay during the holidays, while also causing disruptions to various services, including food assistance. Besides, the SEC may cease routine reviews of filings, such as ETF applications, although it will continue to pursue cases of fraud and market manipulation.

Shiba Inu (SHIB) whales selling rapidly: Details

Yesterday, Shiba Inu witnesseda significant sell-off, as a SHIB whale liquidated 250 billion SHIB, valued at approximately $6.05 million. This whale entered the Shiba Inu market back in August 2020, purchasing 15.28 trillion SHIB, which peaked at a value of $1.22 billion. The total profit realized by the investor over the course of their holdings constitutes $109 million, and they still retain 2.15 trillion SHIB, worth around $52.18 million. The recent liquidation raises concerns about changing whale behavior, which can influence retail market sentiment and increase volatility. At writing time, SHIB is changing hands at $0.00002041, down 15.94% over the past 24 hours; the asset failed to maintain both support levels at $0.00002283 and $0.00002045, which may indicate potential further declines.

Millions of RLUSD ready to hit market after recent launch

Following the launch of the much-anticipated RLUSD stablecoin earlier this week, Ripple continues minting stablecoins, withover 10 million RLUSD created over the previous two days. According todata provided by the Ripple Stablecoin Tracker, more than 10.3 million RLUSD were transferred in batches, including 1.5 million sent from the Ripple Treasury to the Lithuania-based crypto exchange Uphold. Meanwhile, Ripple President Monica Long spoke on the freshly launched RLUSD in a recent interview. She highlighted the stablecoin market's current valuation of approximately $160 billion, and it is predicted that it could grow to around $3 trillion within the next four years. Long emphasized the increasing demand for stablecoins that focus on regulatory compliance, diversification and utility, all of which RLUSD aims to provide. She believes that for Ripple, the launch of RLUSD is another big step in continuing to “bridge the gap between traditional finance and blockchain.”

Shiba Inu ($SHIB ), often referred to as the "Dogecoin killer," has become one of the most talked-about cryptocurrencies in the market. With a passionate community, growing ecosystem, and ambitious plans for the future, the idea of SHIB reaching the $1 mark has captivated the imagination of crypto enthusiasts. But how feasible is this goal? Let’s dive into the numbers and explore what it would take for Shiba Inu to hit $1.

🚀 The $1 Dream: Breaking Down the Numbers
For SHIB to hit $1, its market capitalization would need to soar into unprecedented territory. With its current circulating supply of nearly 589 trillion tokens, reaching $1 would equate to a market cap of over $589 trillion.
For context:
The global GDP is around $100 trillion.
The entire crypto market cap is currently under $3 trillion.
Achieving such a market cap would require unparalleled global adoption, utility, and investment on a scale never seen before. Clearly, this is a monumental challenge.

🔥 Token Burning: The Key to Reducing Supply
One of the most promising ways for SHIB to approach $1 is through aggressive token burning. This involves permanently removing tokens from circulation to reduce the supply.
Current Efforts
Shibarium: SHIB’s Layer 2 blockchain burns a portion of transaction fees, slowly chipping away at the supply.
Community Initiatives: The Shiba Inu community has launched several token-burning campaigns to accelerate the process.
What’s Needed
For SHIB to hit $1, a significant portion of its supply would need to be burned. Hypothetically, if 90% of the supply were eliminated, the market cap required for $1 would drop to a more achievable range. However, this would require years of consistent burning and strong community commitment.

📈 Ecosystem Growth: Beyond the Meme Coin
Shiba Inu is no longer just a meme coin; it’s evolving into a robust ecosystem. Here’s what’s driving its utility:
Shibarium: A Layer 2 solution for faster and cheaper transactions, paving the way for real-world applications.
ShibaSwap: A decentralized exchange (DEX) that allows users to trade, stake, and earn rewards.
SHIB Metaverse: An ambitious virtual world project aiming to revolutionize the metaverse experience.
These developments increase SHIB’s utility and adoption, making it more attractive to investors and businesses alike.

🌟 Realistic Price Milestones
Reaching $1 may be a long shot under current conditions, but that doesn’t mean SHIB lacks potential. With sustained efforts in token burning, ecosystem development, and mass adoption, Shiba Inu could achieve realistic milestones such as:
$0.01 (1 cent): Achievable with substantial supply reduction and global adoption.
$0.10 (10 cents): Possible with widespread utility and integration into major financial ecosystems.

💡 The Bottom Line
While the $1 target may remain a dream for now, Shiba Inu’s journey is far from over. With an active community, innovative projects, and ongoing efforts to reduce supply, SHIB has the potential to reach meaningful price levels over time.
For investors, the focus should be on SHIB’s long-term growth, utility, and the team’s ability to execute its ambitious plans.
What’s your prediction for Shiba Inu? Share your thoughts below!
#SHIB #ShibaInu #CryptoTrading #Binance #Shibarium
$SHIB

Trump Fires Powell could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Trump Fires Powell (TRUMPPOW), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days.

This is because TRUMPPOW is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Trump Fires Powell can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Trump Fires Powell could become the next viral memecoin.

Trump Fires Powell launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

How to Buy

To buy Trump Fires Powell on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Fires Powell by entering its contract address – FWmVybuoRxJ79ZDHJ3Y8efeYsHsKL4qMNwJP8rCDsfmB – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPPOW.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

The more expansive the price behavior of the popular meme-inspired cryptocurrencyShiba Inu (SHIB), the less extensive the behind-the-scenes action observed with the token in the on-chain space. First of all, this concerns the major players, called whales in the crypto space.

For example, according toIntoTheBlock, over the past two days, the net inflow of Shiba Inu tokens dropped from a daily total of 511.6 billion SHIB to an average of 132.21 billion SHIB. Surprisingly, this number was holding at 2.4 trillion SHIB until a week ago, and it seemed that there was still a bit more to go.

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However, this turned out to be the peak, and in the following days, these volumes dropped by another 94.5%. It is important to note that the sample included addresses that hold at least 0.1% of theShiba Inu token supply in circulation.

The statistics are further supported by data on large transactions - those with a volume of at least $100,000 in SHIB. During the reporting period, the number of such transactions decreased from 892 to 282, and the volume decreased from 21 trillion SHIB, or $624.98 million, to 3.69 trillion SHIB, or $88.7 million. This is an average decrease of 85.8%.

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Importantly, the decrease in activity by major players has taken volume away from SHIB trading, and as a result, we can say that the market for meme-inspired cryptocurrencies has thinned out. Perhaps this explains the high volatility of Shiba Inu token quotes. At the same time, it is also true that when the whales come back with volume, theSHIB price action should become smoother and clearer.