Memecoins At An All-Time High In The Bullish Market
The ongoing bull run in the crypto market over the last month has made the crypto investors Millionaires or billionaires with Bitcoin at $66K and Ethereum at $3.7K with a 30% to 50% growth. The growth has increased the hopes of investors in the crypto market but that’s not all the real story begins with Memecoins which has shown a growth rate ranging from 100% to 500% and hence yielded more profits to their investors as compared to the traditional cryptocurrencies like Bitcoin, Ethereum, etc.

Top Memecoins in the Bull Run
Dogecoin (DOGE):- The first Memecoin with the biggest market cap in the meme coins has shown an extreme growth of around 131.5% in a month and was trading at $0.1825 while I am writing this news. Shiba Inu (SHIB):- Launched in August 2020 with a current market cap of around $24 billion is one of the most beneficial Memecoin with 300% growth in a month and was trading at around $0.00003943.Pepe Coin (PEPE):- Pepe was inspired by the popular internet meme “Feels Good Man” frog, also known as Pepe the Frog launched in April 2023. Pepe continues to display significant bullish momentum, the price surged over 700% in the last month with a current market cap of around $3 billion and was trading at $0.000007326
Why Dog runs like a Bull?
The recent surge in Meme Coins is attributed to the Bitcoin Halving Event in April and a significant purchase of SHIB tokens by a crypto whale. The whale bought 75.9 billion Shiba Inu tokens valued at $893,000, contributing to the overall rise in Meme Coin values. Additionally, Dogecoin's increase is linked to a recurring falling wedge pattern observed between December 2013 to May 2015, January 2018 to February 2019, and May 2021 to June 2022. 
This pattern suggests a potential future rise in Dogecoin prices. The meme token PEPE experienced over $50 million in future contract liquidations, driving up its prices in the last 30 days. Experts predict that this trend will persist in the upcoming days.
Thus Considering the substantial profits generated by Memecoins in the recent bull run, investors might find diversifying their portfolios to include these meme tokens a worthwhile consideration. However, it's crucial for investors to conduct thorough research (With Coin gabbar), stay informed about market trends, and carefully assess the risks associated with the volatile crypto market before making any investment decisions.

#cryptonewstoday #CoinGabbar #ShibaInvestment #DOGE🔥🔥 #cryptocurrency
$SHIB $DOGE

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🔒📰🚫

#ShibaInvestment #shibanews Shiba Inu token is a decentralized cryptocurrency created in August 2020 by an anonymous person or group using the pseudonym "Ryoshi". It is inspired by the Shiba Inu, a Japanese dog breed, which also serves as the mascot for Dogecoin, another cryptocurrency with meme origins.Shiba Inu (SHIB) price has declined today.The price of Shiba Inu (SHIB) is $0.05908 today with a 24-hour trading volume of $130,792,424.29. This represents a -4.64% price decline in the last 24 hours and a -11.43% price decline in the past 7 days. With a circulating supply of 590 Trillion SHIB, Shiba Inu is valued at a market cap of $5,326,721,227.The live price of Shiba Inu is $ 0.000009 per (SHIB / USD) with a current market cap of $ 5.59B USD. 24-hour trading volume is $ 105.65M USD.

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

a surprising turn of events that has garnered attention within the crypto community, Robinhood, the prominent American trading platform, has significantly expanded its Shiba Inu (SHIB) holdings, positioning it as the third-largest asset in its diverse portfolio. This strategic decision coincides with the platform’s adjustment to its investment strategy, involving a reduction in its Bitcoin (BTC) holdings, indicating a notable shift in its approach to asset management.Analyzing the Numbers: Shiba Inu’s Surge in Robinhood’s PortfolioData from the esteemed crypto market analysis entity, Arkham Intelligence, reveals that Robinhood now possesses an impressive 36.825 trillion SHIB tokens, marking a substantial increase from its previous holdings of 36.685 trillion SHIB. Crypto enthusiast Lola, a vocal supporter of Shiba Inu, brought this development to light, providing insightful analysis and comparisons of both current and past data.SourceRobinhood’s strategic acquisition included an additional purchase of 140 billion SHIB tokens. Concurrently, the platform witnessed a noticeable decrease in its Bitcoin assets, shedding about 468 BTC, equivalent to a valuation of approximately $19.45 million.Rapid Growth of SHIB in Robinhood’s Asset PortfolioLola’s recent findings align with her earlier update, indicating that Robinhood had aggressively acquired over 231 billion Shiba Inu tokens in a single day. As of Wednesday, Jan. 17, this figure has surged to an impressive total growth of 371 billion SHIB in less than four days.The present market valuation of Robinhood’s SHIB holdings is estimated at $347.63 million, firmly establishing Shiba Inu as the third most substantial asset in the exchange’s portfolio, trailing behind Bitcoin and Ethereum. Notably, the value of Robinhood’s SHIB assets exceeds that of its holdings in Avalanche (AVAX), with more than double the market value.Robinhood’s Role in the Shiba Inu EcosystemArkham Intelligence’s data further emphasizes that Robinhood has emerged as the third-largest holder of Shiba Inu globally, excluding burn addresses. This positioning places the trading platform just behind industry giants Crypto.com and Binance in terms of SHIB holdings, consolidating its role as a significant player in the SHIB ecosystem.Robinhood’s significant increase in SHIB holdings has sparked discussions within the crypto community, introducing a new element to the platform’s asset management strategy. The rapid ascent of SHIB within Robinhood’s portfolio underscores the growing prominence of this meme-inspired crypto. As market dynamics continue to evolve, investors and enthusiasts remain keen observers, closely monitoring how this strategic move will impact both Shiba Inu and Robinhood’s position in the ever-changing crypto landscape.#Write2Earn #ShibaInvestment

🚀 Prepare for Lift-Off! Shiba Inu (SHIB) defies all expectations with an astonishing 340% surge in on-chain activity within a mere 24 hours! 🚀
📈 Significant transactions involving SHIB have skyrocketed from 1.28 trillion to an eye-popping 4.35 trillion tokens. 🚀
💸 The resulting surge in USD value is equally mind-blowing, catapulting from $12.15 million to a staggering $41.37 million. 💸
💼 What's catching everyone's attention? Transactions exceeding $100,000 have surged to 34, signaling a seismic shift in investor dynamics and propelling Shiba Inu into the crypto spotlight! 🌟
📊 Amidst this frenzy, SHIB's price elegantly hovers near the $0.00001 mark, teetering on the edge of a significant milestone. 🎯
🌐 This price trajectory aligns seamlessly with broader market movements, especially with Bitcoin smashing through the $50,000 threshold. 🚨
🌪️ As whispers of an altcoin season grow louder, speculation about SHIB's future performance reaches a fever pitch! 🌈
💥 For enthusiasts eagerly awaiting the magical erasure of a zero from SHIB’s price, this surge is more than just a spike—it's a symphony of hope and excitement! 🎶🚀
👀 The crypto realm is now captivated, with both investors and analysts keeping a watchful eye on SHIB's trajectory. Get ready for the next chapter in the crypto revolution! 🔮🚀

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