Shibainu
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⚡️ SHIB’s Large Transactions Surge by 98%, Buy Sign or What?
Shiba Inu (SHIB), the second-largest crypto meme coin is on the radar of whales and institutions amid ongoing price consolidation, signaling a bullish trend. SHIB’s large transaction volume has surged by 98% in the past 24 hours, indicating significant participation from whales and institutions.
🔸 Whales Activity: Large Transaction Volume Jumps by 98%
This significant increase is a bullish sign for the asset and could support an upcoming rally as it has the potential to attract retail investors and traders. Additionally, the exchange reserves for SHIB have dropped significantly over the past 24 hours, further reinforcing SHIB’s bullish outlook.
🔸 Whales Withdraw 1.67 Trillion Token
According to the on-chain analytics firm Santiment, over 1.67 trillion SHIB worth nearly $41 million has been withdrawn from exchanges in the past 24 hours. Historically, the last time when SHIB experienced a similar spike in exchange outflow, the meme coin registered a price gain of nearly 62%.
1.67 trillion $SHIB have been withdrawn from exchanges in the past 24 hours. The last time we saw a similar spike, #ShibaInu surged 62% in price. — Ali (@ali_charts) November 20, 2024
However, this time investors and whales have shown strong participation, as reflected in the transaction volume, potentially driven by the anticipation of an upcoming rally in SHIB, resulting in the withdrawal of trillions of tokens.
🔸 Current Price Momentum
Although on-chain metrics point to bullish momentum, SHIB is currently struggling to gain traction. At press time, the meme coin is trading near $0.000024 and has registered a price decline of 3.25% in the past 24 hours.
During the same period, its trading volume dropped by 12.5% indicating lower participation from traders and investors due to FLOKI’s ongoing price consolidation.
#SHIB #Shibainu
Shiba Inu (SHIB), the second-largest crypto meme coin is on the radar of whales and institutions amid ongoing price consolidation, signaling a bullish trend. SHIB’s large transaction volume has surged by 98% in the past 24 hours, indicating significant participation from whales and institutions.
🔸 Whales Activity: Large Transaction Volume Jumps by 98%
This significant increase is a bullish sign for the asset and could support an upcoming rally as it has the potential to attract retail investors and traders. Additionally, the exchange reserves for SHIB have dropped significantly over the past 24 hours, further reinforcing SHIB’s bullish outlook.
🔸 Whales Withdraw 1.67 Trillion Token
According to the on-chain analytics firm Santiment, over 1.67 trillion SHIB worth nearly $41 million has been withdrawn from exchanges in the past 24 hours. Historically, the last time when SHIB experienced a similar spike in exchange outflow, the meme coin registered a price gain of nearly 62%.
1.67 trillion $SHIB have been withdrawn from exchanges in the past 24 hours. The last time we saw a similar spike, #ShibaInu surged 62% in price. — Ali (@ali_charts) November 20, 2024
However, this time investors and whales have shown strong participation, as reflected in the transaction volume, potentially driven by the anticipation of an upcoming rally in SHIB, resulting in the withdrawal of trillions of tokens.
🔸 Current Price Momentum
Although on-chain metrics point to bullish momentum, SHIB is currently struggling to gain traction. At press time, the meme coin is trading near $0.000024 and has registered a price decline of 3.25% in the past 24 hours.
During the same period, its trading volume dropped by 12.5% indicating lower participation from traders and investors due to FLOKI’s ongoing price consolidation.
#SHIB #Shibainu
Rashad Gurka bi7X:
From this analysis, it can be used as a basis for making a choice to buy immediately or wait for the price to increase, like Doge.
⚡️ Shiba Inu Price Tumbles 18% Amidst Crypto Market Downturn
Leading meme coin Shiba Inu (SHIB) has seen an 18% price drop in the past 24 hours. This mirrors the broader cryptocurrency market’s downturn, with global market capitalization falling by 5% over the same period.
An assessment of the meme coin’s on-chain and technical setup has revealed a weakening bullish momentum and a growing dominance of bearish sentiment. This indicates that SHIB may extend this downtrend. Here is how.
🔸 Shiba Inu Loses Its Bulls
Shiba Inu’s declining open interest (OI) confirms the decrease in market activity and a waning of bullish enthusiasm among the meme coin holders. As of this writing, this stands at $82.49 million, noting a 32% fall over the past 24 hours.
OI refers to the total number of active contracts in the futures or options market that have not yet been settled, expired, or closed out. When it falls, it is a bearish signal. It suggests that traders are closing out their positions, likely because they believe the asset’s value will continue to drop or because they want to limit losses.
This drop in OI amid falling prices, as in SHIB’s case, is a sign that bearish sentiment is strong among market participants.
Additionally, the meme coin’s Mean Dollar Invested Age (MDIA) has declined steadily since November 9, confirming the uptick in selling pressure in the market. As of this writing, SHIB’s MDIA is 877, having decreased by 1.5% over the past four days.
The MDIA tracks the average age of coins based on their dollar value. It measures how long, on average, a dollar invested in a cryptocurrency has remained idle in its current wallet address. A higher MDIA suggests that investors have kept their holdings over extended periods, while a lower MDIA means recent capital inflows or outflows.
When an asset’s MDIA falls, it suggests that older coins are being moved, indicating increased trading activity. When this happens during a period of price decline, it indicates profit-taking or loss-cutting.
#SHIB #Shibainu
Leading meme coin Shiba Inu (SHIB) has seen an 18% price drop in the past 24 hours. This mirrors the broader cryptocurrency market’s downturn, with global market capitalization falling by 5% over the same period.
An assessment of the meme coin’s on-chain and technical setup has revealed a weakening bullish momentum and a growing dominance of bearish sentiment. This indicates that SHIB may extend this downtrend. Here is how.
🔸 Shiba Inu Loses Its Bulls
Shiba Inu’s declining open interest (OI) confirms the decrease in market activity and a waning of bullish enthusiasm among the meme coin holders. As of this writing, this stands at $82.49 million, noting a 32% fall over the past 24 hours.
OI refers to the total number of active contracts in the futures or options market that have not yet been settled, expired, or closed out. When it falls, it is a bearish signal. It suggests that traders are closing out their positions, likely because they believe the asset’s value will continue to drop or because they want to limit losses.
This drop in OI amid falling prices, as in SHIB’s case, is a sign that bearish sentiment is strong among market participants.
Additionally, the meme coin’s Mean Dollar Invested Age (MDIA) has declined steadily since November 9, confirming the uptick in selling pressure in the market. As of this writing, SHIB’s MDIA is 877, having decreased by 1.5% over the past four days.
The MDIA tracks the average age of coins based on their dollar value. It measures how long, on average, a dollar invested in a cryptocurrency has remained idle in its current wallet address. A higher MDIA suggests that investors have kept their holdings over extended periods, while a lower MDIA means recent capital inflows or outflows.
When an asset’s MDIA falls, it suggests that older coins are being moved, indicating increased trading activity. When this happens during a period of price decline, it indicates profit-taking or loss-cutting.
#SHIB #Shibainu
@U_Today More than 8Million #SHIB token burnt as meme Coin Takes breather, here are next move to watch soon 🔜
#Binance #Shibainu #crypto2023
#Binance #Shibainu #crypto2023
Can Shiba Inu (SHIB) Reach $0.50? Insights from an AI Analysis.
- The meme cryptocurrency Shiba Inu (SHIB) has sparked speculation about its valuation as network developments aim to provide more utility.
- Achieving the coveted $1 milestone for SHIB might require the support of a $0.50 price floor.
- Google Bard, an AI platform, analyzed the potential factors that could drive SHIB to $0.50.
- To reach $0.50, SHIB would need a market capitalization of approximately $274.5 billion, a substantial increase from its current market capitalization.
- Factors affecting SHIB's path to $0.50 include increased adoption and use as a currency, continued development of the Shiba Inu ecosystem, and community support.
- The cryptocurrency market is highly volatile and unpredictable, making $0.50 a long-term goal rather than an imminent possibility.
- Shiba Inu is focusing on network initiatives like Shibarium, a layer two scaling solution, and burning excess SHIB tokens to enhance its valuation.
- As of the latest data, SHIB was trading at $0.000007006 with minimal daily losses.
- Technical analysis shows bearish sentiments, but SHIB's prospects also depend on the broader cryptocurrency market's momentum.
Disclaimer: This information should not be considered investment advice, as investing in cryptocurrencies carries risks. Always conduct your own research before making investment decisions.
#Shibainu
- The meme cryptocurrency Shiba Inu (SHIB) has sparked speculation about its valuation as network developments aim to provide more utility.
- Achieving the coveted $1 milestone for SHIB might require the support of a $0.50 price floor.
- Google Bard, an AI platform, analyzed the potential factors that could drive SHIB to $0.50.
- To reach $0.50, SHIB would need a market capitalization of approximately $274.5 billion, a substantial increase from its current market capitalization.
- Factors affecting SHIB's path to $0.50 include increased adoption and use as a currency, continued development of the Shiba Inu ecosystem, and community support.
- The cryptocurrency market is highly volatile and unpredictable, making $0.50 a long-term goal rather than an imminent possibility.
- Shiba Inu is focusing on network initiatives like Shibarium, a layer two scaling solution, and burning excess SHIB tokens to enhance its valuation.
- As of the latest data, SHIB was trading at $0.000007006 with minimal daily losses.
- Technical analysis shows bearish sentiments, but SHIB's prospects also depend on the broader cryptocurrency market's momentum.
Disclaimer: This information should not be considered investment advice, as investing in cryptocurrencies carries risks. Always conduct your own research before making investment decisions.
#Shibainu
Shiba Inu Surpasses Milestone: 3.54 Million Wallet Addresses Set New Record.
$SHIB #Shibainu #crypto2023 #SHIB #Worldcoin
$SHIB #Shibainu #crypto2023 #SHIB #Worldcoin
Shiba Inu Price Hits 22-Month High Amid Key Onchain Activity, Will Rally Continue?
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
Read here: https://www.binance.com/en/feed/post/4912332618650
#Shibainu #SHIB #Bitcoin #Altcoin #Cryptocurrency $SHIB
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
Read here: https://www.binance.com/en/feed/post/4912332618650
#Shibainu #SHIB #Bitcoin #Altcoin #Cryptocurrency $SHIB
Haqq and Galxe: Boosting Community Engagement and Ethical FinTech
Haqq is delighted to announce its strategic integration with Galxe, a well-established platform for fostering community engagement and growth in the Web3 realm. Boasting over 13 million unique users, Galxe has been a driving force behind the expansion of Optimism, Polygon, Arbitrum, and a network of more than 3,700 partners through reward-based loyalty programs. Within this synergy, protocols have the ability to harness the Web3 credentials available in Galxe's data network, enabling them to fuel marketplace growth, issue Soul Bound Tokens, enhance community engagement, accelerate ecosystem growth, and boost brand recognition.
This alliance represents a significant stride towards advancing community engagement and fostering ethical FinTech innovation within the Haqq ecosystem.
The integration will:
Enhance Haqq's capacity to effectively engage with the global Haqq and Islamic Coin community by offering increased visibility and rewarding active members. Facilitate ethical ecosystem projects in running campaigns and quests that trigger a flywheel effect of community growth, ensuring engaged community members receive appropriate rewards. This strategic partnership with Galxe empowers blockchain projects to engage and incentivize their most dedicated community members through quests and missions, involving the distribution of native tokens, NFTs, and On-Chain Achievement Tokens (OATs). Haqq has already benefited from this collaboration by launching a Haqq Expedition, guiding users through Haqq and Islamic Coin features, fostering gamified learning, and offering exclusive privileges and rewards.
Sample quests include tasks such as downloading the Haqq Wallet, exploring its functionalities through the Haqq Wallet guide, following Islamic Coin on Twitter, and joining the Islamic Coin Telegram group. The integration with Galxe ensures a more efficient tracking and recognition of ardent community supporters, thus appropriately rewarding their dedication.
To kickstart your campaigns, visit galxe.com.
Opportunities for Growth within Haqq's Partner Network and Ecosystem Projects
Haqq is not only at the forefront of ethical finance but also spearheading a flywheel effect for exponential growth and impact. Central to this vision is Haqq's Ecosystem Fund, a $40 million resource aimed at supporting early-stage protocols in the ethical Web3 arena.
Through strategic initiatives like HaqqPad and Haqq Labs, Haqq has established a pipeline that consistently onboards, incubates, and accelerates Shariah-compliant startups. HaqqPad simplifies token creation and smart contract deployment, allowing founders to focus on business scaling. Haqq Labs offers advisory, incubation, and acceleration services, nurturing startups from their infancy.
The integration with Galxe amplifies this flywheel effect. It enables projects launching on Haqq to seamlessly run promotional campaigns through Galxe, tapping into co-marketing and business expansion opportunities. As the Haqq ecosystem grows, this interconnectedness will not only amplify individual efforts but also magnify the collective impact of the ethical financial community.
Engage with Haqq
Haqq's mission is to propel the decentralized ethical financial sector to new heights. Join Haqq on this journey.
Haqq's $40 million grant program is currently open for applications. Interested parties can apply here: https://haqq.network/ecosystem-fund.
#Shibainu
#SHIB
$SHIB
This alliance represents a significant stride towards advancing community engagement and fostering ethical FinTech innovation within the Haqq ecosystem.
The integration will:
Enhance Haqq's capacity to effectively engage with the global Haqq and Islamic Coin community by offering increased visibility and rewarding active members. Facilitate ethical ecosystem projects in running campaigns and quests that trigger a flywheel effect of community growth, ensuring engaged community members receive appropriate rewards. This strategic partnership with Galxe empowers blockchain projects to engage and incentivize their most dedicated community members through quests and missions, involving the distribution of native tokens, NFTs, and On-Chain Achievement Tokens (OATs). Haqq has already benefited from this collaboration by launching a Haqq Expedition, guiding users through Haqq and Islamic Coin features, fostering gamified learning, and offering exclusive privileges and rewards.
Sample quests include tasks such as downloading the Haqq Wallet, exploring its functionalities through the Haqq Wallet guide, following Islamic Coin on Twitter, and joining the Islamic Coin Telegram group. The integration with Galxe ensures a more efficient tracking and recognition of ardent community supporters, thus appropriately rewarding their dedication.
To kickstart your campaigns, visit galxe.com.
Opportunities for Growth within Haqq's Partner Network and Ecosystem Projects
Haqq is not only at the forefront of ethical finance but also spearheading a flywheel effect for exponential growth and impact. Central to this vision is Haqq's Ecosystem Fund, a $40 million resource aimed at supporting early-stage protocols in the ethical Web3 arena.
Through strategic initiatives like HaqqPad and Haqq Labs, Haqq has established a pipeline that consistently onboards, incubates, and accelerates Shariah-compliant startups. HaqqPad simplifies token creation and smart contract deployment, allowing founders to focus on business scaling. Haqq Labs offers advisory, incubation, and acceleration services, nurturing startups from their infancy.
The integration with Galxe amplifies this flywheel effect. It enables projects launching on Haqq to seamlessly run promotional campaigns through Galxe, tapping into co-marketing and business expansion opportunities. As the Haqq ecosystem grows, this interconnectedness will not only amplify individual efforts but also magnify the collective impact of the ethical financial community.
Engage with Haqq
Haqq's mission is to propel the decentralized ethical financial sector to new heights. Join Haqq on this journey.
Haqq's $40 million grant program is currently open for applications. Interested parties can apply here: https://haqq.network/ecosystem-fund.
#Shibainu
#SHIB
$SHIB
Can Doge reach one dollar by the end of 2023 Dogecoin is currently up 1.26% and is trading at $0.06347 at the time of writing this report. Although there is a clear increasing trend. However, it is still unclear whether Doji can reach the $0.1 mark and make a 300% gain by the end of August. However, one of the defenses set by critics with respect to Dogecoin's validity on the i-term
$DOGE
#BinanceTournament
#Worldcoin
#pepe
#crypto2023
#Shibainu
$DOGE
#BinanceTournament
#Worldcoin
#pepe
#crypto2023
#Shibainu
Technical analysis of SHIB price At the time of writing this report, Shiba Inu is trading at $0.000008758 . A decrease of 10.53% in the past 24 hours. The large rise in trading volume supports the ongoing patch phase, which is also reflected in technical indicators.
The Medium Convergence Contrast Index (MACD) currently shows a bearish intersection. In the meantime, the Relative Strength Index (RSI) has dropped halfway.
If the upward trend is higher than the 200-day exponential-moving mean (EMA). The reflexive height may regain the mark of $0.000010. Chiba Ino occupies the fifteenth place in CoinMarketCap rankings. With a market capitalization of $5,151,072,084. The currency rolling supply is 589,346,914,631,298 SHIB.
#FDUSD
#BinanceTournament
#Worldcoin
#pepe
#Shibainu
$BTC $BNB $SOL
The Medium Convergence Contrast Index (MACD) currently shows a bearish intersection. In the meantime, the Relative Strength Index (RSI) has dropped halfway.
If the upward trend is higher than the 200-day exponential-moving mean (EMA). The reflexive height may regain the mark of $0.000010. Chiba Ino occupies the fifteenth place in CoinMarketCap rankings. With a market capitalization of $5,151,072,084. The currency rolling supply is 589,346,914,631,298 SHIB.
#FDUSD
#BinanceTournament
#Worldcoin
#pepe
#Shibainu
$BTC $BNB $SOL
#DOGE #Shibainu
Dogecoin (DOGE) is a novelty cryptocurrency originally launched as a “memecoin” within the cryptocurrency community. Over time, however, Dogecoin has grown into a large blockchain network and is one of the most popular altcoins available in the market.
There is also a serious basis and reason for the creation and development of Dogecoin. Co-founders, Jackson Palmer and Billy Markus, two software engineers by professional background and experience, wanted to make cryptocurrency accessible to individuals outside of Bitcoin.
It was expressed by the founders that the oversaturation and difficulty in mining Bitcoin from the time of its creation to the start of Dogecoin, made it difficult for the common person to participate in the mining process. This was because of limited resources as well as technological experience. Dogecoin was envisioned as an entry for the less experienced to become involved in the crypto industry.
The launch of Bitcoin in 2009 catalyzed the creation and launch of many different cryptocurrencies, each offering different use cases and functionality. Dogecoin, however, offers no specific use cases — DOGE was a collaborative effort by the crypto community and is now listed on most major exchange platforms.
Dogecoin was originally based on Litecoin and was launched in 2013. Primarily designed to provide a light-hearted means of communicating the basic function of cryptocurrency to mainstream audiences, Dogecoin is based on the “Doge” Shiba Inu meme. DOGE price is updated and available in real time on Binance.
$DOGE $BNB $SOL $ETH
#BNB #BTC #DOGE
Dogecoin (DOGE) is a novelty cryptocurrency originally launched as a “memecoin” within the cryptocurrency community. Over time, however, Dogecoin has grown into a large blockchain network and is one of the most popular altcoins available in the market.
There is also a serious basis and reason for the creation and development of Dogecoin. Co-founders, Jackson Palmer and Billy Markus, two software engineers by professional background and experience, wanted to make cryptocurrency accessible to individuals outside of Bitcoin.
It was expressed by the founders that the oversaturation and difficulty in mining Bitcoin from the time of its creation to the start of Dogecoin, made it difficult for the common person to participate in the mining process. This was because of limited resources as well as technological experience. Dogecoin was envisioned as an entry for the less experienced to become involved in the crypto industry.
The launch of Bitcoin in 2009 catalyzed the creation and launch of many different cryptocurrencies, each offering different use cases and functionality. Dogecoin, however, offers no specific use cases — DOGE was a collaborative effort by the crypto community and is now listed on most major exchange platforms.
Dogecoin was originally based on Litecoin and was launched in 2013. Primarily designed to provide a light-hearted means of communicating the basic function of cryptocurrency to mainstream audiences, Dogecoin is based on the “Doge” Shiba Inu meme. DOGE price is updated and available in real time on Binance.
$DOGE $BNB $SOL $ETH
#BNB #BTC #DOGE
Shiba Inu Poised for Rally If This Key Resistance Is Conquered
Analyst Rekt Capital identifies 0.0000332 as a critical resistance level for Shiba Inu.SHIB’s current trading sits just below the crucial resistance, at 0.0000327, signaling a potential breakout if surpassed.Breaking through the resistance and establishing it as support could lead to a significant rally of over 40% for SHIB.
Shiba Inu (SHIB) enthusiasts are eagerly eyeing a pivotal juncture as the digital asset grapples with a significant resistance level. Analysis from renowned crypto analyst Rekt Capital underscores the current state of consolidation just below a crucial barrier that must be overcome for SHIB to embark on its next upward trajectory.
At the heart of this analysis lies the 0.0000332 threshold, denoted by a distinctive blue line on the charts. This particular level has proven to be a formidable obstacle for SHIB, impeding its ascent and prompting a period of sideways movement. Presently, SHIB is teetering at 0.0000327, hovering tantalizingly close to breaching the critical resistance.
For SHIB to unleash its bullish potential, it necessitates a decisive breakthrough of the 0.0000332 barrier, transforming it into a steadfast support zone. Such a development would effectively pave the way for SHIB to set its sights on the subsequent resistance level indicated by a black line at 0.0000473.
The stakes are high, with a successful conversion of the 0.0000332 resistance potentially catalyzing a substantial price surge exceeding 40% from current trading levels. Conversely, failure to breach this barrier could spell a period of prolonged consolidation or even a retracement for SHIB.
It is essential to recognize the dynamic nature of support and resistance levels, their significance often fluctuates in response to market dynamics and investor sentiment. Nonetheless, Rekt Capital’s analysis underscores the pivotal role of the 0.0000332 level in shaping SHIB’s near-term trajectory.
$SHIB #shib #Shibainu
Shiba Inu (SHIB) enthusiasts are eagerly eyeing a pivotal juncture as the digital asset grapples with a significant resistance level. Analysis from renowned crypto analyst Rekt Capital underscores the current state of consolidation just below a crucial barrier that must be overcome for SHIB to embark on its next upward trajectory.
At the heart of this analysis lies the 0.0000332 threshold, denoted by a distinctive blue line on the charts. This particular level has proven to be a formidable obstacle for SHIB, impeding its ascent and prompting a period of sideways movement. Presently, SHIB is teetering at 0.0000327, hovering tantalizingly close to breaching the critical resistance.
For SHIB to unleash its bullish potential, it necessitates a decisive breakthrough of the 0.0000332 barrier, transforming it into a steadfast support zone. Such a development would effectively pave the way for SHIB to set its sights on the subsequent resistance level indicated by a black line at 0.0000473.
The stakes are high, with a successful conversion of the 0.0000332 resistance potentially catalyzing a substantial price surge exceeding 40% from current trading levels. Conversely, failure to breach this barrier could spell a period of prolonged consolidation or even a retracement for SHIB.
It is essential to recognize the dynamic nature of support and resistance levels, their significance often fluctuates in response to market dynamics and investor sentiment. Nonetheless, Rekt Capital’s analysis underscores the pivotal role of the 0.0000332 level in shaping SHIB’s near-term trajectory.
$SHIB #shib #Shibainu
What is the Most Successful Meme Coin?
In terms of price gains, Shiba Inu was the most successful meme coin with a 8,424,202.3% 📈 increase at its peak, compared to its starting price on August 1, 2020.
On the other hand, Dogecoin has been the most successful meme coin over the long run, as a pioneer in the category since 2013.
What is the Next Big Meme Coin To emerge very soon ? 🤔
#Shibainu #Dogescoin #flokinu
In terms of price gains, Shiba Inu was the most successful meme coin with a 8,424,202.3% 📈 increase at its peak, compared to its starting price on August 1, 2020.
On the other hand, Dogecoin has been the most successful meme coin over the long run, as a pioneer in the category since 2013.
What is the Next Big Meme Coin To emerge very soon ? 🤔
#Shibainu #Dogescoin #flokinu
Breaking News 🔥
The #Shibainu Start Burning From Next Month
#Shibainu #shiba #blockchain #Binance #cryptopattiee
The #Shibainu Start Burning From Next Month
#Shibainu #shiba #blockchain #Binance #cryptopattiee