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Jump into the vibrant world of #SHIB! Explore the thriving Shiba Inu community, where innovation meets investment. Whether you're following SHIB's latest trends or diving into its expansive ecosystem, there's always something exciting to discover. Connect with fellow enthusiasts, share insights, and stay updated with #SHIB. Join the conversation and be part of the movement!
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Will Shiba Inu (SHIB) Lead The Memecoin Bull Run?
Will Shiba Inu (SHIB) Lead The Memecoin Bull Run?
Claim Instant $200 Worth Of DunkiMunki MemeCoins Free On www.DunkiMunki.xyz
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.
Claim Instant $200 Worth Of DunkiMunki MemeCoins Free On www.DunkiMunki.xyz
#Bitcoin #Ethereum #SHIB #ShibaInu $SHIB
Claim Instant $200 Worth Of DunkiMunki MemeCoins Free On www.DunkiMunki.xyz
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.
Claim Instant $200 Worth Of DunkiMunki MemeCoins Free On www.DunkiMunki.xyz
#Bitcoin #Ethereum #SHIB #ShibaInu $SHIB
$SHIB Shiba Inu
pump to $1 dollar yes or no !!
Shiba high pumping time coming guys.
are you know the man who is predicted about btc and now this man talking about Shiba Inu .
read the words :
It's been a long time since I talked about it and wanna know what's going on.
Shiba right back Shiba back the levels just before it broke out to the new high and then it came crashing back down and you wanna are we gonna see Shiba have a big explosive move to even $1 dollar well I already told you it's not going a dollar but it is going High.
Question is;
Is it gonna be or next And I really think in this meme coin cycle Shiba will do extremely well but not this year for sure.
what do you thinking about Shiba Inu ?
#shiba⚡ #shib #MemeCoinTrending #Write2Earn! #crypto_king_2A
pump to $1 dollar yes or no !!
Shiba high pumping time coming guys.
are you know the man who is predicted about btc and now this man talking about Shiba Inu .
read the words :
It's been a long time since I talked about it and wanna know what's going on.
Shiba right back Shiba back the levels just before it broke out to the new high and then it came crashing back down and you wanna are we gonna see Shiba have a big explosive move to even $1 dollar well I already told you it's not going a dollar but it is going High.
Question is;
Is it gonna be or next And I really think in this meme coin cycle Shiba will do extremely well but not this year for sure.
what do you thinking about Shiba Inu ?
#shiba⚡ #shib #MemeCoinTrending #Write2Earn! #crypto_king_2A
$SHIB today current price is 0.00001858 with increase of + 3.51% it's follow bullish trend
#shib
#MemeCoinTrending
Disclaimer:Informational purposes only. Not financial advice. Invest responsibly in crypto: research properly, and consult financial experts
#shib
#MemeCoinTrending
Disclaimer:Informational purposes only. Not financial advice. Invest responsibly in crypto: research properly, and consult financial experts
As of October 2024, several memecoins are gaining attention, driven by the continuousbullish momentum in the broader cryptocurrency market.
Dogecoin (DOGE) remains one of the top players, benefiting from its strong community and celebrity endorsements. Despite its origin as a joke, it maintains a significant market presence and continues to grow, thanks to its active supporters.
Shiba Inu (SHIB), another popular memecoin, is also performing well. Operating on the Ethereum blockchain, SHIB has developed projects like ShibaSwap and is leveraging its ecosystem to offer NFTs and other DeFi functionalities.
PEPE, inspired by the Pepe the Frog meme, saw a major rise in mid-2023, reaching a $1.6 billion market cap. It's deflationary and uses social media campaigns to maintain visibility.
BONK, a Solana-based memecoin, has been making waves this month with its upward trend. BONK trades around the $0.000023 resistance level, and technical indicators suggest it may break out further.
Newer tokens like POPCAT and SUNDOG are also seeing growth. POPCAT hit an all-time high of $1.09 in late September and continues its parabolic rise, while SUNDOG's recent price patterns suggest it could surge 51% from its current levels.
Memecoins are riding the altcoin wave, with some, like DOGEN, boasting up to 700% growth potential as they attract users with referral rewards and exclusive campaigns. While memecoins can be highly volatile, their appeal continues to grow within the crypto community.
$DOGE $SHIB $BONK
#Write2Earn! #shib #bonk #pepe
Dogecoin (DOGE) remains one of the top players, benefiting from its strong community and celebrity endorsements. Despite its origin as a joke, it maintains a significant market presence and continues to grow, thanks to its active supporters.
Shiba Inu (SHIB), another popular memecoin, is also performing well. Operating on the Ethereum blockchain, SHIB has developed projects like ShibaSwap and is leveraging its ecosystem to offer NFTs and other DeFi functionalities.
PEPE, inspired by the Pepe the Frog meme, saw a major rise in mid-2023, reaching a $1.6 billion market cap. It's deflationary and uses social media campaigns to maintain visibility.
BONK, a Solana-based memecoin, has been making waves this month with its upward trend. BONK trades around the $0.000023 resistance level, and technical indicators suggest it may break out further.
Newer tokens like POPCAT and SUNDOG are also seeing growth. POPCAT hit an all-time high of $1.09 in late September and continues its parabolic rise, while SUNDOG's recent price patterns suggest it could surge 51% from its current levels.
Memecoins are riding the altcoin wave, with some, like DOGEN, boasting up to 700% growth potential as they attract users with referral rewards and exclusive campaigns. While memecoins can be highly volatile, their appeal continues to grow within the crypto community.
$DOGE $SHIB $BONK
#Write2Earn! #shib #bonk #pepe
SHIBA INU
Shiba Inu ($SHIB ) is a meme coin that has seen a growth of 11430362.4% since its inception on Nov. 28, 2020, and continues to be a hope for thousands of holders. Also known as the $DOGE coin killer, Shiba Inu was developed by a person who goes by the name of ‘Ryoshi’.
While the #SHIB token has decreased in price, its popularity has only increased overtime. With countless groups on Facebook, millions of followers and tweets, and headlines in mainstream media every week, it can be said that Shiba Inu is still the crown prince of the #memecoin world.
### THE REASON BEHIND ITS POPULARITY
There can be multiple reasons, however, the biggest one is the number of supportive tweets from the owner of Tesla and SpaceX, Elon Musk, followed by the founder of $ETH Ethereum, Vitalik Buterin, as Shiba Inu gained massive popularity in the social media world and still creates headlines with even a small price change.
Another more simple reason behind the coin’s popularity may just be a superficial and aesthetic one. Aside from the humorous aspect of buying a meme coin, it’s possible that many people are just really into cute dogs. The Shiba Inu dog, and Shiba Inu meme, which borrows its likeness, is undoubtedly adorable, and conceivably one of the main reasons behind the push for buying Shiba Coin — maybe the popular dog breed is just so cute that it’s convinced millions of people around the world to look into how to buy #shib
#MemeCoinTrending
#TrumpDeFi
Shiba Inu ($SHIB ) is a meme coin that has seen a growth of 11430362.4% since its inception on Nov. 28, 2020, and continues to be a hope for thousands of holders. Also known as the $DOGE coin killer, Shiba Inu was developed by a person who goes by the name of ‘Ryoshi’.
While the #SHIB token has decreased in price, its popularity has only increased overtime. With countless groups on Facebook, millions of followers and tweets, and headlines in mainstream media every week, it can be said that Shiba Inu is still the crown prince of the #memecoin world.
### THE REASON BEHIND ITS POPULARITY
There can be multiple reasons, however, the biggest one is the number of supportive tweets from the owner of Tesla and SpaceX, Elon Musk, followed by the founder of $ETH Ethereum, Vitalik Buterin, as Shiba Inu gained massive popularity in the social media world and still creates headlines with even a small price change.
Another more simple reason behind the coin’s popularity may just be a superficial and aesthetic one. Aside from the humorous aspect of buying a meme coin, it’s possible that many people are just really into cute dogs. The Shiba Inu dog, and Shiba Inu meme, which borrows its likeness, is undoubtedly adorable, and conceivably one of the main reasons behind the push for buying Shiba Coin — maybe the popular dog breed is just so cute that it’s convinced millions of people around the world to look into how to buy #shib
#MemeCoinTrending
#TrumpDeFi
SHIB Reaching $0.01: Impossible or a Long-Term Goal?
The Shiba Inu (SHIB) community has been abuzz with predictions of the cryptocurrency reaching $0.01, but experts like Aaron Arnold, founder of Altcoin Daily, deem this goal "literally impossible" in the short term. Arnold's skepticism stems from SHIB's staggering circulating supply of over 589 trillion tokens, requiring a market capitalization of $5.89 trillion to hit $0.01.
Market Capitalization Reality Check
SHIB's current market value stands at $0.00001734, with a market capitalization of around $10.22 billion. To reach $0.01, its market capitalization would need to surge by 57,667%, defying conventional market dynamics.
Historical Context and Competition
$SHIB 's extraordinary 884,400% rally in the previous cycle peaked at approximately $45 billion in October 2021. However, its current valuation in the billions, established investor base, and stiffer competition make significant upward momentum increasingly difficult.
Differing Opinions and Predictions
While Arnold dismisses the $0.01 target as unrealistic, some influential analysts, like Jason Williams, predict SHIB could reach $0.05. Lucie, a Shiba Inu development team member, remains optimistic about SHIB's potential, forecasting $0.01 as a long-term goal without a definitive timeline.
Investor Caution and Realistic Expectations
Arnold urges cryptocurrency enthusiasts to integrate market capitalization into their price predictions, avoiding unrealistic goals and disappointment. As SHIB's market scrutiny intensifies, tempered expectations and cautious analysis are essential.
Disclaimer
This content informs and should not be considered financial advice. Readers are urged to conduct in-depth research before making investment decisions, acknowledging that any action taken is strictly at their own risk.
$BTC $ETH $BNB #shib #SHIBAUSDT
The Shiba Inu (SHIB) community has been abuzz with predictions of the cryptocurrency reaching $0.01, but experts like Aaron Arnold, founder of Altcoin Daily, deem this goal "literally impossible" in the short term. Arnold's skepticism stems from SHIB's staggering circulating supply of over 589 trillion tokens, requiring a market capitalization of $5.89 trillion to hit $0.01.
Market Capitalization Reality Check
SHIB's current market value stands at $0.00001734, with a market capitalization of around $10.22 billion. To reach $0.01, its market capitalization would need to surge by 57,667%, defying conventional market dynamics.
Historical Context and Competition
$SHIB 's extraordinary 884,400% rally in the previous cycle peaked at approximately $45 billion in October 2021. However, its current valuation in the billions, established investor base, and stiffer competition make significant upward momentum increasingly difficult.
Differing Opinions and Predictions
While Arnold dismisses the $0.01 target as unrealistic, some influential analysts, like Jason Williams, predict SHIB could reach $0.05. Lucie, a Shiba Inu development team member, remains optimistic about SHIB's potential, forecasting $0.01 as a long-term goal without a definitive timeline.
Investor Caution and Realistic Expectations
Arnold urges cryptocurrency enthusiasts to integrate market capitalization into their price predictions, avoiding unrealistic goals and disappointment. As SHIB's market scrutiny intensifies, tempered expectations and cautious analysis are essential.
Disclaimer
This content informs and should not be considered financial advice. Readers are urged to conduct in-depth research before making investment decisions, acknowledging that any action taken is strictly at their own risk.
$BTC $ETH $BNB #shib #SHIBAUSDT
Shiba Inu Poised for 1000% Explosion in 3 Days, Predicts SHIB Insider Amidst Ecosystem Growth
Shiba Inu ($SHIB ) could be on the brink of an unprecedented surge, with Lucie, the Marketing Lead for Shiba Inu, forecasting a jaw-dropping 1000% explosion within just 2-3 days. Her bold prediction arrives amidst heightened market volatility and SHIB’s impressive long-term performance, sparking excitement across the Shiba Inu community.
In a Wednesday tweet, Lucie expressed her confidence in the ecosystem's growth, stating, "It’s very possible for the Shib ecosystem to pull off a 1000% increase in a matter of days." She emphasized that short-term price fluctuations are "irrelevant" in the bigger picture, as the project continues to evolve and gain momentum.
The Community's Confidence Fuels the Fire
Lucie's optimism isn’t isolated. According to CoinMarketCap, 86% of users share a bullish outlook on Shiba Inu’s future, with only 14% holding a bearish view. This overwhelming support has been a cornerstone of SHIB’s journey, transforming the token from a meme coin into a legitimate player in the cryptocurrency space.
And the numbers back up this optimism. Shiba Inu’s historical performance is nothing short of extraordinary. Since its all-time low, SHIB has skyrocketed an astonishing 21,298,851%—outpacing every other top 100 cryptocurrency by market cap. This phenomenal growth places SHIB among the elite, alongside other remarkable performers like Floki Inu (FLOKI) with its 679,910% rise and Binance Coin (BNB) with a 595,144% surge.
Could a 2400% Surge Be Next?
The buzz surrounding Shiba Inu doesn’t stop there. Black Pearl, a prominent crypto analyst, is also predicting massive gains for SHIB. In a recent tweet, the analyst revealed that a potential Shiba Inu ETF could ignite a staggering 2400% rally, pushing SHIB to $0.0004414 and potentially catapulting its market cap to $260 billion. Should this happen, Shiba Inu could secure a spot as a top 3 cryptocurrency.
However, Black Pearl cautioned that before SHIB can reach such dizzying heights, it must first break through key resistance levels at $0.00002200-$0.00002300—a 125% rise from its current price. Only then could it make a run toward its all-time high of $0.00008854, set during the last bull market.
Accumulation Phase Before the Big Run
While some focus on the short-term, other analysts are eyeing the longer game. Alan Santana, a market expert, recently pointed out that Shiba Inu is currently in a major accumulation phase, with 2025 positioned as a year of long-term sustained growth. Santana expects the current bearish stretch to continue for a few weeks, followed by several months of recovery, before SHIB enters a monumental bull run in 2025.
Current Market Performance and Outlook
As of Thursday, Shiba Inu was trading at $0.00001721, reflecting a 3.29% dip in the last 24 hours. While this short-term decline may worry some, SHIB’s monthly performance remains strong, boasting a 27.63% gain. The growing anticipation around SHIB's potential for explosive growth, coupled with the optimistic outlook from key analysts, has the community eager for what could be a historic rally.
Final Thoughts
With a potential 1000% explosion on the horizon and whispers of an ETF pushing SHIB even higher, the next few days and weeks could be pivotal for Shiba Inu. Whether you’re a long-term holder or a new investor, this might just be the moment that SHIB makes its biggest move yet. Keep an eye on those key resistance levels and get ready—Shiba Inu could be preparing to take the market by storm!
Are you ready for the Shiba Inu revolution?
#shib #moonbix #Write2Earn! $SHIB
In a Wednesday tweet, Lucie expressed her confidence in the ecosystem's growth, stating, "It’s very possible for the Shib ecosystem to pull off a 1000% increase in a matter of days." She emphasized that short-term price fluctuations are "irrelevant" in the bigger picture, as the project continues to evolve and gain momentum.
The Community's Confidence Fuels the Fire
Lucie's optimism isn’t isolated. According to CoinMarketCap, 86% of users share a bullish outlook on Shiba Inu’s future, with only 14% holding a bearish view. This overwhelming support has been a cornerstone of SHIB’s journey, transforming the token from a meme coin into a legitimate player in the cryptocurrency space.
And the numbers back up this optimism. Shiba Inu’s historical performance is nothing short of extraordinary. Since its all-time low, SHIB has skyrocketed an astonishing 21,298,851%—outpacing every other top 100 cryptocurrency by market cap. This phenomenal growth places SHIB among the elite, alongside other remarkable performers like Floki Inu (FLOKI) with its 679,910% rise and Binance Coin (BNB) with a 595,144% surge.
Could a 2400% Surge Be Next?
The buzz surrounding Shiba Inu doesn’t stop there. Black Pearl, a prominent crypto analyst, is also predicting massive gains for SHIB. In a recent tweet, the analyst revealed that a potential Shiba Inu ETF could ignite a staggering 2400% rally, pushing SHIB to $0.0004414 and potentially catapulting its market cap to $260 billion. Should this happen, Shiba Inu could secure a spot as a top 3 cryptocurrency.
However, Black Pearl cautioned that before SHIB can reach such dizzying heights, it must first break through key resistance levels at $0.00002200-$0.00002300—a 125% rise from its current price. Only then could it make a run toward its all-time high of $0.00008854, set during the last bull market.
Accumulation Phase Before the Big Run
While some focus on the short-term, other analysts are eyeing the longer game. Alan Santana, a market expert, recently pointed out that Shiba Inu is currently in a major accumulation phase, with 2025 positioned as a year of long-term sustained growth. Santana expects the current bearish stretch to continue for a few weeks, followed by several months of recovery, before SHIB enters a monumental bull run in 2025.
Current Market Performance and Outlook
As of Thursday, Shiba Inu was trading at $0.00001721, reflecting a 3.29% dip in the last 24 hours. While this short-term decline may worry some, SHIB’s monthly performance remains strong, boasting a 27.63% gain. The growing anticipation around SHIB's potential for explosive growth, coupled with the optimistic outlook from key analysts, has the community eager for what could be a historic rally.
Final Thoughts
With a potential 1000% explosion on the horizon and whispers of an ETF pushing SHIB even higher, the next few days and weeks could be pivotal for Shiba Inu. Whether you’re a long-term holder or a new investor, this might just be the moment that SHIB makes its biggest move yet. Keep an eye on those key resistance levels and get ready—Shiba Inu could be preparing to take the market by storm!
Are you ready for the Shiba Inu revolution?
#shib #moonbix #Write2Earn! $SHIB
everyone eyes on shiba inu now #shib #SHIBAUSDT #CryptoNewss
Is $1 SHIB Price Possible in the Next 90 Days?
SHIB price shows strong bullish potential, supported by Shiba ecosystem growth, strategic token burns, and whale activities, indicating a significant upward
Is $1 SHIB Price Possible in the Next 90 Days?
SHIB price shows strong bullish potential, supported by Shiba ecosystem growth, strategic token burns, and whale activities, indicating a significant upward
#Shib Forecast
Take a screenshot of this post.
If you are wandering to find some low range best coin for your wallet to hold. The #shib is one of the Best choice which is going to the Moon till Jan 2025.
follow multibuying strategy.
1st buying on 1740
2nd on 1680
3rd on 1600
that's enough. There will be no more need tu set buying.
#shiba⚡
#bestcointohold #CryptoNewss
Take a screenshot of this post.
If you are wandering to find some low range best coin for your wallet to hold. The #shib is one of the Best choice which is going to the Moon till Jan 2025.
follow multibuying strategy.
1st buying on 1740
2nd on 1680
3rd on 1600
that's enough. There will be no more need tu set buying.
#shiba⚡
#bestcointohold #CryptoNewss
SHIB/USDT Price Overview
SHIB is trading at $0.00001780, down by 0.17%.
Key Price Indicators
24h High: 0.00001813
24h Low: 0.00001757
24h Volume (SHIB): 2.33T
24h Volume (USDT): 41.66M
Factors Influencing SHIB's Price
Market Sentiment: The overall sentiment towards SHIB and the cryptocurrency market can significantly impact its price.
Whale Activity: Large-scale buying or selling by whales can cause significant price fluctuations.
Investing in cryptocurrencies involves risk, and it is essential to conduct thorough research before making any investment decisions.
#SHIBAUSDT #shib
SHIB is trading at $0.00001780, down by 0.17%.
Key Price Indicators
24h High: 0.00001813
24h Low: 0.00001757
24h Volume (SHIB): 2.33T
24h Volume (USDT): 41.66M
Factors Influencing SHIB's Price
Market Sentiment: The overall sentiment towards SHIB and the cryptocurrency market can significantly impact its price.
Whale Activity: Large-scale buying or selling by whales can cause significant price fluctuations.
Investing in cryptocurrencies involves risk, and it is essential to conduct thorough research before making any investment decisions.
#SHIBAUSDT #shib
#shib Big Pump Soon 2024 💥 Buy And Hold Now 0.00001743 Target 🎯 0.0001 in 2024 insha'Allah 🥰😘🔥
BUY BUY BUY BIG PUMP SOON 📈📊
BUY BUY BUY BIG PUMP SOON 📈📊
✴️ Here is the Only Thing That Can Take Shiba Inu to $0.001 and $0.01
While Shiba Inu has the potential to reach greater heights despite the current tokenomics, only one factor is capable of catalyzing a rise to more ambitious targets.
Some of these ambitious targets include the $0.001 and $0.01 goals. Notably, the major reason these ambitious targets have garnered attention recently is Shiba Inu’s history of astronomical surges.
🔸 Optimism Among Shiba Inu Investors
For instance, a CoinGecko report from last May confirmed that a $12 investment in Shiba Inu yielded $1 million within a year. This made SHIB one of the most successful crypto assets despite launching just over four years ago.
Expectations of a repeat of the success have attracted more investors. IntoTheBlock data confirms that Shiba Inu’s addresses have grown to 1.35 million at press time. Notably, this figure represents an addition of over 30,000 addresses this year.
Amid the network growth, lofty predictions have kept hope alive. Last month, market analyst Krao predicted that SHIB was on the verge of reaching the $0.001 level. In July, market commentator Luis Delgado said a Shiba Inu rise to $0.01 was a certainty.
However, while Shiba Inu is capable of reaching lower goals, such as the ATH of $0.00008 and the $0.0001 region, despite current market conditions, its ability to claim loftier targets like $0.001 and $0.01 would depend on a change in tokenomics.
🔸 Only Factor That Allows SHIB to Hit $0.001 and $0.01
This change would involve a drastic reduction in its circulating supply, which currently stands at 583.5 trillion, per data from Shibburn. With this much supply, there is not enough money in the market to sustain the market cap that these ambitious targets could produce.
For instance, due to its 583.5 trillion token supply, a price increase to $0.001 would push Shiba Inu to a valuation of $583 billion.
#shib #shibainu
While Shiba Inu has the potential to reach greater heights despite the current tokenomics, only one factor is capable of catalyzing a rise to more ambitious targets.
Some of these ambitious targets include the $0.001 and $0.01 goals. Notably, the major reason these ambitious targets have garnered attention recently is Shiba Inu’s history of astronomical surges.
🔸 Optimism Among Shiba Inu Investors
For instance, a CoinGecko report from last May confirmed that a $12 investment in Shiba Inu yielded $1 million within a year. This made SHIB one of the most successful crypto assets despite launching just over four years ago.
Expectations of a repeat of the success have attracted more investors. IntoTheBlock data confirms that Shiba Inu’s addresses have grown to 1.35 million at press time. Notably, this figure represents an addition of over 30,000 addresses this year.
Amid the network growth, lofty predictions have kept hope alive. Last month, market analyst Krao predicted that SHIB was on the verge of reaching the $0.001 level. In July, market commentator Luis Delgado said a Shiba Inu rise to $0.01 was a certainty.
However, while Shiba Inu is capable of reaching lower goals, such as the ATH of $0.00008 and the $0.0001 region, despite current market conditions, its ability to claim loftier targets like $0.001 and $0.01 would depend on a change in tokenomics.
🔸 Only Factor That Allows SHIB to Hit $0.001 and $0.01
This change would involve a drastic reduction in its circulating supply, which currently stands at 583.5 trillion, per data from Shibburn. With this much supply, there is not enough money in the market to sustain the market cap that these ambitious targets could produce.
For instance, due to its 583.5 trillion token supply, a price increase to $0.001 would push Shiba Inu to a valuation of $583 billion.
#shib #shibainu
Here is Shiba Inu Price if SHIB is Able to Surge as Much as It Did After the 2020 Bitcoin Halving
Shiba Inu staged a spectacular bull run following the third Bitcoin halving cycle that occurred in 2020.
The price gains were so significant that they made many dollar millionaires from those with meager initial capital of below $10,000.
It’s been six months since the fourth and most recent Bitcoin halving occurred, and market participants are pondering how Shiba Inu could perform this time. While future price actions could be challenging to forecast, The Crypto Basic leveraged mathematical reasoning to project Shiba Inu’s potential.Specifically, this article explores Shiba Inu’s prospects for this market season using its historic price action following the 2020 Bitcoin halving.
Shiba Inu Monumental Price Pump Post-2020 Halving
It is worth mentioning that Shiba Inu was not even launched at the time of the 2020 halving in May of that year. Shiba Inu came to life three months later, in August, trading with several zeros.
During this launch phase, Shiba Inu experienced limited trading activity even during Bitcoin’s growth in late 2020. Its price fluctuations from August 2020 to the end of the year were relatively minor, ranging in the low thousands of dollars.
However, this changed by the end of January 2021. By this time, Shiba Inu saw a substantial spike in trading volume, reaching $5.7 million, though its price was still at just $0.00000001.Following the significant trading activity in February, SHIB consistently maintained substantial trading volumes in millions of dollars. When Bitcoin peaked at around $64,000 in April 2021, Shiba Inu had exploded and reached $0.00000417, dropping four zeros.Effectively, from the January low price of $0.00000001 to the October price of $0.00008845, Shiba Inu orchestrated a monumental price growth of 884,400% or an 8,844-fold return on investment in less than ten months.
Shiba Inu Price if It Sees Another 884,400% Growth
At press time, Shiba Inu is worth $0.00001728. Factoring in an 884,400% growth from this current price would amount to a price of $0.1528. With this magnitude of growth, even a $100 investment in $SHIB today would come close to being worth $1 million.
However, market commentators disagree on the prospects of Shiba Inu engineering such monumental growth in this cycle, especially as it is now a crypto project worth several billion dollars already.
For context, at the price of $0.1528, Shiba Inu would have a hypothetical market cap of $90 trillion, assuming its circulating supply does not reduce. This raises the question of what the market cap of Bitcoin could be in such a scenario if SHIB alone would be $90 trillion.
#BNB #shib
The price gains were so significant that they made many dollar millionaires from those with meager initial capital of below $10,000.
It’s been six months since the fourth and most recent Bitcoin halving occurred, and market participants are pondering how Shiba Inu could perform this time. While future price actions could be challenging to forecast, The Crypto Basic leveraged mathematical reasoning to project Shiba Inu’s potential.Specifically, this article explores Shiba Inu’s prospects for this market season using its historic price action following the 2020 Bitcoin halving.
Shiba Inu Monumental Price Pump Post-2020 Halving
It is worth mentioning that Shiba Inu was not even launched at the time of the 2020 halving in May of that year. Shiba Inu came to life three months later, in August, trading with several zeros.
During this launch phase, Shiba Inu experienced limited trading activity even during Bitcoin’s growth in late 2020. Its price fluctuations from August 2020 to the end of the year were relatively minor, ranging in the low thousands of dollars.
However, this changed by the end of January 2021. By this time, Shiba Inu saw a substantial spike in trading volume, reaching $5.7 million, though its price was still at just $0.00000001.Following the significant trading activity in February, SHIB consistently maintained substantial trading volumes in millions of dollars. When Bitcoin peaked at around $64,000 in April 2021, Shiba Inu had exploded and reached $0.00000417, dropping four zeros.Effectively, from the January low price of $0.00000001 to the October price of $0.00008845, Shiba Inu orchestrated a monumental price growth of 884,400% or an 8,844-fold return on investment in less than ten months.
Shiba Inu Price if It Sees Another 884,400% Growth
At press time, Shiba Inu is worth $0.00001728. Factoring in an 884,400% growth from this current price would amount to a price of $0.1528. With this magnitude of growth, even a $100 investment in $SHIB today would come close to being worth $1 million.
However, market commentators disagree on the prospects of Shiba Inu engineering such monumental growth in this cycle, especially as it is now a crypto project worth several billion dollars already.
For context, at the price of $0.1528, Shiba Inu would have a hypothetical market cap of $90 trillion, assuming its circulating supply does not reduce. This raises the question of what the market cap of Bitcoin could be in such a scenario if SHIB alone would be $90 trillion.
#BNB #shib
Shiba Inu's Trillionaire Status at Risk
Shiba Inu (SHIB) is facing a potential exit from the "trillionaires club" as whale transactions have significantly dropped over the past few weeks. On-chain data shows that on Oct. 6, large SHIB transactions were down to 88, with the highest activity in recent days hitting 383 on Oct. 1. More strikingly, transaction volume plummeted from 8.27 trillion SHIB on Oct. 1 to just 1.6 trillion SHIB by Oct. 6. This slowdown could indicate that whales are retreating, possibly waiting for the market to show stronger signals before re-entering. Despite this, SHIB's price remains resilient, up 3.35% in the past 24 hours. The key question now is whether whale activity will pick up again and push SHIB past critical resistance levels.
Max Keiser: XRP Rally? Not Happening
Max Keiser, a known Bitcoin advocate, is not holding back when it comes to XRP. In a recent post, he claimed that an XRP rally is "never going to happen," poking fun at XRP holders with a playful GIF. This comes as the SEC continues its legal battle with Ripple, following the recent appeal that shook the token's price. Ripple's CEO, Brad Garlinghouse, expressed frustration over the SEC's continued push, revealing that the company has already spent over $200 million in legal fees. While XRP saw a drop after the appeal news, it’s now slightly recovering, up 1.74% at $0.5428. The future remains uncertain as the legal drama unfolds, but XRP holders are still holding on.
Bitcoin Core 28.0: What’s New?
Bitcoin's development team just rolled out a significant upgrade: Bitcoin Core 28.0. This latest update brings various improvements and bug fixes aimed at making the Bitcoin mainnet more secure and functional. Among the most notable enhancements are upgraded privacy features, providing users with more secure transactions. This is a key step forward in keeping Bitcoin at the forefront of innovation and adoption in the crypto space.
These developments are shaping the crypto landscape, so keep an eye on the market as things continue to evolve!
#shib #moonbix #BTCUptober #Write2Earn! $SHIB
Max Keiser: XRP Rally? Not Happening
Max Keiser, a known Bitcoin advocate, is not holding back when it comes to XRP. In a recent post, he claimed that an XRP rally is "never going to happen," poking fun at XRP holders with a playful GIF. This comes as the SEC continues its legal battle with Ripple, following the recent appeal that shook the token's price. Ripple's CEO, Brad Garlinghouse, expressed frustration over the SEC's continued push, revealing that the company has already spent over $200 million in legal fees. While XRP saw a drop after the appeal news, it’s now slightly recovering, up 1.74% at $0.5428. The future remains uncertain as the legal drama unfolds, but XRP holders are still holding on.
Bitcoin Core 28.0: What’s New?
Bitcoin's development team just rolled out a significant upgrade: Bitcoin Core 28.0. This latest update brings various improvements and bug fixes aimed at making the Bitcoin mainnet more secure and functional. Among the most notable enhancements are upgraded privacy features, providing users with more secure transactions. This is a key step forward in keeping Bitcoin at the forefront of innovation and adoption in the crypto space.
These developments are shaping the crypto landscape, so keep an eye on the market as things continue to evolve!
#shib #moonbix #BTCUptober #Write2Earn! $SHIB
$DOGS Throughout the history of the cryptocurrency world, miracles always revolve around dogs! Doge went up 30,000 times in one go, Shib went up 10,000 times in one go! Babydoge went up 7,000 times in one go! Dogs is expected to go up 100 times at least! #bnb #btc #doge #shib #writetoearn