Here I bring you some recent news about Shiba Inu ($SHIB) as of April 17, 2024:
Price and performance:
The price of $SHIB has been in a downtrend over the past week, falling 19.45% to $0.000020 USD. https://www.coinbase.com/price/shiba-inu
The volume of operations in 24 hours is $1,106.52 million dollars.
SHIB is currently 77.94% below its all-time high of $0.000090 USD.
Token burning:
The SHIB burn rate has increased, contributing to bullish price momentum. https://invezz.com/cryptocurrency/shiba-inu/
Meme Moguls, a cryptocurrency influencer, is leading the token burning initiative.
Developments and partnerships:
Shiba Inu has teamed up with online role-playing game WOMBO to create a metaverse gaming experience. https://cointelegraph.com/tags/shiba-inu
Shiba Inu has also partnered with BRAVE Browser to reward users for viewing ads.
Overall Market Sentiment:
Overall market sentiment towards cryptocurrencies remains mixed, with some investors remaining cautious about market volatility.
However, some analysts believe that SHIB has the potential to rebound as adoption increases and more tokens are burned.
Overall, the recent news for Shiba Inu is mixed. The price of the coin has been declining, but the token burn rate and new developments could lead to a recovery.
It is important to remember that cryptocurrencies are highly volatile investments and you should not invest more than you can afford to lose. You should always do your own research before investing in any cryptocurrency.
Here are some resources where you can find more information about Shiba Inu:
https://www.coinbase.com/price/shiba-inu
https://invezz.com/cryptocurrency/shiba-inu/
https://cointelegraph.com/tags/shiba-inu
https://www.coincarp.com/news/
