Shiba Inu is a meme coin that launched in 2020 and exploded onto the scene during the bull market of 2021. In 2021, token reached a market cap high of $32.84 billion and, despite dropping drastically from this valuation, SHIB’s early 2024 run up the charts has seen in regain a market cap of almost $20 billion—and it now sits 10th in CoinMarketCap’s rankings.
However, the Shiba Inu team has proved resilient, and have implemented numerous improvements that have taken Shiba Inu from an average meme coin to a thriving ecosystem and one of the most prominent shitcoins. This Shiba Inu price prediction forecasts the SHIB price between 2024-2030, taking into account at its utility, tokenomics, community, the wider crypto market, and much more.
Shiba Inu Price Prediction Summary
Shiba Inu was launched as an ERC-20 token in August 2020.
In October 2021, SHIB reached its all-time high (ATH) of $0.00008845.
It looks as though SHIB may fall further before it rights itself again, with its indicators beginning to show signs of a loss of momentum.
This is particularly the case with its relative strength index (purple), which has recently fallen from over 90 to 80 today, with the coin likely to continue dropping from an overbought position. What SHIB’s RSI tells us is that the coin is falling because buyers have been taking profits, following the coin’s very aggressive rises over the past week or so.
Yet its 30-day average (yellow) continues to climb at a steep angle, after a long period of flatlining.
This suggests that, in the medium- and long-term, SHIB has plenty of room to continue rallying, give or take a few brief correction.
Its 24-hour trading volume also continues to look healthy, standing at around $4.5 billion today.
Binance Locks 14 Billion USDT for Hamster Kombat Airdrop
Only one day left! BNB and FDUSD holders can join the $HMSTR Launchpool and earn rewards in the Hamster Kombat ecosystem.
In a thrilling update for the Hamster Kombat community, Binance has locked 14 billion USDT to help launch 3 billion $HMSTR tokens through its Launchpool. This shows the strong excitement among players and investors wanting to join the game.
With just one day left to participate, holders of BNB or FDUSD tokens can still join the $HMSTR Launchpool. This is a great chance to be part of the Hamster Kombat ecosystem, where users can earn rewards while playing the game.
The $HMSTR tokens will give players new ways to enjoy Hamster Kombat, improving the gaming experience. The buzz around this launch points to a bright future for both the game and its community.
As the launch date nears, more announcements and updates are expected, keeping the excitement alive. Interested players should act fast to secure their spot before time runs out!
Alchemy Pay Partners with Catizen to Simplify $CATI Token Purchases
Alchemy Pay has partnered with Catizen to list the $CATI token on its on-ramp. This partnership makes it easier for users to buy $CATI directly with fiat currencies. Following the recent launch of the token, users can now make purchases using credit cards, bank transfers, and other local payment methods. This news was shared on Alchemy Pay’s official X account. Earlier, $CATI was listed on multiple exchanges recently.
Alchemy Pay Makes $CATI Easily Accessible with 50+ Fiat Currencies $CATI is the utility token for Catizen, an online play to earn game on Telegram where users act as mayors of a virtual city inhabited by cats. Since this integration with Alchemy Pay, it is easier than ever to purchase $CATI with over 50 fiat currencies on the platform. The integration also occurs in a way that makes it easy for users to transact with familiar payment methods, which helps in a way to ease newcomers into the crypto realm.
The partnership is consistent with Alchemy Pay’s goal of making cryptocurrency more easily accessible by creating a direct connection between fiat and crypto. With the help of $CATI, Alchemy Pay helps extend Catizen’s gaming ecosystem through the integration of $CATI into AlchemyPay’s on-ramp platform. This means that players and supporters from around the globe can interact with $CATI without the need to own any cryptocurrency in the first place, making it more inviting. #CATIonBinance #catizen #BinanceLaunchpoolHMSTR
If You Had Bought $100 of $BTC yesterday You would have gained pretty much profit today But Who Knows. Although you can still have a chance to get profit from it because it hasn't reached it all time high or even it could pump it more than that. But As I Say Who Knows... #BnbAth #FIT21 #btc70k #StartInvestingInCrypto #ETHETFsApproved $BNB $ETH
Play-to-Earn Token Notcoin (NOT) Price Surges 40% After Airdrop; Community Cheers
A surprising name is surging in popularity in the crypto world lately, and it’s not what you might expect.
Notcoin! This web3 clicker game has captured the attention of crypto enthusiasts everywhere which is sending its token value skyrocketing.
Notcoin (NOT) recently surged by an impressive 33.42% to $0.006884, driven by strong community support in surveys, which favored it over Bitcoin. The Notcoin team’s efforts to boost user engagement and investment interest through a recent airdrop and innovative earning missions paid off.
Last week, Notcoin witnessed an astounding 600% surge on major exchanges like Binance and OKX following its listing. On-chain statistics reflect a significant increase in market liquidity and investor participation post-listing. #Notcoin👀🔥
Why Buy $NOT ? 1. Dispelling Preconceptions: Before delving into the reasons for buying Notcoin, it's crucial to set aside any preconceptions about the project's potential. Determining whether a product is "good or not" is subjective and depends on various factors and individual perspectives. Instead of focusing on subjective assessments, evaluate Notcoin objectively based on concrete analyses and data. 2. A Robust Community: Notcoin's standout feature is its large and enthusiastic community of investors. This is considered a key factor in the long-term success of any project. Notcoin boasts the most robust community in the crypto market, with unwavering support and a strong sense of unity. 3. Opportunities for Small Investors: Notcoin did not conduct presales or private sales, leveling the playing field for all investors, particularly small ones. This helps curb price manipulation and ensures transparency throughout the investment process. #Write2Earn! #Notcoin👀🔥
follow & like for more information 🐸🐸🐸🐸🐸🐸 🐸🐸🐸🐸🐸🐸#PEPE #PEPE e cryptocurrency has recently shown significant growth, which has attracted the attention of many investors. Perhaps its price will remain at high levels for some time, but I personally foresee a possible decline. Such rapid growth is usually accompanied by a price correction in the future. Therefore, it is important to exercise caution when dealing with this coin and make decisions based on fundamental and technical analysis. Understanding possible risks and consequences is a key aspect in an investment strategy. Remember that the cryptocurrency market is known for its high volatility, so it is recommended to diversify your portfolio and maintain a balance between potential profits and risks. #PEPE🌪️ #pizzaday #PEPE
Dogecoin Breakout: Analyzing Indicators for Potential Upside
The Dogecoin price chart has witnessed a significant breakout, surpassing the crucial level of $0.156. This level had previously acted as a resistance zone, confining its price movements within a specific range for an extended period. The successful breach of this barrier opens up new possibilities for further price appreciation.
Dogecoin has also reached the upper Bollinger Band level. A decisive move above this level could signal a more robust bullish sentiment among traders, potentially propelling the price towards the $0.20 mark.
Dogecoin’s Relative Strength Index (RSI), represented by the purple line, has moved from yesterday’s reading of 30 to just over 50, suggesting growing investor interest.
Furthermore, Dogecoin’s price exceeds the 50-day and 200-day Simple Moving Average (SMA) lines. These moving averages act as crucial support levels, and Dogecoin’s position above them signifies a potentially sustained uptrend.
An intriguing observation is the recent over 280% uptick in Dogecoin’s trading volume. This brings the 24-hour trading volume to nearly $3 billion. While this signals an uptick in trading activity, it remains uncertain whether it results from whales selling off coins to take profits.
Moreover, recent data suggests that whales have been offloading their Dogecoin holdings rather than accumulating more. On May 19, WhaleAlert shows that 120,000,000 DOGE tokens ($18,555,179) have been moved from an unknown wallet to a Robinhood exchange. This could delay a substantial rebound in the short term.
Dogecoin (DOGE) Price Analysis As $2 Billion Enters the Market – $1 on the Horizon?
Dogecoin, the meme-inspired cryptocurrency, has once again captured the attention of investors with its notable strides. In the last 24 hours, a staggering $2 billion has flowed into the Dogecoin market, bringing its valuation from $22.79 billion as of May 20 to $24.9 billion today.
DOGE now trades above the $0.16 threshold, with a nearly 11% increase in the last 24 hours. This sudden influx of capital and price surge has reignited the dreams of Dogecoin believers. But how far can DOGE sustain this rally? Is the ascent to $1 imminent? Let’s find out! #DOGE🔥🔥 #pizzaday #ETHETFS #PEPE #btc70k
Dogecoin (DOGE) Breakout Could Lead to a 21% Price Increase
Dogecoin’s price rose by 11% in the past day when the entire crypto market rallied, bringing the meme coin to trade at $0.163. This led to the traders who were pining for a price fall losing their money, as evident in the short liquidations worth nearly $7 million.
This is the largest single-day short liquidation in more than two months. Historically, such large liquidations have seen rises in the following days, and the same is anticipated presently. This liquidation may also result in the bears backing off as investors await a rally.
Investors’ optimism is fueled by the $1.28 billion worth of profits they will witness. According to the Global In/Out of the Money (GIOM) indicator, about 7.87 billion DOGE were bought between $0.16 and $0.18.
This supply could turn profitable soon since Dogecoin’s price is exhibiting bullish signs. However, this would warrant a breach of the $0.16 resistance level. Since DOGE holders are close to noting such huge profits, they will likely act accordingly until the altcoin hits $0.18. #DOGE🔥🔥 #doge #ETHETFS #altcoins #BinanceLaunchpool
The crypto market has seen a significant rise over the past 24 hours. The global cryptocurrency market capitalization increased by 7.5%, totaling $2.75 trillion.
At the time of writing on Tuesday morning (UTC), only four coins among the top 100 are down.
Arweave (AR) fell the most among these four: 7.3% to $45.27.It is followed by GALA’s 3%, Zebec Protocol (ZBC)’s 2%, and Jupiter (JUP)’s less than 1%.
On the other hand, the best performer in this category today is Lido DAO (LDO). It’s up 30.5% to $2.3. Pyth Network (PYTH) and Ethena (ENA) are up over 20%.
Nearly 30 other coins have recorded double-digit increases. Furthermore, all top 10 coins per market cap are up today.
At the top of this category we find Lido Staked Ether (STETH) and Ethereum (ETH). They are up 18.4% each. Dogecoin (DOGE) is the next best performer, having gone up 8.5% to $0.16348.
Solana (SOL)’s is the smallest increase. It’s up 3.2% to $182.93. Bitcoin (BTC) appreciated 6.6%, surpassing the $70,000 mark again, now trading at $71,163. Bitcoin has also achieved all-time highs against local currencies in several countries across Asia and South America.
Meanwhile, Ethereum, as said, went up 18.4%, currently changing hands at $3,659. The odds for Ethereum exchange-traded fund (ETF) approval seem to have increased, as the US Securities and Exchange Commission (SEC) asked exchanges to update their spot Ethereum ETF filings.
Microsoft Announces Over 50 Updates at Build 2024 Developer Conference According to PANews, Microsoft held its Build 2024 Developer Conference in Seattle, USA, on May 22, where the tech giant announced more than 50 updates. These updates range from the construction of AI infrastructure to the implementation of model products. Noteworthy updates include Team Copilot, which transforms personal intelligent assistants into team assistants; Microsoft Fabric, a real-time intelligence that provides SaaS solutions; Azure AI, which brings new frontier models and multimodal functions; and the Cobalt chip, an updated self-developed AI chip. Microsoft CEO Satya Nadella opened the conference by discussing Microsoft's two dreams for computers: one is to let computers understand us, rather than us understanding computers; the second is to let computers help us effectively reason, plan, and act in a world where information is constantly increasing. OpenAI CEO, Altman, revealed OpenAI's new model at the conference. He stated that the new modality and overall intelligence will be key to OpenAI's next model. He claimed that the model will become smarter, stronger, safer, and that GPT-4o will be faster and more cost-effective. Altman noted that the industry has not experienced a platform revolution for some time, but it is now undergoing such a period. He advised developers to take advantage of this, stating, 'Now is not the time to postpone plans or wait for the next opportunity. This is a special moment. In the next few years, many things will happen, and many great new things will begin to emerge.'#ETHETFS #btc70k #altcoins #BinanceLaunchpool #BlackRock
According to Odaily, OP3N has announced a partnership with Avalanche and AvaxDAO to launch the first Web3 Content Creator House in Portugal. The OP3N Lisbon House, supported by Avalanche, will operate from May 28 to June 2 during the Lisbon Football Championship. This initiative aims to foster collaboration between Web3 content creators and Key Opinion Leaders (KOLs). It is reported that the OP3N House will host ten KOLs, with a combined fan base of over 580,000 people, in addition to many other visiting creators. In March of the previous year, OP3N, an AI-based Web3 platform, completed a Series A financing round of $28 million at a valuation of $100 million. The round was led by Animoca Brands, with participation from Dragonfly Capital, SuperScrypt, Creative Artists Agency, Connect Ventures of New Enterprise Associates, Republic Crypto, Blizzard Fund of Avalanche, Galaxy Digital, Warner Music Interactive, GSR Markets, The Spartan Group, BRV Capital Management, and NBA player Russell Westbrook. #ETHETFS #btc70k #altcoins #BinanceLaunchpool #BinanceLaunchpool
SHIB’s chart is looking promising today, with the coin looking ready to post some more gains after its surge earlier this week
The meme coin has just broken through its downtrend (yellow). This decisive breakthrough indicates a shift in momentum toward an uptrend and a continuation of the price increase.
Other indicators support this, with SHIB’s relative strength index (RSI) line (purple) rebounding towards 60, up from a low of 30 earlier this week. This suggests that the recent downtrend was temporary and does not signal a complete shift in momentum.
Additionally, the meme coin’s 30-day moving average (orange) is trending upward above the 200-day average (blue) in a continuation from the past week. This suggests that SHIB is currently overbought – indicating confidence among traders.
The coin’s 24-hour trading volume has also risen in recent days, with its move up 135.12% to $914.28M. This confirms increased interest in SHIB among investors.
Several factors contribute to optimism about SHIB’s price, including the broader market’s upward trend following a slowdown in March.
Shiba Inu Price Prediction as SHIB Spikes Up 6% as Attention Returns to Meme Coins – Time to Buy?
The SHIB price has raised 7.55% in the past 24 hours, increasing to $0.000026. This comes as the crypto market as a whole has experienced a surge.
SHIB is now up 9.96% in the past week, indicating a reversal of its monthly 2.56% price decrease.
In the past year, the altcoin has seen a substantial return of 192.05%, as per Binance data.
This is significant compared to the returns of major tokens like BTC, ETH, and SOL in the past 12 months. Suggesting that SHIB is seeing widespread interest among investors.
This recent price action follows the return of 2021 market catalyst Roaring Kitty, the trader known for sparking the GameStop frenzy as well as promising news emerging regarding an Ethereum ETF approval this week. #SHIB💥 #btc70k #btc70k #ETHETFS #altcoins
💲 Shiba Inu Spotlight 💲 1,084 Days After Vitalik Buterin's Historic 410 Trillion SHIB Burn 🔥 A Historic Moment in Crypto History! 🔥 Nearly three years ago, Ethereum co-founder Vitalik Buterin shook the crypto world by executing a massive burn of Shiba Inu (SHIB) tokens, removing a staggering 410 trillion from circulation. This bold move, valued at $6.7 billion, marked a pivotal moment for SHIB and the broader market. On May 17, 2021, Buterin burnt 90% of his SHIB holdings, reducing the total supply by almost half, and donated the remaining 10% to charity. His act reflected a commitment to decentralization and community empowerment. Now, 1,084 days later, the impact of this historic burn continues to reverberate. While the immediate aftermath saw a mild price spike, the long-term effects have been nuanced, reflecting the complex interplay of technological advancements, market dynamics, and investor sentiment. With SHIB's current price reflecting a complex mix of factors, the Buterin burn remains a landmark event in crypto history, now valued at a whopping $10 billion. The Shiba Inu community has continued to advance SHIB burns, with recent burns totaling billions of tokens, alongside BONE and LEASH. In the last 24 hours alone, over 4.7 million SHIB tokens were burned in six transactions, underscoring the ongoing commitment to reducing supply and supporting the token's value. Stay tuned as the crypto landscape evolves, and let's continue to celebrate the milestones that shape our decentralized future! 🚀#SHIBBreakout #SHIBA🔥 #SHİB #CryptoWatchMay2024
The Shiba Inu price is $0.00002208, a change of -1.33% over the past 24 hours as of 5:00 a.m. The recent price action in Shiba Read more... The shiba inu coin, or SHIB, is an ERC-20 token that fuels the Shiba ecosystem. #SHIB💥 #Megadrop #Token2049 #bitcoinhalving #BullorBear
Despite the initial recovery attempt engineered yesterday, Shiba Inu still trades below the pivotal 50-day EMA amid the Israel-Iran situation and market crash.
Shiba Inu has been on a downward slope like the rest of the crypto market since April 9. Down 24% from its opening price on April 9, SHIB has breached multiple crucial support thresholds amid the price collapse, currently changing hands below the $0.000022 psychological support.
The market saw a glimmer of hope yesterday after Bitcoin (BTC) retested the $59,700 support and Ethereum (ETH) touched the $2,960 level. Both assets recovered significantly, leading to a bullish response from the rest of the market, with Shiba Inu recording a 3.31% close to the day.
However, the bearish pressure has returned this morning, resulting in a 3.82% drop in SHIB’s price today. This resurgence of selloffs was triggered by multiple factors surrounding the crypto market, unfavorable macroeconomic conditions, and geopolitical tensions. #Megadrop #bitcoinhalving #Token2049 #BullorBear #SHIB💥