As for ongoing conflicts no one anticipated how unstable politics and global conflicts would affect market.Following the recent dip in SHIB’s price, the Shiba Inu ecosystem team encourages investors to remain positive in a tough market.
As for Shiba Inu’s recent performance does not align with investors’ expectations. While many market participants expected SHIB to be in a bull phase, usually marked by surging prices, the reverse has been the case due to global conflicts, especially the Israel-Hamas war.
How ever significant progress are still happening behind the scenes despite the recent market downturn. The marketing lead emphasized that they understands investors’ frustrations, especially those expecting quicker gains.
Furthermore, encouraging long-term investors to remain resilient and not allow these short-term fluctuations to undermine their confidence.
While Shiba Inu is showing some positive indicators such as reduced supply and a strong performance relative to other assets.Ignore the daily market fluctuations and concentrate on long-term development and growth and stay positive.
#shiba⚡ #SHIBARMYSTRONG. #crypto #BinanceTurns7
$SHIB

 • SHIB Investor's are on hold for a bull market.
Shiba Inu has captured attention for its community-driven nature and significant price movements.Recently, some financial experts and crypto analysts projected that Shiba Inu could turn bullish and potentially experience a 100x surge in the coming months.Currently, SHIB has increased by 3% in the past 24 hours, reaching $0.00001687.If SHIB breaks out of this pattern, a price increase of around 5.66% could occur.
As meme coins recover, many predictions are emerging about how high their prices could rise, similar to expert predictions for Shiba Inu
The last significant price increase for SHIB occurred at the start of the previous bull market, where a substantial surge was followed by a period of consolidation.
Rising whale activity, combined with an overall crypto market rally, can be viewed as a sign of confidence from investors.
Despite the high expectations for the future, SHIB is currently trading in the red, with its price sitting at $0.00001719 — 1.6% down in the last 24 hours. However, this is a natural correction, given the surge that took place earlier this week. Even with the drop that it saw in the last 24 hours, SHIB is still 8% higher than it was one week ago, and it is likely that the correction will end soon.
 • Global business magazine Forbes highlights.
"Global business magazine Forbes highlights a timeline for Shiba Inu to make a new history in the $0.0001 to $0.0003 price range, representing a price growth of over 1,600%."
 • In a recently updated publication, Forbes editors weighed in on the long-term outlook of Shiba Inu. The report explored the potential trading values of SHIB by up coming years.
further more some analysts believe the price of the asset is yet to reach new dimensions. Earlier this year, the X user Rekt Capital predicted that the valuation might explode by triple digits should it surpass the critical resistance level of $0.00002741. Recall that SHIB briefly conquered the depicted level at the end of last month.
#shiba⚡ #SHIBARMYSTRONG. #crypto #binanceWrite2Earn
$SHIB
$BTC

SHIB's price decline following the WazirX hacking incident creating panic over shib investors.
SHIB faced a massive sell-off as traders panicked and the exploiter offloaded the assets. As of the time of writing, the value of Shiba Inu had decreased by over 8% for the day.
Notably, the memecoin has dipped by over 12% upto now.That said, SHIB’s potential to continue its decline within the channel is higher if the fractal repeats. In this bearish scenario,.Conversely, a retreat from the ongoing correction may have SHIB retest its resistance confluence zone.The potential for a pullback is high, and traders should monitor key levels and indicators closely.
Investors should remain cautious and stay informed about the latest news and updates. As with any investment, it’s essential to conduct thorough research and consider the risks involved. The future of Shiba Inu Coin holds promise, but it will depend on various factors, including market conditions, technological advancements, and regulatory developments.Whether you’re a seasoned investor or a newcomer, staying updated with the latest news and developments is crucial to making informed decisions in this exciting and unpredictable space.It will be interesting to see whether a SHIB price rally will follow the resurgence of the aforementioned bullish indicators in the near future.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article include the author's personal opinions and Readers are encouraged to do thorough research before making any investment decision's.

#SHIBARMYSTRONG. #shiba⚡ #crypto #binanceWrite2Earn #SHIB $SHIB

The movements of whales have always attracted particular attention in the crypto market. Recently, massive transfers of Shiba Inu (SHIB) by whales have caught the attention of investors. These intriguing movements could signal an upcoming bullish trend for the memecoin

Conversely, “non-exchange whales”, which are the 150 largest autonomous wallets, have absorbed these tokens. Their holdings have increased by approximately 6.57 billion SHIB during the same period. This dynamic suggests that investors prefer to transfer their tokens to autonomous wallets for long-term storage, rather than keeping them on centralized crypto exchanges for short-term trading.
The change in whale behavior could indicate a positive development for Shiba Inu. Generally, when investors transfer their tokens off crypto exchanges, it suggests an intention to hold them long-term. This move reduces the sell supply in the market, which can potentially exert upward pressure on the price of the SHIB crypto, especially if demand remains constant or increases.
The timing of this accumulation is also significant. Indeed, it comes as the price of SHIB has dropped by nearly 28% over the past month, now trading around $0.00001749. This accumulation could thus indicate that whales see these price levels as attractive entry points, anticipating a future recovery of the memecoin.
In summary, the recent movements of Shiba Inu whales offer an intriguing insight into market dynamics and possible SHIB price developments. As these large holders seem to bet on a future rise, the crypto market remains attentive to any indication of a trend change.
#crypto #SHIB #Dogecoine #Whaletraders
$SHIB
$DOGE

At press time, SHIB’s price tanked 4.72% to trade at $0.00001858. The token’s 24-hour lows and tops were $0.00001856 and $0.00001941, respectively.

Despite an 874% surge in the burn rate today, per Shibburn’s data, the token has traded in the red zone. Nearly 8 million coins were recorded to have been incinerated in the past 24 hours, failing to cause an upswing.

Today’s price dip primarily aligns with the broader market trend, birthing speculations of a SHIB recovery alongside the broader market recovery potentially lying ahead. The RSI inched slightly toward the buying region, at 53, although the Shiba Inu coin is currently neither overbought nor oversold.

Moreover, in light of the abovementioned hack, SHIB execs have taken to X, expressing concerns. The meme coin’s marketing lead LUCIE stated, ‘I sincerely hope all $SHIB holders get their money back and WazirX India fixes this.’ In addition, executive Kaaldhairya commented, ‘Really sad, stay strong
#shiba⚡ #ShibaArmy #SHIB
#crypto
$SHIB

Shiba Inu coin: Recent on-chain data has once again brought significant attention to one of the largest meme coins by market cap, SHIB. Today, July 18, Whale Alert revealed that over 5 trillion coins were shifted to an address from an Indian crypto exchange. This chronicle has sent tongues wagging across the cryptocurrency landscape, primarily due to an exploitation attack on the Indian exchange. Here’s an in-depth report on the matter.

Over 5T Shiba Inu Coins Sacked From WazirX
According to on-chain data from Whale Alert, 5.43 trillion coins, worth $102.12 million, were illicitly moved from the WazirX crypto exchange today. It’s worth mentioning that WazirX is one of India’s largest CEXs, led by Nischal Shetty.

The transaction was recorded as having been made by the whale address 0x04b21735. This address is reportedly linked to an exploiter, as recent data shows that the Indian exchange was drained of over $230 million worth of crypto as a result of a hack.

Meanwhile, it’s also worth noting that Shytoshi Kusama, Shiba Inu’s lead developer, recently visited Mumbai, India. The transaction emerging in the follow-up of the exploitation and Kusama’s visit has sparked additional discussion across the market.

In the interim, the Shiba Inu coin traded in the red zone today, showing signs of a pullback.

#crypto #shibaInu #shiba⚡
$SHIB

As the broader crypto market witnesses sluggish trading, Ethereum meme coins Shiba Inu Coin (SHIB) and Pepe Coin (PEPE) are catching attention. Despite a market slump, these coins have remained relatively stable, sparking curiosity about their future.
However, recent reports showing massive SHIB and PEPE whale movements to crypto exchange have raised questions about their potential future performance.
Shiba Inu Coin & PEPE Whales Made Significant Moves
In a surprising turn of events, large holders of Shiba Inu Coin and Pepe Coin, often referred to as “whales,” have offloaded a substantial portion of their holdings. According to data from the on-chain analytics platform Spot On Chain, two major whales have recently moved $25.95 million worth of SHIB and PEPE to Binance.
Meanwhile, the first whale, known by the address 0x42a, deposited 1.088 trillion SHIB, valued at $18.12 million. This whale accumulated these coins during November and December of 2023, which was the market bottom. Notably, the whale’s estimated profit stands at an impressive $8 million, reflecting a 79% gain.
In addition, the second whale, identified as 0x837, deposited 700 billion PEPE, worth $7.83 million. Despite this significant transfer, the whale still holds 800 billion PEPE, valued at $9.22 million. However, their total loss on these holdings is estimated at $3.47 million, reflecting a 15% decline.

#shiba⚡ #shibaInu $SHIB

Should You Buy Shiba Inu While It's Worth Less Than $0.01?

The canine-themed cryptocurrency still needs to carve out a defensible niche.

Shiba Inu (SHIB 7.97%) has only traded at fractions of a penny since its launch nearly four years ago. The meme token, which was created as a parody of Dogecoin (DOGE 3.91%), started trading at $0.000000000056, hit an all-time high of $0.000086 in October 2021, but now trades at about $0.000018.

However, that means a $100 investment would have grown to $153.57 million before shrinking back to roughly $30.36 million today. That's an impressive gain, but some bullish investors believe Shiba Inu could still rise more than 58,700% to $0.01.

That view is backed by Lucie, a leading Shiba Inu team member who once told her 143,700 followers on X that she "always believed" it could hit $0.01. So should investors buy Shiba Inu while it's still trading far below that target?

Shiba Inu's strengths and weaknesses
Shiba Inu was built on the Ethereum blockchain. Its entire supply of nearly 1 quadrillion tokens was pre-mined before launch, but it's already burned (taken out of circulation) more than 40% of its tokens to tighten up its supply.

Shiba Inu uses the same power-efficient proof-of-stake (PoS) method as Ethereum instead of the energy-intensive proof-of-work (PoW) mining method used by Bitcoin and Dogecoin. Like Ethereum and other PoS blockchains, Shiba Inu's network supports smart contracts that can be used to develop decentralized apps (dApps), non-fungible tokens (NFTs), and other crypto assets.

Therefore, Shiba Inu's value is usually gauged by the growth potential of its ecosystem. That long-term expansion could be driven by its cross-chain decentralized exchange (DEX), ShibaDEX, and its Layer-2 blockchain protocol, Shibarium.

However, Shiba Inu has three glaring weaknesses. First, it's still pinned to the Ethereum blockchain and ultimately limited by its speed restrictions. That means it processes its transactions at a much slower rate than Solana (SOL 2.69%), Cardano (ADA -0.47%), and other newer PoS blockchains that are gradually pulling developers away from Ethereum.

Second, a few anonymous whales still hold trillions of Shiba Inu tokens. These big investors could easily move its price with huge and unpredictable trades. Lastly, Shiba Inu is only accepted for payments at a handful of businesses, and it probably won't gain as much momentum as Bitcoin or Ethereum as a mainstr#eam payment options.

Explore the major developments in Shiba Inu coin
Shiba Inu Coin (SHIB) has been one of the most talked-about cryptocurrencies in recent times. Known as the “Dogecoin Killer,” SHIB has garnered a massive following and has seen significant price movements. This article delves into the latest news and updates surrounding Shiba Inu Coin, providing insights into its recent performance, major events, and future prospects.
Recent Price Movements
As of July 19, 2024, Shiba Inu Coin has experienced notable price fluctuations. Recently, the price peaked at US$0.0000172 amid a broader crypto rally.
Major Events and Developments
Shiba Shootout Presale: One of the significant events in the Shiba Inu ecosystem was the Shiba Shootout presale. This event attracted considerable attention and investment, although it also coincided with a price drop for SHIB as traders shifted their focus to the new project.
Security Breaches: Shiba Inu Coin was recently affected by a major hack on the WazirX exchange, where hackers stole 5,433,750,000,000 SHIB. This incident led to a significant sell-off, further impacting the coin’s price. The hack has raised concerns about the security of cryptocurrency exchanges and the need for enhanced measures to protect investors.
Lending Campaign: In a positive development, Japanese financial giant SBI VC Trade launched a Shiba Inu lending campaign with attractive interest rates. This initiative aims to provide SHIB holders with opportunities to earn passive income, thereby increasing the utility and attractiveness of the coin.

The Indicators’ Resurgence
Despite experiencing a daily price correction of around 7%, Shiba Inu witnessed the revival of some important metrics related to its ecosystem.

The burn rate, for example, has skyrocketed by 450% in the past 24 hours, resulting in almost 50 million tokens sent to a null address. The USD equivalent of the stash might be insignificant, but continuous efforts in that field can have a positive effect on the price.

Data shows over 41% of SHIB’s total supply has been destroyed. Reducing the circulating supply leads to scarcity, which could push the meme coin’s value up (assuming demand stays the same or rises).

Shiba Inu whales have also been quite active as of late. According to IntoTheBlock, aggregated daily volume (where each transaction exceeds $100,000) neared $900 million, representing a whopping 1,800% increase compared to the figure observed on July 18.

Some Shibarium metrics, including active accounts, new transactions, and verified contract growth, have also headed north in the past few days.

The layer-2 scaling solution saw the light of day less than a year ago, aimed at fostering the development of Shiba Inu by reducing transaction costs, improving speed, and enhancing scalability. For more updates on the matter, make sure to check out our Shibarium news.

It will be interesting to see whether a SHIB price rally will follow the resurgence of the aforementioned bullish indicators in the near future.
#SHIB، #shiba⚡

Shiba Inu’s valuation might have declined lately, but it remains well in the green on a weekly scale. Additionally, the price is up a staggering 125% on a yearly basis, which has benefited numerous investors.

Currently, 52% of the SHIB holders are sitting on paper profits, while 46% are in the red. This is an impressive comeback compared to the stats recorded in September 2023. Back then, almost 90% of the Shiba Inu investors were underwater.

Some analysts believe the price of the asset is yet to reach new dimensions. Earlier this year, the X user Rekt Capital predicted that the valuation might explode by triple digits should it surpass the critical resistance level of $0.00002741. Recall that SHIB briefly conquered the depicted level at the end of May