Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains

Popular ERC-20 meme coin Shiba Inu ($SHIB ) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024.

At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year.

By comparison, the world’s favorite cryptocurrency, Bitcoin ($BTC) is up 158%, Ethereum ($ETH) added 115% over the year, and $SHIB ’s top rival, OG doge meme coin Dogecoin ($DOGE) has grown 137.5% over the last 365 days.

However, the token’s performance over the last three months shows it facing stiffening resistance (indicated by the red trend line), even as its support level (green trend line) is increasing. The data indicates $SHIB ’s price has been relatively stable over the last month as it consistently trades slightly above its 30-day moving average, represented by the graph’s blue line.

With a relative strength index (RSI) hovering around the high 60s, Shiba Inu is close to being overbought (70 is the threshold). The recent spate of buying is likely driven by last week’s news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Shiba Inu’s native blockchain.

Mega Dice’s $DICE Tempts Shiba Inu Holders

Shiba Inu has realised that very few meme coins will survive the post-adoption future, when crypto will become a ubiquitous means of payment and store of value for the general public. That’s why earlier this year, the team behind it announced a $12 million fundraise towards a new privacy focused layer-3 blockchain.

NOTE; Please DYOR

#shiba⚡ #Shibainuholder #SHIBAUSDT #ShibaFundamentalAnlysis #ShibaArmstrong #bullish

#Shiba Inu: $100 to $1.6 Billions
If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.👀👀👀

Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens.

The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.🚀🚀🚀

This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.🔥🔥🔥

Here is a table that summarizes your investment:🐮🐮🐮
Investment, Purchase price, Sale price, Profit
$100 in $SHIB $0.000000000056 $0.00008845 $1.6 billion

Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB

#ShibaFundamentalAnlysis

like & follow @india_crypto

Shiba Inu Investors Scoop up 1,710,000,000,000 SHIB in a Single Day..

#Shibalnu investors holding between 0.1% and 1% of SHIB’s circulating supply procure over 1.71 trillion (1,710,000,000,000) tokens in a day amid the 9% price spike.

This marked #shiba⚡ highest daily gain in four days, triggering a rejuvenation of investor interest. This renewed interest led to a 109% increase in Shiba Inu’s volume to $709 million on May 20, per CoinMarketCap data.
#PEPE‏ #altcoins #ShibaFundamentalAnlysis
DATE:

MAY 22, 2024

WRITTEN BY: Mr_Coda

Can #shiba⚡ hit 0.05 in this year...?

Jason Williams and Yazan, two widely followed $BTC analysts, have proposed a target of $0.05 for Shiba Inu in this bull market.

In his post, Yazan argued #Shibalnu would hit five cents in a scenario where $BTC attains $777K this season. On the other hand, Williams proposed the $0.05 outlook SHIB should $BTC reach $250K
#ShibaFundamentalAnlysis
#shibabullbear #SHIBARICHLIST

#SHİB INU is in a bullish pennant flag that is about to break out to the upside. It is a beautiful flag with a huge pole, perfectly executed.
The Fibonacci retracement is giving us the target price (TP) with 100% potential.
Just follow the chart; it is pretty obvious. The Stochastic RSI is about to pump on the daily chart.
Everything is aligned for a bullish wave.
DYOR (Do Your Own Research), as anything can happen. This is my personal opinion, not investment advice.
#Shibainuholder #ShibaFundamentalAnlysis #Shibalnu #ETHETFS

Buy Entry right know shib. Going towards new high. #Shibainuholder #ShinaInuOfficialTEAM #ShibaFundamentalAnlysis

look here shib 2020 lowest price and now current price
how poeple are say shib will go 1$?

I dont think so. just trade and see....

how many agreed with my point?

follow n share
#shib
##ShibaFundamentalAnlysis
#MemeWatch2024 #notcoin #BTC

$SHIB The Shiba Inu team wants everyone to know that there are no official giveaways for SHIB tokens. They're warning people about scams pretending to be connected to SHIB, especially those appearing under official SHIB posts. Airdrops, where tokens are given out for free, are common in the crypto world. But some scammers use this to trick people into giving them money. The SHIB team is being proactive by telling everyone there are no official airdrops happening. They want to stop SHIB supporters from losing money to these scams. Scammers can be sneaky, like copying official posts or using similar names. So, the SHIB team says to be careful of any offers you didn't ask for. If someone asks for money or your private keys, it's probably a scam. The official SHIB X account tweeted a reminder to watch out for scams and not click on suspicious links. They're telling the SHIB community to be careful and protect their wallets.#ShibaFundamentalAnlysis

Predicting the future value of any cryptocurrency, including Shiba Coin, is highly speculative and uncertain. Many factors can influence its price, including market demand, investor sentiment, regulatory developments, and technological advancements. While it's theoretically possible for Shiba Coin to reach $1, it would require significant adoption and support within the crypto community, as well as broader acceptance in mainstream markets. However, such predictions should be taken with caution as the cryptocurrency market is known for its volatility. #ShibaFundamentalAnlysis #SHIBUpdate #Shibalnu

#ShinaInu
#ShibaFundamentalAnlysis
Here are the full details and fundamentals of Shiba Inu (SHIB) ¹ ² ³:
*What Is Shiba Inu (SHIB)?*
- Shiba Inu is an Ethereum-based altcoin that features the Shiba Inu as its mascot.
- Shiba Inu is widely considered an alternative to Dogecoin and is touted as "the Dogecoin killer" by its supporters, a community calling itself the SHIBArmy.
- Shiba Inu was created in August 2020 by an individual or group called Ryoshi.
- Shiba Inu's price peaked more than tenfold on Oct. 29, 2021, giving it a market capitalization of $41 billion at the time.

*Key Features*
- Shiba Inu is a decentralized, community-led currency held by millions across the globe.
- Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon.
- Shiba Inu is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries.
- Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi."
- Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.
- This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin.

*How Does It Work*
- The guiding tenets of the Shiba Inu ecosystem are spelled out in a "woof paper" (presumably a play on the term "white paper"), available at the (link unavailable) website.
- According to the paper, Shiba Inu was developed to answer a simple question: "What would happen if a cryptocurrency project was 100% run by its community?"
- Its founder, Ryoshi, attributes its origins to an "experiment in decentralized spontaneous community building."
- According to Ryoshi, the power of collective decentralization can build something stronger than a centralized team ever could create.
- The SHIBArmy's base of nearly 500,000 Reddit members embraces its founding principles, which are: