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Shiba Inu – Page 5 – BitcoTasks BLOG
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Shiba Inu Exchange Balances Reach New Low As SHIB Bounces Off Golden Ratio

Shiba Inu

The Shiba Inu ecosystem has been subjected to reveals a bullish trend among SHIB investors, with the exchange balance dropping to new lows.  Adding to the bullish case is the fact that SHIB’s price has bounced right off the key 0.618 Fibonacci ratio level, otherwise known as the “golden ratio.” These metrics, in combination, are…

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Shiba Inu Whales Move Over 3.19 Trillion SHIB, Where Are They Headed?

Shiba Inu

Shiba Inu has constantly managed to trade above $0.000021 last week amidst an ongoing tussle between the bulls and bears. On-chain data has indicated some serious whale movements during this period, with trillions of SHIB shuffled in and out of exchanges.  The price of SHIB went through a decline earlier in the week from an…

Shiba Inu Whales Move Over 3.19 Trillion SHIB, Where Are They Headed? Read More »

Shiba Inu Team Fixes Shibarium Outage As SHIB Readies For Potential Surge

Shiba Inu

In a recent update, Shiba Inu developer Kaal Dhairya (@kaaldhairya), confirmed that a temporary outage affecting the Shibarium network has been resolved. The outage, triggered by networking issues among validators, briefly disrupted services within the Shiba Inu ecosystem, specifically the layer-2 blockchain solution, Shibarium. Kaal detailed the cause and the subsequent resolution of the problem,…

Shiba Inu Team Fixes Shibarium Outage As SHIB Readies For Potential Surge Read More »

Shiba Inu (SHIB) Price Jumps On Growing Support From 1.4 Million Holders

Shiba Inu

Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” is making headlines again. After a rollercoaster year in 2023, the canine-themed meme coin is exhibiting signs of life in the first half of 2024. With a growing holder base, a strategic support network, and a recent price jump, SHIB seems poised for a potential climb. However, lingering…

Shiba Inu (SHIB) Price Jumps On Growing Support From 1.4 Million Holders Read More »

Shiba Inu Burn Rate Sees 81% Daily Increase, But Why Is Participation Low?

Shiba Inu

The Shiba Inu burn rate has seen another daily increase, which is a welcome development for the community. However, the figures being burned paint another picture, especially when it comes to participation from Shiba Inu holders in the SHIB burning initiative. Shiba Inu Burn Rate Rises 81% The Shiba Inu daily burn rate saw a…

Shiba Inu Burn Rate Sees 81% Daily Increase, But Why Is Participation Low? Read More »

Shiba Inu Insider Reveals Top 5 Shibarium Investment Rules

Shiba Inu

In a post on X (formerly Twitter), Lucie, the marketing lead for Shiba Inu, has provided potential investors with a new set of guidelines for evaluating projects within the Shibarium ecosystem, a dedicated layer-2 blockchain aimed at enhancing the Shiba Inu network. This guidance focuses on critical factors that reflect a project’s contribution to the…

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Shiba Inu Sell Pressure Is Dropping – Here’s What It Means For Price

Shiba Inu

The majority of Shiba Inu investors have been left confused about the crypto’s price trajectory in the past few weeks. While the crypto has experienced a period of stagnation in the past two weeks, recent on-chain data shows that the outlook might be looking bullish again, particularly as selling has slowed dramatically this week. At…

Shiba Inu Sell Pressure Is Dropping – Here’s What It Means For Price Read More »

Crypto Analyst Predicts Shiba Inu Price Will Reach $0.0001 If This Happens

Shiba Inu

A crypto analyst has raised the possibility of Shiba Inu (SHIB) rising to as high as $0.0001. As part of his analysis, he highlighted certain factors that could contribute to the meme coin experiencing this parabolic price surge.  Shiba Inu To Rise To $0.0001 If History Repeats Itself Crypto analyst Bunchhieng suggested in his analysis…

Crypto Analyst Predicts Shiba Inu Price Will Reach $0.0001 If This Happens Read More »

Shiba Inu Surpasses 4 Million Addresses, Ignites Frenzy

Shiba Inu

Shiba Inu has achieved a significant milestone by surpassing 4 million addresses. This feat marks a historic moment for the token, symbolizing its growing popularity within the digital asset community. Analysis of address metrics on Glassnode reveals a steady uptrend in Shiba Inu’s address count over the past few months, culminating in this impressive milestone.…

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Crypto Analyst Drops Trading Strategy To Profit Off Shiba Inu’s Next Leg Up Above $0.00003

Shiba Inu

Crypto analyst Kamaz recently dropped a bullish trajectory analysis regarding Shiba Inu on its journey to reaching above the $0.00003 mark again. In his latest update, Kamaz noted three bullish price targets for SHIB in a long position after noting a potential market upswing. Interestingly, this bullish prediction comes amidst a wider market uncertainty and…

Crypto Analyst Drops Trading Strategy To Profit Off Shiba Inu’s Next Leg Up Above $0.00003 Read More »

Shiba Inu Sees Bullish Reversal In On-Chain Metrics, Can SHIB Price Recover?

Shiba Inu

Shiba Inu (SHIB) could be on the brink of a price recovery following a bullish reversal in critical on-chain metrics. This also includes the burn rate, with a recent development showing a sustained increase in the number of SHIB tokens burned.  Shiba Inu Demand Looks To Be On The Rise There has been an increase…

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