Tag: SHIB

The Shiba Inu (SHIB) token is once again attracting attention as a significant transaction indicates that whales may be adjusting their holdings.

Cryptory.net - While the Federal Reserve Governor maintains a skeptical stance on central bank digital currencies (CBDCs), there are individuals who advocate for the United States to consider investing in decentralized tokens such as Bitcoin and SHIB as a means to mitigate the effects of inflation.

Cryptory.net - Many traders are concerned about the possibility of crypto whales selling off their holdings as SHIB approaches its resistance level.

In 2021, Shiba Coin emerged unexpectedly, akin to PEPE Coin. It faced its first bear market due to the Fed's monetary policy. Suffering significant value loss, Shiba Coin continually strives to survive through innovative measures.

Despite Bitcoin's price being confined to a narrow range, these four altcoins exhibit signs of strength.

In the official statement, Binance revealed multiple new collateral assets, one of which is Shiba Inu.

The meme coin market capitalization experienced a positive trend from June 22 to July 23, rising from $15.54 billion to $16.29 billion, a growth of over $759 million or 4.82%.

Cryptory.net - In a recent blog post, the Shiba Inu lead Shytoshi Kusama revealed that their team could launch Shibarium in August 2023.

Cryptory.net - PEPE’s market cap once hit $582 million before falling to $397 million on May 3.