The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion worth of meme crypto-assets represents 2% of the $2.32 trillion crypto economy. Dogecoin and shiba inu alone capture roughly 85.28% of the meme crypto market […]
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]]>Shiba Inu is up 12% in price today, even though Bitcoin and Ethereum remained relatively flat. SHIB is currently trading at $0.000056 holding support extremely well. In our last night’s report, Shiba Inu went down 10% as Robinhood COO discussed the potential SHIB listing. However, the price correction yesterday was most likely due to the global crypto market having a bad day. Today, Bitcoin was able to hold support, and Ethereum increased by 2%. As expected, SHIB’s price amplified ETH’s price fluctuations, increasing over 10% in the past 24 hours. This further reinforces the idea that because SHIB is an
The post Shiba Inu Gets Shoutout from Island Boys, Price Goes Up 12% appeared first on The Merkle News.
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]]>At today’s Crypto Goes Mainstream live event, Robinhood’s COO Christine Brown discussed Shiba Inu when asked by the host “When SHIB?” Her response was, “One of my favorite things is seeing the community around these coins really engage with us and really let us know what they want.” Further clarifying that when it comes to Robinhood’s strategy about what they are going to list she said, “we’re not going to talk about it.” Mrs. Brown went on to explain that Robinhood’s strategy is different than its competitors, who are trying to list the latest coin as fast as possible. Lastly,
The post Shiba Inu Price Down 10%, Robinhood COO Discusses Listing appeared first on The Merkle News.
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The meme-based digital asset shiba inu has entered the top ten largest crypto assets by market capitalization, knocking dogecoin down a notch. In the last 30 days, the shiba inu token climbed 976% capturing a market cap of over $40 billion. Meanwhile, the concentration of shiba inu whales is still quite large these days alongside […]
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Bitcoin pulls a fresh surprise out of the hat just as opinions were beginning to flip bearish below $60,000.
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Shiba Inu’s massive gains all across October may pare on potential bearish divergence signals and an overvalued relative strength index.
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