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Showing posts with the label shiba inu

Grayscale Names Shiba Inu As Leading Project: Why The Praise?

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According to Shiba Inu (SHIB) team member Lucie, Grayscale has listed the popular memecoin under the “Consumer & Culture” sector in its Market Byte: Here Come the Altcoins from October 2025. The financial institution lists SHIB as a “ leading project shaping community, culture, and entertainment in crypto. “ Good news for SHIB holders Grayscale’s Market Byte Here Come the Altcoins from October 2025 officially lists Shiba Inu SHIB under the Consumer & Culture crypto sector in the FTSE Grayscale Crypto Sectors framework. SHIB is recognized by Grayscale Investments and FTSE Russell as… pic.twitter.com/8jBpKkP9PL — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) November 2, 2025 While being included in Grayscale’s list of leading projects is a notable milestone, let’s discuss whether Shiba Inu (SHIB) can recover from the ongoing market crisis. Will Grayscale’s Praise Help Shiba Inu Rebound? Source: Watcher.Guru The crypto market has struggled to gain momentum over th...

Shiba Inu: You Could Have Made $11 Million By Investing Just $62

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If you had invested $1 every week since Shiba Inu’s (SHIB) launch in August 2020, you would have put in $196 till now. In the four years since its launch. the investment would have grown to $5.68 million, a rise of 2,901,536% (2.9 million percent). Source: CryptoDCA Also Read: Shiba Inu: Here’s How To Be a Millionaire When SHIB Hits $0.035 If you had made a $1 investment every week in SHIB since its launch till it hit an all-time high of $0.00008616 on Oct. 28, 2021, you would have invested $62. In this scenario, the investment would have become a whopping $11.60 million, a return of 18,718,732% (18.71 million percent). Source: CryptoDCA Can you still become a millionaire with Shiba Inu? Source – Token Metrics SHIB had an explosive year in 2021, rallying by many million percent within its first year. The asset’s price has since struggled to regain the same momentum. SHIB’s price has fallen by nearly 80% from its 2021 peak. Also Read: Shiba Inu (SHIB) Predicted to...

Is Shiba Inu's Shytoshi Kusama Elon Musk?

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The Shiba Inu [SHIB] ecosystem has been thriving since its inception. The network saw immense growth in price, user base as well as partnerships. While several called out meme coins for their lack of utility, SHIB was boosting its real-life use cases. Amidst this success, the people behind the network remain masked, quite literally. The market does not know who Ryoshi, the anonymous founder of SHIB, or its lead developer Shytoshi Kusama. Several conjectures about the identity of Shytoshi Kusama started to surface. A popular choice was Elon Musk, the billionaire behind Tesla. Musk has time and again asserted his inclination towards Dogecoin [DOGE]. As a result, the community wasn’t surprised that Musk would opt to support another canine-inspired meme coin. Shytoshi Kusama Breaks Silence Shattering the hopes of many, Shiba Inu’s Kusama did admit that he is not Elon Musk. But he did mention that he would want to meet Musk and show him how it is done. Although this comment is st...

Shiba Inu Price Prediction: Can It Reclaim $0.00002 This Week?

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The cryptocurrency market continues its struggle with falling prices, with Bitcoin (BTC) dipping over 12% in the last week and the global market cap falling 4% in 24 hours. Shiba Inu (SHIB), and other altcoins, are following BTC’s lead. SHIB has fallen 6.3% in the weekly charts, 4.2% in the 14-day charts, and more than 32% over the previous week. Also Read: Shiba Inu: Here’s How To Be a Millionaire When SHIB Hits $0.007 The current market slump is likely because of reduced demand for BTC ETFs that have seen increased outflows over the last few weeks. Miners had also begun selling their holdings as the average cost of mining one BTC surpassed the $86,000 level a few weeks ago. The falling prices seem to have spooked investors into exiting their positions from risky assets, with investor sentiment hovering in the “fear” zone. Can Shiba Inu reclaim $0.00002 this week? Source: DailyHodl CoinCodex researchers anticipate SHIB to climb to $0.00003426 on July 13, 2024. The pla...

Will July 2024 Be Bearish or Bullish for Shiba Inu [SHIB]?

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Throughout June 2024, the cryptocurrency market as a whole was in the red. The most severely affected was Shiba Inu [SHIB], which fell by 33%. Over the past 30 days, the asset’s price ranged from a high of $0.0000272 to a low of $0.0000165. SHIB was up 1.29% over the last 24 hours to $0.00001735 at the time of writing. The market connected this decline to prior years as it tried to determine what caused it. In addition to falling more than 33% last month, SHIB saw losses of 4.75%, 12%, and 11.5% by the end of June 2021, 2022, and 2023. Based on historical statistics, June was a bad month for the SHIB market. However, since the month is almost over and the next two days are crucial, speculators are placing large bets on July 2024. Since it was created in August 2020, the Shiba Inu has experienced three Julys. The meme coin saw a double-digit loss in July 2021 of 28.25%. The price of SHIB, which had increased by more than 400% in the preceding three months, had corrected prior to t...

Shiba Inu To Hit 25 Cents? Here's When SHIB Could Reach $0.25

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Shiba Inu is currently trading around the $0.000025 mark in the indices on Friday and is mostly moving sideways. Around 1.4 million investors currently hold SHIB in their wallets and are waiting for the long term to generate profits. The majority of investors are hoping for SHIB to hit the 1-Cent mark and make millions of dollars. The others are eager for the token to climb beyond $0.01 and reach a new milestone that can turn them into multi-millionaires. Also Read: SHIB to Hit $0.000031 This weekend? For those who are waiting for Shiba Inu to reach 25 Cents, the road is long, and difficult to hit the $0.25 threshold. It might take years or even decades or one’s lifetime could pass before it reaches the price mark. However, in this article, we will highlight what could make Shiba Inu’s price hit the $0.25 milestone. Also Read: SHIB Forecasted To Hit $0.05, Bitcoin Pundit Predicts When Shiba Inu: Here’s How SHIB Might Hit 25 Cents ($0.25) Source:...

Shiba Inu: Whale Wallet Moves 3 Trillion SHIB Tokens, Here's Why

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According to the crypto Analysis platform Whale Alert, 3 trillion Shiba Inu (SHIB) tokens moved from one unknown wallet to another. The transfer took place over one transaction and was the second-largest single transfer since last week. The value of assets moved is about $82.4 million. Given the size of the transfer, the SHIB community was in splits about the identity of the wallet owner. 3,000,000,000,000 #SHIB (79,947,000 USD) transferred from unknown wallet to unknown wallethttps://t.co/V8B7aaSbae — Whale Alert (@whale_alert) April 24, 2024 Also Read: Shiba Inu or Dogecoin: Which Meme Coin To Buy For 10X Gain? Although Whale Alert did not name the wallet holder, Etherscan.io data shows that the crypto exchange Robinhood is affiliated with the receiving wallet. Moreover, Robinhood is also affiliated with the wallet that sent the 3 trillion tokens. The exchange may be reorganizing its holdings. Source: Etherscan.io Shiba Inu (SHIB) to hit a new all-time ...

Shiba Inu: Machine Learning AI Predicts SHIB Price For April 10, 2024

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The crypto world is notorious for its roller-coaster-like price swings, where assets can skyrocket or plummet in the blink of an eye. Predicting the trajectory of any digital currency often feels like gazing into a crystal ball. However, this process has become more science than sorcery thanks to cutting-edge machine-learning algorithms like those utilized by Changelly. Shiba Inu (SHIB), the token inspired by everyone’s favorite canine, has once again captured the spotlight as machine learning AI reveals its forecast for April 10, 2024. Currently valued at $0.0000266 with a minor dip of 1.22% for the day, SHIB sits at a crucial point, potentially on the cusp of reclaiming its position above the $0.0001 mark. Source The bold claim made by lead developer Shytoshi Kusama last month, dismissing a $0.00012 prediction for SHIB as an “underestimate,” has sparked heated debates in the crypto community. Can SHIB truly reach such lofty heights, or are we witnessing the opt...

Shiba Inu Becomes The Most Traded Cryptocurrency in India

According to a recent tweet on X by leading Indian exchange WazirX, Shiba Inu emerged as the most traded token on its platform in March. WazirX disclosed that Shiba Inu outperformed even the leading cryptocurrency, Bitcoin (BTC), in terms of trading activity among its users. This remarkable feat has not only solidified SHIB’s position in the Indian crypto market but has also reignited optimism within the Shiba Inu community. Also read: Can Shiba Inu (SHIB) Hit $0.00008 After Bitcoin Halving? Shiba Inu Outshines Rivals in the Meme Coin Industry  Interestingly, Shiba Inu’s dominance on WazirX extended beyond its rivalry with Bitcoin. The token also outperformed its competitors in the meme coin industry, including Pepe, Floki, and even the most prominent meme coin, Dogecoin (DOGE). Despite its prominence in the meme coin sphere, Dogecoin ranked at the bottom of WazirX’s top five most traded cryptocurrencies for March. The Shiba Inu ecosystem team q...

Shiba Inu (SHIB) Price Prediction After Bitcoin Halving

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Bitcoin skyrocketed in price touching a new high of $73,737 during mid-March this month. The phenomenal spike also led Shiba Inu to hit a new yearly high of $0.00004282 at the same period. The sudden spurt in price for Shiba Inu comes on the heels of the Bitcoin halving event. Also Read: Shiba Inu: Investment of $4,400 Grows To $50 Million Today For the uninitiated, the Bitcoin halving event is scheduled to take place next month on April 20, 2024. The event will make the supply of BTC cut into half making the cryptocurrency scarcely available. The development will make Bitcoin further shoot up in price as the demand will be high with limited supply. The move will make not only Bitcoin but also Shiba Inu and other leading cryptocurrencies sustainably scale up in the indices. Shiba Inu: What Will SHIB’s Price Be Post Bitcoin Halving? Source: Watcher Guru Leading on-chain metrics and price prediction firm CoinCodex has painted a rosy picture for Shiba Inu. According to t...

Shiba Inu: 4.5 Billion SHIB To Be Burned, Will Price Hit $0.00004?

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According to Shiba Inu (SHIB) team member Lucie, the project will undertake a significant burn soon. Lucie took to X and shared with the SHIB community that the team has collected 40 ETH, worth around $158,200, to purchase tokens for burning purposes. $SHIB burns incoming! 40 ETH collected for the burn. Stay tuned! — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) March 8, 2024 $158,200 would get around 4.5 billion SHIB tokens. Sending such a significant amount of coins to the dead wallet might lead to a spike in SHIB’s burn rate. SHIB’s burn rate is currently down by 67.04%, burning 48 million tokens in the last 24 hours. Also read: Did Elon Musk Buy Any Shiba Inu Tokens During the Bull Run? Source: Shibburn Will Shiba Inu (SHIB) hit $0.00004 after burning 4.5 billion tokens? Although 4.5 billion tokens is a significant number, it is still tiny compared to SHIB’s circulating supply. The project has around 589 trillion tokens in circulation right now. ...