#Shiba Inu

Why people traded Dogecoin for Shiba Inu cryptocurrency coins

The Shiba Inu cryptocurrency coin reached more than 1 million new traders this week in large part because people swapped their Dogecoin for Shiba Inu coins. Per FX Street, the cryptocurrency exchange platform ChangeNOW offered investors the option of trading their Dogecoin for Shib cryptocurrencies coins. “Traders availed this service...
Picture for Why people traded Dogecoin for Shiba Inu cryptocurrency coins

Why is Shiba Inu coin still on the rise?

The Shiba Inu cryptocurrency coin continues to rebound and rise — despite several months of dips and drops. And some experts remain unsure why that is. Professional Shiba Inu coin traders told that they remain unsure why the meme-based cryptocurrency has such resiliency. “SHIB is like this ‘retail-traders-take-over-the-world’ magic...
Picture for Why is Shiba Inu coin still on the rise?

Shiba Inu coin is pointless, expert says

“The Big Short” investor Michael Burry has called the Shiba Inu cryptocurrency coin “pointless,” saying there are too many coins currently in circulation. According to Business Insider, Burry recently tweeted that the meme-based cryptocurrency is pointless. “Just saying, one quadrillion seconds is about 32 million years,” he tweeted. “One quadrillion...
New York Post

Bitcoin surges past $50,000 as dog-themed cryptocurrencies surge

After taking a drubbing last month, cryptocurrencies are enjoying a rebound in October — and dog-themed coins are in particular demand. Bitcoin on Wednesday surged more than 9 percent and topped $55,000 per coin briefly for the first time in nearly five months. The crypto was last seen exchanging hands at almost $54,900 per coin, but reached as high as $55,499 earlier Wednesday. It’s now up more than 33 percent over the past week.

Shib coin users say they can’t trade the crypto token on Coinbase

Investors in Shiba Inu coin — a meme-based cryptocurrency token — have reported issues trading the crypto coin on the Coinbase Pro app, per Benzinga. Active users on the r/SHIBArmy subreddit admitted that there have been technical issues with Coinbase Pro, which has stopped people from trading, selling and investing in the coin, according to screenshots obtained by Benzinga.

Dogecoin, Shiba Inu at Risk of Steep Correction

Dogecoin and Shiba Inu’s social engagement metrics have plummeted since May. DOGE is now sitting on weak support, ready to retest $0.17. Likewise, SHIB is primed for a downswing to $0.00000582. Dogecoin and Shiba Inu have lost the crowd support that allowed them to skyrocket to new all-time highs. Until...

Bitcoin Vs Ethereum Vs. Dogecoin Vs. Shiba Inu: Which Crypto Emerged The Winner For The Week

The cryptocurrency market was buoyant in the past week, thanks to the prospect of the SEC approving trading in a Bitcoin (CRYPTO: BTC) ETF. Asset manager ProShares has filed an updated prospectus with the SEC late Friday for the Bitcoin Strategy ETF, which is expected to trade under the ticker symbol BITO. Incidentally, Bloomberg has added the ticker to its data feed, revving up hopes.