Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
SHIB
Shiba Inu Whale Withdraws 2.2 Billion SHIB From Robinhood, Should You Follow The Whales?
Shiba Inu whales are on the move again, sparking speculations on what they expect from the meme coin. One whale, in particular, has caught the attention of the SHIB community following a massive withdrawal from the popular crypto and stock trading exchange Robinhood. Whale Pulls Out Almost $40 Million From Robinhood The Shiba Inu whale transactions that have got tongues wagging were first picked up on June 20 by the on-chain whale tracking platform Whale Alert. According to the report,…
12 months ago
DTX Exchange (DTX) Shocks With $100K Raise, Analysts Think 450% Surge Could Mirror Shiba Inu (SHIB) Jump After Launch
Shiba Inu (SHIB), the meme coin, was developed in August 2020. The ERC-20 token was created as an experiment in the decentralized spontaneous community building. The meme coin has witnessed massive success post-launch. The current price of the Shiba Inu (SHIB) token is about 450% of its launch value. Moreover, the expanding support via visa card funding further strengthens its place in the bull market. Analysts view DTX Exchange as a carbon image of the SHIB token as it follows…
12 months ago
Shiba Inu Whales Transfer 2.55 Trillion SHIB from Exchanges, Sparking Investor Speculation
The post Shiba Inu Whales Transfer 2.55 Trillion SHIB from Exchanges, Sparking Investor Speculation appeared first on Coinpedia Fintech News Shiba Inu whales have withdrawn a major amount of 2.55 trillion SHIB tokens from exchanges, which includes 2.2 trillion worth $39.9 million from Robinhood and 353 billion valued at $6.6 million from Binance. These three large-scale transfers are brought to light by Whale Alert and LookIntoChain, and hints at a strategic repositioning amidst the market volatility. Moreover, these transactions fall…
12 months ago
Which DeFi Token Will Surge the Highest After ETH ETF? SHIB Whales Bet on Bittensor and DTX Exchange
The post Which DeFi Token Will Surge the Highest After ETH ETF? SHIB Whales Bet on Bittensor and DTX Exchange appeared first on Coinpedia Fintech News The approval of Ethereum ETF (ETH ETF) has driven notable momentum in the altcoin market. As leading experts suggest that the trading will commence by the start of July, investors seek promising altcoins to showcase massive upside momentum with high investment returns. While the market is abuzz with ETH ETF, Shiba Inu (SHIB) whales…
12 months ago
Shibarium Skyrockets 441%: SHIB Community’s New Era Beckons
Shibarium’s daily transaction volume surged by 441% this week, reaching 13,191 transactions. The network saw a rise in active users from 798 to 836, indicating growing engagement despite a slight decline in new account creation. This week, Shibarium, the blockchain network associated with the Shiba Inu token, experienced a substantial surge in on-chain activity, capturing the attention of the cryptocurrency community. The network’s daily transaction volume increased by an astonishing 441%, rising from 2,990 transactions at the beginning of the…
12 months ago
Bitcoin is Going To $100k, But Analysts Say SHIB and APORK Will Make You More Money
James Check, a top on-chain analyst has predicted that Bitcoin (BTC) will be rallying above $100k soon. While Check believes BTC has a 30% chance of trading as high as $250k this bull cycle, analysts have picked top meme coins, Shiba Inu (SHIB) and Angry Pepe Fork (APORK), to record even bigger gains this year. Bitcoin (BTC) To $100K Will Happen Soon In a new interview on the Blue Collar Bitcoin YouTube channel, James Check said that the price of…
12 months ago
Is Shiba Inu Dead? SHIB Continues to Slump as Traders Switch to New Meme Coin
The post Is Shiba Inu Dead? SHIB Continues to Slump as Traders Switch to New Meme Coin appeared first on Coinpedia Fintech News Shiba Inu has fared disappointingly, falling 10% today and 20% this week. Its performance makes it the worst-performing top-20 crypto. But while traders pull funds from SHIB, the new presale meme coin PlayDoge continues to grow – could it provide an alternative to struggling major meme coins? SHIB Dumps Amid Crypto Market Downturn Led By BTC Shiba Inu…
12 months ago
Shiba Inu Touches Monthly Low Amid Declining Whale Interest: Will Bulls Gain the Control of SHIB Price?
The post Shiba Inu Touches Monthly Low Amid Declining Whale Interest: Will Bulls Gain the Control of SHIB Price? appeared first on Coinpedia Fintech News As Bitcoin’s price declines from its recent peak of $70K to the low of $65K level, the once-lucrative meme coin market is feeling the pressure. The sector had previously offered robust returns exceeding 500% among the top tokens by market capitalization. Now, traders are cautiously eyeing potential gains in meme coins amid the downturn. However,…
12 months ago
Rebel Satoshi (RECQ) Presale Frenzy Intensifies as Whales Pivot from Shiba Inu (SHIB) and PEPE
The post Rebel Satoshi (RECQ) Presale Frenzy Intensifies as Whales Pivot from Shiba Inu (SHIB) and PEPE appeared first on Coinpedia Fintech News Early adopters of the Rebel Satoshi’s RECQ token will enjoy significant gains as it progresses through the presale stages, making it the best crypto to buy now. Shiba Inu (SHIB) has struggled with inconsistent bullish movements due to waning investor support. This has led to decreased whale transactions and increased selling from holders, causing a price drop.…
12 months ago