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…
Shiba Inu Coin
Doge Wars: Attack of the Clones
Dogecoin is an increasingly popular peer-to-peer cryptocurrency. However, its story is less illustrious than more famous digital assets like Bitcoin or Ethereum. On the contrary, this coin was born from a meme, an internet joke with underlying humorous connotations. Several other cryptocurrencies surfaced on the market this way. However, Dogecoin’s luck came from celebrity endorsements like Snoop Dogg and Elon Musk. That’s how it became the ninth-largest cryptocurrency by market cap. In the beginning, many crypto experts were uncertain of Dogecoin’s future. While…
4 years ago
$SHIB Spikes After Coinbase Listing and Elon Musk’s Cryptic Endorsement
Shiba Inu, the China-based meme coin, spiked more than 34% Friday after trading on Coinbase. Earlier this week, Coinbase announced it supports meme coin Shiba Inu for its customers. Because of this, the trade volume of the token increased, leading to a surge in its price. SHIB is presently the 47th largest crypto globally. It has a $3.4 billion market capitalization. Bitcoin is first, while Dogecoin comes in ninth. According to Coinmarketcap, the coin’s market cap spiked from over $2.2 billion to about…
4 years ago
The Most Popular Crypto Coins in The Social Networks
Social media has always been an excellent center of marketing for any business. Almost every Fortune 500 company uses or has tried social networking in their business marketing strategies. This includes crypto projects, too. Every new crypto coin or project often has social media pages to attract investors. However, a select number of crypto coins have proven successful in social media. This guide looks into the five most popular cryptocurrencies on social networks, starting with Bitcoin, the largest crypto. Bitcoin…
4 years ago
A Look at the Recent Price Movements in the Crypto Market
The crypto market had a rocky time this week that saw most top crypto assets shed significant gains. For instance, BTC briefly plunged to a low of $28,600 on Tuesday, erasing almost all the gains it has accumulated this year. However, at its current price of $31,200, bitcoin is still up approximately 14% from this year's low of $27,730. Ethereum is facing strong resistance near $1,850 and has struggled all week to clear that level. On Friday, the world's second-largest…
4 years ago
Beginner’s Guide on The Shiba Inu Coin
Cryptocurrencies are still wildly volatile. There’s probably no industry as risky as the crypto space. It’s over a decade now, and still, cryptocurrency investors warn that people should only invest what they are ready to lose. However, it’s, on the other hand, one of the most lucrative, and this brings sense to the concept of high risks promising more significant returns. The industry is currently on fire over two sets of crypto projects; NFTs and the Shiba dog-inspired coins. Well,…
4 years ago