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Shiba Inu
Shiba Inu (SHIB) Price Drops 7% in 24 Hours but Remains Up 25% Over the Past Month
Meme token faces significant downward pressure amid shifting economic conditions despite positive developments in US-China trade relations.
SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimistic
Institutional investors accumulate despite volatility, with 109 new SHIB millionaire wallets emerging in April.
Shiba Inu’s 16% Plunge Tied to U.S.-China Tensions May be Short-Lived
Despite recent market turbulence, Shiba Inu shows signs of technical recovery while Shibarium reaches 1 billion transaction milestone
Memecoins Reach $140B Market Cap and Gain Ground in Crypto Economy
The memecoin sector was worth 11.21% of crypto market capitalization, excluding bitcoin and ether, as of Dec. 1.
Institutional Holdings of Meme Coins Surged Since January
Institutional allocations to meme coins have surged over 300% this year, reaching a peak of almost $300 million in April, according to crypto exchange Bybit. Dogecoin and shiba inu were favored among institutional investors for their liquidity, and Solana meme token BONK emerged as the most popular of the new meme coins, attracting over $75 million in institutional bets. Holdings were tracked exclusively on Bybit and do not include those on other exchanges. CoinDesk's Helene Braun presents "The Chart of the Day."
DOGE, SHIB Spike After Elon Musk Tweet About Mascot Dog's Passing
The price action underscores Musk's market-moving sway on the canine-themed meme coins.
SHIB to Get More Scarce as Key Exchange Expands to Shibarium
Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.
Shiba Inu Fetches $12M Investment in a Token Sale to Build Privacy-Focused Blockchain
The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.
Shiba Inu Joins CDSA to Battle AI-Driven Concerns Using Shibarium
Shiba Inu is the first layer 2 blockchain to join the media and entertainment association to develop blockchain technology for content security and distribution.
Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock
The increased network activity is benefitting ether investors by burning the token's supply at a faster pace, but it has also made Ethereum "unusable" for many due to sky-high transaction costs, IntoTheBlock analysts noted.