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news-imageAugust 30, 2024

Centralization Threats Loom as Polygon and Shiba Inu Exhibit High Concentration Among Top Wallets

USDC and DAI maintain more decentralized holdings, with top wallets controlling less than 25% of their market caps, as per Santiment.
Publisher: CryptoPotato
Sentiment: Negative
POL
SHIB

More News Articles

Positive
cover-imageThe Currency Analytics
January 19, 2025

Shiba Inu Price Prediction: Key Levels for SHIB's Next Move

Shiba Inu (SHIB) has captured significant attention in the crypto space recently, driven by its dynamic price movement within an ascending channel. This technical structure, alongside crucial support levels, points to a promising continuation of the altcoin's bullish momentum.

Positive
cover-imageThe Currency Analytics
January 18, 2025

Shiba Inu Bulls Push SHIB Towards $0.000025

Shiba Inu (SHIB) is experiencing a surge of bullish momentum, with significant buying interest driving the token towards a key resistance level of $0.000025. After a period of uncertainty in the broader crypto market, SHIB is beginning to show strong signs of recovery, positioning itself for potential gains.

Positive
cover-imageCoingape
January 17, 2025

What's Behind the 883% Surge in Shiba Inu Outflows?

Shiba Inu (SHIB) has seen its outflows skyrocket by 883% within the past week. According to data from IntoTheBlock, the substantial increase in outflows occurred between January 15 and January 16, with large holder outflows rising from 647 billion SHIB to 1.11 trillion SHIB.

Positive
cover-imageCryptopolitan
January 17, 2025

Billionaire Ambani's Reliance Jio unveils JioCoin token on Polygon

Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.

Positive
cover-imageAltcoin Buzz
January 17, 2025

Jio Partners With Polygon to Bring Web3 to 450M Users

This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.

Positive
cover-imageCrypto Reporter
January 16, 2025

‘It's an Obvious Play for a 100x' Says Analyst on this Altcoin's Rise, not Dogecoin or Shiba Inu

According to a prominent analyst, an undervalued altcoin, PCHAIN, is poised for a staggering 100x surge, capturing the attention of investors seeking the next big opportunity. Unlike memecoins such as Dogecoin and Shiba Inu, which rely on community hype, this PCHAIN is backed by strong fundamentals and real-world utility.

Positive
cover-imageThe Currency Analytics
January 16, 2025

Polygon Price Breakout: Bulls Eye $0.63 Resistance Level

Polygon (POL) is currently at a pivotal point in its price action, as it consolidates within a descending triangle pattern on the 4-hour chart. The price range between $0.47 and $0.41 has become a critical zone, with both bulls and bears battling for dominance.

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