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Shytoshi Kusama, the lead developer behind the Shiba Inu cryptocurrency, has pitched a bold proposal to Elon Musk, suggesting the establishment of a Strategic Hub for Innovation in Blockchain (S.H.I.B.) as part of the incoming Trump administration's tech agenda.
Floki (CRYPTO: FLOKI), dubbed as an “underrated” meme coin by traders, could catch up to Dogecoin's (CRYPTO: DOGE) gains soon, according to sentiment on social media. What Happened: Crypto trader Unipcs shared his fondness for betting on "underrated, non-consensus plays," naming Floki as his top pick.
The recovery of Shiba Inu (SHIB) has met resistance at $0.00002800, resulting in a decline.
Dogwifhat (CRYPTO: WIF) has rallied 12% on Monday, sparking predictions of a potential bull run from traders. What Happened: Trader CrediBULL Crypto stated that Dogwifhat hit his upside target, leading him to take profits on his long positions in altcoins.
The price of top meme coin Shiba Inu (SHIB) has significantly increased in the past week. Fueled by the broader meme market rally, SHIB's price has climbed by over 50% in the past seven days and now trades at a six-month high of $0.000025.
Shiba Inu (SHIB) is among the standout cryptocurrencies in the ongoing market rally. The meme coin has broken into the top 10 digital assets by market capitalization.
Roughly 200,000 traders have been wrecked in the past 24 hours.
Shiba Inu's 18% surge in one day shows the powerful influence of community support and social sentiment on memecoin price action.
The price of Shiba Inu has jumped by 12% in the past 24 hours, racing to $0.00002614 on a day when Bitcoin has posted a new all-time high of over $82,000. The post Shiba Inu Back in Top 10 – Could SHIB Erase a Zero Next? appeared first on Cryptonews.
Dogecoin, Cardano, and Shiba Inu have outperformed Bitcoin over the past week, surging 80%, 85%, and 50% respectively.
Shytoshi Kusama, the lead developer of Shiba Inu, publicly mocked Charles Hoskinson, the founder of Cardano, over his alleged relations with the incoming Trump administration on crypto policy. The tension unfolded over X, drawing significant attention from the crypto community.
The market keeps growing at the beginning of the week; however, there are some exceptions to this rule, according to CoinStats.
Nearly half a billion SHIB meme coins have been scorched over the past day as a result of a sudden increase in the community's burn activity. This time, a mysterious whale stepped in to facilitate a staggering SHIB burn, according to the data shared by Shibburn.
With an incredible 21 trillion SHIB transactions in the last 24 hours, Shiba Inu has broken previous records. SHIB's price has increased dramatically as a result of this spike, which has also given the meme coin newfound attention.
SHIB drops 3% to $0.00002524 after rally. Key support and resistance levels analyzed.
The cryptocurrency market turned green following Donald Trump's victory, with Bitcoin opening the path towards new all-time highs beyond the $100,000 mark. Meanwhile, the industry anticipates friendly regulation under Trump's administration, as pro-crypto candidates took most House and Senate seats.
With a jump of ~14% in the past 24 hours with a trading volume of $6.543 billion. The SHIB price has maintained its bullish sentiment. The Shiba Inu memecoin has soared 58.39% over the past week, resulting in a multi-level breakout.
Shiba Inu 1837% token burn increase has fueled market optimism, boosting SHIB's price by 14% within 24 hours.
SHIB is among the market's best-performing assets today (November 11).
A meme coin developer is pushing for an ambitious plan of establishing a new American metropolis, similar to Silicon Valley, that is designed solely for the blockchain industry. Shiba Inu creator Shytoshi Kusama is urging the Donald Trump administration to consider the idea of a hub devoted to blockchain innovators and entrepreneurs.
Shiba Inu (SHIB), the Ethereum-based meme coin, has been seeing a massive surge recently, with a 52% rise over the past week, but that's not all. Its burn rate has surged by a jaw-dropping 1837%, with nearly half a billion SHIB tokens being destroyed.
Shytoshi Kusama, the pseudonymous lead of the Shiba Inu (CRYPTO: SHIB) ecosystem, proposed establishing a Strategic Hub for Innovation in Blockchain, or S.H.I.B., in response to Elon Musk's invitation to pitch potential roles in the new Donald Trump administration.
Shiba Inu's token supply decreased by 463.45 million through burns while experiencing a 64% weekly price increase amid rising trading volume and network activity.
The two largest meme coins are at the forefront of gains today.
