Show

Shiba Inu

<p><strong>Santiment</strong>, a well-known Crypto analytical platform, recently <a href="https://twitter.com/santimentfeed/status/1689717510877413376" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> the performance of various altcoins. While many mid and small caps are struggling to gain traction on a weekly basis, there’s a notable exception: <strong>Shiba Inu</strong>. </p> 
<p>The famous meme coin has caught the attention of many traders, primarily because it stands out as one of the few cryptocurrencies showing positive momentum. Specifically, $SHIB has seen a significant increase of +19%, accompanied by a surge in social volume.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1024" height="589" src="https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-1024x589.png" alt="" class="wp-image-310817" srcset="https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-1024x589.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-300x173.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-767x441.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-1536x883.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-2048x1178.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-261x150.png 261w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-100x58.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-609x350.png 609w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-335-788x453.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-335.png 680w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
<p>In addition to this, <strong>Bitpeaks</strong>, a renowned technical analyst, provided some valuable <a href="https://twitter.com/bitpeaks/status/1689876845250912256" target="_blank" rel="noopener noreferrer nofollow">insights</a> into the current market dynamics of Shiba Inu. According to Bitpeaks, the bids for $SHIB are 83% of the asks ($2,361,811 : $2,838,789). This indicates a strong resistance level, suggesting an optimal selling point at 0.00000998. For those interested in further details and other assets with a high bid-to-ask ratio, Bitpeaks offers more information on their platform. </p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1024" height="577" src="https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-1024x577.png" alt="" class="wp-image-310825" srcset="https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-1024x577.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-767x432.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-1536x865.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-2048x1154.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-266x150.png 266w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-621x350.png 621w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-336-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/08/image-336.png 680w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
<p> The recent price surge of Shiba Inu is closely linked to the anticipation surrounding the launch of <strong>Shibarium</strong>. Shibarium is the SHIB ecosystem’s most awaited project, and many believe it will significantly boost Shiba Inu’s price. This layer-2 scaling solution has garnered increased expectations, with many in the community eagerly awaiting its impact on the market.</p> 
<p>Furthermore, the Shiba Inu community is buzzing with excitement as the launch of Shibarium draws near. This layer-2 scaling solution is expected to bring about significant changes and improvements to the ecosystem. </p> 
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:"> 
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"> <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i> 
  <div class="rh-colortitle-inbox-label"> 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> Unibot: Trading Intelligence that Makes You 7x More Successful! 
  </div> 
 </div> 
 <div class="rh-colortitlebox-text"> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px"> 
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"> Discover the edge in crypto trading with <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Unibot" href="https://captainaltcoin.com/go/unibot/" data-shortcode="true">Unibot</a> – a user-friendly Telegram bot that boasts a 35% profitability rate amongst users, seven times higher than the average trader (only 5% of traders are profitable)! <br><br>Experience top-notch features like decentralized copytrading, DEX-based limit orders, and protection against MEV bots. <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Unibot" href="https://captainaltcoin.com/go/unibot/" data-shortcode="true"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> Click to connect with Unibot <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"></a>! </p> 
    <p></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span> 
   </div> 
  </div> 
 </div> 
</div> 
<p>At the time of a recent analysis, SHIB was trading at $0.0000108, having risen by more than 20%<br> over the past week and 3% in the last 24 hours.</p> 
<p>In conclusion, the Shiba Inu cryptocurrency is experiencing a wave of positive momentum, driven by both market dynamics and the highly anticipated launch of Shibarium. As always, potential investors should conduct their own research and consult with financial advisors before making investment decisions.</p> 
<p><em>Join us on <a href="https://www.facebook.com/captainaltcoin" data-type="URL" data-id="https://www.facebook.com/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow"><strong>Facebook</strong> </a>and <strong><a rel="noopener noreferrer nofollow" href="https://twitter.com/CaptainAltcoin" target="_blank">Twitter</a></strong> for the latest insights and discussions in the world of crypto.</em></p> 
<p><em>Explore our <strong><a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/tag/news/" data-type="URL" data-id="https://captainaltcoin.com/tag/news/" target="_blank">new</a><a href="https://captainaltcoin.com/tag/news/" data-type="URL" data-id="https://captainaltcoin.com/tag/news/" target="_blank" rel="noopener noreferrer nofollow">s section</a></strong> and stay ahead of the curve with our expert <strong><a href="https://captainaltcoin.com/predictions/" data-type="URL" data-id="https://captainaltcoin.com/predictions/" target="_blank" rel="noopener noreferrer nofollow">price predictions</a>.</strong></em></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/shiba-inu-shib-leaves-altcoins-in-the-dust-with-eye-popping-20-price-spike/">Shiba Inu (SHIB) Leaves Altcoins In The Dust With Eye-Popping 20% Price Spike</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Shiba Inu (SHIB) Leaves Altcoins In The Dust With Eye-Popping 20% Price Spike

CaptainAltcoin

Other articles published on Aug 11, 2023

Ethereum’s Low Volatility Fuels Severe Gas Fee Decline

Bitcoin ETF could be approved today, analyst claims

VISA Experiments with Paying Blockchain Gas Fees in Fiat

Coinrule further automates crypto platform with Generative Models like GPT

Glorious Ethereum Breakout on the cards as ETH and $ROE set for big rallies.

Will Hershey Stock (NYSE: HSY) Rebound From Trendline at $220?

Join our free newsletter for daily crypto updates!