Shiba

2024

Dogecoin

Shiba Inu

Shiba Inu News Highlight: Forbes recently made a list of the top 10 cryptocurrencies to invest in March and Shiba Inu found a place in that list.
Shiba Inu is making a buzz in the market by soaring and giving an outstanding return of almost 261% in a month, which is higher than some top financial assets. Moreover, recently, it made its place in Forbes’s top 10 list of best cryptocurrencies to invest in March 2024.
<h2 class="wp-block-heading" id="strong-shiba-inu-news-highlights-strong">Shiba Inu News Highlights</h2>
Shiba Inu made it to the list of the top 10 best cryptocurrencies to invest in March 2024 by Forbes. It was one of the two tokens inspired by meme currencies, along with Dogecoin.
This shows that SHIB is getting attention from the mainstream media and influential financial platforms like Forbes. Forbes recognized that Dogecoin was a joke at first but is now a serious investment option.
SHIB is now on Forbes’ radar as the dog-themed token is soaring in the rankings. The top 10 cryptocurrencies to invest in March 2024 according to Forbes are:
1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Tether (USDT)
4. Binance Coin (BNB)
5. Solana (SOL)
6. Ripple (XRP)
7. U.S. Dollar Coin (USDC)
8. Cardano (ADA)
9. Dogecoin (DOGE)
10. Shiba Inu (SHIB)
Even though Shiba Inu is at the bottom of the Forbes list, it still entered the elite top 10 cryptocurrency investments. This shows that SHIB is now competing with the best investments in the financial sector.
<h2 class="wp-block-heading" id="strong-let-s-see-shiba-inu-technical-chart-updates-strong">Let’s See Shiba Inu Technical Chart Updates</h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="472" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-223-1024x472.png" alt="Shiba Inu " class="wp-image-196334" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-223-1024x472.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-223-300x138.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-223-768x354.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-223-1536x708.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-223-750x345.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-223-1140x525.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-223.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
 Source: TradingView
 </figcaption>
 </figure>
</div>
Shiba Inu, one of the most popular coins of the meme community is currently standing at the price of $0.00003344 after a decline of 4.65% in the past one day. The meme coin has a market cap of $19.71 Billion and a volume of $13.03 Billion.&nbsp;
According to trading view data, SHIB has outperformed in the past year with an upsurge of 220.00%. Year to date, the coin represented a hike of 223.40% and an upsurge of almost 372.32% in the past 6 months.
Within 3 months, SHIB rose by 223.72% and crossed 261.12% in one month. Moreover, 46.60% of a spike is recorded in the past 1 week, displaying strong performance.
As per the trading view technicals summary, 3 indicators are pointing for sell, 9 indicators are neutral whereas 14 indicators are indicating for buy. Overall, the indicators are showing a buy for<a href="https://www.thecoinrepublic.com/2023/12/31/guide-for-staking-shiba-inu-and-exploring-all-prospects-of-it/" target="_blank" rel="noopener noreferrer nofollow"> Shiba Inu</a>.
At the time of writing, the SHIB price is trading above 20, 50, 100, and 200-Day Exponential Moving Averages (EMA) levels which shows the bullishness of the price. The MACD indicator is giving bullish signals and is trading in the bullish zone above the middle line with the long green histograms supporting it.
RSI (relative strength index) confirms the bullish trend as it is trading near the 76.02 points in the overbought zone.
Overall technical indicators like RSI, MACD, and EMAs are supporting the bullish trend and the positive news regarding the SHIB indicates that the price may rise further in the future amid a bullish rally.
<h3 class="wp-block-heading" id="strong-disclaimer-strong">Disclaimer</h3>
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.

Shiba Inu News Alert: Forbes Add SHIB To Top 10 List

目录

Thecoinrepublic.com

发布于 2024年3月10日的其他文章

Arbitrum Slips Amidst Major Upgrade and Token Unlocks

Ubisoft Joins Forces with XPLA as a Node Validator to Revolutionize Web3 Gaming

Dogecoin (DOGE) and Shiba Inu (SHIB) Surge While Furrever Token (FURR)’s Initial Presale Achieves...

QNL Explore AI Powered Digital Libraries in a Recent Forum

ARB Price Prediction: Token Unlock and the Effect of Ethereum’s Upgrade

Is SolScan The Most Preferred Blockchain Explorer For Solana?

订阅我们免费的电子期刊，获取每日最新加密领域动态！