Momentum

Read

Shiba Inu

<div class="coingape"> 
 <h2 id="shiba-inu-s-bullish-momentum-continues">Shiba INU’s Bullish Momentum Continues</h2> 
 <p>The emergence of this significant SHIB accumulation has been brought to attention by Whale Alert. This remarkable event coincides with Shiba Inu’s recent remarkable performance, as the token experienced a remarkable over 25% surge in price over the last month, breaking free from a consolidation phase that had persisted until August 4.</p>  
 <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
  <div class="ad1"> 
   <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
   </div> 
  </div>  
 </div> 
 <p>This bullish momentum propelled SHIB beyond the psychological resistance level of $0.00001, achieving a four-month high. The past month has seen SHIB’s price surge by an impressive rally, accompanied by a surge in trading volume to a new six-month high, as reported by market intelligence firm Santiment.</p> 
 <p>In a parallel development, Shytoshi Kusama, the chief creator of Shiba Inu, has taken a proactive stance against false information and con games that are aimed towards the community for the meme coin. Recent efforts have been made to debunk scams related to the impending release of new tokens within the Shiba Inu ecosystem, including the misleading claims about the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> campaign. &nbsp;Kusama’s attention to detail serves as a warning to the neighborhood to be cautious and watch out for potential scams.</p>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p>Also Read: XRP Advocate’s Bold Bet, Counting On SEC Appeal Failure In Ripple Case</p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/06/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/06/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/06/9acafad721dcbc6c15e6daccd38017cb.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/06/9acafad721dcbc6c15e6daccd38017cb.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Best Crypto Exchange Affiliate Programs In 2023</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/06/f88de9f91a8c6b7926f52e209e8f697e.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/06/f88de9f91a8c6b7926f52e209e8f697e.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/07/e59946958a3ce000f279efb2e1b9c852.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/07/e59946958a3ce000f279efb2e1b9c852.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [Updated]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/07/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/07/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div> 
 <h2 id="all-sentiments-around-a-rel-noopener-noreferrer-nofollow-title-shibarium-href-https-thebittimes-com-tag-shibarium-html-shibarium-a">All Sentiments Around <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a></h2> 
 <p>Shiba Inu Token (SHIB) has shown tenacity by increasing more than 9% over the last seven days as interest in <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> and its potential effects on the Shiba Inu ecosystem grows. SHIB, which is currently trading at <span class="sc-16891c57-0 dxubiK base-text">$0.000009161</span>, is gaining attention as the cryptocurrency community anticipates the potential dawn of a new era brought about by this update.</p> 
 <p><img decoding="async" class="aligncenter size-full wp-image-156029" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201014%20505'%3E%3C/svg%3E" alt="Shiba INU Chart" width="1014" height="505" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/07/486be7d2e11d46bb89b45cfc5ce15d9e.webp"> 
  <noscript> 
   <img decoding="async" class="aligncenter size-full wp-image-156029" src="https://cdn.thebittimes.com/images/2023/08/07/486be7d2e11d46bb89b45cfc5ce15d9e.webp" alt="Shiba INU Chart" width="1014" height="505"> 
  </noscript></p> 
 <p><a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>’s Layer 2 blockchain will launch later this month, and the “Summer of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>” campaign, which will include exciting releases, has stoked market interest in SHIB and related currencies.</p> 
 <p>Also Read: New Bitcoin Addresses And Golden Cross Hints BTC Price Recovery</p> 
</div>

New Whale Scoops 4 Trillion Shiba Inu (SHIB) Ahead Of Shibarium Launch

Table of Contents

TheBitTimes

Other articles published on Aug 7, 2023

BTC Volatility Hits Record Lows As SHIB, UNI, OKB, HBAR Show Bullish Signs

SEC Lawsuit Affected Ripple’s Growth, Says Flare CEO Hugo Philon

PayPal Unveils PYUSD Stablecoin for Web3 and Small Payments

Crypto Market Braces for Impact as CPI Data Looms: What’s in Store For Bitcoin and Altcoins

Big Investor Acquires 4 Trillion Shiba Inu (SHIB) Coins Before Shibarium Launch

August Crypto Unlocks Can Cause a $212 Million Tidal Wave: Report

Join our free newsletter for daily crypto updates!