WazirX, one of India’s largest cryptocurrency exchanges, suffered a security breach on Thursday that resulted in the loss of $230 million, nearly half of its reserves. The exchange referred to the incident as a “force majeure event.” However, the repercussions extend beyond WazirX alone, casting a shadow of uncertainty over Shiba Inu (SHIB) holders. Panic…
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Memecoins reflect a higher beta to the entire crypto sector, but does their recent 25% price drop signal a deepening bear market for BTC, ETH and large caps? The recent crypto crash hit memecoins hard, culminating with a 9% drop in total market capitalization from Aug. 14 to Aug. 21. During the same period, Pepecoin…
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SHIB, the token powering the second-largest meme coin, Shiba Inu flew 15% to trade at $0.00001120 at the time of writing. Shiba Inu price retested critical descending trendline support earlier in March—and rebounded, implying the trend was ready to change course northwards. Before the correction to $0.00001, which coincided with the above-mentioned trendline, SHIB had…
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The world’s second most popular meme coin, Shiba Inu is slowly approaching solid support around $0.00001210. Bulls are ready for another comeback, this time backed by the launch of Shibarium’s beta launch. Shiba Inu price is in the red because of a bearish wave that has been traversing the crypto market since the previous weekend….…
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Shiba Inu price is in the process of validating a crucial bullish pattern, likely to send it up 16.25% from the breakout point to $0.00001208. As previously discussed, the second-largest meme coin rebounded after tagging support at $0.000000960. … Read More: Shiba Inu Price Prediction as SHIB Trading Volume Blasts Past $100 Million Read more »Sign…
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Shiba Inu price is moving swiftly north after revisiting lows below $0.00001000. The second-largest meme coin trades at $0.00001044, following a 6.5% climb in 24 hours. Bulls will likely beef up their efforts if SHIB cracks resistance at $0.00001100. Such a move will also invalidate Shiba Inu’s extended downtrend within the confines of a falling…
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Shiba Inu price is down 2.5% on Friday amid a general crypto market pullback. The second-largest meme coin is yet to stop bleeding as investors react to the United States Consumer Price Index (CPI) report. The CPI is the benchmark for inflation in the world’s biggest economy…. Read More: Shiba Inu Price Prediction As SHIB…
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Shiba Inu (SHIB) has risen by 1% in the past 24 hours, reaching $0.00001123. This modest rise comes on the back of a similar movement for the cryptocurrency market as a whole, with prices correcting upwards a little after arguably excessive pessimism earlier in the week…. Read More: Shiba Inu Price Prediction – Is SHIB…
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