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Why is The SHIBA Inu (SHIB) Price Is Up Today? SHIBA Inu Executive Sends Crucial Message On TREAT Launch SHIBA Inu Coin: Here’s Why SHIBA Inu Price Is Surging Today SHIBA Inu Coin’s Market Position Falters SHIBA Inu Shows Resilience in Crypto Market SHIBA Inu In Danger Zone: 15% Price Crash Incoming?

May / 05
- Why is The SHIBA Inu (SHIB) Price Is Up Today?
  
  May 04, 2024 at 10:59 pm CoinPedia News
  
  Shiba Inu (SHIB) has rebounded to $0.00002501, gaining 9.4% in the past 24 hours. Influencing factors include Bitcoin whale accumulation, the completion of Shibarium's hard fork upgrade, listings on Binance Japan and Kraken, a major Shiba Inu purchase by a whale on Robinhood, PayPal's integration for SHIB purchases, and a significant increase in the token's burn rate.
- SHIBA Inu Executive Sends Crucial Message On TREAT Launch
  
  May 04, 2024 at 11:19 pm CoinGape
  
  Shiba Inu's marketing lead clarifies that the TREAT token, intended for governance and utility on the upcoming Layer-3 blockchain, has not yet been released. This Layer-3 blockchain, developed in collaboration with Zama, aims to enhance scalability on Shibarium using Fully Homomorphic Encryption. TREAT was recently utilized in a token sale that raised $12 million for the development of the privacy-based Layer-3 blockchain and other initiatives.

May / 04
- SHIBA Inu Coin: Here’s Why SHIBA Inu Price Is Surging Today
  
  May 04, 2024 at 09:49 pm CoinPedia News
  
  Shiba Inu (SHIB) has surged by 10.4% due to increased burn rate, positive market sentiment, collaboration with PayPal, and listing on Kraken Pro. On-chain data suggests reduced selling pressure and growing investor interest. Analysts predict a further surge, projecting a 226.71% increase to $0.00007193 by June 1, 2024.
- SHIBA Inu Coin’s Market Position Falters
  
  May 04, 2024 at 08:44 pm BH NEWS
  
  Shiba Inu Coin's market position remains uncertain as technical indicators hint at potential decline. A descending triangle pattern emerged, raising concerns about further price drops. Investor participation wanes, with active addresses and new wallet creation decreasing. The overvaluation indicated by the MVRV ratio suggests a risk of profit-taking, further pressuring the price. However, positive market sentiment may offer opportunities for price rebounds. Investors are advised to proceed with caution amidst mixed signals and closely monitor the crypto's performance.
- SHIBA Inu Shows Resilience in Crypto Market
  
  May 04, 2024 at 07:44 pm COINTURK NEWS
  
  Amidst the recent market turbulence, Shiba Inu (SHIB) has showcased remarkable resilience by maintaining its price above the crucial resistance level of 0.00002315 dollars. This strength coincided with a staggering 1000% surge in the altcoin's token burning rate, which has boosted optimism among market participants and contributed to the altcoin challenging traditional market trends.
- SHIBA Inu In Danger Zone: 15% Price Crash Incoming?
  
  May 04, 2024 at 05:00 pm NewsBTC
  
  Shiba Inu (SHIB) faces a technical battle, with analysts studying chart patterns and on-chain data to predict its next move. A descending triangle formation and falling demand suggest a potential price decline, while new investors remain cautious. SHIB's high Market Value to Realized Value ratio raises concerns about overvaluation, but positive weighted sentiment provides a glimmer of hope.
- SHIBA Inu Tops BTC and DOGE on Indian Exchange
  
  May 04, 2024 at 04:57 pm CryptosHeadlines.com
  
  In April, Shiba Inu (SHIB) reigned as the most traded token on WazirX, India's leading crypto exchange, surpassing Bitcoin (BTC), Dogecoin (DOGE), Pepe (PEPE), and Ethereum. This dominance highlights the active engagement of WazirX traders with SHIB, demonstrating its popularity among Indian crypto investors.
- SHIBA Inu Coin: SHIB Price Rallies As Burn Rate Soars 1000%, What’s Next?
  
  May 04, 2024 at 04:34 pm CoinGape
  
  Shiba Inu, a prominent meme cryptocurrency, has exhibited remarkable resilience against market trends, maintaining an upward trajectory above $0.00002315. Its burn rate has surged 1009% over the past 24 hours, reducing its supply and further boosting its price. At press time, SHIB has surpassed $0.000025, attracting investor interest and optimism about its future price movements.
- SHIBArium’s Transaction Fees Skyrocket 500% Amid Surging Network Activity
  
  May 02, 2024 at 11:24 am Crypto Intelligence
  
  Shibarium, the Layer-2 blockchain for Shiba Inu, has experienced a 500% surge in transaction fees over 24 hours. Paid in BONE, fees escalated from 12 to 61.47 BONE. The increase aligns with growing network activity, rising Shiba Inu demand, and increasing active accounts on the platform. Experts are monitoring the impact on ecosystem activity, Shibarium's scalability, and SHIB and BONE token dynamics amidst the volatile cryptocurrency market.
- SHIBA Inu Price Prediction: SHIB Plunges 9% As This New AI Meme Coin Rockets Past $700K
  
  May 02, 2024 at 12:14 am Inside Bitcoins
  
  Shiba Inu (SHIB) price has plummeted 9% in 24 hours, dropping to $0.0000228. The downtrend emerged after a bearish reversal from a bullish pennant pattern, with selling pressure driving the price below the 50 SMA and 200 SMA. The RSI also indicates a reversal towards oversold territory. Meanwhile, WienerAI (WAI) continues to gain momentum with its presale raising over $714k, offering a unique combination of a meme coin and AI-powered crypto trading bot with staking rewards of over 1,252% APR.

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