Bitcoin, Ether Prices Ease as SHIB Drives Gains in Meme Tokens
A rally in meme tokens such as dogecoin and shiba inu is primarily driven by Asian traders in response to bullish sentiment around ether exchange-traded funds (ETFs), one trader said.
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A rally in meme tokens such as dogecoin and shiba inu is primarily driven by Asian traders in response to bullish sentiment around ether exchange-traded funds (ETFs), one trader said.
Dog-themed tokens tend to move after rallies in video game retailer Gamestop, a so-called “meme stock.”
A physical representation of doge and shiba inu tokens (Kevin_Y/Pixabay)
At one point in 2024, meme coins were the apex cryptocurrencies, accounting for nearly all of the top 10 performers … Continue reading
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Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.
The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.
Although the eagerly awaited Bitcoin (BTC) halving event is yet to make significant ripples across the cryptocurrency industry, some of … Continue reading
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Shiba Inu (SHIB) is back to a 2-month consolidation range after briefly losing it as geopolitical tensions brought uncertainties. Now, … Continue reading
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In March, the cryptocurrency market witnessed a surge in the popularity of meme coins, such as Shiba Inu (SHIB) and … Continue reading
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Shiba Inu is the first layer 2 blockchain to join the media and entertainment association to develop blockchain technology for content security and distribution.