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SHIB Price Explodes in Recovery but These Shiba Inu Metrics Are Going Down

TL;DR The cryptocurrency market rebounded, with Bitcoin reaching almost $58,000 and Ethereum spiking above $3,000. Meme coins like Shiba Inu also saw significant gains. Despite the price surge, some SHIB…

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Shiba Inu (SHIB) Developments, Ripple (XRP) Price Rollercoaster, and More: Bits Recap July 8

TL;DR Bitcoin’s price fell from over $63,000 to around $54,000 in early July, with mixed opinions on its future direction. Shiba Inu dropped 6% but rebounded over the weekend, showing…

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We Asked ChatGPT Which Meme Coin Will Perform the Best if Bitcoin (BTC) Hits $100,000

TL;DR ChatGPT highlighted two cryptocurrencies as top meme coins that could perform well if Bitcoin reaches $100K, due to their strong community support and historical performance. Lesser-known memes like MAGA…

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Important BitMEX Announcement Concerning Shiba Inu (SHIB) and Other Meme Coins

Seychelles-based derivatives exchange, BitMEX has announced the launch of the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. The latest offering is designed to provide traders with an opportunity to gain exposure…

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Shiba Inu (SHIB) Nosedives Amid an Overall Meme Coin Bloodbath: Details

TL;DR The cryptocurrency sector saw a significant correction, with meme coin market capitalization dropping 10% to $46.4 billion; Shiba Inu (SHIB) fell by 6% daily and 8% weekly. On the…

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Is the SHIB Price in Danger of Crashing? Key Shiba Inu Metric Tanks by 70%: Details

TL;DR Shibarium’s activity has significantly declined, with daily blocks and transactions dropping over 50% recently. SHIB’s burn rate surged due to market volatility, and the token’s price fell 1.3% in…

Continue ReadingIs the SHIB Price in Danger of Crashing? Key Shiba Inu Metric Tanks by 70%: Details