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Shiba Inu (SHIB) Burn Rate Explodes by 2,000% Weekly: Further Price Rally Incoming?

TL;DR SHIB’s recent price pump coincides with a substantial resurgence of the project’s burning program. Despite strong fundamentals, Shiba Inu’s RSI is nearing 70, indicating it may be overbought and…

Continue ReadingShiba Inu (SHIB) Burn Rate Explodes by 2,000% Weekly: Further Price Rally Incoming?

Shiba Inu (SHIB) Outpaces Ethereum (ETH) and Pepe (PEPE): But Not in the Way You Might Think

TL;DR Shiba Inu leads in centralization: a setup that poses risks of sudden price swings and contradicts crypto’s decentralized ideals. SHIB shows mixed signals, as its price dips while burn activity…

Continue ReadingShiba Inu (SHIB) Outpaces Ethereum (ETH) and Pepe (PEPE): But Not in the Way You Might Think

Shiba Inu (SHIB) Leads Whale Accumulation Wave Amidst Rising Geopolitical Tensions

Following Israel’s airstrikes on Iran, crypto markets have sharply declined. Amid the turbulence, Santiment data shows a spike in large wallet activity across altcoins like Shiba Inu, Compound, and UMA.…

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Major Shiba Inu Warning, Ripple’s Latest Achievement, and More: Bits Recap June 6

TL;DR Shiba Inu users received an alert about a phishing scam posing as the Coinbase Compliance Team. Ripple’s stablecoin continues to gain traction, recently obtaining major approval in Dubai. Despite…

Continue ReadingMajor Shiba Inu Warning, Ripple’s Latest Achievement, and More: Bits Recap June 6