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Shiba Inu

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." According to its whitepaper, Shiba Inu was created with the intention of creating a "100% community-led" cryptocurrency. Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu is widely considered to be a "memecoin" due to its high volatility and network effect, driven by influential commentators like Tesla CEO Elon Musk.

Meme coin Shiba Inu leads the gains among the top 20 cryptocurrencies as its rapid token burn diminishes supply.

SHIB Jumps 9% As Token Burn Intensifies

Shiba Inu's (CRYPTO: SHIB) decentralized exchange (DEX), ShibaSwap, has seen its trading volume decline by over $1.5 billion since it first launched last year. What Happened: Data from Dune Analytics shows ShibaSwap's monthly trading volume for July was 311 million, an 80% decline from the $1.85.billion it recorded in July 2021.

Shiba Inu DEX Trading Volume Crashes 89% In Year

On-chain data shows that the richest Ethereum (CRYPTO: ETH) whales have been selling a large amount of Shiba Inu (CRYPTO: SHIB) tokens over the last two days. What Happened: ETH Whales sold 1.5 trillion SHIB tokens worth $20 million, as per data from blockchain wallet tracker Whale Stats.

Ethereum Whales Sold 1.5 Trillion Shiba Inu (SHIB) Tokens In 2 Days

Bitcoin

Veteran trader Peter Brandt is offering up his latest take on Bitcoin (BTC) and Dogecoin (DOGE) competitor Shiba Inu (SHIB). Brandt tells his 674,000 Twitter followers that SHIB has just completed an inverse head and shoulders (IH&S) pattern, a traditionally bullish formation that suggests the end of a downtrend.

Legendary Trader Peter Brandt Updates Outlook on Shiba Inu (SHIB), Says Bitcoin (BTC) Can Go Lower After Calling Crypto Crash

Dogecoin

Popular dog-themed meme coins SHIB and Dogecoin have plummeted double-digits over the week as the crypto winter continues.

Meme Coins SHIB, Dogecoin Shed Double-Digits Over The Week

Cosmos

Following three consecutive days of declines, shiba inu rebounded on Saturday, as the meme coin appears to have found a support point. Cosmos was also higher, in what has mostly been a bearish start to the weekend. As of writing, the global crypto market cap is down 1.31%.

Biggest Movers: SHIB Rebounds on Saturday, as ATOM Moves Away From 3-Week Low

The dog-themed meme coin has been on a tear over the last week, even as the wider crypto market crashed amid a wave of liquidations.

SHIB Up 4.5%, Defying Wider Crypto Market Slump

A significant amount of Shiba Inu (CRYPTO: SHIB) was burned over the last 24 hours. What Happened: The Shiba Inu burn rate surged 1167% on Thursday, as per data from token burn tracking portal Shibburn.

Shiba Inu Burn Rate Surges 1167% In A Day

Ethereum

Optimism

A popular analyst is providing price target updates for a handful of crypto assets as the markets fight to wrap up the week in positive territory.

Here's What's Next for Bitcoin, Ethereum, Binance Coin and a Leading Dogecoin Rival, According to Crypto Trader

Although Dogecoin and Shiba Inu posted losses in the past 24 hours, both meme coins are still boasting solid gains over the last week.

Shiba Inu, Dogecoin Up Double-Digits Over the Week

Historically, meme token rallies have been predictors of market tops analogous to record-setting art auction prices in traditional finance. This time it may be different.

Crypto Analysts Reject Latest DOGE, SHIB Rally as Contrarian Signal

Meme-based cryptocurrencies saw a fair amount of trading activity across major crypto exchanges over the last day. What Happened: Data shared by Jay Hao, CEO of crypto exchange OKX, shows that Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) saw the largest turnover, right behind Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), on spot trading over the last 24 hours.

Memecoins Shiba Inu, Dogecoin See Most Turnover After Bitcoin, Ethereum On OKX Spot Trading

Crypto analytics firm Santiment is tracking major purchases of popular meme coin Shiba Inu (SHIB) by some of the wealthiest wallets in crypto.

Shiba Inu Whales Abruptly Come to Life As SHIB Rallies 34% in Just One Day: Analytics Firm Santiment

Shiba inu remained close to a three-month high to start the week, after breaking out of a key resistance level over the weekend. The surge of the meme coin came despite the crypto market mostly being in the red on Monday.

Biggest Movers: SHIB Remains Near 3-Month High, Whilst LEO Hits 2-Week High 

Futures tracking the two tokens saw over $25 million in liquidations in the past 24 hours.

Shiba Inu, Dogecoin Jump as Risk-On Behaviour Returns to Crypto Markets

Meme coin Shiba Inu (CRYPTO: SHIB) saw nearly $6 million worth of liquidations over 24 hours late Sunday. What Happened: SHIB surged from an intra-day low of $0.00001272 to a three-month high of $0.00001743 on Sunday, as per data from Benzinga Pro.

Shiba Inu (SHIB) Sees $13.7M Liquidated As Price Surges 36%

The two largest cryptocurrerncies treaded red waters Sunday evening as the global cryptocurrency market cap fell 0.7% to $1.2 trillion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -0.3% 5% $24,334.90 Ethereum (CRYPTO: ETH) -2.4% 13.8% $1,934.15 Dogecoin (CRYPTO: DOGE) 11.3% 17.7% $0.08 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Shiba Inu (SHIB) +32.4% $0.00002 Chiliz (CHZ) +14.7% $0.18 Dogecoin (DOGE) +11.3% ​​$0.08 See Also: How To Get Free NFTs Why It Matters: As the weekend euphoria died down — during which Bitcoin failed to cross the $25,000 mark but Ethereum pushed past the psychologically important $2,000 level — meme coins were left partying alone.

Dogecoin, Shiba Inu Strike Big Gains In Meme Coin Bonaza As Bitcoin, Ethereum Retreat — Analyst Points To An 'Interesting' Pattern

Capital in the crypto markets is shifting to meme coins as a new week kicks off. The Ethereum-based dog-themed crypto asset Shiba Inu (SHIB) soared 40% in the last 24-hours, briefly shattering a $10,000,000,000 market cap. The Dogecoin (DOGE) rival's rise from $0.00001259 to as high as $0.

Dogecoin Competitor Shiba Inu Erupts, Hitting $10,000,000,000 Market Cap As Bitcoin and Ethereum Tap Resistance

With $3.41 billion in trading volume over the last 24 hours, SHIB hit highs not seen since May.

Shiba Inu Spikes 30% On Sunday, Dogecoin Climbs

Developers behind meme coin Shiba Inu (CRYPTO: SHIB) have revealed the name of the upcoming Shiba Inu collectible card game – Shiba Eternity. What Happened: In an update on Twitter, developers announced that they are working with Australian game developer PlaySide Studios to release the Shiba Eternity game on both the Apple Inc (NASDAQ: AAPL) App Store and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) Play Store.

Shiba Inu Unveils New Game To Be Launched For iPhone And Android Users

Ethereum (ETH) whales are aggressively increasing their holdings of a Dogecoin (DOGE) rival as the crypto market stages a modest recovery.

Ethereum Whales Pile Into Dogecoin Competitor Shiba Inu As Holdings Explode by Over 500%

Shiba Inu (CRYPTO: SHIB) saw one of its largest-ever liquidation days on record on Thursday. What Happened: According to data from CoinGlass, $16.84 million SHIB short positions were liquidated on July 28.

Shiba Inu Sees Nearly $17M Shorts Liquidated Over 24 Hours

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were falling about 2% each during Tuesday's 24-hour trading session, in tandem with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were declining about 1.5% and 3.5%, respectively. American billionaire entrepreneur and television personality Mark Cuban said recently that Dogecoin's popularity has been waning, as evidenced by a decrease in Dogecoin transactions for Dallas Mavericks' tickets and merchandise.

Still Tight With Dogecoin, Shiba Inu? A Look At The Cryptos As Popularity Wanes

The team behind meme-based cryptocurrency Shiba Inu (CRYPTO: SHIB) issued an important update about its token burn portal. What Happened: In a July 24 blog, the SHIB developers said they had been monitoring the issues with the SHIB token burn portal in lieu of receiving a high yield of tickets from “increasingly frustrated users.

Shiba Inu (SHIB) Developers Address Burn Portal Issues To 'Increasingly Frustrated Users'

Litecoin

The Sandbox

Polygon

Uniswap

A closely followed crypto strategist is issuing a warning to investors saying that a handful of altcoins appear poised for a corrective move after rallying over the last two weeks.

News for Shiba Inu Crypto (SHIB)