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TL;DR According to Ali Martinez, SHIB could find support at as low as $0.0000094. However, a breakout above $0.00001461 could trigger bullish momentum and a 230% price rally. SHIB’s Freefall Could Stop Here The meme coin sector has suffered painful losses following the overall crypto market crash in the past few days. The second-largest asset of that type – Shiba Inu (SHIB) – was among the worst affected, with its price plummeting by 16% weekly and 10% daily. SHIB Price, Source: CoinGecko Its market capitalization plunged below $7.7 billion, meaning the asset is now out of crypto’s top 20 club. As expected, the downtrend has negatively affected SHIB’s investors. According to IntoTheBlock’s data, the share of people sitting at paper losses has surged past 60%. One person touching upon SHIB’s recent performance was Ali Martinez. The analyst assumed that the price of the meme coin could decline to $0.000012 or $0.0000094 before finding support. The second level represents a 30% decline from the current rate. Another industry participant who chipped in on the matter was the X user Rose Premium Signals. They envisioned a bullish momentum if SHIB breaks above $0.00001461. The analyst predicted that reclaiming the target could lead to a price rally to as high as $0.00004401 (a 230% increase from the ongoing valuation). More Pain Ahead? Two important factors signal that SHIB bears might continue to prevail in the short term. The first is the reduced Shibarium activity. At the beginning of the month, Shiba Inu’s layer-2 scaling solution processed multi-million transactions on a daily scale, but in the past few weeks, this figure has shrunk substantially. This suggests decreased interest in the network’s applications, such as decentralized finance (DeFi), NFT projects, or gaming platforms. For its part, this could lower demand for SHIB tokens and reduce the buying pressure. The next factor is Shiba Inu’s burning mechanism. The burn rate has dropped by 16% in the last 24 hours, resulting in around 25 million tokens sent to a null address. The program’s ultimate goal is to reduce the tremendous circulating supply of SHIB, possibly making the asset more valuable via scarcity. However, stalled progress could hinder that mission. The post Shiba Inu (SHIB) Might Plunge by Another 30% Before Finding Support (Analyst) appeared first on CryptoPotato.

The cryptocurrency market carries forward its growth through important advancements across multiple blockchain systems. The digital asset adoption gets stronger with Dogecoin , Cardano , TRON and Stellar providing unique solutions to financial and technological challenges. These cryptocurrencies showcase blockchain potential for traditional industry advancement through decentralized content management and cross-border financial operations. The growing worldwide interest in digital finance benefits from their innovations which create a secure and efficient financial system. Current price: $0.2016 Market cap:$29.9B The lighthearted cryptocurrencyDogecoin based on the Shiba Inu dog meme continues to attract many supporters in the digital currency market. The Shiba Inu dog meme appears on Dogecoin cryptocurrency while its popularity has significantly increased because of this symbolic representation. Tesla CEO Elon Musk regularly promotes Dogecoin through social media appearances while maintaining its public profile. The blockchain project Dogecoin functions as a Litecoin fork and continues to gain popularity through community support and wider adoption for online settlements. Current price: $0.6296 Market cap:$22.17B The proof-of-stake blockchain system known as Cardano focuses on decentralizing financial sector powers. The open-source project delivers secure and transparent digital transactions which facilitates developers and enterprises to construct decentralized applications. The Cardano Foundation focuses on developing new platform features to provide users with dependable tools for blockchain innovation. The platform uses multiple architecture levels which provide protection alongside speedy transaction processing capabilities. Current price: $0.2314 Market cap:$19.92B TRON has developed a blockchain-operated system which gives digital content creators control over their creative work. The blockchain platform was developed through Ethereum then transitioned to its separate network while continuing to provide peer-to-peer content distribution without agencies. Through this model creators can obtain compensation directly from their work which shifts their dependence from traditional platforms toward YouTube and Apple. TRON builds better transaction visibility through smart contracts to boost digital content revenue opportunities. Current price: $0.3001 Market cap:$9.21B Stellar assembles financial institutions through its network to offer economical international money transfers and transactions. The Stellar Development Foundation created this platform which enables users to exchange as well as send and receive multiple digital currencies. The XLM network token operates as a conversion method used for rapidly executing cheap financial deals between different currencies. Businesses and individuals benefit from the Stellar network which offers an efficient banking system alternative for performing seamless money transfers. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

The U.S. Securities and Exchange Commission (SEC) has made a big announcement, stating that meme coins like Dogecoin and Shiba Inu are not considered as securities. This decision is a big deal, especially for regular investors and those who are just getting into the field of crypto. Let’s break down what this means for the future of meme coins and the crypto industry too. What Are Meme Coins? Meme coins, like Dogecoin and Shiba Inu for example, started as jokes but have now turned into famous cryptos known for their hype. Dogecoin was inspired by none other than the popular social media meme featuring a Shiba Inu dog. In the beginning, it was just for fun, but as the years went by, the coins achieved a strong follower base, especially after getting support from key figures like Elon Musk. This started a new era for meme coins, such as Shiba Inu, which tried to imitate Dogecoin’s success. The SEC’s Ruling: Meme Coins Are Not Securities The SEC has formally announced that meme coins like Dogecoin and Shiba Inu don’t meet the standards of being a means of security. Meaning they won’t be controlled like stocks or bonds. For an asset to be classified as “security”, it has to meet certain requirements, like profits from other people’s work. Since meme coins don’t tick that box, they don’t count. This may sound like good news to crypto investors; having fewer regulations means fewer restrictions for meme coins. However, this doesn’t really make them safer or more stable investments. The SEC’s decision shows how meme coins depend more on market sentiment and social media hype rather than long-term value or use. What This Means for Investors The SEC’s decision clears up some confusion about whether meme coins will face the same rules as stocks or other financial assets. Even though they won’t for now, this also means they remain high-risk, unpredictable investments. Prices can shift rapidly, and most of the value comes from trends instead of actual use cases. For investors looking at meme coins, this ruling doesn’t change the fact that they’re still driven by hype. They might rise sharply based on social media trends or celebrity backing, but they’re also likely to decline rapidly. Investors should keep in mind that meme coins are risky, and their value is difficult to predict. The Future of Meme Coins So, what comes next for meme coins? While the SEC’s decision may provide some form of relief from extra regulation, it doesn’t guarantee long-term success. Meme coins will most likely continue to gain attention from investors who are hoping for immediate gains, but their future is unsure. Without real use cases or strong backing, they may struggle to hold onto their value in the long run. For now, meme coins are part of the crypto market even though they are highly uncertain. If you’re thinking about investing, it’s important to tread with caution and understand the risks involved. While they might offer short-term excitement, their long-term potential is still unpredictable. The post SEC Declines to Govern Meme Coins: Does This Change Their Future? appeared first on Coinfomania.

Make way for the TOP trending #cryptocurrency this Saturday on BitDegree 🔥🚒 1. Pi $PI 2. Bitcoin $BTC 3. Solana $SOL 4. XRP $XRP 5. Ethereum $ETH 6. BNB $BNB 7. Dogecoin $DOGE 8. Litecoin $LTC 9. Tether $USDT 10. Shiba Inu $SHIB

O ecossistema Shiba Inu (SHIB) introduziu uma nova iniciativa para aumentar significativamente a taxa de queima do token. Lucie, líder de marketing da SHIB, revelou recentemente o Modo de Duelo Shiba Eternity, um novo recurso de jogador contra jogador (PvP) dentro do jogo de cartas colecionáveis Shiba Eternity (CCG). Ao anunciar a atualização no X, Lucie declarou: “SHIBA ETERNITY DUEL MODE – Battle for $SHIB & Burn!” Apesar de ainda estar em fase de testes beta, a funcionalidade já gerou burburinho no Exército SHIB, pois pode aumentar drasticamente a escassez do token. O Modo Duelo SHIB apresenta uma forma competitiva e estratégica de envolver os jogadores e, ao mesmo tempo, contribuir para a iniciativa Shiba Inu Burn. Para participar, os jogadores devem entrar no Duel Lobby e pagar uma taxa de inscrição de 50.000 SHIB. Em cada partida, dois jogadores lutam num formato de jogador contra jogador (PvP), com o vencedor a levar para casa 80.000 SHIB como recompensa. No entanto, para além da emoção da competição, o modo incorpora um mecanismo de queima, garantindo que 10.000 SHIB são permanentemente retirados de circulação após cada partida. Lucie enfatizou o potencial de mudança de jogo dessa iniciativa, afirmando que o objetivo não é apenas milhares de partidas, mas milhões jogadas diariamente. Ela explicou que, se o jogo atingir 1 milhão de partidas por dia, a taxa de queima dispararia para 10 bilhões de SHIB diariamente, um marco que poderia melhorar significativamente a estratégia deflacionária da SHIB. Se for bem sucedida, esta estratégia poderá ter um enorme impacto na oferta circulante da SHIB, com projecções que estimam 300 mil milhões de SHIB queimados por mês e mais de 3,6 biliões de SHIB queimados anualmente. A introdução do Modo Duelo vem na sequência de um aumento notável nas queimas de SHIB. De acordo com o Shibburn, o rastreador oficial de queima de SHIB, a taxa de queima de Shiba Inu aumentou 1306% em 27 de fevereiro, com 30,15 milhões de tokens removidos da circulação em apenas 24 horas. Até o momento, o fornecimento circulante do SHIB é de 589 trilhões de tokens. HOURLY SHIB UPDATE $SHIB Price: $0.00001434 (1hr -0.55% ▼ | 24hr 0.35% ▲ ) Market Cap: $8,447,369,087 (0.34% ▲) Total Supply: 589,255,346,351,380 TOKENS BURNT Past 24Hrs: 30,156,987 (1306.07% ▲) Past 7 Days: 142,062,714 (50.8% ▲) — Shibburn (@shibburn) February 27, 2025 Além disso, 257,65 milhões de SHIBs foram queimados apenas em fevereiro, destacando a crescente participação da comunidade em iniciativas de queima. No entanto, apesar desses desenvolvimentos positivos de queima, o preço do SHIB tem lutado em meio à turbulência mais ampla do mercado de criptografia. Nas últimas 24 horas, o token caiu 9.85%, enquanto seu declínio semanal é de 15.57%, com o SHIB sendo negociado atualmente a $ 0.00001314, um total de 84.74% abaixo de seu máximo histórico de $ 0.00008845, registrado em 2021. Olhando para o futuro, um rompimento acima do nível de resistência de $ 0.00001714 poderia sinalizar um novo impulso de alta, potencialmente abrindo caminho para um impulso em direção a $ 0.00002000. Apesar das recentes lutas de preços, os esforços consistentes de queima da SHIB e a estratégia deflacionária de longo prazo acabarão por gerar avaliações mais altas e maior estabilidade do mercado.